[{"data":1,"prerenderedAt":1750},["ShallowReactive",2],{"library-ba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti":3,"library-sidebar-buffett":213,"library-sidebar-dao":1216,"library-sidebar-models":1518},{"id":4,"title":5,"body":6,"category":199,"date":200,"description":201,"extension":202,"meta":203,"navigation":204,"order":205,"path":206,"seo":207,"seoDescription":201,"seoTitle":208,"slug":209,"stem":210,"__hash__":211,"_collection":212},"buffett\u002Fbuffett\u002Finterview\u002Fba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti.md","巴菲特：2007年巴菲特接见Dardashti",{"type":7,"value":8,"toc":194},"minimark",[9,13,18,22,25,28,35,38,41,44,47,50,53,60,63,66,69,72,75,78,81,84,87,90,92,95,101,104,109,112,117,120,134,137,142,146,149,154,157,162,165,168,171,176,179,182,185,188,191],[10,11,5],"h1",{"id":12},"巴菲特2007年巴菲特接见dardashti",[14,15,17],"h2",{"id":16},"巴菲特接见dardashti-2007","巴菲特接见Dardashti 2007",[19,20,21],"p",{},"2007 年1 月19 日",[19,23,24],{},"Dardashti 资本管理公司",[19,26,27],{},"ShaiDardashti 管理合伙人",[19,29,30],{},[31,32,34],"a",{"href":33},"mailto:Shai@DardashtiCapital.com","Shai@DardashtiCapital.com",[19,36,37],{},"2007 年1 月19 日，我飞往内布拉斯加州奥马哈市，亲手向沃伦巴菲特书面请教了一些问题(见附录)。",[19,39,40],{},"信中主要针对巴菲特先生的早期投资提出了以下问题：",[19,42,43],{},"在第一次我安排的问答中，你告诉我，现在(2005 年5 月23 日)你是\"85%的格雷厄姆和15%的费雪\"。",[19,45,46],{},"如果你今天20 多岁，同样希望管理不到1 千万美元的资金，并且可以自由地将资金分配到8 千多个机会中(甚至不考虑任何海外的机会)，你的心智模式网格会主要搜索以下内容吗？",[19,48,49],{},"1，1957 年的情况：类似于大韩面粉公司(Daehan)。",[19,51,52],{},"2，1987 年的情况：类似于穆迪公司。",[19,54,55,56],{},"对于我提出的1091 个字的问题，巴菲特先生手写了8 个字的答复：",[57,58,59],"strong",{},"两种都可以。前者更适合小额资金，后者更适合大额资金。",[19,61,62],{},"谨启",[19,64,65],{},"Shai Dardashti",[19,67,68],{},"附录：原文",[19,70,71],{},"Dear Warren：",[19,73,74],{},"和其他成千上万试图联系你的年轻人一样，我在学校里一直是那个读高中时只看报纸商业版而不看体育版，读大学时只看\"雅虎财经\"而不看\"雅虎体育\"的孩子。",[19,76,77],{},"我第一次读《巴菲特之道》是在13 岁，我走进当地图书馆寻找一本关于投资的书。我第一次给您写信是在我 17 岁的时候，当时我觉得我确实有理由恳求您的关注。21 岁时，我第一次有幸与您握手，当时我组织了一次马里兰大学的学生拜访之行(2005 年5 月23 日)。我在接到通知后的48 小时内长途跋涉1000 英里，第二次(2007 年 1 月19 日)与您握手。并亲手将这封信交给您。",[19,79,80],{},"我的父亲是1967 年从伊朗逃出来的，当时他只有12 岁，抛下了父母，独自在费城的姑姑家生活。我的母亲来自宾夕法尼亚州的一个小镇，她的许多家人都是大屠杀的受害者。如果你真的在读这条信息，那我确实是世界上最幸运的人之一。",[19,82,83],{},"我认为，能够向您传达这种交流，其幸运程度就像一个哲学系学生与柏拉图对话一样；\"时间、技术和气质\"三者齐头并进的概率是统计学上的反常现象。在\"卵巢彩票\"中，我得到了一张再好不过的彩票了。",[19,85,86],{},"我读过你的\"致合伙人的信\"、\"致伯克希尔股东的信\"，也读过你写的文章和关于你的书，但仍有一个问题挥之不去。如能得到任何指导，将不胜感激。",[19,88,89],{},"致以最诚挚的谢意",[19,91,65],{},[19,93,94],{},"巴菲特先生，1999 年6 月23 日，您在商业周刊上写道：",[96,97,98],"blockquote",{},[19,99,100],{},"如果我今天有100 万美元，或者1000 万美元，我也会全额投资。任何说规模不会影响投资业绩的人都是在卖弄。我取得的最高回报率是在1950 年代。我完胜道指。你应该看看这些数字。但那时我投资的规模只是个花生米。钱不多是一个巨大的结构性优势。我想我能用100 万美金给你带来50%的收益。不，我知道我可以，我保证。",[19,102,103],{},"最近，晨星公司发布了一份报告：",[96,105,106],{},[19,107,108],{},"芒格还回顾了巴菲特在伯克希尔年会上就2002 年韩国金融风暴期间韩国股票变得多么便宜发表的评论：\"当时大韩面粉公司的股价是收益的两倍。