The long-term holding strategy of #长期持有策略 focuses on the long-term appreciation of assets and downplays short-term fluctuations. The core is to select high-quality targets and hold them for the long term:

- Select companies with a moat (such as brand barriers, technological advantages) or growth assets (such as index funds).

- Ignore short-term market sentiment and rely on fundamentals (profit growth, industry prospects) to assess value.

- Suitable for low-frequency operations, accumulating returns through the compounding effect and reducing transaction costs.

One must endure fluctuations and avoid panic selling due to market fears. It is suitable for long-term funds (such as pensions) and reduces single risk through diversified allocation (across industries and regions), with a typical time horizon of more than 5 years.