MarkSu

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Lianhua Qingwen during the pandemic and Banlangen during the SARS outbreak were actually selected through targeted screening.
The production cost of traditional Chinese medicine is very low—or rather, it should be called the R&D cost.
Basically, every traditional Chinese medicine manufacturer has similar conceptual formulas.
It just depends on whether they can be selected.
At the time, a KOL cycling around Shandong once wrote about Buchang Pharmaceutical.
Buchang Pharmaceutical also wanted to seize this market and worked with academicians to develop Xuanfei Baidu Granules, but it failed to out
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In the Odyssey, Odysseus knew that no one could resist the Sirens’ song. Once the ship drew near, the sailors would be tempted and ultimately sail toward their deaths.
He did not confidently say:
“My willpower is stronger than other people’s. Once I hear the song, I will definitely be able to remain rational.”
Quite the opposite.
He knew very clearly:
By the time I truly hear the Sirens’ song, I will no longer be able to trust the person I am at that moment.
This is it.
This is exactly how everyone, when designing a model, always thinks they can add to their position when prices fall
But when
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People cannot imagine things they have never seen
most of the time
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Dinner checklist
Seems like something is still missing
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What is deflation?
Understand it in one sentence
Deflation = a sustained decline in the overall price level. Assuming CPI is -3% year-on-year, the 100 yuan you hold will have the actual purchasing power of 103 yuan one year later. Simply holding cash is itself “making money”—this is the most intuitive feature of deflation.
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Here’s a painful fact:
Have you noticed that ChangXin, Unitree, DeepSeek, Kimi... the wealth-creating names in this wave
basically all benefit only a minority.
In the real estate era,
almost everyone benefited,
even if you sold curtains, doors and windows, toilets... you could still benefit.
This is how the times have changed.
KIMI0.31%
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With the storm approaching, the wind fills the tower
#BTC #@Gold
BTC-0.21%
GLDX0.25%
PAXG-0.02%
XAU-0.03%
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Crazy Friday
bitcoin:native
BTC-0.21%
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Invest in these U.S. stocks for the next 5 years
and that's enough.
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3,000 graduate students vie for back-of-house positions
Yu Donglai takes it as tears😢
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I believe that once people grow up and develop their own thoughts and values, every process and outcome becomes a struggle with themselves. Once you figure things out, the whole world will make way for you. If you imprison yourself in your own little world, you will be doomed forever. Truly, you must be broad-minded, learn to let things go, and learn to forgive yourself.
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Woke up
with 13.4 more BTC
No wonder 🤣 woke up laughing
BTC-0.21%
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GateUser-9e6cf027:
Heh.
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Actually, you can't really interpret it as prices falling either. Deflation objectively exists, and money is indeed appreciating in value. Quite a large number of goods and services have fallen to 50%-70% of their prices six years ago, from real estate to takeout, hotel rooms, air tickets, clothes, and shoes.
The overall purchasing power of 100k yuan today is roughly equivalent to that of 200k yuan six years ago.
Goods whose prices have not fallen are effectively becoming more expensive.
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Now go watch *NiuLai*—it has already become a form of collective performance art: you start laughing when you see the short clip online, laugh while buying the ticket, laugh when the staff check you in, laugh together with everyone watching the movie, and laugh again as you reminisce about it afterward.
The movie itself is surely not very good and does not really offer anything; it is the act of watching the movie that makes people laugh, like a group of people buying something modeled after a celebrity and gaining a sense of psychological satisfaction: I took part in something that made me
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In one sentence:
This is not “sell everything because a financial crisis is coming,”
but rather “the anchor for global asset pricing is
shifting from the 1% interest-rate era to the 5% interest-rate era,
and all assets priced for 1% need to be revalued.”
A 21x PE for U.S. tech stocks
is reasonable in the 1% interest-rate era,
but worth only 14–15x PE in the 5% interest-rate era.
—— This is math, not emotion.
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Honestly, the marketing team behind this film (Niu Lai) is ten streets ahead.
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1 million ten years ago,
How much would it be worth now if invested in these indices?!
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2026 Let's Work Out Together🏋️‍♀️Day 2000
Be your own idol—
1. Jump rope 2,000 times
2. 30 push-ups
3. Plan to keep recording through Day 2,000
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