If you believe in its feasibility, it will be difficult to move mountains and fill seas, and you will eventually succeed. If faith is not feasible, it is easy to turn the palm and break the branches, and there is no period of effect. ——Sun Yat-sen
I started with the words of Mr. Sun Yat-sen because for me, when investing in a company you are optimistic about, when it is constantly developing in a good direction and the valuation is cheap enough, you should choose to believe and stick to it, rather than the stock price. Fall, the analysis is as fierce as a tiger, and the stock price has fallen a lot. All the things you are optimistic about in research and analysis are thrown into the trash can by yourself!
There is still one trading day before the end of 2022. My annual summary has been written and sent out in advance. I am not willing to write this year’s annual summary, but after thinking about it, I feel that I should write something! Why do I struggle to say this, because it was indeed a tragic year, and I can use a few words to describe it: suffering, hardship, exhaustion, escape, pain, fearlessness, and cruelty. (Compared to the recent worry-saving big V’s liquidation, I don’t feel that there is anything that touches me more, because compared with me, his experiences have already become the norm for me, but his stock It’s just that he didn’t let him carry it, or he didn’t have other money to continue to resist…)
Why did I choose these words to describe my 2022? Because in the past 17 months of decline, few people can understand the process. Let’s look at the screenshot first: the first text message from a brokerage received on July 27, 2021.
Since this text message, it has continued until the end of October and the beginning of November in 2022, let’s look at the picture!
In the past nearly 17 months of decline… I don’t know how to describe this process in words or words, and I really don’t know how to express it. This year marks the tenth year that I have contacted and used leverage! Many friends also know that China Merchants Bank, Bank of Nanjing, Bank of Ningbo, Industrial Bank, and Ping An Bank, which we have invested in in history, have finally given us a big victory without a single defeat! It may be because of such a record, or because we have never experienced such a “catastrophe”! Makes me feel so confident or comfortable with the use of leverage! This also caused my life to be almost killed this time… Of course, I really didn’t expect that the bank and insurance could go so horribly!
In the past days, I was still researching and studying the bank stocks and insurance stocks I was optimistic about! Every time I live broadcast, every time I shoot a video, every time I post a dynamic, it takes me a long time to adjust my state! Many people on the Internet are asking whether I have liquidated my position? I’m going to liquidate? I’m already liquidated? Many people are also asking about my guarantee ratio, and I keep my mouth shut, but I need to remain calm, as the saying goes, “Mount Tai collapses in front of me, and my face does not change.”
I believe that there are not many people in the whole network who can understand my mood and emotions. Maybe what I can understand is gone, only I am still alive… I think whether it is investment or life, the one who defeats oneself is often yourself! In the past days, I got drunk, I watched “Big Times” and my mobile phone was pushed every day, clips of Ding Crab, Cairns bankruptcy and so on! At one time, I suspected that even the big data knew that I was going to liquidate… Of course, now that I write this article, it also means that I have temporarily passed the most “dangerous time”! This experience has brought about profound changes in my life and character! I know that Zhang Jianan 17 months ago has “died” and now Zhang Jianan is no longer the “Zhang Jianan” he used to be!
One day in September, I came out of a friend’s company and walked on the streets of Shenzhen. I was extremely exhausted. It was two kilometers away from the nearest subway station. It was raining heavily, but I didn’t want to take a step. , That day I wore my most expensive suit at the time and sat on the streets of Shenzhen, lit a cigarette in the rain, watched the cars coming and going, and the crowds were turbulent, but my heart was extremely calm… The rain drenched my whole body , I looked up at the sky, and made a wry smile and a helpless voice… At that time, I really felt what it was like to be “lonely”… I can’t remember how many nights I had insomnia in the past days. In my eyes, I have almost done a perfect cover-up, and I hardly let people see that I am standing on the verge of “death”… But when I am alone, I really… can’t describe it in words…
Many people are curious about how I survived. During this process, I kept encouraging and comforting myself, and I kept trying my best to seek help. Even if there was only 1% hope and possibility, I tried my best to fight for it. , the phone calls I made, the WeChat messages I sent, the people I met… I also sold a lot of things to ensure that I didn’t lose my position, of course I won’t go into details about these. In short, it is safe now, because the one-month rebound in November is enough to greatly increase the guarantee ratio by dozens of percentage points. According to my calculations, even if it continues to fall, I can withstand a big wave of decline, but I believe The worst outcome has completely passed!
Man is a very strange animal. In the past days, I have thought of countless gorgeous words to describe and recall, which are enough to bring me an experience that has a profound impact on my life, but now those gorgeous words seem to disappear in an instant, and I always I really don’t know what to say… After watching the videos posted in the past 17 months and the replays of the live broadcast, I really can’t believe it’s me. I started to think that I have a split personality?
What if I go back and walk again? Frankly speaking, I have the courage and courage, but I may not have the spirit and luck…Looking back at history, 998 points in 2005, 1664 points in 2008, 1849 points in 2013, 2440 points in 2018, and 2020 The sharp drop of the epidemic is enough to make us disappear completely every time, but every time it can be brought back to life… Until this time, I felt that I couldn’t make it through, I really couldn’t make it through… But I don’t want to just fall down like this Before dawn, after all, we have never failed to invest in banking stocks for more than ten years. How could we fail this time? After all, every time in the past, the valuation is higher than the current valuation…
Every time I go to Ping An Bank to participate in a meeting, I am always asked by friends concerned, is it still possible? You have to hold on, you must not fall down… Yes! How can I fall before dawn? I’m about to fall, wouldn’t many of my friends also fall? How could such a once-in-a-millennium opportunity for bank stocks and such an outrageously undervalued bargaining chip be handed over? The ghost story will eventually end, and so will Tailai! I will not choose to be a deserter, nor will I choose to “bow my head and admit my mistakes to the market.” Banking and insurance are the two most important fields in my professional investment career! More importantly, I will not choose to post a post saying that I have sold out like other big Vs… What you can see is that even if I am really miserable, I will work hard to stick to it!
Bearing the wind and rain together and seeing the rainbow together is easy to say but hard to do! Investing is like being a human being, combining knowledge and action.
Me today:
Possesses an almost fanatical passion and energy, and at the same time possesses an almost ruthless rationality.
An adventurer and a conservative.
There are hopeless optimists, but also a strong sense of urgency.
There is no fear of strong expansion, but also rare convergence.
He is a person who is easy to impress others and has the ability to instigate, but he is also a lonely person.
This passage accurately describes my current characteristics, from (Tian Tao: All outstanding entrepreneurs are paradoxists)
I am very grateful to the people who have given me encouragement, support and trust in the past days. Regarding the future, I will continue to stick to my optimistic bank and insurance stocks! I believe that there will be times to ride the wind and waves, hang the clouds and sail straight to the sea!
Finally, let’s end my annual summary with a poem by Su Shi: Those who set up great events in the past must not only have talents beyond the world, but also must have perseverance!
#2022投资摘要# # A-share closing battle, how will the market go# $Ping An Bank (SZ000001)$ $Ningbo Bank (SZ002142)$ $China Ping An (SH601318)$ @今日读论
There are 94 discussions on this topic in Xueqiu, click to view.
Snowball is an investor social network where smart investors are all here.
Click to download Xueqiu mobile client http://xueqiu.com/xz ]]>
This article is transferred from: http://xueqiu.com/1733359280/238913824
This site is only for collection, and the copyright belongs to the original author.