记录时代最重大的一次分岐The most significant divergence of the record era

2021-08-23

外资跑路了，上周四、周五北上资金连续卖了两百多亿啊，这是过去五六年来从来没见过的。最近这段时间的股市呢真的非常惨，一言难尽啊。
从k 十二双减以后，中概股a 股、港股全面大撤退，你也能抄底了，咣当黑还有人再砸盘跑路。我还说到有人说这是国家队在逼外资交筹码，让内资自己来支撑核心资产的盘。
这么一个人的观点啊，毫无逻辑可言。有哪个大同家不希望自己的鱼塘越大越好，还会敢于走呢。鱼只要在我的里，就是我的走了就很麻烦了。
所以会不懂这个道理的核心的问题是什么？是桥水基金未达流的那个观点。最近我们的很多动作非常频繁，究竟是短期波动还是长期变坏？
资本市场开始出现严重分歧，当大盘都出现情绪不稳，那么个股再好，都会扬起成语。所以你们也看到了，最近两周我都没办法客观拆解一些个股，因为大家的情绪。
已经不在购物上了。对于市场的悲观情绪已经在蔓延。说白了很多人开始慌了，问题来了，他们慌什么？他们为什么跑？答案很简单，他们慌的是回到曾经发生过的大土豪分田地。
他们怕回到过去的某一个时代，但说实话呢这样的恐慌还蛮幼稚的。如果都是这样的资金在逐鹿资本市场，那么我认为这些资金算不上什么是马里马里。
他们还不懂中国所有的这一切答案。早在二零二零年就已经全部告诉我们了，现在的所有动作打的全是明白这个答案，白纸黑字，堂堂正正写在十四五规划和二零三五年远景目标纲要上。
动不动上窜下跳人呢，我再次建议大家一字一句去读一下这个纲要。这里面连高铁几几年一样通到台北都写的清清楚楚，有些东西还不明白吗？
还不够自信吗？今年建党一百周年上面说的也很白。第一个一百年我们已经全面建成小康社会，接下来要进入第二个一百年。第二个一百年做什么？第一个小目标。
就是社会主义现代化，除了经济实力、科技实力、文化软实力就是要走向共同富裕。中等收入群体比例提高，城乡水平差距缩小。
这两天，财经委员会第十次会议这么长篇幅的解读共同会议只是在全面落实接下来要做的工作。所以从今年四月的平台反垄断到k 色双减，再到住房不炒。
这两天又开始约谈白酒行业，后面还可以预测医药行业的监管，文娱行业的监管，房地产和金融行业的再监管。凡是影响到社会公平不利于共同富裕的都。
都会调整一句话，从只顾效率到兼顾公平，这样的调整必然是长期的。还有人说我们接下来要走投股模式，因为你看我们在强调突出相识。
回归制造业等等，我觉得也不是我们走的就是自己的模式底线是不是已经告诉我们东方必须得自成体系，借鉴不了任何人，他只能走自己的道路。
所以我的判断是我们的路线在很多地方会保守，这是我们的性质决定的，理念决定的。你只要在这边土地上，包括任何资本就得尊重这些要在这里玩。
你就得认这个底线，不然不然就滚蛋。同时呢我们在开放的地方一定会很开放，对人才的开放，对技术的开放，对资本的开放，对一切尊重我们规则和核心理念的东西。
还是会全面开放我们的包容度，只要不触犯底线，其实比西方国家大得多。有一种声音说，现在市场处于估值体系最迷茫的黑暗时刻。错现在是市场处于理念体系最恐慌的黑暗时刻。短期看。
我也不是很乐观啊，因为这种情绪可能后续还会发酵。但长期看我并不担心为什么资本就是资本它没有主义，真正的资本只是工具，它的底色也。
一个是市场，一个是信托。今天我们说要首先市场了吗？没有，这也不可能经济要发展，必须要高效率的市场。但是他说要监督，要制约，要有一定的公平。
有一定的侧重，这对不对呢？我认为没什么不对。今天这一条可能是我最近讲的最严肃的一次。某种意义上我也在进入资本市场有史以来最大的一次分歧。
但是我坚信这些都只是波动，这些都只会让我们资本市场变得更好更健康。聪明的资金是绝对理性的。只要有水草的地方，鱼吃草会回来。
行不行，自己判断吧。ok 今天就分享到这里啊，想听点深度的财富逻辑。
关注我。
外资跑路了，上周四、周五北上资金连续卖了两百多亿啊，这是过去五六年来从来没见过的。最近这段时间的股市呢真的非常惨，一言难尽啊。
从k 十二双减以后，中概股a 股、港股全面大撤退，你也能抄底了，咣当黑还有人再砸盘跑路。我还说到有人说这是国家队在逼外资交筹码，让内资自己来支撑核心资产的盘。
