Investment success doesn't come from "buying good things",
but rather from "buying things well"
(投資成功不是因為買到好東西,而是因為「買得好」。)
~by Howard Marks, The Most Important Thing: Uncommon Sense for the Thoughtful Investor
"chenjen"請教強大,
1.公用事業是屬於防禦型類股嗎? 也就是說當資金偏好風險時,會賣出公用事業.
當風險意識上升時,資金會進公用事業避險,進而推升公用事業價格嗎? 我這樣的理解對嗎?
2.那公用事業是否和美公債價格會同向呢?
3.如果上述想法是對的,是否表示,當未來Fed宣布升息時,或投資人預期升息時,風險資產價格跌,
此時,我們可以進公用事業去避險,這樣的邏輯和做法對嗎?
Investment success doesn't come from "buying good things",
but rather from "buying things well"
(投資成功不是因為買到好東西,而是因為「買得好」。)
~by Howard Marks, The Most Important Thing: Uncommon Sense for the Thoughtful Investor