주식투자107 찰리 멍거의 주식투자 조언 #28 로우리스크 하이리턴 The Tao of Charlie Munger www.yes24.com #28 SUPRISES "Favorable surprises are easy to handle. It's the unfavorable surprise that cause the trouble." 본문 Prepare for the worst, and hope for the best. It is always wise to be prepared for the worst. Benjamin Graham's "margin of safety" was devised to protect us from the worst. When it comse to stocks, Charlie lie thinks of the margin of safety in te.. 2020. 2. 3. 찰리 멍거의 주식투자 조언 #27 일시적/구조적 문제 The Tao of Charlie Munger www.yes24.com #27 ENDURING PROBLEMS "An isolated example that's very rare is much easier to endure than a perfect sea of misery that never ceases." 본문 Charlie is talking about the difference between an excellent company, which might confront a major problem a few times in a span of twenty years, compared with a mediocre company, which might go from problem to problem, y.. 2020. 1. 31. 찰리 멍거의 주식투자 조언 #26 절세금융상품 The Tao of Charlie Munger www.yes24.com #26 TAX SHELTERS "In terms of business mistakes that I've seen over a long lifetime, I would say that trying to minimize taxes too much is one of the great standard causes of really dumb mistakes... Anytime somebody offers you a tax shelter from here on in life, my advice would be don't buy it." 본문 Charlie has seen incredible mistakes in investment judgeme.. 2020. 1. 30. 찰리 멍거의 주식투자 조언 #25 기다림 The Tao of Charlie Munger www.yes24.com #25 WAITING "It's waiting that helps you as an investor, and a lot of people just can't stand to wait." 본문 Blaise pascal, the seventeenth-century French mathematician, said, "All of humanity's problems stem from man's inability to sit quietly in a room alone." Charlie agrees. You have to wait for the right companyㅡone with a durable competitive advantageㅡt.. 2020. 1. 28. 이전 1 2 3 4 5 6 7 8 ··· 27 다음