[{"data":1,"prerenderedAt":1721},["ShallowReactive",2],{"library-ba-fei-te-1985nian-tan-tou-zi":3,"library-sidebar-buffett":185,"library-sidebar-dao":1187,"library-sidebar-models":1489},{"id":4,"title":5,"body":6,"category":171,"date":172,"description":173,"extension":174,"meta":175,"navigation":176,"order":177,"path":178,"seo":179,"seoDescription":173,"seoTitle":180,"slug":181,"stem":182,"__hash__":183,"_collection":184},"buffett\u002Fbuffett\u002Finterview\u002Fba-fei-te-1985nian-tan-tou-zi.md","巴菲特：1985年谈投资",{"type":7,"value":8,"toc":167},"minimark",[9,13,20,23,26,29,32,40,46,49,52,58,61,64,67,73,76,82,85,90,93,96,99,102,105,108,111,118,121,127,130,133,136,142,145,151,157,164],[10,11,5],"h1",{"id":12},"巴菲特1985年谈投资",[14,15,16],"blockquote",{},[17,18,19],"p",{},"1985 年，沃伦巴菲特出现在亚当斯密(Adam Smith)的《金钱世界》(Money World)节目中。Adam 是《金钱游戏》(The Money Game)《超级金钱》(Supermoney)一书的作者。他也是乔治古德曼(George Goodman)的笔名。几十年来，巴菲特一直在分享他的投资智慧。自从他从本格雷厄姆那里学到它后，他就一直在重复它的某个版本。涵盖了一些永恒的概念，比如资本保值，气质高于智商，购买高价值资产，能力圈，以及股票是企业的一部分，而不是一张纸。如果你以前听过巴菲特的箴言，这对你来说并不新鲜，但这个提醒是值得的。花点时间阅读下面的文字记录。",[17,21,22],{},"古德曼：一些持世俗态度的人非常成功，让我们以内布拉斯加州奥马哈市的沃伦·巴菲特为例。如果你在1965年向他的伯克希尔公司投资1 万美元，今天你会有100 万美元。沃伦是我1972 年出版的《超级金钱》一书中的一章，所以我认识他很久了。他师从本·格雷厄姆，原哥伦比亚大学证券分析系主任。",[17,24,25],{},"此次采访前，沃伦从来没有上过电视，他当然也从来没有受到过公众的关注，但最近他得到了很多关注，当他成为首府广播公司(Capital Cities)收购美国广播公司(ABC)的关键人物时，沃伦将是这家新公司的最大股东，而他的身家目前已远超5 亿美元。但去年秋天，当我在他位于奥马哈的办公室与他交谈时，他旗帜鲜明地把自己的投资风格描述的极其简单。",[17,27,28],{},"巴菲特：**投资的第一原则是：不要亏损。投资的第二原则是：不要忘记第一原则。这就是投资的全部原则。**我的意思是，如果你以远低于它们价值的价格购买资产，并且你构建了一个组合，你基本上就不会亏钱。",[17,30,31],{},"古德曼：沃伦，你认为投资经理最重要的品质是什么？",[17,33,34,35,39],{},"巴菲特：**它更多是一种秉性，而不是智力。**在这个行业你不需要很高的智商。我是说，你只需要有能从这里到奥马哈市中心的智商就足够了，但你不必要会玩三维的国际象棋，也不必在桥牌或诸如此类的事情上，达到顶级联赛的水平。",[36,37,38],"strong",{},"你需要的是一个稳定的性格","，你需要一种气质，不是从盲目从众或一意孤行中获得极大快乐，因为这不是一个需要民意投票来决定的行业，而是一个需要你深度思考来决定的行业。",[17,41,42,43],{},"本.格雷厄姆会说，即使有一千个人同意你的观点，并不代表你是对了或者错了。同样，即使有一千个人反对你，也不能说明你是对是错。",[36,44,45],{},"你之所以是对的，是因为你的事实和推理是正确的。",[17,47,48],{},"古德曼：沃伦，你做的与市场上90%的投资经理做的，有什么不同？",[17,50,51],{},"巴菲特：当然，大多数专业投资者关注的是，股票在未来一两年内的走势，他们看上去总是有各种神秘的操作方法来接近这一点。他们并不真正认为自己拥有企业的一部分。**真正考验你的是，你能否从价值的角度去进行投资，你是否在乎股市明天开不开市。**如果你对一种证券做了一笔很好的投资，那么即使股市五年不开市你都不用担心。所有股票告诉我的只是价格。我可以偶尔看看股价，看看价格是低得离谱还是出奇的高，但价格并不能告诉我有关企业的任何信息。",[17,53,54,55],{},"财务数字本身能告诉我关于企业的一些信息，但股票价格并不能告诉我关于企业的任何信息。",[36,56,57],{},"我甚至会在不知道价格的前提下，先给一只股票或一家公司估值，这样我在建立估值的时候就不会受到价格的影响，然后我再去看价格，看它是否与我的估值有很大的差距。",[17,59,60],{},"古德曼：巴菲特选择留在内布拉斯加州的奥马哈，这里的玉米地离市中心只有几分钟路程。奥马哈是个不错的小镇，没人当它是世界金融中心，这里唯一轰鸣的是4 尺高的牛群。你不觉得奥马哈离投资圈太远了点吗？",[17,62,63],{},"巴菲特：好吧，信不信由你，我可以在这里收发邮件，可以在这里定期收到期刊，我在这里完全可以得到做出投资决策的所有事实。而且，这里不像华尔街，这里没有50 个人走过来，在我的耳边小声告诉我，我今天下午应该做这个或那个。",[17,65,66],{},"古德曼：你觉得呆在奥马哈单调乏味缺乏刺激吗？",[17,68,69,70],{},"巴菲特：",[36,71,72],{},"我喜欢缺乏刺激。我们需要的事实，而不是刺激。",[17,74,75],{},"古德曼：怎么样才能保持远离华尔街呢？",[17,77,78,79],{},"巴菲特：**如果我一直待在华尔街，我可能会穷得多。在华尔街你会受到过度刺激。你会听到很多事情，而且这会让你短视，而短视不利于长期获利。**在这里，我可以只关注企业的价值。而且我不需要在华盛顿，就能弄清楚《华盛顿邮报》的价值，我也不需要去纽约，就能弄清楚其他公司的价值。",[36,80,81],{},"这个过程非常简单——仅仅是一个智力思考的过程，在这过程中，思考的越多，交易的越少，你的表现就越好。",[17,83,84],{},"古德曼：这个智力思考的过程是怎样的？",[17,86,69,87],{},[36,88,89],{},"所谓的智力思考过程就是，确定你在评估企业时的能力圈范围。然后，在这个能力圈范围内，找到相对于价值来说最便宜的东西。当然，有各种各样我无法估值的东西，但没关系，只要找到几个我能够有信心的去估值就可以了。",[17,91,92],{},"古德曼：你投资过科技公司吗？",[17,94,95],{},"巴菲特：我从来没有买过。",[17,97,98],{},"古德曼：你投资生涯30 年从来没买过吗？",[17,100,101],{},"巴菲特：科技公司我一个都理解不了。",[17,103,104],{},"古德曼：所以你从来没有买过比如说IBM？",[17,106,107],{},"巴菲特：IBM 是一家了不起的公司，但是我从来没买过。",[17,109,110],{},"古德曼：这场技术革命正在发生，而你不是参与者，你能接受吗？",[17,112,113,114,117],{},"巴菲特：擦肩而过！这对我来说这没什么遗憾的。",[36,115,116],{},"我不需要在每个领域中都赚钱","。我是说，我不知道可可豆能做什么，有很多事情是我不了解的，这可能听起来很糟糕，但我为什么要知道所有的一切呢？有些东西对我来说实在是太难了。",[17,119,120],{},"在证券行业，美国几乎有成千上万家大公司，每天都在以变化的价格向你报价，而你不必做出任何决定。没有人强迫于你。这一行没有所谓的失手出局(3-strikes，三振出局)，如果你在打真正的棒球，投手站在那里向你投球，而且是球处在你的膝盖和肩膀之间的好球区，你要么挥棒要么失手。如果失手多次你就得出局了。",[17,122,123,124],{},"但是在证券行业，他们以25 美元抛出美国钢铁，以16 美元抛出通用汽车，你都可以坐在那里不为所动。",[36,125,126],{},"它们可能是绝佳的投资机会，但如果你了解的不够多，你就不必挥杆。你可以坐在那里看着成千上万的投球，然后终于看到一个你了解并想要的那个，然后你就可以挥杆了。",[17,128,129],{},"古德曼：所以你可以连续6 个月都不出手？",[17,131,132],{},"巴菲特：我可以两年都不出手。",[17,134,135],{},"古德曼：那会不会太无聊了？",[17,137,138,139],{},"巴菲特：它会让大多数人感到无聊。当然对于大多数职业基金经理来说，无聊的确会是一个问题。如果他们缺席了一两局，不仅会让他们变得坐立不安，而且他们的客户也会开始在看台上大喊\"挥杆！挥杆！\"。",[36,140,141],{},"所以对人们来说，保持不动的确很难做到。",[17,143,144],{},"古德曼：沃伦，你的这个方法看起来很简单啊，为什么不是每个人都这样做呢？",[17,146,147,148],{},"巴菲特：我想，",[36,149,150],{},"部分原因恰恰是因为它太简单了。",[17,152,153,154],{},"拿学术界举例，商学院的金融教授关注各种变量。数据就在那里，因此，他们关注的是，如果你在周二买入股票然后在周五卖出，这是否会是笔好的交易。或者，如果你在选举年买入在其他年份卖出，这是否会是笔好的交易。或者你买一家小的公司等等......这里有太多太多的变量，因为数据就在那里。他们研究的就是怎么摆弄数据。就像我的一个朋友(查理·芒格)所说，",[36,155,156],{},"对于一个拿着锤子的人来说，一切看起来都像钉子。",[17,158,159,160,163],{},"一旦你掌握了这些技能，你就会渴望以某种方式利用它们。但实际上它们一点也不重要。如果我被要求参与一个商业机会，我是在周二还是周六还是选举年或其他时候购买它，对我来说会有什么不同吗？这不是一个生意人在购买企业时要考虑的。那么为什么买股票的时候要考虑它呢？",[36,161,162],{},"股票只是生意的一部分","。",[165,166],"hr",{},{"title":168,"searchDepth":169,"depth":169,"links":170},"",2,[],"访谈与文章",null,"巴菲特做客《金钱世界》节目，分享投资智慧，阐述从格雷厄姆处学到的价值投资永恒原理。","md",{},true,15,"\u002Fbuffett\u002Finterview\u002Fba-fei-te-1985nian-tan-tou-zi",{"title":5,"description":173},"巴菲特：1985年谈投资｜巴菲特","ba-fei-te-1985nian-tan-tou-zi","buffett\u002Finterview\u002Fba-fei-te-1985nian-tan-tou-zi","uech5toePfRv7czFuyWMukdnvp5s1KVa707Q2TCYwcU","buffett",[186,191,194,198,201,204,207,211,214,217,221,224,227,231,234,237,241,244,247,251,254,257,261,264,267,271,274,277,281,284,287,291,294,297,301,304,307,311,314,317,321,324,327,330,331,334,338,341,344,348,351,354,358,361,364,368,371,374,378,381,384,388,391,394,398,401,404,408,411,414,418,421,424,428,431,434,438,441,444,448,451,454,458,461,464,468,471,474,478,481,484,488,491,494,498,501,504,508,511,514,518,521,525,528,532,535,539,542,546,549,553,556,560,563,567,570,574,577,581,584,588,591,595,598,602,605,609,612,616,619,623,626,630,633,637,640,644,647,651,654,658,661,665,668,672,675,679,682,686,689,693,696,700,703,707,710,714,717,721,724,728,731,735,738,742,745,749,752,756,759,763,766,770,773,777,780,784,787,791,794,798,801,805,808,812,815,819,822,826,829,833,836,840,843,847,850,854,857,861,864,868,871,875,878,882,885,889,892,896,899,903,906,910,913,917,920,924,927,931,934,938,941,945,948,952,955,959,962,966,969,973,976,980,983,987,991,995,999,1003,1007,1011,1015,1019,1023,1027,1031,1035,1039,1043,1047,1051,1055,1059,1063,1067,1071,1075,1079,1083,1087,1091,1095,1099,1103,1107,1111,1115,1119,1123,1127,1131,1135,1139,1143,1147,1151,1155,1159,1163,1167,1171,1175,1179,1183],{"title":187,"slug":188,"category":189,"order":190},"1956 有限合伙协议","1956-you-xian-he-huo-xie-yi","致股东信",1,{"title":192,"slug":193,"category":171,"order":190},"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":195,"slug":196,"category":197,"order":190},"1994年伯克希尔股东大会","1994nian-bo-ke-xi-er-gu-dong-da-hui","股东大会",{"title":199,"slug":200,"category":189,"order":169},"1957 