Trading stocks or cryptocurrencies based on financial reports typically results in losses.

Financial reports are lagging indicators, and by the time they are released, one is already reacting to what has already happened.

The key is to anticipate, much like how the early signs of spring are detected by ducks on the river—being a regular user or customer is crucial.

Only by being immersed in the product or service can one truly sense whether it is improving or deteriorating.

However, being a user is a necessary, but not sufficient, condition.

To gain a comprehensive understanding, it must be combined with factors such as the business model, valuation, and growth potential.

#StockMarket #Cryptocurrency #FinancialReports #BusinessStrategy #GrowthAnalysis

People who delight in admonishing others are often the least willing to accept admonishment themselves.

Their tendency to criticize others stems not from wisdom, but from a deep-seated reluctance to reflect upon their own shortcomings.

Such individuals often exhibit a curious paradox: they are quick to offer correction, yet intolerant of being corrected.

#SelfAwareness #Hypocrisy #Wisdom #Reflection

This assertion is indeed intriguing.

If a market is characterized by venture capitalists congregating to profit through primary investments, solely relying on retail investors to absorb their positions, such a scenario is destined for impermanence.

Sustaining market vitality necessitates that a greater influx of capital generates profits through liquidity trading, such as secondary market speculation.

Take the U.S. stock market as an example: had prominent players like Berkshire Hathaway opted not to engage in secondary stock purchases for value investment, but rather engaged in rampant position accumulation via the issuance of new shares, American retail investors would have long been stripped of their fundamental assets.

#MarketDynamics #VentureCapital #InvestmentStrategy #LiquidityTrading