炒股以前是纯FA派，炒股后开始认识到对小散户纯FA问题也多多，
1.首先FA有可能出错。
2.即使FA做对了，your estimate of the intrinsic value is more accurate than
that by those institute holders，但短期内要是那些大户不认同的话，也没用。In
short term, stock market is a voting machine although in long term it is a
weighting machine. 当然你可以说我一直捂下去，the stock price will always
converge to the intrinsic value. 但问题是，你要捂多久，对很多人来讲，特别是
散户，都是追求短期高回报的。从这方面讲，O'neil的momentum play很有他的道理。
总结一句，我觉得对一个股票，how much is its true intrinsic value可能不是最重
要的问题，更重要的是how much is the market's c
