This thing is actually very simple, because many people used to be superstitious about some so-called star fund managers, thinking that as long as they invest with such fund managers, they will definitely eat meat, but now the market has educated these people and made them realize how naive they are.

I remember that during the bear market, almost no one paid attention to the market, let alone bought funds, but when the bull market came, many people who had never been exposed to investment felt that they could make some money in this bull market. Now these people finally realize the reality that the market does not make money for these people.

What's the news

I won't mention the names of several funds here, nor the codes. Let me talk about the fund managers of these two stars. Many people have heard of these two star fund managers, and some even held so-called support meetings for these two private fund managers before. As an established investor, when I saw this news, I almost wanted to laugh, because I think investors now don't take investment seriously at all. In other words, many post-90 s and post-90 s are participating in the investment market for the first time, and their attitude towards investment is so frivolous that losses will inevitably occur. At present, the funds managed by these two fund managers have set a record for the largest withdrawal, and some people are particularly panicked. I don't know what information this shows.

What does this tell us?

We can understand that no one can control the market, let alone predict the whole market. The reason why the funds managed by these two star fund managers have retreated so much is because of the crowd effect, because our regular investment partners know that if a star fund manager is too hot, it is not a good thing. Too hot means there will be a lot of junk assets, and these junk assets are all invested by these new leeks. The so-called follow-up investment on the Internet is not a good thing. Many people who have no investment consciousness at all may not really participate in this investment market in 10 years. At least according to their current mentality, investment is not a suitable thing for them.

Some people will follow suit and invest in some online celebrity funds.

I don't understand this point even more. A fund is already so hot and its valuation is already so high. Why buy such a fund at a high point? It is difficult for me to understand the logic of these investors. Blindly chasing the high and killing the low will only make your losses more and more. A normal investor would never follow suit like this. If a person doesn't even have the ability to think independently, he can hardly make money in the investment market.