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2d90086a
2d90086a
·
2021-12-24
Nice
NKLA Stock Is Heating Up as Nikola Leaves 2021’s Bad News Behind<blockquote>随着尼古拉抛下2021年的坏消息,NKLA股价正在升温</blockquote>
Electric vehicle (EV) company and frequent headline-grabber Nikola(NASDAQ:NKLA) is up big today as t
NKLA Stock Is Heating Up as Nikola Leaves 2021’s Bad News Behind<blockquote>随着尼古拉抛下2021年的坏消息,NKLA股价正在升温</blockquote>
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2d90086a
2d90086a
·
2021-12-24
Pls like!
Here are Warren Buffett's 8 highlights of 2021<blockquote>以下是沃伦·巴菲特2021年的8大亮点</blockquote>
Warren Buffett revealed 2 big bets, defended his tax habits, and admitted several mistakes this year
Here are Warren Buffett's 8 highlights of 2021<blockquote>以下是沃伦·巴菲特2021年的8大亮点</blockquote>
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2d90086a
2d90086a
·
2021-12-23
Nice
Intel to Expand in France, Germany and Italy in Comeback<blockquote>英特尔将在法国、德国和意大利扩张</blockquote>
(Bloomberg) -- Intel Corp.’s global push to increase capacity will include adding facilities in Fran
Intel to Expand in France, Germany and Italy in Comeback<blockquote>英特尔将在法国、德国和意大利扩张</blockquote>
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2d90086a
2d90086a
·
2021-12-23
Like pls+
Does This Wildly Accurate S&P 500 Ratio Signal Doom for Investors in 2022?<blockquote>这种极其准确的标普500比率是否预示着2022年投资者的厄运?</blockquote>
While I'm generally skeptical of stock market indicators, investors might want to pay attention to this one.
Does This Wildly Accurate S&P 500 Ratio Signal Doom for Investors in 2022?<blockquote>这种极其准确的标普500比率是否预示着2022年投资者的厄运?</blockquote>
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2d90086a
2d90086a
·
2021-12-23
Nice!
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2d90086a
·
2021-08-31
Nice!!!!!
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2d90086a
·
2021-08-03
Nice!
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2d90086a
·
2021-07-30
Time to buy!
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2d90086a
·
2021-07-30
Buy the drop!
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2d90086a
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2021-07-27
Oh noooo
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11:22","market":"us","language":"en","title":"NKLA Stock Is Heating Up as Nikola Leaves 2021’s Bad News Behind<blockquote>随着尼古拉抛下2021年的坏消息,NKLA股价正在升温</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170032312","media":"InvestorPlace","summary":"Electric vehicle (EV) company and frequent headline-grabber Nikola(NASDAQ:NKLA) is up big today as t","content":"<p><div> Electric vehicle (EV) company and frequent headline-grabber Nikola(NASDAQ:NKLA) is up big today as the troubled truck maker looks to leave its bad press days in the past. NKLA stock is up nearly 20% ...</p><p><blockquote><div>电动汽车(EV)公司和经常成为头条新闻的尼古拉(纳斯达克股票代码:NKLA)今天股价大幅上涨,这家陷入困境的卡车制造商希望将其负面新闻的日子抛在脑后。NKLA股价上涨近20%...</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/nkla-stock-is-heating-up-as-nikola-leaves-2021s-bad-news-behind/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/nkla-stock-is-heating-up-as-nikola-leaves-2021s-bad-news-behind/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NKLA Stock Is Heating Up as Nikola Leaves 2021’s Bad News Behind<blockquote>随着尼古拉抛下2021年的坏消息,NKLA股价正在升温</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNKLA Stock Is Heating Up as Nikola Leaves 2021’s Bad News Behind<blockquote>随着尼古拉抛下2021年的坏消息,NKLA股价正在升温</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-24 11:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Electric vehicle (EV) company and frequent headline-grabber Nikola(NASDAQ:NKLA) is up big today as the troubled truck maker looks to leave its bad press days in the past. NKLA stock is up nearly 20% ...</p><p><blockquote><div>电动汽车(EV)公司和经常成为头条新闻的尼古拉(纳斯达克股票代码:NKLA)今天股价大幅上涨,这家陷入困境的卡车制造商希望将其负面新闻的日子抛在脑后。NKLA股价上涨近20%...</div></blockquote></p><p> <a href=\"https://investorplace.com/2021/12/nkla-stock-is-heating-up-as-nikola-leaves-2021s-bad-news-behind/\">网页链接</a> </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/nkla-stock-is-heating-up-as-nikola-leaves-2021s-bad-news-behind/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://investorplace.com/2021/12/nkla-stock-is-heating-up-as-nikola-leaves-2021s-bad-news-behind/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/12/nkla-stock-is-heating-up-as-nikola-leaves-2021s-bad-news-behind/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170032312","content_text":"Electric vehicle (EV) company and frequent headline-grabber Nikola(NASDAQ:NKLA) is up big today as the troubled truck maker looks to leave its bad press days in the past. NKLA stock is up nearly 20% today as the company promises “more to come” in 2022.\nHow exactly is Nikola moving forward?\nWell, in a tweet Wednesday, Nikola posted a series of images of its recent delivery event at the Port of Los Angeles. The delivery marks a new phase for the company, hopefully one lacking the controversy that defined this year. The electric truck company is looking to build some positive momentum heading into the new year. And at a glance, investors are all for it.\nSo, what else do you need to know about the electric truck company and NKLA stock?\nNKLA Stock Eyes 2022 Rebound After a Rollercoaster Year\nNikola has had a series of PR wins as of late. Just days ago, Nikola publicly agreed to a $125 million settlement with the U.S. Securities and Exchange Commission (SEC).\nIndeed, Nikola was the subject of a fraud investigation brought on by founder and former Executive Chairman Trevor Milton. Milton was arrested this summer for making false claims about his company’s technological capabilities. Investors may remember the viral video showing off what appears to be an operable Nikola prototype. However, in reality, the truck was simply rolling down an incline. Milton earned billions in investments under false pretenses. In fact, General Motors(NYSE:GM) even took a$2 billion stake in the untested company.\nWhile paying a massive fine is rarely seen as a victory, NKLA’s viability depends on its ability to move on. Nikola’s recent delivery of its Tre battery electric vehicle (BEV) only adds to the narrative that this is a fresh chapter. The delivery marks the first of 100 planned BEV semi-trucks that Total Transportation Services intend to acquire over the next few years. It’s a positive sign for Nikola, and one that may convince some that the EV company isn’t just talking after all.\nProspects look good for the first time in a while for the electric truck maker. Time will tell if today’s jump is a blip on the map, or the beginning of a resurgence for NKLA stock.","news_type":1,"symbols_score_info":{"NKLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698187313,"gmtCreate":1640318707126,"gmtModify":1640319177958,"author":{"id":"3581472743019515","authorId":"3581472743019515","name":"2d90086a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581472743019515","idStr":"3581472743019515"},"themes":[],"htmlText":"Pls like!","listText":"Pls like!","text":"Pls like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/698187313","repostId":"1117383431","repostType":4,"repost":{"id":"1117383431","kind":"news","pubTimestamp":1640317475,"share":"https://www.laohu8.com/m/news/1117383431?lang=zh_CN&edition=full","pubTime":"2021-12-24 11:44","market":"us","language":"en","title":"Here are Warren Buffett's 8 highlights of 2021<blockquote>以下是沃伦·巴菲特2021年的8大亮点</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117383431","media":"Markets insider","summary":"Warren Buffett revealed 2 big bets, defended his tax habits, and admitted several mistakes this year","content":"<p>Warren Buffett revealed 2 big bets, defended his tax habits, and admitted several mistakes this year. Here are his 8 highlights of 2021.</p><p><blockquote>沃伦·巴菲特透露了两个大赌注,为自己的纳税习惯辩护,并承认了今年的几个错误。以下是他2021年的8大亮点。</blockquote></p><p> <ul> <li>Warren Buffett revealed two big bets, admitted mistakes, and complained about speculators this year.</li> <li>The Berkshire Hathaway chief defended his tax practices<b> and made a fortune on Apple.</b></li> <li><b>Here are billionaire investor Buffett's eight highlights of 2021.</b></li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/45e08085f6ee8a3866f2c0f78fdc0f63\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Warren Buffett.</span></p><p><blockquote><ul><li>沃伦·巴菲特今年透露了两次大赌注,承认了错误,并抱怨投机者。</li><li>伯克希尔哈撒韦公司首席执行官为他的税务行为辩护<b>在苹果上发了大财。</b></li><li><b>以下是亿万富翁投资者巴菲特2021年的八大亮点。</b></li></ul><p class=\"t-img-caption\"><span>沃伦·巴菲特。</span></p></blockquote></p><p> Warren Buffett revealed a couple of billion-dollar investments, owned up to making several mistakes, and bemoaned the rampant speculation in markets this year.</p><p><blockquote>沃伦·巴菲特透露了数十亿美元的投资,承认犯了几个错误,并对今年市场上猖獗的投机行为表示遗憾。</blockquote></p><p> The renowned investor and Berkshire Hathaway CEO also weathered a tax exposé, resigned as a trustee of The Bill & Melinda Gates Foundation, reflected on his decades-long friendship with Charlie Munger, and saw his Apple investment soared in value.</p><p><blockquote>这位著名投资者兼Berkshire Hathaway首席执行官还经受住了税务曝光,辞去了Bill&Melinda Gates基金会受托人的职务,反思了他与查理·芒格数十年的友谊,并看到他在苹果的投资价值飙升。