投资的核心是寻找风险收益的不对称性,而找到这种时机的前提是要对周期有深刻的理解。很多人不喜欢调整周期,但事实上这并不是什么坏事。诺亚方舟的故事大家耳熟能详,它来自《圣经》,《圣经》上说,义人诺亚受神的启示,在豪雨来临之前建造了方舟。 The core of investment is to find the asymmetry of risk and return, and the premise for finding such an opportunity is to have a deep understanding of the cycle. Many people do not like to adjust the cycle, but in fact this is not a bad thing. The story of Noah’s Ark is well known. It comes from the Bible and the Bible, saying that Noah, the righteous man, was inspired by God and built an ark before the advent of heavy rain.