{"id":253,"date":"2016-09-27T11:17:24","date_gmt":"2016-09-27T04:17:24","guid":{"rendered":"http:\/\/robostock.vn\/web\/?p=253"},"modified":"2016-09-27T11:17:24","modified_gmt":"2016-09-27T04:17:24","slug":"dieu-can-biet-ve-dau-tu-p1","status":"publish","type":"post","link":"https:\/\/robostock.vn\/web\/dieu-can-biet-ve-dau-tu-p1\/","title":{"rendered":"\u0110i\u1ec1u c\u1ea7n bi\u1ebft v\u1ec1 \u0111\u1ea7u t\u01b0 p1"},"content":{"rendered":"
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#<\/span>Rbskienthuc<\/span><\/a><\/span><\/h6>\n
\u0110\u1ea7u t\u01b0 l\u00e0 m\u1ed9t ngh\u1ec7 thu\u1eadt. C\u00f2n ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 l\u00e0 m\u1ed9t ngh\u1ec7 s\u0129<\/h6>\n

N\u1ebfu mu\u1ed1n tr\u1edf th\u00e0nh nh\u00e0 \u0111\u1ea7u t\u01b0 th\u00e0nh c\u00f4ng b\u1ea1n ph\u1ea3i n\u1eafm r\u00f5 \u0111\u01b0\u1ee3c b\u1ea3n ch\u1ea5t, n\u1ec1n t\u1ea3ng c\u0169ng nh\u01b0 c\u1ed1t l\u00f5i s\u1ef1 th\u1eadt khi \u0111\u1ea7u t\u01b0<\/p>\n

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1. H\u00e3y tham lam khi ng\u01b0\u1eddi kh\u00e1c s\u1ee3 h\u00e3i- c\u00e2u n\u00f3i r\u1ea5t n\u1ed5i ti\u1ebfng c\u1ee7a WB ai c\u0169ng bi\u1ebft, nh\u01b0ng n\u00f3i th\u00ec d\u1ec5 h\u01a1n l\u00e0m r\u1ea5t nhi\u1ec1u. C\u00f3 m\u1ea5y ai d\u00e1m tham lam khi ng\u01b0\u1eddi kh\u00e1c s\u1ee3 h\u00e3i?.<\/p>\n

2. M\u1ed9t\u00a0c\u00f4ng ty t\u1ed1t kh\u00f4ng c\u00f3 ngh\u0129a lc\u1ed5 phi\u1ebfu c\u00f4ng ty \u0111\u00f3 l\u00e0 t\u1ed1t \u0111\u1ec3 \u0111\u1ea7u t\u01b0<\/p>\n

3. N\u0103m n\u00e0o TT c\u0169ng c\u00f3 \u00edt nh\u1ea5t 1 con s\u00f3ng l\u1edbn, v\u00e0 n\u1ebfu t\u00ednh 10 n\u0103m th\u00ec \u00edt nh\u1ea5t s\u1ebd c\u00f3 1 con s\u00f3ng kh\u1ee7ng long. V\u00ec v\u1eady ch\u1ec9 c\u1ea7n canh me \u0103n 1 con s\u00f3ng 1 n\u0103m l\u00e0 \u0111\u1ee7, kh\u00f4ng c\u1ea7n l\u01b0\u1edbt l\u00e1t nhi\u1ec1u.<\/p>\n

4. Nhi\u1ec1u chuy\u00ean gia CK th\u01b0\u1eddng xuy\u00ean d\u1ef1 b\u00e1o sai, nh\u01b0ng v\u1eabn ki\u1ebfm \u0111\u01b0\u1ee3c r\u1ea5t nhi\u1ec1u ti\u1ec1n ph\u00ed t\u01b0 v\u1ea5n t\u1eeb nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n

