{"id":39698,"date":"2022-07-25T17:37:08","date_gmt":"2022-07-25T09:37:08","guid":{"rendered":"https:\/\/\/?p=39698"},"modified":"2023-01-07T12:30:50","modified_gmt":"2023-01-07T04:30:50","slug":"guru-li-lu-0","status":"publish","type":"post","link":"https:\/\/\/guru-li-lu-0\/","title":{"rendered":"\u4e2d\u570b\u7248\u5df4\u83f2\u7279-\u674e\u797f\u300b\u4e00\u4f4d\u67e5\u7406\u2027\u8499\u683c\u6700\u4fe1\u4efb\u7684\u7d93\u7406\u4eba"},"content":{"rendered":"<!-- \/367108978\/Rich01_PC_up_728x90 -->\n\t<div class='div-gpt-ad-css' id='div-gpt-ad-1564472272479-0' style='width: 728px; height: 90px;'>\n\t  <script>\n\t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1564472272479-0'); });\n\t  <\/script>\n\t<\/div><p><img decoding=\"async\" class=\"alignnone size-full wp-image-39700\" src=/index.html"https:\/\/\/wp-content\/uploads\/20220721143453_87.jpg\" alt=\"\u674e\u797f-\u50f9\u503c\u6295\u8cc7-\u5df4\u83f2\u7279-\u67e5\u7406\u2027\u8499\u683c\" width=\"960\" height=\"502\" \/><\/p>\n<p>\u5728\u897f\u65b9\uff0c\u6709\u80a1\u795e\u5df4\u83f2\u7279\u3002<br \/>\n\u5728\u4e2d\u570b\uff0c\u4e5f\u6709\u4e00\u4f4d\u6295\u8cc7\u4eba\uff0c\u5916\u865f\u53eb\u300c\u4e2d\u570b\u5df4\u83f2\u7279\u300d\uff0c\u4ed6\u5c31\u662f\u674e\u797f(Li Lu)\u3002<\/p>\n<p>\u674e\u797f\u4e0d\u50c5\u66fe\u88ab\u8996\u70ba\u662f\u5df4\u83f2\u7279\u7684\u63a5\u73ed\u4eba\u9078\uff0c\u540c\u6642\u4e5f\u662f\u5df4\u83f2\u7279\u7684\u62cd\u6a94<a href=/index.html"https:\/\/\/charlie-munger-guru\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u67e5\u7406\u2027\u8499\u683c<\/a>\u6700\u4fe1\u4efb\u7684\u7d93\u7406\u4eba\uff0c\u5354\u52a9\u4ed6\u7ba1\u7406\u6578\u5341\u5104\u7f8e\u5143\u7684\u5bb6\u65cf\u8cc7\u7522\u3002<\/p>\n<p>\u5230\u5e95\u674e\u797f\u662f\u4ec0\u9ebc\u6a23\u7684\u4eba\u7269\uff0c\u6295\u8cc7\u98a8\u683c\u53c8\u5982\u4f55\u5462\uff1f<\/p>\n<p>\u672c\u7bc7\u6587\u7ae0\u5e02\u5834\u5148\u751f\u5c07\u8a73\u76e1\u4ecb\u7d39\u674e\u797f\u9019\u4f4d\u5927\u5e2b\uff0c\u5305\u542b\u4ed6\u7684\u6210\u9577\u80cc\u666f\u3001\u8077\u696d\u751f\u6daf\u3001\u6295\u8cc7\u54f2\u5b78\u3001\u6295\u8cc7\u7e3e\u6548\u7b49\u3002<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_64 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">\u672c\u6587\u5e02\u5834\u5148\u751f\u6703\u544a\u8a34\u4f60\uff1a<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6611eddc18514\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6611eddc18514\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=/index.html"https:\/\/\/guru-li-lu-0\/#%E4%B8%AD%E5%9C%8B%E7%89%88%E5%B7%B4%E8%8F%B2%E7%89%B9%EF%BC%9A%E6%9D%8E%E7%A5%BF%E6%98%AF%E8%AA%B0%EF%BC%9F\" title=\"\u4e2d\u570b\u7248\u5df4\u83f2\u7279\uff1a\u674e\u797f\u662f\u8ab0\uff1f\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u4e2d\u570b\u7248\u5df4\u83f2\u7279\uff1a\u674e\u797f\u662f\u8ab0\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=/index.html"https:\/\/\/guru-li-lu-0\/#%E6%9D%8E%E7%A5%BF%E7%9A%84%E6%8A%95%E8%B3%87%E5%93%B2%E5%AD%B8\" title=\"\u674e\u797f\u7684\u6295\u8cc7\u54f2\u5b78\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u674e\u797f\u7684\u6295\u8cc7\u54f2\u5b78<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=/index.html"https:\/\/\/guru-li-lu-0\/#%E6%9D%8E%E7%A5%BF%E7%9A%84%E6%8C%81%E8%82%A1%E5%8F%8A%E7%B8%BE%E6%95%88\" title=\"\u674e\u797f\u7684\u6301\u80a1\u53ca\u7e3e\u6548\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u674e\u797f\u7684\u6301\u80a1\u53ca\u7e3e\u6548<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=/index.html"https:\/\/\/guru-li-lu-0\/#%E6%9D%8E%E7%A5%BF%E6%9C%80%E8%91%97%E5%90%8D%E7%9A%84%E4%B8%80%E5%BD%B9%EF%BC%9A%E6%8A%95%E8%B3%87%E6%AF%94%E4%BA%9E%E8%BF%AABYD\" title=\"\u674e\u797f\u6700\u8457\u540d\u7684\u4e00\u5f79\uff1a\u6295\u8cc7\u6bd4\u4e9e\u8fea(BYD)\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u674e\u797f\u6700\u8457\u540d\u7684\u4e00\u5f79\uff1a\u6295\u8cc7\u6bd4\u4e9e\u8fea(BYD)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=/index.html"https:\/\/\/guru-li-lu-0\/#%E6%9D%8E%E7%A5%BF%E7%9A%84%E5%A4%B1%E6%95%97%E7%B6%93%E9%A9%97%EF%BC%9A%E6%8A%95%E8%B3%87%E6%8B%BC%E5%A4%9A%E5%A4%9APDD\" title=\"\u674e\u797f\u7684\u5931\u6557\u7d93\u9a57\uff1a\u6295\u8cc7\u62fc\u591a\u591a(PDD)\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u674e\u797f\u7684\u5931\u6557\u7d93\u9a57\uff1a\u6295\u8cc7\u62fc\u591a\u591a(PDD)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=/index.html"https:\/\/\/guru-li-lu-0\/#%E5%BF%AB%E9%80%9F%E9%87%8D%E9%BB%9E%E6%95%B4%E7%90%86%EF%BC%9A%E6%9D%8E%E7%A5%BF%E5%83%B9%E5%80%BC%E6%8A%95%E8%B3%87%E7%90%86%E5%BF%B5%E7%B5%A6%E6%88%91%E5%80%91%E7%9A%84%E5%95%9F%E7%99%BC\" title=\"\u5feb\u901f\u91cd\u9ede\u6574\u7406\uff1a\u674e\u797f\u50f9\u503c\u6295\u8cc7\u7406\u5ff5\u7d66\u6211\u5011\u7684\u555f\u767c\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u5feb\u901f\u91cd\u9ede\u6574\u7406\uff1a\u674e\u797f\u50f9\u503c\u6295\u8cc7\u7406\u5ff5\u7d66\u6211\u5011\u7684\u555f\u767c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=/index.html"https:\/\/\/guru-li-lu-0\/#%E6%9D%8E%E7%A5%BF%E5%8F%83%E8%80%83%E6%9B%B8%E7%B1%8D\" title=\"\u674e\u797f\u53c3\u8003\u66f8\u7c4d\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u674e\u797f\u53c3\u8003\u66f8\u7c4d<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"%E4%B8%AD%E5%9C%8B%E7%89%88%E5%B7%B4%E8%8F%B2%E7%89%B9%EF%BC%9A%E6%9D%8E%E7%A5%BF%E6%98%AF%E8%AA%B0%EF%BC%9F\"><\/span>\u4e2d\u570b\u7248\u5df4\u83f2\u7279\uff1a\u674e\u797f\u662f\u8ab0\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>\u674e\u797f(Li