Today come on we are going to delve into the investment strategies of Duan Yongping, a truly legendary figure in China's financial realm. This man, known as "the Chinese Buffett" for his impressive achievements, has shared ten investment lessons that are worth reading and reflecting on time and again. Ready to be inspired? Let's go.

First of all, let's talk about your experience in entrepreneurship. Duan Yongping really built his reputation from scratch. At the age of 28, he took over the leadership of a small factory with significant losses and within a few years transformed its annual production to approximately 1 billion yuan. Later, his company BuBuGao became a global powerhouse, generating an annual production value of over 10 billion yuan. Over time and with his sharp vision, he incubated world-renowned brands like OPPO and vivo. However, once he turned 40, he decided to retire, leaving the management of his companies to pursue his great passion: investments.

His investment track record is also impressive. A notable example is his bet on NetEase in 2001, when the stocks had bottomed out. His initial investment turned into a capital multiplier in just a few months. Moreover, his commitment to Apple since 2011 proves his ability to identify long-term opportunities; today, his Apple shares represent a significant portion of his wealth.

And let's not forget his love for Guizhou's Moutai liquor, which he considers a safe haven for his investment in yuan. He has also shown confidence in Pinduoduo and Tencent during periods of market volatility.

Here is the compendium of your wisdom on investments:

1. Fish where there are fish: Instead of struggling in stagnant markets, look for opportunities where there is true growth potential.

2. Patience pays off: Carefully selecting stocks and holding them long-term is crucial for success.

3. Buying stocks is buying companies: Make sure that the company behind the stocks will succeed and will be led by visionary people.

4. Investment requires conviction: Stay the course and don't be swayed by market fluctuations.

5. There are no shortcuts: Speculation can be tempting, but it rarely pays off well in the long run.

6. Calculated decisions: Minimize impulsive decisions; sometimes, less is more.

7. Reflect on mistakes: Learn from failures without always resorting to optimizing speculative techniques.

8. Take advantage of the right moment: Buy when others dismiss and sell when they see value.

9. Play smart in the domestic market: The real value lies in patient investment rather than in quick speculation.

10. Believe in destiny: Conviction and persistence define you and lead you to become the person you want to be.

If these teachings motivate you, give us a 'like' and we would love to hear your thoughts!