[{"data":1,"prerenderedAt":1684},["ShallowReactive",2],{"library-2026bo-ke-xi-er-gu-dong-da-hui-cnbczhuan-fang-ba-fei-te":3,"library-sidebar-buffett":148,"library-sidebar-dao":1150,"library-sidebar-models":1452},{"id":4,"title":5,"body":6,"category":134,"date":135,"description":136,"extension":137,"meta":138,"navigation":139,"order":140,"path":141,"seo":142,"seoDescription":136,"seoTitle":143,"slug":144,"stem":145,"__hash__":146,"_collection":147},"buffett\u002Fbuffett\u002Finterview\u002Fba-fei-te-2026bo-ke-xi-er-gu-dong-da-hui-cnbczhuan-fang-ba-fei-te.md","2026伯克希尔股东大会 CNBC专访巴菲特（完整纯中文）",{"type":7,"value":8,"toc":129},"minimark",[9,13,17,21,24,27,30,33,36,39,42,45,48,51,54,57,60,63,66,69,72,75,78,81,84,87,90,93,96,99,102,105,108,111,114,117,120,123,126],[10,11,5],"h1",{"id":12},"_2026伯克希尔股东大会-cnbc专访巴菲特完整纯中文",[14,15,16],"h2",{"id":16},"访谈正文",[18,19,20],"p",{},"贝基·奎克：我们此刻正和伯克希尔·哈撒韦董事长沃伦·巴菲特坐在一起。60年来，这是他第一次坐在观众席，而非站上主舞台参与股东大会。沃伦，去年这个时候，你突然宣布卸任首席执行官，震惊了所有人。一晃一年过去，如今此情此景，你作何感想？",[18,22,23],{},"巴菲特：整体运转得非常顺利。坦白说，目前的市场环境并不适合伯克希尔大规模投放现金，但我们已经搭建好了合适的管理团队与治理架构。我们可以自主择机行事，没人能对我们指手画脚。所以很多时候我们选择按兵不动，而时机来临时，也会果断出手。",[18,25,26],{},"贝基·奎克：阿吉特今天在台上也提到，做保险承保业务的核心原则之一，就是该收手时就收手。这和你一直秉持的投资理念如出一辙。",[18,28,29],{},"巴菲特：完全没错。市面上永远有人不断给你推荐各种投资机会。关键是，只选你看得懂、逻辑通顺的标的即可。即便还有二十个看似不错但你看不懂的机会，也直接忽略就好。",[18,31,32],{},"贝基·奎克：你说当下市场环境并不理想，想必也是因为公司手握近4000亿美元现金。格雷格也特意说明，实际可用现金约3800亿美元。账上躺着巨额现金，你也仍在亲自打理投资组合、研究个股，但环顾市场，却很难找到值得下手的标的。",[18,34,35],{},"巴菲特：那我们就什么都不做。我入行投资整整60年，真正遍地是黄金、机会极佳的年份，大概也就五年。IBM创始人老汤姆·沃森曾被问及企业成功的秘诀，他说：坚守自己的能力圈，深耕熟悉的领域，仅此而已。IBM当年涉足三大业务，其中两项最终都走下坡路，最后只专注守住了最核心的那一项。",[18,37,38],{},"贝基·奎克：放眼当下，是不是单纯因为资产估值太高了？",[18,40,41],{},"巴菲特：没错。",[18,43,44],{},"贝基·奎克：格雷格在台上也说过，有很多生意你其实很看好，只是不看好现在的价格。",[18,46,47],{},"巴菲特：我能看懂的生意，在全部市场里所占的比例，比十年前更少了。我已经很多年没有去学习新行业了，我也不会自欺欺人。我不可能再去掌握那些新领域，也比不过那些从小接触、使用相关产品的年轻人。但其实不用懂太多，像苹果这样的公司，看懂就够了。",[18,49,50],{},"贝基·奎克：我们从宏观视角聊聊吧，这部分格雷格可能不会过多评价。你如何看待当前的股市整体环境？市场是不是太贵了？是否还存在一些机会？",[18,52,53],{},"巴菲特：我一直把市场比作一个连着赌场的教堂。人们可以在教堂和赌场之间来回穿梭。现在赌场对人们的吸引力变得太大了。如果有人去买卖单日期权，这根本 不是投资，也不是投机，这就是纯粹的赌博。没人能解释为什么要买单日期权，除非有内幕消息。这类交易的规模大得惊人，现在市场的投机氛围比以往任何时候都浓。但这并不意味着投资没有机会，只是大量资产的价格会显得非常荒谬。我们现在的监管比过去多得多，但人们总在琢磨怎么绕开规则，而不是遵守规则。",[18,55,56],{},"贝基·奎克：你自己也说过，60年投资生涯里，真正好的年份也就五年左右。这意味着你一直在等待下一个好机会。你觉得什么样的环境才算好机会？",[18,58,59],{},"巴菲特：很多时候，一个电话、一封邮件机会就来了。我们去年就收到一封信，收购了一家公司，虽然规模不算特别大。我们体量足够大，能承接任何交易，决策速度比任何人都快，而且我们言出必行。现在市面上的钱比以往任何时候都多。",[18,61,62],{},"贝基·奎克：最好的机会是不是往往出现在市场恐慌、宏观环境出问题的时候？",[18,64,65],{},"巴菲特：没错。最佳买入时机，就是别人都不接电话的时候。平时大家都吹嘘自己的交易部门多厉害，可一旦市场崩盘，他们要么不接电话，要么报价随时变动、价差极大，甚至会利用你透露的意图反过来对付你。那种感觉就像走进屠宰场。",[18,67,68],{},"贝基·奎克：那你觉得现在是否正在酝酿类似的恐慌行情？",[18,70,71],{},"巴菲特：如果大家都能预见，那就不会发生了。真正的风险都是突如其来的。比如1914年斐迪南大公遇刺引发一战，就是典型的黑天鹅。大家天天讨论的风险，通常都不会发生。但未知的风险一定会来，甚至包括核武器这类极端威胁。我不喜欢跟别人传递这种焦虑，意识到风险存在即可，没必要过度担忧，更不要四处宣扬末日将至。",[18,73,74],{},"贝基·奎克：我们聊聊通胀吧，通胀上升是当前的一个重要问题。伯克希尔旗下的企业如何应对通胀？",[18,76,77],{},"巴菲特：我们应对不了恶性通胀。二战后，很多国家都经历过恶性通胀，一旦发生，整个经济逻辑都会改变。德国一战后就经历过，还有很多国家先后破产六七次。当前的通胀并不算极端，大概在3%以上，远低于疫情期间8%—9%的水平。但油价上涨带来的输入性通胀仍有影响。在沃尔克之前，市场曾出现“现金就是垃圾”的局面，人们对货币失去信心，盲目借贷，最终导致大量农场主破产。货币信用崩塌对一个国家的伤害是毁灭性的。我一直希望美国不会走到那一步，但我们也不能完全幸免。",[18,79,80],{},"贝基·奎克：你一直支持美联储主席鲍威尔。他刚刚开完最后一次FOMC会议，并表示会继续留任美联储。",[18,82,83],{},"巴菲特：他在任，我会更安心。就像当年沃尔克在任时一样。经济学家并不擅长预测未知，比如保罗·萨缪尔森那本用了25年的经典教材，就完全没有提及零利率这种关键现象。真正造成破坏的，永远是你没预料到的事。",[18,85,86],{},"贝基·奎克：我们聊聊你持仓公司的CEO吧。你称赞苹果的蒂姆·库克做得非常出色。",[18,88,89],{},"巴菲特：他极其优秀。",[18,91,92],{},"贝基·奎克：不止库克，可口可乐的詹姆斯·昆西卸任，安盛的维基·哈利伯也宣布退休。这些核心持仓都在换CEO，这会带来问题吗？",[18,94,95],{},"巴菲特：好公司反而更容易在管理层更迭时出问题，因为业务太稳，错误决策能掩盖很久。库克从一开始就非常出色。我们大部分经理人能处理好日常问题，但应对颠覆性风险，是我，现在是格雷格的职责。",[18,97,98],{},"贝基·奎克：你对这些持仓依然有信心吗？见过新任CEO吗？",[18,100,101],{},"巴菲特：我连老CEO都没见过几个。选人本身就容易出错，就像婚姻一样，离婚率那么高，说明判断人本来就很难。婚前婚后表现不一样，大家刚结婚一个月时，几乎都会觉得和预期有差距。",[18,103,104],{},"贝基·奎克：我们聊聊AI深度伪造。股东大会开场出现的“假巴菲特”做得很逼真。你一直很担心深度伪造带来的风险。",[18,106,107],{},"巴菲特：我确实很担心。最可怕的是伪造国家领导人讲话，就像当年奥逊·威尔斯的《世界大战》广播剧引发全民恐慌一样。现在有九个左右的国家拥有核武器，新技术带来的未知风险更大，我们完全没有应对经验。",[18,109,110],{},"贝基·奎克：回到伯克希尔本身。你之前跟我聊过格雷格·阿贝尔，说他人很好，但你选他不是因为人好，那是因为什么？",[18,112,113],{},"巴菲特：他对商业的判断力极强。顺带一提，他很快就要正式加入美国国籍了。他很认真地在学习相关知识，连他小儿子都能帮他复习。我妻子当年入籍时也是这样，人们成为美国公民时的那种自豪感很真切。美国有它独特的魅力，200多年来一直吸引着全世界的人，我活了95岁，亲眼见证了这一点。格雷格对入籍这件事很看重，这让我很欣赏。",[18,115,116],{},"贝基·奎克：今年是美国建国250周年，你亲历了其中95年。你觉得美国的独特优势能延续吗？",[18,118,119],{},"巴菲特：美国确实有它的“秘方”，我也说不清具体是什么，但只要可以选择，绝大多数人都会愿意出生在美国。它不完美，分配机制很不公平，也吸引过形形色色的人，但它确实运转得很好。我们当然可以做得更好。",[18,121,122],{},"贝基·奎克：现场有数千位跟随你几十年的股东和伙伴，你有什么话想对他们说？",[18,124,125],{},"巴菲特：我给他们的第一条准则，就是践行黄金法则：你希望别人怎么对待你，你就怎么对待别人。我不算虔诚的信徒，但两千多年来，没有比这更朴素有效的道理了。如果全世界都遵守这条法则，社会会美好得多。它适用于父母、老板、所有人，零成本，却能让你收获善意。我从没见过遵守这个原则的人会不快乐。",[18,127,128],{},"贝基·奎克：沃伦，非常感谢你今天接受采访。伯克希尔·哈撒韦董事长沃伦·巴菲特。格雷格·阿贝尔很快将登上主舞台，敬请关注。",{"title":130,"searchDepth":131,"depth":131,"links":132},"",2,[133],{"id":16,"depth":131,"text":16},"访谈与文章",null,"2026年巴菲特首次坐在伯克希尔股东大会观众席而非主舞台，接受CNBC专访，回顾过去一年、谈论继任者格雷格·阿贝尔的表现。","md",{},true,143,"\u002Fbuffett\u002Finterview\u002Fba-fei-te-2026bo-ke-xi-er-gu-dong-da-hui-cnbczhuan-fang-ba-fei-te",{"title":5,"description":136},"2026伯克希尔股东大会 CNBC专访巴菲特（完整纯中文）｜巴菲特","2026bo-ke-xi-er-gu-dong-da-hui-cnbczhuan-fang-ba-fei-te","buffett\u002Finterview\u002Fba-fei-te-2026bo-ke-xi-er-gu-dong-da-hui-cnbczhuan-fang-ba-fei-te","pW5ULiZdIYXmaLBOyUXBFGJs7BdDFcToH8--mxybkJE","buffett",[149,154,157,161,164,167,170,174,177,180,184,187,190,194,197,200,204,207,210,214,217,220,224,227,230,234,237,240,244,247,250,254,257,260,264,267,270,274,277,280,284,287,290,294,297,300,304,307,310,314,317,320,324,327,330,334,337,340,344,347,350,354,357,360,364,367,370,374,377,380,384,387,390,394,397,400,404,407,410,414,417,420,424,427,430,434,437,440,444,447,450,454,457,460,464,467,470,474,477,480,484,487,491,494,498,501,505,508,512,515,519,522,526,529,533,536,540,543,547,550,554,557,561,564,568,571,575,578,582,585,589,592,596,599,603,606,610,613,617,620,624,627,631,634,638,641,645,648,652,655,659,662,666,669,673,676,680,683,687,690,694,697,701,704,708,711,715,718,722,725,729,732,736,739,743,746,750,753,757,760,764,767,771,774,778,781,785,788,792,795,799,802,806,809,813,816,820,823,827,830,834,837,841,844,848,851,855,858,862,865,869,872,876,879,883,886,890,893,897,900,904,907,911,914,918,921,925,928,932,935,939,942,946,949,953,957,961,965,969,973,977,981,985,989,993,997,1001,1005,1009,1013,1017,1021,1025,1029,1033,1037,1041,1045,1049,1053,1057,1061,1065,1069,1073,1077,1081,1085,1089,1093,1097,1101,1105,1109,1113,1117,1118,1122,1126,1130,1134,1138,1142,1146],{"title":150,"slug":151,"category":152,"order":153},"1956 有限合伙协议","1956-you-xian-he-huo-xie-yi","致股东信",1,{"title":155,"slug":156,"category":134,"order":153},"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":158,"slug":159,"category":160,"order":153},"1994年伯克希尔股东大会","1994nian-bo-ke-xi-er-gu-dong-da-hui","股东大会",{"title":162,"slug":163,"category":152,"order":131},"1957 