- "Never believe in any grand narrative logic. This world is a scam and a makeshift stage."
- "Do you still remember the logic of the housing market? Haven't you painfully realized yet? Six wallets, mother-in-law economy, the three major bubbles in the world: one is the U.S. stock market, the third is China's real estate, right? The three major pillars will never have problems because once there is a problem... In the core areas of first-tier cities, comrades, there will definitely be no issues. Extend the cycle, and the result? Isn't it said that once housing prices drop by more than 20%, the economy will collapse? The banking system won't hold up? But the result is that housing prices have dropped by 30% - 40%, and bank stocks are at record highs. Explain that. Those real estate bloggers said, didn't they? That housing prices in China cannot drop below 30%. Do you know why? Because 30% is everyone's down payment ratio. If China's housing prices drop below 30%, many people's down payments would be wiped out, leading to a massive increase in loan defaults at banks. At that point, the pressure on banks would be immense, resulting in a plethora of bad debts, and the banking system would collapse. The financial system cannot collapse, so the country will definitely support the banks, and thus will definitely prop up real estate. It's impossible for prices to drop by 30%. Right? Many people think it makes a lot of sense, right? 20% or 30%? So I can buy now. This is an absolute bottom; the logic is very clear, very correct, right? Then it turns out, how is it still falling? And then you see, wasn't it said that the banks would... hey, bank stocks hit a new high today, and you are left dumbfounded, thinking that back then, it would have been better to buy bank stocks, right? Do you remember those bloggers, so confident, right? The so-called experts, who tell you these things every day, right? Because you don't understand, you really don't understand, and then you will be deceived by this seemingly reasonable narrative logic. Those real estate bloggers, they are indeed bad, but do you know they really believe in this theory? Selling you a house can still make some money; they have even convinced themselves."
- "So if you don't want to be fooled by those so-called narratives that seem reasonable but are actually nonsense, if you don’t want to be brainwashed, or if you want to hear something truly useful and foundational, regardless of whether you trade stocks or invest, I think you should join my membership. I will share with you some foundational logic. We won't talk about public live streams here. Let's discuss the three problems facing the Chinese economy. I was directly carried away. Listen to something good, eat something good. After you listen to my internal live streams, you'll find other people's opinions to be ridiculous. Of course, there are still some capable people out there, but those capable people generally don't share with you. The ones who do share might have average skills."