{"id":365,"date":"2016-10-03T14:26:08","date_gmt":"2016-10-03T07:26:08","guid":{"rendered":"http:\/\/robostock.vn\/web\/?p=365"},"modified":"2016-10-03T14:26:08","modified_gmt":"2016-10-03T07:26:08","slug":"peter-lynch-dau-tu-chung-khoan-nhu-danh-bac","status":"publish","type":"post","link":"https:\/\/robostock.vn\/web\/peter-lynch-dau-tu-chung-khoan-nhu-danh-bac\/","title":{"rendered":"Peter Lynch: \u0110\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n nh\u01b0 \u0111\u00e1nh b\u1ea1c"},"content":{"rendered":"

\t\t\t\tNh\u00e0 \u0111\u1ea7u t\u01b0 l\u1eebng danh Peter Lynch \u0111\u01b0\u1ee3c bi\u1ebft \u0111\u1ebfn qua vai tr\u00f2 \u0111i\u1ec1u h\u00e0nh m\u1ed9t trong nh\u1eefng qu\u1ef9 \u0111\u1ea7u t\u01b0 h\u00e0ng \u0111\u1ea7u n\u01b0\u1edbc M\u1ef9 l\u00e0 Fidelity Magellan. Theo Lynch, \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n c\u0169ng gi\u1ed1ng nh\u01b0 \u0111\u00e1nh b\u1ea1c – ngo\u00e0i y\u1ebfu t\u1ed1 may m\u1eafn ng\u1eabu nhi\u00ean th\u00ec chi\u1ebfn thu\u1eadt v\u00e0 t\u00e2m l\u00fd \u0111\u00fang \u0111\u1eafn l\u00e0 y\u1ebfu t\u1ed1 g\u00f3p ph\u1ea7n l\u00e0m n\u00ean chi\u1ebfn th\u1eafng.<\/p>\n

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Ch\u01a1i ch\u1ee9ng kho\u00e1n nh\u01b0 \u0111\u00e1nh b\u00e0i Poker<\/strong><\/p>\n

\u201cTh\u1eb3ng th\u1eafn m\u00e0 n\u00f3i th\u00ec kh\u00f4ng c\u00f3 c\u00e1ch n\u00e0o \u0111\u1ec3 t\u00e1ch bi\u1ec7t r\u1ea1ch r\u00f2i gi\u1eefa \u0111\u1ea7u t\u01b0 v\u00e0 \u0111\u00e1nh b\u1ea1c\u201d, Peter Lynch t\u1eebng n\u00f3i. Theo \u00f4ng, \u0111\u1ea7u t\u01b0 \u0111\u01a1n gi\u1ea3n ch\u1ec9 l\u00e0 m\u1ed9t tr\u00f2 c\u00e1 \u0111\u1ed9 trong \u0111\u00f3 b\u1ea1n c\u1ed1 g\u1eafng chi\u1ebfn th\u1eafng nh\u1eefng kh\u00f3 kh\u0103n c\u1ee7a ch\u00ednh m\u00ecnh. V\u00e0 th\u1ef1c t\u1ebf th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n khi\u1ebfn \u00f4ng li\u00ean t\u01b0\u1edfng nhi\u1ec1u nh\u1ea5t \u0111\u1ebfn tr\u00f2 ch\u01a1i b\u00e0i Poker.<\/p>\n

Tr\u00f2 Poker l\u00e0 \u0111\u1eb7t c\u01b0\u1ee3c v\u00e0o v\u00e1n b\u00e0i b\u1ea3y qu\u00e2n. B\u1ed1n trong s\u1ed1 b\u1ea3y qu\u00e2n b\u00e0i s\u1ebd \u0111\u01b0\u1ee3c l\u1eadt ng\u1eeda. Sau khi qu\u00e2n b\u00e0i th\u1ee9 ba hay th\u1ee9 t\u01b0 \u0111\u01b0\u1ee3c chia, ng\u01b0\u1eddi trong cu\u1ed9c s\u1ebd kh\u00e1 d\u1ec5 d\u00e0ng nh\u1eadn ra ai l\u00e0 ng\u01b0\u1eddi c\u00f3 kh\u1ea3 n\u0103ng chi\u1ebfn th\u1eafng, ai c\u00f3 nguy c\u01a1 b\u1ecb thua, ho\u1eb7c c\u00f3 th\u1ec3 d\u1ef1 \u0111o\u00e1n m\u1ed9t c\u00e1ch kh\u00e1 ch\u1eafc ch\u1eafn ng\u01b0\u1eddi n\u00e0o kh\u00f4ng th\u1ec3 th\u1eafng.<\/p>\n

