{"id":658,"date":"2016-12-18T23:08:29","date_gmt":"2016-12-18T16:08:29","guid":{"rendered":"http:\/\/robostock.vn\/web\/?p=658"},"modified":"2016-12-18T23:08:29","modified_gmt":"2016-12-18T16:08:29","slug":"hoc-hoi-tu-nhung-nha-dau-tu-huyen-thoai-cach-de-tien-lam-viec-cho-ban","status":"publish","type":"post","link":"https:\/\/robostock.vn\/web\/hoc-hoi-tu-nhung-nha-dau-tu-huyen-thoai-cach-de-tien-lam-viec-cho-ban\/","title":{"rendered":"H\u1ecdc h\u1ecfi t\u1eeb nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 huy\u1ec1n tho\u1ea1i c\u00e1ch \u0111\u1ec3 ti\u1ec1n l\u00e0m vi\u1ec7c cho b\u1ea1n"},"content":{"rendered":"<p>\t\t\t\tKi\u1ebfm ti\u1ec1n t\u1ef7 ch\u1ec9 sau m\u1ed9t \u0111\u00eam hay ki\u00ean tr\u00ec dai d\u1eb3ng trong nhi\u1ec1u n\u0103m\u2026 Warren Buffett, Seth Klarman, Ray Dalio, Paul Tudor Jones, m\u1ed7i ng\u01b0\u1eddi c\u00f3 m\u1ed9t chi\u1ebfn thu\u1eadt \u201ch\u00fat ti\u1ec1n v\u00e0o t\u00fai\u201d ri\u00eang, kh\u00f4ng ai gi\u1ed1ng ai.<\/p>\n<p><!--more--><br \/>\n<span id=\"more-1436\"><\/span>\u201cTi\u1ec1n \u0111\u1ebb ra ti\u1ec1n\u201d, k\u1ebft lu\u1eadn s\u00fac t\u00edch nh\u1ea5t \u0111\u01b0\u1ee3c r\u00fat ra t\u1eeb nh\u1eefng nh\u00e0 qu\u1ea3n l\u00fd qu\u1ef9 \u0111\u1ea7u t\u01b0 h\u00e0ng \u0111\u1ea7u t\u1ea1i M\u1ef9. Nhi\u1ec1u ng\u01b0\u1eddi trong s\u1ed1 h\u1ecd gi\u00e0u l\u00ean nh\u1edd \u0111\u1eb7t h\u00e0ng ch\u1ee5c tri\u1ec7u USD v\u00e0o b\u1ea5t c\u1ee9 cu\u1ed9c ch\u01a1i \u0111\u1ea7u t\u01b0 n\u00e0o c\u00f3 ti\u1ec1m n\u0103ng \u0103n l\u00e3i l\u00ean t\u1edbi 50%, ho\u1eb7c th\u1eadm ch\u00ed 100%.<\/p>\n<p>Warren Buffett, Seth Klarman, Ray Dalio, Paul Tudor Jones, m\u1ed7i ng\u01b0\u1eddi c\u00f3 m\u1ed9t chi\u1ebfn thu\u1eadt \u201ch\u00fat ti\u1ec1n v\u00e0o t\u00fai\u201d ri\u00eang.<br \/>\nCarl Icahn, chuy\u00ean gia th\u00f4n t\u00ednh c\u00e1c c\u00f4ng ty (corporate raider) l\u00e0 m\u1ed9t \u0111i\u1ec3n h\u00ecnh. \u00d4ng mua m\u1ed9t lo\u1ea1t c\u00f4ng ty r\u1ed3i \u201cch\u1ecdc ngo\u00e1y\u201d sao cho doanh nghi\u1ec7p b\u1eaft bu\u1ed9c ph\u1ea3i b\u00e1n t\u00e0i s\u1ea3n ho\u1eb7c mua l\u1ea1i m\u1ed9t l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu l\u1edbn th\u00ec th\u00f4i. Hay nh\u01b0 George Soros, ki\u1ebfm \u0111\u01b0\u1ee3c 1 t\u1ef7 b\u1ea3ng Anh ch\u1ec9 sau m\u1ed9t \u0111\u00eam n\u0103m 1992 nh\u1edd ti\u00ean \u0111o\u00e1n nh\u01b0 th\u1ea7n vi\u1ec7c \u0111\u1ed3ng b\u1ea3ng Anh s\u1eafp s\u1eeda m\u1ea5t gi\u00e1. B\u00ean c\u1ea1nh \u0111\u00f3, nhi\u1ec1u nh\u00e0 t\u1ec9 ph\u00fa qu\u1ef9 \u0111\u1ea7u t\u01b0 kh\u00e1c v\u1eabn ki\u1ebfm ti\u1ec1n theo c\u00e1ch c\u0169: l\u1ef1a ch\u1ecdn c\u1ed5 phi\u1ebfu kh\u00f4n ngoan. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 truy\u1ec1n th\u1ed1ng c\u00f3 th\u1ec3 h\u1ecdc h\u1ecfi ph\u1ea7n n\u00e0o t\u1eeb c\u00e1c \u201cng\u00f3n ngh\u1ec1\u201d c\u1ee7a h\u1ecd.<\/p>\n<p><a href=\"http:\/\/robostock.tk\"><strong>1. Warren Buffett<\/strong><\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/scontent-hkg3-1.xx.fbcdn.net\/v\/t1.0-9\/14141493_1243982368987184_8931651755441670552_n.jpg?oh=52b77280c2c7de8c03581d6a188c1ac8&amp;oe=58FADAD9\" alt=\"Image may contain: 1 person, text\" \/><\/p>\n<p>\u0110\u01b0\u1ee3c m\u1ec7nh danh l\u00e0 \u201cnh\u00e0 ti\u00ean tri \u0111\u1ebfn t\u1eeb Ohama\u201d, Warren Buffett l\u00e0 ngu\u1ed3n c\u1ea3m h\u1ee9ng vi\u1ebft l\u00e1ch c\u1ee7a nhi\u1ec1u nh\u00e0 ph\u00e2n t\u00edch, b\u1edfi th\u00e0nh t\u00edch kinh doanh huy ho\u00e0ng. Nh\u1edd \u00f4ng m\u00e0 ch\u1ec9 s\u1ed1 S&amp;P 500 l\u00ean \u0111i\u1ec3m trong su\u1ed1t 24 tr\u00ean 30 n\u0103m v\u1eeba qua, v\u00e0 l\u1ee3i nhu\u1eadn h\u00e0ng n\u0103m trung b\u00ecnh c\u0169ng t\u0103ng 18% trong su\u1ed1t th\u1eddi gian \u0111\u00f3. Chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a Buffett \u0111\u01a1n gi\u1ea3n \u0111\u1ebfn b\u1ea5t ng\u1edd: T\u1eadp trung v\u00e0o nh\u1eefng c\u00f4ng ty c\u00f3 d\u00f2ng ti\u1ec1n t\u1ea1o ra h\u00e0ng n\u0103m th\u1eadt v\u1eefng v\u00e0ng v\u00e0 kh\u00f4ng c\u00f3 nguy c\u01a1 l\u1ed7i th\u1eddi v\u1ec1 c\u00f4ng ngh\u1ec7. \u0110i\u1ec3n h\u00ecnh l\u00e0 c\u00e1c c\u00f4ng ty b\u1ea3o hi\u1ec3m, \u0111\u00f3 l\u00e0 l\u00fd do t\u1ea1i sao trong nh\u1eefng n\u0103m \u0111\u1ea7u s\u1ef1 nghi\u1ec7p h\u1ea7u nh\u01b0 \u00f4ng ch\u1ec9 mua c\u1ed5 phi\u1ebfu c\u1ee7a c\u00e1c c\u00f4ng ty n\u00e0y.<\/p>\n<p><em>Warren Buffett \u0111\u01b0\u1ee3c m\u1ec7nh danh l\u00e0 \u201cnh\u00e0 ti\u00ean tri \u0111\u1ebfn t\u1eeb Ohama\u201d. \u00a0<\/em><\/p>\n<p>Ng\u00e0y nay, Buffett c\u00f2n \u0111\u1ea7u c\u01a1 tr\u00ean nh\u1eefng l\u0129nh v\u1ef1c \u0111a d\u1ea1ng h\u01a1n, nh\u01b0 c\u1ed5 phi\u1ebfu c\u1ee7a Direc TV hay c\u00f4ng ty \u0111i\u1ec1u h\u00e0nh d\u1ecbch v\u1ee5 kh\u00e1m ch\u1eefa DaVita HealthCare. \u0110\u1eb7c \u0111i\u1ec3m chung c\u1ee7a c\u00e1c c\u00f4ng ty n\u00e0y l\u00e0: d\u00f2ng ti\u1ec1n h\u00e0ng n\u0103m r\u1ea5t v\u1eefng v\u00e0ng. Th\u1eddi gian n\u1eafm gi\u1eef c\u1ed5 phi\u1ebfu c\u1ee7a Buffett l\u00e0 bao l\u00e2u? C\u00e2u tr\u1ea3 l\u1eddi l\u00e0 \u201cm\u00e3i m\u00e3i\u201d. Buffett hay \u0111i theo nh\u1eefng \u00fd t\u01b0\u1edfng \u0111\u1ea7u t\u01b0 kh\u00f4n ngoan nh\u1ea5t trong th\u1eddi gian d\u00e0i, tr\u1edf th\u00e0nh nh\u00e0 \u0111\u1ea7u t\u01b0 mua v\u00e0 n\u1eafm gi\u1eef (buy-and-hold) ch\u00ednh hi\u1ec7u.