{"id":74941,"date":"2026-05-30T23:56:00","date_gmt":"2026-05-30T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/?p=74941"},"modified":"2026-07-09T10:25:39","modified_gmt":"2026-07-09T02:25:39","slug":"%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%a0%b8%e5%bf%83%e6%8a%95%e8%b3%87%e6%b3%95","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/05\/30\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%a0%b8%e5%bf%83%e6%8a%95%e8%b3%87%e6%b3%95\/","title":{"rendered":"\u300a\u5df4\u83f2\u7279\u6838\u5fc3\u6295\u8cc7\u6cd5(The Warren Buffett Portfolio)\u300b"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"\u986f\u793a\/\u96b1\u85cf\u5167\u5bb9\u76ee\u9304\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/05\/30\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%a0%b8%e5%bf%83%e6%8a%95%e8%b3%87%e6%b3%95\/#%E5%B7%B4%E8%8F%B2%E7%89%B9%E6%A0%B8%E5%BF%83%E6%8A%95%E8%B3%87%E6%B3%95%E7%9A%84%E4%BD%9C%E8%80%85\" >\u5df4\u83f2\u7279\u6838\u5fc3\u6295\u8cc7\u6cd5\u7684\u4f5c\u8005<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/05\/30\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%a0%b8%e5%bf%83%e6%8a%95%e8%b3%87%e6%b3%95\/#%E8%92%99%E6%A0%BC%E6%8E%A8%E8%96%A6%E7%9A%84%E5%A5%BD%E6%9B%B8\" >\u8499\u683c\u63a8\u85a6\u7684\u597d\u66f8<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/05\/30\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%a0%b8%e5%bf%83%e6%8a%95%e8%b3%87%e6%b3%95\/#%E6%88%91%E7%82%BA%E4%BD%95%E6%8E%A8%E8%96%A6%E6%AD%A4%E6%9B%B8%EF%BC%9F\" >\u6211\u70ba\u4f55\u63a8\u85a6\u6b64\u66f8\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/05\/30\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%a0%b8%e5%bf%83%e6%8a%95%e8%b3%87%e6%b3%95\/#%E6%9B%B8%E4%B8%AD%E9%87%8D%E8%A6%81%E7%9A%84%E5%85%A7%E5%AE%B9\" >\u66f8\u4e2d\u91cd\u8981\u7684\u5167\u5bb9<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/05\/30\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%a0%b8%e5%bf%83%e6%8a%95%e8%b3%87%e6%b3%95\/#%E5%B0%8F%E8%8A%B1%E7%B5%AE\" >\u5c0f\u82b1\u7d6e<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/05\/30\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%a0%b8%e5%bf%83%e6%8a%95%e8%b3%87%e6%b3%95\/#%E7%9B%B8%E9%97%9C%E8%B3%87%E8%A8%8A\" >\u76f8\u95dc\u8cc7\u8a0a<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/05\/30\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%a0%b8%e5%bf%83%e6%8a%95%e8%b3%87%e6%b3%95\/#%E7%9B%B8%E9%97%9C%E6%96%87%E7%AB%A0\" >\u76f8\u95dc\u6587\u7ae0<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%B7%B4%E8%8F%B2%E7%89%B9%E6%A0%B8%E5%BF%83%E6%8A%95%E8%B3%87%E6%B3%95%E7%9A%84%E4%BD%9C%E8%80%85\"><\/span>\u5df4\u83f2\u7279\u6838\u5fc3\u6295\u8cc7\u6cd5\u7684\u4f5c\u8005<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u672c\u66f8\u7684\u4f5c\u8005\u7f85\u4f2f\u7279\uff0e\u6d77\u683c\u65af\u58ef\uff08Robert G. Hagstrom\uff09\u662f\u4e00\u4f4d\u5f88\u8457\u540d\u7684\u4f5c\u5bb6\u517c\u6295\u8cc7\u4eba\uff0c\u4ed6\u662fLegg Mason Focus Capital \u7684\u9ad8\u7d1a\u526f\u7e3d\u88c1\u517c\u8463\u4e8b\uff0c\u5c0d\u50f9\u503c\u6295\u8cc7\u548c\u5df4\u83f2\u7279\u6295\u8cc7\u539f\u5247\u6709\u6df1\u5165\u7684\u66b8\u89e3\uff0c\u4e26\u5be6\u969b\u7528\u65bc\u516c\u53f8\u7684\u6295\u8cc7\u57fa\u91d1\u4e0a\uff0c\u53d6\u5f97\u76f8\u7576\u4eae\u9e97\u7684\u6210\u7e3e\u3002<\/p>\n\n\n\n<p>\u7f85\u4f2f\u7279\uff0e\u6d77\u683c\u65af\u58ef\u8457\u6709\u53e6\u4e00\u672c\u975e\u5e38\u8457\u540d\u7684\u66f8\u300a\u5df4\u83f2\u7279\u52dd\u5238\u5728\u63e1\u768412\u500b\u539f\u5247\uff08The