{"id":2560,"date":"2020-03-01T03:22:58","date_gmt":"2020-03-01T03:22:58","guid":{"rendered":"http:\/\/tvtinvest.com\/?p=2560"},"modified":"2020-03-01T03:25:34","modified_gmt":"2020-03-01T03:25:34","slug":"nha-dau-tu-jim-slater-va-nhung-loi-khuyen","status":"publish","type":"post","link":"http:\/\/tvtinvest.com\/?p=2560","title":{"rendered":"NH\u00c0 \u0110\u1ea6U T\u01af JIM SLATER V\u00c0 NH\u1eeeNG L\u1edcI KHUY\u00caN"},"content":{"rendered":"

\"[Quy<\/p>\n

Jim Derrick Slater<\/strong> (sinh ng\u00e0y 03\/02\/1929 – m\u1ea5t ng\u00e0y 18\/11\/2015) l\u00e0 m\u1ed9t doanh nh\u00e2n, nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 nh\u00e0 b\u00e1o n\u1ed5i ti\u1ebfng t\u1ea1i n\u01b0\u1edbc Anh. \u00d4ng sinh ra v\u00e0 l\u1edbn l\u00ean t\u1ea1i bang Cheshine, n\u01b0\u1edbc Anh trong m\u1ed9t gia \u0111\u00ecnh thu\u1ea7n n\u00f4ng. Tuy nhi\u00ean ngay t\u1eeb nh\u1ecf \u00f4ng \u0111\u00e3 b\u1ed9c l\u1ed9 kh\u1ea3 n\u0103ng ham h\u1ecdc h\u1ecfi v\u1edbi c\u00e1c con s\u1ed1. Sau khi t\u1ed1t nghi\u1ec7p ph\u1ed5 th\u00f4ng, \u00f4ng quy\u1ebft \u0111\u1ecbnh ch\u1ecdn ng\u00e0nh k\u1ebf to\u00e1n trong tr\u01b0\u1eddng \u0111\u1ea1i h\u1ecdc. Khi ra tr\u01b0\u1eddng, \u00f4ng kh\u1edfi nghi\u1ec7p v\u1edbi v\u1ecb tr\u00ed k\u1ebf to\u00e1n v\u00e0 sau \u0111\u00f3 chuy\u1ec3n sang l\u00e0m qu\u1ea3n l\u00fd t\u1eeb n\u0103m 1953 \u0111\u1ebfn 1963 \u1edf 3 c\u00f4ng ty kh\u00e1c nhau c\u1ee7a Anh trong ng\u00e0nh s\u1ea3n xu\u1ea5t, c\u00f4ng ty cu\u1ed1i c\u00f9ng trong s\u1ed1 n\u00e0y l\u00e0 c\u00f4ng ty \u00f4t\u00f4 n\u1ed5i ti\u1ebfng Leyland Motor Corporation.<\/span><\/p>\n

Trong th\u1ebf gi\u1edbi \u0111\u1ea7u t\u01b0, \u00f4ng \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 l\u00e0 ng\u01b0\u1eddi c\u00f3 nh\u1eefng l\u1eddi khuy\u00ean \u1ea3nh h\u01b0\u1edfng nh\u1ea5t \u0111\u1ed1i v\u1edbi nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 “t\u01b0 nh\u00e2n nh\u1ecf”<\/em> b\u1edfi d\u1ecbch v\u1ee5 t\u01b0 v\u1ea5n t\u00e0i ch\u00ednh “Company REFS” c\u1ee7a \u00f4ng \u0111\u00e3 gi\u00fap \u0111\u00e3 h\u00e0ng ch\u1ee5c ngh\u00ecn nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n x\u00e2y d\u1ef1ng ph\u01b0\u01a1ng ph\u00e1p v\u00e0 ch\u1ecdn l\u1ecdc doanh nghi\u1ec7p t\u1ed1t trong \u0111\u1ea7u t\u01b0.<\/em><\/strong><\/span><\/p>\n

Sau n\u00e0y khi k\u1ec3 l\u1ea1i trong m\u1ed9t bu\u1ed5i ph\u1ecfng v\u1ea5n v\u1edbi b\u00e1o ch\u00ed, trong su\u1ed1t qu\u00e1 tr\u00ecnh \u0111\u1ea7u t\u01b0, \u00f4ng chia s\u1ebb ch\u1ee7 y\u1ebfu \u0111\u1ea7u t\u01b0 theo c\u01a1 b\u1ea3n. Theo \u00f4ng, nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf, b\u00ecnh d\u00e2n c\u00f3 m\u1ed9t s\u1ed1 l\u1ee3i th\u1ebf so v\u1edbi nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 l\u1edbn, chuy\u00ean nghi\u1ec7p. Tr\u01b0\u1edbc ti\u00ean, nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf c\u00f3 \u00edt ti\u1ec1n \u0111\u1ec3 \u0111\u1ea7u t\u01b0 h\u01a1n n\u00ean h\u1ecd c\u00f3 th\u1ec3 \u0111\u1ea7u t\u01b0 v\u1edbi hi\u1ec7u qu\u1ea3 cao h\u01a1n v\u00e0o nh\u1eefng c\u00f4ng ty nh\u1ecf h\u01a1n<\/strong>. Th\u1ee9 hai, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf kh\u00f3 c\u00f3 kh\u1ea3 n\u0103ng \u0111\u1ea7u t\u01b0 v\u00e0o h\u01a1n 10 c\u00f4ng ty<\/em>.<\/span><\/p>\n