5. Erik Falkenstein (equity portfolio manager t\u1ea1i Deephaven Capital Management, t\u00e1c gi\u1ea3 s\u00e1ch Finding alpha) n\u00f3i: Trong tennis chuy\u00ean nghi\u1ec7p, v\u1eadn \u0111\u1ed9ng vi\u00ean r\u1ea5t \u00edt khi m\u1eafc l\u1ed7i, h\u1ecd s\u1ebd \u0103n \u0111\u01b0\u1ee3c 80% s\u1ed1 \u0111i\u1ec3m c\u00f3 th\u1ec3 \u0103n \u0111\u01b0\u1ee3c, trong khi \u0111\u00f3, t\u1ea1i gi\u1ea3i nghi\u1ec7p d\u01b0, v\u0111v s\u1ebd b\u1ecf l\u1ee1 80% c\u01a1 h\u1ed9i ngon \u0103n. T\u01b0\u01a1ng t\u1ef1 nh\u01b0 v\u1eady v\u1edbi \u0111\u1ea5u v\u1eadt, c\u1edd vua v\u00e0 \u0111\u1ea7u t\u01b0: ng\u01b0\u1eddi m\u1edbi tham gia n\u00ean t\u1eadp trung v\u00e0o vi\u1ec7c tr\u00e1nh sai l\u1ea7m, h\u00e3y \u0111\u1ec3 nh\u1eefng con s\u00f3ng d\u1eef cho d\u00e2n chuy\u00ean nghi\u1ec7p chinh ph\u1ee5c.<\/p>\n

6. C\u00f3 kho\u1ea3ng 10.000 nh\u00e0 qu\u1ea3n l\u00ed t\u00e0i ch\u00ednh chuy\u00ean nghi\u1ec7p, nh\u01b0ng s\u1ed1 ng\u01b0\u1eddi th\u00e0nh c\u00f4ng d\u1ef1a v\u00e0o may m\u1eafn ch\u1ec9 \u0111\u1ebfm tr\u00ean \u0111\u1ea7u ng\u00f3n tay.<\/p>\n

7. Nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 v\u0129 \u0111\u1ea1i tr\u00ean th\u1ebf gi\u1edbi c\u0169ng kh\u00f4ng th\u1ec3 c\u00f3 \u0111\u01b0\u1ee3c su\u1ea5t sinh l\u1eddi v\u00e0i tr\u0103m ph\u1ea7n tr\u0103m h\u00e0ng n\u0103m. V\u1edbi nhi\u1ec1u ng\u01b0\u1eddi, \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n l\u1eddi 30% l\u00e0 b\u00ecnh th\u01b0\u1eddng, ch\u1eb3ng c\u00f3 g\u00ec l\u00e0 cao th\u1ee7. Nh\u01b0ng n\u1ebfu b\u1ea1n duy tr\u00ec \u1ed5n \u0111\u1ecbnh su\u1ea5t sinh l\u1eddi 30% \u0111\u1ebfn h\u1ebft \u0111\u1eddi th\u00ec c\u0169ng kh\u00f4ng ngh\u00e8o h\u01a1n Warren Buffett bao nhi\u00eau.<\/p>\n

8. Trong c\u00e1c cu\u1ed9c suy tho\u00e1i, khi Ng\u00e2n h\u00e0ng nh\u00e0 n\u01b0\u1edbc h\u1ecdp, ho\u1eb7c khi c\u00f3 b\u1ea7u c\u1eed, ng\u01b0\u1eddi ta b\u1ed7ng tr\u1edf n\u00ean c\u1ef1c k\u00ec ch\u1eafc ch\u1eafn v\u1ec1 nh\u1eefng th\u1ee9 m\u00e0 v\u1ed1n h\u1ecd ch\u1eb3ng bi\u1ebft t\u00ed g\u00ec.<\/p>\n

9. B\u1ea1n c\u00e0ng c\u1ea3m th\u1ea5y ch\u1eafc ch\u1eafn v\u1ec1 m\u1ed9t phi v\u1ee5 \u0111\u1ea7u t\u01b0 n\u00e0o \u0111\u00f3, b\u1ea1n c\u00e0ng d\u1ec5 th\u1ea5t b\u1ea1i v\u00e0 thua l\u1ed7.<\/p>\n

10. \u0110\u1ea7u t\u01b0 v\u00e0o nh\u1eefng c\u1ed5 phi\u1ebfu penny c\u0169ng gi\u1ed1ng nh\u01b0 b\u1ea1n \u0111ang ch\u00e2m l\u1eeda \u0111\u1ed1t ti\u1ec1n c\u1ee7a m\u00ecnh.<\/p>\n

11. Kh\u00f4ng m\u1ed9t ng\u01b0\u1eddi n\u00e0o tr\u00ean th\u1ebf gi\u1edbi n\u00e0y c\u00f3 th\u1ec3 \u0111o\u00e1n ch\u00ednh x\u00e1c th\u1ecb tr\u01b0\u1eddng s\u1ebd bi\u1ebfn \u0111\u1ed9ng nh\u01b0 th\u1ebf n\u00e0o trong ng\u1eafn h\u1ea1n.<\/p>\n

