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In China, many parents purchasing a home for their son choose to register the property solely in their own names, excluding their son’s name and never adding their daughter-in-law’s name after marriage. Moreover, the mortgage does not need to be repaid by the young couple. This arrangement means the couple has only the right to use the property, not ownership. As long as the marriage remains stable, they may live there indefinitely. But if the marriage ends in divorce, the property has no legal connection to either spouse. Do you think this approach by parents is reasonable?

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In 384, the Former Qin general Lü Guang breached the kingdom of Kucha and captured the revered monk Kumārajīva. Lü Guang, amused by the monk’s youth, indulged in cruel whimsy: he had Kumārajīva forcibly intoxicated, then locked him in a sealed chamber with the princess of Kucha. Thus, the great saint was compelled to break his vow of celibacy. Kumārajīva was born in 344 in Kucha (modern-day Kuche, Xinjiang). His father, Kumārāyana, was an Indian nobleman who renounced his ministerial position to become a monk; his mother, Jīpó, was the sister of the Kucha king. Born into such distinguished lineage, Kumārajīva displayed extraordinary talent from childhood. At age seven, he left home with his mother to become a monk, memorizing 32,000 characters of scripture daily—his memory was flawless and his insight astonishing. At nine, he traveled to Kashmir to study under Buddhist masters; by ten, he had defeated adult scholars in royal debates, earning fame throughout the Western Regions. At twelve, he turned to Mahayana Buddhism. Upon returning to Kucha, he became the universally acknowledged spiritual leader of the Western Regions. Kings of the Western Regions would kneel so he could step on their shoulders to ascend the Dharma seat—his reverence was unmatched. At that time, Kucha was a cultural melting pot along the Silk Road, where Indian, Greek, Persian, and Han-Tang civilizations converged—planting within Kumārajīva the seeds of inclusive and syncretic thought. He could have lived out his life in serene veneration across the Western Regions. But the iron hooves of chaos shattered this peace and cast him into humiliation. In 384, Lü Guang conquered Kucha and captured the forty-year-old Kumārajīva. A soldier by background, Lü Guang was crude and uneducated, disdained Buddhism, and resented how everyone bowed before Kumārajīva—he was determined to humiliate this “saint.” At first, he tormented Kumārajīva by forcing him to ride wild horses and charge at frenzied oxen, laughing uproariously as he fell covered in mud with bleeding palms. Seeing Kumārajīva remain silent and patient, Lü Guang escalated his cruelty: he hosted a banquet and forced him to drink strong liquor; then, while Kumārajīva lay unconscious from intoxication, he locked him with the Kucha princess in a sealed chamber—forcing him to break his vow of celibacy. This humiliation not only shattered Kumārajīva’s pure monastic life but also concealed Lü Guang’s political calculation: he sought to destroy Kumārajīva’s sacred image to undermine Buddhist influence threatening his rule. Thereafter, Lü Guang established an independent regime in Liangzhou (modern-day Wuwei, Gansu), detaining Kumārajīva there for seventeen years. For seventeen years, Kumārajīva endured humiliation with patience. He set aside his status as a revered monk and immersed himself in learning Chinese and Central Plains culture—studying Confucianism and Daoism. Gradually, he synthesized the essence of Indian Buddhism with Chinese thought. He did not succumb to despair or complain about fate; instead, he transformed this suffering into a period of deep reflection and preparation—a time