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2021-06-23

Niceee

Forget AMC: These 3 Meme Stocks Actually Have a Future

2021-06-23

Ohhh wow

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2021-06-18

How is xpeng compared to Nio or Li?

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2021-06-18

Nicee

ChargePoint’s Network Effects Will Make It the Next ‘Shell’

2021-06-16

Oh no.

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2021-06-01

Solid advice

3 Investing Mistakes That Could Wipe You Out in a Market Crash

2021-04-06

Hmmm

Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time

2021-04-06

Hmm

This analyst says Tesla’s stock is worth $150 — which would be a 78% discount

2021-04-06

Hmm

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Go to Tiger App to see more news

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23:25","market":"us","language":"en","title":"Forget AMC: These 3 Meme Stocks Actually Have a Future","url":"https://stock-news.laohu8.com/highlight/detail?id=2145052095","media":"Motley Fool","summary":"Not all meme stocks are alike.","content":"<p>Having a long-term outlook has always been an investor's greatest hidden asset. The stock market has been a massive wealth creator over the decades if you had the patience to just sit tight. It's a fairly incredible feat that whether you look back over the last 100 years or just the past few decades, the average total return of the <b>S&amp;P 500</b> is around 10% annually.</p>\n<p>While traders have always jumped in and out of stocks, trying to pick the right entry and exit points, this year in particular has seen a tremendous influx of investors looking to ride the meme stock trend.</p>\n<p>No stock represents that phenomenon better than <b>AMC Entertainment Holdings</b> (NYSE:AMC), which is the best-performing stock in the market by far with gains of nearly 3,000% since the start of 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/e52f3c866905316452fa461447bc7057\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Bringing down the curtain on AMC</h3>\n<p>Beyond just beating back hedge funds attacking the theater operator with short sales, investors have piled into AMC Entertainment because a vaccinated population can go to the movies once more to see all the films that studios banked during the pandemic. The influx of moviegoers will lift both admission revenue and the highly profitable concession sales, with business getting back to pre-COVID-19 levels.</p>\n<p>The problem is that AMC was a business in decline before the coronavirus outbreak. It's not just the theater operator's problem, it's an affliction the entire industry is suffering from.</p>\n<p>Theater ticket sales peaked at 1.57 billion in 2002 and have steadily fallen from there. In 2019, fewer than 1.23 billion tickets were sold.</p>\n<p>Theaters have masked the decline by charging more for a ticket, so despite falling sales, box office receipts have actually grown. The $9.1 billion generated 19 years ago became $11.2 billion just before the pandemic closed everything down.</p>\n<p>That may seem beneficial, but continuously rising prices, particularly with the advent of streaming video, have cut into the need to go to the box office, and all the major studios have committed to supporting their streaming services even as they send films to theaters.</p>\n<p>AMC also had to take on significant amounts of debt to survive the COVID outbreak. It ended the most recent quarter with $5.4 billion in long-term debt; $1.6 billion in current liabilities; and $4.9 billion in operating-lease expenses, of which $800 million is due this year, followed by another $1 billion next year.</p>\n<p>While it raised over $1 billion this year, it posted a loss of $567 million and burned through $313 million in cash.</p>\n<p>AMC Entertainment is not a place for long-term investors to park their money.</p>\n<h3>Forget AMC and consider these meme stocks instead</h3>\n<p>Movie theaters aren't going away, but there are better places for your money, even among other so-called meme stocks. That's because they have a stronger business or better growth prospects than AMC. The following three stocks could all give you the excitement of the meme stock craze while offering long-term potential, as long as you don't get caught up in the excitement and overpay.</p>\n<p><img src=\"https://static.tigerbbs.com/a5c7d1564239ae8b7f0599f43d88f184\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>1. Bed Bath &amp; Beyond</h3>\n<p>I had pretty much written off home furnishings retailer <b>Bed Bath &amp; Beyond</b> (NASDAQ:BBBY) when it was still in the clutches of an entrenched management team with a sclerotic board of directors that failed to challenge leadership to make the changes necessary in an altered retail environment.</p>\n<p>Yet showing that hedge funds can be a force for good, activist investors cleaned house at the retailer, clearing out the C-suite and the board, and embarked on dismantling the sprawling collection of businesses that Bed Bath &amp; Beyond had amassed.</p>\n<p>The pandemic struck at the worst possible time, just as the home goods store was going to focus on its narrowed core businesses. But now, as the economy is reopening, Bed Bath &amp; Beyond has the chance to shine.</p>\n<p>One of the unique aspects of the retailer's business was its ability to generate inordinate amounts of cash. It used to regularly produce in excess of $1 billion of free cash flow (FCF), and just prior to the outbreak it was still generating $750 million worth. Then it was forced to close its stores, and the economy was upended. Yet even as it emerges from the wreckage, Bed Bath &amp; Beyond reported it was already FCF positive, producing $62 million last quarter. Expect that to grow in the coming quarters.</p>\n<p>It has invested heavily in its e-commerce platform and its supply chain, and the narrower focus should allow it to return to its pre-eminent position atop the home goods industry.</p>\n<p><img src=\"https://static.tigerbbs.com/2b9b0706e36e2038b277532e6820963d\" tg-width=\"700\" tg-height=\"482\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>2. Corsair Gaming</h3>\n<p><b>Corsair Gaming</b> (NASDAQ:CRSR) is something of a more-recent phenomenon, as it only just went public last September. But the esports and live-streaming trend has so much potential for growth that Corsair -- an equipment and accessories maker -- should see tremendous lift in the years ahead.</p>\n<p>Unlike many other meme stocks, it wasn't hurt by the pandemic, but rather helped as people were forced to stay home and turned to gaming for their entertainment. Corsair has been around for years and has developed a reputation as a quality manufacturer, so its products were in high demand. Last quarter, it reported record results with revenue soaring 71% over the year-ago period to $529 million, and earnings surging to $0.41 per share from just $0.01 a year ago.</p>\n<p>The company is also new to the meme stock mania, only just joining the ranks as nearly 22% of its outstanding shares are sold short. The Reddit crowd obviously sees this stock as <a href=\"https://laohu8.com/S/AONE\">one</a> to flip, and the price jumped 13% this week. But that's not the reason you want to buy it.</p>\n<p>Corsair makes high-end, high-performance headsets, keyboards, mice, controllers, and gear for live-streaming gamers and content creators. It also sells computer components including memory cards, cooling systems, and power supplies, and has two proprietary platforms, iCUE for gamers and the Elgato streaming suite for creators.