Core Viewpoint - The rise of "Hangzhou Six Little Dragons" is attributed to a decade of collaboration among government, enterprises, and capital, emphasizing the importance of "patient capital" for disruptive innovation [1] Group 1: Definition and Characteristics of Patient Capital - Patient capital is characterized by a long-term investment approach, focusing on value growth across economic cycles rather than short-term profits [3] - It has three main features: adherence to long-termism, ability to withstand risk fluctuations, and emphasis on value investment [3] - In 2023, China's patient capital is approximately 54 trillion, while the U.S. has 64 trillion USD, indicating a need for both total increase and structural optimization in China's patient capital [4] Group 2: Market Dynamics and Solutions - The capital market suffers from a short-term profit-seeking mentality, which undermines the stability of patient capital [6] - In response, Jiufang Zhitu launched the "Yizhi Gudao" stock learning machine, integrating hardware, AI, and research systems to connect patient capital concepts with retail market practices [6] - The stock learning machine offers over 250 professional courses and an intelligent research system to help users navigate information overload and establish a long-term investment framework [6] Group 3: User Experience and Impact - Users of the stock learning machine report a significant reduction in trading frequency and a shift towards long-term growth with quality companies [7] - The true value of the stock learning machine lies in transforming the investment philosophy of "harvesting the roses of time" into actionable and sustainable practices, fostering the growth of patient capital in China's stock market [7] - As more retail investors adopt a "ten-year scale" to measure corporate value, the envisioned "patient capital ecosystem" is expected to materialize [8]
耐心资本崛起:九方智投股票学习机助力重塑中国股市投资新生态
第一财经·2025-06-18 08:01