Morrisss

Someone asked me how I view conspiracy theories. I said, I enjoy reading them too, but I don’t use them to guide my actions. People with low cognitive ability tend to explain the world in terms of people’s motives; people with high cognitive ability tend to explain it in terms of systems and structures. The underlying logic of conspiracy theories is: whatever happens in the world must be because some person or organization wanted it to happen. The underlying logic of structural thinking is: even if no one deliberately pushes for it, certain outcomes will arise naturally as long as the system’s

The market’s sharp drop resulted from multiple forces combining, but the greater the force, the stronger its impact on the market, while retail investors are often the weakest force. Most of the time, retail investors are simply on the receiving end of market trends.

People often ask me what they should invest in. In fact, you shouldn’t always ask for the answer—that’s a poor person’s mindset. Before investing, you first need to figure out where you stand and what kind of money you should be making. If you’re poor and have limited capacity to tie up capital, you should be good at making money from market fluctuations. If you’re rich and can tie up more capital, you should be good at holding high-growth assets over the long term and earning compound returns. But whether you’re poor or rich, if you get scared whenever the market plunges, you’ll find it hard

Why do we say so many people are stupid? Not because they lack access to information, but because they lack the ability to recognize its value. High-value information rarely reaches ordinary people—not because others are unwilling to tell you, but because even if they do, you may not understand it; even if you understand it, you may not recognize its value; and even if you do, you may not know how to use it. More sadly, when such information challenges your established beliefs, you may even instinctively reject it. A person’s true stupidity lies not in ignorance, but in using their limited und

Eight regrets in life: regretting not working hard and building a foundation earlier (foundational regret); regretting not seeing the world clearly and understanding yourself sooner (cognitive regret); regretting wasting time on the wrong path (regret of choice); regretting not daring to try and seize opportunities (regret of courage); regretting not standing by your principles and doing the right thing (moral regret); regretting not expressing yourself and cherishing the people who matter (regret of connection); regretting living for the future all along and forgetting to enjoy the present (r

The greatest paradox of family is that it is both the first place where a person finds security and the place most likely to undermine that sense of security. Family ties give people a reason to depend on one another, but they can also make people mistakenly believe they have the right to hurt each other. Truly mature love does not erase boundaries just because people are close; the closer they are, the more they understand the need to respect each other as independent individuals.

How do dynasties fall? Don’t just look at who overthrew them in the end; look at how the underlying conditions that sustained them changed. In the past, climate deterioration triggered food crises, fiscal exhaustion, and social unrest. In the future, AI and robots will reshape productivity, the value of traditional labor will decline, and rigid wealth-distribution mechanisms will make material abundance coexist with mass poverty. When a dynasty can no longer guarantee people’s basic survival, yet still demands that they bear the costs of maintaining the old order, the institutions that sustain

How do you systematically build an effective centralized dynasty?
For the poor: Brainwash them, instill a sense of belonging to the country and nation, weaken their ability to think independently, keep them at the bottom of the industrial chain and maintain their low incomes; use the pressure of survival to bring out the worst in human nature, making them nickel-and-dime others at every opportunity; pit the poor against one another in competition and mutual constraint; enact cumbersome laws and regulations so they could be breaking the law at any moment, though not in any serious way—normally,

X’s support for line breaks in Chinese paragraphs is too poor.
After the title, leave a blank line, and the timeline preview often collapses after showing only the title.
Proper paragraph formatting is completely impossible.
@elonmusk

How can an effective centralized dynasty be systematically established?
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For the poor: Brainwash them into feeling a sense of belonging to the nation and country, and reduce their ability to think independently. Keep them at the bottom of the industrial chain with low incomes; use the pressure of survival to bring out the worst in human nature, making them take every petty advantage they can and turning the poor against one another in competition and mutual restraint; enact complicated laws and regulations so they are always at risk of breaking the law, but not seriously—let violations go

How can an effective centralized dynasty be systematically established?
For the poor: Brainwash them, instill a sense of belonging to the nation and country, diminish their ability to think independently, keep them at the bottom of the industrial chain and maintain their low incomes; use the pressure of survival to bring out the worst in human nature, so they constantly exploit every petty advantage; make the poor compete with and constrain one another; enact complicated laws and regulations so they are always at risk of breaking the law, though not seriously—usually, they are not prosecuted,

When the market is at a low, don't be afraid. There may be more prolonged lows ahead. It's not about believing dawn is near, but making sure you can survive until the day it breaks.

Structural arbitrage between China and the US that ordinary people can participate in: provide information services to Chinese people who have just immigrated to the US, monetizing the knowledge gap; livestream from the US for Chinese viewers, monetizing the geographic gap; deploy remote Mac hosts in the US and sell access to Chinese customers, monetizing the infrastructure gap; help Chinese exporters attend US trade shows, monetizing the market-access gap; help US small and midsize businesses connect with Chinese supply chains, monetizing the production-cost gap; bring advanced US technologie

According to research, the saying “hard work leads to success” only applies to people with “money.”
In fact, what truly determines whether someone can succeed is not only how hard they work, but also the structure within which that effort takes place and how much leverage that structure can give their efforts. The return on effort is highly correlated with the resources a person has and the position they occupy.

Opportunity: The barrier to entry keeps rising, screening gets stricter, promises become fewer, and participants are increasingly high-quality.
Trap: The barrier to entry keeps falling, terms become more lenient, promises become more numerous, and participants increasingly come from the general public.

Why is it said that people who lack a sense of security find it difficult to grow? When someone lacks a sense of security, their brain prioritizes searching for danger, and their attention is consumed by survival threats. At such times, their cognitive resources are used mainly for defense, rather than exploration, thinking, and creation. Growth is essentially a process of continually exploring the unknown, solving problems, and breaking through the boundaries of one’s existing understanding. People who lack a sense of security often tend to avoid the unknown, maintain the status quo, and seek

Don’t chase opportunities; become a node for opportunity, quietly waiting for it to arrive.

There are three levels of personal brand management for entrepreneurs:
Beginner: Get others to like you.
Intermediate: Get others to believe in your abilities.
Advanced: Get others to believe in your business value without having excessively high expectations of your private life. This is expectation management.

Have you noticed? Merchants in the public eye are in danger, no matter the country. But merchants behind the scenes are safe, no matter the country. Wealth is a form of power, but its security depends on how it participates in the power structure.