Category: Reading Notes

You must think that XX is really expensive to you, otherwise you wouldn't show it off.

If it allows you to command other people’s time and behavior, then it is wealth.

If it cannot help you command anyone’s time, and its very existence consumes your time and dictates your life, then it is a liability.

Wealth is essentially a form of power—the power to appropriate the time of others.

Even algorithm-driven feeds don’t reach everyone instantly—they’re amplified layer by layer, paraphrased and reshared until the loudest voices dominate the market.

So every retail investor sees something different, a distorted, third- or fourth-hand version of reality.

Every trade happens because two parties disagree on direction—that’s what creates the distinction between the gullible and the exploiters.

What's missing is matching: rich people have money but no demand, while poor people have demand but no money, so they need to work. The better we match these two sides, the more it benefits the economy.

It’s not about how hard he works, but about what kind of loss it would cause if he’s not promoted.