[{"data":1,"prerenderedAt":1808},["ShallowReactive",2],{"library-ba-fei-te-2005nian-yu-ta-ke-shang-xue-yuan-xue-sheng-dui-tan":3,"library-sidebar-buffett":272,"library-sidebar-dao":1274,"library-sidebar-models":1576},{"id":4,"title":5,"body":6,"category":258,"date":259,"description":260,"extension":261,"meta":262,"navigation":263,"order":264,"path":265,"seo":266,"seoDescription":260,"seoTitle":267,"slug":268,"stem":269,"__hash__":270,"_collection":271},"buffett\u002Fbuffett\u002Finterview\u002Fba-fei-te-2005nian-yu-ta-ke-shang-xue-yuan-xue-sheng-dui-tan.md","2005年：《巴菲特：2005年与塔克商学院学生对谈》",{"type":7,"value":8,"toc":254},"minimark",[9,13,17,21,31,37,42,45,48,51,56,59,62,67,70,111,114,119,122,125,130,133,138,141,147,150,153,156,159,162,165,168,171,174,177,180,183,186,189,192,195,198,201,204,207,210,213,216,219,222,225,228,231,234,237,240,243,248,251],[10,11,12],"title",{},"巴菲特：2005年与塔克商学院学生对谈",[14,15,5],"h1",{"id":16},"_2005年巴菲特2005年与塔克商学院学生对谈",[18,19,20],"p",{},"沃伦.巴菲特 2005年4月20日",[22,23,24,28],"ul",{},[25,26,27],"li",{},"标题：Visit to Warren Buffett by a group of MBA students from the Tuck School of Business",[25,29,30],{},"作者：Tuck School of Business",[18,32,33],{},[34,35,36],"strong",{},"2005 Tuck Trip 2005 年塔克之旅",[18,38,39],{},[34,40,41],{},"行程安排",[18,43,44],{},"8:15-9:45am 与执行副总裁鲍勃·巴特 (Bob Batt) 一起参观内布拉斯加州家具市场",[18,46,47],{},"上午 10 点至 11:30 在伯克希尔哈撒韦公司与沃伦·巴菲特讨论",[18,49,50],{},"11:45-2:15 PM 在 Gorat's Steakhouse 与沃伦·巴菲特共进午餐",[18,52,53],{},[34,54,55],{},"摘要",[18,57,58],{},"塔克商学院 49 名二年级学生和 Robert Howell 教授连续第二年飞往内布拉斯加州奥马哈，与传奇投资家、伯克希尔·哈撒韦公司董事长沃伦·巴菲特进行了两小时的问答环节。会议结束后，巴菲特先生带我们大家去高拉特牛排馆吃午餐。在我们会面之前，我们与执行副总裁鲍勃·巴特 (Bob Batt) 一起私人参观了伯克希尔旗下的内布拉斯加州家具市场。",[18,60,61],{},"我们对这次旅行抱有很高的期望，巴菲特先生超出了我们的期望。请参阅以下活动记录，以及对我们经验的一些简短反思。",[18,63,64],{},[34,65,66],{},"参观内布拉斯加州家具市场",[18,68,69],{},"进入这家巨大的家具超市后，鲍勃·巴特 (Bob Batt) 与员工杰夫 (Jeff) 和克里斯汀 (Kristen) 一起向我们打招呼，举着本周早些时候《华尔街日报》文章中刚刚报道过的“美国第一商学院”的标语。在参观过程中，我们从巴特先生那里得到了几点建议：",[22,71,72,75,78,81,84,87,90,93,96,99,102,105,108],{},[25,73,74],{},"关于周末\u002F节假日营业：“有顾客就在场营业”",[25,76,77],{},"萨姆·沃尔顿：“如果你不在意你的顾客，其他人会在意他们”",[25,79,80],{},"奥马哈的家具零售现在是一项全球性业务，中国和印度的事件将影响利润。",[25,82,83],{},"持续清洁非常重要，没有人会从肮脏的商店购买东西。",[25,85,86],{},"目标客户是女性，她们做出购买决定。",[25,88,89],{},"“你卖东西的时候可信度如何？”",[25,91,92],{},"从迪士尼乐园学到了人群控制，让排队的人乐在其中。",[25,94,95],{},"没有寄售，所有库存自有：“现金为王”——家具厂家会给支付现金的顾客折扣",[25,97,98],{},"1975年，NFM在龙卷风中失去了所有商店，第二天他们就向红十字会捐款。",[25,100,101],{},"NFM没有雇佣合同，61年来从未解雇过员工。",[25,103,104],{},"当被问及 NFM 的目标市场是什么时，巴特先生回答说“我们都想要”。",[25,106,107],{},"电视销售与内布拉斯加州的足球赛程高度相关。",[25,109,110],{},"“邻接”非常重要；将互补的物品彼此靠近展示。例如，出售椅子和沙发的地方附近摆放灯和地毯。",[18,112,113],{},"大约一个小时后，许多学生开始为他们未来的房子规划厨房和客厅。 多次提到了 NFM 的创建故事，也是我们与巴菲特先生会面时反复出现的主题。罗斯·布卢姆金，又名“ B 夫人”'于 1937 年用朋友和家人的 500 美元在她的地下室创立了 NFM。她不识字，也从未上过学，但却创建了当地最大的家具零售商。 1983年，NFM被卖给了巴菲特先生。在与现任管理团队发生意见分歧后，B夫人在97岁时又开了一家家具店。几年后，她将这家新的家具店卖给了伯克希尔公司，当时巴菲特先生明智地要求她签署一份为期 10 年的竞业禁止协议。她最大的财富就是她的激情，巴菲特先生认为这是商业成功的先决条件",[18,115,116],{},[34,117,118],{},"从 NFM 到伯克希尔总部的巴士行程",[18,120,121],{},"当我们开车穿过奥马哈时，司机打开扩音器告诉我们即将经过巴菲特先生的房子。我们无法辨别是哪一栋房子，在我们到达巴菲特先生家之前，我们指定的摄影师拍了几处错误的房子的照片。巴菲特先生的房子并不是这个街区最大的房子。当天晚些时候，我们对这一看法有了更多的了解。",[18,123,124],{},"与巴菲特的问答环节：我们会议的少数规则之一是禁止使用笔记本电脑，因此所有笔记都是用笔和纸做的。以下是我根据潦草的笔记和记忆抄录的内容，不应将其视为巴菲特先生的原话。",[18,126,127],{},[34,128,129],{},"介绍",[18,131,132],{},"\"当你入住酒店时，他们会给你一本小册子，上面写着'在奥马哈要做的事......你正在做'。在圣母大学，他们的更衣室里挂着一个牌子，上面写着'像冠军一样比赛'，在伯克希尔，我们也挂了一个牌子，上面写着'安全第一'。这两点对企业都很重要。当科学家马克斯-普朗克（Max Planck）在欧洲巡回演讲他的理论时，他做了很多次同样的演讲，最终他的司机记住了他的演讲。有一天，为了好玩，马克斯和他的司机互换了衣服，司机完美无瑕地发表了演讲，而马克斯则穿着司机的制服在台下观看。在开场问答时，司机收到了一位观众提出的一个极其复杂的技术问题，他摇了摇头，用气呼呼的语气回答说：'这个问题太简单了，我还是让我的司机来回答吧。关于这一点，请问我任何你想问的问题，简单或复杂的，除了我的投资以外的任何问题。\" \\巴菲特先生还祝贺我们被《华尔街日报》评为第一商学院。]",[18,134,135],{},[34,136,137],{},"问答环节",[18,139,140],{},"问：在您给股东的一封信中，您不情愿地称拜伦·特洛特为“一位赚取佣金的投资银行家”。您认为华尔街哪些方面做得好，哪些方面做得不好？",[18,142,143,146],{},[34,144,145],{},"巴菲特："," 华尔街很会赚钱。每增加一个单位的精力和智商，你在华尔街比在其他任何地方都能赚到更多的钱。另一方面，华尔街创造了许多产品，但并非所有产品都是好产品。“你不做，别人也会做 \"的感觉无处不在。HBO 有部电影将于 10 月份上映，名为《最后的机会》，讲述的是一名俄罗斯士兵被恐怖分子收买，偷窃武器，从而引发了一场核危机。他差点就不干了，但他们告诉他'如果你不干，别人也会干，所以还不如让你来拿钱'。这种想法让人们陷入困境，比如首席执行官管理收益。1985 年，克利夫兰的一家公司 Scott & Fetzer（一家包括世界图书百科全书在内的企业集团）要出售他们的业务，第一波士顿是他们的顾问，他们向 20 个买家发出了报价，但没有人上钩。伯克希尔公司没有收到报价，但我给卖方拉尔夫-谢伊先生发了一封信，说我们有兴趣，并做了这笔交易。由于第一波士顿公司要从任何交易中收取费用，在一次成交晚宴上，他们向查理提供了他们的投资分析书，查理回答说 \"不，谢谢\"。我们只买卖方关心业务去向的公司。",[18,148,149],{},"问：股票期权费用化对创业和小企业有何影响？",[18,151,152],{},"**巴菲特：**没多大影响。伯克希尔从未在我们的公司使用期权作为补偿。在 The Pampered Chef（伯克希尔收购的一家烹饪用具公司），我们的员工非常重视旅行奖励，将其视为一种额外的补偿。通常情况下，股票期权的接受者并不像授予者那样看重期权，或者说不应该看重期权。上世纪 90 年代，当我们与所罗门兄弟公司（Salomon Brothers）合作时，我并没有向员工授予股票期权，而是提出以股票期权现值的 80% 出售给他们。他们拒绝了。",[18,154,155],{},"问：您认为考虑到新兴市场的增长，石油价格是否合理？",[18,157,158],{},"**巴菲特：**从目前的信息来看，这个价格是合理的。2004 年，石油价格为 35 美元\u002F桶，2012 年的期货价格为 27 美元。如今，远期曲线是平的，市场认为这种价格会持续下去。美国目前有 50 万口产油井，国内已没有未被发现的石油。从美国的油井中抽出足够的原油大约需要一个小时，而生产出的汽油足够装满一个20加仑的油箱，而装满油箱大约需要一分钟。\\每人一个问题。此时，一名学生在提问前说这是一个由两部分组成的问题，以下是巴菲特先生的回答。］",[18,160,161],{},"我认识一对年长的夫妇，他们就是所谓的浪漫挑战者。一天晚上，他们坐下来享用了一顿亲密的晚餐，有蜡烛和葡萄酒，妻子感到了很长时间没有感受到的激动。她向丈夫建议他们上楼做爱。他回答说：“我可以选择其中之一，但不能两者都做。”这就是我思考两部分问题的方式。",[18,163,164],{},"问：您如何看待经济中的杠杆作用？",[18,166,167],{},"**巴菲特：**目前，我们是世界其他国家的巨额债务国。危险在于，我们的后代和他们的后代将不愿偿还这笔债务，或者换一种说法，他们将拒绝接受偿还这笔债务将给社会带来的成本。比方说，在独立战争期间，殖民者可以做出这样的选择：与其进行一场会付出成千上万人生命代价的血腥战争，不如同意永久向乔治王支付国民总收入的 5%，以换取完全独立和政治自由。现在，对于殖民者来说，这将是一笔巨大的交易，只需每年支付 5%，他们就有可能免于一死并获得自由。几十年后，他们的子女可能不认为这是一笔划算的交易，但仍然会从父母那里听到故事，并可能会支付这笔费用。但最终，三代或四代之后，会有足够多的美国人忘记这笔交易的初衷，并以某种方式要求改变条件--可能会再次与英国开战以停止支付。今天的危险在于，未来几代美国人将不愿意继续为今天的支出买单，并迫使采取可能产生负面后果的政治行动。",[18,169,170],{},"关于住房问题，让我们假设奥马哈通过了一项法律，规定任何人不得迁入或迁出，出生率与死亡率完全相等，唯一允许新建的住房只能用于替换损坏或毁坏的建筑物。换句话说，房地产供求关系完全稳定。现在让我们假设，为了增加财富，有人想出了这样一个主意：在每年年底，每个人都可以将自己房子的地契卖给邻居，每年小镇都会将每栋房子的价格提高 20%。居民们可以从镇外借钱来进行交易，纸面财富的增加让他们可以从内布拉斯加州以外进口更多的奢侈品。可以看出，奥马哈的经济并没有创造出真正的价值。",[18,172,173],{},"问：您有什么职业建议？",[18,175,176],{},"**巴菲特：**如果你想赚大钱，就去华尔街吧。但更重要的是，做你愿意免费做的事，对自己的工作充满热情才是最重要的。我热爱我的工作；我甚至没那么忙。昨天一整天，我一共接了五个电话，其中一个还是打错的。NFM 的 B 女士很有激情，这就是她成功的原因。几个月前，我和另一位 MBA 学生聊天，他很有才华，大约 30 岁，来自一所名校，简历也很出色。我问他想从事什么职业，他回答说，他想进入某个领域，但觉得应该先在麦肯锡工作几年，为自己的简历增光添彩。在我看来，这就像把性生活留到晚年一样。这毫无意义。",[18,178,179],{},"问：在您的许多信中，您都谈到了透过挡风玻璃而不是后视镜看问题的重要性。您认为当今人们通过后视镜错误地看待了哪些问题？",[18,181,182],{},"**巴菲特：**投资者总是在寻找圣杯，寻找下一个能在数年内带来业绩和养老金回报的好点子。现在，\"另类投资\"--私募股权投资、对冲基金，这些资产在科技泡沫破灭后的过去五年中表现优于普通股。现在有这么多资金在追逐这些理念，未来的回报可能不会那么好。到一定时候，普通股又会成为好的投资品种，关注它们的人会越来越少。",[18,184,185],{},"在伯克希尔，我们关注很多 \"超级猫\"（超级巨灾）保险业务，很少有公司会承保这些业务。我们面临的挑战是确定何时会发生模式转变，何时未来不再像过去一样。未来一百年的飓风活动很可能与过去一百年不同。另一个例子是，我们承保了很多 D and O 保险，即董事和高级职员责任险。安然事件后，我强烈地感觉到，与五年前相比，在普通陪审员观看了数小时关于所有丑闻的新闻报道之前，陪审团对公司欺诈等行为的受害者的处罚将更加严厉。目前还没有模型可以量化这种额外风险，但这种风险是历史数据无法反映的。",[18,187,188],{},"问：您对汉克·格林伯格的遭遇有何看法？",[18,190,191],{},"**巴菲特：**汉克是个了不起的人，他在纽约州北部长大，参加过诺曼底战役，代表 AIG 在全球各地不知疲倦地工作。如果人们认为 AIG 不那么完美，汉克也会非常反感，这可能是导致他出现问题的原因之一。对他来说，指责 AIG 的任何不当行为就像说自己的女儿丑一样，他无法客观地看待这件事。",[18,193,194],{},"问：在您的信中，您经常谈到不要使事情过于复杂化的重要性。保持生活简单的秘诀是什么？",[18,196,197],{},"**巴菲特：**在进行投资时，就当你在生活中有一张打卡机，上面只有 20 个方格，每次进行投资时，你都要打卡。这会约束你只做自己非常有信心的投资。显而易见的事情才能赚大钱。如果使用 8%与 10%的贴现率会决定一个投资想法的成败，那么这可能不是一个好主意。",[18,199,200],{},"早在 1951 年，穆迪公司就按行业出版了厚厚的手册，涉及所有流通股。我翻阅了所有的手册，长达数千页，因为我希望下一页就会出现一个好主意。我发现像全美保险公司和西部保险证券公司这样无人关注的公司，其交易价格远远低于其内在价值。去年，我们在韩国证券交易所发现了一家钢铁公司，该公司没有分析师报道，没有研究，但却是世界上最赚钱的钢铁公司。",[18,202,203],{},"问：如何成为一名成功的总经理？",[18,205,206],{},"**巴菲特：**首先，你必须了解自己的思维方式。你必须选择合适的环境。我无法想象要为数百人负责，还要整天去开会，所以我和另外 17 个人一起工作。