巴菲特致合伙人信","1957-ba-fei-te-zhi-he-huo-ren-xin",{"title":202,"slug":203,"category":171,"order":169},"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":205,"slug":206,"category":197,"order":169},"1995年伯克希尔股东大会","1995nian-bo-ke-xi-er-gu-dong-da-hui",{"title":208,"slug":209,"category":189,"order":210},"1958 巴菲特致合伙人信","1958-ba-fei-te-zhi-he-huo-ren-xin",3,{"title":212,"slug":213,"category":171,"order":210},"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":215,"slug":216,"category":197,"order":210},"1996年伯克希尔股东大会","1996nian-bo-ke-xi-er-gu-dong-da-hui",{"title":218,"slug":219,"category":189,"order":220},"1959 巴菲特致合伙人信","1959-ba-fei-te-zhi-he-huo-ren-xin",4,{"title":222,"slug":223,"category":171,"order":220},"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":225,"slug":226,"category":197,"order":220},"1997年伯克希尔股东大会","1997nian-bo-ke-xi-er-gu-dong-da-hui",{"title":228,"slug":229,"category":189,"order":230},"1960 巴菲特致合伙人信","1960-ba-fei-te-zhi-he-huo-ren-xin",5,{"title":232,"slug":233,"category":171,"order":230},"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":235,"slug":236,"category":197,"order":230},"1998年伯克希尔股东大会","1998nian-bo-ke-xi-er-gu-dong-da-hui",{"title":238,"slug":239,"category":189,"order":240},"1961 巴菲特致合伙人信","1961-ba-fei-te-zhi-he-huo-ren-xin",6,{"title":242,"slug":243,"category":171,"order":240},"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":245,"slug":246,"category":197,"order":240},"1999年伯克希尔股东大会","1999nian-bo-ke-xi-er-gu-dong-da-hui",{"title":248,"slug":249,"category":189,"order":250},"1961年中 巴菲特致合伙人信","1961nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",7,{"title":252,"slug":253,"category":171,"order":250},"巴菲特：1976年巴菲特谈GEICO","ba-fei-te-1976nian-ba-fei-te-tan-geico",{"title":255,"slug":256,"category":197,"order":250},"2000年伯克希尔股东大会","2000nian-bo-ke-xi-er-gu-dong-da-hui",{"title":258,"slug":259,"category":189,"order":260},"1962 巴菲特致合伙人信","1962-ba-fei-te-zhi-he-huo-ren-xin",8,{"title":262,"slug":263,"category":171,"order":260},"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":265,"slug":266,"category":197,"order":260},"2001年伯克希尔股东大会","2001nian-bo-ke-xi-er-gu-dong-da-hui",{"title":268,"slug":269,"category":189,"order":270},"1962年11月 巴菲特致合伙人信","1962nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",9,{"title":272,"slug":273,"category":171,"order":270},"巴菲特：1977年谈通货膨胀","ba-fei-te-1977nian-tan-tong-huo-peng-zhang",{"title":275,"slug":276,"category":197,"order":270},"2002年伯克希尔股东大会","2002nian-bo-ke-xi-er-gu-dong-da-hui",{"title":278,"slug":279,"category":189,"order":280},"1962年12月 巴菲特致合伙人信","1962nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",10,{"title":282,"slug":283,"category":171,"order":280},"巴菲特：1979年谈股市","ba-fei-te-1979nian-tan-gu-shi",{"title":285,"slug":286,"category":197,"order":280},"2003年伯克希尔股东大会","2003nian-bo-ke-xi-er-gu-dong-da-hui",{"title":288,"slug":289,"category":189,"order":290},"1962年中 巴菲特致合伙人信","1962nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",11,{"title":292,"slug":293,"category":171,"order":290},"巴菲特：1982年谈指数期货","ba-fei-te-1982nian-tan-zhi-shu-qi-huo",{"title":295,"slug":296,"category":197,"order":290},"2004年伯克希尔股东大会","2004nian-bo-ke-xi-er-gu-dong-da-hui",{"title":298,"slug":299,"category":189,"order":300},"1963 巴菲特致合伙人信","1963-ba-fei-te-zhi-he-huo-ren-xin",12,{"title":302,"slug":303,"category":171,"order":300},"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":305,"slug":306,"category":197,"order":300},"2005年伯克希尔股东大会","2005nian-bo-ke-xi-er-gu-dong-da-hui",{"title":308,"slug":309,"category":189,"order":310},"1963年11月 巴菲特致合伙人信","1963nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",13,{"title":312,"slug":313,"category":171,"order":310},"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":315,"slug":316,"category":197,"order":310},"2006年伯克希尔股东大会","2006nian-bo-ke-xi-er-gu-dong-da-hui",{"title":318,"slug":319,"category":189,"order":320},"1963年12月 巴菲特致合伙人信","1963nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",14,{"title":322,"slug":323,"category":171,"order":320},"巴菲特：1984年哥大商学院演讲","ba-fei-te-1984nian-ge-da-shang-xue-yuan-yan-jiang",{"title":325,"slug":326,"category":197,"order":320},"2007年伯克希尔股东大会","2007nian-bo-ke-xi-er-gu-dong-da-hui",{"title":328,"slug":329,"category":189,"order":177},"1963年中 巴菲特致合伙人信","1963nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",{"title":5,"slug":181,"category":171,"order":177},{"title":332,"slug":333,"category":197,"order":177},"2008年伯克希尔股东大会","2008nian-bo-ke-xi-er-gu-dong-da-hui",{"title":335,"slug":336,"category":189,"order":337},"1964 巴菲特致合伙人信","1964-ba-fei-te-zhi-he-huo-ren-xin",16,{"title":339,"slug":340,"category":171,"order":337},"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":342,"slug":343,"category":197,"order":337},"2009年伯克希尔股东大会","2009nian-bo-ke-xi-er-gu-dong-da-hui",{"title":345,"slug":346,"category":189,"order":347},"1964年中 巴菲特致合伙人信","1964nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",17,{"title":349,"slug":350,"category":171,"order":347},"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":352,"slug":353,"category":197,"order":347},"2010年伯克希尔股东大会","2010nian-bo-ke-xi-er-gu-dong-da-hui",{"title":355,"slug":356,"category":189,"order":357},"1965 巴菲特致合伙人信","1965-ba-fei-te-zhi-he-huo-ren-xin",18,{"title":359,"slug":360,"category":171,"order":357},"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":362,"slug":363,"category":197,"order":357},"2011年伯克希尔股东大会","2011nian-bo-ke-xi-er-gu-dong-da-hui",{"title":365,"slug":366,"category":189,"order":367},"1965 巴菲特致股东信","1965-ba-fei-te-zhi-gu-dong-xin",19,{"title":369,"slug":370,"category":171,"order":367},"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":372,"slug":373,"category":197,"order":367},"2012年伯克希尔股东大会","2012nian-bo-ke-xi-er-gu-dong-da-hui",{"title":375,"slug":376,"category":189,"order":377},"1965年11月 巴菲特致合伙人信","1965nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",20,{"title":379,"slug":380,"category":171,"order":377},"巴菲特：1988年谈投资","ba-fei-te-1988nian-tan-tou-zi",{"title":382,"slug":383,"category":197,"order":377},"2013年伯克希尔股东大会","2013nian-bo-ke-xi-er-gu-dong-da-hui",{"title":385,"slug":386,"category":189,"order":387},"1965年中 巴菲特致合伙人信","1965nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",21,{"title":389,"slug":390,"category":171,"order":387},"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":392,"slug":393,"category":197,"order":387},"2014年伯克希尔股东大会","2014nian-bo-ke-xi-er-gu-dong-da-hui",{"title":395,"slug":396,"category":189,"order":397},"1966 