</p>\n<p>The company points out that data from gaming and esports market researcher Newzoo shows an estimated 825 million console gamers globally in 2020, and over 40 million active gaming channels on <b>Alphabet</b>'s YouTube. There are also millions of active streamers across Twitch and <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> Gaming, as well as on platforms of Chinese gaming sites <b>Huya</b> and <b>DouYu</b>, to drive sales of gaming and content-creation gear.</p>\n<p>There's a substantial growth trajectory still ahead for Corsair Gaming, <a href=\"https://laohu8.com/S/AONE.U\">one</a> that shouldn't be obscured by having become a meme stock favorite.</p>\n<p><img src=\"https://static.tigerbbs.com/8c01389388c3306ea6e9b152ac7e7f05\" tg-width=\"700\" tg-height=\"465\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>3. GameStop</h3>\n<p>As the original meme stock investment, <b>GameStop</b> (NYSE:GME) might be a surprising choice, particularly in light of the stock trading north of $220 per share, a 1,050% gain year to date. But that's where having patience and waiting for the momentum crowd to move on can reward you. GameStop actually has a turnaround-investment quality that could allow handsome profits.</p>\n<p>If theaters are on the decline, then video-game retail stores are sure to follow the same path as Blockbuster Video.</p>\n<p>Which is exactly why the new management team, almost wholly brought over from <b>Amazon</b> and Google, seeks to remake the video game retailer into a consumer-focused, online-oriented gaming company. Chairman Ryan Cohen envisions turning it into the \"Amazon of gaming.\"</p>\n<p>It's starting from a solid foundation, having used the meme stock trading frenzy that boosted its share price to raise new capital to completely pay off its debt. While that diluted existing shareholders, not something to be taken lightly, it did allow the company to replenish its coffers and position itself to implement its strategy.</p>\n<p>Since gaming is increasingly moving toward digital downloads and online play, it's essential GameStop move in that direction as well. Theaters can't really respond effectively to how viewers are watching movies today; GameStop has a chance to reinvent itself in a way few businesses can.</p>\n<p>There's no doubt GameStop is the riskiest of these three because it's a bet on an essentially untried transition. But the pandemic did show people turning to GameStop's e-commerce platform in record numbers, which indicates its well-known brand could be a beacon for customers seeking gaming media, equipment, reviews, and more from the retailer.</p>\n<p>Instead of betting on AMC's declining business and industry, GameStop is a stock that could pay off handsomely if you wait for it to offer attractive valuations.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget AMC: These 3 Meme Stocks Actually Have a Future</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForget AMC: These 3 Meme Stocks Actually Have a Future\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/22/forget-amc-these-3-meme-stocks-actually-have-a-fut/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Having a long-term outlook has always been an investor's greatest hidden asset. The stock market has been a massive wealth creator over the decades if you had the patience to just sit tight. It's a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/22/forget-amc-these-3-meme-stocks-actually-have-a-fut/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUTR.UK":"FUTURE","BBBY":"3B家居","CRSR":"Corsair Gaming, Inc.","GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/06/22/forget-amc-these-3-meme-stocks-actually-have-a-fut/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145052095","content_text":"Having a long-term outlook has always been an investor's greatest hidden asset. The stock market has been a massive wealth creator over the decades if you had the patience to just sit tight. It's a fairly incredible feat that whether you look back over the last 100 years or just the past few decades, the average total return of the S&P 500 is around 10% annually.\nWhile traders have always jumped in and out of stocks, trying to pick the right entry and exit points, this year in particular has seen a tremendous influx of investors looking to ride the meme stock trend.\nNo stock represents that phenomenon better than AMC Entertainment Holdings (NYSE:AMC), which is the best-performing stock in the market by far with gains of nearly 3,000% since the start of 2021.\n\nImage source: Getty Images.\nBringing down the curtain on AMC\nBeyond just beating back hedge funds attacking the theater operator with short sales, investors have piled into AMC Entertainment because a vaccinated population can go to the movies once more to see all the films that studios banked during the pandemic. The influx of moviegoers will lift both admission revenue and the highly profitable concession sales, with business getting back to pre-COVID-19 levels.\nThe problem is that AMC was a business in decline before the coronavirus outbreak. It's not just the theater operator's problem, it's an affliction the entire industry is suffering from.\nTheater ticket sales peaked at 1.57 billion in 2002 and have steadily fallen from there. In 2019, fewer than 1.23 billion tickets were sold.\nTheaters have masked the decline by charging more for a ticket, so despite falling sales, box office receipts have actually grown. The $9.1 billion generated 19 years ago became $11.2 billion just before the pandemic closed everything down.\nThat may seem beneficial, but continuously rising prices, particularly with the advent of streaming video, have cut into the need to go to the box office, and all the major studios have committed to supporting their streaming services even as they send films to theaters.\nAMC also had to take on significant amounts of debt to survive the COVID outbreak. It ended the most recent quarter with $5.4 billion in long-term debt; $1.6 billion in current liabilities; and $4.9 billion in operating-lease expenses, of which $800 million is due this year, followed by another $1 billion next year.\nWhile it raised over $1 billion this year, it posted a loss of $567 million and burned through $313 million in cash.\nAMC Entertainment is not a place for long-term investors to park their money.\nForget AMC and consider these meme stocks instead\nMovie theaters aren't going away, but there are better places for your money, even among other so-called meme stocks. That's because they have a stronger business or better growth prospects than AMC. The following three stocks could all give you the excitement of the meme stock craze while offering long-term potential, as long as you don't get caught up in the excitement and overpay.\n\nImage source: Getty Images.\n1. Bed Bath & Beyond\nI had pretty much written off home furnishings retailer Bed Bath & Beyond (NASDAQ:BBBY) when it was still in the clutches of an entrenched management team with a sclerotic board of directors that failed to challenge leadership to make the changes necessary in an altered retail environment.\nYet showing that hedge funds can be a force for good, activist investors cleaned house at the retailer, clearing out the C-suite and the board, and embarked on dismantling the sprawling collection of businesses that Bed Bath & Beyond had amassed.