Let me give you an example. Buffett holds a large number of stocks in prime time and invests for a long time. He usually doesn't care about the short-term ups and downs of individual stocks. A few years later, there was a big bull market in the stock market, and Buffett emptied all the stocks in the quantum fund he controlled. By then, Buffett can not only share the dividends of listed companies, but also earn rich returns in the stock market. This operation saves worry and effort. Why can't you like the bear market?
In the A-share market, there are three kinds of people. One is the top investor, who only operates a few times in his life, waiting for the opportunity to invest, and likes to pick up bargains in the bear market. Second, the bull market is coming. They know it's called a bull market, and they also know that they need to retreat in time. The ability of these people to hunt for the bottom or escape from the top is relatively low, but at least they can make money.
The third kind of people are some investors. At the bottom of the bear market, you dare not lick the blood, but you have to cut the meat and clear the warehouse. When the stock index reverses, they dare not chase up and buy, and at the top of the real bull market, they desperately want to be catchers. There are also some investors who like to exchange shares frequently, chasing up and down, and have chips in their hands every day all year round, for fear of missing a bull market, but the result is heavy losses and nothing.
Remember, in the stock market, opportunities will disappear and risks will rise. Opportunities in life don't come every day, but only once in a lifetime. If you play games frequently in the stock market, you can only end up with the ending of "how many wars there are in ancient times, one will be exhausted". I like the big bear market, buy when the stock falls out of value, and sell the big bull market in the high valuation range, so as to truly "abandon me and take it". This is the great wisdom of stock trading and the only way to change their fate in the stock market.
There are misunderstandings and wrong ideas.
In A shares, no one likes a bear market unless they are completely short. Obviously, in a market that can only make money by rising, a strong market can maximize its income. There are experts in short selling abroad, and the environment is different, which is not suitable for A shares.
It's not that the bear market can't make money, but it needs another trading model, which is just more troublesome. Small funds can be used easily, and large funds are a bit difficult. It is not easy to get in and out, so the operation of large funds is the most annoying thing in a bear market. It is not worth wasting your life for that little money.
Why do good investors often prefer to invest in a bear market, often get a better return on investment in a bear market, and often stand out in a bear market? In fact, there is a certain truth. The following explains the truth of the last sentence.
Top investors have often formed a complete trading system, and the analysis of the rhythm of individual stocks and the tactics of bookmakers are relatively perfect. According to their own complete trading system, they can find out the obvious operating rhythm of the dealer in the case of a market decline, because the rising rhythm of individual stocks is not driven by the market rise, but the rise in the process of decline is the behavior of the dealer, so that their trading system analysis is complete and will not be misled by the market rise.
In a bear market, it is relatively simple to choose stocks and sectors. In the bull market, a hundred flowers blossom and all sectors rise, depending on which sector and which stock will rise, but in the bear market, the rising sectors are relatively simple, and the choice of strong stocks is also relatively simple. For example, 17, most of the stocks in the market have gone down, but the single strong market sector is mainly concentrated in blue chips and white horses. /kloc-in 0/8, the market was mainly concentrated in chips and 5G sectors, so in the bear market, the stock of funds was a game of chess, and the funds were often kept warm, and the sectors rose singly. The selection of individual stocks is relatively simple, but the general rise is difficult and complicated.
In the bull market, when the market generally rises, the plates rotate very fast, and new plates are in a strong state every day, often dozens of plates rotate once. However, in a bear market, the rising time lasts for a long time, ranging from a few months to nearly a year. Therefore, strong stocks are often more prominent in the bear market, and every callback is a buying point. The market tends to show obvious polarization, with the downward trend falling all the way, and the upward trend continues to rise after each step. Therefore, in a bull market, the plate rises quickly and lasts for a short time, while in a bear market, the strong ones rise slowly and last for a long time, and the rhythm of individual stocks is relatively easy to grasp, so it is relatively simple to choose strong stocks.
This need varies from person to person. I remember that twenty years ago, there was a stock market expert in Shanghai, who was called "Niu Xiong". I thought it was incredible at the time. Later, I was tempered in the stock market, so some people can understand the success of this master.