巴菲特致合伙人信","1957-ba-fei-te-zhi-he-huo-ren-xin",{"title":165,"slug":166,"category":134,"order":131},"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":168,"slug":169,"category":160,"order":131},"1995年伯克希尔股东大会","1995nian-bo-ke-xi-er-gu-dong-da-hui",{"title":171,"slug":172,"category":152,"order":173},"1958 巴菲特致合伙人信","1958-ba-fei-te-zhi-he-huo-ren-xin",3,{"title":175,"slug":176,"category":134,"order":173},"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":178,"slug":179,"category":160,"order":173},"1996年伯克希尔股东大会","1996nian-bo-ke-xi-er-gu-dong-da-hui",{"title":181,"slug":182,"category":152,"order":183},"1959 巴菲特致合伙人信","1959-ba-fei-te-zhi-he-huo-ren-xin",4,{"title":185,"slug":186,"category":134,"order":183},"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":188,"slug":189,"category":160,"order":183},"1997年伯克希尔股东大会","1997nian-bo-ke-xi-er-gu-dong-da-hui",{"title":191,"slug":192,"category":152,"order":193},"1960 巴菲特致合伙人信","1960-ba-fei-te-zhi-he-huo-ren-xin",5,{"title":195,"slug":196,"category":134,"order":193},"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":198,"slug":199,"category":160,"order":193},"1998年伯克希尔股东大会","1998nian-bo-ke-xi-er-gu-dong-da-hui",{"title":201,"slug":202,"category":152,"order":203},"1961 巴菲特致合伙人信","1961-ba-fei-te-zhi-he-huo-ren-xin",6,{"title":205,"slug":206,"category":134,"order":203},"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":208,"slug":209,"category":160,"order":203},"1999年伯克希尔股东大会","1999nian-bo-ke-xi-er-gu-dong-da-hui",{"title":211,"slug":212,"category":152,"order":213},"1961年中 巴菲特致合伙人信","1961nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",7,{"title":215,"slug":216,"category":134,"order":213},"巴菲特：1976年巴菲特谈GEICO","ba-fei-te-1976nian-ba-fei-te-tan-geico",{"title":218,"slug":219,"category":160,"order":213},"2000年伯克希尔股东大会","2000nian-bo-ke-xi-er-gu-dong-da-hui",{"title":221,"slug":222,"category":152,"order":223},"1962 巴菲特致合伙人信","1962-ba-fei-te-zhi-he-huo-ren-xin",8,{"title":225,"slug":226,"category":134,"order":223},"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":228,"slug":229,"category":160,"order":223},"2001年伯克希尔股东大会","2001nian-bo-ke-xi-er-gu-dong-da-hui",{"title":231,"slug":232,"category":152,"order":233},"1962年11月 巴菲特致合伙人信","1962nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",9,{"title":235,"slug":236,"category":134,"order":233},"巴菲特：1977年谈通货膨胀","ba-fei-te-1977nian-tan-tong-huo-peng-zhang",{"title":238,"slug":239,"category":160,"order":233},"2002年伯克希尔股东大会","2002nian-bo-ke-xi-er-gu-dong-da-hui",{"title":241,"slug":242,"category":152,"order":243},"1962年12月 巴菲特致合伙人信","1962nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",10,{"title":245,"slug":246,"category":134,"order":243},"巴菲特：1979年谈股市","ba-fei-te-1979nian-tan-gu-shi",{"title":248,"slug":249,"category":160,"order":243},"2003年伯克希尔股东大会","2003nian-bo-ke-xi-er-gu-dong-da-hui",{"title":251,"slug":252,"category":152,"order":253},"1962年中 巴菲特致合伙人信","1962nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",11,{"title":255,"slug":256,"category":134,"order":253},"巴菲特：1982年谈指数期货","ba-fei-te-1982nian-tan-zhi-shu-qi-huo",{"title":258,"slug":259,"category":160,"order":253},"2004年伯克希尔股东大会","2004nian-bo-ke-xi-er-gu-dong-da-hui",{"title":261,"slug":262,"category":152,"order":263},"1963 巴菲特致合伙人信","1963-ba-fei-te-zhi-he-huo-ren-xin",12,{"title":265,"slug":266,"category":134,"order":263},"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":268,"slug":269,"category":160,"order":263},"2005年伯克希尔股东大会","2005nian-bo-ke-xi-er-gu-dong-da-hui",{"title":271,"slug":272,"category":152,"order":273},"1963年11月 巴菲特致合伙人信","1963nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",13,{"title":275,"slug":276,"category":134,"order":273},"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":278,"slug":279,"category":160,"order":273},"2006年伯克希尔股东大会","2006nian-bo-ke-xi-er-gu-dong-da-hui",{"title":281,"slug":282,"category":152,"order":283},"1963年12月 巴菲特致合伙人信","1963nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",14,{"title":285,"slug":286,"category":134,"order":283},"巴菲特：1984年哥大商学院演讲","ba-fei-te-1984nian-ge-da-shang-xue-yuan-yan-jiang",{"title":288,"slug":289,"category":160,"order":283},"2007年伯克希尔股东大会","2007nian-bo-ke-xi-er-gu-dong-da-hui",{"title":291,"slug":292,"category":152,"order":293},"1963年中 巴菲特致合伙人信","1963nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",15,{"title":295,"slug":296,"category":134,"order":293},"巴菲特：1985年谈投资","ba-fei-te-1985nian-tan-tou-zi",{"title":298,"slug":299,"category":160,"order":293},"2008年伯克希尔股东大会","2008nian-bo-ke-xi-er-gu-dong-da-hui",{"title":301,"slug":302,"category":152,"order":303},"1964 巴菲特致合伙人信","1964-ba-fei-te-zhi-he-huo-ren-xin",16,{"title":305,"slug":306,"category":134,"order":303},"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":308,"slug":309,"category":160,"order":303},"2009年伯克希尔股东大会","2009nian-bo-ke-xi-er-gu-dong-da-hui",{"title":311,"slug":312,"category":152,"order":313},"1964年中 巴菲特致合伙人信","1964nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",17,{"title":315,"slug":316,"category":134,"order":313},"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":318,"slug":319,"category":160,"order":313},"2010年伯克希尔股东大会","2010nian-bo-ke-xi-er-gu-dong-da-hui",{"title":321,"slug":322,"category":152,"order":323},"1965 巴菲特致合伙人信","1965-ba-fei-te-zhi-he-huo-ren-xin",18,{"title":325,"slug":326,"category":134,"order":323},"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":328,"slug":329,"category":160,"order":323},"2011年伯克希尔股东大会","2011nian-bo-ke-xi-er-gu-dong-da-hui",{"title":331,"slug":332,"category":152,"order":333},"1965 巴菲特致股东信","1965-ba-fei-te-zhi-gu-dong-xin",19,{"title":335,"slug":336,"category":134,"order":333},"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":338,"slug":339,"category":160,"order":333},"2012年伯克希尔股东大会","2012nian-bo-ke-xi-er-gu-dong-da-hui",{"title":341,"slug":342,"category":152,"order":343},"1965年11月 巴菲特致合伙人信","1965nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",20,{"title":345,"slug":346,"category":134,"order":343},"巴菲特：1988年谈投资","ba-fei-te-1988nian-tan-tou-zi",{"title":348,"slug":349,"category":160,"order":343},"2013年伯克希尔股东大会","2013nian-bo-ke-xi-er-gu-dong-da-hui",{"title":351,"slug":352,"category":152,"order":353},"1965年中 巴菲特致合伙人信","1965nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",21,{"title":355,"slug":356,"category":134,"order":353},"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":358,"slug":359,"category":160,"order":353},"2014年伯克希尔股东大会","2014nian-bo-ke-xi-er-gu-dong-da-hui",{"title":361,"slug":362,"category":152,"order":363},"1966 