PDD DD
This is a sure thing
[Dumped my entire TFSA into PDD yesterday](https://i.imgur.com/ileUaxN.png)
As a guy in his 20s, this TFSA is (basically) all I got. Spent years building this account. I tossed everything in there.
###DD
Am pure-blooded Chinese. Grew up in canada. Moved back to China last year.
Many of you ass clowns subscribe to the concept that Chinese have small dicks. Honestly that’s cool, but if you subscribe to that, then you must also subscribe to the fact that chinese have high IQs
PDD has about 14k employees. It is amongst the elite of the elite companies to work at, especially for fresh chinese college grads. China has 1.4 billion people.
Imagine a high IQ country of 1.4 billion people, now imagine 14k of the highest IQ people out of those 1.4 billion high IQ people working at a single company, and you got PDD.
###China’s 996 work culture
996 means 9am - 9pm, 6 days a week. Basically a 70-hour work week. It’s extremely toxic, but undoubtedly the most competitive work model in the world.
Imagine a company of people with average IQ of 135, all working 70 hours a week. Imagine the competitiveness of such an organization.
Temu’s tremendous growth is no surprise. Temu is the fastest growth e-commerce marketplace for a good fucking reason. Like I mentioned, it’s built by an organization with an average IQ of 135, with basically everyone no life working 70 hour weeks.
###Personal experience:
- So far in China I dated 2 girls working from PDD. One worked in HR and one worked in product. They were horribly unattractive. Why? They dunno how to use makeup, they dunno how to dress. They only know how to work. The HR girl especially, told me just how many interviews they’re doing. They’re growing FAST. Their work pace is literally incomprehensible for clueless westerners. I’d wager most US tech workers would probably have a mental breakdown if they work 1 month at PDD, because they simply can’t handle its pace and the stress.
- After moving back to china, I first started buying shit off jd.com and taobao because I haven’t heard of PDD. Then one day I started using PDD, and from that day onwards, 80% of my online purchases are from PDD. It’s simply the best shopping app in China for most items. That’s all you need to know.
The biggest counter-argument is… “But it’s a chinese company! They’re cooking the books”
- Just because 1 chinese company cooked the books, doesn’t mean every chinese company is cooking the books, dumbass.
- Chinese companies live in fear of being delisted due to the bad reputation that chinese companies have. Do you really think they’re dumb enough to cook the books when they got a target on their back? If you got a target pointed at your back, you play it safe, dumbass.
- That 1 chinese company known for cooking its books? Well, if you bought its stock at the bottom, you would have 15x’ed your money, dumbass
PDD is a long term hold for me, although I might consider selling if it hits ~$200 USD (2x my book value) in a short timeframe and look at other options.
###This is a sure thing.
###Trust me on this one.
P.S. Most of you dumbasses are too dumb to realize that China’s stock market today is like US’s stock market in the 70s. Buffett’s success cannot be replicated today in the US market, but it can be replicated in the chinese market. There are so many undervalued stocks in the Chinese stock market today due to the intense fear investors have for the Chinese stock market, both from domestic chinese investors and international. There are so many opportunities in the chinese stock market today, but most of you watch too much western propaganda and don’t have enough brain cells to think anything else except “CHINA BAD”, “CANT TRUST NO CHINESE COMPANY”, “THEY BE COOKING THE BOOKS AND SHIT YO”, “CHINESE BE COMMUNIST AND SHIT BRO LOL”