Warren Buffett's Most Iconic Lecture EVER (MUST WATCH)

章节 1：开场白与职业建议——“20次打卡”投资观

📝 本节摘要：

本节以一段经典的“打卡器”思维实验开场，巴菲特提出如果一生只有20次投资机会，投资者将因为极度审慎而变得极其富有。随后，他以幽默的“麦克唐纳农场”笑话调侃了内布拉斯加大学的橄榄球员，迅速拉近了与现场听众的距离。在被问及毕业后的去向时，巴菲特给出了他最核心的职业建议：去为你最钦佩的人或机构工作，而不是为了完善简历而去做不喜欢的工作，并用“把性生活攒到老年”的幽默比喻，犀利地指出了追求“完美简历”的荒谬性。

[原文] [Warren Buffett]: you would be better off if when you got out of school here you got a punch card with 20 punches on it and every big Financial every financial decision you made you used up a punch you'd get very rich because you'd think through very hard each one

[译文] [沃伦·巴菲特]: 如果你从这里毕业时能拿到一张可以打卡20次的打卡器，那会对你大有裨益。你每做一个重大的财务——每一个财务决策，都会消耗掉一次打卡机会，这样你会变得非常富有，因为你会对每一个决策都进行极其严谨的深思熟虑。

[原文] [Warren Buffett]: if you went to a cocktail party and somebody talked about a company he didn't even understand what they did or couldn't pronounce the name but they made some money last week and another one like it you wouldn't buy it if you only had 20 punches on that card

[译文] [沃伦·巴菲特]: 如果你去参加一个鸡尾酒会，有人谈论一家他甚至都不了解其主营业务、或者连名字都不会念的公司，只是因为他们上周赚了点钱，以及类似的其他公司，如果你那张卡上只有20次机会，你是绝对不会买入的。

[原文] [Warren Buffett]: there's a temptation to dabble if uh particularly during B markets uh uh in stocks it's so easy you know it's easier now than ever because you can do it online you know just you click it in and maybe it goes up the point and get excited about that and you buy another one the next day and so on

[译文] [沃伦·巴菲特]: 人们总是面临涉足投机的诱惑，特别是——特别是在牛市（bull markets）期间——在股市里这太容易了。你知道，现在比以往任何时候都容易，因为你可以在线交易，你懂的，只需点击一下，也许它涨了一个点，你就为此感到兴奋，然后第二天你又买了一只，以此类推。

[原文] [Warren Buffett]: you can't make any money over time doing that but if you had a punch card with only 20 punches you weren't going to get another one in the rest of your life you would think a long time before every in vestment decision and you would make good ones and you'd make big ones and you probably wouldn't even use all 20 punches at the in your lifetime but you wouldn't need to

[译文] [沃伦·巴菲特]: 长此以往，你用这种方式是赚不到钱的。但如果你有一张只有20次机会的打卡器，而且你余生再也得不到另一张了，那么在做每一个投资决策之前你都会思考很久，你会做出好的决策，做出重大的决策，而且你这辈子甚至可能都用不完这20次打卡机会，但你也不需要用完它。

[原文] [Warren Buffett]: testing 1 million 2 million Okay I uh I came in from Nebraska today and uh you're probably all familiar with us mainly by our football team we had those fellas with the uh the big white helmets with those red ends on them

[译文] [沃伦·巴菲特]: 测试，100万，200万。好的，我——我今天从内布拉斯加州（Nebraska）过来，嗯——你们可能主要是通过我们的橄榄球队来了解我们的。我们有那些戴着白色大头盔、上面印着红色“N”字母的伙计们。

[原文] [Warren Buffett]: I asked one of our starters the other day what's the nend stand for and he said knowledge we we uh we make it tough on them though I mean they you don't coaster Nebraska just because you're a football player they they major an agricultural economics and there's a two question final uh for all of the players

[译文] [沃伦·巴菲特]: 前几天我问我们的一个首发球员那个“N”代表什么，他说代表“知识（Knowledge）”。我们——我们——嗯，我们对他们要求很严的。我的意思是，在内布拉斯加，你不能仅仅因为自己是个橄榄球员就混日子，他们——他们主修农业经济学，而且——所有球员都要参加一个只有两道题的期末考试。

[原文] [Warren Buffett]: and first question is uh what did Old McDonald have and uh they were giving that to one of our potential Heisman uh Trophy winners the other day and he started to sweat finally he brightened up he said Farm Professor delighted of course you don't want to flun a Heisman candidate uh so he said now h e said you're halfway home

