WayneLo的个人主页 - 老虎社区

WayneLo

WayneLo

暂无个人介绍

IP属地：未知

19关注

14粉丝

0主题

0勋章

2021-11-08

Great ariticle, would you like to share it?

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-04

One more one more

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-03

Again

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-02

Nice try

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-02

Try again!!!

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-01

Try again

@小虎活动:[Halloween Game] Trade or Treat!

2021-10-30

Nice try

@小虎活动:[Halloween Game] Trade or Treat!

2021-10-29

Try

@小虎活动:[Halloween Game] Trade or Treat!

2021-07-05

Wow, gone case

抱歉，原内容已删除

2021-06-25

Will it be a bull run trap [思考]

抱歉，原内容已删除

2021-06-22

We shall see

抱歉，原内容已删除

2021-06-21

Does anyone complete TIGER? Have any spare T to exchange?

2021-06-21

IPO week ...

抱歉，原内容已删除

2021-06-20

Bank stocks are not in favour and not in my radar

Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</blockquote>

2021-06-17

It's a real gambling

抱歉，原内容已删除

2021-06-16

Disney looks good in long term

抱歉，原内容已删除

2021-06-15

How far it goes

抱歉，原内容已删除

2021-06-14

Lol, joker

抱歉，原内容已删除

2021-06-13

Investor...

Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>

2021-06-11

When will it be the peak?

