The Youtube Formula --FOREWORD BY MR BEAST

  FOREWORD Everyone should have a YouTube channel. Literally everyone, but especially brands. When I see brands that don’t have a presence on YouTube, I think they’re insane. It’s unfathomable that anyone isn’t capitalizing on the opportunity there. It’s the most coveted job in America, and with good reason. It is quite literally a gold mine. 每个人都应该有一个YouTube频道。每个人,尤其是品牌。当我看到那些在YouTube上没有建立起影响力的品牌时,我觉得他们疯了。令人费解的是,还会有人不好好利用youtube提供的机会。这是美国最令人垂涎的工作,并且充分的理由支撑。这简直就是一座金矿。 When I was a kid, I watched YouTube all the time. It was always my dream job. I didn’t want to be an astronaut or a doctor—I couldn’t envision a world where I wasn’t a YouTuber. I started my channel in 2012 and only got 40 subscribers my first year. Now I have one of the fastest growing channels in the world. I gained more than 15 million subscribers in 2019 alone with just over 4 billion video views. And it’s still growing every day. 当我还是个孩子的时候,我一直在看YouTube。这一直是我梦寐以求的工作。我不想成为一名宇航员或医生——我无法想象我的世界中没有YouTuber。我在2012年创办了我

Smart investors only choose to buy in the big bear market


Valuation is important, but there is no need to pay too much attention. The reason is that when the market collapses and falls into a trough, and all stocks are quite cheap, there is naturally no need to value at this time. For example, in the second half of 2005, China Merchants Bank was only more than 6 yuan, Sinopec and Baosteel were only more than 3 yuan, and China Unicom was only more than 2 yuan. At this time, the valuation is not important, just buy; When the market is high, the crowd is excited, and all stocks are seriously overvalued, such as 46 yuan of China Merchants Bank, 29 yuan of Sinopec, 22 yuan of Baosteel and 13 yuan of China Unicom at the end of 2007, it is meaningless if you still want to evaluate. Only when the market is on the way up, because there may be some "missed fish", valuation will play a role. However, at this time, many stocks have increased considerably, and naturally, there is nothing worth investing in.

I used to wonder about Graham's method: where to find what he called "bargains"? For example, he said that the stock price should be less than two-thirds of the net tangible assets per share. Especially important, when his followers adopted a similar method, it has to make me pay more attention.

After a bear market, I knew that Graham's method was actually telling us that only in a bear market can we meet the kind of situation or similar situation he said. Therefore, stocks can only be bought in a bear market, and the rest of the time is not worth buying! I believe that this should be what Buffett said. There is only one chance to pull the trigger when encountering an "elephant" in a few years.

Smart investors only choose to buy in the big bear market, because it's worth it at this time; Also only choose to sell in the bull market, which is because of the value for money. As for investors who want to hold for a long time, they should buy when the market is depressed. This is the only time.


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