asics mens running shoes-History is a mirror ( reproduced , but the National Day )

market conditions now are very good, caring investment, interest and stock market people will be more. In fact spiked christian louboutin pumps, from the perspective of wealth, everyone's life, especially in a responsible life, is to go through four stages, one stage of wealth, the second is the preservation stage, the three value-added stages, four of wealth transfer. The view from a large variety of investment, art, antiques, paintings, lots of good houses, good business is to increase the value of the shares, the focus here to talk about the stock investment issues.

We can now say that the whole stock into the market everyone wants to make money, but the review of capital market history, history as a mirror to look at investment market experienced things, may be able to give you some inspiration: the United States, one, two hundred years of history, the most successful investor is Warren Buffett, but one, two hundred years of history, the vast majority Buffett has taken a completely different mode of investment, such as looking graphics, listen to the message, see the software, with the village and so on. In the long course of years, so that almost no successful investors, including Gann, Lee Buddha Mo, Eliot asics mens running shoes, Granville, Wilde, etc., including in China, PLAY Delong, and finally do not have good results. The reason this kind of transaction is a typical zero-sum game zero-sum game, in the short term, there is the possibility of making money in the long run, tends to zero's.

investors if the investment can really learn from history, then you understand the history of real wealth management, investment real success does not come from trade (transaction), but from on the investor (investment). But we come into contact with the vast majority of information are encouraged investors to do business, to win the short-term, band benefits. I understand, whether it is at any stage, any historical period, or even any country, the real success of the investment, it must be from one of the most logical, closest to the theoretical guidance of truth, in fact, value investing, that is looking for the real thing over The value of things, as much as possible to have it, along with its growth. Why is the practical application of value investing very few people do it? Mostly easier, you need patience lonely, lonely, resist the temptation to really do need a belief in the value of certain investments, and even that is faith, and resolute efforts.

I want to tell you that a few real investment story, I know a Southern friend, he was just a very ordinary ground crew, wages are not high, but from nine the early 1980s, has insisted on buying a stock, has been bought ten years, now has close to twenty million or so market value, he bought is the deep development, the development of both depth is 60 yuan, or $ 6, as long as the money to spare, firmly on the buy. Another example is the 2004 shareholders' meeting I attended Vanke, sitting next to me in a very humble people. At that meeting of shareholders, I know, he is the biggest shareholders of tradable shares Vanke YS Liu, from the early nineties a total investment of more than 400 million, has held the last ten years, and now the market has reached one billion yuan more than the.

I want to tell you these two stories, in fact, our planet's rich, is to do investment. Have a statistical data, the global assets of more than $ 1 million households, the average holding period of more than five years is probably accounted for more than 60% radii thriller sneakers, while the family assets of more than billion yuan, the average holding period of more than 10 years accounted for 70 % or more, we are familiar with Bill Gates, Warren Buffett, Li Ka-shing, Lee Shau Kee, these richest class people, that does not hold their own company shares over the decades it? I remember some time ago I read an entertainment news about Zhang Ziyi's latest boyfriend is a U.S. Time Warner's largest individual shareholder, others regarded it as entertainment news, one saw it, but as investors, the largest individual shareholders, gave me too much influence, imagine we see the Forbes 500 richest people worldwide, China's 500 richest people, which is not his company's largest shareholders do, remember to Gates and Buffett special dialogue program, there is such a word, Of course, as ordinary people we do not have so much money has that much equity, but to each their own limited financial resources, how can we have a few people really willing to put their money into their own very good company that has been long to hold, share of enterprises to grow up?

Some people say that the big bull market, many years to up to up the number of times, perhaps many people in the market through the past two years, earned four times, eight times or even more than several times, but the bull market after the outcome is what, a few people know? Here I tell you another true story, the story's hero is now Shanghai general manager of a fund management company. She is originally from China Taiwan region's stock market began to enter more than 1000 points, has done 10000, rolled money market 500,000 80 million, in fact, when she was at 10,000 points, put all the stock thrown, hand grip Some full of cash. Fear of the stock market is too crazy, so she is still relatively rational, and finally washed on the Taiwan stock market above 12,000, more than three years added a 160-fold, but the final outcome is still badly in the Taiwan stock market fell by 12,000 points 7000 points, has fallen by more than 5,000 points, and stands to reason that the rebound of the bar, she went, the stock has fallen 5,000 points, she had all the indemnities clearance, three years of the wealth they are reduced to ashes. The property of their reason, an objective that she was very smart, but why later admitted, she thought it was time to share their God, and can control the stock market, stock market, but it is her super-ATMs. Here, I advise you, and now the stock market is good, future stock market may be better, but a sober look at how the stock market, how we perceive ourselves is an eternal topic.

as a real investor, we are not smarter than our predecessors, more diligent, more thoughtful. Many previous lessons are worth a good draw. Real investment success has to do with our commitment to invest in companies related to our parents, grandparents than we might have to work hard, but they do not have a good background to allow them to invest, if placed over the years, We may also be true. Therefore, as investors we are very fortunate to have such a good time. More importantly, there are good companies allow us to invest. Finally, I would like to use the famous German mathematician, philosopher Goethe passage as the end: no matter how high a person's talent, want to get some really important, really durable performance, the temptation of the outside world must remain sober-minded, and never slack to work hard, cheered by the crowd, the mysterious inspiration or dishonest means simply can not do.