yapkokpeng personal page - To The Moon

yapkokpeng

No personal profile

197Follow

2Followers

0Topic

0Badge

2022-08-29

👍

Crash again! Bitcoin fell below $20,000 and 100,000 people exploded in one day

2022-04-29

👍

How do investment gurus survive their darkest hours?

2022-04-18

👍

@EraGrowth_Wealth:$41 bn all-cash Bid, 3 KeyPoints on Elon Musk's Ambitious to Twitter

2022-03-08

👍

Last Night and This Morning | The Nasdaq fell into a bear market! European Stocks Into Bear as Energy Prices Surge

2022-02-10

👍

Last night and this morning | No fear of CPI! U.S. stocks continue to explode

2022-02-03

OK

Sorry, the original content has been removed

2022-01-18

👍

News says NIO expands its lease office in California, or is preparing to start sales in the United States

2022-01-18

👍

News says NIO expands its lease office in California, or is preparing to start sales in the United States

2022-01-17

👍

He Xiaopeng: The beginning and end of "Dreamers in the Air" landing to make cars

2022-01-08

😥

Sorry, the original content has been removed

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"4098191840350010","uuid":"4098191840350010","gmtCreate":1635088774478,"gmtModify":1635088774478,"name":"yapkokpeng","pinyin":"yapkokpeng","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":197,"tweetSize":18,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":6,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.12.03","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":2,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":9,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":9997909890,"gmtCreate":1661730964412,"gmtModify":1676536567353,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997909890","repostId":"1121676163","repostType":4,"repost":{"id":"1121676163","kind":"news","pubTimestamp":1661656248,"share":"https://ttm.financial/m/news/1121676163?lang=en_US&edition=fundamental","pubTime":"2022-08-28 11:10","market":"other","language":"zh","title":"Crash again! Bitcoin fell below $20,000 and 100,000 people exploded in one day","url":"https://stock-news.laohu8.com/highlight/detail?id=1121676163","media":"每日经济新闻","summary":"最大单笔爆仓高达1099万美元。","content":"<p><div>Since the beginning of this year, the currency circle has been \"thundering\" and continued to stage super storms. On August 27th, the price in Bitcoin plummeted, falling by nearly $900 in the day, and the lowest drop was $19,931, which plummeted by more than 69% from the highest point of $64,900 this year on April 14th, setting a new low since July 14th. The global cryptocurrency market shrank by $70.63 billion in market capitalization in the last 24 hours, according to Watcher.Guru data. As of press time, Bitcoin was trading at $20,005.22, down 1.2%. At the same time, the futures contract market continues to explode. Coin world data shows that virtual currency...</p><p><a href=\"http://www.nbd.com.cn/articles/2022-08-28/2434508.html\">Web link</a></div></p>","source":"mrjjxw","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crash again! Bitcoin fell below $20,000 and 100,000 people exploded in one day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrash again! Bitcoin fell below $20,000 and 100,000 people exploded in one day\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">每日经济新闻</strong><span class=\"h-time small\">2022-08-28 11:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>Since the beginning of this year, the currency circle has been \"thundering\" and continued to stage super storms. On August 27th, the price in Bitcoin plummeted, falling by nearly $900 in the day, and the lowest drop was $19,931, which plummeted by more than 69% from the highest point of $64,900 this year on April 14th, setting a new low since July 14th. The global cryptocurrency market shrank by $70.63 billion in market capitalization in the last 24 hours, according to Watcher.Guru data. As of press time, Bitcoin was trading at $20,005.22, down 1.2%. At the same time, the futures contract market continues to explode. Coin world data shows that virtual currency...</p><p><a href=\"http://www.nbd.com.cn/articles/2022-08-28/2434508.html\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.nbd.com.cn/articles/2022-08-28/2434508.html\">每日经济新闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/962be253ee7459c393769e9105cb1429","relate_stocks":{"GBTC":"比特币ETF-Grayscale"},"source_url":"http://www.nbd.com.cn/articles/2022-08-28/2434508.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121676163","content_text":"今年以来，币圈“雷声阵阵”，持续上演超级风暴。8月27日，比特币价格直线暴跌，日内跌近900美元，最低跌至19931美元，较4月14日的今年以来最高点64900美元，暴跌超69%，刷新7月14日以来新低。Watcher.Guru数据显示，在过去24小时内，全球加密货币市场市值缩水706.3亿美元。截至发稿，比特币报20005.22美元，跌1.2%。同时，期货合约市场爆仓不断。币界数据显示，虚拟货币合约一日内共爆仓近28亿元人民币，波及10万人，其中最大单笔爆仓高达1099万美元。8月26日晚间，美联储主席杰罗姆鲍威尔的8分钟讲话中表示，美国很可能会继续加息。在鲍威尔的评论之后，不仅美股暴跌，整个加密货币也大崩盘。虚拟货币全线崩溃在20000美元点位拉扯一周之后，8月27日，比特币价格急转直下，一日暴跌近900美元，最低跌至19931美元，较4月14日的今年以来最高点64900美元，暴跌超69%。据中国证券报报道，币界数据显示，虚拟货币合约一日内共爆仓近28亿元人民币，波及10万人，其中最大单笔爆仓高达1099万美元。图片来源：币界Glassnode数据显示，比特币交易活跃地址已创下今年以来新低，比特币的交易活跃度走向今年的底部区间，关注的人数逐渐减少。Alternative.me显示，8月27日，恐慌与贪婪指数为28，恐慌程度较昨日略有下降，等级仍为恐慌。最近一周，比特币市场的恐慌情绪格外严重。有业内人士认为，由于最近几个月美国股票和加密货币之间的紧密相关性，表明美联储的态度已经渗透到虚拟货币市场，这是近期比特币遭遇抛售的原因。比特币永续期货市场多头头寸的清算也可能加剧这一趋势。BitMEX前首席执行官Arthur Hayes此前表示，20000美元和1000美元分别代表了比特币和以太坊的价格支撑位，如果被突破，将引发“巨大的抛售压力”。比特币交易所Swan的比特币分析师Sam Callahan也认为，根据此前虚拟货币熊市的经验，比特币可能会从历史高点下跌80%以上。这意味着比特币将跌至13800美元。比特币仍有下行空间2020年12月中旬，价格首次突破2万美元的比特币彻底燃起投资者热情，由此开启了长达一年的暴涨模式，并于2021年11月份一度逼近6.9万美元，创下历史最高价。进入2022年，行情急转直下，比特币价格一路下跌并于6月18日跌破2万美元，击破投资者心理防线，大量的抛售促使比特币价格进一步于6月19日跌破1.8万美元。随后，比特币价格企稳并小幅反弹，在8月中旬反弹至25205高点。据证券日报报道，中国通信工业协会区块链专委会共同主席、火大教育校长于佳宁对记者表示，当下市场处于美联储加息阶段的探底行情中，美国CPI高企，意味着美联储此前的加息政策并没有有效缓解国内通胀压力，未来或许会采取更激进的政策。美联储后续加息次数、基准利率调节、缩表规模还存在很大的未知性。全球金融市场受到挑战，比特币也由此受到影响。“很多主流加密资产价格仍由锚定美元的稳定币来体现，受美元政策和美国市场影响较大，某种程度上可以视作美股等主流交易市场的次级市场，如此次比特币暴跌是受美国经济衰退风险影响，从而传导至加密资产市场。”欧易研究院高级研究员赵伟对记者表示。图片来源：摄图网-501024898“受美联储加息影响，作为波动性较大的加密资产，比特币等虚拟币易受到市场恐慌影响而被抛售。”工信部工互联网区块链重大项目评审专家、北邮科技园元宇宙产业协同创新中心执行主任陈晓华对记者表示，从全球投资市场整体基调行情来看，比特币并未出现明确的回暖信号，价格或进一步下探。于佳宁认为，若美联储采取更严格的加息手段来抑制通胀，后续或进一步下行。据中国证券报报道，对于接下来虚拟货币的走势，Coinbase预计，今年三季度交易量可能更加疲软，每月平均交易用户可能降低至700万-900万区间。多家虚拟货币投资机构近期均宣布大规模裁员，包括虚拟货币借贷平台BlockFi，虚拟货币交易平台Crypto.com、Gemini，总部位于阿根廷的交易平台Buenbit。其中，Buenbit已于5月份解雇45%的员工。业界认为，以比特币为代表的虚拟币市场暴跌并不会对全球经济发展造成冲击。于佳宁表示，一方面，加密资产市场总市值不足万亿美元，体量相对较小，难以影响全球经济发展。另一方面，加密资产市场和传统金融市场联系较为薄弱，其波动蔓延至现实经济的可能性不大。","news_type":1,"symbols_score_info":{"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":3383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9060473002,"gmtCreate":1651191059622,"gmtModify":1676534866524,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9060473002","repostId":"1176249216","repostType":4,"repost":{"id":"1176249216","kind":"news","weMediaInfo":{"introduction":"预判经济形势，解读公共政策，提供及时信息，推送专业报告。","home_visible":1,"media_name":"泽平宏观","id":"49","head_image":"https://static.tigerbbs.com/947583bee22e443aa795464217837990"},"pubTimestamp":1651127570,"share":"https://ttm.financial/m/news/1176249216?lang=en_US&edition=fundamental","pubTime":"2022-04-28 14:32","market":"sh","language":"zh","title":"How do investment gurus survive their darkest hours?","url":"https://stock-news.laohu8.com/highlight/detail?id=1176249216","media":"泽平宏观","summary":"在市场的至暗时刻，我们愿意传递理性、专业和信心。让我们看看那些世界级投资大师如何度过市场的至暗时刻，或许能给大家带来一些启发。","content":"<p><html><head></head><body>Buffett said: \"I am greedy when others are panicking, and I panic when others are greedy\".</p><p>What goes up is risk, and what goes down is opportunity. Real investors should be more pessimistic about good companies and stocks as they rise, and more optimistic as they fall. Investing is anti-human, so only a few people are destined to succeed. What we need to do is to improve our thinking and cognition. Investment is essentially the realization of cognition.</p><p>Regardless of individual stocks or the broader market, the bottom is not a point, but a range. If you buy early, you may experience the darkest moment. However, buying cheap is the last word, and greatness comes out of it. Value investing is being a friend of time.</p><p>We are willing to deliver rationality, professionalism and confidence in the market's darkest moments.</p><p>Let's see how those world-class investment gurus survive the market's darkest moments, and perhaps give you some inspiration.</p><p><b>How Buffett survived his darkest moments</b><b>1.1 Not afraid of \"Black Monday\" and decisively bargain-hunting against the trend<a href=\"https://laohu8.com/S/KO\">Coca Cola</a></b></p><p>On Black Monday, October 19, 1987, the U.S. stock market crashed.<b>The Dow Jones Industrial Average fell 508.32 points, or 22.62 percent. If calculated in terms of market value, nearly 500 billion dollars evaporated on this day, and the GDP of the United States was about 4.87 trillion yuan that year, falling by more than 1/10 of GDP in a single day.</b>The plunge of U.S. stocks triggered a global financial tsunami, and the stock markets in London, Frankfurt, Tokyo, Sydney, Hong Kong, Singapore and other places plunged one after another.</p><p><b>Warren Buffett lost $342 million on this day. In a week, Buffett's<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Hathaway's share price plunged 25%.</b>However, unlike ordinary investors, Buffett didn't jump to sell stocks in a hurry after the big loss, nor did he ask around for news. According to media reports,<b>All day long, he stayed in his office as quietly as usual, talking on the phone, reading newspapers and reading the annual reports of public companies.</b></p><p>At the shareholders' meeting of Buffett Group held later,<b>Some media asked him what the stock market crash in 1987 meant. Buffett calmly answered at that time, \"Maybe it has gone too high.\"\"Long-term investment, being a friend of time\", \"buying excellent companies at a reasonable price\", \"It is meaningless to predict the market, so we should pay attention to the company itself\" and so on were all investment creeds put forward by Buffett at that time.</b></p><p>Buffett firmly believes that the stock crash will pass, the stock market will return to normal, and the stock prices of quality companies will ultimately reflect their intrinsic value. He firmly believes in his investment philosophy and strives to find companies with long-term sustained competitive advantages.<b>After the stock market plunged, a calm Buffett began to \"pick up the bargain\". That is, in 1988, Buffett bought the good stock that would make him a lot of money for the next few decades-Coca-Cola.</b>Since the initial purchase in 1988, Coca-Cola has been one of Buffett's heavyweight stocks.<b>In 2022, in the face of global financial market instability, Coca-Cola swam upstream and its share price hit a record high.</b></p><p><b>1.2 If you wait until the robin calls, you will miss the whole spring</b></p><p><b>When the financial crisis struck in 2008, at the darkest moment when the market was full of panic, Buffett wrote in October of that year in \"<a href=\"https://laohu8.com/S/NYT\">The New York Times</a>\"published the famous\" I'm Buying America \"</b>：</p><p>\"Financial markets are in disarray, both in the United States and elsewhere in the world. The financial crisis has penetrated the general economy, and now this penetration has become a blowout, and in the near future, unemployment will rise.<b>Business activity will stall and the headlines continue to be frightening news. So I started buying US stocks.</b></p><p><b>Why? Because I adhere to a simple tenet: I am fearful when others are greedy, and I am greedy when others are fearful.</b></p><p>Of course, in most cases fear spreads, and even seasoned investors can't resist this fear. However, it is certain that investors should be wary of weakly competitive but overleveraged entities or businesses.<b>But for many competitive companies, there is no need to worry about their long-term prospects. The profits of these companies will also be up and down, but most large companies will set new profit records in five, 10, or 20 years.</b></p><p><b>To be clear, I can't predict the short-term movement of the stock market, and I dare not speak falsely about the ups and downs of stocks within a month or a year. However, there is a scenario that is likely to occur. Before confidence regains or the economy recovers, the stock market will rise and possibly surge. If you wait until the robin calls, you will miss the whole spring. \"</b></p><p><b>Five months after the publication of \"I'm Buying America\", U.S. stocks began a bottom out, ushering in a decade-long bull market. Buffett and his Berkshire once again realized asset appreciation.</b>The Dow rose from a low of 6,440 to 36,952 in the 12-year period from 2009 to the end of 2021, an increase of<b>5.7 times</b>； The S&P 500 rose from a low of 666 to 4,818,<b>Increase 7.23x</b>； The Nasdaq rose from a low of 1,265 to 16,212,<b>Increase 12.8x</b>。</p><p><b>1.3 Investment Quotes</b></p><p><b>1) You are fearful when others are greedy, and you are greedy when others are fearful.</b></p><p><b>2) When some big companies have a temporary crisis, or the stock market falls, and there is a profitable trading price, we should not hesitate to buy their shares.</b></p><p><b>3) Good opportunities are the kind that scream for you to buy. For example, in 2008, asset prices were cheap, so you can't be afraid at this time. In your lifetime investment career, this kind of great opportunity of falling gold from the sky can be encountered about six times.</b></p><p>4) The good thing about investing is that you don't need to swing at every thrown ball. The trick of investing is to sit there and watch the balls thrown in, and<b>Waiting for the one who hits the sweet spot.</b></p><p><b>5）</b>Good companies are subject to market reversal and unreasonable stock prices and fall, and great investment opportunities are coming.<b>I prefer to see the market fall, and it is easier to buy good goods and use the money well when it falls sharply.</b></p><p><b>6) Invest in businesses rather than stocks. It's foolish to own a stock and expect it to rise tomorrow morning.</b></p><p><b>7) When a powerful large company encounters a huge but resolvable crisis, a great investment opportunity quietly arrives.</b></p><p><b>2. How Munger survived his darkest moments</b><b>2.1 There are also difficult moments behind brilliant achievements. Investment should be good at \"waiting\", and greatness comes out of it</b></p><p>Munger is Buffett's gold partner and vice chairman of Berkshire Hathaway. He and Buffett teamed up to create the all-time<b>Best investment record-an average annual compound rate of return of more than 20%.</b></p><p><b>There are also difficult moments behind the brilliant investment achievements. Munger lost 31.9% in 1973,</b>In contrast, the Dow Jones Industrials fell 13.1%; It lost 31.5% in 1974, and the Dow fell 23.1%. Of those two years, Munger himself later said: \"It was a difficult experience — 1973 to 1974 was a very unpleasant experience.\"</p><p>But nevertheless, looking back at that decline, Munger<b>Still thinks that most stock prices have dropped to drooling lows in those two years, which is a very good opportunity,</b>He even lamented that he and Buffett may never see these opportunities again. \"We were crushed by the market between 1973 and 1974 because our shares had to trade at less than half of their true value,\" Munger said.</p><p><b>The right choices made at the toughest times will pay off.</b>At the end of 1974, 61% of its funds were invested in blue-chip printing companies. In the worst bear market since the Great Depression, blue-chip printing companies brought a greater degree of pullback/retracement to Munger's portfolio. However, the blue-chip printing company later served as an important asset of the fund, providing a large amount of money for the subsequent acquisitions of See's Candy, Buffalo Evening News and Wesco Financial Corporation.</p><p><b>The secret to Munger's investment success lies not in buying and selling for wealth, but in waiting. Munger believes that if you want to make big money, you have to be good at waiting. Rather look silly than go with the flow impatiently. Munger's investment wisdom, in fact, is not a profound truth, the difficulty is to carry out and persist seriously, the waiting process is anti-human</b>，<b>Many people can't do it.</b></p><p><b>One of the most important reasons why Buffett and Munger became masters is that they understood the core truth at a very young age and stuck to it for a lifetime.</b>In Munger's opinion,<b>If you can't take the market down more than 50% two, three or more times in a century in stride, you're not a good investment</b>And compared with those investors who can rationally handle market fluctuations, they can only get relatively mediocre investment returns.</p><p>Under the guidance of Munger, Buffett has also iteratively updated his investment over the years, no longer obsessed with the early investment concept of \"low-priced cigarette butt stocks\", but broadened his horizons.<b>invested in<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Wait for a group of technology growth companies, also look around the world, invested in<a href=\"https://laohu8.com/S/002594\">BYD</a>And other rising Chinese companies.</b></p><p><b>2.2 Investment Quotes</b></p><p>1）<b>What Buffett and I did, we bought things that had promise. Sometimes we have economic tailwinds, sometimes we have headwinds, but no matter what, we keep going</b>。</p><p>2) To make an investment, you don't need a lot of action, but<b>A lot of patience</b>。</p><p><b>3) If you can't take the market down more than 50% in stride, you are not suitable for investing.</b></p><p>4）<b>Learn to bear losses</b>You need the ability to not go crazy even in the face of loss and adversity.</p><p><b>How Howard Marks survived his darkest moments</b><b>3.1 Fully recognize the \"routine\" of bull and bear markets, go against the trend and not follow the crowd</b></p><p>Howard Marks is a renowned investment guru, U.S.<a href=\"https://laohu8.com/S/OAK\">Oaktree Capital</a>Founder of Management Ltd. When he first entered the industry, an old man told him a routine about the bull market. The old man said,<b>The bull market is actually very simple, divided into three stages</b>: Phase I,<b>A few visionaries are beginning to believe that everything will be better</b>； In the second phase, most investors realize that progress has indeed occurred; And when we get to the third stage,<b>Everyone asserts that everything will always be better-when consensus transcends common sense, the bull market comes to an end.</b></p><p>Howard Marks discovered the subprime crisis in 2008<b>The bear market also has three stages:</b>First, a few investors smelled the risk in the frenzy; Then most investors began to feel the deterioration;<b>In the end, everyone is immersed in pessimism, believing that the situation will only get worse, and that the bear market may see the bottom.</b></p><p>Max believes,<b>The key to successful investing is going against the trend – not following the herd. The most interesting thing about investing is its paradoxical nature, and the most obvious and agreeable things often turn out to be wrong. Only when most people don't see the value of the investment, will the price fall below the value. The key to success cannot be the judgment of the group</b>Trends and group consensus are factors that hinder success. As a result, most investors are trend-followers, and prominent investors are the opposite, they<b>Using Second Level Thinking</b>Avoiding similar portfolios, proceeding<b>Contrarian investment</b>。</p><p><b>3.2 Understanding that the market is not completely \"effective\" and looking for the perfect moment</b></p><p><b>The core logic that supports Max to dare to operate against the market is his insight into the effectiveness of the market.</b>The efficient market hypothesis holds that in the stock market with sound relevant laws, high transparency and sufficient competition, all available information has been timely, accurately and fully reflected in asset prices, unless there is market manipulation.<b>In Marx's view, efficient market theory is not the whole truth of financial markets. Mainstream markets are indeed becoming more and more effective, but their ineffectiveness will always be there.</b>Because people are a synthesis of reason and sensibility, and most people are driven by greed, fear, jealousy and other emotions that destroy objectivity and lead to major mistakes, the market price given by people cannot be absolutely fair, that is, it will not always be valid or invalid.</p><p>In 2008, with the collapse of Lehman Brothers, Wall Street was panicked, and some even predicted that the whole financial system was about to collapse, which followed a frenzy of asset selling.<b>But in the three months following Lehman Brothers' bankruptcy, Oaktree bucked the market and spent more than $6 billion to buy senior guaranteed bonds of highly leveraged companies such as utilities for about 50% less than their actual face value.</b>Eventually, as the economy recovered, most of the bonds that took over were repaid at face value within months,<b>Oak doubled its gains and became one of the few big winners of the financial crisis.</b></p><p>Invested by Howard Marks<b>The way to success lies in his good at acting against the trend, not panicking when the crisis comes, and operating against the market through his second-level thinking and comprehension of market effectiveness.</b>Successful investments<b>Not about \"buying good\", but about \"buying good\"</b>, i.e.<b>Buy below value, wait for the price of the asset to move closer to value,</b>Is the true meaning of investment, the most reliable way to make money.</p><p><b>3.3 Investment Quotes</b></p><p>1）<b>Investing excellence requires a second level of thinking, a more complex and insightful way of thinking that is different from ordinary people.</b>What is Second Level Thinking?</p><p><b>The first level of thinking says: companies will have the prospect of sluggish growth and rising inflation. Let's get rid of the stock. The second level of thinking says: The outlook for the company is terrible, but everyone is selling stocks in panic, and we should buy.</b></p><p>The first level of thinking says: This company's profits will fall, sell. Second-level thinking: This company's profits will fall less than people expect, and there will be unexpected surprises that will push the stock up. Buy in.</p><p>The first level of thinking says: This is a good company, let's buy the stock. The second level of thinking says: This is a good company, but everyone thinks it is a good company, so it is not a good company. The stock is overvalued and overpriced, let's sell the stock.</p><p><b>The first level of thinking is simple and superficial, and almost everyone can do it. The second level of thinking is deep, complex and circuitous.</b></p><p>2）<b>You can't expect to win when you do the same thing as others</b>Breaking out of routine is not an end, but a nice way of thinking. To make money when there is a crisis:<b>The first must be rich, the second must be brave, dare to invest this money</b>。 When you have both, that's the formula for success.</p><p>3) To some extent,<b>Trends, group consensus are factors that hinder success</b>The same portfolio is something we should avoid. Because of the pendulum swing of the market or the cyclical nature of the market, obtaining<b>The key to ultimate victory lies in contrarian investing.</b></p><p>4）<b>Keep in mind that everything has a cycle. Cycles always win at the end. Nothing can go in the same direction forever. Trees don't grow to the sky. Very few things go to zero. Insisting on speculating about the future based on today's events is the greatest harm to investors' investment activities.</b></p><p>5）<b>Sentiment swings in securities markets are similar to pendulum motion.</b>When things are good and prices are high, investors can't wait to buy, leaving all caution behind. When the surrounding environment is chaotic and assets are cheap to sell, investors completely lose the willingness to take risks and can't wait to sell. Always so.</p><p><b>4. How Dario survives his darkest hours</b><b>4.1 Bridgewater Fund's all-weather strategy emphasizes proactively seizing suitable market opportunities</b></p><p>Dario is the founder of Bridgewater, the world's largest hedge fund, with assets under management exceeding $200 billion.</p><p>Dalio puts forward an \"all-weather strategy\", emphasizing the use of<b>Scientific Economic Quantitative Model for Active Asset Management</b>, fusion<b>Macroeconomic prediction, asset class selection, portfolio risk management</b>Three major areas, create a complete set of asset management system. By analyzing the macroeconomic environment, dividing different stages according to the economic growth and inflation level, looking for asset classes suitable for each state, and then allocating stocks, commodities and bonds to build the final investment portfolio.</p><p><b>4.2 Responding to a Crisis: Rather than complaining about danger, seize opportunity</b></p><p><b>Dario proved to many investors that instead of passively complaining about the market, it is better to actively respond to risks, adjust the investment mentality according to the market state, and restructure the investment portfolio. Thus, Bridgewater Fund has performed well in many crises.</b></p><p><b>Black Monday 1987</b>, Dario's Bridgewater Fund bucks the trend<b>Earned a high yield of 22%.</b></p><p><b>Year 2008</b>The hedge fund industry as a whole is bleak, with many funds performing very poorly. Many prominent financial institutions were at risk, Lehman Brothers collapsed and Bear Stearns was taken over by other financial institutions.<b>Bridgewater, however, bucked the trend and gained a positive return of 14%.</b></p><p><b>When the sovereign debt crisis broke out in Europe in 2010, the overall performance of the industry was also very dismal, but Bridgewater</b>Excellent performance again.<b>Its \"Pure Alpha Fund\", with a scale of $70 billion, earned 45% in 2010,</b>Bridgewater's overall rate of return also reached an all-time high this year.</p><p><b>Crisis can make people grow. Crisis is both danger and opportunity. There is opportunity in danger. Easier said than done, but Dario really did this, turning danger into opportunity and gaining high profits amid market turmoil.</b></p><p>In<b>The Principles</b>In one book, Dario shares three things he learned during the market crash:</p><p><b>First, you should not be outrageously overconfident and indulge yourself in being swayed by emotions.</b>No matter how much I know, no matter how diligent I am, I should never confidently make absolute assertions.</p><p>Second, once again, I understand<b>The value of studying history</b>；</p><p>Third,<b>It is difficult for most people to time the market</b>。</p><p><b>4.3 Investment Quotes</b></p><p>1) Committed by investors<b>The biggest mistake is, thinking that what has happened recently is likely to last.</b></p><p><b>2) I'm not immersed in the present.</b></p><p><b>3）</b>Investors are always prone to making the decision to sell when the market goes down. It is not a wise strategy to submit to fear, because it will not lead to success. Instead, when the market goes down, investors need to do the opposite:<b>When you no longer feel fear, you may need to sell; When you feel fear, you may need to buy in.</b></p><p><b>4）</b>A wise person is always focused on sound fundamentals through all the ups and downs, and<b>Flirty people follow their feelings, react emotionally, rush to what's hot, and give up immediately when it's not hot.</b></p><p><b>5. How Graham survived his darkest moments</b><b>5.1 Buy at a low price + risk protection, do not withdraw to cope with the stock market downturn</b></p><p>Benjamin Graham has a reputation as the \"Godfather of Wall Street\". Representative works include Securities Analysis, Smart Investor, etc. He thinks that the world<b>There is no way to get rich overnight, and often the easiest way is the best way.</b>He suggested that investors should hold the right attitude, trust common sense judgment and think for themselves.<b>An investor must not only possess good enterprise analysis and judgment ability, but also possess a rational ability to isolate his thoughts and behaviors from those emotions hovering in the market, so as to achieve investment success.</b></p><p>In 1936, Wall Street fell into another downturn, and for most investors, it was about to face another round of severe tests.<b>At this time, Graham did not fall into pessimism like other investors, but made full use of stock investment analysis methods to search for stocks worth investing in.</b>He does not pay attention to the past performance of individual stocks to predict the future trend of the securities market or the future outlook of individual stocks, but mainly<b>Whether the stock market value is lower than its intrinsic value as the judgment standard</b>Especially those stocks below their liquidation value are his focus.</p><p><b>Graham bought a lot of low-priced shares for Graham Newman during the stock market downturn,</b>Moreover, Graham, like before the 1929 stock market crash, took all kinds of hedging measures for every investment, and this time he protected his assets more fully.<b>On the one hand, Graham adopts the method of diversifying investment to avoid risks; on the other hand, he invests in preferred shares, uses preferred shares to obtain low-interest financing, and at the same time, he can obtain about half of the dividend, while common shares do not guarantee dividends, so as to achieve the purpose of avoiding risks.</b></p><p>Graham's investment strategies and investment techniques show both resilience to sustained downturns and profitability in weak markets.<b>When the stock market began to reverse, Graham made huge returns by buying a lot of low-priced stocks during the stock market downturn.</b>Between 1936 and 1941, although the stock market generally showed a downward trend, Graham Newman's average annual return on investment during this period greatly exceeded the performance of S&P stocks during the same period, which lost an average of 0.6%.</p><p>Looking at the long timeline,<b>From 1936 to 1956, Graham recorded an average annual return of no less than 14.7%</b>, could rank among the best long-term yields Wall Street has ever seen.</p><p><b>5.2 Investment Quotes</b></p><p><b>1) The bull market is the main reason why ordinary investors lose money.</b></p><p>2) Buying stocks is part of buying a business.</p><p>3) The market is always swinging between excessive excitement and excessive pessimism,<b>Intelligent investors buy from the overly pessimistic and sell to the overly excited.</b></p><p>4) Your own performance can affect investment returns far more than the performance of the security itself.</p><p>5) Be careful about the stock price. Shop like a supermarket, not like cosmetics.</p><p><b>6) Rising stocks have increased risk rather than decreased risk, and falling stocks have decreased risk rather than increased risk.</b></p><p>7) It is difficult to see listed companies holding more cash than their share price in a bull market, but<b>In a bear market, there are more opportunities than you think, so seize them.</b></p><p>8) The most practical difference between investors and speculators lies in their attitude towards the movement of the stock market: speculators' interests are mainly in participating in market fluctuations and making profits from them,<b>Investor interest is primarily in acquiring and holding the right stock at the right price.</b></p><p><b>9) Ordinary investors believe that in order to avoid investment risks, it is best to withdraw from the stock market and cut out positions. But pulling out of the stock market isn't the best way to deal with a stock market downturn.</b></p><p><b>How Peter Lynch survived his darkest hour</b><b>6.1 Refuse to sell-off dominated by fear</b></p><p>Peter Lynch is an exceptional equity investor and securities fund manager. Peter Lynch managed the Magellan Fund for 13 years from 1977 to 1990, creating an investment miracle and myth.<b>Magellan Fund's assets under management grew from $20 million to $14 billion</b>With more than 1 million holders, the fund was the largest mutual fund under management in the world at that time.</p><p><b>The Magellan Fund, managed by Lynch, has a compound annualized return of 29% over 13 years. But on October 19, 1987, the Magellan Fund lost 18% of its net asset value, losing as much as $2 billion. In panic, investors rushed to redeem, resulting in the redemption share of Magellan Fund reaching 1.3 billion in October, while the purchase share was only 689 million.</b></p><p><b>In his book \"Peter Lynch's Successful Investment\", he recorded the journey of the 1987 stock market crash: \"At that moment, I really couldn't be sure whether it was the end of the world, or whether we were about to fall into a severe Great Depression, or whether things weren't so bad\". Lynch concluded that the stock market crash had taught him many lessons:</b></p><p><b>One is that investors should ignore the ups and downs of the stock market. If you are desperate to sell stocks in the midst of a stock market crash, then your selling price will often be very low.</b></p><p><b>Second, even if you are panicking, you should stay awake,</b>Instead of selling so much at once, you should gradually reduce your holdings, so that you can ultimately get a higher return on your investment than those investors who throw all of their stocks out of panic.</p><p><b>Third, in the end, excellent companies will win, while ordinary companies will fail, and investors who invest in these two completely different types of companies will get completely different returns accordingly.</b>And it turns out that it is.<b>By June 1988, the market had rebounded by more than 400 points, or 23 percent. Had it been sold in October 1987, the loss would have been painful.</b></p><p><b>6.2 Investment Quotes</b></p><p>1) The stock market crash is as common as the January snowstorm in Colorado. If you are prepared, it won't affect you much.<b>The stock market crash is actually a great opportunity to buy stocks, when frightened investors sell off stocks, and the stock price is naturally very low</b>You can take the opportunity to pick many cheap stocks.</p><p><b>2) Usually, for months or even years, company performance is independent of the stock price. But in the long run, there is 100% correlation between the two.</b>This difference is the key to making money.<b>Be patient and hold good stocks.</b></p><p><b>3) Everyone has the brain to make money in the stock market. But not everyone has the courage to do so. If it's easy for you to sell stocks during a time of stock market panic, you should stay away from the stock market and funds.</b></p><p><b>4）</b>When you invest in the short term, you can only make 90%,<b>When you invest for the long term, you can make ten times as much.</b></p><p><b>5) The historical law of stock market volatility tells us that all the big falls will pass, and the stock market will always rise higher.</b>Historical experience also shows that,<b>The stock market crash is actually a good opportunity to release risks and create investment. You can buy those excellent company stocks at very low prices.</b></p><p>6）<b>Emotion can be a real performance killer,</b>A market decline can easily make you sell in panic, or a market skyrocket can easily make you greedily snap up overvalued stocks.</p><p>7) The real reasons for the stock market crash, whether from historical experience or statistical indicators such as P/E and Dividend yield, were that the market at that time rose too far.</p><p>8) People only remember that the stock market plummeted 1,000 points in two months during the stock market crash, half of which fell in one day, but forget that in the nine months before the stock market crash, the stock market rose by more than 1,000 points.</p><p><b>How John Templeton survived his darkest moments</b><b>7.1 The Road to Contrarian Investment</b></p><p>John Templeton, together with George Soros, Peter Lynch and Warren Buffett, ranks among the four legendary investors in the world, and is called \"the father of global investment\" by Forbes magazine.</p><p>As the most famous contrarian of the last century, Templeton's approach to investing is summarized as,<b>\"Buy at the lows of the Great Depression, sell at the crazy irrational highs, and navigate the two\". He sorts out and seeks countries and industries that have bottomed out but have excellent prospects all over the world, and his investment targets are all enterprises ignored by the public.</b>As a contrary value investor, Templeton believes that stocks that are completely overlooked are the most exciting bargains-especially those that investors have not yet studied.</p><p><b>From zero to one, from one to one hundred, he often takes low in and high out to the extreme, and makes contrarian investments at the \"maximum pessimism point\".</b>In 1937, at the height of the Great Depression, Templeton founded his own company, Templeton, Dobbrow & Vance (TDV).<b>In 1939, amid the twin horrors of the Great Depression and war, Templeton, 36, bought 104 companies with 100 shares each on a borrowing of $10,000.</b>A few years later, the value of the entire portfolio picked up dramatically, with the success of 100 companies earning Templeton its first pot of gold.<b>By 1967, his management had exceeded $400 million.</b>Templeton founded the world's largest and most successful Templeton mutual fund group, and his fund company never hired salespeople, relying solely on investment performance to attract customers.<b>In 1992, his assets under management were already as high as $22 billion.</b></p><p><b>Sorting out and seeking countries and industries that have bottomed out but have excellent prospects worldwide.</b>From the 1960s to the 1970s, Templeton was one of the first American fund managers to invest in Japan. He<b>Buy Japanese stocks at a lower price</b>Japanese stocks jumped after he bought the opportunity ahead of other investors.<b>Later, he discovered that the Japanese stock market was overvalued</b>In 1988, shareholders were told that Japan's stock market would shrink by 50 percent or more. At the same time, he found new investment opportunities,<b>Re-invest in the United States.</b></p><p><b>7.2 Investment Quotes</b></p><p><b>1) Splashing blood on the streets is the best time to buy.</b></p><p><b>2) Bull markets are born in pessimism, grow in doubt, mature in optimism, and die in excitement.</b></p><p>3) Even if everyone around you is selling, you don't have to follow because<b>The best time to sell is before the stock market crashes, not after.</b></p><p>4) You should review your portfolio,<b>The only reason to sell existing stocks is to have more attractive stocks,</b>If not, you should continue to hold the stock in hand.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How do investment gurus survive their darkest hours?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow do investment gurus survive their darkest hours?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/49\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/947583bee22e443aa795464217837990);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">泽平宏观 </p>\n<p class=\"h-time smaller\">2022-04-28 14:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Buffett said: \"I am greedy when others are panicking, and I panic when others are greedy\".</p><p>What goes up is risk, and what goes down is opportunity. Real investors should be more pessimistic about good companies and stocks as they rise, and more optimistic as they fall. Investing is anti-human, so only a few people are destined to succeed. What we need to do is to improve our thinking and cognition. Investment is essentially the realization of cognition.</p><p>Regardless of individual stocks or the broader market, the bottom is not a point, but a range. If you buy early, you may experience the darkest moment. However, buying cheap is the last word, and greatness comes out of it. Value investing is being a friend of time.</p><p>We are willing to deliver rationality, professionalism and confidence in the market's darkest moments.</p><p>Let's see how those world-class investment gurus survive the market's darkest moments, and perhaps give you some inspiration.</p><p><b>How Buffett survived his darkest moments</b><b>1.1 Not afraid of \"Black Monday\" and decisively bargain-hunting against the trend<a href=\"https://laohu8.com/S/KO\">Coca Cola</a></b></p><p>On Black Monday, October 19, 1987, the U.S. stock market crashed.<b>The Dow Jones Industrial Average fell 508.32 points, or 22.62 percent. If calculated in terms of market value, nearly 500 billion dollars evaporated on this day, and the GDP of the United States was about 4.87 trillion yuan that year, falling by more than 1/10 of GDP in a single day.</b>The plunge of U.S. stocks triggered a global financial tsunami, and the stock markets in London, Frankfurt, Tokyo, Sydney, Hong Kong, Singapore and other places plunged one after another.</p><p><b>Warren Buffett lost $342 million on this day. In a week, Buffett's<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Hathaway's share price plunged 25%.</b>However, unlike ordinary investors, Buffett didn't jump to sell stocks in a hurry after the big loss, nor did he ask around for news. According to media reports,<b>All day long, he stayed in his office as quietly as usual, talking on the phone, reading newspapers and reading the annual reports of public companies.</b></p><p>At the shareholders' meeting of Buffett Group held later,<b>Some media asked him what the stock market crash in 1987 meant. Buffett calmly answered at that time, \"Maybe it has gone too high.\"\"Long-term investment, being a friend of time\", \"buying excellent companies at a reasonable price\", \"It is meaningless to predict the market, so we should pay attention to the company itself\" and so on were all investment creeds put forward by Buffett at that time.</b></p><p>Buffett firmly believes that the stock crash will pass, the stock market will return to normal, and the stock prices of quality companies will ultimately reflect their intrinsic value. He firmly believes in his investment philosophy and strives to find companies with long-term sustained competitive advantages.<b>After the stock market plunged, a calm Buffett began to \"pick up the bargain\". That is, in 1988, Buffett bought the good stock that would make him a lot of money for the next few decades-Coca-Cola.</b>Since the initial purchase in 1988, Coca-Cola has been one of Buffett's heavyweight stocks.<b>In 2022, in the face of global financial market instability, Coca-Cola swam upstream and its share price hit a record high.</b></p><p><b>1.2 If you wait until the robin calls, you will miss the whole spring</b></p><p><b>When the financial crisis struck in 2008, at the darkest moment when the market was full of panic, Buffett wrote in October of that year in \"<a href=\"https://laohu8.com/S/NYT\">The New York Times</a>\"published the famous\" I'm Buying America \"</b>：</p><p>\"Financial markets are in disarray, both in the United States and elsewhere in the world. The financial crisis has penetrated the general economy, and now this penetration has become a blowout, and in the near future, unemployment will rise.<b>Business activity will stall and the headlines continue to be frightening news. So I started buying US stocks.</b></p><p><b>Why? Because I adhere to a simple tenet: I am fearful when others are greedy, and I am greedy when others are fearful.</b></p><p>Of course, in most cases fear spreads, and even seasoned investors can't resist this fear. However, it is certain that investors should be wary of weakly competitive but overleveraged entities or businesses.<b>But for many competitive companies, there is no need to worry about their long-term prospects. The profits of these companies will also be up and down, but most large companies will set new profit records in five, 10, or 20 years.</b></p><p><b>To be clear, I can't predict the short-term movement of the stock market, and I dare not speak falsely about the ups and downs of stocks within a month or a year. However, there is a scenario that is likely to occur. Before confidence regains or the economy recovers, the stock market will rise and possibly surge. If you wait until the robin calls, you will miss the whole spring. \"</b></p><p><b>Five months after the publication of \"I'm Buying America\", U.S. stocks began a bottom out, ushering in a decade-long bull market. Buffett and his Berkshire once again realized asset appreciation.</b>The Dow rose from a low of 6,440 to 36,952 in the 12-year period from 2009 to the end of 2021, an increase of<b>5.7 times</b>； The S&P 500 rose from a low of 666 to 4,818,<b>Increase 7.23x</b>； The Nasdaq rose from a low of 1,265 to 16,212,<b>Increase 12.8x</b>。</p><p><b>1.3 Investment Quotes</b></p><p><b>1) You are fearful when others are greedy, and you are greedy when others are fearful.</b></p><p><b>2) When some big companies have a temporary crisis, or the stock market falls, and there is a profitable trading price, we should not hesitate to buy their shares.</b></p><p><b>3) Good opportunities are the kind that scream for you to buy. For example, in 2008, asset prices were cheap, so you can't be afraid at this time. In your lifetime investment career, this kind of great opportunity of falling gold from the sky can be encountered about six times.</b></p><p>4) The good thing about investing is that you don't need to swing at every thrown ball. The trick of investing is to sit there and watch the balls thrown in, and<b>Waiting for the one who hits the sweet spot.</b></p><p><b>5）</b>Good companies are subject to market reversal and unreasonable stock prices and fall, and great investment opportunities are coming.<b>I prefer to see the market fall, and it is easier to buy good goods and use the money well when it falls sharply.</b></p><p><b>6) Invest in businesses rather than stocks. It's foolish to own a stock and expect it to rise tomorrow morning.</b></p><p><b>7) When a powerful large company encounters a huge but resolvable crisis, a great investment opportunity quietly arrives.</b></p><p><b>2. How Munger survived his darkest moments</b><b>2.1 There are also difficult moments behind brilliant achievements. Investment should be good at \"waiting\", and greatness comes out of it</b></p><p>Munger is Buffett's gold partner and vice chairman of Berkshire Hathaway. He and Buffett teamed up to create the all-time<b>Best investment record-an average annual compound rate of return of more than 20%.</b></p><p><b>There are also difficult moments behind the brilliant investment achievements. Munger lost 31.9% in 1973,</b>In contrast, the Dow Jones Industrials fell 13.1%; It lost 31.5% in 1974, and the Dow fell 23.1%. Of those two years, Munger himself later said: \"It was a difficult experience — 1973 to 1974 was a very unpleasant experience.\"</p><p>But nevertheless, looking back at that decline, Munger<b>Still thinks that most stock prices have dropped to drooling lows in those two years, which is a very good opportunity,</b>He even lamented that he and Buffett may never see these opportunities again. \"We were crushed by the market between 1973 and 1974 because our shares had to trade at less than half of their true value,\" Munger said.</p><p><b>The right choices made at the toughest times will pay off.</b>At the end of 1974, 61% of its funds were invested in blue-chip printing companies. In the worst bear market since the Great Depression, blue-chip printing companies brought a greater degree of pullback/retracement to Munger's portfolio. However, the blue-chip printing company later served as an important asset of the fund, providing a large amount of money for the subsequent acquisitions of See's Candy, Buffalo Evening News and Wesco Financial Corporation.</p><p><b>The secret to Munger's investment success lies not in buying and selling for wealth, but in waiting. Munger believes that if you want to make big money, you have to be good at waiting. Rather look silly than go with the flow impatiently. Munger's investment wisdom, in fact, is not a profound truth, the difficulty is to carry out and persist seriously, the waiting process is anti-human</b>，<b>Many people can't do it.</b></p><p><b>One of the most important reasons why Buffett and Munger became masters is that they understood the core truth at a very young age and stuck to it for a lifetime.</b>In Munger's opinion,<b>If you can't take the market down more than 50% two, three or more times in a century in stride, you're not a good investment</b>And compared with those investors who can rationally handle market fluctuations, they can only get relatively mediocre investment returns.</p><p>Under the guidance of Munger, Buffett has also iteratively updated his investment over the years, no longer obsessed with the early investment concept of \"low-priced cigarette butt stocks\", but broadened his horizons.<b>invested in<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Wait for a group of technology growth companies, also look around the world, invested in<a href=\"https://laohu8.com/S/002594\">BYD</a>And other rising Chinese companies.</b></p><p><b>2.2 Investment Quotes</b></p><p>1）<b>What Buffett and I did, we bought things that had promise. Sometimes we have economic tailwinds, sometimes we have headwinds, but no matter what, we keep going</b>。</p><p>2) To make an investment, you don't need a lot of action, but<b>A lot of patience</b>。</p><p><b>3) If you can't take the market down more than 50% in stride, you are not suitable for investing.</b></p><p>4）<b>Learn to bear losses</b>You need the ability to not go crazy even in the face of loss and adversity.</p><p><b>How Howard Marks survived his darkest moments</b><b>3.1 Fully recognize the \"routine\" of bull and bear markets, go against the trend and not follow the crowd</b></p><p>Howard Marks is a renowned investment guru, U.S.<a href=\"https://laohu8.com/S/OAK\">Oaktree Capital</a>Founder of Management Ltd. When he first entered the industry, an old man told him a routine about the bull market. The old man said,<b>The bull market is actually very simple, divided into three stages</b>: Phase I,<b>A few visionaries are beginning to believe that everything will be better</b>； In the second phase, most investors realize that progress has indeed occurred; And when we get to the third stage,<b>Everyone asserts that everything will always be better-when consensus transcends common sense, the bull market comes to an end.</b></p><p>Howard Marks discovered the subprime crisis in 2008<b>The bear market also has three stages:</b>First, a few investors smelled the risk in the frenzy; Then most investors began to feel the deterioration;<b>In the end, everyone is immersed in pessimism, believing that the situation will only get worse, and that the bear market may see the bottom.</b></p><p>Max believes,<b>The key to successful investing is going against the trend – not following the herd. The most interesting thing about investing is its paradoxical nature, and the most obvious and agreeable things often turn out to be wrong. Only when most people don't see the value of the investment, will the price fall below the value. The key to success cannot be the judgment of the group</b>Trends and group consensus are factors that hinder success. As a result, most investors are trend-followers, and prominent investors are the opposite, they<b>Using Second Level Thinking</b>Avoiding similar portfolios, proceeding<b>Contrarian investment</b>。