Category: Money tips Release Date: 2006-06-20
Guangdong Development Fund Deputy General Manager of Marketing Department of Wu Jun
1:00 The money is not a very difficult task, difficult as like Buffett continued to make money.
Investment is an art, is difficult to say which method is more effective, each person has a different approach, but one of the key is to avoid making mistakes. It's like playing football, and sometimes a strong striker, and even into the other two goals, but did not think defense is much weaker opponent into three, the result was defeat. Investment, if there is a big mistake, then your fund performance is difficult to grasp. Therefore, an investment is a race to see who make fewer mistakes.
Some people say that Buffett is great, is not that he was 75 years old have a 45 billion U.S. dollars of wealth, but rather when he was young to understand many things, and then he used life-years to adhere to.
Buffett's investment company is extremely harsh, his 30% of the investment portfolio is Coca-Cola, American Express, 20%, 10% of Gillette, In addition, he also holds the Washington Post and Wells Fargo shares. 75% of his investment in five companies in this body, so I believe Buffett is a very concentrated investment.
In China, many people simply do not believe that the investment value and can have long-term holdings, so they believe that China's fund industry is difficult to produce Buffett, because we do not like a great business. Many investors, even some professional investors usually believe in a concept: an investor to judge the value of a business, do not think about it 10 years later, how kind, as long as three years think that growth will be OK. That is why the Chinese market, the bull market is always money-driven and short-lived reasons.
Fortunately, a number of Chinese enterprises is not as bad as people think, there are some enterprises such as Maotai, Yunnan Baiyao, Salt Lake Potash and other companies over the years maintained a rapid growth, long-term benefits of holding several times already.
In fact, the good stocks are very public, such as Microsoft, Google, HSBC, and yellow, are well-known good stocks, but the long-term hold these good stocks, not many people, especially the bull market, the good stocks risen to a certain height after it difficult to continue to rise, and even may be a bit down, this time to learn to endure loneliness lonely Buffett, for many people is a great torture.
Instead, some of the concepts, messages and even illusory restructuring, capital stock become a leading striker, riding the bull market into the mainstream idea of fishing for quick money. The concept of value investing at this time is everyone again and again abandoned, as people try their hand discards swimming trunks, he thought again is not necessary.
The concept of value investing in a bull market where time and time again been forgotten, in the bear market it actually picked up again by the people. Tide to recede, after all, when the fund unsustainable, the stock will be back to the original place. At this time, one must scream: So they have been swimming naked!
