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2021-08-07

Great news👍

抱歉，原内容已删除

2021-07-18

👍

抱歉，原内容已删除

2021-07-17

Market drop represents buying oppt 👍

抱歉，原内容已删除

2021-07-16

👍

An 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</blockquote>

2021-07-16

👍

Kate Moss' private members club Soho House crashes on New York debut<blockquote>凯特·莫斯(Kate Moss)的私人会员俱乐部Soho House在纽约首次亮相时发生车祸</blockquote>

2021-07-16

👍

Tesla Model S, Model X Long Range Price Increases Reach China After US Hikes<blockquote>美国涨价后，特斯拉Model S、Model X长续航版涨价波及中国</blockquote>

2021-07-16

👍👍👍

An 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</blockquote>

2021-07-15

Will you still buy airline stocks ?

抱歉，原内容已删除

2021-07-15

Agree with Old Yee👍

Fed Chair Powell hints on digital dollar timing<blockquote>美联储主席鲍威尔暗示数字美元时机</blockquote>

2021-07-15

Wow 👍

Elon Musk Reveals Tesla's Billion Dollar Backlog<blockquote>Elon Musk透露特斯拉10亿美元积压订单</blockquote>

2021-07-12

Don’t rush in at these level 😀

Is It Too Late to Buy NVIDIA Stock?<blockquote>现在购买英伟达股票还来得及吗？</blockquote>

2021-07-12

Interesting insight 👍

抱歉，原内容已删除

2021-07-11

👍👍👍

2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>

2021-07-11

👍👍👍

抱歉，原内容已删除

2021-07-10

Wow 👍

抱歉，原内容已删除

2021-07-10

👍

抱歉，原内容已删除

2021-07-10

👍

抱歉，原内容已删除

2021-07-10

👍

抱歉，原内容已删除

2021-07-10

👍

抱歉，原内容已删除

2021-07-10

Oh no 😅

China has prohibited the merger of HuYa and DouYu<blockquote>中国禁止虎牙和斗鱼合并</blockquote>

