The essence of investment is to buy low and sell high to get the benefit of the difference in stock prices. Value investment also requires rational use of market opportunities. Most of the time, the market evaluates many stocks very accurately. When millions of buyers and sellers bargain, they can indeed make a relatively good stock price for the company in general. However, sometimes the price is incorrect; in some cases, serious price errors do occur. However, mood-changing marketers don't always value stocks like analysts or individual buyers. On the contrary, when stock prices rise, they are happy to pay a higher price than the objective value of the stock, and when the stock price falls, he will desperately sell stocks at a price lower than the actual value of the stock.
As Grandpa Graham said in “The Smart Investor,” we need to make good use of our basic strengths. Smart individual investors are completely free to choose whether to follow Mr. Market, let Mr. Market become your master, or will you turn him into your servant? You enjoy the right to make your own choices, think independently, and actively trade. Instead of predicting that the market may bid as a basis for trading, let alone be forced to trade due to the expiration of securities financing or the forced liquidation of positions, etc., and lose the initiative to trade.
At the same time, I also mentioned that we don't have to wait until the lowest price in the market to buy, because this may take a long time, and it's very likely that investment opportunities will be missed. The bottom of the stock market is often hit by financial leverage such as financing, and no one can anticipate it in advance. If we only talk about luck, we need a certain method to structure personal investment in advance...