Stock Market Reviews | Miao hands are hard to find but seek victory

Shanxi Economic Daily reporter Zhang Rong

The recent A -share trend can be described as riding in the world's major securities markets, and it has been upright, so that shareholders who are depressed in the first half of the year spit out the blocks in their chests. After the low point has established a low point on April 27, it has rebounded from the bottom of about 70%, and has not wanted to stop at all. Those "experts" who have risen to watched and fell on weekdays, at this time, did not dare to break the "rebound" or "reversal"; two months ago, the high position at the market low was cut to 10%of private equity private equity. Investment gangsters are also speechless. The stock market will always be like this. When you fall, you will definitely leave you without hope and leave coldly. For a long time, you will definitely make you feel unlimited and excitedly rushing in. After years of years, when the market can really guide investors to calmly adhere to, when the market is crazy, it is precious.

During the college entrance examination this year, the composition questions in a provincial language test papers allow candidates to enlighten the enlightenment composition of "hand, wonderful hands, and vulgar hands" in Go. Many netizens have expressed their inability to start. In fact, you don’t have to be fooled by this seemingly strong problem. Whether you will go to Go, you can guess it only from the literal meaning: "This hand" should be the first hand of this division. "It is the one that is not a good level, and" wonderful hands "must be a master or excellent hand. In our work, investment, and education, people undoubtedly want to work hard to "wonderful hands" and hope that they can reach the level of "wonderful hands". After the college entrance examination, Go Jie, a Go nationalist, interpreted on his personal social media: Many people are often overwhelmed by parts in the game, set out "false hands", and ignore overall thinking. The players must have a certain accumulation and training on weekdays to make a real "wonderful hand".

Poor Li Changhao once said, "Don't ask for a wonderful hand, but seek victory." This principle is also applicable to all aspects of our lives. In investment, we seem to have listened to the "wonderful hands" of wealthy overnight, but we should slowly "win". Winning rate is an important factor in determining long -term excess returns. According to statistics from researchers, in the standard stock fund, the top 10 funds have rewarded the top 10 in the past five years to calculate their performance. The results showed that the performance of these funds in a single year is sometimes not very outstanding, but their performance every year is not bad, and almost the first 1/2 is maintained. It is based on this steady and steady and step -by -step camp that they can create excellent returns in long -term dimensions. At the end of each year, the market is very concerned about the best annual champion fund in similar products that year, and a large number of investors buy these funds. However, some champion funds often do not continue to perform well in the future. It must be an extraordinary place to be the annual champion fund, but with the short -term performance of one year, it is a decision to follow the trend without in -depth research. In fact, it is irrational investment behavior.

Whether in investment or learning growth, who is not continuously summarizing experience and lessons from the "vulgar" stage, and gradually improves. In the "hand" stage, we can gradually move towards the level of "wonderful hands"? No one can surpass the process. If you just stare at the results and pursue "wonderful hands", you often do not reach the speed, and even the upside down and defeat. Therefore, we should not underestimate the valuable experience contributed by the "vulgar hands". We may wish to maintain more "hand -in -hand" to lay a more stable foundation and pursue longer -term victory. Many investors hope that they can copy the bottom of the bear market, escape at the highest point of the bull market, and rely on accurate time selection and full -warehouse plus leverage to become a "wonderful hand" overnight. However, everyone is envious of the excess returns after the successful investment of the "wonderful hand", but they did not realize the huge risks they need to bear, let alone such a "wonderful hand" operation.

Financial crocodile Soros is a case of "good hand and good hand". In 1992, the sniper pound was successful. He made a lot of money, but then he suffered a huge loss in short Hong Kong. Reliemore, a master of stock trading known as the "king of speculation", is also a model of investing in the "wonderful hand", but he has been quickly switching between wealth and bankruptcy. End of your life in bankruptcy. In fact, the high income accumulated in the middle and long -term investment is often obtained by the "hand". Munger once said, "If I know where I will die, then I will not go there for a lifetime." His meaning is to pay attention to the margin of security and not earn money outside the scope of cognition. Buffett's 50 -year investment career has an average annualized return rate of about 20%. It may look worse than the revenue of some celebrity funds in a single year, but his investment income will not rise and fall, especially in the long run, the yield surpass all all the yields surpass all all all all the yields have surpassed all all all all all the yields have surpassed all all all all all over all. people. The thinking of "winning the hand" made Buffett make steady and became a master of investment in the world. However, it is not easy to invest in a "hand". It needs to be able to bear loneliness. Be careful and advanced in the seemingly dull tricks. Amazon CEO Besos once asked Buffett: "Why your investment system is so simple, but it makes you so richer, but others do not do the same thing as you?" Buffett replied, "Because no one is willing to slowly become rich and get rich slowly ","

Life is like a chess, the first pattern, advanced and retreat, and start and end with caution. Investment that can truly create long -term good returns is not to win the alarming "wonderful hand", but to gain rising in the bull market. In the bear market, it can control retracement and cross bulls to obtain sustainable medium and long -term returns. In the stock market, the speculative mentality of seeking a heart is not available. Behind high returns is often high -risk, and blindly pursuing investment "wonderful hands" may cause huge losses. Learn Buffett, do a good job of investing in the "hand", learn to become rich slowly, and accumulate the victory. In the short term, the investment income may not be very eye -catching, but under the long -term compound profit, it can be better achieved. Investment goals.

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