October 2022

The previous article published in May- buying chickens and watching pigs, pigs raise chickens , according to the pig-chicken ratio, it is predicted that the end of April will be the bottom price, which is the starting point for the stock price of this white chicken stock cycle (note that I am talking about following

In the process of looking at Wanhua’s financial reports over the years, I have always had a question. The management of such an excellent company as Wanhua does not hold shares, which is against common sense. Most of the good companies are owned by management. Only in this way can the personal interests of management

In a blink of an eye, the Hang Seng Index has returned to 13 years ago, with a drop of nearly 50% in more than a year, not far from the starting point of 20 years ago. Even Charlie Munger lost 30% of his heavy position in Alibaba. From a 20-year perspective, the Nasdaq and

Explanation of terms: SPAC: Special Purpose Acquisition Company is a special purpose acquisition company that has no business but is listed for the purpose of merging or acquiring companies. $COSCO SHIPPING Holdings (SH601919)$ is more like a spac that already has a profitable business. When everyone thinks that the economy is pessimistic, cash is undoubtedly

Value investing is about buying great companies at the top of the industry at low price-to-earnings ratios. During the downturn of the entire industry, the leading companies are the baby market value buys. To avoid misunderstandings, vote two to three. One look right can make a lot of money. It’s better if you look right.