但斌展望2025：人工智能时代能否续写互联网传奇？

Core Viewpoint - The core viewpoint emphasizes that technological innovation is the primary driver of wealth growth in human society, with a strong belief in the long-term value of technology stocks, particularly in the context of the emerging artificial intelligence era [1][9]. Group 1: Investment Philosophy - The company advocates for a long-term investment perspective, suggesting that investors should hold outstanding companies for ten, twenty, or even thirty years to achieve significant growth [4]. - The investment strategy focuses on selecting companies that can reshape the world, particularly in the AI sector, indicating a shift from local to global investment perspectives [9]. Group 2: Market Predictions - The company predicts that the capital market in 2025 may mirror the trajectory of the internet era in 1998, with an expected 20% increase in the Nasdaq index [1]. - Despite challenges in 2023, the company has maintained its position as a top performer in the private equity sector, with a strong rebound in performance linked to the Nasdaq's recovery [1]. Group 3: Investment Strategies - The company employs various investment strategies, including significant positions in technology giants and ETFs like TQQQ and FNGU, while also utilizing leveraged products for potential higher returns [2]. - It is noted that while holding U.S. stocks carries relatively low risk, using triple-leveraged ETFs and double-leveraged stock strategies incurs high transaction costs, making them suitable for bullish market conditions [3]. Group 4: Market Sentiment and Timing - The company highlights that significant market downturns often present historical investment opportunities, although few investors are willing to act during periods of fear [7]. - The company believes that the current AI era will last over a decade and could generate substantial wealth, similar to previous technological revolutions [9].