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2021-05-27

Right

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2021-05-26

Oh no

J&J shares fell nearly 1%,as Belgium halts J&J COVID vaccine for under 41s after one dies<blockquote>强生股价下跌近 1%，比利时在一名 41 岁以下人群死亡后停止接种强生新冠疫苗</blockquote>

2021-05-11

Wow

Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals<blockquote>凯茜·伍德对这三个中国阿里巴巴-SW竞争对手百看不厌</blockquote>

2021-04-25

Interesting.

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2021-04-25

Enlightening

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2021-04-23

So true

Warren Buffett could teach traders in dogecoin, GameStop and other hot trends a few things about ‘Mr. Market’<blockquote>沃伦·巴菲特可以教狗狗币、游戏驿站和其他热门趋势的交易者一些关于“先生”的事情。市场</blockquote>

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no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/136440124","repostId":"1181016358","repostType":4,"repost":{"id":"1181016358","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622036690,"share":"https://www.laohunote.com/m/news/1181016358?lang=zh_CN&edition=full","pubTime":"2021-05-26 21:44","market":"us","language":"en","title":"J&J shares fell nearly 1%,as Belgium halts J&J COVID vaccine for under 41s after one dies<blockquote>强生股价下跌近 1%，比利时在一名 41 岁以下人群死亡后停止接种强生新冠疫苗</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181016358","media":"Tiger Newspress","summary":"J&J shares fell nearly 1%,as Belgium halts J&J COVID vaccine for under 41s after one dies.\nBelgium s","content":"<p>J&amp;J&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;1%,as&nbsp;Belgium halts J&amp;J COVID vaccine for under 41s after one dies.</p><p><blockquote>强生股价下跌近 1%，比利时在一名 41 岁以下人群死亡后停止为 41 岁以下人群接种强生新冠疫苗。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ac7b8ab53496333e2dee0d0a6f97c686\" tg-width=\"795\" tg-height=\"592\">Belgium said on Wednesday it was suspending vaccinations with Johnson &amp; Johnson's Janssen COVID-19 vaccine for people under the age of 41 following the death of a woman from severe side-effects after she was given the shot.</p><p><blockquote>比利时周三表示，暂停为 41 岁以下人群接种强生公司的杨森 COVID-19 疫苗，此前一名妇女在接种疫苗后因严重副作用死亡。</blockquote></p><p> \"The Inter-ministerial conference has decided to temporarily administer Janssen's vaccine to the general population from the age of 41 years, pending a more detailed benefit-risk analysis by the EMA,\" said a statement issued by Belgium's federal health minister and seven regional counterparts.</p><p><blockquote>比利时联邦卫生部长和七个地区同行发表声明称：“部际会议已决定暂时为 41 岁以上的普通人群接种杨森疫苗，等待欧洲药品管理局进行更详细的效益风险分析。”</blockquote></p><p></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>J&J shares fell nearly 1%,as Belgium halts J&J COVID vaccine for under 41s after one dies<blockquote>强生股价下跌近 1%，比利时在一名 41 岁以下人群死亡后停止接种强生新冠疫苗</blockquote></title>\n<style 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}\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\">\nJ&J shares fell nearly 1%,as Belgium halts J&J COVID vaccine for under 41s after one dies<blockquote>强生股价下跌近 1%，比利时在一名 41 岁以下人群死亡后停止接种强生新冠疫苗</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-05-26 21:44</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>J&amp;J&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;1%,as&nbsp;Belgium halts J&amp;J COVID vaccine for under 41s after one dies.</p><p><blockquote>强生股价下跌近 1%，比利时在一名 41 岁以下人群死亡后停止为 41 岁以下人群接种强生新冠疫苗。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ac7b8ab53496333e2dee0d0a6f97c686\" tg-width=\"795\" tg-height=\"592\">Belgium said on Wednesday it was suspending vaccinations with Johnson &amp; Johnson's Janssen COVID-19 vaccine for people under the age of 41 following the death of a woman from severe side-effects after she was given the shot.</p><p><blockquote>比利时周三表示，暂停为 41 岁以下人群接种强生公司的杨森 COVID-19 疫苗，此前一名妇女在接种疫苗后因严重副作用死亡。</blockquote></p><p> \"The Inter-ministerial conference has decided to temporarily administer Janssen's vaccine to the general population from the age of 41 years, pending a more detailed benefit-risk analysis by the EMA,\" said a statement issued by Belgium's federal health minister and seven regional counterparts.</p><p><blockquote>比利时联邦卫生部长和七个地区同行发表声明称：“部际会议已决定暂时为 41 岁以上的普通人群接种杨森疫苗，等待欧洲药品管理局进行更详细的效益风险分析。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181016358","content_text":"J&J shares fell nearly 1%,as Belgium halts J&J COVID vaccine for under 41s after one dies.\nBelgium said on Wednesday it was suspending vaccinations with Johnson & Johnson's Janssen COVID-19 vaccine for people under the age of 41 following the death of a woman from severe side-effects after she was given the shot.\n\"The Inter-ministerial conference has decided to temporarily administer Janssen's vaccine to the general population from the age of 41 years, pending a more detailed benefit-risk analysis by the EMA,\" said a statement issued by Belgium's federal health minister and seven regional counterparts.","news_type":1,"symbols_score_info":{"JNJ":0.9}},"isVote":1,"tweetType":1,"viewCount":2091,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193002480,"gmtCreate":1620738378640,"gmtModify":1634196719834,"author":{"id":"3582022453187692","authorId":"3582022453187692","name":"junneo","avatar":"https://static.tigerbbs.com/c88d0b2e2b09971887be4e29f44aff48","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582022453187692","idStr":"3582022453187692"},"themes":[],"title":"","htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/193002480","repostId":"1146143312","repostType":2,"repost":{"id":"1146143312","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1620009785,"share":"https://www.laohunote.com/m/news/1146143312?lang=zh_CN&edition=full","pubTime":"2021-05-03 10:43","market":"us","language":"en","title":"Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals<blockquote>凯茜·伍德对这三个中国阿里巴巴-SW竞争对手百看不厌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1146143312","media":"Benzinga Earnings","summary":"Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks","content":"<p>Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese&nbsp;stocks that are rival to&nbsp;<b>Alibaba Group Holding</b>&nbsp;(NYSE:BABA) in the e-commerce and online groceries space.</p><p><blockquote>凯西·伍德 (Cathie Wood) 领导的方舟投资管理公司 (Ark Investment Management) 最近大举买入了三只中国股票，这些股票与<b>阿里巴巴-SW集团控股</b>（纽约证券交易所股票代码：BABA）在电子商务和在线杂货领域。</blockquote></p><p> The Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group.&nbsp;Alibaba was fined $2.8 billion by China in April as what&nbsp;many perceived&nbsp;to be the end of regulatory troubles for the e-commerce giant.</p><p><blockquote>自去年10月以来，马云领导的阿里巴巴-SW股价暴跌21.4%，原因是与中国政府的纠纷，包括金融科技子公司蚂蚁集团的首次公开募股计划泡汤。今年4月，阿里巴巴-SW被中国罚款28亿美元，许多人认为这标志着这家电子商务巨头监管麻烦的结束。</blockquote></p><p> Wood's firm continues to hold about&nbsp;636,894 shares in Alibaba, worth around&nbsp;$147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.</p><p><blockquote>伍德的公司继续持有约 636,894 股阿里巴巴-SW股票，截至周五价值约 1.471 亿美元，但近几个月来，该公司大量增持了竞争对手的股票，其中一些股票现在占其持股比例高于阿里巴巴-SW。</blockquote></p><p> <b>Pinduoduo Inc</b>&nbsp;(NASDAQ:PDD): Ark&nbsp;started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.</p><p><blockquote><b>拼多多公司</b>（纳斯达克股票代码：PDD）：截至周五收盘，Ark 于 3 月份开始增持中国电子商务巨头拼多多的股票，迄今为止已累计增持 1,452,181 股，价值约 1.945 亿美元。</blockquote></p><p> The&nbsp;<b>Ark Fintech Innovation ETF</b>&nbsp;(NYSE:ARKF) and the&nbsp;<b>ArkNext Generation Internet ETF</b>&nbsp;(NYSE:ARKW) currently hold the PDD shares.</p><p><blockquote>这个<b>方舟金融科技创新ETF</b>（纽约证券交易所代码：ARKF）和<b>方舟下一代互联网ETF</b>（纽约证券交易所股票代码：ARKW）目前持有 PDD 股票。</blockquote></p><p> The Shanghai-based&nbsp;company is known to be China's largest&nbsp;agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service.&nbsp;Farmers list their fruits and vegetables for direct sale to consumers.</p><p><blockquote>这家总部位于上海的公司是中国最大的农业平台，去年推出了Duo Duo Grocery，这是一项次日杂货提货服务。农民们将他们的水果和蔬菜列出来，直接出售给消费者。</blockquote></p><p> Shares of Pinduoduo closed 2.59% lower at $133.93 on Friday.</p><p><blockquote>拼多多股价周五收盘下跌 2.59%，至 133.93 美元。</blockquote></p><p> <b>JD.com Inc</b>&nbsp;(NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the&nbsp;<b>Autonomous Technology &amp; Robotics ETF</b>&nbsp;(BATS:ARKQ) and the&nbsp;<b>Space Exploration &amp; Innovation ETF</b>&nbsp;(BATS:ARKX).</p><p><blockquote><b>京东公司</b>（纳斯达克股票代码：JD）：该投资公司通过其四只基金持有这家中国电子商务公司约 6,064,238 股股票，价值约 4.691 亿美元。这些是ARKF，ARKW，<b>自主技术与机器人 ETF</b>（蝙蝠：ARKQ）和<b>太空探索与创新 ETF</b>（蝙蝠：ARKX）。</blockquote></p><p> JD.com is an&nbsp;e-commerce company headquartered in Beijing that runs&nbsp;one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.</p><p><blockquote>京东是一家总部位于北京的电子商务公司，经营着中国两大B2C在线零售商之一，是阿里巴巴-SW运营的天猫的主要竞争对手。</blockquote></p><p> JD stock closed 0.6% lower at $77.36 on Friday.</p><p><blockquote>京东股价周五收盘下跌 0.6%，至 77.36 美元。</blockquote></p><p> <b>Meituan</b>&nbsp;(OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.</p><p><blockquote><b>美团-W</b>（场外交易代码：MPNGY）：Ark 通过 ARKF 和 ARKX 持有该公司 3,264,117 股港股，价值约 1.252 亿美元。</blockquote></p><p> The New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.</p><p><blockquote>这家总部位于纽约的投资公司本周早些时候在其研究报告中表示，它认为美团-W正在最后一公里自动配送竞赛中挑战京东物流和阿里巴巴旗下菜鸟等竞争对手。</blockquote></p><p> “While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.</p><p><blockquote>“方舟分析师崔玉龙（Yulong Cui）在给投资者的一份报告中写道：”虽然更广泛的采用将取决于各地区的监管部门批准，但与载客的机器人出租车相比，速度较慢、没有乘客的机器人送货车可能需要通过更低的安全障碍。</blockquote></p><p> Meituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.</p><p><blockquote>美团-W本周早些时候筹集了 100 亿美元，用于资助其最后一英里自动送货小型货车和无人机项目，以对抗杂货领域的阿里巴巴-SW。经过近一年的测试，美团-W正在北京顺义区推出下一代自动送货小型货车。</blockquote></p><p> Meituan OTC shares closed 2.48% lower at $76.64 on Friday.</p><p><blockquote>美团-W场外交易股价周五收盘下跌 2.48%，至 76.64 美元。