而且，你必须对自己的工作充满热情。",[18,208,209],{},"问：您认为全球财富正在转移还是正在创造？",[18,211,212],{},"**巴菲特：**人们把太多的智慧和精力用于从资本主义的餐桌上拾取碎屑，而不是准备这顿饭。。",[18,214,215],{},"问：您如何识别非凡的业务能力？",[18,217,218],{},"**巴菲特：**还是激情。当 B 女士的儿子参加二战时，他们每天都有书信往来......谈论家具生意。上世纪 80 年代，伯克希尔公司收购了 NFM 公司 90% 的股份，我和 B 女士握手并签署了一份两页纸的协议。没有审计账目，没有尽职调查，我相信她的诚信。当沃尔玛把他们的一个经营单位卖给我时，他们的首席财务官来到我的办公室，我给了他一个价格，他给本顿维尔（阿肯色州-沃尔玛总部）打了电话，当天交易就完成了。我知道沃尔玛是怎么做生意的，当我们接手这个部门时，情况和他们描述的一模一样。伯克希尔的业务之一是 FlightSafety，创始人致力于防止死亡事故的发生，他并不为下一季度的数字所动。",[18,220,221],{},"问：您对教育有何看法？",[18,223,224],{},"**巴菲特：**比尔-盖茨认为我们（美国）落后了 \\（巴菲特先生与比尔-盖茨经常交谈） 与现在的孩子相比，我上公立学校时有一个很大的优势。在我上学的时候，女性的职业机会很少，所以很多非常有才华的女性成为了教师，我从她们的教导中受益匪浅。如今，职业机会越来越多，因此潜在的教师队伍缩小了。",[18,226,227],{},"问：您谈到了在职业生涯早期搭乘正确列车的重要性，您如何识别正确列车？",[18,229,230],{},"**巴菲特：**不要关注起薪。在我还不知道薪水是多少之前，我就接受了本杰明·格雷厄姆的第一份工作。做你热爱的事情。",[18,232,233],{},"问：中国和印度对美国经济有多重要？",[18,235,236],{},"**巴菲特：**我在美国出生的几率是五十分之一。我中了卵巢彩票。如果我出生在孟加拉国，我很可能不会有这么好的机会。作为人类，我们应该希望中国和印度取得成功，尽管这肯定会给许多美国人民造成混乱。",[18,238,239],{},"问：你有什么遗憾吗？",[18,241,242],{},"**巴菲特：**我太幸运了。回首往事，如果说我当时应该向右或向左转，那就大错特错了。如果你在每个洞都能一杆进洞，那你就打不了多久高尔夫球了。我相信向前看是有好处的。",[18,244,245],{},[34,246,247],{},"高拉特牛排馆",[18,249,250],{},"在巴菲特的办公室结束会议后，巴菲特先生请我们在距酒店约 10 分钟路程的 Gorat 牛排馆共进午餐。用餐过程中，一群群学生礼貌地轮流到他的餐桌旁。在开车去餐厅的路上，我总结了这次旅行的教训。巴菲特先生在他的车里带着我们五个人，三个在前面，三个在后面，他开车（没有开收音机），并在路上指出了一些奥马哈的企业和地标。巴菲特先生是如此彻底地解除了戒心、友善，并对过度使用的陈词滥调……“脚踏实地”表示歉意，以至于我不得不提醒自己，我旁边坐着的是谁。感觉就像是我朋友的爸爸开车送我们结束足球训练回家。",[18,252,253],{},"巴菲特先生谈到的主要主题--做自己感兴趣的事、要有激情、始终正直行事、不要随波逐流、尊重你的社区、最好的想法是显而易见的......都在乘车途中得到了具体体现。而巴菲特先生身上所蕴含的公信力则是最重要的因素。他并不是住在高楼大厦里，在随从的簇拥下，就 \"普通人 \"应该如何开展业务和生活发表建议。相反，在我们的会议上，他只是简单地描述了他自己的生活、他的经历、他观察到的在商业和投资中行得通和行不通的东西，以及他对未来的担忧。这对我们所有人的影响不仅仅是对巴菲特先生的钦佩，而是对我们自己坚持自我、确定个人成功愿景的能力重新燃起了信心和激情。也许，激励能力是巴菲特先生最宝贵的品质。",{"title":255,"searchDepth":256,"depth":256,"links":257},"",2,[],"访谈与文章",null,"巴菲特接待塔克商学院MBA学生访问，分享投资理念与职业建议，强调做热爱之事与培养核心技能。","md",{},true,56,"\u002Fbuffett\u002Finterview\u002Fba-fei-te-2005nian-yu-ta-ke-shang-xue-yuan-xue-sheng-dui-tan",{"title":5,"description":260},"巴菲特：2005年与塔克商学院学生对谈｜巴菲特","ba-fei-te-2005nian-yu-ta-ke-shang-xue-yuan-xue-sheng-dui-tan","buffett\u002Finterview\u002Fba-fei-te-2005nian-yu-ta-ke-shang-xue-yuan-xue-sheng-dui-tan","giZD-0cdJwGbT-kZ37OP46U0Ncap99eqfzPIluLSUEo","buffett",[273,278,281,285,288,291,294,298,301,304,308,311,314,318,321,324,328,331,334,338,341,344,348,351,354,358,361,364,368,371,374,378,381,384,388,391,394,398,401,404,408,411,414,418,421,424,428,431,434,438,441,444,448,451,454,458,461,464,468,471,474,478,481,484,488,491,494,498,501,504,508,511,514,518,521,524,528,531,534,538,541,544,548,551,554,558,561,564,568,571,574,578,581,584,588,591,594,598,601,604,608,611,615,618,622,625,629,632,636,639,643,646,650,653,657,660,664,667,671,674,678,681,685,688,692,695,699,702,706,709,713,716,720,723,727,730,734,737,741,744,748,751,755,758,761,762,766,769,773,776,780,783,787,790,794,797,801,804,808,811,815,818,822,825,829,832,836,839,843,846,850,853,857,860,864,867,871,874,878,881,885,888,892,895,899,902,906,909,913,916,920,923,927,930,934,937,941,944,948,951,955,958,962,965,969,972,976,979,983,986,990,993,997,1000,1004,1007,1011,1014,1018,1021,1025,1028,1032,1035,1039,1042,1046,1049,1053,1056,1060,1063,1067,1070,1074,1078,1082,1086,1090,1094,1098,1102,1106,1110,1114,1118,1122,1126,1130,1134,1138,1142,1146,1150,1154,1158,1162,1166,1170,1174,1178,1182,1186,1190,1194,1198,1202,1206,1210,1214,1218,1222,1226,1230,1234,1238,1242,1246,1250,1254,1258,1262,1266,1270],{"title":274,"slug":275,"category":276,"order":277},"1956 有限合伙协议","1956-you-xian-he-huo-xie-yi","致股东信",1,{"title":279,"slug":280,"category":258,"order":277},"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":282,"slug":283,"category":284,"order":277},"1994年伯克希尔股东大会","1994nian-bo-ke-xi-er-gu-dong-da-hui","股东大会",{"title":286,"slug":287,"category":276,"order":256},"1957 巴菲特致合伙人信","1957-ba-fei-te-zhi-he-huo-ren-xin",{"title":289,"slug":290,"category":258,"order":256},"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":292,"slug":293,"category":284,"order":256},"1995年伯克希尔股东大会","1995nian-bo-ke-xi-er-gu-dong-da-hui",{"title":295,"slug":296,"category":276,"order":297},"1958 巴菲特致合伙人信","1958-ba-fei-te-zhi-he-huo-ren-xin",3,{"title":299,"slug":300,"category":258,"order":297},"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":302,"slug":303,"category":284,"order":297},"1996年伯克希尔股东大会","1996nian-bo-ke-xi-er-gu-dong-da-hui",{"title":305,"slug":306,"category":276,"order":307},"1959 巴菲特致合伙人信","1959-ba-fei-te-zhi-he-huo-ren-xin",4,{"title":309,"slug":310,"category":258,"order":307},"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":312,"slug":313,"category":284,"order":307},"1997年伯克希尔股东大会","1997nian-bo-ke-xi-er-gu-dong-da-hui",{"title":315,"slug":316,"category":276,"order":317},"1960 巴菲特致合伙人信","1960-ba-fei-te-zhi-he-huo-ren-xin",5,{"title":319,"slug":320,"category":258,"order":317},"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":322,"slug":323,"category":284,"order":317},"1998年伯克希尔股东大会","1998nian-bo-ke-xi-er-gu-dong-da-hui",{"title":325,"slug":326,"category":276,"order":327},"1961 巴菲特致合伙人信","1961-ba-fei-te-zhi-he-huo-ren-xin",6,{"title":329,"slug":330,"category":258,"order":327},"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":332,"slug":333,"category":284,"order":327},"1999年伯克希尔股东大会","1999nian-bo-ke-xi-er-gu-dong-da-hui",{"title":335,"slug":336,"category":276,"order":337},"1961年中 巴菲特致合伙人信","1961nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",7,{"title":339,"slug":340,"category":258,"order":337},"巴菲特：1976年巴菲特谈GEICO","ba-fei-te-1976nian-ba-fei-te-tan-geico",{"title":342,"slug":343,"category":284,"order":337},"2000年伯克希尔股东大会","2000nian-bo-ke-xi-er-gu-dong-da-hui",{"title":345,"slug":346,"category":276,"order":347},"1962 巴菲特致合伙人信","1962-ba-fei-te-zhi-he-huo-ren-xin",8,{"title":349,"slug":350,"category":258,"order":347},"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":352,"slug":353,"category":284,"order":347},"2001年伯克希尔股东大会","2001nian-bo-ke-xi-er-gu-dong-da-hui",{"title":355,"slug":356,"category":276,"order":357},"1962年11月 巴菲特致合伙人信","1962nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",9,{"title":359,"slug":360,"category":258,"order":357},"巴菲特：1977年谈通货膨胀","ba-fei-te-1977nian-tan-tong-huo-peng-zhang",{"title":362,"slug":363,"category":284,"order":357},"2002年伯克希尔股东大会","2002nian-bo-ke-xi-er-gu-dong-da-hui",{"title":365,"slug":366,"category":276,"order":367},"1962年12月 巴菲特致合伙人信","1962nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",10,{"title":369,"slug":370,"category":258,"order":367},"巴菲特：1979年谈股市","ba-fei-te-1979nian-tan-gu-shi",{"title":372,"slug":373,"category":284,"order":367},"2003年伯克希尔股东大会","2003nian-bo-ke-xi-er-gu-dong-da-hui",{"title":375,"slug":376,"category":276,"order":377},"1962年中 巴菲特致合伙人信","1962nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",11,{"title":379,"slug":380,"category":258,"order":377},"巴菲特：1982年谈指数期货","ba-fei-te-1982nian-tan-zhi-shu-qi-huo",{"title":382,"slug":383,"category":284,"order":377},"2004年伯克希尔股东大会","2004nian-bo-ke-xi-er-gu-dong-da-hui",{"title":385,"slug":386,"category":276,"order":387},"1963 巴菲特致合伙人信","1963-ba-fei-te-zhi-he-huo-ren-xin",12,{"title":389,"slug":390,"category":258,"order":387},"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":392,"slug":393,"category":284,"order":387},"2005年伯克希尔股东大会","2005nian-bo-ke-xi-er-gu-dong-da-hui",{"title":395,"slug":396,"category":276,"order":397},"1963年11月 