I can’t stop laughing—an allegedly circulated story claims that Ren Zeping’s membership group costs nearly 3,000 yuan per year, and it has recently turned into a piece of performance art:

When the tech sector pulled back, Ren Zeping shouted in the group, “A thousand gold is hard to buy for a bull’s turnaround—corrections are a chance to get on board.”
As a result, a member went all-in with both positions and leverage to bottom-fish. Reportedly, they’re down more than 10 million yuan, and they directly started blasting in the group, 🤣.
Honestly, I’ve never understood why anyone would expect to pay 3,000 yuan and have an economist help them make money trading stocks.
Economists study the macroeconomy—not the same as knowing how to pick stocks; judging trends doesn’t mean they can control your position sizing.
And Buffett’s words are even more brutal:
“These economists have an IQ of 160 and have studied for a lifetime. Can you name an economist who became a super-rich person by relying on securities trading? No.”