{"id":467093,"date":"2023-07-17T01:03:51","date_gmt":"2023-07-17T08:03:51","guid":{"rendered":"https:\/\/nai500.com\/?p=467093"},"modified":"2023-07-17T01:08:27","modified_gmt":"2023-07-17T08:08:27","slug":"%e4%b8%ad%e5%9b%bd-ray-dalio-%e6%8a%95%e4%ba%86%e5%93%aa%e4%ba%9b%e4%b8%ad%e5%9b%bd%e8%82%a1%e7%a5%a8","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2023\/07\/%e4%b8%ad%e5%9b%bd-ray-dalio-%e6%8a%95%e4%ba%86%e5%93%aa%e4%ba%9b%e4%b8%ad%e5%9b%bd%e8%82%a1%e7%a5%a8\/","title":{"rendered":"\u6709\u5173\u4e2d\u56fd\uff0c\u4e0d\u4ec5\u8981\u542cRay Dalio\u8bf4\u4e86\u4ec0\u4e48\uff0c\u66f4\u5e94\u8be5\u770b\u770b\u4ed6\u6295\u4e86\u54ea\u4e9b\u4e2d\u56fd\u80a1\u7968"},"content":{"rendered":"

2016\u5e74\uff0cRay Dalio\u7684\u6865\u6c34\u8054\u5408\u57fa\u91d1\u8fdb\u9a7b\u4e0a\u6d77\u7684\u81ea\u7531\u8d38\u6613\u533a\uff0c\u6b64\u540eDalio\u7ecf\u5e38\u5c31\u4e2d\u56fd\u7ecf\u6d4e\u4ee5\u53ca\u4e2d\u56fd\u7684\u6295\u8d44\u53d1\u8868\u81ea\u5df1\u7684\u770b\u6cd5\u3002\u5728\u4ed6\u770b\u6765\uff0c\u4e2d\u56fd\u6b63\u5728\u7ecf\u5386\u4ece\u6295\u8d44\u578b\u7ecf\u6d4e\u8f6c\u5411\u6d88\u8d39\u578b\u7ecf\u6d4e\uff0c\u5e76\u5f3a\u8c03\u8981\u5b9e\u73b0\u8fd9\u4e00\u91cd\u5927\u7ecf\u6d4e\u8f6c\u578b\u9700\u8981\u5f3a\u5927\u7684\u9886\u5bfc\u529b\u3002<\/p>\n

2020\u5e747\u6708\uff0cDalio\u5c31\u4e2d\u7f8e\u4e4b\u95f4\u7d27\u5f20\u5173\u7cfb\u7684\u65e5\u76ca\u5347\u7ea7\u8868\u793a\u62c5\u5fe7\uff0c\u79f0\u8fd9\u53ef\u80fd\u5bfc\u81f4\u201c\u8d44\u672c\u6218\u201d\u4ee5\u53ca\u7f8e\u5143\u7684\u5927\u5e45\u8d2c\u503c\u3002\u8fd8\u8bf4\uff0c\u5982\u679c\u7f8e\u56fd\u653f\u5e9c\u9650\u5236\u5bf9\u4e2d\u56fd\u7684\u6295\u8d44\u6216\u8005\u662f\u62d2\u7edd\u652f\u4ed8\u4e2d\u56fd\u6301\u6709\u7684\u7f8e\u503a\uff0c\u8fd9\u5c06\u7ed9\u7f8e\u56fd\u7ecf\u6d4e\u5e26\u6765\u989d\u5916\u7684\u6311\u6218\u5e76\u5c06\u7ed9\u7f8e\u5143\u4ef7\u503c\u9020\u6210\u6df1\u8fdc\u7684\u5f71\u54cd\u3002\u5230\u4e862020\u5e74\u768411\u6708\uff0cDalio\u5efa\u8bae\u6295\u8d44\u8005\uff0c\u5c3d\u7ba1\u9a6c\u4e91\u7684\u8682\u8681\u96c6\u56e2\u906d\u9047\u76d1\u7ba1\uff0c\u4f46\u6295\u8d44\u8005\u65e0\u9700\u5bf9\u6295\u8d44\u4e2d\u56fd\u611f\u5230\u62c5\u5fe7\u3002\u5728\u4ed6\u770b\u6765\uff0c\u6295\u8d44\u4e2d\u56fd\u6f5c\u5728\u7684\u591a\u5143\u5316\u597d\u5904\u591a\u4e8e\u76f8\u5173\u7684\u98ce\u9669\uff0c\u5e76\u79f0\u4e2d\u56fd\u76d1\u7ba1\u673a\u6784\u7684\u884c\u52a8\u662f\u4e3a\u4e86\u5efa\u7acb\u4fe1\u5fc3\u3002<\/p>\n