</blockquote></p><p></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>Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals<blockquote>凯茜·伍德对这三个中国阿里巴巴-SW竞争对手百看不厌</blockquote></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; 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}\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\">\nCathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals<blockquote>凯茜·伍德对这三个中国阿里巴巴-SW竞争对手百看不厌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-05-03 10:43</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese&nbsp;stocks that are rival to&nbsp;<b>Alibaba Group Holding</b>&nbsp;(NYSE:BABA) in the e-commerce and online groceries space.</p><p><blockquote>凯西·伍德 (Cathie Wood) 领导的方舟投资管理公司 (Ark Investment Management) 最近大举买入了三只中国股票，这些股票与<b>阿里巴巴-SW集团控股</b>（纽约证券交易所股票代码：BABA）在电子商务和在线杂货领域。</blockquote></p><p> The Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group.&nbsp;Alibaba was fined $2.8 billion by China in April as what&nbsp;many perceived&nbsp;to be the end of regulatory troubles for the e-commerce giant.</p><p><blockquote>自去年10月以来，马云领导的阿里巴巴-SW股价暴跌21.4%，原因是与中国政府的纠纷，包括金融科技子公司蚂蚁集团的首次公开募股计划泡汤。今年4月，阿里巴巴-SW被中国罚款28亿美元，许多人认为这标志着这家电子商务巨头监管麻烦的结束。</blockquote></p><p> Wood's firm continues to hold about&nbsp;636,894 shares in Alibaba, worth around&nbsp;$147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.</p><p><blockquote>伍德的公司继续持有约 636,894 股阿里巴巴-SW股票，截至周五价值约 1.471 亿美元，但近几个月来，该公司大量增持了竞争对手的股票，其中一些股票现在占其持股比例高于阿里巴巴-SW。</blockquote></p><p> <b>Pinduoduo Inc</b>&nbsp;(NASDAQ:PDD): Ark&nbsp;started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.</p><p><blockquote><b>拼多多公司</b>（纳斯达克股票代码：PDD）：截至周五收盘，Ark 于 3 月份开始增持中国电子商务巨头拼多多的股票，迄今为止已累计增持 1,452,181 股，价值约 1.945 亿美元。</blockquote></p><p> The&nbsp;<b>Ark Fintech Innovation ETF</b>&nbsp;(NYSE:ARKF) and the&nbsp;<b>ArkNext Generation Internet ETF</b>&nbsp;(NYSE:ARKW) currently hold the PDD shares.</p><p><blockquote>这个<b>方舟金融科技创新ETF</b>（纽约证券交易所代码：ARKF）和<b>方舟下一代互联网ETF</b>（纽约证券交易所股票代码：ARKW）目前持有 PDD 股票。</blockquote></p><p> The Shanghai-based&nbsp;company is known to be China's largest&nbsp;agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service.&nbsp;Farmers list their fruits and vegetables for direct sale to consumers.</p><p><blockquote>这家总部位于上海的公司是中国最大的农业平台，去年推出了Duo Duo Grocery，这是一项次日杂货提货服务。农民们将他们的水果和蔬菜列出来，直接出售给消费者。</blockquote></p><p> Shares of Pinduoduo closed 2.59% lower at $133.93 on Friday.</p><p><blockquote>拼多多股价周五收盘下跌 2.59%，至 133.93 美元。</blockquote></p><p> <b>JD.com Inc</b>&nbsp;(NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the&nbsp;<b>Autonomous Technology &amp; Robotics ETF</b>&nbsp;(BATS:ARKQ) and the&nbsp;<b>Space Exploration &amp; Innovation ETF</b>&nbsp;(BATS:ARKX).</p><p><blockquote><b>京东公司</b>（纳斯达克股票代码：JD）：该投资公司通过其四只基金持有这家中国电子商务公司约 6,064,238 股股票，价值约 4.691 亿美元。这些是ARKF，ARKW，<b>自主技术与机器人 ETF</b>（蝙蝠：ARKQ）和<b>太空探索与创新 ETF</b>（蝙蝠：ARKX）。</blockquote></p><p> JD.com is an&nbsp;e-commerce company headquartered in Beijing that runs&nbsp;one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.</p><p><blockquote>京东是一家总部位于北京的电子商务公司，经营着中国两大B2C在线零售商之一，是阿里巴巴-SW运营的天猫的主要竞争对手。</blockquote></p><p> JD stock closed 0.6% lower at $77.36 on Friday.</p><p><blockquote>京东股价周五收盘下跌 0.6%，至 77.36 美元。</blockquote></p><p> <b>Meituan</b>&nbsp;(OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.</p><p><blockquote><b>美团-W</b>（场外交易代码：MPNGY）：Ark 通过 ARKF 和 ARKX 持有该公司 3,264,117 股港股，价值约 1.252 亿美元。</blockquote></p><p> The New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.</p><p><blockquote>这家总部位于纽约的投资公司本周早些时候在其研究报告中表示，它认为美团-W正在最后一公里自动配送竞赛中挑战京东物流和阿里巴巴旗下菜鸟等竞争对手。</blockquote></p><p> “While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.</p><p><blockquote>“方舟分析师崔玉龙（Yulong Cui）在给投资者的一份报告中写道：”虽然更广泛的采用将取决于各地区的监管部门批准，但与载客的机器人出租车相比，速度较慢、没有乘客的机器人送货车可能需要通过更低的安全障碍。</blockquote></p><p> Meituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.</p><p><blockquote>美团-W本周早些时候筹集了 100 亿美元，用于资助其最后一英里自动送货小型货车和无人机项目，以对抗杂货领域的阿里巴巴-SW。经过近一年的测试，美团-W正在北京顺义区推出下一代自动送货小型货车。</blockquote></p><p> Meituan OTC shares closed 2.48% lower at $76.64 on Friday.</p><p><blockquote>美团-W场外交易股价周五收盘下跌 2.48%，至 76.64 美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","03690":"美团-W","ARKQ":"ARK Autonomous Technology & Robotics ETF","MPNGY":"美团ADR","09988":"阿里巴巴-W","ARKX":"ARK Space Exploration & Innovation ETF","09618":"京东集团-SW","JD":"京东","PDD":"拼多多","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internet ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146143312","content_text":"Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks that are rival to Alibaba Group Holding (NYSE:BABA) in the e-commerce and online groceries space.\nThe Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group. Alibaba was fined $2.8 billion by China in April as what many perceived to be the end of regulatory troubles for the e-commerce giant.\nWood's firm continues to hold about 636,894 shares in Alibaba, worth around $147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.\nPinduoduo Inc (NASDAQ:PDD): Ark started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.\nThe Ark Fintech Innovation ETF (NYSE:ARKF) and the ArkNext Generation Internet ETF (NYSE:ARKW) currently hold the PDD shares.\nThe Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.\nShares of Pinduoduo closed 2.59% lower at $133.93 on Friday.\nJD.com Inc (NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the Autonomous Technology & Robotics ETF (BATS:ARKQ) and the Space Exploration & Innovation ETF (BATS:ARKX).\nJD.com is an e-commerce company headquartered in Beijing that runs one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.\nJD stock closed 0.6% lower at $77.36 on Friday.\nMeituan (OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.\nThe New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.\n“While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.\nMeituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.\nMeituan OTC shares closed 2.48% lower at $76.64 on Friday.","news_type":1,"symbols_score_info":{"ARKW":0.9,"BABA":0.9,"JD":0.9,"MPNGY":0.9,"03690":0.9,"09618":0.9,"PDD":0.9,"ARKQ":0.9,"09988":0.9,"ARKF":0.9,"ARKX":0.9}},"isVote":1,"tweetType":1,"viewCount":2108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375527543,"gmtCreate":1619365928582,"gmtModify":1634273994190,"author":{"id":"3582022453187692","authorId":"3582022453187692","name":"junneo","avatar":"https://static.tigerbbs.com/c88d0b2e2b09971887be4e29f44aff48","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582022453187692","idStr":"3582022453187692"},"themes":[],"title":"","htmlText":"Interesting.","listText":"Interesting.","text":"Interesting.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375527543","repostId":"1132391349","repostType":4,"isVote":1,"tweetType":1,"viewCount":2045,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375524118,"gmtCreate":1619365710434,"gmtModify":1634273995498,"author":{"id":"3582022453187692","authorId":"3582022453187692","name":"junneo","avatar":"https://static.tigerbbs.com/c88d0b2e2b09971887be4e29f44aff48","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582022453187692","idStr":"3582022453187692"},"themes":[],"title":"","htmlText":"Enlightening","listText":"Enlightening","text":"Enlightening","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375524118","repostId":"1188060568","repostType":4,"isVote":1,"tweetType":1,"viewCount":2679,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376642057,"gmtCreate":1619118872479,"gmtModify":1634288444690,"author":{"id":"3582022453187692","authorId":"3582022453187692","name":"junneo","avatar":"https://static.tigerbbs.com/c88d0b2e2b09971887be4e29f44aff48","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582022453187692","idStr":"3582022453187692"},"themes":[],"title":"","htmlText":"So true","listText":"So true","text":"So true","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/376642057","repostId":"1171301745","repostType":4,"repost":{"id":"1171301745","kind":"news","pubTimestamp":1619107041,"share":"https://www.laohunote.com/m/news/1171301745?lang=zh_CN&edition=full","pubTime":"2021-04-22 23:57","market":"us","language":"en","title":"Warren Buffett could teach traders in dogecoin, GameStop and other hot trends a few things about ‘Mr. Market’<blockquote>沃伦·巴菲特可以教狗狗币、游戏驿站和其他热门趋势的交易者一些关于“先生”的事情。市场</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171301745","media":"MarketWatch","summary":"Be skeptical of fads, fashions and trends and operate within your circle of competence\nMarketWatch p","content":"<p>Be skeptical of fads, fashions and trends and operate within your circle of competence</p><p><blockquote>对时尚、时尚和趋势持怀疑态度，并在自己的能力范围内运作</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/db221b5c38828963f24b035309d8303e\" tg-width=\"1260\" tg-height=\"876\"><span>MarketWatch photo illustration/iStockphoto</span></p><p><blockquote><p class=\"t-img-caption\"><span>MarketWatch 照片插图/iStockphoto</span></p></blockquote></p><p> As the old joke goes, St. Peter had some bad news for an oil&nbsp;prospector&nbsp;who appeared at the pearly gates of heaven: “You’re qualified for admission,” said St. Peter, “but, as you can see, the section for oil prospectors is packed. There’s no way to fit you in.”</p><p><blockquote>俗话说，圣彼得给一位出现在天堂珍珠之门的石油勘探者带来了一些坏消息： “圣彼得说：”你有资格入场，“但是，正如你所看到的，石油勘探者的区域已经挤满了人。没有办法让你进去”。</blockquote></p><p> After a moment, the prospector asked to say just four words to the present occupants.&nbsp;That seemed harmless to St. Peter, so the prospector yelled, “Oil discovered in hell!”&nbsp; Immediately, most of the oil prospectors stampeded out for the nether regions.&nbsp;Impressed, St. Peter invited the prospector to move in and get comfortable. The prospector paused, saying “No, I think I’ll go along with the rest of them.&nbsp; There might be some truth to that rumor after all.”</p><p><blockquote>过了一会儿，勘探者要求对在场的居住者只说四个字。这对圣彼得来说似乎无伤大雅，于是勘探者大喊道：“地狱里发现了石油!” 立刻，大部分石油勘探者都涌向了下层区域。圣彼得印象深刻，邀请勘探者搬进去休息。勘探者顿了顿，说道：“不，我想我会和其他人一起去。那个谣言可能有一定的道理。”