To The Moon

What a great and interesting topic to discuss : Self Effort versus Others' Help!

Which do you think is more important for success?

It takes a while for me to think about it, and personally, I think that both are equally important for someone to succeed. Why?

Well, success won't come itself, so everyone needs to work hard, thus contributing a big portion of self effort in order to see the satisfying outcomes.

Honest speaking, unless you are the“lucky" one, if there's no any minimum self effort, I don't think you can succeed in most of the case.

How about others' help? Referring back to the self effort, it's critical at the initial stage where you need to kick the ideas or things start.

However, it's not always easy to succeed with purely self effort engaged. Moving on to the journey towards the success, I think many of us will face challenges like insufficient funds, limited knowledges and ideas which might lead to a higher risk exposure, and lack of ressources for us to move further. Therefore, at this stage, the others' help play an important role towards a success.

Solo and alone is not always a bad thing, but if you have a great team, things will be much better and more efficient.Today, let me share some investment experience that aligned with this topic.

If you recalled back in 2020 and 2021, there's a surge of multiple meme stocks, specially led by GME.

The short squeeze of GME caused the underlying stock to fly to the moon, and indirectly ignited the market sentiment on the meme stocks, therefore sending many meme stocks crazy, for example AMC, BB, CLOV, BBBY, WISH, WENDY, XSPA, FFIE etc… This is an extremely good example that “With others' help", these meme managed to ride the bull rally together with GME. However, here's come the context why self effort is critical as well. Most of these stocks do not have a good and stable fundamental (we can understand in the way that their“self effort" is pretty poor and lousy). For such, their surge were unable to sustain for long period, that's why we witness an extremely bearish movement for these stocks like $AMC Entertainment(AMC)$  $Faraday Future Intelligent Electric Inc.(FFIE)$  $Grab Holdings(GRAB)$ $NIO Inc.(NIO)$  $Occidental(OXY)$  

In short, the message that I tried to pass through here is even you get the success with “Others' help”, but without “Self Effort”, you won't be able to maintain your success and will give up the gain eventually just like the examples shown above. Do you agree with me? Come and leave your comments below guys.

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