为什么有些人的投资收益很多,而大多数人的收益则有限。在抛开运气这一成份之后,唯一的解释是,他们有完全不同的理解方式。财经媒体往往将差异归于,是否具有良好的心理状态,那么或者心理医生是最好的投资者? 股票的价值无疑是未来现金流的折现。我们通常使用市赢率、资产、以及目前逐渐被投资者接受的现金流量,来评估股票价格是高估或低估。当然,市场获利的手段是,低买高卖。问题在于这种途径,能 Why some people have a lot of investment returns, while most people have limited returns. The only explanation behind the element of luck is that they have totally different ways of understanding. Financial media tend to attribute the differences to whether or not they have a good mental state, or are psychologists the best investors? The value of a stock is undoubtedly a discount to future cash flows. We usually use the market-to-equity ratio, assets, and the cash flows that are currently accepted by investors, to assess whether the stock price is overvalued or undervalued. Of course, the market means profit is to buy low and sell high. The problem lies in this way, can