[{"data":1,"prerenderedAt":1940},["ShallowReactive",2],{"library-ba-fei-te-1999nian-nei-bu-la-si-jia-jiao-yu-lun-tan-yan-jiang":3,"library-sidebar-buffett":404,"library-sidebar-dao":1406,"library-sidebar-models":1708},{"id":4,"title":5,"body":6,"category":390,"date":391,"description":392,"extension":393,"meta":394,"navigation":395,"order":396,"path":397,"seo":398,"seoDescription":392,"seoTitle":399,"slug":400,"stem":401,"__hash__":402,"_collection":403},"buffett\u002Fbuffett\u002Finterview\u002Fba-fei-te-1999nian-nei-bu-la-si-jia-jiao-yu-lun-tan-yan-jiang.md","巴菲特：1999年内布拉斯加教育论坛演讲",{"type":7,"value":8,"toc":371},"minimark",[9,13,18,25,28,31,34,37,40,43,53,56,71,74,77,80,83,86,93,99,102,105,108,115,118,121,126,129,135,142,145,148,151,157,161,168,171,174,177,180,184,187,190,193,196,199,203,214,217,220,223,227,234,240,249,253,256,260,263,269,273,276,279,282,286,289,292,296,302,305,316,319,325,331,341,344,347,351,354,358,361,368],[10,11,5],"h1",{"id":12},"巴菲特1999年内布拉斯加教育论坛演讲",[14,15,17],"h2",{"id":16},"巴菲特内布拉斯加教育论坛演讲1999","巴菲特：内布拉斯加教育论坛演讲1999",[19,20,21],"p",{},[22,23,24],"strong",{},"1999 年1 月",[19,26,27],{},"巴菲特：测试，一百万，两百万，三百万…",[19,29,30],{},"我想和你们聊聊你们的财务未来，希望这些数字在未来对你们每个人都适用。",[19,32,33],{},"现在我想先提出一个问题，而不是仅仅讲几分钟然后进行问答，因为我想谈谈你们关心的问题，但我希望你们先思考一下这个问题：如果你们今天走出这里，我说我想买下你们未来收入的10%，今天我会给你们一张支票，从今天起你们要给我你们收入的10%，你们会收我多少钱呢？",[19,35,36],{},"我要买你们的收入10%，顺便说一下，我可能会选择最低出价，所以要小心。",[19,38,39],{},"如果你们考虑一下这个问题，你们会意识到今天我会给你们一张支票，你们可以随意支配这笔钱，但从今天起你们必须给我你们收入的10%。我认为任何一个人要价少于五万美元都是很愚蠢的，尽管还需要几年你们才会开始赚钱，所以我会有几年的不赚钱，但之后我会开始从你们的收入中赚钱。",[19,41,42],{},"如果你们考虑清楚，你们中的大多数人会要价远远高于此，而且这是对的。幸运的是，我没有和任何人达成这种交易，所以没有拿走任何人的10%，但是我认为五万美元是最低限度，如果你们今天认为10%值五万美元，那意味着你们今天的价值是五十万美元，因为10%的你值五万美元现金。这是你们拥有的最大的金融资产，它比你们是否决定买股票、债券、投资共同基金或自己选择股票都要重要得多。",[19,44,45,48,49,52],{},[22,46,47],{},"你们目前最大的金融资产无疑是你们未来几年通过自身努力所创造的价值","。所以，",[22,50,51],{},"如果你们关注自己的财务未来，就应该关注你们自己","，因为无论你们的10%值5 万美元、100 万美元、还是300 万美元，这些都在很大程度上取决于你们在未来几年的表现。",[19,54,55],{},"在座的所有人都具备在生活中取得巨大成功的聪明才智和精力，关键是你们如何利用它们。如果你们有一台 200 马力的引擎，你们能否充分发挥出200 马力的潜能？还是只有100 马力，或50 马力？",[19,57,58,59,62,63,66,67,70],{},"有两件事情可能会阻碍你们充分发挥潜力，其中之一是",[22,60,61],{},"缺乏教育","，但这对在座的大多数人来说可能不会发生。如果你们缺乏教育，无法获得体面的教育，那么无论你们的潜力有多大也无从发挥。第二件同样重要的事情是",[22,64,65],{},"你们的习惯","，",[22,68,69],{},"你们如何对待自己","。当我雇佣员工时，我们会看三点：**品行、头脑和勤奋。但如果他们没有第一点品行，其他两点会害了你们。**如果你雇佣一个不诚信的人，你希望他又笨又懒，不是吗？你最不希望的是他既聪明又勤奋。聪明和勤奋只有在诚信的基础上才能起作用。",[19,72,73],{},"但好在你们可以自己决定这一点。你们无法改变自己的智商、投掷距离、跳跃高度或肤色，但你们可以选择拥有任何人的诚信。如果你们将**诚信与智慧和活力结合起来，你们会取得非凡的成果。**如果你们没有将其结合，你们的潜力会大部分未被利用。",[19,75,76],{},"我给你们一个简单的测试来思考你们想要培养的习惯，因为你们可以拥有任何习惯，可以懒散，可以准时，可以迟到，可以诚实，也可以投机取巧。这些选择都由你们自己做，没有人会替你们决定。",[19,78,79],{},"我建议你们和我玩一个小游戏，想一想你们最想成为的人，也许是你们的同龄人，也许是稍微年长的人，但挑选出你们最敬佩的人，你愿意和他交换身份的人，然后写下你敬佩他的原因，就写在一张纸上。",[19,81,82],{},"再想一想你最不愿意交换身份的人，你觉得最令人厌恶的人，写下你厌恶他的原因。那个人让你非常反感，把这些写在纸的另一边。",[19,84,85],{},"然后看看那张纸，你会发现左边列出的都是你在别人身上钦佩的品质，他们带给生活的品质：开朗、慷慨等等。你会发现这些品质你自己也可以拥有。这很简单，你只需要努力培养这些习惯，并且早早养成这些习惯，它们会伴随你一生。",[19,87,88,89,92],{},"另一方面，你会发现让人反感的品质：自私、讨厌、自负，这些都是没有人必须要拥有的。如果你发现自己有这些品质，可以尽早摆脱它们。所以，我的建议是，",[22,90,91],{},"写下一份你钦佩的品质清单，以及你鄙视的品质清单，然后决定你要培养哪些钦佩的品质，如果你能在年轻时做到这一点，这些习惯会伴随你一生","。",[19,94,95,96],{},"如果你在五六十岁时再做这个练习，可能效果就不那么明显了，因为那时习惯已经太根深蒂固了，但如果你早点开始，行为就会变成习惯。如果你在两三年后再做这个练习，你会发现你最钦佩的人是你自己，这在某些情况下可能有点危险，但并不是坏事。",[22,97,98],{},"你希望自己成为一个你喜欢的人，而不是一个你不喜欢的人。所以，早早培养这些习惯，你基本上不会出错。",[19,100,101],{},"再给你们一个小建议，这是前面建议的延伸，然后我们就进入问答环节。",[19,103,104],{},"关于金融方面的一个具体建议，我会说，避免使用信用卡，彻底忘掉它们。我们有一些发信用卡的业务，美国公众非常喜欢信用卡，但如果你开始累积信用卡债务，你将支付18%或20%的利息，而你无法通过这种高利率贷款来改善你的财务状况。如果你能以18%或20%的利率借出钱，你可以赚很多钱，如果你能找到愿意以这个利率借钱的人，但你不想总是处于财务上的劣势。",[19,106,107],{},"我很幸运，在我毕业时存了大约一万美元，那一万美元后来值了几百万，因为在你有了家庭和一切开销后，费用就会滚滚而来。但那些是我的工作资本，因为我一直领先一步。如果你在某个时候欠了一万美元，并支付18%或20%的利息，你将永远无法摆脱困境。",[19,109,110,111,114],{},"我的一个合伙人说，",[22,112,113],{},"他只想知道自己会在哪里死去，这样他就永远不会去那里","。在金融方面也是一样，你要提前知道你不想去哪里，并避免去那里。",[19,116,117],{},"我每天收到大约十二封信，这些信是来自遇到严重问题的人，他们有两个主要原因。其中一个原因是一些人遇到了健康问题，他们或他们的家人遭受了某种灾难性的疾病，这对任何家庭来说都是一件可怕的事情，他们累积了无法支付的账单，只有社会才能解决这个问题，这是纯粹的不幸。另一个原因是信用卡债务累积，他们面临破产或曾经破产，现在欠了一大笔钱，他们连利息都付不起，更不用说还本金了，我的信件中有一半来自这种人，而这种问题是可以避免的。",[19,119,120],{},"灾难性的疾病是无法避免的，但信用卡债务是自己造成的，避免陷入困境比摆脱困境要容易得多。