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Old friends all know that I have been strongly optimistic about the A-shares for over a year and a half. The best summary of A-share investment is in one sentence:
Focus on "2 Good" and "2 Bad," that is,
Good now, better in the future
Bad now, not worse in the future
"2 Good" refers to following and aligning with trending industries.
"2 Bad" refers to industries in turnaround and bottoming phases.