Had two drinks over the weekend and surprisingly felt more sober.

During a bull market, everyone discusses narratives, valuations, and the future. When a bear market arrives, everyone is left with only one question: can we survive until the next cycle.

Most people lose money because of their timing. They don’t dare to buy when prices are rising, don’t dare to sell when prices are falling; they get excited about hot topics when they surge, and fear going to zero during pullbacks. Emotions always run ahead of cognition, and in the end, they can only be repeatedly educated by the market.

The alcohol is finished, and the weekend continues.
Even if the market is bad, life still goes on.