沃伦觉得自己又变年轻了\"。",[19,110,111],{},"据我所知，从你们多年来的投资模式中，我认识到了两种\"心智模式\"：",[113,114,116],"h4",{"id":115},"_1957-年的格雷厄姆方法","1957 年的格雷厄姆方法",[19,118,119],{},"1993 年，您在对哥伦比亚大学学生的一次演讲中分享了自己的观点：",[96,121,122,125,128,131],{},[19,123,124],{},"从哥伦比亚大学毕业后，我工作的第一家公司是一家在奥马哈运营的五人经纪公司。它订阅了穆迪工业手册、银行和金融手册以及公共事业手册。我一页一页地翻完了这些书。",[19,126,127],{},"我在罗切斯特附近找到一家名为Genesee Valley Gas 的小公司。它有2.2 万股股票。这是一家公用事业公司，其每股收益约为5 美元，好处是你可以以每股5 美元的价格买入。(即使考虑通货膨胀因素，2.2 万股每股5美元的价格也意味着市值远低于100 万美元。)",[19,129,130],{},"我在堪萨斯州Fort Scott 找到了西部保险公司(Western Insurance)。穆迪财务手册上的价格区间是12-20美元。每股收益是16 美元。我在当地报纸上登了一则广告，想买这只股票。",[19,132,133],{},"我在新贝德福德找到了联合街铁路公司(Union Street Railway)，这是一家公共汽车公司。当时它的售价约为45 美元，我记得当时每股有120 美元现金，没有负债。",[19,135,136],{},"同样，据我所知，在2005 年末，您曾向一群哈佛学生解释过以下内容：",[96,138,139],{},[19,140,141],{},"花旗集团发送了一份韩国股票手册。在5、6 个小时内，就找到了20 只市盈率为2-3 倍、资产负债表强劲的股票。1998 年后，韩国金融市场遭受重创。各公司过度谨慎构建资产负债表，包括年盈利能力为1.5 万韩元的大韩面粉公司，以2 倍多的市盈率出售。当时的策略是购买20 家这样公司的股票，从而分散其中一些公司由骗子经营的风险。1 亿美元很快就投入其中。",[113,143,145],{"id":144},"_1987-年的菲利普费雪方法","1987 年的菲利普费雪方法",[19,147,148],{},"以下节选自卡罗尔卢米斯1988 年4 月11 日发表在《财富》杂志上的一篇文章，它以有趣的方式阐明了伯克希尔在1987 年前后的运作方式：",[19,150,151],{},[57,152,153],{},"非同寻常的盈利能力(高ROE 低债务，即高ROIC)",[19,155,156],{},"...但在1987 年的年报中，生意人巴菲特站出来指出，这些企业及其经理人是多么优秀。他说，如果\"七圣徒\"在1987 年作为一整个单独的企业运营，那么它们将雇佣1.75 亿美元的权益资本，只支付200 万美元的净利息，税后收益为1 亿美元。股本回报率高达57%，这是非同寻常的。正如巴菲特所说，''你在任何地方都很少看到这样的百分比，更不用说在具有名义杠杆作用的大型多元化公司了\"。",[19,158,159],{},[57,160,161],{},"非同寻常的增长(留存收益再投资的机会)",[19,163,164],{},"...1986 年，Heldman 家族的一些有识之士看到了这则广告，并给巴菲特带来了他们的制服企业Fechheimer。",[19,166,167],{},"这家企业的利润只有600 万美元左右，比巴菲特理想中的经营规模要小得多。",[19,169,170],{},"...几百英里外的Fechheimer(...1987 年销售额：7500 万美元)",[19,172,173],{},[57,174,175],{},"为好生意支付合理的价格",[19,177,178],{},"...到1972 年，蓝筹印花公司(BlueChipStamps，伯克希尔的子公司，后并入母公司)以三倍账面价值的价格",[19,180,181],{},"收购了喜诗糖果公司，从此开启了好生意时代。巴菲特说：\"查理对我的影响巨大。天啊，如果我只听Ben 的话，我会变得更穷\"。",[19,183,184],{},"巴菲特的回复，左边：Either is fine.",[19,186,187],{},"右边：Better for small sums.",[19,189,190],{},"... large ...",[192,193],"hr",{},{"title":195,"searchDepth":196,"depth":196,"links":197},"",2,[198],{"id":16,"depth":196,"text":17},"访谈与文章",null,"Dardashti资本管理公司合伙人拜访巴菲特，分享投资理念与伯克希尔经营哲学，强调长期持有优质企业。","md",{},true,68,"\u002Fbuffett\u002Finterview\u002Fba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti",{"title":5,"description":201},"巴菲特：2007年巴菲特接见Dardashti｜巴菲特","ba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti","buffett\u002Finterview\u002Fba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti","tAzbnLgCLC9S-_W-nIzaebzwwIjy4FGzqFDZKCunUtk","buffett",[214,219,222,226,229,232,235,239,242,245,249,252,255,259,262,265,269,272,275,279,282,285,289,292,295,299,302,305,309,312,315,319,322,325,329,332,335,339,342,345,349,352,355,359,362,365,369,372,375,379,382,385,389,392,395,400,403,406,410,413,416,420,423,426,430,433,436,440,443,446,450,453,456,460,463,466,470,473,476,480,483,486,490,493,496,500,503,506,510,513,516,520,