——陈理在中道巴菲特俱乐部2009年年会上的演讲2010年7月18日各位同仁:本次俱乐部年会的主题是“巴菲特投资思想的普遍适用性和个性化应用。”巴菲特投资思想的普遍适用性对俱乐部同仁来说是毫无疑问的,但对整个投资界而言,疑问是大大的。不仅在中国如此,在韩国如此,甚至在巴菲特的老家美国也是如此。五月份的时候,我们曾委托孙涤教授向查理·芒格请教了这个问题,芒格也说,不要说在中国,即使在美国,人们也质疑我们的方法是否管用。巴菲特投资思想的个性化应用是客观存在的,从我们俱乐部会员的情况看,虽然都学习巴菲特,但从选股到具体操作,都是有所不同和各具特色的。一方面和每个人学习的深入程度不同有关,另一方面也和每个人的个性不同有关。下面我就自己学习应用巴菲特投资思想谈几点体会,并汇报自己个性化应用的结果——“实力投资理论”,不对之处,请大家批评指正。...
Dr. Shannon Kelsey: A respected archaeologist, a woman of fierce independence and beauty, her passion for the great ancient mysteries has brought her to the mountains of Peru, where she stands on the threshold of an astounding discovery and on the verge of death. . .Joseph Zolar: Within a labyrinth of legitimate business enterprises, he has created a vast international empire built on illegal trade in antiquities. Now he has set his sights on the ultimate prize-golden antiquities worth almost a
1 绝对专制:朱尼厄斯·斯潘塞·摩根 爱默生说过,“一个机构是一个人影响力的延伸。”如果的确如此,那么在摩根财团,这个具有影响力的人就是朱尼厄斯·斯潘塞·摩根。他的家训给儿子皮尔庞特打下了深深的烙印,经一个世纪,汇集成了摩根哲学。正如一位记者所说:“摩根家族的人一向信奉绝对专制。朱尼厄斯·摩根在世时一直支配着自己的家庭和事业——包括他的儿子和合伙人。”朱尼厄斯巨大的影响力控制着他儿子的生活,直到1890年他去世。 朱尼厄斯沉稳冷静,不事炫耀。他聪明而不外露,态度和蔼,却奉行铁的纪律。乔治·皮博迪暴露出早年饱尝贫苦的创伤,而继承了大笔遗产的朱尼厄斯·摩根则风度翩翩,举止文雅得体。摩根家族是美国巨富之一,拥有足以炫耀的门第。...
主讲人简介: 马明达,回族,著名历史学家。祖籍河北省沧州,1943年生于甘肃省兰州。现任广州暨南大学历史系教授、博士生导师。兼华南师大体育科学学院客座教授、西北民族学院历史系客座教授,广东省武术文化研究会会长、广东李小龙研究会会长。 马明达教授出身中国武术世家,父亲马凤图、叔父马英图都是民国时期全国闻名的武术家。兄长马颖达、马贤达、马令达都是著名武术家,弟兄四人在开武术界被推誉为“马氏四杰”。马明达教授自幼师从父马凤图求学,文武并修。1959年初,获甘肃省青少年武术比赛冠军。1967年毕业于甘肃师范大学。1993年到广州暨南大学工作至今。主要从事中国文化史、民族史和中外关系史的研究和教学,断代史研究上侧重于元、明、清三朝。担任主编和副主编的书有《中国武术大辞典》、《中国回族辞典》等。历年来发表中国古代史、民族史和武术史论文一百余篇。...
At midmorning of a broiling summer day the life of Three Counties Hospital ebbed and flowed like tide currents around an offshore island. Outside the hospital the citizens of Burlington, Pennsylvania, perspired under a ninety-degree shade temperature with 78 per cent humidity. Down by the steel mills and the rail yards, where there was little shade and no thermometers, the reading-if anyone had bothered to take it-would have been a good deal higher. Within the hospital it was cooler than outs
1 Green dice rolled across the green table, struck the rim together, and bounced back. One stopped short holding six white spots in two equal rows uppermost. The other tumbled out to the center of the table and came to rest with a single spot on top. Ned Beaumont grunted softly"Uhn!"and the winners cleared the table of money. Harry Sloss picked up the dice and rattled them in a pale broad hairy hand. "Shoot two bits." He dropped a twenty-dollar bill and a five-dollar bill on the table....
