1
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巴菲特说投资最重要的不是智商

2
00:00:03,665 --> 00:00:05,214
你猜他说最重要的是什么

3
00:00:05,865 --> 00:00:06,774
不是信息

4
00:00:07,184 --> 00:00:07,974
不是人脉

5
00:00:08,304 --> 00:00:09,513
也不是经验

6
00:00:09,897 --> 00:00:10,945
他的原话是

7
00:00:11,016 --> 00:00:15,105
投资并非智商一百六的人战胜智商一百三的人的游戏

8
00:00:15,256 --> 00:00:16,645
一旦具备了基本智力

9
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你真正需要的

10
00:00:18,256 --> 00:00:20,186
是能克制冲动的性格

11
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我觉得 性格 这个词译得太轻了

12
00:00:23,816 --> 00:00:24,735
琢磨多年

13
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我认为更准确的说法是 意识品质

14
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哈喽

15
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大家好

16
00:00:29,806 --> 00:00:30,934
我是王利杰

17
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今天想聊一个困扰我多年的问题

18
00:00:33,925 --> 00:00:36,455
为什么掌握同样信息的两个投资人

19
00:00:36,486 --> 00:00:38,514
长期回报竟能相差一百倍

20
00:00:39,581 --> 00:00:41,471
我做天使投资十几年

21
00:00:41,581 --> 00:00:43,511
投了三百多个早期项目

22
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事后复盘

23
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最让我如鲠在喉的发现是

24
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那些最好和最差的决策

25
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信息质量几乎毫无差别

26
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行业分析做了

27
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尽调做了

28
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创始人深聊过

29
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竞争格局也看透了

30
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结果却天差地别

31
00:00:59,809 --> 00:01:02,257
有一笔投资至今记忆犹新

32
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那是个机器人项目

33
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创始人技术过硬

34
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团队扎实

35
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时机也成熟

36
00:01:07,928 --> 00:01:09,618
可那天我状态糟糕

37
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前一天刚收到另一个项目的坏消息

38
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情绪低落

39
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见面时脑子里一直有个声音劝我

40
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别冒险了

41
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最近运气差

42
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犹豫两周

43
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等我想通再去找人

44
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额度早没了

45
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后来

46
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那个项目成了独角兽

47
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反过来

48
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一笔亏得很惨的投资

49
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恰是在我特别兴奋时做的

50
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当时连中几个好项目

51
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自认手感火热

52
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看什么都像机会

53
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有个项目商业模式漏洞明显

54
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可赢家心态让我自动屏蔽了所有预警信号

55
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这两笔投资信息质量相当

56
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我的意识状态却截然不同

57
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这让我开始怀疑

58
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也许投资的终极变量根本不是信息

59
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华尔街有句老话叫 信息就是金钱

60
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可看看今天

61
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打开手机

62
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全球任何上市公司的财报 会议纪要 研报 卫星图

63
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几秒就能到手

