Monday, August 23, 2010

The companies you invest in hot sectors

The hot investment sector company?


text | Cui Peng


I do not know that I is not have to always remember the young, but in every tough writing process, I often look dim light trance as a rest, just like The Little Match girls to see the light from a match in heaven, like the mother and the big turkey, I can recall when I was young, happy in the days of Internet companies that period.


that time the company's work is divided into two types, one is \senior management is engaged in the latter. In this case, we have huge income, but also have every holiday celebration, it seems that we are a profitable company like - that time is really market failure.


\

an event I remember most is the Valentine's Day in 2000, the company held a big ladder, which is the last show, so the company's single men and women came to power match, a total of five men and four women, men They enjoy competition, and four women through dating the right to get a date if the right company will also be awarded 1,000 dollars in prize money - in fact could have been five men and five women, life and death as a fat girl would not come to power, it caused five male competition situation - when we had talent shows, competitions back girl ... ... the last, unfortunately, to be eliminated is me!


But now to sum up, perhaps when I have other ways to win. Although I was not very enjoyable, but perhaps the most rational way to comeback. I should be a girl: \trick, then we will fall into the dating competition. Us if there is a willingness to be called girls, the ones who enjoy dating opportunities, then other men will surely follow, such as I to 500, 600 people will be none other, the end result of this competition is likely to be all male to 1000 dollars in prize money promised to be allowed to date all the girl - to save face I believe that even Wang Libian Posts money - this is a fat girl do not want the results of performing on stage, led to the market 4000 and all the profits to women's migration, and competition In addition under the control of those who have not received a penny other than likely, if possible, we call it a \

If the market is like the stage, information accessibility, logistics, accessibility, and is perfectly competitive, then very likely \So we have been pursuing the most effective marketing there is \who had to compete hard, but not willing to bear their own losses caused by changing products.


\

perhaps in the actual market is not so fast information transmission, if the number of investors - including industry, investors and capital investment - a highly profitable industry that desperately wanted to take money into account, but not without people jumped out shouting, \is simply a destruction of their own.


perhaps most representative of the above is that in the 1960s to the 1970s, the U.S. carpet industry. In the baby boom, there is a family than to have covered every corner of the carpet Gengrang an American housewife was satisfied do you want? Then the carpet will undoubtedly be a lucrative industry. It was invented in the 1960s, a tufting process, this method makes the carpet fibers greatly reduced, together with the subsequent emergence of the automatic compilation method of making carpets average price dropped from 28 dollars per foot to 4 U.S. dollars per foot, The price for U.S. airports, economic hotels and thousands of families are covered with carpet. This significant increase in sales when the U.S. carpet, large carpet manufacturers always seem to earn enough of each securities analysts are to persuade their customers to buy it, buy those outstanding shares of carpet manufacturers, they always not falling. This situation also allow competitors brainer, the U.S. major carpet manufacturers look to more than 200.


Since then there have been changes in consumption, the original wood floor than carpet cheap prices now seem more expensive than carpet, so the majority of wealthy U.S. households replaced the carpet again higher floor, while the relative poverty of the families would not use the carpet instead of the floor. Clearly, these families are more concerned about is the price of carpet, prompting more than 200 carpet manufacturers nationwide price war reached the white-hot wink, profit is down to almost zero.


course, the carpet makers also hard to sustain, in addition to the high switching costs in addition, they hoped to make a fat girl in this camp there, such as a large number of carpet companies out of business, and the remaining adherent to to sweep the remaining profits. This is also the reverse effect of application of fat girls. Of course, if there is such a situation they are no longer a hot field, enter the period in the strong possibility of significant losses to investors.


Therefore, in the current business theory, theorists conceived expectations Everlasting Enterprises can not just offer a simple product, but to provide a total solution. If a person want to go skiing, if you have a company only provided him with skis, then this company may soon fall into the fierce competition, but if the company can provide a full range of skiing that the skier needs, for example, learn to ski, there are where slip is more suitable for the skier, skiing during the period required to live in any hotel and so on. Of course, this complex will enhance the company's customer service viscosity, and perhaps make fat girl appears late some, however, complex services require a higher cost, and the company is more prone to problems - it was part of the company complex causes - a part of the company's industry is full of complex may also become a hot investment sector, and competition is not necessarily so powerful, but this risk may be a little better than other small hot industry.


in some cases, a hot industry, the company's profits and in the end there is no fat girl has nothing to do, because this sector is likely to simply one stage in the absence of himself. For instance, we had the network company, our vision is to make the country's farmers to our online trading of chemical fertilizers and pesticides,womens snowboard, in fact, virtually no one of us knows in the end who sell pesticides, fertilizers and stool also hard to tell what difference . What are these industries? Such as we now say of things, specifically what will become of this new kind of concept, I asked several \. \In fact the popular concept of the company's return on capital is not high, and been the market identified a very high price-earnings ratio, their price is likely to spring river ice as dangerous as that which one took were not allowed to sink into.


course, if an investor like the novel and popular sectors, like the higher risk, not necessarily a failure of the investors is the only way people can buy Google in 8 years, in 20 years before buying Microsoft. The new technology will result in hot sectors, and this sector is often a bubble in the inside - the technology bubble is not necessarily a bad thing, maybe we can call it meaningful bubble, it is more meaningful than the real estate bubble - perhaps investment who should be more rational to buy the hot industry based on the probability of index funds,women's snowboard, so that \(First Financial Weekly)

No comments:

Post a Comment