Making value investments but losing money? Yang Delong: The companies purchased have no value, the longer you hold onto them, the deeper you get stuck.

Chief Economist of Qianhai Kaiyuan Fund, Yang Delong, stated at the 2025 Buffett Shareholders Meeting and US-China Investors Cocktail Party that he believes the negative news will soon be digested and that investors should seize equity investment opportunities to achieve wealth growth. "So many people are starting to question whether Buffett's value investment is suitable for A shares," Yang Delong said. "Why do you lose money when doing value investment? It's because you did it wrong. You did not truly practice value investment - either you bought at a very high price and got stuck, or you bought a company that has no value itself, so the longer you hold, the deeper you get stuck."