[{"data":1,"prerenderedAt":2363},["ShallowReactive",2],{"library-1967-ba-fei-te-zhi-he-huo-ren-xin":3,"library-sidebar-buffett":827,"library-sidebar-dao":1829,"library-sidebar-models":2131},{"id":4,"title":5,"body":6,"category":813,"date":814,"description":815,"extension":816,"meta":817,"navigation":818,"order":819,"path":820,"seo":821,"seoDescription":815,"seoTitle":822,"slug":823,"stem":824,"__hash__":825,"_collection":826},"buffett\u002Fbuffett\u002Fberkshire\u002Fhe-huo-ren-xin\u002F1967-ba-fei-te-zhi-he-huo-ren-xin.md","1967 巴菲特致合伙人信",{"type":7,"value":8,"toc":804},"minimark",[9,13,17,21,24,27,30,209,219,226,233,236,418,421,424,705,712,719,722,727,730,733,736,739,742,747,750,753,756,759,762,765,768,771,774,777,784,791,798,801],[10,11,5],"h1",{"id":12},"_1967-巴菲特致合伙人信",[14,15,16],"p",{},"1968 年 1 月 24 日",[18,19,20],"h3",{"id":20},"年业绩",[14,22,23],{},"按照大多数标准衡量，我们 1967 年的业绩都相当好。我们整体上涨 35.9%，道指上涨 19.0%，超过了我们原来定下的领先道指十个百分点的业绩目标。我们的整体收益是 19,384,250 美元，即使在今天通胀日益加剧的情况下，也能买很多百事可乐。我们卖出了一些重仓长期持有的有价证券，实现了 27,376,667 美元的应税收入，这与 1967 年业绩无关，但是 4 月 15 日那天，各位都应该会有一种积极参与了“伟大社会”建设的感觉。（译注：“伟大社会”(The Great Society) 是 1964-1965 年民主党总统林登•约翰逊提出的旨在消灭贫穷和种族歧视的一系列政策。4 月 15 日是美国申报个税的截止日。）",[14,25,26],{},"我们为我们的业绩感到欣喜，但近距离观察一下 1967 年的股市，就会冷静下来。或许历史上没有哪一年像去年这样，市场中有那么多人远远跑赢道指。1967 年，对于许多人来说，天上掉金子了，盆越大的，接的越多。现在我手里还没有最终的统计数据，但是估计 95% 以上的股票型基金都取得了领先道指的业绩，很多甚至把道指远远甩在了后面。去年，赚钱多少和年龄大小成反比，理念像我这样的，得被送到老年病房了。",[14,28,29],{},"下面是道指收益率、普通合伙人分成前合伙基金收益率（收益超过 6% 的部分，普通合伙人提取 25%）以及有限合伙人收益率的最新逐年对比情况。",[31,32,33,52],"table",{},[34,35,36],"thead",{},[37,38,39,43,46,49],"tr",{},[40,41,42],"th",{},"年份",[40,44,45],{},"道指整体收益率 (1)",[40,47,48],{},"Partnership Results (2)合伙基金收益率 (2)",[40,50,51],{},"有限合伙人收益率 (3)",[53,54,55,70,84,98,112,126,140,154,168,182,196],"tbody",{},[37,56,57,61,64,67],{},[58,59,60],"td",{},"1957",[58,62,63],{},"-8.4%",[58,65,66],{},"10.4%",[58,68,69],{},"9.3%",[37,71,72,75,78,81],{},[58,73,74],{},"1958",[58,76,77],{},"38.5%",[58,79,80],{},"40.9%",[58,82,83],{},"32.2%",[37,85,86,89,92,95],{},[58,87,88],{},"1959",[58,90,91],{},"20.0%",[58,93,94],{},"25.9%",[58,96,97],{},"20.9%",[37,99,100,103,106,109],{},[58,101,102],{},"1960",[58,104,105],{},"-6.2%",[58,107,108],{},"22.8%",[58,110,111],{},"18.6%",[37,113,114,117,120,123],{},[58,115,116],{},"1961",[58,118,119],{},"22.4%",[58,121,122],{},"45.9%",[58,124,125],{},"35.9%",[37,127,128,131,134,137],{},[58,129,130],{},"1962",[58,132,133],{},"-7.6%",[58,135,136],{},"13.9%",[58,138,139],{},"11.9%",[37,141,142,145,148,151],{},[58,143,144],{},"1963",[58,146,147],{},"20.6%",[58,149,150],{},"38.7%",[58,152,153],{},"30.5%",[37,155,156,159,162,165],{},[58,157,158],{},"1964",[58,160,161],{},"18.7%",[58,163,164],{},"27.8%",[58,166,167],{},"22.3%",[37,169,170,173,176,179],{},[58,171,172],{},"1965",[58,174,175],{},"14.2%",[58,177,178],{},"47.2%",[58,180,181],{},"36.9%",[37,183,184,187,190,193],{},[58,185,186],{},"1966",[58,188,189],{},"-15.6%",[58,191,192],{},"20.4%",[58,194,195],{},"16.8%",[37,197,198,201,204,206],{},[58,199,200],{},"1967",[58,202,203],{},"19.0%",[58,205,125],{},[58,207,208],{},"28.4%",[210,211,212],"blockquote",{},[213,214,215],"ol",{},[216,217,218],"li",{},"根据道指年度涨跌计算，其中包含股息。表格中为合伙基金整年运作的年份。",[210,220,221],{},[213,222,223],{},[216,224,225],{},"1957-61 年的数据是之前全年管理的所有有限合伙人账户的综合业绩，其中扣除了经营费用，未计算有限合伙人利息和普通合伙人分成。",[210,227,228],{},[213,229,230],{},[216,231,232],{},"1957-61 年的数据按前一列合伙基金收益率计算得出，按照当前合伙协议，扣除了普通合伙人分成，未计算有限合伙人的每月提现。",[14,234,235],{},"下表是累计收益率或复合收益率：",[31,237,238,253],{},[34,239,240],{},[37,241,242,244,247,250],{},[40,243,42],{},[40,245,246],{},"道指整体收益率",[40,248,249],{},"合伙基金收益率",[40,251,252],{},"有限合伙人收益率",[53,254,255,265,279,293,307,321,335,349,363,377,391,405],{},[37,256,257,259,261,263],{},[58,258,60],{},[58,260,63],{},[58,262,66],{},[58,264,69],{},[37,266,267,270,273,276],{},[58,268,269],{},"1957 – 58",[58,271,272],{},"26.9%",[58,274,275],{},"55.6%",[58,277,278],{},"44.5%",[37,280,281,284,287,290],{},[58,282,283],{},"1957 – 59",[58,285,286],{},"52.3%",[58,288,289],{},"95.9%",[58,291,292],{},"74.7%",[37,294,295,298,301,304],{},[58,296,297],{},"1957 – 60",[58,299,300],{},"42.9%",[58,302,303],{},"140.6%",[58,305,306],{},"107.2%",[37,308,309,312,315,318],{},[58,310,311],{},"1957 – 61",[58,313,314],{},"74.9%",[58,316,317],{},"251.0%",[58,319,320],{},"181.6%",[37,322,323,326,329,332],{},[58,324,325],{},"1957 – 62",[58,327,328],{},"61.6%",[58,330,331],{},"299.8%",[58,333,334],{},"215.1%",[37,336,337,340,343,346],{},[58,338,339],{},"1957 – 63",[58,341,342],{},"94.9%",[58,344,345],{},"454.5%",[58,347,348],{},"311.2%",[37,350,351,354,357,360],{},[58,352,353],{},"1957 - 64",[58,355,356],{},"131.3%",[58,358,359],{},"608.7%",[58,361,362],{},"402.9%",[37,364,365,368,371,374],{},[58,366,367],{},"1957 - 65",[58,369,370],{},"164.1%",[58,372,373],{},"943.2%",[58,375,376],{},"588.5%",[37,378,379,382,385,388],{},[58,380,381],{},"1957 - 66",[58,383,384],{},"122.9%",[58,386,387],{},"1156.0%",[58,389,390],{},"704.2%",[37,392,393,396,399,402],{},[58,394,395],{},"1957 - 67",[58,397,398],{},"165.3%",[58,400,401],{},"1606.9%",[58,403,404],{},"932.6%",[37,406,407,410,412,415],{},[58,408,409],{},"年化复合收益率",[58,411,69],{},[58,413,414],{},"29.4%",[58,416,417],{},"23.6%",[18,419,420],{"id":420},"基金公司",[14,422,423],{},"和往常一样，下面是股票投资占 95-100% 的最大的两只开放式股票型基金（巴菲特合伙基金成立之初，这两只基金是规模最大的，今年德莱弗斯基金 (Dreyfus Fund) 超过了它们）和分散投资的最大的两只封闭式股票型基金的业绩，与合伙基金的收益率的对比情况。",[31,425,426,450],{},[34,427,428],{},[37,429,430,432,435,438,441,444,447],{},[40,431,42],{},[40,433,434],{},"Mass. Inv. Trust (1)",[40,436,437],{},"Investors Stock (1)",[40,439,440],{},"Lehman (2)",[40,442,443],{},"Tri-Cont. (2)",[40,445,446],{},"道指",[40,448,449],{},"有限合伙人实际收益率",[53,451,452,471,491,511,531,550,570,589,609,628,647,665,686],{},[37,453,454,456,459,462,464,467,469],{},[58,455,60],{},[58,457,458],{},"-11.4%",[58,460,461],{},"-12.4%",[58,463,458],{},[58,465,466],{},"-2.4%",[58,468,63],{},[58,470,69],{},[37,472,473,475,478,481,484,487,489],{},[58,474,74],{},[58,476,477],{},"42.7%",[58,479,480],{},"47.5%",[58,482,483],{},"40.8%",[58,485,486],{},"33.2%",[58,488,77],{},[58,490,83],{},[37,492,493,495,498,501,504,507,509],{},[58,494,88],{},[58,496,497],{},"9.0%",[58,499,500],{},"10.3%",[58,502,503],{},"8.1%",[58,505,506],{},"8.4%",[58,508,91],{},[58,510,97],{},[37,512,513,515,518,521,524,527,529],{},[58,514,102],{},[58,516,517],{},"-1.0%",[58,519,520],{},"-0.6%",[58,522,523],{},"2.5%",[58,525,526],{},"2.8%",[58,528,105],{},[58,530,111],{},[37,532,533,535,538,541,543,546,548],{},[58,534,116],{},[58,536,537],{},"25.6%",[58,539,540],{},"24.9%",[58,542,417],{},[58,544,545],{},"22.5%",[58,547,119],{},[58,549,125],{},[37,551,552,554,557,560,563,566,568],{},[58,553,130],{},[58,555,556],{},"-9.8%",[58,558,559],{},"-13.4%",[58,561,562],{},"-14.4%",[58,564,565],{},"-10.0%",[58,567,133],{},[58,569,139],{},[37,571,572,574,576,579,582,585,587],{},[58,573,144],{},[58,575,91],{},[58,577,578],{},"16.5%",[58,580,581],{},"23.7%",[58,583,584],{},"18.3%",[58,586,147],{},[58,588,153],{},[37,590,591,593,596,599,602,605,607],{},[58,592,158],{},[58,594,595],{},"15.9%",[58,597,598],{},"14.3%",[58,600,601],{},"13.6%",[58,603,604],{},"12.6%",[58,606,161],{},[58,608,167],{},[37,610,611,613,616,619,621,624,626],{},[58,612,172],{},[58,614,615],{},"10.2%",[58,617,618],{},"9.8%",[58,620,203],{},[58,622,623],{},"10.7%",[58,625,175],{},[58,627,181],{},[37,629,630,632,635,637,640,643,645],{},[58,631,186],{},[58,633,634],{},"-7.7%",[58,636,565],{},[58,638,639],{},"-2.6%",[58,641,642],{},"-6.9%",[58,644,189],{},[58,646,195],{},[37,648,649,651,653,655,658,661,663],{},[58,650,200],{},[58,652,91],{},[58,654,108],{},[58,656,657],{},"28.0%",[58,659,660],{},"25.4%",[58,662,203],{},[58,664,208],{},[37,666,667,670,673,676,679,682,684],{},[58,668,669],{},"累计收益率",[58,671,672],{},"162.3%",[58,674,675],{},"147.6%",[58,677,678],{},"206.2%",[58,680,681],{},"181.5%",[58,683,398],{},[58,685,404],{},[37,687,688,690,693,696,698,701,703],{},[58,689,409],{},[58,691,692],{},"9.2%",[58,694,695],{},"8.6%",[58,697,623],{},[58,699,700],{},"9.9%",[58,702,69],{},[58,704,417],{},[210,706,707],{},[213,708,709],{},[216,710,711],{},"计算包括资产价值变化以及当年持有人获得的分红。",[210,713,714],{},[213,715,716],{},[216,717,718],{},"来源：1967 Moody’s Bank & Finance Manual for 1957-1966。