查理芒格：99%的人都踩过的坑！这5种“伪资产”，正在让你越来越穷…

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今天我要告诉你们的不是如何赚更多的钱

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而是如何堵住

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那个让你财富不断流失的巨大漏洞

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我要揭露这五五种

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我这辈子坚决不碰

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但大多数人却趋之若鹜的伪资产

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在开始之前

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我们需要先搞清楚一个最基本的概念

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一个被商学院搞得无比复杂

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但实际上简单的要命的概念

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什么是资产

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二阶的定义很复杂

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他们会给你看资产负债表

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告诉你房子是资产

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车子是资产

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名牌包也是资产

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那是骗人的

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我的定义或者说富人的定义非常简单

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真正的资产是那些能把钱放进你口袋里的东西

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不管你工不工作

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他都在为你产出现金流

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比如股息利息租金

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而伪资产是那些把钱从你口袋里拿走的东西

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不管你觉得它多值钱

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只要他让你每个月都在掏钱

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付利息

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付维护费

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付保险

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付管理费

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他就是负债

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它就是伪资产

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大多数人的悲剧就在于

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他们花了一辈子的积蓄

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买了一堆把钱拿走的伪资产

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却自以为拥有了财富

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这就好比你试图往一个浴缸里注水

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但你却不知道浴缸底下有五个巨大的破洞

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你拼命工作

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注水

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水流很大

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但水永远存不住

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一旦你停止注水

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浴缸瞬间就干了

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这就是为什么医生和律师会破产

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他们买了大房子

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买了豪车

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买了各种看着光鲜亮丽的理财产品

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他们每个月都在为这些东西打工

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他们不是资产的主人

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他们是资产的奴隶

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我这辈子之所以能积累财富

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不是因为我比别人聪明

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而是因为我极度厌恶伪资产

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我从不把钱浪费在那些不能产生现金流

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只会贬值

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还需要我花钱去养着的东西上

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我只喜欢生产新资产

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我喜欢那些能自己生长

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能给我寄支票的东西

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如果你想在10年20年后实现真正的富有

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你必须学会识别这五个伪装的最好的财富杀手

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他们通常披着保障安全

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生活方式

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甚至投资的外衣

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如果你不把他们从你的清单上划掉

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那么无论你赚多少钱

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你最终都将一无所有

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准备好了吗

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让我们来拆穿

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第一个也是最昂贵

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最让人上瘾的伪资产

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一个我坚决不碰

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也希望你远离的伪资产

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可能正停在你家的车道上

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那就是频繁更换的新车

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尤其是豪车

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这可能是最难抗拒的一个

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因为他根本没被当成投资来营销

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它是作为成功的象征

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多年努力后的奖赏

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卖给你的广告商

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告诉你

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你值得拥有一辆更好的车

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你的临时换了新车