</blockquote></p><p> <b>Here are the 8 highlights of Buffett's year:</b></p><p><blockquote><b>以下是巴菲特这一年的8大亮点:</b></blockquote></p><p> <b>Chevron and Verizon</b></p><p><blockquote><b>雪佛龙和威瑞森</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2a6a660c35780e87560d9d7518a755bf\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>CNBC</span></p><p><blockquote><p class=\"t-img-caption\"><span>CNBC</span></p></blockquote></p><p> Buffett started the year in style with his fourth-quarter portfolio update in February. He revealed a $4.1 billion stake in Chevron and a $8.6 billion position in Verizon, answering the question of which mystery stocks he had been buying in recent months.</p><p><blockquote>巴菲特在二月份更新了第四季度投资组合,以时尚的方式开启了新的一年。他透露了41亿美元的雪佛龙股份和86亿美元的威瑞森头寸,回答了他最近几个月一直在购买哪些神秘股票的问题。</blockquote></p><p> Berkshire also trimmed the largest position in its portfolio,Apple, by 6%. Moreover, it halved its Wells Fargo holdings and exited JPMorgan,PNC, and M&T after slashing its positions in those banks in 2020.</p><p><blockquote>Berkshire还将其投资组合中最大的持仓苹果削减了6%。此外,该公司在2020年削减了在摩根大通、PNC和M&T银行的头寸后,将其持有的富国银行股份减半,并退出了这些银行。</blockquote></p><p> <b>The shareholder letter</b></p><p><blockquote><b>股东信</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce8d9ea154fd9ca33192159634e60af4\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Warren Buffett</span></p><p><blockquote><p class=\"t-img-caption\"><span>沃伦·巴菲特</span></p></blockquote></p><p> Buffett published his annual letter to shareholders in February. The investor admitted to overpaying when he acquired Precision Castparts in 2016, trumpeted a bunch of Berkshire's subsidiaries, and contrasted his long-term shareholders with the speculators flocking to trendy assets such as meme stocks and cryptocurrencies.</p><p><blockquote>巴菲特在二月份发表了致股东的年度信。这位投资者承认,他在2016年收购Precision Castparts时支付了过高的价格,大肆宣传了伯克希尔的一系列子公司,并将他的长期股东与涌向模因股票和加密货币等时尚资产的投机者进行了对比。</blockquote></p><p> <b>The annual meeting</b></p><p><blockquote><b>年会</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f9312fb972e2aa68627183025b2f91e\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Berkshire Hathaway CEO Warren Buffett talks to reporters while holding an ice cream at a trade show during the company's annual meeting in Omaha, Nebraska May 3, 2014.</span></p><p><blockquote><p class=\"t-img-caption\"><span>2014年5月3日,在内布拉斯加州奥马哈举行的公司年会上,伯克希尔·哈撒韦公司首席执行官沃伦·巴菲特在贸易展上拿着冰淇淋与记者交谈。</span></p></blockquote></p><p> Buffett warned rookie traders not to get cocky, bemoaned the lack of bargains in the market, rang the inflation alarm, and admitted to buying \"so-so\" stocks during Berkshire's annual shareholder meeting in May.</p><p><blockquote>巴菲特警告菜鸟交易员不要自大,哀叹市场缺乏便宜货,敲响通胀警报,并承认在伯克希尔5月份的年度股东大会期间买入了“马马虎虎”的股票。</blockquote></p><p> The investor also complained about the surge in people treating the stock market like a casino. Moreover, he acknowledged that trimming his Apple stake and selling Costco were likely mistakes, and suggested he avoided bailing out the \"big four\" US airlines by exiting his positions in them in April 2020.</p><p><blockquote>这位投资者还抱怨说,越来越多的人将股市视为赌场。此外,他承认削减苹果股份和出售Costco可能是错误,并建议他通过在2020年4月退出美国“四大”航空公司的头寸来避免救助这些公司。</blockquote></p><p> <b>The tax fracas</b></p><p><blockquote><b>税收失败</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61a44f30c0a7e35f28da432b35a28cf3\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Warren Buffett</span></p><p><blockquote><p class=\"t-img-caption\"><span>沃伦·巴菲特</span></p></blockquote></p><p> Buffett came under fire in June after ProPublica secured the tax returns of some of the wealthiest Americans, and reported the investor paid only $25 million in federal income tax between 2014 and 2018.</p><p><blockquote>6月份,ProPublica获得了一些最富有的美国人的纳税申报表,并报告称该投资者在2014年至2018年间仅缴纳了2500万美元的联邦所得税,巴菲特受到了批评。</blockquote></p><p> The Berkshire boss defended himself by noting that he's pledged to give over 99% of his net worth to philanthropic causes, and has already donated about half of his Berkshire \"A\" shares since 2006.</p><p><blockquote>这位伯克希尔老板为自己辩护说,他承诺将超过99%的净资产捐给慈善事业,并且自2006年以来已经捐赠了大约一半的伯克希尔“A”股。</blockquote></p><p> <b>The Gates Foundation</b></p><p><blockquote><b>盖茨基金会</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f51d18855fcf5c00bab6b290a5814dd9\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Paul Sakuma/AP Photo</span></p><p><blockquote><p class=\"t-img-caption\"><span>保罗·佐久间/美联社照片</span></p></blockquote></p><p> Buffett resigned as a trustee of the Bill & Melinda Gates Foundation in June. The investor explained that he was barely involved in the foundation's work, and had already stepped down from all corporate boards except his own.</p><p><blockquote>今年6月,巴菲特辞去了比尔及梅琳达·盖茨基金会受托人的职务。这位投资者解释说,他几乎没有参与基金会的工作,并且已经辞去了除自己以外的所有公司董事会的职务。</blockquote></p><p> He also highlighted his annual donation of $4.1 billion in total to five charities, including the Gates Foundation.</p><p><blockquote>他还强调了他每年向包括盖茨基金会在内的五家慈善机构捐赠总计41亿美元的资金。</blockquote></p><p> <b>Friendship with Charlie Munger</b></p><p><blockquote><b>与查理·芒格的友谊</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad9020f65431108ca2a38c0e654349a2\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>SCOTT MORGAN/REUTERS</span></p><p><blockquote><p class=\"t-img-caption\"><span>斯科特·摩根/路透社</span></p></blockquote></p><p> Buffett and his business partner, Charlie Munger, discussed their decades-long friendship in a CNBC interview that aired in June.</p><p><blockquote>巴菲特和他的商业伙伴查理·芒格在6月份播出的CNBC采访中讨论了他们数十年的友谊。</blockquote></p><p></p><p> The pair sharply criticized Robinhood, and Munger called for tighter regulations on derivatives trading after Archegos Capital's meltdown. Buffett underlined the immense contribution that Munger has made to his life.</p><p><blockquote>两人尖锐地批评了Robinhood,芒格在Archegos Capital崩溃后呼吁对衍生品交易进行更严格的监管。巴菲特强调了芒格对他一生做出的巨大贡献。</blockquote></p><p> <b>Buybacks, cash, and stock sales</b></p><p><blockquote><b>回购、现金和股票销售</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9bfba0cfd98eca4c346f1fc53e1dd9bf\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Warren Buffett</span></p><p><blockquote><p class=\"t-img-caption\"><span>沃伦·巴菲特</span></p></blockquote></p><p> Berkshire's third-quarter earnings underlined how hard it has been for Buffett to find bargain stocks and businesses this year. That has prompted him to stockpile cash and ramp up share buybacks.</p><p><blockquote>伯克希尔第三季度财报突显了巴菲特今年寻找廉价股票和企业的难度。这促使他储备现金并加大股票回购力度。</blockquote></p><p> The conglomerate sold a net $7 billion of stock in the year to September 30, revealed it was on track to repurchase a record $25 billion of stock this year, and grew its cash pile to an unprecedented $149 billion.</p><p><blockquote>截至9月30日的一年里,该集团净出售了70亿美元的股票,并透露今年有望回购创纪录的250亿美元股票,并将现金储备增至前所未有的1490亿美元。</blockquote></p><p> <b>The Apple bet</b></p><p><blockquote><b>苹果赌注</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6a735713e1ca5629e3e229ed80ea7fbb\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Warren Buffett</span></p><p><blockquote><p class=\"t-img-caption\"><span>沃伦·巴菲特</span></p></blockquote></p><p> Buffett's biggest success this year might well be his Apple investment.</p><p><blockquote>巴菲特今年最大的成功很可能是他在苹果的投资。</blockquote></p><p> The investor plowed $36 billion into the iPhone maker between 2016 and 2018. The stock has surged by about a third this year, boosting the value of Berkshire's stake to more than $150 billion as of mid-December.</p><p><blockquote>该投资者在2016年至2018年间向这家iPhone制造商投入了360亿美元。该股今年已飙升约三分之一,截至12月中旬,伯克希尔的持股价值已超过1500亿美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here are Warren Buffett's 8 highlights of 2021<blockquote>以下是沃伦·巴菲特2021年的8大亮点</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere are Warren Buffett's 8 highlights of 2021<blockquote>以下是沃伦·巴菲特2021年的8大亮点</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Markets insider</strong><span class=\"h-time small\">2021-12-24 11:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Warren Buffett revealed 2 big bets, defended his tax habits, and admitted several mistakes this year. Here are his 8 highlights of 2021.</p><p><blockquote>沃伦·巴菲特透露了两个大赌注,为自己的纳税习惯辩护,并承认了今年的几个错误。以下是他2021年的8大亮点。</blockquote></p><p> <ul> <li>Warren Buffett revealed two big bets, admitted mistakes, and complained about speculators this year.</li> <li>The Berkshire Hathaway chief defended his tax practices<b> and made a fortune on Apple.</b></li> <li><b>Here are billionaire investor Buffett's eight highlights of 2021.</b></li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/45e08085f6ee8a3866f2c0f78fdc0f63\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Warren Buffett.</span></p><p><blockquote><ul><li>沃伦·巴菲特今年透露了两次大赌注,承认了错误,并抱怨投机者。</li><li>伯克希尔哈撒韦公司首席执行官为他的税务行为辩护<b>在苹果上发了大财。</b></li><li><b>以下是亿万富翁投资者巴菲特2021年的八大亮点。</b></li></ul><p class=\"t-img-caption\"><span>沃伦·巴菲特。</span></p></blockquote></p><p> Warren Buffett revealed a couple of billion-dollar investments, owned up to making several mistakes, and bemoaned the rampant speculation in markets this year.</p><p><blockquote>沃伦·巴菲特透露了数十亿美元的投资,承认犯了几个错误,并对今年市场上猖獗的投机行为表示遗憾。</blockquote></p><p> The renowned investor and Berkshire Hathaway CEO also weathered a tax exposé, resigned as a trustee of The Bill & Melinda Gates Foundation, reflected on his decades-long friendship with Charlie Munger, and saw his Apple investment soared in value.