如果你累积了大额的信用卡债务，你很可能会终生陷入财务困境。另一方面，如果你能领先一步，即使规模很小，让钱通过投资滚滚而来，所以我的建议是，如果你不能支付，就不要买，让自己处于能够支付任何东西的位置。",[122,123,125],"h3",{"id":124},"_1听众你会如何建议那些不一定进入高薪职业领域的人比如表演艺术或音乐如何建议我们在财务上跟上其他人","1.听众：你会如何建议那些不一定进入高薪职业领域的人，比如表演艺术或音乐，如何建议我们在财务上跟上其他人？",[19,127,128],{},"巴菲特：嗯，市场体系确实在某些活动中支付得不多，可能与这些活动的重要性不相称。以教学为例，教师的薪水并不高。但教育有什么能比教师更重要的呢？你需要像关心你孩子的老师一样关心其他事物，比如你的会计师或者其他事物，或者是谁是世界重量级冠军之类的，但是教育领域的薪水并不高。",[19,130,131,132,92],{},"是否要进入某些领域，这是一个基本的选择。对于许多人来说，是否要选择追随自己热爱的事业，还是选择追求赚取更多金钱，这是一个基本的选择。我认为，一般来说，",[22,133,134],{},"选择追随自己的兴趣是值得的",[19,136,137,138,141],{},"我很难找到这样人，当他们到了我这个年纪，会说他们一生都热爱他们的工作，觉得非常有价值，但因为没有赚很多钱而感到遗憾。我从未遇到过有人对我说，他们希望进入其他领域，即使不喜欢那样的工作或觉得那样的工作不很有成就感，但能赚很多钱。所以，我认为你不会遇到这种情况，",[22,139,140],{},"我会建议你去做任何让你感到兴奋的事情","。这可能会比你想象的更有利可图，除非你在这过程中养成了某些糟糕的习惯，几乎所有人在美国都能赚到足够的钱过得不错，而在这个国家，过得不错实际上已经是非常好了。我当时有一万美元时很开心，我现在仍然住在我41 年前买的房子里，我当时喜欢那栋房子，现在也喜欢那栋房子。",[19,143,144],{},"如果你有一份合理的工作，你会在麦当劳吃饭，而我也会在麦当劳吃饭，所以我们在吃方面是平等的。事实上，我希望吃乳品皇后，也许你来乳品皇后会见到我，我们都可以点菜单上的任何东西，我们都负担得起。你会穿和我一样的衣服，我的西装会更贵，但穿上后看起来还是便宜货，我们看起来会差不多。",[19,146,147],{},"我们都会住在类似的房子里，我住在41 年前的那栋房子里，它在冬天很暖和，夏天很凉爽，很舒适。你会住在类似的房子里，房子有50 个房间或客房并没有太大区别，这些可能只会带来麻烦，比如你需要操心花园工的问题。我去过一些人的家，他们的房子价值可能是我房子的200 倍，但我在那些房子里不会更快乐，反而会更不开心，因为有更多的事情需要担心，还有大量的仆人和管理问题。",[19,149,150],{},"我们会开类似的车，实际上你可能会开更好的车，我的车已经有八年了，我不知道现在值多少钱，但它能让我四处走动，我很满意。我们会看同样的电视，使用类似的电脑，唯一的区别是我们长途旅行的方式。我会坐更舒适的飞机，而不是西南航空，这就是唯一真正的区别。",[19,152,153,154],{},"除此之外**，我每天做我喜欢的事，希望你也每天做你喜欢的事。我和愉快的人一起工作，希望你也能和愉快的人一起工作**。这一天有24 小时，那就是我们花时间的地方。因此，巨大财富与体面的收入在实际意义上差异很小，",[22,155,156],{},"为了巨大财富而牺牲你喜欢做的事和原则是一个巨大的错误。",[122,158,160],{"id":159},"_2听众你认为你的成功更多是归功于自己还是别人的帮助和教导","2.听众：你认为你的成功更多是归功于自己还是别人的帮助和教导？",[19,162,163,164,167],{},"巴菲特：我在生活中非常幸运。",[22,165,166],{},"如果你告诉我谁是你的榜样，我可以很好地预测你的未来","。我有正确的榜样，我在生活中非常幸运，我的榜样从未让我失望，从我的父亲开始，还有一些在商业上的英雄，所以我有很棒的老师，有些是正式的老师，有些是非正式的老师，通过直觉或榜样来教我。",[19,169,170],{},"如果没有这些人，我的生活肯定会大不相同。如果我出生在别的地方，我的生活会完全不同。我1930 年出生，当时在世界上每50 个出生的人中有一个是在美国出生，所以我出生时就赢得了50：1 的概率，我要是出生在阿富汗或者秘鲁，我可能会一塌糊涂。我赢得了出生那天的彩票，因为我出生在这个国家，你也是。你不太可能在美国出生的概率可能是40：1，比你在中国出生的概率高五倍，比你在印度或其他地方出生的概率高四到五倍，在那些地方，发挥你的才华会更困难。",[19,172,173],{},"我们都赢得了彩票，这纯粹是运气。我出生在这个时候也很幸运，我擅长资本分配，但在其他社会或很多年前并不如此。我朋友比尔·盖茨说，如果我出生在几千年前，我会成为某些动物的午餐，因为我跑不快，爬不了树。这些才华现在没人需要，但在某个时候可能很重要。顺便说一句，比尔会成为动物的早餐，他跑得也不快。",[19,175,176],{},"无论如何，我们是幸运的。想象一下，如果你在几百年前出生，拥有完全相同的才华，哪些才华会带你走多远？今天的普通人生活得比100 或150 年前最富有的人好得多。我很幸运，有很棒的父母，我在奥马哈长大，有很好的公立教育系统，他们给我奠定了基础，即使我后来几次走偏了，他们的教育仍然帮助了我，因为我在奥马哈的小学教育非常好，尤其是玫瑰山小学。我之所以有那样的教育，部分原因是当时女性受到极大的歧视。当时女性可以做教师、秘书或护士，基本上就这些，所以有一半的美国人才被限制在少数职业中。",[19,178,179],{},"我一生都很幸运，我所做的事情是否比一个好老师或一个好护士的重要，我认为这是值得商榷的。在美国这样的市场经济中，它有巨大的回报，但那是偶然，与我的任何内在能力无关。",[122,181,183],{"id":182},"_3听众技术在推动世界经济方面发挥了巨大的作用您对未来技术产业的预测是什么它在世界经济和美国经济中的未来角色是什么","3.听众：技术在推动世界经济方面发挥了巨大的作用，您对未来技术产业的预测是什么？它在世界经济和美国经济中的未来角色是什么？",[19,185,186],{},"巴菲特：毫无疑问，它正在颠覆世界，已经开始了，但才刚刚开始，它发展得非常快。",[19,188,189],{},"我在1991 年7 月15 日遇见了盖茨。和朋友庆祝后，我去了华盛顿邮报，后来她带我们去拜访盖茨家族，他试图教我高科技，但效果还不如教猴子好。我真的听不太明白，但他是个好老师。他告诉我，当时他说你头脑中有一个关于世界的模型，这个模型认为时间和距离是非常有限制性的因素，但他说这些已经不再是限制因素了。他说，与世界各地的人交流或传播信息的成本将几乎为零，这在当时是革命性的想法，但现在已经非常普遍，仅仅八年时间，它就爆炸性地增长。",[19,191,192],{},"高科技、信息技术，无论你怎么称呼它，正在改变世界，并将以非常大的方式改变它。我们昨天宣布收购了波士顿地区的一家家具零售商，我必须考虑互联网对家具零售的影响，这些变化将是巨大的。昨天我和全国各地的人玩桥牌，但实际上我和全世界的人玩桥牌，我只需要坐在电脑前，旁边放些爆米花，穿着卡其裤和毛衣，在 30 秒内就可以和全世界的人玩桥牌，基本没有成本。这和以前安排奥马哈四个人的桥牌游戏完全不同，因为有人想打高尔夫，有人想看棒球，这就大不相同了。这改变了很多事情。",[19,194,195],{},"我们非常幸运，美国在这个领域领先世界，很难说谁是第二名。十五年前，这个国家有自卑情结，当时人们担心德国人和日本人会拥有一切，制造所有的钢铁和汽车、电视机，而我们只能翻汉堡。这种情况在短短15 年内发生了巨大变化，这在很大程度上归功于信息革命。",[19,197,198],{},"这是世界上最重要的行业，而美国在这个行业中的位置是不可思议的，我们一直在推进这一位置。所以，我认为这预示着世界未来的光明，也预示着这个国家的未来更加光明。",[122,200,202],{"id":201},"_4听众年轻人如何确保他们的财务未来","4.听众：年轻人如何确保他们的财务未来？",[19,204,205,206,209,210,213],{},"巴菲特：这并不复杂，首先要充分利用自己的才能。你未来20 年的收入是X 还是2X、3X，将取决于你",[22,207,208],{},"如何充分利用已拥有的才能，而不是你拥有了多少才能","。你的最佳财务未来是你自己的能力和利用这些能力的潜力，这些无法被夺走，也无法被征税。让我惊讶的是，表现优秀的人在经营业务时会立刻显现出来。当我刚毕业时，我以为每个人都会那样，但实际上不是。",[22,211,212],{},"大多数人像梦游一样度过生活。如果你不那样，你会脱颖而出","。因此，你的财务未来最大的因素是你自己。",[19,215,216],{},"除此之外，还要储蓄，要在储蓄方面保持领先而不是落后，不管你怎么做。我送过报纸，在百货公司工作，卖过高尔夫球，有过弹球机业务，我做了很多事情，使我在毕业时积累了约一万美元。