佳礼资讯网

 找回密码
 注册

ADVERTISEMENT

查看: 2702|回复: 2

只有他在买美国股票

[复制链接]
发表于 2-12-2008 09:18 PM | 显示全部楼层
他买了什么股呢?
回复

使用道具 举报


ADVERTISEMENT

 楼主| 发表于 2-12-2008 09:14 AM | 显示全部楼层 |阅读模式
Buy American. I Am.
THE financial world is a mess, both in the United States and abroad.Its problems, moreover, have been leaking into the general economy, andthe leaks are now turning into a gusher(喷油井). In the near term, unemploymentwill rise, business activity will falter(畏缩) and headlines will continue to be scary.
So ... I’ve been buying American stocks. This is my personal account I’m talking about, in which I previously owned nothing but United States government bonds. ( This d e s c r i p t i o n  leaves aside my Berkshire Hathaway holdings, which are all committed to philanthropy(慈善).)If prices keep looking attractive, my non-Berkshire net worth will soon be 100 percent in United States equities.
Why?
A simple rule dictates my buying: Be fearful when others are greedy,and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation’s many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.
Let me be clear on one point: I can’t predict the short-term movements of the stock market. I haven’t the faintest idea as to whether stocks will be higher or lower a month — or a year — from now.What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up.So if you wait for the robins(知更鸟,北美洲的一种候鸟), spring will be over.
A little history here: During the Depression, the Dow hit its low, 41, on July8, 1932. Economic conditions, though, kept deteriorating until Franklin D. Roosevelt took office in March 1933. By that time, the market had already advanced 30 percent. Or think back to the early days of World War II, when things were going badly for the United States in Europe and the Pacific. The market hit bottom in April 1942, well before Allied fortunes turned. Again, in the early 1980s, the time to buy stocks was when inflation raged and the economy was in the tank. In short, bad news is an investor’s best friend. It lets you buy a slice of America’s future at a marked-down price.
Over the long term,the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic(传染病); and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
You might think it would have been impossible for an investor to lose money during a century marked by such an extraordinary gain. But some investors did. The hapless(倒霉的) ones bought stocks only when they felt comfort in doing so and then proceeded to sell when the headlines made them queasy(不安).
Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. Indeed, the policies that government will follow in its efforts to alleviate the current crisis will probably prove inflationary and therefore accelerate declines in the real value of cash accounts.
Equities will almost certainly outperform cash over the next decade, probably by a substantial degree. Those investors who cling now to cash are betting they can efficiently time their move away from it later. In waiting for the comfort of good news, they are ignoring Wayne Gretzky’s advice: “Iskate to where the puck is going to be, not to where it has been.”
I don’t like to opine(设想) on the stock market, and again I emphasize that I have no idea what the market will do in the short term. Nevertheless,I’ll follow the lead of a restaurant that opened in an empty bank building and then advertised: “Put your mouth where your money was.”Today my money and my mouth both say equities.
Warren E. Buffett is the chief executive of Berkshire Hathaway, a diversified holding company.
Published: October 16, 2008

[ 本帖最后由 明讯7887701 于 2-12-2008 09:29 AM 编辑 ]
回复

使用道具 举报

发表于 10-12-2008 05:36 PM | 显示全部楼层
有哪个投资是完全投资在石油企业的
回复

使用道具 举报

您需要登录后才可以回帖 登录 | 注册

本版积分规则

 

ADVERTISEMENT



ADVERTISEMENT



ADVERTISEMENT

ADVERTISEMENT


版权所有 © 1996-2023 Cari Internet Sdn Bhd (483575-W)|IPSERVERONE 提供云主机|广告刊登|关于我们|私隐权|免控|投诉|联络|脸书|佳礼资讯网

GMT+8, 4-11-2024 01:08 PM , Processed in 0.132825 second(s), 24 queries , Gzip On.

Powered by Discuz! X3.4

Copyright © 2001-2021, Tencent Cloud.

快速回复 返回顶部 返回列表