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Pay Attention to Taxes and Inflation 关注税收和通货膨胀 To paraphrase famed investor Warren Buffett, when it comes to measuring your investment results over time, the primary thing that matters is how many more hamburgers you can buy at the end of the day. In other words, focus on purchasing power. 根据著名投资人沃伦·巴菲特所言，衡量长期投资收入时最基本要考虑的是最终你能多买几个汉堡，也就是说要关注购买力。 It is amazing how few professional portfolio managers focus on pre-tax returns rather than after-tax returns or who ignore the rate of inflation. 但令人惊讶的是只有极少数专业投资管理人会关注税前收益而不关注税后收益，或者忽视通货膨胀率。 | 
