"Short stir-fry and long-term are equally important." Su Yu said, "We must have institutional thinking, but also have the level of operation of the capital, that is to say, if we want to make beautiful performance in the short term, we must not only compete with the institution for chips, but also compete with the capital to guide the concept of the market to speculate the market." ”

"Funding is ...... in two parts"

"Part of the long-term investment, choose high-quality stocks with huge performance explosion potential."

"This part of the funds, after buying chips, as long as the fundamentals are not cashed out, then no matter the stock rises or falls, they will bite the bite, during which traders can be used to carry out intraday operations, the appropriateness of reducing the drawdown between positions, and training traders to feel the disk and the principle of transaction execution."

"I decided that you would be responsible for this part of the fund operation."

"The other part of the funds, set aside for short-term hype of aggressiveness, for emotional investment, this part is in charge of me."

"The net value of short-term speculation will fluctuate greatly, but long-term holdings, net value fluctuations are relatively stable, and the two are compatible, whether it is the risk drawdown, or the net value trend, it should look better."

"But whether it's short-term speculation or long-term holdings."

"The strategy of investment around the main line of 'mobile Internet' is unchanged."

"Yes!" Li Meng replied, "As long as it is conducive to the growth of the fund's net value, whether it is a long-term holding strategy or a short-term speculation strategy, I don't think it matters."

"Since there is no objection to the operation strategy......"

Su Yu opened the door and walked into the room, changed his shoes, and said with a smile: "Then let's discuss the selection of individual stocks under the main investment strategy." ”

Saying that, Su Yu didn't wait for Li Meng to respond.

I walked into the bedroom, changed my clothes, and then hugged my laptop and came to the living room.

Li Meng changed into a slightly loose pajamas, and then cleaned up in the bathroom for a while, then came to the living room, and also turned on his computer, showing Su Yu the proposed investment target he had selected.

Su Yu glanced at the stock she had chosen earlier.

I saw that it was mainly distributed in several major sectors of white electricity, medicine, electronic information, and mobile Internet, with stable stocks and radical stocks.

The stable ones with excellent historical performance are mainly Midea, Gree, Fuxing Pharmaceutical, and Changchun High-tech.

Relatively radical, there are Goertek Acoustics and O-film Technology, which have entered the Apple industry chain, as well as Flush and Oriental Fortune in the field of mobile Internet finance.

"White goods and medicine are the long-term bull plate fields in the market bull and bear crossing."

As Su Yu looked at his stock selection plan, Li Meng explained the logic on the side: "And the cyclicality of these two major industries is not obvious, and they are still in a period of continuous growth in the industry, further penetration of the market share of excellent companies, and simultaneous growth in performance and industry scale." ”

"Gree has occupied an absolute leadership position in the field of air conditioning, with significant technology and brand moats, and ...... I heard that the follow-up product line will expand into the field of mobile phones, and its dividends and historical performance are excellent, and in the entire A-share market, it should be difficult to find stocks with better fundamentals than it. ”

"As for beauty...... The brand effect and the market penetration rate of the main products are further improved, and its product line expansion, category expansion, more radical than Gree, in the continuous growth of white electricity, the snow road is very thick industry, its potential for continuous growth, I think Gree, should be comparable. ”

"Fuxing Pharmaceutical, excellent performance, whether it is its research and development capabilities, generic drug market production, sales capabilities, or its expansion capabilities are difficult, in the domestic pharmaceutical industry, it is considered an evergreen, upward sustainable growth space is unknown, but there is basically no downward space, it is quite a steady growth stock."

"After the merger of Changchun High-tech in Jinsai Pharmaceutical, its fundamentals have undergone fundamental changes, in the field of growth hormone, in terms of market share, it is basically a unique business, with a monopoly nature, and from the perspective of its historical performance growth, although everyone does not care about the problem of 'height' on the surface, in fact, it is very concerned, the explosive performance growth potential of this stock may not be high, but the potential for continuous growth is quite strong."

"The logic of Goertek acoustics and O-film technology is naturally 'Apple mobile phone'."

"The best-selling of iPhone products, there is no doubt that the two companies are on the thigh of Apple, and they are also in the big wave of 'comprehensive replacement of smart phones', and their performance continues to explode potential, which is quite huge, and although these two stocks have been hyped by the market for one or two rounds, the overall valuation level is not too high, and it can be used as an offensive investment target."

"Straight Flush and Oriental Fortune ......"

"I made my choice according to the main line of 'Internet finance' you said."

"You and I are both in the securities industry, and we usually use these two platform software to access information and trade, although their current profit model is completely dependent on advertising revenue and information value-added services, and the user's monetization ability is not very strong."

"But carrying the express train of 'mobile Internet', in the process of continuous accumulation of user volume."

"As long as you find any new liquidity point, the performance can usher in a multiple-fold explosion, and the potential is still very large."

Su Yu listened to Li Meng's logical explanation, bowed slightly, and said: "Your previous stock selection strategy, logically speaking, is not a big problem, and it is like your style. ”

"But now we have decided to start with 'mobile Internet' as the core line."

"And there is an urgent need to improve performance."

"So, the few conservative stocks that you have chosen, you have to put them on hold."

"It is true that Gree, Midea, Fuxing Pharmaceutical, and Ivy High-tech are all excellent stocks and excellent companies that can cross the bull and bear and are on the snow road of continuous growth."

"But because the whole market knows that they are good companies."

