Core Viewpoint - The article highlights the challenges and dynamics of investor relations during earnings calls, emphasizing the need for effective communication between companies and retail investors, while also reflecting on the early stage of China's investment industry [1][15]. Group 1: Earnings Call Dynamics - Earnings calls are mandatory for listed companies post-annual report disclosure, providing a platform for retail investors to ask questions [1][3]. - Retail investors often ask questions that have already been addressed in annual reports, indicating a lack of understanding or engagement with the provided information [4]. - Questions about undisclosed matters, such as the identities of major clients, are frequently raised, showcasing the curiosity and frustration of investors [5][6]. Group 2: Investor Sentiment - Many retail investors express dissatisfaction during earnings calls, often using the platform to vent frustrations about stock performance and company management [7][8]. - Common questions include concerns about stock price declines, dividend distributions, and comparisons with competitors, reflecting a deep-seated anxiety among investors [8][10]. - The emotional aspect of these calls is significant, as investors seek reassurance and accountability from company management [9][10]. Group 3: Company Communication Challenges - The role of the company secretary (董秘) is described as physically demanding, with numerous questions to address from a large audience of investors [11][12]. - The format of text-based Q&A sessions can lead to information being missed, resulting in dissatisfaction among investors who feel their concerns are not adequately addressed [9][12]. - There is a suggestion that companies may prepare standard responses, which could lead to a perception of insincerity or lack of engagement from management [12][13]. Group 4: Market Sentiment and Future Outlook - The article reflects on the early stage of the investment industry in China, with both retail and institutional investors expressing dissatisfaction [15][16]. - Despite the challenges, there is a sense of optimism about the future of the market, with hopes for improved investor relations and market performance [15][16]. - The enthusiasm of retail investors, even in a challenging market environment, is noted as a positive sign for the future of the investment landscape [15][16].

Group 1 - The core viewpoint is that advertising is merely a platform for clients to disseminate information, and the relationship ends once the advertisement duration expires [3][4][28] - The mindset towards accepting advertisements includes a sense of detachment and a realization that the investment industry is not as glamorous as initially perceived [3][4][5] Group 2 - The first realization after accepting advertisements is the pricing structure, where a follower count of 23,000 does not significantly enhance bargaining power unless the reading volume reaches 100,000 [7][8][9] - The second realization is that client demands are often impossible to fully satisfy, especially when they expect original content to be as engaging as regular articles [10][11][12] - The third realization is the discrepancy between the agreed advertisement price and the actual amount received, as intermediaries often take a cut, leading to a lower net income [13][14][15] Group 3 - To identify whether a post is an advertisement, the company has attempted to clarify the nature of the content to avoid confusion among followers, but challenges remain due to the nature of client relationships [16][20] - Future strategies include seeking more suitable clients and ensuring that advertisements are clearly marked to maintain transparency with followers [21][22][23][24]

最近有网友发现当初牵手门当事人之一董女士开通了抖音账号，并开始了直播带货。 这个账号从开启首场直播以来，目前已播出了11场。而且带货的内容大多都和旗袍有关。 2023年6月，一组太古里街拍照片火爆全网。 当时，网传一位国企领导在成都出差期间，与"小三"牵手逛街，被拍到视频并广泛传播。视频显 示，一中年男子与年轻女子牵手同行。多位网友指认，该男子疑似寰球工程项目管理(北京)有限 公司执行董事、党委书记、总经理胡继勇。 有知情者透露，视频中胡某勇的牵手的女子不是胡某勇的妻子，也不是其女儿。 两人疑为同事关系，而胡某勇妻子也是该公司员工。 北京SKP大部分商品或店铺消费是1元积1分，也就是说，仅仅在北京SKP的消费就超过240万。 当时就有网友预测，董小姐绝对有直播带货的潜质。 现在看来，真被网友言中了。 不过，虽然直播带货的门槛很低，但这种道德有污点的人的影响可能太坏了，该账户开启了直 播，但中途突然关闭，不久后主页显示该账户已被封禁。 经过有关部门调查，认定胡继勇反生活纪律，在婚姻存续期间与董某某存在生活作风问题；违反 廉洁纪律，改变公务行程借机旅游，并且属于顶风作案，影响恶劣，最终将胡继勇开除党籍、开 除公职 ...

