Xiaobai and Warren Buffett s friends The secret of the short position

Mondo Finance Updated on 2024-01-31

Xiaobai, a newcomer to the **, always wants to get rich overnight. One day, he met the legendary stock god Warren Buffett's friend - Lao Li. Lao Li said mysteriously to Xiaobai: "Young people, if you want to survive for a long time in **, you must learn to empty positions." Xiaobai looked confused: "What?."Short position?Isn't that just taking all the money out?Lao Li smiled silently.

The story unfolds: Lao Li begins to tell about his experience with Warren Buffett. Once, Warren Buffett told him a story: a trader who didn't know how to take short positions went bankrupt because his positions were full when the market plummeted, and he had no choice but to start over. Lao Li sighed: "The empty position is not simply to withdraw money, but to learn to wait and see the right time before making a move." ”

Reveal the answer: After hearing this, Xiaobai was thoughtful, and suddenly remembered Warren Buffett's famous words: "A gentleman hides his weapon and waits for the time to move." He understood that the original short position was to calm down, not be trapped by profit and loss, and truly understand the essence of the market and trading.

High-quality author list End comment: The trading market is like a battlefield, and short positions are not only a strategy, but also a mentality. Only when you know how to empty positions can you be comfortable in the best and become a real winner.

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