[{"data":1,"prerenderedAt":1619},["ShallowReactive",2],{"library-ba-fei-te-2003nian-gu-xi-wu-shu":3,"library-sidebar-buffett":83,"library-sidebar-dao":1085,"library-sidebar-models":1387},{"id":4,"title":5,"body":6,"category":69,"date":70,"description":71,"extension":72,"meta":73,"navigation":74,"order":75,"path":76,"seo":77,"seoDescription":71,"seoTitle":78,"slug":79,"stem":80,"__hash__":81,"_collection":82},"buffett\u002Fbuffett\u002Finterview\u002Fba-fei-te-2003nian-gu-xi-wu-shu.md","巴菲特：2003年股息巫术",{"type":7,"value":8,"toc":64},"minimark",[9,13,18,22,25,28,31,34,37,40,43,46,49,52,55,61],[10,11,5],"h1",{"id":12},"巴菲特2003年股息巫术",[14,15,17],"h2",{"id":16},"巴菲特股息巫术2003","巴菲特：股息巫术2003",[19,20,21],"p",{},"2003 年5 月20 日 《华盛顿邮报》A19 版",[19,23,24],{},"年度福布斯400 富豪榜表明，除了偶尔出现少数变动，富人确实越来越富有了。尽管如此，参议院上周投票决定为富人积累更多财富提供更多帮助。参议院决定，个人获得的股息应在2003 年免税50%，2004-2006 年100%免税，然后在2007 年再全额征税。参议院在设计这些\"之\"字形税制时所表现出的思维灵活性令人叹为观止。不过，参议院所做的努力也是显而易见的：如果这些修改获得通过，税收的天平将进一步向富人倾斜。",[19,26,27],{},"作为非濒危物种的一员，请允许我举例说明目前的天平是如何平衡的。我向联邦政府缴纳的税款，包括我的雇主伯克希尔哈撒韦公司为我缴纳的工资税，约占我收入的比例约30%，与我们办公室接待员缴纳的税款比例大致相同。我的情况并非特例，跟许多富人一样，我的收入是资本利得和普通收入的混合体，我也没有受到避税措施的影响，而且我从未使用过避税措施。因此，我的工资、投资和资本利得收入的税率要比我们的接待员略高一些。但她缴纳的工资税占收入的比例要比我高得多。",[19,29,30],{},"她并没有抱怨：我们都知道，我们很幸运出生在美国。但我更幸运的是，我一出生就具备资本配置的天赋，在过去的半个世纪里，这是我在这个国家所拥有的宝贵能力。这种价值大部分归功于美国，而不是我。如果我和这位接待员都出生在孟加拉国，情况就会大不相同。在那里，我们各自才能的市场价值并没有太大差异。",[19,32,33],{},"现在参议院表示，股息领取者应免税。假设这项措施获得通过，伯克希尔哈撒韦公司(现在不分红)的董事们因此决定明年分红10 亿美元。我持有伯克希尔31%的股份，将获得3.1 亿美元的额外收入，不需要再缴纳一毛钱的联邦税，我的税率将下降到3%。而我们的接待员呢？她仍需缴纳约30%的税款，这意味着她为政府反恐、发动战争和养老等方面活动所缴纳的税款比例约为我的10 倍。让我再说一遍：她的总体联邦税率将是我的10 倍。",[19,35,36],{},"在我年轻的时候，肯尼迪总统曾要求美国人为我们的国家\"付出任何代价，承担任何负担\"。面对这一挑战，如果伯克希尔的股息免税，我将支付的3%的联邦总税率似乎有点低。政府官员说，我钱包里突然多出的3.1 亿美元会刺激经济，因为我会将这笔钱用于投资，从而创造就业机会。但他们很容易就忘记了，如果伯克希尔留着这笔钱，它也会投资同样的金额，从而创造就业机会。",[19,38,39],{},"参议院的计划邀请公司(实际上是命令它们)在很大程度上扭曲它们的行为。如果该计划得以实施，股东们就会理所当然地要求他们所拥有的公司在2003 年不再支付股息，因为2003 年的股息将被部分征税，而在2004 年支付这些暂停的股息，因为2004 年的股息将被免税。同样在2006 年，即该计划的最后一年，公司应支付正常股息的两倍，然后在2007 年完全避免支付股息。",[19,41,42],{},"总之，很难想象还有什么比参议院制定的时间表更愚蠢的了。事实上，老布什总统就给这类活动起了个名字：\"巫术经济学\"(voodoo economics)。操纵税制改革的颁布和结束日期是安然式的会计，而最近要求公司公布诚实数字的国会，现在应该认真审视自己的做法。",[19,44,45],{},"削减股息税率的支持者认为，此举将刺激经济。当然，由于目前政府巨额且不断增长的赤字，大量的刺激措施应该已经在路上了。对于是否有必要在这方面采取更多行动，我没有强烈的观点。",[19,47,48],{},"但如果是这样的话，就不要对直接持有大量股票的人减税。通过401(k)持有股票的小额投资者已经享受到了税收优惠。相反，应该给那些既需要又愿意花钱的人减税。颁布一个社会保障税\"免税期\"，或为低收入人群提供固定金额的退税。向31 万个急需资金的家庭发放1000 美元，其对经济的刺激作用远远大于向我发放同样的3.1 亿美元。",[19,50,51],{},"当你听到减税的言论时，请记住，给某一类纳税人\"减税\"，现在或以后其他人就必须增加同等的负担。换句话说，如果我得到了减税，其他人就要付出相应的代价。政府无法为整个国家提供免费午餐。但是，它可以决定由谁来为午餐费买单。上周，参议院把该法案交给了错误的一方。",[19,53,54],{},"股息免税的支持者喜欢把批评者说成是阶级斗争的鼓吹者。但事实是，对我的阶级而言，他们的建议促进了阶级福利。",[56,57,58],"blockquote",{},[19,59,60],{},"沃伦巴菲特是多元化控股集团伯克希尔哈撒韦公司的CEO，也是《华盛顿邮报》公司的董事，该公司持有伯克希尔股份。©2003 年《华盛顿邮报》公司",[62,63],"hr",{},{"title":65,"searchDepth":66,"depth":66,"links":67},"",2,[68],{"id":16,"depth":66,"text":17},"访谈与文章",null,"巴菲特在《华盛顿邮报》撰文，批评参议院取消股息税的提案，警告财富集中加剧与社会不公。","md",{},true,49,"\u002Fbuffett\u002Finterview\u002Fba-fei-te-2003nian-gu-xi-wu-shu",{"title":5,"description":71},"巴菲特：2003年股息巫术｜巴菲特","ba-fei-te-2003nian-gu-xi-wu-shu","buffett\u002Finterview\u002Fba-fei-te-2003nian-gu-xi-wu-shu","fyY0gVmImf9DXie0FBDJNPSEdcjULGJIgMwU4uSdNWs","buffett",[84,89,92,96,99,102,105,109,112,115,119,122,125,129,132,135,139,142,145,149,152,155,159,162,165,169,172,175,179,182,185,189,192,195,199,202,205,209,212,215,219,222,225,229,232,235,239,242,245,249,252,255,259,262,265,269,272,275,279,282,285,289,292,295,299,302,305,309,312,315,319,322,325,329,332,335,339,342,345,349,352,355,359,362,365,369,372,375,379,382,385,389,392,395,399,402,405,409,412,415,419,422,426,429,433,436,440,443,447,450,454,457,461,464,468,471,475,478,482,485,489,492,496,499,503,506,510,513,517,520,523,524,528,531,535,538,542,545,549,552,556,559,563,566,570,573,577,580,584,587,591,594,598,601,605,608,612,615,619,622,626,629,633,636,640,643,647,650,654,657,661,664,668,671,675,678,682,685,689,692,696,699,703,706,710,713,717,720,724,727,731,734,738,741,745,748,752,755,759,762,766,769,773,776,780,783,787,790,794,797,801,804,808,811,815,818,822,825,829,832,836,839,843,846,850,853,857,860,864,867,871,874,878,881,885,889,893,897,901,905,909,913,917,921,925,929,933,937,941,945,949,953,957,961,965,969,973,977,981,985,989,993,997,1001,1005,1009,1013,1017,1021,1025,1029,1033,1037,1041,1045,1049,1053,1057,1061,1065,1069,1073,1077,1081],{"title":85,"slug":86,"category":87,"order":88},"1956 有限合伙协议","1956-you-xian-he-huo-xie-yi","致股东信",1,{"title":90,"slug":91,"category":69,"order":88},"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":93,"slug":94,"category":95,"order":88},"1994年伯克希尔股东大会","1994nian-bo-ke-xi-er-gu-dong-da-hui","股东大会",{"title":97,"slug":98,"category":87,"order":66},"1957 巴菲特致合伙人信","1957-ba-fei-te-zhi-he-huo-ren-xin",{"title":100,"slug":101,"category":69,"order":66},"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":103,"slug":104,"category":95,"order":66},"1995年伯克希尔股东大会","1995nian-bo-ke-xi-er-gu-dong-da-hui",{"title":106,"slug":107,"category":87,"order":108},"1958 巴菲特致合伙人信","1958-ba-fei-te-zhi-he-huo-ren-xin",3,{"title":110,"slug":111,"category":69,"order":108},"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":113,"slug":114,"category":95,"order":108},"1996年伯克希尔股东大会","1996nian-bo-ke-xi-er-gu-dong-da-hui",{"title":116,"slug":117,"category":87,"order":118},"1959 巴菲特致合伙人信","1959-ba-fei-te-zhi-he-huo-ren-xin",4,{"title":120,"slug":121,"category":69,"order":118},"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":123,"slug":124,"category":95,"order":118},"1997年伯克希尔股东大会","1997nian-bo-ke-xi-er-gu-dong-da-hui",{"title":126,"slug":127,"category":87,"order":128},"1960 巴菲特致合伙人信","1960-ba-fei-te-zhi-he-huo-ren-xin",5,{"title":130,"slug":131,"category":69,"order":128},"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":133,"slug":134,"category":95,"order":128},"1998年伯克希尔股东大会","1998nian-bo-ke-xi-er-gu-dong-da-hui",{"title":136,"slug":137,"category":87,"order":138},"1961 巴菲特致合伙人信","1961-ba-fei-te-zhi-he-huo-ren-xin",6,{"title":140,"slug":141,"category":69,"order":138},"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":143,"slug":144,"category":95,"order":138},"1999年伯克希尔股东大会","1999nian-bo-ke-xi-er-gu-dong-da-hui",{"title":146,"slug":147,"category":87,"order":148},"1961年中 