Annie 所长|Jul 06, 2026 02:04
How did I achieve financial freedom with storage stocks?
—— ByteDance's 30M Stock God Leto @leto_bao shares his story
1. The database wasn’t even set up, and hard drive prices went crazy
Last August, I wanted to replicate a quantitative strategy from a tail-risk hedging book. So, I went out and bought two hard drives to build a database and run backtests. I spent over 2,000 yuan, and within days, hard drive prices started skyrocketing.
2. Insider info straight from a ByteDance desk
During that time, ByteDance kept emphasizing the need to shorten data TTL (Time to Live) lifecycles. Previously, data could be stored for 2-3 years, but suddenly, they required everything to be cut down to 1 year or even 6 months. The reason was simple: storage was running out.
3. The 13F institutional holdings reveal
I noticed institutions had been increasing their positions in storage stocks for three consecutive quarters. That was the solid confirmation signal. At that point, I finally went all in with a big position.
I’m still holding onto those storage stocks to this day.
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