64
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AI几分钟就能消化人类分析师一周的阅读量

65
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获取信息的成本已无限趋近于零

66
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但投资回报差距非但没缩小

67
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反而持续扩大

68
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这说明什么

69
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信息不是关键变量

70
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至少不是唯一的关键变量

71
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真正拉开差距的是什么

72
00:02:23,066 --> 00:02:25,055
我花十几年总结出一个公式

73
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投资能力等于信息质量乘以意识品质

74
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在信息质量趋同的今天

75
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真正的乘数效应来自意识品质

76
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什么是意识品质

77
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先不下定义

78
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讲一个你大概率经历过的场景

79
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买了一只股票

80
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买完就开始跌

81
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跌百分之五

82
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你安慰自己没事

83
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正常波动

84
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跌百分之十五

85
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心跳加速

86
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嘴上还硬撑看的是长期

87
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跌百分之三十

88
00:02:54,724 --> 00:02:57,292
每天睁眼闭眼都是看账户

89
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嘴上说不慌

90
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身体每个细胞都在喊

91
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快跑

92
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直到某天看到一条负面新闻

93
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或听说朋友清仓了

94
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你终于扛不住

95
00:03:07,534 --> 00:03:08,903
恐慌性抛售

96
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清仓那瞬间感受到的不是痛苦

97
00:03:11,934 --> 00:03:15,463
而是解脱 终于不用盯那个跳动的数字了

98
00:03:15,759 --> 00:03:16,534
通常

99
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那个清仓价恰好就在最低点附近

100
00:03:19,898 --> 00:03:23,267
这种故事在2008年金融危机发生过

101
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在2020年3月新冠暴跌时发生过

102
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在2022年也发生过

103
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2020年3月那次我印象尤深

104
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美股四次熔断

105
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全球恐慌

106
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身边几位资深投资人

107
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平时聊长期主义 价值投资

108
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别人恐惧我贪婪 头头是道

109
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真暴跌时还是忍不住清了仓

110
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等一个月后市场反弹再买回

111
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已亏了百分之二三十

112
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知识没用

113
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道理也没用

114
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那一刻起作用的

115
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是另一种东西

116
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现在问你

117
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清仓那一刻你缺什么

118
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缺信息吗

119
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你知道公司基本面没变

120
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知道历史上每次暴跌后市场终会恢复

121
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你什么都知道

122
