今天金融小群传疯了的PDF：付鹏老师汇丰私人银行的分享！值得每个中国人看一看，认清现实，才能居安思危！ 付鹏老师，算是在中国经济学家中，少有敢说真话的！🫡

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个人投资者最大的结构性优势不是信息，不是资金量，是"没有人要交代"。 基金有LP、有回撤线、有季度考核——被迫在最不该卖的时候卖。 作为个人投资者可以用波动率和时间换钱。别人因制度约束在底部交出的筹码，我捡

The adage "no one ever went broke taking profits" is a (potentially) dangerous fallacy because it centers the exit decision on your entry price. It treats profit-taking as a psychological reward rather than a strategic forecast. For any strategy that doesn't win the majority of

S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid. For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been