I have been investing for more than ten years, you have to ask me how to raise and do a good job in investment, or Wang Yangming's four words, the unity of knowledge and action.
I go, I really can't imagine it, Wang Yangming is really a cow and can't be a cow anymore, why is Wang Yangming so good. It's really amazing, why do so many people worship Wang Yangming, as time goes by, a person understands more and more Wang Yangming's power, when he was young, he didn't feel anything, think about it, why so many people worship Wang Yangming, including Zeng Guofan, Chiang Kai-shek, ** and too many successful people in modern times, all regard Wang Yangming as an idol, or even as a believe.
With the deepening of investment, we can better understand the profound meaning of the word unity of knowledge and action. The unity of knowledge and action can be said to be the highest guiding principle of life, and it is also the most powerful method of success and success.
The unity of knowledge and action can tell us why investment will fail, why life will fail, why entrepreneurship will fail, why family marriage will fail, and why the workplace will fail.
Why life fails. That is, to find the reason from the two aspects of knowledge and action, and failure must come from these two aspects. It is either a matter of thought or action, and action comes from a person's heart and personality, and its practice is not worth doing, but the driving force behind the action.
Why do you know that you can't do it, that's the reason, it's the reason for your personality. If the direction is wrong, the effort will be in vain, and the personality is not right, the direction is in vain, that is, no matter how good your direction is, it is useless, you can't do it, why can't you do it, the personality is not good, the personality is not good.
Defects in character lead to defects in action. Therefore, many people say that excellence is a habit, that is, the cultivation of personality. Self-discipline, diligence, patience, courage, abstinence from greed, etc. This is a very important personality, these personalities can ensure that you are in the right direction, go on, if there is no good personality to ensure that the direction is right, you will not be able to go on. That's it.
The important thing is worth repeating, that is, the direction is not right, and the efforts are in vain.
The personality is wrong, and the direction is in vain.; This is the truth of Wang Yang's unity of knowledge and action.
Used in the field of investment, investment needs two essential elements, one is indispensable, one is knowledge, that is, cognition, also called vision, insight, insight, etc., this is one of the other elements, which determines whether you can find a good investment target.
The second element is the line, the line refers to the personality behind the action that drives the action, that is, one's own character, and whether you can have a good and correct operation in the end, depends on the personality, which includes courage, patience, discipline, anti-greed, etc.
These personalities are the guarantee of the right actions.
Therefore, the unity of knowledge and action is the secret of investment success, and it is also the guarantee of almost everything success in life, work and life.
For example, when starting a business, you need to understand what industry to do, how to do it, how to lead the team, how to develop products and design and marketing, etc., to know that the industry is the most suitable for you and the most promising.
Then, can this be done, there is still 50 percent, at least, the other 50 percent comes from personality, after the real end, it will be difficult, the ability to resist pressure, diligent habits, team leadership, communication skills, courage and perseverance, etc., these things are really to the level of knowledge and action need to do the action, these actions will not be deformed, directly depends on a person's personality.
Another striking example is fishing, in fact, many people know where the big fish may appear, the problem is that it is not enough to know, you also have to be patient and courageous.
That is, knowing and acting, patience and courage are the guarantee of behavior.
Without patience and courage, you just know that there are fish and you can't catch them. Because patience guarantees your waiting, and courage dictates that you may need to enter shark-infested waters.
That's the reason, why, The Japanese commander of the First Sino-Japanese War wore a sign that he bowed down to the sun all his life in his waist, and that's the reason.
Let's briefly talk about the company in Songcheng, this company actually still has a certain space for development, because after all, his performing arts projects can still be copied to more cities, and then, the eternal love also has a certain brand influence, the problem is that it is difficult to form repeated consumption, which is a bit similar to theme parks, etc., and the waste incineration power station has certain similarities, as long as the park is to that pestle, there is no worry about no idlers to play, just like the Datang Cultural Park in Xi'an, although the consumption power of the middle class is declining, However, after the decline in the mass consumption of houses and cars, people's consumption in terms of entertainment and eating and drinking can still be guaranteed.
So the fundamentals are solid. As for the development space, it has passed the period of rapid development and belongs to the current advantageous enterprises.
The profit model is good, a bit similar to the cinema, but the profit model exceeds the cinema, and compared with the hotel industry, it must be better than the hotel, because the differentiation of the hotel is not strong, and the performance is easy to form differentiated services and repertoire.
It is not easy for competitors to invade and imitate, and it takes time and a lot of investment in fixed assets and talents.
At present, it has a margin of safety, good cash flow, and is an undervalued target with a high earnings rate and low odds that is profitable, but has relatively little space.
Investors need to have good patience to wait for the low point, and at the same time, at the absolute low point, have the courage to hold relatively heavy positions in order to make a profit.
This is the specific application of Wang Yangming's unity of knowledge and action, without patience and courage, no matter how good the target is, it is useless.