2018年股东大会 · 巴菲特公开承认不支持Trump当美国总统 — 文稿

M10:00

好的，Warren，这个问题来自一位 Berkshire 的股东，他说他持有股票已经十年了。

Okay, Warren, this question comes from a Berkshire shareholder who says they've been a shareholder for 10 years.

我得说，这可能是我收到过的、问你的问题里最尖锐的一个。

I should say this may be one of the most pointed questions I've ever received for you.

M20:09

不过你还是决定把这个问题交给我来问。

But you've elected to give it to me anyway.

M10:12

不过我确实这么做了。

But I did.

这位股东写道，我每年在这次大会上都会看那部影片，看到你当年为了 Salomon 的事在 Congress 作证，那被视为什么叫有道德准则的象征。

The shareholder writes, I have watched the movie every year at this meeting when you testify in front of Congress on behalf of Salomon as the symbol of what it means to have a moral compass.

投资者越来越希望把钱投到那些在社会和道德层面都有责任感的公司里。

Investors are increasingly looking to invest in companies that are socially and morally responsible.

所以当 CNBC 问到你，企业在推动围绕枪支销售的合理政策这件事上可以发挥什么作用时，我感到很不安。

So I was disturbed when you were asked on CNBC about the role that business could play in sensible policies around the sales of guns.

你说你认为企业根本不该扮演任何角色，你也不会把自己的价值观强加给别人。

You said you didn't think business should have a role at all and you wouldn't impose your values on others.

而当你说，你也可以接受 Berkshire 持有枪支制造商的股份时，我就更加惊讶了。

I was even more surprised when you said you'd be okay with Berkshire owning shares in gun manufacturers.

几年前在这场大会上，你说过，因为社会问题，你不会去买一家烟草公司。

At this meeting years ago, you said you wouldn't buy a tobacco company because of the social issues.

Berkshire 似乎只要对方不违法，就可以和任何公司发生关联，这种想法，跟我一直认为你所坚持的一切都相矛盾。

The idea that Berkshire would associate with any company as long as it isn't illegal seems at odds with everything I think you stand for.

请告诉我们，你刚才是说错了。

Please tell us you misspoke.

M21:10

嗯，我们来稍微展开说说这个问题。

Well, let's explore that a little.

这件事应该只是代表我个人的看法，还是应该代表这家公司的所有者，也就是股东们的看法？

Should it, should it be just my view, or should it be the view of the owners of the company?

所以，如果我要就各种政治议题去征求公司所有者的意见，其中一个议题是，比如说，Berkshire Hathaway 该不该支持 NRA，我知道，就算大多数股东投票支持这么做，或者董事会里大多数董事投票支持这么做，我也不会，我不会，我不会接受。

So if I decide to poll the owners of the company on a variety of political issues, and, and one of them being whether, you know, Berkshire Hathaway should support the NRA, you know, I know if a majority of the shareholders voted to do it, or if a majority of the board of directors voted to do it, I wouldn't, I wouldn't, I wouldn't accept that.

我不认为我的政治观点——我不认为我一接下这份工作，就应该把它们放进什么 blind trust，完全不去碰。

I don't, I don't think that my political views, I don't think I put them in a blind trust at all when I take the job.

而且在二零一六年的选举里，我筹了很多钱。

And I, in the election of 2016, I raised a lot of money.

就我来说，我是为 Hillary 筹款，而且我也用各种方式公开发声，说得都很直接。

In my case, I raised it for Hillary, and I spoke out in various ways that were quite frank.

但我不认为我那样做的时候——我不认为那是在代表 Berkshire 发言。

But I don't think that I speak— When I do that, I don't think I'm speaking for Berkshire.

我是以一个普通公民的身份在说话，我也不觉得我有资格替 Berkshire 发言。我们从来没有——在母公司层面，我们从来没有做过政治捐款。

I'm speaking as a private citizen, and I don't think I have any business speaking for Berkshire. We have never, at the parent company level, we have never made a political contribution.

你知道，我可能会去——而且我不会去找我们的供应商。

You know, I may go, and I don't, I don't go to our suppliers.

我不会做那种事，不会为了我上过的学校，或者某个政治候选人，或者别的什么事情去向他们筹钱。

I don't do anything of that sort where I raise money either for the school I went to or for a political candidate or anything else.

而且我也不认为，我们应该在 GEICO 的投保人表格上加一个问题：你是不是 NRA 会员？

And I don't think that we should have a question on the GEICO policyholder form, are you an NRA member?

你知道，如果你是，那你就不够资格成为我们的客户，或者诸如此类的话。

You know, and if you are, you just aren't good enough for us, or something like that.

我认为——我不相信应该把我个人的政治观点强加到我们企业的经营活动上。

I think— I do not believe in imposing my political opinions on the activities of our businesses.

如果你要进一步去区分哪些公司是纯洁的，哪些公司不是纯洁的，我觉得这个判断是非常难做的。

And if you get to what companies are pure and which ones aren't pure, I think it is very difficult to make that call.

我觉得我这么一回答，我都快不敢请 Charlie 来接话了，不过还是请吧，Charlie。

I think with that response, I'm almost afraid to call on Charlie, but go ahead, Charlie.

嗯，很显然，Warren，你确实还是会划一条界限的。

Well, obviously, you do draw a limit, Warren.

对，我们会。

Yeah, we do.

有很多事情虽然是合法的，但在我们看来还是太掉价了，我们不会去做；不过我们也不一定每次都能把这条线划得完美，好像我们掌握了什么至高无上的知识一样。

There are all kinds of things which are beneath us even though they're legal, but we don't necessarily draw it perfectly because we've got some sort of supreme knowledge.

我们就是尽我们所能做到最好。

We just do the best we can.

而且当然了，我们也不会在 Omaha 这边到处都是野火鸡的环境里，把所有枪都禁掉。

And certainly we're not going to ban all guns, surrounded by wild turkeys in Omaha.