{"id":387087,"date":"2021-06-21T23:23:03","date_gmt":"2021-06-22T06:23:03","guid":{"rendered":"https:\/\/nai500.com\/?p=387087"},"modified":"2021-06-21T23:23:03","modified_gmt":"2021-06-22T06:23:03","slug":"%e5%8a%a0%e8%82%a1-%e8%82%a1%e5%b8%82-%e8%b4%b5-%e9%80%89%e8%82%a1-%e4%bb%b7%e5%80%bc","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2021\/06\/%e5%8a%a0%e8%82%a1-%e8%82%a1%e5%b8%82-%e8%b4%b5-%e9%80%89%e8%82%a1-%e4%bb%b7%e5%80%bc\/","title":{"rendered":"\u52a0\u80a1\uff1a\u80a1\u5e02\u8d8a\u662f\u201c\u8d35\u201d\uff0c\u9009\u80a1\u7684\u4ef7\u503c\u5c31\u8d8a\u51f8\u663e"},"content":{"rendered":"

\u80a1\u5e02\u4ece2020\u5e74\u66b4\u8dcc\u7684\u8c37\u5e95\u5f3a\u52b2\u53cd\u5f39\u4ee5\u6765\uff0c\u5e02\u573a\u5982\u4f55\u5982\u4f55\u201c\u8d35\u201d\u7684\u58f0\u97f3\u5c31\u4e0d\u7edd\u4e8e\u8033\u3002\u75ab\u60c5\u5c1a\u672a\u7ed3\u675f\uff0c\u65b0\u6bd2\u682a\u7684\u5bf9\u5168\u7403\u7ecf\u6d4e\u7684\u53cd\u5f39\u6784\u6210\u4e25\u91cd\u5a01\u80c1\u3002<\/p>\n

\u4e0d\u8fc7\uff0c\u53ef\u80fd\u51fa\u73b0\u7684\u7b2c\u56db\u6ce2\u75ab\u60c5\u5e76\u4e0d\u662f\u552f\u4e00\u8ba9\u6295\u8d44\u8005\u611f\u5230\u62c5\u5fc3\u7684\u3002\u7f8e\u8054\u50a8\u8003\u86512023\u5e74\u52a0\u606f\uff0c\u7acb\u573a\u5f00\u59cb\u7a0d\u7a0d\u8f6c\u9e70\u3002\u4e3a\u4e86\u6291\u5236\u901a\u80c0\u7684\u98d9\u5347\uff0c\u7f8e\u8054\u50a8\u6709\u53ef\u80fd\u4f1a\u572818\u4e2a\u6708\u5185\u542f\u52a8\u52a0\u606f\uff0c\u751a\u81f3\u66f4\u65e9\u3002<\/p>\n

\u5e02\u573a\u4f9d\u7136\u4e0d\u7f3a\u4fbf\u5b9c\u7684\u52a0\u62ff\u5927\u80a1\u7968<\/h2>\n

\u7ecf\u6d4e\u8fc7\u70ed\u548c\u901a\u80c0\u98d9\u5347\uff0c\u75ab\u60c5\u5c01\u9501\u5f15\u53d1\u65b0\u4e00\u8f6e\u7684\u7ecf\u6d4e\u8870\u9000\uff0c\u4e24\u8005\u867d\u7136\u622a\u7136\u76f8\u53cd\uff0c\u4f46\u8f6c\u6362\u5374\u6709\u53ef\u80fd\u662f\u5728\u6beb\u5398\u4e4b\u95f4\u3002\u672a\u676518\u4e2a\u6708\uff0c\u6211\u4eec\u6781\u6709\u53ef\u80fd\u906d\u9047\u591a\u5e74\u6765\u6700\u4e0d\u786e\u5b9a\u548c\u6ce2\u52a8\u7684\u73af\u5883\uff0c\u8981\u4e3a\u6240\u6709\u53ef\u80fd\u53d1\u751f\u7684\u60c5\u51b5\u505a\u597d\u5145\u5206\u7684\u51c6\u5907\u3002<\/p>\n

