well-equipped

January 23, the author of % or more, the stock pinnacled, the probability is 90% stock market trends validate the author's judgments, the stock market in just a few days with 3100 points and 3000 points the next two important juncture.
not the author of the God Machine Miaosuan, but prefer reflects the collective mortification of the Fund: Fund high transparency of information as a team, their action of other investors by the market (especially private equity funds) take full convenience of always being beaten in a passive position. In this regard, as early as some people jokingly: The stock market is a fund to buy up the top, and the stock market hit the base of the fund to go on.
fund themselves for cling to the momentous The yearly turnover stock funds are more than 200%, some even surpassing 500%.
funds and retail investors merely distinction is scale is assorted, many larger size of the fund than individual investors, whether the Fund ambition lead the market out of stock fluctuations. In additional words, the development of the fund industry not only failed to stabilize the market, but more thespian fluctuations in the market.
Fund Why chase sell? funds do not adhere to the value of the investment and what the reason is long-term investments ?
root causes of ecological deterioration occasioned at the stock market. I once wrote a 2004 treatise on the ecology of the stock market, stock market likened to the ocean, raised funds is a huge fish, small fish retail, personal equity is the shark , meantime the listed company is the sea plants and other plants in photosynthesis. In the marine ecosystem, if a sufficiently massive digit of marine plants, plant photosynthesis to fish and various other animals meet edible needs, and vice versa, then ones devour the small fish or massive fish seemed the tragedy, the outcome is the big fish are complicated to survive.
Similarly, whether a listed enterprise can have more than ample to invest the market with ample dividends, the funds, retail investors get what they want, the stock market can healthy development, if the dividends of listed companies can not meet the natural requirements of the market, the market became a game between investors, retail investors earn the money heaved funds, and personal equity funds raised funds and retail investors make money.
What is normal market needs, should meet the emulating requirements: listed companies to investors, dividbring an end to ...come should be greater than the bond market and fixed deposit receipts, and be skillful to make up for the market risk of the wastage of the uncertainties. If the market can meet this requirement, the Fund no need to pursue sell and purchase stocks as long-term clutch on the binary, and can do the same as the value of Buffett's investment in long-term investment.
but the present reality is namely the stock market: All listed companies web profit of about 1 trillion, and the public investors profits of listed companies corresponding to about 4,000 billion yuan (6,000 billion corresponds to the remaining state-owned alternatively lawful person) In 2009 turnover of 35 trillion Shanghai, Shenzhen City, 19 trillion transactions, the 2 aggregate turnover of 54 trillion market, investors disburse transaction costs (including ticket obligation, commission, fund subscription and redemption fares, fund management fees) of approximately 350 billion yuan, profits of listed companies and the corresponding basic equal, distant greater than the listed companies bonuses.
investors acquired from the listed company synonymous with the cheap rate of return the stock price high. the A shares and H shares contrast prices above clear how much higher the domestic price. Deadline January 28, 2010 Close,toronto escorts, in the Mainland and Hong Kong-listed companies in the 61, only 8 H shares and A company's share price is virtually equal to H shares of 13 companies in the A share price is between the price of 0.99-0.8 times, 18 H shares of the company's A share price is between the price of 0.8-0.5 times,starting August first, there are 12 companies in the H share price fewer than the price of its A shares into 4. A share H share prices ashore mean higher than 1 times. be eminent that International investment in H shares of RMB gratitude expectations implicit factors, if not appreciation ingredient, H share price should be lower than even now.
Therefore, China's stock market investors, the negative-sum game between the games Funds can not be long-term investments and value providing, trends must be investment. handoff from the fund can be seen frequently fund managers do not deem in the value of investments and long-term investment. The irony is that the best proceeds fund managers trump card The idea turned out to be betting on stock culling and refuse re-stock shares, essentially no blue-chip investment. In my opinion, ace fund manager is profoundly understand the characteristics of China's stock market was won from a number of antagonists.
but the trend of investment that is cozy, it is hard. fund investment in the trend is jump to fall into many difficulties.
the stock market now in the public fund and private relationship between the game very much like the 30's ahead and after the Nationalist forces and the forces in the Jinggangshan as *** Expand the core of the siege and the battle against siege. public fund large-scale, well mobilized, transparent, well-equipped, such as the KMT's regular militia, always in a passive position of being beaten; and private equity funds dispelled, the size of a single fund is small, there is no need for disclosure, the action is very flexible, like *** mastery of the Red Army, despite the weakness in everything, but always in a flexible obtain.
raised funds for the purposes of, they annually to the personal transport a large number of agreeable folk. public offering is a private equity fund served as a private equity fund As Chiang Kai-shek's battle arrange has as yet communicated to front-line commanders, Mao yet know. This can annotate why large private equity funds altitude and hunters always an tread faster than the public fund.
these trend of investment is to reprehend. If you do not frequently alteration hands, there would be Chilipawai fable, beset and the war opposition the beset.
Fund is the only bright hereafter value of investment return to the alley up,toronto asian escort, but only have enough stock market value of investment shares.
history is full of dialectics, the aboriginal norm who was the original intention of the Development Fund to stabilize the mall, and fund evolution to a definite scale are required to return to a reasonable market amount, this is the market logic and rules.
regulators have to understand the dialectical relationship between the fund managers are likewise must be clear its location and mission. The parties should clutch this chance to restore the original traits of the stock market, the value of investment in the Fund took the right way.
2010 by the end of the stream of the market value of the stock market than they are immediately distending the scale of numerous market statutes will increasingly preponderate, the plan will automatically give course to the hand of hand of the market. fund is that the passive character of the market to strengthen.