【Financial Education】这只股票就是下一个 AMD!!

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你得把煎饼直接扔进垃圾火堆里

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天啊

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看看这些动作

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SaaS股票持续暴跌

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Service Now下跌17点

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今日下跌7%

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Salesforce暴跌

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IBM暴跌

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甚至Palantir今日跌7%

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Day Adobe和两个

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It Shopify

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天啊

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简直惨不忍睹

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我们将在视频开头讨论SaaS股票

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这里的机会在哪里

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这里的恐惧又是什么

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什么是合理的

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什么是不合理的

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我们将在视频开头详细分析

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如果存在重大机会

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那么我们将讨论AMD

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AMD今日再创历史新高

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本视频将解析AMD

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今日之后我们将回归SaaS股票

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Service Now的CEO

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Mcdermott五小时前在彭博社发表评论

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我想对此做出反应

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理解业务现状非常重要

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因为这是那种关键时刻

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你知道的

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特定股票如Service Now

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或Salesforce当你考虑买入这些股票时

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未来三到五年可能赚大钱

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或陷入死钱

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没错，必须仔细听取这些人的观点

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实际业务现状如何

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嗯

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在这些商业模式方面

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为了应对这一点

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投资者无需改变对软件行业的看法

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期待对此做出反应

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接着我们将讨论Meta股票

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许多人过去几年买入Meta股票

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可能是投资者

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这是我的重大投资

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嗯

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今日大幅波动

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我想谈谈当前情况

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我的观点与看法

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所有这些重要内容

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一件事

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我只需要你们做一件事

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我尽量保持你们及时了解

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正在发生的一切

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我们面对的是快速变化的市场

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而我唯一的要求就是点个小小的赞

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那个点赞按钮

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如果你能点击那个点赞图标

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这对我来说意义重大

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对已经做到的每一个人

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你们根本不需要我提醒

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非常感谢你们

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我真的很感激

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另外

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请务必订阅频道

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这完全免费

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在这里订阅完全免费

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为什么要不这么做呢？保持信息同步

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我要分享股票信息

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我要跟进市场动向

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我要抓住下一个大机会

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我们正在视频中讨论这个

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好的

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听着，SaaS领域

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股票

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这些股票反复给你虚假希望

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每次你以为

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好的

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我们已脱离险境

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接下来将一路攀升

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它们又回落下来

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就像

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天啊

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像

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我们能不能喘口气

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你知道的

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这些股票真的会触底反弹吗

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那恐惧来自哪里

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好的

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对于这些股票

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其中一个因素是

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我们都知道

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其中一个担忧是

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哦

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你们能完全替代ServiceNow产品

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以及Salesforce产品在Adobe和Intuit的应用

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你们将能够全面替代

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只需几个LLM提示词就能搞定

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就是这样

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你知道的

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你完全解决了这个问题

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嗯

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不是这样运作的

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不是这样运作的

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好的

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但这是个大问题

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好的

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第二大担忧是我们昨天看到的服务现在的情况

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好的

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如果从服务现在的数据来看

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收入增长非常惊人

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同比增长两位数的收入增长

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简直了对吧

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H h 嗒啦啦

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但开支方面

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他们面临开支问题

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营业利润仅增长了12%

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这不是好数据

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希望营业利润能比收入增长更快

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如果你的收入增长两位数

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希望营业利润增长两位

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六个百分点

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增长三十

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两个百分点

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增长三五个百分点

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增长四十个百分点

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这意味着你的商业模式正在产生实际杠杆效应

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你正在控制开支

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而收入快速增长

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如果营业利润增长幅度比收入低一个千分点

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差距

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所以另一个担忧是

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这些公司正在大量投入AI

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但听我说

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这不是仅限于SaaS领域

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好的

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猜猜看

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猜什么

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还有哪些公司正在疯狂花钱

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亚马逊

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谷歌

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麦当劳

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所有这些股票

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它们现在都面临巨额开支问题

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短期内这种情况将持续

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这些公司正在巨额投入AI未来

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他们相信这将大幅提升公司

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市值

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收入

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未来五到十年甚至二十年的利润

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坦白说

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你推出过的每项技术

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早期需要大量投资周期

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没错，技术周期的胜出者最终收益将大幅增长

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远超最初的投入

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他们最初投入的技术资金

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好的

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所以这需要记住这一点

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现在好了

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在我看来

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在SaaS股票方面

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好的

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听着，我

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我明天就要买入股票了

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你了解我的

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我每周五收盘时必买股票

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甚至周四也会买

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但明天我会在公开账户买入股票

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明天我会在Patreon组合中买入股票

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明天我会在私人组合中买入股票

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没错

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这是我每周的固定操作

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总是不同股票

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问题在于

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明天我会买入哪些股票

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没错

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我可以告诉你明天要买入的股票

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都是SaaS股票

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明天我会买入Salesforce和ServiceNow这类公司

