Name: 投資的8大法則 (The 8 Rules Of Investing)
Uploaded: 2020-09-20T19:40:28.000Z
Duration: 11 min 49 s

How many years do you need to become a billionaire? Some people did it in 10 years while others

你需要多少年才能成為億萬富翁？有些人10年就做到了，有些人

程度副詞

in 50, it highly depends on the person and the circumstances, but one person outperformed

在50，它高度依賴於人和環境，但一個人的表現超過了。

everyone else. When Facebook was still an idea, Eduardo Saverin decided to invest in

其他人。當Facebook還是一個想法的時候，愛德華多-薩維林就決定投資。

it 15 thousand dollars. He stayed in Facebook for less than a year

它15000美元。他在Facebook呆了不到一年的時間

since he had a terrible relationship with Mark Zuckerberg, but that little investment

因為他和馬克-扎克伯格的關係很糟糕，但那點投資。

and a year in Facebook turned him into a billionaire.  His net worth today is over 11.3 billion dollars.

並在Facebook工作一年就把他變成了億萬富翁。  他如今的淨資產超過113億美元。

But not everyone gets such an opportunity. Quite often, people have to build their wealth

但不是每個人都有這樣的機會。很多時候，人們要靠自己的財富來積累

from scratch step by step. However, one of the ways you can reach your financial goals

從零開始一步步實現。然而，你可以達到你的財務目標的方法之一是

faster is by investing. But the problem is that investing isn't easy, its complicated,

更快的是通過投資。但問題是，投資並不容易，它很複雜。

competitive and cruel and if you don't know the rules, you will probably just lose all

競爭和殘酷，如果你不知道規則，你很可能就會失去所有。

of your money that you worked so hard to earn.   So, if you want to be one of the few people

你辛辛苦苦賺來的錢。   所以，如果你想成為少數人之一

who actually make money by investing, master the rules first.

真正通過投資賺錢的人，先掌握規則。

There are three types of companies you should invest in. One, it's a stable company, it

有三種類型的公司你應該投資。一、它是一家穩定的公司，它

has a great product, excellent leadership, and good financial statements. So the company

擁有優秀的產品、優秀的領導力和良好的財務報表。所以公司

would probably keep growing and your investment if you decide to invest in this company.

如果你決定投資這家公司，很可能會繼續增長，你的投資。

Secondly, its a great company, but the stock price is undervalued regardless of the reason.

其次，它是一家偉大的公司，但無論什麼原因，股價都被低估了。

Maybe it received some negative press recently due to some minor issues, but the stock will

也許它最近因為一些小問題收到了一些負面新聞，但股票將

definitely rise back to its true value.   Thirdly, the company isn't making money

肯定會漲回它的真實價值。   第三，公司不賺錢了

now, let's say its a start-up, but it has great potential. It might be a brand new industry,

現在，讓我們說它是一個創業公司，但它有很大的潛力。它可能是一個全新的行業。

or they are developing breakthrough technology, and in the long run, they could be making

或者他們正在開發突破性的技術，而從長遠來看，他們可能會使。

But to invest in such a company, you need to have a deep understanding of that industry

但要投資這樣的公司，你需要對這個行業有深刻的理解

and the business overall. You can't simply choose a company based on how cool its name

和企業整體。你不能簡單地根據公司名稱的酷炫程度來選擇一個公司

sounds and hope that it will grow.  Can you get lucky? Maybe, but that hope

聲音，希望它能成長。  你能走運嗎？也許吧，但這個希望

is not a strategy. So invest only in companies you understand.

不是一種策略。所以只投資你瞭解的公司。

2. secondly, Time is more valuable than money

The problem with investing is that, if you want to earn a reasonable amount, you have

投資的問題是，如果你想賺取一個合理的金額，你就必須

to invest quite a sum of money. Your thousand dollars will earn you 80 bucks at best annually,

要投資相當多的錢。你的一千塊錢，每年最多能賺80塊錢。

assuming an 8 percent rate of return. But if you invest 1 million dollars, with the

假設回報率為8%。但如果你投資100萬美金，用。

same rate of return, you would be making 80 thousand dollars, which can provide you with

同樣的回報率，你將會賺到8萬元，這可以為你提供。

a good quality of living. But earning that million dollars is the problematic

一個良好的生活品質。但是，賺取這一百萬美元才是問題所在。

part. You can't save all of your paychecks. You have to put food on the table and keep

部分。你不能把所有的工資都存起來。你必須把食物放在桌子上，並保持

And that's where the magic of compound interest comes into the picture. Even with as little

而這就是複利的神奇之處。即使只有很少的

as a few thousand dollars, you can reach to millions if you take advantage out of time.

