1. The most important thing in life is not
to seek what is right, but to step away from what is wrong. As long as you
avoid doing the wrong things, what is right will naturally emerge. The path you
shouldn't take — staying away from mistakes is sometimes more important than
pursuing correctness.
2. Be principled. Doing something you
clearly know is wrong is being unprincipled. Doing the right thing often means
resolutely not doing the wrong thing. Don't do what you don't understand. Don't
participate in dishonest collaborations. Be true to yourself and others, allow
yourself to be yourself, and allow others to be others.
3. Investing is ultimately about value
judgment. Buying a stock means buying a company. Buying a company means buying
its future cash flow.
4. Entrepreneurship is not about chasing
trends or profits — it's about irrepressible passion. Making your own game
console comes from a love of games and an understanding of players' needs.
Entrepreneurship is not about taking someone else's share of the pie — it's
about providing value that no one else can replace.
5. A diploma is a facade; the ability to
learn is the real foundation. The essence of education is not obtaining a
degree, but the cultivated character and problem-solving ability etched into your
bones.
6. An ordinary mindset is the rarest
ability. An ordinary mindset is not about being indifferent or lying flat —
it's about staying grounded in reality, unaffected by emotions, gains/losses,
or noise. In investing, for example: don't be elated when stock prices rise,
don't be anxious when they fall. Just ask yourself, "Has my original
reason for buying changed?" If not, hold. If so, correct it in time. The
same applies to business and life.
7. Fit is more important than
qualification. Fit means alignment in values. Qualification can be achieved
through education and training, but fit is harder to change. A genius with
mismatched values can cause far more damage than an incompetent person.
8. Slow is fast. Life is not a sprint —
it's a marathon.