所谓投资中的预判主要是三个维度:估值,周期,情绪。这三个维度也只有在顶部和底部的时候才容易识别。绝大多数时间,行动的胜算都不大。
The so - called forecast in investment mainly consists of three dimensions: valuation, cycle and emotion. These three dimensions are also easy to identify only at the top and bottom. Most of the time, the odds are against it.