巴菲特致合伙人信","1963nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",13,{"title":399,"slug":400,"category":258,"order":397},"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":402,"slug":403,"category":284,"order":397},"2006年伯克希尔股东大会","2006nian-bo-ke-xi-er-gu-dong-da-hui",{"title":405,"slug":406,"category":276,"order":407},"1963年12月 巴菲特致合伙人信","1963nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",14,{"title":409,"slug":410,"category":258,"order":407},"巴菲特：1984年哥大商学院演讲","ba-fei-te-1984nian-ge-da-shang-xue-yuan-yan-jiang",{"title":412,"slug":413,"category":284,"order":407},"2007年伯克希尔股东大会","2007nian-bo-ke-xi-er-gu-dong-da-hui",{"title":415,"slug":416,"category":276,"order":417},"1963年中 巴菲特致合伙人信","1963nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",15,{"title":419,"slug":420,"category":258,"order":417},"巴菲特：1985年谈投资","ba-fei-te-1985nian-tan-tou-zi",{"title":422,"slug":423,"category":284,"order":417},"2008年伯克希尔股东大会","2008nian-bo-ke-xi-er-gu-dong-da-hui",{"title":425,"slug":426,"category":276,"order":427},"1964 巴菲特致合伙人信","1964-ba-fei-te-zhi-he-huo-ren-xin",16,{"title":429,"slug":430,"category":258,"order":427},"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":432,"slug":433,"category":284,"order":427},"2009年伯克希尔股东大会","2009nian-bo-ke-xi-er-gu-dong-da-hui",{"title":435,"slug":436,"category":276,"order":437},"1964年中 巴菲特致合伙人信","1964nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",17,{"title":439,"slug":440,"category":258,"order":437},"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":442,"slug":443,"category":284,"order":437},"2010年伯克希尔股东大会","2010nian-bo-ke-xi-er-gu-dong-da-hui",{"title":445,"slug":446,"category":276,"order":447},"1965 巴菲特致合伙人信","1965-ba-fei-te-zhi-he-huo-ren-xin",18,{"title":449,"slug":450,"category":258,"order":447},"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":452,"slug":453,"category":284,"order":447},"2011年伯克希尔股东大会","2011nian-bo-ke-xi-er-gu-dong-da-hui",{"title":455,"slug":456,"category":276,"order":457},"1965 巴菲特致股东信","1965-ba-fei-te-zhi-gu-dong-xin",19,{"title":459,"slug":460,"category":258,"order":457},"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":462,"slug":463,"category":284,"order":457},"2012年伯克希尔股东大会","2012nian-bo-ke-xi-er-gu-dong-da-hui",{"title":465,"slug":466,"category":276,"order":467},"1965年11月 巴菲特致合伙人信","1965nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",20,{"title":469,"slug":470,"category":258,"order":467},"巴菲特：1988年谈投资","ba-fei-te-1988nian-tan-tou-zi",{"title":472,"slug":473,"category":284,"order":467},"2013年伯克希尔股东大会","2013nian-bo-ke-xi-er-gu-dong-da-hui",{"title":475,"slug":476,"category":276,"order":477},"1965年中 巴菲特致合伙人信","1965nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",21,{"title":479,"slug":480,"category":258,"order":477},"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":482,"slug":483,"category":284,"order":477},"2014年伯克希尔股东大会","2014nian-bo-ke-xi-er-gu-dong-da-hui",{"title":485,"slug":486,"category":276,"order":487},"1966 巴菲特致合伙人信","1966-ba-fei-te-zhi-he-huo-ren-xin",22,{"title":489,"slug":490,"category":258,"order":487},"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":492,"slug":493,"category":284,"order":487},"2015年伯克希尔股东大会","2015nian-bo-ke-xi-er-gu-dong-da-hui",{"title":495,"slug":496,"category":276,"order":497},"1966 巴菲特致股东信","1966-ba-fei-te-zhi-gu-dong-xin",23,{"title":499,"slug":500,"category":258,"order":497},"巴菲特：1991年圣母大学演讲","ba-fei-te-1991nian-sheng-mu-da-xue-yan-jiang",{"title":502,"slug":503,"category":284,"order":497},"2016年伯克希尔股东大会","2016nian-bo-ke-xi-er-gu-dong-da-hui",{"title":505,"slug":506,"category":276,"order":507},"1966年11月 巴菲特致合伙人信","1966nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",24,{"title":509,"slug":510,"category":258,"order":507},"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":512,"slug":513,"category":284,"order":507},"2017年伯克希尔股东大会","2017nian-bo-ke-xi-er-gu-dong-da-hui",{"title":515,"slug":516,"category":276,"order":517},"1966年中 巴菲特致合伙人信","1966nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",25,{"title":519,"slug":520,"category":258,"order":517},"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":522,"slug":523,"category":284,"order":517},"2018年伯克希尔股东大会","2018nian-bo-ke-xi-er-gu-dong-da-hui",{"title":525,"slug":526,"category":276,"order":527},"1967 巴菲特致合伙人信","1967-ba-fei-te-zhi-he-huo-ren-xin",26,{"title":529,"slug":530,"category":258,"order":527},"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":532,"slug":533,"category":284,"order":527},"2019年伯克希尔股东大会","2019nian-bo-ke-xi-er-gu-dong-da-hui",{"title":535,"slug":536,"category":276,"order":537},"1967 巴菲特致股东信","1967-ba-fei-te-zhi-gu-dong-xin",27,{"title":539,"slug":540,"category":258,"order":537},"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":542,"slug":543,"category":284,"order":537},"2020年伯克希尔股东大会","2020nian-bo-ke-xi-er-gu-dong-da-hui",{"title":545,"slug":546,"category":276,"order":547},"1967年10月 巴菲特致合伙人信","1967nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",28,{"title":549,"slug":550,"category":258,"order":547},"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":552,"slug":553,"category":284,"order":547},"2021年伯克希尔股东大会","2021nian-bo-ke-xi-er-gu-dong-da-hui",{"title":555,"slug":556,"category":276,"order":557},"1967年11月 巴菲特致合伙人信","1967nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",29,{"title":559,"slug":560,"category":258,"order":557},"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":562,"slug":563,"category":284,"order":557},"2022年伯克希尔股东大会","2022nian-bo-ke-xi-er-gu-dong-da-hui",{"title":565,"slug":566,"category":276,"order":567},"1967年中 巴菲特致合伙人信","1967nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",30,{"title":569,"slug":570,"category":258,"order":567},"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":572,"slug":573,"category":284,"order":567},"2023年伯克希尔股东大会","2023nian-bo-ke-xi-er-gu-dong-da-hui",{"title":575,"slug":576,"category":276,"order":577},"1968 巴菲特致合伙人信","1968-ba-fei-te-zhi-he-huo-ren-xin",31,{"title":579,"slug":580,"category":258,"order":577},"巴菲特：1998年华盛顿大学谈话","ba-fei-te-1998nian-hua-sheng-dun-da-xue-tan-hua",{"title":582,"slug":583,"category":284,"order":577},"2024年伯克希尔股东大会","2024nian-bo-ke-xi-er-gu-dong-da-hui",{"title":585,"slug":586,"category":276,"order":587},"1968 巴菲特致股东信","1968-ba-fei-te-zhi-gu-dong-xin",32,{"title":589,"slug":590,"category":258,"order":587},"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":592,"slug":593,"category":284,"order":587},"2025年伯克希尔股东大会","2025nian-bo-ke-xi-er-gu-dong-da-hui",{"title":595,"slug":596,"category":276,"order":597},"1968年11月 巴菲特致合伙人信","1968nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",33,{"title":599,"slug":600,"category":258,"order":597},"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":602,"slug":603,"category":284,"order":597},"2026年伯克希尔股东大会","2026nian-bo-ke-xi-er-gu-dong-da-hui",{"title":605,"slug":606,"category":276,"order":607},"1968年中 