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就是做不到

123
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你缺的不是信息

124
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是在巨大不确定性面前意识不崩溃的能力

125
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这就是巴菲特说的那个东西

126
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也是我说的意识品质

127
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这不是玄学

128
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神经科学有具体解释

129
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面对巨大财务压力时

130
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大脑杏仁核会将信号视为生存威胁

131
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绕过负责理性分析和长期规划的前额叶皮层

132
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直接向全身发出 战斗或逃跑 的化学指令

133
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皮质醇飙升

134
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心跳加速

135
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认知带宽急剧收窄

136
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那种状态下

137
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大脑字面意义上丧失了复杂概率判断能力

138
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理性下线

139
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本能接管

140
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这不是意志力弱

141
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是你的硬件按一百万年前的出厂设置运行

142
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那套设置是为了在草原躲避猛兽优化的

143
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不是为了在股市暴跌时做最优决策优化的

144
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换句话说

145
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恐慌性清仓那一刻

146
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做决定的不是你

147
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是你体内那个一百万年前的原始人

148
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他不懂股票

149
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不懂估值

150
00:05:07,179 --> 00:05:08,729
只知道危险信号来了

151
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赶紧跑

152
00:05:11,029 --> 00:05:13,389
那些能在暴跌中保持冷静的人

153
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并非天生意志力强

154
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而是神经系统受过训练

155
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哈佛和麻省总医院的研究团队发现

156
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长期冥想者的前额叶皮层明显更厚

157
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前额叶和杏仁核之间的功能连接更强

158
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这意味着压力来袭时

159
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理性系统不会被完全劫持

160
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恐惧依然在

161
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却不再拥有独裁权力

162
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你能在恐惧存在的同时

163
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依然调动分析能力

164
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怎么训练

165
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答案可能让你意外

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桥水基金创始人雷 达利欧

167
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管理过全球最大的对冲基金

168
00:05:48,806 --> 00:05:51,936
他从1968年开始练习超觉冥想

169
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坚持近六十年

170
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他说冥想是一生中做过最重要的事

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没有之一

172
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他在 原则 里写道

173
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冥想给了他一种能力

174
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让他能站在更高视角观察自己的情绪和想法

175
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而非被其淹没

176
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想想这意味着什么

177
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一个曾掌管上千亿美元的人

178
