[{"data":1,"prerenderedAt":1875},["ShallowReactive",2],{"library-chayihua":3,"library-sidebar-buffett":343,"library-sidebar-dao":1347,"library-sidebar-models":1643},{"id":4,"title":5,"body":6,"category":328,"date":329,"description":330,"extension":331,"meta":332,"navigation":333,"order":334,"path":335,"seo":336,"seoDescription":337,"seoTitle":338,"slug":339,"stem":340,"__hash__":341,"_collection":342},"dao\u002Fdao\u002Fconcepts\u002Fchayihua.md","差异化",{"type":7,"value":8,"toc":295},"minimark",[9,12,16,20,26,29,34,37,42,53,57,62,67,71,76,80,90,93,99,116,123,129,132,135,140,144,153,156,159,172,175,179,184,188,191,199,203,213,216,220,223,233,236,240,249,252,257,261,267,271,275,282,287],[10,11,5],"h1",{"id":5},[13,14,15],"h2",{"id":15},"定义与起源",[17,18,19],"p",{},"差异化是段永平商业思想中最核心的概念之一。最早可追溯到2002年CCTV《卖点》栏目中，他向澳视投影机公司提出\"产品差异化\"的建议。后来在投资问答中，他对差异化给出了精确定义。最经典的定义出现在2011年：",[21,22,23],"blockquote",{},[17,24,25],{},"\"差异化指的就是用户需求满意度上的差异，绝对不仅仅指的是外观。产品的差异化不是指所谓的'与众不同'，而是指'与众不同'的东西正好是用户需要而其他人没能够满足的东西。\"",[13,27,28],{"id":28},"核心要义",[30,31,33],"h3",{"id":32},"_1-差异化的本质是满足用户未被满足的需求","1. 差异化的本质是满足用户未被满足的需求",[17,35,36],{},"段永平反复强调差异化不是简单的\"不同\"：",[21,38,39],{},[17,40,41],{},"\"差异化不是说不同，差异化其实跟创新是一个意思，就是你要去满足用户的需求。\"（2025年，浙大演讲）",[21,43,44],{},[17,45,46,47,52],{},"\"差异化指的是产品能满足用户的某个或某些别人满足不了的需求。能够长期维持的差异化就是",[48,49,51],"a",{"href":50},"\u002Flibrary\u002Fhuchenghe","护城河","。\"（2019-08-02）",[30,54,56],{"id":55},"_2-没有差异化就只能打价格战","2. 没有差异化就只能打价格战",[21,58,59],{},[17,60,61],{},"\"产品要有差异化，不然最后就是惨烈的价格竞争。\"（2012-07-27）",[21,63,64],{},[17,65,66],{},"\"长期来讲，低成本是靠不住的，差异化最重要，专一是产生差异化的基本点。\"（2011-08-03）",[30,68,70],{"id":69},"_3-差异化是动态变化的","3. 差异化是动态变化的",[21,72,73],{},[17,74,75],{},"\"差异化的东西是在不断地变化的，当大家(很多公司)都有了的差异化就会变成基本需求。有时候好的产品的差异化东西不一定需要很多，有时候哪怕有一个也会让公司(或产品)很成功。\"",[30,77,79],{"id":78},"_4-真正的差异化需要长时间积累","4. 真正的差异化需要长时间积累",[21,81,82],{},[17,83,84,85,89],{},"\"差异化不是简单的不同，而是用户需要但同行还没满足的东西。",[86,87,88],"strong",{},"苹果","这样的公司搞个有差异化的产品可能需要8年10年，我们凭什么就觉得自己想搞就能很快搞出来呢？\"",[13,91,92],{"id":92},"实战案例",[30,94,96,98],{"id":95},"苹果的差异化2011年起",[86,97,88],{},"的差异化（2011年起）",[17,100,101,102,104,105,107,108,110,111,115],{},"段永平投资",[86,103,88],{},"的核心理由之一就是",[86,106,88],{},"极强的产品差异化能力。",[86,109,88],{},"通过将",[48,112,114],{"href":113},"\u002Flibrary\u002Fyonghutiyan","用户体验","做到极致，在相当长时间内建立了对手难以超越的差异化优势。",[30,117,119,122],{"id":118},"步步高超级vcd的差异化2000年代初",[86,120,121],{},"步步高","超级VCD的差异化（2000年代初）",[17,124,125,126,128],{},"在超级VCD市场竞争中，竞争对手虚标800线，",[86,127,121],{},"坚持真实的500线但通过灵活的表述方式和真实的用户体验来建立差异化。",[30,130,131],{"id":131},"麦当劳的差异化思考",[17,133,134],{},"段永平用麦当劳作为理解差异化的例子：",[21,136,137],{},[17,138,139],{},"\"如果你能想清楚麦当劳的差异化是什么，也许你就会明白些。\"（2011-01-10）——暗示差异化不一定是技术上的，可以是便利性、一致性等用户体验层面的东西。",[30,141,143],{"id":142},"电动车行业的差异化困境2025年","电动车行业的差异化困境（2025年）",[21,145,146],{},[17,147,148,149,152],{},"\"电动车这个生意不会太好，会很累，它差异化很小。但是特斯拉的电动车，它是做出了差异化的，大部分电动车的生意我觉得会很艰苦，特斯拉总体来讲确实做得好，你看它款式也少，对吧？东西很单一，量又很大，那它相对来讲，成本就会低。\"（2025年，与",[86,150,151],{},"方三文","对话）",[30,154,155],{"id":155},"各行业差异化的判断",[17,157,158],{},"段永平用差异化作为判断行业好坏的核心标准：",[160,161,162,166,169],"ul",{},[163,164,165],"li",{},"航空公司：\"A到B，你是出100块，那我就也顶多就卖100块，它没有什么差异化，最后就是靠航线垄断。\"",[163,167,168],{},"银行：\"银行产品非常复杂，差异化远大过航空公司，客户的转换成本也非常高。\"（2014-10-31）",[163,170,171],{},"屏幕行业：\"感觉像是重资产且产品差异化不太大的行业。\"（2020-11-27）",[13,173,174],{"id":174},"常见误解",[30,176,178],{"id":177},"误解一差异化就是与众不同","误解一：差异化就是\"与众不同\"",[21,180,181],{},[17,182,183],{},"\"大部分'差异化'本身就是渣渣，并不是'用户需要但同行满足不了的东西'。真正的差异化大部分都是厚积薄发的结果。\"",[30,185,187],{"id":186},"误解二小公司可以很快搞出差异化","误解二：小公司可以很快搞出差异化",[17,189,190],{},"段永平对一个抱怨差异化难做的小企业主回应：",[21,192,193],{},[17,194,195,196,198],{},"\"所谓'秒成'渣渣的实际上本来就是渣渣。差异化不是简单的不同，而是用户需要但同行还没满足的东西……",[86,197,88],{},"这样的公司搞个有差异化的产品可能需要8年10年。\"",[30,200,202],{"id":201},"误解三差异化是好生意的充分条件","误解三：差异化是好生意的充分条件",[21,204,205],{},[17,206,207,208,212],{},"\"没有差异化产品的",[48,209,211],{"href":210},"\u002Flibrary\u002Fshangyemoshi","商业模式","基本不是好的商业模式。\"但差异化也不是好生意的充分条件，比如某些垄断企业如中石油，没有差异化但也能赚钱。（2013-03-31）",[13,214,215],{"id":215},"思想演变",[30,217,219],{"id":218},"_2000年代差异化作为产品竞争策略","2000年代：差异化作为产品竞争策略",[17,221,222],{},"这一时期差异化主要被理解为产品层面的竞争策略，强调在产品功能上区别于竞争对手。",[30,224,226,227,229,230,232],{"id":225},"_2010年代差异化与商业模式护城河深度绑定","2010年代：差异化与",[48,228,211],{"href":210},"、",[48,231,51],{"href":50},"深度绑定",[17,234,235],{},"段永平将差异化提升到商业模式和护城河的高度，指出\"能够长期维持的差异化就是护城河\"，差异化成为评判商业模式好坏的核心标准。",[30,237,239],{"id":238},"_2020年代差异化的哲学化理解","2020年代：差异化的哲学化理解",[21,241,242],{},[17,243,244,245,248],{},"\"比较苦的生意的特点往往是进入门槛比较低，产品差异化小，经常需要靠产品价格竞争。比较一下",[86,246,247],{},"茅台","就明白了。\"（2020-12-07）\n\"一般而言，产品差异化比较小的生意都有可能是苦生意。\"（2024-10-21）",[13,250,251],{"id":251},"原话引用",[21,253,254],{},[17,255,256],{},"\"差异化指的就是用户需求满意度上的差异，绝对不仅仅指的是外观。产品的差异化不是指所谓的'与众不同'，而是指'与众不同'的东西正好是用户需要而其他人没能够满足的东西。\"（2011-01-10）",[21,258,259],{},[17,260,41],{},[21,262,263],{},[17,264,46,265,52],{},[48,266,51],{"href":50},[21,268,269],{},[17,270,61],{},[21,272,273],{},[17,274,66],{},[21,276,277],{},[17,278,207,279,281],{},[48,280,211],{"href":210},"基本不是好的商业模式。所以投资要尽量避开产品很难长期做出差异化的公司，比如航空公司，比如太阳能组件公司。\"（2015-04-20）",[21,283,284],{},[17,285,286],{},"\"明白差异化最简单的办法就是把自己当消费者，想象一下自己的体验，自己常去哪里，因为什么而改变等等。\"（2012-05-18）",[21,288,289],{},[17,290,291,292,294],{},"\"首先，好赛道是不会进入低毛利的，低毛利的都是",[48,293,211],{"href":210},"比较差的，产品差异化很小的产品。那作为创业者你还要进去，那就脑子坏了呗。\"（2025年，浙大演讲）",{"title":296,"searchDepth":297,"depth":297,"links":298},"",2,[299,300,307,316,321,327],{"id":15,"depth":297,"text":15},{"id":28,"depth":297,"text":28,"children":301},[302,304,305,306],{"id":32,"depth":303,"text":33},3,{"id":55,"depth":303,"text":56},{"id":69,"depth":303,"text":70},{"id":78,"depth":303,"text":79},{"id":92,"depth":297,"text":92,"children":308},[309,311,313,314,315],{"id":95,"depth":303,"text":310},"苹果的差异化（2011年起）",{"id":118,"depth":303,"text":312},"步步高超级VCD的差异化（2000年代初）",{"id":131,"depth":303,"text":131},{"id":142,"depth":303,"text":143},{"id":155,"depth":303,"text":155},{"id":174,"depth":297,"text":174,"children":317},[318,319,320],{"id":177,"depth":303,"text":178},{"id":186,"depth":303,"text":187},{"id":201,"depth":303,"text":202},{"id":215,"depth":297,"text":215,"children":322},[323,324,326],{"id":218,"depth":303,"text":219},{"id":225,"depth":303,"text":325},"2010年代：差异化与商业模式、护城河深度绑定",{"id":238,"depth":303,"text":239},{"id":251,"depth":297,"text":251},"企业经营",null,"差异化是段永平商业思想中最核心的概念之一。最早可追溯到2002年CCTV《卖点》栏目中，他向澳视投影机公司提出\"产品差异化\"的建议。后来在投资问答中，他对差异化给出了精确定义。最经典的定义出现在201...","md",{},true,22,"\u002Fdao\u002Fconcepts\u002Fchayihua",{"title":5,"description":330},"段永平谈差异化：差异化是段永平商业思想中最核心的概念之一。最早可追溯到2002年CCTV《卖点》栏目中，他向澳视投影机公司提出\"产品差异化\"的建议。后来在投资问答中，他对差异化给出了精确定义。