Yin|12月 24, 2025 14:22
The global business and capital markets are undergoing a shift. In the past, many small companies grew into giants—Google, Meta, Tencent, Alibaba, etc. Even if you bought their stocks a few years after they went public, you could still see returns of 10x, dozens of times, or even 100x. Now, it's the era of large corporations, the era of the strong getting stronger. Opportunities to grow from small to big are very rare now. Take AI, for example—it's entirely a game for the giants. The kind of 10x, 100x opportunities we saw in the crypto market in the past are almost gone.
This is the era of large corporations, the era of the strong getting stronger. Opportunities to grow from small to big are very rare now. Take AI, for example—it's entirely a game for the giants.
Even companies like OpenAI and SpaceX, which are not yet public, will have trillion-dollar valuations as soon as they go public. The process of gradually growing to a trillion-dollar valuation after going public no longer exists, making it hard for investors to achieve outsized returns.
The kind of 10x, 100x opportunities in the stock market and crypto market are now extremely rare. This is not a good era for ordinary investors.
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