No matter how you look at it, the core of the stock market is this: → [Thinking about thinking] The key to the stock market isn’t analyzing balance sheets, evaluating management, or assessing competitive advantage— it’s whether the company’s information is already reflected in its stock price. → This is also why I sold Palantir. Palantir is undoubtedly a great company with tremendous growth potential, but now everyone knows what kind of company it is, and its price has already fully reflected that knowledge. All you need to do is buy and hold stocks where expectations have not yet been priced in. Users who achieved high returns by trading Palantir and Tesla on X may have simply waited for the price to rise, and continued holding despite the gains for various reasons—such as staying aligned with the company’s journey. But some may also be holding simply because they don’t understand this principle, and wrongly assume that since the company is good and has a bright future, its price will inevitably keep rising.