Core Viewpoint - The article discusses the importance of mindset in navigating the current market dynamics, emphasizing the need to accept and love the world as it is, rather than comparing it to an idealized version [2][4][5]. Market Structure and Mindset - Recent discussions have highlighted a divide between "old investors" and "young investors," indicating that structural characteristics of the market have become more significant than overall trends [2]. - The author reflects on personal experiences over the past two years, identifying a need for a mindset adjustment to maintain happiness and acceptance in the face of market volatility [3][4]. Understanding the Market - The market is inherently irrational, characterized by periods of greed and fear, which should be accepted rather than resented [6]. - Recognizing that bubbles and corrections are natural parts of the market can lead to a more enjoyable investment experience [6][7]. Self-Awareness in Investing - Investors must understand their own limitations and capabilities, particularly regarding market volatility and the nature of bubbles [8][10]. - The author shares personal health challenges faced while trying to keep up with younger investors, highlighting the importance of self-care and understanding one's own boundaries [8][9]. Investment Strategy - The current market environment is conducive to bubbles due to low interest rates and high risk appetite, which necessitates a cautious approach [12]. - The author prefers to invest in index futures, such as the CSI 500, to gain exposure to technology stocks while managing risk and volatility [12][13][14]. - A focus on understanding financial instruments and their appropriate use is crucial for professional investors to achieve better risk-adjusted returns [14]. Market Outlook - Economic indicators suggest a potential downturn, with expectations of increased fiscal stimulus, which may lead to a shift in market styles [15]. - The author remains patient, waiting for signs of recovery in fiscal policy and market conditions that align with their investment expertise [15].
爱世界,更爱自己
半夏投资·2025-09-26 14:24