Let's get to the point: Duan Yongping has heavily invested in Pop Mart, and while this certainly deserves respect, there's no need to mythologize it.
Duan Yongping's past vision is indeed beyond criticism.
He's not the type of investor who gets famous by shouting slogans. He looks at NetEase, Apple, and Moutai, and his core logic has always been clear: good business, solid management, long-term cash flow, and user mindset. This approach sounds simple, but there aren't many who dare to go all-in when the market is skeptical.
So, what's impressive about Duan Yongping is not that he's right every time, but that he has often managed to catch the 'long-term constants' amidst the noise.