2021 has finally come to an end, on the one hand, the epidemic repeated, the concept of halved, the collapse of entertainment and other collapse events; On the other side are Web 3.0 (the next generation of the Internet), the DAO Revolution (a new way for people to organize and collaborate), the reboot of the metaverse concept, and so on. It has been a year full of fluctuation and change, and a year of both pain and gain for my little individual.
A happy work
We can summarize it in three lines
📈 Personal growth
At the beginning of 2021, I was lucky enough to be nominated for promotion just one year after I came to Ant, and finally passed the defense by a narrow margin. During this period, I was very grateful for the support and help from all the leaders around me. Some students will say that promotion comes naturally, but MY point of view is different. Both hard and soft skills need deliberate practice. The core is how to continuously cultivate one’s abilities to solve problems and pain points in the field and achieve results. In my experience, there are four simple steps:
- See first. Open your eyes, meet more outstanding students, go to a stronger circle, refresh your knowledge, understand how other people do things.
- To imitate. Find a field that interests you and that you know about, refer to one or more people who are the best in that field, and try to emulate them.
- After the breakthrough. Accumulate a large number of failure experience in the imitation, timely review and check deficiencies, improve their systematic thinking ability and judgment.
- To transcend. After being extremely familiar with a certain field and having successful experience, we should differentiate ourselves from others, accumulate professionalism and form bigger barriers.
🎯 Team Management
During the period of 2021 S2, due to organizational changes, I changed my role from dotted to solid. Fortunately, the team size is relatively small, and I have experience of leading a team before I came to Ant, so I feel that this role change is relatively smooth. In general, I can give myself a grade of 3.5. Based on a leadership course I learned before — how to transform a business expert into a management backbone, I would like to talk about my understanding after nearly half a year of practice:
- In the past, I was an athlete in business, but now I am a manager, so I become a coach. The biggest difference between a coach and an athlete is that a coach cannot directly replace the players to go to the battlefield. When doing business, it is direct control over products, while when doing management, it is indirect control over products and directly affects people.
- From the perspective of interpersonal relationship, in the past, you mainly used yourself for business, but now you mainly use others for management. It used to be a personal effort, but now it has become a borrowing power, and you need to achieve others.
- There will also be a change in the way of evaluation. In the past, individual performance was evaluated, but now team performance, group performance and department performance are evaluated, which will also make a difference.
Therefore, for the new TL, the most important thing is how to replace the original role of the team members, who have distinct and different personalities. Some of them will not do what they want to do, some will not do what they don’t want to do, some will not do what they don’t want to do, and some will do what they are willing to do. In the face of different maturity of students, how can we treat them differently? In my opinion, the best leadership style is one of flexibility — communicating well and teaching (teaching, motivating, empowering).
🔧 Technology construction
Led and deeply participated in the construction of Agamen growth platform from 0 to 1, and had deep feelings. For information security considerations, there is no specific introduction.
Knowledge management
In order to make what we read our own, we have recently reconstructed and upgraded the process of knowledge management.
I’ve divided my reading workflow into seven steps:
Information Sources (input) -> Read later -> Underlined notes -> Temporary Notes -> Permanent Notes (Knowledge Base) -> Review system -> Express Authoring (Output)
Focus on information sources (input), permanent notes (knowledge base) and expressive authoring (output) :
Sources of information: What I read daily, including articles, books and updates.
The article
Articles are what I read most in daily life. I will select the articles I am interested in from newsletters, official accounts, bloggers or articles recommended by friends.
books
Books are more systematic than articles. To systematically study a field, you need to read books.
When I read non-fiction books, I pursue efficient reading and recording, and I prefer e-books for easy note-taking and archiving. When reading nonfiction books, such as prose or fiction, I prefer paper books to immerse myself in the world created by the author and enjoy the pleasure of reading.
dynamic
In addition to articles and books, there are many KOC/KOL updates on social media like Twitter/Instant/Weibo/Xiaohongshu that are also worth reading.
