---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42262994.md"
description: "First, have a discerning eye to identify and invest in good companies with truly enduring business advantages and wide moats. Second, do not fear market fluctuations; be willing to accept and endure short-term price volatility and even paper losses."
datetime: "2026-06-28T06:24:10.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42262994.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42262994.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42262994.md)
author: "[半仓茶](https://longbridge.com/en/profiles/18385242.md)"
---

# First, have a discerning eye to identify and inves…