Since the beginning of this year, the Russian-Ukrainian war, repeated epidemics, rising prices... Under the influence of multiple factors, the global financial market has continued to decline, and the stock prices of many companies have experienced the largest decline since the 2008 financial crisis. The encrypted financial market is also difficult to be immune to itself. With the collapse of the encrypted currency Luna and the successive actions of global regulators, it has continued to decline. Compared with last year's encrypted financial bull market, it can be said to be completely different.

Even in the darkest moments, there are opportunities to choose the right time Although the future prospects of cryptocurrencies are still uncertain in the eyes of many people, more and more industry giants have begun to open their arms and enter the game. Looking back at history, we can always find the similarities of "others are fearful and greedy". Back in the 1970s, when the financial market was in the lingering gloom of the times, the investment world was shining with stars - Buffett, Peter Lynch , Templeton, John Neff and other investment masters handed over epic transcripts.

The data shows that between 1970 and 1976, Buffett achieved a total return of 240.3%, which was 188.9% higher than the S&P 500 return, and the annualized return reached 19.1%, which was 13% higher than the S&P 500 return. Templeton and John Neff were close behind with solid wins. Peter Lynch took office as a Magellan fund manager in 1977, and his performance has skyrocketed. From 1977 to 1981, the total return was as high as 352.4%, and the annualized return was 35.2%, while the total return of the S&P 500 during the same period was 44.2%, and the annualized return was 7.6%. The performance is astounding.

What brought the shining stars of the investment world in the 1970s? Accurate timing, daring to buy bottoms, and willingness to invest in the "cigar butt investment method" with the potential to reverse difficulties are indispensable keywords, and this is also the essence of "long-termism" that is talked about.

Since the beginning of this year, the Russian-Ukrainian war, repeated epidemics, rising prices... Under the influence of multiple factors, the global financial market has continued to decline, and the stock prices of many companies have experienced the largest decline since the 2008 financial crisis. The encrypted financial market is also difficult to be immune to itself. With the collapse of the encrypted currency Luna and the successive actions of global regulators, it has continued to decline. Compared with last year's encrypted financial bull market, it can be said to be completely different.

Even in the darkest moments, there are opportunities to choose the right time Although the future prospects of cryptocurrencies are still uncertain in the eyes of many people, more and more industry giants have begun to open their arms and enter the game. Looking back at history, we can always find the similarities of "others are fearful and greedy". Back in the 1970s, when the financial market was in the lingering gloom of the times, the investment world was shining with stars - Buffett, Peter Lynch , Templeton, John Neff and other investment masters handed over epic transcripts.

The data shows that between 1970 and 1976, Buffett achieved a total return of 240.3%, which was 188.9% higher than the S&P 500 return, and the annualized return reached 19.1%, which was 13% higher than the S&P 500 return. Templeton and John Neff were close behind with solid wins. Peter Lynch took office as a Magellan fund manager in 1977, and his performance has skyrocketed. From 1977 to 1981, the total return was as high as 352.4%, and the annualized return was 35.2%, while the total return of the S&P 500 during the same period was 44.2%, and the annualized return was 7.6%. The performance is astounding.

What brought the shining stars of the investment world in the 1970s? Accurate timing, daring to buy bottoms, and willingness to invest in the "cigar butt investment method" with the potential to reverse difficulties are indispensable keywords, and this is also the essence of "long-termism" that is talked about.