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How to choose a company and industry when it comes to the original situation.

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Although I do not want to admit it, the facts are there. Education in the stock market is basically useless, investment experience and technology basically determine your income. During this period of time, the old Cao of the Engineering Department could say that he slapped the entire group in our office, and he was really not convinced.

Everyone in our office, the stock market performance during this period can be said to be a complete mess. The SAIC Group, which Liu bought 22 yuan, was trapped, and Nanjing Securities, which bought more than 10 yuan, was also trapped. It has been two years since Chuck Xiaojin bought China Ping An Set for 90 yuan. The only bright spot is the old Sepihua master. Although his OCT A has gone through a wave of trend in the early stage, the retracement of these two weeks is also relatively large, and the stock price has broken through the 30-day line.

“Lao Hua, can your OCT run? If you don’t run, the profits will be lost to you!” OCT fell again today, and Liu seemed more anxious than Master Hua himself.

“No hurry, as long as it doesn’t break the previous 8 yuan and 7 mao 1, I won’t run. I have profits and safety mats. I will go through countless twists and turns in the trend market, and I have to adjust.” Master Hua stroked his neck. Between the gourd pendant, it seems calm and unhurried.

“Do you think it is important to choose the company or the industry?” Xiaojin, who usually doesn’t talk much, said at this time. During this time, I saw two more books on his desk, smart investors and how to choose growth stocks. Obviously Xiaojin has been charging continuously recently.

While Xiaojin was groping alone in the dark tunnel of the stock market, Lao Zhang held the thermos cup and spoke without hurries: “When we choose investment targets, we will face many trade-offs, because many times the investment targets are not perfect. As far as the current period is concerned, the first type of industry is good, the company is good, and the moat is now more expensive. The second type, the industry is good, the company is generally cheaper. The third type, the industry is average, the company is good It’s also relatively cheap. As for those industries that are average, companies are also average, and even loss-making, flawed companies are not worth considering from an investment perspective.”

Lao Zhang took a sip of tea and continued: “The three possible situations mentioned above, how do you choose, who you buy and who you don’t, and how to match them? This is your personal idea. The final result is also There will be a lot of luck. I suggest that for the best industries and companies, if the valuation is at least reasonable, you can’t choose the ones that are too expensive. The industry is average and the company is good. You can also choose if the valuation is cheap. In the end, if the industry is good, companies generally don’t want to buy them. Unless there is a short-term strength in this kind of stock technology, but it can only be a short-term one, not in love.

I have to say that Lao Zhang, an old mage, really has two brushes, and my eyes are bright as soon as he opens his mouth. Unknowingly, the holdings of so many people in the recent unit were transferred to the three situations mentioned by Lao Zhang.

Xiaojin’s Ping An of China, the industry is average, the company is good, but the valuation is not cheap, so he does not make money.

Master Hua’s OCT A also belongs to the general industry, and the company is good. The difference between it and Ping An is that the valuation is cheap, so Lao Hua can make money.

Liu’s Nanjing Securities is a general industry and a general company, so he doesn’t make money either.

The Lushang Development and Fangda Carbon that Lao Cao bought belong to the general company, but the industry is in the air. This old guy is also smart, starting from the technical side, seizing the short-term strong period of this type of company, and frequently doing short-term short-term. So Lao Cao makes money.