<\/p>\n<p>H\u01a1n m\u1ed9t n\u1eeda danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a c\u00f4ng ty \u00f4ng hi\u1ec7n v\u1eabn d\u00e0nh cho Wells Farrgo, Coca-Cola, IBM v\u00e0 American Express. D\u00f9 \u0111\u00e3 mua t\u1eeb nhi\u1ec1u n\u0103m v\u1ec1 tr\u01b0\u1edbc, nh\u01b0ng \u0111\u1ebfn nay hi\u1ebfm th\u1ea5y Buffett b\u00e1n \u0111i b\u1ea5t c\u1ee9 c\u1ed5 phi\u1ebfu n\u00e0o. Ch\u1eafc ch\u1eafn Buffett kh\u00f4ng ph\u1ea3i nh\u00e0 \u0111\u1ea7u t\u01b0 duy nh\u1ea5t th\u00edch d\u00f9ng ng\u00f3n \u201cc\u1ed5 phi\u1ebfu v\u00f4 t\u1eadn\u201d. Elliott Gue, bi\u00ean t\u1eadp vi\u00ean b\u00e1o Street Authority tin t\u01b0\u1edfng chi\u1ebfn thu\u1eadt n\u00e0y \u0111\u1ebfn m\u1ee9c anh \u0111\u00e3 b\u1ecf s\u00e1u th\u00e1ng v\u00e0 1,3 t\u1ef7 USD \u0111\u1ec3 nghi\u00ean c\u1ee9u, \u0111i t\u00ecm 10 c\u1ed5 phi\u1ebfu buy-and-hold \u0111\u00e1ng \u0111\u1ea7u t\u01b0 nh\u1ea5t.<\/p>\n<pre>\u0110\u00e2y l\u00e0 c\u00e1ch mua c\u1ed5 phi\u1ebfu m\u00e0 ng\u01b0\u1eddi ta th\u01b0\u1eddng g\u1ecdi l\u00e0 \u0111\u1ea7u t\u01b0. Buffet l\u00e0 m\u1ed9t trong nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 thi\u00ean t\u00e0i v\u00e0 th\u00e0nh c\u00f4ng nh\u1ea5t tr\u00ean th\u1ebf gi\u1edbi. N\u1ebfu b\u1ea1n c\u1ea7n 1 ng\u01b0\u1eddi th\u1ea7y th\u00ec Buffet l\u00e0 ng\u01b0\u1eddi th\u1ea7y t\u1ed1t nh\u1ea5t \u0111\u1ec3 gi\u00fap b\u1ea1n th\u00e0nh c\u00f4ng \u1edf th\u1ecb tr\u01b0\u1eddng n\u00e0y. \u00d4ng c\u00f3 c\u00e1ch t\u01b0 duy kh\u00e1c bi\u1ec7t v\u00e0 ki\u00ean \u0111\u1ecbnh trong qu\u00e1 tr\u00ecnh \u0111\u1ea7u t\u01b0. \u00d4ng th\u00e0nh c\u00f4ng kh\u00f4ng ch\u1ec9 \u0111\u01a1n gi\u1ea3n v\u00ec \u00f4ng gi\u1ecfi ph\u00e2n t\u00edch m\u00e0 \u00f4ng th\u00e0nh c\u00f4ng c\u00f2n do \u00f4ng l\u00e0 ng\u01b0\u1eddi gi\u1eef \u0111\u01b0\u1ee3c c\u1ea3m x\u00fac tr\u01b0\u1edbc nh\u1eefng bi\u1ebfn \u0111\u1ed5i c\u1ee7a th\u1ecb tr\u01b0\u1eddng, t\u01b0 duy c\u1ee7a \u00f4ng l\u00e0 m\u1ed9t b\u01b0\u1edbc \u0111\u1ed9t ph\u00e1 l\u00e0 s\u1ef1 k\u1ebft h\u1ee3p c\u1ee7a thi\u00ean t\u00e0i \u0111\u1ea7u t\u01b0 Benjamin Graham v\u00e0 Phillip Fisher c\u1ee7a \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb v\u00e0 \u0111\u1ea7u t\u01b0 t\u0103ng tr\u01b0\u1edfng. V\u00ec v\u1eady n\u1ebfu b\u1ea1n mu\u1ed1n \u0111\u1ea7u t\u01b0 th\u00e0nh c\u00f4ng th\u00ec \u0111\u00e2y l\u00e0 \u0111i\u1ec3m \u0111\u1ebfn c\u1ee7a b\u1ea1n<\/pre>\n<figure id=\"attachment_660\" aria-describedby=\"caption-attachment-660\" style=\"width: 370px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-660 size-full\" src=\"http:\/\/robostock.vn\/ &lt;a href=\" \/><figcaption id=\"caption-attachment-660\" class=\"wp-caption-text\">web \/wp-content\/uploads\/2016\/12\/Capture-1.png&#8221; data-mce-src=&#8221;http:\/\/robostock.vn\/web\/wp-content\/uploads\/2016\/12\/Capture-1.png&#8221; width=&#8221;370&#8243; height=&#8221;485&#8243;&gt; N\u1ebfu