🌻風險管理
跌了幾十趴的個股還要繼續抱下去嗎? 去年飆漲的SPAC, 今年還漲的回來嗎?(可以跟下篇一起看).
開始玩成長股後, 我學到最難的一堂課是風險控制. 每個人對風險控制的觀念不一樣, 這跟每個人的心理素質也有關係.
風險管理, 也就是"留得青山在, 不怕沒柴燒".
風險管理:
https://zh.wikipedia.org/wiki/%E9%A3%8E%E9%99%A9%E7%AE%A1%E7%90%86
🌻There Are Too Many Defenseless(無防禦性的) Stocks
(可以的話, 我希望您可以好好讀一下這篇文章. 我希望能夠幫您守住些財富, 減少些損失, 甚至創造些獲利. "Too many", 也就代表了股票沒有稀有性)
The underwriters just created too many stocks. There's too many new companies, too many companies that help you with analytics(分析), too many that offer video, too many data collectors and too many real-time analysis, and too many cybersecurity companies. There's been too many new electric vehicle derivatives, too many cannabis (大麻) plays and way too many new fintechs(金融科技).
The effect? We are now facing a bewildering number of companies that simply do the same things and can't be differentiated (無差異性的) and, frankly, are too hard to understand unless you are deeply involved in the transfer of data from on your premises to the cloud(雲端).
Why does this matter?
Because these stocks are defenseless. They are defenseless against inflation (通膨) because so many of them sell at a multiple to sales and any company that trades as a multiple to sales (指的是以P/S為估值方式, 非傳統的P/E. 軟體公司主要是用P/S) will see its value erode more quickly than any other in this stock market because the company has to graduate from a multiple to sales to a multiple of earnings, or just keep losing money. So many new investors have not experienced real inflation where these kinds of stocks can't be given away.
They are defenseless against an economic boom. I have been reading through countless software as a whatever with a go to market strategy and a huge TAM (total addressable market, 指的是市場大小) to land and expand(指的是雲端公司的商業模式), and my eyes glaze over. Who needs a company with all of those buzzwords that's growing at 27% and losing money when I have plenty of high quality industrials that are growing at 27% and spewing cash to the point the biggest issue is how much should be put to growth versus rewarding shareholders.
They are defenseless against older companies with a balanced policy toward dividends and buybacks, so that supply is mopped up while demand is bolstered by a yield. The land and expanders don't have anything backing them up which makes them vulnerable to sudden shocks down as we have seen.
They are defenseless against insider selling. If capital gains rates are going up, these are the companies with the most vulnerable stocks because so many of the people in these new companies have stocks that are still up substantially from when they got stock so a company with a stock down 30%-40% is vulnerable from scads of insider selling, including secondaries I am now expecting with increasing frequency.
They are defenseless against SPACs. While there are many good SPACs there are too many SPACs with too much stock sloshing around. I keep thinking about that MP Materials (MP) secondary offering in late March, where entities controlled by CEO James Litinsky sold 4.6 million shares of his company in a deal priced at $35. Now it is a small percentage of his holdings and many others involved with the company sold small amounts, too. That's not the point. It's more of a statement: this stock traded at $50. You might have been inclined to buy on the pullback but you would have been massacred as the stock is now at $27. If you have a so-called successful SPAC its success might be measured by how much money you took out of it before its stock fell by 50%. There are hundreds of things and when you consider all of the warrants out there, you know this market is going to be overwhelmed with this stuff.
You aren't going to see these kinds of secondaries at Deere (DE) or Caterpillar (CAT) , that's for certain.
Now there are people out there willing to buy the incredibly almost stupidly risky stocks, people like Cathie Wood, who demonstrated her unflappable conviction to her method of buying stocks that worked when there's scarcity value but there's anything but that now.
Maybe she can take down tens of billions of dollars worth and save the day. I wouldn't count on it. I am sorry to question her stock picking, lord knows she's been amazing. But unless others copy her, we know the stocks she is buying resemble what's not working at all. Maybe someday, but not now.
I try to figure out what the end game for these stocks might be if the economy keeps heating up and inflation accelerates. There's simply not enough money from young people or ETFs based on high growth or Cathie Wood to keep these stocks higher, and there's too much opportunity for the insiders to do what MP did, something that crunched the stock even as it reported a quarter ahead of expectations, which meant something at one point but means absolutely nothing now. Nothing at all.