抱歉，原内容已删除

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3571463229344698","uuid":"3571463229344698","gmtCreate":1608377938144,"gmtModify":1609898634751,"name":"WayneLo","pinyin":"waynelo","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":14,"headSize":19,"tweetSize":127,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-4","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"明星虎友","description":"加入老虎社区2000天","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.06.12","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.47%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":845667333,"gmtCreate":1636335404040,"gmtModify":1636335404322,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845667333","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848951535,"gmtCreate":1635955854320,"gmtModify":1635955854641,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"One more one more","listText":"One more one more","text":"One more one more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848951535","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3086,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841278246,"gmtCreate":1635919773809,"gmtModify":1635919773902,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Again","listText":"Again","text":"Again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841278246","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3813,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841934153,"gmtCreate":1635867359868,"gmtModify":1635867359972,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Nice try","listText":"Nice try","text":"Nice try","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841934153","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":843283223,"gmtCreate":1635832208302,"gmtModify":1635832208393,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Try again!!!","listText":"Try again!!!","text":"Try again!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843283223","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849715631,"gmtCreate":1635777307982,"gmtModify":1635777308086,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Try again","listText":"Try again","text":"Try again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849715631","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840161835,"gmtCreate":1635607708831,"gmtModify":1635607708925,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Nice try","listText":"Nice try","text":"Nice try","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840161835","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857627875,"gmtCreate":1635523051414,"gmtModify":1635523060708,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Try","listText":"Try","text":"Try","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857627875","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":155533372,"gmtCreate":1625444045296,"gmtModify":1631890862463,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Wow, gone case","listText":"Wow, gone case","text":"Wow, gone case","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/155533372","repostId":"1169840279","repostType":4,"isVote":1,"tweetType":1,"viewCount":3224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126430127,"gmtCreate":1624581049169,"gmtModify":1631890862467,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Will it be a bull run trap&nbsp;[思考]&nbsp;","listText":"Will it be a bull run trap&nbsp;[思考]&nbsp;","text":"Will it be a bull run trap [思考]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/126430127","repostId":"2146202596","repostType":4,"isVote":1,"tweetType":1,"viewCount":4614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":120174520,"gmtCreate":1624317567660,"gmtModify":1631890862470,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"We shall see","listText":"We shall see","text":"We shall see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120174520","repostId":"2145061039","repostType":4,"isVote":1,"tweetType":1,"viewCount":1278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164294684,"gmtCreate":1624205583348,"gmtModify":1631890862472,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Does anyone complete TIGER? Have any spare T to exchange?","listText":"Does anyone complete TIGER? Have any spare T to exchange?","text":"Does anyone complete TIGER? Have any spare T to exchange?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164294684","isVote":1,"tweetType":1,"viewCount":1130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164291460,"gmtCreate":1624205340650,"gmtModify":1631890862480,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"IPO week ...","listText":"IPO week ...","text":"IPO week ...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/164291460","repostId":"1199331995","repostType":4,"isVote":1,"tweetType":1,"viewCount":1546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165520408,"gmtCreate":1624152210304,"gmtModify":1631890862498,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Bank stocks are not in favour and not in my radar","listText":"Bank stocks are not in favour and not in my radar","text":"Bank stocks are not in favour and not in my radar","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/165520408","repostId":"1119296361","repostType":4,"repost":{"id":"1119296361","kind":"news","pubTimestamp":1624028454,"share":"https://www.laohunote.com/m/news/1119296361?lang=zh_CN&edition=full","pubTime":"2021-06-18 23:00","market":"us","language":"en","title":"Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119296361","media":"Barrons","summary":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier","content":"<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.</p><p><blockquote>美联储发布 6 月份货币政策声明时，银行股上涨，该声明指出加息时间早于预期。