巴菲特致合伙人信","1966-ba-fei-te-zhi-he-huo-ren-xin",22,{"title":399,"slug":400,"category":171,"order":397},"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":402,"slug":403,"category":197,"order":397},"2015年伯克希尔股东大会","2015nian-bo-ke-xi-er-gu-dong-da-hui",{"title":405,"slug":406,"category":189,"order":407},"1966 巴菲特致股东信","1966-ba-fei-te-zhi-gu-dong-xin",23,{"title":409,"slug":410,"category":171,"order":407},"巴菲特：1991年圣母大学演讲","ba-fei-te-1991nian-sheng-mu-da-xue-yan-jiang",{"title":412,"slug":413,"category":197,"order":407},"2016年伯克希尔股东大会","2016nian-bo-ke-xi-er-gu-dong-da-hui",{"title":415,"slug":416,"category":189,"order":417},"1966年11月 巴菲特致合伙人信","1966nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",24,{"title":419,"slug":420,"category":171,"order":417},"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":422,"slug":423,"category":197,"order":417},"2017年伯克希尔股东大会","2017nian-bo-ke-xi-er-gu-dong-da-hui",{"title":425,"slug":426,"category":189,"order":427},"1966年中 巴菲特致合伙人信","1966nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",25,{"title":429,"slug":430,"category":171,"order":427},"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":432,"slug":433,"category":197,"order":427},"2018年伯克希尔股东大会","2018nian-bo-ke-xi-er-gu-dong-da-hui",{"title":435,"slug":436,"category":189,"order":437},"1967 巴菲特致合伙人信","1967-ba-fei-te-zhi-he-huo-ren-xin",26,{"title":439,"slug":440,"category":171,"order":437},"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":442,"slug":443,"category":197,"order":437},"2019年伯克希尔股东大会","2019nian-bo-ke-xi-er-gu-dong-da-hui",{"title":445,"slug":446,"category":189,"order":447},"1967 巴菲特致股东信","1967-ba-fei-te-zhi-gu-dong-xin",27,{"title":449,"slug":450,"category":171,"order":447},"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":452,"slug":453,"category":197,"order":447},"2020年伯克希尔股东大会","2020nian-bo-ke-xi-er-gu-dong-da-hui",{"title":455,"slug":456,"category":189,"order":457},"1967年10月 巴菲特致合伙人信","1967nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",28,{"title":459,"slug":460,"category":171,"order":457},"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":462,"slug":463,"category":197,"order":457},"2021年伯克希尔股东大会","2021nian-bo-ke-xi-er-gu-dong-da-hui",{"title":465,"slug":466,"category":189,"order":467},"1967年11月 巴菲特致合伙人信","1967nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",29,{"title":469,"slug":470,"category":171,"order":467},"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":472,"slug":473,"category":197,"order":467},"2022年伯克希尔股东大会","2022nian-bo-ke-xi-er-gu-dong-da-hui",{"title":475,"slug":476,"category":189,"order":477},"1967年中 巴菲特致合伙人信","1967nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",30,{"title":479,"slug":480,"category":171,"order":477},"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":482,"slug":483,"category":197,"order":477},"2023年伯克希尔股东大会","2023nian-bo-ke-xi-er-gu-dong-da-hui",{"title":485,"slug":486,"category":189,"order":487},"1968 巴菲特致合伙人信","1968-ba-fei-te-zhi-he-huo-ren-xin",31,{"title":489,"slug":490,"category":171,"order":487},"巴菲特：1998年华盛顿大学谈话","ba-fei-te-1998nian-hua-sheng-dun-da-xue-tan-hua",{"title":492,"slug":493,"category":197,"order":487},"2024年伯克希尔股东大会","2024nian-bo-ke-xi-er-gu-dong-da-hui",{"title":495,"slug":496,"category":189,"order":497},"1968 巴菲特致股东信","1968-ba-fei-te-zhi-gu-dong-xin",32,{"title":499,"slug":500,"category":171,"order":497},"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":502,"slug":503,"category":197,"order":497},"2025年伯克希尔股东大会","2025nian-bo-ke-xi-er-gu-dong-da-hui",{"title":505,"slug":506,"category":189,"order":507},"1968年11月 巴菲特致合伙人信","1968nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",33,{"title":509,"slug":510,"category":171,"order":507},"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":512,"slug":513,"category":197,"order":507},"2026年伯克希尔股东大会","2026nian-bo-ke-xi-er-gu-dong-da-hui",{"title":515,"slug":516,"category":189,"order":517},"1968年中 巴菲特致合伙人信","1968nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",34,{"title":519,"slug":520,"category":171,"order":517},"巴菲特：1999年巴菲特谈股市","ba-fei-te-1999nian-ba-fei-te-tan-gu-shi",{"title":522,"slug":523,"category":189,"order":524},"1969 巴菲特致股东信","1969-ba-fei-te-zhi-gu-dong-xin",35,{"title":526,"slug":527,"category":171,"order":524},"巴菲特：2001年佐治亚大学演讲","ba-fei-te-2001nian-zuo-zhi-ya-da-xue-yan-jiang",{"title":529,"slug":530,"category":189,"order":531},"1969年10月 巴菲特致合伙人信","1969nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",36,{"title":533,"slug":534,"category":171,"order":531},"巴菲特：2001年保险业的FDIC","ba-fei-te-2001nian-bao-xian-ye-de-fdic",{"title":536,"slug":537,"category":189,"order":538},"1969年12月 巴菲特致合伙人信","1969nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",37,{"title":540,"slug":541,"category":171,"order":538},"巴菲特：2001年对话内大商学院","ba-fei-te-2001nian-dui-hua-nei-da-shang-xue-yuan",{"title":543,"slug":544,"category":189,"order":545},"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":547,"slug":548,"category":171,"order":545},"巴菲特：2001年巴菲特谈股市","ba-fei-te-2001nian-ba-fei-te-tan-gu-shi",{"title":550,"slug":551,"category":189,"order":552},"1969年5月 巴菲特致合伙人信","1969nian-5yue-ba-fei-te-zhi-he-huo-ren-xin",39,{"title":554,"slug":555,"category":171,"order":552},"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":557,"slug":558,"category":189,"order":559},"1970 巴菲特致股东信","1970-ba-fei-te-zhi-gu-dong-xin",40,{"title":561,"slug":562,"category":171,"order":559},"巴菲特：2002年哥大商学院演讲","ba-fei-te-2002nian-ge-da-shang-xue-yuan-yan-jiang",{"title":564,"slug":565,"category":189,"order":566},"1970年2月 巴菲特致合伙人信","1970nian-2yue-ba-fei-te-zhi-he-huo-ren-xin",41,{"title":568,"slug":569,"category":171,"order":566},"巴菲特：2002年股票期权与常识","ba-fei-te-2002nian-gu-piao-qi-quan-yu-chang-shi",{"title":571,"slug":572,"category":189,"order":573},"1971 巴菲特致股东信","1971-ba-fei-te-zhi-gu-dong-xin",42,{"title":575,"slug":576,"category":171,"order":573},"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":578,"slug":579,"category":189,"order":580},"1972 巴菲特致股东信","1972-ba-fei-te-zhi-gu-dong-xin",43,{"title":582,"slug":583,"category":171,"order":580},"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":585,"slug":586,"category":189,"order":587},"1973 巴菲特致股东信","1973-ba-fei-te-zhi-gu-dong-xin",44,{"title":589,"slug":590,"category":171,"order":587},"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":592,"slug":593,"category":189,"order":594},"1974 巴菲特致股东信","1974-ba-fei-te-zhi-gu-dong-xin",45,{"title":596,"slug":597,"category":171,"order":594},"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":599,"slug":600,"category":189,"order":601},"1975 巴菲特致股东信","1975-ba-fei-te-zhi-gu-dong-xin",46,{"title":603,"slug":604,"category":171,"order":601},"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":606,"slug":607,"category":189,"order":608},"1976 