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你的同事换了新车

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你觉得如果你不换

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你就落伍了

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于是你背上贷款买了一辆7万美元的新车

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你闻着那个新车的味道

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觉得自己成功了

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但我告诉你

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从财务角度看

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这是你能做出的最糟糕的决定之一

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为什么我说新车是伪资产

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首先他违反了资产的定义

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它不产生现金流

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它只吞噬现金

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更可怕的是

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它有一个致命的特性

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瞬间贬值

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你把新车开出4S店的那一刻

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仅仅是那一秒钟

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它就贬值了10%到20%

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你什么都没做

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你的钱就蒸发了

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如果你是贷款买的

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那就更愚蠢了

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你在为一个注定贬值的东西支付利息

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你再用未来的钱去买一个今天就在缩水的资产

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这在数学上是双重的自杀

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不仅如此

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豪车还伴随着昂贵的保险保养

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高标号的汽油

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这些都是从你口袋里源源不断流出的现金流

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但是这些还不是最可怕的

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大多数人看不见

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那个真正摧毁他们财富的隐形杀手

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这个杀手叫做机会成本

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让我给你算一笔账

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这是我在伯克希尔经常算的账

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也是为什么我开这辆旧车开了这么多年的原因

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假设你每5年换一辆价值5万美元的新车

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你觉得你只是花了5万美元吗

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错如果你不买这辆车

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而是买一辆可靠的二手车

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比如花1万美元

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把省下的4万美元投资到标普500指数基金里

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按历史平均年化10%计算

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30年后这笔钱会变成多少

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它会变成70万美元

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你没听错

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那一辆车实际上花掉了你未来的70万美元

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这70万美元本可以是你的退休金

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是你孩子的教育基金

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是你财务自由的基石

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但这还只是一辆车

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如果你这辈子换了五次车呢

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你为了维持那个所谓的体面

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为了那个虚荣的铁皮壳子

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你实际上烧掉了数百万美元的财富

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这就是中产阶级为什么存不下钱的根本原因

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他们赚到了钱

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然后通过买车这个巨大的漏斗

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把钱输送给了汽车制造商

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输送给了贷款

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银行

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输送给了保险公司

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他们把自己变成了财富的过路财神

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我看过太多年轻人刚工作没几年

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手里有点积蓄

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第一件事就是买辆好车

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他们觉得这是对自己辛苦工作的投资

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这不是投资

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这是消费

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而且是极其昂贵的消费

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在这个世界上有两种人

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一种人想看起来富有

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他们开豪车戴名表

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但银行账户空空

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如也

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稍微遇到点风浪就会翻船

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另一种人想真正富有

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他们开着普通的车

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住着普通的房子

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但他们拥有大量的生产性资产

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比如股票企业

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他们不需要向任何人证明什么

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因为他们拥有真正的自由

