Category: Money tips Release Date: 2006-04-19
In the United States on Wall Street there is a popular saying: in the stock market, he succeeded in doing a band, than in the air to catch a falling harder to Flying.
A series of empirical studies also continues to prove this point. A domestic fund companies, according to the statistics, in mid-July 2005 to mid-September of this year the most obvious band can really do is relatively low (the lowest point around 1012 points 3 days) purchase, relatively high (up to point of 1220 points before and after 3 days) in the amount of clients only two, accounting for 101,595 customers compared to 0.002%! Further studies have shown that the rate of return customers and holding time is exactly proportional, in other words, the most profitable customers are precisely those simply buy-and long-term holding people. What does this show? Sentence: simple for the United States.
Buffett's style is simple. He said that he likes "simple business." In Berkshire's subsidiary companies are reaping huge profits which, no industry background is a business complex, difficult to try to figure out the. A well-known companies on the simple explanation is on the Coca-Cola: "We produce concentrated syrup, and in some cases, directly made drinks, we sell it to those authorized retailers, wholesalers and a few bottles and cans . " This is the Coca-Cola's 1999 annual report on the company's main business, commentary, more than a century, the sentence commentary has appeared in its annual report for each of them. We can say that it is simple and timeless Buffett excavated from a company where treasures and the collection of Tips.
Is such a simple, creating a generation of shares of God, even though it almost is honest, simple in the market is not easy to win applause. In the "short-term is golden" under the concept, in the choppy sea stocks, short-term customers who like the shuttle on the cusp of beach-goers in general, dreams to experience the thrill of the difference band, they earn less overall unable to escape the iron law of more than lose.
In fact, it is like I on the "Road" and elaborated: "The Big Yin Xi Sheng, elephants intangible" --- the greatest music but sound no sound, the largest trace the image becomes invisible. I also said that "through-if Qu, Tai Qiao, if clumsy, big debate if Nool" also have the same flavor. Later, Su added together, that is, "The brave, if confidence, Taizhiruoyu."
Thing in the world is so wonderful, the real success of the investment we have never missed with clever tricks and wicked craft. A lot of smart people in the world, but also a large number of, is "too clever tricks, and anti-missed Grief life" people.
