Reflection On Stock Investments Across Two Markets
Quick mid-term checks on recent stock investments in US and Chinese markets
1) Have a clear idea on your investment time horizon
Is your investment horizon 1 year? 10 years?
For short termer, topics usually drives appreciation. For long termer, intrinsic value, management and moat should be what you look for
2) Undertand market pecularity
For US market- Market driven price movement
- Focus on growth
- Mid to long term thinking dominate
- Most of the time, asset is the king, you don't want to miss the boat
- Recently seems to dominate by fed money policy and deviate from market driven theme
- Government policy driven
- Focus on government policy and central bank monetary policy
- Short term thinking still dominate, but began to mature to mid term thinking
- Cash is king, once in red, always profit taking to keep some powder ready, when policy changes you have cash to jump in
- With new regulation, trying to transition to market driven, but result is still to be seen
