A chief executive foolish enough to boast that “not a dime” had been returned to shareholders in more than four decades might risk being tarred and feathered at his next annual meeting. But investors would build statues to the one who actually said so at his “Woodstock for capitalists” this year. Warren Buffett has used those retained earnings to produce an astounding 500,000 per cent cumulative return since 1965.
身为首席执行官，却吹嘘什么四十多年从未返还给股东“一毛钱”，实在是够愚蠢的，在下一届年会上可能会受到惩罚。然而，对于在今年“资本家的伍德斯托克音乐节”上真这么说过的人，投资者却只想给他塑像礼敬。自1965年以来，沃伦•巴菲特(Warren Buffett)利用那些留存收益，累计产生了5000倍的惊人回报。
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