\u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 h\u1ecd c\u00f3 th\u1ec3 ch\u1ecdn ra \u0111\u01b0\u1ee3c c\u00e1c c\u00f4ng ty t\u1ed1t nh\u1ea5t thu\u1ed9c top 10. N\u1ebfu so s\u00e1nh th\u00ec c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 chuy\u00ean nghi\u1ec7p s\u1ebd c\u00f3 m\u1ed9t danh m\u1ee5c \u0111\u1ea7u t\u01b0 l\u1edbn h\u01a1n nhi\u1ec1u v\u00e0 kh\u00f4ng th\u1ec3 tr\u00e1nh kh\u1ecfi trong s\u1ed1 \u0111\u00f3 c\u00f3 nh\u1eefng c\u00f4ng ty kh\u00f4ng ph\u1ea3i l\u00e0 thu\u1ed9c nh\u00f3m t\u1ed1t nh\u1ea5t.<\/span><\/p>\n

Nh\u1eefng l\u1eddi khuy\u00ean c\u1ee5 th\u1ec3 trong \u0111\u1ea7u t\u01b0 m\u00e0 \u00f4ng chia s\u1ebb nh\u01b0 sau:<\/b><\/span><\/p>\n

1. K\u1ebft h\u1ee3p gi\u1eefa \u0111\u1ea7u t\u01b0 t\u0103ng tr\u01b0\u1edfng v\u00e0 \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb \u0111\u1ec3 t\u00ecm ra c\u1ed5 phi\u1ebfu c\u1ee7a c\u00e1c c\u00f4ng ty nh\u1ecf, t\u0103ng tr\u01b0\u1edfng tr\u01b0\u1edbc khi n\u00f3 th\u00e0nh c\u00f4ng v\u00e0 tr\u1edf th\u00e0nh c\u00f4ng ty l\u1edbn (c\u00f2n g\u1ecdi l\u00e0 hidden gem – vi\u00ean ng\u1ecdc \u1ea9n d\u1ea5u)<\/em><\/strong>.<\/span><\/p>\n

2. C\u00f4ng c\u1ee5 ch\u00ednh m\u00e0 Slater ph\u00e1t minh ra v\u00e0 ph\u1ed5 bi\u1ebfn \u0111\u1ec3 t\u00ecm ki\u1ebfm lo\u1ea1i c\u1ed5 phi\u1ebfu n\u00e0y l\u00e0\u00a0<\/span>t\u1ef7 l\u1ec7 PEG (so s\u00e1nh P\/E c\u1ee7a m\u1ed9t c\u00f4ng ty v\u1edbi t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng d\u1ef1 ki\u1ebfn ho\u1eb7c \u01b0\u1edbc t\u00ednh c\u1ee7a thu nh\u1eadp m\u1ed7i c\u1ed5 phi\u1ebfu)<\/span><\/em><\/strong>.<\/span><\/p>\n

Slater nh\u1eadn ra r\u1eb1ng, t\u1ef7 l\u1ec7 P\/E cao kh\u00f4ng \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c c\u1ed5 phi\u1ebfu \u0111\u00f3 \u0111\u1eaft n\u1ebfu t\u0103ng tr\u01b0\u1edfng thu nh\u1eadp c\u1ee7a n\u00f3 c\u0169ng cao v\u00e0 ng\u01b0\u1ee3c l\u1ea1i<\/em>. V\u00ed d\u1ee5, n\u1ebfu c\u1ed5 phi\u1ebfu c\u1ee7a m\u1ed9t c\u00f4ng ty c\u00f3 m\u1ee9c P\/E t\u01b0\u01a1ng \u0111\u1ed1i cao l\u00e0 30 nh\u01b0ng l\u1ee3i nhu\u1eadn c\u1ee7a n\u00f3 \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o s\u1ebd t\u0103ng tr\u01b0\u1edfng v\u1edbi t\u1ed1c \u0111\u1ed9 30%, th\u00ec n\u00f3 s\u1ebd c\u00f3 PEG l\u00e0 1, v\u00e0 \u0111\u00e2y l\u00e0 m\u1ed9t t\u1ef7 l\u1ec7 t\u1ed1t \u0111\u1ec3 \u0111\u1ea7u t\u01b0. Ng\u00e0y nay, t\u1ef7 l\u1ec7 PEG \u0111\u00e3 \u0111\u01b0\u1ee3c c\u00e1c nh\u00e0 ph\u00e2n t\u00edch \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng r\u1ea5t r\u1ed9ng r\u00e3i.<\/span><\/p>\n