</blockquote></p><p> Let that be a warning to CEOs and shareholders. Steering clear of rumors and self-delusion has been one of Warren Buffett’s key rules, ingrained into Berkshire Hathaway for years. We all need to hear such lessons repeatedly because reality’s temptations are always at war with our ideals.</p><p><blockquote>让这成为对首席执行官和股东的警告。避开谣言和自欺欺人一直是沃伦-巴菲特的关键准则之一，多年来，这一准则在伯克希尔-哈撒韦公司根深蒂固。我们都需要反复听到这样的教训，因为现实的诱惑总是与我们的理想交战。</blockquote></p><p> The serial frenzies in meme stocks like&nbsp;GameStop&nbsp;and cryptocurrencies like dogecoin&nbsp;make this a good time to contrast what investors should do from what many seem to do. Comparing Berkshire’s and crypto’s faithful is apt given their outsized followings: an estimated 30 million Americanshave traded cryptocurrencies and 30 million are expected to stream this year’s Berkshire virtual annual meeting on May 1.</p><p><blockquote>游戏驿站等模因股票和狗狗币等加密货币的连续狂热使得现在成为对比投资者应该做的事情和许多人似乎做的事情的好时机。鉴于伯克希尔和加密货币的追随者众多，将它们进行比较是恰当的： 据估计，将有 3000 万美国人交易加密货币，预计将有 3000 万人在 5 月 1 日观看今年的伯克希尔虚拟年会。</blockquote></p><p> Buffett defines Berkshire as a corporation with a partnership attitude. The value of each investor’s stake will rise (or fall) in lock step. This contrasts with how many seem to view companies with meme stocks or most of the crypto space. There, the culture is casino-like, where a small few stand to reap unimaginable riches while the overwhelming majority lose their shirts.&nbsp;</p><p><blockquote>巴菲特将伯克希尔定义为一家具有合伙态度的公司。每个投资者的股权价值将在锁定步骤中上升（或下降）。这与许多人似乎认为拥有模因股票或大部分加密货币领域的公司形成鲜明对比。那里的文化就像赌场一样，少数人站在那里收获难以想象的财富，而绝大多数人失去了他们的衬衫。</blockquote></p><p> Moreover, Berkshire’s culture emphasizes patience and permanence. The company ideally holds investments and businesses forever and encourages its shareholders to hold indefinitely, through thick and thin. In the world of meme stocks and cryptocurrency trading, a strong norm favors immediate payday profits to be taken off the board. &nbsp;</p><p><blockquote>此外，伯克希尔的文化强调耐心和持久。该公司理想地永远持有投资和业务，并鼓励其股东无限期持有，无论风雨无阻。在迷因股票和加密货币交易的世界里，一个强有力的规范有利于从董事会中提取即时发薪日利润。 </blockquote></p><p> Relatedly, the Berkshire ideal accepts that it requires decades to build capital and that accumulating wealth entails skill and time — as well as a bit of luck. In contrast are those who strive to get rich quickly — and effortlessly. Today, some investment market players even seem to believe that everyone should be rich, as a matter of entitlement.</p><p><blockquote>与此相关的是，伯克希尔理想公司承认，积累资本需要数十年时间，积累财富需要技能和时间，以及一点运气。与之形成鲜明对比的是那些努力快速、毫不费力地致富的人。今天，一些投资市场参与者甚至似乎认为每个人都应该富有，这是一个权利问题。</blockquote></p><p> The ideal Berkshire investor focuses on business, operating strategies, products or services and competitive advantages. For many in the meme-crypto world, what counts is hype and adrenaline, not whether there’s a business plan, let alone operations or customers. The Berkshire model is skeptical of fads, fashions and trends, while dogecoin and other cryptos thrive on these.</p><p><blockquote>理想的伯克希尔投资者关注业务、运营战略、产品或服务以及竞争优势。对于许多人来说，重要的是炒作和肾上腺素，而不是是否有商业计划，更不用说运营或客户了。伯克希尔模式对时尚、时尚和趋势持怀疑态度，而狗狗币和其他加密货币却在这些方面蓬勃发展。</blockquote></p><p> This leads to the Berkshire canon’s cardinal principle: the circle of competence. It prescribes to invest only in what you can understand with a moderate amount of effort. This excludes at least some meme stocks and many currently faddish&nbsp;“blank-check” IPO-mergers. For most people, cryptocurrencies are outside of their circle of competence. Indeed, large numbers of investors nowadays appear to be way out of their circle of competence.</p><p><blockquote>这就引出了伯克希尔教规的基本原则：能力圈。它规定只投资于你能通过适度努力理解的东西。这至少不包括一些备忘录股票和许多目前流行的 “空白支票 ”IPO合并。对大多数人来说，加密货币超出了他们的能力范围。事实上，如今大量投资者似乎远远超出了他们的能力范围。</blockquote></p><p> For investments within one’s circle of competence, Berkshire adherents appreciate that prices fluctuate widely and no one can predict such volatility. “Mr. Market” is a moody manic, always willing to trade with you at the going price, sometimes elevated, sometimes depressed.</p><p><blockquote>对于自己能力范围内的投资，伯克希尔的追随者明白价格波动很大，没有人能够预测这种波动。“市场先生”是个喜怒无常的狂躁分子，总是愿意以现价与你交易，时而高涨，时而低迷。</blockquote></p><p> Following from both the limits of personal competence and the whims of markets, the Berkshire playbook demands a wide margin between the price paid and the value received. In Berkshire’s value-investing lexicon, this is the “margin of safety,” and Buffett has long said that these are the&nbsp;three most important words in investing.</p><p><blockquote>根据个人能力的限制和市场的突发奇想，伯克希尔的剧本要求支付的价格和收到的价值之间有很大的差距。在伯克希尔的价值投资词汇中，这就是 “安全边际”，巴菲特早就说过，这是投资中最重要的三个词。</blockquote></p><p> Finally, besides avoiding rumor-mongering and self-delusion, the Berkshire playbook says to beware the delusions of others. Berkshire’s Vice Chairman, Charlie Munger, tells a story about fishing for muskies at Leech Lake in Minnesota. A visiting angler asked the local guide, “Are any muskies caught in this lake?”</p><p><blockquote>最后，除了避免造谣和自欺欺人之外，伯克希尔的剧本还说要小心他人的妄想。伯克希尔公司副董事长查理-芒格（Charlie Munger）讲述了一个在明尼苏达州利奇湖（Leech Lake）捕捞麝香的故事。一位来访的垂钓者问当地导游：“这个湖里有捕到麝香猫吗？”</blockquote></p><p> “More muskies are caught in this lake than in any other lake in Minnesota,” the guide replied.&nbsp; “This lake is famous for muskies.”</p><p><blockquote>“导游回答说：”这个湖里捕获的麝香猫比明尼苏达州其他任何湖里都多。“这个湖以麝香猫闻名”。</blockquote></p><p> “How long have you been fishing here?”</p><p><blockquote>“你在这里钓鱼多久了？”</blockquote></p><p> “Nineteen years,” the guide said.</p><p><blockquote>“导游说：”十九年。</blockquote></p><p> “And how many muskies have you caught?”</p><p><blockquote>“你抓了多少只麝香猫？”</blockquote></p><p> “None.”</p><p><blockquote>“没有。”</blockquote></p><p></p><p> So the next time someone tells you of the untold riches being made in day trading, ask them, “How much cash have you banked?”</p><p><blockquote>因此，下次有人告诉你日内交易带来的难以言喻的财富时，问问他们：“你在银行存了多少现金？”</blockquote></p><p></p>","source":"lsy1603348471595","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>Warren Buffett could teach traders in dogecoin, GameStop and other hot trends a few things about ‘Mr. Market’<blockquote>沃伦·巴菲特可以教狗狗币、游戏驿站和其他热门趋势的交易者一些关于“先生”的事情。市场</blockquote></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; 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}\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\">\nWarren Buffett could teach traders in dogecoin, GameStop and other hot trends a few things about ‘Mr. Market’<blockquote>沃伦·巴菲特可以教狗狗币、游戏驿站和其他热门趋势的交易者一些关于“先生”的事情。市场</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-04-22 23:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Be skeptical of fads, fashions and trends and operate within your circle of competence</p><p><blockquote>对时尚、时尚和趋势持怀疑态度，并在自己的能力范围内运作</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/db221b5c38828963f24b035309d8303e\" tg-width=\"1260\" tg-height=\"876\"><span>MarketWatch photo illustration/iStockphoto</span></p><p><blockquote><p class=\"t-img-caption\"><span>MarketWatch 照片插图/iStockphoto</span></p></blockquote></p><p> As the old joke goes, St. Peter had some bad news for an oil&nbsp;prospector&nbsp;who appeared at the pearly gates of heaven: “You’re qualified for admission,” said St. Peter, “but, as you can see, the section for oil prospectors is packed. There’s no way to fit you in.”</p><p><blockquote>俗话说，圣彼得给一位出现在天堂珍珠之门的石油勘探者带来了一些坏消息： “圣彼得说：”你有资格入场，“但是，正如你所看到的，石油勘探者的区域已经挤满了人。没有办法让你进去”。</blockquote></p><p> After a moment, the prospector asked to say just four words to the present occupants.&nbsp;That seemed harmless to St. Peter, so the prospector yelled, “Oil discovered in hell!”&nbsp; Immediately, most of the oil prospectors stampeded out for the nether regions.&nbsp;Impressed, St. Peter invited the prospector to move in and get comfortable. The prospector paused, saying “No, I think I’ll go along with the rest of them.&nbsp; There might be some truth to that rumor after all.”</p><p><blockquote>过了一会儿，勘探者要求对在场的居住者只说四个字。这对圣彼得来说似乎无伤大雅，于是勘探者大喊道：“地狱里发现了石油!” 立刻，大部分石油勘探者都涌向了下层区域。圣彼得印象深刻，邀请勘探者搬进去休息。勘探者顿了顿，说道：“不，我想我会和其他人一起去。那个谣言可能有一定的道理。”</blockquote></p><p> Let that be a warning to CEOs and shareholders. Steering clear of rumors and self-delusion has been one of Warren Buffett’s key rules, ingrained into Berkshire Hathaway for years. We all need to hear such lessons repeatedly because reality’s temptations are always at war with our ideals.</p><p><blockquote>让这成为对首席执行官和股东的警告。避开谣言和自欺欺人一直是沃伦-巴菲特的关键准则之一，多年来，这一准则在伯克希尔-哈撒韦公司根深蒂固。我们都需要反复听到这样的教训，因为现实的诱惑总是与我们的理想交战。</blockquote></p><p> The serial frenzies in meme stocks like&nbsp;GameStop&nbsp;and cryptocurrencies like dogecoin&nbsp;make this a good time to contrast what investors should do from what many seem to do. Comparing Berkshire’s and crypto’s faithful is apt given their outsized followings: an estimated 30 million Americanshave traded cryptocurrencies and 30 million are expected to stream this year’s Berkshire virtual annual meeting on May 1.</p><p><blockquote>游戏驿站等模因股票和狗狗币等加密货币的连续狂热使得现在成为对比投资者应该做的事情和许多人似乎做的事情的好时机。鉴于伯克希尔和加密货币的追随者众多，将它们进行比较是恰当的： 据估计，将有 3000 万美国人交易加密货币，预计将有 3000 万人在 5 月 1 日观看今年的伯克希尔虚拟年会。</blockquote></p><p> Buffett defines Berkshire as a corporation with a partnership attitude. The value of each investor’s stake will rise (or fall) in lock step. This contrasts with how many seem to view companies with meme stocks or most of the crypto space. There, the culture is casino-like, where a small few stand to reap unimaginable riches while the overwhelming majority lose their shirts.&nbsp;</p><p><blockquote>巴菲特将伯克希尔定义为一家具有合伙态度的公司。每个投资者的股权价值将在锁定步骤中上升（或下降）。这与许多人似乎认为拥有模因股票或大部分加密货币领域的公司形成鲜明对比。那里的文化就像赌场一样，少数人站在那里收获难以想象的财富，而绝大多数人失去了他们的衬衫。</blockquote></p><p> Moreover, Berkshire’s culture emphasizes patience and permanence. The company ideally holds investments and businesses forever and encourages its shareholders to hold indefinitely, through thick and thin. In the world of meme stocks and cryptocurrency trading, a strong norm favors immediate payday profits to be taken off the board. &nbsp;</p><p><blockquote>此外，伯克希尔的文化强调耐心和持久。该公司理想地永远持有投资和业务，并鼓励其股东无限期持有，无论风雨无阻。在迷因股票和加密货币交易的世界里，一个强有力的规范有利于从董事会中提取即时发薪日利润。 </blockquote></p><p> Relatedly, the Berkshire ideal accepts that it requires decades to build capital and that accumulating wealth entails skill and time — as well as a bit of luck. In contrast are those who strive to get rich quickly — and effortlessly. Today, some investment market players even seem to believe that everyone should be rich, as a matter of entitlement.</p><p><blockquote>与此相关的是，伯克希尔理想公司承认，积累资本需要数十年时间，积累财富需要技能和时间，以及一点运气。与之形成鲜明对比的是那些努力快速、毫不费力地致富的人。今天，一些投资市场参与者甚至似乎认为每个人都应该富有，这是一个权利问题。</blockquote></p><p> The ideal Berkshire investor focuses on business, operating strategies, products or services and competitive advantages. For many in the meme-crypto world, what counts is hype and adrenaline, not whether there’s a business plan, let alone operations or customers. The Berkshire model is skeptical of fads, fashions and trends, while dogecoin and other cryptos thrive on these.</p><p><blockquote>理想的伯克希尔投资者关注业务、运营战略、产品或服务以及竞争优势。对于许多人来说，重要的是炒作和肾上腺素，而不是是否有商业计划，更不用说运营或客户了。伯克希尔模式对时尚、时尚和趋势持怀疑态度，而狗狗币和其他加密货币却在这些方面蓬勃发展。</blockquote></p><p> This leads to the Berkshire canon’s cardinal principle: the circle of competence. It prescribes to invest only in what you can understand with a moderate amount of effort. This excludes at least some meme stocks and many currently faddish&nbsp;“blank-check” IPO-mergers. For most people, cryptocurrencies are outside of their circle of competence. Indeed, large numbers of investors nowadays appear to be way out of their circle of competence.</p><p><blockquote>这就引出了伯克希尔教规的基本原则：能力圈。它规定只投资于你能通过适度努力理解的东西。这至少不包括一些备忘录股票和许多目前流行的 “空白支票 ”IPO合并。对大多数人来说，加密货币超出了他们的能力范围。事实上，如今大量投资者似乎远远超出了他们的能力范围。</blockquote></p><p> For investments within one’s circle of competence, Berkshire adherents appreciate that prices fluctuate widely and no one can predict such volatility. “Mr. Market” is a moody manic, always willing to trade with you at the going price, sometimes elevated, sometimes depressed.</p><p><blockquote>对于自己能力范围内的投资，伯克希尔的追随者明白价格波动很大，没有人能够预测这种波动。“市场先生”是个喜怒无常的狂躁分子，总是愿意以现价与你交易，时而高涨，时而低迷。</blockquote></p><p> Following from both the limits of personal competence and the whims of markets, the Berkshire playbook demands a wide margin between the price paid and the value received. In Berkshire’s value-investing lexicon, this is the “margin of safety,” and Buffett has long said that these are the&nbsp;three most important words in investing.</p><p><blockquote>根据个人能力的限制和市场的突发奇想，伯克希尔的剧本要求支付的价格和收到的价值之间有很大的差距。在伯克希尔的价值投资词汇中，这就是 “安全边际”，巴菲特早就说过，这是投资中最重要的三个词。</blockquote></p><p> Finally, besides avoiding rumor-mongering and self-delusion, the Berkshire playbook says to beware the delusions of others. Berkshire’s Vice Chairman, Charlie Munger, tells a story about fishing for muskies at Leech Lake in Minnesota. A visiting angler asked the local guide, “Are any muskies caught in this lake?”</p><p><blockquote>最后，除了避免造谣和自欺欺人之外，伯克希尔的剧本还说要小心他人的妄想。伯克希尔公司副董事长查理-芒格（Charlie Munger）讲述了一个在明尼苏达州利奇湖（Leech Lake）捕捞麝香的故事。一位来访的垂钓者问当地导游：“这个湖里有捕到麝香猫吗？”</blockquote></p><p> “More muskies are caught in this lake than in any other lake in Minnesota,” the guide replied.&nbsp; “This lake is famous for muskies.”</p><p><blockquote>“导游回答说：”这个湖里捕获的麝香猫比明尼苏达州其他任何湖里都多。“这个湖以麝香猫闻名”。</blockquote></p><p> “How long have you been fishing here?”</p><p><blockquote>“你在这里钓鱼多久了？”</blockquote></p><p> “Nineteen years,” the guide said.</p><p><blockquote>“导游说：”十九年。</blockquote></p><p> “And how many muskies have you caught?”</p><p><blockquote>“你抓了多少只麝香猫？”</blockquote></p><p> “None.”</p><p><blockquote>“没有。”</blockquote></p><p></p><p> So the next time someone tells you of the untold riches being made in day trading, ask them, “How much cash have you banked?”</p><p><blockquote>因此，下次有人告诉你日内交易带来的难以言喻的财富时，问问他们：“你在银行存了多少现金？”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/warren-buffett-could-teach-traders-in-dogecoin-gamestop-and-other-hot-trends-a-few-things-about-mr-market-11619079021?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","AMC":"AMC院线","GME":"游戏驿站",".IXIC":"NASDAQ Composite","GBTC":"比特币ETF-Grayscale",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/warren-buffett-could-teach-traders-in-dogecoin-gamestop-and-other-hot-trends-a-few-things-about-mr-market-11619079021?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171301745","content_text":"Be skeptical of fads, fashions and trends and operate within your circle of competence\nMarketWatch photo illustration/iStockphoto\nAs the old joke goes, St. Peter had some bad news for an oil prospector who appeared at the pearly gates of heaven: “You’re qualified for admission,” said St. Peter, “but, as you can see, the section for oil prospectors is packed. There’s no way to fit you in.”\nAfter a moment, the prospector asked to say just four words to the present occupants. That seemed harmless to St. Peter, so the prospector yelled, “Oil discovered in hell!”  Immediately, most of the oil prospectors stampeded out for the nether regions. Impressed, St. Peter invited the prospector to move in and get comfortable. The prospector paused, saying “No, I think I’ll go along with the rest of them.  There might be some truth to that rumor after all.”\nLet that be a warning to CEOs and shareholders. Steering clear of rumors and self-delusion has been one of Warren Buffett’s key rules, ingrained into Berkshire Hathaway for years. We all need to hear such lessons repeatedly because reality’s temptations are always at war with our ideals.\nThe serial frenzies in meme stocks like GameStop and cryptocurrencies like dogecoin make this a good time to contrast what investors should do from what many seem to do. Comparing Berkshire’s and crypto’s faithful is apt given their outsized followings: an estimated 30 million Americanshave traded cryptocurrencies and 30 million are expected to stream this year’s Berkshire virtual annual meeting on May 1.\nBuffett defines Berkshire as a corporation with a partnership attitude. The value of each investor’s stake will rise (or fall) in lock step. This contrasts with how many seem to view companies with meme stocks or most of the crypto space. There, the culture is casino-like, where a small few stand to reap unimaginable riches while the overwhelming majority lose their shirts. \nMoreover, Berkshire’s culture emphasizes patience and permanence. The company ideally holds investments and businesses forever and encourages its shareholders to hold indefinitely, through thick and thin. In the world of meme stocks and cryptocurrency trading, a strong norm favors immediate payday profits to be taken off the board.  \nRelatedly, the Berkshire ideal accepts that it requires decades to build capital and that accumulating wealth entails skill and time — as well as a bit of luck. In contrast are those who strive to get rich quickly — and effortlessly. Today, some investment market players even seem to believe that everyone should be rich, as a matter of entitlement.\nThe ideal Berkshire investor focuses on business, operating strategies, products or services and competitive advantages. For many in the meme-crypto world, what counts is hype and adrenaline, not whether there’s a business plan, let alone operations or customers. The Berkshire model is skeptical of fads, fashions and trends, while dogecoin and other cryptos thrive on these.\nThis leads to the Berkshire canon’s cardinal principle: the circle of competence. It prescribes to invest only in what you can understand with a moderate amount of effort. This excludes at least some meme stocks and many currently faddish “blank-check” IPO-mergers. For most people, cryptocurrencies are outside of their circle of competence. Indeed, large numbers of investors nowadays appear to be way out of their circle of competence.\nFor investments within one’s circle of competence, Berkshire adherents appreciate that prices fluctuate widely and no one can predict such volatility. “Mr. Market” is a moody manic, always willing to trade with you at the going price, sometimes elevated, sometimes depressed.\nFollowing from both the limits of personal competence and the whims of markets, the Berkshire playbook demands a wide margin between the price paid and the value received. In Berkshire’s value-investing lexicon, this is the “margin of safety,” and Buffett has long said that these are the three most important words in investing.\nFinally, besides avoiding rumor-mongering and self-delusion, the Berkshire playbook says to beware the delusions of others. Berkshire’s Vice Chairman, Charlie Munger, tells a story about fishing for muskies at Leech Lake in Minnesota. A visiting angler asked the local guide, “Are any muskies caught in this lake?”\n“More muskies are caught in this lake than in any other lake in Minnesota,” the guide replied.  “This lake is famous for muskies.”\n“How long have you been fishing here?”\n“Nineteen years,” the guide said.\n“And how many muskies have you caught?”\n“None.”\nSo the next time someone tells you of the untold riches being made in day trading, ask them, “How much cash have you banked?”","news_type":1,"symbols_score_info":{"GME":0.9,".DJI":0.9,".SPX":0.9,"AMC":0.9,"XBTmain":0.9,".IXIC":0.9,"GBTC":0.9,"BTCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1939,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":135389807,"gmtCreate":1622131036809,"gmtModify":1634183554163,"author":{"id":"3582022453187692","authorId":"3582022453187692","name":"junneo","avatar":"https://static.tigerbbs.com/c88d0b2e2b09971887be4e29f44aff48","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582022453187692","idStr":"3582022453187692"},"themes":[],"title":"","htmlText":"Right","listText":"Right","text":"Right","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135389807","repostId":"1176326513","repostType":4,"isVote":1,"tweetType":1,"viewCount":2423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136440124,"gmtCreate":1622037268768,"gmtModify":1634184456008,"author":{"id":"3582022453187692","authorId":"3582022453187692","name":"junneo","avatar":"https://static.tigerbbs.com/c88d0b2e2b09971887be4e29f44aff48","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582022453187692","idStr":"3582022453187692"},"themes":[],"title":"","htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/136440124","repostId":"1181016358","repostType":4,"repost":{"id":"1181016358","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622036690,"share":"https://www.laohunote.com/m/news/1181016358?lang=zh_CN&edition=full","pubTime":"2021-05-26 21:44","market":"us","language":"en","title":"J&J shares fell nearly 1%,as Belgium halts J&J COVID vaccine for under 41s after one dies<blockquote>强生股价下跌近 1%，比利时在一名 41 岁以下人群死亡后停止接种强生新冠疫苗</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1181016358","media":"Tiger Newspress","summary":"J&J shares fell nearly 1%,as Belgium halts J&J COVID vaccine for under 41s after one dies.