2025-12-25 10:26:09

Recently, I saw someone being penalized for accepting kickbacks for writing reports. To be honest, the issues exposed by this matter are even more serious than a small essay. Small essays are everywhere, and people might still question them, but research reports backed by institutions and with clear sources sound especially credible — which is precisely the problem.

The套路 (套路) is actually quite clear: someone quietly builds a position in advance, then spends money to have analysts produce reports to hype it up. When retail investors follow the trend and buy in, those who started early begin to sell off. The entire chain is tightly connected, with clear division of labor.

So, when it comes to reading research reports, you need to keep your eyes wide open. You can't assume that report authors are always objective. Honestly, many analysts' skills are not trustworthy at all. Even setting aside those with clear利益关系 (interests), the value of most institutional research reports is quite limited.

Rather than obsessing over others' opinions, it's better to think for yourself: the logic should be coherent, trends should be verified, timing should rely on volume-price relationships, and restraint is essential at key moments — this combination can help avoid most traps. Plus, diversifying holdings can significantly reduce the impact of black swan events on individual stocks on the overall portfolio.

If you really don't have the energy to do your own research, index funds are actually a good option. Using ETFs to build a core position allows you to participate in the market while minimizing the risk of a single project爆雷 (blowing up).

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ApeEscapeArtist

· 11h ago

Another show of paid reports, this routine of harvesting retail investors has long been well understood.

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VCsSuckMyLiquidity

· 11h ago

It's the same old trick again; analysts are just knives helping people harvest the leek. Really, compared to short articles, research reports backed by "mainstream institutions" are the most dangerous. Do it yourself and be self-sufficient; don't expect anyone to make money for you. Institutional reports? Just listen to them, don't treat them as the Bible. Retail investors trading stocks fear this the most: someone secretly building a position in front, then spending money on reports, and when we get in, we become the bagholders. Instead of studying reports, it's better to study your own stop-loss lines. After seeing this kind of operation so many times, now I only trust index funds.

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LuckyBearDrawer

· 11h ago

It's that same trick again—things endorsed by institutions are always easy to fall for.

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RooftopReserver

· 11h ago

Damn, it's the same old story. Analysts are just tools for helping people harvest profits from retail investors. --- All the institutional research reports are fools. I ask you, who is making money? --- I've long said that the biggest enemy of retail investors isn't the market, but those pen pushers who take money to do their bidding. --- So now I just buy index funds and relax, to avoid being caught in the trap. --- The scary thing isn't that there are many scammers, but that the scammers are especially professional. --- Research is useless; it's more reliable to trade index funds. Don't bother with the fuss. --- This is called information asymmetry, right? They’ve already sold off their holdings, and you're still reading reports. --- Really, instead of trusting analysts, it's better to trust your own instincts. --- What are you talking about? It's just a mechanism to trap retail investors. --- No wonder you're losing money; it turns out these people are working together to harvest your gains.

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Rugpull幸存者

· 12h ago

I'm too familiar with this routine, I told my friends about it a long time ago, just waiting to see who will fall. --- Institutional endorsements are even more dangerous; people tend to relax their vigilance. --- It's funny that analysts with mediocre skills still expect us to foot the bill. --- Doing your own research is always more effective than listening to stories, I agree with that. --- The biggest enemy for retail investors is actually their own greed, not the reports. --- The ETF route is indeed stable, worry-free, and avoids the pitfalls of individual projects. --- The key is to recognize who is hyping and who is dumping; don't be blinded by "professionals." --- The relationship between volume and price can't be fooled; it's more reliable than any analyst. --- Every time, someone asks me how to avoid getting caught in a trap; actually, it's about not trusting those sweet words.

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