{"id":191,"date":"2021-01-13T08:16:54","date_gmt":"2021-01-13T07:16:54","guid":{"rendered":"http:\/\/apenize.cz\/?p=191"},"modified":"2021-01-13T08:16:56","modified_gmt":"2021-01-13T07:16:56","slug":"nuda-byciho-trhu","status":"publish","type":"post","link":"https:\/\/apenize.cz\/?p=191","title":{"rendered":"Nuda b\u00fd\u010d\u00edho trhu"},"content":{"rendered":"\n

Nestane se dlouhodob\u00e9 investov\u00e1n\u00ed na akciov\u00e9m trhu po \u010dase nudn\u00e9? Cel\u00fd ten proces \u010dten\u00ed v\u00fdro\u010dn\u00edch zpr\u00e1v, abyste na\u0161li dobr\u00e9 firmy a pak, pokud n\u011bjak\u00e9 najdete, z dlouhodob\u00e9ho hlediska se jejich dr\u017e\u00edte a vlastn\u011b nic ned\u011bl\u00e1te. Jak si m\u016f\u017eeme udr\u017eet z\u00e1jem o n\u011bco takov\u00e9ho? Jak m\u016f\u017ee b\u00fdt tento proces vzru\u0161uj\u00edc\u00ed?
Z\u00e1jem se postupn\u011b m\u016f\u017ee vytr\u00e1cet iz d\u016fvodu, \u017ee nejste schopni na rostouc\u00edm trhu naj\u00edt akcie, kter\u00e9 by se oplatili koupit, proto\u017ee se zd\u00e1 b\u00fdt v\u0161echno tak nafouknut\u00e9.<\/p>\n\n\n\n

Ach ta nuda!
Jak emocion\u00e1ln\u00ed stav nuda sah\u00e1 daleko zp\u011bt do minulosti. \u0158\u00edmsk\u00fd filozof Seneca ozna\u010dil nudu za druh nevolnosti. D\u00e1nsk\u00fd filozof S\u00f8ren Kierkegaard ji popsal ve sv\u00e9 knize Bu\u010f \/ Nebo: Fragment \u017eivota, takto: Adam se nudil, proto\u017ee byl s\u00e1m. Z toho d\u016fvodu byla stvo\u0159ena Eva. Od tohoto okam\u017eiku do sv\u011bta vstoupila nuda a kvantita rostla p\u0159esn\u011b v pom\u011bru k r\u016fstu populace. Adam se nudil s\u00e1m, pak se Adam a Eva nudili spolu, n\u00e1sledn\u011b se Adam a Eva a Kain a \u00c1bel nudili famili\u00e1rn\u011b. Pak se po\u010det obyvatel sv\u011bta zv\u00fd\u0161il a n\u00e1rody se nudili hromadn\u011b.<\/p>\n\n\n\n

Wikipedia definuje slovo „nuda“ jako emocion\u00e1ln\u00ed nebo psychick\u00fd stav, kter\u00fd pro\u017e\u00edv\u00e1 jedinec ponech\u00e1n ani\u017e n\u011bco konkr\u00e9tn\u011b d\u011blal, nezaj\u00edm\u00e1 se o sv\u00e9 okol\u00ed nebo m\u00e1 pocit, \u017ee den nebo obdob\u00ed je nudn\u00e9. Pro v\u011bt\u0161inu lid\u00ed je nuda p\u0159echodn\u00fd, t\u00e9m\u011b\u0159 trivi\u00e1ln\u00ed pocit, kter\u00fd se zvy\u0161uje v okam\u017eiku, kdy je dokon\u010dena \u00faloha nebo kon\u010d\u00ed p\u0159edn\u00e1\u0161ka.<\/p>\n\n\n\n

Ale podle v\u011bdy m\u00e1 nuda i svou stinnou str\u00e1nku. Snadno znud\u011bn\u00ed lid\u00e9 jsou vystaveni vy\u0161\u0161\u00edmu riziku deprese, \u00fazkosti, drogov\u00fdch z\u00e1vislost\u00ed, alkoholismu, nutkav\u00e9 hr\u00e1\u010dstv\u00ed, poruch stravov\u00e1n\u00ed, nep\u0159\u00e1telstv\u00ed, hn\u011bvu, slab\u00fdch soci\u00e1ln\u00edch dovednost\u00ed, \u0161patn\u00fdch zn\u00e1mek a n\u00edzk\u00e9ho pracovn\u00edho v\u00fdkonu.<\/p>\n\n\n\n

Pokud jde o investov\u00e1n\u00ed na akciov\u00e9m trhu, nuda m\u016f\u017ee b\u00fdt zni\u010duj\u00edc\u00ed, zejm\u00e9na pro lidi, kte\u0159\u00ed se snadno dostanou do nudy.<\/p>\n\n\n\n