去老虎APP查看更多动态

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👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/179804761","repostId":"1149577900","repostType":4,"isVote":1,"tweetType":1,"viewCount":1833,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170299593,"gmtCreate":1626433111312,"gmtModify":1631891449703,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170299593","repostId":"1169060602","repostType":4,"repost":{"id":"1169060602","kind":"news","pubTimestamp":1626427921,"share":"https://www.laohu8.com/m/news/1169060602?lang=zh_CN&edition=full","pubTime":"2021-07-16 17:32","market":"us","language":"en","title":"An 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169060602","media":"CNN","summary":"New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy rid","content":"<p>New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.</p><p><blockquote>纽约（CNN商业）贝佐斯的火箭公司蓝色起源周四宣布，出价2800万美元与杰夫·贝索斯一起前往太空边缘11分钟欢乐之旅的神秘竞标者将不会成行。</blockquote></p><p> Blue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.</p><p><blockquote>蓝色起源在一份新闻稿中表示，这位要求暂时保持匿名的人士因“日程安排冲突”而不得不退出。获胜者将在未来的任务中占据一席之地。与贝佐斯、他的兄弟马克·贝佐斯以及82岁的飞行员、“水星13号”女性之一沃利·芬克（Wally Funk）一起飞行的将是一名18岁的高中毕业生奥利弗·代蒙（Oliver Daemen）。</blockquote></p><p> The flight is slated for July 20.</p><p><blockquote>该航班定于7月20日起飞。</blockquote></p><p> Daemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.</p><p><blockquote>代蒙“是拍卖的参与者，并在第二个航班上获得了一个座位。当第一个航班的这个座位有空时，我们把他提升了，”蓝色起源发言人告诉CNN Business。“我们不会透露他付了多少钱。”一位知情人士称，代蒙的位置是他的父亲乔斯·代蒙为他购买的，乔斯·代蒙是荷兰投资公司萨默塞特资本合伙公司的创始人兼首席执行官。</blockquote></p><p> Daemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.</p><p><blockquote>代蒙计划今年秋天就读于荷兰乌得勒支大学，他将成为有史以来飞往太空的最年轻的人，而芬克将成为最年长的人。</blockquote></p><p> This trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.</p><p><blockquote>这次旅行将标志着蓝色起源的亚轨道太空旅游火箭“新谢泼德”的首次载人飞行，该公司利用这一事实作为卖点，导致了上个月的一场直播竞购战。</blockquote></p><p> The $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.</p><p><blockquote>2800万美元的出价远远高于大多数人的预期。蓝色起源将这笔钱捐赠给了其非营利组织“未来俱乐部”，该组织致力于鼓励儿童的科技教育。未来俱乐部反过来将其中的1900万美元捐赠给了各种专注于太空的非营利组织，包括布鲁克·欧文斯奖学金（Brooke Owens Fellowship），这是一个女性科技奖学金基金，以及阿拉巴马州著名但财务困难的太空营。</blockquote></p><p> Blue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.</p><p><blockquote>蓝色起源在过去十年的大部分时间里都在运行亚轨道新谢泼德火箭，进行了一系列成功的试飞，这些试飞都是完全自动化的，到目前为止还没有载人。该公司上个月宣布，终于准备好开始为乘客安排航班，2000年创立蓝色起源的亚马逊亿万富翁贝佐斯将首次执行这项任务。</blockquote></p><p> According to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.</p><p><blockquote>根据该公司的网站，谁可以乘坐New Shepard航班有一些限制：每个人都必须年满18岁，身体状况良好，可以在一分半钟内爬七段楼梯，身高在5英尺0英寸到6英尺4英寸之间，体重在110磅到223磅之间。乘客还必须能够在不到15秒的时间内系好和解开安全带，在舱口关闭的情况下将安全带绑在太空舱中长达一个半小时，并在下降过程中承受高达5.5克的力。</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>An 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</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\">\nAn 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-07-16 17:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.</p><p><blockquote>纽约（CNN商业）贝佐斯的火箭公司蓝色起源周四宣布，出价2800万美元与杰夫·贝索斯一起前往太空边缘11分钟欢乐之旅的神秘竞标者将不会成行。</blockquote></p><p> Blue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.</p><p><blockquote>蓝色起源在一份新闻稿中表示，这位要求暂时保持匿名的人士因“日程安排冲突”而不得不退出。获胜者将在未来的任务中占据一席之地。与贝佐斯、他的兄弟马克·贝佐斯以及82岁的飞行员、“水星13号”女性之一沃利·芬克（Wally Funk）一起飞行的将是一名18岁的高中毕业生奥利弗·代蒙（Oliver Daemen）。</blockquote></p><p> The flight is slated for July 20.</p><p><blockquote>该航班定于7月20日起飞。</blockquote></p><p> Daemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.</p><p><blockquote>代蒙“是拍卖的参与者，并在第二个航班上获得了一个座位。当第一个航班的这个座位有空时，我们把他提升了，”蓝色起源发言人告诉CNN Business。“我们不会透露他付了多少钱。”一位知情人士称，代蒙的位置是他的父亲乔斯·代蒙为他购买的，乔斯·代蒙是荷兰投资公司萨默塞特资本合伙公司的创始人兼首席执行官。</blockquote></p><p> Daemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.</p><p><blockquote>代蒙计划今年秋天就读于荷兰乌得勒支大学，他将成为有史以来飞往太空的最年轻的人，而芬克将成为最年长的人。</blockquote></p><p> This trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.</p><p><blockquote>这次旅行将标志着蓝色起源的亚轨道太空旅游火箭“新谢泼德”的首次载人飞行，该公司利用这一事实作为卖点，导致了上个月的一场直播竞购战。</blockquote></p><p> The $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.</p><p><blockquote>2800万美元的出价远远高于大多数人的预期。蓝色起源将这笔钱捐赠给了其非营利组织“未来俱乐部”，该组织致力于鼓励儿童的科技教育。未来俱乐部反过来将其中的1900万美元捐赠给了各种专注于太空的非营利组织，包括布鲁克·欧文斯奖学金（Brooke Owens Fellowship），这是一个女性科技奖学金基金，以及阿拉巴马州著名但财务困难的太空营。</blockquote></p><p> Blue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.</p><p><blockquote>蓝色起源在过去十年的大部分时间里都在运行亚轨道新谢泼德火箭，进行了一系列成功的试飞，这些试飞都是完全自动化的，到目前为止还没有载人。该公司上个月宣布，终于准备好开始为乘客安排航班，2000年创立蓝色起源的亚马逊亿万富翁贝佐斯将首次执行这项任务。</blockquote></p><p> According to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.</p><p><blockquote>根据该公司的网站，谁可以乘坐New Shepard航班有一些限制：每个人都必须年满18岁，身体状况良好，可以在一分半钟内爬七段楼梯，身高在5英尺0英寸到6英尺4英寸之间，体重在110磅到223磅之间。乘客还必须能够在不到15秒的时间内系好和解开安全带，在舱口关闭的情况下将安全带绑在太空舱中长达一个半小时，并在下降过程中承受高达5.5克的力。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/07/15/tech/jeff-bezos-blue-origin-flight-passenger-scn/index.html\">CNN</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":{"AMZN":"亚马逊"},"source_url":"https://edition.cnn.com/2021/07/15/tech/jeff-bezos-blue-origin-flight-passenger-scn/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169060602","content_text":"New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.\nBlue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.\nThe flight is slated for July 20.\nDaemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.\nDaemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.\nThis trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.\nThe $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.\nBlue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.\nAccording to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1823,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170290458,"gmtCreate":1626433035974,"gmtModify":1631891449718,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170290458","repostId":"1112405949","repostType":4,"repost":{"id":"1112405949","kind":"news","pubTimestamp":1626427506,"share":"https://www.laohu8.com/m/news/1112405949?lang=zh_CN&edition=full","pubTime":"2021-07-16 17:25","market":"us","language":"en","title":"Kate Moss' private members club Soho House crashes on New York debut<blockquote>凯特·莫斯(Kate Moss)的私人会员俱乐部Soho House在纽约首次亮相时发生车祸</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112405949","media":"finance.yahoo","summary":"Shares in the owner of Kate Moss’ private members club Soho House fell out of fashion with investors","content":"<p>Shares in the owner of Kate Moss’ private members club Soho House fell out of fashion with investors last night, as it ended its stock market debut 9.6% lower.</p><p><blockquote>昨晚，凯特·莫斯(Kate Moss)私人会员俱乐部Soho House的所有者的股票在投资者中不再流行，该公司在股市首次亮相时下跌了9.6%。</blockquote></p><p> Membership Collective Group (MCG), which has expanded its exclusive clubs into a dozen countries across the globe, saw its stock drop to less $12.66 after its first day of trading in New York, valuing the firm at $2.5bn (£1.8bn).</p><p><blockquote>Membership Collective Group(MCG)已将其专属俱乐部扩展到全球十几个国家，其股价在纽约首日交易后跌至不到12.66美元，该公司估值为25亿美元（18亿英镑）。</blockquote></p><p> It had raised $420m in its initial public offering (IPO) led by JPMorgan, Morgan Stanley and Bank of America Corp, and sold 30 million shares at $14 each, at the lower end of expectations. It had previously said it would list at between $14 and $16 a share.</p><p><blockquote>该公司在摩根大通、摩根士丹利和美国银行牵头的首次公开募股(IPO)中筹集了4.2亿美元，并以每股14美元的价格出售了3000万股股票，低于预期的下限。该公司此前曾表示，上市价格将在每股14至16美元之间。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f8f426dda5ec6336ac3ed745b32148c\" tg-width=\"705\" tg-height=\"471\" referrerpolicy=\"no-referrer\"><span>MCG fell 9.6% on Thursday in its first day of trading in New York. Chart: Yahoo Finance</span></p><p><blockquote><p class=\"t-img-caption\"><span>MCG周四在纽约交易首日下跌9.6%。图表：雅虎财经</span></p></blockquote></p><p> The company was founded by its chief executive, Nick Jones, in 1995 in London’s Soho district as a venue for executives in the creative industries, It has clubs in cities including New York, Hong Kong, Amsterdam and Barcelona, and is planning to open additional clubs in Paris, Rome and Tel Aviv in the near future.</p><p><blockquote>该公司由首席执行官尼克·琼斯(Nick Jones)于1995年在伦敦索霍区创立，作为创意产业高管的场所，在纽约、香港、阿姆斯特丹和巴塞罗那等城市设有俱乐部，并计划在不久的将来在巴黎、罗马和特拉维夫开设更多俱乐部。</blockquote></p><p> However, despite its almost 120,000 members who pay up to $3,400 a year, and attracting celebrities such as supermodel Kate Moss to the clubs, it is yet to turn a profit after almost three decades.</p><p><blockquote>然而，尽管其拥有近12万名会员，每年支付高达3,400美元的费用，并吸引了超模凯特·莫斯(Kate Moss)等名人加入俱乐部，但近30年后仍未实现盈利。</blockquote></p><p> In the first quarter of the year it posted a loss of $93m on revenues of $72m as the impact of the coronavirus pandemic continued to wreak havoc on the business. This compared to losses of $45 million for the equivalent period a year ago.</p><p><blockquote>今年第一季度，由于冠状病毒大流行的影响继续对业务造成严重破坏，该公司营收为7200万美元，亏损9300万美元。相比之下，去年同期亏损4500万美元。</blockquote></p><p> Last year, losses came in at $384m in the 12 months to 3 January, according to its filings with the US Securities and Exchange Commission, with more than 1,000 of its employees being made redundant.</p><p><blockquote>根据该公司向美国证券交易委员会提交的文件，去年截至1月3日的12个月内亏损达3.84亿美元，裁员1000多名员工。</blockquote></p><p> MCG, which also owns The Ned hotel in London and the Scorpios beach club in Mykonos, revealed that less than a tenth of its members cancelled their subscriptions during the health crisis. Some 92% of them remained on the roster during 2020 despite clubs being forced to close.</p><p><blockquote>MCG还拥有伦敦的Ned酒店和米科诺斯岛的Scorpios海滩俱乐部，该公司透露，在健康危机期间，只有不到十分之一的会员取消了订阅。尽管俱乐部被迫关闭，但其中约92%的人在2020年仍留在名册上。</blockquote></p><p> “We think we’re coming out of COVID in a very good position,” Jones told Bloomberg in a TV interview. “We think there’s a lot of exciting growth opportunities.”</p><p><blockquote>琼斯在接受彭博社电视采访时表示：“我们认为我们在摆脱新冠疫情时处于非常有利的地位。”“我们认为有很多令人兴奋的增长机会。”</blockquote></p><p> He added that the company’s IPO saw a huge demand for members looking to take part in the float, with around 20% subscribing for the maximum amount of 100 shares.</p><p><blockquote>他补充说，该公司的IPO对希望参与上市的会员需求巨大，约20%的会员认购了最多100股。</blockquote></p><p> “They've stayed so loyal during the pandemic, and they're really cheering from the sidelines at this stage of our lives,” he said.</p><p><blockquote>他说：“他们在大流行期间一直如此忠诚，在我们人生的这个阶段，他们真的在场边欢呼。”</blockquote></p><p> Jones is hoping to open another 16 Soho House “houses” by the end of 2023, taking the total to 46.</p><p><blockquote>琼斯希望到2023年底再开设16家Soho House“House”，使总数达到46家。</blockquote></p><p> The company also plans to launch a digital-only membership later this year, which will allow members to search for and be recommended to other members, as well as being able to communicate through direct messaging, audio and video.</p><p><blockquote>公司还计划今年晚些时候推出仅数字会员资格，会员可以搜索并推荐给其他会员，还可以通过直接消息、音频和视频进行交流。</blockquote></p><p></p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nKate Moss' private members club Soho House crashes on New York debut<blockquote>凯特·莫斯(Kate Moss)的私人会员俱乐部Soho House在纽约首次亮相时发生车祸</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">finance.yahoo</strong><span class=\"h-time small\">2021-07-16 17:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Shares in the owner of Kate Moss’ private members club Soho House fell out of fashion with investors last night, as it ended its stock market debut 9.6% lower.</p><p><blockquote>昨晚，凯特·莫斯(Kate Moss)私人会员俱乐部Soho House的所有者的股票在投资者中不再流行，该公司在股市首次亮相时下跌了9.6%。</blockquote></p><p> Membership Collective Group (MCG), which has expanded its exclusive clubs into a dozen countries across the globe, saw its stock drop to less $12.66 after its first day of trading in New York, valuing the firm at $2.5bn (£1.8bn).</p><p><blockquote>Membership Collective Group(MCG)已将其专属俱乐部扩展到全球十几个国家，其股价在纽约首日交易后跌至不到12.66美元，该公司估值为25亿美元（18亿英镑）。</blockquote></p><p> It had raised $420m in its initial public offering (IPO) led by JPMorgan, Morgan Stanley and Bank of America Corp, and sold 30 million shares at $14 each, at the lower end of expectations. It had previously said it would list at between $14 and $16 a share.</p><p><blockquote>该公司在摩根大通、摩根士丹利和美国银行牵头的首次公开募股(IPO)中筹集了4.2亿美元，并以每股14美元的价格出售了3000万股股票，低于预期的下限。该公司此前曾表示，上市价格将在每股14至16美元之间。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f8f426dda5ec6336ac3ed745b32148c\" tg-width=\"705\" tg-height=\"471\" referrerpolicy=\"no-referrer\"><span>MCG fell 9.6% on Thursday in its first day of trading in New York. Chart: Yahoo Finance</span></p><p><blockquote><p class=\"t-img-caption\"><span>MCG周四在纽约交易首日下跌9.6%。图表：雅虎财经</span></p></blockquote></p><p> The company was founded by its chief executive, Nick Jones, in 1995 in London’s Soho district as a venue for executives in the creative industries, It has clubs in cities including New York, Hong Kong, Amsterdam and Barcelona, and is planning to open additional clubs in Paris, Rome and Tel Aviv in the near future.</p><p><blockquote>该公司由首席执行官尼克·琼斯(Nick Jones)于1995年在伦敦索霍区创立，作为创意产业高管的场所，在纽约、香港、阿姆斯特丹和巴塞罗那等城市设有俱乐部，并计划在不久的将来在巴黎、罗马和特拉维夫开设更多俱乐部。</blockquote></p><p> However, despite its almost 120,000 members who pay up to $3,400 a year, and attracting celebrities such as supermodel Kate Moss to the clubs, it is yet to turn a profit after almost three decades.</p><p><blockquote>然而，尽管其拥有近12万名会员，每年支付高达3,400美元的费用，并吸引了超模凯特·莫斯(Kate Moss)等名人加入俱乐部，但近30年后仍未实现盈利。</blockquote></p><p> In the first quarter of the year it posted a loss of $93m on revenues of $72m as the impact of the coronavirus pandemic continued to wreak havoc on the business. This compared to losses of $45 million for the equivalent period a year ago.</p><p><blockquote>今年第一季度，由于冠状病毒大流行的影响继续对业务造成严重破坏，该公司营收为7200万美元，亏损9300万美元。相比之下，去年同期亏损4500万美元。</blockquote></p><p> Last year, losses came in at $384m in the 12 months to 3 January, according to its filings with the US Securities and Exchange Commission, with more than 1,000 of its employees being made redundant.</p><p><blockquote>根据该公司向美国证券交易委员会提交的文件，去年截至1月3日的12个月内亏损达3.84亿美元，裁员1000多名员工。</blockquote></p><p> MCG, which also owns The Ned hotel in London and the Scorpios beach club in Mykonos, revealed that less than a tenth of its members cancelled their subscriptions during the health crisis. Some 92% of them remained on the roster during 2020 despite clubs being forced to close.</p><p><blockquote>MCG还拥有伦敦的Ned酒店和米科诺斯岛的Scorpios海滩俱乐部，该公司透露，在健康危机期间，只有不到十分之一的会员取消了订阅。尽管俱乐部被迫关闭，但其中约92%的人在2020年仍留在名册上。</blockquote></p><p> “We think we’re coming out of COVID in a very good position,” Jones told Bloomberg in a TV interview. “We think there’s a lot of exciting growth opportunities.”</p><p><blockquote>琼斯在接受彭博社电视采访时表示：“我们认为我们在摆脱新冠疫情时处于非常有利的地位。”“我们认为有很多令人兴奋的增长机会。”</blockquote></p><p> He added that the company’s IPO saw a huge demand for members looking to take part in the float, with around 20% subscribing for the maximum amount of 100 shares.</p><p><blockquote>他补充说，该公司的IPO对希望参与上市的会员需求巨大，约20%的会员认购了最多100股。</blockquote></p><p> “They've stayed so loyal during the pandemic, and they're really cheering from the sidelines at this stage of our lives,” he said.</p><p><blockquote>他说：“他们在大流行期间一直如此忠诚，在我们人生的这个阶段，他们真的在场边欢呼。”</blockquote></p><p> Jones is hoping to open another 16 Soho House “houses” by the end of 2023, taking the total to 46.</p><p><blockquote>琼斯希望到2023年底再开设16家Soho House“House”，使总数达到46家。</blockquote></p><p> The company also plans to launch a digital-only membership later this year, which will allow members to search for and be recommended to other members, as well as being able to communicate through direct messaging, audio and video.</p><p><blockquote>公司还计划今年晚些时候推出仅数字会员资格，会员可以搜索并推荐给其他会员，还可以通过直接消息、音频和视频进行交流。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/membership-collective-group-kate-moss-private-members-club-soho-house-crashes-new-york-debut-085858139.html\">finance.yahoo</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":{},"source_url":"https://finance.yahoo.com/news/membership-collective-group-kate-moss-private-members-club-soho-house-crashes-new-york-debut-085858139.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112405949","content_text":"Shares in the owner of Kate Moss’ private members club Soho House fell out of fashion with investors last night, as it ended its stock market debut 9.6% lower.\nMembership Collective Group (MCG), which has expanded its exclusive clubs into a dozen countries across the globe, saw its stock drop to less $12.66 after its first day of trading in New York, valuing the firm at $2.5bn (£1.8bn).\nIt had raised $420m in its initial public offering (IPO) led by JPMorgan, Morgan Stanley and Bank of America Corp, and sold 30 million shares at $14 each, at the lower end of expectations. It had previously said it would list at between $14 and $16 a share.\nMCG fell 9.6% on Thursday in its first day of trading in New York. Chart: Yahoo Finance\nThe company was founded by its chief executive, Nick Jones, in 1995 in London’s Soho district as a venue for executives in the creative industries, It has clubs in cities including New York, Hong Kong, Amsterdam and Barcelona, and is planning to open additional clubs in Paris, Rome and Tel Aviv in the near future.\nHowever, despite its almost 120,000 members who pay up to $3,400 a year, and attracting celebrities such as supermodel Kate Moss to the clubs, it is yet to turn a profit after almost three decades.\nIn the first quarter of the year it posted a loss of $93m on revenues of $72m as the impact of the coronavirus pandemic continued to wreak havoc on the business. This compared to losses of $45 million for the equivalent period a year ago.\nLast year, losses came in at $384m in the 12 months to 3 January, according to its filings with the US Securities and Exchange Commission, with more than 1,000 of its employees being made redundant.\nMCG, which also owns The Ned hotel in London and the Scorpios beach club in Mykonos, revealed that less than a tenth of its members cancelled their subscriptions during the health crisis. Some 92% of them remained on the roster during 2020 despite clubs being forced to close.\n“We think we’re coming out of COVID in a very good position,” Jones told Bloomberg in a TV interview. “We think there’s a lot of exciting growth opportunities.”\nHe added that the company’s IPO saw a huge demand for members looking to take part in the float, with around 20% subscribing for the maximum amount of 100 shares.\n“They've stayed so loyal during the pandemic, and they're really cheering from the sidelines at this stage of our lives,” he said.\nJones is hoping to open another 16 Soho House “houses” by the end of 2023, taking the total to 46.\nThe company also plans to launch a digital-only membership later this year, which will allow members to search for and be recommended to other members, as well as being able to communicate through direct messaging, audio and video.","news_type":1,"symbols_score_info":{"MCG":0.9}},"isVote":1,"tweetType":1,"viewCount":1898,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170207632,"gmtCreate":1626432927526,"gmtModify":1631891449730,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170207632","repostId":"1127811524","repostType":4,"repost":{"id":"1127811524","kind":"news","pubTimestamp":1626426804,"share":"https://www.laohu8.com/m/news/1127811524?lang=zh_CN&edition=full","pubTime":"2021-07-16 17:13","market":"us","language":"en","title":"Tesla Model S, Model X Long Range Price Increases Reach China After US Hikes<blockquote>美国涨价后，特斯拉Model S、Model X长续航版涨价波及中国</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127811524","media":"Benzinga","summary":"Tesla Inc has raised the prices of the long-range variants of the Model S sedan and Model X SUV in C","content":"<p><div> Tesla Inc has raised the prices of the long-range variants of the Model S sedan and Model X SUV in China, days after a similar price hike in the United States. What Happened:The Palo Alto, California-...</p><p><blockquote><div>特斯拉公司提高了Model S轿车和Model X SUV长续航车型在中国的价格，几天前，美国也进行了类似的提价。发生了什么：加州帕洛阿尔托-...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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>Tesla Model S, Model X Long Range Price Increases Reach China After US Hikes<blockquote>美国涨价后，特斯拉Model S、Model X长续航版涨价波及中国</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\">\nTesla Model S, Model X Long Range Price Increases Reach China After US Hikes<blockquote>美国涨价后，特斯拉Model S、Model X长续航版涨价波及中国</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-07-16 17:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Tesla Inc has raised the prices of the long-range variants of the Model S sedan and Model X SUV in China, days after a similar price hike in the United States. What Happened:The Palo Alto, California-...</p><p><blockquote><div>特斯拉公司提高了Model S轿车和Model X SUV长续航车型在中国的价格，几天前，美国也进行了类似的提价。发生了什么：加州帕洛阿尔托-...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes\">Benzinga</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":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127811524","content_text":"Tesla Inc has raised the prices of the long-range variants of the Model S sedan and Model X SUV in China, days after a similar price hike in the United States.\nWhat Happened:The Palo Alto, California-based automaker has quietly updated the China website to reflect the increase in prices by about $4,638 each.\nThe Price Hike:The Model S Long Range is now priced at RMB 829,990 (about $118,538) and Model X Long Range is RMB 879,990 (about $125,679).\nEarlier this month, Tesla customers in the U.S. faced a price hike for both the Model S and X long-range versions. Tesla already increased the price of thePlaid Model S by $10,000earlier this year.\nThe Elon Musk-led automaker has also started accepting bookings for itslocally built and more affordable variantof the electric mid-size SUV Model Y’s standard variant in China.\nMusk had a month ago blamed industry-wide supply chain issuesand semiconductor shortages for those price hikes.\nModel S and X vehicles are the company's most expensive, flagship vehicles. The S and X recently underwent a refresh, with a new interior and exterior design for a more modern look along with efficiency and range improvements.\nWhy It Matters:As per cnEVpost, which first reported the news, Tesla's frequent price cuts in the past have usually been met with criticism from owners in China, while the company claims it is giving consumers a discount with the cost savings from local production.\nChina is key to Tesla’s future growth plans and to fulfilling its ambition to deliver 20 million electric vehicles annually within a decade. The world’s largest automotive market already contributes nearly 30% of Tesla's global sales and is its second-largest market after the United States.\nPrice Action:Tesla shares closed 0.43% lower at $650.60 on Thursday.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1725,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170204457,"gmtCreate":1626432858379,"gmtModify":1631891449748,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170204457","repostId":"1169060602","repostType":4,"repost":{"id":"1169060602","kind":"news","pubTimestamp":1626427921,"share":"https://www.laohu8.com/m/news/1169060602?lang=zh_CN&edition=full","pubTime":"2021-07-16 17:32","market":"us","language":"en","title":"An 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169060602","media":"CNN","summary":"New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy rid","content":"<p>New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.</p><p><blockquote>纽约（CNN商业）贝佐斯的火箭公司蓝色起源周四宣布，出价2800万美元与杰夫·贝索斯一起前往太空边缘11分钟欢乐之旅的神秘竞标者将不会成行。</blockquote></p><p> Blue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.</p><p><blockquote>蓝色起源在一份新闻稿中表示，这位要求暂时保持匿名的人士因“日程安排冲突”而不得不退出。获胜者将在未来的任务中占据一席之地。与贝佐斯、他的兄弟马克·贝佐斯以及82岁的飞行员、“水星13号”女性之一沃利·芬克（Wally Funk）一起飞行的将是一名18岁的高中毕业生奥利弗·代蒙（Oliver Daemen）。</blockquote></p><p> The flight is slated for July 20.</p><p><blockquote>该航班定于7月20日起飞。</blockquote></p><p> Daemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.</p><p><blockquote>代蒙“是拍卖的参与者，并在第二个航班上获得了一个座位。当第一个航班的这个座位有空时，我们把他提升了，”蓝色起源发言人告诉CNN Business。“我们不会透露他付了多少钱。”一位知情人士称，代蒙的位置是他的父亲乔斯·代蒙为他购买的，乔斯·代蒙是荷兰投资公司萨默塞特资本合伙公司的创始人兼首席执行官。</blockquote></p><p> Daemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.</p><p><blockquote>代蒙计划今年秋天就读于荷兰乌得勒支大学，他将成为有史以来飞往太空的最年轻的人，而芬克将成为最年长的人。</blockquote></p><p> This trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.</p><p><blockquote>这次旅行将标志着蓝色起源的亚轨道太空旅游火箭“新谢泼德”的首次载人飞行，该公司利用这一事实作为卖点，导致了上个月的一场直播竞购战。</blockquote></p><p> The $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.</p><p><blockquote>2800万美元的出价远远高于大多数人的预期。蓝色起源将这笔钱捐赠给了其非营利组织“未来俱乐部”，该组织致力于鼓励儿童的科技教育。未来俱乐部反过来将其中的1900万美元捐赠给了各种专注于太空的非营利组织，包括布鲁克·欧文斯奖学金（Brooke Owens Fellowship），这是一个女性科技奖学金基金，以及阿拉巴马州著名但财务困难的太空营。</blockquote></p><p> Blue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.</p><p><blockquote>蓝色起源在过去十年的大部分时间里都在运行亚轨道新谢泼德火箭，进行了一系列成功的试飞，这些试飞都是完全自动化的，到目前为止还没有载人。该公司上个月宣布，终于准备好开始为乘客安排航班，2000年创立蓝色起源的亚马逊亿万富翁贝佐斯将首次执行这项任务。</blockquote></p><p> According to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.</p><p><blockquote>根据该公司的网站，谁可以乘坐New Shepard航班有一些限制：每个人都必须年满18岁，身体状况良好，可以在一分半钟内爬七段楼梯，身高在5英尺0英寸到6英尺4英寸之间，体重在110磅到223磅之间。乘客还必须能够在不到15秒的时间内系好和解开安全带，在舱口关闭的情况下将安全带绑在太空舱中长达一个半小时，并在下降过程中承受高达5.5克的力。</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>An 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</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\">\nAn 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-07-16 17:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.</p><p><blockquote>纽约（CNN商业）贝佐斯的火箭公司蓝色起源周四宣布，出价2800万美元与杰夫·贝索斯一起前往太空边缘11分钟欢乐之旅的神秘竞标者将不会成行。</blockquote></p><p> Blue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.</p><p><blockquote>蓝色起源在一份新闻稿中表示，这位要求暂时保持匿名的人士因“日程安排冲突”而不得不退出。获胜者将在未来的任务中占据一席之地。与贝佐斯、他的兄弟马克·贝佐斯以及82岁的飞行员、“水星13号”女性之一沃利·芬克（Wally Funk）一起飞行的将是一名18岁的高中毕业生奥利弗·代蒙（Oliver Daemen）。</blockquote></p><p> The flight is slated for July 20.</p><p><blockquote>该航班定于7月20日起飞。</blockquote></p><p> Daemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.</p><p><blockquote>代蒙“是拍卖的参与者，并在第二个航班上获得了一个座位。当第一个航班的这个座位有空时，我们把他提升了，”蓝色起源发言人告诉CNN Business。“我们不会透露他付了多少钱。”一位知情人士称，代蒙的位置是他的父亲乔斯·代蒙为他购买的，乔斯·代蒙是荷兰投资公司萨默塞特资本合伙公司的创始人兼首席执行官。</blockquote></p><p> Daemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.</p><p><blockquote>代蒙计划今年秋天就读于荷兰乌得勒支大学，他将成为有史以来飞往太空的最年轻的人，而芬克将成为最年长的人。</blockquote></p><p> This trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.</p><p><blockquote>这次旅行将标志着蓝色起源的亚轨道太空旅游火箭“新谢泼德”的首次载人飞行，该公司利用这一事实作为卖点，导致了上个月的一场直播竞购战。</blockquote></p><p> The $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.</p><p><blockquote>2800万美元的出价远远高于大多数人的预期。蓝色起源将这笔钱捐赠给了其非营利组织“未来俱乐部”，该组织致力于鼓励儿童的科技教育。未来俱乐部反过来将其中的1900万美元捐赠给了各种专注于太空的非营利组织，包括布鲁克·欧文斯奖学金（Brooke Owens Fellowship），这是一个女性科技奖学金基金，以及阿拉巴马州著名但财务困难的太空营。</blockquote></p><p> Blue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.</p><p><blockquote>蓝色起源在过去十年的大部分时间里都在运行亚轨道新谢泼德火箭，进行了一系列成功的试飞，这些试飞都是完全自动化的，到目前为止还没有载人。该公司上个月宣布，终于准备好开始为乘客安排航班，2000年创立蓝色起源的亚马逊亿万富翁贝佐斯将首次执行这项任务。</blockquote></p><p> According to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.</p><p><blockquote>根据该公司的网站，谁可以乘坐New Shepard航班有一些限制：每个人都必须年满18岁，身体状况良好，可以在一分半钟内爬七段楼梯，身高在5英尺0英寸到6英尺4英寸之间，体重在110磅到223磅之间。乘客还必须能够在不到15秒的时间内系好和解开安全带，在舱口关闭的情况下将安全带绑在太空舱中长达一个半小时，并在下降过程中承受高达5.5克的力。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/07/15/tech/jeff-bezos-blue-origin-flight-passenger-scn/index.html\">CNN</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":{"AMZN":"亚马逊"},"source_url":"https://edition.cnn.com/2021/07/15/tech/jeff-bezos-blue-origin-flight-passenger-scn/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169060602","content_text":"New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.\nBlue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.\nThe flight is slated for July 20.\nDaemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.\nDaemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.\nThis trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.\nThe $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.\nBlue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.\nAccording to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144788487,"gmtCreate":1626314610049,"gmtModify":1631891449763,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"Will you still buy airline stocks ?","listText":"Will you still buy airline stocks ?","text":"Will you still buy airline stocks ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144788487","repostId":"1104897195","repostType":4,"isVote":1,"tweetType":1,"viewCount":2134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144783673,"gmtCreate":1626314529992,"gmtModify":1631888361058,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"Agree with Old Yee👍","listText":"Agree with Old Yee👍","text":"Agree with Old Yee👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144783673","repostId":"1192600062","repostType":4,"repost":{"id":"1192600062","kind":"news","pubTimestamp":1626312669,"share":"https://www.laohu8.com/m/news/1192600062?lang=zh_CN&edition=full","pubTime":"2021-07-15 09:31","market":"us","language":"en","title":"Fed Chair Powell hints on digital dollar timing<blockquote>美联储主席鲍威尔暗示数字美元时机</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1192600062","media":"Fox Business","summary":"Powell said the central bank is working hard on the report.","content":"<p>  Powell said the central bank is working hard on the report.  <ul>  <li><b>Stocks mixed after Fed Chair Powell eases taper fears.</b>&nbsp;Slatestone Wealth Chief Market Strategist Kenny Polcari, Ladenburg Thalmann Asset Management CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on the state of the economy and Fed Chair Jerome Powell's remarks.</li> </ul> Federal Reserve Chairman&nbsp;Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.</p><p><blockquote>鲍威尔表示，央行正在努力编写这份报告。<ul><li><b>美联储主席鲍威尔缓解缩减担忧后，股市涨跌互现。</b>Slatestone Wealth首席市场策略师Kenny Polcari、Ladenburg Thalmann资产管理公司首席执行官Phil Blancato和Kaltbaum Capital Management总裁Gary Kaltbaum就经济状况和美联储主席杰罗姆·鲍威尔的讲话发表了讲话。</li></ul>美联储主席杰罗姆·鲍威尔表示，美联储正在推进有关自己的数字美元的研究和公共宣传，今年秋天可能会发布一份白皮书。</blockquote></p><p> \"We expect to publish a report around – could be early September, plus or minus, in that timeframe,\" Powell said in testimony before the U.S. House of Representatives Financial Services. \"We’re working hard on it right now.\"</p><p><blockquote>鲍威尔在美国众议院金融服务部作证时表示：“我们预计在9月初左右发布一份报告，可能是正负。”“我们现在正在努力。”</blockquote></p><p> The report will address digital payments broadly, including items like stablecoins and crypto assets, which Powell said are at a \"critical point in terms of the appropriate regulation.\"</p><p><blockquote>该报告将广泛讨论数字支付，包括稳定币和加密资产等项目，鲍威尔表示，这些项目正处于“适当监管的临界点”。</blockquote></p><p> Stablecoins refer to a digital currency that ties its market value to an outside asset, like the U.S. dollar, for price stabilization.</p><p><blockquote>稳定币是指一种数字货币，将其市场价值与美元等外部资产挂钩，以稳定价格。</blockquote></p><p> In the case of a central bank digital currency, Powell said officials are working on laying out questions for the public to respond to.</p><p><blockquote>鲍威尔表示，就央行数字货币而言，官员们正在努力提出问题供公众做出回应。</blockquote></p><p> \"We want to begin really a major public consultation across many different groups, including Congress of course,\" Powell said.</p><p><blockquote>鲍威尔说：“我们希望在许多不同团体中开始真正的重大公众咨询，当然包括国会。”</blockquote></p><p> The report will also address the benefits and drawbacks, including a lessened need for multiple alternative forms of cryptocurrencies that could create risk.</p><p><blockquote>该报告还将讨论优点和缺点，包括减少对可能产生风险的多种替代形式的加密货币的需求。</blockquote></p><p> \"Particularly, you wouldn’t need stablecoins, you wouldn’t need cryptocurrencies if you had a digital U.S. currency - I think that’s one of the stronger arguments in its favor,\" Powell said.</p><p><blockquote>鲍威尔表示：“特别是，如果你拥有数字美元货币，你就不需要稳定币，也不需要加密货币——我认为这是支持它的更有力的论据之一。”</blockquote></p><p> The Fed chair indicated there was still a lot of work left to do on both the technical and policy sides.</p><p><blockquote>美联储主席表示，在技术和政策方面仍有大量工作要做。</blockquote></p><p> He said the U.S. was not in danger of losing its role as the world’s reserve currency, which offered an advantage as it worked toward a digital dollar.</p><p><blockquote>他表示，美国没有失去世界储备货币角色的危险，这在美国迈向数字美元的过程中提供了优势。</blockquote></p><p> \"We have first mover advantage by virtue of that,\" Powell said. \"So I think it’s way more important to get it right than it is to do it fast.\"</p><p><blockquote>“凭借这一点，我们拥有先发优势，”鲍威尔说。“所以我认为把事情做好比快速完成更重要。”</blockquote></p><p> Federal Reserve Governor Lael Brainard said in May that the Federal Reserve was increasing its engagement in the research and development of a digital version of the U.S. dollar.</p><p><blockquote>美联储理事莱尔·布雷纳德在5月份表示，美联储正在加大对数字版美元研发的参与力度。</blockquote></p><p></p>","source":"lsy1602566126337","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>Fed Chair Powell hints on digital dollar timing<blockquote>美联储主席鲍威尔暗示数字美元时机</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\">\nFed Chair Powell hints on digital dollar timing<blockquote>美联储主席鲍威尔暗示数字美元时机</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Fox Business</strong><span class=\"h-time small\">2021-07-15 09:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Powell said the central bank is working hard on the report.  <ul>  <li><b>Stocks mixed after Fed Chair Powell eases taper fears.</b>&nbsp;Slatestone Wealth Chief Market Strategist Kenny Polcari, Ladenburg Thalmann Asset Management CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on the state of the economy and Fed Chair Jerome Powell's remarks.</li> </ul> Federal Reserve Chairman&nbsp;Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.</p><p><blockquote>鲍威尔表示，央行正在努力编写这份报告。<ul><li><b>美联储主席鲍威尔缓解缩减担忧后，股市涨跌互现。</b>Slatestone Wealth首席市场策略师Kenny Polcari、Ladenburg Thalmann资产管理公司首席执行官Phil Blancato和Kaltbaum Capital Management总裁Gary Kaltbaum就经济状况和美联储主席杰罗姆·鲍威尔的讲话发表了讲话。</li></ul>美联储主席杰罗姆·鲍威尔表示，美联储正在推进有关自己的数字美元的研究和公共宣传，今年秋天可能会发布一份白皮书。</blockquote></p><p> \"We expect to publish a report around – could be early September, plus or minus, in that timeframe,\" Powell said in testimony before the U.S. House of Representatives Financial Services. \"We’re working hard on it right now.\"</p><p><blockquote>鲍威尔在美国众议院金融服务部作证时表示：“我们预计在9月初左右发布一份报告，可能是正负。”“我们现在正在努力。”</blockquote></p><p> The report will address digital payments broadly, including items like stablecoins and crypto assets, which Powell said are at a \"critical point in terms of the appropriate regulation.\"</p><p><blockquote>该报告将广泛讨论数字支付，包括稳定币和加密资产等项目，鲍威尔表示，这些项目正处于“适当监管的临界点”。</blockquote></p><p> Stablecoins refer to a digital currency that ties its market value to an outside asset, like the U.S. dollar, for price stabilization.</p><p><blockquote>稳定币是指一种数字货币，将其市场价值与美元等外部资产挂钩，以稳定价格。</blockquote></p><p> In the case of a central bank digital currency, Powell said officials are working on laying out questions for the public to respond to.</p><p><blockquote>鲍威尔表示，就央行数字货币而言，官员们正在努力提出问题供公众做出回应。</blockquote></p><p> \"We want to begin really a major public consultation across many different groups, including Congress of course,\" Powell said.</p><p><blockquote>鲍威尔说：“我们希望在许多不同团体中开始真正的重大公众咨询，当然包括国会。”</blockquote></p><p> The report will also address the benefits and drawbacks, including a lessened need for multiple alternative forms of cryptocurrencies that could create risk.</p><p><blockquote>该报告还将讨论优点和缺点，包括减少对可能产生风险的多种替代形式的加密货币的需求。</blockquote></p><p> \"Particularly, you wouldn’t need stablecoins, you wouldn’t need cryptocurrencies if you had a digital U.S. currency - I think that’s one of the stronger arguments in its favor,\" Powell said.</p><p><blockquote>鲍威尔表示：“特别是，如果你拥有数字美元货币，你就不需要稳定币，也不需要加密货币——我认为这是支持它的更有力的论据之一。”</blockquote></p><p> The Fed chair indicated there was still a lot of work left to do on both the technical and policy sides.</p><p><blockquote>美联储主席表示，在技术和政策方面仍有大量工作要做。</blockquote></p><p> He said the U.S. was not in danger of losing its role as the world’s reserve currency, which offered an advantage as it worked toward a digital dollar.</p><p><blockquote>他表示，美国没有失去世界储备货币角色的危险，这在美国迈向数字美元的过程中提供了优势。</blockquote></p><p> \"We have first mover advantage by virtue of that,\" Powell said. \"So I think it’s way more important to get it right than it is to do it fast.\"</p><p><blockquote>“凭借这一点，我们拥有先发优势，”鲍威尔说。“所以我认为把事情做好比快速完成更重要。”</blockquote></p><p> Federal Reserve Governor Lael Brainard said in May that the Federal Reserve was increasing its engagement in the research and development of a digital version of the U.S. dollar.</p><p><blockquote>美联储理事莱尔·布雷纳德在5月份表示，美联储正在加大对数字版美元研发的参与力度。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.foxbusiness.com/economy/fed-chair-powell-hints-on-digital-dollar-timing\">Fox Business</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","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.foxbusiness.com/economy/fed-chair-powell-hints-on-digital-dollar-timing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192600062","content_text":"Powell said the central bank is working hard on the report.\n\n\nStocks mixed after Fed Chair Powell eases taper fears. Slatestone Wealth Chief Market Strategist Kenny Polcari, Ladenburg Thalmann Asset Management CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on the state of the economy and Fed Chair Jerome Powell's remarks.\n\nFederal Reserve Chairman Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.\n\"We expect to publish a report around – could be early September, plus or minus, in that timeframe,\" Powell said in testimony before the U.S. House of Representatives Financial Services. \"We’re working hard on it right now.