12. C\u00e1c nh\u00e0 ph\u00e2n t\u00edch hay k\u1ec3 v\u1edbi b\u1ea1n v\u1ec1 nh\u1eefng sai l\u1ea7m c\u1ee7a anh \u1ea5y l\u00e0 nh\u1eefng ng\u01b0\u1eddi m\u00e0 b\u1ea1n n\u00ean nghe theo. H\u00e3y tr\u00e1nh nh\u1eefng ng\u01b0\u1eddi kh\u00f4ng n\u00f3i t\u00ed g\u00ec v\u1ec1 sai l\u1ea7m c\u1ee7a m\u00ecnh.<\/p>\n

13. B\u1ea1n kh\u00f4ng hi\u1ec3u b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n c\u1ee7a m\u1ed9t ng\u00e2n h\u00e0ng l\u1edbn? Nh\u1eefng nh\u00e0 \u0111i\u1ec1u h\u00e0nh v\u00e0 k\u1ebf to\u00e1n c\u1ee7a c\u00f4ng ty \u0111\u00f3 c\u0169ng kh\u00f4ng hi\u1ec3u \u0111\u00e2u.<\/p>\n

14. S\u1ebd c\u00f3 kho\u1ea3ng b\u1ea3y \u0111\u1ebfn m\u01b0\u1eddi cu\u1ed9c suy tho\u00e1i trong 50 n\u0103m s\u1eafp t\u1edbi. \u0110\u1eebng t\u1ecf ra qu\u00e1 b\u1ea5t ng\u1edd khi n\u00f3 x\u1ea3y ra.<\/p>\n

15. Ba m\u01b0\u01a1i n\u0103m tr\u01b0\u1edbc, b\u1ea3n tin t\u00e0i ch\u00ednh ch\u1ec9 k\u00e9o d\u00e0i m\u1ed9t ti\u1ebfng tr\u00ean TV. B\u00e2y gi\u1edd n\u00f3 k\u00e9o d\u00e0i kho\u1ea3ng 18 ti\u1ebfng. L\u01b0\u1ee3ng tin t\u1ee9c h\u1eefu \u00edch kh\u00f4ng t\u0103ng l\u00ean, trong khi qu\u00e1 nhi\u1ec1u nh\u1eefng tin l\u00e0m l\u00e3ng ph\u00ed th\u1eddi gian c\u1ee7a ng\u01b0\u1eddi xem.<\/p>\n

16. Phi v\u1ee5 c\u00f3 l\u1ee3i nhu\u1eadn cao nh\u1ea5t c\u1ee7a Warren Buffett x\u1ea3y ra khi th\u1ecb tr\u01b0\u1eddng r\u1ea5t k\u00e9m c\u1ea1nh tranh. Kh\u00f3 ai c\u00f3 th\u1ec3 l\u1eadp l\u1ea1i k\u1ec9 l\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a \u00f4ng.<\/p>\n

17. \u0110a s\u1ed1 nh\u1eefng th\u1ee9 ng\u01b0\u1eddi ta d\u1ea1y v\u1ec1 \u0111\u1ea7u t\u01b0 \u1edf tr\u01b0\u1eddng l\u00e0 l\u00fd thuy\u1ebft v\u00f4 d\u1ee5ng. H\u1ea7u h\u1ebft c\u00e1c gi\u00e1o s\u01b0 \u0111\u1ec1u kh\u00f4ng ph\u1ea3i ng\u01b0\u1eddi gi\u00e0u c\u00f3 nh\u1edd \u0111\u1ea7u t\u01b0.<\/p>\n

18. M\u1ed9t ng\u01b0\u1eddi xu\u1ea5t hi\u1ec7n tr\u00ean TV c\u00e0ng nhi\u1ec1u, d\u1ef1 \u0111o\u00e1n c\u1ee7a ng\u01b0\u1eddi \u0111\u00f3 c\u00e0ng \u00edt c\u00f3 kh\u1ea3 n\u0103ng tr\u1edf th\u00e0nh hi\u1ec7n th\u1ef1c (nh\u00e0 t\u00e2m l\u00fd h\u1ecdc Phil Tetlock c\u1ee7a tr\u01b0\u1eddng U.C Berkeley \u0111\u00e3 c\u00f3 nghi\u00ean c\u1ee9u v\u1ec1 \u0111\u1ec1 t\u00e0i n\u00e0y).<\/p>\n

