[{"data":1,"prerenderedAt":1708},["ShallowReactive",2],{"library-1966-ba-fei-te-zhi-gu-dong-xin":3,"library-sidebar-buffett":172,"library-sidebar-dao":1174,"library-sidebar-models":1476},{"id":4,"title":5,"body":6,"category":159,"date":160,"description":16,"extension":161,"meta":162,"navigation":163,"order":164,"path":165,"seo":166,"seoDescription":16,"seoTitle":167,"slug":168,"stem":169,"__hash__":170,"_collection":171},"buffett\u002Fbuffett\u002Fberkshire\u002F1966-ba-fei-te-zhi-gu-dong-xin.md","1966 巴菲特致股东信",{"type":7,"value":8,"toc":153},"minimark",[9,13,17,20,23,39,44,47,50,53,134,137,140,143,147,150],[10,11,5],"h1",{"id":12},"_1966-巴菲特致股东信",[14,15,16],"p",{},"致伯克希尔·哈撒韦公司全体股东：",[14,18,19],{},"为便于各位参考，我们在信的首页以对比形式重点列示了1966财年与前五个财年的财务数据。",[14,21,22],{},"本信将就以下几个方面作详细说明：",[24,25,26,30,33,36],"ol",{},[27,28,29],"li",{},"1966年运营状况",[27,31,32],{},"1961至1966年运营回顾",[27,34,35],{},"财务状况的维护",[27,37,38],{},"股息政策",[40,41,43],"h2",{"id":42},"二运营回顾1960年10月1日至1966年10月1日","二、运营回顾（1960年10月1日至1966年10月1日）",[14,45,46],{},"对于纺织这样高度周期性的行业，伯克希尔·哈撒韦 (Berkshire Hathaway) 过去十年的故事，不过是盈利期与亏损期交替上演的老剧本。过去这一年在这段历史中格外重要——1966年不仅实现了盈利，更见证了公司财务实力恢复到1960年底的水平。各位或许还记得：1959年和1960年的盈利尚未完全弥补1957年和1958年的巨额亏损，公司旋即又遭受了长达三年的亏损冲击。",[14,48,49],{},"这几年间，公司财务状况不仅受到上述亏损的侵蚀，还要同时承受1960年代初大规模资本支出计划带来的重压。",[14,51,52],{},"下表概括了伯克希尔·哈撒韦过去六年账面价值的变动情况：",[54,55,56,69],"table",{},[57,58,59],"thead",{},[60,61,62,66],"tr",{},[63,64,65],"th",{},"项目",[63,67,68],{},"金额（美元）",[70,71,72,81,89,97,105,113,121],"tbody",{},[60,73,74,78],{},[75,76,77],"td",{},"1960年10月1日账面价值",[75,79,80],{},"37,981,820",[60,82,83,86],{},[75,84,85],{},"加：1961至1966年净收益（已扣除固定资产处置损失620万美元）",[75,87,88],{},"40,476",[60,90,91,94],{},[75,92,93],{},"减：1961至1966年已派股息",[75,95,96],{},"1,366,273",[60,98,99,102],{},[75,100,101],{},"股息超出净收益部分",[75,103,104],{},"1,325,797",[60,106,107,110],{},[75,108,109],{},"小计",[75,111,112],{},"36,656,023",[60,114,115,118],{},[75,116,117],{},"减：1961至1966年累计回购607,972股股票",[75,119,120],{},"7,161,103",[60,122,123,129],{},[75,124,125],{},[126,127,128],"strong",{},"1966年10月1日账面价值",[75,130,131],{},[126,132,133],{},"29,494,920",[14,135,136],{},"从表中可以看出，这六年里股息支付额超过了净收益，但账面价值下降22%的主要原因，是公司依照回购计划持续买回自家股票——流通股已缩减至1,017,547股，较1960年10月1日减少了37%。考虑到公司因关闭亏损工厂而主动缩减经营规模，这一流通股数量的减少实属合理。",[14,138,139],{},"股票回购计划对现有股东的好处，可以从每股账面价值的变化中得到印证：1966年10月1日，公司流通普通股每股账面价值为28.99美元，而六年前这一数字仅为23.37美元。",[14,141,142],{},"截至1960年10月1日的那一财年，公司销售总额为6,260万美元；1966年则为4,940万美元，降幅约21%，与总账面价值22%的降幅基本吻合。公司目前的账面价值周转率已大致恢复到六年前的水平，这再次印证了公司实力的回归。",[40,144,146],{"id":145},"四股息政策","四、股息政策",[14,148,149],{},"公司财务状况的逐步恢复，为实施股息政策提供了条件——向股东分配当期税后利润中合理比例的股息。当然，任何股息政策都必须以维护现有财务实力为前提，不能顾此失彼。",[14,151,152],{},"为落实这一政策，董事会已于1966年11月14日宣布派发每股10美分的股息，股权登记日为1966年12月2日，派发日期为1967年1月3日。",{"title":154,"searchDepth":155,"depth":155,"links":156},"",2,[157,158],{"id":42,"depth":155,"text":43},{"id":145,"depth":155,"text":146},"致股东信",null,"md",{},true,23,"\u002Fbuffett\u002Fberkshire\u002F1966-ba-fei-te-zhi-gu-dong-xin",{"title":5,"description":16},"1966 巴菲特致股东信｜巴菲特","1966-ba-fei-te-zhi-gu-dong-xin","buffett\u002Fberkshire\u002F1966-ba-fei-te-zhi-gu-dong-xin","L0DYjOwYuf4T7QfQe7_5sAWeSqrE2RbCj3s1S5lYBwU","buffett",[173,177,181,185,188,191,194,198,201,204,208,211,214,218,221,224,228,231,234,238,241,244,248,251,254,258,261,264,268,271,274,278,281,284,288,291,294,298,301,304,308,311,314,318,321,324,328,331,334,338,341,344,348,351,354,358,361,364,368,371,374,378,381,384,388,391,394,395,398,401,405,408,411,415,418,421,425,428,431,435,438,441,445,448,451,455,458,461,465,468,471,475,478,481,485,488,491,495,498,501,505,508,512,515,519,522,526,529,533,536,540,543,547,550,554,557,561,564,568,571,575,578,582,585,589,592,596,599,603,606,610,613,617,620,624,627,631,634,638,641,645,648,652,655,659,662,666,669,673,676,680,683,687,690,694,697,701,704,708,711,715,718,722,725,729,732,736,739,743,746,750,753,757,760,764,767,771,774,778,781,785,788,792,795,799,802,806,809,813,816,820,823,827,830,834,837,841,844,848,851,855,858,862,865,869,872,876,879,883,886,890,893,897,900,904,907,911,914,918,921,925,928,932,935,939,942,946,949,953,956,960,963,967,970,974,978,982,986,990,994,998,1002,1006,1010,1014,1018,1022,1026,1030,1034,1038,1042,1046,1050,1054,1058,1062,1066,1070,1074,1078,1082,1086,1090,1094,1098,1102,1106,1110,1114,1118,1122,1126,1130,1134,1138,1142,1146,1150,1154,1158,1162,1166,1170],{"title":174,"slug":175,"category":159,"order":176},"1956 有限合伙协议","1956-you-xian-he-huo-xie-yi",1,{"title":178,"slug":179,"category":180,"order":176},"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","访谈与文章",{"title":182,"slug":183,"category":184,"order":176},"1994年伯克希尔股东大会","1994nian-bo-ke-xi-er-gu-dong-da-hui","股东大会",{"title":186,"slug":187,"category":159,"order":155},"1957 巴菲特致合伙人信","1957-ba-fei-te-zhi-he-huo-ren-xin",{"title":189,"slug":190,"category":180,"order":155},"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":192,"slug":193,"category":184,"order":155},"1995年伯克希尔股东大会","1995nian-bo-ke-xi-er-gu-dong-da-hui",{"title":195,"slug":196,"category":159,"order":197},"1958 巴菲特致合伙人信","1958-ba-fei-te-zhi-he-huo-ren-xin",3,{"title":199,"slug":200,"category":180,"order":197},"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":202,"slug":203,"category":184,"order":197},"1996年伯克希尔股东大会","1996nian-bo-ke-xi-er-gu-dong-da-hui",{"title":205,"slug":206,"category":159,"order":207},"1959 巴菲特致合伙人信","1959-ba-fei-te-zhi-he-huo-ren-xin",4,{"title":209,"slug":210,"category":180,"order":207},"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":212,"slug":213,"category":184,"order":207},"1997年伯克希尔股东大会","1997nian-bo-ke-xi-er-gu-dong-da-hui",{"title":215,"slug":216,"category":159,"order":217},"1960 巴菲特致合伙人信","1960-ba-fei-te-zhi-he-huo-ren-xin",5,{"title":219,"slug":220,"category":180,"order":217},"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":222,"slug":223,"category":184,"order":217},"1998年伯克希尔股东大会","1998nian-bo-ke-xi-er-gu-dong-da-hui",{"title":225,"slug":226,"category":159,"order":227},"1961 巴菲特致合伙人信","1961-ba-fei-te-zhi-he-huo-ren-xin",6,{"title":229,"slug":230,"category":180,"order":227},"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":232,"slug":233,"category":184,"order":227},"1999年伯克希尔股东大会","1999nian-bo-ke-xi-er-gu-dong-da-hui",{"title":235,"slug":236,"category":159,"order":237},"1961年中 巴菲特致合伙人信","1961nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",7,{"title":239,"slug":240,"category":180,"order":237},"巴菲特：1976年巴菲特谈GEICO","ba-fei-te-1976nian-ba-fei-te-tan-geico",{"title":242,"slug":243,"category":184,"order":237},"2000年伯克希尔股东大会","2000nian-bo-ke-xi-er-gu-dong-da-hui",{"title":245,"slug":246,"category":159,"order":247},"1962 巴菲特致合伙人信","1962-ba-fei-te-zhi-he-huo-ren-xin",8,{"title":249,"slug":250,"category":180,"order":247},"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":252,"slug":253,"category":184,"order":247},"2001年伯克希尔股东大会","2001nian-bo-ke-xi-er-gu-dong-da-hui",{"title":255,"slug":256,"category":159,"order":257},"1962年11月 