巴菲特致合伙人信","1961nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",7,{"title":150,"slug":151,"category":69,"order":148},"巴菲特：1976年巴菲特谈GEICO","ba-fei-te-1976nian-ba-fei-te-tan-geico",{"title":153,"slug":154,"category":95,"order":148},"2000年伯克希尔股东大会","2000nian-bo-ke-xi-er-gu-dong-da-hui",{"title":156,"slug":157,"category":87,"order":158},"1962 巴菲特致合伙人信","1962-ba-fei-te-zhi-he-huo-ren-xin",8,{"title":160,"slug":161,"category":69,"order":158},"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":163,"slug":164,"category":95,"order":158},"2001年伯克希尔股东大会","2001nian-bo-ke-xi-er-gu-dong-da-hui",{"title":166,"slug":167,"category":87,"order":168},"1962年11月 巴菲特致合伙人信","1962nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",9,{"title":170,"slug":171,"category":69,"order":168},"巴菲特：1977年谈通货膨胀","ba-fei-te-1977nian-tan-tong-huo-peng-zhang",{"title":173,"slug":174,"category":95,"order":168},"2002年伯克希尔股东大会","2002nian-bo-ke-xi-er-gu-dong-da-hui",{"title":176,"slug":177,"category":87,"order":178},"1962年12月 巴菲特致合伙人信","1962nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",10,{"title":180,"slug":181,"category":69,"order":178},"巴菲特：1979年谈股市","ba-fei-te-1979nian-tan-gu-shi",{"title":183,"slug":184,"category":95,"order":178},"2003年伯克希尔股东大会","2003nian-bo-ke-xi-er-gu-dong-da-hui",{"title":186,"slug":187,"category":87,"order":188},"1962年中 巴菲特致合伙人信","1962nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",11,{"title":190,"slug":191,"category":69,"order":188},"巴菲特：1982年谈指数期货","ba-fei-te-1982nian-tan-zhi-shu-qi-huo",{"title":193,"slug":194,"category":95,"order":188},"2004年伯克希尔股东大会","2004nian-bo-ke-xi-er-gu-dong-da-hui",{"title":196,"slug":197,"category":87,"order":198},"1963 巴菲特致合伙人信","1963-ba-fei-te-zhi-he-huo-ren-xin",12,{"title":200,"slug":201,"category":69,"order":198},"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":203,"slug":204,"category":95,"order":198},"2005年伯克希尔股东大会","2005nian-bo-ke-xi-er-gu-dong-da-hui",{"title":206,"slug":207,"category":87,"order":208},"1963年11月 巴菲特致合伙人信","1963nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",13,{"title":210,"slug":211,"category":69,"order":208},"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":213,"slug":214,"category":95,"order":208},"2006年伯克希尔股东大会","2006nian-bo-ke-xi-er-gu-dong-da-hui",{"title":216,"slug":217,"category":87,"order":218},"1963年12月 巴菲特致合伙人信","1963nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",14,{"title":220,"slug":221,"category":69,"order":218},"巴菲特：1984年哥大商学院演讲","ba-fei-te-1984nian-ge-da-shang-xue-yuan-yan-jiang",{"title":223,"slug":224,"category":95,"order":218},"2007年伯克希尔股东大会","2007nian-bo-ke-xi-er-gu-dong-da-hui",{"title":226,"slug":227,"category":87,"order":228},"1963年中 巴菲特致合伙人信","1963nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",15,{"title":230,"slug":231,"category":69,"order":228},"巴菲特：1985年谈投资","ba-fei-te-1985nian-tan-tou-zi",{"title":233,"slug":234,"category":95,"order":228},"2008年伯克希尔股东大会","2008nian-bo-ke-xi-er-gu-dong-da-hui",{"title":236,"slug":237,"category":87,"order":238},"1964 巴菲特致合伙人信","1964-ba-fei-te-zhi-he-huo-ren-xin",16,{"title":240,"slug":241,"category":69,"order":238},"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":243,"slug":244,"category":95,"order":238},"2009年伯克希尔股东大会","2009nian-bo-ke-xi-er-gu-dong-da-hui",{"title":246,"slug":247,"category":87,"order":248},"1964年中 巴菲特致合伙人信","1964nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",17,{"title":250,"slug":251,"category":69,"order":248},"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":253,"slug":254,"category":95,"order":248},"2010年伯克希尔股东大会","2010nian-bo-ke-xi-er-gu-dong-da-hui",{"title":256,"slug":257,"category":87,"order":258},"1965 巴菲特致合伙人信","1965-ba-fei-te-zhi-he-huo-ren-xin",18,{"title":260,"slug":261,"category":69,"order":258},"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":263,"slug":264,"category":95,"order":258},"2011年伯克希尔股东大会","2011nian-bo-ke-xi-er-gu-dong-da-hui",{"title":266,"slug":267,"category":87,"order":268},"1965 巴菲特致股东信","1965-ba-fei-te-zhi-gu-dong-xin",19,{"title":270,"slug":271,"category":69,"order":268},"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":273,"slug":274,"category":95,"order":268},"2012年伯克希尔股东大会","2012nian-bo-ke-xi-er-gu-dong-da-hui",{"title":276,"slug":277,"category":87,"order":278},"1965年11月 巴菲特致合伙人信","1965nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",20,{"title":280,"slug":281,"category":69,"order":278},"巴菲特：1988年谈投资","ba-fei-te-1988nian-tan-tou-zi",{"title":283,"slug":284,"category":95,"order":278},"2013年伯克希尔股东大会","2013nian-bo-ke-xi-er-gu-dong-da-hui",{"title":286,"slug":287,"category":87,"order":288},"1965年中 巴菲特致合伙人信","1965nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",21,{"title":290,"slug":291,"category":69,"order":288},"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":293,"slug":294,"category":95,"order":288},"2014年伯克希尔股东大会","2014nian-bo-ke-xi-er-gu-dong-da-hui",{"title":296,"slug":297,"category":87,"order":298},"1966 巴菲特致合伙人信","1966-ba-fei-te-zhi-he-huo-ren-xin",22,{"title":300,"slug":301,"category":69,"order":298},"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":303,"slug":304,"category":95,"order":298},"2015年伯克希尔股东大会","2015nian-bo-ke-xi-er-gu-dong-da-hui",{"title":306,"slug":307,"category":87,"order":308},"1966 巴菲特致股东信","1966-ba-fei-te-zhi-gu-dong-xin",23,{"title":310,"slug":311,"category":69,"order":308},"巴菲特：1991年圣母大学演讲","ba-fei-te-1991nian-sheng-mu-da-xue-yan-jiang",{"title":313,"slug":314,"category":95,"order":308},"2016年伯克希尔股东大会","2016nian-bo-ke-xi-er-gu-dong-da-hui",{"title":316,"slug":317,"category":87,"order":318},"1966年11月 巴菲特致合伙人信","1966nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",24,{"title":320,"slug":321,"category":69,"order":318},"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":323,"slug":324,"category":95,"order":318},"2017年伯克希尔股东大会","2017nian-bo-ke-xi-er-gu-dong-da-hui",{"title":326,"slug":327,"category":87,"order":328},"1966年中 巴菲特致合伙人信","1966nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",25,{"title":330,"slug":331,"category":69,"order":328},"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":333,"slug":334,"category":95,"order":328},"2018年伯克希尔股东大会","2018nian-bo-ke-xi-er-gu-dong-da-hui",{"title":336,"slug":337,"category":87,"order":338},"1967 巴菲特致合伙人信","1967-ba-fei-te-zhi-he-huo-ren-xin",26,{"title":340,"slug":341,"category":69,"order":338},"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":343,"slug":344,"category":95,"order":338},"2019年伯克希尔股东大会","2019nian-bo-ke-xi-er-gu-dong-da-hui",{"title":346,"slug":347,"category":87,"order":348},"1967 