Acknowledgments

Gratitude and the Passing On of Knowledge

The birth of this book, the CLEC Compendium, is not the accumulation of one person’s knowledge, but the distillation and witness of a vast body of collective wisdom. As the book comes into being, I hold gratitude in my heart, and I thank all the guides who lit the way along this journey in search of financial freedom and inner peace.

First, the deepest thanks must go to Teacher James. I am grateful for his years of continuously producing a great volume of public video teachings, taking investment concepts that were once wrapped in complex financial jargon and organizing them in a way ordinary people can understand. What Teacher James conveys is not only the technical framework of QQQ, the Beta value, or Buy, Borrow, Die (never sell, borrow against assets, pass on at stepped-up basis), but also an attitude toward life that stays rational, optimistic, and long-term disciplined in an era of mass money-printing. For years he has taken the elimination of poverty as the mission of his life, working to overturn the traditional laborer mindset of the Chinese-speaking world. This founding intention in education is the strongest foundation that made this book possible.

Second, I thank the 00662 community and all the fellow students who learned alongside one another. When markets shook and noise rose on every side, it was the atmosphere of discussion within the group, an atmosphere of daring to share, of mutual support, and of returning to first principles, that let this once rigid investment system reveal a warm and living vitality through the practice of countless people. I thank every friend who raised a sharp challenge, shared a painful lesson, or supplied empirical data. It is you who gave this book its real-world depth.

I also give special thanks to the friends in the community who, of their own accord, organized notes, developed backtesting tools, and built AI knowledge systems. These notes and tools carry no official guarantee, yet it is precisely their insistence on the raw data and the underlying logic that allowed genuine insight to pierce through the noise and be seen by more of the people who need it, while also offering many readers a gateway for cross-verification and a lower barrier to entry.

(This book is an unofficial reader compiled by the editor from CLEC’s public videos, lecture materials, community discussions, and personal study notes; it is not an official publication of the CLEC investment channel or of Teacher James. Where the content is inconsistent with the original videos or the teacher’s public statements, the original sources shall prevail.)

Special Thanks for Citations and Sources

This book has gathered and organized the wisdom of many content creators, communities, and book authors from beyond the CLEC system. Thanks are given here to all of them together.

YouTube Channels

Websites and Blogs

Books

Community Teaching Materials and E-books (not formally published)

International Thinkers and Classic Works (viewpoints cross-validated with the CLEC framework throughout the book)

Academic Research

Institutional Data and Public Resources

(The versions of the institutional data and public resources above are continually updated; when verifying, please rely on each institution’s latest announcements and original source materials.)

Communities

The “00662 LINE community” was established by students of their own accord, and has no direct connection to the CLEC investment channel (Teacher James). Teacher James himself has never set up or operated any community, group, or private-message channel. Any message that reaches out under the name of “the teacher’s private message” or “paid group entry” is, without exception, a scam. Listed below are the communities that provided materials, feedback, and proofreading support during the compilation of this book:

The “00662 community” main group and its side chat rooms:

Other related communities:

Contributions shared by fellow students from all quarters: Kate, Naixin, Brian, Chengfeng, Chris, Kris, Xiaofu, the Sergeant Major, Pon, Wo Ai Donghai’an, the Submarine, Huang Ban-shen, Jifeng, Lu-sir, Ganku Ren, and the data contributions of many other online friends.

The 00662 Community Management Team

Special thanks go to the fellow students who have long served as administrators in the 00662 community and in the “Simplest Way to Invest” community. The daily upkeep of group rules, the guidance of newcomers, the safeguarding of orderly discussion, the compiling of files, the development of backtesting tools, and the organizing of offline gatherings — these voluntary contributions are the key to the community’s long-term healthy operation and to newcomers being continually guided toward the right resources. Thanks are given below by common community nicknames (in no particular order):

Wealth Is a Gift (Fuyou Shi Tianfu), Yusheng, Happy 3Q Le’en, Kongshou Tao Bailang, Weifan / Xuanxuan, Kelly, Lao Zhang, Kris, QQQM, PC, OZ, Lily, Macro, Haiping, Phyphy, Chashuijian, SUN TPE, GamLIN, Qianshui Ting, Chris, Kevin, Pon, Cackliu, happiness Jun, Xiaofu, the Sergeant Major’s Lying-Flat Finance Notes Jeff, and Xu of Kaohsiung.

The real-world case studies shared by each administrator, the development of backtesting tools, the cross-chapter proofreading, and the mutual support among all of you are the most important nourishment that let this book grow from scattered notes into a systematic reader.

Finally, I thank every investor who has read this far. Thank you for choosing to believe in yourself, for being willing, through learning and cultivation, to reverse your family’s poverty. The end of this book is precisely the beginning of your independent thinking and your path toward freedom. May we, on the racetrack of capitalism, win not only wealth but also that ultimate meditative calm of “wherever the heart is at peace, there is my home.”

With gratitude, Blaise