ICan_tUnderstandSOL

# Trump Earned Nearly $10 Billion
The position of U.S. President is not only the center of global power, but also the center of global wealth.
In recent days, *Forbes* released its annual global billionaire list.
The results shocked everyone. Trump, who has been plagued by lawsuits and even rumored to be facing bankruptcy, is not only not broke—he's become incredibly wealthy.
In the year he became president, his personal net worth jumped directly from $5.1 billion to $6.5 billion.
Breaking it down, he earned a net of $1.4 billion in one year (approximately 9.655 billion yuan).
So where did thi

# Explosive! Meta Starts Laying Off Programmers, But What's Really Terrifying Isn't the Layoffs
These past few days, a bombshell hit the tech world. Meta is preparing to lay off 20% of its workforce—close to 15,000 people.
The company is pouring money into AI, so it needs to cut labor costs.
In plain language: replace humans with machines.
This layoff is completely different from the past. Previously, layoffs happened because the economy was bad.
Now, layoffs are happening because AI is too powerful. I remember just a few years ago, everyone unanimously believed that AI's impact on employment

Regarding cryptocurrency players, secure fund withdrawal and unrestricted US stock investment, the fastest cross-border card method is still the "Hong Kong card." I've specially compiled a comparison chart of account opening conditions, required documents, and fees for Hong Kong's nine major banks.

# The Seven Levels of Trading Awakening: From Gambler to Awakened Trader, Which Level Are You Stuck On?
Brothers, after soaking in the red and green ocean of K-lines for long enough, you'll discover that trading has never been a game of getting rich quick through one perfect prediction. It's an awakening journey of breaking through layers and inner cultivation.
The seven levels in this chart represent the real transformation trajectory of countless traders from "betting on luck whether prices go up or down" to "stable profits without panic."
## Level 1: Guessing Direction — The Beginner's Game

Comparing Warren Buffett and Duan Yongping's Holdings—Nearly 8 Percentage Points Difference in Returns?
The latest holding data for Warren Buffett and Duan Yongping is fascinating! Buffett's portfolio gained 11.72% over the past year, while Duan Yongping surged to 19.43%, with a gap of nearly 8 percentage points.
In terms of portfolio structure, both heavily concentrate in Apple, but the proportions differ significantly: Buffett only holds 22.69%, while Duan Yongping allocates over 60%, essentially betting almost everything on Apple. Buffett continues to hold classic positions like Coca-Cola a

# Books Recommended by Warren Buffett (Worth Reading Repeatedly, with Brief Reviews)
**Rating: Must-Read Classics for Investing 💎**
- *The Intelligent Investor* — Just read it
- *Security Analysis* — The foundational work of security analysis
- *Common Sense on Mutual Funds* — Essential reading for fund investors
- *Warren Buffett's Letters to Partners (Original Text)* — Two words: must read
- *The Wealth of Nations* — Difficult but essential reading
- *How to Pick Growth Stocks* — The underlying logic of Buffett's mid-to-late career investments
**Five-Star Rating: ⭐⭐⭐⭐⭐**
- *Berkshire Hathaw

Dan Bin said that the fundamental rules of the US stock market have never changed. Almost every year, there is a decline of more than 10%, which is a normal part of market operation rather than the end of risk. Looking back over the past three years: in August 2024, the yen interest rate hike triggered a capital outflow, causing US stocks to adjust accordingly; in March and April 2025, escalating trade frictions led to panic selling and a drop in the indices; in February and March 2026, increased geopolitical conflicts in the Middle East once again stirred market turbulence. Although the cause

Even good companies should be bought at low P/E ratios. Warren Buffett teaches us to patiently wait for cheap good companies and not chase prices higher.
P/E ratios at entry for Buffett's classic investment cases:
1. 1972 See's Candies: 11.9x
2. 1973 Washington Post: 11.9x
3. 1980 GEICO: approximately 5x
4. 1985 Capital Cities/ABC: 14.4x
5. 1988 Coca-Cola: 13.7x
6. 1990 Wells Fargo: 4.3–6x
7. 2003 PetroChina (H shares): 5x
8. 2008 BYD: 10.2x
9. 2008 Goldman Sachs: 7x
10. 2011 IBM: 13.5x
11. 2016 Apple: 14.7x

2026 Global GDP Ranking Released!
The United States leads by a landslide with $31.8 trillion, its advantage remains absurdly large;
China firmly holds the second position with $20.7 trillion, and the gap with the top spot remains the most notable aspect globally.
Looking at the second tier, India has surpassed Germany to rank fourth, the rise of emerging markets is visible to the naked eye. Germany, Japan, UK, and France remain in the leading positions, while Russia, Canada, and Brazil have maintained their foothold in the first tier.