\nThe pandemic struck at the worst possible time, just as the home goods store was going to focus on its narrowed core businesses. But now, as the economy is reopening, Bed Bath & Beyond has the chance to shine.\nOne of the unique aspects of the retailer's business was its ability to generate inordinate amounts of cash. It used to regularly produce in excess of $1 billion of free cash flow (FCF), and just prior to the outbreak it was still generating $750 million worth. Then it was forced to close its stores, and the economy was upended. Yet even as it emerges from the wreckage, Bed Bath & Beyond reported it was already FCF positive, producing $62 million last quarter. Expect that to grow in the coming quarters.\nIt has invested heavily in its e-commerce platform and its supply chain, and the narrower focus should allow it to return to its pre-eminent position atop the home goods industry.\n\nImage source: Getty Images.\n2. Corsair Gaming\nCorsair Gaming (NASDAQ:CRSR) is something of a more-recent phenomenon, as it only just went public last September. But the esports and live-streaming trend has so much potential for growth that Corsair -- an equipment and accessories maker -- should see tremendous lift in the years ahead.\nUnlike many other meme stocks, it wasn't hurt by the pandemic, but rather helped as people were forced to stay home and turned to gaming for their entertainment. Corsair has been around for years and has developed a reputation as a quality manufacturer, so its products were in high demand. Last quarter, it reported record results with revenue soaring 71% over the year-ago period to $529 million, and earnings surging to $0.41 per share from just $0.01 a year ago.\nThe company is also new to the meme stock mania, only just joining the ranks as nearly 22% of its outstanding shares are sold short. The Reddit crowd obviously sees this stock as one to flip, and the price jumped 13% this week. But that's not the reason you want to buy it.\nCorsair makes high-end, high-performance headsets, keyboards, mice, controllers, and gear for live-streaming gamers and content creators. It also sells computer components including memory cards, cooling systems, and power supplies, and has two proprietary platforms, iCUE for gamers and the Elgato streaming suite for creators.\nThe company points out that data from gaming and esports market researcher Newzoo shows an estimated 825 million console gamers globally in 2020, and over 40 million active gaming channels on Alphabet's YouTube. There are also millions of active streamers across Twitch and Facebook Gaming, as well as on platforms of Chinese gaming sites Huya and DouYu, to drive sales of gaming and content-creation gear.\nThere's a substantial growth trajectory still ahead for Corsair Gaming, one that shouldn't be obscured by having become a meme stock favorite.\n\nImage source: Getty Images.\n3. GameStop\nAs the original meme stock investment, GameStop (NYSE:GME) might be a surprising choice, particularly in light of the stock trading north of $220 per share, a 1,050% gain year to date. But that's where having patience and waiting for the momentum crowd to move on can reward you. GameStop actually has a turnaround-investment quality that could allow handsome profits.\nIf theaters are on the decline, then video-game retail stores are sure to follow the same path as Blockbuster Video.\nWhich is exactly why the new management team, almost wholly brought over from Amazon and Google, seeks to remake the video game retailer into a consumer-focused, online-oriented gaming company. Chairman Ryan Cohen envisions turning it into the \"Amazon of gaming.\"\nIt's starting from a solid foundation, having used the meme stock trading frenzy that boosted its share price to raise new capital to completely pay off its debt. While that diluted existing shareholders, not something to be taken lightly, it did allow the company to replenish its coffers and position itself to implement its strategy.\nSince gaming is increasingly moving toward digital downloads and online play, it's essential GameStop move in that direction as well. Theaters can't really respond effectively to how viewers are watching movies today; GameStop has a chance to reinvent itself in a way few businesses can.\nThere's no doubt GameStop is the riskiest of these three because it's a bet on an essentially untried transition. But the pandemic did show people turning to GameStop's e-commerce platform in record numbers, which indicates its well-known brand could be a beacon for customers seeking gaming media, equipment, reviews, and more from the retailer.\nInstead of betting on AMC's declining business and industry, GameStop is a stock that could pay off handsomely if you wait for it to offer attractive valuations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123003201,"gmtCreate":1624401817403,"gmtModify":1703835379882,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Ohhh wow&nbsp;","listText":"Ohhh wow&nbsp;","text":"Ohhh wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123003201","repostId":"2145657710","repostType":2,"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166221690,"gmtCreate":1624013269410,"gmtModify":1703826539360,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"How is xpeng compared to Nio or Li?&nbsp;","listText":"How is xpeng compared to Nio or Li?&nbsp;","text":"How is xpeng compared to Nio or Li?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/166221690","repostId":"1130200368","repostType":4,"isVote":1,"tweetType":1,"viewCount":543,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166217490,"gmtCreate":1624011706310,"gmtModify":1703826505837,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Nicee","listText":"Nicee","text":"Nicee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166217490","repostId":"1181667218","repostType":4,"repost":{"id":"1181667218","pubTimestamp":1624008124,"share":"https://ttm.financial/m/news/1181667218?lang=&edition=fundamental","pubTime":"2021-06-18 17:22","market":"us","language":"en","title":"ChargePoint’s Network Effects Will Make It the Next ‘Shell’","url":"https://stock-news.laohu8.com/highlight/detail?id=1181667218","media":"investorplace","summary":"ChargePoint (NYSE:CHPT) stock took a bit hit in March and April but has bounced back nicely in May a","content":"<p><b>ChargePoint</b>&nbsp;(NYSE:<b><u>CHPT</u></b>) stock took a bit hit in March and April but has bounced back nicely in May and June. It’s now pushing its way towards all-time highs.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed420b8993199e014fc4d87c875c9dd5\" tg-width=\"300\" tg-height=\"169\"><span>Source: YuniqueB / Shutterstock.com</span></p>\n<p>The catalyst? There are a few of them —</p>\n<ul>\n <li>Recharged growth trade on lower bond yields</li>\n <li>Reinvigorated optimism about EVs and the charging network buildout</li>\n <li>New, rather impressive products from ChargePoint</li>\n</ul>\n<p>This will all last. EVs will take over the world, charging stations will replace gas pumps and ChargePoint will be the biggest charging company in the world when all is said and done.</p>\n<p>Here’s why.</p>\n<p>ChargePoint is North America’s largest operator of electric vehicle charging stations. It should be able to leverage their early entry into the market as well as its size. Thanks to network effects, it could turn into the EV version of<b>Shell</b>(NYSE:<b><u>RDS-A</u></b>, NYSE:<b><u>RDS-B</u></b>) or<b>Exxon</b>(NYSE:<b><u>XOM</u></b>) by 2030.