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高瓴张磊：投资一家企业，最大的风控是选人（创始人）_大咖_前瞻经济学人

公司也一样，即便有很优秀的管理层，但如果在一个很烂的行业，不管你怎么敬业、挣扎，业绩都不会太好。而有一些行业，你会发现赚钱实在太容易了，从行业的维度看，首先是看行业的商业模式，也就是这个行业挣钱是否容易。第二、看行业的竞争格局。我们经常说格局决定结局，很典型的两家公司就是美的、格力。空调并不算很出众的行业，但是2005年价格战之后至今，形成了格力和美的市场占有率具有很大优势的格局。行业格局优化后，即使整体增速下滑，格力和美的的业绩增长也很快，股价也都涨了几十倍。第三、看行业的空间。中国过去15 年走了美国100 年走的路，可以在三年时间内用掉美国一个世纪用的水泥量。在这种情况下，中国必定有一些行业的成长空间是有限的，甚至有可能已经是夕阳行业。在行业选择上我们要避开这些�

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专访宋怡明：谈中国农民问题与海外中国学研究面临的挑战

专访宋怡明：谈中国农民问题与海外中国学研究面临的挑战
voachinese.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voachinese.com Daily Mail and Mail on Sunday newspapers.

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專訪宋怡明：談中國農民問題與海外中國學研究面臨的挑戰

專訪宋怡明：談中國農民問題與海外中國學研究面臨的挑戰
voacantonese.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voacantonese.com Daily Mail and Mail on Sunday newspapers.

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讲座｜哲学在中国：过去、现在和未来

讲座｜哲学在中国：过去、现在和未来
sina.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com.cn Daily Mail and Mail on Sunday newspapers.

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【网海拾贝】美中脱钩谁的损失更大？ | GDP | 伟光正 | 希特勒

【网海拾贝】美中脱钩谁的损失更大？ | GDP | 伟光正 | 希特勒
epochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from epochtimes.com Daily Mail and Mail on Sunday newspapers.

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