巴菲特致合伙人信","1966-ba-fei-te-zhi-he-huo-ren-xin",22,{"title":365,"slug":366,"category":134,"order":363},"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":368,"slug":369,"category":160,"order":363},"2015年伯克希尔股东大会","2015nian-bo-ke-xi-er-gu-dong-da-hui",{"title":371,"slug":372,"category":152,"order":373},"1966 巴菲特致股东信","1966-ba-fei-te-zhi-gu-dong-xin",23,{"title":375,"slug":376,"category":134,"order":373},"巴菲特：1991年圣母大学演讲","ba-fei-te-1991nian-sheng-mu-da-xue-yan-jiang",{"title":378,"slug":379,"category":160,"order":373},"2016年伯克希尔股东大会","2016nian-bo-ke-xi-er-gu-dong-da-hui",{"title":381,"slug":382,"category":152,"order":383},"1966年11月 巴菲特致合伙人信","1966nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",24,{"title":385,"slug":386,"category":134,"order":383},"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":388,"slug":389,"category":160,"order":383},"2017年伯克希尔股东大会","2017nian-bo-ke-xi-er-gu-dong-da-hui",{"title":391,"slug":392,"category":152,"order":393},"1966年中 巴菲特致合伙人信","1966nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",25,{"title":395,"slug":396,"category":134,"order":393},"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":398,"slug":399,"category":160,"order":393},"2018年伯克希尔股东大会","2018nian-bo-ke-xi-er-gu-dong-da-hui",{"title":401,"slug":402,"category":152,"order":403},"1967 巴菲特致合伙人信","1967-ba-fei-te-zhi-he-huo-ren-xin",26,{"title":405,"slug":406,"category":134,"order":403},"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":408,"slug":409,"category":160,"order":403},"2019年伯克希尔股东大会","2019nian-bo-ke-xi-er-gu-dong-da-hui",{"title":411,"slug":412,"category":152,"order":413},"1967 巴菲特致股东信","1967-ba-fei-te-zhi-gu-dong-xin",27,{"title":415,"slug":416,"category":134,"order":413},"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":418,"slug":419,"category":160,"order":413},"2020年伯克希尔股东大会","2020nian-bo-ke-xi-er-gu-dong-da-hui",{"title":421,"slug":422,"category":152,"order":423},"1967年10月 巴菲特致合伙人信","1967nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",28,{"title":425,"slug":426,"category":134,"order":423},"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":428,"slug":429,"category":160,"order":423},"2021年伯克希尔股东大会","2021nian-bo-ke-xi-er-gu-dong-da-hui",{"title":431,"slug":432,"category":152,"order":433},"1967年11月 巴菲特致合伙人信","1967nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",29,{"title":435,"slug":436,"category":134,"order":433},"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":438,"slug":439,"category":160,"order":433},"2022年伯克希尔股东大会","2022nian-bo-ke-xi-er-gu-dong-da-hui",{"title":441,"slug":442,"category":152,"order":443},"1967年中 巴菲特致合伙人信","1967nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",30,{"title":445,"slug":446,"category":134,"order":443},"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":448,"slug":449,"category":160,"order":443},"2023年伯克希尔股东大会","2023nian-bo-ke-xi-er-gu-dong-da-hui",{"title":451,"slug":452,"category":152,"order":453},"1968 巴菲特致合伙人信","1968-ba-fei-te-zhi-he-huo-ren-xin",31,{"title":455,"slug":456,"category":134,"order":453},"巴菲特：1998年华盛顿大学谈话","ba-fei-te-1998nian-hua-sheng-dun-da-xue-tan-hua",{"title":458,"slug":459,"category":160,"order":453},"2024年伯克希尔股东大会","2024nian-bo-ke-xi-er-gu-dong-da-hui",{"title":461,"slug":462,"category":152,"order":463},"1968 巴菲特致股东信","1968-ba-fei-te-zhi-gu-dong-xin",32,{"title":465,"slug":466,"category":134,"order":463},"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":468,"slug":469,"category":160,"order":463},"2025年伯克希尔股东大会","2025nian-bo-ke-xi-er-gu-dong-da-hui",{"title":471,"slug":472,"category":152,"order":473},"1968年11月 巴菲特致合伙人信","1968nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",33,{"title":475,"slug":476,"category":134,"order":473},"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":478,"slug":479,"category":160,"order":473},"2026年伯克希尔股东大会","2026nian-bo-ke-xi-er-gu-dong-da-hui",{"title":481,"slug":482,"category":152,"order":483},"1968年中 巴菲特致合伙人信","1968nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",34,{"title":485,"slug":486,"category":134,"order":483},"巴菲特：1999年巴菲特谈股市","ba-fei-te-1999nian-ba-fei-te-tan-gu-shi",{"title":488,"slug":489,"category":152,"order":490},"1969 巴菲特致股东信","1969-ba-fei-te-zhi-gu-dong-xin",35,{"title":492,"slug":493,"category":134,"order":490},"巴菲特：2001年佐治亚大学演讲","ba-fei-te-2001nian-zuo-zhi-ya-da-xue-yan-jiang",{"title":495,"slug":496,"category":152,"order":497},"1969年10月 巴菲特致合伙人信","1969nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",36,{"title":499,"slug":500,"category":134,"order":497},"巴菲特：2001年保险业的FDIC","ba-fei-te-2001nian-bao-xian-ye-de-fdic",{"title":502,"slug":503,"category":152,"order":504},"1969年12月 巴菲特致合伙人信","1969nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",37,{"title":506,"slug":507,"category":134,"order":504},"巴菲特：2001年对话内大商学院","ba-fei-te-2001nian-dui-hua-nei-da-shang-xue-yuan",{"title":509,"slug":510,"category":152,"order":511},"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":513,"slug":514,"category":134,"order":511},"巴菲特：2001年巴菲特谈股市","ba-fei-te-2001nian-ba-fei-te-tan-gu-shi",{"title":516,"slug":517,"category":152,"order":518},"1969年5月 巴菲特致合伙人信","1969nian-5yue-ba-fei-te-zhi-he-huo-ren-xin",39,{"title":520,"slug":521,"category":134,"order":518},"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":523,"slug":524,"category":152,"order":525},"1970 巴菲特致股东信","1970-ba-fei-te-zhi-gu-dong-xin",40,{"title":527,"slug":528,"category":134,"order":525},"巴菲特：2002年哥大商学院演讲","ba-fei-te-2002nian-ge-da-shang-xue-yuan-yan-jiang",{"title":530,"slug":531,"category":152,"order":532},"1970年2月 巴菲特致合伙人信","1970nian-2yue-ba-fei-te-zhi-he-huo-ren-xin",41,{"title":534,"slug":535,"category":134,"order":532},"巴菲特：2002年股票期权与常识","ba-fei-te-2002nian-gu-piao-qi-quan-yu-chang-shi",{"title":537,"slug":538,"category":152,"order":539},"1971 巴菲特致股东信","1971-ba-fei-te-zhi-gu-dong-xin",42,{"title":541,"slug":542,"category":134,"order":539},"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":544,"slug":545,"category":152,"order":546},"1972 巴菲特致股东信","1972-ba-fei-te-zhi-gu-dong-xin",43,{"title":548,"slug":549,"category":134,"order":546},"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":551,"slug":552,"category":152,"order":553},"1973 巴菲特致股东信","1973-ba-fei-te-zhi-gu-dong-xin",44,{"title":555,"slug":556,"category":134,"order":553},"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":558,"slug":559,"category":152,"order":560},"1974 巴菲特致股东信","1974-ba-fei-te-zhi-gu-dong-xin",45,{"title":562,"slug":563,"category":134,"order":560},"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":565,"slug":566,"category":152,"order":567},"1975 