俱乐部十周年礼物：《巴菲特致股东信（中文语音版）》

由陈理通过博客巴菲特：陈理的博客

中国一群虔诚的投资者一起滚雪球。在启文兄的鼎力支持下，设计已经基本完成

1957-2016

Warren Buffett’s letters to theShareholders

Chinese Spoken Version

Issued by Chinese Way Buffett InvestingClub

August 2016

《巴菲特致股东信（中文语音版）》是由中道巴菲特俱乐部整理、翻译并转录成中文语音版，作为俱乐部成立十周年的纪念礼物；同时向沃伦·巴菲特先生表示敬意。

中道巴菲特俱乐部（Chinese WayBuffett Investing Club，简称CWBIC）由中国著名巴菲特专家陈理先生2006年5月18日于上海成立，主要由来自中国的巴式投资者组成，是国内学习、研究、交流、传播和实践巴菲特投资思想的重要平台。

中国一群虔诚的投资者一起滚雪球。

“Buffett’s letters to theshareholders (Chinesespoken version)” is assembled, translated and recorded into Chinesespoken version by Chinese Way Buffett Investing Club (CWBIC), as agift for forum attendees in celebrating the 10th anniversary ofCWBIC’s establishment. In the meantime, we would like to present it asa high tribute to Mr. Warren Buffett.

CWBIC is founded by Mr. Li Chen, awell-respected expert in China, on May 18, 2006 in Shanghai, China.The club is mainly composed of value investors from China and it isa significant platform for investors to study, research,communicate, spread and practice Buffett’s investmentideas.

Let the Chinese earnest investors roll thesnowball together.