b\u1ea1n c\u00f3 th\u00eam c\u00f4ng c\u1ee5 \u0111\u1ec3 h\u1ed7 tr\u1ee3 th\u00ec th\u1eddi gian \u0111\u1ec3 t\u00ecm ra 1 doanh nghi\u1ec7p t\u0103ng tr\u01b0\u1edfng s\u1ebd gi\u1ea3m \u0111\u01b0\u1ee3c \u0111\u00e1ng k\u1ec3<\/figcaption><\/figure>\n<p><a href=\"http:\/\/Robostock.vn\"><strong>2. Seth Klarman<\/strong><\/a><\/p>\n<p>Seth Klarman, \u00f4ng ch\u1ee7 qu\u1ef9 \u0111\u1ea7u t\u01b0 Baupost Group, \u0111\u01b0\u1ee3c t\u00f4n l\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb b\u1eadc th\u1ea7y nh\u1edd v\u00e0o hai nguy\u00ean t\u1eafc: l\u1ef1a ch\u1ecdn c\u1ed5 phi\u1ebfu kh\u00f4n ngoan v\u00e0 \u201cl\u00ec\u201d. Klarman s\u1eb5n s\u00e0ng ch\u1edd \u0111\u1ee3i h\u00e0ng n\u0103m \u0111\u1ec3 c\u01a1 h\u1ed9i kinh doanh ho\u00e0n h\u1ea3o xu\u1ea5t hi\u1ec7n. N\u0103m n\u00e0o c\u0169ng v\u1eady, ph\u1ea3i \u0111\u1ebfn m\u1ed9t n\u1eeda danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a \u00f4ng l\u00e0 ti\u1ec1n m\u1eb7t d\u1ef1 tr\u1eef. Klarman th\u01b0\u1eddng nh\u1eafc \u0111\u1ebfn m\u1ed9t kh\u00e1i ni\u1ec7m \u00edt ai ngh\u0129 t\u1edbi: \u201cbi\u00ean l\u1ed7i\u201d (margin of error). \u00d4ng ch\u1ec9 mua nh\u1eefng c\u00f4ng ty \u00edt c\u00f3 kh\u1ea3 n\u0103ng r\u1edbt gi\u00e1, cho d\u00f9 gi\u1ea3 thi\u1ebft \u0111\u1ea7u t\u01b0 ban \u0111\u1ea7u c\u1ee7a \u00f4ng l\u00e0 sai \u0111i ch\u0103ng n\u1eefa. V\u00e0 h\u01a1n h\u1ebft, \u00f4ng th\u00edch ki\u1ebfm ti\u1ec1n bao nhi\u00eau th\u00ec gh\u00e9t b\u1ecb m\u1ea5t ti\u1ec1n b\u1ea5y nhi\u00eau.<\/p>\n<p><a href=\"http:\/\/chiasethanhcong.net\/wp-content\/uploads\/2015\/07\/Seth-Klarman.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1440 size-full\" src=\"http:\/\/chiasethanhcong.net\/wp-content\/uploads\/2015\/07\/Seth-Klarman.png\" sizes=\"auto, (max-width: 391px) 100vw, 391px\" srcset=\"http:\/\/chiasethanhcong.net\/wp-content\/uploads\/2015\/07\/Seth-Klarman.png 391w, http:\/\/chiasethanhcong.net\/wp-content\/uploads\/2015\/07\/Seth-Klarman-300x227.png 300w\" alt=\"Seth Klarman\" width=\"391\" height=\"296\" \/><\/a><\/p>\n<p><em>Klarman lu\u00f4n \u201cm\u1ed9t m\u00ecnh m\u1ed9t ki\u1ec3u\u201d.<\/em><\/p>\n<p>Th\u00edch \u201cm\u1ed9t m\u00ecnh m\u1ed9t ki\u1ec3u\u201d, Klarman hay t\u00ecm ki\u1ebfm nh\u1eefng c\u00f4ng ty m\u00e0 kh\u00f4ng nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00e0o th\u00e8m \u0111\u1ec3 m\u1eaft. V\u00ed d\u1ee5 \u0111i\u1ec3n h\u00ecnh th\u1ee9 nh\u1ea5t: do h\u1eadu qu\u1ea3 c\u1ee7a v\u1ee5 tr\u00e0n d\u1ea7u t\u1ea1i V\u1ecbnh Mexico, c\u00f4ng ty n\u0103ng l\u01b0\u1ee3ng BP b\u1ecb ch\u1ec9 tr\u00edch th\u1eadm t\u1ec7. Nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f2n