巴菲特致合伙人信","1968nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",34,{"title":609,"slug":610,"category":258,"order":607},"巴菲特：1999年巴菲特谈股市","ba-fei-te-1999nian-ba-fei-te-tan-gu-shi",{"title":612,"slug":613,"category":276,"order":614},"1969 巴菲特致股东信","1969-ba-fei-te-zhi-gu-dong-xin",35,{"title":616,"slug":617,"category":258,"order":614},"巴菲特：2001年佐治亚大学演讲","ba-fei-te-2001nian-zuo-zhi-ya-da-xue-yan-jiang",{"title":619,"slug":620,"category":276,"order":621},"1969年10月 巴菲特致合伙人信","1969nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",36,{"title":623,"slug":624,"category":258,"order":621},"巴菲特：2001年保险业的FDIC","ba-fei-te-2001nian-bao-xian-ye-de-fdic",{"title":626,"slug":627,"category":276,"order":628},"1969年12月 巴菲特致合伙人信","1969nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",37,{"title":630,"slug":631,"category":258,"order":628},"巴菲特：2001年对话内大商学院","ba-fei-te-2001nian-dui-hua-nei-da-shang-xue-yuan",{"title":633,"slug":634,"category":276,"order":635},"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":637,"slug":638,"category":258,"order":635},"巴菲特：2001年巴菲特谈股市","ba-fei-te-2001nian-ba-fei-te-tan-gu-shi",{"title":640,"slug":641,"category":276,"order":642},"1969年5月 巴菲特致合伙人信","1969nian-5yue-ba-fei-te-zhi-he-huo-ren-xin",39,{"title":644,"slug":645,"category":258,"order":642},"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":647,"slug":648,"category":276,"order":649},"1970 巴菲特致股东信","1970-ba-fei-te-zhi-gu-dong-xin",40,{"title":651,"slug":652,"category":258,"order":649},"巴菲特：2002年哥大商学院演讲","ba-fei-te-2002nian-ge-da-shang-xue-yuan-yan-jiang",{"title":654,"slug":655,"category":276,"order":656},"1970年2月 巴菲特致合伙人信","1970nian-2yue-ba-fei-te-zhi-he-huo-ren-xin",41,{"title":658,"slug":659,"category":258,"order":656},"巴菲特：2002年股票期权与常识","ba-fei-te-2002nian-gu-piao-qi-quan-yu-chang-shi",{"title":661,"slug":662,"category":276,"order":663},"1971 巴菲特致股东信","1971-ba-fei-te-zhi-gu-dong-xin",42,{"title":665,"slug":666,"category":258,"order":663},"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":668,"slug":669,"category":276,"order":670},"1972 巴菲特致股东信","1972-ba-fei-te-zhi-gu-dong-xin",43,{"title":672,"slug":673,"category":258,"order":670},"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":675,"slug":676,"category":276,"order":677},"1973 巴菲特致股东信","1973-ba-fei-te-zhi-gu-dong-xin",44,{"title":679,"slug":680,"category":258,"order":677},"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":682,"slug":683,"category":276,"order":684},"1974 巴菲特致股东信","1974-ba-fei-te-zhi-gu-dong-xin",45,{"title":686,"slug":687,"category":258,"order":684},"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":689,"slug":690,"category":276,"order":691},"1975 巴菲特致股东信","1975-ba-fei-te-zhi-gu-dong-xin",46,{"title":693,"slug":694,"category":258,"order":691},"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":696,"slug":697,"category":276,"order":698},"1976 巴菲特致股东信","1976-ba-fei-te-zhi-gu-dong-xin",47,{"title":700,"slug":701,"category":258,"order":698},"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":703,"slug":704,"category":276,"order":705},"1977 巴菲特致股东信","1977-ba-fei-te-zhi-gu-dong-xin",48,{"title":707,"slug":708,"category":258,"order":705},"巴菲特：2003年沃伦在担心什么","ba-fei-te-2003nian-wo-lun-zai-dan-xin-shi-me",{"title":710,"slug":711,"category":276,"order":712},"1978 巴菲特致股东信","1978-ba-fei-te-zhi-gu-dong-xin",49,{"title":714,"slug":715,"category":258,"order":712},"巴菲特：2003年股息巫术","ba-fei-te-2003nian-gu-xi-wu-shu",{"title":717,"slug":718,"category":276,"order":719},"1979 巴菲特致股东信","1979-ba-fei-te-zhi-gu-dong-xin",50,{"title":721,"slug":722,"category":258,"order":719},"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":724,"slug":725,"category":276,"order":726},"1980 巴菲特致股东信","1980-ba-fei-te-zhi-gu-dong-xin",51,{"title":728,"slug":729,"category":258,"order":726},"巴菲特：2004年专访苏珊·巴菲特","ba-fei-te-2004nian-zhuan-fang-su-shan-ba-fei-te",{"title":731,"slug":732,"category":276,"order":733},"1981 巴菲特致股东信","1981-ba-fei-te-zhi-gu-dong-xin",52,{"title":735,"slug":736,"category":258,"order":733},"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":738,"slug":739,"category":276,"order":740},"1982 巴菲特致股东信","1982-ba-fei-te-zhi-gu-dong-xin",53,{"title":742,"slug":743,"category":258,"order":740},"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":745,"slug":746,"category":276,"order":747},"1983 巴菲特致股东信","1983-ba-fei-te-zhi-gu-dong-xin",54,{"title":749,"slug":750,"category":258,"order":747},"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":752,"slug":753,"category":276,"order":754},"1984 巴菲特致股东信","1984-ba-fei-te-zhi-gu-dong-xin",55,{"title":756,"slug":757,"category":258,"order":754},"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":759,"slug":760,"category":276,"order":264},"1985 巴菲特致股东信","1985-ba-fei-te-zhi-gu-dong-xin",{"title":5,"slug":268,"category":258,"order":264},{"title":763,"slug":764,"category":276,"order":765},"1986 巴菲特致股东信","1986-ba-fei-te-zhi-gu-dong-xin",57,{"title":767,"slug":768,"category":258,"order":765},"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":770,"slug":771,"category":276,"order":772},"1987 巴菲特致股东信","1987-ba-fei-te-zhi-gu-dong-xin",58,{"title":774,"slug":775,"category":258,"order":772},"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":777,"slug":778,"category":276,"order":779},"1988 巴菲特致股东信","1988-ba-fei-te-zhi-gu-dong-xin",59,{"title":781,"slug":782,"category":258,"order":779},"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":784,"slug":785,"category":276,"order":786},"1989 巴菲特致股东信","1989-ba-fei-te-zhi-gu-dong-xin",60,{"title":788,"slug":789,"category":258,"order":786},"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":791,"slug":792,"category":276,"order":793},"1990 巴菲特致股东信","1990-ba-fei-te-zhi-gu-dong-xin",61,{"title":795,"slug":796,"category":258,"order":793},"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":798,"slug":799,"category":276,"order":800},"1991 巴菲特致股东信","1991-ba-fei-te-zhi-gu-dong-xin",62,{"title":802,"slug":803,"category":258,"order":800},"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":805,"slug":806,"category":276,"order":807},"1992 巴菲特致股东信","1992-ba-fei-te-zhi-gu-dong-xin",63,{"title":809,"slug":810,"category":258,"order":807},"巴菲特：2006年慈善捐赠承诺","ba-fei-te-2006nian-ci-shan-juan-zeng-cheng-nuo",{"title":812,"slug":813,"category":276,"order":814},"1993 巴菲特致股东信","1993-ba-fei-te-zhi-gu-dong-xin",64,{"title":816,"slug":817,"category":258,"order":814},"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":819,"slug":820,"category":276,"order":821},"1994 巴菲特致股东信","1994-ba-fei-te-zhi-gu-dong-xin",65,{"title":823,"slug":824,"category":258,"order":821},"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":826,"slug":827,"category":276,"order":828},"1995 巴菲特致股东信","1995-ba-fei-te-zhi-gu-dong-xin",66,{"title":830,"slug":831,"category":258,"order":828},"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":833,"slug":834,"category":276,"order":835},"1996 巴菲特致股东信","1996-ba-fei-te-zhi-gu-dong-xin",67,{"title":837,"slug":838,"category":258,"order":835},"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":840,"slug":841,"category":276,"order":842},"1997 