Warren Buffett Way\uff09\u300b\uff0c\u975e\u5e38\u503c\u5f97\u4e00\u8b80\uff0c\u662f\u6df1\u5165\u66b8\u89e3\u5df4\u83f2\u7279\u6295\u8cc7\u539f\u5247\u7684\u6295\u8cc7\u4eba\u90fd\u5fc5\u9700\u62dc\u8b80\u7684\u7d93\u5178\u66f8\u7c4d\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E8%92%99%E6%A0%BC%E6%8E%A8%E8%96%A6%E7%9A%84%E5%A5%BD%E6%9B%B8\"><\/span>\u8499\u683c\u63a8\u85a6\u7684\u597d\u66f8<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u5728\u300a<a href=\"https:\/\/www.amazon.com\/Damn-Right-Berkshire-Hathaway-Billionaire\/dp\/0471446912\" target=\"_blank\" rel=\"noopener\">\u6295\u8cc7\u54f2\u4eba\u67e5\u7406\u8499\u683c\u50b3\uff1aDamn Right<\/a>\u300b\u4e00\u66f8\u4e2d\uff0c\u67e5\u7406\uff0e\u8499\u683c\u5411\u6240\u6709\u6295\u8cc7\u4eba\u63a8\u85a6\u4e86\u4ee5\u4e0b\u4e09\u672c\u66f8\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u50f9\u503c\u7dda(Value Line) \u8a02\u95b1<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.amazon.com\/Warren-Buffett-Portfolio-Mastering-Investment\/dp\/0471392642\" target=\"_blank\" rel=\"noopener\">\u5df4\u83f2\u7279\u6295\u8cc7\u7d44\u5408\uff1a\u638c\u63e1\u805a\u7126\u6295\u8cc7\u7b56\u7565\u7684\u529b\u91cf(The Warren Buffett Portfolio)<\/a>\u300b\uff08\u4f5c\u8005\uff1a\u7f85\u4f2f\u7279\uff0e\u6d77\u683c\u65af\u58ef\uff08Robert G. Hagstrom\uff09<\/li>\n\n\n\n<li>\u300a\u5f71\u97ff\u529b\uff1a\u79d1\u5b78\u8207\u5be6\u8e10\u300b\uff08\u4f5c\u8005\uff1a\u7f85\u4f2f\u7279\u2027\u897f\u5967\u8fea\u5c3c\uff09<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%88%91%E7%82%BA%E4%BD%95%E6%8E%A8%E8%96%A6%E6%AD%A4%E6%9B%B8%EF%BC%9F\"><\/span>\u6211\u70ba\u4f55\u63a8\u85a6\u6b64\u66f8\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u672c\u66f8\u7684\u4f5c\u8005\u7f85\u4f2f\u7279\uff0e\u6d77\u683c\u65af\u58ef\uff08Robert G. Hagstrom\uff09\u662f\u4e00\u4f4d\u5f88\u8457\u540d\u7684\u4f5c\u5bb6\u517c\u6295\u8cc7\u4eba\uff0c\u4ed6\u6700\u8457\u540d\u7684\u9019\u5169\u672c\u66f8\u90fd\u88ab\u6211\u6536\u9032\u6211\u63a8\u85a6\u7684<a href=\"http:\/\/www.granitefirm.com\/investing\/reference\/legendbooks.html\">\ud83c\udf10\u7d93\u5178\u6295\u8cc7\u66f8\u7c4d\u63a8\u85a6<\/a>\u66f8\u55ae\u4e2d\u3002<\/li>\n\n\n\n<li>\u96a8\u8457\u5df4\u83f2\u7279\u9000\u51fa\u7b2c\u4e00\u7dda\uff0c\u6709\u95dc\u5df4\u83f2\u7279\u7684\u66f8\u4e5f\u6108\u4f86\u6108\u591a\u3002\u5df4\u83f2\u7279\u73fe\u5728\u666e\u70ba\u4e16\u4eba\u63a8\u5d07\uff0c\u9019\u4e0d\u6703\u4ee4\u4eba\u8a1d\u7570\u3002\u4f46\u662f\u7f85\u4f2f\u7279\uff0e\u6d77\u683c\u65af\u58ef\u7684\u9019\u5169\u672c\u66f8\u53ef\u4ee5\u5728\u8ddd\u4eca\u7d04\u4e09\u5341\u5e74\u524d\u6240\u5b8c\u6210\u7684\uff0c\u7576\u5e74\u63a8\u51fa\u6642\u5c31\u7acb\u5373\u9032\u5165\u300a\u7d10\u7d04\u6642\u5831\u300b\u7b49\u8457\u540d\u7684\u66a2\u92b7\u66f8\u7684\u699c\u55ae\u4e2d\uff0c\u4e26\u53d7\u6295\u8cc7\u4eba\u7684\u559c\u611b\u81f3\u4eca\uff0c\u76f8\u7576\u4e0d\u5bb9\u6613\u3002<\/li>\n\n\n\n<li>\u9019\u8b49\u660e\u4e86\u597d\u7684\u66f8\u7c4d\u6b77\u4e45\u5f4c\u65b0\uff0c\u7d93\u5f97\u8d77\u6642\u4ee3\u7684\u8003\u9a57\u3002\u9019\u5176\u4e2d\u6709\u5169\u500b\u56e0\u7d20\uff1a\u4e00\u5982\u5df4\u83f2\u7279\u6240\u8a00\uff0c50\u5e74\u524d\u6295\u8cc7\u80a1\u7968\u7684\u539f\u5247\uff0c\u548c\u73fe\u5728\u6c92\u6709\u4e0d\u540c\u3002\u53e6\u4e00\u500b\u539f\u56e0\u5c31\u66f8\u7c4d\u672c\u8eab\u7684\u5167\u5bb9\u8a00\u4e4b\u6709\u7269\uff0c\u7d93\u5f97\u8d77\u6aa2\u9a57\uff0c