Core Viewpoint - The article discusses the complexities and challenges within the investment industry, highlighting issues such as litigation, internal conflicts, and the impact of personal relationships on professional conduct [1][6]. Group 1: Investment Industry Dynamics - The investment industry is perceived as cleaner compared to the medical field, but underlying issues exist [2]. - A recent AI company experienced a series of funding rounds, raising questions about the transparency and relationships between investment institutions [3]. - A semiconductor project faced potential bankruptcy due to ongoing litigation, diverting focus from its core business [6]. Group 2: Legal and Ethical Issues - A key investor initiated a lawsuit after a buyback proposal was rejected by the founder, leading to a chain reaction of lawsuits from other shareholders [4][5]. - The article mentions a notable case where a professor publicly accused her husband, a partner at an investment firm, of serious misconduct, which gained significant attention on social media [9]. - There is uncertainty regarding the outcomes of various disputes, with no clear resolution reported for several high-profile cases [10][11].

Group 1 - The article discusses the personal lives of investment professionals, highlighting that while most male investors are relatively honest, a minority exhibit questionable behavior [1][2] - A specific incident is described where a managing director (MD) frequently arranges meetings with local women during business trips, showcasing a lack of discretion [3][4] - The author recounts a disturbing experience of being subjected to inappropriate noises from the MD's activities during a work trip, illustrating the uncomfortable environment created by such behavior [5][6] Group 2 - Another story involves the same MD arranging a business trip where he shares accommodations with a colleague, leading to an awkward situation with a female guest who is introduced as a "colleague" [7][8] - The MD's intentions become clear when he suggests that the author join him in private encounters with the female guests, further emphasizing the inappropriate nature of the situation [12][13] - A third narrative involves a partner from a well-known institution who behaves inappropriately during a formal dinner, making advances towards a female attendee and discussing personal matters in an unprofessional manner [14][15] Group 3 - The article highlights a culture within certain investment firms where inappropriate behavior is tolerated or even normalized, as evidenced by the actions of the MD and the partner [16][17] - The partner's drunken state leads to him making suggestive comments and sharing personal anecdotes about his life choices, indicating a troubling mindset prevalent among some industry leaders [18][19]

最近某东和某团的外卖大战，轰轰烈烈。原本 28 号那篇打算作为五一节之前的最后一篇，后台有人问 我对外卖大战的看法，于是有了这篇。 为什么要这样？因为这会让他在送餐的时候，电梯会继续往上走。送完餐后，再回到电梯前的时候，电 梯基本恰好从最高层再下来。就能节省他的很多时间。 但是这个慎用哈，因为是部分侵害了现有住户的利益，增加了他们的等待时长。 同样是与外卖员一同乘梯的情形，如果他希望停在某一层以后，我等他一下，等他送完餐立刻回来，我 多半愿意等他。 我每天骑小黄车上下班。到地方以后，我都会把小黄车停的稍微远一点。把离小区门口最近的位置，留 给外卖员。 没有调度系统，就是说，我同时按三部，三部都会到我这一层来。 这个和外卖员是什么关系呢？ 普通人能做点什么 如果我在一楼等电梯，恰好旁边有外卖员也在等，我会选择和外卖员乘坐不同的梯。如果他比我的楼层 高，我如果中途下梯，可能会占用他十秒左右的时间。我不坐，就帮他节省了这十秒。 我现在住的小区，每栋楼 3 部电梯，而且没有电梯的调度系统。调度系统的意思是，我按了 3 部的其中 一部，系统会根据我要去的楼层，以及当时时点各个楼层的按梯情况，选择最适合的一部。 然后，如 ...