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没错，我认为这是绝佳机会

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我们马上会听到ServiceNow的CEO发言

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就在下一刻

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这可能增强你的信心

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我认为我们正在经历的这段时期

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未来几年都是绝佳机会

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在这些股票中

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在这些股票中

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未来五个月

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你的猜测和我一样

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ServiceNow股价还能涨多少

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这只股票现在是下跌了吗

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还是上涨了

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你的猜测和我一样

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如果这只股票今天83美元

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我不知道接下来20美元可能跌至63美元

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也可能涨至100到103美元

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我不知道，说实话我不在意

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你们了解我的

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我是这些公司的长期投资者

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我现在正在投资服务

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因为我相信这家公司股价有望再次突破两百美元

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所以这无关紧要

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无论股价从这里再跌二十美元还是涨二十美元

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你知道的，我专注于两百美元以上的目标

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如果这次投资成功

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那将是因股价大幅上涨

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而不是小幅波动

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好的

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说到大幅上涨的股票

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没错，顺便说一下私有股票群成员观看视频

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我放了

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我专门为你们做了独家视频

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讲的是SAS

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股票

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快去看看

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我会在面包屑里发布

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点击加入我的私有群组

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顺便说一句

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你想要所有独家视频的访问权限

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访问我的所有课程大纲

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访问我的私有Discord聊天室

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这里会不断更新

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嗯，访问ThousandXStocks.com

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所有优质内容

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这些都会在视频下方置顶评论

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请点击填写表单

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我们会检查你是否能获得访问权限

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可能这个周末或下周

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好的，我们将寄送你的钢制会员卡

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一旦加入我们

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我们会寄到你家

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这些卡片非常精美

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好的

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说到美丽的AMD股票真是美丽

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天啊

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这支股票太漂亮了

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创下历史新高

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几乎每天我都在之前的帖子中提到过

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顺便说一句

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我的推特始终在下方描述区域

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如果你想在X上关注我但已发布

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现在你知道了

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在AMD上持有五十四万美元的盈利令人难以置信

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最棒的是我持有大量AMD股票

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在我的其他投资组合中

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AMD是最大持仓

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在Patreon和私有投资组合中

248
00:07:31,579 --> 00:07:34,939
我在AMD股票上赚得盆满钵满

249
00:07:34,939 --> 00:07:36,899
所以就像

250
00:07:36,899 --> 00:07:38,180
太棒了，兄弟

251
00:07:38,180 --> 00:07:41,949
我只是对AMD感到非常开心

252
00:07:41,949 --> 00:07:46,048
最棒的是，昨晚在主频道谈到AMD时

253
00:07:46,048 --> 00:07:46,769
金融教育

254
00:07:46,769 --> 00:07:50,189
我在视频里还提到了AMD和其他几个话题

255
00:07:50,470 --> 00:07:52,290
AMD最令人惊叹的地方

256
00:07:52,290 --> 00:07:53,389
你看这只股票

257
00:07:53,389 --> 00:07:55,769
背后有惊人的上涨动能

258
00:07:55,769 --> 00:07:56,538
没错

259
00:07:56,538 --> 00:08:00,500
三到四千五系列的出货量还没真正

260
00:08:00,500 --> 00:08:01,060
你知道的

261
00:08:01,060 --> 00:08:01,959
还没完全到位

262
00:08:01,959 --> 00:08:05,089
四千五系列的大规模出货会在夏季到来

263
00:08:05,089 --> 00:08:07,689
我们将继续保持高度和兴奋

264
00:08:07,689 --> 00:08:09,930
未来一段时间还会持续流入这只股票

265
00:08:09,930 --> 00:08:10,589
没错

266
00:08:10,589 --> 00:08:12,670
财报将在几周后公布

267
00:08:12,670 --> 00:08:13,769
这会很令人兴奋

268
00:08:13,769 --> 00:08:14,649
指引情况如何

269
00:08:14,649 --> 00:08:16,930
丽莎，评论内容是怎样的

270
00:08:16,930 --> 00:08:19,029
要讨论的团队规模可能比我们预期更大

271
00:08:19,029 --> 00:08:19,930
这是有可能的

272
00:08:19,930 --> 00:08:20,730
对吧

273
00:08:20,730 --> 00:08:21,329
呃

274
00:08:21,329 --> 00:08:22,970
我们看到的完全没有放缓迹象

275
00:08:22,970 --> 00:08:25,529
CPU需求完全没有放缓

276
00:08:25,529 --> 00:08:26,529
GPU需求

277
00:08:26,529 --> 00:08:28,589
这太棒了

278
00:08:29,029 --> 00:08:30,569
但最棒的是

279
00:08:30,569 --> 00:08:32,169
或许整个故事中最精彩的部分

280
00:08:32,169 --> 00:08:36,179
最顶上的惊喜是三百美元价位

281
00:08:36,179 --> 00:08:37,899
这只股票可能仍处于这波行情初期

282
00:08:37,899 --> 00:08:43,500
未来几年这只股票有潜力涨到一千美元

283
00:08:43,500 --> 00:08:46,000
昨晚我在主频道给你做过详细计算

284
00:08:46,000 --> 00:08:47,360
金融教育没错

285
00:08:47,360 --> 00:08:51,620
我在主频道给你做过相关数学推演

286
00:08:51,620 --> 00:08:54,220
这只热门股票未来几年或涨到一千美元

287
00:08:54,220 --> 00:08:56,740
我估计五百美元

288
00:08:57,179 --> 00:08:58,879
但还没完全确定

289
00:08:58,879 --> 00:08:59,940
不过已经非常接近了

290
00:08:59,940 --> 00:09:02,299
如果你想知道离确定还有多远

291
00:09:02,299 --> 00:09:04,240
未来几年股票涨到五百美元

292
00:09:04,240 --> 00:09:05,809
已经非常接近确定了

293
00:09:05,809 --> 00:09:07,389
我认为最大的问题是

294
00:09:07,389 --> 00:09:09,269
