{"id":470362,"date":"2023-08-22T23:05:13","date_gmt":"2023-08-23T06:05:13","guid":{"rendered":"https:\/\/nai500.com\/blog\/2023\/08\/%e7%be%8e%e8%82%a18%e6%9c%88%e6%9a%b4%e8%b7%8c-%e5%b1%95%e6%9c%9b%e5%90%8e%e5%b8%82-%e5%8d%8e%e5%b0%94%e8%a1%97-%e5%a4%9a%e7%a9%ba\/"},"modified":"2023-08-22T23:05:33","modified_gmt":"2023-08-23T06:05:33","slug":"%e7%be%8e%e8%82%a18%e6%9c%88%e6%9a%b4%e8%b7%8c-%e5%b1%95%e6%9c%9b%e5%be%8c%e5%b8%82-%e8%8f%af%e7%88%be%e8%a1%97-%e5%a4%9a%e7%a9%ba","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2023\/08\/%e7%be%8e%e8%82%a18%e6%9c%88%e6%9a%b4%e8%b7%8c-%e5%b1%95%e6%9c%9b%e5%be%8c%e5%b8%82-%e8%8f%af%e7%88%be%e8%a1%97-%e5%a4%9a%e7%a9%ba\/","title":{"rendered":"\u7f8e\u80a18\u6708\u66b4\u8dcc\uff01\u5c55\u671b\u5f8c\u5e02\uff0c\u83ef\u723e\u8857\u5f62\u6210\u591a\u7a7a\u5169\u5927\u9663\u71df"},"content":{"rendered":"

8\u6708\u4e4b\u524d\uff0c\u7f8e\u570b\u80a1\u5e02\u9ad8\u6b4c\u731b\u9032\u3002\u4eca\u5e74\u524d7\u500b\u6708\uff0c\u6a19\u666e500\u6307\u6578\u4e0a\u6f3221%\uff0c\u6295\u8cc7\u8005\u7d1b\u7d1b\u6e67\u5165\u80a1\u5e02\uff0c\u83ef\u723e\u8857\u4e5f\u6f38\u6f38\u6de1\u5316\u7d93\u6fdf\u8870\u9000\u9810\u6e2c\u3002\u4f46\u5728\u904e\u53bb3\u5468\uff0c\u7f8e\u80a1\u8f49\u982d\u5411\u4e0b\uff0c\u5176\u4e2d\u6a19\u666e500\u6307\u6578\u4e0b\u8dcc\u7d045%\u3002<\/p>\n

\u5c0d\u65bc\u6709\u4e9b\u4eba\u4f86\u8aaa\uff0c\u9019\u4e26\u4e0d\u8b93\u4eba\u610f\u5916\u3002\u56de\u9867\u904e\u53bb30\u591a\u5e74\u7684\u7f8e\u80a1\uff0c8\u6708\u662f\u5168\u5e74\u8868\u73fe\u7b2c\u4e8c\u5dee\u7684\u6708\u4efd\uff0c\u7e3d\u7d71\u9078\u8209\u4e4b\u524d\u7684\u4e00\u5e74\u66f4\u662f\u5982\u6b64\u3002<\/p>\n

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\u6295\u8cc7\u8005\u653e\u68c4\u4e86\u7f8e\u806f\u5132\u964d\u606f\u7684\u9810\u671f\uff0c\u5229\u7387\u6301\u7e8c\u4e0a\u5347\u300210\u5e74\u671f\u570b\u50b5\u6536\u76ca\u7387\u5728\u53bb\u5e744\u6708\u89f8\u53ca\u7d043.68%\u7684\u4f4e\u9ede\u4e4b\u5f8c\uff0c\u672c\u9031\u4e00\u8df3\u5347\u8fd110\u500b\u57fa\u9ede\u81f34.3%\u4ee5\u4e0a\uff0c\u9054\u52302007\u5e74\u4ee5\u4f86\u7684\u6700\u9ad8\u6c34\u5e73\u3002\u5229\u7387\u4e0a\u5347\u5c0e\u81f4\u501f\u8cb8\u6210\u672c\u4e0a\u5347\uff0c\u62d6\u7d2f\u516c\u53f8\u76c8\u5229\uff0c\u80a1\u7968\uff0c\u5c24\u5176\u662f\u9ad8\u6210\u9577\u79d1\u6280\u80a1\u53d7\u50b7\u6700\u56b4\u91cd\u3002\u8207\u6b64\u540c\u6642\uff0c\u50b5\u5238\u539f\u672c\u5b89\u5168\u6027\u5c31\u9060\u9ad8\u65bc\u80a1\u7968\uff0c\u6536\u76ca\u7387\u4e0a\u5347\u5f8c\u722d\u596a\u6295\u8cc7\u8005\u8cc7\u91d1\u7684\u80fd\u529b\u5c31\u66f4\u5f37\u4e86\u3002<\/p>\n