\u4ece\u591a\u4e2a\u7ef4\u5ea6\u770b\uff0c\u52a0\u62ff\u5927\u80a1\u5e02\u786e\u5b9e\u4e0d\u4fbf\u5b9c\uff0c\u751a\u81f3\u5f88\u591a\u6295\u8d44\u8005\u5df2\u7ecf\u5f00\u59cb\u9002\u5e94\u80a1\u7968\u7684\u9ad8\u4f30\u503c\uff0c\u5e74\u9752\u4e00\u4ee3\u66f4\u662f\u504f\u7231\u6295\u673ameme\u80a1\u7968\u6216\u52a0\u5bc6\u8d27\u5e01\u3002\u54ea\u6015\u662f\u90a3\u4e9b\u6295\u673a\u6027\u5f31\u4e00\u70b9\u7684\u8d44\u4ea7\uff0c\u4f30\u503c\u4e5f\u88ab\u5927\u5e45\u63a8\u9ad8\uff0c\u5e02\u9500\u7387\u5904\u4e8e\u5386\u53f2\u533a\u95f4\u7684\u4e0a\u7aef\u3002\u8fd9\u8fd8\u4e0d\u662f\u5168\u90e8\uff0c\u5bf9\u4e8e\u6700\u7231\u5192\u9669\u7684\u6210\u957f\u6027\u6295\u8d44\u8005\u6765\u8bf4\uff0c\u76c8\u5229\u80fd\u529b\u4f3c\u4e4e\u4e5f\u6ca1\u6709\u90a3\u4e48\u91cd\u8981\u4e86\uff0c\u8f6c\u800c\u62e5\u62b1\u5371\u9669\u7684\u201c\u4e0d\u60dc\u4e00\u5207\u4ee3\u4ef7\u5b9e\u73b0\u589e\u957f\u201d\u7684\u6295\u8d44\u7b56\u7565\u3002<\/p>\n

\u4ef7\u503c\u6c38\u8fdc\u4e0d\u4f1a\u8fc7\u65f6<\/h2>\n

\u4ef7\u503c\u6c38\u8fdc\u4e0d\u4f1a\u8fc7\u65f6\uff0c\u54ea\u6015\u662f\u5728\u5f53\u524d\u4e0d\u786e\u5b9a\u7684\u5e02\u573a\u73af\u5883\u4e0b\u4e5f\u662f\u5982\u6b64\u3002\u8fd9\u4e5f\u51f8\u663e\u4e86\u9009\u80a1\u7684\u91cd\u8981\u6027\u3002\u901a\u8fc7\u9009\u80a1\uff0c\u4f60\u5c31\u53ef\u4ee5\u89c4\u907f\u4ef7\u503c\u9677\u9631\u3001\u6295\u673a\u8d4c\u535a\u4ee5\u53ca\u4e25\u91cd\u9ad8\u4f30\u4e2a\u80a1\u7b49\uff0c\u540c\u65f6\u6293\u4f4f\u88ab\u51e0\u4e4e\u5176\u4ed6\u6240\u6709\u4eba\u9519\u8fc7\u7684\u88ab\u51b7\u9047\u7684\u4ef7\u503c\u80a1\u3002<\/p>\n

\u5f53\u7136\u4e86\uff0c\u5e02\u573a\u4e0a\u5f88\u591a\u6602\u8d35\u7684\u80a1\u7968\u4e0d\u65ad\u6d8c\u73b0\uff0c\u4f46\u627e\u5230\u80a1\u4ef7\u4f4e\u4e8e\u5176\u5185\u5728\u4ef7\u503c\u7684\u673a\u4f1a\u5e76\u975e\u4e3a\u96f6\u3002\u8fd9\u6837\u7684\u80a1\u7968\u8fd8\u6709\u5f88\u591a\u3002\u53ea\u8981\u4f60\u7528\u5fc3\uff0c\u52a0\u5165\u5206\u6790\uff0c\u4f9d\u7136\u53ef\u4ee5\u5728\u8fd9\u4e2a\u201c\u6602\u8d35\u201d\u7684\u5e02\u573a\u4e0a\u627e\u5230\u4fbf\u5b9c\u7684\u52a0\u62ff\u5927\u80a1\u7968\u3002<\/p>\n

