巴菲特的經典英文語錄

  巴菲特,全球著名的投資商等多種身份集於一體。用一句現代流行的話語來說就是,很好,很強勢。所以小編也要很強勢的整理出一篇純英文的巴菲特的經典語錄。

  :

  “Charlie and I decided long ago that in an investment lifetime it's too hard to make hundreds of smart decisions. That judgment became ever more compelling as Berkshire's capital mushroomed and the universe of investments that could significantly affect our results shrank dramatically. Therefore, we adopted a strategy that required our being smart - and not too smart at that - only a very few times. Indeed, we'll now settle for one good idea a year.” “The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable.”

  ――Warren Buffett, Financial Review, 1985

  “I am out of step with present conditions. When the game is no longer played your way, it is only human to say the new approach is all wrong, bound to lead to trouble, and so on. On one point, however, I am clear. I will not abandon a previous approach whose logic I understand *** although I find it difficult to apply *** even though it may mean foregoing large, and apparently easy, profits to embrace an approach which I don't fully understand, have not practiced successfully, and which possibly could lead to substantial permanent loss of capital.”

  ――Warren Buffett in a letter to his partners in the stock market frenzy of 1969.

  “We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.” “The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.”

  ――July 1999 at Herb Allen's Sun Valley, Idaho Retreat

  “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”

  ――Warren Buffett lecturing to a group of students at Columbia U

  “There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.”

  ――Warren Buffett in a Morning star Interview

  “If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.”

  ――1997 Berkshire Hathaway Annual Meeting

  “It is our job to help our clients be fearful when others are greedy, and look at opportunities when others are fearful.” “If you understood a business perfectly and the future of the business, you would need very little in the way of a margin of safety. So, the more vulnerable the business is, assuming you still want to invest in it, the larger margin of safety you'd need. If you're driving a truck across a bridge that says it holds 10,000 pounds and you've got a 9,800 pound vehicle, if the bridge is 6 inches above the crevice it covers, you may feel okay, but if it's over the Grand Canyon, you may feel you want a little larger margin of safety...”

  ――1997 Berkshire Hathaway Annual Meeting

  “You pay a high price for a cheery consensus.” “If you understood a business perfectly and the future of the business, you would need very little in the way of a margin of safety. So, the more vulnerable the business is, assuming you still want to invest in it, the larger margin of safety you'd need. If you're driving a truck across a bridge that says it holds 10,000 pounds and you've got a 9,800 pound vehicle, if the bridge is 6 inches above the crevice it covers, you may feel okay, but if it's over the Grand Canyon, you may feel you want a little larger margin of safety...”

  ――1997 Berkshire Hathaway Annual Meeting

  你看懂了嗎?試著去翻譯下?