sai l\u1ea7m khi cho r\u1eb1ng BP s\u1ebd ph\u1ea3i ch\u1ea5m d\u1ee9t l\u00e0m \u0103n v\u00ec ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi v\u00f4 s\u1ed1 v\u1ee5 ki\u1ec7n. Klarman l\u00e0 m\u1ed9t trong nh\u1eefng ng\u01b0\u1eddi \u0111\u1ea7u ti\u00ean nh\u00ecn ra r\u1eb1ng, BP c\u00f3 \u0111\u1ee7 kh\u1ea3 n\u0103ng v\u01b0\u1ee3t qua c\u01a1n b\u00e3o ki\u1ec7n t\u1ee5ng v\u00e0 quay tr\u1edf l\u1ea1i v\u1edbi n\u1ec1n t\u1ea3ng t\u00e0i ch\u00ednh v\u1eefng ch\u1eafc. V\u00ed d\u1ee5 th\u1ee9 hai, Klarman t\u00edch c\u1ef1c mua c\u1ed5 phi\u1ebfu c\u1ee7a c\u00f4ng ty b\u1ea3o hi\u1ec3m American International ngay sau khi c\u00f4ng ty \u0111\u01b0\u1ee3c ch\u1ee9ng minh s\u1ebd tho\u00e1t kh\u1ecfi b\u1edd v\u1ef1c ph\u00e1 s\u1ea3n. Hi\u1ec7n American International \u0111ang trong giai \u0111o\u1ea1n ph\u1ee5c h\u1ed3i v\u00e0 \u0111em l\u1ea1i l\u1ee3i nhu\u1eadn kh\u1ed5ng l\u1ed3 cho Klarman v\u00e0 nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 li\u1ec1u l\u0129nh kh\u00e1c.<\/p>\n<pre>V\u1edbi ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ea7u t\u01b0 c\u00f3 ph\u1ea7n gi\u1ed1ng Buffet. \u00d4ng t\u00ecm ra nh\u1eefng doanh nghi\u1ec7p gi\u00e1 tr\u1ecb \u0111ang g\u1eb7p giai \u0111o\u1ea1n kh\u1ee7ng ho\u1ea3ng nh\u01b0ng c\u00f3 th\u1ec3 v\u01b0\u1ee3t qua giai \u0111o\u1ea1n kh\u00f3 kh\u0103n \u0111\u00f3 v\u00e0 nh\u1edd \u0111\u00f3 t\u1ea1o ra l\u1ee3i nhu\u1eadn kh\u1ed5ng l\u1ed3.\nNh\u01b0ng b\u1ea1n ch\u1ec9 \u00e1p d\u1ee5ng \u0111\u01b0\u1ee3c ph\u01b0\u01a1ng ph\u00e1p n\u00e0y khi b\u1ea1n th\u1ef1c s\u1ef1 hi\u1ec3u \u0111\u01b0\u1ee3c doanh nghi\u1ec7p m\u00e0 b\u1ea1n \u0111\u1ea7u t\u01b0, bi\u1ebft \u0111\u00e2u l\u00e0 th\u1ebf m\u1ea1nh c\u1ee7a doanh nghi\u1ec7p \u0111\u1ec3 doanh nghi\u1ec7p v\u01b0\u1ee3t qua \u0111\u01b0\u1ee3c kh\u00f3 kh\u0103n.<\/pre>\n<p><a href=\"http:\/\/robostock.vn\"><strong>3. Ray Dalio<\/strong><\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/media.licdn.com\/mpr\/mpr\/AAEAAQAAAAAAAAKcAAAAJDlkNGEzODU2LWNlODAtNDdjMi1hZDFkLTJmNjRjNDU4NjVlYg.jpg\" alt=\"H\u00ecnh \u1ea3nh c\u00f3 li\u00ean quan\" \/><\/p>\n<p><em>Dalio th\u00e0nh c\u00f4ng v\u00ec lu\u00f4n \u0111i theo nh\u1eefng quan \u0111i\u1ec3m ri\u00eang. \u00a0<\/em><\/p>\n<p>Qu\u1ef9 \u0111\u1ea7u c\u01a1 Bridgewater Associates c\u1ee7a Dalio h\u1eb3n nghe l\u1ea1 tai h\u01a1n so v\u1edbi Berkshire Hathaway c\u1ee7a Warren Buffett. Nh\u01b0ng Dalio th\u00edch th\u1ebf. Cho d\u00f9 qu\u1ef9 \u0111\u1ea7u t\u01b0 c\u1ee7a \u00f4ng qu\u1ea3n l\u00fd nh\u1eefng 120 t\u1ef7 USD t\u00e0i s\u1ea3n, \u0111\u01b0\u1ee3c x\u1ebfp v\u00e0o h\u1ea1ng l\u1edbn nh\u1ea5t h\u00e0nh tinh, Dalio v\u1eabn c\u1ed1 t\u00ecnh \u0111\u1ec3 h\u1ed3 s\u01a1 c\u1ee7a m\u00ecnh kh\u00e1 \u201cch\u00ecm\u201d tr\u00ean ph\u1ed1 Wall.