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我是非常幸运啊
2
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40岁的时候做了一个人生最重要的选择
3
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去年从中国直接移民到美国
4
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如果说没有做这个觉醒的话呢
5
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他今天在国内啊
6
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这张雪峰的下场哈哈我比他可能还惨啊
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他确实能活活累死
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实际上这个也是跟自己出身有关系啊
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我发现呢只要是穷人出身的人呢
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他很喜欢把自己逼到一个高干杆
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高杆杆上
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你看我就自己讲自己创业的故事啊
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你我创业的时候就这样啊
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你看我做代理啊
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我一口气做了38个品牌代理
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实际上今天抢来那个时候呢一晚上睡俩小时啊
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从10年到2014年
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每天睡俩小时
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那我今天还在想
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我为什么做这么多品牌代理呢对吧
21
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那你说早教类的啊
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从这个小轮台是诺亚州独独爽
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好记星啊
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红恩罗辑狗早教又叫啊
25
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做了十几个品牌
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然后呢那垫脚呢你刚刚说了嘛
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好几瓶多大豆之类的嘛
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然后家电呢美帝九幺苏泊尔哈格里掀翻
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每侧做了十来个手机呢啊VIVOOPPO啊
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再加上其他的服装
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我还做了一些品牌啊
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服装保暖内衣我还做了很多品牌代理
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结果到后来一想
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我说我是是多么没有安全感啊
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才不敢把自己的命运呢寄托给一个公司
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一个品牌不敢的
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你知道吗
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就这种贫穷产生的不安全感
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当自己在每一次啊做一次争霸决策的时候
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总是担心啊
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总是往最坏的地方想说
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如果啊这个事没有了
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你该怎么办
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但有的时候呢其实这个想是对的啊
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就是啊你觉得你能够多一条路嘛
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但大部分时间呢实际上是多虑了啊
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因为实际上你做的多啊
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未必能做精啊
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你做的多呢
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你未必啊能够把每件事研究明白它
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所以说我到了2014年哈
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我当时做美帝啊
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啊包括VIVO
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OPPO啊
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这个品牌方开始提越来越要要求
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然后利润下滑的时候呢
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我又开始做自主品牌啊
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货单亚多朗啊
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路飞啊之类的
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其实2014年那个角色是很对的啊
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我后来想明白了
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就是如果说是吧
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你呢没有安全感
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那你就不要再横向啊
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不要再横向做的太多了
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你要再纵向
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比如说哎你就啊为了安全
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你要怎么做呢
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你可以从代理品牌做自主品牌
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比如我做两个代理啊
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我直接进入自主品牌对吧
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然后从自主品牌再去转全球化啊
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转海外这个路是对的
