{"id":2276,"date":"2020-01-06T06:51:56","date_gmt":"2020-01-06T06:51:56","guid":{"rendered":"http:\/\/tvtinvest.com\/?p=2276"},"modified":"2020-02-11T10:25:59","modified_gmt":"2020-02-11T10:25:59","slug":"nha-dau-tu-mark-mobius-va-cac-quan-diem-dau-tu-cua-ong","status":"publish","type":"post","link":"http:\/\/tvtinvest.com\/?p=2276","title":{"rendered":"NH\u00c0 \u0110\u1ea6U T\u01af MARK MOBIUS V\u00c0 C\u00c1C QUAN \u0110I\u1ec2M \u0110\u1ea6U T\u01af C\u1ee6A \u00d4NG"},"content":{"rendered":"

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\"L\u1eddi<\/p>\n

Mark Mobius – <\/strong>sinh ng\u00e0y 17 th\u00e1ng 8 n\u0103m 1936.\u00a0\u00d4ng c\u00f3 cha l\u00e0 ng\u01b0\u1eddi \u0110\u1ee9c v\u00e0 m\u1eb9 l\u00e0 ng\u01b0\u1eddi Puerto Rico. Sau \u0111\u00f3 \u00f4ng theo gia \u0111\u00ecnh sang sinh s\u1ed1ng t\u1ea1i Hempstead, New York. C\u1ea3 tu\u1ed5i th\u01a1 c\u1ee7a Mobius tr\u00f4i qua \u00eam \u0111\u1ec1m d\u01b0\u1edbi s\u1ef1 gi\u00e1m s\u00e1t h\u1ecdc h\u00e0nh t\u1eeb ng\u01b0\u1eddi cha, \u00f4ng \u0111\u00e3 b\u1ed9c l\u1ed9 n\u0103ng khi\u1ebfu h\u1ecdc h\u00e0nh \u2013 nghi\u00ean c\u1ee9u s\u1ed1 h\u1ecdc t\u1eeb kh\u00e1 s\u1edbm.<\/span><\/p>\n

N\u0103m 1987, Mobius gia nh\u1eadp Templeton v\u00e0 nh\u1eadn ch\u1ee9c l\u00e0 ch\u1ee7 t\u1ecbch \u0111i\u1ec1u h\u00e0nh c\u1ee7a T\u1eadp \u0111o\u00e0n Th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i Templeton. T\u1ea1i Templeton, \u00f4ng th\u00e0nh l\u1eadp v\u00e0 ch\u1ec9 \u0111\u1ea1o nh\u00f3m nghi\u00ean c\u1ee9u chi ti\u1ebft c\u00e1c th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, th\u1eddi b\u1ea5y gi\u1edd \u0111ang c\u00f3 s\u1eb5n tr\u1ee5 s\u1edf t\u1ea1i 18 v\u0103n ph\u00f2ng th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i to\u00e0n c\u1ea7u v\u00e0 qu\u1ea3n l\u00fd h\u01a1n 50 t\u1ef7 \u0111\u00f4 la trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i. Qu\u1ef9 n\u00e0y \u0111\u1ecbnh h\u01b0\u1edbng ph\u00e2n b\u1ed5 danh m\u1ee5c \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c l\u0129nh v\u1ef1c nh\u01b0 chu\u1ed7i nh\u00e0 h\u00e0ng, x\u00e2y d\u1ef1ng, th\u1ef1c ph\u1ea9m, d\u1ecbch v\u1ee5, du l\u1ecbch v\u00e0 logistics.\u00a0N\u0103m 2018, Templeton tuy\u00ean b\u1ed1 quy\u1ebft \u0111\u1ecbnh ngh\u1ec9 h\u01b0u c\u1ee7a Mobius t\u1eeb Franklin Templeton c\u00f3 hi\u1ec7u l\u1ef1c t\u1eeb ng\u00e0y 31 th\u00e1ng 1 n\u0103m 2018. Khi \u1ea5y \u00f4ng \u0111\u00e3 g\u1ea7n 82 tu\u1ed5i.<\/span><\/p>\n