Looking back at the Shanghai and Shenzhen stock markets of 20 19, the increase was the second in the global stock market; The total market value of Shanghai and Shenzhen stock markets soared by nearly 16 trillion, and the average shareholder earned 654.38+10,000. Investors made profits everywhere 100%, and I made a turnaround. The reason is to choose a bull stock with the second highest increase in Shanghai and Shenzhen stock markets. Thanks to the "structural bull market".
Shanghai and Shenzhen stock markets are 20 19, although the increase is limited; However, the Growth Enterprise Market is leading all the way, showing a pattern of "deep strength and weak Shanghai". 20 19, Shanghai Composite Index rose by 22.3%, Shenzhen Component Index rose by 44.08%, and Growth Enterprise Market Index rose by 43.79%.
Even in this context, there are still many stocks whose share price of 20 19 is lower than that of 20 18. It can be seen that there are both bull stocks and bear stocks in today's securities market; It is not necessarily related to the index of Shanghai and Shenzhen stock markets. Although all investors like bull market, under the current market conditions, the "box shock" with limited increase is a good opportunity to earn.
Excellent investors, their stock picking ability is far stronger than that of ordinary investors; So the probability of success is higher. According to my experience and actual investment situation, the probability of success of old investors is greater than that of failure. Believe that mature investors, the probability of their profit in the "structural bull market" is undoubtedly much higher than that of American grassroots investors.
But if it is a unilateral decline, I believe all investors can't make a profit. However, unless "stock index futures" can be operated, securities companies need a lot of money as the threshold of "stock index futures" business. And "stock index futures" is very risky.
Because top investors are people who like to "hide money" and other opportunities, the bear market is a peanut era for them. Many "cheap" prices that are impossible to see at the beginning of a bull market or even a bear market will appear one by one at the end of the bear market. Can you not like it? ? For example, if you want to buy a BMW X5, the usual price is 800,000-1 million yuan. Now that the economy is depressed, the crazy promotion will be 300,000-400,000. Do you think you are happy? Because X5 is still X5, but the price is much cheaper! !
For the stock at the end of the bear market, a good company is still a good company, but the stock price is not sky-high or even high, but very "cheap"! So for top investors, the bear market is the best time to turn cash into chips, because you can get more and more valuable shares than before! The top investors in the world are all people with 10 years or more investment experience. They have often experienced two or three rounds of large-scale complete bear market and bull market, so they understand that chips bought in bear market can often get very big profits in bull market. The biggest iron law of the stock market is that every bear must have a cow, and every big bear market is followed by a big bull market! Therefore, the bear market is to give investors with capital a chance to overtake or even set foot on another level of wealth! !
But for ordinary investors, they often spend all their money in the middle or even the early stage of the bear market, and at the end of the bear market, it is also the most horrible time to choose Man Cang to die! The result is Man Cang, so deep that even bears can't stand the long journey, so they choose to cut meat! Understand that the right investment is to do the right thing in the right cycle. The bear market is not a place to make money for you, but a time to pick up cheap and high-quality chips, while the bull market only thinks that the bull market is a time to sell on rallies and make profits, not to buy more for you! Large-scale bear market doesn't come often, so come and cherish it! !
After reading it for a long time, Zhang said Zhang was right and Wang said Wang was right. None of them got to the point. If any stock is not pushed up in the bull market, it will be pushed up. Even if any stock trader cajoles you, he won't cut the meat. It's not easy to get low-priced chips, is it? Bear market is easy to handle, no matter what happens, surrender will not be surrendered, anyway, are you afraid of another thunder? Surrender! Cut the meat! Hand over your chips. Those who chop hands after death are all rhetoric. Temptation is unbearable for anyone, right? Have you seen which one is your business? I've seen too much. Welcome to catch up and kill when you come. Give me something sweet, a fart, two thunder, no more king fried, forget it, cut! You said it was interesting. There is no difference between bull stocks and bear stocks. Bear market doesn't cut meat, and without abundant funds, it will slowly lower the price. Everyone else is in full swing in the bull market, can't you move? If you want money, the more you grind, the more no one will play with you. At this time, you don't have enough money. Go and borrow money. At this time, the mentality is not as good as that of retail investors, but if it fails, the consequences will be serious. Generally speaking, a bear market for stocks and funds is easier to do than a bull market. To put it simply, every stock is made by Zhuang, and retail investors are always with Zhuang, and the stock price is carried up by money. The higher the stock price, the imbalance between income and expenditure. You said that standing at that high point is not afraid of retail investors, but even more afraid of bookmakers. Then you have to ask, isn't Maotai 1 thousands? If you don't need to pay dividends according to market value, it is not as good as the bank's interest rate. Let them go to the heights to enjoy the cool.
