Stock market learning and not--lamp in the vast _ Duan Wenlong

CatHelp Desk Tracking Softwareegory: featured reference can learn and not learn of the stock application business card creditmarket--the vast light calligraphy student preferences, copy calligraphy style of Yan Zhen Qing of the Tang dynasty, and then copy the USSR, yellow, m. Later, he wants to copy Zheng Banqiao, Banqiao calligraphy Frank, naive, full of kid stuff. Consult the book, said, is not available, not only Zheng Banqiao, Eight Eccentrics of Yangzhou in fact many famous artists, their calligraphy can only be appreciated, not learning. Zheng Banqiao's calligraphy, non-transfer of non-Chinese pistache, called "six and a half", book transfer on ' coherent, layout, typeface size, arrange the insertion is very smart and chic, non-ordinary calligraphy fans would like to learn, this is "not available". Calligraphy style of Yan Zhen Qing of the Tang dynasty handsome beauty, momentum is abundant, has wrongful death attorneys floridapersonality, characteristics, there is a positive either, without risk of momentum, always with regular front, able to fully realize the males calm and fortitude, is ideal for learning calligraphy lovers, this is the "Science". Chinese calligraphy has always had "Chinese pistache, such as sitting, walking, grass," said, therefore, calligraphy style of Yan Zhen Qing of the Tang dynasty and the Soviet Union may be able to enjoy and learn, Banqiao body may be able to enjoy not only learn to understand. when thinking about entering the stock market, have also experienced similar learning calligraphy as confusing, but unfortunately it is only in recent years to recognize in the stock market also has a lot to be learned and not learn. Past focus on GDP, CPI, interest rates, house prices, oil, trade issues, economic policy, macroeconomic issues, then knows that this is in fact a "top down" strategy, many hedge funds are taking this approach, the GMO financial management jielimi��gelansang basically fill in company annual reports on evaluation analysis of macroeconomic issues, which basically does not involve a specific evaluation of the company. Look how these fund managers are economists, not just investors, their annual report and was certainly was a real economic history, economic theories because they show profound. This makes me deeply realized that this is definitely not a person like me can do. As saisi��kalaman said, face will be very difficult. If the value of these phenomena, and ignore the enterprise level, it is likely to fall into all at sea. This is the stock market is not available. value investing is relatively easy, because only a focused investment strategy that relies on individual stocks filter, this is in fact "bottom up" strategy. This policy each on a separate investment opportunity for investors to fundamental analysis, they are most concerned about the performance of individual companies, and governance, they look for cheap stock, and according to the actual situation analysis on their fundamentals. Prediction of enterprises do not have any investors who adopt this policy. This strategy can be accurately described as "buy bargains, and wait." The crux of the problem is that you must learn how to assess the company's intrinsic value, and then you must have patience and discipline, wait until the value and price when there is a huge gap, which is the emergence of bargain buys and warehouses. Regardless of the current trend of the market as a whole or its macroeconomic point of view. Warren Buffett, John c.Neff, saisi��kalaman, and others are taking this strategy represents. In this way because they focus on the company level, so relatively simple, so this is the stock market to be learned. ����꣬���ո��˹�˾��ղķ˹������˹Ϊ���������ֵ��� Because this is a world-class mathematician, is also a great hedge fund manager. 2008 just a year, his hedge fund, which implements the 80% of the net rate of return, he is also due to its investments worth US $ 2.5 billion increase over the previous year, up to $ 8 billion, ranked 9th the Forbes billionaires list. He is also said to be 20 years since "most profitable Fund Manager", from 1989 to 2008, the average annual yield rate reached an amazing 38.5%, and Buffett are just 20%. However, Simmons never revealed his investment methods, but he proceeds on the basis of computer analysis trading strategy is almost certainly for rapid data exchange. Simmons Company consists mainly of 3 groups, namely, computer and systems specialists, researchers and members of the transactions. Simmons himself spent more than 15 years of research and development of computer modeling, a large number of filtered billions of considering individual data, choose from a choice of securities bought, sold. He also employs more than 200 people participate in, and for his service, which has a doctorate of mathematics, physics or statistics exceeds 70. When to buy or sell orders after the release, 20 traders quickly by thousands of days short-term trading opportunities to capture the fleeting, volumes and sometimes even account for the entire Nasdaq trading volume of 10%. It is clear that Simmons of this model, based on complex mathematics, statistics, find market arbitrage space by combining investments, not retail investors can understand, nor can do retail investors. This is the stock market is not available. about Warren Buffett and Berkshire's many thing are incredibly simple, such as Buffett used modern communication tools are two mobile telephone, you can, if necessary, contact the different brokers. Until later on to have a fax machine. In 1995 the company has received through the acquisitions of 11,000 new employees, but the headquarters staff has only increased from 11 to 12 people. In this year's annual report, Buffett wrote, "this small team has created a lot of wonders. 2000 years, it deals with 8 full details relating to the business acquisitions activities, implementing a wide range of monitoring, has produced a large number of tax returns (our tax return material thickness up to 4,896 pages), successfully held a number of tickets for 25,000 annual shareholders meeting and accurate service cheques 3,660 charities designated by shareholders. In addition, the team has completed a $ 40 billion business, and 30duowanming all shareholders of a company have to do in their daily work. "All investment decisions are almost only the Buffett and Chali��Mang two people to complete. They are as a business investment. Real business investment as only, you can stop thinking about the stock market's problems, and began to think about when you have these problems need to be faced by listed companies; from the original found after you bought the stock looked forward to the next 6 months will be 25% profit views change to participate in the business part of the investment, and looks forward to the next 5-10 years, maintained or 12% or even better a year compounded rate of return. This is the quintessence of Benjamin Graham investment theory. It fully consistent with the commercial significance, called in line with business sense is, able to provide the highest annual compounded rate of return on investment with individuals in the lowest risk. This way everyone knows, almost no secret at all. Easy to understand, it is easy to learn, with the characteristics of some investment required, and even retail investors can do, this is the stock market to be learned. ��ʵ���еĿ�ѧ�벻��ѧ�Ķ���������ࡣ Perhaps only know what is to be learned, and what is not, in order to enter into a new realm of investment, because it reflects the ability of the problem.