Serenity responds to AI stock plunge: portfolio has retraced by 49% in a single month, but the long-term logic remains unchanged

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

Serenity revealed that his portfolio is mainly focused on key segments of the AI industry chain, including: upstream semiconductors, memory chips, photonics, robotics, and companies related to AI infrastructure. As these areas typically have higher beta attributes, he previously used leverage in his investments, but has reduced leverage after the current market decline.

Facing skepticism about AI-related assets in the market, Serenity said that a large number of investors recently began to believe: "AI is a bubble," "memory chips and the South Korean KOSPI market are bubbles," "photonics is a bubble,"

"Humanoid robots will not succeed," "Neocloud (new AI cloud service provider) will eventually be replaced by hyperscale cloud giants like Meta," and some retail investors and trading bots are even calling for "liquidate everything, the market will not recover."

Serenity stated that he still believes there is structural income growth and technological change supporting these investment themes. In the past, when global tariff risks hit the market, he also experienced similar drawdowns, but the market eventually rebounded. His investment cycle is relatively long and he can withstand higher volatility, so he will not change his long-term judgment due to short-term price fluctuations. He shared this drawdown data to maintain transparency and let the market see the real risks behind highly volatile growth investments.

Serenity added: "If my prediction is that the inflection point in income will arrive in the second half of 2027, and now it's only 2026, then a decline lasting just a few weeks or months cannot prove that the investment logic has failed."