巴菲特致股东信","1976-ba-fei-te-zhi-gu-dong-xin",47,{"title":610,"slug":611,"category":171,"order":608},"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":613,"slug":614,"category":189,"order":615},"1977 巴菲特致股东信","1977-ba-fei-te-zhi-gu-dong-xin",48,{"title":617,"slug":618,"category":171,"order":615},"巴菲特：2003年沃伦在担心什么","ba-fei-te-2003nian-wo-lun-zai-dan-xin-shi-me",{"title":620,"slug":621,"category":189,"order":622},"1978 巴菲特致股东信","1978-ba-fei-te-zhi-gu-dong-xin",49,{"title":624,"slug":625,"category":171,"order":622},"巴菲特：2003年股息巫术","ba-fei-te-2003nian-gu-xi-wu-shu",{"title":627,"slug":628,"category":189,"order":629},"1979 巴菲特致股东信","1979-ba-fei-te-zhi-gu-dong-xin",50,{"title":631,"slug":632,"category":171,"order":629},"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":634,"slug":635,"category":189,"order":636},"1980 巴菲特致股东信","1980-ba-fei-te-zhi-gu-dong-xin",51,{"title":638,"slug":639,"category":171,"order":636},"巴菲特：2004年专访苏珊·巴菲特","ba-fei-te-2004nian-zhuan-fang-su-shan-ba-fei-te",{"title":641,"slug":642,"category":189,"order":643},"1981 巴菲特致股东信","1981-ba-fei-te-zhi-gu-dong-xin",52,{"title":645,"slug":646,"category":171,"order":643},"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":648,"slug":649,"category":189,"order":650},"1982 巴菲特致股东信","1982-ba-fei-te-zhi-gu-dong-xin",53,{"title":652,"slug":653,"category":171,"order":650},"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":655,"slug":656,"category":189,"order":657},"1983 巴菲特致股东信","1983-ba-fei-te-zhi-gu-dong-xin",54,{"title":659,"slug":660,"category":171,"order":657},"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":662,"slug":663,"category":189,"order":664},"1984 巴菲特致股东信","1984-ba-fei-te-zhi-gu-dong-xin",55,{"title":666,"slug":667,"category":171,"order":664},"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":669,"slug":670,"category":189,"order":671},"1985 巴菲特致股东信","1985-ba-fei-te-zhi-gu-dong-xin",56,{"title":673,"slug":674,"category":171,"order":671},"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":676,"slug":677,"category":189,"order":678},"1986 巴菲特致股东信","1986-ba-fei-te-zhi-gu-dong-xin",57,{"title":680,"slug":681,"category":171,"order":678},"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":683,"slug":684,"category":189,"order":685},"1987 巴菲特致股东信","1987-ba-fei-te-zhi-gu-dong-xin",58,{"title":687,"slug":688,"category":171,"order":685},"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":690,"slug":691,"category":189,"order":692},"1988 巴菲特致股东信","1988-ba-fei-te-zhi-gu-dong-xin",59,{"title":694,"slug":695,"category":171,"order":692},"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":697,"slug":698,"category":189,"order":699},"1989 巴菲特致股东信","1989-ba-fei-te-zhi-gu-dong-xin",60,{"title":701,"slug":702,"category":171,"order":699},"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":704,"slug":705,"category":189,"order":706},"1990 巴菲特致股东信","1990-ba-fei-te-zhi-gu-dong-xin",61,{"title":708,"slug":709,"category":171,"order":706},"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":711,"slug":712,"category":189,"order":713},"1991 巴菲特致股东信","1991-ba-fei-te-zhi-gu-dong-xin",62,{"title":715,"slug":716,"category":171,"order":713},"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":718,"slug":719,"category":189,"order":720},"1992 巴菲特致股东信","1992-ba-fei-te-zhi-gu-dong-xin",63,{"title":722,"slug":723,"category":171,"order":720},"巴菲特：2006年慈善捐赠承诺","ba-fei-te-2006nian-ci-shan-juan-zeng-cheng-nuo",{"title":725,"slug":726,"category":189,"order":727},"1993 巴菲特致股东信","1993-ba-fei-te-zhi-gu-dong-xin",64,{"title":729,"slug":730,"category":171,"order":727},"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":732,"slug":733,"category":189,"order":734},"1994 巴菲特致股东信","1994-ba-fei-te-zhi-gu-dong-xin",65,{"title":736,"slug":737,"category":171,"order":734},"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":739,"slug":740,"category":189,"order":741},"1995 巴菲特致股东信","1995-ba-fei-te-zhi-gu-dong-xin",66,{"title":743,"slug":744,"category":171,"order":741},"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":746,"slug":747,"category":189,"order":748},"1996 巴菲特致股东信","1996-ba-fei-te-zhi-gu-dong-xin",67,{"title":750,"slug":751,"category":171,"order":748},"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":753,"slug":754,"category":189,"order":755},"1997 巴菲特致股东信","1997-ba-fei-te-zhi-gu-dong-xin",68,{"title":757,"slug":758,"category":171,"order":755},"巴菲特：2007年巴菲特接见Dardashti","ba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti",{"title":760,"slug":761,"category":189,"order":762},"1998 巴菲特致股东信","1998-ba-fei-te-zhi-gu-dong-xin",69,{"title":764,"slug":765,"category":171,"order":762},"巴菲特：2007年接受央视专访","ba-fei-te-2007nian-jie-shou-yang-shi-zhuan-fang",{"title":767,"slug":768,"category":189,"order":769},"1999 巴菲特致股东信","1999-ba-fei-te-zhi-gu-dong-xin",70,{"title":771,"slug":772,"category":171,"order":769},"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":774,"slug":775,"category":189,"order":776},"2000 巴菲特致股东信","2000-ba-fei-te-zhi-gu-dong-xin",71,{"title":778,"slug":779,"category":171,"order":776},"巴菲特：2007年查理罗斯专访","ba-fei-te-2007nian-cha-li-luo-si-zhuan-fang",{"title":781,"slug":782,"category":189,"order":783},"2001 巴菲特致股东信","2001-ba-fei-te-zhi-gu-dong-xin",72,{"title":785,"slug":786,"category":171,"order":783},"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":788,"slug":789,"category":189,"order":790},"2002 巴菲特致股东信","2002-ba-fei-te-zhi-gu-dong-xin",73,{"title":792,"slug":793,"category":171,"order":790},"巴菲特：2008年买入美国正当时","ba-fei-te-2008nian-mai-ru-mei-guo-zheng-dang-shi",{"title":795,"slug":796,"category":189,"order":797},"2003 巴菲特致股东信","2003-ba-fei-te-zhi-gu-dong-xin",74,{"title":799,"slug":800,"category":171,"order":797},"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":802,"slug":803,"category":189,"order":804},"2004 巴菲特致股东信","2004-ba-fei-te-zhi-gu-dong-xin",75,{"title":806,"slug":807,"category":171,"order":804},"巴菲特：2008年对话商学院学生","ba-fei-te-2008nian-dui-hua-shang-xue-yuan-xue-sheng",{"title":809,"slug":810,"category":189,"order":811},"2005 巴菲特致股东信","2005-ba-fei-te-zhi-gu-dong-xin",76,{"title":813,"slug":814,"category":171,"order":811},"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":816,"slug":817,"category":189,"order":818},"2006 巴菲特致股东信","2006-ba-fei-te-zhi-gu-dong-xin",77,{"title":820,"slug":821,"category":171,"order":818},"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":823,"slug":824,"category":189,"order":825},"2007 