2015年11月8日星期日

Want to be Chinese Buffett

Want to do "Buffett" in Chinese stock market? Hard
       Value investment is a significant gap between China and the western capital market. The value of the investment has become almost a sarcastic China in the stock market, being stuck in retail often self deprecating "stir fry into shareholders". However, the value of investment in the west is very market, Buffett in the long-term investment in the long-term, not only "fry the stock market as a shareholder", but also speculation into the super rich. In the future of China's capital market, whether there will be a number of "Buffett type" value investors? cnmoulding thought it was very difficult.
China Injection Molding Company-cnmoulding believes that Buffett's success lies in the selection of a number of outstanding enterprises, and long-term holding. However, China's economic transformation is very fast, the original investment value of the enterprise, may be a few years on the decline. Coupled with the current economic downturn of the environment, many listing Corporation difficult. "So how many companies are worth investing in? Here's a question mark ".
He believes that investors should keep pace with the times, to choose those who have the growth potential of the company, but also to choose a new industry, but the judgment
The persistence of emerging industries is very difficult. So in China to do a "Buffett style" value investors are very difficult, there are too many uncertainties.
China's stock market rules of the game will not change within 10 years
Speaking of Buffett, when it comes to the value of investment and long-term investment, have to say that China and the West mature market gap. Cnmoulding believes that China's stock market has its own rules of the game, will not change for 10 years.
He stressed that China's capital market is a new market, there are a lot of non-standard, is a highly regulated market, in this market, you can not completely learn Buffett, to learn the practice of mature markets, or to understand the rules of the game in our emerging markets, so that we can outperform the market."
Cnmoulding believes that China's stock market is a big rule is diversified, he said in the round table forum, do not put all the eggs in one basket". He cited a set of data, if an investor buys all the stocks from the lowest point in 2007, the return on investment is 110%.
"It took us 70 years to become a market from a retail market," Cnmoulding said. "We have not had a history of 25 years, a long way from a mature market. "
The Shanghai Composite Index has been seriously distorted, the gem is likely to have a high innovation
The media brokerage executives, settled the last question is always "cliche" to the market outlook on. The author before the interview Lee thunder is securities department colleagues "thousands of methotrexate methotrexate million charged", be sure to ask optimistic about what sectors and stocks in the fourth quarter.
While he was on the table of the round table, "if I know the answers, I don't have to sit here." But in the interview, he's still awesome made some predictions.
cnmoulding said, thirteen five planning after the introduction of the reform of state-owned enterprises, is a very hot topic. "Which state-owned enterprises are likely to be restructured, which will be out of business, what new business will be injected, I think is the eternal theme in the stock market."
As to the specific point of what? He said, "not too much attention to Shanghai, because it has a serious distortion, far underperformed the stock of all." He believes that the Shanghai composite index is very difficult to innovate, more than 6000 points have become history. However, he believes that the gem, the future of small and medium plates are likely to be innovative high.

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