to understand the Central Plains and accumulate strength. In 401, Emperor Yao Xing of Later Qin conquered Later Liang and brought the fifty-eight-year-old Kumārajīva to Chang’an. He was honored as state preceptor; a special pavilion called Xiaoyao Garden was built for him to translate scriptures. It seemed his hardships had finally ended. But Emperor Yao Xing’s peculiar notion led Kumārajīva to break his vows a second time. Yao Xing deeply admired Kumārajīva’s brilliance and believed: “If such an unparalleled sage leaves no descendants, his supreme wisdom will be lost.” Ignoring Kumārajīva’s refusal, he issued an imperial decree granting him ten beautiful courtesans and ordered him to leave the monastery for a private residence: “Refusal means defying the emperor.” To continue his monumental translation work in Chang’an, Kumārajīva once again yielded—his second forced violation of celibacy. When news spread that the state preceptor had taken wives and concubines, monastic discipline in Chang’an collapsed. Many monks whispered: “If even our patriarch could marry, why must we uphold precepts?” Soon, illicit affairs and monks openly bringing women back to temples became commonplace—the monastic code was rendered meaningless. Faced with this chaos, Kumārajīva offered no excuses for his plight. Instead, he delivered a shocking demonstration that silenced all disciples. He rang the great bell and summoned all monks to the main hall. There, he placed before them a bowl filled with sharp silver needles. “If you wish to emulate me by marrying and having children,” he said, “it is simple: whoever can eat this entire bowl of needles like noodles may marry. Otherwise, abide faithfully by the precepts.” Without hesitation, Kumārajīva picked up the needles and chewed them one by one like noodles—swallowing them all. The monks stood stunned. One by one they knelt and bowed their heads in reverence. From then on, no one dared mention breaking precepts again. Later, Kumārajīva left this profound saying: “Like a lotus blooming in foul mud—admire the lotus, but do not take the mud.” He likened himself to foul mud—urging others to focus only on the Dharma he transmitted, not on his forced transgressions. Thirteen years in Chang’an marked the pinnacle of Kumārajīva’s life. He devoted himself entirely to translation, achieving an unprecedented cultural feat. Records state he translated 74 texts totaling 384 scrolls—including core Mahayana scriptures such as the Diamond Sutra, Lotus Sutra, and Vimalakirti Sutra. Before him, Buddhist sutra translations were rigidly literal—obscure and difficult for Chinese audiences. Kumārajīva pioneered a method called “faithful yet elegant”: preserving the original Sanskrit meaning while adapting it naturally into fluent, beautiful Chinese prose—each word a gem. His translation of “All conditioned phenomena are like dreams, illusions, bubbles, shadows; like dew or lightning—thus should they be viewed” remains profoundly resonant after millennia. More importantly, Kumārajīva’s translations profoundly influenced the Chinese language itself—introducing countless terms still in daily use today: “world,” “future,” “troubles,” “heart-to-heart connection,” “vast universe.” His disciples—such as Sengzhao and Dao Sheng—known as the “Eight Outstanding Disciples of Shih,” became central pillars of later Buddhist transmission. In 413, at age seventy, Kumārajīva passed away in Chang’an. Before death, he vowed: “I have translated over three hundred scrolls in my lifetime. If my translations are accurate and free of error, my tongue shall remain unburned after cremation.” When his body was cremated, all flesh turned to ash—except his tongue, perfectly intact. Thus arose the sacred relic known as the “tongue śarīra”—the highest tribute ever paid to his monumental translation legacy.