作為幾千元，如果你把握好時間，可以達到上百萬元。

Let's say you just graduated from high school and you have saved 2000 dollars from the pocket

比方說，你剛高中畢業，你從口袋裡存了2000元錢。

money you have been given in the last few years. That's a lot of money of course, but

你在過去幾年中得到的錢。這當然是一筆很大的錢，但是。

not that much, you decide to invest it.  You enroll in college and get a part-time

沒有那麼多，你決定投資它。  你考上了大學，得到了一份兼職

job, but you decide to live frugally and invest another 200 bucks every month by saving up

的工作，但你決定節儉生活，每月再投資200元，通過存錢

a bit on unnecessary expenses such as Starbucks coffees.

在星巴克咖啡等不必要的開支上有點。

At first glance, it seems like you can't save that much, and you are right. Even if

乍一看，好像存不了那麼多錢，你說的沒錯。即使是...

you increase your savings with the rate of inflation (3 percent), you will save $182,969.48

如果您按通貨膨脹率（3%）增加儲蓄，您將節省182,969.48美元。

over the course of 40 years.  But because you have been investing it and

在40年的時間裡。  但是，因為你一直在投資它和

reinvesting the interest and not merely saving it, it turns to 1.6 million dollars ($1,607,320).

將利息再投資，而不僅僅是儲蓄，就變成了160萬美元（1,607,320美元）。

In fact, in the first 20 years, you won't cross 200K, but in the last 20 years, you

其實，前20年，你不會突破20萬，但後20年，你就會

will earn 1.4 million dollars. why?  Because of - time.

將賺取140萬美元，為什麼？  因為--時間。

Of course, no one wants to wait 40 years before they can turn millionaires, but the

當然，沒有人願意等40年後才能變成百萬富翁，但。

message is, the earlier you start, the bigger the advantage you would have.

資訊是，越早開始，你的優勢就越大。

3. thirdly, Buy When There's Blood in the Streets

3.第三，購買《當街頭有血跡》。

Baron Rothschild, an 18th-century British nobleman and member of the Rothschild banking

family, once said: "the time to buy is when there's blood in the streets."

家庭，曾經說過，"買的時候是在街上有血的時候。"當街上有血跡的時候才是買入的時候。"

This rule does not only applies to the stock market but to any kind of investment. Because

這個規則不僅適用於股市，而且適用於任何一種投資。因為

humans are too emotional and are driven by their feelings.

人類太過感性，被感情所驅使。

Instead of making rational decisions that are based on data and facts, most people would

大多數人不會根據數據和事實做出理性的決定，而是會

go with their guts.  For instance, a bank would go bankrupt.

隨他們的膽子走。  比如，一家銀行會破產。

All the people who kept their savings in that bank would lose their savings, other people

所有把存款存在銀行的人都會失去他們的存款，其他人

would see that and would rush to their banks to withdraw all of their savings being afraid

會看到這一點，並會趕到他們的銀行提取所有的儲蓄，害怕

that their bank might go bankrupt as well, but because everyone has withdrawn their savings,

他們的銀行可能也會破產，但因為大家都取走了自己的存款。

the bank goes bankrupt, and that will push other people to do the same slowly bankrupting

銀行破產，那就會推動其他人也慢慢破產

every bank in the country and crushing the entire economy.

國家的每家銀行，並粉碎整個經濟。

The panic destroyed the entire economy, but that's just in theory, in practice, well-established

恐慌摧毀了整個經濟，但這只是在理論上，在實踐中，成熟的

companies or banks survive such panics but lose a lot of their value.

公司或銀行在這樣的恐慌中生存下來，但卻損失慘重。

In times like ours, the uncertainty has created a panic in the market, which led a

在我們這樣的時代，不確定性造成了市場的恐慌，這導致了

lot of investors to sell their investments and scared off other investors from buying

很多投資者賣出他們的投資，嚇跑了其他投資者的購買。

which resulted in a significant crash in the market. However, once the panic fades away,

導致市場大幅崩盤。然而，一旦恐慌情緒消退。

businesses will get back to normal, and all of these companies will gain back their value.

