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.”

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.

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