未来几年的顶部会在哪里

295
00:09:09,269 --> 00:09:11,450
是七百五还是千美元

296
00:09:11,450 --> 00:09:13,289
是一千五还是两千元

297
00:09:13,289 --> 00:09:15,909
这是我对AMD最大的疑问

298
00:09:15,909 --> 00:09:18,279
这很大程度上取决于

299
00:09:18,279 --> 00:09:20,000
营收增长幅度

300
00:09:20,000 --> 00:09:23,840
利润增长速度比收入增长快多少

301
00:09:23,840 --> 00:09:25,039
对AMD来说最好的事情

302
00:09:25,039 --> 00:09:26,610
他们没有问题

303
00:09:26,889 --> 00:09:28,610
就像亚马逊或Meta那样

304
00:09:28,610 --> 00:09:29,289
或者SaaS

305
00:09:29,289 --> 00:09:31,590
像谷歌或这些公司的股票

306
00:09:31,590 --> 00:09:35,938
因为他们的利润率在未来几年可能会大幅上升

307
00:09:35,938 --> 00:09:38,068
因为他们不需要疯狂投入

308
00:09:38,068 --> 00:09:39,308
他们在增加研发支出

309
00:09:39,308 --> 00:09:41,509
但收入增长幅度要大得多

310
00:09:41,509 --> 00:09:44,249
这些新一代芯片的利润率将更具竞争力

311
00:09:44,249 --> 00:09:45,240
在未来几年

312
00:09:45,240 --> 00:09:46,419
这将非常惊人

313
00:09:46,419 --> 00:09:49,000
利润和每股收益将大幅增长

314
00:09:49,000 --> 00:09:52,860
增速会远超收入增长

315
00:09:52,860 --> 00:09:54,279
这是一个完美布局

316
00:09:54,279 --> 00:09:55,740
所以是的

317
00:09:55,740 --> 00:09:58,820
这就是我看好AMD未来几年的原因

318
00:09:58,820 --> 00:09:59,879
股票何时见顶

319
00:09:59,879 --> 00:10:01,610
七百五十到一千

320
00:10:02,730 --> 00:10:05,029
一千二百到一千五百到两千

321
00:10:05,029 --> 00:10:06,309
这是个大问题

322
00:10:06,309 --> 00:10:12,250
我的想法是

323
00:10:12,250 --> 00:10:14,870
股价可能在一千美元左右

324
00:10:14,870 --> 00:10:20,710
但多年来我低估了许多持有的股票

325
00:10:20,710 --> 00:10:25,139
低估了特斯拉的涨幅和Palantir

326
00:10:25,139 --> 00:10:26,299
我曾投资过一些股票

327
00:10:26,299 --> 00:10:29,299
赚取了惊人的收益率和巨额利润

328
00:10:29,299 --> 00:10:30,509
改变人生的财富

329
00:10:30,509 --> 00:10:32,549
股价涨幅甚至超出预期

330
00:10:32,549 --> 00:10:32,850
连我都没想到

331
00:10:32,850 --> 00:10:33,470
比如Meta

332
00:10:33,470 --> 00:10:33,789
你知道的

333
00:10:33,789 --> 00:10:35,029
看这只Meta股票

334
00:10:35,029 --> 00:10:37,789
这为我创造了百万级收益

335
00:10:37,789 --> 00:10:39,870
天啊，有时候甚至超出

336
00:10:39,870 --> 00:10:41,029
我原本以为可以

337
00:10:41,029 --> 00:10:41,389
让我们听听

338
00:10:41,389 --> 00:10:44,169
这对正在观看的观众来说非常重要

339
00:10:44,169 --> 00:10:47,370
ServiceNow首席执行官谈业务

340
00:10:47,370 --> 00:10:50,639
现在正是投资这只股票的绝佳时机

341
00:10:50,639 --> 00:10:52,250
逢低买入

342
00:10:52,250 --> 00:10:53,789
目前仍为两倍

343
00:10:53,789 --> 00:10:55,190
你压低了收入

344
00:10:55,190 --> 00:10:56,009
还有什么

345
00:10:56,009 --> 00:10:57,870
现在市场能理解吗Bill

346
00:10:57,870 --> 00:11:01,200
我认为必须基于事实分析

347
00:11:01,200 --> 00:11:01,899
嗯

348
00:11:01,899 --> 00:11:05,080
我们是一家150亿美元的企业软件公司

349
00:11:05,080 --> 00:11:06,460
增长速度最快的企业

350
00:11:06,460 --> 00:11:08,990
它们的增速超过百分之二十

351
00:11:08,990 --> 00:11:11,049
我们有亮点并提升了季度业绩

352
00:11:11,049 --> 00:11:13,629
我们重申了全年业绩指引

353
00:11:13,629 --> 00:11:17,000
这就是讨论的基础

354
00:11:17,000 --> 00:11:19,299
我们是一家成长型企业

355
00:11:19,299 --> 00:11:21,519
我可以在任何你想的地方接受采访

356
00:11:21,519 --> 00:11:22,639
我想让它继续发展

357
00:11:22,639 --> 00:11:25,399
让我们谈谈地缘政治风险

358
00:11:25,399 --> 00:11:28,279
让我们讨论并购整合费用

359
00:11:28,279 --> 00:11:31,899
或许有些投资者和分析师提到的领域

360
00:11:31,899 --> 00:11:32,159
听着

361
00:11:32,159 --> 00:11:34,440
这让本季度显得稍显复杂

362
00:11:34,440 --> 00:11:34,990
也许吧

363
00:11:34,990 --> 00:11:37,309
或许更容易讲述这个故事

364
00:11:37,309 --> 00:11:42,179
当前服务采用阶段AI的底层增长率是多少

365
00:11:42,179 --> 00:11:42,720
是的

366
00:11:42,720 --> 00:11:45,279
需要明白AI就是产品本身

367
00:11:45,279 --> 00:11:46,679
这是整个平台

368
00:11:46,679 --> 00:11:49,039
该平台已完全自主化

369
00:11:49,039 --> 00:11:51,389
当客户购买我们的AI平台时

370
00:11:52,389 --> 00:11:58,340
它使企业每个职能都成为原生AI公司

371
00:11:58,340 --> 00:12:00,259
现在全部都是AI了

372
00:12:00,259 --> 00:12:01,960
这也是我们曾提到的

373
00:12:01,960 --> 00:12:04,320
我们计划在2026年实现二十亿

374
00:12:04,320 --> 00:12:06,210
净收入达十亿

375
00:12:06,210 --> 00:12:12,139
平台纯AI新增年合同价值

376
00:12:12,139 --> 00:12:12,698
昨天

377
00:12:12,698 --> 00:12:14,298
我们将其提升至一千五百万

378
00:12:14,298 --> 00:12:16,169
我们会详细说明这一点

379
00:12:16,169 --> 00:12:16,710
所以

380
00:12:16,710 --> 00:12:18,990
如果投资者有需求

381
00:12:18,990 --> 00:12:21,299
他们可能想要更大的惊喜

382
00:12:21,299 --> 00:12:23,379
我们每个季度都超额完成

383
00:12:23,379 --> 00:12:24,679
也许他们想要更大的惊喜

384
00:12:24,679 --> 00:12:25,980
接下来第二点是

385
00:12:25,980 --> 00:12:28,779
确实我们收购了几家公司

386
00:12:28,779 --> 00:12:32,029
让我们谈谈Move Veworks

387
00:12:32,029 --> 00:12:34,809
在本季度我们仅获得一个季度

388
00:12:34,809 --> 00:12:36,450
我们在一个季度内实现了

389
00:12:36,450 --> 00:12:41,240
这些公司在加入ServiceNow前从未在一个完整年度达成

390
00:12:41,240 --> 00:12:45,519
市场开拓机器知道如何将创新转化为收益

391
00:12:45,519 --> 00:12:46,490
其次

392
00:12:46,490 --> 00:12:48,850
我们收购了Vea和Armus

393
00:12:48,850 --> 00:12:50,389
Vea刚刚加入我们

394
00:12:50,389 --> 00:12:52,269
Armus周一刚加入我们

395
00:12:52,269 --> 00:12:53,730
市场可能认为

396
00:12:53,730 --> 00:12:58,220
他们是否通过并购掩盖核心增长不足

397
00:12:58,220 --> 00:13:01,480
这怎么可能，连数据中都没有体现

398
00:13:01,480 --> 00:13:03,779
这些公司确实非常出色

399
00:13:03,779 --> 00:13:07,259
因为现在你要管理人类与代理的身份

400
00:13:07,259 --> 00:13:08,860
这真的非常重要

401
00:13:08,860 --> 00:13:13,620
当你成为全球各大企业规章制度的核心时你想要

402
00:13:13,620 --> 00:13:18,360
与人类协作且高度可控的人工智能

403
00:13:18,360 --> 00:13:22,309
这就是vea以及armus运营的技术

404
00:13:22,309 --> 00:13:25,710
现在你要管理所有物联网设备

405
00:13:25,710 --> 00:13:26,350
网络

406
00:13:26,350 --> 00:13:27,970
设备等等

407
00:13:27,970 --> 00:13:30,330
以保持这些公司高度安全

408
00:13:30,330 --> 00:13:32,029
正如你比任何人都清楚的

409
00:13:32,029 --> 00:13:32,870
凯洛琳

410
00:13:32,870 --> 00:13:35,909
网络犯罪是全球第三大经济体

411
00:13:35,909 --> 00:13:38,259
每月造成万亿规模的问题

412
00:13:38,259 --> 00:13:42,519
而现在我们已打开六千亿的市场潜力

413
00:13:42,519 --> 00:13:46,340
所以我们正在追逐有史以来最大的机遇蓝海

414
00:13:46,340 --> 00:13:50,059
我们发展稳健且对全年指引充满信心

415
00:13:50,059 --> 00:13:55,639
我认为这是这支股票的最佳入场时机

416
00:13:56,080 --> 00:13:56,620
好的

417
00:13:56,620 --> 00:13:59,679
这非常重要且属于更高层次的主题

418
00:13:59,679 --> 00:14:01,279
我会尽量拆解说明

419
00:14:01,279 --> 00:14:02,100
尽可能简单明了

420
00:14:02,100 --> 00:14:02,399
好的

421
00:14:02,399 --> 00:14:03,000
这非常重要

422
00:14:03,000 --> 00:14:06,580
你需要理解SaaS相关公司的并购逻辑

423
00:14:06,580 --> 00:14:07,279
好的

424
00:14:07,279 --> 00:14:07,960
听我说

425
00:14:07,960 --> 00:14:09,159
运作方式如下

426
00:14:09,159 --> 00:14:10,320
这为何重要

427
00:14:10,320 --> 00:14:11,879
对未来数据意味着什么

428
00:14:11,879 --> 00:14:13,340
好的听我说

429
00:14:13,340 --> 00:14:14,840
像服务类公司

430
00:14:14,840 --> 00:14:17,960
现在收购armus或其他公司

431
00:14:17,960 --> 00:14:18,929
没错

432
00:14:19,370 --> 00:14:20,470
最终会发生

433
00:14:20,470 --> 00:14:21,039
是

434
00:14:21,039 --> 00:14:23,379
会产生大量并购相关费用

435
00:14:23,379 --> 00:14:23,740
没错

436
00:14:23,740 --> 00:14:28,769
这些费用会以不同方式影响财务项目

437
00:14:28,769 --> 00:14:31,309
有时可能计入管理费用

438