最经典的定义出现在201...","差异化｜大道总纲","chayihua","dao\u002Fconcepts\u002Fchayihua","EqizgWh1JpExQP7YUFcYULY723aWCGjWzyxsQ6a1fgY","dao",[344,349,353,357,360,363,366,369,372,375,379,382,385,389,392,395,399,402,405,409,412,415,419,422,425,429,432,435,439,442,445,449,452,455,459,462,465,469,472,475,479,482,485,489,492,495,499,502,505,509,512,515,519,522,525,529,532,535,539,542,545,549,552,555,558,561,564,568,571,574,578,581,584,588,591,594,598,601,604,608,611,614,618,621,624,628,631,634,638,641,644,648,651,654,658,661,664,668,671,674,678,681,685,688,692,695,699,702,706,709,713,716,720,723,727,730,734,737,741,744,748,751,755,758,762,765,769,772,776,779,783,786,790,793,797,800,804,807,811,814,818,821,825,828,832,835,839,842,846,849,853,856,860,863,867,870,874,877,881,884,888,891,895,898,902,905,909,912,916,919,923,926,930,933,937,940,944,947,951,954,958,961,965,968,972,975,979,982,986,989,993,996,1000,1003,1007,1010,1014,1017,1021,1024,1028,1031,1035,1038,1042,1045,1049,1052,1056,1059,1063,1066,1070,1073,1077,1080,1084,1087,1091,1094,1098,1101,1105,1108,1112,1115,1119,1122,1126,1129,1133,1136,1140,1143,1147,1151,1155,1159,1163,1167,1171,1175,1179,1183,1187,1191,1195,1199,1203,1207,1211,1215,1219,1223,1227,1231,1235,1239,1243,1247,1251,1255,1259,1263,1267,1271,1275,1279,1283,1287,1291,1295,1299,1303,1307,1311,1315,1319,1323,1327,1331,1335,1339,1343],{"title":345,"slug":346,"category":347,"order":348},"1956 有限合伙协议","1956-you-xian-he-huo-xie-yi","致股东信",1,{"title":350,"slug":351,"category":352,"order":348},"巴菲特：1951年最看好的股票：GEICO 保险","ba-fei-te-1951nian-zui-kan-hao-de-gu-piao-geico-bao-xian","访谈与文章",{"title":354,"slug":355,"category":356,"order":348},"1994年伯克希尔股东大会","1994nian-bo-ke-xi-er-gu-dong-da-hui","股东大会",{"title":358,"slug":359,"category":347,"order":297},"1957 巴菲特致合伙人信","1957-ba-fei-te-zhi-he-huo-ren-xin",{"title":361,"slug":362,"category":352,"order":297},"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":364,"slug":365,"category":356,"order":297},"1995年伯克希尔股东大会","1995nian-bo-ke-xi-er-gu-dong-da-hui",{"title":367,"slug":368,"category":347,"order":303},"1958 巴菲特致合伙人信","1958-ba-fei-te-zhi-he-huo-ren-xin",{"title":370,"slug":371,"category":352,"order":303},"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":373,"slug":374,"category":356,"order":303},"1996年伯克希尔股东大会","1996nian-bo-ke-xi-er-gu-dong-da-hui",{"title":376,"slug":377,"category":347,"order":378},"1959 巴菲特致合伙人信","1959-ba-fei-te-zhi-he-huo-ren-xin",4,{"title":380,"slug":381,"category":352,"order":378},"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":383,"slug":384,"category":356,"order":378},"1997年伯克希尔股东大会","1997nian-bo-ke-xi-er-gu-dong-da-hui",{"title":386,"slug":387,"category":347,"order":388},"1960 巴菲特致合伙人信","1960-ba-fei-te-zhi-he-huo-ren-xin",5,{"title":390,"slug":391,"category":352,"order":388},"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":393,"slug":394,"category":356,"order":388},"1998年伯克希尔股东大会","1998nian-bo-ke-xi-er-gu-dong-da-hui",{"title":396,"slug":397,"category":347,"order":398},"1961 巴菲特致合伙人信","1961-ba-fei-te-zhi-he-huo-ren-xin",6,{"title":400,"slug":401,"category":352,"order":398},"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":403,"slug":404,"category":356,"order":398},"1999年伯克希尔股东大会","1999nian-bo-ke-xi-er-gu-dong-da-hui",{"title":406,"slug":407,"category":347,"order":408},"1961年中 巴菲特致合伙人信","1961nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",7,{"title":410,"slug":411,"category":352,"order":408},"巴菲特：1976年巴菲特谈GEICO","ba-fei-te-1976nian-ba-fei-te-tan-geico",{"title":413,"slug":414,"category":356,"order":408},"2000年伯克希尔股东大会","2000nian-bo-ke-xi-er-gu-dong-da-hui",{"title":416,"slug":417,"category":347,"order":418},"1962 巴菲特致合伙人信","1962-ba-fei-te-zhi-he-huo-ren-xin",8,{"title":420,"slug":421,"category":352,"order":418},"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":423,"slug":424,"category":356,"order":418},"2001年伯克希尔股东大会","2001nian-bo-ke-xi-er-gu-dong-da-hui",{"title":426,"slug":427,"category":347,"order":428},"1962年11月 巴菲特致合伙人信","1962nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",9,{"title":430,"slug":431,"category":352,"order":428},"巴菲特：1977年谈通货膨胀","ba-fei-te-1977nian-tan-tong-huo-peng-zhang",{"title":433,"slug":434,"category":356,"order":428},"2002年伯克希尔股东大会","2002nian-bo-ke-xi-er-gu-dong-da-hui",{"title":436,"slug":437,"category":347,"order":438},"1962年12月 巴菲特致合伙人信","1962nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",10,{"title":440,"slug":441,"category":352,"order":438},"巴菲特：1979年谈股市","ba-fei-te-1979nian-tan-gu-shi",{"title":443,"slug":444,"category":356,"order":438},"2003年伯克希尔股东大会","2003nian-bo-ke-xi-er-gu-dong-da-hui",{"title":446,"slug":447,"category":347,"order":448},"1962年中 巴菲特致合伙人信","1962nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",11,{"title":450,"slug":451,"category":352,"order":448},"巴菲特：1982年谈指数期货","ba-fei-te-1982nian-tan-zhi-shu-qi-huo",{"title":453,"slug":454,"category":356,"order":448},"2004年伯克希尔股东大会","2004nian-bo-ke-xi-er-gu-dong-da-hui",{"title":456,"slug":457,"category":347,"order":458},"1963 巴菲特致合伙人信","1963-ba-fei-te-zhi-he-huo-ren-xin",12,{"title":460,"slug":461,"category":352,"order":458},"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":463,"slug":464,"category":356,"order":458},"2005年伯克希尔股东大会","2005nian-bo-ke-xi-er-gu-dong-da-hui",{"title":466,"slug":467,"category":347,"order":468},"1963年11月 巴菲特致合伙人信","1963nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",13,{"title":470,"slug":471,"category":352,"order":468},"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":473,"slug":474,"category":356,"order":468},"2006年伯克希尔股东大会","2006nian-bo-ke-xi-er-gu-dong-da-hui",{"title":476,"slug":477,"category":347,"order":478},"1963年12月 巴菲特致合伙人信","1963nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",14,{"title":480,"slug":481,"category":352,"order":478},"巴菲特：1984年哥大商学院演讲","ba-fei-te-1984nian-ge-da-shang-xue-yuan-yan-jiang",{"title":483,"slug":484,"category":356,"order":478},"2007年伯克希尔股东大会","2007nian-bo-ke-xi-er-gu-dong-da-hui",{"title":486,"slug":487,"category":347,"order":488},"1963年中 巴菲特致合伙人信","1963nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",15,{"title":490,"slug":491,"category":352,"order":488},"巴菲特：1985年谈投资","ba-fei-te-1985nian-tan-tou-zi",{"title":493,"slug":494,"category":356,"order":488},"2008年伯克希尔股东大会","2008nian-bo-ke-xi-er-gu-dong-da-hui",{"title":496,"slug":497,"category":347,"order":498},"1964 巴菲特致合伙人信","1964-ba-fei-te-zhi-he-huo-ren-xin",16,{"title":500,"slug":501,"category":352,"order":498},"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":503,"slug":504,"category":356,"order":498},"2009年伯克希尔股东大会","2009nian-bo-ke-xi-er-gu-dong-da-hui",{"title":506,"slug":507,"category":347,"order":508},"1964年中 巴菲特致合伙人信","1964nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",17,{"title":510,"slug":511,"category":352,"order":508},"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":513,"slug":514,"category":356,"order":508},"2010年伯克希尔股东大会","2010nian-bo-ke-xi-er-gu-dong-da-hui",{"title":516,"slug":517,"category":347,"order":518},"1965 