Why I Chose the S&P 500 as My Primary Investment Asset

Throughout my investment journey, I have come to trust the S&P 500 and consider it the core of my wealth storage. By understanding the US Constitution, the free society, and the powerful military behind it, I believe that the S&P 500 represents the strongest companies and the most stable economy in the world. Here’s why I made this decision and the thinking behind it: The US Constitution and Free Society are the Strongest Guarantees I firmly believe that the US Constitution and the free society structure are among the most valuable assets in the world. The rule of law and the powerful military, particularly the aircraft carrier, provide a unique guarantee for global investors. If the US Constitution protects investors’ rights and the economy relies on the free market, it will provide a solid foundation for my chosen assets. ...

December 10, 2024 · 6 min · xgDebug

Clear Thinking

It doesn’t matter what position you find yourself in right now. What matters is whether you improve your position today. 你现在处境并不重要。重要的是你今天是否改善了处境。 Enemy of Clear Thinking Never forget that your unconscious is smarter than you, faster than you, and more powerful than you. It may even control you. You will never know all of its secrets. 永远不要忘记,你的潜意识比你更聪明,比你更快,比你更强大。它甚至可能控制你。你永远不会知道它的所有秘密。 ...

October 9, 2024 · 6 min · xgDebug

Simple Logic

Chapter 1: Intellectual Preparation for Logic Highlightg(yellow) - 02 Confirming Facts > Page 15 · Location 154 The objective existence of facts comes in two basic forms: things (objects) and events. Things are entities that exist, such as animals, vegetables, or mineral deposits. For example, the White House can be seen as a representative of a thing, while Lincoln’s assassination can be seen as a representative of an event. Highlightg(yellow) - 02 Confirming Facts > Page 15 · Location 158 To confirm the existence of a thing, you simply need to conduct an on-site investigation. ...

October 7, 2024 · 21 min · xgDebug

Some common types of fallacies and their explanations

Fallacy of Assertion: In this fallacy, the assertion provides insufficient evidence or support, merely stating a fact as a declaration. For example: “Everyone knows I am the smartest person.” Fallacy of Causation: This fallacy lies in incorrectly assuming a causal relationship between two events. For example: “I ate strawberry ice cream, so it caused the weather to get cold.” This fallacy ignores other factors that might influence the weather. Ad Hominem Fallacy: In this fallacy, the arguer of the point is attacked, rather than engaging in a rational debate about the point itself. For example: “This plan is unwise because it was proposed by a stupid person.” ...

August 5, 2023 · 4 min · xgDebug

Developing solutions without fully understanding users' problems is something I've made many mistakes in.

1. Do consumers recognize that they have the problem you are trying to solve? 2. If there was a solution, would they buy it? 3. Would they buy it from us? 4. Can we build a solution for that problem?" The common tendency of product development is to skip straight to the fourth question and build a solution before confirming that customers have the problem.

July 26, 2023 · 1 min · xgDebug

Capitalists must dismiss older employees after a certain number of working years.

Analyzing from the perspective of game theory, the contributions of employees to companies follow a parabolic curve, while wage levels continue to rise. This is why internet companies have a retirement age of 35. +++

June 26, 2023 · 1 min · xgDebug

The only ones you can hear, see, and touch are the survivors.

The unlucky ones who were eliminated by competition have no voice; you cannot see their journey of heart and their thoughts. +++

June 26, 2023 · 1 min · xgDebug

Original proposition: If you work hard, you will succeed.

Statement 1: If you have succeeded, it indicates that you worked very hard. Statement 2: If you don’t work hard, you won’t succeed. Statement 3: If you haven’t succeeded, it indicates that you didn’t work hard. Which of the above statements is the logical deduction of the original proposition?

June 20, 2023 · 1 min · xgDebug

Logical flaw due to language issues

Gambling activities everywhere should be legalized, because we simply cannot avoid it. Gambling is an inseparable part of life. The moment you sit behind the steering wheel or say your wedding vows, you are gambling. The “gambling” here is an ambiguous word.

