“投资中国！”王国斌谢幕，如何读懂这位31年投资老将？

Core Viewpoint - Wang Guobin, a legendary figure in China's capital market, passed away, leaving behind a significant impact on the investment community and a legacy of value investing principles [1][2]. Group 1: Wang Guobin's Career and Achievements - Wang Guobin joined Dongfang Securities in 1998 and later became the chairman of Dongzheng Asset Management, where he led the firm to manage over 100 billion yuan by 2015 [2]. - After leaving Dongzheng Asset Management in 2016, he co-founded Junhe Capital and later established Quanguo Fund in February 2022, marking his return to the public fund industry [2]. - Under his management, Junhe Capital achieved a remarkable 167.03% return on an investment in Wanhua Chemical from 2017 to 2019, significantly outperforming the 7.2% return of the CSI 300 index during the same period [2]. Group 2: Investment Philosophy and Approach - Wang Guobin emphasized that value investors can only control their positions, stock selection, and purchase prices, but not when value will be realized, highlighting the importance of patience in investing [3]. - He believed that enduring market volatility is essential for achieving high returns, echoing sentiments from renowned investors like Buffett and Munger [3]. - Wang's investment philosophy was rooted in a long-term perspective, advocating for a focus on fundamental value rather than short-term market fluctuations [10]. Group 3: Legacy and Influence - Wang Guobin's teachings and writings, particularly in his book "Investing in China," continue to inspire many investors, promoting a message of optimism and commitment to the Chinese market [7][10]. - His approach to investment was characterized by a blend of optimism, long-termism, and patriotism, influencing a generation of investors who regard him as a mentor [10]. - Despite his passing, the investment research team and platform he built continue to operate effectively, with Quanguo Fund's products showing positive net values and some reaching new highs [5][6].