The following represents personal opinions only and does not constitute any operational advice.
1 — A week ago, I had been warning about risks every single day for several consecutive days. Because even though I can’t pinpoint exactly which day a sharp drop will come, I do have a reasonable sense of the general picture.
2 — So after repeatedly flagging the risks on August 26th, I wrote in my community’s internal posts: what follows will be several solid rounds of market shakeouts — on one hand, flushing out those who chased the top and the greedy speculators playing with fire; on the other hand, continuing to let the real core players accumulate positions at reasonable levels.
3 — During this period, quite a few brothers and sisters who recently started following me have been glued to me asking: what happens next, and how should I read this?
Let me answer one more time: if a person can’t even roughly gauge the market’s intent and direction, they genuinely have no business participating in this game. Don’t expect the same mind that can barely figure out how to get through a regular workday to pick good fruit in this dark jungle.
That said, spending even a small amount of effort and time to pay attention and learn — that is worthwhile. Because you can see, with crystal clarity and in stark nakedness, human nature itself. And how the market seduces that human nature to complete its positioning.
4 — Less fussing, less trouble-making. The survival rate for speculation is forever slim. Long-term ownership of great companies — that is the enduring path to lasting wealth.
There will be more turbulence ahead. Watch carefully — several things will take turns on stage.
When a bull move comes, a crowd of people will appear claiming this is a once-in-a-millennium opportunity.
When a bear phase comes, another crowd of people will appear insisting this is a catastrophe of extreme peril.
5 — My logic is simple.
High moats, strong industry barriers — technology, computing power, electricity, new energy, healthcare — these types of companies always belong to a future worth believing in.
If they also carry solid earnings and trustworthy management, then they’re good.
Simply put: owning a piece of companies like these and letting them earn money for you will always be far safer than speculation.
6 — Rather than letting yourself be pulled around by every emotion and every opinion, better to settle early into a life trajectory of steady accumulation and calm, grounded growth.