巴菲特致股东信","1975-ba-fei-te-zhi-gu-dong-xin",46,{"title":569,"slug":570,"category":134,"order":567},"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":572,"slug":573,"category":152,"order":574},"1976 巴菲特致股东信","1976-ba-fei-te-zhi-gu-dong-xin",47,{"title":576,"slug":577,"category":134,"order":574},"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":579,"slug":580,"category":152,"order":581},"1977 巴菲特致股东信","1977-ba-fei-te-zhi-gu-dong-xin",48,{"title":583,"slug":584,"category":134,"order":581},"巴菲特：2003年沃伦在担心什么","ba-fei-te-2003nian-wo-lun-zai-dan-xin-shi-me",{"title":586,"slug":587,"category":152,"order":588},"1978 巴菲特致股东信","1978-ba-fei-te-zhi-gu-dong-xin",49,{"title":590,"slug":591,"category":134,"order":588},"巴菲特：2003年股息巫术","ba-fei-te-2003nian-gu-xi-wu-shu",{"title":593,"slug":594,"category":152,"order":595},"1979 巴菲特致股东信","1979-ba-fei-te-zhi-gu-dong-xin",50,{"title":597,"slug":598,"category":134,"order":595},"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":600,"slug":601,"category":152,"order":602},"1980 巴菲特致股东信","1980-ba-fei-te-zhi-gu-dong-xin",51,{"title":604,"slug":605,"category":134,"order":602},"巴菲特：2004年专访苏珊·巴菲特","ba-fei-te-2004nian-zhuan-fang-su-shan-ba-fei-te",{"title":607,"slug":608,"category":152,"order":609},"1981 巴菲特致股东信","1981-ba-fei-te-zhi-gu-dong-xin",52,{"title":611,"slug":612,"category":134,"order":609},"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":614,"slug":615,"category":152,"order":616},"1982 巴菲特致股东信","1982-ba-fei-te-zhi-gu-dong-xin",53,{"title":618,"slug":619,"category":134,"order":616},"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":621,"slug":622,"category":152,"order":623},"1983 巴菲特致股东信","1983-ba-fei-te-zhi-gu-dong-xin",54,{"title":625,"slug":626,"category":134,"order":623},"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":628,"slug":629,"category":152,"order":630},"1984 巴菲特致股东信","1984-ba-fei-te-zhi-gu-dong-xin",55,{"title":632,"slug":633,"category":134,"order":630},"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":635,"slug":636,"category":152,"order":637},"1985 巴菲特致股东信","1985-ba-fei-te-zhi-gu-dong-xin",56,{"title":639,"slug":640,"category":134,"order":637},"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":642,"slug":643,"category":152,"order":644},"1986 巴菲特致股东信","1986-ba-fei-te-zhi-gu-dong-xin",57,{"title":646,"slug":647,"category":134,"order":644},"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":649,"slug":650,"category":152,"order":651},"1987 巴菲特致股东信","1987-ba-fei-te-zhi-gu-dong-xin",58,{"title":653,"slug":654,"category":134,"order":651},"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":656,"slug":657,"category":152,"order":658},"1988 巴菲特致股东信","1988-ba-fei-te-zhi-gu-dong-xin",59,{"title":660,"slug":661,"category":134,"order":658},"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":663,"slug":664,"category":152,"order":665},"1989 巴菲特致股东信","1989-ba-fei-te-zhi-gu-dong-xin",60,{"title":667,"slug":668,"category":134,"order":665},"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":670,"slug":671,"category":152,"order":672},"1990 巴菲特致股东信","1990-ba-fei-te-zhi-gu-dong-xin",61,{"title":674,"slug":675,"category":134,"order":672},"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":677,"slug":678,"category":152,"order":679},"1991 巴菲特致股东信","1991-ba-fei-te-zhi-gu-dong-xin",62,{"title":681,"slug":682,"category":134,"order":679},"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":684,"slug":685,"category":152,"order":686},"1992 巴菲特致股东信","1992-ba-fei-te-zhi-gu-dong-xin",63,{"title":688,"slug":689,"category":134,"order":686},"巴菲特：2006年慈善捐赠承诺","ba-fei-te-2006nian-ci-shan-juan-zeng-cheng-nuo",{"title":691,"slug":692,"category":152,"order":693},"1993 巴菲特致股东信","1993-ba-fei-te-zhi-gu-dong-xin",64,{"title":695,"slug":696,"category":134,"order":693},"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":698,"slug":699,"category":152,"order":700},"1994 巴菲特致股东信","1994-ba-fei-te-zhi-gu-dong-xin",65,{"title":702,"slug":703,"category":134,"order":700},"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":705,"slug":706,"category":152,"order":707},"1995 巴菲特致股东信","1995-ba-fei-te-zhi-gu-dong-xin",66,{"title":709,"slug":710,"category":134,"order":707},"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":712,"slug":713,"category":152,"order":714},"1996 巴菲特致股东信","1996-ba-fei-te-zhi-gu-dong-xin",67,{"title":716,"slug":717,"category":134,"order":714},"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":719,"slug":720,"category":152,"order":721},"1997 巴菲特致股东信","1997-ba-fei-te-zhi-gu-dong-xin",68,{"title":723,"slug":724,"category":134,"order":721},"巴菲特：2007年巴菲特接见Dardashti","ba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti",{"title":726,"slug":727,"category":152,"order":728},"1998 巴菲特致股东信","1998-ba-fei-te-zhi-gu-dong-xin",69,{"title":730,"slug":731,"category":134,"order":728},"巴菲特：2007年接受央视专访","ba-fei-te-2007nian-jie-shou-yang-shi-zhuan-fang",{"title":733,"slug":734,"category":152,"order":735},"1999 巴菲特致股东信","1999-ba-fei-te-zhi-gu-dong-xin",70,{"title":737,"slug":738,"category":134,"order":735},"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":740,"slug":741,"category":152,"order":742},"2000 巴菲特致股东信","2000-ba-fei-te-zhi-gu-dong-xin",71,{"title":744,"slug":745,"category":134,"order":742},"巴菲特：2007年查理罗斯专访","ba-fei-te-2007nian-cha-li-luo-si-zhuan-fang",{"title":747,"slug":748,"category":152,"order":749},"2001 巴菲特致股东信","2001-ba-fei-te-zhi-gu-dong-xin",72,{"title":751,"slug":752,"category":134,"order":749},"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":754,"slug":755,"category":152,"order":756},"2002 巴菲特致股东信","2002-ba-fei-te-zhi-gu-dong-xin",73,{"title":758,"slug":759,"category":134,"order":756},"巴菲特：2008年买入美国正当时","ba-fei-te-2008nian-mai-ru-mei-guo-zheng-dang-shi",{"title":761,"slug":762,"category":152,"order":763},"2003 巴菲特致股东信","2003-ba-fei-te-zhi-gu-dong-xin",74,{"title":765,"slug":766,"category":134,"order":763},"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":768,"slug":769,"category":152,"order":770},"2004 巴菲特致股东信","2004-ba-fei-te-zhi-gu-dong-xin",75,{"title":772,"slug":773,"category":134,"order":770},"巴菲特：2008年对话商学院学生","ba-fei-te-2008nian-dui-hua-shang-xue-yuan-xue-sheng",{"title":775,"slug":776,"category":152,"order":777},"2005 巴菲特致股东信","2005-ba-fei-te-zhi-gu-dong-xin",76,{"title":779,"slug":780,"category":134,"order":777},"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":782,"slug":783,"category":152,"order":784},"2006 巴菲特致股东信","2006-ba-fei-te-zhi-gu-dong-xin",77,{"title":786,"slug":787,"category":134,"order":784},"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":789,"slug":790,"category":152,"order":791},"2007 