Among all the identities like gambler, trader, investor, speculator, analyst, KOL, etc., the one I like the most is being called a trader. When someone first referred to me as a 'wild trader,' I couldn’t stop laughing, but I also felt it was spot on. I majored in chemical engineering during undergrad, and I was a complete outsider to finance. Not professionally trained, and honestly, I haven’t been exposed to many systems. Calling myself a gambler or speculator— well, after a long time, it might really just boil down to gambling. Calling myself an investor— feels a bit pretentious, even though I’ve been involved in both primary and secondary markets. Trader is a very neutral term. At the end of the day, we’re just trading— trading stocks, trading crypto, trading primary equity. Essentially, it’s trading uncertainty, trading risk and odds. I have a few older brothers in the field who’ve done way more than me. Even though they’ve supported a lot of people, we all know deep down— it’s still them who sustain their teams. Everyone else is just assisting. So no matter how advanced the institution, fund, family office, or individual investor, in the end, it still comes down to the 'trader.' And most of the time, that trader is crucial. Even Berkshire Hathaway relies on Buffett, the trader. You could call Buffett the boss, CEO, investor, analyst— all of those are true, but not entirely accurate. The term 'trader' fits him best. He’s Berkshire’s trader, and the most important one at that. Look at people like Duan Yongping or Dan Bin— I believe their teams are full of talent, but in a fund company, the boss is essentially the most basic employee, because they’re doing the most fundamental work— making analyses, decisions, and trades. If a fund company were like a real estate company, then the boss would be both the CEO and the construction worker. The other partners and colleagues are essentially just supporting roles. As soon as the boss steps away from the front lines, it’s hard to maintain the same trading style. So when Buffett and Munger leave Berkshire, whether their successors can continue to trade well will depend on whether they can learn from Graham and Fisher, and even surpass them. I hope what you focus on is my identity as a trader.