【Investor Center】查理·芒格：为什么资产10万美元后财富会爆炸式增长

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你的净资产增长速度永远无法超越突破十万美元大关后的增速

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这是查理·芒格和沃伦·巴菲特的左膀右臂

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一个从零开始白手起家的亿万富翁

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他说这个里程碑将改变一切

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但大多数人忽略了一个关键点

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这不仅仅是存到第一个十万美元

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而是财富呈爆炸式复利增长的过程

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一旦跨越这个临界点

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我当初也不相信

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直到我应用了芒格的精准策略

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我的投资组合在三十岁前从十万涨到两千多万

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并非靠运气

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而是因为我理解了芒格所说的最难赚到的十万

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当你破解了

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为何如此艰难

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以及为何之后一切变得指数级容易

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我保证你再也不会以同样的方式看待金钱

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我多年研究

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每一场芒格访谈

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每一封股东信

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本视频中的所有公开声明

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我将拆解他最强大的财富积累原则

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那些真正改变我的原则

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坚持看到最后

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因为最后一个原则是大多数人忽视的

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这也是区别于原地踏步还是财富爆炸的关键

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让我们深入探讨亿万富翁的建议

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听起来像励志海报

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但对银行账户毫无作用

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但查理·芒格

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截然不同

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他从不讲空话

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只给出残酷的可执行真相

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这是我最喜欢的芒格故事之一

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在90年代的伯克希尔股东大会上

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一位年轻投资者起身

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充满挫败感

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我一切做得正确

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但净资产几乎没变

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我到底缺什么

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芒格直言不讳

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他贴近麦克风说道

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第一个十万美元是

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你必须做到

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全场陷入寂静

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接着他加重语气

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我不在乎

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你必须做什么

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步行上班

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吃优惠券食品

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睡在朋友的沙发上

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想办法弄到十万美金

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之后你可以逐渐减少用力

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也许但芒格说的有道理

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那最初的十万美元是最难赚到的钱

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你的第二十万会更容易赚到

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五百万就更轻松了

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你的第一个一百万

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感觉像是自动完成的

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比起那残酷的第一十万

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原因完全与两个词有关 这两个词能让你致富或让你破产

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复利效应

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复利效应是存在的金融魔法

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但问题在于

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教科书定义让它显得枯燥 利息计算

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基于本金和前期累积利息 很好

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你已经睡着了

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别管那些了 实际的复利效应是想象

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你站在被雪覆盖的山顶

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你滚了一个棒球大小的雪球

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这就是你的第一万美元

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现在你轻轻一推让它滚下山坡

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它

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逐渐裹挟更多积雪 初期缓慢

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然后越来越多 最终呈指数级增长

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棒球大小的雪球变成了房子大小

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关键点来了

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你并没有添加任何额外积雪

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你只滚了一个雪球

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轻轻一推并借助时间和动量

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剩下的由它完成

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这就是一百万美元后的财富

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你完成了艰苦的工作

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一旦攒够

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那最初的十万美元

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复利效应开始接管

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为你承担重担

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雪球不会在意

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你是在睡觉 工作还是度假

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它只会持续增长

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雪球越大

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增长速度越快

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让我用具体例子展示

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用虚构案例说明

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想象两位年轻人在伯克希尔会议

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约翰和史蒂夫 都二十岁

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都有稳定工作

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都遵循芒格的建议

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约翰理解了 顿悟了

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他走进去开始削减开支

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处理副业

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过着入不敷出的生活

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尽管他并不穷

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史蒂夫二十五岁就赚到一百万美元

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他不屑一顾

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认为芒格在夸大其词，依然正常生活，随意储蓄

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他未能达到一百万美元

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直到三十五岁

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整整十年差距

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约翰

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现在

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这里开始变得疯狂

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假设两人在达到一百万后完全停止投资

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不再增加一分钱

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让资金躺在指数基金里