巴菲特致股东信","1997-ba-fei-te-zhi-gu-dong-xin",68,{"title":844,"slug":845,"category":258,"order":842},"巴菲特：2007年巴菲特接见Dardashti","ba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti",{"title":847,"slug":848,"category":276,"order":849},"1998 巴菲特致股东信","1998-ba-fei-te-zhi-gu-dong-xin",69,{"title":851,"slug":852,"category":258,"order":849},"巴菲特：2007年接受央视专访","ba-fei-te-2007nian-jie-shou-yang-shi-zhuan-fang",{"title":854,"slug":855,"category":276,"order":856},"1999 巴菲特致股东信","1999-ba-fei-te-zhi-gu-dong-xin",70,{"title":858,"slug":859,"category":258,"order":856},"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":861,"slug":862,"category":276,"order":863},"2000 巴菲特致股东信","2000-ba-fei-te-zhi-gu-dong-xin",71,{"title":865,"slug":866,"category":258,"order":863},"巴菲特：2007年查理罗斯专访","ba-fei-te-2007nian-cha-li-luo-si-zhuan-fang",{"title":868,"slug":869,"category":276,"order":870},"2001 巴菲特致股东信","2001-ba-fei-te-zhi-gu-dong-xin",72,{"title":872,"slug":873,"category":258,"order":870},"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":875,"slug":876,"category":276,"order":877},"2002 巴菲特致股东信","2002-ba-fei-te-zhi-gu-dong-xin",73,{"title":879,"slug":880,"category":258,"order":877},"巴菲特：2008年买入美国正当时","ba-fei-te-2008nian-mai-ru-mei-guo-zheng-dang-shi",{"title":882,"slug":883,"category":276,"order":884},"2003 巴菲特致股东信","2003-ba-fei-te-zhi-gu-dong-xin",74,{"title":886,"slug":887,"category":258,"order":884},"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":889,"slug":890,"category":276,"order":891},"2004 巴菲特致股东信","2004-ba-fei-te-zhi-gu-dong-xin",75,{"title":893,"slug":894,"category":258,"order":891},"巴菲特：2008年对话商学院学生","ba-fei-te-2008nian-dui-hua-shang-xue-yuan-xue-sheng",{"title":896,"slug":897,"category":276,"order":898},"2005 巴菲特致股东信","2005-ba-fei-te-zhi-gu-dong-xin",76,{"title":900,"slug":901,"category":258,"order":898},"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":903,"slug":904,"category":276,"order":905},"2006 巴菲特致股东信","2006-ba-fei-te-zhi-gu-dong-xin",77,{"title":907,"slug":908,"category":258,"order":905},"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":910,"slug":911,"category":276,"order":912},"2007 巴菲特致股东信","2007-ba-fei-te-zhi-gu-dong-xin",78,{"title":914,"slug":915,"category":258,"order":912},"巴菲特：2008年给保尔森的信","ba-fei-te-2008nian-gei-bao-er-sen-de-xin",{"title":917,"slug":918,"category":276,"order":919},"2008 巴菲特致股东信","2008-ba-fei-te-zhi-gu-dong-xin",79,{"title":921,"slug":922,"category":258,"order":919},"巴菲特：2008年解析经济危机","ba-fei-te-2008nian-jie-xi-jing-ji-wei-ji",{"title":924,"slug":925,"category":276,"order":926},"2009 巴菲特致股东信","2009-ba-fei-te-zhi-gu-dong-xin",80,{"title":928,"slug":929,"category":258,"order":926},"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":931,"slug":932,"category":276,"order":933},"2010 巴菲特致股东信","2010-ba-fei-te-zhi-gu-dong-xin",81,{"title":935,"slug":936,"category":258,"order":933},"巴菲特：2009年CNBC 专访","ba-fei-te-2009nian-cnbc-zhuan-fang",{"title":938,"slug":939,"category":276,"order":940},"2011 巴菲特致股东信","2011-ba-fei-te-zhi-gu-dong-xin",82,{"title":942,"slug":943,"category":258,"order":940},"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":945,"slug":946,"category":276,"order":947},"2012 巴菲特致股东信","2012-ba-fei-te-zhi-gu-dong-xin",83,{"title":949,"slug":950,"category":258,"order":947},"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":952,"slug":953,"category":276,"order":954},"2013 巴菲特致股东信","2013-ba-fei-te-zhi-gu-dong-xin",84,{"title":956,"slug":957,"category":258,"order":954},"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":959,"slug":960,"category":276,"order":961},"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":963,"slug":964,"category":258,"order":961},"巴菲特：2009年收购BNSF 铁路","ba-fei-te-2009nian-shou-gou-bnsf-tie-lu",{"title":966,"slug":967,"category":276,"order":968},"2014 副董事长的思考","2014-fu-dong-shi-chang-de-si-kao",86,{"title":970,"slug":971,"category":258,"order":968},"巴菲特：2009年美元效应","ba-fei-te-2009nian-mei-yuan-xiao-ying",{"title":973,"slug":974,"category":276,"order":975},"2014 巴菲特致股东信","2014-ba-fei-te-zhi-gu-dong-xin",87,{"title":977,"slug":978,"category":258,"order":975},"教学方法期刊","ba-fei-te-2009nian-a-ke-lun-da-xue-shang-xue-yuan-wen-da-shi-lu",{"title":980,"slug":981,"category":276,"order":982},"2015 巴菲特致股东信","2015-ba-fei-te-zhi-gu-dong-xin",88,{"title":984,"slug":985,"category":258,"order":982},"巴菲特：2010年\"捐赠誓言\"计划","ba-fei-te-2010nian-juan-zeng-shi-yan-ji-hua",{"title":987,"slug":988,"category":276,"order":989},"2016 巴菲特致股东信","2016-ba-fei-te-zhi-gu-dong-xin",89,{"title":991,"slug":992,"category":258,"order":989},"巴菲特：2010年CNBC 专访","ba-fei-te-2010nian-cnbc-zhuan-fang",{"title":994,"slug":995,"category":276,"order":996},"2017 巴菲特致股东信","2017-ba-fei-te-zhi-gu-dong-xin",90,{"title":998,"slug":999,"category":258,"order":996},"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":1001,"slug":1002,"category":276,"order":1003},"2018 巴菲特致股东信","2018-ba-fei-te-zhi-gu-dong-xin",91,{"title":1005,"slug":1006,"category":258,"order":1003},"巴菲特：2010年央视财经采访","ba-fei-te-2010nian-yang-shi-cai-jing-cai-fang",{"title":1008,"slug":1009,"category":276,"order":1010},"2019 巴菲特致股东信","2019-ba-fei-te-zhi-gu-dong-xin",92,{"title":1012,"slug":1013,"category":258,"order":1010},"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":1015,"slug":1016,"category":276,"order":1017},"2020 巴菲特致股东信","2020-ba-fei-te-zhi-gu-dong-xin",93,{"title":1019,"slug":1020,"category":258,"order":1017},"巴菲特：2010年慈善中国行","ba-fei-te-2010nian-ci-shan-zhong-guo-xing",{"title":1022,"slug":1023,"category":276,"order":1024},"2021 巴菲特致股东信","2021-ba-fei-te-zhi-gu-dong-xin",94,{"title":1026,"slug":1027,"category":258,"order":1024},"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":1029,"slug":1030,"category":276,"order":1031},"2022 巴菲特致股东信","2022-ba-fei-te-zhi-gu-dong-xin",95,{"title":1033,"slug":1034,"category":258,"order":1031},"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":1036,"slug":1037,"category":276,"order":1038},"2023 巴菲特致股东信","2023-ba-fei-te-zhi-gu-dong-xin",96,{"title":1040,"slug":1041,"category":258,"order":1038},"巴菲特：2011年500 亿美元的决定","ba-fei-te-2011nian-500-yi-mei-yuan-de-jue-ding",{"title":1043,"slug":1044,"category":276,"order":1045},"2024 巴菲特致股东信","2024-ba-fei-te-zhi-gu-dong-xin",97,{"title":1047,"slug":1048,"category":258,"order":1045},"巴菲特：2011年CNBC 专访","ba-fei-te-2011nian-cnbc-zhuan-fang",{"title":1050,"slug":1051,"category":276,"order":1052},"2025 巴菲特致股东信","2025-ba-fei-te-zhi-gu-dong-xin",98,{"title":1054,"slug":1055,"category":258,"order":1052},"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":1057,"slug":1058,"category":276,"order":1059},"2025 感恩节致辞","2025-gan-en-jie-zhi-ci",99,{"title":1061,"slug":1062,"category":258,"order":1059},"巴菲特：2011年查理·罗斯专访","ba-fei-te-2011nian-cha-li-luo-si-zhuan-fang",{"title":1064,"slug":1065,"category":276,"order":1066},"2026 