Dynamic length may be very short, but it is the concentration of the author’s thoughts, and more real-time. Follow approved social media accounts to get a sense of what they’re following and what they’re thinking.
For example, wang Xing’s Fanfu account, Zhang Yiming’s weibo updates from 2013 to 2017, and Naval’s Twitter account are all worth following.
Permanent notes: The best time to start building a knowledge base is 10 years ago, the second best time is now.
In How to Take Smart Notes: “Our brains are good at thinking, but bad at remembering. Knowledge bases are good at storing and remembering.”
Creating a knowledge base is actually an extension of the brain. Let the brain and knowledge base both do what they are better at, so that the brain can have more energy for thinking. Knowledge base helps the brain store and memorize better, and using knowledge base helps you learn better.
Express creation: after learning a knowledge, we need to speak it out in our own words.
Feynman method of learning
Physicist Feynman is acknowledged to have a strong ability to learn. He concluded: the easiest way to understand something is to say it clearly in your own words. This idea came to be known as the Feynman method of learning or the Feynman technique: you don’t really know something until you express it clearly.
Feynman learning method of specific steps:
- Choose what you want to learn and write it on white paper.
- Pretend you’re explaining this to a sixth grader;
- If you have trouble explaining, go back to the book for an answer;
- Simplify your explanations and create analogies.
The meaning of life is actually constructed bit by bit by creative action. You can choose what you’re good at and express it to the world. Make videos, write articles, draw pictures… Any creative act…
Writing is one of the creative acts, and one of the simplest. If you don’t know what to write. Journaling is a good place to start. Journaling helps you become more aware of yourself and the small good things that build up your life.
Is the hero
Investors feel like masters of investing when they hit a strong market and make a lot of money. They have more confidence in their own perceptions and intuitions. They have more confidence in their own perceptions and intuitions. Their investing behavior reflected less self-doubt, meaning they were less concerned about the possibility that they could be wrong and the risk of losing money. For this reason, it’s important to remember one of the oldest and most important investing adages: “Don’t confuse a great brain with a great market.” “– Howard Musk
At the end of 2020, I think it’s hard for you, economists and the rest of us, to imagine: One of the biggest bull markets in THE HISTORY of the United States was created in the wake of the COVID-19 pandemic. Basically, the more serious the epidemic is, the faster the rise is, which really takes modern monetary theory to the extreme, and then the Market value of The Chinese concept, which has not changed much in nature, can drop by $10 trillion. From the perspective of 2021, there is indeed a wave of tuition fees — “Do not confuse your brain with the market”. There are obvious problems with the asset allocation of the whole account and my own mentality:
- The problem of asset allocation is serious. Although it involves many sectors such as new energy, Internet and new consumption, they are undoubtedly All Chinese stocks, while overseas technology stocks and value stocks have not been allocated accordingly. There is no doubt that the consensus is bullish on China’s long-term development, but we live in a world of randomness, and randomness causes extreme volatility in the short term.
- Short-term investment performance is largely a matter of popularity, and most bargains exist for a simple reason: they are not universally accepted. If they are not popular, no one buys them, so they are cheap. In the past year, I made two mistakes at the same time. First, I did not insist that the buying price was cheap enough. Second, I did not adhere to the principle of not knowing and not investing.
- Speculative psychology is serious, platform anti-monopoly and double reduction policies have been introduced, the first reaction is not how to control the risk, but want to grab a wave of short-term rebound. At the same time, speculative psychology is also reflected in the operation of options, which did not timely lock in profits, resulting in many profitable options finally turned into losses with the decline of stock prices and time loss.
- Did not do “manage to fall, rise”, did not timely stop loss, but too eager blind catch flying knife, and did not combine technical analysis, support point for warehouse, but also in the fundamentals of understanding is not deep enough to warehouse. Finally, many of the targets fell more and more to buy, buy more and more fall, overweight positions, unable to flexibly deal with a wave of “black swan event”.
