Book Review - 股票勝經 (龔成)

Summary
Overall this book teach much more about stock investing and how to choose and buy quality stock.
for what you as a consumer saw and test used before.
also it gives a few example to choose quality/good stock.
Quote : " Investing is to earn Asset Not Cash" reasons being cash in long run will depreciate but asset in long run will only appreciated.


Stock that is bad will have syndrome like below,

The way to count for discounted cash flow as below,

Overall is what i much interested is the portfolio management which comprise of below,
lesson learn would be investing to earn Asset not to earn $ only. Asset in long run will be much valuable compare to cash it self.

To make your stock portfolio balance should choose stock carefully with covering of industry so that when one of the industry not performing others industry still fine. similar to don't put all eggs inside one bucket.