YiningLu

[짤린 개발팀장 @Fred7948]

✅대박 이거 알려준 사람한테
평생 절해야 할 판임

목이랑 어깨 뻐근해서 죽을 맛이었는데 이거 하니까 진짜 몇 초 만에 싹
풀리더라 ㅋㅋ

여태 왜 이 간단한 걸 몰랐나 싶다

어깨 통증 달고 살던 사람들 지금 당장 멈추고 이거 꼭 해봐

[老木Nova @laomunova]

卧靠，这个有点颠覆认知了！
运动哪里是为了减肥啊，人家真正的作用，是给大脑“充电”！

有一种叫海鞘的生物，小时候像小蝌蚪一样游来游去，有完整的大脑，可一旦找到地方定居下来，就会把自己的大脑吃掉！因为它再也不用动了，大脑对它来说就是个“奢侈品”——占体重才2%，却要消耗30%的热量，太不划算了。

你看，这像不像现在的我们？上班坐着、下班躺着，能不动就不动，结果大脑也跟着“躺平”了。可你知道吗？大脑天生就是为运动而生的！你动得越多，大脑就越活跃，还会分泌一种叫BDNF的“脑源性神经营养因子”，相当于给脑神经细胞“施肥”，让神经元连接更紧密，信息传递更快，记忆力、专注力、逻辑思维能力直接拉满。

深圳有个针对两万多名中学生的研究，结果特别扎心：运动频率越高，语数英成绩越好！每周运动三次以上的孩子，语文成绩好的概率高出31%，数学高出28%，英语更是高出35%！这哪里是在练身体，明明是在给大脑“升级”啊！

还有个更颠覆的真相：我们以前总以为大脑到24岁就定型了，30岁以后只会走下坡路。但最新的脑科学研究早就打脸了，大脑的可塑性是终身的！你30岁学新技能、40岁坚持运动、50岁接触新事物，大脑都会不断“重塑”自己，越用越灵活。

视频里有句话我特别认同：“肌肉是大脑的化工厂”。你做抗阻训练、有氧运动，肌肉就会产生各种神经营养因子，源源不断地送到大脑里。所以你看那些CEO、大学教授、政治家，再忙都要抽时间运动——不是他们精力太旺盛，是他们知道：不运动，一天都撑不下来！

所以兄弟姐妹们，别再等“有空再运动”了，也别纠结“做什么运动好”。先动起来！哪怕每天快走30分钟，哪怕在家做几组简单的力量训练，只要你开始动，大脑就会开始“长脑子”。

(视频资料来源：抖音 嗨咻HiShow)

[孔乙观察 @KongYiGC]