</p>\n<p>On the surface, this company looks like all other EV charging companies.</p>\n<p>ChargePoint operate on the standard hardware-plus-software model — selling both physical EV charging ports and end-to-end software platforms to manage them. Its assortment of chargers includes L2 chargers and a smattering of DC fast chargers. And it costs money, around $2 to $5, to use these chargers.</p>\n<p>Basically, ChargePoint is doing what everyone else is doing, but there’s so much more to it than that …</p>\n<p>CHPT Stock: Network Effects Set ChargePoint Apart</p>\n<p>Where ChargePoint shines is in its unparalleled size and dominance in the EV charging station market.</p>\n<p>It’s seven times larger than its nearest competitor, with over 100,000 charging ports and 73% of L2 EV charging stations.</p>\n<p>Its size is especially significant because of network effects.</p>\n<p>Of ChargePoint’s commercial clients, more than 60% of&nbsp;<b>Fortune 500</b>&nbsp;companies employ ChargePoint charging stations at their corporate offices. If companies such as<b>Facebook</b>(NASDAQ:<b><u>FB</u></b>),<b>Netflix</b>(NASDAQ:<b><u>NFLX</u></b>),<b>Salesforce</b>(NYSE:<b><u>CRM</u></b>),<b>Microsoft</b>(NASDAQ:<b><u>MSFT</u></b>) and<b>Adobe</b>(NASDAQ:<b><u>ADBE</u></b>) already utilize ChargePoint chargers — which shows other companies who to turn to when they want to install their own EV charging stations — ChargePoint should be able to leverage this array of existing customers to win more and more big-name contracts.</p>\n<p>ChargePoint is on its way to dominating the commercial workplace vertical of the EV market for the near- to long-term future.</p>\n<p>From a consumer-facing perspective, ChargePoint is also setting itself up for future success.</p>\n<p>The company hasteamed up with auto makerslike Mercedes-owner&nbsp;<b>Daimler AG</b>(OTCMKTS:<b><u>DMLRY</u></b>) and<b>BMW</b>(OTC:<b><u>BMWYY</u></b>) tointegrate the locations of its charging stationsinto in-car navigation systems.</p>\n<p>ChargePoint also offers a popular app that enables drivers to locate its charging stations, see if they’re currently in-use or not and check prices. The app keeps ChargePoint on consumers’ minds, which will help the company dominate the at-home, residential EV-charging market.</p>\n<p>Again, it all comes down to ChargePoint’s unmatched network effects.</p>\n<p>Which is why I believe that, as EVs gradually replace gas cars, ChargePoint has the potential to replace Shell as the leading operator of “refueling” stations.</p>\n<p>Naturally, that would mean huge upside potential for CHPT stock.</p>\n<p>Which is why CHPT is one of my top picks in EV charging. And long-term, you can bet that CHPT stock will score investors massive returns.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ChargePoint’s Network Effects Will Make It the Next ‘Shell’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChargePoint’s Network Effects Will Make It the Next ‘Shell’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 17:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2021/06/chargepoints-network-effects-will-make-them-the-next-shell/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ChargePoint (NYSE:CHPT) stock took a bit hit in March and April but has bounced back nicely in May and June. It’s now pushing its way towards all-time highs.\nSource: YuniqueB / Shutterstock.com\nThe ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2021/06/chargepoints-network-effects-will-make-them-the-next-shell/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHPT":"ChargePoint Holdings Inc."},"source_url":"https://investorplace.com/hypergrowthinvesting/2021/06/chargepoints-network-effects-will-make-them-the-next-shell/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181667218","content_text":"ChargePoint (NYSE:CHPT) stock took a bit hit in March and April but has bounced back nicely in May and June. It’s now pushing its way towards all-time highs.\nSource: YuniqueB / Shutterstock.com\nThe catalyst? There are a few of them —\n\nRecharged growth trade on lower bond yields\nReinvigorated optimism about EVs and the charging network buildout\nNew, rather impressive products from ChargePoint\n\nThis will all last. EVs will take over the world, charging stations will replace gas pumps and ChargePoint will be the biggest charging company in the world when all is said and done.\nHere’s why.\nChargePoint is North America’s largest operator of electric vehicle charging stations. It should be able to leverage their early entry into the market as well as its size. Thanks to network effects, it could turn into the EV version ofShell(NYSE:RDS-A, NYSE:RDS-B) orExxon(NYSE:XOM) by 2030.\nOn the surface, this company looks like all other EV charging companies.\nChargePoint operate on the standard hardware-plus-software model — selling both physical EV charging ports and end-to-end software platforms to manage them. Its assortment of chargers includes L2 chargers and a smattering of DC fast chargers. And it costs money, around $2 to $5, to use these chargers.\nBasically, ChargePoint is doing what everyone else is doing, but there’s so much more to it than that …\nCHPT Stock: Network Effects Set ChargePoint Apart\nWhere ChargePoint shines is in its unparalleled size and dominance in the EV charging station market.\nIt’s seven times larger than its nearest competitor, with over 100,000 charging ports and 73% of L2 EV charging stations.\nIts size is especially significant because of network effects.\nOf ChargePoint’s commercial clients, more than 60% of Fortune 500 companies employ ChargePoint charging stations at their corporate offices. If companies such asFacebook(NASDAQ:FB),Netflix(NASDAQ:NFLX),Salesforce(NYSE:CRM),Microsoft(NASDAQ:MSFT) andAdobe(NASDAQ:ADBE) already utilize ChargePoint chargers — which shows other companies who to turn to when they want to install their own EV charging stations — ChargePoint should be able to leverage this array of existing customers to win more and more big-name contracts.\nChargePoint is on its way to dominating the commercial workplace vertical of the EV market for the near- to long-term future.\nFrom a consumer-facing perspective, ChargePoint is also setting itself up for future success.\nThe company hasteamed up with auto makerslike Mercedes-owner Daimler AG(OTCMKTS:DMLRY) andBMW(OTC:BMWYY) tointegrate the locations of its charging stationsinto in-car navigation systems.\nChargePoint also offers a popular app that enables drivers to locate its charging stations, see if they’re currently in-use or not and check prices. The app keeps ChargePoint on consumers’ minds, which will help the company dominate the at-home, residential EV-charging market.\nAgain, it all comes down to ChargePoint’s unmatched network effects.\nWhich is why I believe that, as EVs gradually replace gas cars, ChargePoint has the potential to replace Shell as the leading operator of “refueling” stations.\nNaturally, that would mean huge upside potential for CHPT stock.\nWhich is why CHPT is one of my top picks in EV charging. And long-term, you can bet that CHPT stock will score investors massive returns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160889310,"gmtCreate":1623779775230,"gmtModify":1703819302861,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Oh no.