Vida Discusses Wealth Management and Investment Approach

Vida, the founder of Formula News, recently shared insights on personal wealth management through a post on their personal channel. According to Odaily, Vida revealed holding over $100 million in cash, yet expressed that earning an additional $10,000 still brings happiness. Vida emphasized a cautious approach to asset management, focusing on risk control and viewing asset size as a ranking in a game. The strategy involves achieving numerous small victories and employing scientific management to grow wealth. Despite engaging in transactions worth millions, these represent only a small fraction of Vida's total net worth. Vida also expressed a negative stance towards high-leverage speculative activities.