Read Guan Qingyou’s *New Cycle Investment Strategy*; Xu Dafeng’s *Macroeconomic Economics and Capital Market Investment*; then *The Real Rules of the Stock Market* and *Investment Moats*; also Graham’s *Security Analysis* and *Poor Charlie’s Almanack* (edited by Peter Kaufman). If you want to understand the Merrill Lynch Clock, read *Macroeconomic Economics and Capital Market Investment*.

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