Data:2009-12-12 2:34
Category: Money tips Release Date: 2006-12-16
Wall Street Godfather founded by Benjamin Graham and Buffett value investing philosophy is an investment philosophy, the cornerstone of its establishment on three above: 1. Investor attitude; 2. The pursuit of safety margin; 3. Found that the intrinsic value; precisely in these three points can be distinguished on the investors and speculators.
In today's capital market, value investing is not the only success. Speculation is also winners, Jiaojiao those such as: Soros and Andrea Kosztolanyi. George Soros is a philosopher, with the original philosophy established his speculative philosophy, and successfully implemented. In fact, less for the Chinese investors are familiar with Andre Kosztolanyi, is a real speculator. Soros is using his speculative philosophy to direct a team of professionals doing speculative; while Andre Kosztolanyi the international capital markets is a maverick, he could rely on the speculation is inherent talent, since the 10 teen access to the securities industry, he struck up on and speculation, 80 years of his life in order to speculators itself, and deeply proud of. Andrea Kosztolanyi is a speculative genius, his greatest ability is the "can smell the smell of money."
Soros and Andrea Kosztolanyi are great speculators, in the ordinary appears that they are "Frankenstein" or "genius." I think that: a successful speculator must have a very high talent and intelligence are all people, ordinary people can hardly become a successful speculator. Therefore, speculators can not be a successful model for ordinary people to copy. The success of Buffett's value investing model is an ordinary person can be replicated.
A current hot stock market conditions, it seems that everyone wants to make big money, easy money, many ordinary people are willing to imitate "genius", to do the "impossible task to complete speculation," they do not want to do some of the basic great effort side research, do not want to imitate an ordinary Buffett. Of course, the last of these people will not get investment success.
--- Yang Yang
