Wealth Model for the Next 20 Years: Cognitive Penetration and Super Compounding

In the past few decades, many high-net-worth asset allocation models have emphasized diversification, balance, defense, and risk avoidance.

However, we must acknowledge that starting in 2024, this traditional logic is gradually losing effectiveness in the world's top capital markets.

Behind the polarization of wealth lies not a gap in principal, but a gap in cognition. What tracks you understand, when you buy in, and whether you have enough patience to wait for returns—these three factors combined ultimately determine the slope of the asset curve.

The past 20 years belonged to the dividends of the internet and mobile internet;

The next 20 years will belong to the dividends of deeper technological revolutions.

The real risk of future wealth: not volatility, but cognitive deficiency.

The biggest risk in the next 20 years is not a short-term loss of 10% or 20% in your asset account.

The real risk is when the world is being restructured, and you are waiting for “stable returns” within old logic.

Technological revolutions never wait for anyone; when the new order takes shape, the opportunity window has already closed.

Cognitive penetration determines layout, layout determines compounding, compounding determines the final stratification of wealth.

In front of the compounding machine for the next 20 years, there are many smart people, but very few are clear-headed, and even fewer can withstand the test of time.

And true great wealth belongs to this very small group of people.