成长的代价（The growth of the price）.docVIP

成长的代价（The growth of the price） Im Zhai: buying, holding, tracking strategy is always what I insist. But often think, if in the core premise of outstanding enterprises is still relatively healthy, encounter unexpected crisis, stock price plunged the irrational investment income will juncture, faster and better? As the year of the pollution incident in south of the Five Ridges; milk in Yili; two years before the economic crisis in China Merchants bank. Opportunities can not be met, but is really attractive. - respect you: culvert. I cant answer you, our 4th anniversary summary to you is able to clearly explore (no email, I was posted). Zhaijingyong The growth of the price 4th anniversary - banyan Investment Review From May 18, 2008 to May 18, 2010, the two years we did not make money, but also the loss of 20%. Two years did not make money, is not with any objective reason to defend himself. The subjective mistake, the value of the investment value of enterprises do not understand, do not understand, pay more attention to the stability of the assets is the main cause of no profit. This is our growth made in the inevitable process error to get the market punishment. We hope that we can grow in the wrong, can not always make the same mistake in investment. Since 2003, the value of the investment to make a transition, we made a lot of mistakes. The beginning did not pay attention to the property industry. We invested capital high investment in industries such as steel, automotive and other industries, in the market of education, we must realize that the investment can outperform inflation began to shift investment industry, consumer goods, pharmaceuticals, real estate, bank, fine chemical industry in 04 years of varieties. At the beginning of the 2001 bear market participants to bring great suffering, we also choose at this stage to a number of outstanding enterprises underestimated, in this particular period of time let us taste the sweetness of the value of the investme