千言万语,不如一张回购的股票

最话FunTalk
Nov 11, 2025

UTOFCOMMON/不写平庸的故事/给自己的未来先投下信任票文/王芳洁编辑/刘宇翔2022年伯克希尔的股东周年大会上,巴菲特分享了两个“躺赢”的故事。一个是美国运通,1998年伯克希尔投资这家公司时,持股比例是11.2%,但由于美国运通多年来不断的回购股票,伯克希尔的持股比例达到了22%。一个是苹果公司,每年近千亿美元的大额回购,让伯克希尔啥都不干,光股息就能多赚上亿美元。“你要问我对苹果有多大...

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