Sei Warren Buffett naCharlie Munger Vakanga Vakarurama

Irrational Investor Behavior Inowedzera MuMusika Collapse

Kunopfuura gumi gumi apfuura, ndakanga ndichipinda musangano wevana vaSherkshire Hathaway uye chimwe chinhu chinoshamisa chevatengi vemari mabhiriyoni Warren Buffett naCharlie Munger vakati vakandirova sevasina kunaka. Paakabvunzwa kuti nei vakanga vasina hanya nekugovana nzira yavo yakabudirira yekugadzirisa mari, varume vaviri vakatsigira kuti vaitenda kuti ndiyo nzira yakarurama yekuzvibata pakuumba sarudzo iri nani, nekucherechedza kuti vanhu vakawanda havazoiti, chero zvavakataura panguva yematambudziko anotevera; kuti vazhinji vevanhu vavateereri vangave vasina hanya nezvavakadzidza uye vanoramba kuzvibata zvine musoro.

Kunyange zvazvo ndine ruremekedzo rukuru kune varume vose, ndakaona izvo zvinoshamisa kushungurudzika.

Makore gare gare, ndakazvionera ndoga kuti vakanga vakarurama sei. Sezvandakanyora musi waMarch 21st, 2009 apo Dow Jones Industrial Average yakanga yasvika pasi ichikutevera kuparara kwakaipisisa mumarudzi, "... tiri pano pakati pekukosha kwekugadzirisa mararamiro mumazera uye vamwe vanhu vane njere vari kufamba nenzira dzakadaro kusina musoro ini ndinenge ndava kuona kuti handishungurudzi kuvagadzirisa zvakare .. Mumwe wemhuri yangu yepedyo iye zvino anomanikidza kuva nematokisi, kana chaizvoizvo, mabhizinesi evanhu vose, haasi chinhu kunze kwekutamba. Mupfungwa dzake, zvisinei, kushanda kwekambani iyoyo Haisi mungozi Kukundikana kwemafungiro kunofanira kuve pachena asi pane chimwe chikonzero, vanhu vazhinji vanogona kunge vane kunyengera kwebasa rekuchengeteka (uye ichinyengeri, pfungwa iwe) panzvimbo pekuchengeteka kwekutonga zvadzo pachavo nokuti izvo zvinotevera zvinoda iyo simba rekucherechedza mararamiro emasitendi pane bhadha rako rekushandura kunochinja. "

Somumwe munhu akafamba nerwendo rwekuvaka upfumi kubva pakutanga, regai nditaure: Nzira yekukura mumatare ako akakosha haingakwanisi kuva akachengetedza, nyore kutasva kumusoro sechikwata chekuwedzera. Pane kudaro, zvinowanzoitika kuti zvichauya zvakananga uye zvinotanga, uye kwenguva refu pakati pekunge munhu akachenjera achishandisa nguva yake achidzidza, kuverenga, uye kuunganidza zvinhu kuti atore mikana yemikana inoratidzika pachena.

Ndicho chikonzero ndakanga ndakasimba zvikuru muchidimbu ichochete apo ndakati, "Kune ropa rinoshandiswa mumigwagwa iye zvino nevaya vane zvigadziro, ushingi, uye chido chokushandisa zvakanyanya kutengeswa kwemoto pamabhizimisi emakore akapfuura hafu yezana remakore vanozviwanira ivo pachavo vachigadzirisa makore gumi kubva ikozvino.Zvino, apo vanhu vanotanga kusvetuka pamusika wekutengeswa kana pakuisa njodzi, ndinozviona ndiri grimacing uye ndichifamba kure, ndichinzwa zvakaipa nokuti vanotenda zvechokwadi kuti vari kuita rationally. kumashure, achishamisika kuti nei [vamwe] vachiunganidza pfuma. "

Yange yava makore anenge manomwe. Sezvakaitwa nguva dzose kare, nhoroondo yakanga isiri yakasiyana. Pasinei nekutya kose, avo vakaramba vachiita mabhizinesi avo akanaka, vakawanazve zvikwereti , uye vakaramba vachiwana zvakawanda kuburikidza nemaelstrom vakaita mari yakawanda. Vashandi vezvivako vepfuma vanogona kukwanisa kugadzirisa dzimba dzakagara dzichifara.

Zvinofadza kuti vanhu vakafanana vaive vachichera pasi pasi vakadzoserwa zvakare mukutevera iyo yakareba yakawanda mumakambani mumakore ose enyika. Ndakateerera kune vatengesi vanopikisa 100% kuenzana kwekugoverwa kwepamusoro kwekutengeswa kwematengo. Ndinowanzoona vanhu vachikumbira kana vachifanira kutora chikwereti chechikwereti chevadzidzi kuti vashandise mumusika.

Pazvikwata zvakawanda zvemari, ndakatotanga kuona vanhu vachitsoropodza vamwe nekuda kwekuchengetedzwa kwemari yakawanda yemari, "Iwe uri kurasikirwa nekugadzirisa!" vanotaura nekukurumidzira.

Ndizvo zvakafanana kuzviisa pachako kutamba kunze, zvakare. Misika yacho ichaparara pane imwe nguva - inogara ichiita, iyo ndiyo inyanzvi yekushandiswa kwekutsvaga - uye zvimwe vanhu vakachenjera vachabvisa zvigaro zvavo zvinoshamisa mune kunyange kambani yakasimba; saizvozvi, Johnson & Johnson, iro rimwe remakambani mana chete muS & P 500 yose neAAA rating pazvisungo zvayo zvehutano , zvichiratidza simba rehutano hwemari .

Izvi zvisati zvaitika, yeuka zvandiri kuda kukuudza: Kuita mari kubva pamapatotipu yako hakusi nyore. Kune vashomanana venyu vanoshuva kuva vanozvipira mari , funga zvinhu zvinotevera:

• Gadzira chikwereti chakakwana . Iri ndiro danho rekutanga uye rinokosha kuitira kuti iwe unofanira kutora nguva yekuverenga nyaya inotevera iri kutevera hukama.
• Shandisa mufananidzo weBerkshire Hathaway nekushambadzira kwete zvisizvo zvako chete asi mishonga yako inoshingaira uye isingasviki . Izvi zvichaita kuti iwe ugone kupona nhamo dzemari nokuti iwe hauna kuvimba nebasa rimwe chete kana kuti mari inowanikwa.
• Ramba uchitsvaka kukosha asi uite chete muzvinhu zvaunoziva , kunzwisisa, uye zvinogona kutsanangurira vana vako. Mune mhaka yangu, ndinogona kunzwisisa kushandiswa kwekuchinja mari yekuderedza uye mafungiro ekudzoka kwepenheni pane zvakataurwa zvinowanikwa nematare emakambani anotengeswa pachena. Iwe zvichida haugone. Izvozvo hazvifaniri kukudzivisa nokuti iwe unogona kunge wakanyatsonzwisisa pane imwe nzvimbo. Funga pamusoro pevanhu vainzwisisa zvingangodaro zvemafoni muUnited States uye vakatenga nzvimbo yakareba kwemazana mashomanana emadhora, gare gare vachitengesa iyo makumi makumi ezviuru kana mazana emamiriyoni kumakambani ekuterevhizheni! Nhaka yako yepamusoro ndiyo nheyo yako yekuziva - yakasiyana uye iwe unofanirwa kushandisa nayo.