{"id":4554,"date":"2021-11-30T04:07:00","date_gmt":"2021-11-29T20:07:00","guid":{"rendered":"https:\/\/www.madewill.com\/?p=4554"},"modified":"2023-08-08T11:09:46","modified_gmt":"2023-08-08T03:09:46","slug":"classic-quote-from-charlie-munger","status":"publish","type":"post","link":"https:\/\/www.madewill.com\/the-munger-way\/classic-quote-from-charlie-munger.html","title":{"rendered":"\u5b66\u4e60\u666e\u4e16\u667a\u6167\u2014\u2014\u91cd\u6e29\u67e5\u7406\u8292\u683c\u7684\u7ecf\u5178\u8bed\u5f55"},"content":{"rendered":"\n
1\u3001\u6211\u59cb\u7ec8\u76f8\u4fe1\u4ece\u522b\u4eba\u90a3\u91cc\u5b66\u5230\u73b0\u6210\u7cbe\u534e\u7684\u9053\u7406\uff0c\u4e0d\u559c\u6b22\u4e00\u4e2a\u4eba\u5750\u5728\u90a3\u91cc\u7a7a\u60f3\u3002\u56e0\u4e3a\u8fd8\u6ca1\u6709\u4eba\u80fd\u806a\u660e\u5230\u90a3\u79cd\u7a0b\u5ea6\u3002 <\/p>\n\n\n\n
2\u3001\u4f60\u5fc5\u987b\u77e5\u9053\u91cd\u8981\u5b66\u79d1\u7684\u91cd\u8981\u7406\u8bba\uff0c\u5e76\u7ecf\u5e38\u4f7f\u7528\u5b83\u4eec\u2014\u2014\u8981\u5168\u90e8\u90fd\u7528\u4e0a\uff0c\u800c\u4e0d\u662f\u53ea\u7528\u51e0\u79cd\u3002\u5927\u591a\u6570\u4eba\u90fd\u53ea\u4f7f\u7528\u5b66\u8fc7\u7684\u4e00\u4e2a\u5b66\u79d1\u7684\u601d\u7ef4\u6a21\u578b\uff0c\u6bd4\u5982\u8bf4\u7ecf\u6d4e\u5b66\uff0c\u8bd5\u56fe\u7528\u4e00\u79cd\u65b9\u6cd5\u6765\u89e3\u51b3\u6240\u6709\u95ee\u9898\u3002\u4f60\u77e5\u9053\u8c1a\u8bed\u662f\u600e\u4e48\u8bf4\u7684\uff1a \u201c \u5728\u624b\u91cc\u62ff\u7740\u94c1\u9524\u7684\u4eba\u770b\u6765\uff0c\u4e16\u754c\u5c31\u50cf\u4e00\u9897\u9489\u5b50\u201d\u3002<\/p>\n\n\n\n
3\u3001\u901a\u8fc7\u5e7f\u6cdb\u7684\u9605\u8bfb\u628a\u81ea\u5df1\u57f9\u517b\u6210\u4e00\u4e2a\u7ec8\u751f\u81ea\u5b66\u8005\uff1b\u57f9\u517b\u597d\u5947\u5fc3\uff0c\u6bcf\u5929\u52aa\u529b\u4f7f\u81ea\u5df1\u806a\u660e\u4e00\u70b9\u70b9\u3002<\/p>\n\n\n\n
