Duan Yongping has once again become a legendary figure, earning over 10 million yuan in just a little more than ten days! Recently, Moutai has made a remarkable comeback, rebounding from the lows, rising more than ten points, and once again becoming the most expensive company in the A-share market.

Last month, Moutai dropped below 1,300 yuan. Duan Yongping increased his holdings by nearly 100 million yuan against the trend, demonstrating the principle of “when others panic, I am greedy.” At that time, many people mocked Duan Yongping, saying Moutai was no longer viable, that he was finished, and even Zhuoqun, who once gained fame through Moutai, ridiculed the old-timers holding onto Moutai.

But not long after, Moutai surged sharply,狠狠地打了那些嘲笑者的脸。 (This phrase means “hit those mockers hard in the face,” implying a strong comeback that proved the skeptics wrong.) Human nature is like this: five years ago, when Moutai was over 2,600 yuan with a P/E ratio of more than 40, many said Moutai was liquid gold, a sauce-flavored tech stock, aiming for 3,000 yuan; when Moutai fell to around 1,300 yuan with a P/E ratio of only 20, some said young people no longer drink white liquor, that iMoutai had broken Moutai’s financial attributes, and that Moutai was no longer good, expecting it to fall below 1,000 yuan.

In reality, those who chased Moutai high five years ago and those who are now bearish on Moutai are the same group of retail investors. Retail investors chase the highs and sell the lows; they ignore Moutai’s over 80 billion yuan in net profit annually, its 49% profit margin, and over 60 billion yuan in dividends. They follow the crowd blindly, lacking independent thinking.

China’s Buffett is no joke, and Duan Shen is always Duan Shen. I still remember him buying Tencent at over 200 yuan during its bottoming phase. This time, he is bottoming out Moutai, always standing against the majority, because the truth is always in the hands of the minority.

Duan Shen’s strategy is to buy when it’s time to buy! #当前行情抄底还是观望？