2017/05/15

Warren Buffett’s Letter to Shareholders (1994 年巴菲特致股東信)

Warren Buffett’s Letter to Shareholders (1994 年巴菲特致股東信)


We achieved our gains through the efforts of a superb corps of operating managers who get extraordinary results from some ordinary-appearing businesses. Casey Stengel described managing a baseball team as “getting paid for home runs other fellows hit.” That’s may formula at Berkshire, also.

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