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我这辈子开过很多破车

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有人嘲笑我说

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查理你那么有钱

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为什么不开辆法拉利

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我告诉他们

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因为我知道复利的力量

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我不愿意把我的几百万美元浪费在路上跑

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所以如果你想变富

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第一步就是戒掉对新车的执念

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把车当成工具

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而不是身份的象征

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买一辆可靠的二手车

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开到它报废为止

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然后把你省下的每一分钱投到真正的资产里去

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这就是堵住财富漏洞的第一块砖

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第二个我坚决不碰

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并且认为是中产阶级财富最大杀手的伪资产

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就是终身寿险

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这里包括了万能寿险

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分红型保险

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以及所有那些号称能兼顾保险

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保障和投资增值的复杂产品

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这是美国

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甚至全世界90%的家庭都会踩的坑

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也是无数财务顾问赖以生存的金饭碗

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为什么我说它是伪资产

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因为他的推销花束实在是太完美了

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推销员会告诉你

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你反正是需要保险的

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为什么不买一份能积累现金价值的保险呢

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它不仅能给你保障

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还能帮你强制储蓄

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还能免税增长

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甚至退休后还能取出来养老

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既有保险的安全性

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又有投资的成长性

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听起来简直是完美的数学魔术对吧

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但我告诉你

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这实际上是数学毒药

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保险的本质是转移风险

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是消费

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而投资的本质是创造财富

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是增值

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把这两者混在一起

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就像是买了一辆既能当车开

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又能当船开的交通工具

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结果通常是他在路上跑不快

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在水里也开不稳

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而且价格比你分开

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买一辆豪车和一艘好船还要贵得多

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那些推销员永远不会告诉你一个核心秘密

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那就是你支付的第一年保费

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有50%

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甚至100%都直接进了推销员的口袋

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变成了他们的佣金

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你想想看

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你以为你在投资

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结果你投进去的1万块钱

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有一半以上立刻就被别人拿走了

228
00:06:02,519 --> 00:06:04,399
你的那个所谓的现金价值账户

229
00:06:04,399 --> 00:06:05,920
在前几年里几乎空空

230
00:06:05,920 --> 00:06:06,300
如也

231
00:06:06,300 --> 00:06:07,680
在接下来的十几年里

232
00:06:07,680 --> 00:06:09,779
保险公司会在扣除高昂的管理费

233
00:06:09,779 --> 00:06:11,579
死亡率费用和公司利润后

234
00:06:11,579 --> 00:06:13,379
才慢慢把你保费的一小部分

235
00:06:13,379 --> 00:06:15,009
划入那个所谓的投资账户

236
00:06:15,009 --> 00:06:17,529
这就好比你背着一个巨大的沙袋在赛跑

237
00:06:17,529 --> 00:06:18,730
无论你跑的多努力

238
00:06:18,730 --> 00:06:19,660
你都跑不快

239
00:06:19,660 --> 00:06:20,500
我有个朋友

240
00:06:20,500 --> 00:06:22,600
他从38岁开始买终身寿险

241
00:06:22,600 --> 00:06:23,839
每年交5000美元

242
00:06:23,839 --> 00:06:25,000
交了整整30年

243
00:06:25,000 --> 00:06:26,560
等到他68岁退休时

244
00:06:26,560 --> 00:06:28,160
他总共交了15万美元

245
00:06:28,160 --> 00:06:29,819
你猜他的账户里有多少钱

246
00:06:29,819 --> 00:06:31,240
只有不到17万美元

247
00:06:31,240 --> 00:06:33,899
30年的时间仅仅增长了不到2万美元

248
00:06:33,899 --> 00:06:35,540
这连通货膨胀都跑不赢

249
00:06:35,540 --> 00:06:37,720
他的购买力实际上是大幅缩水的

250
00:06:37,720 --> 00:06:39,459
这就是伪资产的典型特征

251
00:06:39,459 --> 00:06:40,220
他承诺给你

252
00:06:40,220 --> 00:06:40,600
未来

253
00:06:40,600 --> 00:06:42,199
却在偷偷吃掉你的现在

254
00:06:42,199 --> 00:06:44,180
如果他当初做了一个聪明的决定

255
00:06:44,180 --> 00:06:45,060
会怎么样呢

256
00:06:45,060 --> 00:06:46,839
如果他选择购买定期寿险

257
00:06:46,839 --> 00:06:48,439
也就是那种只提供保障

258
00:06:48,439 --> 00:06:50,439
不带任何理财功能的纯保险

259
00:06:50,439 --> 00:06:52,959
同样的保额每年只需要花几百美元

260
00:06:52,959 --> 00:06:54,959
然后他把省下的那4000多美元

261
00:06:54,959 --> 00:06:57,920
每年投到现在最简单的标普500指数基金里

262
00:06:57,920 --> 00:06:58,740
30年后

