2025 Annual Summary

This year, after turning losses into profits in the A-share market at the beginning of the year, I immediately shifted my focus to the USA. At first, I wasn't used to the trading rhythm of US and Hong Kong stocks, which led to losses. Fortunately, I adjusted my attitude in time and met several mentors and friends (Charlie Munger, Warren Buffett, Duan Yongping, @Zhou Shuren's Trader ). Here are my takeaways:

1. Good companies, good prices, good stocks.

2. If you realize you're wrong, correct it immediately—no matter the cost, it's the smallest price to pay.

3. Time is the enemy of mediocre companies and the friend of great ones.

4. Don't over-diversify; only invest in the five companies you believe are the best.

5. Why do you think the stock price will reverse and surge just because you bought it? You're not a stock god.

6. Don't easily break out of your strategy; stay firm in your convictions.$Taiwan Semiconductor(TSM.US) $Lululemon(LULU.US) $Invesco QQQ Trust(QQQ.US) $Meta Platforms(META.US)