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Tell a personal example.
An older sister I know used to work at the Taiwan Affairs Office.
Because Hushen Shares / Hushi Electronics went public, she made her first pot of gold in life.
Approximately 20 to 50 million RMB.
I checked the affiliated companies of Hushen Shares, and some of them might have at least 80 million shares allocated to related persons and various stakeholders (this estimate might be accurate because the person involved didn't actually specify).
This sister, as a leader in the Taiwan-related department, could basically hold 2 to 5 million shares.
At that time, the original shares in the last round of funding were probably around 2 to 3 yuan each.
After going public for a year or two, Hushen Shares maintained around 13 yuan, so it was an easy 5 to 10 times increase.
Of course, if you had held on until now, it would be at least 50 times.
That’s a different story, as far as I know, no one is holding that anymore.
Hushi Electronics is near our home, and every morning and evening, you can see workers in light green uniforms.
Crowded and bustling.
This wave of AI and the big surge in prices seem to have nothing to do with them at all.
Life is like a flywheel; whether it turns positively or negatively depends on each person’s fate and cultivation.
Most people are running around for their destiny, and in this situation, it’s impossible to expect them to put in more effort to improve their cognition.
That’s a negative flywheel.
Even if they succeed, there’s a strong downward force pulling them back.
It’s very difficult to move forward further.
This sister comes from a very good background, a wealthy family in Shanghai from early on.
She received excellent education and even won awards at the Qingge Competition.
Later, I found out that among her siblings, her achievements in various areas were actually behind, and her background was very important.
Look at her rise logic:
You need capital, to enter the system, to become a leader, to know how to get along, and then just wait for opportunities [smile].
The gears of fate keep turning forward, and only on a solid foundation of destiny can there be good luck.
You really have to accept your fate first, embrace it.
Objectively know who you are, then work hard to move upward so you won’t go off course.
Otherwise, pursuing goals that don’t suit you or are unrealistic, with the wrong direction, is just wasted effort.