Well written, truly deserving of being the boss of Rhythm. However, there are too many schools of investment philosophy in the world, and many of them are even mutually exclusive. You can indeed understand from Duan Yongping that 'there is no need to' see it all at once '; But conversely, Buffett also said, 'If you're not willing to own a stock for ten years, don't think about owning it for ten minutes.'. There is even an Indian Warren Buffett Rakesh who is somewhere in between, whose philosophy is that one should be a chameleon. Capture both short-term and long-term opportunities 。 Is it China's Warren Buffett who is powerful, India's Warren Buffett who is powerful, or the authentic American Warren Buffett who is powerful? The answer is obviously: (from the perspective of outcome based success or failure) both are powerful. I think the most important thing is not who's thinking, which theory is strong or which theory is wrong. But after making a decision, stick to one path and walk to the end, don't jump back and forth repeatedly, and don't fall on the wrong path. -Investing in something that you don't believe in the ultimate outcome in your heart is very dangerous; -Refusing to participate in something that has a bad ending but is beneficial midway due to prejudice is also dangerous. But the most dangerous thing is always jumping back and forth, believing in value investing today, believing in short-term investing tomorrow, and deciding to pursue both the day after tomorrow. In the end, nothing was caught.