October 18, 2024 Why BIDU and DJT are the only two stocks we're holding? BIDU and DJT are essentially the only stocks we're holding within our "F5" (fun 5%) portfolio because we have been unable to find any values in the current market. We have sold almost everything else, holding most of the F5 fund in cash. Almost every company that we look into appears to be grossly overvalued at the moment. The stock market is due for a correction, and will correct sooner or later. That's guaranteed. Markets are always cyclical; always. For now, we're enjoying holding BIDU and DJT, two super risky holdings for different reasons. Part I. Baidu (Ticker: BIDU) Baidu, Inc. is the Chinese copy of Google. It was founded on January 1, 2000 by Robin Li and Eric Xu. The company is headquartered in Beijing, China. The Chinese Communist Party (CCP) has a tight grip and overview over the company. Baidu is publicly traded on the NASDAQ under the ticker symbol BIDU and on the Hong Kon
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