巴菲特致股东信","2007-ba-fei-te-zhi-gu-dong-xin",78,{"title":793,"slug":794,"category":134,"order":791},"巴菲特：2008年给保尔森的信","ba-fei-te-2008nian-gei-bao-er-sen-de-xin",{"title":796,"slug":797,"category":152,"order":798},"2008 巴菲特致股东信","2008-ba-fei-te-zhi-gu-dong-xin",79,{"title":800,"slug":801,"category":134,"order":798},"巴菲特：2008年解析经济危机","ba-fei-te-2008nian-jie-xi-jing-ji-wei-ji",{"title":803,"slug":804,"category":152,"order":805},"2009 巴菲特致股东信","2009-ba-fei-te-zhi-gu-dong-xin",80,{"title":807,"slug":808,"category":134,"order":805},"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":810,"slug":811,"category":152,"order":812},"2010 巴菲特致股东信","2010-ba-fei-te-zhi-gu-dong-xin",81,{"title":814,"slug":815,"category":134,"order":812},"巴菲特：2009年CNBC 专访","ba-fei-te-2009nian-cnbc-zhuan-fang",{"title":817,"slug":818,"category":152,"order":819},"2011 巴菲特致股东信","2011-ba-fei-te-zhi-gu-dong-xin",82,{"title":821,"slug":822,"category":134,"order":819},"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":824,"slug":825,"category":152,"order":826},"2012 巴菲特致股东信","2012-ba-fei-te-zhi-gu-dong-xin",83,{"title":828,"slug":829,"category":134,"order":826},"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":831,"slug":832,"category":152,"order":833},"2013 巴菲特致股东信","2013-ba-fei-te-zhi-gu-dong-xin",84,{"title":835,"slug":836,"category":134,"order":833},"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":838,"slug":839,"category":152,"order":840},"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":842,"slug":843,"category":134,"order":840},"巴菲特：2009年收购BNSF 铁路","ba-fei-te-2009nian-shou-gou-bnsf-tie-lu",{"title":845,"slug":846,"category":152,"order":847},"2014 副董事长的思考","2014-fu-dong-shi-chang-de-si-kao",86,{"title":849,"slug":850,"category":134,"order":847},"巴菲特：2009年美元效应","ba-fei-te-2009nian-mei-yuan-xiao-ying",{"title":852,"slug":853,"category":152,"order":854},"2014 巴菲特致股东信","2014-ba-fei-te-zhi-gu-dong-xin",87,{"title":856,"slug":857,"category":134,"order":854},"教学方法期刊","ba-fei-te-2009nian-a-ke-lun-da-xue-shang-xue-yuan-wen-da-shi-lu",{"title":859,"slug":860,"category":152,"order":861},"2015 巴菲特致股东信","2015-ba-fei-te-zhi-gu-dong-xin",88,{"title":863,"slug":864,"category":134,"order":861},"巴菲特：2010年\"捐赠誓言\"计划","ba-fei-te-2010nian-juan-zeng-shi-yan-ji-hua",{"title":866,"slug":867,"category":152,"order":868},"2016 巴菲特致股东信","2016-ba-fei-te-zhi-gu-dong-xin",89,{"title":870,"slug":871,"category":134,"order":868},"巴菲特：2010年CNBC 专访","ba-fei-te-2010nian-cnbc-zhuan-fang",{"title":873,"slug":874,"category":152,"order":875},"2017 巴菲特致股东信","2017-ba-fei-te-zhi-gu-dong-xin",90,{"title":877,"slug":878,"category":134,"order":875},"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":880,"slug":881,"category":152,"order":882},"2018 巴菲特致股东信","2018-ba-fei-te-zhi-gu-dong-xin",91,{"title":884,"slug":885,"category":134,"order":882},"巴菲特：2010年央视财经采访","ba-fei-te-2010nian-yang-shi-cai-jing-cai-fang",{"title":887,"slug":888,"category":152,"order":889},"2019 巴菲特致股东信","2019-ba-fei-te-zhi-gu-dong-xin",92,{"title":891,"slug":892,"category":134,"order":889},"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":894,"slug":895,"category":152,"order":896},"2020 巴菲特致股东信","2020-ba-fei-te-zhi-gu-dong-xin",93,{"title":898,"slug":899,"category":134,"order":896},"巴菲特：2010年慈善中国行","ba-fei-te-2010nian-ci-shan-zhong-guo-xing",{"title":901,"slug":902,"category":152,"order":903},"2021 巴菲特致股东信","2021-ba-fei-te-zhi-gu-dong-xin",94,{"title":905,"slug":906,"category":134,"order":903},"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":908,"slug":909,"category":152,"order":910},"2022 巴菲特致股东信","2022-ba-fei-te-zhi-gu-dong-xin",95,{"title":912,"slug":913,"category":134,"order":910},"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":915,"slug":916,"category":152,"order":917},"2023 巴菲特致股东信","2023-ba-fei-te-zhi-gu-dong-xin",96,{"title":919,"slug":920,"category":134,"order":917},"巴菲特：2011年500 亿美元的决定","ba-fei-te-2011nian-500-yi-mei-yuan-de-jue-ding",{"title":922,"slug":923,"category":152,"order":924},"2024 巴菲特致股东信","2024-ba-fei-te-zhi-gu-dong-xin",97,{"title":926,"slug":927,"category":134,"order":924},"巴菲特：2011年CNBC 专访","ba-fei-te-2011nian-cnbc-zhuan-fang",{"title":929,"slug":930,"category":152,"order":931},"2025 巴菲特致股东信","2025-ba-fei-te-zhi-gu-dong-xin",98,{"title":933,"slug":934,"category":134,"order":931},"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":936,"slug":937,"category":152,"order":938},"2025 感恩节致辞","2025-gan-en-jie-zhi-ci",99,{"title":940,"slug":941,"category":134,"order":938},"巴菲特：2011年查理·罗斯专访","ba-fei-te-2011nian-cha-li-luo-si-zhuan-fang",{"title":943,"slug":944,"category":152,"order":945},"2026 阿贝尔致股东信","2026-a-bei-er-zhi-gu-dong-xin",100,{"title":947,"slug":948,"category":134,"order":945},"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":950,"slug":951,"category":134,"order":952},"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":954,"slug":955,"category":134,"order":956},"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":958,"slug":959,"category":134,"order":960},"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":962,"slug":963,"category":134,"order":964},"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":966,"slug":967,"category":134,"order":968},"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":970,"slug":971,"category":134,"order":972},"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":974,"slug":975,"category":134,"order":976},"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":978,"slug":979,"category":134,"order":980},"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":982,"slug":983,"category":134,"order":984},"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":986,"slug":987,"category":134,"order":988},"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":990,"slug":991,"category":134,"order":992},"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":994,"slug":995,"category":134,"order":996},"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":998,"slug":999,"category":134,"order":1000},"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":1002,"slug":1003,"category":134,"order":1004},"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":1006,"slug":1007,"category":134,"order":1008},"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":1010,"slug":1011,"category":134,"order":1012},"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":1014,"slug":1015,"category":134,"order":1016},"巴菲特：2015年追忆唐基奥","ba-fei-te-2015nian-zhui-yi-tang-ji-ao",117,{"title":1018,"slug":1019,"category":134,"order":1020},"巴菲特：2015慈善承诺倡议","ba-fei-te-2015ci-shan-cheng-nuo-chang-yi",118,{"title":1022,"slug":1023,"category":134,"order":1024},"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":1026,"slug":1027,"category":134,"order":1028},"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":1030,"slug":1031,"category":134,"order":1032},"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":1034,"slug":1035,"category":134,"order":1036},"巴菲特：2017年接受CNBC采访","ba-fei-te-2017nian-jie-shou-cnbccai-fang",122,{"title":1038,"slug":1039,"category":134,"order":1040},"巴菲特：2017年接受PBS