< hundred arrows Wear Yang > Reading notes

1. Quietly long-term safe profit, although not as short as quick money to fry to make blood boiling, but wins in calm, Enron, long
2. The important thing in life is not trying to run, but the direction of running
3. In a long investment career, the most important first to avoid big losses, followed by how to make a lot of money
4. Looking for good business in a good industry
5. Good industry standards: unlimited demand, limited supply
6. The standard of good business: either the only one, or the first
7. Enterprise principle: 1. Is this business simple and easy to understand? 2. Is the company's operating history stable? 3. Is the long-term development of this enterprise promising?
8. The lower the debt ratio, the better the more cash in the asset, the higher the gross margin of the product, the better the lower the receivable.
9. Operating income is the financial data of the Annunciation Bird
10. To improve the success rate of a good enterprise, reduce the rate of failure, we must focus on the selection of leading stocks in the good industry. When the leading stocks in a good industry fall into a short-term predicament, they should pay more attention to the audit of their financial security in the waiting period, through periodic review of the quarterly report to find the important signs of reversal, that is, the early tidings of operating income
11. Trading on the right refers to the stock price bottoming out before it follows the trend to buy
12. To have fault-tolerant thinking, the bottom is an interval
13. Five-way low buy method, refers to a single stock to do a full study, a combination of various factors analysis, roughly estimate the low price range, and then start from the low price down to delimit five low buy interval (should be a certain price width, interval 10% ~20%)
14. More cattle stocks scattered around the capital
15. No matter what time of the warehouse, whatever it is, keep some cash.
16. In the large field of vision, large-band adjustment, usually basically do not move, do not develop frequent trading short-term speculative abuse
17. Keep the bottom position and sell the cash
18. Strong does not change the weak, win pole only change
19. In the development of the bull market, there is a need to firmly remember that there are no more than a few times the increase, you must not change the strong shares of weak shares
20. Don't get into the habit of selling stocks by losing money easily.
21. The law to be called the stock market winner is: Do not buy backward shares, do not buy sympathy shares, the whole heart to lock the leadership unit
22. The secret to holding a long-term bull stock not being washed away: good mentality trumps good technology

Here's the book.

< hundred arrows Wear Yang > Reading notes