</p><p><blockquote>这位著名投资者兼Berkshire Hathaway首席执行官还经受住了税务曝光,辞去了Bill&Melinda Gates基金会受托人的职务,反思了他与查理·芒格数十年的友谊,并看到他在苹果的投资价值飙升。</blockquote></p><p> <b>Here are the 8 highlights of Buffett's year:</b></p><p><blockquote><b>以下是巴菲特这一年的8大亮点:</b></blockquote></p><p> <b>Chevron and Verizon</b></p><p><blockquote><b>雪佛龙和威瑞森</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2a6a660c35780e87560d9d7518a755bf\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>CNBC</span></p><p><blockquote><p class=\"t-img-caption\"><span>CNBC</span></p></blockquote></p><p> Buffett started the year in style with his fourth-quarter portfolio update in February. He revealed a $4.1 billion stake in Chevron and a $8.6 billion position in Verizon, answering the question of which mystery stocks he had been buying in recent months.</p><p><blockquote>巴菲特在二月份更新了第四季度投资组合,以时尚的方式开启了新的一年。他透露了41亿美元的雪佛龙股份和86亿美元的威瑞森头寸,回答了他最近几个月一直在购买哪些神秘股票的问题。</blockquote></p><p> Berkshire also trimmed the largest position in its portfolio,Apple, by 6%. Moreover, it halved its Wells Fargo holdings and exited JPMorgan,PNC, and M&T after slashing its positions in those banks in 2020.</p><p><blockquote>Berkshire还将其投资组合中最大的持仓苹果削减了6%。此外,该公司在2020年削减了在摩根大通、PNC和M&T银行的头寸后,将其持有的富国银行股份减半,并退出了这些银行。</blockquote></p><p> <b>The shareholder letter</b></p><p><blockquote><b>股东信</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce8d9ea154fd9ca33192159634e60af4\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Warren Buffett</span></p><p><blockquote><p class=\"t-img-caption\"><span>沃伦·巴菲特</span></p></blockquote></p><p> Buffett published his annual letter to shareholders in February. The investor admitted to overpaying when he acquired Precision Castparts in 2016, trumpeted a bunch of Berkshire's subsidiaries, and contrasted his long-term shareholders with the speculators flocking to trendy assets such as meme stocks and cryptocurrencies.</p><p><blockquote>巴菲特在二月份发表了致股东的年度信。这位投资者承认,他在2016年收购Precision Castparts时支付了过高的价格,大肆宣传了伯克希尔的一系列子公司,并将他的长期股东与涌向模因股票和加密货币等时尚资产的投机者进行了对比。</blockquote></p><p> <b>The annual meeting</b></p><p><blockquote><b>年会</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f9312fb972e2aa68627183025b2f91e\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Berkshire Hathaway CEO Warren Buffett talks to reporters while holding an ice cream at a trade show during the company's annual meeting in Omaha, Nebraska May 3, 2014.</span></p><p><blockquote><p class=\"t-img-caption\"><span>2014年5月3日,在内布拉斯加州奥马哈举行的公司年会上,伯克希尔·哈撒韦公司首席执行官沃伦·巴菲特在贸易展上拿着冰淇淋与记者交谈。</span></p></blockquote></p><p> Buffett warned rookie traders not to get cocky, bemoaned the lack of bargains in the market, rang the inflation alarm, and admitted to buying \"so-so\" stocks during Berkshire's annual shareholder meeting in May.</p><p><blockquote>巴菲特警告菜鸟交易员不要自大,哀叹市场缺乏便宜货,敲响通胀警报,并承认在伯克希尔5月份的年度股东大会期间买入了“马马虎虎”的股票。</blockquote></p><p> The investor also complained about the surge in people treating the stock market like a casino. Moreover, he acknowledged that trimming his Apple stake and selling Costco were likely mistakes, and suggested he avoided bailing out the \"big four\" US airlines by exiting his positions in them in April 2020.</p><p><blockquote>这位投资者还抱怨说,越来越多的人将股市视为赌场。此外,他承认削减苹果股份和出售Costco可能是错误,并建议他通过在2020年4月退出美国“四大”航空公司的头寸来避免救助这些公司。</blockquote></p><p> <b>The tax fracas</b></p><p><blockquote><b>税收失败</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61a44f30c0a7e35f28da432b35a28cf3\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Warren Buffett</span></p><p><blockquote><p class=\"t-img-caption\"><span>沃伦·巴菲特</span></p></blockquote></p><p> Buffett came under fire in June after ProPublica secured the tax returns of some of the wealthiest Americans, and reported the investor paid only $25 million in federal income tax between 2014 and 2018.</p><p><blockquote>6月份,ProPublica获得了一些最富有的美国人的纳税申报表,并报告称该投资者在2014年至2018年间仅缴纳了2500万美元的联邦所得税,巴菲特受到了批评。</blockquote></p><p> The Berkshire boss defended himself by noting that he's pledged to give over 99% of his net worth to philanthropic causes, and has already donated about half of his Berkshire \"A\" shares since 2006.</p><p><blockquote>这位伯克希尔老板为自己辩护说,他承诺将超过99%的净资产捐给慈善事业,并且自2006年以来已经捐赠了大约一半的伯克希尔“A”股。</blockquote></p><p> <b>The Gates Foundation</b></p><p><blockquote><b>盖茨基金会</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f51d18855fcf5c00bab6b290a5814dd9\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Paul Sakuma/AP Photo</span></p><p><blockquote><p class=\"t-img-caption\"><span>保罗·佐久间/美联社照片</span></p></blockquote></p><p> Buffett resigned as a trustee of the Bill & Melinda Gates Foundation in June. The investor explained that he was barely involved in the foundation's work, and had already stepped down from all corporate boards except his own.</p><p><blockquote>今年6月,巴菲特辞去了比尔及梅琳达·盖茨基金会受托人的职务。这位投资者解释说,他几乎没有参与基金会的工作,并且已经辞去了除自己以外的所有公司董事会的职务。</blockquote></p><p> He also highlighted his annual donation of $4.1 billion in total to five charities, including the Gates Foundation.</p><p><blockquote>他还强调了他每年向包括盖茨基金会在内的五家慈善机构捐赠总计41亿美元的资金。</blockquote></p><p> <b>Friendship with Charlie Munger</b></p><p><blockquote><b>与查理·芒格的友谊</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad9020f65431108ca2a38c0e654349a2\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>SCOTT MORGAN/REUTERS</span></p><p><blockquote><p class=\"t-img-caption\"><span>斯科特·摩根/路透社</span></p></blockquote></p><p> Buffett and his business partner, Charlie Munger, discussed their decades-long friendship in a CNBC interview that aired in June.</p><p><blockquote>巴菲特和他的商业伙伴查理·芒格在6月份播出的CNBC采访中讨论了他们数十年的友谊。</blockquote></p><p></p><p> The pair sharply criticized Robinhood, and Munger called for tighter regulations on derivatives trading after Archegos Capital's meltdown. Buffett underlined the immense contribution that Munger has made to his life.</p><p><blockquote>两人尖锐地批评了Robinhood,芒格在Archegos Capital崩溃后呼吁对衍生品交易进行更严格的监管。巴菲特强调了芒格对他一生做出的巨大贡献。</blockquote></p><p> <b>Buybacks, cash, and stock sales</b></p><p><blockquote><b>回购、现金和股票销售</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9bfba0cfd98eca4c346f1fc53e1dd9bf\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Warren Buffett</span></p><p><blockquote><p class=\"t-img-caption\"><span>沃伦·巴菲特</span></p></blockquote></p><p> Berkshire's third-quarter earnings underlined how hard it has been for Buffett to find bargain stocks and businesses this year. That has prompted him to stockpile cash and ramp up share buybacks.</p><p><blockquote>伯克希尔第三季度财报突显了巴菲特今年寻找廉价股票和企业的难度。这促使他储备现金并加大股票回购力度。</blockquote></p><p> The conglomerate sold a net $7 billion of stock in the year to September 30, revealed it was on track to repurchase a record $25 billion of stock this year, and grew its cash pile to an unprecedented $149 billion.</p><p><blockquote>截至9月30日的一年里,该集团净出售了70亿美元的股票,并透露今年有望回购创纪录的250亿美元股票,并将现金储备增至前所未有的1490亿美元。</blockquote></p><p> <b>The Apple bet</b></p><p><blockquote><b>苹果赌注</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6a735713e1ca5629e3e229ed80ea7fbb\" tg-width=\"790\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>Warren Buffett</span></p><p><blockquote><p class=\"t-img-caption\"><span>沃伦·巴菲特</span></p></blockquote></p><p> Buffett's biggest success this year might well be his Apple investment.</p><p><blockquote>巴菲特今年最大的成功很可能是他在苹果的投资。</blockquote></p><p> The investor plowed $36 billion into the iPhone maker between 2016 and 2018. The stock has surged by about a third this year, boosting the value of Berkshire's stake to more than $150 billion as of mid-December.</p><p><blockquote>该投资者在2016年至2018年间向这家iPhone制造商投入了360亿美元。该股今年已飙升约三分之一,截至12月中旬,伯克希尔的持股价值已超过1500亿美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-stocks-portfolio-taxes-mistakes-review-2021-12\">Markets insider</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-stocks-portfolio-taxes-mistakes-review-2021-12","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117383431","content_text":"Warren Buffett revealed 2 big bets, defended his tax habits, and admitted several mistakes this year. Here are his 8 highlights of 2021.\n\nWarren Buffett revealed two big bets, admitted mistakes, and complained about speculators this year.\nThe Berkshire Hathaway chief defended his tax practices and made a fortune on Apple.\nHere are billionaire investor Buffett's eight highlights of 2021.\n\nWarren Buffett.\nWarren Buffett revealed a couple of billion-dollar investments, owned up to making several mistakes, and bemoaned the rampant speculation in markets this year.\nThe renowned investor and Berkshire Hathaway CEO also weathered a tax exposé, resigned as a trustee of The Bill & Melinda Gates Foundation, reflected on his decades-long friendship with Charlie Munger, and saw his Apple investment soared in value.\nHere are the 8 highlights of Buffett's year:\nChevron and Verizon\nCNBC\nBuffett started the year in style with his fourth-quarter portfolio update in February. He revealed a $4.1 billion stake in Chevron and a $8.6 billion position in Verizon, answering the question of which mystery stocks he had been buying in recent months.\nBerkshire also trimmed the largest position in its portfolio,Apple, by 6%. Moreover, it halved its Wells Fargo holdings and exited JPMorgan,PNC, and M&T after slashing its positions in those banks in 2020.