NEWS专访","ba-fei-te-2017nian-jie-shou-pbs-newszhuan-fang",123,{"title":1042,"slug":1043,"category":134,"order":1044},"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":1046,"slug":1047,"category":134,"order":1048},"巴菲特：2017年美国的未来","ba-fei-te-2017nian-mei-guo-de-wei-lai",125,{"title":1050,"slug":1051,"category":134,"order":1052},"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":1054,"slug":1055,"category":134,"order":1056},"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":1058,"slug":1059,"category":134,"order":1060},"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":1062,"slug":1063,"category":134,"order":1064},"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":1066,"slug":1067,"category":134,"order":1068},"巴菲特：2020年接受CNBC专访","ba-fei-te-2020nian-jie-shou-cnbczhuan-fang",130,{"title":1070,"slug":1071,"category":134,"order":1072},"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":1074,"slug":1075,"category":134,"order":1076},"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":1078,"slug":1079,"category":134,"order":1080},"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":1082,"slug":1083,"category":134,"order":1084},"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":1086,"slug":1087,"category":134,"order":1088},"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":1090,"slug":1091,"category":134,"order":1092},"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":1094,"slug":1095,"category":134,"order":1096},"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":1098,"slug":1099,"category":134,"order":1100},"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":1102,"slug":1103,"category":134,"order":1104},"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":1106,"slug":1107,"category":134,"order":1108},"巴菲特：2023年接受CNBC专访","ba-fei-te-2023nian-jie-shou-cnbczhuan-fang",140,{"title":1110,"slug":1111,"category":134,"order":1112},"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":1114,"slug":1115,"category":134,"order":1116},"巴菲特：2025年接受cbs采访","ba-fei-te-2025nian-jie-shou-cbscai-fang",142,{"title":5,"slug":144,"category":134,"order":140},{"title":1119,"slug":1120,"category":134,"order":1121},"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":1123,"slug":1124,"category":134,"order":1125},"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":1127,"slug":1128,"category":134,"order":1129},"巴菲特72条投资经典语录","ba-fei-te-72tiao-tou-zi-jing-dian-yu-lu",146,{"title":1131,"slug":1132,"category":134,"order":1133},"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":1135,"slug":1136,"category":134,"order":1137},"巴菲特：如何建立能力圈","ba-fei-te-ru-he-jian-li-neng-li-quan",148,{"title":1139,"slug":1140,"category":134,"order":1141},"巴菲特：巴菲特估值逻辑","ba-fei-te-ba-fei-te-gu-zhi-luo-ji",149,{"title":1143,"slug":1144,"category":134,"order":1145},"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":1147,"slug":1148,"category":134,"order":1149},"考夫曼：Glenair 企业文化","kao-fu-man-glenair-qi-ye-wen-hua",151,[1151,1155,1158,1161,1164,1167,1170,1173,1176,1180,1184,1187,1190,1193,1196,1199,1202,1205,1208,1211,1214,1217,1220,1223,1226,1230,1233,1236,1239,1242,1245,1248,1251,1254,1257,1261,1264,1267,1270,1273,1276,1279,1282,1286,1289,1292,1295,1298,1301,1304,1307,1310,1313,1316,1319,1322,1325,1328,1331,1334,1337,1340,1343,1346,1349,1352,1355,1358,1361,1364,1367,1372,1376,1380,1384,1388,1392,1396,1400,1404,1408,1412,1416,1420,1424,1428,1432,1436,1440,1444,1448],{"title":1152,"slug":1153,"category":1154,"order":153},"本分","benfen","核心哲学",{"title":1156,"slug":1157,"category":1154,"order":131},"平常心","pingchangxin",{"title":1159,"slug":1160,"category":1154,"order":173},"做对的事情","zuoduideshiqing",{"title":1162,"slug":1163,"category":1154,"order":183},"把事情做对","bashiqingzuodui",{"title":1165,"slug":1166,"category":1154,"order":193},"能力圈","nengliquan",{"title":1168,"slug":1169,"category":1154,"order":203},"不做什么","buzuoshenme",{"title":1171,"slug":1172,"category":1154,"order":213},"敢为天下后","ganweitianxiahou",{"title":1174,"slug":1175,"category":1154,"order":223},"消费者导向","xiaofeizhedaoxiang",{"title":1177,"slug":1178,"category":1179,"order":233},"价值投资","jiazhitouzi","投资理念",{"title":1181,"slug":1182,"category":1183,"order":243},"负债","fuzhai","财务指标",{"title":1185,"slug":1186,"category":1179,"order":243},"商业模式","shangyemoshi",{"title":1188,"slug":1189,"category":1179,"order":253},"护城河","huchenghe",{"title":1191,"slug":1192,"category":1183,"order":253},"净现金","jingxianjin",{"title":1194,"slug":1195,"category":1183,"order":263},"开销合理性","kaixiaohelixing",{"title":1197,"slug":1198,"category":1179,"order":263},"现金流","xianjinliu",{"title":1200,"slug":1201,"category":1183,"order":273},"真实利润","zhenshilirun",{"title":1203,"slug":1204,"category":1179,"order":273},"折现","zhexian",{"title":1206,"slug":1207,"category":1179,"order":283},"安全边际","anquanbianji",{"title":1209,"slug":1210,"category":1183,"order":283},"扣除商誉的净资产","jingzichan",{"title":1212,"slug":1213,"category":1179,"order":293},"基本面","jibenmian",{"title":1215,"slug":1216,"category":1179,"order":303},"机会成本","jihuichengben",{"title":1218,"slug":1219,"category":1179,"order":313},"长期持有","zhangqichiyou",{"title":1221,"slug":1222,"category":1179,"order":323},"投机","touji",{"title":1224,"slug":1225,"category":1179,"order":333},"止损","zhisun",{"title":1227,"slug":1228,"category":1229,"order":343},"企业文化","qiyewenhua","企业经营",{"title":1231,"slug":1232,"category":1229,"order":353},"品牌","pinpai",{"title":1234,"slug":1235,"category":1229,"order":363},"差异化","chayihua",{"title":1237,"slug":1238,"category":1229,"order":373},"用户体验","yonghutiyan",{"title":1240,"slug":1241,"category":1229,"order":383},"渠道","qudao",{"title":1243,"slug":1244,"category":1229,"order":393},"平台","pingtai",{"title":1246,"slug":1247,"category":1229,"order":403},"生态系统","shengtaixitong",{"title":1249,"slug":1250,"category":1229,"order":413},"单一产品","danyichanpin",{"title":1252,"slug":1253,"category":1229,"order":423},"造钟人","zaozhongren",{"title":1255,"slug":1256,"category":1229,"order":433},"利润之上的追求","lirunzhishangdezhuiqiu",{"title":1258,"slug":1259,"category":1260,"order":443},"进取心","jinquxin","品格与心性",{"title":1262,"slug":1263,"category":1260,"order":453},"耐心","naixin",{"title":1265,"slug":1266,"category":1260,"order":463},"责任心","zerenxin",{"title":1268,"slug":1269,"category":1260,"order":473},"爱心","aixin",{"title":1271,"slug":1272,"category":1260,"order":483},"信誉","xinyu",{"title":1274,"slug":1275,"category":1260,"order":490},"正直","zhengzhi",{"title":1277,"slug":1278,"category":1260,"order":497},"理性","lixing",{"title":1280,"slug":1281,"category":1260,"order":504},"长期主义","zhangqizhuyi",{"title":1283,"slug":1284,"category":1285,"order":945},"1999年 