Duan Yongping posted a picture on Snowball showing a profit of 33 million USD, reportedly just one of his 50 accounts... (poverty has limited my imagination).
In 2011, Steve Jobs passed away, and Apple lost its soul, leading to widespread skepticism in the market. During that confusing late autumn, Duan Yongping entered the market and heavily bought Apple shares.
Fourteen years later: Return: +1,881.8% Profit per account: $33,920,767 (about 240 million RMB) Annualized return: approximately 24.5%
Duan Yongping practiced choosing great companies correctly and then leaving the rest to time. But how many people can actually do that?
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Duan Yongping posted a picture on Snowball showing a profit of 33 million USD, reportedly just one of his 50 accounts... (poverty has limited my imagination).
In 2011, Steve Jobs passed away, and Apple lost its soul, leading to widespread skepticism in the market. During that confusing late autumn, Duan Yongping entered the market and heavily bought Apple shares.
Fourteen years later:
Return: +1,881.8%
Profit per account: $33,920,767 (about 240 million RMB)
Annualized return: approximately 24.5%
Duan Yongping practiced choosing great companies correctly and then leaving the rest to time. But how many people can actually do that?