Today, the market is turbulent, and CSI Environmental Protection is still an upward trend. There is also the military industry mentioned last Friday, which is also relatively strong.
The current market belongs to the stock game, most people have been lying flat, software do not want to see, belongs to the emotional low. The major industry indexes have basically stabilized, and there are signs of sideways momentum.
At this time, the active and promising people will have the future.
Today is a bit busy, next, share an old article.
Why is it that after the end of the college entrance examination every year, the most concerned is always the essay topics of the provinces?
In the full score of 750, the full score of the essay is only 60, and the composition score of the vast majority of people is around 45, and the difference in the score of everyone's essay may not exceed the multiple choice question. To be fair, the composition does not have much influence on the final result of the college entrance examination.
The reason why people pay attention to the annual essay topic, rather than the final question of mathematics or science, is only because the essay is the only topic in the college entrance examination that the public can think they can understand, and everyone can speak two sentences, which can have a sense of existence.
In investment, there are many similar phenomena.
For example, the financial media likes to talk about the inflow and outflow of northbound funds, not because it really has much practical significance, but because the public can understand it.
For another example, people who have heard a few words of price investment theory prefer to use dividend yield indicators. In fact, if the future growth of the enterprise is worrying, dividends are difficult to sustain. Maybe they don't know, but they don't know how to analyze the enterprise, so they have to look at some static and mechanical indicators and carve a boat for a sword.
Others are flustered when they see shareholders reducing their holdings, happy when they see their holdings increased; or say that falling below the issue price is a rare opportunity, and so on.
But with the exception of some of the occasional mention in the brick house's books, these so-called methods have never been seen in the books of the investment masters.
A true master focuses only on the nature of investment, i.e. the trend of stock prices and the fundamentals of the company. And these two, for most people are not easy, it takes many years of learning and practice to slowly understand some doorways.
In the "Fifth Cultivation", the story of a drunkard looking for the key is told, which can be seen as a foreign version of "carving a boat and seeking a sword".
It is said that one night, a man searched under the street lamp and muttered to himself. A curious person went up to see what was going on, and found that the man was drunk, and he inquired hard to find that he had been looking for the key here.
So there's this interesting question and answer:
"Are you sure your keys were dropped in this place?" Why not look elsewhere?"
"I'm not going anywhere, I'm going to look for it here!"
"Why?"
"Because... No street lights anywhere else!"
The logic followed by many people is the same as that of drunks: the reason why they choose a solution without thinking, and they are full of ambition to implement a certain initiative, not because it is effective, but because it is the most direct, the simplest, the easiest to understand.
And those people are inaccessible, and it is often the real key that can be found. A game of chess that is not a headache is not worth playing, and a book that is not difficult to nibble is not worth reading.
Investment also needs to start from difficulties.
Good night~
Author: Cloth Shusheng Self-media: Compound Interest Life