Moving into 2026: Hard Lessons from a Growth Market Cycle

When 2026 begins, looking back on a complete growth market cycle, what remains is not the profit figures, but the lessons deep enough to change the way of thinking and living. Below is a summary of the most important experiences — not to boast about achievements, but to remind oneself to go slower, more steady, and more alert in the next phase. 不要强求不属于自己的东西 Anything that requires forcing, trying to push through at all costs, rarely yields good results. In investing as well as in life, when you feel “forced,” it’s best to stop. Letting go at the right moment is not a failure, but a form of wisdom. Not Every Wrong Is Your Fault Some things never go smoothly, constantly encountering glitches. Instead of blaming yourself, try stepping back a bit. The problem may not lie in your ability, but in the timing. Sometimes, the lack of smoothness is a way to protect you from bigger losses. To Make Big Money, You Must Wait for the Big Waves Big profits only appear when the market is large enough. But to ride a long wave, the hardest part is not analysis, but the courage to hold. Most people give up too early, not because they are wrong, but because of impatience and lack of courage. Life Is Like a Dealt Hand Everyone is born with a different “deck.” Some hold rare opportunities, either winning big or going broke. Once you’ve decided on a direction, stay committed to it. Continuously changing strategies and goals only make efforts scattered and meaningless. Kindness Is a Form of Long-Term Investment Don’t think about using tricks or tricks to gain an advantage. The traps set for others will eventually come back to you. In the long run, kindness and transparency are always the safest strategies. Buy the Best Within Your Means and Use It Long-Term Whether it’s assets, tools, or investment opportunities, choose the best option within your capacity, and stick with it long-term. Instead of constantly upgrading or trading, perseverance creates real accumulated value. Avoid Auction Games Places where prices are driven up by emotion and blind competition rarely provide an advantage. When you have to compete to buy, it’s usually when risks outweigh potential profits. Action Turns Knowledge into Power Knowledge that remains only on paper has no value. Only when put into practice and tested against reality does it become true capability. Investments Must Be Tied to the Actual Cycle The holding period should be based on how long you are willing to “freeze” your capital. Expected gains should be considered within the context of a complete cycle, from bottom to top, rather than short-term fluctuations. All Investment Wisdom Can Be Summed Up in Two Words: Patience The smartest person is not necessarily the one who wins, but the one who persists the longest until the end. For me, “stability” is not just a strategy but a destiny. Going a little slower is fine, as long as you remain standing on the playing field when the opportunity truly arises.