1967 年数据为估算值。",[14,720,721],{},"我在去年的信中说过：",[210,723,724],{},[14,725,726],{},"“有一些基金和一些私募机构，它们创造的业绩记录远远高于道指，其中有些也远远高于巴菲特合伙基金。它们的投资方法一般和我们不一样，不在我的能力范围之内。”",[14,728,729],{},"1967 年，这个情况更加明显。许多机构的业绩远远领先巴菲特合伙基金，收益率高达 100% 以上的不在少数。在如此靓丽的收益面前，大量资金、人才和精力汇集到一起，不遗余力地追求在股市迅速捞一笔。在我眼里，这是投机风气盛行，其中隐藏着风险，但是许多当局者肯定会矢口否认。",[14,731,732],{},"本·格雷厄姆是我的良师益友，他说过一句话：“投机不缺德、不犯法，也发不了家。”去年，有人天天吃投机的糖，吃成了大胖子，赚了很多钱。虽然我们还是吃燕麦，但是什么时候整体股市都患上消化不良，别以为我们能不疼不痒。",[18,734,735],{"id":735},"年业绩分析",[14,737,738],{},"在 1967 年良好的整体业绩背后，是各个投资类别表现的巨大差异。",[14,740,741],{},"我们的“套利类”出现了合伙基金成立以来最差的业绩。在 1965 年信中，我是这样定义套利类的：",[210,743,744],{},[14,745,746],{},"“……套利类投资有时间表可循。套利投资机会出现在出售、并购、重组、分拆等公司活动中。我们做套利投资不听传闻或“内幕消息”，只看公司的公告。在白纸黑字上读到了，我们才会出手。套利类投资有时也受大盘影响，但主要风险不是大盘涨跌，而是中途出现意外，预期的进展没有实现。”",[14,748,749],{},"1967 年的意外特别多，我们遭遇的意外特别多。我们平均投资了 17,246,879 美元，总收益是 153,273 美元。有的合伙人对数字不敏感，看不出来这个收益有多可怜。套利类去年的收益率是 0.89%。我没详细计算，但是我估计，无论过去哪一年，套利类的收益率都没有低于 10% 的时候。和其他几个类别一样，在套利类中，我们每年也是只集中做几笔投资。与广泛分散相比，我们这么投资，每年的业绩波动幅度会更大。我相信，按照我们的方法，从长期看，我们的收益差不了，1967 年一年的情况说明不了什么。",[14,751,752],{},"1967 年，我们的控制类投资同样拖累了相对业绩，这种情况在市场强劲上涨时很正常。我们控制类的平均投资是 20,192,776 美元，总收益是 2,894,571 美元。我对这样的业绩很满意，只要能继续保持下去，就算 1968 年市场继续走强，控制类继续落后，也没关系。1967 年，我们通过两家控股公司（多元零售公司和伯克希尔哈撒韦）收购了两家新公司，一个是联合棉布商店 (Associated Cotton Shops)，另一个是国民赔偿公司 (National Indemnity)（及其附属公司国民火灾与海事保险公司 (National Fire & Marine)）。我们对这两笔收购再满意不过了。实际情况与我们得知的情况完全相符，甚至更好。本•罗斯纳 (Ben Rosner) 和杰克•林沃特 (Jack Ringwalt) 分别是两家公司的总裁，他们把公司卖给了我们，但是仍留在公司做着一流的工作（他们只会这么工作）。无论是从哪个方面看，他们都是说到做到，甚至做得更好。",[14,754,755],{},"在 10 月 9 日信中，我讲了为什么要降低我们的投资目标，其中有一个原因是我对控股公司的经营感到非常满意。我打交道的人是我特别喜欢的，我经营的生意是我特别感兴趣的（没我不感兴趣的生意），通过付出也能获得合理的整体投资回报率（例如，10-12%）。要是为了多赚几个百分点，就东一榔头西一棒槌的，太傻了。再说了，本来已经认识了一流的人，和他们合作很愉快，回报率也相当好，就为了回报率再高一些，去惹一肚子气、一身的烦恼，甚至陷入更糟的境地，也不值。出于上述考虑，我们仍然会将一部分资金（按照我们的合伙协议，我们要考虑流动性，所以这部分投资不会超过 40%）投资于控股公司，尽管与更激进地在股市中买卖股票相比，这部分投资的预期收益率较低。",[14,757,758],{},"套利类和控制类共投资 37,439,655 美元，合计收益仅 3,047,844 美元。速算能力强的同学早就看出来了，去年我们在“低估类（相对低估）”中取得了巨大的收益。在相对低估类中，我们净平均投资 19,487,996 美元，总体收益 14,096,593 美元，收益率是 72%。在去年的信中，我说过有一笔投资在 1964、1965 和 1966 年遥遥领先大市，因为这笔投资仓位很重（是我们成立以来仓位最大的一笔投资，达到了 40% 的上限），所以对整体收益影响很大，对相对低估类的影响就更大了。1967 年，这笔投资仍然表现优异，这一只股票又为我们贡献了大部分收益。我们已经大幅减持了这只股票的仓位。在相对低估类中，无论是看规模，还是看潜力，我们现在没有一只股票能与这只相提并论。",[14,760,761],{},"去年，“低估类（基于产业资本视角）”表现不错（平均投资 5,141,710 美元，收益 1,297,215 美元）。目前，在这个类别中，我们有些还算可以的机会。",[18,763,764],{"id":764},"其他事项",[14,766,767],{},"今年，我们的初始净资产是 68,108,088 美元。去年年末，合伙人提现金额为 1,600,000 美元，主要是因为我在 10 月 9 日的信中宣布降低目标。他们这么做合情合理，因为他们大多数都有能力、有意愿超过我们的目标。现在我不必勉强追求在当前环境中可能无法实现的业绩了，我感到如释重负。",[14,769,770],{},"收到 10 月 9 日的信后，有些提现的合伙人和我打了招呼（许多什么也没和我说），他们问我：“你说的到底是什么意思啊？”不管写东西的是谁，听到这样的问题，都会感到有些受伤。我告诉他们，我真的没别的意思，就是我写的那些。还有人问我，我是不是打算逐步解散合伙基金。我的回答是“绝对没这个打算”。只要合伙人愿意把自己的资金和我的放在一块，而且我做得很开心（还有什么比这更好的），你们从我还穿球鞋时就支持我，我愿意一直和你们做合伙人。",[14,772,773],{},"8格拉迪斯•凯瑟 (Gladys Kaiser) 加入了我们，她和多娜、比尔、约翰一样，做的工作都是一流的。1968 年 1 月 1 日，合伙基金的所有员工及其配偶和子女在基金中有 1500 万美元以上的投资。上班时间，我们用不着吃“瞌睡无”（译注：NoDoz，一种含咖啡因的药品）。",[14,775,776],{},"几天后，各位将收到如下文件：",[210,778,779],{},[213,780,781],{},[216,782,783],{},"一份包含税收数据的信函，其中列有申报 1967 年联邦所得税所需的所有巴菲特合伙基金信息。",[210,785,786],{},[213,787,788],{},[216,789,790],{},"毕马威会计师事务所（今年他们的工作仍然很出色）出具的 1967 年审计报告，其中包含巴菲特合伙基金的运营数据和财务状况以及合伙人资本账户的信息。",[210,792,793],{},[213,794,795],{},[216,796,797],{},"一份由我签署的、证明您于 1968 年 1 月 1 日持有巴菲特合伙基金权益的文件，其中的权益数据与审计报告中列出的数据一致。",[14,799,800],{},"如果对信中内容有任何疑问，或者年中遇到任何问题，请随时与我联系。下一封信是上半年总结，各位将在  7 月 15 日左右收到。",[14,802,803],{},"沃伦 E. 巴菲特谨上",{"title":805,"searchDepth":806,"depth":806,"links":807},"",2,[808,810,811,812],{"id":20,"depth":809,"text":20},3,{"id":420,"depth":809,"text":420},{"id":735,"depth":809,"text":735},{"id":764,"depth":809,"text":764},"致合伙人信",null,"1967年巴菲特致合伙人信，讨论投资收益、合伙人关系维护及长期投资理念","md",{},true,26,"\u002Fbuffett\u002Fberkshire\u002Fhe-huo-ren-xin\u002F1967-ba-fei-te-zhi-he-huo-ren-xin",{"title":5,"description":815},"1967 巴菲特致合伙人信｜巴菲特","1967-ba-fei-te-zhi-he-huo-ren-xin","buffett\u002Fberkshire\u002Fhe-huo-ren-xin\u002F1967-ba-fei-te-zhi-he-huo-ren-xin","k5AOeJIMUTWR5c_hWFMVn_LCrrBSk4mFfRUblEUc7CQ","buffett",[828,832,836,840,843,846,849,852,855,858,862,865,868,872,875,878,882,885,888,892,895,898,902,905,908,912,915,918,922,925,928,932,935,938,942,945,948,952,955,958,962,965,968,972,975,978,982,985,988,992,995,998,1002,1005,1008,1013,1016,1019,1023,1026,1029,1033,1036,1039,1043,1046,1049,1053,1056,1059,1063,1066,1069,1073,1076,1079,1080,1083,1086,1090,1093,1096,1100,1103,1106,1110,1113,1116,1120,1123,1126,1130,1133,1136,1140,1143,1146,1150,1153,1156,1160,1163,1167,1170,1174,1177,1181,1184,1188,1191,1195,1198,1202,1205,1209,1212,1216,1219,1223,1226,1230,1233,1237,1240,1244,1247,1251,1254,1258,1261,1265,1268,1272,1275,1279,1282,1286,1289,1293,1296,1300,1303,1307,1310,1314,1317,1321,1324,1328,1331,1335,1338,1342,1345,1349,1352,1356,1359,1363,1366,1370,1373,1377,1380,1384,1387,1391,1394,1398,1401,1405,1408,1412,1415,1419,1422,1426,1429,1433,1436,1440,1443,1447,1450,1454,1457,1461,1464,1468,1471,1475,1478,1482,1485,1489,1492,1496,1499,1503,1506,1510,1513,1517,1520,1524,1527,1531,1534,1538,1541,1545,1548,1552,1555,1559,1562,1566,1569,1573,1576,1580,1583,1587,1590,1594,1597,1601,1604,1608,1611,1615,1618,1622,1625,1629,1633,1637,1641,1645,1649,1653,1657,1661,1665,1669,1673,1677,1681,1685,1689,1693,1697,1701,1705,1709,1713,1717,1721,1725,1729,1733,1737,1741,1745,1749,1753,1757,1761,1765,1769,1773,1777,1781,1785,1789,1793,1797,1801,1805,1809,1813,1817,1821,1825],{"title":829,"slug":830,"category":813,"order":831},"1956 有限合伙协议","1956-you-xian-he-huo-xie-yi",1,{"title":833,"slug":834,"category":835,"order":831},"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":837,"slug":838,"category":839,"order":831},"1994年伯克希尔股东大会","1994nian-bo-ke-xi-er-gu-dong-da-hui","股东大会",{"title":841,"slug":842,"category":813,"order":806},"1957 巴菲特致合伙人信","1957-ba-fei-te-zhi-he-huo-ren-xin",{"title":844,"slug":845,"category":835,"order":806},"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":847,"slug":848,"category":839,"order":806},"1995年伯克希尔股东大会","1995nian-bo-ke-xi-er-gu-dong-da-hui",{"title":850,"slug":851,"category":813,"order":809},"1958 巴菲特致合伙人信","1958-ba-fei-te-zhi-he-huo-ren-xin",{"title":853,"slug":854,"category":835,"order":809},"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":856,"slug":857,"category":839,"order":809},"1996年伯克希尔股东大会","1996nian-bo-ke-xi-er-gu-dong-da-hui",{"title":859,"slug":860,"category":813,"order":861},"1959 巴菲特致合伙人信","1959-ba-fei-te-zhi-he-huo-ren-xin",4,{"title":863,"slug":864,"category":835,"order":861},"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":866,"slug":867,"category":839,"order":861},"1997年伯克希尔股东大会","1997nian-bo-ke-xi-er-gu-dong-da-hui",{"title":869,"slug":870,"category":813,"order":871},"1960 巴菲特致合伙人信","1960-ba-fei-te-zhi-he-huo-ren-xin",5,{"title":873,"slug":874,"category":835,"order":871},"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":876,"slug":877,"category":839,"order":871},"1998年伯克希尔股东大会","1998nian-bo-ke-xi-er-gu-dong-da-hui",{"title":879,"slug":880,"category":813,"order":881},"1961 巴菲特致合伙人信","1961-ba-fei-te-zhi-he-huo-ren-xin",6,{"title":883,"slug":884,"category":835,"order":881},"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":886,"slug":887,"category":839,"order":881},"1999年伯克希尔股东大会","1999nian-bo-ke-xi-er-gu-dong-da-hui",{"title":889,"slug":890,"category":813,"order":891},"1961年中 