Investing is investing in people. When Wang Ning started his grid shop, Mai Gangpu said he would become the leader in new consumer trends; the founder of Insta360 had nothing after graduating college, but investors thought he was awesome and invested 2 million; Musk was crying and begging everywhere, almost failing, until someone saw his potential. Looking long-term isn’t about what someone is doing or has now, but what they’ll have in the future. I missed out on many great opportunities because I didn’t understand this. ‘Research’ is the biggest stumbling block.