On July 17th, investor Butler expressed on the Weibo platform that, waking in the middle of the night to see such a steep market decline, his initial reaction inevitably involved anxiety and panic. If one were to refer to the VIX fear index, its current reading would likely be at an extremely high level.
The high-volume, sharp sell-off is continually amplifying short-term market pessimism. However, investing is not a contest of knee-jerk reactions to single-day fluctuations, but rather a test of resilience to navigate through volatile cycles.
I consistently maintain that the bull market in the artificial intelligence industry will not conclude within a mere three or four years. The current significant downturn is merely a temporary setback within a long-term upward trajectory.
As long as one adheres to the principles of not using margin debt and avoiding leverage, while keeping a portfolio concentrated on high-quality enterprises underpinned by genuine earnings growth, one can have the confidence to accompany these assets through the passage of time.
Note: This article solely represents personal investment reflections and does not constitute any investment advice! Investing carries risks; caution is required! Furthermore, remember that one must never borrow money, use margin, or employ leverage for investing, as even the best companies can experience significant volatility along the way.
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