巴菲特致股东信","1967-ba-fei-te-zhi-gu-dong-xin",27,{"title":350,"slug":351,"category":69,"order":348},"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":353,"slug":354,"category":95,"order":348},"2020年伯克希尔股东大会","2020nian-bo-ke-xi-er-gu-dong-da-hui",{"title":356,"slug":357,"category":87,"order":358},"1967年10月 巴菲特致合伙人信","1967nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",28,{"title":360,"slug":361,"category":69,"order":358},"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":363,"slug":364,"category":95,"order":358},"2021年伯克希尔股东大会","2021nian-bo-ke-xi-er-gu-dong-da-hui",{"title":366,"slug":367,"category":87,"order":368},"1967年11月 巴菲特致合伙人信","1967nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",29,{"title":370,"slug":371,"category":69,"order":368},"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":373,"slug":374,"category":95,"order":368},"2022年伯克希尔股东大会","2022nian-bo-ke-xi-er-gu-dong-da-hui",{"title":376,"slug":377,"category":87,"order":378},"1967年中 巴菲特致合伙人信","1967nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",30,{"title":380,"slug":381,"category":69,"order":378},"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":383,"slug":384,"category":95,"order":378},"2023年伯克希尔股东大会","2023nian-bo-ke-xi-er-gu-dong-da-hui",{"title":386,"slug":387,"category":87,"order":388},"1968 巴菲特致合伙人信","1968-ba-fei-te-zhi-he-huo-ren-xin",31,{"title":390,"slug":391,"category":69,"order":388},"巴菲特：1998年华盛顿大学谈话","ba-fei-te-1998nian-hua-sheng-dun-da-xue-tan-hua",{"title":393,"slug":394,"category":95,"order":388},"2024年伯克希尔股东大会","2024nian-bo-ke-xi-er-gu-dong-da-hui",{"title":396,"slug":397,"category":87,"order":398},"1968 巴菲特致股东信","1968-ba-fei-te-zhi-gu-dong-xin",32,{"title":400,"slug":401,"category":69,"order":398},"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":403,"slug":404,"category":95,"order":398},"2025年伯克希尔股东大会","2025nian-bo-ke-xi-er-gu-dong-da-hui",{"title":406,"slug":407,"category":87,"order":408},"1968年11月 巴菲特致合伙人信","1968nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",33,{"title":410,"slug":411,"category":69,"order":408},"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":413,"slug":414,"category":95,"order":408},"2026年伯克希尔股东大会","2026nian-bo-ke-xi-er-gu-dong-da-hui",{"title":416,"slug":417,"category":87,"order":418},"1968年中 巴菲特致合伙人信","1968nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",34,{"title":420,"slug":421,"category":69,"order":418},"巴菲特：1999年巴菲特谈股市","ba-fei-te-1999nian-ba-fei-te-tan-gu-shi",{"title":423,"slug":424,"category":87,"order":425},"1969 巴菲特致股东信","1969-ba-fei-te-zhi-gu-dong-xin",35,{"title":427,"slug":428,"category":69,"order":425},"巴菲特：2001年佐治亚大学演讲","ba-fei-te-2001nian-zuo-zhi-ya-da-xue-yan-jiang",{"title":430,"slug":431,"category":87,"order":432},"1969年10月 巴菲特致合伙人信","1969nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",36,{"title":434,"slug":435,"category":69,"order":432},"巴菲特：2001年保险业的FDIC","ba-fei-te-2001nian-bao-xian-ye-de-fdic",{"title":437,"slug":438,"category":87,"order":439},"1969年12月 巴菲特致合伙人信","1969nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",37,{"title":441,"slug":442,"category":69,"order":439},"巴菲特：2001年对话内大商学院","ba-fei-te-2001nian-dui-hua-nei-da-shang-xue-yuan",{"title":444,"slug":445,"category":87,"order":446},"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":448,"slug":449,"category":69,"order":446},"巴菲特：2001年巴菲特谈股市","ba-fei-te-2001nian-ba-fei-te-tan-gu-shi",{"title":451,"slug":452,"category":87,"order":453},"1969年5月 巴菲特致合伙人信","1969nian-5yue-ba-fei-te-zhi-he-huo-ren-xin",39,{"title":455,"slug":456,"category":69,"order":453},"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":458,"slug":459,"category":87,"order":460},"1970 巴菲特致股东信","1970-ba-fei-te-zhi-gu-dong-xin",40,{"title":462,"slug":463,"category":69,"order":460},"巴菲特：2002年哥大商学院演讲","ba-fei-te-2002nian-ge-da-shang-xue-yuan-yan-jiang",{"title":465,"slug":466,"category":87,"order":467},"1970年2月 巴菲特致合伙人信","1970nian-2yue-ba-fei-te-zhi-he-huo-ren-xin",41,{"title":469,"slug":470,"category":69,"order":467},"巴菲特：2002年股票期权与常识","ba-fei-te-2002nian-gu-piao-qi-quan-yu-chang-shi",{"title":472,"slug":473,"category":87,"order":474},"1971 巴菲特致股东信","1971-ba-fei-te-zhi-gu-dong-xin",42,{"title":476,"slug":477,"category":69,"order":474},"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":479,"slug":480,"category":87,"order":481},"1972 巴菲特致股东信","1972-ba-fei-te-zhi-gu-dong-xin",43,{"title":483,"slug":484,"category":69,"order":481},"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":486,"slug":487,"category":87,"order":488},"1973 巴菲特致股东信","1973-ba-fei-te-zhi-gu-dong-xin",44,{"title":490,"slug":491,"category":69,"order":488},"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":493,"slug":494,"category":87,"order":495},"1974 巴菲特致股东信","1974-ba-fei-te-zhi-gu-dong-xin",45,{"title":497,"slug":498,"category":69,"order":495},"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":500,"slug":501,"category":87,"order":502},"1975 巴菲特致股东信","1975-ba-fei-te-zhi-gu-dong-xin",46,{"title":504,"slug":505,"category":69,"order":502},"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":507,"slug":508,"category":87,"order":509},"1976 巴菲特致股东信","1976-ba-fei-te-zhi-gu-dong-xin",47,{"title":511,"slug":512,"category":69,"order":509},"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":514,"slug":515,"category":87,"order":516},"1977 巴菲特致股东信","1977-ba-fei-te-zhi-gu-dong-xin",48,{"title":518,"slug":519,"category":69,"order":516},"巴菲特：2003年沃伦在担心什么","ba-fei-te-2003nian-wo-lun-zai-dan-xin-shi-me",{"title":521,"slug":522,"category":87,"order":75},"1978 巴菲特致股东信","1978-ba-fei-te-zhi-gu-dong-xin",{"title":5,"slug":79,"category":69,"order":75},{"title":525,"slug":526,"category":87,"order":527},"1979 巴菲特致股东信","1979-ba-fei-te-zhi-gu-dong-xin",50,{"title":529,"slug":530,"category":69,"order":527},"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":532,"slug":533,"category":87,"order":534},"1980 巴菲特致股东信","1980-ba-fei-te-zhi-gu-dong-xin",51,{"title":536,"slug":537,"category":69,"order":534},"巴菲特：2004年专访苏珊·巴菲特","ba-fei-te-2004nian-zhuan-fang-su-shan-ba-fei-te",{"title":539,"slug":540,"category":87,"order":541},"1981 