阿贝尔致股东信","2026-a-bei-er-zhi-gu-dong-xin",100,{"title":1068,"slug":1069,"category":258,"order":1066},"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":1071,"slug":1072,"category":258,"order":1073},"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":1075,"slug":1076,"category":258,"order":1077},"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":1079,"slug":1080,"category":258,"order":1081},"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":1083,"slug":1084,"category":258,"order":1085},"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":1087,"slug":1088,"category":258,"order":1089},"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":1091,"slug":1092,"category":258,"order":1093},"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":1095,"slug":1096,"category":258,"order":1097},"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":1099,"slug":1100,"category":258,"order":1101},"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":1103,"slug":1104,"category":258,"order":1105},"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":1107,"slug":1108,"category":258,"order":1109},"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":1111,"slug":1112,"category":258,"order":1113},"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":1115,"slug":1116,"category":258,"order":1117},"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":1119,"slug":1120,"category":258,"order":1121},"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":1123,"slug":1124,"category":258,"order":1125},"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":1127,"slug":1128,"category":258,"order":1129},"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":1131,"slug":1132,"category":258,"order":1133},"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":1135,"slug":1136,"category":258,"order":1137},"巴菲特：2015年追忆唐基奥","ba-fei-te-2015nian-zhui-yi-tang-ji-ao",117,{"title":1139,"slug":1140,"category":258,"order":1141},"巴菲特：2015慈善承诺倡议","ba-fei-te-2015ci-shan-cheng-nuo-chang-yi",118,{"title":1143,"slug":1144,"category":258,"order":1145},"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":1147,"slug":1148,"category":258,"order":1149},"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":1151,"slug":1152,"category":258,"order":1153},"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":1155,"slug":1156,"category":258,"order":1157},"巴菲特：2017年接受CNBC采访","ba-fei-te-2017nian-jie-shou-cnbccai-fang",122,{"title":1159,"slug":1160,"category":258,"order":1161},"巴菲特：2017年接受PBS NEWS专访","ba-fei-te-2017nian-jie-shou-pbs-newszhuan-fang",123,{"title":1163,"slug":1164,"category":258,"order":1165},"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":1167,"slug":1168,"category":258,"order":1169},"巴菲特：2017年美国的未来","ba-fei-te-2017nian-mei-guo-de-wei-lai",125,{"title":1171,"slug":1172,"category":258,"order":1173},"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":1175,"slug":1176,"category":258,"order":1177},"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":1179,"slug":1180,"category":258,"order":1181},"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":1183,"slug":1184,"category":258,"order":1185},"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":1187,"slug":1188,"category":258,"order":1189},"巴菲特：2020年接受CNBC专访","ba-fei-te-2020nian-jie-shou-cnbczhuan-fang",130,{"title":1191,"slug":1192,"category":258,"order":1193},"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":1195,"slug":1196,"category":258,"order":1197},"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":1199,"slug":1200,"category":258,"order":1201},"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":1203,"slug":1204,"category":258,"order":1205},"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":1207,"slug":1208,"category":258,"order":1209},"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":1211,"slug":1212,"category":258,"order":1213},"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":1215,"slug":1216,"category":258,"order":1217},"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":1219,"slug":1220,"category":258,"order":1221},"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":1223,"slug":1224,"category":258,"order":1225},"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":1227,"slug":1228,"category":258,"order":1229},"巴菲特：2023年接受CNBC专访","ba-fei-te-2023nian-jie-shou-cnbczhuan-fang",140,{"title":1231,"slug":1232,"category":258,"order":1233},"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":1235,"slug":1236,"category":258,"order":1237},"巴菲特：2025年接受cbs采访","ba-fei-te-2025nian-jie-shou-cbscai-fang",142,{"title":1239,"slug":1240,"category":258,"order":1241},"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":1243,"slug":1244,"category":258,"order":1245},"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":1247,"slug":1248,"category":258,"order":1249},"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":1251,"slug":1252,"category":258,"order":1253},"巴菲特72条投资经典语录","ba-fei-te-72tiao-tou-zi-jing-dian-yu-lu",146,{"title":1255,"slug":1256,"category":258,"order":1257},"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":1259,"slug":1260,"category":258,"order":1261},"巴菲特：如何建立能力圈","ba-fei-te-ru-he-jian-li-neng-li-quan",148,{"title":1263,"slug":1264,"category":258,"order":1265},"巴菲特：巴菲特估值逻辑","ba-fei-te-ba-fei-te-gu-zhi-luo-ji",149,{"title":1267,"slug":1268,"category":258,"order":1269},"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":1271,"slug":1272,"category":258,"order":1273},"考夫曼：Glenair 企业文化","kao-fu-man-glenair-qi-ye-wen-hua",151,[1275,1279,1282,1285,1288,1291,1294,1297,1300,1304,1308,1311,1314,1317,1320,1323,1326,1329,1332,1335,1338,1341,1344,1347,1350,1354,1357,1360,1363,1366,1369,1372,1375,1378,1381,1385,1388,1391,1394,1397,1400,1403,1406,1410,1413,1416,1419,1422,1425,1428,1431,1434,1437,1440,1443,1446,1449,1452,1455,1458,1461,1464,1467,1470,1473,1476,1479,1482,1485,1488,1491,1496,1500,1504,1508,1512,1516,1520,1524,1528,1532,1536,1540,1544,1548,1552,1556,1560,1564,1568,1572],{"title":1276,"slug":1277,"category":1278,"order":277},"本分","benfen","核心哲学",{"title":1280,"slug":1281,"category":1278,"order":256},"平常心","pingchangxin",{"title":1283,"slug":1284,"category":1278,"order":297},"做对的事情","zuoduideshiqing",{"title":1286,"slug":1287,"category":1278,"order":307},"把事情做对","bashiqingzuodui",{"title":1289,"slug":1290,"category":1278,"order":317},"能力圈","nengliquan",{"title":1292,"slug":1293,"category":1278,"order":327},"不做什么","buzuoshenme",{"title":1295,"slug":1296,"category":1278,"order":337},"敢为天下后","ganweitianxiahou",{"title":1298,"slug":1299,"category":1278,"order":347},"消费者导向","xiaofeizhedaoxiang",{"title":1301,"slug":1302,"category":1303,"order":357},"价值投资","jiazhitouzi","投资理念",{"title":1305,"slug":1306,"category":1307,"order":367},"负债","fuzhai","财务指标",{"title":1309,"slug":1310,"category":1303,"order":367},"商业模式","shangyemoshi",{"title":1312,"slug":1313,"category":1303,"order":377},"护城河","huchenghe",{"title":1315,"slug":1316,"category":1307,"order":377},"净现金","jingxianjin",{"title":1318,"slug":1319,"category":1307,"order":387},"开销合理性","kaixiaohelixing",{"title":1321,"slug":1322,"category":1303,"order":387},"现金流","xianjinliu",{"title":1324,"slug":1325,"category":1307,"order":397},"真实利润","zhenshilirun",{"title":1327,"slug":1328,"category":1303,"order":397},"折现","zhexian",{"title":1330,"slug":1331,"category":1303,"order":407},"安全边际","anquanbianji",{"title":1333,"slug":1334,"category":1307,"order":407},"扣除商誉的净资产","jingzichan",{"title":1336,"slug":1337,"category":1303,"order":417},"基本面","jibenmian",{"title":1339,"slug":1340,"category":1303,"order":427},"机会成本","jihuichengben",