\nThe shareholder letter\nWarren Buffett\nBuffett published his annual letter to shareholders in February. The investor admitted to overpaying when he acquired Precision Castparts in 2016, trumpeted a bunch of Berkshire's subsidiaries, and contrasted his long-term shareholders with the speculators flocking to trendy assets such as meme stocks and cryptocurrencies.\nThe annual meeting\nBerkshire Hathaway CEO Warren Buffett talks to reporters while holding an ice cream at a trade show during the company's annual meeting in Omaha, Nebraska May 3, 2014.\nBuffett warned rookie traders not to get cocky, bemoaned the lack of bargains in the market, rang the inflation alarm, and admitted to buying \"so-so\" stocks during Berkshire's annual shareholder meeting in May.\nThe investor also complained about the surge in people treating the stock market like a casino. Moreover, he acknowledged that trimming his Apple stake and selling Costco were likely mistakes, and suggested he avoided bailing out the \"big four\" US airlines by exiting his positions in them in April 2020.\nThe tax fracas\nWarren Buffett\nBuffett came under fire in June after ProPublica secured the tax returns of some of the wealthiest Americans, and reported the investor paid only $25 million in federal income tax between 2014 and 2018.\nThe Berkshire boss defended himself by noting that he's pledged to give over 99% of his net worth to philanthropic causes, and has already donated about half of his Berkshire \"A\" shares since 2006.\nThe Gates Foundation\nPaul Sakuma/AP Photo\nBuffett resigned as a trustee of the Bill & Melinda Gates Foundation in June. The investor explained that he was barely involved in the foundation's work, and had already stepped down from all corporate boards except his own.\nHe also highlighted his annual donation of $4.1 billion in total to five charities, including the Gates Foundation.\nFriendship with Charlie Munger\nSCOTT MORGAN/REUTERS\nBuffett and his business partner, Charlie Munger, discussed their decades-long friendship in a CNBC interview that aired in June.\nThe pair sharply criticized Robinhood, and Munger called for tighter regulations on derivatives trading after Archegos Capital's meltdown. Buffett underlined the immense contribution that Munger has made to his life.\nBuybacks, cash, and stock sales\nWarren Buffett\nBerkshire's third-quarter earnings underlined how hard it has been for Buffett to find bargain stocks and businesses this year. That has prompted him to stockpile cash and ramp up share buybacks.\nThe conglomerate sold a net $7 billion of stock in the year to September 30, revealed it was on track to repurchase a record $25 billion of stock this year, and grew its cash pile to an unprecedented $149 billion.\nThe Apple bet\nWarren Buffett\nBuffett's biggest success this year might well be his Apple investment.\nThe investor plowed $36 billion into the iPhone maker between 2016 and 2018. The stock has surged by about a third this year, boosting the value of Berkshire's stake to more than $150 billion as of mid-December.","news_type":1,"symbols_score_info":{"AAPL":0.9,"BRK.B":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":1820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698937481,"gmtCreate":1640273734652,"gmtModify":1640273734772,"author":{"id":"3581472743019515","authorId":"3581472743019515","name":"2d90086a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581472743019515","idStr":"3581472743019515"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698937481","repostId":"1152565085","repostType":4,"repost":{"id":"1152565085","kind":"news","pubTimestamp":1640272176,"share":"https://www.laohu8.com/m/news/1152565085?lang=zh_CN&edition=full","pubTime":"2021-12-23 23:09","market":"us","language":"en","title":"Intel to Expand in France, Germany and Italy in Comeback<blockquote>英特尔将在法国、德国和意大利扩张</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152565085","media":"Bloomberg","summary":"(Bloomberg) -- Intel Corp.’s global push to increase capacity will include adding facilities in Fran","content":"<p>(Bloomberg) -- Intel Corp.’s global push to increase capacity will include adding facilities in France and Italy, as well as putting a major production site in Germany, according to people familiar with negotiations.</p><p><blockquote>(彭博社)-据知情人士透露,英特尔公司在全球范围内提高产能的努力将包括在法国和意大利增加工厂,以及在德国建立一个主要生产基地。</blockquote></p><p> France will be home to a research and design center, and Italy will be the location of a test and assembly factory, according to the people, who asked not to be identified because the plan hasn’t been announced. The main wafer fabrication plant, or fab, will likely be built in Germany, according to the people. Altogether, the expansion will cost tens of billions of dollars.</p><p><blockquote>据知情人士透露,法国将成为研究和设计中心的所在地,意大利将成为测试和组装工厂的所在地。由于该计划尚未公布,这些知情人士要求匿名。据知情人士透露,主要的晶圆制造厂(fab)可能会建在德国。总的来说,扩建将耗资数百亿美元。</blockquote></p><p> Chief Executive Officer Pat Gelsinger is trying to restore the world’s largest chipmaker to its former glory. The company has lost its technological edge to rivals and ceded market share -- something the spending binge is meant to address. Gelsinger also wants to bring more production back to the U.S. and Europe, counterbalancing Asia’s manufacturing dominance.</p><p><blockquote>首席执行官帕特·基辛格(Pat Gelsinger)正试图让这家全球最大的芯片制造商恢复昔日的辉煌。该公司已经将技术优势输给了竞争对手,并放弃了市场份额——这正是支出狂潮旨在解决的问题。基辛格还希望将更多生产带回美国和欧洲,平衡亚洲的制造业主导地位。</blockquote></p><p> Representatives of the French, German and Italian governments declined to comment, as did Intel spokespeople in Europe and the U.S.</p><p><blockquote>法国、德国和意大利政府代表拒绝置评,英特尔在欧洲和美国的发言人也拒绝置评。</blockquote></p><p> For Europe, the move would slow its decline as a manufacturing base in the $400 billion chip industry. The U.S. company has an existing plant in Ireland and there are older former Advanced Micro Devices Inc. processor factories that are owned by Globalfoundries Inc. in Dresden, Germany. But European manufacturers typically don’t make the kind of advanced logic chips that are regarded as the state of the art in the industry.</p><p><blockquote>对于欧洲来说,此举将减缓其作为4000亿美元芯片行业制造基地的衰落。这家美国公司在爱尔兰有一家现有工厂,在德国德累斯顿还有Globalfoundries Inc.拥有的较老的前Advanced Micro Devices Inc.处理器工厂。但欧洲制造商通常不生产被视为业内最先进的先进逻辑芯片。</blockquote></p><p> NXP Semiconductors NV and STMicroelectronics NV are the continent’s two largest homegrown chipmakers. They focus on parts for cars and other equipment -- rather than the advanced computer processors that are Intel’s specialty.</p><p><blockquote>恩智浦半导体公司和意法半导体公司是非洲大陆最大的两家本土芯片制造商。他们专注于汽车和其他设备的零部件,而不是英特尔擅长的先进计算机处理器。</blockquote></p><p> A global chip shortage also has renewed concerns about the concentration of production in Asia. Manufacturers such as Taiwan Semiconductor Manufacturing Co. and South Korea’s Samsung Electronics Co. have grown increasingly deft at producing chips, forcing Intel to play catch-up. Gelsinger has argued that spreading manufacturing around the world will help avoid the kinds of supply constraints that have hobbled whole industries this year, including automakers.</p><p><blockquote>全球芯片短缺也重新引发了人们对生产集中在亚洲的担忧。台积电公司和三星电子公司等制造商在生产芯片方面越来越熟练,迫使英特尔奋起直追。基辛格认为,将制造业扩展到世界各地将有助于避免今年阻碍包括汽车制造商在内的整个行业的供应限制。</blockquote></p><p> Part of Gelsinger’s plan is to build factories that make chips for other companies, directly rivaling TSMC in the so-called foundry business. Until now, Intel has typically only manufactured chips of its own design.</p><p><blockquote>基辛格计划的一部分是建立为其他公司制造芯片的工厂,在所谓的代工业务上直接与台积电竞争。到目前为止,英特尔通常只制造自己设计的芯片。</blockquote></p><p> To help fund his ambitions, he’s called on lawmakers on both sides of the Atlantic to give public money in the form of tax breaks and grants to chipmakers willing to build plants in Europe and the U.S.</p><p><blockquote>为了资助他的雄心,他呼吁大西洋两岸的立法者以税收减免和拨款的形式向愿意在欧洲和美国建厂的芯片制造商提供公共资金。</blockquote></p><p> By spreading around Intel’s spending, Gelsinger may be trying to placate as many EU members as he can to try to make sure that none of them try to object any central funding that’s made available. But the plans aren’t final yet. The mega-fab will likely be built in Saxony, with German regions of Saxony-Anhalt and Bavaria also in the running for the new factory.</p><p><blockquote>通过分散英特尔的支出,基辛格可能试图安抚尽可能多的欧盟成员国,以确保他们中没有人试图反对任何可用的中央资金。但是计划还没有最终确定。该大型工厂可能会建在萨克森州,德国萨克森-安哈尔特州和巴伐利亚州也在争夺新工厂。</blockquote></p><p> Intel’s ambitious new ventures could bring thousands of jobs. The company is also planning to create 4,000 jobs in Malaysia via a $7.1 billion investment in new chip packaging facilities.</p><p><blockquote>英特尔雄心勃勃的新企业可能会带来数千个就业机会。该公司还计划通过投资71亿美元建设新的芯片封装设施,在马来西亚创造4,000个就业岗位。</blockquote></p><p> Intel’s shares increased 1.2% in early trading Thursday.</p><p><blockquote>英特尔股价周四早盘上涨1.2%。</blockquote></p><p> Even with the potential government help, Intel is budgeting as much as $28 billion for new plants and equipment in 2022, up from roughly $18 billion this year. The spending plans have jarred investors, who worry about the toll on profit. But the massive increase in expenditures will only put Intel on course to keep up with TSMC and Samsung’s spending.</p><p><blockquote>即使有政府的潜在帮助,英特尔2022年的新工厂和设备预算仍高达280亿美元,高于今年的约180亿美元。这些支出计划令投资者感到不安,他们担心利润会受到影响。但支出的大幅增加只会让英特尔跟上台积电和三星的支出。