\u4e0d\u6703\u892a\u6d41\u884c\u3002<\/li>\n\n\n\n<li>\u9019\u672c\u66f8\u8ac7\u7684\u90fd\u662f\u5f88\u5be6\u7528\uff0c\u7279\u5225\u662f\u89e3\u7b54\u4e86\u8a31\u591a\u6709\u5fd7\u4ee5\u80a1\u7968\u70ba\u7d42\u8eab\u4e8b\u696d\u8005\u6240\u95dc\u5fc3\u554f\u984c\u548c\u56f0\u64fe\u8a31\u4e45\u7591\u60d1\u7684\u89e3\u7b54\u3002<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%9B%B8%E4%B8%AD%E9%87%8D%E8%A6%81%E7%9A%84%E5%85%A7%E5%AE%B9\"><\/span>\u66f8\u4e2d\u91cd\u8981\u7684\u5167\u5bb9<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u4ee5\u4e0b\u662f\u6211\u81ea\u5df1\u8a8d\u70ba\uff0c\u9019\u672c\u66f8\uff0c\u76f8\u8f03\u65bc\u5176\u5b83\u7684\u66f8\uff0c\u5beb\u5f97\u7279\u5225\u597d\uff0c\u503c\u5f97\u5728\u6b64\u63d0\u51fa\u4f86\u7684\u4e00\u4e9b\u91cd\u9ede\u3002\u4f46\u7d30\u7bc0\u5c31\u8acb\u5404\u4f4d\u81ea\u884c\u53c3\u95b1\u66f8\u4e2d\u7684\u5167\u5bb9\uff0c\u6211\u4e0d\u5728\u6b64\u8d05\u8ff0\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u672c\u66f8\u7684\u4e3b\u8981\u5167\u5bb9\u662f\u95dc\u65bc\u5df4\u83f2\u7279\u7684\u6295\u8cc7\u539f\u5247\u3001\u6295\u8cc7\u7d44\u5408\u548c\u6295\u8cc7\u601d\u7dad\u7684\u512a\u79c0\u66f8\u7c4d\uff1b\u5f88\u96e3\u5f97\u7684\u662f\u4f5c\u8005\u9084\u6703\u5ef6\u4f38\u8a31\u591a\u80a1\u7968\u6295\u8cc7\u7684\u76f8\u95dc\u8a71\u984c\u548c\u5f71\u97ff\u6295\u8cc7\u7e3e\u6548\u7684\u8a31\u591a\u80cc\u5f8c\u7684\u56e0\u7d20\uff0c\u9019\u4e9b\u56e0\u7d20\u4f5c\u8005\u90fd\u4ea4\u5f85\u5f97\u5f88\u6e05\u695a\uff0c\u4e0d\u6703\u4ee4\u4eba\u8b80\u4f86\u6709\u56f0\u60d1\u611f\u3002<\/li>\n\n\n\n<li>\u6709\u5e7e\u500b\u4e3b\u984c\u6211\u5728\u6b64\u7279\u5225\u63d0\u51fa\u4f86\uff0c\u662f\u6211\u500b\u4eba\u8a8d\u70ba\u672c\u66f8\u5167\u5bb9\u63cf\u8ff0\u548c\u8aaa\u660e\u5f97\u5f88\u597d\u7684\u2014\u2014\u5305\u62ec\u6295\u8cc7\u7d44\u5408\u3001\u98a8\u96aa\u548c\u76f8\u95dc\u4e8b\u5be6\u3002<\/li>\n\n\n\n<li>\u5c24\u5176\u4f5c\u8005\u5c0d\u54c8\u91cc\u00b7\u99ac\u79d1\u7dad\u8328\u7684\u6295\u8cc7\u7d44\u5408\u9078\u64c7\u3001\u5a01\u5ec9\u590f\u666e\u7684\u8c9d\u5854\u4fc2\u6578\u3001\u8cc7\u672c\u8cc7\u7522\u5b9a\u50f9\u6a21\u578b (CAPM)\u7b49\u5b78\u9662\u6d3e\u6295\u8cc7\u7406\u8ad6\u7684\u8aaa\u660e\uff0c\u512a\u52a3\u5206\u6790\uff0c\u4ee5\u53ca\u4ed6\u81ea\u5df1\u7684\u770b\u6cd5\uff0c\u6211\u8a8d\u70ba\u662f\u8b80\u8005\u4e0d\u5bb9\u932f\u904e\u7684\u90e8\u4efd\u3002<\/li>\n\n\n\n<li>\u5c24\u91d1\u6cd5\u746a\u7684\u6709\u6548\u5e02\u5834\u7406\u8ad6\uff08\u7b2c\u4e8c\u7ae0\uff09<\/li>\n\n\n\n<li>\u6295\u8cc7\u548c\u6a5f\u7387\uff0c\u98a8\u96aa\u5224\u5225\uff0c\u51f1\u5229\u6e96\u5247\u7b49\u3002<\/li>\n\n\n\n<li>\u6295\u8cc7\u5fc3\u7406\u5b78\uff0c\u5305\u62ec\u884c\u70ba\u7d93\u6fdf\uff0c\u8499\u683c\u7684\u591a\u5143\u7cfb\u7d71\u7b49\u3002<\/li>\n\n\n\n<li>\u95dc\u65bc\u6bd4\u723e\u2027\u7c73\u52d2\u9019\u4f4d\u8457\u540d\u7684\u6295\u8cc7\u4eba\u3001\u50f9\u503c\u6295\u8cc7\u3001\u6210\u9577\u6295\u8cc7\uff1b\u9019\u4e09\u8005\u9593\u7684\u91cb\u7591\uff08\u7b2c\u4e94\u7ae0\uff0c\u5df4\u83f2\u7279\u6295\u8cc7\u539f\u5247\uff09<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%B0%8F%E8%8A%B1%E7%B5%AE\"><\/span>\u5c0f\u82b1\u7d6e<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u6709\u6b21\u6211\u5728\u8b80\u8499\u683c\u7684\u8cc7\u6599\u6642\uff08\u4e0d\u78ba\u5b9a\u662f\u66f8\uff0c\u5f71\u7247\uff0c\u5c08\u8a2a\uff0c\u6bcf\u65e5\u671f\u520a\uff0c\u9b4f\u65af\u53ef\u6216\u6ce2\u514b\u590f\u80a1\u6771\u6703\u73fe\u5834\u554f\u7b54\u96c6\uff09\