4\u3001\u957f\u4e45\u4ee5\u6765\uff0c\u6211\u575a\u4fe1\u5b58\u5728\u67d0\u4e2a\u7cfb\u7edf\u2014\u2014\u51e0\u4e4e\u6240\u6709\u806a\u660e\u4eba\u90fd\u80fd\u638c\u63e1\u7684\u7cfb\u7edf<\/a>\uff0c\u5b83\u6bd4\u7edd\u5927\u591a\u6570\u4eba\u7528\u7684\u7cfb\u7edf\u7ba1\u7528\u3002\u4f60\u9700\u8981\u7684\u662f\u5728\u4f60\u7684\u5934\u8111\u91cc\u5f62\u6210\u4e00\u79cd\u601d\u7ef4\u6a21\u578b\u7684\u590d\u5f0f\u6846\u67b6\u3002\u6709\u4e86\u90a3\u4e2a\u7cfb\u7edf\u4e4b\u540e\uff0c\u4f60\u5c31\u80fd\u9010\u6e10\u63d0\u9ad8\u5bf9\u4e8b\u7269\u7684\u8ba4\u8bc6\u3002\u7136\u800c\uff0c\u6211\u8fd9\u79cd\u7279\u6b8a\u7684\u65b9\u6cd5\u4f3c\u4e4e\u5f88\u5c11\u5f97\u5230\u8ba4\u53ef\uff0c\u751a\u81f3\u5bf9\u90a3\u4e9b\u975e\u5e38\u6709\u624d\u80fd\u7684\u4eba\u6765\u8bf4\u4e5f\u662f\u5982\u6b64\u3002\u4eba\u4eec\u8981\u662f\u89c9\u5f97\u4e00\u4ef6\u4e8b\u60c5\u201c\u592a\u96be\u201d\uff0c\u5f80\u5f80\u5c31\u4f1a\u653e\u5f03\u53bb\u505a\u5b83\u3002<\/p>\n\n\n\n 5\u3001\u4f60\u4eec\u5fc5\u987b\u5728\u5934\u8111\u4e2d\u62e5\u6709\u4e00\u4e9b\u601d\u7ef4\u6a21\u578b<\/a>\u3002\u4f60\u4eec\u5fc5\u987b\u4f9d\u9760\u8fd9\u4e9b\u6a21\u578b\u7ec4\u6210\u7684\u6846\u67b6\u6765\u5b89\u6392\u4f60\u7684\u7ecf\u9a8c\uff0c\u5305\u62ec\u95f4\u63a5\u7684\u548c\u76f4\u63a5\u7684\u3002\u4f60\u4eec\u4e5f\u8bb8\u5df2\u7ecf\u6ce8\u610f\u5230\uff0c\u6709\u4e9b\u5b66\u751f\u8bd5\u56fe\u6b7b\u8bb0\u786c\u80cc\uff0c\u4ee5\u6b64\u6765\u5e94\u4ed8\u8003\u8bd5\u3002\u4ed6\u4eec\u5728\u5b66\u6821\u4e2d\u662f\u5931\u8d25\u8005\uff0c\u5728\u751f\u6d3b\u4e2d\u4e5f\u662f\u5931\u8d25\u8005\u3002\u4f60\u5fc5\u987b\u628a\u7ecf\u9a8c\u60ac\u6302\u5728\u5934\u8111\u4e2d\u7684\u4e00\u4e2a\u7531\u8bb8\u591a\u601d\u7ef4\u6a21\u578b\u7ec4\u6210\u7684\u6846\u67b6\u4e0a\u3002<\/p>\n\n\n\n 6\u3001\u4f60\u5fc5\u987b\u6709\u6d53\u539a\u7684\u5174\u8da3\u53bb\u5f04\u660e\u767d\u6b63\u5728\u53d1\u751f\u7684\u4e8b\u60c5\u80cc\u540e\u7684\u539f\u56e0\u3002\u5982\u679c\u4f60\u80fd\u591f\u957f\u671f\u4fdd\u6301\u8fd9\u79cd\u5fc3\u6001\uff0c\u4f60\u5173\u6ce8\u73b0\u5b9e\u7684\u80fd\u529b\u5c06\u4f1a\u9010\u6e10\u5f97\u5230\u63d0\u9ad8\u3002\u5982\u679c\u4f60\u6ca1\u6709\u8fd9\u79cd\u5fc3\u6001\uff0c\u90a3\u4e48\u5373\u4f7f