我怎么读书？年轻价值投资者的思考

Hello, I'm Patrick, a young man in a rolling pool. I'd like to share with you the value of investing in a woman. I'd like to share with you how I study as a young investor. Investing requires external information and knowledge. Studying is the most common way. My study started with investment. I wanted to study without reading. But now I have a lot of changes. The first thing I want to do is to study after I graduate. When I first entered the stock market, I wanted to invest. So I've seen a lot of things related to Buffett stock. But I don't think Buffett and Buffett are too slow to make money. They are not suitable for young people like me. They are too short of money. After a few years, I didn't make money. I didn't have the ability to make money. Plus, when I came out of school, I had to change my life. Because I started reading Buffett's stock market. At that time, besides the economics and business textbooks I used to go to school for, I used to look at the direction of investing. Like Jiangen, Bolang, and Tu Xiang. After I started reading Buffett's stock market, I started to think about the value of investment. Buffett's content has been going on since 2008. Usually, there is not much to talk about. What's more important is to think about it. What's more important is to answer the question of the netizens. These content solved a lot of the problems I faced when I was investing. I think that there is only one way to invest in a certain extent. On the Internet, you should be able to find the basis of Buffett's investment. About Buffett's investment, there are a lot of things. For example, Xueqiu and YouTube, there are some bloggers who specialize in organizing. So, for the young investors in the Chinese background, I think that Mr. Duan's blogging or Mr. Duan's thinking is a must. It is worth repeating. With Mr. Duan's blogging, the content is more rich. But it is even more profound. It even needs some background knowledge. Maybe it is the question of Buffett's shareholdership in the past decades. These are the shareholdership of Charlie Munger and the shareholdership of his Daily Journal. It is added together. There are about 2,000 to 3,000 content. But as high as possible. If we only read one book, we will only read Mr. Duan and Mr. Duan. Mr. Duan also said that if you invest in the price, then you can only read Mr. Duan's stuff. Regarding books, for the investors, or especially beginners, I think that Charlie Munger is the key to this. Although the book is actually a book that has been published and published in every era of Munger, Munger is more widely spread than Buffett's interest in language, and has a lot of experience in it. For young people, it is not a simple investment professional book. In addition to Charlie Munger, other key points are such as smart investors, political analysts, and how to choose to grow stocks. These are the benefits of time-consuming. But there are some details that are too focussed on at the time. In fact, you can skip it. As for the new book, the most important thing is the investment of Seth Claremont's安全 editor, Howard Marks. Even Howard Marks's other books. There are also some books that are very hard to read on the back of his website. Of course, it is also very good to read by the Colombian professor