Lu)\u5c0f\u6a94\u6848<\/strong><\/p>\n<ul>\n<li><span style=\"font-size: 16px;\"><strong>\u51fa\u751f\uff1a<\/strong>1966<\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u51fa\u751f\u5730\uff1a<\/strong>\u4e2d\u570b\u6cb3\u5317\u7701\u5510\u5c71\u5e02<\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u5b78\u6b77\uff1a<\/strong>\u54e5\u502b\u6bd4\u4e9e\u5927\u5b78\u7d93\u6fdf\u5b78\u5b78\u58eb\u3001\u5de5\u5546\u7ba1\u7406\u78a9\u58eb\u3001\u6cd5\u5b78\u535a\u58eb<\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u73fe\u4efb\uff1a<\/strong>\u559c\u99ac\u62c9\u96c5\u8cc7\u672c\u5275\u8fa6\u4eba\u517c\u8463\u4e8b\u9577<\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u7e3e\u6548\uff1a<\/strong>\u81ea1998\u81f32017\u5e74\uff0c\u57fa\u91d1\u8907\u5408\u5e74\u5316\u5831\u916c\u738719.6%\uff0c\u540c\u671fS&amp;P500\u6307\u6578\u53ea\u67096.5%<\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u8457\u4f5c\uff1a<\/strong>\u81ea\u50b3\u300a\u79fb\u5c71\u300b\u3001\u300a\u6587\u660e\u3001\u73fe\u4ee3\u5316\u3001\u50f9\u503c\u6295\u8cc7\u8207\u4e2d\u570b\u300b<\/span><\/li>\n<li><span style=\"font-size: 16px;\"><strong>\u5916\u865f\uff1a<\/strong>\u4e2d\u570b\u5df4\u83f2\u7279<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone wp-image-39702\" src=/index.html"https:\/\/\/wp-content\/uploads\/20220721143905_54.jpg\" alt=\"\u674e\u797f\u7167\u7247\" width=\"524\" height=\"413\" \/><\/p>\n<p><strong>\u6210\u9577\u80cc\u666f\uff1a\u51fa\u751f\u65bc\u6587\u5316\u5927\u9769\u547d\u6642\u671f\uff0c\u53c3\u8207\u516d\u56db\u904b\u52d5\u88ab\u901a\u7ddd\u9003\u5230\u7f8e\u570b\uff0c\u5728\u54e5\u502b\u6bd4\u4e9e\u5927\u5b78\u62ff\u5230\u4e09\u500b\u5b78\u4f4d<\/strong><\/p>\n<p>1966\u5e74\uff0c\u674e\u797f\u51fa\u751f\u65bc\u6cb3\u5317\u7701\u5510\u5c71\u5e02\uff0c\u90a3\u4e00\u5e74\u6b63\u597d\u662f\u6587\u5316\u5927\u9769\u547d\u7684\u958b\u59cb\uff0c\u65bc\u662f\u4ed6\u7684\u7236\u6bcd\u90fd\u88ab\u9001\u5f80\u300c\u52de\u6539\u300d\uff0c\u4ed6\u88ab\u5bc4\u990a\u5728\u4e00\u500b\u7926\u5de5\u7684\u5bb6\u5ead\uff0c\u4e00\u76f4\u5230\u4ed610\u6b72\u624d\u8207\u7236\u6bcd\u5718\u805a\u3002<\/p>\n<p>1976\u5e74\uff0c\u4e5f\u662f\u674e\u797f\u5927\u7d0410\u6b72\u7684\u6642\u5019\uff0c\u5510\u5c71\u767c\u751f\u5927\u5730\u9707\uff0c\u9020\u621024\u842c\u591a\u4eba\u6b7b\u4ea1\uff0c\u4e0d\u904e\u674e\u797f\u548c\u4ed6\u7684\u5bb6\u4eba\u5016\u5b58\u4e86\u4e0b\u4f86\u3002<\/p>\n<p>1985\u5e74\uff0c\u4ed6\u8003\u4e0a\u5357\u4eac\u5927\u5b78\uff0c\u4e00\u958b\u59cb\u4e3b\u4fee\u7269\u7406\u5b78\uff0c\u5f8c\u4f86\u8f49\u653b\u7d93\u6fdf\u5b78\u3002<\/p>\n<p>1989\u5e74\uff0c\u4ed6\u5230\u5317\u4eac\u5929\u5b89\u9580\u53c3\u52a0\u5b78\u751f\u904b\u52d5\uff0c\u516d\u56db\u5929\u5b89\u9580\u4e8b\u4ef6\u7206\u767c\u5f8c\uff0c\u4ed6\u56e0\u6c11\u904b\u9818\u8896\u8eab\u4efd\u53d7\u5230\u5317\u4eac\u516c\u5b89\u5c40\u901a\u7ddd\uff0c\u65bc\u662f\u79d8\u5bc6\u9003\u5f80\u6cd5\u570b\uff0c\u6700\u5f8c\u9003\u5230\u7f8e\u570b\u3002\u62b5\u9054\u7f8e\u570b\u5f8c\uff0c\u4ed6\u5728\u54e5\u502b\u6bd4\u4e9e\u5927\u5b78\u767c\u8868\u4e86\u95dc\u65bc\u516d\u56db\u4e8b\u4ef6\u7684\u6f14\u8b1b\u3002<\/p>\n<p>1993\u5e74\uff0c\u4ed6\u5728\u54e5\u502b\u6bd4\u4e9e\u5927\u5b78\u807d\u4e86\u5df4\u83f2\u7279\u7684\u6f14\u8b1b\uff0c\u5c0d\u4ed6\u6709\u5f88\u5927\u7684\u555f\u767c\uff0c<a href=/index.html"https:\/\/\/what-is-value-investing\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u50f9\u503c\u6295\u8cc7<\/a>\u4e5f\u6df1\u6df1\u7684\u5f71\u97ff\u4ed6\uff0c\u5f9e\u90a3\u6642\u958b\u59cb\uff0c\u4ed6\u4fbf\u958b\u59cb\u5c0b\u627e\u80a1\u50f9\u9060\u4f4e\u65bc\u8cc7\u7522\u6de8\u503c\u7684\u80a1\u7968\uff0c\u80a1\u5e02\u4e5f\u5e36\u7d66\u4ed6\u76f8\u7576\u4e0d\u932f\u7684\u5831\u916c\u3002<\/p>\n<p>1996\u5e74\uff0c\u4ed6\u5728\u54e5\u502b\u6bd4\u4e9e\u5927\u5b78\u5b8c\u6210\u5b78\u4f4d\uff0c\u662f\u54e5\u502b\u6bd4\u4e9e\u5927\u5b78\u53f2\u4e0a\u7b2c\u4e00\u4f4d\u540c\u6642\u7372\u5f97\u4e09\u500b\u5b78\u4f4d\u7684\u5b78\u751f\uff0c\u62ff\u5230\u7d93\u6fdf\u5b78\u5b78\u58eb\u3001\u5de5\u5546\u7ba1\u7406\u78a9\u58eb\u53ca\u6cd5\u5b78\u535a\u58eb\u5b78\u4f4d\u3002<\/p>\n<p><strong>\u8077\u696d\u751f\u6daf\uff1a\u5275\u7acb\u559c\u99ac\u62c9\u96c5\u907f\u96aa\u57fa\u91d1\uff0c\u4e26\u6210\u70ba\u67e5\u7406<\/strong><strong>\u2027<\/strong><strong>\u8499\u683c\u6700\u4fe1\u4efb\u7684\u7d93\u7406\u4eba<\/strong><\/p>\n<p>1996\u5e74\uff0c\u674e\u797f\u5f9e\u54e5\u502b\u6bd4\u4e9e\u5927\u5b78\u7562\u696d\u5f8c\uff0c\u5148\u5728\u4e00\u5bb6\u6295\u8cc7\u9280\u884c\u4e0a\u73ed\uff0c\u4f46\u4e0d\u4e45\u5f8c\u5c31\u96e2\u958b\u81ea\u884c\u5275\u696d\u3002<\/p>\n<p>1997\u5e74\uff0c\u4ed6\u6210\u7acb\u559c\u99ac\u62c9\u96c5\u8cc7\u672c(Himalaya Capital)\u907f\u96aa\u57fa\u91d1\uff0c\u64d4\u4efb\u57fa\u91d1\u7d93\u7406\u4eba\uff0c\u4f46\u90a3\u4e00\u5e74\u4ed6\u525b\u597d\u9047\u5230\u4e9e\u6d32\u91d1\u878d\u98a8\u66b4\uff0c\u5e33\u9762\u8667\u640d\u4e8619%\uff0c\u4f7f\u5f97\u516c\u53f8\u6700\u5927\u7684\u6295\u8cc7\u8005\u5728\u7b2c\u4e8c\u5e74\u5c31\u64a4\u8cc7\u3002<\/p>\n<p>\u66fe\u7d93\u6709\u4e00\u6bb5\u6642\u9593\uff0c\u57fa\u91d1\u7684\u6295\u8cc7\u4eba\u5e0c\u671b\u80fd\u964d\u4f4e\u57fa\u91d1\u7684\u6ce2\u52d5\u5ea6\uff0c\u674e\u797f\u70ba\u4e86\u8fce\u5408\u9019\u500b\u9700\u6c42\uff0c\u983b\u7e41\u5730\u505a\u7a7a\uff0c\u4f46\u662f\u9019\u8207\u4ed6\u4fe1\u4ef0\u7684\u50f9\u503c\u6295\u8cc7\u76f8\u9055\u80cc\uff0c\u4f7f\u4ed6\u75db\u82e6\u4e0d\u5df2\u3002\u4e0d\u904e\u5f8c\u4f86\uff0c\u4ed6\u505a\u51fa\u7684\u5e7e\u500b\u91cd\u5927\u7684\u6295\u8cc7\u6c7a\u5b9a\u5e6b\u4ed6\u5e36\u4f86\u4e86\u8c50\u539a\u7684\u5831\u916c\u3002<\/p>\n<p>2002\u5e74\uff0c\u9996\u6b21\u6295\u8cc7\u6bd4\u4e9e\u8fea\uff0c\u4e26\u9023\u7e8c\u591a\u5e74\u589e\u52a0\u6301\u80a1\uff0c\u9019\u9805\u6295\u8cc7\u70ba\u4ed6\u500b\u4eba\u53ca\u516c\u53f8\u5e36\u4f86\u4e86\u8c50\u539a\u7684\u5831\u916c\uff0c\u4e5f\u662f\u4ed6\u57fa\u91d1\u7372\u5229\u7684\u4e3b\u8981\u4f86\u6e90\u3002<\/p>\n<p>2003\u5e74\uff0c\u4ed6\u8a8d\u8b58\u4e86<a