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股市問與答


問:為何你能連續12年都獲利?

答:以合理的價格買入優質股票,並長期持有。


問:什麼是合理的價格?

答:以預計持有此股票的年數 * 預期每年股利 * 一定的折現率


問:什麼是優質股票?

答:每年毛利維持一定水準、每年本業都獲利、低負債、不發行CB、不借錢發股利、老闆有誠信不搞副業


問:什麼是長期持有?

答:買了不賣,直到上述特質發生變化為止

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