</p><p><b>3.2 Understanding that the market is not completely \"effective\" and looking for the perfect moment</b></p><p><b>The core logic that supports Max to dare to operate against the market is his insight into the effectiveness of the market.</b>The efficient market hypothesis holds that in the stock market with sound relevant laws, high transparency and sufficient competition, all available information has been timely, accurately and fully reflected in asset prices, unless there is market manipulation.<b>In Marx's view, efficient market theory is not the whole truth of financial markets. Mainstream markets are indeed becoming more and more effective, but their ineffectiveness will always be there.</b>Because people are a synthesis of reason and sensibility, and most people are driven by greed, fear, jealousy and other emotions that destroy objectivity and lead to major mistakes, the market price given by people cannot be absolutely fair, that is, it will not always be valid or invalid.</p><p>In 2008, with the collapse of Lehman Brothers, Wall Street was panicked, and some even predicted that the whole financial system was about to collapse, which followed a frenzy of asset selling.<b>But in the three months following Lehman Brothers' bankruptcy, Oaktree bucked the market and spent more than $6 billion to buy senior guaranteed bonds of highly leveraged companies such as utilities for about 50% less than their actual face value.</b>Eventually, as the economy recovered, most of the bonds that took over were repaid at face value within months,<b>Oak doubled its gains and became one of the few big winners of the financial crisis.</b></p><p>Invested by Howard Marks<b>The way to success lies in his good at acting against the trend, not panicking when the crisis comes, and operating against the market through his second-level thinking and comprehension of market effectiveness.</b>Successful investments<b>Not about \"buying good\", but about \"buying good\"</b>, i.e.<b>Buy below value, wait for the price of the asset to move closer to value,</b>Is the true meaning of investment, the most reliable way to make money.</p><p><b>3.3 Investment Quotes</b></p><p>1）<b>Investing excellence requires a second level of thinking, a more complex and insightful way of thinking that is different from ordinary people.</b>What is Second Level Thinking?</p><p><b>The first level of thinking says: companies will have the prospect of sluggish growth and rising inflation. Let's get rid of the stock. The second level of thinking says: The outlook for the company is terrible, but everyone is selling stocks in panic, and we should buy.</b></p><p>The first level of thinking says: This company's profits will fall, sell. Second-level thinking: This company's profits will fall less than people expect, and there will be unexpected surprises that will push the stock up. Buy in.</p><p>The first level of thinking says: This is a good company, let's buy the stock. The second level of thinking says: This is a good company, but everyone thinks it is a good company, so it is not a good company. The stock is overvalued and overpriced, let's sell the stock.</p><p><b>The first level of thinking is simple and superficial, and almost everyone can do it. The second level of thinking is deep, complex and circuitous.</b></p><p>2）<b>You can't expect to win when you do the same thing as others</b>Breaking out of routine is not an end, but a nice way of thinking. To make money when there is a crisis:<b>The first must be rich, the second must be brave, dare to invest this money</b>。 When you have both, that's the formula for success.</p><p>3) To some extent,<b>Trends, group consensus are factors that hinder success</b>The same portfolio is something we should avoid. Because of the pendulum swing of the market or the cyclical nature of the market, obtaining<b>The key to ultimate victory lies in contrarian investing.</b></p><p>4）<b>Keep in mind that everything has a cycle. Cycles always win at the end. Nothing can go in the same direction forever. Trees don't grow to the sky. Very few things go to zero. Insisting on speculating about the future based on today's events is the greatest harm to investors' investment activities.</b></p><p>5）<b>Sentiment swings in securities markets are similar to pendulum motion.</b>When things are good and prices are high, investors can't wait to buy, leaving all caution behind. When the surrounding environment is chaotic and assets are cheap to sell, investors completely lose the willingness to take risks and can't wait to sell. Always so.</p><p><b>4. How Dario survives his darkest hours</b><b>4.1 Bridgewater Fund's all-weather strategy emphasizes proactively seizing suitable market opportunities</b></p><p>Dario is the founder of Bridgewater, the world's largest hedge fund, with assets under management exceeding $200 billion.</p><p>Dalio puts forward an \"all-weather strategy\", emphasizing the use of<b>Scientific Economic Quantitative Model for Active Asset Management</b>, fusion<b>Macroeconomic prediction, asset class selection, portfolio risk management</b>Three major areas, create a complete set of asset management system. By analyzing the macroeconomic environment, dividing different stages according to the economic growth and inflation level, looking for asset classes suitable for each state, and then allocating stocks, commodities and bonds to build the final investment portfolio.</p><p><b>4.2 Responding to a Crisis: Rather than complaining about danger, seize opportunity</b></p><p><b>Dario proved to many investors that instead of passively complaining about the market, it is better to actively respond to risks, adjust the investment mentality according to the market state, and restructure the investment portfolio. Thus, Bridgewater Fund has performed well in many crises.</b></p><p><b>Black Monday 1987</b>, Dario's Bridgewater Fund bucks the trend<b>Earned a high yield of 22%.</b></p><p><b>Year 2008</b>The hedge fund industry as a whole is bleak, with many funds performing very poorly. Many prominent financial institutions were at risk, Lehman Brothers collapsed and Bear Stearns was taken over by other financial institutions.<b>Bridgewater, however, bucked the trend and gained a positive return of 14%.</b></p><p><b>When the sovereign debt crisis broke out in Europe in 2010, the overall performance of the industry was also very dismal, but Bridgewater</b>Excellent performance again.<b>Its \"Pure Alpha Fund\", with a scale of $70 billion, earned 45% in 2010,</b>Bridgewater's overall rate of return also reached an all-time high this year.</p><p><b>Crisis can make people grow. Crisis is both danger and opportunity. There is opportunity in danger. Easier said than done, but Dario really did this, turning danger into opportunity and gaining high profits amid market turmoil.</b></p><p>In<b>The Principles</b>In one book, Dario shares three things he learned during the market crash:</p><p><b>First, you should not be outrageously overconfident and indulge yourself in being swayed by emotions.</b>No matter how much I know, no matter how diligent I am, I should never confidently make absolute assertions.</p><p>Second, once again, I understand<b>The value of studying history</b>；</p><p>Third,<b>It is difficult for most people to time the market</b>。</p><p><b>4.3 Investment Quotes</b></p><p>1) Committed by investors<b>The biggest mistake is, thinking that what has happened recently is likely to last.</b></p><p><b>2) I'm not immersed in the present.</b></p><p><b>3）</b>Investors are always prone to making the decision to sell when the market goes down. It is not a wise strategy to submit to fear, because it will not lead to success. Instead, when the market goes down, investors need to do the opposite:<b>When you no longer feel fear, you may need to sell; When you feel fear, you may need to buy in.</b></p><p><b>4）</b>A wise person is always focused on sound fundamentals through all the ups and downs, and<b>Flirty people follow their feelings, react emotionally, rush to what's hot, and give up immediately when it's not hot.</b></p><p><b>5. How Graham survived his darkest moments</b><b>5.1 Buy at a low price + risk protection, do not withdraw to cope with the stock market downturn</b></p><p>Benjamin Graham has a reputation as the \"Godfather of Wall Street\". Representative works include Securities Analysis, Smart Investor, etc. He thinks that the world<b>There is no way to get rich overnight, and often the easiest way is the best way.</b>He suggested that investors should hold the right attitude, trust common sense judgment and think for themselves.<b>An investor must not only possess good enterprise analysis and judgment ability, but also possess a rational ability to isolate his thoughts and behaviors from those emotions hovering in the market, so as to achieve investment success.</b></p><p>In 1936, Wall Street fell into another downturn, and for most investors, it was about to face another round of severe tests.<b>At this time, Graham did not fall into pessimism like other investors, but made full use of stock investment analysis methods to search for stocks worth investing in.</b>He does not pay attention to the past performance of individual stocks to predict the future trend of the securities market or the future outlook of individual stocks, but mainly<b>Whether the stock market value is lower than its intrinsic value as the judgment standard</b>Especially those stocks below their liquidation value are his focus.</p><p><b>Graham bought a lot of low-priced shares for Graham Newman during the stock market downturn,</b>Moreover, Graham, like before the 1929 stock market crash, took all kinds of hedging measures for every investment, and this time he protected his assets more fully.<b>On the one hand, Graham adopts the method of diversifying investment to avoid risks; on the other hand, he invests in preferred shares, uses preferred shares to obtain low-interest financing, and at the same time, he can obtain about half of the dividend, while common shares do not guarantee dividends, so as to achieve the purpose of avoiding risks.</b></p><p>Graham's investment strategies and investment techniques show both resilience to sustained downturns and profitability in weak markets.<b>When the stock market began to reverse, Graham made huge returns by buying a lot of low-priced stocks during the stock market downturn.</b>Between 1936 and 1941, although the stock market generally showed a downward trend, Graham Newman's average annual return on investment during this period greatly exceeded the performance of S&P stocks during the same period, which lost an average of 0.6%.</p><p>Looking at the long timeline,<b>From 1936 to 1956, Graham recorded an average annual return of no less than 14.7%</b>, could rank among the best long-term yields Wall Street has ever seen.</p><p><b>5.2 Investment Quotes</b></p><p><b>1) The bull market is the main reason why ordinary investors lose money.</b></p><p>2) Buying stocks is part of buying a business.</p><p>3) The market is always swinging between excessive excitement and excessive pessimism,<b>Intelligent investors buy from the overly pessimistic and sell to the overly excited.</b></p><p>4) Your own performance can affect investment returns far more than the performance of the security itself.</p><p>5) Be careful about the stock price. Shop like a supermarket, not like cosmetics.</p><p><b>6) Rising stocks have increased risk rather than decreased risk, and falling stocks have decreased risk rather than increased risk.</b></p><p>7) It is difficult to see listed companies holding more cash than their share price in a bull market, but<b>In a bear market, there are more opportunities than you think, so seize them.</b></p><p>8) The most practical difference between investors and speculators lies in their attitude towards the movement of the stock market: speculators' interests are mainly in participating in market fluctuations and making profits from them,<b>Investor interest is primarily in acquiring and holding the right stock at the right price.</b></p><p><b>9) Ordinary investors believe that in order to avoid investment risks, it is best to withdraw from the stock market and cut out positions. But pulling out of the stock market isn't the best way to deal with a stock market downturn.</b></p><p><b>How Peter Lynch survived his darkest hour</b><b>6.1 Refuse to sell-off dominated by fear</b></p><p>Peter Lynch is an exceptional equity investor and securities fund manager. Peter Lynch managed the Magellan Fund for 13 years from 1977 to 1990, creating an investment miracle and myth.<b>Magellan Fund's assets under management grew from $20 million to $14 billion</b>With more than 1 million holders, the fund was the largest mutual fund under management in the world at that time.</p><p><b>The Magellan Fund, managed by Lynch, has a compound annualized return of 29% over 13 years. But on October 19, 1987, the Magellan Fund lost 18% of its net asset value, losing as much as $2 billion. In panic, investors rushed to redeem, resulting in the redemption share of Magellan Fund reaching 1.3 billion in October, while the purchase share was only 689 million.</b></p><p><b>In his book \"Peter Lynch's Successful Investment\", he recorded the journey of the 1987 stock market crash: \"At that moment, I really couldn't be sure whether it was the end of the world, or whether we were about to fall into a severe Great Depression, or whether things weren't so bad\". Lynch concluded that the stock market crash had taught him many lessons:</b></p><p><b>One is that investors should ignore the ups and downs of the stock market. If you are desperate to sell stocks in the midst of a stock market crash, then your selling price will often be very low.</b></p><p><b>Second, even if you are panicking, you should stay awake,</b>Instead of selling so much at once, you should gradually reduce your holdings, so that you can ultimately get a higher return on your investment than those investors who throw all of their stocks out of panic.</p><p><b>Third, in the end, excellent companies will win, while ordinary companies will fail, and investors who invest in these two completely different types of companies will get completely different returns accordingly.</b>And it turns out that it is.<b>By June 1988, the market had rebounded by more than 400 points, or 23 percent. Had it been sold in October 1987, the loss would have been painful.</b></p><p><b>6.2 Investment Quotes</b></p><p>1) The stock market crash is as common as the January snowstorm in Colorado. If you are prepared, it won't affect you much.<b>The stock market crash is actually a great opportunity to buy stocks, when frightened investors sell off stocks, and the stock price is naturally very low</b>You can take the opportunity to pick many cheap stocks.</p><p><b>2) Usually, for months or even years, company performance is independent of the stock price. But in the long run, there is 100% correlation between the two.</b>This difference is the key to making money.<b>Be patient and hold good stocks.</b></p><p><b>3) Everyone has the brain to make money in the stock market. But not everyone has the courage to do so. If it's easy for you to sell stocks during a time of stock market panic, you should stay away from the stock market and funds.</b></p><p><b>4）</b>When you invest in the short term, you can only make 90%,<b>When you invest for the long term, you can make ten times as much.</b></p><p><b>5) The historical law of stock market volatility tells us that all the big falls will pass, and the stock market will always rise higher.</b>Historical experience also shows that,<b>The stock market crash is actually a good opportunity to release risks and create investment. You can buy those excellent company stocks at very low prices.</b></p><p>6）<b>Emotion can be a real performance killer,</b>A market decline can easily make you sell in panic, or a market skyrocket can easily make you greedily snap up overvalued stocks.</p><p>7) The real reasons for the stock market crash, whether from historical experience or statistical indicators such as P/E and Dividend yield, were that the market at that time rose too far.</p><p>8) People only remember that the stock market plummeted 1,000 points in two months during the stock market crash, half of which fell in one day, but forget that in the nine months before the stock market crash, the stock market rose by more than 1,000 points.</p><p><b>How John Templeton survived his darkest moments</b><b>7.1 The Road to Contrarian Investment</b></p><p>John Templeton, together with George Soros, Peter Lynch and Warren Buffett, ranks among the four legendary investors in the world, and is called \"the father of global investment\" by Forbes magazine.</p><p>As the most famous contrarian of the last century, Templeton's approach to investing is summarized as,<b>\"Buy at the lows of the Great Depression, sell at the crazy irrational highs, and navigate the two\". He sorts out and seeks countries and industries that have bottomed out but have excellent prospects all over the world, and his investment targets are all enterprises ignored by the public.</b>As a contrary value investor, Templeton believes that stocks that are completely overlooked are the most exciting bargains-especially those that investors have not yet studied.</p><p><b>From zero to one, from one to one hundred, he often takes low in and high out to the extreme, and makes contrarian investments at the \"maximum pessimism point\".</b>In 1937, at the height of the Great Depression, Templeton founded his own company, Templeton, Dobbrow & Vance (TDV).<b>In 1939, amid the twin horrors of the Great Depression and war, Templeton, 36, bought 104 companies with 100 shares each on a borrowing of $10,000.</b>A few years later, the value of the entire portfolio picked up dramatically, with the success of 100 companies earning Templeton its first pot of gold.<b>By 1967, his management had exceeded $400 million.</b>Templeton founded the world's largest and most successful Templeton mutual fund group, and his fund company never hired salespeople, relying solely on investment performance to attract customers.<b>In 1992, his assets under management were already as high as $22 billion.</b></p><p><b>Sorting out and seeking countries and industries that have bottomed out but have excellent prospects worldwide.</b>From the 1960s to the 1970s, Templeton was one of the first American fund managers to invest in Japan. He<b>Buy Japanese stocks at a lower price</b>Japanese stocks jumped after he bought the opportunity ahead of other investors.<b>Later, he discovered that the Japanese stock market was overvalued</b>In 1988, shareholders were told that Japan's stock market would shrink by 50 percent or more. At the same time, he found new investment opportunities,<b>Re-invest in the United States.</b></p><p><b>7.2 Investment Quotes</b></p><p><b>1) Splashing blood on the streets is the best time to buy.</b></p><p><b>2) Bull markets are born in pessimism, grow in doubt, mature in optimism, and die in excitement.</b></p><p>3) Even if everyone around you is selling, you don't have to follow because<b>The best time to sell is before the stock market crashes, not after.</b></p><p>4) You should review your portfolio,<b>The only reason to sell existing stocks is to have more attractive stocks,</b>If not, you should continue to hold the stock in hand.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cde2e4fc86b629e1a7a7708ea53eb694","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176249216","content_text":"巴菲特说：“在别人恐慌时我贪婪，在别人贪婪时我恐慌”。涨上去的是风险，跌下来的是机会。真正的投资者对于好公司好股票应该越涨越悲观，越跌越乐观。投资是反人性的，所以注定只有少数人能够成功。我们所需要做的是提升自己的思维和认知，投资本质上是认知的变现。无论个股还是大盘，底部不是一个点，而是一个区间。如果买的早了，你可能会经历至暗时刻，但是，买的便宜是硬道理，伟大都是熬出来的。价值投资是做时间的朋友。在市场的至暗时刻，我们愿意传递理性、专业和信心。让我们看看那些世界级投资大师如何度过市场的至暗时刻，或许能给大家带来一些启发。1、巴菲特如何度过至暗时刻1.1  不惧“黑色星期一”，果断逆势抄底可口可乐1987年10月19日，黑色星期一，美国股市崩盘。道琼斯工业指数下跌了508.32点，跌幅达22.62%。如果用市值来算，这一天蒸发了近5000亿美元，美国当年GDP约4.87万亿，单日下跌超GDP的1/10。美股暴跌引发了全球性的金融海啸，伦敦、法兰克福、东京、悉尼、香港、新加坡等地股市，接连出现暴跌。这天股神巴菲特损失了3.42亿美元。一周的时间，巴菲特控股的伯克希尔·哈撒韦公司股价便暴跌了25％。不过与普通投资者不同，大亏后的巴菲特没有急得跳脚抛售股票，也没有四处打听消息。据媒体报道，整整一天，他和往常一样安静呆在办公室里，打电话，看报纸，看上市公司的年报。在之后召开的巴菲特集团股东大会上，有媒体提问他1987年这次股灾崩盘意味着什么，巴菲特当时平静回答“也许它上涨得过高了吧。”“长期投资、做时间的朋友”、“以合理的价格买进优秀的公司”、“预测市场没有意义，应该关注公司本身”等等都是巴菲特彼时提出的的投资信条。巴菲特坚信股灾会过去，股市会恢复正常，优质公司的股价最终会反映其内在价值。他坚信自己的投资理念，努力寻找那些具有长期持续竞争优势的公司。在股市暴跌后，平静的巴菲特开始“捡便宜”。也就是在1988年，巴菲特买入了未来几十年让他赚得盆满钵满的好股票——可口可乐。从1988年初次买入后，可口可乐一直作为巴菲特的重仓股之一。2022年，面对全球金融市场不稳定，可口可乐逆流而上，股价创下历史性新高。1.2  如果你等到知更鸟叫时，你将错过整个春天2008年金融危机来袭，在市场充满恐慌情绪的至暗时刻，巴菲特于当年10月在《纽约时报》发表了著名的《我在买入美国》：“无论是在美国还是在世界其他地方，金融市场都陷入了混乱。金融危机已经渗透到总体经济中，现在这种渗透变为井喷式爆发，近期，失业率还将上升。商业活动将停滞不前，头条新闻继续是令人害怕的消息。因此我开始购买美国股票。为什么？因为我奉行一条简单的信条：即他人贪婪时我恐惧，他人恐惧时我贪婪。当然，在多数情况下恐惧会蔓延，即使是经验丰富的投资者也无法抗拒这种恐惧感。不过有点是肯定的，投资者应对竞争地位弱的、但杠杆过度的实体或企业保持警惕。但对于很多竞争力强的公司，没有必要担心他们的长期前景。这些公司的利润也会时好时坏，但多数大公司在5、10、20年后都将创下新的利润记录。要澄清一点，我无法预计股市的短期变动，对于股票1个月或1年内的涨跌情况我不敢妄言。然而有个情况很可能会出现，在市场恢复信心或经济复苏前，股市会上涨而且可能是大涨。如果你等到知更鸟叫时，你将错过整个春天。”《我在买入美国》发表5个月后，美股开始触底反弹，迎来了长达十年的牛市，巴菲特和他的伯克希尔再次实现资产增值。从2009年开始到2021年末的12年内，道琼斯指数从最低6440点上涨到36952点，涨幅5.7倍；标普500指数从最低666点上涨到4818点，涨幅7.23倍；纳斯达克指数从最低1265点上涨到16212点，涨幅12.8倍。1.3  投资名言1）当别人贪婪时你恐惧，当别人恐惧时你贪婪。2）当一些大企业暂时出现危机，或股市下跌，并出现有利可图的交易价格时，我们就应该毫不犹豫买进它们的股票。3）好机会是那种尖叫着要你买入的。比如2008年，资产价格便宜了，这时候就不能怕。在你们一辈子的投资生涯之中，这种天上掉金子的大好机会，大概能遇到 6 次。4）投资的好处在于你不需要对每个扔过来的球挥棒。投资诀窍就是坐在那里看着一个个扔来的球，并且等待打到最佳位置的那个。5）好企业受制于市场逆转、股价不合理而下跌，大好的投资机会即将来临。我更愿意看到市场下跌，大跌的时候更容易买到好货，更容易把钱用好。6）投资企业而不是股票。拥有一只股票，期待它明天早晨就上涨是十分愚蠢的。7）当一家有实力的大公司遇到一次巨大但可以化解的危机时，一个绝好的投资机会就悄然来临。2、芒格如何度过至暗时刻2.1 辉煌成绩背后亦有艰辛时刻，投资要善于“等待”，伟大都是熬出来的芒格是巴菲特的黄金搭档，伯克希尔·哈撒韦公司的副主席。他和巴菲特联手创造了有史以来最优秀的投资纪录——年均20%以上的复合收益率。辉煌投资成绩的背后亦有艰辛时刻。芒格在1973年损失了31.9％，相比之下，道琼斯工业指数下跌了13.1％；在1974年损失了31.5％，道琼斯指数下跌23.1％。提起那两年，芒格自己后来也说：“这是一段艰难的经历——1973年至1974年是一个非常不愉快的经历。”但尽管如此，回过头再看那场下跌，芒格依然认为，那两年大多数股票价格都已经跌到令人流口水的低位，是一个非常好的机会，他甚至曾感慨，自己和巴菲特可能再也看不到这些机会了。芒格说：“我们在1973年到1974年间被市场碾压了，是因为我们的股票不得不在低于他们真正价值的一半以下的价格交易。”在最艰难时刻作出的正确选择，终会为你带来回报。1974年底，其61％的资金投资于蓝筹印花公司。在大萧条以来最糟糕的熊市里，蓝筹印花公司给芒格的投资组合带来了较大程度的回撤。然而，后来蓝筹印花公司作为基金的重要的资产，为之后收购喜诗糖果、布法罗晚报和韦斯科金融公司等提供了大量的资金。芒格投资成功的秘诀不在于买进卖出获得财富，而在于等待。芒格认为，如果你想赚大钱，你必须善于等待。宁愿看起来很傻，也不愿意没有耐心地随波逐流。芒格的投资智慧，其实并不是什么高深的道理，难的是认真执行和坚持，等待的过程是反人性的，很多人是做不到的。巴菲特和芒格能够成为大师的最重要原因之一，就是他们在很年轻的时候就明白了核心的道理，并且用一生的时间坚持下去。在芒格看来，如果你对于在一个世纪内发生两三次或者更多次，市场超过50%下跌不能泰然处之，你就不适合做投资，并且和那些具有能理性处理市场波动的投资者相比，也只能获得相对平庸的投资收益。在芒格的引导下，巴菲特也对自己的投资历年进行迭代更新，不再是执着于早期的“低价烟蒂股”投资理念，而是开拓视野，投资了苹果等一批科技成长公司，也放眼全球，投资了比亚迪等崛起中的中国公司。2.2 投资名言1）巴菲特和我所做的是，我们买了有前景的东西。有时我们遇到经济的顺风，有时我们遇到逆风，但不管怎样，我们都在继续前行。2）要进行投资，你需要的不是大量的行动，而是大量的耐心。3）如果你对于市场超过50%下跌不能泰然处之，你就不适合做投资。4）学会承受损失，你需要即使遭受损失和身处逆境也不会疯掉的能力。3、霍华德·马克斯如何度过至暗时刻3.1  充分认知牛熊市“套路”，逆势而行、不从众霍华德·马克斯是著名投资大师、美国橡树资本管理有限公司创始人。刚入行的时候，有个老前辈和他讲了一个关于牛市的套路。老前辈说，牛市其实非常简单，一共分成三个阶段：第一阶段，少数有远见的人开始相信一切会更好；第二阶段，大多数投资者意识到进步的确已经发生；而当到了第三阶段，人人断言一切永远会更好——当共识超越常识，牛市就到了终点。霍华德·马克斯在2008年次贷危机是发现了熊市同样有三个阶段：先是少数投资者在狂热中嗅到了风险；然后大多数投资者开始感受到了形势的恶化；最后所有人都沉浸在悲观之中，相信形势只会更糟，熊市可能就见到了底部。马克斯认为，成功投资的关键在于逆势而行——不从众。投资最有趣的事情是它的矛盾性，最显而易见、人人赞同的事，往往被证明是错误的。只有当多数人看不到投资价值的时候，价格才会低于价值。成功的关键不可能是群体的判断，趋势与群体共识是阻碍成功的因素。因此，大多数投资者是趋势跟踪者，而杰出的投资者恰恰相反，他们使用第二层次思维，避开雷同的投资组合，进行逆向投资。3.2 参悟市场并非完全“有效”，寻找绝佳时刻支撑马克斯敢于逆市操作的核心逻辑，是他对市场有效性的参悟。有效市场假说认为，在相关法律健全、透明度高、竞争充分的股票市场，一切可获得的的信息已经及时、准确、充分地反映在资产价格当中，除非存在市场操纵。在马克斯看来，有效市场理论并非金融市场的全部真相，主流市场的确变得愈发有效，但无效性永远都在。因为，人是理性感性的综合体，大多数人都会受贪婪、恐惧、妒忌及其他破坏客观性、导致重大失误的情绪所驱动，所以人给出的市场价格不可能绝对公允，也就是不会一直有效或无效。2008年，随着雷曼兄弟轰然倒下，华尔街人心惶惶，甚至有人预测整个金融体系即将崩溃，资产抛售狂潮随之而来。但在雷曼兄弟破产后的三个月里，橡树资本逆市斥资60多亿美元，以低于实际面值约50%的价格收购了公用事业公司等高杠杆公司的优先担保债券。最终，随着经济复苏的到来，接盘的大多数债券在几个月内都按面值偿付，橡树取得了翻倍收益，成为此次金融危机中为数不多的大赢家。霍华德·马克斯投资的成功之道在于他善于逆势而为，不在危机来临时恐慌，通过自己的第二层思维、对市场有效性的参悟进行逆市操作。成功的投资不在于“买好的”，而在于“买得好”，即以低于价值的价格买进，等待资产价格向价值靠拢，才是投资真谛，最可靠的赚钱方法。3.3  投资名言1）卓越投资需要第二层次思维，一种不同于常人的更复杂、更具洞察力的思维方式。什么是第二层次思维？第一层次思维说：公司会出现增长低迷、通货膨胀加重的前景。让我们抛掉股票吧。第二层次思维说：公司前景糟糕透顶，但是所有人都在恐慌中抛售股票，我们应该买进。第一层次思维说：这家公司的利润会下跌，卖出。第二层次思维说：这家公司的利润下跌得会比人们预期的少，会有意想不到的惊喜而拉升股票。买进。第一层次思维说：这是一家好公司，让我们买进股票吧。第二层次思维说：这是一家好公司，但是人人都认为它是一家好公司，因此它不是一家好公司。股票的估价和定价都过高，让我们卖出股票吧。第一层次思维单纯而肤浅，几乎人人都能做到。第二层次思维深邃、复杂而迂回。2）你不可能在和他人做着相同事情的时候期待胜出，突破常规不是目的，但是一种不错的思维方式。当发生危机时，要想赚钱：第一得有钱，第二得有种，敢投资这笔钱。当两者都具备，这就是成功的公式。3）某种程度上来说，趋势、群体共识是阻碍成功的因素，雷同的投资组合是我们要避开的。由于市场的钟摆式摆动或市场的周期性，所以取得最终胜利的关键在于逆向投资。4）牢记万物皆有周期。周期永远胜在最后。任何东西都不可能朝同一个方向永远发展下去。树木不会长到天上。很少有东西会归零。坚持以今天的事件推测未来是对投资者的投资活动最大的危害。5）证券市场的情绪波动类似于钟摆运动。当形势良好、价格高企时，投资者迫不及待地买进，把所有谨慎都拋诸脑后。当周围环境一片混乱、资产廉价待沽时，投资者又完全丧失了承担风险的意愿，迫不及待地卖出。永远如此。4、达里奥如何度过至暗时刻4.1  桥水基金全天候策略，强调主动把握合适市场机会达里奥是全球最大对冲基金桥水基金创始人，资产管理规模超2千亿美元。达里奥提出“全天候策略”，强调运用科学经济量化模型进行主动资产管理，融合宏观经济预判、资产类别选择、组合风险管理三大领域，创建一套完整的资产管理体系。通过对宏观经济环境进行分析，根据经济增长和通胀水平划分不同阶段，寻找适合每一个状态的资产类别，进而配置股票、商品、债券，构建最终的投资组合。4.2  应对危机：与其抱怨危险，不如把握机遇达里奥向众多投资人证明，与其消极抱怨市场，不如积极风险应对，根据市场状态调整投资心态，重构投资组合，桥水基金凭此在多次危机中表现优异。1987年黑色星期一，达里奥的桥水基金逆势挣得22%的高收益。2008年，对冲基金行业整体惨淡，很多基金的表现都非常地差。许多著名金融机构面临风险，雷曼兄弟倒闭，贝尔斯登也被其他金融机构接管。桥水却逆势获得14%的正收益。2010年欧洲爆发主权债务危机，行业整体表现也非常惨淡，但是桥水再次表现优异。旗下“纯粹阿尔法基金”，规模700亿美元，在2010年获得了45%的收益，这一年桥水的整体回报率也达到了历史新高。危机可以使人成长，危机既是危险也是机遇，危险之中蕴藏着机会。知易行难，但是达里奥是真正做到了这一点，化危险为机会，在市场动荡中获取了高额的收益。在《原则》一书中，达里奥分享了他在市场崩盘中学到的三件事情：第一，不应该离谱地过度自信，并放纵自己被情绪左右。无论我知道多少东西，无论我多么勤奋，我都不应该自信地做出绝对的断言。第二，我再次领会到研究历史的价值；第三，要把握市场的时机，虽然对大多数人来说相当困难。4.3 投资名言1）投资者犯的最大错误是，认为最近发生的事情可能会持续下去。2）我不会沉浸在当下。3）投资者在市场出现下跌时，总是容易做出抛售的决定。屈从恐惧并不是个明智的策略，因为这样做并不会取得成功。相反，在市场走跌时，投资者需要进行反向操作：当你不再感到恐惧时，你可能需要卖出；当你感到恐惧时，你也许需要买进。4）明智的人在经历各种沉浮时都始终盯稳健的基本面，而轻浮的人跟着感觉走，做出情绪化的反应，对于热门的东西一拥而上，不热的时候又马上放弃。5、格雷厄姆如何度过至暗时刻5.1  低价买入+风险防护，不以撤离应对股市低迷本杰明·格雷厄姆有“华尔街教父”的美誉。代表作品有《证券分析》、《聪明的投资者》等。他认为世上本没有一夜暴富的方法，往往最简单的方法就是最好的方法。他建议投资者应该持有正确的态度，相信常识的判断，为自己着想。一个投资者必须既具备良好的企业分析判断能力，又具备一种能把自己的思想行为和那些在市场上盘旋的情绪隔绝开来的理性能力，才能取得投资成功。1936年，华尔街再度陷入低迷，对于大多数投资者而言，即将面对又一轮的严峻考验。此时格雷厄姆并未像其他投资者一样陷入一片悲观之中，而是充分运用股票投资分析方法去搜寻值得投资的股票。他不重视以个股过去的表现来预测证券市场的未来走势或个股未来的展望，而主要以股票市值是否低于其内在价值作为判断标准，特别是那些低于其清算价值的股票更是他关注的重点。格雷厄姆在股市低迷期为格雷厄姆纽曼公司购入大量的低价股，而且格雷厄姆像1929年股市大崩溃之前一样，对各项投资均采取了各种避险措施，这次他将资产保护得更周全。格雷厄姆一方面采取分散投资的方法规避风险，另一方面是投资于优先股，利用优先股再获得低利率的融资，同时又可获得约半成的股利，而普通股并不保证有股利，从而达到规避风险的目的。格雷厄姆的这些投资策略和投资技巧既表现出了对持续低潮的抗跌能力，又表现出了在弱市中的获利能力。在股市开始反转时，格雷厄姆在股市低迷期购入大量低价股，由此获得了巨大的回报。在1936年至1941年之间，虽然股市总体来讲呈下跌趋势，但格雷厄姆纽曼公司在此期间的年平均投资回报率大大超过了同时期的标普股票表现，同时期的标普股票平均亏损0.6%。拉长时间线来看，格雷厄姆从1936年到1956年，记录的投资收益率，年均不低于14.7％，可以跻身于华尔街有史以来最佳的长期收益率之列。5.2  投资名言1）牛市是普通投资者亏损的主要原因。2）买股票是买一宗生意的一部分。3）市场总是在过度兴奋和过度悲观间摇摆，智慧的投资者是从过度悲观的人那里买来，卖给过度兴奋的人。4）你自己的表现远比证券的表现本身更能影响投资收益。5）对股票价格要斤斤计较，要像超市购物，不要像买化妆品。6）上涨的股票风险增加而不是减少，下跌的股票风险减少而不是增加。7）在牛市时很难见到上市公司手持现金超过股价，但熊市时这种机会比想象的要多，要抓住。8）投资者与投机者最实际的区别在于他们对股市运动的态度上：投机者的兴趣主要在参与市场波动并从中谋取利润，投资者的兴趣主要在以适当的价格取得和持有适当的股票。9）一般的投资者认为，为了规避投资风险，最好是从股市上撤离，斩仓出局。但撤离股市并不是股市低迷时期的最好应对方法。6、彼得·林奇如何度过至暗时刻6.1  拒绝被恐惧支配的抛售彼得·林奇是一位卓越的股票投资家和证券基金经理。从1977年到1990年，彼得·林奇管理麦哲伦基金13年，创造了一个投资奇迹和神话。麦哲伦基金管理的资产规模由2000万美元成长至140亿美元，基金的持有人超过100万人，是当时全球资产管理金额最大的共同基金。林奇管理的麦哲伦基金，13年里年化复合收益率高达29%。但1987年10月19日这天，麦哲伦基金的资产净值损失了18%，损失高达20亿美元。恐慌之下，投资者争相赎回，导致麦哲伦基金的赎回份额在10月高达13亿，而买入的份额仅有6.89亿。他在《彼得·林奇的成功投资》一书中，记录了1987年股灾时的心路历程：“在那一时刻，我真的不能确定，到底是到了世界末日，还是我们即将陷入一场严重的经济大萧条，又或者是事情并没有变得那么糟糕”。林奇总结说，这场股灾让自己汲取了很多教训：一是投资者应该忽视股票市场的起起落落。如果你在股市暴跌中绝望地卖出股票，那么你的卖出价格往往会非常之低。二是即使很恐慌，也应该保持清醒，不应该一下抛售那么多，而是应该逐步减持，这样才能最终获得比那些由于恐慌而将股票全部抛出的投资人更高的投资回报。三是最终优秀的公司将会胜利，而普通公司将会失败，投资于这两类完全不同的公司的投资者也将会相应得到完全不同的回报。事实也证明确实如此。到1988年6月时，市场已经反弹了400多点，回升了23%。如果在1987年10月时卖出，损失可谓惨痛。6.2  投资名言1）股市的崩盘，犹如科罗拉多州1月暴风雪一样寻常。如果你有所准备，就不会对你造成多大影响。股市大跌其实是一个买入股票的大好机会，那时惊恐万分的投资者们纷纷抛售股票，股价自然很低了，你就可以趁机挑选很多便宜的股票。2）通常，在几个月甚至几年内公司业绩与股票价格无关。但长期而言，两者之间100％相关。这个差别是赚钱的关键，要耐心并持有好股票。3）每个人都有头脑在股市赚钱。但是并不是每个人都有这样的胆魄。如果你很容易在股市恐慌的时候抛售股票，你应该远离股市和基金。4）当你投资短期的时候，你只能赚到90%，当你投资长期时，你可以赚十倍。5）股市波动的历史规律告诉我们，所有的大跌都会过去，股市永远会涨得更高。历史经验还表明，股市大跌其实是释放风险，创造投资的一次好机会，能以很低的价格买入那些很优秀的公司股票。6）情绪可能是一个真正的业绩杀手，市场下跌容易让你在恐慌中抛售，或者市场暴涨容易让你贪婪地抢购高估的股票。7）股灾发生的真实原因，无论从历史经验来看，还是从市盈率、股息收益率等统计指标来看，当时的市场都涨得太过头了。8）人们只记住了股灾的时候股市在两个月的时间里猛跌了1000点，其中一半还是在一天之内跌掉的，却忘记了股灾发生之前的9个月里，股市上涨了不止1000点。7、约翰·邓普顿如何度过至暗时刻7.1 逆向投资之路约翰·邓普顿与乔治·索罗斯、彼得·林奇、沃伦·巴菲特并列全球四大传奇投资人，被美国《福布斯》杂志称为“全球投资之父”。作为上个世纪最著名的逆向投资者，邓普顿的投资方法被总结为，“在大萧条的低点买入，在疯狂非理性的高点抛出，并在这两者间游刃有余”。他在全球范围内梳理、寻求已经触底但又具有优秀远景的国家以及行业，投资标的都是被大众忽略的企业。作为逆向价值投资者，邓普顿相信，完全被忽视的股票是最让人心动的便宜货——尤其是那些投资者们都尚未研究的股票。从零到一，从一到一百，他经常把低进高出发挥到极致，在“最大悲观点”时进行逆势投资。1937年，是大萧条最低迷的时候，邓普顿成立了自己的公司——Templeton，Dobbrow & Vance（TDV）。1939年，在大萧条与战争的双重恐怖气氛中，36岁的邓普顿依靠1万美元的借款购买了104家公司，各100股股票。几年后，整个投资组合的价值大幅回升，其中100家公司的成功为邓普顿赚得第一桶金。到1967年，他的管理规模已经超过4亿美元。邓普顿创立了全球最大最成功的邓普顿共同基金集团，而且，他的基金公司从不雇用销售人员，完全依靠投资表现来吸引顾客。1992年，他管理的资产已经高达220亿美元。全球范围内梳理、寻求已经触底但又具有优秀远景的国家以及行业。20世纪60年代到70年代，邓普顿是第一批到日本投资的美国基金经理之一。他以较低的价格买进日本股票，抢在其他投资者之前抓住了机会，在他买进后，日本股市一路蹿升。后来，他发觉日本的股市被高估了，在1988年就对股东们说，日本的股市将会缩水50%，甚至更多。与此同时他又发现了新的投资机会，重投美国。7.2  投资名言1）街头溅血是买入的最佳时机。2）牛市在悲观中诞生，在怀疑中成长，在乐观中成熟，在兴奋中死亡。3）即使周围的人都在抛售，你也不用跟随，因为卖出的最好时机是在股市崩溃之前，而并非之后。4）你应该检视自己的投资组合，卖出现有股票的惟一理由，是有更具吸引力的股票，如没有，便应该继续持有手上的股票。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3028,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9081647965,"gmtCreate":1650242474557,"gmtModify":1676534676041,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081647965","repostId":"9089053500","repostType":1,"repost":{"id":9089053500,"gmtCreate":1649936713317,"gmtModify":1676534610528,"author":{"id":"4100909900193040","authorId":"4100909900193040","name":"EraGrowth_Wealth","avatar":"https://community-static.tradeup.com/news/c22fad1649443d817dea3cbc957a1314","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4100909900193040","idStr":"4100909900193040"},"themes":[],"title":"$41 bn all-cash Bid, 3 KeyPoints on Elon Musk's Ambitious to Twitter","htmlText":"It is a pity that Musk is not qualified to run for the US president, because he was born in South Africa. Joking Here. On April 14th, Elon Musk offers to buy 100% of&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a>&nbsp; for $54.20 per share in an all-cash deal. Elon Musk Letter to Chairman: \"I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over","listText":"It is a pity that Musk is not qualified to run for the US president, because he was born in South Africa. Joking Here. On April 14th, Elon Musk offers to buy 100% of&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a>&nbsp; for $54.20 per share in an all-cash deal. Elon Musk Letter to Chairman: \"I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over","text":"It is a pity that Musk is not qualified to run for the US president, because he was born in South Africa. Joking Here. On April 14th, Elon Musk offers to buy 100% of $Twitter(TWTR)$ for $54.20 per share in an all-cash deal. Elon Musk Letter to Chairman: \"I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over","images":[{"img":"https://community-static.tradeup.com/news/b624b594ed9b17845d8f97c38489ac52","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/662063105c5ebc19ad66e96d120b2dad","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/b5396091f773bef1e52f490c7c83b437","width":"632","height":"331"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089053500","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2684,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038909631,"gmtCreate":1646705025841,"gmtModify":1676534153056,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038909631","repostId":"1198510306","repostType":2,"repost":{"id":"1198510306","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1646696733,"share":"https://ttm.financial/m/news/1198510306?lang=en_US&edition=fundamental","pubTime":"2022-03-08 07:45","market":"sh","language":"zh","title":"Last Night and This Morning | The Nasdaq fell into a bear market! European Stocks Into Bear as Energy Prices Surge","url":"https://stock-news.laohu8.com/highlight/detail?id=1198510306","media":"老虎资讯综合","summary":"摘要：①美股周一大幅收跌，标普跌近3%，纳指跌超3%跌入熊市；②商品期货再度大涨，伦镍一度暴涨近80%；③第三轮俄乌谈判无实质结果，停火磋商将继续进行；④、欧盟计划今年将对俄罗斯天然气的依赖程度降低近","content":"<p><html><head></head><body>Abstract: ① U.S. stocks closed sharply on Monday, with S&P falling nearly 3%, and Nasdaq falling more than 3% into a bear market; ② Commodity futures rose again, and Lun Nickel once soared by nearly 80%; ③ There is no substantive result in the third round of Russia-Ukraine negotiations, and the ceasefire consultations will continue; ④ The EU plans to reduce its dependence on Russian natural gas by nearly 80% this year. Overseas markets</p><p>1. Closing: Conflict situation and inflation worries pressured U.S. stocks to close down the Dow dropped 800 points</p><p>U.S. stocks closed sharply lower on Monday, with the S&P falling nearly 3%, the biggest decline in more than a year, the Dow falling nearly 800 points, and the Nasdaq falling more than 3%, falling into a bear market, all hitting a one-year low. The Dow fell 2.37%, the Nasdaq fell 3.62% and the S&P 500 fell 2.95%.</p><p>2. Most popular Chinese stocks closed lower on Monday<a href=\"https://laohu8.com/S/NIU\">Mavericks Electric</a>Down nearly 17%<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>Dropped more than 8%</p><p>Most popular Chinese stocks closed lower on Monday, with Mavericks Electric falling nearly 17%, and the financial report showed that Q4 net profit fell 18% year-on-year;<a href=\"https://laohu8.com/S/LAIX\">Fluency theory</a>It fell by over 17%, and Bilibili fell by over 8%; New energy vehicle stocks are lower,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It fell nearly 8%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>fell by more than 5%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars fell more than 2%.</p><p><a href=\"https://laohu8.com/S/SPI\">Solar Impulse</a>It rose by more than 28%,<a href=\"https://laohu8.com/S/KXIN\">Happy car</a>It rose by more than 21%, and education together rose by more than 10%,<a href=\"https://laohu8.com/S/NTES\">Netease</a>Youdao rose by more than 8%,<a href=\"https://laohu8.com/S/WIMI\">Micro-holography</a>rose by more than 6%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>rose by more than 4%,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It rose by more than 3%.</p><p>3. U.S. or boycott Russian crude oil U.S. WTI crude oil closed 3.2% higher</p><p>Crude oil futures prices have been supported as countries such as the United States and Britain consider banning the import of Russian oil. West Texas Intermediate (WTI) crude oil for April delivery rose $3.72, or 3.2%, to close at $119.40 a barrel on the New York Mercantile Exchange. On a near-month contract basis, it was the highest closing price since September 2008, according to FactSet data. Last week, WTI crude oil rose 26.30% cumulatively.</p><p>4. Brent was once close to $140 The possibility of a Russian oil embargo raises crisis fears</p><p>Oil prices posted their biggest daily swing ever, surging to nearly $140 earlier before falling back as the United States said it was considering a ban on Russian crude imports, exacerbating the possibility of tight supplies.</p><p>Brent oil retreated to around $121. Such oil price levels are heightening fears of a major inflationary shock to the global economy. The Biden administration is considering whether to ban Russian oil imports, at least initially, without European allies participating, people familiar with the matter said. Germany said it had no plans to suspend imports of Russian energy, adding to the volatility in the market.</p><p>5. Gold futures closed 1.5% higher on Monday and once broke through the $2,000 mark in intraday session</p><p>Gold futures closed higher on Monday and hit their highest close since August 2020. The conflict between Russia and Ukraine has escalated again, causing risk aversion to rise, pushing the price of gold futures to break through the $2,000 per ounce mark on Monday.</p><p>Gold futures for April delivery on the New York Mercantile Exchange rose $29.30, or 1.5%, to close at $1995.90 an ounce, after rising to $2007.50 an ounce during the session.</p><p>6. European stocks fall into bear market amid surging energy prices</p><p>European stocks fell to their lowest level in a year, with the DAX and the euro zone's Stoxx 50 index closing bear markets as soaring oil prices raised fears that high inflation would hurt economic growth.</p><p>The DAX closed down 2% to its lowest level since November 2020, cumulatively down 21% from a record high in January. The euro zone's Stoxx 50 index closed down 1.2%, also closing in a bear market.</p><p>7. European natural gas prices soared 79%. Market chaos pushed prices to new records</p><p>Europe's benchmark natural gas futures surged 79% to the equivalent of more than $600 a barrel of crude oil, amid the most chaotic trading conditions on record. A surge could trigger massive margin calls, prompting businesses to buy exchange contracts to avoid paying cash, which in turn causes futures prices to soar further.</p><p>Related to the Russia-Ukraine situation</p><p>1. The ceasefire negotiations in the third round of Russia-Ukraine negotiations will continue without substantive results</p><p>After the third round of Russian-Ukrainian negotiations, a member of the Ukrainian delegation said that consultations with Russia on a ceasefire and cessation of hostilities would continue, and that there is still no substantive result on related issues so far. Podolyak, an adviser to the Ukrainian presidential office, also said that the third round of Russia-Ukraine talks failed to achieve results that could substantially improve the situation.</p><p>Mezinsky, head of the Russian delegation, said that Russia hopes that the humanitarian corridor will start operating from tomorrow, and Ukraine has given guarantees to this. Russia's desired goal for talks with Ukraine in Brest Oblast fell short.</p><p>2. The impact of the Russia-Ukraine war has been shown on food shelves in many countries. Worries about the global food crisis are heating up</p><p>The impact of Russia's military campaign in Ukraine on global crop markets has been seen on store shelves.</p><p>A video of people scrambling for lower-priced sunflower seed oil in a store caused buzz amid a rush to buy over the weekend in Turkey amid fears of soaring sunflower oil prices; Some supermarket chain websites are out of stock</p><p>In Egypt, the world's largest importer of wheat, the price of some unsubsidized bread has risen sharply over the past week due to higher costs; In the Greater Cairo area, a pack of five slices of noodles costs about 7.50 Egyptian pounds ($0.48), compared to 5 Egyptian pounds a week ago.</p><p>3. The conflict between Ukraine and Russia subverts the global shipping industry, and shipping rates may rise by two to three times</p><p>The Ukraine-Russia war threatens to upend the global shipping industry, which is recovering from the COVID-19 pandemic. Maersk (AMKBY.US), the largest marine container group, and Mediterranean Shipping have suspended business bookings to and from Russia as sanctions begin to have an impact on trade.</p><p>Glenn Koepke of FourKites, a supply chain consultancy, said shipping rates could even rise two to three times from the current price of $10,000 per 40-foot container.</p><p>International macro</p><p>1. The EU plans to reduce its dependence on Russian gas by nearly 80% this year</p><p>The European Commission is plotting a path to ending its reliance on Russian gas, which could lead to a nearly 80% reduction in import demand this year, according to two officials familiar with the matter. To weaken the Kremlin's leverage, the European Commission revised its energy strategy after Russian President Vladimir Putin launched a military campaign against Ukraine. The plan, which will be submitted Tuesday, includes finding new sources of natural gas and improving energy efficiency, with the goal of weaning itself from Russia well before 2030, an official said.</p><p>2. Members of the U.S. House and Senate reach agreement on the outline of a bill to sanction Russia</p><p>Four top leaders of the U.S. Senate and House of Representatives issued a statement that they have reached an agreement on the outline of the bill sanctioning Russia, saying they will work together to draft bills suspending normal trade relations with Russia and Belarus and authorizing the Biden administration to raise tariffs for both countries.</p><p>3. Russian gold was shut out of the London market. The certification qualifications of all gold smelters were suspended</p><p>The London Gold and Silver Market Association on Monday said it suspended all six Russian gold and silver smelters as merit deliverers following sanctions imposed on Russia by the United States, the European Union and the United Kingdom. Products manufactured by these businesses prior to the eligibility suspension will still be accepted.</p><p>Britain will \"gradually\" wean itself from Russian oil and gas, Prime Minister says</p><p>British Prime Minister Boris Johnson has said Britain will \"gradually\" wean itself from Russian oil and gas in the face of tensions between Russia and Ukraine. He also called on Western countries to work together to secure energy alternatives.</p><p>After meeting with Canadian Prime Minister Trudeau and Dutch Prime Minister Rutte on the same day, Johnson said that Britain will formulate a new energy supply strategy in the coming days, noting that Britain is considering using more of its own fossil fuels. But he also stressed that Britain has not abandoned its commitment to reduce carbon emissions.</p><p>5. The problem of eating is imminent. The EU may consider relaxing the import ban of genetically modified grains and herbicide-related crops</p><p>As the world's major crude oil and grain producers are in turmoil, the European Union, which insists on high standards on rations imports, is also starting to worry about eating.</p><p>The European Union may consider temporarily lifting its ban on imports of genetically modified grains from the United States and South America to help farmers navigate the chaotic times ahead, Spanish Agriculture Minister Luis Planas was quoted as saying by media on Monday. Spain and France have also proposed exemptions for those who have used herbicides<a href=\"https://laohu8.com/S/000061\">Agricultural Products</a>Imports, mainly to increase stocks and to find alternative supply channels for important grains, mainly corn, which are also a major source of animal feed.</p><p>Company News</p><p>1、<a href=\"https://ttm.financial/NW/1133636608\" target=\"_blank\">Uber Raises Q1 Outlook: Consumers Eager to Get Back Around</a></p><p>Uber reportedly raised its first-quarter 2022 results forecast as pandemic-impacted travel demand rebounded faster than expected. At one point, Uber shares were up about 2% in premarket trading on March 7. Meanwhile, shares of rival Lyft are up more than 2%.</p><p>Uber said in a filing with the U.S. Securities and Exchange Commission (SEC) that it now expects its adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) to be between $130 million and $150 million in the first quarter of this year, higher than the previous estimate of between $100 million and $130 million.</p><p>2、<a href=\"https://ttm.financial/NW/1185303476\" target=\"_blank\">Intel's self-driving business unit Mobileye secretly submits IPO application</a></p><p>According to reports, Intel Corporation announced on March 7 that Mobileye, its autonomous vehicle business unit, has secretly submitted a draft Form S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of new Mobileye shares. At present, the number and price of new shares to be offered have not been determined. The IPO date will take place after the SEC completes its evaluation process, and the exact timing will also depend on the market and other conditions.</p><p>3、<a href=\"https://ttm.financial/NW/2217544945\" target=\"_blank\">Tesla Most Bulls: Berlin 'Gigafactory' Approved The Stock's Biggest Suspense Clear</a></p><p>Dan Ives, a well-known Tesla bull and analyst at investment bank Wedbush, said in a note to investors on March 6th that it is crucial for Tesla to get the Berlin \"Gigafactory\" approved for production.</p><p>\"The Tesla stock 'biggest suspense' has been removed after German authorities said Tesla could start production at its new factory in Berlin,\" Ives wrote.</p><p>4、<a href=\"https://ttm.financial/NW/2217448301\" target=\"_blank\">Wedbush: Spring conference coming soon gives Apple an \"outperform\" rating</a></p><p>Apple will hold its 2022 Spring Conference at 10 a.m. local time on March 8 (2 a.m. Beijing time on March 9). It is widely expected to launch a new iPhone SE with 5G capabilities, as well as a new iPad Air and Mac using its M-series chips. Wedbush Securities believes that all of the above products will become \"popular products\" for Apple. Wedbush analyst Dan Ives has an \"outperform\" rating on Apple with a $200 price target.</p><p>5、<a href=\"https://ttm.financial/NW/2217415574\" target=\"_blank\">Coal giant Peabody plunged more than 24% at one point and was forced to add a large margin call as coal prices soared</a></p><p>On Monday, March 7th, Peabody Energy, the world's largest private coal company, once plunged by more than 24% in the US stock market, falling sharply from the nearly three-year high since mid-May 2019 set last Friday, nearly erasing all the gains in the month.</p><p>That's largely due to the company's announcement that, with<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>A financing arrangement was entered into, with the latter providing a $150 million unsecured multi-drawable credit facility to support \"potential liquidity needs in the near term\" for Peabody, whose coal mines are mainly located in the United States and Australia.</p><p>6、<a href=\"https://ttm.financial/NW/2217541424\" target=\"_blank\">Refuse to follow the trend! Uniqlo's founder says it will continue to operate in Russia</a></p><p>After the escalation of the Russia-Ukraine conflict, while Western countries imposed sanctions on Russia, large European and American enterprises also withdrew from the country. While waves of companies have opted out of the Russian market, others have refused to follow suit and insisted on continuing to operate their operations in Russia.</p><p>7、<a href=\"https://ttm.financial/NW/2217344063\" target=\"_blank\">Buffett talks about increasing holdings of Occidental Petroleum: $4.5 billion invested in five days, buy as much as you can</a></p><p><a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Warren Buffett, chairman of Hathaway, disclosed in an interview Monday that he recently made a big increase in his holdings<a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>The story of the company's shares said that he spent $4.5 billion in five trading days last week to buy 91.2 million shares, worth more than $5 billion at the current share price.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Last Night and This Morning | The Nasdaq fell into a bear market! European Stocks Into Bear as Energy Prices Surge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast Night and This Morning | The Nasdaq fell into a bear market! European Stocks Into Bear as Energy Prices Surge\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-03-08 07:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Abstract: ① U.S. stocks closed sharply on Monday, with S&P falling nearly 3%, and Nasdaq falling more than 3% into a bear market; ② Commodity futures rose again, and Lun Nickel once soared by nearly 80%; ③ There is no substantive result in the third round of Russia-Ukraine negotiations, and the ceasefire consultations will continue; ④ The EU plans to reduce its dependence on Russian natural gas by nearly 80% this year. Overseas markets</p><p>1. Closing: Conflict situation and inflation worries pressured U.S. stocks to close down the Dow dropped 800 points</p><p>U.S. stocks closed sharply lower on Monday, with the S&P falling nearly 3%, the biggest decline in more than a year, the Dow falling nearly 800 points, and the Nasdaq falling more than 3%, falling into a bear market, all hitting a one-year low. The Dow fell 2.37%, the Nasdaq fell 3.62% and the S&P 500 fell 2.95%.</p><p>2. Most popular Chinese stocks closed lower on Monday<a href=\"https://laohu8.com/S/NIU\">Mavericks Electric</a>Down nearly 17%<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>Dropped more than 8%</p><p>Most popular Chinese stocks closed lower on Monday, with Mavericks Electric falling nearly 17%, and the financial report showed that Q4 net profit fell 18% year-on-year;<a href=\"https://laohu8.com/S/LAIX\">Fluency theory</a>It fell by over 17%, and Bilibili fell by over 8%; New energy vehicle stocks are lower,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It fell nearly 8%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>fell by more than 5%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars fell more than 2%.</p><p><a href=\"https://laohu8.com/S/SPI\">Solar Impulse</a>It rose by more than 28%,<a href=\"https://laohu8.com/S/KXIN\">Happy car</a>It rose by more than 21%, and education together rose by more than 10%,<a href=\"https://laohu8.com/S/NTES\">Netease</a>Youdao rose by more than 8%,<a href=\"https://laohu8.com/S/WIMI\">Micro-holography</a>rose by more than 6%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>rose by more than 4%,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It rose by more than 3%.</p><p>3. U.S. or boycott Russian crude oil U.S. WTI crude oil closed 3.2% higher</p><p>Crude oil futures prices have been supported as countries such as the United States and Britain consider banning the import of Russian oil. West Texas Intermediate (WTI) crude oil for April delivery rose $3.72, or 3.2%, to close at $119.40 a barrel on the New York Mercantile Exchange. On a near-month contract basis, it was the highest closing price since September 2008, according to FactSet data. Last week, WTI crude oil rose 26.30% cumulatively.</p><p>4. Brent was once close to $140 The possibility of a Russian oil embargo raises crisis fears</p><p>Oil prices posted their biggest daily swing ever, surging to nearly $140 earlier before falling back as the United States said it was considering a ban on Russian crude imports, exacerbating the possibility of tight supplies.</p><p>Brent oil retreated to around $121. Such oil price levels are heightening fears of a major inflationary shock to the global economy. The Biden administration is considering whether to ban Russian oil imports, at least initially, without European allies participating, people familiar with the matter said. Germany said it had no plans to suspend imports of Russian energy, adding to the volatility in the market.</p><p>5. Gold futures closed 1.5% higher on Monday and once broke through the $2,000 mark in intraday session</p><p>Gold futures closed higher on Monday and hit their highest close since August 2020. The conflict between Russia and Ukraine has escalated again, causing risk aversion to rise, pushing the price of gold futures to break through the $2,000 per ounce mark on Monday.</p><p>Gold futures for April delivery on the New York Mercantile Exchange rose $29.30, or 1.5%, to close at $1995.90 an ounce, after rising to $2007.50 an ounce during the session.</p><p>6. European stocks fall into bear market amid surging energy prices</p><p>European stocks fell to their lowest level in a year, with the DAX and the euro zone's Stoxx 50 index closing bear markets as soaring oil prices raised fears that high inflation would hurt economic growth.</p><p>The DAX closed down 2% to its lowest level since November 2020, cumulatively down 21% from a record high in January. The euro zone's Stoxx 50 index closed down 1.2%, also closing in a bear market.</p><p>7. European natural gas prices soared 79%. Market chaos pushed prices to new records</p><p>Europe's benchmark natural gas futures surged 79% to the equivalent of more than $600 a barrel of crude oil, amid the most chaotic trading conditions on record. A surge could trigger massive margin calls, prompting businesses to buy exchange contracts to avoid paying cash, which in turn causes futures prices to soar further.