李筠教授在书中设想了一个思想实验——"令狐冲退出江湖项目"。 在朋友圈里，为什么有些人一句话就能带节奏？ 恋爱中，为什么有的人总是"掌握主动权"？ 谣言为什么比真话更容易扩散？ 不懂政治，真的会在生活里吃亏吗？ 生活中，我们真的能逃开"政治"吗 B站千万播放的爆款付费课实体书全新呈现！ 什么是权力？ 在《笑傲江湖2：东方不败》的结尾，令狐冲带着师弟师妹离开华山，打算远离是非，归隐山林。然而路上 遇见任我行，后者笑声如雷："只要有人，就有恩怨；有恩怨，就有江湖。人就是江湖，你怎么退出？" 这句台词讲述了人类社会的底层逻辑。我们以为政治属于庙堂与宫廷，属于国家大事，和我们普通人无 关。 其实江湖不是一个地理空间，而是一种人际状态。只要人与人共处，政治就无法退出。 "退出江湖"为什么不可能 假设令狐冲真的找到了桃花源，一个与世隔绝的小村落。这里有良田美池、鸡犬相闻，人人怡然自乐，似 乎是个没有权力、没有争斗、没有政治的乐土。 但这样的乐土注定不会长久。不提外部世界迟早会发现它，其内部也会滋生裂隙。 人一旦聚在一起，就要面对 "谁得到什么、何时得到、怎么得到" 的问题。哪怕只是分配一块地、一桶水、 一顿饭，也会有人不 ...

我们将这本新书的部分内容整理了出来，分享给各位读者，希望对您有所启发。 01 必须回答却被忽视的问题 一个国家的债务及其增长是否存在极限？ 作为桥水基金的创始人，瑞·达利欧对投资原则和周期方面有着独到见解。这些见解被深入应用于实际投资 工作中，带领桥水避开了2008年金融危机等大大小小各式危机，并为投资者创造了巨额收益，具有极高的 现实意义和借鉴意义，也深得政策决策者、商界领袖和各领域专家学者的认同。 今年6月，瑞·达利欧在X上发布长文，介绍其新书《国家如何破产：大周期》的核心观点。这位全球宏观投 资者用50余年投资经验，再次系统揭示了国家如何走向债务危机：不是突然爆发，而是一个可以量化、可 监测的"大债务周期"，最终演变为系统性失控，就像"经济心脏病发作"。 在《国家如何破产：大周期》中，达利欧不仅对过去500年的世界历史进行了系统的梳理和研究，还从中提 炼出了一套理论框架，用以解释国家兴衰的周期性规律。达利欧告诫投资者："要想做好投资，就不能只关 注市场。" 如果政府债务增长未能放缓，那么利率及其影响将会如何？ 一个拥有主要储备货币的大国（比如美国）是否会破产？倘若会，那又将引发怎样的连锁反应？ 是否存在 ...

1.我国已成为首个国内有效发明专利拥有量超过500万件的国家 据光明日报消息，记者从国家知识产权局28日举行的新闻发布会上获悉，目前，我国已经成为世界上首个 国内有效发明专利拥有量超过500万件的国家，PCT国际专利申请量连续6年位居全球第一。专利密集型产业 增加值达到16.87万亿元，占GDP的比重提升到13.04%；全球前5000个品牌中我国品牌价值达1.81万亿美 元，位居全球第二；地理标志产品直接产值接近9700亿元，保持良好增长势头。 点评：知识产权强国建设迈上新台阶。 2.电影《疯狂动物城2》单日票房破6亿 据灯塔专业版，《疯狂动物城2》单日票房已突破6亿。 3.蓝箭航天朱雀三号暂缓首飞 《科创板日报》29日讯，《科创板日报》记者获悉，北京蓝箭航天"朱雀三号"首飞箭已处于最后准备状态， 原定11月29日首飞，因不可抗力，发射任务临时暂缓。 4.中华慈善总会：六年多来捐赠支出合计482亿余元 11月29日，中华慈善总会在北京召开第六次会员代表大会暨第六届理事会第一次会议。记者从会上了解 到，2019年1月至2025年9月底，中华慈善总会捐赠收入合计493.7亿元，同期捐赠支出合计482.66亿元。 ...