Collection of domestically developed lobsters, share your experiences if you've used them:
Dark Side of the Moon KimiClaw: One of the earliest domestically developed lobsters, requires purchasing the Kimi membership for 199 RMB/month. I am currently using this one, honestly it's quite average, planning to find a replacement.
MiniMax MaxClaw: Launched last week, offers 50G cloud storage and direct connection to Feishu/other domestic ecosystems, priced at 39/119 RMB per month depending on the plan. MiniMax claims to be the most suitable domestic large model for use on claw, I might switch over.

It's been 9 days now. During these 9 days, there has been a lot of information, many false reports, but one basic fact remains unchanged:
1. Iran is not that weak;
2. The US is not that strong.
As for how many US military bases in the Middle East have been destroyed, or how much of Israel and Iran's mainland has been bombed, those are no longer important. The most crucial point is that failing to take Iran in 9 days is a failure in itself. The longer it drags on, the more likely it is to be exposed.
Actually, since the 9 days, the intensity of the war has decreased; both sides' bombings are le

Nice! Recently got a Mac mini base model, paired with that vintage docking station, and this setup feels really awesome. I couldn't help but show it off a bit.
The 16G + 256G budget Mac mini is now basically a lobster farming station.
Running 24/7 in low power mode, raising some small lobsters (running small models and automation tasks), maximizing cost performance.
Paired with the Wokyis M5 dock that looks like a Macintosh, both looks and functions are top-notch. The 256G storage anxiety is also solved, and the desktop looks better too.
About the Mac mini lobster farming setup:
· Lo

Duan Yongping: Five Steps to Help Everyone Identify Money Printing Machine Companies!!
Duan Yongping views business models as the primary filter for investment.
In his eyes, a good business model's core is the ability to generate abundant free cash flow over the long term and to be difficult for competitors to copy—like a "money printing machine" business.
Below are the five main criteria he uses for judgment:
1. Long-term stable cash flow and high profitability
A good business model can "consistently generate substantial profits over the long term and maintain stable net cash flow," often des

🇺🇸 The Top 10 U.S. Stock Market ETFs
Simple and straightforward, long-term holding, lifelong retirement
1. VOO – Vanguard S&P 500 ETF
The largest low-cost ETF tracking the S&P 500
2. VTI – Vanguard Total Stock Market ETF
A total market ETF covering large, mid, and small-cap stocks across the U.S.
3. Q – Invesco QQQ Trust
Focused on the tech giants of the Nasdaq 100 ETF
4. SMH – VanEck Semiconductor ETF
Representative of the semiconductor industry benefiting from AI and chip waves
5. VGT – Vanguard Information Technology ETF
The purest tech sector ETF with high weights in Apple and Microsoft

A netizen asked Duan Yongping, after you buy a lot of company stocks, there will definitely be a period of significant stock price decline. How much did you lose at your worst, and how did you psychologically comfort yourself?
Duan Yongping said that after he bought Apple, there were several times when Apple dropped more than 40% from its peak, and even more times when it dropped 30%. He said he didn't pay much attention to it and didn't mind.
With decades of investment experience and many successful cases, Duan Yongping also couldn't buy at the lowest point or sell at the highest point, and h

1 Minute Quick Guide to the "Circuit Breaker"!
Just now, the Korea KOSDAQ index dropped over 8%, and the exchange urgently activated the circuit breaker, pausing trading for 20 minutes.
To make it easy for everyone to understand at a glance, I’ve created an infographic, using the most familiar U.S. stocks as an example, so you can understand it at a glance.