Life Weekly Report (2025.06.02-2025.06.09) Input 1. A person's wealth foundation consists of two parts: first, your own abilities. Second, the connections you have with others. The latter amplifies the former. Personal IP is the best tool for connecting with others. 2. The irreversible pains in life are the greatest gifts we receive. 3. Explosive income is related to luck and opportunities, while sustainable income is related to skills and resources. Some explosive income is enough for a lifetime, after which you should buy assets that can continuously generate cash flow for defense; you only need to be rich once in your life. 4. In the internal allocation of limited resources, human nature plays a significant role, rather than the fairness or reasonableness of the transaction itself. 5. The correct path must have been walked by someone, but persisting on the correct path is much harder than finding the correct path. Output 1. Personal IP is something worth developing in the long term. Recently, I've been helping some agencies, and the financial returns from a good IP account are unimaginable for ordinary people, not to mention some early investment opportunities. Moreover, this is a positive feedback loop: the better you do, the greater the returns, and the greater the returns, the more it motivates you to do even better. 2. Investing in Sonic's oil was a complete failure; I stepped into all the pitfalls of failure, such as FOMO and trying to average down. Moreover, I basically entered at a high point, and now I don't even want to contribute gas fees anymore. 3. Last week was generally a low point; Defiap was first a shock and then a surprise, which I will write about later. 4. This article, which was supposed to be published last Monday, has been delayed until now 😂.