What We Do
我们的工作内容
Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the C...
小猫聊财会
不积跬步，无以至千里
- 关注:27
- 粉丝:34
- 自选:0
- 组合:0
他的全部讨论
To the Shareholders of Berkshire Hathaway Inc.:
致伯克希尔哈撒韦公司全体股东：
Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans ...
To the Shareholders of Berkshire Hathaway Inc.:
致伯克希尔哈撒韦公司全体股东：
Berkshire’s gain in net worth during 2015 was $15.4 billion, which increased the per-share book value of both our Class A and Class B stock by 6.4%. Over the last 51 years (that is, since ...
“The Bet” (or how your money finds its way to Wall Street)
对赌（为你的财富寻找前往华尔街的道路）(续)
These three points are hardly new ground for me: In January 1966, when I was managing $44 million, I wrote my limited partners: “I feel substantially greater size ...
Finance and Financial Products
金融和金融产品
Our three leasing and rental operations are conducted by CORT (furniture), XTRA (semi-trailers), and Marmon (primarily tank cars but also freight cars, intermodal tank containers and cranes). Each is the leader in its fiel...
Insurance
保险(续)
Fortunately, that does not describe Berkshire. Charlie and I believe the true economic value of our insurance goodwill – what we would happily pay for float of similar quality were we to purchase an insurance operation possessing it – to be far in...
To the Shareholders of Berkshire Hathaway Inc.:
致伯克希尔哈撒韦公司全体股东：
Berkshire’s gain in net worth during 2016 was $27.5 billion, which increased the per-share book value of both our Class A and Class B stock by 10.7%. Over the last 52 years (that is, since...
巴菲特致股东的信 2016 - 1 伯克希尔 VS 标普500{巴菲特致股东的信 2016 - 1 伯克希尔 VS 标普500}
巴菲特致股东的信 2016 - 2 开场词{巴菲特致股东的信 2016 - 2 开场词}
巴菲特致股东的信 2016 - 3 我们所希望达到的{巴菲特致股东的信 2016 - 3 我们所希望达到的}
网页链接
We will have the same three financial journalists lead the question-and-answer period at the meeting, asking Charlie and me questions that shareholders have submitted to them by e-mail. The journalists and their e-mail addresses are: Carol Loomis, the preeminent business jour...
Be sure to visit the Bookworm. This Omaha-based retailer will carry about 35 books and DVDs, among them a couple of new titles. The best book I read last year was Shoe Dog, by Nike’s Phil Knight. Phil is a very wise, intelligent and competitive fellow who is also a gifted st...
The Annual Meeting
年度股东大会
Last year we partnered with Yahoo to air the first-ever webcast of our annual meeting. Thanks to Andy Serwer and his Yahoo crew, the production was a success in all respects, registering 1.1 million unique visits in real-time viewing an...
Much of the financial damage befell pension funds for public employees. Many of these funds are woefully underfunded, in part because they have suffered a double whammy: poor investment performance accompanied by huge fees. The resulting shortfalls in their assets will for de...
这两年开始做年度总结和计划，发现计划的项目里面80%能实现，而事项的项目达成率在100%-200%。果然是预则立不预则废。然后自己做了一个简化的表格，和大家分享下：
In many aspects of life, indeed, wealth does command top-grade products or services. For that reason, the financial “elites” – wealthy individuals, pension funds, college endowments and the like – have great trouble meekly signing up for a financial product or service tha...
最近读到一本好书，适合普通工薪族和刚毕业的孩子们
Further complicating the search for the rare high-fee manager who is worth his or her pay is the fact that some investment professionals, just as some amateurs, will be lucky over short periods. If 1,000 managers make a market prediction at the beginning of a year, it’s very...
The underlying hedge-fund managers in our bet received payments from their limited partners that likely averaged a bit under the prevailing hedge-fund standard of “2 and 20,” meaning a 2% annual fixed fee, payable even when losses are huge, and 20% of profits with no clawba...
2022.9.9 买入3X股，价格5.61
2022.9.21买入3X股，价格5.32
2022.9.23买入4X股，价格5.11
2022.10.28买入5X股，价格4.65
2022.10.31买入5X股，价格4.51
2022.12.1全部卖出，价格6.31。整体盈利大概27%。
清仓的时候是因为当天公告特殊分红-三季度临时加了一次分红，股价猛...