Dan Bin believes that humans may have entered the fourth era, the era of artificial intelligence. AI will bring huge changes, and we should invest with all our efforts. Humans are now similar to the moment when the steam engine was invented.

Dan Bin revealed for the first time that due to the significant rise of Nvidia stock, his company now holds nearly half of the shares. "And I don't plan to sell, I will continue to buy. The probability of Nvidia becoming the world's largest company in the future is greater than Microsoft's. The horn of the era has just sounded. Embrace this era with a global strategy."

It is worth noting that Dan Bin also shared an interesting phenomenon. Those who made big money on Tencent have now coincidentally bought Nvidia and Bitcoin in the era of artificial intelligence. The most difficult aspect of investment, the unity of knowledge and action, is difficult for most people, and they will miss an era.

The horn of the era has just sounded.

Since the launch of ChatGPT, with a large influx of funds, the AI industry has become hot. Understanding the development trend and prospects of the AI industry will undoubtedly have a profound impact on investment layout.

It is understood that as early as 2022, some of the products under Orient Port have heavily invested in US AI stocks, and the net value of its products has continued to hit historical highs, attracting widespread market attention.

"Dan Bin stated at the forum that humans may have entered the fourth era, the era of artificial intelligence. The first three eras are the era of electronic hardware, the era of the Internet, and the era of mobile internet. If you think that the era of artificial intelligence is more revolutionary than the first three eras, then you should invest in the artificial intelligence field with all your efforts."

"When we were young, we also bought companies like Tencent, but we made some money without knowing what we were doing. Now, I think we should be more determined than when we were young and invest with all our efforts. Almost all of Orient Port's US stock investment products embrace this era."

As an "AI shovel seller", Nvidia is undoubtedly the stock that benefits most from this round of AI, and its stock price continues to hit historical highs. Recently, its market capitalization surpassed Apple and became the second largest market capitalization company in the world.

"Dan Bin pointed out that Nvidia is likely to surpass Microsoft in the future and become the world's largest company. "The horn of the era has just sounded. The probability of winning by embracing this era with a global strategy is high."

Orient Port's position in Nvidia is nearly half.

In investment, how to see farther and more accurately, and at the same time hold on to it, will ultimately result in vastly different results.

Dan Bin said that among Orient Port's eight fund managers, he is the only one who invests heavily in Nvidia from start to finish. "We all bought it at full position, and because it has risen significantly, Orient Port's position in Nvidia has now reached 40% to 50%. I have not sold any shares and have money to continue buying."

At the same time, Dan Bin also lamented that the most difficult part of investment is the unity of knowledge and action. "In my long career, for example, few people have made big money like Tencent. Those who made big money on Tencent have now coincidentally bought Nvidia and Bitcoin in the era of artificial intelligence. This is an interesting investment phenomenon."

Dan Bin believes that investment is about who can see farther, more accurately, invest heavily, and persevere without missing any of these aspects. "You must have a phenomenal return, that is, earning 100 times in a company. You must hold a company from a growth stock to a value stock. The first three eras are basically opportunities of more than ten years. If last year was the first year of artificial intelligence, this era is likely to last from 2034 to 2044, and you should look at it with an industrial perspective over ten years. "

Dan Bin believes that in the next ten years, the first $10 trillion company in human history is likely to be born among the US technology giants. "The competition of AI is definitely a competition of large-scale investment. Amazon invested US$85.3 billion in R&D last year, and this year it exceeded US$100 billion. Google invested US$100 billion in R&D. Microsoft and OpenAI announced an investment of US$100 billion. Without investing to a certain extent, it is difficult to have breakthroughs. The companies that can afford to spend money are more likely to win."

Currently, investment is concentrated in the basic layer of AI.

With the development of AI technology, artificial intelligence will continue to penetrate the consumer market. The opportunities for application and combining with consumer electronics are also attracting attention.

Dan Bin said that our current investment is mainly focused on the AI ​​foundation, which can be both offensive and defensive. The seven major US technology giants are all focused on the AI foundation. The application layer includes software, etc. Most of the recently released quarterly reports have plummeted, and there is no high profit growth.

To be frank, Dan Bin believes that many large-scale applications have emerged in the era of the Internet and mobile Internet, such as Google, Tencent, TikTok, Uber, etc. Large-scale applications in the AI era, such as Apple's AI mobile phones, may set off a new wave at the end of this year and early next year.

Dan Bin pointed out that despite Nvidia's report, we should look at "Huang Renxun's Law", which predicts that GPUs will push AI performance to double year by year, and the speed of change is far beyond Moore's Law.

"Nvidia is likely to surpass Microsoft as the company with the largest market value in human history next week, even reaching $5 trillion, which will be a truly revolutionary prelude or prelude. Many revolutionary changes, including digital human technology, I think is about to come. Humanity is now at a new turning point, similar to the moment when the steam engine was invented. I strongly hope that we can live to witness all of this. We should be happy to live for another 30 or 50 years and welcome the possibility of even immortal humanity."