19. Kh\u00f4ng n\u00ean tin b\u1ea5t k\u00ec chuy\u00ean gia n\u00e0o xu\u1ea5t hi\u1ec7n tr\u00ean CNBC nhi\u1ec1u h\u01a1n hai l\u1ea7n m\u1ed9t tu\u1ea7n.<\/p>\n

20. Th\u1ecb tr\u01b0\u1eddng kh\u00f4ng quan t\u00e2m b\u1ea1n tr\u1ea3 bao nhi\u00eau ti\u1ec1n cho m\u1ed9t c\u1ed5 phi\u1ebfu. B\u1ea1n ngh\u0129 gi\u00e1 \u0111\u00f3 m\u1edbi l\u00e0 gi\u00e1 h\u1ee3p l\u00ed, nh\u01b0ng ch\u01b0a ch\u1eafc Mr Market \u0111\u00e3 ngh\u0129 v\u1eady.<\/p>\n

21. Ph\u1ea7n l\u1edbn tin t\u1ee9c th\u1ecb tr\u01b0\u1eddng h\u00e0ng ng\u00e0y s\u1ebd kh\u00f4ng gi\u00fap \u00edch \u0111\u01b0\u1ee3c g\u00ec cho vi\u1ec7c \u0111\u1ea7u t\u01b0 c\u1ee7a b\u1ea1n, n\u1ebfu kh\u00f4ng mu\u1ed1n n\u00f3i l\u00e0 c\u00f3 h\u1ea1i.<\/p>\n

22. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 chuy\u00ean nghi\u1ec7p c\u00f3 ngu\u1ed3n th\u00f4ng tin t\u1ed1t h\u01a1n v\u00e0 h\u1ec7 th\u1ed1ng \u0111\u1ea7u t\u01b0 t\u1ed1t h\u01a1n b\u1ea1n r\u1ea5t nhi\u1ec1u. B\u1ea1n s\u1ebd kh\u00f4ng bao gi\u1edd th\u1eafng \u0111\u01b0\u1ee3c h\u1ecd trong \u0111\u1ea7u t\u01b0 ng\u1eafn h\u1ea1n. \u0110\u1eebng c\u1ed1 th\u1eed.<\/p>\n

23. S\u1ed1 n\u0103m kinh nghi\u1ec7m c\u00f3 m\u1ed9t Fund manager kh\u00f4ng \u0111\u1ea3m b\u1ea3o th\u00e0nh c\u00f4ng trong TTCK. H\u1ecd c\u00f3 th\u1ec3 th\u1ea5t b\u1ea1i trong su\u1ed1t s\u1ef1 nghi\u1ec7p \u0111\u1ea7u t\u01b0. Kinh nghi\u1ec7m kh\u00f4ng \u0111\u1ed3ng ngh\u0129a v\u1edbi chi\u1ebfn th\u1eafng.<\/p>\n

24. Chi ph\u00ed giao d\u1ecbch tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh c\u00e0ng ng\u00e0y c\u00e0ng gi\u1ea3m, v\u00e0 \u0111\u00f3 l\u00e0 tin x\u1ea5u v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0, b\u1edfi n\u00f3 khi\u1ebfn nh\u00e0 \u0111\u1ea7u t\u01b0 trading th\u01b0\u1eddng xuy\u00ean h\u01a1n. Khi chi ph\u00ed giao d\u1ecbch \u0111\u1eaft \u0111\u1ecf, ng\u01b0\u1eddi ta s\u1ebd suy ngh\u0129 th\u1eadt k\u0129 tr\u01b0\u1edbc khi mua b\u00e1n.<\/p>\n

25. \u0110\u1ea7u t\u01b0 chuy\u00ean nghi\u1ec7p l\u00e0 ng\u00e0nh ngh\u1ec1 kh\u00f3 th\u00e0nh c\u00f4ng nh\u1ea5t th\u1ebf gi\u1edbi, nh\u01b0ng l\u1ea1i qu\u00e1 d\u1ec5 \u0111\u1ec3 tham gia v\u00e0 ch\u1ea3 c\u1ea7n b\u1ea5t k\u00ec b\u1eb1ng c\u1ea5p n\u00e0o c\u1ea3. \u0110i\u1ec1u \u0111\u00f3 \u0111\u00e3 t\u1ea1o gia m\u1ed9t th\u1ebf h\u1ec7 \u201cchuy\u00ean gia\u201d ho\u00e0n to\u00e0n kh\u00f4ng hi\u1ec3u h\u1ecd \u0111ang l\u00e0m g\u00ec.<\/p>\n

26. Nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb kh\u00f4ng n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu IPO, b\u1ea1n c\u00f3 qu\u00e1 \u00edt th\u00f4ng tin v\u1ec1 ch\u00fang. Ng\u01b0\u1ee3c l\u1ea1i, ng\u01b0\u1eddi b\u00e1n c\u1ed5 phi\u1ebfu IPO c\u00f3 nhi\u1ec1u th\u00f4ng tin h\u01a1n b\u1ea1n r\u1ea5t nhi\u1ec1u, h\u00e3y suy ngh\u0129 v\u1ec1 \u0111i\u1ec1u \u0111\u00f3. C\u00e1 nh\u00e2n ng\u01b0\u1eddi vi\u1ebft c\u0169ng c\u00f3 1 nguy\u00ean t\u1eafc l\u00e0 ko ch\u01a1i c\u1ed5 phi\u1ebfu m\u1edbi l\u00ean s\u00e0n, v\u00ec m\u00ecnh bi\u1ebft qu\u00e1 \u00edt th\u00f4ng tin, c\u0169ng nh\u01b0 t\u00ednh n\u1ebft, ng\u01b0\u1ee1ng c\u1ea3n, h\u1ed5 tr\u1ee3, s\u1ed1 c\u1ed5 phi\u1ebfu free float\u2026 th\u00f4i th\u00ec ch\u1ecdn con n\u00e0o t\u00ednh n\u1ebft hi\u1ec1n l\u00e0nh, quen thu\u1ed9c v\u1edbi m\u00ecnh chinh chi\u1ebfn cho an t\u00e2m, \u0111\u1ec3 c\u00e1c case kh\u00f3 cho d\u00e2n chuy\u00ean nghi\u1ec7p.<\/p>\n

27. Khi ng\u01b0\u1eddi m\u00f4i gi\u1edbi n\u00f3i v\u1edbi b\u1ea1n ch\u1ec9 c\u1ea7n th\u00f4ng th\u1ea1o \u0111\u1ed3 th\u1ecb, \u0111\u01b0\u1eddng MA, v\u00e0i m\u00f4 h\u00ecnh c\u01a1 b\u1ea3n (vai \u0111\u00edt vai, 2 \u0111\u00e1y, kh\u00e1ng c\u1ef1, h\u1ed7 tr\u1ee3\u2026) l\u00e0 c\u00f3 th\u1ec3 \u201cch\u01a1i\u201d ch\u1ee9ng kho\u00e1n ki\u1ebfm l\u1eddi, h\u00e3y b\u1ecf \u0111i & t\u00ecm ng\u01b0\u1eddi kh\u00e1c \u0111\u00e1ng tin h\u01a1n!<\/p>\n

28. C\u1ee5m t\u1eeb \u201csuy tho\u00e1i k\u00e9p\u201d \u0111\u01b0\u1ee3c t\u00ecm ki\u1ebfm kho\u1ea3ng 10,8 tri\u1ec7u l\u1ea7n v\u00e0o n\u0103m 2010 v\u00e0 2011, theo Google. Nh\u01b0ng \u0111i\u1ec1u \u0111\u00f3 \u0111\u00e3 kh\u00f4ng xu\u1ea5t hi\u1ec7n. Tuy nhi\u00ean, h\u1ea7u nh\u01b0 kh\u00f4ng c\u00f3 \u0111\u1ec1 c\u1eadp n\u00e0o v\u1ec1 \u201ckh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh\u201d \u1edf n\u0103m 2006 v\u00e0 2007. Nh\u01b0ng \u0111i\u1ec1u \u0111\u00f3 \u0111\u00e3 x\u1ea3y ra.<\/p>\n

29. L\u00e3i su\u1ea5t th\u1ef1c c\u1ee7a tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 M\u1ef9 20 n\u0103m l\u00e0 \u00e2m, v\u00e0 r\u1ea5t nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111ang nh\u1ed3i nh\u00e9t ti\u1ec1n v\u00e0o nh\u1eefng tr\u00e1i phi\u1ebfu n\u00e0y. M\u1ecdi t\u00ednh to\u00e1n \u0111\u1ec1u kh\u00f4ng th\u1eafng \u0111\u01b0\u1ee3c s\u1ef1 s\u1ee3 h\u00e3i.<\/p>\n

