以下是这段内容的中文翻译： 演讲者回应了“为何今日SpaceX和特斯拉的股票飙升？”这一问题，坚称**唯一真正有效的答案**就是今日买卖双方的力量不平衡，且买方力量远超卖方。追逐这些股票的资金远多于愿意出售的卖方。 他们承认人们可以**猜测和推断导致这种不平衡的原因**，但强调没有人能**真正知道**个人买卖决策背后的具体深层原因。他们指出，任何声称确切知道除了供需失衡之外的股票波动“原因”的人，都是错误的。 尽管对原因的猜测（例如，利好消息让未来看起来更光明）“完全没问题，也合情合理”，但演讲者认为，除非**逐一调查每一个参与者**（个人、机构、投资者、养老基金），并获得他们决策的真实原因，否则真正的“为什么”仍是未知数。因此，对于今天的飙升，演讲者总结道：“我不知道。你不知道。没人知道。” 这种观点指导了他们的个人投资策略：他们**不参与关于短期股价波动的“猜谜游戏”**。相反，他们专注于“尽力根据未来的结果来评估公司价值”——他们承认这本身也是一种猜测。他们的买卖决策都基于这种长期估值。 一个“剧透预警”表明，他们**从未出售过任何一股特斯拉股票，也无此打算**，SpaceX亦是如此。他们的买入行为完全基于他们对**公司长期未来价值**的信念，将其与**当前购买价格**进行比较，并确保“这两个数字之间的差额足够大，足以覆盖任何不确定性。”如果这些条件得到满足，他们“手头有现金时就会买入。”

The speaker addresses the question, "Why did SpaceX stock and Tesla stock surge today?" by asserting that the **actual and only valid answer** is simply an **imbalance between buying and selling** today, heavily favoring buying. More dollars were chasing these stocks than there were sellers. They acknowledge that one can **guess and extrapolate what might have caused this imbalance**, but emphasizes that one can **never truly know** the specific underlying reasons for individual buying and selling decisions. They state that anyone claiming to know the definitive "reason" a stock moved, other than this supply/demand imbalance, is mistaken. While speculation about the causes (e.g., positive news making the future seem brighter) is "completely fine and reasonable," the speaker argues that without **individually surveying every single participant** (person, institution, investor, pension fund) and getting honest responses for their decisions, the true "why" remains unknown. Consequently, for today's surge, the speaker concludes: "I don't know. You don't know. No one knows." This perspective informs their personal investment strategy: they **don't play the "guessing game" about short-term stock price movements**. Instead, their focus is on doing their "best to value the company based on future outcomes" – which they admit are also guesses. Their buying and selling decisions are based on this long-term valuation. A "spoiler alert" reveals they **haven't sold a single share of Tesla stock, nor do they intend to**, and the same applies to SpaceX. Their buying activity is solely based on their belief in the **long-term future worth of the company**, comparing it to the **current purchase price**, and ensuring the "difference between those two numbers is meaningful enough to cover any uncertainty." If these conditions are met, they "just buy when I've got cash."