伯克希尔·哈撒韦 2022 年致股东信

Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually…

Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and…

One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s…

Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at…