以下整理的這些巴菲特名言不僅適用於投資理財,更是人生各個層面的智慧指導。巴菲特的思想精華在於將複雜的投資理念用簡單易懂的話語表達出來,同時融合了深刻的人生哲理。
目錄
投資智慧篇:核心投資理念和策略
商業哲學篇:企業經營和商業思維
人生智慧篇:生活態度和人生哲理
市場觀察篇:對金融市場的深刻見解
企業經營篇:優秀企業的特質和經營之道
財富觀念篇:正確的財富觀和理財思維
決策智慧篇:做出明智決策的原則
成功哲學篇:成功的要素和方法
人生哲理篇:人生的智慧和價值觀
智慧總結篇:綜合性的人生和投資智慧
巴菲特-投資智慧篇
1-10句
- 風險來自於不知道自己在做什麼。 Risk comes from not knowing what you’re doing.
- 我們最喜愛的持股期間是永遠。 Our favorite holding period is forever.
- 時間是優質企業的朋友,卻是平庸企業的敵人。 Time is the friend of the wonderful company, the enemy of the mediocre.
- 價格是你付出的,價值是你得到的。 Price is what you pay, value is what you get.
- 在別人貪婪時恐懼,在別人恐懼時貪婪。 Be fearful when others are greedy and greedy when others are fearful.
- 永遠不要投資你不了解的企業。 Never invest in a business you cannot understand.
- 多樣化是對無知的保護,對懂得投資的人來說意義不大。 Diversification is protection against ignorance. It makes little sense if you know what you are doing.
- 投資的第一條規則是不要虧錢,第二條規則是不要忘記第一條。 Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.
- 如果你不願意持有一隻股票十年,那就不要考慮持有它十分鐘。 If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes.
- 買優秀的公司勝過買便宜的公司。 It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
巴菲特-商業哲學篇
11-20句
- 誠實是最好的政策。 Honesty is a very expensive gift, don’t expect it from cheap people.
- 建立聲譽需要20年,毀掉它只要5分鐘。 It takes 20 years to build a reputation and five minutes to ruin it.
- 有能力的管理層比優秀的企業更重要。 Good management is more important than good business.
- 預測的唯一價值就是讓占星術看起來還算體面。 Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
- 我從不試圖在股市上賺錢,我買股票時總是假設股市第二天就會關閉,5年後才會重開。 I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
- 如果你基本從別人那裡尋找投資建議,我建議你不要買股票。 If you need to rely on others for investment advice, I suggest you stay out of stocks.
- 投資就是放棄今天的消費能力,以期在未來獲得更大的消費能力。 Investment is most intelligent when it is most businesslike.
- 只有當潮水退去時,你才知道誰在裸泳。 Only when the tide goes out do you discover who’s been swimming naked.
- 賺錢有兩個規則:規則一,永遠不要虧錢;規則二,永遠不要忘記規則一。 There are two rules for investing: Rule No. 1, never lose money; Rule No. 2, never forget Rule No. 1.
- 成功的投資需要時間、紀律和耐心。 Successful investing takes time, discipline and patience.
巴菲特-人生智慧篇
21-30句
- 最重要的投資是對自己的投資。 The most important investment you can make is in yourself.
- 你無法與一個壞人做成一筆好生意。 You can’t make a good deal with a bad person.
- 習慣的鎖鏈在重到無法承受之前,往往輕到無法感覺。 Chains of habit are too light to be felt until they are too heavy to be broken.
- 如果你想要一個特質,就表現得像已經擁有它一樣。 If you want a quality, act as if you already had it.
- 別人的意見不能成為你的現實。 Someone’s sitting in the shade today because someone planted a tree a long time ago.
- 投資最重要的是理性。 The most important quality for an investor is temperament, not intellect.
- 金錢不是萬能的,但沒有金錢是萬萬不能的。 Money is not everything, but without money, everything is nothing.
- 學會說不,這是一個有用的技能。 The difference between successful people and really successful people is that really successful people say no to almost everything.