\u6700\u5f8c\uff0c\u4e2d\u570b\u7d93\u6fdf\u5fa9\u8607\u4e4f\u529b\u62d6\u7d2f\u5168\u7403\u7d93\u6fdf\u589e\u9577\u9810\u671f\uff0c\u4eba\u5011\u64d4\u5fc3\u8ca0\u9762\u5f71\u97ff\u6700\u7d42\u5c07\u5916\u6ea2\u5230\u5168\u7403\u5176\u4ed6\u5730\u5340\u3002\u758a\u52a0\u60e0\u8b7d\u8abf\u964d\u7f8e\u570b\u50b5\u5238\u8a55\u7d1a\u4ee5\u53ca\u901a\u8139\u524d\u666f\u4f9d\u7136\u4e0d\u660e\u6717\uff0c\u80a1\u5e02\u8868\u73fe\u4f4e\u8ff7\u4e5f\u5c31\u53ef\u4ee5\u7406\u89e3\u4e86\u3002<\/p>\n

\u73fe\u5728\u7f8e\u80a1\u51fa\u73fe\u56de\u8abf\uff0c\u5f8c\u5e02\u6703\u5982\u4f55\u8d70\uff0c\u6211\u5011\u4f86\u807d\u807d\u83ef\u723e\u8857\u662f\u600e\u9ebc\u770b\u7684\u3002<\/p>\n

\u9ad8\u76db<\/h2>\n

\u8a72\u516c\u53f8\u7b56\u7565\u5e2b\u91cd\u7533\u6a19\u666e500\u6307\u6578\u5e74\u5e954700\u9ede\u7684\u76ee\u6a19\u4e0d\u8b8a\uff0c\u76f8\u8f03\u76ee\u524d\u6c34\u5e73\u9084\u6709\u5927\u7d048%\u7684\u4e0a\u6f32\u7a7a\u9593\uff0c\u56e0\u6b64\u4ed6\u5011\u8a8d\u70ba8\u6708\u7684\u4e0b\u8dcc\u7121\u9700\u6050\u614c\u3002\u9ad8\u76db\u6307\u51fa\uff0c\u96a8\u8457\u7d93\u6fdf\u8870\u9000\u7684\u6982\u7387\u4e0b\u964d\uff0c\u6295\u8cc7\u8005\u4f9d\u7136\u9084\u6709\u589e\u52a0\u80a1\u7968\u655e\u53e3\u7684\u7a7a\u9593\uff0c\u672a\u4f86\u5e7e\u5468\u6563\u6236\u6d3b\u8e8d\u5ea6\u6703\u4e0a\u5347\u3002\u8207\u6b64\u540c\u6642\uff0c\u5982\u4eca\u4e8c\u5b63\u5ea6\u8ca1\u5831\u5b63\u5df2\u7d93\u7d50\u675f\uff0c\u8a72\u884c\u9810\u6e2c\u80a1\u7968\u56de\u8cfc\u5c07\u6703\u66b4\u589e\u3002<\/p>\n

\u6469\u6839\u5927\u901a<\/h2>\n

\u6469\u6839\u5927\u901a\u7b56\u7565\u5e2b\u4e0a\u5468\u8868\u793a\uff0c\u7f8e\u570b\u6d88\u8cbb\u8005\u5728\u75ab\u60c5\u671f\u9593\u7a4d\u7d2f\u7684\u8d85\u984d\u5132\u84c4\u5df2\u7d93\u7528\u5149\uff0c\u9019\u610f\u5473\u8457\u53ef\u7528\u65bc\u6295\u8cc7\u80a1\u7968\u7684\u8cc7\u91d1\u6e1b\u5c11\uff0c\u56e0\u6b64\u80a1\u5e02\u5c07\u9032\u4e00\u6b65\u4e0b\u8dcc\u3002\u8a72\u884c\u91cf\u5316\u7b56\u7565\u5e2bMarko Kolanovic\u9810\u8a08\u6a19\u666e500\u6307\u6578\u5e74\u5e95\u5c07\u6536\u65bc4200\u9ede\uff0c\u76f8\u8f03\u76ee\u524d\u6c34\u5e73\u4e0b\u8dcc\u7d044.4%\u3002<\/p>\n

