in the previous 12 years combined.

在過去12年的總和。

Everything was growing so tremendously that no one could stand aside and watch how the

一切都發展得如此之快，以至於沒有人能夠站在一旁觀看，如何

world is making money.

世界正在賺錢。

Even kids jumped in and traded crypto, at least.

即使是孩子們也跳進去，至少交易了加密貨幣。

It felt like the entire world has been trading crypto in the last 2 years.

感覺整個世界在過去2年裡都在交易加密貨幣。

People saw crypto as a way to finally make a few million dollars and escape the rat race.

人們把加密貨幣看作是最終賺取幾百萬美元並逃離老鼠圈的一種方式。

Especially since we had a few crypto millionaires who earned fortunes on dogecoin.

特別是我們有幾個加密貨幣百萬富翁，他們在狗幣上賺取了財富。

Crypto enthusiasts made a strong case that if dogecoin reaches a dollar, we are all going

加密貨幣愛好者提出了一個強有力的理由：如果狗幣達到一美元，我們都要

to become super-wealthy. 

以成為超級富豪。

However, now it doesn't even worth 10 cents. 

然而，現在它甚至不值10美分。

But nothing illustrates more accurately the last 2 years than the case with Gamestop.

但沒有什麼比Gamestop的情況更準確地說明了過去兩年的情況。

What happened there was only possible in theory and should have never happened!

在那裡發生的事情只是在理論上可能發生的，而且不應該發生！"。

  But it happened!

但它還是發生了!

Through a Reddit form, retail investors collectively pushed the stock price so dramatically that

通過一個Reddit表格，散戶投資者集體推高了股票價格，以至於

hedge funds with billions of dollars and the best analysts under their supervision couldn't

擁有數十億美元的對沖基金和他們手下最好的分析師都不能

defend themselves. 

自衛。

In fact, they lost 13 billion dollars.

事實上，他們損失了130億美元。

It got so bad that brokers literally started preventing retail investors from buying GameStop

情況變得如此糟糕，以至於經紀人開始阻止散戶投資者購買GameStop產品。

shares.

股份。

This case is going to go down in history.

這個案子將被載入史冊。

But the roller coaster is over.

但雲霄飛車已經結束。

Now, no one wants to invest in the stock market. 

現在，沒有人願意在股市投資。

The bright days are over. 

明亮的日子已經過去。

Everyone is selling off even though we have massive inflation.

儘管我們有大規模的通貨膨脹，但每個人都在拋售。

No one wants to hold stocks that are losing value faster than a crashing plane.

沒有人願意持有比墜落的飛機更快貶值的股票。

Many people might be exhausted seeing their portfolios down by 30 or 50 percent, but let

許多人看到自己的投資組合下降了30%或50%，可能會感到很疲憊，但讓

me calm you down because these are normal periods in the stock market. 

我讓你冷靜下來，因為這些都是股票市場的正常時期。

Besides long-term investors, there are traders who consistently earn no matter if the market

除了長期投資者之外，還有一些交易員，無論市場如何變化，他們都能持續賺取利潤。

is rising or falling, and then there are periods when it's time to sell.

正在上升或下降，然後有一些時期是出售的時候。

A rise in interest rates is the number one indicator.

利率上升是頭號指標。

So, we just had a period of a massive sell-off.

是以，我們剛剛經歷了一個大規模拋售的時期。

The market will bounce back.

市場將反彈。

The good news is that the market is filled with undervalued stocks.

好消息是，市場上有很多被低估的股票。

Most tech giants will gain back their values, but the question that interests me the most

大多數科技巨頭將重新獲得其價值，但我最感興趣的問題是

is - what are the most undervalued stocks?

是--什麼是價值最被低估的股票？

Which stocks lost most of their value?

哪些股票的價值損失最大？

And which ones will not just recover but will thrive?

而哪些人不僅會恢復，而且會茁壯成長？

We will answer all of these questions and many but before we do that, here is a little

我們將回答所有這些問題和許多問題，但在這之前，這裡有一個小小的

disclaimer, this is not financial advice, and everything that's said in this video is

免責聲明，這不是財務建議，本視頻中所說的一切都屬於

for educational and entertainment purposes.

用於教育和娛樂目的。

Netflix Netflix isn't having its best days.

Netflix Netflix並沒有過上最好的日子。

The stock fell so much that even Bill Ackman got rid of all its Netflix stocks, losing

股價下跌如此之多，甚至連比爾-阿克曼都擺脫了其所有的Netflix股票，失去了

430 million dollars.

4.3億美元。

In the last two years, the pandemic was the ideal reason for people to sign up for Netflix.

在過去兩年中，大流行病是人們註冊Netflix的理想理由。

That's why the company experienced some of its best years ever.

這就是為什麼該公司經歷了有史以來最好的一些年份。

You don't have many entertainment options sitting at home.

你坐在家裡沒有很多娛樂選擇。

You can either play video games or watch something, and Netflix solves one of these problems. 

