On November 6, value investor Duan Yongping posted on the social platform Xueqiu, responding to a user’s question about whether, after achieving financial freedom, he engages in high-spending behavior and whether consumption still brings him joy. He challenged the definition of “high consumption.”
He wrote: “What is your definition of high consumption? Buying something you can’t afford?” He added: “I think buying Pop Mart products can indeed bring happiness; playing sports or having good red wine can as well—do these count?” His comments referenced Pop Mart products, playing sports and drinking good red wine as examples. He did not state whether he considers such spending to be “high consumption.”
The remarks were made in an interactive thread on the platform and focused on the relationship between personal spending and happiness. Duan did not offer a definitive conclusion, underscoring that perceptions of “high consumption” may differ.
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