\u6469\u6839\u58eb\u4e39\u5229<\/h2>\n

\u57288\u6708\u7684\u4e00\u4efd\u5831\u544a\u7576\u4e2d\uff0c\u6469\u6839\u58eb\u4e39\u5229\u8ca1\u5bcc\u7ba1\u7406\u90e8\u9580\u7684\u5206\u6790\u5e2b\u6307\u51fa\uff0c\u6536\u76ca\u7387\u7684\u98c6\u5347\u662f\u9078\u64c7\u50b5\u5238\u800c\u975e\u80a1\u7968\u7684\u539f\u56e0\u3002\u9996\u5e2d\u6295\u8cc7\u5b98Lisa Shalett\u8868\u793a\uff0c\u56fa\u5b9a\u6536\u76ca\u8cc7\u7522\u53ef\u4ee5\u5f88\u597d\u5730\u5c0d\u6c96\u80a1\u5e02\u7684\u4e0b\u884c\u98a8\u96aa\u3002\u6295\u8cc7\u8005\u53ef\u4ee5\u5c07\u73fe\u91d1\u914d\u7f6e\u7d66\u7968\u9762\u5229\u7387\u57284.5%-5.5%\u7684\u7f8e\u570b\u570b\u50b5\uff0c\u5982\u679c\u7d93\u6fdf\u8edf\u8457\u9678\u6c92\u6709\u6210\u529f\uff0c\u9084\u80fd\u7372\u5f97\u4e0d\u932f\u7684\u8cc7\u672c\u589e\u503c\u6536\u76ca\u3002<\/p>\n

Fundstrat<\/h2>\n

Fundstrat\u7684Tom Lee\u9031\u4e00\u8868\u793a\uff0c\u5f97\u76ca\u4e8e\u5091\u514b\u905c\u970d\u723e\u5168\u7403\u592e\u884c\u5e74\u6703\u4ee5\u53ca\u82f1\u5049\u9054NVIDIA\uff08NASDAQ:NVDA\uff09\u7684\u8ca1\u5831\u9019\u5169\u5927\u50ac\u5316\u5291\uff0c\u7f8e\u80a1\u672c\u5468\u9810\u8a08\u6703\u6f32\u3002Lee\u9810\u8a08\u6a19\u666e500\u6307\u6578\u4eca\u5e74\u5c07\u89f8\u53ca4825\u9ede\u7684\u6b77\u53f2\u9ad8\u9ede\uff0c\u4e26\u7a31\u80a1\u5e02\u6700\u8fd1\u7684\u56de\u843d\u66f4\u591a\u662f\u53d7\u5b63\u7bc0\u6027\u56e0\u7d20\u7684\u5f71\u97ff\uff0c\u56e0\u6b64\u662f\u4e00\u500b\u8cb7\u8dcc\u7684\u6a5f\u6703\u3002<\/p>\n

Stifel<\/h2>\n

Stifel\u7684\u9996\u5e2d\u80a1\u7968\u7b56\u7565\u5e2bBarry Bannister\u672c\u6708\u65e9\u4e9b\u6642\u5019\u8868\u793a\uff0c\u4eca\u5e74\u80a1\u5e02\u7684\u5f37\u52c1\u4e0a\u6f32\u884c\u60c5\u5df2\u7d93\u7d50\u675f\uff0c\u201c\u6c92\u6709\u8870\u9000\u7684\u53cd\u5f48\u884c\u60c5\u201d\u5df2\u7d93\u7d50\u675f\uff0c\u800c\u7d93\u6fdf\u8870\u9000\u4f9d\u7136\u6709\u53ef\u80fd\u6703\u57282024\u5e74\u4e00\u5b63\u5ea6\u51fa\u73fe\u3002\u4ed6\u9810\u8a08\u6a19\u666e500\u6307\u6578\u4eca\u5e74\u6536\u65bc4400\u9ede\uff0c\u63a5\u8fd1\u76ee\u524d\u9ede\u4f4d\u3002<\/p>\n

Michael Burry<\/h2>\n

\u4e0a\u4e00\u5b63\u5ea6\uff0c\u5927\u7a7a\u982dMichael Burry\u505a\u7a7a\u8ddf\u8e64\u6a19\u666e500\u6307\u6578\u548c\u7d0d\u65af\u9054\u514b100\u6307\u6578\u7684\u5169\u96bbETF\u3002\u9019\u4e00\u64cd\u4f5c\u53ef\u4ee5\u53ea\u662f\u70ba\u4e86\u5c0d\u6c96\u80a1\u5e02\u4e0b\u8dcc\u98a8\u96aa\uff0c\u4f46\u4e5f\u6709\u53ef\u80fd\u53cd\u6620\u4e86Burry\u770b\u7a7a\u7f8e\u80a1\u7684\u7acb\u5834\u3002\u9019\u5169\u96bb\u57fa\u91d1\u7531\u985e\u4f3c\u7279\u65af\u62c9Tesla Inc\uff08NASDAQ:TSLA\uff09\u548c\u82f1\u5049\u9054\u9019\u6a23\u7684\u80a1\u7968\u4e3b\u5c0e\uff0c\u800cBurry\u904e\u53bb\u91cd\u8907\u63d0\u793a\u98a8\u96aa\u8cc7\u7522\u7684\u98a8\u96aa\u3002\u53bb\u5e74\u6625\u5b63\uff0c\u4ed6\u5224\u65b7\u6a19\u666e500\u6307\u6578\u548c\u7d0d\u65af\u9054\u514b\u7d9c\u5408\u6307\u6578\u90fd\u6709\u53ef\u80fd\u4e0b\u8dcc\u8d85\u904e50%\u3002<\/p>\n

