集思录·2025-09-01 13:52Core Viewpoint - The article discusses the current market dynamics where investors are feeling anxious about their investments in dividend stocks while others are chasing high-growth stocks, often referred to as "妖股" (Yao stocks) [1][2][3]. Group 1: Market Sentiment - Investors holding dividend stocks are experiencing losses, while those pursuing high-growth stocks are seeing better returns [1][3]. - Fund managers are shifting their focus from dividend stocks to high-growth stocks, leading to a disparity in net asset values [2][3][4]. Group 2: Investment Strategies - The article emphasizes the importance of patience and the ability to withstand market fluctuations for sustained profitability [6][7]. - It suggests that if investors believe in the long-term potential of certain companies, they should consider buying in, despite the lack of margin for error [8]. Group 3: Personal Experiences - Some investors share their personal gains, highlighting significant returns compared to others who are struggling [5]. - A specific investor mentions reallocating funds from dividend stocks to sectors like chips, indicating a tactical shift in investment strategy [12]. Group 4: Market Cycles - The article notes that in bear markets, investors may hold onto stable stocks, while in bull markets, they may quickly switch to high-growth stocks, reflecting the cyclical nature of investing [13].