"If you are on the wrong track, run is also useful."
This is an important reason why it is recommended to sell poor quality stock.
This is especially true for investment. Choosing the right track is more important than running hard, because good companies are easy to emerge on the good track.
To invest in the "three good" students, you must choose a good industry, a good company, and a good price.
In the industry, choice is more important than diligence, and choosing a track is twice the result with half the effort. To choose growth industries, industries in the early stage of the life cycle, these industries are often easy to create huge value increments.
Of course, there are many industries, or all industries will mature. At this time, it depends on the competition structure of the industry. Different competition structures will bring different shareholder returns. The competition structure determines the long-term shareholder return.
No matter how good a company is, an excessively high price may also lead to a negative rate of return. We as investors must be objective. Investors may face losses when companies are overvalued.
Most importantly, invest in the future, not the past. The purpose of studying the past is to allow us to better judge the future, and then find companies that will continue to create high returns in the future, share the incremental value created by the company, and allow shareholders to get returns. The growth of a company is inherently a part of its value, and investment must look ahead.
Ps: This article is taken from those "scam" telegram group. So don't take it seriously😂. I am just using their content to earn the tiger coin. And maybe also help you all to complete the "warm up task" Cuz why not make use of the scammer when they want to feed me with content.
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