[Serenity Responds to AI Stock Crash: Portfolio Down 49% in a Single Month, but Long-Term Logic Remains Unchanged] Odaily Planet Daily reports: The "White-Haired Stock God" Serenity posted on the X platform, stating that due to the recent market downturn, his portfolio experienced a maximum drawdown of 49.4% this month. However, he remains steadfast in his view of the long-term trends in the AI industry chain. Serenity revealed that his portfolio is primarily focused on key segments within the AI industry chain, including upstream semiconductors, memory chips, photonics technology, humanoid robotics, and companies related to AI infrastructure. Since these areas typically exhibit higher beta characteristics, he had previously employed leveraged investments but has now reduced leverage following this market decline. In response to market skepticism about AI-related assets, Serenity noted that a significant number of investors have recently begun to believe that "AI is a bubble," "memory chips and the Korean KOSPI market are bubbles," "photonics technology is a bubble," "humanoid robotics will not succeed," and "Neocloud (a new AI cloud service provider) will ultimately be replaced by mega-scale cloud providers like Meta." Additionally, some retail investors and trading bots have even started calling for "selling everything; the market won't recover." Serenity expressed his continued belief that these investment themes are supported by structural revenue growth and technological transformation. He recalled experiencing similar drawdowns during global tariff risk shocks to the market, which eventually rebounded. With a longer investment horizon, he is able to tolerate higher volatility and will not alter his long-term judgment due to short-term price fluctuations. Sharing this drawdown data is part of his commitment to transparency, allowing the market to see the real risks behind high-volatility growth investments. Serenity added: "If my prediction is that the revenue inflection point will arrive in the second half of 2027, and now it's only 2026, then a few weeks or months of decline alone cannot prove that the investment logic has failed.