In the financial market, why do real top investors like bear markets? A veritable top investor, will he really like the bear market? He doesn't like bull market, is it just to show his skills in bear market? Prove to the market and other investors that he is the so-called master? I don't think so!
As long as an investor walks in the financial market, whether it is operating stocks, funds, foreign exchange, gold or futures, whether it is an investment expert, master or trader, everyone's purpose is the same, that is, to make profits in the market and maximize profits. Since it is to maximize profits, it is obviously easier to operate in a bull market. Who's got a problem with money? Top investors who boast that they like bear markets, are you sure you are really a top investor? Don't they deliberately make shocking remarks to attract people or fans?
An investor who has walked in the stock market for many years knows a simple basic truth, that is, seeing is believing. If it doesn't happen, it doesn't exist. We need to be cautious about the trend of individual stocks we have seen, not to mention that they have not yet come out. By the same token, the so-called "masters", "experts", "masters" and "top masters" just made some remarks through the media. What does this mean? Who dares to boldly expose their stock delivery orders for the past year or half a year? Everyone believes it. At the same time, is there a lack of rationality among some adults?
Take the stock market as an example. As a top investor in the stock market, will he really like the bear market? I don't think so!
In the secondary stock market, I believe everyone has heard of the "28 Law". This "28 law" is about the basic situation of the profit and loss of all investors in the stock market, but one thing is that it is a whole and comprehensive data, not a single data. In other words, it is not a portrayal of the bull market or the bear market. No matter how big the bear market is, there are also crazy stocks and people who make big profits; No matter how big the bull market is, some stocks are still losing ground, and some people suffer big losses. Then the question comes, top investment experts, why do they like bear markets?
As we all know, bull markets are immortals, and it is indeed a persistent bear market that can widen the income gap of investors. However, if you are a real master, isn't it more like taking something out of your pocket to make money in a bull market? Instead of big meals, I like to eat roadside stalls. Is the master's way of thinking different everywhere? You know, this is to make money in the market, not for a change of food, a profit and a loss, and the figures generated in the middle are not just numbers, but real money.
Any country in the world, as long as there is interest, there will always be a group of people who make money by packaging. Put on a suit and vest, and he immediately changed from a "dog remnant" to Tony. He may not even have a college diploma in his hand, and he was immediately praised as a master of well-known universities. For ordinary investors, I am afraid that when they hear their carefully written and recorded remarks, they are immediately intimidated by him.
In the stock market, I don't deny that there are many experts, even top experts, but real experts are busy making money, spending time with their families and enjoying life. Who will spend a lot of time recording videos, doing publicity, offering courses and attracting people into the group? Since the motive is not pure and the purpose is not pure, will what he said be true? What is the gold content of his title of "Top Master"? Walking in the stock market, it is not enough to keep a clear head. We must also be vigilant at all times. In the face of the shocking remarks of the "pseudo-master", we just let it go, but we must not go too far.
In their eyes, the real masters and top masters in the stock market have long been free from the shackles of bulls and bears, and some are only the speed and amount of profit. The reason why they can laugh at the stock market is not only technology, but also the vows made in those years, even those years of hunger and cold.
I agree with this sentence!
Many people say that A-shares make money by bull market, because China stock market is short and bear market is long, and bear market seldom makes money. Every bull market is vigorous, so it is especially important to cherish it when it comes, because it is hard to come by!
