MTL - Rebirth: Japanese investor-Chapter 23 The way to invest

   Chapter 23 The Way of Investing

   Kishimoto Masayoshi returned home and stood at the entrance with his jacket and the snow above his head. He put on his own pair of slippers and stepped inside.

   After he put the passbooks, private seals and other items away, Sakai Rie finished lunch after another half hour or so. As always, the two sat face to face at the dining table in the dining room.

   "I didn't see you this morning, where did you go?" Sakai Rie asked casually.

"First I went to the bank, then I ate some oden at a small restaurant I used to go to, drank some sake, and talked about the economics of Japan and South Korea. In the end, the owner was happy and spared me. order." Kishimoto said truthfully with a smile on his face.

   Sakai Rie looked at the happy expression on his face and said: "Looking at your appearance, you should be blowing very cool.

  Since you have the ability to eat this for nothing, then give me a blast too! If you can blow my head up, I'll give you a free bill. "

   Kishimoto Masayoshi stared at her silently for a few seconds, then knew that she was not joking. When the economy is getting worse, even people who don't understand the economy will be very concerned about the economy.

   After all, when the economy improves, more jobs will be provided, so that I can have the opportunity to benefit from it.

  When the economy is better, people who don’t understand the economy don’t care about it. Only retail investors like the stock market become very active. They often show that the stock **** is none other than him.

   "When I was in college, I admired Soros the most. The operation method was that he was skilled and bold, and he was able to make huge profits in the short and medium term.

  He, a philosophy student at the London School of Economics, was once inspired to become a philosopher, but he was 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 also once suggested that making money is more speculative. Because economic history is a series based on falsehoods and lies.

  Soros is also very good at using financial leverage to create the herd effect caused by panic in the financial market. He did not kill directly, but indirectly killed people.

  Although the rules of the financial game are the law of the jungle, there is no blame, but every time something is done by him in the financial market, someone will inevitably go bankrupt and commit suicide.

  The speculative funds he led throughout his life made waves in the financial market, turned the rivers and the seas, and wiped away the wealth of many countries. It can be seen that his aggressiveness is extremely strong.

   Now, I have changed. Gentlemen love fortune, in a proper way. Make money, and don't make other people's homes ruined. " Kishimoto said while eating.

   "So, your conscience found out that you just sold the billiards room." Sakai Rie paused the movement of picking vegetables on her right hand, looked up at him and said.

   "Yes. I don't think Soros is an investor, but a speculator. Buffett is the real investor. His investments tend to be medium to long-term.

   He has a famous saying, if you are not prepared to hold a stock for 10 years, then don't even hold this stock for 10 minutes.

  In addition to drinking cherry-flavored Coca-Cola, Buffett also loves to do charity. His image to the world is also very good. At the very least, places that don't travel like Soros must be full of corpses.

   Of course, there is such a big difference between the two, and it is also inseparable from their origin and personal growth experience. Soros escaped death in World War II, after all, as a Jew.

   He learned the skills of survival from the danger of life and death. Two of these experiences will be very helpful to his investment career in the future. The first is not to be afraid of taking risks, and the second is not to bet all your money when taking risks.

   Later, he immigrated to England with his family. His impression of London is that this is not a world for the poor, but a paradise for the rich.

   He can only rely on odd jobs to make a living, and there is no fun or novelty in life. At that time, he was only seventeen years old.

   On this issue, Yataro Iwasaki, the founder of our fellow Mitsubishi, also said something similar. Only if you have money, you will have social status and others will respect you. " Kishimoto said eloquently.

   He paused for a while, and observed the reaction of the other party. To my surprise, Sakai Rie, a top student at Tokyo University of the Arts, is still very interested in financial matters.

  Kishimoto Masayoshi thought about it, and it seems that everyone is interested in money-related matters. The pursuit of art is also inseparable from money.

  No money, how to study art? Just her professional western flute is not cheap. To be precise it is expensive. The material of this flute is platinum.

   has nothing to do with bad vulgarity, showing off or something, after all, it is closely related to sound quality. The flute is a test of the player's breath control, and it is necessary to find a suitable entry point in order to play a near-perfect rhythm. Only professional flutes made of precious metals can do such a presentation.

   Masayoshi Kishimoto continued: "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 mainland of the United States was not damaged by the war.

  Buffett was rejected from Harvard University and was admitted to Columbia University Business School, where he studied under the famous investment theorist Benjamin Graham.

   Buffett and Susan Thompson are married, both of whose parents are long-time friends. Susan, who is studying at the prestigious Northwestern University, and Buffett's sister Roberta are roommates who live in the same dormitory.

   When Buffett stopped by her and proposed to her, Susan left college and married him. Mrs. Buffett grew up just a block and a half from Buffett's home.

   Mrs. Buffett also came from a wealthy family. The right match, any country in the world will speak. From this, we can see why Soros and Buffett chose very different financial paths?

Soros was able to put the sentence, I was born poor, but I must not die still poor, and put it in his office as a reminder, which proves that he grew up in poverty since he was a child. Characters of wealthy class children.

  Buffett belongs to God's darling, with a good background and high talent... At the beginning, he is full of golden equipment. He bought his first stock at the age of 11, which reflects his talent in this area. Buffett said why he once invested in Coca-Cola, because it is delicious!

   In 1980, he bought a 7% 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 funds and invest in beverage production.

   The unit price of its shares has risen to $51.5, a five-fold increase. As for how much they make, the amount can make investors around the world speechless.

   Just like Peter Lynch, a legendary figure in the history of funds, said the same thing to ordinary investors, buy stocks of companies around them that feel good, those commodities. "

   (end of this chapter)