</blockquote></p><p> Shares of Intel, based in Santa Clara, California, have gained just 2.3% this year -- even as its peers have enjoyed boom times. The Philadelphia Stock Exchange Semiconductor Index has climbed 39%, with companies such as Nvidia Corp. more than doubling.</p><p><blockquote>总部位于加利福尼亚州圣克拉拉的英特尔股价今年仅上涨了2.3%,尽管其同行经历了繁荣时期。费城证券交易所半导体指数上涨了39%,英伟达公司等公司的股价上涨了一倍多。</blockquote></p><p> State-of-the art chip production plants cost more than $20 billion, and their most expensive component -- machinery -- is usually obsolete within five years. The German plant could have a price tag in that range. The Italian test and assembly plant, meanwhile, will cost around $10 billion. Intel and government officials there are still negotiating on the site, with Sicily being one area under consideration, according to one of the people familiar with the situation.</p><p><blockquote>最先进的芯片生产厂耗资超过200亿美元,其最昂贵的部件——机械——通常会在五年内过时。德国工厂的价格标签可能在这个范围内。与此同时,意大利测试和装配厂将耗资约100亿美元。据一位知情人士透露,英特尔和那里的政府官员仍在就该地点进行谈判,西西里岛是正在考虑的地区之一。</blockquote></p><p> The French R&D center may be built in either Paris or Grenoble, according to another person. Such facilities typically cost only a fraction of the amount needed to build a factory.</p><p><blockquote>另一位人士称,法国研发中心可能建在巴黎或格勒诺布尔。此类设施的成本通常仅为建造工厂所需费用的一小部分。</blockquote></p><p></p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel to Expand in France, Germany and Italy in Comeback<blockquote>英特尔将在法国、德国和意大利扩张</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel to Expand in France, Germany and Italy in Comeback<blockquote>英特尔将在法国、德国和意大利扩张</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-12-23 23:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- Intel Corp.’s global push to increase capacity will include adding facilities in France and Italy, as well as putting a major production site in Germany, according to people familiar with negotiations.</p><p><blockquote>(彭博社)-据知情人士透露,英特尔公司在全球范围内提高产能的努力将包括在法国和意大利增加工厂,以及在德国建立一个主要生产基地。</blockquote></p><p> France will be home to a research and design center, and Italy will be the location of a test and assembly factory, according to the people, who asked not to be identified because the plan hasn’t been announced. The main wafer fabrication plant, or fab, will likely be built in Germany, according to the people. Altogether, the expansion will cost tens of billions of dollars.</p><p><blockquote>据知情人士透露,法国将成为研究和设计中心的所在地,意大利将成为测试和组装工厂的所在地。由于该计划尚未公布,这些知情人士要求匿名。据知情人士透露,主要的晶圆制造厂(fab)可能会建在德国。总的来说,扩建将耗资数百亿美元。</blockquote></p><p> Chief Executive Officer Pat Gelsinger is trying to restore the world’s largest chipmaker to its former glory. The company has lost its technological edge to rivals and ceded market share -- something the spending binge is meant to address. Gelsinger also wants to bring more production back to the U.S. and Europe, counterbalancing Asia’s manufacturing dominance.</p><p><blockquote>首席执行官帕特·基辛格(Pat Gelsinger)正试图让这家全球最大的芯片制造商恢复昔日的辉煌。该公司已经将技术优势输给了竞争对手,并放弃了市场份额——这正是支出狂潮旨在解决的问题。基辛格还希望将更多生产带回美国和欧洲,平衡亚洲的制造业主导地位。</blockquote></p><p> Representatives of the French, German and Italian governments declined to comment, as did Intel spokespeople in Europe and the U.S.</p><p><blockquote>法国、德国和意大利政府代表拒绝置评,英特尔在欧洲和美国的发言人也拒绝置评。</blockquote></p><p> For Europe, the move would slow its decline as a manufacturing base in the $400 billion chip industry. The U.S. company has an existing plant in Ireland and there are older former Advanced Micro Devices Inc. processor factories that are owned by Globalfoundries Inc. in Dresden, Germany. But European manufacturers typically don’t make the kind of advanced logic chips that are regarded as the state of the art in the industry.</p><p><blockquote>对于欧洲来说,此举将减缓其作为4000亿美元芯片行业制造基地的衰落。这家美国公司在爱尔兰有一家现有工厂,在德国德累斯顿还有Globalfoundries Inc.拥有的较老的前Advanced Micro Devices Inc.处理器工厂。但欧洲制造商通常不生产被视为业内最先进的先进逻辑芯片。</blockquote></p><p> NXP Semiconductors NV and STMicroelectronics NV are the continent’s two largest homegrown chipmakers. They focus on parts for cars and other equipment -- rather than the advanced computer processors that are Intel’s specialty.</p><p><blockquote>恩智浦半导体公司和意法半导体公司是非洲大陆最大的两家本土芯片制造商。他们专注于汽车和其他设备的零部件,而不是英特尔擅长的先进计算机处理器。</blockquote></p><p> A global chip shortage also has renewed concerns about the concentration of production in Asia. Manufacturers such as Taiwan Semiconductor Manufacturing Co. and South Korea’s Samsung Electronics Co. have grown increasingly deft at producing chips, forcing Intel to play catch-up. Gelsinger has argued that spreading manufacturing around the world will help avoid the kinds of supply constraints that have hobbled whole industries this year, including automakers.</p><p><blockquote>全球芯片短缺也重新引发了人们对生产集中在亚洲的担忧。台积电公司和三星电子公司等制造商在生产芯片方面越来越熟练,迫使英特尔奋起直追。基辛格认为,将制造业扩展到世界各地将有助于避免今年阻碍包括汽车制造商在内的整个行业的供应限制。</blockquote></p><p> Part of Gelsinger’s plan is to build factories that make chips for other companies, directly rivaling TSMC in the so-called foundry business. Until now, Intel has typically only manufactured chips of its own design.</p><p><blockquote>基辛格计划的一部分是建立为其他公司制造芯片的工厂,在所谓的代工业务上直接与台积电竞争。到目前为止,英特尔通常只制造自己设计的芯片。</blockquote></p><p> To help fund his ambitions, he’s called on lawmakers on both sides of the Atlantic to give public money in the form of tax breaks and grants to chipmakers willing to build plants in Europe and the U.S.</p><p><blockquote>为了资助他的雄心,他呼吁大西洋两岸的立法者以税收减免和拨款的形式向愿意在欧洲和美国建厂的芯片制造商提供公共资金。</blockquote></p><p> By spreading around Intel’s spending, Gelsinger may be trying to placate as many EU members as he can to try to make sure that none of them try to object any central funding that’s made available. But the plans aren’t final yet. The mega-fab will likely be built in Saxony, with German regions of Saxony-Anhalt and Bavaria also in the running for the new factory.</p><p><blockquote>通过分散英特尔的支出,基辛格可能试图安抚尽可能多的欧盟成员国,以确保他们中没有人试图反对任何可用的中央资金。但是计划还没有最终确定。该大型工厂可能会建在萨克森州,德国萨克森-安哈尔特州和巴伐利亚州也在争夺新工厂。</blockquote></p><p> Intel’s ambitious new ventures could bring thousands of jobs. The company is also planning to create 4,000 jobs in Malaysia via a $7.1 billion investment in new chip packaging facilities.</p><p><blockquote>英特尔雄心勃勃的新企业可能会带来数千个就业机会。该公司还计划通过投资71亿美元建设新的芯片封装设施,在马来西亚创造4,000个就业岗位。</blockquote></p><p> Intel’s shares increased 1.2% in early trading Thursday.</p><p><blockquote>英特尔股价周四早盘上涨1.2%。</blockquote></p><p> Even with the potential government help, Intel is budgeting as much as $28 billion for new plants and equipment in 2022, up from roughly $18 billion this year. The spending plans have jarred investors, who worry about the toll on profit. But the massive increase in expenditures will only put Intel on course to keep up with TSMC and Samsung’s spending.</p><p><blockquote>即使有政府的潜在帮助,英特尔2022年的新工厂和设备预算仍高达280亿美元,高于今年的约180亿美元。这些支出计划令投资者感到不安,他们担心利润会受到影响。但支出的大幅增加只会让英特尔跟上台积电和三星的支出。</blockquote></p><p> Shares of Intel, based in Santa Clara, California, have gained just 2.3% this year -- even as its peers have enjoyed boom times. The Philadelphia Stock Exchange Semiconductor Index has climbed 39%, with companies such as Nvidia Corp. more than doubling.</p><p><blockquote>总部位于加利福尼亚州圣克拉拉的英特尔股价今年仅上涨了2.3%,尽管其同行经历了繁荣时期。费城证券交易所半导体指数上涨了39%,英伟达公司等公司的股价上涨了一倍多。</blockquote></p><p> State-of-the art chip production plants cost more than $20 billion, and their most expensive component -- machinery -- is usually obsolete within five years. The German plant could have a price tag in that range. The Italian test and assembly plant, meanwhile, will cost around $10 billion. Intel and government officials there are still negotiating on the site, with Sicily being one area under consideration, according to one of the people familiar with the situation.</p><p><blockquote>最先进的芯片生产厂耗资超过200亿美元,其最昂贵的部件——机械——通常会在五年内过时。德国工厂的价格标签可能在这个范围内。与此同时,意大利测试和装配厂将耗资约100亿美元。据一位知情人士透露,英特尔和那里的政府官员仍在就该地点进行谈判,西西里岛是正在考虑的地区之一。</blockquote></p><p> The French R&D center may be built in either Paris or Grenoble, according to another person. Such facilities typically cost only a fraction of the amount needed to build a factory.</p><p><blockquote>另一位人士称,法国研发中心可能建在巴黎或格勒诺布尔。此类设施的成本通常仅为建造工厂所需费用的一小部分。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/intel-expand-france-germany-italy-091904071.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://finance.yahoo.com/news/intel-expand-france-germany-italy-091904071.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152565085","content_text":"(Bloomberg) -- Intel Corp.’s global push to increase capacity will include adding facilities in France and Italy, as well as putting a major production site in Germany, according to people familiar with negotiations.\nFrance will be home to a research and design center, and Italy will be the location of a test and assembly factory, according to the people, who asked not to be identified because the plan hasn’t been announced. The main wafer fabrication plant, or fab, will likely be built in Germany, according to the people. Altogether, the expansion will cost tens of billions of dollars.\nChief Executive Officer Pat Gelsinger is trying to restore the world’s largest chipmaker to its former glory. The company has lost its technological edge to rivals and ceded market share -- something the spending binge is meant to address. Gelsinger also wants to bring more production back to the U.S. and Europe, counterbalancing Asia’s manufacturing dominance.