Investing · Entrepreneur memoirs

Zhang Yiming:All-In Can Be Laziness

Zhang Yiming《Pingchangxin: Doing Extraordinary Things with an Ordinary Mind》· Section "All-in有时候是偷懒", paragraph beginning "很多人做业务会说要all-in" · Decision · Cognition · Investing

all-in有时候是一种偷懒,如果你想得很清楚了,战略应该如此,那没有问题。

Source: https://mp.weixin.qq.com/s?__biz=MzI5MzI4MzM1OQ==&mid=2247494108&idx=1&sn=5c25679337fc5ae09d109e54d17ed9ec
Locator:《平常心做非常事》九周年演讲全文,section "All-in有时候是偷懒",paragraph beginning "很多人做业务会说要all-in" · Verified:2026-10-19 · Verification:Exact match

Reading

Saying "all-in" can be a way to avoid thinking; a real strategy is not a gamble.

Context

Zhang did not reject all-in moves made after clear strategic thinking. What he warned against is "all-in" as a way to stop thinking - less a strategy than a gamble. Collapsing a complex judgment into a single bet, he argued, is a form of laziness.

Today's question

The last time you said "all-in," had you really thought it through - or had you simply stopped thinking?

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