<\/p>\n<p>Ch\u1eb3ng ph\u1ea3i t\u1ea1i t\u00ednh t\u00ecnh t\u1ef7 ph\u00fa n\u00e0y kh\u00e9p k\u00edn m\u00e0 l\u00e0 do Dalio mu\u1ed1n m\u00ecnh c\u00f9ng \u0111\u1ed9i ph\u00e2n t\u00edch \u0111\u1ecbnh h\u01b0\u1edbng r\u00f5 n\u00e9t \u0111\u01b0\u1ee3c xu h\u01b0\u1edbng \u0111\u00e1m \u0111\u00f4ng t\u00e1c \u0111\u1ed9ng l\u00ean to\u00e0n ph\u1ed1 Wall. Dalio th\u00e0nh c\u00f4ng v\u00ec lu\u00f4n \u0111i theo nh\u1eefng quan \u0111i\u1ec3m ri\u00eang v\u1ec1 c\u00e1c l\u1ef1c l\u01b0\u1ee3ng kinh t\u1ebf v\u0129 m\u00f4 th\u00fac \u0111\u1ea9y th\u1ecb tr\u01b0\u1eddng c\u1ed5 phi\u1ebfu, tr\u00e1i phi\u1ebfu v\u00e0 h\u00e0ng h\u00f3a \u0111\u1ec3 r\u1ed3i t\u00ecm ki\u1ebfm nh\u1eefng c\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0 \u0103n kh\u1edbp v\u1edbi k\u1ebft lu\u1eadn c\u1ee7a m\u00ecnh. Nh\u1eefng \u0111i\u1ec1u tr\u00ean nghe c\u00f3 v\u1ebb h\u01a1i \u201cqu\u00e1 t\u1ea3i\u201d so v\u1edbi m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n, nh\u01b0ng nh\u1eefng \u00fd t\u01b0\u1edfng c\u01a1 b\u1ea3n c\u1ee7a Dalio c\u0169ng c\u00f3 th\u1ec3 gi\u00fap \u00edch \u00edt nhi\u1ec1u: t\u1eaft b\u00e9ng ti vi, g\u1ea1t b\u1ecf l\u1eddi khuy\u00ean c\u1ee7a chuy\u00ean gia, theo \u0111u\u1ed5i c\u00e1ch ngh\u0129 ri\u00eang v\u1ec1 bi\u1ebfn \u0111\u1ed9ng th\u1ebf gi\u1edbi v\u00e0 kinh t\u1ebf to\u00e0n c\u1ea7u, sau \u0111\u00f3 h\u00ecnh th\u00e0nh l\u1ef1a ch\u1ecdn \u0111\u1ea7u t\u01b0 ri\u00eang cho m\u00ecnh.<\/p>\n<pre>Ray Dalio c\u00f3 m\u1ed9t \u0111i\u1ec3m kh\u00e1c bi\u1ec7t so v\u1edbi Buffet \u0111\u00f3 l\u00e0 \u00f4ng th\u01b0\u1eddng xuy\u00ean t\u00ecm hi\u1ec3u v\u1ec1 t\u00ecnh h\u00ecnh kinh t\u1ebf ch\u00ednh tr\u1ecb v\u00e0 t\u1eeb \u0111\u00f3 t\u00ecm ra \u0111\u01b0\u1ee3c c\u01a1 h\u1ed9i cho m\u00ecnh, c\u00f2n thi\u00ean t\u00e0i Buffet th\u00ec ch\u1ec9 quan t\u00e2m \u0111\u1ebfn gi\u00e1 tr\u1ecb doanh nghi\u1ec7p v\u00e0 ti\u1ec1m n\u0103ng c\u1ee7a doanh nghi\u1ec7p m\u00e0 \u00f4ng \u0111\u1ea7u t\u01b0<\/pre>\n<p><a href=\"http:\/\/robostock.vn\"><strong>4. Paul Tudor Jones<\/strong><\/a><br \/>\n<a href=\"http:\/\/chiasethanhcong.net\/wp-content\/uploads\/2015\/07\/Paul-Tudor-Jones.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1438 size-full\" src=\"http:\/\/chiasethanhcong.net\/wp-content\/uploads\/2015\/07\/Paul-Tudor-Jones.png\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" srcset=\"http:\/\/chiasethanhcong.net\/wp-content\/uploads\/2015\/07\/Paul-Tudor-Jones.png 400w, http:\/\/chiasethanhcong.net\/wp-content\/uploads\/2015\/07\/Paul-Tudor-Jones-300x217.png 300w\" alt=\"Paul Tudor Jones\" width=\"400\" height=\"289\" \/><\/a><\/p>\n<p><em>Paul Tudor Jones\u00a0 l\u00e0 m\u1ed9t huy\u1ec1n tho\u1ea1i \u01b0a th\u00edch bu\u00f4n b\u00e1n h\u01a1n l\u00e0 \u0111\u1ea7u t\u01b0.