The elephant in the room
The biggest elephant in the room now is Nvidia's stock price, which is only 10% away from being the largest company in the universe (without the adjective "tech").
As a professional speculator, the most fearful thing is that when the market goes up, the Magnificent Seven will not follow it. What if it falls?
And this is not quite the same as Tesla being a hero in the last round. No matter how big the bubble is, it is only more than 1 trillion, and it can only sit in a row and barely make it into the top five among technology stocks.
But the difference is that Nvidia corresponds to the capital grouping of the entire AI Sector (my judgment in May last year). Under the premise that this logic has not changed, in the bull market process, it is too easy to become a miserable person if you are afraid of highs and guess the top.
Of course, there are 10,000 reasons to be bearish, such as compared with Cisco, for example, quarterly revenue is already the entire free cash flow of the top technology companies.
But a healthy bull market will not give you too many opportunities to get on the train - the more you can't catch up, the more you dare not catch up, the stronger the certainty of the bull market.
The best strategy in a bull market is to hold on and don't toss.
It is best not to do anything, just play games, fly, or travel, enjoy delicious food and bubble baths.
However, most people do the opposite. They do nothing in a bear market, but buy, buy, buy in a bull market. Little do they know that a bull market hurts people the most, especially those who experience it for the first time.