\u4f60\u6709\u5f88\u9ad8\u7684\u667a\u5546\uff0c\u4e5f\u6ce8\u5b9a\u4f1a\u5931\u8d25\u3002\u4f60\u82e5\u60f3\u5728\u4efb\u4f55\u9886\u57df\u62e5\u6709\u7ade\u4e89\u529b\uff0c\u5c31\u5fc5\u987b\u719f\u7ec3\u5730\u638c\u63e1\u8be5\u9886\u57df\u7684\u65b9\u65b9\u9762\u9762\uff0c\u4e0d\u7ba1\u4f60\u662f\u5426\u559c\u6b22\u8fd9\u4e48\u505a\uff0c\u8fd9\u662f\u4eba\u7c7b\u5927\u8111\u7684\u6df1\u5c42\u7ed3\u6784\u51b3\u5b9a\u7684\u3002<\/p>\n\n\n\n 7\u3001\u6211\u8fd9\u8f88\u5b50\u9047\u5230\u7684\u806a\u660e\u4eba\u6ca1\u6709\u4e0d\u9605\u8bfb\u7684\uff0c\u4e00\u4e2a\u90fd\u6ca1\u6709\u3002\u6c83\u4f26\u8bfb\u4e66\u4e4b\u591a\uff0c\u6211\u8bfb\u4e66\u4e4b\u591a\uff0c\u53ef\u80fd\u4f1a\u8ba9\u4f60\u611f\u5230\u5403\u60ca\u3002\u6211\u7684\u5b69\u5b50\u4eec\u90fd\u7b11\u8bdd\u6211\u3002\u4ed6\u4eec\u89c9\u5f97\u6211\u662f\u4e00\u672c\u957f\u4e86\u4e24\u6761\u817f\u7684\u4e66\u3002<\/p>\n\n\n\n 8\u3001\u5982\u679c\u8bf4\u4f2f\u514b\u5e0c\u5c14\u53d6\u5f97\u4e86\u4e0d\u9519\u7684\u53d1\u5c55\uff0c\u90a3\u4e3b\u8981\u662f\u56e0\u4e3a\u6c83\u4f26\u548c\u6211\u975e\u5e38\u5584\u4e8e\u7834\u574f\u6211\u4eec\u81ea\u5df1\u6700\u7231\u7684\u89c2\u5ff5\u3002\u54ea\u5e74\u4f60\u6ca1\u6709\u7834\u574f\u4e00\u4e2a\u4f60\u6700\u7231\u7684\u89c2\u5ff5\uff0c\u90a3\u4e48\u4f60\u8fd9\u5e74\u5c31\u767d\u8fc7\u4e86\u3002<\/p>\n\n\n\n 9\u3001\u6050\u6015\u4e8b\u60c5\u5c31\u662f\u8fd9\u6837\u7684\u3002\u5047\u5982\u670920\u79cd\u76f8\u4e92\u5f71\u54cd\u7684\u56e0\u7d20\uff0c\u90a3\u4e48\u4f60\u5fc5\u987b\u5b66\u4f1a\u5904\u7406\u8fd9\u79cd\u9519\u7efc\u590d\u6742\u7684\u5173\u7cfb\u2014\u2014\u56e0\u4e3a\u4e16\u754c\u5c31\u662f\u8fd9\u6837\u7684\u3002\u4f46\u5982\u679c\u4f60\u80fd\u50cf\u8fbe\u5c14\u6587\u90a3\u6837\uff0c\u5e26\u7740\u597d\u5947\u7684\u6bc5\u529b\uff0c\u5faa\u5e8f\u6e10\u8fdb\u5730\u53bb\u505a\uff0c\u90a3\u4e48\u4f60\u5c31\u4e0d\u4f1a\u89c9\u5f97\u8fd9\u662f\u8270\u5de8\u7684\u4efb\u52a1\u3002\u4f60\u5c06\u4f1a\u60ca\u8bb6\u5730\u53d1\u73b0\u81ea\u5df1\u5b8c\u5168\u80fd\u591f\u80dc\u4efb\u3002<\/p>\n\n\n\n 