巴菲特致合伙人信","1962nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",9,{"title":259,"slug":260,"category":180,"order":257},"巴菲特：1977年谈通货膨胀","ba-fei-te-1977nian-tan-tong-huo-peng-zhang",{"title":262,"slug":263,"category":184,"order":257},"2002年伯克希尔股东大会","2002nian-bo-ke-xi-er-gu-dong-da-hui",{"title":265,"slug":266,"category":159,"order":267},"1962年12月 巴菲特致合伙人信","1962nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",10,{"title":269,"slug":270,"category":180,"order":267},"巴菲特：1979年谈股市","ba-fei-te-1979nian-tan-gu-shi",{"title":272,"slug":273,"category":184,"order":267},"2003年伯克希尔股东大会","2003nian-bo-ke-xi-er-gu-dong-da-hui",{"title":275,"slug":276,"category":159,"order":277},"1962年中 巴菲特致合伙人信","1962nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",11,{"title":279,"slug":280,"category":180,"order":277},"巴菲特：1982年谈指数期货","ba-fei-te-1982nian-tan-zhi-shu-qi-huo",{"title":282,"slug":283,"category":184,"order":277},"2004年伯克希尔股东大会","2004nian-bo-ke-xi-er-gu-dong-da-hui",{"title":285,"slug":286,"category":159,"order":287},"1963 巴菲特致合伙人信","1963-ba-fei-te-zhi-he-huo-ren-xin",12,{"title":289,"slug":290,"category":180,"order":287},"巴菲特：1983年写给Louie Blumkin的信（内布拉斯加州家具百货","ba-fei-te-1983nian-xie-gei-louie-blumkinde-xin-nei-bu-la-si-jia-zhou-jia-ju-bai-huo",{"title":292,"slug":293,"category":184,"order":287},"2005年伯克希尔股东大会","2005nian-bo-ke-xi-er-gu-dong-da-hui",{"title":295,"slug":296,"category":159,"order":297},"1963年11月 巴菲特致合伙人信","1963nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",13,{"title":299,"slug":300,"category":180,"order":297},"巴菲特：1983年向Rose Blumkin 发出的正式意向收购书","ba-fei-te-1983nian-xiang-rose-blumkin-fa-chu-de-zheng-shi-yi-xiang-shou-gou-shu",{"title":302,"slug":303,"category":184,"order":297},"2006年伯克希尔股东大会","2006nian-bo-ke-xi-er-gu-dong-da-hui",{"title":305,"slug":306,"category":159,"order":307},"1963年12月 巴菲特致合伙人信","1963nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",14,{"title":309,"slug":310,"category":180,"order":307},"巴菲特：1984年哥大商学院演讲","ba-fei-te-1984nian-ge-da-shang-xue-yuan-yan-jiang",{"title":312,"slug":313,"category":184,"order":307},"2007年伯克希尔股东大会","2007nian-bo-ke-xi-er-gu-dong-da-hui",{"title":315,"slug":316,"category":159,"order":317},"1963年中 巴菲特致合伙人信","1963nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",15,{"title":319,"slug":320,"category":180,"order":317},"巴菲特：1985年谈投资","ba-fei-te-1985nian-tan-tou-zi",{"title":322,"slug":323,"category":184,"order":317},"2008年伯克希尔股东大会","2008nian-bo-ke-xi-er-gu-dong-da-hui",{"title":325,"slug":326,"category":159,"order":327},"1964 巴菲特致合伙人信","1964-ba-fei-te-zhi-he-huo-ren-xin",16,{"title":329,"slug":330,"category":180,"order":327},"巴菲特：1986年《如何驯服“赌场社会”》","ba-fei-te-1986nian-ru-he-xun-fu-du-chang-she-hui",{"title":332,"slug":333,"category":184,"order":327},"2009年伯克希尔股东大会","2009nian-bo-ke-xi-er-gu-dong-da-hui",{"title":335,"slug":336,"category":159,"order":337},"1964年中 巴菲特致合伙人信","1964nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",17,{"title":339,"slug":340,"category":180,"order":337},"巴菲特：1986年在《华尔街日报》刊登的收购广告","ba-fei-te-1986nian-zai-hua-er-jie-ri-bao-kan-deng-de-shou-gou-guang-gao",{"title":342,"slug":343,"category":184,"order":337},"2010年伯克希尔股东大会","2010nian-bo-ke-xi-er-gu-dong-da-hui",{"title":345,"slug":346,"category":159,"order":347},"1965 巴菲特致合伙人信","1965-ba-fei-te-zhi-he-huo-ren-xin",18,{"title":349,"slug":350,"category":180,"order":347},"巴菲特：1987年-关于股票指数期货的早期担忧","ba-fei-te-1987nian-guan-yu-gu-piao-zhi-shu-qi-huo-de-zao-qi-dan-you",{"title":352,"slug":353,"category":184,"order":347},"2011年伯克希尔股东大会","2011nian-bo-ke-xi-er-gu-dong-da-hui",{"title":355,"slug":356,"category":159,"order":357},"1965 巴菲特致股东信","1965-ba-fei-te-zhi-gu-dong-xin",19,{"title":359,"slug":360,"category":180,"order":357},"巴菲特：1987年-我们可以从费雪（Phil Fisher）身上学到什么","ba-fei-te-1987nian-wo-men-ke-yi-cong-fei-xue-phil-fisher-shen-shang-xue-dao-shi-me",{"title":362,"slug":363,"category":184,"order":357},"2012年伯克希尔股东大会","2012nian-bo-ke-xi-er-gu-dong-da-hui",{"title":365,"slug":366,"category":159,"order":367},"1965年11月 巴菲特致合伙人信","1965nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",20,{"title":369,"slug":370,"category":180,"order":367},"巴菲特：1988年谈投资","ba-fei-te-1988nian-tan-tou-zi",{"title":372,"slug":373,"category":184,"order":367},"2013年伯克希尔股东大会","2013nian-bo-ke-xi-er-gu-dong-da-hui",{"title":375,"slug":376,"category":159,"order":377},"1965年中 巴菲特致合伙人信","1965nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",21,{"title":379,"slug":380,"category":180,"order":377},"巴菲特：1990年斯坦福法学院演讲","ba-fei-te-1990nian-si-tan-fu-fa-xue-yuan-yan-jiang",{"title":382,"slug":383,"category":184,"order":377},"2014年伯克希尔股东大会","2014nian-bo-ke-xi-er-gu-dong-da-hui",{"title":385,"slug":386,"category":159,"order":387},"1966 巴菲特致合伙人信","1966-ba-fei-te-zhi-he-huo-ren-xin",22,{"title":389,"slug":390,"category":180,"order":387},"巴菲特：1991年 年喜诗糖果70 周年纪念","ba-fei-te-1991nian-nian-xi-shi-tang-guo-70-zhou-nian-ji-nian",{"title":392,"slug":393,"category":184,"order":387},"2015年伯克希尔股东大会","2015nian-bo-ke-xi-er-gu-dong-da-hui",{"title":5,"slug":168,"category":159,"order":164},{"title":396,"slug":397,"category":180,"order":164},"巴菲特：1991年圣母大学演讲","ba-fei-te-1991nian-sheng-mu-da-xue-yan-jiang",{"title":399,"slug":400,"category":184,"order":164},"2016年伯克希尔股东大会","2016nian-bo-ke-xi-er-gu-dong-da-hui",{"title":402,"slug":403,"category":159,"order":404},"1966年11月 巴菲特致合伙人信","1966nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",24,{"title":406,"slug":407,"category":180,"order":404},"巴菲特：1991年巴菲特致所罗门股东信","ba-fei-te-1991nian-ba-fei-te-zhi-suo-luo-men-gu-dong-xin",{"title":409,"slug":410,"category":184,"order":404},"2017年伯克希尔股东大会","2017nian-bo-ke-xi-er-gu-dong-da-hui",{"title":412,"slug":413,"category":159,"order":414},"1966年中 巴菲特致合伙人信","1966nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",25,{"title":416,"slug":417,"category":180,"order":414},"巴菲特：1992年巴菲特奥马哈新闻俱乐部","ba-fei-te-1992nian-ba-fei-te-ao-ma-ha-xin-wen-ju-le-bu",{"title":419,"slug":420,"category":184,"order":414},"2018年伯克希尔股东大会","2018nian-bo-ke-xi-er-gu-dong-da-hui",{"title":422,"slug":423,"category":159,"order":424},"1967 巴菲特致合伙人信","1967-ba-fei-te-zhi-he-huo-ren-xin",26,{"title":426,"slug":427,"category":180,"order":424},"巴菲特：1994年内布拉斯加大学演讲","ba-fei-te-1994nian-nei-bu-la-si-jia-da-xue-yan-jiang",{"title":429,"slug":430,"category":184,"order":424},"2019年伯克希尔股东大会","2019nian-bo-ke-xi-er-gu-dong-da-hui",{"title":432,"slug":433,"category":159,"order":434},"1967 巴菲特致股东信","1967-ba-fei-te-zhi-gu-dong-xin",27,{"title":436,"slug":437,"category":180,"order":434},"巴菲特：1994年巴菲特谈施洛斯的信","ba-fei-te-1994nian-ba-fei-te-tan-shi-luo-si-de-xin",{"title":439,"slug":440,"category":184,"order":434},"2020年伯克希尔股东大会","2020nian-bo-ke-xi-er-gu-dong-da-hui",{"title":442,"slug":443,"category":159,"order":444},"1967年10月 