巴菲特致股东信","1981-ba-fei-te-zhi-gu-dong-xin",52,{"title":543,"slug":544,"category":69,"order":541},"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":546,"slug":547,"category":87,"order":548},"1982 巴菲特致股东信","1982-ba-fei-te-zhi-gu-dong-xin",53,{"title":550,"slug":551,"category":69,"order":548},"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":553,"slug":554,"category":87,"order":555},"1983 巴菲特致股东信","1983-ba-fei-te-zhi-gu-dong-xin",54,{"title":557,"slug":558,"category":69,"order":555},"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":560,"slug":561,"category":87,"order":562},"1984 巴菲特致股东信","1984-ba-fei-te-zhi-gu-dong-xin",55,{"title":564,"slug":565,"category":69,"order":562},"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":567,"slug":568,"category":87,"order":569},"1985 巴菲特致股东信","1985-ba-fei-te-zhi-gu-dong-xin",56,{"title":571,"slug":572,"category":69,"order":569},"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":574,"slug":575,"category":87,"order":576},"1986 巴菲特致股东信","1986-ba-fei-te-zhi-gu-dong-xin",57,{"title":578,"slug":579,"category":69,"order":576},"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":581,"slug":582,"category":87,"order":583},"1987 巴菲特致股东信","1987-ba-fei-te-zhi-gu-dong-xin",58,{"title":585,"slug":586,"category":69,"order":583},"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":588,"slug":589,"category":87,"order":590},"1988 巴菲特致股东信","1988-ba-fei-te-zhi-gu-dong-xin",59,{"title":592,"slug":593,"category":69,"order":590},"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":595,"slug":596,"category":87,"order":597},"1989 巴菲特致股东信","1989-ba-fei-te-zhi-gu-dong-xin",60,{"title":599,"slug":600,"category":69,"order":597},"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":602,"slug":603,"category":87,"order":604},"1990 巴菲特致股东信","1990-ba-fei-te-zhi-gu-dong-xin",61,{"title":606,"slug":607,"category":69,"order":604},"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":609,"slug":610,"category":87,"order":611},"1991 巴菲特致股东信","1991-ba-fei-te-zhi-gu-dong-xin",62,{"title":613,"slug":614,"category":69,"order":611},"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":616,"slug":617,"category":87,"order":618},"1992 巴菲特致股东信","1992-ba-fei-te-zhi-gu-dong-xin",63,{"title":620,"slug":621,"category":69,"order":618},"巴菲特：2006年慈善捐赠承诺","ba-fei-te-2006nian-ci-shan-juan-zeng-cheng-nuo",{"title":623,"slug":624,"category":87,"order":625},"1993 巴菲特致股东信","1993-ba-fei-te-zhi-gu-dong-xin",64,{"title":627,"slug":628,"category":69,"order":625},"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":630,"slug":631,"category":87,"order":632},"1994 巴菲特致股东信","1994-ba-fei-te-zhi-gu-dong-xin",65,{"title":634,"slug":635,"category":69,"order":632},"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":637,"slug":638,"category":87,"order":639},"1995 巴菲特致股东信","1995-ba-fei-te-zhi-gu-dong-xin",66,{"title":641,"slug":642,"category":69,"order":639},"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":644,"slug":645,"category":87,"order":646},"1996 巴菲特致股东信","1996-ba-fei-te-zhi-gu-dong-xin",67,{"title":648,"slug":649,"category":69,"order":646},"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":651,"slug":652,"category":87,"order":653},"1997 巴菲特致股东信","1997-ba-fei-te-zhi-gu-dong-xin",68,{"title":655,"slug":656,"category":69,"order":653},"巴菲特：2007年巴菲特接见Dardashti","ba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti",{"title":658,"slug":659,"category":87,"order":660},"1998 巴菲特致股东信","1998-ba-fei-te-zhi-gu-dong-xin",69,{"title":662,"slug":663,"category":69,"order":660},"巴菲特：2007年接受央视专访","ba-fei-te-2007nian-jie-shou-yang-shi-zhuan-fang",{"title":665,"slug":666,"category":87,"order":667},"1999 巴菲特致股东信","1999-ba-fei-te-zhi-gu-dong-xin",70,{"title":669,"slug":670,"category":69,"order":667},"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":672,"slug":673,"category":87,"order":674},"2000 巴菲特致股东信","2000-ba-fei-te-zhi-gu-dong-xin",71,{"title":676,"slug":677,"category":69,"order":674},"巴菲特：2007年查理罗斯专访","ba-fei-te-2007nian-cha-li-luo-si-zhuan-fang",{"title":679,"slug":680,"category":87,"order":681},"2001 巴菲特致股东信","2001-ba-fei-te-zhi-gu-dong-xin",72,{"title":683,"slug":684,"category":69,"order":681},"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":686,"slug":687,"category":87,"order":688},"2002 巴菲特致股东信","2002-ba-fei-te-zhi-gu-dong-xin",73,{"title":690,"slug":691,"category":69,"order":688},"巴菲特：2008年买入美国正当时","ba-fei-te-2008nian-mai-ru-mei-guo-zheng-dang-shi",{"title":693,"slug":694,"category":87,"order":695},"2003 巴菲特致股东信","2003-ba-fei-te-zhi-gu-dong-xin",74,{"title":697,"slug":698,"category":69,"order":695},"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":700,"slug":701,"category":87,"order":702},"2004 巴菲特致股东信","2004-ba-fei-te-zhi-gu-dong-xin",75,{"title":704,"slug":705,"category":69,"order":702},"巴菲特：2008年对话商学院学生","ba-fei-te-2008nian-dui-hua-shang-xue-yuan-xue-sheng",{"title":707,"slug":708,"category":87,"order":709},"2005 巴菲特致股东信","2005-ba-fei-te-zhi-gu-dong-xin",76,{"title":711,"slug":712,"category":69,"order":709},"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":714,"slug":715,"category":87,"order":716},"2006 巴菲特致股东信","2006-ba-fei-te-zhi-gu-dong-xin",77,{"title":718,"slug":719,"category":69,"order":716},"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":721,"slug":722,"category":87,"order":723},"2007 巴菲特致股东信","2007-ba-fei-te-zhi-gu-dong-xin",78,{"title":725,"slug":726,"category":69,"order":723},"巴菲特：2008年给保尔森的信","ba-fei-te-2008nian-gei-bao-er-sen-de-xin",{"title":728,"slug":729,"category":87,"order":730},"2008 巴菲特致股东信","2008-ba-fei-te-zhi-gu-dong-xin",79,{"title":732,"slug":733,"category":69,"order":730},"巴菲特：2008年解析经济危机","ba-fei-te-2008nian-jie-xi-jing-ji-wei-ji",{"title":735,"slug":736,"category":87,"order":737},"2009 巴菲特致股东信","2009-ba-fei-te-zhi-gu-dong-xin",80,{"title":739,"slug":740,"category":69,"order":737},"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":742,"slug":743,"category":87,"order":744},"2010 巴菲特致股东信","2010-ba-fei-te-zhi-gu-dong-xin",81,{"title":746,"slug":747,"category":69,"order":744},"巴菲特：2009年CNBC 专访","ba-fei-te-2009nian-cnbc-zhuan-fang",{"title":749,"slug":750,"category":87,"order":751},"2011 巴菲特致股东信","2011-ba-fei-te-zhi-gu-dong-xin",82,{"title":753,"slug":754,"category":69,"order":751},"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":756,"slug":757,"category":87,"order":758},"2012 