Ou Chengxiao’s Early Life

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A man with a legendary past—certainly regarded as a "god" by segments of the middle class—for having guided the majority of middle-class families through real-estate investment to preserve, grow, and pass on their wealth.

His personal philosophy is straightforward: put every dollar into property and let it wait, compounding into a snowball for the future. It's akin to Buffett's stock-market investing. Buffett himself is notoriously stingy with home improvements—he'll only wash his car when it rains—because he sees today's single cent as tomorrow's hundred dollars. In other words, at the outset of rolling the snowball, every snowflake matters.

Professional investing is an agonizingly painful discipline. For long stretches you must stay relentlessly self-disciplined, link one move to the next, and keep the snowball growing.

Original: https://baijiahao.baidu.com/s?id=1730526118504711012

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