汉代的货币制度是以铜钱为下币,以黄金为上币的。据史料记载,在西汉时期黄金作为流通和支付手段盛行于上流社会,因此流通中的黄金数量巨大,据《汉书》记载,西汉仅皇帝赐金就多达90万斤,合现在225吨。但是到了东汉以后,社会上流通的黄金数量却骤然减少。也就是说,大量的黄金在短短的时期内突然退出流通,神秘消失了。这个未解之谜一直困惑着后来的人们,也引出了关于这些黄金的去向的种种猜测。有的认为汉代的对外贸易有逆差,许多黄金作为支付手段流到了境外;有的说是王莽篡权后曾将国库的大量黄金吞为己有,新政垮台时又将黄金秘藏,不知去向;有的解释说是汉代盛行厚葬,大量黄金渐渐都随葬入土;还有的说是由于西汉末年的政局动荡,战乱不息,富户豪门为备不测,将黄金财宝囤于地下,而后曲终人亡,藏宝失传。仔细分析这些解释可以发现,除了第一个解释外,其余三个解释都认为黄金被埋入了地下。据此,有人甚至进一步提出...
1. Fingers of lightning tore holes in the black skies as an angry cloudburst drenched the surrealistic landscape. It was 3 A.M. on a cold, wet morning in late November 1967. and the little houses scattered along the dirt road winding through the hills of West Virginia were all dark. Some seemed unoccupied and in the final stages of decay. Others were unpainted, neglected, forlorn. The whole setting was like the opening scene of a Grade B horror film from the 1930s. ...
问题一:大白鲨为何会成为海中一霸? 大家看到了,好莱坞拍的《大白鲨》,惊心动魄,而且也令人非常害怕。就说明大白鲨不是一般的鲨鱼,那么大白鲨之所以成为全世界公认的凶猛鲨鱼,是有它特殊的条件的。那么大白鲨之所以能成为海洋中的一霸,有这么以下四点:第一,它生活在地球上已经有三亿多年的历史了,它有一个发达的大脑,可以借助电磁场的导航,把各种信息来储存到大脑里。那么又利用大脑把所有的信息再传递到它的运动神经系统,凭借着它的非常敏感的嗅觉,它就能够快速出击,这是第一点。第二点,就是它的牙齿与众不同,它的牙齿是什么牙齿呢?是三角形的,而且在三角形牙齿的边缘还有很多锯齿,这样的牙齿一旦咬住了别的小动物,别的小动物是难以脱身的。大白鲨所到之处都是残体和血,说明大鲨鱼非常地凶猛。第三点,大鲨鱼的游速是非常快的,每小时能够达到70公里,比一般的汽车还要快。第四点,我们认为它的...
FRIDAY, 11 JULY 1975 FRONT PAGE DIPLOMATS SAID TO BE LINKED WITH FUGITIVE TERRORIST KNOWN AS CARLOS Paris, 10 July - France expelled three high-ranking Cuban diplomats today in connection with the world-wide search for a man called Carlos, who is believed to be an important link in an international terrorist network. The suspect, whose real name is thought to be Ilyich Ramirez Sanchez, is being sought in the killing of two French counter-intelligence agents and a Lebanese informer at a Latin Q
Douglas Preston dedicates this book to Stuart Woods. Acknowledgments Lincoln Child wishes to thank Bruce Swanson, Bry Benjamin, M.D., Lee Suckno, M.D., Irene Soderlund, Mary Ellen Mix, Bob Wincott, Sergio and Mila Nepomuceno, Jim Cush, Chris Yango, Jim Jenkins, Mark Mendel, Juliette Kvernland, Hartley Clark, and Denis Kelly, for their friendship and their assistance, both technical and otherwise. Thanks also to my wife, Luchie, for her love and unstinting support. And I would especially like