十年

In aggregate, our smaller insurance operations produced an excellent underwriting profit in 2000 while generating significant float - just as they have done for more than a decade. If these companies were a single and separate operation, people would consider it an outstanding insurer. Because the companies instead reside in an enterprise as large as Berkshire, the world may not appreciate their accomplishments - but I sure do. Last year I thanked Rod Eldred, John Kizer, Don Towle and Don Wurster, and I again do so. In addition, we now also owe thanks to Tom Nerney at U.S. Liability and Michael Stearns, the new head of Cypress.

总的来说，其它规模较小的保险业务在2000年产生了可观的承保利益，同时一如过去十年来持续贡献大量的浮存金，如果把这些公司视为单一独立的企业，那么他们绝对可以称得上是一家经营绩效优异的保险公司，而因为这些事业隐身在Berkshire如此庞大的事业体中，外界无法理解他们的努力与成就，但至少我个人能够深深地体会地，去年我感谢过Rod、John、Don等人，今年则还要再加上美国责任险的Tom以及Cypress的新任主管Michael。

In aggregate, our smaller insurance operations produced an excellent underwriting profit in 2000 while generating significant float - just as they have done for more than a decade. If these companies were a single and separate operation, people would consider it an outstanding insurer.第 24 页共 56 页 www.buffettism.com 巴菲特研究中心 Research Centre for Buffettism Because the companies instead reside in an enterprise as large as Berkshire, the world may not appreciate their accomplishments - but I sure do. Last year I thanked Rod Eldred, John Kizer, Don Towle and Don Wurster, and I again do so. In addition, we now also owe thanks to Tom Nerney at U.S. Liability and Michael Stearns, the new head of Cypress.

总的来说，其它规模较小的保险业务在 2000 年产生了可观的承保利益，同时一如过去十年来持续贡献大量的浮存金，如果把这些公司视为单一独立的企业，那么他们绝对可以称得上是一家经营绩效优异的保险公司，而因为这些事业隐身在 Berkshire 如此庞大的事业体中，外界无法理解他们的努力与成就，但至少我个人能够深深地体会地，去年我感谢过 Rod，John，Don 等人，今年则还要再加上美国责任险的 Tom 以及 Cypress 的新任主管

"Hamilton"(2005, Matthew Porterfield): Beside "Eloge de l'amour," this is the movie I've watched the most times this decade.

l 《汉米尔顿》（2005年，马太·波特菲尔德）：除了《歌颂爱情》，这是我十年来看的次数最多的电影。

"Give us the ballot" now sounded like a call from an age long gone, but throughout the four decades following King's assassination, his 1966 demand for a guaranteed annual income seemed like a plea from a time that had barely existed and could never imaginably return.

&给我们选举权&现在看来更像是过去很久的时代的呼声，而在自马丁路德金被暗杀后的这四十年来，他1966年呼吁确保人均收入的口号像一个一去不复返的请求。

Miracle Chemical Cor. established in 1993 in Taiwan, is evolved in chemical, machinery and electronic materials all along. Over decade of years, Miracle advances with the times, and launches Dongguan Miracle Industrial Co.,ltd. in Shijie Town of Dongguan which is specialized in sale of electronic tools, agency of INTERFLUX chemical solvent and solder products.

永奇实业有限公司一九九三年在台湾成立，经营范围为化工，机械，电子材料等，十年来，一直秉承着创新求进，永续经营的经营理念，并于一九九九年三月在广东省东莞市成立永奇实业有限公司，经营范围为销售电子工具，代理新加坡INTERFLUX 化学溶剂及焊锡物品。

Agency of INTERFLUX chemical solvent and solder products.

永奇实业有限公司一九九三年在台湾成立，经营范围为化工、机械、电子材料等，十年来，一直秉承着创新求进、永续经营的经营理念，并于一九九九年三月在广东省东莞市成立永奇实业有限公司，经营范围为销售电子工具、代理新加坡INTERFLUX 化学溶剂及焊锡物品。

Him as the greatest ath lete of the firs t fifty years of the twentieth century.His total

大约七十年以后，在1982 年10 月，国际奥委会决定恢复这位伟大的美国印

As the leader and the main actor of "Critical Point Theater Phenomenon", the almost most longevous little, avant-garde, experimental theater group, Hueiling has continually experience about theater manufacture and the performance near 20 years.

作为几乎是台湾历史最悠久的小剧场团体&临界点剧象录&的团长及主要演员，有将近二十年的持续剧场制作及演出经历。在巅峰时期于剧团经营的&生活剧场&与&白水艺文空间&曾经有一年推出超过15 个全新作品，上演近乎100 场次的演出纪录。

When Kevin Maney published his Media Shakeout which became the annual best seller in 1995, the announcement of an incoming media-integrated era based on internet technologies has been predicted. Ten years afterwards, when the internet came cross its second wave of investment, The Long Tail written by Chris Anderson became the theoretic basis of innovating business models developed on technologies of internet new media, and provided internet new media with solid basis for further applications.

当Kevin Maney在1995年出版著作《Media Shakeout》成为当年《商业周刊》年度畅销书之一时，就预示了基于互联网技术的媒体融合时代即将来临；十年之后，在互联网迎来第二波投资热潮之际，Chris Anderson著作的《The Long Tail》成为建构与互联网新媒体技术之上创新商务模式的理论基础，让互联网新媒体具备了技术及应用的构架。

Based of the meteorologic data of the 45 years from 1960 to 2004,from the perspective of temporal series analysis, the dissertation analyzes the features of climate variation, and its influence over the desertification of Xinjiang as well as the natural driving factors of it.

以1960~2004年的气象资料为基础，从时间序列分析的角度，利用空间插值等技术分析近几十年新疆的气候变化特征及这种变化对于新疆土地荒漠化的影响。

Lugalbanda was a god and shepherd king of Uruk where he was worshipped for over a thousand years.

Lugalbanda 是神和被崇拜了一千年多 Uruk古埃及喜克索王朝国王。

I am coming just now,' and went on perfuming himself with Hunut, then he came and sat.

我来只是现在，'歼灭战perfuming自己与胡努特，那麼，他来到和SAT 。