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面对的压力和不确定性是普通人的成千上万倍

179
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他说应对这一切最重要的工具

180
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不是更好的交易模型

181
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不是更快的数据

182
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而是冥想

183
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乔布斯年轻时修习曹洞宗禅法

184
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他的禅修老师乙川弘文是从日本赴美的一位禅师

185
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乔布斯甚至认真考虑过出家

186
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但乙川弘文劝他留在世俗

187
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在创造中修行

188
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乔布斯后来的产品哲学

189
00:06:41,136 --> 00:06:44,064
那种减到极致只剩本质的追求

190
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与禅宗心法同构

191
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他做产品决策时穿透噪音直达本质的直觉力

192
00:06:50,376 --> 00:06:51,575
不是拍脑袋

193
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是训练出来的

194
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芒格的方法更有意思

195
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他把投资哲学称为 坐等投资法

196
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就是坐在那里等

197
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大部分时间什么都不做

198
00:07:01,582 --> 00:07:03,351
直到绝佳机会出现

199
00:07:03,541 --> 00:07:06,091
这像不像禅宗说的 静坐观心

200
00:07:06,661 --> 00:07:08,390
大部分时间无所作为

201
00:07:08,421 --> 00:07:10,630
对管理几千亿美元的人来说

202
00:07:10,741 --> 00:07:11,930
需要的不是懒惰

203
00:07:12,181 --> 00:07:13,750
而是极强的定力

204
00:07:13,981 --> 00:07:16,651
你能不能在所有人行动时按兵不动

205
00:07:17,101 --> 00:07:19,430
能不能在看似无所作为时

206
00:07:19,502 --> 00:07:21,930
承受住可能错过机会的焦虑

207
00:07:23,081 --> 00:07:26,350
这种能力在佛学里有个精确术语叫 三摩地

208
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即定力

209
00:07:27,842 --> 00:07:28,871
不是心的空白

210
00:07:29,241 --> 00:07:30,491
不是没有想法

211
00:07:30,522 --> 00:07:32,611
而是心不被外境带走

212
00:07:32,761 --> 00:07:33,390
风在吹

213
00:07:33,761 --> 00:07:34,770
旗帜在动

214
00:07:34,802 --> 00:07:36,730
但注意力不跟着旗帜跑

215
00:07:36,881 --> 00:07:37,230
你看

216
00:07:37,602 --> 00:07:39,171
巴菲特说的性格

217
00:07:39,201 --> 00:07:40,311
达利欧练的冥想

218
00:07:40,602 --> 00:07:41,970
乔布斯修的禅

219
00:07:42,081 --> 00:07:43,691
芒格用的坐等法

220
00:07:43,842 --> 00:07:46,080
四人走了四条完全不同的路

221
00:07:46,081 --> 00:07:47,431
最后指向同一个东西

222
00:07:47,922 --> 00:07:51,530
训练意识在不确定性中保持稳定的能力

223
00:07:52,611 --> 00:07:54,740
我自己的体会也是如此

224
00:07:54,851 --> 00:07:56,580
投天使项目头几年

225
00:07:56,611 --> 00:07:58,399
复盘发现一个清晰规律

226
00:07:58,851 --> 00:08:03,099
最好的决策往往在我状态最清醒 最从容时做出

227
00:08:03,250 --> 00:08:04,890
不是信息最充分时

228
00:08:04,890 --> 00:08:06,779
而是内心最安定时

229
00:08:07,010 --> 00:08:10,380
那种时候我能听完创始人讲述整个故事

230
00:08:10,411 --> 00:08:11,490
不急着判断

231
00:08:11,491 --> 00:08:12,719
不急着表现专业

232
00:08:12,971 --> 00:08:14,299
只是安静地听

233
00:08:14,330 --> 00:08:17,099
让信息在脑中自行组织成形

234
00:08:17,210 --> 00:08:19,130
那种状态下做出的投资

235
00:08:19,130 --> 00:08:21,020
命中率远高于平均

236
00:08:21,890 --> 00:08:24,719
而最差的决策几乎都有共同特征

237
00:08:25,210 --> 00:08:26,859
要么被焦虑驱动

238
00:08:26,890 --> 00:08:28,770
觉得别人都在投这个赛道

239
00:08:28,770 --> 00:08:30,159
再不出手就来不及了

240
00:08:30,611 --> 00:08:32,339
要么被兴奋驱动

241
00:08:32,371 --> 00:08:34,130
某个项目数据太漂亮

242
00:08:34,130 --> 00:08:34,959
多巴胺上头

243
00:08:35,371 --> 00:08:37,060
恨不得当场签合同

244
00:08:37,411 --> 00:08:39,819
焦虑和兴奋看似完全不同

245
00:08:39,890 --> 00:08:41,000
却有一个共同点

246
00:08:41,410 --> 00:08:43,740
都让前额叶皮层下线了

247
00:08:43,972 --> 00:08:47,062
后来我开始每天花二十分钟做正念练习

248
00:08:47,253 --> 00:08:48,371
不是为了成佛

249
00:08:48,373 --> 00:08:49,762
只是为了训练一种能力

250
00:08:50,212 --> 00:08:53,532
在情绪升起时能看到它 标记它

251
00:08:53,533 --> 00:08:54,981
而非被它牵着走