263
00:06:58,740 --> 00:07:00,439
他拥有的不是17万美元

264
00:07:00,439 --> 00:07:01,899
而是接近90万美元

265
00:07:01,899 --> 00:07:03,439
你看这就是差距

266
00:07:03,439 --> 00:07:05,920
17万和90万之间的这70多万美元

267
00:07:05,920 --> 00:07:06,959
差额去了哪里

268
00:07:06,959 --> 00:07:08,839
他变成了保险公司的摩天大楼

269
00:07:08,839 --> 00:07:10,540
变成了推销员的豪华游艇

270
00:07:10,540 --> 00:07:12,259
变成了那些复杂的管理费用

271
00:07:12,259 --> 00:07:14,038
这就是一次巨大的财富转移

272
00:07:14,038 --> 00:07:15,858
他把你本来可以拥有的财富

273
00:07:15,858 --> 00:07:17,639
转移到了金融机构的口袋里

274
00:07:17,639 --> 00:07:18,680
所以我总是说

275
00:07:18,680 --> 00:07:19,759
如果你需要保障

276
00:07:19,759 --> 00:07:21,660
那就去买最便宜的定期寿险

277
00:07:21,660 --> 00:07:22,800
如果你需要投资

278
00:07:22,800 --> 00:07:24,379
那就去买股票或基金

279
00:07:24,379 --> 00:07:26,319
千万不要试图把他们混在一起

280
00:07:26,319 --> 00:07:28,040
对于大多数中产阶级来说

281
00:07:28,040 --> 00:07:29,360
终身寿险不是资产

282
00:07:29,360 --> 00:07:31,660
它是一个长达几十年的昂贵的效率

283
00:07:31,660 --> 00:07:32,819
极低的资金占用

284
00:07:32,819 --> 00:07:34,459
他利用了你对未来的恐惧

285
00:07:34,459 --> 00:07:36,220
利用了你对专业知识的匮乏

286
00:07:36,220 --> 00:07:38,680
把你锁死在一个注定跑输通胀的合同里

287
00:07:38,680 --> 00:07:39,759
如果你想变富

288
00:07:39,759 --> 00:07:42,420
你必须学会对这种看似完美的产品说不

289
00:07:42,420 --> 00:07:44,759
我们要把钱投在那些真正高效的地方

290
00:07:44,759 --> 00:07:46,759
而不是去喂养那些贪婪的中间商

291
00:07:46,759 --> 00:07:48,259
这就引出了下一个话题

292
00:07:48,259 --> 00:07:49,019
除了保险

293
00:07:49,019 --> 00:07:50,079
还有一个伪资产

294
00:07:50,079 --> 00:07:51,439
它看起来金光闪闪

295
00:07:51,439 --> 00:07:52,699
让人觉得无比安全

296
00:07:52,699 --> 00:07:54,379
甚至被很多人当成传家宝

297
00:07:54,379 --> 00:07:56,699
但实际上它也是一块不仅不生钱

298
00:07:56,699 --> 00:07:58,480
还需要你花钱供养的石头

299
00:07:58,480 --> 00:07:59,920
第三个我坚决不碰

300
00:07:59,920 --> 00:08:01,519
也建议你远离的伪资产

301
00:08:01,519 --> 00:08:02,379
就是黄金

302
00:08:02,379 --> 00:08:04,939
以及他那个现代化的表亲加密货币

303
00:08:04,939 --> 00:08:07,100
很多人听到这里会跳起来反驳我

304
00:08:07,100 --> 00:08:09,519
他们会说查理黄金是硬通货

305
00:08:09,519 --> 00:08:10,519
是避险资产

306
00:08:10,519 --> 00:08:12,620
是能够传承给子孙后代的财富

307
00:08:12,620 --> 00:08:13,600
比特币是数字

308
00:08:13,600 --> 00:08:15,139
黄金是未来的货币

309
00:08:15,139 --> 00:08:16,040
但在我看来

310
00:08:16,040 --> 00:08:19,120
他们都有一个共同的名字叫做非生产性资产

311
00:08:19,120 --> 00:08:20,579
或者说的更直白一点

312
00:08:20,579 --> 00:08:23,519
他们就是一块仅仅是看起来很值钱的宠物石头

313
00:08:23,519 --> 00:08:25,139
为什么我说他们是伪资产

314
00:08:25,139 --> 00:08:26,899
因为他们不产生任何东西

315
00:08:26,899 --> 00:08:28,279
如果你买了一亩农田

316
00:08:28,279 --> 00:08:29,480
即使你不卖掉它

317
00:08:29,480 --> 00:08:30,959
它每年也会长出玉米

318
00:08:30,959 --> 00:08:33,320
如果你买了一家像可口可乐这样的公司

319
00:08:33,320 --> 00:08:35,019
他每个季度都会给你分红

320
00:08:35,019 --> 00:08:37,919
但是如果你买了一盎司黄金或者一枚比特币

321
00:08:37,919 --> 00:08:39,360
你把它锁在保险柜里

322
00:08:39,360 --> 00:08:40,799
或者放在电子钱包里

323
00:08:40,799 --> 00:08:42,159
你可以每天去抚摸它

324
00:08:42,159 --> 00:08:42,759
看着它

325
00:08:42,759 --> 00:08:44,620
但过了10年甚至100年

326
00:08:44,620 --> 00:08:47,039
它还是以盎司黄金或者一枚比特币

327
00:08:47,039 --> 00:08:48,360
他不会生出小黄金

328
00:08:48,360 --> 00:08:49,720
也不会给你支付利息

329
00:08:49,720 --> 00:08:50,759
他就那样躺着

330
00:08:50,759 --> 00:08:52,960
甚至还需要你支付保管费和管理费

331
00:08:52,960 --> 00:08:55,100
这就意味着你购买他们的唯一理由

332
00:08:55,100 --> 00:08:57,580
就是你希望将来会有另一个人比你更傻

333
00:08:57,580 --> 00:08:58,879
或者是比你更疯狂

334
00:08:58,879 --> 00:09:01,379
愿意花比你付出的更高的价格来买走它

335
00:09:01,379 --> 00:09:02,299
这不叫投资

336
00:09:02,299 --> 00:09:03,379
这叫博傻游戏

337
00:09:03,379 --> 00:09:05,440
让我用历史数据来打破你的幻想

338
00:09:05,440 --> 00:09:07,720
很多人买黄金是为了对抗通货膨胀

339
00:09:07,720 --> 00:09:09,120
但如果你把时间拉长

340
00:09:09,120 --> 00:09:09,759
你会发现

341
00:09:09,759 --> 00:09:10,820
这简直是个笑话

342
00:09:10,820 --> 00:09:12,159
在过去的几十年里

343
00:09:12,159 --> 00:09:13,460
黄金的价格确实涨了

344
00:09:13,460 --> 00:09:16,240
但如果你把同样的钱投入到生产性资产

345
00:09:16,240 --> 00:09:18,059
比如美国股市的指数基金里

346
00:09:18,059 --> 00:09:20,419
收益会是黄金的几十倍甚至上百倍

347
00:09:20,419 --> 00:09:21,960
为什么会有这么大的差距

348
00:09:21,960 --> 00:09:23,840
因为黄金无法利用复利的力量

349
00:09:23,840 --> 00:09:26,139
它只能随着货币的贬值而被动涨价

350
00:09:26,139 --> 00:09:27,360
而企业可以创新

351
00:09:27,360 --> 00:09:28,100
可以扩张

352
00:09:28,100 --> 00:09:30,019
可以把赚来的利润再投入生产

353
00:09:30,019 --> 00:09:31,700
从而创造出指数级的增长

354
00:09:31,700 --> 00:09:32,700
至于加密货币

355
00:09:32,700 --> 00:09:33,860
我的看法更直接

356
00:09:33,860 --> 00:09:35,200
那不仅仅仅是为资产

357
00:09:35,200 --> 00:09:36,019
那是老鼠药

358
00:09:36,019 --> 00:09:37,419
它没有任何内在价值

359
00:09:37,419 --> 00:09:38,500
它既不是货币

360
00:09:38,500 --> 00:09:40,399
因为你没法用它去超市买牛奶

361
00:09:40,399 --> 00:09:41,440
它也不是商品

362
00:09:41,440 --> 00:09:43,139
因为它没有任何工业用途

363
00:09:43,139 --> 00:09:45,799
他纯粹是一个在大众歇斯底里的情绪中

364
00:09:45,799 --> 00:09:47,419
被炒作起来的赌场筹码

365
00:09:47,419 --> 00:09:48,799
我见过太多年轻人

366
00:09:48,799 --> 00:09:50,580
他们看不起慢慢变富的股票

367
00:09:50,580 --> 00:09:52,480
觉得那是老古董才玩的东西

368
00:09:52,480 --> 00:09:55,539
他们把积蓄全部投入到比特币和各种山寨币里

369
00:09:55,539 --> 00:09:56,740
梦想着一夜暴富

370
00:09:56,740 --> 00:09:58,000
结果当潮水退去

371
00:09:58,000 --> 00:09:59,620
当市场的狂热情绪消失

372
00:09:59,620 --> 00:10:02,759
他们手里剩下的只是一串没有任何意义的代码

373
00:10:02,759 --> 00:10:04,820
这就是伪资产最残酷的地方

374
00:10:04,820 --> 00:10:06,039
他利用了你的恐惧

375
00:10:06,039 --> 00:10:07,399
比如害怕通货膨胀

376
00:10:07,399 --> 00:10:08,759
他也利用了你的贪婪

377
00:10:08,759 --> 00:10:10,480
让你害怕错过报复的机会

378
00:10:10,480 --> 00:10:12,980
他让你把原本可以用来购买生产性资产的

379
00:10:12,980 --> 00:10:16,039
宝贵资金冻结在这些冷冰冰的石头和代码上

