The tide is receding. Who knows who is swimming naked? What is the moral?

This means that everyone swims in the sea. It's hard to say who is really like it, and it's hard to see who is swimming until the sea ebbs. Buffett once said that you never know who has been swimming naked until the tide ebbs. It means that you won't know which companies are really good until the bubble bursts due to fanatical speculation.

character introduction

Warren Buffett Warren E. Buffett holds a master's degree in male economics. 1930 was born in Omaha, Nebraska, USA on August 30th. He is a world-renowned investor, mainly investing in the stock electronic spot fund industry.

On April 6, 2020, Warren Buffett ranked third among Hurun's top 100 entrepreneurs with a wealth of 590 billion yuan. On April 7th, Warren Buffett ranked fourth on the Forbes Billionaires List in 2020 with a wealth of $67.5 billion. ?

On March 2nd, 20021year, Warren Buffett ranked 6th on Hurun's list of the world's richest people with a wealth of 589 billion yuan. In April this year, Warren Buffett ranked sixth on Forbes' list of the world's richest people with a wealth of $96 billion.