Tian Tan believes that although China A shares have a long bear market every time, there are many different types of bull stocks in each bear market. Take the sub-IPO as an example, in the band rebound market after each bear market crash, the sub-IPO mostly acts as a deep charge.
In addition, even if there is no new stock market, the leading enterprises that consume white horses have also played an important role in the bear market, such as Kweichow Moutai, Midea Group, Gree Electric, Yili, Hengrui Pharmaceutical and so on.
If you only rely on the bull market to make money, it means that your thinking is relatively simple and the dimension of thinking is not wide enough. Graham once said: investment can't be just a hammer; It means that you should not only know one investment method, but also learn to deal with different types of markets by different means, especially for A shares.
Therefore, investors who can adapt to different markets should be top-notch, and the essence of top-notch is that their ability is not single. To put it bluntly, top investors don't pick the market!
Real top investors, who have experienced several rounds of bull-bear conversion, can calmly cope with bull and bear markets. Relatively speaking, bear market opportunities are often crowded with funds, and there will be local stages. The bull market of individual stocks may have a clear goal, and they are all hot fans, so it is easy to choose individual stocks.
Bear market is not suitable for large-scale operation, the underlying stocks are limited, and most of them are mainly down or consolidation. There are fewer opportunities for investment to get positive returns, and you can only accept small funds to fight. Institutions and large-scale hot money can only get staged investment opportunities, and it is difficult to get positive returns in most cases. Top investors don't like bear markets either, because there are not many chances to win. The market is in a bad mood and there are not many opportunities to connect the board. Just pull the daily limit a little, and the ambush will flock out.
However, there are indeed some stocks out of the demon, such as Guizhou Gas. Major shareholders can't die if they reduce their holdings, and the exchange closes the cabin. A few days later, they were resurrected with blood. But after all, this is only an individual opportunity, and large funds cannot be allocated. There are not many opportunities in the market or individual stocks. As long as it is pulled up, someone will ship it, so it is rare for top investors who prefer a bear market. Because there are too few opportunities and a little carelessness, individual stocks may be trapped.
And the bull market arachis duranensis. The difficulty of stock selection is small, and the overall market trend is positive. Choose a good industry, as long as you have a heavy position, please hehe, because the bull market never traps people. Even if the stock is wrong, as long as it can maintain its strength. After the industry rises, all sectors will rotate because the valuation will increase.
Therefore, everyone in the bull market is a stock god, and the bear market is mainly to wait and see. Masters are afraid of big rises and like big falls, because falling is an opportunity to pick up good stocks. And the risk of a big rise is revealed. Top experts can cope with anything in a bull market or a bear market, but there are more opportunities in a bull market, such as linked stocks, word boards, doubled stocks and demon stocks.
Because the bear market has plenty of time and opportunities to lay out.
A bull market is usually not the time for top investors to spend money, but the time to cash out. When people invest money in their favorite code in a bear market, they will have a bumper harvest in a bull market. Who is death? It is the retail capital that poured in crazily in the middle and late period of the bull market, which is often called cutting leeks.
Generally speaking, the market is a short bull and a long bear, but the bear market always has cycles and technical indicators change. Looking for goals and sowing at the bottom is the harvest season when the bull market is in full swing.
In 20 15, the technical indicators peaked, but stubborn trend leaders and retail investors who don't understand technology still believe that this will be the beginning of a bull market, and we will have a long bull market for several years. However, after 5 178, sadness was everywhere in a blink of an eye. After the continuous limit, many people thought that the rebound would usher in the opportunity to leave. As a result, the blown market is almost desperate, and many people can't run away if they want to. From the high point to 2440 points last year, many stocks fell by half, and the market value shrank by 70% to 80%. The worst market value of 40 billion fell to 2.5 billion. The distress of investors can be imagined.
It is this kind of despair that keeps the shares from selling, and it is also the time for top investors to sell. They think this is the best investment opportunity. Because when the retail turnover is the lowest, it is the bottom area of the market. On the contrary, when the activity of retail investors has hit record highs, it is basically the time for top investors to cash out.