A股出狠招！“当年+三年+五年”考核，韭菜们别慌了！

Core Viewpoint - The recent implementation of a new assessment cycle for insurance companies in the A-share market aims to reduce speculative trading and promote long-term investment strategies among investors [1][4][13]. Group 1: Market Dynamics - The A-share market has shifted from a retail investor-dominated environment to one where quantitative institutions and large capital players dominate trading, making it difficult for ordinary investors to compete [2][3]. - Short-term trading strategies often lead to losses for retail investors, as they tend to buy high and sell low, missing out on potential gains during market recoveries [2][7]. Group 2: Insurance Companies' New Assessment Rules - The new assessment cycle for insurance companies has been extended to include evaluations over one year, three years, and five years, encouraging a focus on long-term profitability rather than short-term gains [4][6]. - This change is expected to stabilize the market by reducing the volatility caused by large institutional players who previously engaged in rapid buying and selling [6][13]. Group 3: Long-term Investment Philosophy - Ordinary investors possess the advantage of time, allowing them to adopt a long-term investment approach without the pressure of quarterly performance evaluations faced by institutional investors [11][12]. - Successful long-term investors, like Warren Buffett, emphasize the importance of holding quality assets through market fluctuations, contrasting sharply with the short-term mindset prevalent among many retail investors [9][10]. Group 4: Historical Lessons - Historical examples illustrate the pitfalls of chasing hot stocks, with significant losses incurred during market downturns, highlighting the risks of speculative trading [7][8]. - The market often presents opportunities during downturns, where undervalued stocks can yield substantial returns for patient investors [8][14]. Group 5: Investment Strategy Recommendations - Investors are encouraged to focus on selecting fundamentally strong companies with reasonable valuations and to avoid high-risk speculative plays [12]. - The emphasis should be on assessing a company's long-term viability and profitability rather than reacting to short-term market movements [13][14].