- 你的聲譽比你的財富更重要。 Your reputation is more important than your money.
- 做你害怕做的事,恐懼就會消失。 You do things when the opportunities come along.
巴菲特-市場觀察篇
31-40句
- 市場就像一台投票機,短期內它是一台投票機,長期內它是一台秤重機。 In the short run, the market is a voting machine, but in the long run, it is a weighing machine.
- 股市的存在是為了服務你,而不是指導你。 The stock market is there to serve you, not to guide you.
- 波動不等於風險。 Volatility is far from synonymous with risk.
- 投機是最不安全的致富方式。 There seems to be some perverse human characteristic that likes to make easy things difficult.
- 市場效率理論就像相信地球是平的。 I’d be a bum on the street with a tin cup if the markets were always efficient.
- 衍生性金融商品是大規模殺傷性武器。 Derivatives are financial weapons of mass destruction.
- 泡沫的形成需要兩個要素:投機和信貸。 Bubbles blown by others can become pins.
- 股價短期內是不理性的,但長期來看會回歸價值。 In the short term, the stock market behaves like a voting machine, but in the long term, it acts like a weighing machine.
- 不要試圖預測市場的短期走勢。 We don’t have to be smarter than the rest; we have to be more disciplined than the rest.
- 熊市是投資者的好朋友。 A market downturn is the true friend of an investor.
巴菲特-企業經營篇
41-50句
- 優秀的企業就像城堡周圍的護城河。 A great business is like a castle surrounded by a moat.
- 企業的內在價值決定於其未來現金流的折現值。 The value of a business is determined by the cash flows it can generate over its lifetime.
- 管理層的品格比能力更重要。 Management changes, like marital changes, should be undertaken only reluctantly.
- 不要投資那些你不能預測其10年後發展的企業。 Never invest in a business you can’t understand.
- 最好的防禦就是建立競爭優勢。 The best defense against inflation is your own earning power.
- 企業的護城河越寬,投資者的回報就越高。 The wider the moat, the better the business.
- 尋找那些白痴都能經營的企業,因為總有一天會有白痴來經營它。 Buy a business that’s so wonderful that an idiot can run it, because sooner or later, one will.
- 好的企業文化是最寶貴的資產。 Culture is the ultimate competitive advantage.
- 創新很重要,但穩定的商業模式更重要。 Innovation is important, but a stable business model is more important.
- 企業的價值不在於其擁有什麼,而在於其能創造什麼。 The value of a company is not what it owns, but what it can create.
巴菲特-財富觀念篇
51-60句
- 金錢只是一種工具,它會帶你到任何你想去的地方,但不會代替你開車。 Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.
- 儉樸是致富的捷徑。 Frugality includes all the other virtues.
- 不要把所有雞蛋放在同一個籃子裡,但也不要放在太多籃子裡。 Diversification is a protection against ignorance.
- 複利是世界第八大奇蹟。 Compound interest is the eighth wonder of the world.
- 富人和窮人的差別在於富人先付錢給自己。 The rich invest their money and spend what is left; the poor spend their money and invest what is left.
- 不要為了虛榮而花錢。 Don’t save what is left after spending, spend what is left after saving.
- 金錢不會帶來幸福,但沒有金錢確實會帶來痛苦。 Money doesn’t create man, but it is the man who creates money.
- 投資的秘訣不是評估某個行業對社會的影響有多大,而是評估某個企業的競爭優勢有多強。 The secret to investing is not assessing how much an industry is going to affect society, but rather how much it is going to affect the competitive advantage of any given company.
- 致富的方法是買入優質股票並長期持有。 The way to make money is to buy when blood is running in the streets.
- 不要讓小錢阻擋你賺大錢。 Don’t let small money prevent you from making big money.
巴菲特-決策智慧篇
61-70句
- 當機會來臨時,要像消防員一樣迅速行動。 When opportunity knocks, answer the door.
