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2009年股东大会 · 为什么你应该永远对未来保持乐观

55 段 · 3 位说话人 · 原片 6:09
F1
F10:00

我是来自 California 圣迭戈的 Mark Hoffman。

Mark Hoffman from San Diego, California.

我就是想感谢你们这么多年来给出的所有智慧和建议。

I just want to thank you for all your wisdom and advice over the years.

我也想感谢 Blumkins 那边、Furniture Mart 的朋友们。

I'd also like to thank the folks at the Blumkins, the Furniture Mart.

前两天他们带我们参观了一圈,特别棒。

They gave us a great tour the other day.

我来自一个叫 YPO 的组织,他们真的让我们看到了 Berkshire 的文化,还有你们在做什么。

I'm from an organization called the YPO, and they really showed us the culture at Berkshire and what you guys do.

我的问题是,从整个世界经济来看,Berkshire 旗下的业务都很棒,但我想问的是,你们有没有看到世界经济里一些更深层的问题,比如四十年前脱离金本位、法定货币,还有各国疯狂印钱这种事。

My question is, looking at the overall world economy, the Berkshire businesses are great, but my question is, is there underlying issues you see in the world economy, like going off the gold standard 40 years ago, and fiat currency, and countries making money like crazy.

如果 Berkshire 的业务都很好,但底层经济本身有问题,那接下来我们该往哪儿走?

If the Berkshire businesses are great but the underlying economy is a problem, where do we go from there?

对于世界经济,你们自己会问自己哪些问题?

What are the questions you're asking yourself about the world economy?
M1
M11:12

谢谢。

Thanks.

对,这个世界一直都会有很多地方出问题。

Yeah, there's, there's always a lot of things wrong with the world.

不幸的是,这也是我们唯一拥有的世界。

Unfortunately, it's the only world we've got.

所以,我们就只能在这样的环境里生活,去面对它、处理它。

I mean, so we, we live with it and we deal with it.

但它美妙的地方在于,这个体系运转得非常好。

But the beauty of it is this system works very well.

我完全不知道未来一年,或者两年里,商业和市场会发生什么,但有一点我知道,随着时间推移,这个国家的人会过得越来越好。

I don't have the faintest idea what's going to happen in business or markets in the next year or, or 2 years, but the one thing I know is that over time, uh, people will live better and better in this country.

我们有一套行之有效的制度。

We, we have a system that works.

它能释放人的潜力。

It unleashes human potential.

我刚刚在想,今天这里大概有三万五千人。

I was just thinking, we have today about 35,000 people here.

这差不多相当于美国一七九零年第一次人口普查时全国人口的百分之一。

That was almost 1% of the population of the United States in the first census in 1790.

像这样的群体只要有一百个,基本上就等于当时整个国家的人口了。

Just 100 groups like this and you were talking the whole country.

你想想看,如果在一七九零年,这个房间里坐满了当时三万五千名美国公民,他们天生其实会和我们一样聪明。

If you look at the— if we'd had this room filled back in 1790 with 35,000 citizens of the United States then, they would have been just as smart as we were natively there.

我是说,论智力的话。

I— intelligence.

他们生活的国家也拥有同样的资源,显然——同样肥沃的土壤、同样的气候、同样的矿产,所有这些都一样。

They would have lived in a country with resources that obviously— same fertile soil, the same temperature, the same minerals, all of that.

所以他们的能力并不比我们差,但他们创造出来的东西,和我们今天创造出来的完全不是一个量级。

So they were just as able as we are, but they weren't turning out anything like we turn out today.

你只要看看,我们今天的生活,和几百年前那些人相比是什么样子就知道了。

I mean, just look at how we live compared to those people several hundred years ago.

所以说,我们一直拥有一套有效运转的制度。

So we have had a system that works.

它能释放人的潜力。

It unleashes human potential.

China 有很长一段时间并没有一套能释放潜力的制度。

And China went for a long time without a system that unleashed potential.

现在他们有了一套正在释放人类潜力的制度。

Now they've got a system that's unleashing human potential.

而这条路,我们离走到尽头还差得远呢。

We haven't reached the end of that road, uh, by a long shot.

我的意思是,基本上我们才刚刚开始。

I mean, we're just starting, basically.

资本主义里会有不好的年份。

We will have bad years in capitalism.

我的意思是,它——市场会过头,会被恐惧和贪婪这些东西压倒,诸如此类。

I mean, it is— it overshoots in markets, it, it gets overcome by fear and greed and all of that sort of thing.

