1. Time is precisely the rose of value, not the ripening strawberry. "When the gatekeeper sleeps, you turn around with the storm, and it is the rose of time that grows old in the embrace." This is Bei Dao's poem.

But Mr. Bin is well aware of the risks and returns of investment. He uses value investment as a metaphor for the rose of time and wrote a book of investment tips called "The Rose of Time".

He advocates investing in the right way, insisting on value investment, and being friends with time. The rose of money will bloom with time.

Mr. Zhang Lei, "China's Buffett", is also a value investor.

He is the founder of Hillhouse Capital, from 0 to 500 billion, from 0 to 800 companies, from an unknown small private equity to Asia's largest private equity, from only investing in the secondary market to covering VC, PE, and the secondary market

It only took 15 years for the full-chain investment institution to achieve remarkable results.

"The Rose of Time" says that time is precisely the rose of value, not the ripening strawberry.

"Traveling through the long river of history and growing together with great enterprises" is the foundation for an everlasting business and the compound interest of a long-termist.

The author spends a lot of space in the book describing the value of holding Moutai for a long time. He started buying Moutai at 23 yuan, and went through the darkest moments such as plasticizers, eight regulations, and the 2015 stock market crash, and has persisted until now, with profits

amazing.

However, recently (Securities Times e company news), some media reported that the net value per unit of more than 50 private equity products owned by private equity tycoon Dan Bin has fallen below the traditional warning line of 0.8 yuan, and the net value of another 6 products has fallen below 0.8 yuan.

The traditional stop loss line of 0.7 yuan is set.

In response to this, Dan Bin responded on his real name Weibo: "At present, our products have corresponding risk controls, and the net value is relatively stable. The trading department and I have always been cautious in dealing with it. There is a lot of panic in the market under the current volatile market...

Oriental Harbor has experienced bad times in the stock market such as the 2008 financial crisis, the liquor crisis, and 2015. The company has developed better every time. "The saying "The stock market is risky, you need to be cautious when entering the market" will only scare people.

People who know how to invest, real investors will still keep thinking about and solving problems.

Investment is not just as simple as making money snowball, it is also a kind of spiritual practice in life.

Many investment methods look simple, but are very difficult to practice.

Buffett often emphasizes the margin of safety in investment: the first is to preserve the principal, the second is to preserve the principal, and the third is to remember the first two.

Zhang Lei adheres to three investment philosophies: stick to the truth and use strange things; take a scoop of a weak water; keep silent and make mistakes.

Looking at this book based on the current situation, I also read "Value" by Zhang Lei and "Getting Rich Slowly" by Li Xiaolai. The ups and downs of the heart have some Buddhist roots, because they have been doing the right things with the right way of thinking, and they must be doing the right things.

We will actively break through and interpret well "There will be times to ride the wind and waves, and hang sails directly to help the sea".

Although I tried my hand at funds and a medical fund fell miserably, I didn't feel miserable because "The Rose of Time" gave me a lot of strength.

Second, control your way of thinking, adjust your investment strategy, and concentrate on being a long-termist. One morning in 2000, Jeff Bezos called Buffett and asked him: "Your investment system is so simple, why do you think so?"

You are the second richest person in the world, but others don’t do the same thing as you?” We compare investment to the tortoise and the hare race. 80% of people want to get results quickly like the hare, and don’t want to wait slowly like the tortoise.

rose.

But I didn't expect that the rabbit will die quickly if it runs fast, and the tortoise will live longer if it walks slowly.

Time will produce compound interest. When comparing the two, there will naturally be a difference.

We might as well think in reverse, against human nature, against genetic locks, and use the rose of time to slowly realize our ultimate desires.

The reason why Buffett is a victorious general is that he has always followed the turtle's law, adhered to the margin of safety, and gained compound interest from growth while learning.

One of Bin Bin's most successful investments was his long-term commitment to Moutai.

He said that you have to persevere in life.

You can't always wander.

As for another trait - patience, those who can trek to this point have basically filtered out 99% of the "value" investors in this market.

Behind every person who reaches the top, there must be an ultimate desire.

In order to reach the highest point, they overcame the weaknesses of human nature, obtained the rose of time through suffering, and provided more value to those who came after them on the "smile of compound interest".

People not only need correct investment theories and directions, but also need unyielding spiritual support and soul guidance, especially in the darkest moments of life.

But Mr. Bin did it. His constant practice and review led to today's "The Rose of Time".

Everyone's wealth is the realization of their own knowledge.

But Mr. Bin said: Without the support of correct ideas, relying on news and insider information, thinking about the "fish" sent to you every day, and losing your ability to "fish", this is a taboo in investment.

If you rely on fate to make money, you must be prepared for fate to take away your money.