There is a book that is particularly important. Fortunately, I have recently read this book, and I believe that each principle in this book is worth being taken out and written into a separate book for detailed discussion.

The book is called "As Always."

The author of this book is Morgan Housel, a columnist for The Wall Street Journal. He wrote this book based on his many years of work experience, mainly explaining 23 unchanging laws of the world in life. Understanding it can at least help us reduce future anxiety about uncertainty, thus making wise decisions.

What are these 23 unchanging laws of the world? I won't go into detail here. Interested friends can read this book, and it will bring you a very different inspiration.

Today, I especially want to pick out one law to talk about. I think it is also one of the key points of this book. This law is: Seek certainty and lower expectations.

There is a quote from the book:

People often ask what will change in the next ten years, but almost no one asks what will not change in the next ten years, but the latter is the more important question.

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The CEO of Amazon regards the latter as the most important. Bezos has made Amazon's business global, not so much because he understood the business model of cross-border e-commerce, but because he understood human nature and insight into the fragility of human nature, in order to avoid risks.

He and the founder of Pinduoduo have both grasped the fragility of human nature, knowing that what will not change in the future is that people will always be looking for low prices when shopping, there is no lower, only the lowest.

Seeking cheap prices is a certainty.What is certain in the field of investment and finance?

1. The national economy has always been developing upwards. Even though the economy has not been good in the past two years, in the long term, it is developing upwards. Those index funds that represent the national fortune, in the short term, appear to be falling, but when the time is extended, they are rising, and the increase is far higher than bank deposits.

2. The long-term compound interest effect: Compound interest is hailed as the eighth wonder of the world. Its certainty lies in the fact that as long as the time is long enough and a stable positive income growth is maintained, even a small investment can accumulate into a considerable fortune. By investing in regular fixed amounts (such as fund investment), purchasing dividend-paying insurance, or participating in long-term growth potential stock investments, investors can use the power of compound interest to anticipate a steady increase in wealth.

3. Economic cycles and market trends: Although the market is difficult to predict in the short term, the long-term economic cycles and market trends have relative predictability. By in-depth study of macroeconomic data, policy orientation, and industry development trends, investors can grasp some more certain investment opportunities. For example, during the economic growth period, increase investment in growth industries, and during the economic adjustment period, pay more attention to value investment and risk management.

So, finding or understanding the certainty of a field is the key to our ultimate results.

To survive in the current environment and live a happy life, in addition to understanding certainty, we also need to learn to lower expectations.

In any scenario, no matter what people do, their desires are always increasing, and the hope value is always the highest.

However, more does not necessarily mean better.The first law of happiness in life is actually to lower one's expectations. This principle, although seemingly simple, contains profound life philosophy and wisdom. It is like a key that can unlock the door to inner peace and satisfaction for us.

Firstly, we must recognize that in this world full of variables and challenges, excessive expectations often become the source of our mental burden.

Lowering expectations does not mean that we have to give up pursuing dreams and goals, but to learn to maintain a peaceful and grateful heart in the process of pursuit.

It teaches us to find a subtle balance between effort and result, allowing us to appreciate the scenery along the way and enjoy every gain and growth in the process while working hard.

More importantly, lowering expectations can make us cherish what we have in front of us even more.

Many times, happiness is not a distant dream to be realized, but is hidden in the bits and pieces of ordinary life.

The first law of happiness - lowering expectations, is a wise philosophy of life.

Lowering expectations is not only a philosophy in life, but also very important on the road of financial management.