06-09-2021, 12:31 PM
(06-09-2021, 07:19 AM)sgbuffett Wrote: It is designed so that winners will make up for losers.iThe portfolio never had a day of loss even when the hang seng tech index fell to all time low.
The initial design bought me time to understand the China HK market well and better find the opportunities. The similarities of the big tech with the US without the hefty valuation together with fear of govt regulation has helped create opportunities.
What about US tech companies like Apple and Google? The valuations are still reasonable at 30 P/E.