Charlie Munger once summarized the essence of success — it's actually not that complicated.

First and foremost, you need to ensure that your expenses are less than your income. It sounds simple, but few people actually do it. Then, you must learn to invest wisely and avoid blindly following trends. At the same time, stay away from toxic people and harmful activities, as they will steal your time and capital.

Another key point — maintain a habit of lifelong learning. The market changes, and your understanding must evolve as well. Finally, do more things that require delayed gratification. Give up immediate pleasures to make room for long-term gains.

If you truly accomplish these, success is almost inevitable. Conversely, if you can't, then luck becomes your only hope. And luck, you can't rely on.