주식투자22 6. What is a bond? What is a Bond?Nothing more than a loan.Who uses bonds?Corporation, GovernmentBond RisksCompany or Government FailureInterest Rates ChangeInflationProvided corporate liquidations/failure, the order of equity distribution:Bond holdersPreferred share holdersCommon share holdersWhy is bond investing lucrativeBefore market crashed in around 2008, 30 year federal bond rate had been 5.00% and DJI's av.. 2024. 7. 3. 5. Warren Buffett Stock Basics Warren Buffett's 4 rules for buying stocksA stock must be stable and understandableA stock must have long term prospectsA stock must be managed by vigilant leadersA stock must be undervaluedA Warren Buffett valuation techniqueMarket Price: $10Earnings: $2 (Potential returns)Book Value: $.70 (Margin of safety)P/E = $10/$2 = 5Returns = 20%P/BV = $10/$0.70 = 14.3Every 14.3 dollars paid for this com.. 2024. 7. 3. 4. What is a Share What is a share?A portion of the whole business divided into a certain amount of pieces.What is Shares Outstanding?The number of pieces that the company has divided up into.Comparing terminology between a whole business and 1 shareWhole BusinessMarket Price: $100,000Income Statement: Net Income of $20,000Balance Sheet: Equity of $7,000Cash Flow Statement: Taught in course 21 ShareShares outstand.. 2024. 7. 3. 3. What is a Balance Sheet & Margin of Safety Understand the importance of a balance sheetIncome Statement, used to find the company profit, details out the net income or earnings.On the other hand, we can use the balance sheet to determine the margin of safety that you'd get if you were to purchase the business.To understand the concept of balance sheet, ask this question: what would happen if the business would liquidate right now?How to .. 2024. 7. 3. 2. Value A Small Business Describe a small business modelThe owner (outside)The businessThe customerHow money flows through a small businessTotal revenue (from customer) - Cost of revenue - Taxes = Net Income or Earnings (Net Income / # Shares)Owners can decide two things:Put money into the owner's pocket (dividends)Or, keep the money in the business (stacking the equity)A comparison of a small and large businessIn large.. 2024. 7. 3. 1. What is Value Investing? The difference between value trading and value investingThe difference between value trading and value investing is that value trading involves exchanging items for those with higher values, while value investing entails holding an item or asset that grows in value over time.The difference between an asset and liabilityAsset: something that put money into your pockete.g.: apartment building (hou.. 2024. 7. 3. 잡소리 1 - 애플 매수할까 말까 주의: 제목에도 적어두었지만, 이 글은 팩트와 나의 뇌피셜을 교묘하게 짜깁기 해놓은, 나의 생각을 정리하는 글이라고 볼 수 있다. 따라서 절대 나의 의견을 듣고 따라 할 생각은 하지 않았으면 좋겠다. 현명한 독자라면 응당 그럴 것이라 믿어 의심치 않는다! 애플 주식 가격이 YTD로 봤을 때 많이 떨어졌다. PER도 현재 26정도로 예전에 비하면 많이 떨어졌다고 볼 수 있겠다. 요즘 애플 관련 가십거리 중 대표적으로는 애플이 현재 미 법무부에게 반독점 소송에 걸린 점과 팀쿡의 책임을 묻는 상황 거기에 중국 내 애플 매출이 24%로 감소했다는 점을 볼 수 있겠다. 중국 관련해서는 아무래도 지금 중국 경제가 좋지 않은 상황에 중국 특유의 애국 소비 심리까지 겹쳐서 미국 기업인 애플에 타격이 가는 거 아닌가 싶.. 2024. 4. 3. 이전 1 2 다음