href=/index.html"https:\/\/\/charlie-munger-guru\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u67e5\u7406\u2027\u8499\u683c<\/a>\uff0c\u5169\u4eba\u76f8\u8ac7\u751a\u6b61\uff0c\u674e\u797f\u628a\u4ed6\u66fe\u7814\u7a76\u904e\u7684\u516c\u53f8\u90fd\u544a\u8a34\u8499\u683c\uff0c\u800c\u8499\u683c\u4e5f\u9010\u4e00\u56de\u994b\u4ed6\u7684\u610f\u898b\u3002\u6b64\u5916\uff0c\u674e\u797f\u628a\u4ed6\u7ba1\u7406\u57fa\u91d1\u9047\u5230\u7684\u96e3\u984c\u544a\u8a34\u8499\u683c\uff0c\u8499\u683c\u544a\u8a34\u4ed6\u8aaa\uff0c\u9019\u500b\u96e3\u984c\u4e5f\u662f\u6574\u500b\u83ef\u723e\u8857\u6703\u9047\u5230\u7684\u56f0\u5883\uff0c\u4e26\u5efa\u8b70\u4ed6\u653e\u68c4\u9019\u7a2e\u4ea4\u6613\u6a21\u5f0f\u3002<\/p>\n<p>\u5f8c\u4f86\uff0c\u674e\u797f\u9075\u5faa\u5df4\u83f2\u7279\u53ca\u8499\u683c\u7684\u50f9\u503c\u6295\u8cc7\u6cd5\uff0c\u5c07\u57fa\u91d1\u8f49\u70ba\u9577\u671f\u6295\u8cc7\uff0c\u4e0d\u4f46\u70ba\u4ed6\u5e36\u4f86\u826f\u597d\u7684\u7e3e\u6548\uff0c\u4e26\u6210\u70ba\u8499\u683c\u6700\u4fe1\u4efb\u7684\u57fa\u91d1\u7d93\u7406\u4eba\uff0c\u628a\u5bb6\u65cf\u7684\u8cc7\u7522\u90fd\u4ea4\u7531\u4ed6\u7ba1\u7406\u3002\u8499\u683c\u57282019\u5e74Daily Journal Corporation\u5e74\u6703\u4e2d\u66fe\u63d0\u53ca\uff1a\u300c\u6211\u4eca\u5e7495\u6b72\uff0c\u5728\u901995\u5e74\u4e2d\uff0c\u6211\u53ea\u6709\u4e00\u6b21\u5c07\u8499\u683c\u5bb6\u7684\u8ca1\u7522\u4ea4\u7d66\u4e00\u500b\u5916\u4eba\u7ba1\u7406\uff0c\u90a3\u500b\u4eba\u5c31\u662f\u674e\u797f\u3002\u300d<\/p>\n<p>\u8499\u683c\u7684\u77e5\u540d\u8457\u4f5c\u300a<a href=/index.html"https:\/\/www.books.com.tw\/exep\/assp.php\/chiay0327\/products\/0010817729?utm_source=chiay0327&amp;utm_medium=ap-books&amp;utm_content=recommend&amp;utm_campaign=ap-201904\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\">\u7aae\u67e5\u7406\u7684\u666e\u901a\u5e38\u8b58<\/a>\u300b\u4e2d\u6587\u7248\u5c31\u662f\u674e\u797f\u7ffb\u8b6f\u7684\u3002<\/p>\n<p>2008\u5e74\uff0c\u674e\u797f\u4ecb\u7d39\u80a1\u795e\u5df4\u83f2\u7279\u6295\u8cc7\u4e2d\u570b\u7684\u96fb\u52d5\u8eca\u516c\u53f8\u6bd4\u4e9e\u8fea\uff0c\u5df4\u83f2\u7279\u7576\u6642\u4ee5\u6bcf\u80a18\u6e2f\u5143\u8cb7\u516510%\u7684\u6bd4\u4e9e\u8fea\u80a1\u6b0a\uff0c\u81f3\u4eca\u6536\u76ca\u5df2\u8d85\u904e30\u500d\u3002<\/p>\n<p>2010\u5e74\uff0c\u674e\u797f\u966a\u540c\u5df4\u83f2\u7279\u5230\u6df1\u5733\u53c3\u52a0\u6bd4\u4e9e\u8fea\u516c\u53f8\u8209\u8fa6\u7684\u6d3b\u52d5\uff0c\u9019\u662f\u53f2\u4e0a\u7b2c\u4e00\u6b21\u88ab\u901a\u7ddd\u7684\u6c11\u904b\u9818\u8896\u516c\u958b\u56de\u5230\u4e2d\u570b\u7684\u571f\u5730\u4e0a\u3002<\/p>\n<p>\u559c\u99ac\u62c9\u96c5\u8cc7\u672c\u4e3b\u8981\u6295\u8cc7\u7f8e\u570b\u53ca\u4e9e\u6d32(\u7279\u5225\u662f\u4e2d\u570b)\u4e0a\u5e02\u7684\u516c\u53f8\uff0c<br \/>\n\u6839\u64damastersinest.com\u7684\u6578\u64da\uff0c\u674e\u797f\u7684\u57fa\u91d1\u5f9e1998\u5e74\u81f32017\u5e74\u768420\u5e74\u9593\uff0c\u8907\u5408\u5e74\u5316\u5831\u916c\u7387\u70ba19.6%\uff0c\u540c\u671fS&amp;P500\u6307\u6578\u53ea\u67096.5%\u3002<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E6%9D%8E%E7%A5%BF%E7%9A%84%E6%8A%95%E8%B3%87%E5%93%B2%E5%AD%B8\"><\/span>\u674e\u797f\u7684\u6295\u8cc7\u54f2\u5b78<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>\u9075\u5faa\u5df4\u83f2\u7279\u7684\u50f9\u503c\u6295\u8cc7\u539f\u5247\uff0c\u9577\u671f\u6301\u6709\u5177\u986f\u8457\u7d93\u6fdf\u8b77\u57ce\u6cb3\u53ca\u6210\u9577\u6f5b\u529b\u7684\u516c\u53f8<\/strong><\/p>\n<p>\u674e\u797f\u7684\u6295\u8cc7\u54f2\u5b78\u79c9\u6301\u4e86\u73ed\u5091\u660e.\u845b\u62c9\u6f22\u548c\u5df4\u83f2\u7279\u53ca\u8499\u683c\u7684<a href=/index.html"https:\/\/\/what-is-value-investing\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u50f9\u503c\u6295\u8cc7<\/a>\u539f\u5247\uff0c\u5176\u76ee\u6a19\u662f\u900f\u904e\u9577\u671f\u6301\u6709\u90a3\u4e9b\u5177\u6709\u986f\u8457<a href=/index.html"https:\/\/\/how-business-wealth-01\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u7d93\u6fdf\u8b77\u57ce\u6cb3<\/a>\u4e26\u6709\u7528\u5de8\u5927\u6210\u9577\u6f5b\u529b\u7684\u516c\u53f8\uff0c\u900f\u904e\u512a\u8cea\u7684\u5718\u968a\u7d93\u71df\uff0c\u9032\u800c\u7372\u5f97\u8c50\u539a\u7684\u56de\u5831\u3002<\/p>\n<p>\u5728\u559c\u99ac\u62c9\u96c5\u8cc7\u672c\u7684\u5b98\u7db2\u4e0a\uff0c\u5176\u6295\u8cc7\u539f\u5247\u5c31\u6e05\u695a\u7684\u5beb\u8457\uff1a<strong>\u300c\u6211\u5011\u628a\u81ea\u5df1\u8996\u70ba\u4f01\u696d\u7684\u6240\u6709\u4eba\u3002\u300d<\/strong><\/p>\n<p>\u5728\u674e\u797f\u7684\u516c\u958b\u6f14\u8b1b\u4e2d\u4ed6\u66fe\u7d93\u8aaa\uff1a\u300c\u6211\u5728\u8cb7\u5165\u7684\u6642\u5019\u5c0d\u50f9\u683c\u548c\u50f9\u503c\u4e4b\u9593\u7684\u95dc\u4fc2\u6bd4\u8f03\u82db\u523b\uff0c\u6240\u4ee5\u4e00\u822c\u6703\u8981\u6c42\u4e00\u500b\u6bd4\u8f03\u9ad8\u7684<a