380
00:10:16,039 --> 00:10:18,600
真正的富人从来不靠囤积黄金致富

381
00:10:18,600 --> 00:10:20,080
他们靠拥有企业致富

382
00:10:20,080 --> 00:10:22,220
你看看福布斯排行榜上的那些人

383
00:10:22,220 --> 00:10:22,580
有谁

384
00:10:22,580 --> 00:10:25,379
是因为他在地窖里存了一吨黄金而上榜的吗

385
00:10:25,379 --> 00:10:27,779
没有他们上榜是因为他们拥有沃尔玛

386
00:10:27,779 --> 00:10:28,659
拥有亚马逊

387
00:10:28,659 --> 00:10:29,700
拥有伯克希尔

388
00:10:29,700 --> 00:10:31,679
所以如果你想积累真正的财富

389
00:10:31,679 --> 00:10:34,259
请把你的钱从这些宠物石头上拿开

390
00:10:34,259 --> 00:10:36,279
去寻找那些能为你工作的资产

391
00:10:36,279 --> 00:10:38,620
去寻找那些即使交易所关门10年

392
00:10:38,620 --> 00:10:39,840
你依然不仅不慌

393
00:10:39,840 --> 00:10:42,220
反而因为能收到分红而开心的资产

394
00:10:42,220 --> 00:10:44,320
这就是投资和投机的根本区别

395
00:10:44,320 --> 00:10:46,019
投资是让你的钱去劳动

396
00:10:46,019 --> 00:10:47,879
投机是把你的钱交给运气

397
00:10:47,879 --> 00:10:50,000
而中产阶级最容易犯的错误就是

398
00:10:50,000 --> 00:10:51,279
把投机当成了投资

399
00:10:51,279 --> 00:10:52,659
把赌博当成了理财

400
00:10:52,659 --> 00:10:54,700
接下来我们要揭露第四个伪资产

401
00:10:54,700 --> 00:10:56,179
这个伪资产更加隐蔽

402
00:10:56,179 --> 00:10:58,039
它通常由那些穿着昂贵西装

403
00:10:58,039 --> 00:11:00,539
坐在豪华办公室里的专业人士推销给你

404
00:11:00,539 --> 00:11:02,279
他们声称能帮你战胜市场

405
00:11:02,279 --> 00:11:04,200
但实际上他们是在吸干你的血

406
00:11:04,200 --> 00:11:05,500
第四个我坚决不碰

407
00:11:05,500 --> 00:11:08,500
并且认为它是金融史上最大骗局之一的伪资产

408
00:11:08,500 --> 00:11:10,899
就是那些收费高昂的主动管理型基金

409
00:11:10,899 --> 00:11:12,899
以及各种包装精美的理财产品

410
00:11:12,899 --> 00:11:14,039
你可能觉得奇怪

411
00:11:14,039 --> 00:11:15,679
把钱交给专业人士打理

412
00:11:15,679 --> 00:11:17,320
难道不是最明智的选择吗

413
00:11:17,320 --> 00:11:18,740
毕竟他们有博士学位

414
00:11:18,740 --> 00:11:20,059
有复杂的数学模型

415
00:11:20,059 --> 00:11:22,139
有24小时盯着屏幕的交易员

416
00:11:22,139 --> 00:11:23,860
他们应该比我们这些普通人

417
00:11:23,860 --> 00:11:25,279
更懂得如何战胜市场

418
00:11:25,279 --> 00:11:26,240
对吧错

419
00:11:26,240 --> 00:11:27,100
大错特错

420
00:11:27,100 --> 00:11:29,519
这种想法正是华尔街想要让你相信的

421
00:11:29,519 --> 00:11:30,960
因为他们就靠这个活着

422
00:11:30,960 --> 00:11:32,580
为什么我说他们是伪资产

423
00:11:32,580 --> 00:11:34,379
因为他们不仅不能帮你赚钱

424
00:11:34,379 --> 00:11:36,500
反而再通过一个叫做管理费的吸管

425
00:11:36,500 --> 00:11:37,720
悄悄地吸干你的血

426
00:11:37,720 --> 00:11:39,320
因为给你算一笔简单的账

427
00:11:39,320 --> 00:11:41,360
假设你投资了一只主动型基金

428
00:11:41,360 --> 00:11:42,960
他的年管理费是2%

429
00:11:42,960 --> 00:11:44,080
听起来不多对吧

430
00:11:44,080 --> 00:11:45,019
只有2%

431
00:11:45,019 --> 00:11:46,779
但是复利的力量是双向的

432
00:11:46,779 --> 00:11:47,960
它既能帮你赚钱

433
00:11:47,960 --> 00:11:49,100
也能帮你亏钱

434
00:11:49,100 --> 00:11:50,899
如果你持有这只基金30年

435
00:11:50,899 --> 00:11:52,379
这每年2%的费用

436
00:11:52,379 --> 00:11:54,299
最终会吃掉你总收益的多少

437
00:11:54,299 --> 00:11:56,940
你可能会猜10%或者20%

438
00:11:56,940 --> 00:11:58,019
答案是惊人的

439
00:11:58,019 --> 00:12:00,600
他会吃掉你接近50%的最终财富

440
00:12:00,600 --> 00:12:01,440
你没听错

441
00:12:01,440 --> 00:12:02,960
你辛辛苦苦攒下的钱

442
00:12:02,960 --> 00:12:04,659
你承担了所有的市场风险

443
00:12:04,659 --> 00:12:06,039
你忍受了所有的波动

444
00:12:06,039 --> 00:12:09,200
但是最后那个坐在办公室里吹空调的基金经理

445
00:12:09,200 --> 00:12:10,580
哪怕他什么都没做对

446
00:12:10,580 --> 00:12:12,100
他也能拿走你一半的钱

447
00:12:12,100 --> 00:12:13,279
这哪里是帮理财

448
00:12:13,279 --> 00:12:14,919
这简直就是合法的抢劫

449
00:12:14,919 --> 00:12:15,860
更糟糕的是

450
00:12:15,860 --> 00:12:19,220
绝大多数主动型基金长期来看都跑不赢大盘

451
00:12:19,220 --> 00:12:19,940
数据显示

452
00:12:19,940 --> 00:12:21,679
在10年到20年的周期里

453
00:12:21,679 --> 00:12:23,620
超过90%的专业基金经理

454
00:12:23,620 --> 00:12:26,039
业绩都比不上简单的标普500指数

455
00:12:26,039 --> 00:12:26,600
为什么

456
00:12:26,600 --> 00:12:27,860
因为他们太聪明了

457
00:12:27,860 --> 00:12:28,879
他们频繁交易

458
00:12:28,879 --> 00:12:31,610
这就产生了高昂的交易成本和税务成本

459
00:12:31,610 --> 00:12:33,009
他们试图预测市场

460
00:12:33,009 --> 00:12:34,470
但市场是不可预测的

461
00:12:34,470 --> 00:12:36,570
而且他们的利益和你并不一致

462
00:12:36,570 --> 00:12:38,559
基金经理的目标不是让你发财

463
00:12:38,559 --> 00:12:40,620
他们的目标是让基金的规模变大

464
00:12:40,620 --> 00:12:42,580
这样他们就能收到更多的管理费

465
00:12:42,580 --> 00:12:43,940
就算他们亏了你的钱

466
00:12:43,940 --> 00:12:45,740
管理费也是一分不少的照收

467
00:12:45,740 --> 00:12:48,440
这就是所谓的客户的游艇在哪里的故事

468
00:12:48,440 --> 00:12:50,460
有个客户去参观纽约的金融区

469
00:12:50,460 --> 00:12:53,820
他的理财顾问指着港口说看那是银行家的游艇

470
00:12:53,820 --> 00:12:55,240
那是基金经理的游艇

471
00:12:55,240 --> 00:12:57,200
客户问那客户的游艇在哪里

472
00:12:57,200 --> 00:12:58,840
答案是客户没有游艇

473
00:12:58,840 --> 00:13:00,080
客户买了那些游艇

474
00:13:00,080 --> 00:13:01,279
我这辈子极其讨厌

475
00:13:01,279 --> 00:13:04,259
这种利用信息不对称来剥削他人的商业模式

476
00:13:04,259 --> 00:13:05,379
所以在伯克希尔

477
00:13:05,379 --> 00:13:06,519
我们要么自己投资

478
00:13:06,519 --> 00:13:09,179
要么就把钱放在成本极低的指数基金里

479
00:13:09,179 --> 00:13:11,460
我们绝不会把钱交给那些收费昂贵

480
00:13:11,460 --> 00:13:12,639
业绩平庸的帮手

481
00:13:12,639 --> 00:13:13,700
对于普通人来说

482
00:13:13,700 --> 00:13:16,779
最好的投资策略就是承认自己无法战胜市场

483
00:13:16,779 --> 00:13:18,080
然后买入整个市场

484
00:13:18,080 --> 00:13:19,899
你可以去买那些管理费极低

485
00:13:19,899 --> 00:13:22,179
低到几乎可以忽略不计的指数基金

486
00:13:22,179 --> 00:13:23,240
比如万分之三

487
00:13:23,240 --> 00:13:25,720
这样你就把那2%的吸血鬼赶走了

488
00:13:25,720 --> 00:13:28,100
这省下的2%在复利的作用下

489
00:13:28,100 --> 00:13:30,120
将在你退休时变成一笔巨款

490
00:13:30,120 --> 00:13:32,159
不要相信那些理财顾问告诉你的

491
00:13:32,159 --> 00:13:34,220
所谓的独家策略或者战胜市场

492
00:13:34,220 --> 00:13:36,159
如果他们真的有战胜市场的秘诀

493
00:13:36,159 --> 00:13:37,960
他们早就自己躲起来赚钱了

494
00:13:37,960 --> 00:13:40,100
根本不会有时间来向你推销产品

495
00:13:40,100 --> 00:13:42,860