\u9884\u671f\u6536\u76ca\u7387\u53ef\u80fd\u4e0d\u4f1a\u90a3\u4e48\u4eae\u773c\uff0c\u4f46\u957f\u671f\u6536\u76ca\u7387\u5b9a\u80fd\u540a\u6253\u6574\u4e2a\u5e02\u573a\uff0c\u540c\u65f6\u4e5f\u4e0d\u5fc5\u53bb\u5192\u7c7b\u4f3c\u6bd4\u7279\u5e01\u3001\u72d7\u72d7\u5e01\u6216\u8005\u662f\u7279\u65af\u62c9\u5e26\u7ed9\u4f60\u7684\u98ce\u9669\u3002\u5728Michael Burry\u770b\u6765\uff0c\u8fd9\u4e9b\u8d44\u4ea7\u7684\u98ce\u9669\u90fd\u5947\u9ad8\u3002\u201c\u6027\u611f\u201d\u7684\u6210\u957f\u80a1\u7684\u4f30\u503c\u6c34\u5e73\u5982\u540c\u5929\u4e0a\u7684\u9985\u997c\uff0c\u6295\u8d44\u8005\u53ea\u662f\u8fdc\u89c2\u800c\u4e0d\u4eb5\u73a9\u7684\u96be\u5ea6\u975e\u5e38\u4e4b\u5927\u3002\u4f46\u662f\uff0c\u5982\u679c\u4f60\u60f3\u672a\u6765\u5341\u5e74\u8dd1\u8d62\u5e02\u573a\uff0c\u73b0\u5728\u9006\u5411\u6295\u8d44\u7ec8\u6709\u6536\u83b7\u7684\u4e00\u5929\u3002<\/p>\n

\u53d7\u65b0\u51a0\u75ab\u60c5\u51b2\u51fb\u7684\u52a0\u62ff\u5927\u6df1\u5ea6\u4ef7\u503c\u80a1<\/h2>\n

Restaurant Brands International Inc\uff08TSX: QSR<\/a>\uff09\uff08NYSE: QSR<\/a>\uff09\u662fTim Hortons\u3001Popeyes\u4ee5\u53ca\u6c49\u5821\u738b\u80cc\u540e\u7684\u6bcd\u516c\u53f8\uff0c\u540c\u65f6\u4e5f\u662f\u4e00\u53f0\u5370\u949e\u673a\uff0c\u73b0\u91d1\u6d41\u5145\u88d5\u3002\u75ab\u60c5\u671f\u95f4\uff0c\u8be5\u516c\u53f8\u52a0\u5927\u9a7e\u8f66\u6253\u5305\u3001\u5916\u5356\u4ee5\u53ca\u6570\u5b57\u5316\u6295\u5165\uff0c\u53e0\u52a0\u66f4\u591a\u4eba\u63a5\u79cd\u75ab\u82d7\u4ee5\u53ca\u7ecf\u6d4e\u9010\u6b65\u6062\u590d\u6b63\u5e38\uff0c\u8fd9\u53ea\u52a0\u62ff\u5927\u6df1\u5ea6\u4ef7\u503c\u80a1\u7684\u80a1\u4ef7\u5c06\u4e0a\u6da8\u751a\u81f3\u53ef\u80fd\u7a81\u7834$100\u3002\u6b64\u5916\uff0c\u6536\u76ca\u578b\u6295\u8d44\u8005\u8fd8\u53ef\u4ee5\u4eab\u53d7\u8be5\u80a13.2%\u7684\u80a1\u606f\u7387\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u80a1\u5e02\u4ece2020\u5e74\u66b4\u8dcc\u7684\u8c37\u5e95\u5f3a\u52b2\u53cd\u5f39\u4ee5\u6765\uff0c\u5e02\u573a\u5982\u4f55\u5982\u4f55\u201c\u8d35\u201d\u7684\u58f0\u97f3\u5c31\u4e0d\u7edd\u4e8e\u8033\u3002\u75ab\u60c5\u5c1a\u672a\u7ed3\u675f\uff0c\u65b0\u6bd2\u682a\u7684\u5bf9\u5168\u7403\u7ecf\u6d4e\u7684 […]<\/p>\n","protected":false},"author":27,"featured_media":387088,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430],"tags":[],"class_list":["post-387087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","sectors-1602","locations-canada-zh-hans","locations-africa-zh-hans","exchange-nyse-zh-hans","exchange-tsx-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/387087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=387087"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/387087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/387088"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=387087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=387087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=387087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}