这么一个人的观点啊，毫无逻辑可言。有哪个大同家不希望自己的鱼塘越大越好，还会敢于走呢。鱼只要在我的里，就是我的走了就很麻烦了。
所以会不懂这个道理的核心的问题是什么？是桥水基金未达流的那个观点。最近我们的很多动作非常频繁，究竟是短期波动还是长期变坏？
资本市场开始出现严重分歧，当大盘都出现情绪不稳，那么个股再好，都会扬起成语。所以你们也看到了，最近两周我都没办法客观拆解一些个股，因为大家的情绪。
已经不在购物上了。对于市场的悲观情绪已经在蔓延。说白了很多人开始慌了，问题来了，他们慌什么？他们为什么跑？答案很简单，他们慌的是回到曾经发生过的大土豪分田地。
他们怕回到过去的某一个时代，但说实话呢这样的恐慌还蛮幼稚的。如果都是这样的资金在逐鹿资本市场，那么我认为这些资金算不上什么是马里马里。
他们还不懂中国所有的这一切答案。早在二零二零年就已经全部告诉我们了，现在的所有动作打的全是明白这个答案，白纸黑字，堂堂正正写在十四五规划和二零三五年远景目标纲要上。
动不动上窜下跳人呢，我再次建议大家一字一句去读一下这个纲要。这里面连高铁几几年一样通到台北都写的清清楚楚，有些东西还不明白吗？
还不够自信吗？今年建党一百周年上面说的也很白。第一个一百年我们已经全面建成小康社会，接下来要进入第二个一百年。第二个一百年做什么？第一个小目标。
就是社会主义现代化，除了经济实力、科技实力、文化软实力就是要走向共同富裕。中等收入群体比例提高，城乡水平差距缩小。
这两天，财经委员会第十次会议这么长篇幅的解读共同会议只是在全面落实接下来要做的工作。所以从今年四月的平台反垄断到k 色双减，再到住房不炒。
这两天又开始约谈白酒行业，后面还可以预测医药行业的监管，文娱行业的监管，房地产和金融行业的再监管。凡是影响到社会公平不利于共同富裕的都。
都会调整一句话，从只顾效率到兼顾公平，这样的调整必然是长期的。还有人说我们接下来要走投股模式，因为你看我们在强调突出相识。
回归制造业等等，我觉得也不是我们走的就是自己的模式底线是不是已经告诉我们东方必须得自成体系，借鉴不了任何人，他只能走自己的道路。
所以我的判断是我们的路线在很多地方会保守，这是我们的性质决定的，理念决定的。你只要在这边土地上，包括任何资本就得尊重这些要在这里玩。
你就得认这个底线，不然不然就滚蛋。同时呢我们在开放的地方一定会很开放，对人才的开放，对技术的开放，对资本的开放，对一切尊重我们规则和核心理念的东西。
还是会全面开放我们的包容度，只要不触犯底线，其实比西方国家大得多。有一种声音说，现在市场处于估值体系最迷茫的黑暗时刻。错现在是市场处于理念体系最恐慌的黑暗时刻。短期看。
我也不是很乐观啊，因为这种情绪可能后续还会发酵。但长期看我并不担心为什么资本就是资本它没有主义，真正的资本只是工具，它的底色也。
一个是市场，一个是信托。今天我们说要首先市场了吗？没有，这也不可能经济要发展，必须要高效率的市场。但是他说要监督，要制约，要有一定的公平。
有一定的侧重，这对不对呢？我认为没什么不对。今天这一条可能是我最近讲的最严肃的一次。某种意义上我也在进入资本市场有史以来最大的一次分歧。
但是我坚信这些都只是波动，这些都只会让我们资本市场变得更好更健康。聪明的资金是绝对理性的。只要有水草的地方，鱼吃草会回来。
行不行，自己判断吧。ok 今天就分享到这里啊，想听点深度的财富逻辑。
关注我。外资跑路了，上周四、周五北上资金连续卖了两百多亿啊，这是过去五六年来从来没见过的。最近这段时间的股市呢真的非常惨，一言难尽啊。
从k 十二双减以后，中概股a 股、港股全面大撤退，你也能抄底了，咣当黑还有人再砸盘跑路。我还说到有人说这是国家队在逼外资交筹码，让内资自己来支撑核心资产的盘。
这么一个人的观点啊，毫无逻辑可言。有哪个大同家不希望自己的鱼塘越大越好，还会敢于走呢。鱼只要在我的里，就是我的走了就很麻烦了。
所以会不懂这个道理的核心的问题是什么？是桥水基金未达流的那个观点。最近我们的很多动作非常频繁，究竟是短期波动还是长期变坏？
资本市场开始出现严重分歧，当大盘都出现情绪不稳，那么个股再好，都会扬起成语。所以你们也看到了，最近两周我都没办法客观拆解一些个股，因为大家的情绪。