你要麼玩電子遊戲，要麼看東西，而Netflix解決了其中一個問題。

The stock price almost doubled during the pandemic and peaked at 690 dollars in November. 

股價在大流行期間幾乎翻了一番，在11月達到690美元的高峰。

However, that's when the good news ended.

然而，就在這時，好消息結束了。

Since then, the stock plummeted first by 42 percent and then by 55 percent, bringing it

自那時起，該股先是暴跌了42%，然後又暴跌了55%，使它

down by a total of 72 percent. 

共下降了72%。

The stock is back to where it was in December 2017, as if it didn't gain anything in the

該股又回到了2017年12月的位置，彷彿在這段時間內沒有收穫什麼。

last 5 years.

過去5年。

The only difference is that, back then, it had around a hundred million subscribers,

唯一不同的是，那時，它有大約一億的用戶。

and now it has 220 million subscribers.

而現在它有2.2億的用戶。

In fact, if you look at its P/E ratio, it's 17, which means it will take the company 17

事實上，如果你看一下它的市盈率，它是17，這意味著它將把公司17

years to pay you back. 

幾年後才會還給你。

That number sounds big, but for a tech company, that's low since tech companies, on average,

這個數字聽起來很大，但對於一個科技公司來說，這個數字很低，因為科技公司，平均來說。

have a 25 to 30-year P/E ratio, and some, like in the case of Tesla, have 90. 

有25至30年的市盈率，而有些，如特斯拉，有90年。

Yes, of course, a drop in subscribers is worrying investors that the company has reached its

是的，當然，用戶的減少讓投資者擔心，該公司已經達到了其

peak, but if you look at it objectively, it hasn't.

峰值，但如果你客觀地看，它還沒有。

It's just the beginning.

這只是一個開始。

2.

2.

Pinterest

萍水相逢

Pinterest is a weird social media platform.

Pinterest是一個奇怪的社交媒體平臺。

It's not popular like Instagram or TikTok, but it has always been there.

它不像Instagram或TikTok那樣流行，但它一直都在那裡。

You either use Pinterest and know how helpful it is or don't and have no clue why anyone

你要麼使用Pinterest，知道它有多大的幫助，要麼不使用，也不知道為什麼有人會使用。

would ever use it.

將永遠使用它。

It had its momentum during the pandemic, where the stock grew by almost 400 percent, but

它在大流行期間有其勢頭，股價增長了近400%，但

since then, it has lost almost all of its gain.

自那以後，它幾乎失去了所有的收益。

It's even lower than its pre-pandemic level of 22 dollars per share. 

它甚至低於其大流行前的每股22美元的水準。

Pinterest has also been losing subscribers since its peak of half a billion users in

Pinterest自5億用戶的高峰期以來，其用戶也在不斷減少。

2021, but it is nowhere close to becoming irrelevant. 

2021年，但它還遠遠沒有變得無關緊要。

It's the place where designers, photographers, artists, and many more come for ideas. 

它是設計師、攝影師、藝術家和更多人前來尋求創意的地方。

Do you have a photoshoot and looking for ideas?

你是否有一個照片拍攝並在尋找想法？

Pinterest is the best place for that! 

Pinterest是最好的地方。

Designing your house? 

設計你的房子？

Pinterest is the place to go for ideas!

Pinterest是尋找創意的地方!

Looking for an outfit? 

想找一件衣服嗎？

Pinterest is the place!

Pinterest是個好地方!

Of course, Instagram and google images are also an option, but Pinterest is far better.

當然，Instagram和谷歌圖片也是一種選擇，但Pinterest要好得多。

Its PE ratio is 35, which is not bad for a stock that has been in the market since 2019.

它的市盈率是35，對於自2019年以來一直在市場上的股票來說，這並不壞。

What separates Pinterest from the rest is that its ads are almost indistinguishable

Pinterest與其他公司的不同之處在於，其廣告幾乎沒有區別

from other posts on the platform.

從該平臺上的其他職位。

If people hate ads on social media, then it's a completely opposite story on Pinterest.

如果人們討厭社交媒體上的廣告，那麼在Pinterest上就是完全相反的情況。

Pinterest growth might be much slower than that of Instagram or TikTok, but its gradual

Pinterest的增長可能比Instagram或TikTok要慢得多，但其逐漸的

growth makes it more predictable and stable.

增長使其更加可預測和穩定。

3.

3.

coinbase

幣安

It might not sound convincing to suggest Coinbase if you take at what's happening to crypto.

如果你看一下加密貨幣正在發生的事情，建議Coinbase可能聽起來沒有說服力。

Some coins that looked like they had a bright future literally vanished.

一些看起來有光明前途的硬幣簡直是消失了。

Leave alone the number of scams that are taking place in this industry. 

先不說這個行業發生了多少騙局。

Regardless, crypto has a future, and it's going to play a much bigger role with each

無論如何，加密貨幣有一個未來，它將發揮更大的作用，每一個人都有機會。

passing year since moving around money with crypto is far more convenient than traditional

由於使用加密貨幣移動資金遠比傳統的貨幣更方便，是以在過去的一年裡。

banks. 

