1. Dealing with what you think you understand is not called risk avoidance. True risk comes from cognitive blind spots. Dealing with unpredictable unknowns is risk avoidance (the former is like going out to forage in the animal world). The difference between the two is like a natural barrier, and the outcome is naturally one in the sky and one underground; When you start automatically lowering your yield requirements, it is the beginning of investment maturity. The profit from small gains is not small, and the profit from small gains is not small. Lowering the yield is to maintain stability, which inevitably involves "foolish actions" and "foolish persistence". Maintaining stability maintains long termism. No one is willing to gradually become rich, but those who are impatient will quickly return to poverty. Reducing returns, pursuing stability, and pursuing long-term compound interest demonstrate high awareness, broad vision, and great wisdom; 3. The attack on Iran is certainly negative, and it is unknown whether it can quickly move towards peace and stability. However, what is certain is that after this battle, China has caught a glimpse of the weakness of the US, which is a long-term positive and also beneficial for the recovery of WW. When it comes to investment strategies, we cannot escape in the short term and forget the long-term positive. One yin and one yang are called the Tao, and it is important to balance the main contradictions and focus on key points. Run when you see negative news, go up when you see positive news. Caught both ends, only to be backfired; It's better to firmly focus on the most important aspect. Although the results may be slow, they are stable, long-lasting, and fearless of risks; Quantification is for eunuchs, and the court develops rapidly when needed, but once the system becomes bloated and uncontrollable, it will inevitably be hunted down. At present, the normal scale of quantification carried by the entire market is hundreds of billions, but quantification institutions with a scale of hundreds of billions have emerged. In fact, the overall scale is trillions, accounting for an increasingly large daily turnover. As a result, several speculative investors suffered losses this week and wrote surrender letters. This is a signal. I'm afraid at some point, quantification will be cleaned up. At present, the average P/E ratio of small and medium-sized stocks is over 100, so everyone must be careful. Regarding quantification, one can learn its thinking, but only rely on wisdom and not superstition; 5. The private equity credit funds developed by large institutions such as Blue Owl, Blackstone, and BlackRock in the United States may ultimately have a ripple effect on high-tech industries around the world. Firstly, technology has been leading the rise for a long time; Secondly, these institutions are major shareholders of mainstream technology stocks in the United States, and if they run out of money, they will inevitably reduce their holdings. Technology stocks have a strong transmission effect, so it is recommended to avoid them; 6. The US Treasury has exceeded $39 trillion, causing short-term frustration. China still holds over 600 billion US dollars in bonds, and if it were to sell them in a concentrated manner, it would become that magical 'killer' straw. The US debt cannot be saved, and the US dollar cannot be saved either. Attacking Iran has only temporarily prevented the depreciation of the US dollar, and it will continue to depreciate significantly in the long run. So don't be greedy for the high interest rates of US dollars and Hong Kong dollars. In the second year of World War II, the stock market experienced a significant rebound; The world economic crisis broke out in 1929, followed by a major rebound the following year; In times of crisis, there is an opportunity. There is no need to be hesitant. Just believe in China, believe in its values, and come up with your own unbeatable strategies to succeed! PS: I see because I believe, not because I see! be it so!