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Data:2009-12-12 2:34
Novice has just started to invest in the stock market, they often dazzled, in the face Shang Qianzhi stocks, in the end that the criteria to filter it? CITIC Construction Investment securities company deputy general manager Zhang Xin brokerage business headquarters in the central fan in the guest room "financial class" column pointed out that the most simple standard, that is, selective advantage in the industry leading enterprises.
Concerned about the side of good business
Zhang Xin-fan pointed out that for the stock market novice, priority should be to elect our own good companies around the stock, "because a lot of things around us are very determined. In particular, industry leaders should be elected, do not select the next row of 56, this business boom The possibility has not, and if you do not seize the industry's most outstanding enterprises by 2020, whether it is 5,000 points or 10,000 points, will still lose money. "
As for why have they chosen the industry's most outstanding companies, because China has emerged strong Hengqiang trend, "dominant enterprises because management excellence, brand excellence, will continue to move forward. England a well-known fund manager, said Taub before, I invested in a very simple, as simple as can no longer simply be that the British can be done best in the world a clean sweep on the list of those companies. in his portfolio, sorting were 35 cigarettes, scotch, Unilever , Heathrow Airport and the Prudential Insurance Company, all of the world's best businesses. And this combination in 25 years turned 54 times.
Monopoly and scarce little risk industries
Zhang Xin-fan pointed out that, in addition to their own familiar business, and also can choose to monopoly and scarcity of industries and enterprises, because these resources are monopolized, and scarce, non-renewable, long-term holding is not an issue and risk management is not too great. In these industries, we should also choose the brand of the company shares outstanding.
Another good judging criteria is the selective advantage industries. Such as "exit fees" industries, such as terminals, container terminals, highways, power, airports, commercial retail and telecommunications. Optional is also a "moat" in industries such as traditional Chinese brands of liquor, medicine, tourism, railways, highways, airports and so on. Moreover, the Commission "can grow up" industries such as electric fan industry in decline. Zhang Xin-fan pointed out that the industry continue to grow is the first finance in addition to science and technology, consumer goods, pharmaceutical industry, as well as Wal-Mart, Carrefour, Home Depot such commercial giants, as well as Shell Oil, Mobil Oil such as energy giant.
Zhang Xin-fan pointed out that the rise of China can be divided into three levels, starting with the rise of the manufacturing sector, and the second level is the financial capital markets led to the rise of consumer services industry; The third level is the rise of a whole civilization, culture revival. Therefore, many carrying the Chinese nation's fine cultural treasures of the brand, just a very promising future
