“Investors’ Beautiful Heaven: how to achieve 23% annual return in 30 years of US stock investing《投資人的美利天堂：30年美股投資，年化報酬23%者的現身說法》” focuses on Andy’s 30-year stock market investment philosophy, exploring how to achieve Buffett-level long-term investment performance. It also explores how Andy achieved an annualized return of 22.76% for 29 consecutive years over the past 30 years.
What does book “Chip War” talk about?
Strongly recommend to read my post of “A series of Intel decisions led to where it is today” before you move next. Why everybody is taking about this book? The book “Chip War” has attracted great attention in the past two or three years. I personally think there are several reasons: Note: The book mentions … Continue reading “What does book “Chip War” talk about?”
What is an investment strategy?
Most people don’t understand the difference between investment strategy, investment principles, and investment philosophy. What is strategy? “Strategy” is a word with many meanings. I simply define it as “the actions taken to achieve a specific objective under uncertainty.” What is an investment strategy? I guess you can already guess what I’m going to say … Continue reading “What is an investment strategy?”
Apple’s Crisis Part 2: Apple’s AI is seriously lagging behind
For Apple’s AI is seriously lagging behind, challenge lies in seamlessly integrating AI features or acquired technologies into all of Apple’s products and user interfaces, leveraging Apple’s traditional strengths and demonstrating the powerful value of the Apple ecosystem—this is the sole key to Apple’s resurgence.
Li Lu, Munger’s disciple, and his Himalaya Capital
He met Munger on Thanksgiving Day 2003, and they became lifelong friends. Meeting Munger was one of the most important events that changed Li Lu’s life. Munger said Li Lu was the only outside manager he had invested in and called him “China’s Warren Buffett.”
Top 3 quantum computing listed companies, Ionq, D-Wave, Rigetti
There are currently top 3 quantum computing listed companies, their businesses are 100% focused on quantum computing-related fields. There are IonQ, D-Wave, and Rigetti.
China ditch US AI chips and decides to go its own way
China ditch US AI chip, Beijing has required Chinese tech companies to justify orders for H20 chips, promoting domestic alternatives like Huawei and Cambricon. Bloomberg reported that relevant ministries recently issued a notice to domestic companies, advising them to avoid using Nvidia’s H20 chips, designed specifically for the Chinese market, particularly in government and critical infrastructure sectors.
AI investment will only increase because no one can afford to miss out on the Fourth Industrial Revolution
Meta, Microsoft, and Google’s Q2 result, the message was clear: —this is why corporate AI investment is only going to increase, not decrease.
Software hit hard by AI
Software hit hard by AI, seen worldwide, with Morgan Stanley’s index of software-as-a-service (SaaS) stocks trading this month at 23 times expected earnings. That’s half its average over the past decade and the lowest level in Bloomberg data going back to 2014.
AI inference chips vs. training chips
AI inference involves unique algorithms designed by each manufacturer, it must be customized. Customized chips are essentially ASICs, so AI inference chips are primarily ASICs.