巴菲特致合伙人信","1961nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",7,{"title":893,"slug":894,"category":835,"order":891},"巴菲特：1976年巴菲特谈GEICO","ba-fei-te-1976nian-ba-fei-te-tan-geico",{"title":896,"slug":897,"category":839,"order":891},"2000年伯克希尔股东大会","2000nian-bo-ke-xi-er-gu-dong-da-hui",{"title":899,"slug":900,"category":813,"order":901},"1962 巴菲特致合伙人信","1962-ba-fei-te-zhi-he-huo-ren-xin",8,{"title":903,"slug":904,"category":835,"order":901},"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":906,"slug":907,"category":839,"order":901},"2001年伯克希尔股东大会","2001nian-bo-ke-xi-er-gu-dong-da-hui",{"title":909,"slug":910,"category":813,"order":911},"1962年11月 巴菲特致合伙人信","1962nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",9,{"title":913,"slug":914,"category":835,"order":911},"巴菲特：1977年谈通货膨胀","ba-fei-te-1977nian-tan-tong-huo-peng-zhang",{"title":916,"slug":917,"category":839,"order":911},"2002年伯克希尔股东大会","2002nian-bo-ke-xi-er-gu-dong-da-hui",{"title":919,"slug":920,"category":813,"order":921},"1962年12月 巴菲特致合伙人信","1962nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",10,{"title":923,"slug":924,"category":835,"order":921},"巴菲特：1979年谈股市","ba-fei-te-1979nian-tan-gu-shi",{"title":926,"slug":927,"category":839,"order":921},"2003年伯克希尔股东大会","2003nian-bo-ke-xi-er-gu-dong-da-hui",{"title":929,"slug":930,"category":813,"order":931},"1962年中 巴菲特致合伙人信","1962nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",11,{"title":933,"slug":934,"category":835,"order":931},"巴菲特：1982年谈指数期货","ba-fei-te-1982nian-tan-zhi-shu-qi-huo",{"title":936,"slug":937,"category":839,"order":931},"2004年伯克希尔股东大会","2004nian-bo-ke-xi-er-gu-dong-da-hui",{"title":939,"slug":940,"category":813,"order":941},"1963 巴菲特致合伙人信","1963-ba-fei-te-zhi-he-huo-ren-xin",12,{"title":943,"slug":944,"category":835,"order":941},"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":946,"slug":947,"category":839,"order":941},"2005年伯克希尔股东大会","2005nian-bo-ke-xi-er-gu-dong-da-hui",{"title":949,"slug":950,"category":813,"order":951},"1963年11月 巴菲特致合伙人信","1963nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",13,{"title":953,"slug":954,"category":835,"order":951},"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":956,"slug":957,"category":839,"order":951},"2006年伯克希尔股东大会","2006nian-bo-ke-xi-er-gu-dong-da-hui",{"title":959,"slug":960,"category":813,"order":961},"1963年12月 巴菲特致合伙人信","1963nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",14,{"title":963,"slug":964,"category":835,"order":961},"巴菲特：1984年哥大商学院演讲","ba-fei-te-1984nian-ge-da-shang-xue-yuan-yan-jiang",{"title":966,"slug":967,"category":839,"order":961},"2007年伯克希尔股东大会","2007nian-bo-ke-xi-er-gu-dong-da-hui",{"title":969,"slug":970,"category":813,"order":971},"1963年中 巴菲特致合伙人信","1963nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",15,{"title":973,"slug":974,"category":835,"order":971},"巴菲特：1985年谈投资","ba-fei-te-1985nian-tan-tou-zi",{"title":976,"slug":977,"category":839,"order":971},"2008年伯克希尔股东大会","2008nian-bo-ke-xi-er-gu-dong-da-hui",{"title":979,"slug":980,"category":813,"order":981},"1964 巴菲特致合伙人信","1964-ba-fei-te-zhi-he-huo-ren-xin",16,{"title":983,"slug":984,"category":835,"order":981},"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":986,"slug":987,"category":839,"order":981},"2009年伯克希尔股东大会","2009nian-bo-ke-xi-er-gu-dong-da-hui",{"title":989,"slug":990,"category":813,"order":991},"1964年中 巴菲特致合伙人信","1964nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",17,{"title":993,"slug":994,"category":835,"order":991},"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":996,"slug":997,"category":839,"order":991},"2010年伯克希尔股东大会","2010nian-bo-ke-xi-er-gu-dong-da-hui",{"title":999,"slug":1000,"category":813,"order":1001},"1965 巴菲特致合伙人信","1965-ba-fei-te-zhi-he-huo-ren-xin",18,{"title":1003,"slug":1004,"category":835,"order":1001},"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":1006,"slug":1007,"category":839,"order":1001},"2011年伯克希尔股东大会","2011nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1009,"slug":1010,"category":1011,"order":1012},"1965 巴菲特致股东信","1965-ba-fei-te-zhi-gu-dong-xin","致股东信",19,{"title":1014,"slug":1015,"category":835,"order":1012},"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":1017,"slug":1018,"category":839,"order":1012},"2012年伯克希尔股东大会","2012nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1020,"slug":1021,"category":813,"order":1022},"1965年11月 巴菲特致合伙人信","1965nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",20,{"title":1024,"slug":1025,"category":835,"order":1022},"巴菲特：1988年谈投资","ba-fei-te-1988nian-tan-tou-zi",{"title":1027,"slug":1028,"category":839,"order":1022},"2013年伯克希尔股东大会","2013nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1030,"slug":1031,"category":813,"order":1032},"1965年中 巴菲特致合伙人信","1965nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",21,{"title":1034,"slug":1035,"category":835,"order":1032},"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":1037,"slug":1038,"category":839,"order":1032},"2014年伯克希尔股东大会","2014nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1040,"slug":1041,"category":813,"order":1042},"1966 巴菲特致合伙人信","1966-ba-fei-te-zhi-he-huo-ren-xin",22,{"title":1044,"slug":1045,"category":835,"order":1042},"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":1047,"slug":1048,"category":839,"order":1042},"2015年伯克希尔股东大会","2015nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1050,"slug":1051,"category":1011,"order":1052},"1966 巴菲特致股东信","1966-ba-fei-te-zhi-gu-dong-xin",23,{"title":1054,"slug":1055,"category":835,"order":1052},"巴菲特：1991年圣母大学演讲","ba-fei-te-1991nian-sheng-mu-da-xue-yan-jiang",{"title":1057,"slug":1058,"category":839,"order":1052},"2016年伯克希尔股东大会","2016nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1060,"slug":1061,"category":813,"order":1062},"1966年11月 巴菲特致合伙人信","1966nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",24,{"title":1064,"slug":1065,"category":835,"order":1062},"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":1067,"slug":1068,"category":839,"order":1062},"2017年伯克希尔股东大会","2017nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1070,"slug":1071,"category":813,"order":1072},"1966年中 巴菲特致合伙人信","1966nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",25,{"title":1074,"slug":1075,"category":835,"order":1072},"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":1077,"slug":1078,"category":839,"order":1072},"2018年伯克希尔股东大会","2018nian-bo-ke-xi-er-gu-dong-da-hui",{"title":5,"slug":823,"category":813,"order":819},{"title":1081,"slug":1082,"category":835,"order":819},"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":1084,"slug":1085,"category":839,"order":819},"2019年伯克希尔股东大会","2019nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1087,"slug":1088,"category":1011,"order":1089},"1967 巴菲特致股东信","1967-ba-fei-te-zhi-gu-dong-xin",27,{"title":1091,"slug":1092,"category":835,"order":1089},"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":1094,"slug":1095,"category":839,"order":1089},"2020年伯克希尔股东大会","2020nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1097,"slug":1098,"category":813,"order":1099},"1967年10月 巴菲特致合伙人信","1967nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",28,{"title":1101,"slug":1102,"category":835,"order":1099},"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":1104,"slug":1105,"category":839,"order":1099},"2021年伯克希尔股东大会","2021nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1107,"slug":1108,"category":813,"order":1109},"1967年11月 