저자: PrinceDykes · 외국인
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찰리 멍거의 '종목을 적게 보유할수록 낫다'는 발언을 인용하며, 소수 종목 집중이 과도한 분산보다 유리하다는 결론을 제시한다. 멍거는 Daily Journal 2022 발언에서 좋은 투자 아이디어를 4개 정도만 찾아도 평균 이상이라고 언급하며, 버크셔·코스트코·중국주·Daily Journal 주식과 아파트 등을 보유했다고 소개한다. 진행자는 자신의 고객 포트폴리오 예시(구글, S&P500 지수, 석유, 은행주 등)를 들어 종목이 많을수록 일부 부진 종목이 전체 수익을 끌어내린다고 설명한다. 진행자는 코어-새틀라이트 전략을 소개하며 S&P500을 코어(약 50~60%)로 두고 섹터 초과수익 종목을 위성으로 보유하는 방식을 권한다. 진행자는 기술주가 여러 분야로 확산되어 대부분의 포트폴리오가 Apple, Amazon, Facebook, Google, Microsoft, Tesla 등 동일 기업에 노출되어 있다고 주장한다. 과도한 분산 대신 소수 우량 종목 집중이 좋다는 것이 영상의 핵심 메시지이며, 구체적 가격 목표나 방향성 예측은 제시되지 않았다.
다듬은 글
you get rid of the interest payments and the money supply goes up ladies and gentlemen right here less is better by charlie monger so in this episode i'm pulling up a clip that he was speaking in the daily journal 2022 that he does every year and a lot of people um something i learned over time um as you know with investing and things like that or whatever is the less you have in the portfolio the better so so many people go out and they try to get 50 000 stocks this many companies this you know i got 20 different companies out of my portfolio i own google amazon this this this real estate distance this this this this what makes the world of investing so hard i tell people you should not have more than five stocks in your investment and first we're going to take a look at charlie monk what he had to say about it about diversification and worstification and we're going to apply it i'm going to give commentary to it as well but ladies and gentlemen if you haven't done so already you know what time it is go ahead and make sure hit the subscribe button hit the bell icon hit that like comment and share button once again ladies and gentlemen the girl and shin of all ages you are now tuning into the best show as always this is your gracious host the prince of investing prince dice coming to you guys and girls live all the way from the beautiful city and state of denver colorado don't forget hit that like subscribe comment share button but as always i don't have a lot of time and i definitely you guys and girls don't have a lot of time so we're going to do what we're going to jump straight in to it so here we go ladies and gentlemen let's go ahead and play what charlie mother has to say here we go it seems like heaven so here we go when things get that seductive they're likely to be overused now listen to the question stephen tedder from atlanta writes in um he had similar concerns about inflation but he takes it a step shout out to becky quick becky quick over there at uh cnbc he's gonna be heading at the berkshire meeting this year very cool lady very cool lady um i actually had the chance to go to dinner with her um a couple years ago before cover so very cool chick so glad to see her so let's go here we go further he says how will this all play out and what's the best advice you have for individual investors to optimally deal with the negative impact of inflation other than owning quality equities well it may be that you have to choose the least bad of your a bunch of options that frequently happens in human decision making and the mongers have berkshire stock costco stock chinese stocks lilu uh a little bit of daily journal stock and a bunch of apartment houses do i think that's perfect no do i think it's okay yes i think the great lesson from the mongers is you don't need all this damn diversification that's plenty of you're lucky if you've got four good assets i think the finance professors and the sell the idea that perfect diversification is professional investment if you're trying to do better than average you're lucky if you have four things to buy and to ask for 20 is really asking for egg in your beer it's it's very few people get can have enough brains to get 20 good investments so there you go guys so he said hey you're doing good if you can get four he said if you can get four things right you're doing better than average so i think you're going to go out and have 20 you're crazy so let's take an example of a portfolio i manage you know i'm a professional investment advisor have my own registered investment advisor with client portfolios that i manage and stuff so let's take a one client for example they have um i think in their portfolio it is google um who else is in there google they have the s p 500 index they have um what's up in there they got google s p 500 index um they have oil and a bank stock right so guess what google is doing good google uh google is doing good um the oil is doing very well so far this year all has carried the portfolio then their google is doing pretty good and the s p 500 is doing okay the bank stock the financial industry right now sector is doing not so well so it's dragging down the entire portfolio so it's the thing uh and that's only four stocks in this particular portfolio but the thing of hey um it's only four stocks in there one big winner two are doing okay and one is kind of stinking up the place so even if i did pick something right even if you do pick something right you can have something else that can drag down your entire portfolio what if the entire portfolio was all in oil yes you would make more money but people would look at you and say man you're crazy all your money is in one place and it's diversification all the good stuff like that so the thing about it is even with four simple stocks in the portfolio is still outperforming the s p 500 with those four stocks but you got one bank stock in there that is pretty much tearing up a portfolio so he's saying they have 20 different he's 100 correct um it's something i always tell people in clients i'm like hey i don't like to own more than five stocks in the portfolio they're like what do you mean i want to have grocery stores i want to have food i want to have tesla i want to have this i want amazon i want google i want this i want that i want that i'm like hey that's good to have all that but it's your entire portfolio going to be able to move with all that type of information so let me see what y'all say in the comments al that's my guy always let me down what's going on al then we got my guy dark coming he says that makes sense better to have four really good stocks than to have over diversify your portfolio yes because when you're over diversified you have like four or five winners then you have you have four or five winners and you have like three that's taking the four or five winners down so you're almost spinning wheels so when you got 20 that means that you expected to have 20 all 20 right so it's hard to do that right and you got all the because my thing is my philosophy that i like to utilize is something called the core satellite i believe the court the core of the portfolio should be the s p 500 since we know most investors will not be the s p 500 and then you have a satellite to find different sectors of the market that can outperform what do you mean by that prince so hey i got the s p 500 that's 50 60 of my portfolio that's the core then the satellite goes out and finds sectors that are outperformed the market right now uh tests outperform the market oil right so you might dab into a little bit of oil right now and you may dabble into something that's very undervalued which is tech tech has been getting beat up for the last six seven eight months very bad so you may look at it and say hey let me get some tech let me get some oil and but i got the core of the s p 500 because as a professional advisor portfolio manager if you're not beating or matching the s p 500 you might as well just dump all your money into the s p 500.