href=/index.html"https:\/\/\/margin-of-safety-investing\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u5b89\u5168\u908a\u969b<\/a>\uff0c\u4e5f\u5c31\u662f\u8aaa\u6211\u5e0c\u671b\u4ee5\u5c0d\u65bc\u50f9\u503c\u4f86\u8aaa\u6709\u4e00\u500b\u6bd4\u8f03\u5927\u7684\u6298\u8b93\u7684\u50f9\u683c\u8cb7\u5165\u3002\u300d<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E6%9D%8E%E7%A5%BF%E7%9A%84%E6%8C%81%E8%82%A1%E5%8F%8A%E7%B8%BE%E6%95%88\"><\/span>\u674e\u797f\u7684\u6301\u80a1\u53ca\u7e3e\u6548<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>\u6301\u80a1\u96c6\u4e2d\u5728\u5c11\u6578\u516c\u53f8\u4e26\u9577\u671f\u6301\u6709\uff0c1998\u5e74\u8d7720\u5e74\u7684\u8907\u5408\u5e74\u5316\u5831\u916c\u738719.6%\uff0c\u9060\u52dd\u5927\u76e4<\/strong><\/p>\n<p>\u674e\u797f\u65d7\u4e0b\u57fa\u91d1\u7684\u6295\u8cc7\u7e3e\u6548\u4e26\u6c92\u6709\u516c\u958b\u7684\u6578\u64da\u53ef\u4ee5\u67e5\u8a62\uff0c\u4f46\u662f\u5f9egurufocus\u7db2\u7ad9\u4e0a\uff0c\u53ef\u4ee5\u67e5\u5230\u559c\u99ac\u62c9\u96c5\u8cc7\u672c\u81ea2016\u5e74\u4ee5\u4f86\u7684\u6301\u5009\u8cc7\u6599(SEC\u6709\u516c\u958b\u7684\u8cc7\u6599)\u3002<\/p>\n<p>\u559c\u99ac\u62c9\u96c5\u8cc7\u672c\u5728\u7f8e\u80a1\u7684\u6301\u5009\u6578\u9577\u5e74\u4ee5\u4f86\u90fd\u4e0d\u591a\uff0c\u6700\u9ad8\u53ea\u540c\u6642\u6301\u67097\u652f\u80a1\u7968\uff0c\u6301\u80a1\u76f8\u7576\u96c6\u4e2d\u3002\u622a\u81f32022\/3\/31\u6b62\uff0c\u5176\u6301\u5009\u6578\u53ea\u67096\u652f\u80a1\u7968\uff0c\u5982\u4e0b\u8868\u3002<\/p>\n<p><strong>\u559c\u99ac\u62c9\u96c5\u8cc7\u672c\u5728\u7f8e\u80a1\u7684\u6301\u5009\u6578<\/strong><\/p>\n<table dir=\"ltr\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/><\/colgroup>\n<tbody>\n<tr>\n<td colspan=\"6\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u559c\u99ac\u62c9\u96c5\u8cc7\u672c\u5728\u7f8e\u80a1\u7684\u6301\u5009\u6578&quot;}\">\n<h3 style=\"text-align: center;\"><strong>\u559c\u99ac\u62c9\u96c5\u8cc7\u672c\u5728\u7f8e\u80a1\u7684\u6301\u5009\u6578<\/strong><\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u80a1\u7968\u4ee3\u865f&quot;}\"><strong>\u80a1\u7968\u4ee3\u865f<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u516c\u53f8\u540d\u7a31&quot;}\"><strong>\u516c\u53f8\u540d\u7a31<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u884c\u696d\u5225&quot;}\"><strong>\u884c\u696d\u5225<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6301\u80a1\u6578&quot;}\"><strong>\u6301\u80a1\u6578<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u50f9\u503c($)&quot;}\"><strong>\u50f9\u503c($)<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6bd4\u91cd&quot;}\"><strong>\u6bd4\u91cd<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;MU&quot;}\">MU<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u7f8e\u5149&quot;}\">\u7f8e\u5149<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u534a\u5c0e\u9ad4&quot;}\">\u534a\u5c0e\u9ad4<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:11476523}\" data-sheets-numberformat=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;#,##0&quot;,&quot;3&quot;:1}\">11,476,523<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;8.94\u5104&quot;}\">8.94\u5104<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.3757}\" data-sheets-numberformat=\"{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}\">37.57%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;BAC&quot;}\">BAC<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u7f8e\u570b\u9280\u884c&quot;}\">\u7f8e\u570b\u9280\u884c<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u91d1\u878d&quot;}\">\u91d1\u878d<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:14586987}\" data-sheets-numberformat=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;#,##0&quot;,&quot;3&quot;:1}\">14,586,987<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;6.01\u5104&quot;}\">6.01\u5104<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.2527}\" data-sheets-numberformat=\"{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}\">25.27%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;BRK.B&quot;}\">BRK.B<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6ce2\u514b\u590f&quot;}\">\u6ce2\u514b\u590f<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u591a\u5143\u5316\u6295\u8cc7&quot;}\">\u591a\u5143\u5316\u6295\u8cc7<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:897749}\" data-sheets-numberformat=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;#,##0&quot;,&quot;3&quot;:1}\">897,749<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;3.17\u5104&quot;}\">3.17\u5104<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.1332}\" data-sheets-numberformat=\"{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}\">13.32%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;GOOG&quot;}\">GOOG<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u8c37\u6b4c&quot;}\">\u8c37\u6b4c<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u7db2\u8def\u79d1\u6280&quot;}\">\u7db2\u8def\u79d1\u6280<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:85900}\" data-sheets-numberformat=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;#,##0&quot;,&quot;3&quot;:1}\">85,900<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;2.40\u5104&quot;}\">2.40\u5104<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.1008}\" data-sheets-numberformat=\"{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}\">10.08%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;META&quot;}\">META<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u81c9\u66f8(\u820a\u540d)&quot;}\">\u81c9\u66f8(\u820a\u540d)<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u7db2\u8def\u79d1\u6280&quot;}\">\u7db2\u8def\u79d1\u6280<