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How to Choose the Right Basket for Your Eggs By:pxf 1. Concentrated Investment for Small Asset Holders: For those with fewer assets, diversifying investments may not be the best strategy. They should focus their resources on a few promising investment opportunities to achieve higher returns. 2. Risk Diversification for Large Asset Holders: For those with more assets, diversifying investments helps to reduce the overall risk of failure in a single investment. 3. Investment Purpose: The main purpose of investment for ordinary people is to preserve value, that is, to outpace inflation, rather than immediately pursuing financial freedom. 4.Low Cost of Trial and Error: Even if small asset holders fail in their investments, they can recover quickly through work income, making them more suitable for a concentrated investment strategy. 5.Choosing Investment Strategy: Investors should choose an investment strategy that suits their own asset size and risk tolerance, rather than blindly following the principle of d
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Festinger's Law: This psychological concept states that 10% of life consists of events that happen to you, while the remaining 90% is determined by how you respond to those events. When something negative occurs, the key lies in your attitude and choices. You can choose to face it positively or respond negatively, and your attitude ultimately affects the course and outcome of the situation. When confronted with negativity, we need to actively adjust our mindset and be prepared to face challenges positively, as this is the best attitude.
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nice
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Where is this? The view is really beautiful
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How Should Ordinary People Respond When the Overall Environment is Not Good? By：pxf 1.Individual Initiative: Individuals can transcend environmental influences and become those who affect the environment. 2.Objectively Accept Reality: In the face of economic downturns, one should objectively accept the situation without creating anxiety. 3.Personal Success or Failure is Self-Determined: Personal success or failure should not be entirely attributed to the environment. 4.Limited Environmental Impact: The overall environment does not directly affect everyone. 5. True Ability Shines in Adversity: Success in adversity is a true reflection of one's capabilities. 6. Not Relying on Era's Favors: Distinguish between personal ability and the favors of the era. 7. Self-Improvement: Instead of complaining about the environment, one should introspect and improve. 8. Adapt to Change: Adapt to the changes of the times and update one's mindset and behavior.
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Set a price for your own time, and calculate the value of time using an hourly wage. If the value of the time saved by spending money is higher, then spend the money without hesitation. To really make money, you must first believe that you are worth a lot.
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Your life and state today are determined by who you were three years ago. Your life and state three years from now will be determined by who you are today.
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What has always been done may not necessarily be right. By：pxf 1. Most people lack independent thinking and often follow the crowd. 2. True thinking requires in-depth and objective analysis, not just conditioned reflexes based on experience. 3. Traditional notions such as "failure is the mother of success" may not always be correct and need to be questioned and reflected upon. 4. Success often builds upon existing success, forming a virtuous cycle. 5. It is essential to learn to think independently, think in reverse, break conventions, and not blindly accept "it has always been this way" without questioning.
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good
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Why Is Perseverance So Difficult? By：pxf Core ideas summarized: 1. Transform persistence into habit by reducing difficulty and making it natural. 2. Identify and overcome five types of procrastination: boredom, perfectionism, fear, deadline, and difficulty. 3. Apply six methods to combat procrastination: simplify tasks, leverage human nature, break down tasks, record progress, categorize tasks, and focus on priorities. 4. Use three techniques to foster habituation: make commitments, break down big tasks, and ask "Will it kill me?" to overcome difficulties. 5. Accept and utilize human weaknesses rather than directly overcoming them to form habits instead of just persisting.
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