Life is about effective, simple, repetitive stock strategies that are mainly qualitative and quantitative. Qualitative factors are based on probability (holding state-owned enterprises and central enterprises is relatively safe with high guaranteed benefits; private enterprises, even if safe, often have conflicting interests with minority shareholders). Quantitative factors are based on odds (buying below net asset value; the lower the price, the greater the odds and the higher the returns). When a method proves effective, it will be used continuously. This is the law of survival of all things. Discover what works and replicate it; discover what doesn't work and discard it. The best method is one that can be repeatedly and simply copied — this is the essence of compound interest. Therefore, Bruce Lee said: I’m not afraid of someone who has a thousand techniques; I’m only afraid of an opponent who has practiced one technique a thousand times. Just like the old story of the oil seller, effortlessly pouring oil through the small square hole in the ancient copper coin into the oil jar. Question: How to acquire such superb skills? Answer: Only through mastery. The things we repeatedly do will shape us. Therefore, excellence is not a behavior but a habit. — Will Durant The species that can survive are not the strongest or the smartest, but the most adaptable to change. — Darwin $ORBS $POLK $NTRN