漫谈资金管理的重要性及内在逻辑（On the importance and internal logic of fund management）.docVIP

漫谈资金管理的重要性及内在逻辑（On the importance and internal logic of fund management） Financial management is a very important part of the system of investment, but most investors ignore the link, at least I know investment friends, rarely focused on money management, and rarely discuss the problems in financial management, a lot of friends love always Mancang, love all or most of the money funds heavily loaded with one or two stocks. Some domestic famous value investor, is almost always in Mancang state. In the bear market, fund management is not good the problem will be gradually exposed, so that investors are struggling or passive, mainly in the early opening and run out of funds, when the securities appear much lower price, has no ability to buy up; warehouse full of one or two securities sharply downward fluctuations after and bring the book floating huge losses, bring great psychological pressure to investors, and under pressure to make irrational investment operation etc.. In the recent stock market continued to fall under the environment, do not pay attention to the management of funds of investors may be scarred, suffered heavy losses, especially in the recent Hongkong stock market in some stocks appeared cliff fell, for no good at management of funds to investors, may suffer serious losses. I said the capital management mainly refers to the cash management and management positions. Cash management refers to the investors in the management of investment assets to cash for consideration and arrangements than here, cash refers to cash, but also refers to the cash equivalents, such as short-term bonds etc.. Position management mainly refers to the individual securities or similar securities in the portfolio control proportion and quota management etc.. How to manage money investors, resulting in a variety of environment can cope with ease? Lets take a look at several famous master of the value of the investment fund management is how to do. Graham, the originator of value