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Xu Zhimin: Investment bets on the mainstream succeed through probability, overturning consensus wins with scale
Chief Investment Officer Xu Zhimin of Qian Zhongtai Asset Management stated in an interview that the mainstream view has a higher probability of being correct, but the profit magnitude is often quite limited. Challenging consensus has a lower success rate, but once successful, its value can be enormous. Xu Zhimin summarized that when their research conclusions differ from those of peers, he is more willing to bet heavily.