Hello everyone!
Today while browsing videos, I saw a private equity fund manager and an individual investor who has earned hundreds of millions sharing their feelings about stock trading. Here it is for everyone to see:
...Voice auto-transcription:
What's the hardest part about stock trading? The hardest part is not trading, the hardest part is holding. For most people, holding is too painful. Holding is counter-intuitive. While you're holding, the stock might suddenly plummet. While you're holding, it might surge. If it surges, do you still hold? If it plummets, do you still hold? Buying and selling is relatively easier, but holding is the hardest.
I went through another round of this yesterday and today. It's so hard. The hard part is this agony and discomfort. Even if you know it's a great company with a bright future, the process is just too painful. Moreover, if you don't have a solid logic and framework for analyzing companies, there's simply no way to overcome fear. Stock trading, the hardest part of stock trading is not trading, it's incredibly hard, too hard. ///
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The emotional journey of a holder...!
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Added for some friends concerned about storage: /$Sandisk(SNDK.US)
SanDisk's growth potential exceeds that of all storage giants, including the big three. The future belongs to HBF and USB2. It's not that SanDisk is more important than the big three; HBF and HBM will be equally important in the future. This is an inevitable trend determined by silicon-based technology paths (very technical, can't be explained in one sentence, same logic as CPO). Because SanDisk's current scale is only a quarter of Micron Technology's, its future potential is greater than theirs. This is true this year, and even more so next year. SanDisk's gains last year were greater than theirs, this year's gains are greater than theirs, and next year's gains will still be greater than theirs. We'll talk about the year after next later...! That's all I can say. If you don't understand, I can't help it. Your understanding determines your wealth ceiling!
$Sandisk(SNDK.US)$Micron Tech(MU.US) Mid-term trend bullish!
Despite the recent sharp volatility in SanDisk and Micron Technology, SanDisk's stock price has corrected about 28% from this recent high. So far, the correction is roughly equivalent to, or slightly less than, the adjustments that began in mid-November last year and February this year.
This round of adjustment is also a correction following the nearly 300% surge since the end of March. I've carefully studied recent information from various aspects: the fundamentals haven't changed, and the news flow is mostly positive. Yesterday, Kioxia and SanDisk simultaneously announced sampling of TLC SSDs based on BICS10, which is currently the most advanced technology process in the NAND field and the foundational chip for HBF, leading the industry by 2-4 years.
The U.S. semiconductor sector has seen huge gains in this round, and now it's undergoing a technical correction, requiring valuation compression and deleveraging. The U.S. stock market is a two-sided market with many derivatives. Stock prices must have two-way volatility for market makers to profit. I've mentioned many times in my previous articles that controlling risk is crucial during market valuation compression and deleveraging. If you hold the underlying stock and aren't afraid of short-term fluctuations, it's advisable to hold your position and wait at this level. Those with light positions can add to their holdings on dips. The mid-term trend is bullish!
Wishing everyone good luck and prosperity!
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