巴菲特致合伙人信","1967nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",28,{"title":446,"slug":447,"category":180,"order":444},"巴菲特：1996年伯克希尔股东手册","ba-fei-te-1996nian-bo-ke-xi-er-gu-dong-shou-ce",{"title":449,"slug":450,"category":184,"order":444},"2021年伯克希尔股东大会","2021nian-bo-ke-xi-er-gu-dong-da-hui",{"title":452,"slug":453,"category":159,"order":454},"1967年11月 巴菲特致合伙人信","1967nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",29,{"title":456,"slug":457,"category":180,"order":454},"巴菲特：1997年巴菲特谈微软的信","ba-fei-te-1997nian-ba-fei-te-tan-wei-ruan-de-xin",{"title":459,"slug":460,"category":184,"order":454},"2022年伯克希尔股东大会","2022nian-bo-ke-xi-er-gu-dong-da-hui",{"title":462,"slug":463,"category":159,"order":464},"1967年中 巴菲特致合伙人信","1967nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",30,{"title":466,"slug":467,"category":180,"order":464},"巴菲特：1998年佛罗里达大学演讲","ba-fei-te-1998nian-fo-luo-li-da-da-xue-yan-jiang",{"title":469,"slug":470,"category":184,"order":464},"2023年伯克希尔股东大会","2023nian-bo-ke-xi-er-gu-dong-da-hui",{"title":472,"slug":473,"category":159,"order":474},"1968 巴菲特致合伙人信","1968-ba-fei-te-zhi-he-huo-ren-xin",31,{"title":476,"slug":477,"category":180,"order":474},"巴菲特：1998年华盛顿大学谈话","ba-fei-te-1998nian-hua-sheng-dun-da-xue-tan-hua",{"title":479,"slug":480,"category":184,"order":474},"2024年伯克希尔股东大会","2024nian-bo-ke-xi-er-gu-dong-da-hui",{"title":482,"slug":483,"category":159,"order":484},"1968 巴菲特致股东信","1968-ba-fei-te-zhi-gu-dong-xin",32,{"title":486,"slug":487,"category":180,"order":484},"巴菲特：1999年内布拉斯加教育论坛演讲","ba-fei-te-1999nian-nei-bu-la-si-jia-jiao-yu-lun-tan-yan-jiang",{"title":489,"slug":490,"category":184,"order":484},"2025年伯克希尔股东大会","2025nian-bo-ke-xi-er-gu-dong-da-hui",{"title":492,"slug":493,"category":159,"order":494},"1968年11月 巴菲特致合伙人信","1968nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",33,{"title":496,"slug":497,"category":180,"order":494},"巴菲特：1999年巴菲特太阳谷演讲","ba-fei-te-1999nian-ba-fei-te-tai-yang-gu-yan-jiang",{"title":499,"slug":500,"category":184,"order":494},"2026年伯克希尔股东大会","2026nian-bo-ke-xi-er-gu-dong-da-hui",{"title":502,"slug":503,"category":159,"order":504},"1968年中 巴菲特致合伙人信","1968nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",34,{"title":506,"slug":507,"category":180,"order":504},"巴菲特：1999年巴菲特谈股市","ba-fei-te-1999nian-ba-fei-te-tan-gu-shi",{"title":509,"slug":510,"category":159,"order":511},"1969 巴菲特致股东信","1969-ba-fei-te-zhi-gu-dong-xin",35,{"title":513,"slug":514,"category":180,"order":511},"巴菲特：2001年佐治亚大学演讲","ba-fei-te-2001nian-zuo-zhi-ya-da-xue-yan-jiang",{"title":516,"slug":517,"category":159,"order":518},"1969年10月 巴菲特致合伙人信","1969nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",36,{"title":520,"slug":521,"category":180,"order":518},"巴菲特：2001年保险业的FDIC","ba-fei-te-2001nian-bao-xian-ye-de-fdic",{"title":523,"slug":524,"category":159,"order":525},"1969年12月 巴菲特致合伙人信","1969nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",37,{"title":527,"slug":528,"category":180,"order":525},"巴菲特：2001年对话内大商学院","ba-fei-te-2001nian-dui-hua-nei-da-shang-xue-yuan",{"title":530,"slug":531,"category":159,"order":532},"1969年12月26日 巴菲特致合伙人信","1969nian-12yue-26ri-ba-fei-te-zhi-he-huo-ren-xin",38,{"title":534,"slug":535,"category":180,"order":532},"巴菲特：2001年巴菲特谈股市","ba-fei-te-2001nian-ba-fei-te-tan-gu-shi",{"title":537,"slug":538,"category":159,"order":539},"1969年5月 巴菲特致合伙人信","1969nian-5yue-ba-fei-te-zhi-he-huo-ren-xin",39,{"title":541,"slug":542,"category":180,"order":539},"巴菲特：2001年给全体经理人备忘录","ba-fei-te-2001nian-gei-quan-ti-jing-li-ren-bei-wang-lu",{"title":544,"slug":545,"category":159,"order":546},"1970 巴菲特致股东信","1970-ba-fei-te-zhi-gu-dong-xin",40,{"title":548,"slug":549,"category":180,"order":546},"巴菲特：2002年哥大商学院演讲","ba-fei-te-2002nian-ge-da-shang-xue-yuan-yan-jiang",{"title":551,"slug":552,"category":159,"order":553},"1970年2月 巴菲特致合伙人信","1970nian-2yue-ba-fei-te-zhi-he-huo-ren-xin",41,{"title":555,"slug":556,"category":180,"order":553},"巴菲特：2002年股票期权与常识","ba-fei-te-2002nian-gu-piao-qi-quan-yu-chang-shi",{"title":558,"slug":559,"category":159,"order":560},"1971 巴菲特致股东信","1971-ba-fei-te-zhi-gu-dong-xin",42,{"title":562,"slug":563,"category":180,"order":560},"巴菲特：2002年谁是真正的账房先生","ba-fei-te-2002nian-shui-shi-zhen-zheng-de-zhang-fang-xian-sheng",{"title":565,"slug":566,"category":159,"order":567},"1972 巴菲特致股东信","1972-ba-fei-te-zhi-gu-dong-xin",43,{"title":569,"slug":570,"category":180,"order":567},"巴菲特：2003年《美国正滑向贸易赤字的危险边缘》","ba-fei-te-2003nian-mei-guo-zheng-hua-xiang-mao-yi-chi-zi-de-wei-xian-bian-yuan",{"title":572,"slug":573,"category":159,"order":574},"1973 巴菲特致股东信","1973-ba-fei-te-zhi-gu-dong-xin",44,{"title":576,"slug":577,"category":180,"order":574},"巴菲特：2003年内布拉斯加大学 林肯分校--领导力课程演讲","ba-fei-te-2003nian-nei-bu-la-si-jia-da-xue-lin-ken-fen-xiao-ling-dao-li-ke-cheng-yan-jiang",{"title":579,"slug":580,"category":159,"order":581},"1974 巴菲特致股东信","1974-ba-fei-te-zhi-gu-dong-xin",45,{"title":583,"slug":584,"category":180,"order":581},"巴菲特：2003年对话沃顿商学院学生","ba-fei-te-2003nian-dui-hua-wo-dun-shang-xue-yuan-xue-sheng",{"title":586,"slug":587,"category":159,"order":588},"1975 巴菲特致股东信","1975-ba-fei-te-zhi-gu-dong-xin",46,{"title":590,"slug":591,"category":180,"order":588},"巴菲特：2003年对话田纳西大学学生","ba-fei-te-2003nian-dui-hua-tian-na-xi-da-xue-xue-sheng",{"title":593,"slug":594,"category":159,"order":595},"1976 巴菲特致股东信","1976-ba-fei-te-zhi-gu-dong-xin",47,{"title":597,"slug":598,"category":180,"order":595},"巴菲特：2003年我为什么不看好美元","ba-fei-te-2003nian-wo-wei-shi-me-bu-kan-hao-mei-yuan",{"title":600,"slug":601,"category":159,"order":602},"1977 巴菲特致股东信","1977-ba-fei-te-zhi-gu-dong-xin",48,{"title":604,"slug":605,"category":180,"order":602},"巴菲特：2003年沃伦在担心什么","ba-fei-te-2003nian-wo-lun-zai-dan-xin-shi-me",{"title":607,"slug":608,"category":159,"order":609},"1978 巴菲特致股东信","1978-ba-fei-te-zhi-gu-dong-xin",49,{"title":611,"slug":612,"category":180,"order":609},"巴菲特：2003年股息巫术","ba-fei-te-2003nian-gu-xi-wu-shu",{"title":614,"slug":615,"category":159,"order":616},"1979 巴菲特致股东信","1979-ba-fei-te-zhi-gu-dong-xin",50,{"title":618,"slug":619,"category":180,"order":616},"2004年：《巴菲特：2004年与塔克商学院学生对谈》","ba-fei-te-2004nian-yu-ta-ke-shang-xue-yuan-xue-sheng-dui-tan",{"title":621,"slug":622,"category":159,"order":623},"1980 巴菲特致股东信","1980-ba-fei-te-zhi-gu-dong-xin",51,{"title":625,"slug":626,"category":180,"order":623},"巴菲特：2004年专访苏珊·巴菲特","ba-fei-te-2004nian-zhuan-fang-su-shan-ba-fei-te",{"title":628,"slug":629,"category":159,"order":630},"1981 巴菲特致股东信","1981-ba-fei-te-zhi-gu-dong-xin",52,{"title":632,"slug":633,"category":180,"order":630},"巴菲特：2004年对话奥奎尔俱乐部","ba-fei-te-2004nian-dui-hua-ao-kui-er-ju-le-bu",{"title":635,"slug":636,"category":159,"order":637},"1982 