I woke up in the morning and did a round of push notifications. I feel that Ma Nan's post has given me a thoughtful and resonant feeling. This cycle has seen a sharp decrease in the focus time of KOLs/individual investors, with decisions becoming faster and flatter, and entertainment and investment becoming increasingly blurred. Not only in the cryptocurrency industry, but also in traditional financial markets. For example, Munger said Robin Wood is an evil company. For veteran value investors, watching them create so many fancy things to attract attention is definitely not pleasant. 😂😂 This is very consistent with the trend of more and more people indulging in Tiktok, Little Red Book and Tiktok's tit music. It can also explain why "Meme is popular", "long articles are not read", "garbage coins can win by exploding" and other phenomena, because people are increasingly impatient, short, exciting and fragmented, which is in line with the trend. What is good and what is bad? Robin Wood may be an evil company, but he is also a winner who understands the trend. From the stock price trend, the market is also rewarding them. If you can't change it, just follow the trend of the times. @I am very interested in continuing to study these three arguments of LeotheHorseman: The way humans interact with information is about to undergo fundamental changes compared to search engines and recommendation systems. The marginal cost of human production and dissemination of misinformation is rapidly approaching zero. 3. The decision-making methods of most marginal buyers (inspired by @ primeuticcrypto) have undergone fundamental changes in behavioral finance. Although there are no specific Alpha markers, I feel that understanding them can bring us closer to finding the underlying patterns of the future. I welcome fellow practitioners to explore together when they have time.