Guan Qingyou: Invest In Pigs That Want To Identify The Draught.

Guan Qingyou, executive director of Minsheng Securities Research Institute, said at the 2015 capital annual meeting this afternoon, "in the next three to five years, we are in a protracted war of economic restructuring. Don't listen to the big bull market. Don't listen to the rebound of growth rate. The performance of the capital market is not a bull or a bear, but a bull and bear coexist. I believe you have a deep understanding.

A lot of money earned in the bear market is basically lost in the bull market.

Guan Qingyou said, "no!"

The difficulties lie in the real estate allocation from the perspective of asset allocation; from the debt field, the funds are deleveraging; in the field of production capacity, they are in the trend of production capacity; from the external demand, they are in the stage of external demand, and the global economic rebalancing stage, and it is impossible to return to the yellow gold era before the financial crisis.

At the same time, under the current economic situation, the policy has little impact on the market, and the driving force of the market comes from the following aspects:

First, the people's Bank of China, under the downward pressure of the economy, monetary policy is impossible to tighten, but in what form to relax.

Two is financial institutions, banks in what way to lend funds to enterprises and institutions.

The three is asset redistribution, investment in real estate, probably now fifty houses first sold thirty sets.

Guan Qingyou said that before and after the financial crisis, investors are also very different in their investment methods. Before the financial crisis, they chose investments from top to bottom. At that time, macroeconomists were very popular. After the financial crisis, there was a cycle of capacity to go out. The investment style became a selection of stocks. After the eighteen big ones, the way of selecting stocks was also bad. We should invest in the industry theme.

In this case, investors should choose three kinds of pigs: first, the weight is light, the square aunt knows most about them, and the two is the fast running pig.

Definite, not storytelling can not be achieved. Three, long wings are really benefiting from the direction of pformation logic.

Guan Qingyou said that the future investment opportunities are not securities business insurance, we answer certainly, the securities companies in addition to the storage, can not do insurance, what can not do?

However, Guan Qing friends also reminded that now is a big opportunity, big risk, big fluctuation, so that I do not recommend ordinary investors to fight in this market, and suggest buying some funds, because the risk prevention ability of professional institutions is relatively strong.

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