巴菲特致股东信","1982-ba-fei-te-zhi-gu-dong-xin",53,{"title":639,"slug":640,"category":180,"order":637},"巴菲特：2004年对话沃顿商学院学生","ba-fei-te-2004nian-dui-hua-wo-dun-shang-xue-yuan-xue-sheng",{"title":642,"slug":643,"category":159,"order":644},"1983 巴菲特致股东信","1983-ba-fei-te-zhi-gu-dong-xin",54,{"title":646,"slug":647,"category":180,"order":644},"巴菲特：2004年模糊数学与股票期权","ba-fei-te-2004nian-mo-hu-shu-xue-yu-gu-piao-qi-quan",{"title":649,"slug":650,"category":159,"order":651},"1984 巴菲特致股东信","1984-ba-fei-te-zhi-gu-dong-xin",55,{"title":653,"slug":654,"category":180,"order":651},"与沃伦·巴菲特的问答纪要 2005年","ba-fei-te-2005nian-jia-zhou-da-xue-luo-shan-ji-fen-xiao-an-de-sen-guan-li-xue-yuan-nan-jia-zhou-da-xue-ma-xie-er-shang-xue-yuan-wen-da-ji-yao",{"title":656,"slug":657,"category":159,"order":658},"1985 巴菲特致股东信","1985-ba-fei-te-zhi-gu-dong-xin",56,{"title":660,"slug":661,"category":180,"order":658},"2005年：《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":663,"slug":664,"category":159,"order":665},"1986 巴菲特致股东信","1986-ba-fei-te-zhi-gu-dong-xin",57,{"title":667,"slug":668,"category":180,"order":665},"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":670,"slug":671,"category":159,"order":672},"1987 巴菲特致股东信","1987-ba-fei-te-zhi-gu-dong-xin",58,{"title":674,"slug":675,"category":180,"order":672},"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":677,"slug":678,"category":159,"order":679},"1988 巴菲特致股东信","1988-ba-fei-te-zhi-gu-dong-xin",59,{"title":681,"slug":682,"category":180,"order":679},"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":684,"slug":685,"category":159,"order":686},"1989 巴菲特致股东信","1989-ba-fei-te-zhi-gu-dong-xin",60,{"title":688,"slug":689,"category":180,"order":686},"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":691,"slug":692,"category":159,"order":693},"1990 巴菲特致股东信","1990-ba-fei-te-zhi-gu-dong-xin",61,{"title":695,"slug":696,"category":180,"order":693},"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":698,"slug":699,"category":159,"order":700},"1991 巴菲特致股东信","1991-ba-fei-te-zhi-gu-dong-xin",62,{"title":702,"slug":703,"category":180,"order":700},"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":705,"slug":706,"category":159,"order":707},"1992 巴菲特致股东信","1992-ba-fei-te-zhi-gu-dong-xin",63,{"title":709,"slug":710,"category":180,"order":707},"巴菲特：2006年慈善捐赠承诺","ba-fei-te-2006nian-ci-shan-juan-zeng-cheng-nuo",{"title":712,"slug":713,"category":159,"order":714},"1993 巴菲特致股东信","1993-ba-fei-te-zhi-gu-dong-xin",64,{"title":716,"slug":717,"category":180,"order":714},"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":719,"slug":720,"category":159,"order":721},"1994 巴菲特致股东信","1994-ba-fei-te-zhi-gu-dong-xin",65,{"title":723,"slug":724,"category":180,"order":721},"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":726,"slug":727,"category":159,"order":728},"1995 巴菲特致股东信","1995-ba-fei-te-zhi-gu-dong-xin",66,{"title":730,"slug":731,"category":180,"order":728},"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":733,"slug":734,"category":159,"order":735},"1996 巴菲特致股东信","1996-ba-fei-te-zhi-gu-dong-xin",67,{"title":737,"slug":738,"category":180,"order":735},"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":740,"slug":741,"category":159,"order":742},"1997 巴菲特致股东信","1997-ba-fei-te-zhi-gu-dong-xin",68,{"title":744,"slug":745,"category":180,"order":742},"巴菲特：2007年巴菲特接见Dardashti","ba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti",{"title":747,"slug":748,"category":159,"order":749},"1998 巴菲特致股东信","1998-ba-fei-te-zhi-gu-dong-xin",69,{"title":751,"slug":752,"category":180,"order":749},"巴菲特：2007年接受央视专访","ba-fei-te-2007nian-jie-shou-yang-shi-zhuan-fang",{"title":754,"slug":755,"category":159,"order":756},"1999 巴菲特致股东信","1999-ba-fei-te-zhi-gu-dong-xin",70,{"title":758,"slug":759,"category":180,"order":756},"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":761,"slug":762,"category":159,"order":763},"2000 巴菲特致股东信","2000-ba-fei-te-zhi-gu-dong-xin",71,{"title":765,"slug":766,"category":180,"order":763},"巴菲特：2007年查理罗斯专访","ba-fei-te-2007nian-cha-li-luo-si-zhuan-fang",{"title":768,"slug":769,"category":159,"order":770},"2001 巴菲特致股东信","2001-ba-fei-te-zhi-gu-dong-xin",72,{"title":772,"slug":773,"category":180,"order":770},"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":775,"slug":776,"category":159,"order":777},"2002 巴菲特致股东信","2002-ba-fei-te-zhi-gu-dong-xin",73,{"title":779,"slug":780,"category":180,"order":777},"巴菲特：2008年买入美国正当时","ba-fei-te-2008nian-mai-ru-mei-guo-zheng-dang-shi",{"title":782,"slug":783,"category":159,"order":784},"2003 巴菲特致股东信","2003-ba-fei-te-zhi-gu-dong-xin",74,{"title":786,"slug":787,"category":180,"order":784},"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":789,"slug":790,"category":159,"order":791},"2004 巴菲特致股东信","2004-ba-fei-te-zhi-gu-dong-xin",75,{"title":793,"slug":794,"category":180,"order":791},"巴菲特：2008年对话商学院学生","ba-fei-te-2008nian-dui-hua-shang-xue-yuan-xue-sheng",{"title":796,"slug":797,"category":159,"order":798},"2005 巴菲特致股东信","2005-ba-fei-te-zhi-gu-dong-xin",76,{"title":800,"slug":801,"category":180,"order":798},"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":803,"slug":804,"category":159,"order":805},"2006 巴菲特致股东信","2006-ba-fei-te-zhi-gu-dong-xin",77,{"title":807,"slug":808,"category":180,"order":805},"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":810,"slug":811,"category":159,"order":812},"2007 巴菲特致股东信","2007-ba-fei-te-zhi-gu-dong-xin",78,{"title":814,"slug":815,"category":180,"order":812},"巴菲特：2008年给保尔森的信","ba-fei-te-2008nian-gei-bao-er-sen-de-xin",{"title":817,"slug":818,"category":159,"order":819},"2008 巴菲特致股东信","2008-ba-fei-te-zhi-gu-dong-xin",79,{"title":821,"slug":822,"category":180,"order":819},"巴菲特：2008年解析经济危机","ba-fei-te-2008nian-jie-xi-jing-ji-wei-ji",{"title":824,"slug":825,"category":159,"order":826},"2009 巴菲特致股东信","2009-ba-fei-te-zhi-gu-dong-xin",80,{"title":828,"slug":829,"category":180,"order":826},"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":831,"slug":832,"category":159,"order":833},"2010 巴菲特致股东信","2010-ba-fei-te-zhi-gu-dong-xin",81,{"title":835,"slug":836,"category":180,"order":833},"巴菲特：2009年CNBC 专访","ba-fei-te-2009nian-cnbc-zhuan-fang",{"title":838,"slug":839,"category":159,"order":840},"2011 巴菲特致股东信","2011-ba-fei-te-zhi-gu-dong-xin",82,{"title":842,"slug":843,"category":180,"order":840},"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":845,"slug":846,"category":159,"order":847},"2012 巴菲特致股东信","2012-ba-fei-te-zhi-gu-dong-xin",83,{"title":849,"slug":850,"category":180,"order":847},"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":852,"slug":853,"category":159,"order":854},"2013 巴菲特致股东信","2013-ba-fei-te-zhi-gu-dong-xin",84,{"title":856,"slug":857,"category":180,"order":854},"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":859,"slug":860,"category":159,"order":861},"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":863,"slug":864,"category":180,"order":861},"巴菲特：2009年收购BNSF 