巴菲特致合伙人信","1965-ba-fei-te-zhi-he-huo-ren-xin",18,{"title":520,"slug":521,"category":352,"order":518},"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":523,"slug":524,"category":356,"order":518},"2011年伯克希尔股东大会","2011nian-bo-ke-xi-er-gu-dong-da-hui",{"title":526,"slug":527,"category":347,"order":528},"1965 巴菲特致股东信","1965-ba-fei-te-zhi-gu-dong-xin",19,{"title":530,"slug":531,"category":352,"order":528},"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":533,"slug":534,"category":356,"order":528},"2012年伯克希尔股东大会","2012nian-bo-ke-xi-er-gu-dong-da-hui",{"title":536,"slug":537,"category":347,"order":538},"1965年11月 巴菲特致合伙人信","1965nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",20,{"title":540,"slug":541,"category":352,"order":538},"巴菲特：1988年谈投资","ba-fei-te-1988nian-tan-tou-zi",{"title":543,"slug":544,"category":356,"order":538},"2013年伯克希尔股东大会","2013nian-bo-ke-xi-er-gu-dong-da-hui",{"title":546,"slug":547,"category":347,"order":548},"1965年中 巴菲特致合伙人信","1965nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",21,{"title":550,"slug":551,"category":352,"order":548},"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":553,"slug":554,"category":356,"order":548},"2014年伯克希尔股东大会","2014nian-bo-ke-xi-er-gu-dong-da-hui",{"title":556,"slug":557,"category":347,"order":334},"1966 巴菲特致合伙人信","1966-ba-fei-te-zhi-he-huo-ren-xin",{"title":559,"slug":560,"category":352,"order":334},"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":562,"slug":563,"category":356,"order":334},"2015年伯克希尔股东大会","2015nian-bo-ke-xi-er-gu-dong-da-hui",{"title":565,"slug":566,"category":347,"order":567},"1966 巴菲特致股东信","1966-ba-fei-te-zhi-gu-dong-xin",23,{"title":569,"slug":570,"category":352,"order":567},"巴菲特：1991年圣母大学演讲","ba-fei-te-1991nian-sheng-mu-da-xue-yan-jiang",{"title":572,"slug":573,"category":356,"order":567},"2016年伯克希尔股东大会","2016nian-bo-ke-xi-er-gu-dong-da-hui",{"title":575,"slug":576,"category":347,"order":577},"1966年11月 巴菲特致合伙人信","1966nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",24,{"title":579,"slug":580,"category":352,"order":577},"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":582,"slug":583,"category":356,"order":577},"2017年伯克希尔股东大会","2017nian-bo-ke-xi-er-gu-dong-da-hui",{"title":585,"slug":586,"category":347,"order":587},"1966年中 巴菲特致合伙人信","1966nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",25,{"title":589,"slug":590,"category":352,"order":587},"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":592,"slug":593,"category":356,"order":587},"2018年伯克希尔股东大会","2018nian-bo-ke-xi-er-gu-dong-da-hui",{"title":595,"slug":596,"category":347,"order":597},"1967 巴菲特致合伙人信","1967-ba-fei-te-zhi-he-huo-ren-xin",26,{"title":599,"slug":600,"category":352,"order":597},"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":602,"slug":603,"category":356,"order":597},"2019年伯克希尔股东大会","2019nian-bo-ke-xi-er-gu-dong-da-hui",{"title":605,"slug":606,"category":347,"order":607},"1967 巴菲特致股东信","1967-ba-fei-te-zhi-gu-dong-xin",27,{"title":609,"slug":610,"category":352,"order":607},"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":612,"slug":613,"category":356,"order":607},"2020年伯克希尔股东大会","2020nian-bo-ke-xi-er-gu-dong-da-hui",{"title":615,"slug":616,"category":347,"order":617},"1967年10月 巴菲特致合伙人信","1967nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",28,{"title":619,"slug":620,"category":352,"order":617},"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":622,"slug":623,"category":356,"order":617},"2021年伯克希尔股东大会","2021nian-bo-ke-xi-er-gu-dong-da-hui",{"title":625,"slug":626,"category":347,"order":627},"1967年11月 巴菲特致合伙人信","1967nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",29,{"title":629,"slug":630,"category":352,"order":627},"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":632,"slug":633,"category":356,"order":627},"2022年伯克希尔股东大会","2022nian-bo-ke-xi-er-gu-dong-da-hui",{"title":635,"slug":636,"category":347,"order":637},"1967年中 巴菲特致合伙人信","1967nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",30,{"title":639,"slug":640,"category":352,"order":637},"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":642,"slug":643,"category":356,"order":637},"2023年伯克希尔股东大会","2023nian-bo-ke-xi-er-gu-dong-da-hui",{"title":645,"slug":646,"category":347,"order":647},"1968 巴菲特致合伙人信","1968-ba-fei-te-zhi-he-huo-ren-xin",31,{"title":649,"slug":650,"category":352,"order":647},"巴菲特：1998年华盛顿大学谈话","ba-fei-te-1998nian-hua-sheng-dun-da-xue-tan-hua",{"title":652,"slug":653,"category":356,"order":647},"2024年伯克希尔股东大会","2024nian-bo-ke-xi-er-gu-dong-da-hui",{"title":655,"slug":656,"category":347,"order":657},"1968 巴菲特致股东信","1968-ba-fei-te-zhi-gu-dong-xin",32,{"title":659,"slug":660,"category":352,"order":657},"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":662,"slug":663,"category":356,"order":657},"2025年伯克希尔股东大会","2025nian-bo-ke-xi-er-gu-dong-da-hui",{"title":665,"slug":666,"category":347,"order":667},"1968年11月 巴菲特致合伙人信","1968nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",33,{"title":669,"slug":670,"category":352,"order":667},"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":672,"slug":673,"category":356,"order":667},"2026年伯克希尔股东大会","2026nian-bo-ke-xi-er-gu-dong-da-hui",{"title":675,"slug":676,"category":347,"order":677},"1968年中 巴菲特致合伙人信","1968nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",34,{"title":679,"slug":680,"category":352,"order":677},"巴菲特：1999年巴菲特谈股市","ba-fei-te-1999nian-ba-fei-te-tan-gu-shi",{"title":682,"slug":683,"category":347,"order":684},"1969 巴菲特致股东信","1969-ba-fei-te-zhi-gu-dong-xin",35,{"title":686,"slug":687,"category":352,"order":684},"巴菲特：2001年佐治亚大学演讲","ba-fei-te-2001nian-zuo-zhi-ya-da-xue-yan-jiang",{"title":689,"slug":690,"category":347,"order":691},"1969年10月 巴菲特致合伙人信","1969nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",36,{"title":693,"slug":694,"category":352,"order":691},"巴菲特：2001年保险业的FDIC","ba-fei-te-2001nian-bao-xian-ye-de-fdic",{"title":696,"slug":697,"category":347,"order":698},"1969年12月 巴菲特致合伙人信","1969nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",37,{"title":700,"slug":701,"category":352,"order":698},"巴菲特：2001年对话内大商学院","ba-fei-te-2001nian-dui-hua-nei-da-shang-xue-yuan",{"title":703,"slug":704,"category":347,"order":705},"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":707,"slug":708,"category":352,"order":705},"巴菲特：2001年巴菲特谈股市","ba-fei-te-2001nian-ba-fei-te-tan-gu-shi",{"title":710,"slug":711,"category":347,"order":712},"1969年5月 巴菲特致合伙人信","1969nian-5yue-ba-fei-te-zhi-he-huo-ren-xin",39,{"title":714,"slug":715,"category":352,"order":712},"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":717,"slug":718,"category":347,"order":719},"1970 巴菲特致股东信","1970-ba-fei-te-zhi-gu-dong-xin",40,{"title":721,"slug":722,"category":352,"order":719},"巴菲特：2002年哥大商学院演讲","ba-fei-te-2002nian-ge-da-shang-xue-yuan-yan-jiang",{"title":724,"slug":725,"category":347,"order":726},"1970年2月 