00:14:31,309 --> 00:14:32,210
也可能在其他项目

439
00:14:32,210 --> 00:14:32,860
没错

440
00:14:32,860 --> 00:14:34,639
也可能计入研发费用

441
00:14:34,639 --> 00:14:39,539
短期内会使开支显得激增

442
00:14:39,539 --> 00:14:43,000
并导致短期盈利能力受损

443
00:14:43,000 --> 00:14:43,259
没错

444
00:14:43,259 --> 00:14:45,100
通常会在接下来

445
00:14:45,100 --> 00:14:46,159
大约十二个月

446
00:14:46,159 --> 00:14:46,700
十八个月

447
00:14:46,700 --> 00:14:46,940
两年

448
00:14:46,940 --> 00:14:47,759
四个月对吧

449
00:14:47,759 --> 00:14:49,379
但这会引发短期问题

450
00:14:49,379 --> 00:14:53,720
此外，这些情况下有时会出现大量基于股票的补偿

451
00:14:53,720 --> 00:14:57,159
这些情况下可能会发生股东价值稀释

452
00:14:57,159 --> 00:15:00,279
这些都是你需要考虑的因素

453
00:15:00,279 --> 00:15:01,039
好的

454
00:15:01,039 --> 00:15:05,720
但这些收购带来的美好之处不仅仅是收入增长

455
00:15:05,720 --> 00:15:07,700
因为你收购了一家年收入十亿美元的公司

456
00:15:07,700 --> 00:15:08,919
通常如果你是SaaS公司

457
00:15:08,919 --> 00:15:11,669
你会收购一家快速增长的公司对吧

458
00:15:11,669 --> 00:15:16,129
这家公司远未达到长期潜力的顶峰

459
00:15:16,129 --> 00:15:17,070
但最令人惊叹的是

460
00:15:17,070 --> 00:15:21,590
最令人惊叹的是在收购公司后的两到三年内

461
00:15:21,590 --> 00:15:25,909
你通常能大幅扩展这家公司

462
00:15:25,909 --> 00:15:28,789
像ServiceNow这样的公司拥有大量客户

463
00:15:28,789 --> 00:15:36,818
你可以将新收购的产品服务卖给现有客户群

464
00:15:36,818 --> 00:15:42,068
你的收入能借助收购的新产品服务大幅增长

465
00:15:42,068 --> 00:15:44,828
在短期内

466
00:15:44,828 --> 00:15:46,308
存在很多不确定性

467
00:15:46,308 --> 00:15:47,708
而且开支增加了

468
00:15:47,708 --> 00:15:48,948
还有各种一次性费用等等

469
00:15:48,948 --> 00:15:50,078
等等对吧

470
00:15:50,078 --> 00:15:53,719
但接下来几年会迎来爆发期

471
00:15:53,719 --> 00:15:56,568
短期内是阵痛

472
00:15:56,568 --> 00:15:59,188
接下来几年则是狂欢

473
00:15:59,188 --> 00:16:00,009
好的

474
00:16:00,009 --> 00:16:01,129
希望我解释得够清楚

475
00:16:01,129 --> 00:16:02,190
尽可能简单明了

476
00:16:02,190 --> 00:16:04,190
像ServiceNow这样的公司

477
00:16:04,190 --> 00:16:05,149
像Salesforce这样的公司

478
00:16:05,149 --> 00:16:09,100
它们都有完美记录证明这一点

479
00:16:09,100 --> 00:16:11,159
收购快速增长的公司

480
00:16:11,159 --> 00:16:12,700
将其整合到公司内部

481
00:16:12,700 --> 00:16:14,620
短期内会增加大量开支

482
00:16:14,620 --> 00:16:15,799
但天啊

483
00:16:15,799 --> 00:16:18,639
说说未来几年的收入增长吧

484
00:16:18,639 --> 00:16:20,090
我们收购了股票

485
00:16:20,090 --> 00:16:24,850
实际上很多高管都在自动抛售

486
00:16:24,850 --> 00:16:28,549
你觉得还需要买多少才能摆脱

487
00:16:28,549 --> 00:16:31,849
摆脱投资者心中的熊市预期

488
00:16:31,849 --> 00:16:36,489
我认为熊市观点其实只是软件即服务公司的终值

489
00:16:36,489 --> 00:16:37,668
作为服务类公司

490
00:16:37,668 --> 00:16:39,700
与

491
00:16:39,700 --> 00:16:40,820
仅ServiceNow

492
00:16:40,820 --> 00:16:43,539
任何代表

493
00:16:43,539 --> 00:16:46,879
可能这次财报表现不如我们习惯的那么亮眼

494
00:16:46,879 --> 00:16:47,779
等等

495
00:16:47,779 --> 00:16:50,019
这只是现实情况

496
00:16:50,019 --> 00:16:50,419
你知道的

497
00:16:50,419 --> 00:16:51,639
语言模型

498
00:16:51,639 --> 00:16:53,179
这些都是优秀公司

499
00:16:53,179 --> 00:16:54,840
超大规模科技公司非常出色

500
00:16:54,840 --> 00:16:56,700
语言模型是卓越的公司

501
00:16:56,700 --> 00:16:58,620
我们昨天与gemini达成了一笔交易

502
00:16:58,620 --> 00:17:01,190
我们已与OpenAI和Anthropic达成合作

503
00:17:01,190 --> 00:17:03,710
我们将它们融入创新周期

504
00:17:03,710 --> 00:17:09,190
并整合到我们系统中确保企业AI应用得当

505
00:17:12,849 --> 00:17:14,539
我们已积累

506
00:17:14,539 --> 00:17:16,980
需要二十二年时间构建的数据

507
00:17:16,980 --> 00:17:21,890
正是这个上下文引擎让语言模型真正发挥作用

508
00:17:21,890 --> 00:17:25,150
他们知道这一点但市场可能认为

509
00:17:25,150 --> 00:17:29,009
或许我可以完全用语言模型自行构建一切

510
00:17:29,009 --> 00:17:30,369
这根本不可能

511
00:17:30,369 --> 00:17:36,009
每位CIO和CEO都会告诉你ServiceNow只需我整体支出的几分之一

512
00:17:36,009 --> 00:17:38,609
就能为我完成巨大工作量

513
00:17:38,609 --> 00:17:43,109
为何要用语言模型重建并多花十倍成本

514
00:17:43,109 --> 00:17:45,450
这根本无法比较

515
00:17:45,450 --> 00:17:49,359
但此类比较仍存在直到被证明不同

516
00:17:49,920 --> 00:17:51,779
什么能证明不同之处比尔

517
00:17:51,779 --> 00:17:53,079
你总是这么乐观

518
00:17:53,079 --> 00:17:54,960
我今天能感受到这种能量

519
00:17:54,960 --> 00:17:59,500
这种势头正被股价创纪录的暴跌所冲击

520
00:17:59,500 --> 00:18:03,559
RBC称软件市场情绪处于历史低位

521
00:18:03,559 --> 00:18:06,940
这是否改变了市场情绪

522
00:18:08,970 --> 00:18:09,569
你知道的

523
00:18:09,569 --> 00:18:12,630
领导者最强大的能力就是改变观念

524
00:18:12,630 --> 00:18:17,000
最能改变人心的是业绩表现

525
00:18:17,000 --> 00:18:21,420
这也是我充满信心重申全年指引的原因

526
00:18:21,420 --> 00:18:24,679
我将在几分钟内面对三万名观众

527
00:18:24,679 --> 00:18:28,459
激发他们执行我们的战略计划

528
00:18:28,459 --> 00:18:33,089
我们的并购将增强这家优秀企业

529
00:18:33,089 --> 00:18:36,789
这是史上最快速成长的 enterprise 软件公司

530
00:18:36,789 --> 00:18:38,509
首个突破十五亿美元营收

531
00:18:38,509 --> 00:18:41,619
将首度达到三十二亿美元

532
00:18:41,619 --> 00:18:45,619
我们期待股东与我们在内华达相聚

533
00:18:45,619 --> 00:18:48,190
几周后在拉斯维加斯

534
00:18:48,190 --> 00:18:48,829
我明白了

535
00:18:48,829 --> 00:18:53,069
或许要解释ServiceNow的中期与长期计划

536
00:18:53,069 --> 00:18:55,369
目标是未来几年将公司规模翻倍

537
00:18:55,369 --> 00:18:56,619
我们充满期待

538
00:18:56,619 --> 00:18:57,740
我们已准备就绪

539
00:18:57,740 --> 00:19:02,140
我必须淡化外界对 enterprise 软件的负面叙事

540
00:19:02,140 --> 00:19:03,509
不仅针对我们

541
00:19:03,509 --> 00:19:08,380
这些大型系统不会被语言模型取代

542
00:19:08,380 --> 00:19:11,099
它们将与大型系统形成强大互补

543
00:19:11,099 --> 00:19:12,579
但不会取代它们

544
00:19:12,579 --> 00:19:16,579
我们在企业领域深耕已久

545
00:19:16,579 --> 00:19:17,960
我深知企业运作之道

546
00:19:17,960 --> 00:19:23,769
人们需要保持信心在低迷期专注盈利

547
00:19:23,769 --> 00:19:24,289
就像现在这样

548
00:19:24,289 --> 00:19:25,769
这以前从未发生过

549
00:19:25,769 --> 00:19:27,388
所以好好把握这个机会

550
00:19:27,388 --> 00:19:28,509
好好把握这个机会

551
00:19:28,509 --> 00:19:29,308
他说得对

552
00:19:29,308 --> 00:19:29,749
好的

553
00:19:29,749 --> 00:19:30,568
所以听好了

554
00:19:30,568 --> 00:19:32,029
好的

555
00:19:32,710 --> 00:19:34,430
说到这类公司

556
00:19:34,430 --> 00:19:36,410
没错 你必须理解

557
00:19:36,410 --> 00:19:37,410
你提供数据

558
00:19:37,410 --> 00:19:38,710
持续提交结果

559
00:19:38,710 --> 00:19:41,109
最终空头会消失

560
00:19:41,109 --> 00:19:42,089
举个好例子

561
00:19:42,089 --> 00:19:43,630
现在我们讨论的是

562
00:19:43,630 --> 00:19:44,150
AMD

563
00:19:44,150 --> 00:19:46,130
整个股市最热门的股票之一

564
00:19:46,130 --> 00:19:47,130
看起来你明白

565
00:19:47,130 --> 00:19:48,170
市场大幅下跌

566
00:19:48,170 --> 00:19:50,680
今天这些股票都被重创

567
00:19:50,680 --> 00:19:51,140
没错

568
00:19:51,140 --> 00:19:52,599
AMD依然上涨

569
00:19:52,599 --> 00:19:53,920
太惊人了

570
00:19:53,920 --> 00:19:55,160
AMD

571
00:19:55,160 --> 00:19:57,079
我们现在在2026年4月

572
00:19:57,079 --> 00:20:03,309
我录这段时是2025年4月 AMD股价不到100美元

573
00:20:03,309 --> 00:20:04,130
没错

574
00:20:04,130 --> 00:20:08,819
我可以带你回顾去年4月美光科技股票

575
00:20:08,819 --> 00:20:13,598
美光股票涨至接近500美元

576
00:20:13,598 --> 00:20:18,329
美光股票我记得当时跌至

577
00:20:18,769 --> 00:20:19,710
70美元

578
00:20:19,710 --> 00:20:22,470
80美元左右对吧

579
00:20:22,829 --> 00:20:24,569