周四，他们是市场上最大的输家之一。</blockquote></p><p> There’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.</p><p><blockquote>这是有充分理由的。银行通常通过短期借款和长期借出来赚钱，并从利差中获利。当长期利率上升速度快于短期利率时，银行利润率通常会改善，而当发生相反情况时，利润就会恶化。</blockquote></p><p> After Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&amp;P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&amp;P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%</p><p><blockquote>周三的会议结束后，10 年期国债收益率大幅反弹，上涨 0.071%，至 1.569%，而两年期国债收益率上涨 0.038 个百分点，至 0.203%，两者之间的利差为 1.366 个百分点。这种扩大使得金融业，特别是银行股，成为少数几个对美联储周三的声明做出积极反应的行业之一。PDR S&amp;P Bank ETF (KBE) 上涨 0.9%，摩根大通 (JPM) 上涨 0.7%，尽管标准普尔 500 指数下跌 0.5%，道琼斯工业平均指数下跌 0.8%，纳斯达克综合指数下跌 0.2%</blockquote></p><p> The market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&amp;P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&amp;P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.</p><p><blockquote>然而，市场已经改变了主意。10年期收益率已降至1.498%，而两年期收益率已升至0.238%，差距为1.26个百分点。所谓的收益率曲线变平对于银行等对利率敏感的行业来说是个坏消息。SPDR S&amp;P Bank ETF 周四下跌 4.5%，周五盘前交易中下跌 1%。摩根大通周四下跌2.9%，周五下跌约1%。周五标普500期货下跌0.6%，道琼斯指数期货下跌0.8%。纳斯达克综合指数期货下跌 0.4%。</blockquote></p><p> Why the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.</p><p><blockquote>为什么要背离市场？要想让收益率持续上升，经济需要表现出正在快速复苏。否则，投资者将押注美国在2008年金融危机后经历的缓慢增长会重演。Evercore ISI 策略师丹尼斯·德布舍尔 (Dennis DeBusschere) 表示，由于周四申请失业救济人数大幅下降，并在六周下降后首次出现上升，市场决定关注后者，而不是前者。“他写道：”与之前所有人的想法相比，经济前景面临的风险是急剧转向鹰派，同时劳动力市场并不像美联储假设的那样强劲。</blockquote></p><p> Until that changes, it will be hard for bank stocks to bounce back.</p><p><blockquote>在这种情况改变之前，银行股将很难反弹。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank Stocks Were Fed Day Winners. Why They’re Getting Crushed.<blockquote>银行股是美联储日的赢家。为什么他们会被压垮。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-06-18 23:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.</p><p><blockquote>美联储发布 6 月份货币政策声明时，银行股上涨，该声明指出加息时间早于预期。周四，他们是市场上最大的输家之一。</blockquote></p><p> There’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.</p><p><blockquote>这是有充分理由的。银行通常通过短期借款和长期借出来赚钱，并从利差中获利。当长期利率上升速度快于短期利率时，银行利润率通常会改善，而当发生相反情况时，利润就会恶化。</blockquote></p><p> After Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&amp;P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&amp;P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%</p><p><blockquote>周三的会议结束后，10 年期国债收益率大幅反弹，上涨 0.071%，至 1.569%，而两年期国债收益率上涨 0.038 个百分点，至 0.203%，两者之间的利差为 1.366 个百分点。这种扩大使得金融业，特别是银行股，成为少数几个对美联储周三的声明做出积极反应的行业之一。PDR S&amp;P Bank ETF (KBE) 上涨 0.9%，摩根大通 (JPM) 上涨 0.7%，尽管标准普尔 500 指数下跌 0.5%，道琼斯工业平均指数下跌 0.8%，纳斯达克综合指数下跌 0.2%</blockquote></p><p> The market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&amp;P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&amp;P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.</p><p><blockquote>然而，市场已经改变了主意。10年期收益率已降至1.498%，而两年期收益率已升至0.238%，差距为1.26个百分点。所谓的收益率曲线变平对于银行等对利率敏感的行业来说是个坏消息。SPDR S&amp;P Bank ETF 周四下跌 4.5%，周五盘前交易中下跌 1%。摩根大通周四下跌2.9%，周五下跌约1%。周五标普500期货下跌0.6%，道琼斯指数期货下跌0.8%。纳斯达克综合指数期货下跌 0.4%。</blockquote></p><p> Why the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.</p><p><blockquote>为什么要背离市场？要想让收益率持续上升，经济需要表现出正在快速复苏。否则，投资者将押注美国在2008年金融危机后经历的缓慢增长会重演。Evercore ISI 策略师丹尼斯·德布舍尔 (Dennis DeBusschere) 表示，由于周四申请失业救济人数大幅下降，并在六周下降后首次出现上升，市场决定关注后者，而不是前者。“他写道：”与之前所有人的想法相比，经济前景面临的风险是急剧转向鹰派，同时劳动力市场并不像美联储假设的那样强劲。</blockquote></p><p> Until that changes, it will be hard for bank stocks to bounce back.</p><p><blockquote>在这种情况改变之前，银行股将很难反弹。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","MS":"摩根士丹利","JPM":"摩根大通","WFC":"富国银行","BAC":"美国银行","C":"花旗"},"source_url":"https://www.barrons.com/articles/bank-stocks-were-fed-day-winners-why-theyre-getting-crushed-today-51623957525?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119296361","content_text":"Bank stocks rosewhen the Fed released its June monetary policy statement, one thatpointed to earlier than expected rate hikes. On Thursday, they were among the market’s biggest losers.\nThere’s a good reason for that. Banks generally make money by borrowing money short and lending it out long—andmaking a profit off the spread. When longer-term rates rise faster than shorter-term ones, bank margins generally get better, while the profits deteriorate when the opposite happens.\nAfter Wednesday’s meeting, the 10-year yield got a big bounce—it rose 0.071% to 1.569%—while thetwo-year yield rose0.038 percentage point to 0.203%, putting the spread between the two at 1.366 percentage points. That widening made the financial sector generally, and bank stocks specifically, one of the few sectors to react positively to the Fed’s announcement on Wednesday. TheSPDR S&P Bank ETF(KBE) rose 0.9%, whileJPMorgan Chase(JPM) rose 0.7%, even as theS&P 500fell 0.5%, theDow Jones Industrial Averagedropped 0.8%, and theNasdaq Compositedeclined 0.2%\nThe market, however, has had a change of heart. The 10-year yield has fallen to 1.498%, while the two-year has risen to 0.238%, putting the gap at 1.26 percentage points. That so-called flattening of the yield curve is bad news for a rate-sensitive sector like banks. The SPDR S&P Bank ETF fell 4.5% on Thurdsay and 1% in premarket trading on Friday. JPMorgan dropped 2.9% on Thursday and is down about 1% on Friday. S&P 500 futures on Friday were down 0.6%, while Dow futures were down 0.8%. Futures for the Nasdaq Composite fell 0.4%.\nWhy the about-face from the market? For yields to keep rising, the economy needs to show that it is recovering quickly. Otherwise, investors are going to bet on a repeat of the slow growth the U.S. experienced after the financial crisis of 2008. With jobless claims missing by a wide margin Thursday—and experiencing the first rise following six weeks of drops—the market decided to focus on the latter, not the former, says Evercore ISI strategist Dennis DeBusschere. “The risk to the economic outlook is the sharp turn to hawkish side, relative to what everyone previously thought, at the same time the labor market isn’t as strong as the Fed assumed,” he writes.