Warren Buffett said, "I'm greedy when others are afraid, if you believe it, it's miserable to buy value core stocks in the past three years, and many ** have more than halved!."”
Never admit that you are wrong, the two premises of value investing, one is the margin of safety, and the other is certainty!At the beginning of 2021, I chased high, and at that time it was not fear, it was greed, and it could not be called value investment. When you switch from passive left-hand investing to active left-hand investing, lurking in the bottom area, rather than being excited, chasing higher is the entry.
The direction of A-shares is clear!
It's been 3 years, and the valuation has reached the bottom area, and everyone is not optimistic. Back then, most people just wanted to gamble on the price limit, and they didn't plan to hold it for a long time, but they just comforted themselves with value investment.
*, as stable as Mount Tai held for 3 years, and finally at the lowest point, they will not be able to survive the meat, this is the market cycle, the theme stocks are boiled for 3 months to cut the meat, the value stocks are boiled for 3 years to cut the meat, and the experience of the latter will be worse.
The direction is clear, the valuation return of these ** is for the next ** cycle, which has fallen through, and there is still a 1 2-year chip consolidation period, and it is expected that there will be a main rising wave in 2025, a new round of **. Generally speaking, 5 years is a **cycle, followed by **2 years, and **5 years ......
The process is slow, and finally it can't fall, and the investors on the left have begun, and they are indeed building positions at the bottom, but the main funds are adjusted for 2 years, so that they are also out. Whether you're chasing a rise at a high level, halfway up the mountain**, or a low suck at the bottom, the ending is to leave the market before the main rising wave.
Be ready, history repeats itself
* If you don't cut the meat, the main force won't pull up, that's how it is. History will repeat itself, there is a high probability that there will be a round of ** in the first quarter, and then continue to adjust, bottoming out, **space is small, just wide**, let everyone chase up and down.
It's too early for the big ** to really start, at most**. Style people, away from all performance white horse stocks, they don't need to be speculated, they are hoarding!Hype should be involved in travel funds, themes, hot spots, concepts, etc.
Different trading strategies, different participation, many people say that they like to repeat, the trading system is repetition, but the repetition is always new hot spots, themes, and the repetition of investment is in their own familiarity.
* The trading system created is also repeated, otherwise it is impossible to continue to make profits, most people do not like to repeat, they always use their own principal in innovation, trial and error, enjoy it, and throw off others, the market, the rules and ...... when they lose
Final summary
*Full of anticipation, most people are slowly losing themselves in the market!The bottom area is the most tormented place, and the top area is the best carnival, one is to smash the nest, the other is to lure the nest, the situation is different, and the feeling in the market is different.
As soon as you buy it, it will rise, but it is easy to lose money!Xiaofan's most profitable profits, almost all of them fall as soon as they are bought, and they fall a lot, and they fall for a long time, only people on the left can understand the meaning of this sentence ......
Original code words, please do not plagiarize, carry!Personal opinion is not used as a basis for investment. Thank you for liking and following, so that you will receive the update ...... next time
Investment is risky, and you need to be cautious when entering the market!