I soon perceiv'd that the intention of engaging me at wages so much higher than he had been us'd to give, was, to have these raw, cheap hands form'd thro' me; and, as soon as I had instructed them, then they being all…
Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our…
I soon perceiv'd that the intention of engaging me at wages so much higher than he had been us'd to give, was, to have these raw, cheap hands form'd thro' me; and, as soon as I had instructed them, then they being all…
沃伦·巴菲特《伯克希尔·哈撒韦 2008 年致股东信》· 2008 Chairman's Letter · 投资
By the fourth quarter, the credit crisis, coupled with tumbling home and stock prices, had produced a paralyzing fear that engulfed the country. A freefall in business activity ensued, accelerating at a pace that I have never before witnessed. The U.S. – and much of the world – became trapped in a vicious negative-feedback cycle. Fear led to business contraction, and that in turn led to even greater fear.
I soon perceiv'd that the intention of engaging me at wages so much higher than he had been us'd to give, was, to have these raw, cheap hands form'd thro' me; and, as soon as I had instructed them, then they being all…
Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our…
The negotiation was still unsatisfactory to me, because we were to get all the difficult part of the work--the great spans of which the risk was then considerable--while Mr. Garrett was to build all the small and profitable spans at his own shops upon our plans and patents. I ventured to ask whether he was dividing the work because he honestly believed we could not open his bridges for traffic as soon as his masonry would permit. He admitted he was. I told him that he need not have any fear upon that point.
Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our…