投資金融股 CUP
From
http://chuicup.blogspot.com/2008/08/blog-post_3923.htmlMary Buffett, David Clark 《The New Buffettology》
Warren says that it's almost impossible to see a disaster in the making with financial institutions because of their ability to hide problems until they become disasters. Therefore it is better to be on the safe side whenever you invest in financial institutions. Warren sold Freddie Mac for this very reason. When Warren first invested in the company, it was in the relatively safe business of securitizing single-family-home mortgages and selling them to investment institutions like pension funds. In search of bigger profits, it graduated into commercial mortgages, introducing an element of risk with which Warren wasn't comfortable.
本地的投資者，由於一直以來股王滙豐控股、或者恒生等等，有不少人藉長線投資這些股票發達，就有錯覺以為投資銀行金融股必定是十分穩陣而必勝的投資。
銀行金融業雖然是百業之母，經濟發展的心臟，但投資時也要小心留意，不能鬆懈。
1. 投資金融股，選股是十分重要。千萬不要選擇一些風險管理差勁的公司。選股不是計數、睇P/B、睇 dividend yield 咁簡單。
2. 買入後必定要打醒十二分精神監察持股，絕不能過份安心，置之不理。一遇到有麼問題（例如公司發展新的業務）必定要設法搞清楚。