巴菲特致合伙人信","1970nian-2yue-ba-fei-te-zhi-he-huo-ren-xin",41,{"title":728,"slug":729,"category":352,"order":726},"巴菲特：2002年股票期权与常识","ba-fei-te-2002nian-gu-piao-qi-quan-yu-chang-shi",{"title":731,"slug":732,"category":347,"order":733},"1971 巴菲特致股东信","1971-ba-fei-te-zhi-gu-dong-xin",42,{"title":735,"slug":736,"category":352,"order":733},"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":738,"slug":739,"category":347,"order":740},"1972 巴菲特致股东信","1972-ba-fei-te-zhi-gu-dong-xin",43,{"title":742,"slug":743,"category":352,"order":740},"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":745,"slug":746,"category":347,"order":747},"1973 巴菲特致股东信","1973-ba-fei-te-zhi-gu-dong-xin",44,{"title":749,"slug":750,"category":352,"order":747},"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":752,"slug":753,"category":347,"order":754},"1974 巴菲特致股东信","1974-ba-fei-te-zhi-gu-dong-xin",45,{"title":756,"slug":757,"category":352,"order":754},"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":759,"slug":760,"category":347,"order":761},"1975 巴菲特致股东信","1975-ba-fei-te-zhi-gu-dong-xin",46,{"title":763,"slug":764,"category":352,"order":761},"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":766,"slug":767,"category":347,"order":768},"1976 巴菲特致股东信","1976-ba-fei-te-zhi-gu-dong-xin",47,{"title":770,"slug":771,"category":352,"order":768},"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":773,"slug":774,"category":347,"order":775},"1977 巴菲特致股东信","1977-ba-fei-te-zhi-gu-dong-xin",48,{"title":777,"slug":778,"category":352,"order":775},"巴菲特：2003年沃伦在担心什么","ba-fei-te-2003nian-wo-lun-zai-dan-xin-shi-me",{"title":780,"slug":781,"category":347,"order":782},"1978 巴菲特致股东信","1978-ba-fei-te-zhi-gu-dong-xin",49,{"title":784,"slug":785,"category":352,"order":782},"巴菲特：2003年股息巫术","ba-fei-te-2003nian-gu-xi-wu-shu",{"title":787,"slug":788,"category":347,"order":789},"1979 巴菲特致股东信","1979-ba-fei-te-zhi-gu-dong-xin",50,{"title":791,"slug":792,"category":352,"order":789},"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":794,"slug":795,"category":347,"order":796},"1980 巴菲特致股东信","1980-ba-fei-te-zhi-gu-dong-xin",51,{"title":798,"slug":799,"category":352,"order":796},"巴菲特：2004年专访苏珊·巴菲特","ba-fei-te-2004nian-zhuan-fang-su-shan-ba-fei-te",{"title":801,"slug":802,"category":347,"order":803},"1981 巴菲特致股东信","1981-ba-fei-te-zhi-gu-dong-xin",52,{"title":805,"slug":806,"category":352,"order":803},"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":808,"slug":809,"category":347,"order":810},"1982 巴菲特致股东信","1982-ba-fei-te-zhi-gu-dong-xin",53,{"title":812,"slug":813,"category":352,"order":810},"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":815,"slug":816,"category":347,"order":817},"1983 巴菲特致股东信","1983-ba-fei-te-zhi-gu-dong-xin",54,{"title":819,"slug":820,"category":352,"order":817},"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":822,"slug":823,"category":347,"order":824},"1984 巴菲特致股东信","1984-ba-fei-te-zhi-gu-dong-xin",55,{"title":826,"slug":827,"category":352,"order":824},"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":829,"slug":830,"category":347,"order":831},"1985 巴菲特致股东信","1985-ba-fei-te-zhi-gu-dong-xin",56,{"title":833,"slug":834,"category":352,"order":831},"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":836,"slug":837,"category":347,"order":838},"1986 巴菲特致股东信","1986-ba-fei-te-zhi-gu-dong-xin",57,{"title":840,"slug":841,"category":352,"order":838},"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":843,"slug":844,"category":347,"order":845},"1987 巴菲特致股东信","1987-ba-fei-te-zhi-gu-dong-xin",58,{"title":847,"slug":848,"category":352,"order":845},"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":850,"slug":851,"category":347,"order":852},"1988 巴菲特致股东信","1988-ba-fei-te-zhi-gu-dong-xin",59,{"title":854,"slug":855,"category":352,"order":852},"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":857,"slug":858,"category":347,"order":859},"1989 巴菲特致股东信","1989-ba-fei-te-zhi-gu-dong-xin",60,{"title":861,"slug":862,"category":352,"order":859},"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":864,"slug":865,"category":347,"order":866},"1990 巴菲特致股东信","1990-ba-fei-te-zhi-gu-dong-xin",61,{"title":868,"slug":869,"category":352,"order":866},"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":871,"slug":872,"category":347,"order":873},"1991 巴菲特致股东信","1991-ba-fei-te-zhi-gu-dong-xin",62,{"title":875,"slug":876,"category":352,"order":873},"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":878,"slug":879,"category":347,"order":880},"1992 巴菲特致股东信","1992-ba-fei-te-zhi-gu-dong-xin",63,{"title":882,"slug":883,"category":352,"order":880},"巴菲特：2006年慈善捐赠承诺","ba-fei-te-2006nian-ci-shan-juan-zeng-cheng-nuo",{"title":885,"slug":886,"category":347,"order":887},"1993 巴菲特致股东信","1993-ba-fei-te-zhi-gu-dong-xin",64,{"title":889,"slug":890,"category":352,"order":887},"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":892,"slug":893,"category":347,"order":894},"1994 巴菲特致股东信","1994-ba-fei-te-zhi-gu-dong-xin",65,{"title":896,"slug":897,"category":352,"order":894},"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":899,"slug":900,"category":347,"order":901},"1995 巴菲特致股东信","1995-ba-fei-te-zhi-gu-dong-xin",66,{"title":903,"slug":904,"category":352,"order":901},"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":906,"slug":907,"category":347,"order":908},"1996 巴菲特致股东信","1996-ba-fei-te-zhi-gu-dong-xin",67,{"title":910,"slug":911,"category":352,"order":908},"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":913,"slug":914,"category":347,"order":915},"1997 巴菲特致股东信","1997-ba-fei-te-zhi-gu-dong-xin",68,{"title":917,"slug":918,"category":352,"order":915},"巴菲特：2007年巴菲特接见Dardashti","ba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti",{"title":920,"slug":921,"category":347,"order":922},"1998 巴菲特致股东信","1998-ba-fei-te-zhi-gu-dong-xin",69,{"title":924,"slug":925,"category":352,"order":922},"巴菲特：2007年接受央视专访","ba-fei-te-2007nian-jie-shou-yang-shi-zhuan-fang",{"title":927,"slug":928,"category":347,"order":929},"1999 巴菲特致股东信","1999-ba-fei-te-zhi-gu-dong-xin",70,{"title":931,"slug":932,"category":352,"order":929},"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":934,"slug":935,"category":347,"order":936},"2000 巴菲特致股东信","2000-ba-fei-te-zhi-gu-dong-xin",71,{"title":938,"slug":939,"category":352,"order":936},"巴菲特：2007年查理罗斯专访","ba-fei-te-2007nian-cha-li-luo-si-zhuan-fang",{"title":941,"slug":942,"category":347,"order":943},"2001 巴菲特致股东信","2001-ba-fei-te-zhi-gu-dong-xin",72,{"title":945,"slug":946,"category":352,"order":943},"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":948,"slug":949,"category":347,"order":950},"2002 巴菲特致股东信","2002-ba-fei-te-zhi-gu-dong-xin",73,{"title":952,"slug":953,"category":352,"order":950},"巴菲特：2008年买入美国正当时","ba-fei-te-2008nian-mai-ru-mei-guo-zheng-dang-shi",{"title":955,"slug":956,"category":347,"order":957},"2003 