To The Moon

I believe that the Hong Kong stock market has reached the bottom and there is no need to panic and sell stocks. Instead, investors can focus on their favorite stocks at this stage. As I think there will be strong support for the Hong Kong stock market when it reaches 20,000 points. Currently, the Hang Seng Index (HSI) is on the verge of reaching this level. What is my strategy? I currently hold stocks, mainly those I bought last year. However, I sold two-thirds of my remaining stocks earlier. Therefore, I have a lot of cash to absorb my favorite stocks. My remaining stocks are mainly Tencent and HKEX. My strategy is to continue to hold them and not to increase my position. I will use a small amount of buying put options as a hedge. Because I have already sold two-thirds of my holdings in t

Today, I am more curious about what value Apple has given to BRK that made Buffett keep buying it, to the point where 40% of his investment portfolio is composed of Apple stocks. Let's not discuss why Buffett spent 4.1 billion buying TSMC in Q3, but then decided to withdraw 3.8 billion in Q4 (earning a profit of more than 8 million). In 2016 Q1, Buffett bought Apple for the first time: at that time, Apple had 22.18 billion shares outstanding, and today it has 15.82 billion shares, with nearly 28% of the shares bought back over the past seven years. Therefore, even if Apple's EPS has not grown (revenue has not grown) for seven years, the eliminated 28% of the shares can make the remaining shares' EPS grow by 39% per share (1/0.72=1.39). Just eliminating 28% of the shares through the buyback

$Alibaba(BABA)$ stock has seen 6 straight upward moves. Alibaba is currently valued at the lowest level among its peers, with a current FY23 valuation of 9.2x P/E and 8.9x P/OCF when excluding equity investments. The announcement of a shareholding restructuring by Ant Group (link), where Jack Ma is no longer the sole beneficial owner, has led to a more bullish outlook for Alibaba and a recent streak of big gains. Ali will actively fulfill its social responsibility, take the opportunity to help build Hangzhou as a digital city, deeply implement the three strategies of cloud computing, consumption and globalization, help create jobs, participate in international competition, resonate and deepen cooperation with Hangzhou in increasing investment

The liquidity crisis of US bond is probably underestimated, but this seemingly dangerous problem has just become a chain that the Fed can't let go of.The market was frightened. the BIS released a terrible number:As of June this year, the market value of unrecorded invisible US dollar bonds on the balance sheets of non-US banks and global shadow banks has reached 65 trillion!The so-called shadow banking usually refers to insurance companies, fund companies, mutual funds, trusts, wealth management, etc., and financial or fund intermediary institutions that lend funds in ways that are difficult to record and track.This announcement of the BIS is actually telling the whole world that a large amount of global funds already hold US dollar bonds or US dollar assets in various forms. This amo