Trust Perspective | Can You Foresee March Events, Will There Be No Poor in the World?

Humanity, knowing affairs of three days, wealth and honor last ten thousand years; following this path, knowing affairs of three months, isn’t the world full of the impoverished? Precognition only happens in time-travel movies like “Back to the Future,” and has no real discussion value in reality, but let’s try a thought experiment.

The truly surprising thing is not the waves of shock, but that beneath the turbulent waters, the market is only 4% below its all-time high. Ayatollah Khamenei indeed died on the first day of the U.S. military attack on Iran, but the U.S. beef remains perfectly fine, just as Nadia Schadlow blurted out two words when Ezra Klein pressed her: Yes. OK.

Wall Street giant Bank of America just released a new “Global Fund Manager Survey.” In the eyes of these professional investors, the top three tail risks in the market are geopolitical conflicts, inflation, and private credit.

Ultimately, money is just money; there’s no difference between clever and foolish. Perhaps, the one who considers themselves foolish is actually the truly smart one.

(Excerpt)

Bi Laolin Investor’s Diary

Please see today’s China Times for the original.