Chapter 023: The Way of Investment
Masayoshi Kishimoto returned home and stood in the foyer, flicking the snow off his coat and head. He changed into his own pair of slippers and stepped inside.
After he had put away his bankbook, personal seal, and other items, and after another half hour or so, Sakai Rie was the one who had made the midday meal. As always, the two sat face to face at the dining room table.
“I haven’t seen you this morning, where have you been?” Rie Sakai asked absently.
“First, I went to the bank, then I ate some kanto boiled food, drank some sake, and blew off some Japanese and Korean economic talk within a small restaurant that I used to frequent. In the end, the owner of the restaurant was so happy that he even waived my bill.” Masayoshi Kishimoto truthfully said with a smile on his face.
Sakai Rie looked at the joyful look that surfaced on his face and said, “Looking at you, you should be blowing off some steam.
Since you have this ability to eat for nothing, then blow me as well! If you are able to blow my brains out, I will also give you a freebie.”
Masayoshi Kishimoto stared at her silently for a few seconds, then realized that she wasn’t joking. The worse the economy got, even people who didn’t understand the economy would be unusually concerned about it.
After all, it was only when the economy improved that more jobs would be provided so that I could have the opportunity to benefit from it.
The better the economy is, the people who don’t understand the economy, on the contrary, don’t care, only like the stock market above the retail investors and so on, but become particularly active. They tend to behave is, the stock god is not his general.
“Read the university that one time, I most admire Soros, the operation is skillful people bold, big open and close, in the short term will be able to obtain huge gains, across the four seas of the financial market.
He this a London School of Economics to study philosophy, once motivated to want to become a philosopher, but engaged in the financial industry, became a capital predator.
Soros used the strategy of three-dimensional speculation, not a single just foreign exchange operations. The so-called three-dimensional speculation, is the use of three or more financial instruments between the correlation of financial speculation.
He once also implied that people, make money to a greater extent is the way of speculation. Because economic history is a serial drama based on falsehoods and lies.
Soros is also particularly good at using financial leverage to create a herd effect brought about by panic in the financial markets. He did not kill people directly, but indirectly.
Although the rules of the financial game is the strongest and the weakest, there is no blame, but every time he made things in the financial market above will inevitably be someone will be bankrupt and commit suicide.
His life led the speculative capital in the financial market waves, overturning the river, scraping away the wealth of many countries. As you can see, he was extremely aggressive.
Nowadays, I have changed. A gentleman loves money, and there is a way to take it. If you make money, don’t make other people’s homes fall apart.” Masayoshi Kishimoto said as he ate.
“So, you have a clear conscience, that’s why you sold the bouncy house.” Rie Sakai paused the action of pinching food on the top of her right hand and looked up at him for a moment and said.
“Yes. I don’t think Soros is considered an investor, but a speculator. Warren Buffett is the real investor. He tends to invest over the medium to long term.
He famously said that if you’re not prepared to hold a stock for 10 years, then don’t even hold it for 10 minutes.
Warren Buffett loves to drink cherry flavored Coca-Cola in addition to being charitable. He also has a good image for the world. At the very least, it won’t be like Soros who walks through places that are bound to be littered with corpses.
Of course, the two have such a big contrast, but also with the origin, personal growth experience is inextricably linked. Soros is in the Second World War in the middle of the death has been escaped, after all, is as a Jew.
He learned the skills of survival from the danger of life and death. Two of these lessons have been very helpful to his investment career since then, the first is not to be afraid to take risks, and the second is not to bet all of your money when taking risks.
Later, he immigrated to England with his family. His impression of London was that it was not a poor man’s world but a rich man’s paradise.
He could only rely on odd jobs to make ends meet, and there was no fun or freshness in his life. At that time, he was only seventeen years old.
On top of this one, our fellow founder of Mitsubishi, Yataro Iwasaki, said something similar, that only when you have money will you have social status, and others will respect you.” Masayoshi Kishimoto spoke eloquently.
He paused here, slightly observing the other party’s reaction. To his own surprise, Sakai Rie, a senior student of Tokyo University of the Arts, was actually very interested in financial matters.
Kishimoto Masayoshi thought for a moment, it seems that all individuals are interested in matters related to money. The pursuit of art is also inseparable from money.
Without money, how can one study art? Just that one professional Western flute of hers alone was not cheap. To be precise, it is very expensive. The material of this flute is made of platinum.
And vulgar, show off what have nothing to do with, after all, is with the sound quality has a close relationship. Flute is a test of the player’s breath control, to find a suitable entry point, in order to blow out a nearly perfect rhythm. Only a professional flute made of precious metals can achieve such a presentation.
Masayoshi Kishimoto continued, “Buffett was born into a wealthy family as a child, and his father was also a member of Congress. Although he also experienced World War II, the United States mainland could not have suffered the devastation of war.
Buffett applied for Harvard University was rejected, enrolled in Columbia University Business School, under the tutelage of the famous investment theorist Benjamin Graham. Graham.
Buffett married Susan Thompson. Buffett married Susan Thompson, whose parents were longtime friends. Susan and Buffett’s sister Roberta were dormitory mates at Northwestern University.
When Buffett stopped by to visit her and asked for her hand in marriage, Susan left her college to marry him. Mrs. Buffett grew up only a block and a half from Buffett’s home.
Mrs. Buffett also came from a wealthy family. Door-to-door marriage is spoken of in any country in the world. In this regard, why did Soros and Buffett choose very different financial paths?
Soros can put that sentence, I was born penniless, but must not die still poor words hanging in his office for a constant reminder, also proves that he grew up in poverty, forging a different character from the children of the rich class.
Buffett belongs to God’s favorite, good birth, high talent …… a start is a full body gold equipment. He bought his first stock at the age of 11, which also reflects his talent in this area. Buffett said, he once why will invest in Coca-Cola, because good drink ah!
In 1980, he bought a 7% stake in Coca-Cola for $120 million at a single price of $10.96 per share. By 1985, Coca-Cola changed its business strategy and began pumping money back into beverage production.
The unit price of its stock had risen to $51.50, a fivefold increase. As for how much it made, the amount could stagger investors around the world.
Just as Peter Lynch, a legend in the history of funds? Lynch had made the same remarks to the average investor, buy shares in companies that you feel good about using around you, those commodities.”