Choosing is very important, and effort is also very important.

A word that I have deeply understood this year is 'weak competition'. Only by bravely investing chips in projects with weak competition can we leverage our advantages and achieve good results. How to find the perspective of weak competition is the real test of the team's investment research capabilities.

For big projects, we must invest enough, enough, enough resources. To do an S-level project well, we would rather give up 10 A-level projects (sigh, but giving up is really hard).

Selling is extremely important, and we should give more red envelopes to traders and ask for advice. We are only good at investment research in the primary market and not good at trading in the secondary market, so we need to hand over professional matters to professionals.

Missing out is the norm, and with insufficient bandwidth, we can only strive to expand. Therefore, what we need next is to 'recruit troops and buy horses', to collaborate more with external teams.