巴菲特致股东信","2003-ba-fei-te-zhi-gu-dong-xin",74,{"title":959,"slug":960,"category":352,"order":957},"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":962,"slug":963,"category":347,"order":964},"2004 巴菲特致股东信","2004-ba-fei-te-zhi-gu-dong-xin",75,{"title":966,"slug":967,"category":352,"order":964},"巴菲特：2008年对话商学院学生","ba-fei-te-2008nian-dui-hua-shang-xue-yuan-xue-sheng",{"title":969,"slug":970,"category":347,"order":971},"2005 巴菲特致股东信","2005-ba-fei-te-zhi-gu-dong-xin",76,{"title":973,"slug":974,"category":352,"order":971},"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":976,"slug":977,"category":347,"order":978},"2006 巴菲特致股东信","2006-ba-fei-te-zhi-gu-dong-xin",77,{"title":980,"slug":981,"category":352,"order":978},"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":983,"slug":984,"category":347,"order":985},"2007 巴菲特致股东信","2007-ba-fei-te-zhi-gu-dong-xin",78,{"title":987,"slug":988,"category":352,"order":985},"巴菲特：2008年给保尔森的信","ba-fei-te-2008nian-gei-bao-er-sen-de-xin",{"title":990,"slug":991,"category":347,"order":992},"2008 巴菲特致股东信","2008-ba-fei-te-zhi-gu-dong-xin",79,{"title":994,"slug":995,"category":352,"order":992},"巴菲特：2008年解析经济危机","ba-fei-te-2008nian-jie-xi-jing-ji-wei-ji",{"title":997,"slug":998,"category":347,"order":999},"2009 巴菲特致股东信","2009-ba-fei-te-zhi-gu-dong-xin",80,{"title":1001,"slug":1002,"category":352,"order":999},"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":1004,"slug":1005,"category":347,"order":1006},"2010 巴菲特致股东信","2010-ba-fei-te-zhi-gu-dong-xin",81,{"title":1008,"slug":1009,"category":352,"order":1006},"巴菲特：2009年CNBC 专访","ba-fei-te-2009nian-cnbc-zhuan-fang",{"title":1011,"slug":1012,"category":347,"order":1013},"2011 巴菲特致股东信","2011-ba-fei-te-zhi-gu-dong-xin",82,{"title":1015,"slug":1016,"category":352,"order":1013},"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":1018,"slug":1019,"category":347,"order":1020},"2012 巴菲特致股东信","2012-ba-fei-te-zhi-gu-dong-xin",83,{"title":1022,"slug":1023,"category":352,"order":1020},"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":1025,"slug":1026,"category":347,"order":1027},"2013 巴菲特致股东信","2013-ba-fei-te-zhi-gu-dong-xin",84,{"title":1029,"slug":1030,"category":352,"order":1027},"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":1032,"slug":1033,"category":347,"order":1034},"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":1036,"slug":1037,"category":352,"order":1034},"巴菲特：2009年收购BNSF 铁路","ba-fei-te-2009nian-shou-gou-bnsf-tie-lu",{"title":1039,"slug":1040,"category":347,"order":1041},"2014 副董事长的思考","2014-fu-dong-shi-chang-de-si-kao",86,{"title":1043,"slug":1044,"category":352,"order":1041},"巴菲特：2009年美元效应","ba-fei-te-2009nian-mei-yuan-xiao-ying",{"title":1046,"slug":1047,"category":347,"order":1048},"2014 巴菲特致股东信","2014-ba-fei-te-zhi-gu-dong-xin",87,{"title":1050,"slug":1051,"category":352,"order":1048},"教学方法期刊","ba-fei-te-2009nian-a-ke-lun-da-xue-shang-xue-yuan-wen-da-shi-lu",{"title":1053,"slug":1054,"category":347,"order":1055},"2015 巴菲特致股东信","2015-ba-fei-te-zhi-gu-dong-xin",88,{"title":1057,"slug":1058,"category":352,"order":1055},"巴菲特：2010年\"捐赠誓言\"计划","ba-fei-te-2010nian-juan-zeng-shi-yan-ji-hua",{"title":1060,"slug":1061,"category":347,"order":1062},"2016 巴菲特致股东信","2016-ba-fei-te-zhi-gu-dong-xin",89,{"title":1064,"slug":1065,"category":352,"order":1062},"巴菲特：2010年CNBC 专访","ba-fei-te-2010nian-cnbc-zhuan-fang",{"title":1067,"slug":1068,"category":347,"order":1069},"2017 巴菲特致股东信","2017-ba-fei-te-zhi-gu-dong-xin",90,{"title":1071,"slug":1072,"category":352,"order":1069},"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":1074,"slug":1075,"category":347,"order":1076},"2018 巴菲特致股东信","2018-ba-fei-te-zhi-gu-dong-xin",91,{"title":1078,"slug":1079,"category":352,"order":1076},"巴菲特：2010年央视财经采访","ba-fei-te-2010nian-yang-shi-cai-jing-cai-fang",{"title":1081,"slug":1082,"category":347,"order":1083},"2019 巴菲特致股东信","2019-ba-fei-te-zhi-gu-dong-xin",92,{"title":1085,"slug":1086,"category":352,"order":1083},"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":1088,"slug":1089,"category":347,"order":1090},"2020 巴菲特致股东信","2020-ba-fei-te-zhi-gu-dong-xin",93,{"title":1092,"slug":1093,"category":352,"order":1090},"巴菲特：2010年慈善中国行","ba-fei-te-2010nian-ci-shan-zhong-guo-xing",{"title":1095,"slug":1096,"category":347,"order":1097},"2021 巴菲特致股东信","2021-ba-fei-te-zhi-gu-dong-xin",94,{"title":1099,"slug":1100,"category":352,"order":1097},"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":1102,"slug":1103,"category":347,"order":1104},"2022 巴菲特致股东信","2022-ba-fei-te-zhi-gu-dong-xin",95,{"title":1106,"slug":1107,"category":352,"order":1104},"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":1109,"slug":1110,"category":347,"order":1111},"2023 巴菲特致股东信","2023-ba-fei-te-zhi-gu-dong-xin",96,{"title":1113,"slug":1114,"category":352,"order":1111},"巴菲特：2011年500 亿美元的决定","ba-fei-te-2011nian-500-yi-mei-yuan-de-jue-ding",{"title":1116,"slug":1117,"category":347,"order":1118},"2024 巴菲特致股东信","2024-ba-fei-te-zhi-gu-dong-xin",97,{"title":1120,"slug":1121,"category":352,"order":1118},"巴菲特：2011年CNBC 专访","ba-fei-te-2011nian-cnbc-zhuan-fang",{"title":1123,"slug":1124,"category":347,"order":1125},"2025 巴菲特致股东信","2025-ba-fei-te-zhi-gu-dong-xin",98,{"title":1127,"slug":1128,"category":352,"order":1125},"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":1130,"slug":1131,"category":347,"order":1132},"2025 感恩节致辞","2025-gan-en-jie-zhi-ci",99,{"title":1134,"slug":1135,"category":352,"order":1132},"巴菲特：2011年查理·罗斯专访","ba-fei-te-2011nian-cha-li-luo-si-zhuan-fang",{"title":1137,"slug":1138,"category":347,"order":1139},"2026 阿贝尔致股东信","2026-a-bei-er-zhi-gu-dong-xin",100,{"title":1141,"slug":1142,"category":352,"order":1139},"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":1144,"slug":1145,"category":352,"order":1146},"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":1148,"slug":1149,"category":352,"order":1150},"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":1152,"slug":1153,"category":352,"order":1154},"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":1156,"slug":1157,"category":352,"order":1158},"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":1160,"slug":1161,"category":352,"order":1162},"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":1164,"slug":1165,"category":352,"order":1166},"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":1168,"slug":1169,"category":352,"order":1170},"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":1172,"slug":1173,"category":352,"order":1174},"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":1176,"slug":1177,"category":352,"order":1178},"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":1180,"slug":1181,"category":352,"order":1182},"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":1184,"slug":1185,"category":352,"order":1186},"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":1188,"slug":1189,"category":352,"order":1190},"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