Core Viewpoint - Investors should adopt a broad perspective and not limit themselves to a single industry or company, seeking undervalued opportunities across the market and being ready to switch strategies for maximizing returns [2][3]. Investment Strategies - The first investment strategy is suitable for investors who are broad-minded, diligent, and flexible. This approach involves continuously searching for undervalued stocks across various industries [4]. - The second investment strategy focuses on identifying a specific industry and company, particularly during the bottom of a cycle, to buy and sell at the peak, capturing most of the gains from that company's performance during the industry cycle [5][6]. - For growth stocks, the strategy involves investing in companies with low market penetration that are leaders in their sector, buying during their early growth phase and selling during their stable growth phase [5]. Investor Characteristics - The first strategy is ideal for investors with a broad, active, and adaptable nature, while the second strategy is more suited for those who are deep, relatively passive, and committed to specific stocks [6][7]. - Both strategies have their own merits and risks, and successful execution can lead to high investment returns [7]. Example in Gold Stocks - Investors with broad characteristics can switch among various gold stocks like Zhongjin Gold, Libo Gold, and Shandong Gold to maximize returns, while those with a deeper focus may choose to hold onto a single gold stock throughout the investment period [7]. Snowball Three-Point Method - The Snowball Three-Point Method emphasizes long-term investment and asset allocation through diversification across assets, markets, and timing to achieve diversified sources of returns and risk mitigation [8].