为什么美国很多超级富豪，股票涨了几百倍，宁愿抵押借钱也不卖？

因为在美国税制下，资产上涨不等于产生了应税收入，真正卖掉以后，未实现收益才变成资本利得。

而借钱本身通常不是收入。

这就是Buy Borrow Die：买资产，借钱花，一直拿到传承。

假设30年前花10万美元买股票，今天值1000万美元，账面赚了990万。

如果卖掉，这990万就要交资本利得税。所以富豪不卖，拿股票抵押借现金。

ProPublica研究美国超级富豪税务资料时，就把这种方式总结成了Buy Borrow Die。

甲骨文创始人Larry Ellison，2025年SEC文件披露，截至2025年9月，有3.46亿股Oracle股票被用于担保个人债务。

这就是典型思路：继续持有资产，需要现金时用资产换流动性。

真正厉害的是最后一环：税基抬升（Step-up in basis）。

美国税法规定，继承资产的税务成本基础，一般按持有人死亡当天的公允价值重新确定。

爸爸10万买股票，去世时值1000万。

孩子继承后，成本基础不再是10万，而变成接近1000万。

如果孩子1010万卖掉，资本利得只有10万——几十年积累的990万未实现升值，在资本利得税这一层被重新计算了。

这也是为什么生前赠与和生后继承在美国税法里根本不是一回事。

赠与资产通常继承原持有人的成本基础，继承资产通常按死亡时公允价值确定新基础。

所以Buy Borrow Die串起来就是：Buy买长期升值资产，Borrow需要现金时拿资产融资，Die一直持有到传承，获得税基抬升。

美国富豪真正玩的，不是怎么赚最多工资，而是怎么让财富长期停留在资产里。

工资是现金流，资产是财富，这两样东西的税务逻辑完全不同。

但中国投资者千万别直接照抄。非美国公民、非美国税务居民持有美国公司股票，还涉及美国遗产税。

IRS明确规定，美国公司股票属于非美国居民的美国境内资产，超过6万美元就可能触发706-NA申报门槛。

而美国公民和居民2026年联邦遗产税免税额是1500万美元，差距巨大。

Step-up basis不等于没有遗产税，这是完全不同的两个税。

Buy Borrow Die最值得学的，不是怎么抵押股票借钱，而是一个更底层的财富观：

真正的大财富，很多时候不是靠不断卖资产创造的，而是靠长期持有资产创造的。

工资解决今天，当资产足够大以后，最重要的问题甚至不再是今年赚了多少钱，而是我怎样尽可能不打断资产的复利。

希望本次分享对你有帮助，我是孔乙，复旦经济学博士，关注我，每天低频高质拆解宏观经济与投资技巧。

[Chris Millas @ChrisMMillas]

Yesterday, $PATH joined NCQA’s AI Learning Collaborative and I think the significance goes beyond a normal partnership.

The Collaborative brings healthcare organisations together to share real-world AI implementation experience and develop practical playbooks for how AI can be responsibly implemented, governed and measured in specific healthcare workflows.

UiPath is contributing its real-world implementation experience directly into that process.

That gives the company an opportunity to help shape how AI is actually operationalised across one of healthcare’s most complex and regulated workflows.

In turn, UiPath could become part of the implementation model that the broader industry ultimately learns from and adopts.

[Phathom @PhathomResearch]

$PATH As enterprises look to automate more of their processes with agentic AI, they are understandably confused as to how to proceed.

The crowded landscape is getting more fragmented every day with new models and SaaS agents constantly being brought to market.

The more fragmented the landscape becomes, the higher the demand will be for tool-agnostic solutions that simplify these complexities and deliver real ROI for their customers.

This is a main reason why I am so bullish on $PATH.

UiPath meets customers where they are: no matter where their data is, what SaaS agents they use, what model preferences they have, or if they still use non-API-based applications - UiPath provides end-to-end workflows that can handle all of it.

The company is extremely well positioned as they have gained the trust of their customers over the years as the #1 RPA solution on the market. They are now showing their customers the way to expand their automation beyond RPA and into agentic business process orchestration.

To illustrate the sheer fragmentation of the business process orchestration space, I have broken down some of the core components below:

Foundational Model Companies
- Anthropic
- OpenAI
- Google
- Meta
- Typesafe AI (Jev)
- xAI
- DeepSeek
- Mistral
- Moonshot (Kimi)

Cloud Database
- Snowflake
- Databricks
- Google BigQuery
- Amazon Redshift

Ecosystem Agent Frameworks
- Google Vertex
- Azure AI Foundry
- NVIDIA NIM

Agentic Developer Tooling
- Claude Code
- OpenAI Codex
- xAI Cursor
- LangChain

Enterprise SaaS Agents
- Workday (Illuminate)
- ServiceNow (Now Assist)
- SAP (Joule)
- Salesforce (Agentforce)
- Intercom (Fin AI)
- Clay (Claygent)
- 11x (Alice)
- Ramp
- Brex

Non-API Systems
- IBM Mainframes
- SAP GUI
- On-premise Databases
- Custom internal web portals

The more fragmented the AI stack becomes, the more valuable it is to have a single execution layer that can seamlessly stitch these tools together.

As long-term investors, we are still early - UiPath is beginning to gain traction in this market. With a large, global enterprise customer base and market-leading technology, I am confident UiPath will successfully guide its customers toward expanded products.

I remain highly convicted in the secular tailwinds that will propel this entire enterprise automation space forward - and $PATH along with it.

[淘喵先生 @Baoliaogeming64]

👁️🔥有人到今天还在说，当年那一针“安全有效”，质疑的人都是疯子。
可今天，美国佛州总检察长詹姆斯·乌斯迈尔站在检察长办公室的徽章前，对着镜头把账翻开了。
几周前他们刚确认一件事：福奇和那套生物医学国家机器，早就知道新冠疫苗有危险，却选择瞒着公众。调查现在还没停。
今天，佛州正式起诉辉瑞，连它的CEO阿尔伯特·布尔拉一起告！
起诉书写得很直白：虚假营销，把产品包装成“安全”，一边狂赚几十亿，一边是孕妇流产、青少年心脏病发作，这不是网友瞎传。是总检察长本人亲口说的。
封城的政客要的是权力，制药公司要的是钱。普通人付出去的，是命，是健康，是孩子😰
福奇早知道内情，但辉瑞还是赚到了，现在终于有一个州，把他们告上了法庭🔥
还记得当年谁骗你、逼你打疫苗、谁删你的真相帖、谁拍着胸脯说副作用是谣言吗？该被追责的，一个都别漏，这些凶手，没谁最后会逃得掉，不信我们慢慢看‼️💪

[WorkSight｜职场阅见 @WorkSightHQ]

【芒格：一生中有两件事绝对不要做】#投资

[Chris Millas @ChrisMMillas]

The $PATH partnership expansion with BDO is more important than it might look.

