Speculation..Chasing the rise and killing the fall..
Investment strategy and theory: a growth investment strategy based on value investing. What matters is the quality of individual stocks.
Theoretical explanation: The essence of value investing is that the intrinsic value of high-quality and low-priced stocks will always be reflected in the stock price within a long enough period of time. This characteristic can be used to steadily replicate and grow the principal.
Specific approach: Buy stocks with growth potential but low stock prices and hold them for the long term. The way for long-term investors to get rich is to maintain steady growth every year and use the amazing power of compound rollovers to create wealth for themselves.
Rules and taboos to comply with:
Eight stock selection criteria:
1. Must be a consumer monopoly enterprise
2. Product Simple, easy to understand, promising prospects
3. Has a stable operating history
4. The management is rational, loyal, and puts the interests of shareholders first
5 , Financial stability 6. High operating efficiency and good income
7. Low capital expenditure and abundant free cash flow
8. Reasonable price
Four nos:< /p>
1. Don’t speculate
2. Don’t let the stock market lead you by the nose
3. Don’t buy unfamiliar stocks
4 , It is not advisable to diversify your investment too much
Views on the relationship between the general trend and individual stocks: Only focus on the quality of individual stocks and ignore the general trend.
Opinions on stock market forecasts: The only value of stock market forecasts is for Feng Shui masters to profit from them.
Views on investment tools: Investing is about buying a company, not a stock. Avoid speculation, which is most dangerous when it seems easy. This is what Buffett does