\u0110i\u1ec1u t\u01b0\u01a1ng t\u1ef1 c\u0169ng x\u1ea3y ra \u1edf th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n v\u00ec v\u00f4 s\u1ed1 th\u00f4ng tin s\u1ebd \u1edf trong t\u1ea7m tay b\u1ea1n, v\u1ea5n \u0111\u1ec1 l\u00e0 b\u1ea1n ph\u1ea3i bi\u1ebft t\u00ecm ch\u00fang \u1edf \u0111\u00e2u. B\u1eb1ng c\u00e1ch \u0111\u1eb7t ra nh\u1eefng c\u00e2u h\u1ecfi c\u01a1 b\u1ea3n v\u1ec1 c\u00e1c c\u00f4ng ty, b\u1ea1n s\u1ebd bi\u1ebft c\u00f4ng ty n\u00e0o c\u00f3 th\u1ec3 ph\u00e1t tri\u1ec3n, c\u00f4ng ty n\u00e0o kh\u00f4ng v\u00e0 c\u00f4ng ty n\u00e0o ho\u00e0n to\u00e0n kh\u00f4ng th\u1ec3 d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c.<\/p>\n

M\u1ed7i s\u1ef1 ki\u1ec7n m\u1edbi v\u1ec1 c\u00f4ng ty, nh\u01b0 m\u1ee9c t\u0103ng thu nh\u1eadp, doanh s\u1ed1 hay s\u1ef1 m\u1edf r\u1ed9ng quy m\u00f4\u2026 t\u01b0\u01a1ng t\u1ef1 nh\u01b0 khi m\u1ed9t qu\u00e2n b\u00e0i \u0111\u01b0\u1ee3c l\u1eadt, qua \u0111\u00f3 b\u1ea1n c\u00f3 th\u1ec3 \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh c\u00f3 ti\u1ebfp t\u1ee5c ch\u01a1i v\u00e1n b\u00e0i \u0111\u00f3 hay kh\u00f4ng.<\/p>\n

B\u1ea5t k\u1ef3 ng\u01b0\u1eddi n\u00e0o t\u1eebng ch\u01a1i b\u00e0i \u0111\u1ec1u s\u1edbm nh\u1eadn ra r\u1eb1ng \u1edf \u0111\u00e2u c\u0169ng xu\u1ea5t hi\u1ec7n nh\u1eefng ng\u01b0\u1eddi may m\u1eafn. H\u1ecd l\u00e0 nh\u1eefng ng\u01b0\u1eddi s\u1ebd t\u1ed1i \u0111a h\u00f3a kho\u1ea3n \u0111\u1ea7u t\u01b0 c\u1ee7a m\u00ecnh b\u1eb1ng c\u00e1ch t\u00ednh to\u00e1n k\u1ef9 c\u00e1c c\u01a1 h\u1ed9i c\u1ee7a m\u00ecnh khi qu\u00e2n b\u00e0i \u0111\u01b0\u1ee3c l\u1eadt l\u00ean.<\/p>\n

Nh\u1eefng ng\u01b0\u1eddi th\u1eafng cu\u1ed9c l\u00e0 ng\u01b0\u1eddi ki\u00ean \u0111\u1ecbnh t\u0103ng ti\u1ec1n \u0111\u1eb7t c\u01b0\u1ee3c khi h\u1ecd \u1edf th\u1ebf c\u00f3 l\u1ee3i h\u01a1n, nh\u01b0ng s\u1ebd r\u1eddi cu\u1ed9c ch\u01a1i khi t\u1ef7 l\u1ec7 ph\u1ea7n tr\u0103m th\u1eafng th\u1ea5p. Trong khi \u0111\u00f3, nh\u1eefng ng\u01b0\u1eddi thua cu\u1ed9c th\u01b0\u1eddng l\u00e0 ng\u01b0\u1eddi c\u1ed1 g\u1eafng b\u00e1m l\u1ea5y cu\u1ed9c ch\u01a1i b\u1eb1ng c\u1ea3m x\u00fac hy v\u1ecdng.<\/p>\n

