Core Insights - The article emphasizes three key principles for success in business: selecting the right trends, having a long-term perspective, and maintaining a high frequency of iteration, with the latter being a counterintuitive insight [1][4]. Group 1: Key Principles - The first principle is the importance of accurately selecting major trends, such as in e-commerce and food delivery, which is a common understanding among successful entrepreneurs [2]. - The second principle highlights the necessity of a long-term approach, suggesting that significant results often take 15 to 20 years to materialize, contrasting with short-term gains that may attract more competition [2][4]. - The third principle, which is less commonly accepted, stresses the need for rapid iteration within a chosen long-term path, as seen in successful companies like Nvidia and Meituan, which adapt quickly based on market feedback [4][9]. Group 2: Examples and Comparisons - Companies like Nvidia exemplify the principle of high-frequency iteration, releasing new products annually compared to competitors who may take several years, thus maintaining a competitive edge [8][12]. - The article draws parallels between business iteration and reinforcement learning, where real market feedback is crucial for growth and improvement, emphasizing that practice and adaptation are essential [9][11]. - The discussion also notes that striving for perfection can hinder progress, and that successful companies often prioritize rapid iteration over perfection [11].