Everything seems so gloomy.
Even for China's economy, some people are pessimistic that 20 19 may be the worst year in the past decade, but it is the best year in the next decade.
However, we still hope it is good.
Just as Luo Pang said in his speech on New Year's Eve, our ancestors are buried here, our blood is rooted here, our youth is here, and we will die here, except looking forward to it, believing that it is good. What better way can we do? "
In essence, the investment we have made enjoys the sustained development of the national economy.
As Buffett reminded: No one can succeed by shorting his own country. Why did he say that? This does not mean patriotism, but that everyone's success is to share a dividend. All the dividends in our life actually come from the continuous development of the national economy.
20 19, no matter what the final result is, we are looking forward to it and believe it is good.
This belief, this expectation, is more emotional. For investment, we need rationality.
Let's be a rational optimist together!
Rational optimism needs not only optimism, but also rationality, especially in the investment field, especially in the case of mud and sand, which is more reflected in independent thinking.
After all, only we can be responsible for our hard-earned money.
Here, let's review Buffett's minimalist definition of investment:
When each of us walked into the trading hall, we were so full of hope and longing.
To be exact, it is expected that the shorter the time, the better, so it has become chasing up and killing down.
The idea of getting more money back has gradually become, return to nature, return to nature.
What has changed us?
The trading hall teaches us to grow up.
But often a generation of new people change old people, and leeks are one after another.
Many people, walking, really dispersed, never to be seen again.
No wonder, in the stock market, a sentence that I am still here after a rough ride will seem so weighty.
No wonder the old bus has been talking about value investment for so many years, and it is still a niche.
Practice Buffett's
That's why it's so difficult.
Behind it is really naked human nature.
The weakness of human nature will be reflected incisively and vividly at this time.
Have you followed the human investment method?
Actually, there is.
But this is not easy, because there is only one brave person in the world who still loves life after seeing through the cruel truth of the world.
Obeying human nature is to find cheap, that is, to be good and cheap.
This is a normal idea when we buy other things.
Really treat stocks as part of a normal company. Of course, we will expect it to be as cheap as possible. After all, the company will have more output.
The cheaper you buy, the normal output in the future, which is quite profitable for us.
Is it easy?
It is still not easy, because the future output of the company depends on our own judgment.
It depends on how well we know this ladle. If we don't know this ladle, it doesn't belong to us in essence.
Lao Ba said that the ability circle is very important. People who know the boundary of their own ability circle will benefit more than those who have great ability but don't know the boundary of their own ability.
I think this is a wonderful explanation for this phenomenon.
Minimalist investment is simply an idea, a simple idea based on the ability circle.
To put it bluntly, minimalist investment is two words: comparison.
Why, if you only know two ways to invest.
Deposit the bank and Yu 'ebao.
If you compare it, it seems that the income of Yu 'ebao is higher than that of the deposit bank.
Then you don't want to put the money in the bank anyway. It is your best choice to put it in Yu 'ebao.
Slowly, you know about index funds, option stocks, bitcoin, real estate and futures.
The more choices you have and the more objects you can compare with, the more confused you will become.
What should I do?
Filter out the best choice and the second best choice that you are sure of.
Still: comparison.
Choose the maximum value within your ability.
I believe this comparison has appeared many times in your life. What you need to do is to invest.
That's all.
Is that all you got to say
It seems to be coming soon.
What about those who haven't entered my ability circle?
Study and practice until it becomes your ability circle.
When the sun arches, it comes unexpectedly.
* * * Encourage.
If you think the above words are helpful to you, maybe you are interested in reading the following article.
Speculation and investment
The real rules of the stock market
The true meaning of stock investment
Why does Buffett never buy the index funds he recommends?
Why does Ba value ROE so much?
The last part of the theory of ten-minute speed reading financial report
The last part of the minimalist stock introduction course
20 18 has passed and I miss it very much.