</p><p>Related to the Russia-Ukraine situation</p><p>1. The ceasefire negotiations in the third round of Russia-Ukraine negotiations will continue without substantive results</p><p>After the third round of Russian-Ukrainian negotiations, a member of the Ukrainian delegation said that consultations with Russia on a ceasefire and cessation of hostilities would continue, and that there is still no substantive result on related issues so far. Podolyak, an adviser to the Ukrainian presidential office, also said that the third round of Russia-Ukraine talks failed to achieve results that could substantially improve the situation.</p><p>Mezinsky, head of the Russian delegation, said that Russia hopes that the humanitarian corridor will start operating from tomorrow, and Ukraine has given guarantees to this. Russia's desired goal for talks with Ukraine in Brest Oblast fell short.</p><p>2. The impact of the Russia-Ukraine war has been shown on food shelves in many countries. Worries about the global food crisis are heating up</p><p>The impact of Russia's military campaign in Ukraine on global crop markets has been seen on store shelves.</p><p>A video of people scrambling for lower-priced sunflower seed oil in a store caused buzz amid a rush to buy over the weekend in Turkey amid fears of soaring sunflower oil prices; Some supermarket chain websites are out of stock</p><p>In Egypt, the world's largest importer of wheat, the price of some unsubsidized bread has risen sharply over the past week due to higher costs; In the Greater Cairo area, a pack of five slices of noodles costs about 7.50 Egyptian pounds ($0.48), compared to 5 Egyptian pounds a week ago.</p><p>3. The conflict between Ukraine and Russia subverts the global shipping industry, and shipping rates may rise by two to three times</p><p>The Ukraine-Russia war threatens to upend the global shipping industry, which is recovering from the COVID-19 pandemic. Maersk (AMKBY.US), the largest marine container group, and Mediterranean Shipping have suspended business bookings to and from Russia as sanctions begin to have an impact on trade.</p><p>Glenn Koepke of FourKites, a supply chain consultancy, said shipping rates could even rise two to three times from the current price of $10,000 per 40-foot container.</p><p>International macro</p><p>1. The EU plans to reduce its dependence on Russian gas by nearly 80% this year</p><p>The European Commission is plotting a path to ending its reliance on Russian gas, which could lead to a nearly 80% reduction in import demand this year, according to two officials familiar with the matter. To weaken the Kremlin's leverage, the European Commission revised its energy strategy after Russian President Vladimir Putin launched a military campaign against Ukraine. The plan, which will be submitted Tuesday, includes finding new sources of natural gas and improving energy efficiency, with the goal of weaning itself from Russia well before 2030, an official said.</p><p>2. Members of the U.S. House and Senate reach agreement on the outline of a bill to sanction Russia</p><p>Four top leaders of the U.S. Senate and House of Representatives issued a statement that they have reached an agreement on the outline of the bill sanctioning Russia, saying they will work together to draft bills suspending normal trade relations with Russia and Belarus and authorizing the Biden administration to raise tariffs for both countries.</p><p>3. Russian gold was shut out of the London market. The certification qualifications of all gold smelters were suspended</p><p>The London Gold and Silver Market Association on Monday said it suspended all six Russian gold and silver smelters as merit deliverers following sanctions imposed on Russia by the United States, the European Union and the United Kingdom. Products manufactured by these businesses prior to the eligibility suspension will still be accepted.</p><p>Britain will \"gradually\" wean itself from Russian oil and gas, Prime Minister says</p><p>British Prime Minister Boris Johnson has said Britain will \"gradually\" wean itself from Russian oil and gas in the face of tensions between Russia and Ukraine. He also called on Western countries to work together to secure energy alternatives.</p><p>After meeting with Canadian Prime Minister Trudeau and Dutch Prime Minister Rutte on the same day, Johnson said that Britain will formulate a new energy supply strategy in the coming days, noting that Britain is considering using more of its own fossil fuels. But he also stressed that Britain has not abandoned its commitment to reduce carbon emissions.</p><p>5. The problem of eating is imminent. The EU may consider relaxing the import ban of genetically modified grains and herbicide-related crops</p><p>As the world's major crude oil and grain producers are in turmoil, the European Union, which insists on high standards on rations imports, is also starting to worry about eating.</p><p>The European Union may consider temporarily lifting its ban on imports of genetically modified grains from the United States and South America to help farmers navigate the chaotic times ahead, Spanish Agriculture Minister Luis Planas was quoted as saying by media on Monday. Spain and France have also proposed exemptions for those who have used herbicides<a href=\"https://laohu8.com/S/000061\">Agricultural Products</a>Imports, mainly to increase stocks and to find alternative supply channels for important grains, mainly corn, which are also a major source of animal feed.</p><p>Company News</p><p>1、<a href=\"https://ttm.financial/NW/1133636608\" target=\"_blank\">Uber Raises Q1 Outlook: Consumers Eager to Get Back Around</a></p><p>Uber reportedly raised its first-quarter 2022 results forecast as pandemic-impacted travel demand rebounded faster than expected. At one point, Uber shares were up about 2% in premarket trading on March 7. Meanwhile, shares of rival Lyft are up more than 2%.</p><p>Uber said in a filing with the U.S. Securities and Exchange Commission (SEC) that it now expects its adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) to be between $130 million and $150 million in the first quarter of this year, higher than the previous estimate of between $100 million and $130 million.</p><p>2、<a href=\"https://ttm.financial/NW/1185303476\" target=\"_blank\">Intel's self-driving business unit Mobileye secretly submits IPO application</a></p><p>According to reports, Intel Corporation announced on March 7 that Mobileye, its autonomous vehicle business unit, has secretly submitted a draft Form S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of new Mobileye shares. At present, the number and price of new shares to be offered have not been determined. The IPO date will take place after the SEC completes its evaluation process, and the exact timing will also depend on the market and other conditions.</p><p>3、<a href=\"https://ttm.financial/NW/2217544945\" target=\"_blank\">Tesla Most Bulls: Berlin 'Gigafactory' Approved The Stock's Biggest Suspense Clear</a></p><p>Dan Ives, a well-known Tesla bull and analyst at investment bank Wedbush, said in a note to investors on March 6th that it is crucial for Tesla to get the Berlin \"Gigafactory\" approved for production.</p><p>\"The Tesla stock 'biggest suspense' has been removed after German authorities said Tesla could start production at its new factory in Berlin,\" Ives wrote.</p><p>4、<a href=\"https://ttm.financial/NW/2217448301\" target=\"_blank\">Wedbush: Spring conference coming soon gives Apple an \"outperform\" rating</a></p><p>Apple will hold its 2022 Spring Conference at 10 a.m. local time on March 8 (2 a.m. Beijing time on March 9). It is widely expected to launch a new iPhone SE with 5G capabilities, as well as a new iPad Air and Mac using its M-series chips. Wedbush Securities believes that all of the above products will become \"popular products\" for Apple. Wedbush analyst Dan Ives has an \"outperform\" rating on Apple with a $200 price target.</p><p>5、<a href=\"https://ttm.financial/NW/2217415574\" target=\"_blank\">Coal giant Peabody plunged more than 24% at one point and was forced to add a large margin call as coal prices soared</a></p><p>On Monday, March 7th, Peabody Energy, the world's largest private coal company, once plunged by more than 24% in the US stock market, falling sharply from the nearly three-year high since mid-May 2019 set last Friday, nearly erasing all the gains in the month.</p><p>That's largely due to the company's announcement that, with<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>A financing arrangement was entered into, with the latter providing a $150 million unsecured multi-drawable credit facility to support \"potential liquidity needs in the near term\" for Peabody, whose coal mines are mainly located in the United States and Australia.</p><p>6、<a href=\"https://ttm.financial/NW/2217541424\" target=\"_blank\">Refuse to follow the trend! Uniqlo's founder says it will continue to operate in Russia</a></p><p>After the escalation of the Russia-Ukraine conflict, while Western countries imposed sanctions on Russia, large European and American enterprises also withdrew from the country. While waves of companies have opted out of the Russian market, others have refused to follow suit and insisted on continuing to operate their operations in Russia.</p><p>7、<a href=\"https://ttm.financial/NW/2217344063\" target=\"_blank\">Buffett talks about increasing holdings of Occidental Petroleum: $4.5 billion invested in five days, buy as much as you can</a></p><p><a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Warren Buffett, chairman of Hathaway, disclosed in an interview Monday that he recently made a big increase in his holdings<a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>The story of the company's shares said that he spent $4.5 billion in five trading days last week to buy 91.2 million shares, worth more than $5 billion at the current share price.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{"SQQQ":"纳指三倍做空ETF",".SPX":"S&P 500 Index","QQQ":"纳指100ETF","QID":"两倍做空纳斯达克指数ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares",".DJI":"道琼斯","03086":"华夏纳指","BK4550":"红杉资本持仓","TQQQ":"纳指三倍做多ETF","BK4561":"索罗斯持仓",".IXIC":"NASDAQ Composite","QLD":"2倍做多纳斯达克100指数ETF-ProShares","BK4534":"瑞士信贷持仓"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198510306","content_text":"摘要：①美股周一大幅收跌，标普跌近3%，纳指跌超3%跌入熊市；②商品期货再度大涨，伦镍一度暴涨近80%；③第三轮俄乌谈判无实质结果，停火磋商将继续进行；④、欧盟计划今年将对俄罗斯天然气的依赖程度降低近80%。海外市场1、收盘：冲突局势与通胀忧虑施压 美股收跌道指下挫800点美股周一大幅收跌，标普跌近3%创逾一年最大跌幅，道指跌近800点，纳指跌超3%、跌入熊市，均创一年新低。道指跌2.37%，纳指跌3.62%，标普500指数跌2.95%。2、热门中概股周一收盘大多走低 小牛电动跌近17% 哔哩哔哩跌超8%热门中概股周一收盘大多走低，小牛电动跌近17%，财报显示Q4净利润同比下降18%；流利说跌超17%，哔哩哔哩跌超8%；新能源汽车股走低，小鹏汽车跌近8%，理想汽车跌超5%，蔚来汽车跌超2%。阳光动力涨超28%，开心汽车涨超21%，一起教育涨超10%，网易有道涨超8%，微美全息涨超6%，好未来涨超4%，高途涨超3%。3、美或抵制俄国原油 美国WTI原油收高3.2%由于美英等国考虑禁止进口俄罗斯石油，原油期货价格得到支撑。纽约商品交易所4月交割的西德克萨斯中质原油（WTI）上涨3.72美元，涨幅为3.2%，收于每桶119.40美元。FactSet数据显示，按照近月合约计算，这是自2008年9月以来的最高收盘价。上周WTI原油累计上涨26.30%。4、布伦特一度接近140美元 俄罗斯石油禁运的可能性引发危机担忧石油价格创有史以来最大单日波幅，早前一度飙升至近140美元的水平，之后回落，因美国表示正在考虑禁止进口俄罗斯原油，加剧了供应紧张的可能性。布伦特油价回落至121美元左右。这样的油价水平正在加剧全球经济遭遇重大通胀冲击的担忧。知情人士称，拜登政府正在考虑至少在初期是否在欧洲盟友不参与的情况下禁止进口俄罗斯石油。德国表示，没有暂停进口俄罗斯能源的计划，加剧了市场的波动。5、黄金期货周一收高1.5% 盘中一度突破2000美元关口黄金期货周一收高并创2020年8月以来的最高收盘价。俄乌冲突再度升级，令避险情绪高涨，推动周一黄金期货价格一度突破每盎司2000美元关口。纽约商品交易所4月交割的黄金期货价格上涨29.30美元，涨幅1.5%，收于每盎司1995.90美元，盘中一度上涨至每盎司2007.50美元。6、欧洲股市在能源价格飙升之际跌入熊市欧洲股市跌至一年来的最低水平，DAX指数和欧元区斯托克50指数收盘进入熊市，因为油价飙升引发了高通胀将损伤经济增长的担忧。DAX指数收盘下跌2％，至2020年11月以来的最低水平，从1月份的创纪录高位累计下跌21％。欧元区斯托克50指数收盘下跌1.2％，也收于熊市。7、欧洲天然气价格飙升79% 市场一片混乱推动价格刷新纪录欧洲基准天然气期货飙升79%，达到相当于每桶原油超过600美元，市场出现了有史以来最为混乱的交易状况。飙升可能引发大规模的追加保证金，促使企业购买交易所合约以避免支付现金，进而导致期货价格进一步飙升。俄乌局势相关1、第三轮俄乌谈判无实质结果 停火磋商将继续进行第三轮俄乌谈判结束后，乌克兰代表团的一名成员表示，与俄罗斯关于停火和停止敌对行动的磋商将继续进行，相关问题到目前仍没有实质性结果。乌克兰总统办公室顾问波多利亚克也表示，俄乌第三轮会谈没取得能实质改善局势的结果。俄罗斯代表团团长梅津斯基则表示，俄方希望人道主义走廊从明天开始运行，乌克兰方面对此给予了保证。俄罗斯对与乌克兰在布列斯特州会谈的预期目标未能实现。2、俄乌战争的影响已在多国食品货架上显现 全球粮食危机忧虑升温俄罗斯在乌克兰开展军事行动给全球农作物市场带来的冲击已在商店货架上显现。由于担心葵花籽油价格飙升，土耳其周末期间出现抢购，民众在一家商店争抢较低价葵花籽油的视频引起热议；部分连锁超市网站缺货在全球最大的小麦进口国埃及，由于成本走高，过去一周部分未受补贴的面包价格大幅上涨；在大开罗地区，一包五片面饼的售价约为7.5埃及镑（0.48美元），而一周前为5埃及镑。3、乌俄冲突颠覆全球航运业 海运费率或将上涨两至三倍乌俄战争有可能颠覆正从新冠肺炎疫情中复苏的全球航运业。随着制裁开始对贸易产生影响，最大的海运集装箱集团马士基（AMKBY.US）和Mediterranean Shipping已经暂停了往返俄罗斯的业务预订。供应链咨询公司FourKites的格伦•克普克表示，海运费率甚至可能从目前每40英尺集装箱1万美元的价格上涨两到三倍。国际宏观1、欧盟计划今年将对俄罗斯天然气的依赖程度降低近80%据两位知情官员透露，欧盟委员会正在规划结束对俄罗斯天然气依赖的路径，这可能导致今年进口需求减少近80%。为削弱克里姆林宫方面的筹码，欧盟委员会在俄罗斯总统普京发动对乌克兰的军事行动后修改能源战略。一位官员表示，这份计划将于周二提交，内容包括寻找新的天然气来源和提高能源效率，目标是远早于2030年摆脱对俄罗斯的依赖。2、美国参众两院议员就制裁俄罗斯的法案大纲达成协议美国参议院和众议院四位高层领导人发表声明，已就制裁俄罗斯的法案大纲达成协议，表示将共同起草法案，暂停与俄罗斯和白俄罗斯的正常贸易关系，并授权拜登政府提高面向两国的关税。3、俄罗斯黄金被伦敦市场拒之门外 所有黄金冶炼商的认证资格均被暂停伦敦金银市场协会周一表示，在美国、欧盟和英国对俄罗斯实施制裁后，该协会暂停了所有六家俄罗斯金银冶炼企业的优良交货商资格。这些企业在资格暂停之前生产的产品仍将被接受。4、英首相表示英国将“逐步”摆脱对俄罗斯石油和天然气的依赖英国首相鲍里斯·约翰逊表示，面对俄乌两国之间的紧张局势，英国将要“逐步”摆脱对俄罗斯石油和天然气的依赖。他同时呼吁西方各国要共同努力确保能源替代方案。约翰逊当天在与加拿大总理特鲁多和荷兰首相吕特会晤之后表示，英国将在未来几天制定新的能源供应战略，并指出英国正在考虑使用更多自己的化石燃料。但他同时强调，英国并没有放弃减少碳排放的承诺。5、吃饭问题迫在眉睫 欧盟或考虑放宽转基因谷物和涉除草剂作物进口禁令随着全球主要原油和粮食产地卷入动荡，在口粮进口问题上坚持高标准的欧盟也开始担忧起吃饭问题。据媒体周一援引西班牙农业大臣路易斯·普拉纳斯(Luis Planas)称，欧盟可能会考虑临时取消从美国和南美进口转基因谷物的禁令，帮助农民度过眼下这段混乱的时光。西班牙和法国也已经提议豁免使用过除草剂的农产品进口，主要是为了增加库存以及寻找以玉米为主的重要谷物替代供应渠道，这些产品也是动物饲料的主要来源。公司新闻1、Uber调高第一季度业绩预期：消费者渴望重新出行据报道，Uber上调了2022年第一季度业绩预期，原因是疫情影响的出行需求的反弹速度快于预期。3月7日盘前交易中，Uber股价一度上涨约 2%。与此同时，竞争对手Lyft的股价也上涨了2%以上。Uber在提交给美国证券交易委员会（SEC）的文件中称，现预计，今年第一季度调整后的EBITDA（息税折旧及摊销前利润） 将在1.3亿美元至1.5亿美元之间，高于之前预期的1亿美元至1.3亿美元之间。2、英特尔自动驾驶业务部门Mobileye秘密提交IPO申请据报道，英特尔公司3月7日宣布，旗下自动驾驶汽车业务部门Mobileye已向美国证券交易委员会（SEC）秘密提交Form S-1注册声明草案，拟首次公开发行（IPO）Mobileye新股。目前，新股发售数量和价格尚未确定。IPO日期将在SEC完成评估程序后进行，具体时间还要取决于市场和其他条件。3、特斯拉大多头：柏林“超级工厂”获批 该股最大悬念被清除特斯拉知名大多头、投行Wedbush分析师Dan Ives于3月6日在给投资者的一份报告中表示，柏林“超级工厂”获批生产对特斯拉来说至关重要。Ives写道，“在德国当局表示特斯拉可以在柏林的新工厂开始生产后，特斯拉股票‘最大悬念’已经被消除。”4、Wedbush：春季发布会即将召开 予苹果“跑赢大盘”评级苹果将于当地时间3月8日上午10点（北京时间3月9日凌晨2点）举办2022年春季发布会。市场普遍预计它将推出具有5G功能的新款iPhone SE，以及使用其M系列芯片的新iPad Air和Mac。Wedbush Securities认为，以上所有产品将成为苹果的“受欢迎产品”。Wedbush分析师Dan Ives予苹果“跑赢大盘”评级，目标价为200美元。5、煤炭巨头皮博迪一度暴跌超24%，被迫在煤价飙升时追加大额保证金3月7日周一，全球最大的私营煤炭公司皮博迪能源在美股市场一度暴跌超24%，从上周五所创的2019年5月中旬以来近三年高位大幅回落，接近抹去月内全部涨幅。这主要是由于公司发布公告称，与高盛达成一项融资安排，后者提供1.5亿美元的无担保可多次提取信贷额度，以支持煤矿主要位于美国和澳大利亚的皮博迪公司“近期内潜在的流动性需求”。6、拒绝跟风！优衣库创始人称将继续在俄经营业务俄乌冲突升级以后，西方国家对俄罗斯采取制裁措施的同时，欧美大型企业也纷纷从该国撤离。尽管一波又一波的公司选择退出俄罗斯市场，但也有公司拒绝跟风，坚持继续运营在俄罗斯的业务。7、巴菲特谈增持西方石油：五天投了45亿美元，能买多少买多少伯克希尔哈撒韦公司董事长沃伦-巴菲特在周一的一次采访中披露了他最近大手笔增持西方石油公司股份的经过，称他在上周五个交易日内豪掷45亿美元，买入了9120万股，按当前股价计算价值超过了50亿美元。","news_type":1,"symbols_score_info":{"03086":0.9,"NQmain":0.9,"PSQ":0.9,"SQQQ":0.9,"QLD":0.9,".DJI":0.9,".SPX":0.9,"MNQmain":0.9,".IXIC":0.9,"QQQ":0.9,"QID":0.9,"TQQQ":0.9}},"isVote":1,"tweetType":1,"viewCount":3773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096732943,"gmtCreate":1644458339571,"gmtModify":1676533929312,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096732943","repostId":"1130668023","repostType":2,"repost":{"id":"1130668023","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1644451115,"share":"https://ttm.financial/m/news/1130668023?lang=en_US&edition=fundamental","pubTime":"2022-02-10 07:58","market":"sh","language":"zh","title":"Last night and this morning | No fear of CPI! U.S. stocks continue to explode","url":"https://stock-news.laohu8.com/highlight/detail?id=1130668023","media":"老虎资讯综合","summary":"摘要：①欧美股市集体收涨，纳指涨2.08%，中概股普涨；②黄金创两周来最高收盘价；③伦铝进一步逼近历史高位；④美通胀数据呼之欲出，或成美联储是否加息50个基点的线索。海外市场1、欧美股市集体收涨！科技","content":"<p><html><head></head><body>Abstract: ① European and American stock markets closed up collectively, Nasdaq rose by 2.08%, and Chinese stocks rose generally; ② Gold hit the highest closing price in two weeks; ③ Lun aluminum is further approaching the historical high; ④ The US inflation data is about to come out, or it may become a clue whether the Federal Reserve has a rate hike of 50 basis points. Overseas markets</p><p>1. European and American stock markets closed up collectively! Tech stocks are strong, Nasdaq rises more than 2%</p><p>The three major U.S. stock indexes closed higher collectively. The selloff in U.S. bonds paused, with the yield on 10-year U.S. bonds, which approached 2% on Tuesday, temporarily leaving its high in more than two years, easing some of the pressure on technology stocks and giving a respite to markets that have been hit hard in recent weeks by fears of tighter monetary policy.</p><p>By the close, the Dow closed up 0.86%, the Nasdaq up 2.08% and the S&P 500 up 1.45%.</p><p>Mega-cap U.S. tech stocks mostly rose, with shares of Meta rising 5.4%, posting their biggest one-day gain since April 29, 2021,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>And Netflix rose by more than 2%,<a href=\"https://laohu8.com/S/GOOG\">Google</a>Parent company Alphabet rose 1.6%,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>up 0.83%,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>closed up nearly 1.1%, only<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>It was down slightly by 0.14%.</p><p>2. Popular Chinese concept stocks closed up on Wednesday, new energy automobile stocks and education stocks rose sharply</p><p><a href=\"https://laohu8.com/S/DDL\">Ding dong shopping for groceries</a>Up nearly 22%,<a href=\"https://laohu8.com/S/IQ\">iQIYI</a>It rose by more than 13%,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>rose by more than 6%,<a href=\"https://laohu8.com/S/SOHU\">SOHU</a>、<a href=\"https://laohu8.com/S/NTES\">Netease</a>rose by more than 4%,<a href=\"https://laohu8.com/S/JD\">Jingdong</a>Ctrip rose nearly 4%,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/BEST\">BEST GROUP</a>It rose more than 2%.</p><p>In the Education Unit,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It rose by more than 12%,<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>rose by more than 4%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>Up nearly 3%; Among new energy vehicle stocks,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It rose by more than 9%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars rose by more than 5%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up nearly 4%.</p><p>3. European stocks collectively closed higher, and the major stock indexes all rose by more than 1%</p><p>Germany's DAX30 index rose 1.59%, France's CAC40 index rose 1.46%,<a href=\"https://laohu8.com/S/VUKE.UK\">FTSE 100 UK</a>The index rose 1.12%, Spain's IBEX35 index rose 1.96%, Italy's FTSE MIB index rose 2.66% and Europe's Stoxx 50 index rose 1.82%.</p><p>4. Gold futures closed 0.5% higher on Wednesday, the highest closing price in two weeks</p><p>Gold recorded gains for the fourth straight session as the pullback in the dollar and US Treasury Bond yields boosted the attractiveness of the safe-haven metal.</p><p>Adam Koos, president of Libertas Wealth Management Group, said the dollar clearly has long-and short-term links to inflation, and its volatility could explain the volatility of metal prices. He pointed out that investors are waiting for the U.S. Consumer Price Index (CPI) report to be released on Thursday.</p><p>Gold futures for April delivery on the New York Mercantile Exchange rose $8.70, or 0.5%, to close at $1,836.60 an ounce, the highest closing price since Jan. 26.</p><p>5. U.S. WTI crude oil futures closed 0.3% higher on Wednesday</p><p>Michael Hewson, chief market analyst at CMC Markets UK, said the resumption of indirect talks between the US and Iran could \"lead to recent weakness in crude oil prices\", but the two countries are \"still a long way from any agreement that could lead to new crude supplies.\"</p><p>West Texas Intermediate (WTI) crude oil futures for March delivery rose 30 cents, or 0.3%, to close at $89.66 per barrel on the New York Mercantile Exchange, reaching an intraday high of $90.58 per barrel. WTI crude oil futures closed down 2.2% on Tuesday.</p><p>6. Multinational bonds rise as central bank policymakers try to dispel aggressive rate hike bets</p><p>Italy's 10-year Treasury Bond yield ended its seventh consecutive day of rising trend, and the yield of German bonds with the same term once fell by 5 basis points, which is bound to end the longest consecutive increase on record.</p><p>Francois Villeroy de Galhau, president of the French central bank, said investors perceived a hawkish turn at the ECB and they may have overreacted.</p><p>Huw Pill, chief economist of the Bank of England, called for reasonable monetary policy measures, and expressed concern about taking exceptionally radical measures to tighten them. Since then, the UK's 2-year Treasury Bond-the bond most sensitive to policy changes-has held its rally.</p><p>Yields fell 3 basis points to 1.30%, pulling back from a more than 10-year high hit on Tuesday.</p><p>7. Lun Aluminum further approaches the historical high Lun Copper breaks through the $10,000 mark</p><p>Industrial metals rose across the board, and Lun Aluminum kept its rise for several days, further approaching the historical high set in 2008, but the rise was slightly lower than Lun Copper, which rose by nearly 3% and broke through the $10,000 mark for the first time in four weeks.</p><p>Gold futures, supported by the drop in U.S. dollar and U.S. bond yields, rose for four consecutive days to a three-week high.</p><p>International macro</p><p>1. Federal Reserve Mester: Support rate hike faster than the last cycle</p><p>Loretta Mester, president of the Cleveland Fed, said it would be appropriate to expect a faster rate hike because inflation has risen significantly and the labor market is much tighter than in 2015.</p><p>\"Inflation remains subject to upside risks,\" but the number and pace of the Fed's rate hike will \"depend on the economic situation,\" Mester said in a prepared speech at a video seminar hosted by the European Economic and Financial Center. She reiterated her support for a rate hike in March.</p><p>2. Bostic of the Federal Reserve: There may be more than three rate hike this year, but it depends on how the economy reacts</p><p>ATLANTA Fed President Raphael Bostic said Wednesday that he expects to rate hike three or four times this year, but stressed that the Fed has not locked in specific plans.</p><p>Bostic's rate hike view is less aggressive than the market expects. \"On the rate hike side, I now expect three this year,\" he said. \"I'm kind of leaning towards four times, but also to see how the economy reacts as we take our first policy steps in the first half of the year.\"</p><p>3. Blockbuster inflation data is about to come out or reveal clues about whether the Federal Reserve may rate hike 50 basis points</p><p>One of the most important figures to be released ahead of the Fed's March meeting will be the January Consumer Price Index (CPI) released on Thursday. Federal Reserve Chairman Jerome Powell's already hinted that the March meeting will kick-start a rate hike.</p><p>January CPI is expected to rise 7.2% year-over-year, which would be the biggest increase since 1982. That could prompt the Fed to consider rate hike 50 basis points for the first time since 2000, rather than the customary practice of adding 25 basis points.</p><p>4. U.S. lawmakers say they reached a framework agreement on 2022 spending bill</p><p>Key Republicans and Democrats in the U.S. Congress have taken an important step in the direction of year-round funding for the federal government.</p><p>They reached an agreement on a broad framework that would allow it to add details in the coming weeks and in turn adopt a fiscal spending package that could reach $1.5 trillion in size.</p><p>5. Not just senior Fed officials, but also U.S. lawmakers' ban on buying and selling stocks is expected to vote within the year</p><p>Remember the new trading rules of the Federal Reserve prohibiting the buying and selling of individual stocks and bonds against \"its own people\" after a series of \"stock speculation\" storms by senior Fed officials last year? Probably in the near future, U.S. Congressmen and relatives may also become a ban on stocks.</p><p>According to CNBC news on Wednesday, with House Speaker Pelosi's attitude changing and Senate Majority Leader Schumer expressing support for the ban, the bill to ban U.S. lawmakers and relatives from trading stocks is expected to make substantial progress.</p><p>6. Bank reserves in the \"early\" stage of quantitative tightening of the Federal Reserve may fall by $500 billion at the highest</p><p><a href=\"https://laohu8.com/S/BAC\">Bank of America</a>It is pointed out that as the Federal Reserve begins to quantitatively tighten, the liquidity withdrawal may first be reflected in allowing banks to reduce excess reserves, and the rate of reserve decline is expected to be faster than the rate of use of the Federal Reserve's overnight reverse repurchase tool.</p><p>Mark Cabana and Katie Craig wrote in their Feb. 9 report that the process has already begun, with bank reserves likely to be reduced by $250-500 billion in the early days of quantitative tightening.</p><p>7. U.S. used car prices hit new highs, but the tightest supply chain period may be behind us</p><p>America's biggest car<a href=\"https://laohu8.com/S/300959\">Online and offline</a>The Manheim Used Vehicle Value Index, owned by (O2O) trading platform Cox Automotive, was roughly flat in early January this year compared with last December, up only 0.04% month-on-month.</p><p>This index tracks the wholesale price of used cars for sale purchased by U.S. car dealers, as well as the type of used vehicle purchased by the dealer and the mileage traveled. The latest data sends a heavy signal that U.S. used car prices, which have surged over the past year, are leveling off, according to the analysis.</p><p>8. The chief economist of the Bank of England hinted that the central bank would not sell British bonds soon</p><p>Bank of England chief economist Huw Pill dampened market expectations that the central bank will soon start selling off the UK Treasury Bond once interest rates reach 1%.</p><p>Speaking to the Society of Professional Economists on Wednesday, Pill said: \"The 1% rate is not a trigger point. It's just a factor to consider.\"</p><p>Company News</p><p>1、<a href=\"https://ttm.financial/NW/1104459137\" target=\"_blank\">ARM Most Likely to List on Nasdaq: Will Deal a Major Blow to London</a></p><p>Analysts say this will have a significant impact on the UK government and<a href=\"https://laohu8.com/S/LSE.UK\">London Stock Exchange</a>Deal a major blow.</p><p>Yesterday,<a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a>(NVIDIA) and SoftBank Group jointly announced that they have decided to terminate the previous acquisition of ARM. After the deal was scrapped, SoftBank plans to take ARM public by March 2023. SoftBank CEO Masayoshi Son said today that ARM may be listed on NASDAQ in the United States, not in the United Kingdom.</p><p>Son Zhengyi said: \"Regarding where ARM will be listed, the United States is the market we are considering, most likely Nasdaq. But no matter where it is, the United States is the place we look forward to where ARM will be listed.\"</p><p>2、<a href=\"https://ttm.financial/NW/2210552817\" target=\"_blank\">For the third time in this month! Tesla has recalled another 26,681 vehicles</a></p><p>Tesla said it has not identified any injuries or accidents related to the recall, but NHTSA said that in some cases, Tesla vehicles may have reduced windshield visibility, which will increase the risk of a vehicle being involved in a collision.</p><p>There aren't many options left for investors. First, investors should pay attention to the recall data, and rightly so. Beyond that, investors should also have a better understanding of the overall quality of the vehicle. Quality is good or bad enough to change market share and share price in the long run. Fortunately, the tracking of vehicle quality is not at a loss.</p><p>3、<a href=\"https://ttm.financial/NW/2210155121\" target=\"_blank\">Samsung releases new products of Galaxy S22 series, which will be available worldwide on the 25th</a></p><p>The Galaxy S22 series is still three models, namely S22, S22+ and S22 Ultra. The S22 and S22+ feature a 6.1-inch and 6.6-inch straight screen design, respectively, and the S22 Ultra features a 6.8-inch curved screen with 2K ultra-high resolution. The S22 Ultra is the first product in the S series with a built-in stylus \"S Pen\", which follows the Note series design.</p><p>4、<a href=\"https://ttm.financial/NW/2210055927\" target=\"_blank\">Intel CEO: Expect tight chip supply to continue throughout 2023</a></p><p>Intel (INTC.O) CEO Pat Gelsinger said the company expects chip supply to remain tight until at least the end of 2023, before the supply situation improves in 2025-2030, when Intel and other manufacturers will increase their wafer factory output to meet growing demand and updates to technology.</p><p>5、<a href=\"https://ttm.financial/NW/2210639695\" target=\"_blank\">Centennial Disney Revenue Up 34% YoY, Shares Surge 8% After Hours</a></p><p>According to the financial report, boosted by Disney's theme park and resort business, Disney's revenue in the first fiscal quarter was 21.82 billion US dollars, higher than analysts' expectation of 20.91 billion US dollars. Its streaming service Disney + added nearly 12 million new subscribers to 129.8 million subscribers, again ahead of analyst expectations of 125.75 million.</p><p>6、<a href=\"https://laohu8.com/NW/2210563013\" target=\"_blank\">Uber Q4 earnings beat expectations, shares rise more than 5% after hours</a></p><p>On February 9th (Wednesday), Eastern Time, after the US stock market closed,<a href=\"https://laohu8.com/S/UBER\">Uber</a>Announced fourth quarter and full year 2021 results. According to the financial report, Uber's Q4 revenue was US$5.778 billion, a year-on-year increase of 83% from US$3.165 billion in the same period of last year, and the market expected US$5.357 billion; Net profit attributable to the company was US$892 million, compared with a loss of US$968 million in the same period of last year, and the market expected loss of US$682 million; Diluted earnings per share were $0.44, compared to a loss of $0.54 in the prior-year quarter and the market expectation for a loss of $0.36.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Last night and this morning | No fear of CPI! U.S. stocks continue to explode</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast night and this morning | No fear of CPI! U.S. stocks continue to explode\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-02-10 07:58</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Abstract: ① European and American stock markets closed up collectively, Nasdaq rose by 2.08%, and Chinese stocks rose generally; ② Gold hit the highest closing price in two weeks; ③ Lun aluminum is further approaching the historical high; ④ The US inflation data is about to come out, or it may become a clue whether the Federal Reserve has a rate hike of 50 basis points. Overseas markets</p><p>1. European and American stock markets closed up collectively! Tech stocks are strong, Nasdaq rises more than 2%</p><p>The three major U.S. stock indexes closed higher collectively. The selloff in U.S. bonds paused, with the yield on 10-year U.S. bonds, which approached 2% on Tuesday, temporarily leaving its high in more than two years, easing some of the pressure on technology stocks and giving a respite to markets that have been hit hard in recent weeks by fears of tighter monetary policy.</p><p>By the close, the Dow closed up 0.86%, the Nasdaq up 2.08% and the S&P 500 up 1.45%.</p><p>Mega-cap U.S. tech stocks mostly rose, with shares of Meta rising 5.4%, posting their biggest one-day gain since April 29, 2021,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>And Netflix rose by more than 2%,<a href=\"https://laohu8.com/S/GOOG\">Google</a>Parent company Alphabet rose 1.6%,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>up 0.83%,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>closed up nearly 1.1%, only<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>It was down slightly by 0.14%.</p><p>2. Popular Chinese concept stocks closed up on Wednesday, new energy automobile stocks and education stocks rose sharply</p><p><a href=\"https://laohu8.com/S/DDL\">Ding dong shopping for groceries</a>Up nearly 22%,<a href=\"https://laohu8.com/S/IQ\">iQIYI</a>It rose by more than 13%,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>rose by more than 6%,<a href=\"https://laohu8.com/S/SOHU\">SOHU</a>、<a href=\"https://laohu8.com/S/NTES\">Netease</a>rose by more than 4%,<a href=\"https://laohu8.com/S/JD\">Jingdong</a>Ctrip rose nearly 4%,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/BEST\">BEST GROUP</a>It rose more than 2%.</p><p>In the Education Unit,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It rose by more than 12%,<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>rose by more than 4%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>Up nearly 3%; Among new energy vehicle stocks,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It rose by more than 9%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars rose by more than 5%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up nearly 4%.</p><p>3. European stocks collectively closed higher, and the major stock indexes all rose by more than 1%</p><p>Germany's DAX30 index rose 1.59%, France's CAC40 index rose 1.46%,<a href=\"https://laohu8.com/S/VUKE.UK\">FTSE 100 UK</a>The index rose 1.12%, Spain's IBEX35 index rose 1.96%, Italy's FTSE MIB index rose 2.66% and Europe's Stoxx 50 index rose 1.82%.</p><p>4. Gold futures closed 0.5% higher on Wednesday, the highest closing price in two weeks</p><p>Gold recorded gains for the fourth straight session as the pullback in the dollar and US Treasury Bond yields boosted the attractiveness of the safe-haven metal.</p><p>Adam Koos, president of Libertas Wealth Management Group, said the dollar clearly has long-and short-term links to inflation, and its volatility could explain the volatility of metal prices. He pointed out that investors are waiting for the U.S. Consumer Price Index (CPI) report to be released on Thursday.</p><p>Gold futures for April delivery on the New York Mercantile Exchange rose $8.70, or 0.5%, to close at $1,836.60 an ounce, the highest closing price since Jan. 26.</p><p>5. U.S. WTI crude oil futures closed 0.3% higher on Wednesday</p><p>Michael Hewson, chief market analyst at CMC Markets UK, said the resumption of indirect talks between the US and Iran could \"lead to recent weakness in crude oil prices\", but the two countries are \"still a long way from any agreement that could lead to new crude supplies.\"</p><p>West Texas Intermediate (WTI) crude oil futures for March delivery rose 30 cents, or 0.3%, to close at $89.66 per barrel on the New York Mercantile Exchange, reaching an intraday high of $90.58 per barrel. WTI crude oil futures closed down 2.2% on Tuesday.</p><p>6. Multinational bonds rise as central bank policymakers try to dispel aggressive rate hike bets</p><p>Italy's 10-year Treasury Bond yield ended its seventh consecutive day of rising trend, and the yield of German bonds with the same term once fell by 5 basis points, which is bound to end the longest consecutive increase on record.</p><p>Francois Villeroy de Galhau, president of the French central bank, said investors perceived a hawkish turn at the ECB and they may have overreacted.</p><p>Huw Pill, chief economist of the Bank of England, called for reasonable monetary policy measures, and expressed concern about taking exceptionally radical measures to tighten them. Since then, the UK's 2-year Treasury Bond-the bond most sensitive to policy changes-has held its rally.</p><p>Yields fell 3 basis points to 1.30%, pulling back from a more than 10-year high hit on Tuesday.</p><p>7. Lun Aluminum further approaches the historical high Lun Copper breaks through the $10,000 mark</p><p>Industrial metals rose across the board, and Lun Aluminum kept its rise for several days, further approaching the historical high set in 2008, but the rise was slightly lower than Lun Copper, which rose by nearly 3% and broke through the $10,000 mark for the first time in four weeks.</p><p>Gold futures, supported by the drop in U.S. dollar and U.S. bond yields, rose for four consecutive days to a three-week high.</p><p>International macro</p><p>1. Federal Reserve Mester: Support rate hike faster than the last cycle</p><p>Loretta Mester, president of the Cleveland Fed, said it would be appropriate to expect a faster rate hike because inflation has risen significantly and the labor market is much tighter than in 2015.</p><p>\"Inflation remains subject to upside risks,\" but the number and pace of the Fed's rate hike will \"depend on the economic situation,\" Mester said in a prepared speech at a video seminar hosted by the European Economic and Financial Center. She reiterated her support for a rate hike in March.</p><p>2. Bostic of the Federal Reserve: There may be more than three rate hike this year, but it depends on how the economy reacts</p><p>ATLANTA Fed President Raphael Bostic said Wednesday that he expects to rate hike three or four times this year, but stressed that the Fed has not locked in specific plans.</p><p>Bostic's rate hike view is less aggressive than the market expects. \"On the rate hike side, I now expect three this year,\" he said. \"I'm kind of leaning towards four times, but also to see how the economy reacts as we take our first policy steps in the first half of the year.\"</p><p>3. Blockbuster inflation data is about to come out or reveal clues about whether the Federal Reserve may rate hike 50 basis points</p><p>One of the most important figures to be released ahead of the Fed's March meeting will be the January Consumer Price Index (CPI) released on Thursday. Federal Reserve Chairman Jerome Powell's already hinted that the March meeting will kick-start a rate hike.</p><p>January CPI is expected to rise 7.2% year-over-year, which would be the biggest increase since 1982. That could prompt the Fed to consider rate hike 50 basis points for the first time since 2000, rather than the customary practice of adding 25 basis points.</p><p>4. U.S. lawmakers say they reached a framework agreement on 2022 spending bill</p><p>Key Republicans and Democrats in the U.S. Congress have taken an important step in the direction of year-round funding for the federal government.</p><p>They reached an agreement on a broad framework that would allow it to add details in the coming weeks and in turn adopt a fiscal spending package that could reach $1.5 trillion in size.</p><p>5. Not just senior Fed officials, but also U.S. lawmakers' ban on buying and selling stocks is expected to vote within the year</p><p>Remember the new trading rules of the Federal Reserve prohibiting the buying and selling of individual stocks and bonds against \"its own people\" after a series of \"stock speculation\" storms by senior Fed officials last year? Probably in the near future, U.S. Congressmen and relatives may also become a ban on stocks.</p><p>According to CNBC news on Wednesday, with House Speaker Pelosi's attitude changing and Senate Majority Leader Schumer expressing support for the ban, the bill to ban U.S. lawmakers and relatives from trading stocks is expected to make substantial progress.</p><p>6. Bank reserves in the \"early\" stage of quantitative tightening of the Federal Reserve may fall by $500 billion at the highest</p><p><a href=\"https://laohu8.com/S/BAC\">Bank of America</a>It is pointed out that as the Federal Reserve begins to quantitatively tighten, the liquidity withdrawal may first be reflected in allowing banks to reduce excess reserves, and the rate of reserve decline is expected to be faster than the rate of use of the Federal Reserve's overnight reverse repurchase tool.</p><p>Mark Cabana and Katie Craig wrote in their Feb. 9 report that the process has already begun, with bank reserves likely to be reduced by $250-500 billion in the early days of quantitative tightening.</p><p>7. U.S. used car prices hit new highs, but the tightest supply chain period may be behind us</p><p>America's biggest car<a href=\"https://laohu8.com/S/300959\">Online and offline</a>The Manheim Used Vehicle Value Index, owned by (O2O) trading platform Cox Automotive, was roughly flat in early January this year compared with last December, up only 0.04% month-on-month.</p><p>This index tracks the wholesale price of used cars for sale purchased by U.S. car dealers, as well as the type of used vehicle purchased by the dealer and the mileage traveled. The latest data sends a heavy signal that U.S. used car prices, which have surged over the past year, are leveling off, according to the analysis.</p><p>8. The chief economist of the Bank of England hinted that the central bank would not sell British bonds soon</p><p>Bank of England chief economist Huw Pill dampened market expectations that the central bank will soon start selling off the UK Treasury Bond once interest rates reach 1%.</p><p>Speaking to the Society of Professional Economists on Wednesday, Pill said: \"The 1% rate is not a trigger point. It's just a factor to consider.\"</p><p>Company News</p><p>1、<a href=\"https://ttm.financial/NW/1104459137\" target=\"_blank\">ARM Most Likely to List on Nasdaq: Will Deal a Major Blow to London</a></p><p>Analysts say this will have a significant impact on the UK government and<a href=\"https://laohu8.com/S/LSE.UK\">London Stock Exchange</a>Deal a major blow.</p><p>Yesterday,<a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a>(NVIDIA) and SoftBank Group jointly announced that they have decided to terminate the previous acquisition of ARM. After the deal was scrapped, SoftBank plans to take ARM public by March 2023. SoftBank CEO Masayoshi Son said today that ARM may be listed on NASDAQ in the United States, not in the United Kingdom.</p><p>Son Zhengyi said: \"Regarding where ARM will be listed, the United States is the market we are considering, most likely Nasdaq. But no matter where it is, the United States is the place we look forward to where ARM will be listed.\"</p><p>2、<a href=\"https://ttm.financial/NW/2210552817\" target=\"_blank\">For the third time in this month! Tesla has recalled another 26,681 vehicles</a></p><p>Tesla said it has not identified any injuries or accidents related to the recall, but NHTSA said that in some cases, Tesla vehicles may have reduced windshield visibility, which will increase the risk of a vehicle being involved in a collision.</p><p>There aren't many options left for investors. First, investors should pay attention to the recall data, and rightly so. Beyond that, investors should also have a better understanding of the overall quality of the vehicle. Quality is good or bad enough to change market share and share price in the long run. Fortunately, the tracking of vehicle quality is not at a loss.</p><p>3、<a href=\"https://ttm.financial/NW/2210155121\" target=\"_blank\">Samsung releases new products of Galaxy S22 series, which will be available worldwide on the 25th</a></p><p>The Galaxy S22 series is still three models, namely S22, S22+ and S22 Ultra. The S22 and S22+ feature a 6.1-inch and 6.6-inch straight screen design, respectively, and the S22 Ultra features a 6.8-inch curved screen with 2K ultra-high resolution. The S22 Ultra is the first product in the S series with a built-in stylus \"S Pen\", which follows the Note series design.</p><p>4、<a href=\"https://ttm.financial/NW/2210055927\" target=\"_blank\">Intel CEO: Expect tight chip supply to continue throughout 2023</a></p><p>Intel (INTC.O) CEO Pat Gelsinger said the company expects chip supply to remain tight until at least the end of 2023, before the supply situation improves in 2025-2030, when Intel and other manufacturers will increase their wafer factory output to meet growing demand and updates to technology.</p><p>5、<a href=\"https://ttm.financial/NW/2210639695\" target=\"_blank\">Centennial Disney Revenue Up 34% YoY, Shares Surge 8% After Hours</a></p><p>According to the financial report, boosted by Disney's theme park and resort business, Disney's revenue in the first fiscal quarter was 21.82 billion US dollars, higher than analysts' expectation of 20.91 billion US dollars. Its streaming service Disney + added nearly 12 million new subscribers to 129.8 million subscribers, again ahead of analyst expectations of 125.75 million.</p><p>6、<a href=\"https://laohu8.com/NW/2210563013\" target=\"_blank\">Uber Q4 earnings beat expectations, shares rise more than 5% after hours</a></p><p>On February 9th (Wednesday), Eastern Time, after the US stock market closed,<a href=\"https://laohu8.com/S/UBER\">Uber</a>Announced fourth quarter and full year 2021 results. According to the financial report, Uber's Q4 revenue was US$5.778 billion, a year-on-year increase of 83% from US$3.165 billion in the same period of last year, and the market expected US$5.357 billion; Net profit attributable to the company was US$892 million, compared with a loss of US$968 million in the same period of last year, and the market expected loss of US$682 million; Diluted earnings per share were $0.44, compared to a loss of $0.54 in the prior-year quarter and the market expectation for a loss of $0.36.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130668023","content_text":"摘要：①欧美股市集体收涨，纳指涨2.08%，中概股普涨；②黄金创两周来最高收盘价；③伦铝进一步逼近历史高位；④美通胀数据呼之欲出，或成美联储是否加息50个基点的线索。海外市场1、欧美股市集体收涨！科技股强势纳指涨超2%美股三大指数集体收涨。美债抛售潮暂歇，周二逼近2%的10年期美债收益率暂别两年多来高位，这缓解了科技股的部分压力，令近几周因担心货币政策收紧而遭受重创的市场得以喘息。截至收盘，道指收涨0.86%，纳指涨2.08%，标普500指数涨1.45%。美股大型科技股多数上涨，Meta的股价上涨5.4%，创下2021年4月29日以来最大单日涨幅，微软和奈飞涨超2%，谷歌母公司Alphabet上涨了1.6%，苹果上涨0.83%，特斯拉收涨近1.1%，只有亚马逊微跌0.14%。2、热门中概股周三收盘普涨 新能源汽车股、教育股大涨叮咚买菜涨近22%，爱奇艺涨超13%，哔哩哔哩涨超6%，搜狐、网易涨超4%，京东、携程涨近4%，百度、百世集团涨超2%。教育股中，高途涨超12%，新东方涨超4%，好未来涨近3%；新能源汽车股中，小鹏汽车涨超9%，蔚来汽车涨超5%，理想汽车涨近4%。3、欧股集体收涨 主要股指均涨超1%德国DAX30指数涨1.59%，法国CAC40指数涨1.46%，英国富时100指数涨1.12%，西班牙IBEX35指数涨1.96%，意大利富时MIB指数涨2.66%，欧洲斯托克50指数涨1.82%。4、周三黄金期货收高0.5% 创两周来最高收盘价随着美元和美国国债收益率回落提振了避险金属的吸引力，金价连续第四个交易日录得涨幅。Libertas财富管理集团总裁Adam Koos表示，美元显然与通胀有长期和短期的联系，其波动可以解释金属价格的波动。他指出投资者正在等待周四将公布的美国消费者物价指数（CPI）报告。纽约商品交易所4月交割的黄金期货价格上涨8.70美元，涨幅0.5%，收于每盎司1836.60美元，创1月26日以来的最高收盘价。5、美国WTI原油期货周三收高0.3%CMC Markets UK首席市场分析师Michael Hewson表示，美国和伊朗恢复间接谈判可能“导致近期原油价格疲软”，但两国“距离任何可能带来新的原油供应的协议还有很长的路要走。”纽约商品交易所3月交割的西德克萨斯中质原油（WTI）期货价格上涨30美分，涨幅0.3%，收于每桶89.66美元，盘中最高达到每桶90.58美元。周二WTI原油期货收跌2.2%。6、央行决策者试图打消激进的加息押注 多国债券纷纷上扬意大利10年期国债收益率结束了连续第七天走高的态势，同期限德债收益率一度下跌5个基点，势将结束有记录以来最长连涨。法国央行行长Francois Villeroy de Galhau表示，投资者们认为欧洲央行出现鹰派转向，他们可能反应过度了。英国央行首席经济学家Huw Pill呼吁货币政策措施要有理有度，对于采取异常激进的举措来收紧措施表达了担忧，此后英国2年期国债--对于政策变化最为敏感的债券--守住了涨势。收益率下跌3个基点，至1.30%，从周二触及的逾10年高点回落。7、伦铝进一步逼近历史高位 伦铜突破1万美元关口工业金属全线上涨，伦铝保持连日涨势，进一步逼近2008年所创的历史高位，但涨势稍逊伦铜，伦铜涨近3%、四周来首度突破1万美元关口。得到美元和美债收益率回落支持的黄金期货连涨四日，创三周新高。国际宏观1、美联储Mester：支持用比上次周期更快的速度加息克利夫兰联储行长Loretta Mester表示，预计以更快的速度加息将是合适之举，因为跟2015年相比，通胀率显著上升而且劳动力市场偏紧得多。“通胀仍面临上行风险，”但美联储的加息次数和速度将“取决于经济形势发展，”Mester在欧洲经济金融中心主办的视频研讨会上发表事先准备好的演讲称。她重申支持3月加息。2、美联储Bostic：今年可能加息三次以上 但要看经济如何反应美国亚特兰大联储主席Raphael Bostic周三表示，他预计今年将加息三到四次，但强调美联储并未锁定具体计划。Bostic的加息观点不如市场预期的激进。“在加息方面，我现在预计今年有三次，”他说。“我有点倾向于四次，但在我们在今年上半年迈出政策第一步时，还要看看经济会如何反应。”3、重磅通胀数据呼之欲出 或透露美联储是否可能加息50个基点的线索在美联储3月会议前出炉的最重要的数据之一，将是周四发布的1月消费者价格指数（CPI）。美联储主席杰罗姆·鲍威尔已经暗示3月会议将启动加息。1月CPI预计同比上涨7.2%，将是1982年以来最大涨幅。这可能会促使美联储考虑自2000年以来首次加息50个基点，而不是加25个基点的惯例做法。4、美国国会议员称就2022年支出法案达成了框架协议美国国会关键的共和党人和民主党人朝着为联邦政府提供全年资金的方向迈出了重要一步。他们就一个广泛的框架达成协议，从而使其可以在未来几周补充细节，进而通过规模可能达到1.5万亿美元的一揽子财政支出计划。5、不仅仅是美联储高官，美国国会议员买卖股票禁令有望在年内表决还记得去年一连串美联储高官“炒股”风波后美联储针对“自己人”禁止买卖个股和债券的交易新规么？可能在不久的将来，美国国会议员及亲属炒股或将同样成为禁令。据CNBC周三消息称，随着众议院议长佩洛西的态度转变以及参议院多数派领袖舒默对禁令表达支持后，有关禁止美国议员及亲属炒股的议案有望出现实质性进展。6、美联储量化紧缩“早期”阶段银行准备金最高或下降5000亿美元美国银行指出，随着美联储开始量化紧缩，流动性回笼可能首先体现在允许银行减少超额准备金，准备金下降的速度料快于美联储隔夜逆回购工具使用量降速。Mark Cabana和Katie Craig在2月9日的报告中写道，这个过程已经开始，在量化紧缩的早期，银行准备金可能会减少2500-5000亿美元。7、美国二手车价格再创新高，但供应链最紧张时期可能已经过去美国最大汽车线上线下（O2O）交易平台Cox Automotive旗下的曼海姆二手车价值指数（Manheim Used Vehicle Value Index）早今年1月较去年12月基本持平，环比仅上涨0.04%。这一指数追踪美国汽车经销商购买待售二手车的批发价格，以及经销商购买的二手车类型和行驶里程。分析称，最新数据发出了一个重磅信号，即过去一年激增的美国二手车价格正趋于平稳。8、英国央行首席经济学家暗示央行不会很快抛售英债英国央行首席经济学家Huw Pill浇灭了市场对一旦利率达到1%，央行将很快开始抛售英国国债的预期。Pill在周三对Society of Professional Economists发表讲话称：“1%的利率不是触发点。只是一个考虑的因素。”公司新闻1、ARM最可能在纳斯达克上市：将对伦敦造成重大打击分析人士称，这将对英国政府和伦敦证券交易所造成重大打击。昨日，英伟达（NVIDIA）和软银集团联合宣布，双方已决定终止之前达成的收购ARM交易。交易被取消后，软银计划在2023年3月之前让ARM上市。而软银CEO孙正义今日表示，ARM可能在美国纳斯达克上市，而非英国本土。孙正义说：“关于ARM上市地点，美国是我们正在考虑的市场，最有可能的是纳斯达克。但无论在哪里，美国都是我们期待的ARM上市地。”2、本月内第三次！特斯拉又召回了26681辆汽车特斯拉表示，目前还没有发现与此次召回有关的任何伤亡或事故，但NHTSA表示，在某些情况下，特斯拉汽车可能会降低挡风玻璃的可见度，将会增加车辆发生碰撞的风险。留给投资者的选择并不多。首先，投资者应该关注召回数据，这是理所当然的。除此之外，投资者还应该更好地了解车辆的整体质量。从长远来看，质量好坏足以改变市场份额和股价。所幸对车辆质量的追踪并不是无计可施。3、三星发布Galaxy S22系列新品，25日将在全球上市Galaxy S22系列依旧是三款机型，分别是S22、S22+及S22 Ultra。S22和S22+分别采用6.1英寸和6.6英寸直屏设计，S22 Ultra采用6.8英寸曲面屏，采用2K超高分辨率。S22 Ultra是S系列首款内置手写笔“S Pen”的产品，沿袭Note系列设计。4、英特尔CEO：预计芯片供应紧张情况会持续2023年全年英特尔（INTC.O）首席执行官Pat Gelsinger表示，公司预计芯片供应至少到2023年末都将保持紧张，2025-2030年供应形势才会有所好转，届时英特尔和其他制造商的晶圆工厂产量将增加，满足不断增长的需求和向技术的更新换代。5、百年迪士尼营收同比增长34%，盘后股价飙升8%财报显示，受到迪斯尼主题公园和度假区业务的提振，迪士尼第一财季营收为218.2亿美元，高于分析师预期的209.1亿美元。其流媒体服务Disney+订阅用户数新增近1200万用户至1.298亿，同样高于分析师预期1.2575亿。6、优步Q4财报超预期，盘后股价涨逾5%美东时间2月9日（周三）美股盘后，优步公布2021年第四季度及全年业绩。财报显示，优步Q4营收57.78亿美元，较上年同期31.65亿美元同比增长83%，市场预期53.57亿美元；归属于公司净利润8.92亿美元，上年同期亏损9.68亿美元，市场预期亏损6.82亿美元；摊薄每股收益为0.44美元，上年同期亏损为0.54美元，市场预期亏损0.36美元。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9091601815,"gmtCreate":1643847395671,"gmtModify":1676533862494,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091601815","repostId":"2208936459","repostType":2,"isVote":1,"tweetType":1,"viewCount":2908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004909056,"gmtCreate":1642465876690,"gmtModify":1676533712838,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004909056","repostId":"1176644706","repostType":4,"repost":{"id":"1176644706","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1642433272,"share":"https://ttm.financial/m/news/1176644706?lang=en_US&edition=fundamental","pubTime":"2022-01-17 23:27","market":"us","language":"zh","title":"News says NIO expands its lease office in California, or is preparing to start sales in the United States","url":"https://stock-news.laohu8.com/highlight/detail?id=1176644706","media":"老虎资讯综合","summary":"新的美国总部将支持蔚来汽车的研究和数字开发、测试、组装、仓储和运营。","content":"<p><html><head></head><body>It is reported that,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automotive's U.S. subsidiary recently signed a ten-year lease for an office building in San Jose, California, doubling the floor space of its headquarters from the current one, with an expanded office space of nearly 18,580 square meters.</p><p>The lease was brokered by real estate firm Colliers, according to a Mercury News investigation, which noted that the new U.S. headquarters will support research and digital development, testing, assembly, warehousing and operations of Nio vehicles. It was previously reported that Nio North America opened up job postings on LinkedIn for 46 positions, including Head of User Infrastructure Building and Readiness.</p><p><img src=\"https://static.tigerbbs.com/6c3ad3a29ec10b9d0e9777301dc4e23b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>News says NIO expands its lease office in California, or is preparing to start sales in the United States</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNews says NIO expands its lease office in California, or is preparing to start sales in the United States\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-01-17 23:27</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>It is reported that,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automotive's U.S. subsidiary recently signed a ten-year lease for an office building in San Jose, California, doubling the floor space of its headquarters from the current one, with an expanded office space of nearly 18,580 square meters.</p><p>The lease was brokered by real estate firm Colliers, according to a Mercury News investigation, which noted that the new U.S. headquarters will support research and digital development, testing, assembly, warehousing and operations of Nio vehicles. It was previously reported that Nio North America opened up job postings on LinkedIn for 46 positions, including Head of User Infrastructure Building and Readiness.