1.偉大的企業(yè)必須有持久的競(jìng)爭(zhēng)優(yōu)勢(shì)，就像一條護(hù)城河保護(hù)著城堡。

Great companies must have a lasting competitive advantage, like a moat protecting a castle.

2.投資者最大的敵人不是股市，而是自己。

An investor& #39;s worst enemy is not the stock market, but himself.

3.我們不做科技股，因?yàn)槲覀儾恢廊绾螌?duì)它進(jìn)行估值。

We don& #39;t do tech stocks because we don& #39;t know how to value it.

4.市場(chǎng)先生是你的仆人，而非你的向?qū)?。他的情緒化報(bào)價(jià)應(yīng)為你所用，而非把你左右。

Mr. Market is your servant, not your guide. His emotional quotes should work for you, not sway you.

5.市場(chǎng)短期是投票機(jī)，長(zhǎng)期是稱重機(jī)。

The market is a voting machine in the short term and a weighing machine in the long term.

6.如果你的產(chǎn)品能比競(jìng)爭(zhēng)對(duì)手收取更高的價(jià)格，并能保持甚至擴(kuò)大市場(chǎng)份額，你必須擁有特別的品牌地位在人們心目中。

If you can charge a higher price for your product than your competitors and maintain or even expand your market share, you must have a special brand position in people& #39;s minds.

7.不要把所有的雞蛋放在同一個(gè)籃子里，但要關(guān)心那個(gè)籃子。

Don& #39;t put all your eggs in one basket, but care about that basket.

8.不要對(duì)任何事情發(fā)表立場(chǎng)，除非你能比與你爭(zhēng)論之人更好地闡述反方觀點(diǎn)。

Don& #39;t take a position on anything until you can describe the arguments against it better than the person who is arguing with you.

9.保持強(qiáng)烈的好奇，然后大量閱讀。

Keep a lot of curiosity and read a lot.

10.我們不應(yīng)該拿投資者的錢，去試圖解決那些我們不知道解決方案的問(wèn)題。

We shouldn& #39;t be in the business of taking investors& #39; money and tackling things that we don& #39;t know the solution for.

以上內(nèi)容為巴菲特經(jīng)典語(yǔ)錄整理

由數(shù)字人巴菲特播報(bào)

本視頻由七華軟件用人工智能技術(shù)生成