Core Insights - The departure of Yann LeCun, a Turing Award winner and AI pioneer, from Meta marks a significant shift in the company's AI strategy from long-term idealism to a more pragmatic, product-oriented approach [4][14] - The recruitment of Shengjia Zhao, a former key developer at OpenAI, highlights the intense competition for AI talent in Silicon Valley and reflects a deeper struggle over AI technology direction and corporate strategy within Meta [4][5] Group 1: Departure of Yann LeCun - Yann LeCun's resignation after 12 years at Meta signifies a complete strategic pivot for Meta's AI initiatives, moving away from the ideals represented by FAIR (Facebook AI Research) [4][12] - The internal power restructuring at Meta is evident, especially with the recent hiring of Shengjia Zhao, which has caused significant organizational upheaval [4][12] Group 2: Shengjia Zhao's Background - Shengjia Zhao's academic journey from Tsinghua University to Stanford University showcases a stellar trajectory, culminating in significant contributions to generative AI technologies during his tenure at OpenAI [10][11] - Zhao's pivotal role in developing early versions of ChatGPT and the GPT-4 series positions him as a key figure in the AI landscape, making his recruitment by Meta a strategic move [10][11] Group 3: Meta's Internal Dynamics - Meta's internal turmoil escalated following the underwhelming performance of the Llama 4 model, leading to a high-stakes recruitment strategy to bolster its AI capabilities [12][14] - The establishment of the Meta Super Intelligence Lab (MSL) and the appointment of Zhao as Chief Scientist reflect Meta's aggressive push towards achieving AGI (Artificial General Intelligence) [12][14] Group 4: Challenges Faced by Zhao - Despite being retained, Zhao faces significant challenges within Meta's bureaucratic structure, including management conflicts and cultural clashes that threaten the effectiveness of the newly formed MSL [14][16] - The rapid turnover of other top talent who joined alongside Zhao indicates a broader issue within Meta regarding its ability to provide an appealing research environment [16][17] Group 5: Future Implications - The ongoing power struggle within Meta, particularly the marginalization of the FAIR lab, suggests a shift in focus towards product-driven AI development, potentially at the expense of foundational research [17][18] - Zhao's success in navigating these challenges will be critical for Meta's ambitions in the AI sector, as the company seeks to compete with industry leaders like OpenAI and Google [18]

Core Insights - The article discusses the recent activities and investments of Duan Liping, the elder brother of Duan Yongping, highlighting his increasing presence in the capital market and his strategic investments in the mining sector, particularly in non-ferrous metals [4][5][7]. Group 1: Duan Liping's Background and Investments - Duan Liping, born in 1957, is actively involved in the capital market and has been increasing his investments in companies like Guocheng Mining, which has seen a significant stock price increase of approximately 127% from 13.63 CNY to 31.04 CNY per share within a month [4][5][7]. - Guocheng Mining's recent announcements, including a major asset restructuring involving a 60% stake in Guocheng Industry, which owns a significant molybdenum mine, have contributed to its stock performance [7][10]. - Duan Liping holds a 0.56% stake in Guocheng Mining, ranking as the ninth largest circulating shareholder, alongside his wife Wang Xiaomei and Liao Yannan, who are also significant shareholders [8][10]. Group 2: Market Dynamics and Stock Performance - The article notes a broader trend in the non-ferrous metals market, where rising prices of gold and silver have positively impacted related stocks, including Guocheng Mining [5][7]. - The combined holdings of Duan Liping, Wang Xiaomei, and Liao Yannan in Guocheng Mining have increased in value significantly, with their shares worth approximately 4.43 billion CNY after a recent stock price adjustment [10][11]. Group 3: Strategic Collaborations and Acquisitions - Duan Liping has collaborated with other prominent figures in the industry, such as Zhang Yuan, to acquire control of listed companies like Liyuan Co., which was purchased for 38 million CNY, indicating a strategic move into the automotive parts sector [20][21]. - The acquisition of Liyuan Co. is seen as a calculated entry into a lucrative market, focusing on aluminum components for the automotive industry, which is currently a hot sector [21][22].