30. \u0110a s\u1ed1 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u1ebfn gi\u1edd v\u1eabn kh\u00f4ng bi\u1ebft \u0111\u01b0\u1ee3c r\u1eb1ng c\u00e1c c\u1ed1 v\u1ea5n t\u00e0i ch\u00ednh th\u01b0\u1eddng kh\u00f4ng coi tr\u1ecdng l\u1ee3i \u00edch c\u1ee7a b\u1ea1n, h\u1ecd quan t\u00e2m \u0111\u1ebfn ti\u1ec1n ph\u00ed qu\u1ea3n l\u00fd b\u1ea1n \u0111\u00f3ng cho h\u1ecd h\u01a1n.<\/p>\n

31. Qu\u1ef9 ETF l\u00e0 ph\u00e1t minh t\u00e0i ch\u00ednh c\u00f3 \u00edch nh\u1ea5t trong l\u1ecbch s\u1eed. Nh\u00e0m ch\u00e1n, nh\u01b0ng t\u1ed1t.<\/p>\n

32. Nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 xu\u1ea5t s\u1eafc nh\u1ea5t th\u1ebf gi\u1edbi th\u01b0\u1eddng c\u00f3 thi\u00ean h\u01b0\u1edbng gi\u1ecfi t\u00e2m l\u00ed h\u1ecdc h\u01a1n l\u00e0 t\u00e0i ch\u00ednh.<\/p>\n

33. Di\u1ec5n bi\u1ebfn th\u1ecb tr\u01b0\u1eddng trong ng\u1eafn h\u1ea1n th\u01b0\u1eddng l\u00e0 nh\u1eefng thay \u0111\u1ed5i ng\u1eabu nhi\u00ean, kh\u00f3 \u0111o\u00e1n tr\u01b0\u1edbc \u0111\u01b0\u1ee3c. C\u1ed1 g\u1eafng gi\u1ea3i th\u00edch nh\u1eefng chuy\u1ec7n x\u1ea3y ra tr\u00ean th\u1ecb tr\u01b0\u1eddng trong ng\u1eafn h\u1ea1n c\u0169ng gi\u1ed1ng nh\u01b0 c\u1ed1 g\u1eafng gi\u1ea3i th\u00edch k\u1ebft qu\u1ea3 x\u1ed5 s\u1ed1.<\/p>\n

34. V\u1edbi \u0111a s\u1ed1 m\u1ecdi ng\u01b0\u1eddi, t\u00ecm c\u00e1ch \u0111\u1ec3 ti\u1ebft ki\u1ec7m nhi\u1ec1u ti\u1ec1n h\u01a1n n\u1eefa th\u01b0\u1eddng quan tr\u1ecdng h\u01a1n vi\u1ec7c t\u00ecm m\u1ed9t v\u1ee5 \u0111\u1ea7u t\u01b0 h\u1ea5p d\u1eabn.<\/p>\n

35. N\u1ebfu b\u1ea1n vay ng\u00e2n h\u00e0ng \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0o m\u1ed9t c\u00e1i g\u00ec \u0111\u1ea5y, d\u1eebng l\u1ea1i \u0111i. B\u1ea1n s\u1ebd ki\u1ebfm \u0111\u01b0\u1ee3c t\u00e0i s\u1ea3n n\u00e0o c\u00f3 su\u1ea5t sinh l\u1eddi 30% m\u1ed9t n\u0103m \u0111\u00e2u (20% tr\u1ea3 cho ng\u00e2n h\u00e0ng + 10% required return)<\/p>\n

36. M\u1ed9t l\u01b0\u1ee3ng l\u1edbn c\u1ed5 phi\u1ebfu qu\u1ef9 c\u00f4ng ty mua l\u1ea1i l\u00e0 \u0111\u1ec3 b\u00f9 tr\u1eeb v\u1edbi l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu th\u01b0\u1edfng ph\u00e1t h\u00e0nh cho ban gi\u00e1m \u0111\u1ed1c. C\u00e1c gi\u00e1m \u0111\u1ed1c doanh nghi\u1ec7p v\u1eabn coi vi\u1ec7c mua l\u1ea1i c\u1ed5 phi\u1ebfu l\u00e0 \u201ctr\u1ea3 l\u1ea1i ti\u1ec1n cho c\u1ed5 \u0111\u00f4ng.\u201d<\/p>\n

37. Kh\u1ea3 n\u0103ng m\u1ed9t c\u00f4ng ty n\u1ed5i ti\u1ebfng \u0111ang n\u1ee3 \u0111\u1ea7m \u0111\u00eca v\u00e0 gi\u1ea5u n\u1ee3 b\u1eb1ng c\u00e1ch ph\u00f9 ph\u00e9p b\u00e1o c\u00e1o t\u00e0i ch\u00ednh l\u00e0 r\u1ea5t cao.<\/p>\n