&nbsp;","listText":"Oh no.&nbsp;","text":"Oh no.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160889310","repostId":"1174890666","repostType":4,"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119422240,"gmtCreate":1622560062780,"gmtModify":1704186388414,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Solid advice","listText":"Solid advice","text":"Solid advice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119422240","repostId":"2139589924","repostType":4,"repost":{"id":"2139589924","pubTimestamp":1622540455,"share":"https://ttm.financial/m/news/2139589924?lang=&edition=fundamental","pubTime":"2021-06-01 17:40","market":"us","language":"en","title":"3 Investing Mistakes That Could Wipe You Out in a Market Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2139589924","media":"Motley Fool","summary":"They're more common than you think.","content":"<p>Just about everyone will lose money when the stock market takes a dip. Whether that loss is temporary or permanent depends on the investing moves you make both before the crash and during it. The following three mistakes could decimate your portfolio and put your finances in serious jeopardy, so you should avoid them at all costs.</p>\n<h2>1. Not diversifying enough</h2>\n<p>Diversifying your portfolio is <a href=\"https://laohu8.com/S/AONE\">one</a> of the most important things you can do to protect yourself against loss. By investing in many securities, you ensure that no single <a href=\"https://laohu8.com/S/AONE.U\">one</a> has too great an effect on your portfolio. When one stock price drops, you'll have others to pick up the slack.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/687ff1e880a5d2b6660d9687ed6f8ed6\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p>It's not quite as simple as investing in multiple stocks, though. You also need to make sure you have your money spread around in many sectors, so that if one is hit hard (as was the case with a lot of tourism-related businesses during the COVID-19 pandemic), you won't lose everything. You should have some of your money in bonds and other safe investments as well to balance out the stocks you own.</p>\n<p>One of the simplest ways to diversify your portfolio quickly is to invest in an index fund. These are collections of stocks that track a market index, like the S&amp;P 500 or the Dow Jones Industrial Average (DJIA). They often contain hundreds of stocks in several industries, and they generate returns that are very similar to their underlying index. Their fees are pretty affordable too. Some of the most popular S&amp;P 500 index funds have expense ratios of just 0.03%. That means you only pay $3 per year if you have $10,000 invested.</p>\n<h2>2. Emotional buying and selling</h2>\n<p>Hearing a lot of chatter about a stock on social media can make some inexperienced investors tempted to buy a lot of it in the hopes of becoming an overnight millionaire. And seeing a stock in their portfolio plummet can make some want to sell for fear of losing even more if they hold onto the stock.</p>\n<p>But it's often best to avoid these rash moves. If you guess wrong, you could waste your money on a stock going nowhere or turn a temporary loss into a permanent one by selling too soon. Instead, do your research into an investment before buying or selling. Focus on its long-term growth potential. Don't worry about day-to-day shifts unless you begin to notice a larger trend that suggests the company may be heading for trouble.</p>\n<h2>3. Investing money you'll need in the next few years</h2>\n<p>Keep money you plan to spend in the next five to seven years out of the stock market if you can. Investing is one of the best ways to grow your wealth over the long term, but the stock market's volatility makes it a bad place for short-term investments. If you need your money at a certain time, you have to sell, regardless of what your shares are worth at the time. That could mean taking a huge loss.</p>\n<p>If you'd rather not leave your money in a savings account earning next to no interest, try stashing it in a high-yield savings account or a certificate of deposit (CD) instead. These won't give you the same returns that investing your money could, but there's no risk of loss. Plus, savings accounts enable you to withdraw your funds at any time. CDs typically don't allow you to withdraw money before the CD term is up, or else you'll pay a penalty. But that shouldn't be an issue if you know you won't need your money for a while.</p>\n<p>The underlying thread in all three of the mistakes above is not thinking about how your decisions could affect your finances down the road. Even when times are good, you should always be thinking about how your portfolio will fare in a market crash, because you never know when the next one's going to happen.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Investing Mistakes That Could Wipe You Out in a Market Crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Investing Mistakes That Could Wipe You Out in a Market Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/31/3-investing-mistakes-that-could-wipe-you-out-in-a/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just about everyone will lose money when the stock market takes a dip. Whether that loss is temporary or permanent depends on the investing moves you make both before the crash and during it. The ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/31/3-investing-mistakes-that-could-wipe-you-out-in-a/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数",".DJI":"道琼斯","000001.SH":"上证指数",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2021/05/31/3-investing-mistakes-that-could-wipe-you-out-in-a/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2139589924","content_text":"Just about everyone will lose money when the stock market takes a dip. Whether that loss is temporary or permanent depends on the investing moves you make both before the crash and during it. The following three mistakes could decimate your portfolio and put your finances in serious jeopardy, so you should avoid them at all costs.\n1. Not diversifying enough\nDiversifying your portfolio is one of the most important things you can do to protect yourself against loss. By investing in many securities, you ensure that no single one has too great an effect on your portfolio. When one stock price drops, you'll have others to pick up the slack.\nImage source: Getty Images.\nIt's not quite as simple as investing in multiple stocks, though. You also need to make sure you have your money spread around in many sectors, so that if one is hit hard (as was the case with a lot of tourism-related businesses during the COVID-19 pandemic), you won't lose everything. You should have some of your money in bonds and other safe investments as well to balance out the stocks you own.\nOne of the simplest ways to diversify your portfolio quickly is to invest in an index fund. These are collections of stocks that track a market index, like the S&P 500 or the Dow Jones Industrial Average (DJIA). They often contain hundreds of stocks in several industries, and they generate returns that are very similar to their underlying index. Their fees are pretty affordable too. Some of the most popular S&P 500 index funds have expense ratios of just 0.03%. That means you only pay $3 per year if you have $10,000 invested.