企業將恢復正常，這些企業都將獲得價值的恢復。

That's why when there is chaos or panic in the street, that's the best time to invest

所以當街上出現混亂或恐慌的時候，才是投資的最佳時機。

since a lot of great companies would be undervalued.

因為很多優秀的公司會被低估。

4. Next, Don't let greed destroy you In 2003, Warren Buffet invested 488 million

4.其次，別讓貪婪毀了你 2003年，巴菲特投資了4.88億元

dollars in PetroChina at around a US$37 billion valuation. At that time, it didn't seem like

美元，以約370億美元的估值入股中石油。在當時看來，這並不像

a good investment. A couple of years later, oil prices have soared, and china's economy

是一項不錯的投資。幾年後，油價飆升，中國經濟的

wasn't showing any signs of slowing down, and with a series of good fundamental earnings

並沒有任何放緩的跡象，而且隨著一系列基本面的良好收益。

reports, PetroChina's stock jumped significantly to the point where Petro China crossed a trillion-dollar

報道，中石油的股票大幅上漲，以至於中石油突破了萬億的

valuation.  Buffett could have made 13 billion dollars

估值。  巴菲特可以賺130億美元

out of this deal, but as the company reached a valuation of around 300 billion dollars,

出這筆交易，但由於公司估值達到3000億美元左右。

Buffett sold his entire stake and made only 3.5 billion dollars.

巴菲特賣掉了全部股份，只賺了35億美元。

The lesson is, don't be too greedy because your greed can end up losing you more money

教訓是，不要太貪婪，因為你的貪婪最終會讓你損失更多的錢財

than you could possibly earn.   He could have waited longer, but how could

比你可能賺到的還要多。   他本可以等得更久，但怎麼可能...

he possibly know when it will crash. Petrochina is now trading at a 150 billion dollar valuation.

他可能知道什麼時候會崩盤。中石油現在的估值是1500億美金。

5.第5條，分散投資是無稽之談。

How many stocks should you own on average? What do you think?

你平均應該持有多少隻股票？你怎麼看？

Some people say 10, other experts suggest 20 to 30 in order to diversify your portfolio

有些人說10個，其他專家建議20到30個，以使您的投資組合多樣化。

But here is the question. Let's say you have a great company in front of you, it has

但這裡有一個問題。假設你面前有一家偉大的公司，它有

great products, its financial statements are strong, the company has an excellent management

偉大的產品，它的財務報表是強大的，公司有一個優秀的管理。

and leadership. The question is, why would you invest in any

和領導力。問題是，你為什麼要投資於任何一個。

other company if you have the opportunity to invest in this company.

其他公司，如果你有機會投資這家公司。

And that's why diversification isn't really a great strategy.

這也是為什麼分散投資並不是一個真正的好策略。

But you might say, there aren't many such companies. Fair enough, you are right!

但你可能會說，這樣的公司不多。很公平，你是對的!

That's why you should only invest in a few great companies.

這就是為什麼你只應該投資於少數優秀的公司。

So how many stocks should you own? As fewer as possible! With each extra stock

那麼，你應該擁有多少隻股票呢?越少越好!每多持有一隻股票

you buy, you have to spend extra time and resources to follow it, read it's financial

你買了，你就得花額外的時間和資源去關注它，讀懂它的財務。

statements, and make a financial analysis.

Of course, you should not put all of your eggs in one basket, but you also shouldn't

當然，你不應該把所有的雞蛋放在一個籃子裡，但你也不應該把所有的雞蛋放在一個籃子裡。

invest in more and more companies just for the sake of diversification.

投資于越來越多的公司，只是為了分散投資。

There are some great companies out there in the market that have consistently been doing

市場上有一些優秀的公司，一直在做的是

great, such as coca-cola, apple, Berkshire Hathaway. Because they are such great companies,

偉大，如可口可樂、蘋果、伯克希爾-哈撒韋。因為他們是這樣偉大的公司。

they will definitely survive any crises and would continue to grow.

他們一定會在任何危機中倖存下來，並會繼續發展。

Each of these companies has at least doubled its stock price since the last recession.

自上次經濟衰退以來，這些公司的股價都至少翻了一番。