巴菲特淡化近期市场波动称"其实没什么"，这是投资的一部分。 ...

巴菲特开玩笑表示，并没有为了Greg Abel未来"能看起来表现优异"而故意扣着不投资。 ...

文 | 银行螺丝钉 （转载请注明出处） 所以投资的时候,短期的市场涨跌无法精 准的预测，但是未来我们会经历若干轮的 牛市和熊市。 螺丝钉的作用是马拉松比赛里边的领跑 员,能坚持下来的投资者,会看到螺丝 钉一直在陪着大家跑，就可能有更多的 投资者能坚持下来。 有的人可能压根不知道自己在跑，比如 说以前投了低估的品种但忘记了，然后 到了下一轮牛市的时候才想起来，结果 这些投资者反而有一个不错的回报。 这也是螺丝钉日更估值表、写文章和书 籍、做直播课的原因,这样大家经常能 够看到螺丝钉，投资路上的心态会更好 一点,能更容易坚持下来。 ▼点击阅读原 文，免费学习大额家庭资产配置课程 ...

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - In April, due to the US tariff policy, business production and operation activities slowed down significantly. Although the three major indices (manufacturing PMI, non - manufacturing business activity index, and composite PMI output index) slowed down, China's economy generally remained in an expansionary phase [3]. - On the demand side, external demand slowed down rapidly in the short term, while domestic demand rebounded. Policy support increased, but overall demand was still slowing. In production, industrial production decreased due to the slowdown in domestic and foreign demand, but it was expected to continue growing at a relatively high speed with the support of domestic demand policies. In terms of prices, domestic - demand - type commodity prices were weak, and external - demand - type commodity prices fluctuated [3]. Summary by Relevant Content Overall Economic Situation - In April, the manufacturing PMI was 49% (expected 49.8%, previous value 50.5%), the non - manufacturing business activity index was 50.4% (expected 50.6%, previous value 50.8%), and the composite PMI was 50.2% (previous value 51.4%). All three indices decreased compared to the previous month, but the economy remained in an expansionary range [1][3][4]. - In domestic investment, real - estate sales improved, but investment recovery was slow; infrastructure investment accelerated due to the rapid issuance of special bonds; manufacturing investment maintained high - speed growth, but short - term restocking motivation weakened [3]. - Consumption growth accelerated significantly, strongly driving the economy. Exports decreased significantly due to tariff impacts on overseas demand, and future export growth was expected to slow further [3]. Manufacturing Sector - The manufacturing PMI fell to the contraction range and was lower than market expectations. The new order index was 49.2%, down 2.6 percentage points from the previous month, indicating a decline in market demand. The production index was 49.8%, down 2.8 percentage points, showing a slight slowdown in production [3]. - The new export order index and import index were 44.7% and 43.4% respectively, down 4.3% and 4.1% from the previous month, indicating a significant decline in external demand due to tariffs and a decrease in import demand due to external shocks [3]. - The price index continued to decline. The main raw material purchase price index and the ex - factory price index were 47% and 44.8% respectively, down 2.8 and 3.1 percentage points from the previous month, mainly due to the US tariff policy and global economic uncertainties [3][4]. - Both the finished - product inventory index and the raw - material inventory index decreased. The finished - product inventory index dropped 0.7 percentage points to 47.3%, and the raw - material inventory index decreased 0.2 percentage points to 47% [4]. Non - manufacturing Sector - The non - manufacturing business activity index was 50.4%, down 0.4 percentage points from the previous month, remaining above the critical point. The service industry business activity index was 50.1%, down 0.2 percentage points, and the construction industry business activity index was 51.9%, down 1.5 percentage points [4]. - In the service industry, sectors such as air transportation, telecommunications, and IT services were in a high - prosperity range, while sectors like water transportation and capital market services were below the critical point. In the construction industry, the civil engineering construction business activity index was 60.9%, up 6.4 percentage points [4]. - The service industry business activity expectation index was 56.4%, and the construction industry business activity expectation index was 53.8%, indicating that most enterprises in these two industries were confident about market development [4]. Composite PMI - The composite PMI output index was 50.2%, down 1.2 percentage points from the previous month, remaining above the critical point, indicating that overall business production and operation activities remained in an expansionary phase, although at a slower pace [4].

日本经济再生大臣赤泽亮正：将于4月30日至5月2日期间访美，将通过投资等措施寻求折中方案。 ...

一样的行情，不一样的指导，不一样的人生。新手的特点就是不懂技术，盲目进场。他们每次交易只考虑一个问题：认为只要预判了市场涨跌就可以去做这 笔交易。这种重方向、轻位置的做法使得交易者一败涂地。其实，顺势而为的"势"跟"方向"是有很大差别的，因为市场的运动方向呈现震荡的形态运行，而 市场的趋势往往是全局性的。在我这里，我能做的是帮你合理的把控仓位，利用支撑和阻力位下单，让每一单有理可依，有迹可循。买卖点位不应该是随意 进场，请对自己的资金负责。如果你对行情真的无法把握，可以前来找到我，多一个分析师对你来说没有任何损失，永远记住一句话，专业的人做专业的 事，一切实战只为盈利，合作只为双赢。 黄金下周行情趋势分析： 原油技术面分析：原油从日线图级别看，中期走势均线系统向下排列，中期客观趋势方向向下。油价触及55.20低点后，形成的多空的频繁交替，中期在积 蓄空头的动能，后期有望进一步下行至50位置。原油短线(1H)走势呈次要震荡节奏运行，油价反复穿越均线系统，短线客观趋势方向为震荡节奏。MACD止 步快慢线脱离空头逐步上测零轴位置，多头动能转暖。预计原油震荡节奏拉长，有望出现先上涨再回落的节奏运行概率较大。综合来看， ...

