Chapter 023 The Way of Investment
Masayoshi Kishimoto returned home and stood in the hallway with a flick of his coat and the snow above his head. He changed into one of his slippers and stepped inside.
After he put away the passbook, private seals and other items, and after about half an hour, Rie Sakai made lunch. The two sat face to face at the dining table in the dining room, as always.
"I didn't see you this morning, where did you go?" asked Rie Sakai nonchalantly.
"I went to the bank first, and then I ate some oden at a small restaurant I used to go to, drank some sake, and talked about the economic aspects of Japan and South Korea. In the end, the shopkeeper was happy and waived my order. Kishimoto said truthfully with a smile on his face.
Rie Sakai looked at the look of joy on his face and said, "Looking at the way you look, you should be blowing very well."
Since you have the ability to eat for nothing, then blow it on me, too! If you can blow my head up, I will give you a free bill. ”
Kishimoto stared at her silently for a few seconds, then knew she wasn't joking. When the economy is worse, even people who don't understand the economy will care about the economy unusually much.
After all, when the economy improves, more jobs will be provided, so that I can have the opportunity to benefit from them.
When the economy is better, people who don't understand the economy don't care about it, but they become very active like retail investors in the stock market. They often behave like him.
"When I was in college, I admired Soros the most, and his operation method was to be a skilled and bold person, and he could obtain huge profits in the short and medium term, and he was able to crisscross the financial market.
He, a person who studied philosophy at the London School of Economics, once inspired to become a philosopher, but he engaged in the financial industry and became a capital predator.
Soros adopts a three-dimensional speculative strategy, not a single foreign exchange operation. The so-called three-dimensional speculation is financial speculation that uses the correlation between three or more financial instruments.
He has also suggested that making money is more of a way of speculation. Because economic history is a serial drama based on illusions and lies.
Soros is also particularly adept at using financial leverage to create a herd effect caused by panic in financial markets. He didn't kill people directly, but he killed people indirectly.
Although the rules of the financial game are irreproachable, every time he makes something in the financial market, someone will inevitably go bankrupt and commit suicide.
The speculative funds led by him during his lifetime stirred up waves in the financial market, overturned rivers and seas, and swept away the wealth of many countries. It can be seen that he is extremely aggressive.
Now, I've changed. A gentleman loves money and takes it in a good way. Make money, and don't ruin other people's families. Kishimoto said as he ate.
"So, your conscience found out that it was the marble that was sold. Rie Sakai paused the movement of picking vegetables on top of her right hand and looked up at him.
"Yes. I don't think Soros is an investor, but a speculator. Warren Buffett is the real investor. His investments are leaning towards the medium to long term.
He famously said that if you don't have the preparation to hold a stock for 10 years, don't hold it for even 10 minutes.
In addition to drinking cherry-flavored Coca-Cola, Warren Buffett also loves to do charity. He also gives a good image to the world. At the very least, the place where Soros will not walk like must be full of corpses.
Of course, there is such a big contrast between the two, which is also inseparable from their background and personal growth experience. Soros survived World War II, after all, as a Jew.
He learned the skills of survival from the dangers of life and death. Two of these lessons will help him in his investment career, the first is not to be afraid to take risks, and the second is not to bet all his money when taking risks.
Later, he immigrated to England with his family. His impression of London was that it was not a poor man's world, but a rich man's paradise.
He can only make ends meet by doing odd jobs, and life has no fun or novelty. At that time, he was only seventeen years old.
On this question, Yataro Iwasaki, the founder of our fellow countryman Mitsubishi, also said something similar, "Only when you have money will you have social status, and only then will others respect you." Kishimoto said eloquently.
He paused here to observe the other party's reaction for a moment. To my surprise, Rie Sakai, a top student at Tokyo University of the Arts, was still very interested in finance.
Masayoshi Kishimoto thought about it, and it seemed that this was something related to money, and everyone was interested in it. The pursuit of art is also inseparable from money.
If you don't have money, how can you learn art? Just her professional Western flute, the price is not cheap. It's expensive, to be exact. The material of this flute is platinum.
It has nothing to do with vulgarity, showing off or anything, after all, it has a close relationship with sound quality. The flute is a great test of the player's breath control, and it is necessary to find a suitable entry point in order to blow a near-perfect rhythm. Only a professional flute made of precious metals can do this.
Kishimoto continued: "Warren Buffett was born into a wealthy family since he was a child, and his father was a member of Congress. Although he also experienced World War II, the United States was not devastated by the war.
Warren Buffett was rejected from Harvard University and admitted to Columbia Business School, where he studied with Benjamin Graham, a renowned investment theorist.
Warren Buffett and Susan Thompson are married, and their parents have been friends for many years. Susan, who is studying at Northwestern University, and Roberta, Warren Buffett's sister, are roommates who live in the same dormitory.
When Warren Buffett dropped by to visit her and proposed to her, Susan left the university she attended and married him. Mrs. Buffett grew up just a block and a half from Buffett's home.
Mrs. Buffett also comes from a wealthy family. If you are the right person, any country in the world will speak about it. From this, it can be seen why Soros and Buffett chose completely different financial paths?
Soros was able to hang the sentence "I was born poor, but I must not die poor" in his office as a reminder, which proves that he has grown up in poverty since he was a child, and has forged a character that is different from that of a child from a wealthy class.
Warren Buffett belongs to God's favorite, has a good background and is highly talented...... At the beginning of the game, it is a full-body gold equipment. He bought his first stock at the age of 11, which is a testament to his talent in this area. Warren Buffett said why he once invested in Coca-Cola, because it tasted good!
In 1980, he bought a 7 percent stake in Coca-Cola for $120 million at a unit price of $10.96 per share. By 1985, Coca-Cola had changed its business strategy and began to withdraw money and invest in beverage production.
The unit price of its stock has risen to $51.5, a fivefold increase. As for how much money was made, the amount can be staggering to investors all over the world.
Just like Peter Lynch, a legend in the history of funds, said the same thing to ordinary investors, buy stocks of companies around you that you think are of good use, those commodities. ”