I decided to pen this post after having a recent chit chat with my old friend from University as well as a “war buddy” during our younger days doing battles with auditing field assignments together (day and night) for almost 2 years. Well, yup, I mentioned “our younger days” as we are now old men with lower energy (岁月不饶人) and have since moved on to our respective jobs in the commercial sector. Anyway, we were talking about the latest topic in the market, that is, the bloodbath in China Tech and Education stocks due to the regulatory Big Brother coming in to smash and end the party. From there we also touched on something contentious, that is, the investing philosophies of my old friend and I are as different as day and night which I will elaborate more below. 
1. Invest and hold for long term or hit and run?