---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41543431.md"
description: "At twenty, clad in fine attire and riding spirited horses, one's heart soars higher than the sky.At thirty, having weathered ups and downs, one finally understands that each person has their own destiny.$Berkshire Hathaway B(BRK.B.US) Today, Buffett's stock finally played its defensive role. The Nasdaq fell -2.6%, Nvidia and TSMC both dropped around -5%, Google -0.32%, Apple +0.6%.$Alphabet - C(GOOG.US)$Apple(AAPL.US)The non-farm payrolls were too strong, significantly raising market expectations for a rate hike. Digital currencies, gold, and silver are all falling.SpaceX is going public next week on the 12th. The Nasdaq has been rising for many consecutive days, and smart money is taking profits at highs. This behemoth is likely to drain a lot of liquidity from the market.It feels like Fridays generally see more declines than gains. Trump likes to stir things up on weekends, but this decline was a bit steep, prompting more commentary.There are 2.11 million households in China with assets over 10 million yuan, with Guangzhou, Beijing, and Shanghai accounting for 41%. It's true that the more developed a place is, the more resources concentrate there, just as the rich get richer. We still need to work hard. Achieving financial freedom is never a smooth, obstacle-free path in a day. It has bumps, troughs, waves, and high slopes. Endure the high-level hardships, cultivate yourself deeply, focus on what you love and enjoy, and turn yourself into a scarce asset. The essence of wealth is the realization of your cognition. 🌹🚀"
datetime: "2026-06-05T16:22:21.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41543431.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41543431.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41543431.md)
author: "[小R老板](https://longbridge.com/en/profiles/20878866.md)"
---

# At twenty, clad in fine attire and riding spirited…


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