Investment philosophy of Andy Lau

Recently, a film named *Crazy Stone* has become extremely popular. This low-budget production, with an investment of less than 3 million RMB, is expected to gross over 30 million RMB at the box office. The Hong Kong star who invested in the film, Andy Lau, can be said to have struck gold. However, upon examining the background of this investment, it becomes clear that investing in *Crazy Stone* was not just a matter of seizing an opportunity, but also a success of investment philosophy.

Firstly, what investment needs most is insight — an understanding or philosophy of investment. Having a keen eye for value doesn't mean everyone who sees gold will recognize its worth. Director Ning Hao pitched his project at the Asian Film Investment Conference for six days, and hundreds or even thousands of investors passed by him without realizing the potential of *Crazy Stone*. This shows how difficult it is to develop such insight. Andy Lau considered three key points for this investment: strong storytelling, passing censorship, and an excellent script. These were correct principles derived from his years of experience in the film and television industry. In securities investment, countless investors come and go in the market. How many of them have established the right investment philosophy?

Secondly, investment requires the right mindset. When discussing whether this film would make money, Andy Lau's attitude was very open-minded. He understood the risks and was well-prepared. This is a necessary prerequisite for investment. Investors in the securities market often make two types of mistakes: one is lacking risk awareness and investing with a gambling mentality, putting all their eggs in one basket; the other is being overly afraid of risks, hesitating to act when faced with uncertainty, and cutting losses at any cost at the slightest sign of trouble, unaware that the securities market...