Choice determines investment results
Machine translation; not fully reviewed and may contain errors. Read the Chinese original
It seems that since a long time ago, I have had an extremely strong mentality. Of course, this concept of Mu Qiang may also be somewhat different from the current mainstream concept of Mu Qiang.
|For example, my performance of being strong is: In the financial market, I am stronger than the leading companies in various sectors. For example, Starbucks in the coffee world, Tesla in the electric car, NVIDIA in the AI field, and Bitcoin in the digital world. And this logic only comes from the Matthew effect that I preset for myself a long time ago, and with constant personal verification, I realize that it is becoming more and more correct.
This law can be said to be particularly obvious in the financial market, and in today’s increasingly exaggerated productivity world, the performance of this law will only become more and more obvious. If it used to be 28 points, it is now 19 points, and the ratio is even more disparate.
Of course, I not only think this way, but also do it. For example, in my daily study and work, I will give priority to using the most interesting AI to assist me in production: chatgpt, the leader in large language models, and QuickLink are used for VPN; the mobile phone is the flagship Android phone of Samsung; if I go to a coffee shop, I will definitely choose Starbucks…
So in the field of investment, I will give priority to researching those oligopoly companies for investment. Generally speaking, this kind of investment strategy is not bad. For example, if you are a novice and you open an account for the first time, you don’t know which stocks to choose to invest. As someone who has been there, I have two suggestions:
- Abandon the get-rich-quick mentality;
- Invest in the target with the largest trading volume in the world.
Just these two suggestions can save you from countless pitfalls in an instant.
Haven’t you started to pay attention to the storage sector in technology stocks recently? So I followed the clues and found the three major oligarchs in the storage sector: Samsung, SKD Hynix and Micron Technology. Then, after taking into account factors such as geopolitics and the current valuation range, I resolutely chose to invest in Micron Technology (MU) with a large position.
In order to ensure that I studied relevant knowledge as seriously as possible, while making the above choices, I immediately bought the investment target with a larger position. Why? Because I know that only after handing over this money can I mobilize more attention on it, so that I can learn more honestly and profoundly. This is the most interesting experience I have gained after carefully observing countless Xiaosan in the past four years.
After all, who are we? People who practice what they preach.
But unfortunately I am not perfect, so I also need some external pressure to supervise…
So almost every hour after buying (including in dreams), there was more or less continuous curiosity about this subject. Real money is invested and you don’t even know what you are buying. This is just like spending hundreds of thousands to marry a daughter-in-law and not wanting to know what kind of person she is. It is too unreal…
This is one, and the other is that after I bought it, I experienced a rather large and sustained decline. As a result, the number of monsters and ghosts in the market instantly increased and they began to sing various “ghost stories”. This also further stimulated me to actively search for relevant information, verify and trace the source…
It’s interesting to say that after this follow-up and more in-depth research and study, my curiosity became even more intense. The desire to learn is also many levels higher than before. I think this is my original intention! At the same time, it also led to a lot of unexpected good luck, which made me quite excited. Because I once again accidentally discovered that the learning resources on YouTube are so rich and high-quality!
So now that we have reached this point, the losses on the books suddenly seem less important.
After all, what’s more important? It is definitely long-term sustainable profitability that is more important, rather than short-term rises and falls. Regarding this, you must be sober…