\nUntil that changes, it will be hard for bank stocks to bounce back.","news_type":1,"symbols_score_info":{"C":0.9,"JPM":0.9,"GS":0.9,"MS":0.9,"WFC":0.9,"BAC":0.9}},"isVote":1,"tweetType":1,"viewCount":1523,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163403547,"gmtCreate":1623890417389,"gmtModify":1631890862515,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"It's a real gambling","listText":"It's a real gambling","text":"It's a real gambling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/163403547","repostId":"2143791761","repostType":4,"isVote":1,"tweetType":1,"viewCount":1536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160468965,"gmtCreate":1623804596057,"gmtModify":1631885075676,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Disney looks good in long term","listText":"Disney looks good in long term","text":"Disney looks good in long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/160468965","repostId":"1150591447","repostType":4,"isVote":1,"tweetType":1,"viewCount":1186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184572084,"gmtCreate":1623720244648,"gmtModify":1631890862516,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"How far it goes","listText":"How far it goes","text":"How far it goes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/184572084","repostId":"1126626020","repostType":4,"isVote":1,"tweetType":1,"viewCount":1200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185335757,"gmtCreate":1623632984379,"gmtModify":1631890862519,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Lol, joker","listText":"Lol, joker","text":"Lol, joker","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/185335757","repostId":"1132051258","repostType":4,"isVote":1,"tweetType":1,"viewCount":1457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182887558,"gmtCreate":1623563165374,"gmtModify":1631890862522,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Investor...","listText":"Investor...","text":"Investor...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182887558","repostId":"1147474880","repostType":4,"repost":{"id":"1147474880","kind":"news","pubTimestamp":1623470168,"share":"https://www.laohunote.com/m/news/1147474880?lang=zh_CN&edition=full","pubTime":"2021-06-12 11:56","market":"us","language":"en","title":"Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147474880","media":"The Wall Street Journal","summary":"Understanding the difference between speculation and investing is essential to avoiding reckless ris","content":"<p>  Understanding the difference between speculation and investing is essential to avoiding reckless risk.  I’ve had it.</p><p><blockquote>了解投机和投资之间的区别对于避免鲁莽的风险至关重要。我受够了。</blockquote></p><p> The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p><p><blockquote>《华尔街日报》对金融最基本的区别之一的看法是错误的，而且几十年来一直是错误的。我再也受不了了。</blockquote></p><p> If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p><p><blockquote>如果你仅仅因为一只股票上涨了很多，而没有做任何研究就买入它，那么你就不是《华尔街日报》及其编辑们奇怪地坚持称你为 “投资者”。如果你购买加密货币是因为，嘿，这听起来很有趣，那你也不是投资者。</blockquote></p><p> Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p><p><blockquote>每当你购买任何金融资产时，因为你有一只雄鸡只是为了好玩，或者因为某个名人大肆宣传，而其他人似乎也在购买，你就不是在投资。</blockquote></p><p> You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p><p><blockquote>你绝对是交易者：刚刚购买资产的人。你可能是一个投机者：认为其他人会比你付出更多的人。</blockquote></p><p> Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p><p><blockquote>当然，有些人购买 GameStopCorp.GME5.88% 等模因股票<i>是</i>投资者。他们阅读公司的财务报表，研究基础业务的健康状况，并了解还有谁在押注或押注股票。同样，许多数字硬币的买家也投入了时间和精力来了解加密货币是如何运作的，以及它如何重塑金融。</blockquote></p><p> An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p><p><blockquote>投资者依赖于内部回报来源：收益、收入、资产价值增长。投机者依靠外部回报来源：主要是其他人是否愿意支付更多，而不管基本面价值如何。</blockquote></p><p> The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p><p><blockquote>投资者一词源于拉丁语 “investire ”，意为打扮自己、包围或包裹自己。你永远不会在不知道衣服是什么颜色或材质的情况下穿衣服。同样，你也不能投资你一无所知的资产。</blockquote></p><p> Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p><p><blockquote>尽管如此，《华尔街日报》及其编辑们长期以来一直将几乎所有购买任何东西的人都称为 “投资者”。1962 年 7 月 12 日，《华尔街日报》刊登了经典著作《证券分析》和《聪明的投资者》的作者本杰明-格雷厄姆写给编辑的一封信。格雷厄姆抱怨说，那年 6 月，《华尔街日报》发表了一篇文章，标题是 “许多小投资者押注股价进一步下跌，卖空奇数手 ”。</blockquote></p><p> He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p><p><blockquote>他写道： “根据'投资'的什么定义，我们能把'投资者'这个名字称为'投资'呢？”（做空奇数手意味着借入并卖出少于 100 股股票，押注股票会下跌——无论在当时还是现在，这都是一个昂贵且有风险的赌注。）</blockquote></p><p> “If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p><p><blockquote>“格雷厄姆问道：”如果这些人是投资者，“我们应该如何定义'投机'和'投机者'？难道目前无法区分投资和投机，不仅会对个人造成严重伤害，还会对整个金融界造成严重伤害吗--就像 20 世纪 20 年代末那样？”</blockquote></p><p> Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p><p><blockquote>格雷厄姆并不是一个势利小人，他认为市场应该是富人的专属游乐场。他写《聪明的投资者》的明确目的是帮助不太富裕的人明智地参与股票市场。</blockquote></p><p> In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p><p><blockquote>格雷厄姆在那本书中写道：“彻头彻尾的投机既不违法，也不不道德，（对大多数人来说）也不会中饱私囊。”</blockquote></p><p> However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p><p><blockquote>然而，他警告说，这会带来三个危险： “(1) 当你认为自己在投资时进行投机；(2) 当你缺乏适当的知识和技能时，认真地进行投机而不是作为消遣；(3) 在投机中冒的风险超过了你承受的损失”。</blockquote></p><p> Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p><p><blockquote>大多数投资者每隔一段时间就会投机一点。就像一张彩票或偶尔去赛马场或赌场一样，一点点是无害的乐趣。很多人都不是。</blockquote></p><p> If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p><p><blockquote>如果你认为自己在投机时就是在投资，那么即使是短暂的成功，你也会把技巧归因于技巧，尽管运气是最有可能的解释。这会导致你冒鲁莽的风险。</blockquote></p><p> Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p><p><blockquote>把投机看得太重，它会变成痴迷和上瘾。你变得无法接受你的损失，也无法在几分钟前专注于未来。接下来你就会知道，你在篝火上投入了更多的钱。</blockquote></p><p> I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p><p><blockquote>我认为，称交易者和投机者为 “投资者 ”会将许多新来者推向他们不应该承担的风险和他们无法承受的损失。