uff0c\u8499\u683c\u53c8\u63d0\u5230\u4ed6\u82b1\u4e86\u5f88\u591a\u6642\u9593\u5728\u9019\u672c\u66f8\u4e0a\uff0c\u4ed6\u96d6\u4e0d\u662f\u4f5c\u8005\uff0c\u4f46\u300c\u8499\u683c\u81ea\u5df1\u300d\u82b1\u4e86\u5f88\u591a\u5fc3\u529b\u63d0\u4f9b\u8a31\u591a\u8cc7\u6599\u7d66\u4f5c\u8005\uff0c\u4e26\u5354\u52a9\u64b0\u5beb\u66f8\u4e2d\u67d0\u4e9b\u5167\u5bb9\uff0c\u52a0\u4e0a\u548c\u4f5c\u8005\u8a2a\u8ac7\u53ca\u89aa\u81ea\u53c3\u8207\u6821\u7a3f\uff0c\u4ed6\u958b\u73a9\u7b11\u8aaa\u4ed6\u4e0d\u53cd\u5c0d\u5982\u679c\u6709\u4eba\u8aaa\u4ed6\u662f\u6b64\u66f8\u7684\u5171\u540c\u4f5c\u8005\u3002<\/p>\n\n\n\n<p>\u6211\u624b\u4e0a\u7684\u300a\u5df4\u83f2\u7279\u6838\u5fc3\u6295\u8cc7\u6cd5\u300b\u662f\u5f88\u5e74\u8f15\u6642\u8cb7\u7684\uff0c\u7576\u6642\u770b\u4e86\u6c92\u6709\u5f88\u5927\u7684\u611f\u89ba\u3002\u76f4\u5230\u7d047-8\u524d\u91cd\u8b80\uff0c\u89ba\u5f97\u9019\u771f\u662f\u672c\u597d\u66f8\u3002\u5f88\u7c21\u77ed\uff0c\u4efb\u4f55\u4eba\u90fd\u770b\u5f97\u61c2\uff0c\u4efb\u4f55\u4eba\u4e00\u5b9a\u90fd\u6703\u6709\u8010\u5fc3\u80fd\u8b80\u5b8c\u3002\u8499\u683c\u81ea\u5df1\u771f\u6b63\u639b\u540d\u7684\u66f8\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/05\/21\/%e7%aa%ae%e6%9f%a5%e7%90%86%e7%9a%84%e6%99%ae%e9%80%9a%e5%b8%b8%e8%ad%98\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u8499\u683c\u6700\u91cd\u8981\u7684\u8457\u4f5c\u300a\u7aae\u67e5\u7406\u7684\u666e\u901a\u5e38\u8b58\uff08Poor Charlie&#8217;s Almanack\uff09\u300b<\/a>\u300b\uff0c\u5176\u5be6\u8271\u6f80\u96e3\u8b80\uff0c\u662f\u4ed6\u4eba\u4ee3\u70ba\u6349\u5200\u4e4b\u4f5c\uff0c\u5167\u5bb9\u4e3b\u8981\u662f\u4ed6\u7684\u6f14\u8b1b\u96c6\u9326\uff0c\u4e26\u4e0d\u9069\u5408\u4e00\u822c\u4eba\u3002<\/p>\n\n\n\n<p>\u7e3d\u4e4b\uff0c\u500b\u6027\u56b4\u8b39\u5f8b\u5df1\u751a\u56b4\u7684\u8499\u683c\u5e7e\u4e4e\u4e0d\u5beb\u66f8\uff0c\u80fd\u6709\u4e00\u672c\u300c\u8499\u683c\u5171\u540c\u64b0\u5beb\u300d\u6dfa\u986f\u6613\u61c2\uff0c\u8ac7\u4ed6\u548c\u5df4\u83f2\u7279\u7684\u6295\u8cc7\u5be6\u52d9\u7d30\u7bc0\u7684\u80a1\u7968\u6295\u8cc7\u66f8\uff0c\u771f\u662f\u4ed6\u7559\u7d66\u4e16\u4eba\u6700\u597d\u7684\u79ae\u7269\u4e4b\u4e00\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"90\" height=\"137\" src=\"https:\/\/www.granitefirm.com\/blog\/wp-content\/uploads\/2025\/11\/The-Warren-Buffett-Portfolio-Custom.jpg\" alt=\"\u5df4\u83f2\u7279\u6838\u5fc3\u6295\u8cc7\u6cd5\" class=\"wp-image-74942\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%9B%B8%E9%97%9C%E8%B3%87%E8%A8%8A\"><\/span><strong>\u76f8\u95dc\u8cc7\u8a0a<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u6b64\u5916\uff0c\u4e5f\u6b61\u8fce\u60a8\u4e00\u4f75\u53c3\u898b\u6211\u7684\u7db2\u7ad9\u7684\u4ee5\u4e0b\u7684\u8cc7\u8a0a\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/www.granitefirm.com\/investing\/reference\/legendbooks.html\">\ud83c\udf10\u7d93\u5178\u6295\u8cc7\u66f8\u7c4d\u63a8\u85a6<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/www.granitefirm.com\/investing\/reference\/legendbooks.html\">\ud83c\udf10<\/a><a href=\"https:\/\/granitefirm.com\/investing\/reference\/primerbooks.html\" target=\"_blank\" rel=\"noopener\">\u6295\u8cc7\u5165\u9580\u66f8\u7c4d\u63a8\u85a6<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/www.granitefirm.com\/investing\/reference\/legendbooks.html\">\ud83c\udf10<\/a><a