\nBelgium s","content":"<p>J&amp;J&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;1%,as&nbsp;Belgium halts J&amp;J COVID vaccine for under 41s after one dies.</p><p><blockquote>强生股价下跌近 1%，比利时在一名 41 岁以下人群死亡后停止为 41 岁以下人群接种强生新冠疫苗。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ac7b8ab53496333e2dee0d0a6f97c686\" tg-width=\"795\" tg-height=\"592\">Belgium said on Wednesday it was suspending vaccinations with Johnson &amp; Johnson's Janssen COVID-19 vaccine for people under the age of 41 following the death of a woman from severe side-effects after she was given the shot.</p><p><blockquote>比利时周三表示，暂停为 41 岁以下人群接种强生公司的杨森 COVID-19 疫苗，此前一名妇女在接种疫苗后因严重副作用死亡。</blockquote></p><p> \"The Inter-ministerial conference has decided to temporarily administer Janssen's vaccine to the general population from the age of 41 years, pending a more detailed benefit-risk analysis by the EMA,\" said a statement issued by Belgium's federal health minister and seven regional counterparts.</p><p><blockquote>比利时联邦卫生部长和七个地区同行发表声明称：“部际会议已决定暂时为 41 岁以上的普通人群接种杨森疫苗，等待欧洲药品管理局进行更详细的效益风险分析。”</blockquote></p><p></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>J&J shares fell nearly 1%,as Belgium halts J&J COVID vaccine for under 41s after one dies<blockquote>强生股价下跌近 1%，比利时在一名 41 岁以下人群死亡后停止接种强生新冠疫苗</blockquote></title>\n<style 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}\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\">\nJ&J shares fell nearly 1%,as Belgium halts J&J COVID vaccine for under 41s after one dies<blockquote>强生股价下跌近 1%，比利时在一名 41 岁以下人群死亡后停止接种强生新冠疫苗</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-05-26 21:44</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>J&amp;J&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;1%,as&nbsp;Belgium halts J&amp;J COVID vaccine for under 41s after one dies.</p><p><blockquote>强生股价下跌近 1%，比利时在一名 41 岁以下人群死亡后停止为 41 岁以下人群接种强生新冠疫苗。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ac7b8ab53496333e2dee0d0a6f97c686\" tg-width=\"795\" tg-height=\"592\">Belgium said on Wednesday it was suspending vaccinations with Johnson &amp; Johnson's Janssen COVID-19 vaccine for people under the age of 41 following the death of a woman from severe side-effects after she was given the shot.</p><p><blockquote>比利时周三表示，暂停为 41 岁以下人群接种强生公司的杨森 COVID-19 疫苗，此前一名妇女在接种疫苗后因严重副作用死亡。</blockquote></p><p> \"The Inter-ministerial conference has decided to temporarily administer Janssen's vaccine to the general population from the age of 41 years, pending a more detailed benefit-risk analysis by the EMA,\" said a statement issued by Belgium's federal health minister and seven regional counterparts.</p><p><blockquote>比利时联邦卫生部长和七个地区同行发表声明称：“部际会议已决定暂时为 41 岁以上的普通人群接种杨森疫苗，等待欧洲药品管理局进行更详细的效益风险分析。”</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181016358","content_text":"J&J shares fell nearly 1%,as Belgium halts J&J COVID vaccine for under 41s after one dies.\nBelgium said on Wednesday it was suspending vaccinations with Johnson & Johnson's Janssen COVID-19 vaccine for people under the age of 41 following the death of a woman from severe side-effects after she was given the shot.\n\"The Inter-ministerial conference has decided to temporarily administer Janssen's vaccine to the general population from the age of 41 years, pending a more detailed benefit-risk analysis by the EMA,\" said a statement issued by Belgium's federal health minister and seven regional counterparts.","news_type":1,"symbols_score_info":{"JNJ":0.9}},"isVote":1,"tweetType":1,"viewCount":2091,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375527543,"gmtCreate":1619365928582,"gmtModify":1634273994190,"author":{"id":"3582022453187692","authorId":"3582022453187692","name":"junneo","avatar":"https://static.tigerbbs.com/c88d0b2e2b09971887be4e29f44aff48","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582022453187692","idStr":"3582022453187692"},"themes":[],"title":"","htmlText":"Interesting.","listText":"Interesting.","text":"Interesting.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375527543","repostId":"1132391349","repostType":4,"isVote":1,"tweetType":1,"viewCount":2045,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193002480,"gmtCreate":1620738378640,"gmtModify":1634196719834,"author":{"id":"3582022453187692","authorId":"3582022453187692","name":"junneo","avatar":"https://static.tigerbbs.com/c88d0b2e2b09971887be4e29f44aff48","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582022453187692","idStr":"3582022453187692"},"themes":[],"title":"","htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/193002480","repostId":"1146143312","repostType":2,"repost":{"id":"1146143312","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga Earnings","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1620009785,"share":"https://www.laohunote.com/m/news/1146143312?lang=zh_CN&edition=full","pubTime":"2021-05-03 10:43","market":"us","language":"en","title":"Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals<blockquote>凯茜·伍德对这三个中国阿里巴巴-SW竞争对手百看不厌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1146143312","media":"Benzinga Earnings","summary":"Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks","content":"<p>Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese&nbsp;stocks that are rival to&nbsp;<b>Alibaba Group Holding</b>&nbsp;(NYSE:BABA) in the e-commerce and online groceries space.</p><p><blockquote>凯西·伍德 (Cathie Wood) 领导的方舟投资管理公司 (Ark Investment Management) 最近大举买入了三只中国股票，这些股票与<b>阿里巴巴-SW集团控股</b>（纽约证券交易所股票代码：BABA）在电子商务和在线杂货领域。</blockquote></p><p> The Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group.&nbsp;Alibaba was fined $2.8 billion by China in April as what&nbsp;many perceived&nbsp;to be the end of regulatory troubles for the e-commerce giant.</p><p><blockquote>自去年10月以来，马云领导的阿里巴巴-SW股价暴跌21.4%，原因是与中国政府的纠纷，包括金融科技子公司蚂蚁集团的首次公开募股计划泡汤。今年4月，阿里巴巴-SW被中国罚款28亿美元，许多人认为这标志着这家电子商务巨头监管麻烦的结束。</blockquote></p><p> Wood's firm continues to hold about&nbsp;636,894 shares in Alibaba, worth around&nbsp;$147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.</p><p><blockquote>伍德的公司继续持有约 636,894 股阿里巴巴-SW股票，截至周五价值约 1.471 亿美元，但近几个月来，该公司大量增持了竞争对手的股票，其中一些股票现在占其持股比例高于阿里巴巴-SW。</blockquote></p><p> <b>Pinduoduo Inc</b>&nbsp;(NASDAQ:PDD): Ark&nbsp;started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.</p><p><blockquote><b>拼多多公司</b>（纳斯达克股票代码：PDD）：截至周五收盘，Ark 于 3 月份开始增持中国电子商务巨头拼多多的股票，迄今为止已累计增持 1,452,181 股，价值约 1.945 亿美元。</blockquote></p><p> The&nbsp;<b>Ark Fintech Innovation ETF</b>&nbsp;(NYSE:ARKF) and the&nbsp;<b>ArkNext Generation Internet ETF</b>&nbsp;(NYSE:ARKW) currently hold the PDD shares.</p><p><blockquote>这个<b>方舟金融科技创新ETF</b>（纽约证券交易所代码：ARKF）和<b>方舟下一代互联网ETF</b>（纽约证券交易所股票代码：ARKW）目前持有 PDD 股票。</blockquote></p><p> The Shanghai-based&nbsp;company is known to be China's largest&nbsp;agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service.&nbsp;Farmers list their fruits and vegetables for direct sale to consumers.</p><p><blockquote>这家总部位于上海的公司是中国最大的农业平台，去年推出了Duo Duo Grocery，这是一项次日杂货提货服务。农民们将他们的水果和蔬菜列出来，直接出售给消费者。</blockquote></p><p> Shares of Pinduoduo closed 2.59% lower at $133.93 on Friday.</p><p><blockquote>拼多多股价周五收盘下跌 2.59%，至 133.93 美元。</blockquote></p><p> <b>JD.com Inc</b>&nbsp;(NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the&nbsp;<b>Autonomous Technology &amp; Robotics ETF</b>&nbsp;(BATS:ARKQ) and the&nbsp;<b>Space Exploration &amp; Innovation ETF</b>&nbsp;(BATS:ARKX).</p><p><blockquote><b>京东公司</b>（纳斯达克股票代码：JD）：该投资公司通过其四只基金持有这家中国电子商务公司约 6,064,238 股股票，价值约 4.691 亿美元。这些是ARKF，ARKW，<b>自主技术与机器人 ETF</b>（蝙蝠：ARKQ）和<b>太空探索与创新 ETF</b>（蝙蝠：ARKX）。</blockquote></p><p> JD.com is an&nbsp;e-commerce company headquartered in Beijing that runs&nbsp;one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.</p><p><blockquote>京东是一家总部位于北京的电子商务公司，经营着中国两大B2C在线零售商之一，是阿里巴巴-SW运营的天猫的主要竞争对手。</blockquote></p><p> JD stock closed 0.6% lower at $77.36 on Friday.</p><p><blockquote>京东股价周五收盘下跌 0.6%，至 77.36 美元。</blockquote></p><p> <b>Meituan</b>&nbsp;(OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.</p><p><blockquote><b>美团-W</b>（场外交易代码：MPNGY）：Ark 通过 ARKF 和 ARKX 持有该公司 3,264,117 股港股，价值约 1.252 亿美元。</blockquote></p><p> The New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.</p><p><blockquote>这家总部位于纽约的投资公司本周早些时候在其研究报告中表示，它认为美团-W正在最后一公里自动配送竞赛中挑战京东物流和阿里巴巴旗下菜鸟等竞争对手。</blockquote></p><p> “While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.</p><p><blockquote>“方舟分析师崔玉龙（Yulong Cui）在给投资者的一份报告中写道：”虽然更广泛的采用将取决于各地区的监管部门批准，但与载客的机器人出租车相比，速度较慢、没有乘客的机器人送货车可能需要通过更低的安全障碍。</blockquote></p><p> Meituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.</p><p><blockquote>美团-W本周早些时候筹集了 100 亿美元，用于资助其最后一英里自动送货小型货车和无人机项目，以对抗杂货领域的阿里巴巴-SW。经过近一年的测试，美团-W正在北京顺义区推出下一代自动送货小型货车。</blockquote></p><p> Meituan OTC shares closed 2.48% lower at $76.64 on Friday.</p><p><blockquote>美团-W场外交易股价周五收盘下跌 2.48%，至 76.64 美元。