If in 2014, we have $ 100,000 and invested in shares of the bank type. If you purchase Standard Chartered Bank (2888.hk), you now have an insufficient market value of 50,000 yuan. However, if you make a purchase of Hang Seng Bank (11.hk), then your stock market value is about 130,000 yuan.
Both are familiar banks in Hong Kong and their market value may change more than once in less than three years. This shows that in the investment world, small decisions have significantly affected your performance. In fact, by 2014, we need to watch Standard Chartered Bank’s annual report and Hang Seng Bank to review it. Maybe we can see the instructions.
Standard Chartered Bank’s 2013 annual report indicates that business growth has been stagnant, earnings and profits have fallen for the first time in more than a decade, bad debts have soared, and international bank investment has failed. This is a difficult problem. On the other hand, Hang Seng, the Czech Republic favorable increased, and shareholder returns remained high. In almost all aspects, it was much better than Standard Chartered. I believe that around people want to analyze, we can get a better option.
Investment can not be felt
Peter. The Forest District writes that “If you work on investing without doing research, you’re playing poker and we’re not watching cards.” I think everyone in the game is just aspiring that they will not be watching an opponent, not themselves. Therefore, working on a good analysis will definitely improve the performance of investors. But the question has arisen, how can we be considered a good analytical activity?
In the stock market, there are so many investors who use the opposite method of choosing a stock. Some people listen to technical analysis, ie, trade through historical price movements. Some people choose stocks according to effective market hypotheses, that is, stock prices fully reflect the value, and this paper will concentrate on discussing the method of choosing shares called “value investments”. The
In value investing, the majority of the time focuses on fundamental analysis (analyzing firm value from the financial and operational aspects), and the difference between value and price. It’s like a private sale and purchase company, each buyer will struggle as best as possible to know everything about the company. For example, if you were to buy a restaurant, you would certainly see nearby restaurants, closest restaurant likenesses, how long the rent, rent, the need to re-decorate, and the staff and the process. How is that, and how much revenue and its cost before? The
In fact, the fundamental analysis of the stock may be almost the same as the one above, and it’s all about knowing the company. Of course, because of scale or industry, listed companies are sometimes more complicated, but the purpose is the same.
Fundamental analysis of a company is an important step in value investing, the main benefit is to assess the value of the company and assure its quality. When there is a rough estimate of the value of a business, the value of the investor can be compared to the market price, which is very different from the private market. The listed companies have market prices, but like Charlie. Mengge said:
“Only half the price of a company is fact, but the other half is the person’s point of view.”
So perhaps you will pursue that there is a big gap between the price that is delivered by the market relative to the value of the company. And when you pursue this gap, you can not buy it immediately. After all, you should know that there are certain propositions for the market to give up this price, it may have a large number of convertible bonds, perhaps the industrial market is dim, perhaps the market is in a panic. No matter what the reason is, everyone needs to know the reason for the disaster and avoid losing money because they do not understand it. It’s like Buffett:
“In the game, if you still do not know who dish in half an hour, then you are a dish.”
If we understand the proposition behind the shame and still believe in the value of the company, you can buy it. But after you buy it, you must know that value will change, so remember that if something creates a change of value, you should evaluate home and make decisions when needed. The value-investing process is probably the same thing.
Ten errors committed by Texas Hold’em beginners can easily be done, around you struggling to avoid the following mistakes, you will soon be a winner!
First, in the absence of stability, never with ALL IN whole people.
Second, in the absence of stability, it is not easy to write the All-in. Cards are very critical and stable this does not rarely appear, so not a little chance there for you. Not infrequently times stable, but when there is a large hand in hand, it is most difficult to create a complete decision after careful analysis and evaluation. Skill is mainly painted in this aspect, especially considering the opponents’ predominance and psychology when pressed.
Third, performance should not be too weak and there should be no virtue. Weak performance makes it easier for people to kidnap chickens.