巴菲特致股东信","2007-ba-fei-te-zhi-gu-dong-xin",78,{"title":827,"slug":828,"category":171,"order":825},"巴菲特：2008年给保尔森的信","ba-fei-te-2008nian-gei-bao-er-sen-de-xin",{"title":830,"slug":831,"category":189,"order":832},"2008 巴菲特致股东信","2008-ba-fei-te-zhi-gu-dong-xin",79,{"title":834,"slug":835,"category":171,"order":832},"巴菲特：2008年解析经济危机","ba-fei-te-2008nian-jie-xi-jing-ji-wei-ji",{"title":837,"slug":838,"category":189,"order":839},"2009 巴菲特致股东信","2009-ba-fei-te-zhi-gu-dong-xin",80,{"title":841,"slug":842,"category":171,"order":839},"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":844,"slug":845,"category":189,"order":846},"2010 巴菲特致股东信","2010-ba-fei-te-zhi-gu-dong-xin",81,{"title":848,"slug":849,"category":171,"order":846},"巴菲特：2009年CNBC 专访","ba-fei-te-2009nian-cnbc-zhuan-fang",{"title":851,"slug":852,"category":189,"order":853},"2011 巴菲特致股东信","2011-ba-fei-te-zhi-gu-dong-xin",82,{"title":855,"slug":856,"category":171,"order":853},"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":858,"slug":859,"category":189,"order":860},"2012 巴菲特致股东信","2012-ba-fei-te-zhi-gu-dong-xin",83,{"title":862,"slug":863,"category":171,"order":860},"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":865,"slug":866,"category":189,"order":867},"2013 巴菲特致股东信","2013-ba-fei-te-zhi-gu-dong-xin",84,{"title":869,"slug":870,"category":171,"order":867},"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":872,"slug":873,"category":189,"order":874},"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":876,"slug":877,"category":171,"order":874},"巴菲特：2009年收购BNSF 铁路","ba-fei-te-2009nian-shou-gou-bnsf-tie-lu",{"title":879,"slug":880,"category":189,"order":881},"2014 副董事长的思考","2014-fu-dong-shi-chang-de-si-kao",86,{"title":883,"slug":884,"category":171,"order":881},"巴菲特：2009年美元效应","ba-fei-te-2009nian-mei-yuan-xiao-ying",{"title":886,"slug":887,"category":189,"order":888},"2014 巴菲特致股东信","2014-ba-fei-te-zhi-gu-dong-xin",87,{"title":890,"slug":891,"category":171,"order":888},"教学方法期刊","ba-fei-te-2009nian-a-ke-lun-da-xue-shang-xue-yuan-wen-da-shi-lu",{"title":893,"slug":894,"category":189,"order":895},"2015 巴菲特致股东信","2015-ba-fei-te-zhi-gu-dong-xin",88,{"title":897,"slug":898,"category":171,"order":895},"巴菲特：2010年\"捐赠誓言\"计划","ba-fei-te-2010nian-juan-zeng-shi-yan-ji-hua",{"title":900,"slug":901,"category":189,"order":902},"2016 巴菲特致股东信","2016-ba-fei-te-zhi-gu-dong-xin",89,{"title":904,"slug":905,"category":171,"order":902},"巴菲特：2010年CNBC 专访","ba-fei-te-2010nian-cnbc-zhuan-fang",{"title":907,"slug":908,"category":189,"order":909},"2017 巴菲特致股东信","2017-ba-fei-te-zhi-gu-dong-xin",90,{"title":911,"slug":912,"category":171,"order":909},"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":914,"slug":915,"category":189,"order":916},"2018 巴菲特致股东信","2018-ba-fei-te-zhi-gu-dong-xin",91,{"title":918,"slug":919,"category":171,"order":916},"巴菲特：2010年央视财经采访","ba-fei-te-2010nian-yang-shi-cai-jing-cai-fang",{"title":921,"slug":922,"category":189,"order":923},"2019 巴菲特致股东信","2019-ba-fei-te-zhi-gu-dong-xin",92,{"title":925,"slug":926,"category":171,"order":923},"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":928,"slug":929,"category":189,"order":930},"2020 巴菲特致股东信","2020-ba-fei-te-zhi-gu-dong-xin",93,{"title":932,"slug":933,"category":171,"order":930},"巴菲特：2010年慈善中国行","ba-fei-te-2010nian-ci-shan-zhong-guo-xing",{"title":935,"slug":936,"category":189,"order":937},"2021 巴菲特致股东信","2021-ba-fei-te-zhi-gu-dong-xin",94,{"title":939,"slug":940,"category":171,"order":937},"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":942,"slug":943,"category":189,"order":944},"2022 巴菲特致股东信","2022-ba-fei-te-zhi-gu-dong-xin",95,{"title":946,"slug":947,"category":171,"order":944},"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":949,"slug":950,"category":189,"order":951},"2023 巴菲特致股东信","2023-ba-fei-te-zhi-gu-dong-xin",96,{"title":953,"slug":954,"category":171,"order":951},"巴菲特：2011年500 亿美元的决定","ba-fei-te-2011nian-500-yi-mei-yuan-de-jue-ding",{"title":956,"slug":957,"category":189,"order":958},"2024 巴菲特致股东信","2024-ba-fei-te-zhi-gu-dong-xin",97,{"title":960,"slug":961,"category":171,"order":958},"巴菲特：2011年CNBC 专访","ba-fei-te-2011nian-cnbc-zhuan-fang",{"title":963,"slug":964,"category":189,"order":965},"2025 巴菲特致股东信","2025-ba-fei-te-zhi-gu-dong-xin",98,{"title":967,"slug":968,"category":171,"order":965},"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":970,"slug":971,"category":189,"order":972},"2025 感恩节致辞","2025-gan-en-jie-zhi-ci",99,{"title":974,"slug":975,"category":171,"order":972},"巴菲特：2011年查理·罗斯专访","ba-fei-te-2011nian-cha-li-luo-si-zhuan-fang",{"title":977,"slug":978,"category":189,"order":979},"2026 阿贝尔致股东信","2026-a-bei-er-zhi-gu-dong-xin",100,{"title":981,"slug":982,"category":171,"order":979},"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":984,"slug":985,"category":171,"order":986},"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":988,"slug":989,"category":171,"order":990},"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":992,"slug":993,"category":171,"order":994},"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":996,"slug":997,"category":171,"order":998},"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":1000,"slug":1001,"category":171,"order":1002},"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":1004,"slug":1005,"category":171,"order":1006},"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":1008,"slug":1009,"category":171,"order":1010},"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":1012,"slug":1013,"category":171,"order":1014},"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":1016,"slug":1017,"category":171,"order":1018},"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":1020,"slug":1021,"category":171,"order":1022},"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":1024,"slug":1025,"category":171,"order":1026},"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":1028,"slug":1029,"category":171,"order":1030},"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":1032,"slug":1033,"category":171,"order":1034},"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":1036,"slug":1037,"category":171,"order":1038},"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":1040,"slug":1041,"category":171,"order":1042},"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":1044,"slug":1045,"category":171,"order":1046},"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":1048,"slug":1049,"category":171,"order":1050},"巴菲特：2015年追忆唐基奥","ba-fei-te-2015nian-zhui-yi-tang-ji-ao",117,{"title":1052,"slug":1053,"category":171,"order":1054},"巴菲特：2015慈善承诺倡议","ba-fei-te-2015ci-shan-cheng-nuo-chang-yi",118,{"title":1056,"slug":1057,"category":171,"order":1058},"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":1060,"slug":1061,"category":171,"order":1062},"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":1064,"slug":1065,"category":171,"order":1066},"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":1068,"slug":1069,"category":171,"order":1070},"巴菲特：2017年接受CNBC采访","ba-fei-te-2017nian-jie-shou-cnbccai-fang",122,{"title":1072,"slug":1073,"category":171,"order":1074},"巴菲特：2017年接受PBS