\nRepresentatives of the French, German and Italian governments declined to comment, as did Intel spokespeople in Europe and the U.S.\nFor Europe, the move would slow its decline as a manufacturing base in the $400 billion chip industry. The U.S. company has an existing plant in Ireland and there are older former Advanced Micro Devices Inc. processor factories that are owned by Globalfoundries Inc. in Dresden, Germany. But European manufacturers typically don’t make the kind of advanced logic chips that are regarded as the state of the art in the industry.\nNXP Semiconductors NV and STMicroelectronics NV are the continent’s two largest homegrown chipmakers. They focus on parts for cars and other equipment -- rather than the advanced computer processors that are Intel’s specialty.\nA global chip shortage also has renewed concerns about the concentration of production in Asia. Manufacturers such as Taiwan Semiconductor Manufacturing Co. and South Korea’s Samsung Electronics Co. have grown increasingly deft at producing chips, forcing Intel to play catch-up. Gelsinger has argued that spreading manufacturing around the world will help avoid the kinds of supply constraints that have hobbled whole industries this year, including automakers.\nPart of Gelsinger’s plan is to build factories that make chips for other companies, directly rivaling TSMC in the so-called foundry business. Until now, Intel has typically only manufactured chips of its own design.\nTo help fund his ambitions, he’s called on lawmakers on both sides of the Atlantic to give public money in the form of tax breaks and grants to chipmakers willing to build plants in Europe and the U.S.\nBy spreading around Intel’s spending, Gelsinger may be trying to placate as many EU members as he can to try to make sure that none of them try to object any central funding that’s made available. But the plans aren’t final yet. The mega-fab will likely be built in Saxony, with German regions of Saxony-Anhalt and Bavaria also in the running for the new factory.\nIntel’s ambitious new ventures could bring thousands of jobs. The company is also planning to create 4,000 jobs in Malaysia via a $7.1 billion investment in new chip packaging facilities.\nIntel’s shares increased 1.2% in early trading Thursday.\nEven with the potential government help, Intel is budgeting as much as $28 billion for new plants and equipment in 2022, up from roughly $18 billion this year. The spending plans have jarred investors, who worry about the toll on profit. But the massive increase in expenditures will only put Intel on course to keep up with TSMC and Samsung’s spending.\nShares of Intel, based in Santa Clara, California, have gained just 2.3% this year -- even as its peers have enjoyed boom times. The Philadelphia Stock Exchange Semiconductor Index has climbed 39%, with companies such as Nvidia Corp. more than doubling.\nState-of-the art chip production plants cost more than $20 billion, and their most expensive component -- machinery -- is usually obsolete within five years. The German plant could have a price tag in that range. The Italian test and assembly plant, meanwhile, will cost around $10 billion. Intel and government officials there are still negotiating on the site, with Sicily being one area under consideration, according to one of the people familiar with the situation.\nThe French R&D center may be built in either Paris or Grenoble, according to another person. Such facilities typically cost only a fraction of the amount needed to build a factory.","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":2121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691420524,"gmtCreate":1640229506139,"gmtModify":1640229506265,"author":{"id":"3581472743019515","authorId":"3581472743019515","name":"2d90086a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581472743019515","idStr":"3581472743019515"},"themes":[],"htmlText":"Like pls+","listText":"Like pls+","text":"Like pls+","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691420524","repostId":"1164868978","repostType":4,"repost":{"id":"1164868978","kind":"news","pubTimestamp":1640229309,"share":"https://www.laohu8.com/m/news/1164868978?lang=zh_CN&edition=full","pubTime":"2021-12-23 11:15","market":"us","language":"en","title":"Does This Wildly Accurate S&P 500 Ratio Signal Doom for Investors in 2022?<blockquote>这种极其准确的标普500比率是否预示着2022年投资者的厄运?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1164868978","media":"Motley Fool","summary":"While I'm generally skeptical of stock market indicators, investors might want to pay attention to this one.","content":"<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul> <li>Predicting stock market performance is a near-impossible task.</li> <li>The Shiller P/E ratio may be as accurate an indicator as there is.</li> <li>But investors would still do well to focus on the long term.</li> </ul> If someone ever asks me what I think the market is going to do next, I usually reply by saying I have no idea. I believe most investors would be wise to adopt this philosophy.</p><p><blockquote><ul><li>预测股市表现几乎是一项不可能完成的任务。</li><li>席勒市盈率可能是最准确的指标。</li><li>但投资者最好还是着眼于长期。</li></ul>如果有人问我认为市场下一步会做什么,我通常会回答说我不知道。我相信大多数投资者采用这种理念是明智的。</blockquote></p><p> This still doesn't prevent people from trying to forecast where things will go next. As investors, we want to appear like we know what the <b>S&P 500</b>'s performance will be in the future. Then we can position our portfolios accordingly.</p><p><blockquote>这仍然不妨碍人们试图预测接下来事情的走向。作为投资者,我们希望表现得好像我们知道<b>标普500</b>的表现将在未来。然后我们可以相应地定位我们的投资组合。</blockquote></p><p> But is there a data point out there that can signal with any level of accuracy what future returns will be? Read on to find out.</p><p><blockquote>但是,有没有一个数据点可以以任何精度表明未来的回报?请继续阅读,找出答案。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2869216c7d0cbc4c220f60d370cc7938\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> <b>Not a bad indicator</b></p><p><blockquote><b>不错的指标</b></blockquote></p><p> Every once in a while, I think the Shiller price-to-earnings(P/E) ratio, otherwise known as the cyclically adjusted P/E (CAPE) ratio, can provide a high-level view as to what prospective returns might be over the next decade.This metric is the P/E ratio of the S&P 500 using the average net income of the previous 10 years, adjusted for inflation.</p><p><blockquote>每隔一段时间,我认为席勒市盈率(P/E),也称为周期性调整市盈率(CAPE),可以提供一个关于未来十年预期回报的高层次视图。该指标是标普500的市盈率,使用前10年的平均净收入,经通货膨胀调整。</blockquote></p><p> If that sounds like a mouthful, don't worry. The objective of this data point is to smooth out any fluctuations in earnings. The highest it has ever been previously was in 1929 and 2000, and these times directly preceded bear markets. As you can see below, we are currently at the second highest level in history.</p><p><blockquote>如果这听起来很拗口,不要担心。该数据点的目标是消除收益的任何波动。此前的最高纪录是在1929年和2000年,而这两次都是在熊市之前。正如你在下面看到的,我们目前处于历史第二高的水平。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd7fb9cd4886d330700f25d58806f67a\" tg-width=\"720\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>S&P 500 SHILLER CAPE RATIO DATA BY YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>YCHARTS提供的标普500·席勒CAPE比率数据。</span></p></blockquote></p><p> According to Advisor Perspectives, which provides news and commentary for financial advisors, the CAPE ratio explained an incredible 90% of the variation in returns from 1995 to 2020. In other words, for an asset class that's completely random, this is as accurate an indicator as we're going to get.</p><p><blockquote>根据为财务顾问提供新闻和评论的Advisor Perspectives的数据,CAPE比率解释了1995年至2020年90%的回报变化。换句话说,对于完全随机的资产类别,这是我们将得到的最准确的指标。</blockquote></p><p> The S&P 500 has historically returned an average of 10% per year. But based on today's Shiller P/E ratio of 38, the market could be in for disappointing returns in 2022 and beyond.</p><p><blockquote>标普500历史上平均每年回报率为10%。但根据目前38的席勒市盈率,市场在2022年及以后的回报可能会令人失望。</blockquote></p><p> However, I don't think investors should panic just yet. The Great Recession of 2008 and 2009 and the coronavirus pandemic led to unprecedented amounts of government stimulus to support economic growth. Even with an elevated CAPE ratio over the past 10 years, the stock market just kept climbing higher. Credit the Federal Reserve for perhaps distorting the correlation between the Shiller P/E ratio and future returns.</p><p><blockquote>不过,我认为投资者现在还不应该恐慌。2008年和2009年的大衰退以及冠状病毒大流行导致政府采取了前所未有的刺激措施来支持经济增长。尽管过去10年CAPE比率有所上升,但股市仍在不断攀升。相信美联储可能扭曲了席勒市盈率和未来回报之间的相关性。</blockquote></p><p> <b>What should investors do?</b></p><p><blockquote><b>投资者应该怎么做?</b></blockquote></p><p> I firmly believe that you should only invest money in the stock market that you don't need for the next five years. This is because in the near term, the market is extremely unpredictable, but over longer time horizons, the probability of a positive return increases dramatically.</p><p><blockquote>我坚信,你应该只把未来五年不需要的钱投入股市。这是因为在短期内,市场是极其不可预测的,但在更长的时间范围内,正回报的概率会急剧增加。</blockquote></p><p> With that in mind, if you're looking to put capital to work right now when interest rates are near zero, you really don't have any other option than to invest in the stock market. Although the Shiller P/E ratio might signal a poor decade of returns ahead, where else would you park your money?</p><p><blockquote>考虑到这一点,如果你想在利率接近于零的时候立即投入资金,除了投资股市,你真的没有任何其他选择。