从二手车到汽油再到食品杂货，通货膨胀继续推高美国商品的价格。消费者价格指数上月较2020年7月上涨5.4%，创下2008年以来的最大涨幅。
虽然一些经济学家和其他金融专家说，目前的通货膨胀率没有什么可担心的，但通货膨胀实际上已不可避免。但说到投资，伯克希尔·哈撒韦公司首席执行官沃伦·巴菲特说，有些企业比其他企业更有可能成功。
在2015年伯克希尔哈撒韦公司（Berkshire Hathaway）年度股东大会上，巴菲特被问到，在高通胀时期，他持有的公司股票中，哪一项最具发展潜力。巴菲特的回答是：最好的投资对象是不需要持续再投资的企业，因为当一美元贬值时，再投资的成本就会越来越高。
“通货膨胀时期，最好的企业是你购买一次，然后你随后无需继续进行资本投资，”巴菲特表示。
他解释说，公用事业或铁路等行业“不断消耗越来越多的钱”，盈利能力也不如以前。他更喜欢拥有与人们有联系的公司。
相反，“在通货膨胀时期拥有一个品牌是件好事，”巴菲特说。对他来说，包括See ‘s Candy这样的品牌，他从1972年就拥有了这个品牌。
当然，大多数日常投资者无法购买整个企业，但他们可以购买自己喜欢的公司的股票。正如巴菲特在2009年所说的那样，拥有“一个很棒的企业”的一部分是有用的，因为无论美元的价值发生什么变化，企业的产品仍然会有需求。
巴菲特说：“如果你有一些对别人有用的东西，随着时间的推移，它往往会按照重置价值进行定价，所以你真的会受到通胀的刺激。”
不过，对大多数投资者来说，最好的做法不是选择他们认为会表现良好的个股，而是投资风险低得多的低成本指数基金。
巴菲特此前对媒体表示，对于那些希望建立退休储蓄的人来说，多元化指数基金“在任何时候都是最具实际意义的”，“始终购买标普500低成本指数基金，”他在2017年表示。“无论遇到什么困难，都要坚持购买，尤其是在困难的时候。”
From used cars to gasoline to groceries, inflation continues to push up the prices of American goods. The consumer price index rose 5.4 per cent last month from July 2020, the biggest increase since 2008.
Although some economists and other financial experts say the current inflation rate has nothing to worry about, inflation is in fact inevitable. But when it comes to investing, Berkshire Hathaway CEO Warren Buffett says some companies are more likely to succeed than others.
In 2015, Berkshire HathawayBuffett was asked at the company's (Berkshire Hathaway) annual shareholders' meeting that at Qualcomm IncDuring the bloating period, which of the company stocks he held had the most potential for development. Buffett's answer is: the best investments are companies that do not need to continue to reinvest, because when the dollar depreciates, the cost of reinvestment becomes higher and higher.
"in times of inflation, the best company is when you buy it once, and then you don't have to make any more capital investment," Buffett said.
Industries such as utilities or railways "continue to consume more and more money" and are not as profitable as they used to be, he explained. He prefers to own companies that are connected to people.
On the contrary, "it's good to have a brand in times of inflation," Buffett said. For him, including brands like See's Candy, he has owned the brand since 1972.
Of course, most day-to-day investors can't buy the whole company, but they can buy shares in the company they like. As Buffett said in 2009, it is useful to have part of a "great company" because no matter what happens to the value of the dollar, there will still be demand for its products.
"if you have something that is useful to others, it tends to be priced at reset value over time, so you will really be spurred by inflation," Buffett said. "
For most investors, however, the best thing to do is not to choose stocks they think will perform well, but to invest in low-cost index funds that are much riskier.
Mr Buffett has previously told the media that diversified index funds are "the most practical at any time" for those who want to build retirement savings and "always buy S & P 500 low-cost index funds", he said in 2017. "No matter what difficulties you encounter, you must keep buying, especially in difficult times."
