沃伦·巴菲特：伯克希尔 1994 年致股东信·摘录1

The problem is not that what has worked in the past will cease to work in the future. To the contrary, we believe that our formula - the purchase at sensible prices of businesses that have good underlying economics and are run by honest and able people - is certain to produce reasonable success. We expect, therefore, to keep on doing well.

出处： https://www.berkshirehathaway.com/letters/1994.html
定位：1994 Chairman's Letter, excerpt 1 · 核对日期：2026-10-19 · 核验：短摘录

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