Grinwall, who is also known as a teacher. The above books and materials are actually all for the investment of the price, which is related to Charlie Munger's business. But the master can only rely on himself and his inner strength. There are many ways to understand the business or a closer look at the world. After reading the book about the price, I found almost all the books about investors on the market. For example, "Bloodlight" by David S. Wang, "Rachel Wise Are Happier", "The Golden Blast" by Peter Lin, "The Golden Chainsaw" by Peter Lin, "Dandle Investor" by Monish Popper, "The Education of Value Investor" by Guy Spear, and "Terry Smith's Investment of Finance". The contents of these books, in addition to "Rachel's" are simple and easy to read. But the more I learn, the faster I get to read with these kinds of books. Because the simple fact is that most of the reasons for the success of investors are just a few points. But from reading these books, it's a very good study process to understand the similar secrets of their success. Other than the investment data, you can also increase the knowledge of the books. The biggest impact of business data on investment, or increase the internal force directly, compared to the experience books in the game, can be directly taken to eat. For example, "Gym Collins", a summary of the characters, has a long-time experience and is excellent until the end of the month. "The Future of the Investor" by Seagull, a commercial adventure recommended by Wang Ge, or you are from a company or a person, for example, "Kiao Busi", "Basos", "Max" and so on. From the basic understanding of the commercial model, creative culture, company culture, and future development, it's not necessary. These kind of story books can be very fast. It can be 4-6 hours fast, maybe 30 minutes. If you don't have enough time, you can also look for "Youshenshu" to listen. In this way, you can also spend time in the car or during training. So as long as it's such a story book, as long as I'm interested, I won't make a mistake. Other than commercial books, some daily books, Wang Ge and Buffet actually also have recommendations. For example, "Effect B", "Effect C", "Human weakness", "Buffet and Iron". There are a lot of these books, but for internal forces, it's a bit of a shadow. It's similar to Wang Ge's commercial books. For example, "Clear", "Winter habit", "Galacta" and so on. These books are about how you are interested in this book, or how to make up for some of your thoughts, and how to solve your problems. But there are possibilities. For example, in this book, there are some people who read "Winter habit", who think it's impossible to invest or live a good life with them. This is also very possible. Other than the daily books, I'm not that rich, but if someone sees this book, or if investors think it's just Wang Ge, they will recommend this kind of books. What I recommend is historical and political books. This kind of books are also experience books for me. 某种程度上是比商业类书籍更直接更深远,影响生活的经验数。 从中国相关的,比如说三国演艺,万里十五年,彭木兰的大分流,五宁坤的异地类,到什么苏格兰人,如何发现现在世界人类简矢,等等。 总之,我现在读书的方法可以理解为,价值投资的框架已经搭好,需要什么再往里面填什么。 如果想了解具体的会计,就去读会计。 如果想要了解公司文化,就去看商业总结类书籍。 想要了解苹果,了解喬布斯的变化,就去看喬布斯/Tim Cook/Johnson/Ivy的专辑。 有时候一本书翻开,并不会一次性读完,只要找到自己需要的内容即可。 书一般是作者经过仔细斟酌系统性完成的。 读书可以看作以在和作者进行某一个题目的单向交流。 