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2014年股东大会 · 职业体育俱乐部是不是一个好的生意?

24 段 · 2 位说话人 · 原片 3:12
M1
M10:01

我叫 Ed Boyle,我来自 Chicago。

My name's Ed Boyle, and I'm from Chicago.

我的问题想问 Warren 和 Charlie。

My question's for Warren and Charlie.

你们有没有打算,或者会不会有兴趣,买一支职业体育队,或者一家体育器材制造公司?

Do you ever have any plans, or would you be interested in buying a professional sports team or sports equipment manufacturing company?

Warren?

Warren?

考虑到现在体育已经是个全球化的领域了,还是说这根本不在 Berkshire 的打法范围内?

Being that we're— sports is in a global world today, or is this out of the Berkshire game?
M2
M20:28

Warren 已经干过这事了。

Warren's already done it.

我曾经拥有过一家大型——小联盟球队的四分之一股权,不过这可不是我能进 Forbes 四百富豪榜的原因。

I owned a quarter of a major— minor league team, but it's not responsible for my position on the Forbes 400.

你那个关于买体育队的问题,答案是不。

The answer to your question about buying a sports team is no.

事实上,如果 Charlie 和我——如果你看到新闻说我们俩谁要去买体育队了,那可能就该开始讨论接班人了。

In fact, if Charlie and I— if you read that either one of us is buying a sports team, it may be time to talk about successors.

体育器材整体上来说一般都不是特别好的生意,当然了,Nike 整体经营做得非常非常成功。

Sports equipment has generally not been a very good business, although obviously Nike's done incredibly well in its overall operation.

不过我们拥有 Spalding,我们也拥有 Russell,而 Spalding 已经存在很久很久了。

But we own Spalding, we own Russell, and Spalding has been around a long, long time.

A.G. Spalding,我都忘了他到底是什么时候——我想他大概在一八八零年代之类的时候,还试图把棒球推广到世界其他地方。

A.G. Spalding, I forget when the hell he was — I think he was trying to take baseball to the rest of the world back in the, I don't know, 1880s or something like that.

但总的来说,如果你看看那些做高尔夫器材、橄榄球、头盔,尤其是头盔,还有棒球手套、棒球这些产品的人,他们这个行业并不是一个特别赚钱的生意。

But it's, generally speaking, if you look at the people that have made golf equipment, footballs, helmets particularly, baseball gloves, baseballs, it's not been a particularly profitable business.

而且其中有些细分领域,比如头盔。

And certain aspects of it, like helmets.

你知道,Berkshire 最不该做的事情,就是拥有一家头盔公司。

You know, the last thing Berkshire should do is own a helmet company.

头盔公司应该归那种欠着大概一百万美元、而且名下没几个钱的人去拥有,因为你知道,他不会成为被盯上的目标,而我们就会成为终极目标。

A helmet company should be owned by some guy that owes about $1 million and doesn't have a dime to his name because, you know, he is not going to be a target, and we would be the ultimate target.

而且我们以前还被给过机会去把整个公司买下来,那家公司是给机场提供安保人员的。

And we got offered the chance to buy the whole place, and the idea of owning a business that provided guards at airports.

你知道,只要出了任何问题,大家就会说那是安保人员的错。

You know, when anything went wrong, you know, you're going to say that it was the guard's fault.

然后旁边又有这么一家超级有钱的大公司在那里,简直就是个完美的靶子。

And here's this super-rich corporation around there that is a perfect target.

我的意思是,机场安保公司这种生意,同样应该归那种净资产连两位数都到不了的人去拥有。

I mean, a guard company at airports, again, should be owned by somebody whose net worth does not get out to two figures.

所以,所以你们不会看到我们太多涉足体育圈。

So, so that you won't see much of us in the sports arena.

Charlie,你是在看 Clippers 吗,还是——我现在有点担心他真在看了。

Charlie, are you looking at the Clippers, or— now I'm worried that he is.

不管 Warren 对拥有体育队这件事怎么看,我都比他更不喜欢。

No, whatever Warren thinks about sports teams ownership, I like it less.
M1
M13:11

好的,Andrew。

Okay, Andrew.