\"\nThe report will address digital payments broadly, including items like stablecoins and crypto assets, which Powell said are at a \"critical point in terms of the appropriate regulation.\"\nStablecoins refer to a digital currency that ties its market value to an outside asset, like the U.S. dollar, for price stabilization.\nIn the case of a central bank digital currency, Powell said officials are working on laying out questions for the public to respond to.\n\"We want to begin really a major public consultation across many different groups, including Congress of course,\" Powell said.\nThe report will also address the benefits and drawbacks, including a lessened need for multiple alternative forms of cryptocurrencies that could create risk.\n\"Particularly, you wouldn’t need stablecoins, you wouldn’t need cryptocurrencies if you had a digital U.S. currency - I think that’s one of the stronger arguments in its favor,\" Powell said.\nThe Fed chair indicated there was still a lot of work left to do on both the technical and policy sides.\nHe said the U.S. was not in danger of losing its role as the world’s reserve currency, which offered an advantage as it worked toward a digital dollar.\n\"We have first mover advantage by virtue of that,\" Powell said. \"So I think it’s way more important to get it right than it is to do it fast.\"\nFederal Reserve Governor Lael Brainard said in May that the Federal Reserve was increasing its engagement in the research and development of a digital version of the U.S. dollar.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144715926,"gmtCreate":1626314296765,"gmtModify":1631891449766,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"Wow 👍","listText":"Wow 👍","text":"Wow 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144715926","repostId":"1135572056","repostType":4,"repost":{"id":"1135572056","kind":"news","pubTimestamp":1626311688,"share":"https://www.laohu8.com/m/news/1135572056?lang=zh_CN&edition=full","pubTime":"2021-07-15 09:14","market":"us","language":"en","title":"Elon Musk Reveals Tesla's Billion Dollar Backlog<blockquote>Elon Musk透露特斯拉10亿美元积压订单</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135572056","media":"The Street","summary":"Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.","content":"<p>  Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.  During Elon&nbsp;Musk’stestimony&nbsp;in defense of a SolarCity acquisition related lawsuit on Tuesday, the Tesla CEO revealed that the company has about 80,000Tesla Powerwallorders waiting to be delivered.</p><p><blockquote>特斯拉首席执行官Elon Musk周二透露了有关特斯拉业务线之一的关键信息——以下是详细信息。在Elon Musk周二为SolarCity收购相关诉讼辩护的证词中，这位特斯拉首席执行官透露，该公司有大约8万台特斯拉PowerWallOrder等待交付。</blockquote></p><p> Order holders might be waiting awhile.</p><p><blockquote>订单持有者可能会等待一段时间。</blockquote></p><p> Musk said that Tesla may be able to produce 30,000 - 35,000 Powerwalls in the third quarter in a \"best case\" scenario. The number provides new context for a comment made on Tesla's Q1 earnings call by CFO Zachary Kirkhorn, who stated Tesla had a“multi-quarter backlog” of Powerwall orders. Musk attributed the well-documented semiconductor shortage to Powerwall production constraints.</p><p><blockquote>Musk表示，在“最好的情况”下，特斯拉可能能够在第三季度生产3万-3.5万辆Powerwall。这一数字为首席财务官Zachary Kirkhorn对特斯拉第一季度盈利看涨期权的评论提供了新的背景，他表示特斯拉有“多个季度的积压”Powerwall订单。马斯克将有据可查的半导体短缺归因于Powerwall生产限制。</blockquote></p><p> <b>Production</b></p><p><blockquote><b>生产</b></blockquote></p><p> In late May,Tesla announcedthat the company had eclipsed&nbsp;200,000 Powerwalls&nbsp;installed worldwide since inception — totaling more than 2 gigawatt-hours of battery storage. In early 2020,Tesla disclosed&nbsp;their 100,000th installation which points to quarterly Powerwall production of around 20,000 to 25,000 units over the last year.</p><p><blockquote>5月下旬，特斯拉宣布，自成立以来，该公司已在全球安装了20万个Powerwalls，电池存储总量超过2千兆瓦时。2020年初，特斯拉披露了其第100,000台安装量，这表明去年Powerwall的季度产量约为20,000至25,000台。</blockquote></p><p> While Musk's ~30,000 unit third quarter production target won't nearly satisfy demand, it does appear to be an increase from past quarters. At the current rate of production, some Tesla Powerwall orderers may be waiting up to nine months for delivery.</p><p><blockquote>虽然马斯克第三季度约30,000辆的产量目标无法满足需求，但似乎确实比过去几个季度有所增加。按照目前的生产速度，一些特斯拉Powerwall订购商可能需要等待长达九个月的时间才能交付。</blockquote></p><p> Tesla lists the price of a single Powerwall at $10,500. With 80,000 orders, Tesla's backlog could represent nearly $1 billion in revenue. While bundling multiple Powerwalls does lower the per-unit price, Tesla recently started requiring the purchase of solar panels with each Powerwall order. Taken together, Tesla's order book for residential energy products seems to easily<b>exceed $1 billion</b>.</p><p><blockquote>特斯拉列出的单个Powerwall的价格为10,500美元。凭借80,000份订单，特斯拉的积压订单可能代表近10亿美元的收入。虽然捆绑多个Powerwall确实降低了单价，但特斯拉最近开始要求在每个Powerwall订单中购买太阳能电池板。综合来看，特斯拉住宅能源产品的订单似乎很容易<b>超过10亿美元</b>.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99880102385b7bbabebfc9b87ecd3a38\" tg-width=\"700\" tg-height=\"522\" referrerpolicy=\"no-referrer\">Each Powerwall has 13.5 kilowatt-hours of energy storage capacity which puts Tesla's order backlog at over 1 gigawatt-hour in total. When will Tesla be able to catch up to Powerwall demand?</p><p><blockquote>每个Powerwall的储能容量为13.5千瓦时，这使得特斯拉的积压订单总量超过1吉瓦时。特斯拉什么时候才能赶上Powerwall的需求？</blockquote></p><p></p>","source":"lsy1610613172068","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>Elon Musk Reveals Tesla's Billion Dollar Backlog<blockquote>Elon Musk透露特斯拉10亿美元积压订单</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\">\nElon Musk Reveals Tesla's Billion Dollar Backlog<blockquote>Elon Musk透露特斯拉10亿美元积压订单</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-15 09:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.  During Elon&nbsp;Musk’stestimony&nbsp;in defense of a SolarCity acquisition related lawsuit on Tuesday, the Tesla CEO revealed that the company has about 80,000Tesla Powerwallorders waiting to be delivered.</p><p><blockquote>特斯拉首席执行官Elon Musk周二透露了有关特斯拉业务线之一的关键信息——以下是详细信息。在Elon Musk周二为SolarCity收购相关诉讼辩护的证词中，这位特斯拉首席执行官透露，该公司有大约8万台特斯拉PowerWallOrder等待交付。</blockquote></p><p> Order holders might be waiting awhile.</p><p><blockquote>订单持有者可能会等待一段时间。</blockquote></p><p> Musk said that Tesla may be able to produce 30,000 - 35,000 Powerwalls in the third quarter in a \"best case\" scenario. The number provides new context for a comment made on Tesla's Q1 earnings call by CFO Zachary Kirkhorn, who stated Tesla had a“multi-quarter backlog” of Powerwall orders. Musk attributed the well-documented semiconductor shortage to Powerwall production constraints.</p><p><blockquote>Musk表示，在“最好的情况”下，特斯拉可能能够在第三季度生产3万-3.5万辆Powerwall。这一数字为首席财务官Zachary Kirkhorn对特斯拉第一季度盈利看涨期权的评论提供了新的背景，他表示特斯拉有“多个季度的积压”Powerwall订单。马斯克将有据可查的半导体短缺归因于Powerwall生产限制。</blockquote></p><p> <b>Production</b></p><p><blockquote><b>生产</b></blockquote></p><p> In late May,Tesla announcedthat the company had eclipsed&nbsp;200,000 Powerwalls&nbsp;installed worldwide since inception — totaling more than 2 gigawatt-hours of battery storage. In early 2020,Tesla disclosed&nbsp;their 100,000th installation which points to quarterly Powerwall production of around 20,000 to 25,000 units over the last year.</p><p><blockquote>5月下旬，特斯拉宣布，自成立以来，该公司已在全球安装了20万个Powerwalls，电池存储总量超过2千兆瓦时。2020年初，特斯拉披露了其第100,000台安装量，这表明去年Powerwall的季度产量约为20,000至25,000台。</blockquote></p><p> While Musk's ~30,000 unit third quarter production target won't nearly satisfy demand, it does appear to be an increase from past quarters. At the current rate of production, some Tesla Powerwall orderers may be waiting up to nine months for delivery.</p><p><blockquote>虽然马斯克第三季度约30,000辆的产量目标无法满足需求，但似乎确实比过去几个季度有所增加。按照目前的生产速度，一些特斯拉Powerwall订购商可能需要等待长达九个月的时间才能交付。</blockquote></p><p> Tesla lists the price of a single Powerwall at $10,500. With 80,000 orders, Tesla's backlog could represent nearly $1 billion in revenue. While bundling multiple Powerwalls does lower the per-unit price, Tesla recently started requiring the purchase of solar panels with each Powerwall order. Taken together, Tesla's order book for residential energy products seems to easily<b>exceed $1 billion</b>.</p><p><blockquote>特斯拉列出的单个Powerwall的价格为10,500美元。凭借80,000份订单，特斯拉的积压订单可能代表近10亿美元的收入。虽然捆绑多个Powerwall确实降低了单价，但特斯拉最近开始要求在每个Powerwall订单中购买太阳能电池板。综合来看，特斯拉住宅能源产品的订单似乎很容易<b>超过10亿美元</b>.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99880102385b7bbabebfc9b87ecd3a38\" tg-width=\"700\" tg-height=\"522\" referrerpolicy=\"no-referrer\">Each Powerwall has 13.5 kilowatt-hours of energy storage capacity which puts Tesla's order backlog at over 1 gigawatt-hour in total. When will Tesla be able to catch up to Powerwall demand?</p><p><blockquote>每个Powerwall的储能容量为13.5千瓦时，这使得特斯拉的积压订单总量超过1吉瓦时。特斯拉什么时候才能赶上Powerwall的需求？</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/tesla/news/elon-musk-reveals-teslas-billion-dollar-backlog-tsla\">The Street</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":{"TSLA":"特斯拉"},"source_url":"https://www.thestreet.com/tesla/news/elon-musk-reveals-teslas-billion-dollar-backlog-tsla","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135572056","content_text":"Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.\n\nDuring Elon Musk’stestimony in defense of a SolarCity acquisition related lawsuit on Tuesday, the Tesla CEO revealed that the company has about 80,000Tesla Powerwallorders waiting to be delivered.\nOrder holders might be waiting awhile.\nMusk said that Tesla may be able to produce 30,000 - 35,000 Powerwalls in the third quarter in a \"best case\" scenario. The number provides new context for a comment made on Tesla's Q1 earnings call by CFO Zachary Kirkhorn, who stated Tesla had a“multi-quarter backlog” of Powerwall orders. Musk attributed the well-documented semiconductor shortage to Powerwall production constraints.\nProduction\nIn late May,Tesla announcedthat the company had eclipsed 200,000 Powerwalls installed worldwide since inception — totaling more than 2 gigawatt-hours of battery storage. In early 2020,Tesla disclosed their 100,000th installation which points to quarterly Powerwall production of around 20,000 to 25,000 units over the last year.\nWhile Musk's ~30,000 unit third quarter production target won't nearly satisfy demand, it does appear to be an increase from past quarters. At the current rate of production, some Tesla Powerwall orderers may be waiting up to nine months for delivery.\nTesla lists the price of a single Powerwall at $10,500. With 80,000 orders, Tesla's backlog could represent nearly $1 billion in revenue. While bundling multiple Powerwalls does lower the per-unit price, Tesla recently started requiring the purchase of solar panels with each Powerwall order. Taken together, Tesla's order book for residential energy products seems to easilyexceed $1 billion.\nEach Powerwall has 13.5 kilowatt-hours of energy storage capacity which puts Tesla's order backlog at over 1 gigawatt-hour in total. When will Tesla be able to catch up to Powerwall demand?","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1900,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146168526,"gmtCreate":1626059809565,"gmtModify":1631891449777,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"Don’t rush in at these level 😀","listText":"Don’t rush in at these level 😀","text":"Don’t rush in at these level 😀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/146168526","repostId":"1154588051","repostType":4,"repost":{"id":"1154588051","kind":"news","pubTimestamp":1626057206,"share":"https://www.laohu8.com/m/news/1154588051?lang=zh_CN&edition=full","pubTime":"2021-07-12 10:33","market":"us","language":"en","title":"Is It Too Late to Buy NVIDIA Stock?<blockquote>现在购买英伟达股票还来得及吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154588051","media":"Motley Fool","summary":"The chipmaking giant has posted some serious share price gains over the past year.\n\nKey Points\n\nNVID","content":"<p>  <b>The chipmaking giant has posted some serious share price gains over the past year.</b>  Key Points</p><p><blockquote><b>这家芯片制造巨头的股价在过去一年中大幅上涨。</b>要点</blockquote></p><p> <ul>  <li>NVIDIA trades close to record valuations.</li>  <li>GPUs continue to become an increasingly important component of tech innovation.</li>  <li>A limited outlook gives investors little visibility beyond the second quarter.</li> </ul> <b>NVIDIA</b>(NASDAQ:NVDA)shareholders have been benefiting mightily from the ongoing chip shortage, as well as from the popularity of the company's offerings for GPU-based applications. Thechip stockhas rallied by nearly 240% since January 2020.</p><p><blockquote><ul><li>英伟达的估值接近创纪录水平。</li><li>GPU继续成为技术创新中越来越重要的组成部分。</li><li>有限的前景让投资者对第二季度之后的前景知之甚少。</li></ul><b>英伟达</b>（纳斯达克：NVDA）股东从持续的芯片短缺以及该公司基于GPU的应用产品的受欢迎程度中受益匪浅。自2020年1月以来，芯片股已上涨近240%。</blockquote></p><p> The magnitude of that surge has plenty of investors questioning whether there's still a chance to buy in, or if they have essentially missed out on their opportunity to profit from this particular rally. Let's take a closer look at NVIDIA and attempt to provide an answer.</p><p><blockquote>这种飙升的幅度让许多投资者质疑是否仍有机会买入，或者他们是否基本上错过了从这次特殊反弹中获利的机会。让我们仔细看看英伟达，并试图提供一个答案。</blockquote></p><p> <b>The state of the stock</b></p><p><blockquote><b>库存状态</b></blockquote></p><p> NVIDIA's share price has increased by just over 100% in the last 12 months, and its scheduled four-for-onestock split is less than two weeks away.</p><p><blockquote>NVIDIA的股价在过去12个月内上涨了100%多一点，距离其预定的四拆一股票分割还有不到两周的时间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/559f2527ced6eebe92cebc5c4bff9bbe\" tg-width=\"733\" tg-height=\"443\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> That stock price surge has taken NVIDIA's P/E ratio to almost 95. The stock has not seen such high valuations since the early 2000s. Moreover, when NVIDIA rallied in late 2016 and early 2018, P/E multiples above 50 amounted to sell signals -- the stock plummeted soon after hitting those levels.</p><p><blockquote>股价飙升使英伟达的市盈率接近95。自2000年代初以来，该股从未出现过如此高的估值。此外，当英伟达在2016年底和2018年初上涨时，市盈率超过50就相当于卖出信号——该股在触及这些水平后不久就暴跌。</blockquote></p><p> Additionally, it has become expensive compared to its peers. Archrival<b>AMD</b>sells for under 40 times earnings,<b>Qualcomm</b>trades at 20 times earnings, and<b>Intel</b>sports a P/E ratio of less than 13.</p><p><blockquote>此外，与同行相比，它变得昂贵。劲敌<b>AMD</b>市盈率低于40倍，<b>Qualcomm</b>市盈率为20倍，<b>英特尔</b>市盈率低于13。</blockquote></p><p> <b>Competitive advantages</b></p><p><blockquote><b>竞争优势</b></blockquote></p><p> On the positive side, NVIDIA possessives competitive edges in a number of tech niches. It has gained traction in the cryptocurrency space with a popular and powerful GPU specifically designed for mining digital tokens. It has built a presence in the realm of supercomputers -- its Cambridge-1 supercomputer will be used by businesses and academics to accelerate research in healthcare and genomics. Furthermore, assuming its proposed acquisition of Arm Holdings goes through, it could further widen its competitive moat, as many manufacturers use Arm's chips in devices such as digital TVs and smartphones.</p><p><blockquote>从积极的一面来看，英伟达在许多技术领域拥有竞争优势。它凭借专为挖掘数字代币而设计的流行而强大的GPU在加密货币领域获得了牵引力。它已经在超级计算机领域建立了影响力——其剑桥1号超级计算机将被企业和学术界用来加速医疗保健和基因组学的研究。此外，假设其对Arm Holdings的拟议收购获得通过，它可能会进一步拓宽其竞争护城河，因为许多制造商在数字电视和智能手机等设备中使用Arm的芯片。</blockquote></p><p> And its longtime core products -- GPUs for video gaming -- are helping it foster innovations in the growing market for artificial intelligence systems. Its chips will power key applications in self-driving cars, data centers, and cloud computing, among others. Additionally, its AI-on-5G platform will also aid in deploying AI-based applications across 5G networks.</p><p><blockquote>其长期核心产品——用于视频游戏的GPU——正在帮助其在不断增长的人工智能系统市场中促进创新。其芯片将为自动驾驶汽车、数据中心和云计算等领域的关键应用提供动力。此外，其AI-on-5G平台还将有助于在5G网络中部署基于人工智能的应用程序。</blockquote></p><p> <b>Financials and outlook</b></p><p><blockquote><b>财务及展望</b></blockquote></p><p> Given these innovations, investors can easily understand how NVIDIA's successes have boosted its financials. In its fiscal 2022 first quarter, which ended May 2, revenue rose 84% year over year to $5.66 billion. This included a 106% increase in gaming revenue and a 79% surge in data center revenue.</p><p><blockquote>鉴于这些创新，投资者很容易理解英伟达的成功如何提振了其财务状况。截至5月2日的2022财年第一季度，收入同比增长84%至56.6亿美元。其中包括游戏收入增长106%和数据中心收入激增79%。</blockquote></p><p> That lifted its GAAP net income by 109% to over $1.9 billion. Slower growth in operating expenses along with a boost in earnings from unrealized gains contributed to the bottom-line gains.</p><p><blockquote>这使得其GAAP净利润增长了109%，达到超过19亿美元。运营费用增长放缓以及未实现收益带来的收益增加促成了净利润的增长。</blockquote></p><p> That performance for the most recently reported quarter also outpaced NVIDIA's results for its full fiscal 2021, when revenue rose 53% and GAAP net income increased 55%.</p><p><blockquote>最近报告的季度的业绩也超过了Nvidia 2021财年的业绩，当时收入增长了53%，GAAP净利润增长了55%。</blockquote></p><p> The company saw nearly $1.6 billion in free cash flow in the latest quarter, and close to $4.7 billion in fiscal 2021.</p><p><blockquote>该公司最近一个季度的自由现金流接近16亿美元，2021财年接近47亿美元。</blockquote></p><p> Nonetheless, its outlook may give investors pause. For its fiscal Q2, the company expects revenue to be within 2 percentage points of $6.3 billion, a massive increase from the $3.9 billion it reported in the same quarter last year. However, the company declined to offer an outlook for the remainder of fiscal 2022. This could reflect management's uncertainty about macro conditions as global economies attempt to emerge from the shadow of the pandemic.</p><p><blockquote>尽管如此，其前景可能会让投资者犹豫不决。对于第二财季，该公司预计收入将在63亿美元的2个百分点以内，较去年同季度报告的39亿美元大幅增长。然而，该公司拒绝提供2022财年剩余时间的前景。这可能反映出随着全球经济试图走出疫情的阴影，管理层对宏观状况的不确定性。</blockquote></p><p> <b>Should I still consider NVIDIA?</b></p><p><blockquote><b>我还应该考虑英伟达吗？</b></blockquote></p><p> Although the company's long-term growth story could easily continue, investors may want to avoid NVIDIA stock for now. Management's decision not to provide an outlook beyond Q2 indicates it could hit a rough patch ahead. Moreover, it doesn't appear wise to pay almost 95 times earnings for this chipmaker under current conditions, especially when the stock rarely traded at a P/E ratio above 50 before 2021. While it may not be too late to buy NVIDIA stock, investors should probably assume that they have missed out on the chance to benefit from this rally.</p><p><blockquote>尽管该公司的长期增长故事很容易继续，但投资者目前可能希望避开英伟达股票。管理层决定不提供第二季度以后的前景，这表明未来可能会遇到困难。此外，在目前的情况下，为这家芯片制造商支付近95倍的市盈率似乎并不明智，尤其是当该股在2021年之前的市盈率很少超过50时。虽然现在购买英伟达股票可能还为时不晚，但投资者可能应该认为他们已经错过了从这次反弹中受益的机会。</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>Is It Too Late to Buy NVIDIA Stock?<blockquote>现在购买英伟达股票还来得及吗？</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\">\nIs It Too Late to Buy NVIDIA Stock?<blockquote>现在购买英伟达股票还来得及吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-07-12 10:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>The chipmaking giant has posted some serious share price gains over the past year.</b>  Key Points</p><p><blockquote><b>这家芯片制造巨头的股价在过去一年中大幅上涨。</b>要点</blockquote></p><p> <ul>  <li>NVIDIA trades close to record valuations.</li>  <li>GPUs continue to become an increasingly important component of tech innovation.</li>  <li>A limited outlook gives investors little visibility beyond the second quarter.</li> </ul> <b>NVIDIA</b>(NASDAQ:NVDA)shareholders have been benefiting mightily from the ongoing chip shortage, as well as from the popularity of the company's offerings for GPU-based applications. Thechip stockhas rallied by nearly 240% since January 2020.</p><p><blockquote><ul><li>英伟达的估值接近创纪录水平。</li><li>GPU继续成为技术创新中越来越重要的组成部分。</li><li>有限的前景让投资者对第二季度之后的前景知之甚少。</li></ul><b>英伟达</b>（纳斯达克：NVDA）股东从持续的芯片短缺以及该公司基于GPU的应用产品的受欢迎程度中受益匪浅。自2020年1月以来，芯片股已上涨近240%。</blockquote></p><p> The magnitude of that surge has plenty of investors questioning whether there's still a chance to buy in, or if they have essentially missed out on their opportunity to profit from this particular rally. Let's take a closer look at NVIDIA and attempt to provide an answer.</p><p><blockquote>这种飙升的幅度让许多投资者质疑是否仍有机会买入，或者他们是否基本上错过了从这次特殊反弹中获利的机会。让我们仔细看看英伟达，并试图提供一个答案。</blockquote></p><p> <b>The state of the stock</b></p><p><blockquote><b>库存状态</b></blockquote></p><p> NVIDIA's share price has increased by just over 100% in the last 12 months, and its scheduled four-for-onestock split is less than two weeks away.</p><p><blockquote>NVIDIA的股价在过去12个月内上涨了100%多一点，距离其预定的四拆一股票分割还有不到两周的时间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/559f2527ced6eebe92cebc5c4bff9bbe\" tg-width=\"733\" tg-height=\"443\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> That stock price surge has taken NVIDIA's P/E ratio to almost 95. The stock has not seen such high valuations since the early 2000s. Moreover, when NVIDIA rallied in late 2016 and early 2018, P/E multiples above 50 amounted to sell signals -- the stock plummeted soon after hitting those levels.</p><p><blockquote>股价飙升使英伟达的市盈率接近95。自2000年代初以来，该股从未出现过如此高的估值。此外，当英伟达在2016年底和2018年初上涨时，市盈率超过50就相当于卖出信号——该股在触及这些水平后不久就暴跌。</blockquote></p><p> Additionally, it has become expensive compared to its peers. Archrival<b>AMD</b>sells for under 40 times earnings,<b>Qualcomm</b>trades at 20 times earnings, and<b>Intel</b>sports a P/E ratio of less than 13.</p><p><blockquote>此外，与同行相比，它变得昂贵。劲敌<b>AMD</b>市盈率低于40倍，<b>Qualcomm</b>市盈率为20倍，<b>英特尔</b>市盈率低于13。</blockquote></p><p> <b>Competitive advantages</b></p><p><blockquote><b>竞争优势</b></blockquote></p><p> On the positive side, NVIDIA possessives competitive edges in a number of tech niches. It has gained traction in the cryptocurrency space with a popular and powerful GPU specifically designed for mining digital tokens. It has built a presence in the realm of supercomputers -- its Cambridge-1 supercomputer will be used by businesses and academics to accelerate research in healthcare and genomics. Furthermore, assuming its proposed acquisition of Arm Holdings goes through, it could further widen its competitive moat, as many manufacturers use Arm's chips in devices such as digital TVs and smartphones.</p><p><blockquote>从积极的一面来看，英伟达在许多技术领域拥有竞争优势。它凭借专为挖掘数字代币而设计的流行而强大的GPU在加密货币领域获得了牵引力。它已经在超级计算机领域建立了影响力——其剑桥1号超级计算机将被企业和学术界用来加速医疗保健和基因组学的研究。此外，假设其对Arm Holdings的拟议收购获得通过，它可能会进一步拓宽其竞争护城河，因为许多制造商在数字电视和智能手机等设备中使用Arm的芯片。</blockquote></p><p> And its longtime core products -- GPUs for video gaming -- are helping it foster innovations in the growing market for artificial intelligence systems. Its chips will power key applications in self-driving cars, data centers, and cloud computing, among others. Additionally, its AI-on-5G platform will also aid in deploying AI-based applications across 5G networks.</p><p><blockquote>其长期核心产品——用于视频游戏的GPU——正在帮助其在不断增长的人工智能系统市场中促进创新。其芯片将为自动驾驶汽车、数据中心和云计算等领域的关键应用提供动力。此外，其AI-on-5G平台还将有助于在5G网络中部署基于人工智能的应用程序。</blockquote></p><p> <b>Financials and outlook</b></p><p><blockquote><b>财务及展望</b></blockquote></p><p> Given these innovations, investors can easily understand how NVIDIA's successes have boosted its financials. In its fiscal 2022 first quarter, which ended May 2, revenue rose 84% year over year to $5.66 billion. This included a 106% increase in gaming revenue and a 79% surge in data center revenue.</p><p><blockquote>鉴于这些创新，投资者很容易理解英伟达的成功如何提振了其财务状况。截至5月2日的2022财年第一季度，收入同比增长84%至56.6亿美元。其中包括游戏收入增长106%和数据中心收入激增79%。</blockquote></p><p> That lifted its GAAP net income by 109% to over $1.9 billion. Slower growth in operating expenses along with a boost in earnings from unrealized gains contributed to the bottom-line gains.</p><p><blockquote>这使得其GAAP净利润增长了109%，达到超过19亿美元。运营费用增长放缓以及未实现收益带来的收益增加促成了净利润的增长。</blockquote></p><p> That performance for the most recently reported quarter also outpaced NVIDIA's results for its full fiscal 2021, when revenue rose 53% and GAAP net income increased 55%.</p><p><blockquote>最近报告的季度的业绩也超过了Nvidia 2021财年的业绩，当时收入增长了53%，GAAP净利润增长了55%。</blockquote></p><p> The company saw nearly $1.6 billion in free cash flow in the latest quarter, and close to $4.7 billion in fiscal 2021.</p><p><blockquote>该公司最近一个季度的自由现金流接近16亿美元，2021财年接近47亿美元。</blockquote></p><p> Nonetheless, its outlook may give investors pause. For its fiscal Q2, the company expects revenue to be within 2 percentage points of $6.3 billion, a massive increase from the $3.9 billion it reported in the same quarter last year. However, the company declined to offer an outlook for the remainder of fiscal 2022. This could reflect management's uncertainty about macro conditions as global economies attempt to emerge from the shadow of the pandemic.</p><p><blockquote>尽管如此，其前景可能会让投资者犹豫不决。对于第二财季，该公司预计收入将在63亿美元的2个百分点以内，较去年同季度报告的39亿美元大幅增长。然而，该公司拒绝提供2022财年剩余时间的前景。这可能反映出随着全球经济试图走出疫情的阴影，管理层对宏观状况的不确定性。</blockquote></p><p> <b>Should I still consider NVIDIA?</b></p><p><blockquote><b>我还应该考虑英伟达吗？</b></blockquote></p><p> Although the company's long-term growth story could easily continue, investors may want to avoid NVIDIA stock for now. Management's decision not to provide an outlook beyond Q2 indicates it could hit a rough patch ahead. Moreover, it doesn't appear wise to pay almost 95 times earnings for this chipmaker under current conditions, especially when the stock rarely traded at a P/E ratio above 50 before 2021. While it may not be too late to buy NVIDIA stock, investors should probably assume that they have missed out on the chance to benefit from this rally.</p><p><blockquote>尽管该公司的长期增长故事很容易继续，但投资者目前可能希望避开英伟达股票。管理层决定不提供第二季度以后的前景，这表明未来可能会遇到困难。此外，在目前的情况下，为这家芯片制造商支付近95倍的市盈率似乎并不明智，尤其是当该股在2021年之前的市盈率很少超过50时。虽然现在购买英伟达股票可能还为时不晚，但投资者可能应该认为他们已经错过了从这次反弹中受益的机会。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/11/is-it-too-late-to-buy-nvidia-stock/\">Motley Fool</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":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/07/11/is-it-too-late-to-buy-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154588051","content_text":"The chipmaking giant has posted some serious share price gains over the past year.\n\nKey Points\n\nNVIDIA trades close to record valuations.\nGPUs continue to become an increasingly important component of tech innovation.\nA limited outlook gives investors little visibility beyond the second quarter.\n\nNVIDIA(NASDAQ:NVDA)shareholders have been benefiting mightily from the ongoing chip shortage, as well as from the popularity of the company's offerings for GPU-based applications. Thechip stockhas rallied by nearly 240% since January 2020.\nThe magnitude of that surge has plenty of investors questioning whether there's still a chance to buy in, or if they have essentially missed out on their opportunity to profit from this particular rally. Let's take a closer look at NVIDIA and attempt to provide an answer.\nThe state of the stock\nNVIDIA's share price has increased by just over 100% in the last 12 months, and its scheduled four-for-onestock split is less than two weeks away.\n\nThat stock price surge has taken NVIDIA's P/E ratio to almost 95. The stock has not seen such high valuations since the early 2000s. Moreover, when NVIDIA rallied in late 2016 and early 2018, P/E multiples above 50 amounted to sell signals -- the stock plummeted soon after hitting those levels.\nAdditionally, it has become expensive compared to its peers. ArchrivalAMDsells for under 40 times earnings,Qualcommtrades at 20 times earnings, andIntelsports a P/E ratio of less than 13.\nCompetitive advantages\nOn the positive side, NVIDIA possessives competitive edges in a number of tech niches. It has gained traction in the cryptocurrency space with a popular and powerful GPU specifically designed for mining digital tokens. It has built a presence in the realm of supercomputers -- its Cambridge-1 supercomputer will be used by businesses and academics to accelerate research in healthcare and genomics. Furthermore, assuming its proposed acquisition of Arm Holdings goes through, it could further widen its competitive moat, as many manufacturers use Arm's chips in devices such as digital TVs and smartphones.\nAnd its longtime core products -- GPUs for video gaming -- are helping it foster innovations in the growing market for artificial intelligence systems. Its chips will power key applications in self-driving cars, data centers, and cloud computing, among others. Additionally, its AI-on-5G platform will also aid in deploying AI-based applications across 5G networks.\nFinancials and outlook\nGiven these innovations, investors can easily understand how NVIDIA's successes have boosted its financials. In its fiscal 2022 first quarter, which ended May 2, revenue rose 84% year over year to $5.66 billion. This included a 106% increase in gaming revenue and a 79% surge in data center revenue.\nThat lifted its GAAP net income by 109% to over $1.9 billion. Slower growth in operating expenses along with a boost in earnings from unrealized gains contributed to the bottom-line gains.\nThat performance for the most recently reported quarter also outpaced NVIDIA's results for its full fiscal 2021, when revenue rose 53% and GAAP net income increased 55%.\nThe company saw nearly $1.6 billion in free cash flow in the latest quarter, and close to $4.7 billion in fiscal 2021.\nNonetheless, its outlook may give investors pause. For its fiscal Q2, the company expects revenue to be within 2 percentage points of $6.3 billion, a massive increase from the $3.9 billion it reported in the same quarter last year. However, the company declined to offer an outlook for the remainder of fiscal 2022. This could reflect management's uncertainty about macro conditions as global economies attempt to emerge from the shadow of the pandemic.\nShould I still consider NVIDIA?\nAlthough the company's long-term growth story could easily continue, investors may want to avoid NVIDIA stock for now. Management's decision not to provide an outlook beyond Q2 indicates it could hit a rough patch ahead. Moreover, it doesn't appear wise to pay almost 95 times earnings for this chipmaker under current conditions, especially when the stock rarely traded at a P/E ratio above 50 before 2021. While it may not be too late to buy NVIDIA stock, investors should probably assume that they have missed out on the chance to benefit from this rally.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146384508,"gmtCreate":1626054153904,"gmtModify":1631893748292,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"Interesting insight 👍","listText":"Interesting insight 👍","text":"Interesting insight 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146384508","repostId":"1156998035","repostType":4,"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148560753,"gmtCreate":1625989309172,"gmtModify":1631893748302,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/148560753","repostId":"1196440758","repostType":4,"repost":{"id":"1196440758","kind":"news","pubTimestamp":1625967335,"share":"https://www.laohu8.com/m/news/1196440758?lang=zh_CN&edition=full","pubTime":"2021-07-11 09:35","market":"us","language":"en","title":"2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1196440758","media":"Motley Fool","summary":"Both of these companies grew revenue by triple-digit rates in their most recent quarters. More importantly, their futures look bright.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Growth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.</li>  <li>Stay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.</li>  <li>Both of these fast-growing tech businesses are already profitable.</li> </ul> There's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like&nbsp;<b>Waste Management</b>&nbsp;and&nbsp;<b>Berkshire Hathaway</b>. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.</p><p><blockquote><ul><li>成长型股票可能比稳定、成熟的公司风险更大，但精心挑选的股票可能是值得的。</li><li>居家趋势帮助了这些公司，但它们的增长率在大流行之前也很高。</li><li>这两项快速增长的科技业务都已经盈利。</li></ul>在选择投资者可能持有数年甚至数十年的股票时，存在一个有趣的困境。一方面，希望长期持有股票的投资者可以坚持持有稳定且成熟的公司，这些公司已经存在了数十年，并且在可预见的未来可能会继续取得成功——例如<b>废物管理</b>和<b>伯克希尔哈撒韦</b>然而，这种方法的缺点是，投资者可能会错过长期快速增长的公司可能带来的潜在优异表现。</blockquote></p><p> The issue with buying&nbsp;growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.</p><p><blockquote>然而，购买成长型股票的问题在于，很难衡量其快速的营收增长率能持续多久。此外，如果股价中已经体现的增长前景没有实现，这些公司的股价可能会表现非常糟糕。换句话说，押注未来十年的成长型股票可能比押注拥有数十年成功经验的稳定成熟公司的风险更大。</blockquote></p><p> So if an&nbsp;investor&nbsp;wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.</p><p><blockquote>因此，如果投资者想购买未来10年极有可能超出预期的成长型股票，他们最好有一些很好的理由相信这些公司能够做到这一点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/257045ef62f724806bce2b35390a5e4f\" tg-width=\"2000\" tg-height=\"1500\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Here are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:<b>Zoom Video Communications</b>(NASDAQ:ZM)&nbsp;and&nbsp;<b>Peloton Interactive</b>(NASDAQ:PTON).</p><p><blockquote>以下是两只成长型股票，它们不仅有可能在未来10年达到高预期，甚至可能超过预期：<b>Zoom Video通信公司</b>（纳斯达克：ZM）及<b>Peloton互动</b>（纳斯达克：PTON）。</blockquote></p><p> <b>Zoom and Peloton were already thriving before the pandemic</b></p><p><blockquote><b>Zoom和Peloton在大流行之前就已经蓬勃发展</b></blockquote></p><p> At first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.</p><p><blockquote>乍一看，投资者可能会得出结论，Zoom只不过是一只流行病股票。他们可能会说，该公司的成功几乎完全取决于这样一个事实，即世界大部分地区在2020年和2021年都处于封锁状态。</blockquote></p><p> It's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.</p><p><blockquote>确实，Zoom从2020年虚拟工作的兴起中受益匪浅。毕竟，该公司2021财年（截至2021年1月31日的财年）的收入同比飙升326%。但投资者应该注意到，在大流行之前，使用视频进行虚拟协作的趋势就已经非常强劲；2020财年收入同比增长88%。当时来自大客户的增长尤其强劲。2020财年第四季度，Zoom的客户过去12个月收入贡献超过10万美元，同比增长86%。</blockquote></p><p> The same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.</p><p><blockquote>Peloton也是如此。该公司当然受益于疫情，但截至2019年12月31日的季度收入同比增长77%，联网健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续的势头</b></blockquote></p><p> The underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.</p><p><blockquote>推动Zoom和Peloton的潜在催化剂仍然存在。两家公司都持续强劲增长。</blockquote></p><p> Despite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.</p><p><blockquote>尽管与去年同期相比面临极其严峻的比较，但Zoom和Peloton在最近报告的季度中的收入分别同比增长了191%和141%，当时两家公司都受益于封锁期间需求飙升。</blockquote></p><p> Looking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.</p><p><blockquote>展望未来，Zoom特别预计2022财年营收将接近40亿美元，高于2021财年约27亿美元的营收。</blockquote></p><p> Boding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.</p><p><blockquote>管理层在最近的季度更新中表示，其每个互联健身订阅的月平均锻炼次数升至历史新高，这预示着Peloton的持续势头，这表明即使经济重新开放，该公司的产品仍然产生高参与度。</blockquote></p><p> <b>Healthy profits</b></p><p><blockquote><b>健康利润</b></blockquote></p><p> Finally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.</p><p><blockquote>最后，这些公司与许多其他成长型股票不同的另一个因素是，它们已经非常有利可图。Zoom过去12个月的销售额为33亿美元，净利润为8.73亿美元，Peloton的净利润为37亿美元，净利润为2.13亿美元。</blockquote></p><p> Substantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.</p><p><blockquote>可观的利润使这些公司在对未来的增长机会进行再投资以及努力增强其在各自行业的竞争地位和先发优势方面具有优势。</blockquote></p><p> While there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.</p><p><blockquote>虽然不能保证这两只股票在未来10年内会跑赢市场，但它们最近的势头——在大流行最严重的时期之前、期间和之后——表明它们的未来可能充满希望。</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>2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</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\">\n2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-07-11 09:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Growth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.</li>  <li>Stay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.</li>  <li>Both of these fast-growing tech businesses are already profitable.</li> </ul> There's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like&nbsp;<b>Waste Management</b>&nbsp;and&nbsp;<b>Berkshire Hathaway</b>. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.</p><p><blockquote><ul><li>成长型股票可能比稳定、成熟的公司风险更大，但精心挑选的股票可能是值得的。</li><li>居家趋势帮助了这些公司，但它们的增长率在大流行之前也很高。</li><li>这两项快速增长的科技业务都已经盈利。</li></ul>在选择投资者可能持有数年甚至数十年的股票时，存在一个有趣的困境。一方面，希望长期持有股票的投资者可以坚持持有稳定且成熟的公司，这些公司已经存在了数十年，并且在可预见的未来可能会继续取得成功——例如<b>废物管理</b>和<b>伯克希尔哈撒韦</b>然而，这种方法的缺点是，投资者可能会错过长期快速增长的公司可能带来的潜在优异表现。</blockquote></p><p> The issue with buying&nbsp;growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.</p><p><blockquote>然而，购买成长型股票的问题在于，很难衡量其快速的营收增长率能持续多久。此外，如果股价中已经体现的增长前景没有实现，这些公司的股价可能会表现非常糟糕。换句话说，押注未来十年的成长型股票可能比押注拥有数十年成功经验的稳定成熟公司的风险更大。</blockquote></p><p> So if an&nbsp;investor&nbsp;wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.</p><p><blockquote>因此，如果投资者想购买未来10年极有可能超出预期的成长型股票，他们最好有一些很好的理由相信这些公司能够做到这一点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/257045ef62f724806bce2b35390a5e4f\" tg-width=\"2000\" tg-height=\"1500\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Here are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:<b>Zoom Video Communications</b>(NASDAQ:ZM)&nbsp;and&nbsp;<b>Peloton Interactive</b>(NASDAQ:PTON).</p><p><blockquote>以下是两只成长型股票，它们不仅有可能在未来10年达到高预期，甚至可能超过预期：<b>Zoom Video通信公司</b>（纳斯达克：ZM）及<b>Peloton互动</b>（纳斯达克：PTON）。</blockquote></p><p> <b>Zoom and Peloton were already thriving before the pandemic</b></p><p><blockquote><b>Zoom和Peloton在大流行之前就已经蓬勃发展</b></blockquote></p><p> At first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.</p><p><blockquote>乍一看，投资者可能会得出结论，Zoom只不过是一只流行病股票。他们可能会说，该公司的成功几乎完全取决于这样一个事实，即世界大部分地区在2020年和2021年都处于封锁状态。</blockquote></p><p> It's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.</p><p><blockquote>确实，Zoom从2020年虚拟工作的兴起中受益匪浅。毕竟，该公司2021财年（截至2021年1月31日的财年）的收入同比飙升326%。但投资者应该注意到，在大流行之前，使用视频进行虚拟协作的趋势就已经非常强劲；2020财年收入同比增长88%。当时来自大客户的增长尤其强劲。