巴菲特致合伙人信","1967nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",29,{"title":1111,"slug":1112,"category":835,"order":1109},"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":1114,"slug":1115,"category":839,"order":1109},"2022年伯克希尔股东大会","2022nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1117,"slug":1118,"category":813,"order":1119},"1967年中 巴菲特致合伙人信","1967nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",30,{"title":1121,"slug":1122,"category":835,"order":1119},"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":1124,"slug":1125,"category":839,"order":1119},"2023年伯克希尔股东大会","2023nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1127,"slug":1128,"category":813,"order":1129},"1968 巴菲特致合伙人信","1968-ba-fei-te-zhi-he-huo-ren-xin",31,{"title":1131,"slug":1132,"category":835,"order":1129},"巴菲特：1998年华盛顿大学谈话","ba-fei-te-1998nian-hua-sheng-dun-da-xue-tan-hua",{"title":1134,"slug":1135,"category":839,"order":1129},"2024年伯克希尔股东大会","2024nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1137,"slug":1138,"category":1011,"order":1139},"1968 巴菲特致股东信","1968-ba-fei-te-zhi-gu-dong-xin",32,{"title":1141,"slug":1142,"category":835,"order":1139},"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":1144,"slug":1145,"category":839,"order":1139},"2025年伯克希尔股东大会","2025nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1147,"slug":1148,"category":813,"order":1149},"1968年11月 巴菲特致合伙人信","1968nian-11yue-ba-fei-te-zhi-he-huo-ren-xin",33,{"title":1151,"slug":1152,"category":835,"order":1149},"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":1154,"slug":1155,"category":839,"order":1149},"2026年伯克希尔股东大会","2026nian-bo-ke-xi-er-gu-dong-da-hui",{"title":1157,"slug":1158,"category":813,"order":1159},"1968年中 巴菲特致合伙人信","1968nian-zhong-ba-fei-te-zhi-he-huo-ren-xin",34,{"title":1161,"slug":1162,"category":835,"order":1159},"巴菲特：1999年巴菲特谈股市","ba-fei-te-1999nian-ba-fei-te-tan-gu-shi",{"title":1164,"slug":1165,"category":1011,"order":1166},"1969 巴菲特致股东信","1969-ba-fei-te-zhi-gu-dong-xin",35,{"title":1168,"slug":1169,"category":835,"order":1166},"巴菲特：2001年佐治亚大学演讲","ba-fei-te-2001nian-zuo-zhi-ya-da-xue-yan-jiang",{"title":1171,"slug":1172,"category":813,"order":1173},"1969年10月 巴菲特致合伙人信","1969nian-10yue-ba-fei-te-zhi-he-huo-ren-xin",36,{"title":1175,"slug":1176,"category":835,"order":1173},"巴菲特：2001年保险业的FDIC","ba-fei-te-2001nian-bao-xian-ye-de-fdic",{"title":1178,"slug":1179,"category":813,"order":1180},"1969年12月 巴菲特致合伙人信","1969nian-12yue-ba-fei-te-zhi-he-huo-ren-xin",37,{"title":1182,"slug":1183,"category":835,"order":1180},"巴菲特：2001年对话内大商学院","ba-fei-te-2001nian-dui-hua-nei-da-shang-xue-yuan",{"title":1185,"slug":1186,"category":813,"order":1187},"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":1189,"slug":1190,"category":835,"order":1187},"巴菲特：2001年巴菲特谈股市","ba-fei-te-2001nian-ba-fei-te-tan-gu-shi",{"title":1192,"slug":1193,"category":813,"order":1194},"1969年5月 巴菲特致合伙人信","1969nian-5yue-ba-fei-te-zhi-he-huo-ren-xin",39,{"title":1196,"slug":1197,"category":835,"order":1194},"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":1199,"slug":1200,"category":1011,"order":1201},"1970 巴菲特致股东信","1970-ba-fei-te-zhi-gu-dong-xin",40,{"title":1203,"slug":1204,"category":835,"order":1201},"巴菲特：2002年哥大商学院演讲","ba-fei-te-2002nian-ge-da-shang-xue-yuan-yan-jiang",{"title":1206,"slug":1207,"category":813,"order":1208},"1970年2月 巴菲特致合伙人信","1970nian-2yue-ba-fei-te-zhi-he-huo-ren-xin",41,{"title":1210,"slug":1211,"category":835,"order":1208},"巴菲特：2002年股票期权与常识","ba-fei-te-2002nian-gu-piao-qi-quan-yu-chang-shi",{"title":1213,"slug":1214,"category":1011,"order":1215},"1971 巴菲特致股东信","1971-ba-fei-te-zhi-gu-dong-xin",42,{"title":1217,"slug":1218,"category":835,"order":1215},"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":1220,"slug":1221,"category":1011,"order":1222},"1972 巴菲特致股东信","1972-ba-fei-te-zhi-gu-dong-xin",43,{"title":1224,"slug":1225,"category":835,"order":1222},"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":1227,"slug":1228,"category":1011,"order":1229},"1973 巴菲特致股东信","1973-ba-fei-te-zhi-gu-dong-xin",44,{"title":1231,"slug":1232,"category":835,"order":1229},"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":1234,"slug":1235,"category":1011,"order":1236},"1974 巴菲特致股东信","1974-ba-fei-te-zhi-gu-dong-xin",45,{"title":1238,"slug":1239,"category":835,"order":1236},"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":1241,"slug":1242,"category":1011,"order":1243},"1975 巴菲特致股东信","1975-ba-fei-te-zhi-gu-dong-xin",46,{"title":1245,"slug":1246,"category":835,"order":1243},"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":1248,"slug":1249,"category":1011,"order":1250},"1976 巴菲特致股东信","1976-ba-fei-te-zhi-gu-dong-xin",47,{"title":1252,"slug":1253,"category":835,"order":1250},"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":1255,"slug":1256,"category":1011,"order":1257},"1977 巴菲特致股东信","1977-ba-fei-te-zhi-gu-dong-xin",48,{"title":1259,"slug":1260,"category":835,"order":1257},"巴菲特：2003年沃伦在担心什么","ba-fei-te-2003nian-wo-lun-zai-dan-xin-shi-me",{"title":1262,"slug":1263,"category":1011,"order":1264},"1978 巴菲特致股东信","1978-ba-fei-te-zhi-gu-dong-xin",49,{"title":1266,"slug":1267,"category":835,"order":1264},"巴菲特：2003年股息巫术","ba-fei-te-2003nian-gu-xi-wu-shu",{"title":1269,"slug":1270,"category":1011,"order":1271},"1979 巴菲特致股东信","1979-ba-fei-te-zhi-gu-dong-xin",50,{"title":1273,"slug":1274,"category":835,"order":1271},"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":1276,"slug":1277,"category":1011,"order":1278},"1980 巴菲特致股东信","1980-ba-fei-te-zhi-gu-dong-xin",51,{"title":1280,"slug":1281,"category":835,"order":1278},"巴菲特：2004年专访苏珊·巴菲特","ba-fei-te-2004nian-zhuan-fang-su-shan-ba-fei-te",{"title":1283,"slug":1284,"category":1011,"order":1285},"1981 巴菲特致股东信","1981-ba-fei-te-zhi-gu-dong-xin",52,{"title":1287,"slug":1288,"category":835,"order":1285},"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":1290,"slug":1291,"category":1011,"order":1292},"1982 巴菲特致股东信","1982-ba-fei-te-zhi-gu-dong-xin",53,{"title":1294,"slug":1295,"category":835,"order":1292},"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":1297,"slug":1298,"category":1011,"order":1299},"1983 巴菲特致股东信","1983-ba-fei-te-zhi-gu-dong-xin",54,{"title":1301,"slug":1302,"category":835,"order":1299},"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":1304,"slug":1305,"category":1011,"order":1306},"1984 巴菲特致股东信","1984-ba-fei-te-zhi-gu-dong-xin",55,{"title":1308,"slug":1309,"category":835,"order":1306},"巴菲特：2005年加州大学问答纪要","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":1311,"slug":1312,"category":1011,"order":1313},"1985 巴菲特致股东信","1985-ba-fei-te-zhi-gu-dong-xin",56,{"title":1315,"slug":1316,"category":835,"order":1313},"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":1318,"slug":1319,"category":1011,"order":1320},"1986 巴菲特致股东信","1986-ba-fei-te-zhi-gu-dong-xin",57,{"title":1322,"slug":1323,"category":835,"order":1320},"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":1325,"slug":1326,"category":1011,"order":1327},"1987 巴菲特致股东信","1987-ba-fei-te-zhi-gu-dong-xin",58,{"title":1329,"slug":1330,"category":835,"order":1327},"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":1332,"slug":1333,"category":1011,"order":1334},"1988 巴菲特致股东信","1988-ba-fei-te-zhi-gu-dong-xin",59,{"title":1336,"slug":1337,"category":835,"order":1334},"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":1339,"slug":1340,"category":1011,"order":1341},"1989 巴菲特致股东信","1989-ba-fei-te-zhi-gu-dong-xin",60,{"title":1343,"slug":1344,"category":835,"order":1341},"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":1346,"slug":1347,"category":1011,"order":1348},"1990 