This article is machine translated
Show original

"We have plenty of time!" - Jensen Huang. Taking advantage of the rebound, I reduced a large portion of my positions, keeping some cash, and feel quite relaxed. I shared the 2008 financial crisis with a colleague who's a post-98 analyst; the current situation is "somewhat similar." Always have a backup plan; as long as you have capital, you can always rebuild! As Jensen Huang said, "We have plenty of time!" Li Ka-shing is the best cycle master! Finally, I'll say it in a slightly paternalistic way: experience counts. After experiencing several cycles, you'll see the difference between losses of tens of points and returns of several times. At the bottom, it's the cheapest fighting the poor; having a backup plan protects you. Life can be achieved through one or two cycles, leading to financial freedom. Li Ka-shing is the best cycle master! Patience is important, and it can be boring! But it's a human weakness that must be overcome.

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments