According to BlockBeats, on July 5th, Leto Bao, the protagonist of the "ByteDance stock trading 30 million yuan" story, recounted his US stock investment experience on Binance Square, stating that investments should begin as early as possible and funds should be allocated to relevant assets as early as possible.
Leto Bao believes that many jobs and positions will be affected by AI in the future. Therefore, if ordinary people want to hedge against the risk of being replaced by AI, they can consider investing in AI-related companies.
Leto Bao, a former employee of ByteDance, is known as "ByteDance Stock Investor." He reportedly made a substantial profit of approximately 30 million RMB through investments in the AI storage sector in the US stock market before resigning. The story began when he noticed an unusual price surge when buying hard drives on Pinduoduo, which prompted him to research data storage needs and heavily invest in related stocks.