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:876200}\" data-sheets-numberformat=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;#,##0&quot;,&quot;3&quot;:1}\">876,200<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;1.95\u5104&quot;}\">1.95\u5104<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.0819}\" data-sheets-numberformat=\"{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}\">8.19%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;AAPL&quot;}\">AAPL<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u860b\u679c&quot;}\">\u860b\u679c<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u6d88\u8cbb\u6027\u96fb\u5b50&quot;}\">\u6d88\u8cbb\u6027\u96fb\u5b50<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:759600}\" data-sheets-numberformat=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;#,##0&quot;,&quot;3&quot;:1}\">759,600<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;1.33\u5104&quot;}\">1.33\u5104<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.0557}\" data-sheets-numberformat=\"{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}\">5.57%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;\" colspan=\"6\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u8cc7\u6599\u4f86\u6e90\uff1agurufocus, 2022\/3\/31\u8ca1\u5831 \u6574\u7406\uff1a\u5e02\u5834\u5148\u751f&quot;}\"><span style=\"font-size: 14px;\">\u8cc7\u6599\u4f86\u6e90\uff1agurufocus, 2022\/3\/31\u8ca1\u5831 \u6574\u7406\uff1a<a class=\"waffle-rich-text-link\" href=/index.html"https:\/\/\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">Mr.Market \u5e02\u5834\u5148\u751f<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u622a\u81f32022\/3\/31\u6b62\uff0c\u674e\u797f\u7684\u57fa\u91d1\u6301\u5009\u7e3d\u50f9\u503c\u70ba23.79\u5104\u7f8e\u5143\u3002(\u6b64\u70baSEC\u6709\u516c\u958b\u7684\u6578\u5b57)<\/p>\n<p>\u6839\u64damastersinest.com\u7684\u6578\u64da\uff0c\u674e\u797f\u7684\u57fa\u91d1\u5f9e1998\u5e74\u81f32017\u5e74\u768420\u5e74\u9593\uff0c\u8907\u5408\u5e74\u5316\u5831\u916c\u7387\u70ba19.6%\uff0c\u540c\u671fS&amp;P500\u6307\u6578\u53ea\u67096.5%\u3002<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-39704\" src=/index.html"https:\/\/\/wp-content\/uploads\/20220721144316_88.jpg\" alt=\"2017\u4ee5\u4f86\u674e\u797f\u65bc\u7f8e\u80a1\u7684\u6301\u5009\u91d1\u984d\u8b8a\u5316\" width=\"960\" height=\"502\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E6%9D%8E%E7%A5%BF%E6%9C%80%E8%91%97%E5%90%8D%E7%9A%84%E4%B8%80%E5%BD%B9%EF%BC%9A%E6%8A%95%E8%B3%87%E6%AF%94%E4%BA%9E%E8%BF%AABYD\"><\/span>\u674e\u797f\u6700\u8457\u540d\u7684\u4e00\u5f79\uff1a\u6295\u8cc7\u6bd4\u4e9e\u8fea(BYD)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u674e\u797f\u5728\u6295\u8cc7\u751f\u6daf\u4e2d\u6700\u8457\u540d\u7684\u4e00\u5f79\u5c31\u662f\u6295\u8cc7\u4e2d\u570b\u7684\u96fb\u52d5\u8eca\u516c\u53f8\u6bd4\u4e9e\u8fea\u3002<\/p>\n<p>\u6bd4\u4e9e\u8fea\u6210\u7acb\u65bc1995\u5e74\uff0c\u7e3d\u90e8\u4f4d\u65bc\u6df1\u5733\uff0c\u76ee\u524d\u662f\u4e2d\u570b\u6700\u5927\u7684\u65b0\u80fd\u6e90\u6c7d\u8eca\u88fd\u9020\u5546\u53ca\u624b\u6a5f\u4ee3\u5de5\u5ee0\u4e4b\u4e00\u3002<br \/>\n\u674e\u797f\u65e9\u57282002\u5e74\u90a3\u500b\u96fb\u52d5\u8eca\u9084\u4e0d\u767c\u9054\u7684\u5e74\u4ee3\u5c31\u770b\u4e0a\u6bd4\u4e9e\u8fea\uff0c\u4e26\u4e14\u6301\u7e8c\u589e\u52a0\u6295\u8cc7\uff0c\u9084\u57282008\u5e74\u5f15\u85a6\u5df4\u83f2\u7279\u6295\u8cc7\uff0c\u80a1\u795e\u4ee5\u6bcf\u80a18\u6e2f\u5143\u8cb7\u516510%\u7684\u80a1\u6b0a\uff0c\u6210\u70ba\u6bd4\u4e9e\u8fea\u7b2c\u4e00\u5927\u5916\u8cc7\u80a1\u6771\uff0c\u9019\u9805\u6295\u8cc7\u65a5\u8cc718\u5104\u6e2f\u5143\uff0c\u81f3\u4eca\u6536\u76ca\u5df2\u8d85\u904e30\u500d\u3002<\/p>\n<p>\u6bd4\u4e9e\u8fea\u57282011\u5e74\u4e0a\u5e02\uff0c\u80a1\u50f9\u4e00\u8def\u6500\u5347\uff0c\u81f32022\u5e746\u670810\u65e5\u6b62\uff0c\u80a1\u50f9\u5df2\u9054344.33\u4eba\u6c11\u5e63\uff0c\u5275\u6b77\u53f2\u65b0\u9ad8\uff0c\u4e14A\u80a1\u5e02\u503c\u9996\u5ea6\u7a81\u7834\u4e00\u5146\u5143\u5927\u95dc\u3002<\/p>\n<p>\u6839\u64da\u6bd4\u4e9e\u8fea2020\u5e74\u5831\uff0c\u674e\u797f\u662f\u7e7c\u5df4\u83f2\u7279\u5f8c\uff0c\u7b2c\u4e8c\u5927H\u80a1\u80a1\u6771\uff0c\u53ef\u898b\u9019\u9805\u6295\u8cc7\u70ba\u4ed6\u5e36\u4f86\u4e86\u8c50\u539a\u7684\u5831\u916c\u3002<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-39705\" src=/index.html"https:\/\/\/wp-content\/uploads\/20220721144426_82.jpg\" alt=\"\u6bd4\u4e9e\u8fea\u81ea2011\u5e74\u4e0a\u5e02\u4ee5\u4f86\uff0c\u80a1\u50f9\u5df2\u4e0a\u6f3210\u5e7e\u500d\" width=\"960\" height=\"502\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E6%9D%8E%E7%A5%BF%E7%9A%84%E5%A4%B1%E6%95%97%E7%B6%93%E9%A9%97%EF%BC%9A%E6%8A%95%E8%B3%87%E6%8B%BC%E5%A4%9A%E5%A4%9APDD\"><\/span>\u674e\u797f\u7684\u5931\u6557\u7d93\u9a57\uff1a\u6295\u8cc7\u62fc\u591a\u591a(PDD)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u674e\u797f\u7684\u6295\u8cc7\u91cd\u5fc3\u5728\u65bc\u7f8e\u570b\u53ca\u4e2d\u570b\uff0c\u96d6\u7136\u6bd4\u4e9e\u8fea\u70ba\u4ed6\u5e36\u4f86\u53ef\u89c0\u7684\u5831\u916c\uff0c\u4f46\u662f\u4ed6\u4e5f\u6709\u8dcc\u8de4\u7684\u6642\u5019\u3002<\/p>\n<p>2020\u5e74 