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  • 2025 年度投资总结

    2025 年度投资回顾与反思：Bet the Dip
    Investing Created Wed, 24 Dec 2025 22:10:36 +1300

  • Circle暴涨后，400亿美元估值是否合理？

    我的判断是：Circle不是没有价值，但当时约400亿美元的估值已经很充分地反映了未来增长预期。这个价格更适合看作对未来三到五年业务扩张的提前定价，而不是对当前盈利能力的定价。
    Investing Created Sun, 29 Jun 2025 00:00:00 +1200