First, the buyer's research characteristics

(1) Intrinsic learning, telling the truth, pursuing truth and pursuing practical results.

(2) The purpose is simple and clear: to contribute to the investment performance. Public offering pursues relative income, while private offering pursues absolute income.

Two. Characteristics of seller's researcher

Be skeptical, including:

1. Suspicion of others: Those who despise authority and do well in the industry are instinctive skeptics. Because China's capital market is ineffective, but effective for most people, it has no authority at all, so we should dare to question it.

2. Dare to doubt yourself, mistakes are inevitable, dare to doubt yourself, dare and be good at reflecting and denying yourself. Don't hurt yourself too much when you are wrong, but stand firm when you are right and get the benefits you deserve. For any researcher, it is especially important to have the courage to deny yourself, especially for researchers with strong industry periodicity, and the industry has changed a lot, so we must remember this.

3. Passion generally comes from utilitarian heart. In our line of work, we should be utilitarian, but we should also really like it.

3. The main differences between the buyer researcher and the seller researcher in the financial industry:

Buyer researchers in the financial industry have a positive attitude towards their views.

Seller researchers are negative and skeptical about individuals or groups.