Duan Yongping posted something interesting on the fifth day: "I looked in the mirror for a moment." He’s probably joking about himself as the God of Wealth, but if you know his investment history, the reference is far from casual.

This guy is a silent legend in the market. Born in 1961 in Nanchang, he founded Xiaobawang in the 1990s, then created Bubugao in 1995 with a team that included people who would become founders of OPPO and VIVO. But the real story is that in 2001, at 40 years old, he simply said enough and retired to do investments. And from there, the magic began.

The investment in NetEase? It yielded 100 times. In 2006, he spent $620,000 on a lunch with Buffett, becoming the first Chinese to do so, and brought along the founder of Pinduoduo. Duan Yongping has become the "Chinese Buffett" for a reason.

But what’s interesting is how he invests now. In 2011, he bought Apple at a market cap of $300 billion. Today, Apple is worth more than 40 times that, even though it has sold quite a bit in recent quarters. He bought Moutai almost surgically, almost at the limit of a daily increase. He played the big game on Tencent: bought at HKD 300 when everyone said it was crazy, it dropped to 180 at the end of 2022, and now it’s at 657. Those who held doubled their money. Duan Yongping once angrily responded to someone criticizing his Tencent purchase: "Shut up. Looks like you have more money than me."

And in Q4 of 2025, when NVIDIA was at a high, he did what he always does: bought frantically. 6.6 million shares, increasing his holding by 1,110%. The total value rose to $1.35 billion, ranking third in his portfolio with 7.72%. Meanwhile, he sold Apple, reducing it by over 7%, liquidating 2.47 million shares.

But the most interesting thing is his strategy on the AI chain. He built positions in CoreWeave, Credo, and Tempus. Computing power, connection, application. Three key nodes of the value chain. 299,000 shares, 141,000 shares, 110,000 shares. It’s not random.

This is Duan Yongping’s way of investing. He doesn’t follow trends, he anticipates cycles. And when he posts "I looked in the mirror for a moment," he’s probably saying he knows exactly what he’s doing.