2020财年第四季度，Zoom的客户过去12个月收入贡献超过10万美元，同比增长86%。</blockquote></p><p> The same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.</p><p><blockquote>Peloton也是如此。该公司当然受益于疫情，但截至2019年12月31日的季度收入同比增长77%，联网健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续的势头</b></blockquote></p><p> The underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.</p><p><blockquote>推动Zoom和Peloton的潜在催化剂仍然存在。两家公司都持续强劲增长。</blockquote></p><p> Despite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.</p><p><blockquote>尽管与去年同期相比面临极其严峻的比较，但Zoom和Peloton在最近报告的季度中的收入分别同比增长了191%和141%，当时两家公司都受益于封锁期间需求飙升。</blockquote></p><p> Looking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.</p><p><blockquote>展望未来，Zoom特别预计2022财年营收将接近40亿美元，高于2021财年约27亿美元的营收。</blockquote></p><p> Boding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.</p><p><blockquote>管理层在最近的季度更新中表示，其每个互联健身订阅的月平均锻炼次数升至历史新高，这预示着Peloton的持续势头，这表明即使经济重新开放，该公司的产品仍然产生高参与度。</blockquote></p><p> <b>Healthy profits</b></p><p><blockquote><b>健康利润</b></blockquote></p><p> Finally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.</p><p><blockquote>最后，这些公司与许多其他成长型股票不同的另一个因素是，它们已经非常有利可图。Zoom过去12个月的销售额为33亿美元，净利润为8.73亿美元，Peloton的净利润为37亿美元，净利润为2.13亿美元。</blockquote></p><p> Substantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.</p><p><blockquote>可观的利润使这些公司在对未来的增长机会进行再投资以及努力增强其在各自行业的竞争地位和先发优势方面具有优势。</blockquote></p><p> While there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.</p><p><blockquote>虽然不能保证这两只股票在未来10年内会跑赢市场，但它们最近的势头——在大流行最严重的时期之前、期间和之后——表明它们的未来可能充满希望。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/10/2-growth-stocks-for-the-next-10-years/\">Motley Fool</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":{"ZM":"Zoom","PTON":"Peloton Interactive, Inc."},"source_url":"https://www.fool.com/investing/2021/07/10/2-growth-stocks-for-the-next-10-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196440758","content_text":"Key Points\n\nGrowth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.\nStay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.\nBoth of these fast-growing tech businesses are already profitable.\n\nThere's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like Waste Management and Berkshire Hathaway. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.\nThe issue with buying growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.\nSo if an investor wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.\nIMAGE SOURCE: GETTY IMAGES.\nHere are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:Zoom Video Communications(NASDAQ:ZM) and Peloton Interactive(NASDAQ:PTON).\nZoom and Peloton were already thriving before the pandemic\nAt first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.\nIt's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.\nThe same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.\nContinued momentum\nThe underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.\nDespite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.\nLooking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.\nBoding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.\nHealthy profits\nFinally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.\nSubstantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.\nWhile there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.","news_type":1,"symbols_score_info":{"PTON":0.9,"ZM":0.9}},"isVote":1,"tweetType":1,"viewCount":829,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148560564,"gmtCreate":1625989231758,"gmtModify":1631893748295,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/148560564","repostId":"1135090843","repostType":4,"isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141722689,"gmtCreate":1625893154941,"gmtModify":1631893748303,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088394474156640","authorIdStr":"4088394474156640"},"themes":[],"htmlText":"Wow 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no 😅","listText":"Oh no 😅","text":"Oh no 😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141490791","repostId":"1138077902","repostType":4,"repost":{"id":"1138077902","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":1625883154,"share":"https://www.laohu8.com/m/news/1138077902?lang=zh_CN&edition=full","pubTime":"2021-07-10 10:12","market":"hk","language":"en","title":"China has prohibited the merger of HuYa and DouYu<blockquote>中国禁止虎牙和斗鱼合并</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1138077902","media":"Tiger Newspress","summary":"The State Administration of market supervision of China has prohibited the merger of HuYa and DouYu.On January 4, 2021, the State Administration of market supervision of the people's Republic of China conducted an anti-monopoly examination on the concentration of business operators in accordance with the law in the merger case of tiger tooth company and Betta International Holding Co., Ltd. declared by Tencent Holding Co., Ltd.Tencent responded that the company will seriously abide by the review","content":"<p>The State Administration of market supervision of China has prohibited the merger of HuYa and DouYu.</p><p><blockquote>中国国家市场监督管理总局禁止虎牙和斗鱼合并。</blockquote></p><p> On January 4, 2021, the State Administration of market supervision of the people's Republic of China conducted an anti-monopoly examination on the concentration of business operators in accordance with the law in the merger case of tiger tooth company and Betta International Holding Co., Ltd. declared by Tencent Holding Co., Ltd.</p><p><blockquote>2021年1月4日，国家市场监督管理总局对腾讯控股控股有限公司申报的虎牙公司与斗鱼国际控股有限公司合并一案依法进行了经营者集中反垄断审查。</blockquote></p><p> According to the anti monopoly law, the State Administration of market supervision comprehensively analyzes and evaluates the market share of the operators participating in the concentration in the relevant market and their control over the market, the degree of market concentration, the impact of concentration on market entry and technological progress, the impact of concentration on consumers and other relevant operators, as well as the effectiveness of the additional restrictive commitment scheme proposed by Tencent. During the review process, the State Administration of market supervision extensively solicited opinions from relevant government departments, industry associations, experts and scholars, competitors in the same industry and downstream customers, and listened to Tencent's opinions for many times.</p><p><blockquote>市场监管总局依据《反垄断法》，综合分析评估参与集中的经营者在相关市场的市场份额及其对市场的控制力、市场集中程度、集中对市场进入和技术进步的影响、集中对消费者和其他相关经营者的影响，以及腾讯控股提出的附加限制性承诺方案的有效性。在评审过程中，市场监管总局广泛征求了政府有关部门、行业协会、专家学者、同行业竞争对手和下游客户的意见，并多次听取了腾讯控股的意见。</blockquote></p><p> The review shows that the relevant market of this case is the online game operation service market and the live game market in China. Tencent's market share in the upstream online game operation service exceeds 40%, ranking first; Tiger teeth and fighting fish have more than 40% and 30% of the downstream live game market shares respectively, ranking first and second, with a total of more than 70%. At present, Tencent has separate control over tiger tooth and joint control over Betta. For example, the merger of tiger tooth and Betta will make Tencent control the merged entity separately, further strengthen Tencent's dominant position in the live game market, and enable Tencent to have the ability and motivation to implement closed-loop management and two-way vertical blockade in the upstream and downstream markets, which has or may have the effect of excluding and limiting competition, which is not conducive to fair competition in the market and may damage the interests of consumers, It is not conducive to the healthy and sustainable development of online games and live game market. After evaluation, Tencent's proposal of additional restrictive conditions commitment can not effectively solve the above competition concerns.</p><p><blockquote>审查显示，本案相关市场为我国网络游戏运营服务市场和游戏直播市场。腾讯控股在上游网络游戏运营服务市场份额超过40%，排名第一；虎牙和斗鱼在下游游戏直播市场份额分别超过40%和30%，排名第一和第二，合计超过70%。目前，腾讯控股对虎牙分别控制，对斗鱼共同控制。例如，虎牙和斗鱼的合并将使腾讯控股单独控制合并后的主体，进一步强化腾讯控股在游戏直播市场的主导地位，使腾讯控股有能力和动力在上下游市场实施闭环管理和双向垂直封锁，具有或可能具有排除、限制竞争的效果，不利于市场公平竞争，可能损害消费者利益，不利于网络游戏和游戏直播市场的健康持续发展。经评估，腾讯控股提出的附加限制性条件承诺不能有效解决上述竞争关切。</blockquote></p><p> According to Article 28 of the anti monopoly law and Article 35 of the Interim Provisions on the examination of business concentration, the State Administration of market supervision has decided to prohibit such business concentration according to law.</p><p><blockquote>根据《反垄断法》第二十八条、《经营者集中审查暂行规定》第三十五条的规定，国家市场监管总局依法决定禁止该等经营者集中。</blockquote></p><p> Tencent responded that the company will seriously abide by the review decision, actively cooperate with regulatory requirements, operate in accordance with the law and fulfill its social responsibilities.</p><p><blockquote>腾讯控股回应称，公司将认真遵守审查决定，积极配合监管要求，依法经营，履行社会责任。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nChina has prohibited the merger of HuYa and DouYu<blockquote>中国禁止虎牙和斗鱼合并</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\">2021-07-10 10:12</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The State Administration of market supervision of China has prohibited the merger of HuYa and DouYu.</p><p><blockquote>中国国家市场监督管理总局禁止虎牙和斗鱼合并。</blockquote></p><p> On January 4, 2021, the State Administration of market supervision of the people's Republic of China conducted an anti-monopoly examination on the concentration of business operators in accordance with the law in the merger case of tiger tooth company and Betta International Holding Co., Ltd. declared by Tencent Holding Co., Ltd.</p><p><blockquote>2021年1月4日，国家市场监督管理总局对腾讯控股控股有限公司申报的虎牙公司与斗鱼国际控股有限公司合并一案依法进行了经营者集中反垄断审查。</blockquote></p><p> According to the anti monopoly law, the State Administration of market supervision comprehensively analyzes and evaluates the market share of the operators participating in the concentration in the relevant market and their control over the market, the degree of market concentration, the impact of concentration on market entry and technological progress, the impact of concentration on consumers and other relevant operators, as well as the effectiveness of the additional restrictive commitment scheme proposed by Tencent. During the review process, the State Administration of market supervision extensively solicited opinions from relevant government departments, industry associations, experts and scholars, competitors in the same industry and downstream customers, and listened to Tencent's opinions for many times.</p><p><blockquote>市场监管总局依据《反垄断法》，综合分析评估参与集中的经营者在相关市场的市场份额及其对市场的控制力、市场集中程度、集中对市场进入和技术进步的影响、集中对消费者和其他相关经营者的影响，以及腾讯控股提出的附加限制性承诺方案的有效性。在评审过程中，市场监管总局广泛征求了政府有关部门、行业协会、专家学者、同行业竞争对手和下游客户的意见，并多次听取了腾讯控股的意见。</blockquote></p><p> The review shows that the relevant market of this case is the online game operation service market and the live game market in China. Tencent's market share in the upstream online game operation service exceeds 40%, ranking first; Tiger teeth and fighting fish have more than 40% and 30% of the downstream live game market shares respectively, ranking first and second, with a total of more than 70%. At present, Tencent has separate control over tiger tooth and joint control over Betta. For example, the merger of tiger tooth and Betta will make Tencent control the merged entity separately, further strengthen Tencent's dominant position in the live game market, and enable Tencent to have the ability and motivation to implement closed-loop management and two-way vertical blockade in the upstream and downstream markets, which has or may have the effect of excluding and limiting competition, which is not conducive to fair competition in the market and may damage the interests of consumers, It is not conducive to the healthy and sustainable development of online games and live game market. After evaluation, Tencent's proposal of additional restrictive conditions commitment can not effectively solve the above competition concerns.</p><p><blockquote>审查显示，本案相关市场为我国网络游戏运营服务市场和游戏直播市场。腾讯控股在上游网络游戏运营服务市场份额超过40%，排名第一；虎牙和斗鱼在下游游戏直播市场份额分别超过40%和30%，排名第一和第二，合计超过70%。目前，腾讯控股对虎牙分别控制，对斗鱼共同控制。例如，虎牙和斗鱼的合并将使腾讯控股单独控制合并后的主体，进一步强化腾讯控股在游戏直播市场的主导地位，使腾讯控股有能力和动力在上下游市场实施闭环管理和双向垂直封锁，具有或可能具有排除、限制竞争的效果，不利于市场公平竞争，可能损害消费者利益，不利于网络游戏和游戏直播市场的健康持续发展。经评估，腾讯控股提出的附加限制性条件承诺不能有效解决上述竞争关切。</blockquote></p><p> According to Article 28 of the anti monopoly law and Article 35 of the Interim Provisions on the examination of business concentration, the State Administration of market supervision has decided to prohibit such business concentration according to law.</p><p><blockquote>根据《反垄断法》第二十八条、《经营者集中审查暂行规定》第三十五条的规定，国家市场监管总局依法决定禁止该等经营者集中。</blockquote></p><p> Tencent responded that the company will seriously abide by the review decision, actively cooperate with regulatory requirements, operate in accordance with the law and fulfill its social responsibilities.</p><p><blockquote>腾讯控股回应称，公司将认真遵守审查决定，积极配合监管要求，依法经营，履行社会责任。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","DOYU":"斗鱼","HUYA":"虎牙"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138077902","content_text":"The State Administration of market supervision of China has prohibited the merger of HuYa and DouYu.\nOn January 4, 2021, the State Administration of market supervision of the people's Republic of China conducted an anti-monopoly examination on the concentration of business operators in accordance with the law in the merger case of tiger tooth company and Betta International Holding Co., Ltd. declared by Tencent Holding Co., Ltd.\nAccording to the anti monopoly law, the State Administration of market supervision comprehensively analyzes and evaluates the market share of the operators participating in the concentration in the relevant market and their control over the market, the degree of market concentration, the impact of concentration on market entry and technological progress, the impact of concentration on consumers and other relevant operators, as well as the effectiveness of the additional restrictive commitment scheme proposed by Tencent. During the review process, the State Administration of market supervision extensively solicited opinions from relevant government departments, industry associations, experts and scholars, competitors in the same industry and downstream customers, and listened to Tencent's opinions for many times.\nThe review shows that the relevant market of this case is the online game operation service market and the live game market in China. Tencent's market share in the upstream online game operation service exceeds 40%, ranking first; Tiger teeth and fighting fish have more than 40% and 30% of the downstream live game market shares respectively, ranking first and second, with a total of more than 70%. At present, Tencent has separate control over tiger tooth and joint control over Betta. For example, the merger of tiger tooth and Betta will make Tencent control the merged entity separately, further strengthen Tencent's dominant position in the live game market, and enable Tencent to have the ability and motivation to implement closed-loop management and two-way vertical blockade in the upstream and downstream markets, which has or may have the effect of excluding and limiting competition, which is not conducive to fair competition in the market and may damage the interests of consumers, It is not conducive to the healthy and sustainable development of online games and live game market. After evaluation, Tencent's proposal of additional restrictive conditions commitment can not effectively solve the above competition concerns.\nAccording to Article 28 of the anti monopoly law and Article 35 of the Interim Provisions on the examination of business concentration, the State Administration of market supervision has decided to prohibit such business concentration according to law.\nTencent responded that the company will seriously abide by the review decision, actively cooperate with regulatory requirements, operate in accordance with the law and fulfill its social responsibilities.","news_type":1,"symbols_score_info":{"00700":0.9,"DOYU":0.9,"HUYA":0.9}},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":893484029,"gmtCreate":1628295792761,"gmtModify":1631891449667,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"Great news👍","listText":"Great news👍","text":"Great news👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/893484029","repostId":"1180025090","repostType":4,"isVote":1,"tweetType":1,"viewCount":1949,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146168526,"gmtCreate":1626059809565,"gmtModify":1631891449777,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"Don’t rush in at these level 😀","listText":"Don’t rush in at these level 😀","text":"Don’t rush in at these level 😀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/146168526","repostId":"1154588051","repostType":4,"repost":{"id":"1154588051","kind":"news","pubTimestamp":1626057206,"share":"https://www.laohu8.com/m/news/1154588051?lang=zh_CN&edition=full","pubTime":"2021-07-12 10:33","market":"us","language":"en","title":"Is It Too Late to Buy NVIDIA Stock?<blockquote>现在购买英伟达股票还来得及吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154588051","media":"Motley Fool","summary":"The chipmaking giant has posted some serious share price gains over the past year.\n\nKey Points\n\nNVID","content":"<p>  <b>The chipmaking giant has posted some serious share price gains over the past year.</b>  Key Points</p><p><blockquote><b>这家芯片制造巨头的股价在过去一年中大幅上涨。</b>要点</blockquote></p><p> <ul>  <li>NVIDIA trades close to record valuations.</li>  <li>GPUs continue to become an increasingly important component of tech innovation.</li>  <li>A limited outlook gives investors little visibility beyond the second quarter.</li> </ul> <b>NVIDIA</b>(NASDAQ:NVDA)shareholders have been benefiting mightily from the ongoing chip shortage, as well as from the popularity of the company's offerings for GPU-based applications. Thechip stockhas rallied by nearly 240% since January 2020.</p><p><blockquote><ul><li>英伟达的估值接近创纪录水平。</li><li>GPU继续成为技术创新中越来越重要的组成部分。</li><li>有限的前景让投资者对第二季度之后的前景知之甚少。</li></ul><b>英伟达</b>（纳斯达克：NVDA）股东从持续的芯片短缺以及该公司基于GPU的应用产品的受欢迎程度中受益匪浅。自2020年1月以来，芯片股已上涨近240%。</blockquote></p><p> The magnitude of that surge has plenty of investors questioning whether there's still a chance to buy in, or if they have essentially missed out on their opportunity to profit from this particular rally. Let's take a closer look at NVIDIA and attempt to provide an answer.</p><p><blockquote>这种飙升的幅度让许多投资者质疑是否仍有机会买入，或者他们是否基本上错过了从这次特殊反弹中获利的机会。让我们仔细看看英伟达，并试图提供一个答案。</blockquote></p><p> <b>The state of the stock</b></p><p><blockquote><b>库存状态</b></blockquote></p><p> NVIDIA's share price has increased by just over 100% in the last 12 months, and its scheduled four-for-onestock split is less than two weeks away.</p><p><blockquote>NVIDIA的股价在过去12个月内上涨了100%多一点，距离其预定的四拆一股票分割还有不到两周的时间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/559f2527ced6eebe92cebc5c4bff9bbe\" tg-width=\"733\" tg-height=\"443\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> That stock price surge has taken NVIDIA's P/E ratio to almost 95. The stock has not seen such high valuations since the early 2000s. Moreover, when NVIDIA rallied in late 2016 and early 2018, P/E multiples above 50 amounted to sell signals -- the stock plummeted soon after hitting those levels.</p><p><blockquote>股价飙升使英伟达的市盈率接近95。自2000年代初以来，该股从未出现过如此高的估值。此外，当英伟达在2016年底和2018年初上涨时，市盈率超过50就相当于卖出信号——该股在触及这些水平后不久就暴跌。</blockquote></p><p> Additionally, it has become expensive compared to its peers. Archrival<b>AMD</b>sells for under 40 times earnings,<b>Qualcomm</b>trades at 20 times earnings, and<b>Intel</b>sports a P/E ratio of less than 13.</p><p><blockquote>此外，与同行相比，它变得昂贵。劲敌<b>AMD</b>市盈率低于40倍，<b>Qualcomm</b>市盈率为20倍，<b>英特尔</b>市盈率低于13。</blockquote></p><p> <b>Competitive advantages</b></p><p><blockquote><b>竞争优势</b></blockquote></p><p> On the positive side, NVIDIA possessives competitive edges in a number of tech niches. It has gained traction in the cryptocurrency space with a popular and powerful GPU specifically designed for mining digital tokens. It has built a presence in the realm of supercomputers -- its Cambridge-1 supercomputer will be used by businesses and academics to accelerate research in healthcare and genomics. Furthermore, assuming its proposed acquisition of Arm Holdings goes through, it could further widen its competitive moat, as many manufacturers use Arm's chips in devices such as digital TVs and smartphones.</p><p><blockquote>从积极的一面来看，英伟达在许多技术领域拥有竞争优势。它凭借专为挖掘数字代币而设计的流行而强大的GPU在加密货币领域获得了牵引力。它已经在超级计算机领域建立了影响力——其剑桥1号超级计算机将被企业和学术界用来加速医疗保健和基因组学的研究。此外，假设其对Arm Holdings的拟议收购获得通过，它可能会进一步拓宽其竞争护城河，因为许多制造商在数字电视和智能手机等设备中使用Arm的芯片。</blockquote></p><p> And its longtime core products -- GPUs for video gaming -- are helping it foster innovations in the growing market for artificial intelligence systems. Its chips will power key applications in self-driving cars, data centers, and cloud computing, among others. Additionally, its AI-on-5G platform will also aid in deploying AI-based applications across 5G networks.</p><p><blockquote>其长期核心产品——用于视频游戏的GPU——正在帮助其在不断增长的人工智能系统市场中促进创新。其芯片将为自动驾驶汽车、数据中心和云计算等领域的关键应用提供动力。此外，其AI-on-5G平台还将有助于在5G网络中部署基于人工智能的应用程序。</blockquote></p><p> <b>Financials and outlook</b></p><p><blockquote><b>财务及展望</b></blockquote></p><p> Given these innovations, investors can easily understand how NVIDIA's successes have boosted its financials. In its fiscal 2022 first quarter, which ended May 2, revenue rose 84% year over year to $5.66 billion. This included a 106% increase in gaming revenue and a 79% surge in data center revenue.</p><p><blockquote>鉴于这些创新，投资者很容易理解英伟达的成功如何提振了其财务状况。截至5月2日的2022财年第一季度，收入同比增长84%至56.6亿美元。其中包括游戏收入增长106%和数据中心收入激增79%。</blockquote></p><p> That lifted its GAAP net income by 109% to over $1.9 billion. Slower growth in operating expenses along with a boost in earnings from unrealized gains contributed to the bottom-line gains.</p><p><blockquote>这使得其GAAP净利润增长了109%，达到超过19亿美元。运营费用增长放缓以及未实现收益带来的收益增加促成了净利润的增长。</blockquote></p><p> That performance for the most recently reported quarter also outpaced NVIDIA's results for its full fiscal 2021, when revenue rose 53% and GAAP net income increased 55%.</p><p><blockquote>最近报告的季度的业绩也超过了Nvidia 2021财年的业绩，当时收入增长了53%，GAAP净利润增长了55%。</blockquote></p><p> The company saw nearly $1.6 billion in free cash flow in the latest quarter, and close to $4.7 billion in fiscal 2021.</p><p><blockquote>该公司最近一个季度的自由现金流接近16亿美元，2021财年接近47亿美元。</blockquote></p><p> Nonetheless, its outlook may give investors pause. For its fiscal Q2, the company expects revenue to be within 2 percentage points of $6.3 billion, a massive increase from the $3.9 billion it reported in the same quarter last year. However, the company declined to offer an outlook for the remainder of fiscal 2022. This could reflect management's uncertainty about macro conditions as global economies attempt to emerge from the shadow of the pandemic.</p><p><blockquote>尽管如此，其前景可能会让投资者犹豫不决。对于第二财季，该公司预计收入将在63亿美元的2个百分点以内，较去年同季度报告的39亿美元大幅增长。然而，该公司拒绝提供2022财年剩余时间的前景。这可能反映出随着全球经济试图走出疫情的阴影，管理层对宏观状况的不确定性。</blockquote></p><p> <b>Should I still consider NVIDIA?</b></p><p><blockquote><b>我还应该考虑英伟达吗？</b></blockquote></p><p> Although the company's long-term growth story could easily continue, investors may want to avoid NVIDIA stock for now. Management's decision not to provide an outlook beyond Q2 indicates it could hit a rough patch ahead. Moreover, it doesn't appear wise to pay almost 95 times earnings for this chipmaker under current conditions, especially when the stock rarely traded at a P/E ratio above 50 before 2021. While it may not be too late to buy NVIDIA stock, investors should probably assume that they have missed out on the chance to benefit from this rally.</p><p><blockquote>尽管该公司的长期增长故事很容易继续，但投资者目前可能希望避开英伟达股票。管理层决定不提供第二季度以后的前景，这表明未来可能会遇到困难。此外，在目前的情况下，为这家芯片制造商支付近95倍的市盈率似乎并不明智，尤其是当该股在2021年之前的市盈率很少超过50时。虽然现在购买英伟达股票可能还为时不晚，但投资者可能应该认为他们已经错过了从这次反弹中受益的机会。</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>Is It Too Late to Buy NVIDIA Stock?<blockquote>现在购买英伟达股票还来得及吗？</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\">\nIs It Too Late to Buy NVIDIA Stock?<blockquote>现在购买英伟达股票还来得及吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-07-12 10:33</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>The chipmaking giant has posted some serious share price gains over the past year.</b>  Key Points</p><p><blockquote><b>这家芯片制造巨头的股价在过去一年中大幅上涨。</b>要点</blockquote></p><p> <ul>  <li>NVIDIA trades close to record valuations.</li>  <li>GPUs continue to become an increasingly important component of tech innovation.</li>  <li>A limited outlook gives investors little visibility beyond the second quarter.</li> </ul> <b>NVIDIA</b>(NASDAQ:NVDA)shareholders have been benefiting mightily from the ongoing chip shortage, as well as from the popularity of the company's offerings for GPU-based applications. Thechip stockhas rallied by nearly 240% since January 2020.</p><p><blockquote><ul><li>英伟达的估值接近创纪录水平。</li><li>GPU继续成为技术创新中越来越重要的组成部分。</li><li>有限的前景让投资者对第二季度之后的前景知之甚少。</li></ul><b>英伟达</b>（纳斯达克：NVDA）股东从持续的芯片短缺以及该公司基于GPU的应用产品的受欢迎程度中受益匪浅。自2020年1月以来，芯片股已上涨近240%。</blockquote></p><p> The magnitude of that surge has plenty of investors questioning whether there's still a chance to buy in, or if they have essentially missed out on their opportunity to profit from this particular rally. Let's take a closer look at NVIDIA and attempt to provide an answer.</p><p><blockquote>这种飙升的幅度让许多投资者质疑是否仍有机会买入，或者他们是否基本上错过了从这次特殊反弹中获利的机会。让我们仔细看看英伟达，并试图提供一个答案。</blockquote></p><p> <b>The state of the stock</b></p><p><blockquote><b>库存状态</b></blockquote></p><p> NVIDIA's share price has increased by just over 100% in the last 12 months, and its scheduled four-for-onestock split is less than two weeks away.</p><p><blockquote>NVIDIA的股价在过去12个月内上涨了100%多一点，距离其预定的四拆一股票分割还有不到两周的时间。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/559f2527ced6eebe92cebc5c4bff9bbe\" tg-width=\"733\" tg-height=\"443\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> That stock price surge has taken NVIDIA's P/E ratio to almost 95. The stock has not seen such high valuations since the early 2000s. Moreover, when NVIDIA rallied in late 2016 and early 2018, P/E multiples above 50 amounted to sell signals -- the stock plummeted soon after hitting those levels.</p><p><blockquote>股价飙升使英伟达的市盈率接近95。自2000年代初以来，该股从未出现过如此高的估值。此外，当英伟达在2016年底和2018年初上涨时，市盈率超过50就相当于卖出信号——该股在触及这些水平后不久就暴跌。</blockquote></p><p> Additionally, it has become expensive compared to its peers. Archrival<b>AMD</b>sells for under 40 times earnings,<b>Qualcomm</b>trades at 20 times earnings, and<b>Intel</b>sports a P/E ratio of less than 13.</p><p><blockquote>此外，与同行相比，它变得昂贵。劲敌<b>AMD</b>市盈率低于40倍，<b>Qualcomm</b>市盈率为20倍，<b>英特尔</b>市盈率低于13。</blockquote></p><p> <b>Competitive advantages</b></p><p><blockquote><b>竞争优势</b></blockquote></p><p> On the positive side, NVIDIA possessives competitive edges in a number of tech niches. It has gained traction in the cryptocurrency space with a popular and powerful GPU specifically designed for mining digital tokens. It has built a presence in the realm of supercomputers -- its Cambridge-1 supercomputer will be used by businesses and academics to accelerate research in healthcare and genomics. Furthermore, assuming its proposed acquisition of Arm Holdings goes through, it could further widen its competitive moat, as many manufacturers use Arm's chips in devices such as digital TVs and smartphones.</p><p><blockquote>从积极的一面来看，英伟达在许多技术领域拥有竞争优势。它凭借专为挖掘数字代币而设计的流行而强大的GPU在加密货币领域获得了牵引力。它已经在超级计算机领域建立了影响力——其剑桥1号超级计算机将被企业和学术界用来加速医疗保健和基因组学的研究。此外，假设其对Arm Holdings的拟议收购获得通过，它可能会进一步拓宽其竞争护城河，因为许多制造商在数字电视和智能手机等设备中使用Arm的芯片。</blockquote></p><p> And its longtime core products -- GPUs for video gaming -- are helping it foster innovations in the growing market for artificial intelligence systems. Its chips will power key applications in self-driving cars, data centers, and cloud computing, among others. Additionally, its AI-on-5G platform will also aid in deploying AI-based applications across 5G networks.</p><p><blockquote>其长期核心产品——用于视频游戏的GPU——正在帮助其在不断增长的人工智能系统市场中促进创新。其芯片将为自动驾驶汽车、数据中心和云计算等领域的关键应用提供动力。此外，其AI-on-5G平台还将有助于在5G网络中部署基于人工智能的应用程序。</blockquote></p><p> <b>Financials and outlook</b></p><p><blockquote><b>财务及展望</b></blockquote></p><p> Given these innovations, investors can easily understand how NVIDIA's successes have boosted its financials. In its fiscal 2022 first quarter, which ended May 2, revenue rose 84% year over year to $5.66 billion. This included a 106% increase in gaming revenue and a 79% surge in data center revenue.</p><p><blockquote>鉴于这些创新，投资者很容易理解英伟达的成功如何提振了其财务状况。截至5月2日的2022财年第一季度，收入同比增长84%至56.6亿美元。其中包括游戏收入增长106%和数据中心收入激增79%。</blockquote></p><p> That lifted its GAAP net income by 109% to over $1.9 billion. Slower growth in operating expenses along with a boost in earnings from unrealized gains contributed to the bottom-line gains.</p><p><blockquote>这使得其GAAP净利润增长了109%，达到超过19亿美元。运营费用增长放缓以及未实现收益带来的收益增加促成了净利润的增长。</blockquote></p><p> That performance for the most recently reported quarter also outpaced NVIDIA's results for its full fiscal 2021, when revenue rose 53% and GAAP net income increased 55%.</p><p><blockquote>最近报告的季度的业绩也超过了Nvidia 2021财年的业绩，当时收入增长了53%，GAAP净利润增长了55%。</blockquote></p><p> The company saw nearly $1.6 billion in free cash flow in the latest quarter, and close to $4.7 billion in fiscal 2021.</p><p><blockquote>该公司最近一个季度的自由现金流接近16亿美元，2021财年接近47亿美元。</blockquote></p><p> Nonetheless, its outlook may give investors pause. For its fiscal Q2, the company expects revenue to be within 2 percentage points of $6.3 billion, a massive increase from the $3.9 billion it reported in the same quarter last year. However, the company declined to offer an outlook for the remainder of fiscal 2022. This could reflect management's uncertainty about macro conditions as global economies attempt to emerge from the shadow of the pandemic.</p><p><blockquote>尽管如此，其前景可能会让投资者犹豫不决。对于第二财季，该公司预计收入将在63亿美元的2个百分点以内，较去年同季度报告的39亿美元大幅增长。然而，该公司拒绝提供2022财年剩余时间的前景。这可能反映出随着全球经济试图走出疫情的阴影，管理层对宏观状况的不确定性。</blockquote></p><p> <b>Should I still consider NVIDIA?</b></p><p><blockquote><b>我还应该考虑英伟达吗？</b></blockquote></p><p> Although the company's long-term growth story could easily continue, investors may want to avoid NVIDIA stock for now. Management's decision not to provide an outlook beyond Q2 indicates it could hit a rough patch ahead. Moreover, it doesn't appear wise to pay almost 95 times earnings for this chipmaker under current conditions, especially when the stock rarely traded at a P/E ratio above 50 before 2021. While it may not be too late to buy NVIDIA stock, investors should probably assume that they have missed out on the chance to benefit from this rally.</p><p><blockquote>尽管该公司的长期增长故事很容易继续，但投资者目前可能希望避开英伟达股票。管理层决定不提供第二季度以后的前景，这表明未来可能会遇到困难。此外，在目前的情况下，为这家芯片制造商支付近95倍的市盈率似乎并不明智，尤其是当该股在2021年之前的市盈率很少超过50时。虽然现在购买英伟达股票可能还为时不晚，但投资者可能应该认为他们已经错过了从这次反弹中受益的机会。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/11/is-it-too-late-to-buy-nvidia-stock/\">Motley Fool</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":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/07/11/is-it-too-late-to-buy-nvidia-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154588051","content_text":"The chipmaking giant has posted some serious share price gains over the past year.\n\nKey Points\n\nNVIDIA trades close to record valuations.\nGPUs continue to become an increasingly important component of tech innovation.\nA limited outlook gives investors little visibility beyond the second quarter.\n\nNVIDIA(NASDAQ:NVDA)shareholders have been benefiting mightily from the ongoing chip shortage, as well as from the popularity of the company's offerings for GPU-based applications. Thechip stockhas rallied by nearly 240% since January 2020.\nThe magnitude of that surge has plenty of investors questioning whether there's still a chance to buy in, or if they have essentially missed out on their opportunity to profit from this particular rally. Let's take a closer look at NVIDIA and attempt to provide an answer.\nThe state of the stock\nNVIDIA's share price has increased by just over 100% in the last 12 months, and its scheduled four-for-onestock split is less than two weeks away.\n\nThat stock price surge has taken NVIDIA's P/E ratio to almost 95. The stock has not seen such high valuations since the early 2000s. Moreover, when NVIDIA rallied in late 2016 and early 2018, P/E multiples above 50 amounted to sell signals -- the stock plummeted soon after hitting those levels.\nAdditionally, it has become expensive compared to its peers. ArchrivalAMDsells for under 40 times earnings,Qualcommtrades at 20 times earnings, andIntelsports a P/E ratio of less than 13.\nCompetitive advantages\nOn the positive side, NVIDIA possessives competitive edges in a number of tech niches. It has gained traction in the cryptocurrency space with a popular and powerful GPU specifically designed for mining digital tokens. It has built a presence in the realm of supercomputers -- its Cambridge-1 supercomputer will be used by businesses and academics to accelerate research in healthcare and genomics. Furthermore, assuming its proposed acquisition of Arm Holdings goes through, it could further widen its competitive moat, as many manufacturers use Arm's chips in devices such as digital TVs and smartphones.\nAnd its longtime core products -- GPUs for video gaming -- are helping it foster innovations in the growing market for artificial intelligence systems. Its chips will power key applications in self-driving cars, data centers, and cloud computing, among others. Additionally, its AI-on-5G platform will also aid in deploying AI-based applications across 5G networks.\nFinancials and outlook\nGiven these innovations, investors can easily understand how NVIDIA's successes have boosted its financials. In its fiscal 2022 first quarter, which ended May 2, revenue rose 84% year over year to $5.66 billion. This included a 106% increase in gaming revenue and a 79% surge in data center revenue.\nThat lifted its GAAP net income by 109% to over $1.9 billion. Slower growth in operating expenses along with a boost in earnings from unrealized gains contributed to the bottom-line gains.\nThat performance for the most recently reported quarter also outpaced NVIDIA's results for its full fiscal 2021, when revenue rose 53% and GAAP net income increased 55%.\nThe company saw nearly $1.6 billion in free cash flow in the latest quarter, and close to $4.7 billion in fiscal 2021.\nNonetheless, its outlook may give investors pause. For its fiscal Q2, the company expects revenue to be within 2 percentage points of $6.3 billion, a massive increase from the $3.9 billion it reported in the same quarter last year. However, the company declined to offer an outlook for the remainder of fiscal 2022. This could reflect management's uncertainty about macro conditions as global economies attempt to emerge from the shadow of the pandemic.\nShould I still consider NVIDIA?\nAlthough the company's long-term growth story could easily continue, investors may want to avoid NVIDIA stock for now. Management's decision not to provide an outlook beyond Q2 indicates it could hit a rough patch ahead. Moreover, it doesn't appear wise to pay almost 95 times earnings for this chipmaker under current conditions, especially when the stock rarely traded at a P/E ratio above 50 before 2021. While it may not be too late to buy NVIDIA stock, investors should probably assume that they have missed out on the chance to benefit from this rally.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154708482,"gmtCreate":1625543169946,"gmtModify":1633939802254,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"Great advise 👍","listText":"Great advise 👍","text":"Great advise 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/154708482","repostId":"2149533820","repostType":4,"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144715926,"gmtCreate":1626314296765,"gmtModify":1631891449766,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"Wow 👍","listText":"Wow 👍","text":"Wow 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144715926","repostId":"1135572056","repostType":4,"repost":{"id":"1135572056","kind":"news","pubTimestamp":1626311688,"share":"https://www.laohu8.com/m/news/1135572056?lang=zh_CN&edition=full","pubTime":"2021-07-15 09:14","market":"us","language":"en","title":"Elon Musk Reveals Tesla's Billion Dollar Backlog<blockquote>Elon Musk透露特斯拉10亿美元积压订单</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135572056","media":"The Street","summary":"Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.","content":"<p>  Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.  During Elon&nbsp;Musk’stestimony&nbsp;in defense of a SolarCity acquisition related lawsuit on Tuesday, the Tesla CEO revealed that the company has about 80,000Tesla Powerwallorders waiting to be delivered.</p><p><blockquote>特斯拉首席执行官Elon Musk周二透露了有关特斯拉业务线之一的关键信息——以下是详细信息。在Elon Musk周二为SolarCity收购相关诉讼辩护的证词中，这位特斯拉首席执行官透露，该公司有大约8万台特斯拉PowerWallOrder等待交付。</blockquote></p><p> Order holders might be waiting awhile.</p><p><blockquote>订单持有者可能会等待一段时间。</blockquote></p><p> Musk said that Tesla may be able to produce 30,000 - 35,000 Powerwalls in the third quarter in a \"best case\" scenario. The number provides new context for a comment made on Tesla's Q1 earnings call by CFO Zachary Kirkhorn, who stated Tesla had a“multi-quarter backlog” of Powerwall orders. Musk attributed the well-documented semiconductor shortage to Powerwall production constraints.