Warren Buffett, the highest stock god in the 40 years of US inflation, sent “chicken soup for the soul”: the best investment is to invest in yourself

U.S. inflation hits record high1982The new high of the year, how to deal with it40The highest recorded inflation in years has become a problem for American investors and even ordinary people. Warren Buffett, the long-standing stock god for decades, has given a bowl“Chicken Soup for the Soul“– The best investment is to invest in yourself.

This week’s Berkshire shareholders meeting, the part that attracted the attention of global investors is the question and answer session between Buffett and his old partner Munger.1970In the 1990s, we also experienced similar inflation and suffered losses at the time, but later the investment portfolio was considered to be the best investment in my life. If I choose a stock to invest in now, which one should I choose?

Buffett said, “The answer I have to give may be more than one stock, I think the best thing you can do at the momentis to be really good at something – if you’re the best doctor in town, if you’re the best lawyer in town, if you’re the best(so-and-so occupation)…People will trade what they produce in exchange for what you can offer.“

“If you decide to do something, whether it’s singing, playing baseball, or being a lawyer, whatever it is, the ability you have is something that others can’t take away, and it’s impossible to lose it because of inflation. Others will make deals with you. , the trade is your ability, this is the best kind of investment.“

Buffett said,“So the best investment is to develop yourself, and you won’t be taxed to develop yourself. That’s what I recommend at this time. Any ability you have won’t be taken away.”

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