| 名标 | 大小 | | --- | --- | | 【中信证券】2025年投资全景图 | 5,363 KB | | 2024-2025年中国并购交易分析报告 | 2.730 KB | | 2024年半年体产业年生产品中 | 14,779 KB | | 2 2025民营企业家座谈会六位代表发言 | 158 KB | | 2 2025政府工作报告 | 715 KB | | 【大摩:中国正在走出迷雾 | 909 KB | | 大摩宏观闭门会议:上调中国GDP增速,中国经济复苏20250324 | 276 KB | | 12 富邦2025年产业投资展望-台湾股市 | 12.036 KB | | [A] 高盛:当下投资何处:全面布局投资(Flood the Zone) | 2.547 KB | | [A] 高盛:中国改变游戏规则【中】+20241005 | 3.795 KB | | [2] 高盛:中国投资机构对宏观经济的六大看法! | 197 KB | | [4] 花旗关税神文:如何赢得贸易战及对抗通胀之战(三篇合集)中英 | 4.165 KB | | 2] 全球半导体价值链中的复杂性与依赖性 | 3,124 KB ...

但目前有的房产可能有了一定的投资价值，这个我也不知道； 我的错误观念是长期持股待涨， 没有什么持股待涨这个事情；这是投机思维。 投机和投资有着本质的区别， 如果不从内心认可，和分辨出这种区别，这辈子也做不好投资。 比如，最近指数股票下跌，如果是投资类的股票下跌，是个非常好的买入时机， 但投机者是预 测股价波动，所以认为未来还要跌，那他就会割掉，出现一个好价格。 然后投资者逆势买入，这里谁是长期胜出者，显而易见。 比如房地产崩盘，是长期投机的果，价 格已经超出普通人收入的极限了； 投机和投资没个10多年真的分不清，就一个字，需要多少磨练才分的开。 巴菲特很小就懂了，我已经40多了， 投资短期内不一定比投机赚钱，还会浮亏，但还是要分开 来，这个非常重要。 今年收益-4.59%，如果是以前我会沮丧，难过，反思，为什么做了4个月，还是负的？ 现在是关注自己买了什么，持有什么资产，持有了多少股份，什么价格买入的，这些手里的 东西到底有没有价值，未来产出多少，未来如何再次布局 比如前几年热门行业，股价涨了3年翻了2倍，按照以前我只看价格的投机思维肯定不会买， 现在我会看下这个资产未来的产出，然后分批分时买入配置，股价涨跌 ...

Group 1 - The core distinction between speculation and investment is crucial for successful investing, as investors buy undervalued assets while speculators react to price fluctuations [1][2] - Current market conditions, such as a decline in index stocks, present good buying opportunities for investors who focus on asset value rather than price movements [1][3] - The mindset of holding stocks for long-term appreciation is often a speculative approach; true investment requires understanding the underlying value and future potential of assets [1][3] Group 2 - Many individuals struggle to differentiate between speculation and investment, often leading to confusion and misjudgment in their financial strategies [2][5] - The performance of investments can vary, and focusing on the quality and future yield of assets is more important than short-term price changes [3][4] - The perception of success in investing is often tied to financial outcomes, where profits are seen as investments and losses as speculation [6][9] Group 3 - Investment strategies should be based on earning from company performance (dividends, capital appreciation) rather than merely profiting from market fluctuations [11] - The concept of arbitrage exists in a gray area between speculation and investment, as it involves exploiting price differences without necessarily relying on market predictions [11][14] - Effective trading can involve both investment and speculation, depending on the investor's strategy and market conditions [13][15]

Products & Services - Meitou Pro offers in-depth stock analysis and tracking with 50 video issues per year [1] - Meitou Pro provides access to a professional analyst team and a community of over 10,000 members for collaborative discussions [1] - Meitou Pro shares daily investment perspectives, professional data, and trading summaries [1] - Meitou Pro's content library includes over 200 videos and more than 10,000 investment viewpoints [1] Content Focus Areas - The content covers various investment topics, including post-modern cycles, electric vehicle investment, strategies to outperform Wall Street, and the US bond market [1] - The content addresses quantitative risk management and various investment strategies [1] - The content includes series on ETF investing, option trading, and investment psychology [1] - The content provides insights into specific industries such as payment processing, cloud computing, healthcare, streaming, China concept stocks, cannabis, metaverse, and AI [1] Channels & Contact - Meitou team operates other YouTube channels including "Meitou Kan News" and "Meitou Jiang Options" [1] - Business cooperation can be reached via meitouinvesting@gmailcom [1] - Meitou can be followed on WeChat via the official account "Meitou_Investing" and the WeChat ID "meitoujiangmeigu" [1]