我衷心希望《华尔街日报》及其编辑们最终能停止使用 “投资者 ”作为任何进行交易的人的默认术语。</blockquote></p><p> “ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p><p><blockquote>“《华尔街日报》财经编辑查尔斯-福雷尔（Charles Forelle）在回应我的投诉时说：”'投资者'在英语中有着悠久的历史，它是一个包罗万象的术语，指的是那些投入资金并期望获得回报的人，无论时间长短，无论他们阅读的投资专栏有多少。“至少可以追溯到 19 世纪中叶，'投资'甚至被用来形容赌马--这种活动与基本面分析的脱节肯定不亚于购买狗狗币”。</blockquote></p><p></p><p> I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p><p><blockquote>我听到了，老板，但我还是觉得你错了。《华尔街日报》不可能因为字典上说我们可以，就说一个休闲赌徒在赛马场 “投资 ”。</blockquote></p><p> Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p><p><blockquote>将新手投机者称为 “投资者 ”是营销人员助长过度交易的最有力手段之一。</blockquote></p><p> Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p><p><blockquote>在最近的 Instagram 帖子中，一位名叫拉娜-罗德斯（Lana Rhoades）的前色情明星穿着比基尼摆姿势，举着似乎是格雷厄姆的《聪明的投资者》。据 IMDb.com 报道，她主演了《Tushy》和《Make Me Meow》等视频。</blockquote></p><p> In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p><p><blockquote>罗兹女士在她的帖子中宣布，她将推广一种名为 Pawgcoin 的加密货币，该帖子获得了近 180 万人的 “点赞 ”。</blockquote></p><p> The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p><p><blockquote>该货币的网站称，这枚硬币是为 “那些向发达的后裔致敬的人”准备的。(据我可靠消息，PAWG 代表肥屁股白人女孩。）</blockquote></p><p> PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p><p><blockquote>据追踪此类数字货币的网站 Poocoin.io 称，自 Rhoades 女士 6 月初开始推广 PAWGcoin 以来，PAWGcoin 已上涨约 900%。</blockquote></p><p> Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p><p><blockquote>罗兹女士在推特上写道 “我每天早上也读《华尔街日报》 ”，但记者未能联系到她置评。PAWGcoin 的网站鼓励访问者 “立即投资”。</blockquote></p><p> In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</p><p><blockquote>在罗兹女士的 Instagram 帖子中，她举着一本打开的《聪明的投资者》，封面是颠倒的。她似乎是闭着眼睛读的。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestor, Trader, Speculator: Which One Are You?<blockquote>投资者、交易者、投机者：你是哪一个？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-06-12 11:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Understanding the difference between speculation and investing is essential to avoiding reckless risk.  I’ve had it.</p><p><blockquote>了解投机和投资之间的区别对于避免鲁莽的风险至关重要。我受够了。</blockquote></p><p> The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p><p><blockquote>《华尔街日报》对金融最基本的区别之一的看法是错误的，而且几十年来一直是错误的。我再也受不了了。</blockquote></p><p> If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p><p><blockquote>如果你仅仅因为一只股票上涨了很多，而没有做任何研究就买入它，那么你就不是《华尔街日报》及其编辑们奇怪地坚持称你为 “投资者”。如果你购买加密货币是因为，嘿，这听起来很有趣，那你也不是投资者。</blockquote></p><p> Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p><p><blockquote>每当你购买任何金融资产时，因为你有一只雄鸡只是为了好玩，或者因为某个名人大肆宣传，而其他人似乎也在购买，你就不是在投资。</blockquote></p><p> You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p><p><blockquote>你绝对是交易者：刚刚购买资产的人。你可能是一个投机者：认为其他人会比你付出更多的人。</blockquote></p><p> Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p><p><blockquote>当然，有些人购买 GameStopCorp.GME5.88% 等模因股票<i>是</i>投资者。他们阅读公司的财务报表，研究基础业务的健康状况，并了解还有谁在押注或押注股票。同样，许多数字硬币的买家也投入了时间和精力来了解加密货币是如何运作的，以及它如何重塑金融。</blockquote></p><p> An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p><p><blockquote>投资者依赖于内部回报来源：收益、收入、资产价值增长。投机者依靠外部回报来源：主要是其他人是否愿意支付更多，而不管基本面价值如何。</blockquote></p><p> The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p><p><blockquote>投资者一词源于拉丁语 “investire ”，意为打扮自己、包围或包裹自己。你永远不会在不知道衣服是什么颜色或材质的情况下穿衣服。同样，你也不能投资你一无所知的资产。</blockquote></p><p> Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p><p><blockquote>尽管如此，《华尔街日报》及其编辑们长期以来一直将几乎所有购买任何东西的人都称为 “投资者”。1962 年 7 月 12 日，《华尔街日报》刊登了经典著作《证券分析》和《聪明的投资者》的作者本杰明-格雷厄姆写给编辑的一封信。格雷厄姆抱怨说，那年 6 月，《华尔街日报》发表了一篇文章，标题是 “许多小投资者押注股价进一步下跌，卖空奇数手 ”。</blockquote></p><p> He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p><p><blockquote>他写道： “根据'投资'的什么定义，我们能把'投资者'这个名字称为'投资'呢？”（做空奇数手意味着借入并卖出少于 100 股股票，押注股票会下跌——无论在当时还是现在，这都是一个昂贵且有风险的赌注。）</blockquote></p><p> “If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p><p><blockquote>“格雷厄姆问道：”如果这些人是投资者，“我们应该如何定义'投机'和'投机者'？难道目前无法区分投资和投机，不仅会对个人造成严重伤害，还会对整个金融界造成严重伤害吗--就像 20 世纪 20 年代末那样？”</blockquote></p><p> Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p><p><blockquote>格雷厄姆并不是一个势利小人，他认为市场应该是富人的专属游乐场。他写《聪明的投资者》的明确目的是帮助不太富裕的人明智地参与股票市场。</blockquote></p><p> In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p><p><blockquote>格雷厄姆在那本书中写道：“彻头彻尾的投机既不违法，也不不道德，（对大多数人来说）也不会中饱私囊。”</blockquote></p><p> However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p><p><blockquote>然而，他警告说，这会带来三个危险： “(1) 当你认为自己在投资时进行投机；(2) 当你缺乏适当的知识和技能时，认真地进行投机而不是作为消遣；(3) 在投机中冒的风险超过了你承受的损失”。</blockquote></p><p> Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p><p><blockquote>大多数投资者每隔一段时间就会投机一点。就像一张彩票或偶尔去赛马场或赌场一样，一点点是无害的乐趣。很多人都不是。</blockquote></p><p> If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p><p><blockquote>如果你认为自己在投机时就是在投资，那么即使是短暂的成功，你也会把技巧归因于技巧，尽管运气是最有可能的解释。这会导致你冒鲁莽的风险。</blockquote></p><p> Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p><p><blockquote>把投机看得太重，它会变成痴迷和上瘾。你变得无法接受你的损失，也无法在几分钟前专注于未来。接下来你就会知道，你在篝火上投入了更多的钱。</blockquote></p><p> I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p><p><blockquote>我认为，称交易者和投机者为 “投资者 ”会将许多新来者推向他们不应该承担的风险和他们无法承受的损失。我衷心希望《华尔街日报》及其编辑们最终能停止使用 “投资者 ”作为任何进行交易的人的默认术语。</blockquote></p><p> “ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p><p><blockquote>“《华尔街日报》财经编辑查尔斯-福雷尔（Charles Forelle）在回应我的投诉时说：”'投资者'在英语中有着悠久的历史，它是一个包罗万象的术语，指的是那些投入资金并期望获得回报的人，无论时间长短，无论他们阅读的投资专栏有多少。“至少可以追溯到 19 世纪中叶，'投资'甚至被用来形容赌马--这种活动与基本面分析的脱节肯定不亚于购买狗狗币”。</blockquote></p><p></p><p> I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p><p><blockquote>我听到了，老板，但我还是觉得你错了。《华尔街日报》不可能因为字典上说我们可以，就说一个休闲赌徒在赛马场 “投资 ”。</blockquote></p><p> Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p><p><blockquote>将新手投机者称为 “投资者 ”是营销人员助长过度交易的最有力手段之一。</blockquote></p><p> Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p><p><blockquote>在最近的 Instagram 帖子中，一位名叫拉娜-罗德斯（Lana Rhoades）的前色情明星穿着比基尼摆姿势，举着似乎是格雷厄姆的《聪明的投资者》。据 IMDb.com 报道，她主演了《Tushy》和《Make Me Meow》等视频。</blockquote></p><p> In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p><p><blockquote>罗兹女士在她的帖子中宣布，她将推广一种名为 Pawgcoin 的加密货币，该帖子获得了近 180 万人的 “点赞 ”。