#PALU PALU Smart Classroom:

Patience - the highest realm of investment!
The only free lunch in the financial markets is time.
The myth of Buffett's annualized 20% compound interest essentially crushes market fluctuations over half a century. The S&P 500 index has an annualized return of 8% over nearly a century, which may yield nothing in a three-year cycle, but over a twenty-year horizon, it can always navigate through bull and bear markets. High-frequency traders pay a trading cost of 2% each year, which is equivalent to automatically giving up a potential 25% return over ten years.
The value curve of top investment products presents an exponential shape: for the first 80% of the time, only 20% of the increase is accumulated, while the last 20% of the time completes an 80% leap in value. This requires investors not only to have penetrating awareness through the fog but also to possess the resilience to combat the anxiety of human nature. When you examine the current fluctuations from a ten-year perspective, 99% of the noise will automatically be muted.
Truly high-quality assets never need to be "held"; they are inherently friends of time. Stop calculating daily fluctuations and let investments return to their essence—holding value tokens and participating in the underlying logic of human economic growth. Patience is not about endurance, but rather a cognitive realization that transcends the dimension of time.