所以,读书并不是目的,相反,作为投资者,作为年轻人,获取知识,信息,获得能力和经验,有时靠书是不可能达成的。 需要看各种材料,10K论文,备忘录,甚至推特新闻需要跟人互动。 这些其实很多投资大师,比如说段永平自己也讲过很多次, 我们马上接下来继续分享。 另外我关于这些读的材料一点,就是如果这些材料的语言是用英文或者是中文自己写的, 我觉得最好都读原版。 目前我看到的,目前几乎所有的翻译类材料都多多少少有一点点难以表达完整的意思。 接下来我们看一下段总就读书的题目,他有哪些想法,一下我一些决选。 在2010年段永平提过,关于怎么投资的书,我觉得最重要的书是巴菲特协给股东的信。 其次是巴菲特平时的言论,如果你真看懂了,你就可以开始了。 如果谁觉得巴菲特已经过时,在投资时就该小心了。 不然过时很快的就会是自己,该讲的老爸都讲了,别人谁讲的都不重要,能不能理解完全看自己的物性和造化。 在两年过后2012年有网友提问,请教,很多人说人要多看书而且量要大, 但是我发现如果有几本好书反复的看,加深理解,效果更好。 段永平回答说,那看你要干什么,投资需要的书特别少,会投资的一般不写书。 我个人认为好书反复看会容易学到东西,不过我确实见到有些很厉害的人可以看很多书并且看得很快,而且都能记得看过啥。 就投资而言,我真没见过几个至少看动一本书的,多了就更不好了吧。 在2016年的时候有网友问,段永平,如走量不深入研读效果不好,如选择了不好的书也是浪费时间, 读完之后如何再选择阅读题目还是反复研读这些书? 段永平回答说,如果你喜欢读书,就去读吧,读书多和投资好坏其实没啥关系,王格在这点上说的未必适合所有人。 同年,有网友提问,读书多帮助你知道自己的能力圈有多大,不能帮助你扩大能力圈。 投资是在能力圈内的事情,当然把事情做对需要学习。 段永平回答说,凡是分两个方面,做对的事情和把事情做对。 读书也一样,就投资而言,书上说的基本都是投资技巧,就是把事情做对的方式。 这些东西很难靠书学会,不过有空读点书也是会有啟发的。 其实在2011年的时候,段永平说,实际上我也看过不少东西,但不一定要和投资有关。 有关投资的书看特别少,主要觉得会投资的人一般都懒得写书。 连老爸都没写书,而市面上的好书少,大部分翻一下就行了。 这一段时间在iPad上买了不少中文书,现在在看梁宇森全集。 有网友问,平时您都是用什么方法来补充知识呢? 段永平说,大概是聊天和上网,有时也看点书,很少有看完的书。 网友问,段先生能不能推荐基本投资方面的书? 段永平说,本人唯一看过的书就是巴菲特给股东的信,好像还没看完。 道理讲来讲去都一样,明白了就行,其他的书我翻过一些。 我认为如果你能明白巴菲特,别的书不看也没关系。 网友问,能推荐一些您认为企业管理有必要看的书吗? 段永平说,没什么书是必须看的,有空的话可以看看企业场新和优秀到卓越。 网友,建议老段也开一些投资书记的栏目,然后老段根据自己阅读过的书记建议大家去读哪一本。 请老段给我们一些解答,大家讨论关于这本书的内容和投资书记的内容。 段永平说,排名不分先后,把菲特给股东的信,把菲特名言录,企业场新,无耳其自传,有空还可以看看查理,保点,穷爸爸,富爸爸。 网友问,去年参加一个读书会,马云来当嘉宾,这是大哥局。 读书会有一个环节是嘉宾推荐五本书,我想他会不会推荐企业场新,后来果然推荐。 段大哥也推荐过,不过马云说,书不能读太多,读太多了,做的就少了。 企业场新他就看了一半。 段永平说,他比我看得多了,我只是大致翻了一遍,但很多同意里面的观点。 印象最深的是stop doing list,我觉得这是对做对的事情,就是做不对的事情。 发现错了就改的最好的例子。 网友说,很惊讶,您这么推荐企业场新这本书,竟然没看过这一张。 您说过您看书时,主要是翻越,但您这么一说,我还是很好奇能分享您看书或学习知识时的方法吗? 段永平说,我同意这本书的观点,所以不需要看。 网友还问,请问段大哥以前看过盲格的书吗? 段永平说,没有,但知道很多盲格的故事。 我看了盲格的书从查理宝典目前国内出版的,翻译质量非常差,可能和翻译者的心态有关。 想请段先生对华尔街的杰出华人投资者李鹿怎么看? 段永平回答说,我觉得他的序写得非常非常好,我认真的看了两遍,对他也算有点了解吧。 查理的书,东西翻译起来有点难,而且他讲话引惊剧点的,有时候不懂是没办法翻出来的。 我现在看这本书是有时候会去查查原文,经常是看到原文是更不懂。 对翻译质量不要要求太高,认真读还是一样有大收获的。 再说,这种书很难找到特别专业的翻译吧。 从我看的过程中,没觉得翻译有什么大问题,也许我关注的是观点,对细节不是太在意。 也许你不觉得翻译是问题的时候,你就开始动盲了。 网友说,那本书我觉得确实太贵了。 这种评说,我觉得价格不是问题,了解其价值的人可能会觉得这是一本一个人一生当中能买到最便宜的书。 不懂的人也许有人送给他一本也是一本最贵的书。 因为这本书好重,不明白就是个累赘,忙格出书肯定不是为了赚钱, 但不意味着他应该把书送人。 网友问,我觉得巴菲特的书最通俗一种的,如果巴老的书都觉得困惑的话,那忙格的书你就更弄不懂了。 忙格说的倒是比较深奧,所以我也没打算看了,把巴菲特的思想学懂了就足够了。 段文平回答说,我非常赞成你的态度,好书一本就够。 有空多看看也无妨,其实忙格的东西挺有趣,和老巴的语言风格不一样, 但东西没啥本质差别,有空看看很好玩。 最关键的是我知道我肯定不会写书,已经有这么多好书了,我干嘛添乱。 如果不看老巴的书,我的书有什么用? 如果看了老巴的书,我的书又有什么用? 网友问,新年第一本是向中国古神学炒古,段文平的八十条炒古妙招, 开始还不错,后面好像就是乱拼凑出来的,比较失望。 段文平说,前面我讲过了这本书和我无关,这本书连作者和名字都是山寨的,书名也是山寨的。 来这个博客的人确实不应该上当,你应该从一开始就比较失望才对,不然就轮到别人比较失望。 我没写过书,主要是因为不会写,也没有授权过任何人写和我有关的书,大概以后也不会的。 我倒是可以给价值投资者推荐一本书,巴菲特中告中国古名作者言行方。 我在iPad上买了个巴菲特拳集,上面的资料如此。 这本书的书名起得不好,咋看是大部分赚古名钱的书,但无意中看了之后我发现这其实是一本可以帮助有些古名赚钱的书。 我认为这本书的作者对巴菲特的理解很好,解释的也通俗于懂,确实花了功夫,值得一看。 我有问,段大哥看过聪明的投资者这本书,段文平说,我没看过,但我知道里面说的啥。 这本书其实就是一句话,买股票就是买公司。 网友问,您看过证券分析吗?关于股票的书,除了您推荐的巴菲特的信,言行分,那本,您还看过哪些? 段文平说,我没看过证券分析,其实也只是翻过一下我推荐的这几本书。 当年我跟老爸讲,我向他学到关于投资的东西,就是买股票,就是买公司,然后他说,这正是他从他老师那里学到的。 他老师就是,我能够投资不是因为我看过哪些书,而是因为我自己确实能理解企业。 网友问,滚雪球这本书您看了吗?段文平说,看了企业看不下去,这本书我觉得写的不太好,索粹。 不过不太了解巴菲特的人还是可以看看,比从这了解巴菲特要强。我不太喜欢看这本书有一个原因,我发现巴菲特不喜欢这本书。 网友问,我给大家搜索了200本巴菲特王格及段文平推荐的书籍下载的连接,方便大家下载乐主,适合自己,请购买这本书籍。 段文平回答,200多本,太人的吧。 我还是认为对于投资关键在于物,看书太多,没太大意思,反而浪费时间。 物应该就是思考本质的东西吧,到的东西需要物,数的东西可以学。 网友最后问,您上次说要聚焦不然很累,我觉得这句话让人回味的东西很多,我现在其他的书也不怎么看了,主要就看巴菲特为主。 我想这也是您说的聚焦法则,段文平回答说,有进步。 总结,如何看待投资书籍呢?段文平说,我不看关于投资的书,投资的书要慎重, 因为大部分跟投资有关的书可能都是把你往钩里带,当然我没有太多发言权,因为毕竟我都没有看过。 谢谢收听,我是Patrick,下期见!