{"title":1342,"slug":1343,"category":1303,"order":437},"长期持有","zhangqichiyou",{"title":1345,"slug":1346,"category":1303,"order":447},"投机","touji",{"title":1348,"slug":1349,"category":1303,"order":457},"止损","zhisun",{"title":1351,"slug":1352,"category":1353,"order":467},"企业文化","qiyewenhua","企业经营",{"title":1355,"slug":1356,"category":1353,"order":477},"品牌","pinpai",{"title":1358,"slug":1359,"category":1353,"order":487},"差异化","chayihua",{"title":1361,"slug":1362,"category":1353,"order":497},"用户体验","yonghutiyan",{"title":1364,"slug":1365,"category":1353,"order":507},"渠道","qudao",{"title":1367,"slug":1368,"category":1353,"order":517},"平台","pingtai",{"title":1370,"slug":1371,"category":1353,"order":527},"生态系统","shengtaixitong",{"title":1373,"slug":1374,"category":1353,"order":537},"单一产品","danyichanpin",{"title":1376,"slug":1377,"category":1353,"order":547},"造钟人","zaozhongren",{"title":1379,"slug":1380,"category":1353,"order":557},"利润之上的追求","lirunzhishangdezhuiqiu",{"title":1382,"slug":1383,"category":1384,"order":567},"进取心","jinquxin","品格与心性",{"title":1386,"slug":1387,"category":1384,"order":577},"耐心","naixin",{"title":1389,"slug":1390,"category":1384,"order":587},"责任心","zerenxin",{"title":1392,"slug":1393,"category":1384,"order":597},"爱心","aixin",{"title":1395,"slug":1396,"category":1384,"order":607},"信誉","xinyu",{"title":1398,"slug":1399,"category":1384,"order":614},"正直","zhengzhi",{"title":1401,"slug":1402,"category":1384,"order":621},"理性","lixing",{"title":1404,"slug":1405,"category":1384,"order":628},"长期主义","zhangqizhuyi",{"title":1407,"slug":1408,"category":1409,"order":1066},"1999年 《都市快报》采访手记","duanyongping-1999nian-doushikuaibao-caifangshouji","访谈实录",{"title":1411,"slug":1412,"category":1409,"order":1073},"1999年 步步高讲话","duanyongping-1999nian-bubugaojianghua",{"title":1414,"slug":1415,"category":1409,"order":1077},"1999年做客人民大学精彩问答实录","duanyongping-1999nianzuokerenmindaxuejingcaiwendashilu",{"title":1417,"slug":1418,"category":1409,"order":1081},"2000年 《销售与市场》杂志专访","duanyongping-2000nian-xiaoshouyushichang-zazhizhuanfang",{"title":1420,"slug":1421,"category":1409,"order":1085},"2000年在央视“品牌与传播国际论坛”上的演讲","duanyongping-2000nianzaiyangshi-pinpaiyuchuanboguojiluntan-shangdeyanjiang",{"title":1423,"slug":1424,"category":1409,"order":1089},"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":1426,"slug":1427,"category":1409,"order":1093},"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":1429,"slug":1430,"category":1409,"order":1097},"2001年 我为什么要去读书？ —— 《读者》2001年11月刊","duanyongping-2001nian-woweishenmeyaoqudushu-duzhe-2001nian11yuekan",{"title":1432,"slug":1433,"category":1409,"order":1101},"2001年《世界经理人文摘》专访","duanyongping-2001nian-shijiejinglirenwenzhai-zhuanfang",{"title":1435,"slug":1436,"category":1409,"order":1105},"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":1438,"slug":1439,"category":1409,"order":1109},"2003年北京大学总裁班演讲座谈会全程实录","duanyongping-2003nianbeijingdaxuezongcaibanyanjiangzuotanhuiquanchengshilu",{"title":1441,"slug":1442,"category":1409,"order":1113},"2004财富人生—段永平 2004 采访","duanyongping-2004caifurensheng-duanyongping-2004-caifang",{"title":1444,"slug":1445,"category":1409,"order":1117},"2005年步步高十周年“记”念晚会：段永平发言","duanyongping-2005nianbubugaoshizhounian-ji-nianwanhui-duanyongpingfayan",{"title":1447,"slug":1448,"category":1409,"order":1121},"2006年 深度对话网易证券全程实录","duanyongping-2006nian-shenduduihuawangyizhengquanquanchengshilu",{"title":1450,"slug":1451,"category":1409,"order":1125},"2006年做客新浪财经频道聊天全实录","duanyongping-2006nianzuokexinlangcaijingpindaoliaotianquanshilu",{"title":1453,"slug":1454,"category":1409,"order":1129},"2006年浙大“实话实说”","duanyongping-2006nianzheda-shihuashishuo",{"title":1456,"slug":1457,"category":1409,"order":1133},"2007年与巴菲特共进午餐后网易专访","duanyongping-2007nianyubafeitegongjinwucanhouwangyizhuanfang",{"title":1459,"slug":1460,"category":1409,"order":1137},"2007年波士堂访谈","duanyongping-2007nianboshitangfangtan",{"title":1462,"slug":1463,"category":1409,"order":1141},"2009年 深度专访： 探讨公益人生，分享成功体会","duanyongping-2009nian-shenduzhuanfang-tantaogongyirensheng-fenxiangchenggongtihu",{"title":1465,"slug":1466,"category":1409,"order":1145},"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":1468,"slug":1469,"category":1409,"order":1149},"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":1471,"slug":1472,"category":1409,"order":1153},"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":1474,"slug":1475,"category":1409,"order":1157},"2011年买入苹果思考","duanyongping-2011nianmairupingguosikao",{"title":1477,"slug":1478,"category":1409,"order":1161},"2013年浙大演讲","duanyongping-2013nianzhedayanjiang",{"title":1480,"slug":1481,"category":1409,"order":1165},"2016年浙大60周年专访","duanyongping-2016nianzheda60zhounianzhuanfang",{"title":1483,"slug":1484,"category":1409,"order":1169},"2025年浙江大学演讲及问答完整版","duanyongping-2025nianzhejiangdaxueyanjiangjiwendawanzhengban",{"title":1486,"slug":1487,"category":1409,"order":1173},"2025年谈躺平与内卷、与王石交流子女教育","duanyongping-2025niantantangpingyuneijuan-yuwangshijiaoliuzinvjiaoyu",{"title":1489,"slug":1490,"category":1409,"order":1177},"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":1492,"slug":1493,"category":1494,"order":1495},"问答录：第一章 投资大道","dadaotouziwendalu-diyizhangtouzidadao","投资问答录",200,{"title":1497,"slug":1498,"category":1494,"order":1499},"问答录：第二章 商业模式和企业文化","dadaotouziwendalu-dierzhangshangyemoshiheqiyewenhua",201,{"title":1501,"slug":1502,"category":1494,"order":1503},"问答录：第三章 公司点评","dadaotouziwendalu-disanzhanggongsidianping",202,{"title":1505,"slug":1506,"category":1494,"order":1507},"问答录：第四章 人生箴言","dadaotouziwendalu-disizhangrenshengzhenyan",203,{"title":1509,"slug":1510,"category":1494,"order":1511},"问答录：第五章 演讲与访谈","dadaotouziwendalu-diwuzhangyanjiangyufangtan",204,{"title":1513,"slug":1514,"category":1494,"order":1515},"问答录：第六章 更新","dadaotouziwendalu-diliuzhangduzhegengxin",205,{"title":1517,"slug":1518,"category":1494,"order":1519},"商业逻辑篇：第1节：伟大企业","duanyongping-shangyeluoji-di1jie-weidaqiye",401,{"title":1521,"slug":1522,"category":1494,"order":1523},"商业逻辑篇：第2节：商业模式","duanyongping-shangyeluoji-di2jie-shangyemoshi",402,{"title":1525,"slug":1526,"category":1494,"order":1527},"商业逻辑篇：第3节：企业文化","duanyongping-shangyeluoji-di3jie-qiyewenhua",403,{"title":1529,"slug":1530,"category":1494,"order":1531},"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":1533,"slug":1534,"category":1494,"order":1535},"商业逻辑篇：第5节：品牌、营销与广告","duanyongping-shangyeluoji-di5jie-pinpai-yingxiao-yu-guanggao",405,{"title":1537,"slug":1538,"category":1494,"order":1539},"商业逻辑篇：第6节：收购和多元化","duanyongping-shangyeluoji-di6jie-shougouheduoyuanhua",406,{"title":1541,"slug":1542,"category":1494,"order":1543},"商业逻辑篇：第7节：Stop doing list（不为清单）","duanyongping-shangyeluoji-di7jie-stop-doing-list-buweiqingdan",407,{"title":1545,"slug":1546,"category":1494,"order":1547},"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":1549,"slug":1550,"category":1494,"order":1551},"投资逻辑篇：第1章：投资理念","duanyongping-touziluoji-di1zhang-touzilinian",410,{"title":1553,"slug":1554,"category":1494,"order":1555},"投资逻辑篇：第2章：投资理解","duanyongping-touziluoji-di2jie-touzilijie",411,{"title":1557,"slug":1558,"category":1494,"order":1559},"投资问答录：第3章 