2021\u5e7412\u6708\uff0cDalio\u518d\u6b21\u8868\u6001\u79f0\uff0c\u4ed6\u8ba4\u4e3a\u4e2d\u56fd\u5c06\u5728\u4e2d\u7f8e\u7684\u7ecf\u6d4e\u7ade\u4e89\u5f53\u4e2d\u80dc\u51fa\u3002\u4ed6\u9884\u6d4b\u4e2d\u56fd\u7ecf\u6d4e\u4f53\u91cf\u5c06\u8d85\u8fc7\u7f8e\u56fd\uff0c\u6210\u4e3a\u4e00\u4e2a\u5f3a\u5927\u7684\u7ecf\u6d4e\u4f53\u3002<\/p>\n

\u6865\u6c34\u8054\u5408\u57fa\u91d1\u4e5f\u5927\u5e45\u589e\u52a0\u4e86\u5728\u4e2d\u56fd\u7684\u57fa\u91d1\u8d44\u4ea7\uff0c\u8fc7\u53bb\u4e00\u5e74\uff08\u622a\u81f32023\u5e741\u670810\u65e5\uff09\u7ffb\u4e86\u4e00\u500d\u591a\u81f3200\u4ebf\u5143\u4ee5\u4e0a\u3002Dalio\u7684\u57fa\u91d1\u4e5f\u6210\u4e3a\u4e86\u4e2d\u56fd\u6700\u5927\u7684\u5916\u56fd\u5bf9\u51b2\u57fa\u91d1\u3002\u622a\u81f32022\u5e7411\u6708\u521d\uff0c\u6865\u6c34\u5728\u4e2d\u56fd\u7684\u8d44\u4ea7\u7ba1\u7406\u89c4\u6a21\u5df2\u7ecf\u8d85\u8fc719\u4e07\u4ebf\u5143\u300212\u6708\u901a\u8fc7\u62db\u5546\u94f6\u884c\u7684\u4e00\u7cfb\u5217\u8fde\u63a5\u57fa\u91d1\uff08feeder fund\uff09\uff0c\u8d44\u4ea7\u89c4\u6a21\u7a81\u783420\u4e07\u4ebf\u5143\u3002<\/p>\n

