Strive to select stocks that are above average.

Buying the wrong stock, or purchasing an excellent stock at the wrong time, can lead to long-term troubles.

Do not chase the market highs and lows.

The time between the market's peaks and troughs is often measured in years, not months or half-years.

Be wary of group consensus.

When everyone is greedy, if you are greedier, you will lose more money than others; the market loves to punish irrational individuals.

Profit does not come from chasing highs, but from strategic positioning.

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