已经不在购物上了。对于市场的悲观情绪已经在蔓延。说白了很多人开始慌了，问题来了，他们慌什么？他们为什么跑？答案很简单，他们慌的是回到曾经发生过的大土豪分田地。
他们怕回到过去的某一个时代，但说实话呢这样的恐慌还蛮幼稚的。如果都是这样的资金在逐鹿资本市场，那么我认为这些资金算不上什么是马里马里。
他们还不懂中国所有的这一切答案。早在二零二零年就已经全部告诉我们了，现在的所有动作打的全是明白这个答案，白纸黑字，堂堂正正写在十四五规划和二零三五年远景目标纲要上。
动不动上窜下跳人呢，我再次建议大家一字一句去读一下这个纲要。这里面连高铁几几年一样通到台北都写的清清楚楚，有些东西还不明白吗？
还不够自信吗？今年建党一百周年上面说的也很白。第一个一百年我们已经全面建成小康社会，接下来要进入第二个一百年。第二个一百年做什么？第一个小目标。
就是社会主义现代化，除了经济实力、科技实力、文化软实力就是要走向共同富裕。中等收入群体比例提高，城乡水平差距缩小。
这两天，财经委员会第十次会议这么长篇幅的解读共同会议只是在全面落实接下来要做的工作。所以从今年四月的平台反垄断到k 色双减，再到住房不炒。
这两天又开始约谈白酒行业，后面还可以预测医药行业的监管，文娱行业的监管，房地产和金融行业的再监管。凡是影响到社会公平不利于共同富裕的都。
都会调整一句话，从只顾效率到兼顾公平，这样的调整必然是长期的。还有人说我们接下来要走投股模式，因为你看我们在强调突出相识。
回归制造业等等，我觉得也不是我们走的就是自己的模式底线是不是已经告诉我们东方必须得自成体系，借鉴不了任何人，他只能走自己的道路。
所以我的判断是我们的路线在很多地方会保守，这是我们的性质决定的，理念决定的。你只要在这边土地上，包括任何资本就得尊重这些要在这里玩。
你就得认这个底线，不然不然就滚蛋。同时呢我们在开放的地方一定会很开放，对人才的开放，对技术的开放，对资本的开放，对一切尊重我们规则和核心理念的东西。
还是会全面开放我们的包容度，只要不触犯底线，其实比西方国家大得多。有一种声音说，现在市场处于估值体系最迷茫的黑暗时刻。错现在是市场处于理念体系最恐慌的黑暗时刻。短期看。
我也不是很乐观啊，因为这种情绪可能后续还会发酵。但长期看我并不担心为什么资本就是资本它没有主义，真正的资本只是工具，它的底色也。
一个是市场，一个是信托。今天我们说要首先市场了吗？没有，这也不可能经济要发展，必须要高效率的市场。但是他说要监督，要制约，要有一定的公平。
有一定的侧重，这对不对呢？我认为没什么不对。今天这一条可能是我最近讲的最严肃的一次。某种意义上我也在进入资本市场有史以来最大的一次分歧。
但是我坚信这些都只是波动，这些都只会让我们资本市场变得更好更健康。聪明的资金是绝对理性的。只要有水草的地方，鱼吃草会回来。
行不行，自己判断吧。ok 今天就分享到这里啊，想听点深度的财富逻辑。
关注我。
Foreign capital has run away. Last Thursday and Friday, the northward capital sold for more than 20 billion yuan. This is something I have never seen in the past five or six years. The stock market during this period of time has been really miserable, and it's hard to tell.
After the k-twelve double reduction, the A-shares and Hong Kong stocks retreat in an all-round way, and you can also buy bottoms. I also mentioned that some people say that this is a situation where the national team is forcing foreign investors to pay their bargaining chips and let domestic investors support their core assets.