巴菲特致股东信","1990-ba-fei-te-zhi-gu-dong-xin",61,{"title":1350,"slug":1351,"category":835,"order":1348},"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":1353,"slug":1354,"category":1011,"order":1355},"1991 巴菲特致股东信","1991-ba-fei-te-zhi-gu-dong-xin",62,{"title":1357,"slug":1358,"category":835,"order":1355},"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":1360,"slug":1361,"category":1011,"order":1362},"1992 巴菲特致股东信","1992-ba-fei-te-zhi-gu-dong-xin",63,{"title":1364,"slug":1365,"category":835,"order":1362},"巴菲特：2006年慈善捐赠承诺","ba-fei-te-2006nian-ci-shan-juan-zeng-cheng-nuo",{"title":1367,"slug":1368,"category":1011,"order":1369},"1993 巴菲特致股东信","1993-ba-fei-te-zhi-gu-dong-xin",64,{"title":1371,"slug":1372,"category":835,"order":1369},"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":1374,"slug":1375,"category":1011,"order":1376},"1994 巴菲特致股东信","1994-ba-fei-te-zhi-gu-dong-xin",65,{"title":1378,"slug":1379,"category":835,"order":1376},"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":1381,"slug":1382,"category":1011,"order":1383},"1995 巴菲特致股东信","1995-ba-fei-te-zhi-gu-dong-xin",66,{"title":1385,"slug":1386,"category":835,"order":1383},"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":1388,"slug":1389,"category":1011,"order":1390},"1996 巴菲特致股东信","1996-ba-fei-te-zhi-gu-dong-xin",67,{"title":1392,"slug":1393,"category":835,"order":1390},"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":1395,"slug":1396,"category":1011,"order":1397},"1997 巴菲特致股东信","1997-ba-fei-te-zhi-gu-dong-xin",68,{"title":1399,"slug":1400,"category":835,"order":1397},"巴菲特：2007年巴菲特接见Dardashti","ba-fei-te-2007nian-ba-fei-te-jie-jian-dardashti",{"title":1402,"slug":1403,"category":1011,"order":1404},"1998 巴菲特致股东信","1998-ba-fei-te-zhi-gu-dong-xin",69,{"title":1406,"slug":1407,"category":835,"order":1404},"巴菲特：2007年接受央视专访","ba-fei-te-2007nian-jie-shou-yang-shi-zhuan-fang",{"title":1409,"slug":1410,"category":1011,"order":1411},"1999 巴菲特致股东信","1999-ba-fei-te-zhi-gu-dong-xin",70,{"title":1413,"slug":1414,"category":835,"order":1411},"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":1416,"slug":1417,"category":1011,"order":1418},"2000 巴菲特致股东信","2000-ba-fei-te-zhi-gu-dong-xin",71,{"title":1420,"slug":1421,"category":835,"order":1418},"巴菲特：2007年查理罗斯专访","ba-fei-te-2007nian-cha-li-luo-si-zhuan-fang",{"title":1423,"slug":1424,"category":1011,"order":1425},"2001 巴菲特致股东信","2001-ba-fei-te-zhi-gu-dong-xin",72,{"title":1427,"slug":1428,"category":835,"order":1425},"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":1430,"slug":1431,"category":1011,"order":1432},"2002 巴菲特致股东信","2002-ba-fei-te-zhi-gu-dong-xin",73,{"title":1434,"slug":1435,"category":835,"order":1432},"巴菲特：2008年买入美国正当时","ba-fei-te-2008nian-mai-ru-mei-guo-zheng-dang-shi",{"title":1437,"slug":1438,"category":1011,"order":1439},"2003 巴菲特致股东信","2003-ba-fei-te-zhi-gu-dong-xin",74,{"title":1441,"slug":1442,"category":835,"order":1439},"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":1444,"slug":1445,"category":1011,"order":1446},"2004 巴菲特致股东信","2004-ba-fei-te-zhi-gu-dong-xin",75,{"title":1448,"slug":1449,"category":835,"order":1446},"巴菲特：2008年对话商学院学生","ba-fei-te-2008nian-dui-hua-shang-xue-yuan-xue-sheng",{"title":1451,"slug":1452,"category":1011,"order":1453},"2005 巴菲特致股东信","2005-ba-fei-te-zhi-gu-dong-xin",76,{"title":1455,"slug":1456,"category":835,"order":1453},"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":1458,"slug":1459,"category":1011,"order":1460},"2006 巴菲特致股东信","2006-ba-fei-te-zhi-gu-dong-xin",77,{"title":1462,"slug":1463,"category":835,"order":1460},"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":1465,"slug":1466,"category":1011,"order":1467},"2007 巴菲特致股东信","2007-ba-fei-te-zhi-gu-dong-xin",78,{"title":1469,"slug":1470,"category":835,"order":1467},"巴菲特：2008年给保尔森的信","ba-fei-te-2008nian-gei-bao-er-sen-de-xin",{"title":1472,"slug":1473,"category":1011,"order":1474},"2008 巴菲特致股东信","2008-ba-fei-te-zhi-gu-dong-xin",79,{"title":1476,"slug":1477,"category":835,"order":1474},"巴菲特：2008年解析经济危机","ba-fei-te-2008nian-jie-xi-jing-ji-wei-ji",{"title":1479,"slug":1480,"category":1011,"order":1481},"2009 巴菲特致股东信","2009-ba-fei-te-zhi-gu-dong-xin",80,{"title":1483,"slug":1484,"category":835,"order":1481},"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":1486,"slug":1487,"category":1011,"order":1488},"2010 巴菲特致股东信","2010-ba-fei-te-zhi-gu-dong-xin",81,{"title":1490,"slug":1491,"category":835,"order":1488},"巴菲特：2009年CNBC 专访","ba-fei-te-2009nian-cnbc-zhuan-fang",{"title":1493,"slug":1494,"category":1011,"order":1495},"2011 巴菲特致股东信","2011-ba-fei-te-zhi-gu-dong-xin",82,{"title":1497,"slug":1498,"category":835,"order":1495},"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":1500,"slug":1501,"category":1011,"order":1502},"2012 巴菲特致股东信","2012-ba-fei-te-zhi-gu-dong-xin",83,{"title":1504,"slug":1505,"category":835,"order":1502},"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":1507,"slug":1508,"category":1011,"order":1509},"2013 巴菲特致股东信","2013-ba-fei-te-zhi-gu-dong-xin",84,{"title":1511,"slug":1512,"category":835,"order":1509},"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":1514,"slug":1515,"category":1011,"order":1516},"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":1518,"slug":1519,"category":835,"order":1516},"巴菲特：2009年收购BNSF 铁路","ba-fei-te-2009nian-shou-gou-bnsf-tie-lu",{"title":1521,"slug":1522,"category":1011,"order":1523},"2014 副董事长的思考","2014-fu-dong-shi-chang-de-si-kao",86,{"title":1525,"slug":1526,"category":835,"order":1523},"巴菲特：2009年美元效应","ba-fei-te-2009nian-mei-yuan-xiao-ying",{"title":1528,"slug":1529,"category":1011,"order":1530},"2014 巴菲特致股东信","2014-ba-fei-te-zhi-gu-dong-xin",87,{"title":1532,"slug":1533,"category":835,"order":1530},"巴菲特：2009年阿克伦大学商学院问答实录","ba-fei-te-2009nian-a-ke-lun-da-xue-shang-xue-yuan-wen-da-shi-lu",{"title":1535,"slug":1536,"category":1011,"order":1537},"2015 巴菲特致股东信","2015-ba-fei-te-zhi-gu-dong-xin",88,{"title":1539,"slug":1540,"category":835,"order":1537},"巴菲特：2010年\"捐赠誓言\"计划","ba-fei-te-2010nian-juan-zeng-shi-yan-ji-hua",{"title":1542,"slug":1543,"category":1011,"order":1544},"2016 巴菲特致股东信","2016-ba-fei-te-zhi-gu-dong-xin",89,{"title":1546,"slug":1547,"category":835,"order":1544},"巴菲特：2010年CNBC 专访","ba-fei-te-2010nian-cnbc-zhuan-fang",{"title":1549,"slug":1550,"category":1011,"order":1551},"2017 巴菲特致股东信","2017-ba-fei-te-zhi-gu-dong-xin",90,{"title":1553,"slug":1554,"category":835,"order":1551},"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":1556,"slug":1557,"category":1011,"order":1558},"2018 巴菲特致股东信","2018-ba-fei-te-zhi-gu-dong-xin",91,{"title":1560,"slug":1561,"category":835,"order":1558},"巴菲特：2010年央视财经采访","ba-fei-te-2010nian-yang-shi-cai-jing-cai-fang",{"title":1563,"slug":1564,"category":1011,"order":1565},"2019 巴菲特致股东信","2019-ba-fei-te-zhi-gu-dong-xin",92,{"title":1567,"slug":1568,"category":835,"order":1565},"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":1570,"slug":1571,"category":1011,"order":1572},"2020 巴菲特致股东信","2020-ba-fei-te-zhi-gu-dong-xin",93,{"title":1574,"slug":1575,"category":835,"order":1572},"巴菲特：2010年慈善中国行","ba-fei-te-2010nian-ci-shan-zhong-guo-xing",{"title":1577,"slug":1578,"category":1011,"order":1579},"2021 巴菲特致股东信","2021-ba-fei-te-zhi-gu-dong-xin",94,{"title":1581,"slug":1582,"category":835,"order":1579},"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":1584,"slug":1585,"category":1011,"order":1586},"2022 巴菲特致股东信","2022-ba-fei-te-zhi-gu-dong-xin",95,{"title":1588,"slug":1589,"category":835,"order":1586},"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":1591,"slug":1592,"category":1011,"order":1593},"2023 