关注投资家，⭐，您会收到最新推送 作者 | 彼得·林奇 01远景型公司不能给你带来回报 "避免远景型公司（longshots）。每一次你听到有人向你推荐股票，他们推荐的股票让人如此兴奋，以 至于他们在电话上和你交谈的声音很轻柔。我不知道这是因为他们担心隔壁的邻居听见，还是因为担心 SEC的监听。或许如果你以轻柔的腔调打电话，你就不用坐牢或者只需要服一半的刑。" "不管怎样，他们轻声细语地说，'我给你推荐的这家公司非常好、好得不可思议，或者这是一家实力强 大的公司'等。但是他们漏掉了一些东西。对这些股票有一个非常技术性的术语NNTE即短期无利润。这 些公司没有盈利。它们没有历史记录（即这些公司只有一个远景--译者注）。它们有的仅仅是一个很好 的想法而已。实际上，这个想法可能行得通。可是经常行不通。" "记住：如果股票从2美元涨到300美元，你在8美元买入同样可以获得很高的回报，甚至在12美元进入也 可以。当别人向你推荐这类远景型公司时，你可以在一年之后跟进，把它们写在纸上，然后放到抽屉里 面。一年之后再拿出来看看，三年之后再拿出来看看都行。考察这些公司三年之后的基本面如何再作投 资决定。" "我曾经买入过25家 ...

Core Viewpoint - The canned food industry in China is undergoing a significant digital transformation, driven by government policies and technological advancements, enhancing efficiency and competitiveness while reducing costs. Group 1: Digital Transformation in Canned Food Industry - The digital transformation in the canned food industry is exemplified by the implementation of batch management, pressure gauge management, and temperature management in production facilities, leading to improved operational efficiency [1] - The recent "Implementation Plan for Digital Transformation in the Food Industry" identifies the canned food sector as a key area for digitalization, aiming to address pain points and accelerate the application of information technology [2] - The domestic canned food industry has seen a rise in the localization rate of key equipment from 60% to 70% during the "14th Five-Year Plan" period, reflecting increased investment in automation and intelligent equipment [3] Group 2: Technological Advancements and Efficiency Gains - The introduction of energy-efficient sterilization equipment has resulted in a 40% reduction in steam consumption, while a heat recovery system has lowered average energy consumption per product by 18% [4] - The digital production management system has improved production efficiency by 30% and reduced labor costs by 25%, showcasing the benefits of digitalization in operational processes [4] - Companies like Ningbo Today Food Co., Ltd. have achieved a 95% automation rate in key equipment and a 95% rate of automatic data collection, leading to a 30% increase in production efficiency and a 15% decrease in operational costs [4] Group 3: Future Outlook and Industry Evolution - The digital transformation is expected to significantly alter the competitive landscape and business models within the canned food industry, with potential new data service models emerging [5] - The industry is moving towards a more efficient, green, and innovative future, shedding its traditional labor-intensive image [6] - The "Implementation Plan" provides detailed guidance for the industry to better execute digital transformation, addressing challenges faced by small and medium-sized enterprises in terms of funding, technology, and talent [7]

Group 1 - The U.S. government has implemented a 50% tariff on imported steel and aluminum, increasing costs and uncertainty for businesses reliant on these metals for manufacturing, construction, and machinery [1][2] - The tariffs are part of a series of trade policies by the Trump administration, which claims that these measures will stimulate domestic production and create jobs, despite manufacturers expressing concerns over operational difficulties [2][5] - A canning company in the U.S. has reported that the increased tariffs will raise production costs for products like baby formula and dog food, leading to further price hikes for consumers [2][5] Group 2 - The automotive industry is significantly impacted by the tariffs, with steel being a major component in vehicles, potentially leading to price increases of $2,000 to $4,000 per new car [3] - The canning company has had to delay upgrading aging equipment due to the tariffs, highlighting the unpredictability and instability that these policies create for small businesses [5]