2005年，某家国企破产。企业的一名基层技术人员，老宋，失业了。"手艺"没有了可以用的地方，老宋 不得不被动创业。那一年，老宋35岁。 没想过大富大贵，只是为了有口饭吃。 2010年，老宋的创业企业终于有了一点雏形，决定扩产。但是实在找不到愿意给地的政府。 老宋最后把企业搬到了西部的山沟沟里。那里土地便宜，政府不太管你污染不污染什么的。能解决就 业，能创造税收，就挺好。 那一年不仅找不到地，还找不到钱。于是老宋去借高li贷。不敢借久的，一次最多借一个月。 2015年，45岁的老宋头发白了，背也驼了，但是也一直闷头干。没找市里要过一条政策，没找银行借过 一分贷款，终于把企业带到良性发展，有利润了。 然后，开始有投资机构找上来了。嘿，给你钱要不要？不用还。等你上市了，我自己减持就行。 母基金出资给了多家投资机构，来找老宋的机构更多了，一簇簇投资人， 西装革履，目光如炬。 宋总你的企业非常好，业内有稀缺性。我们出资，能让你企业加速发展。企业上市了，你能取得的物质 回报，远远快于你每年辛辛苦苦赚的这点利润。 而且你企业上市了，二级股民也都能一同享受你企业的发展红利，这是利国利民的好事呀。 老宋还是摇摇头。 还有很多机 ...

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Core Viewpoint - The article emphasizes the transformative potential of AI agents in enhancing work efficiency, particularly in the investment sector, where rapid reading and comprehension of extensive documents are critical [1][2]. Group 1: Pain Points in Reading for Investors - Investors face significant challenges in processing various types of documents, including broker reports, prospectuses, annual reports, and industry analyses, which often span dozens to hundreds of pages [4]. - The author highlights the need for efficient reading solutions to distill core insights from lengthy texts, which is essential for informed investment decisions [5][6]. Group 2: Introduction of "Today Learn Something" - The article introduces "Today Learn Something," a feature from Mita AI that allows users to quickly summarize and present document content in an engaging format [6][7]. - This tool enables users to upload documents and receive structured summaries, significantly reducing the time required to comprehend complex materials [19]. Group 3: User Experience with "Today Learn Something" - The process of using "Today Learn Something" is described, including uploading documents and receiving a breakdown of content into manageable sections, akin to classroom lectures [12][19]. - Users can customize the difficulty level and presentation style, enhancing the learning experience and making it more interactive [13][19]. Group 4: Investment Perspective on Mita - From an investment standpoint, Mita is recognized for its strong product capabilities, market positioning, and innovative solutions that address user pain points in information retrieval [21][23]. - The company initially gained traction in the legal sector, leveraging AI for text processing and analysis, which laid the groundwork for its expansion into other professional domains [23][24]. - Mita's founder possesses a robust background in AI and has successfully navigated the company through early-stage growth, indicating a promising future for the business [24][25].

经历过 2024 年的 OpenAI 和 2025 年初的 DeepSeek ，应该不会有人再怀疑 AI 的未来。然后，相信本 文读者对于" AI 智能体（ AI Agents ）"的概念也不 会陌生。 AI 智能体 是在大模型技术的基础上，以自然语言为交互方式，自动化地执行专业或复杂的任务。 虽然上周末的亦庄人形机器人马拉松有一点状况百出，但是在一些特定的领域， AI 智能体已经在逐渐 渗透，逐渐改变传统的人类工作方式，来大幅提高人类的工作效率。 我今天想分享的一个领域是：阅读。是的，就是读书，读文字。 （一）快速阅读是投资人的痛点 读东西谁不会？ nono ，对于投资行业来说，我平时需要阅读的资料包括以下几类： 各类券商研报，针对某个上市公司的，针对某个行业的，尤其一些深度报告， 100 页左右的报告； 上市公司的招股书、年报，以及一些重大事项的公告，比如发行股份购买资产等； 一些时事报告与文章，比如针对 2024 年的并购交易的分析报告；比如我关注半导体产业，我能够拿到 一些智库、研究院出具的针对半导体行业的年度报告，等等； 股权投资实务相关，主要用于个人学习。最典型的比如一些律师事务所出具的各类实务手 ...