Without action, it's all just talk—nothing comes of it.
An opportunity is something you only realize after you’ve lost it.
How to Use Money
There are only two choices in life: buy assets or buy liabilities.
Don't buy liabilities; learn to buy assets. The same applies to time. Learn to invest in time assets, not time liabilities. When you buy time assets, you become more and more free; when you buy time liabilities, you become increasingly out of control.
Every time a desire arises, you'd best think about whether it's truly an asset or a liability when measured on the timeline of your life.
The Chain of Contempt and Cash Flow
In this world, the gaokao is much simpler than entrepreneurship, and entrepreneurship is much simpler than investment.
The main reason people feel that the later stages are easier than the earlier ones is simply that someone has already broken down the earlier steps into fine detail. After it’s been laid out so clearly, if you still can’t pull it off and get called out, your pride takes a hit—and you refuse to admit it. So you insist that the later parts must be easier.
It’s really just about saving face.
Anything you truly understand and become professional in, you’ll find it’s hard to make money.
The reason for the existence of the wealthy is that they still need human labor.
Money is an IOU others owe him, and he uses it to command their labor.
Money never truly existed—it's merely a shared human fiction, and from the moment it was born, its purpose was to serve as a tool for one person to control another.