In the stock market, the explosive power of the dark horse is much higher than that of the white horse, and the existence of the dark horse just verifies the curiosity of human nature. In this era of rapid development of material civilization, people usually have an explosive desire for wealth, so the dark horse has become everyone's dream. The dark horse is black because few people know it, and the word dark horse is destined to be known by only a few people, so the final result must be that only a few people make money. If it is black all the time, it is not black, and if it is black to the extreme, it is white. Speaking of white, everyone thinks there is nothing good about it. Because white is not rich enough, dense enough and exciting enough. Maotai was so beautiful in the bear market, black enough, black all the time, and finally white. When it comes to the bull market, it looks pale and everyone feels that it is not cool enough. Dark horses will eventually turn to gray, and gray is powerless. I don't remember how many years ago, when I was a wet behind the ears, I worked as a paint colorist for a while. Those work experiences are so precious that I realized a profound philosophy of life. It only takes a little white to turn pure black into gray, and it will be a little difficult to turn gray into pure black. It takes an infinite amount of white to change from pure black to pure white. The reason for doing stocks is the same. Common stock is gray stock. If you want to be a dark horse, as long as you have enough money, you can make him black soon. However, as soon as its financial report and operating conditions came out, it soon showed its true colors. However, if we want to keep hacking, we must have enough funds to keep hacking. If all the funds come in, it is not black, but white. Only those companies with sound financial management and sustainable development will always have funds to chase, but there are too few dark horses that can eventually become white horses, so it is very important to watch them. Dark horses can make you rich and famous in a short time, but in the end they often ruin everything, so it is almost impossible to imagine which black horse will become a stock like Maotai. A friend who doesn't understand stocks asked me what stock Maotai is, and I said that 20 years won't make you lose money. Almost everyone thinks that the so-called dark horse is a stock of one yuan to five yuan. Duan Yongping, the former chairman of BBK, found that when Netease's share price fell below 1 USD due to litigation, the stock of such an abandoned company actually had an operating cash flow of1USD per share. He consulted his friends in the legal profession. The success rate of the commercial lawsuit was very high, and even if he lost, it would not have a substantial impact on the company, so he bought in large quantities and finally reduced his holdings by more than 100 US dollars. He said that many people buy Netease shares under one dollar, but he may be the only one who stays above one hundred dollars. One dollar to two dollars doubled, enough, dark enough, but a hundred dollars is not convincing. A dollar earned by Netease is likely to be lost to GM soon. Dr. Zhu Shaoxing, manager of Guo Fu Tianhui Selected Growth Fund, once said, I think it is a famous saying, don't try to beat the market in a short time, but try to beat the time. The power of patience is great. If your eyes are unusual. I read a report a few days ago that retail investors will be phased out in China stock market in the future, and the remaining individual investors must have the level of fund managers if they want to survive all the time. This is not alarmism, but good advice. More than 70% investors in the United States indirectly invest in the stock market through mutual funds and other tools. In Hong Kong, just like in Hong Kong, 5 million yuan is just a small house for a dime a dozen organizations. Of course, not all funds can make money, and many funds in the United States and Hong Kong are losing money. I believe this will be the future of China stock market. Warren Buffett also said a very philosophical sentence, if you don't want to hold this stock for 30 years, then don't hold it for a minute. If someone you don't know starts a company and he says he doesn't want to play because he has no money, will you be willing to transfer it to you? If you want to come down and try to transfer it to others at a higher price, you will certainly fail. You can try if you don't believe me. The stock index keeps hitting new highs. In the past month, at least half of the stocks were weaker than the broader market. In fact, the bull market of many stocks ended as early as two months ago. I don't usually answer the question of love, how much the price goes in and how much the price goes out. I will only say whether the stock is worth buying or holding. Technical analysts know that short-term prices are random. The market price is beyond one person's control. I always think that the stock market contains rich philosophy of life. Life is like the stock market, with ups and downs, and the stock market is like life, with ups and downs. It's getting late. I should have a rest. If you have the patience to read what I have written and understand it deeply, you will benefit a lot. Bless you! -New Year is always beautiful!