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英文早读第257篇，选自巴菲特年度信，友才翻译。 We also allowed overexchanges, and thirty-nine additonal share...

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英文早读第256篇，选自巴菲特年度信，友才翻译。 Ben Rosner’s record at Associated Retail Stores continues to a...

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英文早读第255篇，选自巴菲特年度信，友才翻译。 Textile and Retail Operations纺织和零售业务 During the past year we h...

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英文早读第254篇，选自巴菲特年度信，友才翻译。 Our Workers Compensation operation suffered a severe loss when...

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英文早读第253篇，选自巴菲特年度信，友才翻译。 John Seward at Home and Auto continues to make good progress i...

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英文早读第252篇，选自巴菲特年度信，友才翻译。 Our own position in this respect is satisfactory. We believe o...

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英文早读第251篇，选自巴菲特年度信，友才翻译。 The second option is much simpler: just keep writing business ...

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英文早读第250篇，选自巴菲特年度信，友才翻译。 Thus, an insurance company with a bond market value shrinkage ...

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英文早读第249篇，选自巴菲特年度信，友才翻译。 It might strike some as strange that an insurance company's su...

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英文早读第248篇，选自巴菲特年度信，友才翻译。 Insurance Industry Conditions保险行业现状 The insurance industry's u...

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英文早读第247篇，选自巴菲特年度信，友才翻译。 GEICO's problems at that time put it in a position analogous t...

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英文早读第246篇，选自巴菲特年度信，友才翻译。 We have written in past reports about the disappointments that...

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英文早读第245篇，选自巴菲特年度信，友才翻译。 On this score, we simply couldn’t feel better. GEICO represent...

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英文早读第245篇，选自巴菲特年度信，友才翻译。 From this table, you can see that our sources of underlying ea...

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英文早读第243篇，选自巴菲特年度信，友才翻译。 Indexing is the insulation that all seek against inflation. Bu...

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英文早读第242篇，选自巴菲特年度信，友才翻译。 Of course, the two forms of taxation co-exist and interact sin...

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英文早读第241篇，选自巴菲特年度信，友才翻译。 High rates of inflation create a tax on capital that makes muc...

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英文早读第240篇，选自巴菲特年度信，友才翻译。 In the sixteen years since present management assumed responsi...

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英文早读第239篇，选自巴菲特年度信，友才翻译。 (We can't resist pausing here for a short commercial. One usag...