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$ST Engineering(S63.SG)$It was tricked again, shipped at the last second

The California State Teachers' Retirement System, the second-largest public pension by assets in the U.S., bought more shares of movie-theater chain $AMC Entertainment(AMC.US)$ and analytics-software firm $Snowflake(SNOW.US)$, acquired shares of the $Tilray Brands(TLRY.US)$, and reduced its holdings in $Berkshire Hathaway-B(BRK.B.US)$, Buffett's investment juggernaut. Calstrs, as the pension is known, disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission.
Calstrs said it doesn't comment on its holdings or on individual investment managers. The pension managed $321.9 billion in assets as of Oct. 31.
AMC stock caught fire during the meme-stock frenzy early in the year, when small investors communicating via social media bought shares of beaten-down companies in hopes of triggering gains that would force people who had bet against those stocks to buy in order to close their bets. The trend led to a surge in volatility that prompted the Federal Reserve to warn this month that meme-stock related market swings could be a risk to the financial system. AMC's third-quarter results were better than expected, and the chain is now accepting cryptocurrencies for online payments.
Yesterday, AMC shares fell 15% to their lowest close since May. The Omicron variant of coronavirus has revived fears that new lockdowns could keep movie-goers away from theaters.
Mooers, what do you think of the giant pension's investment in these most-volatile stocks?

First and foremost, I would like to thank to the 50+ supporters and participants who have voted for an example , and because of your loves and likes, we shall go through an example in today's discussion.
So here we go!
Step 1. Identify the number of stocks that we are willingly to trade.
We will select 8 as the number of stocks that we are willing to trade.
Step 2. Identify the list of favourite stocks that we can afford to trade with.
We will select $Apple(AAPL.US)$ , $Bank of America(BAC.US)$ , $Coca-Cola(KO.US)$ and  $Moody's(MCO.US)$ as our favorite stocks. The price is 179.45, 44.52, 56.28 and 397.75 as of 10 Dec 2021 in USD.
This is 50% of the total number of stocks we have selected in Step 1.
Step 3. Identify the budget that we going to spend on our portfolio.
We will be investing USD $12,000 on our SI portfolio.
Step 4. Look thru the SI we are familiar with in the SI feature.
We have found the following SI that we are familiar with.
Berkshire Hathaway Inc.
Soros Capital Management LLC.
Dimensional Fund Advisors L.P.
Temasek Holdings (Private) Limited.
Also, in the Berkshire Hathaway Inc. top 8 holdings list, it has all the favourite stocks that we want.
$Apple(AAPL.US)$ *, 179.45, 46.77%
$Bank of America(BAC.US)$ *, 44.52, 13.21%
$American Express(AXP.US)$ , 167.03, 7.44%
$Coca-Cola(KO.US)$ *, 56.28, 6.61%
$The Kraft Heinz(KHC.US)$ , 34.15, 3.27%
$Moody's(MCO.US)$ *, 397.75, 2.88%
$BYD COMPANY(01211.HK)$ , 289.8, 2.45%
$Verizon(VZ.US)$ , 50.19, 2.34%
Total: 84.97% of SI portfolio
Cost: 1219.17
* favourite stocks as in step 2, and the first number is the stock price as of 10 Dec 2021 while the second number represent the stock weightage in the portfolio.
Thus, we shall select Berkshire Hathaway Inc portfolio to be cloned.
Step 5. Check if SI have at least 8 consecutive years of quarterly 13F filings.
Berkshire Hathaway Inc. (Yes )
Soros Capital Management LLC. (No)
Dimensional Fund Advisors L.P. (Yes )
Temasek Holdings (Private) Limited. (Yes )
Step 6. Look out for any restatements (for both buys and sells) issued by SI.
A quick check shows that there is no restatement for the past 5 years from Berkshire Hathaway Inc.
Step 7. Using our magic formula.
Using the magic formula:
[ (Stock weightage in SI portfolio / Total weightage of trimmed SI portfolio) x our budget (Step 3) ] / current Stock price. Each result will be round down to the nearest integer.
We will buy the following number of stocks
$Apple(AAPL.US)$ , 36 stocks
$Bank of America(BAC.US)$ , 41 stocks
$American Express(AXP.US)$ , 6 stocks
$Coca-Cola(KO.US)$ , 16 stocks
$The Kraft Heinz(KHC.US)$ , 13 stocks
$Moody's(MCO.US)$ , 1 stocks
$BYD COMPANY(01211.HK)$ , 1 stocks
$Verizon(VZ.US)$ , 6 stocks
Step 8. Begin our cloning via trading.
Now, we shall place our trades in the $Futu Holdings Ltd(FUTU.US)$ MooMoo apps to clone the SI portfolio and turn it to become our SI portfolio.
$Apple(AAPL.US)$ , 36 stocks @ USD 179.45
$Bank of America(BAC.US)$ , 41 stocks @ USD 44.52
$American Express(AXP.US)$ , 6 stocks @ USD 167.03
$Coca-Cola(KO.US)$ , 16 stocks @ USD 56.28
$The Kraft Heinz(KHC.US)$ , 13 stocks @ USD 34.15
$Moody's(MCO.US)$ , 1 stocks @ USD 397.75
$BYD COMPANY(01211.HK)$ , 1 stocks @ USD 289.8
$Verizon(VZ.US)$ , 6 stocks @ USD 50.19
That's all for the example. Please give a like to show your support, and do vote if you will be cloning any SI portfolio in the next 3 months.