"That's true, but ......"

"Okay, don't talk about it, try to find a few good stocks in the recent past, I'm not afraid that the stocks you recommend don't make money, I'm afraid that you don't recommend stocks, when customers buy stocks or funds, they will shut up when they are trapped, and they are anxious to make money at other times." Xu Mu looked disdainful when he talked about the behavior of customers, he was not willing to wait for a day, but he wanted to make more stock profits than Buffett.

"I'll do my best......"

"Well, wait for your good news, just choose from the cyclical stocks, if you recommend an unpopular stock, the customer will think that you are unprofessional, and you didn't buy it when other stocks rose," After Xu Mu finished speaking, Lin Shi walked out of the office.

Lin Shi was silent, he didn't like to pick stocks at random, especially with a little bit of "forced", he felt that he had to be responsible for the company and the customers owned by the company, but ...... At present, the company only wants to recommend a few stocks casually, and does not want to be responsible for customers, which can't help but make Lin Shi a little helpless.

"Did the manager say something happened to you?" When everyone saw Lin Shi come out, they fell into silence, so they asked one after another.

"That's not true, it's just that I have recently picked a few cyclical stocks that are rising." Lin Shidao.

"Aren't you okay with these kinds of stocks? At least the steel stocks you chose before are cyclical stocks. Zhuang Yingying said.

"That's news and luck, if I were to pick a cyclical stock that was rising, and I didn't know anything, I don't know if the stock would fall or rise in the future, and when the uncertainty factor was high, the risk would be high." Lin Shi explained that he can't rely on luck every time he chooses stocks, without the support of fundamentals and news, he is simply a "timid mouse" analyst.

"You should know that cyclical stocks are a special kind of value analysis, and the peculiarity lies in the fact that for most stocks, low P/E ratios are a good thing, but this is not the case with cyclical stocks. When the price-to-earnings ratio of cyclical stocks is performing very well, it may indicate that the company's performance has entered a boom*, at which point confused investors may still choose to buy and hold, but smart investors choose to sell; Conversely, stocks with high P/E ratios are bad for most stocks, but they are good for cyclical stocks, and when cyclical stocks perform extremely poorly for several years in a row, they are a great buying opportunity! Zhang Yuqian talked about her thoughts on cyclical stocks.

"Yes, I know what you said, buy cyclical stocks when the P/E ratio is low, and then sell when the P/E ratio is high, but now when cyclical stocks enter our sight, they are already at a high valuation, we either dance with Zhuang, or watch the stock rise with a cold eye, the most important point is that the company is not willing to wait, and customers are even more unwilling to wait, even if they know that you buy a cyclical stock with a low P/E ratio and will make a lot of money in the future, they will not let you hold it until that time." Lin Shi was a little impatient in his heart, not that he didn't want to choose a good stock, but that he had relatively high requirements for stock selection, even harsh!

"I did have a method that was taught to me by an uncle who worked on Wall Street, and it didn't work out at all." Ou Yingqian saw that everyone didn't put forward good suggestions, so she suddenly spoke.

"Tell me about it." At this moment, Lin Shi is willing to listen to anyone's opinion, even if this opinion is not very good, it can inspire him to a certain extent.

"My uncle told me about an interesting experiment: in the late 80s of the 20th century, the Wall Street Journal organized a famous public competition that lasted for several years, and a panel of experts composed of the most famous stock analysts on Wall Street at that time and a gorilla that could throw darts on the other."

"Method: Put the Wall Street Journal stock quotation page on the wall, and the gorilla throws the newspaper with a dart, and the hit stock combination is determined to buy the stock portfolio, and then hold the stock to sell for a specified period, at the same time, each round of the competition picks out a group of the most famous Wall Street analysts, buys stocks according to their publicly recommended stock portfolio, holds the stock until the specified period of sale, and then compares the investment yield generated by the stock combination selected by the two methods to determine the winner, and the result is that the gorilla wins, which is the famous dart stock selection method." Ou Yingqian thoughtfully told a story her uncle told her.

"You mean pick a random stock?" Lin Shi frowned, not knowing what the significance of Ou Yingqian saying this experiment was.

"You don't understand this, anyway, the rise and fall of stocks can not be predicted, it is better to choose a few stocks to hand in, if it rises, it rises, if it does not rise, it does not rise, we only need to hand over the stocks, to a large extent, speculation does not pay much attention to education, but to pay attention to timing and luck." When Ou Yingqian glanced at Lin, she seemed to be looking at a fool.

"I think this method works, since it can't be predicted, it's better to let luck dictate the rise and fall of stocks." Lv Yindongdao.

"But in this case, the safety of customers' funds will not be guaranteed?" Lin Shi was a little hesitant, but he felt that this method was really good for some cyclical stocks, and he couldn't find which stocks would continue to rise, but for now, they have all risen.

Du Wenjian listened to Lin Shi's words and said with a wry smile: "It seems that you still don't know your situation, you are doing things for the company, not for customers, first do what the company requires you to do, and then take care of those irrelevant customers." ”

"Then try it, pick a few stocks of automobiles, precious metals, steel and coal, write them on a small slip of paper, and then we'll draw them." Lin Shi did not hesitate any longer, but decided to adopt this seemingly useless method.

"Really? That's great, I've been looking at cyclicals before, and I'll be able to offer you some of the better ones right away. Zhou Yunmeng was overjoyed, she had been selecting some good cyclical stocks before, just waiting for the people in the analysis department to use them when they needed to conduct research one day, who knew that it would come so quickly today.

"I also have to put forward several requirements for cyclical stock selection: first, the product must increase in price, second, to see the improvement of fundamentals, and third, there is no significant loss in the company's annual report." Lin Shidao.

"It's simple, most of the cyclical stocks are rising because of the short-term supply and demand of fundamental improvement products, and it is not very difficult to meet these requirements you said." Zhou Yunmeng said with a smile.

"That's good, then we'll see who catches the stock with the highest gains." Lin Shi said calmly.