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但是呢我当时一个什么状态呢
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是我不知道该怎么做自主品牌
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那所以说呢我就开始测试品类啊
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测试了很多品类
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但是后面呢是因为你做了这么多代理啊
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导致你在啊
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比如家电那个领域啊
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你积累了很多的渠道和资源
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那正好呢把回到年和多朗啊直接用上了
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那这个呢也是很幸运啊
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就是能够很快的转型成功
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然后做自品牌之后呢
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然后慢慢的就就开始有供应链了啊
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就开始做全球啊
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做跨境电商
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然后来顺理成章的也开始做投资了
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就这个路子是真的是
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我给很多穷孩子出身的人讲啊
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就是你可以去尝试啊
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但建议不要做太多啊
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因为我当时是因为年轻嘛
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精力过剩
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再加上自己呢初生牛犊不怕虎
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那确实有这个心劲儿干的多嘛
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那以至于我这个习惯到今天讲投资啊
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我还是分享了很多行业啊
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我当时的逻辑是这样的啊
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比如说那我们讲一个行业啊
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有可能说你的啊
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你的分辨率
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你的识别率太低了
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那你通过多行业对比呢
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你可以找到更好的行业啊
107
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就像我原来做产品开发一样
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那我从100个产品啊
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开发一个爆款容易
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还是从两个里面选一个爆款容易
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肯定百里挑一嘛对吧
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百里挑一的准确率更高嘛
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但是呢这句话呢就是难在于说
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你怎么样把精力能够这么啊这么聚焦
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又深又宽啊
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又又又广
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这是非常非常不现实的
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所以实际上我最近我还在想啊
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那讲分享多呢
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确确实实呢有个好处
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你能把每个行业呢都有一个基础了解
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那坏处呢是你没有办法专一的盯着对吧
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实际上我真正擅长的还是消费品互联网是啊
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包括这个科技类的啊
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这是自己老本行嘛
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是因为你做手机做十几年哈
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做家电做了十几年啊
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做消费品啊
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前前后后啊做了十几年
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包括最近年这几年呢做了这个高复购的啊
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酒茶保健品之类的
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那这个行业你是有感觉的
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那互联网还不用讲
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你看我对阿里巴巴啊
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包括对这个京东啊啊拼多多啊啊
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包括亚马逊这种了解没有问题啊
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抖音啊啊社交媒体啊都很了解
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但是呢你难得又说你每次跨一个新类目呢
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你都需要花时间去研究
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所以导致了你们每天可能到来到美国之后
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还是要每天花十几个小时
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实际上我后来我看了看我看了看那个
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我看了看巴菲特
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巴菲特是怎么来
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他就是也是买了啊