</blockquote></p><p></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>Cathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals<blockquote>凯茜·伍德对这三个中国阿里巴巴-SW竞争对手百看不厌</blockquote></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; 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}\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\">\nCathie Wood Can't Get Enough Of These 3 Chinese Alibaba Rivals<blockquote>凯茜·伍德对这三个中国阿里巴巴-SW竞争对手百看不厌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga Earnings </p>\n<p class=\"h-time smaller\">2021-05-03 10:43</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese&nbsp;stocks that are rival to&nbsp;<b>Alibaba Group Holding</b>&nbsp;(NYSE:BABA) in the e-commerce and online groceries space.</p><p><blockquote>凯西·伍德 (Cathie Wood) 领导的方舟投资管理公司 (Ark Investment Management) 最近大举买入了三只中国股票，这些股票与<b>阿里巴巴-SW集团控股</b>（纽约证券交易所股票代码：BABA）在电子商务和在线杂货领域。</blockquote></p><p> The Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group.&nbsp;Alibaba was fined $2.8 billion by China in April as what&nbsp;many perceived&nbsp;to be the end of regulatory troubles for the e-commerce giant.</p><p><blockquote>自去年10月以来，马云领导的阿里巴巴-SW股价暴跌21.4%，原因是与中国政府的纠纷，包括金融科技子公司蚂蚁集团的首次公开募股计划泡汤。今年4月，阿里巴巴-SW被中国罚款28亿美元，许多人认为这标志着这家电子商务巨头监管麻烦的结束。</blockquote></p><p> Wood's firm continues to hold about&nbsp;636,894 shares in Alibaba, worth around&nbsp;$147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.</p><p><blockquote>伍德的公司继续持有约 636,894 股阿里巴巴-SW股票，截至周五价值约 1.471 亿美元，但近几个月来，该公司大量增持了竞争对手的股票，其中一些股票现在占其持股比例高于阿里巴巴-SW。</blockquote></p><p> <b>Pinduoduo Inc</b>&nbsp;(NASDAQ:PDD): Ark&nbsp;started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.</p><p><blockquote><b>拼多多公司</b>（纳斯达克股票代码：PDD）：截至周五收盘，Ark 于 3 月份开始增持中国电子商务巨头拼多多的股票，迄今为止已累计增持 1,452,181 股，价值约 1.945 亿美元。</blockquote></p><p> The&nbsp;<b>Ark Fintech Innovation ETF</b>&nbsp;(NYSE:ARKF) and the&nbsp;<b>ArkNext Generation Internet ETF</b>&nbsp;(NYSE:ARKW) currently hold the PDD shares.</p><p><blockquote>这个<b>方舟金融科技创新ETF</b>（纽约证券交易所代码：ARKF）和<b>方舟下一代互联网ETF</b>（纽约证券交易所股票代码：ARKW）目前持有 PDD 股票。</blockquote></p><p> The Shanghai-based&nbsp;company is known to be China's largest&nbsp;agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service.&nbsp;Farmers list their fruits and vegetables for direct sale to consumers.</p><p><blockquote>这家总部位于上海的公司是中国最大的农业平台，去年推出了Duo Duo Grocery，这是一项次日杂货提货服务。农民们将他们的水果和蔬菜列出来，直接出售给消费者。</blockquote></p><p> Shares of Pinduoduo closed 2.59% lower at $133.93 on Friday.</p><p><blockquote>拼多多股价周五收盘下跌 2.59%，至 133.93 美元。</blockquote></p><p> <b>JD.com Inc</b>&nbsp;(NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the&nbsp;<b>Autonomous Technology &amp; Robotics ETF</b>&nbsp;(BATS:ARKQ) and the&nbsp;<b>Space Exploration &amp; Innovation ETF</b>&nbsp;(BATS:ARKX).</p><p><blockquote><b>京东公司</b>（纳斯达克股票代码：JD）：该投资公司通过其四只基金持有这家中国电子商务公司约 6,064,238 股股票，价值约 4.691 亿美元。这些是ARKF，ARKW，<b>自主技术与机器人 ETF</b>（蝙蝠：ARKQ）和<b>太空探索与创新 ETF</b>（蝙蝠：ARKX）。</blockquote></p><p> JD.com is an&nbsp;e-commerce company headquartered in Beijing that runs&nbsp;one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.</p><p><blockquote>京东是一家总部位于北京的电子商务公司，经营着中国两大B2C在线零售商之一，是阿里巴巴-SW运营的天猫的主要竞争对手。</blockquote></p><p> JD stock closed 0.6% lower at $77.36 on Friday.</p><p><blockquote>京东股价周五收盘下跌 0.6%，至 77.36 美元。</blockquote></p><p> <b>Meituan</b>&nbsp;(OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.</p><p><blockquote><b>美团-W</b>（场外交易代码：MPNGY）：Ark 通过 ARKF 和 ARKX 持有该公司 3,264,117 股港股，价值约 1.252 亿美元。</blockquote></p><p> The New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.</p><p><blockquote>这家总部位于纽约的投资公司本周早些时候在其研究报告中表示，它认为美团-W正在最后一公里自动配送竞赛中挑战京东物流和阿里巴巴旗下菜鸟等竞争对手。</blockquote></p><p> “While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.</p><p><blockquote>“方舟分析师崔玉龙（Yulong Cui）在给投资者的一份报告中写道：”虽然更广泛的采用将取决于各地区的监管部门批准，但与载客的机器人出租车相比，速度较慢、没有乘客的机器人送货车可能需要通过更低的安全障碍。</blockquote></p><p> Meituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.</p><p><blockquote>美团-W本周早些时候筹集了 100 亿美元，用于资助其最后一英里自动送货小型货车和无人机项目，以对抗杂货领域的阿里巴巴-SW。经过近一年的测试，美团-W正在北京顺义区推出下一代自动送货小型货车。</blockquote></p><p> Meituan OTC shares closed 2.48% lower at $76.64 on Friday.</p><p><blockquote>美团-W场外交易股价周五收盘下跌 2.48%，至 76.64 美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","03690":"美团-W","ARKQ":"ARK Autonomous Technology & Robotics ETF","MPNGY":"美团ADR","09988":"阿里巴巴-W","ARKX":"ARK Space Exploration & Innovation ETF","09618":"京东集团-SW","JD":"京东","PDD":"拼多多","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internet ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146143312","content_text":"Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks that are rival to Alibaba Group Holding (NYSE:BABA) in the e-commerce and online groceries space.\nThe Jack Ma-led Alibaba has seen its shares slump 21.4% since October last year over troubles with the Chinese government, including the scuttling of the planned initial public offering of fintech subsidiary Ant Group. Alibaba was fined $2.8 billion by China in April as what many perceived to be the end of regulatory troubles for the e-commerce giant.\nWood's firm continues to hold about 636,894 shares in Alibaba, worth around $147.1 million as of Friday, but it has, in recent months, piled up significantly on stocks of rivals, some of which now account for a better part of its holdings than Alibaba.\nPinduoduo Inc (NASDAQ:PDD): Ark started picking up shares of the Chinese e-commerce giant Pinduoduo in March and has so far picked a total of 1,452,181 shares, worth about $194.5 million, as per Friday's closing.\nThe Ark Fintech Innovation ETF (NYSE:ARKF) and the ArkNext Generation Internet ETF (NYSE:ARKW) currently hold the PDD shares.\nThe Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.\nShares of Pinduoduo closed 2.59% lower at $133.93 on Friday.\nJD.com Inc (NASDAQ:JD): The investment firm holds about 6,064,238 shares, worth about $469.1 million, of the Chinese e-commerce company via four of its funds. These are ARKF, ARKW, the Autonomous Technology & Robotics ETF (BATS:ARKQ) and the Space Exploration & Innovation ETF (BATS:ARKX).\nJD.com is an e-commerce company headquartered in Beijing that runs one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.\nJD stock closed 0.6% lower at $77.36 on Friday.\nMeituan (OTC:MPNGY): Ark holds 3,264,117 Hong Kong shares of the company, worth about $125.2 million, via ARKF and ARKX.\nThe New York-based investment firm had earlier this week said in its research note that it believes Meituan is challenging competitors such as JD Logistics and Alibaba's Cainiao in the last-mile autonomous delivery race.\n“While wider adoption will depend on regulatory approval by district, slower moving robo-delivery vans without passengers probably will have to clear lower safety hurdles than robotaxis that are transporting passengers,” Ark analyst Yulong Cui wrote in a note to investors.\nMeituan had earlier this week raised $10 billion to fund its last-mile autonomous delivery minivan and drone program to counter Alibaba in the grocery arena. After nearly a year of testing, Meituan is launching its next-generation autonomous delivery minivans in Beijing's Shunyi district.\nMeituan OTC shares closed 2.48% lower at $76.64 on Friday.","news_type":1,"symbols_score_info":{"ARKW":0.9,"BABA":0.9,"JD":0.9,"MPNGY":0.9,"03690":0.9,"09618":0.9,"PDD":0.9,"ARKQ":0.9,"09988":0.9,"ARKF":0.9,"ARKX":0.9}},"isVote":1,"tweetType":1,"viewCount":2108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375524118,"gmtCreate":1619365710434,"gmtModify":1634273995498,"author":{"id":"3582022453187692","authorId":"3582022453187692","name":"junneo","avatar":"https://static.tigerbbs.com/c88d0b2e2b09971887be4e29f44aff48","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582022453187692","idStr":"3582022453187692"},"themes":[],"title":"","htmlText":"Enlightening","listText":"Enlightening","text":"Enlightening","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375524118","repostId":"1188060568","repostType":4,"isVote":1,"tweetType":1,"viewCount":2679,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376642057,"gmtCreate":1619118872479,"gmtModify":1634288444690,"author":{"id":"3582022453187692","authorId":"3582022453187692","name":"junneo","avatar":"https://static.tigerbbs.com/c88d0b2e2b09971887be4e29f44aff48","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582022453187692","idStr":"3582022453187692"},"themes":[],"title":"","htmlText":"So true","listText":"So true","text":"So true","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/376642057","repostId":"1171301745","repostType":4,"repost":{"id":"1171301745","kind":"news","pubTimestamp":1619107041,"share":"https://www.laohunote.com/m/news/1171301745?lang=zh_CN&edition=full","pubTime":"2021-04-22 23:57","market":"us","language":"en","title":"Warren Buffett could teach traders in dogecoin, GameStop and other hot trends a few things about ‘Mr. Market’<blockquote>沃伦·巴菲特可以教狗狗币、游戏驿站和其他热门趋势的交易者一些关于“先生”的事情。市场</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171301745","media":"MarketWatch","summary":"Be skeptical of fads, fashions and trends and operate within your circle of competence\nMarketWatch p","content":"<p>Be skeptical of fads, fashions and trends and operate within your circle of competence</p><p><blockquote>对时尚、时尚和趋势持怀疑态度，并在自己的能力范围内运作</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/db221b5c38828963f24b035309d8303e\" tg-width=\"1260\" tg-height=\"876\"><span>MarketWatch photo illustration/iStockphoto</span></p><p><blockquote><p class=\"t-img-caption\"><span>MarketWatch 照片插图/iStockphoto</span></p></blockquote></p><p> As the old joke goes, St. Peter had some bad news for an oil&nbsp;prospector&nbsp;who appeared at the pearly gates of heaven: “You’re qualified for admission,” said St. Peter, “but, as you can see, the section for oil prospectors is packed. There’s no way to fit you in.”</p><p><blockquote>俗话说，圣彼得给一位出现在天堂珍珠之门的石油勘探者带来了一些坏消息： “圣彼得说：”你有资格入场，“但是，正如你所看到的，石油勘探者的区域已经挤满了人。没有办法让你进去”。