股神巴菲特給我們的幾點提示（英語閱讀-英語閱讀理解）

1、股神巴菲特給我們的幾點提示（英語閱讀 股神巴菲特給我們的幾點提示（英語閱讀|英語閱讀 英語閱讀理解） 理解）Every few years, critics say Warren Buffett has lost his touch.He’s too old and too old-fashioned, they claim. He doesn’t get it anymore. This time he’s wrong.It happ

2、ened during the dotcom bubble, when Mr. Buffett was mocked for refusing to join the party. And it happened again last year.As the Dow tumbled below 7,000, Mr. Buffett came under fire for having jumped into the crisis too

3、 early and too boldly, making big bets on Goldman Sachs and General Electric during the fall of 2008, and urging the public to plunge into shares.Now it’s time for those critics to sit down for their traditional three co

4、urse meal: humble pie, their own words and crow.On Saturday, Mr. Buffett’s Berkshire Hathaway reported that net earnings rocketed 61% last year to $5,193 per share, while book value jumped 20% to a record high. Berkshire

5、’s Class A shares, which slumped to nearly $70,000 last year, have rebounded to $120,000.Those bets on GE and Goldman? They’ve made billions so far. And anyone who took Mr. Buffett’s advice and invested in the stock mark

6、et in October 2008, even through a simple index fund, is up about 25%.This is nothing new, of course. Anyone who held a $10,000 stake Don’t get suckered by big growth stories. Mr. Buffett reminded investors that he and B

7、erkshire Vice Chairman Charlie Munger ‘a(chǎn)void businesses whose futures we can’t evaluate, no matter how exciting their products may be.’Most investors who bet on the auto industry in 1910, planes in 1930 or TV makers in 1

8、950 ended up losing their shirts, even though the products really did change the world. ‘Dramatic growth’ doesn’t always lead to high profit margins and returns on capital. China, anyone?Understand what you own. ‘Investo

9、rs who buy and sell based upon media or analyst commentary are not for us,’ Mr. Buffett wrote.Defense beats offense. ‘Though we have lagged the SP in some years that were positive for the market, we have consistently don

10、e better than the SP in the eleven years during which it delivered negative results. In other words, our defense has been better than our offense, and that’s likely to continue.’ All timely advice from Mr. Buffett for tu