尽管席勒市盈率可能预示着未来十年的回报不佳,但你还会把钱放在哪里呢?</blockquote></p><p> I believe that owning a well-diversified portfolio (at least 25 stocks) of competitively advantaged businesses that have proven track records and solid growth prospects is the best strategy you can pursue. Names like <b>Home Depot</b> (NYSE:HD) and <b>Starbucks</b>(NASDAQ:SBUX)immediately come to mind.</p><p><blockquote>我相信,拥有一个多元化的投资组合(至少25只股票),其中包括具有竞争优势的企业,这些企业具有良好的业绩记录和稳健的增长前景,是您可以追求的最佳策略。名字像<b>家得宝</b>(纽约证券交易所代码:HD)和<b>星巴克</b>(纳斯达克:SBUX)立即浮现在脑海中。</blockquote></p><p> The home-improvement giant has grown profits 16% annually over the past 10 years, is able to outshine competitors thanks to its massive scale, and still has huge expansion opportunities thanks to a robust U.S. housing market.</p><p><blockquote>这家家装巨头在过去10年中利润每年增长16%,凭借其庞大的规模能够超越竞争对手,并且由于美国房地产市场强劲,仍然拥有巨大的扩张机会。</blockquote></p><p> The giant coffeehouse chain possesses a powerful brand, supported by a top-notch loyalty program and premium status that resonates strongly with consumers. Starbucks' management estimates that by 2030, there'll be a whopping 55,000 locations worldwide, 63% higher than today's count.</p><p><blockquote>这家大型连锁咖啡馆拥有强大的品牌,由一流的忠诚度计划和与消费者产生强烈共鸣的优质地位提供支持。星巴克管理层估计,到2030年,全球门店数量将达到55,000家,比目前的数量增加63%。</blockquote></p><p> <b>Focus on what really matters</b></p><p><blockquote><b>专注于真正重要的事情</b></blockquote></p><p> No matter what the Shiller P/E ratio says, I think Home Depot and Starbucks will continue to do well and be solid additions to anyone's portfolio. This is what investors must focus on. Concentrate intensely on the quality of the companies you own, and you'll surely do well over time.</p><p><blockquote>无论席勒市盈率如何,我认为家得宝和星巴克将继续表现良好,并成为任何人投资组合的坚实补充。这是投资者必须重点关注的。专注于你所拥有的公司的质量,随着时间的推移,你肯定会做得很好。</blockquote></p><p></p><p> Trying to time the market based on whether you think it's cheap or expensive is not a game you want to play. Adding savings at regular intervals -- known as dollar-cost averaging-- reduces any biases you may have andallows you to improve your cost basis on stocks you buy.</p><p><blockquote>试图根据您认为市场便宜还是昂贵来把握市场时机并不是您想玩的游戏。定期增加储蓄(称为平均成本法)可以减少您可能存在的任何偏见,并允许您改善购买股票的成本基础。</blockquote></p><p> We're living in interesting times. There's still lots of uncertainty in the market today with no shortage of so-called experts telling us what we should do with our money. While the Shiller P/E ratio is a tool you can add to your investing arsenal, ignore the noise and keep your eyes on the long term.</p><p><blockquote>我们生活在一个有趣的时代。今天的市场仍然存在很多不确定性,不乏所谓的专家告诉我们应该如何处理我们的钱。虽然席勒市盈率是您可以添加到投资武器库中的工具,但请忽略噪音并着眼于长期。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Does This Wildly Accurate S&P 500 Ratio Signal Doom for Investors in 2022?<blockquote>这种极其准确的标普500比率是否预示着2022年投资者的厄运?</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDoes This Wildly Accurate S&P 500 Ratio Signal Doom for Investors in 2022?<blockquote>这种极其准确的标普500比率是否预示着2022年投资者的厄运?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-23 11:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul> <li>Predicting stock market performance is a near-impossible task.</li> <li>The Shiller P/E ratio may be as accurate an indicator as there is.</li> <li>But investors would still do well to focus on the long term.</li> </ul> If someone ever asks me what I think the market is going to do next, I usually reply by saying I have no idea. I believe most investors would be wise to adopt this philosophy.</p><p><blockquote><ul><li>预测股市表现几乎是一项不可能完成的任务。</li><li>席勒市盈率可能是最准确的指标。</li><li>但投资者最好还是着眼于长期。</li></ul>如果有人问我认为市场下一步会做什么,我通常会回答说我不知道。我相信大多数投资者采用这种理念是明智的。</blockquote></p><p> This still doesn't prevent people from trying to forecast where things will go next. As investors, we want to appear like we know what the <b>S&P 500</b>'s performance will be in the future. Then we can position our portfolios accordingly.</p><p><blockquote>这仍然不妨碍人们试图预测接下来事情的走向。作为投资者,我们希望表现得好像我们知道<b>标普500</b>的表现将在未来。然后我们可以相应地定位我们的投资组合。</blockquote></p><p> But is there a data point out there that can signal with any level of accuracy what future returns will be? Read on to find out.</p><p><blockquote>但是,有没有一个数据点可以以任何精度表明未来的回报?请继续阅读,找出答案。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2869216c7d0cbc4c220f60d370cc7938\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源:盖蒂图片社。</span></p></blockquote></p><p> <b>Not a bad indicator</b></p><p><blockquote><b>不错的指标</b></blockquote></p><p> Every once in a while, I think the Shiller price-to-earnings(P/E) ratio, otherwise known as the cyclically adjusted P/E (CAPE) ratio, can provide a high-level view as to what prospective returns might be over the next decade.This metric is the P/E ratio of the S&P 500 using the average net income of the previous 10 years, adjusted for inflation.</p><p><blockquote>每隔一段时间,我认为席勒市盈率(P/E),也称为周期性调整市盈率(CAPE),可以提供一个关于未来十年预期回报的高层次视图。该指标是标普500的市盈率,使用前10年的平均净收入,经通货膨胀调整。</blockquote></p><p> If that sounds like a mouthful, don't worry. The objective of this data point is to smooth out any fluctuations in earnings. The highest it has ever been previously was in 1929 and 2000, and these times directly preceded bear markets. As you can see below, we are currently at the second highest level in history.</p><p><blockquote>如果这听起来很拗口,不要担心。该数据点的目标是消除收益的任何波动。此前的最高纪录是在1929年和2000年,而这两次都是在熊市之前。正如你在下面看到的,我们目前处于历史第二高的水平。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd7fb9cd4886d330700f25d58806f67a\" tg-width=\"720\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>S&P 500 SHILLER CAPE RATIO DATA BY YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>YCHARTS提供的标普500·席勒CAPE比率数据。</span></p></blockquote></p><p> According to Advisor Perspectives, which provides news and commentary for financial advisors, the CAPE ratio explained an incredible 90% of the variation in returns from 1995 to 2020. In other words, for an asset class that's completely random, this is as accurate an indicator as we're going to get.</p><p><blockquote>根据为财务顾问提供新闻和评论的Advisor Perspectives的数据,CAPE比率解释了1995年至2020年90%的回报变化。换句话说,对于完全随机的资产类别,这是我们将得到的最准确的指标。</blockquote></p><p> The S&P 500 has historically returned an average of 10% per year. But based on today's Shiller P/E ratio of 38, the market could be in for disappointing returns in 2022 and beyond.</p><p><blockquote>标普500历史上平均每年回报率为10%。但根据目前38的席勒市盈率,市场在2022年及以后的回报可能会令人失望。</blockquote></p><p> However, I don't think investors should panic just yet. The Great Recession of 2008 and 2009 and the coronavirus pandemic led to unprecedented amounts of government stimulus to support economic growth. Even with an elevated CAPE ratio over the past 10 years, the stock market just kept climbing higher. Credit the Federal Reserve for perhaps distorting the correlation between the Shiller P/E ratio and future returns.</p><p><blockquote>不过,我认为投资者现在还不应该恐慌。2008年和2009年的大衰退以及冠状病毒大流行导致政府采取了前所未有的刺激措施来支持经济增长。尽管过去10年CAPE比率有所上升,但股市仍在不断攀升。相信美联储可能扭曲了席勒市盈率和未来回报之间的相关性。</blockquote></p><p> <b>What should investors do?</b></p><p><blockquote><b>投资者应该怎么做?</b></blockquote></p><p> I firmly believe that you should only invest money in the stock market that you don't need for the next five years. This is because in the near term, the market is extremely unpredictable, but over longer time horizons, the probability of a positive return increases dramatically.</p><p><blockquote>我坚信,你应该只把未来五年不需要的钱投入股市。这是因为在短期内,市场是极其不可预测的,但在更长的时间范围内,正回报的概率会急剧增加。</blockquote></p><p> With that in mind, if you're looking to put capital to work right now when interest rates are near zero, you really don't have any other option than to invest in the stock market. Although the Shiller P/E ratio might signal a poor decade of returns ahead, where else would you park your money?</p><p><blockquote>考虑到这一点,如果你想在利率接近于零的时候立即投入资金,除了投资股市,你真的没有任何其他选择。尽管席勒市盈率可能预示着未来十年的回报不佳,但你还会把钱放在哪里呢?</blockquote></p><p> I believe that owning a well-diversified portfolio (at least 25 stocks) of competitively advantaged businesses that have proven track records and solid growth prospects is the best strategy you can pursue. Names like <b>Home Depot</b> (NYSE:HD) and <b>Starbucks</b>(NASDAQ:SBUX)immediately come to mind.</p><p><blockquote>我相信,拥有一个多元化的投资组合(至少25只股票),其中包括具有竞争优势的企业,这些企业具有良好的业绩记录和稳健的增长前景,是您可以追求的最佳策略。名字像<b>家得宝</b>(纽约证券交易所代码:HD)和<b>星巴克</b>(纳斯达克:SBUX)立即浮现在脑海中。</blockquote></p><p> The home-improvement giant has grown profits 16% annually over the past 10 years, is able to outshine competitors thanks to its massive scale, and still has huge expansion opportunities thanks to a robust U.S. housing market.</p><p><blockquote>这家家装巨头在过去10年中利润每年增长16%,凭借其庞大的规模能够超越竞争对手,并且由于美国房地产市场强劲,仍然拥有巨大的扩张机会。</blockquote></p><p> The giant coffeehouse chain possesses a powerful brand, supported by a top-notch loyalty program and premium status that resonates strongly with consumers. Starbucks' management estimates that by 2030, there'll be a whopping 55,000 locations worldwide, 63% higher than today's count.</p><p><blockquote>这家大型连锁咖啡馆拥有强大的品牌,由一流的忠诚度计划和与消费者产生强烈共鸣的优质地位提供支持。星巴克管理层估计,到2030年,全球门店数量将达到55,000家,比目前的数量增加63%。</blockquote></p><p> <b>Focus on what really matters</b></p><p><blockquote><b>专注于真正重要的事情</b></blockquote></p><p> No matter what the Shiller P/E ratio says, I think Home Depot and Starbucks will continue to do well and be solid additions to anyone's portfolio. This is what investors must focus on. Concentrate intensely on the quality of the companies you own, and you'll surely do well over time.