虽然现在一万美元不如当时值钱，但有任何积蓄使你领先而不是落后是非常重要的。",[19,218,219],{},"如果你在生活中要与一群人进行百米赛跑，如果你能在枪响时领先10-15 码，而不是落后10-15 码，这将对比赛结果产生巨大的影响。因此，拥有一些净资本，不管是股票还是债券，在我看来并不重要，但在毕业时没有债务是巨大的优势。通过送报纸或兼职工作，给自己积攒一些钱，这样当机会来临时，你已经准备好了。",[19,221,222],{},"你初入职场时，如果你在起点上领先，而不是落后，那么你就要避免通过购买大量物品而让自己陷入还贷的困境，比如你通过(信用卡)支付20%利息去购买一堆东西。",[122,224,226],{"id":225},"_5听众随着教育成本的不断增加学生们在大学毕业后如何应对债务问题","5.听众：随着教育成本的不断增加，学生们在大学毕业后如何应对债务问题？",[19,228,229,230,233],{},"巴菲特：这是个很难的问题。我想我会尽快还清债务，并在上学之前尽量少负债。我要说的是，我在商业领域的经验告诉我，",[22,231,232],{},"高价的商业教育与便宜很多的教育相比，差别并不大","。我在内布拉斯加大学林肯分校完成了我的最后一年大学课程，之前在沃顿商学院读了两年。我在内布拉斯加大学学到的东西和在沃顿学到的一样多，并不是说沃顿不好，而是我在内布拉斯加大学有很好的教授。因此，我不会假设我在州内花几千美元接受教育和在其他地方花大量钱接受教育之间有很大的区别。",[19,235,236,239],{},[22,237,238],{},"教育中很大一部分是自学的，尽管需要有人引导正确的方向","。安德鲁·卡内基在图书馆方面为这个国家做了很大的贡献，我曾花很多时间在图书馆里，现在有了互联网，这一切变得更容易了。因此，获取信息变得更加方便，并不需要每年花3 万或3.5 万美元去上一些名校来获得教育。",[19,241,242,92,245,248],{},[22,243,244],{},"如果你要学习会计(可能是商业中最重要的课程)，我认为你在内布拉斯加大学和在哈佛学到的会计知识是完全一样的",[22,246,247],{},"我不会为商业教育负担巨额债务","。当然，如果你是医学等需要大量资金投入的专业，可能无可避免地需要负债，但你必须自己做出决定。我会尽量减少负债，并计划好如何在毕业后五年内处理这些债务，否则我会三思而后行。",[122,250,252],{"id":251},"_6听众您对建立非营利组织ngo-有什么建议","6.听众：您对建立非营利组织NGO 有什么建议？",[19,254,255],{},"巴菲特：我一直尽量避免建立非营利组织。不过，这取决于我想实现什么目标。例如，如果是医院，情况会有所不同。建立非营利组织需要有经验和参与其中的人，但这很大程度上取决于你的目标。",[122,257,259],{"id":258},"_7听众我知道您非常积极参与社区活动我想知道你认为这对个人生活有多重要为什么","7.听众：我知道您非常积极参与社区活动，我想知道你认为这对个人生活有多重要，为什么？",[19,261,262],{},"巴菲特：我不认为我非常积极参与社区活动。我做了一些事情，但没有很多。你在奥马哈的市民榜样应该是沃尔特·斯科特，他比我参与得更多，他的前任彼得·基维特也是如此。我的问题是，我太喜欢我所做的事情，以至于它占据了我的大部分时间，但我的家人非常积极参与各种社区活动，特别是我的孩子们。",[19,264,265,266,92],{},"我觉得你最终会做你想做的事情。我从未遇到过任何一个参与社区活动并不享受其中的人，他们都会觉得这是非常有价值的经历。参与建设某些东西总是很有趣，你会享受其中。如果你对政治感兴趣，找到你认同的政治理念或政治家，并投入其中，你会感到很有自我满足感。因此，我的建议是，",[22,267,268],{},"遵循你的直觉",[122,270,272],{"id":271},"_8听众我想知道您认为未来我们面临的最大经济问题是什么","8.听众：我想知道您认为未来我们面临的最大经济问题是什么？",[19,274,275],{},"巴菲特：我不认为你们会面临巨大的经济问题。我认为你们会生活在一个平均生活水平明显高于上一代或两代人的社会。这是这个国家的历史，它是一个了不起的国家。想想看，我们只有世界人口的4.5%，但我们创造了世界上53%的公开交易公司的价值。",[19,277,278],{},"这个**国家总是表现得很好，就像在股票市场上，买一个即使傻子也能经营的好企业，因为迟早会有一个傻子来经营，这似乎也是这个国家的历史。**我们经历了许多问题，但每一代人都生活得比上一代更好。这是因为储蓄使人们能够创造新的工具，做得更好，同时也因为我们的环境让人们更好地发挥潜力。",[19,280,281],{},"当然，这个系统并不完美，实际上远非完美，但它比其他任何地方都要好。这个国家没有某个官员在控制着大企业，而是由像杰克·韦尔奇这样的人在管理，这使得生产力大大提高。生产力是生活水平提高的原因，所以任何能让杰克·韦尔奇这样的人管理企业的系统都具有巨大的优势。因此，我认为你们有一个光明的未来，你们不会面临战争，你们在物质回报方面有比历史上任何一代人都更好的未来。我希望我能和你们交换位置，但可能会有几个人愿意和我交换。",[122,283,285],{"id":284},"_9听众我想知道您或盖茨先生是否担心y2k千年虫对经济或股市的影响","9.听众：我想知道您或盖茨先生是否担心Y2K(千年虫)对经济或股市的影响？",[19,287,288],{},"巴菲特：我很高兴你提到别人，因为我是最后一个理解Y2K 的人。我不知道为什么这个麦克风能工作，不知道为什么灯会亮。我打开电视开关时只能祈祷，这一切都超出了我的理解。但我会说，我认识的最聪明的人大部分认为这在美国将是一个非事件。我不能代表全世界，但我认为你会在1 月1 日醒来，发现世界没有改变。",[19,290,291],{},"我们拥有一家公司叫Executive Jet，我们有大约1400-1500 名客户，他们和我们共同拥有飞机。我们有160 架飞机在飞行，我很感兴趣的是，有多少人在1 月1 日凌晨12:01 预约使用飞机。我自己对在1 月1 日飞行完全不担心，我希望到时候我在准备观看哈斯克队的比赛。",[122,293,295],{"id":294},"_10听众我想知道您如何决定投入时间和金钱的项目","10.听众：我想知道您如何决定投入时间和金钱的项目？",[19,297,298,299],{},"巴菲特：我喜欢找到经济前景好的企业。那么什么是好的经济前景？",[22,300,301],{},"好的经济前景意味着企业有某种护城河，使其产品、服务或位置比其他类似产品更具吸引力。",[19,303,304],{},"过去三四十年来，销量最高的糖果棒是士力架。人们在购买糖果时不太会随意尝试不同的品牌，因为他们花 50 美分或更多购买的东西是要吃进嘴里的，不会轻易换成其他品牌。我们喜欢那些我们可以预见在10-15 年内会在哪里的企业。我不知道信息技术企业在10-15 年后会怎样，但我知道士力架在10-15 年后会仍然畅销。比如，瑞士糖的口香糖也不会有太多创新，互联网也不会让人们停止咀嚼口香糖。",[19,306,307,308,311,312,315],{},"**我们寻找那些具有可持续竞争优势的产品，这种优势使得产品在市场上独一无二。我们也寻找诚实能干的管理者。找到诚实能干的人比找到长期表现良好的企业要容易得多，有些看似会长期优秀的企业最终也会消失。**我们不需要找到很多这样的企业，每年找到一个就很好了。你不需要上百个优秀的投资理念，只需要几个。",[22,309,310],{},"最重要的是纪律，而不是智商","。投资不需要150 的智商，感谢上帝，也不需要140，也不需要135，可能需要115，但你需要纪律。",[22,313,314],{},"你必须等到你看到合适的机会再出手，因为投资中没有被动的出局","。在棒球中，如果你只喜欢腰部上方两英寸的球，投手可以投稍低的球，你会因没有挥棒而三振出局，因为你找不到喜欢的球。而在投资中，你可以一直等待合适的机会。",[19,317,318],{},"如果报纸上说通用汽车68 美元，通用电气115 美元，通用动力63 美元，如果你不喜欢这些价格，你可以不出手。你可以每天等待，投资没有被动出局。当你决定购买时，如果出错了，那就是一次失误。但这是一个美妙的游戏，因为没有被动出局。你可以等待一个月、六个月、一年或两三年，直到你真正知道你在做什么，直到你喜欢价格和管理团队，然后再出手。你一生中只需要几次这样的出手。",[19,320,321,324],{},[22,322,323],{},"我们选择企业时，会坚持自己理解的领域","。可能有很多很好的投资机会我不理解，比如可可豆明年会怎样，或者原油价格会怎样，但我不需要知道这些。我只需要知道我知道的东西，知道我的理解范围，也就是我所说的\"能力圈\"范围。如果我只能评估世界上5%的企业，那也没问题，我就在这5%内寻找机会。",[19,326,327,328],{},"大多数人在投资中出问题是因为，他们没有纪律，他们听说别人赚钱就心痒痒，觉得自己比邻居聪明，",[22,329,330],{},"为什么邻居靠交易互联网股票赚了钱买了新车，而自己不行？