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植耀輝:股神投資建議分享
耀才證券研究部總監植耀輝稱,特朗普正式就任美國總統初步所帶來之衝擊較想像中少,至少對中國徵收大額關稅之行動並未兌現;不過根據上一屆任期之經驗,特朗普出招基本上「無路捉」;由於下週本地有長假期因素,聯儲局亦會於年初二(30日)公佈議息結果,另外大型科技股如微軟(MSFT.US)、Meta(META.US)及蘋果(AAPL.US)等亦將於下週陸續公佈季績。外圍市況或會相當波動,美股投資者自然要「金睛火眼」留意當地最新形勢,至於本地投資則由於短期變數不少,建議還是靜觀其變會較好。 由於筆者較早前已跟大家分享了2025年之推介,今日(24日)亦不再重複;不過近期再次拜讀了一些有關股神投資心得及建議,部分亦值得與大家分享,以此作爲龍年總結似乎更有意思。 1)投資要有耐性 相對於投機炒作,股神更鐘情於長線投資。其投資旗艦巴郡(Berkshire Hathaway)(BRK.A.US)之持股如可口可樂(KO.US)及美國運通(AXP.US)等便是當中是佼佼者。股神曾表示從不妄想立刻從股票市場賺錢,並總是假設買完股票後市場將休市五年;他亦認爲股市有一個機制,就是把錢從沒有耐心的人手中轉移到有耐心人手中。 2)減省不必要之開支 雖然已是千億富豪,不過股神的生活似乎並沒有太大改變,例如他一直使用20美元摺機,直到2020年他才更換iPhone 11;另據說他從來沒有在早餐上花費超過4美元。就連居住地亦沒有太講究,雖然本身持有不少豪宅或別墅,不過他仍然居住於65年前花費31,500美元購入位處奧馬哈之五房住宅。他曾笑言爲何自己「身家」能超過微軟Bill Gates,就是「因爲花得少」。 3)堅持自我學習 股神每天會把80%的時間用於閱讀和思考上。因爲他認爲人生中沒有任何一項投資會比「投資自己」更劃算。因爲他認爲智慧是唯一無法被人搶走的財富,既不會被偷走亦不會被課稅,完完全全屬於自己。有研究顯示,經常閱讀的人通常具備較強金融知識及判斷能力,有助於制定更佳之投資策略。 4)別人恐懼時貪婪 「在別人貪婪時恐懼,在別人恐懼時貪婪」這句股神經典名言大家一定聽過,不過大家又是否能做到呢?筆者自問亦未能達到此境界,皆因要做到「衆人皆醉我獨醒」此等冷靜相當困難;不過近年亦有一些得着,就是若見一些花了長時間研究及看好股份之股價出現震盪或有較深調整,基本上亦會不加思索進行增持─或者要做這一點,還是需要有足夠自信才行。 (筆者爲證監會持牌人,持有巴郡B股(BRK.B)股份)~
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