This book advocates buying what you value, starting from the five core strategies of private equity investment, and provides an in-depth account of the evolutionary history, representative figures and selection principles of the strategies. Among them, high-quality private equity managers explain in depth their own investment experiences and strategic practices. This book aims to help investors establish an objective understanding of private equity investment, match private equity products that suit them, and form their own private equity investment approach. I hope that after reading this book, my friends will be able to discover their own thick snow and long slopes, and finally realize the continuous improvement of their knowledge and wealth!