答案是：长期来看，你会亏钱。",[19,332,333,334,66,337,340],{},"如果你频繁交易股票，难以保持纪律。",[22,335,336],{},"每次买东西时，你应该能够写下一页纸",[22,338,339],{},"说明为什么要买","，比如“我买通用汽车65 美元，买通用电气150 美元，是因为……”你应该写下理由。如果你不能填满这张纸，比如只是因为昨晚在鸡尾酒会上有人告诉你，那不够好；或者因为经纪人告诉你，那也不够好。",[19,342,343],{},"你必须有一个认为这是明智投资的理由。买农场或公寓时也是如此。如果你买一个每英亩1000 美元的农场，你会说“因为我认为每英亩能赚60 美元”，这种逻辑才是合理的。如果玉米以某种价格销售，大豆也以某种价格销售，产量达到某个水平，你可以计算出相应的收益。这与购买企业的原理是一样的。",[19,345,346],{},"当你购买股票时，实际上是在购买企业的一小部分。这是投资中最重要的一点,如果你以一个对整个企业来说合理的价格购买，你就能赚钱；如果不是，长期来看，你就赚不到钱。",[122,348,350],{"id":349},"_11听众今天社会的道德标准最终会影响我们的商业行为您认为这会如何影响我们作为美国青年的成长","11.听众：今天社会的道德标准最终会影响我们的商业行为，您认为这会如何影响我们作为美国青年的成长？",[19,352,353],{},"巴菲特：我觉得很难在时间上量化道德标准的变化。无论何时何地，我们都可以找到社会行为中的巨大缺陷和优点。总体而言，我认为我们在这个国家的制度化道德标准方面取得了进步。比如，奴隶制度的废除、女性在一个世纪前还没有选举权、以及她们在继承权等方面的不平等，还有所得税的建立等等，这些都显示了我们在道德标准上的进步。当然，我们还有很长的路要走，但我相信我们正在朝着正确的方向前进。如果40 年后的社会比现在更加道德化，对在座的每一个人都是有利的。美国在民权运动中的进步就是一个例证，电视对此进行了戏剧化的表现，使得那些远离现场的人也开始关注，虽然进步可能缓慢，但我们在朝着正确的方向前进。",[122,355,357],{"id":356},"_12听众由于股市目前处于高位我们现在介入是否明智还是应该等待股市回调一些再入市","12.听众：由于股市目前处于高位，我们现在介入是否明智？还是应该等待股市回调一些再入市？",[19,359,360],{},"巴菲特：我不能告诉你现在是否应该购买股票，但我认为储蓄很重要。如果你对股票感兴趣，可以尝试购买一些。在纸上进行模拟操作和真实操作是不同的体验，亏钱的经历也会让你更好地了解自己。我11 岁时买了第一支股票，那时候我买了3 股城市服务公司的优先股，价格是38 美元，后来跌到27 美元，这件事至今仍历历在目。",[19,362,363,364,367],{},"通过尝试和分析，我在股市摸爬滚打了很多年，",[22,365,366],{},"19 岁时读到格雷厄姆的《聪明的投资者》","，这本书对我产生了深远的影响。过去的经历让我准备好接受格雷厄姆的理念，这也改变了我的财务生活。",[369,370],"hr",{},{"title":372,"searchDepth":373,"depth":373,"links":374},"",2,[375],{"id":16,"depth":373,"text":17,"children":376},[377,379,380,381,382,383,384,385,386,387,388,389],{"id":124,"depth":378,"text":125},3,{"id":159,"depth":378,"text":160},{"id":182,"depth":378,"text":183},{"id":201,"depth":378,"text":202},{"id":225,"depth":378,"text":226},{"id":251,"depth":378,"text":252},{"id":258,"depth":378,"text":259},{"id":271,"depth":378,"text":272},{"id":284,"depth":378,"text":285},{"id":294,"depth":378,"text":295},{"id":349,"depth":378,"text":350},{"id":356,"depth":378,"text":357},"访谈与文章",null,"巴菲特在内布拉斯加教育论坛演讲，与青年讨论财务未来，强调投资自己、培养技能与长期复利的力量。","md",{},true,32,"\u002Fbuffett\u002Finterview\u002Fba-fei-te-1999nian-nei-bu-la-si-jia-jiao-yu-lun-tan-yan-jiang",{"title":5,"description":392},"巴菲特：1999年内布拉斯加教育论坛演讲｜巴菲特","ba-fei-te-1999nian-nei-bu-la-si-jia-jiao-yu-lun-tan-yan-jiang","buffett\u002Finterview\u002Fba-fei-te-1999nian-nei-bu-la-si-jia-jiao-yu-lun-tan-yan-jiang","VkWvJksaJi_d41qKgsiLCU1-mST__GuVtaarCOepqYM","buffett",[405,410,413,417,420,423,426,429,432,435,439,442,445,449,452,455,459,462,465,469,472,475,479,482,485,489,492,495,499,502,505,509,512,515,519,522,525,529,532,535,539,542,545,549,552,555,559,562,565,569,572,575,579,582,585,590,593,596,600,603,606,610,613,616,620,623,626,630,633,636,640,643,646,650,653,656,660,663,666,670,673,676,680,683,686,690,693,696,700,703,706,710,713,716,719,720,723,727,730,733,737,740,744,747,751,754,758,761,765,768,772,775,779,782,786,789,793,796,800,803,807,810,814,817,821,824,828,831,835,838,842,845,849,852,856,859,863,866,870,873,877,880,884,887,891,894,898,901,905,908,912,915,919,922,926,929,933,936,940,943,947,950,954,957,961,964,968,971,975,978,982,985,989,992,996,999,1003,1006,1010,1013,1017,1020,1024,1027,1031,1034,1038,1041,1045,1048,1052,1055,1059,1062,1066,1069,1073,1076,1080,1083,1087,1090,1094,1097,1101,1104,1108,1111,1115,1118,1122,1125,1129,1132,1136,1139,1143,1146,1150,1153,1157,1160,1164,1167,1171,1174,1178,1181,1185,1188,1192,1195,1199,1202,1206,1210,1214,1218,1222,1226,1230,1234,1238,1242,1246,1250,1254,1258,1262,1266,1270,1274,1278,1282,1286,1290,1294,1298,1302,1306,1310,1314,1318,1322,1326,1330,1334,1338,1342,1346,1350,1354,1358,1362,1366,1370,1374,1378,1382,1386,1390,1394,1398,1402],{"title":406,"slug":407,"category":408,"order":409},"1956 有限合伙协议","1956-you-xian-he-huo-xie-yi","致合伙人信",1,{"title":411,"slug":412,"category":390,"order":409},"巴菲特：1951年最看好的股票：GEICO 保险","ba-fei-te-1951nian-zui-kan-hao-de-gu-piao-geico-bao-xian",{"title":414,"slug":415,"category":416,"order":409},"1994年伯克希尔股东大会","1994nian-bo-ke-xi-er-gu-dong-da-hui","股东大会",{"title":418,"slug":419,"category":408,"order":373},"1957 