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Continue reading →: Debits, Credits, & Daydreams
Welcome to Diffie’s basement! This is my first post. And everything you want to know is right here! Why This Blog Exists Hey folks! I’m Diffie, a soon-to-be grad student heading to Wake Forest University for accounting. Honestly, moving to the U.S. was kinda an impulsive decision—like, who wouldn’t get…
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Continue reading →: Your First Lesson in Starting a U.S. Business: How to Choose Your Company’s Legal Entity
Navigating the U.S. business landscape can be daunting, especially when you’re bombarded with unfamiliar terms like “LLC” and “C-Corp.” I remember my confusion when I first heard these phrases in business school. Choosing your business entity is like selecting your character’s class in a video game. It determines your rules…
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Continue reading →: My 21st Year: Systems, Drugs, and Everything In Between
December 11, 2023I had been in the U.S. for about two months. I celebrated my 21st birthday with a dinner in my dorm room with two roommates, two friends from the team, and my friends back in China who joined online. December 11, 2024I had just arrived in Chicago for…
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Continue reading →: Recent Reflections: How to Actually “Practice” Your Mindset
First off, I owe you all an apology for the recent lack of updates due to my academic commitments. I’ll be managing my time better to maintain a regular posting schedule. I got back from the court tonight as it was getting dark. While thinking about the arc of my…
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Continue reading →: The Subprime Mortgage Crisis: The Domino Effect Behind Greed
In the 1970s, class contradictions in the United States gradually became apparent. Stagnant income levels for ordinary people meant their consumption demands could not be met. To alleviate this pressure, the U.S. government began implementing a “credit welfare” policy, significantly lowering loan interest rates and relaxing lending conditions, making it…
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Continue reading →: Step-by-Step: My 2024-2025 U.S. Grad School Application Process
In this article, I want to share how I completed my U.S. Master’s application all by myself in the winter of 2024. I only applied to two schools: UT-Austin (The University of Texas at Austin) and Wake Forest University (WFU). Here’s why: My Background Application Timeline & Results Choosing Schools…
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Continue reading →: My Journey of Job Hunting in the US — How I Made Decisions and Grew Through Each Step
In September 2023, I arrived in the United States. During my first month, I started participating in student-run business organizations on campus. Unlike universities in China, many U.S. colleges have hands-on clubs tied to each major or school—such as finance clubs, entrepreneurship societies, fraternities and sororities, and consulting clubs. These…
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Continue reading →: The Weight of Love: From Abstract Ideals to Concrete Actions
Introduction: What Is Love? Let me begin with a simple question: How do you understand love? I won’t drown you in abstract philosophical definitions. Instead, I strongly resonate with a perspective shared by Professor Luo Xiang: “True love is not love for humanity as a whole, but always love for specific…
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Continue reading →: Bitcoin vs. Fiat: Can Cryptocurrency Ever Replace Traditional Money?
Author’s Note:Before we begin, I want to clarify that this article contains a significant amount of specialized knowledge in finance. I will do my best to explain various concepts clearly, but there may be some inaccuracies due to my limited expertise. I apologize in advance for any misunderstandings or errors.…
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Continue reading →: The Logic of Love: Reflections and Insights
Author’s NoteBefore diving in, I want to ask: Do you believe love has logic? Recently, while discussing a book with friends: The Logic of Love: Breaking Cognitive Traps in Relationships. I found myself reflecting on its ideas and my own perspectives. Below, I’ll share some thoughts inspired by the book…
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Continue reading →: The Most Important Lessons I’ve Learned in America
Hello everyone! It’s been a while. I hope you’re all doing well. A New Chapter Begins I’ve been busy living what I’ll call my “plot twist era”, but more on that later. First, some news: This blog is expanding beyond my personal stories! Soon, I’ll share interviews with people whose…
