I have a classmate, who is the village director in a village in Dongguan. A few days ago, I asked him to dinner with him. I talked about the current domestic economic prospects and the stock market.Stocks.
After in -depth exchanges, I found that the investment style between me and him is completely different.I love it, and there are hundreds of stocks I bought.Lao Ye is very dedicated. He said that he has been buying a stock for more than 20 stocks for more than 20 years.I was shocked after listening. This is a proper investor.
How do I ask his record?He said that he had not been calculated, but he never lost, and the annualized return should not be less than 10%.
I am stunned.I said you are more than many fund managers, I dont believe it.
He opened his securities account with a smile, showing that there were only 2 holdings, a yield of 380%, and a yield of 565%.The total account rate of accounts is 496%.
I am stunned.I said you are simulating stock trading, right?But looking at it, it is indeed real.
I cant help feeling, the master is in the people.
I constantly ask his investment ideas and prepare to copy homework.He said that he couldnt copy his homework. Investment based on personality and personality determines destiny, that is, the investment level can be seen from the personality.
I dont believe it, let him talk more, and the personality can also be changed.
We talked for another three hours.
He said: The reason why I will not lose stocks is mainly because investment stocks are regarded as deposits in banks, and they are regular deposits.I do n’t sell if I lose, and I only consider selling it when I make a profit.And my stock has more than 3 points of dividends a year. It is just to get interest. When the stock price is rising, it will return it. This is much better than the bank.Anyway, I have not lost for more than 20 years.By the way, I do n’t have stocks. I rarely trades, as if brewing. The last process is the cellar, the longer the better.
I said, you are not afraid that he wont come back?Such as ST.He said, so I was very cautious. Choosing stocks would be like choosing a house. It would not be bought in a few months of research, and the stock price should be cheap enough when I buy it.
I asked, how do you know that it is cheap enough?He said that looking for references, comparison in the same industry, comparison of their own companies in different years, there are always cheaper when they are cheaper.
He said: So I dont like the shock market, and I dont like the bull market. I like a bear market, because I can buy cheap stock prices.
I said you are really a strange ...
Now it is recalled.
First, the dividend rate is less than 3%.
Second, those who have been listed for less than 5 years will not be bought.
Third, non -state -owned enterprise holding does not buy.
Fourth, unstable performance does not buy.
Fifth, there is no obvious moat.
Sixth, do not buy it with free money.
He is very generous. He showed me his self -selected stocks in recent years and obtained his consent. I copied the code.Just sorted out the following forms.
There are really not many optional stocks, just like others, very specific.Now his wife is his primary school classmate. It is said to be a bamboo horse.
Although I copied the code for me, he repeatedly emphasized that dont blame him, his investment cost is far lower than the current stock price.I said, of course, I know, but I just learn your investment philosophy through investment objects, and I will definitely not copy it.
Looking at these stocks, I cant help thinking that if you buy a few years ago, the stock price will definitely be lower.If the annual dividend rate is constantly rising, is there any need to sell?
