The stock markets in China and the United States are in different environments. There is nothing wrong with the concept of value investment itself. If everything is fair and value determines the price in a credit society, from the long-term trend, it is the best choice to choose a blue-chip stock with very good growth performance to invest.

The history of American stock market is hundreds of years earlier than that of China, and it has experienced a great crash in history. Up to now, there is a very mature system, and the screening and assessment of listed companies are very strict, so the stock price is basically stable. In this case, stocks with good long-term investment performance are valuable, that is, Buffett and Peter Lynch are suitable for their value investment. In China, however, the development of the stock market is only 2 years, and the conditions are far from mature. Speculation in many stocks is far better than investment, and the artificial speculation factor is obvious, and there are many stocks with serious deviations in value and price. In this way, it is also a risky thing to invest in value. Obviously, a stock has gone up a lot, and it is highly hyped. It is unnecessary to insist on making value investment and holding it for a long time. If you persist, it is very likely to return to its original position or even be locked up, so it is also appropriate to collect it in the stock.

For retail investors, with limited funds, it is impossible for a stock to last for ten or eight years. Therefore, it is necessary to have a set of investment ideas suitable for them. The theories of Buffett and Peter Lynch should be applied in combination with our reality. If a stock rises to its target price soon, why should it wait for ten or eight years? There is also a wise saying in the stock market: it is safe to drop your bag. With our little money, we'd better keep our money bag and feel at ease.