记住在投资领域越简单往往越有效

496
00:13:42,860 --> 00:13:43,460
越复杂

497
00:13:43,460 --> 00:13:46,000
往往意味着越多的陷阱和越高的费用

498
00:13:46,000 --> 00:13:48,419
你要做的是成为资产的直接拥有者

499
00:13:48,419 --> 00:13:51,279
而不是通过一层又一层的中间商去拥有资产

500
00:13:51,279 --> 00:13:53,299
每一层中间商都要扒一层皮

501
00:13:53,299 --> 00:13:54,620
等到最后到你手里

502
00:13:54,620 --> 00:13:56,019
剩下的就只有骨头了

503
00:13:56,019 --> 00:13:57,460
这就是第四个伪资产

504
00:13:57,460 --> 00:13:59,100
他利用了你对专业的迷信

505
00:13:59,100 --> 00:14:01,919
把你变成了金融产业链上最底层的供养者

506
00:14:01,919 --> 00:14:04,200
接下来我们要揭露最后一个伪资产

507
00:14:04,200 --> 00:14:06,600
这个伪资产看起来最安全最稳妥

508
00:14:06,600 --> 00:14:09,139
但实际上它是一个温水煮青蛙的陷阱

509
00:14:09,139 --> 00:14:12,259
正在用一种你看不到的方式让你变得越来越穷

510
00:14:12,259 --> 00:14:13,740
第五个我坚决不碰

511
00:14:13,740 --> 00:14:16,460
或者说绝不会作为主要财富配置的伪资产

512
00:14:16,460 --> 00:14:19,019
就是长期债券以及过度的现金囤积

513
00:14:19,019 --> 00:14:19,799
听到这里

514
00:14:19,799 --> 00:14:22,139
很多保守的投资者可能会感到恐慌

515
00:14:22,139 --> 00:14:24,779
他们会说查理债券不是避风港吗

516
00:14:24,779 --> 00:14:26,840
国债不是被称为无风险资产吗

517
00:14:26,840 --> 00:14:27,879
现金不是王吗

518
00:14:27,879 --> 00:14:28,360
是的

519
00:14:28,360 --> 00:14:30,100
在名义上他们是无风险的

520
00:14:30,100 --> 00:14:32,299
如果你买了一张面值100美元的国债

521
00:14:32,299 --> 00:14:34,820
到期时政府一定会还给你100美元

522
00:14:34,820 --> 00:14:36,159
但是在实际价值上

523
00:14:36,159 --> 00:14:37,519
他们是财富的毁灭者

524
00:14:37,519 --> 00:14:39,879
我把这种投资称为有保障的贫困

525
00:14:39,879 --> 00:14:40,460
为什么

526
00:14:40,460 --> 00:14:41,980
因为有两个隐形的小偷

527
00:14:41,980 --> 00:14:43,779
每时每刻都在偷走你的钱

528
00:14:43,779 --> 00:14:45,379
第一个小偷叫通货膨胀

529
00:14:45,379 --> 00:14:46,679
第二个小偷叫税收

530
00:14:46,679 --> 00:14:47,779
让我们来算算账

531
00:14:47,779 --> 00:14:50,720
假设你买了一个收益率为4%的长期债券

532
00:14:50,720 --> 00:14:51,700
听起来还不错

533
00:14:51,700 --> 00:14:52,840
比银行存款高

534
00:14:52,840 --> 00:14:55,059
但是如果通货膨胀率是3%呢

535
00:14:55,059 --> 00:14:57,659
这意味着你辛辛苦苦赚来的4%的利息

536
00:15:00,159 --> 00:15:01,240
然后税务局来了

537
00:15:01,240 --> 00:15:03,840
你赚的那4%的名利息是要交税的

538
00:15:03,840 --> 00:15:05,179
如果你是高收入人群

539
00:15:05,179 --> 00:15:07,659
税率可能高达40%或50%

540
00:15:07,659 --> 00:15:08,840
当你扣除了通胀

541
00:15:08,840 --> 00:15:09,899
再扣除了税收

542
00:15:09,899 --> 00:15:12,720
你会惊讶地发现你的实际回报率是负的

543
00:15:12,720 --> 00:15:13,899
你以为你在赚钱

544
00:15:13,899 --> 00:15:15,379
其实你的购买力在缩水

545
00:15:15,379 --> 00:15:17,759
这就好比你在逆向的自动扶梯上奔跑

546
00:15:17,759 --> 00:15:18,840
你跑的很辛苦

547
00:15:18,840 --> 00:15:20,000
觉得自己很安全

548
00:15:20,000 --> 00:15:20,679
没有摔倒

549
00:15:20,679 --> 00:15:21,720
但当你停下来时

550
00:15:21,720 --> 00:15:23,539
你会发现自己其实是在倒退

551
00:15:23,539 --> 00:15:25,159
这就是债券和现金的陷阱

552
00:15:25,159 --> 00:15:27,100
他们给你一种虚假的安全感

553
00:15:27,100 --> 00:15:29,100
看着银行账户里的数字没有变少

554
00:15:29,100 --> 00:15:29,960
你很安心

555
00:15:29,960 --> 00:15:31,340
但你能买到的东西

556
00:15:31,340 --> 00:15:32,580
面包汽油

557
00:15:32,580 --> 00:15:33,629
医疗服务

558
00:15:33,629 --> 00:15:35,549
房子却在变得越来越少

559
00:15:35,549 --> 00:15:37,470
真正的风险不是价格的波动

560
00:15:37,470 --> 00:15:39,919
真正的风险是购买力的永久性上市

561
00:15:39,919 --> 00:15:41,899
我见过很多谨慎的中产阶级

562
00:15:41,899 --> 00:15:43,740
他们被股市的波动吓坏了

563
00:15:43,740 --> 00:15:45,000
他们说我不想冒险

564
00:15:45,000 --> 00:15:45,919
我只想保本

565
00:15:45,919 --> 00:15:48,059
于是他们把所有的钱都存进银行

566
00:15:48,059 --> 00:15:49,139
或者买了国债

567
00:15:49,139 --> 00:15:49,940
30年后

568
00:15:49,940 --> 00:15:51,419
他们确实保住了本金

569
00:15:51,419 --> 00:15:54,039
但那笔本金在30年前能买一套房子

570
00:15:54,039 --> 00:15:55,740
现在只能买一个卫生间了

571
00:15:55,740 --> 00:15:56,899
这是安全吗

572
00:15:56,899 --> 00:15:58,480
这是慢性的财务自杀

573
00:15:58,480 --> 00:16:00,659
我这辈子几乎不持有长期的债券

574
00:16:00,659 --> 00:16:02,440
我也从不囤积大量的现金

575
00:16:02,440 --> 00:16:04,700
除非我在等待一个绝佳的出手机会

576
00:16:04,700 --> 00:16:07,559
因为持有债券本质上是在赌未来会变坏

577
00:16:07,559 --> 00:16:09,059
你在赌经济不会增长

578
00:16:09,059 --> 00:16:10,539
你在赌企业不会创新

579
00:16:10,539 --> 00:16:12,480
你在赌人类社会会停滞不前

580
00:16:12,480 --> 00:16:14,139
这是一种极度悲观的赌注

581
00:16:14,139 --> 00:16:17,120
而持有优质企业的股票是在赌未来会更好

582
00:16:17,120 --> 00:16:19,559
是在赌人类会不断创造出更好的产品

583
00:16:19,559 --> 00:16:20,679
提供更好的服务

584
00:16:20,679 --> 00:16:22,279
从而创造出更多的利润

585
00:16:22,279 --> 00:16:23,120
历史证明

586
00:16:23,120 --> 00:16:24,399
乐观者总是赢家

587
00:16:24,399 --> 00:16:25,679
在过去的100年里

588
00:16:25,679 --> 00:16:28,240
尽管经历了无数次战争危机瘟疫

589
00:16:28,240 --> 00:16:29,720
但股票的长期回报率

590
00:16:29,720 --> 00:16:31,700
始终远远跑赢了债券和现金

591
00:16:31,700 --> 00:16:32,860
因为企业是活的

592
00:16:32,860 --> 00:16:34,460
他们会涨价来对抗通胀

593
00:16:34,460 --> 00:16:36,340
他们会提高效率来增加利润

594
00:16:36,340 --> 00:16:37,399
而债券是死的

595
00:16:37,399 --> 00:16:39,039
他承诺给你多少就是多少

596
00:16:39,039 --> 00:16:40,039
一个子都不会多

597
00:16:40,039 --> 00:16:42,240
所以不要被所谓的安全蒙蔽了双眼

598
00:16:42,240 --> 00:16:43,559
在通货膨胀的时代

599
00:16:43,559 --> 00:16:46,500
最大的危险就是手里拿着一堆不会长大的纸币

600
00:16:46,500 --> 00:16:48,340
如果你想在退休时依然富有

601
00:16:48,340 --> 00:16:50,960
你就必须拥有那些能骑在通胀背上的资产

602
00:16:50,960 --> 00:16:53,220
而不是那些被通胀踩在脚下的资产

603
00:16:53,220 --> 00:16:54,179
到现在为止

604
00:16:54,179 --> 00:16:56,019
我们已经揭露了五种伪资产

605
00:16:56,019 --> 00:16:57,460
新车终身寿险

606
00:16:57,460 --> 00:16:58,559
黄金加密货币

607
00:16:58,559 --> 00:16:59,399
主动基金

608
00:16:59,399 --> 00:17:00,320
长期债券

609
00:17:00,320 --> 00:17:01,820
如果你能把这五样东西

610
00:17:01,820 --> 00:17:03,600
从你的资产负债表里剔除

611
00:17:03,600 --> 00:17:06,380
你就已经堵住了财富流失的90%的漏洞

612
00:17:06,380 --> 00:17:07,819
