I just discovered a very interesting interview that is resurfacing now. Duan Yongping, that legendary investor who founded BBK and disappeared from the radar over two decades ago, decided to break the silence in a two-hour conversation with Fang Sanwen, the guy behind Xueqiu.

What caught my attention is how Duan Yongping approaches investing in a nearly Zen-like manner. He makes it clear that theory is easy; the problem is execution. Like, anyone can understand that you need to analyze a company's business model and project its cash flow, but few can maintain the discipline to do it properly.

One thing he emphasizes a lot is trust in business. According to Duan Yongping, you can't accomplish great things without building solid relationships, and that means avoiding any moves that compromise your core values. It seems obvious, but how many people actually do that?

He also touches on how large corporations operate, commenting on companies like Apple, Tencent, and Moutai. But what's interesting is his caution regarding hotter trends like artificial intelligence and electric vehicles. It's not that he dismisses these areas; it's more a sign that not everything that glitters is gold.

In the part about early childhood education, Duan Yongping highlights something that makes perfect sense: providing emotional security to children and setting an example through your own behavior. It's not parenting theory; it's practical observation of how people develop.

Overall, the interview is a lesson in long-term thinking and rationality. It’s not the kind of thing you see every day coming from someone with Duan Yongping’s background.