Snowball today | 雪球

When the economy is bad, it is a good time to look at the company, because DCF is used to value the company, and the cash flow decreases in one or two quarters, one or two years, and has little impact on the final value. However, observe the company: 1. Whether it has outperformed the […]

From August 19th to August 20th (in fact, it takes three days to drive back and forth), organized by Zhang Yansheng, chief chemical officer of Cinda Securities, including the CEO of Cinda Assets Inner Mongolia Branch, researcher of China Universal Fund, Ruiyuan Central Europe, etc. More than a dozen people, including investment directors or fund

One is making mistakes and facing many difficulties. The major shareholder, Wuhan Contemporary Technology Industry Group, has all 27.98% of its shares frozen or marked by the judiciary. It has been pledged by securities companies before and forced to reduce its holdings. This situation is very similar. How will this part of the equity be

Probably the last few articles about diamonds. I’ve said too much, and I’m annoyed myself, and it’s easy to be scolded by the giant baby. Say a few points. The growth rate of the entire diamond market has almost stalled. The penetration rate of lab-grown diamonds is now below 5% globally. The cost of cultivated

The inspiration came from looking at Li Bei’s speech at the 2014 Golden Bull Award Moment and a simple discussion with a self-operated FOF friend of global investment. Today, I will share with you the macro strategies that you don’t know. The straight-to-the-point conclusion is that managers who have done better in private equity macro

The rise of China’s pharmaceutical innovation in recent years is an indisputable fact, but it is the overall driving force of the industry that combines the right time and place , which makes the analysis of individual success factors confusing. It is precisely because of these changes that drive the leap-forward development of the industry

#Snowball Fund Research Team# On August 19, I was honored to follow the Snowball research team to participate in the research of Qiao Liang, the manager of Wanjia Fund. The Wanjia CSI 1000 Index Enhancement (005313) managed by Qiao Liang has ranked first in the performance of the CSI 1000 Index Enhanced Fund in the

Let’s start with the conclusion : I think the Tongwei module incident was amplified by emotions last Friday, and the actual impact was not so great. Next week should be a better time for photovoltaics to replenish their positions. If photovoltaics continue to be affected by the Tongwei incident Fall, may wish to boldly increase

@Today’s topic # Snowball Star Project# $ Wanwei High-tech (SH600063)$ $ Goertek (SZ002241)$ $ Sanli Spectrum (SZ002876)$ I read the news two days ago and saw a report by Mingqi Guo on Apple’s MR products. The report mentioned that Apple’s MR will be released in January next year. With the continuous release of industry chain

(After buying Coca-Cola at 0.4PR, “buy $1 for 40 cents” became Buffett’s mantra) #market-to-earnings# Foreword: I recently watched the TV series “Basic Law of Genius” and found that it is not difficult to invent a valuation formula in the investment field. What is difficult is to prove its universal correctness. As the inventor of the

On August 14, Rakesh Jhunjhunwala, an Indian billionaire, stock investor and known as “Indian Buffett”, died in Mumbai at the age of 62. Left 5.8 billion US dollars (about 39.1 billion yuan) wealth. His best shot was to buy jewellery brand Titan, which he bought at an average price of Rs 4.5 per share in

1. The cycle of industry development is generally divided into the introduction period (0-1), the growth period (1-N), the maturity period (N-N+1), and the recession period. 2. Under the premise of the development cycle of the entire industry, the cycle of subdivided industries will also be different. The most perfect thing is that both volume

Net worth analysis is also an important part of quantitative analysis of funds, because net worth data is easier to obtain than position data. When holding position data is not available, we have to rely on net worth data to do some quantitative analysis. There are many methods of net worth analysis, various indicators, and