巴菲特致股东信","2023-ba-fei-te-zhi-gu-dong-xin",96,{"title":1595,"slug":1596,"category":835,"order":1593},"巴菲特：2011年500 亿美元的决定","ba-fei-te-2011nian-500-yi-mei-yuan-de-jue-ding",{"title":1598,"slug":1599,"category":1011,"order":1600},"2024 巴菲特致股东信","2024-ba-fei-te-zhi-gu-dong-xin",97,{"title":1602,"slug":1603,"category":835,"order":1600},"巴菲特：2011年CNBC 专访","ba-fei-te-2011nian-cnbc-zhuan-fang",{"title":1605,"slug":1606,"category":1011,"order":1607},"2025 巴菲特致股东信","2025-ba-fei-te-zhi-gu-dong-xin",98,{"title":1609,"slug":1610,"category":835,"order":1607},"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":1612,"slug":1613,"category":1011,"order":1614},"2025 感恩节致辞","2025-gan-en-jie-zhi-ci",99,{"title":1616,"slug":1617,"category":835,"order":1614},"巴菲特：2011年查理·罗斯专访","ba-fei-te-2011nian-cha-li-luo-si-zhuan-fang",{"title":1619,"slug":1620,"category":1011,"order":1621},"2026 阿贝尔致股东信","2026-a-bei-er-zhi-gu-dong-xin",100,{"title":1623,"slug":1624,"category":835,"order":1621},"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":1626,"slug":1627,"category":835,"order":1628},"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":1630,"slug":1631,"category":835,"order":1632},"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":1634,"slug":1635,"category":835,"order":1636},"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":1638,"slug":1639,"category":835,"order":1640},"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":1642,"slug":1643,"category":835,"order":1644},"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":1646,"slug":1647,"category":835,"order":1648},"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":1650,"slug":1651,"category":835,"order":1652},"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":1654,"slug":1655,"category":835,"order":1656},"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":1658,"slug":1659,"category":835,"order":1660},"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":1662,"slug":1663,"category":835,"order":1664},"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":1666,"slug":1667,"category":835,"order":1668},"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":1670,"slug":1671,"category":835,"order":1672},"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":1674,"slug":1675,"category":835,"order":1676},"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":1678,"slug":1679,"category":835,"order":1680},"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":1682,"slug":1683,"category":835,"order":1684},"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":1686,"slug":1687,"category":835,"order":1688},"巴菲特：2015年接受亚利桑那州立大学领导力教授杰夫·坎宁安的专访实录","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":1690,"slug":1691,"category":835,"order":1692},"巴菲特：2015年追忆唐基奥","ba-fei-te-2015nian-zhui-yi-tang-ji-ao",117,{"title":1694,"slug":1695,"category":835,"order":1696},"巴菲特：2015慈善承诺倡议","ba-fei-te-2015ci-shan-cheng-nuo-chang-yi",118,{"title":1698,"slug":1699,"category":835,"order":1700},"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":1702,"slug":1703,"category":835,"order":1704},"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":1706,"slug":1707,"category":835,"order":1708},"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":1710,"slug":1711,"category":835,"order":1712},"巴菲特：2017年接受CNBC采访","ba-fei-te-2017nian-jie-shou-cnbccai-fang",122,{"title":1714,"slug":1715,"category":835,"order":1716},"巴菲特：2017年接受PBS NEWS专访","ba-fei-te-2017nian-jie-shou-pbs-newszhuan-fang",123,{"title":1718,"slug":1719,"category":835,"order":1720},"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":1722,"slug":1723,"category":835,"order":1724},"巴菲特：2017年美国的未来","ba-fei-te-2017nian-mei-guo-de-wei-lai",125,{"title":1726,"slug":1727,"category":835,"order":1728},"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":1730,"slug":1731,"category":835,"order":1732},"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":1734,"slug":1735,"category":835,"order":1736},"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":1738,"slug":1739,"category":835,"order":1740},"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":1742,"slug":1743,"category":835,"order":1744},"巴菲特：2020年接受CNBC专访","ba-fei-te-2020nian-jie-shou-cnbczhuan-fang",130,{"title":1746,"slug":1747,"category":835,"order":1748},"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":1750,"slug":1751,"category":835,"order":1752},"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":1754,"slug":1755,"category":835,"order":1756},"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":1758,"slug":1759,"category":835,"order":1760},"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":1762,"slug":1763,"category":835,"order":1764},"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":1766,"slug":1767,"category":835,"order":1768},"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":1770,"slug":1771,"category":835,"order":1772},"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":1774,"slug":1775,"category":835,"order":1776},"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":1778,"slug":1779,"category":835,"order":1780},"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":1782,"slug":1783,"category":835,"order":1784},"巴菲特：2023年接受CNBC专访","ba-fei-te-2023nian-jie-shou-cnbczhuan-fang",140,{"title":1786,"slug":1787,"category":835,"order":1788},"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":1790,"slug":1791,"category":835,"order":1792},"巴菲特：2025年接受cbs采访","ba-fei-te-2025nian-jie-shou-cbscai-fang",142,{"title":1794,"slug":1795,"category":835,"order":1796},"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":1798,"slug":1799,"category":835,"order":1800},"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":1802,"slug":1803,"category":835,"order":1804},"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":1806,"slug":1807,"category":835,"order":1808},"巴菲特72条投资经典语录","ba-fei-te-72tiao-tou-zi-jing-dian-yu-lu",146,{"title":1810,"slug":1811,"category":835,"order":1812},"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":1814,"slug":1815,"category":835,"order":1816},"巴菲特：如何建立能力圈","ba-fei-te-ru-he-jian-li-neng-li-quan",148,{"title":1818,"slug":1819,"category":835,"order":1820},"巴菲特：巴菲特估值逻辑","ba-fei-te-ba-fei-te-gu-zhi-luo-ji",149,{"title":1822,"slug":1823,"category":835,"order":1824},"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":1826,"slug":1827,"category":835,"order":1828},"考夫曼：Glenair 企业文化","kao-fu-man-glenair-qi-ye-wen-hua",151,[1830,1834,1837,1840,1843,1846,1849,1852,1855,1859,1863,1866,1869,1872,1875,1878,1881,1884,1887,1890,1893,1896,1899,1902,1905,1909,1912,1915,1918,1921,1924,1927,1930,1933,1936,1940,1943,1946,1949,1952,1955,1958,1961,1965,1968,1971,1974,1977,1980,1983,1986,1989,1992,1995,1998,2001,2004,2007,2010,2013,2016,2019,2022,2025,2028,2031,2034,2037,2040,2043,2046,2051,2055,2059,2063,2067,2071,2075,2079,2083,2087,2091,2095,2099,2103,2107,2111,2115,2119,2123,2127],{"title":1831,"slug":1832,"category":1833,"order":831},"本分","benfen","核心哲学",{"title":1835,"slug":1836,"category":1833,"order":806},"平常心","pingchangxin",{"title":1838,"slug":1839,"category":1833,"order":809},"做对的事情","zuoduideshiqing",{"title":1841,"slug":1842,"category":1833,"order":861},"把事情做对","bashiqingzuodui",{"title":1844,"slug":1845,"category":1833,"order":871},"能力圈","nengliquan",{"title":1847,"slug":1848,"category":1833,"order":881},"不做什么","buzuoshenme",{"title":1850,"slug":1851,"category":1833,"order":891},"敢为天下后","ganweitianxiahou",{"title":1853,"slug":1854,"category":1833,"order":901},"消费者导向","xiaofeizhedaoxiang",{"title":1856,"slug":1857,"category":1858,"order":911},"价值投资","jiazhitouzi","投资理念",{"title":1860,"slug":1861,"category":1862,"order":