NEWS专访","ba-fei-te-2017nian-jie-shou-pbs-newszhuan-fang",123,{"title":1076,"slug":1077,"category":171,"order":1078},"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":1080,"slug":1081,"category":171,"order":1082},"巴菲特：2017年美国的未来","ba-fei-te-2017nian-mei-guo-de-wei-lai",125,{"title":1084,"slug":1085,"category":171,"order":1086},"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":1088,"slug":1089,"category":171,"order":1090},"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":1092,"slug":1093,"category":171,"order":1094},"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":1096,"slug":1097,"category":171,"order":1098},"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":1100,"slug":1101,"category":171,"order":1102},"巴菲特：2020年接受CNBC专访","ba-fei-te-2020nian-jie-shou-cnbczhuan-fang",130,{"title":1104,"slug":1105,"category":171,"order":1106},"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":1108,"slug":1109,"category":171,"order":1110},"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":1112,"slug":1113,"category":171,"order":1114},"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":1116,"slug":1117,"category":171,"order":1118},"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":1120,"slug":1121,"category":171,"order":1122},"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":1124,"slug":1125,"category":171,"order":1126},"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":1128,"slug":1129,"category":171,"order":1130},"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":1132,"slug":1133,"category":171,"order":1134},"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":1136,"slug":1137,"category":171,"order":1138},"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":1140,"slug":1141,"category":171,"order":1142},"巴菲特：2023年接受CNBC专访","ba-fei-te-2023nian-jie-shou-cnbczhuan-fang",140,{"title":1144,"slug":1145,"category":171,"order":1146},"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":1148,"slug":1149,"category":171,"order":1150},"巴菲特：2025年接受cbs采访","ba-fei-te-2025nian-jie-shou-cbscai-fang",142,{"title":1152,"slug":1153,"category":171,"order":1154},"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":1156,"slug":1157,"category":171,"order":1158},"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":1160,"slug":1161,"category":171,"order":1162},"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":1164,"slug":1165,"category":171,"order":1166},"巴菲特72条投资经典语录","ba-fei-te-72tiao-tou-zi-jing-dian-yu-lu",146,{"title":1168,"slug":1169,"category":171,"order":1170},"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":1172,"slug":1173,"category":171,"order":1174},"巴菲特：如何建立能力圈","ba-fei-te-ru-he-jian-li-neng-li-quan",148,{"title":1176,"slug":1177,"category":171,"order":1178},"巴菲特：巴菲特估值逻辑","ba-fei-te-ba-fei-te-gu-zhi-luo-ji",149,{"title":1180,"slug":1181,"category":171,"order":1182},"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":1184,"slug":1185,"category":171,"order":1186},"考夫曼：Glenair 企业文化","kao-fu-man-glenair-qi-ye-wen-hua",151,[1188,1192,1195,1198,1201,1204,1207,1210,1213,1217,1221,1224,1227,1230,1233,1236,1239,1242,1245,1248,1251,1254,1257,1260,1263,1267,1270,1273,1276,1279,1282,1285,1288,1291,1294,1298,1301,1304,1307,1310,1313,1316,1319,1323,1326,1329,1332,1335,1338,1341,1344,1347,1350,1353,1356,1359,1362,1365,1368,1371,1374,1377,1380,1383,1386,1389,1392,1395,1398,1401,1404,1409,1413,1417,1421,1425,1429,1433,1437,1441,1445,1449,1453,1457,1461,1465,1469,1473,1477,1481,1485],{"title":1189,"slug":1190,"category":1191,"order":190},"本分","benfen","核心哲学",{"title":1193,"slug":1194,"category":1191,"order":169},"平常心","pingchangxin",{"title":1196,"slug":1197,"category":1191,"order":210},"做对的事情","zuoduideshiqing",{"title":1199,"slug":1200,"category":1191,"order":220},"把事情做对","bashiqingzuodui",{"title":1202,"slug":1203,"category":1191,"order":230},"能力圈","nengliquan",{"title":1205,"slug":1206,"category":1191,"order":240},"不做什么","buzuoshenme",{"title":1208,"slug":1209,"category":1191,"order":250},"敢为天下后","ganweitianxiahou",{"title":1211,"slug":1212,"category":1191,"order":260},"消费者导向","xiaofeizhedaoxiang",{"title":1214,"slug":1215,"category":1216,"order":270},"价值投资","jiazhitouzi","投资理念",{"title":1218,"slug":1219,"category":1220,"order":280},"负债","fuzhai","财务指标",{"title":1222,"slug":1223,"category":1216,"order":280},"商业模式","shangyemoshi",{"title":1225,"slug":1226,"category":1216,"order":290},"护城河","huchenghe",{"title":1228,"slug":1229,"category":1220,"order":290},"净现金","jingxianjin",{"title":1231,"slug":1232,"category":1220,"order":300},"开销合理性","kaixiaohelixing",{"title":1234,"slug":1235,"category":1216,"order":300},"现金流","xianjinliu",{"title":1237,"slug":1238,"category":1220,"order":310},"真实利润","zhenshilirun",{"title":1240,"slug":1241,"category":1216,"order":310},"折现","zhexian",{"title":1243,"slug":1244,"category":1216,"order":320},"安全边际","anquanbianji",{"title":1246,"slug":1247,"category":1220,"order":320},"扣除商誉的净资产","jingzichan",{"title":1249,"slug":1250,"category":1216,"order":177},"基本面","jibenmian",{"title":1252,"slug":1253,"category":1216,"order":337},"机会成本","jihuichengben",{"title":1255,"slug":1256,"category":1216,"order":347},"长期持有","zhangqichiyou",{"title":1258,"slug":1259,"category":1216,"order":357},"投机","touji",{"title":1261,"slug":1262,"category":1216,"order":367},"止损","zhisun",{"title":1264,"slug":1265,"category":1266,"order":377},"企业文化","qiyewenhua","企业经营",{"title":1268,"slug":1269,"category":1266,"order":387},"品牌","pinpai",{"title":1271,"slug":1272,"category":1266,"order":397},"差异化","chayihua",{"title":1274,"slug":1275,"category":1266,"order":407},"用户体验","yonghutiyan",{"title":1277,"slug":1278,"category":1266,"order":417},"渠道","qudao",{"title":1280,"slug":1281,"category":1266,"order":427},"平台","pingtai",{"title":1283,"slug":1284,"category":1266,"order":437},"生态系统","shengtaixitong",{"title":1286,"slug":1287,"category":1266,"order":447},"单一产品","danyichanpin",{"title":1289,"slug":1290,"category":1266,"order":457},"造钟人","zaozhongren",{"title":1292,"slug":1293,"category":1266,"order":467},"利润之上的追求","lirunzhishangdezhuiqiu",{"title":1295,"slug":1296,"category":1297,"order":477},"进取心","jinquxin","品格与心性",{"title":1299,"slug":1300,"category":1297,"order":487},"耐心","naixin",{"title":1302,"slug":1303,"category":1297,"order":497},"责任心","zerenxin",{"title":1305,"slug":1306,"category":1297,"order":507},"爱心","aixin",{"title":1308,"slug":1309,"category":1297,"order":517},"信誉","xinyu",{"title":1311,"slug":1312,"category":1297,"order":524},"正直","zhengzhi",{"title":1314,"slug":1315,"category":1297,"order":531},"理性","lixing",{"title":1317,"slug":1318,"category":1297,"order":538},"长期主义","zhangqizhuyi",{"title":1320,"slug":1321,"category":1322,"order":979},"1999年 