252
00:08:55,332 --> 00:08:57,662
大概半年后我注意到一个变化

253
00:08:58,052 --> 00:08:59,121
不是变聪明了

254
00:08:59,253 --> 00:09:00,892
也不是能预测市场了

255
00:09:00,893 --> 00:09:03,861
而是做决策时那个空间变大了

256
00:09:04,373 --> 00:09:06,981
在刺激和反应之间多了一个停顿

257
00:09:07,509 --> 00:09:08,678
举个具体例子

258
00:09:08,950 --> 00:09:12,038
有一次我持仓的一只股票盘后突然大跌

259
00:09:12,109 --> 00:09:13,479
财报不及预期

260
00:09:13,710 --> 00:09:15,059
第一反应还是老样子

261
00:09:15,389 --> 00:09:16,428
心跳加速

262
00:09:16,430 --> 00:09:17,518
手心出汗

263
00:09:17,590 --> 00:09:20,479
脑中闪过画面 明天开盘赶紧卖

264
00:09:20,790 --> 00:09:22,268
但跟以前不同的是

265
00:09:22,269 --> 00:09:24,518
我能看到这个反应正在发生

266
00:09:24,749 --> 00:09:25,418
我跟自己说

267
00:09:25,790 --> 00:09:26,518
等一下

268
00:09:26,590 --> 00:09:28,158
这是杏仁核在说话

269
00:09:28,190 --> 00:09:29,839
不是前额叶在说话

270
00:09:30,070 --> 00:09:31,178
然后关掉手机

271
00:09:31,430 --> 00:09:32,278
洗了个澡

272
00:09:32,470 --> 00:09:34,359
第二天早上重看数据

273
00:09:34,430 --> 00:09:37,199
发现财报里虽有一个数字低于预期

274
00:09:37,269 --> 00:09:39,559
核心业务增长趋势却没变

275
00:09:39,749 --> 00:09:40,559
我没卖

276
00:09:40,710 --> 00:09:43,239
两个月后那只股票创了新高

277
00:09:44,340 --> 00:09:46,468
那个停顿可能只有零点几秒

278
00:09:46,620 --> 00:09:48,379
但就在那零点几秒里

279
00:09:48,380 --> 00:09:49,688
你可以多问自己一句

280
00:09:50,140 --> 00:09:51,539
我现在做这个决定

281
00:09:51,539 --> 00:09:53,649
是基于分析还是基于情绪

282
00:09:54,260 --> 00:09:55,208
有句话说得好

283
00:09:55,580 --> 00:09:58,149
在刺激与反应之间有一个空间

284
00:09:58,340 --> 00:10:01,548
那个空间里藏着我们选择回应方式的自由

285
00:10:01,860 --> 00:10:03,948
这句话被广泛引用多年

286
00:10:03,980 --> 00:10:05,308
出处已不可考

287
00:10:05,460 --> 00:10:07,979
但那个空间并非天生就在那里

288
00:10:07,980 --> 00:10:09,468
而是训练出来的

289
00:10:09,580 --> 00:10:10,739
冥想做的事

290
00:10:10,740 --> 00:10:13,588
本质上就是把那个空间一点点撑大

291
00:10:14,460 --> 00:10:16,529
现在说一个也许更根本的问题

292
00:10:17,100 --> 00:10:19,580
为什么我说意识品质在今天

293
00:10:19,581 --> 00:10:21,850
比历史上任何时期都更重要

294
00:10:22,380 --> 00:10:24,629
因为AI正在消灭信息差

295
00:10:24,840 --> 00:10:25,581
过去

296
00:10:25,581 --> 00:10:29,629
顶级投资人的护城河很大一部分来自信息不对称

297
00:10:29,901 --> 00:10:31,230
你认识更多人

298
00:10:31,301 --> 00:10:33,269
能拿到别人拿不到的数据

299
00:10:33,340 --> 00:10:34,950
有更快的信息通道

300
00:10:35,181 --> 00:10:35,769
但今天

301
00:10:36,140 --> 00:10:38,980
一个大学生用AI工具一小时

302
00:10:38,980 --> 00:10:40,100
就能生成一份

303
00:10:40,100 --> 00:10:42,590
质量不亚于专业分析师的研报

304
00:10:42,821 --> 00:10:44,670
信息壁垒正在坍塌

305
00:10:45,461 --> 00:10:48,031
当所有人都能拿到差不多的信息时

306
00:10:48,142 --> 00:10:49,770
竞争维度就发生了转移

307
00:10:50,182 --> 00:10:52,591
从信息获取转向信息处理

308
00:10:52,741 --> 00:10:54,941
而信息处理的瓶颈不在算力

309
00:10:54,942 --> 00:10:56,230
那是AI的强项

310
00:10:56,422 --> 00:10:57,130
瓶颈在于

311
00:10:57,461 --> 00:10:59,990
当信息告诉你一件不想听的事时

312
00:11:00,022 --> 00:11:01,331
你能不能真听进去

313
00:11:01,782 --> 00:11:04,541
当数据显示该卖掉你最爱的股票时

314
00:11:04,542 --> 00:11:07,250
你能不被沉没成本和禀赋效应绑架

315
00:11:07,902 --> 00:11:10,110
当市场给出反直觉信号时

316
00:11:10,142 --> 00:11:12,331
你能不让确认偏误将其过滤

317
00:11:13,005 --> 00:11:14,975
这些能力AI帮不了你

318
00:11:15,046 --> 00:11:17,414
因为最终按下买卖按钮的是你

319
00:11:17,485 --> 00:11:19,175
决定仓位大小的是你

320
00:11:19,245 --> 00:11:23,134
凌晨三点辗转反侧想着要不要止损的也是你

321
00:11:23,485 --> 00:11:25,085
AI可以给你完美分析

322
00:11:25,086 --> 00:11:27,175
却不能替你承受不确定性

323
00:11:27,566 --> 00:11:31,855
而投资本质上就是在不确定性中做决策的游戏

324
00:11:32,286 --> 00:11:33,524
你的意识品质

325
00:11:33,526 --> 00:11:36,935
决定了你能承受多大不确定性而不崩溃

326
00:11:37,406 --> 00:11:40,095
这就是AI无法替代的终极壁垒

327
00:11:40,462 --> 00:11:43,031
我不是说每个人都该打坐或学禅

328
00:11:43,421 --> 00:11:46,351
冥想只是训练意识品质的方法之一

329
00:11:46,661 --> 00:11:49,111
有人通过长跑获得类似效果

330
00:11:49,222 --> 00:11:50,991
有人通过写日记复盘

331
00:11:51,222 --> 00:11:53,911
有人通过与心理咨询师定期对话

332
00:11:54,141 --> 00:11:56,070
关键不在于具体方法

333
00:11:56,102 --> 00:11:58,700
而在于你是否在有意识地训练