921},"负债","fuzhai","财务指标",{"title":1864,"slug":1865,"category":1858,"order":921},"商业模式","shangyemoshi",{"title":1867,"slug":1868,"category":1858,"order":931},"护城河","huchenghe",{"title":1870,"slug":1871,"category":1862,"order":931},"净现金","jingxianjin",{"title":1873,"slug":1874,"category":1862,"order":941},"开销合理性","kaixiaohelixing",{"title":1876,"slug":1877,"category":1858,"order":941},"现金流","xianjinliu",{"title":1879,"slug":1880,"category":1862,"order":951},"真实利润","zhenshilirun",{"title":1882,"slug":1883,"category":1858,"order":951},"折现","zhexian",{"title":1885,"slug":1886,"category":1858,"order":961},"安全边际","anquanbianji",{"title":1888,"slug":1889,"category":1862,"order":961},"扣除商誉的净资产","jingzichan",{"title":1891,"slug":1892,"category":1858,"order":971},"基本面","jibenmian",{"title":1894,"slug":1895,"category":1858,"order":981},"机会成本","jihuichengben",{"title":1897,"slug":1898,"category":1858,"order":991},"长期持有","zhangqichiyou",{"title":1900,"slug":1901,"category":1858,"order":1001},"投机","touji",{"title":1903,"slug":1904,"category":1858,"order":1012},"止损","zhisun",{"title":1906,"slug":1907,"category":1908,"order":1022},"企业文化","qiyewenhua","企业经营",{"title":1910,"slug":1911,"category":1908,"order":1032},"品牌","pinpai",{"title":1913,"slug":1914,"category":1908,"order":1042},"差异化","chayihua",{"title":1916,"slug":1917,"category":1908,"order":1052},"用户体验","yonghutiyan",{"title":1919,"slug":1920,"category":1908,"order":1062},"渠道","qudao",{"title":1922,"slug":1923,"category":1908,"order":1072},"平台","pingtai",{"title":1925,"slug":1926,"category":1908,"order":819},"生态系统","shengtaixitong",{"title":1928,"slug":1929,"category":1908,"order":1089},"单一产品","danyichanpin",{"title":1931,"slug":1932,"category":1908,"order":1099},"造钟人","zaozhongren",{"title":1934,"slug":1935,"category":1908,"order":1109},"利润之上的追求","lirunzhishangdezhuiqiu",{"title":1937,"slug":1938,"category":1939,"order":1119},"进取心","jinquxin","品格与心性",{"title":1941,"slug":1942,"category":1939,"order":1129},"耐心","naixin",{"title":1944,"slug":1945,"category":1939,"order":1139},"责任心","zerenxin",{"title":1947,"slug":1948,"category":1939,"order":1149},"爱心","aixin",{"title":1950,"slug":1951,"category":1939,"order":1159},"信誉","xinyu",{"title":1953,"slug":1954,"category":1939,"order":1166},"正直","zhengzhi",{"title":1956,"slug":1957,"category":1939,"order":1173},"理性","lixing",{"title":1959,"slug":1960,"category":1939,"order":1180},"长期主义","zhangqizhuyi",{"title":1962,"slug":1963,"category":1964,"order":1621},"1999年 《都市快报》采访手记","duanyongping-1999nian-doushikuaibao-caifangshouji","访谈实录",{"title":1966,"slug":1967,"category":1964,"order":1628},"1999年 步步高讲话","duanyongping-1999nian-bubugaojianghua",{"title":1969,"slug":1970,"category":1964,"order":1632},"1999年做客人民大学精彩问答实录","duanyongping-1999nianzuokerenmindaxuejingcaiwendashilu",{"title":1972,"slug":1973,"category":1964,"order":1636},"2000年 《销售与市场》杂志专访","duanyongping-2000nian-xiaoshouyushichang-zazhizhuanfang",{"title":1975,"slug":1976,"category":1964,"order":1640},"2000年在央视“品牌与传播国际论坛”上的演讲","duanyongping-2000nianzaiyangshi-pinpaiyuchuanboguojiluntan-shangdeyanjiang",{"title":1978,"slug":1979,"category":1964,"order":1644},"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":1981,"slug":1982,"category":1964,"order":1648},"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":1984,"slug":1985,"category":1964,"order":1652},"2001年 我为什么要去读书？ —— 《读者》2001年11月刊","duanyongping-2001nian-woweishenmeyaoqudushu-duzhe-2001nian11yuekan",{"title":1987,"slug":1988,"category":1964,"order":1656},"2001年《世界经理人文摘》专访","duanyongping-2001nian-shijiejinglirenwenzhai-zhuanfang",{"title":1990,"slug":1991,"category":1964,"order":1660},"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":1993,"slug":1994,"category":1964,"order":1664},"2003年北京大学总裁班演讲座谈会全程实录","duanyongping-2003nianbeijingdaxuezongcaibanyanjiangzuotanhuiquanchengshilu",{"title":1996,"slug":1997,"category":1964,"order":1668},"2004财富人生—段永平 2004 采访","duanyongping-2004caifurensheng-duanyongping-2004-caifang",{"title":1999,"slug":2000,"category":1964,"order":1672},"2005年步步高十周年“记”念晚会：段永平发言","duanyongping-2005nianbubugaoshizhounian-ji-nianwanhui-duanyongpingfayan",{"title":2002,"slug":2003,"category":1964,"order":1676},"2006年 深度对话网易证券全程实录","duanyongping-2006nian-shenduduihuawangyizhengquanquanchengshilu",{"title":2005,"slug":2006,"category":1964,"order":1680},"2006年做客新浪财经频道聊天全实录","duanyongping-2006nianzuokexinlangcaijingpindaoliaotianquanshilu",{"title":2008,"slug":2009,"category":1964,"order":1684},"2006年浙大“实话实说”","duanyongping-2006nianzheda-shihuashishuo",{"title":2011,"slug":2012,"category":1964,"order":1688},"2007年与巴菲特共进午餐后网易专访","duanyongping-2007nianyubafeitegongjinwucanhouwangyizhuanfang",{"title":2014,"slug":2015,"category":1964,"order":1692},"2007年波士堂访谈","duanyongping-2007nianboshitangfangtan",{"title":2017,"slug":2018,"category":1964,"order":1696},"2009年 深度专访： 探讨公益人生，分享成功体会","duanyongping-2009nian-shenduzhuanfang-tantaogongyirensheng-fenxiangchenggongtihu",{"title":2020,"slug":2021,"category":1964,"order":1700},"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":2023,"slug":2024,"category":1964,"order":1704},"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":2026,"slug":2027,"category":1964,"order":1708},"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":2029,"slug":2030,"category":1964,"order":1712},"2011年买入苹果思考","duanyongping-2011nianmairupingguosikao",{"title":2032,"slug":2033,"category":1964,"order":1716},"2013年浙大演讲","duanyongping-2013nianzhedayanjiang",{"title":2035,"slug":2036,"category":1964,"order":1720},"2016年浙大60周年专访","duanyongping-2016nianzheda60zhounianzhuanfang",{"title":2038,"slug":2039,"category":1964,"order":1724},"2025年浙江大学演讲及问答完整版","duanyongping-2025nianzhejiangdaxueyanjiangjiwendawanzhengban",{"title":2041,"slug":2042,"category":1964,"order":1728},"2025年谈躺平与内卷、与王石交流子女教育","duanyongping-2025niantantangpingyuneijuan-yuwangshijiaoliuzinvjiaoyu",{"title":2044,"slug":2045,"category":1964,"order":1732},"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":2047,"slug":2048,"category":2049,"order":2050},"问答录：第一章 投资大道","dadaotouziwendalu-diyizhangtouzidadao","投资问答录",200,{"title":2052,"slug":2053,"category":2049,"order":2054},"问答录：第二章 商业模式和企业文化","dadaotouziwendalu-dierzhangshangyemoshiheqiyewenhua",201,{"title":2056,"slug":2057,"category":2049,"order":2058},"问答录：第三章 公司点评","dadaotouziwendalu-disanzhanggongsidianping",202,{"title":2060,"slug":2061,"category":2049,"order":2062},"问答录：第四章 人生箴言","dadaotouziwendalu-disizhangrenshengzhenyan",203,{"title":2064,"slug":2065,"category":2049,"order":2066},"问答录：第五章 演讲与访谈","dadaotouziwendalu-diwuzhangyanjiangyufangtan",204,{"title":2068,"slug":2069,"category":2049,"order":2070},"问答录：第六章 更新","dadaotouziwendalu-diliuzhangduzhegengxin",205,{"title":2072,"slug":2073,"category":2049,"order":2074},"商业逻辑篇：第1节：伟大企业","duanyongping-shangyeluoji-di1jie-weidaqiye",401,{"title":2076,"slug":2077,"category":2049,"order":2078},"商业逻辑篇：第2节：商业模式","duanyongping-shangyeluoji-di2jie-shangyemoshi",402,{"title":2080,"slug":2081,"category":2049,"order":2082},"商业逻辑篇：第3节：企业文化","duanyongping-shangyeluoji-di3jie-qiyewenhua",403,{"title":2084,"slug":2085,"category":2049,"order":2086},"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":2088,"slug":2089,"category":2049,"order":2090},"商业逻辑篇：第5节：品牌、营销与广告","duanyongping-shangyeluoji-di5jie-pinpai-yingxiao-yu-guanggao",405,{"title":2092,"slug":2093,"category":2049,"order":2094},"商业逻辑篇：第6节：收购和多元化","duanyongping-shangyeluoji-di6jie-shougouheduoyuanhua",406,{"title":2096,"slug":2097,"category":2049,"order":2098},"商业逻辑篇：第7节：Stop doing