At this time, at that time, in the world of funds, Feng Shui takes turns.
Author: Meatballs
Editor: Wilderness
hope you reason to buy the fund, do not call me Cai always made money, lost money Cai called me a dog. Cai Songsong, the "top class" in the fund industry, once said so.
But recently, he can no longer stop those who scold him Cai Gou.
With the correction of the semiconductor sector, the two funds he traded both fell not small. They are all heavily stocked with semiconductors.
In the comment area of the fund App, spit and jokes flew together. The topic "How funny is Nuo'an comment area" has been read more than 13.8 million on Weibo.
In the first half of last year and the year before, Cai Songsong and his fund were still highly sought after because of their outstanding performance.
At this time, at that time, in the world of funds, Feng Shui turns around. Maybe it’s going around and it's falling, but it's rising again.
But the cut leek may have gone away with tears.
1. Large group mocking scene
"I entered the bus station yesterday and the staff asked me to show my health code. I turned on Nuoan Growth Mix and she silently let me in after a glance. It was great. "This is a recent piece about Nuoan.
When making money, it is Sweet. When losing money, it was Mrs. Niu.
Recently, following a sharp drop, Lion Growth Hybrid Fund was criticized as a "slag man fund". Its trader-star fund manager Cai Songsong was criticized as a "slag man", ushering in a large group of ridicules , Once again from Mr. Cai to Cai Gou.
Christians who are having fun in their hardships have left messages in the fund APP, and many of them are amazing.
The Galaxy is also lying down.
There are also people who come here to watch the excitement, the small bench is placed, the melon seeds and peanuts are up.
On Taobao, there are even many types of Cai Gou's hands on sale, some of which can be selected in size and priced from 78 yuan to 259 yuan, even There is a big discount for buying three.
2, Mr. Cai and his person
The baby-faced Cai Songsong is only 35 years old this year, but he is already the "top-level" in the fund industry.
"High-tech genius children, authoritative experts in integrated IC, and the first strong man in science and technology funds." The media once summarized Cai Songsong.
When he was a child, Cai Songsong was a famous student. At the age of 15, he entered the juvenile class of the University of Science and Technology of China to study computer. Later, he studied chip design at the Chinese Academy of Sciences and got his Ph.
Searching on Zhinet now, you can also find many papers published by Songsong Cai from 2009 to 2013.
After joining the work, Cai Songsong first went to the Institute of Computing Technology of the Chinese Academy of Sciences, and then went to Tianjin Feiteng Information Technology Co., Ltd., all in his old line of chip design.
At this time, he is still taking the typical technical male route.
Next, the style of painting changed suddenly-Cai Songsong crossed the border into the financial circle, from a technical nerd to a well-dressed fund manager.
At the beginning, Cai Songsong first worked at Huatai Securities Research Institute,Study the computer industry. Next, he entered the Lion Fund as a researcher.
By the beginning of 2019, Cai Songsong began to manage two funds. They are Nuoan Growth and Nuoan and Xin, who are scolded as dogs today.
At that time, the Sino-US trade war was in full swing. The United States issued a technology ban on China, and China's semiconductor industry was greatly affected.
But crisis also means opportunity. After the third quarter of 2019, Cai Songsong gradually switched his position to the semiconductor field.
He dug a big gold mine. The semiconductor sector subsequently rose sharply. For the whole year of 2019, Lion's growth rate reached 95.44%.
's most exaggerated record is that within one month after the opening of the Sci-tech Innovation Board, the growth of Lion and the net value of Lion and Xin both exceeded 40%.
Cai Songsong became famous, and the size of the fund he managed began to expand rapidly, from more than one billion to more than 30 billion.
is accompanied by the ups and downs following the trend of the entire semiconductor stock price.
Industry doubts are also oncoming-is it too risky for concentrated investment in semiconductors?
"I recently heard of a hard-core growth product. Fund managers have only been in the business for three years and invested only one year. The scale has rapidly expanded from a billion in last year to nearly 20 billion at present, and most of the scale is In the second quarter of this year, the product was basically fully stocked with semiconductors. I couldn't help but fall into deep thought. Although the grapes are inevitably sour, is this really good?" A fund manager once asked.
