{"id":577741,"date":"2025-05-29T21:32:51","date_gmt":"2025-05-30T04:32:51","guid":{"rendered":"https:\/\/nai500.com\/?p=577741"},"modified":"2025-05-29T21:32:51","modified_gmt":"2025-05-30T04:32:51","slug":"%e5%84%84%e8%90%ac-%e5%af%8c%e8%b1%aa-%e7%b4%ae%e5%a0%86-%e8%b2%b7%e5%85%a5-%e7%be%8e%e8%82%a1-%e7%a7%91%e6%8a%80%e8%82%a1","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/05\/%e5%84%84%e8%90%ac-%e5%af%8c%e8%b1%aa-%e7%b4%ae%e5%a0%86-%e8%b2%b7%e5%85%a5-%e7%be%8e%e8%82%a1-%e7%a7%91%e6%8a%80%e8%82%a1\/","title":{"rendered":"\u5104\u842c\u5bcc\u8c6a\u7d2e\u5806\u8cb7\u5165\u9019\u53ea\u7f8e\u80a1\u79d1\u6280\u80a1\u91cb\u653e\u4e86\u4ec0\u9ebc\u4fe1\u865f\uff1f\uff08\u4e0d\u662f\u82f1\u5049\u9054\uff09"},"content":{"rendered":"<p>\u7b2c\u4e00\u5b63\u5ea613F\u6587\u4ef6\u986f\u793a\uff0c\u5c0d\u6c96\u57fa\u91d1\u5de8\u982dCoatue Management\u7684Philippe Laffont\u3001\u8001\u864e\u74b0\u7403\u7ba1\u7406\u516c\u53f8\u7684Chase Coleman\u3001Terry Smith\uff08\u201c\u82f1\u570b\u5df4\u83f2\u7279\u201d\uff09\u548c\u5b64\u677e\u8cc7\u672c\u7684Stephen Mandel\u6b63\u5728\u540c\u6642\u6301\u6709\u4e00\u53ea\u81eaIPO\u4ee5\u4f86\u7d2f\u8a08\u6f32\u5e45\u90541570%\u7684\u7f8e\u570b\u79d1\u6280\u80a1\u3002\u6c92\u932f\uff0c\u5c31\u662f<strong><b>Meta Platforms<\/b><\/strong>\u00a0<strong><b>(<\/b><\/strong><a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=META\"><strong><b>META<\/b><\/strong><\/a><strong><b>)<\/b><\/strong><strong><b>\u3002<\/b><\/strong><\/p>\n<p>\u622a\u81f313F\u62ab\u9732\u65e5\uff0c\u6309\u5e02\u503c\u8a08\u7b97\uff0cMeta\u986f\u7136\u662f\u9019\u56db\u4f4d\u5104\u842c\u5bcc\u8c6a\u6295\u8cc7\u8005\u5404\u81ea\u57fa\u91d1\u4e2d\u7684\u7b2c\u4e00\u91cd\u5009\u80a1\uff0c\u5728\u56db\u5bb6\u57fa\u91d1\u7684\u6301\u5009\u5360\u6bd4\u5206\u5225\u70ba\uff1aCoatue Management\u6301\u67099.55%\uff1b\u8001\u864e\u74b0\u7403\u57fa\u91d1\u6301\u670916.18%\uff1bFundsmith\u6301\u670910.19%\uff1b\u5b64\u677e\u8cc7\u672c\u6301\u67098.75%\u3002<\/p>\n<p>Meta\u80a1\u7968\u5177\u5099\u7368\u7279\u7684\u7af6\u722d\u512a\u52e2\uff0c\u9996\u5148\uff0c2025\u5e743\u6708\uff0cMeta\u65d7\u4e0bFacebook\u3001WhatsApp\u3001Instagram\u7b49\u61c9\u7528\u65e5\u5747\u6d3b\u8e8d\u7528\u6236\u905434.3\u5104\uff0c\u7121\u53ef\u5339\u6575\u7684\u7528\u6236\u898f\u6a21\u8ce6\u4e88\u5176\u8d85\u5f37\u5ee3\u544a\u5b9a\u50f9\u6b0a\u3002\u5176\u6b21\uff0c\u8a72\u516c\u53f8\u64c1\u6709\u5f37\u5927\u7684\u97cc\u6027\u3002Meta\u768498%\u71df\u6536\u4f86\u81ea\u5ee3\u544a\uff0c\u800c\u7f8e\u570b\u7d93\u6fdf\u64f4\u5f35\u5468\u671f\u901a\u5e38\u9060\u9577\u65bc\u8870\u9000\u671f\uff0c\u9019\u7a2e\u7279\u6027\u4fdd\u969c\u4e86Meta\u9577\u671f\u76c8\u5229\u80fd\u529b\u3002<\/p>\n<p>\u5728\u4eba\u5de5\u667a\u80fd\u548c\u5143\u5b87\u5b99\u5e03\u5c40\u65b9\u9762\uff0c\u9664\u5c07\u751f\u6210\u5f0fAI\u61c9\u7528\u65bc\u5ee3\u544a\u7cbe\u51c6\u63a8\u9001\u5916\uff0cMeta\u6301\u7e8c\u91cd\u91d1\u6295\u5165\u5143\u5b87\u5b99\u5efa\u8a2d\uff0cCEO\u7d2e\u514b\u4f2f\u683c\u4ee5\u64c5\u9577\u628a\u63e1\u5275\u65b0\u8b8a\u73fe\u6642\u6a5f\u800c