《都市快报》采访手记","duanyongping-1999nian-doushikuaibao-caifangshouji","访谈实录",{"title":1287,"slug":1288,"category":1285,"order":952},"1999年 步步高讲话","duanyongping-1999nian-bubugaojianghua",{"title":1290,"slug":1291,"category":1285,"order":956},"1999年做客人民大学精彩问答实录","duanyongping-1999nianzuokerenmindaxuejingcaiwendashilu",{"title":1293,"slug":1294,"category":1285,"order":960},"2000年 《销售与市场》杂志专访","duanyongping-2000nian-xiaoshouyushichang-zazhizhuanfang",{"title":1296,"slug":1297,"category":1285,"order":964},"2000年在央视“品牌与传播国际论坛”上的演讲","duanyongping-2000nianzaiyangshi-pinpaiyuchuanboguojiluntan-shangdeyanjiang",{"title":1299,"slug":1300,"category":1285,"order":968},"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":1302,"slug":1303,"category":1285,"order":972},"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":1305,"slug":1306,"category":1285,"order":976},"2001年 我为什么要去读书？ —— 《读者》2001年11月刊","duanyongping-2001nian-woweishenmeyaoqudushu-duzhe-2001nian11yuekan",{"title":1308,"slug":1309,"category":1285,"order":980},"2001年《世界经理人文摘》专访","duanyongping-2001nian-shijiejinglirenwenzhai-zhuanfang",{"title":1311,"slug":1312,"category":1285,"order":984},"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":1314,"slug":1315,"category":1285,"order":988},"2003年北京大学总裁班演讲座谈会全程实录","duanyongping-2003nianbeijingdaxuezongcaibanyanjiangzuotanhuiquanchengshilu",{"title":1317,"slug":1318,"category":1285,"order":992},"2004财富人生—段永平 2004 采访","duanyongping-2004caifurensheng-duanyongping-2004-caifang",{"title":1320,"slug":1321,"category":1285,"order":996},"2005年步步高十周年“记”念晚会：段永平发言","duanyongping-2005nianbubugaoshizhounian-ji-nianwanhui-duanyongpingfayan",{"title":1323,"slug":1324,"category":1285,"order":1000},"2006年 深度对话网易证券全程实录","duanyongping-2006nian-shenduduihuawangyizhengquanquanchengshilu",{"title":1326,"slug":1327,"category":1285,"order":1004},"2006年做客新浪财经频道聊天全实录","duanyongping-2006nianzuokexinlangcaijingpindaoliaotianquanshilu",{"title":1329,"slug":1330,"category":1285,"order":1008},"2006年浙大“实话实说”","duanyongping-2006nianzheda-shihuashishuo",{"title":1332,"slug":1333,"category":1285,"order":1012},"2007年与巴菲特共进午餐后网易专访","duanyongping-2007nianyubafeitegongjinwucanhouwangyizhuanfang",{"title":1335,"slug":1336,"category":1285,"order":1016},"2007年波士堂访谈","duanyongping-2007nianboshitangfangtan",{"title":1338,"slug":1339,"category":1285,"order":1020},"2009年 深度专访： 探讨公益人生，分享成功体会","duanyongping-2009nian-shenduzhuanfang-tantaogongyirensheng-fenxiangchenggongtihu",{"title":1341,"slug":1342,"category":1285,"order":1024},"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":1344,"slug":1345,"category":1285,"order":1028},"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":1347,"slug":1348,"category":1285,"order":1032},"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":1350,"slug":1351,"category":1285,"order":1036},"2011年买入苹果思考","duanyongping-2011nianmairupingguosikao",{"title":1353,"slug":1354,"category":1285,"order":1040},"2013年浙大演讲","duanyongping-2013nianzhedayanjiang",{"title":1356,"slug":1357,"category":1285,"order":1044},"2016年浙大60周年专访","duanyongping-2016nianzheda60zhounianzhuanfang",{"title":1359,"slug":1360,"category":1285,"order":1048},"2025年浙江大学演讲及问答完整版","duanyongping-2025nianzhejiangdaxueyanjiangjiwendawanzhengban",{"title":1362,"slug":1363,"category":1285,"order":1052},"2025年谈躺平与内卷、与王石交流子女教育","duanyongping-2025niantantangpingyuneijuan-yuwangshijiaoliuzinvjiaoyu",{"title":1365,"slug":1366,"category":1285,"order":1056},"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":1368,"slug":1369,"category":1370,"order":1371},"问答录：第一章 投资大道","dadaotouziwendalu-diyizhangtouzidadao","投资问答录",200,{"title":1373,"slug":1374,"category":1370,"order":1375},"问答录：第二章 商业模式和企业文化","dadaotouziwendalu-dierzhangshangyemoshiheqiyewenhua",201,{"title":1377,"slug":1378,"category":1370,"order":1379},"问答录：第三章 公司点评","dadaotouziwendalu-disanzhanggongsidianping",202,{"title":1381,"slug":1382,"category":1370,"order":1383},"问答录：第四章 人生箴言","dadaotouziwendalu-disizhangrenshengzhenyan",203,{"title":1385,"slug":1386,"category":1370,"order":1387},"问答录：第五章 演讲与访谈","dadaotouziwendalu-diwuzhangyanjiangyufangtan",204,{"title":1389,"slug":1390,"category":1370,"order":1391},"问答录：第六章 更新","dadaotouziwendalu-diliuzhangduzhegengxin",205,{"title":1393,"slug":1394,"category":1370,"order":1395},"商业逻辑篇：第1节：伟大企业","duanyongping-shangyeluoji-di1jie-weidaqiye",401,{"title":1397,"slug":1398,"category":1370,"order":1399},"商业逻辑篇：第2节：商业模式","duanyongping-shangyeluoji-di2jie-shangyemoshi",402,{"title":1401,"slug":1402,"category":1370,"order":1403},"商业逻辑篇：第3节：企业文化","duanyongping-shangyeluoji-di3jie-qiyewenhua",403,{"title":1405,"slug":1406,"category":1370,"order":1407},"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":1409,"slug":1410,"category":1370,"order":1411},"商业逻辑篇：第5节：品牌、营销与广告","duanyongping-shangyeluoji-di5jie-pinpai-yingxiao-yu-guanggao",405,{"title":1413,"slug":1414,"category":1370,"order":1415},"商业逻辑篇：第6节：收购和多元化","duanyongping-shangyeluoji-di6jie-shougouheduoyuanhua",406,{"title":1417,"slug":1418,"category":1370,"order":1419},"商业逻辑篇：第7节：Stop doing list（不为清单）","duanyongping-shangyeluoji-di7jie-stop-doing-list-buweiqingdan",407,{"title":1421,"slug":1422,"category":1370,"order":1423},"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":1425,"slug":1426,"category":1370,"order":1427},"投资逻辑篇：第1章：投资理念","duanyongping-touziluoji-di1zhang-touzilinian",410,{"title":1429,"slug":1430,"category":1370,"order":1431},"投资逻辑篇：第2章：投资理解","duanyongping-touziluoji-di2jie-touzilijie",411,{"title":1433,"slug":1434,"category":1370,"order":1435},"投资问答录：第3章 golf和投资","duanyongping-touziluoji-di3zhang-golfhetouzi",412,{"title":1437,"slug":1438,"category":1370,"order":1439},"投资逻辑篇：第4章 财务理解","duanyongping-touziwendalu-touziluoji-di4zhang-caiwulijie",413,{"title":1441,"slug":1442,"category":1370,"order":1443},"投资逻辑篇：第5章：估值逻辑","duanyongping-touziluoji-di5zhang-guzhiluoji",414,{"title":1445,"slug":1446,"category":1370,"order":1447},"投资逻辑篇：第6章 