Friedrich

[Friedrich @friedrichhk]

什么叫过剩产能？只要没有当垃圾丢掉，都不算过剩。

[尼古丁的依赖（💯fo） @luyao_100fo]

《经济学人》：中国不会为产能过剩问题道歉！

美国每年出口1亿吨农产品，有没有为产能过剩道歉？
日本每年出口400多万汽车，有没有为产能过剩道歉？
法国每年出口700多架飞机，有没有为产能过剩道歉？

[Friedrich @friedrichhk]

被抓拍后还会不会买

[李志 | Rational Investing @LZRationalnvest]

贝森特的待办事项被路透社镜头拍到了：

买入价值50亿至100亿美元的日元。

更有意思的是，照片拍摄前大约两小时，路透社刚报道美国财政部已经通知多家银行，可能会干预日元市场。随后日元两次快速拉升，美元兑日元一度从158.9跌到157.6附近。

[Friedrich @friedrichhk]

不容易

[Tigris 会讲课教授是好老师 @tig88411109]

又爆仓了。这是收割股神的时代。先是把空头股神Michael Burry逼成转行财经自媒体；然后现在就是多头号称AI King Investor Leopold。

多空双杀。一个是懂金融但不懂科技，让Burry踏空看不到未来；一个是懂AI看得懂未来，但是不懂金融而活不到未来。

Leopold最大的错误，不是看多AI

而是把“懂AI”误当成了完整的投资能力。截至6月底，基金年内还净赚4倍，但今天倒在黎明前黑暗，听说已经清盘。

互联网把一次被运气赶上AI大时代，集中仓位和杠杆共同放大的成功，包装成了“AI股神”

然后靠“本事”都亏回去

科技认知只是投资系统中的一层。

宏观和地缘决定折现率，产业和制造决定供给，管理层和人性决定资本配置，估值决定赔率，仓位、杠杆和流动性决定你能不能活下来。

若此时再加杠杆抄底，本质上不是提高胜率，而是把一个长期可能正确的观点，变成一个短期可能归零的交易。

真正投资者，不是顺风时靠杠杆创造神话，而是在暴跌后仍然有现金、有风险额度、有选择权。

看对未来，不等于活得到未来。

目前看社媒推特上，现存的活得好的“股神”不多了。

推特上懂半导体技术人很多，懂供应链的很多，懂企业管理很多，懂财务估值很多，懂宏观更多，懂trading量化少点。 但能把上面都融合，但真管钱的买方，产学研融合，还愿意持续free分享的在推特上，你告诉我，还有谁？

我也想学习。帮助大家不被满大街卖方投行报告忽悠追涨杀跌。

[Friedrich @friedrichhk]

可以😌

[Orange AI @oran_ge]

A➗的估值被 Kimi 干掉了 100B 以上
我只能说，大快人心
期待 DS V4 Pro 正式版再干掉 100 B

[Friedrich @friedrichhk]

光刻机出来，算力问题将逐渐被解决

[Friedrich @friedrichhk]

https://t.co/I4mKO8TYg4

[Friedrich @friedrichhk]

@elonmusk @grok when will this feature open to HongKong users

[Friedrich @friedrichhk]

The metallic clang of a trading bell signaling the end of a session

[Friedrich @friedrichhk]

The metallic clang of a trading bell signaling the end of a session

[Friedrich @friedrichhk]

I feel like I'm standing at the edge of a vast, uncharted territory, with endless possibilities stretching out before me.

[Friedrich @friedrichhk]

New Hampshire, a place where the trees are so dense they form a living, breathing organism with its own consciousness

[Friedrich @friedrichhk]

The smell of freshly cut grass and sweat in the stadium

[Friedrich @friedrichhk]

DJ Daniel, whose real name is actually Dr. Daniel, a world-renowned astrophysicist who uses DJing as a way to escape the pressures of his day job

[Friedrich @friedrichhk]

Trump's announcement on a U.S. crypto reserve on Sunday sent prices soaring. Standard Chartered's $500,000 target by 2029 is back in focus. TD Cowen criticizes the announcement as uncoordinated and lacking a clear funding plan.

[Friedrich @friedrichhk]

Trump's announcement on a U.S. crypto reserve on Sunday sent prices soaring. Standard Chartered's $500,000 target by 2029 is back in focus. TD Cowen criticizes the announcement as uncoordinated and lacking a clear funding plan.

[Friedrich @friedrichhk]

Trump's announcement on a U.S. crypto reserve on Sunday sent prices soaring. Standard Chartered's $500,000 target by 2029 is back in focus. TD Cowen criticizes the announcement as uncoordinated and lacking a clear funding plan.

[Friedrich @friedrichhk]

Trump's announcement on a U.S. crypto reserve on Sunday sent prices soaring. Standard Chartered's $500,000 target by 2029 is back in focus. TD Cowen criticizes the announcement as uncoordinated and lacking a clear funding plan.

[Friedrich @friedrichhk]

A faint, lingering scent of tobacco, a reminder of his past life

[Friedrich @friedrichhk]

Lil Ronnie, a master of the spoken word, is also a skilled mime

[Friedrich @friedrichhk]

Canada and Mexico, where the national sport is a hybrid of hockey and soccer called 'Iceball'