I think value investing is pure nonsense

I think this friend should learn about Warren Buffett's investment philosophy, and I believe that when you really understand Buffett's investment ideas, you will see what you think now.

1.Since you already know that value investing can help you find a valuable **, then why care about small buying and selling points? And the real value investment does not need to be so precise, "can be vaguely correct, but not precise mistakes" Value investment is to insist on long-term holding, and only by insisting on long-term holding can we truly reflect the advantages of investment value investment.

You think you can't make money from undervalued ** because you lack patience, you can't wait for the return of **, and you lack real value investing ideas. And this also shows that you are not a value investor, what you care about is **, what you care about is the ** change every moment, value investors think this is called speculation.

2.To judge a company, financial data is a very important piece of information. But it is definitely not the only thing that gives you investment information, we should evaluate a company from the perspective of an industrialist, from finance, to management, and the market of the product itself.

When you have such a comprehensive inspection of a company, you will never be at a loss to face this **.

3.Your views in 3-6 fully show that you are a person who holds the concept of technology investing and does not really understand the essence of value investing. Value investing advocates their own analysis of listed companies within their own capabilities, not all of them are qualified to buy, if you have to invest in a field that you don't know at all, or follow the trend of experts, the ultimate damage is your own interests.

The reason why Warren Buffett does not invest in A-shares, I personally think it is because he does not know the current situation in China, China's national economy and the business of listed companies themselves, simply put, Buffett believes that this is beyond his circle of ability, so he does not invest in China's A-shares. Warren Buffett's investments are largely confined to the United States, where he invests in countries he knows, societies he knows, and businesses that he knows.

It's not value investing that's going to be wrong, it's the people who understand and use the value investing methodology. We should really distinguish whether we are investing or speculating, and when you are clear about this idea, you will have your own clear path to follow. Value investing requires an entrepreneurial vision and ability, investment is not a game that everyone can play, as Warren Buffett said, although this is not a game where an IQ of 150 can beat 130, but we also need some basic analytical skills, and we must have a good psychological quality suitable for investment.

Addendum: Warren Buffett also missed out on a number of investment opportunities).

Sincere advice to read the relevant study of Buffett's investment methods of books, whenever I see those people who look at the stock price information on ** all day long, I feel that they seem to be like a group of directionless ducks with their necks stretched (Lu Xun seems to have used such a description, forget).

In my country's a** field, investment is absolutely fooled.

Warren Buffett is a company, become a major shareholder, or become a boss to operate, not a vote, Buffett is an industrial investment, a person does not have Buffett's financial resources and management ability, learn from Buffett, but in the end it will become a funny version of Buffett.

It's not nonsense, but in different countries, there will be different investment strategies.

Value investing is a kind of investmentism, investment faith!

For example, if you feel that the company you have selected has development potential, and can overcome obstacles and achieve a hot land in the long wind and waves in the future, then stick to this until that time! First choose the industry, then the growth potential, and then the value is underestimated, you can invest after the determination, and then insist on holding, regardless of bulls and bears, have confidence in it and yourself, until you get the fruits of labor. Of course, when this ** is far away from its own value, you can consider whether it is time to break away from it and choose a more reasonable value investment (there are too many uncertainties in speculative stocks, and of course it is also a time to test your human nature).

Losing money is relative to what time and mentality, there is no way to make money absolutely, you name it!

Value investing requires a lot of knowledge, experience, time, and effort.

This is my personal understanding of value investment, personal ability is limited, see the smile!

I wish you success in your investment!

1.Value investment is the actual value of a business, not the existing market value. Choose companies with undervalued stock prices to invest in.

As for how to do it, it's more complicated, and if I knew it well, I could become a rich man. Warren Buffett's method is to look at the company's financial report and analyze the company's quality from the financial report, for example, you can look at the income statement to understand the company's operation and so on. Warren Buffett is an accounting expert, his ability to read financial reports is absolutely world-class, and he also has a keen business sense to judge which industry will develop in the future.

2.Warren Buffett is also a human being, and human beings make mistakes, it's as simple as that.

Adhere to three investment philosophies.

In 2005, at the beginning of his business, Zhang Lei put forward three investment philosophies to follow in value investment:

One: Keep the right and use the odd.

Integrity is reflected in the character of investors, and it is necessary to adhere to the sense of moral honor, respect the rules, and adapt to the rules. Reflected in the investment principle, it is necessary to build a complete decision-making process and fundamental principles that are not influenced by market sentiment. It is reflected in the research method, to be a friend of time, to study long-term problems, and not to pursue short-sighted interests.

Investment is not only a reflection of the rational mechanism and procedures, but also a simple presentation of objective laws, and some of the transmission mechanisms behind it must be clarified. In terms of how to make decisions, it is necessary to find the key variables in different periods and recognize the relationship between the key variables, whether the nature of the business has changed, the people have changed, the environment has changed, and the organization has changed. Decision-making is based on this incremental information and does not make changes and innovations.

Two: 3,000 weak water, but take one scoop.

Investors must have a strong self-discipline and a strong desire to not miss out on any good things, and at the same time they must find their own opportunities. Can it be made bigger, deeper, and stronger on "that scoop". There are very few really good companies, and there are very few entrepreneurs and entrepreneurs who really have a pattern view, so it is better to hold good companies for a long time and help entrepreneurs give full play to their best abilities.

If you can understand the changes in this industry and have the ability to find the logic of investment, you can hold it for a long time. If it's just a tuyere, or a good project that is done within the ability of others, don't blindly chase it.

Three: The peach and plum do not speak, and the next is its own.

Don't care about the social reputation or value created in the short term, but how much value is created in the long term. Return to the original intention of investment, find and support outstanding entrepreneurs to realize their entrepreneurial dreams, and create greater value for society in the process. To find the happiness of investing, earning investment income is a natural and self-contained result.