Wealth rise is often limited by an individual's cognitive scope. A few days ago, during dinner with my neighbor, she shared an interesting experience. She had invested over ten thousand yuan to purchase some designer doll collectibles, and now the market capitalization has doubled to twenty or thirty thousand. Although her frens all advised her to sell at a high price for profit, she stated that the initial purchase was purely for the emotional satisfaction brought by her hobbies, and she had no intention of selling.

This makes me think: those investors who cannot appreciate this emotional value are unlikely to choose such collectibles as investment targets from the beginning. On the other hand, collectors who can feel the emotional value often find it difficult to objectively assess the potential price heights these items can ultimately reach.

This emotional added value is essentially difficult to quantify - how long can it last? What level can the final valuation reach? These questions seem to have no definite answers. The intertwining of investment and emotions makes value judgments more complex and personalized.