저자: 미상 · 외국인
요약 보기
이 영상은 투자 발언 영상이 아니라 피터 린치의 책 '피터 린치의 투자 방식'을 소개하는 도서 해설 영상이다. 책에서 제시한 여섯 가지 기업 유형을 설명한다. 첫째, 저성장 기업은 과거 고성장 후 성장이 둔화된 기업으로, 전력 섹터 등이 예로 든다. 둘째, 우량(안정형) 기업은 연 10% 이상 수익을 내는 대형 안정 기업(예: 코카콜라)으로, 경기침체기 포트폴리오 방어에 쓸 수 있다고 한다. 셋째, 고성장 기업은 연 20% 이상 성장하는 기업으로 저자가 가장 선호하는 유형이다. 넷째, 경기순환주는 매출 사이클에 따라 주가 변동이 큰 기업이다. 진입 시점과 매도 타이밍이 중요하다고 강조한다. 다섯째, 구조조정(회생) 기업은 부채나 사업 전환을 거쳐 회복하는 기업으로, 성공하면 투자금이 여러 배로 늘 수 있다고 한다. 여섯째, 숨겨진 자산 기업은 장부가치 대비 저평가되어 토지·자산·현금이 시가에 제대로 반영되지 않은 기업이다. 진행자는 투자 전 투자 서적 독서를 권하며, 관련 영상(부자 아빠 가난한 아빠) 링크를 소개한다. 영상에서 특정 종목이나 자산에 대한 가격 전망 발언은 없다.
다듬은 글
If you already invest in the stock market and buy stocks, you know that when you invest in stocks, you become a shareholder of that company. In our stock market, we have many companies where you can put your money to build your investment portfolio. But would you know how to classify the type of stock you're investing in?
In the book "The Peter Lynch Way of Investing," the author mentions that there are several classifications, but he offers his own classification and shows us six types of companies you should know so you can better allocate your money when investing. Ricardo from the "Frenetic Businesses" channel, a channel where we talk about personal development and financial management, is here today to discuss these six types of companies mentioned in the book "The Peter Lynch Way of Investing." If you liked this content, if you've already read this book, or are currently reading it, comment below and give us a thumbs up so YouTube can show this content to more people interested in this book.
And of course, if this is your first time here, subscribe to the channel and hit the notification bell every week when you receive updates. If I create new content for YouTube, I'll let you know. Printing was dead, and the type of companies he's talking about are slow-growth companies. These are companies that have grown so much and now are growing very little.
They are more stable companies; they've gone too far, and today, even though it's easier, their growth is very modest. Many of these companies, because they have nowhere to go, nowhere to grow, start to give large indirect returns. Like companies in the electricity sector, or you're investing in stocks, you become a shareholder of that company.
To profit from investing in that stock you acquired, the company will have to have good growth and will have to make money. That way, the company moves forward, its stock appreciates, and you'll have your profit. So the first classification we talk about is slow-growth companies. So, not all slow-growth companies were slow-growing.
Imagine a company that is making a profit, growing, but at a very slow pace; it has lost its robustness, even if it is profitable. For example, regarding slow-growth companies, he comments on the electricity sector, which are companies that, when they emerged on the market, had fantastic growth. People were buying air conditioners, people were buying refrigerators.
You know all the... The benefits of electricity were evident, but over the years they realized that energy consumption was becoming a major expense and began to decline. From that point on, the situation changed in that company from rapid growth to slow growth. The second type, which another comment discusses, are reliable companies.
The example he likes in his chapter is Coca-Cola; these are companies that are not growing rapidly, but they are multi-billion dollar companies, giant companies with revenues and returns above 10 percent per year, and they are very reliable companies. In a recession situation where you are a little worried about what will happen in your market or your country, in your investments, you can include this type of stock, which will give a little more resilience to your portfolio.
The third type of company classified by Peter Lynch are fast-growth companies, and these are the author's favorites. He comments that these companies can have growth above 20 percent per year. These companies don't necessarily need to be in high-growth sectors; for example, companies may be experiencing a wave of rapid growth because they are dominating the market they are in, even though it is very promising and hopeful to have these profits.
High-risk companies also face significant risks. Sometimes a company experiences rapid growth, while other times it experiences slower growth. The stock market doesn't like this and it's reflected in the values and situations where your investment might lose some value. Another important issue is large, solid companies.
For example, if you take a large company going through a new cycle of rapid growth and a recession hits, it will be harder for the company to sustain itself. Conversely, newer companies that are experiencing rapid growth and then face a market downturn may risk becoming what the author calls cyclical stocks.
These companies have cycles of revenue; sometimes they sell very well, sometimes they sell very little. During periods of high sales, their shares can rise significantly, and during periods of low sales, their values can plummet. There are two very important situations you need to understand when investing.
The first is the timing of entry. It's crucial to buy at the right time, at a good price, and take advantage of high sales and exit at the right moment. Of course, to achieve this, here's an important tip. If you work in the chemical products field, you know some information, you know of some company that's doing something different, some new product, some new technology on the market.
When you have this knowledge, it's a differentiator for you to get the timing of your investment right. And before discussing the fifth and sixth types of companies that Peter Lynch talks about, if any part of your investment is already allocated to these four types of stocks that we've already discussed, what type of stocks do you have in your portfolio?
Are you focusing more on slow-growth stocks, fast-growth stocks, or cyclical stocks? What type of stocks do you have? So let's go to the fifth type of company that the author discusses, only the interactive companies. Here in Brazil, everyone knows Oi, everyone is expecting the company to grow a lot and their investment to multiply several times.
The author comments in his book that when you choose good companies and make wise choices, you can indeed have your investment multiplied several times. You get your investment right in a company in recovery, a company that left the sector, is working in another, going through debt problems, but has good governance, and you know that.
A good company, when it manages to recover, allows you to multiply your investment several times over. The sixth and final type of company, the author discusses, involves companies with hidden assets. These are companies trading on the stock exchange at very low book value, or when you have some knowledge of company balance sheets and you realize that the value at which that company is being traded reflects only the land and assets—the entire structure the company has, or the cash it possesses—that allows it to survive certain difficult periods.
Or even if you suspect that a stock is trading below its book value, and you have this knowledge and patience, you can get close to a bargain by acquiring companies with hidden assets that sometimes haven't been correctly priced by the market. You can acquire an investment that, if you have patience, can multiply your investment several times over.
So, my friends, these were six types of companies that the author Peter 20 presents in his book. Of course, the book contains many more examples; the content is denser, the narrative style of the book is very good, it's very simple. He and his friends are doing another one, but I have to do it differently here because when I went to edit the video, I realized that my cell phone battery was dead.
It had just ended and our last tooth wasn't fully formed, so I didn't want to lose this content, which I thought was really cool, the way we talked about it in this video. I thought it was great and I did n't want to lose the context. So I'm making this video to say goodbye to you all. If you've already read the book "The Peter Lynch Way of Investing" or if you're interested in it, comment below if you liked this video, or if you've already read it and it reminded you of the concepts you were looking for in it.
If you do n't invest yet and haven't read investment books, I think you're not ready yet, don't worry. In the description I'll also put links to other videos I made about the book "Rich Dad Poor Dad," one of the best books on financial intelligence that you can read before you start investing. I'm Jean Carlo, from the channel "Negócio Só Genéticos" (Only Genetic Business).
We talk about personal and financial development, about all the books I'm reading and the books you read and comment on here on our channel. I hope to see you soon in the next video. A big hug and until next time!
Comments 0