if the s p 500 goes up four percent and your portfolio is only up one percent you better off then you're charging a one percent fee to be professionally managed you're better off just getting smp 500 forgetting about all of it which is the truth for a lot of people unless you want to get get into asset allocation what's going on dark dark come dark comment said if you and so sorry if they want all those stocks better to have the s p 500 yeah you're right when people list out hey when you get all these different investments i want to get this this this and this it's like you over diversify you already kind of got the exposure to this you already got the exposure to that let's state let's keep it slim because it's easier to it's like having a circle of friends if a secret gets out and you only have like three or four close friends you can narrow down where it came from right it's easier to control or even in business i learned having one maybe two business partners is great because y'all can get on the same page very easy but when you got like five six seven business partners it's very hard to even create a logo with five or six business partners i've been there hey we should use this color no this color oh timmy's out of town wait till sarah gets back so that's the way they look at it so he's better have a small narrow and his thing is hey all this diversification i got crypto current that's why he's saying it's harder for young people to get rich today because there's so many options one day you got crypto you got people doing airbnb you got people putting money here people put money there they got the crypto they got their house they're renting houses they're doing this they're doing this they got a franchise they got a business they got selling merchandise they got this it's so much going on that you end up spreading your money over a bunch of stuff you end up having some things do very well but the things that do very well are being killed by the things that are doing very bad versus to be able to say hey you know what i only want three things and just keep it that way that's my take on it max b that's my guy max b what's going on max b he said it's simple max b kept it simple he said quality over quantity right you don't need a big old portfolio that's something i learned over time i'm like man i have all these stocks and then i'm looking at the entire portfolio moving forward and you're like man that oil is doing great but my bank of america is doing crappy so i'm back to square one you get what i'm saying so it's harder to make 20 good picks but mr munger just pretty much said he was like man you're lucky to get four good picks somebody think they're gonna get 20 good picks you out of your mind so i want y'all to hear that you know who don't know who charlie monkey is charlie munger is the right-hand man uh warren buffett he's the vice president berkshire hathaway and all the good stuff like that so yeah let's see what young boy 24 saying y'all boy 24 what's going on thank you for checking in live so young boy 24 said two tech two index no stress i like that two texts two texts uh no index no stress that's a gym so um yeah that's a good way you can go there two texts and two two indexes why two indexes which two indexes now you could be over diversified which you saying two indexes smp500 and the nasdaq and two texts because if you got why would you get the nasdaq index when you already have two texts right and i'm gonna do another video to show that to show you guys and girls the market is not that that diversified as we think or believe we all pretty much own the same stocks i guarantee you everybody that's tuned in right now somewhere in their portfolio they have one of these companies apple amazon facebook google um microsoft and tesla when you look at market cap those are the biggest companies in this all in one industry it's all in tech tech is taking over the world everything is becoming tech insurance something as old as insurance technology is eating into insurance technology is definitely eating into health care technology is eating into manufacturing every aspect everybody needs software everybody's trying to do things faster everyday life even if you live up under a rock you're probably using some form of technology everybody got an apple watch our watches are completely digital now our phones are digital our laptops kids can't even go to school you know you gotta have a cell phone so tech is taking over the world so yeah that's why i just want to do a quick video on this i was listening to this uh interview for a while and i wanted to point out how he was saying the less is better the less amount of stocks that you own is actually the better you build your portfolio of like three or four companies and just rock with those three or four companies and you'll probably match or beat out outperform the market that's just my take you know you just heard with charlie mung he just named his whole portfolio and this man worth a couple billion and he just said uh we got some apartment complexes i got some berkshire stock i got some costco stocks and i got some chinese stocks that's it so you know he doesn't you know he said this whole notion that you gotta have this this this this this is not true so he said that's why it's harder for the next generation or this generation to become rich and wealthy with the world of investing because we got so many options every day my phone ring with something this hey you can do this hey you can do this hey you can do this you can invest in the movies you can invest into this you can invest in the cars clothes or whatever even with my youtube channel and podcast and instagram you know i try to keep everything central versus trying to venture off into everything else but anyway y'all uh y'all hit that like subscribe comment and share button y'all check out my book series wesley learns to where wesley learns which learns to invest which learns about credit and wesley learns about insurance available hardcover paperback ebook and audio anywhere you can uh buy books especially online thanks for thank you shout out to everybody else who has supported it and in the future i'm coming up with a book drive to get this whole get all these books into everybody's hands right and what's it what's the uh darn comment said toodles i guess he's saying peace out all right toodles man but yeah appreciate it until the next video podcast cartoon or whatever that's crazy y'all see me doing around the globe my name is prince dykes peace be safe i'm out thank you you
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