牛市里亏钱？林园旗下部分产品收益不佳被“吐槽”

Core Viewpoint - Lin Yuan remains optimistic about the A-share market despite some underperformance of his investment products, suggesting a focus on "beauty economy" and "silver economy" as future investment themes [1][2][3] Group 1: Market Performance - The A-share market has shown a significant recovery, with the Shanghai Composite Index up nearly 16%, the Shenzhen Component Index up nearly 30%, and the ChiNext Index up over 50% in the first three quarters of the year [1] - Lin Yuan's products have underperformed, with nearly 20 products lagging behind the CSI 300 Index, and some even reporting losses, leading to dissatisfaction among investors [1][2] Group 2: Investment Strategy - Lin Yuan's investment strategy focuses on sectors with strong earnings potential and monopolistic characteristics, particularly in consumer and pharmaceutical industries [2] - He emphasizes the importance of long-term returns, arguing that short-term underperformance is not unusual in value investing [1][2] Group 3: Future Outlook - Lin Yuan identifies two key areas for future investment: the "beauty economy," which he believes will be a critical factor in society, and the demand for health and longevity products as the population ages [2] - He asserts that the current A-share market sentiment is rational, with most companies' stock prices and valuations still at historical lows compared to the past two decades [3]