"Therefore, in terms of expectations, it is difficult to have performance that exceeds expectations, and it is naturally difficult to have stock price performance that exceeds market expectations."

"Hmm!" Li Meng nodded, but did not refute this.

Grain Radius

Indeed, when everyone knows that this is an excellent company, then there is naturally enough expectation of its performance, and the current stock price has naturally fully reflected the current market expectations, and it is difficult to obtain any excess investment returns.

It's like a class where the top few students are already in the exam.

Everyone knows that he usually takes exams and can score more than 90 points, so when the results come out, he scored 92 points, and everyone will naturally not be surprised.

But if a student who usually only scores 50 or 60 points in the test suddenly scored 92 points.

Although the grades are equivalent to eugenics.

But everyone's reaction is completely different, and the degree of praise received will naturally be different.

This is why in the market, sometimes excellent stocks do not rise, while stocks with average fundamentals rise, because in essence, the logic of stock prices rise and fall is expectations, not fundamentals.

Stick to the fundamentals and speculate on stocks, and ignore the logic of expectations.

Stocks that feel that the fundamentals are excellent and the historical performance is excellent should rise, and stocks that feel that the fundamentals are junk should fall, and I am afraid that it will be difficult to make money from the beginning to the end.

"And what about the targets you chose?" Li Meng pondered for a moment and asked curiously.

Su Yu turned the computer screen towards her......

Li Meng took a serious look and saw that the stocks selected by Su Yu basically revolved around the core main line of 'mobile Internet', but the distribution of individual stocks belonged to different subdivisions.

"Fenda Technology, Internet Speed Technology, Huaqingbao, LeTV ......"

Li Meng looked all the way and found that except for the two stocks of 'Straight Flush and Oriental Wealth', there was nothing identical.

"Fenda Technology, Internet Speed Technology, Hua Qingbao, and LeTV, these checks, from the bottom, have basically risen at least doubled!" Li Meng said with some surprise, "And to be honest, the current ...... Although the market is blowing hot, the prospect space of these tickets may be difficult to realize in the end. ”

"You don't need to cash in on the final performance, you just need to cash in on logic and expectations." Su Yu said, "No one can say how far the future performance can be, even the world's most professional investment research institutions, and even the company itself, can not know their performance in two or three years." ”

"So, we only need to look at the ticket with the broadest expected space in the market in a year."

"After all, stock prices are speculating on performance expectations, not performance."

"Judging by current market expectations......"

"Fenda Technology has obtained Apple's technology certification, cut into the wearable market, in the wearable market is still in a hazy state of development, everyone's expectations for it are obviously much larger than the mobile phone industry chain stocks that simply report Apple's thighs, and its performance also has enough room to fulfill expectations and imagination."

"Netspeed technology occupies an important juncture of 'network acceleration node'."

"In the future, everyone will become more and more dependent on the Internet, and the demand for browsing is getting higher and higher, backed by the 'mobile Internet' user increment outlet, its market expectation space and performance imagination space are extremely strong."

"Huaqingbao, as the only enterprise with full qualifications and licenses in online games, stands on the tuyere of the outbreak of mobile games, that is, it has grasped the first-mover advantage, grasped the opportunity to expand steadily and at will, and enjoyed enough dividends, and seized the opportunity of the development time of the industry."

"It doesn't matter if it can really grow up in the end, under favorable congenital conditions."

"At least in the current market expectations, it has become the 'mobile game' line, the strongest expectation, the largest future expectation of the stock, of course, when its first-mover advantage, gradually lost, and its own fundamentals and performance, there is still no fundamental change."

"The logic of expectation will naturally collapse, and it's time to leave."

"As for LeTV......"

"Under the operation of Boss Jia, it is no longer just a video website, after the 'super TV' strategy was proposed, the market cut into it' Smart TV equipment'field is very optimistic,And its own video content production and user volume,At present, they are in the explosive growth stage,According to Boss Jia's words,What he wants to build,Is an ecological platform,Not a simple video website platform,Although we can't be sure whether this is true or not,Can't be sure if this strategy can be completed,But at least in the current market expectations,It has the potential to become a giant enterprise in the future 'mobile Internet' era,And this ...... That's enough. ”

"The logic of the straight flush and the wealth of the East, you just said, I also agree with it."

"These two checks are essentially closely related to market sentiment and traditional brokerage business."

"We are optimistic about the future of the market, so in the 'Internet finance' under the emerging main line, these two corporate platforms, as the majority of investors in the market use stock trading assistance software and information channels, is naturally not to be missed, and it is foreseeable that with the improvement of market investment sentiment, with the mobile phone smart terminal gradually replacing the PC side, a wider range of investor groups."

"The user groups of these two platforms will definitely have a great jump in the future."

"In my opinion......" Su Yu finished talking about the logic of the stocks he chose, paused, and continued, "Investment is a knockout game from virtual to real. ”

"No one can predict which company, which company, will be able to perfectly deliver on expectations in the future."

"What we can do is to follow the trend of investment in accordance with our own cognition, in accordance with the choice and logical expectation of market funds, under the premise of meeting the maximum expected space of the current market."

"And then on the way to invest, as the share price and expectations change."

"Gradually weed out individual stocks that don't meet expectations, and then ...... Make the next selection. ”

"I don't like to be in a relationship with stocks."

"Because in my opinion, no matter how good a company is, its performance will fall short of expectations, because there are no companies to ...... Be able to grow forever. ”

PS: The logic in the text, personal opinions, different opinions, please don't take it seriously, just watch it as a joke, thank you!