Yi Lihua: Trend is King, Bull Market Confirmed, Bears Face Early Loss Small, Late Loss Big
On January 3rd, Easy Lihua—founder of Liquid Capital (formerly LD Capital)—took to social media to share his takes: “Why are investors like Buffett and Duan Yongping respected? Because they make money from value and trends, not speculation.” “This year’s trend is a bull market. Neither the macro environment nor the industry’s development stage is something we can control; we can only spot trends and follow them. Lately, I’ve seen bears still clinging to their short positions, but as we noted before: in a 26-year bull run, bears who closed their shorts early only took small losses. Waiting longer would lead to massive, devastating losses.” “Anyone still bearish on the market is either just talking the talk or cannon fodder. After over a month of volatility (bulls vs. bears), bulls will surely grow complacent. Pessimists are always right in hindsight, but optimists are the ones who move forward