Refer To:《1984-03-14 Warren Buffett's Letters to Berkshire Shareholders》。 Goodwill and its Amortization: The Rules and The Realities 商誉及其摊销:规则与现实 This appendix deals only with economic and accounting Goodwill—not the goodwill of everyday usage. For ...
Refer To:《1985-02-25 Warren Buffett's Letters to Berkshire Shareholders》。 Dividend Policy 股息政策 Dividend policy is often reported to shareholders, but seldom explained. A company will say something like, "Our goal is to pay out 40% to 50% of earnings ...
Refer To:《1985-02-25 Warren Buffett's Letters to Berkshire Shareholders》。 Errors in Loss Reserving 损失准备金计提的误差 Any shareholder in a company with important interests in the property/casualty insurance business should have some understanding of the ...
Refer To:《1985-02-25 Warren Buffett's Letters to Berkshire Shareholders》。 Buffalo Evening News Profits at the News in 1984 were considerably greater than we expected. As at See's, excellent progress was made in controlling costs. Excluding hours ...
Refer To:《1986-03-04 Warren Buffett's Letters to Berkshire Shareholders》。 Three Very Good Businesses (and a Few Thoughts About Incentive Compensation) 三门极好的生意(以及关于激励薪酬的若干思考) When I was 12, I lived with my grandfather for about four months. A grocer ...