</blockquote></p><p> After a moment, the prospector asked to say just four words to the present occupants.&nbsp;That seemed harmless to St. Peter, so the prospector yelled, “Oil discovered in hell!”&nbsp; Immediately, most of the oil prospectors stampeded out for the nether regions.&nbsp;Impressed, St. Peter invited the prospector to move in and get comfortable. The prospector paused, saying “No, I think I’ll go along with the rest of them.&nbsp; There might be some truth to that rumor after all.”</p><p><blockquote>过了一会儿，勘探者要求对在场的居住者只说四个字。这对圣彼得来说似乎无伤大雅，于是勘探者大喊道：“地狱里发现了石油!” 立刻，大部分石油勘探者都涌向了下层区域。圣彼得印象深刻，邀请勘探者搬进去休息。勘探者顿了顿，说道：“不，我想我会和其他人一起去。那个谣言可能有一定的道理。”</blockquote></p><p> Let that be a warning to CEOs and shareholders. Steering clear of rumors and self-delusion has been one of Warren Buffett’s key rules, ingrained into Berkshire Hathaway for years. We all need to hear such lessons repeatedly because reality’s temptations are always at war with our ideals.</p><p><blockquote>让这成为对首席执行官和股东的警告。避开谣言和自欺欺人一直是沃伦-巴菲特的关键准则之一，多年来，这一准则在伯克希尔-哈撒韦公司根深蒂固。我们都需要反复听到这样的教训，因为现实的诱惑总是与我们的理想交战。</blockquote></p><p> The serial frenzies in meme stocks like&nbsp;GameStop&nbsp;and cryptocurrencies like dogecoin&nbsp;make this a good time to contrast what investors should do from what many seem to do. Comparing Berkshire’s and crypto’s faithful is apt given their outsized followings: an estimated 30 million Americanshave traded cryptocurrencies and 30 million are expected to stream this year’s Berkshire virtual annual meeting on May 1.</p><p><blockquote>游戏驿站等模因股票和狗狗币等加密货币的连续狂热使得现在成为对比投资者应该做的事情和许多人似乎做的事情的好时机。鉴于伯克希尔和加密货币的追随者众多，将它们进行比较是恰当的： 据估计，将有 3000 万美国人交易加密货币，预计将有 3000 万人在 5 月 1 日观看今年的伯克希尔虚拟年会。</blockquote></p><p> Buffett defines Berkshire as a corporation with a partnership attitude. The value of each investor’s stake will rise (or fall) in lock step. This contrasts with how many seem to view companies with meme stocks or most of the crypto space. There, the culture is casino-like, where a small few stand to reap unimaginable riches while the overwhelming majority lose their shirts.&nbsp;</p><p><blockquote>巴菲特将伯克希尔定义为一家具有合伙态度的公司。每个投资者的股权价值将在锁定步骤中上升（或下降）。这与许多人似乎认为拥有模因股票或大部分加密货币领域的公司形成鲜明对比。那里的文化就像赌场一样，少数人站在那里收获难以想象的财富，而绝大多数人失去了他们的衬衫。</blockquote></p><p> Moreover, Berkshire’s culture emphasizes patience and permanence. The company ideally holds investments and businesses forever and encourages its shareholders to hold indefinitely, through thick and thin. In the world of meme stocks and cryptocurrency trading, a strong norm favors immediate payday profits to be taken off the board. &nbsp;</p><p><blockquote>此外，伯克希尔的文化强调耐心和持久。该公司理想地永远持有投资和业务，并鼓励其股东无限期持有，无论风雨无阻。在迷因股票和加密货币交易的世界里，一个强有力的规范有利于从董事会中提取即时发薪日利润。 </blockquote></p><p> Relatedly, the Berkshire ideal accepts that it requires decades to build capital and that accumulating wealth entails skill and time — as well as a bit of luck. In contrast are those who strive to get rich quickly — and effortlessly. Today, some investment market players even seem to believe that everyone should be rich, as a matter of entitlement.</p><p><blockquote>与此相关的是，伯克希尔理想公司承认，积累资本需要数十年时间，积累财富需要技能和时间，以及一点运气。与之形成鲜明对比的是那些努力快速、毫不费力地致富的人。今天，一些投资市场参与者甚至似乎认为每个人都应该富有，这是一个权利问题。</blockquote></p><p> The ideal Berkshire investor focuses on business, operating strategies, products or services and competitive advantages. For many in the meme-crypto world, what counts is hype and adrenaline, not whether there’s a business plan, let alone operations or customers. The Berkshire model is skeptical of fads, fashions and trends, while dogecoin and other cryptos thrive on these.</p><p><blockquote>理想的伯克希尔投资者关注业务、运营战略、产品或服务以及竞争优势。对于许多人来说，重要的是炒作和肾上腺素，而不是是否有商业计划，更不用说运营或客户了。伯克希尔模式对时尚、时尚和趋势持怀疑态度，而狗狗币和其他加密货币却在这些方面蓬勃发展。</blockquote></p><p> This leads to the Berkshire canon’s cardinal principle: the circle of competence. It prescribes to invest only in what you can understand with a moderate amount of effort. This excludes at least some meme stocks and many currently faddish&nbsp;“blank-check” IPO-mergers. For most people, cryptocurrencies are outside of their circle of competence. Indeed, large numbers of investors nowadays appear to be way out of their circle of competence.</p><p><blockquote>这就引出了伯克希尔教规的基本原则：能力圈。它规定只投资于你能通过适度努力理解的东西。这至少不包括一些备忘录股票和许多目前流行的 “空白支票 ”IPO合并。对大多数人来说，加密货币超出了他们的能力范围。事实上，如今大量投资者似乎远远超出了他们的能力范围。</blockquote></p><p> For investments within one’s circle of competence, Berkshire adherents appreciate that prices fluctuate widely and no one can predict such volatility. “Mr. Market” is a moody manic, always willing to trade with you at the going price, sometimes elevated, sometimes depressed.</p><p><blockquote>对于自己能力范围内的投资，伯克希尔的追随者明白价格波动很大，没有人能够预测这种波动。“市场先生”是个喜怒无常的狂躁分子，总是愿意以现价与你交易，时而高涨，时而低迷。</blockquote></p><p> Following from both the limits of personal competence and the whims of markets, the Berkshire playbook demands a wide margin between the price paid and the value received. In Berkshire’s value-investing lexicon, this is the “margin of safety,” and Buffett has long said that these are the&nbsp;three most important words in investing.</p><p><blockquote>根据个人能力的限制和市场的突发奇想，伯克希尔的剧本要求支付的价格和收到的价值之间有很大的差距。在伯克希尔的价值投资词汇中，这就是 “安全边际”，巴菲特早就说过，这是投资中最重要的三个词。</blockquote></p><p> Finally, besides avoiding rumor-mongering and self-delusion, the Berkshire playbook says to beware the delusions of others. Berkshire’s Vice Chairman, Charlie Munger, tells a story about fishing for muskies at Leech Lake in Minnesota. A visiting angler asked the local guide, “Are any muskies caught in this lake?”</p><p><blockquote>最后，除了避免造谣和自欺欺人之外，伯克希尔的剧本还说要小心他人的妄想。伯克希尔公司副董事长查理-芒格（Charlie Munger）讲述了一个在明尼苏达州利奇湖（Leech Lake）捕捞麝香的故事。一位来访的垂钓者问当地导游：“这个湖里有捕到麝香猫吗？”</blockquote></p><p> “More muskies are caught in this lake than in any other lake in Minnesota,” the guide replied.&nbsp; “This lake is famous for muskies.”</p><p><blockquote>“导游回答说：”这个湖里捕获的麝香猫比明尼苏达州其他任何湖里都多。“这个湖以麝香猫闻名”。</blockquote></p><p> “How long have you been fishing here?”</p><p><blockquote>“你在这里钓鱼多久了？”</blockquote></p><p> “Nineteen years,” the guide said.</p><p><blockquote>“导游说：”十九年。</blockquote></p><p> “And how many muskies have you caught?”</p><p><blockquote>“你抓了多少只麝香猫？”</blockquote></p><p> “None.”</p><p><blockquote>“没有。”</blockquote></p><p></p><p> So the next time someone tells you of the untold riches being made in day trading, ask them, “How much cash have you banked?”</p><p><blockquote>因此，下次有人告诉你日内交易带来的难以言喻的财富时，问问他们：“你在银行存了多少现金？”</blockquote></p><p></p>","source":"lsy1603348471595","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>Warren Buffett could teach traders in dogecoin, GameStop and other hot trends a few things about ‘Mr. Market’<blockquote>沃伦·巴菲特可以教狗狗币、游戏驿站和其他热门趋势的交易者一些关于“先生”的事情。市场</blockquote></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\">\nWarren Buffett could teach traders in dogecoin, GameStop and other hot trends a few things about ‘Mr. Market’<blockquote>沃伦·巴菲特可以教狗狗币、游戏驿站和其他热门趋势的交易者一些关于“先生”的事情。市场</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-04-22 23:57</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Be skeptical of fads, fashions and trends and operate within your circle of competence</p><p><blockquote>对时尚、时尚和趋势持怀疑态度，并在自己的能力范围内运作</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/db221b5c38828963f24b035309d8303e\" tg-width=\"1260\" tg-height=\"876\"><span>MarketWatch photo illustration/iStockphoto</span></p><p><blockquote><p class=\"t-img-caption\"><span>MarketWatch 照片插图/iStockphoto</span></p></blockquote></p><p> As the old joke goes, St. Peter had some bad news for an oil&nbsp;prospector&nbsp;who appeared at the pearly gates of heaven: “You’re qualified for admission,” said St. Peter, “but, as you can see, the section for oil prospectors is packed. There’s no way to fit you in.”</p><p><blockquote>俗话说，圣彼得给一位出现在天堂珍珠之门的石油勘探者带来了一些坏消息： “圣彼得说：”你有资格入场，“但是，正如你所看到的，石油勘探者的区域已经挤满了人。没有办法让你进去”。</blockquote></p><p> After a moment, the prospector asked to say just four words to the present occupants.&nbsp;That seemed harmless to St. Peter, so the prospector yelled, “Oil discovered in hell!”&nbsp; Immediately, most of the oil prospectors stampeded out for the nether regions.&nbsp;Impressed, St. Peter invited the prospector to move in and get comfortable. The prospector paused, saying “No, I think I’ll go along with the rest of them.&nbsp; There might be some truth to that rumor after all.”</p><p><blockquote>过了一会儿，勘探者要求对在场的居住者只说四个字。这对圣彼得来说似乎无伤大雅，于是勘探者大喊道：“地狱里发现了石油!” 立刻，大部分石油勘探者都涌向了下层区域。圣彼得印象深刻，邀请勘探者搬进去休息。勘探者顿了顿，说道：“不，我想我会和其他人一起去。那个谣言可能有一定的道理。”</blockquote></p><p> Let that be a warning to CEOs and shareholders. Steering clear of rumors and self-delusion has been one of Warren Buffett’s key rules, ingrained into Berkshire Hathaway for years. We all need to hear such lessons repeatedly because reality’s temptations are always at war with our ideals.</p><p><blockquote>让这成为对首席执行官和股东的警告。避开谣言和自欺欺人一直是沃伦-巴菲特的关键准则之一，多年来，这一准则在伯克希尔-哈撒韦公司根深蒂固。我们都需要反复听到这样的教训，因为现实的诱惑总是与我们的理想交战。</blockquote></p><p> The serial frenzies in meme stocks like&nbsp;GameStop&nbsp;and cryptocurrencies like dogecoin&nbsp;make this a good time to contrast what investors should do from what many seem to do. Comparing Berkshire’s and crypto’s faithful is apt given their outsized followings: an estimated 30 million Americanshave traded cryptocurrencies and 30 million are expected to stream this year’s Berkshire virtual annual meeting on May 1.</p><p><blockquote>游戏驿站等模因股票和狗狗币等加密货币的连续狂热使得现在成为对比投资者应该做的事情和许多人似乎做的事情的好时机。鉴于伯克希尔和加密货币的追随者众多，将它们进行比较是恰当的： 据估计，将有 3000 万美国人交易加密货币，预计将有 3000 万人在 5 月 1 日观看今年的伯克希尔虚拟年会。</blockquote></p><p> Buffett defines Berkshire as a corporation with a partnership attitude. The value of each investor’s stake will rise (or fall) in lock step. This contrasts with how many seem to view companies with meme stocks or most of the crypto space. There, the culture is casino-like, where a small few stand to reap unimaginable riches while the overwhelming majority lose their shirts.