Morrisss

Don’t get carried away by market sentiment; instead, understand the market’s rules and keep your actions aligned with those rules.

No matter how “smart” a blogger’s cognition is, if he invests in China’s A-shares (with his core asset allocation still stuck in the environment he criticizes), it shows that both his cognition and his behavior don’t match. His cognition stays at the level of opinions, not capability.

For ordinary people, growth and earning money are the best ways to fight against this messed-up world.

Before the US midterm elections, don’t be too aggressive with your assets.

Poverty is not a character problem, but a problem of constraints; getting out of poverty is not achieved through moralizing, but by changing the decision-making environment.

I have one “drawback”: whenever there’s a problem that needs to be solved, I go find the answer myself.

A real-world rule is: in industries with low entry barriers, the threshold to truly become top-tier is often even higher; while in industries that appear to have high barriers on the surface, competitive barriers may not be as large as imagined.

On X, people in the Simplified Chinese circle—besides watching adult action videos and swamp-related news—most of them aren’t satisfied with the status quo. They’re the ones who actively seek breakthroughs. They’re willing to step out of familiar information environments, engage with different viewpoints, and look at the bigger world. But many people’s problems aren’t a lack of motivation; it’s a lack of a clear direction, effective methods, and a path to turn cognition into action. They’ve started looking for an exit—they just haven’t found their place yet.

Someone messaged me privately: they say they’ve been studying all along, yet they still feel confused and have no direction. In fact, the problem is often not that you haven’t learned enough, but that you lack feedback grounded in the real world. You take in a lot of knowledge, but you take action very rarely; you keep thinking about the future, but you seldom enter real environments to test it. Without doing enough things, without going through enough trial and error, and without receiving enough real-world feedback, it’s hard to form reality-based cognition that truly belongs to you. Real di

Every time an era changes, it first destroys the stability of the past. Most people see what they lose, while a few see reallocation. The unease brought by change, at its core, is that old positions are disappearing and new ones are forming. Opportunity always belongs to those who welcome change, adapt to it, and take advantage of it—not to those who try to stop it. When the world changes, what truly needs to change isn’t the era, but your own position.

The market isn’t short of flatterers—it lacks people who can make judgments and create results based on those judgments.

People often ask me if I believe in “fate.” Let me explain again: I believe in fate, but first you have to understand what fate is. Fate is not destiny; it’s a set of initial variables a person has at birth—family, environment, the era, resources, personality tendencies, and past experiences—together forming a high-probability pattern. These variables determine someone’s starting point and most of the possibilities in the early stages of life.
But fate is not the final outcome. Because as people grow, they are continually influenced by self-awareness, personality formation, choices, and action

Most people are trapped in all kinds of narratives: national narratives, policy narratives, social narratives, platform narratives, industry narratives, company narratives... The only thing they don’t have is a narrative of their own.

It is said that Chinese self-media creators have already reached 200 million people, while the number of dogs in China is only 100 million. More than 98% of self-media creators can never make a living for themselves; the income of big V accounts with 1 million followers is no better than that of ride-hailing drivers; and 50% of creators will stop posting in the next three years. These reflect a trend: the traffic dividend for self-media has ended. In the past, platform growth, information gaps, and scarce attention created opportunities for many ordinary people to gain a foothold by continuous

On X, everyone being pushed along by information-feed trend hotspots has no sense of self.

People who are overly frugal don’t end up with money left over—they end up with a cheap life.

The biggest power Chinese people have is the power of consumer choice.

What’s the matter—are you willing to pay for me to help you analyze it? (The current issue is free)