Coming back to China and lying flat is just too easy. Housing is so cheap it’s hard to believe—just now I watched a house-viewing video on YouTube. In Beijing’s outer suburbs, house prices have already been cut to the ankles: for a 17/18-year term apartment, 12,000 RMB per square meter back then, it’s now selling for more than 3,000 RMB per square meter. You can get a two-bedroom apartment for a total price of a few hundred thousand RMB—already renovated. So many property speculators have lost so much they’re left with only the pants.
In cities like Hainan, Huizhou in Guangdong, small cities in Sichuan, and even in Chongqing’s main urban area, housing prices are all pretty low. The cost of living is one-tenth of California. I’ve got two more years before I send my daughter to university, and then I’m free. I can come back to travel and live in China for a few months each year, without needing to buy a home—short-term rentals are enough.
Recently, Huazhu has launched short-term rental apartments that you can book by the week or month. The most expensive option is only a little over 4,000 RMB per month, and it even includes breakfast—plus cleaning twice a week. It’s so comfortable. You can stay in major cities across the country, which is incredibly convenient. It’s absolutely awesome!
About pooping, just remember these four sentences 😂
Carbs determine how much you poop Protein determines how stinky your poop is Dietary fiber determines whether you can poop or not Fat determines how fast you poop
People who make these AI videos are really dead, scamming a bunch of middle-aged and elderly people in the comments, and then getting mocked by young people who think they’re so self-righteous. It really makes me feel awful to watch.
Trivia: In the widely circulated photo of Xu Jiayin with this belt, the “left arm” in that image isn’t actually his—it's just that the angle happens to line up, making him look especially cheerful.
Yesterday I got a haircut and heard a business case:
Newborn umbilical cord blood storage services cost about 10,000 Most parents with extra money would buy it—psychologically, it’s buying peace of mind
Insiders did the math: The actual probability that someone truly needs cord blood is only 2–3% Charging 1,000 customers amounts to 10 million Of those, 20–30 would need to be paid out; paying 200,000–300,000 would be enough The margin between the two is enormous—so large that, in theory, you don’t even really need to preserve it
This is the typical structure of an information-asymmetry business: They sell fear; they profit from probability What customers buy is reassurance; what the merchant sells is actuarial calculations
It’s exactly the same logic as insurance The difference is that insurance is regulated, whereas this gray area is much bigger