三位雪球老用户的真实复盘：这一年，我们怎么赚钱、怎么犯错

Group 1 - The article discusses the increasing volatility in global capital markets and how different investment strategies are performing differently, emphasizing that ordinary investors can accumulate wealth through dedication and market engagement [1] - Three experienced investors shared their practical experiences and strategies at the Xueqiu Carnival, highlighting the importance of adapting investment strategies based on market conditions and personal reflections on past performance [1] Group 2 - The defensive nature of low-risk investments can be assessed through yield calculations, while stock investments should focus on minimizing capital loss by selecting stocks with limited downside and significant upside potential [3][6] - The selling logic for stocks includes both active and passive strategies, with active selling triggered by event-driven changes or slowing performance, and passive selling adhering to strict stop-loss and take-profit rules [6] Group 3 - Reflections on 2025 investments reveal missed opportunities and the importance of decisive action, with lessons learned about the need for independent judgment and avoiding external influences [8][9] - Key investment trends for 2026 include expectations of Federal Reserve interest rate cuts, quantitative easing, and the potential for commodity price increases driven by currency fluctuations [10] Group 4 - Ordinary investors are advised to prioritize loss avoidance over daily profit, with strategies focusing on avoiding overvalued stocks, managing liquidity risks, and maintaining a balanced mindset during market fluctuations [16][19] - The article emphasizes the importance of a disciplined approach to investing, including time investment in learning, recognizing personal biases, and focusing on core investment areas [15]