Hong Kong stock guru Cao Renchao, 7 quotes:
1. Retail investors should concentrate their firepower; diversification is only for those with a net worth over 100 million.
2. Don't try to catch the bottom or guess the top; just follow the trend.
3. "Money can't buy happiness" is just something said to comfort the poor.
4. Either aim for a gain of 100%+ or set a stop-loss at 15%; there's no middle ground.
5. When you're young with little money, take risks; when you're older with more money, be conservative.
6. Success is 70% about riding the trend and 30% about hard work.
So the first thing you need to do is find that trend.
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