In the end, everything becomes a cost.
Everything ultimately comes down to supply, demand, and risk-reward ratio.
Everything ultimately comes down to supply, demand, and risk-reward ratio.
Do things within your reach, and play your hand along the direction with the highest expected value.
Your cards only determine your lane; they don't affect your focus or your speed within that lane.
As long as you stay focused—like a mad dog running on nuclear power—and follow one rule: always bet on the option with the highest expected value. Keep doing that, for decades on end, and you'll absolutely achieve the maximum destiny deserves.
Option A: A 100% chance to win 100 RMB, expected value is 100.
Option B: A 1% chance to win 20,000 RMB, expected value is 200.
Choose B, not A.
Life is a long series of bets. You’ve got to find a way to improve your long-term win rate, and the only way to do that is to always place your bets on the highest expected value.
To break through to the top, the most important thing is to be trustworthy, followed by having your own resources, and finally, having practical experience.