巴菲特致股东信","2012-ba-fei-te-zhi-gu-dong-xin",83,{"title":760,"slug":761,"category":69,"order":758},"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":763,"slug":764,"category":87,"order":765},"2013 巴菲特致股东信","2013-ba-fei-te-zhi-gu-dong-xin",84,{"title":767,"slug":768,"category":69,"order":765},"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":770,"slug":771,"category":87,"order":772},"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":774,"slug":775,"category":69,"order":772},"巴菲特：2009年收购BNSF 铁路","ba-fei-te-2009nian-shou-gou-bnsf-tie-lu",{"title":777,"slug":778,"category":87,"order":779},"2014 副董事长的思考","2014-fu-dong-shi-chang-de-si-kao",86,{"title":781,"slug":782,"category":69,"order":779},"巴菲特：2009年美元效应","ba-fei-te-2009nian-mei-yuan-xiao-ying",{"title":784,"slug":785,"category":87,"order":786},"2014 巴菲特致股东信","2014-ba-fei-te-zhi-gu-dong-xin",87,{"title":788,"slug":789,"category":69,"order":786},"教学方法期刊","ba-fei-te-2009nian-a-ke-lun-da-xue-shang-xue-yuan-wen-da-shi-lu",{"title":791,"slug":792,"category":87,"order":793},"2015 巴菲特致股东信","2015-ba-fei-te-zhi-gu-dong-xin",88,{"title":795,"slug":796,"category":69,"order":793},"巴菲特：2010年\"捐赠誓言\"计划","ba-fei-te-2010nian-juan-zeng-shi-yan-ji-hua",{"title":798,"slug":799,"category":87,"order":800},"2016 巴菲特致股东信","2016-ba-fei-te-zhi-gu-dong-xin",89,{"title":802,"slug":803,"category":69,"order":800},"巴菲特：2010年CNBC 专访","ba-fei-te-2010nian-cnbc-zhuan-fang",{"title":805,"slug":806,"category":87,"order":807},"2017 巴菲特致股东信","2017-ba-fei-te-zhi-gu-dong-xin",90,{"title":809,"slug":810,"category":69,"order":807},"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":812,"slug":813,"category":87,"order":814},"2018 巴菲特致股东信","2018-ba-fei-te-zhi-gu-dong-xin",91,{"title":816,"slug":817,"category":69,"order":814},"巴菲特：2010年央视财经采访","ba-fei-te-2010nian-yang-shi-cai-jing-cai-fang",{"title":819,"slug":820,"category":87,"order":821},"2019 巴菲特致股东信","2019-ba-fei-te-zhi-gu-dong-xin",92,{"title":823,"slug":824,"category":69,"order":821},"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":826,"slug":827,"category":87,"order":828},"2020 巴菲特致股东信","2020-ba-fei-te-zhi-gu-dong-xin",93,{"title":830,"slug":831,"category":69,"order":828},"巴菲特：2010年慈善中国行","ba-fei-te-2010nian-ci-shan-zhong-guo-xing",{"title":833,"slug":834,"category":87,"order":835},"2021 巴菲特致股东信","2021-ba-fei-te-zhi-gu-dong-xin",94,{"title":837,"slug":838,"category":69,"order":835},"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":840,"slug":841,"category":87,"order":842},"2022 巴菲特致股东信","2022-ba-fei-te-zhi-gu-dong-xin",95,{"title":844,"slug":845,"category":69,"order":842},"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":847,"slug":848,"category":87,"order":849},"2023 巴菲特致股东信","2023-ba-fei-te-zhi-gu-dong-xin",96,{"title":851,"slug":852,"category":69,"order":849},"巴菲特：2011年500 亿美元的决定","ba-fei-te-2011nian-500-yi-mei-yuan-de-jue-ding",{"title":854,"slug":855,"category":87,"order":856},"2024 巴菲特致股东信","2024-ba-fei-te-zhi-gu-dong-xin",97,{"title":858,"slug":859,"category":69,"order":856},"巴菲特：2011年CNBC 专访","ba-fei-te-2011nian-cnbc-zhuan-fang",{"title":861,"slug":862,"category":87,"order":863},"2025 巴菲特致股东信","2025-ba-fei-te-zhi-gu-dong-xin",98,{"title":865,"slug":866,"category":69,"order":863},"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":868,"slug":869,"category":87,"order":870},"2025 感恩节致辞","2025-gan-en-jie-zhi-ci",99,{"title":872,"slug":873,"category":69,"order":870},"巴菲特：2011年查理·罗斯专访","ba-fei-te-2011nian-cha-li-luo-si-zhuan-fang",{"title":875,"slug":876,"category":87,"order":877},"2026 阿贝尔致股东信","2026-a-bei-er-zhi-gu-dong-xin",100,{"title":879,"slug":880,"category":69,"order":877},"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":882,"slug":883,"category":69,"order":884},"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":886,"slug":887,"category":69,"order":888},"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":890,"slug":891,"category":69,"order":892},"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":894,"slug":895,"category":69,"order":896},"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":898,"slug":899,"category":69,"order":900},"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":902,"slug":903,"category":69,"order":904},"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":906,"slug":907,"category":69,"order":908},"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":910,"slug":911,"category":69,"order":912},"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":914,"slug":915,"category":69,"order":916},"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":918,"slug":919,"category":69,"order":920},"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":922,"slug":923,"category":69,"order":924},"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":926,"slug":927,"category":69,"order":928},"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":930,"slug":931,"category":69,"order":932},"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":934,"slug":935,"category":69,"order":936},"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":938,"slug":939,"category":69,"order":940},"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":942,"slug":943,"category":69,"order":944},"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":946,"slug":947,"category":69,"order":948},"巴菲特：2015年追忆唐基奥","ba-fei-te-2015nian-zhui-yi-tang-ji-ao",117,{"title":950,"slug":951,"category":69,"order":952},"巴菲特：2015慈善承诺倡议","ba-fei-te-2015ci-shan-cheng-nuo-chang-yi",118,{"title":954,"slug":955,"category":69,"order":956},"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":958,"slug":959,"category":69,"order":960},"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":962,"slug":963,"category":69,"order":964},"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":966,"slug":967,"category":69,"order":968},"巴菲特：2017年接受CNBC采访","ba-fei-te-2017nian-jie-shou-cnbccai-fang",122,{"title":970,"slug":971,"category":69,"order":972},"巴菲特：2017年接受PBS