巴菲特致合伙人信","1957-ba-fei-te-zhi-he-huo-ren-xin",{"title":421,"slug":422,"category":390,"order":373},"巴菲特：1953年我最看好的股票：西部保险","ba-fei-te-1953nian-wo-zui-kan-hao-de-gu-piao-xi-bu-bao-xian",{"title":424,"slug":425,"category":416,"order":373},"1995年伯克希尔股东大会","1995nian-bo-ke-xi-er-gu-dong-da-hui",{"title":427,"slug":428,"category":408,"order":378},"1958 巴菲特致合伙人信","1958-ba-fei-te-zhi-he-huo-ren-xin",{"title":430,"slug":431,"category":390,"order":378},"巴菲特：1957年我最看好的股票：人寿保险","ba-fei-te-1957nian-wo-zui-kan-hao-de-gu-piao-ren-shou-bao-xian",{"title":433,"slug":434,"category":416,"order":378},"1996年伯克希尔股东大会","1996nian-bo-ke-xi-er-gu-dong-da-hui",{"title":436,"slug":437,"category":408,"order":438},"1959 巴菲特致合伙人信","1959-ba-fei-te-zhi-he-huo-ren-xin",4,{"title":440,"slug":441,"category":390,"order":438},"巴菲特：1957年最看好的股票：油气资产管理公司","ba-fei-te-1957nian-zui-kan-hao-de-gu-piao-you-qi-zi-chan-guan-li-gong-si",{"title":443,"slug":444,"category":416,"order":438},"1997年伯克希尔股东大会","1997nian-bo-ke-xi-er-gu-dong-da-hui",{"title":446,"slug":447,"category":408,"order":448},"1960 巴菲特致合伙人信","1960-ba-fei-te-zhi-he-huo-ren-xin",5,{"title":450,"slug":451,"category":390,"order":448},"巴菲特：1972年巴菲特谈喜诗糖果","ba-fei-te-1972nian-ba-fei-te-tan-xi-shi-tang-guo",{"title":453,"slug":454,"category":416,"order":448},"1998年伯克希尔股东大会","1998nian-bo-ke-xi-er-gu-dong-da-hui",{"title":456,"slug":457,"category":408,"order":458},"1961 巴菲特致合伙人信","1961-ba-fei-te-zhi-he-huo-ren-xin",6,{"title":460,"slug":461,"category":390,"order":458},"巴菲特：1974年击球啊,你这个笨蛋","ba-fei-te-1974nian-ji-qiu-a-ni-zhe-ge-ben-dan",{"title":463,"slug":464,"category":416,"order":458},"1999年伯克希尔股东大会","1999nian-bo-ke-xi-er-gu-dong-da-hui",{"title":466,"slug":467,"category":408,"order":468},"1961年中 巴菲特致合伙人信","1961nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",7,{"title":470,"slug":471,"category":390,"order":468},"巴菲特：1976年巴菲特谈GEICO","ba-fei-te-1976nian-ba-fei-te-tan-geico",{"title":473,"slug":474,"category":416,"order":468},"2000年伯克希尔股东大会","2000nian-bo-ke-xi-er-gu-dong-da-hui",{"title":476,"slug":477,"category":408,"order":478},"1962 巴菲特致合伙人信","1962-ba-fei-te-zhi-he-huo-ren-xin",8,{"title":480,"slug":481,"category":390,"order":478},"巴菲特：1976年怀念恩师格雷厄姆","ba-fei-te-1976nian-huai-nian-en-shi-ge-lei-e-mu",{"title":483,"slug":484,"category":416,"order":478},"2001年伯克希尔股东大会","2001nian-bo-ke-xi-er-gu-dong-da-hui",{"title":486,"slug":487,"category":408,"order":488},"1962年11月 巴菲特致合伙人信","1962nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",9,{"title":490,"slug":491,"category":390,"order":488},"巴菲特：1977年谈通货膨胀","ba-fei-te-1977nian-tan-tong-huo-peng-zhang",{"title":493,"slug":494,"category":416,"order":488},"2002年伯克希尔股东大会","2002nian-bo-ke-xi-er-gu-dong-da-hui",{"title":496,"slug":497,"category":408,"order":498},"1962年12月 巴菲特致合伙人信","1962nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",10,{"title":500,"slug":501,"category":390,"order":498},"巴菲特：1979年谈股市","ba-fei-te-1979nian-tan-gu-shi",{"title":503,"slug":504,"category":416,"order":498},"2003年伯克希尔股东大会","2003nian-bo-ke-xi-er-gu-dong-da-hui",{"title":506,"slug":507,"category":408,"order":508},"1962年中 巴菲特致合伙人信","1962nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",11,{"title":510,"slug":511,"category":390,"order":508},"巴菲特：1982年谈指数期货","ba-fei-te-1982nian-tan-zhi-shu-qi-huo",{"title":513,"slug":514,"category":416,"order":508},"2004年伯克希尔股东大会","2004nian-bo-ke-xi-er-gu-dong-da-hui",{"title":516,"slug":517,"category":408,"order":518},"1963 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巴菲特致股东信","1985-ba-fei-te-zhi-gu-dong-xin",56,{"title":892,"slug":893,"category":390,"order":890},"巴菲特：2005年与塔克商学院学生对谈","ba-fei-te-2005nian-yu-ta-ke-shang-xue-yuan-xue-sheng-dui-tan",{"title":895,"slug":896,"category":588,"order":897},"1986 巴菲特致股东信","1986-ba-fei-te-zhi-gu-dong-xin",57,{"title":899,"slug":900,"category":390,"order":897},"巴菲特：2005年回忆进入证券行业","ba-fei-te-2005nian-hui-yi-jin-ru-zheng-quan-xing-ye",{"title":902,"slug":903,"category":588,"order":904},"1987 