[Duan Yongping’s list of things not to do]

1. Don’t go short. --Avoid false zeroing mode.

2. Don’t borrow money. --Avoid false zeroing mode.

3. Don’t do things you don’t understand. ——Invest within your circle of competence.

4. Don’t take shortcuts. ——The shortcut is usually the hardest and longest way.

5. Don’t blindly expand your circle of competence. ——The most common mistake investors make.

6. Infrequent decision-making. - The more decisions you make, the more opportunities you make to make mistakes.

7. Do not engage in short-term speculation. ——If you can make a lot of money in the short term, there will be nothing wrong with Buffett.

8. Companies with (interest) liabilities are less willing to take heavy positions. ——Travel lightly.

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