In recent days, I have published quite a few articles, ten the day before yesterday and eight yesterday. The reason for this is that I want to store a lot of the information I need for easy access at any time.
In the past, I mostly wrote original articles, which means I wrote them independently with minimal copying and pasting, usually just citing sources. This is mentally taxing, and I also need to sift through and select what I need to learn, which is visually exhausting. So now I am packaging and sending out information without further selection or filtering. Any articles I write will have an original label, indicating that the author is “无漏正阳” (Wu Lou Zheng Yang), and will also have the word “original.” Anything without an author indicated is a repost, not something I wrote myself, but found online. If there are any copyright issues or errors, please contact me for removal.
The materials I have shared are for learning purposes and do not guarantee accuracy. The system will not notify everyone; you need to visit my homepage to see them, so if you are not interested, you can ignore them; there is no disturbance.
I now feel that as I get older, my memory is getting worse. I even forgot my trading password at one point because I have multiple accounts with inconsistent passwords. My memory used to be very clear, but now if I don’t open some accounts for a week, I forget the password.
So I increasingly feel that keeping records is very important.
I often go out to play, and when I look back at a photo, I can’t remember where it was taken. So every year I make a book for myself to record what I have seen and heard throughout the year, including text, images, and videos (the videos are QR codes that can be scanned to view on a mobile phone). I have been doing this for over ten years, and they are all unique copies, so I can say I have published more than ten books, haha. If one day I become famous, these books should be quite valuable. Now I rely on these books to verify my past experiences. I can’t remember everything.
This is very valuable and worthwhile; otherwise, you wouldn’t remember where you went or what you did ten years ago, or what you were thinking at the time.
Sometimes one book a year is not enough, so I make special topic books specifically for certain events to serve as records.
This is the first part of my rambling.
Now for the second part of my rambling.
A few days ago, I wrote several articles about children’s education, and I estimate that some parents found them relatable. Recently, I have received letters from several parent readers seeking advice.
I am a normal school graduate and have studied education, but I don’t really understand education. I just look at some things from my own experiences. I feel that Chinese parents have too high expectations for their children, invest too much, and their entire lives are dominated by the life of one child. Some even suffer greatly, and in the end, the result is that the child is not nurtured, and they have wasted the most precious twenty years of their lives.
Life really only has twenty years that are the most precious; the following decades, to be honest, are not that enjoyable.
I will share some insights.
Where do children from ordinary families find their paths?
If your family is wealthy, you can do whatever you want, study art if you wish, read for as long as you want, and there’s no rush. Wealthy children only start to feel a sense of crisis when their parents are 60 years old. They can mess around in various industries like real estate, internet, and finance without any urgency.If you are an ordinary person, honest and simple, a child from a farming family, you don’t need to study too much; even if you do, it won’t be useful. Whether you become a top student or a PhD, engaging in research or academia, you still need to rely on connections and relationships. In universities and hospitals, it’s still a bureaucratic system, and even if you produce top-tier research results, your boss will still value your ability to endure hardship, treating you like a human-shaped robot writer. It’s tough, and in laboratories, there are often toxic substances, and many people in their thirties still can’t have children.Ordinary people with skills should engage in market-oriented work, using market mechanisms to evaluate themselves. If you do well, the market will reward you generously. The system is not suitable for everyone; the rules and regulations can be beneficial for those who want to be officials and have political aspirations, but for ordinary people, even saying a few good words feels shameful, let alone flattering or gifting to build relationships. If you enter the system, you will also be marginalized and treated like a workhorse.Some people can’t even adapt to the class group of a public school for their children.Today, you are asked to fill out forms, and tomorrow you are given a bunch of tasks that are overwhelming. It’s said that managing a child’s education is more demanding than working, filled with administrative and logistical tasks. On Teacher’s Day, everyone sends flowers and greetings to the teachers; if you don’t participate, it’s not acceptable. Otherwise, you can pay for a private school where teachers interact like shopkeepers.The system has its guarantees, but it also has its limitations. If you want to make money, you really won’t be able to if you are poor and have no support at home. Just having a position doesn’t make it easy to find a partner; many young women say they can’t stand a single civil servant without a house. It’s a tough situation.If you lack money, you should seek it from the market. The market has countless demands; if you do a small segment well, you can live freely and worry-free. People selling drones, for example, learn to repair drones and can earn tens of thousands a year. Not everything needs to be pushed into the system; the most important thing is that the system is currently the most competitive and oppressive. The only time it’s enjoyable is during the initial promotion period, which lasts a short six months, after which a long, dreary rainy season begins.What suits you is what is good. Capable people will succeed in whatever they do; the key is whether you will be happy.
Don’t have too high expectations. Looking back, we are all ordinary people, and the differences are largely due to fate. Without that fate, no amount of effort will help.
Look around at the familiar people; how many are like Jack Ma or Pony Ma? How many do you see on TV? A seventh-rank official is just a county lord, right? How many of those do we know? With over a billion people, don’t focus on just a few; your own child’s well-being is the most important, followed by their education and career. Don’t raise your child to be like an enemy; what’s the point of your investment if your child becomes successful but resents you?
