I finally met the wizard @0xcryptowizard yesterday and talked with him for more than 2 hours. If I hadn’t made an appointment with Metamask later, I would have wanted to continue chatting. I felt like I hadn’t said enough. Talk about different things with different people. If most of the conversations with friends in the crypto are about the opportunities in front of them, a specific investment or transaction, which is the "technique", then what you talk about with the wizard is the investment logic thinking that can span a lifetime, the construction of the investment system, and how to improve yourself, which is the "Tao". Now I understand why wizards often express philosopher-like opinions on Twitter instead of specifically calling out a target. He talked to me about Wang Yangming’s philosophy of mind, about the unity of knowledge and action, about the impact of assets increasing tenfold or decreasing tenfold and how to adjust investment styles accordingly, about how Charlie Munger almost went bankrupt because he couldn’t bear to step out of his own investment framework, and about how to build and improve your own trading framework and pursue your own “Tao”. The content was very rich and the knowledge system was very vast. . . It's truly fascinating. I'm so busy chasing opportunities every day that I haven't really taken the time to truly reflect on the essence of investing and trading. I've been tinkering with my investment system based solely on instinct. Interacting with a thinker like the Wizard might inspire and yield far more insights than simply picking up five future major investment projects at a meeting. A reader once asked me a question: I see you guys posting about making money every day on Twitter, but why haven't you retired yet? My answer at the time was that I was addicted to making money. The stimulation was too strong and I couldn't find a better alternative outside of it. Now I think there is another part of the answer: During this process, I had the opportunity to discover my shortcomings, recognize the gaps between me and the experts, and my own strengths, and then strive to improve myself. Furthermore, I could test my progress and improvement through the performance of each investment opportunity, and the Happy Beans I earned were the most direct feedback on my achievements. To put it more simply, it means becoming a better and stronger self in the process of practicing investment, which is very similar to the obsessive feeling of constantly upgrading your character in a game. As for where your talent lies in investment/trading/arbitrage/money-making/social networking, you have to try it out in the early stages to find out, just like when you play Honor of Kings and decide which character you are good at and which lane is closest to your personality. I just had a vague feeling before, but after talking with the wizard yesterday, my thoughts have become more systematic and clear. I still have decades to perfect my investment and trading methods in the future. This is very similar to the plot in the novels of cultivation. The process of pursuing the Tao is endless and is a lifelong goal. Buffett's greatest strength lies in his ability to persevere and refine his investment system, ultimately finding his own path. Mere mortals like me can't aspire to reach his level, but at least we can strive to continuously improve compared to our past selves. Making money will naturally follow. I'll take this opportunity to record it down while my mind is clear this morning. I'll be busy all day long. GMGM

My favorite hotel

If something is going to take decades to do, it doesn't matter if you start late, and there's no need to rush. Just move steadily and firmly in that direction.

Preach to me now.

excellent