This article teaches you to build your ultimate “operating system”! In addition, this article is not only suitable for investors, but it is also suitable for all people who want to advance with the times.
Editor’s note: This article comes from WeChat public account ” The Prophet Church (ID: gudaolundao) , released with authorization. Original title “The ultimate book list for 40 million investors! (In-depth recommendation)》
Introduction: This article explores building the ultimate “operating system” for investors! In addition, it is not only suitable for investors, but also for everyone who wants to advance with the times.
China Securities Depository and Clearing Co., Ltd., in 2018, we had 146 million personal accounts, of which 43.13 million were GEM-enabled. Duplicate the total account, plus the investors of A-share US stocks, the actual number of “active investors” should be no less than the number of GEM investors.
These 40 million investors are facing great difficulties in investing today. I wrote in the previous article “It is not possible to fly with HKUST, but there are too many A-shares.” I think it is necessary to add some information.
The Future of Employment research report published by Carl Fury and Michael Osborne of Oxford University, investigating the possibility of jobs being replaced by computers in the next 20 years. Its algorithm estimates that the United States 47 % Of jobs are at high risk of being replaced by computers, for example by 2033:
Telemarketers and insurance salespeople have a 99% chance of losing their jobs;
98% chance of referees for sports events;
97% cashier;
Chef 96%;
Servant 94%;
Lawyer 94%;
Tour guide 91%;
89% of bus drivers;
88% of construction workers;
84% of security personnel;
Wait and so on.
The above positions that do not require “pattern recognition” will be highly automated and intelligent. Many people lose economic and military value, and the organization of society has changed drastically. The knowledge of traditional investors, the “operating system” of traditional investors is quickly becoming obsolete. Only with a more comprehensive perspective and updated knowledge can we keep our jobs and investments.
So how do you do that? There is only one suggestion, and you have to keep up with lifelong learning in this era of upheaval. The following book list is a new beginning, and the recommended books are all types that are easy to understand.
01, Strategy (strategic ppt of top consulting companies, “Huashan talks about Sun Tzu’s Art of War”)
What is strategy? Strategy is “a plan to defeat existing and potential competitors.”
Recommend a strategic training ppt (including strategic goals, strategic definitions, strategic processes, strategic choices, and 18 analysis tools) from top consulting companies. You can ask for them privately and share them for free.
Everyone knows Sun Tzu’s Art of War, but there are not many people who understand it. Many people equate it with 36 tricks and the like, which is a big mistake. Huashan summed up the essence of its nine articles: 1. Stronger than weaker than weaker and stronger; 2. Winning is not a real victory, but the cost must be calculated; 3. Winning first, then playing, winning and then playing; 4. Be able to wait and be patient; 5. It depends on the first battle, and the victory that is indeterminate is meaningless; 6. The method of dividing the battle with the right victory; 7. The trick is not important; 8. Knowing yourself is the key It is a confidant; 9, Sun Tzu’s art of war is not to teach you to win, but to teach you to admit defeat.
02, Philosophy (“The Story of Philosophy”)
It can be seen for a long time that once time, artificial intelligence will not produce super intelligence. Where is human being stronger than AlphaGo? The ability of philosophical speculation is certainly one. Philosophical speculation is extremely important in the field of investment that requires the use of multiple thinking.
The Story of Philosophy focuses on more than a dozen major philosophers (Plato, Aristotle, Spinoza, Spencer, Nietzsche, Russell, etc.), examining his thoughts in the form of storytelling is an excellent book for cross-border learning. It is suitable to use this as a starting point to deeply study various philosophical views.
03, Cognition (“3 Brief History of Humankind” + “Biotech Investment Bible 2”, “Deep Learning” + Internet New Economy Company IPO Prospectus)
Whether it is investment, entrepreneurship, or work, it is the realization of cognitive abilities.
3 Brief History of Humans, including a brief history of humans, a brief history of the future, and a brief history of today. It provides an explanation of human beings from the ape to the AI era, whether right or wrong, widening the brain. The “Biotech Investment Scriptures” and “Deep Learning” about artificial intelligence are all things that you can’t reach during work and study, but the content is definitely understandable. They play the role of opening another window and opening a brain hole.
After you have opened your brain, you need to read the IPO prospectus of new economy companies such as the Internet and technology, and to master the business books of the latest and hardest listed companies, then you will never Outdated (from the Shanghai and Shenzhen Stock Exchange website, the science and technology board website, the Hong Kong Stock Exchange disclosure website, the SEC website to the prospectus).
04, Analysis (“Lean Data Analysis”)
The future-oriented analysis ability has three dimensions, including strategic analysis (which has been said above) + financial analysis (not too important, if you want to learn, you can recommend a “Teaching You to Read Financial Reports”) + data analysis.
Strategy is the Dragon Sword, often thinking but rarely really using it. Financial analysis In the era of the mobile Internet, there has been some lag, the stock price response is 800 years earlier than financial data.
Data analysis is lacking by most investors, and the most promising company’s production model has been transformed from the back end of research, production, and sales to business funnels (empathy, stickiness, virus, revenue, expansion). On the front end, often the battle has just begun, investors with data analysis capabilities have already foreseen the outcome, and the old accountant is still waiting for the statements after 4 months.