저자: 미상 · 외국인
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워런 버핏과 피터 린치의 투자 전략 유사점 6가지를 정리한 교육 영상이다. 결론: 두 투자자는 장기 관점, 시장 공포 무시, 역량 범위 내 투자, 주주(파트너) 관점, 핫 스톡 회피, 저평가 매수를 공통 원칙으로 삼았다. 1) 장기 투자와 인내: 린치는 투자 후 3~4년간 이익을 기대하지 않는다고 했고, 버핏은 주가 일간 등락에 신경 쓰지 말라고 조언한다. 인내는 쓰지만 결실은 달다는 식의 비유를 사용한다. 린치의 사례로 Flying Tiger Airlines 주식을 주당 8달러에 100주 매수해 80달러까지 올라 10배 수익을 냈다고 소개한다. 2) 시장 공포 무시: 두 사람 모두 시장 패닉에 휩쓸리지 않고, 주가가 떨어지면 오히려 더 싸게 매수한다. 3) 역량 범위(Circle of Competence) 투자: 월가 전문가가 아니라 자신이 이해하는 기업과 산업에 투자할 때 우위가 생긴다고 강조한다. 4) 사업의 동업자 관점: CEO의 인품, 사업 구조의 타당성, 자본 배분을 점검해야 한다. 다각화(diversification)라는 용어는 린치가 만들었다고 설명하며, 스프린트의 2005년 넥스텔 인수 실패 사례(인수가 350억 달러, 이후 주가 50% 이상 하락)를 예로 든다. 5) 핫 스톡 회피: 튤립 버블(1637), 닷컴 버블 등을 예로 들어 근거 없이 급등한 종목은 급락하기 쉽다고 경고한다. 닷컴 붕괴로 한 사람이 약 700억 달러(현재 가치 920억 달러 환산) 손실을 봤다는 언급도 있다. 6) 적정 가격과 적정 시점: 과대평가된 고점에 매수하면 원금 회복에 25년이 걸릴 수 있다. 린치 주장에 따르면 시장 타이밍을 재려다 장기적으로 얻는 이익은 30년 투자 대비 약 1%p에 그친다고 한다. 따라서 기업의 내재가치 파악이 핵심이다. 결론: 장기적으로 시장의 양극단을 무시하고, 동업자처럼 역량 있는 분야에 지식을 갖추고 투자하며, 투기를 피하고 내재가치를 알아야 한다. 리스크: 특정 종목 매수·매도 권유는 없으며, 교육 목적의 일반 원칙 설명이다. 채널의 내재가치 계산기 홍보가 포함되어 있다.
다듬은 글
mr. Warren Buffett and Peter Lynch similarity investing approaches hello to all investors greeting from our team at value snip com do you know who Peter Lynch's most of us know mr. Warren Buffett aka the Oracle of Omaha but some of us might not know mr. Lynch we will take a quick introduction for those that don't mr.
Lynch is an American investor managing two large investment firms Magellan fund and fidelity during his reign in the investment world Peter Lynch not only grew the assets under his management from 18 million to 14 billion dollars at Magellan fund but he is also an author of a few well-known investment books such as one up on Wall Street mr.
Lynch average annual return of 29.2% beating the S&P 500 and index funds making him one of the best investors of all time as a little boy mr. Lynch was devastated by the death of his father at age 10 he knows soon that he has to help his mother to be the breadwinner of the family he took a job as caddying at the age of 11 and was fascinated to hear investors talk about the stock market during his young adult years mr.
Lynch manages to save enough for 100 shares of Flying Tiger Airlines at $8 per share and the stocks later grew to $80 a 10 bagger he would call those tops from our research through dissecting mr. Lynch's books and mr. warren buffett's investment advices we found many similarities between these two incredible investors number one both of them are in it for the long term with extreme discipline in the art of patient as Aristotle once said patient is bitter but the fruit is sweet and this holds very true when you know what you were doing in the stock market in mr.
