投资策略与市场观点 - 采用全市值投资策略，根据市场机会在不同市值公司间灵活配置 [7] - 罗素2000指数中约70%的公司不盈利且可能永远不会盈利，因此该指数本身是糟糕的投资标的，但却是选股的绝佳场所 [9] - 在小型股投资中，机构持股比例低于或约50%时，股票易受零售投资者和交易室影响而剧烈波动 [19] - 在高效市场（如标普500）和低效市场（如小盘股、中盘股、新兴市场）并存的环境中，低效市场更需要选择性投资，即挑选行业或个股 [21] - 建议投资者避免在年底因失去耐心而进行税收亏损收割，因为机构通常在此阶段买入，零售投资者卖出接近底部的股票是经典陷阱 [25][27] 期权应用与案例 - 运用期权轮转策略，结合技术分析，在市场下跌时卖出现金担保看跌期权，在反弹时卖出备兑认购期权 [11][12] - 该策略在2023年实现了36%-37%的投资回报，主要得益于成功的选股和期权收入 [13] - 以AST SpaceMobile为例，在股价为5美元时买入，股价上涨至50多美元时卖出60、70、80美元的备兑认购期权，获得每股2-5美元的期权金，几乎覆盖了成本基础 [40] - 当股价回落至45、40甚至35美元时，卖出相应行权价的现金担保看跌期权，获得每股4-6美元的丰厚期权金 [41][42] - 卖出看跌期权类似于设置限价买单但能获得报酬，其年化内部回报率可达30%、40%、50%、60%甚至80% [38][39] 人工智能与行业影响 - 人工智能是自互联网以来最重要的技术，其改善生活质量和商业应用的潜力被低估 [56] - 投资者应寻找那些能够维持定价权，同时借助AI降低运营成本、提高效率，从而扩大利润率的公司 [63] - 在AI领域，大型制药公司（如辉瑞）可能比小型生物科技公司更具优势，因为前者拥有巨大数据集和支付算力的资金，可能内部完成创新而无需溢价收购小公司 [65][67] - 中型市值公司是投资的甜蜜点，因为它们被华尔街覆盖不足，指数基金投资较少，并且那些最终被纳入标普500指数的中型公司将获得持续的买入需求，形成新的价格底线 [70][71] 宏观经济与资产配置 - 定量宽松政策实质上等同于印钞，其长期结果可能是通过通货膨胀抵消50%-80%的债务，这对资产所有者有利 [74] - 防御量化宽松的策略是谨慎选择并持有资产，应选择被低估且具有良好增长率的资产，而非仅仅因为高股息而购买平庸资产 [74] - 黄金价格与货币供应量高度相关，目前两者之间不存在巨大缺口（即"鳄鱼嘴"未张开），意味着黄金可能不会成为超额回报的资产，但会随货币供应量上涨 [92][93] - 比特币在2016年至2024年间经历了多次大幅波动，其理论作为数字黄金存在，但面临的风险是如果政府利益受损可能会对其发起攻击 [94][97][98] - 加密货币可分为三类：功能性代币（如以太坊、Solana）、数字黄金（比特币）和垃圾币，建议远离垃圾币 [101]

Bitcoin (BTC-USD) climbed more than 4.5% on Wednesday to top $118,000 in afternoon trade as a US government shutdown injected uncertainty into financial markets. Investors also saw seasonal tailwinds for crypto markets lifting bitcoin out of a recent slump. October has historically been bitcoin's strongest month, rising in 10 of the past 12 years, according to Compass Point Research, leading many in crypto markets to refer to the month as "Uptober." Seasonality also favors the fourth quarter, with the tok ...

Shares in publicly traded brain-machine and artificial intelligence company VisionSys AI (VSA) are massively down amid news the firm is aiming to create a Solana treasury holding up to $2 billion worth of the popular cryptocurrency. VSA shares were recently trading at $2.05, down 40% on the day. They fell as low as $1.26 earlier in the day. Despite the drop, VSA shares are up more than 200% year-to-date. To execute the treasury strategy, the firm’s wholly owned subsidiary Medintel Technology Inc has entered ...

Popular stores of value like Bitcoin and gold jumped Wednesday, diverging from a spooked stock market that contracted in the wake of the U.S. government’s first shutdown in nearly seven years.  Bitcoin is up 3.6% in the last 24 hours, to $117,293 at writing, reaching its highest price in about two weeks. The token has spiked over 7% since Sunday. Gold, meanwhile, soared to a new all-time high Wednesday morning above $3,922 per ounce, according to Yahoo Finance. It has remained closed to the mark, recently p ...

Solana, Dogecoin, and Cardano all showed outsized gains relative to the rest of the crypto market recovery on Wednesday morning. The broader crypto market capitalization has posted a 3.3% bump since this time Tuesday, according to price aggregator CoinGecko. But SOL increased by 6.3% to $220; DOGE climbed 7.7% to $0.245; and ADA has gained 6.6% to $0.84 at the time of writing. The U.S. Congress did not get the votes it needed to approve a continuing resolution late Tuesday, which would have averted a gove ...

AI trading Gen Z. Photo by BeInCrypto US regulators are reportedly probing more than 200 firms with crypto treasuries over insider trading. The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) raised concerns after observing unusually high trading volumes and sharp stock-price gains in the days before the companies' announcements. A Regulatory Sweep Recent reports revealed that federal regulators are now scrutinizing over 200 companies that have adopted cry ...

Move over MicroStrategy. Ethereum treasury companies are the most aggressive buyers in town. Ethereum treasuries control 3.5% of all Ether, while Bitcoin treasuries hold 3.4% of the network’s total supply, according to Blockworks Research data. It’s a minimal difference that reveals big momentum: Ethereum treasuries have tripled their holdings since July while Bitcoin treasuries plateaued. “I am not surprised,” Max Shannon, senior research associate at Bitwise, told DL News. “I think the percentage of s ...

We recently published 10 Stocks With 10-60% Upside. Galaxy Digital Ltd. (NASDAQ:GLXY) is one of the top performers on Monday. Galaxy Digital rebounded on Monday, jumping 10.97 percent to finish at $34.29 apiece as investors mimicked the company’s optimism for Bitcoin hitting $200,000. In an interview posted on YouTube, Galaxy Digital Ltd. (NASDAQ:GLXY) Chief Executive Officer Mike Novogratz said that he expects Bitcoin to crack past the $200,000 level if a more dovish Federal Reserve chairman gets appoin ...

The US Securities and Exchange Commission (SEC) has recently charged out on Solana Treasury firm QMMM Holdings, with its stock price gaining 1000 % in just 25 days. The SEC alleges that the rally was fueled by anonymous social media promotions after the company announced plans to establish a $100 million diversified crypto treasury, with investments in Bitcoin , Ethereum , and Solana . The rush for crypto treasuries is on the rise as players like Forward Industries have been accumulating in significant nu ...

Key Points E*Trade only lets its customers invest in cryptocurrencies through ETFs. But in 2026, it will finally let investors natively trade Bitcoin, Ether, and Solana. All three of those coins could soar higher during the next few years. 10 stocks we like better than Bitcoin › Morgan Stanley's (NYSE: MS) E*Trade is one of the top online brokerages in the U.S., but it doesn't provide any cryptocurrency trading tools. For now, E*Trade customers who want to invest in cryptocurrencies can only buy t ...