巴菲特致股东信","1987-ba-fei-te-zhi-gu-dong-xin",58,{"title":906,"slug":907,"category":390,"order":904},"巴菲特：2005年对话内布拉斯加大学学生","ba-fei-te-2005nian-dui-hua-nei-bu-la-si-jia-da-xue-xue-sheng",{"title":909,"slug":910,"category":588,"order":911},"1988 巴菲特致股东信","1988-ba-fei-te-zhi-gu-dong-xin",59,{"title":913,"slug":914,"category":390,"order":911},"巴菲特：2005年对话堪萨斯大学学生","ba-fei-te-2005nian-dui-hua-kan-sa-si-da-xue-xue-sheng",{"title":916,"slug":917,"category":588,"order":918},"1989 巴菲特致股东信","1989-ba-fei-te-zhi-gu-dong-xin",60,{"title":920,"slug":921,"category":390,"order":918},"巴菲特：2005年对话范德比尔特大学学生","ba-fei-te-2005nian-dui-hua-fan-de-bi-er-te-da-xue-xue-sheng",{"title":923,"slug":924,"category":588,"order":925},"1990 巴菲特致股东信","1990-ba-fei-te-zhi-gu-dong-xin",61,{"title":927,"slug":928,"category":390,"order":925},"巴菲特：2006年与沃顿商学院学生问答","ba-fei-te-2006nian-yu-wo-dun-shang-xue-yuan-xue-sheng-wen-da",{"title":930,"slug":931,"category":588,"order":932},"1991 巴菲特致股东信","1991-ba-fei-te-zhi-gu-dong-xin",62,{"title":934,"slug":935,"category":390,"order":932},"巴菲特：2006年巴菲特慈善捐赠专访","ba-fei-te-2006nian-ba-fei-te-ci-shan-juan-zeng-zhuan-fang",{"title":937,"slug":938,"category":588,"order":939},"1992 巴菲特致股东信","1992-ba-fei-te-zhi-gu-dong-xin",63,{"title":941,"slug":942,"category":390,"order":939},"巴菲特：2006年慈善捐赠承诺","ba-fei-te-2006nian-ci-shan-juan-zeng-cheng-nuo",{"title":944,"slug":945,"category":588,"order":946},"1993 巴菲特致股东信","1993-ba-fei-te-zhi-gu-dong-xin",64,{"title":948,"slug":949,"category":390,"order":946},"巴菲特：2006年我为什么慷慨解囊","ba-fei-te-2006nian-wo-wei-shi-me-kang-kai-jie-nang",{"title":951,"slug":952,"category":588,"order":953},"1994 巴菲特致股东信","1994-ba-fei-te-zhi-gu-dong-xin",65,{"title":955,"slug":956,"category":390,"order":953},"巴菲特：2006年给全体经理人备忘录","ba-fei-te-2006nian-gei-quan-ti-jing-li-ren-bei-wang-lu",{"title":958,"slug":959,"category":588,"order":960},"1995 巴菲特致股东信","1995-ba-fei-te-zhi-gu-dong-xin",66,{"title":962,"slug":963,"category":390,"order":960},"巴菲特：2007年11月和比尔·盖茨、大学生对话实录（节目《富豪面对面》）","ba-fei-te-2007nian-11yue-he-bi-er-gai-ci-da-xue-sheng-dui-hua-shi-lu-jie-mu-fu-hao-mian-dui-mian",{"title":965,"slug":966,"category":588,"order":967},"1996 巴菲特致股东信","1996-ba-fei-te-zhi-gu-dong-xin",67,{"title":969,"slug":970,"category":390,"order":967},"巴菲特：2007年对话佐治亚大学学生","ba-fei-te-2007nian-dui-hua-zuo-zhi-ya-da-xue-xue-sheng",{"title":972,"slug":973,"category":588,"order":974},"1997 巴菲特致股东信","1997-ba-fei-te-zhi-gu-dong-xin",68,{"title":976,"slug":977,"category":390,"order":974},"巴菲特：2007年巴菲特接见Dardashti","ba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti",{"title":979,"slug":980,"category":588,"order":981},"1998 巴菲特致股东信","1998-ba-fei-te-zhi-gu-dong-xin",69,{"title":983,"slug":984,"category":390,"order":981},"巴菲特：2007年接受央视专访","ba-fei-te-2007nian-jie-shou-yang-shi-zhuan-fang",{"title":986,"slug":987,"category":588,"order":988},"1999 巴菲特致股东信","1999-ba-fei-te-zhi-gu-dong-xin",70,{"title":990,"slug":991,"category":390,"order":988},"巴菲特：2007年接受欧洲MBA学生专访（珍贵精彩实录）","ba-fei-te-2007nian-jie-shou-ou-zhou-mbaxue-sheng-zhuan-fang-zhen-gui-jing-cai-shi-lu",{"title":993,"slug":994,"category":588,"order":995},"2000 巴菲特致股东信","2000-ba-fei-te-zhi-gu-dong-xin",71,{"title":997,"slug":998,"category":390,"order":995},"巴菲特：2007年查理罗斯专访","ba-fei-te-2007nian-cha-li-luo-si-zhuan-fang",{"title":1000,"slug":1001,"category":588,"order":1002},"2001 巴菲特致股东信","2001-ba-fei-te-zhi-gu-dong-xin",72,{"title":1004,"slug":1005,"category":390,"order":1002},"巴菲特：2008年21 世纪经济领导者采访","ba-fei-te-2008nian-21-shi-ji-jing-ji-ling-dao-zhe-cai-fang",{"title":1007,"slug":1008,"category":588,"order":1009},"2002 巴菲特致股东信","2002-ba-fei-te-zhi-gu-dong-xin",73,{"title":1011,"slug":1012,"category":390,"order":1009},"巴菲特：2008年买入美国正当时","ba-fei-te-2008nian-mai-ru-mei-guo-zheng-dang-shi",{"title":1014,"slug":1015,"category":588,"order":1016},"2003 巴菲特致股东信","2003-ba-fei-te-zhi-gu-dong-xin",74,{"title":1018,"slug":1019,"category":390,"order":1016},"巴菲特：2008年对话IVEY 商学院学生","ba-fei-te-2008nian-dui-hua-ivey-shang-xue-yuan-xue-sheng",{"title":1021,"slug":1022,"category":588,"order":1023},"2004 