铁路","ba-fei-te-2009nian-shou-gou-bnsf-tie-lu",{"title":866,"slug":867,"category":159,"order":868},"2014 副董事长的思考","2014-fu-dong-shi-chang-de-si-kao",86,{"title":870,"slug":871,"category":180,"order":868},"巴菲特：2009年美元效应","ba-fei-te-2009nian-mei-yuan-xiao-ying",{"title":873,"slug":874,"category":159,"order":875},"2014 巴菲特致股东信","2014-ba-fei-te-zhi-gu-dong-xin",87,{"title":877,"slug":878,"category":180,"order":875},"教学方法期刊","ba-fei-te-2009nian-a-ke-lun-da-xue-shang-xue-yuan-wen-da-shi-lu",{"title":880,"slug":881,"category":159,"order":882},"2015 巴菲特致股东信","2015-ba-fei-te-zhi-gu-dong-xin",88,{"title":884,"slug":885,"category":180,"order":882},"巴菲特：2010年\"捐赠誓言\"计划","ba-fei-te-2010nian-juan-zeng-shi-yan-ji-hua",{"title":887,"slug":888,"category":159,"order":889},"2016 巴菲特致股东信","2016-ba-fei-te-zhi-gu-dong-xin",89,{"title":891,"slug":892,"category":180,"order":889},"巴菲特：2010年CNBC 专访","ba-fei-te-2010nian-cnbc-zhuan-fang",{"title":894,"slug":895,"category":159,"order":896},"2017 巴菲特致股东信","2017-ba-fei-te-zhi-gu-dong-xin",90,{"title":898,"slug":899,"category":180,"order":896},"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":901,"slug":902,"category":159,"order":903},"2018 巴菲特致股东信","2018-ba-fei-te-zhi-gu-dong-xin",91,{"title":905,"slug":906,"category":180,"order":903},"巴菲特：2010年央视财经采访","ba-fei-te-2010nian-yang-shi-cai-jing-cai-fang",{"title":908,"slug":909,"category":159,"order":910},"2019 巴菲特致股东信","2019-ba-fei-te-zhi-gu-dong-xin",92,{"title":912,"slug":913,"category":180,"order":910},"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":915,"slug":916,"category":159,"order":917},"2020 巴菲特致股东信","2020-ba-fei-te-zhi-gu-dong-xin",93,{"title":919,"slug":920,"category":180,"order":917},"巴菲特：2010年慈善中国行","ba-fei-te-2010nian-ci-shan-zhong-guo-xing",{"title":922,"slug":923,"category":159,"order":924},"2021 巴菲特致股东信","2021-ba-fei-te-zhi-gu-dong-xin",94,{"title":926,"slug":927,"category":180,"order":924},"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":929,"slug":930,"category":159,"order":931},"2022 巴菲特致股东信","2022-ba-fei-te-zhi-gu-dong-xin",95,{"title":933,"slug":934,"category":180,"order":931},"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":936,"slug":937,"category":159,"order":938},"2023 巴菲特致股东信","2023-ba-fei-te-zhi-gu-dong-xin",96,{"title":940,"slug":941,"category":180,"order":938},"巴菲特：2011年500 亿美元的决定","ba-fei-te-2011nian-500-yi-mei-yuan-de-jue-ding",{"title":943,"slug":944,"category":159,"order":945},"2024 巴菲特致股东信","2024-ba-fei-te-zhi-gu-dong-xin",97,{"title":947,"slug":948,"category":180,"order":945},"巴菲特：2011年CNBC 专访","ba-fei-te-2011nian-cnbc-zhuan-fang",{"title":950,"slug":951,"category":159,"order":952},"2025 巴菲特致股东信","2025-ba-fei-te-zhi-gu-dong-xin",98,{"title":954,"slug":955,"category":180,"order":952},"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":957,"slug":958,"category":159,"order":959},"2025 感恩节致辞","2025-gan-en-jie-zhi-ci",99,{"title":961,"slug":962,"category":180,"order":959},"巴菲特：2011年查理·罗斯专访","ba-fei-te-2011nian-cha-li-luo-si-zhuan-fang",{"title":964,"slug":965,"category":159,"order":966},"2026 阿贝尔致股东信","2026-a-bei-er-zhi-gu-dong-xin",100,{"title":968,"slug":969,"category":180,"order":966},"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":971,"slug":972,"category":180,"order":973},"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":975,"slug":976,"category":180,"order":977},"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":979,"slug":980,"category":180,"order":981},"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":983,"slug":984,"category":180,"order":985},"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":987,"slug":988,"category":180,"order":989},"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":991,"slug":992,"category":180,"order":993},"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":995,"slug":996,"category":180,"order":997},"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":999,"slug":1000,"category":180,"order":1001},"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":1003,"slug":1004,"category":180,"order":1005},"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":1007,"slug":1008,"category":180,"order":1009},"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":1011,"slug":1012,"category":180,"order":1013},"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":1015,"slug":1016,"category":180,"order":1017},"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":1019,"slug":1020,"category":180,"order":1021},"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":1023,"slug":1024,"category":180,"order":1025},"巴菲特：2015年对话IVEY 商学院学生","ba-fei-te-2015nian-dui-hua-ivey-shang-xue-yuan-xue-sheng",114,{"title":1027,"slug":1028,"category":180,"order":1029},"巴菲特：2015年扩大所得税抵免比提高最低工资更好","ba-fei-te-2015nian-kuo-da-suo-de-shui-di-mian-bi-ti-gao-zui-di-gong-zi-geng-hao",115,{"title":1031,"slug":1032,"category":180,"order":1033},"亚利桑那州立大学雷鸟全球领导力教授杰夫·坎宁安采访沃伦·巴菲特（2015年）","ba-fei-te-2015nian-jie-shou-ya-li-sang-na-zhou-li-da-xue-ling-dao-li-jiao-shou-jie-fu-kan-ning-an-de-zhuan-fang-shi-lu",116,{"title":1035,"slug":1036,"category":180,"order":1037},"巴菲特：2015年追忆唐基奥","ba-fei-te-2015nian-zhui-yi-tang-ji-ao",117,{"title":1039,"slug":1040,"category":180,"order":1041},"巴菲特：2015慈善承诺倡议","ba-fei-te-2015ci-shan-cheng-nuo-chang-yi",118,{"title":1043,"slug":1044,"category":180,"order":1045},"巴菲特：2016年对话八所商学院学生2016","ba-fei-te-2016nian-dui-hua-ba-suo-shang-xue-yuan-xue-sheng-2016",119,{"title":1047,"slug":1048,"category":180,"order":1049},"标题：《巴菲特：2017 年哥伦比亚大学高校面谈——人生最美好的事是什么？》","ba-fei-te-2017-nian-ge-lun-bi-ya-da-xue-gao-xiao-mian-tan-ren-sheng-zui-mei-hao-de-shi-shi-shi-me",120,{"title":1051,"slug":1052,"category":180,"order":1053},"巴菲特：2017年对话北京大学学生：最好的投资是投资自己","ba-fei-te-2017nian-dui-hua-bei-jing-da-xue-xue-sheng-zui-hao-de-tou-zi-shi-tou-zi-zi-ji",121,{"title":1055,"slug":1056,"category":180,"order":1057},"巴菲特：2017年接受CNBC采访","ba-fei-te-2017nian-jie-shou-cnbccai-fang",122,{"title":1059,"slug":1060,"category":180,"order":1061},"巴菲特：2017年接受PBS NEWS专访","ba-fei-te-2017nian-jie-shou-pbs-newszhuan-fang",123,{"title":1063,"slug":1064,"category":180,"order":1065},"巴菲特：2017年查理·罗斯访谈：比尔·盖茨与沃伦·巴菲特","ba-fei-te-2017nian-cha-li-luo-si-fang-tan-bi-er-gai-ci-yu-wo-lun-ba-fei-te",124,{"title":1067,"slug":1068,"category":180,"order":1069},"巴菲特：2017年美国的未来","ba-fei-te-2017nian-mei-guo-de-wei-lai",125,{"title":1071,"slug":1072,"category":180,"order":1073},"巴菲特：2018年再度邀请北大光华学子共进午餐问答全记录","ba-fei-te-2018nian-zai-du-yao-qing-bei-da-guang-hua-xue-zi-gong-jin-wu-can-wen-da-quan-ji-lu",126,{"title":1075,"slug":1076,"category":180,"order":1077},"巴菲特：2018年时代周刊-分享美国财富的秘密","ba-fei-te-2018nian-shi-dai-zhou-kan-fen-xiang-mei-guo-cai-fu-de-mi-mi",127,{"title":1079,"slug":1080,"category":180,"order":1081},"巴菲特：2019年5月雅虎财经专访","ba-fei-te-2019nian-5yue-ya-hu-cai-jing-zhuan-fang",128,{"title":1083,"slug":1084,"category":180,"order":1085},"巴菲特：2019年与芒格及比尔盖茨接受CNBC采访","ba-fei-te-2019nian-yu-mang-ge-ji-bi-er-gai-ci-jie-shou-cnbccai-fang",129,{"title":1087,"slug":1088,"category":180,"order":1089},"巴菲特：2020年接受CNBC专访","ba-fei-te-2020nian-jie-shou-cnbczhuan-fang",130,{"title":1091,"slug":1092,"category":180,"order":1093},"巴菲特：2020年给内布拉斯加大学林肯分校2020届毕业生的建议","ba-fei-te-2020nian-gei-nei-bu-la-si-jia-da-xue-lin-ken-fen-xiao-2020jie-bi-ye-sheng-de-jian-yi",131,{"title":1095,"slug":1096,"category":180,"order":1097},"巴菲特：2021年专访《成为巴菲特》","ba-fei-te-2021nian-zhuan-fang-cheng-wei-ba-fei-te",132,{"title":1099,"slug":1100,"category":180,"order":1101},"巴菲特：2021年巴菲特芒格接受CNBC专访","ba-fei-te-2021nian-ba-fei-te-mang-ge-jie-shou-cnbczhuan-fang",133,{"title":1103,"slug":1104,"category":180,"order":1105},"巴菲特：2021年让观众无言以对 !