href=\"https:\/\/granitefirm.com\/investing\/reference\/morelegendbooks.html\" target=\"_blank\" rel=\"noopener\">\u5176\u5b83\u6295\u8cc7\u66f8\u7c4d\u63a8\u85a6<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/www.granitefirm.com\/investing\/reference\/stocksite.html\">\ud83d\udcda\u7f8e\u80a1\u7db2\u7ad9\u63a8\u85a6<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%9B%B8%E9%97%9C%E6%96%87%E7%AB%A0\"><\/span>\u76f8\u95dc\u6587\u7ae0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/07\/04\/%e6%b3%a2%e5%85%8b%e5%a4%8f%e8%82%a1%e6%9d%b1%e6%9c%83%e4%b8%ad%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e6%8e%a8%e8%96%a6%e6%9b%b8%e7%b1%8d\/\">\u6ce2\u514b\u590f\u80a1\u6771\u6703\u4e2d\u5df4\u83f2\u7279\u548c\u8499\u683c\u63a8\u85a6\u66f8\u7c4d\u6e05\u55ae<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/07\/08\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%8e%a8%e8%96%a6%e6%9b%b8%e5%96%ae\/\">\u5df4\u83f2\u7279\u63a8\u85a6\u66f8\u55ae<\/a>\u300b<\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/05\/30\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%a0%b8%e5%bf%83%e6%8a%95%e8%b3%87%e6%b3%95\/\">\u300a\u5df4\u83f2\u7279\u6838\u5fc3\u6295\u8cc7\u6cd5(The Warren Buffett Portfolio)\u300b<\/a><\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/06\/22\/%e8%b2%b7%e8%82%a1%e8%87%b4%e5%af%8cpaths-to-wealth\/\">\u83f2\u5229\u666e\uff0e\u8cbb\u96ea\u7684\u8457\u4f5c-\u8cb7\u80a1\u81f4\u5bcc(Paths to Wealth Through Common Stocks)\u300b<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/04\/13\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%82%b3%e6%b0%b8%e6%81%86%e7%9a%84%e5%83%b9%e5%80%bc\/\">\u300a\u6c38\u6046\u7684\u50f9\u503c\uff08Of Permanent Value\uff09\u300b<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/05\/24\/%e8%82%a1%e5%b8%82%e5%a4%a7%e4%ba%a8%e9%96%8b%e8%ac%9bbuffett-speaks\/\">\u300a\u80a1\u5e02\u5927\u4ea8\u958b\u8b1b\uff0c\u80a1\u795e\u5df4\u83f2\u7279\uff08Warren Buffett Speaks\uff09\u300b<\/a><\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/05\/18\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%aa%94%e6%a1%88%e6%9c%83%e8%ad%b0%e8%aa%9e%e9%8c%84%e6%96%87%e9%9b%86\/\">\u5df4\u83f2\u7279\u6a94\u6848\uff0c\u6703\u8b70\uff0c\u8a9e\u9304\u6587\u96c6<\/a>\u300b<\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/04\/24\/%e8%ab%8b%e5%95%8f%e5%b7%b4%e8%8f%b2%e7%89%b9%e8%88%87%e8%92%99%e6%a0%bc\/\">\u300a\u6ce2\u514b\u590f\u6b77\u5e74\u80a1\u6771\u6703\u73fe\u5834\u6587\u5b57\u5be6\u9304\u96c6\u300a\u8acb\u554f\u5df4\u83f2\u7279\u8207\u8499\u683c(Buffett and Munger Unscripted)\u300b\u300b<\/a><\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/04\/27\/%E8%82%A1%E7%A5%9E%E5%B7%B4%E8%8F%B2%E7%89%B9%E7%9A%84%E7%A5%9E%E8%AB%AD\/\">\u5df4\u83f2\u7279\u6700\u91cd\u8981\u539f\u59cb\u8ad6\u8ff0\u66f8\u7c4d\u2014\u80a1\u795e\u5df4\u83f2\u7279\u7684\u795e\u8aed\uff08Tap Dancing to Work\uff09<\/a>\u300b<\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2026\/01\/17\/%e3%80%8a%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%8a%95%e8%b3%87%e5%8e%9f%e5%89%87%ef%bc%88buffettology%ef%bc%89%e3%80%8b\/\">\u300a\u5df4\u83f2\u7279\u6295\u8cc7\u539f\u5247\uff08Buffettology\uff09\u300b<\/a><\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/06\/16\/%e5%93%a5%e5%80%ab%e6%af%94%e4%ba%9e%e5%95%86%e5%ad%b8%e9%99%a2%e7%b6%93%e5%85%b8%e6%a1%88%e4%be%8b%e5%b7%b4%e8%8f%b2%e7%89%b9\/\">\u66b8\u89e3\u5df4\u83f2\u7279\u7684\u5165\u9580\u66f8\u300a\u54e5\u502b\u6bd4\u4e9e\u5546\u5b78\u9662\u7d93\u5178\u6848\u4f8b\uff0c\u5df4\u83f2\u7279\uff08Warren Buffett: Investor and