David Rosenberg<\/h2>\n

Rosenberg Research\u7684\u7e3d\u88c1David Rosenberg\u5224\u65b7\u7f8e\u80a1\u5c07\u6703\u91cd\u8907\u53bb\u5e74\u7684\u5927\u8dcc\uff0c\u4f9d\u64da\u5305\u62ec\u501f\u8cb8\u6210\u672c\u5c07\u5728\u66f4\u9577\u6642\u671f\u5167\u7dad\u6301\u5728\u66f4\u9ad8\u6c34\u5e73\uff0c\u4ee5\u53ca\u4f86\u81ea\u4e2d\u570b\u7684\u98a8\u96aa\u3002\u5728\u4ed6\u770b\u4f86\uff0c\u6a19\u666e500\u6307\u6578\u88ab\u9ad8\u4f30\uff0c\u5b9a\u50f9\u4e26\u672a\u53cd\u6620\u51fa\u9019\u4e9b\u98a8\u96aa\uff0c\u80a1\u7968\u98a8\u96aa\u6ea2\u50f9\u5df2\u7d93\u66b4\u8dcc\u81f320\u5e74\u7684\u4f4e\u9ede\u3002\u4ed6\u5efa\u8b70\u6295\u8cc7\u8005\u62cb\u68c4\u201c\u8d85\u7d1a\u6602\u8cb4\u7684\u201d\u80a1\u5e02\uff0c\u8f49\u5411\u201c\u88ab\u4f4e\u4f30\u4e14\u88ab\u56b4\u91cd\u505a\u7a7a\u7684\u201d\u7f8e\u570b\u570b\u50b5\u3002<\/p>\n

Jeremy Grantham<\/h2>\n

GMO\u7684\u5275\u59cb\u4ebaJeremy Grantham\u6700\u8fd1\u5c07\u7576\u524d\u7684\u7f8e\u80a1\u6bd4\u4f5c\u4e92\u806f\u7db2\u6ce1\u6cab\uff0c\u4e26\u9810\u8a08\u96a8\u8457\u7d93\u6fdf\u8870\u9000\u5230\u4f86\uff0c\u80a1\u5e02\u5c07\u66b4\u8dcc\u3002\u6309\u7167Grantham\u7684\u9810\u6e2c\uff0c\u901a\u8139\u7387\u5c07\u6c38\u9060\u4e0d\u6703\u4f4e\u81f3\u904e\u53bb10\u5e74\u7684\u5e73\u5747\u6c34\u5e73\uff0c\u8f03\u9ad8\u7684\u901a\u8139\u4ee5\u53ca\u5229\u7387\u5c07\u6210\u70ba\u65b0\u7684\u5e38\u614b\u3002\u4f4e\u5229\u7387\u63a8\u9ad8\u8cc7\u7522\u50f9\u683c\uff0c\u53cd\u4e4b\u4ea6\u7136\uff0c\u800c\u73fe\u5728\u6211\u5011\u5c31\u8655\u65bc\u5f8c\u4e00\u500b\u6642\u671f\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

8\u6708\u4e4b\u524d\uff0c\u7f8e\u570b\u80a1\u5e02\u9ad8\u6b4c\u731b\u9032\u3002\u4eca\u5e74\u524d7\u500b\u6708\uff0c\u6a19\u666e500\u6307\u6578\u4e0a\u6f3221%\uff0c\u6295\u8cc7\u8005\u7d1b\u7d1b\u6e67\u5165\u80a1\u5e02\uff0c\u83ef\u723e\u8857\u4e5f\u6f38\u6f38\u6de1\u5316\u7d93\u6fdf\u8870 […]<\/p>\n","protected":false},"author":27,"featured_media":403016,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431],"tags":[1788,2132,2165,2001],"class_list":{"0":"post-470362","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-1522","8":"category-trends-strategies-zh-hant","9":"tag-1788","10":"tag-2132","11":"tag--zh-hant","13":"sectors--zh-hant","14":"sectors-technology-zh-hant","15":"locations-us-zh-hant","16":"exchange-nasdaq-zh-hant","17":"exchange-nyse-zh-hant"},"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/470362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=470362"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/470362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/403016"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=470362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=470362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=470362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}