说到做投资，常常有人会说，都是聪明的人做投资做得好，智商不够高的人做投资，肯定是赔钱。 但是巴菲特却告诉我们；成功的投资并不需要太聪明，投资并不是高智商的游戏。只要遵循一定的投资 法则，克服人性的贪婪和恐惧，坚持价值投资，每个人都可能实现成功投资。 你要了解哪些事情是自己可以做到，哪些是无力做到的。这并不复杂，你不需要有很高的智商来进行投 资，但必须有情感的控制。很聪明的人有时候会做一些很愚蠢的事情，避免'自我摧毁'就好了。"这段 话听起来很简单，但是里面却隐藏着巴菲特成功的秘密，那么普通人又怎么才能在投资上取得成功呢？ 首先，要找到自己的能力圈，在能力圈内进行投资。巴菲特说过我们都要在自己能力圈内做投资，不去 投资自己看不懂、看不明白的公司，就像巴菲特当年始终没有投科技股，虽然错过了2000年互联网的新 浪潮，但也成功躲过了随后的互联网泡沫破裂。古人云："知人者智，自知者明"，就是这个道理。 其次，要学会控制自己的感情，不要让自己的情绪影响投资。股市的波动是难免的，当你看好一只股 票，就应该坚定持有，保持耐心，而不应该因为短期的波动而做出一时冲动的投资决策。有些人虽然很 聪明，但是可能控制情绪的能力很差，大 ...

Core Viewpoint - The article presents ten golden rules for survival in the stock market, emphasizing the importance of risk management, independent thinking, and long-term investment strategies [3][4][5][6]. Group 1: Investment Strategies - Avoid using leverage as it amplifies both gains and risks, leading to potential losses [3]. - Focus on understanding industry logic and long-term value rather than relying solely on intelligence or K-line charts [3][4]. - Stay away from penny stocks and companies with poor financial health, as they are likely to face significant downturns [3][4]. Group 2: Market Behavior - Independent thinking is crucial; following market trends or "hot stocks" often leads to losses [4]. - The stock market is likened to gambling, where long-term value investing is seen as a more favorable bet compared to short-term speculation [5][6]. - Recognize that even high-quality stocks can decline in value during bear markets, thus investors should buy low and hold rather than chase high prices [5][6]. Group 3: Investment Timing and Valuation - Emphasize the importance of understanding valuation, market sentiment, and the potential for price appreciation when making investment decisions [5][6]. - The article suggests that while predicting market timing is challenging, focusing on the potential for price movement (space) is more feasible than trying to predict speed or timing [6].