Fang Hong has not posted on Weibo for several days. Today he updated his Weibo again. Maintaining an increase in influence also means a surge in reputation.
Although a single ordinary netizen cannot contribute a few points of fame, the scale is huge. Currently, the number of Weibo fans following the account K3478 has reached 5.75 million. This does not include those who have not followed this Weibo account but have also been indirectly affected. people.
Fang Hong took a screenshot and edited the content to publish:
[The market continues its upward trend. The Shenzhen Component Index has taken the lead to break through the previous high and reach a new high for the year. It is only a matter of time before the Shanghai Stock Exchange Index breaks through 2,400 points. I don't see any big problems in the market, so I'm holding on to the stock price to rise. 】
[I personally still hold a full position and do a T operation when I have the opportunity during the day. The overall bullish view remains unchanged. 】
Fang Hong updated the latest Weibo news. He did not close the page immediately. Instead, he waited for a while after posting it and then refreshed the page. It didn't take long for him to see a lot of comments.
[Mark, front row. ]
[I feel uncomfortable if I don’t read Grandmaster’s Weibo. ]
[The founder said, it’s stable, hold it and wait for it to rise! ]
[K God's T-doing is definitely a unique skill of Big A. If others outperform the market, it is very good. K-God's outperforms the rising speed of the stocks he holds by a large margin. This is the charm of doing T...]
[It’s almost 240 million. I followed the founder before he posted his first Weibo. At that time, the account funds were more than 30 million. In just over three months, it is now close to 240 million. Witness it with your own eyes. The rise of the Patriarch. ]
[God K, when it comes to value investing, what is a better target to choose? ]
Fang Hong, who was browsing comments, saw this comment and immediately edited the post to reply //: [If I want value investment, I would choose consumer stocks, financial banking stocks, etc. Consumer sectors such as wine, medicine, medical equipment, etc. leading stocks. ]
After a while, a fan immediately asked on the floor where he replied: [K University, can't you invest in technology stocks at a low price? Want to find a stock in the semiconductor sector to hold for a long time...]
K3478’s reply //: [Which well-known value investor dares to invest in technology stocks? Technology stocks are not for value investing, they are for venture capital institutions. The iteration of technology is very fast. If the technology is right, you will get rich instantly. In two or three years, it will increase by ten, twenty, or even hundreds of times. It's possible. ]
K3478’s reply //: [But once the technology falls behind, it will disappear immediately. It is not something that players in the secondary market can afford or afford, let alone retail investors. Don’t invest in technology stocks in the secondary market. I said it is value investment, but this is speculative behavior. At most, it will be a periodic trend with a main rise. ]
Fans’ reply //: [What about? Are there any cases? ]
K3478's reply //: [For example, Yahoo, this former IT giant is in a typical cycle. The highest stock price reached 500 US dollars and it was at its peak. However, since it fell behind, it has fallen unilaterally and has no bottom. Are you saying that Yahoo has no technology? Not advanced? How could a company that was so good at that time not have technology? ]
K3478's reply //: [What is high technology? High-tech means short, new, and fast. The faster it is eliminated, the more advanced it is. If a technology that is 20 to 30 years old can be used, is it called high-tech? That is called general technology, not high technology. The conversion efficiency of high technology is very, very low. To convert it into civilian or general technology, it needs to be cheap and easy to use, so the conversion rate is low and it is difficult to use it universally. What's the use of just making it if you can't use it? ]
K3478's reply //: [The Alpha Laboratory of the European Center for Nuclear Research (CERN) also successfully produced antimatter at the end of the last century, that is, antihydrogen atoms, that is, antiprotons or antimatter equivalent to hydrogen. Does this count? Considered high-tech? It can even be said to be a black technology, but if you can’t build it and can’t use it, what’s the use? It is estimated that creating 1 gram of antimatter would cost US$62.5 trillion. What’s the use? ]
Fang Hong edited several paragraphs of reply, and a large number of fans quickly commented and expressed their sudden realization.
[It makes sense. Thinking about the logic of the founder, it is really hard to refute it. High technology is indeed not something that can be played by price investors, but can only be played by venture capital institutions. ]
[In other words, the secondary market cannot be played, only the primary market can be played. ]
[If you think about it carefully, it seems that Warren Buffett, the stock god and a typical price investment tycoon, has never bought technology stocks. ]
[Understood, price investors choose leading consumer and financial stocks. ]
[Isn’t medicine a technology stock? Why put it in the consumer category? ]
[Medicines themselves are both large-scale consumption and technological attributes. Generally speaking, they can be divided into two categories: one is medicine, such as medical equipment, medical services, etc., and the other is medicine, such as innovative drugs, generic drugs, traditional Chinese medicine, etc. ]
…
Fang Hong stopped interacting with the thread and replied. After watching it for a while, he quit Weibo.