NEWS专访","ba-fei-te-2017nian-jie-shou-pbs-newszhuan-fang",123,{"title":974,"slug":975,"category":69,"order":976},"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":978,"slug":979,"category":69,"order":980},"巴菲特：2017年美国的未来","ba-fei-te-2017nian-mei-guo-de-wei-lai",125,{"title":982,"slug":983,"category":69,"order":984},"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":986,"slug":987,"category":69,"order":988},"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":990,"slug":991,"category":69,"order":992},"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":994,"slug":995,"category":69,"order":996},"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":998,"slug":999,"category":69,"order":1000},"巴菲特：2020年接受CNBC专访","ba-fei-te-2020nian-jie-shou-cnbczhuan-fang",130,{"title":1002,"slug":1003,"category":69,"order":1004},"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":1006,"slug":1007,"category":69,"order":1008},"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":1010,"slug":1011,"category":69,"order":1012},"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":1014,"slug":1015,"category":69,"order":1016},"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":1018,"slug":1019,"category":69,"order":1020},"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":1022,"slug":1023,"category":69,"order":1024},"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":1026,"slug":1027,"category":69,"order":1028},"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":1030,"slug":1031,"category":69,"order":1032},"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":1034,"slug":1035,"category":69,"order":1036},"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":1038,"slug":1039,"category":69,"order":1040},"巴菲特：2023年接受CNBC专访","ba-fei-te-2023nian-jie-shou-cnbczhuan-fang",140,{"title":1042,"slug":1043,"category":69,"order":1044},"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":1046,"slug":1047,"category":69,"order":1048},"巴菲特：2025年接受cbs采访","ba-fei-te-2025nian-jie-shou-cbscai-fang",142,{"title":1050,"slug":1051,"category":69,"order":1052},"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":1054,"slug":1055,"category":69,"order":1056},"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":1058,"slug":1059,"category":69,"order":1060},"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":1062,"slug":1063,"category":69,"order":1064},"巴菲特72条投资经典语录","ba-fei-te-72tiao-tou-zi-jing-dian-yu-lu",146,{"title":1066,"slug":1067,"category":69,"order":1068},"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":1070,"slug":1071,"category":69,"order":1072},"巴菲特：如何建立能力圈","ba-fei-te-ru-he-jian-li-neng-li-quan",148,{"title":1074,"slug":1075,"category":69,"order":1076},"巴菲特：巴菲特估值逻辑","ba-fei-te-ba-fei-te-gu-zhi-luo-ji",149,{"title":1078,"slug":1079,"category":69,"order":1080},"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":1082,"slug":1083,"category":69,"order":1084},"考夫曼：Glenair 企业文化","kao-fu-man-glenair-qi-ye-wen-hua",151,[1086,1090,1093,1096,1099,1102,1105,1108,1111,1115,1119,1122,1125,1128,1131,1134,1137,1140,1143,1146,1149,1152,1155,1158,1161,1165,1168,1171,1174,1177,1180,1183,1186,1189,1192,1196,1199,1202,1205,1208,1211,1214,1217,1221,1224,1227,1230,1233,1236,1239,1242,1245,1248,1251,1254,1257,1260,1263,1266,1269,1272,1275,1278,1281,1284,1287,1290,1293,1296,1299,1302,1307,1311,1315,1319,1323,1327,1331,1335,1339,1343,1347,1351,1355,1359,1363,1367,1371,1375,1379,1383],{"title":1087,"slug":1088,"category":1089,"order":88},"本分","benfen","核心哲学",{"title":1091,"slug":1092,"category":1089,"order":66},"平常心","pingchangxin",{"title":1094,"slug":1095,"category":1089,"order":108},"做对的事情","zuoduideshiqing",{"title":1097,"slug":1098,"category":1089,"order":118},"把事情做对","bashiqingzuodui",{"title":1100,"slug":1101,"category":1089,"order":128},"能力圈","nengliquan",{"title":1103,"slug":1104,"category":1089,"order":138},"不做什么","buzuoshenme",{"title":1106,"slug":1107,"category":1089,"order":148},"敢为天下后","ganweitianxiahou",{"title":1109,"slug":1110,"category":1089,"order":158},"消费者导向","xiaofeizhedaoxiang",{"title":1112,"slug":1113,"category":1114,"order":168},"价值投资","jiazhitouzi","投资理念",{"title":1116,"slug":1117,"category":1118,"order":178},"负债","fuzhai","财务指标",{"title":1120,"slug":1121,"category":1114,"order":178},"商业模式","shangyemoshi",{"title":1123,"slug":1124,"category":1114,"order":188},"护城河","huchenghe",{"title":1126,"slug":1127,"category":1118,"order":188},"净现金","jingxianjin",{"title":1129,"slug":1130,"category":1118,"order":198},"开销合理性","kaixiaohelixing",{"title":1132,"slug":1133,"category":1114,"order":198},"现金流","xianjinliu",{"title":1135,"slug":1136,"category":1118,"order":208},"真实利润","zhenshilirun",{"title":1138,"slug":1139,"category":1114,"order":208},"折现","zhexian",{"title":1141,"slug":1142,"category":1114,"order":218},"安全边际","anquanbianji",{"title":1144,"slug":1145,"category":1118,"order":218},"扣除商誉的净资产","jingzichan",{"title":1147,"slug":1148,"category":1114,"order":228},"基本面","jibenmian",{"title":1150,"slug":1151,"category":1114,"order":238},"机会成本","jihuichengben",{"title":1153,"slug":1154,"category":1114,"order":248},"长期持有","zhangqichiyou",{"title":1156,"slug":1157,"category":1114,"order":258},"投机","touji",{"title":1159,"slug":1160,"category":1114,"order":268},"止损","zhisun",{"title":1162,"slug":1163,"category":1164,"order":278},"企业文化","qiyewenhua","企业经营",{"title":1166,"slug":1167,"category":1164,"order":288},"品牌","pinpai",{"title":1169,"slug":1170,"category":1164,"order":298},"差异化","chayihua",{"title":1172,"slug":1173,"category":1164,"order":308},"用户体验","yonghutiyan",{"title":1175,"slug":1176,"category":1164,"order":318},"渠道","qudao",{"title":1178,"slug":1179,"category":1164,"order":328},"平台","pingtai",{"title":1181,"slug":1182,"category":1164,"order":338},"生态系统","shengtaixitong",{"title":1184,"slug":1185,"category":1164,"order":348},"单一产品","danyichanpin",{"title":1187,"slug":1188,"category":1164,"order":358},"造钟人","zaozhongren",{"title":1190,"slug":1191,"category":1164,"order":368},"利润之上的追求","lirunzhishangdezhuiqiu",{"title":1193,"slug":1194,"category":1195,"order":378},"进取心","jinquxin","品格与心性",{"title":1197,"slug":1198,"category":1195,"order":388},"耐心","naixin",{"title":1200,"slug":1201,"category":1195,"order":398},"责任心","zerenxin",{"title":1203,"slug":1204,"category":1195,"order":408},"爱心","aixin",{"title":1206,"slug":1207,"category":1195,"order":418},"信誉","xinyu",{"title":1209,"slug":1210,"category":1195,"order":425},"正直","zhengzhi",{"title":1212,"slug":1213,"category":1195,"order":432},"理性","lixing",{"title":1215,"slug":1216,"category":1195,"order":439},"长期主义","zhangqizhuyi",{"title":1218,"slug":1219,"category":1220,"order":877},"1999年 《都市快报》采访手记","duanyongping-1999nian-doushikuaibao-caifangshouji","访谈实录",{"title":1222,"slug":1223,"category":1220,"order":884},"1999年 步步高讲话","duanyongping-1999nian-bubugaojianghua",{"title":1225,"slug":1226,"category":1220,"order":888},"1999年做客人民大学精彩问答实录","duanyongping-1999nianzuokerenmindaxuejingcaiwendashilu",{"title":1228,"slug":1229,"category":1220,"order":892},"2000年 《销售与市场》杂志专访","duanyongping-2000nian-xiaoshouyushichang-zazhizhuanfang",{"title":1231,"slug":1232,"category":1220,"order":896},"2000年在央视“品牌与传播国际论坛”上的演讲","duanyongping-2000nianzaiyangshi-pinpaiyuchuanboguojiluntan-shangdeyanjiang",{"title":1234,"slug":1235,"category":1220,"order":900},"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":1237,"slug":1238,"category":1220,"order":904},"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":1240,"slug":1241,"category":1220,"order":908},"2001年 我为什么要去读书？ —— 《读者》2001年11月刊","duanyongping-2001nian-woweishenmeyaoqudushu-duzhe-2001nian11yuekan",{"title":1243,"slug":1244,"category":1220,"order":912},"2001年《世界经理人文摘》专访","duanyongping-2001nian-shijiejinglirenwenzhai-zhuanfang",{"title":1246,"slug":1247,"category":1220,"order":916},"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":1249,"slug":1250,"category":1220,"order":920},"2003年北京大学总裁班演讲座谈会全程实录","duanyongping-2003nianbeijingdaxuezongcaibanyanjiangzuotanhuiquanchengshilu",{"title":1252,"slug":1253,"category":1220,"order":924},"2004财富人生—段永平 2004 采访","duanyongping-2004caifurensheng-duanyongping-2004-caifang",{"title":1255,"slug":1256,"category":1220,"order":928},"2005年步步高十周年“记”念晚会：段永平发言","duanyongping-2005nianbubugaoshizhounian-ji-nianwanhui-duanyongpingfayan",{"title":1258,"slug":1259,"category":1220,"order":932},"2006年 深度对话网易证券全程实录","duanyongping-2006nian-shenduduihuawangyizhengquanquanchengshilu",{"title":1261,"slug":1262,"category":1220,"order":936},"2006年做客新浪财经频道聊天全实录","duanyongping-2006nianzuokexinlangcaijingpindaoliaotianquanshilu",{"title":1264,"slug":1265,"category":1220,"order":940},"2006年浙大“实话实说”","duanyongping-2006nianzheda-shihuashishuo",{"title":1267,"slug":1268,"category":1220,"order":944},"2007年与巴菲特共进午餐后网易专访","duanyongping-2007nianyubafeitegongjinwucanhouwangyizhuanfang",{"title":1270,"slug":1271,"category":1220,"order":948},"2007年波士堂访谈","duanyongping-2007nianboshitangfangtan",{"title":1273,"slug":1274,"category":1220,"order":952},"2009年 深度专访： 探讨公益人生，分享成功体会","duanyongping-2009nian-shenduzhuanfang-tantaogongyirensheng-fenxiangchenggongtihu",{"title":1276,"slug":1277,"category":1220,"order":956},"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":1279,"slug":1280,"category":1220,"order":960},"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":1282,"slug":1283,"category":1220,"order":964},"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":1285,"slug":1286,"category":1220,"order":968},"2011年买入苹果思考","duanyongping-2011nianmairupingguosikao",{"title":1288,"slug":1289,"category":1220,"order":972},"2013年浙大演讲","duanyongping-2013nianzhedayanjiang",{"title":1291,"slug":1292,"category":1220,"order":976},"2016年浙大60周年专访","duanyongping-2016nianzheda60zhounianzhuanfang",{"title":1294,"slug":1295,"category":1220,"order":980},"2025年浙江大学演讲及问答完整版","duanyongping-2025nianzhejiangdaxueyanjiangjiwendawanzhengban",{"title":1297,"slug":1298,"category":1220,"order":984},"2025年谈躺平与内卷、与王石交流子女教育","duanyongping-2025niantantangpingyuneijuan-yuwangshijiaoliuzinvjiaoyu",{"title":1300,"slug":1301,"category":1220,"order":988},"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":1303,"slug":1304,"category":1305,"order":1306},"问答录：第一章 投资大道","dadaotouziwendalu-diyizhangtouzidadao","投资问答录",200,{"title":1308,"slug":1309,"category":1305,"order":1310},"问答录：第二章 商业模式和企业文化","dadaotouziwendalu-dierzhangshangyemoshiheqiyewenhua",201,{"title":1312,"slug":1313,"category":1305,"order":1314},"问答录：第三章 公司点评","dadaotouziwendalu-disanzhanggongsidianping",202,{"title":1316,"slug":1317,"category":1305,"order":1318},"问答录：第四章 人生箴言","dadaotouziwendalu-disizhangrenshengzhenyan",203,{"title":1320,"slug":1321,"category":1305,"order":1322},"问答录：第五章 演讲与访谈","dadaotouziwendalu-diwuzhangyanjiangyufangtan",204,{"title":1324,"slug":1325,"category":1305,"order":1326},"问答录：第六章 更新","dadaotouziwendalu-diliuzhangduzhegengxin",205,{"title":1328,"slug":1329,"category":1305,"order":1330},"商业逻辑篇：第1节：伟大企业","duanyongping-shangyeluoji-di1jie-weidaqiye",401,{"title":1332,"slug":1333,"category":1305,"order":1334},"商业逻辑篇：第2节：商业模式","duanyongping-shangyeluoji-di2jie-shangyemoshi",402,{"title":1336,"slug":1337,"category":1305,"order":1338},"商业逻辑篇：第3节：企业文化","duanyongping-shangyeluoji-di3jie-qiyewenhua",403,{"title":1340,"slug":1341,"category":1305,"order":1342},"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":1344,"slug":1345,"category":1305,"order":1346},"商业逻辑篇：第5节：品牌、营销与广告","duanyongping-shangyeluoji-di5jie-pinpai-yingxiao-yu-guanggao",405,{"title":1348,"slug":1349,"category":1305,"order":1350},"商业逻辑篇：第6节：收购和多元化","duanyongping-shangyeluoji-di6jie-shougouheduoyuanhua",406,{"title":1352,"slug":1353,"category":1305,"order":1354},"商业逻辑篇：第7节：Stop doing list（不为清单）","duanyongping-shangyeluoji-di7jie-stop-doing-list-buweiqingdan",407,{"title":1356,"slug":1357,"category":1305,"order":1358},"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":1360,"slug":1361,"category":1305,"order":1362},"投资逻辑篇：第1章：投资理念","duanyongping-touziluoji-di1zhang-touzilinian",410,{"title":1364,"slug":1365,"category":1305,"order":1366},"投资逻辑篇：第2章：投资理解","duanyongping-touziluoji-di2jie-touzilijie",411,{"title":1368,"slug":1369,"category":1305,"order":1370},"投资问答录：第3章 golf和投资","duanyongping-touziluoji-di3zhang-golfhetouzi",412,{"title":1372,"slug":1373,"category":1305,"order":1374},"投资逻辑篇：第4章 财务理解","duanyongping-touziwendalu-touziluoji-di4zhang-caiwulijie",413,{"title":1376,"slug":1377,"category":1305,"order":1378},"投资逻辑篇：第5章：估值逻辑","duanyongping-touziluoji-di5zhang-guzhiluoji",414,{"title":1380,"slug":1381,"category":1305,"order":1382},"投资逻辑篇：第6章 