I-20 ye-Ticket Punch Card yeWarren Buffett

Inkqubo Yengqondo Yokunceda Abatyalomali Bakhe Bakhetheke ngakumbi Ukwakhiwa kwePortfolio

Ayikho imfihlelo yokuba utyalomali-mali-mali uWarren Buffett unomnye weengxelo zokugcina utyalo-mali kumlando. Ukususela ekuqaliseni ulwalamano oluncinci lwentsebenziswano eyayiyiinguqulelo zangaphambili zesikhwama samaphepha-mveliso kunye nolwabiwo- mali lwangasese ekwakheni i-old textile mill kwelinye leenkampani ezinkulu zelizwe, uBuffett kunye neqabane lakhe loshishino, uSihlalo weSihlalo uCharlie Munger, sele bathetha ngendlela abayenze ngayo imali yabo emininzi yamashishini amakhulu .

Ukuchithwa kwemivuzo Imithombo

Abazange bafune ukungafani ngenxa yezinto ezahlukeneyo nangona behlala bezama ukuhlukana kwemithombo yabo yengeniso . Kunoko, babonisa amanqanaba angapheliyo, ngamanye amaxesha bahlala kwiindawo ezinkulu zokugcina imali kwiiphothifoliyo zabo ixesha elide kude kubekho into ehlakaniphile eyaza ukuyithenga.

Eyona nto ibaluleke kakhulu kule mali-mali, njengesigxina kwi-Coca-Cola Inkampani okanye i-Wells Fargo neNkampani, bahleli kwi- balance sheet ngamashumi eminyaka, baxhamla amandla okuhlanganiswa kunye neerhafu ezichaseneyo . Xa bebuzwa ngesicwangciso sabo sokutyalomali, uBuffett udla ngokuba neengcezu ezincinci zeengcebiso azibekayo. Ezi ziquka:

• Ukugxininisa kwinqanaba lokukhusela phakathi kwentengo yokuthenga ohlawula ishishini kunye nexabiso langaphakathi lelo shishini liza kubaluleka kumthengi wangasese wangexesha elide njengoko kulinganiswa ngethamo lenani elikhoyo le-cash flows. Oku kuthetha ukuphepha izinto ezinjengobuchule okanye izibambiso zentengo . Ukuba ungathandabuzeki, balala isabelo sakho senkalo yenkampani -ngokufumana imali .

• Gwema ukusebenzisa i-large amount of average to buy a stocks or speculate in the capital markets. Ukuba uhlakaniphile, awuyidingi kwaye ukuba uyisimungulu kunokukulimaza.
• Yithenga kuphela izinto oziqondayo. (Umtyalo-mali oyingqungquthela uPeter Lynch uthi, " Faka imali kwizinto owaziyo .") Yiya kwiFom 10-K kunye nengxelo yonyaka .

• "I-KISS", okanye "Hlalani Kulula, Nesichukuphuku".
• Khangela imiqondiso ojongene nayo nolawulo lomninimzi .
• Gxi ninisa kwixesha elide. UWarren Buffett uthi kufuneka ulungele kakuhle ukuba imarike yemasheya ivalwe iminyaka emva kokuba ufumene ubunikazi kwishishini ngokuthenga isitokisi sayo, umxholo ukugxila kwingeniso enemveliso esebenzayo kwizinto eziqhelekileyo kunye nezihlawulelo ozifumanayo njengomnini nokuba ngaba awukwazi ukuthenga okanye ukuthengisa kwakhona ngeli xesha.

Ngaphandle kwalokhu, kukho into uWarren Buffett aphinda aphinda ayifumananga amaninzi kwi-press kodwa enzima kakhulu. Ekubeni ubuncinane kwiminyaka ye-1990, xa besetyelela abafundi beekholeji kunye nokunika iingcebiso malunga nokuba batyebi, uBuffett uye wathi, "Ndiyakwazi ukuphucula inhlalakahle yakho yezemali ngokukunika ithikithi eneemitha ezimashumi amabini kuphela ukuze ube neempompo ezingamashumi amabini - Umelela yonke imali ufanele uyenze ngexesha lokuphila. Kwaye xa uthe wabuhlungu ngekhadi, awukwazi ukwenza nayiphi na imali utyalo. Unokunyanzeliswa ukuba ulayishe into oye wayicinga ngayo. Ngoko wenze okungcono kakhulu. "

Ngoba? Kwabakho abatyali-mali bahlala bephonsa imali ngeenxa zonke njengokusabalalisa imbewu, besithi ngokwabo, "Ndiza kuphosa apha ncinane nibone ukuba kwenzekani." Kunoko, uBuffett ukhuthaza umgaqo-nkqubo wokufumana umhlaba ogqwesileyo kunye ocebileyo, ukutyala inani elikhulu lembewu kuwo, nokukhusela.

Lo mgaqo-nkqubo unokuzwakala ulula, kwaye kunjalo. Kwakhona kunokuguqula ubomi. ULon Simpson, omnye wabatyalo-mali abasemagqabini kwihlabathi kunye nentloko ye-portfolio ye-GEICO, ngokuthe kwathethwa ukuba le qhinga elithile le-Buffett lamnceda kakhulu kwirekodi yakhe yokuchotshoza imarike kwiminyaka emininzi.