</blockquote></p><p> The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p><p><blockquote>该货币的网站称，这枚硬币是为 “那些向发达的后裔致敬的人”准备的。(据我可靠消息，PAWG 代表肥屁股白人女孩。）</blockquote></p><p> PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p><p><blockquote>据追踪此类数字货币的网站 Poocoin.io 称，自 Rhoades 女士 6 月初开始推广 PAWGcoin 以来，PAWGcoin 已上涨约 900%。</blockquote></p><p> Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p><p><blockquote>罗兹女士在推特上写道 “我每天早上也读《华尔街日报》 ”，但记者未能联系到她置评。PAWGcoin 的网站鼓励访问者 “立即投资”。</blockquote></p><p> In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</p><p><blockquote>在罗兹女士的 Instagram 帖子中，她举着一本打开的《聪明的投资者》，封面是颠倒的。她似乎是闭着眼睛读的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147474880","content_text":"Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.\nIf you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.\nWhenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.\nYou’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.\nOf course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%areinvestors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.\nAn investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.\nThe word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.\nNevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”\nHe wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)\n“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”\nGraham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.\nIn that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”\nHowever, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”\nMost investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.\nIf you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.\nTake speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.\nI think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.\n“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”\nI hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.\nCalling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.\nIna recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”\nIn her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.\nThe currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)\nPAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.\nMs. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”\nIn Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181049122,"gmtCreate":1623368742766,"gmtModify":1634034199315,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571463229344698","authorIdStr":"3571463229344698"},"themes":[],"title":"","htmlText":"When will it be the peak?","listText":"When will it be the peak?","text":"When will it be the peak?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181049122","repostId":"1184070773","repostType":4,"isVote":1,"tweetType":1,"viewCount":1264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":164291460,"gmtCreate":1624205340650,"gmtModify":1631890862480,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"title":"","htmlText":"IPO week ...","listText":"IPO week ...","text":"IPO week ...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/164291460","repostId":"1199331995","repostType":4,"isVote":1,"tweetType":1,"viewCount":1546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115410206,"gmtCreate":1623026540305,"gmtModify":1634096169071,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"title":"","htmlText":"All sorts of gambling&nbsp;","listText":"All sorts of gambling&nbsp;","text":"All sorts of gambling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/115410206","repostId":"2141926289","repostType":4,"isVote":1,"tweetType":1,"viewCount":943,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197321869,"gmtCreate":1621430088951,"gmtModify":1634189234451,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Looks like it's not the bottom yet","listText":"Looks like it's not the bottom yet","text":"Looks like it's not the bottom yet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/197321869","repostId":"1147082881","repostType":4,"isVote":1,"tweetType":1,"viewCount":868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343759361,"gmtCreate":1617757225553,"gmtModify":1634296709769,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"title":"","htmlText":"If we are holding for long term, blue chip has nothing to worry about","listText":"If we are holding for long term, blue chip has nothing to worry about","text":"If we are holding for long term, blue chip has nothing to worry about","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/343759361","repostId":"1177263079","repostType":4,"isVote":1,"tweetType":1,"viewCount":716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359779620,"gmtCreate":1616426511760,"gmtModify":1634525863337,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"title":"","htmlText":"High risk high return[冷漠]&nbsp;","listText":"High risk high return[冷漠]&nbsp;","text":"High risk high return[冷漠]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/359779620","repostId":"1196402560","repostType":4,"isVote":1,"tweetType":1,"viewCount":1320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":366164335,"gmtCreate":1614413367327,"gmtModify":1703477416683,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>就看你能耗尽我的耐性没有","listText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>就看你能耗尽我的耐性没有","text":"$Affirm Holdings, Inc.