[译文] [沃伦·巴菲特]: 第一道题是——“老麦克唐纳（Old McDonald）有什么？”前几天他们把这道题出给了我们一个可能获得海斯曼奖（Heisman Trophy）的候选人，他开始直冒汗。最后他眼睛一亮，说：“农场（Farm）！”教授很高兴，当然了，你总不想让一个海斯曼奖候选人挂科吧——所以他说，现在——他说，“你已经答对一半了。”

[原文] [Warren Buffett]: he said just one more question how do you spell Farm now the guy really starts to sweat he looks at the ceiling and he looks around find his face bright he says e e IO so watch for that guy this year he'll be Dynamite uh I really want to talk about what's on your mind so we're going to do a qaa in a minute

[译文] [沃伦·巴菲特]: 他说：“最后还有一个问题，‘农场（Farm）’怎么拼写？”现在这家伙真的开始狂流汗了，他看着天花板，四处张望，最后容光焕发，他说：“E-I-E-I-O！”所以今年留心看那个家伙的表现吧，他会一鸣惊人的。嗯——我真的很想聊聊你们心里的想法，所以我们等会儿会做一个问答（Q&A）。

[原文] [Warren Buffett]: I uh there are a couple questions I always get asked you know I always uh people always say well who should I go to work for when I get out and I've got a very simple answer we we may elaborate more on this as we go along but uh you know the the real thing to do is to get going and for some institution or individual that you admire

[译文] [沃伦·巴菲特]: 我——有几个问题我总是被问到，你知道，我总是——人们总是说，“我毕业后应该去为谁工作？”我有一个非常简单的答案，在接下来的时间里我们可能会对此做更多展开，但是——你知道——真正要做的，是立即行动起来，去为你钦佩的某个机构或个人工作。

[原文] [Warren Buffett]: I mean it's crazy to take in between jobs just because they look good on your resume or because you get a little higher starting pay I I was up at Harvard while back and very nice young guy picked me up at the airport uh Harbor business school attendee and he said look he said I went to undergrad here and then I worked for X and Y and Z and now I've come here

[译文] [沃伦·巴菲特]: 我的意思是，仅仅因为某些过渡性的工作在简历上看起来不错，或者因为你能拿到稍微高一点的起薪就去接受它们，这简直是疯了。我——不久前我去了哈佛（Harvard），一个非常棒的年轻人来机场接我，嗯——他是哈佛商学院的学生，他说：“你看，”他说，“我在这里读了本科，然后我在X、Y和Z公司工作过，现在我又来到了这里。”

[原文] [Warren Buffett]: and he said I I thought it would really round up my resume perfectly if I went to work now for a big management consulting firm and I said well is that what you want to do and he said no but he said that's the perfect resume and I said well when are you going to start doing what you like and he said well I'll get to that someday

[译文] [沃伦·巴菲特]: 他说：“我——我觉得如果我现在去一家大型管理咨询公司工作，这能让我的简历变得极其完美。”我问：“那么，这是你想做的事吗？”他说：“不是，但这能打造一份完美的简历。”我说：“那你要什么时候才开始做你喜欢的事情呢？”他说：“嗯，总有一天我会去做的。”

[原文] [Warren Buffett]: and I I said well you I said your plan sounds to me a lot like saving up sex for your old age you know it just doesn't make a lot of sense and I told that same group I said you know go to work for whomever you admire the most and I said you can't get a bad result you'll jump out of bed in the morning and you'll be having fun

[译文] [沃伦·巴菲特]: 然后我——我说：“好吧，你——”我说：“你的计划听起来很像是把性生活攒到老年再过。你知道，这实在是说不通。”我也对同一群人说，我说：“你知道，去为你最钦佩的人工作。”我说：“你绝不会得到一个糟糕的结果，你每天早上都会从床上弹起来，你会很享受其中的乐趣。”

[原文] [Warren Buffett]: and Dean called me up a couple weeks later said what' you tell those kids he said they're all becoming self-employed so you've got to you've got to temper that advice a little bit uh uh

[译文] [沃伦·巴菲特]: 结果几周后院长给我打电话，说：“你对那些孩子们说了什么？”他说，“他们现在全都要去当个体户了！”所以你们得——你们得稍微变通一下这个建议。嗯——嗯。