The Warren Buffett Portfolio 在線電子書 圖書標籤: 芒格 投資 英文原版 英文 華政 價值投資 Rob Hagstrom
發表於2024-12-27
The Warren Buffett Portfolio 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024
要集中投資。
評分I really like Warren's criticism on the modern portfolio theory.
評分I really like Warren's criticism on the modern portfolio theory.
評分要集中投資。
評分一,風險和投資者對標的商業和經濟特性的思考深度,置信程度,持倉時間和安全邊際成反比;二,分散資産保護的是投資者的無知,15隻持股可以達到85%的全市場資産分散的效果;三,最優秀的投資者不從眾,獨立調研和思考,不以從眾或特立獨行為樂;四,實現最優延遞稅收的方法是把換倉率降低到20%以下;五,投資和打橋牌一樣,博弈的是概率。決策樹式的思考,計算概率,更新先驗概率,確定投資數量,等待最佳勝算的齣現;六,注意行為偏差,雙規分析,一邊思考理性期望和概率,一邊注意潛意識造成的認知偏見並注意防範(過度自信,過度反應,損失厭惡,心理賬戶等);七,認識到經濟體是個復雜適應性係統,避免做係統性的宏觀預測。微觀企業層麵的細緻分析可以降低宏觀湧現的不可預測風險,從而增加勝率。學習其他領域最好的知識,沒人能無師自通
The Warren Buffett Way provided the first look into the strategies that the master uses to pick stocks. A New York Times bestseller, it is a valuable and practical primer on the principles behind the remarkable investment run of the famed oracle of Omaha. In this much-awaited companion to that book, author Robert Hagstrom takes the next logical step, revealing how to profitably manage stocks once you select them. THE WARREN BUFFETT PORTFOLIO will help you through the process of building a superior portfolio and managing the stocks going forward. Building a concentrated portfolio is critical for investment success. THE WARREN BUFFETT PORTFOLIO introduces the next wave of investment strategy, called focus investing. A comprehensive investment strategy used with spectacular results by Buffett, focus investing directs investors to select a concentrated group of businesses by examining their management and financial positions as compared to their stock prices. A strategy that has historically outperformed the market, focus investing is based on the principle that a shareholder's return from owning a stock is ultimately determined by the economics of the underlying business. Hagstrom explains in easy-to-understand terms exactly what focus investing is, how it works, and how it can be applied by any investor at any level of experience. He demonstrates how Buffett arranges his stocks in a focus portfolio and reveals why this is as responsible for his incredible returns as the individual stocks he picks. Ultimately, Hagstrom shows how to use this technique to build and manage a portfolio to achieve the best possible results.
1. 把弹药集中放在最佳机会上面。第一Diversification很难产生超额回报,第二任何时刻好机会都很少,你能看到并且理解的就更少了。多集中?最大的仓位可以达到40%。 2. 一个简单的选择机会的标准,就是想要买的股票是不是比仓位里面的已有股票更好?新买的股票总是要比已有的股...
評分1. 把弹药集中放在最佳机会上面。第一Diversification很难产生超额回报,第二任何时刻好机会都很少,你能看到并且理解的就更少了。多集中?最大的仓位可以达到40%。 2. 一个简单的选择机会的标准,就是想要买的股票是不是比仓位里面的已有股票更好?新买的股票总是要比已有的股...
評分1. 把弹药集中放在最佳机会上面。第一Diversification很难产生超额回报,第二任何时刻好机会都很少,你能看到并且理解的就更少了。多集中?最大的仓位可以达到40%。 2. 一个简单的选择机会的标准,就是想要买的股票是不是比仓位里面的已有股票更好?新买的股票总是要比已有的股...
評分1. 把弹药集中放在最佳机会上面。第一Diversification很难产生超额回报,第二任何时刻好机会都很少,你能看到并且理解的就更少了。多集中?最大的仓位可以达到40%。 2. 一个简单的选择机会的标准,就是想要买的股票是不是比仓位里面的已有股票更好?新买的股票总是要比已有的股...
評分1. 把弹药集中放在最佳机会上面。第一Diversification很难产生超额回报,第二任何时刻好机会都很少,你能看到并且理解的就更少了。多集中?最大的仓位可以达到40%。 2. 一个简单的选择机会的标准,就是想要买的股票是不是比仓位里面的已有股票更好?新买的股票总是要比已有的股...
The Warren Buffett Portfolio 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024