Bertrand Russell napsal ve sv\u00e9 knize Dobyt\u00ed \u0161t\u011bst\u00ed: „nudim se m\u00e9n\u011b ne\u017e na\u0161i p\u0159edkov\u00e9, ale sp\u00ed\u0161e se boj\u00edme nudy. Dozv\u011bd\u011bli jsme se, nebo sp\u00ed\u0161e v\u011b\u0159\u00edme, \u017ee nuda nen\u00ed sou\u010d\u00e1st\u00ed p\u0159irozen\u00e9ho \u017eivota \u010dlov\u011bka, ale d\u00e1 se j\u00ed vyhnout dostate\u010dn\u011b energick\u00fdm sna\u017een\u00edm o vzru\u0161en\u00ed.<\/p>\n\n\n\n

Kdy\u017e u\u017e mluv\u00edme o odstran\u011bn\u00ed nudy snahou o vzru\u0161en\u00ed, najdeme v\u011bt\u0161inou r\u016fst konzumu, kter\u00fd zachv\u00e1til modern\u00ed spole\u010dnost. Jedn\u00edm z d\u016fvod\u016f, pro\u010d tolik lid\u00ed nakupuje mno\u017estv\u00ed v\u011bc\u00ed, kter\u00e9 nepot\u0159ebuj\u00ed, je ten, \u017ee takov\u00fd n\u00e1kup jim pom\u00e1h\u00e1 zab\u00edjet nudu (nebo si to alespo\u0148 mysl\u00ed). Nakupov\u00e1n\u00ed v jejich o\u010d\u00edch nen\u00ed pouze aktem utr\u00e1cen\u00ed pen\u011bz na n\u00e1kup v\u011bc\u00ed, kter\u00e9 jako\u017ee pot\u0159ebuj\u00ed, ale i terapi\u00ed proti nud\u011b.<\/p>\n\n\n\n

V odv\u011btv\u00ed zprost\u0159edkov\u00e1n\u00ed n\u00e1kupu \u010di prodeje cenn\u00fdch pap\u00edr\u016f, obchodov\u00e1n\u00ed na burze a mimo n\u00ed nen\u00ed pouze projevem nadm\u011brn\u00e9 d\u016fv\u011bry obchodn\u00edka. U\u017e jen vzru\u0161en\u00ed z neust\u00e1l\u00e9 \u010dinnosti pom\u00e1h\u00e1 p\u0159i zab\u00edjen\u00ed nudy, kterou si \u010das od \u010dasu m\u016f\u017ee vytvo\u0159it akciov\u00fd trh.<\/p>\n\n\n\n

Znud\u011bn\u00fd investor – nebezpe\u010dn\u00e1 v\u011bc
Jason Zweig se v \u010dl\u00e1nku, kter\u00fd napsal koncem roku 2016, zm\u00ednil o tom, jak nudn\u00fd investor p\u0159edstavuje nebezpe\u010d\u00ed pro sebe sam\u00e9ho. Znud\u011bn\u00fd investor pravd\u011bpodobn\u011b sp\u00ed\u0161e podlehne rozmar\u016fm ostatn\u00edch znud\u011bn\u00fdch investor\u016f pohybuj\u00edc\u00edch se ve st\u00e1d\u011b.<\/p>\n\n\n\n

To v\u0161e plat\u00ed pro profesion\u00e1ln\u00ed i individu\u00e1ln\u00ed investory. Fred Schwed ve sv\u00e9 klasick\u00e9 knize Where Are the Customers ‚Yachts?, Vydan\u00e9 v roce 1940, napsal: „V\u00e1\u0161 pr\u016fm\u011brn\u00fd Wall Streeter, kter\u00fd pr\u00e1v\u011b nevid\u00ed nic v\u00fdnosn\u00e9, ned\u011bl\u00e1 nic jen na kr\u00e1tkou dobu. Potom n\u00e1hle a hystericky ud\u011bl\u00e1 n\u011bco, co se uk\u00e1\u017ee jako mimo\u0159\u00e1dn\u011b nerentabiln\u00ed. Nen\u00ed to l\u00edn\u00fd \u010dlov\u011bk. „<\/p>\n\n\n\n

Nuda b\u00fd\u010d\u00edho trhu<\/p>\n\n\n\n

A\u0165 u\u017e tedy investujete sami nebo spolupracujete s finan\u010dn\u00edm poradcem, je d\u016fle\u017eit\u00e9 odolat p\u0159ita\u017elivosti n\u011bco ud\u011blat.<\/p>\n\n\n\n