Ng\u01b0\u1eddi th\u1eafng cu\u1ed9c l\u00e0 ng\u01b0\u1eddi s\u1eed d\u1ee5ng l\u00fd tr\u00ed nhi\u1ec1u h\u01a1n. C\u00f2n ng\u01b0\u1eddi thua cu\u1ed9c s\u1eed d\u1ee5ng c\u1ea3m x\u00fac \u0111\u1ec3 l\u1ef1a ch\u1ecdn v\u00e0 ch\u1edd \u0111\u1ee3i ph\u00e9p m\u00e0u.<\/p>\n

Trong ch\u01a1i b\u00e0i Poker, c\u0169ng nh\u01b0 tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, ph\u00e9p m\u00e0u \u00edt khi x\u1ea3y ra v\u00e0 kh\u00f4ng \u0111\u1ee7 \u0111\u1ec3 bi\u1ebfn nh\u1eefng ng\u01b0\u1eddi thua cu\u1ed9c th\u00e0nh nh\u1eefng ng\u01b0\u1eddi chi\u1ebfn th\u1eafng.<\/p>\n

Ph\u01b0\u01a1ng ph\u00e1p \u201c\u0111\u00e1nh b\u1ea1c\u201d c\u1ee7a Peter Lynch<\/strong><\/p>\n

\u201cN\u1ebfu 7 trong 10 c\u1ed5 phi\u1ebfu c\u1ee7a t\u00f4i \u0111\u1ea1t \u0111\u01b0\u1ee3c nh\u1eefng g\u00ec nh\u01b0 k\u1ef3 v\u1ecdng ban \u0111\u1ea7u th\u00ec \u0111i\u1ec1u \u0111\u00f3 khi\u1ebfn t\u00f4i c\u1ef1c k\u1ef3 h\u1ea1nh ph\u00fac\u201d, Peter Lynch n\u00f3i, \u201cC\u00f2n n\u1ebfu 6 tr\u00ean 10 c\u1ed5 phi\u1ebfu \u0111\u01b0\u1ee3c nh\u01b0 mong \u0111\u1ee3i th\u00ec c\u0169ng \u0111\u1ee7 \u0111\u1ec3 bi\u1ebft \u01a1n. V\u00ec 6 tr\u00ean 10 l\u00e0 t\u1ea5t c\u1ea3 nh\u1eefng g\u00ec c\u1ea7n thi\u1ebft \u0111\u1ec3 l\u1eadp n\u00ean m\u1ed9t k\u1ef7 l\u1ee5c v\u1ec1 \u0111\u1ea7u t\u01b0 \u0111\u00e1ng ghen t\u1ef5 \u1edf Ph\u1ed1 Wall\u201d.<\/p>\n

\u0110\u00f3 l\u00e0 l\u00fd do m\u00e0 Peter Lynch lu\u00f4n \u0111a d\u1ea1ng h\u00f3a c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 khi c\u00f2n \u0111i\u1ec1u h\u00e0nh qu\u1ef9 \u0111\u1ea7u t\u01b0 n\u1ed5i ti\u1ebfng Magellan. \u00d4ng b\u1eaft \u0111\u1ea7u \u0111i\u1ec1u h\u00e0nh c\u00f4ng ty t\u1eeb n\u0103m 1977, v\u1edbi kh\u1ed1i t\u00e0i s\u1ea3n ch\u1ec9 18 tri\u1ec7u \u0111\u00f4 la. \u0110\u1ebfn n\u0103m 1990, c\u00f4ng ty \u0111\u1ea1t gi\u00e1 tr\u1ecb 14 t\u1ef7 \u0111\u00f4 la, v\u1edbi 1.000 lo\u1ea1i ch\u1ee9ng kho\u00e1n kh\u00e1c nhau.<\/p>\n

Ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ea7u t\u01b0 c\u1ee7a Peter Lynch l\u00e0 nh\u1eafm v\u00e0o c\u00e1c c\u1ed5 phi\u1ebfu t\u0103ng tr\u01b0\u1edfng. Perter Lynch th\u01b0\u1eddng s\u1ebd ch\u1ecdn nh\u1eefng c\u00f4ng ty v\u1edbi quy m\u00f4 v\u1eeba ph\u1ea3i, kh\u00f4ng d\u1eabn \u0111\u1ea7u th\u1ecb tr\u01b0\u1eddng trong ng\u00e0nh nh\u01b0ng ph\u1ea3i c\u00f3 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng d\u00e0i h\u1ea1n.<\/p>\n

Peter Lynch \u0111\u1eb7t cho c\u00e1c c\u00f4ng ty n\u00e0y nh\u1eefng c\u00e1i t\u00ean kh\u00e1 h\u00e0i h\u01b0\u1edbc, l\u00e0 chi\u1ebfc t\u00fai 10, 20 hay 30 gang. T\u1ee9c gi\u00e1 c\u1ed5 phi\u1ebfu s\u1ebd t\u0103ng nhanh l\u00ean 10, 20 hay 30 l\u1ea7n k\u1ec3 t\u1eeb l\u00fac mua. Nh\u1eefng chi\u1ebfc t\u00fai nhi\u1ec1u gang n\u00e0y s\u1ebd \u0111\u1ee7 \u0111\u1ec1 b\u00f9 l\u1ed7 cho nh\u1eefng kho\u1ea3n \u0111\u1ea7u t\u01b0 ch\u01b0a ch\u1eafc ch\u1eafn trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 \u0111\u00e3 \u0111\u01b0\u1ee3c \u0111a d\u1ea1ng h\u00f3a.<\/p>\n

Nh\u01b0 nh\u00e0 \u0111\u1ea7u t\u01b0 huy\u1ec1n tho\u1ea1i Warren Buffett, Peter Lynch \u0111\u00e3 m\u00ea m\u1ea9n th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n t\u1eeb khi c\u00f2n nh\u1ecf. Nh\u01b0ng khi tr\u01b0\u1edfng th\u00e0nh, thay v\u00ec ch\u1ecdn theo ng\u00e0nh k\u1ebf to\u00e1n hay kinh doanh, \u00f4ng l\u1ea1i h\u1ecdc ng\u00e0nh mang nhi\u1ec1u t\u00ednh ngh\u1ec7 thu\u1eadt h\u01a1n nh\u01b0 t\u00e2m l\u00fd h\u1ecdc, l\u1ecbch s\u1eed v\u00e0 tri\u1ebft h\u1ecdc.<\/p>\n

D\u01b0\u1eddng nh\u01b0 s\u1ef1 chuy\u1ec3n h\u01b0\u1edbng n\u00e0y ch\u00ednh l\u00e0 m\u1ed9t s\u1ef1 chu\u1ea9n b\u1ecb t\u1ed1t h\u01a1n \u0111\u1ec3 Peter Lynch b\u01b0\u1edbc v\u00e0o th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, tr\u1edf th\u00e0nh m\u1ed9t trong nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 th\u00e0nh c\u00f4ng nh\u1ea5t, v\u1edbi th\u00e0nh t\u00edch l\u00e3i trung b\u00ecnh 29% m\u1ed7i n\u0103m.<\/p>\n

B\u1edfi, \u0111i\u1ec1u ki\u1ec7n \u0111\u1ec3 th\u00e0nh c\u00f4ng trong \u0111\u1ea7u t\u01b0 kh\u00f4ng ch\u1ec9 l\u00e0 ch\u1ec9 s\u1ed1 IQ cao, t\u1ea7m hi\u1ec3u bi\u1ebft kinh doanh s\u00e2u s\u1eafc, m\u00e0 c\u00f2n r\u1ea5t c\u1ea7n m\u1ed9t tr\u00ed tu\u1ec7 s\u00e1ng su\u1ed1t v\u00e0 t\u00e2m l\u00fd v\u1eefng v\u00e0ng \u0111\u1ec3 c\u00f3 th\u1ec3 \u0111\u01b0a ra nh\u1eefng quy\u1ebft \u0111\u1ecbnh \u0111\u00fang \u0111\u1eafn.<\/p>\n