\n2. Emotional buying and selling\nHearing a lot of chatter about a stock on social media can make some inexperienced investors tempted to buy a lot of it in the hopes of becoming an overnight millionaire. And seeing a stock in their portfolio plummet can make some want to sell for fear of losing even more if they hold onto the stock.\nBut it's often best to avoid these rash moves. If you guess wrong, you could waste your money on a stock going nowhere or turn a temporary loss into a permanent one by selling too soon. Instead, do your research into an investment before buying or selling. Focus on its long-term growth potential. Don't worry about day-to-day shifts unless you begin to notice a larger trend that suggests the company may be heading for trouble.\n3. Investing money you'll need in the next few years\nKeep money you plan to spend in the next five to seven years out of the stock market if you can. Investing is one of the best ways to grow your wealth over the long term, but the stock market's volatility makes it a bad place for short-term investments. If you need your money at a certain time, you have to sell, regardless of what your shares are worth at the time. That could mean taking a huge loss.\nIf you'd rather not leave your money in a savings account earning next to no interest, try stashing it in a high-yield savings account or a certificate of deposit (CD) instead. These won't give you the same returns that investing your money could, but there's no risk of loss. Plus, savings accounts enable you to withdraw your funds at any time. CDs typically don't allow you to withdraw money before the CD term is up, or else you'll pay a penalty. But that shouldn't be an issue if you know you won't need your money for a while.\nThe underlying thread in all three of the mistakes above is not thinking about how your decisions could affect your finances down the road. Even when times are good, you should always be thinking about how your portfolio will fare in a market crash, because you never know when the next one's going to happen.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343841072,"gmtCreate":1617706955396,"gmtModify":1704702012016,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343841072","repostId":"1101907559","repostType":4,"repost":{"id":"1101907559","pubTimestamp":1617672655,"share":"https://ttm.financial/m/news/1101907559?lang=&edition=fundamental","pubTime":"2021-04-06 09:30","market":"us","language":"en","title":"Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time","url":"https://stock-news.laohu8.com/highlight/detail?id=1101907559","media":"marketwatch","summary":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were","content":"<blockquote>\n <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>\n</blockquote>\n<p>Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p>\n<p>In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p>\n<p>Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p>\n<p>The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p>\n<p>A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p>\n<p><b>Unregulated money managers</b></p>\n<p>Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p>\n<p>This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p>\n<p>The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p>\n<p>But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p>\n<p><b>Danger of counterparty risk</b></p>\n<p>This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p>\n<p>So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p>\n<p>One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p>\n<p>But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p>\n<p><b>Yellen on the case</b></p>\n<p>This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p>\n<p>Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p>\n<p>The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Financial crises get triggered about every 10 years — Archegos might be right on time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of ...</p>\n\n<a href=\"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101907559","content_text":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.\nIn 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.\nExactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.\nThe trend? Every 10 years or so, and they all look different. Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?\nA family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.\nUnregulated money managers\nHere’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)\nThis appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player Vipshop Holdings Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company GSX Techedu Inc.GSX,-10.63%and U.S. media companiesViacomCBS Inc.VIAC,-3.90%and Discovery Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.\nThe problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%, Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc. NMR,+1.87%.\nBut since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.\nDanger of counterparty risk\nThis is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.\nSo is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.\nOne peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.\nBut federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.\nYellen on the case\nThis issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”\nMost financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.\nThe Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?","news_type":1},"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343843192,"gmtCreate":1617706906216,"gmtModify":1704702010884,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343843192","repostId":"1189185530","repostType":4,"repost":{"id":"1189185530","pubTimestamp":1617696979,"share":"https://ttm.financial/m/news/1189185530?lang=&edition=fundamental","pubTime":"2021-04-06 16:16","market":"us","language":"en","title":"This analyst says Tesla’s stock is worth $150 — which would be a 78% discount","url":"https://stock-news.laohu8.com/highlight/detail?id=1189185530","media":"CNBC","summary":"Tesla'sstock is overvalued and worth only $150, according to Craig Irwin, senior research analyst at","content":"<div>\n<p>Tesla'sstock is overvalued and worth only $150, according to Craig Irwin, senior research analyst at Roth Capital, who said the electric carmaker must do more to justify its share price of nearly $700...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/06/tesla-tlsa-stock-is-overvalued-and-worth-150-says-analyst.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This analyst says Tesla’s stock is worth $150 — which would be a 78% discount</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis analyst says Tesla’s stock is worth $150 — which would be a 78% discount\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 16:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/06/tesla-tlsa-stock-is-overvalued-and-worth-150-says-analyst.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla'sstock is overvalued and worth only $150, according to Craig Irwin, senior research analyst at Roth Capital, who said the electric carmaker must do more to justify its share price of nearly $700...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/06/tesla-tlsa-stock-is-overvalued-and-worth-150-says-analyst.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/04/06/tesla-tlsa-stock-is-overvalued-and-worth-150-says-analyst.