巴菲特致股东信","2004-ba-fei-te-zhi-gu-dong-xin",75,{"title":1025,"slug":1026,"category":390,"order":1023},"巴菲特：2008年对话商学院学生","ba-fei-te-2008nian-dui-hua-shang-xue-yuan-xue-sheng",{"title":1028,"slug":1029,"category":588,"order":1030},"2005 巴菲特致股东信","2005-ba-fei-te-zhi-gu-dong-xin",76,{"title":1032,"slug":1033,"category":390,"order":1030},"巴菲特：2008年对话瑞士洛桑国际管理学院","ba-fei-te-2008nian-dui-hua-rui-shi-luo-sang-guo-ji-guan-li-xue-yuan",{"title":1035,"slug":1036,"category":588,"order":1037},"2006 巴菲特致股东信","2006-ba-fei-te-zhi-gu-dong-xin",77,{"title":1039,"slug":1040,"category":390,"order":1037},"巴菲特：2008年怀念恩师格雷厄姆","ba-fei-te-2008nian-huai-nian-en-shi-ge-lei-e-mu",{"title":1042,"slug":1043,"category":588,"order":1044},"2007 巴菲特致股东信","2007-ba-fei-te-zhi-gu-dong-xin",78,{"title":1046,"slug":1047,"category":390,"order":1044},"巴菲特：2008年给保尔森的信","ba-fei-te-2008nian-gei-bao-er-sen-de-xin",{"title":1049,"slug":1050,"category":588,"order":1051},"2008 巴菲特致股东信","2008-ba-fei-te-zhi-gu-dong-xin",79,{"title":1053,"slug":1054,"category":390,"order":1051},"巴菲特：2008年解析经济危机","ba-fei-te-2008nian-jie-xi-jing-ji-wei-ji",{"title":1056,"slug":1057,"category":588,"order":1058},"2009 巴菲特致股东信","2009-ba-fei-te-zhi-gu-dong-xin",80,{"title":1060,"slug":1061,"category":390,"order":1058},"巴菲特：2008年财富杂志：沃伦之思","ba-fei-te-2008nian-cai-fu-za-zhi-wo-lun-zhi-si",{"title":1063,"slug":1064,"category":588,"order":1065},"2010 巴菲特致股东信","2010-ba-fei-te-zhi-gu-dong-xin",81,{"title":1067,"slug":1068,"category":390,"order":1065},"巴菲特：2009年CNBC 专访","ba-fei-te-2009nian-cnbc-zhuan-fang",{"title":1070,"slug":1071,"category":588,"order":1072},"2011 巴菲特致股东信","2011-ba-fei-te-zhi-gu-dong-xin",82,{"title":1074,"slug":1075,"category":390,"order":1072},"巴菲特：2009年对话六所商学院学生","ba-fei-te-2009nian-dui-hua-liu-suo-shang-xue-yuan-xue-sheng",{"title":1077,"slug":1078,"category":588,"order":1079},"2012 巴菲特致股东信","2012-ba-fei-te-zhi-gu-dong-xin",83,{"title":1081,"slug":1082,"category":390,"order":1079},"巴菲特：2009年对话哥大商学院学生","ba-fei-te-2009nian-dui-hua-ge-da-shang-xue-yuan-xue-sheng",{"title":1084,"slug":1085,"category":588,"order":1086},"2013 巴菲特致股东信","2013-ba-fei-te-zhi-gu-dong-xin",84,{"title":1088,"slug":1089,"category":390,"order":1086},"巴菲特：2009年恐慌是会传染的，我们必须做点什么","ba-fei-te-2009nian-kong-huang-shi-hui-chuan-ran-de-wo-men-bi-xu-zuo-dian-shi-me",{"title":1091,"slug":1092,"category":588,"order":1093},"2014 伯克希尔的过去现在与未来","2014-bo-ke-xi-er-de-guo-qu-xian-zai-yu-wei-lai",85,{"title":1095,"slug":1096,"category":390,"order":1093},"巴菲特：2009年收购BNSF 铁路","ba-fei-te-2009nian-shou-gou-bnsf-tie-lu",{"title":1098,"slug":1099,"category":588,"order":1100},"2014 副董事长的思考","2014-fu-dong-shi-chang-de-si-kao",86,{"title":1102,"slug":1103,"category":390,"order":1100},"巴菲特：2009年美元效应","ba-fei-te-2009nian-mei-yuan-xiao-ying",{"title":1105,"slug":1106,"category":588,"order":1107},"2014 巴菲特致股东信","2014-ba-fei-te-zhi-gu-dong-xin",87,{"title":1109,"slug":1110,"category":390,"order":1107},"巴菲特：2009年阿克伦大学商学院问答实录","ba-fei-te-2009nian-a-ke-lun-da-xue-shang-xue-yuan-wen-da-shi-lu",{"title":1112,"slug":1113,"category":588,"order":1114},"2015 巴菲特致股东信","2015-ba-fei-te-zhi-gu-dong-xin",88,{"title":1116,"slug":1117,"category":390,"order":1114},"巴菲特：2010年\"捐赠誓言\"计划","ba-fei-te-2010nian-juan-zeng-shi-yan-ji-hua",{"title":1119,"slug":1120,"category":588,"order":1121},"2016 巴菲特致股东信","2016-ba-fei-te-zhi-gu-dong-xin",89,{"title":1123,"slug":1124,"category":390,"order":1121},"巴菲特：2010年CNBC 专访","ba-fei-te-2010nian-cnbc-zhuan-fang",{"title":1126,"slug":1127,"category":588,"order":1128},"2017 巴菲特致股东信","2017-ba-fei-te-zhi-gu-dong-xin",90,{"title":1130,"slug":1131,"category":390,"order":1128},"巴菲特：2010年与罗克国度创始人、福布斯主编对谈","ba-fei-te-2010nian-yu-luo-ke-guo-du-chuang-shi-ren-fu-bu-si-zhu-bian-dui-tan",{"title":1133,"slug":1134,"category":588,"order":1135},"2018 巴菲特致股东信","2018-ba-fei-te-zhi-gu-dong-xin",91,{"title":1137,"slug":1138,"category":390,"order":1135},"巴菲特：2010年央视财经采访","ba-fei-te-2010nian-yang-shi-cai-jing-cai-fang",{"title":1140,"slug":1141,"category":588,"order":1142},"2019 