Chapter 82 Stock Picking VS Timing Picking
February 26, 2023 is Sunday. Yuansheng was reviewing the stocks at home. He heard the doorbell ringing. When he opened it, he saw that it was Zhang Sheng...
After Zhang Sheng entered the door: The tea sent from his hometown is real organic tea, and it has never been used for pesticides. I drank it, it's not bad, I'll give you some...
Yuansheng: Okay, the teas in various places have their own characteristics. They grow them by their hometowns themselves without pesticides. This is really good...
Zhang Sheng: People who trade stocks want to know whether stock selection is important or when choosing?
Yuansheng, stock selection and time selection are important. For example, Kweichow Moutai is the first choice stock in A-shares in the past 20 years, no one. In the past 20 years, who chose Kweichow Moutai, the more you stick, the more you make money, it has been since 2003
Starting at 25.88 yuan on September 23, 2021 (this is the repurchase price. If the repurchase is not repurchase, it is 20.71 yuan), it rose to 13,593.01 yuan on February 18, 2021 (this is the repurchase price. If the repurchase is not repurchase, it is 2,627.88 yuan).
In just over 18 years, Kweichow Moutai stock rose 525 times. Think about it yourself, how many types of businesses can make 525 times in 18 years? It can be said that there are almost no, or very few.
Why can Kweichow Moutai continue to rise? The main reason is that its net profit has increased significantly every year. Even if it has risen to 1,788 yuan (the re-equity price is 9,688 yuan), its price-to-earnings ratio is only 37 times, which is not high, and it is reasonable.
range.
Yuansheng remembers: It was probably 2010 (or 2009). In Pengshi, you can buy Feitian Moutai wine worth more than 300 yuan per bottle at any time (currently 2,600-2,800 yuan per bottle). The retail price is always much higher than the factory price.
For example, the current ex-factory price of Feitian Moutai is 998 yuan (retail price is 2,600-2,800 yuan). It is conceivable: How many times has the ex-factory price of Feitian Moutai been raised since 2009?
In short, every time the price is raised, Kweichow Moutai's profits will increase significantly, which is the main reason why it rose from September 2003 to February 2021!
Many people do not recognize Mr. Lin*. When he interviewed him at CCTV in 2006, he opened his stock account directly. People across the country saw that his account alone made more than 100 million yuan in profits. Think about it
In 2006, how many Chinese individuals could make more than 100 million yuan in one stock with their own accounts?
At that time, he said in front of the camera: Kweichow Moutai is the only stock in A-shares (even China) with a product that is in short supply. If I don’t buy such stocks, what should I buy? He also said: He will always keep Kweichow Moutai...
......?? �
, you will make a lot of money.
The number one player in Kweichow Moutai is generally at the department level. Because of using the ex-factory price for personal gain, two of the top players have been imprisoned in the past 10 years. This shows how attractive it is to buy the ex-factory price.
To be fair, at a low level, or in the process of 25.88 yuan to 13,593.01 yuan, you have never participated in the speculation of Kweichow Moutai. Then, your stock selection is not the first-class! Let's think about it: from 20.71 yuan to 300 yuan
In the process, Kweichow Moutai's stocks are considered low. We did not buy stocks that are not suitable for this kind of product, but we specifically buy stocks of companies with excessive products. Can we avoid being trapped?
Currently, there are more than 5,000 stocks in A-shares, of which 95% of the stock products are oversupplied. If you are very awesome, just find their sales department directly. They are happy to give you a commission of 2-5%...
.If you help them sell 100 million yuan every year, you can get 20-5 million yuan. If you can sell 1 billion yuan, you can get 20-50 million yuan. You are the sales hero of the company.
By the end of the year, they will rate you as...
Selecting stocks with insufficient supply, this is the correct choice of stocks; from February 2016 to January 2018, in less than two years, Kweichow Moutai stock rose 3.5 times. When buying stocks during this period, it is the correct choice of stocks; 2018 November
By early February 2021, Kweichow Moutai stock rose 4.7 times. When buying during this period, Moutai stock rose particularly fast, and this period was also the correct stock selection.
Zhang Sheng nodded in agreement: The correct stock selection can generally ensure that you will not lose money, and the maximum closing time is just a little longer. On the premise of correct stock selection, the correct time of selection can lead to rapid profits! Therefore, both stock selection and selection are very good.
important.
Yuansheng: Let me tell you a story and your understanding of stock selection and time selection will be more profound--------------
Everyone says "risks are proportional to benefits", but this sentence is wrong!
There is a huge variable between risk and benefit, which is called ability.
For example, walking a tightrope is a very risky thing for people like us who have never practiced it. But for an acrobat, everyone will think it is too simple and there is no risk.
Li Ka-shing once said: "Others say I am good at taking risks, but in fact I am wrong. I have never taken any risks in my life."
Why did he say that?
When he was young, Li Ka-shing sold plastic flowers. He worked in other people's factories and knew how to produce plastic flowers, how to sell them, how much money they could make, and other important factors in business. And he asked for the production.
Both sales are better than the factories he has been to in the past. How could he not make money? He is not afraid of not knowing the goods, but is afraid of comparing goods.
Later, Li Ka-shing invested in real estate, and some people said that he was taking risks, but he still felt that it was not taking risks. Because Li Ka-shing started researching those targets in advance a few years before investing in real estate, he knew very well how much they were worth, so he just waited for one.
The best price is just about entering, not taking risks.
If you also use Li Ka-shing’s method to buy stocks, would you still take risks?
Zhang Sheng said excitedly: It's so good! This story is so inspiring to our stock trading in the future! For example, it is safe to drive 30-60-60 in the city, and it is safe to drive 80-120 on the highway.
Yes. And professional riders, even on mountain roads, dare to drive above 200h (the highest speed is 300-400h, in the racing lane). Do we dare to buy 200-400h? We definitely don’t dare! Otherwise, we will be
Something happened!
So: choosing different stocks in the stock market depends on the person.
.............
Chapter completed!