In the 2007 bull market, only about 10% of people made money. In the 2015 bull market, only about 10% of people made money. In the 2024 bull market, I hope more than half of people can make money. Why did so many people lose money in the first two bull markets? Because many companies that rose sharply were junk stocks. The country’s idea is very good. Let the stock prices of central enterprises, state-owned enterprises, and high-quality private enterprises rise. Shareholders can get dividends and profits from rising stock prices. As long as the average profit is maintained between 5% and 10% per year, a slow bull market for ten years can be achieved. Unfortunately, institutions and retail investors look down on the annual profit of about 10%. What they want is to make a fortune. It is best to make 3 times, 5 times, or even 10 times the profit in a bull market. Because the scale of central enterprises, state-owned enterprises, and large private enterprises is very large

It is very difficult to increase the stock price several times,

So in 2007 and 2015,

Many small companies and many junk stocks rose sharply,

Because only a few hundred million funds are needed to make them rise sharply,

So institutions and retail investors participated in the speculation process.

This bull market was originally hoped to be a slow bull market,

But it has started with a crazy bull market,

Next, I hope the crazy bull market will stop and go slowly,

This way, more than half of the people will eventually make money.