</p><p><blockquote>Musk表示，在“最好的情况”下，特斯拉可能能够在第三季度生产3万-3.5万辆Powerwall。这一数字为首席财务官Zachary Kirkhorn对特斯拉第一季度盈利看涨期权的评论提供了新的背景，他表示特斯拉有“多个季度的积压”Powerwall订单。马斯克将有据可查的半导体短缺归因于Powerwall生产限制。</blockquote></p><p> <b>Production</b></p><p><blockquote><b>生产</b></blockquote></p><p> In late May,Tesla announcedthat the company had eclipsed&nbsp;200,000 Powerwalls&nbsp;installed worldwide since inception — totaling more than 2 gigawatt-hours of battery storage. In early 2020,Tesla disclosed&nbsp;their 100,000th installation which points to quarterly Powerwall production of around 20,000 to 25,000 units over the last year.</p><p><blockquote>5月下旬，特斯拉宣布，自成立以来，该公司已在全球安装了20万个Powerwalls，电池存储总量超过2千兆瓦时。2020年初，特斯拉披露了其第100,000台安装量，这表明去年Powerwall的季度产量约为20,000至25,000台。</blockquote></p><p> While Musk's ~30,000 unit third quarter production target won't nearly satisfy demand, it does appear to be an increase from past quarters. At the current rate of production, some Tesla Powerwall orderers may be waiting up to nine months for delivery.</p><p><blockquote>虽然马斯克第三季度约30,000辆的产量目标无法满足需求，但似乎确实比过去几个季度有所增加。按照目前的生产速度，一些特斯拉Powerwall订购商可能需要等待长达九个月的时间才能交付。</blockquote></p><p> Tesla lists the price of a single Powerwall at $10,500. With 80,000 orders, Tesla's backlog could represent nearly $1 billion in revenue. While bundling multiple Powerwalls does lower the per-unit price, Tesla recently started requiring the purchase of solar panels with each Powerwall order. Taken together, Tesla's order book for residential energy products seems to easily<b>exceed $1 billion</b>.</p><p><blockquote>特斯拉列出的单个Powerwall的价格为10,500美元。凭借80,000份订单，特斯拉的积压订单可能代表近10亿美元的收入。虽然捆绑多个Powerwall确实降低了单价，但特斯拉最近开始要求在每个Powerwall订单中购买太阳能电池板。综合来看，特斯拉住宅能源产品的订单似乎很容易<b>超过10亿美元</b>.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99880102385b7bbabebfc9b87ecd3a38\" tg-width=\"700\" tg-height=\"522\" referrerpolicy=\"no-referrer\">Each Powerwall has 13.5 kilowatt-hours of energy storage capacity which puts Tesla's order backlog at over 1 gigawatt-hour in total. When will Tesla be able to catch up to Powerwall demand?</p><p><blockquote>每个Powerwall的储能容量为13.5千瓦时，这使得特斯拉的积压订单总量超过1吉瓦时。特斯拉什么时候才能赶上Powerwall的需求？</blockquote></p><p></p>","source":"lsy1610613172068","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>Elon Musk Reveals Tesla's Billion Dollar Backlog<blockquote>Elon Musk透露特斯拉10亿美元积压订单</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\">\nElon Musk Reveals Tesla's Billion Dollar Backlog<blockquote>Elon Musk透露特斯拉10亿美元积压订单</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-15 09:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.  During Elon&nbsp;Musk’stestimony&nbsp;in defense of a SolarCity acquisition related lawsuit on Tuesday, the Tesla CEO revealed that the company has about 80,000Tesla Powerwallorders waiting to be delivered.</p><p><blockquote>特斯拉首席执行官Elon Musk周二透露了有关特斯拉业务线之一的关键信息——以下是详细信息。在Elon Musk周二为SolarCity收购相关诉讼辩护的证词中，这位特斯拉首席执行官透露，该公司有大约8万台特斯拉PowerWallOrder等待交付。</blockquote></p><p> Order holders might be waiting awhile.</p><p><blockquote>订单持有者可能会等待一段时间。</blockquote></p><p> Musk said that Tesla may be able to produce 30,000 - 35,000 Powerwalls in the third quarter in a \"best case\" scenario. The number provides new context for a comment made on Tesla's Q1 earnings call by CFO Zachary Kirkhorn, who stated Tesla had a“multi-quarter backlog” of Powerwall orders. Musk attributed the well-documented semiconductor shortage to Powerwall production constraints.</p><p><blockquote>Musk表示，在“最好的情况”下，特斯拉可能能够在第三季度生产3万-3.5万辆Powerwall。这一数字为首席财务官Zachary Kirkhorn对特斯拉第一季度盈利看涨期权的评论提供了新的背景，他表示特斯拉有“多个季度的积压”Powerwall订单。马斯克将有据可查的半导体短缺归因于Powerwall生产限制。</blockquote></p><p> <b>Production</b></p><p><blockquote><b>生产</b></blockquote></p><p> In late May,Tesla announcedthat the company had eclipsed&nbsp;200,000 Powerwalls&nbsp;installed worldwide since inception — totaling more than 2 gigawatt-hours of battery storage. In early 2020,Tesla disclosed&nbsp;their 100,000th installation which points to quarterly Powerwall production of around 20,000 to 25,000 units over the last year.</p><p><blockquote>5月下旬，特斯拉宣布，自成立以来，该公司已在全球安装了20万个Powerwalls，电池存储总量超过2千兆瓦时。2020年初，特斯拉披露了其第100,000台安装量，这表明去年Powerwall的季度产量约为20,000至25,000台。</blockquote></p><p> While Musk's ~30,000 unit third quarter production target won't nearly satisfy demand, it does appear to be an increase from past quarters. At the current rate of production, some Tesla Powerwall orderers may be waiting up to nine months for delivery.</p><p><blockquote>虽然马斯克第三季度约30,000辆的产量目标无法满足需求，但似乎确实比过去几个季度有所增加。按照目前的生产速度，一些特斯拉Powerwall订购商可能需要等待长达九个月的时间才能交付。</blockquote></p><p> Tesla lists the price of a single Powerwall at $10,500. With 80,000 orders, Tesla's backlog could represent nearly $1 billion in revenue. While bundling multiple Powerwalls does lower the per-unit price, Tesla recently started requiring the purchase of solar panels with each Powerwall order. Taken together, Tesla's order book for residential energy products seems to easily<b>exceed $1 billion</b>.</p><p><blockquote>特斯拉列出的单个Powerwall的价格为10,500美元。凭借80,000份订单，特斯拉的积压订单可能代表近10亿美元的收入。虽然捆绑多个Powerwall确实降低了单价，但特斯拉最近开始要求在每个Powerwall订单中购买太阳能电池板。综合来看，特斯拉住宅能源产品的订单似乎很容易<b>超过10亿美元</b>.</blockquote></p><p> <img src=\"https://static.tigerbbs.com/99880102385b7bbabebfc9b87ecd3a38\" tg-width=\"700\" tg-height=\"522\" referrerpolicy=\"no-referrer\">Each Powerwall has 13.5 kilowatt-hours of energy storage capacity which puts Tesla's order backlog at over 1 gigawatt-hour in total. When will Tesla be able to catch up to Powerwall demand?</p><p><blockquote>每个Powerwall的储能容量为13.5千瓦时，这使得特斯拉的积压订单总量超过1吉瓦时。特斯拉什么时候才能赶上Powerwall的需求？</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/tesla/news/elon-musk-reveals-teslas-billion-dollar-backlog-tsla\">The Street</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":{"TSLA":"特斯拉"},"source_url":"https://www.thestreet.com/tesla/news/elon-musk-reveals-teslas-billion-dollar-backlog-tsla","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135572056","content_text":"Tesla CEO Elon Musk revealed key information about one of Tesla's business lines on Tuesday — here are the details.\n\nDuring Elon Musk’stestimony in defense of a SolarCity acquisition related lawsuit on Tuesday, the Tesla CEO revealed that the company has about 80,000Tesla Powerwallorders waiting to be delivered.\nOrder holders might be waiting awhile.\nMusk said that Tesla may be able to produce 30,000 - 35,000 Powerwalls in the third quarter in a \"best case\" scenario. The number provides new context for a comment made on Tesla's Q1 earnings call by CFO Zachary Kirkhorn, who stated Tesla had a“multi-quarter backlog” of Powerwall orders. Musk attributed the well-documented semiconductor shortage to Powerwall production constraints.\nProduction\nIn late May,Tesla announcedthat the company had eclipsed 200,000 Powerwalls installed worldwide since inception — totaling more than 2 gigawatt-hours of battery storage. In early 2020,Tesla disclosed their 100,000th installation which points to quarterly Powerwall production of around 20,000 to 25,000 units over the last year.\nWhile Musk's ~30,000 unit third quarter production target won't nearly satisfy demand, it does appear to be an increase from past quarters. At the current rate of production, some Tesla Powerwall orderers may be waiting up to nine months for delivery.\nTesla lists the price of a single Powerwall at $10,500. With 80,000 orders, Tesla's backlog could represent nearly $1 billion in revenue. While bundling multiple Powerwalls does lower the per-unit price, Tesla recently started requiring the purchase of solar panels with each Powerwall order. Taken together, Tesla's order book for residential energy products seems to easilyexceed $1 billion.\nEach Powerwall has 13.5 kilowatt-hours of energy storage capacity which puts Tesla's order backlog at over 1 gigawatt-hour in total. When will Tesla be able to catch up to Powerwall demand?","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1900,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173927043,"gmtCreate":1626604381982,"gmtModify":1631891449680,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/173927043","repostId":"2152899486","repostType":4,"isVote":1,"tweetType":1,"viewCount":2176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141438424,"gmtCreate":1625884263068,"gmtModify":1631893748311,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/141438424","repostId":"1142328952","repostType":4,"isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179804761,"gmtCreate":1626499242953,"gmtModify":1631891449693,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"Market drop represents buying oppt 👍","listText":"Market drop represents buying oppt 👍","text":"Market drop represents buying oppt 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/179804761","repostId":"1149577900","repostType":4,"isVote":1,"tweetType":1,"viewCount":1833,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144783673,"gmtCreate":1626314529992,"gmtModify":1631888361058,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"Agree with Old Yee👍","listText":"Agree with Old Yee👍","text":"Agree with Old Yee👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144783673","repostId":"1192600062","repostType":4,"repost":{"id":"1192600062","kind":"news","pubTimestamp":1626312669,"share":"https://www.laohu8.com/m/news/1192600062?lang=zh_CN&edition=full","pubTime":"2021-07-15 09:31","market":"us","language":"en","title":"Fed Chair Powell hints on digital dollar timing<blockquote>美联储主席鲍威尔暗示数字美元时机</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1192600062","media":"Fox Business","summary":"Powell said the central bank is working hard on the report.","content":"<p>  Powell said the central bank is working hard on the report.  <ul>  <li><b>Stocks mixed after Fed Chair Powell eases taper fears.</b>&nbsp;Slatestone Wealth Chief Market Strategist Kenny Polcari, Ladenburg Thalmann Asset Management CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on the state of the economy and Fed Chair Jerome Powell's remarks.</li> </ul> Federal Reserve Chairman&nbsp;Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.</p><p><blockquote>鲍威尔表示，央行正在努力编写这份报告。<ul><li><b>美联储主席鲍威尔缓解缩减担忧后，股市涨跌互现。</b>Slatestone Wealth首席市场策略师Kenny Polcari、Ladenburg Thalmann资产管理公司首席执行官Phil Blancato和Kaltbaum Capital Management总裁Gary Kaltbaum就经济状况和美联储主席杰罗姆·鲍威尔的讲话发表了讲话。</li></ul>美联储主席杰罗姆·鲍威尔表示，美联储正在推进有关自己的数字美元的研究和公共宣传，今年秋天可能会发布一份白皮书。</blockquote></p><p> \"We expect to publish a report around – could be early September, plus or minus, in that timeframe,\" Powell said in testimony before the U.S. House of Representatives Financial Services. \"We’re working hard on it right now.\"</p><p><blockquote>鲍威尔在美国众议院金融服务部作证时表示：“我们预计在9月初左右发布一份报告，可能是正负。”“我们现在正在努力。”</blockquote></p><p> The report will address digital payments broadly, including items like stablecoins and crypto assets, which Powell said are at a \"critical point in terms of the appropriate regulation.\"</p><p><blockquote>该报告将广泛讨论数字支付，包括稳定币和加密资产等项目，鲍威尔表示，这些项目正处于“适当监管的临界点”。</blockquote></p><p> Stablecoins refer to a digital currency that ties its market value to an outside asset, like the U.S. dollar, for price stabilization.</p><p><blockquote>稳定币是指一种数字货币，将其市场价值与美元等外部资产挂钩，以稳定价格。</blockquote></p><p> In the case of a central bank digital currency, Powell said officials are working on laying out questions for the public to respond to.</p><p><blockquote>鲍威尔表示，就央行数字货币而言，官员们正在努力提出问题供公众做出回应。</blockquote></p><p> \"We want to begin really a major public consultation across many different groups, including Congress of course,\" Powell said.</p><p><blockquote>鲍威尔说：“我们希望在许多不同团体中开始真正的重大公众咨询，当然包括国会。”</blockquote></p><p> The report will also address the benefits and drawbacks, including a lessened need for multiple alternative forms of cryptocurrencies that could create risk.</p><p><blockquote>该报告还将讨论优点和缺点，包括减少对可能产生风险的多种替代形式的加密货币的需求。</blockquote></p><p> \"Particularly, you wouldn’t need stablecoins, you wouldn’t need cryptocurrencies if you had a digital U.S. currency - I think that’s one of the stronger arguments in its favor,\" Powell said.</p><p><blockquote>鲍威尔表示：“特别是，如果你拥有数字美元货币，你就不需要稳定币，也不需要加密货币——我认为这是支持它的更有力的论据之一。”</blockquote></p><p> The Fed chair indicated there was still a lot of work left to do on both the technical and policy sides.</p><p><blockquote>美联储主席表示，在技术和政策方面仍有大量工作要做。</blockquote></p><p> He said the U.S. was not in danger of losing its role as the world’s reserve currency, which offered an advantage as it worked toward a digital dollar.</p><p><blockquote>他表示，美国没有失去世界储备货币角色的危险，这在美国迈向数字美元的过程中提供了优势。</blockquote></p><p> \"We have first mover advantage by virtue of that,\" Powell said. \"So I think it’s way more important to get it right than it is to do it fast.\"</p><p><blockquote>“凭借这一点，我们拥有先发优势，”鲍威尔说。“所以我认为把事情做好比快速完成更重要。”</blockquote></p><p> Federal Reserve Governor Lael Brainard said in May that the Federal Reserve was increasing its engagement in the research and development of a digital version of the U.S. dollar.</p><p><blockquote>美联储理事莱尔·布雷纳德在5月份表示，美联储正在加大对数字版美元研发的参与力度。</blockquote></p><p></p>","source":"lsy1602566126337","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>Fed Chair Powell hints on digital dollar timing<blockquote>美联储主席鲍威尔暗示数字美元时机</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\">\nFed Chair Powell hints on digital dollar timing<blockquote>美联储主席鲍威尔暗示数字美元时机</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Fox Business</strong><span class=\"h-time small\">2021-07-15 09:31</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Powell said the central bank is working hard on the report.  <ul>  <li><b>Stocks mixed after Fed Chair Powell eases taper fears.</b>&nbsp;Slatestone Wealth Chief Market Strategist Kenny Polcari, Ladenburg Thalmann Asset Management CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on the state of the economy and Fed Chair Jerome Powell's remarks.</li> </ul> Federal Reserve Chairman&nbsp;Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.</p><p><blockquote>鲍威尔表示，央行正在努力编写这份报告。<ul><li><b>美联储主席鲍威尔缓解缩减担忧后，股市涨跌互现。</b>Slatestone Wealth首席市场策略师Kenny Polcari、Ladenburg Thalmann资产管理公司首席执行官Phil Blancato和Kaltbaum Capital Management总裁Gary Kaltbaum就经济状况和美联储主席杰罗姆·鲍威尔的讲话发表了讲话。</li></ul>美联储主席杰罗姆·鲍威尔表示，美联储正在推进有关自己的数字美元的研究和公共宣传，今年秋天可能会发布一份白皮书。</blockquote></p><p> \"We expect to publish a report around – could be early September, plus or minus, in that timeframe,\" Powell said in testimony before the U.S. House of Representatives Financial Services. \"We’re working hard on it right now.\"</p><p><blockquote>鲍威尔在美国众议院金融服务部作证时表示：“我们预计在9月初左右发布一份报告，可能是正负。”“我们现在正在努力。”</blockquote></p><p> The report will address digital payments broadly, including items like stablecoins and crypto assets, which Powell said are at a \"critical point in terms of the appropriate regulation.\"</p><p><blockquote>该报告将广泛讨论数字支付，包括稳定币和加密资产等项目，鲍威尔表示，这些项目正处于“适当监管的临界点”。</blockquote></p><p> Stablecoins refer to a digital currency that ties its market value to an outside asset, like the U.S. dollar, for price stabilization.</p><p><blockquote>稳定币是指一种数字货币，将其市场价值与美元等外部资产挂钩，以稳定价格。</blockquote></p><p> In the case of a central bank digital currency, Powell said officials are working on laying out questions for the public to respond to.</p><p><blockquote>鲍威尔表示，就央行数字货币而言，官员们正在努力提出问题供公众做出回应。</blockquote></p><p> \"We want to begin really a major public consultation across many different groups, including Congress of course,\" Powell said.</p><p><blockquote>鲍威尔说：“我们希望在许多不同团体中开始真正的重大公众咨询，当然包括国会。”</blockquote></p><p> The report will also address the benefits and drawbacks, including a lessened need for multiple alternative forms of cryptocurrencies that could create risk.</p><p><blockquote>该报告还将讨论优点和缺点，包括减少对可能产生风险的多种替代形式的加密货币的需求。</blockquote></p><p> \"Particularly, you wouldn’t need stablecoins, you wouldn’t need cryptocurrencies if you had a digital U.S. currency - I think that’s one of the stronger arguments in its favor,\" Powell said.</p><p><blockquote>鲍威尔表示：“特别是，如果你拥有数字美元货币，你就不需要稳定币，也不需要加密货币——我认为这是支持它的更有力的论据之一。”</blockquote></p><p> The Fed chair indicated there was still a lot of work left to do on both the technical and policy sides.</p><p><blockquote>美联储主席表示，在技术和政策方面仍有大量工作要做。</blockquote></p><p> He said the U.S. was not in danger of losing its role as the world’s reserve currency, which offered an advantage as it worked toward a digital dollar.</p><p><blockquote>他表示，美国没有失去世界储备货币角色的危险，这在美国迈向数字美元的过程中提供了优势。</blockquote></p><p> \"We have first mover advantage by virtue of that,\" Powell said. \"So I think it’s way more important to get it right than it is to do it fast.\"</p><p><blockquote>“凭借这一点，我们拥有先发优势，”鲍威尔说。“所以我认为把事情做好比快速完成更重要。”</blockquote></p><p> Federal Reserve Governor Lael Brainard said in May that the Federal Reserve was increasing its engagement in the research and development of a digital version of the U.S. dollar.</p><p><blockquote>美联储理事莱尔·布雷纳德在5月份表示，美联储正在加大对数字版美元研发的参与力度。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.foxbusiness.com/economy/fed-chair-powell-hints-on-digital-dollar-timing\">Fox Business</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","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.foxbusiness.com/economy/fed-chair-powell-hints-on-digital-dollar-timing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192600062","content_text":"Powell said the central bank is working hard on the report.\n\n\nStocks mixed after Fed Chair Powell eases taper fears. Slatestone Wealth Chief Market Strategist Kenny Polcari, Ladenburg Thalmann Asset Management CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on the state of the economy and Fed Chair Jerome Powell's remarks.\n\nFederal Reserve Chairman Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.\n\"We expect to publish a report around – could be early September, plus or minus, in that timeframe,\" Powell said in testimony before the U.S. House of Representatives Financial Services. \"We’re working hard on it right now.\"\nThe report will address digital payments broadly, including items like stablecoins and crypto assets, which Powell said are at a \"critical point in terms of the appropriate regulation.\"\nStablecoins refer to a digital currency that ties its market value to an outside asset, like the U.S. dollar, for price stabilization.\nIn the case of a central bank digital currency, Powell said officials are working on laying out questions for the public to respond to.\n\"We want to begin really a major public consultation across many different groups, including Congress of course,\" Powell said.\nThe report will also address the benefits and drawbacks, including a lessened need for multiple alternative forms of cryptocurrencies that could create risk.\n\"Particularly, you wouldn’t need stablecoins, you wouldn’t need cryptocurrencies if you had a digital U.S. currency - I think that’s one of the stronger arguments in its favor,\" Powell said.\nThe Fed chair indicated there was still a lot of work left to do on both the technical and policy sides.\nHe said the U.S. was not in danger of losing its role as the world’s reserve currency, which offered an advantage as it worked toward a digital dollar.\n\"We have first mover advantage by virtue of that,\" Powell said. \"So I think it’s way more important to get it right than it is to do it fast.\"\nFederal Reserve Governor Lael Brainard said in May that the Federal Reserve was increasing its engagement in the research and development of a digital version of the U.S. dollar.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141436728,"gmtCreate":1625884341264,"gmtModify":1631893748309,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141436728","repostId":"2150030193","repostType":4,"isVote":1,"tweetType":1,"viewCount":651,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157211048,"gmtCreate":1625583086484,"gmtModify":1633939355470,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157211048","repostId":"2149507863","repostType":4,"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170299593,"gmtCreate":1626433111312,"gmtModify":1631891449703,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170299593","repostId":"1169060602","repostType":4,"repost":{"id":"1169060602","kind":"news","pubTimestamp":1626427921,"share":"https://www.laohu8.com/m/news/1169060602?lang=zh_CN&edition=full","pubTime":"2021-07-16 17:32","market":"us","language":"en","title":"An 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169060602","media":"CNN","summary":"New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy rid","content":"<p>New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.</p><p><blockquote>纽约（CNN商业）贝佐斯的火箭公司蓝色起源周四宣布，出价2800万美元与杰夫·贝索斯一起前往太空边缘11分钟欢乐之旅的神秘竞标者将不会成行。</blockquote></p><p> Blue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.</p><p><blockquote>蓝色起源在一份新闻稿中表示，这位要求暂时保持匿名的人士因“日程安排冲突”而不得不退出。获胜者将在未来的任务中占据一席之地。与贝佐斯、他的兄弟马克·贝佐斯以及82岁的飞行员、“水星13号”女性之一沃利·芬克（Wally Funk）一起飞行的将是一名18岁的高中毕业生奥利弗·代蒙（Oliver Daemen）。</blockquote></p><p> The flight is slated for July 20.</p><p><blockquote>该航班定于7月20日起飞。</blockquote></p><p> Daemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.</p><p><blockquote>代蒙“是拍卖的参与者，并在第二个航班上获得了一个座位。当第一个航班的这个座位有空时，我们把他提升了，”蓝色起源发言人告诉CNN Business。“我们不会透露他付了多少钱。”一位知情人士称，代蒙的位置是他的父亲乔斯·代蒙为他购买的，乔斯·代蒙是荷兰投资公司萨默塞特资本合伙公司的创始人兼首席执行官。</blockquote></p><p> Daemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.</p><p><blockquote>代蒙计划今年秋天就读于荷兰乌得勒支大学，他将成为有史以来飞往太空的最年轻的人，而芬克将成为最年长的人。</blockquote></p><p> This trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.</p><p><blockquote>这次旅行将标志着蓝色起源的亚轨道太空旅游火箭“新谢泼德”的首次载人飞行，该公司利用这一事实作为卖点，导致了上个月的一场直播竞购战。</blockquote></p><p> The $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.</p><p><blockquote>2800万美元的出价远远高于大多数人的预期。蓝色起源将这笔钱捐赠给了其非营利组织“未来俱乐部”，该组织致力于鼓励儿童的科技教育。未来俱乐部反过来将其中的1900万美元捐赠给了各种专注于太空的非营利组织，包括布鲁克·欧文斯奖学金（Brooke Owens Fellowship），这是一个女性科技奖学金基金，以及阿拉巴马州著名但财务困难的太空营。</blockquote></p><p> Blue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.</p><p><blockquote>蓝色起源在过去十年的大部分时间里都在运行亚轨道新谢泼德火箭，进行了一系列成功的试飞，这些试飞都是完全自动化的，到目前为止还没有载人。该公司上个月宣布，终于准备好开始为乘客安排航班，2000年创立蓝色起源的亚马逊亿万富翁贝佐斯将首次执行这项任务。</blockquote></p><p> According to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.</p><p><blockquote>根据该公司的网站，谁可以乘坐New Shepard航班有一些限制：每个人都必须年满18岁，身体状况良好，可以在一分半钟内爬七段楼梯，身高在5英尺0英寸到6英尺4英寸之间，体重在110磅到223磅之间。乘客还必须能够在不到15秒的时间内系好和解开安全带，在舱口关闭的情况下将安全带绑在太空舱中长达一个半小时，并在下降过程中承受高达5.5克的力。</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>An 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</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\">\nAn 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-07-16 17:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.</p><p><blockquote>纽约（CNN商业）贝佐斯的火箭公司蓝色起源周四宣布，出价2800万美元与杰夫·贝索斯一起前往太空边缘11分钟欢乐之旅的神秘竞标者将不会成行。</blockquote></p><p> Blue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.</p><p><blockquote>蓝色起源在一份新闻稿中表示，这位要求暂时保持匿名的人士因“日程安排冲突”而不得不退出。获胜者将在未来的任务中占据一席之地。与贝佐斯、他的兄弟马克·贝佐斯以及82岁的飞行员、“水星13号”女性之一沃利·芬克（Wally Funk）一起飞行的将是一名18岁的高中毕业生奥利弗·代蒙（Oliver Daemen）。</blockquote></p><p> The flight is slated for July 20.</p><p><blockquote>该航班定于7月20日起飞。</blockquote></p><p> Daemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.</p><p><blockquote>代蒙“是拍卖的参与者，并在第二个航班上获得了一个座位。当第一个航班的这个座位有空时，我们把他提升了，”蓝色起源发言人告诉CNN Business。“我们不会透露他付了多少钱。”一位知情人士称，代蒙的位置是他的父亲乔斯·代蒙为他购买的，乔斯·代蒙是荷兰投资公司萨默塞特资本合伙公司的创始人兼首席执行官。</blockquote></p><p> Daemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.</p><p><blockquote>代蒙计划今年秋天就读于荷兰乌得勒支大学，他将成为有史以来飞往太空的最年轻的人，而芬克将成为最年长的人。</blockquote></p><p> This trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.</p><p><blockquote>这次旅行将标志着蓝色起源的亚轨道太空旅游火箭“新谢泼德”的首次载人飞行，该公司利用这一事实作为卖点，导致了上个月的一场直播竞购战。</blockquote></p><p> The $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.</p><p><blockquote>2800万美元的出价远远高于大多数人的预期。蓝色起源将这笔钱捐赠给了其非营利组织“未来俱乐部”，该组织致力于鼓励儿童的科技教育。未来俱乐部反过来将其中的1900万美元捐赠给了各种专注于太空的非营利组织，包括布鲁克·欧文斯奖学金（Brooke Owens Fellowship），这是一个女性科技奖学金基金，以及阿拉巴马州著名但财务困难的太空营。</blockquote></p><p> Blue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.</p><p><blockquote>蓝色起源在过去十年的大部分时间里都在运行亚轨道新谢泼德火箭，进行了一系列成功的试飞，这些试飞都是完全自动化的，到目前为止还没有载人。该公司上个月宣布，终于准备好开始为乘客安排航班，2000年创立蓝色起源的亚马逊亿万富翁贝佐斯将首次执行这项任务。</blockquote></p><p> According to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.</p><p><blockquote>根据该公司的网站，谁可以乘坐New Shepard航班有一些限制：每个人都必须年满18岁，身体状况良好，可以在一分半钟内爬七段楼梯，身高在5英尺0英寸到6英尺4英寸之间，体重在110磅到223磅之间。乘客还必须能够在不到15秒的时间内系好和解开安全带，在舱口关闭的情况下将安全带绑在太空舱中长达一个半小时，并在下降过程中承受高达5.5克的力。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/07/15/tech/jeff-bezos-blue-origin-flight-passenger-scn/index.html\">CNN</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":{"AMZN":"亚马逊"},"source_url":"https://edition.cnn.com/2021/07/15/tech/jeff-bezos-blue-origin-flight-passenger-scn/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169060602","content_text":"New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.\nBlue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.\nThe flight is slated for July 20.\nDaemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.\nDaemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.\nThis trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.\nThe $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.\nBlue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.\nAccording to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1823,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170207632,"gmtCreate":1626432927526,"gmtModify":1631891449730,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170207632","repostId":"1127811524","repostType":4,"repost":{"id":"1127811524","kind":"news","pubTimestamp":1626426804,"share":"https://www.laohu8.com/m/news/1127811524?lang=zh_CN&edition=full","pubTime":"2021-07-16 17:13","market":"us","language":"en","title":"Tesla Model S, Model X Long Range Price Increases Reach China After US Hikes<blockquote>美国涨价后，特斯拉Model S、Model X长续航版涨价波及中国</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127811524","media":"Benzinga","summary":"Tesla Inc has raised the prices of the long-range variants of the Model S sedan and Model X SUV in C","content":"<p><div> Tesla Inc has raised the prices of the long-range variants of the Model S sedan and Model X SUV in China, days after a similar price hike in the United States. What Happened:The Palo Alto, California-...</p><p><blockquote><div>特斯拉公司提高了Model S轿车和Model X SUV长续航车型在中国的价格，几天前，美国也进行了类似的提价。发生了什么：加州帕洛阿尔托-...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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>Tesla Model S, Model X Long Range Price Increases Reach China After US Hikes<blockquote>美国涨价后，特斯拉Model S、Model X长续航版涨价波及中国</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\">\nTesla Model S, Model X Long Range Price Increases Reach China After US Hikes<blockquote>美国涨价后，特斯拉Model S、Model X长续航版涨价波及中国</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-07-16 17:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Tesla Inc has raised the prices of the long-range variants of the Model S sedan and Model X SUV in China, days after a similar price hike in the United States. What Happened:The Palo Alto, California-...</p><p><blockquote><div>特斯拉公司提高了Model S轿车和Model X SUV长续航车型在中国的价格，几天前，美国也进行了类似的提价。发生了什么：加州帕洛阿尔托-...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes\">Benzinga</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":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/news/21/07/22013220/tesla-model-s-model-x-long-range-price-increases-reach-china-after-us-hikes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127811524","content_text":"Tesla Inc has raised the prices of the long-range variants of the Model S sedan and Model X SUV in China, days after a similar price hike in the United States.\nWhat Happened:The Palo Alto, California-based automaker has quietly updated the China website to reflect the increase in prices by about $4,638 each.\nThe Price Hike:The Model S Long Range is now priced at RMB 829,990 (about $118,538) and Model X Long Range is RMB 879,990 (about $125,679).\nEarlier this month, Tesla customers in the U.S. faced a price hike for both the Model S and X long-range versions. Tesla already increased the price of thePlaid Model S by $10,000earlier this year.\nThe Elon Musk-led automaker has also started accepting bookings for itslocally built and more affordable variantof the electric mid-size SUV Model Y’s standard variant in China.\nMusk had a month ago blamed industry-wide supply chain issuesand semiconductor shortages for those price hikes.\nModel S and X vehicles are the company's most expensive, flagship vehicles. The S and X recently underwent a refresh, with a new interior and exterior design for a more modern look along with efficiency and range improvements.\nWhy It Matters:As per cnEVpost, which first reported the news, Tesla's frequent price cuts in the past have usually been met with criticism from owners in China, while the company claims it is giving consumers a discount with the cost savings from local production.\nChina is key to Tesla’s future growth plans and to fulfilling its ambition to deliver 20 million electric vehicles annually within a decade. The world’s largest automotive market already contributes nearly 30% of Tesla's global sales and is its second-largest market after the United States.\nPrice Action:Tesla shares closed 0.43% lower at $650.60 on Thursday.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1725,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170204457,"gmtCreate":1626432858379,"gmtModify":1631891449748,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170204457","repostId":"1169060602","repostType":4,"repost":{"id":"1169060602","kind":"news","pubTimestamp":1626427921,"share":"https://www.laohu8.com/m/news/1169060602?lang=zh_CN&edition=full","pubTime":"2021-07-16 17:32","market":"us","language":"en","title":"An 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1169060602","media":"CNN","summary":"New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy rid","content":"<p>New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.</p><p><blockquote>纽约（CNN商业）贝佐斯的火箭公司蓝色起源周四宣布，出价2800万美元与杰夫·贝索斯一起前往太空边缘11分钟欢乐之旅的神秘竞标者将不会成行。</blockquote></p><p> Blue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.</p><p><blockquote>蓝色起源在一份新闻稿中表示，这位要求暂时保持匿名的人士因“日程安排冲突”而不得不退出。获胜者将在未来的任务中占据一席之地。与贝佐斯、他的兄弟马克·贝佐斯以及82岁的飞行员、“水星13号”女性之一沃利·芬克（Wally Funk）一起飞行的将是一名18岁的高中毕业生奥利弗·代蒙（Oliver Daemen）。</blockquote></p><p> The flight is slated for July 20.</p><p><blockquote>该航班定于7月20日起飞。</blockquote></p><p> Daemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.</p><p><blockquote>代蒙“是拍卖的参与者，并在第二个航班上获得了一个座位。当第一个航班的这个座位有空时，我们把他提升了，”蓝色起源发言人告诉CNN Business。“我们不会透露他付了多少钱。”一位知情人士称，代蒙的位置是他的父亲乔斯·代蒙为他购买的，乔斯·代蒙是荷兰投资公司萨默塞特资本合伙公司的创始人兼首席执行官。</blockquote></p><p> Daemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.</p><p><blockquote>代蒙计划今年秋天就读于荷兰乌得勒支大学，他将成为有史以来飞往太空的最年轻的人，而芬克将成为最年长的人。</blockquote></p><p> This trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.</p><p><blockquote>这次旅行将标志着蓝色起源的亚轨道太空旅游火箭“新谢泼德”的首次载人飞行，该公司利用这一事实作为卖点，导致了上个月的一场直播竞购战。</blockquote></p><p> The $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.</p><p><blockquote>2800万美元的出价远远高于大多数人的预期。蓝色起源将这笔钱捐赠给了其非营利组织“未来俱乐部”，该组织致力于鼓励儿童的科技教育。未来俱乐部反过来将其中的1900万美元捐赠给了各种专注于太空的非营利组织，包括布鲁克·欧文斯奖学金（Brooke Owens Fellowship），这是一个女性科技奖学金基金，以及阿拉巴马州著名但财务困难的太空营。</blockquote></p><p> Blue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.</p><p><blockquote>蓝色起源在过去十年的大部分时间里都在运行亚轨道新谢泼德火箭，进行了一系列成功的试飞，这些试飞都是完全自动化的，到目前为止还没有载人。该公司上个月宣布，终于准备好开始为乘客安排航班，2000年创立蓝色起源的亚马逊亿万富翁贝佐斯将首次执行这项任务。</blockquote></p><p> According to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.</p><p><blockquote>根据该公司的网站，谁可以乘坐New Shepard航班有一些限制：每个人都必须年满18岁，身体状况良好，可以在一分半钟内爬七段楼梯，身高在5英尺0英寸到6英尺4英寸之间，体重在110磅到223磅之间。乘客还必须能够在不到15秒的时间内系好和解开安全带，在舱口关闭的情况下将安全带绑在太空舱中长达一个半小时，并在下降过程中承受高达5.5克的力。</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>An 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</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\">\nAn 18-year-old is going to space with Jeff Bezos<blockquote>一个18岁的年轻人将和杰夫·贝索斯一起去太空</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN</strong><span class=\"h-time small\">2021-07-16 17:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.</p><p><blockquote>纽约（CNN商业）贝佐斯的火箭公司蓝色起源周四宣布，出价2800万美元与杰夫·贝索斯一起前往太空边缘11分钟欢乐之旅的神秘竞标者将不会成行。</blockquote></p><p> Blue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.</p><p><blockquote>蓝色起源在一份新闻稿中表示，这位要求暂时保持匿名的人士因“日程安排冲突”而不得不退出。获胜者将在未来的任务中占据一席之地。与贝佐斯、他的兄弟马克·贝佐斯以及82岁的飞行员、“水星13号”女性之一沃利·芬克（Wally Funk）一起飞行的将是一名18岁的高中毕业生奥利弗·代蒙（Oliver Daemen）。</blockquote></p><p> The flight is slated for July 20.</p><p><blockquote>该航班定于7月20日起飞。</blockquote></p><p> Daemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.</p><p><blockquote>代蒙“是拍卖的参与者，并在第二个航班上获得了一个座位。当第一个航班的这个座位有空时，我们把他提升了，”蓝色起源发言人告诉CNN Business。“我们不会透露他付了多少钱。”一位知情人士称，代蒙的位置是他的父亲乔斯·代蒙为他购买的，乔斯·代蒙是荷兰投资公司萨默塞特资本合伙公司的创始人兼首席执行官。</blockquote></p><p> Daemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.</p><p><blockquote>代蒙计划今年秋天就读于荷兰乌得勒支大学，他将成为有史以来飞往太空的最年轻的人，而芬克将成为最年长的人。</blockquote></p><p> This trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.</p><p><blockquote>这次旅行将标志着蓝色起源的亚轨道太空旅游火箭“新谢泼德”的首次载人飞行，该公司利用这一事实作为卖点，导致了上个月的一场直播竞购战。</blockquote></p><p> The $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.</p><p><blockquote>2800万美元的出价远远高于大多数人的预期。蓝色起源将这笔钱捐赠给了其非营利组织“未来俱乐部”，该组织致力于鼓励儿童的科技教育。未来俱乐部反过来将其中的1900万美元捐赠给了各种专注于太空的非营利组织，包括布鲁克·欧文斯奖学金（Brooke Owens Fellowship），这是一个女性科技奖学金基金，以及阿拉巴马州著名但财务困难的太空营。</blockquote></p><p> Blue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.</p><p><blockquote>蓝色起源在过去十年的大部分时间里都在运行亚轨道新谢泼德火箭，进行了一系列成功的试飞，这些试飞都是完全自动化的，到目前为止还没有载人。该公司上个月宣布，终于准备好开始为乘客安排航班，2000年创立蓝色起源的亚马逊亿万富翁贝佐斯将首次执行这项任务。</blockquote></p><p> According to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.</p><p><blockquote>根据该公司的网站，谁可以乘坐New Shepard航班有一些限制：每个人都必须年满18岁，身体状况良好，可以在一分半钟内爬七段楼梯，身高在5英尺0英寸到6英尺4英寸之间，体重在110磅到223磅之间。乘客还必须能够在不到15秒的时间内系好和解开安全带，在舱口关闭的情况下将安全带绑在太空舱中长达一个半小时，并在下降过程中承受高达5.5克的力。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/07/15/tech/jeff-bezos-blue-origin-flight-passenger-scn/index.html\">CNN</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":{"AMZN":"亚马逊"},"source_url":"https://edition.cnn.com/2021/07/15/tech/jeff-bezos-blue-origin-flight-passenger-scn/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169060602","content_text":"New York (CNN Business)The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff Bezos will not make the trip, Bezos' rocket company Blue Origin announced Thursday.\nBlue Origin said in a press release that the person, who asked to remain anonymous for the time being, had to bow out because of \"scheduling conflicts.\" The winner will instead take a spot on a future mission. Flying in their place — alongside Bezos, his brother Mark Bezos, and Wally Funk, an 82-year-old pilot and one of the \"Mercury 13\" women — will be an 18-year old recent high school graduate named Oliver Daemen.\nThe flight is slated for July 20.\nDaemen \"was a participant in the auction and had secured a seat on the second flight. We moved him up when this seat on the first flight became available,\" a Blue Origin spokesperson told CNN Business. \"We're not disclosing how much he paid.\" A source familiar with the matter said Daemen's spot was purchased for him by his father, Joes Daemen, who is the founder and CEO of Somerset Capital Partners, an investment firm based in the Netherlands.\nDaemen, who plans to attend the University of Utrecht in the Netherlands this fall, will become the youngest person ever to fly to space, while Funk will become the oldest.\nThis trip will mark the first ever crewed flight of Blue Origin's suborbital space tourism rocket, called New Shepard, and the company used that fact as a selling point leading up to a livestreamed bidding war last month.\nThe $28 million bid was far higher than most had anticipated the auction would fetch. Blue Origin donated the money to its nonprofit group, Club for the Future, which is focused on encouraging science and tech education among children. Club for the Future in turn donated $19 million of that money to a variety of space-focused nonprofits, including the Brooke Owens Fellowship, which is a women-in-tech scholarship fund, and the famed but financially struggling Space Camp in Alabama.\nBlue Origin has spent the better part of the last decade running the suborbital New Shepard rocket through a series of successful test flights that have been fully automated and, thus far, carried no humans. The company announced last month that it was finally ready to begin scheduling flights for passengers and that Bezos, the Amazon billionaire who founded Blue Origin in 2000, would be on the first-ever mission.\nAccording to the company's website, there are a few limitations on who can take a New Shepard flight: Everyone must be 18 years or older, be in good enough physical shape to climb seven flights of stairs in a minute and a half, be between 5'0\" and 6'4\" in height and between 110 pounds and 223 pounds in weight. Passengers must also be able to fasten and unfasten their seat harness in less than 15 seconds, spend up to an hour and a half strapped into the capsule with the hatch closed, and withstand up to 5.5G in force during descent.