":1192,"slug":1193,"category":352,"order":1194},"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":1196,"slug":1197,"category":352,"order":1198},"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":1200,"slug":1201,"category":352,"order":1202},"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":1204,"slug":1205,"category":352,"order":1206},"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":1208,"slug":1209,"category":352,"order":1210},"巴菲特：2015年追忆唐基奥","ba-fei-te-2015nian-zhui-yi-tang-ji-ao",117,{"title":1212,"slug":1213,"category":352,"order":1214},"巴菲特：2015慈善承诺倡议","ba-fei-te-2015ci-shan-cheng-nuo-chang-yi",118,{"title":1216,"slug":1217,"category":352,"order":1218},"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":1220,"slug":1221,"category":352,"order":1222},"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":1224,"slug":1225,"category":352,"order":1226},"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":1228,"slug":1229,"category":352,"order":1230},"巴菲特：2017年接受CNBC采访","ba-fei-te-2017nian-jie-shou-cnbccai-fang",122,{"title":1232,"slug":1233,"category":352,"order":1234},"巴菲特：2017年接受PBS NEWS专访","ba-fei-te-2017nian-jie-shou-pbs-newszhuan-fang",123,{"title":1236,"slug":1237,"category":352,"order":1238},"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":1240,"slug":1241,"category":352,"order":1242},"巴菲特：2017年美国的未来","ba-fei-te-2017nian-mei-guo-de-wei-lai",125,{"title":1244,"slug":1245,"category":352,"order":1246},"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":1248,"slug":1249,"category":352,"order":1250},"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":1252,"slug":1253,"category":352,"order":1254},"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":1256,"slug":1257,"category":352,"order":1258},"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":1260,"slug":1261,"category":352,"order":1262},"巴菲特：2020年接受CNBC专访","ba-fei-te-2020nian-jie-shou-cnbczhuan-fang",130,{"title":1264,"slug":1265,"category":352,"order":1266},"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":1268,"slug":1269,"category":352,"order":1270},"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":1272,"slug":1273,"category":352,"order":1274},"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":1276,"slug":1277,"category":352,"order":1278},"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":1280,"slug":1281,"category":352,"order":1282},"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":1284,"slug":1285,"category":352,"order":1286},"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":1288,"slug":1289,"category":352,"order":1290},"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":1292,"slug":1293,"category":352,"order":1294},"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":1296,"slug":1297,"category":352,"order":1298},"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":1300,"slug":1301,"category":352,"order":1302},"巴菲特：2023年接受CNBC专访","ba-fei-te-2023nian-jie-shou-cnbczhuan-fang",140,{"title":1304,"slug":1305,"category":352,"order":1306},"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":1308,"slug":1309,"category":352,"order":1310},"巴菲特：2025年接受cbs采访","ba-fei-te-2025nian-jie-shou-cbscai-fang",142,{"title":1312,"slug":1313,"category":352,"order":1314},"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":1316,"slug":1317,"category":352,"order":1318},"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":1320,"slug":1321,"category":352,"order":1322},"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":1324,"slug":1325,"category":352,"order":1326},"巴菲特72条投资经典语录","ba-fei-te-72tiao-tou-zi-jing-dian-yu-lu",146,{"title":1328,"slug":1329,"category":352,"order":1330},"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":1332,"slug":1333,"category":352,"order":1334},"巴菲特：如何建立能力圈","ba-fei-te-ru-he-jian-li-neng-li-quan",148,{"title":1336,"slug":1337,"category":352,"order":1338},"巴菲特：巴菲特估值逻辑","ba-fei-te-ba-fei-te-gu-zhi-luo-ji",149,{"title":1340,"slug":1341,"category":352,"order":1342},"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":1344,"slug":1345,"category":352,"order":1346},"考夫曼：Glenair 企业文化","kao-fu-man-glenair-qi-ye-wen-hua",151,[1348,1352,1355,1358,1361,1364,1367,1370,1373,1377,1381,1383,1385,1388,1391,1394,1397,1400,1403,1406,1409,1412,1415,1418,1421,1424,1427,1428,1430,1433,1436,1439,1442,1445,1448,1452,1455,1458,1461,1464,1467,1470,1473,1477,1480,1483,1486,1489,1492,1495,1498,1501,1504,1507,1510,1513,1516,1519,1522,1525,1528,1531,1534,1537,1540,1543,1546,1549,1552,1555,1558,1563,1567,1571,1575,1579,1583,1587,1591,1595,1599,1603,1607,1611,1615,1619,1623,1627,1631,1635,1639],{"title":1349,"slug":1350,"category":1351,"order":348},"本分","benfen","核心哲学",{"title":1353,"slug":1354,"category":1351,"order":297},"平常心","pingchangxin",{"title":1356,"slug":1357,"category":1351,"order":303},"做对的事情","zuoduideshiqing",{"title":1359,"slug":1360,"category":1351,"order":378},"把事情做对","bashiqingzuodui",{"title":1362,"slug":1363,"category":1351,"order":388},"能力圈","nengliquan",{"title":1365,"slug":1366,"category":1351,"order":398},"不做什么","buzuoshenme",{"title":1368,"slug":1369,"category":1351,"order":408},"敢为天下后","ganweitianxiahou",{"title":1371,"slug":1372,"category":1351,"order":418},"消费者导向","xiaofeizhedaoxiang",{"title":1374,"slug":1375,"category":1376,"order":428},"价值投资","jiazhitouzi","投资理念",{"title":1378,"slug":1379,"category":1380,"order":438},"负债","fuzhai","财务指标",{"title":211,"slug":1382,"category":1376,"order":438},"shangyemoshi",{"title":51,"slug":1384,"category":1376,"order":448},"huchenghe",{"title":1386,"slug":1387,"category":1380,"order":448},"净现金","jingxianjin",{"title":1389,"slug":1390,"category":1380,"order":458},"开销合理性","kaixiaohelixing",{"title":1392,"slug":1393,"category":1376,"order":458},"现金流","xianjinliu",{"title":1395,"slug":1396,"category":1380,"order":468},"真实利润","zhenshilirun",{"title":1398,"slug":1399,"category":1376,"order":468},"折现","zhexian",{"title":1401,"slug":1402,"category":1376,"order":478},"安全边际","anquanbianji",{"title":1404,"slug":1405,"category":1380,"order":478},"扣除商誉的净资产","jingzichan",{"title":1407,"slug":1408,"category":1376,"order":488},"基本面","jibenmian",{"title":1410,"slug":1411,"category":1376,"order":498},"机会成本","jihuichengben",{"title":1413,"slug":1414,"category":1376,"order":508},"长期持有","zhangqichiyou",{"title":1416,"slug":1417,"category":1376,"order":518},"投机","touji",{"title":1419,"slug":1420,"category":1376,"order":528},"止损","zhisun",{"title":1422,"slug":1423,"category":328,"order":538},"企业文化","qiyewenhua",{"title":1425,"slug":1426,"category":328,"order":548},"品牌","pinpai",{"title":5,"slug":339,"category":328,"order":334},{"title":114,"slug":1429,"category":328,"order":567},"yonghutiyan",{"title":1431,"slug":1432,"category":328,"order":577},"渠道","qudao",{"title":1434,"slug":1435,"category":328,"order":587},"平台","pingtai",{"title":1437,"slug":1438,"category":328,"order":597},"生态系统","shengtaixitong",{"title":1440,"slug":1441,"category":328,"order":607},"单一产品","danyichanpin",{"title":1443,"slug":1444,"category":328,"order":617},"造钟人","zaozhongren",{"title":1446,"slug":1447,"category":328,"order":627},"利润之上的追求","lirunzhishangdezhuiqiu",{"title":1449,"slug":1450,"category":1451,"order":637},"进取心","jinquxin","品格与心性",{"title":1453,"slug":1454,"category":1451,"order":647},"耐心","naixin",{"title":1456,"slug":1457,"category":1451,"order":657},"责任心","zerenxin",{"title":1459,"slug":1460,"category":1451,"order":667},"爱心","aixin",{"title":1462,"slug":1463,"category":1451,"order":677},"信誉","xinyu",{"title":1465,"slug":1466,"category":1451,"order":684},"正直","zhengzhi",{"title":1468,"slug":1469,"category":1451,"order":691},"理性","lixing",{"title":1471,"slug":1472,"category":1451,"order":698},"长期主义","zhangqizhuyi",{"title":1474,"slug":1475,"category":1476,"order":1139},"1999年 