文章來源: https://realmoney.thestreet.com/jim-cramer/jim-cramer-there-are-too-many-defenseless-stocks-15649142
Picture來源:
https://society6.com/product/boxing-cat_print
同時也有3部Youtube影片,追蹤數超過5,970的網紅Daiki Yamamoto / 元Vリーガーの旅日記,也在其Youtube影片中提到,Date: Thursday, December 5, 2019 Travel from Pudong Airport to Hongqiao Airport in Shanghai. Last time, we moved by bus ( https://youtu.be/2-LJUAZZ-D...
「real-time transfer」的推薦目錄:
- 關於real-time transfer 在 貓的成長美股異想世界 Facebook 的最讚貼文
- 關於real-time transfer 在 Sandra Li 李婉菁 Facebook 的精選貼文
- 關於real-time transfer 在 Wannasingh Prasertkul (วรรณสิงห์ ประเสริฐกุล) Facebook 的最讚貼文
- 關於real-time transfer 在 Daiki Yamamoto / 元Vリーガーの旅日記 Youtube 的最佳貼文
- 關於real-time transfer 在 Daiki Yamamoto / 元Vリーガーの旅日記 Youtube 的最讚貼文
- 關於real-time transfer 在 Daiki Yamamoto / 元Vリーガーの旅日記 Youtube 的最佳貼文
real-time transfer 在 Sandra Li 李婉菁 Facebook 的精選貼文
與Dr. Geoffrey Wright的一次主修課,曾經被巴爾的摩太陽日報報導,沒想到篇幅還蠻大,也挺詳盡的。有很多台灣學生曾經拿過他的大班課。老師昨天退休了,祝福老師身體健康萬事如意福如東海壽比南山,投資賺大錢。從此仙居涼爽,不被世事所煩擾。
It is just after 2 p.m. when Wright realizes he is late to a piano lesson. Wright's student, Wan-ching Li, is preparing for an important recital, and today's session will be used to polish her technique.
Wright swoops into the classroom, says a quick "hello," then stops short -- and plops onto the floor. From there, he cranes his neck, and peers up at the belly of a baby grand.
The piano is brand-new and has been equipped with a small box with ports for cables: a MIDI (Musical Instrument Digital Interface), standard equipment in the music profession, used to transfer sound data from musical instruments to computers. Wright grins like a boy with a new train: "This is cool."
Li is warming up, her fingers lightly touching the keys as she plays scales, then chords. As have most Peabody students, she has been involved with music nearly all her life: She began piano lessons at age 3, studied organ and composition in college, then worked as a production assistant at a recording company. Now 29, Li has come to Baltimore from Taipei, Taiwan, because she wants to create art that combines music and technology.
She begins playing "Caution to the Wind," a piece written in 1987 by James Mobberley for piano and tape-recorded accompaniment. The composition is delightful and raucous; at one point, Li karate chops the piano and, at another, she slams the keyboard cover.
The piece also demands machine-like precision.
Each stroke of Li's fingers must coincide perfectly with the music made by her inanimate partner, which plays on no matter what. "It is really hard to synchronize with the tape," she says later. "I have to put a stopwatch on top of the piano and watch it as I count seconds to make sure I am completely accurate. It doesn't allow me much freedom."
But at the recital, Li will play a second piece that illustrates what she and others mean when they talk about increasingly responsive interactions between man and computer.
The composition is called "Duet for 1 Pianist," and was written by Jean-Claude Risset for piano -- and computer. Playing duets with a computer is different from being accompanied by a tape
recorder. Information about each piano key Li touches, and the force with which it is struck, is transmitted by the MIDI to a computer. Based upon how and what Li plays, the computer decides which notes to play and how and when to play them. "With a computer, I can play in real time. I don't need to follow a recording."
She plays: Her small hands flying up and down the keyboard, her notes by turns full and rich, light and clear. The computer plays: Its synthesizer producing crescendos and trills that complement her music.
https://www.baltimoresun.com/news/bs-xpm-1998-05-31-1998151109-story.html?fbclid=IwAR1OquRLjPpnitb69hluxk44CTojA6aHrvL9bEoK0uSJSbXPA5bG9hpu2bM
real-time transfer 在 Wannasingh Prasertkul (วรรณสิงห์ ประเสริฐกุล) Facebook 的最讚貼文
PRTR: Pollutants Release and Transfer Register = กฏหมายที่จะบังคับให้โรงงานและแหล่งมลพิษต่างๆ เปิดเผยข้อมูลแบบ Real Time ให้กับรัฐ และสาธารณะ= ทำให้รัฐมีฐานข้อมูลเรื่องปัญหามลพิษและลงดาบได้เลย โดยไม่ต้องให้ประชาชนร้อเรียน หรือพิสูจน์!
