In my eyes, the market is actually a reflection of people's differing judgments about the future. Some people's future is only the next day or two, so short-term trading might suit them. Others think in terms of decades, so value investing is also a viable option. Greed is the original sin; making or losing money is just the result of your understanding of the financial markets. But remember, money is always a means, not an end. The process of finding your inner self is the process of your investment growth. Copying others might make you rich, or it might leave you even poorer. Finding a strategy that suits you is what matters, as I always say—no one is a god who's always right. So your growth isn't just about the financial markets; you can find your path in other ventures too.

Longbridge - 奇迹的交易员cola
奇迹的交易员cola

The market is a second-order chaotic system with countless complex small rules inside; and how to formulate your own rules is personal. How to formulate the criteria for judging a company requires even more detailed and separate research.

​If anyone tells you that there is a universal rule that can judge all companies, and this rule can make you rich forever, then you can basically conclude that they are a scammer.

In terms of personal rules, copying homework—if the other party is a billionaire and you may only have a few hundred thousand in disposable funds—your rules are completely different and cannot be the same, because the same action will make them a fortune while you will suffer heavy losses.

​For company rules, some may be seasoned industry insiders with unique judgments and higher risk tolerance, while others may not have enough understanding of the industry. To put it bluntly, they lack conviction, can't hold on, and easily flip-flop, eventually getting harvested. These rules are again different, as the criteria for judging a company depend on individual cognition.

​Under the above circumstances, there is no universal wealth code. Trading, to put it plainly, is about divergence—more specifically, divergence in cognition.

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