M1
M10:00
我叫 Darryl Patrick，来自俄亥俄州的 Dayton。
My name is Darryl Patrick from Dayton, Ohio.
有多少位股东持有 Berkshire 的时间比你和 Charlie 还长？你们有没有和他们聚过？
How many shareholders do you have that have owned Berkshire longer than you and Charlie, and have you ever gotten together with them?
M2
M20:11
有多少位股东持有它的时间比我们还长？
How many shareholders have had it longer than we have?
嗯，我们是从一九六二年开始买的，当时的价格是七又八分之五美元。我想，第一笔成交价就是七又八分之五美元，差不多吧，不过我们买了两千股。
Well, we started buying in 1962, and it was 7 and 5/8—I think the first ticket was at 7 and 5/8 or thereabouts, but, uh, it was 2,000 shares.
我把那张交易凭证挂在墙上了，当时我付了一角钱的佣金。
I've got, I've got the trading card on the wall, and I paid a dime commission.
真不敢相信，那时候我付的佣金才一角钱。
I can't believe I was paying a dime commission in those days.
我们现在付五美分，不过那是在股价高得多的股票上。
We pay a nickel now, but that's on much higher-priced stocks.
还好，还好当时我没有因为要不要付这笔佣金，跟经纪人打起来。
It's a good, it's a good thing I didn't have a fistfight with a broker about whether to pay it or not.
不然我可能就，可能就不会有那两千股了。
I might not have—might not have those 2,000 shares.
我们有一位董事，呃，Kim Chace。
We have as a director, uh, Kim Chace.
呃，他家族持有 Berkshire 的历史，可以追溯到什么时候？
Uh, and his family's holdings in Berkshire go back to what?
呃，Kim，你在哪儿？
Uh, Kim, where are you?
在下面。
Down here.
看，在那儿。
There we are.
你觉得是哪一年？二十年代。
What year would you—The '20s.
二十年代。
The '20s.
对，Chace 家族从二十年代起就持有 Berkshire 了。
Yeah, the Chace family has been in Berkshire since the '20s.
不过我想说，我们大概买下了 Buffett Partnership 百分之七十的股份。那是我在六十年代经营的一家合伙企业，它大概买下了这家公司百分之七十的股份。所以，这就意味着，当时大约还有三十万股不是我们持有的。
But I would say we bought about 70% of the Buffett Partnership, which was a partnership I ran in the '60s, bought about 70% of the company. So that means there were 300,000 shares roughly that were not owned by us.
除了 Chace 家族之外，我相信还有一些人，我敢肯定，大概还有五十到一百位股东，是从更早的时候就持有股份，而且现在还在。我很高兴他们还在。
Aside from the Chace family, I'm sure there are people that—I'm sure we've got, you know, 50 or 100 shareholders maybe from that earlier date that are still around, and I'm glad they are.
Charlie？
Charlie?
M1
M11:37
没什么要补充的。
Nothing to add.