Charlie Munger said:



If he has nothing, he wouldn't start by investing in the stock market.
He would first use the "clumsy method" to accumulate capital.

Charlie Munger's statement, “If he has nothing, he wouldn't start by investing in the stock market,” hits the pain point of many people eager for quick success.

When starting from zero, capital, cognition, and risk resistance are all blank; rushing into the stock market is just leaving your fate to luck.

Munger's favored "clumsy method" is not foolish persistence, but steady and grounded accumulation:

Refining skills through day-by-day effort, steadily building the first pot of gold through practical work, and cultivating control over wealth through incremental deposits.

The stock market has never been a shortcut for the poor to turn their fortunes around, but a arena for cognition to be realized.

First, build a solid foundation with the clumsy method, then have the confidence to securely seize opportunities when they come.
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