About this episode
茅台神话动摇？价值投资何去何从？飞天茅台降价潮，股价随之下行，负面消息满天飞。但股王茅台动向牵动万千股民心，它依旧是A股的信仰标杆。未来茅台价值何在？关键看两点：营收能否坚挺，利润率能否守得住。飞天茅台紧俏依旧，需求不减反增；非标产品线异军突起，营收新引擎已就位。降价≠掉队，反倒是市场扩容时。黄牛退场，信息透明时代来临，茅台“护城河”依然牢固。别慌，读懂茅台，信心比黄金重要。价值投资路漫漫，茅台犹可期？听我细细道来。
02:02 贵州茅台：未来价值取决于持续增长的营收和净利率水平。
04:07 飞天茅台价格破两千元，贵州茅台未来营收增长仍有保证
06:08 黄牛时代的终结：贵州茅台的价格变化与企业盈利
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