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This year, many bigwigs have “run away” to start businesses, such as Heyuan Private Equity founded by Guan Huayu and Yunzhou Private Equity founded by Zhou Yingbo. Fengyunjun found that the names of these two private equity companies have some “artistic conceptions”. Driven by curiosity, I checked the information and found that the origin of […]

I believe that A-shares will undergo a V-shaped reversal since midday on April 27, 2022. Optimistic about institutional stocks, good quarterly reports, oversold, lithium batteries + semiconductors, etc. The leading stocks rose 100%, and other stocks generally rose 30%-50%. At the same time, I think when most people are optimistic, the short-term market is basically

This article is the second bullet of the article by @徐汉智松白. For the first play, please see Feng Liu and “Suihan”, and the past 6 years at their fingertips… The core of the second bullet is to see Suihan’s performance in stages and how it is. Can’t talk about performance data, so go straight to

Which company is more valuable? Let’s start with the definition of valuation. Tracing the source, both PE and PB can be unified in the pricing originator of asset pricing-the cash flow discount model. The specific incarnation in the stock is called DDM (dividend discount model). The basic formula is: where V is the intrinsic value

Increasing the dividend ratio is the result of the passive selection of bank stocks in the future. In the past 10 years, the ROE of bank stocks has dropped from about 20% to 10%, and some are even lower than 10%. What does that mean? That is, the capital efficiency of state-owned assets is getting

Rational thinking and independent thinking seem to be very simple, but it is difficult for stock marketers to do it. Most of them are position-determined and their views lose objectivity and impartiality, which will harm others and themselves, and they will not listen to different opinions. Accurate investment should be optimistic about buying after independent

[Investing in Xiaoyuzhou] The profit-making effect of new stocks has come back, can you still win when you hit new stocks? Entering May, the haze of the intensive breakout of new shares seems to have dissipated. The new stocks listed within the month not only did not break on the first day, but also rose

Who is suitable for value investment, not experience, education, IQ, but character. Four traits of character: independence, interest, courage, and patience. A few years ago, I saw this that Buffett and Munger talked about, and I didn’t get much insight. However, after five years of investing in Muyuan, from an enterprise to an industry, macro

On the 19th of last month, I exchanged with you “How to Identify the Financial Disguise of a Listed Company”; on the 22nd, I published “If you recognize the financial truth of a listed company”; Today, let’s study together about valuation. ‘s knowledge. It needs to be emphasized that it is the most important homework

If you read this article and understand its essence and implement it resolutely, you can at least double or even double your investment income in the next few years. Those who are familiar with me know that my understanding of investment is that there are two important things, one is to accurately grasp the industry

On the expressway passing through the urban area of ​​Longyan and heading to Shanghang, the wife sighed, “These dozens of kilometers of roads are literally run through by bridges and tunnels.” We are going to attend the 21st Annual General Meeting of Zijin Mining. In terms of economic strength, Shanghang has turned into a phoenix

The new trend of Chinese businessmen , the rotation type, the current total scale of Zhou Haidong is nearly 10 billion. The current positions are dominated by mid-caps, followed by small-caps, and relatively few in large-caps. The turnover rate is medium and slightly above, and the scale will have a certain impact on the performance,

May 20, be happy alone! “One Person Fund Company” “One-person fund company”, what is the concept? One person certainly cannot do all the work of a fund company. In fact, this usually refers to a fund manager with outstanding ability and a very high proportion of personal management scale. A fund manager supports a fund