(AFRM)$就看你能耗尽我的耐性没有","images":[{"img":"https://static.tigerbbs.com/5733b2e6df94d53659e124799f37f167","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/366164335","isVote":1,"tweetType":1,"viewCount":1276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":104036400,"gmtCreate":1620344682000,"gmtModify":1634205977607,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Cypto is still not my cup of tea","listText":"Cypto is still not my cup of tea","text":"Cypto is still not my cup of tea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/104036400","repostId":"1123939866","repostType":4,"repost":{"id":"1123939866","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620342830,"share":"https://www.laohunote.com/m/news/1123939866?lang=zh_CN&edition=full","pubTime":"2021-05-07 07:13","market":"us","language":"en","title":"Square gets a bitcoin boost with revenue up 266%<blockquote>Square 的比特币增长，收入增长 266%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1123939866","media":"Tiger Newspress","summary":"Square shares rose as much as 6% in after-hours trading Thursday after the company reported fiscal f","content":"<p>Square&nbsp;shares rose as much as 6% in after-hours trading Thursday after the company&nbsp;reported fiscal first-quarter earnings&nbsp;that blew past Wall Street's expectations.<img src=\"https://static.tigerbbs.com/cf038ea81aa7f2f8ad95bf04e9d86fc9\" tg-width=\"702\" tg-height=\"527\" referrerpolicy=\"no-referrer\"></p><p><blockquote>Square 公布第一财季收益超出华尔街预期，周四盘后交易中股价上涨 6%。</blockquote></p><p>Here's how the company did:</p><p><blockquote>公司是这样做的：</blockquote></p><p><ul><li><b>Earnings per share:</b>41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analysts</li></ul><ul><li><b>Revenue:</b>$5.06 billion vs. $3.36 billion expected by Refinitiv</li></ul><img src=\"https://static.tigerbbs.com/91be60df3686c86a419c071c067ea8d8\" tg-width=\"772\" tg-height=\"686\" referrerpolicy=\"no-referrer\">First-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.</p><p><blockquote><ul><li><b>每股盈利：</b>调整后为 41 美分，而 Refinitiv 分析师调查预期为 16 美分</li></ul><ul><li><b>收入：</b>50.6 亿美元，而路孚特预计为 33.6 亿美元</li></ul>第一季度收入升至 50.6 亿美元，同比增长 266%，这主要得益于比特币收入的增长。该季度净利润为 3900 万美元。</blockquote></p><p>Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.</p><p><blockquote>根据一份声明，截至 3 月 31 日的季度，毛利润同比增长 79%，达到 9.64 亿美元。</blockquote></p><p>Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.</p><p><blockquote>Cash App 毛利润为 4.95 亿美元，同比增长 171%。今年 3 月，Square 与 Venmo 的点对点竞争对手开始向客户提供即时免费发送比特币的功能。</blockquote></p><p>Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.</p><p><blockquote>Square 公布比特币收入为 35 亿美元，同比增长 11 倍。但比特币的毛利润只有7500万美元，约占收入的2%。</blockquote></p><p>On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"</p><p><blockquote>在公司财报看涨期权上，首席执行官 Jack Dorsey 表示，Square 将比特币视为互联网拥有原生货币的潜力，公司希望“尽可能地推进这一目标”。</blockquote></p><p>\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"</p><p><blockquote>“我们的重点首先是让……比特币成为本币，”多尔西说。“它为我们的业务消除了许多摩擦。我们完全相信，它为世界各地的经济赋权创造了更多机会。”</blockquote></p><p>Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.</p><p><blockquote>除了为用户提供在Cash应用程序中买卖比特币的能力外，该公司还推出了加密货币开放专利联盟（COPA），这是一个保护社区的加密专利开源基金会。</blockquote></p><p>Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.</p><p><blockquote>Square 本身在 10 月份收购了价值 5000 万美元的比特币，并在 2 月份又收购了价值 1.7 亿美元的比特币。该公司表示，截至 3 月 31 日，该季度比特币投资损失了 2000 万美元，尽管根据可观察的市场价格，该投资的公允价值为 4.72 亿美元。</blockquote></p><p>With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.</p><p><blockquote>在指导方面，该公司预计 4 月份其卖家生态系统的毛利润将同比增长 135% 以上，其现金应用程序的毛利润将同比增长约 130%。</blockquote></p><p>CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.</p><p><blockquote>首席财务官 Amrita Ahuja 表示，随着 5 月和 6 月的增长比较变得更加艰难，公司预计从 4 月到第二季度剩余时间，毛利润同比增长率将放缓。</blockquote></p><p>\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"</p><p><blockquote>阿胡贾表示：“我们相信，我们的客户从政府资金中拥有更大的消费能力，这推动了 3 月份资金流入的增加。”“此后，我们看到了正常化，与 3 月份相比，4 月份的流入量下降了 16%。”</blockquote></p><p>Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.</p><p><blockquote>排除盘后走势，Square 股价自今年年初以来已上涨约 2.3%，而纳斯达克指数同期上涨约 5.8%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Square gets a bitcoin boost with revenue up 266%<blockquote>Square 的比特币增长，收入增长 266%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSquare gets a bitcoin boost with revenue up 266%<blockquote>Square 的比特币增长，收入增长 266%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-05-07 07:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Square&nbsp;shares rose as much as 6% in after-hours trading Thursday after the company&nbsp;reported fiscal first-quarter earnings&nbsp;that blew past Wall Street's expectations.<img src=\"https://static.tigerbbs.com/cf038ea81aa7f2f8ad95bf04e9d86fc9\" tg-width=\"702\" tg-height=\"527\" referrerpolicy=\"no-referrer\"></p><p><blockquote>Square 公布第一财季收益超出华尔街预期，周四盘后交易中股价上涨 6%。</blockquote></p><p>Here's how the company did:</p><p><blockquote>公司是这样做的：</blockquote></p><p><ul><li><b>Earnings per share:</b>41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analysts</li></ul><ul><li><b>Revenue:</b>$5.06 billion vs. $3.36 billion expected by Refinitiv</li></ul><img src=\"https://static.tigerbbs.com/91be60df3686c86a419c071c067ea8d8\" tg-width=\"772\" tg-height=\"686\" referrerpolicy=\"no-referrer\">First-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.</p><p><blockquote><ul><li><b>每股盈利：</b>调整后为 41 美分，而 Refinitiv 分析师调查预期为 16 美分</li></ul><ul><li><b>收入：</b>50.6 亿美元，而路孚特预计为 33.6 亿美元</li></ul>第一季度收入升至 50.6 亿美元，同比增长 266%，这主要得益于比特币收入的增长。该季度净利润为 3900 万美元。</blockquote></p><p>Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.</p><p><blockquote>根据一份声明，截至 3 月 31 日的季度，毛利润同比增长 79%，达到 9.64 亿美元。</blockquote></p><p>Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.</p><p><blockquote>Cash App 毛利润为 4.95 亿美元，同比增长 171%。今年 3 月，Square 与 Venmo 的点对点竞争对手开始向客户提供即时免费发送比特币的功能。</blockquote></p><p>Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.</p><p><blockquote>Square 公布比特币收入为 35 亿美元，同比增长 11 倍。但比特币的毛利润只有7500万美元，约占收入的2%。</blockquote></p><p>On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"</p><p><blockquote>在公司财报看涨期权上，首席执行官 Jack Dorsey 表示，Square 将比特币视为互联网拥有原生货币的潜力，公司希望“尽可能地推进这一目标”。