An important shift this year has been the willingness, after in-depth research and investigation, to make significant allocations to stocks we are confident in. Of course, the time spent on research and writing analysis reports has greatly increased (otherwise blindly taking large positions could affect sleep and lead to unnecessary monitoring), but so far, it has proven worthwhile.
“Spend at least as much time researching a stock as you would choosing a refrigerator.” - Peter Lynch
In order to gain a more comprehensive understanding of Futu recently, I actively participated in some online events organized by moomoo, which left a deep impression on me regarding their operations team. @Moomoo AU @Popular on moomoo @Mooers Lab As an architect and designer, I have always believed that in this era, a platform needs an excellent app. However, it not only requires outstanding UX design and user-friendly UI but also cannot do without a truly dedicated operations team focused on user experience and solid execution. Companies that can translate user experience into business growth possess a long-term competitive moat.
“Know what you own, and know why you own it.” - Peter Lynch
Seize more new users and asset-holding users when...