《都市快报》采访手记","duanyongping-1999nian-doushikuaibao-caifangshouji","访谈实录",{"title":1478,"slug":1479,"category":1476,"order":1146},"1999年 步步高讲话","duanyongping-1999nian-bubugaojianghua",{"title":1481,"slug":1482,"category":1476,"order":1150},"1999年做客人民大学精彩问答实录","duanyongping-1999nianzuokerenmindaxuejingcaiwendashilu",{"title":1484,"slug":1485,"category":1476,"order":1154},"2000年 《销售与市场》杂志专访","duanyongping-2000nian-xiaoshouyushichang-zazhizhuanfang",{"title":1487,"slug":1488,"category":1476,"order":1158},"2000年在央视“品牌与传播国际论坛”上的演讲","duanyongping-2000nianzaiyangshi-pinpaiyuchuanboguojiluntan-shangdeyanjiang",{"title":1490,"slug":1491,"category":1476,"order":1162},"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":1493,"slug":1494,"category":1476,"order":1166},"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":1496,"slug":1497,"category":1476,"order":1170},"2001年 我为什么要去读书？ —— 《读者》2001年11月刊","duanyongping-2001nian-woweishenmeyaoqudushu-duzhe-2001nian11yuekan",{"title":1499,"slug":1500,"category":1476,"order":1174},"2001年《世界经理人文摘》专访","duanyongping-2001nian-shijiejinglirenwenzhai-zhuanfang",{"title":1502,"slug":1503,"category":1476,"order":1178},"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":1505,"slug":1506,"category":1476,"order":1182},"2003年北京大学总裁班演讲座谈会全程实录","duanyongping-2003nianbeijingdaxuezongcaibanyanjiangzuotanhuiquanchengshilu",{"title":1508,"slug":1509,"category":1476,"order":1186},"2004财富人生—段永平 2004 采访","duanyongping-2004caifurensheng-duanyongping-2004-caifang",{"title":1511,"slug":1512,"category":1476,"order":1190},"2005年步步高十周年“记”念晚会：段永平发言","duanyongping-2005nianbubugaoshizhounian-ji-nianwanhui-duanyongpingfayan",{"title":1514,"slug":1515,"category":1476,"order":1194},"2006年 深度对话网易证券全程实录","duanyongping-2006nian-shenduduihuawangyizhengquanquanchengshilu",{"title":1517,"slug":1518,"category":1476,"order":1198},"2006年做客新浪财经频道聊天全实录","duanyongping-2006nianzuokexinlangcaijingpindaoliaotianquanshilu",{"title":1520,"slug":1521,"category":1476,"order":1202},"2006年浙大“实话实说”","duanyongping-2006nianzheda-shihuashishuo",{"title":1523,"slug":1524,"category":1476,"order":1206},"2007年与巴菲特共进午餐后网易专访","duanyongping-2007nianyubafeitegongjinwucanhouwangyizhuanfang",{"title":1526,"slug":1527,"category":1476,"order":1210},"2007年波士堂访谈","duanyongping-2007nianboshitangfangtan",{"title":1529,"slug":1530,"category":1476,"order":1214},"2009年 深度专访： 探讨公益人生，分享成功体会","duanyongping-2009nian-shenduzhuanfang-tantaogongyirensheng-fenxiangchenggongtihu",{"title":1532,"slug":1533,"category":1476,"order":1218},"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":1535,"slug":1536,"category":1476,"order":1222},"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":1538,"slug":1539,"category":1476,"order":1226},"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":1541,"slug":1542,"category":1476,"order":1230},"2011年买入苹果思考","duanyongping-2011nianmairupingguosikao",{"title":1544,"slug":1545,"category":1476,"order":1234},"2013年浙大演讲","duanyongping-2013nianzhedayanjiang",{"title":1547,"slug":1548,"category":1476,"order":1238},"2016年浙大60周年专访","duanyongping-2016nianzheda60zhounianzhuanfang",{"title":1550,"slug":1551,"category":1476,"order":1242},"2025年浙江大学演讲及问答完整版","duanyongping-2025nianzhejiangdaxueyanjiangjiwendawanzhengban",{"title":1553,"slug":1554,"category":1476,"order":1246},"2025年谈躺平与内卷、与王石交流子女教育","duanyongping-2025niantantangpingyuneijuan-yuwangshijiaoliuzinvjiaoyu",{"title":1556,"slug":1557,"category":1476,"order":1250},"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":1559,"slug":1560,"category":1561,"order":1562},"问答录：第一章 投资大道","dadaotouziwendalu-diyizhangtouzidadao","投资问答录",200,{"title":1564,"slug":1565,"category":1561,"order":1566},"问答录：第二章 商业模式和企业文化","dadaotouziwendalu-dierzhangshangyemoshiheqiyewenhua",201,{"title":1568,"slug":1569,"category":1561,"order":1570},"问答录：第三章 公司点评","dadaotouziwendalu-disanzhanggongsidianping",202,{"title":1572,"slug":1573,"category":1561,"order":1574},"问答录：第四章 人生箴言","dadaotouziwendalu-disizhangrenshengzhenyan",203,{"title":1576,"slug":1577,"category":1561,"order":1578},"问答录：第五章 演讲与访谈","dadaotouziwendalu-diwuzhangyanjiangyufangtan",204,{"title":1580,"slug":1581,"category":1561,"order":1582},"问答录：第六章 更新","dadaotouziwendalu-diliuzhangduzhegengxin",205,{"title":1584,"slug":1585,"category":1561,"order":1586},"商业逻辑篇：第1节：伟大企业","duanyongping-shangyeluoji-di1jie-weidaqiye",401,{"title":1588,"slug":1589,"category":1561,"order":1590},"商业逻辑篇：第2节：商业模式","duanyongping-shangyeluoji-di2jie-shangyemoshi",402,{"title":1592,"slug":1593,"category":1561,"order":1594},"商业逻辑篇：第3节：企业文化","duanyongping-shangyeluoji-di3jie-qiyewenhua",403,{"title":1596,"slug":1597,"category":1561,"order":1598},"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":1600,"slug":1601,"category":1561,"order":1602},"商业逻辑篇：第5节：品牌、营销与广告","duanyongping-shangyeluoji-di5jie-pinpai-yingxiao-yu-guanggao",405,{"title":1604,"slug":1605,"category":1561,"order":1606},"商业逻辑篇：第6节：收购和多元化","duanyongping-shangyeluoji-di6jie-shougouheduoyuanhua",406,{"title":1608,"slug":1609,"category":1561,"order":1610},"商业逻辑篇：第7节：Stop doing list（不为清单）","duanyongping-shangyeluoji-di7jie-stop-doing-list-buweiqingdan",407,{"title":1612,"slug":1613,"category":1561,"order":1614},"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":1616,"slug":1617,"category":1561,"order":1618},"投资逻辑篇：第1章：投资理念","duanyongping-touziluoji-di1zhang-touzilinian",410,{"title":1620,"slug":1621,"category":1561,"order":1622},"投资逻辑篇：第2章：投资理解","duanyongping-touziluoji-di2jie-touzilijie",411,{"title":1624,"slug":1625,"category":1561,"order":1626},"投资问答录：第3章 golf和投资","duanyongping-touziluoji-di3zhang-golfhetouzi",412,{"title":1628,"slug":1629,"category":1561,"order":1630},"投资逻辑篇：第4章 财务理解","duanyongping-touziwendalu-touziluoji-di4zhang-caiwulijie",413,{"title":1632,"slug":1633,"category":1561,"order":1634},"投资逻辑篇：第5章：估值逻辑","duanyongping-touziluoji-di5zhang-guzhiluoji",414,{"title":1636,"slug":1637,"category":1561,"order":1638},"投资逻辑篇：第6章 