Yesterday, I revisited Guo Yu's TV show and realized I had misremembered some details. Staying up late too often really messes with your memory. If I look back at the past five years of my life, there were probably two 'Guo Yu moments' (and my portfolio was halved twice since entering the market). Thinking back to those two 'Guo Yu moments,' I used to think they were understandable, but now I feel there was a lot of self-inflicted recklessness involved. I recalled Guo Yu's short video on June 10 (there was a similar theme earlier this year) about shorting Chinese concept stocks as 'easy money,' and it made me realize how arrogant it is to ignore market rules and dive headfirst into such situations.

“读书无用” 这一块，顾神也是最强反指。该迅速积累专业知识的时候，顾神选择了成为月入两万的 “游戏商人”，如今年过 25，每月能不赔两万就该谢天谢地了😇。玩周期性这类宏大叙事，没有点专业背景可还行？到底是没有吃过读书的苦，社会性不足，最终要吃市场的苦。

The stock market is cyclicalIn January 2024, I reviewed the stocks I had sold historically, and most of them were sold correctly. If I hadn't sold, they would have been cut in half.Now, looking back, most of them were sold too early. Holding them would have doubled the returns.In a year and a half, stocks that increased five or six times are everywhere.Buying at the most panicked moments, looking back, the light boat has passed countless mountains.Except for the delisted speculative stock Aikang, all others surged.To make money, you must be patient. Those who trade options every day and panic over a few percentage drops in stocks—how can they get rich?$Direxion FTSE China Bear 3X(YANG.US)$Tesla(TSLA.US)