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December 6, 2008, was Musk’s darkest hour. At that time, both Tesla and SpaceX were on the brink of bankruptcy, with their cash flow on the verge of collapse. He humbly sought investment everywhere, enduring cold shoulders and humiliation from investors. Without new funding, neither company would survive until the next month. Musk had come to deliver a speech on SpaceX’s future development, but his greater hope was to secure investment from influential figures—so that both of his companies could survive. Yet, in the midst of the financial crisis tearing through the markets, securing new funding from outside sources seemed impossible. But perseverance was rewarded: after relentless effort, just three days before Tesla’s impending bankruptcy, investors committed to a new funding round, allowing Tesla to weather this darkest period.

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I never understand why the standard equipment for spiritual girls is always big mines? And most of them are super-sized mines! Did all the blondes save the universe in their past lives? https://t.co/SFwUnCuWMj

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Why are the wealthy happier during an economic downturn? They’re definitely happier—especially men born in the 70s and 80s. Why not? Enjoying the most thrilling experiences from an economic upswing at the lowest possible cost—how could you not be happy? https://t.co/1XsBbJCdQB

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Sun Zhen’s latest interview is of very high quality—you absolutely must watch it! He shared his recent positioning and market outlook. The full interview offers numerous insights on market views and portfolio allocations; key takeaways are summarized below: 1. Almost no allocation to A-shares, only for research. The A-share optical module sector benefits from overseas AI demand and domestic production capacity; he is bearish on traditional assets like liquor and bullish on new sectors. 2. Bearish on BTC: Risks from AI and quantum computing are underestimated by the market; Bitcoin is unlikely to achieve quantum resistance through a hard fork. However, he retains a baseline BTC position and did not reduce it during last year’s decline. 3. ETH position is only 20% and held passively. He reduced his ETH holdings by 80–90% between November and December last year at $3,600–$4,000 and has not repurchased since; during that period, he added to U.S. equities. 4. Slightly bearish on the Nasdaq in the medium term, but has not taken short positions. There is heavy concentration of capital; chips face risks of overcapacity; U.S. Treasuries are being drained by equity assets, and high interest rates will force capital back into bonds. 5. Bullish on AI applications, especially AI-driven health management; bearish on storage and optical modules. NVIDIA has limited upside potential; greater opportunities lie in AI applications, and sector differentiation will intensify in the future. 6. Expects the RMB to strengthen; market risks around U.S. debt are exaggerated. The U.S. controls core AI technologies, and there is no shortage of buyers for U.S. Treasuries. 7. Hyperliquid is a key innovation of this cycle; U.S. equity perpetual contracts expand the industry’s scope. Whether DEX can replace CEX depends on U.S. regulatory policy. 8. RWA has enormous potential; Tron is advancing U.S. equity tokenization in November to provide third-world investors with access to dollar-denominated assets.

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Going to Hong Kong now is no longer just about checking off tourist attractions. Many people travel to Hong Kong primarily to buy time and secure additional backup options. Directly exchange your mainland driver’s license for a Hong Kong license, making future international road trips easier. Pick up an overseas SIM card or eSIM at 7-Eleven on the way to solve verification issues with international platforms. Try opening bank accounts with HSBC, Bank of China, Standard Chartered, Zhongan, and others—open as many as possible. Set up a Hong Kong and U.S. stock brokerage account to diversify global assets and avoid the limitations of a single market. Take advantage of your trip to Hong Kong to unlock the ECG function on your mainland Apple Watch, which is otherwise restricted. Popular attractions like Disneyland and Victoria Harbour are rarely the main reason people visit. This isn’t tourism—it’s about riding the wave and preparing ahead of time.

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These are the best things the average person in China can access right now: 1. Apple products 2. Tesla 3. Sam’s Club milk 4. McDonald’s 5. Coca-Cola 6. Starbucks They are also the most worthwhile investments for Chinese people to commit to fully. https://t.co/f5UtQaHIOc

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Excerpt from Zhou Jintao’s classic 2016 speech: What does “wealth in life comes from the Kondratiev wave” mean? Zhou Jintao: A renowned Chinese macro strategy analyst, widely regarded as the “King of Cycles.” Former Chief Economist at CITIC Construction Securities, he specialized in analyzing global economic trends using the Kondratiev wave theory. His core ideas are summarized in “The Theory of Wave Cycles,” with his most famous assertion being: “Wealth in life comes from the Kondratiev wave.” He believed that the primary opportunities for wealth accumulation in a person’s lifetime stem from economic cycle fluctuations, rather than solely from individual ability. In 2016, Zhou Jintao passed away from cancer.

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From a Taoist perspective, anything that stirs your emotions is often something you’ve become attached to. Those who recognize their own attachments possess awareness. If you expand this awareness to observe why you experience emotions, you are someone with introspective ability. If you can use introspection to examine the root causes of your attachments, you are someone who can transcend appearances. By transcending appearances, you dissolve attachments, shifting from being governed by external circumstances to mastering them through your mind— this is the state of enlightenment. Those who achieve this level are exceedingly rare!