Snowball today | 雪球

Today, I will summarize the annual gains of some dividend value price indexes and total return indexes, as well as the annual excess returns of tracked ETFs. The data is only counted for the past 14 years. It is considered to have gone through two rounds of bulls and bears, which has certain reference value. […]

1) BYD a) Since 2013, it has conducted more than ten on-site investigations on its production lines in Shenzhen, Changsha, Xi’an, Hangzhou, Guangzhou and other places. I once sat for 4 hours in a snack shop opposite the entrance of the battery factory in Kengzi, Pingshan, and counted The number of incoming and outgoing vehicles

On January 9, 2023, Dong Chengfei, Partner/Chief Research Officer of @瑞少资产管理报告, made a live broadcast about the 2023 annual thinking. Live review click this link Dong Chengfei mainly shared three issues: Thinking 1: Energy: Traditional energy prices may enter a period of downturn 1. The new energy revolution has just begun, and its volume has

————————— ▼ Lao Hong has always wondered why the photovoltaic industry is the best industry and LONGi is the best photovoltaic company, but why so many photovoltaic stock investors don’t like it. It is said that it is conservative, the information is not public enough, the technology is backward and it is unreasonable, etc., and

This article is only for discussion, let’s consider it a possibility, I don’t expect it to be right. Before 2021, the rapid growth of the cxo industry has brought about a strong wealth effect. For example, Asymchem, WuXi AppTec, Tigermed, and Hillhouse Capital have basically held them for a long time, but they have been

What kind of life do you think is meaningful? Is it to overcome obstacles on the investment road and realize wealth and freedom as soon as possible? Or is the career progressing steadily and becoming a leader in the industry? Or do you have a happy family and enjoy the small blessings of life? Perhaps

Since the opening of the A-share market for more than 30 years, it has experienced many cycles from peaks to troughs, and then from troughs to peaks. There are many opportunities for low position layout, and there are also many magnificent big market prices. But here’s the reality: Investor returns overall have been lackluster. It

1. Company Profile Huaneng Hydropower is the second largest river basin hydropower development company in China. The actual controller is China Huaneng Group. It is mainly engaged in the development, investment, construction, operation and management of hydropower projects. The company has the right to develop hydropower resources in the main stream of the entire Lancang

Zhonggai Internet has basically paid back its capital, and with the addition of Tencent, which was bought directly, it now has a 10% overall profit, but it also made some mistakes in the process, so I would like to reflect on it 1. The Fed’s interest rate hike was insufficiently predicted In 2021, when everyone

According to Japan’s experience, there are only 4 things that are hard to lose after the population declines significantly. 1. Cheap and high-quality food, daily necessities and clothing 2. Energy consumption 3. Funeral industry 4. Medical industry let’s see a picture This is how the Japanese stock market has performed over the past 30 years

$Wen’s Shares(SZ300498)$ $Muyuan Shares(SZ002714)$ In July last year, I wrote an article “Investment in Pig Stocks: Muyuan on the Left, Wen’s on the Right”. It has been more than a year since then. During this year, I have successively written some influential articles, such as the webpage link of “Wen’s shares are the most beautiful

In 2018, it began to build a position in LONGi Green Energy, and gradually increased its position to 15% in 20 years. After nearly two years of in-depth and continuous research, in June 2020, it was decided to significantly increase its proportion in the portfolio, reaching 60% within one to two days, and reaching a

Most subjective stocks in 2022 will be an extremely difficult year. Excluding a small number of private equity, most of the subjective stock long private equity has negative returns, and some even hit the largest retracement in history. Some funds that have performed well in the past will also suffer in 2022. Waterloo. Is there