golf和投资","duanyongping-touziluoji-di3zhang-golfhetouzi",412,{"title":1561,"slug":1562,"category":1494,"order":1563},"投资逻辑篇：第4章 财务理解","duanyongping-touziwendalu-touziluoji-di4zhang-caiwulijie",413,{"title":1565,"slug":1566,"category":1494,"order":1567},"投资逻辑篇：第5章：估值逻辑","duanyongping-touziluoji-di5zhang-guzhiluoji",414,{"title":1569,"slug":1570,"category":1494,"order":1571},"投资逻辑篇：第6章 投资方法论","duanyongping-touziluoji-di6zhang-touzifangfalun",415,{"title":1573,"slug":1574,"category":1494,"order":1575},"投资逻辑篇：第7章：案例分析","duanyongping-touziluoji-di7zhang-anlifenxi",416,[1577,1580,1583,1586,1590,1594,1597,1601,1603,1606,1609,1612,1616,1619,1622,1625,1628,1632,1635,1638,1641,1644,1648,1651,1654,1656,1659,1662,1665,1668,1671,1674,1677,1680,1683,1686,1689,1692,1695,1698,1701,1704,1707,1710,1713,1716,1719,1722,1725,1728,1731,1734,1737,1740,1743,1746,1749,1752,1755,1758,1761,1764,1767,1770,1773,1776,1780,1783,1786,1789,1792,1796,1799,1802,1805],{"title":1289,"slug":1578,"category":1579,"order":277},"ability-circle","决策与战略",{"title":1581,"slug":1582,"category":1579,"order":256},"逆向思维","inversion",{"title":1339,"slug":1584,"category":1585,"order":297},"opportunity-cost","经济学",{"title":1587,"slug":1588,"category":1589,"order":307},"复利","compound-interest","数学与概率论",{"title":1591,"slug":1592,"category":1593,"order":317},"激励机制","incentives","心理学",{"title":1595,"slug":1596,"category":1589,"order":327},"概率思维","probabilistic-thinking",{"title":1598,"slug":1599,"category":1600,"order":337},"二阶效应","second-order-effects","哲学与逻辑",{"title":1330,"slug":1602,"category":1579,"order":347},"margin-of-safety",{"title":1604,"slug":1605,"category":1593,"order":357},"心理误判","psychology-of-misjudgment",{"title":1607,"slug":1608,"category":1579,"order":367},"检查清单","checklist",{"title":1610,"slug":1611,"category":1585,"order":377},"规模优势","scale-advantage",{"title":1613,"slug":1614,"category":1615,"order":387},"冗余与容错","redundancy","工程学\u002F系统",{"title":1617,"slug":1618,"category":1589,"order":397},"排列组合","combinatorics",{"title":1620,"slug":1621,"category":1589,"order":407},"费马-帕斯卡","fermat-pascal",{"title":1623,"slug":1624,"category":1589,"order":417},"均值回归","regression-to-the-mean",{"title":1626,"slug":1627,"category":1589,"order":427},"量化分析","quantitative-analysis",{"title":1629,"slug":1630,"category":1631,"order":437},"临界点\u002F相变","critical-point-phase-transition","物理学",{"title":1633,"slug":1634,"category":1631,"order":447},"平衡态","equilibrium",{"title":1636,"slug":1637,"category":1631,"order":457},"熵增定律","entropy",{"title":1639,"slug":1640,"category":1631,"order":467},"能量守恒","conservation-of-energy",{"title":1642,"slug":1643,"category":1631,"order":477},"杠杆原理","leverage",{"title":1645,"slug":1646,"category":1647,"order":487},"自然选择","natural-selection","生物学\u002F进化论",{"title":1649,"slug":1650,"category":1647,"order":497},"物竞天择","competition-for-resources",{"title":1652,"slug":1653,"category":1647,"order":507},"进化思维","evolutionary-thinking",{"title":1370,"slug":1655,"category":1647,"order":517},"ecosystem",{"title":1657,"slug":1658,"category":1593,"order":527},"爱好倾向","liking-tendency",{"title":1660,"slug":1661,"category":1593,"order":537},"讨厌倾向","disliking-tendency",{"title":1663,"slug":1664,"category":1593,"order":547},"避免怀疑倾向","doubt-avoidance-tendency",{"title":1666,"slug":1667,"category":1593,"order":557},"一致性倾向","consistency-tendency",{"title":1669,"slug":1670,"category":1593,"order":567},"好奇心倾向","curiosity-tendency",{"title":1672,"slug":1673,"category":1593,"order":577},"康德式公平","kantian-fairness",{"title":1675,"slug":1676,"category":1593,"order":587},"艳羡\u002F妒忌倾向","envy-jealousy-tendency",{"title":1678,"slug":1679,"category":1593,"order":597},"反馈倾向","reciprocation-tendency",{"title":1681,"slug":1682,"category":1593,"order":607},"权威误导","authority-misinfluence",{"title":1684,"slug":1685,"category":1593,"order":614},"重视理由","reason-respecting-tendency",{"title":1687,"slug":1688,"category":1593,"order":621},"过度乐观","over-optimism",{"title":1690,"slug":1691,"category":1593,"order":628},"损失厌恶","loss-aversion",{"title":1693,"slug":1694,"category":1593,"order":635},"否认倾向","denial-tendency",{"title":1696,"slug":1697,"category":1593,"order":642},"过度反应","overreaction-tendency",{"title":1699,"slug":1700,"category":1593,"order":649},"社群影响","social-influence",{"title":1702,"slug":1703,"category":1593,"order":656},"压力倾向","stress-influence-tendency",{"title":1705,"slug":1706,"category":1593,"order":663},"物质主义","materialism-tendency",{"title":1708,"slug":1709,"category":1593,"order":670},"废话倾向","twaddle-tendency",{"title":1711,"slug":1712,"category":1593,"order":677},"确认偏误","confirmation-bias",{"title":1714,"slug":1715,"category":1593,"order":684},"锚定效应","anchoring-effect",{"title":1717,"slug":1718,"category":1593,"order":691},"现时偏差","present-bias",{"title":1720,"slug":1721,"category":1593,"order":698},"贪婪倾向","greed-tendency",{"title":1723,"slug":1724,"category":1585,"order":705},"边际成本\u002F收益","marginal-cost-benefit",{"title":1726,"slug":1727,"category":1585,"order":712},"供需关系","supply-and-demand",{"title":1729,"slug":1730,"category":1585,"order":719},"帕累托最优","pareto-optimality",{"title":1732,"slug":1733,"category":1585,"order":726},"竞争性毁灭","creative-destruction",{"title":1735,"slug":1736,"category":1579,"order":733},"双轨分析","two-track-analysis",{"title":1738,"slug":1739,"category":1579,"order":740},"非线性思维","nonlinear-thinking",{"title":1741,"slug":1742,"category":1579,"order":747},"极化思考","extreme-thinking",{"title":1744,"slug":1745,"category":1579,"order":754},"必要功","necessary-work",{"title":1747,"slug":1748,"category":1615,"order":264},"停机问题","halting-problem",{"title":1750,"slug":1751,"category":1615,"order":765},"闭环系统","closed-loop-system",{"title":1753,"slug":1754,"category":1615,"order":772},"故障安全","fail-safe",{"title":1756,"slug":1757,"category":1615,"order":779},"反向设计","reverse-design",{"title":1759,"slug":1760,"category":1615,"order":786},"瓶颈分析","bottleneck-analysis",{"title":1762,"slug":1763,"category":1600,"order":793},"第一性原理","first-principles",{"title":1765,"slug":1766,"category":1600,"order":800},"证伪思维","falsification",{"title":1768,"slug":1769,"category":1600,"order":807},"奥卡姆剃刀","occams-razor",{"title":1771,"slug":1772,"category":1600,"order":814},"中道思维","middle-way",{"title":1774,"slug":1775,"category":1600,"order":821},"不可知论","agnosticism",{"title":1777,"slug":1778,"category":1779,"order":828},"大数定律","law-of-large-numbers","统计学",{"title":1781,"slug":1782,"category":1779,"order":835},"样本偏差","sample-bias",{"title":1784,"slug":1785,"category":1779,"order":842},"相关性≠因果","correlation-not-causation",{"title":1787,"slug":1788,"category":1779,"order":849},"幸存者偏差","survivorship-bias",{"title":1790,"slug":1791,"category":1779,"order":856},"基本比率","base-rate",{"title":1793,"slug":1794,"category":1795,"order":863},"社会认同","social-proof","社会学",{"title":1797,"slug":1798,"category":1795,"order":870},"部落本能","tribal-instinct",{"title":1800,"slug":1801,"category":1795,"order":877},"金蛋定律","golden-egg-rule",{"title":1803,"slug":1804,"category":1795,"order":884},"互利共生","mutualism",{"title":1806,"slug":1807,"category":1795,"order":891},"激励传导","incentive-transmission",1778147266567]