3. Nh\u00ecn b\u00e1o c\u00e1o t\u00e0i ch\u00ednh trong 5 n\u0103m li\u00ean ti\u1ebfp \u0111\u1ec3 ra quy\u1ebft \u0111\u1ecbnh l\u1ef1a ch\u1ecdn<\/em><\/span><\/p>\n

Theo \u00f4ng, m\u1ed9t c\u1ed5 phi\u1ebfu \u0111\u01b0\u1ee3c ch\u1ecdn khi b\u00e1o c\u00e1o t\u00e0i ch\u00ednh 5 n\u0103m li\u00ean ti\u1ebfp t\u1edbi th\u1eddi \u0111i\u1ec3m khuy\u1ebfn ngh\u1ecb tr\u00ean b\u00e1o c\u00e1o \u0111\u1ec1u ph\u1ea3i c\u00f3 l\u00e3i, kh\u00f4ng n\u0103m n\u00e0o c\u00f3 l\u1ed7<\/em>. N\u1ebfu trong v\u00f2ng 5 n\u0103m tr\u01b0\u1edbc c\u00f4ng ty c\u00f3 l\u1ee3i nhu\u1eadn s\u1ee5t gi\u1ea3m t\u1ea1i n\u0103m n\u00e0o \u0111\u00f3 th\u00ec n\u00f3 ph\u1ea3i \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee9c c\u1ed5 t\u1ee9c cao nh\u1ea5t trong n\u0103m g\u1ea7n nh\u1ea5t. \u0110i\u1ec1u n\u00e0y ch\u1ee9ng t\u1ecf c\u00f4ng ty \u0111ang th\u1eadt s\u1ef1 c\u00f3 \u0111\u1ed9ng l\u1ef1c \u0111\u1ec3 t\u0103ng tr\u01b0\u1edfng.<\/span><\/p>\n

4. N\u1ebfu g\u1eb7p thua l\u1ed7, h\u00e3y t\u1ea1m d\u1eebng cu\u1ed9c ch\u01a1i \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh nguy\u00ean nh\u00e2n v\u00e0 t\u00ecm c\u00e1ch kh\u1eafc ph\u1ee5c.<\/em><\/strong><\/span><\/p>\n

R\u1ea5t nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3\u00a0b\u1ecf cu\u1ed9c l\u00fac\u00a0g\u1eb7p\u00a0kh\u00f3 kh\u0103n b\u1edfi h\u1ecd\u00a0c\u1ea3m th\u1ea5y ch\u00e1n n\u1ea3n khi ph\u1ea3i\u00a0g\u00e1nh ch\u1ecbu nh\u1eefng \u0111i\u1ec1u v\u00f4 l\u00fd v\u00e0 b\u1ea5t c\u00f4ng. \u0110\u00f4i khi nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00e0y ngh\u0129 r\u1eb1ng\u00a0m\u00ecnh\u00a0kh\u00f4ng c\u00f3 \u0111\u1ee7 n\u0103ng l\u1ef1c v\u00e0\u00a0xui x\u1ebbo n\u00ean\u00a0kh\u00f4ng c\u00f2n\u00a0kh\u00e1t khao \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee5c ti\u00eau ban \u0111\u1ea7u \u0111\u1ec1 ra khi m\u1edbi b\u01b0\u1edbc ch\u00e2n v\u00e0o th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n.<\/span><\/p>\n