<\/em><\/p>\n<p>Kh\u00e1c v\u1edbi ba nh\u00e0 \u0111\u1ea7u t\u01b0 v\u0129 \u0111\u1ea1i tr\u00ean, Paul Tudor Jones l\u1ea1i l\u00e0 m\u1ed9t huy\u1ec1n tho\u1ea1i \u01b0a th\u00edch bu\u00f4n b\u00e1n h\u01a1n l\u00e0 \u0111\u1ea7u t\u01b0. M\u1ed7i khi c\u00f3 c\u01a1 h\u1ed9i ki\u1ebfm ti\u1ec1n, Jones s\u1ebd th\u1ef1c hi\u1ec7n \u00fd t\u01b0\u1edfng lu\u00f4n ch\u1ec9 trong v\u00e0i ng\u00e0y, v\u00e0i tu\u1ea7n ho\u1eb7c v\u00e0i th\u00e1ng v\u00e0 ch\u1eafc ch\u1eafn kh\u00f4ng ph\u1ea3i v\u00e0i n\u0103m nh\u01b0 Warren Buffett.<\/p>\n<p>C\u0169ng nh\u01b0 nhi\u1ec1u th\u01b0\u01a1ng nh\u00e2n kh\u00e1c, Jones th\u01b0\u1eddng ki\u1ebfm l\u1eddi t\u1eeb nh\u1eefng bi\u1ebfn \u0111\u1ed9ng kinh t\u1ebf l\u1edbn, c\u00f3 th\u1ec3 l\u00e0 m\u1ed9t b\u00e1o c\u00e1o kinh t\u1ebf g\u00e2y r\u00fang \u0111\u1ed9ng hay m\u1ed9t ch\u00fat thay \u0111\u1ed5i trong ch\u00ednh s\u00e1ch c\u1ee7a FED. Ngay c\u1ea3 trong th\u1eddi gian \u201cs\u00f3ng y\u00ean bi\u1ec3n l\u1eb7ng\u201d, Jones v\u1eabn s\u1ebd quan s\u00e1t ch\u1eb7t ch\u1ebd m\u1ecdi v\u1ecb th\u1ebf mua b\u00e1n m\u00ecnh \u0111ang c\u00f3. N\u1ebfu th\u01b0\u01a1ng v\u1ee5 kh\u00f4ng \u0111i \u0111\u1ebfn \u0111\u00e2u, \u00f4ng s\u1ebd c\u1eaft l\u1ed7 th\u1eb3ng tay. Jones c\u00f2n tin r\u1eb1ng, nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 th\u00f4ng th\u01b0\u1eddng hay m\u1eafc sai l\u1ea7m khi ch\u1ec9 t\u1eadp trung v\u00e0o c\u1ed5 phi\u1ebfu m\u00e0 b\u1ecf qu\u00ean nh\u1eefng c\u01a1 h\u1ed9i kh\u00e1c nh\u01b0 h\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn. \u0110\u00f3 l\u00e0 l\u00fd do t\u1ea1i sao \u00f4ng l\u00e0m vi\u1ec7c v\u1edbi FuturesTrading Association v\u00e0 t\u1ed5 ch\u1ee9c ho\u1ea1t \u0111\u1ed9ng gi\u1ea3ng d\u1ea1y \u0111\u1ec3 gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u01a1n l\u1ebb l\u00e0m \u0103n nh\u01b0 nh\u1eefng tay chuy\u00ean nghi\u1ec7p. Ng\u00e0y nay, gi\u1ed1ng nh\u01b0 nhi\u1ec1u t\u1ec9 ph\u00fa qu\u1ef9 \u0111\u1ea7u t\u01b0 kh\u00e1c, Jones \u0111\u01b0\u1ee3c bi\u1ebft \u0111\u1ebfn qua c\u00e1c ho\u1ea1t \u0111\u1ed9ng t\u1eeb thi\u1ec7n, \u0111\u1eb7c bi\u1ec7t l\u00e0 gi\u00e1o d\u1ee5c. Nh\u1eefng ai tham gia v\u00e0o cu\u1ed9c ch\u01a1i \u0111\u1ea7u t\u01b0 \u0111\u1ec1u c\u00f3 th\u1ec3 h\u1ecdc h\u1ecfi \u00edt nhi\u1ec1u t\u1eeb nh\u1eefng huy\u1ec1n tho\u1ea1i n\u00e0y v\u00e0 ch\u1eafc ch\u1eafn s\u1ebd kh\u00f4ng u\u1ed5ng c\u00f4ng khi kh\u00e1m ph\u00e1 b\u00ed m\u1eadt \u0111\u1eb1ng sau th\u00e0nh c\u00f4ng c\u1ee7a c\u00e1c t\u1ef7 ph\u00fa nh\u01b0 T. Boone Pickens, David Tepper, Carl Icahn, Leon Cooperman v\u00e0 William Ackman. M\u1ed7i nh\u00e0 qu\u1ea3n l\u00fd \u0111\u1ec1u theo \u0111u\u1ed5i m\u1ed9t con \u0111\u01b0\u1eddng kh\u00e1c nhau, h\u00e3y k\u1ebft h\u1ee3p h\u00e0i h\u00f2a nh\u1eefng \u0111\u1eb7c \u0111i\u1ec3m tuy\u1ec7t nh\u1ea5t c\u1ee7a h\u1ecd \u0111\u1ec3 t\u0103ng c\u01a1 h\u1ed9i th\u00e0nh c\u00f4ng cho m\u00ecnh.