Lynch's book one up on Wall Street he mentioned that he doesn't expect any profit three to four years after his investment and mr. Horne Buffett does not care if the stock moves up or down on a daily basis and he advises other investors not to as well number two both of them have the character to ignore the moral panic in the market to not panic in this bipolar market both mr.
Buffett and mr. Lynch conducted extreme researches in a particular business before they invest they love it when the stock they invested falls to a lower price they would buy more for a cheaper while other investors are panicking and selling off their shares number three they both invested within their circle of competent your investors edge is not something you get from Wall Street experts it's something you already have you can outperform the experts if you use your edge by investing in companies or industries you'll already understand Peter Lynch stay investing in your circle of competence Warren Buffett number four they both invest as if they are partner in the business and not like a stock borrower mentality investing as a partner of the business one would first question the company's CEO is this a type of person I would like to do business with or is he or she a character that I want to stay far away from does the fundamental story of the business make sense or are they just another public company that is trading on the stock market exchange are they going to bleed away my hard-earned money on unnecessary researches or developments are they going to diversification with my money diversification was coined by Peter Lynch when a company allocates capital to buy other businesses that went horribly wrong financially for example sprint acquired Nextel in 2005 for a whopping thirty five billion dollars in today's money it will be worth roughly forty five billion dollars sprint was heading in the direction of trouble during this period losing their grip on their customers and believe this acquisition can bring more customers and provide better service to their customers they were heading for doomsday after the acquisition of Nextel from many reasons sprint network and Nextel does not align and they failed to synergize the two companies together as one the work environment between the two companies was very different Sprint has corporate nine-to-five mentality while Nextel has the entrepreneur spirit working environment the two management's from both companies clashes and productivity grind to a halt sprint ultimately wrote down Nextel accusation as a big loss and spread stock price fell more than fifty percent to what it was before the acquisition can the business earn me money or are they capable of producing goods and services that customers want at the end of the day being a partner of any business you would like to know everything about the business from the person that is helping you running the business to the management team and to the product or service than this business renders but most importantly can this business earn you money for many years to come well as for a stock borrower mentality you can't ignore all these facts jump in and out of the market let the institutions and tax deplete your hard-earned money away number five they both avoided hot stocks of the day and glue to their fundamental investment values as we have seen from history a lot of hot stocks failed the first was the tulip crash of sixteen thirty seven to the.com bubble burst of the 21st century a lot of these hot stocks failed because they rose by greed with no support but just in as mr.
Lynch said it best hot stocks can go up fast usually out of sight of any known landmarks of value but since there's nothing but hope and thin air to support them they fall just as quickly mr. warren buffett's stuck to his fundamental investment strategy and values he did not invest in the internet booth he avoided the crash meanwhile many perish therefore following the fundamental principles of values investing is crucial to your portfolio and speculative investment will only bring your portfolio into deep financial trouble one person lost seventy billion dollars to the dot-com crash in today's money it would be a ninety two billion dollars loss if you are interested please subscribe to our Channel and check out that video or click the link below for that video number six find the right stock at the wrong price and at the wrong time will your portfolio Group both mr.
Warren and mr. Lynch will only buy if the company is undervalued or underappreciated did you know if you brought a stock at its highest peak without a logical sense for being that high can take you 25 years to make back your invested money however it's also fair for us to conclude that if you wait to time the market in a long term perspective according from mr.
Lynch you will only gain roughly 1 percent more than the person that invested in the market for a period of 30 years even if that person was so unlucky and invested at the peak of the market therefore knowing the intrinsic value of a company is the final crucial steps to any investor in conclusions in it for the long-term perspective ignore the bipolar market invest like you're part owner of the business invest with competent and invest with knowledge don't be speculative know the intrinsic value of the stock please watch our video on intrinsic value from our channel for more information or check out value snip com for free intrinsic value calculators
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