Group 1 - The core concept of investment in a one-dimensional world is that the quality of a company directly correlates with investment success, leading to the misleading notion that a good company will always be a good investment [2] - In a one-dimensional investment perspective, the idea of "buying a stock is buying a part of the company" is often misinterpreted, as most investors lack the influence to affect company decisions [2] Group 2 - In a two-dimensional investment framework, the price of a company's stock is added as a critical factor, where discrepancies between stock price and actual value can create investment opportunities [4] - Investor behavior can narrow the value gap when a consensus forms around a company's undervaluation, but this can lead to price collapses when the belief in further price increases fades [4] Group 3 - The three-dimensional investment perspective incorporates external environmental factors, emphasizing that market conditions can significantly impact investment outcomes [6] - The stage of industry development plays a crucial role in determining a company's success, as the same management may perform differently in varying industry contexts [6] Group 4 - The four-dimensional investment view introduces the concept of time, highlighting that the timing of investment decisions can amplify outcomes, whether positive or negative [7] - A long-term investment strategy can yield significant returns, but investors must be cautious not to enter the market at the wrong time [7] Group 5 - The five-dimensional investment approach includes risk as a critical factor, categorizing it into systemic risk, personal risk, and success dependency risk [9][10] - Systemic risk is inevitable in investing, while personal risk stems from an investor's lack of knowledge and emotional control, which can take years to develop [10] Group 6 - The sixth dimension of investment emphasizes the interconnectedness of global markets, where changes in one market can have ripple effects across various industries and countries [12] - An example includes the U.S. government's decision to lift the ban on crude oil exports, which signals long-term price declines and impacts related sectors like shale gas and renewable energy [12] Group 7 - The seventh dimension focuses on the internal qualities of investors, suggesting that successful investors possess unique traits that allow them to capitalize on market opportunities [14][15] - The ability to filter and absorb external information effectively is crucial for distinguishing oneself in the investment landscape, akin to a chef's sensitivity to taste [15]