投资方法论","duanyongping-touziluoji-di6zhang-touzifangfalun",415,{"title":1640,"slug":1641,"category":1561,"order":1642},"投资逻辑篇：第7章：案例分析","duanyongping-touziluoji-di7zhang-anlifenxi",416,[1644,1647,1650,1653,1657,1661,1664,1668,1670,1673,1676,1679,1683,1686,1689,1692,1695,1699,1702,1705,1708,1711,1715,1718,1721,1723,1726,1729,1732,1735,1738,1741,1744,1747,1750,1753,1756,1759,1762,1765,1768,1771,1774,1777,1780,1783,1786,1789,1792,1795,1798,1801,1804,1807,1810,1813,1816,1819,1822,1825,1828,1831,1834,1837,1840,1843,1847,1850,1853,1856,1859,1863,1866,1869,1872],{"title":1362,"slug":1645,"category":1646,"order":348},"ability-circle","决策与战略",{"title":1648,"slug":1649,"category":1646,"order":297},"逆向思维","inversion",{"title":1410,"slug":1651,"category":1652,"order":303},"opportunity-cost","经济学",{"title":1654,"slug":1655,"category":1656,"order":378},"复利","compound-interest","数学与概率论",{"title":1658,"slug":1659,"category":1660,"order":388},"激励机制","incentives","心理学",{"title":1662,"slug":1663,"category":1656,"order":398},"概率思维","probabilistic-thinking",{"title":1665,"slug":1666,"category":1667,"order":408},"二阶效应","second-order-effects","哲学与逻辑",{"title":1401,"slug":1669,"category":1646,"order":418},"margin-of-safety",{"title":1671,"slug":1672,"category":1660,"order":428},"心理误判","psychology-of-misjudgment",{"title":1674,"slug":1675,"category":1646,"order":438},"检查清单","checklist",{"title":1677,"slug":1678,"category":1652,"order":448},"规模优势","scale-advantage",{"title":1680,"slug":1681,"category":1682,"order":458},"冗余与容错","redundancy","工程学\u002F系统",{"title":1684,"slug":1685,"category":1656,"order":468},"排列组合","combinatorics",{"title":1687,"slug":1688,"category":1656,"order":478},"费马-帕斯卡","fermat-pascal",{"title":1690,"slug":1691,"category":1656,"order":488},"均值回归","regression-to-the-mean",{"title":1693,"slug":1694,"category":1656,"order":498},"量化分析","quantitative-analysis",{"title":1696,"slug":1697,"category":1698,"order":508},"临界点\u002F相变","critical-point-phase-transition","物理学",{"title":1700,"slug":1701,"category":1698,"order":518},"平衡态","equilibrium",{"title":1703,"slug":1704,"category":1698,"order":528},"熵增定律","entropy",{"title":1706,"slug":1707,"category":1698,"order":538},"能量守恒","conservation-of-energy",{"title":1709,"slug":1710,"category":1698,"order":548},"杠杆原理","leverage",{"title":1712,"slug":1713,"category":1714,"order":334},"自然选择","natural-selection","生物学\u002F进化论",{"title":1716,"slug":1717,"category":1714,"order":567},"物竞天择","competition-for-resources",{"title":1719,"slug":1720,"category":1714,"order":577},"进化思维","evolutionary-thinking",{"title":1437,"slug":1722,"category":1714,"order":587},"ecosystem",{"title":1724,"slug":1725,"category":1660,"order":597},"爱好倾向","liking-tendency",{"title":1727,"slug":1728,"category":1660,"order":607},"讨厌倾向","disliking-tendency",{"title":1730,"slug":1731,"category":1660,"order":617},"避免怀疑倾向","doubt-avoidance-tendency",{"title":1733,"slug":1734,"category":1660,"order":627},"一致性倾向","consistency-tendency",{"title":1736,"slug":1737,"category":1660,"order":637},"好奇心倾向","curiosity-tendency",{"title":1739,"slug":1740,"category":1660,"order":647},"康德式公平","kantian-fairness",{"title":1742,"slug":1743,"category":1660,"order":657},"艳羡\u002F妒忌倾向","envy-jealousy-tendency",{"title":1745,"slug":1746,"category":1660,"order":667},"反馈倾向","reciprocation-tendency",{"title":1748,"slug":1749,"category":1660,"order":677},"权威误导","authority-misinfluence",{"title":1751,"slug":1752,"category":1660,"order":684},"重视理由","reason-respecting-tendency",{"title":1754,"slug":1755,"category":1660,"order":691},"过度乐观","over-optimism",{"title":1757,"slug":1758,"category":1660,"order":698},"损失厌恶","loss-aversion",{"title":1760,"slug":1761,"category":1660,"order":705},"否认倾向","denial-tendency",{"title":1763,"slug":1764,"category":1660,"order":712},"过度反应","overreaction-tendency",{"title":1766,"slug":1767,"category":1660,"order":719},"社群影响","social-influence",{"title":1769,"slug":1770,"category":1660,"order":726},"压力倾向","stress-influence-tendency",{"title":1772,"slug":1773,"category":1660,"order":733},"物质主义","materialism-tendency",{"title":1775,"slug":1776,"category":1660,"order":740},"废话倾向","twaddle-tendency",{"title":1778,"slug":1779,"category":1660,"order":747},"确认偏误","confirmation-bias",{"title":1781,"slug":1782,"category":1660,"order":754},"锚定效应","anchoring-effect",{"title":1784,"slug":1785,"category":1660,"order":761},"现时偏差","present-bias",{"title":1787,"slug":1788,"category":1660,"order":768},"贪婪倾向","greed-tendency",{"title":1790,"slug":1791,"category":1652,"order":775},"边际成本\u002F收益","marginal-cost-benefit",{"title":1793,"slug":1794,"category":1652,"order":782},"供需关系","supply-and-demand",{"title":1796,"slug":1797,"category":1652,"order":789},"帕累托最优","pareto-optimality",{"title":1799,"slug":1800,"category":1652,"order":796},"竞争性毁灭","creative-destruction",{"title":1802,"slug":1803,"category":1646,"order":803},"双轨分析","two-track-analysis",{"title":1805,"slug":1806,"category":1646,"order":810},"非线性思维","nonlinear-thinking",{"title":1808,"slug":1809,"category":1646,"order":817},"极化思考","extreme-thinking",{"title":1811,"slug":1812,"category":1646,"order":824},"必要功","necessary-work",{"title":1814,"slug":1815,"category":1682,"order":831},"停机问题","halting-problem",{"title":1817,"slug":1818,"category":1682,"order":838},"闭环系统","closed-loop-system",{"title":1820,"slug":1821,"category":1682,"order":845},"故障安全","fail-safe",{"title":1823,"slug":1824,"category":1682,"order":852},"反向设计","reverse-design",{"title":1826,"slug":1827,"category":1682,"order":859},"瓶颈分析","bottleneck-analysis",{"title":1829,"slug":1830,"category":1667,"order":866},"第一性原理","first-principles",{"title":1832,"slug":1833,"category":1667,"order":873},"证伪思维","falsification",{"title":1835,"slug":1836,"category":1667,"order":880},"奥卡姆剃刀","occams-razor",{"title":1838,"slug":1839,"category":1667,"order":887},"中道思维","middle-way",{"title":1841,"slug":1842,"category":1667,"order":894},"不可知论","agnosticism",{"title":1844,"slug":1845,"category":1846,"order":901},"大数定律","law-of-large-numbers","统计学",{"title":1848,"slug":1849,"category":1846,"order":908},"样本偏差","sample-bias",{"title":1851,"slug":1852,"category":1846,"order":915},"相关性≠因果","correlation-not-causation",{"title":1854,"slug":1855,"category":1846,"order":922},"幸存者偏差","survivorship-bias",{"title":1857,"slug":1858,"category":1846,"order":929},"基本比率","base-rate",{"title":1860,"slug":1861,"category":1862,"order":936},"社会认同","social-proof","社会学",{"title":1864,"slug":1865,"category":1862,"order":943},"部落本能","tribal-instinct",{"title":1867,"slug":1868,"category":1862,"order":950},"金蛋定律","golden-egg-rule",{"title":1870,"slug":1871,"category":1862,"order":957},"互利共生","mutualism",{"title":1873,"slug":1874,"category":1862,"order":964},"激励传导","incentive-transmission",1778147270088]