“The Mindset of Major Players: Japan’s ‘God of Retail Investors’ CIS Exits Semiconductor Holdings, Declares Late Arrival in Ethereum Calls”
Japan’s “God of Retail Investors” Cis Claims One Tweet Can Move the Nikkei Index
Cis (real name: Mori Takayoshi), born in 1979, is a renowned stock trader in Japan. His famous work, “The Mind of the Main Force: Japan’s God of Retail Investors Cis, Can Move the Nikkei Index with One Tweet,” highlights his trading philosophy. In 2013, Cis’s trading volume reached an astonishing $14 billion. His individual trading volume accounted for 0.5% of the total retail stock trading volume on the Tokyo Stock Exchange for the entire year.
With a Twitter following of 696,000, he claims that one tweet can sway the Nikkei Index. His trading style includes identifying system errors, and he is well-known for his notable trade in 2005 involving J-Com, a prominent player in Japan’s communications industry, where a stock priced at 610,000 yen was mistakenly entered as 1 yen per share, leading Cis to buy heavily and profit 600 million yen. In 2018, he exploited a loophole in the exchange to buy large amounts of automatically stop-lossed Bitcoin.
Japan’s Stock Guru Exits Semiconductors and Goes Long on Ethereum
Cis’s trading style is trend-following; he believes that if an asset is continuously rising, it will continue to rise, and if it is continuously falling, it will continue to fall. Today, he revealed on Twitter that he had liquidated all his semiconductor holdings last Thursday, and yesterday he stated, “I couldn’t hold back anymore; I finally bought Ethereum!” He mentioned that he felt a bit late to the party and added that his average purchase price for Ethereum was 668,000 yen (approximately $4,520).
However, from the charts, it appears that Cis called the peak just as it was starting to decline, with a subsequent drop of 7.4% after his announcement. He humorously remarked that the profits he made from stocks have all contributed to Ethereum.
Risk Warning
Investing in cryptocurrencies carries a high risk, and their prices can be extremely volatile; you may lose all your principal. Please evaluate risks carefully.