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年均获得市场历史平均十个百分点收益

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快进到七十岁，史蒂夫打开账户

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两百二十万

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八百万美元

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不错吧

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他已是千万富翁

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三年

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五年未动分毫

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但约翰

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他账户有七百三十万美元

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近三倍于

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史蒂夫的十年优势

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在二十多岁就开始那五年的牺牲

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额外获得四百二十万

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五百万美元

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再读一遍

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四百五十万美元

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更多

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相同投入

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相同回报

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唯一区别

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他十年前就开始滚雪球

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这就是芒格说的松开油门

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达到一百万后复利成为你的员工

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全天候运转

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从不休息

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一百万时从不加薪

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你的雪球足够大，每次下滑都会裹挟大量积雪

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最难的部分已过

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那么如何最快达到一百万美元

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财富积累公式极其简单

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收入减去支出

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等于储蓄

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就这么简单

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你就是一家企业

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你的收入是收入

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你的支出是成本

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你的储蓄

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这就是你的利润

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就像任何成功的企业

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你的唯一任务就是最大化利润

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利润越大

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雪球滚得越快

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因此你有两个杠杆可操作

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多赚钱或少花钱

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大多数人只关注一个而忽略另一个

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这是个错误

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你需要先兼顾两者

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我们来谈谈如何增加收入

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芒格最强大的课之一就是：把时间卖回给自己

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当芒格还是年轻律师时

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他注意到一件事

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他的律所以每小时400美元的价格向客户收费（按今日币值计算）

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但查理的工资单上根本看不到每小时400美元

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律所拿走了巨额差价

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这时他意识到自己的时间对他人价值400美元每小时

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为什么他没能为自己获取这部分价值

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每天上班前他都会做出决定

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每天下班后为最重要的客户亲自服务

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他研究投资

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参与房地产交易

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打造能直接带来收益的资产

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而不是让别人致富

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这个概念能助你快速达成10万美元里程碑

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找到在主业之外变现现有技能的方法

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关键点在于

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用主要收入覆盖生活开支

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所有额外收入直接投入投资

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如果你是教师

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周末做家教

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软件工程师

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夜间承接自由项目

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擅长视频剪辑

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联系需要帮助的创作者

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精通文案设计

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会计

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咨询业务

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猜对了

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确实有市场需求

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目标不是透支自己

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而是现在全力冲刺

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在复利作用之前

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以便日后轻松应对

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当复利为你工作时

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现在努力工作

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所以你现在让钱为你未来承担重担

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让我们谈谈等式另一边

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最小化开支

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当有人问芒格人生成功的秘诀时

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他列出了五到七条原则在清单顶部

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收入支出要节制

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他的商业伙伴

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沃伦·巴菲特

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将这一理念推向极致

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这个人身家超百亿美元仍开普通车

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他2014年购入

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他心中奢侈的用餐

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像橄榄园餐厅价位的餐厅

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并非因为他吝啬

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而是因为他明白某些道理

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大多数人不懂

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你赚多少不重要

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关键在于

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你能存多少

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仔细想想这一点

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年收入25万美元的人

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花24万存1万

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年收入6万美元的人

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花4万存2万

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年入6万的人财富积累快两倍

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尽管收入低75%

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因为他们在控制开支

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这就是大多数人陷入的消费膨胀陷阱

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你涨工资了

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就升级公寓

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你拿到奖金

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就换更贵的车

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00:09:46,730 --> 00:09:47,929
你升职了

