对于Robinhood和Coinbase这种交易评台我一直不太看好，一直以来的观点直接投股票或比特币比交易评台回报应远远超过交易评台本身，下面说一下改变观念的理由： 1.多元化投资组合，降低单一资产风险 HOOD的多元化业务：Robinhood不仅提供加密货币交易，还支持股票、期权、ETF等多种资产交易。这种多元化的业务模式使其受加密货币市场波动的影响较小。相比直接投资[阅读全文]
狮山巡礼
投资杂谈
博文
(2025-07-21 13:09:13)
对于Robinhood和Coinbase这种交易评台我一直不太看好，一直以来的观点直接投股票或比特币比交易评台回报应远远超过交易评台本身，下面说一下改变观念的理由： 1.多元化投资组合，降低单一资产风险 HOOD的多元化业务：Robinhood不仅提供加密货币交易，还支持股票、期权、ETF等多种资产交易。这种多元化的业务模式使其受加密货币市场波动的影响较小。相比直接投资[阅读全文]
(2025-07-21 03:03:21)
https://www.rowanstreet.com/post/rowan-street-q2-2025-letter
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(2025-07-21 03:03:11)
Thetwobiggestbarrierstogooddecisionmakingareyouregoandyourblindspots.Together,theymakeitdifficultforyoutoobjectivelyseewhatistrueaboutyouandyourcircumstancesandtomakethebestpossibledecisionsbygettingthemostoutofothers.Ifyoucanunderstandhowthemachinethatisthehumanbrainworks,youcanunderstandwhythesebarriersexistandhowtoadjustyourbehaviortomakeyourselfhappier,moreeffective,andbetteratinteractingwitho...[阅读全文]
(2025-07-21 02:01:38)
在投资领域，十年说长不长，说短不短。它是投资路上的一个里程碑，也是一场考验。它考验着耐心、信念，以及在周遭众人意见相左时仍能坚持前行的能力。
与很多投资者一样，RowanStreetCapital也是受到巴菲特和芒格影响，立志成为优秀的价值投资者。因此，在一家顶级华尔街投资公司管理超过?10?亿美元资产逾十年后，两位创始人亚历克斯和乔在2014年底的把酒论英雄后，[阅读全文]
(2025-07-20 15:49:15)
ValuationonlyHALFrecoveredfromAprillowthankstostrongearningswhilepricehasmorethanrecovered-onereasonIstilllikeUSequities,andmag7andtech.Concentrationisafeaturenotabugofthisphaseofaitransformation. [阅读全文]
(2025-07-20 10:11:35)
https://www.linkedin.com/posts/usa-today_nvidia-ceo-believes-us-tech-companies-will-activity-7349860118198423554-ytm9?utm_medium=ios_apprcm=ACoAAACEHzkBXhlhaZoeLN_zh4yLN3PtB_A5MK4utm_source=social_share_video_v2utm_campaign=copy_link
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(2025-07-20 10:11:18)
投资过程往往能直视人的弱点，贪婪与恐惧就像一对孪生兄弟形影不离，该贪婪时不敢进场重仓，该恐惧时依然贪心不已不收手
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(2025-07-20 05:38:09)
Inthecomingweeksbothbullsandbearswillprobablyberightatsomepoint,andIstayriskontacticallybecause:?
Fundamentalsholdingup,earningsexpectationsof5.8%Q2YoYforSPXlookingverybeatable,andmag7valuationof30xfwdp/emidrangesincelaunchofChatGPT;
USdebtsustainabilityconcernwillhelpminimiseextremelefttailsduringtariffnegotiations;
Thishasnotbeenaheavilyparticipatedrally,positioningnowhereasstretchedcom...[阅读全文]
(2025-07-20 05:37:57)
U.S.inflationwilllikelyfallquicklyasprojectedbythebondmarket(Seechartonleft)butmanyhavecasttheirdoubts,raisingthequestionwhethertheinflationbreakevenratesareaccurateatallinprojectionactualinflation. China’sexporttotheU.S.hasdroppedtolessthan3%ofChineseGDP,butWallStreet’sexposuretoChinahassteadilyrisen.? ? Today,over7%ofSP500’srevenuecomesfromChina.Weknowthattheaverageoperatingleveragef...[阅读全文]
(2025-07-19 08:27:55)
人生确实不只是追逐结果，而是如何在每一个当下找到意义、活得充实
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Twenty-eightyearsago,apivotaldecisionalteredthecourseofmyfuture.Investinginmyfirststockin1997kickstartedatransformativejourney.Thereturnsfromthisinvestmentplayedavitalroleinfundingmywife'sandmygraduateeducation,markingasignificantturningpointinourlives.
Backintheearly1990s,whentheopportunitytopursueaPhDinbiologyintheUSaros...[阅读全文]
