由于从事投资工作,我经常要看各种各样的投资分析报告和经济研究报告。报告中让我最感兴趣的,是前言和注脚。因为前言和注脚往往是形成报告的出发点,报告的结论是根据这些前言和注脚设定的各种假设条件推导出来的。如果前言和注脚设定的各种假设条件不合理,无论这些报告的分析多么严谨,逻辑多么严密,模型多么先进,得出的结论都是不能作为投资决策依据的。 As a result of investment work, I often need to see a variety of investment analysis and economic research reports. I am most interested in the report, is the foreword and footnote. Because the preface and the footnote are often the starting point for the formation of the report, the conclusions of the report are derived from the assumptions set by these prefaces and footnotes. Irrelevant hypothetical assumptions and footnotes set by the Preamble and Footnote, no matter how stringent and rigorous the analysis of these reports are and how advanced the model, conclusions can not be based on investment decisions.