Notes

My First Speculative Attempt Trading Summary This afternoon, I executed a trade in my A-share account, selling 50% of my shares in Industrial and Commercial Bank of China (ICBC). Trading Rationale Today, small-cap stocks experienced an overall decline, while major large-cap stocks rose by 4% to 5%. Concurrently, the Ministry of Finance announced that a press conference will be held on Saturday. My analysis suggests that policymakers intend to temporarily stabilize the market by boosting large-cap stocks and enhancing market confidence by releasing relevant news. I anticipate that concrete policies will be announced at the Saturday press conference to drive a market recovery. Given that the policymakers’ objectives have not yet been met, I believe they will not abandon their intervention in the market. ...

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。 ...

What Happened Today? According to reports from the Securities Times, on October 9th, the two A-share markets showed a weak downward trend, accelerating into a sharp plunge at the close. The Shanghai Composite Index fell nearly 7%, losing the 3300-point threshold, while the ChiNext Index dropped by over 10%. The total trading volume for both markets exceeded 2.9 trillion RMB, and more than 5,000 individual stocks declined. Reasons for the Surge Regarding the previous market surge, I have already provided an analysis in an earlier article. Interested readers can view the article 《On the Historic Surge Day of A-Shares: False Prosperity or Steady Ascent?》 for further details. ...

A Day of Miraculous Gains Today, the Shanghai Composite Index opened higher by 10%, but immediately slid down, ultimately closing up 4.59% at 3,489 points. The total trading volume of the two markets reached a massive 3.45 trillion yuan, setting a new historical high. What is particularly noteworthy is that almost all stocks hit the upper limit at the opening, regardless of whether their performance was good or bad, or whether their P/E ratio was high or low. This market trend can be described as a unique phenomenon unseen in decades. ...

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. ...

During hyperinflation, currency rapidly depreciates, leading to a sharp decline in purchasing power. To protect wealth in this environment, the following assets are usually considered relatively safe: Precious Metals Gold and silver have historically been viewed as hedges against inflation. Their intrinsic value is unaffected by specific monetary systems, and they often maintain or even increase their value during economic instability. Real Assets Real assets such as real estate, farmland, and forests can usually preserve value, and even appreciate during periods of hyperinflation. These types of assets not only have practical uses but can also generate rent or agricultural income. ...

All animals are equal, but some animals are more equal than others Absurd slogans and constantly altered rules are the main tools Orwell uses to expose how totalitarian regimes manipulate, deceive, and suppress the masses through language. These slogans appear simple and easy to understand on the surface, fitting the interests of the animals, but in reality, they are cleverly twisted and utilized by the rulers (the pigs), ultimately betraying the original intention of the revolution and plunging the other animals back into a state of oppression and exploitation. ...

Don’t compare yourself, there is always someone who lives better than you You are the only one who knows what’s most important to you. Remember that: What is important to YOU? Not what is important to the Joneses next door.

The Shanghai Composite Index surged 8.06% today, breaking the 3300-point mark. Total trading volume across the two markets reached a massive 2.6 trillion yuan, setting a new historical high, with all brokerage stocks hitting the upper limit. Faced with such a fierce surge, many people cannot help but wonder: how long can this frenzy continue? Should we take profits now? Personally, I believe that this market rally is unlikely to be a flash in the pan; rather, it is a mid-term process that could last for two or three months. ...

Parents teach us how to speak in a year. But we must spend a lifetime learning how to be silent. When you try to use language to impress others, the more you speak, the more mediocre you appear, and the more mistakes you make. This is roughly the meaning of “language carries Zen insight”: the less one speaks, the more unknown there is, and humans are naturally fearful of the unknown.

Everyone is like Wu Dalang; when running a business, they dislike having staff who are taller than them. Like Liu Bang, there are too few people capable of being managed who are superior to oneself, so you won’t encounter them. Since the vast majority of leaders are Wu Dalang, when you showcase your abilities, you risk making them wary of you.

On September 24, 2024, the central bank held a press conference and announced a new round of economic stimulus plan, planning to inject approximately 300 billion yuan into the stock market, and stated that it will continue to add funds in the future. Overall, this strategy appears quite well-structured; by pushing up the stock market, the intention is to guide residents directly into investing in the financial market. This measure may attract a large amount of capital into the market in the short term, bringing short-term prosperity. However, the sustainability of this effect remains questionable. ...

Beginnings “If you reach for a star, you might not get one. But you won’t come up with a hand full of mud either.” Spend less than you earn—invest the surplus—avoid debt. Carrying debt is as appealing as being covered with leeches and has much the same effect. ...

You hold reverence for natural law, he worships authority— This is a difference in worldview; You stand by conscience, he stands by the strong— This is a difference in values; Your effort is for an ideal life, His effort is to be superior to others— This is a difference in philosophy of life.

Use Alibaba’s mirror/source instead of Tsinghua’s, as Tsinghua’s source is incomplete. Use python launch.py to install some Git libraries. Install the versioned pip libraries listed in requirements_versions.txt. You can use python webui.py --port=7860 --server=0.0.0.0 --medvram to save VRAM (GPU memory).

A person’s behavioral habits are often long-term cultivated, reflecting their internal values and beliefs. If a person treats the people around them with friendliness, respect, and kindness, they are also more likely to be friendly to you. Conversely, if a person treats the people around them with indifference, selfishness, and impoliteness, they are also more likely to be indifferent, selfish, and impolite to you.

Habits are the compound interest of self-improvement. Just as money multiplies through compound interest, the effects of your habits multiply as you repeat them. They may seem to make little difference on any given day, yet the impact they deliver over the months and years can be enormous. 1: The Surprising Power of Atomic Habits People make a few small changes, fail to see a tangible result, and decide to stop. You think, “I’ve been running every day for a month, so why can’t I see any change in my body?” Once this kind of thinking takes over, it’s easy to let good habits fall by the wayside. But in order to make a meaningful difference, habits need to persist long enough to break through this plateau—what I call the Plateau of Latent Potential. qPeople make a few small changes, fail to see a tangible result, and decide to stop. You think, “I’ve been running every day for a month, so why can’t I see any change in my body?” Once this kind of thinking takes over, it’s easy to let good habits fall by the wayside. But in order to make a meaningful difference, habits need to persist long enough to break through this plateau—what I call the Plateau of Latent Potential. ...

The True Enemy of Success The enemy of success is not failure, but dullness and lack of interest. Therefore, we must make it interesting. The Key to Product Development It is the same when building a product; you must have people using it, interacting with it, and providing feedback right from the start. Otherwise, it will be difficult to sustain. You must have seed users from the beginning, and a group of people anticipating it throughout the development process.

If you can’t say nice things, say nothing. Don’t put people down.

You don’t need to follow the daily news. True breaking news will find you, and the rest isn’t urgent or just doesn’t matter.