I've been driving for 15 years. Two weeks ago, I drove thousands of kilometers in Xinjiang and realized some principles that are also valid for investing and life.


◦ To overtake the car ahead, you need to change lanes; otherwise, you might get into trouble.
◦ Changing lanes is like rebalancing a portfolio — every move has an opportunity cost. Sometimes you change lanes only to find the original lane was faster.
◦ Most of the time, you should look forward; only use the rearview mirror when correcting your route.
◦ Sometimes being slow isn't because of something you did wrong — maybe there was an accident ahead of you.
◦ Being a few minutes late is no big deal; but one accident can be costly. Avoiding losses matters more than how much you gain.
◦ Not every gap is worth squeezing into, just as not every opportunity requires your participation.
◦ Patience in waiting for the right opportunity is crucial, especially when the cars ahead and beside you are all moving slowly.
◦ Haste makes waste — "fast is slow" — which was also Duan Yongping's early online alias.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned