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Gbsmidoban

Gbsmidoban

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2021-11-13

$Alibaba(BABA)$is giving 11.11discount voucher for his shares now. Buy it before the voucher expired and it’s has limited vouchers available!

2021-11-01

Come

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-01

NO $300 NO Sell $Alibaba(BABA)$

2021-10-30

Come come come

@小虎活动:[Halloween Game] Trade or Treat!

2021-10-29

Come join us

@小虎活动:[Halloween Game] Trade or Treat!

2021-10-29

Game started

@小虎活动:[Halloween Game] Trade or Treat!

2021-10-08

good

抱歉，原内容已删除

2021-09-26

Please like and comments! Thanks [Grin] [Grin]

2 Recession-Proof Stocks to Buy Now

2021-06-12

星期一休息

提醒：端午休市安排来了！港股6月14日休市一天

2021-06-12

感谢

抱歉，原内容已删除

去老虎APP查看更多动态

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Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821387232,"gmtCreate":1633699443646,"gmtModify":1633699443870,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":40,"repostSize":0,"link":"https://laohu8.com/post/821387232","repostId":"1194871753","repostType":2,"isVote":1,"tweetType":1,"viewCount":732,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868169209,"gmtCreate":1632620743801,"gmtModify":1632651346013,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comments! Thanks [Grin]&nbsp;[Grin]&nbsp;","listText":"Please like and comments! Thanks [Grin]&nbsp;[Grin]&nbsp;","text":"Please like and comments! Thanks [Grin] [Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":15,"repostSize":0,"link":"https://laohu8.com/post/868169209","repostId":"2170909614","repostType":4,"repost":{"id":"2170909614","pubTimestamp":1632619163,"share":"https://www.laohu8.com/m/news/2170909614?lang=&edition=full","pubTime":"2021-09-26 09:19","market":"us","language":"en","title":"2 Recession-Proof Stocks to Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2170909614","media":"Motley Fool","summary":"In both good times and bad, you can count on these stalwarts to protect your portfolio.","content":"<p>Let me be clear: No <a href=\"https://laohu8.com/S/AONE.U\">one</a> knows with any level of certainly when the next recession is going to happen. No one. But that doesn't stop strategists at big banks or talking heads on financial news outlets from trying to make predictions. And particularly as of late, concerns including higher inflation, the Fed's policies, and the ongoing pandemic are all complicating things more for investors.&nbsp;</p>\n<p>There is one course of action, however, that you can take to position your portfolio for whatever happens next in the economy or the stock market. I'm talking about looking at recession-proof stocks, which perform well in both good and bad times. Here are two resilient retailers you might want to consider.&nbsp;</p>\n<h2>Winning the discount store battle&nbsp;</h2>\n<p>With sales of $33.7 billion over the past 12 months,&nbsp;<b>Dollar General</b>&nbsp;(NYSE:DG) is the largest discount-store chain in the U.S. The Tennessee-based business has over 17,683 general merchandise stores that sell snacks, beauty products, cleaning supplies, apparel and more with prices primarily less than $5. The business experienced a surge during the pandemic but in the most recent quarter, sales were essentially flat when faced with a tough year-ago comparison.&nbsp;</p>\n<p>Since Dollar General's prices are so low, it does well in downturned economic times as people try to save money. During the Great Recession, revenue didn't decline, as the company's value proposition for budget-conscious customers strengthened. Fiscal 2020 was Dollar General's 31st straight year of same-store sales (or comps) growth. The stock has been a historical winner, too, beating the <b>S&amp;P 500</b>&nbsp;over the past three-, five-, and 10-year time frames.&nbsp;</p>\n<p>A remarkable 75% of Dollar General's stores are in towns with fewer than 20,000 people, providing the business with a location-based advantage. This strategy doesn't make financial sense for many big-box retailers, which often leaves Dollar General as the primary shopping outlet in these rural communities. Choosing these areas to build its stores, averaging 7,400&nbsp;square feet in size, is also cheaper. It's no wonder the company's net income has soared 336%&nbsp;over the past decade.&nbsp;</p>\n<p>Management still has plans to add new stores at a fast clip, with 1,050 openings scheduled for this fiscal year alone. Dollar General also pays a dividend, has been a perennial share repurchaser, and trades for a reasonable 21 times forward earnings. Add this discount retailer to your shopping bag if you're worried about a looming recession.&nbsp;</p>\n<p><img src=\"https://static.tigerbbs.com/b3d4a244507fb92fcac35bd309bdc089\" tg-width=\"700\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>A booming auto parts chain&nbsp;</h2>\n<p>Another top-notch recession-proof business to consider is <b>O'Reilly Automotive</b>&nbsp;(NASDAQ:ORLY). Operating in a boring sector of the economy, this company thrived during the pandemic as consumers increased their spending on auto repairs. And the momentum is still strong. In the most recent quarter, comps jumped 9.9%. And this was after growing 16.2% in the second quarter of 2020.&nbsp;</p>\n<p>During 2008 and 2009, O'Reilly's sales increased 41.8% and 35.5%, respectively, as consumers held off purchasing new cars and instead invested in extending the life of the automobiles they already owned. But even in prosperous economic times, people tend to drive more on average, raising wear and tear on vehicles and supporting demand for the chain's products.&nbsp;</p>\n<p>O'Reilly's competitive advantage stems from a robust distribution network, which is strengthened by over 5,700 stores in the U.S. Customers are not only do-it-yourselfers, but also auto mechanics that need parts as quickly as possible to run their businesses. This is the main reason the company has defended itself against the threat of e-commerce. \"Last quarter, about three-quarters of our online sales were pick up in store or ship to store,\" CEO Greg Johnson said on the earnings&nbsp;call, demonstrating the immediacy of product need.&nbsp;</p>\n<p>Having reduced the outstanding share count by half since 2011, O'Reilly directs any cash flow left after reinvesting in the business toward buybacks, boosting investor returns. What's more, a forward price-to-earnings ratio of 22 for such a high-quality company seems to make the stock a no-brainer.&nbsp;</p>\n<p>There will always be fears on investors' minds at any point in time. The best protection against this is to seek out exceptional stocks that have proven business models in any macroeconomic climate. That being said, it doesn't get much better than Dollar General and O'Reilly.&nbsp;</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Recession-Proof Stocks to Buy Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Recession-Proof Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-26 09:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/25/2-recession-proof-stocks-to-buy-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Let me be clear: No one knows with any level of certainly when the next recession is going to happen. No one. But that doesn't stop strategists at big banks or talking heads on financial news outlets ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/25/2-recession-proof-stocks-to-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F641512%2Fgettyimages-471068193.jpg&amp;w=700&amp;op=resize","relate_stocks":{"DG":"美国达乐公司"},"source_url":"https://www.fool.com/investing/2021/09/25/2-recession-proof-stocks-to-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170909614","content_text":"Let me be clear: No one knows with any level of certainly when the next recession is going to happen. No one. But that doesn't stop strategists at big banks or talking heads on financial news outlets from trying to make predictions. And particularly as of late, concerns including higher inflation, the Fed's policies, and the ongoing pandemic are all complicating things more for investors. \nThere is one course of action, however, that you can take to position your portfolio for whatever happens next in the economy or the stock market. I'm talking about looking at recession-proof stocks, which perform well in both good and bad times. Here are two resilient retailers you might want to consider. \nWinning the discount store battle \nWith sales of $33.7 billion over the past 12 months, Dollar General (NYSE:DG) is the largest discount-store chain in the U.S. The Tennessee-based business has over 17,683 general merchandise stores that sell snacks, beauty products, cleaning supplies, apparel and more with prices primarily less than $5. The business experienced a surge during the pandemic but in the most recent quarter, sales were essentially flat when faced with a tough year-ago comparison. \nSince Dollar General's prices are so low, it does well in downturned economic times as people try to save money. During the Great Recession, revenue didn't decline, as the company's value proposition for budget-conscious customers strengthened. Fiscal 2020 was Dollar General's 31st straight year of same-store sales (or comps) growth. The stock has been a historical winner, too, beating the S&P 500 over the past three-, five-, and 10-year time frames. \nA remarkable 75% of Dollar General's stores are in towns with fewer than 20,000 people, providing the business with a location-based advantage. This strategy doesn't make financial sense for many big-box retailers, which often leaves Dollar General as the primary shopping outlet in these rural communities. Choosing these areas to build its stores, averaging 7,400 square feet in size, is also cheaper. It's no wonder the company's net income has soared 336% over the past decade. \nManagement still has plans to add new stores at a fast clip, with 1,050 openings scheduled for this fiscal year alone. Dollar General also pays a dividend, has been a perennial share repurchaser, and trades for a reasonable 21 times forward earnings. Add this discount retailer to your shopping bag if you're worried about a looming recession. \n\nImage source: Getty Images.\nA booming auto parts chain \nAnother top-notch recession-proof business to consider is O'Reilly Automotive (NASDAQ:ORLY). Operating in a boring sector of the economy, this company thrived during the pandemic as consumers increased their spending on auto repairs. And the momentum is still strong. In the most recent quarter, comps jumped 9.9%. And this was after growing 16.2% in the second quarter of 2020. \nDuring 2008 and 2009, O'Reilly's sales increased 41.8% and 35.5%, respectively, as consumers held off purchasing new cars and instead invested in extending the life of the automobiles they already owned. But even in prosperous economic times, people tend to drive more on average, raising wear and tear on vehicles and supporting demand for the chain's products. \nO'Reilly's competitive advantage stems from a robust distribution network, which is strengthened by over 5,700 stores in the U.S. Customers are not only do-it-yourselfers, but also auto mechanics that need parts as quickly as possible to run their businesses. This is the main reason the company has defended itself against the threat of e-commerce. \"Last quarter, about three-quarters of our online sales were pick up in store or ship to store,\" CEO Greg Johnson said on the earnings call, demonstrating the immediacy of product need. \nHaving reduced the outstanding share count by half since 2011, O'Reilly directs any cash flow left after reinvesting in the business toward buybacks, boosting investor returns. What's more, a forward price-to-earnings ratio of 22 for such a high-quality company seems to make the stock a no-brainer. \nThere will always be fears on investors' minds at any point in time. The best protection against this is to seek out exceptional stocks that have proven business models in any macroeconomic climate. That being said, it doesn't get much better than Dollar General and O'Reilly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":186103955,"gmtCreate":1623476449177,"gmtModify":1634032595586,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"星期一休息","listText":"星期一休息","text":"星期一休息","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/186103955","repostId":"1105134625","repostType":4,"repost":{"id":"1105134625","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623140058,"share":"https://www.laohu8.com/m/news/1105134625?lang=&edition=full","pubTime":"2021-06-08 16:14","market":"us","language":"zh","title":"提醒：端午休市安排来了！港股6月14日休市一天","url":"https://stock-news.laohu8.com/highlight/detail?id=1105134625","media":"老虎资讯综合","summary":"6月14日（周一）休市，6月15日（周二）起照常开市。美股、英股、新加坡股市照常交易。端午节，又称端阳节、龙舟节、天中节等，源于自然天象崇拜，由上古时代祭龙演变而来。因传说战国时期的楚国诗人屈原在五月五日跳汨罗江自尽，后来人们亦将端午节作为纪念屈原的节日；也有纪念伍子胥、曹娥及介子推等说法。总的来说，端午节起源于上古先民择“飞龙在天”吉日拜祭龙祖、祈福辟邪，注入夏季时令“祛病防疫\"风尚。","content":"<p>临近中国传统节日端午节假期，各主要市场休市安排如下：<img src=\"https://static.tigerbbs.com/ad358d24b10a4ecf9c9fa183f3c2ab9b\" tg-width=\"779\" tg-height=\"667\" referrerpolicy=\"no-referrer\"><b>A股：</b></p><p>6月14日（周一）休市，6月15日（周二）起照常开市。</p><p><b>港股：</b></p><p>6月14日（周一）休市，6月15日（周二）起照常开市。</p><p><b>澳股：</b></p><p>6月14日（周一）因&nbsp;Queen's Birthday&nbsp;休市，6月15日（周二）起照常开市。</p><p><b>美股、英股、新加坡股市照常交易。</b></p><p><b>沪股通、深股通：</b></p><p>6月14日（周一）不提供服务，6月15日（周二）起照常开通。</p><p><b>港股通：</b></p><p>6月14日（周一）不提供服务，6月15日（周二）起照常开通。</p><p><b>背景介绍：</b></p><p>端午节，又称端阳节、龙舟节、天中节等，源于自然天象崇拜，由上古时代祭龙演变而来。仲夏端午，苍龙七宿飞升于正南中天，处于全年最“正中”之位，即如《易经·乾卦》第五爻的爻辞曰：“飞龙在天”。其起源涵盖了古老星象文化、人文哲学等方面内容，蕴含着深邃丰厚的文化内涵，在传承发展中杂糅了多种民俗为一体，节俗内容丰富。扒龙舟与食粽是端午节的两大礼俗，这两大礼俗在中国自古传承，至今不辍。</p><p>端午节，本是上古先民创立用于拜祭龙祖、祈福辟邪的节日。因传说战国时期的楚国诗人屈原在五月五日跳汨罗江自尽，后来人们亦将端午节作为纪念屈原的节日；也有纪念伍子胥、曹娥及介子推等说法。总的来说，端午节起源于上古先民择“飞龙在天”吉日拜祭龙祖、祈福辟邪，注入夏季时令“祛病防疫\"风尚。<img src=\"https://static.tigerbbs.com/09ea6dbc4088c8bacb63a863e559c64b\" tg-width=\"640\" tg-height=\"424\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>提醒：端午休市安排来了！港股6月14日休市一天</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n提醒：端午休市安排来了！港股6月14日休市一天\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-06-08 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>临近中国传统节日端午节假期，各主要市场休市安排如下：<img src=\"https://static.tigerbbs.com/ad358d24b10a4ecf9c9fa183f3c2ab9b\" tg-width=\"779\" tg-height=\"667\" referrerpolicy=\"no-referrer\"><b>A股：</b></p><p>6月14日（周一）休市，6月15日（周二）起照常开市。</p><p><b>港股：</b></p><p>6月14日（周一）休市，6月15日（周二）起照常开市。</p><p><b>澳股：</b></p><p>6月14日（周一）因&nbsp;Queen's Birthday&nbsp;休市，6月15日（周二）起照常开市。</p><p><b>美股、英股、新加坡股市照常交易。</b></p><p><b>沪股通、深股通：</b></p><p>6月14日（周一）不提供服务，6月15日（周二）起照常开通。</p><p><b>港股通：</b></p><p>6月14日（周一）不提供服务，6月15日（周二）起照常开通。</p><p><b>背景介绍：</b></p><p>端午节，又称端阳节、龙舟节、天中节等，源于自然天象崇拜，由上古时代祭龙演变而来。仲夏端午，苍龙七宿飞升于正南中天，处于全年最“正中”之位，即如《易经·乾卦》第五爻的爻辞曰：“飞龙在天”。其起源涵盖了古老星象文化、人文哲学等方面内容，蕴含着深邃丰厚的文化内涵，在传承发展中杂糅了多种民俗为一体，节俗内容丰富。扒龙舟与食粽是端午节的两大礼俗，这两大礼俗在中国自古传承，至今不辍。</p><p>端午节，本是上古先民创立用于拜祭龙祖、祈福辟邪的节日。因传说战国时期的楚国诗人屈原在五月五日跳汨罗江自尽，后来人们亦将端午节作为纪念屈原的节日；也有纪念伍子胥、曹娥及介子推等说法。总的来说，端午节起源于上古先民择“飞龙在天”吉日拜祭龙祖、祈福辟邪，注入夏季时令“祛病防疫\"风尚。<img src=\"https://static.tigerbbs.com/09ea6dbc4088c8bacb63a863e559c64b\" tg-width=\"640\" tg-height=\"424\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/09ea6dbc4088c8bacb63a863e559c64b","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105134625","content_text":"临近中国传统节日端午节假期，各主要市场休市安排如下：A股：6月14日（周一）休市，6月15日（周二）起照常开市。港股：6月14日（周一）休市，6月15日（周二）起照常开市。澳股：6月14日（周一）因 Queen's Birthday 休市，6月15日（周二）起照常开市。美股、英股、新加坡股市照常交易。沪股通、深股通：6月14日（周一）不提供服务，6月15日（周二）起照常开通。港股通：6月14日（周一）不提供服务，6月15日（周二）起照常开通。背景介绍：端午节，又称端阳节、龙舟节、天中节等，源于自然天象崇拜，由上古时代祭龙演变而来。仲夏端午，苍龙七宿飞升于正南中天，处于全年最“正中”之位，即如《易经·乾卦》第五爻的爻辞曰：“飞龙在天”。其起源涵盖了古老星象文化、人文哲学等方面内容，蕴含着深邃丰厚的文化内涵，在传承发展中杂糅了多种民俗为一体，节俗内容丰富。扒龙舟与食粽是端午节的两大礼俗，这两大礼俗在中国自古传承，至今不辍。端午节，本是上古先民创立用于拜祭龙祖、祈福辟邪的节日。因传说战国时期的楚国诗人屈原在五月五日跳汨罗江自尽，后来人们亦将端午节作为纪念屈原的节日；也有纪念伍子胥、曹娥及介子推等说法。总的来说，端午节起源于上古先民择“飞龙在天”吉日拜祭龙祖、祈福辟邪，注入夏季时令“祛病防疫\"风尚。","news_type":1},"isVote":1,"tweetType":1,"viewCount":609,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":186100258,"gmtCreate":1623476353174,"gmtModify":1634032596754,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"感谢","listText":"感谢","text":"感谢","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/186100258","repostId":"1101413680","repostType":4,"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":821387232,"gmtCreate":1633699443646,"gmtModify":1633699443870,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":40,"repostSize":0,"link":"https://laohu8.com/post/821387232","repostId":"1194871753","repostType":2,"repost":{"id":"1194871753","pubTimestamp":1633664026,"share":"https://www.laohu8.com/m/news/1194871753?lang=&edition=full","pubTime":"2021-10-08 11:33","market":"us","language":"en","title":"Buffett pal Charlie Munger is doubling down on Alibaba bet","url":"https://stock-news.laohu8.com/highlight/detail?id=1194871753","media":"CNN Business","summary":"New York (CNN Business) - Charlie Munger, the 97-year old vice chairman of Warren Buffett'sBerkshire","content":"<p><b>New York (CNN Business)&nbsp;-&nbsp;</b>Charlie Munger, the 97-year old vice chairman of Warren Buffett'sBerkshire Hathaway, has long been bullish on China's economy. Now, Munger is putting more of his own firm's money into one of China's most well-known stocks: Alibaba.</p>\n<p>Munger's newspaper publisher and investment firm&nbsp;Daily Journal&nbsp;revealed in a&nbsp;regulatory filing&nbsp;earlier this week that it boosted its position in&nbsp;Alibaba&nbsp;by nearly 83% in the third quarter.</p>\n<p>Daily Journal now owns more than 302,000 shares of the Chinese e-commerce and cloud giant, almost doubling its position of 165,000 shares in the second quarter. The company's Alibaba stake is now worth about $45 million.</p>\n<p>Shares of Alibaba surged nearly 9% Thursday and have gained more than 12% since Tuesday, the day that Daily Journal disclosed its increased stake in the company.</p>\n<p>Notably, Alibaba is the only stock that Daily Journal boosted its position in during the third quarter. Munger's firm held steady with stakes in four other companies: financial giantsBank of America,US Bancorp&nbsp;and&nbsp;Wells Fargo&nbsp;as well as South Korean steelmaker&nbsp;Posco.</p>\n<p>Alibaba isn't the only top Chinese stock to rally in recent days.</p>\n<p>Rival digital retailers&nbsp;JD.com&nbsp;and&nbsp;Pinduoduo&nbsp;as well as tech firms&nbsp;Baidu&nbsp;and&nbsp;Tencent&nbsp;have surged too.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett pal Charlie Munger is doubling down on Alibaba bet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuffett pal Charlie Munger is doubling down on Alibaba bet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-08 11:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/10/07/investing/charlie-munger-alibaba-china-stocks/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) - Charlie Munger, the 97-year old vice chairman of Warren Buffett'sBerkshire Hathaway, has long been bullish on China's economy. Now, Munger is putting more of his own firm's ...</p>\n\n<a href=\"https://edition.cnn.com/2021/10/07/investing/charlie-munger-alibaba-china-stocks/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","BABA":"阿里巴巴"},"source_url":"https://edition.cnn.com/2021/10/07/investing/charlie-munger-alibaba-china-stocks/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194871753","content_text":"New York (CNN Business) - Charlie Munger, the 97-year old vice chairman of Warren Buffett'sBerkshire Hathaway, has long been bullish on China's economy. Now, Munger is putting more of his own firm's money into one of China's most well-known stocks: Alibaba.\nMunger's newspaper publisher and investment firm Daily Journal revealed in a regulatory filing earlier this week that it boosted its position in Alibaba by nearly 83% in the third quarter.\nDaily Journal now owns more than 302,000 shares of the Chinese e-commerce and cloud giant, almost doubling its position of 165,000 shares in the second quarter. The company's Alibaba stake is now worth about $45 million.\nShares of Alibaba surged nearly 9% Thursday and have gained more than 12% since Tuesday, the day that Daily Journal disclosed its increased stake in the company.\nNotably, Alibaba is the only stock that Daily Journal boosted its position in during the third quarter. Munger's firm held steady with stakes in four other companies: financial giantsBank of America,US Bancorp and Wells Fargo as well as South Korean steelmaker Posco.\nAlibaba isn't the only top Chinese stock to rally in recent days.\nRival digital retailers JD.com and Pinduoduo as well as tech firms Baidu and Tencent have surged too.","news_type":1},"isVote":1,"tweetType":1,"viewCount":732,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868169209,"gmtCreate":1632620743801,"gmtModify":1632651346013,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comments! Thanks [Grin]&nbsp;[Grin]&nbsp;","listText":"Please like and comments! Thanks [Grin]&nbsp;[Grin]&nbsp;","text":"Please like and comments! Thanks [Grin] [Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":15,"repostSize":0,"link":"https://laohu8.com/post/868169209","repostId":"2170909614","repostType":4,"repost":{"id":"2170909614","pubTimestamp":1632619163,"share":"https://www.laohu8.com/m/news/2170909614?lang=&edition=full","pubTime":"2021-09-26 09:19","market":"us","language":"en","title":"2 Recession-Proof Stocks to Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2170909614","media":"Motley Fool","summary":"In both good times and bad, you can count on these stalwarts to protect your portfolio.","content":"<p>Let me be clear: No <a href=\"https://laohu8.com/S/AONE.U\">one</a> knows with any level of certainly when the next recession is going to happen. No one. But that doesn't stop strategists at big banks or talking heads on financial news outlets from trying to make predictions. And particularly as of late, concerns including higher inflation, the Fed's policies, and the ongoing pandemic are all complicating things more for investors.&nbsp;</p>\n<p>There is one course of action, however, that you can take to position your portfolio for whatever happens next in the economy or the stock market. I'm talking about looking at recession-proof stocks, which perform well in both good and bad times. Here are two resilient retailers you might want to consider.&nbsp;</p>\n<h2>Winning the discount store battle&nbsp;</h2>\n<p>With sales of $33.7 billion over the past 12 months,&nbsp;<b>Dollar General</b>&nbsp;(NYSE:DG) is the largest discount-store chain in the U.S. The Tennessee-based business has over 17,683 general merchandise stores that sell snacks, beauty products, cleaning supplies, apparel and more with prices primarily less than $5. The business experienced a surge during the pandemic but in the most recent quarter, sales were essentially flat when faced with a tough year-ago comparison.&nbsp;</p>\n<p>Since Dollar General's prices are so low, it does well in downturned economic times as people try to save money. During the Great Recession, revenue didn't decline, as the company's value proposition for budget-conscious customers strengthened. Fiscal 2020 was Dollar General's 31st straight year of same-store sales (or comps) growth. The stock has been a historical winner, too, beating the <b>S&amp;P 500</b>&nbsp;over the past three-, five-, and 10-year time frames.&nbsp;</p>\n<p>A remarkable 75% of Dollar General's stores are in towns with fewer than 20,000 people, providing the business with a location-based advantage. This strategy doesn't make financial sense for many big-box retailers, which often leaves Dollar General as the primary shopping outlet in these rural communities. Choosing these areas to build its stores, averaging 7,400&nbsp;square feet in size, is also cheaper. It's no wonder the company's net income has soared 336%&nbsp;over the past decade.&nbsp;</p>\n<p>Management still has plans to add new stores at a fast clip, with 1,050 openings scheduled for this fiscal year alone. Dollar General also pays a dividend, has been a perennial share repurchaser, and trades for a reasonable 21 times forward earnings. Add this discount retailer to your shopping bag if you're worried about a looming recession.&nbsp;</p>\n<p><img src=\"https://static.tigerbbs.com/b3d4a244507fb92fcac35bd309bdc089\" tg-width=\"700\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>A booming auto parts chain&nbsp;</h2>\n<p>Another top-notch recession-proof business to consider is <b>O'Reilly Automotive</b>&nbsp;(NASDAQ:ORLY). Operating in a boring sector of the economy, this company thrived during the pandemic as consumers increased their spending on auto repairs. And the momentum is still strong. In the most recent quarter, comps jumped 9.9%. And this was after growing 16.2% in the second quarter of 2020.&nbsp;</p>\n<p>During 2008 and 2009, O'Reilly's sales increased 41.8% and 35.5%, respectively, as consumers held off purchasing new cars and instead invested in extending the life of the automobiles they already owned. But even in prosperous economic times, people tend to drive more on average, raising wear and tear on vehicles and supporting demand for the chain's products.&nbsp;</p>\n<p>O'Reilly's competitive advantage stems from a robust distribution network, which is strengthened by over 5,700 stores in the U.S. Customers are not only do-it-yourselfers, but also auto mechanics that need parts as quickly as possible to run their businesses. This is the main reason the company has defended itself against the threat of e-commerce. \"Last quarter, about three-quarters of our online sales were pick up in store or ship to store,\" CEO Greg Johnson said on the earnings&nbsp;call, demonstrating the immediacy of product need.&nbsp;</p>\n<p>Having reduced the outstanding share count by half since 2011, O'Reilly directs any cash flow left after reinvesting in the business toward buybacks, boosting investor returns. What's more, a forward price-to-earnings ratio of 22 for such a high-quality company seems to make the stock a no-brainer.&nbsp;</p>\n<p>There will always be fears on investors' minds at any point in time. The best protection against this is to seek out exceptional stocks that have proven business models in any macroeconomic climate. That being said, it doesn't get much better than Dollar General and O'Reilly.&nbsp;</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Recession-Proof Stocks to Buy Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Recession-Proof Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-26 09:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/25/2-recession-proof-stocks-to-buy-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Let me be clear: No one knows with any level of certainly when the next recession is going to happen. No one. But that doesn't stop strategists at big banks or talking heads on financial news outlets ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/25/2-recession-proof-stocks-to-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F641512%2Fgettyimages-471068193.jpg&amp;w=700&amp;op=resize","relate_stocks":{"DG":"美国达乐公司"},"source_url":"https://www.fool.com/investing/2021/09/25/2-recession-proof-stocks-to-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170909614","content_text":"Let me be clear: No one knows with any level of certainly when the next recession is going to happen. No one. But that doesn't stop strategists at big banks or talking heads on financial news outlets from trying to make predictions. And particularly as of late, concerns including higher inflation, the Fed's policies, and the ongoing pandemic are all complicating things more for investors. \nThere is one course of action, however, that you can take to position your portfolio for whatever happens next in the economy or the stock market. I'm talking about looking at recession-proof stocks, which perform well in both good and bad times. Here are two resilient retailers you might want to consider. \nWinning the discount store battle \nWith sales of $33.7 billion over the past 12 months, Dollar General (NYSE:DG) is the largest discount-store chain in the U.S. The Tennessee-based business has over 17,683 general merchandise stores that sell snacks, beauty products, cleaning supplies, apparel and more with prices primarily less than $5. The business experienced a surge during the pandemic but in the most recent quarter, sales were essentially flat when faced with a tough year-ago comparison. \nSince Dollar General's prices are so low, it does well in downturned economic times as people try to save money. During the Great Recession, revenue didn't decline, as the company's value proposition for budget-conscious customers strengthened. Fiscal 2020 was Dollar General's 31st straight year of same-store sales (or comps) growth. The stock has been a historical winner, too, beating the S&P 500 over the past three-, five-, and 10-year time frames. \nA remarkable 75% of Dollar General's stores are in towns with fewer than 20,000 people, providing the business with a location-based advantage. This strategy doesn't make financial sense for many big-box retailers, which often leaves Dollar General as the primary shopping outlet in these rural communities. Choosing these areas to build its stores, averaging 7,400 square feet in size, is also cheaper. It's no wonder the company's net income has soared 336% over the past decade. \nManagement still has plans to add new stores at a fast clip, with 1,050 openings scheduled for this fiscal year alone. Dollar General also pays a dividend, has been a perennial share repurchaser, and trades for a reasonable 21 times forward earnings. Add this discount retailer to your shopping bag if you're worried about a looming recession. \n\nImage source: Getty Images.\nA booming auto parts chain \nAnother top-notch recession-proof business to consider is O'Reilly Automotive (NASDAQ:ORLY). Operating in a boring sector of the economy, this company thrived during the pandemic as consumers increased their spending on auto repairs. And the momentum is still strong. In the most recent quarter, comps jumped 9.9%. And this was after growing 16.2% in the second quarter of 2020. \nDuring 2008 and 2009, O'Reilly's sales increased 41.8% and 35.5%, respectively, as consumers held off purchasing new cars and instead invested in extending the life of the automobiles they already owned. But even in prosperous economic times, people tend to drive more on average, raising wear and tear on vehicles and supporting demand for the chain's products. \nO'Reilly's competitive advantage stems from a robust distribution network, which is strengthened by over 5,700 stores in the U.S. Customers are not only do-it-yourselfers, but also auto mechanics that need parts as quickly as possible to run their businesses. This is the main reason the company has defended itself against the threat of e-commerce. \"Last quarter, about three-quarters of our online sales were pick up in store or ship to store,\" CEO Greg Johnson said on the earnings call, demonstrating the immediacy of product need. \nHaving reduced the outstanding share count by half since 2011, O'Reilly directs any cash flow left after reinvesting in the business toward buybacks, boosting investor returns. What's more, a forward price-to-earnings ratio of 22 for such a high-quality company seems to make the stock a no-brainer. \nThere will always be fears on investors' minds at any point in time. The best protection against this is to seek out exceptional stocks that have proven business models in any macroeconomic climate. That being said, it doesn't get much better than Dollar General and O'Reilly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849769417,"gmtCreate":1635777966586,"gmtModify":1635777966663,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"NO $300 NO&nbsp;Sell&nbsp;<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>","listText":"NO $300 NO&nbsp;Sell&nbsp;<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>","text":"NO $300 NO Sell $Alibaba(BABA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":14,"repostSize":0,"link":"https://laohu8.com/post/849769417","isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879539989,"gmtCreate":1636734058397,"gmtModify":1636734058542,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>is giving 11.11discount voucher for his shares now. Buy it before the voucher expired and it’s has limited vouchers available!","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>is giving 11.11discount voucher for his shares now. Buy it before the voucher expired and it’s has limited vouchers available!","text":"$Alibaba(BABA)$is giving 11.11discount voucher for his shares now. Buy it before the voucher expired and it’s has limited vouchers available!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/879539989","isVote":1,"tweetType":1,"viewCount":1038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":186103955,"gmtCreate":1623476449177,"gmtModify":1634032595586,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"星期一休息","listText":"星期一休息","text":"星期一休息","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/186103955","repostId":"1105134625","repostType":4,"repost":{"id":"1105134625","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623140058,"share":"https://www.laohu8.com/m/news/1105134625?lang=&edition=full","pubTime":"2021-06-08 16:14","market":"us","language":"zh","title":"提醒：端午休市安排来了！港股6月14日休市一天","url":"https://stock-news.laohu8.com/highlight/detail?id=1105134625","media":"老虎资讯综合","summary":"6月14日（周一）休市，6月15日（周二）起照常开市。美股、英股、新加坡股市照常交易。端午节，又称端阳节、龙舟节、天中节等，源于自然天象崇拜，由上古时代祭龙演变而来。因传说战国时期的楚国诗人屈原在五月五日跳汨罗江自尽，后来人们亦将端午节作为纪念屈原的节日；也有纪念伍子胥、曹娥及介子推等说法。总的来说，端午节起源于上古先民择“飞龙在天”吉日拜祭龙祖、祈福辟邪，注入夏季时令“祛病防疫\"风尚。","content":"<p>临近中国传统节日端午节假期，各主要市场休市安排如下：<img src=\"https://static.tigerbbs.com/ad358d24b10a4ecf9c9fa183f3c2ab9b\" tg-width=\"779\" tg-height=\"667\" referrerpolicy=\"no-referrer\"><b>A股：</b></p><p>6月14日（周一）休市，6月15日（周二）起照常开市。</p><p><b>港股：</b></p><p>6月14日（周一）休市，6月15日（周二）起照常开市。</p><p><b>澳股：</b></p><p>6月14日（周一）因&nbsp;Queen's Birthday&nbsp;休市，6月15日（周二）起照常开市。</p><p><b>美股、英股、新加坡股市照常交易。</b></p><p><b>沪股通、深股通：</b></p><p>6月14日（周一）不提供服务，6月15日（周二）起照常开通。</p><p><b>港股通：</b></p><p>6月14日（周一）不提供服务，6月15日（周二）起照常开通。</p><p><b>背景介绍：</b></p><p>端午节，又称端阳节、龙舟节、天中节等，源于自然天象崇拜，由上古时代祭龙演变而来。仲夏端午，苍龙七宿飞升于正南中天，处于全年最“正中”之位，即如《易经·乾卦》第五爻的爻辞曰：“飞龙在天”。其起源涵盖了古老星象文化、人文哲学等方面内容，蕴含着深邃丰厚的文化内涵，在传承发展中杂糅了多种民俗为一体，节俗内容丰富。扒龙舟与食粽是端午节的两大礼俗，这两大礼俗在中国自古传承，至今不辍。</p><p>端午节，本是上古先民创立用于拜祭龙祖、祈福辟邪的节日。因传说战国时期的楚国诗人屈原在五月五日跳汨罗江自尽，后来人们亦将端午节作为纪念屈原的节日；也有纪念伍子胥、曹娥及介子推等说法。总的来说，端午节起源于上古先民择“飞龙在天”吉日拜祭龙祖、祈福辟邪，注入夏季时令“祛病防疫\"风尚。<img src=\"https://static.tigerbbs.com/09ea6dbc4088c8bacb63a863e559c64b\" tg-width=\"640\" tg-height=\"424\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>提醒：端午休市安排来了！港股6月14日休市一天</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n提醒：端午休市安排来了！港股6月14日休市一天\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-06-08 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>临近中国传统节日端午节假期，各主要市场休市安排如下：<img src=\"https://static.tigerbbs.com/ad358d24b10a4ecf9c9fa183f3c2ab9b\" tg-width=\"779\" tg-height=\"667\" referrerpolicy=\"no-referrer\"><b>A股：</b></p><p>6月14日（周一）休市，6月15日（周二）起照常开市。</p><p><b>港股：</b></p><p>6月14日（周一）休市，6月15日（周二）起照常开市。</p><p><b>澳股：</b></p><p>6月14日（周一）因&nbsp;Queen's Birthday&nbsp;休市，6月15日（周二）起照常开市。</p><p><b>美股、英股、新加坡股市照常交易。</b></p><p><b>沪股通、深股通：</b></p><p>6月14日（周一）不提供服务，6月15日（周二）起照常开通。</p><p><b>港股通：</b></p><p>6月14日（周一）不提供服务，6月15日（周二）起照常开通。</p><p><b>背景介绍：</b></p><p>端午节，又称端阳节、龙舟节、天中节等，源于自然天象崇拜，由上古时代祭龙演变而来。仲夏端午，苍龙七宿飞升于正南中天，处于全年最“正中”之位，即如《易经·乾卦》第五爻的爻辞曰：“飞龙在天”。其起源涵盖了古老星象文化、人文哲学等方面内容，蕴含着深邃丰厚的文化内涵，在传承发展中杂糅了多种民俗为一体，节俗内容丰富。扒龙舟与食粽是端午节的两大礼俗，这两大礼俗在中国自古传承，至今不辍。</p><p>端午节，本是上古先民创立用于拜祭龙祖、祈福辟邪的节日。因传说战国时期的楚国诗人屈原在五月五日跳汨罗江自尽，后来人们亦将端午节作为纪念屈原的节日；也有纪念伍子胥、曹娥及介子推等说法。总的来说，端午节起源于上古先民择“飞龙在天”吉日拜祭龙祖、祈福辟邪，注入夏季时令“祛病防疫\"风尚。<img src=\"https://static.tigerbbs.com/09ea6dbc4088c8bacb63a863e559c64b\" tg-width=\"640\" tg-height=\"424\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/09ea6dbc4088c8bacb63a863e559c64b","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105134625","content_text":"临近中国传统节日端午节假期，各主要市场休市安排如下：A股：6月14日（周一）休市，6月15日（周二）起照常开市。港股：6月14日（周一）休市，6月15日（周二）起照常开市。澳股：6月14日（周一）因 Queen's Birthday 休市，6月15日（周二）起照常开市。美股、英股、新加坡股市照常交易。沪股通、深股通：6月14日（周一）不提供服务，6月15日（周二）起照常开通。港股通：6月14日（周一）不提供服务，6月15日（周二）起照常开通。背景介绍：端午节，又称端阳节、龙舟节、天中节等，源于自然天象崇拜，由上古时代祭龙演变而来。仲夏端午，苍龙七宿飞升于正南中天，处于全年最“正中”之位，即如《易经·乾卦》第五爻的爻辞曰：“飞龙在天”。其起源涵盖了古老星象文化、人文哲学等方面内容，蕴含着深邃丰厚的文化内涵，在传承发展中杂糅了多种民俗为一体，节俗内容丰富。扒龙舟与食粽是端午节的两大礼俗，这两大礼俗在中国自古传承，至今不辍。端午节，本是上古先民创立用于拜祭龙祖、祈福辟邪的节日。因传说战国时期的楚国诗人屈原在五月五日跳汨罗江自尽，后来人们亦将端午节作为纪念屈原的节日；也有纪念伍子胥、曹娥及介子推等说法。总的来说，端午节起源于上古先民择“飞龙在天”吉日拜祭龙祖、祈福辟邪，注入夏季时令“祛病防疫\"风尚。","news_type":1},"isVote":1,"tweetType":1,"viewCount":609,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":843092002,"gmtCreate":1635780910441,"gmtModify":1635780910557,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Come","listText":"Come","text":"Come","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843092002","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/4f487d6799e86204e80dfde72e6040c0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840159022,"gmtCreate":1635609475067,"gmtModify":1635609475182,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Come come come&nbsp;","listText":"Come come come&nbsp;","text":"Come come come","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840159022","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/4f487d6799e86204e80dfde72e6040c0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857921450,"gmtCreate":1635503280670,"gmtModify":1635503297046,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Come join us","listText":"Come join us","text":"Come join us","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857921450","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/4f487d6799e86204e80dfde72e6040c0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":598,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857920571,"gmtCreate":1635503110227,"gmtModify":1635503110443,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Game started&nbsp;","listText":"Game started&nbsp;","text":"Game started","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857920571","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/4f487d6799e86204e80dfde72e6040c0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":186100258,"gmtCreate":1623476353174,"gmtModify":1634032596754,"author":{"id":"3582093264528946","authorId":"3582093264528946","name":"Gbsmidoban","avatar":"https://static.tigerbbs.com/9dd18d717180c48c61b6d1d4d5c27b0f","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"感谢","listText":"感谢","text":"感谢","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/186100258","repostId":"1101413680","repostType":4,"repost":{"id":"1101413680","pubTimestamp":1623465999,"share":"https://www.laohu8.com/m/news/1101413680?lang=&edition=full","pubTime":"2021-06-12 10:46","market":"us","language":"zh","title":"最简单的方法就最好：再读格雷厄姆的12条投资原则","url":"https://stock-news.laohu8.com/highlight/detail?id=1101413680","media":"高毅资产管理","summary":"人们总是喜欢参考他人的意见，而个人意见往往都是错的。","content":"<p>作为20世纪最伟大的投资者之一，本杰明·格雷厄姆一直被认为是“价值投资之父”，作为巴菲特的“精神导师”，他对巴菲特的投资起到了至关重要的作用。在《跟格雷厄姆学价值投资》一书中，作者珍妮特·洛尔重点分析了本杰明·格雷厄姆的价值投资理论，并着重阐述稳妥的投资方法所包含的基本内容，教会读者理性投资。多年来，格雷厄姆的价值投资理论被市场多次证明是正确和明智的，无论时代多么进步，市场怎样变化，格雷厄姆的理论永远都是理性投资的基石。本文总结了12条格雷厄姆的投资原则，希望对大家有所裨益。</p>\n<p><img src=\"https://static.tigerbbs.com/0463e197a660e59f236183e25c25c6cf\" tg-width=\"900\" tg-height=\"1448\" referrerpolicy=\"no-referrer\"></p>\n<p><b>01保持端正的态度</b></p>\n<p>价值投资者的首要目标是保护本金，避免损失。这一简单的逻辑告诫我们，为确保安全性可以牺牲一定的收益性，同时还要控制投资成本。在投资收益率比不上隔壁邻居的收益率时，不必怨声载道，让失望和不满占据你的心灵，说不定你的邻居是在冒险。只要还持有本金，收益率稳步、合理地增长，你的资产就可以不断增长。如果失去了本金，不管是储蓄还是投资，你都丧失了一切的根本。空空如也的投资账户，无论如何也实现不了增长。</p>\n<p><b>02不要理会预测</b></p>\n<p>对于经济，每个人都有自己的观点，很多人都喜欢向别人推荐自己认为的热门股票。对股市的讨论和争论到了白热化的程度。奇怪的是，面对股市上扬，预言家们毫无例外地相信这种情况会持续；而面对股市下挫，大家都觉得股市的重整旗鼓遥遥无期。</p>\n<p>“我根本不会去估计和预测。”巴菲特说，“那往往会让我们对已经清晰的事实产生错觉。你越是小心翼翼，就越是惶惶不可终日。我们不进行任何预测，但我们很关注并深入研究企业的历史业绩记录。如果企业的业绩记录不佳，但发展前景很可观，这就是机会。”</p>\n<p>查尔斯·布兰帝认为对投资进行预测会得不偿失，特别是那些被投资公司的分析员和媒体所鼓吹的预测更有危害性。“人们出于对某种结果的兴趣把所有的信息汇集起来，这本身就带有一定下意识的主观性，最后得出的所谓的准确结论恰恰是致命弱点。他们用马克·吐温的名言提醒我：‘矿井无非是一群骗子拥有土地上的一个洞而已。’对美国的预测常常被证实为谣言，虽然大家不一定是故意制造谣言，但糟糕的是，做出预言的人往往很相信自己。”</p>\n<p>大家都持有自己的观点，但不意味着你不必从多个角度去审视潜在的投资机会。投资或建立股票组合都取决于企业过去和将来的业绩，但对将来的预测，经验丰富的格雷厄姆也认为只可能是一个“大概的数字”，要么就是胡编乱造。他还说，在分析时要留有一定的余地，确保自己的安全边际，这样夜晚也能高枕无忧。</p>\n<p><b>03坚持实事求是</b></p>\n<p>威廉·欧奈尔屡次提醒我们，投资时不必人云亦云。“人们总是喜欢参考他人的意见，而个人意见往往都是错的。”虽然强势和固有的意见会影响我们对现实的看法，但巴菲特和其他投资大师都告诉我们，基于训练、经验和信息的直觉判断才是最强大的投资工具。当然，所谓的直觉必须来自丰富的知识与合理的判断。</p>\n<p><b>04不一致的投资机会</b></p>\n<p>戴维·伊本指出，大家一拥而上就充分说明市场已经过热了。“一个行业在指数中的比重超过30%，说明这个行业受到了投资者的普遍欢迎，如1999 年的科技行业和金融业。这也说明了大量资本进入这些行业，供给过度必然导致收益率下降。如果你还在这个行业，赶紧选择离开。”</p>\n<p>他偏爱那些和市场情况节拍不合的公司，它们经营稳健，具有竞争优势与合理的利润率。意见相反的人会选择大家都不喜爱的优质公司。这些公司在市场上并不起眼，其实际价值常被扭曲，价格会高于或低于内在价值。</p>\n<p>当经济陷入泥潭时，拖拉机和农业用具生产商约翰以2009 年的净收益成功打破了所有分析家的预言。同一时期标准普尔500 指数下降了0.3%，而公司股价出人意料地上涨了5%。</p>\n<p><img src=\"https://static.tigerbbs.com/dee469008f4476be259693d20fd6c166\" tg-width=\"960\" tg-height=\"638\" referrerpolicy=\"no-referrer\"></p>\n<p><b>05远离债务</b></p>\n<p>“聪明的投资者走向破产的唯一途径就是举债。”巴菲特说，“市场上行时，举债投资让投资者心花怒放，而当市场下行时，投资者一筹莫展。聪明的投资者不会通过举债来支持投资。当市场处于上升期时，投资者会被胜利冲昏头脑而使举债行为失控。大家都那么做的时候，请小心保护好自己。”紧紧跟随负债水平较低、现金流充裕的公司，善用自己的投资资金。</p>\n<p>另外，巴菲特还补充说，千万不要把自己的住房当作投资资产，而用它作为购买游艇、投资不动产或开设公司的资金来源。</p>\n<p>“2009 年前后发生的房地产风暴给购房人、贷款人、经纪人和政府好好上了一课，而这将确保将来市场的稳定。购房人应该老老实实地支付不少于10% 的首付款，每月的贷款应该在其承受范围之内。申请贷款时，购房人的收入水平和情况应该被好好核实。”</p>\n<p><b>06迎接市场的波动</b></p>\n<p>大多数时候，股票市场的波动不过是正常的短期变动而已。戴维·伊本说，股市的波动从格雷厄姆时代起就没有停止过。“我们都知道市场具有一定的周期性，围绕企业的实际价值上下波动。”</p>\n<p>“我喜欢市场发生变动。”伊本说，“当市场变动与基本面所反映的实际情况相左时，机会也会涌现出来。回想一下1999 年的小盘股、1991 年的垃圾债券和1982 年的大盘股和长期债券，无一不印证了这一事实。”</p>\n<p>伊本不是唯一持有此观点的人。查尔斯·布兰帝也看到了2007—2008 年市场崩溃所带来的机会。“我们很清楚，过去的业绩不能保证将来的业绩，但至少具有一定的启发性。”布兰帝说，“我们认为，当人们回顾这段时期时，他们一定会相信是投资的黄金时期。”布兰帝接着解释说，市场遭遇危机后，股价都保持在较低水平，优质的投资机会正等着你去发现并捡起。</p>\n<p><b>07倾听“船员”建议</b></p>\n<p>尽管价值投资者会积极地迎接市场波动，不会精心测算投资的最佳时机，但这本书中所提到的各种投资工具还是可以充当大家投资时的风向标。它们会在大海起风浪时给你警示。过热的市场有时需要很长时间才会恢复正常，但这一天迟早会来。地心引力不就是使我们下落容易、上升困难吗？所有的投资者，包括交易所交易基金和共同基金的投资者都应该密切关注市场的发展情况，并相应地采取必要的调整措施。</p>\n<p>有些关于船的道理，也同样适用于投资领域。比如“水涨船高”，市场的涨潮必然会推高股价，但市场的退潮也会毫不留情地让没有及时进入安全地带的船只搁浅。又比如“逆风而上”，船员会根据风向不断地调整船帆，无论风向如何，都可以到达目的地。</p>\n<p>有两种风向是要小心的：使市场被高估的跟风和个股进入高价位的飓风。所以，我们该做的是，建造坚固的船，在市场的海洋里巧妙驾驶它，获知风暴来临时，扬帆驶入更安全的海港。</p>\n<p>真实的例子就是巴菲特在1969 年股市过热时的所作所为。他向自己的客户坦言，市场上已找不出物美价廉的股票，随后他关闭了自己的公司。</p>\n<p><b>08&nbsp;在市场过热时保持镇定</b></p>\n<p>塞思·卡拉曼主张投资者必须居安思危，提前防范突发事件。</p>\n<p>简而言之，最佳的投资策略就是买股不买股市，投资决策都基于个股的基本面分析，再加上识别股市过热的判断力，足以保证你的投资进入安全地带。股市过热会出现如下的迹象：</p>\n<ul>\n <li><p>股价创历史新高。</p></li>\n <li><p>很少分红，即便分红也是历史最低水平，甚至低于债券市场收益。</p></li>\n <li><p>新股扎堆发行。</p></li>\n</ul>\n<p>在市场狂热时，投资者好像都会前赴后继地重复以前的错误。</p>\n<p>“这些都是古老的教训了。”巴菲特若有所思地说，“它们不是什么新鲜事儿，大家都一清二楚，但高兴起来马上就忘得一干二净。”</p>\n<p><img src=\"https://static.tigerbbs.com/14d3e5a94dc48faf520a1d1e9c819c2c\" tg-width=\"960\" tg-height=\"666\" referrerpolicy=\"no-referrer\"></p>\n<p><b>09多样化投资</b></p>\n<p>如果可以预测未来，投资不用多样化。如果所有的资产同升同降，多样化也是多余的。多样化要求我们建立广泛的资产基础，以取得投资的增长和安全性。</p>\n<p>“我想强调的是，每位投资者都应该持有一定量的黄金。”戴维·伊本再一次说道，“不动产、股票和硬通资产都应在组合中占有一席之地。不动产应该集中于全球范围内没有泡沫的市场，而股票则应该在全球范围进行多样化。”</p>\n<p><b>10通货膨胀不会消失</b></p>\n<p>通货膨胀是我们无形和隐蔽的敌人。正是它，摧毁经济，重伤企业，吞噬我们个人的财富和快乐。</p>\n<p>“通货膨胀将一直伴随着你。”巴菲特说，“从长期来看，很小的通货膨胀都具有强大的杀伤力。”他认为防御通货膨胀的最佳选择是维持自己的盈利能力。“要么，就选择资本要求不高的企业，持有它的股票，就可以分享美国经济的收益水平。”</p>\n<p><b>11坦然面对投资中的失误</b></p>\n<p>是人都会犯错，投资时也不例外。提前预防，犯错后不必自责，继续前进。在2009 年写给股东的信中，巴菲特承认自己大量买入康菲石油股票是重大失误。“我根本没有料到下半年的能源价格暴跌。”他勇敢地走到大家前面，承认自己失误的严重性，“买入的错误时机让伯克希尔·哈撒韦公司为此付出了数百亿美元。”很多年来，巴菲特事后承认自己犯过的很多错误。有时，他会开玩笑说自己应该加入AA 公司，才能改掉不断投资航空业的习惯。但他出类拔萃的投资选择抵消了失误所带来的影响，使伯克希尔·哈撒韦公司成为成功的典范。</p>\n<p><b>12 享受投资的过程</b></p>\n<p>投资充满乐趣和挑战，也给投资者带来愉悦的感受。为什么不把投资看作我们在这精彩世界里进行的一次冒险呢！</p>","source":"lsy1594783014144","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>最简单的方法就最好：再读格雷厄姆的12条投资原则</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ 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class=\"title\">\n最简单的方法就最好：再读格雷厄姆的12条投资原则\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 10:46 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s?__biz=MzA4MjE4OTE4MQ==&mid=2650452428&idx=1&sn=8427d2dd01e7deccebf1cce7cf3ed4da&chksm=87879fdeb0f016c86db2f2e2f185218410a5cd027a88672b0f64db5a1d1fb5f92069f97fb4a8&mpshare=1&scene=1&srcid=0611cQ1CUSm8Gh9P3OQG8I1W&sharer_sharetime=1623456137592&sharer_shareid=fbf3e6a28882bb91c07a361d6d431142&exportkey=AZhJ9s2LYDclcK6XjSCj4jA%3D&pass_ticket=Wz42Tzk7b4Ui458wQtN3RZcqhsmV6Z25%2BEWtbYC3kctcPziJQrlsD%2FT0oIjRYbFT&wx_header=0#rd><strong>高毅资产管理</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>作为20世纪最伟大的投资者之一，本杰明·格雷厄姆一直被认为是“价值投资之父”，作为巴菲特的“精神导师”，他对巴菲特的投资起到了至关重要的作用。在《跟格雷厄姆学价值投资》一书中，作者珍妮特·洛尔重点分析了本杰明·格雷厄姆的价值投资理论，并着重阐述稳妥的投资方法所包含的基本内容，教会读者理性投资。多年来，格雷厄姆的价值投资理论被市场多次证明是正确和明智的，无论时代多么进步，市场怎样变化，格雷厄姆的理论...</p>\n\n<a href=\"https://mp.weixin.qq.com/s?__biz=MzA4MjE4OTE4MQ==&mid=2650452428&idx=1&sn=8427d2dd01e7deccebf1cce7cf3ed4da&chksm=87879fdeb0f016c86db2f2e2f185218410a5cd027a88672b0f64db5a1d1fb5f92069f97fb4a8&mpshare=1&scene=1&srcid=0611cQ1CUSm8Gh9P3OQG8I1W&sharer_sharetime=1623456137592&sharer_shareid=fbf3e6a28882bb91c07a361d6d431142&exportkey=AZhJ9s2LYDclcK6XjSCj4jA%3D&pass_ticket=Wz42Tzk7b4Ui458wQtN3RZcqhsmV6Z25%2BEWtbYC3kctcPziJQrlsD%2FT0oIjRYbFT&wx_header=0#rd\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a7a4f2bf2e21d426fe3d9c3a21974424","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://mp.weixin.qq.com/s?__biz=MzA4MjE4OTE4MQ==&mid=2650452428&idx=1&sn=8427d2dd01e7deccebf1cce7cf3ed4da&chksm=87879fdeb0f016c86db2f2e2f185218410a5cd027a88672b0f64db5a1d1fb5f92069f97fb4a8&mpshare=1&scene=1&srcid=0611cQ1CUSm8Gh9P3OQG8I1W&sharer_sharetime=1623456137592&sharer_shareid=fbf3e6a28882bb91c07a361d6d431142&exportkey=AZhJ9s2LYDclcK6XjSCj4jA%3D&pass_ticket=Wz42Tzk7b4Ui458wQtN3RZcqhsmV6Z25%2BEWtbYC3kctcPziJQrlsD%2FT0oIjRYbFT&wx_header=0#rd","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101413680","content_text":"作为20世纪最伟大的投资者之一，本杰明·格雷厄姆一直被认为是“价值投资之父”，作为巴菲特的“精神导师”，他对巴菲特的投资起到了至关重要的作用。在《跟格雷厄姆学价值投资》一书中，作者珍妮特·洛尔重点分析了本杰明·格雷厄姆的价值投资理论，并着重阐述稳妥的投资方法所包含的基本内容，教会读者理性投资。多年来，格雷厄姆的价值投资理论被市场多次证明是正确和明智的，无论时代多么进步，市场怎样变化，格雷厄姆的理论永远都是理性投资的基石。本文总结了12条格雷厄姆的投资原则，希望对大家有所裨益。\n\n01保持端正的态度\n价值投资者的首要目标是保护本金，避免损失。这一简单的逻辑告诫我们，为确保安全性可以牺牲一定的收益性，同时还要控制投资成本。在投资收益率比不上隔壁邻居的收益率时，不必怨声载道，让失望和不满占据你的心灵，说不定你的邻居是在冒险。只要还持有本金，收益率稳步、合理地增长，你的资产就可以不断增长。如果失去了本金，不管是储蓄还是投资，你都丧失了一切的根本。空空如也的投资账户，无论如何也实现不了增长。\n02不要理会预测\n对于经济，每个人都有自己的观点，很多人都喜欢向别人推荐自己认为的热门股票。对股市的讨论和争论到了白热化的程度。奇怪的是，面对股市上扬，预言家们毫无例外地相信这种情况会持续；而面对股市下挫，大家都觉得股市的重整旗鼓遥遥无期。\n“我根本不会去估计和预测。”巴菲特说，“那往往会让我们对已经清晰的事实产生错觉。你越是小心翼翼，就越是惶惶不可终日。我们不进行任何预测，但我们很关注并深入研究企业的历史业绩记录。如果企业的业绩记录不佳，但发展前景很可观，这就是机会。”\n查尔斯·布兰帝认为对投资进行预测会得不偿失，特别是那些被投资公司的分析员和媒体所鼓吹的预测更有危害性。“人们出于对某种结果的兴趣把所有的信息汇集起来，这本身就带有一定下意识的主观性，最后得出的所谓的准确结论恰恰是致命弱点。他们用马克·吐温的名言提醒我：‘矿井无非是一群骗子拥有土地上的一个洞而已。’对美国的预测常常被证实为谣言，虽然大家不一定是故意制造谣言，但糟糕的是，做出预言的人往往很相信自己。”\n大家都持有自己的观点，但不意味着你不必从多个角度去审视潜在的投资机会。投资或建立股票组合都取决于企业过去和将来的业绩，但对将来的预测，经验丰富的格雷厄姆也认为只可能是一个“大概的数字”，要么就是胡编乱造。他还说，在分析时要留有一定的余地，确保自己的安全边际，这样夜晚也能高枕无忧。\n03坚持实事求是\n威廉·欧奈尔屡次提醒我们，投资时不必人云亦云。“人们总是喜欢参考他人的意见，而个人意见往往都是错的。”虽然强势和固有的意见会影响我们对现实的看法，但巴菲特和其他投资大师都告诉我们，基于训练、经验和信息的直觉判断才是最强大的投资工具。当然，所谓的直觉必须来自丰富的知识与合理的判断。\n04不一致的投资机会\n戴维·伊本指出，大家一拥而上就充分说明市场已经过热了。“一个行业在指数中的比重超过30%，说明这个行业受到了投资者的普遍欢迎，如1999 年的科技行业和金融业。这也说明了大量资本进入这些行业，供给过度必然导致收益率下降。如果你还在这个行业，赶紧选择离开。”\n他偏爱那些和市场情况节拍不合的公司，它们经营稳健，具有竞争优势与合理的利润率。意见相反的人会选择大家都不喜爱的优质公司。这些公司在市场上并不起眼，其实际价值常被扭曲，价格会高于或低于内在价值。\n当经济陷入泥潭时，拖拉机和农业用具生产商约翰以2009 年的净收益成功打破了所有分析家的预言。同一时期标准普尔500 指数下降了0.3%，而公司股价出人意料地上涨了5%。\n\n05远离债务\n“聪明的投资者走向破产的唯一途径就是举债。”巴菲特说，“市场上行时，举债投资让投资者心花怒放，而当市场下行时，投资者一筹莫展。聪明的投资者不会通过举债来支持投资。当市场处于上升期时，投资者会被胜利冲昏头脑而使举债行为失控。大家都那么做的时候，请小心保护好自己。”紧紧跟随负债水平较低、现金流充裕的公司，善用自己的投资资金。\n另外，巴菲特还补充说，千万不要把自己的住房当作投资资产，而用它作为购买游艇、投资不动产或开设公司的资金来源。\n“2009 年前后发生的房地产风暴给购房人、贷款人、经纪人和政府好好上了一课，而这将确保将来市场的稳定。购房人应该老老实实地支付不少于10% 的首付款，每月的贷款应该在其承受范围之内。申请贷款时，购房人的收入水平和情况应该被好好核实。”\n06迎接市场的波动\n大多数时候，股票市场的波动不过是正常的短期变动而已。戴维·伊本说，股市的波动从格雷厄姆时代起就没有停止过。“我们都知道市场具有一定的周期性，围绕企业的实际价值上下波动。”\n“我喜欢市场发生变动。”伊本说，“当市场变动与基本面所反映的实际情况相左时，机会也会涌现出来。回想一下1999 年的小盘股、1991 年的垃圾债券和1982 年的大盘股和长期债券，无一不印证了这一事实。”\n伊本不是唯一持有此观点的人。查尔斯·布兰帝也看到了2007—2008 年市场崩溃所带来的机会。“我们很清楚，过去的业绩不能保证将来的业绩，但至少具有一定的启发性。”布兰帝说，“我们认为，当人们回顾这段时期时，他们一定会相信是投资的黄金时期。”布兰帝接着解释说，市场遭遇危机后，股价都保持在较低水平，优质的投资机会正等着你去发现并捡起。\n07倾听“船员”建议\n尽管价值投资者会积极地迎接市场波动，不会精心测算投资的最佳时机，但这本书中所提到的各种投资工具还是可以充当大家投资时的风向标。它们会在大海起风浪时给你警示。过热的市场有时需要很长时间才会恢复正常，但这一天迟早会来。地心引力不就是使我们下落容易、上升困难吗？所有的投资者，包括交易所交易基金和共同基金的投资者都应该密切关注市场的发展情况，并相应地采取必要的调整措施。\n有些关于船的道理，也同样适用于投资领域。比如“水涨船高”，市场的涨潮必然会推高股价，但市场的退潮也会毫不留情地让没有及时进入安全地带的船只搁浅。又比如“逆风而上”，船员会根据风向不断地调整船帆，无论风向如何，都可以到达目的地。\n有两种风向是要小心的：使市场被高估的跟风和个股进入高价位的飓风。所以，我们该做的是，建造坚固的船，在市场的海洋里巧妙驾驶它，获知风暴来临时，扬帆驶入更安全的海港。\n真实的例子就是巴菲特在1969 年股市过热时的所作所为。他向自己的客户坦言，市场上已找不出物美价廉的股票，随后他关闭了自己的公司。\n08 在市场过热时保持镇定\n塞思·卡拉曼主张投资者必须居安思危，提前防范突发事件。\n简而言之，最佳的投资策略就是买股不买股市，投资决策都基于个股的基本面分析，再加上识别股市过热的判断力，足以保证你的投资进入安全地带。股市过热会出现如下的迹象：\n\n股价创历史新高。\n很少分红，即便分红也是历史最低水平，甚至低于债券市场收益。\n新股扎堆发行。\n\n在市场狂热时，投资者好像都会前赴后继地重复以前的错误。\n“这些都是古老的教训了。”巴菲特若有所思地说，“它们不是什么新鲜事儿，大家都一清二楚，但高兴起来马上就忘得一干二净。”\n\n09多样化投资\n如果可以预测未来，投资不用多样化。如果所有的资产同升同降，多样化也是多余的。多样化要求我们建立广泛的资产基础，以取得投资的增长和安全性。\n“我想强调的是，每位投资者都应该持有一定量的黄金。”戴维·伊本再一次说道，“不动产、股票和硬通资产都应在组合中占有一席之地。不动产应该集中于全球范围内没有泡沫的市场，而股票则应该在全球范围进行多样化。”\n10通货膨胀不会消失\n通货膨胀是我们无形和隐蔽的敌人。正是它，摧毁经济，重伤企业，吞噬我们个人的财富和快乐。\n“通货膨胀将一直伴随着你。”巴菲特说，“从长期来看，很小的通货膨胀都具有强大的杀伤力。”他认为防御通货膨胀的最佳选择是维持自己的盈利能力。“要么，就选择资本要求不高的企业，持有它的股票，就可以分享美国经济的收益水平。”\n11坦然面对投资中的失误\n是人都会犯错，投资时也不例外。提前预防，犯错后不必自责，继续前进。在2009 年写给股东的信中，巴菲特承认自己大量买入康菲石油股票是重大失误。“我根本没有料到下半年的能源价格暴跌。”他勇敢地走到大家前面，承认自己失误的严重性，“买入的错误时机让伯克希尔·哈撒韦公司为此付出了数百亿美元。”很多年来，巴菲特事后承认自己犯过的很多错误。有时，他会开玩笑说自己应该加入AA 公司，才能改掉不断投资航空业的习惯。但他出类拔萃的投资选择抵消了失误所带来的影响，使伯克希尔·哈撒韦公司成为成功的典范。\n12 享受投资的过程\n投资充满乐趣和挑战，也给投资者带来愉悦的感受。为什么不把投资看作我们在这精彩世界里进行的一次冒险呢！","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}