Q4\uff0c\u674e\u797f\u5728\u4e2d\u6982\u79d1\u6280\u80a1\u8d77\u98db\u7684\u6642\u5019\u5927\u8209\u8cb7\u5165\u7db2\u8def\u79d1\u6280\u516c\u53f8\u62fc\u591a\u591a(PDD)\uff0c\u7136\u800c\u5f8c\u7e8c\u7531\u65bc\u4e2d\u7f8e\u5169\u570b\u7dca\u5f35\u7684\u95dc\u4fc2\u53ca\u76e3\u7ba1\u653f\u7b56\u7684\u4e0d\u660e\u6717\uff0c\u62fc\u591a\u591a\u80a1\u50f9\u5f9e\u9ad8\u9ede\u4e00\u8def\u4e0b\u6ed1\u4e8680%\uff0c\u800c\u674e\u797f\u7684\u57fa\u91d1\u4e5f\u9078\u64c7\u57282021\u5e74Q4\u505c\u640d\uff0c\u5168\u6578\u51fa\u6e05\u62fc\u591a\u591a\u7684\u80a1\u7968\uff0c\u640d\u5931\u8d85\u904e3200\u842c\u7f8e\u5143\u3002<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-39706\" src=/index.html"https:\/\/\/wp-content\/uploads\/20220721144512_3.jpg\" alt=\"\u674e\u797f\u6295\u8cc7\u62fc\u591a\u591a\u4e00\u5e74\u671f\u9593\u8667\u640d\u8d85\u904e3,200\u842c\u7f8e\u5143\" width=\"960\" height=\"502\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E5%BF%AB%E9%80%9F%E9%87%8D%E9%BB%9E%E6%95%B4%E7%90%86%EF%BC%9A%E6%9D%8E%E7%A5%BF%E5%83%B9%E5%80%BC%E6%8A%95%E8%B3%87%E7%90%86%E5%BF%B5%E7%B5%A6%E6%88%91%E5%80%91%E7%9A%84%E5%95%9F%E7%99%BC\"><\/span>\u5feb\u901f\u91cd\u9ede\u6574\u7406\uff1a\u674e\u797f\u50f9\u503c\u6295\u8cc7\u7406\u5ff5\u7d66\u6211\u5011\u7684\u555f\u767c<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u674e\u797f\u6df1\u53d7\u845b\u62c9\u6f22\u548c\u5df4\u83f2\u7279\u7684<a href=/index.html"https:\/\/\/what-is-value-investing\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u50f9\u503c\u6295\u8cc7<\/a>\u7406\u8ad6\u5f71\u97ff\uff0c\u662f\u4f4d\u50f9\u503c\u6295\u8cc7\u7684\u5be6\u8e10\u8005\u3002<\/p>\n<p>\u5f9e\u4ed6\u516c\u53f8\u5b98\u7db2\u4e0a\u6240\u5beb\u5230\u7684\u4f01\u696d\u6587\u5316\u300c\u8aa0\u5be6\u3001\u53ef\u9760\u3001\u6b63\u6d3e\u3001\u9032\u53d6\u3001\u4fdd\u5bc6\u3001\u5fe0\u8aa0\u300d\uff0c\u53ef\u4ee5\u770b\u51fa\u5176\u91cd\u8996\u4eba\u54c1\u66f4\u52dd\u65bc\u6295\u8cc7\u80fd\u529b\uff0c\u9019\u4e5f\u5c31\u662f\u70ba\u4ec0\u9ebc\u4ed6\u80fd\u6210\u70ba\u8499\u683c\u6700\u4fe1\u4efb\u7684\u7d93\u7406\u4eba\uff0c\u800c\u8499\u683c\u591a\u6b21\u8868\u793a\u5c0d\u4e2d\u570b\u5e02\u5834\u7684\u770b\u597d\uff0c\u6216\u591a\u6216\u5c11\u53ef\u80fd\u4e5f\u662f\u53d7\u5230\u4e86\u674e\u797f\u7684\u5f71\u97ff\u3002<\/p>\n<p>\u674e\u797f\u88ab\u8b7d\u70ba\u300c\u4e2d\u570b\u6700\u61c2\u50f9\u503c\u6295\u8cc7\u7684\u4eba\u300d\uff0c\u6240\u4ee5\u5982\u679c\u60f3\u8981\u66f4\u6df1\u5165\u4e86\u89e3\u4e2d\u570b\u5e02\u5834\u53ca\u50f9\u503c\u6295\u8cc7\uff0c\u4e0d\u59a8\u53ef\u4ee5\u95b1\u8b80\u4ed6\u7684\u8457\u4f5c\u3002<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E6%9D%8E%E7%A5%BF%E5%8F%83%E8%80%83%E6%9B%B8%E7%B1%8D\"><\/span>\u674e\u797f\u53c3\u8003\u66f8\u7c4d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=/index.html"https:\/\/www.amazon.com\/Moving-mountain-cultural-revolution-Tiananmen\/dp\/0333539109\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\">\u300a\u79fb\u5c71\u300b<\/a>\u6b64\u66f8\u70ba\u674e\u797f\u81ea\u50b3\uff0c\u6558\u8ff0\u4ed6\u5728\u4e2d\u570b\u7684\u751f\u6d3b\u3002<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-39707\" src=/index.html"https:\/\/\/wp-content\/uploads\/20220721144623_73.jpg\" alt=\"\u79fb\u5c71\" width=\"387\" height=\"220\" \/><\/p>\n<p><a href=/index.html"https:\/\/www.books.com.tw\/exep\/assp.php\/chiay0327\/products\/0010874449?utm_source=chiay0327&amp;utm_medium=ap-books&amp;utm_content=recommend&amp;utm_campaign=ap-202207\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\">\u300a\u6587\u660e\u3001\u73fe\u4ee3\u5316\u3001\u50f9\u503c\u6295\u8cc7\u8207\u4e2d\u570b\u300b<\/a><\/p>\n<p><a href=/index.html"https:\/\/www.books.com.tw\/exep\/assp.php\/chiay0327\/products\/0010874449?utm_source=chiay0327&amp;utm_medium=ap-books&amp;utm_content=recommend&amp;utm_campaign=ap-202207\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\"><img decoding=\"async\" class=\"alignnone size-full wp-image-39708\" src=/index.html"https:\/\/\/wp-content\/uploads\/20220721144714_92.jpg\" alt=\"\u6587\u660e\u73fe\u4ee3\u5316\u50f9\u503c\u6295\u8cc7\u8207\u4e2d\u570b\" width=\"242\" height=\"312\" \/><\/a><\/p>\n\n<p><strong>\u66f4\u591a\u6295\u8cc7\u5165\u9580\u5ef6\u4f38\u95b1\u8b80\uff1a<\/strong><\/p>\n<p>1. <a href=/index.html"https:\/\/\/what-is-value-investing\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener noreferrer\">\u50f9\u503c\u6295\u8cc7\u5165\u9580\u6559\u5b78\u61f6\u4eba\u5305<\/a><\/p>\n<p>2. <a href=/index.html"https:\/\/\/blog-page\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u8d85\u904e100\u7bc7\u65b0\u624b\u5165\u9580\u6587\u7ae0\u5206\u4eab<\/a><\/p>\n<p>3. <a href=/index.html"https:\/\/\/blog-page_30\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u63a8\u85a6\u8d85\u904e40\u672c\u6295\u8cc7\u597d\u66f8<\/a><\/p>\n<p>4. <a href=/index.html"https:\/\/\/us-stocks-broker-choose\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u7f8e\u80a1\u958b\u6236\u300b\u63a8\u85a6\u5238\u5546\u6bd4\u8f03<\/a><\/p>\n<p>5. <a href=/index.html"https:\/\/\/jisun-account-588\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u80a1\u7968\u958b\u6236\u300b\u63a8\u85a6\u7684\u958b\u6236\u5238\u5546<\/a><\/p>\n<p>6. <a href=/index.html"https:\/\/\/fund-cnyes-mrmarket\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-wpel-link=\"internal\">\u57fa\u91d1\u958b\u6236\u300b\u96f6\u624b\u7e8c\u8cbb\u958b\u6236\u512a\u60e0<\/a><\/p>\n<blockquote><p>\u672c\u6587\u63d0\u5230\u6295\u8cc7\u6a19\u7684\u5747\u70ba\u6559\u5b78\u4f7f\u7528\uff0c\u7121\u4efb\u4f55\u6295\u8cc7\u63a8\u85a6\u4e4b\u610f\uff0c\u6295\u8cc7\u4e00\u5b9a\u6709\u98a8\u96aa\uff0c\u6295\u8cc7\u524d\u52d9\u5fc5\u81ea\u884c\u7814\u7a76\u5206\u6790\u3002<\/p><\/blockquote>\n\u5c08\u6b04\u4f5c\u8005\uff1a\u725f\u5747\u4fde\u3000\u4e3b\u7de8\uff1a\u5e02\u5834\u5148\u751f\n<p><strong><span style=\"font-size: 