80 years ago, Buffett realized value investing, finding the timing to enter in the divergence between intrinsic value and market price.

30 years ago, Duan Yongping began to touch the realm of the void in the battle with NetEase - he knew how significant the impact of games on human consciousness is.

Today, the market participants are different; they like Pop Mart, NFTs, and gaming stations, eagerly chasing crcl - the unseen and intangible narratives, emotions, and consensus have become market factors.

#InvestmentMemo