林
Let's talk about the recent Pinduoduo: Holding is buying.
Remember, before the Q1 earnings report, Pinduoduo's stock price had been hovering around 100. I thought it was too dull. My thought at the time was, regardless of whether it goes up or down, just bring some volatility. Unexpectedly, Pinduoduo's stock price fell back to 80, and then just lay there in a new spot, just like it did at 100 before, as if it had changed positions and gone back to sleep. Holding is buying. This is a very simple fact. Although everyone is trapped by their own cost basis and so-called opportunity cost, based on Occam's razor, these are actually concepts that can be eliminated. Because the 'cost basis' is false, and opportunity cost is among the myriad thoughts in your mind...