20px;\">\u52a0\u5165\u5e02\u5834\u5148\u751fFB\u793e\u5718\uff0c\u5145\u5be6\u66f4\u591a\u7406\u8ca1\u597d\u77e5\u8b58<\/span><\/strong><\/p>\r\n<p>50\u6b72\u4e4b\u524d\u60f3\u9000\u4f11\u4e00\u5b9a\u8981\u61c2\u7406\u8ca1\uff0c<br \/>\u89e3\u6c7a\u6295\u8cc7\u7684\u7169\u60f1\uff01<\/p>\r\n<p><a href=/index.html"https:\/\/bit.ly\/2NTBOAv\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\"><img decoding=\"async\" class=\"alignnone size-full wp-image-7106\" src=/index.html"https:\/\/\/wp-content\/uploads\/20190824195036_69.gif\" alt=\"\" width=\"687\" height=\"243\" \/><\/a><\/p>\r\n<p>\u6700\u8fd1\u5e02\u5834\u5148\u751f\u958b\u4e86\u4e00\u5802\u7684\u300c<strong>\u7528\u7f8e\u80a1ETF\u5275\u9020\u7a69\u5b9a\u73fe\u91d1\u6d41<\/strong>\u300d\u6559\u5b78\u8ab2\u7a0b\uff0c<br \/>\u9019\u5802\u8ab2\u7a0b\u6703\u5f9e\u57fa\u790e\u5165\u9580\u3001\u8cc7\u6599\u67e5\u8a62\u5230\u5be6\u969b\u64cd\u4f5c\uff0c<br \/>\u6559\u4f60\u5b78\u6703\u5efa\u7acb\u4e00\u500b\u7a69\u5b9a\u7684\u5168\u7403ETF\u6295\u8cc7\u7d44\u5408\uff0c\u76ee\u524d\u7d2f\u7a4d\u5df2\u7d93\u6709\u5c07\u8fd11100\u4f4d\u540c\u5b78\u4e0a\u8ab2\u3002<\/p>\r\n<p>\u7dda\u4e0a\u8ab2\u7a0b\u300b<a href=/index.html"http:\/\/bit.ly\/2FV3hPc\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"external\">\u7f8e\u80a1ETF\u5275\u9020\u7a69\u5b9a\u73fe\u91d1\u6d41\u7dda\u4e0a\u8ab2\u7a0b\u9023\u7d50<\/a><\/p>\n<p><br \/><strong><span style=\"color: #ff0000;\">\u5982\u679c\u89ba\u5f97\u9019\u7bc7\u6587\u7ae0\u6709\u5e6b\u52a9\uff0c<\/span><\/strong><br \/><strong><span style=\"color: #ff0000;\">\u5e6b\u6211\u6309\u500b\u8b9a\uff0c\u5206\u4eab\u7d66\u66f4\u591a\u4eba\u770b\u5230\uff0c\u8b1d\u8b1d\uff01<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5728\u897f\u65b9\uff0c\u6709\u80a1\u795e\u5df4\u83f2\u7279\u3002 \u5728\u4e2d\u570b\uff0c\u4e5f\u6709\u4e00\u4f4d\u6295\u8cc7\u4eba\uff0c\u5916\u865f\u53eb\u300c\u4e2d\u570b\u5df4\u83f2\u7279\u300d\uff0c\u4ed6\u5c31\u662f\u674e\u797f(Li Lu)\u3002 \u674e\u797f\u4e0d\u50c5\u66fe\u88ab [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":39700,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[1800],"tags":[39,1978,1979],"table_tags":[],"modified_by":"Mr.Market\u5e02\u5834\u5148\u751f","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/\/wp-content\/uploads\/20220721143453_87.jpg","jetpack-related-posts":[{"id":149,"url":"https:\/\/\/10_10\/","url_meta":{"origin":39698,"position":0},"title":"\u5982\u4f55\u4e86\u89e3\u5df4\u83f2\u7279\u50f9\u503c\u6295\u8cc7\uff1f\u5206\u4eab10\u672c\u5fc5\u8b80\u7d93\u5178\u66f8\uff01","author":"Mr.Market\u5e02\u5834\u5148\u751f","date":"2016-04-11","format":false,"excerpt":"\u00a0 \u80a1\u795e\u5df4\u83f2\u7279\uff0c\u5373\u5c07\u5728\u4eca\u5e744\/30\u8209\u8fa6\u6ce2\u514b\u590f\u7684\u80a1\u6771\u5927\u6703\uff0c \u9019\u4f4d\u80a1\u5e02\u50b3\u5947\u4eba\u7269\uff0c \u5f9e 11\u6b72\u5c31\u2026","rel":"","context":"\u5728\u300c\u6295\u8cc7\u66f8\u55ae\u300d\u4e2d","block_context":{"text":"\u6295\u8cc7\u66f8\u55ae","link":"https:\/\/\/category\/invest-master\/invest-books\/"},"img":{"alt_text":"\u5df4\u83f2\u7279\u50f9\u503c\u6295\u8cc7","src":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220407231601_35.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220407231601_35.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220407231601_35.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220407231601_35.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":34777,"url":"https:\/\/\/charlie-munger-guru\/","url_meta":{"origin":39698,"position":1},"title":"\u67e5\u7406\u00b7\u8499\u683c \u5df4\u83f2\u727960\u5e74\u7684\u667a\u6167\u5408\u5925\u4eba\u300b\u8b93\u5df4\u83f2\u7279\u6210\u70ba\u80a1\u795e\u7684\u63a8\u624b","author":"Mr.Market\u5e02\u5834\u5148\u751f","date":"2022-04-15","format":false,"excerpt":"\u8ac7\u5230\u80a1\u795e\u5df4\u83f2\u7279\uff0c\u8a31\u591a\u4eba\u90fd\u77e5\u9053\u4ed6\u5e55\u5f8c\u6709\u4e00\u4f4d\u4f4e\u8abf\u7684\u9ec3\u91d1\u62cd\u6a94\u53eb\u67e5\u7406\u00b7\u8499\u683c(\u4ee5\u4e0b\u7c21\u7a31\u8499\u683c)\uff0c \u6bcf\u7576\u6ce2\u514b\u590f\u80a1\u6771\u2026","rel":"","context":"\u5728\u300c\u6295\u8cc7\u5927\u5e2b\u300d\u4e2d","block_context":{"text":"\u6295\u8cc7\u5927\u5e2b","link":"https:\/\/\/category\/invest-master\/investment-master\/"},"img":{"alt_text":"\u5df4\u83f2\u7279-\u67e5\u7406\u8499\u683c-\u80a1\u795e","src":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220412095143_69.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220412095143_69.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220412095143_69.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220412095143_69.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":34337,"url":"https:\/\/\/todd-combs-and-ted-weschler\/","url_meta":{"origin":39698,"position":2},"title":"\u80a1\u795e\u5df4\u83f2\u7279\u6295\u8cc7\u63a5\u73ed\u4eba\u300bTodd Combs \u548c Ted Weschler \u4ecb\u7d39","author":"Mr.Market\u5e02\u5834\u5148\u751f","date":"2022-04-12","format":false,"excerpt":"\u96a8\u8457\u80a1\u795e\u5df4\u83f2\u7279\u8207\u4ed6\u7684\u5925\u4f34\u67e5\u7406\u00b7\u8499\u683c\u90fd\u5df2\u8d85\u904e90\u6b72\u9ad8\u9f61\uff0c\u5916\u754c\u6700\u95dc\u5fc3\u7684\u4e8b\u83ab\u904e\u65bc\u638c\u7ba1\u4e94\u5343\u5104\u7f8e\u5143\u7684\u6ce2\u514b\u590f\u63a5\u4e0b\u2026","rel":"","context":"\u5728\u300c\u6295\u8cc7\u5927\u5e2b\u300d\u4e2d","block_context":{"text":"\u6295\u8cc7\u5927\u5e2b","link":"https:\/\/\/category\/invest-master\/investment-master\/"},"img":{"alt_text":"\u80a1\u795e\u5df4\u83f2\u7279\u6295\u8cc7\u63a5\u73ed\u4eba","src":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220406220656_36.