Fourth, in a certain atmosphere, you can steal a chicken. If we never kidnap chickens, it does not matter, it’s a shame we can kidnap the stolen card without steal it. This is the art of kidnapping chickens, we can not kidnap chickens because of your insistence, People will follow them impulsively.
Fifth, All-in is the largest. When you find a stable card, it will be an All-in in not a few cases. Only when the card is a small person, alleged that they will not be able to follow. Only when they are not All-in, whether they can increase or minimize the number of chips they can get, because the whole family runs away and we can not get more. The grandchild wrote that all the soldiers were also blasphemous and could not show it. When someone adds an extra meter and then adds, the will to win the most strongly, we have a stable and “no add” card to lure a different person to the next level, which is the highest state of Texas Hold’em.
Sixth, when there is a small card, it is best to give up. In so many cases, follow, it’s just not much more.
Seventh, the calm of the mind should be, at the close of the hand to close. In the event of a defeat, we can not lose your sanity. Successive losses occur more than ten times, sometimes losing one night. Do not be impulsive and do not get discouraged in difficulty. Observing our own mentality and becoming our own psychiatrist is the only technique for improving your skills quickly. It is important to learn to summarize, how do you behave? What is the loss mentality? The state of mind will tell us everything.
8. When you chase the coolest opponent, it’s better not to play and pursue others to play unless you are the quietest player.
In nine or four players, we better not have the lowest pile. The chip itself is a kind of urgency When we start playing, we are in a weak position, this should be avoided as much as possible. Only when calm and relaxed without any worries, we can make rational analysis and evaluation.
Ten, really can not expend the whole chip to play. This is very important. we can put the chip in our account and use 5% or 20% to play. Should not exceed 20 percent, if not high risk. After losing the light recently, you can not play again anymore. In so many cases, we will pursue powerful and emotional emotions. Then we lose light quickly. Then we immediately picked up the chip and immediately lost.
The place where all the students are playing cards is right next to the pool, the residents do not often run with children. Thumbnail: Five students attend and play Texas Hold’em. (Respondents provided)
(Singapore) The students have played with Texas Hold’em on the apartment side of the apartment, and they come up with chips. Citizens are skeptical that there is not a bit of money plunged in gambling, and they are even more anxious about the negative effects on children. After people approached them, they were called back: “My friend is a cop.
Readers of “United Evening News” contacted the hotline and wrote that there were students who were unfolded gambling downstairs in the apartment and asked the reporter to check it out.
Mrs. Zhang, who lives in the Dover area, told United Evening News that over the past year, a group of students have been seen almost every weekend and gathered in a poker apartment for Poker Texas.
Mrs. Zhang wrote that she had repeatedly approached young people and aspired that they would avoid playing in the big crowd and would be called back by the other: “You control me.”
Once they reach their license, they do not see convergence.
“One day, my daughter through them and asked for me ‘Mother, what is gambling?'”.
Someone came forward to seduce them and they were summoned back and said: “My friend is a policeman and we have not broken the law.”
No cash on the table has chips
The reporter was recently led by a resident at 9 pm to a pool pond and chased a group of five near pool pool tables, there were so many color chips on the table, and even a “Banker card”, gambling equipment finished.
Based on the observations, they only need an average of two or three minutes in the game, and they are skillfully shuffled by others. Although they do not watch cash on the table, the game is won or lost based on the chip.
During this period, parents from time to time carry the children through, and some children are still curious to watch to the table.
The majority of residents surveyed believe that swimming pools in apartments are public facilities. People can clearly see that they use chips to play cards, as if they are “mini gambling files”, and they are worried about the negative effects on children.
Li (age 40), who has three young people, said: “Playing in public locations, children will be affected in a number of ways, and that makes us feel the most disgusting of this staircase.”
Resident Chen (age 46) is worried that this behavior will encourage gambling habits, and in particular that they will play “very hard and fast” cards almost every weekend.
However, there are citizens who write that about them not playing, playing cards is their freedom.