年内381股翻倍！如何面对A股“升温”？处理好这三件事

Core Viewpoint - The article emphasizes the importance of focusing on one's own investment strategies and understanding, rather than being swayed by market emotions and external factors, to achieve long-term success in investing [1][4][6]. Group 1: Own Matters - Successful investors accumulate experience in understanding businesses, which is a controllable aspect of investing [1]. - Great investors build their strategies on a solid foundation by selecting understandable companies, exercising cautious valuation, and avoiding investments beyond their risk tolerance [1][2]. - Investors should adhere to the principle of a margin of safety when purchasing stocks, as advocated by Graham, to ensure investment success [1][2]. Group 2: Others' Matters - The stock market is influenced by millions of investors, and short-term market sentiment is considered "others' matters" [4]. - Investors who allow external emotions to dictate their decisions risk making poor investment choices, such as buying high and selling low [4][5]. - The article cites historical examples, such as the internet bubble and the 2013 A-share bull market, to illustrate the dangers of following market trends without a personal valuation standard [4][5]. Group 3: Heaven's Matters - Long-term adherence to high investment standards and rational decision-making will eventually be rewarded by the market, although the timing of such rewards is uncertain [6]. - The article suggests that the market will ultimately reflect a company's intrinsic value, supporting the foundation of value investing [6]. - The overall market trend is expected to rise at an annual rate of around 10%, indicating that investors should focus on long-term performance rather than short-term fluctuations [6][7].