价值投资为什么在中国行不通？

其实不是价值投资在中国行不通的问题，巴菲特这样的价值投资大师也经常在某段时间内被美国投资者笑话，而是大部分投资者没有那么多资金和不愿意付出那么多时间等待。价值投资最需要的就是时间和本金，这才是问题...

其实不是价值投资在中国行不通的问题，巴菲特这样的价值投资大师也经常在某段时间内被美国投资者笑话，而是大部分投资者没有那么多资金和不愿意付出那么多时间等待。价值投资最需要的就是时间和本金，这才是问题的关键，所以很多人便认为价值投资在中国行不通。另外就是中国股市牛短熊长，让很多牛市追高买入的人丧失了价值投资的信心。价值投资没有问题，有问题的是自己买的太高了。

实际上，价值投资在中国是行得通的，这是价值规律的必然要求，和在哪个国家没有关系。只要中国的市场经济还在发展，中国股市的价值就会不断上升。中国股市大部分都是几万块钱来投机的散户，而机构投资者其实背负巨大的业绩压力，钱不是自己的，往往没有主动权。虽然自己的理念是正确的，但是更多时候不得不屈从现实迎合散户。为了避免大众的逆向选择，结果机构和散户一样也成了追涨杀跌的趋势投机者。所以这大概也是芒格说价值投资在中国的机会更多，但是更难的原因。

MCSE boot camps have its supporters and its detractors. Some people do not understand why you should have to spend money on boot camp when you can get the MCSE study materials yourself at a fraction of the camp price. However, who has the willpower to actually sit through a self-imposed MCSE training.

MCSE boot camps have its supporters and its detractors. Some people do not understand why you should have to spend money on boot camp when you can get the MCSE study materials yourself at a fraction of the camp price. However, who has the willpower.

MCSE boot camps have its supporters and its detractors. Some people do not understand why you should have to spend money on boot camp when you can get the MCSE study materials yourself at a fraction of the camp price. However, who has the willpower.