你们持续公布结果

580
00:20:24,569 --> 00:20:26,069
数据没错

581
00:20:26,069 --> 00:20:27,890
人们逐渐理解故事

582
00:20:27,890 --> 00:20:29,569
一切自然解决

583
00:20:29,569 --> 00:20:31,089
这就是ServiceNow该做的事

584
00:20:31,089 --> 00:20:31,809
这也是Salesforce

585
00:20:31,809 --> 00:20:33,210
所有这些SaaS公司

586
00:20:33,210 --> 00:20:34,089
如果它们是股票

587
00:20:34,089 --> 00:20:35,809
如果想摆脱困境

588
00:20:35,809 --> 00:20:37,369
持续交出数据

589
00:20:37,369 --> 00:20:38,949
最终空头论消亡

590
00:20:38,949 --> 00:20:40,229
最终空头会说

591
00:20:40,229 --> 00:20:41,288
你知道像

592
00:20:41,288 --> 00:20:41,749
你知道

593
00:20:41,749 --> 00:20:42,828
我们讨论这个很久了

594
00:20:42,828 --> 00:20:44,189
他们持续交出数据

595
00:20:44,189 --> 00:20:45,220
他们就放弃

596
00:20:45,220 --> 00:20:47,319
这就是需要注意的

597
00:20:47,319 --> 00:20:47,960
好的

598
00:20:47,960 --> 00:20:52,420
我们继续深入探讨软件行业的这一轮变化

599
00:20:52,420 --> 00:20:56,640
事实上市场一度显得非常反软件行业

600
00:20:56,640 --> 00:20:59,299
你认为这种情况正在好转吗

601
00:20:59,299 --> 00:21:03,869
尽管市场在这个领域仍保持谨慎选择

602
00:21:03,869 --> 00:21:05,410
多么壮观的背景

603
00:21:05,410 --> 00:21:06,109
新加坡

604
00:21:06,109 --> 00:21:08,500
我太喜欢了，太美了

605
00:21:09,059 --> 00:21:09,900
呃 不

606
00:21:09,900 --> 00:21:11,380
我认为情况并未好转

607
00:21:11,380 --> 00:21:14,279
看看IBM和服务现在财报

608
00:21:14,279 --> 00:21:15,388
今晚

609
00:21:15,388 --> 00:21:18,229
你看到资金持续流出这些股票

610
00:21:18,229 --> 00:21:22,589
所以现在我们称之为软件行业的最大担忧

611
00:21:22,589 --> 00:21:24,888
存在十重担忧

612
00:21:24,888 --> 00:21:31,969
但我们坚信AI基础设施领域充满确定性

613
00:21:31,969 --> 00:21:35,819
从内存到实体数据中心

614
00:21:35,819 --> 00:21:38,869
再到半导体和能源

615
00:21:38,869 --> 00:21:41,089
这才是确定性领域

616
00:21:41,089 --> 00:21:44,400
我们认为目前

617
00:21:44,400 --> 00:21:50,519
投资者没有充分理由重返软件板块

618
00:21:50,519 --> 00:21:53,160
除了股价暴跌

619
00:21:53,160 --> 00:21:54,589
估值变得更具吸引力

620
00:21:54,589 --> 00:21:56,690
但增长拐点尚未出现

621
00:21:56,690 --> 00:21:59,369
我们可能看到部分公司

622
00:21:59,369 --> 00:22:00,029
你知道的

623
00:22:00,029 --> 00:22:01,470
利润率停滞

624
00:22:01,470 --> 00:22:02,710
利润率下降

625
00:22:02,710 --> 00:22:06,950
在准备AI转型时收入增长持续放缓

626
00:22:06,950 --> 00:22:09,730
所有关注点都在AI基础设施

627
00:22:09,730 --> 00:22:12,799
目前我的持仓完全聚焦于此

628
00:22:12,799 --> 00:22:14,599
我很幸运能覆盖超大规模云服务商

629
00:22:14,599 --> 00:22:16,500
因此我认为微软

630
00:22:16,500 --> 00:22:16,859
亚马逊

631
00:22:16,859 --> 00:22:18,859
谷歌处于绝佳位置

632
00:22:18,859 --> 00:22:22,470
Core Weave则是我们特别看好的案例

633
00:22:22,470 --> 00:22:25,650
当投资者重返软件板块时

634
00:22:25,650 --> 00:22:27,750
他们会极其谨慎选择

635
00:22:27,750 --> 00:22:29,349
不会买入整个板块

636
00:22:29,349 --> 00:22:30,089
只会选择

637
00:22:30,089 --> 00:22:30,630
你知道的

638
00:22:30,630 --> 00:22:33,230
该板块的小部分企业

639
00:22:33,230 --> 00:22:36,509
市场情绪依然极度悲观

640
00:22:36,509 --> 00:22:43,259
当AI基础设施整体出现积极变化时

641
00:22:44,299 --> 00:22:46,559
无需改变当前判断

642
00:22:46,559 --> 00:22:49,339
软件行业正处于季节性低迷期

643
00:22:49,339 --> 00:22:52,759
许多公司需要重置战略

644
00:22:52,759 --> 00:22:55,440
抓住AI投资机遇

645
00:22:56,720 --> 00:22:57,279
听着

646
00:22:57,279 --> 00:23:01,609
何时是买入股票的最佳时机

647
00:23:01,609 --> 00:23:05,130
当你热爱某个公司或行业时

648
00:23:05,130 --> 00:23:07,430
什么时候是买入的最佳时机

649
00:23:09,390 --> 00:23:11,170
大家都看空这只股票

650
00:23:11,170 --> 00:23:12,849
那永远是最好的时机

651
00:23:12,849 --> 00:23:14,509
什么时候是买入股市的最佳时机

652
00:23:14,509 --> 00:23:17,130
当所有人都看空时

653
00:23:17,130 --> 00:23:18,410
那永远是最好的时机

654
00:23:19,450 --> 00:23:20,529
所以就像

655
00:23:20,529 --> 00:23:21,690
你知道的

656
00:23:21,690 --> 00:23:24,829
我认为这里存在巨大的机会

657
00:23:24,829 --> 00:23:25,450
你知道的

658
00:23:25,450 --> 00:23:28,410
许多这类SaaS公司比如ServiceNow和Salesforce

659
00:23:28,410 --> 00:23:29,250
对啊

660
00:23:29,250 --> 00:23:33,170
当前的市场情绪比以往任何时候都更差

661
00:23:33,170 --> 00:23:34,910
可能会变得更糟

662
00:23:34,910 --> 00:23:36,890
接下来几周可能会变得更糟

663
00:23:36,890 --> 00:23:37,490
接下来几个月

664
00:23:37,490 --> 00:23:39,069
但老天啊

665
00:23:39,549 --> 00:23:40,109
你知道的

666
00:23:40,109 --> 00:23:41,930
如果你相信这些公司

667
00:23:41,930 --> 00:23:43,170
这就是最佳买入时机

668
00:23:43,170 --> 00:23:44,750
当所有人都看空时

669
00:23:44,750 --> 00:23:46,779
当你找不到人

670
00:23:46,779 --> 00:23:47,900
鼓起勇气说

671
00:23:47,900 --> 00:23:48,940
这是一个绝佳机会

672
00:23:48,940 --> 00:23:49,259
是的

673
00:23:49,259 --> 00:23:51,119
季节性因素尚未变化

674
00:23:51,119 --> 00:23:53,420
从目前来看还没有变化

675
00:23:53,420 --> 00:23:53,980
布莱恩

676
00:23:53,980 --> 00:23:56,619
什么会改变这种状况

677
00:23:56,619 --> 00:23:57,119
是的

678
00:23:57,119 --> 00:23:59,180
我认为许多人会同意

679
00:23:59,180 --> 00:24:02,480
即使软件领域出现复苏

680
00:24:02,480 --> 00:24:04,839
人们会变得非常挑剔

681
00:24:04,839 --> 00:24:08,079
并给出一些相关公司名称

682
00:24:08,079 --> 00:24:11,509
真正让市场醒悟的因素是什么

683
00:24:11,509 --> 00:24:15,549
推动软件行业复苏的动力

684
00:24:15,549 --> 00:24:15,750
我说

685
00:24:15,750 --> 00:24:18,930
你还认为需要考虑这个吗

686
00:24:18,930 --> 00:24:19,509
嗯

687
00:24:19,509 --> 00:24:22,630
我们仍需考虑估值理由

688
00:24:22,630 --> 00:24:26,150
现有企业的粘性优势

689
00:24:27,809 --> 00:24:30,910
软件行业的复苏将由

690
00:24:30,910 --> 00:24:33,650
首先由Anthropic和OpenAI上市驱动

691
00:24:33,650 --> 00:24:34,990
首要担忧

692
00:24:34,990 --> 00:24:40,109
在与投资者会面时，Anthropic和OpenAI是否会摧毁软件行业

693
00:24:40,109 --> 00:24:41,630
第二大因素是CapEx

694
00:24:41,630 --> 00:24:45,910
整个行业7000亿美元的资本支出

695
00:24:45,910 --> 00:24:48,109
超大规模企业将

696
00:24:48,109 --> 00:24:51,130
你知道基本上超过

697
00:24:51,130 --> 00:24:51,730
你知道确实

698
00:24:51,730 --> 00:24:54,849
未来几年将超过一万亿

699
00:24:54,849 --> 00:24:56,490
为什么要买软件呢

700
00:24:56,490 --> 00:24:57,470
你会买内存

701
00:24:57,470 --> 00:24:59,190
你会买硬盘驱动器

702
00:24:59,190 --> 00:25:00,729
你会购买基础设施

703
00:25:00,729 --> 00:25:01,588
购买房地产

704
00:25:01,588 --> 00:25:03,028
你会购买所有需要的东西

705
00:25:03,028 --> 00:25:07,410
你可以通过这些资源进入AI基础设施领域

706
00:25:07,410 --> 00:25:07,730
比如

707
00:25:07,730 --> 00:25:09,470
为什么要浪费时间在价值

708
00:25:09,470 --> 00:25:10,430
正如我所说的

709
00:25:10,430 --> 00:25:11,299
我是艺术

710
00:25:11,299 --> 00:25:12,920
我在做艺术品经销商生意

711
00:25:12,920 --> 00:25:15,199
软件就像被挂在墙上

712
00:25:15,199 --> 00:25:16,818
当建筑建成时

713
00:25:16,818 --> 00:25:19,239
AI所需的建筑甚至还没建成

714
00:25:19,239 --> 00:25:21,579
所以你想拥有工具和铲子

715
00:25:21,579 --> 00:25:26,430
因此我认为现在存在OpenAI和Anthropic的问题

716
00:25:26,430 --> 00:25:27,849
还有资本支出问题

717
00:25:27,849 --> 00:25:32,769
我70%的软件覆盖范围是增长放缓

718
00:25:32,769 --> 00:25:34,130
没有拐点出现

719
00:25:34,130 --> 00:25:35,210
以AMD为例

720
00:25:35,210 --> 00:25:35,910
他们指引了三

721
00:25:35,910 --> 00:25:38,309
未来三年或四年的5%增长

722
00:25:38,309 --> 00:25:41,339
Agger最多增长10%

723
00:25:41,339 --> 00:25:43,059
所以是三倍增长

724
00:25:43,059 --> 00:25:44,559
AMD的增长率

725
