| 5分鐘摘要 |
感謝您對大師輕鬆讀的愛護，並且全力支持您合理地使用我們為您精心編製的內容。希望未來可以提供您更方便更友善的服務。
感謝您對大師輕鬆讀的愛護，並且全力支持您合理地使用我們為您精心編製的內容。希望未來可以提供您更方便更友善的服務。
| Main Idea |
感謝您對大師輕鬆讀的愛護，並且全力支持您合理地使用我們為您精心編製的內容。希望未來可以提供您更方便更友善的服務。
感謝您對大師輕鬆讀的愛護，並且全力支持您合理地使用我們為您精心編製的內容。希望未來可以提供您更方便更友善的服務。
華倫．巴菲特與波克夏哈薩威公司的成功事蹟，已經是廣為流傳的傳奇。許多人會嘗試仿效巴菲特的投資策略，但不一定都能成功。然而波克夏哈薩威這些年來之所以能夠成長，不是因為巴菲特股權投資的績效，反而是因為波克夏哈薩威獨資的子公司有優異表現。這一點從下列狀況就可以看出來：波克夏哈薩威的資產組合，結構從原本90%分配在股權投資、10%在購買子公司，轉變成2001年30%在股權投資、70%在購買子公司的新比例。這個投資方向未來應該會持續下去，因為巴菲特自己推估，波克夏哈薩威最適切的投資方式是，90%投資子公司、10%股權投資。
感謝您對大師輕鬆讀的愛護，並且全力支持您合理地使用我們為您精心編製的內容。希望未來可以提供您更方便更友善的服務。
The success of Warren Buffett and Berkshire Hathaway, Inc. is legendary and already well documented. Many people try to emulate his investment strategy, with varying degrees of success. Yet in recent years, it isn't Buffett's equity investments that have performed well. Instead, much of Berkshire's recent growth has come from the success of the company's wholly owned subsidiaries. As evidence of that, Berkshire Hathaway's asset base has evolved from its one time structure of 90-percent equities and 10-percent operating companies to 2001's weighting of 30-percent equities and 70-percent operating companies. And this is likely to continue into the future, with Warren Buffet himself forecasting that his ideal would be for Berkshire's investments to be 90 percent in operating companies and 10 percent in marketable securities.
感謝您對大師輕鬆讀的愛護，並且全力支持您合理地使用我們為您精心編製的內容。希望未來可以提供您更方便更友善的服務。