There is no logic at all in such a person's point of view. Is there any Datong family who doesn't want their fish ponds to be as big as possible, and dare to go. As long as the fish is in mine, it is very troublesome if mine is gone.
So, what is the core problem that you don't understand this truth? It is the view that the Bridgewater Fund has not reached the flow. Many of our actions have been very frequent recently. Are they short-term fluctuations or long-term deterioration?
The capital market began to have serious divergence. When the market is emotionally unstable, no matter how good a stock is, it will raise an idiom. So you have also seen that I have not been able to objectively dismantle some stocks in the past two weeks because of everyone's emotions.
No longer on shopping. Pessimism towards the market is already spreading. To put it bluntly, many people start to panic, and the question is coming, why are they panicking? Why are they running? The answer is simple. What they panicked is to return to the big local tyrants that once happened.
They are afraid of going back to a certain era in the past, but to be honest, such panic is quite naive. If all such funds are competing in the capital market, then I don't think these funds are what Mali is.
They still don't understand all the answers in China. As early as 2020, we have all told us, and all the actions we are doing now are to understand this answer. It is written in black and white, and it is written upright in the 14th Five-Year Plan and the outline of the long-term goals for 2035.
I'm always jumping up and down, I once again suggest that you read this outline word by word. It's clearly written even if the high-speed rail has been connected to Taipei for several years. Is there something that you still don't understand?
Are you not confident enough? The centenary of the founding of the party this year is also very plain. We have built a well-off society in an all-round way in the first 100 years, and we will enter the second 100 years. What will the second hundred years do? The first small goal.
It is socialist modernization, in addition to economic strength, scientific and technological strength, and cultural soft power, it is to move toward common prosperity. The proportion of middle-income groups has increased, and the gap between urban and rural levels has narrowed.
In the past two days, the tenth meeting of the Finance and Economics Committee, a long-length interpretation joint meeting, is only fully implementing the work to be done next. Therefore, from the platform anti-monopoly in April this year, to the k-color double reduction, to the non-speculation of housing.
In the past two days, I started to talk about the liquor industry again. Later, we can predict the supervision of the pharmaceutical industry, the supervision of the entertainment industry, and the re-regulation of the real estate and financial industries. Anything that affects social equity is not conducive to common prosperity.
Everyone will adjust a sentence, from only focusing on efficiency to taking into account fairness, such adjustments are bound to be long-term. Some people say that we will follow the investment stock model, because you see that we are emphasizing acquaintance.
Returning to manufacturing and so on, I don’t think we are following our own model. The bottom line has already told us that the East must be a system of its own. It can’t learn from anyone and can only follow its own path.
So my judgment is that our route will be conservative in many places. This is determined by our nature and philosophy. As long as you are on this land, including any capital, you have to respect these and play here.
You have to recognize this bottom line, or you'll get out of it. At the same time, we will be very open in open places, open to talents, open to technology, open to capital, and to everything that respects our rules and core concepts.
We will still fully open up our tolerance, as long as it does not violate the bottom line, it is actually much larger than that of Western countries. There is a voice saying that the market is now in the darkest moment of the most confused valuation system. Wrong now is the darkest moment when the market is in the panic of the idea system. In the short term.
I am not very optimistic either, because this sentiment may be fermented in the future. But in the long run, I am not worried about why capital is capital and it has no ethics. Real capital is only a tool, and its background is also.
One is the market and the other is the trust. Did we say that we are going to market first? No, it is impossible for the economy to develop, and an efficient market is necessary. But he said that there must be supervision, restriction, and fairness.
There is a certain emphasis, is this right? I think there is nothing wrong. Today's article may be the most serious one I have talked about recently. In a sense, I am also entering the biggest disagreement in the history of the capital market.
But I firmly believe that these are just fluctuations, and these will only make our capital market better and healthier. Smart money is absolutely rational. Wherever there is water and grass, the fish will come back from eating the grass.
Whether it works, judge for yourself. ok I will share it here today, I want to hear some in-depth wealth logic.
Follow me.