</p><p><img src=\"https://static.tigerbbs.com/6c3ad3a29ec10b9d0e9777301dc4e23b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3380231cb191ca9bea37a0c70765537d","relate_stocks":{"NIO":"蔚来"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176644706","content_text":"据悉，蔚来汽车美国子公司最近签署了一份为期十年的加利福尼亚州圣何塞办公楼租约，将其总部的占地面积相比当前翻了一番，扩租后的办公室将近18,580平米。Mercury News的调查显示，该租约由房地产公司高力（Colliers）促成，该公司指出，新的美国总部将支持蔚来汽车的研究和数字开发、测试、组装、仓储和运营。此前报道称，蔚来北美在LinkedIn上开放了对46个职位的招聘信息，包括用户基础设施建设和准备负责人。","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004900734,"gmtCreate":1642465864220,"gmtModify":1676533712821,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004900734","repostId":"1176644706","repostType":4,"repost":{"id":"1176644706","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1642433272,"share":"https://ttm.financial/m/news/1176644706?lang=en_US&edition=fundamental","pubTime":"2022-01-17 23:27","market":"us","language":"zh","title":"News says NIO expands its lease office in California, or is preparing to start sales in the United States","url":"https://stock-news.laohu8.com/highlight/detail?id=1176644706","media":"老虎资讯综合","summary":"新的美国总部将支持蔚来汽车的研究和数字开发、测试、组装、仓储和运营。","content":"<p><html><head></head><body>It is reported that,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automotive's U.S. subsidiary recently signed a ten-year lease for an office building in San Jose, California, doubling the floor space of its headquarters from the current one, with an expanded office space of nearly 18,580 square meters.</p><p>The lease was brokered by real estate firm Colliers, according to a Mercury News investigation, which noted that the new U.S. headquarters will support research and digital development, testing, assembly, warehousing and operations of Nio vehicles. It was previously reported that Nio North America opened up job postings on LinkedIn for 46 positions, including Head of User Infrastructure Building and Readiness.</p><p><img src=\"https://static.tigerbbs.com/6c3ad3a29ec10b9d0e9777301dc4e23b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>News says NIO expands its lease office in California, or is preparing to start sales in the United States</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNews says NIO expands its lease office in California, or is preparing to start sales in the United States\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-01-17 23:27</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>It is reported that,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automotive's U.S. subsidiary recently signed a ten-year lease for an office building in San Jose, California, doubling the floor space of its headquarters from the current one, with an expanded office space of nearly 18,580 square meters.</p><p>The lease was brokered by real estate firm Colliers, according to a Mercury News investigation, which noted that the new U.S. headquarters will support research and digital development, testing, assembly, warehousing and operations of Nio vehicles. It was previously reported that Nio North America opened up job postings on LinkedIn for 46 positions, including Head of User Infrastructure Building and Readiness.</p><p><img src=\"https://static.tigerbbs.com/6c3ad3a29ec10b9d0e9777301dc4e23b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3380231cb191ca9bea37a0c70765537d","relate_stocks":{"NIO":"蔚来"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176644706","content_text":"据悉，蔚来汽车美国子公司最近签署了一份为期十年的加利福尼亚州圣何塞办公楼租约，将其总部的占地面积相比当前翻了一番，扩租后的办公室将近18,580平米。Mercury News的调查显示，该租约由房地产公司高力（Colliers）促成，该公司指出，新的美国总部将支持蔚来汽车的研究和数字开发、测试、组装、仓储和运营。此前报道称，蔚来北美在LinkedIn上开放了对46个职位的招聘信息，包括用户基础设施建设和准备负责人。","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005431588,"gmtCreate":1642379159368,"gmtModify":1676533705487,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005431588","repostId":"1105926115","repostType":4,"repost":{"id":"1105926115","kind":"news","weMediaInfo":{"introduction":"解密财经，透视真相。为您传递第一手新鲜财经深度报道。","home_visible":1,"media_name":"棱镜","id":"91","head_image":"https://static.tigerbbs.com/ea46042fac2240098d9d976e6d67d6a8"},"pubTimestamp":1642304577,"share":"https://ttm.financial/m/news/1105926115?lang=en_US&edition=fundamental","pubTime":"2022-01-16 11:42","market":"us","language":"zh","title":"He Xiaopeng: The beginning and end of \"Dreamers in the Air\" landing to make cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1105926115","media":"棱镜","summary":"跻身国内顶级企业家群，何小鹏还是没有学会迎合观众期待值去“讲故事”。2021年年底，何小鹏在接受腾讯新闻《财约你》专访时，大多数时间都沉浸在自己所畅想的出行世界中。在专访的最后，《财约你》向他提出了几","content":"<p><html><head></head><body>He Xiaopeng, among the top entrepreneurs in China, still hasn't learned to cater to the audience's expectations to \"tell stories\".</p><p>At the end of 2021, He Xiaopeng accepted<a href=\"https://laohu8.com/S/00700\">Tencent</a>When I interviewed the news \"Financial Approach You\", I spent most of my time immersed in the travel world I imagined. At the end of the interview, \"Finance You\" asked him a few quick questions, and he got stuck when answering them quickly, even if the questions were relatively easy and pleasant.</p><p>\"Join<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>Four years, when was your happiest moment? \" The financial agreement you asked.</p><p>\"I can't remember,\" He Xiaopeng replied.</p><p>\"Among the post-80s entrepreneurs, which one do you like the most, Wang Xing, Zhang Yiming and Huang Zheng?\" Financial Appointment asked again.</p><p>\"It's hard to say.\" He Xiaopeng thought for a second, but he still didn't give an answer.</p><p>It was his usual style. On the one hand, XPeng Automobile launched a high-profile \"aircraft\" and laid out its products in the air, which made the outside world feel that the head of this new car-making force was frivolous and flamboyant; On the other hand, after four years of building cars, He Xiaopeng has never gotten rid of the character traces of product managers. He is introverted and cautious. If he is unsure, he would rather avoid it than talk nonsense.</p><p>2021 was a year for XPeng to hit back, with 98,155 deliveries, surpassing<a href=\"https://laohu8.com/S/NIO\">Nio</a>And ideal, the pattern of \"Wei Xiaoli\", which has been stable for many years by new car-making forces, has become \"Xiao Wei Li\".</p><p>However, with the entry of Huawei and Xiaomi, the strong efforts of traditional car companies,<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The smoke of the automobile industry is rising again. Who can go more steadily and farther in this battlefield? An important factor is the character and pattern of the founder.</p><p>\"Many of the genes of an enterprise come from the genes of the founder. If the founder saves money, the enterprise will also save money.\" He Xiaopeng said, \"I come from a technical background, pursue technological innovation and product differences, and am more pragmatic. I hope these can become a symbol, mind and culture and go global.\"</p><p>With his own name as a brand, He Xiaopeng is deeply tied to XPeng Automobile, which is both prosperous and humiliating. He Xiaopeng told Caiyue You that this represents his attitude and responsibility.</p><p>In August and November 2021, \"Financial About You\" had two in-depth conversations with He Xiaopeng in Beijing and Guangzhou, trying to tap into his deep personality traits and business logic.</p><p><img src=\"https://static.tigerbbs.com/53642452f6c22de755e1e8657036e330\" tg-width=\"1080\" tg-height=\"718\" referrerpolicy=\"no-referrer\"/></p><p><b>Second-time venture adventurer</b></p><p>In his bones, He Xiaopeng is a tossing and adventurous person, which is in sharp contrast to his shy appearance and low-key hairstyle.</p><p>He Xiaopeng, who was born in an ordinary family in Huangshi, Hubei Province, had not been out of the province before the college entrance examination and had not eaten<a href=\"https://laohu8.com/S/MCD\">McDonald's</a>Not even a plane. At that time, he had a belief that it was better to travel thousands of miles than to read thousands of books. When he filled in the college entrance examination, his only goal was to go to school outside the province, especially in developed cities like Beijing, Shanghai and Guangzhou, to see the outside world. Eventually he was admitted to South China University of Technology in Guangzhou.</p><p>Nowadays, He Xiaopeng extends this concept to the education of children. As long as their life and health are not seriously threatened, children can take risks and explore some things.</p><p>One of his sons, at the age of two, was particularly naughty and curious about pressure cookers, and his little hands always wanted to touch them. The average parent will stop it immediately, but He Xiaopeng has different ways to deal with it. He grabbed his son's hand and carefully let his son touch it. As a result, his son was burned and cried, and he never dared to touch the pressure cooker again.</p><p>These character traits were also highlighted in his entrepreneurial process.</p><p>In June 2014, UC Browser founded by He Xiaopeng was sold at a high price of $4 billion<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Acquisition, which brought him a huge fortune. $4 billion was also the highest M&A price of China's Internet at that time.</p><p>Subsequently, He Xiaopeng joined Ali and successively served as the president of Ali Mobile Business Group, the chairman of Ali Games and the president of Potato. Many people think that He Xiaopeng will be a rich man with peace of mind, and there will be no more product manager in the entrepreneurial world. However, in the year of \"cashing out\", He Xiaopeng began to plan for the re-start of new energy vehicles, and invested in XPeng vehicles, which were also called \"Orange Smart Movement\" at that time.</p><p>\"When I first saw smart electric vehicles, I immediately thought of the jump from the Saipan or JAVA era to the intelligent era,\" He Xiaopeng said.</p><p>The UC browser founded by He Xiaopeng crosses the two eras of Symbian and intelligence. This experience makes him naturally sensitive to the new changes in the traditional automobile industry. He felt that when this jump just happened, people in the industry were often reluctant to believe this change because they were vested interests.</p><p>It was also in the sleep period of this industry that he felt that he had a chance to tear open a hole.</p><p>\"People who come out of the Internet industry dare to think, which is a characteristic of our long-term work.\" He Xiaopeng said.</p><p>In 2015, He Xiaopeng once went to an auto show. At the time, he was impressed that 75 new cars were released in one day at that auto show, which made him feel that the competition in the automotive industry is far more brutal than the Internet industry.</p><p>\"Imagine if the Internet industry releases 75 UC browsers a day, will there be pressure? The competition of automobiles is global competition, technology competition, brand and reputation competition,\" He Xiaopeng said.</p><p>This makes He Xiaopeng, who is born adventurous, more determined to \"go into the water\".</p><p><b>\"Talk to someone with your head up.\"</b></p><p>At that time, the success of UC Browser was why Xiaopeng accumulated a lot of contacts and wealth. When he decided to join smart cars, how to drain these resources to new projects and make the old guys believe that he could still endure hardships and start a business was an urgent problem for He Xiaopeng to solve. His answer is, first himself all in.</p><p>\"My friends say that since you dare to all in, then we can support you.\" He Xiaopeng said, \"If I didn't go all out, work 9 to 5 every day, and take my own money to manage money, then how could others believe me?\"</p><p>After joining the entrepreneurship of smart cars, learning from traditional cars has become an important job for him. He often tells colleagues and friends about a mistake that ordinary people tend to make: drawing wrong conclusions with limited information and correct logic. The reason for this is because the information obtained is not comprehensive, which he thinks is a very scary thing.</p><p>\"In the original field, you may already be a doctoral student, but in the new field, you are still in kindergarten. So are you willing to squat down and talk to others with your head raised?\" He Xiaopeng said.</p><p>He Xiaopeng has been looking up at the automobile industry. He believes that mobile phones are already a great combination of software and hardware, but four or five meters long cars are a combination of software and hardware with greater imagination and more complexity.</p><p>When he decided to devote himself to XPeng, his early partner, Yu Yongfu, the current CEO of Ali's local life and chairman of AutoNavi Group, once gave him a suggestion, and it was the only suggestion-let him find someone who could check and balance himself. Because He Xiaopeng has too many ideas, but not all of them are correct.</p><p>Nowadays, there are many people within XPeng who can check and balance him, and their management structure has attracted much attention from the outside world. In an exclusive interview with \"Financial About You\", He Xiaopeng also talked about the checks and balances and cooperation of management for the first time.</p><p>At present, there are four people standing at the top of XPeng Automobile Power: He Xiaopeng, Xia Heng, Gu Hongdi and He Tao. He Xiaopeng is from the Internet industry, Xia Heng and He Tao are from the automotive technology field, and Gu Hongdi is from the financial field. The four of them are very young. He Xiaopeng and Gu Hongdi are born in the 70s, while Xia Heng and He Tao are born in the 80s.</p><p>He Xiaopeng bluntly said that in the first year and a half of their cooperation, there were many challenges. Facing the same thing, because they came from different fields, the four people had different strategies and solutions.</p><p>For example, at that time, someone suggested setting up a forum within the company to allow employees to post and make suggestions at will. This is a common thing in Internet companies, and He Xiaopeng thought that it would be enough to do it.</p><p>But this is a \"shouldn't\" thing in the automotive industry. Unlike Internet companies, car companies have a large number of partners and suppliers, and there are many types of jobs. The pointed questions raised by employees at the forum not only fail to promote the solution of the problem, but sometimes misunderstandings are caused by too many sources of information, thus stopping the solution of the problem.</p><p>So, the four got into a heated quarrel over the matter. Since then, they have adjusted the forum to address some important and heated issues through other channels, rather than having 10,000 or 20,000 people in the forum for ineffective discussions.</p><p>\"Many times, the founders of enterprises are too familiar with an industry, or their angles are too unified. Right is the same right, and wrong may be the same wrong.\" He Xiaopeng said, \"Balance can make enterprises reach an organic and compromising point.\"</p><p><b>Say no to \"involution\"</b></p><p>2020 is the peak period of He Xiaopeng's second venture. In August of this year, XPeng Automobile landed on the New York Stock Exchange, with a market value of 14.9 billion dollars on that day. It was a highlight moment he couldn't even match when he started UC Browser.</p><p>Today, the stock price of XPeng Motors has tripled, and He Xiaopeng's net worth is rising. According to Forbes's real-time data, he is now worth $8 billion, surpassing Nio Motors Li Bin by $4.8 billion, making him the richest man in China's new car-making force.</p><p><img src=\"https://static.tigerbbs.com/7d75beebe9dfbb968a731155d3840ae8\" tg-width=\"877\" tg-height=\"1904\" referrerpolicy=\"no-referrer\"/></p><p>However, after the launch, the pace of XPeng did not slow down. The release of P7 and P5 allowed them to own family cars and coupes in the price range of 200,000-400,000, while the G9's debut at last year's Guangzhou Auto Show filled the gap of medium and large SUV models. They have also taken an important step in internationalization, taking Norway as a bridgehead and opening up the European market; Aerial vehicles have also been developed to prepare for \"air battles\" in a few years.</p><p>\"For us, listing can get more support from the capital market, which allows us to do some medium and long-term thinking.\" He Xiaopeng said.</p><p>He Xiaopeng is a long-termist. When he explained the name \"XPeng\" to Finance You, he said that \"small\" represents an original intention and always young. When it comes to enterprise management, it will always remind himself to move forward, not to have big enterprise diseases and meet the status quo; \"Peng\" is a kind of big bird that can transform into \"Kun\" and fly very high and far.</p><p>All along, the outside world has criticized the name \"XPeng\". Some think that the name is earth, while others think that it is too arrogant to name a vehicle by their own name. After all, only world-famous car companies such as Honda and Mercedes-Benz will use the name of their founder. He Xiaopeng joked to Financial About You: \"You will feel dirty when you read it the first 100 times, but not the 101st time.\"</p><p>He Xiaopeng also has an expectation that in another 10 or 20 years, brands named after Chinese will go global.</p><p>He Xiaopeng has always been full of respect for Toyota, because they have trained a large number of engineers who can work at Toyota all their lives. This is particularly valuable among today's Chinese start-ups. In an exclusive interview with Financial About You, He Xiaopeng also bluntly said that he hoped to create an environment and mechanism for lifelong service for employees. For this reason, they formulated a set of option incentive policies, that is, hoping that employees will look further.</p><p>\"In the past two or three decades, China's cars have grown a lot, but to be honest, car people are quite hard. Before the new car-making forces came in, the treatment of car people was relatively low,\" He Xiaopeng said.</p><p>At the same time, He Xiaopeng also expects the company to continue to toss and innovate, such as letting employees change to different positions and engage in different jobs, which will give employees more opportunities, so that they can work in the company for a long time.</p><p>He Xiaopeng doesn't like the word \"involution\". Previously, 35 years old was an insurmountable hurdle for employees of many Internet companies, and the news of dismissing employees over 35 years old frequently caused heated discussions.</p><p>He Xiaopeng said that he welcomed middle and senior talents over 35 years old to come to XPeng Automobile. At present, there are also employees over 60 years old in XPeng. He believes that the automotive industry needs experienced and technically strong people, and these people are often older.</p><p>\"I don't pay much attention to whether the body is young or not. We pay attention to whether the mentality is young or not,\" He Xiaopeng said</p><p>Nowadays, XPeng has gone through seven years, and compared with those well-known century-old car companies, it is still just a young boy. However, they have more than 10,000 employees, and XPeng plans to expand its workforce to 50,000 in the next three years.</p><p>A question that He Xiaopeng often thinks about is, if he is asked to make a screw, can the company be stronger? He believes that when the enterprise is small, it pays attention to people. When the enterprise becomes big, it should pay attention to the organization and system. Everyone, including him, is a part of the organizational system.</p><p><b>Product Manager Car Building Road</b></p><p>In 2021, the entry of Xiaomi and Huawei made the smart car track full of unknowns.</p><p>Before Lei Jun decided to make a car, he once made a long phone call to He Xiaopeng, exchanging ways to cut in, capital situation, industry changes, etc.</p><p>He Xiaopeng recognized Lei Jun's thinking and encouraged Lei Jun to build a car together. He believes that for many enterprises, the window for building cars has been closed, but for companies like Huawei and Xiaomi, the window is still open, mainly because the accumulation of these enterprises over the years can be quickly converted into value.</p><p>For example, the accumulation of technology by these enterprises allows them to skip the link of pure electric vehicles and directly enter the competition of smart cars. Before producing smart cars, Xpeng Motors had explored pure electric vehicles for a long time and took detours.</p><p>In He Xiaopeng's consciousness, elitism is a concept that can't be bypassed. In addition to admiring elite enterprises such as Xiaomi and Huawei, he is also full of elitism in the concept of product design.</p><p>Years of product manager career have made him firmly believe that an ultimate product is unlikely to be completed by too many people, because different people will have different demands. If these different demands are finally balanced, it will be difficult for the product to reach the ultimate. The height of a product depends more on the talent height of the product manager.</p><p>He also believes that excellent product ideas come from views of the future, but many product managers will fall into the dilemma of blind people touching elephants and design based on existing consciousness. He believes that good product managers should have the ability to think leaps and bounds.</p><p>In September 2020, the flying car device released by XPeng Motors at the Beijing Auto Show was very \"jumping\", which once caused the outside world to ridicule them-before the competition on the ground was finished, they thought of \"air battle\".</p><p>At the press conference on November 18, 2021, He Xiaopeng once again publicly announced that he had recruited many talents in the flight industry, made it clear that he would mass-produce the overall framework of flying cars in 2024, and hoped to build a great flying car in a few years.</p><p>In fact, He Xiaopeng, who loves to \"fly\", is still \"on the ground\" more often. In the process of starting a business twice, he needs to solve various problems.</p><p>Nowadays, \"chip shortage\" is a major problem faced by the automobile industry. On November 18th, after accepting an exclusive interview with Finance You, He Xiaopeng went to a conference on chips.</p><p>In 2021, the delivery volume of XPeng vehicles surpassed that of Nio, dominating the delivery list of new car manufacturers. This is partly due to their management of the supply chain, which is less affected by the \"chip shortage\". Weilai Automobile, on the other hand, was once suspended due to chip problems.</p><p>\"We have discussed it many times internally. In the short term, the problem of chip shortage is difficult to solve. We expect this problem to be solved in three or four quarters.\" He Xiaopeng said.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>He Xiaopeng: The beginning and end of \"Dreamers in the Air\" landing to make cars</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHe Xiaopeng: The beginning and end of \"Dreamers in the Air\" landing to make cars\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/91\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/ea46042fac2240098d9d976e6d67d6a8);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">棱镜 </p>\n<p class=\"h-time smaller\">2022-01-16 11:42</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>He Xiaopeng, among the top entrepreneurs in China, still hasn't learned to cater to the audience's expectations to \"tell stories\".</p><p>At the end of 2021, He Xiaopeng accepted<a href=\"https://laohu8.com/S/00700\">Tencent</a>When I interviewed the news \"Financial Approach You\", I spent most of my time immersed in the travel world I imagined. At the end of the interview, \"Finance You\" asked him a few quick questions, and he got stuck when answering them quickly, even if the questions were relatively easy and pleasant.</p><p>\"Join<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>Four years, when was your happiest moment? \" The financial agreement you asked.</p><p>\"I can't remember,\" He Xiaopeng replied.</p><p>\"Among the post-80s entrepreneurs, which one do you like the most, Wang Xing, Zhang Yiming and Huang Zheng?\" Financial Appointment asked again.</p><p>\"It's hard to say.\" He Xiaopeng thought for a second, but he still didn't give an answer.</p><p>It was his usual style. On the one hand, XPeng Automobile launched a high-profile \"aircraft\" and laid out its products in the air, which made the outside world feel that the head of this new car-making force was frivolous and flamboyant; On the other hand, after four years of building cars, He Xiaopeng has never gotten rid of the character traces of product managers. He is introverted and cautious. If he is unsure, he would rather avoid it than talk nonsense.</p><p>2021 was a year for XPeng to hit back, with 98,155 deliveries, surpassing<a href=\"https://laohu8.com/S/NIO\">Nio</a>And ideal, the pattern of \"Wei Xiaoli\", which has been stable for many years by new car-making forces, has become \"Xiao Wei Li\".</p><p>However, with the entry of Huawei and Xiaomi, the strong efforts of traditional car companies,<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The smoke of the automobile industry is rising again. Who can go more steadily and farther in this battlefield? An important factor is the character and pattern of the founder.</p><p>\"Many of the genes of an enterprise come from the genes of the founder. If the founder saves money, the enterprise will also save money.\" He Xiaopeng said, \"I come from a technical background, pursue technological innovation and product differences, and am more pragmatic. I hope these can become a symbol, mind and culture and go global.\"</p><p>With his own name as a brand, He Xiaopeng is deeply tied to XPeng Automobile, which is both prosperous and humiliating. He Xiaopeng told Caiyue You that this represents his attitude and responsibility.</p><p>In August and November 2021, \"Financial About You\" had two in-depth conversations with He Xiaopeng in Beijing and Guangzhou, trying to tap into his deep personality traits and business logic.</p><p><img src=\"https://static.tigerbbs.com/53642452f6c22de755e1e8657036e330\" tg-width=\"1080\" tg-height=\"718\" referrerpolicy=\"no-referrer\"/></p><p><b>Second-time venture adventurer</b></p><p>In his bones, He Xiaopeng is a tossing and adventurous person, which is in sharp contrast to his shy appearance and low-key hairstyle.</p><p>He Xiaopeng, who was born in an ordinary family in Huangshi, Hubei Province, had not been out of the province before the college entrance examination and had not eaten<a href=\"https://laohu8.com/S/MCD\">McDonald's</a>Not even a plane. At that time, he had a belief that it was better to travel thousands of miles than to read thousands of books. When he filled in the college entrance examination, his only goal was to go to school outside the province, especially in developed cities like Beijing, Shanghai and Guangzhou, to see the outside world. Eventually he was admitted to South China University of Technology in Guangzhou.</p><p>Nowadays, He Xiaopeng extends this concept to the education of children. As long as their life and health are not seriously threatened, children can take risks and explore some things.</p><p>One of his sons, at the age of two, was particularly naughty and curious about pressure cookers, and his little hands always wanted to touch them. The average parent will stop it immediately, but He Xiaopeng has different ways to deal with it. He grabbed his son's hand and carefully let his son touch it. As a result, his son was burned and cried, and he never dared to touch the pressure cooker again.</p><p>These character traits were also highlighted in his entrepreneurial process.</p><p>In June 2014, UC Browser founded by He Xiaopeng was sold at a high price of $4 billion<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Acquisition, which brought him a huge fortune. $4 billion was also the highest M&A price of China's Internet at that time.</p><p>Subsequently, He Xiaopeng joined Ali and successively served as the president of Ali Mobile Business Group, the chairman of Ali Games and the president of Potato. Many people think that He Xiaopeng will be a rich man with peace of mind, and there will be no more product manager in the entrepreneurial world. However, in the year of \"cashing out\", He Xiaopeng began to plan for the re-start of new energy vehicles, and invested in XPeng vehicles, which were also called \"Orange Smart Movement\" at that time.</p><p>\"When I first saw smart electric vehicles, I immediately thought of the jump from the Saipan or JAVA era to the intelligent era,\" He Xiaopeng said.</p><p>The UC browser founded by He Xiaopeng crosses the two eras of Symbian and intelligence. This experience makes him naturally sensitive to the new changes in the traditional automobile industry. He felt that when this jump just happened, people in the industry were often reluctant to believe this change because they were vested interests.</p><p>It was also in the sleep period of this industry that he felt that he had a chance to tear open a hole.</p><p>\"People who come out of the Internet industry dare to think, which is a characteristic of our long-term work.\" He Xiaopeng said.</p><p>In 2015, He Xiaopeng once went to an auto show. At the time, he was impressed that 75 new cars were released in one day at that auto show, which made him feel that the competition in the automotive industry is far more brutal than the Internet industry.</p><p>\"Imagine if the Internet industry releases 75 UC browsers a day, will there be pressure? The competition of automobiles is global competition, technology competition, brand and reputation competition,\" He Xiaopeng said.</p><p>This makes He Xiaopeng, who is born adventurous, more determined to \"go into the water\".</p><p><b>\"Talk to someone with your head up.\"</b></p><p>At that time, the success of UC Browser was why Xiaopeng accumulated a lot of contacts and wealth. When he decided to join smart cars, how to drain these resources to new projects and make the old guys believe that he could still endure hardships and start a business was an urgent problem for He Xiaopeng to solve. His answer is, first himself all in.</p><p>\"My friends say that since you dare to all in, then we can support you.\" He Xiaopeng said, \"If I didn't go all out, work 9 to 5 every day, and take my own money to manage money, then how could others believe me?\"</p><p>After joining the entrepreneurship of smart cars, learning from traditional cars has become an important job for him. He often tells colleagues and friends about a mistake that ordinary people tend to make: drawing wrong conclusions with limited information and correct logic. The reason for this is because the information obtained is not comprehensive, which he thinks is a very scary thing.</p><p>\"In the original field, you may already be a doctoral student, but in the new field, you are still in kindergarten. So are you willing to squat down and talk to others with your head raised?\" He Xiaopeng said.</p><p>He Xiaopeng has been looking up at the automobile industry. He believes that mobile phones are already a great combination of software and hardware, but four or five meters long cars are a combination of software and hardware with greater imagination and more complexity.</p><p>When he decided to devote himself to XPeng, his early partner, Yu Yongfu, the current CEO of Ali's local life and chairman of AutoNavi Group, once gave him a suggestion, and it was the only suggestion-let him find someone who could check and balance himself. Because He Xiaopeng has too many ideas, but not all of them are correct.</p><p>Nowadays, there are many people within XPeng who can check and balance him, and their management structure has attracted much attention from the outside world. In an exclusive interview with \"Financial About You\", He Xiaopeng also talked about the checks and balances and cooperation of management for the first time.</p><p>At present, there are four people standing at the top of XPeng Automobile Power: He Xiaopeng, Xia Heng, Gu Hongdi and He Tao. He Xiaopeng is from the Internet industry, Xia Heng and He Tao are from the automotive technology field, and Gu Hongdi is from the financial field. The four of them are very young. He Xiaopeng and Gu Hongdi are born in the 70s, while Xia Heng and He Tao are born in the 80s.</p><p>He Xiaopeng bluntly said that in the first year and a half of their cooperation, there were many challenges. Facing the same thing, because they came from different fields, the four people had different strategies and solutions.</p><p>For example, at that time, someone suggested setting up a forum within the company to allow employees to post and make suggestions at will. This is a common thing in Internet companies, and He Xiaopeng thought that it would be enough to do it.</p><p>But this is a \"shouldn't\" thing in the automotive industry. Unlike Internet companies, car companies have a large number of partners and suppliers, and there are many types of jobs. The pointed questions raised by employees at the forum not only fail to promote the solution of the problem, but sometimes misunderstandings are caused by too many sources of information, thus stopping the solution of the problem.</p><p>So, the four got into a heated quarrel over the matter. Since then, they have adjusted the forum to address some important and heated issues through other channels, rather than having 10,000 or 20,000 people in the forum for ineffective discussions.</p><p>\"Many times, the founders of enterprises are too familiar with an industry, or their angles are too unified. Right is the same right, and wrong may be the same wrong.\" He Xiaopeng said, \"Balance can make enterprises reach an organic and compromising point.\"</p><p><b>Say no to \"involution\"</b></p><p>2020 is the peak period of He Xiaopeng's second venture. In August of this year, XPeng Automobile landed on the New York Stock Exchange, with a market value of 14.9 billion dollars on that day. It was a highlight moment he couldn't even match when he started UC Browser.</p><p>Today, the stock price of XPeng Motors has tripled, and He Xiaopeng's net worth is rising. According to Forbes's real-time data, he is now worth $8 billion, surpassing Nio Motors Li Bin by $4.8 billion, making him the richest man in China's new car-making force.</p><p><img src=\"https://static.tigerbbs.com/7d75beebe9dfbb968a731155d3840ae8\" tg-width=\"877\" tg-height=\"1904\" referrerpolicy=\"no-referrer\"/></p><p>However, after the launch, the pace of XPeng did not slow down. The release of P7 and P5 allowed them to own family cars and coupes in the price range of 200,000-400,000, while the G9's debut at last year's Guangzhou Auto Show filled the gap of medium and large SUV models. They have also taken an important step in internationalization, taking Norway as a bridgehead and opening up the European market; Aerial vehicles have also been developed to prepare for \"air battles\" in a few years.</p><p>\"For us, listing can get more support from the capital market, which allows us to do some medium and long-term thinking.\" He Xiaopeng said.</p><p>He Xiaopeng is a long-termist. When he explained the name \"XPeng\" to Finance You, he said that \"small\" represents an original intention and always young. When it comes to enterprise management, it will always remind himself to move forward, not to have big enterprise diseases and meet the status quo; \"Peng\" is a kind of big bird that can transform into \"Kun\" and fly very high and far.</p><p>All along, the outside world has criticized the name \"XPeng\". Some think that the name is earth, while others think that it is too arrogant to name a vehicle by their own name. After all, only world-famous car companies such as Honda and Mercedes-Benz will use the name of their founder. He Xiaopeng joked to Financial About You: \"You will feel dirty when you read it the first 100 times, but not the 101st time.\"</p><p>He Xiaopeng also has an expectation that in another 10 or 20 years, brands named after Chinese will go global.</p><p>He Xiaopeng has always been full of respect for Toyota, because they have trained a large number of engineers who can work at Toyota all their lives. This is particularly valuable among today's Chinese start-ups. In an exclusive interview with Financial About You, He Xiaopeng also bluntly said that he hoped to create an environment and mechanism for lifelong service for employees. For this reason, they formulated a set of option incentive policies, that is, hoping that employees will look further.</p><p>\"In the past two or three decades, China's cars have grown a lot, but to be honest, car people are quite hard. Before the new car-making forces came in, the treatment of car people was relatively low,\" He Xiaopeng said.</p><p>At the same time, He Xiaopeng also expects the company to continue to toss and innovate, such as letting employees change to different positions and engage in different jobs, which will give employees more opportunities, so that they can work in the company for a long time.</p><p>He Xiaopeng doesn't like the word \"involution\". Previously, 35 years old was an insurmountable hurdle for employees of many Internet companies, and the news of dismissing employees over 35 years old frequently caused heated discussions.</p><p>He Xiaopeng said that he welcomed middle and senior talents over 35 years old to come to XPeng Automobile. At present, there are also employees over 60 years old in XPeng. He believes that the automotive industry needs experienced and technically strong people, and these people are often older.</p><p>\"I don't pay much attention to whether the body is young or not. We pay attention to whether the mentality is young or not,\" He Xiaopeng said</p><p>Nowadays, XPeng has gone through seven years, and compared with those well-known century-old car companies, it is still just a young boy. However, they have more than 10,000 employees, and XPeng plans to expand its workforce to 50,000 in the next three years.</p><p>A question that He Xiaopeng often thinks about is, if he is asked to make a screw, can the company be stronger? He believes that when the enterprise is small, it pays attention to people. When the enterprise becomes big, it should pay attention to the organization and system. Everyone, including him, is a part of the organizational system.</p><p><b>Product Manager Car Building Road</b></p><p>In 2021, the entry of Xiaomi and Huawei made the smart car track full of unknowns.</p><p>Before Lei Jun decided to make a car, he once made a long phone call to He Xiaopeng, exchanging ways to cut in, capital situation, industry changes, etc.</p><p>He Xiaopeng recognized Lei Jun's thinking and encouraged Lei Jun to build a car together. He believes that for many enterprises, the window for building cars has been closed, but for companies like Huawei and Xiaomi, the window is still open, mainly because the accumulation of these enterprises over the years can be quickly converted into value.</p><p>For example, the accumulation of technology by these enterprises allows them to skip the link of pure electric vehicles and directly enter the competition of smart cars. Before producing smart cars, Xpeng Motors had explored pure electric vehicles for a long time and took detours.</p><p>In He Xiaopeng's consciousness, elitism is a concept that can't be bypassed. In addition to admiring elite enterprises such as Xiaomi and Huawei, he is also full of elitism in the concept of product design.</p><p>Years of product manager career have made him firmly believe that an ultimate product is unlikely to be completed by too many people, because different people will have different demands. If these different demands are finally balanced, it will be difficult for the product to reach the ultimate. The height of a product depends more on the talent height of the product manager.</p><p>He also believes that excellent product ideas come from views of the future, but many product managers will fall into the dilemma of blind people touching elephants and design based on existing consciousness. He believes that good product managers should have the ability to think leaps and bounds.</p><p>In September 2020, the flying car device released by XPeng Motors at the Beijing Auto Show was very \"jumping\", which once caused the outside world to ridicule them-before the competition on the ground was finished, they thought of \"air battle\".</p><p>At the press conference on November 18, 2021, He Xiaopeng once again publicly announced that he had recruited many talents in the flight industry, made it clear that he would mass-produce the overall framework of flying cars in 2024, and hoped to build a great flying car in a few years.</p><p>In fact, He Xiaopeng, who loves to \"fly\", is still \"on the ground\" more often. In the process of starting a business twice, he needs to solve various problems.</p><p>Nowadays, \"chip shortage\" is a major problem faced by the automobile industry. On November 18th, after accepting an exclusive interview with Finance You, He Xiaopeng went to a conference on chips.</p><p>In 2021, the delivery volume of XPeng vehicles surpassed that of Nio, dominating the delivery list of new car manufacturers. This is partly due to their management of the supply chain, which is less affected by the \"chip shortage\". Weilai Automobile, on the other hand, was once suspended due to chip problems.</p><p>\"We have discussed it many times internally. In the short term, the problem of chip shortage is difficult to solve. We expect this problem to be solved in three or four quarters.\" He Xiaopeng said.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3e9d0f16131bea4ece2670f7550b214b","relate_stocks":{"BK1588":"回港中概股","BK1119":"汽车制造商","09868":"小鹏汽车-W","BK4526":"热门中概股","BK4551":"寇图资本持仓","BK4505":"高瓴资本持仓","BK1587":"次新股","BK4555":"新能源车","BK1575":"同股不同权","BK1539":"汽车股","XPEV":"小鹏汽车","BK4099":"汽车制造商"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105926115","content_text":"跻身国内顶级企业家群，何小鹏还是没有学会迎合观众期待值去“讲故事”。2021年年底，何小鹏在接受腾讯新闻《财约你》专访时，大多数时间都沉浸在自己所畅想的出行世界中。在专访的最后，《财约你》向他提出了几个快问题，他在速答时出现了卡壳，即便问题都比较轻松愉快。“加入小鹏汽车四年，你最快乐的时刻是什么时候？”《财约你》问。“想不起来了。”何小鹏答。“80后创业者中，王兴、张一鸣、黄铮你最喜欢哪一个？”《财约你》再问。“不好说。”想了一秒钟，何小鹏依然没有给出答案。这是他一贯的风格。一方面，小鹏汽车高调推出“飞行器”，将产品布局在空中，让外界觉得这家造车新势力的掌门人轻狂、张扬；另一方面，造车4年，何小鹏始终没有摆脱产品经理的性格痕迹，内敛、谨慎，拿不准的宁可回避也不乱说。2021年是小鹏汽车逆袭的一年，交付量达到98155辆，超越了蔚来和理想，造车新势力稳固多年的“蔚小理”格局变成了“小蔚理”。不过，随着华为、小米的入局，传统车企的强势发力，智能汽车这个行业硝烟再起，谁能在这个战场里走得更稳、更远，一个重要的因素就是创始人的性格和格局。“一个企业的基因，很多是来自创始人身上的基因，如果创始人节约，那企业也会节约。”何小鹏说，“我是技术出身，追求技术上的创新、产品上的差异，也比较务实，我希望这些能够成为一种符号、心智和文化，走向全球。”用自己的名字做品牌让何小鹏与小鹏汽车深度捆绑，一荣俱荣，一辱俱辱。何小鹏向《财约你》表示，这代表了他的态度和责任。2021年的8月和11月，《财约你》在北京、广州两次深度对话何小鹏，试图挖掘他内心深处的性格特征和商业逻辑。二次创业的冒险家骨子里，何小鹏就是一个爱折腾、爱冒险的人，这与他腼腆的长相、低调的发型形成鲜明对比。出生于湖北黄石一个普通家庭的何小鹏，高考前没有出过省，没有吃过麦当劳，更没有坐过飞机。当时，他有一个信念，读万卷书不如行万里路，在高考填报志愿时，唯一的目标就是去省外上学，尤其是北上广这样的发达城市，去看看外面的世界。最终他被位于广州的华南理工大学录取。如今，何小鹏把这种理念延伸到对孩子的教育上，只要生命健康不被严重威胁，孩子们就可以去冒险探索一些事情。他的一个儿子在两岁时，特别调皮，对高压锅充满了好奇心，小手总是想去摸一下。一般的家长会马上制止，但何小鹏却有不同的处理方法。他抓着儿子的手，小心翼翼地让儿子摸了一下，结果儿子被烫哭了，再也不敢去摸高压锅了。这些性格特征在他的创业过程中也被彰显无遗。2014年6月，何小鹏创办的UC浏览器以40亿美元的高价被阿里巴巴收购，为他带来了巨额财富。40亿美元也是当时中国互联网最高的并购价。随后，何小鹏加入阿里，先后担任阿里移动事业群总裁、阿里游戏董事长、土豆总裁，很多人都认为何小鹏将会安心地做一个富豪，创业江湖中将不会再有这个产品经理的身影。但就在“套现”当年，何小鹏开始谋划新能源汽车的再创业，并投资了当时还叫“橙行智动”的小鹏汽车。“当我第一次看到智能电动车的时候，我马上想到的是从塞班时代或JAVA时代向智能时代的跳跃。”何小鹏说。何小鹏创办的UC浏览器正是跨越了塞班和智能两个时代，这经历让他对汽车这种个传统行业的新变化有着天然的敏感。他觉得，在这种跳跃刚刚发生时，行业里的人由于是既得利益者，往往不愿意相信这种变化。也正是在这种行业的沉睡期，让他觉得自己有机会可以撕开一个口子。“互联网行业出来的人，都特别敢想，这是我们长期工作形成的一个特点。”何小鹏说。2015年，何小鹏曾经去参加了一次车展。当时，给他留下深刻印象的是，那次车展一天发布了75款新车，这让他深感汽车行业竞争的残酷要远远大于互联网行业。“试想，如果互联网行业一天发布75个UC浏览器，会不会有压力？汽车的竞争是全球的竞争、科技的竞争、品牌和口碑的竞争。”何小鹏说。这让天生爱冒险的何小鹏更有“下水”一试的决心。“仰着头跟人说话”彼时，UC浏览器的成功为何小鹏积攒了大量的人脉和财富，决定投身智能汽车时，如何将这些资源引流到新项目上，让老伙计们相信他依然能够吃苦创业，是何小鹏急需解决的问题。他的答案是，首先自己all in。“朋友们说，既然你敢all in，那我们就可以支持你。”何小鹏说，“如果我没有全力以赴，每天朝九晚五，把自己的钱拿去理财，那别人怎么会相信我。”在投身智能汽车的创业之后，向传统汽车学习，成为了他的一个重要工作。他经常向同事、朋友讲述一个普通人容易犯的错误：用有限的信息，在正确的逻辑下，得出错误的结论。之所以这样，就是因为获得的信息不全面，他认为这是一件非常可怕的事情。“在原来的领域，你可能已经是博士生了，但是在新领域，你还是在上幼儿园，那你愿不愿意蹲下来，仰着头跟别人说话呢？”何小鹏说。何小鹏一直仰视着汽车这个行业，他认为，手机已经是一个了不起的软硬件结合体，但四五米长的汽车，是一个想象空间更大、更复杂的软硬件结合体。而在决定全身心投入到小鹏汽车时，他早期的合伙人、现任阿里本地生活CEO、高德集团董事长俞永福曾给了他一个建议，并且是唯一的建议——让他找一个可以制衡自己的人。因为何小鹏的想法太多，但不一定都正确。如今，小鹏汽车高层内部就有不少可以制衡他的人，他们的管理架构也备受外界关注。在接受《财约你》专访时，何小鹏也首次讲述了管理层的制衡和合作。目前，站在小鹏汽车权力顶层的有四个人：何小鹏、夏珩、顾宏地、何涛。何小鹏来自互联网行业，夏珩、何涛来自汽车技术领域，顾宏地则来自金融领域。四个人都很年轻，何小鹏、顾宏地是70后，夏珩、何涛则是80后。何小鹏直言，在他们合作的前一年半中，挑战很多，面对同一件事情，由于来自不同的领域，四人的策略、解决方案也不同。比如当时，有人建议在公司内部设立一个论坛，允许员工随意发帖，提建议，这在互联网公司里是一件常见的事情，何小鹏就觉得这件事做就行了。但这在汽车行业里是一件“不应该”的事情。与互联网公司不同，车企有大量的合作伙伴、供应商，岗位的类型也很多。论坛上的员工们提出的尖锐问题，不但不能促进问题的解决，有时还会因为信息来源过于多元造成误解，从而使得问题解决方案停滞不前。于是，四人在这件事上进行了激烈的争吵。此后，他们对论坛进行了调整，对于一些重要的、激烈的问题通过其他渠道进行解决，而不是在论坛里让一两万人进行无效讨论。“很多时候，企业创始人对一个行业太熟悉了，或者角度太统一，对是一样的对，错也可能是一样的错。”何小鹏说，“平衡能使企业达到一个有机、妥协的点。”对“内卷”说不2020年是何小鹏二次创业的高峰期。这一年的8月，小鹏汽车登陆纽交所，当天市值就高达149亿美金。这是他在创办UC浏览器时都比不上的高光时刻。如今，小鹏汽车的股价涨了三倍，何小鹏身家水涨船高。根据福布斯实时数据，他如今的身价达到80亿美元，超过了蔚来汽车李斌48亿美元，成为了中国造车新势力的首富。不过，上市之后，小鹏汽车的脚步没有放慢，P7、P5的发布让他们在20万-40万的价格区间拥有了家用轿车、轿跑，而G9在去年广州车展的亮相则补全了中大型SUV车型的空白。他们在国际化上也迈出了重要一步，以挪威为桥头堡，开拓了欧洲市场；还研制了空中飞行器，为几年后的“空战”做准备。“上市对于我们来说，可以获得资本市场更多的支持，这让我们能够做一些中长线的思考。”何小鹏说。何小鹏是一个长期主义者，他在向《财约你》解释“小鹏”这个名字的时候说，“小”代表一种初心，代表永远年轻，放在企业管理上，就会时刻提醒自己要向前，不能有大企业病，不能满足现状；“鹏”则是一种大鸟，可以化成“鲲”，飞得很高、很远。而一直以来，外界都对“小鹏”这个名字颇有非议，有觉得名字比较土的，也有认为用自己的名字来命名车辆太狂妄的，毕竟本田、奔驰这些世界知名车企才会用创始人名字。何小鹏则向《财约你》笑谈：“你读前100遍的时候会有土的感觉，但是第101遍就不会。”何小鹏也有个期待，就是再过10年、20年，用中国名字命名的品牌会走向世界。何小鹏一直都对丰田这家企业充满敬意，因为他们培养了大量的、可以一生都在丰田工作的工程师。这在今天的中国创业企业当中显得尤为珍贵。在接受《财约你》专访时，何小鹏也直言，希望能够为员工创造一个终生服务的环境和机制，为此他们制定了一套期权激励政策，就是希望员工们将目光放得更远。“过去二三十年，中国的汽车成长了很多，但说实话，汽车人是挺辛苦的，在造车新势力没有进来之前，汽车人的待遇也比较低。”何小鹏说。同时，何小鹏也期待公司能够继续折腾、创新，比如让员工换到不同的岗位，从事不同的工作，这会让员工获得更多的机会，从而能够在公司长时间干下去。何小鹏不喜欢“内卷”这个词。在此前，35岁曾是很多互联网公司员工难以逾越的坎，辞退35岁以上员工的新闻也频频引发热议。何小鹏则表示，他欢迎35岁以上的中高级段位的人才来到小鹏汽车，目前小鹏也有60岁以上的员工。他认为，汽车这个行业需要那些有经验的、技术实力强的人，而这些人的年龄往往都比较大。“我不太关注身体是否年轻，我们关注的是心态是否年轻。”何小鹏说如今的小鹏汽车已经走过了7个年头，与那些知名的百年车企相比，还只是个毛头小子。不过，他们的员工已经超过了万人，未来三年，小鹏还计划将员工规模扩大到5万人。何小鹏经常思考的一个问题是，如果让他做一个螺丝钉，公司是否还能做得更强？他认为，当企业很小的时候，重视的是人，当企业做大的时候，就要重视组织和体系，包括他在内，每个人都是组织体系的一部分。产品经理造车路2021年，小米、华为的入局，让智能汽车的赛道充满未知数。雷军在决定做汽车之前，曾经给何小鹏打过一个很长时间的电话，交流了切入的方法、资本的情况、行业的变革等。何小鹏对雷军的思考很认可，并鼓励雷军一起造车。他认为，对于很多企业来说，造车的窗口已经关闭，但对于华为、小米这样的企业来说，窗口仍然敞开着，主要是因为这些企业多年的积累可以迅速转换成价值。比如，这些企业在技术上的积累，可以让他们跳过纯电动车这个环节，直接进入到智能汽车的竞争中。而小鹏汽车在生产智能汽车之前，曾探索了很久纯电动车，走过了弯路。在何小鹏的意识中，精英主义是一个绕不过去的概念。他除了对小米、华为这样的精英企业倍加推崇之外，在产品设计的理念上也充满了精英主义的影子。多年的产品经理生涯，让他坚信，一个极致的产品不太可能由太多的人共同参与完成，因为不同的人会有不同的诉求，如果最后平衡了这些不同的诉求，那么产品就很难达到极致。一个产品的高度更依赖产品经理的天赋高度。他还认为，优秀的产品理念来自于对未来的看法，但是很多产品经理会陷入到盲人摸象的困境之中，基于已有的意识去设计。他认为，优秀的产品经理应该有跳跃性的思考能力。2020年9月，小鹏汽车在北京车展发布的飞行汽车器就很有“跳跃性”，这一度引起了外界对他们的嘲讽——地面上的竞争还没打完，就想着“空战”了。在2021年11月18日的发布会上，何小鹏再次公开对外宣布，已经招募了很多飞行行业的人才，明确将在2024年量产飞行汽车的整体框架，并希望用几年的时间打造一款很棒的飞行汽车。事实上，爱“飞翔”的何小鹏更多时候还是在“地上”，两次创业过程中，他需要解决各种各样的难题。时下，“芯片荒”是汽车行业面临的一大难题。11月18日，在接受《财约你》专访完之后，何小鹏就去参加了一个有关芯片的会议。在2021年，小鹏汽车的交付量超过了蔚来，独占造车新势力的交付排行榜榜首，这在一定程度上正是得益于他们对供应链的管理，较少受到“芯片荒”的影响。而蔚来汽车，则一度因为芯片问题，陷入停产状态。“我们内部讨论过很多次，短期内，芯片荒的问题很难解决，我们期待三四个季度后，这个问题能够得到解决吧。”何小鹏说。","news_type":1,"symbols_score_info":{"09868":0.9,"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":3021,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006160112,"gmtCreate":1641645042267,"gmtModify":1676533636860,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"😥","listText":"😥","text":"😥","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006160112","repostId":"2201921034","repostType":4,"isVote":1,"tweetType":1,"viewCount":3268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9096732943,"gmtCreate":1644458339571,"gmtModify":1676533929312,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096732943","repostId":"1130668023","repostType":2,"repost":{"id":"1130668023","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1644451115,"share":"https://ttm.financial/m/news/1130668023?lang=en_US&edition=fundamental","pubTime":"2022-02-10 07:58","market":"sh","language":"zh","title":"Last night and this morning | No fear of CPI! U.S. stocks continue to explode","url":"https://stock-news.laohu8.com/highlight/detail?id=1130668023","media":"老虎资讯综合","summary":"摘要：①欧美股市集体收涨，纳指涨2.08%，中概股普涨；②黄金创两周来最高收盘价；③伦铝进一步逼近历史高位；④美通胀数据呼之欲出，或成美联储是否加息50个基点的线索。海外市场1、欧美股市集体收涨！科技","content":"<p><html><head></head><body>Abstract: ① European and American stock markets closed up collectively, Nasdaq rose by 2.08%, and Chinese stocks rose generally; ② Gold hit the highest closing price in two weeks; ③ Lun aluminum is further approaching the historical high; ④ The US inflation data is about to come out, or it may become a clue whether the Federal Reserve has a rate hike of 50 basis points. Overseas markets</p><p>1. European and American stock markets closed up collectively! Tech stocks are strong, Nasdaq rises more than 2%</p><p>The three major U.S. stock indexes closed higher collectively. The selloff in U.S. bonds paused, with the yield on 10-year U.S. bonds, which approached 2% on Tuesday, temporarily leaving its high in more than two years, easing some of the pressure on technology stocks and giving a respite to markets that have been hit hard in recent weeks by fears of tighter monetary policy.</p><p>By the close, the Dow closed up 0.86%, the Nasdaq up 2.08% and the S&P 500 up 1.45%.</p><p>Mega-cap U.S. tech stocks mostly rose, with shares of Meta rising 5.4%, posting their biggest one-day gain since April 29, 2021,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>And Netflix rose by more than 2%,<a href=\"https://laohu8.com/S/GOOG\">Google</a>Parent company Alphabet rose 1.6%,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>up 0.83%,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>closed up nearly 1.1%, only<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>It was down slightly by 0.14%.</p><p>2. Popular Chinese concept stocks closed up on Wednesday, new energy automobile stocks and education stocks rose sharply</p><p><a href=\"https://laohu8.com/S/DDL\">Ding dong shopping for groceries</a>Up nearly 22%,<a href=\"https://laohu8.com/S/IQ\">iQIYI</a>It rose by more than 13%,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>rose by more than 6%,<a href=\"https://laohu8.com/S/SOHU\">SOHU</a>、<a href=\"https://laohu8.com/S/NTES\">Netease</a>rose by more than 4%,<a href=\"https://laohu8.com/S/JD\">Jingdong</a>Ctrip rose nearly 4%,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/BEST\">BEST GROUP</a>It rose more than 2%.</p><p>In the Education Unit,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It rose by more than 12%,<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>rose by more than 4%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>Up nearly 3%; Among new energy vehicle stocks,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It rose by more than 9%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars rose by more than 5%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up nearly 4%.</p><p>3. European stocks collectively closed higher, and the major stock indexes all rose by more than 1%</p><p>Germany's DAX30 index rose 1.59%, France's CAC40 index rose 1.46%,<a href=\"https://laohu8.com/S/VUKE.UK\">FTSE 100 UK</a>The index rose 1.12%, Spain's IBEX35 index rose 1.96%, Italy's FTSE MIB index rose 2.66% and Europe's Stoxx 50 index rose 1.82%.</p><p>4. Gold futures closed 0.5% higher on Wednesday, the highest closing price in two weeks</p><p>Gold recorded gains for the fourth straight session as the pullback in the dollar and US Treasury Bond yields boosted the attractiveness of the safe-haven metal.</p><p>Adam Koos, president of Libertas Wealth Management Group, said the dollar clearly has long-and short-term links to inflation, and its volatility could explain the volatility of metal prices. He pointed out that investors are waiting for the U.S. Consumer Price Index (CPI) report to be released on Thursday.