重阳裘国根最新分享：深刻理解并运用这三种思维，将对我们的投资生涯有莫大助益……

Core Viewpoints - The article emphasizes three universal principles from "Security Analysis" that transcend time: equity thinking, contrarian thinking, and risk thinking [1][19][20] Group 1: Equity Thinking - Investment is a game based on value, requiring a perspective from the owner's viewpoint, which is termed equity thinking [9][10] - Equity thinking serves as the foundation for long-termism, as only owners are willing to grow with the company [12][19] Group 2: Contrarian Thinking - The article discusses the human tendency of herd behavior, particularly in the stock market, which distorts investment actions [13][14] - Recognizing the cyclical nature of market emotions allows rational investors to question popular consensus and act contrary to the crowd [14][19] Group 3: Risk Thinking - The financial world is filled with "black swan" events that can have devastating impacts, highlighting the asymmetrical nature of financial risks [15][18] - Investment strategies must possess "traversability," meaning they should avoid irreversible actions that could lead to total loss [16][19]