Saw a coffee truck by the beach.
Went over, bought a coffee ☕️ and chatted for a bit.
Asked how business was doing.
The owner said this year's business is far worse than usual.
I said there are quite a few cars parked here...
He said most people are budget travelers these days and don't spend much; the hotel next door is also struggling...
The economy really seems to be in a downturn 🤔
Cleared the long call on $Alphabet - C(GOOG.US)
Only left with the stock and sell put
Not investment advice!
I thought the Hong Kong market was closed today 😂
Happy National Day, bros!
Roadster has been delayed to October 15th, what a move
Bought some more KO last night
Will hold off on the remaining cash for now 🤔
Not investment advice!
I've been reading 'Principles' recently, highly recommended!
1. How is money created?
2. Why do countries borrow debt?
3. How does debt flow?
4. How is wealth transferred between nations?
5. Identified the laws of large and small cycles through the development changes of major powers over the past 500 years.
Still haven't finished, need to savor it slowly 🤔
Happy Mid-Autumn Festival, bros!
Midterm elections
Volatility is inevitable 🤔
So I'm taking profits on my long calls.
Not investment advice!
No great opportunities right now.
The strategy is:
Sell long calls in tranches when prices are high.
The cash-collecting 💰 mode is also pretty good 😂
If you have too much cash, you can bottom-fish defensive stocks at lower levels 🤔
Not investment advice!
Dare not breastfeed now
As soon as I do, something happens 😂
$XTALPI(02228.HK) Thanks, boss. It's really rallying now 👍
The book "Qiao Family Business Wisdom" is worth a read.
They say wealth brings desires, but the Qiao family managed this exceptionally well—they truly had their system down:
1. Rules come first: The Qiao family didn't rely on descendants' self-discipline but on strict institutional rules. Violations resulted in immediate loss of inheritance rights or expulsion from the home.
2. Leaders lead by example: Qiao Zhiyong, a key figure in the family, strictly adhered to family rules even at the peak of his wealth—taking no concubines and avoiding extravagance, setting a high moral benchmark for future generations.
3. A family culture of "cultivating virtue through business": The Qiao family viewed wealth as a "social responsibility" rather than a tool for pleasure. During famines, they opened granaries to distribute grain, channeling excess resources into altruistic charity.
A bit unaccustomed to working on the weekend 😂
Breakfast made by the boss👍
Not much good reading material lately 🤔
Got up and took a look
Not much opportunity here 😂
Don't fear prematurely.
And don't be anxious prematurely.
If you can handle it, why rush?
If you can't handle it, why worry?
Allow everything to happen 🤔
Everyone's waiting for the other shoe to drop 😂
Eat when you should
Sleep when you should
It's a new day!
Received the dividend for $Alphabet - C(GOOG.US) today
Not much, but it's still a gain 😂
Save like a pessimist, invest like an optimist 🤔
$Tesla(TSLA.US) catalysts
one after another
High probability that Long calls can yield some profit
Opportunities come every year, though 🤔
Not investment advice!
My signature dish is tomato beef brisket stew.
Getting this ready for the young master 😂
Highly recommend the book 'The Richest Man in Babylon'!
This is financial wisdom summarized by people thousands of years ago.
It remains timeless to this day.
It teaches us how to accumulate wealth step by step, making money work for you.
A true summary of wisdom, well worth a read.
Breakfast made by my partner at home ☺️
I generally don't pay much attention to other factors when trading.
I only care about whether this asset is cheap.
When will these rate hikes, bubbles 🫧, and all the noise finally go away? 🤔