Entrepreneur\uff09<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/07\/27\/%E5%B7%B4%E8%8F%B2%E7%89%B9%E7%9A%84%E6%8A%95%E8%B3%87%E5%8E%9F%E5%89%87\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5df4\u83f2\u7279\u5408\u4f19\u516c\u53f8\u5e74\u4ee3\u50b3\u7d00\u300a\u5df4\u83f2\u7279\u7684\u6295\u8cc7\u539f\u5247\uff08Warren Buffett&#8217;s Ground Rules\uff09<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/06\/30\/%E7%BE%8E%E8%82%A1%E6%8A%95%E8%B3%87%E4%BA%BA%E5%BF%85%E8%AE%80%E7%9A%84%E6%BC%AB%E6%AD%A5%E8%8F%AF%E7%88%BE%E8%A1%97\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u7f8e\u80a1\u6295\u8cc7\u4eba\u5fc5\u8b80\u7684\u300a\u6f2b\u6b65\u83ef\u723e\u8857\uff08A Random Walk Down Wall Street\uff09<\/a>\u300b\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/05\/10\/%E7%B5%A6%E6%8A%95%E8%B3%87%E5%B0%8F%E7%99%BD%E7%9A%84%E5%85%A5%E9%96%80%E6%9B%B8\/\">\u7d66\u6295\u8cc7\u5c0f\u767d\u7684\u6295\u8cc7\u5165\u9580\u66f8<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/06\/05\/%e5%bd%bc%e5%be%97%e6%9e%97%e5%8d%80%e9%81%b8%e8%82%a1%e6%88%b0%e7%95%a5\/\">\u9069\u5408\u5165\u9580\u6295\u8cc7\u4eba\u7684\u300a\u5f7c\u5f97\u6797\u5340\u9078\u80a1\u6230\u7565\uff08One Up On Wall Street\uff09<\/a>\u300b\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/05\/27\/%E5%83%B9%E5%80%BC%E6%8A%95%E8%B3%87bejamin-graham\/\">\u845b\u62c9\u6f22\u7684\u50b3\u8a18\u300a\u50f9\u503c\u6295\u8cc7\uff08Benjamin Graham on Value Investing\uff09\u300b<\/a>\u300b<\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/07\/26\/%E3%80%8A%E5%A6%82%E4%BD%95%E6%8A%95%E8%B3%87%EF%BC%88how-to-invest%EF%BC%89%E3%80%8B\/\">\u300a\u5982\u4f55\u6295\u8cc7\uff08How to Invest\uff09\u300b <\/a><\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/07\/28\/%e8%89%be%e5%88%a9%e6%96%af%e7%b0%a1%e4%bb%8b%e5%92%8c%e5%ae%83%e7%9a%84%e6%8a%95%e8%b3%87%e7%b5%82%e6%a5%b5%e6%88%b0\/\">\u67e5\u723e\u65af\uff0e\u827e\u5229\u65af\uff08Charles Ellis\uff09\u7c21\u4ecb\u548c\u4ed6\u5beb\u7684\u300a\u6295\u8cc7\u7d42\u6975\u6230\uff08Winning the Loser\u2019s Game\uff09\u300b<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/10\/07\/%e6%95%88%e7%8e%87%e5%b8%82%e5%a0%b4\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u6548\u7387\u5e02\u5834\u5047\u8aaa\u70ba\u4ec0\u9ebc\u4e0d\u5408\u7406\uff1f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/10\/27\/%e6%8a%95%e8%b3%87%e7%b5%84%e5%90%88%e5%86%8d%e5%b9%b3%e8%a1%a1%e7%82%ba%e4%bd%95%e4%b8%8d%e5%90%88%e7%90%86\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u6295\u8cc7\u7d44\u5408\u518d\u5e73\u8861\u70ba\u4f55\u4e0d\u5408\u7406<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/10\/13\/%e7%8f%be%e4%bb%a3%e6%8a%95%e8%b3%87%e7%b5%84%e5%90%88%e7%90%86%e8%ab%96%e7%82%ba%e4%bd%95%e4%b8%8d%e5%90%88%e7%90%86%ef%bc%9f\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u73fe\u4ee3\u6295\u8cc7\u7d44\u5408\u7406\u8ad6\u70ba\u4f55\u4e0d\u5408\u7406\uff1f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/08\/17\/%e9%95%b7%e6%9c%9f%e6%8c%81%e8%82%a1%e7%9a%84%e5%8f%af%e8%83%bd%e6%80%a7\/\">\u9577\u671f\u6301\u80a1\u7684\u53ef\u80fd\u6027\uff0c\u5df4\u83f2\u7279\u6301\u80a1\u7684\u5be6\u969b\u6848\u4f8b<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/03\/20\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%98%af%e5%a6%82%e4%bd%95%e5%bb%ba%e6%a7%8b%e4%bb%96%e7%9a%84%e9%95%b7%e6%9c%9f%e6%8a%95%e8%b3%87%e7%b5%84%e5%90%88%e7%9a%84\/\">\u5df4\u83f2\u7279\u662f\u5982\u4f55\u5efa\u69cb\u4ed6\u7684\u9577\u671f\u6295\u8cc7\u7d44\u