Theo V\u0103n L\u1ed9c<\/p>\n

Doanh nh\u00e2n S\u00e0i G\u00f2n<\/p>\n

\n

C\u00f3 m\u1ed9t c\u00e2u chuy\u1ec7n c\u1ee7a Tolstoy k\u1ec3 v\u1ec1 m\u1ed9t ng\u01b0\u1eddi n\u00f4ng d\u00e2n nhi\u1ec1u tham v\u1ecdng. M\u1ed9t v\u1ecb th\u1ea7n h\u1ee9a s\u1ebd cho \u00f4ng ta t\u1ea5t c\u1ea3 khu \u0111\u1ea5t m\u00e0 \u00f4ng ta \u0111i h\u1ebft trong m\u1ed9t ng\u00e0y. Sau khi ch\u1ea1y h\u1ebft t\u1ed1c l\u1ef1c v\u00e0i gi\u1edd, \u00f4ng ta c\u00f3 \u0111\u01b0\u1ee3c m\u1ed9t di\u1ec7n t\u00edch \u0111\u1ea5t r\u1ea5t l\u1edbn, m\u1ed9t l\u01b0\u1ee3ng t\u00e0i s\u1ea3n m\u00e0 ph\u1ea3i m\u1ea5t c\u1ea3 \u0111\u1eddi \u00f4ng c\u0169ng kh\u00f4ng th\u1ec3 c\u00f3 \u0111\u01b0\u1ee3c, m\u1ed9t l\u01b0\u1ee3ng c\u1ee7a c\u1ea3i d\u01b0 th\u1eeba \u0111\u1ec3 c\u1ea3 \u00f4ng v\u00e0 gia \u0111\u00ecnh gi\u00e0u c\u00f3 trong nhi\u1ec1u \u0111\u1eddi. Ng\u01b0\u1eddi n\u00f4ng d\u00e2n ngh\u00e8o \u01b0\u1edbt \u0111\u1eabm m\u1ed3 h\u00f4i v\u00e0 th\u1edf h\u1ed5n h\u1ec3n.<\/p>\n

\u00d4ng ta ngh\u0129 \u0111\u1ebfn vi\u1ec7c d\u1eebng l\u1ea1i \u2013 \u0111i ti\u1ebfp \u0111\u1ec3 l\u00e0m g\u00ec ch\u1ee9? \u2013 nh\u01b0ng \u00f4ng l\u1ea1i kh\u00f4ng th\u1ec3 v\u01b0\u1ee3t qua ch\u00ednh m\u00ecnh. \u00d4ng ta l\u1ea1i ti\u1ebfp t\u1ee5c ch\u1ea1y v\u1edbi tham v\u1ecdng t\u1eadn d\u1ee5ng \u0111\u1ed1i ta c\u01a1 h\u1ed9i c\u1ee7a m\u00ecnh, \u0111\u1ec3 \u0111\u1ebfn cu\u1ed1i c\u00f9ng ch\u1ebft v\u00ec ki\u1ec7t s\u1ee9c.\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"

Nh\u00e0 \u0111\u1ea7u t\u01b0 l\u1eebng danh Peter Lynch \u0111\u01b0\u1ee3c bi\u1ebft \u0111\u1ebfn qua vai tr\u00f2 \u0111i\u1ec1u h\u00e0nh m\u1ed9t trong nh\u1eefng qu\u1ef9 \u0111\u1ea7u t\u01b0 h\u00e0ng \u0111\u1ea7u n\u01b0\u1edbc M\u1ef9 l\u00e0 Fidelity Magellan. Theo Lynch, \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n c\u0169ng gi\u1ed1ng nh\u01b0 \u0111\u00e1nh b\u1ea1c – ngo\u00e0i y\u1ebfu t\u1ed1 may m\u1eafn ng\u1eabu nhi\u00ean th\u00ec chi\u1ebfn thu\u1eadt v\u00e0 t\u00e2m l\u00fd \u0111\u00fang \u0111\u1eafn … Continue reading “Peter Lynch: \u0110\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n nh\u01b0 \u0111\u00e1nh b\u1ea1c”<\/span><\/a><\/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-365","post","type-post","status-publish","format-standard","hentry","category-dau-tu"],"_links":{"self":[{"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/posts\/365","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=365"}],"version-history":[{"count":0,"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/posts\/365\/revisions"}],"wp:attachment":[{"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/media?parent=365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/categories?post=365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/tags?post=365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}