Value investor Duan Yongping responded on November 6 to a user’s question in a post on the investing platform Xueqiu.
The user asked whether, after achieving financial freedom, he engages in any “high consumption” and whether spending still makes him happy. Duan did not list specific purchases. Instead, he challenged the premise by asking what counts as “high consumption” and whether it simply means buying something one cannot afford. He offered examples of items or activities that, in his view, can bring happiness: buying Pop Mart products, playing sports, or enjoying a good red wine. He then asked whether these should be considered high consumption.
His remarks reframed the discussion from naming particular outlays to defining the term and linking consumption to personal happiness, using personal examples to illustrate the point. The post did not provide further details beyond these rhetorical questions and examples.
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