Berkshire and Coca-Cola are cash-generating enterprises capable of surviving the impacts of inflation, liquidity crises, tech collapses, and credit contractions (the Four Horsemen).$Berkshire Hathaway B(BRK.B.US)$Alphabet - C(GOOG.US)$Tesla(TSLA.US)

Today's market is reminiscent of the situation in December 1999, and it's hard to ignore. At the peak of the dot-com bubble, Barron's famously published a cover story titled "What's Up, Warren?", with investors mocking Warren Buffett for missing out on the tech boom. Berkshire Hathaway underperformed while speculative tech stocks soared.

Then the cycle turned.

The Nasdaq crashed, while Berkshire and other quality companies significantly outperformed. However, I personally feel that the tech/AI boom can still last for quite a long time. Although the market fluctuates, the overall trend will continue upwards.

Don't laugh at the young man for being poor today; one day his soaring ambition will shine like a rainbow. The world changes; fortunes shift. Only by maintaining sufficient cash flow can you stay at the table. When the situation is unfavorable, focus on improving yourself. Wait for the wind to come, and then soar ninety thousand miles high.