《都市快报》采访手记","duanyongping-1999nian-doushikuaibao-caifangshouji","访谈实录",{"title":1324,"slug":1325,"category":1322,"order":986},"1999年 步步高讲话","duanyongping-1999nian-bubugaojianghua",{"title":1327,"slug":1328,"category":1322,"order":990},"1999年做客人民大学精彩问答实录","duanyongping-1999nianzuokerenmindaxuejingcaiwendashilu",{"title":1330,"slug":1331,"category":1322,"order":994},"2000年 《销售与市场》杂志专访","duanyongping-2000nian-xiaoshouyushichang-zazhizhuanfang",{"title":1333,"slug":1334,"category":1322,"order":998},"2000年在央视“品牌与传播国际论坛”上的演讲","duanyongping-2000nianzaiyangshi-pinpaiyuchuanboguojiluntan-shangdeyanjiang",{"title":1336,"slug":1337,"category":1322,"order":1002},"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":1339,"slug":1340,"category":1322,"order":1006},"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":1342,"slug":1343,"category":1322,"order":1010},"2001年 我为什么要去读书？ —— 《读者》2001年11月刊","duanyongping-2001nian-woweishenmeyaoqudushu-duzhe-2001nian11yuekan",{"title":1345,"slug":1346,"category":1322,"order":1014},"2001年《世界经理人文摘》专访","duanyongping-2001nian-shijiejinglirenwenzhai-zhuanfang",{"title":1348,"slug":1349,"category":1322,"order":1018},"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":1351,"slug":1352,"category":1322,"order":1022},"2003年北京大学总裁班演讲座谈会全程实录","duanyongping-2003nianbeijingdaxuezongcaibanyanjiangzuotanhuiquanchengshilu",{"title":1354,"slug":1355,"category":1322,"order":1026},"2004财富人生—段永平 2004 采访","duanyongping-2004caifurensheng-duanyongping-2004-caifang",{"title":1357,"slug":1358,"category":1322,"order":1030},"2005年步步高十周年“记”念晚会：段永平发言","duanyongping-2005nianbubugaoshizhounian-ji-nianwanhui-duanyongpingfayan",{"title":1360,"slug":1361,"category":1322,"order":1034},"2006年 深度对话网易证券全程实录","duanyongping-2006nian-shenduduihuawangyizhengquanquanchengshilu",{"title":1363,"slug":1364,"category":1322,"order":1038},"2006年做客新浪财经频道聊天全实录","duanyongping-2006nianzuokexinlangcaijingpindaoliaotianquanshilu",{"title":1366,"slug":1367,"category":1322,"order":1042},"2006年浙大“实话实说”","duanyongping-2006nianzheda-shihuashishuo",{"title":1369,"slug":1370,"category":1322,"order":1046},"2007年与巴菲特共进午餐后网易专访","duanyongping-2007nianyubafeitegongjinwucanhouwangyizhuanfang",{"title":1372,"slug":1373,"category":1322,"order":1050},"2007年波士堂访谈","duanyongping-2007nianboshitangfangtan",{"title":1375,"slug":1376,"category":1322,"order":1054},"2009年 深度专访： 探讨公益人生，分享成功体会","duanyongping-2009nian-shenduzhuanfang-tantaogongyirensheng-fenxiangchenggongtihu",{"title":1378,"slug":1379,"category":1322,"order":1058},"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":1381,"slug":1382,"category":1322,"order":1062},"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":1384,"slug":1385,"category":1322,"order":1066},"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":1387,"slug":1388,"category":1322,"order":1070},"2011年买入苹果思考","duanyongping-2011nianmairupingguosikao",{"title":1390,"slug":1391,"category":1322,"order":1074},"2013年浙大演讲","duanyongping-2013nianzhedayanjiang",{"title":1393,"slug":1394,"category":1322,"order":1078},"2016年浙大60周年专访","duanyongping-2016nianzheda60zhounianzhuanfang",{"title":1396,"slug":1397,"category":1322,"order":1082},"2025年浙江大学演讲及问答完整版","duanyongping-2025nianzhejiangdaxueyanjiangjiwendawanzhengban",{"title":1399,"slug":1400,"category":1322,"order":1086},"2025年谈躺平与内卷、与王石交流子女教育","duanyongping-2025niantantangpingyuneijuan-yuwangshijiaoliuzinvjiaoyu",{"title":1402,"slug":1403,"category":1322,"order":1090},"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":1405,"slug":1406,"category":1407,"order":1408},"问答录：第一章 投资大道","dadaotouziwendalu-diyizhangtouzidadao","投资问答录",200,{"title":1410,"slug":1411,"category":1407,"order":1412},"问答录：第二章 商业模式和企业文化","dadaotouziwendalu-dierzhangshangyemoshiheqiyewenhua",201,{"title":1414,"slug":1415,"category":1407,"order":1416},"问答录：第三章 公司点评","dadaotouziwendalu-disanzhanggongsidianping",202,{"title":1418,"slug":1419,"category":1407,"order":1420},"问答录：第四章 人生箴言","dadaotouziwendalu-disizhangrenshengzhenyan",203,{"title":1422,"slug":1423,"category":1407,"order":1424},"问答录：第五章 演讲与访谈","dadaotouziwendalu-diwuzhangyanjiangyufangtan",204,{"title":1426,"slug":1427,"category":1407,"order":1428},"问答录：第六章 更新","dadaotouziwendalu-diliuzhangduzhegengxin",205,{"title":1430,"slug":1431,"category":1407,"order":1432},"商业逻辑篇：第1节：伟大企业","duanyongping-shangyeluoji-di1jie-weidaqiye",401,{"title":1434,"slug":1435,"category":1407,"order":1436},"商业逻辑篇：第2节：商业模式","duanyongping-shangyeluoji-di2jie-shangyemoshi",402,{"title":1438,"slug":1439,"category":1407,"order":1440},"商业逻辑篇：第3节：企业文化","duanyongping-shangyeluoji-di3jie-qiyewenhua",403,{"title":1442,"slug":1443,"category":1407,"order":1444},"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":1446,"slug":1447,"category":1407,"order":1448},"商业逻辑篇：第5节：品牌、营销与广告","duanyongping-shangyeluoji-di5jie-pinpai-yingxiao-yu-guanggao",405,{"title":1450,"slug":1451,"category":1407,"order":1452},"商业逻辑篇：第6节：收购和多元化","duanyongping-shangyeluoji-di6jie-shougouheduoyuanhua",406,{"title":1454,"slug":1455,"category":1407,"order":1456},"商业逻辑篇：第7节：Stop doing list（不为清单）","duanyongping-shangyeluoji-di7jie-stop-doing-list-buweiqingdan",407,{"title":1458,"slug":1459,"category":1407,"order":1460},"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":1462,"slug":1463,"category":1407,"order":1464},"投资逻辑篇：第1章：投资理念","duanyongping-touziluoji-di1zhang-touzilinian",410,{"title":1466,"slug":1467,"category":1407,"order":1468},"投资逻辑篇：第2章：投资理解","duanyongping-touziluoji-di2jie-touzilijie",411,{"title":1470,"slug":1471,"category":1407,"order":1472},"投资问答录：第3章 golf和投资","duanyongping-touziluoji-di3zhang-golfhetouzi",412,{"title":1474,"slug":1475,"category":1407,"order":1476},"投资逻辑篇：第4章 财务理解","duanyongping-touziwendalu-touziluoji-di4zhang-caiwulijie",413,{"title":1478,"slug":1479,"category":1407,"order":1480},"投资逻辑篇：第5章：估值逻辑","duanyongping-touziluoji-di5zhang-guzhiluoji",414,{"title":1482,"slug":1483,"category":1407,"order":1484},"投资逻辑篇：第6章 