BDO is not only helping enterprises implement UiPath, but it’s effectively becoming another distribution channel.

BDO already has deep relationships across large enterprises and can now take pre-built UiPath-powered solutions directly into areas like internal audit, compliance, risk and the Office of the CFO.

That gives UiPath access to new customers, new buyers and new budget pools without having to build every relationship from scratch.

This is the advantage of having a strong partner ecosystem.

Turn other companies’ enterprise relationships into distribution for your platform.

[Chris Millas @ChrisMMillas]

Another hugely encouraging takeaway from the $PATH Investor Day was just how much room the company still has to grow inside its existing customer base.

Here’s what Hitesh Ramani said:

“…between 2020 to 2027, our average ARR for the top 25 customers has gone up from $2M to $10M, 5x. And our top 100 customers during the same duration has gone up 6x. Now this is a small subset of the 2,600 customers that I highlighted. I can just extrapolate the opportunity that we have in front of us in terms of continuing to expand the rest of the 2,500 customers.”

This is proof that individual accounts can expand several-fold.

What happens when it replicates this across the rest of the installed base?

People are vastly underestimating the kind of growth we could see over the coming 12+ months.

The potential is huge.

[前特工Eric.V @V_brigade_Eric]

——毛泽东在与斯大林的竞赛中获得碾压性胜利！😂

给大家配了个中文字幕～这玩意儿要是搬运回墙内，账号会喜提永封吧？

[Phathom @PhathomResearch]

🚨 BREAKING: $PATH announces expanded partnership with $SNOW allowing seamless data integration and addition to Snowflake marketplace.

- Snowflake data can now be accessed seamlessly within UiPath solutions via UiPath's Data Fabric.

- Snowflake data can be leveraged by UiPath Cartographer when creating a Map of Work.

- UiPath Business Orchestration and Automation can now be found in the Snowflake marketplace unlocking another sales channel for the business.

[Chris Millas @ChrisMMillas]

One of the biggest developments to come out of the $PATH Investor Day last week is Cartographer.

It reminds me a lot of Palantir’s Ontology, but specifically for workflows.

Palantir’s Ontology essentially creates a digital representation of how an organisation operates by connecting its data, logic and actions.

Cartographer is designed to do something similar for how work actually gets done.

It creates what UiPath calls a Map of Work, which is basically a living representation of everything involved in how a business process actually works from end to end.

Essentially, UiPath wants to turn enterprise knowledge into an AI-readable map of work that agents and automations can operate against.

This is what enterprises have been missing for decades.

The knowledge required to run a process is usually fragmented across systems, documentation, business rules and the people who actually understand how the work gets done.

Cartographer brings that knowledge together into a structured model that both humans and AI can understand.

Instead of AI agents being dropped into an enterprise and somehow expected to understand how the business works, Cartographer provides them with a structured model of the workflow they are supposed to operate within.

And importantly, that map is not just documentation.

Cartographer can feed the same definition into Maestro, Studio and coding agents to actually build and orchestrate the process.

Even more interestingly, runtime decisions can feed back into the Map of Work, meaning the organisation’s understanding of its own workflows can improve as the system operates.

Discover → Map → Build → Orchestrate → Learn → Improve

This is where the Palantir comparison becomes really interesting to me.

Palantir has spent years building an Ontology that helps software understand the operational reality of an enterprise.

UiPath is building something analogous around the operational reality of work itself.

[Jim Button @JimButton_]

Everest Group Process Orchestration Products PEAK Matrix® Assessment 2026

Last year UiPath was not part of the Leaders group.

$PATH

https://t.co/GiAnIua0Dr

[Chris Millas @ChrisMMillas]

If you were unsure about where $PATH management’s priorities now lie, Investor Day made it pretty clear.

When Daniel Dines was asked whether successful execution should translate into faster ARR growth over the next few years, his answer was about as clear as it gets:

“…this is why we are all here in all fairness. We want to build a growth company, and we all believe we have a tremendous opportunity in front of us.”

The last few years have been about building the product, platform, go-to-market motion and cost structure required for the next phase.

Management now clearly believes those foundations are in place.

The focus is growth.