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1189185530","content_text":"Tesla'sstock is overvalued and worth only $150, according to Craig Irwin, senior research analyst at Roth Capital, who said the electric carmaker must do more to justify its share price of nearly $700.\nShares of Tesla closed at $691 overnight as investors cheered the electric carmaker'sforecast-beating deliveries.\nBut the possibility of Tesla beating estimates is \"clearly already in valuation,\" Irwin told CNBC's\"Squawk Box Asia\"on Tuesday. The company's valuation of around $660 billion is close to the total size of the U.S. and European automotive markets, even though it's only a \"minor player\" overall, said the analyst.\n\"So for me, I see this as a market dislocation, I see this as something avoiding analysis of the fundamentals and I think there's room for many successful companies in the market. People are just assuming that Tesla has no competition when they put this kind of lofty valuation on the company,\" Irwin said.\nStill, Irwin said he's bullish on the outlook for the sales of electric vehicles, in which Tesla is a market leader.\n\nTesla on Friday reportedthat it delivered 184,800 vehicles and produced 180,338 cars in the first quarter of 2021. Analysts were expecting the company to deliver around 168,000 vehicles during this period, according to estimates compiled by FactSet as of April 1.\nThe company's sharesjumped as much as 7% on Monday.\nIrwin said there are \"good things going on\" for Tesla. He cited anexpected entry into Indiaand prospects in China as factors helping Tesla's outlook.\nBut the company needs to do much more to justify its current stock price of nearly $700, said Irwin.\n\"They would really need to deliver on the robotaxis, the fully autonomous vehicles,\" the analyst said, adding that Tesla appeared to pull back its efforts in that area, while other companies are coming out with \"vastly superior technology.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343840777,"gmtCreate":1617706820899,"gmtModify":1704702008299,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343840777","repostId":"1189185530","repostType":4,"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":166221690,"gmtCreate":1624013269410,"gmtModify":1703826539360,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"How is xpeng compared to Nio or Li?&nbsp;","listText":"How is xpeng compared to Nio or Li?&nbsp;","text":"How is xpeng compared to Nio or Li?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/166221690","repostId":"1130200368","repostType":4,"repost":{"id":"1130200368","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623992866,"share":"https://ttm.financial/m/news/1130200368?lang=&edition=fundamental","pubTime":"2021-06-18 13:07","market":"hk","language":"en","title":"China new energy vehicle sales to grow over 40%/yr in next 5 yrs -industry body","url":"https://stock-news.laohu8.com/highlight/detail?id=1130200368","media":"Reuters","summary":"SHANGHAI, June 18  - China's new energy vehicle  sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers  said on Friday.Fu Bingfeng, executive vice chairman of CAAM, made the remarks at a conference held by the industry body in Shanghai.Fu's presentation showed that CAAM forecasts sales of NEVs, including battery electric, plug-in hybrid and hydrogen fuel cell vehicles, to hit 1.9 million units this year a","content":"<p>SHANGHAI, June 18 (Reuters) - China's new energy vehicle (NEV) sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday.</p>\n<p>Fu Bingfeng, executive vice chairman of CAAM, made the remarks at a conference held by the industry body in Shanghai.</p>\n<p>Fu's presentation showed that CAAM forecasts sales of NEVs, including battery electric, plug-in hybrid and hydrogen fuel cell vehicles, to hit 1.9 million units this year and 2.7 million vehicles in 2022.</p>\n<p>NEV makers, such as Tesla Inc, Nio Inc, Xpeng Inc&nbsp;and BYD, are expanding manufacturing capacity in China, encouraged by the government's promotion of greener vehicles to cut pollution.</p>\n<p>China could extend tax exemptions on NEV purchases beyond 2022 to support development of the sector, Wan Gang, a high-ranking government industrial policy adviser who is often referred to in state media as China's \"father of EV\", said at the same CAAM conference.</p>\n<p>Shares in China's NEV-related companies climbed after the forecast.</p>\n<p>Top battery maker CATL(300750.SZ)&nbsp;gained 3.7%. Hunan Zhongke Electric Co Ltd(300035.SZ), Ningbo Rongbay New Energy Technology Co Ltd(688005.SS), Guangzhou Tinci Materials Technology Co Ltd(002709.SZ)and BYD climbed between 2.9% and 10%.</p>\n<p>Reporting by Yilei Sun and Tony Munroe; Editing by Muralikumar Anantharaman</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China new energy vehicle sales to grow over 40%/yr in next 5 yrs -industry body</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina new energy vehicle sales to grow over 40%/yr in next 5 yrs -industry body\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-18 13:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, June 18 (Reuters) - China's new energy vehicle (NEV) sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday.</p>\n<p>Fu Bingfeng, executive vice chairman of CAAM, made the remarks at a conference held by the industry body in Shanghai.</p>\n<p>Fu's presentation showed that CAAM forecasts sales of NEVs, including battery electric, plug-in hybrid and hydrogen fuel cell vehicles, to hit 1.9 million units this year and 2.7 million vehicles in 2022.</p>\n<p>NEV makers, such as Tesla Inc, Nio Inc, Xpeng Inc&nbsp;and BYD, are expanding manufacturing capacity in China, encouraged by the government's promotion of greener vehicles to cut pollution.</p>\n<p>China could extend tax exemptions on NEV purchases beyond 2022 to support development of the sector, Wan Gang, a high-ranking government industrial policy adviser who is often referred to in state media as China's \"father of EV\", said at the same CAAM conference.</p>\n<p>Shares in China's NEV-related companies climbed after the forecast.</p>\n<p>Top battery maker CATL(300750.SZ)&nbsp;gained 3.7%. Hunan Zhongke Electric Co Ltd(300035.SZ), Ningbo Rongbay New Energy Technology Co Ltd(688005.SS), Guangzhou Tinci Materials Technology Co Ltd(002709.SZ)and BYD climbed between 2.9% and 10%.</p>\n<p>Reporting by Yilei Sun and Tony Munroe; Editing by Muralikumar Anantharaman</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来","XPEV":"小鹏汽车","LI":"理想汽车","002594":"比亚迪","01211":"比亚迪股份"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130200368","content_text":"SHANGHAI, June 18 (Reuters) - China's new energy vehicle (NEV) sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Friday.\nFu Bingfeng, executive vice chairman of CAAM, made the remarks at a conference held by the industry body in Shanghai.\nFu's presentation showed that CAAM forecasts sales of NEVs, including battery electric, plug-in hybrid and hydrogen fuel cell vehicles, to hit 1.9 million units this year and 2.7 million vehicles in 2022.\nNEV makers, such as Tesla Inc, Nio Inc, Xpeng Inc and BYD, are expanding manufacturing capacity in China, encouraged by the government's promotion of greener vehicles to cut pollution.\nChina could extend tax exemptions on NEV purchases beyond 2022 to support development of the sector, Wan Gang, a high-ranking government industrial policy adviser who is often referred to in state media as China's \"father of EV\", said at the same CAAM conference.