有史以来最鼓舞人心的演讲之一","ba-fei-te-2021nian-rang-guan-zhong-wu-yan-yi-dui-you-shi-yi-lai-zui-gu-wu-ren-xin-de-yan-jiang-zhi-yi",134,{"title":1107,"slug":1108,"category":180,"order":1109},"巴菲特：2021年采访《沃伦·巴菲特的投资策略：如何像传奇一样生活和投资（完整访谈）》","ba-fei-te-2021nian-cai-fang-wo-lun-ba-fei-te-de-tou-zi-ce-lue-ru-he-xiang-chuan-qi-yi-yang-sheng-huo-he-tou-zi-wan-zheng-fang-tan",135,{"title":1111,"slug":1112,"category":180,"order":1113},"巴菲特：2022年32 届年度格雷厄姆和多德早餐会","ba-fei-te-2022nian-32-jie-nian-du-ge-lei-e-mu-he-duo-de-zao-can-hui",136,{"title":1115,"slug":1116,"category":180,"order":1117},"巴菲特：2022年和查理罗斯对谈","ba-fei-te-2022nian-he-cha-li-luo-si-dui-tan",137,{"title":1119,"slug":1120,"category":180,"order":1121},"巴菲特：2023年 查理芒格：伯克希尔的总设计师","ba-fei-te-2023nian-cha-li-mang-ge-bo-ke-xi-er-de-zong-she-ji-shi",138,{"title":1123,"slug":1124,"category":180,"order":1125},"巴菲特：初学者如何投资--3 条简单的规则","ba-fei-te-2023nian-chu-xue-zhe-ru-he-tou-zi-3-tiao-jian-dan-de-gui-ze",139,{"title":1127,"slug":1128,"category":180,"order":1129},"巴菲特：2023年接受CNBC专访","ba-fei-te-2023nian-jie-shou-cnbczhuan-fang",140,{"title":1131,"slug":1132,"category":180,"order":1133},"巴菲特：每个投资者都会犯的 10 个错误","ba-fei-te-2023nian-mei-ge-tou-zi-zhe-du-hui-fan-de-10-ge-cuo-wu",141,{"title":1135,"slug":1136,"category":180,"order":1137},"巴菲特：2025年接受cbs采访","ba-fei-te-2025nian-jie-shou-cbscai-fang",142,{"title":1139,"slug":1140,"category":180,"order":1141},"2026伯克希尔股东大会 CNBC专访巴菲特（完整纯中文）","2026bo-ke-xi-er-gu-dong-da-hui-cnbczhuan-fang-ba-fei-te",143,{"title":1143,"slug":1144,"category":180,"order":1145},"巴菲特：2026年最新采访 CNBC《财经论谈》","ba-fei-te-2026nian-zui-xin-cai-fang-cnbc-cai-jing-lun-tan",144,{"title":1147,"slug":1148,"category":180,"order":1149},"伯克希尔50 周年：过去、现在和未来","bo-ke-xi-er-50-zhou-nian-guo-qu-xian-zai-he-wei-lai",145,{"title":1151,"slug":1152,"category":180,"order":1153},"巴菲特72条投资经典语录","ba-fei-te-72tiao-tou-zi-jing-dian-yu-lu",146,{"title":1155,"slug":1156,"category":180,"order":1157},"巴菲特：你应该了解珠宝生意","ba-fei-te-ni-ying-gai-liao-jie-zhu-bao-sheng-yi",147,{"title":1159,"slug":1160,"category":180,"order":1161},"巴菲特：如何建立能力圈","ba-fei-te-ru-he-jian-li-neng-li-quan",148,{"title":1163,"slug":1164,"category":180,"order":1165},"巴菲特：巴菲特估值逻辑","ba-fei-te-ba-fei-te-gu-zhi-luo-ji",149,{"title":1167,"slug":1168,"category":180,"order":1169},"康布斯：在普通股中寻找价值","kang-bu-si-zai-pu-tong-gu-zhong-xun-zhao-jie-zhi",150,{"title":1171,"slug":1172,"category":180,"order":1173},"考夫曼：Glenair 企业文化","kao-fu-man-glenair-qi-ye-wen-hua",151,[1175,1179,1182,1185,1188,1191,1194,1197,1200,1204,1208,1211,1214,1217,1220,1223,1226,1229,1232,1235,1238,1241,1244,1247,1250,1254,1257,1260,1263,1266,1269,1272,1275,1278,1281,1285,1288,1291,1294,1297,1300,1303,1306,1310,1313,1316,1319,1322,1325,1328,1331,1334,1337,1340,1343,1346,1349,1352,1355,1358,1361,1364,1367,1370,1373,1376,1379,1382,1385,1388,1391,1396,1400,1404,1408,1412,1416,1420,1424,1428,1432,1436,1440,1444,1448,1452,1456,1460,1464,1468,1472],{"title":1176,"slug":1177,"category":1178,"order":176},"本分","benfen","核心哲学",{"title":1180,"slug":1181,"category":1178,"order":155},"平常心","pingchangxin",{"title":1183,"slug":1184,"category":1178,"order":197},"做对的事情","zuoduideshiqing",{"title":1186,"slug":1187,"category":1178,"order":207},"把事情做对","bashiqingzuodui",{"title":1189,"slug":1190,"category":1178,"order":217},"能力圈","nengliquan",{"title":1192,"slug":1193,"category":1178,"order":227},"不做什么","buzuoshenme",{"title":1195,"slug":1196,"category":1178,"order":237},"敢为天下后","ganweitianxiahou",{"title":1198,"slug":1199,"category":1178,"order":247},"消费者导向","xiaofeizhedaoxiang",{"title":1201,"slug":1202,"category":1203,"order":257},"价值投资","jiazhitouzi","投资理念",{"title":1205,"slug":1206,"category":1207,"order":267},"负债","fuzhai","财务指标",{"title":1209,"slug":1210,"category":1203,"order":267},"商业模式","shangyemoshi",{"title":1212,"slug":1213,"category":1203,"order":277},"护城河","huchenghe",{"title":1215,"slug":1216,"category":1207,"order":277},"净现金","jingxianjin",{"title":1218,"slug":1219,"category":1207,"order":287},"开销合理性","kaixiaohelixing",{"title":1221,"slug":1222,"category":1203,"order":287},"现金流","xianjinliu",{"title":1224,"slug":1225,"category":1207,"order":297},"真实利润","zhenshilirun",{"title":1227,"slug":1228,"category":1203,"order":297},"折现","zhexian",{"title":1230,"slug":1231,"category":1203,"order":307},"安全边际","anquanbianji",{"title":1233,"slug":1234,"category":1207,"order":307},"扣除商誉的净资产","jingzichan",{"title":1236,"slug":1237,"category":1203,"order":317},"基本面","jibenmian",{"title":1239,"slug":1240,"category":1203,"order":327},"机会成本","jihuichengben",{"title":1242,"slug":1243,"category":1203,"order":337},"长期持有","zhangqichiyou",{"title":1245,"slug":1246,"category":1203,"order":347},"投机","touji",{"title":1248,"slug":1249,"category":1203,"order":357},"止损","zhisun",{"title":1251,"slug":1252,"category":1253,"order":367},"企业文化","qiyewenhua","企业经营",{"title":1255,"slug":1256,"category":1253,"order":377},"品牌","pinpai",{"title":1258,"slug":1259,"category":1253,"order":387},"差异化","chayihua",{"title":1261,"slug":1262,"category":1253,"order":164},"用户体验","yonghutiyan",{"title":1264,"slug":1265,"category":1253,"order":404},"渠道","qudao",{"title":1267,"slug":1268,"category":1253,"order":414},"平台","pingtai",{"title":1270,"slug":1271,"category":1253,"order":424},"生态系统","shengtaixitong",{"title":1273,"slug":1274,"category":1253,"order":434},"单一产品","danyichanpin",{"title":1276,"slug":1277,"category":1253,"order":444},"造钟人","zaozhongren",{"title":1279,"slug":1280,"category":1253,"order":454},"利润之上的追求","lirunzhishangdezhuiqiu",{"title":1282,"slug":1283,"category":1284,"order":464},"进取心","jinquxin","品格与心性",{"title":1286,"slug":1287,"category":1284,"order":474},"耐心","naixin",{"title":1289,"slug":1290,"category":1284,"order":484},"责任心","zerenxin",{"title":1292,"slug":1293,"category":1284,"order":494},"爱心","aixin",{"title":1295,"slug":1296,"category":1284,"order":504},"信誉","xinyu",{"title":1298,"slug":1299,"category":1284,"order":511},"正直","zhengzhi",{"title":1301,"slug":1302,"category":1284,"order":518},"理性","lixing",{"title":1304,"slug":1305,"category":1284,"order":525},"长期主义","zhangqizhuyi",{"title":1307,"slug":1308,"category":1309,"order":966},"1999年 