"72 Hours in Normandy" tells the story of a market analyst and a fund manager. The former is responsible for articulating hard-to-accept truths, while the latter makes the final calls and takes responsibility.



Investors are constantly facing this kind of complex and chaotic situation, where there are never simple or clear answers.

We must constantly remind ourselves to remain humble, respect the facts, and refrain from making rash judgments.

At any given moment, we have limited information, insufficient insight, and a lack of knowledge.

Investment remains a "loser's game," where victory belongs to those who make the fewest mistakes.

Always maintain discipline and caution, and understand your own capacity for loss.

In this noisy market full of charlatans, we should honestly do our part and accept what fate brings.
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