MHh
03-25
$TENCENT(00700)$ is my longest losing friend. I treat it as an ETF with future potential in the cloud space for China rather than its current games portfolio. I am still optimistic about it in the medium to long term as it expands into more markets for its games. The US-China tension can be double edged. While the stock price is dragged down based on market sentiment and the broad Chinese market poor performance, the tendency for the Chinese to only use a cloud platform from their own country may boost the stock price in the future. The Chinese government has also eased back on regulations which is a good thing. The bagholder experience is definitely a test of faith and patience! Important to know one’s investment horizon. Not for those who want a quick gain in this climate.
A Bagholder Forever? Which Stock May Never Recover?
Which of your stocks may never recover? Let's talk about your longest-lasting "losing-friend". For example, those bought First Republic Bank and Silicon Valley Bank during the bank run; Or those who participated in the 2021 short squeeze battle by buying GME or AMC; (GME is about to release earnings this week) Or perhaps those who bought Vinfast at its peak last year? ---------------- Which stock is your longest losing friend? Share your bagholder experience together? What lessons do you get from these stocks?
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