5408\u7684<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/09\/12\/%e6%82%a8%e6%87%89%e8%a9%b2%e8%aa%8d%e8%ad%98square%e9%80%99%e5%ae%b6%e4%bc%81%e6%a5%ad\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/04\/07\/%e7%82%ba%e4%bb%80%e9%ba%bc%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%80%bc%e5%be%97%e6%b7%b1%e5%85%a5%e7%a0%94%e7%a9%b6%ef%bc%9f\/\">\u70ba\u4ec0\u9ebc\u5df4\u83f2\u7279\u503c\u5f97\u6df1\u5165\u7814\u7a76\uff1f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/12\/07\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e6%8a%95%e8%b3%87%e6%83%b3%e6%b3%95%e7%9a%84\/\">\u5df4\u83f2\u7279\u662f\u5982\u4f55\u767c\u6398\u6295\u8cc7\u60f3\u6cd5\u7684\uff1f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/04\/27\/%E5%B7%B4%E8%8F%B2%E7%89%B9%E6%8C%81%E8%82%A1%E7%9A%84%E5%85%B1%E5%90%8C%E6%80%A7\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5df4\u83f2\u7279\u6301\u80a1\u76843\u5927\u5171\u540c\u6027-\u4fbf\u5b9c\u3001\u56fa\u5b9a\u914d\u606f\u3001\u5eab\u85cf\u80a1<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/02\/22\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%842025%e5%b9%b4%e8%87%b4%e6%b3%a2%e5%85%8b%e5%a4%8f%e8%82%a1%e6%9d%b1%e4%bf%a1\/\">\u5df4\u83f2\u7279\u76842025\u5e74\u81f4\u6ce2\u514b\u590f\u80a1\u6771\u4fe1<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/02\/25\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%842024%e5%b9%b4%e8%87%b4%e6%b3%a2%e5%85%8b%e5%a4%8f%e8%82%a1%e6%9d%b1%e4%bf%a1\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5df4\u83f2\u7279\u76842024\u5e74\u81f4\u6ce2\u514b\u590f\u80a1\u6771\u4fe1<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/02\/26\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%842023%e5%b9%b4%e5%ba%a6%e8%82%a1%e6%9d%b1%e4%bf%a1\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5df4\u83f2\u7279\u76842023\u5e74\u81f4\u6ce2\u514b\u590f\u80a1\u6771\u4fe1<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/05\/05\/2024%E5%B9%B4%E6%B3%A2%E5%85%8B%E5%A4%8F%E8%82%A1%E6%9D%B1%E5%B9%B4%E6%9C%83%E5%85%A8%E8%A8%98%E9%8C%84\/\" target=\"_blank\" rel=\"noreferrer noopener\">2024\u5e74\u6ce2\u514b\u590f\u80a1\u6771\u5e74\u6703\u6587\u5b57\u548c\u9304\u5f71\u4e2d\u82f1\u6587\u5168\u8a18\u9304<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/05\/09\/2023%e5%b9%b4%e6%b3%a2%e5%85%8b%e5%a4%8f%e8%82%a1%e6%9d%b1%e5%b9%b4%e6%9c%83%e5%85%a8%e8%a8%98%e9%8c%84\/\" target=\"_blank\" rel=\"noreferrer noopener\">2023\u5e74\u6ce2\u514b\u590f\u80a1\u6771\u5e74\u6703\u5168\u8a18\u9304<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/07\/26\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%94%9f%e5%b9%b3%e7%9a%84%e7%ac%ac%e4%b8%80%e6%ac%a1%e9%9b%bb%e8%a6%96%e5%b0%88%e8%a8%aa\/\">\u5df4\u83f2\u7279\u751f\u5e73\u7684\u7b2c\u4e00\u6b21\u96fb\u8996\u5c08\u8a2a<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/08\/27\/%E5%80%BC%E5%BE%97%E6%87%B7%E5%BF%B5%E7%9A%84%E6%9F%A5%E7%90%86%E8%92%99%E6%A0%BC\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u503c\u5f97\u61f7\u5ff5\u7684\u5049\u5927\u6295\u8cc7\u5927\u5e2b\u67e5\u7406\uff0e\u8499\u683c\uff08Charlie Munger\uff09<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/02\/17\/%e8%92%99%e6%a0%bc2023%e5%b9%b4%e6%af%8f%e6%97%a5%e6%9c%9f%e5%88%8a%e8%82%a1%e6%9d%b1%e6%9c%83%e9%80%90%e5%ad%97%e5%af%a6%e9%8c%84\/\">\u8499\u683c2023\u5e74\u6bcf\u65e5\u671f\u520a\u80a1\u6771\u6703\u9010\u5b57\u5be6\u9304<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/05\/21\/%e7%aa%ae%e6%9f%a5%e7%90%86%e7%9a%84%e6%99%ae%e9%80%9a%e5%b8%b8%e8%ad%98\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u8499\u683c\u6700\u91cd\u8981\u7684\u8457\u4f5c\u300a\u7aae\u67e5\u7406\u7684\u666e\u901a\u5e38\u8b58\uff08Poor