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The best investment you can make is in a company that is obsessively building something no one else can replicate.
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I spent three months studying JD.com before I invested. Most people spend three hours. That is the difference.
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David Swensen taught me that the best investors are not the smartest. They are the most patient.
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A moat that is not growing is already dying. Static advantages do not exist in a dynamic world.
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I came from a small city in Henan with nothing. Everything I have comes from education and the willingness to bet on myself.