</p><p>Gold futures for April delivery on the New York Mercantile Exchange rose $8.70, or 0.5%, to close at $1,836.60 an ounce, the highest closing price since Jan. 26.</p><p>5. U.S. WTI crude oil futures closed 0.3% higher on Wednesday</p><p>Michael Hewson, chief market analyst at CMC Markets UK, said the resumption of indirect talks between the US and Iran could \"lead to recent weakness in crude oil prices\", but the two countries are \"still a long way from any agreement that could lead to new crude supplies.\"</p><p>West Texas Intermediate (WTI) crude oil futures for March delivery rose 30 cents, or 0.3%, to close at $89.66 per barrel on the New York Mercantile Exchange, reaching an intraday high of $90.58 per barrel. WTI crude oil futures closed down 2.2% on Tuesday.</p><p>6. Multinational bonds rise as central bank policymakers try to dispel aggressive rate hike bets</p><p>Italy's 10-year Treasury Bond yield ended its seventh consecutive day of rising trend, and the yield of German bonds with the same term once fell by 5 basis points, which is bound to end the longest consecutive increase on record.</p><p>Francois Villeroy de Galhau, president of the French central bank, said investors perceived a hawkish turn at the ECB and they may have overreacted.</p><p>Huw Pill, chief economist of the Bank of England, called for reasonable monetary policy measures, and expressed concern about taking exceptionally radical measures to tighten them. Since then, the UK's 2-year Treasury Bond-the bond most sensitive to policy changes-has held its rally.</p><p>Yields fell 3 basis points to 1.30%, pulling back from a more than 10-year high hit on Tuesday.</p><p>7. Lun Aluminum further approaches the historical high Lun Copper breaks through the $10,000 mark</p><p>Industrial metals rose across the board, and Lun Aluminum kept its rise for several days, further approaching the historical high set in 2008, but the rise was slightly lower than Lun Copper, which rose by nearly 3% and broke through the $10,000 mark for the first time in four weeks.</p><p>Gold futures, supported by the drop in U.S. dollar and U.S. bond yields, rose for four consecutive days to a three-week high.</p><p>International macro</p><p>1. Federal Reserve Mester: Support rate hike faster than the last cycle</p><p>Loretta Mester, president of the Cleveland Fed, said it would be appropriate to expect a faster rate hike because inflation has risen significantly and the labor market is much tighter than in 2015.</p><p>\"Inflation remains subject to upside risks,\" but the number and pace of the Fed's rate hike will \"depend on the economic situation,\" Mester said in a prepared speech at a video seminar hosted by the European Economic and Financial Center. She reiterated her support for a rate hike in March.</p><p>2. Bostic of the Federal Reserve: There may be more than three rate hike this year, but it depends on how the economy reacts</p><p>ATLANTA Fed President Raphael Bostic said Wednesday that he expects to rate hike three or four times this year, but stressed that the Fed has not locked in specific plans.</p><p>Bostic's rate hike view is less aggressive than the market expects. \"On the rate hike side, I now expect three this year,\" he said. \"I'm kind of leaning towards four times, but also to see how the economy reacts as we take our first policy steps in the first half of the year.\"</p><p>3. Blockbuster inflation data is about to come out or reveal clues about whether the Federal Reserve may rate hike 50 basis points</p><p>One of the most important figures to be released ahead of the Fed's March meeting will be the January Consumer Price Index (CPI) released on Thursday. Federal Reserve Chairman Jerome Powell's already hinted that the March meeting will kick-start a rate hike.</p><p>January CPI is expected to rise 7.2% year-over-year, which would be the biggest increase since 1982. That could prompt the Fed to consider rate hike 50 basis points for the first time since 2000, rather than the customary practice of adding 25 basis points.</p><p>4. U.S. lawmakers say they reached a framework agreement on 2022 spending bill</p><p>Key Republicans and Democrats in the U.S. Congress have taken an important step in the direction of year-round funding for the federal government.</p><p>They reached an agreement on a broad framework that would allow it to add details in the coming weeks and in turn adopt a fiscal spending package that could reach $1.5 trillion in size.</p><p>5. Not just senior Fed officials, but also U.S. lawmakers' ban on buying and selling stocks is expected to vote within the year</p><p>Remember the new trading rules of the Federal Reserve prohibiting the buying and selling of individual stocks and bonds against \"its own people\" after a series of \"stock speculation\" storms by senior Fed officials last year? Probably in the near future, U.S. Congressmen and relatives may also become a ban on stocks.</p><p>According to CNBC news on Wednesday, with House Speaker Pelosi's attitude changing and Senate Majority Leader Schumer expressing support for the ban, the bill to ban U.S. lawmakers and relatives from trading stocks is expected to make substantial progress.</p><p>6. Bank reserves in the \"early\" stage of quantitative tightening of the Federal Reserve may fall by $500 billion at the highest</p><p><a href=\"https://laohu8.com/S/BAC\">Bank of America</a>It is pointed out that as the Federal Reserve begins to quantitatively tighten, the liquidity withdrawal may first be reflected in allowing banks to reduce excess reserves, and the rate of reserve decline is expected to be faster than the rate of use of the Federal Reserve's overnight reverse repurchase tool.</p><p>Mark Cabana and Katie Craig wrote in their Feb. 9 report that the process has already begun, with bank reserves likely to be reduced by $250-500 billion in the early days of quantitative tightening.</p><p>7. U.S. used car prices hit new highs, but the tightest supply chain period may be behind us</p><p>America's biggest car<a href=\"https://laohu8.com/S/300959\">Online and offline</a>The Manheim Used Vehicle Value Index, owned by (O2O) trading platform Cox Automotive, was roughly flat in early January this year compared with last December, up only 0.04% month-on-month.</p><p>This index tracks the wholesale price of used cars for sale purchased by U.S. car dealers, as well as the type of used vehicle purchased by the dealer and the mileage traveled. The latest data sends a heavy signal that U.S. used car prices, which have surged over the past year, are leveling off, according to the analysis.</p><p>8. The chief economist of the Bank of England hinted that the central bank would not sell British bonds soon</p><p>Bank of England chief economist Huw Pill dampened market expectations that the central bank will soon start selling off the UK Treasury Bond once interest rates reach 1%.</p><p>Speaking to the Society of Professional Economists on Wednesday, Pill said: \"The 1% rate is not a trigger point. It's just a factor to consider.\"</p><p>Company News</p><p>1、<a href=\"https://ttm.financial/NW/1104459137\" target=\"_blank\">ARM Most Likely to List on Nasdaq: Will Deal a Major Blow to London</a></p><p>Analysts say this will have a significant impact on the UK government and<a href=\"https://laohu8.com/S/LSE.UK\">London Stock Exchange</a>Deal a major blow.</p><p>Yesterday,<a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a>(NVIDIA) and SoftBank Group jointly announced that they have decided to terminate the previous acquisition of ARM. After the deal was scrapped, SoftBank plans to take ARM public by March 2023. SoftBank CEO Masayoshi Son said today that ARM may be listed on NASDAQ in the United States, not in the United Kingdom.</p><p>Son Zhengyi said: \"Regarding where ARM will be listed, the United States is the market we are considering, most likely Nasdaq. But no matter where it is, the United States is the place we look forward to where ARM will be listed.\"</p><p>2、<a href=\"https://ttm.financial/NW/2210552817\" target=\"_blank\">For the third time in this month! Tesla has recalled another 26,681 vehicles</a></p><p>Tesla said it has not identified any injuries or accidents related to the recall, but NHTSA said that in some cases, Tesla vehicles may have reduced windshield visibility, which will increase the risk of a vehicle being involved in a collision.</p><p>There aren't many options left for investors. First, investors should pay attention to the recall data, and rightly so. Beyond that, investors should also have a better understanding of the overall quality of the vehicle. Quality is good or bad enough to change market share and share price in the long run. Fortunately, the tracking of vehicle quality is not at a loss.</p><p>3、<a href=\"https://ttm.financial/NW/2210155121\" target=\"_blank\">Samsung releases new products of Galaxy S22 series, which will be available worldwide on the 25th</a></p><p>The Galaxy S22 series is still three models, namely S22, S22+ and S22 Ultra. The S22 and S22+ feature a 6.1-inch and 6.6-inch straight screen design, respectively, and the S22 Ultra features a 6.8-inch curved screen with 2K ultra-high resolution. The S22 Ultra is the first product in the S series with a built-in stylus \"S Pen\", which follows the Note series design.</p><p>4、<a href=\"https://ttm.financial/NW/2210055927\" target=\"_blank\">Intel CEO: Expect tight chip supply to continue throughout 2023</a></p><p>Intel (INTC.O) CEO Pat Gelsinger said the company expects chip supply to remain tight until at least the end of 2023, before the supply situation improves in 2025-2030, when Intel and other manufacturers will increase their wafer factory output to meet growing demand and updates to technology.</p><p>5、<a href=\"https://ttm.financial/NW/2210639695\" target=\"_blank\">Centennial Disney Revenue Up 34% YoY, Shares Surge 8% After Hours</a></p><p>According to the financial report, boosted by Disney's theme park and resort business, Disney's revenue in the first fiscal quarter was 21.82 billion US dollars, higher than analysts' expectation of 20.91 billion US dollars. Its streaming service Disney + added nearly 12 million new subscribers to 129.8 million subscribers, again ahead of analyst expectations of 125.75 million.</p><p>6、<a href=\"https://laohu8.com/NW/2210563013\" target=\"_blank\">Uber Q4 earnings beat expectations, shares rise more than 5% after hours</a></p><p>On February 9th (Wednesday), Eastern Time, after the US stock market closed,<a href=\"https://laohu8.com/S/UBER\">Uber</a>Announced fourth quarter and full year 2021 results. According to the financial report, Uber's Q4 revenue was US$5.778 billion, a year-on-year increase of 83% from US$3.165 billion in the same period of last year, and the market expected US$5.357 billion; Net profit attributable to the company was US$892 million, compared with a loss of US$968 million in the same period of last year, and the market expected loss of US$682 million; Diluted earnings per share were $0.44, compared to a loss of $0.54 in the prior-year quarter and the market expectation for a loss of $0.36.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Last night and this morning | No fear of CPI! U.S. stocks continue to explode</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast night and this morning | No fear of CPI! U.S. stocks continue to explode\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-02-10 07:58</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Abstract: ① European and American stock markets closed up collectively, Nasdaq rose by 2.08%, and Chinese stocks rose generally; ② Gold hit the highest closing price in two weeks; ③ Lun aluminum is further approaching the historical high; ④ The US inflation data is about to come out, or it may become a clue whether the Federal Reserve has a rate hike of 50 basis points. Overseas markets</p><p>1. European and American stock markets closed up collectively! Tech stocks are strong, Nasdaq rises more than 2%</p><p>The three major U.S. stock indexes closed higher collectively. The selloff in U.S. bonds paused, with the yield on 10-year U.S. bonds, which approached 2% on Tuesday, temporarily leaving its high in more than two years, easing some of the pressure on technology stocks and giving a respite to markets that have been hit hard in recent weeks by fears of tighter monetary policy.</p><p>By the close, the Dow closed up 0.86%, the Nasdaq up 2.08% and the S&P 500 up 1.45%.</p><p>Mega-cap U.S. tech stocks mostly rose, with shares of Meta rising 5.4%, posting their biggest one-day gain since April 29, 2021,<a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>And Netflix rose by more than 2%,<a href=\"https://laohu8.com/S/GOOG\">Google</a>Parent company Alphabet rose 1.6%,<a href=\"https://laohu8.com/S/AAPL\">Apple</a>up 0.83%,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>closed up nearly 1.1%, only<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>It was down slightly by 0.14%.</p><p>2. Popular Chinese concept stocks closed up on Wednesday, new energy automobile stocks and education stocks rose sharply</p><p><a href=\"https://laohu8.com/S/DDL\">Ding dong shopping for groceries</a>Up nearly 22%,<a href=\"https://laohu8.com/S/IQ\">iQIYI</a>It rose by more than 13%,<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>rose by more than 6%,<a href=\"https://laohu8.com/S/SOHU\">SOHU</a>、<a href=\"https://laohu8.com/S/NTES\">Netease</a>rose by more than 4%,<a href=\"https://laohu8.com/S/JD\">Jingdong</a>Ctrip rose nearly 4%,<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>、<a href=\"https://laohu8.com/S/BEST\">BEST GROUP</a>It rose more than 2%.</p><p>In the Education Unit,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It rose by more than 12%,<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>rose by more than 4%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>Up nearly 3%; Among new energy vehicle stocks,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It rose by more than 9%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars rose by more than 5%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up nearly 4%.</p><p>3. European stocks collectively closed higher, and the major stock indexes all rose by more than 1%</p><p>Germany's DAX30 index rose 1.59%, France's CAC40 index rose 1.46%,<a href=\"https://laohu8.com/S/VUKE.UK\">FTSE 100 UK</a>The index rose 1.12%, Spain's IBEX35 index rose 1.96%, Italy's FTSE MIB index rose 2.66% and Europe's Stoxx 50 index rose 1.82%.</p><p>4. Gold futures closed 0.5% higher on Wednesday, the highest closing price in two weeks</p><p>Gold recorded gains for the fourth straight session as the pullback in the dollar and US Treasury Bond yields boosted the attractiveness of the safe-haven metal.</p><p>Adam Koos, president of Libertas Wealth Management Group, said the dollar clearly has long-and short-term links to inflation, and its volatility could explain the volatility of metal prices. He pointed out that investors are waiting for the U.S. Consumer Price Index (CPI) report to be released on Thursday.</p><p>Gold futures for April delivery on the New York Mercantile Exchange rose $8.70, or 0.5%, to close at $1,836.60 an ounce, the highest closing price since Jan. 26.</p><p>5. U.S. WTI crude oil futures closed 0.3% higher on Wednesday</p><p>Michael Hewson, chief market analyst at CMC Markets UK, said the resumption of indirect talks between the US and Iran could \"lead to recent weakness in crude oil prices\", but the two countries are \"still a long way from any agreement that could lead to new crude supplies.\"</p><p>West Texas Intermediate (WTI) crude oil futures for March delivery rose 30 cents, or 0.3%, to close at $89.66 per barrel on the New York Mercantile Exchange, reaching an intraday high of $90.58 per barrel. WTI crude oil futures closed down 2.2% on Tuesday.</p><p>6. Multinational bonds rise as central bank policymakers try to dispel aggressive rate hike bets</p><p>Italy's 10-year Treasury Bond yield ended its seventh consecutive day of rising trend, and the yield of German bonds with the same term once fell by 5 basis points, which is bound to end the longest consecutive increase on record.</p><p>Francois Villeroy de Galhau, president of the French central bank, said investors perceived a hawkish turn at the ECB and they may have overreacted.</p><p>Huw Pill, chief economist of the Bank of England, called for reasonable monetary policy measures, and expressed concern about taking exceptionally radical measures to tighten them. Since then, the UK's 2-year Treasury Bond-the bond most sensitive to policy changes-has held its rally.</p><p>Yields fell 3 basis points to 1.30%, pulling back from a more than 10-year high hit on Tuesday.</p><p>7. Lun Aluminum further approaches the historical high Lun Copper breaks through the $10,000 mark</p><p>Industrial metals rose across the board, and Lun Aluminum kept its rise for several days, further approaching the historical high set in 2008, but the rise was slightly lower than Lun Copper, which rose by nearly 3% and broke through the $10,000 mark for the first time in four weeks.</p><p>Gold futures, supported by the drop in U.S. dollar and U.S. bond yields, rose for four consecutive days to a three-week high.</p><p>International macro</p><p>1. Federal Reserve Mester: Support rate hike faster than the last cycle</p><p>Loretta Mester, president of the Cleveland Fed, said it would be appropriate to expect a faster rate hike because inflation has risen significantly and the labor market is much tighter than in 2015.</p><p>\"Inflation remains subject to upside risks,\" but the number and pace of the Fed's rate hike will \"depend on the economic situation,\" Mester said in a prepared speech at a video seminar hosted by the European Economic and Financial Center. She reiterated her support for a rate hike in March.</p><p>2. Bostic of the Federal Reserve: There may be more than three rate hike this year, but it depends on how the economy reacts</p><p>ATLANTA Fed President Raphael Bostic said Wednesday that he expects to rate hike three or four times this year, but stressed that the Fed has not locked in specific plans.</p><p>Bostic's rate hike view is less aggressive than the market expects. \"On the rate hike side, I now expect three this year,\" he said. \"I'm kind of leaning towards four times, but also to see how the economy reacts as we take our first policy steps in the first half of the year.\"</p><p>3. Blockbuster inflation data is about to come out or reveal clues about whether the Federal Reserve may rate hike 50 basis points</p><p>One of the most important figures to be released ahead of the Fed's March meeting will be the January Consumer Price Index (CPI) released on Thursday. Federal Reserve Chairman Jerome Powell's already hinted that the March meeting will kick-start a rate hike.</p><p>January CPI is expected to rise 7.2% year-over-year, which would be the biggest increase since 1982. That could prompt the Fed to consider rate hike 50 basis points for the first time since 2000, rather than the customary practice of adding 25 basis points.</p><p>4. U.S. lawmakers say they reached a framework agreement on 2022 spending bill</p><p>Key Republicans and Democrats in the U.S. Congress have taken an important step in the direction of year-round funding for the federal government.</p><p>They reached an agreement on a broad framework that would allow it to add details in the coming weeks and in turn adopt a fiscal spending package that could reach $1.5 trillion in size.</p><p>5. Not just senior Fed officials, but also U.S. lawmakers' ban on buying and selling stocks is expected to vote within the year</p><p>Remember the new trading rules of the Federal Reserve prohibiting the buying and selling of individual stocks and bonds against \"its own people\" after a series of \"stock speculation\" storms by senior Fed officials last year? Probably in the near future, U.S. Congressmen and relatives may also become a ban on stocks.</p><p>According to CNBC news on Wednesday, with House Speaker Pelosi's attitude changing and Senate Majority Leader Schumer expressing support for the ban, the bill to ban U.S. lawmakers and relatives from trading stocks is expected to make substantial progress.</p><p>6. Bank reserves in the \"early\" stage of quantitative tightening of the Federal Reserve may fall by $500 billion at the highest</p><p><a href=\"https://laohu8.com/S/BAC\">Bank of America</a>It is pointed out that as the Federal Reserve begins to quantitatively tighten, the liquidity withdrawal may first be reflected in allowing banks to reduce excess reserves, and the rate of reserve decline is expected to be faster than the rate of use of the Federal Reserve's overnight reverse repurchase tool.</p><p>Mark Cabana and Katie Craig wrote in their Feb. 9 report that the process has already begun, with bank reserves likely to be reduced by $250-500 billion in the early days of quantitative tightening.</p><p>7. U.S. used car prices hit new highs, but the tightest supply chain period may be behind us</p><p>America's biggest car<a href=\"https://laohu8.com/S/300959\">Online and offline</a>The Manheim Used Vehicle Value Index, owned by (O2O) trading platform Cox Automotive, was roughly flat in early January this year compared with last December, up only 0.04% month-on-month.</p><p>This index tracks the wholesale price of used cars for sale purchased by U.S. car dealers, as well as the type of used vehicle purchased by the dealer and the mileage traveled. The latest data sends a heavy signal that U.S. used car prices, which have surged over the past year, are leveling off, according to the analysis.</p><p>8. The chief economist of the Bank of England hinted that the central bank would not sell British bonds soon</p><p>Bank of England chief economist Huw Pill dampened market expectations that the central bank will soon start selling off the UK Treasury Bond once interest rates reach 1%.</p><p>Speaking to the Society of Professional Economists on Wednesday, Pill said: \"The 1% rate is not a trigger point. It's just a factor to consider.\"</p><p>Company News</p><p>1、<a href=\"https://ttm.financial/NW/1104459137\" target=\"_blank\">ARM Most Likely to List on Nasdaq: Will Deal a Major Blow to London</a></p><p>Analysts say this will have a significant impact on the UK government and<a href=\"https://laohu8.com/S/LSE.UK\">London Stock Exchange</a>Deal a major blow.</p><p>Yesterday,<a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a>(NVIDIA) and SoftBank Group jointly announced that they have decided to terminate the previous acquisition of ARM. After the deal was scrapped, SoftBank plans to take ARM public by March 2023. SoftBank CEO Masayoshi Son said today that ARM may be listed on NASDAQ in the United States, not in the United Kingdom.</p><p>Son Zhengyi said: \"Regarding where ARM will be listed, the United States is the market we are considering, most likely Nasdaq. But no matter where it is, the United States is the place we look forward to where ARM will be listed.\"</p><p>2、<a href=\"https://ttm.financial/NW/2210552817\" target=\"_blank\">For the third time in this month! Tesla has recalled another 26,681 vehicles</a></p><p>Tesla said it has not identified any injuries or accidents related to the recall, but NHTSA said that in some cases, Tesla vehicles may have reduced windshield visibility, which will increase the risk of a vehicle being involved in a collision.</p><p>There aren't many options left for investors. First, investors should pay attention to the recall data, and rightly so. Beyond that, investors should also have a better understanding of the overall quality of the vehicle. Quality is good or bad enough to change market share and share price in the long run. Fortunately, the tracking of vehicle quality is not at a loss.</p><p>3、<a href=\"https://ttm.financial/NW/2210155121\" target=\"_blank\">Samsung releases new products of Galaxy S22 series, which will be available worldwide on the 25th</a></p><p>The Galaxy S22 series is still three models, namely S22, S22+ and S22 Ultra. The S22 and S22+ feature a 6.1-inch and 6.6-inch straight screen design, respectively, and the S22 Ultra features a 6.8-inch curved screen with 2K ultra-high resolution. The S22 Ultra is the first product in the S series with a built-in stylus \"S Pen\", which follows the Note series design.</p><p>4、<a href=\"https://ttm.financial/NW/2210055927\" target=\"_blank\">Intel CEO: Expect tight chip supply to continue throughout 2023</a></p><p>Intel (INTC.O) CEO Pat Gelsinger said the company expects chip supply to remain tight until at least the end of 2023, before the supply situation improves in 2025-2030, when Intel and other manufacturers will increase their wafer factory output to meet growing demand and updates to technology.</p><p>5、<a href=\"https://ttm.financial/NW/2210639695\" target=\"_blank\">Centennial Disney Revenue Up 34% YoY, Shares Surge 8% After Hours</a></p><p>According to the financial report, boosted by Disney's theme park and resort business, Disney's revenue in the first fiscal quarter was 21.82 billion US dollars, higher than analysts' expectation of 20.91 billion US dollars. Its streaming service Disney + added nearly 12 million new subscribers to 129.8 million subscribers, again ahead of analyst expectations of 125.75 million.</p><p>6、<a href=\"https://laohu8.com/NW/2210563013\" target=\"_blank\">Uber Q4 earnings beat expectations, shares rise more than 5% after hours</a></p><p>On February 9th (Wednesday), Eastern Time, after the US stock market closed,<a href=\"https://laohu8.com/S/UBER\">Uber</a>Announced fourth quarter and full year 2021 results. According to the financial report, Uber's Q4 revenue was US$5.778 billion, a year-on-year increase of 83% from US$3.165 billion in the same period of last year, and the market expected US$5.357 billion; Net profit attributable to the company was US$892 million, compared with a loss of US$968 million in the same period of last year, and the market expected loss of US$682 million; Diluted earnings per share were $0.44, compared to a loss of $0.54 in the prior-year quarter and the market expectation for a loss of $0.36.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130668023","content_text":"摘要：①欧美股市集体收涨，纳指涨2.08%，中概股普涨；②黄金创两周来最高收盘价；③伦铝进一步逼近历史高位；④美通胀数据呼之欲出，或成美联储是否加息50个基点的线索。海外市场1、欧美股市集体收涨！科技股强势纳指涨超2%美股三大指数集体收涨。美债抛售潮暂歇，周二逼近2%的10年期美债收益率暂别两年多来高位，这缓解了科技股的部分压力，令近几周因担心货币政策收紧而遭受重创的市场得以喘息。截至收盘，道指收涨0.86%，纳指涨2.08%，标普500指数涨1.45%。美股大型科技股多数上涨，Meta的股价上涨5.4%，创下2021年4月29日以来最大单日涨幅，微软和奈飞涨超2%，谷歌母公司Alphabet上涨了1.6%，苹果上涨0.83%，特斯拉收涨近1.1%，只有亚马逊微跌0.14%。2、热门中概股周三收盘普涨 新能源汽车股、教育股大涨叮咚买菜涨近22%，爱奇艺涨超13%，哔哩哔哩涨超6%，搜狐、网易涨超4%，京东、携程涨近4%，百度、百世集团涨超2%。教育股中，高途涨超12%，新东方涨超4%，好未来涨近3%；新能源汽车股中，小鹏汽车涨超9%，蔚来汽车涨超5%，理想汽车涨近4%。3、欧股集体收涨 主要股指均涨超1%德国DAX30指数涨1.59%，法国CAC40指数涨1.46%，英国富时100指数涨1.12%，西班牙IBEX35指数涨1.96%，意大利富时MIB指数涨2.66%，欧洲斯托克50指数涨1.82%。4、周三黄金期货收高0.5% 创两周来最高收盘价随着美元和美国国债收益率回落提振了避险金属的吸引力，金价连续第四个交易日录得涨幅。Libertas财富管理集团总裁Adam Koos表示，美元显然与通胀有长期和短期的联系，其波动可以解释金属价格的波动。他指出投资者正在等待周四将公布的美国消费者物价指数（CPI）报告。纽约商品交易所4月交割的黄金期货价格上涨8.70美元，涨幅0.5%，收于每盎司1836.60美元，创1月26日以来的最高收盘价。5、美国WTI原油期货周三收高0.3%CMC Markets UK首席市场分析师Michael Hewson表示，美国和伊朗恢复间接谈判可能“导致近期原油价格疲软”，但两国“距离任何可能带来新的原油供应的协议还有很长的路要走。”纽约商品交易所3月交割的西德克萨斯中质原油（WTI）期货价格上涨30美分，涨幅0.3%，收于每桶89.66美元，盘中最高达到每桶90.58美元。周二WTI原油期货收跌2.2%。6、央行决策者试图打消激进的加息押注 多国债券纷纷上扬意大利10年期国债收益率结束了连续第七天走高的态势，同期限德债收益率一度下跌5个基点，势将结束有记录以来最长连涨。法国央行行长Francois Villeroy de Galhau表示，投资者们认为欧洲央行出现鹰派转向，他们可能反应过度了。英国央行首席经济学家Huw Pill呼吁货币政策措施要有理有度，对于采取异常激进的举措来收紧措施表达了担忧，此后英国2年期国债--对于政策变化最为敏感的债券--守住了涨势。收益率下跌3个基点，至1.30%，从周二触及的逾10年高点回落。7、伦铝进一步逼近历史高位 伦铜突破1万美元关口工业金属全线上涨，伦铝保持连日涨势，进一步逼近2008年所创的历史高位，但涨势稍逊伦铜，伦铜涨近3%、四周来首度突破1万美元关口。得到美元和美债收益率回落支持的黄金期货连涨四日，创三周新高。国际宏观1、美联储Mester：支持用比上次周期更快的速度加息克利夫兰联储行长Loretta Mester表示，预计以更快的速度加息将是合适之举，因为跟2015年相比，通胀率显著上升而且劳动力市场偏紧得多。“通胀仍面临上行风险，”但美联储的加息次数和速度将“取决于经济形势发展，”Mester在欧洲经济金融中心主办的视频研讨会上发表事先准备好的演讲称。她重申支持3月加息。2、美联储Bostic：今年可能加息三次以上 但要看经济如何反应美国亚特兰大联储主席Raphael Bostic周三表示，他预计今年将加息三到四次，但强调美联储并未锁定具体计划。Bostic的加息观点不如市场预期的激进。“在加息方面，我现在预计今年有三次，”他说。“我有点倾向于四次，但在我们在今年上半年迈出政策第一步时，还要看看经济会如何反应。”3、重磅通胀数据呼之欲出 或透露美联储是否可能加息50个基点的线索在美联储3月会议前出炉的最重要的数据之一，将是周四发布的1月消费者价格指数（CPI）。美联储主席杰罗姆·鲍威尔已经暗示3月会议将启动加息。1月CPI预计同比上涨7.2%，将是1982年以来最大涨幅。这可能会促使美联储考虑自2000年以来首次加息50个基点，而不是加25个基点的惯例做法。4、美国国会议员称就2022年支出法案达成了框架协议美国国会关键的共和党人和民主党人朝着为联邦政府提供全年资金的方向迈出了重要一步。他们就一个广泛的框架达成协议，从而使其可以在未来几周补充细节，进而通过规模可能达到1.5万亿美元的一揽子财政支出计划。5、不仅仅是美联储高官，美国国会议员买卖股票禁令有望在年内表决还记得去年一连串美联储高官“炒股”风波后美联储针对“自己人”禁止买卖个股和债券的交易新规么？可能在不久的将来，美国国会议员及亲属炒股或将同样成为禁令。据CNBC周三消息称，随着众议院议长佩洛西的态度转变以及参议院多数派领袖舒默对禁令表达支持后，有关禁止美国议员及亲属炒股的议案有望出现实质性进展。6、美联储量化紧缩“早期”阶段银行准备金最高或下降5000亿美元美国银行指出，随着美联储开始量化紧缩，流动性回笼可能首先体现在允许银行减少超额准备金，准备金下降的速度料快于美联储隔夜逆回购工具使用量降速。Mark Cabana和Katie Craig在2月9日的报告中写道，这个过程已经开始，在量化紧缩的早期，银行准备金可能会减少2500-5000亿美元。7、美国二手车价格再创新高，但供应链最紧张时期可能已经过去美国最大汽车线上线下（O2O）交易平台Cox Automotive旗下的曼海姆二手车价值指数（Manheim Used Vehicle Value Index）早今年1月较去年12月基本持平，环比仅上涨0.04%。这一指数追踪美国汽车经销商购买待售二手车的批发价格，以及经销商购买的二手车类型和行驶里程。分析称，最新数据发出了一个重磅信号，即过去一年激增的美国二手车价格正趋于平稳。8、英国央行首席经济学家暗示央行不会很快抛售英债英国央行首席经济学家Huw Pill浇灭了市场对一旦利率达到1%，央行将很快开始抛售英国国债的预期。Pill在周三对Society of Professional Economists发表讲话称：“1%的利率不是触发点。只是一个考虑的因素。”公司新闻1、ARM最可能在纳斯达克上市：将对伦敦造成重大打击分析人士称，这将对英国政府和伦敦证券交易所造成重大打击。昨日，英伟达（NVIDIA）和软银集团联合宣布，双方已决定终止之前达成的收购ARM交易。交易被取消后，软银计划在2023年3月之前让ARM上市。而软银CEO孙正义今日表示，ARM可能在美国纳斯达克上市，而非英国本土。孙正义说：“关于ARM上市地点，美国是我们正在考虑的市场，最有可能的是纳斯达克。但无论在哪里，美国都是我们期待的ARM上市地。”2、本月内第三次！特斯拉又召回了26681辆汽车特斯拉表示，目前还没有发现与此次召回有关的任何伤亡或事故，但NHTSA表示，在某些情况下，特斯拉汽车可能会降低挡风玻璃的可见度，将会增加车辆发生碰撞的风险。留给投资者的选择并不多。首先，投资者应该关注召回数据，这是理所当然的。除此之外，投资者还应该更好地了解车辆的整体质量。从长远来看，质量好坏足以改变市场份额和股价。所幸对车辆质量的追踪并不是无计可施。3、三星发布Galaxy S22系列新品，25日将在全球上市Galaxy S22系列依旧是三款机型，分别是S22、S22+及S22 Ultra。S22和S22+分别采用6.1英寸和6.6英寸直屏设计，S22 Ultra采用6.8英寸曲面屏，采用2K超高分辨率。S22 Ultra是S系列首款内置手写笔“S Pen”的产品，沿袭Note系列设计。4、英特尔CEO：预计芯片供应紧张情况会持续2023年全年英特尔（INTC.O）首席执行官Pat Gelsinger表示，公司预计芯片供应至少到2023年末都将保持紧张，2025-2030年供应形势才会有所好转，届时英特尔和其他制造商的晶圆工厂产量将增加，满足不断增长的需求和向技术的更新换代。5、百年迪士尼营收同比增长34%，盘后股价飙升8%财报显示，受到迪斯尼主题公园和度假区业务的提振，迪士尼第一财季营收为218.2亿美元，高于分析师预期的209.1亿美元。其流媒体服务Disney+订阅用户数新增近1200万用户至1.298亿，同样高于分析师预期1.2575亿。6、优步Q4财报超预期，盘后股价涨逾5%美东时间2月9日（周三）美股盘后，优步公布2021年第四季度及全年业绩。财报显示，优步Q4营收57.78亿美元，较上年同期31.65亿美元同比增长83%，市场预期53.57亿美元；归属于公司净利润8.92亿美元，上年同期亏损9.68亿美元，市场预期亏损6.82亿美元；摊薄每股收益为0.44美元，上年同期亏损为0.54美元，市场预期亏损0.36美元。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9091601815,"gmtCreate":1643847395671,"gmtModify":1676533862494,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091601815","repostId":"2208936459","repostType":2,"isVote":1,"tweetType":1,"viewCount":2908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038909631,"gmtCreate":1646705025841,"gmtModify":1676534153056,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038909631","repostId":"1198510306","repostType":2,"repost":{"id":"1198510306","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1646696733,"share":"https://ttm.financial/m/news/1198510306?lang=en_US&edition=fundamental","pubTime":"2022-03-08 07:45","market":"sh","language":"zh","title":"Last Night and This Morning | The Nasdaq fell into a bear market! European Stocks Into Bear as Energy Prices Surge","url":"https://stock-news.laohu8.com/highlight/detail?id=1198510306","media":"老虎资讯综合","summary":"摘要：①美股周一大幅收跌，标普跌近3%，纳指跌超3%跌入熊市；②商品期货再度大涨，伦镍一度暴涨近80%；③第三轮俄乌谈判无实质结果，停火磋商将继续进行；④、欧盟计划今年将对俄罗斯天然气的依赖程度降低近","content":"<p><html><head></head><body>Abstract: ① U.S. stocks closed sharply on Monday, with S&P falling nearly 3%, and Nasdaq falling more than 3% into a bear market; ② Commodity futures rose again, and Lun Nickel once soared by nearly 80%; ③ There is no substantive result in the third round of Russia-Ukraine negotiations, and the ceasefire consultations will continue; ④ The EU plans to reduce its dependence on Russian natural gas by nearly 80% this year. Overseas markets</p><p>1. Closing: Conflict situation and inflation worries pressured U.S. stocks to close down the Dow dropped 800 points</p><p>U.S. stocks closed sharply lower on Monday, with the S&P falling nearly 3%, the biggest decline in more than a year, the Dow falling nearly 800 points, and the Nasdaq falling more than 3%, falling into a bear market, all hitting a one-year low. The Dow fell 2.37%, the Nasdaq fell 3.62% and the S&P 500 fell 2.95%.</p><p>2. Most popular Chinese stocks closed lower on Monday<a href=\"https://laohu8.com/S/NIU\">Mavericks Electric</a>Down nearly 17%<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>Dropped more than 8%</p><p>Most popular Chinese stocks closed lower on Monday, with Mavericks Electric falling nearly 17%, and the financial report showed that Q4 net profit fell 18% year-on-year;<a href=\"https://laohu8.com/S/LAIX\">Fluency theory</a>It fell by over 17%, and Bilibili fell by over 8%; New energy vehicle stocks are lower,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It fell nearly 8%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>fell by more than 5%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars fell more than 2%.</p><p><a href=\"https://laohu8.com/S/SPI\">Solar Impulse</a>It rose by more than 28%,<a href=\"https://laohu8.com/S/KXIN\">Happy car</a>It rose by more than 21%, and education together rose by more than 10%,<a href=\"https://laohu8.com/S/NTES\">Netease</a>Youdao rose by more than 8%,<a href=\"https://laohu8.com/S/WIMI\">Micro-holography</a>rose by more than 6%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>rose by more than 4%,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It rose by more than 3%.</p><p>3. U.S. or boycott Russian crude oil U.S. WTI crude oil closed 3.2% higher</p><p>Crude oil futures prices have been supported as countries such as the United States and Britain consider banning the import of Russian oil. West Texas Intermediate (WTI) crude oil for April delivery rose $3.72, or 3.2%, to close at $119.40 a barrel on the New York Mercantile Exchange. On a near-month contract basis, it was the highest closing price since September 2008, according to FactSet data. Last week, WTI crude oil rose 26.30% cumulatively.</p><p>4. Brent was once close to $140 The possibility of a Russian oil embargo raises crisis fears</p><p>Oil prices posted their biggest daily swing ever, surging to nearly $140 earlier before falling back as the United States said it was considering a ban on Russian crude imports, exacerbating the possibility of tight supplies.</p><p>Brent oil retreated to around $121. Such oil price levels are heightening fears of a major inflationary shock to the global economy. The Biden administration is considering whether to ban Russian oil imports, at least initially, without European allies participating, people familiar with the matter said. Germany said it had no plans to suspend imports of Russian energy, adding to the volatility in the market.</p><p>5. Gold futures closed 1.5% higher on Monday and once broke through the $2,000 mark in intraday session</p><p>Gold futures closed higher on Monday and hit their highest close since August 2020. The conflict between Russia and Ukraine has escalated again, causing risk aversion to rise, pushing the price of gold futures to break through the $2,000 per ounce mark on Monday.</p><p>Gold futures for April delivery on the New York Mercantile Exchange rose $29.30, or 1.5%, to close at $1995.90 an ounce, after rising to $2007.50 an ounce during the session.</p><p>6. European stocks fall into bear market amid surging energy prices</p><p>European stocks fell to their lowest level in a year, with the DAX and the euro zone's Stoxx 50 index closing bear markets as soaring oil prices raised fears that high inflation would hurt economic growth.</p><p>The DAX closed down 2% to its lowest level since November 2020, cumulatively down 21% from a record high in January. The euro zone's Stoxx 50 index closed down 1.2%, also closing in a bear market.</p><p>7. European natural gas prices soared 79%. Market chaos pushed prices to new records</p><p>Europe's benchmark natural gas futures surged 79% to the equivalent of more than $600 a barrel of crude oil, amid the most chaotic trading conditions on record. A surge could trigger massive margin calls, prompting businesses to buy exchange contracts to avoid paying cash, which in turn causes futures prices to soar further.</p><p>Related to the Russia-Ukraine situation</p><p>1. The ceasefire negotiations in the third round of Russia-Ukraine negotiations will continue without substantive results</p><p>After the third round of Russian-Ukrainian negotiations, a member of the Ukrainian delegation said that consultations with Russia on a ceasefire and cessation of hostilities would continue, and that there is still no substantive result on related issues so far. Podolyak, an adviser to the Ukrainian presidential office, also said that the third round of Russia-Ukraine talks failed to achieve results that could substantially improve the situation.</p><p>Mezinsky, head of the Russian delegation, said that Russia hopes that the humanitarian corridor will start operating from tomorrow, and Ukraine has given guarantees to this. Russia's desired goal for talks with Ukraine in Brest Oblast fell short.</p><p>2. The impact of the Russia-Ukraine war has been shown on food shelves in many countries. Worries about the global food crisis are heating up</p><p>The impact of Russia's military campaign in Ukraine on global crop markets has been seen on store shelves.</p><p>A video of people scrambling for lower-priced sunflower seed oil in a store caused buzz amid a rush to buy over the weekend in Turkey amid fears of soaring sunflower oil prices; Some supermarket chain websites are out of stock</p><p>In Egypt, the world's largest importer of wheat, the price of some unsubsidized bread has risen sharply over the past week due to higher costs; In the Greater Cairo area, a pack of five slices of noodles costs about 7.50 Egyptian pounds ($0.48), compared to 5 Egyptian pounds a week ago.</p><p>3. The conflict between Ukraine and Russia subverts the global shipping industry, and shipping rates may rise by two to three times</p><p>The Ukraine-Russia war threatens to upend the global shipping industry, which is recovering from the COVID-19 pandemic. Maersk (AMKBY.US), the largest marine container group, and Mediterranean Shipping have suspended business bookings to and from Russia as sanctions begin to have an impact on trade.</p><p>Glenn Koepke of FourKites, a supply chain consultancy, said shipping rates could even rise two to three times from the current price of $10,000 per 40-foot container.</p><p>International macro</p><p>1. The EU plans to reduce its dependence on Russian gas by nearly 80% this year</p><p>The European Commission is plotting a path to ending its reliance on Russian gas, which could lead to a nearly 80% reduction in import demand this year, according to two officials familiar with the matter. To weaken the Kremlin's leverage, the European Commission revised its energy strategy after Russian President Vladimir Putin launched a military campaign against Ukraine. The plan, which will be submitted Tuesday, includes finding new sources of natural gas and improving energy efficiency, with the goal of weaning itself from Russia well before 2030, an official said.</p><p>2. Members of the U.S. House and Senate reach agreement on the outline of a bill to sanction Russia</p><p>Four top leaders of the U.S. Senate and House of Representatives issued a statement that they have reached an agreement on the outline of the bill sanctioning Russia, saying they will work together to draft bills suspending normal trade relations with Russia and Belarus and authorizing the Biden administration to raise tariffs for both countries.</p><p>3. Russian gold was shut out of the London market. The certification qualifications of all gold smelters were suspended</p><p>The London Gold and Silver Market Association on Monday said it suspended all six Russian gold and silver smelters as merit deliverers following sanctions imposed on Russia by the United States, the European Union and the United Kingdom. Products manufactured by these businesses prior to the eligibility suspension will still be accepted.</p><p>Britain will \"gradually\" wean itself from Russian oil and gas, Prime Minister says</p><p>British Prime Minister Boris Johnson has said Britain will \"gradually\" wean itself from Russian oil and gas in the face of tensions between Russia and Ukraine. He also called on Western countries to work together to secure energy alternatives.</p><p>After meeting with Canadian Prime Minister Trudeau and Dutch Prime Minister Rutte on the same day, Johnson said that Britain will formulate a new energy supply strategy in the coming days, noting that Britain is considering using more of its own fossil fuels. But he also stressed that Britain has not abandoned its commitment to reduce carbon emissions.</p><p>5. The problem of eating is imminent. The EU may consider relaxing the import ban of genetically modified grains and herbicide-related crops</p><p>As the world's major crude oil and grain producers are in turmoil, the European Union, which insists on high standards on rations imports, is also starting to worry about eating.</p><p>The European Union may consider temporarily lifting its ban on imports of genetically modified grains from the United States and South America to help farmers navigate the chaotic times ahead, Spanish Agriculture Minister Luis Planas was quoted as saying by media on Monday. Spain and France have also proposed exemptions for those who have used herbicides<a href=\"https://laohu8.com/S/000061\">Agricultural Products</a>Imports, mainly to increase stocks and to find alternative supply channels for important grains, mainly corn, which are also a major source of animal feed.</p><p>Company News</p><p>1、<a href=\"https://ttm.financial/NW/1133636608\" target=\"_blank\">Uber Raises Q1 Outlook: Consumers Eager to Get Back Around</a></p><p>Uber reportedly raised its first-quarter 2022 results forecast as pandemic-impacted travel demand rebounded faster than expected. At one point, Uber shares were up about 2% in premarket trading on March 7. Meanwhile, shares of rival Lyft are up more than 2%.</p><p>Uber said in a filing with the U.S. Securities and Exchange Commission (SEC) that it now expects its adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) to be between $130 million and $150 million in the first quarter of this year, higher than the previous estimate of between $100 million and $130 million.</p><p>2、<a href=\"https://ttm.financial/NW/1185303476\" target=\"_blank\">Intel's self-driving business unit Mobileye secretly submits IPO application</a></p><p>According to reports, Intel Corporation announced on March 7 that Mobileye, its autonomous vehicle business unit, has secretly submitted a draft Form S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of new Mobileye shares. At present, the number and price of new shares to be offered have not been determined. The IPO date will take place after the SEC completes its evaluation process, and the exact timing will also depend on the market and other conditions.</p><p>3、<a href=\"https://ttm.financial/NW/2217544945\" target=\"_blank\">Tesla Most Bulls: Berlin 'Gigafactory' Approved The Stock's Biggest Suspense Clear</a></p><p>Dan Ives, a well-known Tesla bull and analyst at investment bank Wedbush, said in a note to investors on March 6th that it is crucial for Tesla to get the Berlin \"Gigafactory\" approved for production.</p><p>\"The Tesla stock 'biggest suspense' has been removed after German authorities said Tesla could start production at its new factory in Berlin,\" Ives wrote.</p><p>4、<a href=\"https://ttm.financial/NW/2217448301\" target=\"_blank\">Wedbush: Spring conference coming soon gives Apple an \"outperform\" rating</a></p><p>Apple will hold its 2022 Spring Conference at 10 a.m. local time on March 8 (2 a.m. Beijing time on March 9). It is widely expected to launch a new iPhone SE with 5G capabilities, as well as a new iPad Air and Mac using its M-series chips. Wedbush Securities believes that all of the above products will become \"popular products\" for Apple. Wedbush analyst Dan Ives has an \"outperform\" rating on Apple with a $200 price target.</p><p>5、<a href=\"https://ttm.financial/NW/2217415574\" target=\"_blank\">Coal giant Peabody plunged more than 24% at one point and was forced to add a large margin call as coal prices soared</a></p><p>On Monday, March 7th, Peabody Energy, the world's largest private coal company, once plunged by more than 24% in the US stock market, falling sharply from the nearly three-year high since mid-May 2019 set last Friday, nearly erasing all the gains in the month.</p><p>That's largely due to the company's announcement that, with<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>A financing arrangement was entered into, with the latter providing a $150 million unsecured multi-drawable credit facility to support \"potential liquidity needs in the near term\" for Peabody, whose coal mines are mainly located in the United States and Australia.</p><p>6、<a href=\"https://ttm.financial/NW/2217541424\" target=\"_blank\">Refuse to follow the trend! Uniqlo's founder says it will continue to operate in Russia</a></p><p>After the escalation of the Russia-Ukraine conflict, while Western countries imposed sanctions on Russia, large European and American enterprises also withdrew from the country. While waves of companies have opted out of the Russian market, others have refused to follow suit and insisted on continuing to operate their operations in Russia.</p><p>7、<a href=\"https://ttm.financial/NW/2217344063\" target=\"_blank\">Buffett talks about increasing holdings of Occidental Petroleum: $4.5 billion invested in five days, buy as much as you can</a></p><p><a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Warren Buffett, chairman of Hathaway, disclosed in an interview Monday that he recently made a big increase in his holdings<a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>The story of the company's shares said that he spent $4.5 billion in five trading days last week to buy 91.2 million shares, worth more than $5 billion at the current share price.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Last Night and This Morning | The Nasdaq fell into a bear market! European Stocks Into Bear as Energy Prices Surge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast Night and This Morning | The Nasdaq fell into a bear market! European Stocks Into Bear as Energy Prices Surge\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-03-08 07:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Abstract: ① U.S. stocks closed sharply on Monday, with S&P falling nearly 3%, and Nasdaq falling more than 3% into a bear market; ② Commodity futures rose again, and Lun Nickel once soared by nearly 80%; ③ There is no substantive result in the third round of Russia-Ukraine negotiations, and the ceasefire consultations will continue; ④ The EU plans to reduce its dependence on Russian natural gas by nearly 80% this year. Overseas markets</p><p>1. Closing: Conflict situation and inflation worries pressured U.S. stocks to close down the Dow dropped 800 points</p><p>U.S. stocks closed sharply lower on Monday, with the S&P falling nearly 3%, the biggest decline in more than a year, the Dow falling nearly 800 points, and the Nasdaq falling more than 3%, falling into a bear market, all hitting a one-year low. The Dow fell 2.37%, the Nasdaq fell 3.62% and the S&P 500 fell 2.95%.</p><p>2. Most popular Chinese stocks closed lower on Monday<a href=\"https://laohu8.com/S/NIU\">Mavericks Electric</a>Down nearly 17%<a href=\"https://laohu8.com/S/BILI\">Bilibili</a>Dropped more than 8%</p><p>Most popular Chinese stocks closed lower on Monday, with Mavericks Electric falling nearly 17%, and the financial report showed that Q4 net profit fell 18% year-on-year;<a href=\"https://laohu8.com/S/LAIX\">Fluency theory</a>It fell by over 17%, and Bilibili fell by over 8%; New energy vehicle stocks are lower,<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>It fell nearly 8%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>fell by more than 5%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars fell more than 2%.</p><p><a href=\"https://laohu8.com/S/SPI\">Solar Impulse</a>It rose by more than 28%,<a href=\"https://laohu8.com/S/KXIN\">Happy car</a>It rose by more than 21%, and education together rose by more than 10%,<a href=\"https://laohu8.com/S/NTES\">Netease</a>Youdao rose by more than 8%,<a href=\"https://laohu8.com/S/WIMI\">Micro-holography</a>rose by more than 6%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>rose by more than 4%,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It rose by more than 3%.</p><p>3. U.S. or boycott Russian crude oil U.S. WTI crude oil closed 3.2% higher</p><p>Crude oil futures prices have been supported as countries such as the United States and Britain consider banning the import of Russian oil. West Texas Intermediate (WTI) crude oil for April delivery rose $3.72, or 3.2%, to close at $119.40 a barrel on the New York Mercantile Exchange. On a near-month contract basis, it was the highest closing price since September 2008, according to FactSet data. Last week, WTI crude oil rose 26.30% cumulatively.</p><p>4. Brent was once close to $140 The possibility of a Russian oil embargo raises crisis fears</p><p>Oil prices posted their biggest daily swing ever, surging to nearly $140 earlier before falling back as the United States said it was considering a ban on Russian crude imports, exacerbating the possibility of tight supplies.</p><p>Brent oil retreated to around $121. Such oil price levels are heightening fears of a major inflationary shock to the global economy. The Biden administration is considering whether to ban Russian oil imports, at least initially, without European allies participating, people familiar with the matter said. Germany said it had no plans to suspend imports of Russian energy, adding to the volatility in the market.</p><p>5. Gold futures closed 1.5% higher on Monday and once broke through the $2,000 mark in intraday session</p><p>Gold futures closed higher on Monday and hit their highest close since August 2020. The conflict between Russia and Ukraine has escalated again, causing risk aversion to rise, pushing the price of gold futures to break through the $2,000 per ounce mark on Monday.</p><p>Gold futures for April delivery on the New York Mercantile Exchange rose $29.30, or 1.5%, to close at $1995.90 an ounce, after rising to $2007.50 an ounce during the session.</p><p>6. European stocks fall into bear market amid surging energy prices</p><p>European stocks fell to their lowest level in a year, with the DAX and the euro zone's Stoxx 50 index closing bear markets as soaring oil prices raised fears that high inflation would hurt economic growth.</p><p>The DAX closed down 2% to its lowest level since November 2020, cumulatively down 21% from a record high in January. The euro zone's Stoxx 50 index closed down 1.2%, also closing in a bear market.</p><p>7. European natural gas prices soared 79%. Market chaos pushed prices to new records</p><p>Europe's benchmark natural gas futures surged 79% to the equivalent of more than $600 a barrel of crude oil, amid the most chaotic trading conditions on record. A surge could trigger massive margin calls, prompting businesses to buy exchange contracts to avoid paying cash, which in turn causes futures prices to soar further.</p><p>Related to the Russia-Ukraine situation</p><p>1. The ceasefire negotiations in the third round of Russia-Ukraine negotiations will continue without substantive results</p><p>After the third round of Russian-Ukrainian negotiations, a member of the Ukrainian delegation said that consultations with Russia on a ceasefire and cessation of hostilities would continue, and that there is still no substantive result on related issues so far. Podolyak, an adviser to the Ukrainian presidential office, also said that the third round of Russia-Ukraine talks failed to achieve results that could substantially improve the situation.