저자: BrunoSeveros · 외국인
요약 보기
결론: 피터 린치의 책 '피터 린치의 투자법'은 쉬운 문장으로 쓰였고, 기본적 분석에 따라 자신이 이해하는 기업의 주식을 사야 한다는 교훈을 준다. 책의 성격: 펀드매니저 피터 린치가 다우지수를 오랜 기간 웃돈 수익을 낸 과정을 회고하는 내용이다. 매수 과정, 성공 사례, 실패와 매도 사례를 함께 다룬다. 핵심 사례: 모텔 체인 주식을 직접 방문해 확인하고 재무제표를 점검한 뒤 매수해 10~20배 상승했다. 자동차 관련 회복 기업 주식도 5~10배 올랐다. 장례 서비스 기업 주식은 전국 지점을 보고 판단해 10~30배 올랐다. 투자 원칙: 추천이나 유행으로 사지 말고, 직접 조사해 기업을 설명할 수 있어야 한다. 5살 아이에게 설명할 수 있을 정도로 이해해야 한다. 지루한 기업이 돈을 많이 번다. 작은 기업 주식이 더 크게 오를 여지가 있다. 옵션 매수는 비판적으로 봤다. 포트폴리오: 약 1,400개 종목에 분산하며, 종목당 자산의 약 1%를 배분하는 방식을 소개했다. 블루칩, 성장주, 회복주로 구분한다. 발언자 평가: 화자는 이 책이 장기 투자 관점을 키워 준다고 평가하고, 스윙 트레이딩을 하는 사람에게도 추천한다. 특정 종목에 대한 매수·매도 추천은 없다. 한국 종목 언급은 없으며 Itaú, Petrobras, 중국 정부 관련 언급 없이 일반론만 다뤘다. 리스크·조건: 자막상 일부 종목명 오인식 가능성이 있다. 회고 사례 위주이며 현재 시장 전망은 없다.
다듬은 글
Hey my friends, what's up? In this video I'm going to review the book "The Peter Lynch Way of Investing." So, before I say anything about it, this book has very, very accessible language. So, even someone who knows nothing about investing can understand what Peter Lynch is saying in the book. It's a very, very good book; it exceeded all my expectations.
I thought it would be a very boring book with difficult language, but it wasn't. The book is about nothing more and nothing less than the story of this fund manager, Peter Lynch, who is a fund manager from the United States, and he tells how he managed to outperform the Dow Jones index for many years.
He tells his story of buying and investing. He tells the story of how he did well with various stocks and also recounts embarrassing situations. This book, as I told you, surprised me at times, and it made me think beyond expectations. I think the main lesson of this book was to say that anyone can find a stock that will appreciate.
So, he says, look, individual investors have an advantage... Regarding the people who work there, the same 20, because she knows exactly what happens in practice, he says that you can figure out when a company is doing well and when a company is doing badly. However, he also makes a point that you can't just buy a stock because you're eating at McDonald's or having coffee at Starbucks.
He says that you're at home checking the balance sheets of companies within the P&P, checking if the company is really doing well. But the first step to doing well in the stock market, in the view of the link, is that you can verify where a company has a very high possibility of doing well in the market.
He recounts several situations where he bought stocks that appreciated 10, 20, 30 times. He tells a situation in this book where he managed to buy a share of a motel. He said, "Look, this motel is very interesting." He went to the motel, spent three days there, and saw that this motel was really much better than the Holiday Inn at the time.
This is the first version of his book, written in... In 1989, he realized, "Wow, this motel is really good." His first lesson was, " Hi, how are you?" So he started checking the balance sheets of this company here, and he saw that it was really good, and he started buying the shares. And indeed, the company appreciated more than 10 or 20 times.
He also recounts a very interesting situation with the stock he bought, the health insurance company. He bought, that's Crisley, that car stock. He bought a car stock—pay attention to the crisis—the name of the car, and that stock at the time he bought it was in recovery. And it kind of doubled, multiplied five or ten times.
So he says that you can get rich buying small stocks, that you can see a great possibility of it giving a very good future return, and you can become a partner. Pira Link's vision is nothing more than a fundamentalist vision: you have to buy shares of companies that are growing to profit very well. And he talks a lot about equity, talks about his history with this fund.