- 做決定時,考慮最壞的情況,但期待最好的結果。 Consider the worst case, but expect the best.
- 簡單勝過複雜。 Keep it simple.
- 專注於你的能力圈。 Stay within your circle of competence.
- 錯誤是學習的最佳老師。 Mistakes are the best teachers.
- 耐心是投資者最重要的品質。 The stock market is a device for transferring money from the impatient to the patient.
- 不要讓情緒影響你的判斷。 Don’t let emotions cloud your judgment.
- 信息比預測更有價值。 Information is more valuable than prediction.
- 做決定前要深思熟慮,但一旦做了決定就要堅持到底。 Think carefully before making decisions, but once made, stick to them.
- 學會從錯誤中學習,更要學會從別人的錯誤中學習。 Learn from mistakes, and even better, learn from the mistakes of others.
巴菲特-成功哲學篇
71-80句
- 成功不是偶然的,它是努力、堅持和正確方法的結果。 Success is not accidental. It’s the result of hard work, persistence, and the right approach.
- 與優秀的人為伍,你也會變得優秀。 Surround yourself with great people and you’ll become great too.
- 專業知識是成功的基礎。 Professional knowledge is the foundation of success.
- 持續學習是保持競爭力的關鍵。 Continuous learning is the key to maintaining competitiveness.
- 品格比財富更重要。 Character is more important than wealth.
- 要做就做到最好。 If you’re going to do something, do it well.
- 成功需要時間和耐心。 Success requires time and patience.
- 不要害怕失敗,要害怕不去嘗試。 Don’t be afraid to fail; be afraid not to try.
- 目標要明確,行動要果斷。 Be clear about your goals and decisive in your actions.
- 成功的人都有一個共同點:他們都專注於自己能控制的事情。 Successful people focus on what they can control.
巴菲特-人生哲理篇
81-90句
- 幸福不是擁有很多,而是需要很少。 Happiness is not having much, but needing little.
- 今天的努力決定明天的成就。 Today’s effort determines tomorrow’s achievement.
- 與其詛咒黑暗,不如點亮蠟燭。 It’s better to light a candle than to curse the darkness.
- 人生最大的風險就是不冒任何風險。 The biggest risk in life is not taking any risks.
- 善待他人,就是善待自己。 Treating others well is treating yourself well.
- 知識是唯一不會貶值的投資。 Knowledge is the only investment that never depreciates.
- 時間是最公平的資源,每個人都有24小時。 Time is the fairest resource; everyone has 24 hours.
- 健康是人生最大的財富。 Health is life’s greatest wealth.
- 學會感恩,生活會更美好。 Learn to be grateful, and life will be better.
- 做你自己,不要試圖成為別人。 Be yourself; don’t try to be someone else.
巴菲特-智慧總結篇
91-100句
- 投資和人生一樣,重要的不是你能跑多快,而是你能跑多久。 In investing and in life, it’s not how fast you run, but how long you can keep running.
- 真正的財富是時間和健康,金錢只是工具。 True wealth is time and health; money is just a tool.
- 最好的投資是投資自己的能力。 The best investment is investing in your own abilities.
- 成功的秘訣是找到自己熱愛的事業並為之奮鬥終生。 The secret to success is finding what you love and dedicating your life to it.
- 不要追求完美,要追求進步。 Don’t pursue perfection; pursue progress.
- 聲譽是你最寶貴的資產,要用一生去維護它。 Reputation is your most valuable asset; spend your life protecting it.
- 學會說不,這樣你才能對重要的事情說是。 Learn to say no so you can say yes to what matters.
- 投資的本質是將今天的錢交換明天更多的錢。 The essence of investment is exchanging money today for more money tomorrow.
- 智慧不在於知道所有答案,而在於問對問題。 Wisdom is not knowing all the answers, but asking the right questions.
- 人生就像滾雪球,重要的是找到夠濕的雪和夠長的坡道。 Life is like a snowball. The important thing is finding wet snow and a really long hill.