Tr\u01b0\u1edbc ti\u00ean, h\u00e3y x\u00e1c \u0111\u1ecbnh v\u1ea5n \u0111\u1ec1 m\u00e0 b\u1ea3n th\u00e2n \u0111ang g\u1eb7p ph\u1ea3i, t\u1ea1i sao trong l\u1ea7n giao d\u1ecbch v\u1eeba qua ta l\u1ea1i ph\u1ea3i cutloss? Sai l\u1ea7m t\u1eeb l\u1ea7n c\u1eaft l\u1ed7 v\u1eeba tr\u00ean l\u00e0 do ch\u00fang ta kh\u00f4ng tu\u00e2n th\u1ee7 theo k\u1ec9 lu\u1eadt, ph\u01b0\u01a1ng ph\u00e1p c\u1ee7a b\u1ea3n th\u00e2n hay l\u00e0 do t\u1edbi t\u1eeb y\u1ebfu t\u1ed1 phi r\u1ee7i ro chung kh\u00f4ng l\u01b0\u1eddng tr\u01b0\u1edbc \u0111\u01b0\u1ee3c? Hay do ch\u00ednh s\u1ef1 ch\u1ee7 quan c\u1ee7a b\u1ea3n th\u00e2n? T\u00ecm ra ch\u00ednh x\u00e1c v\u1ea5n \u0111\u1ec1 \u0111ang m\u1eafc ph\u1ea3i \u0111\u1ec3 t\u1eeb \u0111\u00f3 v\u01b0\u1ee3t qua ngh\u1ecbch c\u1ea3nh trong \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n ch\u00ednh l\u00e0 vi\u1ec7c m\u1ed7i ng\u01b0\u1eddi c\u1ea7n l\u00e0m sau m\u1ed7i giao d\u1ecbch ch\u01b0a th\u00e0nh c\u00f4ng.<\/em><\/span><\/p>\n

5. N\u00ean nh\u1edb b\u1ea5t c\u1ee9 nh\u00e0 \u0111\u1ea7u t\u01b0 thi\u00ean t\u00e0i \u0111\u1ea7u t\u01b0 n\u00e0o c\u0169ng t\u1eebng ch\u00ed \u00edt m\u1ed9t l\u1ea7n \u0111\u1ed1i di\u1ec7n v\u1edbi nh\u1eefng kh\u00f3 kh\u0103n trong \u0111\u1ea7u t\u01b0<\/em> nh\u01b0ng \u0111i\u1ec1u quan tr\u1ecdng nh\u1ea5t m\u00e0 h\u1ecd \u0111\u00fac k\u1ebft \u0111\u01b0\u1ee3c l\u00e0 “Bi\u1ebfn c\u1ed1\u00a0tr\u00ean th\u1ecb tr\u01b0\u1eddng\u00a0d\u1ea1y ta bi\u1ebft\u00a0qu\u1ea3n l\u00fd\u00a0r\u1ee7i ro t\u1ed1t h\u01a1n, l\u1ef1a ch\u1ecdn doanh nghi\u1ec7p m\u1ed9t c\u00e1ch b\u00e0i b\u1ea3n h\u01a1n.\u00a0\u0110\u00f3 l\u00e0 nh\u1eefng b\u00e0i h\u1ecdc sinh\u00a0\u0111\u1ed9ng\u00a0m\u00e0 kh\u00f4ng\u00a0m\u1ed9t tr\u01b0\u1eddng \u0111\u1ea1i h\u1ecdc hay s\u00e1ch v\u1edf n\u00e0o\u00a0d\u1ea1y\u00a0\u0111\u01b0\u1ee3c<\/em><\/strong>.\u00a0N\u1ebfu kh\u00f4ng th\u1ea5t b\u1ea1i n\u1eb7ng n\u1ec1 nh\u01b0 th\u1ebf, ta s\u1ebd kh\u00f4ng bao gi\u1edd nghi\u1ec7m ra \u0111\u01b0\u1ee3c l\u1ed1i t\u01b0 duy c\u0169ng nh\u01b0 k\u1ef9\u00a0n\u0103ng \u0111\u1ec3 tr\u1edf th\u00e0nh m\u1ed9t\u00a0nh\u00e0 \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n th\u00e0nh c\u00f4ng”<\/em>.<\/span><\/p>\n

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

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

Jim Derrick Slater (sinh ng\u00e0y 03\/02\/1929 – m\u1ea5t ng\u00e0y 18\/11\/2015) l\u00e0 m\u1ed9t doanh nh\u00e2n, nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0 nh\u00e0 b\u00e1o n\u1ed5i ti\u1ebfng t\u1ea1i n\u01b0\u1edbc Anh. \u00d4ng sinh ra v\u00e0 l\u1edbn l\u00ean t\u1ea1i bang Cheshine, n\u01b0\u1edbc Anh trong m\u1ed9t gia \u0111\u00ecnh thu\u1ea7n n\u00f4ng. Tuy nhi\u00ean ngay t\u1eeb nh\u1ecf \u00f4ng \u0111\u00e3 b\u1ed9c l\u1ed9 kh\u1ea3 n\u0103ng ham h\u1ecdc h\u1ecfi v\u1edbi c\u00e1c con s\u1ed1. […]<\/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\/2560"}],"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=2560"}],"version-history":[{"count":3,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/posts\/2560\/revisions"}],"predecessor-version":[{"id":2563,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=\/wp\/v2\/posts\/2560\/revisions\/2563"}],"wp:attachment":[{"href":"http:\/\/tvtinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2560"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/tvtinvest.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}