Hikvision was the first Internet technology company listed on the A-share market. The company's products cover all major equipment of video surveillance systems, including front-end acquisition equipment, back-end storage and centralized control, display, management and storage equipment.

When I was working at my former unit, all the company's security monitoring related products basically used Hikvision products.

Last weekend, Hikvision announced its third quarterly report for the year. In accordance with A-share regular report disclosure practices, the results were disclosed together with the changes in major shareholders, mainly the top ten shareholders and the top ten shareholders without sales restrictions.

Coincidentally, Dahua Shares, the "second" security company, is similar to this. The same name also appears among the top ten shareholders. It also has an independent market trend when the market and individual stocks are generally downward.

And behind this private equity fund is pointing to a legendary figure Feng Liu.

There is no shortage of legends in the investment world, and talented people have emerged from generation to generation. This time Feng Liu stepped onto the stage again.

Information shows that Gaoyi Linshan No. 1 Yuanwang Fund was established in November 2015, during the bear market. Gaoyi Asset was founded by investment tycoon Qiu Guolu, and Linshan No. 1 was founded by Feng and Qiu.

Houfa's first private equity fund currently has a scale of over 10 billion, and its investment performance is also extraordinary.

More than ten years ago, Feng was unknown. Five years ago, the name was only popular in circles, but now it is famous all over the world.

In the early days, it only circulated in a small circle. At first, it was posted on the "Minfa Forum" under the name Maotai 03, and then moved to Taobao.com, and then became popular on Xueqiu.com, and finally became popular on the entire Internet.

In 2012, Maotai 03 summarized his past life in Taoguba.com, "In the past nine years, I have achieved an annual compound return of 93%." The total return in nine years was 370 times.

A simple sentence actually reflects two of his characteristics. In addition to the impressive income, he has a low starting point and his grassroots background is also a major reason why he is sought after.

Although he is famous all over the world, there are still very few systematic introductions to him on the Internet. Feng Liu's investment life can be pieced together from some fragmented information.

After graduating from college in 1999, he started working as a salesperson at Wahaha. In 2003, he resigned and returned home to become a full-time stock investor. Later, he continued to post on the Fujian Forum and Taogu Bar.

In 2015, he was already well-known in the stock circle. In 2016, he joined Qiu Guolu's Gaoyi Asset and issued its first product (Gaoyi Linshan No. 1 Yuanwang mentioned above).

Feng Liu initially posted under the name Maotai 03. From the fragmented information, there is reason to believe that Feng Liu had considerable experience in liquor stocks in the early days, which also brought him considerable profits.

Some details cannot be tested, and the fragmented information generally summarizes its revenue path.

Before 2011, we basically focused on liquor.

The exact amount of profit is unknown, but from 2003 to 2006, when I held Kweichow Moutai, Moutai increased more than three times.

Later, he switched to Shanxi Fenjiu, until he switched from liquor to medicine.

Having previously achieved great success in Shanxi Fenjiu, Feng Liu successfully completed the leap from small powder to super Niu powder.

In 2015, Qiu Guolu contacted Feng Liu and switched to private equity, completing Niu San's magnificent transformation into a private equity fund manager.

So far, the net worth of Gao Yi Linshan No. 1 has reached 4.85. Public information shows that even in 2018, when the market was extremely "bearish", it still achieved positive returns.

When I was sorting out the information, I thought about reviewing the big boss's operations, but then I thought that the process was more important than the result. However, it would be futile if the method could not be used by me. The way of thinking is more important than the method.

In some of the discussions of "Maotai 3", there are often more metaphysical expressions of thinking patterns.

For example, when China Securities Journal interviewed Feng Liu, he said, "Weak people think."

Acknowledge the boundaries of your capabilities, find ways to cope, and make appropriate changes.

Acknowledging the limits of one's abilities is to make changes. The same goes for investment, and so does work and life.

Of course, for ordinary people, there may be some kind of minimalist way, but it will be effective only if you act within the boundaries of your own capabilities. The simplest way is what suits you. For example, some people are good at identifying stocks, while others are not.

Good at identifying big guys.