銀行。

Coinbase is one of the largest crypto exchanges in the world, and now it's down by 80 percent

Coinbase是世界上最大的加密貨幣交易所之一，現在它下降了80%。

since its peak.

自其高峰期以來。

Will it go back to 350 dollars as it was at its peak? 

它是否會像巔峰時期那樣回到350美元？

Probably yes, but most likely not this year.

可能是的，但很可能不是今年。

4.

4.

Nvidia Nvidia was one of the best-performing stocks

Nvidia Nvidia是表現最好的股票之一

in the last two years.

在過去的兩年裡。

The stock grew by over 500 percent.

該股增長了500%以上。

That's not surprising since the pandemic created a huge shortage of chips and graphic cards

這並不奇怪，因為這種大流行病造成了芯片和顯卡的巨大短缺。

in the market. 

在市場上。

In fact, one of the main reasons for high inflaiton is that there aren't enough chips

事實上，造成高信息量的主要原因之一是沒有足夠的芯片。

to produce electronics since chips are the most important part of any tech.

以生產電子產品，因為芯片是任何技術的最重要部分。

Everyone thought we were about to solve the problem, but the war in Ukraine and the new

每個人都認為我們即將解決這個問題，但烏克蘭的戰爭和新的

variant of the virus kept creating supply chain problems.

該病毒的變體不斷造成供應鏈問題。

The stock definitely suffered in the last 6 months since it's down by 50 percent, but

該股在過去6個月中肯定受到影響，因為它已經下降了50%，但

the demand for chips is still there.

對芯片的需求仍然存在。

The company has already beat analyst expectations for sales and earnings, but the massive sell-off

該公司的銷售和盈利已經超過了分析師的預期，但大規模的拋售

is still pushing the price down.

仍在推動價格下跌。

However, as they solve their supply chains, revenues are going to soar since the demand

然而，隨著他們解決了他們的供應鏈，收入將飆升，因為需求

for chips isn't just high, but it's soaring.

芯片的價格不僅高，而且還在飆升。

5.

5.

Moderna Long term

Moderna 長期

Not a single company received as much attention as Moderna to the point where it became a

沒有一家公司像Moderna一樣受到如此多的關注，以至於它成為一個

household name.

家喻戶曉的名字。

But as the world moved on from covid, so did investors from Moderna.

但是，隨著世界從covid轉向，投資者也從Moderna轉向。

It's down by 70 percent since its peak.

自高峰期以來，它已經下降了70%。

The stock doesn't seem like it will recover. 

該股似乎不會恢復。

However, the truth is that Moderna is the first company to prove that mRNA tech works,

然而，事實是，Moderna是第一家證明mRNA技術有效的公司。

and that's a big deal since this technology makes it much faster and cheaper to create

這是一個大問題，因為這項技術使創造的速度更快，成本更低。

and test new drugs.

並測試新藥。

People might have started paying less attention to the pandemic, but that doesn't mean we

人們可能已經開始減少對這一流行病的關注，但這並不意味著我們

are not going to face new viruses and diseases.

是不會面臨新的病毒和疾病。

Moderna sold $5.9 billion, tripling its vaccine sale in the first quarter of 2022, blowing

Moderna銷售了59億美元，是2022年第一季度疫苗銷售的三倍，吹響了

out revenue and profit expectations.

出收入和利潤預期。

The world is going through some fundamental changes.

世界正在經歷一些根本性的變化。

The geopolitical changes are affecting everyone.

地緣政治的變化正在影響著每個人。

From 1990 to 2020, we had a world order that everyone wanted to keep since everyone saw

從1990年到2020年，我們有一個人人都想保持的世界秩序，因為大家都看到了

an interest in keeping it. 

有興趣保留它。

However, that began to change when the US failed to handle the most recent pandemic,

然而，當美國未能處理最近的大流行病時，這種情況開始改變。

and the war in Ukraine is challenging the United States' global dominance. 

而烏克蘭的戰爭正在挑戰美國的全球主導地位。

It disrupts supply chains, creates massive inflation, and makes the future uncertain.

它擾亂了供應鏈，造成大規模的通貨膨脹，並使未來變得不確定。

The next 2 years will either enforce the Current world order led by the United States or reshape

未來兩年，要麼強制執行美國上司的當前世界秩序，要麼重塑

it. 

它。

So it's normal that a lot of companies are going to go throw some dark and difficult

是以，很多公司要去扔一些黑暗和困難的東西，這很正常。

times.

次。

A global recession in such a period is inevitable. 

在這樣一個時期，全球經濟衰退是不可避免的。

These will most likely be going to suffer further, but if they survive the storm, they

這些人很可能會進一步受苦，但如果他們在風暴中倖存下來，他們

will most definitely grow much bigger.

最肯定的是，它將增長得更大。

Thanks for watching, and I will see you at the next one.

感謝您的觀看，我們將在下一個節目中再見。