저자: 미상 · 외국인
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워런 버핏의 투자 철학을 정리한 영상. 14세 5천달러 투자 시작, 30세 100만달러, 56세 10억달러, 94세 현재 약 1,560억달러 등 복리 효과를 강조. 장기투자와 규율 있는 투자계획 준수를 강조하고, 대출 레버리지 투자는 위험하다고 경고. 이해 가능한 지루한 사업, 가격결정력, 경영진 품질, 내재가치 대비 저평가 기업 선별, 변동성을 기회로 활용하는 원칙 제시. 특정 종목이나 시장 방향에 대한 예측은 없음.
다듬은 글
Greetings, today we are going to talk about what we can learn from Warren Buffett's investment philosophy. I have read many of Warren Buffett's books. I recently read a book. One of the methods of that book is to put some of the quotes he said and then see what we can understand from them. So, leaving that aside, I'm going to talk about about ninety things that I liked in this video.
So, the first few things are about his discipline. First, I'll talk about about three things about what discipline he uses when he invests. Then, the next six things are about what he usually selects when he selects a company. So, let's get started. So, we're going to talk about ninety things about Warren Buffett's investments, lessons, distance to invest .
So the first thing we're going to talk about is long-term investment, if we're looking at his entire life. So, what we can learn from Baron Buffer's life is that long-term investing is a must . So the first thing is that he started his long-term investment at the age of 14 with $5,000. So he had a long time to start investing.
He started at the age of 14. Now the next thing is that when he was 30, he reached one million. This investment reached one million when he was 30, and after that, it reached one billion. He is a billionaire. Now we all know that he is one of the richest people in the world and is now 94 94 94 years old.
So, when he was 56 years old, it became one billion. All this was said in US dollars. Now, he is 94 years old. Now, if we say that he has one billion, 156 billion, 158 billion, this is his record. So, if we only look at this data, we can understand his long- term investing ability. So, it took him about 16 years to become a millionaire after first investing, and now when we say that it took 15 years to become a millionaire, it is a joke to everyone.
But what we see here is a movement that has passed. Starting at the age of 30, it took 26 years to go from one million to one billion, dollar for dollar, to become a billionaire. And then, from the age of 56, which is usually the time when we all retire . That's where the real gear shift happened. And now, at the age of 94, he is still healthy and doing well, with God's help .
So he arrived as a man with a fortune of 156 billion. So in this statement itself, we can understand what compound interest is because it moves slowly from here to here. But haven't you seen the movement here? It's grown 186 times here. This is one of the most important things in all of our lives, especially when we invest in the long term.
It means taking care of our health and happiness. Because if that's the case, then it's possible to live until the age of 94 . So, what we often think about is that as soon as we retire, we'll be done with it . Or be healthy and be happy. That will most likely increase our life span. I wish we could live together for a year .
Similarly, many people have said that we should stop investing at the age of 60. How can we invest 50 paise in the stock market? Is it worth investing 60 paise in the stock market? 96-year-old Barron Buffett is still talking about long-term investment. So this is a big lesson, isn't it? First, this is enough.
The biggest lesson is that the second thing is disciplined investment. So we should have an investment plan and have a goal according to it. Put it in place and stick to it and invest. We should know exactly why we should invest. What is the point? We should not invest just by planning all this and seeing someone's tip and saying, " I want to get more returns." Sometimes it doesn't work, but we sometimes have a strategy that we invest in and a way that we invest in.
Sometimes it works in every market. We don't have to do it now, there will be underperformance. Sometimes we want companies, sometimes only good companies. We are only interested in this particular sector. Sometimes it doesn't have to grow in all markets. But if we have a plan, we can stick to the goal according to that plan and invest in it.
We can make investment returns in it. If we do not leave this discipline, we can make returns only if we stick to our investment plan and investment goal and invest. We can understand this clearly from the life of Barron Buffett. Similarly, Barron Buffett has said very clearly that we should not take loans and invest or invest with no loan leverage.
There is something that he said very jokingly in a court. His friend Charlie Munker said that there are three bones that should destroy our investment or our wealth creation. One of the things that should be destroyed is liquor. The second thing is ladies. I also say it with great respect. After that, leverage is this leverage.
If Warren Buffett said it for a rhyme and included these two things, it is not because they have hit the water and are doing wealth creation. In my ability and knowledge, I know many people who have created very good wealth by drinking liquor. Today, ladies are also creating well. If there are very positive ladies in our lives, they will definitely help grow their wealth too.
So these two things are not that important. But if this thing is called leverage or loan, it is very important. If we are taking it, our wealth creation will be bad. Now sometimes we say, Robert Robert Kozaki has said in Richaradi that you can take a loan and you can invest, and they really say If there are no such investors, if you look at some good Adani Ambani's balance sheet, there will be a lot of loans.
They are business managers. If we are taking loans for our individual wealth creation journey, what is the problem? We will have to keep paying interest regularly. Then a good part of our investment will go as interest. So after taking a home loan, by the end of 20 years, we will have to pay double the money.