P\u0159idejme je\u0161t\u011b slova Charlese Ellise, jeho\u017e ozna\u010duj\u00ed za nejmoud\u0159ej\u0161\u00edho mu\u017ee Wall Street. „Neust\u00e1l\u00fdm procesem je i investice. Nem\u011blo by to b\u00fdt nic zaj\u00edmav\u00e9. Pokud p\u016fjdete na trhu do akci\u00ed, proto\u017ee chcete vzru\u0161en\u00ed, d\u0159\u00edve nebo pozd\u011bji prohrajete. „<\/p>\n\n\n\n

Je vzru\u0161uj\u00edc\u00ed, kdy\u017e aktiva v\u00fdrazn\u011b stoupaj\u00ed nebo klesaj\u00ed? Zpravidla ne. Je nuda d\u00edvat se na v\u011bci, kter\u00e9 se p\u0159\u00edli\u0161 neh\u00fdbou. Je nudn\u00e9 \u010dekat, dokud trh potvrd\u00ed va\u0161e hodnocen\u00ed z\u00e1kladn\u00edho fundamentu. Je nudn\u00e9 prod\u00edrat se finan\u010dn\u00edmi v\u00fdkazy nebo zpr\u00e1vami a pak zjistit, \u017ee spole\u010dnost je spravedliv\u011b ohodnocena. Je nuda \u010dekat na lep\u0161\u00ed p\u0159\u00edle\u017eitost ke koupi d\u00edla. Je nuda vlastnit spole\u010dnost, kter\u00e1 m\u00e1 vynikaj\u00edc\u00ed vyhl\u00eddky, ale o kter\u00e9 nikdo nikdy nesly\u0161el (nebo o n\u00ed pravd\u011bpodobn\u011b nikdy nebude). Je nuda z\u016fstat investor\u016fm do spole\u010dnosti, kter\u00e1 v tichosti zvy\u0161uje svou hodnotu (a jej\u00ed\u017e podnik\u00e1n\u00ed dob\u0159e rozum\u00edte), kdy\u017e se objev\u00ed l\u00e1kav\u011bj\u0161\u00ed nov\u00e9 p\u0159\u00edle\u017eitosti. Je nuda investovat stejn\u00fdm zp\u016fsobem, jak to d\u011bl\u00e1te v\u017edy, kdy\u017e je sv\u011bt kolem pln\u00fd „sofistikovan\u00fdch“ investor\u016f, kte\u0159\u00ed z\u00edsk\u00e1vaj\u00ed hodn\u011b pen\u011bz na z\u00e1klad\u011b komplexn\u00edch strategi\u00ed.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

Mana\u017ee\u0159i, f\u00faze a akvizice a snaha o vzru\u0161en\u00ed
Vishal Khandelwal pracoval v roce 2007 jako analytik, v t\u00e9 dob\u011b se setkal s finan\u010dn\u00edm \u0159editelem st\u0159edn\u011b velk\u00e9 IT spole\u010dnosti. „Za posledn\u00edch p\u011bt let jste ud\u011blali dob\u0159e, \u017ee jste zv\u00fd\u0161ili sv\u00e9 p\u0159\u00edjmy a zisky o 20% a v\u00edce,“ \u0159ekl mu.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nestane se dlouhodob\u00e9 investov\u00e1n\u00ed na akciov\u00e9m trhu po \u010dase nudn\u00e9? Cel\u00fd ten proces \u010dten\u00ed v\u00fdro\u010dn\u00edch zpr\u00e1v, abyste na\u0161li dobr\u00e9 firmy a pak, pokud n\u011bjak\u00e9 najdete, z dlouhodob\u00e9ho hlediska se jejich dr\u017e\u00edte a vlastn\u011b nic ned\u011bl\u00e1te. Jak si m\u016f\u017eeme udr\u017eet z\u00e1jem o n\u011bco takov\u00e9ho? Jak m\u016f\u017ee b\u00fdt tento proces vzru\u0161uj\u00edc\u00ed?Z\u00e1jem se postupn\u011b m\u016f\u017ee vytr\u00e1cet iz d\u016fvodu, […]<\/p>\n","protected":false},"author":2,"featured_media":192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-191","post","type-post","status-publish","format-standard","has-post-thumbnail","category-aktuality"],"amp_enabled":false,"_links":{"self":[{"href":"https:\/\/apenize.cz\/index.php?rest_route=\/wp\/v2\/posts\/191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/apenize.cz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/apenize.cz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/apenize.cz\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/apenize.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=191"}],"version-history":[{"count":0,"href":"https:\/\/apenize.cz\/index.php?rest_route=\/wp\/v2\/posts\/191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/apenize.cz\/index.php?rest_route=\/wp\/v2\/media\/192"}],"wp:attachment":[{"href":"https:\/\/apenize.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/apenize.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/apenize.cz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}