讀後心得

U.S. President Trump announced the imposition of reciprocal tariffs on multiple countries, with Taiwan's tariffs increasing by 32%, causing panic in the market. Former private equity trader "股人阿勳" predicts that the stock market will face a significant downturn and offers four investment suggestions: 1. If you have cash, gradually enter the market on dips; 2. If you don't have cash, maintain your mindset and reorganize your assets; 3. Avoid excessive leverage and leave some room; 4. Investments should be held for the long term and not be swayed by emotions. He emphasizes that value investors should patiently wait rather than evade risks.

U.S. President Trump signed an executive order on the 2nd to implement "reciprocal tariffs" against multiple countries, with a tariff increase of 32% on Taiwan. Subsequently, China also imposed "retaliatory tariffs" on U.S. goods, leading to heightened global trade tensions and market panic. Many fear that Taiwan's stock market will suffer a significant drop on Monday, as a former private equity trader stated that the downturn in the stock market is inevitable and predicted more bad news could emerge in a month. Despite the market volatility, he offered several investment suggestions.

The trader pointed out that Trump's tariff war has triggered market panic, and Taiwan's stock market is expected to decline, with the possibility of further bad news in the future. Nonetheless, he suggested that value investors should see this as "an opportunity to increase their positions" rather than rushing to flee. He emphasized that the market will not wait for you to enter, and true value may not decrease because of a single policy.

He noted that market sentiment is difficult to predict, and many quality companies such as TSMC and MediaTek will not have their fundamentals changed by these events. In the face of the rapidly changing stock market, it is crucial to remember that true investment is built on an understanding of value.

For those who are already trapped or lack funds, he advised against rushing to blame themselves and instead to rethink their asset allocation from now on. He proposed several steps, including gradually reducing holdings in the least favored stocks and directing funds towards high-quality assets or U.S. Treasury bonds. Finally, he recommended establishing a long-term buying strategy to remain calm during market panic.

• Investors with cash should enter the market gradually during dips.
• Those lacking cash need to be patient and focus on asset restructuring.
• Avoid leveraged operations to leave room for breathing.
• Extend investment timeframes to avoid being influenced by short-term panic.

Ultimately, he emphasized that investment should not be swayed by emotional fluctuations but should be based on the pursuit of value. Market volatility tests one's faith, not a race to escape. Those who already feel panic might need to consider exiting the market entirely.

Please note that the above content is for reference only; all investment decisions should be carefully evaluated for risks and appropriate risk management should be conducted.