334
00:11:58,702 --> 00:12:02,590
那种在刺激和反应之间创造空间的能力

335
00:12:02,858 --> 00:12:04,387
这里想特别说一点

336
00:12:04,539 --> 00:12:06,127
很多人听到这儿可能会想

337
00:12:06,498 --> 00:12:07,338
道理都懂

338
00:12:07,339 --> 00:12:08,348
就是做不到

339
00:12:08,579 --> 00:12:09,088
请注意

340
00:12:09,459 --> 00:12:11,348
做不到 本身不是问题

341
00:12:11,579 --> 00:12:14,348
知道自己做不到才是改变的起点

342
00:12:14,579 --> 00:12:17,547
怕就怕根本没意识到自己做不到

343
00:12:17,898 --> 00:12:19,627
你以为在做理性决策

344
00:12:19,699 --> 00:12:22,308
其实杏仁核已经替你做了

345
00:12:22,419 --> 00:12:24,787
觉察到自己正被情绪劫持

346
00:12:24,819 --> 00:12:27,387
这本身就是意识品质的第一步

347
00:12:27,539 --> 00:12:30,188
你不需要马上变成心如止水的人

348
00:12:30,299 --> 00:12:34,058
只需在下一次做投资决定前多停三秒

349
00:12:34,059 --> 00:12:34,848
问自己一句

350
00:12:35,299 --> 00:12:37,368
此刻推动我按下按钮的

351
00:12:37,579 --> 00:12:38,407
到底是什么

352
00:12:39,339 --> 00:12:43,738
如果你每天花大量时间研究K线 财报 宏观数据

353
00:12:43,738 --> 00:12:48,068
却从未花哪怕十分钟觉察自己的内在反应模式

354
00:12:48,179 --> 00:12:49,818
那你在投资上的努力

355
00:12:49,819 --> 00:12:51,988
就像一个人拼命升级软件

356
00:12:52,059 --> 00:12:54,308
却从不检查硬件是否过热

357
00:12:54,539 --> 00:12:55,427
总有一天

358
00:12:55,459 --> 00:12:58,027
硬件会在最关键的时刻死机

359
00:12:58,966 --> 00:13:00,475
这里有个很有意思的悖论

360
00:13:01,086 --> 00:13:03,455
越试图用意志力压制情绪

361
00:13:03,645 --> 00:13:05,414
情绪反弹越猛烈

362
00:13:05,605 --> 00:13:06,715
告诉自己不要慌

363
00:13:07,086 --> 00:13:08,534
结果越来越慌

364
00:13:08,806 --> 00:13:11,174
因为压制本身就是对抗

365
00:13:11,326 --> 00:13:13,335
对抗会消耗认知资源

366
00:13:13,365 --> 00:13:14,855
让你更快崩溃

367
00:13:15,125 --> 00:13:16,754
真正有效的不是压制

368
00:13:17,046 --> 00:13:17,975
是觉察

369
00:13:18,206 --> 00:13:20,134
你不需要让恐惧消失

370
00:13:20,285 --> 00:13:22,335
只需看到恐惧在那里

371
00:13:22,405 --> 00:13:24,495
然后选择不跟着它走

372
00:13:24,885 --> 00:13:27,014
这两件事听起来差不多

373
00:13:27,125 --> 00:13:29,095
做起来完全是两回事

374
00:13:29,285 --> 00:13:30,975
一个是跟情绪打架

375
00:13:31,086 --> 00:13:33,575
一个是站在旁边看它来去

376
00:13:34,006 --> 00:13:35,734
最后说一个最近的观察

377
00:13:36,006 --> 00:13:39,094
我发现那些在市场里活得最久的人

378
00:13:39,126 --> 00:13:40,374
不一定最聪明

379
00:13:40,445 --> 00:13:42,815
但一定跟自己情绪关系最好

380
00:13:42,965 --> 00:13:44,234
他们不是没有恐惧

381
00:13:44,565 --> 00:13:46,055
而是恐惧来临时

382
00:13:46,085 --> 00:13:47,275
恐惧不是老板

383
00:13:47,526 --> 00:13:48,734
只是一个信号

384
00:13:48,886 --> 00:13:51,335
他们能接收信号携带的信息

385
00:13:51,365 --> 00:13:53,134
却不会被信号劫持

386
00:13:53,803 --> 00:13:56,292
巴菲特说投资不靠智商

387
00:13:56,602 --> 00:13:59,651
达利欧说冥想是成功的最重要原因

388
00:13:59,962 --> 00:14:04,491
乔布斯在禅修里找到了穿透噪音直达本质的能力

389
00:14:04,762 --> 00:14:08,332
芒格用一生践行了定力就是最大武器

390
00:14:08,923 --> 00:14:11,371
四人走了四条完全不同的路

391
00:14:11,482 --> 00:14:13,572
最后指向同一个地方

392
00:14:14,002 --> 00:14:15,562
投资的终极壁垒

393
00:14:15,563 --> 00:14:17,411
从来不是你知道什么

394
00:14:17,482 --> 00:14:21,001
而是当你知道的一切都被恐惧淹没时

395
00:14:21,002 --> 00:14:22,611
你还能不能看得见

396
00:14:23,483 --> 00:14:23,951
说到底

397
00:14:24,243 --> 00:14:26,041
世上所有投资方法论

398
00:14:26,042 --> 00:14:29,402
无论价值投资 趋势投资还是量化投资

399
00:14:29,402 --> 00:14:31,612
都假设执行者是理性的

400
00:14:31,682 --> 00:14:34,242
但如果执行者的意识品质不过关

401
00:14:34,243 --> 00:14:37,652
再好的方法论到了关键时刻也会变形

402
00:14:38,162 --> 00:14:39,492
方法论是地图

403
00:14:39,522 --> 00:14:42,492
意识品质是你拿地图的手稳不稳

404
00:14:42,802 --> 00:14:43,392
手在抖

405
00:14:43,723 --> 00:14:45,532
地图再准也没用

406
00:14:45,843 --> 00:14:47,071
而这双手稳不稳

407
00:14:47,363 --> 00:14:48,112
不是天赋

408
00:14:48,402 --> 00:14:49,291
是训练

409
00:14:50,150 --> 00:14:52,639
你觉得在自己的投资经历中

410
00:14:52,790 --> 00:14:54,659
意识品质起了多大作用

411
00:14:55,270 --> 00:14:59,139
有没有过因情绪失控做出让自己特别后悔的决策

412
00:14:59,671 --> 00:15:00,139
如果有

413
00:15:00,431 --> 00:15:01,659
后来是怎么应对的

414
00:15:02,150 --> 00:15:04,679
欢迎在评论区聊聊真实想法

415
00:15:04,870 --> 00:15:05,539
我是王利杰

416
00:15:05,790 --> 00:15:06,634
我们下期见