---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40193009.md"
description: "Only investors who can wake up after more than two years will be the long-term winners in the future.There are only two types of people who can make stable money over the long term:• Those with unlimited external cash flow, who can buy the dip across cycles and stubbornly hold through valuation slumps;• Those who thoroughly understand cycles, stay in cash most of the time, and only strike when valuations have been thoroughly crushed and a clear major trend emerges, making only a few trades a year.The remaining 80% to 90%,regardless of education, technical skills, insider information, or institutional titles,over the long run, are all slowly harvested by the market."
datetime: "2026-04-24T17:07:31.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40193009.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40193009.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40193009.md)
author: "[神眸](https://longbridge.com/en/profiles/14712864.md)"
---

# Only investors who can wake up after more than two…


## Comments (1)

- **神眸 · 2026-04-24T17:07:52.000Z**: Duan Yongping is right, in the long run, most people are gambling.