I just watched some speech videos of Guan Shanxiang, a well-known private equity chairman who was once known as the "Chinese Buffett".

Personally, I feel that he is more suitable for financial education or financial commentary, similar to the author of "Rich Dad Poor Dad", and is not very suitable for investment.

Because he has some obvious shortcomings:

1. He lacks a systematic and structural knowledge framework, as well as in-depth general education.

When speaking, he is eloquent, but if you dig deeper into what he presents, you will find that it lacks deeper thinking and reasoning based on first principles.

2. Much of his shared content and information comes mainly from the Chinese world, and the quality and diversity of data and literature sources are relatively low.

This also reflects that he may have certain shortcomings in English, and therefore cannot read in depth higher quality and more diverse books and documents, as well as primary sources.

3. He is overly goal-oriented and once declared that he wanted to achieve an investment target of 50 billion.

However, the world is highly dynamic and complex, and those who are overly goal-oriented and linear in their thinking may eventually be challenged and limited by reality.

4. Lack of overall perspective and basic historical/political literacy

The world always has its underlying operating laws, whether it is nature, physics, biology, economics, human nature or many things in its long history.

It is said that most of his positions are in A-shares, and many of them are in real estate stocks.

A-shares have been struggling to defend the "3,000 points" for the past decade because of the widespread insider trading and a large number of shady operations behind the scenes.

Faced with such a stock market, the best approach is to take a detour and stay away from it.

The background behind the rapid growth of China's housing prices in the past two or three decades is the phased trends of economic development, such as population urbanization, monetary easing (over-issuance), and land fiscalization during China's rapid economic growth period.

The real estate game is destined to be a "finite game" rather than an "infinite game", and the game will eventually come to an end.

Buffett once said at the shareholders' meeting: "Only when the tide goes out do you discover who has been swimming naked." #一起来跟单 #注意资金安全 #美联储是否加息？ #带你看看币安Launchpad