巴菲特致股东的信-2001年

Buffett's Letters To Berkshire Shareholders 2001
巴菲特致股东的信2001年
Berkshire’s loss in net worth during 2001 was $3.77 billion, which decreased the per-share book value of both our Class A and Class B stock by 6.2%. Over the last 37 years (that is, since present management took over) per-share book value has grown from $19 to $37,920, a rate of 22.6% compounded annually.*
本公司2001年的净值减少了37.7亿美元，每股A股或B股的帐面净值减少了6.2%，累计过去37年以来，也就是自从现有经营阶层接手之后，每股净值由当初的19元成长到现在的37,920美元，年复合成长率约为22.6%*。
All figures used in this report apply to Berkshire's A shares, the successor to the only stock that the company had outstanding before 1996. The B shares have an economic interest equal to 1/30th that of the A.
*1在年报中所谓的每股数字系以A级普通股约当数为基础，这是本公司在1996年以前流通在外唯一的一种股份，B级普通股则拥有A级普通股三十分之一的权利。