KZ / 2026
LIVE --:--:-- CA

Investor / Builder / California

Kevin.Z

XJTUFDU ShanghaiLATokyo? BooksMoviesAI FamilyFriendsMyself AIFreedomFIRE

01 / Now

所思

idle

Hover a system on the left.

02 / Capital

安身

The principle / 总原则

Compound growth.复利增长

Everything below serves one thing: let capital compound for a very long time, and never interrupt it.

(1 + r)n · 30 years
  1. A

    Business model first

    Understand how a company makes money before asking what it is worth.

  2. B

    Find the valuation anchor

    Every business has a number the market prices it by. Know which one, and why.

  3. C

    Track the change at the margin

    Opportunity lives where the model is shifting before the anchor moves.

Rules I keep

  • No leverage.
  • Respect liquidity.
  • Quality over story.
  • Be slow with new things.
  • If it feels wrong, pass.

03 / Blog

洞见

blog.lazynest.netPrivate · password 长文与思考 Long-form essays on economies, markets and memory. Fifty-one pieces and counting. Open blog

04 / WeChat

悟语

Selected essays from the WeChat account 投资悟语

05 / Books

所著

06 / Memos

所念

All memos on memos.lazynest.net ↗

07 / GitHub

所造

github.com/zx2592 ↗