Serenity responds to AI stock plunge: Portfolio has already retraced 49% in a single month, but long-term thesis remains unchanged

Odaily reported that "White Hair Stock God" Serenity posted on platform X, stating that due to the recent market downturn, his investment portfolio experienced a maximum drawdown of 49.4% this month, but he maintains his view on the long-term trend of the AI industry chain.

Serenity revealed that his investment portfolio is mainly concentrated in key segments of the AI industry chain, including: semiconductor upstream, memory chips (Memory), photonics technology (Photonics), humanoid robots (Robotics), and AI infrastructure-related companies. Because these areas typically have higher beta attributes, leverage was previously used for investments, but leverage levels have been reduced following the recent market decline.

Facing market skepticism towards AI-related assets, Serenity stated that recently, a large number of investors have begun to believe: "AI is a bubble," "Memory chips and the Korean KOSPI market are a bubble," "Photonics technology is a bubble,"

"Humanoid robots will not succeed," "Neocloud (new AI cloud service providers) will eventually be replaced by hyperscale cloud providers like Meta." At the same time, some retail investors and trading bots have even started saying, "Liquidate everything, the market will not recover."

Serenity said he still believes these investment themes are supported by structural revenue growth and technological change. He has experienced similar drawdowns in the past when global tariff risks impacted the market, and the market eventually rebounded. His investment horizon is long-term, allowing him to withstand higher volatility, and he will not change his long-term judgment based on short-term price fluctuations. Sharing this drawdown data is also to maintain transparency and let the market see the real risks behind high-volatility growth investments.

Serenity added: "If my prediction is that the revenue inflection point will come in the second half of 2027, and it's only 2026 now, then a decline of just a few weeks or months does not prove that the investment thesis has failed."