[李老师不是你老师 @whyyoutouzhele]

吃苦就能成功？网友批其“胡萝卜神话”

近日，一名博主在视频中质疑“吃苦就能成功”的叙事：“公司需要产出，你要奋斗；系统需要顺从，你要牺牲；市场需要劳动力，你要吃苦。”

该博主将这类说法称为“胡萝卜神话”：一些大道理并非完全虚假，却放大了有利于整体系统、未必有利于个人的部分，将资源、人脉、资产和信息优势等影响成功的条件，简化成“天道酬勤”和“努力拼命”。

该博主追问：如果努力就能成功，没有成功是否就意味着不够努力？当人们相信贫穷源于懒惰，就容易忽略起点差异与结构性不平等。
视频结尾，她也强调努力本身有价值，不应把失败全部归咎于个人，也不要陷入“一切都是阴谋”的另一种僵化。

目前，该视频已被删除，博主账号也已无法搜索到。
删除前，视频获赞9.4万、收藏2.8万、分享3.4万，却没有一条评论。

[财经数据库 @caijingshujuku]

墙内有这种认知的人少之又少！
这个女博主的视频已被抖音封了

[WorkSight｜职场阅见 @WorkSightHQ]

斯坦福精选外刊：人一定要早睡早睡，早睡！

[Evan.Z @ddny09]

我曾每个月资助一个女孩300块。她考上大学那年，我又汇了3000，没想到她退了回来。

那是2010年开始的事。我在石家庄一家私企做前台，月薪2600。看到晚报上的助学信息，跟无极县一个刚上初中的女孩结了对。

她父亲受伤后干不了重活，母亲种地养猪，还要供两个孩子读书。

我每月发了工资，就给她汇300块，备注一直是“安心读书”。

她常给我写信，说考了年级第五，说家里母猪下了小猪。过年还真寄来腌肉和炒花生，纸条上写着：“姐姐，你尝尝。”

后来她考上高中，学校有了资助，我提出多给一些，她一直说够用。

等她打电话告诉我考上河北师大，我想着入学处处要花钱，赶紧汇了3000块。

没多久，钱退回来了，跟着来了一封信。

她说，暑假帮学生补课挣了些钱，入学后的生活费有了着落，学费准备申请助学贷款。以后不用再汇款，她想试着自己承担。

我把信看了两遍。心里高兴，也惦记她会不会太辛苦。

开学后，她坐公交来看我，带着家里的大枣和妈妈蒸的窝头。我们在楼下吃板面，她说毕业想回县里教书。

我问：“不想留在市里？”

她说：“县里的孩子也得有人教啊。”

后来她真回去了，当了中学数学老师。每年过节还跟我联系，寄些家里的东西。

再后来，看到她发朋友圈，说自己也结对资助了一个女孩，每月300块。

看到那个数，我一下就想起当年去邮局汇款的时候。

以前总觉得自己收入不高，能帮的有限。没想到过了这么多年，她也开始帮别人了。

[罗翔 @LUOXIANGF]

❤️刹那的温柔，便是浪漫！

夫妻之间的浪漫，从来不需要刻意安排。一个下意识的拥抱，一次轻轻的擦肩，一个顺手整理衣领的小动作，一句不经意的关心……看似平凡，却藏着最真实的爱。

真正的浪漫，不在轰轰烈烈，而在朝夕相处里的那些不经意。
因为心里有彼此，所以每一个小动作，都有了温度；因为陪伴足够久，所以最平淡的日子，也能开出浪漫的花。

❤️浪漫其实一直都在，只是藏在生活的细节里。

[空谷幽兰🌷🌷🌷七号 @youran19890604]

我已经服用伊维菌素三年了。没有副作用。一个都没有。我从SkyMeds买的——马用膏剂大约25美元。大多数人听了都笑，但它其实是最纯净的形式，因为马无法呕吐，所以没有那些垃圾填充物。我妻子被诊断出卵巢癌，还被告知永远无法生育。他们催她做子宫切除术。我们拒绝了。她采用了这个方案——伊维菌素、芬苯达唑、禁食、清洁食物。癌症消失了。然后她怀孕了。我们现在有一个健康的儿子，还有一个女儿在路上。❤️❤️

光是这点就足够了。但我还用这个膏剂治好了鼻子上的皮肤癌。还有几个亲近的朋友患有严重癌症——结肠癌、肺癌、乳腺癌——在使用它后6个月内都痊愈了。我不是医生。我只是知道我亲眼所见。SkyMeds发货，不需要处方。如果你正在抗争，至少研究一下这个。它让我们重获家庭。