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Haoge
Mar 26, 2022 3:27 AM

How to read the message side? ——My road as a financial analyst Short

KWEICHOW MOUTAI CO.,LTD.SSE

Description

Every day, there are many fake articles that spread different positions, both true and exaggerated. In order to judge valuable information from them, we need to have certain critical thinking. Then I will share three dimensions for your reference.

In the period when Kweichow Moutai was heavily bearish by market opinion, I saw an article talking about the risks of Kweichow Moutai, and many views in the article could not withstand scrutiny. Examples are as follows:

(1) Confusion of concepts. The article points out that Kweichow Moutai's diversified strategy of entering real estate, airport, beer and wine has huge risks, and I fully agree with it. However, these investment projects are affiliated with Moutai Group and have nothing to do with the joint-stock company. Generally speaking, "Kweichow Moutai" refers to the listed joint-stock company, and the holding group company is called "Moutai Group". Kweichow Moutai only produces liquor, not other industries. Obviously, the author confused Moutai Group with Kweichow Moutai.

(2) Logic error. I have a different opinion on the viewpoint of "unreasonable high price caused by monopoly damages the interests of consumers" in the section of "Prominent abuses of industry monopoly". Maotai is not daily necessities, and monopoly is market monopoly and not administrative monopoly. There are dozens of well-known baijiu brands, but the government doesn't force people to buy Maotai or restrict them from buying other brands. The price of Moutai liquor is determined by the market. If manufacturers are willing to sell and consumers are willing to buy, the price is not "unreasonable". As long as manufacturers do not shoddy or use other fraudulent means, there is no "damage to the interests of consumers" said.

(3) Subjective imagination. "Shortening the brewing time of baijiu is a way to quickly increase production," reads the section on "Increasing the risk of quality degradation." I think it's subjective to make such an assumption without evidence or an adequate chain of clues.
Part from Why I Gave up technology Analysis
Comments
Hoplomah
So what is the conclusion? Should I read someone's articles ever?
Haoge
@Hoplomah, The proposal uses dialectical vision to see a problem, wish you trade happily
nitinghulesai
ok
Haoge
Many people say that most of the information on the Internet is fake, which makes no sense.
We can get junk information and false knowledge from any medium. The cost of acquiring knowledge and information and whether the packaging and printing are exquisite have nothing to do with the usefulness of knowledge and information. Next time we will continue to share the strategy of message surface analysis. If you have any questions, you can leave a comment
Haoge
许多人说,网上的信息大多都是假的,这个说法其实毫无道理。
我们从任何媒介上都能得到垃圾信息和伪知识。而得到知识、信息需要付出成本的高低以及包装印刷是否精美,与知识、信息的有用与否毫无关联。下一期继续分享消息面分析的策略,你有什么想问的,都可以评论留言哟~
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