Today tech stocks are falling hard— from A-share tech, to Hong Kong tech, and then to overseas tech stocks.
SK hynix, Micron, AI, semiconductors…
A few days ago they were still the answer to the times; today they’ve become a high-level bag-holding opportunity.
That’s how the market is.
It always searches for the next story.
So I’ve always felt that you shouldn’t worship any single sector.
And you shouldn’t put your faith in any single kind of narrative.
AI will rotate, chips will rotate, and new energy will rotate.
Even BTC and ETH have their own cycles.
But memes are a little different.
A real meme never lives or dies based on industry fundamentals.
It lives on culture—it lives on community.
It depends on whether a group of people is willing to keep telling the same story again and again.
Tech stocks may fall today and still rally again tomorrow.
But the ones that can truly survive across multiple cycles are never just one particular sector.
It’s the communities that have their own culture.
Price belongs to the market; culture belongs to time.
Time is the biggest Alpha.
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