Reading this book, I care more about the great man's personal outlook on life and wealth than Buffett's educational outlook.

First of all, Buffett is a particularly studious and diligent person. Buffett said that I am particularly fond of reading biographies, and my job is reading. When Buffett decides to invest in a company, he will do a lot of visits in advance, read the annual report of the company, etc., and fully understand the company and business managers before they can vote with confidence, instead of blindly pursuing hot companies. To have this kind of independent thinking and stable judgment, you can only do it by reading constantly.

Secondly, Buffett is keen on making money, but he is not keen on spending money and keeping up with the joneses. On the contrary, he is also very frugal. He also asks children to be frugal and not to give them a lot of pocket money. Children need money, not for free, but for business. Tell children to refuse to pay for bad consumption habits, distinguish between "needs" and "wants", and live within their own capabilities. Don't rely on credit cards, don't trust to borrow money to make money, that kind of investment is very risky.

Secondly, Buffett especially cherishes time. In his mind, time is more precious than money, because money can be borrowed and earned, but time can't. Make use of all your spare time to study. In investing, you know the meaning of time better. The so-called value investment means that you can do it, or you don't invest. If you want to invest in a stock, you plan not to sell it for ten years. The magic of compound interest is the role of time.