&nbsp;</p><p><blockquote>巴菲特将伯克希尔定义为一家具有合伙态度的公司。每个投资者的股权价值将在锁定步骤中上升（或下降）。这与许多人似乎认为拥有模因股票或大部分加密货币领域的公司形成鲜明对比。那里的文化就像赌场一样，少数人站在那里收获难以想象的财富，而绝大多数人失去了他们的衬衫。</blockquote></p><p> Moreover, Berkshire’s culture emphasizes patience and permanence. The company ideally holds investments and businesses forever and encourages its shareholders to hold indefinitely, through thick and thin. In the world of meme stocks and cryptocurrency trading, a strong norm favors immediate payday profits to be taken off the board. &nbsp;</p><p><blockquote>此外，伯克希尔的文化强调耐心和持久。该公司理想地永远持有投资和业务，并鼓励其股东无限期持有，无论风雨无阻。在迷因股票和加密货币交易的世界里，一个强有力的规范有利于从董事会中提取即时发薪日利润。 </blockquote></p><p> Relatedly, the Berkshire ideal accepts that it requires decades to build capital and that accumulating wealth entails skill and time — as well as a bit of luck. In contrast are those who strive to get rich quickly — and effortlessly. Today, some investment market players even seem to believe that everyone should be rich, as a matter of entitlement.</p><p><blockquote>与此相关的是，伯克希尔理想公司承认，积累资本需要数十年时间，积累财富需要技能和时间，以及一点运气。与之形成鲜明对比的是那些努力快速、毫不费力地致富的人。今天，一些投资市场参与者甚至似乎认为每个人都应该富有，这是一个权利问题。</blockquote></p><p> The ideal Berkshire investor focuses on business, operating strategies, products or services and competitive advantages. For many in the meme-crypto world, what counts is hype and adrenaline, not whether there’s a business plan, let alone operations or customers. The Berkshire model is skeptical of fads, fashions and trends, while dogecoin and other cryptos thrive on these.</p><p><blockquote>理想的伯克希尔投资者关注业务、运营战略、产品或服务以及竞争优势。对于许多人来说，重要的是炒作和肾上腺素，而不是是否有商业计划，更不用说运营或客户了。伯克希尔模式对时尚、时尚和趋势持怀疑态度，而狗狗币和其他加密货币却在这些方面蓬勃发展。</blockquote></p><p> This leads to the Berkshire canon’s cardinal principle: the circle of competence. It prescribes to invest only in what you can understand with a moderate amount of effort. This excludes at least some meme stocks and many currently faddish&nbsp;“blank-check” IPO-mergers. For most people, cryptocurrencies are outside of their circle of competence. Indeed, large numbers of investors nowadays appear to be way out of their circle of competence.</p><p><blockquote>这就引出了伯克希尔教规的基本原则：能力圈。它规定只投资于你能通过适度努力理解的东西。这至少不包括一些备忘录股票和许多目前流行的 “空白支票 ”IPO合并。对大多数人来说，加密货币超出了他们的能力范围。事实上，如今大量投资者似乎远远超出了他们的能力范围。</blockquote></p><p> For investments within one’s circle of competence, Berkshire adherents appreciate that prices fluctuate widely and no one can predict such volatility. “Mr. Market” is a moody manic, always willing to trade with you at the going price, sometimes elevated, sometimes depressed.</p><p><blockquote>对于自己能力范围内的投资，伯克希尔的追随者明白价格波动很大，没有人能够预测这种波动。“市场先生”是个喜怒无常的狂躁分子，总是愿意以现价与你交易，时而高涨，时而低迷。</blockquote></p><p> Following from both the limits of personal competence and the whims of markets, the Berkshire playbook demands a wide margin between the price paid and the value received. In Berkshire’s value-investing lexicon, this is the “margin of safety,” and Buffett has long said that these are the&nbsp;three most important words in investing.</p><p><blockquote>根据个人能力的限制和市场的突发奇想，伯克希尔的剧本要求支付的价格和收到的价值之间有很大的差距。在伯克希尔的价值投资词汇中，这就是 “安全边际”，巴菲特早就说过，这是投资中最重要的三个词。</blockquote></p><p> Finally, besides avoiding rumor-mongering and self-delusion, the Berkshire playbook says to beware the delusions of others. Berkshire’s Vice Chairman, Charlie Munger, tells a story about fishing for muskies at Leech Lake in Minnesota. A visiting angler asked the local guide, “Are any muskies caught in this lake?”</p><p><blockquote>最后，除了避免造谣和自欺欺人之外，伯克希尔的剧本还说要小心他人的妄想。伯克希尔公司副董事长查理-芒格（Charlie Munger）讲述了一个在明尼苏达州利奇湖（Leech Lake）捕捞麝香的故事。一位来访的垂钓者问当地导游：“这个湖里有捕到麝香猫吗？”</blockquote></p><p> “More muskies are caught in this lake than in any other lake in Minnesota,” the guide replied.&nbsp; “This lake is famous for muskies.”</p><p><blockquote>“导游回答说：”这个湖里捕获的麝香猫比明尼苏达州其他任何湖里都多。“这个湖以麝香猫闻名”。</blockquote></p><p> “How long have you been fishing here?”</p><p><blockquote>“你在这里钓鱼多久了？”</blockquote></p><p> “Nineteen years,” the guide said.</p><p><blockquote>“导游说：”十九年。</blockquote></p><p> “And how many muskies have you caught?”</p><p><blockquote>“你抓了多少只麝香猫？”</blockquote></p><p> “None.”</p><p><blockquote>“没有。”</blockquote></p><p></p><p> So the next time someone tells you of the untold riches being made in day trading, ask them, “How much cash have you banked?”</p><p><blockquote>因此，下次有人告诉你日内交易带来的难以言喻的财富时，问问他们：“你在银行存了多少现金？”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/warren-buffett-could-teach-traders-in-dogecoin-gamestop-and-other-hot-trends-a-few-things-about-mr-market-11619079021?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","AMC":"AMC院线","GME":"游戏驿站",".IXIC":"NASDAQ Composite","GBTC":"比特币ETF-Grayscale",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/warren-buffett-could-teach-traders-in-dogecoin-gamestop-and-other-hot-trends-a-few-things-about-mr-market-11619079021?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171301745","content_text":"Be skeptical of fads, fashions and trends and operate within your circle of competence\nMarketWatch photo illustration/iStockphoto\nAs the old joke goes, St. Peter had some bad news for an oil prospector who appeared at the pearly gates of heaven: “You’re qualified for admission,” said St. Peter, “but, as you can see, the section for oil prospectors is packed. There’s no way to fit you in.”\nAfter a moment, the prospector asked to say just four words to the present occupants. That seemed harmless to St. Peter, so the prospector yelled, “Oil discovered in hell!”  Immediately, most of the oil prospectors stampeded out for the nether regions. Impressed, St. Peter invited the prospector to move in and get comfortable. The prospector paused, saying “No, I think I’ll go along with the rest of them.  There might be some truth to that rumor after all.”\nLet that be a warning to CEOs and shareholders. Steering clear of rumors and self-delusion has been one of Warren Buffett’s key rules, ingrained into Berkshire Hathaway for years. We all need to hear such lessons repeatedly because reality’s temptations are always at war with our ideals.\nThe serial frenzies in meme stocks like GameStop and cryptocurrencies like dogecoin make this a good time to contrast what investors should do from what many seem to do. Comparing Berkshire’s and crypto’s faithful is apt given their outsized followings: an estimated 30 million Americanshave traded cryptocurrencies and 30 million are expected to stream this year’s Berkshire virtual annual meeting on May 1.\nBuffett defines Berkshire as a corporation with a partnership attitude. The value of each investor’s stake will rise (or fall) in lock step. This contrasts with how many seem to view companies with meme stocks or most of the crypto space. There, the culture is casino-like, where a small few stand to reap unimaginable riches while the overwhelming majority lose their shirts. \nMoreover, Berkshire’s culture emphasizes patience and permanence. The company ideally holds investments and businesses forever and encourages its shareholders to hold indefinitely, through thick and thin. In the world of meme stocks and cryptocurrency trading, a strong norm favors immediate payday profits to be taken off the board.  \nRelatedly, the Berkshire ideal accepts that it requires decades to build capital and that accumulating wealth entails skill and time — as well as a bit of luck. In contrast are those who strive to get rich quickly — and effortlessly. Today, some investment market players even seem to believe that everyone should be rich, as a matter of entitlement.\nThe ideal Berkshire investor focuses on business, operating strategies, products or services and competitive advantages. For many in the meme-crypto world, what counts is hype and adrenaline, not whether there’s a business plan, let alone operations or customers. The Berkshire model is skeptical of fads, fashions and trends, while dogecoin and other cryptos thrive on these.\nThis leads to the Berkshire canon’s cardinal principle: the circle of competence. It prescribes to invest only in what you can understand with a moderate amount of effort. This excludes at least some meme stocks and many currently faddish “blank-check” IPO-mergers. For most people, cryptocurrencies are outside of their circle of competence. Indeed, large numbers of investors nowadays appear to be way out of their circle of competence.\nFor investments within one’s circle of competence, Berkshire adherents appreciate that prices fluctuate widely and no one can predict such volatility. “Mr. Market” is a moody manic, always willing to trade with you at the going price, sometimes elevated, sometimes depressed.\nFollowing from both the limits of personal competence and the whims of markets, the Berkshire playbook demands a wide margin between the price paid and the value received. In Berkshire’s value-investing lexicon, this is the “margin of safety,” and Buffett has long said that these are the three most important words in investing.\nFinally, besides avoiding rumor-mongering and self-delusion, the Berkshire playbook says to beware the delusions of others. Berkshire’s Vice Chairman, Charlie Munger, tells a story about fishing for muskies at Leech Lake in Minnesota. A visiting angler asked the local guide, “Are any muskies caught in this lake?”\n“More muskies are caught in this lake than in any other lake in Minnesota,” the guide replied.  “This lake is famous for muskies.”\n“How long have you been fishing here?”\n“Nineteen years,” the guide said.\n“And how many muskies have you caught?”\n“None.”\nSo the next time someone tells you of the untold riches being made in day trading, ask them, “How much cash have you banked?”","news_type":1,"symbols_score_info":{"GME":0.9,".DJI":0.9,".SPX":0.9,"AMC":0.9,"XBTmain":0.9,".IXIC":0.9,"GBTC":0.9,"BTCmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1939,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}