저자: 미상 · 외국인
요약 보기
찰리 멍거의 투자 조언을 정리한 영상. 소수의 좋은 기회에 집중 투자하고 분산은 필수가 아니라는 입장. 생활비 통제와 저축 후 투자, 복리 강조. AI는 과대평가 가능성을 언급하며, 버크셔의 Apple·Amazon 등 AI 관련 보유 지분을 소개. 영상 자체는 특정 자산의 단기 가격 예측을 하지 않음.
다듬은 글
It helps to have a somebody that's locked into a good position. So, a great business would be what you'd like. And of course, you'd like a great management, too. Charlie Mer, Warren Buffett's, trusty right-hand man and vice chairman of holding company Birkshshire Hathaway has created his own fortune through plagiarism, mostly by recognizing life's few possibilities and grabbing them at the proper time.
Munger said optimistically, "A few is all you need. You can experience large gain by concentrating your investment on a large few highquality assets and providing you adhere to Munger's few rules to small investment success. Let's examine Munger's perspective on investing for the upcoming winter months.
Charlie Mer suggests that when a good opportunity arises, take strong wings. Genuine opportunities are rare according to Munger and depending on how you react to them, you can either succeed or fail. Successful investment requires persistence, the capacity to spot the ideal investment opportunities when it arises and the skills to take full advantage of it when it does.
Building money over the long terms requires able to spot good possibilities and tossing out undesirable ones. Another way to work around the market is to have a concentrated portfolio, which in general is nothing to be terrified of. He says, "Have no fear of the idea that a portfolio should be diversified by including stocks, bonds, cash, and other instruments that historically haven't trended in the same direction and to the same measure is widely held.
However, Munger has long advocated that if your objective is to produce large returns, a concentrated portfolio may be the best option. According to the analyst, his $2.5 billion net worth is heavily concentrated in three stocks option. Daily Journal Corporation, $0.4 $4 billion, Costco, $232 billion, and Birkshshire Hathaway, $745 billion market cap.
The notion that really intelligent investors should have highly diverse portfolio is absurd. According to Munger, it is a fairly standard form of crazy and all business schools should teach it. He also suggests looking at the sluggish market. Munger has claimed time and time again that purchase size prevents it from achieving high investment returns because it restricts it to large investment prospect which are less likely to operate inefficiently or overvalue themselves.
You are more likely to find a stock that is undervalued if you focus on inexpensive, ineffective but potentially excellent investment options that nobody is looking at. The most valuable advice from Munger is to control the living cost and invest the money wisely in stocks. Munger's piece of advice is to keep your expenses under control and lead a simple life and then invest that saved amount.
He and Buffett had modest beginning but over the course of their life they amass riches by investing the remainder of their wages after spending only a portion of it. Despite being a straightforward formula, it calls for patience and discipline. Charlie Mer asserts that managing your expenses and standard of life is essential to accumulating wealth even as they gain enormous riches.
Munger and Buffett have always advocated for thriftiness and minimalism. Living entails reducing wasteful spending and concentrating on what is most important. They maintain downsizing your living space or switching to an older vehicle. But it also means not experiencing lifestyle inflation as your income increases.
Living within your means, in Monger's opinion, can free up cash from long-term investment that increase your wealth. Cost control involves reducing expenses and developing patience and discipline. Although it may be tempting to splash out on the newest technology or book a pricey vacation, Munger thinks that delaying gratification is essential to accumulating money over the long term.
Your wealth will increase over time if you invest the money you save and take advantage of the compound interest. Mer contends that you should do all it takes to amass your first $100,000 as soon as possible. Mer counsels avoiding the temptation of materialism and concentrating on the things that are really important in life.
You can accommodate wealth and reach financial independence over time by leading a simple life and making sensible investment decisions. Charlie Munger wants the investors to observe the market carefully and seize the major opportunities. Mer also counsels people to seize important chances when they arise.
Though he admit that these chances might be a few, it's crucial to take advantage of them when they come by acting bravely and decisively. Munger exceeded his expectations yet he acknowledged that serendipity contributed to his success. For Charlie Munger, success depends on grasping important opportunities.
Munger recommend people to act bravely and fortunately when these possibility presents themselves even though they may be uncommon. Although Munger acknowledged that lack can play a part in success. He also thinks that grabbing opportunities needs effort, focus and willingness to take chances, Mer and Buffett have profited from important investing opportunities by purchasing undervalued businesses or buying tiny businesses for Birkshshire Hathaway among other things.
Mer also agrees that when gasping large opportunities, overshooting goals is a possibility, but he thinks that it's better to aim high and take risk than play it safe and pass up a big chance. Mer emphasizes the value of planning and hard work while acknowledging that serendipity can play a part in success.
You may improve your chances of success and be prepared to take advantage of important opportunities when they presents themselves by being proactive, disciplined, and focused. This strategy adheres to Monger's principle of simplicity and discipline. You may accomplish your goals and amass long-term riches by concentrating on what is crucial and acting courageously when the time is appropriate.
In order to take advantage of big possibilities, Munger advises understanding the value of taking chances and being ready for success when it comes your way. You can improve your chances of succeeding and realizing your potential by adapting this mindset and remaining committed to your objective. What is Charlie Munger's take on AI as a future investment?
The economy may be affected by artificial intelligence, a revolutionary technology, then by the internet or smartphones combined. The potential of generative AI to produce or writing photos, movies, and even computer code might lead to a productivity explosion never seen by enterprises before. The investors are happy.
Although AI stocks like Nvidia have surged this year, a titan of the investment world believes that it may be time to apply the brakes. Munger allegedly stated that AI is receiving a huge amount of hype, probably more than it deserves, during a recent conference. Although AI has been around for a while, he raised doubts about its ability to accomplish great things on the near future, such as curing cancer.
Despite the skepticism, Bergkshar's $345 billion portfolio of publicly traded stocks and security currently owns a stake in a number of businesses that are using AI to grow their businesses. However, it should be noted that Buffett and Munger may not have bought these companies specifically for this reason.
Given that Apple accounts for over half of Berkshire's $345 billion portfolio, the investment firm stands to gain significantly from artificial intelligence. In a long run, Apple is a force in an artificial intelligence. Even though the corporation doesn't explicitly market itself as such, it may make some of the most well-known consumer electronics such as the iPhone and Mac computer.
Coca-Cola recently designed a marketing campaign called Masterpiece using AI which includes a film that combined real and artificial intelligent generated content. The future scope of such activity is expected to grow and Birkshshire may be happy that it currently holds $21.6 billion worth of the company's stock.
Birkshshire's biggest direct AI investment is in Amazon. Despite the fact that the company initially purchased the shares in 2019 before the widespread adaptation of the technology, Amazon is rushing to expand its line of artificial intelligence goods and services. It is the parent company of Amazon Web Service AWS, the largest cloud computing platform in the world.
In addition to creating expansive language model that its corporate clients can utilize and expand upon, AWS has built its own processor. Additionally, Entropic, a top generative AI startup, just received a $4 billion investment from Amazon, which will hasten the company's advancement throughout the AI stack.
Although it presently only makes up 0.4% of Birkshshire's portfolio, Amazon may turn to be one of the company's most significant investments in this sector. AI may also have a significant positive impact on the automobile sector, which is why established producers like General Motors are rushing to stay up with emerging rivals like Tesla in terms of technology.
The fact that Birkshshire sold more than half of its GM holdings in 2023 is uninspiring. The remaining portion of the firm's portfolio is just 0.2%. Charlie Munger's council may sound straightforward, but it is based on the lifetime of achievement and experience. What is your take on Munger's advice?
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