Ch\u01b0a \u0111\u1ea7y 4 th\u00e1ng sau khi r\u1eddi Qu\u1ef9 Franklin Templeton Investments, Mark Mobius \u0111\u00e3 th\u00e0nh l\u1eadp m\u1ed9t qu\u1ef9 qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n m\u1edbi \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i. Mobius Capital Partners LLP, t\u00ean c\u1ee7a qu\u1ef9, ch\u01b0a c\u00f3 k\u1ebf ho\u1ea1ch h\u1ee3p t\u00e1c v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00ean ngo\u00e0i v\u00e0 mu\u1ed1n huy \u0111\u1ed9ng kho\u1ea3ng m\u1ed9t t\u1ef7 USD trong 2-3 n\u0103m t\u1edbi. Nh\u00e0 \u0111\u1ea7u t\u01b0 huy\u1ec1n tho\u1ea1i v\u00e0 n\u0103ng \u0111\u1ed9ng d\u1ef1 \u0111\u1ecbnh s\u1ebd qu\u1ea3n l\u00fd m\u1ed9t danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u00f4 \u0111\u1eb7c g\u1ed3m kho\u1ea3ng 40 c\u1ed5 phi\u1ebfu. D\u1ef1 \u0111\u1ecbnh c\u1ee7a qu\u1ef9 l\u00e0 tham gia \u0111\u1ea7u t\u01b0 v\u00e0o 1 s\u1ed1 th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i nh\u01b0 Trung Qu\u1ed1c, \u1ea4n \u0110\u1ed9, ch\u00e2u M\u1ef9 Latin v\u00e0 t\u1ea5t nhi\u00ean kh\u00f4ng th\u1ec3 thi\u1ebfu Vi\u1ec7t Nam.<\/span><\/p>\n

C\u00e1c c\u1ed5 phi\u1ebfu Vi\u1ec7t Nam \u0111\u01b0\u1ee3c Mobius \u01b0a th\u00edch theo \u00f4ng b\u1eadt m\u00ed th\u01b0\u1eddng l\u00e0 nh\u1eefng doanh nghi\u1ec7p \u0111\u1ea7u ng\u00e0nh ti\u00eau d\u00f9ng, s\u1ea3n xu\u1ea5t v\u00e0 d\u01b0\u1ee3c ph\u1ea9m c\u1ee7a Vi\u1ec7t Nam\u2026 Ch\u1ee7 y\u1ebfu \u0111\u1ec1u l\u00e0 nh\u1eefng doanh nghi\u1ec7p h\u00e0ng \u0111\u1ea7u trong l\u0129nh v\u1ef1c kinh doanh c\u1ee7a m\u00ecnh v\u00e0 h\u1ea7u h\u1ebft l\u00e0 nh\u1eefng c\u1ed5 phi\u1ebfu \u0111\u00e3 h\u1ebft room ngo\u1ea1i.<\/span><\/p>\n

Trong giai \u0111o\u1ea1n th\u1eddi k\u00ec tr\u1ea3i d\u00e0i l\u1ecbch s\u1eed th\u1ecb tr\u01b0\u1eddng, khi ch\u1ec9 s\u1ed1 S&P 500 c\u1ee7a th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n M\u1ef9 \u0111\u00e3 hai l\u1ea7n m\u1ea5t g\u1ea7n 50% gi\u00e1 tr\u1ecb th\u1ebf nh\u01b0ng l\u1ea7n thi\u1ec7t h\u1ea1i l\u1edbn nh\u1ea5t c\u1ee7a \u00f4ng ch\u1ec9 m\u1ea5t ch\u01b0a t\u1edbi 12%. Tuy nhi\u00ean hi\u1ec7u su\u1ea5t sinh l\u1eddi l\u1ea1i l\u00ean t\u1edbi g\u1ea7n 20% \u0111\u1ec1u \u0111\u1eb7n trong su\u1ed1t chu k\u1ef3 \u0111\u1ea7u t\u01b0 c\u1ee7a \u00f4ng. Qua nh\u1eefng th\u0103ng tr\u1ea7m c\u1ee7a th\u1ecb tr\u01b0\u1eddng, \u00f4ng th\u1eeba nh\u1eadn m\u00ecnh ch\u00ednh l\u00e0 ng\u01b0\u1eddi h\u1ebft s\u1ee9c ki\u00ean nh\u1eabn v\u00e0 lu\u00f4n t\u1ef1 \u0111\u1eb7t ra 2 c\u00e2u h\u1ecfi trong \u0111\u1ea7u m\u1ed7i khi b\u1eaft tay v\u00e0o m\u1ed9t phi v\u1ee5 \u0111\u1ea7u t\u01b0.<\/span><\/p>\n