Then where will the remaining money go to double the interest? Then our wealth creation will be destroyed there. So we always understand this. Now we take a loan and we invest in the stock market and save up. After taking the loan, we will have to keep paying interest regularly. But if we have said that the returns from the stock market have gone up and down, then we have to pay interest at the time when it has gone down.
We can't afford to pay, so this is enough to ruin our investment journey and make us completely lost. So be very careful when giving loans and understand all the aspects of the business and try not to have any personal debt. So these are the three things that really need to be managed. How to manage our money is what is rightly said for free.
This is a valid thing. If we can look at it in our lives, we can all create wealth well. Now, he has said a few things about how to select companies. So, one of the things he said that I like the most is that when we invest, we always invest in boring businesses . So invest in boring business, boring business, okay, so if we put it this way, sometimes we say what the current trend is and then go and invest in some business that we know nothing about, and we say artificial intelligence is the next world, and if not, then the energy sector is the next world .
So sometimes we go and invest in companies we don't know about. We can invest in businesses we don't understand. Will invest. So sometimes this may not be correct . But some businesses are very boring, like making food, banking, insurance, these are really boring businesses, but in the long run, it is very important because all this will have a relevance after the next 20 years.
That means that such businesses will survive and that such businesses will generate good profits for the stakeholders. So, after understanding such businesses, we should invest in them. If we understand the same thing, we should invest in your best idea. If we do not invest in other people's ideas, we should understand the business that we understand.
Now we have artificial intelligence. We do not know what that thing is. And then when we go and invest in it, we cannot understand which company and what its program is. It will affect our wealth creation in a terrible way. So, look at your portfolio and see which businesses those companies are investing in.
Do you understand that business and is it your best idea? If not, then stay out. This is what has been clearly stated. Then, to invest in the quality companies he mentioned . So, there is one thing he always has to look at: what is the intrinsic value of a company he owns? What is the current value of that company?
Is it trading below the current value of that company in the market? Understanding this, his innovation has corrected the numbers in the same way. If you say that the quality company you mentioned in your simple example is a company with a good sales record, then there is a chance of sales growth there.
At least a 10-year sales record. I'm trying to simplify it. There will be sales growth. Then there will be profit EPS growth. If it's a company that grows at 15% for 10 years, we can understand. This is a stable and quality company. So, I should look at this and not just this other buffet. I just said this as an example.
So, we should try to invest in a quality company that is currently trading in a market at a price lower than the actual value of the company we are buying. Don't just run and buy something just because someone gave you a tip. Then the next important thing is the quality of the promoter or management.
We need to understand that if we invest in a company with good management quality, which promoter is managing that company and what his other companies are like, it would be great if we could understand this and invest in it because especially in tough times, if we have a management that is very ethical and follows them, they will try their best to run the business in a good way.
So, the biggest advantage of always understanding the quality of management, who runs that company, what is its past history, what is its other group of companies, who is that promoter, and so on, is that we can always ensure that there are no unethical practices in that company. This will help us protect our money very well, our stakeholder value, and we can get a good market price from it.
This philosophy of Buffett says that the company we invest in should have pricing power. Now, at the time we are doing some business, other businesses can easily enter that business and then destroy that company quickly. If it is not like that, other people come and we sell at one price, at that time another competition comes and sells at a deep discount, and then they cannot compete for that price.
But they have a system. They can determine their pricing power . If so, they can make a profit from it . So, entry into that industry will be very low for them, and like other competitors, they will be able to price well above their cost. If that were the case, the profitability of this company would be tremendously high.
So, if we want to invest in such companies, we can make good money by taking advantage of the opportunities that we have. This is one of the things he said about choosing a company. Another important thing that has been said is that volatility, price fluctuations in our market, is something we should really take as a friend .
Because we have a good quality company near us, we don't do borrowing. We have found a good management company, a company with good pricing power, and the market is crashing at this time. So, there is a chance that the price of the company we have found will also crash. At that time, we should be able to invest more.
If so, we will get more of our shares and we can buy them at a lower price. This will allow us to create wealth in a good way during the market recovery. This is the simple philosophy of Baron Buffett. We can understand that we have a few things. Let's see if we have applied such principles to our investment.
If not, if we apply such principles and pick stocks and invest, we can create wealth in a good way in the long run. Similarly, the first and foremost lesson we have learned from another buff is how we can look at the health of a person to live to the age of 94 or 100. Similarly, if we try to invest early, we can accumulate compound interest .
I feel like the biggest lesson is this one, but even after you've looked at these nine things, you can understand them. I really hope that RB On puts me on the right track and that everyone can achieve wealth and prosperity in a good way . Do you have any comments about this? If you have any other favorite comment, please tell me in the comments.
I hope this will be a good point for our investment. We are ending today's video, believing that it will be the next video and we will see you again the next day. Thank you so much.
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