辛格气定神闲

AI + healthcare, pharmaceuticals: RXRX, NVO, TEM, PSNL, ABT Physical AI, robotics, large models: GOOG, AMZN, TSLA, AAPL, NVDA, XPEV (ranked in order) Semiconductors: TSMC (the world's most advanced chip manufacturer), MU Consumer: KO, MCD Power, energy: GEV, NEE, OKLO, VST, BEP Space industry: ________________ In 2026, if there is a major fluctuation, a sharp drop in individual stocks, the above should be the focus, or a good opportunity...

All the books are here, take them and you're welcome.

It would be great to have a homepage pinning feature @LongPort小乔

In long-term valuation practice, the DCF (Discounted Cash Flow) model has always been an indispensable core tool—but it is by no means a simple "number calculator"; rather, it is an "analytical framework" that connects business models, market environments, and investment logic. Most investors limit their understanding to the formula itself, overlooking the deeper investment thinking it embodies, which is precisely the core value of the DCF model. I. The Core of DCF: Moving Beyond Arithmetic to Focus on the Five Dimensions of "Business Essence" The calculation logic of the DCF formula (discounting future cash flows to present value) may seem simple, but behind the parameter settings...

@程宮_658 It's a bit long, so I have to start a new post to respond. Just sharing some thoughts, might not be useful, but hope it helps 🎑

If it's a passive portfolio, it's best to have no fewer than 5 and no more than 8 holdings; and you must research them thoroughly. My younger brother has a portfolio at HSBC that is cross-regional and cross-asset class, cash flow-driven.

First, I chose 20% $Realty Income MD(O.US) and 20% $Ares Capital(ARCC.US); one is a BDC asset, the other is a REIT, with low correlation in income sources and asset attributes. Over the past 10 years, ARCC and 30 years for O, their dividend records have been stable, growing, and verifiable. For income-type assets, I hope they don’t rise, just maintain stable dividends, or even grow slightly. Rebalancing itself is a compounding effect.

Second. Since I’m not very familiar with the AH market and see opportunities in the call/put spread, I decided to allocate long-term via covered calls. Here, I chose $A GX HSCEICC(03416.HK), also at 20% allocation.

Finally, you can allocate some companies you believe will perform well over the next 10 years based on your style—either dividend stocks or growth stocks. This part might drag down your rebalancing but could also bring excess returns.

Cash flow assets are simple: collect dividends, rebalance, and leverage the advantage of cash flow to smooth the return curve. Rebalance instead of buying low and selling high—turn buying low and selling high into a result of rebalancing, not the process.

Normally, I wouldn’t respond to such detailed customization questions, but I saw your post about volunteering 🎑 so I felt it necessary to reply 🥰👍 Wishing you prosperity and good health for your family 🙏

Many buddies ask how to invest with little capital? Here's my answer based on my understanding:

1. First step: Save money. Everyone just graduated doesn't have much capital, so it's recommended to find a job with leverage (stock options) and save regularly.

2. Not recommended to invest full-time, because with insufficient principal, even doubling every year is hard to scale up.

3. Small capital is also an advantage when starting to invest. Pay tuition to gain experience at an early stage with small costs, while mistakes at later stages with large capital are too costly.

4. As shown below, save -> invest. When your investment system matures, you can retire anytime, and don't have to worry about layoffs or unemployment 🤔

Recently, I've seen many people going all-in on long calls, which scares me. I don't recommend playing this way:

1. Long calls are leveraged, with the risk of losing the premium. The risk is small if the time is long enough, but if not handled well, the principal can go to zero.

2. I understand that small funds want to make money quickly, but wealth usually doesn't come to those in a hurry. Long calls should only be a small part of your portfolio, with the main position being the underlying stock.

3. Especially during this period of daily new highs, it's essential to deleverage, defend well, and ensure the safety of your principal. 🤔

There have always been buddies asking: Little Cola, I still don't know how to calculate whether a stock's price is cheap or not. Can you recommend a book about this? Actually, this is very simple. In the past, I might have seriously recommended various books, but later I thought, let's keep it light. Because even if I really recommend a book, many people probably won't read it anyway. So I'll just ramble a bit: For example, I think Moutai can sell a bottle for 1,000 yuan, sell 200 million bottles a year, and make a profit of around 100 billion yuan. And I think this business can last for at least another 20 years. Without looking at assets or anything, I think it's worth 2 trillion yuan. That's pretty much it...

How to build a long-term stable and profitable trading system. The core idea is to believe in the uncertainty of the market and use systematic methods to deal with it. The system includes four key parts: trend trading, low-risk profit-taking, ensuring 80% of the principal is not lost, and cultivating a winner's mindset. It emphasizes that each part must be implemented effectively. 🐂 There are only two types of techniques: following the trend and going against it. Following the trend is the key to success—ride the momentum of the major market, seize opportunities in mid-term and long-term trends, and avoid counter-trend operations. Other things like golden crosses, death crosses, gaps, and top divergences are all nonsense. Don’t go against the trend; always follow it...

Cola's main passive positions are at HSBC.$Tuya(TUYA.US) 20%$Ares Capital(ARCC.US) 20%$Realty Income MD(O.US) 20%$Moutai(600519.SH) 20%$A GX HSCEICC(03416.HK) 20%Yesterday I saw a post by @Han Laomo's Trader, and that kid also came to talk about the backline; my personal backline consists of 4~5 passive positions...

Be a good stock collector:

1. Find good companies and good stocks

2. Wait for good prices to buy the underlying stocks in batches

3. Add some long calls in batches during big drops

4. Use long calls to buy low and sell high for short-term fluctuations to accumulate cash

5. Rely on underlying stocks for long-term dividend accumulation

6. With cash, continue repeating the above operations, and accumulate more and more underlying stocks😂

Free cash flow is long calls + dividends🤔

I've compiled the recent series on options trading. For newbies, I'd suggest reading books first to understand what options are, what calls and puts are. Then practice with low-priced options of small caps, or use a demo account. Don't jump right in! Some folks asked about the benefits of long calls: 1. High leverage - small investment with unlimited upside potential, could multiply by several, dozens or even hundreds of times 2. Limited loss - maximum is just the premium you paid for the option 3. For long positions, I usually buy options with 1-2 years expiration...