投资方法论","duanyongping-touziluoji-di6zhang-touzifangfalun",415,{"title":1449,"slug":1450,"category":1370,"order":1451},"投资逻辑篇：第7章：案例分析","duanyongping-touziluoji-di7zhang-anlifenxi",416,[1453,1456,1459,1462,1466,1470,1473,1477,1479,1482,1485,1488,1492,1495,1498,1501,1504,1508,1511,1514,1517,1520,1524,1527,1530,1532,1535,1538,1541,1544,1547,1550,1553,1556,1559,1562,1565,1568,1571,1574,1577,1580,1583,1586,1589,1592,1595,1598,1601,1604,1607,1610,1613,1616,1619,1622,1625,1628,1631,1634,1637,1640,1643,1646,1649,1652,1656,1659,1662,1665,1668,1672,1675,1678,1681],{"title":1165,"slug":1454,"category":1455,"order":153},"ability-circle","决策与战略",{"title":1457,"slug":1458,"category":1455,"order":131},"逆向思维","inversion",{"title":1215,"slug":1460,"category":1461,"order":173},"opportunity-cost","经济学",{"title":1463,"slug":1464,"category":1465,"order":183},"复利","compound-interest","数学与概率论",{"title":1467,"slug":1468,"category":1469,"order":193},"激励机制","incentives","心理学",{"title":1471,"slug":1472,"category":1465,"order":203},"概率思维","probabilistic-thinking",{"title":1474,"slug":1475,"category":1476,"order":213},"二阶效应","second-order-effects","哲学与逻辑",{"title":1206,"slug":1478,"category":1455,"order":223},"margin-of-safety",{"title":1480,"slug":1481,"category":1469,"order":233},"心理误判","psychology-of-misjudgment",{"title":1483,"slug":1484,"category":1455,"order":243},"检查清单","checklist",{"title":1486,"slug":1487,"category":1461,"order":253},"规模优势","scale-advantage",{"title":1489,"slug":1490,"category":1491,"order":263},"冗余与容错","redundancy","工程学\u002F系统",{"title":1493,"slug":1494,"category":1465,"order":273},"排列组合","combinatorics",{"title":1496,"slug":1497,"category":1465,"order":283},"费马-帕斯卡","fermat-pascal",{"title":1499,"slug":1500,"category":1465,"order":293},"均值回归","regression-to-the-mean",{"title":1502,"slug":1503,"category":1465,"order":303},"量化分析","quantitative-analysis",{"title":1505,"slug":1506,"category":1507,"order":313},"临界点\u002F相变","critical-point-phase-transition","物理学",{"title":1509,"slug":1510,"category":1507,"order":323},"平衡态","equilibrium",{"title":1512,"slug":1513,"category":1507,"order":333},"熵增定律","entropy",{"title":1515,"slug":1516,"category":1507,"order":343},"能量守恒","conservation-of-energy",{"title":1518,"slug":1519,"category":1507,"order":353},"杠杆原理","leverage",{"title":1521,"slug":1522,"category":1523,"order":363},"自然选择","natural-selection","生物学\u002F进化论",{"title":1525,"slug":1526,"category":1523,"order":373},"物竞天择","competition-for-resources",{"title":1528,"slug":1529,"category":1523,"order":383},"进化思维","evolutionary-thinking",{"title":1246,"slug":1531,"category":1523,"order":393},"ecosystem",{"title":1533,"slug":1534,"category":1469,"order":403},"爱好倾向","liking-tendency",{"title":1536,"slug":1537,"category":1469,"order":413},"讨厌倾向","disliking-tendency",{"title":1539,"slug":1540,"category":1469,"order":423},"避免怀疑倾向","doubt-avoidance-tendency",{"title":1542,"slug":1543,"category":1469,"order":433},"一致性倾向","consistency-tendency",{"title":1545,"slug":1546,"category":1469,"order":443},"好奇心倾向","curiosity-tendency",{"title":1548,"slug":1549,"category":1469,"order":453},"康德式公平","kantian-fairness",{"title":1551,"slug":1552,"category":1469,"order":463},"艳羡\u002F妒忌倾向","envy-jealousy-tendency",{"title":1554,"slug":1555,"category":1469,"order":473},"反馈倾向","reciprocation-tendency",{"title":1557,"slug":1558,"category":1469,"order":483},"权威误导","authority-misinfluence",{"title":1560,"slug":1561,"category":1469,"order":490},"重视理由","reason-respecting-tendency",{"title":1563,"slug":1564,"category":1469,"order":497},"过度乐观","over-optimism",{"title":1566,"slug":1567,"category":1469,"order":504},"损失厌恶","loss-aversion",{"title":1569,"slug":1570,"category":1469,"order":511},"否认倾向","denial-tendency",{"title":1572,"slug":1573,"category":1469,"order":518},"过度反应","overreaction-tendency",{"title":1575,"slug":1576,"category":1469,"order":525},"社群影响","social-influence",{"title":1578,"slug":1579,"category":1469,"order":532},"压力倾向","stress-influence-tendency",{"title":1581,"slug":1582,"category":1469,"order":539},"物质主义","materialism-tendency",{"title":1584,"slug":1585,"category":1469,"order":546},"废话倾向","twaddle-tendency",{"title":1587,"slug":1588,"category":1469,"order":553},"确认偏误","confirmation-bias",{"title":1590,"slug":1591,"category":1469,"order":560},"锚定效应","anchoring-effect",{"title":1593,"slug":1594,"category":1469,"order":567},"现时偏差","present-bias",{"title":1596,"slug":1597,"category":1469,"order":574},"贪婪倾向","greed-tendency",{"title":1599,"slug":1600,"category":1461,"order":581},"边际成本\u002F收益","marginal-cost-benefit",{"title":1602,"slug":1603,"category":1461,"order":588},"供需关系","supply-and-demand",{"title":1605,"slug":1606,"category":1461,"order":595},"帕累托最优","pareto-optimality",{"title":1608,"slug":1609,"category":1461,"order":602},"竞争性毁灭","creative-destruction",{"title":1611,"slug":1612,"category":1455,"order":609},"双轨分析","two-track-analysis",{"title":1614,"slug":1615,"category":1455,"order":616},"非线性思维","nonlinear-thinking",{"title":1617,"slug":1618,"category":1455,"order":623},"极化思考","extreme-thinking",{"title":1620,"slug":1621,"category":1455,"order":630},"必要功","necessary-work",{"title":1623,"slug":1624,"category":1491,"order":637},"停机问题","halting-problem",{"title":1626,"slug":1627,"category":1491,"order":644},"闭环系统","closed-loop-system",{"title":1629,"slug":1630,"category":1491,"order":651},"故障安全","fail-safe",{"title":1632,"slug":1633,"category":1491,"order":658},"反向设计","reverse-design",{"title":1635,"slug":1636,"category":1491,"order":665},"瓶颈分析","bottleneck-analysis",{"title":1638,"slug":1639,"category":1476,"order":672},"第一性原理","first-principles",{"title":1641,"slug":1642,"category":1476,"order":679},"证伪思维","falsification",{"title":1644,"slug":1645,"category":1476,"order":686},"奥卡姆剃刀","occams-razor",{"title":1647,"slug":1648,"category":1476,"order":693},"中道思维","middle-way",{"title":1650,"slug":1651,"category":1476,"order":700},"不可知论","agnosticism",{"title":1653,"slug":1654,"category":1655,"order":707},"大数定律","law-of-large-numbers","统计学",{"title":1657,"slug":1658,"category":1655,"order":714},"样本偏差","sample-bias",{"title":1660,"slug":1661,"category":1655,"order":721},"相关性≠因果","correlation-not-causation",{"title":1663,"slug":1664,"category":1655,"order":728},"幸存者偏差","survivorship-bias",{"title":1666,"slug":1667,"category":1655,"order":735},"基本比率","base-rate",{"title":1669,"slug":1670,"category":1671,"order":742},"社会认同","social-proof","社会学",{"title":1673,"slug":1674,"category":1671,"order":749},"部落本能","tribal-instinct",{"title":1676,"slug":1677,"category":1671,"order":756},"金蛋定律","golden-egg-rule",{"title":1679,"slug":1680,"category":1671,"order":763},"互利共生","mutualism",{"title":1682,"slug":1683,"category":1671,"order":770},"激励传导","incentive-transmission",1778147268357]