According to Mencius studies , the “人和 “ (or People’s Harmonization ) is the
most important part in any war game or battle , same apply for investment , I think this is the
most difficult and challenging part , yet the
most vital to ensure success of our investing in stocks.
In The Art of War (孙子兵法) , Sun Tzu , a Chinese military philosopher and strategist in the 6th century BC , he mentioned :
知己知彼,百战百胜
“知彼知己者，百战不殆；不知彼而知己，一胜一负；不知彼，不知己，每战必殆。
” He who has a thorough knowledge of the enemy and himself is bound to win in all battles. He who knows himself but not the enemy has only an even chance of winning. He who knows not the enemy and himself is bound to perish in all battles.
No matter you buy, sell or hold, you should have full understanding of the target in which you invest and your own abilities. Otherwise, investment is more like a gambling......
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By The Fifth Person • April 26, 2024