38. Hai m\u01b0\u01a1i n\u0103m n\u1eefa, danh s\u00e1ch S&P 500 s\u1ebd kh\u00f4ng c\u00f3 g\u00ec gi\u1ed1ng v\u1edbi ng\u00e0y h\u00f4m nay. C\u00e1c c\u00f4ng ty s\u1ebd bi\u1ebfn m\u1ea5t v\u00e0 b\u1ecb thay th\u1ebf.<\/p>\n

39. M\u01b0\u1eddi hai n\u0103m tr\u01b0\u1edbc, General Motors \u0111ang l\u00e0 t\u1eadp \u0111o\u00e0n l\u1edbn nh\u1ea5t nh\u00ec th\u1ebf gi\u1edbi, v\u00e0 Apple ch\u1ec9 l\u00e0 m\u1ed9t tr\u00f2 c\u01b0\u1eddi. Nh\u1eefng c\u00fa chuy\u1ec3n m\u00ecnh nh\u01b0 v\u1eady s\u1ebd x\u1ea3y ra trong m\u1ed9t th\u1eadp k\u1ec9 t\u1edbi \u0111\u00e2y, nh\u01b0ng kh\u00f4ng ai bi\u1ebft n\u00f3 s\u1ebd x\u1ea3y ra cho c\u00f4ng ty n\u00e0o.<\/p>\n

40. S\u1ebd t\u1ed1t h\u01a1n n\u1ebfu ng\u01b0\u1eddi ta \u0111\u1eebng quan t\u00e2m th\u00e1i qu\u00e1 \u0111\u1ebfn Qu\u1ed1c h\u1ed9i, Ng\u00e2n h\u00e0ng nh\u00e0 n\u01b0\u1edbc v\u00e0 ng\u00e0i Th\u1ee7 T\u01b0\u1edbng, thay v\u00e0o \u0111\u00f3 t\u1eadp trung v\u00e0o vi\u1ec7c qu\u1ea3n l\u00fd t\u00e0i ch\u00ednh c\u1ee7a b\u1ea3n th\u00e2n.<\/p>\n

41. V\u1edbi r\u1ea5t nhi\u1ec1u ng\u01b0\u1eddi, m\u1ed9t ng\u00f4i nh\u00e0 l\u00e0 m\u1ed9t kho\u1ea3n n\u1ee3 \u0111\u01b0\u1ee3c gi\u1ea5u \u0111\u1eb1ng sau m\u00e1c t\u00e0i s\u1ea3n an to\u00e0n.<\/p>\n

42. T\u1ed5ng th\u1ed1ng c\u00f3 \u00edt \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn n\u1ec1n kinh t\u1ebf h\u01a1n nh\u1eefng g\u00ec ng\u01b0\u1eddi ta ngh\u0129.<\/p>\n

43. H\u00e3y t\u0103ng m\u1ee9c ti\u1ec1n d\u00e0nh cho vi\u1ec7c ngh\u1ec9 h\u01b0u c\u1ee7a b\u1ea1n l\u00ean g\u1ea5p \u0111\u00f4i. B\u00e2y gi\u1edd b\u1ea1n \u0111\u00e3 c\u00f3 con s\u1ed1 g\u1ea7n v\u1edbi th\u1ef1c t\u1ebf h\u01a1n.<\/p>\n

44. Cu\u1ed9c suy tho\u00e1i kinh t\u1ebf ti\u1ebfp kh\u00e1c ho\u00e0n to\u00e0n so v\u1edbi suy tho\u00e1i v\u1eeba x\u1ea3y ra.<\/p>\n

45. H\u00e3y nh\u1edb nh\u1eefng g\u00ec Buffett n\u00f3i v\u1ec1 ti\u1ebfn tr\u00ecnh ph\u00e1t tri\u1ec3n: \u201cNg\u01b0\u1eddi xu\u1ea5t hi\u1ec7n \u0111\u1ea7u ti\u00ean l\u00e0 k\u1ebb s\u00e1ng t\u1ea1o, sau \u0111\u00f3 l\u00e0 nh\u1eefng k\u1ebb chuy\u00ean b\u1eaft ch\u01b0\u1edbc, v\u00e0 cu\u1ed1i c\u00f9ng l\u00e0 k\u1ebb ng\u1ed1c.\u201d<\/p>\n

