・The reason why the lead of cleaning staff in the finance world can produce results that are comparable to the top elite Huskon; 1) since economic results are largely influenced by “luck” unrelated to homecoming or effort, 2) economic success cannot be obtained with hard science (physics or mathematics). Financial success is a soft skills issue where how you behave is more important than knowing something (p9)
・This is because no matter how much you study, no matter how much you expand your imagination, you cannot experience the same fear/anxiety as someone who experienced it firsthand, and it is so difficult to understand that your behavior changes if you don't actually experience the event and feel its effects with your skin (p27)
・The same forces of chance can work in the opposite direction at the same magnitude, there is a reality where life is influenced by large forces beyond individual effort, and the essence of luck and risk are very similar, so in order to believe in the power of either one, the other must be respected in the same way (p45)
・I hope to achieve success with my own strength, but I need to know that not all success is due to effort, and that not all poverty is due to laziness (p55)
・There is no end to comparing income with others, and as long as comparisons are made, no one can reach the top. This is a battle you can never win, and the only way to win is not to fight in the beginning (p69)
・The cause of the Earth's surface being covered with hot ice was not a freezing cold winter, but rather the arrival of a slightly cool summer. As the Earth's axis tilts, summer becomes slightly cooler, and it starts when the temperature does not rise enough to melt the winter snow of the previous year; if ice remains, snow tends to accumulate the next winter; as this cycle continues for hundreds of years, it grows into a huge ice sheet that covers the continent (p77)
・The secret of Warren Buffett's financial success is that he built an economic foundation when he was young and continued to invest over a long period of time; Buffett's investment technology is excellent, but the biggest factor of success was “time,” and this is the power of compound interest (p79) Many people spend years elucidating how Buffett was able to achieve an astonishing return on investment and how he saw through worthwhile companies and excellent managers, etc. But the important thing is to make it clear what Buffett didn't do. Enthusiastic about investing, didn't borrow too much, experienced 14 recessions, but panicked and didn't sell (p95)
・Good investments do not necessarily yield huge returns, huge returns are usually one-time and can never be obtained again, good investments are about continuing to obtain reasonable returns over and over again, and at that time, compound interest exerts its greatest power (p84)
・In most cases, what you do today isn't that important when it comes to investing; what makes a big difference is decisions made when people around you do strange things or when they rarely visit (p114)
・Being able to live a life “when you like, with the people you like, and what you can do” makes people happier than no matter how high a salary is, no matter how big a house is, and no matter how much status a job has (p127)
・What they really want is respect and admiration from others, and they think they can get it if they wear something expensive, but they are never respected by people even if they wear luxury goods, especially people who want to be respected (p141)
・When it comes to investing, it's important to not forget how long you plan to invest and not be misled by the words and actions of others playing other games (p252)
・What I rely on in my investments is high savings rates, patience, and optimism that the global economy will continue to grow over the next few decades. The first two in particular are things you can control yourself (p317)
