Tonight is Christmas Eve in the Western tradition — let me wish you a happy holiday in advance. But rather than simply wishing everyone peace and safety, I thought I’d do something more useful and talk about two topics directly related to “keeping safe.”
This article is divided into two parts. The first covers how to protect your own interests before the big gambling game shows its true face. The second is about protecting yourself on life’s road — inspired by the recent situation involving Master Wu.
Master Chi has long referred to our stock market as the “big gambling game.” Beyond its speculative nature, it shares many specific characteristics with actual gambling — including what I’d call “table energy.”
If you’ve ever played cards late into the night, you’ve experienced this: things are going along fine, then suddenly someone says they have to leave. And just like that, everyone else starts feeling restless, the mood deflates, and the whole table breaks up.
This dynamic applies perfectly to our big gambling game. That’s why I’ve been reminding those around me lately: if you’re still active in China’s A-share market, you absolutely must pay close attention to US stocks and the leading baijiu stock during this period. If either of them suddenly suffers a major collapse in value, you need to get out fast — cut and run immediately, then watch from the sidelines at a safe distance, wait for the danger to pass, and look for a re-entry opportunity later. Don’t harbor any illusions that you might somehow be the exception.
Why? US stocks and the leading baijiu stock are, in a sense, the players at this big gambling table with the most “table energy.” As long as they’re still seated, the game won’t descend into chaos and nobody will feel like leaving.
But if they push back their chairs and storm off — visibly unhappy — you need to get cautious immediately. Because when they leave, they will pull an entire crowd of other big-money players with them. No question about it.
What follows will be a tsunami, a landslide — a total rout.
If you’re not following this logic, let me share a key piece of knowledge that most ordinary investors simply don’t have.
Have you ever actually thought about this: when a market crashes, who is behind all those massive sell-offs and dumps?
The answer is simple. Not retail investors. Not those so-called “folk stock gurus” you see bragging in WeChat moments and group chats. It’s the institutional and private money managers sitting on enormous capital positions — both the visible ones and the hidden ones.
And the reason they make these moves? Purely because they sense that “someone nearby has left the table.”
In the big gambling game, switching tables is perfectly normal. But leaving the table entirely — especially when a heavyweight does it — only ever signals one of two things: either the game has become too risky, or the returns aren’t there anymore.
That’s why, when one major player of equivalent standing walks away, the other heavyweights will “at minimum follow them out to observe.” And when heavyweights make even the smallest move, it sets off massive waves and resonance — triggering stampedes and panic.
Thoughts become actions. Individual moves become a surge. That is the logic behind a panic crash.
You might say they’re all just gun-shy — the bigger they get, the more timid. But their caution is entirely justified. When the day comes that you’re managing positions worth a billion or tens of billions, your sensitivity will only be sharper than theirs.
As for US stocks right now — they’re in a very awkward position. You say they’re doing well? Yes, absolutely — new highs. Even Master Chi himself has been making very comfortable returns.
But can I tell you how much longer they’ll hold before crashing? Honestly, no. What I can point to are the facts sitting right in front of us: a change of administration is imminent, a new team from a different faction is about to take power; the overall environment in America isn’t particularly healthy, especially with a variant of their major illness appearing ready to resurge; new highs have been touched, and so have new highs for several of this era’s leading stocks.
All of this signals that some major players in the US market are beginning to feel they’ve made enough and are preparing to step back and watch from the sidelines.
The same logic applies to the current state of the leading baijiu stock: it recently touched unprecedented new highs; it has been on a seemingly unstoppable run with barely any truly devastating corrections; it has become almost the reference index for the broader market.
I’m not laying out these points because Master Chi hopes to see that flagship broken — on the contrary, I sincerely hope it continues to thrive and stand strong for years to come. Because when it does well, I do well. When everyone does well, that’s genuinely good for all of us.
But the question is: is there such a thing as a feast that never ends, or a golden body that can never be defeated?
This brings me back to a point I’ve shared before: why do manipulated stocks so often have terrifying declines? Precisely because there were no meaningful corrections along the way, so everyone is sitting on 300% or even 500% gains.
The moment the wind shifts, every single holder has the survival instinct to cut off the arm and dump — because 270% or 450% is still a beautiful return. Get out first, ask questions later.
Now look at the leading baijiu stock through that same lens. I once asked a top-tier lone wolf trader: what would you do if the leader ever pulled back hard? Without a moment’s hesitation, he said: “I’d wait for it to hit the daily limit-down and open back up before exiting — I’d still be more than comfortable.”
But here’s what you cannot overlook: the core positions in the leading baijiu stock are held by many institutions and major funds. If they ever decide they want to leave the table…
I’ll leave it at that. I hope this serves as a warning bell — a reminder to stay alert. Truly — the reason lambs get slaughtered is that in their eyes, every warning is just fear-mongering.
Speaking of which, let me also address the other significant matter today: Master Wu’s predicament.
Master Wu’s problem actually connects directly to a point I made in my last article: some things you simply cannot touch, no matter how capable you think you are — ordinary people’s savings, and ordinary people themselves. And that’s exactly the line he crossed.
Really — isn’t being a wealthy, successful person enough? Why play the role of a corrupt exploitative landlord (like Huang Shiren from the classic opera The White-Haired Girl)? What were you thinking?
Countless experiences and historical examples have confirmed one thing: among the general public, a significant portion exhibit a complete lack of financial judgment — beyond anything you can imagine. These are people who will mindlessly borrow every penny they can access and feel entirely entitled to do so.
These same people also tend to be exactly the type who “won’t make anything of their lives.” The result? They genuinely end up as lifetime debt slaves — lambs shorn completely bare. Is that really a game you or I should be playing?
On top of that, Master Wu’s other extremely dangerous move was being far, far too publicly visible over the past several years — constantly appearing in public, constantly networking and broadcasting himself. This gives many people a very uncomfortable feeling: what is this about? Do you think that knowing a lot of people and having a loud voice means you can do whatever you want? Once that impression starts to form, suspicion and defensiveness take root — and trouble follows.
That’s why I often advise friends around me who have already achieved real success: fame is not something to pursue blindly or build for sheer spectacle — there is no value in that. If you want to grow truly large, the only reputation worth cultivating is a solid track record within your own domain and circle. Beyond that, a tall tree catches the wind, and a big name invites envy.
This is especially true for those of you whose fortune cycles are currently running hot.
Remember this above all: in this world, outside of your closest family, almost no one truly wishes you well. The reason people flatter and fawn over you is that they are after something you have.
The greatest wisdom in life is to quietly get the money made and the work done. Become the central figure and heavyweight within your own small circle — and then keep ascending. Do you remember that famous phrase?
Keep silence and make big money.
I believe that classic line is the best definition of what it truly means to stay safe.