He also recounted several situations where he bought shares and it didn't work out, he had to sell. So, that's the summary. What I'm going to tell you is that this book introduced me to a new way of verifying investments. It says that you have to buy a stock, but you have to know the stock well, and especially something that really struck me is that you have to buy a stock and be able to explain why you bought it.
So, I myself say that I have some stocks in my long-term investment portfolio that I don't even know what they do. So, this book says that you have to buy a stock and you have to be absolutely sure you could tell a 5-year-old why you bought it. This book explains exactly why you bought it. It says something like, " I bought this stock because...
and this is its market... it has a very strong tendency to grow in the next five or ten years." So this book will be very important in my life because, precisely from it, I will start to verify more thoroughly why I have these shares of my company, and not just because of recommendations. It says that it's not a good idea to buy stocks based on recommendations, and you have to do...
Your homework... I, and so, personally, agree with him because sometimes we 're too lazy to just receive information that people who work in the stock market pass on to us. That's not good; we don't even do our job, our initial job of verifying if it's really a good stock. So, it's a book that will greatly enrich my life and that really teaches a phenomenal lesson: that we have to buy stocks that we know.
He says, " The boring stocks are the ones that generate the most money." For example, the story of the stock he bought of a company that works with funeral services, right? So, when people die, they go to the land where they hold wakes, and this stock, for me, was the best stock because I saw that the stock of this company was there.
But when he bought it, he saw that every state in the United States had a headquarters of this company. He looked at it and said, "Something's wrong if all the states have this company, why don't I have it in my portfolio?" And he went there, and as usual, first, and did the work of... He checked if it was really a stock with good fundamentals, and he went ahead and bought it, and that stock multiplied by 10, 20, and 30 times.
He mentions a term in the book that I find interesting, which is "bager." In other words, Sandra will multiply tenfold, right? And he also says something interesting: he has over 1000 stocks in his portfolio, 1400 stocks from various companies. He says that about twenty percent of his stocks are those called blue chips, and he divides them into growth stocks and stocks that could give him a very significant return.
So, of those 1400, he says that he distributes about a thousand shares, and that's one percent. He distributes those half-shares, one percent, among them. That is, if he has, say, 100,000 reais invested, he takes R$1,000 and starts buying a thousand reais worth of a small stock, R$1,000 worth of a small stock, and that's how he'll see that those thousand reais will multiply.
So he doesn't put all of them... His eggs in the same basket is very interesting. Sometimes we put all our bets on a single stock, and that shouldn't be the case. The perspective of asking for the link... Oh no, it's no wonder he has 1,400 donations, right? It's very good that it will add to my long-term investment vision.
He's very critical of options buying because he says we can't verify the progress, so we can't predict the future. He has a very fundamentalist view and kind of like " worth investing," which is nothing more than buying shares of good companies when they are low, right? So it's very interesting, it will be a big part of my life.
I recommend this reading because it 's a simple read, a read that will add value, and people who do swing trading, like me, also need to have this understanding, a long- term vision. You have to buy shares of small companies, that's what he says, buying shares of small companies, and of course, much more than shares of large companies, for example, like Itaú, you know?
I don't know, Petrobras, it will multiply if it's at 23 and starts to cost... R$40 is more difficult; it goes from 20 to 40. He says it 's easier for a cheap stock to multiply more and more and more and more times, right? So, very interesting. He talks about the divisions he has in his portfolio, which he calls Blue chips, growth stocks, recovery stocks.
For example, Crisley, if I'm not mistaken, that's the name of the company, which Fiat was researching until recently. He says he bought that stock and it multiplied more than 10 times because at the time it was a stock in recovery. Here in Brazil, we say judicial recovery, right? Where the company is going through difficulties.
Currently, we have Aoi BR, which is in judicial recovery. But I warn you, acquire the link. Besides having a promising business, you have to do your homework. In Benjamin Grana's book, he criticizes Pier Link, saying that you can't just buy one to compete. Why are you having coffee there? He makes a very interesting point at the beginning of the book, including that you have to do your homework, not just that you are...
The syllable watching in your car, not at the Shell station where you're going to buy, he says you have to do your homework, and especially the first step to buying a stock is understanding it, so you'll add a lot to my life and I really recommend it to you guys, okay? Thanks, we're in this together.
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