The outside world believes that this is Cai Songsong.
In September 2020, Ba Jiuling of Wu Xiaobo Channel also published an article that three things that young people should not touch are smoking, drinking, and Nuoan Growth Mixed Fund.
At that time, Lion Growth Hybrid Fund fell by more than 16% in the past month. Some netizens lamented, "No man can let me pierce my heart, except Cai Songsong."
Two months later, because one day it rose More than 8%, two days later, another day fell by more than 6%, Nuoan grew up on Weibo twice.
Some people say that Cai Songsong is a gambler.
But obviously, Cai Songsong did not admit defeat.
He once explained his investment philosophy in the live broadcast, saying that he should be the sharpest spear of technology investment, so the foundation adheres to the growth, radical, and single-industry configuration.
He is still optimistic about the technology track and domestically produced alternatives. In a recent interview, he said, “In the face of phased downturns, I still chose to accompany outstanding companies through the cold winter.”
3, plummeted
is just most of the basic citizens I don’t have much feelings, I just want to make a profit and run away. I don’t have the patience to sit on the bench for a long time, and I am afraid of losing money.
What's more, those young new leeks don't invest a lot of money, but they scream when they lose, which makes the whole world known.
On February 5, Lion's growth fell 2.68%, and Lion and Xin fell 2.93%.
Calculated on a monthly basis, in the most recent month, Lion's growth has fallen by more than 7%, and Lion and Xin have fallen by more than 8%.
The faster it rises, the harder it falls. The higher the return, the higher the risk. In the financial market, this is always an iron law.
These fund-heavy semiconductor stocks, the recent trend is not too good.
The top three holding stocks of Lion's growth position are Weir, North China, and SMIC.
Weir shares have not fallen much, but North China Huachuang has fallen 20% since January 18.
And SMIC is also miserable, from a peak of 64 yuan in January to 52 yuan today.
The hearts of investors and Christians are dripping blood.
"Semiconductor is the leek harvester." Someone sighed.
As of last week, Lion's net growth per unit is 1.71, which is a drop of more than 30% from its July 2020 high.
Lion and Xin's unit net value is 1.42, which is a drop of more than 35% from the high in July 2020.
What makes people laugh is that the money-losing Christians touched the live replay of Cai Songsong's investment philosophy in August 2020, and left a message below: "Finally found! Cai Gou pays back!!!"
was sought after by everyone The transition from a star to an outcast who was ridiculed by a large-scale group is just a moment.
Yes, this world is so realistic.
Semiconductor is falling, military industry is falling, and insurance is falling. The index climbed to 3,500 points, but most of the stocks fell instead of rising, and the market was panic.
There is only white wine, which will continue to rise for thousands of years and become the safest asset.
In stark contrast to the collapse of Nuoan's growth in the base people, the base people of Yi Fangda small and medium caps are full of joy.
The top four major stocks of this fund are Moutai, Yanghe, Luzhou Laojiao and Wuliangye. The trader is the star fund manager Zhang Kun.
In the past three months, the fund's growth rate reached 27%.
Because I made money for myself, in the comment section, people showed full love to Zhang Kun.
Someone said that he bought 60,000 e Fund small and medium caps in April 2017, and has made 160,000 today, "Thank you Kun".
"Love is always with you, only in, but not out." Someone called out a declaration of love, called Zhang Kun, the God of Wealth.
Some people even posted Spring Festival couplets on the wall: "Kun Kun can fly with ease, and ikun will always follow."
In the middle is a striking big character:
"Rise."
I just don't know one day, Will Zhang Kun become the next Cai Songsong?
The latest news is that on February 8th, most of the stocks held by Lions Growth Mix became dividends, and some of them rose not small.
On this day, the Christians made money.
But a new paragraph came out again: "Today Nuoan is soaring, and I am not moved at all, because I know it will slowly fall back."
picture comes from the Internet, invaded and deleted
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