Passage 2
When it comes to stock trading, age does not necessarily mean wisdom. At just 18 years old, Liang Hao has outper formed many professional investors by a nearly 100 percent profit from his stock market investments last year.Liang is a Guangzhou student from the Affiliated High School of South China Normal University. He first dealt in the stock market at the age of 14 when the market declined sharply in 2004. His father, who runs a steel trading company in Guangzhou, was his first First he 70,000-yuan"lucky money"- his Spring Festival red envelopes that he had saved over the years.It did not take long for the young trader to turn from an investing beginner into a sharp investor who started to make profits his father could not even match“I prefer low-risk trading because the key to investment is not to make a lot of moneybut to preserve one' s assets(资产) first,” said Liang.“ A clear mindset and properinvestment concept are what matters the most in stock trading.”Liang said the proudest investment he made was an operation on Ping An Insurances stock in 2007. He successfully bought 1, 000 shares at the first public offering at the price of 33.8 yuan. "I finally sold them for 123 yuan and made a good profit. "he said Like many investors, Liang learned a hard lesson in 2008. His investment in Citic Securities and Shanxi Xinghuacun Fen Wine Factory Co Ltd resulted in heavy losses and he finally cut his whole holding at a low price.It was an unforgettable experience for me. I realized that value investment is not justabout ysis of price/ earning ratios and a company’ s fundamentals(基本面),” he said. “The ability to constantly correct mistakes is also important”The high school ager said his passion for the financial market would continue to grow. He has decided to major in finance at college and gain some work experience investment banks after graduation. Liang said his ultimate goal is to run his own fund management company like Buffett’s Berkshire Hathaway.
What does the word"outperform"(Line 1, Paragraph 2) mean?