00:25:44,559 --> 00:25:47,308
看看Vidious的数据中心业务

726
00:25:47,308 --> 00:25:48,509
随便选个数字

727
00:25:48,509 --> 00:25:51,240
所有这些数字都在发生巨大拐点

728
00:25:51,240 --> 00:25:53,339
能源领域拐点显著

729
00:25:53,339 --> 00:25:54,819
软件领域没有拐点

730
00:25:54,819 --> 00:25:56,039
正在放缓

731
00:25:56,039 --> 00:25:58,339
为什么要买正在放缓的行业

732
00:25:58,339 --> 00:26:02,619
而你可以持有90%的其他正在拐点的科技领域

733
00:26:02,619 --> 00:26:07,500
因此我认为现在不是软件不好

734
00:26:07,500 --> 00:26:11,009
而是有更好的机会

735
00:26:11,009 --> 00:26:12,670
正在这些拐点领域发生

736
00:26:12,670 --> 00:26:16,519
所有即将迎来

737
00:26:16,519 --> 00:26:17,599
AI的各类别

738
00:26:17,599 --> 00:26:18,420
软件将会

739
00:26:18,420 --> 00:26:19,990
正如我们所说处于后期阶段

740
00:26:19,990 --> 00:26:23,569
我们认同Jensen在NVIDIA的观点

741
00:26:23,569 --> 00:26:27,539
认为软件不会受益是不合逻辑的

742
00:26:27,539 --> 00:26:28,460
它会受益

743
00:26:28,460 --> 00:26:29,839
但尚未显现

744
00:26:29,839 --> 00:26:31,630
也没有拐点出现

745
00:26:31,630 --> 00:26:33,210
这就是数据

746
00:26:33,210 --> 00:26:34,730
大家都在高谈阔论

747
00:26:34,730 --> 00:26:36,869
但我的领域尚未看到

748
00:26:36,869 --> 00:26:39,329
因此它让投资者远离我的行业

749
00:26:39,329 --> 00:26:41,170
让投资者留在其他领域

750
00:26:41,170 --> 00:26:45,749
而我认为这就是我们对软件行业持减持的观点

751
00:26:45,749 --> 00:26:49,069
并对科技其他领域持增持看法

752
00:26:49,069 --> 00:26:51,089
并将逐步轮动回流

753
00:26:51,089 --> 00:26:52,289
但我们仍需观察

754
00:26:52,289 --> 00:26:53,549
你知道的

755
00:26:53,549 --> 00:26:55,409
五件事会发生

756
00:26:55,409 --> 00:26:57,169
并非之前单一事件

757
00:26:57,169 --> 00:26:58,989
你将看到资金回流

758
00:26:58,989 --> 00:27:00,808
你甚至看到盘后交易

759
00:27:00,808 --> 00:27:01,368
大幅抛售

760
00:27:01,368 --> 00:27:02,599
IBM股价暴跌

761
00:27:02,599 --> 00:27:04,480
我会投身软件业务

762
00:27:04,480 --> 00:27:05,779
每隔一段时间

763
00:27:05,779 --> 00:27:07,220
错过耳语传闻

764
00:27:07,220 --> 00:27:09,750
因此我们看到类似情况

765
00:27:10,109 --> 00:27:15,910
正如两家顶级科技公司今晚所言

766
00:27:17,319 --> 00:27:19,740
因此投资者需区分策略

767
00:27:19,740 --> 00:27:21,000
你愿聚焦短期

768
00:27:21,000 --> 00:27:22,279
还是长期布局

769
00:27:22,279 --> 00:27:26,460
没错，他谈论的多是短期情绪

770
00:27:26,490 --> 00:27:29,289
没错，这回归到市场情绪

771
00:27:29,289 --> 00:27:31,069
当前市场情绪有多低迷

772
00:27:31,069 --> 00:27:33,240
情绪波动频繁

773
00:27:33,319 --> 00:27:34,160
所以

774
00:27:34,160 --> 00:27:36,480
你知道三个月前

775
00:27:36,480 --> 00:27:38,279
股市情绪有多差

776
00:27:38,279 --> 00:27:38,559
哦

777
00:27:38,559 --> 00:27:40,519
天啊当时就是这样

778
00:27:40,519 --> 00:27:45,240
而昨日股市创历史新高

779
00:27:45,240 --> 00:27:46,740
情绪随时变化

780
00:27:46,740 --> 00:27:48,500
股市情绪波动

781
00:27:48,500 --> 00:27:50,079
各板块情绪变动

782
00:27:50,079 --> 00:27:55,799
现在所有人都对SaaS极度看空

783
00:27:55,799 --> 00:27:58,329
十二个月后可能转为中性

784
00:27:58,329 --> 00:28:00,230
再过一年可能转为看涨

785
00:28:00,230 --> 00:28:00,589
对

786
00:28:00,589 --> 00:28:01,029
你知道的

787
00:28:01,029 --> 00:28:05,869
股价往往在情绪回暖前启动

788
00:28:05,869 --> 00:28:07,950
与股市无异

789
00:28:07,950 --> 00:28:10,009
股价提前于情绪回暖

790
00:28:10,009 --> 00:28:12,730
股市刚创历史新高

791
00:28:12,730 --> 00:28:14,150
但情绪并未改善

792
00:28:14,150 --> 00:28:16,410
最新AI投资者数据仍显示

793
00:28:16,410 --> 00:28:18,329
我昨日查看主频道

794
00:28:18,329 --> 00:28:19,210
我们当时

795
00:28:19,210 --> 00:28:19,569
我认为

796
00:28:19,569 --> 00:28:19,890
呃

797
00:28:19,890 --> 00:28:22,750
仅3.4%的投资者看空股市

798
00:28:22,750 --> 00:28:24,009
接下来你就会知道

799
00:28:24,009 --> 00:28:25,069
六个月

800
00:28:25,069 --> 00:28:26,230
所以你知道

801
00:28:26,230 --> 00:28:29,039
情绪促使他四处活动

802
00:28:29,039 --> 00:28:29,640
是的

803
00:28:29,640 --> 00:28:30,160
我的意思是

804
00:28:30,160 --> 00:28:32,140
攀越十面忧虑之墙

805
00:28:32,140 --> 00:28:34,640
比单面墙难得多

806
00:28:34,640 --> 00:28:42,059
但听起来你仍在等待软件行业触底

807
00:28:42,059 --> 00:28:46,529
当我们走出那个阶段

808
00:28:46,529 --> 00:28:48,430
你在笔记中显得看涨

809
00:28:48,430 --> 00:28:50,289
你在谈论微软

810
00:28:50,289 --> 00:28:50,910
亚马逊

811
00:28:50,910 --> 00:28:52,210
谷歌和核心

812
00:28:52,210 --> 00:28:52,769
Weave

813
00:28:52,769 --> 00:28:56,789
如何看待软件股的正确心态

814
00:28:56,789 --> 00:29:01,730
你为何要列出这些看涨标的

815
00:29:02,660 --> 00:29:03,160
是的

816
00:29:03,160 --> 00:29:05,339
在软件领域我们已行动

817
00:29:05,339 --> 00:29:06,920
我们超配了基建板块

818
00:29:06,920 --> 00:29:08,140
想想Cord

819
00:29:08,140 --> 00:29:12,619
我们正在为Meta、微软、谷歌搭建基建

820
00:29:12,619 --> 00:29:14,480
他们无法独自完成

821
00:29:14,480 --> 00:29:16,420
核心Weave在协助建设

822
00:29:16,420 --> 00:29:18,220
想想超大规模数据中心

823
00:29:18,220 --> 00:29:19,730
亚马逊、微软、谷歌

824
00:29:19,730 --> 00:29:20,930
它们处于绝佳位置

825
00:29:20,930 --> 00:29:21,549
不管怎样

826
00:29:21,549 --> 00:29:23,210
无论AI应用出现在何处

827
00:29:23,210 --> 00:29:26,599
都需要基础设施生存运转

828
00:29:26,599 --> 00:29:29,799
这些公司处境极佳

829
00:29:29,799 --> 00:29:31,759
以Snowflake为例

830
00:29:31,759 --> 00:29:37,089
需要分析数据并做出智能决策

831
00:29:37,089 --> 00:29:39,230
我们认为Snowflake前景良好

832
00:29:39,230 --> 00:29:41,469
基础设施软件公司

833
00:29:41,469 --> 00:29:43,828
在我看来是首要领域

834
00:29:43,828 --> 00:29:47,068
应更多配置资金

835
00:29:47,068 --> 00:29:49,349
第二是网络安全

836
00:29:49,349 --> 00:29:51,529
假设投资者正确

837
00:29:51,529 --> 00:29:52,490
是OpenAI

838
00:29:52,490 --> 00:29:54,569
五年后的新世界

839
00:29:54,569 --> 00:29:55,949
这两家公司

840
00:29:55,949 --> 00:29:57,169
你知道的

841
00:29:57,169 --> 00:29:59,328
加上全球其他企业

842
00:29:59,328 --> 00:30:02,089
假设全球有四到五家AI巨头

843
00:30:02,089 --> 00:30:03,130
它们不会

844
00:30:03,130 --> 00:30:04,930
不会依赖它们做网络安全

845
00:30:04,930 --> 00:30:08,569
会依赖其他网络安全

846
00:30:08,569 --> 00:30:10,529
为什么不呢

847
00:30:10,529 --> 00:30:11,150
哦不

848
00:30:11,150 --> 00:30:12,750
他们可以做任何事情

849
00:30:12,750 --> 00:30:16,308
我能做一切克隆能做到的一切

850
00:30:16,308 --> 00:30:16,989
呃

851
00:30:16,989 --> 00:30:17,729
你知道吉姆

852
00:30:17,729 --> 00:30:18,568
而我可以做一切

853
00:30:18,568 --> 00:30:19,638
为什么不行

854
00:30:19,638 --> 00:30:20,318
我喜欢

855
00:30:20,318 --> 00:30:20,598
你知道的

856
00:30:20,598 --> 00:30:22,338
如果我们想把它带到偏执的地步

857
00:30:22,338 --> 00:30:24,529
就像我们可以直接相信它能做一切

858
00:30:24,529 --> 00:30:25,349
世界上的一切

859
00:30:25,349 --> 00:30:26,049
天啊

860
00:30:26,049 --> 00:30:29,789
没错，实际上他们用人类中心主义展示了一些东西

861
00:30:29,789 --> 00:30:30,589
至少在

862
00:30:30,589 --> 00:30:31,130
你知道的

863
00:30:31,130 --> 00:30:34,630
在安全和发现漏洞等方面展现出惊人的能力

864
00:30:34,630 --> 00:30:35,539
所以你知道

865
00:30:35,539 --> 00:30:38,279
如果我们假设它们能真正做任何事情

866
00:30:38,279 --> 00:30:40,759
然后做得更好且更便宜

867
00:30:40,759 --> 00:30:42,240
如果你想带入那些领域

868
00:30:42,240 --> 00:30:43,339
就像全盘接受

869
00:30:43,339 --> 00:30:44,380
然后你知道

870
00:30:44,380 --> 00:30:45,299
接下来这里

871
00:30:45,299 --> 00:30:45,799
元

872
00:30:45,799 --> 00:30:51,829
这些超大规模公司投入的巨额资本支出

873
00:30:51,829 --> 00:30:53,539
这对元意味着什么