June 20, 2023 · 1 min · xgDebug

Many people dislike logic because what they say usually cannot withstand scrutiny.

One benefit of being able to recognize and address logical flaws is that it prevents us from unknowingly falling into logical misconceptions. It is one thing to “feel” that a logic is flawed, and quite another to specifically point out where the problem lies. This is similar to how a person might feel unwell but be unable to say exactly what illness they have; only after seeing a doctor does everything become clear.

June 20, 2023 · 1 min · xgDebug

I didn't lie; I just slightly exaggerated the facts.

What is the difference between “telling a blatant lie” and “exaggerating facts”?

June 20, 2023 · 1 min · xgDebug

Logical flaw caused by a faulty assumption

· False Dichotomy We cannot assume that one must be correct just because there are only two choices presented. Many things are not “either/or” or “black/white.” “Since you don’t support free trade, you must support protectionism!” · Middle Ground Many people like to take the middle ground between two choices because it avoids either extreme, so sometimes this approach is called moderation (or the Doctrine of the Mean). “The junior high teacher believes that the school should arrange a fixed timetable. But the parents believe that students should be able to choose courses freely. So the best way is to combine the two.” ...

June 20, 2023 · 4 min · xgDebug

Logical flaw resulting from poor arguments

“Mr. Willie’s desk is always a mess because he is incompetent. A messy desk indicates a confused mind, which can only mean one thing: he is unfit for his job.” This sentence is actually very simple: “Incompetent, therefore the desk is messy; because the desk is messy, therefore he cannot be fit for his job.” · Counter-argument When we conclude that something is true simply because it “has not been proven false,” or conclude that it is false simply because it “has not been proven true,” our judgment contains a logical flaw. For example, although no one has found evidence of Atlantis’s existence yet, this does not mean that Atlantis does not exist. ...

June 20, 2023 · 4 min · xgDebug

Logical error in the reasoning process

· Error of Affirming the Consequent We cannot conclude that “when B is true, A is true” simply because “when A is true, B is true.” This error is also known as the “conversion error.” For example: “Every time I go on vacation, I feel very relaxed. Therefore, when I feel very relaxed, I must be on vacation.” Feeling relaxed during a vacation does not mean that relaxation only occurs during a vacation; one might feel relaxed at home, while eating dinner, or while chatting with friends… Therefore, the fallacy of the above statement is obvious. ...

June 20, 2023 · 1 min · xgDebug

Avoid inappropriate inferences

First, we must clearly distinguish between inference and assumption (or hypothesis). What is called an assumption is the premise part of an argument, and it is an inseparable part of the argumentative process.

June 20, 2023 · 1 min · xgDebug

There are simply too many "fools" in the real world, and they are completely unaware of their own stupidity.

Ultimately, it is because they do not understand where their own interests lie. For example, addicts, workaholics, those entangled in misguided interests, supporters of the large government, publishers, book reviewers, or certain respected officials—none of them realize that their actions are damaging their own interests.

June 18, 2023 · 1 min · xgDebug

Many people are concerned about their poor memory, yet few pay attention to their judgment skills.

It suggests that people tend to pay closer attention to the information they need or like, while neglecting the actual information— they are more willing to see the world they “want to see,” rather than the real and objective world.

June 18, 2023 · 1 min · xgDebug

Socrates' warning

Every individual, no matter how high their rank and authority, or how vast their wealth, has moments when their mind is chaotic, their thoughts are unclear, or they even lose their sanity.

June 18, 2023 · 1 min · xgDebug

Next time Prince Charles gets married, you absolutely have to take the Pope to the hospital beforehand.

1981: Prince Charles marries; Liverpool wins the European Cup; Australia loses the Ashes; Pope dies. 2005: Prince Charles marries; Liverpool wins the European Cup; Australia loses the Ashes; Pope dies

June 18, 2023 · 1 min · xgDebug

We always choose to understand things in a way that satisfies our own needs.

For example, if deep down we “hope” or “need” something to be “this way” or “that way,” we will consciously select, filter, and arrange the information we have gathered, causing that thing to become the way we hope or need.

June 18, 2023 · 1 min · xgDebug