วันนี้วันสุดท้ายที่จะสามารถส่งความคิดเห็นไปยังสภาเพื่อสนับสนุนร่างพรบ.นี้ได้ถึงเที่ยงคืน (รายละเอียดดูล่างๆภาพเลย) หลังจากนี้ก็พร้อมนำเข้าไปพิจารณาต่อในสภา
อ่านสรุปร่างพ.ร.บ. ได้ที่นี่ https://drive.google.com/folderview?id=15Jv7HkReNGWwyxTjrrvNmmK9U4tWqTvG
ร่างนี้ร่างโดย มูลนิธินิติธรรมสิ่งแวดล้อม - EnLAW + มูลนิธิบูรณะนิเวศ (EARTH) ส่งเข้าสภาโดย พรรคก้าวไกล
ฝากติดตามกันเยอะๆนะครับ กฏหมายแบบนี้เป็นมาตรฐานในกว่า 50 ประเทศแล้ว ถ้าทนไม่ไหวกับเรื่องอากาศเป็นพิษ อันนี้เป็นก้าวสำคัญครับ
#กฏหมายPRTR
#ฝุ่นpm25
real-time transfer 在 Daiki Yamamoto / 元Vリーガーの旅日記 Youtube 的最佳貼文
Date: Thursday, December 5, 2019
Travel from Pudong Airport to Hongqiao Airport in Shanghai.
Last time, we moved by bus ( https://youtu.be/2-LJUAZZ-Dk ), but this time we moved by Maglev and subway.
The time of commuting and the rush hour when returning home is more reliable to read the time this time.
The maximum speed is 431 km / hour, depending on the time zone.
Real-time information
Twitter
https://twitter.com/voreas_yamamoto
Instagram
http://www.instagram.com/voreas_yamamoto
#Maglev
#Pudong Airport
#Hongqiao airport
real-time transfer 在 Daiki Yamamoto / 元Vリーガーの旅日記 Youtube 的最讚貼文
Boarding date: Thursday, December 5, 2019
Airline: Juneyao Airlines
Flight number: HO1287
Departure point: Shanghai (Hongqiao) -SHA
To: Guangzhou-CAN
Departure time: 17:40
Arrival time: 20:05
Duration: 2 hours 35 minutes
Equipment: B787-9
Aircraft number: B-209R
Registration date: March 2019
Seating: Economy Class (15A)
Ticketing: United award tickets
It is a continuation of Singapore Airlines up to the last time. After arriving in Shanghai, I will return to my home in Sapporo, but return home on a detour route without selecting a direct flight.
First, transfer from Pudong Airport to Hongqiao Airport and head to Guangzhou.
I use Juneyao Airlines and I am a Star Alliance connecting partner ...
Singapore Airlines Business Class Singapore → Milan 25,000 miles for all sectors Business Class # 1 A350-900
https://youtu.be/0NrtK5U3jYo
Singapore Airlines Business Class Milan → Barcelona 25,000 miles for all sectors Business Class # 2 A350-900
https://youtu.be/0vaUCt7vs7c
Singapore Airlines Business Class Barcelona → Milan 25,000 miles for all sectors Business Class # 3 A350-900
https://youtu.be/TuRcNzv7S7A
Singapore Airlines Business Class Milan → Singapore 25,000 miles in all business classes # 4 A350-900
https://youtu.be/VOF_8UXpo8o
Real-time information
Twitter
https://twitter.com/voreas_yamamoto
Instagram
http://www.instagram.com/voreas_yamamoto
#Juneyao Airlines
#Star Alliance Connecting Partner
#Award tickets
real-time transfer 在 Daiki Yamamoto / 元Vリーガーの旅日記 Youtube 的最佳貼文
Date taken: Friday, September 27, 2019
I spent a long time waiting for the transfer at Taoyuan Airport in Taipei. Eating three dishes was NT $ 100.
Real-time information
Twitter
https://twitter.com/voreas_yamamoto
Instagram
http://www.instagram.com/voreas_yamamoto
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real-time transfer 在 Real-Time Payments: Everything You Need to Know 的相關結果
Real -time payments (RTP) are payments that are initiated and settled nearly instantaneously. A real-time payments rail is the digital ... ... <看更多>