People are becoming more tense and anxious nowadays.
Everyone says the overall environment is bad, there's no development, only involution. Did Du Yuesheng start his career when the environment was good? Li Ka-shing's real estate was built when everyone was fleeing Hong Kong. Jack Ma's Taobao took off because of SARS. Only when the tide recedes can you see who is swimming naked. When the market is good, everything looks good. If everyone is given a Ferrari, can you still use a Ferrari to pick up girls? Back in 30 years ago, owning a small motorcycle made you the coolest kid on the block. The overall environment is like the weather. A girl wants to get married, and the sky will rain; what can you do? Moreover, there is a bigger force behind it called the cycle. What is a cycle? It’s like the climate—you are even less able to control it. The only thing we can do is carry an umbrella when it rains and wear a straw hat when it’s sunny. If winter comes, don’t go out; prepare firewood and winter supplies. Don’t go out and complain: “If I don’t go out to find food, I won’t starve, right?” Does that sound like when the overall market is poor and the economy is in recession? Someone might say: “I won’t invest because I won’t make money.” Heaven and earth are unkind, treating all things as straw dogs. Heaven doesn’t care if you freeze to death, and it doesn’t care if you are in debt. If you say these things, it’s like heaven is your dad—that’s not right. We can only go with the flow of the seasons. It’s very important to understand the macro environment and trends. But this is also very counter-human because it’s too abstract. How to see it? Learn to surf the internet wisely; watching too many videos domestically can make you stupid, you’ll lose basic judgment skills. You need to listen to multiple opinions and sources of information. But you might become more anxious the more you watch. Still, it’s better than plugging your ears and ringing the bell. No matter how bad the environment is, there are solutions. But self-deception is not one. Deceiving yourself—what can you do? No solution. So, what should we do now under the current situation? What can we do? What can we invest in? If you are on a giant ship that is slowly sinking, what do you think you can do? What can you invest in? First, you need to put on your life jacket. Just like the flight attendant says every time you fly: put on your oxygen mask first before helping others. After putting on your life jacket, you either find a way to get off the ship or switch to another one. At least, you should get some other tickets, right? Otherwise, when you really need to escape, there will be no boat for you. And then, keep a lifeboat ready—what is a lifeboat? Insurance. But don’t tie your lifeboat to this sinking ship. You need to buy a lifeboat that hangs on another ship. You understand what I’m saying? Don’t buy insurance domestically. So, what can you do? Sell life jackets, sell lifeboats. I really suggest that now is a good time to do immigration and insurance businesses. No need to doubt—just reason logically. The trend is downward; you can’t do things based on growth assumptions. On a sinking giant ship, what kind of store or company are you trying to open? Even if you start a live stream, the captain won’t let you broadcast the fact that the ship is sinking silently. I don’t want to deceive people, but this ship doesn’t allow the truth to be told. What to do? We cannot indulge in "mediocre evil." We use this as an excuse to collude with the flow.
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People are becoming more tense and anxious nowadays.
Everyone says the overall environment is bad,
there's no development, only involution.
Did Du Yuesheng start his career when the environment was good?
Li Ka-shing's real estate was built when everyone was fleeing Hong Kong.
Jack Ma's Taobao took off because of SARS.
Only when the tide recedes can you see who is swimming naked.
When the market is good, everything looks good.
If everyone is given a Ferrari, can you still use a Ferrari to pick up girls?
Back in 30 years ago, owning a small motorcycle made you the coolest kid on the block.
The overall environment is like the weather.
A girl wants to get married, and the sky will rain; what can you do?
Moreover, there is a bigger force behind it called the cycle.
What is a cycle? It’s like the climate—you are even less able to control it.
The only thing we can do is carry an umbrella when it rains and wear a straw hat when it’s sunny.
If winter comes, don’t go out; prepare firewood and winter supplies.
Don’t go out and complain: “If I don’t go out to find food, I won’t starve, right?”
Does that sound like when the overall market is poor and the economy is in recession?
Someone might say: “I won’t invest because I won’t make money.”
Heaven and earth are unkind, treating all things as straw dogs.
Heaven doesn’t care if you freeze to death,
and it doesn’t care if you are in debt.
If you say these things, it’s like heaven is your dad—that’s not right.
We can only go with the flow of the seasons.
It’s very important to understand the macro environment and trends.
But this is also very counter-human because it’s too abstract.
How to see it? Learn to surf the internet wisely; watching too many videos domestically can make you stupid,
you’ll lose basic judgment skills.
You need to listen to multiple opinions and sources of information.
But you might become more anxious the more you watch.
Still, it’s better than plugging your ears and ringing the bell.
No matter how bad the environment is, there are solutions.
But self-deception is not one.
Deceiving yourself—what can you do? No solution.
So, what should we do now under the current situation?
What can we do? What can we invest in?
If you are on a giant ship that is slowly sinking,
what do you think you can do? What can you invest in?
First, you need to put on your life jacket.
Just like the flight attendant says every time you fly: put on your oxygen mask first before helping others.
After putting on your life jacket, you either find a way to get off the ship or switch to another one.
At least, you should get some other tickets, right? Otherwise, when you really need to escape, there will be no boat for you.
And then, keep a lifeboat ready—what is a lifeboat? Insurance.
But don’t tie your lifeboat to this sinking ship.
You need to buy a lifeboat that hangs on another ship.
You understand what I’m saying?
Don’t buy insurance domestically.
So, what can you do?
Sell life jackets, sell lifeboats.
I really suggest that now is a good time to do immigration and insurance businesses.
No need to doubt—just reason logically.
The trend is downward; you can’t do things based on growth assumptions.
On a sinking giant ship, what kind of store or company are you trying to open?
Even if you start a live stream, the captain won’t let you broadcast the fact that the ship is sinking silently.
I don’t want to deceive people, but this ship doesn’t allow the truth to be told.
What to do?
We cannot indulge in "mediocre evil."
We use this as an excuse to collude with the flow.