[Fu Peng: Shifting from a Money-Making Mindset to a Allocation Mindset]

Yesterday, I was invited to attend Fu Peng's private gathering in Hong Kong.
Old Deng is lying flat, Little Deng is going all-in, only Zhong Deng is caught in a dilemma, but only with a balance of offense and defense can one enjoy the cash flow of compound interest and become a friend of time. So no matter which "Deng," you must first strengthen your defense; with some assets that have 100% certainty, you can confidently attack. Smart Old Deng, riding the national fortune, leverages during the early stages of productivity and social relations, then deleverages later, locking in the certainty of wealth. Not-so-smart Old Deng, already in the later stage, still wants to gamble, resulting in a roller coaster that leaves everything gone.
True wealth is not just about increasing in amount but becoming more orderly; it’s not just for today but able to pass through cycles📈
Fu Peng discusses AI's productivity and social relations, predicting that by 2030, AI's social relations will match its productivity. It’s still early now; Little Deng is gambling on uncertainty. In the mature stage, social relations will be certain, and Buffett’s cash will come in.
#付鹏 #Chow Tai Fook Life Insurance #英伟达 #Storage #去杠杆 #Warren Buffett