list（不为清单）","duanyongping-shangyeluoji-di7jie-stop-doing-list-buweiqingdan",407,{"title":2100,"slug":2101,"category":2049,"order":2102},"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":2104,"slug":2105,"category":2049,"order":2106},"投资逻辑篇：第1章：投资理念","duanyongping-touziluoji-di1zhang-touzilinian",410,{"title":2108,"slug":2109,"category":2049,"order":2110},"投资逻辑篇：第2章：投资理解","duanyongping-touziluoji-di2jie-touzilijie",411,{"title":2112,"slug":2113,"category":2049,"order":2114},"投资问答录：第3章 golf和投资","duanyongping-touziluoji-di3zhang-golfhetouzi",412,{"title":2116,"slug":2117,"category":2049,"order":2118},"投资逻辑篇：第4章 财务理解","duanyongping-touziwendalu-touziluoji-di4zhang-caiwulijie",413,{"title":2120,"slug":2121,"category":2049,"order":2122},"投资逻辑篇：第5章：估值逻辑","duanyongping-touziluoji-di5zhang-guzhiluoji",414,{"title":2124,"slug":2125,"category":2049,"order":2126},"投资逻辑篇：第6章 投资方法论","duanyongping-touziluoji-di6zhang-touzifangfalun",415,{"title":2128,"slug":2129,"category":2049,"order":2130},"投资逻辑篇：第7章：案例分析","duanyongping-touziluoji-di7zhang-anlifenxi",416,[2132,2135,2138,2141,2145,2149,2152,2156,2158,2161,2164,2167,2171,2174,2177,2180,2183,2187,2190,2193,2196,2199,2203,2206,2209,2211,2214,2217,2220,2223,2226,2229,2232,2235,2238,2241,2244,2247,2250,2253,2256,2259,2262,2265,2268,2271,2274,2277,2280,2283,2286,2289,2292,2295,2298,2301,2304,2307,2310,2313,2316,2319,2322,2325,2328,2331,2335,2338,2341,2344,2347,2351,2354,2357,2360],{"title":1844,"slug":2133,"category":2134,"order":831},"ability-circle","决策与战略",{"title":2136,"slug":2137,"category":2134,"order":806},"逆向思维","inversion",{"title":1894,"slug":2139,"category":2140,"order":809},"opportunity-cost","经济学",{"title":2142,"slug":2143,"category":2144,"order":861},"复利","compound-interest","数学与概率论",{"title":2146,"slug":2147,"category":2148,"order":871},"激励机制","incentives","心理学",{"title":2150,"slug":2151,"category":2144,"order":881},"概率思维","probabilistic-thinking",{"title":2153,"slug":2154,"category":2155,"order":891},"二阶效应","second-order-effects","哲学与逻辑",{"title":1885,"slug":2157,"category":2134,"order":901},"margin-of-safety",{"title":2159,"slug":2160,"category":2148,"order":911},"心理误判","psychology-of-misjudgment",{"title":2162,"slug":2163,"category":2134,"order":921},"检查清单","checklist",{"title":2165,"slug":2166,"category":2140,"order":931},"规模优势","scale-advantage",{"title":2168,"slug":2169,"category":2170,"order":941},"冗余与容错","redundancy","工程学\u002F系统",{"title":2172,"slug":2173,"category":2144,"order":951},"排列组合","combinatorics",{"title":2175,"slug":2176,"category":2144,"order":961},"费马-帕斯卡","fermat-pascal",{"title":2178,"slug":2179,"category":2144,"order":971},"均值回归","regression-to-the-mean",{"title":2181,"slug":2182,"category":2144,"order":981},"量化分析","quantitative-analysis",{"title":2184,"slug":2185,"category":2186,"order":991},"临界点\u002F相变","critical-point-phase-transition","物理学",{"title":2188,"slug":2189,"category":2186,"order":1001},"平衡态","equilibrium",{"title":2191,"slug":2192,"category":2186,"order":1012},"熵增定律","entropy",{"title":2194,"slug":2195,"category":2186,"order":1022},"能量守恒","conservation-of-energy",{"title":2197,"slug":2198,"category":2186,"order":1032},"杠杆原理","leverage",{"title":2200,"slug":2201,"category":2202,"order":1042},"自然选择","natural-selection","生物学\u002F进化论",{"title":2204,"slug":2205,"category":2202,"order":1052},"物竞天择","competition-for-resources",{"title":2207,"slug":2208,"category":2202,"order":1062},"进化思维","evolutionary-thinking",{"title":1925,"slug":2210,"category":2202,"order":1072},"ecosystem",{"title":2212,"slug":2213,"category":2148,"order":819},"爱好倾向","liking-tendency",{"title":2215,"slug":2216,"category":2148,"order":1089},"讨厌倾向","disliking-tendency",{"title":2218,"slug":2219,"category":2148,"order":1099},"避免怀疑倾向","doubt-avoidance-tendency",{"title":2221,"slug":2222,"category":2148,"order":1109},"一致性倾向","consistency-tendency",{"title":2224,"slug":2225,"category":2148,"order":1119},"好奇心倾向","curiosity-tendency",{"title":2227,"slug":2228,"category":2148,"order":1129},"康德式公平","kantian-fairness",{"title":2230,"slug":2231,"category":2148,"order":1139},"艳羡\u002F妒忌倾向","envy-jealousy-tendency",{"title":2233,"slug":2234,"category":2148,"order":1149},"反馈倾向","reciprocation-tendency",{"title":2236,"slug":2237,"category":2148,"order":1159},"权威误导","authority-misinfluence",{"title":2239,"slug":2240,"category":2148,"order":1166},"重视理由","reason-respecting-tendency",{"title":2242,"slug":2243,"category":2148,"order":1173},"过度乐观","over-optimism",{"title":2245,"slug":2246,"category":2148,"order":1180},"损失厌恶","loss-aversion",{"title":2248,"slug":2249,"category":2148,"order":1187},"否认倾向","denial-tendency",{"title":2251,"slug":2252,"category":2148,"order":1194},"过度反应","overreaction-tendency",{"title":2254,"slug":2255,"category":2148,"order":1201},"社群影响","social-influence",{"title":2257,"slug":2258,"category":2148,"order":1208},"压力倾向","stress-influence-tendency",{"title":2260,"slug":2261,"category":2148,"order":1215},"物质主义","materialism-tendency",{"title":2263,"slug":2264,"category":2148,"order":1222},"废话倾向","twaddle-tendency",{"title":2266,"slug":2267,"category":2148,"order":1229},"确认偏误","confirmation-bias",{"title":2269,"slug":2270,"category":2148,"order":1236},"锚定效应","anchoring-effect",{"title":2272,"slug":2273,"category":2148,"order":1243},"现时偏差","present-bias",{"title":2275,"slug":2276,"category":2148,"order":1250},"贪婪倾向","greed-tendency",{"title":2278,"slug":2279,"category":2140,"order":1257},"边际成本\u002F收益","marginal-cost-benefit",{"title":2281,"slug":2282,"category":2140,"order":1264},"供需关系","supply-and-demand",{"title":2284,"slug":2285,"category":2140,"order":1271},"帕累托最优","pareto-optimality",{"title":2287,"slug":2288,"category":2140,"order":1278},"竞争性毁灭","creative-destruction",{"title":2290,"slug":2291,"category":2134,"order":1285},"双轨分析","two-track-analysis",{"title":2293,"slug":2294,"category":2134,"order":1292},"非线性思维","nonlinear-thinking",{"title":2296,"slug":2297,"category":2134,"order":1299},"极化思考","extreme-thinking",{"title":2299,"slug":2300,"category":2134,"order":1306},"必要功","necessary-work",{"title":2302,"slug":2303,"category":2170,"order":1313},"停机问题","halting-problem",{"title":2305,"slug":2306,"category":2170,"order":1320},"闭环系统","closed-loop-system",{"title":2308,"slug":2309,"category":2170,"order":1327},"故障安全","fail-safe",{"title":2311,"slug":2312,"category":2170,"order":1334},"反向设计","reverse-design",{"title":2314,"slug":2315,"category":2170,"order":1341},"瓶颈分析","bottleneck-analysis",{"title":2317,"slug":2318,"category":2155,"order":1348},"第一性原理","first-principles",{"title":2320,"slug":2321,"category":2155,"order":1355},"证伪思维","falsification",{"title":2323,"slug":2324,"category":2155,"order":1362},"奥卡姆剃刀","occams-razor",{"title":2326,"slug":2327,"category":2155,"order":1369},"中道思维","middle-way",{"title":2329,"slug":2330,"category":2155,"order":1376},"不可知论","agnosticism",{"title":2332,"slug":2333,"category":2334,"order":1383},"大数定律","law-of-large-numbers","统计学",{"title":2336,"slug":2337,"category":2334,"order":1390},"样本偏差","sample-bias",{"title":2339,"slug":2340,"category":2334,"order":1397},"相关性≠因果","correlation-not-causation",{"title":2342,"slug":2343,"category":2334,"order":1404},"幸存者偏差","survivorship-bias",{"title":2345,"slug":2346,"category":2334,"order":1411},"基本比率","base-rate",{"title":2348,"slug":2349,"category":2350,"order":1418},"社会认同","social-proof","社会学",{"title":2352,"slug":2353,"category":2350,"order":1425},"部落本能","tribal-instinct",{"title":2355,"slug":2356,"category":2350,"order":1432},"金蛋定律","golden-egg-rule",{"title":2358,"slug":2359,"category":2350,"order":1439},"互利共生","mutualism",{"title":2361,"slug":2362,"category":2350,"order":1446},"激励传导","incentive-transmission",1778291659926]