Hello, this is a very good question, and I would like to try my best to explain it. The word "leverage" has actually been demonized in the financial investment process. If used well, it will be a solid and fast way for ordinary people to rise. Here are some concentrated high-quality leverages that I think are better:
1. Self-media IP is an important lever
First, let me tell you a formula: our labor remuneration = unit price * number of turnovers. Self-media IP is actually an important lever that can ensure that we have enough turnovers. In the past, this lever was mostly controlled by some well-known people, such as writing books, etc. Now the threshold for writing books has actually been lowered. In fact, we can all choose the media that suits us to display our personal talents.
For example, we can write, make short videos, live broadcasts (with playback), etc., which can increase our marginal income, while the marginal cost is basically 0. My personal favorite thing here is writing, which is why I am a Zhihu answerer, so that I can help more people and make a better output of what I have learned and practiced.
2. Programming is an important lever
It has to be said that the Internet and mobile Internet have exploded for more than 10 years. In fact, the leverage of programming has always existed and there is a possibility of further expansion. For example, the emergence of ChatGPT4 now allows many people with zero or little programming foundation to quickly master some codes. The leverage that code can bring us is definitely not what you imagine. For example, the top hedge funds now often use quantitative models, such as the famous director Simons Wenxi Renaissance, TWO Sigma, Shikun, etc.
3. Investment compound interest is a lever
Compound interest on investment is the eighth wonder of the world. We may think that an annual income of 10%-20% is very average, but over the years, for example, Buffett has achieved a miracle of about 20% compound interest over more than 20 years.
4. Deep learning in professional fields is a lever
I don't know if you have experienced this, but the deeper you learn in a field, the greater the leverage effect. The top 20% of talents in each industry will earn more than 80% of the returns, which is also a typical 28 effect. And the Matthew effect becomes more obvious as time goes by. From my own experience, the more I invest, the more people come to me for investment advice, especially in the field of options. Follow me to learn more about options and investment knowledge.
In fact, in addition to professional knowledge, what is involved here is the deepening of cognition. There is nothing new under the sun, and ultimately we can only reap the wealth within the scope of our own cognition.
The above are some of my thoughts, I hope they are helpful to you.