[ Ten billion Hong Kong dollars is going south to buy the bottom, how to judge whether to follow ? 】 In the past three trading days, the net inflow of funds from southward to Hong Kong stocks has exceeded 10 billion Hong Kong dollars, and the Hang Seng Technology Index has also performed well. […]
Today, I received news of Sunac’s debt restructuring. The first reaction is – no reaction, probably because these are expected things. At the current price, my loss on Sunac is 2 million, and there are still hundreds of thousands of positions left, but this is already a small part of the family’s assets, and it’s
Talk about Sunac’s loss of 2 million+ Read More »
I just did a live broadcast yesterday, talking about how ordinary investors understand companies, markets, valuations and the length of their holdings. I saw a communication letter from Li Jie to his fund investors this morning. Feeling inspired, write something. After four bear markets, Li Jie (Crystal Fly Swatter) suffered the most tragic moment in
Ordinary investors’ stock market survival strategy from Li Jie’s communication letter Read More »
On May 6, I wrote an article and made a statistic, Select the time point at the end of each year and several historical time points to calculate the proportion of low PE companies in the number of all listed companies. Low PE is defined as a PE (TTM) between 0 and 20. After being
Extremely pessimistic, here is the bottom Read More »
Yesterday, I wrote a short post at random, and said a few snowball players who were willing to pay. Because it mentioned @ice_China Merchants Bank Guzidi, a controversial golfer, a lot of strange people came to show their superiority, this one spit, that one spit, it seems that you will grow taller by stepping on
The details know people, and I choose them as fund managers. Read More »
Things are in order, the rhythm is this. 1: Reform of medical examination and approval, medical insurance began to be included. Everyone is very excited, the era of innovative drugs has come! The stock price started to rise. 2: Several leading innovative drug companies have shown strong execution, and the situation feels completely new. Shares
The rhythm of domestic innovative drugs Read More »
Today, Oudi’s holdings have plummeted, is the logic still there? The grain concept plate is taken, but it is not a grain stock, but a grain of grain. It’s not pesticides, it’s not the seed industry, it’s another. Let’s talk about the impact of the global food crisis on China: 1. China has the world’s
Holding positions plummet: talk about the logic of holding stocks Read More »
# Changchat CSI 300 Index Investment Value# On April 8, 2005, the first cross-market index in the A-share market was born – the CSI 300 Index, which is the largest and most liquid among the Shanghai and Shenzhen exchanges. It is composed of 300 leading companies to comprehensively reflect the overall performance of China’s stock
Kweichow Moutai, the stock king, is no exception. The industry that exceeded expectations in the first quarter of this year is undoubtedly liquor. Whether it is a first-line famous wine or a second- and third-tier brand, there is nothing to say, but why is it not reflected in the stock price? Because the sense of
The most untouchable industry in the next two years is liquor Read More »
16 years ago, I entered the A-share market with Buffett’s philosophy, thinking, logic and perspective. In the past 16 years, whenever I encountered the articles of Buffett, Munger, and Peter Lynch, I regarded them as the Bible, read them word by word, and loved them. It can be said that many of their wise sayings,
Read Buffett’s 2022 Shareholders Meeting Read More »
The calculation of index valuation is one of the most common problems encountered by our index fund investors. Today, 61 uses a “buyer’s perspective” to explain how the index valuation (PE) is calculated. Let’s start with the basics, and the title of this article is in the second part. 1. Basic Concepts In the securities
Buy-side perspective: how the index valuation (PE) is calculated Read More »
At present, many investors prefer “asset-light” companies and reject “asset-heavy” companies. Let’s first define the difference between “asset-light” and “heavy-asset”. When we say that a company is an “asset-light” company, it usually means that the company’s main assets are intangible assets such as databases, patents, copyrights (such as Internet companies, media companies), or the company
The myth of heavy assets Read More »
What kind of business is Pien Tze Huang? Text: Sweeping Monk Sima Yi Dubbing: Man Xichen After getting through the part of being able to endure the loneliness, the next thing is to keep the prosperity. And keeping the prosperous part is tens of millions of times harder than enduring loneliness, which is comparable to
What kind of business is Pien Tze Huang? Read More »