523,526,530,533,536,540,543,546,550,553,557,560,564,567,571,574,578,581,585,588,592,595,599,602,606,609,613,616,620,623,627,630,634,637,641,644,648,651,655,658,662,665,669,672,676,679,683,686,690,693,697,700,704,707,711,714,718,721,725,728,732,735,739,742,746,749,753,756,760,763,767,770,774,777,781,784,787,788,792,795,799,802,806,809,813,816,820,823,827,830,834,837,841,844,848,851,855,858,862,865,869,872,876,879,883,886,890,893,897,900,904,907,911,914,918,921,925,928,932,935,939,942,946,949,953,956,960,963,967,970,974,977,981,984,988,991,995,998,1002,1005,1009,1012,1016,1020,1024,1028,1032,1036,1040,1044,1048,1052,1056,1060,1064,1068,1072,1076,1080,1084,1088,1092,1096,1100,1104,1108,1112,1116,1120,1124,1128,1132,1136,1140,1144,1148,1152,1156,1160,1164,1168,1172,1176,1180,1184,1188,1192,1196,1200,1204,1208,1212],{"title":215,"slug":216,"category":217,"order":218},"1956 有限合伙协议","1956-you-xian-he-huo-xie-yi","致合伙人信",1,{"title":220,"slug":221,"category":199,"order":218},"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":223,"slug":224,"category":225,"order":218},"1994年伯克希尔股东大会","1994nian-bo-ke-xi-er-gu-dong-da-hui","股东大会",{"title":227,"slug":228,"category":217,"order":196},"1957 巴菲特致合伙人信","1957-ba-fei-te-zhi-he-huo-ren-xin",{"title":230,"slug":231,"category":199,"order":196},"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":233,"slug":234,"category":225,"order":196},"1995年伯克希尔股东大会","1995nian-bo-ke-xi-er-gu-dong-da-hui",{"title":236,"slug":237,"category":217,"order":238},"1958 巴菲特致合伙人信","1958-ba-fei-te-zhi-he-huo-ren-xin",3,{"title":240,"slug":241,"category":199,"order":238},"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":243,"slug":244,"category":225,"order":238},"1996年伯克希尔股东大会","1996nian-bo-ke-xi-er-gu-dong-da-hui",{"title":246,"slug":247,"category":217,"order":248},"1959 巴菲特致合伙人信","1959-ba-fei-te-zhi-he-huo-ren-xin",4,{"title":250,"slug":251,"category":199,"order":248},"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":253,"slug":254,"category":225,"order":248},"1997年伯克希尔股东大会","1997nian-bo-ke-xi-er-gu-dong-da-hui",{"title":256,"slug":257,"category":217,"order":258},"1960 巴菲特致合伙人信","1960-ba-fei-te-zhi-he-huo-ren-xin",5,{"title":260,"slug":261,"category":199,"order":258},"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":263,"slug":264,"category":225,"order":258},"1998年伯克希尔股东大会","1998nian-bo-ke-xi-er-gu-dong-da-hui",{"title":266,"slug":267,"category":217,"order":268},"1961 巴菲特致合伙人信","1961-ba-fei-te-zhi-he-huo-ren-xin",6,{"title":270,"slug":271,"category":199,"order":268},"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":273,"slug":274,"category":225,"order":268},"1999年伯克希尔股东大会","1999nian-bo-ke-xi-er-gu-dong-da-hui",{"title":276,"slug":277,"category":217,"order":278},"1961年中 