何为对交易的顿悟 What is the epiphany of trading

2021-08-22

交易者何为是顿悟？很多人呢把钝悟二字想象的是虚幻无比。今天我谈一下我对动物的理解，短线的走势的偶然性啊和人性特点常常使我们看不清市场的长期方向。
市场总是摧毁弱者，让他们误入歧途，不能在判断和操作时保持逻辑性和前后的一致性。众所周知啊，交易的三种境界。看山是山，看山不是山，看山还是山。
当你做了十几年的交易，经历，无数的市场磨难之后，最终你对交易的队伍无外乎就这么几点，仓位，顺势学会休息和保持一致性。山还是当年你刚入市的那个山。
而人以。
What is an epiphany for a trader? Many people imagine the word dullness as illusory. Today I talk about my understanding of animals. The contingency of short-term trends and human characteristics often make us unable to see the long-term direction of the market.
The market always destroys the weak and leads them astray, unable to maintain logic and consistency in judgment and operation. As we all know, there are three realms of trading. Looking at mountains is a mountain, looking at a mountain is not a mountain, looking at a mountain is still a mountain.
After you have traded for more than ten years, experienced, and countless market tribulations, in the end, you are nothing more than a few of the trading teams, positions, and learn to rest and maintain consistency. The mountain is the same mountain where you first entered the market.
And people take.

狼还是来了，你准备好了什么The wolf is still coming, what are you ready

2021-08-21

这样还只是刚刚开始，来自美国的金融资本正在加速进入中国市场。就在这个周末，美国摩根大通官方宣布，他们成功获得备案，正式成为中国历史上首架海外独。
国资券商摩根大通是谁？哪怕你不懂金融，你肯定啊也在电影里听过这个名字，他们是全美国最大的金融机构之一，光是遍布全职的员工就有足足二十六万人。再看看他们的老板。绝密。
完全就是印象中华尔街金融大脑的形象。从现在开始，摩根大通这名明治四海的金融巨头就要正式为中国客户服务了。在此之前，咱们国内的名状想炒股只能在。
本土的券商公司选择开户，然后有账户了才能进入股票市场。不过今后啊就多了一个选择，那就是摩根大通开户，然后获得同样的服务。
消息公布之后，很多人不理解是吧？咱们国内的金融机构竞争已经非常激烈了，为啥还要给外资一口肉吃？刚刚想说温室里是养不出花朵的。最近这几年虽然咱们老百姓的投资热。
确实出现了大幅提升，但国内的这些金融机构，他们的水平反而是没啥明显进步。就比如前几天国内某家机构的分析师，甚至把宁德时代的估值。
都给预测到了二零六零年，实属是哄堂大笑了。所以啊此刻引进外资券商最根本的作用就是要加速中国金融行业的竞争与淘汰。现在。
摩登大通来了，贝莱特也来了，都在加速进入中国市场，还有复杂也在昨天设立了基金公司。很明显，车道正在变窄，车速也在变快。接下来。
就看谁先掉队，正所谓人无压力轻飘飘，封闭竞争圈目标外资入场势必高。且看斗法先不。
This is just the beginning. Financial capital from the United States is accelerating its entry into the Chinese market. Just this weekend, JP Morgan Chase officially announced that they successfully obtained the record and officially became the first overseas independent in Chinese history.
Who is the state-owned securities firm JP Morgan Chase? Even if you don't understand finance, you must have heard the name in the movie. They are one of the largest financial institutions in the United States, and they have a full-time staff of 260,000. Look at their boss again. Top secret.
It's exactly the image of the financial brain of China Street. From now on, JP Morgan Chase, a financial magnate from all over the world, will officially serve Chinese customers. Prior to this, our domestic reputation can only be in stocks.
Local brokerage companies choose to open an account, and then they can enter the stock market only if they have an account. But in the future, there will be one more choice, which is to open an account with JPMorgan Chase and get the same service.
After the news was announced, many people didn't understand, did they? The competition among our domestic financial institutions is already very fierce. Why do we have to give foreign investors a bite of meat? I just wanted to say that no flowers can grow in a greenhouse. In recent years, despite the investment boom of our people.
There has indeed been a substantial increase, but the level of these domestic financial institutions has not improved significantly. For example, a few days ago, the analyst of a certain domestic institution even gave the valuation of the Ningde era.
They all predicted that by 2020, it was a roar of laughter. Therefore, the most fundamental role of introducing foreign securities firms at this moment is to accelerate the competition and elimination of China's financial industry. Now.
Modern Chase is here, Beilette is also here, and they are all accelerating their entry into the Chinese market. There are also complications that they also set up a fund company yesterday. Obviously, the lane is narrowing and the speed of the car is also getting faster. Next.
It depends on who is the first to fall behind. As the saying goes, people are free from pressure, and foreign investment in closed competition circles is bound to be higher. Let's not see how to fight.