那么既然这些都不能买

613
00:17:07,819 --> 00:17:09,049
我们到底该买什么

614
00:17:09,049 --> 00:17:10,690
我们该如何建立一个真正的

615
00:17:10,690 --> 00:17:12,109
坚不可摧的财富堡垒

616
00:17:12,109 --> 00:17:13,789
接下来我将为你揭晓答案

617
00:17:13,789 --> 00:17:16,910
既然我们把那五种伪资产都从清单上划掉了

618
00:17:16,910 --> 00:17:18,259
你可能会问查理

619
00:17:18,259 --> 00:17:20,140
那我手里的钱到底该往哪放

620
00:17:20,140 --> 00:17:21,339
答案其实很简单

621
00:17:21,339 --> 00:17:22,799
甚至简单到有些无聊

622
00:17:22,799 --> 00:17:24,759
真正的财富只藏在一个地方

623
00:17:24,759 --> 00:17:25,940
生产性资产

624
00:17:25,940 --> 00:17:27,480
什么叫生产性资产

625
00:17:27,480 --> 00:17:29,140
就是那些不需要你喂养

626
00:17:29,140 --> 00:17:31,150
反而能不断吐出果实的东西

627
00:17:31,150 --> 00:17:33,670
最典型的代表就是优秀企业的股权

628
00:17:33,670 --> 00:17:34,650
也就是股票

629
00:17:34,650 --> 00:17:36,670
当你买入一家好公司的股票时

630
00:17:36,670 --> 00:17:37,950
你买的不是一张纸

631
00:17:37,950 --> 00:17:39,500
也不是一个赌博的代码

632
00:17:39,500 --> 00:17:41,819
你买的是这部分生意的一小块所有权

633
00:17:41,819 --> 00:17:42,960
还不需要去上班

634
00:17:42,960 --> 00:17:44,579
这家公司的几万名员工

635
00:17:44,579 --> 00:17:46,539
每天早上起床都在为你工作

636
00:17:46,539 --> 00:17:47,660
他们生产产品

637
00:17:47,660 --> 00:17:48,470
销售服务

638
00:17:48,470 --> 00:17:49,690
对抗竞争对手

639
00:17:49,690 --> 00:17:50,910
最后把赚来的利润

640
00:17:50,910 --> 00:17:53,480
通过分红或者回购的方式送到你的手里

641
00:17:53,480 --> 00:17:55,420
这就是资本主义最美妙的地方

642
00:17:55,420 --> 00:17:56,859
你不需要比别人聪明

643
00:17:56,859 --> 00:17:58,279
也不需要比别人勤奋

644
00:17:58,279 --> 00:18:00,319
你只需要拥有那些聪明勤奋的人

645
00:18:00,319 --> 00:18:01,839
正在做的事情的所有权

646
00:18:01,839 --> 00:18:04,319
我这一生的财富几乎全部来自于此

647
00:18:04,319 --> 00:18:05,559
我持有可口可乐

648
00:18:05,559 --> 00:18:07,240
全世界的人每天都在喝它

649
00:18:07,240 --> 00:18:08,160
我就能赚钱

650
00:18:08,160 --> 00:18:09,380
我持有喜事糖果

651
00:18:09,380 --> 00:18:10,940
人们在节日里互相馈赠

652
00:18:10,940 --> 00:18:11,900
我就能赚钱

653
00:18:11,900 --> 00:18:14,039
这种赚钱方式和你去买黄金

654
00:18:14,039 --> 00:18:15,980
买比特币有着本质的区别

655
00:18:15,980 --> 00:18:17,940
买黄金你是希望别人更傻

656
00:18:17,940 --> 00:18:18,619
买股票

657
00:18:18,619 --> 00:18:20,039
你是希望企业更强

658
00:18:20,039 --> 00:18:21,279
前者是零和博弈

659
00:18:21,279 --> 00:18:22,500
后者是共赢游戏

660
00:18:22,500 --> 00:18:24,640
但是这里有一个巨大的心理障碍

661
00:18:24,640 --> 00:18:27,839
大多数人之所以不敢买股票或者在股市里亏钱

662
00:18:27,839 --> 00:18:29,740
是因为他们缺乏一种核心能力

663
00:18:29,740 --> 00:18:30,680
所有者思维

664
00:18:30,680 --> 00:18:32,099
他们把自己当成了赌徒

665
00:18:32,099 --> 00:18:33,059
而不是老板

666
00:18:33,059 --> 00:18:34,400
股价跌了10%

667
00:18:34,400 --> 00:18:35,440
他们就恐慌了

668
00:18:35,440 --> 00:18:36,900
觉得自己的钱变少了

669
00:18:36,900 --> 00:18:37,859
如果你是老板

670
00:18:37,859 --> 00:18:40,119
你会因为你的店铺今天客流少了一点

671
00:18:40,119 --> 00:18:41,579
就把店铺半价卖掉吗

672
00:18:41,579 --> 00:18:42,259
当然不会

673
00:18:42,259 --> 00:18:43,960
你会关心你的产品好不好

674
00:18:43,960 --> 00:18:45,079
你的服务好不好

675
00:18:45,079 --> 00:18:47,079
如果你拥有的是一家伟大的公司

676
00:18:47,079 --> 00:18:48,619
股价下跌其实是好事

677
00:18:48,619 --> 00:18:50,900
因为这意味着你可以用更便宜的价格

678
00:18:50,900 --> 00:18:52,079
买入更多的股份

679
00:18:52,079 --> 00:18:53,700
拥有更多的未来现金流

680
00:18:53,700 --> 00:18:56,880
这种思维方式的转变比挑选哪只股票更重要

681
00:18:56,880 --> 00:18:57,759
除了股票

682
00:18:57,759 --> 00:18:59,700
另一种可以接受的生产性资产

683
00:18:59,700 --> 00:19:02,039
是能产生正向现金流的出租房产

684
00:19:02,039 --> 00:19:04,240
注意我强调的是正向现金流

685
00:19:04,240 --> 00:19:06,980
如果你买的房子租金能覆盖所有的房贷

686
00:19:06,980 --> 00:19:08,200
税费和维修费

687
00:19:08,200 --> 00:19:10,240
并且每个月还能给你剩下一笔钱

688
00:19:10,240 --> 00:19:11,140
那就是资产

689
00:19:11,140 --> 00:19:12,759
如果租金覆盖不了成本

690
00:19:12,759 --> 00:19:15,180
你每个月还得从工资里掏钱去贴补他

691
00:19:15,180 --> 00:19:16,180
那就是伪资产

692
00:19:16,180 --> 00:19:16,940
就是负债

693
00:19:16,940 --> 00:19:17,759
遗憾的是

694
00:19:17,759 --> 00:19:20,259
现在绝大多数城市的房产都属于后者

695
00:19:20,259 --> 00:19:21,680
所以对于普通人来说

696
00:19:21,680 --> 00:19:22,799
最简单最高效

697
00:19:22,799 --> 00:19:24,759
也是门槛最低的生产性资产

698
00:19:24,759 --> 00:19:25,980
依然是股票市场

699
00:19:25,980 --> 00:19:27,480
你不需要成为选股专家

700
00:19:27,480 --> 00:19:29,140
你只需要承认自己的无知

701
00:19:29,140 --> 00:19:31,200
当你买入一只低成本的指数基金

702
00:19:31,200 --> 00:19:33,000
当你买入标普500指数时

703
00:19:33,000 --> 00:19:35,920
你就拥有了美国最强大的500家企业的生产力

704
00:19:35,920 --> 00:19:36,720
你让苹果

705
00:19:36,720 --> 00:19:37,240
微软

706
00:19:37,240 --> 00:19:37,900
亚马逊

707
00:19:37,900 --> 00:19:41,089
谷歌这些世界上最聪明的头脑都在为你打工

708
00:19:41,089 --> 00:19:42,450
你不需要做任何事

709
00:19:42,450 --> 00:19:43,329
不需要盯盘

710
00:19:43,329 --> 00:19:44,450
不需要分析财报

711
00:19:44,450 --> 00:19:45,589
不需要预测经济

712
00:19:45,589 --> 00:19:46,890
你只需要做一件事

713
00:19:46,890 --> 00:19:47,859
耐心的持有

714
00:19:47,859 --> 00:19:49,299
让时间成为你的朋友

715
00:19:49,299 --> 00:19:50,619
让复利成为你的奴隶

716
00:19:50,619 --> 00:19:52,579
把你在伪资产上浪费的那些钱

717
00:19:52,579 --> 00:19:53,380
换车的钱

718
00:19:53,380 --> 00:19:54,299
买保险的钱

719
00:19:54,299 --> 00:19:55,279
囤黄金的钱

720
00:19:55,279 --> 00:19:56,640
全部投入到这里面

721
00:19:56,640 --> 00:19:58,259
哪怕每个月只有几千块

722
00:19:58,259 --> 00:19:59,519
只要你坚持下去

723
00:19:59,519 --> 00:20:01,160
10年20年30年

724
00:20:01,160 --> 00:20:02,480
你会惊讶的发现

725
00:20:02,480 --> 00:20:03,900
那个雪球会滚到巨大

726
00:20:03,900 --> 00:20:05,220
你不需要一夜暴富

727
00:20:05,220 --> 00:20:07,339
你只需要慢慢的稳稳的变富

728
00:20:07,339 --> 00:20:08,859
这就是真正的投资之道

729
00:20:08,859 --> 00:20:09,640
他不性感

730
00:20:09,640 --> 00:20:10,279
不刺激

731
00:20:10,279 --> 00:20:11,319
甚至有点枯燥

732
00:20:11,319 --> 00:20:12,099
但它有效

733
