Nan Ge's Notes:

I have always been deeply influenced by Buffett's investment philosophy, and I often think about it recently. As the scale of capital funds under management gradually increases. The early strategy of picking up cigarette butts should be gradually reduced to balance risks.

The cigarette butt strategy is to find types that are underestimated by the market and have a small market value. Fortunately, in the crypto circle, you can always find cigarette butts that can still be smoked.

But this kind of cigarette butt target is often seriously counterfeited and has a very low safety margin.

I am thinking about what a good target is. It should be those that I think the price is very high, but I still want to buy.

The market value of this kind of target may be relatively high. But its good development still makes me feel that the future prospects are great.

I am thinking about which assets will make me want to buy every time, but always at its price. I found that it is SOL.. The speed of SOL's ecological development fascinates me every time.

After thinking it over and over again, I plan to hold SOL for a long time and not trade frequently until I think it is almost the end of the bull market. Believe in the power of time.