《都市快报》采访手记","duanyongping-1999nian-doushikuaibao-caifangshouji","访谈实录",{"title":1311,"slug":1312,"category":1309,"order":973},"1999年 步步高讲话","duanyongping-1999nian-bubugaojianghua",{"title":1314,"slug":1315,"category":1309,"order":977},"1999年做客人民大学精彩问答实录","duanyongping-1999nianzuokerenmindaxuejingcaiwendashilu",{"title":1317,"slug":1318,"category":1309,"order":981},"2000年 《销售与市场》杂志专访","duanyongping-2000nian-xiaoshouyushichang-zazhizhuanfang",{"title":1320,"slug":1321,"category":1309,"order":985},"2000年在央视“品牌与传播国际论坛”上的演讲","duanyongping-2000nianzaiyangshi-pinpaiyuchuanboguojiluntan-shangdeyanjiang",{"title":1323,"slug":1324,"category":1309,"order":989},"2000追逐世界的节奏 —— 《经营者》杂志2000年，步步高总经理访谈记录","duanyongping-2000zhuizhushijiedejiezou-jingyingzhe-zazhi2000nian-bubugaozongjing",{"title":1326,"slug":1327,"category":1309,"order":993},"2001《经营天下：高峰论坛 之 段永平》—— 2001年末中国20位行业巨头面对面访谈录","duanyongping-2001-jingyingtianxia-gaofengluntan-zhi-duanyongping-2001nianmozhong",{"title":1329,"slug":1330,"category":1309,"order":997},"2001年 我为什么要去读书？ —— 《读者》2001年11月刊","duanyongping-2001nian-woweishenmeyaoqudushu-duzhe-2001nian11yuekan",{"title":1332,"slug":1333,"category":1309,"order":1001},"2001年《世界经理人文摘》专访","duanyongping-2001nian-shijiejinglirenwenzhai-zhuanfang",{"title":1335,"slug":1336,"category":1309,"order":1005},"2002年 CCTV2经济频道《卖点》栏目采访：投影机能否走进家庭？","duanyongping-2002nian-cctv2jingjipindao-maidian-lanmucaifang-touyingjinengfouzou",{"title":1338,"slug":1339,"category":1309,"order":1009},"2003年北京大学总裁班演讲座谈会全程实录","duanyongping-2003nianbeijingdaxuezongcaibanyanjiangzuotanhuiquanchengshilu",{"title":1341,"slug":1342,"category":1309,"order":1013},"2004财富人生—段永平 2004 采访","duanyongping-2004caifurensheng-duanyongping-2004-caifang",{"title":1344,"slug":1345,"category":1309,"order":1017},"2005年步步高十周年“记”念晚会：段永平发言","duanyongping-2005nianbubugaoshizhounian-ji-nianwanhui-duanyongpingfayan",{"title":1347,"slug":1348,"category":1309,"order":1021},"2006年 深度对话网易证券全程实录","duanyongping-2006nian-shenduduihuawangyizhengquanquanchengshilu",{"title":1350,"slug":1351,"category":1309,"order":1025},"2006年做客新浪财经频道聊天全实录","duanyongping-2006nianzuokexinlangcaijingpindaoliaotianquanshilu",{"title":1353,"slug":1354,"category":1309,"order":1029},"2006年浙大“实话实说”","duanyongping-2006nianzheda-shihuashishuo",{"title":1356,"slug":1357,"category":1309,"order":1033},"2007年与巴菲特共进午餐后网易专访","duanyongping-2007nianyubafeitegongjinwucanhouwangyizhuanfang",{"title":1359,"slug":1360,"category":1309,"order":1037},"2007年波士堂访谈","duanyongping-2007nianboshitangfangtan",{"title":1362,"slug":1363,"category":1309,"order":1041},"2009年 深度专访： 探讨公益人生，分享成功体会","duanyongping-2009nian-shenduzhuanfang-tantaogongyirensheng-fenxiangchenggongtihu",{"title":1365,"slug":1366,"category":1309,"order":1045},"2009年《21世纪经济报道》独家专访：我不认为巴菲特是股神（2009年）","duanyongping-2009nian-21shijijingjibaodao-dujiazhuanfang-woburenweibafeiteshigus",{"title":1368,"slug":1369,"category":1309,"order":1049},"2009浙大MBA分享：企业追求的是稳健的发展，基本功最重要","duanyongping-2009zhedambafenxiang-qiyezhuiqiudeshiwenjiandefazhan-jibengongzuizh",{"title":1371,"slug":1372,"category":1309,"order":1053},"2010年 步步高董事长段永平和人大校长纪宝成记者会实录","duanyongping-2010nian-bubugaodongshizhangduanyongpingherendaxiaozhangjibaochengj",{"title":1374,"slug":1375,"category":1309,"order":1057},"2011年买入苹果思考","duanyongping-2011nianmairupingguosikao",{"title":1377,"slug":1378,"category":1309,"order":1061},"2013年浙大演讲","duanyongping-2013nianzhedayanjiang",{"title":1380,"slug":1381,"category":1309,"order":1065},"2016年浙大60周年专访","duanyongping-2016nianzheda60zhounianzhuanfang",{"title":1383,"slug":1384,"category":1309,"order":1069},"2025年浙江大学演讲及问答完整版","duanyongping-2025nianzhejiangdaxueyanjiangjiwendawanzhengban",{"title":1386,"slug":1387,"category":1309,"order":1073},"2025年谈躺平与内卷、与王石交流子女教育","duanyongping-2025niantantangpingyuneijuan-yuwangshijiaoliuzinvjiaoyu",{"title":1389,"slug":1390,"category":1309,"order":1077},"2025年： 方三文对话段永平：做自己能够喜欢的事情很重要","duanyongping-2025nian-fangsanwenduihuaduanyongping-zuozijinenggouxihuandeshiqing",{"title":1392,"slug":1393,"category":1394,"order":1395},"问答录：第一章 投资大道","dadaotouziwendalu-diyizhangtouzidadao","投资问答录",200,{"title":1397,"slug":1398,"category":1394,"order":1399},"问答录：第二章 商业模式和企业文化","dadaotouziwendalu-dierzhangshangyemoshiheqiyewenhua",201,{"title":1401,"slug":1402,"category":1394,"order":1403},"问答录：第三章 公司点评","dadaotouziwendalu-disanzhanggongsidianping",202,{"title":1405,"slug":1406,"category":1394,"order":1407},"问答录：第四章 人生箴言","dadaotouziwendalu-disizhangrenshengzhenyan",203,{"title":1409,"slug":1410,"category":1394,"order":1411},"问答录：第五章 演讲与访谈","dadaotouziwendalu-diwuzhangyanjiangyufangtan",204,{"title":1413,"slug":1414,"category":1394,"order":1415},"问答录：第六章 更新","dadaotouziwendalu-diliuzhangduzhegengxin",205,{"title":1417,"slug":1418,"category":1394,"order":1419},"商业逻辑篇：第1节：伟大企业","duanyongping-shangyeluoji-di1jie-weidaqiye",401,{"title":1421,"slug":1422,"category":1394,"order":1423},"商业逻辑篇：第2节：商业模式","duanyongping-shangyeluoji-di2jie-shangyemoshi",402,{"title":1425,"slug":1426,"category":1394,"order":1427},"商业逻辑篇：第3节：企业文化","duanyongping-shangyeluoji-di3jie-qiyewenhua",403,{"title":1429,"slug":1430,"category":1394,"order":1431},"商业逻辑篇：第4节：产品、差异化与创新","duanyongping-shangyeluoji-di4jie-chanpin-chayihua-yu-chuangxin",404,{"title":1433,"slug":1434,"category":1394,"order":1435},"商业逻辑篇：第5节：品牌、营销与广告","duanyongping-shangyeluoji-di5jie-pinpai-yingxiao-yu-guanggao",405,{"title":1437,"slug":1438,"category":1394,"order":1439},"商业逻辑篇：第6节：收购和多元化","duanyongping-shangyeluoji-di6jie-shougouheduoyuanhua",406,{"title":1441,"slug":1442,"category":1394,"order":1443},"商业逻辑篇：第7节：Stop doing list（不为清单）","duanyongping-shangyeluoji-di7jie-stop-doing-list-buweiqingdan",407,{"title":1445,"slug":1446,"category":1394,"order":1447},"投资问答录商业逻辑篇：前言：买股票就是买公司","duanyongping-shangyeluoji-qianyan-maiqushoujiiumaishangsi",408,{"title":1449,"slug":1450,"category":1394,"order":1451},"投资逻辑篇：第1章：投资理念","duanyongping-touziluoji-di1zhang-touzilinian",410,{"title":1453,"slug":1454,"category":1394,"order":1455},"投资逻辑篇：第2章：投资理解","duanyongping-touziluoji-di2jie-touzilijie",411,{"title":1457,"slug":1458,"category":1394,"order":1459},"投资问答录：第3章 golf和投资","duanyongping-touziluoji-di3zhang-golfhetouzi",412,{"title":1461,"slug":1462,"category":1394,"order":1463},"投资逻辑篇：第4章 财务理解","duanyongping-touziwendalu-touziluoji-di4zhang-caiwulijie",413,{"title":1465,"slug":1466,"category":1394,"order":1467},"投资逻辑篇：第5章：估值逻辑","duanyongping-touziluoji-di5zhang-guzhiluoji",414,{"title":1469,"slug":1470,"category":1394,"order":1471},"投资逻辑篇：第6章 