Snowball today | 雪球

Before you know it, the Year of the Rabbit is coming. First of all, I wish all friends of Lao Du auspicious Year of the Rabbit and a prosperous stock market. In the past period of time, the market performance has been good. I believe that everyone has achieved more or less benefits. Congratulations to […]

The Fed’s balance sheet is interesting, with assets consisting primarily of Treasury bills and mortgage-backed securities. Liabilities mainly include bank bills, bank reserves and reverse repos. Historically, their return on assets was higher than their liabilities, with a positive net interest margin. Some of the profits earned by the Federal Reserve are used to pay

I remember Mr. Wu Jinglian once said that the Chinese stock market is not even as good as casinos. At that time, I deeply disagreed. My reason is that if you are not a gambler and do not participate in any gambling-related behavior in the market, naturally this market is a paradise for investors, not

This is the 18th article of my reading experience on “The Transcript of the Berkshire Shareholders’ Meeting”. The background of writing this series is: “If there is a “cheat book” for investment, in addition to Buffett’s letters to shareholders over the years, in fact, there is another material that is probably ignored by 99% of

#基金经理# $Jiu Cong Fund Manager Selection (TIAA026002)$ $Jiu Cong Fixed Income Plus(TIAA026005)$ $Jiu Cong Index Enhancement(TIAA026003)$ In the past two years of 2020 and 2021, active funds have performed very well, outperforming indexes such as the Shanghai and Shenzhen 300 by a large margin, creating a group of star fund managers and attracting many new

After watching “Top of the Wave” and studying Ali’s cloud computing, I really understood the meaning of intelligent farming. Some people think that the so-called intelligent farming is just a concept and a gimmick, but the real intelligent farming is actually an industrial innovation brought about by the fourth industrial revolution. In the third industrial

The market has experienced two years of turbulence in 2021 and 2022, and it is currently in the stage of the end of the bear and the beginning of the bull. The past two years have been accompanied by many complicated events, but for the market, it may not be so complicated. The core is

Xueqiu is an investment exchange community, and wonderful articles often appear in this community. The market in 2022 will be ups and downs and turbulent, and the performance of the fund market affects the hearts of every investor. This year, golfers paid more attention to funds, and excellent fund creators continued to emerge. Behind their

An old investment question, if a stock does not rise for several years, do you admit defeat and leave? There is also an equally old question. After a stock is bought, it plummets and then plummets. The market proves you wrong again and again. Are you really wrong? (1) The Past of Peter Lynch In

The three-year epidemic has made most people more or less confused about the future, and a small number of people have been completely changed by the epidemic! After all, the epidemic will fade away with time. There may not be many traces of the past ravages, but I believe that some indelible things have been

Is value investing easy? We just need to select an excellent company, follow it, accompany the company’s growth, and wait for the company to create a steady stream of cash flow for shareholders to obtain profits. It looks very simple. Is value investing easy? How to find competitive companies, conduct physical examinations for companies every

2019-2022$ $Focus Media (SZ002027)$ Building media revenue, rent payments, and point statistics are as follows: Note 1 : According to the reporting caliber, the annual revenue of ladder media should actually add value-added tax. If it is higher, the sales of a single point will actually be higher. Note 2 : The number of points

After reading the annual thinking of Ruijun Assets, we have many similarities in focus, such as: concerns about consumption decline caused by population issues; optimistic about new energy operators, etc. However , he has a different view from Mr. Dong on the issue of replacing old and new energy sources. Let me start with the