Many people are waiting for the day when some neglected zones in the market truly emerge. In fact, this process itself is a process of creating value—those discovered targets have often completed the transformation from being overlooked to being widely followed. However, there is a prerequisite: never extend the waiting indefinitely. The longer the time drags on, the more the value's gold content will gradually erode, and the opportunity window will quietly close.

From a macro perspective, the index is actually in a sustainable bull market cycle. In the short term, this is a trend market that may last until next year; however, if we extend it to a thirty-year or even longer cycle, the long-term trend of the index is actually a prolonged bull market. This is not an exaggeration, but a reasonable inference based on market structure and development stages.

Given this pattern, the future fluctuations are bound to be particularly large. The past two years have coincidentally been a rare period of relative stability—this is an extremely precious opportunity window that must be seized. If we divide the next ten years into two five-year periods, the environment and conditions in the first five years are relatively favorable, but it is hard to say what the latter five years will be like.

There is a deeper logic behind this: those easy-to-earn profits and those easily grasped moments are becoming increasingly scarce. So one must learn to cherish the present. Of course, missing out on certain opportunities is not frightening in itself, but what truly becomes the most valuable asset is learning something from every market cycle and accumulating real investment experience. If you can't learn this time, there will be opportunities in the next cycle; but if you don't even have the awareness to learn, then it really was a wasted journey.