每个人对风险的判断不一样,比如现在说6000点高不高估?很多人认为4000点就高估了,那是有可能的,那么他在高估的情况下卖掉,也是符合他的投资逻辑的。因为投资不是取决于一时一地谁胜谁负,而是取决于投资者的逻辑,投资的哲学体系是不是健全。投资不是一时一地,而是长期的,所以你要看这个人,他卖出的理由是什么,跟他的哲学是不是 Everyone’s judgment on the risk is different, for example, now said 6000 overestimated? Many people think 4000 overestimated, it is possible, then he sold in the case of overvaluation, but also in line with his Investment logic. Because the investment does not depend on who wins and who does not depend on the moment, but depends on the logic of investors, investment philosophical system is not sound. Investment is not a one-time, but long-term, so you look at this person, what is his reason for selling, with his philosophy is not