A few days ago, a fan friend asked me that he had been investing regularly and had not sold during the bull market.

He really wanted to sell it, but the teacher told him not to.

He said he regretted it very much, and 10 million just turned into 3 million.

He asked me if the master was fooling him.

Regarding this question, let me tell you a story.

You are a young man from a small town. After unremitting efforts, you finally gained a foothold in the city. When you were in school, you were known as the king of papers. Almost no one could get better than you. You could do 12 points of what others were willing to do, and you could do 10 points of what others were unwilling to do.

After graduation, you finally entered a company. No one can rival you in terms of business capabilities. You were used to being the number one when you were in school. No matter what you do, you tell yourself that you must be the number one.

HR reads your resume and thinks you have great potential and wants to focus on training you, so she finds a mentor for you. The mentor's name is Han, he is one of the founders of the company, worth hundreds of millions, and now he gets millions in dividends every year. His stocks increase in value by 10% every year. He is also about to retire.

He tells you that he originally wanted to enjoy life and retire, but now he can't do that because you are here. He is particularly optimistic about you and wants to train you to be like him. He tells you that as long as you work hard, you will have shares when the subsidiary goes public and you will be the CEO. My today is your tomorrow.

You think the teacher is so kind that he thinks highly of you. You have great respect for him. In this cold city, you have long regarded him as your father.

You are a young man from a small town, and when you see that the senior employees in the company value you so much, you work overtime day and night without caring about your own safety.

You never covet wages, you take whatever your master says, 20,000 a month, this is the result of your three years of hard work. Although it is much better than before, but you need to buy a car, a house, get married and have children, this amount of money is not enough.

Because you are so outstanding, the competitor company starts to recruit you, but you remember what the master said, and you directly refuse. You think that you were taught by the master, and the master will recommend you to be the CEO of a subsidiary in the future, so how can you betray the company?

The other party promised to give you an annual salary of 300,000, but you refused. After another two years, your salary is still 20,000 a month. Your girlfriend told you to buy a car and a house, otherwise there is no future for you. You asked her to wait a while, because the subsidiary will be established soon, and your annual salary will be at least 800,000 a year. Wouldn't it be easy to buy a car and a house?

During an industry exchange, you met Xiao Shuai, who was recruited with you. He was poached by a rival company and told you that he now has an annual salary of 500,000 yuan and is the head of a department. Their company is going to go public and he has received a lot of stock options.

You looked at his company, and it was the same company that poached you. You felt a little regretful and disappointed. You didn't go because you believed in the old master's words that you would become the CEO of the subsidiary one day. You thought that everyone has a different destiny, so you should just take care of your own business and work hard.

Later, a crisis occurred in your industry, and your salary dropped from 20,000 to 15,000, and then from 15,000 to 8,000 yuan. The old master's salary also dropped from 1 million to 700,000, and his dividends also increased from 2 million to 1 million.

The old master can see that you are in distress, and he keeps comforting you, telling you that you just have to get through it. His income has also decreased a lot, and he is suffering together with you. His fortune is in this industry, and this is how the industry is. You know that what the old master says is right and makes sense, but you can't make a living now.

The old master's company is the leader in the industry, but now the industry is in crisis, and you know that you just have to get through it. You live frugally, and you no longer have the suits and the confidence you once had, because you only have a salary of 8,000. You look at your savings, and after so many years, you have only saved less than 200,000. Life is too difficult.

At this time, your former company comes to recruit you again, saying that with your qualifications, they will offer you an annual salary of 300,000 yuan. You curiously ask about Xiao Shuai, and find out that he has become a manager and has been assigned to another province as the manager of the head office. Xiao Shuai is young and now earns 600,000 yuan a year. You are still only earning about 100,000 yuan a year.

You wonder why there is such a big difference in life. You ask the other party, why is Xiao Shuai's salary so high, the other party says high? In this industry, it is very normal. Originally, Xiao Shuai's salary was 800,000, but because of the decline in the industry, he can only be paid 600,000 now.

You were confused by all this, and ultimately you still did not agree to go there with the other company, because your company has devoted several years of your talent to it, and you wanted to become the CEO of a branch of the company, to take the company public, and to get options and gain financial freedom.

Your master has finally retired. He taught you all the skills he knew, and taught you to work hard and cheer up. Now he is going to enjoy life.

You have learned everything from the old master and have the ability to work on your own, but the industry is not developing well and the company has decided not to set up a branch for the time being.

But I can give you a position as a partial manager, and your salary will increase from 8,000 to 15,000. After another half a year, the industry has improved and your salary has increased to 20,000.

Xiao Shuai's salary is 800,000 yuan a year. At a party, you learned that Xiao Shuai had resigned. He had already received the stocks and cashed them all. He now wants to start his own company and invites you to join, hoping that you will be a partner. You hesitated again.

You tell yourself that as long as you persist, the master has told you that as long as you persist, his today will be your tomorrow, and you must not leave.

You still have shares to get and the position of CEO.

Xiao Shuai sees your hesitation and tells you: You are such a stubborn person. Why can't you change your mind?

Your master has shares, salary, and position. No matter how bad the industry is, he is still financially free. But you, if your income is only ten thousand yuan less, you will be crushed to death.

You are applying the master's method to yourself. Aren't you courting death? You have fallen into empirical dogmatism.

The old master can’t predict whether the subsidiary will succeed or not. If it succeeds, it’s your fate, but you have to wait. If it doesn’t, he will still be financially free, and you will still be the same. People have to learn to change. The industry has changed. He couldn’t have held on to it back then. If you want to hold on to it, you have to have his conditions. If you have nothing, just learn from the old master. Can you survive?

After listening to what the old master said, you suddenly realize that what the old master said was not wrong, it was just that the old master was limited by his own experience.

It’s not that you are wrong to follow the old master’s path, it’s that it is too right, which leads to a lack of innovation. So your choice is your result.

In the end, you rejected Xiao Shuai and decided to continue with the old master. You can't give up after so many years of hard work.

Xiao Shuai looked at your receding back and sighed: What a pity.

Many years later, you met Xiao Shuai, who had achieved financial independence early on. You finally became the CEO of a subsidiary and also got options.

But Xiaoshuai's net worth is already 10 times yours.

I don’t know if you understand this truth through this story: there is no right or wrong strategy, and the strategy itself is not important. The most important thing is to formulate a strategy based on your own conditions.

From my own perspective, if you don't sell during a bull market and ride the roller coaster, what else will be left except sadness and regret?