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146384508,"gmtCreate":1626054153904,"gmtModify":1631893748292,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"Interesting insight 👍","listText":"Interesting insight 👍","text":"Interesting insight 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146384508","repostId":"1156998035","repostType":4,"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141431781,"gmtCreate":1625884225443,"gmtModify":1631893748314,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141431781","repostId":"1142328952","repostType":4,"isVote":1,"tweetType":1,"viewCount":670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154029152,"gmtCreate":1625461747276,"gmtModify":1633940442508,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/154029152","repostId":"1154888582","repostType":4,"repost":{"id":"1154888582","kind":"news","pubTimestamp":1625453334,"share":"https://www.laohu8.com/m/news/1154888582?lang=zh_CN&edition=full","pubTime":"2021-07-05 10:48","market":"hk","language":"en","title":"Why Warren Buffett Buys REITs Instead Of Rental Properties<blockquote>为什么沃伦·巴菲特购买房地产投资信托基金而不是租赁房产</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154888582","media":"seeking alpha","summary":"Summary\n\nWarren Buffett has a history of favoring REITs over rental properties.\nIn past shareholder ","content":"<p>Summary</p><p><blockquote>总结</blockquote></p><p> <ul>  <li>Warren Buffett has a history of favoring REITs over rental properties.</li>  <li>In past shareholder meetings, he explains that he dislikes private real estate investments for a number of reasons.</li>  <li>Most importantly, he has no edge in real estate, does not want to deal with the management, and finds it difficult to find opportunities.</li>  <li>That's why he favors REITs, which he bought as recently as last year.</li>  <li>Looking for a portfolio of ideas like this <a href=\"https://laohu8.com/S/AONE\">one</a>? Members of High Yield Landlord get exclusive access to our model portfolio.Learn More »</li> </ul> Feverpitched/iStock via <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images</p><p><blockquote><ul><li>沃伦·巴菲特历来青睐房地产投资信托基金而不是租赁物业。</li><li>在过去的股东大会上，他解释说，出于多种原因，他不喜欢私人房地产投资。</li><li>最重要的是，他在房地产方面没有优势，不想和管理层打交道，很难找到机会。</li><li>这就是他青睐房地产投资信托基金的原因，他去年才购买了房地产投资信托基金。</li><li>寻找这样的想法组合<a href=\"https://laohu8.com/S/AONE\">一</a>？高收益房东的成员可以独家访问我们的模型投资组合。了解更多»</li></ul>Feverpitched/iStock来自<a href=\"https://laohu8.com/S/GTY\">盖蒂</a>图像</blockquote></p><p> In previousarticles, I have explained that despite having a background in private equity real estate investing, I chose to invest my capital into REITs because they're safer and more rewarding in most cases.</p><p><blockquote>在之前的文章中，我解释过，尽管我有私募股权房地产投资背景，但我选择将资本投资于房地产投资信托基金，因为它们在大多数情况下更安全、回报更高。</blockquote></p><p> REITs are safer because they're well diversified, professionally managed, liquid, and have better access to capital.</p><p><blockquote>房地产投资信托基金更安全，因为它们多元化、专业管理、流动性强，并且可以更好地获得资本。</blockquote></p><p> They're also more rewarding because they enjoy large economies of scale, faster growth, and investors pay much lower transaction costs:</p><p><blockquote>它们的回报也更高，因为它们享有巨大的规模经济、更快的增长，而且投资者支付的交易成本也低得多：</blockquote></p><p> <i>Study shows that REITs outperform private real estate by ~4% per year:</i></p><p><blockquote><i>研究表明，房地产投资信托基金的表现每年优于私人房地产约4%：</i></blockquote></p><p> <img src=\"https://static.tigerbbs.com/08211e86e46b7ccd368944f838ce3c87\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i>Source</i></p><p><blockquote><i>来源</i></blockquote></p><p> In short, REITs combine the benefits of real estate (high income, inflation protection, appreciation) with the benefits of stocks (liquidity, low transaction cost, professional management, diversification) into <a href=\"https://laohu8.com/S/AONE.U\">one</a> beautiful vehicle that provides better risk-and-hassle adjusted returns than rental properties.</p><p><blockquote>简而言之，REITs将房地产的好处（高收益、防通胀、升值）与股票的好处（流动性、低交易成本、专业化管理、多元化）结合成<a href=\"https://laohu8.com/S/AONE.U\">一</a>漂亮的车辆，提供比租赁物业更好的风险和麻烦调整回报。</blockquote></p><p> But don't take it just from me.</p><p><blockquote>但不要只从我这里拿走。</blockquote></p><p> Warren Buffett could build a portfolio of rental properties, and yet, he chooses to invest in REITs instead. By reviewing past annual reports of <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a> (BRK.A) (BRK.B), we find that he has previously invested in Tanger Outlets (SKT), <a href=\"https://laohu8.com/S/GGP\">General Growth Properties</a> ((now Brookfield (BPY)), <a href=\"https://laohu8.com/S/VNO\">Vornado</a> (VNO.PK), <a href=\"https://laohu8.com/S/SRG\">Seritage Growth Properties</a> (SRG), and <a href=\"https://laohu8.com/S/STOR\">STORE Capital</a> (STOR) among others. As recently as last year, he doubled down on <a href=\"https://laohu8.com/S/STOR\">STORE Capital</a> when it dropped following the covid market crash.</p><p><blockquote>沃伦·巴菲特可以建立租赁物业投资组合，但他选择投资房地产投资信托基金。审阅本公司过往年报<a href=\"https://laohu8.com/S/BRK.A\">伯克希尔哈撒韦</a>（BRK.A）（BRK.B），我们发现他之前投资了Tanger Outlets（SKT），<a href=\"https://laohu8.com/S/GGP\">一般生长特性</a>（（现在布鲁克菲尔德（BPY）），<a href=\"https://laohu8.com/S/VNO\">沃尔纳多</a>(VNO.PK),<a href=\"https://laohu8.com/S/SRG\">Seritage生长特性</a>(SRG)，以及<a href=\"https://laohu8.com/S/STOR\">商店资本</a>（STOR）除其他外。就在去年，他加倍下注<a href=\"https://laohu8.com/S/STOR\">商店资本</a>当它在covid市场崩盘后下跌时。</blockquote></p><p> Why doesn't he buy rentals instead?</p><p><blockquote>他为什么不买出租呢？</blockquote></p><p> That's what we will explore in today's article. Warren Buffett has often discussed this topic in past interviews, and in what follows, we will discuss the five reasons why he favors REITs over rental properties:</p><p><blockquote>这就是我们今天文章要探讨的。沃伦·巴菲特在过去的采访中经常讨论这个话题，在接下来的内容中，我们将讨论他更喜欢房地产投资信托基金而不是租赁物业的五个原因：</blockquote></p><p> Reason #1: Stick to Your Circle of Competence</p><p><blockquote>理由1：坚持你的能力圈</blockquote></p><p> Warren Buffett popularized the motto: \"Know your circle of competence, and stick within it.\"</p><p><blockquote>沃伦·巴菲特推广了这句格言：“了解你的能力圈，并坚持在其中。”</blockquote></p><p> He explains that the size of that circle is much less important than knowing its boundaries.</p><p><blockquote>他解释说，这个圆的大小远没有知道它的边界重要。</blockquote></p><p> Put differently, you cannot be a jack of all trades and need to specialize in something to truly master it.</p><p><blockquote>换句话说，你不可能成为万事通，需要专攻某件事才能真正掌握它。</blockquote></p><p> For Buffett, this was mainly consumer goods and the insurance business. Not surprisingly, he rarely invests in real estate (or even REITs) because that's out of his circle of competence.</p><p><blockquote>对巴菲特来说，这主要是消费品和保险业务。毫不奇怪，他很少投资房地产（甚至房地产投资信托基金），因为这超出了他的能力范围。</blockquote></p><p> At a shareholdermeeting, when questioned about investing in real estate, Buffett and Charlie Munger added that it's a sector in which they have no competitive advantage. They explain that REITs and large private equity firms would have better resources, expertise, scale, and relationships than them, putting Berkshire at a disadvantage if they tried to invest in real estate.</p><p><blockquote>在一次股东大会上，当被问及投资房地产时，巴菲特和查理·芒格补充说，这是一个他们没有竞争优势的行业。他们解释说，房地产投资信托基金和大型私募股权公司将比他们拥有更好的资源、专业知识、规模和关系，如果他们试图投资房地产，伯克希尔将处于不利地位。</blockquote></p><p> This is <a href=\"https://laohu8.com/S/AONE\">one</a> of the main reasons why they rather invest in the shares of REITs. It aligns them with professionals who have better resources and expertise than them.</p><p><blockquote>这是<a href=\"https://laohu8.com/S/AONE\">一</a>他们宁愿投资房地产投资信托基金股票的主要原因。它将他们与比他们拥有更好资源和专业知识的专业人士联系起来。</blockquote></p><p> As an example, STORE Capitalis the leader in sale-and-leaseback transactions in middle markets. It's a strategy that they couldn't follow on their own.</p><p><blockquote>例如，STORE Capitalis是中间市场售后回租交易的领导者。这是他们自己无法遵循的策略。</blockquote></p><p> Reason #2: Tenants, Toilets, and Trash</p><p><blockquote>原因2：租户、厕所和垃圾</blockquote></p><p> In the aftermath of the great financial crisis, Buffett famouslysaidthat if he had an easy way of managing rental properties, he would load up on them.</p><p><blockquote>在金融危机之后，巴菲特有一句名言，如果他有一种简单的方法来管理出租房产，他就会大量购买。</blockquote></p><p> Back then, property prices had recently crashed and there was a great opportunity to buy single-family houses.</p><p><blockquote>当时，房地产价格最近暴跌，有一个购买独栋房屋的大好机会。</blockquote></p><p> Even then, he didn't.</p><p><blockquote>即便如此，他也没有。</blockquote></p><p> Why you might ask?</p><p><blockquote>你可能会问为什么？</blockquote></p><p> He explains that the management of rental properties is a nightmare. It's a relatively low margin business that does not scale nicely.</p><p><blockquote>他解释说，出租物业的管理是一场噩梦。这是一项利润率相对较低的业务，规模不太大。</blockquote></p><p></p><p> Imagine you own a rental that you rent for $1,000 per month. After you have removed all expenses, your NOI is (let's say) $700 per month, resulting in an annual cash flow of $8,400. All it takes is <a href=\"https://laohu8.com/S/AONE.U\">one</a> unforeseen disappointment and your entire year's cash flow could be gone: A tenant who refuses to pay and won't move... a leaking roof that causes water damage... pipes that bust due to cold climate...</p><p><blockquote>想象一下，你拥有一套每月1000美元的出租屋。扣除所有费用后，您的NOI为（比方说）每月700美元，每年现金流为8,400美元。只需要<a href=\"https://laohu8.com/S/AONE.U\">一</a>不可预见的失望和你一整年的现金流可能会消失：一个拒绝付款也不愿搬家的房客...导致水毁的漏水屋顶...因寒冷气候而破裂的管道...</blockquote></p><p> Unless you enjoy large-scale, lowering your property management cost, it's difficult to consistently earn good returns, and on top of that, it's a big hassle that most people would rather avoid.</p><p><blockquote>除非你喜欢大规模，降低你的物业管理成本，否则很难持续获得良好的回报，最重要的是，这是一个大多数人宁愿避免的大麻烦。</blockquote></p><p> With REITs, you enjoy the benefits of scale and have professional managers handle everything for you in a cost-effective way.</p><p><blockquote>有了房地产投资信托基金，您可以享受规模效益，并让专业经理以经济高效的方式为您处理一切。</blockquote></p><p> Reason #3: No Corporate Income Tax</p><p><blockquote>原因3：没有企业所得税</blockquote></p><p> <a href=\"https://laohu8.com/S/ISBC\">Investors</a> commonly think that rental properties are more tax-efficient than REIT investments, but that's not always the case.</p><p><blockquote><a href=\"https://laohu8.com/S/ISBC\">投资者</a>人们普遍认为出租房产比房地产投资信托基金投资更节税，但情况并非总是如此。</blockquote></p><p> REITs are very tax efficient when you really think about it:</p><p><blockquote>仔细想想，房地产投资信托基金的税收效率非常高：</blockquote></p><p> <ol>  <li>They pay no corporate income tax.</li>  <li>They distribute 60%-70% of their cash, meaning that 30%-40% isn't taxed.</li>  <li>A portion of the distribution is \"return of capital,\" which isn't taxed.</li>  <li>The portion that's taxed enjoys a 20% deduction.</li>  <li>Generally, REITs are more growth-oriented real estate investments, and therefore, more than half of the total return is tax-deferred appreciation.</li> </ol> Berkshire is structured as a C-corp, and therefore, it must pay corporate tax on all its profits. For this reason, REITs are more tax efficient for Berkshire.</p><p><blockquote><ol><li>他们不缴纳企业所得税。</li><li>他们分配60%-70%的现金，这意味着30%-40%不征税。</li><li>分配的一部分是“资本回报”，不征税。</li><li>征税的部分享受20%的扣除。</li><li>一般来说，房地产投资信托基金是更注重增长的房地产投资，因此，总回报的一半以上是递延税增值。</li></ol>伯克希尔的结构是C-corp，因此，它必须为其所有利润缴纳公司税。因此，房地产投资信托基金对伯克希尔来说更具税收效率。</blockquote></p><p> Private rental properties enjoy higher yields, but slower growth.</p><p><blockquote>私人出租物业收益率较高，但增长较慢。</blockquote></p><p> REITs enjoy faster growth, but lower yields.</p><p><blockquote>房地产投资信托基金增长更快，但收益率较低。</blockquote></p><p> Berkshire would rather compound its capital via tax-deferred appreciation and avoid having to pay corporate taxes on the income generated by the investment.</p><p><blockquote>伯克希尔宁愿通过递延税增值来复利其资本，并避免为投资产生的收入缴纳公司税。</blockquote></p><p> Reason #4: Volatility Brings Opportunities</p><p><blockquote>原因4：波动性带来机遇</blockquote></p><p> Unsophisticated individual investors fear volatility. They're excessively short-term minded, fixate on daily quotes, and are quick to panic.</p><p><blockquote>不成熟的个人投资者害怕波动性。他们过于短视，专注于每日报价，很快就会恐慌。</blockquote></p><p> For these reasons, they often favor rental properties which give them a false sense of stability due to the lack of quotation.</p><p><blockquote>由于这些原因，他们往往喜欢出租物业，这给他们一种虚假的稳定感，由于缺乏报价。</blockquote></p><p> But professional investors like Warren Buffett welcome the volatility and see it as a gift. It gives them the opportunity to make investments at a discounted price, which will ultimately result in higher returns in the long run.</p><p><blockquote>但像沃伦·巴菲特这样的专业投资者欢迎波动性，并将其视为一份礼物。这让他们有机会以折扣价进行投资，从长远来看，这最终会带来更高的回报。</blockquote></p><p> In a previousinterview, Buffett explains that the real estate market moves slowly, and therefore, it's rare for large mispricing to occur. Most property owners are long-term minded and do a reasonably good job at pricing the risk and reward potential of various properties. It makes it harder for investors like him to earn abnormally strong returns.</p><p><blockquote>在之前的一次采访中，巴菲特解释说，房地产市场走势缓慢，因此很少发生大规模的错误定价。大多数业主都有长远的想法，在对各种房产的风险和回报潜力进行定价方面做得相当好。这使得像他这样的投资者更难获得异常强劲的回报。</blockquote></p><p> With REITs, there are more frequent opportunities. As an example, back in 2017, STORE Capital produced new record results, but it dropped from $30 to $20 because the retail market was out-of-favor. What the market failed to realize is that STOR earns revenue from mainly service-oriented retailers that are resilient to Amazon (AMZN) and its leases were 10+ years long.</p><p><blockquote>有了REITs，机会就更频繁了。举个例子，早在2017年，STORE Capital就创造了新的创纪录业绩，但由于零售市场失宠，从30美元跌至20美元。市场没有意识到的是，STOR的收入主要来自服务型零售商，这些零售商对亚马逊(AMZN)具有弹性，而且其租约长达10多年。</blockquote></p><p> That was a great opportunity and Berkshire seized it. Chris Volk, former CEO of STORE Capital explains the background to this investment in the below video. Skip to the 8:55 section:</p><p><blockquote>这是一个很好的机会，伯克希尔抓住了它。STORE Capital前首席执行官Chris Volk在下面的视频中解释了这项投资的背景。跳到8:55部分：</blockquote></p><p> Buffett was behind the idea and they build their position in STOR after it had dropped, taking advantage of the market volatility.</p><p><blockquote>巴菲特是这个想法的幕后黑手，他们在STOR下跌后利用市场波动建立了自己的头寸。</blockquote></p><p> Shortly after, STOR recovered, earning them a return that easily beat what they would have gotten from a regular rental property.</p><p><blockquote>不久之后，STOR康复了，为他们赢得的回报轻松超过了他们从普通租赁房产中获得的回报。</blockquote></p><p> When you are long-term minded like Buffett, volatility is a big plus and it explains why he likes REITs.</p><p><blockquote>当你像巴菲特一样有长远眼光时，波动性是一大优势，这解释了他为什么喜欢房地产投资信托基金。</blockquote></p><p> Reason #5: Disconnect Between <a href=\"https://laohu8.com/S/00626\">Public</a> and Private Market</p><p><blockquote>原因5：之间断开连接<a href=\"https://laohu8.com/S/00626\">公共的</a>和私人市场</blockquote></p><p> Finally, it all comes down to the price you pay.</p><p><blockquote>最后，这一切都取决于你付出的代价。</blockquote></p><p> Today, the housing market is booming with the average home appreciating by16%over the past year.</p><p><blockquote>如今，房地产市场正在蓬勃发展，过去一年平均房价上涨了16%。</blockquote></p><p> On the other hand, REITs (VNQ) are barely recovering from the crash they endured in 2020, and many individual REITs are still priced at a 20, 30, or even 40% discount to pre-crisis levels.</p><p><blockquote>另一方面，房地产投资信托基金（VNQ）几乎没有从2020年经历的崩盘中恢复过来，许多单个房地产投资信托基金的定价仍比危机前水平低20、30甚至40%。</blockquote></p><p> Put simply, REITs offer better value than private real estate, and that explains why he favors REITs.</p><p><blockquote>简而言之，房地产投资信托基金比私人房地产提供更好的价值，这解释了他为什么青睐房地产投资信托基金。</blockquote></p><p> Last year, Berkshire doubled down on STORE Capital, which has since then nicely recovered. They own $850 million worth of equity, representing 9% of the company.</p><p><blockquote>去年，伯克希尔加倍投资STORE Capital，此后该公司已恢复良好。他们拥有价值8.5亿美元的股权，占公司9%的股份。</blockquote></p><p> I bet that Berkshire would have made many more REIT investments over the past if it could. But given its large size and the strict ownership limits on REITs, most of them are too small for Berkshire.</p><p><blockquote>我敢打赌，如果可以的话，伯克希尔过去会进行更多的房地产投资信托基金投资。但鉴于其庞大的规模和房地产投资信托基金严格的所有权限制，大多数房地产投资信托基金对伯克希尔来说都太小了。</blockquote></p><p> That's one of the rare advantages that individual investors have over Buffett. You can freely invest in just any REIT, regardless of its size, and gain exposure to discounted and professionally managed real estate.</p><p><blockquote>这是个人投资者相对于巴菲特少有的优势之一。您可以自由投资任何房地产投资信托基金，无论其规模如何，并获得折扣和专业管理的房地产投资。</blockquote></p><p> Closing Note</p><p><blockquote>结束语</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> like Buffett, I favor REIT investments because they provide better risk-and-hassle adjusted returns in most cases.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>和巴菲特一样，我喜欢房地产投资信托基金投资，因为在大多数情况下，它们可以提供更好的风险和麻烦调整后回报。</blockquote></p><p> During the past 20 years, the average annual returns have been upward of 15%, with some individual REITs doing even better than that:</p><p><blockquote>过去20年，平均年回报率在15%以上，一些个别REITs的表现甚至更好：</blockquote></p><p> Could I do better by buying private properties? I seriously doubt it.</p><p><blockquote>我能通过购买私人房产做得更好吗？我严重怀疑。</blockquote></p><p> And even if I could, would it be worth it to accept much greater risk and hassle to earn a few extra points of return? Probably not.</p><p><blockquote>即使我可以，为了赚取一些额外的回报点而接受更大的风险和麻烦值得吗？应该不会吧。</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>Why Warren Buffett Buys REITs Instead Of Rental Properties<blockquote>为什么沃伦·巴菲特购买房地产投资信托基金而不是租赁房产</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\">\nWhy Warren Buffett Buys REITs Instead Of Rental Properties<blockquote>为什么沃伦·巴菲特购买房地产投资信托基金而不是租赁房产</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seeking alpha</strong><span class=\"h-time small\">2021-07-05 10:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summary</p><p><blockquote>总结</blockquote></p><p> <ul>  <li>Warren Buffett has a history of favoring REITs over rental properties.</li>  <li>In past shareholder meetings, he explains that he dislikes private real estate investments for a number of reasons.</li>  <li>Most importantly, he has no edge in real estate, does not want to deal with the management, and finds it difficult to find opportunities.</li>  <li>That's why he favors REITs, which he bought as recently as last year.</li>  <li>Looking for a portfolio of ideas like this <a href=\"https://laohu8.com/S/AONE\">one</a>? Members of High Yield Landlord get exclusive access to our model portfolio.Learn More »</li> </ul> Feverpitched/iStock via <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images</p><p><blockquote><ul><li>沃伦·巴菲特历来青睐房地产投资信托基金而不是租赁物业。</li><li>在过去的股东大会上，他解释说，出于多种原因，他不喜欢私人房地产投资。</li><li>最重要的是，他在房地产方面没有优势，不想和管理层打交道，很难找到机会。</li><li>这就是他青睐房地产投资信托基金的原因，他去年才购买了房地产投资信托基金。</li><li>寻找这样的想法组合<a href=\"https://laohu8.com/S/AONE\">一</a>？高收益房东的成员可以独家访问我们的模型投资组合。了解更多»</li></ul>Feverpitched/iStock来自<a href=\"https://laohu8.com/S/GTY\">盖蒂</a>图像</blockquote></p><p> In previousarticles, I have explained that despite having a background in private equity real estate investing, I chose to invest my capital into REITs because they're safer and more rewarding in most cases.</p><p><blockquote>在之前的文章中，我解释过，尽管我有私募股权房地产投资背景，但我选择将资本投资于房地产投资信托基金，因为它们在大多数情况下更安全、回报更高。</blockquote></p><p> REITs are safer because they're well diversified, professionally managed, liquid, and have better access to capital.</p><p><blockquote>房地产投资信托基金更安全，因为它们多元化、专业管理、流动性强，并且可以更好地获得资本。</blockquote></p><p> They're also more rewarding because they enjoy large economies of scale, faster growth, and investors pay much lower transaction costs:</p><p><blockquote>它们的回报也更高，因为它们享有巨大的规模经济、更快的增长，而且投资者支付的交易成本也低得多：</blockquote></p><p> <i>Study shows that REITs outperform private real estate by ~4% per year:</i></p><p><blockquote><i>研究表明，房地产投资信托基金的表现每年优于私人房地产约4%：</i></blockquote></p><p> <img src=\"https://static.tigerbbs.com/08211e86e46b7ccd368944f838ce3c87\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i>Source</i></p><p><blockquote><i>来源</i></blockquote></p><p> In short, REITs combine the benefits of real estate (high income, inflation protection, appreciation) with the benefits of stocks (liquidity, low transaction cost, professional management, diversification) into <a href=\"https://laohu8.com/S/AONE.U\">one</a> beautiful vehicle that provides better risk-and-hassle adjusted returns than rental properties.</p><p><blockquote>简而言之，REITs将房地产的好处（高收益、防通胀、升值）与股票的好处（流动性、低交易成本、专业化管理、多元化）结合成<a href=\"https://laohu8.com/S/AONE.U\">一</a>漂亮的车辆，提供比租赁物业更好的风险和麻烦调整回报。</blockquote></p><p> But don't take it just from me.</p><p><blockquote>但不要只从我这里拿走。</blockquote></p><p> Warren Buffett could build a portfolio of rental properties, and yet, he chooses to invest in REITs instead. By reviewing past annual reports of <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a> (BRK.A) (BRK.B), we find that he has previously invested in Tanger Outlets (SKT), <a href=\"https://laohu8.com/S/GGP\">General Growth Properties</a> ((now Brookfield (BPY)), <a href=\"https://laohu8.com/S/VNO\">Vornado</a> (VNO.PK), <a href=\"https://laohu8.com/S/SRG\">Seritage Growth Properties</a> (SRG), and <a href=\"https://laohu8.com/S/STOR\">STORE Capital</a> (STOR) among others. As recently as last year, he doubled down on <a href=\"https://laohu8.com/S/STOR\">STORE Capital</a> when it dropped following the covid market crash.</p><p><blockquote>沃伦·巴菲特可以建立租赁物业投资组合，但他选择投资房地产投资信托基金。审阅本公司过往年报<a href=\"https://laohu8.com/S/BRK.A\">伯克希尔哈撒韦</a>（BRK.A）（BRK.B），我们发现他之前投资了Tanger Outlets（SKT），<a href=\"https://laohu8.com/S/GGP\">一般生长特性</a>（（现在布鲁克菲尔德（BPY）），<a href=\"https://laohu8.com/S/VNO\">沃尔纳多</a>(VNO.PK),<a href=\"https://laohu8.com/S/SRG\">Seritage生长特性</a>(SRG)，以及<a href=\"https://laohu8.com/S/STOR\">商店资本</a>（STOR）除其他外。就在去年，他加倍下注<a href=\"https://laohu8.com/S/STOR\">商店资本</a>当它在covid市场崩盘后下跌时。</blockquote></p><p> Why doesn't he buy rentals instead?</p><p><blockquote>他为什么不买出租呢？</blockquote></p><p> That's what we will explore in today's article. Warren Buffett has often discussed this topic in past interviews, and in what follows, we will discuss the five reasons why he favors REITs over rental properties:</p><p><blockquote>这就是我们今天文章要探讨的。沃伦·巴菲特在过去的采访中经常讨论这个话题，在接下来的内容中，我们将讨论他更喜欢房地产投资信托基金而不是租赁物业的五个原因：</blockquote></p><p> Reason #1: Stick to Your Circle of Competence</p><p><blockquote>理由1：坚持你的能力圈</blockquote></p><p> Warren Buffett popularized the motto: \"Know your circle of competence, and stick within it.\"</p><p><blockquote>沃伦·巴菲特推广了这句格言：“了解你的能力圈，并坚持在其中。”</blockquote></p><p> He explains that the size of that circle is much less important than knowing its boundaries.</p><p><blockquote>他解释说，这个圆的大小远没有知道它的边界重要。</blockquote></p><p> Put differently, you cannot be a jack of all trades and need to specialize in something to truly master it.</p><p><blockquote>换句话说，你不可能成为万事通，需要专攻某件事才能真正掌握它。</blockquote></p><p> For Buffett, this was mainly consumer goods and the insurance business. Not surprisingly, he rarely invests in real estate (or even REITs) because that's out of his circle of competence.</p><p><blockquote>对巴菲特来说，这主要是消费品和保险业务。毫不奇怪，他很少投资房地产（甚至房地产投资信托基金），因为这超出了他的能力范围。</blockquote></p><p> At a shareholdermeeting, when questioned about investing in real estate, Buffett and Charlie Munger added that it's a sector in which they have no competitive advantage. They explain that REITs and large private equity firms would have better resources, expertise, scale, and relationships than them, putting Berkshire at a disadvantage if they tried to invest in real estate.</p><p><blockquote>在一次股东大会上，当被问及投资房地产时，巴菲特和查理·芒格补充说，这是一个他们没有竞争优势的行业。他们解释说，房地产投资信托基金和大型私募股权公司将比他们拥有更好的资源、专业知识、规模和关系，如果他们试图投资房地产，伯克希尔将处于不利地位。</blockquote></p><p> This is <a href=\"https://laohu8.com/S/AONE\">one</a> of the main reasons why they rather invest in the shares of REITs. It aligns them with professionals who have better resources and expertise than them.</p><p><blockquote>这是<a href=\"https://laohu8.com/S/AONE\">一</a>他们宁愿投资房地产投资信托基金股票的主要原因。它将他们与比他们拥有更好资源和专业知识的专业人士联系起来。</blockquote></p><p> As an example, STORE Capitalis the leader in sale-and-leaseback transactions in middle markets. It's a strategy that they couldn't follow on their own.</p><p><blockquote>例如，STORE Capitalis是中间市场售后回租交易的领导者。这是他们自己无法遵循的策略。</blockquote></p><p> Reason #2: Tenants, Toilets, and Trash</p><p><blockquote>原因2：租户、厕所和垃圾</blockquote></p><p> In the aftermath of the great financial crisis, Buffett famouslysaidthat if he had an easy way of managing rental properties, he would load up on them.</p><p><blockquote>在金融危机之后，巴菲特有一句名言，如果他有一种简单的方法来管理出租房产，他就会大量购买。</blockquote></p><p> Back then, property prices had recently crashed and there was a great opportunity to buy single-family houses.</p><p><blockquote>当时，房地产价格最近暴跌，有一个购买独栋房屋的大好机会。</blockquote></p><p> Even then, he didn't.</p><p><blockquote>即便如此，他也没有。</blockquote></p><p> Why you might ask?</p><p><blockquote>你可能会问为什么？</blockquote></p><p> He explains that the management of rental properties is a nightmare. It's a relatively low margin business that does not scale nicely.</p><p><blockquote>他解释说，出租物业的管理是一场噩梦。这是一项利润率相对较低的业务，规模不太大。</blockquote></p><p></p><p> Imagine you own a rental that you rent for $1,000 per month. After you have removed all expenses, your NOI is (let's say) $700 per month, resulting in an annual cash flow of $8,400. All it takes is <a href=\"https://laohu8.com/S/AONE.U\">one</a> unforeseen disappointment and your entire year's cash flow could be gone: A tenant who refuses to pay and won't move... a leaking roof that causes water damage... pipes that bust due to cold climate...</p><p><blockquote>想象一下，你拥有一套每月1000美元的出租屋。扣除所有费用后，您的NOI为（比方说）每月700美元，每年现金流为8,400美元。只需要<a href=\"https://laohu8.com/S/AONE.U\">一</a>不可预见的失望和你一整年的现金流可能会消失：一个拒绝付款也不愿搬家的房客...导致水毁的漏水屋顶...因寒冷气候而破裂的管道...</blockquote></p><p> Unless you enjoy large-scale, lowering your property management cost, it's difficult to consistently earn good returns, and on top of that, it's a big hassle that most people would rather avoid.</p><p><blockquote>除非你喜欢大规模，降低你的物业管理成本，否则很难持续获得良好的回报，最重要的是，这是一个大多数人宁愿避免的大麻烦。</blockquote></p><p> With REITs, you enjoy the benefits of scale and have professional managers handle everything for you in a cost-effective way.</p><p><blockquote>有了房地产投资信托基金，您可以享受规模效益，并让专业经理以经济高效的方式为您处理一切。</blockquote></p><p> Reason #3: No Corporate Income Tax</p><p><blockquote>原因3：没有企业所得税</blockquote></p><p> <a href=\"https://laohu8.com/S/ISBC\">Investors</a> commonly think that rental properties are more tax-efficient than REIT investments, but that's not always the case.</p><p><blockquote><a href=\"https://laohu8.com/S/ISBC\">投资者</a>人们普遍认为出租房产比房地产投资信托基金投资更节税，但情况并非总是如此。</blockquote></p><p> REITs are very tax efficient when you really think about it:</p><p><blockquote>仔细想想，房地产投资信托基金的税收效率非常高：</blockquote></p><p> <ol>  <li>They pay no corporate income tax.</li>  <li>They distribute 60%-70% of their cash, meaning that 30%-40% isn't taxed.</li>  <li>A portion of the distribution is \"return of capital,\" which isn't taxed.</li>  <li>The portion that's taxed enjoys a 20% deduction.</li>  <li>Generally, REITs are more growth-oriented real estate investments, and therefore, more than half of the total return is tax-deferred appreciation.</li> </ol> Berkshire is structured as a C-corp, and therefore, it must pay corporate tax on all its profits. For this reason, REITs are more tax efficient for Berkshire.</p><p><blockquote><ol><li>他们不缴纳企业所得税。</li><li>他们分配60%-70%的现金，这意味着30%-40%不征税。</li><li>分配的一部分是“资本回报”，不征税。</li><li>征税的部分享受20%的扣除。</li><li>一般来说，房地产投资信托基金是更注重增长的房地产投资，因此，总回报的一半以上是递延税增值。</li></ol>伯克希尔的结构是C-corp，因此，它必须为其所有利润缴纳公司税。因此，房地产投资信托基金对伯克希尔来说更具税收效率。</blockquote></p><p> Private rental properties enjoy higher yields, but slower growth.</p><p><blockquote>私人出租物业收益率较高，但增长较慢。</blockquote></p><p> REITs enjoy faster growth, but lower yields.</p><p><blockquote>房地产投资信托基金增长更快，但收益率较低。</blockquote></p><p> Berkshire would rather compound its capital via tax-deferred appreciation and avoid having to pay corporate taxes on the income generated by the investment.</p><p><blockquote>伯克希尔宁愿通过递延税增值来复利其资本，并避免为投资产生的收入缴纳公司税。</blockquote></p><p> Reason #4: Volatility Brings Opportunities</p><p><blockquote>原因4：波动性带来机遇</blockquote></p><p> Unsophisticated individual investors fear volatility. They're excessively short-term minded, fixate on daily quotes, and are quick to panic.</p><p><blockquote>不成熟的个人投资者害怕波动性。他们过于短视，专注于每日报价，很快就会恐慌。</blockquote></p><p> For these reasons, they often favor rental properties which give them a false sense of stability due to the lack of quotation.</p><p><blockquote>由于这些原因，他们往往喜欢出租物业，这给他们一种虚假的稳定感，由于缺乏报价。</blockquote></p><p> But professional investors like Warren Buffett welcome the volatility and see it as a gift. It gives them the opportunity to make investments at a discounted price, which will ultimately result in higher returns in the long run.</p><p><blockquote>但像沃伦·巴菲特这样的专业投资者欢迎波动性，并将其视为一份礼物。这让他们有机会以折扣价进行投资，从长远来看，这最终会带来更高的回报。</blockquote></p><p> In a previousinterview, Buffett explains that the real estate market moves slowly, and therefore, it's rare for large mispricing to occur. Most property owners are long-term minded and do a reasonably good job at pricing the risk and reward potential of various properties. It makes it harder for investors like him to earn abnormally strong returns.</p><p><blockquote>在之前的一次采访中，巴菲特解释说，房地产市场走势缓慢，因此很少发生大规模的错误定价。大多数业主都有长远的想法，在对各种房产的风险和回报潜力进行定价方面做得相当好。这使得像他这样的投资者更难获得异常强劲的回报。</blockquote></p><p> With REITs, there are more frequent opportunities. As an example, back in 2017, STORE Capital produced new record results, but it dropped from $30 to $20 because the retail market was out-of-favor. What the market failed to realize is that STOR earns revenue from mainly service-oriented retailers that are resilient to Amazon (AMZN) and its leases were 10+ years long.</p><p><blockquote>有了REITs，机会就更频繁了。举个例子，早在2017年，STORE Capital就创造了新的创纪录业绩，但由于零售市场失宠，从30美元跌至20美元。市场没有意识到的是，STOR的收入主要来自服务型零售商，这些零售商对亚马逊(AMZN)具有弹性，而且其租约长达10多年。</blockquote></p><p> That was a great opportunity and Berkshire seized it. Chris Volk, former CEO of STORE Capital explains the background to this investment in the below video. Skip to the 8:55 section:</p><p><blockquote>这是一个很好的机会，伯克希尔抓住了它。STORE Capital前首席执行官Chris Volk在下面的视频中解释了这项投资的背景。跳到8:55部分：</blockquote></p><p> Buffett was behind the idea and they build their position in STOR after it had dropped, taking advantage of the market volatility.</p><p><blockquote>巴菲特是这个想法的幕后黑手，他们在STOR下跌后利用市场波动建立了自己的头寸。</blockquote></p><p> Shortly after, STOR recovered, earning them a return that easily beat what they would have gotten from a regular rental property.</p><p><blockquote>不久之后，STOR康复了，为他们赢得的回报轻松超过了他们从普通租赁房产中获得的回报。</blockquote></p><p> When you are long-term minded like Buffett, volatility is a big plus and it explains why he likes REITs.</p><p><blockquote>当你像巴菲特一样有长远眼光时，波动性是一大优势，这解释了他为什么喜欢房地产投资信托基金。</blockquote></p><p> Reason #5: Disconnect Between <a href=\"https://laohu8.com/S/00626\">Public</a> and Private Market</p><p><blockquote>原因5：之间断开连接<a href=\"https://laohu8.com/S/00626\">公共的</a>和私人市场</blockquote></p><p> Finally, it all comes down to the price you pay.</p><p><blockquote>最后，这一切都取决于你付出的代价。</blockquote></p><p> Today, the housing market is booming with the average home appreciating by16%over the past year.</p><p><blockquote>如今，房地产市场正在蓬勃发展，过去一年平均房价上涨了16%。</blockquote></p><p> On the other hand, REITs (VNQ) are barely recovering from the crash they endured in 2020, and many individual REITs are still priced at a 20, 30, or even 40% discount to pre-crisis levels.</p><p><blockquote>另一方面，房地产投资信托基金（VNQ）几乎没有从2020年经历的崩盘中恢复过来，许多单个房地产投资信托基金的定价仍比危机前水平低20、30甚至40%。</blockquote></p><p> Put simply, REITs offer better value than private real estate, and that explains why he favors REITs.</p><p><blockquote>简而言之，房地产投资信托基金比私人房地产提供更好的价值，这解释了他为什么青睐房地产投资信托基金。</blockquote></p><p> Last year, Berkshire doubled down on STORE Capital, which has since then nicely recovered. They own $850 million worth of equity, representing 9% of the company.</p><p><blockquote>去年，伯克希尔加倍投资STORE Capital，此后该公司已恢复良好。他们拥有价值8.5亿美元的股权，占公司9%的股份。</blockquote></p><p> I bet that Berkshire would have made many more REIT investments over the past if it could. But given its large size and the strict ownership limits on REITs, most of them are too small for Berkshire.</p><p><blockquote>我敢打赌，如果可以的话，伯克希尔过去会进行更多的房地产投资信托基金投资。但鉴于其庞大的规模和房地产投资信托基金严格的所有权限制，大多数房地产投资信托基金对伯克希尔来说都太小了。</blockquote></p><p> That's one of the rare advantages that individual investors have over Buffett. You can freely invest in just any REIT, regardless of its size, and gain exposure to discounted and professionally managed real estate.</p><p><blockquote>这是个人投资者相对于巴菲特少有的优势之一。您可以自由投资任何房地产投资信托基金，无论其规模如何，并获得折扣和专业管理的房地产投资。</blockquote></p><p> Closing Note</p><p><blockquote>结束语</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> like Buffett, I favor REIT investments because they provide better risk-and-hassle adjusted returns in most cases.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>和巴菲特一样，我喜欢房地产投资信托基金投资，因为在大多数情况下，它们可以提供更好的风险和麻烦调整后回报。</blockquote></p><p> During the past 20 years, the average annual returns have been upward of 15%, with some individual REITs doing even better than that:</p><p><blockquote>过去20年，平均年回报率在15%以上，一些个别REITs的表现甚至更好：</blockquote></p><p> Could I do better by buying private properties? I seriously doubt it.</p><p><blockquote>我能通过购买私人房产做得更好吗？我严重怀疑。</blockquote></p><p> And even if I could, would it be worth it to accept much greater risk and hassle to earn a few extra points of return? Probably not.</p><p><blockquote>即使我可以，为了赚取一些额外的回报点而接受更大的风险和麻烦值得吗？应该不会吧。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4437280-why-warren-buffett-buys-reits-instead-of-rental-properties\">seeking alpha</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":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://seekingalpha.com/article/4437280-why-warren-buffett-buys-reits-instead-of-rental-properties","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154888582","content_text":"Summary\n\nWarren Buffett has a history of favoring REITs over rental properties.\nIn past shareholder meetings, he explains that he dislikes private real estate investments for a number of reasons.\nMost importantly, he has no edge in real estate, does not want to deal with the management, and finds it difficult to find opportunities.\nThat's why he favors REITs, which he bought as recently as last year.\nLooking for a portfolio of ideas like this one? Members of High Yield Landlord get exclusive access to our model portfolio.Learn More »\n\nFeverpitched/iStock via Getty Images\nIn previousarticles, I have explained that despite having a background in private equity real estate investing, I chose to invest my capital into REITs because they're safer and more rewarding in most cases.\nREITs are safer because they're well diversified, professionally managed, liquid, and have better access to capital.\nThey're also more rewarding because they enjoy large economies of scale, faster growth, and investors pay much lower transaction costs:\nStudy shows that REITs outperform private real estate by ~4% per year:\n\nSource\nIn short, REITs combine the benefits of real estate (high income, inflation protection, appreciation) with the benefits of stocks (liquidity, low transaction cost, professional management, diversification) into one beautiful vehicle that provides better risk-and-hassle adjusted returns than rental properties.\nBut don't take it just from me.\nWarren Buffett could build a portfolio of rental properties, and yet, he chooses to invest in REITs instead. By reviewing past annual reports of Berkshire Hathaway (BRK.A) (BRK.B), we find that he has previously invested in Tanger Outlets (SKT), General Growth Properties ((now Brookfield (BPY)), Vornado (VNO.PK), Seritage Growth Properties (SRG), and STORE Capital (STOR) among others. As recently as last year, he doubled down on STORE Capital when it dropped following the covid market crash.\nWhy doesn't he buy rentals instead?\nThat's what we will explore in today's article. Warren Buffett has often discussed this topic in past interviews, and in what follows, we will discuss the five reasons why he favors REITs over rental properties:\nReason #1: Stick to Your Circle of Competence\nWarren Buffett popularized the motto: \"Know your circle of competence, and stick within it.\"\nHe explains that the size of that circle is much less important than knowing its boundaries.\nPut differently, you cannot be a jack of all trades and need to specialize in something to truly master it.\nFor Buffett, this was mainly consumer goods and the insurance business. Not surprisingly, he rarely invests in real estate (or even REITs) because that's out of his circle of competence.\nAt a shareholdermeeting, when questioned about investing in real estate, Buffett and Charlie Munger added that it's a sector in which they have no competitive advantage. They explain that REITs and large private equity firms would have better resources, expertise, scale, and relationships than them, putting Berkshire at a disadvantage if they tried to invest in real estate.\nThis is one of the main reasons why they rather invest in the shares of REITs. It aligns them with professionals who have better resources and expertise than them.\nAs an example, STORE Capitalis the leader in sale-and-leaseback transactions in middle markets. It's a strategy that they couldn't follow on their own.\nReason #2: Tenants, Toilets, and Trash\nIn the aftermath of the great financial crisis, Buffett famouslysaidthat if he had an easy way of managing rental properties, he would load up on them.\nBack then, property prices had recently crashed and there was a great opportunity to buy single-family houses.\nEven then, he didn't.