Investing in Family. The best investment I’ve ever made was spending more time with my family. We travelled together, celebrated milestones, and created memories that money can’t buy. Looking back, those experiences are worth far more than any investment return. The richest moments in life aren’t always measured in dollars. @AhGong
Bearish in the near term. Sometimes the market confuses a great company with a great investment opportunity. I have no doubt SK Hynix is one of the biggest beneficiaries of AI demand and its HBM leadership is impressive. The problem is that everyone already knows this. Expectations are extremely high and the stock has already enjoyed a huge run. ADR listings often create excitement before turning into sell-the-news events as early investors lock in gains. The semiconductor industry has repeatedly taught investors that shortages eventually become oversupply and pricing power eventually attracts competition. AI may delay the cycle but probably cannot eliminate it entirely. I would love to own the company, but I would prefer to buy fear rather than excitement.
My word for the first half of 2026 is AI because artificial intelligence dominated both market headlines and my portfolio decisions throughout the first half of the year
I am staying patient for now. Index inclusion could provide meaningful support for the stock price, but lockup expirations could just as easily offset those inflows. With so many moving pieces, I think discipline matters more than speed. I do not need to buy the exact bottom to make money. I only need a reasonable entry point with an acceptable margin of safety. For now, I am keeping the company on my watchlist and monitoring developments closely.