#数字资产市场洞察 "The 'Old Fox' Rule in Investment Games"

Steve Jobs' phrase "stay hungry" sounds invigorating. However, Warren Buffett and Charlie Munger say: maintain a calm mind. The two statements are at odds.

Entrepreneurs need a sense of hunger, eyes blazing with fire, and their desires fully charged to push forward. But investors? On the contrary—they need to be as calm as an ice cellar, staying as far away from FOMO and FUD as possible.

An investor who keeps shouting "I want to stay hungry" is not far from being cut off. Acting rashly will leave them with nothing in the end. An entrepreneur who boasts "I have a calm mind, I don't compete or fight" is even more absurd— isn't that just a form of suicide? What’s lacking is that wolf-like spirit.

Upon careful consideration, the level of Buffett and his group is indeed a notch higher. Jobs had too short a lifespan and was constantly depleting himself in his approach. But what about the truly top-notch investment veterans? They would rather limit their serious investment projects to no more than twenty over a lifetime, in order to maintain that "hands-off" patience.

Peter Lynch invested too much, to the point where his hair turned white—this is considered a cautionary tale among top investors. That kind of strategy of casting a wide net and frequent trading is simply not respectable.

The market fluctuations of $BTC also follow this rule: the most profitable are never those who trade every day.