Wealth Is Temporary, People Endure

Money doesn't change, but people do. It's rare enough to last a lifetime, let alone endure for three generations. As long as someone more ambitious exists, they'll find ways to dilute your wealth through one story after another.

Toll roads on the path everyone else wants to walk.

Why did Beike go public? Why did both Alibaba and Tencent invest in Beike?
Simple: whether you’re buying or selling, Beike makes money.
It’s like going to a temple—the monk asks if you believe.
If you believe, he collects your donation. If you don’t, you pay the parking fee and leave—the parking lot is still owned by the temple.

Most People in Government Aren’t Worth Remembering

Because most people can neither help you succeed nor undermine your efforts. After getting their footing, most people’s work is repetitive—sometimes the entire department just repeats a single process. The real power lies with those who have the discretion to make decisions, the ones who call the shots.

Do You Buy Stocks for Capital Gains or to Be a Shareholder?

Do you buy stocks just to pocket the difference, or are you actually trying to become a shareholder?
They say, “You end up as a landlord when you buy a house, and a shareholder when you buy stocks”—and that’s an insult.
Every position opened must eventually be closed; every investment must be cashed out; every entry demands an exit; and every promise is ultimately redeemed.

Tencent Fakes Layoffs

According to the article, Tencent isn’t actually laying people off; it’s reorganizing its workforce. After several roun…
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Hard Skills vs Soft Skills in the Workplace

Hard skills: Products wouldn’t exist without you, orders would dry up, and business wouldn’t move forward.

Soft skills: Building a deep reservoir of shared context with key leaders so they can rely on you smoothly and trust you.

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