Actually, there's no need for everyone to panic. The index has fallen for three consecutive days. This time, the market pricing is incomparable to when Volcker took office in 1980. Back then, inflation was at 14%, and interest rates were raised violently. On that day, the Dow Jones and Nasdaq fell by 14-20%. The panic at that time was simply despair. Many middle-class Americans saw their wealth instantly wiped out, and rooftops were lined with people. Now, many people are probably feeling very uncomfortable, which means their accounts still have the capital to turn things around. If you haven't experienced a stock market crash, that kind of collapse is something you can't empathize with at all. At the time, you couldn't feel it because your assets were already zero. Later, after controlling inflation to 4%, Volcker began to cut interest rates, and U.S. stocks ushered in a golden decade!

Today's inflation is only 2.8%, 0.8% away from the critical point of 2% for rate cuts. There's no need to panic!

Last night, I bought Google at the price of 312, basically spending all the remaining cash. I didn't sell any other positions, so don't ask me if I've sold them. Brother, I'm just stubborn—I won't sell a single share, haha.