</p><p>Mezinsky, head of the Russian delegation, said that Russia hopes that the humanitarian corridor will start operating from tomorrow, and Ukraine has given guarantees to this. Russia's desired goal for talks with Ukraine in Brest Oblast fell short.</p><p>2. The impact of the Russia-Ukraine war has been shown on food shelves in many countries. Worries about the global food crisis are heating up</p><p>The impact of Russia's military campaign in Ukraine on global crop markets has been seen on store shelves.</p><p>A video of people scrambling for lower-priced sunflower seed oil in a store caused buzz amid a rush to buy over the weekend in Turkey amid fears of soaring sunflower oil prices; Some supermarket chain websites are out of stock</p><p>In Egypt, the world's largest importer of wheat, the price of some unsubsidized bread has risen sharply over the past week due to higher costs; In the Greater Cairo area, a pack of five slices of noodles costs about 7.50 Egyptian pounds ($0.48), compared to 5 Egyptian pounds a week ago.</p><p>3. The conflict between Ukraine and Russia subverts the global shipping industry, and shipping rates may rise by two to three times</p><p>The Ukraine-Russia war threatens to upend the global shipping industry, which is recovering from the COVID-19 pandemic. Maersk (AMKBY.US), the largest marine container group, and Mediterranean Shipping have suspended business bookings to and from Russia as sanctions begin to have an impact on trade.</p><p>Glenn Koepke of FourKites, a supply chain consultancy, said shipping rates could even rise two to three times from the current price of $10,000 per 40-foot container.</p><p>International macro</p><p>1. The EU plans to reduce its dependence on Russian gas by nearly 80% this year</p><p>The European Commission is plotting a path to ending its reliance on Russian gas, which could lead to a nearly 80% reduction in import demand this year, according to two officials familiar with the matter. To weaken the Kremlin's leverage, the European Commission revised its energy strategy after Russian President Vladimir Putin launched a military campaign against Ukraine. The plan, which will be submitted Tuesday, includes finding new sources of natural gas and improving energy efficiency, with the goal of weaning itself from Russia well before 2030, an official said.</p><p>2. Members of the U.S. House and Senate reach agreement on the outline of a bill to sanction Russia</p><p>Four top leaders of the U.S. Senate and House of Representatives issued a statement that they have reached an agreement on the outline of the bill sanctioning Russia, saying they will work together to draft bills suspending normal trade relations with Russia and Belarus and authorizing the Biden administration to raise tariffs for both countries.</p><p>3. Russian gold was shut out of the London market. The certification qualifications of all gold smelters were suspended</p><p>The London Gold and Silver Market Association on Monday said it suspended all six Russian gold and silver smelters as merit deliverers following sanctions imposed on Russia by the United States, the European Union and the United Kingdom. Products manufactured by these businesses prior to the eligibility suspension will still be accepted.</p><p>Britain will \"gradually\" wean itself from Russian oil and gas, Prime Minister says</p><p>British Prime Minister Boris Johnson has said Britain will \"gradually\" wean itself from Russian oil and gas in the face of tensions between Russia and Ukraine. He also called on Western countries to work together to secure energy alternatives.</p><p>After meeting with Canadian Prime Minister Trudeau and Dutch Prime Minister Rutte on the same day, Johnson said that Britain will formulate a new energy supply strategy in the coming days, noting that Britain is considering using more of its own fossil fuels. But he also stressed that Britain has not abandoned its commitment to reduce carbon emissions.</p><p>5. The problem of eating is imminent. The EU may consider relaxing the import ban of genetically modified grains and herbicide-related crops</p><p>As the world's major crude oil and grain producers are in turmoil, the European Union, which insists on high standards on rations imports, is also starting to worry about eating.</p><p>The European Union may consider temporarily lifting its ban on imports of genetically modified grains from the United States and South America to help farmers navigate the chaotic times ahead, Spanish Agriculture Minister Luis Planas was quoted as saying by media on Monday. Spain and France have also proposed exemptions for those who have used herbicides<a href=\"https://laohu8.com/S/000061\">Agricultural Products</a>Imports, mainly to increase stocks and to find alternative supply channels for important grains, mainly corn, which are also a major source of animal feed.</p><p>Company News</p><p>1、<a href=\"https://ttm.financial/NW/1133636608\" target=\"_blank\">Uber Raises Q1 Outlook: Consumers Eager to Get Back Around</a></p><p>Uber reportedly raised its first-quarter 2022 results forecast as pandemic-impacted travel demand rebounded faster than expected. At one point, Uber shares were up about 2% in premarket trading on March 7. Meanwhile, shares of rival Lyft are up more than 2%.</p><p>Uber said in a filing with the U.S. Securities and Exchange Commission (SEC) that it now expects its adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) to be between $130 million and $150 million in the first quarter of this year, higher than the previous estimate of between $100 million and $130 million.</p><p>2、<a href=\"https://ttm.financial/NW/1185303476\" target=\"_blank\">Intel's self-driving business unit Mobileye secretly submits IPO application</a></p><p>According to reports, Intel Corporation announced on March 7 that Mobileye, its autonomous vehicle business unit, has secretly submitted a draft Form S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of new Mobileye shares. At present, the number and price of new shares to be offered have not been determined. The IPO date will take place after the SEC completes its evaluation process, and the exact timing will also depend on the market and other conditions.</p><p>3、<a href=\"https://ttm.financial/NW/2217544945\" target=\"_blank\">Tesla Most Bulls: Berlin 'Gigafactory' Approved The Stock's Biggest Suspense Clear</a></p><p>Dan Ives, a well-known Tesla bull and analyst at investment bank Wedbush, said in a note to investors on March 6th that it is crucial for Tesla to get the Berlin \"Gigafactory\" approved for production.</p><p>\"The Tesla stock 'biggest suspense' has been removed after German authorities said Tesla could start production at its new factory in Berlin,\" Ives wrote.</p><p>4、<a href=\"https://ttm.financial/NW/2217448301\" target=\"_blank\">Wedbush: Spring conference coming soon gives Apple an \"outperform\" rating</a></p><p>Apple will hold its 2022 Spring Conference at 10 a.m. local time on March 8 (2 a.m. Beijing time on March 9). It is widely expected to launch a new iPhone SE with 5G capabilities, as well as a new iPad Air and Mac using its M-series chips. Wedbush Securities believes that all of the above products will become \"popular products\" for Apple. Wedbush analyst Dan Ives has an \"outperform\" rating on Apple with a $200 price target.</p><p>5、<a href=\"https://ttm.financial/NW/2217415574\" target=\"_blank\">Coal giant Peabody plunged more than 24% at one point and was forced to add a large margin call as coal prices soared</a></p><p>On Monday, March 7th, Peabody Energy, the world's largest private coal company, once plunged by more than 24% in the US stock market, falling sharply from the nearly three-year high since mid-May 2019 set last Friday, nearly erasing all the gains in the month.</p><p>That's largely due to the company's announcement that, with<a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>A financing arrangement was entered into, with the latter providing a $150 million unsecured multi-drawable credit facility to support \"potential liquidity needs in the near term\" for Peabody, whose coal mines are mainly located in the United States and Australia.</p><p>6、<a href=\"https://ttm.financial/NW/2217541424\" target=\"_blank\">Refuse to follow the trend! Uniqlo's founder says it will continue to operate in Russia</a></p><p>After the escalation of the Russia-Ukraine conflict, while Western countries imposed sanctions on Russia, large European and American enterprises also withdrew from the country. While waves of companies have opted out of the Russian market, others have refused to follow suit and insisted on continuing to operate their operations in Russia.</p><p>7、<a href=\"https://ttm.financial/NW/2217344063\" target=\"_blank\">Buffett talks about increasing holdings of Occidental Petroleum: $4.5 billion invested in five days, buy as much as you can</a></p><p><a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Warren Buffett, chairman of Hathaway, disclosed in an interview Monday that he recently made a big increase in his holdings<a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>The story of the company's shares said that he spent $4.5 billion in five trading days last week to buy 91.2 million shares, worth more than $5 billion at the current share price.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{"SQQQ":"纳指三倍做空ETF",".SPX":"S&P 500 Index","QQQ":"纳指100ETF","QID":"两倍做空纳斯达克指数ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares",".DJI":"道琼斯","03086":"华夏纳指","BK4550":"红杉资本持仓","TQQQ":"纳指三倍做多ETF","BK4561":"索罗斯持仓",".IXIC":"NASDAQ Composite","QLD":"2倍做多纳斯达克100指数ETF-ProShares","BK4534":"瑞士信贷持仓"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198510306","content_text":"摘要：①美股周一大幅收跌，标普跌近3%，纳指跌超3%跌入熊市；②商品期货再度大涨，伦镍一度暴涨近80%；③第三轮俄乌谈判无实质结果，停火磋商将继续进行；④、欧盟计划今年将对俄罗斯天然气的依赖程度降低近80%。海外市场1、收盘：冲突局势与通胀忧虑施压 美股收跌道指下挫800点美股周一大幅收跌，标普跌近3%创逾一年最大跌幅，道指跌近800点，纳指跌超3%、跌入熊市，均创一年新低。道指跌2.37%，纳指跌3.62%，标普500指数跌2.95%。2、热门中概股周一收盘大多走低 小牛电动跌近17% 哔哩哔哩跌超8%热门中概股周一收盘大多走低，小牛电动跌近17%，财报显示Q4净利润同比下降18%；流利说跌超17%，哔哩哔哩跌超8%；新能源汽车股走低，小鹏汽车跌近8%，理想汽车跌超5%，蔚来汽车跌超2%。阳光动力涨超28%，开心汽车涨超21%，一起教育涨超10%，网易有道涨超8%，微美全息涨超6%，好未来涨超4%，高途涨超3%。3、美或抵制俄国原油 美国WTI原油收高3.2%由于美英等国考虑禁止进口俄罗斯石油，原油期货价格得到支撑。纽约商品交易所4月交割的西德克萨斯中质原油（WTI）上涨3.72美元，涨幅为3.2%，收于每桶119.40美元。FactSet数据显示，按照近月合约计算，这是自2008年9月以来的最高收盘价。上周WTI原油累计上涨26.30%。4、布伦特一度接近140美元 俄罗斯石油禁运的可能性引发危机担忧石油价格创有史以来最大单日波幅，早前一度飙升至近140美元的水平，之后回落，因美国表示正在考虑禁止进口俄罗斯原油，加剧了供应紧张的可能性。布伦特油价回落至121美元左右。这样的油价水平正在加剧全球经济遭遇重大通胀冲击的担忧。知情人士称，拜登政府正在考虑至少在初期是否在欧洲盟友不参与的情况下禁止进口俄罗斯石油。德国表示，没有暂停进口俄罗斯能源的计划，加剧了市场的波动。5、黄金期货周一收高1.5% 盘中一度突破2000美元关口黄金期货周一收高并创2020年8月以来的最高收盘价。俄乌冲突再度升级，令避险情绪高涨，推动周一黄金期货价格一度突破每盎司2000美元关口。纽约商品交易所4月交割的黄金期货价格上涨29.30美元，涨幅1.5%，收于每盎司1995.90美元，盘中一度上涨至每盎司2007.50美元。6、欧洲股市在能源价格飙升之际跌入熊市欧洲股市跌至一年来的最低水平，DAX指数和欧元区斯托克50指数收盘进入熊市，因为油价飙升引发了高通胀将损伤经济增长的担忧。DAX指数收盘下跌2％，至2020年11月以来的最低水平，从1月份的创纪录高位累计下跌21％。欧元区斯托克50指数收盘下跌1.2％，也收于熊市。7、欧洲天然气价格飙升79% 市场一片混乱推动价格刷新纪录欧洲基准天然气期货飙升79%，达到相当于每桶原油超过600美元，市场出现了有史以来最为混乱的交易状况。飙升可能引发大规模的追加保证金，促使企业购买交易所合约以避免支付现金，进而导致期货价格进一步飙升。俄乌局势相关1、第三轮俄乌谈判无实质结果 停火磋商将继续进行第三轮俄乌谈判结束后，乌克兰代表团的一名成员表示，与俄罗斯关于停火和停止敌对行动的磋商将继续进行，相关问题到目前仍没有实质性结果。乌克兰总统办公室顾问波多利亚克也表示，俄乌第三轮会谈没取得能实质改善局势的结果。俄罗斯代表团团长梅津斯基则表示，俄方希望人道主义走廊从明天开始运行，乌克兰方面对此给予了保证。俄罗斯对与乌克兰在布列斯特州会谈的预期目标未能实现。2、俄乌战争的影响已在多国食品货架上显现 全球粮食危机忧虑升温俄罗斯在乌克兰开展军事行动给全球农作物市场带来的冲击已在商店货架上显现。由于担心葵花籽油价格飙升，土耳其周末期间出现抢购，民众在一家商店争抢较低价葵花籽油的视频引起热议；部分连锁超市网站缺货在全球最大的小麦进口国埃及，由于成本走高，过去一周部分未受补贴的面包价格大幅上涨；在大开罗地区，一包五片面饼的售价约为7.5埃及镑（0.48美元），而一周前为5埃及镑。3、乌俄冲突颠覆全球航运业 海运费率或将上涨两至三倍乌俄战争有可能颠覆正从新冠肺炎疫情中复苏的全球航运业。随着制裁开始对贸易产生影响，最大的海运集装箱集团马士基（AMKBY.US）和Mediterranean Shipping已经暂停了往返俄罗斯的业务预订。供应链咨询公司FourKites的格伦•克普克表示，海运费率甚至可能从目前每40英尺集装箱1万美元的价格上涨两到三倍。国际宏观1、欧盟计划今年将对俄罗斯天然气的依赖程度降低近80%据两位知情官员透露，欧盟委员会正在规划结束对俄罗斯天然气依赖的路径，这可能导致今年进口需求减少近80%。为削弱克里姆林宫方面的筹码，欧盟委员会在俄罗斯总统普京发动对乌克兰的军事行动后修改能源战略。一位官员表示，这份计划将于周二提交，内容包括寻找新的天然气来源和提高能源效率，目标是远早于2030年摆脱对俄罗斯的依赖。2、美国参众两院议员就制裁俄罗斯的法案大纲达成协议美国参议院和众议院四位高层领导人发表声明，已就制裁俄罗斯的法案大纲达成协议，表示将共同起草法案，暂停与俄罗斯和白俄罗斯的正常贸易关系，并授权拜登政府提高面向两国的关税。3、俄罗斯黄金被伦敦市场拒之门外 所有黄金冶炼商的认证资格均被暂停伦敦金银市场协会周一表示，在美国、欧盟和英国对俄罗斯实施制裁后，该协会暂停了所有六家俄罗斯金银冶炼企业的优良交货商资格。这些企业在资格暂停之前生产的产品仍将被接受。4、英首相表示英国将“逐步”摆脱对俄罗斯石油和天然气的依赖英国首相鲍里斯·约翰逊表示，面对俄乌两国之间的紧张局势，英国将要“逐步”摆脱对俄罗斯石油和天然气的依赖。他同时呼吁西方各国要共同努力确保能源替代方案。约翰逊当天在与加拿大总理特鲁多和荷兰首相吕特会晤之后表示，英国将在未来几天制定新的能源供应战略，并指出英国正在考虑使用更多自己的化石燃料。但他同时强调，英国并没有放弃减少碳排放的承诺。5、吃饭问题迫在眉睫 欧盟或考虑放宽转基因谷物和涉除草剂作物进口禁令随着全球主要原油和粮食产地卷入动荡，在口粮进口问题上坚持高标准的欧盟也开始担忧起吃饭问题。据媒体周一援引西班牙农业大臣路易斯·普拉纳斯(Luis Planas)称，欧盟可能会考虑临时取消从美国和南美进口转基因谷物的禁令，帮助农民度过眼下这段混乱的时光。西班牙和法国也已经提议豁免使用过除草剂的农产品进口，主要是为了增加库存以及寻找以玉米为主的重要谷物替代供应渠道，这些产品也是动物饲料的主要来源。公司新闻1、Uber调高第一季度业绩预期：消费者渴望重新出行据报道，Uber上调了2022年第一季度业绩预期，原因是疫情影响的出行需求的反弹速度快于预期。3月7日盘前交易中，Uber股价一度上涨约 2%。与此同时，竞争对手Lyft的股价也上涨了2%以上。Uber在提交给美国证券交易委员会（SEC）的文件中称，现预计，今年第一季度调整后的EBITDA（息税折旧及摊销前利润） 将在1.3亿美元至1.5亿美元之间，高于之前预期的1亿美元至1.3亿美元之间。2、英特尔自动驾驶业务部门Mobileye秘密提交IPO申请据报道，英特尔公司3月7日宣布，旗下自动驾驶汽车业务部门Mobileye已向美国证券交易委员会（SEC）秘密提交Form S-1注册声明草案，拟首次公开发行（IPO）Mobileye新股。目前，新股发售数量和价格尚未确定。IPO日期将在SEC完成评估程序后进行，具体时间还要取决于市场和其他条件。3、特斯拉大多头：柏林“超级工厂”获批 该股最大悬念被清除特斯拉知名大多头、投行Wedbush分析师Dan Ives于3月6日在给投资者的一份报告中表示，柏林“超级工厂”获批生产对特斯拉来说至关重要。Ives写道，“在德国当局表示特斯拉可以在柏林的新工厂开始生产后，特斯拉股票‘最大悬念’已经被消除。”4、Wedbush：春季发布会即将召开 予苹果“跑赢大盘”评级苹果将于当地时间3月8日上午10点（北京时间3月9日凌晨2点）举办2022年春季发布会。市场普遍预计它将推出具有5G功能的新款iPhone SE，以及使用其M系列芯片的新iPad Air和Mac。Wedbush Securities认为，以上所有产品将成为苹果的“受欢迎产品”。Wedbush分析师Dan Ives予苹果“跑赢大盘”评级，目标价为200美元。5、煤炭巨头皮博迪一度暴跌超24%，被迫在煤价飙升时追加大额保证金3月7日周一，全球最大的私营煤炭公司皮博迪能源在美股市场一度暴跌超24%，从上周五所创的2019年5月中旬以来近三年高位大幅回落，接近抹去月内全部涨幅。这主要是由于公司发布公告称，与高盛达成一项融资安排，后者提供1.5亿美元的无担保可多次提取信贷额度，以支持煤矿主要位于美国和澳大利亚的皮博迪公司“近期内潜在的流动性需求”。6、拒绝跟风！优衣库创始人称将继续在俄经营业务俄乌冲突升级以后，西方国家对俄罗斯采取制裁措施的同时，欧美大型企业也纷纷从该国撤离。尽管一波又一波的公司选择退出俄罗斯市场，但也有公司拒绝跟风，坚持继续运营在俄罗斯的业务。7、巴菲特谈增持西方石油：五天投了45亿美元，能买多少买多少伯克希尔哈撒韦公司董事长沃伦-巴菲特在周一的一次采访中披露了他最近大手笔增持西方石油公司股份的经过，称他在上周五个交易日内豪掷45亿美元，买入了9120万股，按当前股价计算价值超过了50亿美元。","news_type":1,"symbols_score_info":{"03086":0.9,"NQmain":0.9,"PSQ":0.9,"SQQQ":0.9,"QLD":0.9,".DJI":0.9,".SPX":0.9,"MNQmain":0.9,".IXIC":0.9,"QQQ":0.9,"QID":0.9,"TQQQ":0.9}},"isVote":1,"tweetType":1,"viewCount":3773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004909056,"gmtCreate":1642465876690,"gmtModify":1676533712838,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004909056","repostId":"1176644706","repostType":4,"repost":{"id":"1176644706","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1642433272,"share":"https://ttm.financial/m/news/1176644706?lang=en_US&edition=fundamental","pubTime":"2022-01-17 23:27","market":"us","language":"zh","title":"News says NIO expands its lease office in California, or is preparing to start sales in the United States","url":"https://stock-news.laohu8.com/highlight/detail?id=1176644706","media":"老虎资讯综合","summary":"新的美国总部将支持蔚来汽车的研究和数字开发、测试、组装、仓储和运营。","content":"<p><html><head></head><body>It is reported that,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automotive's U.S. subsidiary recently signed a ten-year lease for an office building in San Jose, California, doubling the floor space of its headquarters from the current one, with an expanded office space of nearly 18,580 square meters.</p><p>The lease was brokered by real estate firm Colliers, according to a Mercury News investigation, which noted that the new U.S. headquarters will support research and digital development, testing, assembly, warehousing and operations of Nio vehicles. It was previously reported that Nio North America opened up job postings on LinkedIn for 46 positions, including Head of User Infrastructure Building and Readiness.</p><p><img src=\"https://static.tigerbbs.com/6c3ad3a29ec10b9d0e9777301dc4e23b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>News says NIO expands its lease office in California, or is preparing to start sales in the United States</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNews says NIO expands its lease office in California, or is preparing to start sales in the United States\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-01-17 23:27</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>It is reported that,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automotive's U.S. subsidiary recently signed a ten-year lease for an office building in San Jose, California, doubling the floor space of its headquarters from the current one, with an expanded office space of nearly 18,580 square meters.</p><p>The lease was brokered by real estate firm Colliers, according to a Mercury News investigation, which noted that the new U.S. headquarters will support research and digital development, testing, assembly, warehousing and operations of Nio vehicles. It was previously reported that Nio North America opened up job postings on LinkedIn for 46 positions, including Head of User Infrastructure Building and Readiness.</p><p><img src=\"https://static.tigerbbs.com/6c3ad3a29ec10b9d0e9777301dc4e23b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3380231cb191ca9bea37a0c70765537d","relate_stocks":{"NIO":"蔚来"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176644706","content_text":"据悉，蔚来汽车美国子公司最近签署了一份为期十年的加利福尼亚州圣何塞办公楼租约，将其总部的占地面积相比当前翻了一番，扩租后的办公室将近18,580平米。Mercury News的调查显示，该租约由房地产公司高力（Colliers）促成，该公司指出，新的美国总部将支持蔚来汽车的研究和数字开发、测试、组装、仓储和运营。此前报道称，蔚来北美在LinkedIn上开放了对46个职位的招聘信息，包括用户基础设施建设和准备负责人。","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004900734,"gmtCreate":1642465864220,"gmtModify":1676533712821,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004900734","repostId":"1176644706","repostType":4,"repost":{"id":"1176644706","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1642433272,"share":"https://ttm.financial/m/news/1176644706?lang=en_US&edition=fundamental","pubTime":"2022-01-17 23:27","market":"us","language":"zh","title":"News says NIO expands its lease office in California, or is preparing to start sales in the United States","url":"https://stock-news.laohu8.com/highlight/detail?id=1176644706","media":"老虎资讯综合","summary":"新的美国总部将支持蔚来汽车的研究和数字开发、测试、组装、仓储和运营。","content":"<p><html><head></head><body>It is reported that,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automotive's U.S. subsidiary recently signed a ten-year lease for an office building in San Jose, California, doubling the floor space of its headquarters from the current one, with an expanded office space of nearly 18,580 square meters.</p><p>The lease was brokered by real estate firm Colliers, according to a Mercury News investigation, which noted that the new U.S. headquarters will support research and digital development, testing, assembly, warehousing and operations of Nio vehicles. It was previously reported that Nio North America opened up job postings on LinkedIn for 46 positions, including Head of User Infrastructure Building and Readiness.</p><p><img src=\"https://static.tigerbbs.com/6c3ad3a29ec10b9d0e9777301dc4e23b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>News says NIO expands its lease office in California, or is preparing to start sales in the United States</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNews says NIO expands its lease office in California, or is preparing to start sales in the United States\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2022-01-17 23:27</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>It is reported that,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Automotive's U.S. subsidiary recently signed a ten-year lease for an office building in San Jose, California, doubling the floor space of its headquarters from the current one, with an expanded office space of nearly 18,580 square meters.</p><p>The lease was brokered by real estate firm Colliers, according to a Mercury News investigation, which noted that the new U.S. headquarters will support research and digital development, testing, assembly, warehousing and operations of Nio vehicles. It was previously reported that Nio North America opened up job postings on LinkedIn for 46 positions, including Head of User Infrastructure Building and Readiness.</p><p><img src=\"https://static.tigerbbs.com/6c3ad3a29ec10b9d0e9777301dc4e23b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3380231cb191ca9bea37a0c70765537d","relate_stocks":{"NIO":"蔚来"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176644706","content_text":"据悉，蔚来汽车美国子公司最近签署了一份为期十年的加利福尼亚州圣何塞办公楼租约，将其总部的占地面积相比当前翻了一番，扩租后的办公室将近18,580平米。Mercury News的调查显示，该租约由房地产公司高力（Colliers）促成，该公司指出，新的美国总部将支持蔚来汽车的研究和数字开发、测试、组装、仓储和运营。此前报道称，蔚来北美在LinkedIn上开放了对46个职位的招聘信息，包括用户基础设施建设和准备负责人。","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9997909890,"gmtCreate":1661730964412,"gmtModify":1676536567353,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9997909890","repostId":"1121676163","repostType":4,"repost":{"id":"1121676163","kind":"news","pubTimestamp":1661656248,"share":"https://ttm.financial/m/news/1121676163?lang=en_US&edition=fundamental","pubTime":"2022-08-28 11:10","market":"other","language":"zh","title":"Crash again! Bitcoin fell below $20,000 and 100,000 people exploded in one day","url":"https://stock-news.laohu8.com/highlight/detail?id=1121676163","media":"每日经济新闻","summary":"最大单笔爆仓高达1099万美元。","content":"<p><div>Since the beginning of this year, the currency circle has been \"thundering\" and continued to stage super storms. On August 27th, the price in Bitcoin plummeted, falling by nearly $900 in the day, and the lowest drop was $19,931, which plummeted by more than 69% from the highest point of $64,900 this year on April 14th, setting a new low since July 14th. The global cryptocurrency market shrank by $70.63 billion in market capitalization in the last 24 hours, according to Watcher.Guru data. As of press time, Bitcoin was trading at $20,005.22, down 1.2%. At the same time, the futures contract market continues to explode. Coin world data shows that virtual currency...</p><p><a href=\"http://www.nbd.com.cn/articles/2022-08-28/2434508.html\">Web link</a></div></p>","source":"mrjjxw","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crash again! Bitcoin fell below $20,000 and 100,000 people exploded in one day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrash again! Bitcoin fell below $20,000 and 100,000 people exploded in one day\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">每日经济新闻</strong><span class=\"h-time small\">2022-08-28 11:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>Since the beginning of this year, the currency circle has been \"thundering\" and continued to stage super storms. On August 27th, the price in Bitcoin plummeted, falling by nearly $900 in the day, and the lowest drop was $19,931, which plummeted by more than 69% from the highest point of $64,900 this year on April 14th, setting a new low since July 14th. The global cryptocurrency market shrank by $70.63 billion in market capitalization in the last 24 hours, according to Watcher.Guru data. As of press time, Bitcoin was trading at $20,005.22, down 1.2%. At the same time, the futures contract market continues to explode. Coin world data shows that virtual currency...</p><p><a href=\"http://www.nbd.com.cn/articles/2022-08-28/2434508.html\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.nbd.com.cn/articles/2022-08-28/2434508.html\">每日经济新闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/962be253ee7459c393769e9105cb1429","relate_stocks":{"GBTC":"比特币ETF-Grayscale"},"source_url":"http://www.nbd.com.cn/articles/2022-08-28/2434508.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121676163","content_text":"今年以来，币圈“雷声阵阵”，持续上演超级风暴。8月27日，比特币价格直线暴跌，日内跌近900美元，最低跌至19931美元，较4月14日的今年以来最高点64900美元，暴跌超69%，刷新7月14日以来新低。Watcher.Guru数据显示，在过去24小时内，全球加密货币市场市值缩水706.3亿美元。截至发稿，比特币报20005.22美元，跌1.2%。同时，期货合约市场爆仓不断。币界数据显示，虚拟货币合约一日内共爆仓近28亿元人民币，波及10万人，其中最大单笔爆仓高达1099万美元。8月26日晚间，美联储主席杰罗姆鲍威尔的8分钟讲话中表示，美国很可能会继续加息。在鲍威尔的评论之后，不仅美股暴跌，整个加密货币也大崩盘。虚拟货币全线崩溃在20000美元点位拉扯一周之后，8月27日，比特币价格急转直下，一日暴跌近900美元，最低跌至19931美元，较4月14日的今年以来最高点64900美元，暴跌超69%。据中国证券报报道，币界数据显示，虚拟货币合约一日内共爆仓近28亿元人民币，波及10万人，其中最大单笔爆仓高达1099万美元。图片来源：币界Glassnode数据显示，比特币交易活跃地址已创下今年以来新低，比特币的交易活跃度走向今年的底部区间，关注的人数逐渐减少。Alternative.me显示，8月27日，恐慌与贪婪指数为28，恐慌程度较昨日略有下降，等级仍为恐慌。最近一周，比特币市场的恐慌情绪格外严重。有业内人士认为，由于最近几个月美国股票和加密货币之间的紧密相关性，表明美联储的态度已经渗透到虚拟货币市场，这是近期比特币遭遇抛售的原因。比特币永续期货市场多头头寸的清算也可能加剧这一趋势。BitMEX前首席执行官Arthur Hayes此前表示，20000美元和1000美元分别代表了比特币和以太坊的价格支撑位，如果被突破，将引发“巨大的抛售压力”。比特币交易所Swan的比特币分析师Sam Callahan也认为，根据此前虚拟货币熊市的经验，比特币可能会从历史高点下跌80%以上。这意味着比特币将跌至13800美元。比特币仍有下行空间2020年12月中旬，价格首次突破2万美元的比特币彻底燃起投资者热情，由此开启了长达一年的暴涨模式，并于2021年11月份一度逼近6.9万美元，创下历史最高价。进入2022年，行情急转直下，比特币价格一路下跌并于6月18日跌破2万美元，击破投资者心理防线，大量的抛售促使比特币价格进一步于6月19日跌破1.8万美元。随后，比特币价格企稳并小幅反弹，在8月中旬反弹至25205高点。据证券日报报道，中国通信工业协会区块链专委会共同主席、火大教育校长于佳宁对记者表示，当下市场处于美联储加息阶段的探底行情中，美国CPI高企，意味着美联储此前的加息政策并没有有效缓解国内通胀压力，未来或许会采取更激进的政策。美联储后续加息次数、基准利率调节、缩表规模还存在很大的未知性。全球金融市场受到挑战，比特币也由此受到影响。“很多主流加密资产价格仍由锚定美元的稳定币来体现，受美元政策和美国市场影响较大，某种程度上可以视作美股等主流交易市场的次级市场，如此次比特币暴跌是受美国经济衰退风险影响，从而传导至加密资产市场。”欧易研究院高级研究员赵伟对记者表示。图片来源：摄图网-501024898“受美联储加息影响，作为波动性较大的加密资产，比特币等虚拟币易受到市场恐慌影响而被抛售。”工信部工互联网区块链重大项目评审专家、北邮科技园元宇宙产业协同创新中心执行主任陈晓华对记者表示，从全球投资市场整体基调行情来看，比特币并未出现明确的回暖信号，价格或进一步下探。于佳宁认为，若美联储采取更严格的加息手段来抑制通胀，后续或进一步下行。据中国证券报报道，对于接下来虚拟货币的走势，Coinbase预计，今年三季度交易量可能更加疲软，每月平均交易用户可能降低至700万-900万区间。多家虚拟货币投资机构近期均宣布大规模裁员，包括虚拟货币借贷平台BlockFi，虚拟货币交易平台Crypto.com、Gemini，总部位于阿根廷的交易平台Buenbit。其中，Buenbit已于5月份解雇45%的员工。业界认为，以比特币为代表的虚拟币市场暴跌并不会对全球经济发展造成冲击。于佳宁表示，一方面，加密资产市场总市值不足万亿美元，体量相对较小，难以影响全球经济发展。另一方面，加密资产市场和传统金融市场联系较为薄弱，其波动蔓延至现实经济的可能性不大。","news_type":1,"symbols_score_info":{"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":3383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9060473002,"gmtCreate":1651191059622,"gmtModify":1676534866524,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9060473002","repostId":"1176249216","repostType":4,"repost":{"id":"1176249216","kind":"news","weMediaInfo":{"introduction":"预判经济形势，解读公共政策，提供及时信息，推送专业报告。","home_visible":1,"media_name":"泽平宏观","id":"49","head_image":"https://static.tigerbbs.com/947583bee22e443aa795464217837990"},"pubTimestamp":1651127570,"share":"https://ttm.financial/m/news/1176249216?lang=en_US&edition=fundamental","pubTime":"2022-04-28 14:32","market":"sh","language":"zh","title":"How do investment gurus survive their darkest hours?","url":"https://stock-news.laohu8.com/highlight/detail?id=1176249216","media":"泽平宏观","summary":"在市场的至暗时刻，我们愿意传递理性、专业和信心。让我们看看那些世界级投资大师如何度过市场的至暗时刻，或许能给大家带来一些启发。","content":"<p><html><head></head><body>Buffett said: \"I am greedy when others are panicking, and I panic when others are greedy\".</p><p>What goes up is risk, and what goes down is opportunity. Real investors should be more pessimistic about good companies and stocks as they rise, and more optimistic as they fall. Investing is anti-human, so only a few people are destined to succeed. What we need to do is to improve our thinking and cognition. Investment is essentially the realization of cognition.</p><p>Regardless of individual stocks or the broader market, the bottom is not a point, but a range. If you buy early, you may experience the darkest moment. However, buying cheap is the last word, and greatness comes out of it. Value investing is being a friend of time.</p><p>We are willing to deliver rationality, professionalism and confidence in the market's darkest moments.</p><p>Let's see how those world-class investment gurus survive the market's darkest moments, and perhaps give you some inspiration.</p><p><b>How Buffett survived his darkest moments</b><b>1.1 Not afraid of \"Black Monday\" and decisively bargain-hunting against the trend<a href=\"https://laohu8.com/S/KO\">Coca Cola</a></b></p><p>On Black Monday, October 19, 1987, the U.S. stock market crashed.<b>The Dow Jones Industrial Average fell 508.32 points, or 22.62 percent. If calculated in terms of market value, nearly 500 billion dollars evaporated on this day, and the GDP of the United States was about 4.87 trillion yuan that year, falling by more than 1/10 of GDP in a single day.</b>The plunge of U.S. stocks triggered a global financial tsunami, and the stock markets in London, Frankfurt, Tokyo, Sydney, Hong Kong, Singapore and other places plunged one after another.</p><p><b>Warren Buffett lost $342 million on this day. In a week, Buffett's<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Hathaway's share price plunged 25%.</b>However, unlike ordinary investors, Buffett didn't jump to sell stocks in a hurry after the big loss, nor did he ask around for news. According to media reports,<b>All day long, he stayed in his office as quietly as usual, talking on the phone, reading newspapers and reading the annual reports of public companies.</b></p><p>At the shareholders' meeting of Buffett Group held later,<b>Some media asked him what the stock market crash in 1987 meant. Buffett calmly answered at that time, \"Maybe it has gone too high.\"\"Long-term investment, being a friend of time\", \"buying excellent companies at a reasonable price\", \"It is meaningless to predict the market, so we should pay attention to the company itself\" and so on were all investment creeds put forward by Buffett at that time.</b></p><p>Buffett firmly believes that the stock crash will pass, the stock market will return to normal, and the stock prices of quality companies will ultimately reflect their intrinsic value. He firmly believes in his investment philosophy and strives to find companies with long-term sustained competitive advantages.<b>After the stock market plunged, a calm Buffett began to \"pick up the bargain\". That is, in 1988, Buffett bought the good stock that would make him a lot of money for the next few decades-Coca-Cola.</b>Since the initial purchase in 1988, Coca-Cola has been one of Buffett's heavyweight stocks.<b>In 2022, in the face of global financial market instability, Coca-Cola swam upstream and its share price hit a record high.</b></p><p><b>1.2 If you wait until the robin calls, you will miss the whole spring</b></p><p><b>When the financial crisis struck in 2008, at the darkest moment when the market was full of panic, Buffett wrote in October of that year in \"<a href=\"https://laohu8.com/S/NYT\">The New York Times</a>\"published the famous\" I'm Buying America \"</b>：</p><p>\"Financial markets are in disarray, both in the United States and elsewhere in the world. The financial crisis has penetrated the general economy, and now this penetration has become a blowout, and in the near future, unemployment will rise.<b>Business activity will stall and the headlines continue to be frightening news. So I started buying US stocks.</b></p><p><b>Why? Because I adhere to a simple tenet: I am fearful when others are greedy, and I am greedy when others are fearful.</b></p><p>Of course, in most cases fear spreads, and even seasoned investors can't resist this fear. However, it is certain that investors should be wary of weakly competitive but overleveraged entities or businesses.<b>But for many competitive companies, there is no need to worry about their long-term prospects. The profits of these companies will also be up and down, but most large companies will set new profit records in five, 10, or 20 years.</b></p><p><b>To be clear, I can't predict the short-term movement of the stock market, and I dare not speak falsely about the ups and downs of stocks within a month or a year. However, there is a scenario that is likely to occur. Before confidence regains or the economy recovers, the stock market will rise and possibly surge. If you wait until the robin calls, you will miss the whole spring. \"</b></p><p><b>Five months after the publication of \"I'm Buying America\", U.S. stocks began a bottom out, ushering in a decade-long bull market. Buffett and his Berkshire once again realized asset appreciation.</b>The Dow rose from a low of 6,440 to 36,952 in the 12-year period from 2009 to the end of 2021, an increase of<b>5.7 times</b>； The S&P 500 rose from a low of 666 to 4,818,<b>Increase 7.23x</b>； The Nasdaq rose from a low of 1,265 to 16,212,<b>Increase 12.8x</b>。</p><p><b>1.3 Investment Quotes</b></p><p><b>1) You are fearful when others are greedy, and you are greedy when others are fearful.</b></p><p><b>2) When some big companies have a temporary crisis, or the stock market falls, and there is a profitable trading price, we should not hesitate to buy their shares.</b></p><p><b>3) Good opportunities are the kind that scream for you to buy. For example, in 2008, asset prices were cheap, so you can't be afraid at this time. In your lifetime investment career, this kind of great opportunity of falling gold from the sky can be encountered about six times.</b></p><p>4) The good thing about investing is that you don't need to swing at every thrown ball. The trick of investing is to sit there and watch the balls thrown in, and<b>Waiting for the one who hits the sweet spot.</b></p><p><b>5）</b>Good companies are subject to market reversal and unreasonable stock prices and fall, and great investment opportunities are coming.<b>I prefer to see the market fall, and it is easier to buy good goods and use the money well when it falls sharply.</b></p><p><b>6) Invest in businesses rather than stocks. It's foolish to own a stock and expect it to rise tomorrow morning.</b></p><p><b>7) When a powerful large company encounters a huge but resolvable crisis, a great investment opportunity quietly arrives.</b></p><p><b>2. How Munger survived his darkest moments</b><b>2.1 There are also difficult moments behind brilliant achievements. Investment should be good at \"waiting\", and greatness comes out of it</b></p><p>Munger is Buffett's gold partner and vice chairman of Berkshire Hathaway. He and Buffett teamed up to create the all-time<b>Best investment record-an average annual compound rate of return of more than 20%.</b></p><p><b>There are also difficult moments behind the brilliant investment achievements. Munger lost 31.9% in 1973,</b>In contrast, the Dow Jones Industrials fell 13.1%; It lost 31.5% in 1974, and the Dow fell 23.1%. Of those two years, Munger himself later said: \"It was a difficult experience — 1973 to 1974 was a very unpleasant experience.\"</p><p>But nevertheless, looking back at that decline, Munger<b>Still thinks that most stock prices have dropped to drooling lows in those two years, which is a very good opportunity,</b>He even lamented that he and Buffett may never see these opportunities again. \"We were crushed by the market between 1973 and 1974 because our shares had to trade at less than half of their true value,\" Munger said.</p><p><b>The right choices made at the toughest times will pay off.</b>At the end of 1974, 61% of its funds were invested in blue-chip printing companies. In the worst bear market since the Great Depression, blue-chip printing companies brought a greater degree of pullback/retracement to Munger's portfolio. However, the blue-chip printing company later served as an important asset of the fund, providing a large amount of money for the subsequent acquisitions of See's Candy, Buffalo Evening News and Wesco Financial Corporation.</p><p><b>The secret to Munger's investment success lies not in buying and selling for wealth, but in waiting. Munger believes that if you want to make big money, you have to be good at waiting. Rather look silly than go with the flow impatiently. Munger's investment wisdom, in fact, is not a profound truth, the difficulty is to carry out and persist seriously, the waiting process is anti-human</b>，<b>Many people can't do it.</b></p><p><b>One of the most important reasons why Buffett and Munger became masters is that they understood the core truth at a very young age and stuck to it for a lifetime.</b>In Munger's opinion,<b>If you can't take the market down more than 50% two, three or more times in a century in stride, you're not a good investment</b>And compared with those investors who can rationally handle market fluctuations, they can only get relatively mediocre investment returns.</p><p>Under the guidance of Munger, Buffett has also iteratively updated his investment over the years, no longer obsessed with the early investment concept of \"low-priced cigarette butt stocks\", but broadened his horizons.<b>invested in<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Wait for a group of technology growth companies, also look around the world, invested in<a href=\"https://laohu8.com/S/002594\">BYD</a>And other rising Chinese companies.</b></p><p><b>2.2 Investment Quotes</b></p><p>1）<b>What Buffett and I did, we bought things that had promise. Sometimes we have economic tailwinds, sometimes we have headwinds, but no matter what, we keep going</b>。</p><p>2) To make an investment, you don't need a lot of action, but<b>A lot of patience</b>。</p><p><b>3) If you can't take the market down more than 50% in stride, you are not suitable for investing.</b></p><p>4）<b>Learn to bear losses</b>You need the ability to not go crazy even in the face of loss and adversity.</p><p><b>How Howard Marks survived his darkest moments</b><b>3.1 Fully recognize the \"routine\" of bull and bear markets, go against the trend and not follow the crowd</b></p><p>Howard Marks is a renowned investment guru, U.S.<a href=\"https://laohu8.com/S/OAK\">Oaktree Capital</a>Founder of Management Ltd. When he first entered the industry, an old man told him a routine about the bull market. The old man said,<b>The bull market is actually very simple, divided into three stages</b>: Phase I,<b>A few visionaries are beginning to believe that everything will be better</b>； In the second phase, most investors realize that progress has indeed occurred; And when we get to the third stage,<b>Everyone asserts that everything will always be better-when consensus transcends common sense, the bull market comes to an end.</b></p><p>Howard Marks discovered the subprime crisis in 2008<b>The bear market also has three stages:</b>First, a few investors smelled the risk in the frenzy; Then most investors began to feel the deterioration;<b>In the end, everyone is immersed in pessimism, believing that the situation will only get worse, and that the bear market may see the bottom.</b></p><p>Max believes,<b>The key to successful investing is going against the trend – not following the herd. The most interesting thing about investing is its paradoxical nature, and the most obvious and agreeable things often turn out to be wrong. Only when most people don't see the value of the investment, will the price fall below the value. The key to success cannot be the judgment of the group</b>Trends and group consensus are factors that hinder success. As a result, most investors are trend-followers, and prominent investors are the opposite, they<b>Using Second Level Thinking</b>Avoiding similar portfolios, proceeding<b>Contrarian investment</b>。</p><p><b>3.2 Understanding that the market is not completely \"effective\" and looking for the perfect moment</b></p><p><b>The core logic that supports Max to dare to operate against the market is his insight into the effectiveness of the market.</b>The efficient market hypothesis holds that in the stock market with sound relevant laws, high transparency and sufficient competition, all available information has been timely, accurately and fully reflected in asset prices, unless there is market manipulation.<b>In Marx's view, efficient market theory is not the whole truth of financial markets. Mainstream markets are indeed becoming more and more effective, but their ineffectiveness will always be there.</b>Because people are a synthesis of reason and sensibility, and most people are driven by greed, fear, jealousy and other emotions that destroy objectivity and lead to major mistakes, the market price given by people cannot be absolutely fair, that is, it will not always be valid or invalid.</p><p>In 2008, with the collapse of Lehman Brothers, Wall Street was panicked, and some even predicted that the whole financial system was about to collapse, which followed a frenzy of asset selling.<b>But in the three months following Lehman Brothers' bankruptcy, Oaktree bucked the market and spent more than $6 billion to buy senior guaranteed bonds of highly leveraged companies such as utilities for about 50% less than their actual face value.</b>Eventually, as the economy recovered, most of the bonds that took over were repaid at face value within months,<b>Oak doubled its gains and became one of the few big winners of the financial crisis.</b></p><p>Invested by Howard Marks<b>The way to success lies in his good at acting against the trend, not panicking when the crisis comes, and operating against the market through his second-level thinking and comprehension of market effectiveness.</b>Successful investments<b>Not about \"buying good\", but about \"buying good\"</b>, i.e.<b>Buy below value, wait for the price of the asset to move closer to value,</b>Is the true meaning of investment, the most reliable way to make money.</p><p><b>3.3 Investment Quotes</b></p><p>1）<b>Investing excellence requires a second level of thinking, a more complex and insightful way of thinking that is different from ordinary people.</b>What is Second Level Thinking?</p><p><b>The first level of thinking says: companies will have the prospect of sluggish growth and rising inflation. Let's get rid of the stock. The second level of thinking says: The outlook for the company is terrible, but everyone is selling stocks in panic, and we should buy.</b></p><p>The first level of thinking says: This company's profits will fall, sell. Second-level thinking: This company's profits will fall less than people expect, and there will be unexpected surprises that will push the stock up. Buy in.</p><p>The first level of thinking says: This is a good company, let's buy the stock. The second level of thinking says: This is a good company, but everyone thinks it is a good company, so it is not a good company. The stock is overvalued and overpriced, let's sell the stock.</p><p><b>The first level of thinking is simple and superficial, and almost everyone can do it. The second level of thinking is deep, complex and circuitous.</b></p><p>2）<b>You can't expect to win when you do the same thing as others</b>Breaking out of routine is not an end, but a nice way of thinking. To make money when there is a crisis:<b>The first must be rich, the second must be brave, dare to invest this money</b>。 When you have both, that's the formula for success.</p><p>3) To some extent,<b>Trends, group consensus are factors that hinder success</b>The same portfolio is something we should avoid. Because of the pendulum swing of the market or the cyclical nature of the market, obtaining<b>The key to ultimate victory lies in contrarian investing.</b></p><p>4）<b>Keep in mind that everything has a cycle. Cycles always win at the end. Nothing can go in the same direction forever. Trees don't grow to the sky. Very few things go to zero. Insisting on speculating about the future based on today's events is the greatest harm to investors' investment activities.</b></p><p>5）<b>Sentiment swings in securities markets are similar to pendulum motion.</b>When things are good and prices are high, investors can't wait to buy, leaving all caution behind. When the surrounding environment is chaotic and assets are cheap to sell, investors completely lose the willingness to take risks and can't wait to sell. Always so.</p><p><b>4. How Dario survives his darkest hours</b><b>4.1 Bridgewater Fund's all-weather strategy emphasizes proactively seizing suitable market opportunities</b></p><p>Dario is the founder of Bridgewater, the world's largest hedge fund, with assets under management exceeding $200 billion.</p><p>Dalio puts forward an \"all-weather strategy\", emphasizing the use of<b>Scientific Economic Quantitative Model for Active Asset Management</b>, fusion<b>Macroeconomic prediction, asset class selection, portfolio risk management</b>Three major areas, create a complete set of asset management system. By analyzing the macroeconomic environment, dividing different stages according to the economic growth and inflation level, looking for asset classes suitable for each state, and then allocating stocks, commodities and bonds to build the final investment portfolio.</p><p><b>4.2 Responding to a Crisis: Rather than complaining about danger, seize opportunity</b></p><p><b>Dario proved to many investors that instead of passively complaining about the market, it is better to actively respond to risks, adjust the investment mentality according to the market state, and restructure the investment portfolio. Thus, Bridgewater Fund has performed well in many crises.</b></p><p><b>Black Monday 1987</b>, Dario's Bridgewater Fund bucks the trend<b>Earned a high yield of 22%.</b></p><p><b>Year 2008</b>The hedge fund industry as a whole is bleak, with many funds performing very poorly. Many prominent financial institutions were at risk, Lehman Brothers collapsed and Bear Stearns was taken over by other financial institutions.<b>Bridgewater, however, bucked the trend and gained a positive return of 14%.</b></p><p><b>When the sovereign debt crisis broke out in Europe in 2010, the overall performance of the industry was also very dismal, but Bridgewater</b>Excellent performance again.<b>Its \"Pure Alpha Fund\", with a scale of $70 billion, earned 45% in 2010,</b>Bridgewater's overall rate of return also reached an all-time high this year.</p><p><b>Crisis can make people grow. Crisis is both danger and opportunity. There is opportunity in danger. Easier said than done, but Dario really did this, turning danger into opportunity and gaining high profits amid market turmoil.</b></p><p>In<b>The Principles</b>In one book, Dario shares three things he learned during the market crash:</p><p><b>First, you should not be outrageously overconfident and indulge yourself in being swayed by emotions.</b>No matter how much I know, no matter how diligent I am, I should never confidently make absolute assertions.</p><p>Second, once again, I understand<b>The value of studying history</b>；</p><p>Third,<b>It is difficult for most people to time the market</b>。</p><p><b>4.3 Investment Quotes</b></p><p>1) Committed by investors<b>The biggest mistake is, thinking that what has happened recently is likely to last.</b></p><p><b>2) I'm not immersed in the present.</b></p><p><b>3）</b>Investors are always prone to making the decision to sell when the market goes down. It is not a wise strategy to submit to fear, because it will not lead to success. Instead, when the market goes down, investors need to do the opposite:<b>When you no longer feel fear, you may need to sell; When you feel fear, you may need to buy in.</b></p><p><b>4）</b>A wise person is always focused on sound fundamentals through all the ups and downs, and<b>Flirty people follow their feelings, react emotionally, rush to what's hot, and give up immediately when it's not hot.</b></p><p><b>5. How Graham survived his darkest moments</b><b>5.1 Buy at a low price + risk protection, do not withdraw to cope with the stock market downturn</b></p><p>Benjamin Graham has a reputation as the \"Godfather of Wall Street\". Representative works include Securities Analysis, Smart Investor, etc. He thinks that the world<b>There is no way to get rich overnight, and often the easiest way is the best way.</b>He suggested that investors should hold the right attitude, trust common sense judgment and think for themselves.<b>An investor must not only possess good enterprise analysis and judgment ability, but also possess a rational ability to isolate his thoughts and behaviors from those emotions hovering in the market, so as to achieve investment success.</b></p><p>In 1936, Wall Street fell into another downturn, and for most investors, it was about to face another round of severe tests.<b>At this time, Graham did not fall into pessimism like other investors, but made full use of stock investment analysis methods to search for stocks worth investing in.</b>He does not pay attention to the past performance of individual stocks to predict the future trend of the securities market or the future outlook of individual stocks, but mainly<b>Whether the stock market value is lower than its intrinsic value as the judgment standard</b>Especially those stocks below their liquidation value are his focus.</p><p><b>Graham bought a lot of low-priced shares for Graham Newman during the stock market downturn,</b>Moreover, Graham, like before the 1929 stock market crash, took all kinds of hedging measures for every investment, and this time he protected his assets more fully.<b>On the one hand, Graham adopts the method of diversifying investment to avoid risks; on the other hand, he invests in preferred shares, uses preferred shares to obtain low-interest financing, and at the same time, he can obtain about half of the dividend, while common shares do not guarantee dividends, so as to achieve the purpose of avoiding risks.</b></p><p>Graham's investment strategies and investment techniques show both resilience to sustained downturns and profitability in weak markets.<b>When the stock market began to reverse, Graham made huge returns by buying a lot of low-priced stocks during the stock market downturn.</b>Between 1936 and 1941, although the stock market generally showed a downward trend, Graham Newman's average annual return on investment during this period greatly exceeded the performance of S&P stocks during the same period, which lost an average of 0.6%.</p><p>Looking at the long timeline,<b>From 1936 to 1956, Graham recorded an average annual return of no less than 14.7%</b>, could rank among the best long-term yields Wall Street has ever seen.</p><p><b>5.2 Investment Quotes</b></p><p><b>1) The bull market is the main reason why ordinary investors lose money.</b></p><p>2) Buying stocks is part of buying a business.</p><p>3) The market is always swinging between excessive excitement and excessive pessimism,<b>Intelligent investors buy from the overly pessimistic and sell to the overly excited.</b></p><p>4) Your own performance can affect investment returns far more than the performance of the security itself.</p><p>5) Be careful about the stock price. Shop like a supermarket, not like cosmetics.</p><p><b>6) Rising stocks have increased risk rather than decreased risk, and falling stocks have decreased risk rather than increased risk.</b></p><p>7) It is difficult to see listed companies holding more cash than their share price in a bull market, but<b>In a bear market, there are more opportunities than you think, so seize them.</b></p><p>8) The most practical difference between investors and speculators lies in their attitude towards the movement of the stock market: speculators' interests are mainly in participating in market fluctuations and making profits from them,<b>Investor interest is primarily in acquiring and holding the right stock at the right price.</b></p><p><b>9) Ordinary investors believe that in order to avoid investment risks, it is best to withdraw from the stock market and cut out positions. But pulling out of the stock market isn't the best way to deal with a stock market downturn.</b></p><p><b>How Peter Lynch survived his darkest hour</b><b>6.1 Refuse to sell-off dominated by fear</b></p><p>Peter Lynch is an exceptional equity investor and securities fund manager. Peter Lynch managed the Magellan Fund for 13 years from 1977 to 1990, creating an investment miracle and myth.<b>Magellan Fund's assets under management grew from $20 million to $14 billion</b>With more than 1 million holders, the fund was the largest mutual fund under management in the world at that time.</p><p><b>The Magellan Fund, managed by Lynch, has a compound annualized return of 29% over 13 years. But on October 19, 1987, the Magellan Fund lost 18% of its net asset value, losing as much as $2 billion. In panic, investors rushed to redeem, resulting in the redemption share of Magellan Fund reaching 1.3 billion in October, while the purchase share was only 689 million.