Hai c\u00e2u h\u1ecfi th\u01b0\u1eddng tr\u1ef1c \u0111\u00f3 \u0111\u01b0\u1ee3c \u00f4ng chia s\u1ebb tr\u00ean Bloomberg nh\u01b0 sau:<\/span><\/p>\n

1.Th\u1ebf n\u00e0o l\u00e0 m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 th\u1eadt s\u1ef1?<\/em><\/strong><\/span><\/p>\n

Theo Mobius, nh\u00e0 \u0111\u1ea7u t\u01b0 th\u1eadt s\u1ef1 \u00edt khi b\u1ecb bu\u1ed9c ph\u1ea3i b\u00e1n nh\u1eefng c\u1ed5 ph\u1ea7n c\u1ee7a m\u00ecnh, v\u00e0 v\u00e0o t\u1ea5t c\u1ea3 c\u00e1c th\u1eddi \u0111i\u1ec3m kh\u00e1c th\u00ec anh ta ho\u00e0n to\u00e0n kh\u00f4ng c\u1ea7n ph\u1ea3i quan t\u00e2m t\u1edbi gi\u00e1 ni\u00eam y\u1ebft hi\u1ec7n t\u1ea1i.<\/em><\/span><\/p>\n

Nh\u00e0 \u0111\u1ea7u t\u01b0 ch\u1ec9 c\u1ea7n h\u00e0nh \u0111\u1ed9ng trong ch\u1eebng m\u1ef1c ph\u00f9 h\u1ee3p v\u1edbi s\u1ef1 thay \u0111\u1ed5i gi\u00e1 tr\u1ecb c\u01a1 s\u1edf c\u1ee7a doanh nghi\u1ec7p, v\u00e0 kh\u00f4ng c\u1ea7n h\u01a1n. Do v\u1eady, nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00e0o m\u00e0 \u0111\u1ec3 m\u00ecnh b\u1ecb b\u1ea5n lo\u1ea1n hay lo l\u1eafng qu\u00e1 \u0111\u00e1ng v\u00ec nh\u1eefng l\u1ea7n gi\u1ea3m gi\u00e1 th\u1ecb tr\u01b0\u1eddng m\u1ed9t c\u00e1ch v\u00f4 l\u00fd v\u1edbi nh\u1eefng c\u1ed5 ph\u1ea7n c\u1ee7a m\u00ecnh, th\u00ec anh ta \u0111ang bi\u1ebfn l\u1ee3i th\u1ebf c\u01a1 b\u1ea3n c\u1ee7a m\u00ecnh th\u00e0nh b\u1ea5t l\u1ee3i c\u01a1 b\u1ea3n m\u1ed9t c\u00e1ch tai h\u1ea1i<\/em>.<\/span><\/p>\n

Khi th\u1ecb tr\u01b0\u1eddng s\u1ee5t gi\u1ea3m, c\u1ed5 phi\u1ebfu n\u1eafm gi\u1eef tr\u01b0\u1ee3t d\u00e0i, s\u1ebd l\u00e0 thua l\u1ed7 th\u1eadt s\u1ef1 n\u1ebfu nh\u00e0 \u0111\u1ea7u t\u01b0 chuy\u1ec3n t\u1eeb kho\u1ea3n l\u1ed7 tr\u00ean l\u00fd thuy\u1ebft th\u00e0nh th\u1ef1c t\u1ebf. M\u1eb7c d\u00f9 gi\u00e1 gi\u1ea3m, t\u00e0i s\u1ea3n b\u1ed1c h\u01a1i kh\u00f4ng l\u00fd do, nh\u01b0ng m\u1ed9t khi gi\u00e1 tr\u1ecb c\u01a1 s\u1edf c\u1ee7a doanh nghi\u1ec7p v\u1eabn t\u1ed1t th\u00ec nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean gi\u1eef v\u1eefng ni\u1ec1m tin \u0111\u1ec3 kh\u00f4ng b\u1ecb cu\u1ed1n theo \u0111\u00e1m \u0111\u00f4ng.<\/span><\/p>\n

