做投资，什么最重要？口才！

Group 1 - The article discusses the importance of communication skills in investment banking, emphasizing that effective speaking is crucial for convincing investment committees and limited partners [1] - It highlights the trend of analysts and economists making bold predictions during significant market movements, often leading to market volatility [4] - The article mentions prominent analysts like Ren Zeping and Chen Hang, who have made notable predictions that did not always align with market performance, indicating the risks of relying on such forecasts [6][11] Group 2 - Chen Hang's career trajectory is examined, including his controversial predictions and the backlash he faced from investors due to his aggressive stock recommendations [11][13] - The article references a specific case where a research report from CITIC Securities predicted a 25% compound annual growth rate for a company, which was later criticized by the company's management as overly optimistic [15] - It concludes with a reflection on the challenges faced by investors in both primary and secondary markets, particularly regarding high valuations and the fear of missing out on emerging trends [16][17]