徐志敏：80岁重逢告别

Core Viewpoint - The article reflects on the importance of relationships and the emotional aspects of farewells, emphasizing that even in old age, individuals can find joy and hope in reconnecting with friends, which serves as a metaphor for the investment journey and the relationships between fund managers and investors [1][9]. Summary by Sections Investment Performance - The company has successfully managed all products over the past decade, consistently outperforming the CSI 300 index, indicating that clients who remained invested have seen positive returns [3]. - The performance of products is positively correlated with the duration of investment, suggesting that longer holding periods lead to greater profitability [3]. Client Relationships - There is a concern regarding clients who purchased products at market peaks and have not seen returns for an extended period, highlighting the need for better communication and support for these clients [4]. - The company emphasizes the importance of treating long-term clients with respect and providing them with quality service, as they are crucial for sustainable business relationships [5]. Product Management - Products are described as having "life," meaning they should evolve alongside investors, sharing both successes and challenges, which is essential for building lasting relationships [7]. - The distinction between correct decision-making and favorable outcomes is stressed, advocating for a focus on sound investment strategies rather than short-term results [8]. Communication Strategy - The company suggests that communication should be more frequent during downturns and less during upswings to avoid misleading clients, reinforcing the need for transparency [8]. - It is important to learn from both profitable and unprofitable experiences to enhance understanding and resilience in investment practices [8]. Personal Reflections - The article concludes with gratitude for past experiences and relationships built over the years, expressing a desire for future interactions to be genuine and meaningful, akin to the reflections on farewells and reunions [9].