</p><p><blockquote>无论席勒市盈率如何,我认为家得宝和星巴克将继续表现良好,并成为任何人投资组合的坚实补充。这是投资者必须重点关注的。专注于你所拥有的公司的质量,随着时间的推移,你肯定会做得很好。</blockquote></p><p></p><p> Trying to time the market based on whether you think it's cheap or expensive is not a game you want to play. Adding savings at regular intervals -- known as dollar-cost averaging-- reduces any biases you may have andallows you to improve your cost basis on stocks you buy.</p><p><blockquote>试图根据您认为市场便宜还是昂贵来把握市场时机并不是您想玩的游戏。定期增加储蓄(称为平均成本法)可以减少您可能存在的任何偏见,并允许您改善购买股票的成本基础。</blockquote></p><p> We're living in interesting times. There's still lots of uncertainty in the market today with no shortage of so-called experts telling us what we should do with our money. While the Shiller P/E ratio is a tool you can add to your investing arsenal, ignore the noise and keep your eyes on the long term.</p><p><blockquote>我们生活在一个有趣的时代。今天的市场仍然存在很多不确定性,不乏所谓的专家告诉我们应该如何处理我们的钱。虽然席勒市盈率是您可以添加到投资武器库中的工具,但请忽略噪音并着眼于长期。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/12/22/wildly-accurate-sp-500-ratio-signal-doom-2022/\">Motley Fool</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","HD":"家得宝",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SBUX":"星巴克"},"source_url":"https://www.fool.com/investing/2021/12/22/wildly-accurate-sp-500-ratio-signal-doom-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164868978","content_text":"Key Points\n\nPredicting stock market performance is a near-impossible task.\nThe Shiller P/E ratio may be as accurate an indicator as there is.\nBut investors would still do well to focus on the long term.\n\nIf someone ever asks me what I think the market is going to do next, I usually reply by saying I have no idea. I believe most investors would be wise to adopt this philosophy.\nThis still doesn't prevent people from trying to forecast where things will go next. As investors, we want to appear like we know what the S&P 500's performance will be in the future. Then we can position our portfolios accordingly.\nBut is there a data point out there that can signal with any level of accuracy what future returns will be? Read on to find out.\nIMAGE SOURCE: GETTY IMAGES.\nNot a bad indicator\nEvery once in a while, I think the Shiller price-to-earnings(P/E) ratio, otherwise known as the cyclically adjusted P/E (CAPE) ratio, can provide a high-level view as to what prospective returns might be over the next decade.This metric is the P/E ratio of the S&P 500 using the average net income of the previous 10 years, adjusted for inflation.\nIf that sounds like a mouthful, don't worry. The objective of this data point is to smooth out any fluctuations in earnings. The highest it has ever been previously was in 1929 and 2000, and these times directly preceded bear markets. As you can see below, we are currently at the second highest level in history.\nS&P 500 SHILLER CAPE RATIO DATA BY YCHARTS.\nAccording to Advisor Perspectives, which provides news and commentary for financial advisors, the CAPE ratio explained an incredible 90% of the variation in returns from 1995 to 2020. In other words, for an asset class that's completely random, this is as accurate an indicator as we're going to get.\nThe S&P 500 has historically returned an average of 10% per year. But based on today's Shiller P/E ratio of 38, the market could be in for disappointing returns in 2022 and beyond.\nHowever, I don't think investors should panic just yet. The Great Recession of 2008 and 2009 and the coronavirus pandemic led to unprecedented amounts of government stimulus to support economic growth. Even with an elevated CAPE ratio over the past 10 years, the stock market just kept climbing higher. Credit the Federal Reserve for perhaps distorting the correlation between the Shiller P/E ratio and future returns.\nWhat should investors do?\nI firmly believe that you should only invest money in the stock market that you don't need for the next five years. This is because in the near term, the market is extremely unpredictable, but over longer time horizons, the probability of a positive return increases dramatically.\nWith that in mind, if you're looking to put capital to work right now when interest rates are near zero, you really don't have any other option than to invest in the stock market. Although the Shiller P/E ratio might signal a poor decade of returns ahead, where else would you park your money?\nI believe that owning a well-diversified portfolio (at least 25 stocks) of competitively advantaged businesses that have proven track records and solid growth prospects is the best strategy you can pursue. Names like Home Depot (NYSE:HD) and Starbucks(NASDAQ:SBUX)immediately come to mind.\nThe home-improvement giant has grown profits 16% annually over the past 10 years, is able to outshine competitors thanks to its massive scale, and still has huge expansion opportunities thanks to a robust U.S. housing market.\nThe giant coffeehouse chain possesses a powerful brand, supported by a top-notch loyalty program and premium status that resonates strongly with consumers. Starbucks' management estimates that by 2030, there'll be a whopping 55,000 locations worldwide, 63% higher than today's count.\nFocus on what really matters\nNo matter what the Shiller P/E ratio says, I think Home Depot and Starbucks will continue to do well and be solid additions to anyone's portfolio. This is what investors must focus on. Concentrate intensely on the quality of the companies you own, and you'll surely do well over time.\nTrying to time the market based on whether you think it's cheap or expensive is not a game you want to play. Adding savings at regular intervals -- known as dollar-cost averaging-- reduces any biases you may have andallows you to improve your cost basis on stocks you buy.\nWe're living in interesting times. There's still lots of uncertainty in the market today with no shortage of so-called experts telling us what we should do with our money. While the Shiller P/E ratio is a tool you can add to your investing arsenal, ignore the noise and keep your eyes on the long term.","news_type":1,"symbols_score_info":{"SBUX":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9,"HD":0.9}},"isVote":1,"tweetType":1,"viewCount":2116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691467196,"gmtCreate":1640229345315,"gmtModify":1640229345402,"author":{"id":"3581472743019515","authorId":"3581472743019515","name":"2d90086a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581472743019515","idStr":"3581472743019515"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691467196","repostId":"2193113147","repostType":4,"isVote":1,"tweetType":1,"viewCount":2312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":818331687,"gmtCreate":1630374948749,"gmtModify":1704959320285,"author":{"id":"3581472743019515","authorId":"3581472743019515","name":"2d90086a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581472743019515","idStr":"3581472743019515"},"themes":[],"htmlText":"Nice!!!!!","listText":"Nice!!!!!","text":"Nice!!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/818331687","repostId":"1111747177","repostType":4,"isVote":1,"tweetType":1,"viewCount":2356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":804427538,"gmtCreate":1627974333624,"gmtModify":1631890278412,"author":{"id":"3581472743019515","authorId":"3581472743019515","name":"2d90086a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581472743019515","idStr":"3581472743019515"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804427538","repostId":"2156464731","repostType":4,"isVote":1,"tweetType":1,"viewCount":2909,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":806239800,"gmtCreate":1627656689000,"gmtModify":1631885102484,"author":{"id":"3581472743019515","authorId":"3581472743019515","name":"2d90086a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581472743019515","idStr":"3581472743019515"},"themes":[],"htmlText":"Time to buy!","listText":"Time to buy!","text":"Time to buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/806239800","repostId":"1148228381","repostType":4,"isVote":1,"tweetType":1,"viewCount":2567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":808783555,"gmtCreate":1627610520177,"gmtModify":1631890278431,"author":{"id":"3581472743019515","authorId":"3581472743019515","name":"2d90086a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581472743019515","idStr":"3581472743019515"},"themes":[],"htmlText":"Buy the drop!","listText":"Buy the drop!","text":"Buy the drop!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/808783555","repostId":"1105519179","repostType":4,"isVote":1,"tweetType":1,"viewCount":2559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":809139302,"gmtCreate":1627351412306,"gmtModify":1631890278438,"author":{"id":"3581472743019515","authorId":"3581472743019515","name":"2d90086a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581472743019515","idStr":"3581472743019515"},"themes":[],"htmlText":"Oh noooo","listText":"Oh noooo","text":"Oh noooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/809139302","repostId":"1169428988","repostType":4,"isVote":1,"tweetType":1,"viewCount":2438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"followers","isTTM":false}