· 方法论

强调股票是正和游戏,只有稀释严重时才会伤害长期持有人。

涉及标的:

中文翻译

也许你还没意识到,股票和 Melania Coin 不一样,是正和游戏。只要方向判断对了,长期每个人都会受益。 人们买 $LITE、$AEHR 或 $AAOI,并不会变成“退出流动性”;随着价值创造和营收增长,价格是会持续上涨的。 公司会创造经济价值,并通过分红之类的方式回馈散户股东。 当然也有例外,比如 $SNAP 或 $IREN,如果管理层试图通过过度 SBC / 稀释来抽干价值,那就会出问题。

英文原文

Not sure if you realize yet, but stocks are positive sum gain unlike Melania Coin. Everyone benefits long term if someone is right directionally. It's not exit liquidity when people buy $LITE, $AEHR, or $AAOI and the prices go up over time because of value creation + revenue growth. Companies create economic value and return that to retail shareholders through things like dividends. There's exceptions with things like $SNAP or $IREN if there's excessive SBC/dilution if management tries to drain value.

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