1996年巴菲特致股东的信.pdfVIP

巴菲特研究中心 Research Centre for Buffettism 巴菲特致股东的信 1996 年 Buffetts Letters To Berkshire Shareholders 1996 Our gain in net worth during 1996 was $6.2 1996 年本公司的净值成长了 36.1%， billion, or 36.1%. Per-share book value, 约 62 亿美元，不过每股净值仅成长了 however, grew by less, 31.8%, because the number 31.8%，原因在于去年我们以发行新股 of Berkshire shares increased: We issued stock 的方式并购了国际飞安公司，同时另 in acquiring FlightSafety International and also 外还追加发行了一些 B级普通股*，总 sold new Class B shares.* Over the last 32 years 计过去 32 年以来，也就是自从现有经 (that is, since p