Buddhist Beads And The Philosophy Of Stock Price

I was giving it to a company the other day.

I replied, "I never predict stock prices, but there is a story that helps you determine stock prices.

The stock market is like this:

Buddha went down the hill to preach Buddhism, and saw a string of beads in a roadside shop.

Buddha liked it very much, so he asked, "how do you sell this pearl?" the shop owner said with a very firm attitude: "5000 or two silver is not worth selling."

Buddha smiled and walked away.

Back to the temple, the Buddhist monk was very anxious to ask the Buddha: "we think you seem to like the string of beads very much. Why don't you chop the price and go away?"

Buddha said: "a string of beads, the price of 5000, two silver, it is clear that the shopkeeper saw my heart like, sitting at the price, too greedy."

The monk said again, "then how much do you think the string beads are worth?"

Buddha replied, "2000, two silver."

The monk said, "let's help you grind the price and buy it."

Buddha said: "no hurry, no hurry, 500 two silver will be able to do."

The monks were very surprised: "how could that be possible?" Buddha said, "it is difficult for me to make up my mind, and I can only make 500 dollars and two yuan of money."

"How to purge him?" asked the monks inexplicably.

"Fear."

The Buddha laughed and then said nothing.

On the first day, the Buddha told a disciple to go down the mountain and go to the shop to bargain with his boss. He asked his disciples to mark 4500 or two silver, and the boss certainly did not sell it, so his disciples came back.

On the second day, second disciples went down the mountain and asked the boss what price the string of beads was. The boss thought, "this string of beads is actually worth 2000 two silver. The day before, someone has already produced 4500 two silver, and has made a lot of money.

Otherwise, I'll make it cheaper today, and quote 4500 two silver. This monk should be able to buy it.

So the boss offered 4500, two silver. How did this disciple follow the instructions of Buddha? He insisted on 4000 two silver, and the boss did not agree, so his disciples went back to the mountain again.

The third day...

In this way, Buddha called a disciple down the mountain every day, giving a slightly lower price than the previous day.

Seeing the day, the buyer's offer is lower than one. The boss is very anxious. Every day, he regrets selling the price of the previous day, falling into a deep remorse for himself. He blames himself for being too greedy. At the same time, every day he fears that others will give lower prices tomorrow, and he can't help himself in fear.

By the morning of the tenth day, he said to himself, "this string of beads has been out to 200 or two silver yesterday. Will it be lower today?"

The boss thought, afraid, and did not dare to think again.

At noon on the tenth day, some people came to ask the price. This time the Buddha came to himself and asked how much the beads were.

The boss was angry and said, "how come another person came to buy Buddha beads? Can they produce 100 or two silver coins, or even 50 or two silver?"

The Buddha asked, "500, two silver is not sold?" the boss listened to it, but the price rebounded to $500. Immediately, he replied, "sell, sell, and I will sell it. I will not only sell you the Buddha beads, but I will also give you a shrine for you." thank you for stopping the niche, with a single smile and a smile.

It is good to be good.

Then he took the beads and left.

Zhang Xuekui lecturer believes that stocks are also the bunch of beads in the hearts of shareholders. When stock prices soared, investors always felt that they could still rise again. Under greed psychology, they could not stop in time. When the share price plummeted, there was another fear in the hearts of shareholders. They could not correctly judge the value of stocks. If they rebounded slightly, they could not wait to cut their meat out.

{page_break}

When the stock market was at the top of 6000 in 2007, 300 yuan of Chinese ships had been said to rise to more than 1000 yuan.

In 2008, the stock fell to 30 yuan, and it was predicted that it would return to its original form and return to around 5 yuan.

When China's COSCO 18 yuan was listed in 2007, it could pull up more than ten trading boards, and the stock price reached 60 yuan. Some people continued to catch up. At the same time, the price was set at 60 yuan, and now the price of 10 yuan is not enough to make up the stock.

This is the price of the same stock at different times and the psychology of buying stocks.

Fear can turn gold into waste copper. It is hoped that rubbish can be regarded as a diamond. Let's look at the stock price of the ST plate and the banking sector 2 years ago and compare it with the current stock price.