<\/p>\n<pre>N\u1ebfu b\u1ea1n mu\u1ed1n l\u00e0 m\u1ed9t nh\u00e0 \u0111\u1ea7u c\u01a1 th\u00e0nh c\u00f4ng. Ph\u01b0\u01a1ng ph\u00e1p kinh \u0111i\u1ec3n l\u00e0 s\u1eed d\u1ee5ng l\u1ed7i ho\u1ea3ng lo\u1ea1n v\u00e0 l\u1ed7i ch\u00e1n n\u1ea3n c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0 t\u1ef7 l\u1ec7 th\u1eafng r\u1ea5t cao. NH\u01afNG c\u01a1 h\u1ed9i kh\u00f4ng ph\u1ea3i l\u00fac n\u00e0o c\u0169ng hi\u1ec7n ra. C\u01a1 h\u1ed9i d\u1ea1ng n\u00e0y m\u1ed9t n\u0103m ch\u1ec9 x\u1ea3y ra v\u00e0i l\u1ea7n. \u0110\u1ec3 \u00e1p d\u1ee5ng chi\u1ebfn thu\u1eadt d\u1ea1ng n\u00e0y b\u1ea1n ph\u1ea3i ki\u00ean nh\u1eabn \u0111\u1ec3 gi\u1ea3i ng\u00e2n \u0111\u00fang l\u00fac. \u0110\u1ec3 l\u01b0\u1ee3ng h\u00f3a \u0111\u01b0\u1ee3c s\u1ef1 ho\u1ea3ng lo\u1ea1n n\u00e0y, ch\u00fang t\u00f4i \u0111\u00e3 s\u1eed d\u1ee5ng h\u1ec7 th\u1ed1ng N\u00f3ng\/L\u1ea1nh \u0111\u1ed9c quy\u1ec1n ch\u1ec9 c\u00f3 t\u1ea1i RBS b\u1ea1n c\u00f3 th\u1ec3 tham kh\u1ea3o t\u1ea1i trang robostock.tk ho\u1eb7c li\u00ean h\u1ec7 ch\u00fang t\u00f4i qua trang web n\u00e0y \u0111\u1ec3 bi\u1ebft th\u00eam chi ti\u1ebft.<\/pre>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-665 size-full\" src=\"http:\/\/robostock.vn\/web\/wp-content\/uploads\/2016\/12\/Capture-3.png\" width=\"899\" height=\"238\" \/>\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ki\u1ebfm ti\u1ec1n t\u1ef7 ch\u1ec9 sau m\u1ed9t \u0111\u00eam hay ki\u00ean tr\u00ec dai d\u1eb3ng trong nhi\u1ec1u n\u0103m\u2026 Warren Buffett, Seth Klarman, Ray Dalio, Paul Tudor Jones, m\u1ed7i ng\u01b0\u1eddi c\u00f3 m\u1ed9t chi\u1ebfn thu\u1eadt \u201ch\u00fat ti\u1ec1n v\u00e0o t\u00fai\u201d ri\u00eang, kh\u00f4ng ai gi\u1ed1ng ai.<\/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-658","post","type-post","status-publish","format-standard","hentry","category-dau-tu"],"_links":{"self":[{"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/posts\/658","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=658"}],"version-history":[{"count":0,"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/posts\/658\/revisions"}],"wp:attachment":[{"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/media?parent=658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/categories?post=658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/robostock.vn\/web\/wp-json\/wp\/v2\/tags?post=658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}