但如果你看看十九世纪,你知道,我们经历过 Civil War,而且在那个世纪里,前前后后大概有十五年左右的经济低迷时期。

But if you look at the 19th century, you know, we had a Civil War and we had 15 years or so of, of bad economic times spread out through that century.

我们还经历过六次恐慌,那是当年他们的叫法。

We had 6 panics, as they called them in those days.

到了二十世纪,我们打了几场大战,也经历了很多次衰退,还经历了 Great Depression。

In the 20th century, we had a couple of great wars, and we had plenty of recessions, and we had the Great Depression.

所以,我们这个社会的进步会被这些事情打断,但总体来说,我们还是在往前走。

So we have these interruptions in the progress of our society, but overall, we move ahead.

而且我们不光是在往前走,认真想想就会发现,我们前进的速度其实他妈的相当快。

And we not only move ahead, we move ahead at a pretty damn rapid rate when you think about it.

我是说,在二十世纪,我们的生活水平提升到了七比一的程度,而这还是在我们长期存在 slavery、把 Blacks 按五分之三个人来计算、还有大概一百三十年左右都不让女性投票的情况下做到的。

I mean, when in the 20th century, we had a 7-for-1 improvement in living, and we did that, you know, we had slavery for a long time, we had Blacks counted as 3/5 of a person, we didn't let women vote for 130 years or thereabouts.

我是说,我们一直——我们一直都在浪费人的潜力,现在也还在浪费,但过去几个世纪这种情况更严重。

I mean, we have— we have— we were wasting human potential, and we still are, but we were doing it more so for, for centuries.

但我们确实还是会继续向前,只不过是跌跌撞撞地往前走,而现在我们的经济也确实有点熄火。

But we do keep moving forward in kind of fits and starts, and right now we're sputtering somewhat in terms of the economy.

但在我看来,毫无疑问,人类的潜力是巨大的,而且在每一个阶段、每一年我们见面的时候,你都可以列出一大堆问题。

But there's no question in my mind that there is enormous human potential, and that at every, every period, every year we will meet, you can name a bunch of problems.

我是说,这种事总会发生,但机会最终会胜出。

I mean, it will happen, but the opportunities will win in the end.

而且,你知道,你的孩子会过得比你好,你的孙辈会过得更好。

And, you know, your kids will live better than you live, and your grandchildren will live better.

我们还会找到越来越多更轻松、更好的做事方式,很多是我们现在连想都还没想到的。

And we will find more and more ways to find easier and better ways to do things that we haven't even dreamt of yet.

Charlie。

Charlie.
M2
M24:33

嗯,现在我已经离死亡的年纪这么近了,我发现自己反而对经济前景更乐观了,虽然我也享受不到那个未来了。

Well, now that I'm so close to the age of death, I find myself getting more cheerful about the economic future, which I'm not going to be here to enjoy.

而真正让我特别高兴的是,很明显,我们终将能够利用太阳的直接能量,我们会在全世界普及电力,而这将让那些人口过剩的国家能够把海水变成淡水,而且,呃,而且,这还会消除很多环境问题,并把更多的 hydrocarbon resources 留给未来,用作 chemical feedstocks。

And what I find really cheerful is that we are plainly going to harness the direct energy of the sun, and we're going to have electrical power all over the world, and that's going to enable overpopulated countries to turn seawater into fresh water, and, and, uh, and it's going to eliminate a lot of the environmental problems and preserve more of the hydrocarbon resources for future needs in— as chemical feedstocks.

在我看来,这是一次最终的突破,它会解决人类最主要的技术问题,而且你已经能看到它就在地平线那头出现了。

What I see is a, is a final breakthrough that solves the main technical problem of man, and you can see it coming right over the horizon.

而且,呃,当然,MidAmerican 和 BYD 也会参与其中。

And, uh, and of course MidAmerican and BYD will be participating in it.

所以我觉得,只想着你大概率会遭遇的不幸,是一个非常严重的错误。

So I think it's hugely a mistake to think only about your probable misfortunes.

呃,你也应该想想,你所处的处境里有哪些好的地方。

Uh, you should also think about what's good about your situation.

而我们现在这个处境里好的地方就在于,人类最主要的技术问题马上就要被解决了。

And what's good about our situation now is the main technical problem of mankind is about to be fixed.

这——就是——只要你有足够的能源,很多别的问题你都能解决。

The— it's the— you have enough energy, you can solve a lot of your other problems.
M1
M16:05

他是年纪越大越乐观了。

He is getting more optimistic as he gets older.

Carol?

Carol?