</b></p><p><b>In his book \"Peter Lynch's Successful Investment\", he recorded the journey of the 1987 stock market crash: \"At that moment, I really couldn't be sure whether it was the end of the world, or whether we were about to fall into a severe Great Depression, or whether things weren't so bad\". Lynch concluded that the stock market crash had taught him many lessons:</b></p><p><b>One is that investors should ignore the ups and downs of the stock market. If you are desperate to sell stocks in the midst of a stock market crash, then your selling price will often be very low.</b></p><p><b>Second, even if you are panicking, you should stay awake,</b>Instead of selling so much at once, you should gradually reduce your holdings, so that you can ultimately get a higher return on your investment than those investors who throw all of their stocks out of panic.</p><p><b>Third, in the end, excellent companies will win, while ordinary companies will fail, and investors who invest in these two completely different types of companies will get completely different returns accordingly.</b>And it turns out that it is.<b>By June 1988, the market had rebounded by more than 400 points, or 23 percent. Had it been sold in October 1987, the loss would have been painful.</b></p><p><b>6.2 Investment Quotes</b></p><p>1) The stock market crash is as common as the January snowstorm in Colorado. If you are prepared, it won't affect you much.<b>The stock market crash is actually a great opportunity to buy stocks, when frightened investors sell off stocks, and the stock price is naturally very low</b>You can take the opportunity to pick many cheap stocks.</p><p><b>2) Usually, for months or even years, company performance is independent of the stock price. But in the long run, there is 100% correlation between the two.</b>This difference is the key to making money.<b>Be patient and hold good stocks.</b></p><p><b>3) Everyone has the brain to make money in the stock market. But not everyone has the courage to do so. If it's easy for you to sell stocks during a time of stock market panic, you should stay away from the stock market and funds.</b></p><p><b>4）</b>When you invest in the short term, you can only make 90%,<b>When you invest for the long term, you can make ten times as much.</b></p><p><b>5) The historical law of stock market volatility tells us that all the big falls will pass, and the stock market will always rise higher.</b>Historical experience also shows that,<b>The stock market crash is actually a good opportunity to release risks and create investment. You can buy those excellent company stocks at very low prices.</b></p><p>6）<b>Emotion can be a real performance killer,</b>A market decline can easily make you sell in panic, or a market skyrocket can easily make you greedily snap up overvalued stocks.</p><p>7) The real reasons for the stock market crash, whether from historical experience or statistical indicators such as P/E and Dividend yield, were that the market at that time rose too far.</p><p>8) People only remember that the stock market plummeted 1,000 points in two months during the stock market crash, half of which fell in one day, but forget that in the nine months before the stock market crash, the stock market rose by more than 1,000 points.</p><p><b>How John Templeton survived his darkest moments</b><b>7.1 The Road to Contrarian Investment</b></p><p>John Templeton, together with George Soros, Peter Lynch and Warren Buffett, ranks among the four legendary investors in the world, and is called \"the father of global investment\" by Forbes magazine.</p><p>As the most famous contrarian of the last century, Templeton's approach to investing is summarized as,<b>\"Buy at the lows of the Great Depression, sell at the crazy irrational highs, and navigate the two\". He sorts out and seeks countries and industries that have bottomed out but have excellent prospects all over the world, and his investment targets are all enterprises ignored by the public.</b>As a contrary value investor, Templeton believes that stocks that are completely overlooked are the most exciting bargains-especially those that investors have not yet studied.</p><p><b>From zero to one, from one to one hundred, he often takes low in and high out to the extreme, and makes contrarian investments at the \"maximum pessimism point\".</b>In 1937, at the height of the Great Depression, Templeton founded his own company, Templeton, Dobbrow & Vance (TDV).<b>In 1939, amid the twin horrors of the Great Depression and war, Templeton, 36, bought 104 companies with 100 shares each on a borrowing of $10,000.</b>A few years later, the value of the entire portfolio picked up dramatically, with the success of 100 companies earning Templeton its first pot of gold.<b>By 1967, his management had exceeded $400 million.</b>Templeton founded the world's largest and most successful Templeton mutual fund group, and his fund company never hired salespeople, relying solely on investment performance to attract customers.<b>In 1992, his assets under management were already as high as $22 billion.</b></p><p><b>Sorting out and seeking countries and industries that have bottomed out but have excellent prospects worldwide.</b>From the 1960s to the 1970s, Templeton was one of the first American fund managers to invest in Japan. He<b>Buy Japanese stocks at a lower price</b>Japanese stocks jumped after he bought the opportunity ahead of other investors.<b>Later, he discovered that the Japanese stock market was overvalued</b>In 1988, shareholders were told that Japan's stock market would shrink by 50 percent or more. At the same time, he found new investment opportunities,<b>Re-invest in the United States.</b></p><p><b>7.2 Investment Quotes</b></p><p><b>1) Splashing blood on the streets is the best time to buy.</b></p><p><b>2) Bull markets are born in pessimism, grow in doubt, mature in optimism, and die in excitement.</b></p><p>3) Even if everyone around you is selling, you don't have to follow because<b>The best time to sell is before the stock market crashes, not after.</b></p><p>4) You should review your portfolio,<b>The only reason to sell existing stocks is to have more attractive stocks,</b>If not, you should continue to hold the stock in hand.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How do investment gurus survive their darkest hours?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow do investment gurus survive their darkest hours?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/49\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/947583bee22e443aa795464217837990);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">泽平宏观 </p>\n<p class=\"h-time smaller\">2022-04-28 14:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Buffett said: \"I am greedy when others are panicking, and I panic when others are greedy\".</p><p>What goes up is risk, and what goes down is opportunity. Real investors should be more pessimistic about good companies and stocks as they rise, and more optimistic as they fall. Investing is anti-human, so only a few people are destined to succeed. What we need to do is to improve our thinking and cognition. Investment is essentially the realization of cognition.</p><p>Regardless of individual stocks or the broader market, the bottom is not a point, but a range. If you buy early, you may experience the darkest moment. However, buying cheap is the last word, and greatness comes out of it. Value investing is being a friend of time.</p><p>We are willing to deliver rationality, professionalism and confidence in the market's darkest moments.</p><p>Let's see how those world-class investment gurus survive the market's darkest moments, and perhaps give you some inspiration.</p><p><b>How Buffett survived his darkest moments</b><b>1.1 Not afraid of \"Black Monday\" and decisively bargain-hunting against the trend<a href=\"https://laohu8.com/S/KO\">Coca Cola</a></b></p><p>On Black Monday, October 19, 1987, the U.S. stock market crashed.<b>The Dow Jones Industrial Average fell 508.32 points, or 22.62 percent. If calculated in terms of market value, nearly 500 billion dollars evaporated on this day, and the GDP of the United States was about 4.87 trillion yuan that year, falling by more than 1/10 of GDP in a single day.</b>The plunge of U.S. stocks triggered a global financial tsunami, and the stock markets in London, Frankfurt, Tokyo, Sydney, Hong Kong, Singapore and other places plunged one after another.</p><p><b>Warren Buffett lost $342 million on this day. In a week, Buffett's<a href=\"https://laohu8.com/S/BRK.A\">Berkshire</a>Hathaway's share price plunged 25%.</b>However, unlike ordinary investors, Buffett didn't jump to sell stocks in a hurry after the big loss, nor did he ask around for news. According to media reports,<b>All day long, he stayed in his office as quietly as usual, talking on the phone, reading newspapers and reading the annual reports of public companies.</b></p><p>At the shareholders' meeting of Buffett Group held later,<b>Some media asked him what the stock market crash in 1987 meant. Buffett calmly answered at that time, \"Maybe it has gone too high.\"\"Long-term investment, being a friend of time\", \"buying excellent companies at a reasonable price\", \"It is meaningless to predict the market, so we should pay attention to the company itself\" and so on were all investment creeds put forward by Buffett at that time.</b></p><p>Buffett firmly believes that the stock crash will pass, the stock market will return to normal, and the stock prices of quality companies will ultimately reflect their intrinsic value. He firmly believes in his investment philosophy and strives to find companies with long-term sustained competitive advantages.<b>After the stock market plunged, a calm Buffett began to \"pick up the bargain\". That is, in 1988, Buffett bought the good stock that would make him a lot of money for the next few decades-Coca-Cola.</b>Since the initial purchase in 1988, Coca-Cola has been one of Buffett's heavyweight stocks.<b>In 2022, in the face of global financial market instability, Coca-Cola swam upstream and its share price hit a record high.</b></p><p><b>1.2 If you wait until the robin calls, you will miss the whole spring</b></p><p><b>When the financial crisis struck in 2008, at the darkest moment when the market was full of panic, Buffett wrote in October of that year in \"<a href=\"https://laohu8.com/S/NYT\">The New York Times</a>\"published the famous\" I'm Buying America \"</b>：</p><p>\"Financial markets are in disarray, both in the United States and elsewhere in the world. The financial crisis has penetrated the general economy, and now this penetration has become a blowout, and in the near future, unemployment will rise.<b>Business activity will stall and the headlines continue to be frightening news. So I started buying US stocks.</b></p><p><b>Why? Because I adhere to a simple tenet: I am fearful when others are greedy, and I am greedy when others are fearful.</b></p><p>Of course, in most cases fear spreads, and even seasoned investors can't resist this fear. However, it is certain that investors should be wary of weakly competitive but overleveraged entities or businesses.<b>But for many competitive companies, there is no need to worry about their long-term prospects. The profits of these companies will also be up and down, but most large companies will set new profit records in five, 10, or 20 years.</b></p><p><b>To be clear, I can't predict the short-term movement of the stock market, and I dare not speak falsely about the ups and downs of stocks within a month or a year. However, there is a scenario that is likely to occur. Before confidence regains or the economy recovers, the stock market will rise and possibly surge. If you wait until the robin calls, you will miss the whole spring. \"</b></p><p><b>Five months after the publication of \"I'm Buying America\", U.S. stocks began a bottom out, ushering in a decade-long bull market. Buffett and his Berkshire once again realized asset appreciation.</b>The Dow rose from a low of 6,440 to 36,952 in the 12-year period from 2009 to the end of 2021, an increase of<b>5.7 times</b>； The S&P 500 rose from a low of 666 to 4,818,<b>Increase 7.23x</b>； The Nasdaq rose from a low of 1,265 to 16,212,<b>Increase 12.8x</b>。</p><p><b>1.3 Investment Quotes</b></p><p><b>1) You are fearful when others are greedy, and you are greedy when others are fearful.</b></p><p><b>2) When some big companies have a temporary crisis, or the stock market falls, and there is a profitable trading price, we should not hesitate to buy their shares.</b></p><p><b>3) Good opportunities are the kind that scream for you to buy. For example, in 2008, asset prices were cheap, so you can't be afraid at this time. In your lifetime investment career, this kind of great opportunity of falling gold from the sky can be encountered about six times.</b></p><p>4) The good thing about investing is that you don't need to swing at every thrown ball. The trick of investing is to sit there and watch the balls thrown in, and<b>Waiting for the one who hits the sweet spot.</b></p><p><b>5）</b>Good companies are subject to market reversal and unreasonable stock prices and fall, and great investment opportunities are coming.<b>I prefer to see the market fall, and it is easier to buy good goods and use the money well when it falls sharply.</b></p><p><b>6) Invest in businesses rather than stocks. It's foolish to own a stock and expect it to rise tomorrow morning.</b></p><p><b>7) When a powerful large company encounters a huge but resolvable crisis, a great investment opportunity quietly arrives.</b></p><p><b>2. How Munger survived his darkest moments</b><b>2.1 There are also difficult moments behind brilliant achievements. Investment should be good at \"waiting\", and greatness comes out of it</b></p><p>Munger is Buffett's gold partner and vice chairman of Berkshire Hathaway. He and Buffett teamed up to create the all-time<b>Best investment record-an average annual compound rate of return of more than 20%.</b></p><p><b>There are also difficult moments behind the brilliant investment achievements. Munger lost 31.9% in 1973,</b>In contrast, the Dow Jones Industrials fell 13.1%; It lost 31.5% in 1974, and the Dow fell 23.1%. Of those two years, Munger himself later said: \"It was a difficult experience — 1973 to 1974 was a very unpleasant experience.\"</p><p>But nevertheless, looking back at that decline, Munger<b>Still thinks that most stock prices have dropped to drooling lows in those two years, which is a very good opportunity,</b>He even lamented that he and Buffett may never see these opportunities again. \"We were crushed by the market between 1973 and 1974 because our shares had to trade at less than half of their true value,\" Munger said.</p><p><b>The right choices made at the toughest times will pay off.</b>At the end of 1974, 61% of its funds were invested in blue-chip printing companies. In the worst bear market since the Great Depression, blue-chip printing companies brought a greater degree of pullback/retracement to Munger's portfolio. However, the blue-chip printing company later served as an important asset of the fund, providing a large amount of money for the subsequent acquisitions of See's Candy, Buffalo Evening News and Wesco Financial Corporation.</p><p><b>The secret to Munger's investment success lies not in buying and selling for wealth, but in waiting. Munger believes that if you want to make big money, you have to be good at waiting. Rather look silly than go with the flow impatiently. Munger's investment wisdom, in fact, is not a profound truth, the difficulty is to carry out and persist seriously, the waiting process is anti-human</b>，<b>Many people can't do it.</b></p><p><b>One of the most important reasons why Buffett and Munger became masters is that they understood the core truth at a very young age and stuck to it for a lifetime.</b>In Munger's opinion,<b>If you can't take the market down more than 50% two, three or more times in a century in stride, you're not a good investment</b>And compared with those investors who can rationally handle market fluctuations, they can only get relatively mediocre investment returns.</p><p>Under the guidance of Munger, Buffett has also iteratively updated his investment over the years, no longer obsessed with the early investment concept of \"low-priced cigarette butt stocks\", but broadened his horizons.<b>invested in<a href=\"https://laohu8.com/S/AAPL\">Apple</a>Wait for a group of technology growth companies, also look around the world, invested in<a href=\"https://laohu8.com/S/002594\">BYD</a>And other rising Chinese companies.</b></p><p><b>2.2 Investment Quotes</b></p><p>1）<b>What Buffett and I did, we bought things that had promise. Sometimes we have economic tailwinds, sometimes we have headwinds, but no matter what, we keep going</b>。</p><p>2) To make an investment, you don't need a lot of action, but<b>A lot of patience</b>。</p><p><b>3) If you can't take the market down more than 50% in stride, you are not suitable for investing.</b></p><p>4）<b>Learn to bear losses</b>You need the ability to not go crazy even in the face of loss and adversity.</p><p><b>How Howard Marks survived his darkest moments</b><b>3.1 Fully recognize the \"routine\" of bull and bear markets, go against the trend and not follow the crowd</b></p><p>Howard Marks is a renowned investment guru, U.S.<a href=\"https://laohu8.com/S/OAK\">Oaktree Capital</a>Founder of Management Ltd. When he first entered the industry, an old man told him a routine about the bull market. The old man said,<b>The bull market is actually very simple, divided into three stages</b>: Phase I,<b>A few visionaries are beginning to believe that everything will be better</b>； In the second phase, most investors realize that progress has indeed occurred; And when we get to the third stage,<b>Everyone asserts that everything will always be better-when consensus transcends common sense, the bull market comes to an end.</b></p><p>Howard Marks discovered the subprime crisis in 2008<b>The bear market also has three stages:</b>First, a few investors smelled the risk in the frenzy; Then most investors began to feel the deterioration;<b>In the end, everyone is immersed in pessimism, believing that the situation will only get worse, and that the bear market may see the bottom.</b></p><p>Max believes,<b>The key to successful investing is going against the trend – not following the herd. The most interesting thing about investing is its paradoxical nature, and the most obvious and agreeable things often turn out to be wrong. Only when most people don't see the value of the investment, will the price fall below the value. The key to success cannot be the judgment of the group</b>Trends and group consensus are factors that hinder success. As a result, most investors are trend-followers, and prominent investors are the opposite, they<b>Using Second Level Thinking</b>Avoiding similar portfolios, proceeding<b>Contrarian investment</b>。</p><p><b>3.2 Understanding that the market is not completely \"effective\" and looking for the perfect moment</b></p><p><b>The core logic that supports Max to dare to operate against the market is his insight into the effectiveness of the market.</b>The efficient market hypothesis holds that in the stock market with sound relevant laws, high transparency and sufficient competition, all available information has been timely, accurately and fully reflected in asset prices, unless there is market manipulation.<b>In Marx's view, efficient market theory is not the whole truth of financial markets. Mainstream markets are indeed becoming more and more effective, but their ineffectiveness will always be there.</b>Because people are a synthesis of reason and sensibility, and most people are driven by greed, fear, jealousy and other emotions that destroy objectivity and lead to major mistakes, the market price given by people cannot be absolutely fair, that is, it will not always be valid or invalid.</p><p>In 2008, with the collapse of Lehman Brothers, Wall Street was panicked, and some even predicted that the whole financial system was about to collapse, which followed a frenzy of asset selling.<b>But in the three months following Lehman Brothers' bankruptcy, Oaktree bucked the market and spent more than $6 billion to buy senior guaranteed bonds of highly leveraged companies such as utilities for about 50% less than their actual face value.</b>Eventually, as the economy recovered, most of the bonds that took over were repaid at face value within months,<b>Oak doubled its gains and became one of the few big winners of the financial crisis.</b></p><p>Invested by Howard Marks<b>The way to success lies in his good at acting against the trend, not panicking when the crisis comes, and operating against the market through his second-level thinking and comprehension of market effectiveness.</b>Successful investments<b>Not about \"buying good\", but about \"buying good\"</b>, i.e.<b>Buy below value, wait for the price of the asset to move closer to value,</b>Is the true meaning of investment, the most reliable way to make money.</p><p><b>3.3 Investment Quotes</b></p><p>1）<b>Investing excellence requires a second level of thinking, a more complex and insightful way of thinking that is different from ordinary people.</b>What is Second Level Thinking?</p><p><b>The first level of thinking says: companies will have the prospect of sluggish growth and rising inflation. Let's get rid of the stock. The second level of thinking says: The outlook for the company is terrible, but everyone is selling stocks in panic, and we should buy.</b></p><p>The first level of thinking says: This company's profits will fall, sell. Second-level thinking: This company's profits will fall less than people expect, and there will be unexpected surprises that will push the stock up. Buy in.</p><p>The first level of thinking says: This is a good company, let's buy the stock. The second level of thinking says: This is a good company, but everyone thinks it is a good company, so it is not a good company. The stock is overvalued and overpriced, let's sell the stock.</p><p><b>The first level of thinking is simple and superficial, and almost everyone can do it. The second level of thinking is deep, complex and circuitous.</b></p><p>2）<b>You can't expect to win when you do the same thing as others</b>Breaking out of routine is not an end, but a nice way of thinking. To make money when there is a crisis:<b>The first must be rich, the second must be brave, dare to invest this money</b>。 When you have both, that's the formula for success.</p><p>3) To some extent,<b>Trends, group consensus are factors that hinder success</b>The same portfolio is something we should avoid. Because of the pendulum swing of the market or the cyclical nature of the market, obtaining<b>The key to ultimate victory lies in contrarian investing.</b></p><p>4）<b>Keep in mind that everything has a cycle. Cycles always win at the end. Nothing can go in the same direction forever. Trees don't grow to the sky. Very few things go to zero. Insisting on speculating about the future based on today's events is the greatest harm to investors' investment activities.</b></p><p>5）<b>Sentiment swings in securities markets are similar to pendulum motion.</b>When things are good and prices are high, investors can't wait to buy, leaving all caution behind. When the surrounding environment is chaotic and assets are cheap to sell, investors completely lose the willingness to take risks and can't wait to sell. Always so.</p><p><b>4. How Dario survives his darkest hours</b><b>4.1 Bridgewater Fund's all-weather strategy emphasizes proactively seizing suitable market opportunities</b></p><p>Dario is the founder of Bridgewater, the world's largest hedge fund, with assets under management exceeding $200 billion.</p><p>Dalio puts forward an \"all-weather strategy\", emphasizing the use of<b>Scientific Economic Quantitative Model for Active Asset Management</b>, fusion<b>Macroeconomic prediction, asset class selection, portfolio risk management</b>Three major areas, create a complete set of asset management system. By analyzing the macroeconomic environment, dividing different stages according to the economic growth and inflation level, looking for asset classes suitable for each state, and then allocating stocks, commodities and bonds to build the final investment portfolio.</p><p><b>4.2 Responding to a Crisis: Rather than complaining about danger, seize opportunity</b></p><p><b>Dario proved to many investors that instead of passively complaining about the market, it is better to actively respond to risks, adjust the investment mentality according to the market state, and restructure the investment portfolio. Thus, Bridgewater Fund has performed well in many crises.</b></p><p><b>Black Monday 1987</b>, Dario's Bridgewater Fund bucks the trend<b>Earned a high yield of 22%.</b></p><p><b>Year 2008</b>The hedge fund industry as a whole is bleak, with many funds performing very poorly. Many prominent financial institutions were at risk, Lehman Brothers collapsed and Bear Stearns was taken over by other financial institutions.<b>Bridgewater, however, bucked the trend and gained a positive return of 14%.</b></p><p><b>When the sovereign debt crisis broke out in Europe in 2010, the overall performance of the industry was also very dismal, but Bridgewater</b>Excellent performance again.<b>Its \"Pure Alpha Fund\", with a scale of $70 billion, earned 45% in 2010,</b>Bridgewater's overall rate of return also reached an all-time high this year.</p><p><b>Crisis can make people grow. Crisis is both danger and opportunity. There is opportunity in danger. Easier said than done, but Dario really did this, turning danger into opportunity and gaining high profits amid market turmoil.</b></p><p>In<b>The Principles</b>In one book, Dario shares three things he learned during the market crash:</p><p><b>First, you should not be outrageously overconfident and indulge yourself in being swayed by emotions.</b>No matter how much I know, no matter how diligent I am, I should never confidently make absolute assertions.</p><p>Second, once again, I understand<b>The value of studying history</b>；</p><p>Third,<b>It is difficult for most people to time the market</b>。</p><p><b>4.3 Investment Quotes</b></p><p>1) Committed by investors<b>The biggest mistake is, thinking that what has happened recently is likely to last.</b></p><p><b>2) I'm not immersed in the present.</b></p><p><b>3）</b>Investors are always prone to making the decision to sell when the market goes down. It is not a wise strategy to submit to fear, because it will not lead to success. Instead, when the market goes down, investors need to do the opposite:<b>When you no longer feel fear, you may need to sell; When you feel fear, you may need to buy in.</b></p><p><b>4）</b>A wise person is always focused on sound fundamentals through all the ups and downs, and<b>Flirty people follow their feelings, react emotionally, rush to what's hot, and give up immediately when it's not hot.</b></p><p><b>5. How Graham survived his darkest moments</b><b>5.1 Buy at a low price + risk protection, do not withdraw to cope with the stock market downturn</b></p><p>Benjamin Graham has a reputation as the \"Godfather of Wall Street\". Representative works include Securities Analysis, Smart Investor, etc. He thinks that the world<b>There is no way to get rich overnight, and often the easiest way is the best way.</b>He suggested that investors should hold the right attitude, trust common sense judgment and think for themselves.<b>An investor must not only possess good enterprise analysis and judgment ability, but also possess a rational ability to isolate his thoughts and behaviors from those emotions hovering in the market, so as to achieve investment success.</b></p><p>In 1936, Wall Street fell into another downturn, and for most investors, it was about to face another round of severe tests.<b>At this time, Graham did not fall into pessimism like other investors, but made full use of stock investment analysis methods to search for stocks worth investing in.</b>He does not pay attention to the past performance of individual stocks to predict the future trend of the securities market or the future outlook of individual stocks, but mainly<b>Whether the stock market value is lower than its intrinsic value as the judgment standard</b>Especially those stocks below their liquidation value are his focus.</p><p><b>Graham bought a lot of low-priced shares for Graham Newman during the stock market downturn,</b>Moreover, Graham, like before the 1929 stock market crash, took all kinds of hedging measures for every investment, and this time he protected his assets more fully.<b>On the one hand, Graham adopts the method of diversifying investment to avoid risks; on the other hand, he invests in preferred shares, uses preferred shares to obtain low-interest financing, and at the same time, he can obtain about half of the dividend, while common shares do not guarantee dividends, so as to achieve the purpose of avoiding risks.</b></p><p>Graham's investment strategies and investment techniques show both resilience to sustained downturns and profitability in weak markets.<b>When the stock market began to reverse, Graham made huge returns by buying a lot of low-priced stocks during the stock market downturn.</b>Between 1936 and 1941, although the stock market generally showed a downward trend, Graham Newman's average annual return on investment during this period greatly exceeded the performance of S&P stocks during the same period, which lost an average of 0.6%.</p><p>Looking at the long timeline,<b>From 1936 to 1956, Graham recorded an average annual return of no less than 14.7%</b>, could rank among the best long-term yields Wall Street has ever seen.</p><p><b>5.2 Investment Quotes</b></p><p><b>1) The bull market is the main reason why ordinary investors lose money.</b></p><p>2) Buying stocks is part of buying a business.</p><p>3) The market is always swinging between excessive excitement and excessive pessimism,<b>Intelligent investors buy from the overly pessimistic and sell to the overly excited.</b></p><p>4) Your own performance can affect investment returns far more than the performance of the security itself.</p><p>5) Be careful about the stock price. Shop like a supermarket, not like cosmetics.</p><p><b>6) Rising stocks have increased risk rather than decreased risk, and falling stocks have decreased risk rather than increased risk.</b></p><p>7) It is difficult to see listed companies holding more cash than their share price in a bull market, but<b>In a bear market, there are more opportunities than you think, so seize them.</b></p><p>8) The most practical difference between investors and speculators lies in their attitude towards the movement of the stock market: speculators' interests are mainly in participating in market fluctuations and making profits from them,<b>Investor interest is primarily in acquiring and holding the right stock at the right price.</b></p><p><b>9) Ordinary investors believe that in order to avoid investment risks, it is best to withdraw from the stock market and cut out positions. But pulling out of the stock market isn't the best way to deal with a stock market downturn.</b></p><p><b>How Peter Lynch survived his darkest hour</b><b>6.1 Refuse to sell-off dominated by fear</b></p><p>Peter Lynch is an exceptional equity investor and securities fund manager. Peter Lynch managed the Magellan Fund for 13 years from 1977 to 1990, creating an investment miracle and myth.<b>Magellan Fund's assets under management grew from $20 million to $14 billion</b>With more than 1 million holders, the fund was the largest mutual fund under management in the world at that time.</p><p><b>The Magellan Fund, managed by Lynch, has a compound annualized return of 29% over 13 years. But on October 19, 1987, the Magellan Fund lost 18% of its net asset value, losing as much as $2 billion. In panic, investors rushed to redeem, resulting in the redemption share of Magellan Fund reaching 1.3 billion in October, while the purchase share was only 689 million.</b></p><p><b>In his book \"Peter Lynch's Successful Investment\", he recorded the journey of the 1987 stock market crash: \"At that moment, I really couldn't be sure whether it was the end of the world, or whether we were about to fall into a severe Great Depression, or whether things weren't so bad\". Lynch concluded that the stock market crash had taught him many lessons:</b></p><p><b>One is that investors should ignore the ups and downs of the stock market. If you are desperate to sell stocks in the midst of a stock market crash, then your selling price will often be very low.</b></p><p><b>Second, even if you are panicking, you should stay awake,</b>Instead of selling so much at once, you should gradually reduce your holdings, so that you can ultimately get a higher return on your investment than those investors who throw all of their stocks out of panic.</p><p><b>Third, in the end, excellent companies will win, while ordinary companies will fail, and investors who invest in these two completely different types of companies will get completely different returns accordingly.</b>And it turns out that it is.<b>By June 1988, the market had rebounded by more than 400 points, or 23 percent. Had it been sold in October 1987, the loss would have been painful.</b></p><p><b>6.2 Investment Quotes</b></p><p>1) The stock market crash is as common as the January snowstorm in Colorado. If you are prepared, it won't affect you much.<b>The stock market crash is actually a great opportunity to buy stocks, when frightened investors sell off stocks, and the stock price is naturally very low</b>You can take the opportunity to pick many cheap stocks.</p><p><b>2) Usually, for months or even years, company performance is independent of the stock price. But in the long run, there is 100% correlation between the two.</b>This difference is the key to making money.<b>Be patient and hold good stocks.</b></p><p><b>3) Everyone has the brain to make money in the stock market. But not everyone has the courage to do so. If it's easy for you to sell stocks during a time of stock market panic, you should stay away from the stock market and funds.</b></p><p><b>4）</b>When you invest in the short term, you can only make 90%,<b>When you invest for the long term, you can make ten times as much.</b></p><p><b>5) The historical law of stock market volatility tells us that all the big falls will pass, and the stock market will always rise higher.</b>Historical experience also shows that,<b>The stock market crash is actually a good opportunity to release risks and create investment. You can buy those excellent company stocks at very low prices.</b></p><p>6）<b>Emotion can be a real performance killer,</b>A market decline can easily make you sell in panic, or a market skyrocket can easily make you greedily snap up overvalued stocks.</p><p>7) The real reasons for the stock market crash, whether from historical experience or statistical indicators such as P/E and Dividend yield, were that the market at that time rose too far.</p><p>8) People only remember that the stock market plummeted 1,000 points in two months during the stock market crash, half of which fell in one day, but forget that in the nine months before the stock market crash, the stock market rose by more than 1,000 points.</p><p><b>How John Templeton survived his darkest moments</b><b>7.1 The Road to Contrarian Investment</b></p><p>John Templeton, together with George Soros, Peter Lynch and Warren Buffett, ranks among the four legendary investors in the world, and is called \"the father of global investment\" by Forbes magazine.</p><p>As the most famous contrarian of the last century, Templeton's approach to investing is summarized as,<b>\"Buy at the lows of the Great Depression, sell at the crazy irrational highs, and navigate the two\". He sorts out and seeks countries and industries that have bottomed out but have excellent prospects all over the world, and his investment targets are all enterprises ignored by the public.</b>As a contrary value investor, Templeton believes that stocks that are completely overlooked are the most exciting bargains-especially those that investors have not yet studied.</p><p><b>From zero to one, from one to one hundred, he often takes low in and high out to the extreme, and makes contrarian investments at the \"maximum pessimism point\".</b>In 1937, at the height of the Great Depression, Templeton founded his own company, Templeton, Dobbrow & Vance (TDV).<b>In 1939, amid the twin horrors of the Great Depression and war, Templeton, 36, bought 104 companies with 100 shares each on a borrowing of $10,000.</b>A few years later, the value of the entire portfolio picked up dramatically, with the success of 100 companies earning Templeton its first pot of gold.<b>By 1967, his management had exceeded $400 million.</b>Templeton founded the world's largest and most successful Templeton mutual fund group, and his fund company never hired salespeople, relying solely on investment performance to attract customers.<b>In 1992, his assets under management were already as high as $22 billion.</b></p><p><b>Sorting out and seeking countries and industries that have bottomed out but have excellent prospects worldwide.</b>From the 1960s to the 1970s, Templeton was one of the first American fund managers to invest in Japan. He<b>Buy Japanese stocks at a lower price</b>Japanese stocks jumped after he bought the opportunity ahead of other investors.<b>Later, he discovered that the Japanese stock market was overvalued</b>In 1988, shareholders were told that Japan's stock market would shrink by 50 percent or more. At the same time, he found new investment opportunities,<b>Re-invest in the United States.</b></p><p><b>7.2 Investment Quotes</b></p><p><b>1) Splashing blood on the streets is the best time to buy.</b></p><p><b>2) Bull markets are born in pessimism, grow in doubt, mature in optimism, and die in excitement.</b></p><p>3) Even if everyone around you is selling, you don't have to follow because<b>The best time to sell is before the stock market crashes, not after.</b></p><p>4) You should review your portfolio,<b>The only reason to sell existing stocks is to have more attractive stocks,</b>If not, you should continue to hold the stock in hand.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/cde2e4fc86b629e1a7a7708ea53eb694","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176249216","content_text":"巴菲特说：“在别人恐慌时我贪婪，在别人贪婪时我恐慌”。涨上去的是风险，跌下来的是机会。真正的投资者对于好公司好股票应该越涨越悲观，越跌越乐观。投资是反人性的，所以注定只有少数人能够成功。我们所需要做的是提升自己的思维和认知，投资本质上是认知的变现。无论个股还是大盘，底部不是一个点，而是一个区间。如果买的早了，你可能会经历至暗时刻，但是，买的便宜是硬道理，伟大都是熬出来的。价值投资是做时间的朋友。在市场的至暗时刻，我们愿意传递理性、专业和信心。让我们看看那些世界级投资大师如何度过市场的至暗时刻，或许能给大家带来一些启发。1、巴菲特如何度过至暗时刻1.1  不惧“黑色星期一”，果断逆势抄底可口可乐1987年10月19日，黑色星期一，美国股市崩盘。道琼斯工业指数下跌了508.32点，跌幅达22.62%。如果用市值来算，这一天蒸发了近5000亿美元，美国当年GDP约4.87万亿，单日下跌超GDP的1/10。美股暴跌引发了全球性的金融海啸，伦敦、法兰克福、东京、悉尼、香港、新加坡等地股市，接连出现暴跌。这天股神巴菲特损失了3.42亿美元。一周的时间，巴菲特控股的伯克希尔·哈撒韦公司股价便暴跌了25％。不过与普通投资者不同，大亏后的巴菲特没有急得跳脚抛售股票，也没有四处打听消息。据媒体报道，整整一天，他和往常一样安静呆在办公室里，打电话，看报纸，看上市公司的年报。在之后召开的巴菲特集团股东大会上，有媒体提问他1987年这次股灾崩盘意味着什么，巴菲特当时平静回答“也许它上涨得过高了吧。”“长期投资、做时间的朋友”、“以合理的价格买进优秀的公司”、“预测市场没有意义，应该关注公司本身”等等都是巴菲特彼时提出的的投资信条。巴菲特坚信股灾会过去，股市会恢复正常，优质公司的股价最终会反映其内在价值。他坚信自己的投资理念，努力寻找那些具有长期持续竞争优势的公司。在股市暴跌后，平静的巴菲特开始“捡便宜”。也就是在1988年，巴菲特买入了未来几十年让他赚得盆满钵满的好股票——可口可乐。从1988年初次买入后，可口可乐一直作为巴菲特的重仓股之一。2022年，面对全球金融市场不稳定，可口可乐逆流而上，股价创下历史性新高。1.2  如果你等到知更鸟叫时，你将错过整个春天2008年金融危机来袭，在市场充满恐慌情绪的至暗时刻，巴菲特于当年10月在《纽约时报》发表了著名的《我在买入美国》：“无论是在美国还是在世界其他地方，金融市场都陷入了混乱。金融危机已经渗透到总体经济中，现在这种渗透变为井喷式爆发，近期，失业率还将上升。商业活动将停滞不前，头条新闻继续是令人害怕的消息。因此我开始购买美国股票。为什么？因为我奉行一条简单的信条：即他人贪婪时我恐惧，他人恐惧时我贪婪。当然，在多数情况下恐惧会蔓延，即使是经验丰富的投资者也无法抗拒这种恐惧感。不过有点是肯定的，投资者应对竞争地位弱的、但杠杆过度的实体或企业保持警惕。但对于很多竞争力强的公司，没有必要担心他们的长期前景。这些公司的利润也会时好时坏，但多数大公司在5、10、20年后都将创下新的利润记录。要澄清一点，我无法预计股市的短期变动，对于股票1个月或1年内的涨跌情况我不敢妄言。然而有个情况很可能会出现，在市场恢复信心或经济复苏前，股市会上涨而且可能是大涨。如果你等到知更鸟叫时，你将错过整个春天。”《我在买入美国》发表5个月后，美股开始触底反弹，迎来了长达十年的牛市，巴菲特和他的伯克希尔再次实现资产增值。从2009年开始到2021年末的12年内，道琼斯指数从最低6440点上涨到36952点，涨幅5.7倍；标普500指数从最低666点上涨到4818点，涨幅7.23倍；纳斯达克指数从最低1265点上涨到16212点，涨幅12.8倍。1.3  投资名言1）当别人贪婪时你恐惧，当别人恐惧时你贪婪。2）当一些大企业暂时出现危机，或股市下跌，并出现有利可图的交易价格时，我们就应该毫不犹豫买进它们的股票。3）好机会是那种尖叫着要你买入的。比如2008年，资产价格便宜了，这时候就不能怕。在你们一辈子的投资生涯之中，这种天上掉金子的大好机会，大概能遇到 6 次。4）投资的好处在于你不需要对每个扔过来的球挥棒。投资诀窍就是坐在那里看着一个个扔来的球，并且等待打到最佳位置的那个。5）好企业受制于市场逆转、股价不合理而下跌，大好的投资机会即将来临。我更愿意看到市场下跌，大跌的时候更容易买到好货，更容易把钱用好。6）投资企业而不是股票。拥有一只股票，期待它明天早晨就上涨是十分愚蠢的。7）当一家有实力的大公司遇到一次巨大但可以化解的危机时，一个绝好的投资机会就悄然来临。2、芒格如何度过至暗时刻2.1 辉煌成绩背后亦有艰辛时刻，投资要善于“等待”，伟大都是熬出来的芒格是巴菲特的黄金搭档，伯克希尔·哈撒韦公司的副主席。他和巴菲特联手创造了有史以来最优秀的投资纪录——年均20%以上的复合收益率。辉煌投资成绩的背后亦有艰辛时刻。芒格在1973年损失了31.9％，相比之下，道琼斯工业指数下跌了13.1％；在1974年损失了31.5％，道琼斯指数下跌23.1％。提起那两年，芒格自己后来也说：“这是一段艰难的经历——1973年至1974年是一个非常不愉快的经历。”但尽管如此，回过头再看那场下跌，芒格依然认为，那两年大多数股票价格都已经跌到令人流口水的低位，是一个非常好的机会，他甚至曾感慨，自己和巴菲特可能再也看不到这些机会了。芒格说：“我们在1973年到1974年间被市场碾压了，是因为我们的股票不得不在低于他们真正价值的一半以下的价格交易。”在最艰难时刻作出的正确选择，终会为你带来回报。1974年底，其61％的资金投资于蓝筹印花公司。在大萧条以来最糟糕的熊市里，蓝筹印花公司给芒格的投资组合带来了较大程度的回撤。然而，后来蓝筹印花公司作为基金的重要的资产，为之后收购喜诗糖果、布法罗晚报和韦斯科金融公司等提供了大量的资金。芒格投资成功的秘诀不在于买进卖出获得财富，而在于等待。芒格认为，如果你想赚大钱，你必须善于等待。宁愿看起来很傻，也不愿意没有耐心地随波逐流。芒格的投资智慧，其实并不是什么高深的道理，难的是认真执行和坚持，等待的过程是反人性的，很多人是做不到的。巴菲特和芒格能够成为大师的最重要原因之一，就是他们在很年轻的时候就明白了核心的道理，并且用一生的时间坚持下去。在芒格看来，如果你对于在一个世纪内发生两三次或者更多次，市场超过50%下跌不能泰然处之，你就不适合做投资，并且和那些具有能理性处理市场波动的投资者相比，也只能获得相对平庸的投资收益。在芒格的引导下，巴菲特也对自己的投资历年进行迭代更新，不再是执着于早期的“低价烟蒂股”投资理念，而是开拓视野，投资了苹果等一批科技成长公司，也放眼全球，投资了比亚迪等崛起中的中国公司。2.2 投资名言1）巴菲特和我所做的是，我们买了有前景的东西。有时我们遇到经济的顺风，有时我们遇到逆风，但不管怎样，我们都在继续前行。2）要进行投资，你需要的不是大量的行动，而是大量的耐心。3）如果你对于市场超过50%下跌不能泰然处之，你就不适合做投资。4）学会承受损失，你需要即使遭受损失和身处逆境也不会疯掉的能力。3、霍华德·马克斯如何度过至暗时刻3.1  充分认知牛熊市“套路”，逆势而行、不从众霍华德·马克斯是著名投资大师、美国橡树资本管理有限公司创始人。刚入行的时候，有个老前辈和他讲了一个关于牛市的套路。老前辈说，牛市其实非常简单，一共分成三个阶段：第一阶段，少数有远见的人开始相信一切会更好；第二阶段，大多数投资者意识到进步的确已经发生；而当到了第三阶段，人人断言一切永远会更好——当共识超越常识，牛市就到了终点。霍华德·马克斯在2008年次贷危机是发现了熊市同样有三个阶段：先是少数投资者在狂热中嗅到了风险；然后大多数投资者开始感受到了形势的恶化；最后所有人都沉浸在悲观之中，相信形势只会更糟，熊市可能就见到了底部。马克斯认为，成功投资的关键在于逆势而行——不从众。投资最有趣的事情是它的矛盾性，最显而易见、人人赞同的事，往往被证明是错误的。只有当多数人看不到投资价值的时候，价格才会低于价值。成功的关键不可能是群体的判断，趋势与群体共识是阻碍成功的因素。因此，大多数投资者是趋势跟踪者，而杰出的投资者恰恰相反，他们使用第二层次思维，避开雷同的投资组合，进行逆向投资。3.2 参悟市场并非完全“有效”，寻找绝佳时刻支撑马克斯敢于逆市操作的核心逻辑，是他对市场有效性的参悟。有效市场假说认为，在相关法律健全、透明度高、竞争充分的股票市场，一切可获得的的信息已经及时、准确、充分地反映在资产价格当中，除非存在市场操纵。在马克斯看来，有效市场理论并非金融市场的全部真相，主流市场的确变得愈发有效，但无效性永远都在。因为，人是理性感性的综合体，大多数人都会受贪婪、恐惧、妒忌及其他破坏客观性、导致重大失误的情绪所驱动，所以人给出的市场价格不可能绝对公允，也就是不会一直有效或无效。2008年，随着雷曼兄弟轰然倒下，华尔街人心惶惶，甚至有人预测整个金融体系即将崩溃，资产抛售狂潮随之而来。但在雷曼兄弟破产后的三个月里，橡树资本逆市斥资60多亿美元，以低于实际面值约50%的价格收购了公用事业公司等高杠杆公司的优先担保债券。最终，随着经济复苏的到来，接盘的大多数债券在几个月内都按面值偿付，橡树取得了翻倍收益，成为此次金融危机中为数不多的大赢家。霍华德·马克斯投资的成功之道在于他善于逆势而为，不在危机来临时恐慌，通过自己的第二层思维、对市场有效性的参悟进行逆市操作。成功的投资不在于“买好的”，而在于“买得好”，即以低于价值的价格买进，等待资产价格向价值靠拢，才是投资真谛，最可靠的赚钱方法。3.3  投资名言1）卓越投资需要第二层次思维，一种不同于常人的更复杂、更具洞察力的思维方式。什么是第二层次思维？第一层次思维说：公司会出现增长低迷、通货膨胀加重的前景。让我们抛掉股票吧。第二层次思维说：公司前景糟糕透顶，但是所有人都在恐慌中抛售股票，我们应该买进。第一层次思维说：这家公司的利润会下跌，卖出。第二层次思维说：这家公司的利润下跌得会比人们预期的少，会有意想不到的惊喜而拉升股票。买进。第一层次思维说：这是一家好公司，让我们买进股票吧。第二层次思维说：这是一家好公司，但是人人都认为它是一家好公司，因此它不是一家好公司。股票的估价和定价都过高，让我们卖出股票吧。第一层次思维单纯而肤浅，几乎人人都能做到。第二层次思维深邃、复杂而迂回。2）你不可能在和他人做着相同事情的时候期待胜出，突破常规不是目的，但是一种不错的思维方式。当发生危机时，要想赚钱：第一得有钱，第二得有种，敢投资这笔钱。当两者都具备，这就是成功的公式。3）某种程度上来说，趋势、群体共识是阻碍成功的因素，雷同的投资组合是我们要避开的。由于市场的钟摆式摆动或市场的周期性，所以取得最终胜利的关键在于逆向投资。4）牢记万物皆有周期。周期永远胜在最后。任何东西都不可能朝同一个方向永远发展下去。树木不会长到天上。很少有东西会归零。坚持以今天的事件推测未来是对投资者的投资活动最大的危害。5）证券市场的情绪波动类似于钟摆运动。当形势良好、价格高企时，投资者迫不及待地买进，把所有谨慎都拋诸脑后。当周围环境一片混乱、资产廉价待沽时，投资者又完全丧失了承担风险的意愿，迫不及待地卖出。永远如此。4、达里奥如何度过至暗时刻4.1  桥水基金全天候策略，强调主动把握合适市场机会达里奥是全球最大对冲基金桥水基金创始人，资产管理规模超2千亿美元。达里奥提出“全天候策略”，强调运用科学经济量化模型进行主动资产管理，融合宏观经济预判、资产类别选择、组合风险管理三大领域，创建一套完整的资产管理体系。通过对宏观经济环境进行分析，根据经济增长和通胀水平划分不同阶段，寻找适合每一个状态的资产类别，进而配置股票、商品、债券，构建最终的投资组合。4.2  应对危机：与其抱怨危险，不如把握机遇达里奥向众多投资人证明，与其消极抱怨市场，不如积极风险应对，根据市场状态调整投资心态，重构投资组合，桥水基金凭此在多次危机中表现优异。1987年黑色星期一，达里奥的桥水基金逆势挣得22%的高收益。2008年，对冲基金行业整体惨淡，很多基金的表现都非常地差。许多著名金融机构面临风险，雷曼兄弟倒闭，贝尔斯登也被其他金融机构接管。桥水却逆势获得14%的正收益。2010年欧洲爆发主权债务危机，行业整体表现也非常惨淡，但是桥水再次表现优异。旗下“纯粹阿尔法基金”，规模700亿美元，在2010年获得了45%的收益，这一年桥水的整体回报率也达到了历史新高。危机可以使人成长，危机既是危险也是机遇，危险之中蕴藏着机会。知易行难，但是达里奥是真正做到了这一点，化危险为机会，在市场动荡中获取了高额的收益。在《原则》一书中，达里奥分享了他在市场崩盘中学到的三件事情：第一，不应该离谱地过度自信，并放纵自己被情绪左右。无论我知道多少东西，无论我多么勤奋，我都不应该自信地做出绝对的断言。第二，我再次领会到研究历史的价值；第三，要把握市场的时机，虽然对大多数人来说相当困难。4.3 投资名言1）投资者犯的最大错误是，认为最近发生的事情可能会持续下去。2）我不会沉浸在当下。3）投资者在市场出现下跌时，总是容易做出抛售的决定。屈从恐惧并不是个明智的策略，因为这样做并不会取得成功。相反，在市场走跌时，投资者需要进行反向操作：当你不再感到恐惧时，你可能需要卖出；当你感到恐惧时，你也许需要买进。4）明智的人在经历各种沉浮时都始终盯稳健的基本面，而轻浮的人跟着感觉走，做出情绪化的反应，对于热门的东西一拥而上，不热的时候又马上放弃。5、格雷厄姆如何度过至暗时刻5.1  低价买入+风险防护，不以撤离应对股市低迷本杰明·格雷厄姆有“华尔街教父”的美誉。代表作品有《证券分析》、《聪明的投资者》等。他认为世上本没有一夜暴富的方法，往往最简单的方法就是最好的方法。他建议投资者应该持有正确的态度，相信常识的判断，为自己着想。一个投资者必须既具备良好的企业分析判断能力，又具备一种能把自己的思想行为和那些在市场上盘旋的情绪隔绝开来的理性能力，才能取得投资成功。1936年，华尔街再度陷入低迷，对于大多数投资者而言，即将面对又一轮的严峻考验。此时格雷厄姆并未像其他投资者一样陷入一片悲观之中，而是充分运用股票投资分析方法去搜寻值得投资的股票。他不重视以个股过去的表现来预测证券市场的未来走势或个股未来的展望，而主要以股票市值是否低于其内在价值作为判断标准，特别是那些低于其清算价值的股票更是他关注的重点。格雷厄姆在股市低迷期为格雷厄姆纽曼公司购入大量的低价股，而且格雷厄姆像1929年股市大崩溃之前一样，对各项投资均采取了各种避险措施，这次他将资产保护得更周全。格雷厄姆一方面采取分散投资的方法规避风险，另一方面是投资于优先股，利用优先股再获得低利率的融资，同时又可获得约半成的股利，而普通股并不保证有股利，从而达到规避风险的目的。格雷厄姆的这些投资策略和投资技巧既表现出了对持续低潮的抗跌能力，又表现出了在弱市中的获利能力。在股市开始反转时，格雷厄姆在股市低迷期购入大量低价股，由此获得了巨大的回报。在1936年至1941年之间，虽然股市总体来讲呈下跌趋势，但格雷厄姆纽曼公司在此期间的年平均投资回报率大大超过了同时期的标普股票表现，同时期的标普股票平均亏损0.6%。拉长时间线来看，格雷厄姆从1936年到1956年，记录的投资收益率，年均不低于14.7％，可以跻身于华尔街有史以来最佳的长期收益率之列。5.2  投资名言1）牛市是普通投资者亏损的主要原因。2）买股票是买一宗生意的一部分。3）市场总是在过度兴奋和过度悲观间摇摆，智慧的投资者是从过度悲观的人那里买来，卖给过度兴奋的人。4）你自己的表现远比证券的表现本身更能影响投资收益。5）对股票价格要斤斤计较，要像超市购物，不要像买化妆品。6）上涨的股票风险增加而不是减少，下跌的股票风险减少而不是增加。7）在牛市时很难见到上市公司手持现金超过股价，但熊市时这种机会比想象的要多，要抓住。8）投资者与投机者最实际的区别在于他们对股市运动的态度上：投机者的兴趣主要在参与市场波动并从中谋取利润，投资者的兴趣主要在以适当的价格取得和持有适当的股票。9）一般的投资者认为，为了规避投资风险，最好是从股市上撤离，斩仓出局。但撤离股市并不是股市低迷时期的最好应对方法。6、彼得·林奇如何度过至暗时刻6.1  拒绝被恐惧支配的抛售彼得·林奇是一位卓越的股票投资家和证券基金经理。从1977年到1990年，彼得·林奇管理麦哲伦基金13年，创造了一个投资奇迹和神话。麦哲伦基金管理的资产规模由2000万美元成长至140亿美元，基金的持有人超过100万人，是当时全球资产管理金额最大的共同基金。林奇管理的麦哲伦基金，13年里年化复合收益率高达29%。但1987年10月19日这天，麦哲伦基金的资产净值损失了18%，损失高达20亿美元。恐慌之下，投资者争相赎回，导致麦哲伦基金的赎回份额在10月高达13亿，而买入的份额仅有6.89亿。他在《彼得·林奇的成功投资》一书中，记录了1987年股灾时的心路历程：“在那一时刻，我真的不能确定，到底是到了世界末日，还是我们即将陷入一场严重的经济大萧条，又或者是事情并没有变得那么糟糕”。林奇总结说，这场股灾让自己汲取了很多教训：一是投资者应该忽视股票市场的起起落落。如果你在股市暴跌中绝望地卖出股票，那么你的卖出价格往往会非常之低。二是即使很恐慌，也应该保持清醒，不应该一下抛售那么多，而是应该逐步减持，这样才能最终获得比那些由于恐慌而将股票全部抛出的投资人更高的投资回报。三是最终优秀的公司将会胜利，而普通公司将会失败，投资于这两类完全不同的公司的投资者也将会相应得到完全不同的回报。事实也证明确实如此。到1988年6月时，市场已经反弹了400多点，回升了23%。如果在1987年10月时卖出，损失可谓惨痛。6.2  投资名言1）股市的崩盘，犹如科罗拉多州1月暴风雪一样寻常。如果你有所准备，就不会对你造成多大影响。股市大跌其实是一个买入股票的大好机会，那时惊恐万分的投资者们纷纷抛售股票，股价自然很低了，你就可以趁机挑选很多便宜的股票。2）通常，在几个月甚至几年内公司业绩与股票价格无关。但长期而言，两者之间100％相关。这个差别是赚钱的关键，要耐心并持有好股票。3）每个人都有头脑在股市赚钱。但是并不是每个人都有这样的胆魄。如果你很容易在股市恐慌的时候抛售股票，你应该远离股市和基金。4）当你投资短期的时候，你只能赚到90%，当你投资长期时，你可以赚十倍。5）股市波动的历史规律告诉我们，所有的大跌都会过去，股市永远会涨得更高。历史经验还表明，股市大跌其实是释放风险，创造投资的一次好机会，能以很低的价格买入那些很优秀的公司股票。6）情绪可能是一个真正的业绩杀手，市场下跌容易让你在恐慌中抛售，或者市场暴涨容易让你贪婪地抢购高估的股票。7）股灾发生的真实原因，无论从历史经验来看，还是从市盈率、股息收益率等统计指标来看，当时的市场都涨得太过头了。8）人们只记住了股灾的时候股市在两个月的时间里猛跌了1000点，其中一半还是在一天之内跌掉的，却忘记了股灾发生之前的9个月里，股市上涨了不止1000点。7、约翰·邓普顿如何度过至暗时刻7.1 逆向投资之路约翰·邓普顿与乔治·索罗斯、彼得·林奇、沃伦·巴菲特并列全球四大传奇投资人，被美国《福布斯》杂志称为“全球投资之父”。作为上个世纪最著名的逆向投资者，邓普顿的投资方法被总结为，“在大萧条的低点买入，在疯狂非理性的高点抛出，并在这两者间游刃有余”。他在全球范围内梳理、寻求已经触底但又具有优秀远景的国家以及行业，投资标的都是被大众忽略的企业。作为逆向价值投资者，邓普顿相信，完全被忽视的股票是最让人心动的便宜货——尤其是那些投资者们都尚未研究的股票。从零到一，从一到一百，他经常把低进高出发挥到极致，在“最大悲观点”时进行逆势投资。1937年，是大萧条最低迷的时候，邓普顿成立了自己的公司——Templeton，Dobbrow & Vance（TDV）。1939年，在大萧条与战争的双重恐怖气氛中，36岁的邓普顿依靠1万美元的借款购买了104家公司，各100股股票。几年后，整个投资组合的价值大幅回升，其中100家公司的成功为邓普顿赚得第一桶金。到1967年，他的管理规模已经超过4亿美元。邓普顿创立了全球最大最成功的邓普顿共同基金集团，而且，他的基金公司从不雇用销售人员，完全依靠投资表现来吸引顾客。1992年，他管理的资产已经高达220亿美元。全球范围内梳理、寻求已经触底但又具有优秀远景的国家以及行业。20世纪60年代到70年代，邓普顿是第一批到日本投资的美国基金经理之一。他以较低的价格买进日本股票，抢在其他投资者之前抓住了机会，在他买进后，日本股市一路蹿升。后来，他发觉日本的股市被高估了，在1988年就对股东们说，日本的股市将会缩水50%，甚至更多。与此同时他又发现了新的投资机会，重投美国。7.2  投资名言1）街头溅血是买入的最佳时机。2）牛市在悲观中诞生，在怀疑中成长，在乐观中成熟，在兴奋中死亡。3）即使周围的人都在抛售，你也不用跟随，因为卖出的最好时机是在股市崩溃之前，而并非之后。4）你应该检视自己的投资组合，卖出现有股票的惟一理由，是有更具吸引力的股票，如没有，便应该继续持有手上的股票。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":3028,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9081647965,"gmtCreate":1650242474557,"gmtModify":1676534676041,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081647965","repostId":"9089053500","repostType":1,"repost":{"id":9089053500,"gmtCreate":1649936713317,"gmtModify":1676534610528,"author":{"id":"4100909900193040","authorId":"4100909900193040","name":"EraGrowth_Wealth","avatar":"https://community-static.tradeup.com/news/c22fad1649443d817dea3cbc957a1314","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4100909900193040","idStr":"4100909900193040"},"themes":[],"title":"$41 bn all-cash Bid, 3 KeyPoints on Elon Musk's Ambitious to Twitter","htmlText":"It is a pity that Musk is not qualified to run for the US president, because he was born in South Africa. Joking Here. On April 14th, Elon Musk offers to buy 100% of&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a>&nbsp; for $54.20 per share in an all-cash deal. Elon Musk Letter to Chairman: \"I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over","listText":"It is a pity that Musk is not qualified to run for the US president, because he was born in South Africa. Joking Here. On April 14th, Elon Musk offers to buy 100% of&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/TWTR\">$Twitter(TWTR)$</a>&nbsp; for $54.20 per share in an all-cash deal. Elon Musk Letter to Chairman: \"I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over","text":"It is a pity that Musk is not qualified to run for the US president, because he was born in South Africa. Joking Here. On April 14th, Elon Musk offers to buy 100% of $Twitter(TWTR)$ for $54.20 per share in an all-cash deal. Elon Musk Letter to Chairman: \"I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over","images":[{"img":"https://community-static.tradeup.com/news/b624b594ed9b17845d8f97c38489ac52","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/662063105c5ebc19ad66e96d120b2dad","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/b5396091f773bef1e52f490c7c83b437","width":"632","height":"331"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089053500","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2684,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005431588,"gmtCreate":1642379159368,"gmtModify":1676533705487,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005431588","repostId":"1105926115","repostType":4,"repost":{"id":"1105926115","kind":"news","weMediaInfo":{"introduction":"解密财经，透视真相。为您传递第一手新鲜财经深度报道。","home_visible":1,"media_name":"棱镜","id":"91","head_image":"https://static.tigerbbs.com/ea46042fac2240098d9d976e6d67d6a8"},"pubTimestamp":1642304577,"share":"https://ttm.financial/m/news/1105926115?lang=en_US&edition=fundamental","pubTime":"2022-01-16 11:42","market":"us","language":"zh","title":"He Xiaopeng: The beginning and end of \"Dreamers in the Air\" landing to make cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1105926115","media":"棱镜","summary":"跻身国内顶级企业家群，何小鹏还是没有学会迎合观众期待值去“讲故事”。2021年年底，何小鹏在接受腾讯新闻《财约你》专访时，大多数时间都沉浸在自己所畅想的出行世界中。在专访的最后，《财约你》向他提出了几","content":"<p><html><head></head><body>He Xiaopeng, among the top entrepreneurs in China, still hasn't learned to cater to the audience's expectations to \"tell stories\".</p><p>At the end of 2021, He Xiaopeng accepted<a href=\"https://laohu8.com/S/00700\">Tencent</a>When I interviewed the news \"Financial Approach You\", I spent most of my time immersed in the travel world I imagined. At the end of the interview, \"Finance You\" asked him a few quick questions, and he got stuck when answering them quickly, even if the questions were relatively easy and pleasant.</p><p>\"Join<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>Four years, when was your happiest moment? \" The financial agreement you asked.</p><p>\"I can't remember,\" He Xiaopeng replied.</p><p>\"Among the post-80s entrepreneurs, which one do you like the most, Wang Xing, Zhang Yiming and Huang Zheng?\" Financial Appointment asked again.</p><p>\"It's hard to say.\" He Xiaopeng thought for a second, but he still didn't give an answer.</p><p>It was his usual style. On the one hand, XPeng Automobile launched a high-profile \"aircraft\" and laid out its products in the air, which made the outside world feel that the head of this new car-making force was frivolous and flamboyant; On the other hand, after four years of building cars, He Xiaopeng has never gotten rid of the character traces of product managers. He is introverted and cautious. If he is unsure, he would rather avoid it than talk nonsense.