874
00:30:53,539 --> 00:30:53,880
是的

875
00:30:53,880 --> 00:30:55,220
你们总结得太到位了

876
00:30:55,220 --> 00:31:00,079
优先投资基础设施而非人力成本

877
00:31:00,079 --> 00:31:01,839
这一点已被报道

878
00:31:01,839 --> 00:31:04,240
因此股票可能出现小幅回调

879
00:31:04,240 --> 00:31:05,440
新闻的市场反应

880
00:31:05,440 --> 00:31:07,259
当头条新闻出现时

881
00:31:07,259 --> 00:31:08,660
我们下跌了2.5%

882
00:31:08,660 --> 00:31:11,259
算法交易加剧了这些跌幅

883
00:31:11,259 --> 00:31:13,190
现在又下跌了2.5%

884
00:31:13,190 --> 00:31:14,630
裁员效果显著

885
00:31:14,630 --> 00:31:15,910
五月二十日

886
00:31:15,910 --> 00:31:16,589
你知道的

887
00:31:16,589 --> 00:31:18,450
这里存在会计因素

888
00:31:18,450 --> 00:31:22,808
因为元需要支付被裁员工

889
00:31:22,808 --> 00:31:25,189
被裁人员十六周的遣散费

890
00:31:25,189 --> 00:31:26,849
生效日期为五月二十日

891
00:31:26,849 --> 00:31:27,490
嗯

892
00:31:27,490 --> 00:31:28,349
但请记住

893
00:31:28,349 --> 00:31:28,690
你知道的

894
00:31:28,690 --> 00:31:32,829
政治层面的故事是扎克伯格与美国总统同台

895
00:31:32,829 --> 00:31:33,130
说道

896
00:31:33,130 --> 00:31:33,589
哦

897
00:31:33,589 --> 00:31:37,990
我将在美国内投资六百亿美元

898
00:31:38,150 --> 00:31:42,670
在三年内重新振兴国家的AI基础设施

899
00:31:42,670 --> 00:31:46,319
这就是故事的政治层面

900
00:31:46,319 --> 00:31:51,039
但今年他们的资本支出承诺规模巨大

901
00:31:52,059 --> 00:31:55,619
当然乔也提到了其他超大规模公司

902
00:31:55,619 --> 00:31:56,819
不仅仅是Meta

903
00:31:56,819 --> 00:31:58,039
我们在这个方面有新消息

904
00:31:58,039 --> 00:31:58,500
呃

905
00:31:58,500 --> 00:31:58,740
今天

906
00:31:58,740 --> 00:32:00,430
正如我们所知，此前有报道

907
00:32:00,430 --> 00:32:03,789
微软正在向约7%的员工提供买断

908
00:32:03,789 --> 00:32:05,929
这和这里的情况是否完全相同

909
00:32:05,929 --> 00:32:08,888
或者Meta是否存在特殊考量

910
00:32:08,888 --> 00:32:09,429
特别是

911
00:32:09,429 --> 00:32:09,749
嗯

912
00:32:09,749 --> 00:32:13,240
微软采取的方式存在特殊性

913
00:32:13,240 --> 00:32:16,039
向7%的员工提供买断方案

914
00:32:16,039 --> 00:32:16,799
不同的数字

915
00:32:16,799 --> 00:32:21,059
同时采用不同机制推动自愿退休

916
00:32:21,059 --> 00:32:21,680
呃

917
00:32:21,680 --> 00:32:23,319
操作方式

918
00:32:23,319 --> 00:32:25,630
通过这种方式长期缩减人员

919
00:32:25,630 --> 00:32:26,170
嗯

920
00:32:26,170 --> 00:32:30,150
但仍在谈论美国数千名员工

921
00:32:30,150 --> 00:32:31,710
关于这一报道

922
00:32:31,710 --> 00:32:34,180
据彭博社消息

923
00:32:34,180 --> 00:32:36,539
微软有12.5万名员工

924
00:32:36,539 --> 00:32:37,400
再次

925
00:32:37,400 --> 00:32:38,220
相似规模

926
00:32:38,220 --> 00:32:41,150
约8000至9000名员工

927
00:32:41,150 --> 00:32:41,690
嗯

928
00:32:41,690 --> 00:32:44,769
微软的资本支出承诺同样巨大

929
00:32:44,769 --> 00:32:47,430
而当我们谈论这一点时

930
00:32:47,430 --> 00:32:50,529
当我们提到资本支出时

931
00:32:50,529 --> 00:32:53,210
指的是前期

932
00:32:53,210 --> 00:33:01,119
为采购最新芯片和建设数据中心基础设施投入的费用承诺，用于开发或运行

933
00:33:01,119 --> 00:33:04,660
AI 实际上就那么简单

934
00:33:04,660 --> 00:33:09,369
长期来看的故事是

935
00:33:09,369 --> 00:33:11,609
投资者真的在为此欢呼吗

936
00:33:11,609 --> 00:33:12,809
但你们也知道

937
00:33:12,809 --> 00:33:14,940
华尔街也喜欢双面下注

938
00:33:14,940 --> 00:33:16,579
他们希望看到

939
00:33:16,579 --> 00:33:18,440
相反方向的举措

940
00:33:18,440 --> 00:33:19,880
财务纪律性

941
00:33:19,880 --> 00:33:23,059
通常通过裁员体现

942
00:33:23,059 --> 00:33:23,440
啊

943
00:33:23,440 --> 00:33:24,539
这应该叫妥协

944
00:33:24,539 --> 00:33:27,140
这对士气意味着什么

945
00:33:27,140 --> 00:33:31,750
在构建下一次工业革命的公司

946
00:33:31,750 --> 00:33:32,430
天啊

947
00:33:32,430 --> 00:33:33,200
你们明白的

948
00:33:33,200 --> 00:33:34,599
自从元宇宙故事破裂后

949
00:33:34,599 --> 00:33:37,099
我还没机会与公司内任何人交谈

950
00:33:37,099 --> 00:33:37,599
嗯

951
00:33:37,599 --> 00:33:41,430
我知道路透社报道了Meta裁员即将来临

952
00:33:41,430 --> 00:33:41,930
基于

953
00:33:41,930 --> 00:33:44,079
现在已确认的信息相当准确

954
00:33:44,079 --> 00:33:47,039
另一种角度看这是硅谷的故事

955
00:33:47,039 --> 00:33:51,480
当大规模裁员或自愿离职发生时

956
00:33:51,480 --> 00:33:52,409
退休潮

957
00:33:52,409 --> 00:33:57,489
会造就一批拥有时间与经验的人

958
00:33:57,489 --> 00:33:59,859
这些人往往创立新公司

959
00:33:59,859 --> 00:34:01,319
或投资其他企业

960
00:34:01,319 --> 00:34:04,779
这就是我看待这个故事的方式

961
00:34:04,779 --> 00:34:06,500
但士气也可能变得困难

962
00:34:06,500 --> 00:34:09,059
在首席人事官的备忘录中

963
00:34:09,059 --> 00:34:09,699
你知道的

964
00:34:09,699 --> 00:34:12,699
显然大家都不愿听到这样的消息

965
00:34:12,699 --> 00:34:13,300
但

966
00:34:13,300 --> 00:34:13,840
嗯

967
00:34:13,840 --> 00:34:14,300
是的

968
00:34:14,300 --> 00:34:15,980
我看到积极的一面

969
00:34:15,980 --> 00:34:18,019
许多人也是如此

970
00:34:18,019 --> 00:34:19,280
这真的很令人着迷

971
00:34:19,280 --> 00:34:19,739
你知道的

972
00:34:19,739 --> 00:34:21,219
想想硅谷

973
00:34:21,219 --> 00:34:25,079
想想软件工程师

974
00:34:25,079 --> 00:34:25,619
没错

975
00:34:25,619 --> 00:34:26,760
听着

976
00:34:26,760 --> 00:34:27,778
这些人曾经历一段辉煌期

977
00:34:27,778 --> 00:34:29,829
他们确实经历过高速发展

978
00:34:29,829 --> 00:34:30,989
真的需要全力冲刺

979
00:34:30,989 --> 00:34:31,188
比如

980
00:34:31,188 --> 00:34:32,268
你身处软件工程领域

981
00:34:32,268 --> 00:34:34,009
曾有一段时间快速发展

982
00:34:34,009 --> 00:34:36,630
能几乎要求任何薪资

983
00:34:36,630 --> 00:34:37,130
嗯

984
00:34:37,130 --> 00:34:38,550
薪资高得离谱

985
00:34:38,550 --> 00:34:39,230
奖金

986
00:34:39,230 --> 00:34:39,980
你知道的

987
00:34:39,980 --> 00:34:42,380
总薪酬包高得惊人

988
00:34:42,380 --> 00:34:42,900
这些

989
00:34:42,900 --> 00:34:43,380
你知道的

990
00:34:43,380 --> 00:34:44,320
基于股票的薪酬

991
00:34:44,320 --> 00:34:45,300
你获得的

992
00:34:45,300 --> 00:34:48,119
确实享受了全盛时期

993
00:34:48,119 --> 00:34:50,559
直到2022年

994
00:34:50,559 --> 00:34:52,389
你确实有过一段辉煌期

995
00:34:52,389 --> 00:34:54,449
但自从2022年之后

996
00:34:54,449 --> 00:34:56,730
发生了末日般的事件

997
00:34:56,730 --> 00:34:58,690
Meta股价暴跌超70%

998
00:34:58,690 --> 00:34:59,409
就像你知道的

999
00:34:59,409 --> 00:35:01,769
2022年科技领域的一切都被彻底颠覆了

1000
00:35:01,769 --> 00:35:03,670
没错，那已经是终点了

1001
00:35:04,030 --> 00:35:04,949
那就是关键转折点

1002
00:35:04,949 --> 00:35:07,438
于是事情开始变得越来越难

1003
00:35:07,438 --> 00:35:09,539
你逐渐变成了普通商品

1004
00:35:09,539 --> 00:35:11,438
我认为这种情况可能会持续多年

1005
00:35:11,438 --> 00:35:12,239
在未来的发展中

1006
00:35:12,239 --> 00:35:12,739
没错

1007
00:35:12,739 --> 00:35:15,400
作为软件工程师

1008
00:35:15,400 --> 00:35:16,119
你知道的

1009
00:35:16,119 --> 00:35:17,320
或者这个行业中的任何事物

1010
00:35:17,320 --> 00:35:20,380
你只会随着时间慢慢被商品化

1011
00:35:20,380 --> 00:35:23,639
没错，这就是现实

1012
00:35:25,750 --> 00:35:27,570
周期与员工的命运同步

1013
00:35:27,570 --> 00:35:28,130
不过

1014
00:35:28,130 --> 00:35:33,438
我要说的就是，在北达科他州

1015
00:35:33,438 --> 00:35:36,018
他们只需要有脉搏的人去那里工作

1016
00:35:36,018 --> 00:35:37,478
去开采石油

1017
00:35:37,478 --> 00:35:40,519
你可以轻松赚到六位数甚至更多

1018
00:35:40,519 --> 00:35:42,059
六位数收入没错

1019
00:35:42,059 --> 00:35:45,719
后来情况逐渐稳定下来

1020
00:35:45,719 --> 00:35:47,260
工资水平也回归正常

1021
00:35:47,260 --> 00:35:50,619
所以那时你并不掌握太多话语权

1022
