In the midst of market turmoil, Duan Yongping spoke out again and discussed investment and Maotai-related topics many times. He stressed that investments should be made using spare money, buying good companies, not using leverage, and being friends with time. Duan Yongping also revealed the income from the accounts he managed. In one account, the account amount increased from more than 200 million US dollars to more than 900 million US dollars in more than 5 years. On October 15, a netizen posted that an activity carried out by the Maotai Group, called the regular supply of 1,499 yuan of Flying Maotai, was actually to sell Maotai Bulao Liquor and Maotai Alcohol from the Maotai Health Liquor Company, a subsidiary of the group. Duan Yongping said, “Matching sales is the most foolish way to sell! Bad things should be cancelled; bundling is actually undermining progress due to poor rewards.” However, Duan Yongping is still very optimistic about Maotai's value. Some netizens asked: How likely is Maotai's profit in 10 years to reach 180 billion yuan? Duan Yongping said that the probability of not being able to earn money is very low. According to Duan Yongping, buying a good company is better than holding anything. Second, buying bonds, then saving money in a bank. After 10 or 20 years, buying Maotai is likely to be better than depositing banks. Duan Yongping is also very concerned about Tencent. On October 11, he wrote, “Not open?! I wanted to sell some before I went to bed.”

Zhitongcaijing · 10/16 06:57
In the midst of market turmoil, Duan Yongping spoke out again and discussed investment and Maotai-related topics many times. He stressed that investments should be made using spare money, buying good companies, not using leverage, and being friends with time. Duan Yongping also revealed the income from the accounts he managed. In one account, the account amount increased from more than 200 million US dollars to more than 900 million US dollars in more than 5 years. On October 15, a netizen posted that an activity carried out by the Maotai Group, called the regular supply of 1,499 yuan of Flying Maotai, was actually to sell Maotai Bulao Liquor and Maotai Alcohol from the Maotai Health Liquor Company, a subsidiary of the group. Duan Yongping said, “Matching sales is the most foolish way to sell! Bad things should be cancelled; bundling is actually undermining progress due to poor rewards.” However, Duan Yongping is still very optimistic about Maotai's value. Some netizens asked: How likely is Maotai's profit in 10 years to reach 180 billion yuan? Duan Yongping said that the probability of not being able to earn money is very low. According to Duan Yongping, buying a good company is better than holding anything. Second, buying bonds, then saving money in a bank. After 10 or 20 years, buying Maotai is likely to be better than depositing banks. Duan Yongping is also very concerned about Tencent. On October 11, he wrote, “Not open?! I wanted to sell some before I went to bed.”