S\u1ebd t\u1ed1t h\u01a1n \u0111\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0, n\u1ebfu ch\u1ee9ng kho\u00e1n c\u1ee7a anh ta kh\u00f4ng h\u1ec1 c\u00f3 b\u00e1o gi\u00e1 th\u1ecb tr\u01b0\u1eddng. L\u00fac \u0111\u00f3, nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd tho\u00e1t kh\u1ecfi s\u1ef1 \u0111au kh\u1ed5 t\u00e2m l\u00fd g\u00e2y ra t\u1eeb nh\u1eefng sai l\u1ea7m trong \u0111\u00e1nh gi\u00e1 c\u1ee7a ng\u01b0\u1eddi kh\u00e1c.<\/span><\/p>\n

T\u00f3m l\u1ea1i, c\u00e1c dao \u0111\u1ed9ng v\u1ec1 gi\u00e1 v\u00e0 th\u1ecb tr\u01b0\u1eddng ch\u1ec9 c\u00f3 m\u1ed9t \u00fd ngh\u0129a \u0111\u00e1ng ch\u00fa \u00fd v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 th\u1ef1c th\u1ee5. Nh\u1eefng l\u1ea7n dao \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng, l\u1edbn hay nh\u1ecf v\u00e0 t\u0103ng hay gi\u1ea3m, s\u1ebd t\u1ea1o c\u01a1 h\u1ed9i cho nh\u00e0 \u0111\u1ea7u t\u01b0 mua r\u1ebb b\u00e1n \u0111\u1eaft<\/em>.<\/span><\/p>\n

C\u00f2n v\u00e0o nh\u1eefng l\u00fac kh\u00e1c, s\u1ebd t\u1ed1t h\u01a1n cho m\u1ecdi nh\u00e0 \u0111\u1ea7u t\u01b0 n\u1ebfu anh ta t\u1eadp trung v\u00e0o k\u1ebft qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a doanh nghi\u1ec7p.<\/span><\/p>\n

\u0110\u00f4i khi tr\u00ean th\u1ecb tr\u01b0\u1eddng x\u1ea3y ra t\u00ecnh h\u00ecnh k\u1ebft qu\u1ea3 kinh doanh n\u0103m c\u1ee7a doanh nghi\u1ec7p kh\u00e1 s\u00e1ng s\u1ee7a, trong khi m\u1ed9t s\u1ed1 c\u1ed5 phi\u1ebfu gi\u00e1 c\u1ee7a ch\u00fang l\u1ea1i r\u01a1i v\u00e0o v\u00f2ng xo\u00e1y gi\u1ea3m chung. \u0110\u00e2u \u0111\u00f3, nh\u00e0 \u0111\u1ea7u t\u01b0 th\u00f4ng minh nh\u00ecn v\u00e0o \u0111\u00e2y v\u00e0 th\u1ea5y c\u01a1 h\u1ed9i. Nh\u01b0 m\u1ed9t c\u00e2u n\u00f3i n\u1ed5i ti\u1ebfng, “Hai ng\u01b0\u1eddi c\u00f9ng nh\u00ecn ra song c\u1eeda nh\u00e0 t\u00f9, m\u1ed9t ng\u01b0\u1eddi nh\u00ecn th\u1ea5y b\u00f9n \u0111en, c\u00f2n ng\u01b0\u1eddi kia th\u1ea5y nh\u1eefng v\u00ec sao”.<\/span><\/p>\n

2. \u0110\u1ed1i di\u1ec7n nh\u01b0 th\u1ebf n\u00e0o khi th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n lao d\u1ed1c?<\/em><\/strong><\/span><\/p>\n

Khi n\u00e0o ch\u1ee9ng kho\u00e1n ng\u1eebng r\u01a1i? Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n khi n\u00e0o tr\u1edf l\u1ea1i v\u00e0 r\u1eb1ng \u0111\u00e2u l\u00e0 \u0111i\u1ec3m \u0111\u00e1y c\u1ee7a th\u1ecb tr\u01b0\u1eddng? Ch\u00ednh Mobius c\u0169ng kh\u00f4ng gi\u1ecfi d\u1ef1 \u0111o\u00e1n nh\u1eefng \u0111i\u1ec1u n\u00e0y.<\/span><\/p>\n

