Concentrated essence? The essence of learning industry stock selection is these studies

time:2023-01-28 16:52:49 source:clevelanddrifters.com author:Aerospace stock
Concentrated essence? The essence of learning industry stock selection is these studies

Concentrated essence? Learning the essence requires a lot of research. Recently, V+ group friends mentioned two aspects, which are more interesting: one is to learn more and to provide more research, especially the industry track. In fact, the competition is also about research factors. The other is to hope to learn less things, even without thinking, it is enough to grasp the most essential words and individual stocks, and don’t need the rest. In fact, there are two more representative stages on the road to the advancement of investors. The old shareholders should have experienced it, and Yuming has also gone through these two confused stages. In "The Method of Rejecting Invalid Information and Only Focusing on the Core Elements of Profit", it explained these factors in detail. It is human nature to want the most accurate grasp of the most effective information, but the premise is that you need a process of accumulating and accommodating enough information first, otherwise, what is the screening? We all say that experienced and old investors can quickly capture core information. In fact, a lot of homework information has been ignored. Why do Buffett, Munger and other 90-year-olds still do a lot of research and reading homework every day? Did no one simplify them? Do they still need this? It all means that you must have enough accumulation before you can use it, and more is less. Otherwise, if you have nothing, can you still sublimate? refining? For example, value investing is buying great companies at cheap prices. ——What a condensed essence, but it is too difficult to understand this sentence. What is "cheap"? Then you need to identify a value center first. If it is lower than this, it is called cheap. So, how much lower can the game be? Another dimension is involved. Will this value center change? Changed, what should I do? It also involves dynamic valuation, as well as market environment and recognition, and a series of factors continue to be studied. By the same token, what is "excellence"? You need to compare, compare with the same industry, compare with other industries, and compare with yourself, this is not difficult. The most difficult thing is to create a new track for emerging industries. How to prove this track is not a point, but a continuous process. What's more difficult is that outstanding enterprises cannot be fully realized, otherwise the price will be too high and meaningless. This means a lot of data and continuous research to confirm and compare these, there are no shortcuts, because of the emerging industry, everyone is facing new factors. Fully research it before you can change from complex to simple. You can do less research, we just look at individual stocks, buy, sell, that's all, overthinking is not good. @玉名 There is a fact, you have to understand, one article a day, but not necessarily all for you. To put it bluntly, you just choose the look that suits your own style. When there are more people in the group, everyone has different tolerance and different games. In this way, it is beneficial to have a choice to read, and then accumulate and expand by yourself. In fact, from a purely research perspective, I study more than one article every day. A single industry, taking new energy as an example, has a lot of continuous accumulation from energy storage to industrial chain. Recent studies on domestic substitution of medical devices, process and cost of mRNA vaccines. There is also overseas research on semiconductors. Taking me as an example, the articles that can be released are actually only one-tenth of them. It comes from how much the readers can accept? rare. Because investors see a single stock and think about it, just buy it, and don't think about anything else. This is a typical "daily salary" thinking. But doing industry is "annual salary" thinking, which is the difference. In many cases, the more analysis, the more unacceptable it is. A typical example is a vaccine. I have an account in Snowball with daily records, industry technical data, industry policies and fundamentals are displayed, but it can be found that there are very few people who can listen to it. What everyone cares about is the rise and fall of the stock price tomorrow. , do not care about the trend, industry capital outlet, future development, etc. As long as he falls, he is scolded in various ways, scolding this and scolding that; as long as other people's opinions are different from their own, they are said to be dog nurses, which seems to be right. New energy has been studied in professional forums. At this time, it is much better, because most of them are not shareholders, so they are more specific to technology. At this time, scientific research factors and stock prices are not synchronized, but the fermentation of these factors will let us see The development prospects of the industry. When these are displayed for everyone to analyze wind photovoltaics, what do investors think? Many people don't even know what wind power is, when they give the industry segmentation and components. Some investors not only do not learn, but also complain that it is too difficult, but you are not willing to learn this, do you still want to be a track? This is obviously not possible. Therefore, the articles that can be released take into account everyone's abilities. If you want to improve further, you need to expand more, there is no shortcut. Next, we will also answer the relevant confusion of investors about the industry game.

(Responsible editor:Aerospace stock)