46. V\u00e0 nh\u1edb nh\u1eefng g\u00ec Mark Twain n\u00f3i v\u1ec1 s\u1ef1 th\u1eadt: \u201cM\u1ed9t l\u1eddi n\u00f3i d\u1ed1i c\u00f3 th\u1ec3 \u0111i \u0111\u01b0\u1ee3c n\u1eeda v\u00f2ng tr\u00e1i \u0111\u1ea5t tr\u01b0\u1edbc khi ch\u00e2n t\u01b0\u1edbng s\u1ef1 th\u1eadt \u0111\u01b0\u1ee3c ph\u00e1t hi\u1ec7n ra\u201d.<\/p>\n

47. V\u00e0 nh\u1eefng g\u00ec Marty Whitman n\u00f3i v\u1ec1 th\u00f4ng tin: \u201cC\u00e1c bi\u1ebfn s\u1ed1 quan tr\u1ecdng th\u01b0\u1eddng kh\u00f4ng nhi\u1ec1u h\u01a1n ba hay b\u1ed1n. Nh\u1eefng th\u1ee9 c\u00f2n l\u1ea1i \u0111\u1ec1u kh\u00f4ng quan tr\u1ecdng\u201d.<\/p>\n

48. M\u1ed9t v\u1ee5 th\u00e2u t\u00f3m doanh nghi\u1ec7p c\u00e0ng l\u1edbn th\u00ec kh\u1ea3 n\u0103ng phi v\u1ee5 \u0111\u00f3 th\u1ea5t b\u1ea1i c\u00e0ng cao. CEO r\u1ea5t th\u00edch vi\u1ec7c x\u00e2y d\u1ef1ng \u0111\u1ebf ch\u1ebf \u0111\u1ed9c quy\u1ec1n b\u1eb1ng c\u00e1ch tr\u1ea3 gi\u00e1 qu\u00e1 m\u1ee9c \u0111\u1ec3 mua l\u1ea1i c\u00e1c c\u00f4ng ty kh\u00e1c.<\/p>\n

49. C\u00e1c v\u1ee5 \u0111\u1ea7u t\u01b0 l\u00e3i \u00edt r\u1ee7i ro cao nhi\u1ec1u h\u01a1n g\u1ea5p 10 l\u1ea7n nh\u1eefng v\u1ee5 \u0111\u1ea7u t\u01b0 r\u1ee7i ro \u00edt l\u00e3i cao.<\/p>\n

50. Nh\u1eefng c\u00f4ng ty nh\u00e0m ch\u00e1n nh\u1ea5t \u2013 b\u00e1n kem \u0111\u00e1nh r\u0103ng, th\u1ef1c ph\u1ea9m hay b\u00f3ng \u0111\u00e8n \u2013 c\u00f3 th\u1ec3 l\u00e0 nh\u1eefng n\u01a1i \u0111\u1ec3 \u0111\u1ea7u t\u01b0 d\u00e0i h\u01a1i tuy\u1ec7t v\u1eddi nh\u1ea5t. Nh\u1eefng c\u00f4ng ty mang \u0111\u1ea7y t\u00ednh s\u00e1ng t\u1ea1o l\u1ea1i \u0111\u00f4i l\u00fac c\u00f3 th\u1ec3 l\u00e0 nh\u1eefng th\u1ee9 t\u1ec7 nh\u1ea5t.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

#Rbskienthuc \u0110\u1ea7u t\u01b0 l\u00e0 m\u1ed9t ngh\u1ec7 thu\u1eadt. C\u00f2n ng\u01b0\u1eddi \u0111\u1ea7u t\u01b0 l\u00e0 m\u1ed9t ngh\u1ec7 s\u0129 N\u1ebfu mu\u1ed1n tr\u1edf th\u00e0nh nh\u00e0 \u0111\u1ea7u t\u01b0 th\u00e0nh c\u00f4ng b\u1ea1n ph\u1ea3i n\u1eafm r\u00f5 \u0111\u01b0\u1ee3c b\u1ea3n ch\u1ea5t, n\u1ec1n t\u1ea3ng c\u0169ng nh\u01b0 c\u1ed1t l\u00f5i s\u1ef1 th\u1eadt khi \u0111\u1ea7u t\u01b0  <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-253","post","type-post","status-publish","format-standard","hentry","category-dau-tu"],"_links":{"self":[{"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/posts\/253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/comments?post=253"}],"version-history":[{"count":0,"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/posts\/253\/revisions"}],"wp:attachment":[{"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/media?parent=253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/categories?post=253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/tags?post=253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}