234
00:09:47,929 --> 00:09:51,049
突然要买更贵的衣物

235
00:09:51,049 --> 00:09:52,529
收入在增长

236
00:09:52,529 --> 00:09:55,289
但储蓄停滞甚至更糟

237
00:09:55,289 --> 00:09:56,070
缩水

238
00:09:56,070 --> 00:09:58,889
因为支出增长更快

239
00:09:59,350 --> 00:10:04,370
让我用实际数字说明消费膨胀如何摧毁财富

240
00:10:04,370 --> 00:10:07,318
我们回到约翰和史蒂夫

241
00:10:07,318 --> 00:10:07,899
史蒂夫

242
00:10:07,899 --> 00:10:08,519
毕业

243
00:10:08,519 --> 00:10:11,259
大学毕业后获得6.5万美元工作

244
00:10:11,259 --> 00:10:12,519
他很有抱负

245
00:10:12,519 --> 00:10:13,479
努力工作

246
00:10:13,479 --> 00:10:15,289
在工作中表现出色

247
00:10:15,289 --> 00:10:16,730
他年均8%

248
00:10:16,730 --> 00:10:18,830
每年加薪

249
00:10:18,830 --> 00:10:23,610
第一年花6万存5千

250
00:10:23,730 --> 00:10:26,629
但问题就出在这里每年

251
00:10:26,629 --> 00:10:28,289
他的收入增长了百分之八

252
00:10:28,289 --> 00:10:32,440
他的支出也上涨了百分之八 新公寓

253
00:10:32,440 --> 00:10:33,500
更好的汽车

254
00:10:33,500 --> 00:10:36,649
十年后更优质的假期

255
00:10:36,649 --> 00:10:42,230
史蒂夫的年薪比起薪多了一倍还多十三万美元

256
00:10:42,230 --> 00:10:45,990
但他每年仍只储蓄约一万美元

257
00:10:45,990 --> 00:10:47,629
在整个十年期间

258
00:10:47,629 --> 00:10:50,940
他累计了七万两千美元

259
00:10:51,179 --> 00:10:51,740
相当不错

260
00:10:51,740 --> 00:10:56,419
但现在让我们对比约翰 同样起薪

261
00:10:56,419 --> 00:10:58,740
相同的百分之八年涨幅

262
00:10:58,740 --> 00:11:00,460
相同的收入增长

263
00:11:00,460 --> 00:11:02,000
唯一的区别

264
00:11:02,000 --> 00:11:05,980
约翰将支出增长率控制在每年百分之二

265
00:11:05,980 --> 00:11:07,700
他抵制了新车

266
00:11:07,700 --> 00:11:09,820
他住在合理价位的公寓

267
00:11:09,820 --> 00:11:12,440
不需要设计师款服饰

268
00:11:12,440 --> 00:11:13,779
十年后

269
00:11:13,779 --> 00:11:15,200
你觉得他多存了多少钱

270
00:11:15,200 --> 00:11:18,309
约翰可能多存了五万美元

271
00:11:18,309 --> 00:11:20,509
试一百万

272
00:11:20,509 --> 00:11:23,328
二十八万五千美元

273
00:11:23,528 --> 00:11:24,889
近四倍之差

274
00:11:24,889 --> 00:11:27,668
史蒂夫在相同收入下

275
00:11:27,668 --> 00:11:28,849
同样的工作表现

276
00:11:29,928 --> 00:11:32,710
唯一变量是消费自律

277
00:11:32,710 --> 00:11:36,190
史蒂夫让生活方式随工资扩张

278
00:11:36,190 --> 00:11:39,269
约翰持续低于收入消费

279
00:11:39,269 --> 00:11:41,450
正是芒格所倡导的

280
00:11:41,450 --> 00:11:43,049
这种差异

281
00:11:43,049 --> 00:11:47,009
是三十岁时仍在为赚取十万磨砺

282
00:11:47,009 --> 00:11:49,919
两百万与已达到二十八万的对比

283
00:11:49,919 --> 00:11:53,919
五千美元并让复利接管

284
00:11:54,370 --> 00:11:56,009
如果你正在观看这个视频

285
00:11:56,009 --> 00:11:58,490
你已经领先大多数人

286
00:11:58,490 --> 00:11:59,929
你充满动力

287
00:11:59,929 --> 00:12:01,169
你正在学习

288
00:12:01,169 --> 00:12:02,889
不要停止

289
00:12:02,889 --> 00:12:05,490
你现在屏幕上还有一个视频

290
00:12:05,490 --> 00:12:07,350
将推动你的财富积累旅程

291
00:12:07,350 --> 00:12:08,828
更进一步

292
00:12:09,028 --> 00:12:11,369
点击继续保持势头

293
00:12:11,369 --> 00:12:13,480
我们之后再见

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