I have a fatal flaw: I tend to overthink things. For example, when I invest in companies, I imagine scenes of industry logic closing, complete with roaring drums and blasting firecrackers. These assumptions have generally been proven correct by past investment results. These companies have all developed as I envisioned, though some are developing faster and some slower. Foxconn Industrial Internet took just two years to achieve this. But with some companies, I invested in them at the first sign of potential, only to find no one paid attention to my logic. After a year or two of languishing, my logic suddenly materialized in the market. I think the key to solving this problem lies in integrating position management with industry cycles. Be less dreamy and more pragmatic. My dreams about Tesla were a bit too big; otherwise, the US stock would have doubled in just three months.