The essay outlines key strategies for building wealth, emphasizing automation of savings, real estate investment, skill enhancement for higher income, diversification in booming sectors, debt elimination, and multiple income streams. It stresses the importance of time and discipline in accumulating wealth, urging readers to start now rather than postpone their financial journey.

You总觉得自己赚得不少，但真的进了top 1%吗？美国社保局最新数据（2023年）扒出来了——年收入得达到79.4万美元才能挤进最富1%的行列。
换句话说，这群人平均每个月进账6.6万美元，每周超1.5万。有意思的是，这个门槛比上一年还下降了3.3%——说明顶层收入增长反而没跟上通胀。
如果你没到79万呢？
别灰心，看看这些数字：
- 进top 10%？ 年入14.9万就够了（超过90%的美国人）
- top 5%的门槛？ 35.3万美元
也就是说，6位数收入其实已经把你放在相当不错的位置了，虽然还远离"真正的富人"。
这很吃地理位置
但这还不是全部——同样是年入80万，在康

While inflation persists, several items have surprisingly become cheaper, including smartphones, TVs, solar panels, used cars, smart home gear, sporting equipment, cell plans, and electric vehicles. This trend is driven by technological advancements, competition, and improvements in supply chains. However, these lower prices may not last indefinitely.

Beyond Meat的故事很能说明问题。10月份这只股票7天内暴涨1400%，公司把11亿美元债务转成3.16亿股股票，股本直接翻5倍。结果呢？热度只持续了一周，后面一个月跌了79%，最后收在$1.65。
这背后的逻辑是啥？"钻石手"vs"纸手"这套说法在游戏驿站事件后火了，意思是坚决不卖（钻石手）vs一紧张就抛（纸手）。听起来很热血，但数据打脸了。
Beyond Meat在10月22日这天，日均交易量飙到22.2亿股——平均每股被倒手超过5次。这说明啥？绝大多数都是纸手快进快出，想赚个快钱，不是什么坚定的信仰者。
钻石手真正有用吗？有，但别用在烂公司身上。 NVIDIA这10年也跌过

Thailand's SET index fell 2.14% due to profit-taking across various sectors. However, positive signals from U.S. markets and potential Fed rate cuts could lead to a recovery on Monday, especially for beaten-down stocks.

Elon Musk clarified his ancestry on Twitter, stating he is of British/English descent rather than Afrikaner, akin to J.R.R. Tolkien. This distinction is significant due to the historical differences between the two backgrounds. Musk, a fan of Tolkien, had a challenging upbringing in South Africa, which he often discusses.

Quantum computing stock QUBT fluctuated significantly, ending the week down 3.8% amid market concerns over Fed rate cuts and AI valuation fears. Its future hinges on delivering quantum technology amidst ongoing volatility.

The headline: 5AM Venture Management just liquidated its entire stake in MoonLake Immunotherapeutics (NASDAQ: MLTX)—282,313 shares worth roughly $13.3 million, completely wiping out what used to be 5.12% of the fund's portfolio.
Why it matters: MLTX got absolutely hammered, down nearly 75% over the

Elí Lilly has achieved a $1 trillion market cap, driven primarily by its diabetes and obesity drugs, Mounjaro and Zepbound. However, intense competition looms, necessitating strategic pipeline expansions and advancements in new drug formulations for sustained success.

Recently, it's getting interesting: Waymo announced this week the launch of fully autonomous driving in five new cities: Miami, Dallas, Houston, San Antonio, and Orlando, expanding the number of operational cities to 10 in one go. Meanwhile, Tesla is still running 30 test vehicles in Austin, Texas, with plans to expand to 500 by the end of the year, but it still requires safety drivers to sit inside.
How big is the data gap?
Don't be too happy just because Tesla's stock price has risen by 28% in the last three months; wait a moment.
- Waymo has achieved: over 10 million autonomous driving miles, eliminating safety drivers as early as 2020.
- Tesla status: The city of Phoenix has opened permits but is not online yet, and Waymo has already driven over 400 cars.
- Technical Route: Waymo uses Lidar + Radar, Tesla relies entirely on cameras (lower cost but highly controversial)
The reason for Tesla
favorable factors

SoftBank sold its entire Nvidia stake to invest in OpenAI and a $500B AI project, shifting focus from hardware to software. This strategic pivot highlights a belief in greater future value in AI software models rather than just hardware, despite Nvidia's strong performance.

The true cost of raising a child in the future is shocking, with expenses in the first year ranging from $15,000 to $30,000, and total costs reaching up to $350,000 to $450,000 by the age of 18, mainly influenced by factors such as healthcare, childcare, and housing. College costs are additional, with public universities costing $40,000 to $80,000, and private ones exceeding $200,000. Overall, the cost of raising a child is comparable to the expenses of buying a car or a house.

The 57-year-old BYD founder Wang Chuanfu has recently become popular—not because of social media, but because of a statement made by Buffett's partner Charlie Munger on a podcast: "That guy at BYD is better at actually making things than Elon (Musk)."
This statement is quite straightforward. Building a global giant in new energy vehicles from scratch, Wang Chuanfu's resume indeed has some substance.
From a small town to the peak of the industry
Born in a small town in Anhui, Wang Chuanfu lost his parents at a young age and relied on his older siblings to support his education—this was his starting point. Later, he engaged in rare earth metal research in Beijing and in 1995 founded BYD in Shenzhen with a loan from a friend. At that time, no one expected that this battery company would eventually compete with Tesla for the top spot in the electric vehicle market.
The stake at a critical moment
In 2008, Buffett invested $230 million in BYD - that's no small amount. Munger later explained that what they valued was Wang Chuanfu's hardcore manufacturing ability and