Be sure to read 'Richer, wiser, and happier' in 2026. As its name suggests, reading it will definitely make you richer, wiser, and happier! This is one of the best investment books praised by Munger and has long dominated the Amazon bestseller list! It not only teaches you how to make the right investment decisions, but also advocates the core belief of "making wealth serve life". It is a classic work that spans investment and life. It is not only a collection of wealth techniques from 40 masters, but also a guide to life wisdom for ordinary people. By understanding it, you will understand that becoming richer is the result, and being wiser and happier is the ultimate answer to life. For example, the book introduces an Indian investor named Paboli who bought Buffett's lunch with his friends for $650000 in 2008. During the short 3-hour meeting with Buffett, I obtained his true biography and embarked on the pinnacle of my life 1. Internal Integral Card: The Ultimate Criterion for Success During lunch, Buffett taught him that top investors must follow an 'internal scorecard', where the standards for evaluating oneself come from within, not from external perspectives. This allows Paboli to maintain a pathological calmness when facing extreme market panic (such as the current panic index of 29). 2. Learn to say 'no': a core habit of extremely successful individuals Buffett showed off his almost blank schedule book: "The difference between successful people and extremely successful people is that the latter almost says' no 'to everything. He explained: Leaving blank space is not laziness, but preserving thinking space for "high-value decisions" 99% of investment opportunities are traps, and 'not making decisions' is more important than' making wrong decisions' Paboli transformed this into the "exclusion items" of the "silly list": for those who do not understand, have leverage, and have uncontrollable risks, they will all say no 3. Three taboos: the "safety barrier" of investment Buffett used the tragic story of Rick Greene (using leverage to buy Berkshire Hathaway in 1973-74, forced to sell 40000 shares for $40 during the crash, valued at over $2 billion in 2008) to reiterate three iron rules: not short, not leverage, and not investing without understanding. Without doing these, one can avoid making too many catastrophic mistakes, and under the effect of compound interest, one can become very wealthy 4. The "patience lesson" of compound interest: the art of watching paint dry Buffett once said, "No one wants to get rich slowly, but that's the only way to get rich. He used the example of Berkshire Hathaway's 50 year compound annual growth rate of 20% to emphasize: The magic of compound interest in the 'long term' (Buffett acquires 99% of his wealth after the age of 50) Frequent trading is the enemy of compound interest, 'buy and forget' is the right path Paboli later included "holding period of 10 years+" as an investment principle and held a certain pharmaceutical stock for 10 years without wavering 5. Always live within your means and spend less money than you earn When eating steak, potato pancakes, and drinking cherry cola, Buffett said, "If you are a slightly above average investor and you spend less money than you earn, then you will definitely become very wealthy in your lifetime PS: The author of this book, William Green, is a senior financial journalist and writer. He has written for mainstream media such as Time, Fortune, Forbes, and The New Yorker, and has interviewed over 40 top stock investment masters including Charlie Munger, Howard Marks, Nick Slipp, and Pabley during his 25 year career.