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220406220656_36.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220406220656_36.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220406220656_36.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":74,"url":"https:\/\/\/3-3\/","url_meta":{"origin":39698,"position":3},"title":"\u300a\u7aae\u67e5\u7406\u7684\u6295\u8cc7\u54f2\u5b78\u8207\u9078\u80a1\u91d1\u5f8b\u300b\u8b80\u66f8\u7b46\u8a18: \u67e5\u7406\u8499\u683c\u9078\u80a13\u539f\u5247-\u6295\u8cc7\u4e0d\u662f\u8003\u8a66\uff0c\u592a\u96e3\u7684\u5c31\u8a72\u653e\u68c4\uff01","author":"Mr.Market\u5e02\u5834\u5148\u751f","date":"2016-10-30","format":false,"excerpt":"\u300c\u67e5\u7406\u8499\u683c\u662f\u8ab0\uff0c\u59b3\u77e5\u9053\u55ce\uff1f\u300d \u4eca\u5929\u6211\u554f\u5973\u53cb\u9019\u500b\u554f\u984c\u3002 \u300c\u4e0d\u77e5\u9053\uff0c\u4ed6\u662f\u8ab0\uff1f\u300d \u6bcf\u500b\u4eba\u90fd\u77e5\u9053\u5df4\u83f2\u7279\uff0c \u4ed6\u2026","rel":"","context":"\u5728\u300c\u6295\u8cc7\u66f8\u55ae\u300d\u4e2d","block_context":{"text":"\u6295\u8cc7\u66f8\u55ae","link":"https:\/\/\/category\/invest-master\/invest-books\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20171206115157_4.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20171206115157_4.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20171206115157_4.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20171206115157_4.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20171206115157_4.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20171206115157_4.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":30959,"url":"https:\/\/\/value-investing-gurus-stock-list\/","url_meta":{"origin":39698,"position":4},"title":"\u50f9\u503c\u6295\u8cc7\u5927\u5e2b\u7684\u9078\u80a1\u6e05\u55ae\u7e3d\u6574\u7406\u300b\u4ed6\u5011\u90fd\u8cb7\u4ec0\u9ebc\u80a1\u7968\uff1f\u9577\u671f\u6295\u8cc7\u5831\u916c\u7387\u5982\u4f55\uff1f","author":"Mr.Market\u5e02\u5834\u5148\u751f","date":"2022-01-17","format":false,"excerpt":"\u50f9\u503c\u6295\u8cc7\u7684\u57fa\u672c\u539f\u5247\u5c31\u662f\u627e\u51fa\u88ab\u4f4e\u4f30\u7684\u80a1\u7968\u7136\u5f8c\u9577\u671f\u6301\u6709\uff0c \u9019\u7bc7\u6587\u7ae0\u5e02\u5834\u5148\u751f\u6574\u7406\u4e86\u4e94\u4f4d\u50f9\u503c\u6295\u8cc7\u5927\u5e2b\u9577\u671f\u6301\u80a1\u2026","rel":"","context":"\u5728\u300c\u6295\u8cc7\u5927\u5e2b\u300d\u4e2d","block_context":{"text":"\u6295\u8cc7\u5927\u5e2b","link":"https:\/\/\/category\/invest-master\/investment-master\/"},"img":{"alt_text":"\u50f9\u503c\u6295\u8cc7\u5927\u5e2b\u7684\u9078\u80a1\u6e05\u55ae\u7e3d\u6574\u7406 \u2013 \u4ed6\u5011\u90fd\u8cb7\u4ec0\u9ebc\u80a1\u7968\uff1f\u9577\u671f\u6295\u8cc7\u5831\u916c\u7387\u5982\u4f55\uff1f","src":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220110221109_45.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220110221109_45.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220110221109_45.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220110221109_45.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220110221109_45.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/20220110221109_45.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":63104,"url":"https:\/\/\/the-real-key-to-learning-from-buffett\/","url_meta":{"origin":39698,"position":5},"title":"\u5df4\u83f2\u7279\u8eab\u50f9\u5343\u5104\u7f8e\u5143\uff0c\u5982\u4f55\u5411\u5df4\u83f2\u7279\u5b78\u7fd2\uff1f","author":"Sammi","date":"2023-11-15","format":false,"excerpt":"\u6211\u6642\u5e38\u807d\u5230\u8a31\u591a\u8b80\u8005\u8aaa\u60f3\u6210\u70ba\u4e00\u500b\u5c08\u8077\u6295\u8cc7\u4eba\uff0c\u671f\u671b\u80fd\u8ddf\u5df4\u83f2\u7279\u770b\u9f4a\u3001\u5e0c\u671b\u80fd\u64c1\u6709\u5df4\u83f2\u7279\u7684\u9ad8\u5831\u916c\u7387....\uff0c\u6bcf\u2026","rel":"","context":"\u5728\u300c\u5e02\u5834\u5148\u751f\u89c0\u9ede\u300d\u4e2d","block_context":{"text":"\u5e02\u5834\u5148\u751f\u89c0\u9ede","link":"https:\/\/\/category\/self-growth\/mrmarket-views\/"},"img":{"alt_text":"\u5411\u5df4\u83f2\u7279\u5b78\u7fd2","src":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/2023\/11\/20231108100607_87.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/\/wp-content\/uploads\/2023\/11\/20231108100607_87.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/2023\/11\/20231108100607_87.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/\/wp-content\/uploads\/2023\/11\/20231108100607_87.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/\/wp-json\/wp\/v2\/posts\/39698"}],"collection":[{"href":"https:\/\/\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/\/wp-json\/wp\/v2\/comments?post=39698"}],"version-history":[{"count":3,"href":"https:\/\/\/wp-json\/wp\/v2\/posts\/39698\/revisions"}],"predecessor-version":[{"id":46670,"href":"https:\/\/\/wp-json\/wp\/v2\/posts\/39698\/revisions\/46670"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/\/wp-json\/wp\/v2\/media\/39700"}],"wp:attachment":[{"href":"https:\/\/\/wp-json\/wp\/v2\/media?parent=39698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/\/wp-json\/wp\/v2\/categories?post=39698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/\/wp-json\/wp\/v2\/tags?post=39698"},{"taxonomy":"table_tags","embeddable":true,"href":"https:\/\/\/wp-json\/wp\/v2\/table_tags?post=39698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}