The Conscience of a Stock Investor: Why I Gave up on Technical Analysis (Upgraded Version)

Very excellent People's cognition is easily affected by various "self-fulfilling prophecies" and forms extreme left and extreme right. Even after the opposite is completely true, they still adhere to the method of "self-fulfilling prophecies". Investment is always a matter of facing "Taishan". We follow the ups and downs and see that we can continue to move up. However, limitations make it difficult for us to see the whole picture, and we can only look for the great direction in a foolish way. What I want to do with this path that is currently proven to be effective is value investing. It's not that this path is the best, but that our probability of success can be improved a little here. Successful investors are limited by the environment. We tend to ignore the environment and feel that our efforts are insufficient. However, the environment is difficult to choose, and even if you are not lucky enough to make the right choice, you will not be able to escape the table. Success is just an omission in the web of failure. On a long voyage, encourage yourself.

A rare good book that teaches you how to invest instead of speculate. Speculation depends on the appearance of crops. Investing depends on how the company grows. The dealer's face changes at every turn, can you keep up? The growth of a company is affected by the macroeconomics. I think it's much better to look at the company's face than the banker's.

Based on his own practical experience, the author constructed a complete value investment system and reversed common misconceptions. As the book says, "If the price of a stock is too low compared to its true value, the stock price will rise in the future; if it is too high, the stock price will fall in the future." This sentence is simple but profound, and it benefits people a lot. Moreover, the author Chen Fengyuan is also very powerful. His experience and wisdom are condensed in this book. It is worth reading!

As a person who has not yet entered the stock market, it provided a lot of help to me. The author's investment philosophy gave me a clearer goal. I hope I will achieve good results in my future investments August 14, 2024. I hope I can pick up this enlightenment book again in my forties and re-examine my life

In front of the stock market, everyone is a student and must continue to learn. It is always easy to analyze the past, but it is difficult to face the future. It is easier said than done. Human nature has weaknesses. There are risks in the stock market, so you must be cautious when writing books.

After looking at it, it's okay. I can't tell which one can make money, value investing or technical analysis. Because now they are all at a loss.

It's so practical. After listening to it, I now understand how to operate stocks!

Worth learning from every Chinese stock investor.

Very exciting, inspiring, very professional, and very sympathetic. Thank you to the author for sharing! Benefit a lot This is a rare good book!

The pillow book of value investing.

It's very well written and I've benefited a lot from it!

A must-read for beginners, entry into the Tao

People are always greedy, want to get rich overnight, take shortcuts, and end up with miserable losses. Many people know about value investing, but only a few people do it, just like a few people make money in the stock market.

Can! Value investing is the right path.

Value investment system, worth having

A novel perspective that explains true value investing

This book is a combination of value investing and corporate valuation. It contains the author's hard work and is worthy of readers' careful understanding and in-depth study.

The author's personal experience and objective and rational narrative tirelessly reveal the true meaning of the capital market to readers! Thanks to the author for leaving a masterpiece for subsequent investors!