家用电器

问题:

  1. 还有哪几家厂生产空调?
  2. 为什么电视机不能像空调一样有利润?
  3. 以前的春兰空调是怎么倒闭的?
  4. 空调的海外市场有哪些竞争对手?
  5. 有哪些小家电是有利可图的?
  6. 大金空调的技术优势?
  7. 我家的空调是什么牌子?

品类

  1. 空调。
  2. 冰箱
  3. 洗衣机
  4. 厨电。
  5. 油烟机。
  6. 烘烤炉。

Investment Portfolio Check List

  1. Great Business:60-70%
    1. Understandable
    2. Moat: durable competitive strengths
    3. able and high-grade management
    4. 厚厚的雪: good returns on the net tangible assets required to operate the business
    5. 长长的坡: opportunities for internal growth at attractive returns
    6. at a fair price
  2. Cigar Butt:20%
  3. Momentum,news,high Tech: 10%
  4. Cash Level:
    1. market depression: <0 or 0 [borrow less than 30%]
    2. P/E above average X%: X/2%
    3. No good investments: prepare the washtubs
  5. Sell points
    1. Great businesses: sell 50% when the valuation is 50% (30% for 20%); or move around
    2. Cigar Butt: sell all when its price reaches fair value.
    3. Momentum: depends on conditions; flexible, adjust frequently
  6. Prepare the washtubs
    1. Bonds
    2. Real estate
  7. Circle of competence [能力圈]
    1. 电器[格力,美的,老板,苏泊尔]
    2. 白酒[]
    3. 游戏[]
    4. 保险[?]
    5. 银行[?]
    6. 医药[?]