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投入成长的每一美元,都要能创造超过一美元的长期市场价值。向低回报的业务投入增量资金时,成长会伤害投资者。查看图片
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2024-02-22 09:07
巴菲特致股东的信原文精读Day258:
巴神原文:Similarly, business growth, per se, tells us little about value. It’s true that growth often has a positive impact on value, sometimes one of spectacular proportions. But such an effect is far from certain. For example, investor...