It is worth mentioning that Warren Buffett, the stock god known as the master of value investing, has never invested in high-tech stocks. It can be said that he has never invested in high-tech stocks in his life. In September last year, Buffett subscribed for 225 million shares of BYD for HK$8. , but the current BYD is not the domestic new energy giant that it will be ten years later. The current BYD is still making F3 vehicles.
Similarly, when Buffett bought Apple's shares, it was already the post-Jobs era. In the year he bought Apple, Apple's products were already general-purpose consumer goods.
In the year when Buffett bought Apple, Apple had already begun to act like a small loan company. From a capital perspective, Apple was no longer a high-tech company. Apple phones used in the United States were the same as those used in China. Just like Alipay, it provides direct loans. Consumers in North America can get loans when purchasing Apple devices.
Prior to this, especially during the Steve Jobs era, Buffett did not buy Apple shares at all. It was not until Apple acquired the attributes of a consumer finance stock that Buffett began to hold large shares of the company.
In fact, Oufeguang and Huiding Technology, which have not yet been listed, are typical examples. At one stage, their technologies were very good and their stock prices surged. But later, their stock prices collapsed. It’s not that they didn’t have technology. But the technology is iterating too fast. Once it lags behind, the stock price will fall unilaterally with no end in sight.
It can be seen that if someone says that high-tech stocks are value investments and can be held for more than ten or twenty years, then they are absolutely stupid and bad. The real smart money is when the wind is blowing, speculating on the upward trend and then Evacuate quickly.
Price investment in technology stocks? A long-term tech stock? Who bids you money? Who will stick with you forever?
High-tech is something that venture capital institutions can only play with. The conversion rate and success rate are low, but the cost obtained by VC is low enough. If you invest in a hundred technology startups in the primary market, as long as one becomes one, the first nine will be lost. Nineteen companies were able to recover their losses and make huge profits.
One of the most classic cases is Ali Baba invested by SoftBank.
Not long after Fang Hong quit Weibo, Xu Jingren suddenly called. As soon as he answered the call, he heard a voice: "Boss, do you know senior Qin Feng?"
Qin Feng?
Fang Hong called back: "Oh, you're talking about Qin Feng, the master of science and engineering who successfully cracked the jailbroken iPhone 3 and PS3 game console?"
Xu Jingren: "Yes, that's him."
Fang Hong knew a little bit about Qin Feng. He was a well-known science and engineering man in the school. He cracked the iPhone 3 not long after it was launched, and he also cracked the Sony PS3 game console easily.
However, Qin Feng did not post the cracking process to the Internet and share it publicly. Students with iPhones in school who want to jailbreak will go to him and charge 50 yuan to help jailbreak.
Xu Jingren's voice came from the phone: "Qin Feng found me yesterday. I don't know if it was a temporary idea or something. He said he also wanted to start a smartphone company."
Hearing this, Fang Hong smiled and said: "So he asked you to invest money?"
Xu Jingren also smiled and said: "Yes, he wants Quantum Beating to invest a sum of money to support her business."
The entrepreneurial team of Quantum Beat and Xu Jingren are currently very famous in the school. Alumni all know that they founded the popular Weibo. Quantum Beat Weibo is already very famous among college students, especially during the recent "Micro" competition. The popularity remains high, and the final list of winners will be announced soon.
Xu Jingren added: "Our company doesn't have enough money ourselves, so we definitely can't invest in him, but I think this guy has something. Do you think you can introduce him to our company's investment institution Qunxing Capital?"
Fang Hong said simply: "Okay, you ask him to come to me first in a few days to see if he is worth investing, and then I can introduce him to Mr. Cao."
Xu Jingren replied: "OK, I'll go back and say hello to him."
After hanging up the phone, Fang Hong couldn't help but think of Rebus' Xiaomi. At this moment, Xiaomi Technology has no sign of it. As expected, the start-up funds will not be ready until April next year.
This Qin Feng, judging from his ability to crack the iPhone 3 and Sony PS3, is a very technical and highly intelligent genius.
He wanted to set up a company to start a business in the field of smartphones. Fang Hong was very optimistic about it and was happy to invest in him.
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