Another price collapse of 70%
I went to see a movie again this afternoon, "MJ's Road to Stardom". In terms of completion and quality, it is far inferior to "Letters to Grandma," but a comment I saw a few days ago touched me: "The opportunity…
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tilt
Yesterday I said that the reason Chinese players have long dominated table tennis and badminton is because these two sports have low commercial value and a low level of professionalization, giving Chinese professional players a unique advantage due to the…
Eating alone leads to no future.
These past few days everyone's been focused on how Hynix and Samsung are making huge profits and giving their employees massive bonuses, right? They give out 10% of their operating profit each year, with the company keeping 90%. So I've…
Earning too much money is bad for working.
Last night I mentioned that Hynix's year-end bonuses might average over 3 million RMB per person this year, and the comments section exploded. Some people asked which company it was from, so I've converted the figures to RMB for easier…
They've gone completely mad.
The surge in global AI stocks over the past day can only be described as insane. Global memory giant SK Hynix surged 12%, Micron Technology rose 11%, SanDisk gained 12%, while Samsung, affected by the strike, saw a slightly smaller…
The transfer of wealth is too ruthless.
The market opens tomorrow, so let me summarize the important information from the past few days. 1. First and foremost, we can't ignore Wuliangye's belated annual report. In 2025, revenue was halved, and net profit plummeted by 70%. The more…
Continue reducing positions and wait for the market to crash.
Yesterday, Berkshire Hathaway held its latest annual shareholders meeting, the first since Buffett resigned, and also the first time he wasn't presiding over the meeting from the stage. As a board member, he sat in the front row, watching Abel—his…
Listen to it as a story
Yesterday, many readers were curious about how I made money by writing back then. I've talked about it in bits and pieces before, but today I'll give you a more complete version. First of all, I should say that my…
I never expected them to be so poor.
There's nothing big in the news today, so let's just chat about everyday things. A reader asked if I went out for the holiday. Tomorrow, my whole family will be taking a short trip to the outskirts of Beijing, staying…
0.35% probability
Sorry, the articles from last night and the night before are no longer accessible. One was saved by myself, the other by someone else. I won't discuss the reason; it's unavoidable when writing for a public account. In the future,…