10\u3001\u4e5f\u8bb8\u6240\u6709\u6559\u80b2\u6700\u6709\u4ef7\u503c\u7684\u7ed3\u679c\u662f\uff0c\u5f53\u4f60\u4e0d\u5f97\u4e0d\u5b8c\u6210\u4e00\u4ef6\u4e8b\u60c5\u7684\u65f6\u5019\uff0c\u4e0d\u7ba1\u4f60\u662f\u5426\u559c\u6b22\u5b83\uff0c\u4f60\u90fd\u6709\u80fd\u529b\u53bb\u5b8c\u6210\u8fd9\u9879\u5fc5\u987b\u7684\u4efb\u52a1\u3002\u8fd9\u662f\u6bcf\u4e2a\u4eba\u5e94\u8be5\u5b66\u7684\u7b2c\u4e00\u8bfe\uff0c\u7136\u800c\uff0c\u65e0\u8bba\u4e00\u4e2a\u4eba\u591a\u65e9\u63a5\u53d7\u6559\u80b2\uff0c\u8fd9\u53ef\u80fd\u662f\u4ed6\u5f7b\u5e95\u5b66\u5230\u7684\u6700\u540e\u4e00\u8bfe\u3002<\/p>\n\n\n\n 11\u3001\u6211\u8ba4\u4e3a\u4fdd\u6301\u826f\u597d\u7684\u8bb0\u5f55\u662f\u975e\u5e38\u91cd\u8981\u7684\u3002\u5982\u679c\u4f60\u4ece\u4e00\u5f00\u59cb\u5c31\u80fd\u591f\u5728\u8bf8\u5982\u8bda\u5b9e\u8fd9\u6837\u7b80\u5355\u7684\u4e8b\u60c5\u4e0a\u62e5\u6709\u5b8c\u7f8e\u7684\u8bb0\u5f55\uff0c\u4f60\u5c06\u4f1a\u5728\u8fd9\u4e2a\u4e16\u754c\u4e0a\u53d6\u5f97\u5f88\u5927\u7684\u6210\u529f\u3002<\/p>\n\n\n\n 12\u3001\u6211\u548c\u4e00\u4e2a\u773c\u5149\u6781\u51c6\u7684\u4f20\u5947\u4eba\u7269\u5408\u4f5c\u4e86\u8bb8\u591a\u5e74\uff0c\u6211\u603b\u662f\u5f88\u60ca\u8bb6\u5730\u53d1\u73b0\uff0c\u539f\u6765\u4eba\u4eec\u53ea\u8981\u638c\u63e1\u548c\u4e0d\u505c\u5730\u5e94\u7528\u6240\u6709\u660e\u663e\u800c\u4e14\u5bb9\u6613\u5b66\u4e60\u7684\u539f\u7406\uff0c\u5c31\u80fd\u591f\u7cbe\u901a\u8bb8\u8bb8\u591a\u591a\u7684\u9886\u57df\u3002<\/p>\n\n\n\n 13\u3001\u5982\u679c\u4f60\u786e\u6709\u80fd\u529b\uff0c\u4f60\u5c31\u4f1a\u975e\u5e38\u6e05\u695a\u80fd\u529b\u5708<\/a>\u7684\u8fb9\u754c\u5728\u54ea\u91cc\u3002\u5982\u679c\u4f60\u95ee\u8d77\uff08\u4f60\u662f\u5426\u8d85\u51fa\u4e86\u80fd\u529b\u5708\uff09\uff0c\u90a3\u5c31\u610f\u5473\u7740\u4f60\u5df2\u7ecf\u5728\u5708\u5b50\u4e4b\u5916\u4e86\u3002<\/p>\n\n\n\n 