How high you can go in the future,


does not depend on how hard you work today,
but on whether your effort can compound over time.
The greatest risk in the market has never been losing money,
but uncertainty.
Anyone who fights against uncertainty,
ultimately loses the most painfully.
Experts only do one thing:
find certainty in impermanence, find causality.
The wise choose long-termism,
because in the short term you're betting on luck,
but in the long term, you're betting on patterns.
The essence of long-termism,
is to make time your friend.
The stock market is like this, and choosing a career is even more so.
People at different levels have completely different relationships with time:
Physical strength relies on physical effort to make money, you can still fight when young,
but physical strength declines over time, and so does value;
The working class makes money through their positions, changing jobs frequently seems like changing environments,
but in reality, their network resources keep resetting.
Time has not helped them accumulate,
but quietly erodes their potential.
The true lesson in life is:
how to turn effort into an asset that can be accumulated.
If effort cannot settle and keep accumulating, constantly resetting,
then time becomes your enemy;
only when effort can accumulate over time,
will time turn around and push you forward.
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