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200多家公司啊
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也是横跨了几十个行业
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但他是用了70多年
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将近80年是吧
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然后在能源上是吧
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比如博客汽新能源啊
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西方石油啊
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雪佛龙啊啊
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再比如说消费品里面啊
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比如说星座品牌是包括这个啊
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卡布横市是吧
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包括这个啊他做的这个保险公司啊
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盖克保险啊
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包括这个这两年开始又开始布局科技啊
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从这个苹果到谷歌
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实际上你看巴菲特他在70多年
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他就横跨了消费科技啊
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能源是吧
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然后服装鞋帽
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那你要是去这个BRK的这个呃
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就他的额股东大会的时候
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你发现在在他的一楼
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那有60多个公司啊
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横跨服装鞋帽游艇糖果哈哈
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然后呵然后飞机助力
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然后很多很多房车
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其实他还是做了很多很多的
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其实巴菲特他真的是一个这个商业商业狂人啊
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就他真的是热爱这个事
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所以他也是横跨了很多领域
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但是呢我们现在做的东西呢就是分享对吧
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就分享很多行业
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但是你分享很多行业
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你也只能说呃显而易见
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比如说排除啊
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排除了很多商业模式差的啊
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排除了很多这种啊
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不是那种普通户报很好的啊
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排除很多这种对吧
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这种这种周期性的
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所以说你今年呢你发现问题就是啊
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如果你做周期是吧
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比如说你是从这个啊去年的这种啊
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有色金属啊
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到今年的这种啊AI产业链啊
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到今年的存储啊
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到这个再看下消费
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所以你整个配置呢到公共事业
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那变成了一个配置打法
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所以这个配置打法呢要求你对吧
196
00:06:00,600 --> 00:06:03,230
你要对每个领域的仓位啊
197
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股东回报啊
198
00:06:04,250 --> 00:06:06,129
护城河研究都要很深
199
00:06:06,129 --> 00:06:08,050
就这个问题在于说我们自身
200
00:06:08,050 --> 00:06:09,930
因为我们是属于自己研究啊
201
00:06:09,930 --> 00:06:10,930
自己去买啊
202
00:06:10,930 --> 00:06:11,569
这个很好
203
00:06:11,569 --> 00:06:12,860
但你分享的时候呢
204
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你未必就能分享的这么清楚啊
205
00:06:14,819 --> 00:06:16,220
这个也是我最近才开始思考的啊
206
00:06:16,220 --> 00:06:19,300
比如说其实今年的这种啊
207
00:06:19,300 --> 00:06:21,459
这种躺平股息的心态是很好的啊
208
00:06:21,459 --> 00:06:22,420
比如石油类的啊
209
00:06:22,420 --> 00:06:23,019
中国海洋石油
210
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西方石油啊
211
00:06:24,060 --> 00:06:25,220
比如说这个消费类的啊
212
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无论是这个星座品牌啊
213
00:06:26,500 --> 00:06:27,629
还是这个啊
214
00:06:27,629 --> 00:06:29,310
还是这个卡洛驰啊
215
00:06:29,310 --> 00:06:30,968
还是这个啊
216
00:06:30,968 --> 00:06:32,689
这个德国特户外其实都还是不错的
217
00:06:32,689 --> 00:06:33,629
体验还是很好的
218
00:06:33,629 --> 00:06:35,848
但体验差的呢就是数据中心类的啊
219
00:06:35,848 --> 00:06:36,908
比如说这个微软啊
220
00:06:36,908 --> 00:06:37,649
嘎股文啊
221
00:06:37,649 --> 00:06:38,889
体验就很差对吧
222
00:06:38,889 --> 00:06:41,110
那你那你那谷歌苹果其实体验还是不错的
223
00:06:41,110 --> 00:06:42,509
那互联网体验很差啊
224
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互联网这个呢因为自己很熟啊
225
00:06:44,189 --> 00:06:45,509
也给兄弟们提前讲了嘛
226
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把这个阿里巴巴啊
