利用市场错误(国外英文资料).docVIP

利用市场错误(国外英文资料) Soros and buffett seem to be two different ways of investing. But after careful analysis of their basic investment principles, you will find that the common ground of their investment ideas is the use of market errors. Both are opposed to mainstream western economics. The orthodox economics education is based on the so-called market fundamentalism, the efficient market hypothesis is the theory basis of the genre and think the market is effective, can automatic correction. See the article reproduced below. Soros, from a philosophical point of view, came to the extremes of the market because of human conformity. Buffett, based on the fundamentals of enterprise values and prices, concluded that the market was bound to be cyclical. So soros is always looking for peoples mistakes, and hes helping to create opportunities to do things. Buffett, for his part, has a chance to take the market by fire. So a formidable financial giant, a venerable investment guru. In the end, they all start from the objective facts, and by their own independent thinking and practice, they conclude a set of effective investment strategies and methods. Has made impressive investment scores. From their success, we can see, in the noise of financial market, people inevitably in the markets mood, also inevitably from a mistake to another. So investing is correcting the publics mistakes. In buffetts words, investing is the discovery of market pricing errors. Many people think that only the stock market can make money. It has been around for a long time in the stock market. So 90% of the people involved in the stock market are losing money. Actually, make money, happen at buy time. Thats what buffett is all about. If you understand that, and do it, you will be an unbeatable general in the stock market. During Mr. Buffetts long investment career, the average annual growth rate was more than 20%. Less than 10% of that comes from growth. The other 10% came from buying undervalued shares. M