I will tell you in a single line.
Be ready to take advantage of the opportunities to succeed.
Here is a story from Charlie Munger on how to Succeed.
The combination of patience and opportunism is important.
Charlie had a great-grandfather who had a great influence on his life. This man was one of Charlie’s only ancestors who became rich.
He toldCharlie that you have to be ready to take advantage of opportunities to succeed. This is what they do at BRK. They are always ready.
You do not want to be timid when great opportunities arise.
It is kind of like how most marriages don’t work and you may have only one chance to marry the right person.