股市小書生
價值投資
They bet big when they have the odds. And the rest of the time, they don't. It's just that simple.
2010年，芒格的演講 ART OF STOCK PICKING
這裏芒格所提到的投資機會基本上隻會出現在幾乎所有的人都已經徹底絕望的時刻。投資者需要永不停止的麵對不確定的未來，這是大多數普通人，特別是習慣於工薪族思維的人不願意麵對的壓力。
習近平：沒有任何力量能阻擋股市的長期前進步伐。
要想長期跟隨股市的前進步伐，需要投資常識，也需要勇氣。在加國股市的曆史最高位時，我所有的資產都在股市之中。
“Far more money has been lost by investors in preparing for corrections, or anticipating corrections, than has been lost in the corrections themselves.” - Peter Lynch
"Warren and I have not made our way in life by making successful macroeconomic predictions and betting on our conclusions.
Our system is to swim as competently as we can and sometimes the tide will be with us and sometimes it will be against us. But by and large we don't much bother with trying to predict the tides because we plan to play the game for a long time.
I recommend to all of you exactly the same attitude.
It's kind of a snare and a delusion to outguess macroeconomic cycles...very few people do it successfully and some of them do it by accident. When the game is that tough, why not adopt the other system of swimming as competently as you can and figuring that over a long life you'll have your share of good tides and bad tides?" - 芒格