\nWhy you might ask?\nHe explains that the management of rental properties is a nightmare. It's a relatively low margin business that does not scale nicely.\nImagine you own a rental that you rent for $1,000 per month. After you have removed all expenses, your NOI is (let's say) $700 per month, resulting in an annual cash flow of $8,400. All it takes is one unforeseen disappointment and your entire year's cash flow could be gone: A tenant who refuses to pay and won't move... a leaking roof that causes water damage... pipes that bust due to cold climate...\nUnless you enjoy large-scale, lowering your property management cost, it's difficult to consistently earn good returns, and on top of that, it's a big hassle that most people would rather avoid.\nWith REITs, you enjoy the benefits of scale and have professional managers handle everything for you in a cost-effective way.\nReason #3: No Corporate Income Tax\nInvestors commonly think that rental properties are more tax-efficient than REIT investments, but that's not always the case.\nREITs are very tax efficient when you really think about it:\n\nThey pay no corporate income tax.\nThey distribute 60%-70% of their cash, meaning that 30%-40% isn't taxed.\nA portion of the distribution is \"return of capital,\" which isn't taxed.\nThe portion that's taxed enjoys a 20% deduction.\nGenerally, REITs are more growth-oriented real estate investments, and therefore, more than half of the total return is tax-deferred appreciation.\n\nBerkshire is structured as a C-corp, and therefore, it must pay corporate tax on all its profits. For this reason, REITs are more tax efficient for Berkshire.\nPrivate rental properties enjoy higher yields, but slower growth.\nREITs enjoy faster growth, but lower yields.\nBerkshire would rather compound its capital via tax-deferred appreciation and avoid having to pay corporate taxes on the income generated by the investment.\nReason #4: Volatility Brings Opportunities\nUnsophisticated individual investors fear volatility. They're excessively short-term minded, fixate on daily quotes, and are quick to panic.\nFor these reasons, they often favor rental properties which give them a false sense of stability due to the lack of quotation.\nBut professional investors like Warren Buffett welcome the volatility and see it as a gift. It gives them the opportunity to make investments at a discounted price, which will ultimately result in higher returns in the long run.\nIn a previousinterview, Buffett explains that the real estate market moves slowly, and therefore, it's rare for large mispricing to occur. Most property owners are long-term minded and do a reasonably good job at pricing the risk and reward potential of various properties. It makes it harder for investors like him to earn abnormally strong returns.\nWith REITs, there are more frequent opportunities. As an example, back in 2017, STORE Capital produced new record results, but it dropped from $30 to $20 because the retail market was out-of-favor. What the market failed to realize is that STOR earns revenue from mainly service-oriented retailers that are resilient to Amazon (AMZN) and its leases were 10+ years long.\nThat was a great opportunity and Berkshire seized it. Chris Volk, former CEO of STORE Capital explains the background to this investment in the below video. Skip to the 8:55 section:\nBuffett was behind the idea and they build their position in STOR after it had dropped, taking advantage of the market volatility.\nShortly after, STOR recovered, earning them a return that easily beat what they would have gotten from a regular rental property.\nWhen you are long-term minded like Buffett, volatility is a big plus and it explains why he likes REITs.\nReason #5: Disconnect Between Public and Private Market\nFinally, it all comes down to the price you pay.\nToday, the housing market is booming with the average home appreciating by16%over the past year.\nOn the other hand, REITs (VNQ) are barely recovering from the crash they endured in 2020, and many individual REITs are still priced at a 20, 30, or even 40% discount to pre-crisis levels.\nPut simply, REITs offer better value than private real estate, and that explains why he favors REITs.\nLast year, Berkshire doubled down on STORE Capital, which has since then nicely recovered. They own $850 million worth of equity, representing 9% of the company.\nI bet that Berkshire would have made many more REIT investments over the past if it could. But given its large size and the strict ownership limits on REITs, most of them are too small for Berkshire.\nThat's one of the rare advantages that individual investors have over Buffett. You can freely invest in just any REIT, regardless of its size, and gain exposure to discounted and professionally managed real estate.\nClosing Note\nJust like Buffett, I favor REIT investments because they provide better risk-and-hassle adjusted returns in most cases.\nDuring the past 20 years, the average annual returns have been upward of 15%, with some individual REITs doing even better than that:\nCould I do better by buying private properties? I seriously doubt it.\nAnd even if I could, would it be worth it to accept much greater risk and hassle to earn a few extra points of return? Probably not.","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154067508,"gmtCreate":1625461631904,"gmtModify":1633940443712,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/154067508","repostId":"1154888582","repostType":4,"repost":{"id":"1154888582","kind":"news","pubTimestamp":1625453334,"share":"https://www.laohu8.com/m/news/1154888582?lang=zh_CN&edition=full","pubTime":"2021-07-05 10:48","market":"hk","language":"en","title":"Why Warren Buffett Buys REITs Instead Of Rental Properties<blockquote>为什么沃伦·巴菲特购买房地产投资信托基金而不是租赁房产</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154888582","media":"seeking alpha","summary":"Summary\n\nWarren Buffett has a history of favoring REITs over rental properties.\nIn past shareholder ","content":"<p>Summary</p><p><blockquote>总结</blockquote></p><p> <ul>  <li>Warren Buffett has a history of favoring REITs over rental properties.</li>  <li>In past shareholder meetings, he explains that he dislikes private real estate investments for a number of reasons.</li>  <li>Most importantly, he has no edge in real estate, does not want to deal with the management, and finds it difficult to find opportunities.</li>  <li>That's why he favors REITs, which he bought as recently as last year.</li>  <li>Looking for a portfolio of ideas like this <a href=\"https://laohu8.com/S/AONE\">one</a>? Members of High Yield Landlord get exclusive access to our model portfolio.Learn More »</li> </ul> Feverpitched/iStock via <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images</p><p><blockquote><ul><li>沃伦·巴菲特历来青睐房地产投资信托基金而不是租赁物业。</li><li>在过去的股东大会上，他解释说，出于多种原因，他不喜欢私人房地产投资。</li><li>最重要的是，他在房地产方面没有优势，不想和管理层打交道，很难找到机会。</li><li>这就是他青睐房地产投资信托基金的原因，他去年才购买了房地产投资信托基金。</li><li>寻找这样的想法组合<a href=\"https://laohu8.com/S/AONE\">一</a>？高收益房东的成员可以独家访问我们的模型投资组合。了解更多»</li></ul>Feverpitched/iStock来自<a href=\"https://laohu8.com/S/GTY\">盖蒂</a>图像</blockquote></p><p> In previousarticles, I have explained that despite having a background in private equity real estate investing, I chose to invest my capital into REITs because they're safer and more rewarding in most cases.</p><p><blockquote>在之前的文章中，我解释过，尽管我有私募股权房地产投资背景，但我选择将资本投资于房地产投资信托基金，因为它们在大多数情况下更安全、回报更高。</blockquote></p><p> REITs are safer because they're well diversified, professionally managed, liquid, and have better access to capital.</p><p><blockquote>房地产投资信托基金更安全，因为它们多元化、专业管理、流动性强，并且可以更好地获得资本。</blockquote></p><p> They're also more rewarding because they enjoy large economies of scale, faster growth, and investors pay much lower transaction costs:</p><p><blockquote>它们的回报也更高，因为它们享有巨大的规模经济、更快的增长，而且投资者支付的交易成本也低得多：</blockquote></p><p> <i>Study shows that REITs outperform private real estate by ~4% per year:</i></p><p><blockquote><i>研究表明，房地产投资信托基金的表现每年优于私人房地产约4%：</i></blockquote></p><p> <img src=\"https://static.tigerbbs.com/08211e86e46b7ccd368944f838ce3c87\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i>Source</i></p><p><blockquote><i>来源</i></blockquote></p><p> In short, REITs combine the benefits of real estate (high income, inflation protection, appreciation) with the benefits of stocks (liquidity, low transaction cost, professional management, diversification) into <a href=\"https://laohu8.com/S/AONE.U\">one</a> beautiful vehicle that provides better risk-and-hassle adjusted returns than rental properties.</p><p><blockquote>简而言之，REITs将房地产的好处（高收益、防通胀、升值）与股票的好处（流动性、低交易成本、专业化管理、多元化）结合成<a href=\"https://laohu8.com/S/AONE.U\">一</a>漂亮的车辆，提供比租赁物业更好的风险和麻烦调整回报。</blockquote></p><p> But don't take it just from me.</p><p><blockquote>但不要只从我这里拿走。</blockquote></p><p> Warren Buffett could build a portfolio of rental properties, and yet, he chooses to invest in REITs instead. By reviewing past annual reports of <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a> (BRK.A) (BRK.B), we find that he has previously invested in Tanger Outlets (SKT), <a href=\"https://laohu8.com/S/GGP\">General Growth Properties</a> ((now Brookfield (BPY)), <a href=\"https://laohu8.com/S/VNO\">Vornado</a> (VNO.PK), <a href=\"https://laohu8.com/S/SRG\">Seritage Growth Properties</a> (SRG), and <a href=\"https://laohu8.com/S/STOR\">STORE Capital</a> (STOR) among others. As recently as last year, he doubled down on <a href=\"https://laohu8.com/S/STOR\">STORE Capital</a> when it dropped following the covid market crash.</p><p><blockquote>沃伦·巴菲特可以建立租赁物业投资组合，但他选择投资房地产投资信托基金。审阅本公司过往年报<a href=\"https://laohu8.com/S/BRK.A\">伯克希尔哈撒韦</a>（BRK.A）（BRK.B），我们发现他之前投资了Tanger Outlets（SKT），<a href=\"https://laohu8.com/S/GGP\">一般生长特性</a>（（现在布鲁克菲尔德（BPY）），<a href=\"https://laohu8.com/S/VNO\">沃尔纳多</a>(VNO.PK),<a href=\"https://laohu8.com/S/SRG\">Seritage生长特性</a>(SRG)，以及<a href=\"https://laohu8.com/S/STOR\">商店资本</a>（STOR）除其他外。就在去年，他加倍下注<a href=\"https://laohu8.com/S/STOR\">商店资本</a>当它在covid市场崩盘后下跌时。</blockquote></p><p> Why doesn't he buy rentals instead?</p><p><blockquote>他为什么不买出租呢？</blockquote></p><p> That's what we will explore in today's article. Warren Buffett has often discussed this topic in past interviews, and in what follows, we will discuss the five reasons why he favors REITs over rental properties:</p><p><blockquote>这就是我们今天文章要探讨的。沃伦·巴菲特在过去的采访中经常讨论这个话题，在接下来的内容中，我们将讨论他更喜欢房地产投资信托基金而不是租赁物业的五个原因：</blockquote></p><p> Reason #1: Stick to Your Circle of Competence</p><p><blockquote>理由1：坚持你的能力圈</blockquote></p><p> Warren Buffett popularized the motto: \"Know your circle of competence, and stick within it.\"</p><p><blockquote>沃伦·巴菲特推广了这句格言：“了解你的能力圈，并坚持在其中。”</blockquote></p><p> He explains that the size of that circle is much less important than knowing its boundaries.</p><p><blockquote>他解释说，这个圆的大小远没有知道它的边界重要。</blockquote></p><p> Put differently, you cannot be a jack of all trades and need to specialize in something to truly master it.</p><p><blockquote>换句话说，你不可能成为万事通，需要专攻某件事才能真正掌握它。</blockquote></p><p> For Buffett, this was mainly consumer goods and the insurance business. Not surprisingly, he rarely invests in real estate (or even REITs) because that's out of his circle of competence.</p><p><blockquote>对巴菲特来说，这主要是消费品和保险业务。毫不奇怪，他很少投资房地产（甚至房地产投资信托基金），因为这超出了他的能力范围。</blockquote></p><p> At a shareholdermeeting, when questioned about investing in real estate, Buffett and Charlie Munger added that it's a sector in which they have no competitive advantage. They explain that REITs and large private equity firms would have better resources, expertise, scale, and relationships than them, putting Berkshire at a disadvantage if they tried to invest in real estate.</p><p><blockquote>在一次股东大会上，当被问及投资房地产时，巴菲特和查理·芒格补充说，这是一个他们没有竞争优势的行业。他们解释说，房地产投资信托基金和大型私募股权公司将比他们拥有更好的资源、专业知识、规模和关系，如果他们试图投资房地产，伯克希尔将处于不利地位。</blockquote></p><p> This is <a href=\"https://laohu8.com/S/AONE\">one</a> of the main reasons why they rather invest in the shares of REITs. It aligns them with professionals who have better resources and expertise than them.</p><p><blockquote>这是<a href=\"https://laohu8.com/S/AONE\">一</a>他们宁愿投资房地产投资信托基金股票的主要原因。它将他们与比他们拥有更好资源和专业知识的专业人士联系起来。</blockquote></p><p> As an example, STORE Capitalis the leader in sale-and-leaseback transactions in middle markets. It's a strategy that they couldn't follow on their own.</p><p><blockquote>例如，STORE Capitalis是中间市场售后回租交易的领导者。这是他们自己无法遵循的策略。</blockquote></p><p> Reason #2: Tenants, Toilets, and Trash</p><p><blockquote>原因2：租户、厕所和垃圾</blockquote></p><p> In the aftermath of the great financial crisis, Buffett famouslysaidthat if he had an easy way of managing rental properties, he would load up on them.</p><p><blockquote>在金融危机之后，巴菲特有一句名言，如果他有一种简单的方法来管理出租房产，他就会大量购买。</blockquote></p><p> Back then, property prices had recently crashed and there was a great opportunity to buy single-family houses.</p><p><blockquote>当时，房地产价格最近暴跌，有一个购买独栋房屋的大好机会。</blockquote></p><p> Even then, he didn't.</p><p><blockquote>即便如此，他也没有。</blockquote></p><p> Why you might ask?</p><p><blockquote>你可能会问为什么？</blockquote></p><p> He explains that the management of rental properties is a nightmare. It's a relatively low margin business that does not scale nicely.</p><p><blockquote>他解释说，出租物业的管理是一场噩梦。这是一项利润率相对较低的业务，规模不太大。</blockquote></p><p></p><p> Imagine you own a rental that you rent for $1,000 per month. After you have removed all expenses, your NOI is (let's say) $700 per month, resulting in an annual cash flow of $8,400. All it takes is <a href=\"https://laohu8.com/S/AONE.U\">one</a> unforeseen disappointment and your entire year's cash flow could be gone: A tenant who refuses to pay and won't move... a leaking roof that causes water damage... pipes that bust due to cold climate...</p><p><blockquote>想象一下，你拥有一套每月1000美元的出租屋。扣除所有费用后，您的NOI为（比方说）每月700美元，每年现金流为8,400美元。只需要<a href=\"https://laohu8.com/S/AONE.U\">一</a>不可预见的失望和你一整年的现金流可能会消失：一个拒绝付款也不愿搬家的房客...导致水毁的漏水屋顶...因寒冷气候而破裂的管道...</blockquote></p><p> Unless you enjoy large-scale, lowering your property management cost, it's difficult to consistently earn good returns, and on top of that, it's a big hassle that most people would rather avoid.</p><p><blockquote>除非你喜欢大规模，降低你的物业管理成本，否则很难持续获得良好的回报，最重要的是，这是一个大多数人宁愿避免的大麻烦。</blockquote></p><p> With REITs, you enjoy the benefits of scale and have professional managers handle everything for you in a cost-effective way.</p><p><blockquote>有了房地产投资信托基金，您可以享受规模效益，并让专业经理以经济高效的方式为您处理一切。</blockquote></p><p> Reason #3: No Corporate Income Tax</p><p><blockquote>原因3：没有企业所得税</blockquote></p><p> <a href=\"https://laohu8.com/S/ISBC\">Investors</a> commonly think that rental properties are more tax-efficient than REIT investments, but that's not always the case.</p><p><blockquote><a href=\"https://laohu8.com/S/ISBC\">投资者</a>人们普遍认为出租房产比房地产投资信托基金投资更节税，但情况并非总是如此。</blockquote></p><p> REITs are very tax efficient when you really think about it:</p><p><blockquote>仔细想想，房地产投资信托基金的税收效率非常高：</blockquote></p><p> <ol>  <li>They pay no corporate income tax.</li>  <li>They distribute 60%-70% of their cash, meaning that 30%-40% isn't taxed.</li>  <li>A portion of the distribution is \"return of capital,\" which isn't taxed.</li>  <li>The portion that's taxed enjoys a 20% deduction.</li>  <li>Generally, REITs are more growth-oriented real estate investments, and therefore, more than half of the total return is tax-deferred appreciation.</li> </ol> Berkshire is structured as a C-corp, and therefore, it must pay corporate tax on all its profits. For this reason, REITs are more tax efficient for Berkshire.</p><p><blockquote><ol><li>他们不缴纳企业所得税。</li><li>他们分配60%-70%的现金，这意味着30%-40%不征税。</li><li>分配的一部分是“资本回报”，不征税。</li><li>征税的部分享受20%的扣除。</li><li>一般来说，房地产投资信托基金是更注重增长的房地产投资，因此，总回报的一半以上是递延税增值。</li></ol>伯克希尔的结构是C-corp，因此，它必须为其所有利润缴纳公司税。因此，房地产投资信托基金对伯克希尔来说更具税收效率。</blockquote></p><p> Private rental properties enjoy higher yields, but slower growth.</p><p><blockquote>私人出租物业收益率较高，但增长较慢。</blockquote></p><p> REITs enjoy faster growth, but lower yields.</p><p><blockquote>房地产投资信托基金增长更快，但收益率较低。</blockquote></p><p> Berkshire would rather compound its capital via tax-deferred appreciation and avoid having to pay corporate taxes on the income generated by the investment.</p><p><blockquote>伯克希尔宁愿通过递延税增值来复利其资本，并避免为投资产生的收入缴纳公司税。</blockquote></p><p> Reason #4: Volatility Brings Opportunities</p><p><blockquote>原因4：波动性带来机遇</blockquote></p><p> Unsophisticated individual investors fear volatility. They're excessively short-term minded, fixate on daily quotes, and are quick to panic.</p><p><blockquote>不成熟的个人投资者害怕波动性。他们过于短视，专注于每日报价，很快就会恐慌。</blockquote></p><p> For these reasons, they often favor rental properties which give them a false sense of stability due to the lack of quotation.</p><p><blockquote>由于这些原因，他们往往喜欢出租物业，这给他们一种虚假的稳定感，由于缺乏报价。</blockquote></p><p> But professional investors like Warren Buffett welcome the volatility and see it as a gift. It gives them the opportunity to make investments at a discounted price, which will ultimately result in higher returns in the long run.</p><p><blockquote>但像沃伦·巴菲特这样的专业投资者欢迎波动性，并将其视为一份礼物。这让他们有机会以折扣价进行投资，从长远来看，这最终会带来更高的回报。</blockquote></p><p> In a previousinterview, Buffett explains that the real estate market moves slowly, and therefore, it's rare for large mispricing to occur. Most property owners are long-term minded and do a reasonably good job at pricing the risk and reward potential of various properties. It makes it harder for investors like him to earn abnormally strong returns.</p><p><blockquote>在之前的一次采访中，巴菲特解释说，房地产市场走势缓慢，因此很少发生大规模的错误定价。大多数业主都有长远的想法，在对各种房产的风险和回报潜力进行定价方面做得相当好。这使得像他这样的投资者更难获得异常强劲的回报。</blockquote></p><p> With REITs, there are more frequent opportunities. As an example, back in 2017, STORE Capital produced new record results, but it dropped from $30 to $20 because the retail market was out-of-favor. What the market failed to realize is that STOR earns revenue from mainly service-oriented retailers that are resilient to Amazon (AMZN) and its leases were 10+ years long.</p><p><blockquote>有了REITs，机会就更频繁了。举个例子，早在2017年，STORE Capital就创造了新的创纪录业绩，但由于零售市场失宠，从30美元跌至20美元。市场没有意识到的是，STOR的收入主要来自服务型零售商，这些零售商对亚马逊(AMZN)具有弹性，而且其租约长达10多年。</blockquote></p><p> That was a great opportunity and Berkshire seized it. Chris Volk, former CEO of STORE Capital explains the background to this investment in the below video. Skip to the 8:55 section:</p><p><blockquote>这是一个很好的机会，伯克希尔抓住了它。STORE Capital前首席执行官Chris Volk在下面的视频中解释了这项投资的背景。跳到8:55部分：</blockquote></p><p> Buffett was behind the idea and they build their position in STOR after it had dropped, taking advantage of the market volatility.</p><p><blockquote>巴菲特是这个想法的幕后黑手，他们在STOR下跌后利用市场波动建立了自己的头寸。</blockquote></p><p> Shortly after, STOR recovered, earning them a return that easily beat what they would have gotten from a regular rental property.</p><p><blockquote>不久之后，STOR康复了，为他们赢得的回报轻松超过了他们从普通租赁房产中获得的回报。</blockquote></p><p> When you are long-term minded like Buffett, volatility is a big plus and it explains why he likes REITs.</p><p><blockquote>当你像巴菲特一样有长远眼光时，波动性是一大优势，这解释了他为什么喜欢房地产投资信托基金。</blockquote></p><p> Reason #5: Disconnect Between <a href=\"https://laohu8.com/S/00626\">Public</a> and Private Market</p><p><blockquote>原因5：之间断开连接<a href=\"https://laohu8.com/S/00626\">公共的</a>和私人市场</blockquote></p><p> Finally, it all comes down to the price you pay.</p><p><blockquote>最后，这一切都取决于你付出的代价。</blockquote></p><p> Today, the housing market is booming with the average home appreciating by16%over the past year.</p><p><blockquote>如今，房地产市场正在蓬勃发展，过去一年平均房价上涨了16%。</blockquote></p><p> On the other hand, REITs (VNQ) are barely recovering from the crash they endured in 2020, and many individual REITs are still priced at a 20, 30, or even 40% discount to pre-crisis levels.</p><p><blockquote>另一方面，房地产投资信托基金（VNQ）几乎没有从2020年经历的崩盘中恢复过来，许多单个房地产投资信托基金的定价仍比危机前水平低20、30甚至40%。</blockquote></p><p> Put simply, REITs offer better value than private real estate, and that explains why he favors REITs.</p><p><blockquote>简而言之，房地产投资信托基金比私人房地产提供更好的价值，这解释了他为什么青睐房地产投资信托基金。</blockquote></p><p> Last year, Berkshire doubled down on STORE Capital, which has since then nicely recovered. They own $850 million worth of equity, representing 9% of the company.</p><p><blockquote>去年，伯克希尔加倍投资STORE Capital，此后该公司已恢复良好。他们拥有价值8.5亿美元的股权，占公司9%的股份。</blockquote></p><p> I bet that Berkshire would have made many more REIT investments over the past if it could. But given its large size and the strict ownership limits on REITs, most of them are too small for Berkshire.</p><p><blockquote>我敢打赌，如果可以的话，伯克希尔过去会进行更多的房地产投资信托基金投资。但鉴于其庞大的规模和房地产投资信托基金严格的所有权限制，大多数房地产投资信托基金对伯克希尔来说都太小了。</blockquote></p><p> That's one of the rare advantages that individual investors have over Buffett. You can freely invest in just any REIT, regardless of its size, and gain exposure to discounted and professionally managed real estate.</p><p><blockquote>这是个人投资者相对于巴菲特少有的优势之一。您可以自由投资任何房地产投资信托基金，无论其规模如何，并获得折扣和专业管理的房地产投资。</blockquote></p><p> Closing Note</p><p><blockquote>结束语</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> like Buffett, I favor REIT investments because they provide better risk-and-hassle adjusted returns in most cases.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>和巴菲特一样，我喜欢房地产投资信托基金投资，因为在大多数情况下，它们可以提供更好的风险和麻烦调整后回报。</blockquote></p><p> During the past 20 years, the average annual returns have been upward of 15%, with some individual REITs doing even better than that:</p><p><blockquote>过去20年，平均年回报率在15%以上，一些个别REITs的表现甚至更好：</blockquote></p><p> Could I do better by buying private properties? I seriously doubt it.</p><p><blockquote>我能通过购买私人房产做得更好吗？我严重怀疑。</blockquote></p><p> And even if I could, would it be worth it to accept much greater risk and hassle to earn a few extra points of return? Probably not.</p><p><blockquote>即使我可以，为了赚取一些额外的回报点而接受更大的风险和麻烦值得吗？应该不会吧。</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>Why Warren Buffett Buys REITs Instead Of Rental Properties<blockquote>为什么沃伦·巴菲特购买房地产投资信托基金而不是租赁房产</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\">\nWhy Warren Buffett Buys REITs Instead Of Rental Properties<blockquote>为什么沃伦·巴菲特购买房地产投资信托基金而不是租赁房产</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seeking alpha</strong><span class=\"h-time small\">2021-07-05 10:48</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Summary</p><p><blockquote>总结</blockquote></p><p> <ul>  <li>Warren Buffett has a history of favoring REITs over rental properties.</li>  <li>In past shareholder meetings, he explains that he dislikes private real estate investments for a number of reasons.</li>  <li>Most importantly, he has no edge in real estate, does not want to deal with the management, and finds it difficult to find opportunities.</li>  <li>That's why he favors REITs, which he bought as recently as last year.</li>  <li>Looking for a portfolio of ideas like this <a href=\"https://laohu8.com/S/AONE\">one</a>? Members of High Yield Landlord get exclusive access to our model portfolio.Learn More »</li> </ul> Feverpitched/iStock via <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images</p><p><blockquote><ul><li>沃伦·巴菲特历来青睐房地产投资信托基金而不是租赁物业。</li><li>在过去的股东大会上，他解释说，出于多种原因，他不喜欢私人房地产投资。</li><li>最重要的是，他在房地产方面没有优势，不想和管理层打交道，很难找到机会。</li><li>这就是他青睐房地产投资信托基金的原因，他去年才购买了房地产投资信托基金。</li><li>寻找这样的想法组合<a href=\"https://laohu8.com/S/AONE\">一</a>？高收益房东的成员可以独家访问我们的模型投资组合。了解更多»</li></ul>Feverpitched/iStock来自<a href=\"https://laohu8.com/S/GTY\">盖蒂</a>图像</blockquote></p><p> In previousarticles, I have explained that despite having a background in private equity real estate investing, I chose to invest my capital into REITs because they're safer and more rewarding in most cases.</p><p><blockquote>在之前的文章中，我解释过，尽管我有私募股权房地产投资背景，但我选择将资本投资于房地产投资信托基金，因为它们在大多数情况下更安全、回报更高。</blockquote></p><p> REITs are safer because they're well diversified, professionally managed, liquid, and have better access to capital.</p><p><blockquote>房地产投资信托基金更安全，因为它们多元化、专业管理、流动性强，并且可以更好地获得资本。</blockquote></p><p> They're also more rewarding because they enjoy large economies of scale, faster growth, and investors pay much lower transaction costs:</p><p><blockquote>它们的回报也更高，因为它们享有巨大的规模经济、更快的增长，而且投资者支付的交易成本也低得多：</blockquote></p><p> <i>Study shows that REITs outperform private real estate by ~4% per year:</i></p><p><blockquote><i>研究表明，房地产投资信托基金的表现每年优于私人房地产约4%：</i></blockquote></p><p> <img src=\"https://static.tigerbbs.com/08211e86e46b7ccd368944f838ce3c87\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <i>Source</i></p><p><blockquote><i>来源</i></blockquote></p><p> In short, REITs combine the benefits of real estate (high income, inflation protection, appreciation) with the benefits of stocks (liquidity, low transaction cost, professional management, diversification) into <a href=\"https://laohu8.com/S/AONE.U\">one</a> beautiful vehicle that provides better risk-and-hassle adjusted returns than rental properties.</p><p><blockquote>简而言之，REITs将房地产的好处（高收益、防通胀、升值）与股票的好处（流动性、低交易成本、专业化管理、多元化）结合成<a href=\"https://laohu8.com/S/AONE.U\">一</a>漂亮的车辆，提供比租赁物业更好的风险和麻烦调整回报。</blockquote></p><p> But don't take it just from me.</p><p><blockquote>但不要只从我这里拿走。</blockquote></p><p> Warren Buffett could build a portfolio of rental properties, and yet, he chooses to invest in REITs instead. By reviewing past annual reports of <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a> (BRK.A) (BRK.B), we find that he has previously invested in Tanger Outlets (SKT), <a href=\"https://laohu8.com/S/GGP\">General Growth Properties</a> ((now Brookfield (BPY)), <a href=\"https://laohu8.com/S/VNO\">Vornado</a> (VNO.PK), <a href=\"https://laohu8.com/S/SRG\">Seritage Growth Properties</a> (SRG), and <a href=\"https://laohu8.com/S/STOR\">STORE Capital</a> (STOR) among others. As recently as last year, he doubled down on <a href=\"https://laohu8.com/S/STOR\">STORE Capital</a> when it dropped following the covid market crash.</p><p><blockquote>沃伦·巴菲特可以建立租赁物业投资组合，但他选择投资房地产投资信托基金。审阅本公司过往年报<a href=\"https://laohu8.com/S/BRK.A\">伯克希尔哈撒韦</a>（BRK.A）（BRK.B），我们发现他之前投资了Tanger Outlets（SKT），<a href=\"https://laohu8.com/S/GGP\">一般生长特性</a>（（现在布鲁克菲尔德（BPY）），<a href=\"https://laohu8.com/S/VNO\">沃尔纳多</a>(VNO.PK),<a href=\"https://laohu8.com/S/SRG\">Seritage生长特性</a>(SRG)，以及<a href=\"https://laohu8.com/S/STOR\">商店资本</a>（STOR）除其他外。就在去年，他加倍下注<a href=\"https://laohu8.com/S/STOR\">商店资本</a>当它在covid市场崩盘后下跌时。</blockquote></p><p> Why doesn't he buy rentals instead?</p><p><blockquote>他为什么不买出租呢？</blockquote></p><p> That's what we will explore in today's article. Warren Buffett has often discussed this topic in past interviews, and in what follows, we will discuss the five reasons why he favors REITs over rental properties:</p><p><blockquote>这就是我们今天文章要探讨的。沃伦·巴菲特在过去的采访中经常讨论这个话题，在接下来的内容中，我们将讨论他更喜欢房地产投资信托基金而不是租赁物业的五个原因：</blockquote></p><p> Reason #1: Stick to Your Circle of Competence</p><p><blockquote>理由1：坚持你的能力圈</blockquote></p><p> Warren Buffett popularized the motto: \"Know your circle of competence, and stick within it.\"</p><p><blockquote>沃伦·巴菲特推广了这句格言：“了解你的能力圈，并坚持在其中。”</blockquote></p><p> He explains that the size of that circle is much less important than knowing its boundaries.</p><p><blockquote>他解释说，这个圆的大小远没有知道它的边界重要。</blockquote></p><p> Put differently, you cannot be a jack of all trades and need to specialize in something to truly master it.</p><p><blockquote>换句话说，你不可能成为万事通，需要专攻某件事才能真正掌握它。</blockquote></p><p> For Buffett, this was mainly consumer goods and the insurance business. Not surprisingly, he rarely invests in real estate (or even REITs) because that's out of his circle of competence.</p><p><blockquote>对巴菲特来说，这主要是消费品和保险业务。毫不奇怪，他很少投资房地产（甚至房地产投资信托基金），因为这超出了他的能力范围。</blockquote></p><p> At a shareholdermeeting, when questioned about investing in real estate, Buffett and Charlie Munger added that it's a sector in which they have no competitive advantage. They explain that REITs and large private equity firms would have better resources, expertise, scale, and relationships than them, putting Berkshire at a disadvantage if they tried to invest in real estate.</p><p><blockquote>在一次股东大会上，当被问及投资房地产时，巴菲特和查理·芒格补充说，这是一个他们没有竞争优势的行业。他们解释说，房地产投资信托基金和大型私募股权公司将比他们拥有更好的资源、专业知识、规模和关系，如果他们试图投资房地产，伯克希尔将处于不利地位。</blockquote></p><p> This is <a href=\"https://laohu8.com/S/AONE\">one</a> of the main reasons why they rather invest in the shares of REITs. It aligns them with professionals who have better resources and expertise than them.</p><p><blockquote>这是<a href=\"https://laohu8.com/S/AONE\">一</a>他们宁愿投资房地产投资信托基金股票的主要原因。它将他们与比他们拥有更好资源和专业知识的专业人士联系起来。</blockquote></p><p> As an example, STORE Capitalis the leader in sale-and-leaseback transactions in middle markets. It's a strategy that they couldn't follow on their own.</p><p><blockquote>例如，STORE Capitalis是中间市场售后回租交易的领导者。这是他们自己无法遵循的策略。</blockquote></p><p> Reason #2: Tenants, Toilets, and Trash</p><p><blockquote>原因2：租户、厕所和垃圾</blockquote></p><p> In the aftermath of the great financial crisis, Buffett famouslysaidthat if he had an easy way of managing rental properties, he would load up on them.</p><p><blockquote>在金融危机之后，巴菲特有一句名言，如果他有一种简单的方法来管理出租房产，他就会大量购买。</blockquote></p><p> Back then, property prices had recently crashed and there was a great opportunity to buy single-family houses.</p><p><blockquote>当时，房地产价格最近暴跌，有一个购买独栋房屋的大好机会。</blockquote></p><p> Even then, he didn't.</p><p><blockquote>即便如此，他也没有。</blockquote></p><p> Why you might ask?</p><p><blockquote>你可能会问为什么？</blockquote></p><p> He explains that the management of rental properties is a nightmare. It's a relatively low margin business that does not scale nicely.</p><p><blockquote>他解释说，出租物业的管理是一场噩梦。这是一项利润率相对较低的业务，规模不太大。</blockquote></p><p></p><p> Imagine you own a rental that you rent for $1,000 per month. After you have removed all expenses, your NOI is (let's say) $700 per month, resulting in an annual cash flow of $8,400. All it takes is <a href=\"https://laohu8.com/S/AONE.U\">one</a> unforeseen disappointment and your entire year's cash flow could be gone: A tenant who refuses to pay and won't move... a leaking roof that causes water damage... pipes that bust due to cold climate...</p><p><blockquote>想象一下，你拥有一套每月1000美元的出租屋。扣除所有费用后，您的NOI为（比方说）每月700美元，每年现金流为8,400美元。只需要<a href=\"https://laohu8.com/S/AONE.U\">一</a>不可预见的失望和你一整年的现金流可能会消失：一个拒绝付款也不愿搬家的房客...导致水毁的漏水屋顶...因寒冷气候而破裂的管道...</blockquote></p><p> Unless you enjoy large-scale, lowering your property management cost, it's difficult to consistently earn good returns, and on top of that, it's a big hassle that most people would rather avoid.</p><p><blockquote>除非你喜欢大规模，降低你的物业管理成本，否则很难持续获得良好的回报，最重要的是，这是一个大多数人宁愿避免的大麻烦。</blockquote></p><p> With REITs, you enjoy the benefits of scale and have professional managers handle everything for you in a cost-effective way.</p><p><blockquote>有了房地产投资信托基金，您可以享受规模效益，并让专业经理以经济高效的方式为您处理一切。</blockquote></p><p> Reason #3: No Corporate Income Tax</p><p><blockquote>原因3：没有企业所得税</blockquote></p><p> <a href=\"https://laohu8.com/S/ISBC\">Investors</a> commonly think that rental properties are more tax-efficient than REIT investments, but that's not always the case.</p><p><blockquote><a href=\"https://laohu8.com/S/ISBC\">投资者</a>人们普遍认为出租房产比房地产投资信托基金投资更节税，但情况并非总是如此。</blockquote></p><p> REITs are very tax efficient when you really think about it:</p><p><blockquote>仔细想想，房地产投资信托基金的税收效率非常高：</blockquote></p><p> <ol>  <li>They pay no corporate income tax.</li>  <li>They distribute 60%-70% of their cash, meaning that 30%-40% isn't taxed.</li>  <li>A portion of the distribution is \"return of capital,\" which isn't taxed.</li>  <li>The portion that's taxed enjoys a 20% deduction.</li>  <li>Generally, REITs are more growth-oriented real estate investments, and therefore, more than half of the total return is tax-deferred appreciation.</li> </ol> Berkshire is structured as a C-corp, and therefore, it must pay corporate tax on all its profits. For this reason, REITs are more tax efficient for Berkshire.</p><p><blockquote><ol><li>他们不缴纳企业所得税。</li><li>他们分配60%-70%的现金，这意味着30%-40%不征税。</li><li>分配的一部分是“资本回报”，不征税。</li><li>征税的部分享受20%的扣除。</li><li>一般来说，房地产投资信托基金是更注重增长的房地产投资，因此，总回报的一半以上是递延税增值。</li></ol>伯克希尔的结构是C-corp，因此，它必须为其所有利润缴纳公司税。因此，房地产投资信托基金对伯克希尔来说更具税收效率。</blockquote></p><p> Private rental properties enjoy higher yields, but slower growth.</p><p><blockquote>私人出租物业收益率较高，但增长较慢。</blockquote></p><p> REITs enjoy faster growth, but lower yields.</p><p><blockquote>房地产投资信托基金增长更快，但收益率较低。</blockquote></p><p> Berkshire would rather compound its capital via tax-deferred appreciation and avoid having to pay corporate taxes on the income generated by the investment.</p><p><blockquote>伯克希尔宁愿通过递延税增值来复利其资本，并避免为投资产生的收入缴纳公司税。</blockquote></p><p> Reason #4: Volatility Brings Opportunities</p><p><blockquote>原因4：波动性带来机遇</blockquote></p><p> Unsophisticated individual investors fear volatility. They're excessively short-term minded, fixate on daily quotes, and are quick to panic.</p><p><blockquote>不成熟的个人投资者害怕波动性。他们过于短视，专注于每日报价，很快就会恐慌。</blockquote></p><p> For these reasons, they often favor rental properties which give them a false sense of stability due to the lack of quotation.</p><p><blockquote>由于这些原因，他们往往喜欢出租物业，这给他们一种虚假的稳定感，由于缺乏报价。</blockquote></p><p> But professional investors like Warren Buffett welcome the volatility and see it as a gift. It gives them the opportunity to make investments at a discounted price, which will ultimately result in higher returns in the long run.</p><p><blockquote>但像沃伦·巴菲特这样的专业投资者欢迎波动性，并将其视为一份礼物。这让他们有机会以折扣价进行投资，从长远来看，这最终会带来更高的回报。</blockquote></p><p> In a previousinterview, Buffett explains that the real estate market moves slowly, and therefore, it's rare for large mispricing to occur. Most property owners are long-term minded and do a reasonably good job at pricing the risk and reward potential of various properties. It makes it harder for investors like him to earn abnormally strong returns.</p><p><blockquote>在之前的一次采访中，巴菲特解释说，房地产市场走势缓慢，因此很少发生大规模的错误定价。大多数业主都有长远的想法，在对各种房产的风险和回报潜力进行定价方面做得相当好。这使得像他这样的投资者更难获得异常强劲的回报。</blockquote></p><p> With REITs, there are more frequent opportunities. As an example, back in 2017, STORE Capital produced new record results, but it dropped from $30 to $20 because the retail market was out-of-favor. What the market failed to realize is that STOR earns revenue from mainly service-oriented retailers that are resilient to Amazon (AMZN) and its leases were 10+ years long.</p><p><blockquote>有了REITs，机会就更频繁了。举个例子，早在2017年，STORE Capital就创造了新的创纪录业绩，但由于零售市场失宠，从30美元跌至20美元。市场没有意识到的是，STOR的收入主要来自服务型零售商，这些零售商对亚马逊(AMZN)具有弹性，而且其租约长达10多年。</blockquote></p><p> That was a great opportunity and Berkshire seized it. Chris Volk, former CEO of STORE Capital explains the background to this investment in the below video. Skip to the 8:55 section:</p><p><blockquote>这是一个很好的机会，伯克希尔抓住了它。STORE Capital前首席执行官Chris Volk在下面的视频中解释了这项投资的背景。跳到8:55部分：</blockquote></p><p> Buffett was behind the idea and they build their position in STOR after it had dropped, taking advantage of the market volatility.</p><p><blockquote>巴菲特是这个想法的幕后黑手，他们在STOR下跌后利用市场波动建立了自己的头寸。</blockquote></p><p> Shortly after, STOR recovered, earning them a return that easily beat what they would have gotten from a regular rental property.</p><p><blockquote>不久之后，STOR康复了，为他们赢得的回报轻松超过了他们从普通租赁房产中获得的回报。</blockquote></p><p> When you are long-term minded like Buffett, volatility is a big plus and it explains why he likes REITs.</p><p><blockquote>当你像巴菲特一样有长远眼光时，波动性是一大优势，这解释了他为什么喜欢房地产投资信托基金。</blockquote></p><p> Reason #5: Disconnect Between <a href=\"https://laohu8.com/S/00626\">Public</a> and Private Market</p><p><blockquote>原因5：之间断开连接<a href=\"https://laohu8.com/S/00626\">公共的</a>和私人市场</blockquote></p><p> Finally, it all comes down to the price you pay.</p><p><blockquote>最后，这一切都取决于你付出的代价。</blockquote></p><p> Today, the housing market is booming with the average home appreciating by16%over the past year.</p><p><blockquote>如今，房地产市场正在蓬勃发展，过去一年平均房价上涨了16%。</blockquote></p><p> On the other hand, REITs (VNQ) are barely recovering from the crash they endured in 2020, and many individual REITs are still priced at a 20, 30, or even 40% discount to pre-crisis levels.</p><p><blockquote>另一方面，房地产投资信托基金（VNQ）几乎没有从2020年经历的崩盘中恢复过来，许多单个房地产投资信托基金的定价仍比危机前水平低20、30甚至40%。</blockquote></p><p> Put simply, REITs offer better value than private real estate, and that explains why he favors REITs.</p><p><blockquote>简而言之，房地产投资信托基金比私人房地产提供更好的价值，这解释了他为什么青睐房地产投资信托基金。</blockquote></p><p> Last year, Berkshire doubled down on STORE Capital, which has since then nicely recovered. They own $850 million worth of equity, representing 9% of the company.</p><p><blockquote>去年，伯克希尔加倍投资STORE Capital，此后该公司已恢复良好。他们拥有价值8.5亿美元的股权，占公司9%的股份。</blockquote></p><p> I bet that Berkshire would have made many more REIT investments over the past if it could. But given its large size and the strict ownership limits on REITs, most of them are too small for Berkshire.</p><p><blockquote>我敢打赌，如果可以的话，伯克希尔过去会进行更多的房地产投资信托基金投资。但鉴于其庞大的规模和房地产投资信托基金严格的所有权限制，大多数房地产投资信托基金对伯克希尔来说都太小了。</blockquote></p><p> That's one of the rare advantages that individual investors have over Buffett. You can freely invest in just any REIT, regardless of its size, and gain exposure to discounted and professionally managed real estate.</p><p><blockquote>这是个人投资者相对于巴菲特少有的优势之一。您可以自由投资任何房地产投资信托基金，无论其规模如何，并获得折扣和专业管理的房地产投资。</blockquote></p><p> Closing Note</p><p><blockquote>结束语</blockquote></p><p></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> like Buffett, I favor REIT investments because they provide better risk-and-hassle adjusted returns in most cases.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>和巴菲特一样，我喜欢房地产投资信托基金投资，因为在大多数情况下，它们可以提供更好的风险和麻烦调整后回报。