Core Viewpoint - The article discusses the ongoing crisis of Suning, highlighting the company's bankruptcy restructuring and the potential shift towards live streaming as a means of recovery for its founder, Zhang Jindong, and his family [4][8][10]. Group 1: Suning's Current Situation - Suning's bankruptcy restructuring crisis is escalating, with the voting period for the restructuring plan postponed to December 14 [4]. - The restructuring plan requires Zhang Jindong and his wife to inject all personal assets into a trust within three months to suspend creditor claims against their personal guarantees [4]. - Suning's debt crisis began with uncontrolled diversification, leading to over 78 billion yuan spent on cross-industry acquisitions since 2012, culminating in a debt of over 238.7 billion yuan against an asset valuation of only 63.69 billion yuan [8][10]. Group 2: Live Streaming as a Solution - Live streaming has emerged as a potential solution for debt-laden entrepreneurs, with examples of successful transitions in the industry, such as Luo Yonghao and Chen Nian [4][10]. - Zhang Jindong missed the initial wave of live streaming but is encouraged to start now, as it is better late than never [6][10]. - Douyin (TikTok) is positioning itself as a competitor in the home appliance market, providing an opportunity for Suning to leverage its established supply chain and logistics to complement Douyin's content and traffic advantages [10][11]. Group 3: Zhang Kangyang's Role - Zhang Kangyang, as the heir to Suning, has the potential to capitalize on his existing popularity and transform it into a business opportunity through live streaming [12][14]. - The article draws parallels between Zhang Kangyang and other second-generation entrepreneurs who have successfully utilized live streaming to revitalize their family businesses [17][21]. - The success of other second-generation figures in live streaming demonstrates that Zhang Kangyang's entry into this space could be a critical step for Suning's recovery [20][21].

Core Viewpoint - The article discusses the rising popularity of delivery uniforms as fashionable outdoor wear, particularly in urban settings, highlighting their functionality and appeal to a broader consumer base beyond delivery riders [4][18][32]. Group 1: Market Trends - Delivery uniforms have transitioned from being solely work attire to becoming trendy outdoor clothing, with significant sales on e-commerce platforms and second-hand markets [6][12]. - A specific e-commerce store reported sales of over 10,000 units for a Meituan delivery jacket, indicating strong consumer interest [6]. - The outdoor apparel market in China is projected to reach 522.7 billion yuan by 2024, with outdoor clothing accounting for 46% of this market [32][34]. Group 2: Consumer Behavior - Consumers are increasingly purchasing delivery uniforms for their practicality, affordability, and aesthetic appeal, with many using them in casual settings like skiing [18][20]. - The article notes that the appeal of these uniforms extends beyond functionality, as they represent a humorous and relatable aspect of urban life [20][21]. - A shift in consumer preferences is observed, where functionality and comfort are prioritized over style, with casual and sporty clothing becoming more popular [37]. Group 3: Product Features and Comparisons - The new delivery uniforms emphasize safety features, such as reflective strips and durable materials, positioning them competitively against established outdoor brands [25][30]. - The price of the new delivery uniform set is 188 yuan, significantly lower than mainstream outdoor brands, which often exceed 300 yuan for similar items [12][30]. - Despite the positive aspects, some delivery riders express dissatisfaction with the new uniforms, citing issues like short collars and excessive branding [21][25].

