A lot of the underlying logic of investing can be applied to real-world businesses, because the fundamentals are interconnected.



“How to avoid making big mistakes.”
It's normal for young people to make small mistakes, but you must be extremely cautious about big mistakes, because once you fall into a deep pit, it takes a long time to climb out. Try to learn from others’ experiences and the price they've paid, rather than paying a huge price yourself.
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