论抱团的必然性和必要性

Group 1 - The core viewpoint is that the hatred towards institutional clustering stems not from the act of clustering itself, but from the resentment of not being part of the profitable group [1] - There are three main types of clustering in the stock market: cash flow and dividend overflow clustering based on safety margin, profit and valuation overflow clustering based on growth and reversal, and emotional and trading fund overflow clustering based on the strong getting stronger [1] - The formation of these distinct clustering styles is due to the necessity of discernibility in understanding phenomena, making these three types the most recognizable and acceptable [1] Group 2 - The desire for profit and value inclination inevitably leads to clustering behavior, which in turn creates significant market movements, making the stock market dynamic and engaging [2] - The stock market is a complex system, and understanding its foundational thinking and cognitive methods can be enhanced by reading popular science books on complex systems [2] - Economic behavior of individuals can be further explored through literature such as Mises' "Human Action" and von Neumann's "Game Theory" [2]