巴菲特致合伙人信","1961nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",7,{"title":280,"slug":281,"category":199,"order":278},"巴菲特：1976年巴菲特谈GEICO","ba-fei-te-1976nian-ba-fei-te-tan-geico",{"title":283,"slug":284,"category":225,"order":278},"2000年伯克希尔股东大会","2000nian-bo-ke-xi-er-gu-dong-da-hui",{"title":286,"slug":287,"category":217,"order":288},"1962 巴菲特致合伙人信","1962-ba-fei-te-zhi-he-huo-ren-xin",8,{"title":290,"slug":291,"category":199,"order":288},"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":293,"slug":294,"category":225,"order":288},"2001年伯克希尔股东大会","2001nian-bo-ke-xi-er-gu-dong-da-hui",{"title":296,"slug":297,"category":217,"order":298},"1962年11月 巴菲特致合伙人信","1962nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",9,{"title":300,"slug":301,"category":199,"order":298},"巴菲特：1977年谈通货膨胀","ba-fei-te-1977nian-tan-tong-huo-peng-zhang",{"title":303,"slug":304,"category":225,"order":298},"2002年伯克希尔股东大会","2002nian-bo-ke-xi-er-gu-dong-da-hui",{"title":306,"slug":307,"category":217,"order":308},"1962年12月 巴菲特致合伙人信","1962nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",10,{"title":310,"slug":311,"category":199,"order":308},"巴菲特：1979年谈股市","ba-fei-te-1979nian-tan-gu-shi",{"title":313,"slug":314,"category":225,"order":308},"2003年伯克希尔股东大会","2003nian-bo-ke-xi-er-gu-dong-da-hui",{"title":316,"slug":317,"category":217,"order":318},"1962年中 巴菲特致合伙人信","1962nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",11,{"title":320,"slug":321,"category":199,"order":318},"巴菲特：1982年谈指数期货","ba-fei-te-1982nian-tan-zhi-shu-qi-huo",{"title":323,"slug":324,"category":225,"order":318},"2004年伯克希尔股东大会","2004nian-bo-ke-xi-er-gu-dong-da-hui",{"title":326,"slug":327,"category":217,"order":328},"1963 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巴菲特致股东信","1987-ba-fei-te-zhi-gu-dong-xin",58,{"title":719,"slug":720,"category":199,"order":717},"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":722,"slug":723,"category":398,"order":724},"1988 巴菲特致股东信","1988-ba-fei-te-zhi-gu-dong-xin",59,{"title":726,"slug":727,"category":199,"order":724},"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":729,"slug":730,"category":398,"order":731},"1989 巴菲特致股东信","1989-ba-fei-te-zhi-gu-dong-xin",60,{"title":733,"slug":734,"category":199,"order":731},"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":736,"slug":737,"category":398,"order":738},"1990 巴菲特致股东信","1990-ba-fei-te-zhi-gu-dong-xin",61,{"title":740,"slug":741,"category":199,"order":738},"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":743,"slug":744,"category":398,"order":745},"1991 巴菲特致股东信","1991-ba-fei-te-zhi-gu-dong-xin",62,{"title":747,"slug":748,"category":199,"order":745},"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":750,"slug":751,"category":398,"order":752},"1992 