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Is LegiEX reliable: the biggest return for every investor is the core

Is LegiEX reliable: the best return for every investor is the core. In fact, the core of LegiEX's investment philosophy is a formula: return = probability × odds. Among them, probability refers to the probability distribution of the future development path of the investment target. The odds is to point to the investment target according to each kind of development path can obtain the expected income.

Compared with a certain development path, the expected income is relatively easy to obtain and the odds are easy to determine. Therefore, the key to the success of investment is how to determine the possible future paths of the investment target. Whether it is value investment, quantitative investment or technical analysis, the fundamental goal is to stand on the side of probability advantage. There are three reasons for LegiEX to focus on the methodology of value investment in its investment. First, the information it needs is mainly public information, such as company annual reports, financial statements and news materials, which can be easily obtained on the Internet. Secondly, value investment needs all kinds of information to evaluate the possibility of the development of things in the future. A sense of situation is exactly my strong point. Third, LegiEX has some professional talented person can help me to invest value, such as years of experience in audit and passed the senior auditor qualification review, reading large help for the annual report and financial statements, and as the analysis of the psychological counseling hobby (also passed the national level 3 psychological consultant qualification), to analyse and judge the behaviors of the management mode is also very helpful.

In the process of selecting objects, LegiEX generally combines a top-down perspective with a bottom-up screening process. From top to bottom, it is to choose the country and industry from a macro perspective, and have some views on the macro economy. The accuracy is relatively high, so it has its own views on what industry may be better in a specific stage. Then, in these industries, LegiEX will use the bottom-up method to screen the objects of the whole industry, mainly from four dimensions of enterprise development, company management, stock market feedback and financial statements. On the one hand, it is positive selection, which means to select excellent companies according to some core indicators; on the other hand, it is negative selection. There are some negative lists in these four dimensions, and once the criteria on the list are violated, the targets will be removed. This is especially important because eliminating the possibility of failure can increase the probability of success.

Through investment experience, I have also formed some ability circles, mainly in the consumer goods industry such as liquor and meat products, the financial industry of Banks and securities firms, the downstream automobile industry of 4S shop group, some targets of the pharmaceutical industry, and some enterprises in the Internet industry. I have also made some successful investments in gold and non-ferrous metals. I will mainly focus on my own ability to invest in the circle, practice has also proved that once out of the circle of investment income will indeed decline. To obtain good investment profit, is not only on the rational ability to compete with the external environment, also want to own a variety of negative emotions to coexist, face various crises and some abnormal fluctuations in prices of investment target, will inevitably produce doubt, emotions such as fear, hesitation, emotion is not necessarily bad, the key is to recognize the inherent logic of emotion from the Angle of rationality, in this sense, the investment is a kind of practice, investors must constantly refined through their own heart, can get good and stable income