</p><p>2021 was a year for XPeng to hit back, with 98,155 deliveries, surpassing<a href=\"https://laohu8.com/S/NIO\">Nio</a>And ideal, the pattern of \"Wei Xiaoli\", which has been stable for many years by new car-making forces, has become \"Xiao Wei Li\".</p><p>However, with the entry of Huawei and Xiaomi, the strong efforts of traditional car companies,<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The smoke of the automobile industry is rising again. Who can go more steadily and farther in this battlefield? An important factor is the character and pattern of the founder.</p><p>\"Many of the genes of an enterprise come from the genes of the founder. If the founder saves money, the enterprise will also save money.\" He Xiaopeng said, \"I come from a technical background, pursue technological innovation and product differences, and am more pragmatic. I hope these can become a symbol, mind and culture and go global.\"</p><p>With his own name as a brand, He Xiaopeng is deeply tied to XPeng Automobile, which is both prosperous and humiliating. He Xiaopeng told Caiyue You that this represents his attitude and responsibility.</p><p>In August and November 2021, \"Financial About You\" had two in-depth conversations with He Xiaopeng in Beijing and Guangzhou, trying to tap into his deep personality traits and business logic.</p><p><img src=\"https://static.tigerbbs.com/53642452f6c22de755e1e8657036e330\" tg-width=\"1080\" tg-height=\"718\" referrerpolicy=\"no-referrer\"/></p><p><b>Second-time venture adventurer</b></p><p>In his bones, He Xiaopeng is a tossing and adventurous person, which is in sharp contrast to his shy appearance and low-key hairstyle.</p><p>He Xiaopeng, who was born in an ordinary family in Huangshi, Hubei Province, had not been out of the province before the college entrance examination and had not eaten<a href=\"https://laohu8.com/S/MCD\">McDonald's</a>Not even a plane. At that time, he had a belief that it was better to travel thousands of miles than to read thousands of books. When he filled in the college entrance examination, his only goal was to go to school outside the province, especially in developed cities like Beijing, Shanghai and Guangzhou, to see the outside world. Eventually he was admitted to South China University of Technology in Guangzhou.</p><p>Nowadays, He Xiaopeng extends this concept to the education of children. As long as their life and health are not seriously threatened, children can take risks and explore some things.</p><p>One of his sons, at the age of two, was particularly naughty and curious about pressure cookers, and his little hands always wanted to touch them. The average parent will stop it immediately, but He Xiaopeng has different ways to deal with it. He grabbed his son's hand and carefully let his son touch it. As a result, his son was burned and cried, and he never dared to touch the pressure cooker again.</p><p>These character traits were also highlighted in his entrepreneurial process.</p><p>In June 2014, UC Browser founded by He Xiaopeng was sold at a high price of $4 billion<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Acquisition, which brought him a huge fortune. $4 billion was also the highest M&A price of China's Internet at that time.</p><p>Subsequently, He Xiaopeng joined Ali and successively served as the president of Ali Mobile Business Group, the chairman of Ali Games and the president of Potato. Many people think that He Xiaopeng will be a rich man with peace of mind, and there will be no more product manager in the entrepreneurial world. However, in the year of \"cashing out\", He Xiaopeng began to plan for the re-start of new energy vehicles, and invested in XPeng vehicles, which were also called \"Orange Smart Movement\" at that time.</p><p>\"When I first saw smart electric vehicles, I immediately thought of the jump from the Saipan or JAVA era to the intelligent era,\" He Xiaopeng said.</p><p>The UC browser founded by He Xiaopeng crosses the two eras of Symbian and intelligence. This experience makes him naturally sensitive to the new changes in the traditional automobile industry. He felt that when this jump just happened, people in the industry were often reluctant to believe this change because they were vested interests.</p><p>It was also in the sleep period of this industry that he felt that he had a chance to tear open a hole.</p><p>\"People who come out of the Internet industry dare to think, which is a characteristic of our long-term work.\" He Xiaopeng said.</p><p>In 2015, He Xiaopeng once went to an auto show. At the time, he was impressed that 75 new cars were released in one day at that auto show, which made him feel that the competition in the automotive industry is far more brutal than the Internet industry.</p><p>\"Imagine if the Internet industry releases 75 UC browsers a day, will there be pressure? The competition of automobiles is global competition, technology competition, brand and reputation competition,\" He Xiaopeng said.</p><p>This makes He Xiaopeng, who is born adventurous, more determined to \"go into the water\".</p><p><b>\"Talk to someone with your head up.\"</b></p><p>At that time, the success of UC Browser was why Xiaopeng accumulated a lot of contacts and wealth. When he decided to join smart cars, how to drain these resources to new projects and make the old guys believe that he could still endure hardships and start a business was an urgent problem for He Xiaopeng to solve. His answer is, first himself all in.</p><p>\"My friends say that since you dare to all in, then we can support you.\" He Xiaopeng said, \"If I didn't go all out, work 9 to 5 every day, and take my own money to manage money, then how could others believe me?\"</p><p>After joining the entrepreneurship of smart cars, learning from traditional cars has become an important job for him. He often tells colleagues and friends about a mistake that ordinary people tend to make: drawing wrong conclusions with limited information and correct logic. The reason for this is because the information obtained is not comprehensive, which he thinks is a very scary thing.</p><p>\"In the original field, you may already be a doctoral student, but in the new field, you are still in kindergarten. So are you willing to squat down and talk to others with your head raised?\" He Xiaopeng said.</p><p>He Xiaopeng has been looking up at the automobile industry. He believes that mobile phones are already a great combination of software and hardware, but four or five meters long cars are a combination of software and hardware with greater imagination and more complexity.</p><p>When he decided to devote himself to XPeng, his early partner, Yu Yongfu, the current CEO of Ali's local life and chairman of AutoNavi Group, once gave him a suggestion, and it was the only suggestion-let him find someone who could check and balance himself. Because He Xiaopeng has too many ideas, but not all of them are correct.</p><p>Nowadays, there are many people within XPeng who can check and balance him, and their management structure has attracted much attention from the outside world. In an exclusive interview with \"Financial About You\", He Xiaopeng also talked about the checks and balances and cooperation of management for the first time.</p><p>At present, there are four people standing at the top of XPeng Automobile Power: He Xiaopeng, Xia Heng, Gu Hongdi and He Tao. He Xiaopeng is from the Internet industry, Xia Heng and He Tao are from the automotive technology field, and Gu Hongdi is from the financial field. The four of them are very young. He Xiaopeng and Gu Hongdi are born in the 70s, while Xia Heng and He Tao are born in the 80s.</p><p>He Xiaopeng bluntly said that in the first year and a half of their cooperation, there were many challenges. Facing the same thing, because they came from different fields, the four people had different strategies and solutions.</p><p>For example, at that time, someone suggested setting up a forum within the company to allow employees to post and make suggestions at will. This is a common thing in Internet companies, and He Xiaopeng thought that it would be enough to do it.</p><p>But this is a \"shouldn't\" thing in the automotive industry. Unlike Internet companies, car companies have a large number of partners and suppliers, and there are many types of jobs. The pointed questions raised by employees at the forum not only fail to promote the solution of the problem, but sometimes misunderstandings are caused by too many sources of information, thus stopping the solution of the problem.</p><p>So, the four got into a heated quarrel over the matter. Since then, they have adjusted the forum to address some important and heated issues through other channels, rather than having 10,000 or 20,000 people in the forum for ineffective discussions.</p><p>\"Many times, the founders of enterprises are too familiar with an industry, or their angles are too unified. Right is the same right, and wrong may be the same wrong.\" He Xiaopeng said, \"Balance can make enterprises reach an organic and compromising point.\"</p><p><b>Say no to \"involution\"</b></p><p>2020 is the peak period of He Xiaopeng's second venture. In August of this year, XPeng Automobile landed on the New York Stock Exchange, with a market value of 14.9 billion dollars on that day. It was a highlight moment he couldn't even match when he started UC Browser.</p><p>Today, the stock price of XPeng Motors has tripled, and He Xiaopeng's net worth is rising. According to Forbes's real-time data, he is now worth $8 billion, surpassing Nio Motors Li Bin by $4.8 billion, making him the richest man in China's new car-making force.</p><p><img src=\"https://static.tigerbbs.com/7d75beebe9dfbb968a731155d3840ae8\" tg-width=\"877\" tg-height=\"1904\" referrerpolicy=\"no-referrer\"/></p><p>However, after the launch, the pace of XPeng did not slow down. The release of P7 and P5 allowed them to own family cars and coupes in the price range of 200,000-400,000, while the G9's debut at last year's Guangzhou Auto Show filled the gap of medium and large SUV models. They have also taken an important step in internationalization, taking Norway as a bridgehead and opening up the European market; Aerial vehicles have also been developed to prepare for \"air battles\" in a few years.</p><p>\"For us, listing can get more support from the capital market, which allows us to do some medium and long-term thinking.\" He Xiaopeng said.</p><p>He Xiaopeng is a long-termist. When he explained the name \"XPeng\" to Finance You, he said that \"small\" represents an original intention and always young. When it comes to enterprise management, it will always remind himself to move forward, not to have big enterprise diseases and meet the status quo; \"Peng\" is a kind of big bird that can transform into \"Kun\" and fly very high and far.</p><p>All along, the outside world has criticized the name \"XPeng\". Some think that the name is earth, while others think that it is too arrogant to name a vehicle by their own name. After all, only world-famous car companies such as Honda and Mercedes-Benz will use the name of their founder. He Xiaopeng joked to Financial About You: \"You will feel dirty when you read it the first 100 times, but not the 101st time.\"</p><p>He Xiaopeng also has an expectation that in another 10 or 20 years, brands named after Chinese will go global.</p><p>He Xiaopeng has always been full of respect for Toyota, because they have trained a large number of engineers who can work at Toyota all their lives. This is particularly valuable among today's Chinese start-ups. In an exclusive interview with Financial About You, He Xiaopeng also bluntly said that he hoped to create an environment and mechanism for lifelong service for employees. For this reason, they formulated a set of option incentive policies, that is, hoping that employees will look further.</p><p>\"In the past two or three decades, China's cars have grown a lot, but to be honest, car people are quite hard. Before the new car-making forces came in, the treatment of car people was relatively low,\" He Xiaopeng said.</p><p>At the same time, He Xiaopeng also expects the company to continue to toss and innovate, such as letting employees change to different positions and engage in different jobs, which will give employees more opportunities, so that they can work in the company for a long time.</p><p>He Xiaopeng doesn't like the word \"involution\". Previously, 35 years old was an insurmountable hurdle for employees of many Internet companies, and the news of dismissing employees over 35 years old frequently caused heated discussions.</p><p>He Xiaopeng said that he welcomed middle and senior talents over 35 years old to come to XPeng Automobile. At present, there are also employees over 60 years old in XPeng. He believes that the automotive industry needs experienced and technically strong people, and these people are often older.</p><p>\"I don't pay much attention to whether the body is young or not. We pay attention to whether the mentality is young or not,\" He Xiaopeng said</p><p>Nowadays, XPeng has gone through seven years, and compared with those well-known century-old car companies, it is still just a young boy. However, they have more than 10,000 employees, and XPeng plans to expand its workforce to 50,000 in the next three years.</p><p>A question that He Xiaopeng often thinks about is, if he is asked to make a screw, can the company be stronger? He believes that when the enterprise is small, it pays attention to people. When the enterprise becomes big, it should pay attention to the organization and system. Everyone, including him, is a part of the organizational system.</p><p><b>Product Manager Car Building Road</b></p><p>In 2021, the entry of Xiaomi and Huawei made the smart car track full of unknowns.</p><p>Before Lei Jun decided to make a car, he once made a long phone call to He Xiaopeng, exchanging ways to cut in, capital situation, industry changes, etc.</p><p>He Xiaopeng recognized Lei Jun's thinking and encouraged Lei Jun to build a car together. He believes that for many enterprises, the window for building cars has been closed, but for companies like Huawei and Xiaomi, the window is still open, mainly because the accumulation of these enterprises over the years can be quickly converted into value.</p><p>For example, the accumulation of technology by these enterprises allows them to skip the link of pure electric vehicles and directly enter the competition of smart cars. Before producing smart cars, Xpeng Motors had explored pure electric vehicles for a long time and took detours.</p><p>In He Xiaopeng's consciousness, elitism is a concept that can't be bypassed. In addition to admiring elite enterprises such as Xiaomi and Huawei, he is also full of elitism in the concept of product design.</p><p>Years of product manager career have made him firmly believe that an ultimate product is unlikely to be completed by too many people, because different people will have different demands. If these different demands are finally balanced, it will be difficult for the product to reach the ultimate. The height of a product depends more on the talent height of the product manager.</p><p>He also believes that excellent product ideas come from views of the future, but many product managers will fall into the dilemma of blind people touching elephants and design based on existing consciousness. He believes that good product managers should have the ability to think leaps and bounds.</p><p>In September 2020, the flying car device released by XPeng Motors at the Beijing Auto Show was very \"jumping\", which once caused the outside world to ridicule them-before the competition on the ground was finished, they thought of \"air battle\".</p><p>At the press conference on November 18, 2021, He Xiaopeng once again publicly announced that he had recruited many talents in the flight industry, made it clear that he would mass-produce the overall framework of flying cars in 2024, and hoped to build a great flying car in a few years.</p><p>In fact, He Xiaopeng, who loves to \"fly\", is still \"on the ground\" more often. In the process of starting a business twice, he needs to solve various problems.</p><p>Nowadays, \"chip shortage\" is a major problem faced by the automobile industry. On November 18th, after accepting an exclusive interview with Finance You, He Xiaopeng went to a conference on chips.</p><p>In 2021, the delivery volume of XPeng vehicles surpassed that of Nio, dominating the delivery list of new car manufacturers. This is partly due to their management of the supply chain, which is less affected by the \"chip shortage\". Weilai Automobile, on the other hand, was once suspended due to chip problems.</p><p>\"We have discussed it many times internally. In the short term, the problem of chip shortage is difficult to solve. We expect this problem to be solved in three or four quarters.\" He Xiaopeng said.</p><p></body></html></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>He Xiaopeng: The beginning and end of \"Dreamers in the Air\" landing to make cars</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHe Xiaopeng: The beginning and end of \"Dreamers in the Air\" landing to make cars\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/91\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/ea46042fac2240098d9d976e6d67d6a8);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">棱镜 </p>\n<p class=\"h-time smaller\">2022-01-16 11:42</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>He Xiaopeng, among the top entrepreneurs in China, still hasn't learned to cater to the audience's expectations to \"tell stories\".</p><p>At the end of 2021, He Xiaopeng accepted<a href=\"https://laohu8.com/S/00700\">Tencent</a>When I interviewed the news \"Financial Approach You\", I spent most of my time immersed in the travel world I imagined. At the end of the interview, \"Finance You\" asked him a few quick questions, and he got stuck when answering them quickly, even if the questions were relatively easy and pleasant.</p><p>\"Join<a href=\"https://laohu8.com/S/XPEV\">XPeng Motors</a>Four years, when was your happiest moment? \" The financial agreement you asked.</p><p>\"I can't remember,\" He Xiaopeng replied.</p><p>\"Among the post-80s entrepreneurs, which one do you like the most, Wang Xing, Zhang Yiming and Huang Zheng?\" Financial Appointment asked again.</p><p>\"It's hard to say.\" He Xiaopeng thought for a second, but he still didn't give an answer.</p><p>It was his usual style. On the one hand, XPeng Automobile launched a high-profile \"aircraft\" and laid out its products in the air, which made the outside world feel that the head of this new car-making force was frivolous and flamboyant; On the other hand, after four years of building cars, He Xiaopeng has never gotten rid of the character traces of product managers. He is introverted and cautious. If he is unsure, he would rather avoid it than talk nonsense.</p><p>2021 was a year for XPeng to hit back, with 98,155 deliveries, surpassing<a href=\"https://laohu8.com/S/NIO\">Nio</a>And ideal, the pattern of \"Wei Xiaoli\", which has been stable for many years by new car-making forces, has become \"Xiao Wei Li\".</p><p>However, with the entry of Huawei and Xiaomi, the strong efforts of traditional car companies,<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>The smoke of the automobile industry is rising again. Who can go more steadily and farther in this battlefield? An important factor is the character and pattern of the founder.</p><p>\"Many of the genes of an enterprise come from the genes of the founder. If the founder saves money, the enterprise will also save money.\" He Xiaopeng said, \"I come from a technical background, pursue technological innovation and product differences, and am more pragmatic. I hope these can become a symbol, mind and culture and go global.\"</p><p>With his own name as a brand, He Xiaopeng is deeply tied to XPeng Automobile, which is both prosperous and humiliating. He Xiaopeng told Caiyue You that this represents his attitude and responsibility.</p><p>In August and November 2021, \"Financial About You\" had two in-depth conversations with He Xiaopeng in Beijing and Guangzhou, trying to tap into his deep personality traits and business logic.</p><p><img src=\"https://static.tigerbbs.com/53642452f6c22de755e1e8657036e330\" tg-width=\"1080\" tg-height=\"718\" referrerpolicy=\"no-referrer\"/></p><p><b>Second-time venture adventurer</b></p><p>In his bones, He Xiaopeng is a tossing and adventurous person, which is in sharp contrast to his shy appearance and low-key hairstyle.</p><p>He Xiaopeng, who was born in an ordinary family in Huangshi, Hubei Province, had not been out of the province before the college entrance examination and had not eaten<a href=\"https://laohu8.com/S/MCD\">McDonald's</a>Not even a plane. At that time, he had a belief that it was better to travel thousands of miles than to read thousands of books. When he filled in the college entrance examination, his only goal was to go to school outside the province, especially in developed cities like Beijing, Shanghai and Guangzhou, to see the outside world. Eventually he was admitted to South China University of Technology in Guangzhou.</p><p>Nowadays, He Xiaopeng extends this concept to the education of children. As long as their life and health are not seriously threatened, children can take risks and explore some things.</p><p>One of his sons, at the age of two, was particularly naughty and curious about pressure cookers, and his little hands always wanted to touch them. The average parent will stop it immediately, but He Xiaopeng has different ways to deal with it. He grabbed his son's hand and carefully let his son touch it. As a result, his son was burned and cried, and he never dared to touch the pressure cooker again.</p><p>These character traits were also highlighted in his entrepreneurial process.</p><p>In June 2014, UC Browser founded by He Xiaopeng was sold at a high price of $4 billion<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>Acquisition, which brought him a huge fortune. $4 billion was also the highest M&A price of China's Internet at that time.</p><p>Subsequently, He Xiaopeng joined Ali and successively served as the president of Ali Mobile Business Group, the chairman of Ali Games and the president of Potato. Many people think that He Xiaopeng will be a rich man with peace of mind, and there will be no more product manager in the entrepreneurial world. However, in the year of \"cashing out\", He Xiaopeng began to plan for the re-start of new energy vehicles, and invested in XPeng vehicles, which were also called \"Orange Smart Movement\" at that time.</p><p>\"When I first saw smart electric vehicles, I immediately thought of the jump from the Saipan or JAVA era to the intelligent era,\" He Xiaopeng said.</p><p>The UC browser founded by He Xiaopeng crosses the two eras of Symbian and intelligence. This experience makes him naturally sensitive to the new changes in the traditional automobile industry. He felt that when this jump just happened, people in the industry were often reluctant to believe this change because they were vested interests.</p><p>It was also in the sleep period of this industry that he felt that he had a chance to tear open a hole.</p><p>\"People who come out of the Internet industry dare to think, which is a characteristic of our long-term work.\" He Xiaopeng said.</p><p>In 2015, He Xiaopeng once went to an auto show. At the time, he was impressed that 75 new cars were released in one day at that auto show, which made him feel that the competition in the automotive industry is far more brutal than the Internet industry.</p><p>\"Imagine if the Internet industry releases 75 UC browsers a day, will there be pressure? The competition of automobiles is global competition, technology competition, brand and reputation competition,\" He Xiaopeng said.</p><p>This makes He Xiaopeng, who is born adventurous, more determined to \"go into the water\".</p><p><b>\"Talk to someone with your head up.\"</b></p><p>At that time, the success of UC Browser was why Xiaopeng accumulated a lot of contacts and wealth. When he decided to join smart cars, how to drain these resources to new projects and make the old guys believe that he could still endure hardships and start a business was an urgent problem for He Xiaopeng to solve. His answer is, first himself all in.</p><p>\"My friends say that since you dare to all in, then we can support you.\" He Xiaopeng said, \"If I didn't go all out, work 9 to 5 every day, and take my own money to manage money, then how could others believe me?\"</p><p>After joining the entrepreneurship of smart cars, learning from traditional cars has become an important job for him. He often tells colleagues and friends about a mistake that ordinary people tend to make: drawing wrong conclusions with limited information and correct logic. The reason for this is because the information obtained is not comprehensive, which he thinks is a very scary thing.</p><p>\"In the original field, you may already be a doctoral student, but in the new field, you are still in kindergarten. So are you willing to squat down and talk to others with your head raised?\" He Xiaopeng said.</p><p>He Xiaopeng has been looking up at the automobile industry. He believes that mobile phones are already a great combination of software and hardware, but four or five meters long cars are a combination of software and hardware with greater imagination and more complexity.</p><p>When he decided to devote himself to XPeng, his early partner, Yu Yongfu, the current CEO of Ali's local life and chairman of AutoNavi Group, once gave him a suggestion, and it was the only suggestion-let him find someone who could check and balance himself. Because He Xiaopeng has too many ideas, but not all of them are correct.</p><p>Nowadays, there are many people within XPeng who can check and balance him, and their management structure has attracted much attention from the outside world. In an exclusive interview with \"Financial About You\", He Xiaopeng also talked about the checks and balances and cooperation of management for the first time.</p><p>At present, there are four people standing at the top of XPeng Automobile Power: He Xiaopeng, Xia Heng, Gu Hongdi and He Tao. He Xiaopeng is from the Internet industry, Xia Heng and He Tao are from the automotive technology field, and Gu Hongdi is from the financial field. The four of them are very young. He Xiaopeng and Gu Hongdi are born in the 70s, while Xia Heng and He Tao are born in the 80s.</p><p>He Xiaopeng bluntly said that in the first year and a half of their cooperation, there were many challenges. Facing the same thing, because they came from different fields, the four people had different strategies and solutions.</p><p>For example, at that time, someone suggested setting up a forum within the company to allow employees to post and make suggestions at will. This is a common thing in Internet companies, and He Xiaopeng thought that it would be enough to do it.</p><p>But this is a \"shouldn't\" thing in the automotive industry. Unlike Internet companies, car companies have a large number of partners and suppliers, and there are many types of jobs. The pointed questions raised by employees at the forum not only fail to promote the solution of the problem, but sometimes misunderstandings are caused by too many sources of information, thus stopping the solution of the problem.</p><p>So, the four got into a heated quarrel over the matter. Since then, they have adjusted the forum to address some important and heated issues through other channels, rather than having 10,000 or 20,000 people in the forum for ineffective discussions.</p><p>\"Many times, the founders of enterprises are too familiar with an industry, or their angles are too unified. Right is the same right, and wrong may be the same wrong.\" He Xiaopeng said, \"Balance can make enterprises reach an organic and compromising point.\"</p><p><b>Say no to \"involution\"</b></p><p>2020 is the peak period of He Xiaopeng's second venture. In August of this year, XPeng Automobile landed on the New York Stock Exchange, with a market value of 14.9 billion dollars on that day. It was a highlight moment he couldn't even match when he started UC Browser.</p><p>Today, the stock price of XPeng Motors has tripled, and He Xiaopeng's net worth is rising. According to Forbes's real-time data, he is now worth $8 billion, surpassing Nio Motors Li Bin by $4.8 billion, making him the richest man in China's new car-making force.</p><p><img src=\"https://static.tigerbbs.com/7d75beebe9dfbb968a731155d3840ae8\" tg-width=\"877\" tg-height=\"1904\" referrerpolicy=\"no-referrer\"/></p><p>However, after the launch, the pace of XPeng did not slow down. The release of P7 and P5 allowed them to own family cars and coupes in the price range of 200,000-400,000, while the G9's debut at last year's Guangzhou Auto Show filled the gap of medium and large SUV models. They have also taken an important step in internationalization, taking Norway as a bridgehead and opening up the European market; Aerial vehicles have also been developed to prepare for \"air battles\" in a few years.</p><p>\"For us, listing can get more support from the capital market, which allows us to do some medium and long-term thinking.\" He Xiaopeng said.</p><p>He Xiaopeng is a long-termist. When he explained the name \"XPeng\" to Finance You, he said that \"small\" represents an original intention and always young. When it comes to enterprise management, it will always remind himself to move forward, not to have big enterprise diseases and meet the status quo; \"Peng\" is a kind of big bird that can transform into \"Kun\" and fly very high and far.</p><p>All along, the outside world has criticized the name \"XPeng\". Some think that the name is earth, while others think that it is too arrogant to name a vehicle by their own name. After all, only world-famous car companies such as Honda and Mercedes-Benz will use the name of their founder. He Xiaopeng joked to Financial About You: \"You will feel dirty when you read it the first 100 times, but not the 101st time.\"</p><p>He Xiaopeng also has an expectation that in another 10 or 20 years, brands named after Chinese will go global.</p><p>He Xiaopeng has always been full of respect for Toyota, because they have trained a large number of engineers who can work at Toyota all their lives. This is particularly valuable among today's Chinese start-ups. In an exclusive interview with Financial About You, He Xiaopeng also bluntly said that he hoped to create an environment and mechanism for lifelong service for employees. For this reason, they formulated a set of option incentive policies, that is, hoping that employees will look further.</p><p>\"In the past two or three decades, China's cars have grown a lot, but to be honest, car people are quite hard. Before the new car-making forces came in, the treatment of car people was relatively low,\" He Xiaopeng said.</p><p>At the same time, He Xiaopeng also expects the company to continue to toss and innovate, such as letting employees change to different positions and engage in different jobs, which will give employees more opportunities, so that they can work in the company for a long time.</p><p>He Xiaopeng doesn't like the word \"involution\". Previously, 35 years old was an insurmountable hurdle for employees of many Internet companies, and the news of dismissing employees over 35 years old frequently caused heated discussions.</p><p>He Xiaopeng said that he welcomed middle and senior talents over 35 years old to come to XPeng Automobile. At present, there are also employees over 60 years old in XPeng. He believes that the automotive industry needs experienced and technically strong people, and these people are often older.</p><p>\"I don't pay much attention to whether the body is young or not. We pay attention to whether the mentality is young or not,\" He Xiaopeng said</p><p>Nowadays, XPeng has gone through seven years, and compared with those well-known century-old car companies, it is still just a young boy. However, they have more than 10,000 employees, and XPeng plans to expand its workforce to 50,000 in the next three years.</p><p>A question that He Xiaopeng often thinks about is, if he is asked to make a screw, can the company be stronger? He believes that when the enterprise is small, it pays attention to people. When the enterprise becomes big, it should pay attention to the organization and system. Everyone, including him, is a part of the organizational system.</p><p><b>Product Manager Car Building Road</b></p><p>In 2021, the entry of Xiaomi and Huawei made the smart car track full of unknowns.</p><p>Before Lei Jun decided to make a car, he once made a long phone call to He Xiaopeng, exchanging ways to cut in, capital situation, industry changes, etc.</p><p>He Xiaopeng recognized Lei Jun's thinking and encouraged Lei Jun to build a car together. He believes that for many enterprises, the window for building cars has been closed, but for companies like Huawei and Xiaomi, the window is still open, mainly because the accumulation of these enterprises over the years can be quickly converted into value.</p><p>For example, the accumulation of technology by these enterprises allows them to skip the link of pure electric vehicles and directly enter the competition of smart cars. Before producing smart cars, Xpeng Motors had explored pure electric vehicles for a long time and took detours.</p><p>In He Xiaopeng's consciousness, elitism is a concept that can't be bypassed. In addition to admiring elite enterprises such as Xiaomi and Huawei, he is also full of elitism in the concept of product design.</p><p>Years of product manager career have made him firmly believe that an ultimate product is unlikely to be completed by too many people, because different people will have different demands. If these different demands are finally balanced, it will be difficult for the product to reach the ultimate. The height of a product depends more on the talent height of the product manager.</p><p>He also believes that excellent product ideas come from views of the future, but many product managers will fall into the dilemma of blind people touching elephants and design based on existing consciousness. He believes that good product managers should have the ability to think leaps and bounds.</p><p>In September 2020, the flying car device released by XPeng Motors at the Beijing Auto Show was very \"jumping\", which once caused the outside world to ridicule them-before the competition on the ground was finished, they thought of \"air battle\".</p><p>At the press conference on November 18, 2021, He Xiaopeng once again publicly announced that he had recruited many talents in the flight industry, made it clear that he would mass-produce the overall framework of flying cars in 2024, and hoped to build a great flying car in a few years.</p><p>In fact, He Xiaopeng, who loves to \"fly\", is still \"on the ground\" more often. In the process of starting a business twice, he needs to solve various problems.</p><p>Nowadays, \"chip shortage\" is a major problem faced by the automobile industry. On November 18th, after accepting an exclusive interview with Finance You, He Xiaopeng went to a conference on chips.</p><p>In 2021, the delivery volume of XPeng vehicles surpassed that of Nio, dominating the delivery list of new car manufacturers. This is partly due to their management of the supply chain, which is less affected by the \"chip shortage\". Weilai Automobile, on the other hand, was once suspended due to chip problems.</p><p>\"We have discussed it many times internally. In the short term, the problem of chip shortage is difficult to solve. We expect this problem to be solved in three or four quarters.\" He Xiaopeng said.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3e9d0f16131bea4ece2670f7550b214b","relate_stocks":{"BK1588":"回港中概股","BK1119":"汽车制造商","09868":"小鹏汽车-W","BK4526":"热门中概股","BK4551":"寇图资本持仓","BK4505":"高瓴资本持仓","BK1587":"次新股","BK4555":"新能源车","BK1575":"同股不同权","BK1539":"汽车股","XPEV":"小鹏汽车","BK4099":"汽车制造商"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105926115","content_text":"跻身国内顶级企业家群，何小鹏还是没有学会迎合观众期待值去“讲故事”。2021年年底，何小鹏在接受腾讯新闻《财约你》专访时，大多数时间都沉浸在自己所畅想的出行世界中。在专访的最后，《财约你》向他提出了几个快问题，他在速答时出现了卡壳，即便问题都比较轻松愉快。“加入小鹏汽车四年，你最快乐的时刻是什么时候？”《财约你》问。“想不起来了。”何小鹏答。“80后创业者中，王兴、张一鸣、黄铮你最喜欢哪一个？”《财约你》再问。“不好说。”想了一秒钟，何小鹏依然没有给出答案。这是他一贯的风格。一方面，小鹏汽车高调推出“飞行器”，将产品布局在空中，让外界觉得这家造车新势力的掌门人轻狂、张扬；另一方面，造车4年，何小鹏始终没有摆脱产品经理的性格痕迹，内敛、谨慎，拿不准的宁可回避也不乱说。2021年是小鹏汽车逆袭的一年，交付量达到98155辆，超越了蔚来和理想，造车新势力稳固多年的“蔚小理”格局变成了“小蔚理”。不过，随着华为、小米的入局，传统车企的强势发力，智能汽车这个行业硝烟再起，谁能在这个战场里走得更稳、更远，一个重要的因素就是创始人的性格和格局。“一个企业的基因，很多是来自创始人身上的基因，如果创始人节约，那企业也会节约。”何小鹏说，“我是技术出身，追求技术上的创新、产品上的差异，也比较务实，我希望这些能够成为一种符号、心智和文化，走向全球。”用自己的名字做品牌让何小鹏与小鹏汽车深度捆绑，一荣俱荣，一辱俱辱。何小鹏向《财约你》表示，这代表了他的态度和责任。2021年的8月和11月，《财约你》在北京、广州两次深度对话何小鹏，试图挖掘他内心深处的性格特征和商业逻辑。二次创业的冒险家骨子里，何小鹏就是一个爱折腾、爱冒险的人，这与他腼腆的长相、低调的发型形成鲜明对比。出生于湖北黄石一个普通家庭的何小鹏，高考前没有出过省，没有吃过麦当劳，更没有坐过飞机。当时，他有一个信念，读万卷书不如行万里路，在高考填报志愿时，唯一的目标就是去省外上学，尤其是北上广这样的发达城市，去看看外面的世界。最终他被位于广州的华南理工大学录取。如今，何小鹏把这种理念延伸到对孩子的教育上，只要生命健康不被严重威胁，孩子们就可以去冒险探索一些事情。他的一个儿子在两岁时，特别调皮，对高压锅充满了好奇心，小手总是想去摸一下。一般的家长会马上制止，但何小鹏却有不同的处理方法。他抓着儿子的手，小心翼翼地让儿子摸了一下，结果儿子被烫哭了，再也不敢去摸高压锅了。这些性格特征在他的创业过程中也被彰显无遗。2014年6月，何小鹏创办的UC浏览器以40亿美元的高价被阿里巴巴收购，为他带来了巨额财富。40亿美元也是当时中国互联网最高的并购价。随后，何小鹏加入阿里，先后担任阿里移动事业群总裁、阿里游戏董事长、土豆总裁，很多人都认为何小鹏将会安心地做一个富豪，创业江湖中将不会再有这个产品经理的身影。但就在“套现”当年，何小鹏开始谋划新能源汽车的再创业，并投资了当时还叫“橙行智动”的小鹏汽车。“当我第一次看到智能电动车的时候，我马上想到的是从塞班时代或JAVA时代向智能时代的跳跃。”何小鹏说。何小鹏创办的UC浏览器正是跨越了塞班和智能两个时代，这经历让他对汽车这种个传统行业的新变化有着天然的敏感。他觉得，在这种跳跃刚刚发生时，行业里的人由于是既得利益者，往往不愿意相信这种变化。也正是在这种行业的沉睡期，让他觉得自己有机会可以撕开一个口子。“互联网行业出来的人，都特别敢想，这是我们长期工作形成的一个特点。”何小鹏说。2015年，何小鹏曾经去参加了一次车展。当时，给他留下深刻印象的是，那次车展一天发布了75款新车，这让他深感汽车行业竞争的残酷要远远大于互联网行业。“试想，如果互联网行业一天发布75个UC浏览器，会不会有压力？汽车的竞争是全球的竞争、科技的竞争、品牌和口碑的竞争。”何小鹏说。这让天生爱冒险的何小鹏更有“下水”一试的决心。“仰着头跟人说话”彼时，UC浏览器的成功为何小鹏积攒了大量的人脉和财富，决定投身智能汽车时，如何将这些资源引流到新项目上，让老伙计们相信他依然能够吃苦创业，是何小鹏急需解决的问题。他的答案是，首先自己all in。“朋友们说，既然你敢all in，那我们就可以支持你。”何小鹏说，“如果我没有全力以赴，每天朝九晚五，把自己的钱拿去理财，那别人怎么会相信我。”在投身智能汽车的创业之后，向传统汽车学习，成为了他的一个重要工作。他经常向同事、朋友讲述一个普通人容易犯的错误：用有限的信息，在正确的逻辑下，得出错误的结论。之所以这样，就是因为获得的信息不全面，他认为这是一件非常可怕的事情。“在原来的领域，你可能已经是博士生了，但是在新领域，你还是在上幼儿园，那你愿不愿意蹲下来，仰着头跟别人说话呢？”何小鹏说。何小鹏一直仰视着汽车这个行业，他认为，手机已经是一个了不起的软硬件结合体，但四五米长的汽车，是一个想象空间更大、更复杂的软硬件结合体。而在决定全身心投入到小鹏汽车时，他早期的合伙人、现任阿里本地生活CEO、高德集团董事长俞永福曾给了他一个建议，并且是唯一的建议——让他找一个可以制衡自己的人。因为何小鹏的想法太多，但不一定都正确。如今，小鹏汽车高层内部就有不少可以制衡他的人，他们的管理架构也备受外界关注。在接受《财约你》专访时，何小鹏也首次讲述了管理层的制衡和合作。目前，站在小鹏汽车权力顶层的有四个人：何小鹏、夏珩、顾宏地、何涛。何小鹏来自互联网行业，夏珩、何涛来自汽车技术领域，顾宏地则来自金融领域。四个人都很年轻，何小鹏、顾宏地是70后，夏珩、何涛则是80后。何小鹏直言，在他们合作的前一年半中，挑战很多，面对同一件事情，由于来自不同的领域，四人的策略、解决方案也不同。比如当时，有人建议在公司内部设立一个论坛，允许员工随意发帖，提建议，这在互联网公司里是一件常见的事情，何小鹏就觉得这件事做就行了。但这在汽车行业里是一件“不应该”的事情。与互联网公司不同，车企有大量的合作伙伴、供应商，岗位的类型也很多。论坛上的员工们提出的尖锐问题，不但不能促进问题的解决，有时还会因为信息来源过于多元造成误解，从而使得问题解决方案停滞不前。于是，四人在这件事上进行了激烈的争吵。此后，他们对论坛进行了调整，对于一些重要的、激烈的问题通过其他渠道进行解决，而不是在论坛里让一两万人进行无效讨论。“很多时候，企业创始人对一个行业太熟悉了，或者角度太统一，对是一样的对，错也可能是一样的错。”何小鹏说，“平衡能使企业达到一个有机、妥协的点。”对“内卷”说不2020年是何小鹏二次创业的高峰期。这一年的8月，小鹏汽车登陆纽交所，当天市值就高达149亿美金。这是他在创办UC浏览器时都比不上的高光时刻。如今，小鹏汽车的股价涨了三倍，何小鹏身家水涨船高。根据福布斯实时数据，他如今的身价达到80亿美元，超过了蔚来汽车李斌48亿美元，成为了中国造车新势力的首富。不过，上市之后，小鹏汽车的脚步没有放慢，P7、P5的发布让他们在20万-40万的价格区间拥有了家用轿车、轿跑，而G9在去年广州车展的亮相则补全了中大型SUV车型的空白。他们在国际化上也迈出了重要一步，以挪威为桥头堡，开拓了欧洲市场；还研制了空中飞行器，为几年后的“空战”做准备。“上市对于我们来说，可以获得资本市场更多的支持，这让我们能够做一些中长线的思考。”何小鹏说。何小鹏是一个长期主义者，他在向《财约你》解释“小鹏”这个名字的时候说，“小”代表一种初心，代表永远年轻，放在企业管理上，就会时刻提醒自己要向前，不能有大企业病，不能满足现状；“鹏”则是一种大鸟，可以化成“鲲”，飞得很高、很远。而一直以来，外界都对“小鹏”这个名字颇有非议，有觉得名字比较土的，也有认为用自己的名字来命名车辆太狂妄的，毕竟本田、奔驰这些世界知名车企才会用创始人名字。何小鹏则向《财约你》笑谈：“你读前100遍的时候会有土的感觉，但是第101遍就不会。”何小鹏也有个期待，就是再过10年、20年，用中国名字命名的品牌会走向世界。何小鹏一直都对丰田这家企业充满敬意，因为他们培养了大量的、可以一生都在丰田工作的工程师。这在今天的中国创业企业当中显得尤为珍贵。在接受《财约你》专访时，何小鹏也直言，希望能够为员工创造一个终生服务的环境和机制，为此他们制定了一套期权激励政策，就是希望员工们将目光放得更远。“过去二三十年，中国的汽车成长了很多，但说实话，汽车人是挺辛苦的，在造车新势力没有进来之前，汽车人的待遇也比较低。”何小鹏说。同时，何小鹏也期待公司能够继续折腾、创新，比如让员工换到不同的岗位，从事不同的工作，这会让员工获得更多的机会，从而能够在公司长时间干下去。何小鹏不喜欢“内卷”这个词。在此前，35岁曾是很多互联网公司员工难以逾越的坎，辞退35岁以上员工的新闻也频频引发热议。何小鹏则表示，他欢迎35岁以上的中高级段位的人才来到小鹏汽车，目前小鹏也有60岁以上的员工。他认为，汽车这个行业需要那些有经验的、技术实力强的人，而这些人的年龄往往都比较大。“我不太关注身体是否年轻，我们关注的是心态是否年轻。”何小鹏说如今的小鹏汽车已经走过了7个年头，与那些知名的百年车企相比，还只是个毛头小子。不过，他们的员工已经超过了万人，未来三年，小鹏还计划将员工规模扩大到5万人。何小鹏经常思考的一个问题是，如果让他做一个螺丝钉，公司是否还能做得更强？他认为，当企业很小的时候，重视的是人，当企业做大的时候，就要重视组织和体系，包括他在内，每个人都是组织体系的一部分。产品经理造车路2021年，小米、华为的入局，让智能汽车的赛道充满未知数。雷军在决定做汽车之前，曾经给何小鹏打过一个很长时间的电话，交流了切入的方法、资本的情况、行业的变革等。何小鹏对雷军的思考很认可，并鼓励雷军一起造车。他认为，对于很多企业来说，造车的窗口已经关闭，但对于华为、小米这样的企业来说，窗口仍然敞开着，主要是因为这些企业多年的积累可以迅速转换成价值。比如，这些企业在技术上的积累，可以让他们跳过纯电动车这个环节，直接进入到智能汽车的竞争中。而小鹏汽车在生产智能汽车之前，曾探索了很久纯电动车，走过了弯路。在何小鹏的意识中，精英主义是一个绕不过去的概念。他除了对小米、华为这样的精英企业倍加推崇之外，在产品设计的理念上也充满了精英主义的影子。多年的产品经理生涯，让他坚信，一个极致的产品不太可能由太多的人共同参与完成，因为不同的人会有不同的诉求，如果最后平衡了这些不同的诉求，那么产品就很难达到极致。一个产品的高度更依赖产品经理的天赋高度。他还认为，优秀的产品理念来自于对未来的看法，但是很多产品经理会陷入到盲人摸象的困境之中，基于已有的意识去设计。他认为，优秀的产品经理应该有跳跃性的思考能力。2020年9月，小鹏汽车在北京车展发布的飞行汽车器就很有“跳跃性”，这一度引起了外界对他们的嘲讽——地面上的竞争还没打完，就想着“空战”了。在2021年11月18日的发布会上，何小鹏再次公开对外宣布，已经招募了很多飞行行业的人才，明确将在2024年量产飞行汽车的整体框架，并希望用几年的时间打造一款很棒的飞行汽车。事实上，爱“飞翔”的何小鹏更多时候还是在“地上”，两次创业过程中，他需要解决各种各样的难题。时下，“芯片荒”是汽车行业面临的一大难题。11月18日，在接受《财约你》专访完之后，何小鹏就去参加了一个有关芯片的会议。在2021年，小鹏汽车的交付量超过了蔚来，独占造车新势力的交付排行榜榜首，这在一定程度上正是得益于他们对供应链的管理，较少受到“芯片荒”的影响。而蔚来汽车，则一度因为芯片问题，陷入停产状态。“我们内部讨论过很多次，短期内，芯片荒的问题很难解决，我们期待三四个季度后，这个问题能够得到解决吧。”何小鹏说。","news_type":1,"symbols_score_info":{"09868":0.9,"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":3021,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006160112,"gmtCreate":1641645042267,"gmtModify":1676533636860,"author":{"id":"4098191840350010","authorId":"4098191840350010","name":"yapkokpeng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098191840350010","idStr":"4098191840350010"},"themes":[],"htmlText":"😥","listText":"😥","text":"😥","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006160112","repostId":"2201921034","repostType":4,"repost":{"id":"2201921034","kind":"highlight","pubTimestamp":1641600682,"share":"https://ttm.financial/m/news/2201921034?lang=en_US&edition=fundamental","pubTime":"2022-01-08 08:11","market":"hk","language":"zh","title":"Sister Wood's ARK Fund is close to halving, and Wall Street's big banks are shivering","url":"https://stock-news.laohu8.com/highlight/detail?id=2201921034","media":"华尔街见闻","summary":"美联储放鹰后，木头姐ARK系列基金在表现一路下滑，其旗舰基金ARKK跌破52周低点，而华尔街投行挂钩ARK基金的结构性票据也无法置身事外，去年产生的至少50个与ARK相关的票据由于其与衍生产品分层，使得它们难以退出。","content":"<p><html><head></head><body>As the Federal Reserve's \"hawking\" advanced rate hike expectations, the yield of U.S. bonds jumped, and investors' subsequent interest rate expectations directly damaged the highly valued stocks represented by technology stocks.</p><p>The continuously rising Treasury Bond yield has further made ARKK feel the pressure. The 10-year Treasury Bond yield has gained 3 basis points today and is up 22 basis points this week. At the beginning of 2022, Sister Wood's flagship fund<a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a>(ARKK) had its worst start to the year in history, falling 7% in one day on Wednesday. As of publication, ARKK has fallen by 12.24% since the beginning of the year, far exceeding the 5.3% decline of the Nasdaq 100 index in the same period.</p><p><img src=\"https://static.tigerbbs.com/3ffb1d8d9fa141043bc72ccca4011163\" tg-width=\"839\" tg-height=\"469\" referrerpolicy=\"no-referrer\"/></p><p>All eight ETFs under Wood Sister have fallen in the trading days since 2022. On the fifth trading day of the first year, only Israel Innovation and Technology Fund (IZRL) did not fall, with an increase of 0.1% as of the publication.</p><p><img src=\"https://static.tigerbbs.com/1d8281478946ed37be758ae5c7157afd\" tg-width=\"743\" tg-height=\"599\" referrerpolicy=\"no-referrer\"/></p><p>Not only is Sister Wood in the \"center of the storm\", but the \"storm\" also spreads to Wall Street, because from<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>Large investment banks to Goldman Sachs Group have been issuing structured notes directly linked to the ARK series of floor funds.</p><p>The so-called Structured Notes are an investment tool that combines \"fixed-income products\" and \"derivative financial products\". Most of the principal is invested in fixed-income products through banks and other issuers, and the remaining small principal is used to engage in the operation of derivative financial products, while achieving the purpose of ensuring the appreciation of principal and assets.</p><p>Highly leveraged notes can offer huge upside returns but also painful downside losses, which is where 2021 and now heading into 2022 are headed. As long as ARK continues to rise, banks that launch these products can get big fees and benefits; However, once ARK falls, these notes become liabilities.</p><p>According to Bloomberg estimates, at least 50 ARK-linked structured notes, worth more than $100 million, were outlined by<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>Citigroup,<a href=\"https://laohu8.com/S/0HB5.UK\">BNP Paribas</a>Wait for bank issuance.</p><p>Due to the large leverage and difficulty of exiting structured notes, investors may face huge losses. While there is still a lot of time before the notes officially mature, investors in these products will all face principal losses based on recent moves.</p><p>Todd Rosenbluth, head of ETF and mutual fund research at CFRA, said:</p><p>Loyal investors in ARK's strategy want 2022 to be more like 2020 rather than a replica of 2021. Past performance success does not represent future results. Investors need to decide whether the rate of return they may bring in an environment of rising interest rates is worth the risks they take today. Return European leveraged notes, launched just last month and used to amplify ARK, fell as much as 17% intraday during the week. Tools set up to track ARK's returns have fallen, and those set up to deliver ARK's inverse performance have started the year the right way.</p><p>Wall Street's earlier article introduced that the funds with ARK for reverse exposure trading have been listed on the exchange one after another. Take Short Innovation ETF (SARK) under Tuttle Capital Management as an example, with a cumulative increase of 12.81% since the beginning of the year.</p><p></body></html></p>","source":"wallstreetcn_api","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sister Wood's ARK Fund is close to halving, and Wall Street's big banks are shivering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSister Wood's ARK Fund is close to halving, and Wall Street's big banks are shivering\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2022-01-08 08:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>As the Federal Reserve's \"hawking\" advanced rate hike expectations, the yield of U.S. bonds jumped, and investors' subsequent interest rate expectations directly damaged the highly valued stocks represented by technology stocks.</p><p>The continuously rising Treasury Bond yield has further made ARKK feel the pressure. The 10-year Treasury Bond yield has gained 3 basis points today and is up 22 basis points this week. At the beginning of 2022, Sister Wood's flagship fund<a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a>(ARKK) had its worst start to the year in history, falling 7% in one day on Wednesday. As of publication, ARKK has fallen by 12.24% since the beginning of the year, far exceeding the 5.3% decline of the Nasdaq 100 index in the same period.</p><p><img src=\"https://static.tigerbbs.com/3ffb1d8d9fa141043bc72ccca4011163\" tg-width=\"839\" tg-height=\"469\" referrerpolicy=\"no-referrer\"/></p><p>All eight ETFs under Wood Sister have fallen in the trading days since 2022. On the fifth trading day of the first year, only Israel Innovation and Technology Fund (IZRL) did not fall, with an increase of 0.1% as of the publication.</p><p><img src=\"https://static.tigerbbs.com/1d8281478946ed37be758ae5c7157afd\" tg-width=\"743\" tg-height=\"599\" referrerpolicy=\"no-referrer\"/></p><p>Not only is Sister Wood in the \"center of the storm\", but the \"storm\" also spreads to Wall Street, because from<a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>Large investment banks to Goldman Sachs Group have been issuing structured notes directly linked to the ARK series of floor funds.</p><p>The so-called Structured Notes are an investment tool that combines \"fixed-income products\" and \"derivative financial products\". Most of the principal is invested in fixed-income products through banks and other issuers, and the remaining small principal is used to engage in the operation of derivative financial products, while achieving the purpose of ensuring the appreciation of principal and assets.</p><p>Highly leveraged notes can offer huge upside returns but also painful downside losses, which is where 2021 and now heading into 2022 are headed. As long as ARK continues to rise, banks that launch these products can get big fees and benefits; However, once ARK falls, these notes become liabilities.</p><p>According to Bloomberg estimates, at least 50 ARK-linked structured notes, worth more than $100 million, were outlined by<a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a>Citigroup,<a href=\"https://laohu8.com/S/0HB5.UK\">BNP Paribas</a>Wait for bank issuance.</p><p>Due to the large leverage and difficulty of exiting structured notes, investors may face huge losses. While there is still a lot of time before the notes officially mature, investors in these products will all face principal losses based on recent moves.</p><p>Todd Rosenbluth, head of ETF and mutual fund research at CFRA, said:</p><p>Loyal investors in ARK's strategy want 2022 to be more like 2020 rather than a replica of 2021. Past performance success does not represent future results. Investors need to decide whether the rate of return they may bring in an environment of rising interest rates is worth the risks they take today. Return European leveraged notes, launched just last month and used to amplify ARK, fell as much as 17% intraday during the week. Tools set up to track ARK's returns have fallen, and those set up to deliver ARK's inverse performance have started the year the right way.</p><p>Wall Street's earlier article introduced that the funds with ARK for reverse exposure trading have been listed on the exchange one after another. Take Short Innovation ETF (SARK) under Tuttle Capital Management as an example, with a cumulative increase of 12.81% since the beginning of the year.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3649169\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/0fb0479ff67cd3a760cdce353bcb60ed","relate_stocks":{"BK4544":"ARK ETF合集","ARKK":"ARK Innovation ETF"},"source_url":"https://wallstreetcn.com/articles/3649169","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201921034","content_text":"随着美联储“放鹰”提前了加息预期，致使美债收益率跃升，投资者随之上调的利率预期直接损害了以科技股为代表的高估值股票。持续上升的国债收益率，让ARKK进一步感受到了压力。10年期国债收益率今天已上涨3个基点，本周上涨22个基点。2022年开年，木头姐的旗舰基金ARK Innovation ETF（ARKK）创史上最糟开年表现，本周三一天就跌了7%。截止发文，ARKK开年来累计下跌12.24%，远超同期纳斯达克100指数的跌幅5.3%。木头姐旗下8只ETF在2022年以来的交易日中也悉数下跌，在开年第五个交易日盘中，只有以色列创新技术基金（IZRL）没有下跌，截止发文，涨幅达0.1%。不光木头姐在“风暴中心”，“风暴”还波及到华尔街，因为从摩根大通到高盛集团的大型投资银行一直在发行与木头姐ARK系列场内基金直接挂钩的结构性票据。所谓结构性票据Structured Notes，就是一种结合“固定收益型产品”及“衍生性金融产品”的投资工具，通过银行等发行机构将大部分的本金投资于固定收益产品，利用剩余少数的本金从事衍生性金融产品的操作，同时达到保障本金与资产增值的目的。高杠杆票据可以提供巨大的上行回报，但也会带来惨痛的下行损失，这就是2021年和现在进入2022年的方向。只要ARK持续上涨，推出这些产品的银行就能获得大笔费用和收益；然而，一旦ARK下跌，这些票据就会变成负债。根据彭博社估计，截至去年年初，至少有50种与ARK相关的结构性票据，价值超过1亿美元，由摩根士丹利、花旗集团、法国巴黎银行等银行发行。由于结构性票据较大的杠杆和难以退出的特点，投资者或将面临超大的损失。虽然距离票据正式到期还有很多时间，但根据最近的走势，这些产品的投资者都将面临本金损失。CFRA的ETF和共同基金研究主管Todd Rosenbluth表示：ARK策略的忠实投资者希望2022年能更像2020年，而不是2021年的翻版。过去的业绩成功并不代表未来的结果，投资者需要决定在利率上升的环境中，可能来带的回报率是否值得他们承受如今的风险。就在上个月推出的被用来放大ARK的回报欧洲杠杆票据，在本周内盘中跌幅高达17%。为追踪ARK的回报而设立的工具已经下跌，而那些为实现ARK的反向表现而设立的工具则以正确的方式开始了今年的工作。华尔街见闻稍早前文章介绍过的以ARK进行反向敞口交易的基金陆续在交易所上市，以Tuttle Capital Management旗下的Short Innovation ETF（SARK）为例，年初至今累计涨幅达12.81%。","news_type":1,"symbols_score_info":{"ARKK":1}},"isVote":1,"tweetType":1,"viewCount":3268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}