投资方法论","duanyongping-touziluoji-di6zhang-touzifangfalun",415,{"title":1384,"slug":1385,"category":1305,"order":1386},"投资逻辑篇：第7章：案例分析","duanyongping-touziluoji-di7zhang-anlifenxi",416,[1388,1391,1394,1397,1401,1405,1408,1412,1414,1417,1420,1423,1427,1430,1433,1436,1439,1443,1446,1449,1452,1455,1459,1462,1465,1467,1470,1473,1476,1479,1482,1485,1488,1491,1494,1497,1500,1503,1506,1509,1512,1515,1518,1521,1524,1527,1530,1533,1536,1539,1542,1545,1548,1551,1554,1557,1560,1563,1566,1569,1572,1575,1578,1581,1584,1587,1591,1594,1597,1600,1603,1607,1610,1613,1616],{"title":1100,"slug":1389,"category":1390,"order":88},"ability-circle","决策与战略",{"title":1392,"slug":1393,"category":1390,"order":66},"逆向思维","inversion",{"title":1150,"slug":1395,"category":1396,"order":108},"opportunity-cost","经济学",{"title":1398,"slug":1399,"category":1400,"order":118},"复利","compound-interest","数学与概率论",{"title":1402,"slug":1403,"category":1404,"order":128},"激励机制","incentives","心理学",{"title":1406,"slug":1407,"category":1400,"order":138},"概率思维","probabilistic-thinking",{"title":1409,"slug":1410,"category":1411,"order":148},"二阶效应","second-order-effects","哲学与逻辑",{"title":1141,"slug":1413,"category":1390,"order":158},"margin-of-safety",{"title":1415,"slug":1416,"category":1404,"order":168},"心理误判","psychology-of-misjudgment",{"title":1418,"slug":1419,"category":1390,"order":178},"检查清单","checklist",{"title":1421,"slug":1422,"category":1396,"order":188},"规模优势","scale-advantage",{"title":1424,"slug":1425,"category":1426,"order":198},"冗余与容错","redundancy","工程学\u002F系统",{"title":1428,"slug":1429,"category":1400,"order":208},"排列组合","combinatorics",{"title":1431,"slug":1432,"category":1400,"order":218},"费马-帕斯卡","fermat-pascal",{"title":1434,"slug":1435,"category":1400,"order":228},"均值回归","regression-to-the-mean",{"title":1437,"slug":1438,"category":1400,"order":238},"量化分析","quantitative-analysis",{"title":1440,"slug":1441,"category":1442,"order":248},"临界点\u002F相变","critical-point-phase-transition","物理学",{"title":1444,"slug":1445,"category":1442,"order":258},"平衡态","equilibrium",{"title":1447,"slug":1448,"category":1442,"order":268},"熵增定律","entropy",{"title":1450,"slug":1451,"category":1442,"order":278},"能量守恒","conservation-of-energy",{"title":1453,"slug":1454,"category":1442,"order":288},"杠杆原理","leverage",{"title":1456,"slug":1457,"category":1458,"order":298},"自然选择","natural-selection","生物学\u002F进化论",{"title":1460,"slug":1461,"category":1458,"order":308},"物竞天择","competition-for-resources",{"title":1463,"slug":1464,"category":1458,"order":318},"进化思维","evolutionary-thinking",{"title":1181,"slug":1466,"category":1458,"order":328},"ecosystem",{"title":1468,"slug":1469,"category":1404,"order":338},"爱好倾向","liking-tendency",{"title":1471,"slug":1472,"category":1404,"order":348},"讨厌倾向","disliking-tendency",{"title":1474,"slug":1475,"category":1404,"order":358},"避免怀疑倾向","doubt-avoidance-tendency",{"title":1477,"slug":1478,"category":1404,"order":368},"一致性倾向","consistency-tendency",{"title":1480,"slug":1481,"category":1404,"order":378},"好奇心倾向","curiosity-tendency",{"title":1483,"slug":1484,"category":1404,"order":388},"康德式公平","kantian-fairness",{"title":1486,"slug":1487,"category":1404,"order":398},"艳羡\u002F妒忌倾向","envy-jealousy-tendency",{"title":1489,"slug":1490,"category":1404,"order":408},"反馈倾向","reciprocation-tendency",{"title":1492,"slug":1493,"category":1404,"order":418},"权威误导","authority-misinfluence",{"title":1495,"slug":1496,"category":1404,"order":425},"重视理由","reason-respecting-tendency",{"title":1498,"slug":1499,"category":1404,"order":432},"过度乐观","over-optimism",{"title":1501,"slug":1502,"category":1404,"order":439},"损失厌恶","loss-aversion",{"title":1504,"slug":1505,"category":1404,"order":446},"否认倾向","denial-tendency",{"title":1507,"slug":1508,"category":1404,"order":453},"过度反应","overreaction-tendency",{"title":1510,"slug":1511,"category":1404,"order":460},"社群影响","social-influence",{"title":1513,"slug":1514,"category":1404,"order":467},"压力倾向","stress-influence-tendency",{"title":1516,"slug":1517,"category":1404,"order":474},"物质主义","materialism-tendency",{"title":1519,"slug":1520,"category":1404,"order":481},"废话倾向","twaddle-tendency",{"title":1522,"slug":1523,"category":1404,"order":488},"确认偏误","confirmation-bias",{"title":1525,"slug":1526,"category":1404,"order":495},"锚定效应","anchoring-effect",{"title":1528,"slug":1529,"category":1404,"order":502},"现时偏差","present-bias",{"title":1531,"slug":1532,"category":1404,"order":509},"贪婪倾向","greed-tendency",{"title":1534,"slug":1535,"category":1396,"order":516},"边际成本\u002F收益","marginal-cost-benefit",{"title":1537,"slug":1538,"category":1396,"order":75},"供需关系","supply-and-demand",{"title":1540,"slug":1541,"category":1396,"order":527},"帕累托最优","pareto-optimality",{"title":1543,"slug":1544,"category":1396,"order":534},"竞争性毁灭","creative-destruction",{"title":1546,"slug":1547,"category":1390,"order":541},"双轨分析","two-track-analysis",{"title":1549,"slug":1550,"category":1390,"order":548},"非线性思维","nonlinear-thinking",{"title":1552,"slug":1553,"category":1390,"order":555},"极化思考","extreme-thinking",{"title":1555,"slug":1556,"category":1390,"order":562},"必要功","necessary-work",{"title":1558,"slug":1559,"category":1426,"order":569},"停机问题","halting-problem",{"title":1561,"slug":1562,"category":1426,"order":576},"闭环系统","closed-loop-system",{"title":1564,"slug":1565,"category":1426,"order":583},"故障安全","fail-safe",{"title":1567,"slug":1568,"category":1426,"order":590},"反向设计","reverse-design",{"title":1570,"slug":1571,"category":1426,"order":597},"瓶颈分析","bottleneck-analysis",{"title":1573,"slug":1574,"category":1411,"order":604},"第一性原理","first-principles",{"title":1576,"slug":1577,"category":1411,"order":611},"证伪思维","falsification",{"title":1579,"slug":1580,"category":1411,"order":618},"奥卡姆剃刀","occams-razor",{"title":1582,"slug":1583,"category":1411,"order":625},"中道思维","middle-way",{"title":1585,"slug":1586,"category":1411,"order":632},"不可知论","agnosticism",{"title":1588,"slug":1589,"category":1590,"order":639},"大数定律","law-of-large-numbers","统计学",{"title":1592,"slug":1593,"category":1590,"order":646},"样本偏差","sample-bias",{"title":1595,"slug":1596,"category":1590,"order":653},"相关性≠因果","correlation-not-causation",{"title":1598,"slug":1599,"category":1590,"order":660},"幸存者偏差","survivorship-bias",{"title":1601,"slug":1602,"category":1590,"order":667},"基本比率","base-rate",{"title":1604,"slug":1605,"category":1606,"order":674},"社会认同","social-proof","社会学",{"title":1608,"slug":1609,"category":1606,"order":681},"部落本能","tribal-instinct",{"title":1611,"slug":1612,"category":1606,"order":688},"金蛋定律","golden-egg-rule",{"title":1614,"slug":1615,"category":1606,"order":695},"互利共生","mutualism",{"title":1617,"slug":1618,"category":1606,"order":702},"激励传导","incentive-transmission",1778147266427]