</blockquote></p><p>\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"</p><p><blockquote>“我们的重点首先是让……比特币成为本币，”多尔西说。“它为我们的业务消除了许多摩擦。我们完全相信，它为世界各地的经济赋权创造了更多机会。”</blockquote></p><p>Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.</p><p><blockquote>除了为用户提供在Cash应用程序中买卖比特币的能力外，该公司还推出了加密货币开放专利联盟（COPA），这是一个保护社区的加密专利开源基金会。</blockquote></p><p>Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.</p><p><blockquote>Square 本身在 10 月份收购了价值 5000 万美元的比特币，并在 2 月份又收购了价值 1.7 亿美元的比特币。该公司表示，截至 3 月 31 日，该季度比特币投资损失了 2000 万美元，尽管根据可观察的市场价格，该投资的公允价值为 4.72 亿美元。</blockquote></p><p>With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.</p><p><blockquote>在指导方面，该公司预计 4 月份其卖家生态系统的毛利润将同比增长 135% 以上，其现金应用程序的毛利润将同比增长约 130%。</blockquote></p><p>CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.</p><p><blockquote>首席财务官 Amrita Ahuja 表示，随着 5 月和 6 月的增长比较变得更加艰难，公司预计从 4 月到第二季度剩余时间，毛利润同比增长率将放缓。</blockquote></p><p>\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"</p><p><blockquote>阿胡贾表示：“我们相信，我们的客户从政府资金中拥有更大的消费能力，这推动了 3 月份资金流入的增加。”“此后，我们看到了正常化，与 3 月份相比，4 月份的流入量下降了 16%。”</blockquote></p><p>Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.</p><p><blockquote>排除盘后走势，Square 股价自今年年初以来已上涨约 2.3%，而纳斯达克指数同期上涨约 5.8%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123939866","content_text":"Square shares rose as much as 6% in after-hours trading Thursday after the company reported fiscal first-quarter earnings that blew past Wall Street's expectations.Here's how the company did:Earnings per share:41 cents, adjusted, vs. 16 cents expected in a Refinitiv survey of analystsRevenue:$5.06 billion vs. $3.36 billion expected by RefinitivFirst-quarter revenue rose to $5.06 billion, up 266% year over year, largely thanks to gains in bitcoin revenue. Net income for the quarter was $39 million.Gross profit grew 79% year over year to $964 million in the quarter that ended Mar. 31, according to a statement.Cash App gross profit came in at $495 million, up 171% year over year. In March, Square's peer-to-peer competitor to Venmo began offering customers the ability to instantly send bitcoin for free.Square reported $3.5 billion in bitcoin revenue, up 11 times year over year. But bitcoin gross profit was only $75 million, or approximately 2% of revenue.On the company's earnings call, CEO Jack Dorsey said Square sees bitcoin as the internet's potential to have a native currency, and the company wants to \"further that as much as we can.\"\"Our focus, first and foremost, is on enabling ... bitcoin to be the native currency,\" said Dorsey. \"It removes a bunch of friction for our business. And we believe fully that it creates more opportunities for economic empowerment around the world.\"Beyond offering users the ability to buy and sell bitcoin in the Cash App, the company also launched the Cryptocurrency Open Patent Alliance, or COPA, which is an open-source foundation for crypto patents to protect the community.Square itself bought $50 million worth of bitcoin in October and an additional $170 million worth of bitcoin in February. The company said that as of March 31, it had lost $20 million on its bitcoin investment for the quarter, though the fair value of its investment was $472 million, based on observable market prices.With respect to guidance, the company expects gross profit to grow by more than 135% year over year for its seller ecosystem and by approximately 130% year over year for its Cash App, in April.CFO Amrita Ahuja said the company expected year-over-year gross profit growth rates to moderate from April to the remainder of the second quarter, as growth comparisons get tougher in May and June.\"We believe our customers had greater spending power from government funds, which drove an uplift in inflows in March,\" said Ahuja. \"We have since seen a normalization with inflows down 16% in April, compared to March.\"Excluding the after-hours move, Square stock has risen about 2.3% since the start of the year, while theNasdaqis up about 5.8% over the same period.","news_type":1,"symbols_score_info":{"SQ":0.9}},"isVote":1,"tweetType":1,"viewCount":745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368797150,"gmtCreate":1614351816770,"gmtModify":1703476811245,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>hold on tight and cheer&nbsp;[晕]&nbsp;","listText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a>hold on tight and cheer&nbsp;[晕]&nbsp;","text":"$Affirm Holdings, Inc.(AFRM)$hold on tight and cheer [晕]","images":[{"img":"https://static.tigerbbs.com/fe1464019080b63ec9a4f022d336f09c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/368797150","isVote":1,"tweetType":1,"viewCount":1302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":137210476,"gmtCreate":1622349243195,"gmtModify":1634102122131,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Tesla has been taken up all the headlines","listText":"Tesla has been taken up all the headlines","text":"Tesla has been taken up all the headlines","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/137210476","repostId":"2138765488","repostType":4,"isVote":1,"tweetType":1,"viewCount":514,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134420257,"gmtCreate":1622254536779,"gmtModify":1634102754271,"author":{"id":"3571463229344698","authorId":"3571463229344698","name":"WayneLo","avatar":"https://static.tigerbbs.com/14093ba883674abafbe66f8cf1adf5d3","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571463229344698","idStr":"3571463229344698"},"themes":[],"title":"","htmlText":"Really? Then we can buy more&nbsp;[微笑]&nbsp;","listText":"Really? Then we can buy more&nbsp;[微笑]&nbsp;","text":"Really? Then we can buy more [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134420257","repostId":"1140093781","repostType":4,"isVote":1,"tweetType":1,"viewCount":1268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}