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A Rose in Time Readings (20200706 - 20200719)
? Nine years after graduation from college, mixed game industry workplace seven years, entrepreneurial small catering failure history of two years, people to middle age, thinking about how in the end they should live this life, but nothing, once he was also a top student in learning, why the life walked into the current this way. There is no answer, yes, no answer. It is their own stagnant learning ability for many years, from the beginning of a few taels of broken silver running around, fell into a false effort not to make progress in the misunderstanding.

Recently, after reading Dan Bin's "The Rose of Time", I was y impressed by his concept of value investing, stocks are held in the family heritage goal, not to mention our own life stock, if there is no kind of big pattern, only for the current small profits obsessed with, I'm afraid to go bad this life. A little inattention, their own life stock will develop into a garbage stock, and finally delisted. Not to mention the leading stocks, just rushing white horse stocks, everything should run to the big picture view, can not be a momentary gain or loss of deep into it, to improve their valuation, in order to go strong in the long term.

? After reading TAN's "Rose of Time"? , for me this year in early March into the stock market small leek, benefit greatly. The most direct, after watching, silently look at the Poly stock, calculate the valuation, look at the current share price, not expensive, into a few hands, ready to hold long-term, value investment view, then. Then looked at Maotai, shocked, one thousand seven, silently shut down, or wait for the opportunity to save some money, buy a few bottles of Maotai collection, after a few decades will be given to the grandchildren, as the family assets it.

? Joking? Over, say a few serious. First, the understanding of Maotai, indeed from but always here have a deeper understanding. I never thought before, through a liquor stock, see a inheritance of thousands of years of cultural precipitation. If there is even a little bit of this kind of awareness, I think even if I don't know about stocks, I will buy Maotai stock very early and hold it for a long time. Second, looking for stocks, looking for enterprises, we have to look for good, high-quality. Look for the leader, just the first, not the second. Then believe in it, hold it, and don't sell unless it goes bad. Third, choose the enterprise, to see its historical performance is consistently good, there is a deep and wide moat, there are barriers to competition, preferably non-government regulated monopoly type. There are also business leaders which must be honest, even if they are lords. Fourth, about holding stocks, but always Warren Buffett loyal fans, yes, is that, if you are not willing to hold a stock for ten years, then you do not even have ten minutes. Consistently buy it and put it away for a long time. Fifth, about stock investment, it is best to look at as an asset inheritance, the stock is not owned by you alone, it is also the family's assets.

? Although I currently can not do the stock as an asset inheritance generally hold, but will learn from the book off, to avoid themselves to care about some short-term fluctuations and affect the mood. Looking at the business behind the stock, as long as the good business hasn't changed, then it will continue to grow. Also from the big picture, hold a firm trust in their own country, optimistic about their own life for many years of the motherland's fortunes will be red-hot. A person who is not optimistic about his country's national fortunes cannot be involved in stocks...? Finally, spit it out, but always have too many hobbies and like things too deep. I and other white people secretly resolved to read more, less vain.