巴菲特致股东信","1992-ba-fei-te-zhi-gu-dong-xin",63,{"title":754,"slug":755,"category":199,"order":752},"巴菲特：2006年慈善捐赠承诺","ba-fei-te-2006nian-ci-shan-juan-zeng-cheng-nuo",{"title":757,"slug":758,"category":398,"order":759},"1993 巴菲特致股东信","1993-ba-fei-te-zhi-gu-dong-xin",64,{"title":761,"slug":762,"category":199,"order":759},"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":764,"slug":765,"category":398,"order":766},"1994 巴菲特致股东信","1994-ba-fei-te-zhi-gu-dong-xin",65,{"title":768,"slug":769,"category":199,"order":766},"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":771,"slug":772,"category":398,"order":773},"1995 巴菲特致股东信","1995-ba-fei-te-zhi-gu-dong-xin",66,{"title":775,"slug":776,"category":199,"order":773},"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":778,"slug":779,"category":398,"order":780},"1996 巴菲特致股东信","1996-ba-fei-te-zhi-gu-dong-xin",67,{"title":782,"slug":783,"category":199,"order":780},"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":785,"slug":786,"category":398,"order":205},"1997 巴菲特致股东信","1997-ba-fei-te-zhi-gu-dong-xin",{"title":5,"slug":209,"category":199,"order":205},{"title":789,"slug":790,"category":398,"order":791},"1998 巴菲特致股东信","1998-ba-fei-te-zhi-gu-dong-xin",69,{"title":793,"slug":794,"category":199,"order":791},"巴菲特：2007年接受央视专访","ba-fei-te-2007nian-jie-shou-yang-shi-zhuan-fang",{"title":796,"slug":797,"category":398,"order":798},"1999 巴菲特致股东信","1999-ba-fei-te-zhi-gu-dong-xin",70,{"title":800,"slug":801,"category":199,"order":798},"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":803,"slug":804,"category":398,"order":805},"2000 巴菲特致股东信","2000-ba-fei-te-zhi-gu-dong-xin",71,{"title":807,"slug":808,"category":199,"order":805},"巴菲特：2007年查理罗斯专访","ba-fei-te-2007nian-cha-li-luo-si-zhuan-fang",{"title":810,"slug":811,"category":398,"order":812},"2001 巴菲特致股东信","2001-ba-fei-te-zhi-gu-dong-xin",72,{"title":814,"slug":815,"category":199,"order":812},"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":817,"slug":818,"category":398,"order":819},"2002 巴菲特致股东信","2002-ba-fei-te-zhi-gu-dong-xin",73,{"title":821,"slug":822,"category":199,"order":819},"巴菲特：2008年买入美国正当时","ba-fei-te-2008nian-mai-ru-mei-guo-zheng-dang-shi",{"title":824,"slug":825,"category":398,"order":826},"2003 巴菲特致股东信","2003-ba-fei-te-zhi-gu-dong-xin",74,{"title":828,"slug":829,"category":199,"order":826},"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":831,"slug":832,"category":398,"order":833},"2004 巴菲特致股东信","2004-ba-fei-te-zhi-gu-dong-xin",75,{"title":835,"slug":836,"category":199,"order":833},"巴菲特：2008年对话商学院学生","ba-fei-te-2008nian-dui-hua-shang-xue-yuan-xue-sheng",{"title":838,"slug":839,"category":398,"order":840},"2005 巴菲特致股东信","2005-ba-fei-te-zhi-gu-dong-xin",76,{"title":842,"slug":843,"category":199,"order":840},"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":845,"slug":846,"category":398,"order":847},"2006 