\u51fa\u540d\u3002\u8a72\u516c\u53f8\u7684\u8ca1\u52d9\u72c0\u6cc1\u4e5f\u975e\u5e38\u597d\uff0c\u622a\u81f33\u6708\u5e95\u6301\u6709\u8d85700\u5104\u7f8e\u5143\u73fe\u91d1\u53ca\u7b49\u50f9\u7269\uff0c\u4e00\u5b63\u5ea6\u904b\u71df\u73fe\u91d1\u6d41\u9054240\u5104\u7f8e\u5143\uff0c\u70ba\u9ad8\u589e\u9577\u9818\u57df\u6295\u8cc7\u63d0\u4f9b\u5145\u8db3\u5f48\u85e5\u3002<\/p>\n<p>\u66f4\u91cd\u8981\u7684\u662f\uff0c\u76e1\u7ba1\u696d\u7e3e\u6301\u7e8c\u589e\u9577\uff0cMeta\u7576\u524d22\u500d\u524d\u77bb\u5e02\u76c8\u7387\u5728\u201c\u4e03\u5de8\u982d\u201d\u4e2d\u4ecd\u5177\u6027\u50f9\u6bd4\u3002<\/p>\n<p>\u4e0a\u6708\uff0cMeta\u80a1\u50f9\u98c6\u5347\u66fe\u5e6b\u52a9CEO\u7d2e\u514b\u4f2f\u683c\u8d85\u8d8a\u7279\u65af\u62c9\u7684\u99ac\u65af\u514b\uff0c\u6210\u70ba\u5168\u7403\u7b2c\u4e09\u5927\u5bcc\u8c6a\u3002\u6839\u64da\u5f6d\u535a\u793e\u7684\u6578\u64da\uff0c\u7d2e\u514b\u4f2f\u683c\u7684\u6de8\u8cc7\u7522\u57284\u6708\u4e2d\u65ec\u56e0Meta\u80a1\u50f9\u4e0a\u6f32\u5df2\u9054\u52301750\u5104\u7f8e\u5143\uff0c\u800c\u7576\u6642\u56e0\u70ba\u7279\u65af\u62c9\u80a1\u50f9\u527552\u5468\u65b0\u4f4e\uff0c\u5c0e\u81f4\u99ac\u65af\u514b\u7684\u8eab\u5bb6\u964d\u81f31740\u5104\u7f8e\u5143\u3002<\/p>\n<p>\u672c\u5468\uff0c\u7f8e\u570b\u6700\u5927\u7684\u990a\u8001\u57fa\u91d1 \u2014\u2014 \u52a0\u5dde\u516c\u5171\u96c7\u54e1\u9000\u4f11\u7cfb\u7d71\uff08CalPERS\uff09\u5728\u4eca\u5e74\u7b2c\u4e00\u5b63\u5ea6\u505a\u51fa\u91cd\u5927\u6295\u8cc7\u8abf\u6574\uff0c\u5927\u5e45\u62cb\u552e<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=AAPL\">\u860b\u679c\u516c\u53f8<\/a>\u80a1\u7968\u3002\u540c\u6642\uff0c\u8a72\u57fa\u91d1\u7b2c\u4e00\u5b63\u5ea6\u65b0\u589e\u8cfc\u8cb7Meta\u80a1\u7968\uff0c\u7e3d\u6301\u5009\u63d0\u5347\u81f3550\u842c\u80a1\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7b2c\u4e00\u5b63\u5ea613F\u6587\u4ef6\u986f\u793a\uff0c\u5c0d\u6c96\u57fa\u91d1\u5de8\u982dCoatue Management\u7684Philippe Laffont\u3001\u8001\u864e [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":550411,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522],"tags":[675,2126,1677,2001],"class_list":{"0":"post-577741","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-1522","8":"tag--zh-hant","10":"tag-technology-zh-hant","12":"sectors-technology-zh-hant","13":"locations-us-zh-hant","14":"exchange-nasdaq-zh-hant"},"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/577741","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\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=577741"}],"version-history":[{"count":4,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/577741\/revisions"}],"predecessor-version":[{"id":577746,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/577741\/revisions\/577746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/550411"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=577741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=577741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=577741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}