#AI基础设施投资 Seeing CZ's layout in the AI and education fields, what moved me the most wasn't how hot a particular project is, but the profound meaning behind the phrase "Keep Building."

Over the past two years, I've interacted with many investors. Many are dazzled by the hype around AI infrastructure—betting on computing power today, following a certain track tomorrow, and hurriedly cutting losses the day after. But those who truly navigate cycles are not driven by chasing hot topics; they understand the essence of the cycle.

AI infrastructure is like a long-distance run, requiring continuous resource investment and patience. The education sector is even more so—its value realization takes time. This "dual focus" approach actually tells us: don't bet on a single track; diversify your commitments within fields you understand, and use time to gain certainty.

I've always told those around me that the first step to asset safety is mental security. In this noisy market, maintaining faith in long-term development is more valuable than any short-term operation. Instead of frequently adjusting positions to chase certainty, it's better to steadily allocate in areas you understand, letting time work for compound growth.

Cycles will rotate, but those who build steadily will not be defeated by cycles.