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.
身為首席執行官，卻吹噓什么四十多年從未返還給股東“一毛錢”，實在是夠愚蠢的，在下一屆年會上可能會受到懲罰。然而，對于在今年“資本家的伍德斯托克音樂節”上真這么說過的人，投資者卻只想給他塑像禮敬。自1965年以來，沃倫?巴菲特(Warren Buffett)利用那些留存收益，累計產生了5000倍的驚人回報。
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