It is said that many friends who follow me initially did so because of the valuation table I included in my weekly live portfolio, but they also said they didn't quite understand it, though they were impressed because the stock price often fluctuated violently at certain points I provided. This article will answer all your questions. ---1. Before interpreting this valuation table, let’s first answer a core question: What is Mr. Z's investment philosophy? Answer: Learning from Buffett, practicing value investing. However, it is regrettable that the simplified Chinese internet has ruined 'value investing,' completely distorting the original intention of Buffett's teachings...