精華區beta Fund 關於我們 聯絡資訊
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 -- ╴╴﹨ ◣ ◢◣ ↗↙ ●∵阿啦~這不是 ∴ ◢╴ \∕ ╲╴ ↗↙ ∴ 新阿姆斯特炫風 ψKENOS\﹨﹨◥◣ ↖↘ ∵ ∴噴射阿姆斯特砲 ███◤ ↗↙ ∵ ▆▅▅▆ ▆▅▅▆ 嗎? 完成度真高阿 ██◣ ◢██↗↙ ∴ ╱╱╱/// 後面那個? 不是啦~ █◣ ◢██◢◤\◣↗↙ ∵∴ 那個不是阿銀啦~ -- ※ 發信站: 批踢踢實業坊(ptt.cc) ◆ From: 219.87.159.71 ※ 編輯: stasis 來自: 219.87.159.71 (12/08 13:28)
ffaarr:推這段話! 12/08 13:38
ingramchen:感謝巴菲特 12/08 16:25