</blockquote></p><p> During the past 20 years, the average annual returns have been upward of 15%, with some individual REITs doing even better than that:</p><p><blockquote>过去20年，平均年回报率在15%以上，一些个别REITs的表现甚至更好：</blockquote></p><p> Could I do better by buying private properties? I seriously doubt it.</p><p><blockquote>我能通过购买私人房产做得更好吗？我严重怀疑。</blockquote></p><p> And even if I could, would it be worth it to accept much greater risk and hassle to earn a few extra points of return? Probably not.</p><p><blockquote>即使我可以，为了赚取一些额外的回报点而接受更大的风险和麻烦值得吗？应该不会吧。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4437280-why-warren-buffett-buys-reits-instead-of-rental-properties\">seeking alpha</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":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://seekingalpha.com/article/4437280-why-warren-buffett-buys-reits-instead-of-rental-properties","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154888582","content_text":"Summary\n\nWarren Buffett has a history of favoring REITs over rental properties.\nIn past shareholder meetings, he explains that he dislikes private real estate investments for a number of reasons.\nMost importantly, he has no edge in real estate, does not want to deal with the management, and finds it difficult to find opportunities.\nThat's why he favors REITs, which he bought as recently as last year.\nLooking for a portfolio of ideas like this one? Members of High Yield Landlord get exclusive access to our model portfolio.Learn More »\n\nFeverpitched/iStock via Getty Images\nIn previousarticles, I have explained that despite having a background in private equity real estate investing, I chose to invest my capital into REITs because they're safer and more rewarding in most cases.\nREITs are safer because they're well diversified, professionally managed, liquid, and have better access to capital.\nThey're also more rewarding because they enjoy large economies of scale, faster growth, and investors pay much lower transaction costs:\nStudy shows that REITs outperform private real estate by ~4% per year:\n\nSource\nIn short, REITs combine the benefits of real estate (high income, inflation protection, appreciation) with the benefits of stocks (liquidity, low transaction cost, professional management, diversification) into one beautiful vehicle that provides better risk-and-hassle adjusted returns than rental properties.\nBut don't take it just from me.\nWarren Buffett could build a portfolio of rental properties, and yet, he chooses to invest in REITs instead. By reviewing past annual reports of Berkshire Hathaway (BRK.A) (BRK.B), we find that he has previously invested in Tanger Outlets (SKT), General Growth Properties ((now Brookfield (BPY)), Vornado (VNO.PK), Seritage Growth Properties (SRG), and STORE Capital (STOR) among others. As recently as last year, he doubled down on STORE Capital when it dropped following the covid market crash.\nWhy doesn't he buy rentals instead?\nThat's what we will explore in today's article. Warren Buffett has often discussed this topic in past interviews, and in what follows, we will discuss the five reasons why he favors REITs over rental properties:\nReason #1: Stick to Your Circle of Competence\nWarren Buffett popularized the motto: \"Know your circle of competence, and stick within it.\"\nHe explains that the size of that circle is much less important than knowing its boundaries.\nPut differently, you cannot be a jack of all trades and need to specialize in something to truly master it.\nFor Buffett, this was mainly consumer goods and the insurance business. Not surprisingly, he rarely invests in real estate (or even REITs) because that's out of his circle of competence.\nAt a shareholdermeeting, when questioned about investing in real estate, Buffett and Charlie Munger added that it's a sector in which they have no competitive advantage. They explain that REITs and large private equity firms would have better resources, expertise, scale, and relationships than them, putting Berkshire at a disadvantage if they tried to invest in real estate.\nThis is one of the main reasons why they rather invest in the shares of REITs. It aligns them with professionals who have better resources and expertise than them.\nAs an example, STORE Capitalis the leader in sale-and-leaseback transactions in middle markets. It's a strategy that they couldn't follow on their own.\nReason #2: Tenants, Toilets, and Trash\nIn the aftermath of the great financial crisis, Buffett famouslysaidthat if he had an easy way of managing rental properties, he would load up on them.\nBack then, property prices had recently crashed and there was a great opportunity to buy single-family houses.\nEven then, he didn't.\nWhy you might ask?\nHe explains that the management of rental properties is a nightmare. It's a relatively low margin business that does not scale nicely.\nImagine you own a rental that you rent for $1,000 per month. After you have removed all expenses, your NOI is (let's say) $700 per month, resulting in an annual cash flow of $8,400. All it takes is one unforeseen disappointment and your entire year's cash flow could be gone: A tenant who refuses to pay and won't move... a leaking roof that causes water damage... pipes that bust due to cold climate...\nUnless you enjoy large-scale, lowering your property management cost, it's difficult to consistently earn good returns, and on top of that, it's a big hassle that most people would rather avoid.\nWith REITs, you enjoy the benefits of scale and have professional managers handle everything for you in a cost-effective way.\nReason #3: No Corporate Income Tax\nInvestors commonly think that rental properties are more tax-efficient than REIT investments, but that's not always the case.\nREITs are very tax efficient when you really think about it:\n\nThey pay no corporate income tax.\nThey distribute 60%-70% of their cash, meaning that 30%-40% isn't taxed.\nA portion of the distribution is \"return of capital,\" which isn't taxed.\nThe portion that's taxed enjoys a 20% deduction.\nGenerally, REITs are more growth-oriented real estate investments, and therefore, more than half of the total return is tax-deferred appreciation.\n\nBerkshire is structured as a C-corp, and therefore, it must pay corporate tax on all its profits. For this reason, REITs are more tax efficient for Berkshire.\nPrivate rental properties enjoy higher yields, but slower growth.\nREITs enjoy faster growth, but lower yields.\nBerkshire would rather compound its capital via tax-deferred appreciation and avoid having to pay corporate taxes on the income generated by the investment.\nReason #4: Volatility Brings Opportunities\nUnsophisticated individual investors fear volatility. They're excessively short-term minded, fixate on daily quotes, and are quick to panic.\nFor these reasons, they often favor rental properties which give them a false sense of stability due to the lack of quotation.\nBut professional investors like Warren Buffett welcome the volatility and see it as a gift. It gives them the opportunity to make investments at a discounted price, which will ultimately result in higher returns in the long run.\nIn a previousinterview, Buffett explains that the real estate market moves slowly, and therefore, it's rare for large mispricing to occur. Most property owners are long-term minded and do a reasonably good job at pricing the risk and reward potential of various properties. It makes it harder for investors like him to earn abnormally strong returns.\nWith REITs, there are more frequent opportunities. As an example, back in 2017, STORE Capital produced new record results, but it dropped from $30 to $20 because the retail market was out-of-favor. What the market failed to realize is that STOR earns revenue from mainly service-oriented retailers that are resilient to Amazon (AMZN) and its leases were 10+ years long.\nThat was a great opportunity and Berkshire seized it. Chris Volk, former CEO of STORE Capital explains the background to this investment in the below video. Skip to the 8:55 section:\nBuffett was behind the idea and they build their position in STOR after it had dropped, taking advantage of the market volatility.\nShortly after, STOR recovered, earning them a return that easily beat what they would have gotten from a regular rental property.\nWhen you are long-term minded like Buffett, volatility is a big plus and it explains why he likes REITs.\nReason #5: Disconnect Between Public and Private Market\nFinally, it all comes down to the price you pay.\nToday, the housing market is booming with the average home appreciating by16%over the past year.\nOn the other hand, REITs (VNQ) are barely recovering from the crash they endured in 2020, and many individual REITs are still priced at a 20, 30, or even 40% discount to pre-crisis levels.\nPut simply, REITs offer better value than private real estate, and that explains why he favors REITs.\nLast year, Berkshire doubled down on STORE Capital, which has since then nicely recovered. They own $850 million worth of equity, representing 9% of the company.\nI bet that Berkshire would have made many more REIT investments over the past if it could. But given its large size and the strict ownership limits on REITs, most of them are too small for Berkshire.\nThat's one of the rare advantages that individual investors have over Buffett. You can freely invest in just any REIT, regardless of its size, and gain exposure to discounted and professionally managed real estate.\nClosing Note\nJust like Buffett, I favor REIT investments because they provide better risk-and-hassle adjusted returns in most cases.\nDuring the past 20 years, the average annual returns have been upward of 15%, with some individual REITs doing even better than that:\nCould I do better by buying private properties? I seriously doubt it.\nAnd even if I could, would it be worth it to accept much greater risk and hassle to earn a few extra points of return? Probably not.","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170290458,"gmtCreate":1626433035974,"gmtModify":1631891449718,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/170290458","repostId":"1112405949","repostType":4,"repost":{"id":"1112405949","kind":"news","pubTimestamp":1626427506,"share":"https://www.laohu8.com/m/news/1112405949?lang=zh_CN&edition=full","pubTime":"2021-07-16 17:25","market":"us","language":"en","title":"Kate Moss' private members club Soho House crashes on New York debut<blockquote>凯特·莫斯(Kate Moss)的私人会员俱乐部Soho House在纽约首次亮相时发生车祸</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112405949","media":"finance.yahoo","summary":"Shares in the owner of Kate Moss’ private members club Soho House fell out of fashion with investors","content":"<p>Shares in the owner of Kate Moss’ private members club Soho House fell out of fashion with investors last night, as it ended its stock market debut 9.6% lower.</p><p><blockquote>昨晚，凯特·莫斯(Kate Moss)私人会员俱乐部Soho House的所有者的股票在投资者中不再流行，该公司在股市首次亮相时下跌了9.6%。</blockquote></p><p> Membership Collective Group (MCG), which has expanded its exclusive clubs into a dozen countries across the globe, saw its stock drop to less $12.66 after its first day of trading in New York, valuing the firm at $2.5bn (£1.8bn).</p><p><blockquote>Membership Collective Group(MCG)已将其专属俱乐部扩展到全球十几个国家，其股价在纽约首日交易后跌至不到12.66美元，该公司估值为25亿美元（18亿英镑）。</blockquote></p><p> It had raised $420m in its initial public offering (IPO) led by JPMorgan, Morgan Stanley and Bank of America Corp, and sold 30 million shares at $14 each, at the lower end of expectations. It had previously said it would list at between $14 and $16 a share.</p><p><blockquote>该公司在摩根大通、摩根士丹利和美国银行牵头的首次公开募股(IPO)中筹集了4.2亿美元，并以每股14美元的价格出售了3000万股股票，低于预期的下限。该公司此前曾表示，上市价格将在每股14至16美元之间。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f8f426dda5ec6336ac3ed745b32148c\" tg-width=\"705\" tg-height=\"471\" referrerpolicy=\"no-referrer\"><span>MCG fell 9.6% on Thursday in its first day of trading in New York. Chart: Yahoo Finance</span></p><p><blockquote><p class=\"t-img-caption\"><span>MCG周四在纽约交易首日下跌9.6%。图表：雅虎财经</span></p></blockquote></p><p> The company was founded by its chief executive, Nick Jones, in 1995 in London’s Soho district as a venue for executives in the creative industries, It has clubs in cities including New York, Hong Kong, Amsterdam and Barcelona, and is planning to open additional clubs in Paris, Rome and Tel Aviv in the near future.</p><p><blockquote>该公司由首席执行官尼克·琼斯(Nick Jones)于1995年在伦敦索霍区创立，作为创意产业高管的场所，在纽约、香港、阿姆斯特丹和巴塞罗那等城市设有俱乐部，并计划在不久的将来在巴黎、罗马和特拉维夫开设更多俱乐部。</blockquote></p><p> However, despite its almost 120,000 members who pay up to $3,400 a year, and attracting celebrities such as supermodel Kate Moss to the clubs, it is yet to turn a profit after almost three decades.</p><p><blockquote>然而，尽管其拥有近12万名会员，每年支付高达3,400美元的费用，并吸引了超模凯特·莫斯(Kate Moss)等名人加入俱乐部，但近30年后仍未实现盈利。</blockquote></p><p> In the first quarter of the year it posted a loss of $93m on revenues of $72m as the impact of the coronavirus pandemic continued to wreak havoc on the business. This compared to losses of $45 million for the equivalent period a year ago.</p><p><blockquote>今年第一季度，由于冠状病毒大流行的影响继续对业务造成严重破坏，该公司营收为7200万美元，亏损9300万美元。相比之下，去年同期亏损4500万美元。</blockquote></p><p> Last year, losses came in at $384m in the 12 months to 3 January, according to its filings with the US Securities and Exchange Commission, with more than 1,000 of its employees being made redundant.</p><p><blockquote>根据该公司向美国证券交易委员会提交的文件，去年截至1月3日的12个月内亏损达3.84亿美元，裁员1000多名员工。</blockquote></p><p> MCG, which also owns The Ned hotel in London and the Scorpios beach club in Mykonos, revealed that less than a tenth of its members cancelled their subscriptions during the health crisis. Some 92% of them remained on the roster during 2020 despite clubs being forced to close.</p><p><blockquote>MCG还拥有伦敦的Ned酒店和米科诺斯岛的Scorpios海滩俱乐部，该公司透露，在健康危机期间，只有不到十分之一的会员取消了订阅。尽管俱乐部被迫关闭，但其中约92%的人在2020年仍留在名册上。</blockquote></p><p> “We think we’re coming out of COVID in a very good position,” Jones told Bloomberg in a TV interview. “We think there’s a lot of exciting growth opportunities.”</p><p><blockquote>琼斯在接受彭博社电视采访时表示：“我们认为我们在摆脱新冠疫情时处于非常有利的地位。”“我们认为有很多令人兴奋的增长机会。”</blockquote></p><p> He added that the company’s IPO saw a huge demand for members looking to take part in the float, with around 20% subscribing for the maximum amount of 100 shares.</p><p><blockquote>他补充说，该公司的IPO对希望参与上市的会员需求巨大，约20%的会员认购了最多100股。</blockquote></p><p> “They've stayed so loyal during the pandemic, and they're really cheering from the sidelines at this stage of our lives,” he said.</p><p><blockquote>他说：“他们在大流行期间一直如此忠诚，在我们人生的这个阶段，他们真的在场边欢呼。”</blockquote></p><p> Jones is hoping to open another 16 Soho House “houses” by the end of 2023, taking the total to 46.</p><p><blockquote>琼斯希望到2023年底再开设16家Soho House“House”，使总数达到46家。</blockquote></p><p> The company also plans to launch a digital-only membership later this year, which will allow members to search for and be recommended to other members, as well as being able to communicate through direct messaging, audio and video.</p><p><blockquote>公司还计划今年晚些时候推出仅数字会员资格，会员可以搜索并推荐给其他会员，还可以通过直接消息、音频和视频进行交流。</blockquote></p><p></p>","source":"lsy1612507957220","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>Kate Moss' private members club Soho House crashes on New York debut<blockquote>凯特·莫斯(Kate Moss)的私人会员俱乐部Soho House在纽约首次亮相时发生车祸</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; 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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\">\nKate Moss' private members club Soho House crashes on New York debut<blockquote>凯特·莫斯(Kate Moss)的私人会员俱乐部Soho House在纽约首次亮相时发生车祸</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">finance.yahoo</strong><span class=\"h-time small\">2021-07-16 17:25</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Shares in the owner of Kate Moss’ private members club Soho House fell out of fashion with investors last night, as it ended its stock market debut 9.6% lower.</p><p><blockquote>昨晚，凯特·莫斯(Kate Moss)私人会员俱乐部Soho House的所有者的股票在投资者中不再流行，该公司在股市首次亮相时下跌了9.6%。</blockquote></p><p> Membership Collective Group (MCG), which has expanded its exclusive clubs into a dozen countries across the globe, saw its stock drop to less $12.66 after its first day of trading in New York, valuing the firm at $2.5bn (£1.8bn).</p><p><blockquote>Membership Collective Group(MCG)已将其专属俱乐部扩展到全球十几个国家，其股价在纽约首日交易后跌至不到12.66美元，该公司估值为25亿美元（18亿英镑）。</blockquote></p><p> It had raised $420m in its initial public offering (IPO) led by JPMorgan, Morgan Stanley and Bank of America Corp, and sold 30 million shares at $14 each, at the lower end of expectations. It had previously said it would list at between $14 and $16 a share.</p><p><blockquote>该公司在摩根大通、摩根士丹利和美国银行牵头的首次公开募股(IPO)中筹集了4.2亿美元，并以每股14美元的价格出售了3000万股股票，低于预期的下限。该公司此前曾表示，上市价格将在每股14至16美元之间。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f8f426dda5ec6336ac3ed745b32148c\" tg-width=\"705\" tg-height=\"471\" referrerpolicy=\"no-referrer\"><span>MCG fell 9.6% on Thursday in its first day of trading in New York. Chart: Yahoo Finance</span></p><p><blockquote><p class=\"t-img-caption\"><span>MCG周四在纽约交易首日下跌9.6%。图表：雅虎财经</span></p></blockquote></p><p> The company was founded by its chief executive, Nick Jones, in 1995 in London’s Soho district as a venue for executives in the creative industries, It has clubs in cities including New York, Hong Kong, Amsterdam and Barcelona, and is planning to open additional clubs in Paris, Rome and Tel Aviv in the near future.</p><p><blockquote>该公司由首席执行官尼克·琼斯(Nick Jones)于1995年在伦敦索霍区创立，作为创意产业高管的场所，在纽约、香港、阿姆斯特丹和巴塞罗那等城市设有俱乐部，并计划在不久的将来在巴黎、罗马和特拉维夫开设更多俱乐部。</blockquote></p><p> However, despite its almost 120,000 members who pay up to $3,400 a year, and attracting celebrities such as supermodel Kate Moss to the clubs, it is yet to turn a profit after almost three decades.</p><p><blockquote>然而，尽管其拥有近12万名会员，每年支付高达3,400美元的费用，并吸引了超模凯特·莫斯(Kate Moss)等名人加入俱乐部，但近30年后仍未实现盈利。</blockquote></p><p> In the first quarter of the year it posted a loss of $93m on revenues of $72m as the impact of the coronavirus pandemic continued to wreak havoc on the business. This compared to losses of $45 million for the equivalent period a year ago.</p><p><blockquote>今年第一季度，由于冠状病毒大流行的影响继续对业务造成严重破坏，该公司营收为7200万美元，亏损9300万美元。相比之下，去年同期亏损4500万美元。</blockquote></p><p> Last year, losses came in at $384m in the 12 months to 3 January, according to its filings with the US Securities and Exchange Commission, with more than 1,000 of its employees being made redundant.</p><p><blockquote>根据该公司向美国证券交易委员会提交的文件，去年截至1月3日的12个月内亏损达3.84亿美元，裁员1000多名员工。</blockquote></p><p> MCG, which also owns The Ned hotel in London and the Scorpios beach club in Mykonos, revealed that less than a tenth of its members cancelled their subscriptions during the health crisis. Some 92% of them remained on the roster during 2020 despite clubs being forced to close.</p><p><blockquote>MCG还拥有伦敦的Ned酒店和米科诺斯岛的Scorpios海滩俱乐部，该公司透露，在健康危机期间，只有不到十分之一的会员取消了订阅。尽管俱乐部被迫关闭，但其中约92%的人在2020年仍留在名册上。</blockquote></p><p> “We think we’re coming out of COVID in a very good position,” Jones told Bloomberg in a TV interview. “We think there’s a lot of exciting growth opportunities.”</p><p><blockquote>琼斯在接受彭博社电视采访时表示：“我们认为我们在摆脱新冠疫情时处于非常有利的地位。”“我们认为有很多令人兴奋的增长机会。”</blockquote></p><p> He added that the company’s IPO saw a huge demand for members looking to take part in the float, with around 20% subscribing for the maximum amount of 100 shares.</p><p><blockquote>他补充说，该公司的IPO对希望参与上市的会员需求巨大，约20%的会员认购了最多100股。</blockquote></p><p> “They've stayed so loyal during the pandemic, and they're really cheering from the sidelines at this stage of our lives,” he said.</p><p><blockquote>他说：“他们在大流行期间一直如此忠诚，在我们人生的这个阶段，他们真的在场边欢呼。”</blockquote></p><p> Jones is hoping to open another 16 Soho House “houses” by the end of 2023, taking the total to 46.</p><p><blockquote>琼斯希望到2023年底再开设16家Soho House“House”，使总数达到46家。</blockquote></p><p> The company also plans to launch a digital-only membership later this year, which will allow members to search for and be recommended to other members, as well as being able to communicate through direct messaging, audio and video.</p><p><blockquote>公司还计划今年晚些时候推出仅数字会员资格，会员可以搜索并推荐给其他会员，还可以通过直接消息、音频和视频进行交流。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/membership-collective-group-kate-moss-private-members-club-soho-house-crashes-new-york-debut-085858139.html\">finance.yahoo</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":{},"source_url":"https://finance.yahoo.com/news/membership-collective-group-kate-moss-private-members-club-soho-house-crashes-new-york-debut-085858139.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112405949","content_text":"Shares in the owner of Kate Moss’ private members club Soho House fell out of fashion with investors last night, as it ended its stock market debut 9.6% lower.\nMembership Collective Group (MCG), which has expanded its exclusive clubs into a dozen countries across the globe, saw its stock drop to less $12.66 after its first day of trading in New York, valuing the firm at $2.5bn (£1.8bn).\nIt had raised $420m in its initial public offering (IPO) led by JPMorgan, Morgan Stanley and Bank of America Corp, and sold 30 million shares at $14 each, at the lower end of expectations. It had previously said it would list at between $14 and $16 a share.\nMCG fell 9.6% on Thursday in its first day of trading in New York. Chart: Yahoo Finance\nThe company was founded by its chief executive, Nick Jones, in 1995 in London’s Soho district as a venue for executives in the creative industries, It has clubs in cities including New York, Hong Kong, Amsterdam and Barcelona, and is planning to open additional clubs in Paris, Rome and Tel Aviv in the near future.\nHowever, despite its almost 120,000 members who pay up to $3,400 a year, and attracting celebrities such as supermodel Kate Moss to the clubs, it is yet to turn a profit after almost three decades.\nIn the first quarter of the year it posted a loss of $93m on revenues of $72m as the impact of the coronavirus pandemic continued to wreak havoc on the business. This compared to losses of $45 million for the equivalent period a year ago.\nLast year, losses came in at $384m in the 12 months to 3 January, according to its filings with the US Securities and Exchange Commission, with more than 1,000 of its employees being made redundant.\nMCG, which also owns The Ned hotel in London and the Scorpios beach club in Mykonos, revealed that less than a tenth of its members cancelled their subscriptions during the health crisis. Some 92% of them remained on the roster during 2020 despite clubs being forced to close.\n“We think we’re coming out of COVID in a very good position,” Jones told Bloomberg in a TV interview. “We think there’s a lot of exciting growth opportunities.”\nHe added that the company’s IPO saw a huge demand for members looking to take part in the float, with around 20% subscribing for the maximum amount of 100 shares.\n“They've stayed so loyal during the pandemic, and they're really cheering from the sidelines at this stage of our lives,” he said.\nJones is hoping to open another 16 Soho House “houses” by the end of 2023, taking the total to 46.\nThe company also plans to launch a digital-only membership later this year, which will allow members to search for and be recommended to other members, as well as being able to communicate through direct messaging, audio and video.","news_type":1,"symbols_score_info":{"MCG":0.9}},"isVote":1,"tweetType":1,"viewCount":1898,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148560753,"gmtCreate":1625989309172,"gmtModify":1631893748302,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/148560753","repostId":"1196440758","repostType":4,"repost":{"id":"1196440758","kind":"news","pubTimestamp":1625967335,"share":"https://www.laohu8.com/m/news/1196440758?lang=zh_CN&edition=full","pubTime":"2021-07-11 09:35","market":"us","language":"en","title":"2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1196440758","media":"Motley Fool","summary":"Both of these companies grew revenue by triple-digit rates in their most recent quarters. More importantly, their futures look bright.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Growth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.</li>  <li>Stay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.</li>  <li>Both of these fast-growing tech businesses are already profitable.</li> </ul> There's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like&nbsp;<b>Waste Management</b>&nbsp;and&nbsp;<b>Berkshire Hathaway</b>. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.</p><p><blockquote><ul><li>成长型股票可能比稳定、成熟的公司风险更大，但精心挑选的股票可能是值得的。</li><li>居家趋势帮助了这些公司，但它们的增长率在大流行之前也很高。</li><li>这两项快速增长的科技业务都已经盈利。</li></ul>在选择投资者可能持有数年甚至数十年的股票时，存在一个有趣的困境。一方面，希望长期持有股票的投资者可以坚持持有稳定且成熟的公司，这些公司已经存在了数十年，并且在可预见的未来可能会继续取得成功——例如<b>废物管理</b>和<b>伯克希尔哈撒韦</b>然而，这种方法的缺点是，投资者可能会错过长期快速增长的公司可能带来的潜在优异表现。</blockquote></p><p> The issue with buying&nbsp;growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.</p><p><blockquote>然而，购买成长型股票的问题在于，很难衡量其快速的营收增长率能持续多久。此外，如果股价中已经体现的增长前景没有实现，这些公司的股价可能会表现非常糟糕。换句话说，押注未来十年的成长型股票可能比押注拥有数十年成功经验的稳定成熟公司的风险更大。</blockquote></p><p> So if an&nbsp;investor&nbsp;wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.</p><p><blockquote>因此，如果投资者想购买未来10年极有可能超出预期的成长型股票，他们最好有一些很好的理由相信这些公司能够做到这一点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/257045ef62f724806bce2b35390a5e4f\" tg-width=\"2000\" tg-height=\"1500\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Here are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:<b>Zoom Video Communications</b>(NASDAQ:ZM)&nbsp;and&nbsp;<b>Peloton Interactive</b>(NASDAQ:PTON).</p><p><blockquote>以下是两只成长型股票，它们不仅有可能在未来10年达到高预期，甚至可能超过预期：<b>Zoom Video通信公司</b>（纳斯达克：ZM）及<b>Peloton互动</b>（纳斯达克：PTON）。</blockquote></p><p> <b>Zoom and Peloton were already thriving before the pandemic</b></p><p><blockquote><b>Zoom和Peloton在大流行之前就已经蓬勃发展</b></blockquote></p><p> At first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.</p><p><blockquote>乍一看，投资者可能会得出结论，Zoom只不过是一只流行病股票。他们可能会说，该公司的成功几乎完全取决于这样一个事实，即世界大部分地区在2020年和2021年都处于封锁状态。</blockquote></p><p> It's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.</p><p><blockquote>确实，Zoom从2020年虚拟工作的兴起中受益匪浅。毕竟，该公司2021财年（截至2021年1月31日的财年）的收入同比飙升326%。但投资者应该注意到，在大流行之前，使用视频进行虚拟协作的趋势就已经非常强劲；2020财年收入同比增长88%。当时来自大客户的增长尤其强劲。2020财年第四季度，Zoom的客户过去12个月收入贡献超过10万美元，同比增长86%。</blockquote></p><p> The same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.</p><p><blockquote>Peloton也是如此。该公司当然受益于疫情，但截至2019年12月31日的季度收入同比增长77%，联网健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续的势头</b></blockquote></p><p> The underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.</p><p><blockquote>推动Zoom和Peloton的潜在催化剂仍然存在。两家公司都持续强劲增长。</blockquote></p><p> Despite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.</p><p><blockquote>尽管与去年同期相比面临极其严峻的比较，但Zoom和Peloton在最近报告的季度中的收入分别同比增长了191%和141%，当时两家公司都受益于封锁期间需求飙升。</blockquote></p><p> Looking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.</p><p><blockquote>展望未来，Zoom特别预计2022财年营收将接近40亿美元，高于2021财年约27亿美元的营收。</blockquote></p><p> Boding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.</p><p><blockquote>管理层在最近的季度更新中表示，其每个互联健身订阅的月平均锻炼次数升至历史新高，这预示着Peloton的持续势头，这表明即使经济重新开放，该公司的产品仍然产生高参与度。</blockquote></p><p> <b>Healthy profits</b></p><p><blockquote><b>健康利润</b></blockquote></p><p> Finally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.</p><p><blockquote>最后，这些公司与许多其他成长型股票不同的另一个因素是，它们已经非常有利可图。Zoom过去12个月的销售额为33亿美元，净利润为8.73亿美元，Peloton的净利润为37亿美元，净利润为2.13亿美元。</blockquote></p><p> Substantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.</p><p><blockquote>可观的利润使这些公司在对未来的增长机会进行再投资以及努力增强其在各自行业的竞争地位和先发优势方面具有优势。</blockquote></p><p> While there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.</p><p><blockquote>虽然不能保证这两只股票在未来10年内会跑赢市场，但它们最近的势头——在大流行最严重的时期之前、期间和之后——表明它们的未来可能充满希望。</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>2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</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\">\n2 Growth Stocks for the Next 10 Years<blockquote>未来10年的2只成长型股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-07-11 09:35</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Growth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.</li>  <li>Stay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.</li>  <li>Both of these fast-growing tech businesses are already profitable.</li> </ul> There's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like&nbsp;<b>Waste Management</b>&nbsp;and&nbsp;<b>Berkshire Hathaway</b>. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.</p><p><blockquote><ul><li>成长型股票可能比稳定、成熟的公司风险更大，但精心挑选的股票可能是值得的。</li><li>居家趋势帮助了这些公司，但它们的增长率在大流行之前也很高。</li><li>这两项快速增长的科技业务都已经盈利。</li></ul>在选择投资者可能持有数年甚至数十年的股票时，存在一个有趣的困境。一方面，希望长期持有股票的投资者可以坚持持有稳定且成熟的公司，这些公司已经存在了数十年，并且在可预见的未来可能会继续取得成功——例如<b>废物管理</b>和<b>伯克希尔哈撒韦</b>然而，这种方法的缺点是，投资者可能会错过长期快速增长的公司可能带来的潜在优异表现。</blockquote></p><p> The issue with buying&nbsp;growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.</p><p><blockquote>然而，购买成长型股票的问题在于，很难衡量其快速的营收增长率能持续多久。此外，如果股价中已经体现的增长前景没有实现，这些公司的股价可能会表现非常糟糕。换句话说，押注未来十年的成长型股票可能比押注拥有数十年成功经验的稳定成熟公司的风险更大。</blockquote></p><p> So if an&nbsp;investor&nbsp;wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.</p><p><blockquote>因此，如果投资者想购买未来10年极有可能超出预期的成长型股票，他们最好有一些很好的理由相信这些公司能够做到这一点。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/257045ef62f724806bce2b35390a5e4f\" tg-width=\"2000\" tg-height=\"1500\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> Here are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:<b>Zoom Video Communications</b>(NASDAQ:ZM)&nbsp;and&nbsp;<b>Peloton Interactive</b>(NASDAQ:PTON).</p><p><blockquote>以下是两只成长型股票，它们不仅有可能在未来10年达到高预期，甚至可能超过预期：<b>Zoom Video通信公司</b>（纳斯达克：ZM）及<b>Peloton互动</b>（纳斯达克：PTON）。</blockquote></p><p> <b>Zoom and Peloton were already thriving before the pandemic</b></p><p><blockquote><b>Zoom和Peloton在大流行之前就已经蓬勃发展</b></blockquote></p><p> At first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.</p><p><blockquote>乍一看，投资者可能会得出结论，Zoom只不过是一只流行病股票。他们可能会说，该公司的成功几乎完全取决于这样一个事实，即世界大部分地区在2020年和2021年都处于封锁状态。</blockquote></p><p> It's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.</p><p><blockquote>确实，Zoom从2020年虚拟工作的兴起中受益匪浅。毕竟，该公司2021财年（截至2021年1月31日的财年）的收入同比飙升326%。但投资者应该注意到，在大流行之前，使用视频进行虚拟协作的趋势就已经非常强劲；2020财年收入同比增长88%。当时来自大客户的增长尤其强劲。2020财年第四季度，Zoom的客户过去12个月收入贡献超过10万美元，同比增长86%。</blockquote></p><p> The same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.</p><p><blockquote>Peloton也是如此。该公司当然受益于疫情，但截至2019年12月31日的季度收入同比增长77%，联网健身订户同比增长96%。</blockquote></p><p> <b>Continued momentum</b></p><p><blockquote><b>持续的势头</b></blockquote></p><p> The underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.</p><p><blockquote>推动Zoom和Peloton的潜在催化剂仍然存在。两家公司都持续强劲增长。</blockquote></p><p> Despite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.</p><p><blockquote>尽管与去年同期相比面临极其严峻的比较，但Zoom和Peloton在最近报告的季度中的收入分别同比增长了191%和141%，当时两家公司都受益于封锁期间需求飙升。</blockquote></p><p> Looking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.</p><p><blockquote>展望未来，Zoom特别预计2022财年营收将接近40亿美元，高于2021财年约27亿美元的营收。</blockquote></p><p> Boding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.</p><p><blockquote>管理层在最近的季度更新中表示，其每个互联健身订阅的月平均锻炼次数升至历史新高，这预示着Peloton的持续势头，这表明即使经济重新开放，该公司的产品仍然产生高参与度。</blockquote></p><p> <b>Healthy profits</b></p><p><blockquote><b>健康利润</b></blockquote></p><p> Finally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.</p><p><blockquote>最后，这些公司与许多其他成长型股票不同的另一个因素是，它们已经非常有利可图。Zoom过去12个月的销售额为33亿美元，净利润为8.73亿美元，Peloton的净利润为37亿美元，净利润为2.13亿美元。</blockquote></p><p> Substantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.</p><p><blockquote>可观的利润使这些公司在对未来的增长机会进行再投资以及努力增强其在各自行业的竞争地位和先发优势方面具有优势。</blockquote></p><p> While there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.</p><p><blockquote>虽然不能保证这两只股票在未来10年内会跑赢市场，但它们最近的势头——在大流行最严重的时期之前、期间和之后——表明它们的未来可能充满希望。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/07/10/2-growth-stocks-for-the-next-10-years/\">Motley Fool</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":{"ZM":"Zoom","PTON":"Peloton Interactive, Inc."},"source_url":"https://www.fool.com/investing/2021/07/10/2-growth-stocks-for-the-next-10-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196440758","content_text":"Key Points\n\nGrowth stocks may be riskier than stable and established companies, but carefully selected ones may be worth it.\nStay-at-home trends have helped these companies, but their growth rates were high before the pandemic, too.\nBoth of these fast-growing tech businesses are already profitable.\n\nThere's an interesting dilemma when it comes to picking stocks investors can likely hold for years or even decades. On the one hand, investors looking to hold shares for the long haul can stick with stable and established companies that have been around for decades and will likely continue succeeding for the foreseeable future -- companies like Waste Management and Berkshire Hathaway. The downside to this approach, however, is that investors may miss out on the potential outperformance that could come from fast-growing companies over the long haul.\nThe issue with buying growth stocks, however, is that it's extremely difficult to gauge how long their rapid top-line growth rates can persist. Further, these companies' stock prices could perform very poorly if the growth prospects already baked into the stock price don't pan out. In other words, there's arguably more risk when it comes to betting on growth stocks for the next decade than there is for stable and established companies with decades of success behind them.\nSo if an investor wants to buy growth stocks with a high chance of exceeding expectations over the next 10 years, they better have some pretty good reasons to believe these companies can do exactly that.\nIMAGE SOURCE: GETTY IMAGES.\nHere are two growth stocks that have a shot at not only living up to high expectations over the next 10 years but possibly even exceeding them:Zoom Video Communications(NASDAQ:ZM) and Peloton Interactive(NASDAQ:PTON).\nZoom and Peloton were already thriving before the pandemic\nAt first glance, investors may conclude that Zoom is nothing more than a pandemic stock. They may argue that the company's success was predicated almost entirely on the fact that much of the world was in lockdown in 2020 and going into 2021.\nIt's true that Zoom benefited significantly from the rise of virtual work in 2020. After all, revenue for the company's fiscal 2021 (a fiscal year ending Jan. 31, 2021) skyrocketed 326% year over year. But investors should note that the trend of using video to collaborate virtually was already extremely strong before the pandemic; fiscal 2020 revenue rose 88% year over year. Growth at the time was particularly strong from large customers. Zoom's customers contributing more than $100,000 of trailing-12-month revenue increased 86% year over year in the fourth quarter of fiscal 2020.\nThe same goes for Peloton. The company certainly benefited from the pandemic, but revenue during the quarter ending Dec. 31, 2019 was growing at a year-over-year rate of 77%, with connected fitness subscribers increasing 96% year over year.\nContinued momentum\nThe underlying catalysts driving Zoom and Peloton are both still alive and well. Strong growth persists at both companies.\nDespite facing extremely tough comparisons in the year-ago quarter, from when both companies were benefiting from soaring demand amid lockdowns, Zoom's and Peloton's revenue in their most recently reported quarters grew 191% and 141% year over year, respectively.\nLooking ahead, Zoom notably guided for fiscal 2022 revenue of nearly $4 billion, up from fiscal 2021 revenue of about $2.7 billion.\nBoding well for Peloton's continued momentum, management said in its most recent quarterly update that its monthly average workouts per connected fitness subscription rose to an all-time high, showing how the company's products are still yielding high engagement even as the economy reopens.\nHealthy profits\nFinally, another factor that makes these companies unique from many other growth stocks is that they are already very profitable. Zoom generated $873 million of net income on $3.3 billion of trailing-12-month sales, and Peloton served up $213 million of net income from $3.7 billion in revenue.\nSubstantial profits give these companies an edge when it comes to reinvesting in growth opportunities ahead of them and spending on efforts to enhance their competitive positioning and first-mover advantages in their respective industries.\nWhile there's no guarantee these two stocks will beat the market over the next 10 years, their recent momentum -- before, during, and after the worst part of the pandemic -- suggests they likely have a promising future.","news_type":1,"symbols_score_info":{"PTON":0.9,"ZM":0.9}},"isVote":1,"tweetType":1,"viewCount":829,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148560564,"gmtCreate":1625989231758,"gmtModify":1631893748295,"author":{"id":"4088394474156640","authorId":"4088394474156640","name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088394474156640","idStr":"4088394474156640"},"themes":[],"htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/148560564","repostId":"1135090843","repostType":4,"isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}