Duan Yongping's Six Core Principles

1. Passion is the most efficient compound interest

Only by truly loving something

can one invest continuously without concern for gains and losses.

This heartfelt passion will transform into long-lasting endurance,

and the combination of time and endurance

will ultimately create an insurmountable moat.

2. The Threefold Foundation of Long-termism

Long-termism is not merely about 'holding',

but is built on three levels:

1) Choosing the right direction (track or partner),

2) Maintaining intrinsic passion (not getting tired),

3) Staying calm amidst fluctuations (patiently waiting).

None of these can be omitted.

3. The Essence of Investment Returns to Common Sense

The cornerstone of investing lies in adhering to simple and eternal common sense:

seeking truly outstanding companies that create value for society.

Market prices will eventually fluctuate around the intrinsic value of companies,

and time is a friend of good companies.

4. The Wisdom of Subtraction in Decision-Making

Excellence in decision-making does not come from doing more,

but from resolute choices.

Only do things that you truly understand, resonate with your heart, and hold value,

and actively eliminate distractions that are 'not understood, not agreed with, and not profitable'.

5. A Free Life Comes from Focus

The ideal state of life is to achieve inner calm and ease.

This does not come from aimless freedom,

but from finding a career you are willing to invest in continuously,

and gaining spiritual freedom through focus and creation.

6. Luck is the Accumulation of Correct Actions

Luck is not accidental;

it is the natural result of consistently standing in the right direction

and continuously doing the right things.

Essentially, it is the inevitable feedback of probability to long-term correct behavior.