Greetings from Capital Heights

English

Capital Heights Investment Club (the “Club”) was founded in 2019. The club believes in the importance of financial education thus it gathers a group of passionate, knowledgeable and socially responsible authors. Through the variety of topics, points of view and reasonings discussed in the articles, the club aims to equip our readers with standard financial analysis techniques and portfolio management skills.

Investments are both psychological and scientific. It is not uncommon to require investors to make decisions financially reasonable but unfavourable in nature. While the market is heavily weighted in favour of short-term capital gains, the well-flamed, most successful investors emphasise the value of long-term investments. And there are much more examples that may come up to your mind.

The road to be a financially intelligent investor is always tough. It is nonetheless not one of those people have to get rid of it on their owns. The club, the authors and the readers will grow together and reach each respective goal.

中文

滙思投資學會（下稱「滙思」或「學會」）成立於2019年。學會致力通過標準的財務教育，將正統、有效的財務分析技巧、角度及推論與讀者分享。滙思相信，唯有理性、科學化的市場參與者，能夠造就一個更成熟、穩定及恒久的金融市場。

投資是一門滙合會計、財務、心理學等多項知識的學問。個人投資者容易受「羊群心理」影響，作出不理性的決定。市場亦充斥著對短線資本增值的迷戀，對建立長久、穩固的投資系統有所忽略。去年有報導指，若長實股東自1972年起一直持有該公司的股票，並將期間分派的股息回報再投資，回報率可達5,000倍。可是，能夠不受市場雜訊影響，緊守投資格律的市場參與者卻實屬少數。

我們期望通過滙思的平台，聚集賢士，共同面對各項挑戰，締造更美好的將來！