Charlie&#8217;s Almanack\uff09\u300b<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/03\/06\/%e8%92%99%e6%a0%bc%e6%af%8f%e6%97%a5%e6%9c%9f%e5%88%8adaily-journal%e8%82%a1%e6%9d%b1%e6%9c%83%e5%95%8f%e7%ad%94\/\">\u300a\u8499\u683c\u4e4b\u9053\u300b-\u8499\u683c\u6bcf\u65e5\u671f\u520a\uff08Daily Journal\uff09\u7e3d\u517110\u5e74\u7684\u80a1\u6771\u6703\u73fe\u5834\u554f\u7b54\u91cd\u9ede\u548c\u611f\u60f3<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/02\/17\/%e8%92%99%e6%a0%bc2023%e5%b9%b4%e6%af%8f%e6%97%a5%e6%9c%9f%e5%88%8a%e8%82%a1%e6%9d%b1%e6%9c%83%e9%80%90%e5%ad%97%e5%af%a6%e9%8c%84\/\">\u8499\u683c2023\u5e74\u6bcf\u65e5\u671f\u520a\u80a1\u6771\u6703\u9010\u5b57\u5be6\u9304<\/a>\u300b<\/li>\n<\/ul>\n\n\n\n<p><em><strong>\u91cd\u8981\u8072\u660e<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>\u672c\u7ad9\u5167\u5bb9\u70ba\u4f5c\u8005\u500b\u4eba\u610f\u898b\uff0c\u50c5\u4f9b\u53c3\u8003\uff0c\u672c\u4eba\u4e0d\u5c0d\u6587\u7ae0\u5167\u5bb9\u3001\u8cc7\u6599\u4e4b\u6b63\u78ba\u6027\u3001\u770b\u6cd5\u3001\u8207\u5373\u6642\u6027\u8ca0\u4efb\u4f55\u8cac\u4efb\uff0c\u8b80\u8005\u8acb\u52d9\u5fc5\u81ea\u884c\u5224\u65b7\u3002<\/em><\/li>\n\n\n\n<li><em>\u5c0d\u65bc\u8b80\u8005\u76f4\u63a5\u6216\u9593\u63a5\u4f9d\u8cf4\u4e26\u53c3\u8003\u672c\u7ad9\u8cc7\u8a0a\u5f8c\uff0c\u63a1\u53d6\u4efb\u4f55\u6295\u8cc7\u884c\u70ba\u6240\u5c0e\u81f4\u4e4b\u76f4\u63a5\u6216\u9593\u63a5\u640d\u5931\uff0c\u6216\u56e0\u6b64\u7522\u751f\u4e4b\u4e00\u5207\u8cac\u4efb\uff0c\u672c\u4eba\u5747\u4e0d\u8ca0\u4efb\u4f55\u640d\u5bb3\u8ce0\u511f\u53ca\u5176\u4ed6\u6cd5\u5f8b\u4e0a\u4e4b\u8cac\u4efb\u3002<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u7f85\u4f2f\u7279\uff0e\u6d77\u683c\u65af\u58ef\u7684\u300a\u5df4\u83f2\u7279\u6838\u5fc3\u6295\u8cc7\u6cd5\u300b\u548c\u300a\u5df4\u83f2\u7279\u52dd\u5238\u5728\u63e1\u768412\u500b\u539f\u5247\u300b\u9019\u5169\u672c\u66f8\u53ef\u4ee5\u5728\u8ddd\u4eca\u7d04\u4e09\u5341\u5e74\u524d\u6240\u5b8c\u6210\u7684\uff0c\u7576\u5e74\u63a8\u51fa\u6642\u5c31\u7acb\u5373\u9032\u5165\u300a\u7d10\u7d04\u6642\u5831\u300b\u7b49\u8457\u540d\u7684\u66a2\u92b7\u66f8\u7684\u699c\u55ae\u4e2d\uff0c\u4e26\u53d7\u6295\u8cc7\u4eba\u7684\u559c\u611b\u81f3\u4eca\uff0c\u76f8\u7576\u4e0d\u5bb9\u6613\u3002<\/p>\n","protected":false},"author":1,"featured_media":74942,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,98,406],"tags":[],"class_list":["post-74941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing-books","category-buffett","category-charlie-munger"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts\/74941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/comments?post=74941"}],"version-history":[{"count":37,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts\/74941\/revisions"}],"predecessor-version":[{"id":81215,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/posts\/74941\/revisions\/81215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/media\/74942"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/media?parent=74941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/categories?post=74941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/wp-json\/wp\/v2\/tags?post=74941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}