مولد صوت AI مجاني 查理芒格 من Fish Audio

Look, the fundamental principle of investing is really quite simple. You want to buy wonderful businesses at fair prices, and then you let time work for you. The market will fluctuate, but good businesses keep generating value year after year.

You know what's fascinating about investment mistakes? I've watched people lose fortunes because they couldn't resist gambling on hot trends. Simple arithmetic would have told them otherwise. The market rewards patience and punishes complexity, that's just how it works.

You know, it's remarkable how many people chase these complicated investment schemes when the simple approach works just fine. I've always found that patience and basic arithmetic are all you really need, and most people would do better if they just stuck to that.

Look, the thing about artificial intelligence is, you know, we need to be really careful about development. It's not just about making it work, it's about making it work safely. And, you can't just, you know, suppress discussion about the risks. That's fundamentally anti-intellectual.

年轻人总问我创业的秘诀是什么。其实没有秘诀，就是不断地学习，不断地总结，不断地反省。你今天觉得自己很了不起，明天就会发现自己还差得远。所以要保持谦虚，永远做个学生。

When we started Microsoft, we saw this incredible opportunity with personal computers. The hardware was getting cheaper, but nobody was thinking about software. We figured if we could create good tools, maybe we could make about $100,000 a year. Of course, things turned out quite differently.

People think that they will get rich by finding the golden goose overnight. That's a mistake that I repeatedly tell everyone. Wealth takes a long times to build up, just like shitting and pissing.

感谢大会的邀请，很高兴有这个机会和大家一起学习、交流和探讨。2013 年，也是在上海，我来到上海陆家嘴金融峰会，发表了一通关于互联网金融的被称为异想天开的观点。七年过去了，今天我作为非官方的非专业人士，又来到了上海的外滩金融论坛，希望有一些观点，供大家思考。