In fact, it’s not hard to see the above points are closely linked with each other, not doing research lead to target populations that builds a blindly, more results in no time and energy to study each one mark, as well as the trading plan for each target, when market volatility can not correctly and timely stop or gallons of decision, There is also no persistence to supplement and improve the most basic aspects of financial knowledge, trading mentality and trading strategy.
Now that problems have been identified, we should face them squarely and find improvement points:
- Do a good job in asset diversification allocation, prevent one egg in the same basket, and avoid high-frequency trading, reasonable position holding;
- Do not understand do not vote, refuse to speculate. In-depth study of data and fundamentals, overcome greed, options < 10%, can stand loneliness, do not compare;
- Holding is buying, holding is a long-term investment attitude. In addition to profit expectations, there must be risk control (i.e., principal security), break line set stop loss price (strictly set calculation of profit and loss ratio);
- Cash is King. Especially in the case of repeated epidemic and unstable environment (fed’s expected reduction of bond purchase and interest rate hike), the proportion of cash should be appropriately increased.
- Create an investment memo that thoughtfully analyzes where the market is cyclically right now, and choose between being aggressive and conservative, which means increasing or reducing exposure to market volatility.
Mark: To set a Flag, I personally think that looking back in the near future, the Current Chinese concept shares will become a historic buying point, time will prove that the value will eventually return. Finally, investment is risky, please be careful to enter the market.
Serious life
Domestic short distance:
- Yangzhou: “Fireworks in Yangzhou in March” – The Soviet style morning tea clock, but do not want to hard in qingming holiday to crowded people;
- Suzhou: eat a bowl of crab yellow noodles, and then go to Eslite bookstore to choose a few good books 📚 is essential;
- Zhoushan: Team Outing, I still remember the scene of empting my brain on the foggy Dongji Island 🤔;
- Cixi: a group of friends took advantage of the fishing season to feast and explore the windmill road;
- Jiande & Quzhou: greedily 100 kilometers back and forth dozen tooth offering is also common things;
Domestic call:
- Changsha: a strong life of the Internet celebrity city, a cup of tea yan, and then a mouthful of Hunan powder;
- Yinchuan & Zhongwei: Huanghe Suji is a b&B area contracted by Wenzhou gang. The only restaurant in the park is famous for its duck tongue and fish cake.
- Northern Xinjiang: desert, grassland and snow mountains are all available, unfortunately, the epidemic did not go to The Sailimu Lake, and then out of Urumqi is really nothing to eat!!
Canyon tour:
Looking forward to the time
This year, I will review the three-year goal set before. Now there is only half a year left. Unexpectedly, most of it has been completed, but there are also many failures.
- Hone your learning methods
- Master methods to improve the efficiency and quality of reading
- Improve English, meet the requirements of reading and oral communication
- Strengthen writing, exercise extraction and summary ability(A little better than last year, continue to practice deliberately)
- There are precipitation and breakthroughs in technology
- The establishment of knowledge structure system, strengthen the foundation, a specialization many fine(As mentioned in the knowledge Management section, the refactoring has been upgraded.)
- Leave a high quality technical output in the team or community, and the community influence will increase(Check first, wordfinch also received 150+ followers, thanks to the encouragement of these partners, can only be considered as a “knowledge tailor” at present)
- Family happiness has improved
- Travel abroad at least once a year, domestic travel at least three times a year
- Shake your A license plate, or replace it with A Tesla
- Spend time with your family and communicate more
- Have good health
- Stick to fitness, preferably achieve fat reduction
- The annual physical examination index is normal
- Breakthrough and improvement in financial management
- Get an MBA, or graduate degree in finance
- Set up your own investment management system, not speculation(Checked last year, this year’s poor returns feel like the furnace to rebuild, see next year)
Obviously, English ability, health and investment finance these three pieces and double 叒 yi GG, 2022 ready to focus on a few short-term goals to activate (not yet planned, the following open a separate document link in the past), sprint three years goal. The last thing I want to say is that continuous growth does not happen naturally, it is a subjective choice. Because continuous growth must be accompanied by pain and even risk.