저자: DEEPANSH AGRAWAL · 외국인
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Warren Buffett is one of the most successful investors of all time, with an estimated net worth of over 80 billion dollars to this date. He bought his first stock at eleven years old, and by seventeen he had fifty-three thousand dollars to his name. He certainly knows a thing or two about this market. Even though he spent a lifetime developing his skills, he has now shared some very straightforward advice about investing that anyone can take advantage of. So in this video I'll show you how you can invest your money safely and become filthy rich.
Warren Buffett's first rule is simply to think long term rather than short term. He may be going overboard with this concept, but he truly embraces it throughout his entire life. He still lives in the same house he bought in 1958, and he has been working at the same desk for some fifty years. He doesn't use a computer; he uses a traditional pen and paper. Why use Google when you can just use an outdated encyclopedia and spend 40 minutes maybe finding what you're looking for? When it comes to computers, he has only sent one email in his life. At the end of this video, I'll show you who it was sent to: Jeff Fricks of Microsoft. Jeff Fricks, who is that, you might ask? Yeah, I have no idea. Warren Buffett is also still rocking the good old Nokia phone, and to be fair, that thing lasts longer than the four iPhones I've had in my life. He has been quoted saying he doesn't throw anything away until he has had it for at least 20 to 25 years. So thinking long term is natural for him, and his ability to resist selling has proved very successful.
The reason he holds on to what he buys is that he does his homework, and he does it very well. He has stated many times that he spends 80% of his day reading and catching up on the latest news about the companies he's investing in. He thinks about life and investing as learning as much as he can, and he reads between six hundred and a thousand pages every single day. Before he makes an investment, he makes sure he knows the ins and outs and has a deep understanding of even the smallest details of a business's operations. He tends to invest in huge companies that he thinks have the ability to live and thrive for a long time.
He makes the metaphor that investing is a lot like baseball. Instead of swinging at every ball that comes his way, he waits for just the right pitch. He has the patience to watch pitch after pitch go by until just the right one comes along, and even when people are screaming at him to swing, he remains calm, trusts himself, and only swings at pitches in his area. When he has done his research and an opportunity comes along in his area of expertise, that's when he goes for the home run and hits big.
However, not many people have the time or money to read for eight hours a day and invest billions in the biggest companies like Warren Buffett does. It's not a strategy that just anyone can apply and find success with. So I wanted to make a video explaining how absolutely anyone can invest and become rich without taking the time to read and grasp what to invest in, which is why I'm excited to share this with you.
While reading Berkshire Hathaway's 2013 annual report, one of the most interesting paragraphs I found was on page 20, where he gave very simple and straightforward advice about investing. He says, "My money is where my mouth is." What he advises there is essentially identical to certain instructions he has laid out in his will. In his will, he has specified that the future of his family's money should be invested as follows: 10 percent of the cash in short-term government bonds, and 90% in a very low-cost S&P 500 index fund. He finishes by stating, "I believe the trust's long-term results from this policy will be superior to those attained by most investors." It's truly straightforward: don't try to outplay the market. As he put it, no man or machine can predict the ups and downs of the market, well, except for Warren Buffett maybe. So it would be foolish to try to beat it when you can simply join it.
The very same formula was also mentioned in Tony Robbins' book *Money: Master the Game*. Index funds really seem to be the future of investing, because the market will always rise in the long term, and that's essentially what you invest in when you buy the market. The S&P 500 contains the 500 largest companies trading on the New York Stock Exchange and the Nasdaq. Instead of picking stocks individually, you can own a piece of all of the biggest companies, such as Apple, Microsoft, and Google. As I discussed earlier, Warren Buffett is an expert at picking the best companies out of these 500 and investing huge amounts in them. But an index fund saves you that time and gives you a very secure investment that can bring great returns over time. Investing in an index fund is very secure, since a single company might go bankrupt, but the market as a whole will not. You also don't have to stick only to the US market; you could invest in the European and Asian markets, which are also doing very well. You can even invest in global index funds to own a part of the biggest companies in the world.
As for the other 10%, short-term government bonds are a very low-cost alternative. Short-term bonds are attractive to investors because they are very stable and consistently rising, though their returns tend to be smaller. I have taken a very similar but slightly more aggressive approach to investing, as Warren Buffett suggests, and have had great results with it. I've linked Berkshire Hathaway's annual report in the description if you want to read it. I'll finish this video with Warren Buffett's own words: the goal of the non-professional should not be to pick winners, but rather to own a cross-section of businesses that in aggregate are bound to do well. I hope you enjoyed it. Slam that like button if you did, and I'll see you in the next one.
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