Eastern time on Tuesday, Nvidia rose more than 1%, another record high, and its total market value reached $2.86 trillion. Private equity big guy but bin this “make numb”, but bin happy, but unexpectedly found the company’s internal investment “differences”. In the second half of 2023, many of Bin’s products will be added to the 100ETF, the technology ETF and other targets. Recently, but Bin issued a document saying, “To see that among the eight fund managers in Eastern Harbor, one held three times the short 100ETF with less than 5% of the position, it was impossible to resist, and he discussed it.” But Bin said, I have been investing for 32 years, so far I am only long not short, not optimistic, at most light positions spent.”
Nvidia hits new record high, but Bin ‘profit is dead’
The recent A-share market is in A state of adjustment after the rebound, especially the micro-cap stocks have fallen sharply under the influence of the new delisting regulations, and the adjustment of the market has also made a lot of private institution products appear no small retreat. However, for private equity tycoon Dan Bin, the net value of its products continues to hit new highs, because the stock price of Nvidia, the US AI leader it holds, is constantly hitting a record high. Eastern time on Tuesday, as of the US stock market close, Nvidia rose more than 1%, another record high, and the total market value reached $2.86 trillion.
Due to the shortage of products, major investment banks in the United States have raised the price target of Nvidia, UBS raised the price target of Nvidia from $1,150 to $1,200. For the surge in Nvidia stock prices, the domestic investment community should be the most happy private equity boss but Bin, because of the layout of the US AI sector through the ETF and the market attention, Nvidia stock prices hit a record high, but also let but Bin “earn”, such as the latest unit net worth of Eastern Harbor Marathon global as of May 31 7.2533 yuan, So far this year, the revenue has reached 34.86%.
For the investment in Nvidia and the ETF, the Eastern Harbor internal disagreement, the company has fund managers and but Bin sang the “countertone”. Recently, Dan Bin posted on Weibo that he “saw that one of the eight fund managers in Eastern Harbor held three times the short 100ETF with less than 5% of the position.”
But Bin said, “It is really can not resist, and he discussed it, I said to be careful ah!” Long bull short, suitable for long! … The logic of each investment should stand up to scrutiny and historical examination…” “Of course, I respect his personal decision! I have been investing for 32 years, and Oriental Harbor has been established for 20 years, so far I am only long not short, not optimistic, and at most light positions through the crisis stage…”
After that, but Bin also issued a document saying that the same platform private equity, Gao Yi’s six fund managers have different backgrounds, different management styles, and the overall values are consistent, all of which belong to different styles of value investment. Share the investment research team, each fund manager has his own special assistant, what stocks to hold is not limited by his own judgment, the platform provides fundraising, operation and risk control. Over the past few years, the performance gap has slowly opened up.
Hold a number of Nasdaq ETFs, but be “short” by your own people?
It is worth noting that the internal investment differences of Eastern Harbor are not the first time, as early as May 27, but Bin wrote on Weibo that “Why is investment difficult?” The direction of artificial intelligence choice, there are different choices inside the Eastern Harbor, ‘stubborn’ and ‘paranoid’, the difference between one word, the result is between cloud mud.” However, Bin said, “The funds of the researchers in charge of the main relevant research in our company are also ‘intermittently’ holding Nvidia under my strong recommendation, and several are holding Nvidia under my strong recommendation!” In fact, I do not understand this… Why?”
But Bin said, “From beginning to end, the eight fund managers in Eastern Harbor heavily hold NVIDIA, and I am the only one!” I am talking about this with an open and inclusive mind, not just because I am right, but because this objective existence and facts are discussed… Why do the vast majority of people miss an era!” There is a good saying: performance is the performance of cognition, and the gap of understanding is the gap of performance. Sometimes think, investment is really a “magic, wonderful” thing, you think “should” things, in fact, “the difference is huge.”
For Dan Bin’s fund managers three times short the index 100ETF, the market is puzzled by the fact that many of the products of Eastern Harbor have previously increased their positions in the index 100ETF. According to the incomplete statistics of the private placement network, a number of products of Eastern Harbor have significantly increased the Nasdaq 100ETF and Nasdaq technology ETF, of which five private products appear in the list of top ten holders of U.S. stock ETFs, and these ETFs, the top ten heavy positions are dominated by key technology stocks such as Nvidia. For example, among the top ten share holders of GF NASDAQ 100ETF by the end of 2023, the China Resources Trust and Eastern Harbor Foresight Collective Fund Trust plan managed by Bin holds 85,591,800 copies of the fund, ranking sixth.
As early as April 18, in the private network platform, Dan Bin said that our investment system is mainly to invest in companies that change the world and companies that will not be changed by the world. The technology revolution is the core driver of investment, and we are still on the eve of the explosion of AI. Do investment to make a lot of money, or to stand in the industry cycle, is a company from growth stocks to value stocks fission process. At present, the company’s investment direction is going all out to shift to the field of artificial intelligence, including the investment and research direction of the company’s researchers are turning to artificial intelligence.