00:20:12,099 --> 00:20:13,619
它能让你在睡觉的时候

734
00:20:13,619 --> 00:20:14,960
财富依然在增长

735
00:20:14,960 --> 00:20:18,140
它能让你在退休的时候拥有真正的尊严和自由

736
00:20:18,140 --> 00:20:19,920
现在我们只剩下最后一步了

737
00:20:19,920 --> 00:20:21,240
知道了什么是伪资产

738
00:20:21,240 --> 00:20:22,660
知道了什么是真资产

739
00:20:22,660 --> 00:20:23,400
这还不够

740
00:20:23,400 --> 00:20:25,140
你还需要一种强大的心法

741
00:20:25,140 --> 00:20:27,519
来对抗这个充满诱惑和噪音的世界

742
00:20:27,519 --> 00:20:29,099
来守住你的这些真资产

743
00:20:29,099 --> 00:20:29,940
直到终点

744
00:20:29,940 --> 00:20:32,779
现在你已经拥有了识别伪资产的火眼金睛

745
00:20:32,779 --> 00:20:34,859
也掌握了积累真资产的唯一钥匙

746
00:20:34,859 --> 00:20:35,819
但在此之前

747
00:20:35,819 --> 00:20:37,519
我必须给你最后一条忠告

748
00:20:37,519 --> 00:20:39,640
这条忠告是我活了99年

749
00:20:39,640 --> 00:20:40,579
犯过无数错误

750
00:20:40,579 --> 00:20:43,140
读过无数书之后总结出的最高智慧

751
00:20:43,140 --> 00:20:45,420
那就是致富的秘诀不在于加法

752
00:20:45,420 --> 00:20:46,380
而在于减法

753
00:20:46,380 --> 00:20:48,240
大多数人的人生都在做加法

754
00:20:48,240 --> 00:20:49,480
他们想要更多的车

755
00:20:49,480 --> 00:20:50,400
更大的房子

756
00:20:50,400 --> 00:20:51,720
更复杂的理财产品

757
00:20:51,720 --> 00:20:52,819
更体面的头衔

758
00:20:52,819 --> 00:20:54,900
他们以为拥有的越多就越幸福

759
00:20:54,900 --> 00:20:56,160
但事实恰恰相反

760
00:20:56,160 --> 00:20:59,000
你拥有的每一个伪资产都是你背上的一块石头

761
00:20:59,000 --> 00:21:01,220
那辆豪车需要你维护那份保险

762
00:21:01,220 --> 00:21:03,059
需要你供养那些复杂的基金

763
00:21:03,059 --> 00:21:03,940
需要你操心

764
00:21:03,940 --> 00:21:05,640
他们不仅吸干了你的金钱

765
00:21:05,640 --> 00:21:07,000
更吸干了你的精力

766
00:21:07,000 --> 00:21:08,079
吸干了你的自由

767
00:21:08,079 --> 00:21:09,839
你为了维持这些所谓的体面

768
00:21:09,839 --> 00:21:11,920
不得不去忍受一份你讨厌的工作

769
00:21:11,920 --> 00:21:13,839
不得不去讨好你不喜欢的老板

770
00:21:13,839 --> 00:21:15,759
不得不牺牲陪伴家人的时间

771
00:21:15,759 --> 00:21:17,160
你以为你拥有了资产

772
00:21:17,160 --> 00:21:18,000
其实是资产

773
00:21:18,000 --> 00:21:18,640
拥有了你

774
00:21:18,640 --> 00:21:21,240
我这辈子最自豪的不是我赚了多少钱

775
00:21:21,240 --> 00:21:22,640
而是我拥有多少自由

776
00:21:22,640 --> 00:21:23,640
我从不借钱

777
00:21:23,640 --> 00:21:25,420
所以我不需要看银行的脸色

778
00:21:25,420 --> 00:21:27,160
我不买那些复杂的伪资产

779
00:21:27,160 --> 00:21:28,940
所以我不需要盯着盘面焦虑

780
00:21:28,940 --> 00:21:30,240
我过着简单的生活

781
00:21:30,240 --> 00:21:32,420
所以我不需要为了维持开销而折腰

782
00:21:32,420 --> 00:21:33,960
这种自由是任何豪车

783
00:21:33,960 --> 00:21:35,539
任何名表都换不来的

784
00:21:35,539 --> 00:21:37,319
所以如果你真的想变富

785
00:21:37,319 --> 00:21:38,319
从今天开始

786
00:21:38,319 --> 00:21:40,779
请对你的生活进行一次彻底的大扫除

787
00:21:40,779 --> 00:21:42,140
运用我的反转思维

788
00:21:42,140 --> 00:21:43,200
别想怎么赚钱

789
00:21:43,200 --> 00:21:44,700
先想想怎么停止亏钱

790
00:21:44,700 --> 00:21:45,359
回到家

791
00:21:45,359 --> 00:21:46,640
拿出你的财务账单

792
00:21:46,640 --> 00:21:47,779
一项一项的审视

793
00:21:47,779 --> 00:21:49,859
把那辆吞噬你现金流的豪车卖掉

794
00:21:49,859 --> 00:21:51,319
换一辆可靠的代步车

795
00:21:51,319 --> 00:21:53,180
停掉那份吸血的终身寿险

796
00:21:53,180 --> 00:21:54,740
换成便宜的定期寿险

797
00:21:54,740 --> 00:21:57,240
卖掉那些让你睡不着觉的黄金和比特币

798
00:21:57,240 --> 00:21:59,440
赎回那些收费昂贵的主动基金

799
00:21:59,440 --> 00:22:01,380
把这些伪资产统统清理出去

800
00:22:01,380 --> 00:22:03,400
你会感到一阵前所未有的轻松

801
00:22:03,400 --> 00:22:04,779
就像是一个溺水的人

802
00:22:04,779 --> 00:22:06,319
终于扔掉了身上的铅块

803
00:22:06,319 --> 00:22:07,279
浮出了水面

804
00:22:07,279 --> 00:22:08,759
然后把这些省下来的钱

805
00:22:08,759 --> 00:22:09,960
这股巨大的能量

806
00:22:09,960 --> 00:22:12,140
全部注入到真正的生产性资产力

807
00:22:12,140 --> 00:22:13,299
这就是我所说的

808
00:22:13,299 --> 00:22:14,180
如果不犯蠢

809
00:22:14,180 --> 00:22:15,380
你就不需要太聪明

810
00:22:15,380 --> 00:22:16,539
你不需要高智商

811
00:22:16,539 --> 00:22:17,640
不需要内幕消息

812
00:22:17,640 --> 00:22:18,779
不需要预测未来

813
00:22:18,779 --> 00:22:20,059
你只需要做两件事

814
00:22:20,059 --> 00:22:22,720
第一极度理性的避开那些伪资产的陷阱

815
00:22:22,720 --> 00:22:25,259
第二极度耐心的持有那些优秀的真资产

816
00:22:25,259 --> 00:22:26,460
这听起来很简单

817
00:22:26,460 --> 00:22:27,559
但做起来很难

818
00:22:27,559 --> 00:22:28,799
因为你会感到孤独

819
00:22:28,799 --> 00:22:30,779
当你周围的人都在炫耀新车时

820
00:22:30,779 --> 00:22:31,799
你在开旧车

821
00:22:31,799 --> 00:22:33,680
当他们在谈论比特币暴涨时

822
00:22:33,680 --> 00:22:35,339
你在默默定投指数基金

823
00:22:35,339 --> 00:22:36,420
他们会觉得你傻

824
00:22:36,420 --> 00:22:37,660
觉得你跟不上时代

825
00:22:37,660 --> 00:22:38,880
觉得你是个吝啬鬼

826
00:22:38,880 --> 00:22:40,920
但请记住你是那个清醒的人

827
00:22:40,920 --> 00:22:42,519
你在建造一座石头房子

828
00:22:42,519 --> 00:22:44,240
而他们在搭建一座纸牌屋

829
00:22:44,240 --> 00:22:45,259
当风暴来临

830
00:22:46,240 --> 00:22:47,460
当泡沫破裂时

831
00:22:47,460 --> 00:22:48,119
相信我

832
00:22:48,119 --> 00:22:49,119
他一定会来的

833
00:22:49,119 --> 00:22:51,180
你会看到他们的纸牌屋轰然倒塌

834
00:22:51,180 --> 00:22:53,960
而你将坐在你的石头房子里安然无恙

835
00:22:53,960 --> 00:22:55,039
甚至更加富有

836
00:22:55,039 --> 00:22:57,579
那时你会明白今天的决定有多么重要

837
00:22:57,579 --> 00:22:59,380
我希望你能记住今天的内容

838
00:22:59,380 --> 00:23:02,839
这五种伪资产是中产阶级通往贫穷的高速公路

839
00:23:02,839 --> 00:23:03,640
离开他们

840
00:23:03,640 --> 00:23:05,319
你就赢了90%的人

841
00:23:05,319 --> 00:23:06,839
财富的尽头不是奢华

842
00:23:06,839 --> 00:23:07,720
而是宁静

843
00:23:07,720 --> 00:23:10,420
真正的富有不是你拥有多少显眼的东西

844
00:23:10,420 --> 00:23:12,880
而是你拥有多少不被他人掌控的时间

845
00:23:12,880 --> 00:23:14,900
和你睡觉时那种踏实的安全感

846
00:23:14,900 --> 00:23:16,019
我是查理芒格

847
00:23:16,019 --> 00:23:19,059
希望我的这些教训能让你少走几十年的弯路

848
00:23:19,059 --> 00:23:20,519
从今天开始做减法

849
00:23:20,519 --> 00:23:21,339
买真资产

850
00:23:21,339 --> 00:23:23,140
然后享受你自由的人生

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