Now let’s talk about the stock market.
Today, the market continued to fluctuate, with the ChiNext Index dropping more than 1% at one point but rebounding in the afternoon. By the close, the Shanghai Composite Index fell 0.04%, the Shenzhen Component Index rose 0.45%, and the ChiNext Index rose 0.68%.The total transaction volume in the Shanghai and Shenzhen markets was 2.34 trillion yuan, an increase of 64 billion from the previous trading day.In terms of market sentiment, there were more gainers than losers, with over 3,600 stocks rising. Nearly 90 stocks hit the daily limit.The robotics concept stocks surged.In terms of sectors, robotics, internet e-commerce, and logistics led the gains, while pork, non-ferrous metals, and film and television sectors saw the largest declines.Specifically, the robotics sector led the way, with over 20 stocks hitting the daily limit, including Hongchang Technology and Hanwei Technology, which both hit the 20% limit, as well as Junsheng Electronics, Dayang Motor, Shiyun Circuit, and Beite Technology, among others. Shoukai Co. has seen 9 limit-ups in 10 days.Low-priced stocks continued their active trend from yesterday, led by Shanghai Construction Engineering, with stocks like Baoxiniang, Haochen Medical, and Shanzigao Technology also hitting the daily limit. Is this the rhythm to eliminate 2 yuan stocks?
Industry capital flow: 3.298 billion net inflow into internet services.In terms of industry capital, by the close, internet services, automotive parts, and general equipment saw the highest net inflows, with internet services net inflow at 3.298 billion.
In terms of net outflows, small metals, banks, and batteries saw the highest net outflows, with small metals net outflow at 5.868 billion yuan.
One important thought, at least one I find very significant lately. Everyone might consider this; I throw out a brick to attract jade, and others can add to the discussion in the comments.
The index has reached 3900, and many large-cap tech stocks have already multiplied several times, with many reaching historical highs. Will this really follow the trajectory of the seven little dragons of the US?
How should we think about the future market? Who will guide the market going forward?
Are the valuations of these large-cap tech stocks reasonable now? Where is their valuation ceiling?
If they need to rise further to 4000, 4500, or 5000, which stocks will lead the market upward?
If they don’t rise, will there be a significant drop back to 3000 points or even lower, enriching a wave of people and then slaughtering most others, leading to another bull-bear transition? Will history repeat itself?
Have you noticed that this year, due to fewer IPOs, newly listed stocks have not yet experienced a collective market surge?
I am also quite confused. Recently, large-cap tech stocks have indeed been performing exceptionally well, but the higher they go, the more precarious it feels. But there must be a limit; how much have they overdrawn expectations?
Let’s think about these questions.
From a market perspective, there is currently ample liquidity, but the fundamentals do not match. Those high-performing stocks have far exceeded their intrinsic value, while many value stocks have not risen and are even declining. This wave of increases belongs to a structural rise in the market, not a comprehensive bull market.
Although I personally have a positive outlook on several stocks, I am very clear that even if I am optimistic, their prices are high and not my ideal targets.
Where will the future feast be? From the beginning of the year to now, the sectors I have favored, such as innovative drugs, small metals, and technology, are still doing well, but as they rise, the bubbles grow larger. How to harvest?
Where to go from here?
I don’t know either.
This is a big-picture thought.
On a smaller scale, the market remains in a state of fluctuation, with no strong breakthroughs and no significant declines. The index is still stubbornly moving upward step by step, without the past pattern of significant drops after a period of increase. The invisible hand is indeed powerful; could it really evolve into a Nasdaq-like bull market that rises steadily over ten years?
This is very exciting and thrilling.
Let’s look at something that happened in the Hong Kong stock market today.
Yaojie Ankang, saw its market value soar by 100 billion in a single day, with cornerstone investors Kangfang Bio and Yaoshi Technology seeing profits exceeding 50 times.
In the morning, it surged by 60%, with a market value exceeding 240 billion Hong Kong dollars. Later, it dropped over 40%, with an intraday fluctuation exceeding 100%, and the stock price fell below 250 Hong Kong dollars, with the total market value dropping below 100 billion Hong Kong dollars, with a transaction volume exceeding 3.5 billion Hong Kong dollars.
In a single day, its market value soared by 100 billion! How crazy is that?
This stock, which just listed on the Hong Kong Stock Exchange on June 23, has seen its price soar 50 times from the issue price of 13.15 Hong Kong dollars in just three months, with a cumulative increase of nearly 600% over the past five trading days.
With such drastic fluctuations, do you think this market is safe? It can make you rich one moment and leave you homeless the next.
Would you engage in such activities? Will our large-cap stocks become this crazy one day?
That’s all for today. Currently, there are very few comments in the first comment section, and even fewer with personal opinions. Everyone should share their thoughts and insights to benefit from collective wisdom. Three heads are better than one; don’t let me be the only one speaking here. If you find any value in this, even if it’s just one sentence, please share it widely so that more people can gain inspiration or enlightenment.