Ray Dalio\u7684\u4e2d\u56fd\u80a1\u7968<\/h2>\n

\u4ee5\u4e0b\u662f2023\u5e74\u4e00\u5b63\u5ea6Ray Dalio\u7684\u5bf9\u51b2\u57fa\u91d1\u5f53\u4e2d\u6301\u80a1\u89c4\u6a21\u6700\u5927\u768415\u53ea\u4e2d\u56fd\uff08\u548c\u4e9a\u6d32\uff09\u516c\u53f8\uff08\u6309\u7167\u6301\u80a1\u4ef7\u503c\u4ece\u9ad8\u5230\u4f4e\u6392\u5e8f\uff09\uff1a<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u516c\u53f8\u540d\u79f0<\/td>\n\u6301\u80a1\u5bf9\u51b2\u57fa\u91d1\u6570\u91cf<\/td>\n\u6865\u6c34\u8054\u5408\u57fa\u91d1\u7684\u6301\u80a1\u4ef7\u503c<\/td>\n<\/tr>\n
\u62fc\u591a\u591a\u63a7\u80a1PDD Holdings\uff08NASDAQ:PDD\uff09<\/a><\/td>\n62\u5bb6<\/td>\n162,607,932\u7f8e\u5143\uff08214\u4e07\u80a1\uff09\uff1b\u6295\u8d44\u7ec4\u5408\u5360\u6bd4\uff1a0.99%<\/td>\n<\/tr>\n
\u643a\u7a0b\u96c6\u56e2Trip.com Group\uff08NASDAQ:TCOM\uff09<\/td>\n41\u5bb6<\/td>\n41,090,323\u7f8e\u5143\uff08100\u4e07\u80a1\uff09<\/td>\n<\/tr>\n
\u8d1d\u58f3\u627e\u623fKE Holdings\uff08NYSE:BEKE\uff09<\/td>\n39\u5bb6<\/td>\n39,960,620\u7f8e\u5143\uff08212\u4e07\u80a1\uff09<\/td>\n<\/tr>\n
\u65b0\u4e1c\u65b9\u6559\u80b2\u79d1\u6280\u96c6\u56e2New Oriental Education & Technology Group \uff08NYSE:EDU\uff09<\/td>\n31\u5bb6<\/td>\n34,950,737\u7f8e\u5143\uff08905,225\u80a1\uff09\uff1b\u6295\u8d44\u7ec4\u5408\u5360\u6bd4\uff1a0.21%<\/td>\n<\/tr>\n
\u767e\u80dc\u4e2d\u56fd\u63a7\u80a1Yum China Holdings\uff08NYSE:YUMC\uff09<\/td>\n35\u5bb6<\/td>\n34,897,590\u7f8e\u5143\uff08550,522\u80a1\uff09\uff1b\u6295\u8d44\u7ec4\u5408\u5360\u6bd4\uff1a0.21%<\/td>\n<\/tr>\n
\u770b\u51c6\u7f51Kanzhun\uff08NASDAQ:BZ\uff09<\/td>\n27\u5bb6<\/td>\n32,761,116\u7f8e\u5143\uff08172\u4e07\u80a1\uff09\uff1b\u6295\u8d44\u7ec4\u5408\u5360\u6bd4\uff1a0.19%<\/td>\n<\/tr>\n
\u9646\u91d1\u6240\u63a7\u80a1Lufax Holding\uff08NYSE:LU\uff09<\/td>\n16\u5bb6<\/td>\n29,194,087\u7f8e\u5143\uff081430\u4e07\u80a1\uff09<\/td>\n<\/tr>\n
\u767e\u6d4e\u795e\u5ddeBeiGene\uff08NASDAQ:BGNE\uff09<\/td>\n16\u5bb6<\/td>\n28,475,177\u7f8e\u5143\uff08132,117\u80a1\uff09<\/td>\n<\/tr>\n
\u851a\u6765NIO\uff08NYSE:NIO\uff09<\/td>\n18\u5bb6<\/td>\n26,549,900\u7f8e\u5143\uff08250\u4e07\u80a1\uff09<\/td>\n<\/tr>\n
\u5947\u5bcc\u79d1\u6280Qifu Technology\uff08NASDAQ:QFIN\uff09<\/td>\n12\u5bb6<\/td>\n23,092,363\u7f8e\u5143\uff08119\u4e07\u80a1\uff09\uff1b\u6295\u8d44\u7ec4\u5408\u5360\u6bd4\uff1a0.14%<\/td>\n<\/tr>\n
\u597d\u672a\u6765\u6559\u80b2\u96c6\u56e2TAL Education Group\uff08NYSE:TAL\uff09<\/td>\n18\u5bb6<\/td>\n22,130,820\u7f8e\u5143\uff08345\u4e07\u80a1\uff09\uff1b\u6295\u8d44\u7ec4\u5408\u5360\u6bd4\uff1a0.13%<\/td>\n<\/tr>\n
\u4e2d\u901a\u5feb\u9012ZTO Express\uff08\u5f00\u66fc\uff09\uff08NYSE:ZTO\uff09<\/td>\n23\u5bb6<\/td>\n22,118,584\u7f8e\u5143\uff08771,758\u80a1\uff09<\/td>\n<\/tr>\n
\u7406\u60f3\u6c7d\u8f66Li Auto\uff08NASDAQ:LI\uff09<\/td>\n22\u5bb6<\/td>\n19,771,428\u7f8e\u5143\uff08792,442\u80a1\uff09<\/td>\n<\/tr>\n
Sea Limited\uff08NYSE:SE\uff09<\/td>\n65\u5bb6<\/td>\n19,172,816\u7f8e\u5143\uff08221,523\u80a1\uff09<\/td>\n<\/tr>\n
\u5c0f\u9e4f\u6c7d\u8f66XPeng\uff08NYSE:XPEV\uff09<\/td>\n20\u5bb6<\/td>\n16,681,587\u7f8e\u5143\uff08150\u4e07\u80a1\uff09\uff1b\u6295\u8d44\u7ec4\u5408\u5360\u6bd4\uff1a0.10%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

2016\u5e74\uff0cRay Dalio\u7684\u6865\u6c34\u8054\u5408\u57fa\u91d1\u8fdb\u9a7b\u4e0a\u6d77\u7684\u81ea\u7531\u8d38\u6613\u533a\uff0c\u6b64\u540eDalio\u7ecf\u5e38\u5c31\u4e2d\u56fd\u7ecf\u6d4e\u4ee5\u53ca\u4e2d\u56fd\u7684\u6295\u8d44\u53d1 […]<\/p>\n","protected":false},"author":27,"featured_media":435804,"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":[730,2152,2125,1997],"class_list":["post-467093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","tag-730","tag-2152","tag-2125","tag-1997","sectors-financial-products-zh-hans","sectors-technology-zh-hans","locations-china-zh-hans","locations-us-zh-hans","exchange-nasdaq-zh-hans","exchange-nyse-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/467093","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=467093"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/467093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/435804"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=467093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=467093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=467093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}