In fact, I've been thinking about this issue for many years, and I haven't understood what Buffett means by the margin of safety, but I finally realized this is how cheap a company I don't understand is not cheap. My understanding of the margin of safety is the understanding of the company rather than the short-term stock price fluctuations. For a great company, sometimes a little price difference may not be a problem after 10 years, but it may be a big deal to miss a good company because of that price....

Tencent plans to launch a personal WeChat cloud storage payment service to realize cloud backup and recovery of WeChat chat records.
The business may adopt a yearly payment model, with Apple users at around 180 yuan/year, and Android users at 130 yuan.
Assuming that 5% of WeChat users use cloud storage services, corresponding to 5 million to 6 million users, at 150 yuan per capita, the total revenue that can be created will reach 750 million to 900 million.
This number is too small for Tencent, which has a total market value of several trillion. But the key is that in addition to providing free services, WeChat has finally begun to explore a profit model. ...

Hi mooer,
Huat lah! Welcome to moomoo community!
Here in moomoo, traders from all over the world share personal investing experiences and concepts with new and old friends.
You can see in-depth investment reviews, daily profit & loss, trading disciplines, the processes for building a personal trading system and more!
Many interesting things are happening now, let me show you around!
Wanna see how everyone else is doing?
People are sharing their Daily Profit & Loss in moomoo community:...