Every time you’re losing so much that you start to doubt life

when everyone trashes Moutai, Pop Mart, and China Yangtze Power
when all retail investors and influencers are pushing the “tech bull market”
that’s when the historical bottom of my old man’s stocks is in
Even though I curse A-shares every day, I still somehow managed to make money on A-shares
I didn’t touch a single A-share tech stock
In my view, A-share tech companies are like contract manufacturers
Our country itself is a global manufacturing hub for material goods
Our advantage is contract manufacturing
If you treat contract manufacturers as tech stocks to play
and in the end when market funds can’t take over and sustain the move,
it crashes and it’s hard to repair
If you really want to buy tech stocks,
you should still buy US stocks $SMH
no need to worry even if you chase
Because the tech stocks in here
are all rare, scarce companies in the world
NVIDIA, TSMC, Broadcom, and Micron are all good companies
Good companies also need good prices
Only when they drop is it a good opportunity
When they go up, it’s all high risk
If you don’t have them, the foundation of tech doesn’t exist
Stocks must be done according to valuation
You must definitely avoid being in the same car as 90% of retail investors in the market
Stay independent in thinking, stay calm
Let yourself get rich slowly—stop watching overnight wealth stories!