The market is like this, one day it’s a cat, the next day a dog, unpredictable and oscillating chaotically. Just when you think it’s going well, it immediately douses you with a cold shower. The end of investing is about seeing who can endure, who can survive. Being able to withstand three cycles of bull and bear markets makes you not just a master, but a seasoned investor. Build high walls, accumulate grain widely, and wait patiently to become king. If you can endure until spring, you will make huge money; if you fall during winter, you are just a “desolate skeleton” after a great victory.

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