价值投资的风险观及其投资启示  

The Outlook of Value Investment and Its implications

作　　者：曾贵[1] 

机构地区：[1]湖南工程学院,湖南湘潭411104

出　　处：《湖南工业职业技术学院学报》2016年第5期20-23,共4页Journal of Hunan Industry Polytechnic

基　　金：2015年湖南省情与决策咨询项目"推动湖南产业空间布局优化的‘飞地经济’模式研究"(项目编号:2015BZZ113)

摘　　要：证券投资学院派与技术派把股票投资的风险定义为股价的波动,并用股票价格的相对波动幅度来度量投资风险的大小。价值投资的核心理念决定了价值投资的风险观。价值投资的风险观是基于企业经营的视角,把投入资本的永久性损失视为风险的本质,具有鲜明的保守主义投资风格。正确理解价值投资的风险观,对成功地进行投资股票具有重要的启示。Investment securities academic and technical schools define risk stock investments for fluctuations in stock prices, and use the relative volatility of the stock price to measure the size of the investment risk. The core concept of value investing determines the risk outlook of the value investment. The risk outlook of the value investment risk is based on the business perspective, and treats the permanent invested capital loss as the essence of the risk, with a distinctive conservatism investment style. Understanding the risk outlook of value investing has important implications to the successful stock investment.

关 键 词：价值投资 风险观 投资启示 

分 类 号：F832.5[经济管理—金融学]