沃伦·巴菲特：伯克希尔 2006 年致股东信·摘录3

In our early years we put most of our retained earnings and insurance float into investments in marketable securities. Because of this emphasis, and because the securities we purchased generally did well, our growth rate in investments was for a long time quite high.

出处： https://www.berkshirehathaway.com/letters/2006ltr.pdf
定位：2006 Chairman's Letter, excerpt 3 · 核对日期：2026-10-19 · 核验：短摘录

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