Product description
Taking the author's investment practice as a clue, this book explores how to obtain high returns beyond the market through effective cyclical utilization and rational decisionmaking in a chaotic economic phenomenon.
This book starts from the perspectives of human rationality and irrationality, individual cognition and group cognition, and human diversity. It reveals how to judge human nature, individual behavior and market behavior, how to screen investment varieties, how to grasp the economic cycle, and how to correct thinking misunderstandings in investment. It reminds us that when investing, we should discover investment targets with real value, invest in areas where we are good at, seize the rtunity and pay attention to applying scientific analysis methods.
This book also shows the author's thoughts on money, happiness and life, reminding us that a rational investor should be cautious about pessimistic predictions and firmly believe that longterm growth will continue. At the same time, investors should combine risk taking, risk diversifying and longtermism to do the smartest thing investment.