\nShares in China's NEV-related companies climbed after the forecast.\nTop battery maker CATL(300750.SZ) gained 3.7%. Hunan Zhongke Electric Co Ltd(300035.SZ), Ningbo Rongbay New Energy Technology Co Ltd(688005.SS), Guangzhou Tinci Materials Technology Co Ltd(002709.SZ)and BYD climbed between 2.9% and 10%.\nReporting by Yilei Sun and Tony Munroe; Editing by Muralikumar Anantharaman","news_type":1},"isVote":1,"tweetType":1,"viewCount":543,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123003201,"gmtCreate":1624401817403,"gmtModify":1703835379882,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Ohhh wow&nbsp;","listText":"Ohhh wow&nbsp;","text":"Ohhh wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123003201","repostId":"2145657710","repostType":2,"repost":{"id":"2145657710","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1624390489,"share":"https://ttm.financial/m/news/2145657710?lang=&edition=fundamental","pubTime":"2021-06-23 03:34","market":"us","language":"en","title":"Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus","url":"https://stock-news.laohu8.com/highlight/detail?id=2145657710","media":"T-Reuters","summary":"June 22 (Reuters) - :Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Au","content":"<html><body><p>June 22 (Reuters) - :Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus. ((Reuters.Briefs@Thomsonreuters.Com;)).</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-06-23 03:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>June 22 (Reuters) - :Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus. ((Reuters.Briefs@Thomsonreuters.Com;)).</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TISI":"Team Inc","BGC":"BGC GROUP","TSLA":"特斯拉"},"source_url":"https://www.trkd.thomsonreuters.com","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145657710","content_text":"June 22 (Reuters) - :Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus. ((Reuters.Briefs@Thomsonreuters.Com;)).","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166217490,"gmtCreate":1624011706310,"gmtModify":1703826505837,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Nicee","listText":"Nicee","text":"Nicee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166217490","repostId":"1181667218","repostType":4,"isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123099070,"gmtCreate":1624402354290,"gmtModify":1703835391392,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Niceee","listText":"Niceee","text":"Niceee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123099070","repostId":"2145052095","repostType":4,"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160889310,"gmtCreate":1623779775230,"gmtModify":1703819302861,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Oh no.&nbsp;","listText":"Oh no.&nbsp;","text":"Oh no.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160889310","repostId":"1174890666","repostType":4,"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119422240,"gmtCreate":1622560062780,"gmtModify":1704186388414,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Solid advice","listText":"Solid advice","text":"Solid advice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119422240","repostId":"2139589924","repostType":4,"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343841072,"gmtCreate":1617706955396,"gmtModify":1704702012016,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343841072","repostId":"1101907559","repostType":4,"repost":{"id":"1101907559","pubTimestamp":1617672655,"share":"https://ttm.financial/m/news/1101907559?lang=&edition=fundamental","pubTime":"2021-04-06 09:30","market":"us","language":"en","title":"Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time","url":"https://stock-news.laohu8.com/highlight/detail?id=1101907559","media":"marketwatch","summary":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were","content":"<blockquote>\n <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>\n</blockquote>\n<p>Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p>\n<p>In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p>\n<p>Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p>\n<p>The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p>\n<p>A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p>\n<p><b>Unregulated money managers</b></p>\n<p>Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p>\n<p>This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p>\n<p>The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p>\n<p>But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p>\n<p><b>Danger of counterparty risk</b></p>\n<p>This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p>\n<p>So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p>\n<p>One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p>\n<p>But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p>\n<p><b>Yellen on the case</b></p>\n<p>This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p>\n<p>Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p>\n<p>The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpinion: Financial crises get triggered about every 10 years — Archegos might be right on time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of ...</p>\n\n<a href=\"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101907559","content_text":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.\nIn 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.\nExactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.\nThe trend? Every 10 years or so, and they all look different. Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?\nA family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.\nUnregulated money managers\nHere’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)\nThis appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player Vipshop Holdings Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company GSX Techedu Inc.GSX,-10.63%and U.S. media companiesViacomCBS Inc.VIAC,-3.90%and Discovery Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.\nThe problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%, Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc. NMR,+1.87%.\nBut since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.\nDanger of counterparty risk\nThis is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.\nSo is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.\nOne peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.\nBut federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.\nYellen on the case\nThis issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”\nMost financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.\nThe Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?","news_type":1},"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343843192,"gmtCreate":1617706906216,"gmtModify":1704702010884,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343843192","repostId":"1189185530","repostType":4,"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343840777,"gmtCreate":1617706820899,"gmtModify":1704702008299,"author":{"id":"3580796057108749","authorId":"3580796057108749","name":"Hotpillows","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580796057108749","authorIdStr":"3580796057108749"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343840777","repostId":"1189185530","repostType":4,"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}