14\u3001\u57fa\u672c\u7684\u3001\u666e\u4e16\u7684\u667a\u6167<\/a>\u662f\u4ec0\u4e48\uff1f\u55ef\uff0c\u7b2c\u4e00\u6761\u89c4\u5219\u662f\uff0c\u5982\u679c\u4f60\u4eec\u53ea\u662f\u8bb0\u5f97\u4e00\u4e9b\u5b64\u7acb\u7684\u4e8b\u7269\uff0c\u8bd5\u56fe\u628a\u5b83\u4eec\u786c\u51d1\u8d77\u6765\uff0c\u90a3\u4e48\u4f60\u4eec\u65e0\u6cd5\u771f\u6b63\u5730\u7406\u89e3\u4efb\u4f55\u4e1c\u897f\u3002\u5982\u679c\u8fd9\u4e9b\u4e8b\u7269\u4e0d\u5728\u4e00\u4e2a\u7406\u8bba\u6846\u67b6\u4e2d\u76f8\u4e92\u8054\u7cfb\uff0c\u4f60\u4eec\u5c31\u65e0\u6cd5\u628a\u5b83\u4eec\u6d3e\u4e0a\u7528\u573a\u3002<\/p>\n\n\n\n 15\u3001\u5982\u679c\u4f60\u8f7b\u8f66\u719f\u8def\u5730\u8d70\u4e0a\u8de8\u5b66\u79d1\u7684\u9014\u5f84\uff0c\u4f60\u5c06\u6c38\u8fdc\u4e0d\u60f3\u5f80\u56de\u8d70\u3002\u90a3\u5c31\u50cf\u780d\u65ad\u4f60\u7684\u53cc\u624b\u3002<\/p>\n\n\n\n 16\u3001\u806a\u660e\u4eba\u600e\u4e48\u4f1a\u7ecf\u5e38\u72af\u9519\u5462\uff1f\u4ed6\u4eec\u5e76\u6ca1\u6709\u505a\u5230\u6211\u8ba9\u4f60\u4eec\u505a\u7684\u4e8b\u60c5\uff1a\u4f7f\u7528\u4e00\u5f20\u68c0\u67e5\u6e05\u5355<\/a>\uff0c\u786e\u4fdd\u4f60\u4eec\u638c\u63e1\u4e86\u6240\u6709\u7684\u4e3b\u8981\u6a21\u578b\uff0c\u5e76\u4ee5\u4e00\u79cd\u591a\u5143\u7684\u65b9\u5f0f\u4f7f\u7528\u5b83\u4eec\u3002<\/p>\n\n\n\n 17\u3001\u6211\u4ece\u5c0f\u5c31\u5bf9\u8bb8\u591a\u5b66\u79d1\u611f\u5174\u8da3\u3002\u5982\u679c\u7bf1\u7b06\u90a3\u8fb9\uff0c\u5728\u522b\u4eba\u7684\u5b66\u79d1\u91cc\u6709\u597d\u601d\u60f3\uff0c\u6211\u5c31\u65e0\u6cd5\u4e56\u4e56\u5730\u5446\u5728\u6211\u81ea\u5df1\u7684\u5b66\u79d1\u91cc\u3002\u6240\u4ee5\u6211\u5c31\u56db\u9762\u516b\u65b9\u5bfb\u627e\u90a3\u4e9b\u771f\u6b63\u6709\u7528\u7684\u601d\u60f3\u3002<\/p>\n\n\n\n 18\u3001\u51e1\u4e8b\u5f80\u7b80\u5355\u5904\u60f3\uff0c\u5f80\u8ba4\u771f\u5904\u884c\u3002<\/p>\n\n\n\n 19\u3001\u53cd\u8fc7\u6765\u60f3\uff0c\u603b\u662f\u53cd\u8fc7\u6765\u60f3\uff01<\/p>\n\n\n\n 20\u3001\u4f60\u60f3\u5f97\u5230\u4e00\u4ef6\u4e1c\u897f\uff0c\u6700\u597d\u7684\u529e\u6cd5\u5c31\u662f\u8ba9\u81ea\u5df1\u914d\u5f97\u4e0a\u5b83\u3002<\/p>\n\n\n\n<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n\n\n\n
<\/figure>\n<\/figure>\n\n\n\n