Dajia Picks

As you reach different positions, your understanding shifts accordingly—invest in what you truly understand.

If you've gone further than anyone else in a particular field, that's what you know—your base. When you stay within your base, you win no matter how you fight. That's what it means to understand something.

That little bit you know is your core—and from there, the snowball of your life can start rolling. A snowball needs a core to roll; without one, it just rolls away and disappears.

The top performers in almost every area of life are basically wolves.

To discover the inherent value of things, and based on that, be greedy when others are fearful. No asset can stay far detached from its true value indefinitely. And based on that, be fearful when others are greedy.

What you understand isn't the key—it's how deeply you understand it that matters.[

What can netizens understand? I listened to an older guy, and following his advice is always right because wealthy people never make mistakes.

As long as you keep moving forward, you'll eventually figure out what you want. But if you're old and still don't know what you want, there's only one explanation: you've never actually left where you started.

In that case, you don't need to think about what you want either—because you've already found the answer. The ground you're standing on right now is what you want. Otherwise, how could you have stayed put, unwavering, for decades?

Everything in the world has a price tag. Discussing whether something is good or bad without a price attached isn't investing — it's consuming.