投资方法论","duanyongping-touziluoji-di6zhang-touzifangfalun",415,{"title":1473,"slug":1474,"category":1394,"order":1475},"投资逻辑篇：第7章：案例分析","duanyongping-touziluoji-di7zhang-anlifenxi",416,[1477,1480,1483,1486,1490,1494,1497,1501,1503,1506,1509,1512,1516,1519,1522,1525,1528,1532,1535,1538,1541,1544,1548,1551,1554,1556,1559,1562,1565,1568,1571,1574,1577,1580,1583,1586,1589,1592,1595,1598,1601,1604,1607,1610,1613,1616,1619,1622,1625,1628,1631,1634,1637,1640,1643,1646,1649,1652,1655,1658,1661,1664,1667,1670,1673,1676,1680,1683,1686,1689,1692,1696,1699,1702,1705],{"title":1189,"slug":1478,"category":1479,"order":176},"ability-circle","决策与战略",{"title":1481,"slug":1482,"category":1479,"order":155},"逆向思维","inversion",{"title":1239,"slug":1484,"category":1485,"order":197},"opportunity-cost","经济学",{"title":1487,"slug":1488,"category":1489,"order":207},"复利","compound-interest","数学与概率论",{"title":1491,"slug":1492,"category":1493,"order":217},"激励机制","incentives","心理学",{"title":1495,"slug":1496,"category":1489,"order":227},"概率思维","probabilistic-thinking",{"title":1498,"slug":1499,"category":1500,"order":237},"二阶效应","second-order-effects","哲学与逻辑",{"title":1230,"slug":1502,"category":1479,"order":247},"margin-of-safety",{"title":1504,"slug":1505,"category":1493,"order":257},"心理误判","psychology-of-misjudgment",{"title":1507,"slug":1508,"category":1479,"order":267},"检查清单","checklist",{"title":1510,"slug":1511,"category":1485,"order":277},"规模优势","scale-advantage",{"title":1513,"slug":1514,"category":1515,"order":287},"冗余与容错","redundancy","工程学\u002F系统",{"title":1517,"slug":1518,"category":1489,"order":297},"排列组合","combinatorics",{"title":1520,"slug":1521,"category":1489,"order":307},"费马-帕斯卡","fermat-pascal",{"title":1523,"slug":1524,"category":1489,"order":317},"均值回归","regression-to-the-mean",{"title":1526,"slug":1527,"category":1489,"order":327},"量化分析","quantitative-analysis",{"title":1529,"slug":1530,"category":1531,"order":337},"临界点\u002F相变","critical-point-phase-transition","物理学",{"title":1533,"slug":1534,"category":1531,"order":347},"平衡态","equilibrium",{"title":1536,"slug":1537,"category":1531,"order":357},"熵增定律","entropy",{"title":1539,"slug":1540,"category":1531,"order":367},"能量守恒","conservation-of-energy",{"title":1542,"slug":1543,"category":1531,"order":377},"杠杆原理","leverage",{"title":1545,"slug":1546,"category":1547,"order":387},"自然选择","natural-selection","生物学\u002F进化论",{"title":1549,"slug":1550,"category":1547,"order":164},"物竞天择","competition-for-resources",{"title":1552,"slug":1553,"category":1547,"order":404},"进化思维","evolutionary-thinking",{"title":1270,"slug":1555,"category":1547,"order":414},"ecosystem",{"title":1557,"slug":1558,"category":1493,"order":424},"爱好倾向","liking-tendency",{"title":1560,"slug":1561,"category":1493,"order":434},"讨厌倾向","disliking-tendency",{"title":1563,"slug":1564,"category":1493,"order":444},"避免怀疑倾向","doubt-avoidance-tendency",{"title":1566,"slug":1567,"category":1493,"order":454},"一致性倾向","consistency-tendency",{"title":1569,"slug":1570,"category":1493,"order":464},"好奇心倾向","curiosity-tendency",{"title":1572,"slug":1573,"category":1493,"order":474},"康德式公平","kantian-fairness",{"title":1575,"slug":1576,"category":1493,"order":484},"艳羡\u002F妒忌倾向","envy-jealousy-tendency",{"title":1578,"slug":1579,"category":1493,"order":494},"反馈倾向","reciprocation-tendency",{"title":1581,"slug":1582,"category":1493,"order":504},"权威误导","authority-misinfluence",{"title":1584,"slug":1585,"category":1493,"order":511},"重视理由","reason-respecting-tendency",{"title":1587,"slug":1588,"category":1493,"order":518},"过度乐观","over-optimism",{"title":1590,"slug":1591,"category":1493,"order":525},"损失厌恶","loss-aversion",{"title":1593,"slug":1594,"category":1493,"order":532},"否认倾向","denial-tendency",{"title":1596,"slug":1597,"category":1493,"order":539},"过度反应","overreaction-tendency",{"title":1599,"slug":1600,"category":1493,"order":546},"社群影响","social-influence",{"title":1602,"slug":1603,"category":1493,"order":553},"压力倾向","stress-influence-tendency",{"title":1605,"slug":1606,"category":1493,"order":560},"物质主义","materialism-tendency",{"title":1608,"slug":1609,"category":1493,"order":567},"废话倾向","twaddle-tendency",{"title":1611,"slug":1612,"category":1493,"order":574},"确认偏误","confirmation-bias",{"title":1614,"slug":1615,"category":1493,"order":581},"锚定效应","anchoring-effect",{"title":1617,"slug":1618,"category":1493,"order":588},"现时偏差","present-bias",{"title":1620,"slug":1621,"category":1493,"order":595},"贪婪倾向","greed-tendency",{"title":1623,"slug":1624,"category":1485,"order":602},"边际成本\u002F收益","marginal-cost-benefit",{"title":1626,"slug":1627,"category":1485,"order":609},"供需关系","supply-and-demand",{"title":1629,"slug":1630,"category":1485,"order":616},"帕累托最优","pareto-optimality",{"title":1632,"slug":1633,"category":1485,"order":623},"竞争性毁灭","creative-destruction",{"title":1635,"slug":1636,"category":1479,"order":630},"双轨分析","two-track-analysis",{"title":1638,"slug":1639,"category":1479,"order":637},"非线性思维","nonlinear-thinking",{"title":1641,"slug":1642,"category":1479,"order":644},"极化思考","extreme-thinking",{"title":1644,"slug":1645,"category":1479,"order":651},"必要功","necessary-work",{"title":1647,"slug":1648,"category":1515,"order":658},"停机问题","halting-problem",{"title":1650,"slug":1651,"category":1515,"order":665},"闭环系统","closed-loop-system",{"title":1653,"slug":1654,"category":1515,"order":672},"故障安全","fail-safe",{"title":1656,"slug":1657,"category":1515,"order":679},"反向设计","reverse-design",{"title":1659,"slug":1660,"category":1515,"order":686},"瓶颈分析","bottleneck-analysis",{"title":1662,"slug":1663,"category":1500,"order":693},"第一性原理","first-principles",{"title":1665,"slug":1666,"category":1500,"order":700},"证伪思维","falsification",{"title":1668,"slug":1669,"category":1500,"order":707},"奥卡姆剃刀","occams-razor",{"title":1671,"slug":1672,"category":1500,"order":714},"中道思维","middle-way",{"title":1674,"slug":1675,"category":1500,"order":721},"不可知论","agnosticism",{"title":1677,"slug":1678,"category":1679,"order":728},"大数定律","law-of-large-numbers","统计学",{"title":1681,"slug":1682,"category":1679,"order":735},"样本偏差","sample-bias",{"title":1684,"slug":1685,"category":1679,"order":742},"相关性≠因果","correlation-not-causation",{"title":1687,"slug":1688,"category":1679,"order":749},"幸存者偏差","survivorship-bias",{"title":1690,"slug":1691,"category":1679,"order":756},"基本比率","base-rate",{"title":1693,"slug":1694,"category":1695,"order":763},"社会认同","social-proof","社会学",{"title":1697,"slug":1698,"category":1695,"order":770},"部落本能","tribal-instinct",{"title":1700,"slug":1701,"category":1695,"order":777},"金蛋定律","golden-egg-rule",{"title":1703,"slug":1704,"category":1695,"order":784},"互利共生","mutualism",{"title":1706,"slug":1707,"category":1695,"order":791},"激励传导","incentive-transmission",1778147263844]