巴菲特致股东信","2006-ba-fei-te-zhi-gu-dong-xin",77,{"title":849,"slug":850,"category":199,"order":847},"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":852,"slug":853,"category":398,"order":854},"2007 巴菲特致股东信","2007-ba-fei-te-zhi-gu-dong-xin",78,{"title":856,"slug":857,"category":199,"order":854},"巴菲特：2008年给保尔森的信","ba-fei-te-2008nian-gei-bao-er-sen-de-xin",{"title":859,"slug":860,"category":398,"order":861},"2008 巴菲特致股东信","2008-ba-fei-te-zhi-gu-dong-xin",79,{"title":863,"slug":864,"category":199,"order":861},"巴菲特：2008年解析经济危机","ba-fei-te-2008nian-jie-xi-jing-ji-wei-ji",{"title":866,"slug":867,"category":398,"order":868},"2009 巴菲特致股东信","2009-ba-fei-te-zhi-gu-dong-xin",80,{"title":870,"slug":871,"category":199,"order":868},"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":873,"slug":874,"category":398,"order":875},"2010 巴菲特致股东信","2010-ba-fei-te-zhi-gu-dong-xin",81,{"title":877,"slug":878,"category":199,"order":875},"巴菲特：2009年CNBC 专访","ba-fei-te-2009nian-cnbc-zhuan-fang",{"title":880,"slug":881,"category":398,"order":882},"2011 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巴菲特致股东信","2017-ba-fei-te-zhi-gu-dong-xin",90,{"title":940,"slug":941,"category":199,"order":938},"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":943,"slug":944,"category":398,"order":945},"2018 巴菲特致股东信","2018-ba-fei-te-zhi-gu-dong-xin",91,{"title":947,"slug":948,"category":199,"order":945},"巴菲特：2010年央视财经采访","ba-fei-te-2010nian-yang-shi-cai-jing-cai-fang",{"title":950,"slug":951,"category":398,"order":952},"2019 巴菲特致股东信","2019-ba-fei-te-zhi-gu-dong-xin",92,{"title":954,"slug":955,"category":199,"order":952},"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":957,"slug":958,"category":398,"order":959},"2020 巴菲特致股东信","2020-ba-fei-te-zhi-gu-dong-xin",93,{"title":961,"slug":962,"category":199,"order":959},"巴菲特：2010年慈善中国行","ba-fei-te-2010nian-ci-shan-zhong-guo-xing",{"title":964,"slug":965,"category":398,"order":966},"2021 巴菲特致股东信","2021-ba-fei-te-zhi-gu-dong-xin",94,{"title":968,"slug":969,"category":199,"order":966},"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":971,"slug":972,"category":398,"order":973},"2022 巴菲特致股东信","2022-ba-fei-te-zhi-gu-dong-xin",95,{"title":975,"slug":976,"category":199,"order":973},"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":978,"slug":979,"category":398,"order":980},"2023 巴菲特致股东信","2023-ba-fei-te-zhi-gu-dong-xin",96,{"title":982,"slug":983,"category":199,"order":980},"巴菲特：2011年500 亿美元的决定","ba-fei-te-2011nian-500-yi-mei-yuan-de-jue-ding",{"title":985,"slug":986,"category":398,"order":987},"2024 巴菲特致股东信","2024-ba-fei-te-zhi-gu-dong-xin",97,{"title":989,"slug":990,"category":199,"order":987},"巴菲特：2011年CNBC 专访","ba-fei-te-2011nian-cnbc-zhuan-fang",{"title":992,"slug":993,"category":398,"order":994},"2025 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