2025 is destined to be a painful year for the Magnificent Seven, and it seems that it has just begun. The share prices of the Magnificent Seven led the market decline, which is rare in history.
Author: Andy Lin
Chinese tech singularity or just a flash in the pan? From DeepSeek, Huawei, TikTok, to Game Science
Chinese tech singularity or just a flash in the pan? From DeepSeek, Huawei, TikTok, to Game Science; and from BYD, CATL, DJI, Shein, Temu, to Hesai.
Investors turn to passive investment funds ETF and abandoning active investment funds
According to ETFGI, the amount of funds invested in ETFs in 2024 will reach 1.7 trillion US dollars, most of which are passive investment funds, which will increase the total assets of this market by 30% to 15 trillion US dollars.
“Benjamin Graham on Value Investing”, Graham’s bio book
“Benjamin Graham on Value Investing” mainly talks about two things:
-“Graham’s life, and this book is also equivalent to Graham’s biography. I have read another biography of Graham, which I personally found to be more interesting.
-“Value investing” advocated by Graham.
Investors hope everything will develop as they wish
But hope does not necessarily happen. Expectation is an imagination that may not come true. Reality and expectation are always two ends of the scale.
“The Fog of War”
“The fog of war” has a very high status in the American documentary, political, defense, cultural, and historical circles. Almost all contemporary American celebrities include this documentary in their list of documentaries recommended.
The importance of cash, Apple’s experience in using cash
Apple, managed by Steve Jobs, adopted a conservative financial policy and reserved more cash for the company’s research and development and operations. This was not unreasonable at the time, but Cook’s financial management was more efficient.
How GPU farms CoreWeave make money?
CoreWeave’s main business is selling access to data centers and Nvidia’s high-performance GPU chips, which have become the most sought-after resources in the race to develop AI applications.
Risk vs Uncertainty
Risk vs uncertainty: risk is predictable, uncertainty is not. Risk refers to a known probability, which can be measured as long as there is a number. You can use it as a basis for assessing risk. Risk is predictable, uncertainty is not.
The world’s most well-known oligopoly companies
a monopoly is basically certain to make money because there is only one company that controls the entire market, but an oligopoly is not necessarily certain to make money because there are multiple companies sharing the market.