00:35:50,619 --> 00:35:52,820
你可以将这种状态延续到整个

1023
00:35:52,820 --> 00:35:53,340
你知道的

1024
00:35:53,340 --> 00:35:54,440
过去一百多年

1025
00:35:54,440 --> 00:35:55,000
至少

1026
00:35:55,000 --> 00:35:58,320
看看一波又一波的浪潮

1027
00:35:58,320 --> 00:36:00,719
你能暂时维持优势一段时间

1028
00:36:00,719 --> 00:36:07,398
但随着时间推移，岗位逐渐消失，工资被商品化

1029
00:36:07,398 --> 00:36:08,760
嗯

1030
00:36:09,039 --> 00:36:10,280
这就是现实情况

1031
00:36:10,280 --> 00:36:11,119
我不知道还能说什么

1032
00:36:11,119 --> 00:36:12,039
这就是现状

1033
00:36:12,039 --> 00:36:15,320
各行各业都在经历这个过程

1034
00:36:15,320 --> 00:36:15,719
我说

1035
00:36:15,719 --> 00:36:17,469
我想过去某个时期

1036
00:36:17,469 --> 00:36:20,369
很久很久以前

1037
00:36:20,369 --> 00:36:22,449
你知道当时当超市收银员就能赚很多钱

1038
00:36:22,449 --> 00:36:24,929
没错，而在

1039
00:36:24,929 --> 00:36:26,190
右嗯

1040
00:36:26,190 --> 00:36:26,789
你知道的

1041
00:36:26,789 --> 00:36:28,469
最近几十年

1042
00:36:28,469 --> 00:36:30,269
这属于非常基础的岗位

1043
00:36:30,269 --> 00:36:32,320
所以

1044
00:36:32,320 --> 00:36:33,199
这就是现实

1045
00:36:33,199 --> 00:36:33,480
所以

1046
00:36:33,480 --> 00:36:33,840
总之

1047
00:36:33,840 --> 00:36:35,300
好了各位，感谢大家一如既往的支持

1048
00:36:35,300 --> 00:36:36,500
非常感谢大家的到来

1049
00:36:36,500 --> 00:36:37,500
说到元宇宙

1050
00:36:37,500 --> 00:36:38,579
大家当然都知道这是个很棒的公司

1051
00:36:38,579 --> 00:36:39,199
长期来看

1052
00:36:39,199 --> 00:36:39,840
其实只是

1053
00:36:39,840 --> 00:36:40,179
你知道的

1054
00:36:40,179 --> 00:36:41,820
我觉得就像很多科技股一样

1055
00:36:41,820 --> 00:36:42,920
它们处境艰难

1056
00:36:42,920 --> 00:36:44,980
现在的科技股行情一团糟

1057
00:36:44,980 --> 00:36:46,159
这就是底线

1058
00:36:46,159 --> 00:36:47,568
我们SaaS行业一团乱

1059
00:36:47,568 --> 00:36:49,148
我们必须挑战大公司

1060
00:36:49,148 --> 00:36:49,648
没错

1061
00:36:49,648 --> 00:36:50,849
它们能抓住势头

1062
00:36:50,849 --> 00:36:51,809
Meta、亚马逊

1063
00:36:51,809 --> 00:36:52,668
谷歌这些公司

1064
00:36:52,668 --> 00:36:53,688
它们能抓住势头

1065
00:36:53,688 --> 00:36:54,809
但随后又变得混乱

1066
00:36:54,809 --> 00:36:56,750
人们开始质疑啊

1067
00:36:56,750 --> 00:36:57,650
就是这样对吧

1068
00:36:57,650 --> 00:37:00,429
英伟达过去一年左右一直很混乱

1069
00:37:00,429 --> 00:37:02,809
每次你开始对数据感到兴奋

1070
00:37:02,809 --> 00:37:03,909
人们就开始谈论

1071
00:37:03,909 --> 00:37:05,690
或许数据会有所回落

1072
00:37:05,690 --> 00:37:07,010
微软一直是热门标的

1073
00:37:07,010 --> 00:37:09,190
但这一趋势也开始失去动力

1074
00:37:09,190 --> 00:37:10,510
至少在我看来

1075
00:37:10,510 --> 00:37:12,659
因为现在人们开始质疑

1076
00:37:12,659 --> 00:37:13,059
是的

1077
00:37:13,059 --> 00:37:14,820
我们知道今年的数据会非常惊人

1078
00:37:14,820 --> 00:37:15,780
明年会更出色

1079
00:37:15,780 --> 00:37:18,920
但之后或许数据会下降

1080
00:37:18,920 --> 00:37:21,690
当增长开始停滞时

1081
00:37:21,690 --> 00:37:23,489
利润率也会受冲击

1082
00:37:23,489 --> 00:37:25,849
整体科技股行情混乱

1083
00:37:25,849 --> 00:37:28,400
现在看看像Palantir这样的股票

1084
00:37:28,400 --> 00:37:30,260
估值大幅下跌

1085
00:37:30,260 --> 00:37:32,280
我们查看今日私募集团的两年期市盈率

1086
00:37:32,280 --> 00:37:33,719
我认为已降至约五十左右

1087
00:37:33,719 --> 00:37:35,179
这还不算太糟

1088
00:37:35,179 --> 00:37:39,769
但在这种市场环境下，人们是否愿意支付50倍以上的两年期市盈率

1089
00:37:39,769 --> 00:37:40,869
这仍存疑

1090
00:37:40,869 --> 00:37:41,349
没错

1091
00:37:41,349 --> 00:37:45,378
所以整个市场充斥着混乱

1092
00:37:45,378 --> 00:37:46,298
看看像苹果这样的公司

1093
00:37:46,298 --> 00:37:47,539
苹果也可能面临同样的问题

1094
00:37:47,539 --> 00:37:48,418
它们在

1095
00:37:48,418 --> 00:37:48,659
AI领域

1096
00:37:48,659 --> 00:37:49,159
投入不大

1097
00:37:49,159 --> 00:37:50,639
这确实很明智

1098
00:37:50,639 --> 00:37:53,980
但归根结底，人们会认为他们被抛在了后面

1099
00:37:53,980 --> 00:37:55,710
所以情况一团糟

1100
00:37:55,710 --> 00:37:56,409
网飞

1101
00:37:56,409 --> 00:37:58,409
网飞在这里看起来相当有吸引力

1102
00:37:58,409 --> 00:37:59,369
但人们会说

1103
00:37:59,369 --> 00:38:00,150
只是永远

1104
00:38:00,150 --> 00:38:04,590
科技领域的一切似乎都有某种看空因素

1105
00:38:04,590 --> 00:38:06,170
某种负面情绪

1106
00:38:06,170 --> 00:38:11,650
现在很难在科技股中找到干净的股票

1107
00:38:11,650 --> 00:38:14,010
除了那一个

1108
00:38:14,010 --> 00:38:15,889
只有amd

1109
00:38:15,889 --> 00:38:17,108
真的只有那个

1110
00:38:17,108 --> 00:38:19,909
因为你看它到2030年

1111
00:38:19,909 --> 00:38:22,840
你知道收入增长将无比惊人

1112
00:38:22,840 --> 00:38:25,519
利润率将大幅提升盈利能力

1113
00:38:25,519 --> 00:38:26,059
说实话

1114
00:38:26,059 --> 00:38:29,480
我觉得看所有这些大科技股

1115
00:38:29,480 --> 00:38:31,380
唯一干净的股票

1116
00:38:31,380 --> 00:38:35,619
唯一干净的就是amd

1117
00:38:36,019 --> 00:38:37,900
我持有这些股票中的几只

1118
00:38:37,900 --> 00:38:38,500
我持有谷歌

1119
00:38:38,500 --> 00:38:39,659
我持有亚马逊

1120
00:38:39,659 --> 00:38:41,079
我持有meta

1121
00:38:41,079 --> 00:38:43,260
我以前持有特斯拉

1122
00:38:43,260 --> 00:38:44,659
我持有shopify

1123
00:38:44,659 --> 00:38:45,639
我持有adobe

1124
00:38:45,639 --> 00:38:46,840
我持有呃

1125
00:38:46,840 --> 00:38:47,280
Salesforce

1126
00:38:47,280 --> 00:38:48,880
我持有service now没错

1127
00:38:48,880 --> 00:38:50,159
这些显然是较新的

1128
00:38:50,159 --> 00:38:50,719
在我看来

1129
00:38:50,719 --> 00:38:51,519
这些saas股票

1130
00:38:51,519 --> 00:38:53,920
而我持有的那些股票有些像拥有百年历史

1131
00:38:53,920 --> 00:38:55,179
比如meta和亚马逊

1132
00:38:55,179 --> 00:38:55,500
没错

1133
00:38:55,500 --> 00:38:56,909
但听我说

1134
00:38:56,909 --> 00:38:59,369
所有股票中唯一干净的

1135
00:38:59,369 --> 00:39:00,349
就是amd

1136
00:39:00,349 --> 00:39:02,090
只有那个

1137
00:39:02,090 --> 00:39:03,690
如果你想知道为什么

1138
00:39:03,690 --> 00:39:05,329
股价持续上涨动能

1139
00:39:05,329 --> 00:39:07,010
因为唯一干净的科技股是amd

1140
00:39:07,010 --> 00:39:08,070
如果你要投资

1141
00:39:08,070 --> 00:39:10,510
记住很多人过于关注短期

1142
00:39:10,510 --> 00:39:12,650
你只有一个选择

1143
00:39:12,650 --> 00:39:14,050
拥有干净的故事

1144
00:39:14,050 --> 00:39:16,568
它在两年内仍保持干净故事

1145
00:39:16,568 --> 00:39:18,800
但这就是关键点

1146
00:39:18,800 --> 00:39:19,940
各位一如既往感谢参与

1147
00:39:19,940 --> 00:39:21,079
再次感谢大家的到来

1148
00:39:21,079 --> 00:39:22,699
如果你想应用自己的预处理股票组

1149
00:39:22,699 --> 00:39:24,480
获取所有课程大纲的访问权限

1150
00:39:24,480 --> 00:39:25,619
比如成为股票市场大师

1151
00:39:25,619 --> 00:39:26,590
百万富翁操作手册

1152
00:39:26,590 --> 00:39:27,710
股票期权精通课程

1153
00:39:27,710 --> 00:39:28,630
不同投资策略精通

1154
00:39:28,630 --> 00:39:29,789
财务报表精通课程

1155
00:39:29,789 --> 00:39:31,349
我的估值精通课程

1156
00:39:31,349 --> 00:39:32,829
如果你想获取千倍股票

1157
00:39:32,829 --> 00:39:33,230
互联网公司

1158
00:39:33,230 --> 00:39:33,909
私人Discord群组

1159
00:39:33,909 --> 00:39:35,309
观看独家每周视频

1160
00:39:35,309 --> 00:39:35,750
见证市场动向

1161
00:39:35,750 --> 00:39:37,230
我现在在下方做了置顶评论

1162
00:39:37,230 --> 00:39:38,340
点击填写表单

1163
00:39:38,340 --> 00:39:41,489
本周或下周将授予你访问权限

1164
00:39:41,489 --> 00:39:44,269
然后我们会将钢制会员卡寄到你家

1165
00:39:44,269 --> 00:39:45,619
祝你一切顺利，度过美好一天

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