Investing is turning knowledge into profit? That's nonsense. There are plenty of high-knowledge poor people and low-knowledge rich people in the market. Knowledge determines direction, capital determines chips, and entry/exit points determine profit and loss. The earliest entrants make money off expectations. Mid-stage entrants make money off emotions. The last ones in are there to prove just how expensive knowledge can be. Stories can be endlessly grand, but money is always limited. When a sector starts showing up at dinner tables, poker games, parent groups, and nightclubs, it means most of the money that was going to come has already arrived. The car is full of self-proclaimed experts, but there are barely any buyers left outside. Talking about value at this point is like discussing interior design styles at the scene of a fire.