巴菲特致股东信","2019-ba-fei-te-zhi-gu-dong-xin",92,{"title":1144,"slug":1145,"category":390,"order":1142},"巴菲特：2010年对话IVEY 商学院学生","ba-fei-te-2010nian-dui-hua-ivey-shang-xue-yuan-xue-sheng",{"title":1147,"slug":1148,"category":588,"order":1149},"2020 巴菲特致股东信","2020-ba-fei-te-zhi-gu-dong-xin",93,{"title":1151,"slug":1152,"category":390,"order":1149},"巴菲特：2010年慈善中国行","ba-fei-te-2010nian-ci-shan-zhong-guo-xing",{"title":1154,"slug":1155,"category":588,"order":1156},"2021 巴菲特致股东信","2021-ba-fei-te-zhi-gu-dong-xin",94,{"title":1158,"slug":1159,"category":390,"order":1156},"巴菲特：2010年给全体经理人备忘录","ba-fei-te-2010nian-gei-quan-ti-jing-li-ren-bei-wang-lu",{"title":1161,"slug":1162,"category":588,"order":1163},"2022 巴菲特致股东信","2022-ba-fei-te-zhi-gu-dong-xin",95,{"title":1165,"slug":1166,"category":390,"order":1163},"巴菲特：2010年金融危机调查委员会专访","ba-fei-te-2010nian-jin-rong-wei-ji-diao-cha-wei-yuan-hui-zhuan-fang",{"title":1168,"slug":1169,"category":588,"order":1170},"2023 巴菲特致股东信","2023-ba-fei-te-zhi-gu-dong-xin",96,{"title":1172,"slug":1173,"category":390,"order":1170},"巴菲特：2011年500 亿美元的决定","ba-fei-te-2011nian-500-yi-mei-yuan-de-jue-ding",{"title":1175,"slug":1176,"category":588,"order":1177},"2024 巴菲特致股东信","2024-ba-fei-te-zhi-gu-dong-xin",97,{"title":1179,"slug":1180,"category":390,"order":1177},"巴菲特：2011年CNBC 专访","ba-fei-te-2011nian-cnbc-zhuan-fang",{"title":1182,"slug":1183,"category":588,"order":1184},"2025 巴菲特致股东信","2025-ba-fei-te-zhi-gu-dong-xin",98,{"title":1186,"slug":1187,"category":390,"order":1184},"巴菲特：2011年对话八所商学院学生","ba-fei-te-2011nian-dui-hua-ba-suo-shang-xue-yuan-xue-sheng",{"title":1189,"slug":1190,"category":588,"order":1191},"2025 感恩节致辞","2025-gan-en-jie-zhi-ci",99,{"title":1193,"slug":1194,"category":390,"order":1191},"巴菲特：2011年查理·罗斯专访","ba-fei-te-2011nian-cha-li-luo-si-zhuan-fang",{"title":1196,"slug":1197,"category":588,"order":1198},"2026 阿贝尔致股东信","2026-a-bei-er-zhi-gu-dong-xin",100,{"title":1200,"slug":1201,"category":390,"order":1198},"巴菲特：为何股票能跑赢黄金与债券","ba-fei-te-2012nian-wei-he-gu-piao-neng-pao-ying-huang-jin-yu-zhai-quan",{"title":1203,"slug":1204,"category":390,"order":1205},"巴菲特：2012年对话IVEY 商学院学生","ba-fei-te-2012nian-dui-hua-ivey-shang-xue-yuan-xue-sheng",101,{"title":1207,"slug":1208,"category":390,"order":1209},"巴菲特：2012年跳着踢踏舞去上班","ba-fei-te-2012nian-tiao-zhao-ti-ta-wu-qu-shang-ban",102,{"title":1211,"slug":1212,"category":390,"order":1213},"巴菲特：2013年 《沃伦·巴菲特的办公时间访谈》","ba-fei-te-2013nian-wo-lun-ba-fei-te-de-ban-gong-shi-jian-fang-tan",103,{"title":1215,"slug":1216,"category":390,"order":1217},"巴菲特：2013年乔治城大学演讲","ba-fei-te-2013nian-qiao-zhi-cheng-da-xue-yan-jiang",104,{"title":1219,"slug":1220,"category":390,"order":1221},"巴菲特：2013年如何教孩子理财","ba-fei-te-2013nian-ru-he-jiao-hai-zi-li-cai",105,{"title":1223,"slug":1224,"category":390,"order":1225},"巴菲特：2013年家族三代谈慈善","ba-fei-te-2013nian-jia-zu-san-dai-tan-ci-shan",106,{"title":1227,"slug":1228,"category":390,"order":1229},"巴菲特：2013年对话八所商学院学生","ba-fei-te-2013nian-dui-hua-ba-suo-shang-xue-yuan-xue-sheng",107,{"title":1231,"slug":1232,"category":390,"order":1233},"巴菲特：2014年CNBC 专访2014年3月3日","ba-fei-te-2014nian-cnbc-zhuan-fang-2014nian-3yue-3ri",108,{"title":1235,"slug":1236,"category":390,"order":1237},"巴菲特：2014年CNBC 专访2014年5月5日","ba-fei-te-2014nian-cnbc-zhuan-fang-2014nian-5yue-5ri",109,{"title":1239,"slug":1240,"category":390,"order":1241},"巴菲特：2014年与ivey商学院MBA学生会面纪要","ba-fei-te-2014nian-yu-iveyshang-xue-yuan-mbaxue-sheng-hui-mian-ji-yao",110,{"title":1243,"slug":1244,"category":390,"order":1245},"巴菲特：2014年关于游牧者基金","ba-fei-te-2014nian-guan-yu-you-mu-zhe-ji-jin",111,{"title":1247,"slug":1248,"category":390,"order":1249},"巴菲特：2014年给全体经理人备忘录","ba-fei-te-2014nian-gei-quan-ti-jing-li-ren-bei-wang-lu",112,{"title":1251,"slug":1252,"category":390,"order":1253},"巴菲特：2014年谈可口可乐薪酬方案","ba-fei-te-2014nian-tan-ke-kou-ke-le-xin-chou-fang-an",113,{"title":1255,"slug":1256,"category":390,"order":1257},"巴菲特：2015年对话IVEY 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