Individuals with high financial literacy can master skills such as cash flow management, investment thinking, credit management, risk awareness, and tax planning, thereby improving their personal financial situation. Learning financial knowledge helps in making rational decisions, identifying eyewash, and ultimately achieving the goal of controlling one's economic destiny.

The essay discusses the significance of different types of price gaps in trading, emphasizing breakaway gaps as trend initiators, continuation gaps as signs of exhaustion, and blow-off tops as dangerous signals for traders. Understanding these can improve trading strategies.

The essay challenges the myth that 90% of millionaires built their wealth through real estate, presenting data that reveals a more complex reality. It emphasizes that most wealth is generated through employment and entrepreneurial efforts, advocating for hard work and smart financial choices instead of relying on property as a guaranteed path to riches.

Crypto markets have experienced significant selloffs, with Bitcoin and Ether declining over 2%. Despite panic in retail trading, institutions are proactively expanding and investing, signaling potential recovery amidst market fear.

In an era of shale oil overcapacity and pressured crude prices, U.S. energy giants like ExxonMobil are shifting strategies, focusing on cutting capital expenditures and enhancing cash flow. Their innovative approach includes investing in AI data center energy supplies, indicating a response to new energy demands. While maintaining strong profits and dividends, the sustainability of this transformation hinges on ongoing demand for AI power.

Joby Aviation is a pre-revenue eVTOL company aiming for FAA certification by 2026, following successful flight tests. Investors are betting on regulatory approval, but profitability remains years away.

Many people think that shorting hurts stock prices, but the data speaks for itself: the actual situation is completely different.
The true role of shorting
It seems that shorting is terrible, but 40%-50% of the trading volume in the US stock market is shorting every day. This is not because there are big bad actors crashing the market, but because market makers and arbitrageurs are maintaining market liquidity. Their short positions are usually closed within a few minutes to a few days – it's not about holding positions to suppress stock prices.
Hedge funds are the long-term shorters, but they hold about $1.5 trillion in net assets and typically have hedged positions (both long and short), with only less than 1.3% of hedge funds specializing in shorting.
What does the data say?
- The shorting ratio of most stocks is quite small: the median is only 5% or less of the circulating shares.
- Delivery failures are very rare: on any given day, 75% of stocks have no delivery failure records at all, and 96% of companies' delivery failures are below 10,000 shares.
- Loss

Tesla is struggling as its EV growth stalls, with declining deliveries and shrinking margins, while competitors excel with profitable ventures. Despite hype over its robotaxi service, it remains unproven. Tesla's high valuation contrasts sharply with the profitability of other tech giants, making it a risky investment.

The Gates Foundation's recent sale of Berkshire Hathaway shares signals concern over high market valuations. With Berkshire holding substantial cash and the Foundation trimming positions, it reflects top-tier investors' cautious stance, suggesting preparation for future buying opportunities.

The Arctic is becoming vital for rare earth minerals due to climate change revealing untapped resources. The U.S. is seeking to diversify supply chains away from China, leveraging potential deals with various countries and investing in ETFs focused on these minerals. Both highlighted ETFs have seen significant gains, showcasing growing demand and strategic shifts in the market.

Elon Musk dropped $44 billion on Twitter back in October 2022, paying $54.20 per share to take it private. Sounds like a power move, right? Not so much.
Fast forward to now: Fidelity values X at just $9.4 billion — that's a 78.6% nosedive from the purchase price. If you'd bought $1K of Twitter

Short selling is often misunderstood and unfairly criticized. It involves selling stocks one doesn't own to buy back at a lower price, with most activity conducted by market makers and arbitrageurs for market efficiency. Regulations ensure its integrity, and research indicates that short selling can enhance market liquidity and price accuracy. Overall, short selling plays a crucial role in maintaining market function rather than causing harm.

Novartis received FDA approval for Itvisma, a gene replacement therapy for spinal muscular atrophy, boosting its stock by 3%. This therapy, targeting patients aged 2+, offers new hope and expands the market beyond pediatrics, despite unpredictable pricing and uptake risks.

The father of economics, Adam Smith, proposed a concept more than 200 years ago – the invisible hand. In simple terms, it means that while everyone is pursuing their own interests, these selfish actions together can actually drive the entire market to operate in a direction that is beneficial to society.
This sounds a bit magical, but it is particularly easy to understand in the crypto market.
Why do cryptocurrency prices adjust themselves?
The coin prices you see on the exchange are not set by some big shot, nor are they determined by the project team. Each buyer and seller trades according to their own thoughts—some buy because they are optimistic, while others sell out of fear. Thousands of trading decisions come together to form the real market price. This process is completely decentralized, with no one in control, and it accurately reflects the true supply and demand dynamics of the market.
For example, if a project suddenly releases good news, investors assess it and find it valuable, starting to buy in. Demand rises, and the sellers also sense the opportunity.

The essay discusses the distinction between pullbacks and reversals in trading. Pullbacks represent temporary price dips in an uptrend, while reversals indicate a trend change. Successful traders use technical indicators to identify opportunities, emphasizing the importance of strategy and composure during market fluctuations.

Real World Asset tokenization? More like "Real World Rebranding."
Here's the tea: RWA projects are basically DeFi founders who got burned by governance tokens and rug pulls, now pivoting hard into "blockchain will revolutionize finance" 2.0. They're right about the vision—token化真的能改善私募市场的古董级基础设施（目前