投资方法论","duanyongping-touziluoji-di6zhang-touzifangfalun",415,{"title":1486,"slug":1487,"category":1407,"order":1488},"投资逻辑篇：第7章：案例分析","duanyongping-touziluoji-di7zhang-anlifenxi",416,[1490,1493,1496,1499,1503,1507,1510,1514,1516,1519,1522,1525,1529,1532,1535,1538,1541,1545,1548,1551,1554,1557,1561,1564,1567,1569,1572,1575,1578,1581,1584,1587,1590,1593,1596,1599,1602,1605,1608,1611,1614,1617,1620,1623,1626,1629,1632,1635,1638,1641,1644,1647,1650,1653,1656,1659,1662,1665,1668,1671,1674,1677,1680,1683,1686,1689,1693,1696,1699,1702,1705,1709,1712,1715,1718],{"title":1202,"slug":1491,"category":1492,"order":190},"ability-circle","决策与战略",{"title":1494,"slug":1495,"category":1492,"order":169},"逆向思维","inversion",{"title":1252,"slug":1497,"category":1498,"order":210},"opportunity-cost","经济学",{"title":1500,"slug":1501,"category":1502,"order":220},"复利","compound-interest","数学与概率论",{"title":1504,"slug":1505,"category":1506,"order":230},"激励机制","incentives","心理学",{"title":1508,"slug":1509,"category":1502,"order":240},"概率思维","probabilistic-thinking",{"title":1511,"slug":1512,"category":1513,"order":250},"二阶效应","second-order-effects","哲学与逻辑",{"title":1243,"slug":1515,"category":1492,"order":260},"margin-of-safety",{"title":1517,"slug":1518,"category":1506,"order":270},"心理误判","psychology-of-misjudgment",{"title":1520,"slug":1521,"category":1492,"order":280},"检查清单","checklist",{"title":1523,"slug":1524,"category":1498,"order":290},"规模优势","scale-advantage",{"title":1526,"slug":1527,"category":1528,"order":300},"冗余与容错","redundancy","工程学\u002F系统",{"title":1530,"slug":1531,"category":1502,"order":310},"排列组合","combinatorics",{"title":1533,"slug":1534,"category":1502,"order":320},"费马-帕斯卡","fermat-pascal",{"title":1536,"slug":1537,"category":1502,"order":177},"均值回归","regression-to-the-mean",{"title":1539,"slug":1540,"category":1502,"order":337},"量化分析","quantitative-analysis",{"title":1542,"slug":1543,"category":1544,"order":347},"临界点\u002F相变","critical-point-phase-transition","物理学",{"title":1546,"slug":1547,"category":1544,"order":357},"平衡态","equilibrium",{"title":1549,"slug":1550,"category":1544,"order":367},"熵增定律","entropy",{"title":1552,"slug":1553,"category":1544,"order":377},"能量守恒","conservation-of-energy",{"title":1555,"slug":1556,"category":1544,"order":387},"杠杆原理","leverage",{"title":1558,"slug":1559,"category":1560,"order":397},"自然选择","natural-selection","生物学\u002F进化论",{"title":1562,"slug":1563,"category":1560,"order":407},"物竞天择","competition-for-resources",{"title":1565,"slug":1566,"category":1560,"order":417},"进化思维","evolutionary-thinking",{"title":1283,"slug":1568,"category":1560,"order":427},"ecosystem",{"title":1570,"slug":1571,"category":1506,"order":437},"爱好倾向","liking-tendency",{"title":1573,"slug":1574,"category":1506,"order":447},"讨厌倾向","disliking-tendency",{"title":1576,"slug":1577,"category":1506,"order":457},"避免怀疑倾向","doubt-avoidance-tendency",{"title":1579,"slug":1580,"category":1506,"order":467},"一致性倾向","consistency-tendency",{"title":1582,"slug":1583,"category":1506,"order":477},"好奇心倾向","curiosity-tendency",{"title":1585,"slug":1586,"category":1506,"order":487},"康德式公平","kantian-fairness",{"title":1588,"slug":1589,"category":1506,"order":497},"艳羡\u002F妒忌倾向","envy-jealousy-tendency",{"title":1591,"slug":1592,"category":1506,"order":507},"反馈倾向","reciprocation-tendency",{"title":1594,"slug":1595,"category":1506,"order":517},"权威误导","authority-misinfluence",{"title":1597,"slug":1598,"category":1506,"order":524},"重视理由","reason-respecting-tendency",{"title":1600,"slug":1601,"category":1506,"order":531},"过度乐观","over-optimism",{"title":1603,"slug":1604,"category":1506,"order":538},"损失厌恶","loss-aversion",{"title":1606,"slug":1607,"category":1506,"order":545},"否认倾向","denial-tendency",{"title":1609,"slug":1610,"category":1506,"order":552},"过度反应","overreaction-tendency",{"title":1612,"slug":1613,"category":1506,"order":559},"社群影响","social-influence",{"title":1615,"slug":1616,"category":1506,"order":566},"压力倾向","stress-influence-tendency",{"title":1618,"slug":1619,"category":1506,"order":573},"物质主义","materialism-tendency",{"title":1621,"slug":1622,"category":1506,"order":580},"废话倾向","twaddle-tendency",{"title":1624,"slug":1625,"category":1506,"order":587},"确认偏误","confirmation-bias",{"title":1627,"slug":1628,"category":1506,"order":594},"锚定效应","anchoring-effect",{"title":1630,"slug":1631,"category":1506,"order":601},"现时偏差","present-bias",{"title":1633,"slug":1634,"category":1506,"order":608},"贪婪倾向","greed-tendency",{"title":1636,"slug":1637,"category":1498,"order":615},"边际成本\u002F收益","marginal-cost-benefit",{"title":1639,"slug":1640,"category":1498,"order":622},"供需关系","supply-and-demand",{"title":1642,"slug":1643,"category":1498,"order":629},"帕累托最优","pareto-optimality",{"title":1645,"slug":1646,"category":1498,"order":636},"竞争性毁灭","creative-destruction",{"title":1648,"slug":1649,"category":1492,"order":643},"双轨分析","two-track-analysis",{"title":1651,"slug":1652,"category":1492,"order":650},"非线性思维","nonlinear-thinking",{"title":1654,"slug":1655,"category":1492,"order":657},"极化思考","extreme-thinking",{"title":1657,"slug":1658,"category":1492,"order":664},"必要功","necessary-work",{"title":1660,"slug":1661,"category":1528,"order":671},"停机问题","halting-problem",{"title":1663,"slug":1664,"category":1528,"order":678},"闭环系统","closed-loop-system",{"title":1666,"slug":1667,"category":1528,"order":685},"故障安全","fail-safe",{"title":1669,"slug":1670,"category":1528,"order":692},"反向设计","reverse-design",{"title":1672,"slug":1673,"category":1528,"order":699},"瓶颈分析","bottleneck-analysis",{"title":1675,"slug":1676,"category":1513,"order":706},"第一性原理","first-principles",{"title":1678,"slug":1679,"category":1513,"order":713},"证伪思维","falsification",{"title":1681,"slug":1682,"category":1513,"order":720},"奥卡姆剃刀","occams-razor",{"title":1684,"slug":1685,"category":1513,"order":727},"中道思维","middle-way",{"title":1687,"slug":1688,"category":1513,"order":734},"不可知论","agnosticism",{"title":1690,"slug":1691,"category":1692,"order":741},"大数定律","law-of-large-numbers","统计学",{"title":1694,"slug":1695,"category":1692,"order":748},"样本偏差","sample-bias",{"title":1697,"slug":1698,"category":1692,"order":755},"相关性≠因果","correlation-not-causation",{"title":1700,"slug":1701,"category":1692,"order":762},"幸存者偏差","survivorship-bias",{"title":1703,"slug":1704,"category":1692,"order":769},"基本比率","base-rate",{"title":1706,"slug":1707,"category":1708,"order":776},"社会认同","social-proof","社会学",{"title":1710,"slug":1711,"category":1708,"order":783},"部落本能","tribal-instinct",{"title":1713,"slug":1714,"category":1708,"order":790},"金蛋定律","golden-egg-rule",{"title":1716,"slug":1717,"category":1708,"order":797},"互利共生","mutualism",{"title":1719,"slug":1720,"category":1708,"order":804},"激励传导","incentive-transmission",1778147265758]