好公司好价格趋势为王

Left behind to get rich

The lottery position actually had a 5-point profit, didn't dare to add more at the bottom.

I'm really speechless that it could drop so much at the close. Luckily, I only bought a lottery ticket-sized position and didn't have the guts to average down.

It's really a world of difference, like ice and fire. Fortunately, I held on the day before yesterday and added to my positions. It's a great pity that I only added SanDisk and DRAM, and didn't have the guts to double up on SK Hynix. My understanding wasn't enough. Poor people are really afraid of heights. I clearly knew that SK Hynix was going to list in the US stock market, also knew that the 2027 PE wasn't high, and also knew that the 2028 production capacity was locked in. There's no way, poor people are just afraid of heights. Fortunately, I still sold off Hong Kong-listed China concept stocks and US-listed Microsoft, Amazon, and SBSW in the past few days, switching positions to storage and optical. Give myself a thumbs up 👍. Although the switch was too late, fortunately, I got a big piece of the Marvell pie.

Still bullish on SK Hynix. After all, I sold half because it rose too fast, and it's very likely that I sold that half too early. Mainly because my own cost basis is still relatively high.

In March, I made a tiny profit by repeatedly buying and selling around 30 yuan, but I sold too early. After that, I kept telling myself not to chase the rally or buy at high prices. However, on June 4th, I ended up buying at the peak. During the following days of decline, I gritted my teeth and kept averaging down, holding firm against the volatility without selling a single share. Today, it's finally about to break the previous high. Good stocks must be held onto. Go Hynix! 💪

Not greedy, bought a little and sold the last one too, feeling at ease $Berkshire Hathaway B(BRK.B.US)

$XL2CSOPHYNIX(07709.HK) According to the usual thinking, I should have sold the ones that were underwater this morning at the close today, thinking I couldn't buy them tomorrow. In the end, I sold other stocks and bought in at a high price. I have to hold it for a while now; I have to hold it even if I can't.

Last night, I bought back the TESL🫴 that I sold last time. I only buy the common stock for this one, and I've always had it. It's still below my cost basis, which is just ridiculous.

Starting tomorrow, even day trading won't be possible$XL2CSOPHYNIX(07709.HK)

Yesterday, I moved all my NOK positions to LITE, but TITE's decline was much greater than NOK's. Fortunately, it gained recognition from Mr. Market today. It's a real shame I bought TITE too early, and I just didn't dare to average down at the lower levels. At the low point, I gritted my teeth and bought back half of the MRVU I sold, hoping it will go up.

When it falls, it drops twice as much, but when it rises, it only increases slightly more than the underlying stock. What's the reason? $XL2CSOPHYNIX(07709.HK)

Caught the falling knife too early, noted it down to learn a lesson. Fortunately, I didn't sell at the low this time and even added to my position.

I feel the same about Coca-Cola. I was thinking about buying Coca-Cola's long calls yesterday, hesitated for a long time thinking there was still room for a drop, so I didn't pull the trigger.

Even with such a big drop, I didn't dare to bottom-fish tech stocks. Hedging with Berkshire Hathaway offset most of the losses. Only two out of four option contracts were exercised. Thanks, Value Bro @價值&投資

A highly perceptive learning expert used AI to summarize Uncle Niao's half-year investment conclusions, and elementary school students copied them down to study.

Copying the expert's viewpoint:

Mature investment portfolio, position management

Core position, tactical position, cash position

• Core position: Anchored to the long-term industrial trend of AI, navigating through volatility, not shaken by short-term shakeouts, capturing the main upward wave of industrial revaluation.

• Tactical position: Responds to short-term style rotations, sentiment fluctuations, and denominator repair rallies, capturing periodic elastic returns.

• Cash position: Specifically waits for tail events, waits for irrational market sell-offs, waits for golden opportunities of mispricing.

Chase the rally early, sell when the trend reverses regardless of profit or loss, bottom-fish slowly, and exit the top quickly. Remember!

I built positions in several batches, but all were at the mid-slope. When the real bottom came, I had no funds left. Sigh 😮‍💨. Recording this to remind myself to learn a lesson.