The price of a good house in Beijing might be over 10 million yuan, while in our fourth-tier city, a good house only costs a little over 1 million yuan. It may seem that the prices of 10 million and 1 million are vastly different. In fact, they are essentially the same. Both are prices that the majority of locals cannot afford.

As I've grown older, I've gradually come to understand what it means to be wealthy. "Wealth" is not about how many tens of thousands we've earned, but rather how our income compares to the average income of the world, the nation, and the people around us. If we earn more than most people, we are considered high-income earners or wealthy. If our income is on par with the national or global average, we are not wealthy, even if we earn 10 million a year.

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Poverty and wealth, height and shortness are all relative concepts. From a wealth perspective, this world is destined to have only a few rich people, and most people are destined to be the losers in life. What is considered a good thing? It's something that most people cannot afford. What is success? It's achieving something that most people cannot achieve.

Take making money in the stock market as an example. Most people in this market are destined not to make money, and those who can make money in this market are always a very small number. If it were not the case, no one would be willing to work. Factories, shopping malls, hospitals, and various industries would disappear.

Some people question: "If the stock market can only make a very small number of people rich, it might as well go to a casino. At least the casino has a nearly 50% winning rate." In fact, although gambling has a nearly 50% winning rate, it does not mean that nearly half of the people in the casino will win money. In the long run, there are almost no people who make money in the casino, except for the casino itself, everyone else is a loser.

Any industry follows the 80/20 rule, and the stock market is no exception. I have been investing in the stock market for nearly 30 years, and I have known tens of thousands of stock investors, but very few people have truly made money. This is a fact! Even so, why are there still many people willing to invest in stocks?

Because people believe they can win. It's like when we were in elementary school, everyone fantasized about becoming a scientist, a leader, a hero, and so on. When we were in middle school, everyone thought that their future would not be worse than their teachers. In fact, most of them are destined not to become scientists, leaders, and heroes in this life. Even, most of them end up worse than their teachers. From a wealth perspective, life is a pyramid. Most people are destined to be at the bottom of the pyramid.

Everyone who enters the stock market believes they can make money, just as most people think their appearance is above average. Blind confidence is the fundamental reason why people flock to the stock market.

So, how can we become the minority in the stock market and in life?While others read a single book on stock investment, you understand ten or a hundred. While others ponder investment issues for weeks or months, you think about them for years or even decades. While others' thoughts on investment are superficial, your contemplation on investment reaches the depth of life and philosophy.

While others have a principal of only thirty to fifty thousand, your principal has reached one million. While others can't hold on to their stocks for two years, you remain steadfast for five or ten years. You have achieved in the stock market what most people cannot, so of course, it's easier for you to make money.

As the old saying goes, "Only through enduring the bitterest hardships can one become superior to others." We must do what most people cannot do in order to become a minority in life and investment, and to become successful. Stock investment is not as simple as buying a few good stocks to make money. You need to learn a lot and have a deep understanding of investment. Otherwise, even if you buy good stocks, you won't be able to hold on to them.

Even the simplest index fund investment is only profitable for a minority of people. Because most people cannot invest in a fund for five or ten years. They are even less capable of buying bravely when everyone is fearful and selling boldly when everyone is greedy. In short, most people in the stock market are destined to be losers. It's just that people lack self-awareness.