227
00:06:46,790 --> 00:06:48,149
至少180都清掉了啊
228
00:06:48,149 --> 00:06:51,149
然后呢啊然后拼多多的仓位控制的也可以啊
229
00:06:51,149 --> 00:06:53,149
然后呢这个腾讯呢属于低点啊
230
00:06:53,149 --> 00:06:53,810
低点开始超
231
00:06:53,810 --> 00:06:56,100
从哎从500开始就开始抄底
232
00:06:56,100 --> 00:06:56,839
加了一些
233
00:06:56,839 --> 00:06:59,180
其实互联网的话其实没摘过啊
234
00:06:59,180 --> 00:06:59,879
那没摘过
235
00:06:59,879 --> 00:07:01,720
你像快手这种其实抄的很少啊
236
00:07:01,720 --> 00:07:02,800
灌篮仓也都是利润
237
00:07:02,800 --> 00:07:03,670
其实也影响不大
238
00:07:03,670 --> 00:07:05,110
就是我现在想的是什么呢
239
00:07:05,110 --> 00:07:07,990
就是你能够经历呢真正研究明白的这几个行业
240
00:07:07,990 --> 00:07:08,970
比如互联网消费
241
00:07:08,970 --> 00:07:12,209
然后第二个呢就是啊比如说这个AI产业链啊
242
00:07:12,209 --> 00:07:15,139
再比如说这个啊公共事业也就这些
243
00:07:15,139 --> 00:07:16,980
如果只是局限于现有的公式研究
244
00:07:16,980 --> 00:07:18,259
其实这个事很轻松
245
00:07:18,259 --> 00:07:19,120
最怕的是什么呢
246
00:07:19,120 --> 00:07:20,319
就是你再去发掘对吧
247
00:07:20,319 --> 00:07:21,480
你要发掘潜力股啊
248
00:07:21,480 --> 00:07:22,319
翻倍股呀
249
00:07:22,319 --> 00:07:23,480
那这个过程难在哪呢
250
00:07:23,480 --> 00:07:25,120
就是你在发掘的同时
251
00:07:25,120 --> 00:07:26,639
你是有那个点的
252
00:07:26,639 --> 00:07:28,879
但是问题是你怎么样让别人能懂啊
253
00:07:28,879 --> 00:07:30,879
这就是我现在真的要认真思考的
254
00:07:30,879 --> 00:07:32,589
你怎么让别人听懂啊
255
00:07:32,589 --> 00:07:34,790
因为你的你的这个逻辑框架呢
256
00:07:34,790 --> 00:07:36,449
是因为长时间的钉啊
257
00:07:36,449 --> 00:07:37,509
能够覆盖住这些
258
00:07:37,509 --> 00:07:38,889
然后呢你能把对吧
259
00:07:38,889 --> 00:07:40,050
比如说像索罗斯一样
260
00:07:40,050 --> 00:07:41,769
索罗斯说我我一我做100个决策
261
00:07:41,769 --> 00:07:43,000
里面有70个是错的
262
00:07:43,000 --> 00:07:44,800
但是呢我那30个对的啊
263
00:07:44,800 --> 00:07:45,639
可以赚大钱
264
00:07:45,639 --> 00:07:47,350
我汽车多了可以亏小钱
265
00:07:47,350 --> 00:07:49,189
这个呢就是现在最大的问题
266
00:07:49,189 --> 00:07:50,870
就是你怎么讲明白是吧
267
00:07:50,870 --> 00:07:54,089
让大家在这种嘿嘿可能的错误上少亏啊
268
00:07:54,089 --> 00:07:55,810
在这种绝绝对阵型上多赚
269
00:07:55,810 --> 00:07:57,649
这个就是现在最难的一个事啊
270
00:07:57,649 --> 00:07:59,170
因为投资这个事我做到现在
271
00:07:59,170 --> 00:08:01,449
我就发现讲明白很容易
272
00:08:01,449 --> 00:08:03,750
但是呢如果说对方没有这个知识结构
273
00:08:03,750 --> 00:08:06,029
或者他啊对这个投资理解不深的话
274
00:08:06,029 --> 00:08:07,759
他是很难吸取对吧
275
00:08:07,759 --> 00:08:09,279
就像你做了一桌子菜一样哈
276
00:08:09,279 --> 00:08:10,819
就他的消化能力不强
277
00:08:10,819 --> 00:08:11,920
它吸收不了对吧
278
00:08:11,920 --> 00:08:13,720
你你的他只能吃这种啊
279
00:08:13,720 --> 00:08:14,480
比如吃个鸡蛋啊
280
00:08:14,480 --> 00:08:15,079
吃个饼干
281
00:08:15,079 --> 00:08:16,540
那你搞一堆这种哈
282
00:08:16,540 --> 00:08:18,399
就那种特别的深加工的东西
283
00:08:18,399 --> 00:08:20,139
它完全没有消化能力哈
284
00:08:20,139 --> 00:08:20,779
消化不良
285
00:08:20,779 --> 00:08:21,928
我靠哎呀
286
00:08:21,928 --> 00:08:23,848
所以说我觉得赚钱这个事啊
287
00:08:23,848 --> 00:08:25,689
做到最后你发现哎呀
288
00:08:25,689 --> 00:08:26,288
赚钱这个事儿
289
00:08:26,288 --> 00:08:29,620
真的是真的是需要非常强大的大脑
290
00:08:29,620 --> 00:08:31,500
对真的是深度思考啊
291
00:08:31,500 --> 00:08:34,110
然后呢啊对对行业啊
292
00:08:34,110 --> 00:08:35,549
对对企业的估值啊
293
00:08:35,549 --> 00:08:36,549
对这个股东回报啊
294
00:08:36,549 --> 00:08:37,710
包括这个同行业对比呢
295
00:08:37,710 --> 00:08:38,669
你要了如指掌
296
00:08:38,669 --> 00:08:40,710
所以本质上赚大钱的人为什么很少啊
297
00:08:40,710 --> 00:08:41,750
就是做到最后我发现啊
298
00:08:41,750 --> 00:08:44,789
就是你只能给一小部分极度勤奋
299
00:08:44,789 --> 00:08:45,990
或者说极度思考呃
300
00:08:45,990 --> 00:08:48,839
极度上层思考人去分享这个逻辑对吧
301
00:08:48,839 --> 00:08:52,119
但是呢你要是呃真的没有这个学习能力呢
302
00:08:52,119 --> 00:08:53,958
你只能去逮着一只公司啊
303
00:08:53,958 --> 00:08:55,198
商业模式顶尖的
304
00:08:55,198 --> 00:08:56,619
你也只能是呵呵
305
00:08:56,619 --> 00:08:59,359
长期拿着寻求一个10%的寻求回报
306
00:08:59,359 --> 00:09:00,698
就已经非常非常不错了
307
00:09:00,698 --> 00:09:03,090
但如果说你想寻求四十五十%的
308
00:09:03,090 --> 00:09:04,889
那你也必须去做研究啊
309
00:09:04,889 --> 00:09:06,809
像我一样大量的去发掘大量研究
310
00:09:06,809 --> 00:09:07,409
大量调研
311
00:09:07,409 --> 00:09:09,820
但这个过程确确实实非常消耗你的脑力
312
00:09:09,820 --> 00:09:11,000
你不是特别喜欢
313
00:09:11,000 --> 00:09:12,480
或者说你不是这种啊
314
00:09:12,480 --> 00:09:13,860
有有有一定的天赋的话
315
00:09:13,860 --> 00:09:16,639
你在这个事上想做透真的很难啊
316
00:09:16,639 --> 00:09:18,360
所以说这个呢我也是想哈
317
00:09:18,360 --> 00:09:20,200
就是我很庆幸来到美国了啊
318
00:09:20,200 --> 00:09:21,320
如果我在中国呵
319
00:09:21,320 --> 00:09:22,360
我这个事我干不了
320
00:09:22,360 --> 00:09:25,129
我根本没有时间这么像这么一样去思考
321
00:09:25,129 --> 00:09:25,669
第二个呢
322
00:09:25,669 --> 00:09:26,610
因为离得远嘛
323
00:09:26,610 --> 00:09:28,259
大家的反正呵对吧
324
00:09:28,259 --> 00:09:29,759
大家本来是不是一路人的话
325
00:09:29,759 --> 00:09:31,320
也没必要产生任何交集啊
326
00:09:31,320 --> 00:09:32,659
离得远的距离还能美嘛
327
00:09:32,659 --> 00:09:35,350
所以这个呢我是特别特别庆幸的啊
328
00:09:35,350 --> 00:09:36,529
就是在美国能做这个事
329
00:09:36,529 --> 00:09:38,259
在中国我肯定做不了的