Why does history always repeat itself? Why do we learn the twenty-four histories and the experience of each dynasty and generation, and in the end, we basically repeat the same mistakes? History is always repeating itself, especially in the financial field. Look at the Dutch tulips in history, Japanese real estate and stocks in the 1990s, the Internet bubble, and the 20 15 stock market crash. At its peak, the whole society was crazy about it. When the tide receded, people found that the original history was repeated, the only difference was that the object had changed. Why do you always repeat the same story? In my opinion, some things in human nature have never changed, greed, fear ..... these are the same chapters.

? Combined with wave theory, let's look at the role of human nature in financial speculation. Take the stock bull market as an example. In a wave of climbing, people are either skeptical about new things or afraid of the damage caused by the last Great Depression. People are generally indifferent to the stock market and stay away from it. Of course, some pioneers have already got on the bus. Soon after, the second wave of the stock market began to pull back. At this time, people said, look at this stock market is another lie, which is even more contemptuous, but the pioneers ignored the views of society and even quietly increased their positions. The stock market began to grow quietly in people's doubts. With the growth, some people hesitate to join, and with the growing influence, more and more people join, but some people still don't believe it and think it's a lie. Some pioneers stopped when they saw it, and the four waves began to adjust. At this time, people who believe began to fear, people who doubt more doubt, and market pessimism began to grow. But then the stock market began to bottom out and rebounded to a stronger five waves. At this time, those who are hesitant and no longer doubt, those who have been skeptical before, can't stand the temptation and step in. Those experts in the market are releasing good news, reminding others that people who may be bubbles are always scolded and the whole society goes crazy. However, the back really peaked, and the real disaster of greed began.

From this, we find that it is our human nature to truly interpret the repeated history. Therefore, what we really want to change history can only be that we overcome our inner feelings and gain inner wisdom, thus changing the process of historical repetition.