Nh\u01b0ng \u00f4ng ch\u1eafc ch\u1eafn r\u1eb1ng s\u1ebd kh\u00f4ng \u0111\u1ec3 b\u1ea3n th\u00e2n lo l\u1eafng qu\u00e1 m\u1ee9c \u0111\u1ebfn nh\u1eefng di\u1ec5n bi\u1ebfn \u1edf c\u1ea3 trong v\u00e0 ngo\u00e0i n\u01b0\u1edbc. Thay v\u00ec ch\u0103m ch\u0103m nh\u00ecn v\u00e0o nh\u1eefng kh\u00eda c\u1ea1nh th\u00f4ng tin b\u00ean ngo\u00e0i doanh nghi\u1ec7p, \u00f4ng d\u1ed3n m\u1ecdi s\u1ef1 t\u1eadp trung \u0111\u1ec3 ph\u00e2n t\u00edch gi\u00e1 tr\u1ecb n\u1ec1n t\u1ea3ng c\u1ee7a c\u1ed5 phi\u1ebfu m\u00e0 \u00f4ng \u0111\u00e3 s\u1edf h\u1eefu, v\u00e0 xem c\u00f3 n\u00ean ti\u1ebfp t\u1ee5c gi\u1eef ch\u00fang hay kh\u00f4ng.<\/span><\/p>\n

Th\u1ef1c t\u1ebf, \u00f4ng cho r\u1eb1ng th\u1ecb tr\u01b0\u1eddng lu\u00f4n bi\u1ebfn \u0111\u1ed9ng, suy gi\u1ea3m nh\u01b0 m\u1ed9t c\u01a1 h\u1ed9i tuy\u1ec7t v\u1eddi \u0111\u1ec3 n\u00e2ng c\u1ea5p, “mua v\u00e0o” ch\u1ea5t l\u01b0\u1ee3ng c\u1ed5 phi\u1ebfu m\u00e0 \u00f4ng \u0111ang s\u1edf h\u1eefu. \u0110\u1ed3ng ngh\u0129a vi\u1ec7c thay th\u1ebf c\u00e1c c\u1ed5 phi\u1ebfu y\u1ebfu nh\u1ea5t trong danh m\u1ee5c b\u1eb1ng c\u00e1c c\u1ed5 phi\u1ebfu m\u1edbi t\u1ed1t h\u01a1n<\/em>.<\/span><\/p>\n

Nh\u1eefng c\u1ed5 phi\u1ebfu c\u00f3 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng t\u1ed1t th\u01b0\u1eddng \u0111\u01b0\u1ee3c b\u00e1n v\u1edbi m\u1ee9c gi\u00e1 cao t\u01b0\u01a1ng \u0111\u01b0\u01a1ng l\u00fac th\u1ecb tr\u01b0\u1eddng \u1ed5n \u0111\u1ecbnh. Nh\u01b0ng v\u1edbi th\u1ecb tr\u01b0\u1eddng \u0111ang ho\u1ea3ng lo\u1ea1n, c\u1ed5 phi\u1ebfu bluechip n\u1eb1m “s\u00e0n”, \u0111\u00e2y s\u1ebd l\u00e0 c\u01a1 h\u1ed9i \u0111\u1ec3 c\u00f3 \u0111\u01b0\u1ee3c ch\u1ee9ng kho\u00e1n ch\u1ea5t l\u01b0\u1ee3ng v\u1edbi gi\u00e1 b\u00e8o.<\/span><\/p>\n

S\u01afU T\u1ea6M<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

  Mark Mobius – sinh ng\u00e0y 17 th\u00e1ng 8 n\u0103m 1936.\u00a0\u00d4ng c\u00f3 cha l\u00e0 ng\u01b0\u1eddi \u0110\u1ee9c v\u00e0 m\u1eb9 l\u00e0 ng\u01b0\u1eddi Puerto Rico. Sau \u0111\u00f3 \u00f4ng theo gia \u0111\u00ecnh sang sinh s\u1ed1ng t\u1ea1i Hempstead, New York. C\u1ea3 tu\u1ed5i th\u01a1 c\u1ee7a Mobius tr\u00f4i qua \u00eam \u0111\u1ec1m d\u01b0\u1edbi s\u1ef1 gi\u00e1m s\u00e1t h\u1ecdc h\u00e0nh t\u1eeb ng\u01b0\u1eddi cha, \u00f4ng \u0111\u00e3 b\u1ed9c l\u1ed9 n\u0103ng khi\u1ebfu h\u1ecdc […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[31],"tags":[],"_links":{"self":[{"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/posts\/2276"}],"collection":[{"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2276"}],"version-history":[{"count":6,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/posts\/2276\/revisions"}],"predecessor-version":[{"id":2495,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/posts\/2276\/revisions\/2495"}],"wp:attachment":[{"href":"http:\/\/tvtinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2276"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}