作者stasis (流雨風雪)
看板Fund
標題Re: [心得] 各類投資模式比較及圖示
時間Mon Dec 8 13:28:08 2008
Bear in mind--this is a critical fact often ignored--that
investors as a
whole cannot get anything out of their businesses except what the businesses
earn. Sure, you and I can sell each other stocks at higher and higher prices.
Let's say the FORTUNE 500 was just one business and that the people in this
room each owned a piece of it. In that case, we could sit here and sell each
other pieces at ever-ascending prices.
You personally might outsmart the next
fellow by buying low and selling high. But no money would leave the game when
that happened: You'd simply take out what he put in. Meanwhile, the
experience of the group wouldn't have been affected a whit, because its fate
would still be tied to profits.
The absolute most that the owners of a
business, in aggregate, can get out of it in the end--between now and
Judgment Day--is what that business earns over time.
-Warren Buffett
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阿啦~這不是 ∴
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▼ ◣ ▼ ▼◣◥ ︾︾新阿姆斯特炫風
ψKENOS ◢
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▆▆▆ ▼ ▆▆▆ ∥∴噴射阿姆斯特砲
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嗎? 完成度真高阿
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▲ ╱╱╱ ‥ ///▲ 後面那個? 不是啦~
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那個不是阿銀啦~
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◆ From: 219.87.159.71
※ 編輯: stasis 來自: 219.87.159.71 (12/08 13:28)
推 ffaarr:推這段話! 12/08 13:38
推 ingramchen:感謝巴菲特 12/08 16:25