Group 1 - The core investment themes for the next five years include technology, metals and mining, passion investments, ASEAN and Chinese markets, and biotechnology [9][30][40] - The technology sector is expected to continue its growth, but current valuations are high [9] - The metals and mining industry may experience explosive growth due to potential metal shortages, particularly in uranium, silver, and platinum [30] - Passion investments, which are assets with limited supply that do not involve technological iteration, are likely to see increased demand during periods of innovation and wealth growth [33] - The ASEAN and Chinese markets are projected to prosper, with Chinese innovation capabilities rapidly advancing [36][38] Group 2 - Generative AI is anticipated to be a major source of profit in future society, with its effective compute power growing exponentially [10][19] - The effective compute power of AI has increased by 100,000 times from 2019 to 2023, and this growth is expected to continue [13] - The application of generative AI in various industries can create strong business moats, unlike large language models which lack brand loyalty and key technological barriers [20] Group 3 - Approximately 80% of jobs are expected to be completed by intelligent robots by 2050, with significant implications for labor markets [22][29] - The rise of reasoning AI and physical AI is expected to transform industries, with robots and intelligent systems taking over both physical and cognitive tasks [24][25] - The cost of producing robots is significantly lower than the cost of training human labor, leading to a potential shift in workforce dynamics [28] Group 4 - The biotechnology sector is currently undervalued compared to the AI sector, with a price-to-earnings ratio of around 10-11 times for international biotech ETFs [40] - AI is significantly reducing research and development costs in biotechnology, leading to a rapid increase in the number of new products [42] - The potential for breakthroughs in personalized medicine and advanced health monitoring technologies is high, making biotechnology a promising investment area [42]

Group 1 - Airbus A320 aircraft require urgent software replacement due to vulnerability to solar radiation, affecting approximately 6,000 planes, following an incident involving JetBlue Airlines [2] - Changan Automobile's subsidiary, Avita Technology, has applied for a public listing on the Hong Kong Stock Exchange, focusing on high-end smart connected electric vehicles [3] - SolGold Plc has rejected a second acquisition offer from China Molybdenum, with the latest bid at 26 pence per share, leading to a significant increase in SolGold's stock price [4] Group 2 - Sohu Video plans to increase procurement of American TV shows and movies, aiming to provide a better experience for users seeking non-pirated content, despite current profitability challenges [5] - GSMA reports that global mobile operators' cybersecurity spending is projected to double from $15-19 billion annually to $40-42 billion by 2030, highlighting the need for better regulatory collaboration [7] - Samsung has dissolved its HBM development team, integrating it back into the DRAM division, indicating challenges in the high-bandwidth memory market [8] Group 3 - Xiahe Technology has initiated IPO counseling with CITIC Securities, aiming for a public offering [9] - DeepSeek has launched a new mathematical reasoning model, DeepSeekMath-V2, which utilizes a self-verifying training framework and has achieved high scores in competitive evaluations [10] - Xiaomi faced a legal setback in a case regarding unreturned deposits for undelivered cars, with the court ruling against the company's contract terms [11] Group 4 - Citigroup analysts suggest that Li Ning is unlikely to acquire foreign brands in the near term due to its current business strategy, maintaining a "buy" rating on several Chinese sportswear stocks [12] - JD.com announced changes to its JD Bean rules, with a maximum validity of 180 days starting in 2026 [13]

随着杨先生辞世，西南联大"五才子"时代落下帷幕，仅余王希季先生一人。一个时代的背影正渐行渐远，但 精神的星火依然在传承中闪耀。 杨振宁的成就，离不开西 南联大的 培养。 那所在战火中屹立八年的学府，虽物质匮乏，却大师云集，精神丰盈。 八年间，培育出两位诺贝尔奖得 主、八位"两弹一星"元勋、百余位院士。 2025年10月18日12时，著名物理学家、诺贝尔奖获得者杨振宁先生于北京逝世，享年103岁。 惊人教学成果的背后，离不开它豪华的师资力量—— 战火纷飞中，一方教室内，学子们仍能沉醉于知识的盛宴，已然是大师们风采的最佳印证。 如果你也梦想一睹吕思勉、朱自清、傅雷等前辈的风采，这套《民国大师通识课》或可为您开启一扇 门。 虽不能至，然心向往之——阅读此书，便是与那个风骨卓然的时代进行一场精神对话。 《民国大师通识课》 吕思勉、李叔同、朱自清、傅雷 助你修高雅品味，塑精神风骨 朱自清 用散文讲生活， 吕思勉 用故事讲历史， 李叔同 用作品讲中国绘画、书法， 傅雷 带你认识西方绘画、雕塑作品。 不管 是想要陶冶性情 ，培养风雅闲趣，还是 从历史根本处， 知兴衰之理， 明进退之道。 这套书都能让你，真正体会什么是：听君 ...