| <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 21pt; mso-char-indent-count: 2.0"><SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">巴菲特是真正做到利用市场的错误赚大钱的人。他的老师格雷厄姆说 <SPAN ><FONT face="Times New Roman">:</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">市场先生有两种极端的性格 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">有时极端兴奋 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">有时布满了惧怕。有时候思想布满聪明 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">有时候患了严重的癫狂症。有时候长达数月之久都消沉寡言 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">有时候又意气风发。更严重的事情是 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">市场先生总是拒绝承认自己是疯狂的 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">因为有无数的研究机构 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">证实市场先生是理性的 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">具有效率的。这些机构设计了 <SPAN ><FONT face="Times New Roman">"</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">β <SPAN ><FONT face="Times New Roman">"</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">值来控制风险 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">又设计了最佳的投资组合来降低风险 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">这些理论让市场先生拒绝承认有病。可是 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">不治理论多么完美 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">市场先生间歇性的发高烧却是不争的事实。 <SPAN ><?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 21pt; mso-char-indent-count: 2.0"><SPAN ><o:p><FONT face="Times New Roman"> </FONT></o:p> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 21pt; mso-char-indent-count: 2.0"><SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">其实错误只有两种 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">不是市场错误就是自己错误。艾略特说 <SPAN ><FONT face="Times New Roman">:</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">波浪理论不会有错 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">错的是艾略特。他的说法和格雷厄姆有点差异 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">但是两个人都在描述不同的事实。要害是 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">你如何利用市场的错误和自己的错误来赚大钱。利用市场的错误要学会价值分析 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">不要被价格的暴涨和暴跌所迷惑。利用自己的错误要学会及时修正 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">不要因一时的得失而陷入被动。因此真正的高手是同时利用市场的错误和自己的错误来赚大钱。 <SPAN ><o:p></o:p> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 21pt; mso-char-indent-count: 2.0"><SPAN ><o:p><FONT face="Times New Roman"> </FONT></o:p> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 21pt; mso-char-indent-count: 2.0"><SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">拿破仑说 <SPAN ><FONT face="Times New Roman">:</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">打胜仗有一个秘诀 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">那就是充分利用敌人的错误。在股市里 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">要利用敌人的错误 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">就要先学会利用市场的错误。可是有人说 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">行情不会有错 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">错的是自己的想法 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">似乎在说明市场总是对的 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">可是格雷厄姆却说 <SPAN ><FONT face="Times New Roman">:</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">市场总是错的。两种说法完全相反 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">到底要相信行情 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">或要相信自己 <SPAN ><FONT face="Times New Roman">?</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">其实 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">碰到此种两难的境界 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">就要先明白自己是做长线 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">或做短线。做长线的人 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">就是在利用市场的错误 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">才找得到最佳的买点和卖点。做短线的人要学会及时修正 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">才不会让损失扩大 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">因此必须正视行情的变化 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">不像做长线的人可以不看盘。换句话说 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">长线是利用市场的错误来赚钱 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">短线是利用行情的变化来赚钱 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">利用错误比利用变化更轻易 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">因为变化很难猜测 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">除非你了解行情未来的意图。 <SPAN ><o:p></o:p> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 21pt; mso-char-indent-count: 2.0"><SPAN ><o:p><FONT face="Times New Roman"> </FONT></o:p> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 21pt; mso-char-indent-count: 2.0"><SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">不管股市也好 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">期货也好 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">利用错误都是赚大钱的捷径 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">只是要利用错误 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">有一个大前提 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">不能迷失于行情之中。一般人受气氛或专家的影响 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">很难跳出市场的气氛 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">陷入迷魂阵而不自知。所以远离市场是避免感染的方法之一。另外相信价值分析也是有效的方法。 <SPAN ><o:p></o:p> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 21pt; mso-char-indent-count: 2.0"><SPAN ><o:p><FONT face="Times New Roman"> </FONT></o:p> <P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 21pt; mso-char-indent-count: 2.0"><SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">在期货市期 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">明白错误在哪里 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">反向操作也是弥补亏损和转亏为盈的要害 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">只是反向操作时要避免两面挨耳光 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">因此仓单的控制很重要 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">不要愈陷愈深。股市也是一样 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">明白错误在哪里 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">往往会发现大机会的存在。失败为成功之母 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">对于会利用错误的人而言 <SPAN ><FONT face="Times New Roman">,</FONT> <SPAN style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">非凡有深刻的含义。 |
