{"id":7899,"date":"2007-11-21T02:32:49","date_gmt":"2007-11-20T18:32:49","guid":{"rendered":"http:\/\/www.izaax.net\/blog\/?p=7899"},"modified":"2024-10-03T04:52:09","modified_gmt":"2024-10-02T20:52:09","slug":"the-myth-of-market-%e5%b8%82%e5%a0%b4%e8%bf%b7%e6%80%9d","status":"publish","type":"post","link":"https:\/\/www.izaax.net\/blog\/?p=7899","title":{"rendered":"\u300cPTT\u300dThe Myth of Market \u5e02\u5834\u8ff7\u601d"},"content":{"rendered":"<p><span style=\"color: #ff0000;\"><strong>\u539f\u6587\u5b8c\u6210\u6642\u9593\uff1a2007\/11\/21 \u65bcPTT\u57fa\u91d1\u7248(FUND)<\/strong><\/span><\/p>\n<p>\u525b\u525b\u9084\u6c92\u6253\u5b8c\u5c31\u6309po\u6587<br \/>\n\u7136\u5f8c\u5fd8\u8a18\u8907\u88fd\u53c8\u780d\u63890rz<br \/>\n\u6240\u4ee5\u958b\u982d\u672c\u4f86\u6709\u4e00\u6bb5\u9060\u7684\u8981\u6b7b\u738b\u570b\u548c\u6d77\u8cca\u738b\u7684\u611b\u6068\u60c5\u4ec7\u5f15\u8a00\u6545\u4e8b\u5c31\u5148\u7701\u7565\u4e86<br \/>\n\u6709\u7a7a\u5728\u8b1b \u53cd\u6b63\u672c\u6587\u6bd4\u8f03\u91cd\u8981XD<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<p>\u6211\u5f88\u559c\u6b61myth\u9019\u500b\u5b57<br \/>\n\u4ed6\u4e00\u65b9\u9762\u6709\u795e\u8a71\u7684\u610f\u601d \u53e6\u4e00\u65b9\u9762\u53c8\u5e36\u8457\u4eba\u4e00\u5ec2\u60c5\u9858\u7684\u8ff7\u601d<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<\/p>\n<p>The Myth of Market<br \/>\n\u5e02\u5834\u8ff7\u601d<\/p>\n<p>\u6ce1\u6cab\u8981\u80fd\u5920\u4e0d\u7834\u6ec5 \u6191\u85c9\u7684\u662f\u4ec0\u9ebc?<br \/>\n\u6709\u4e9b\u4eba\u8aaa &#8220;\u71b1\u9322&#8221; &#8220;\u4fe1\u5fc3&#8221; &#8220;\u760b\u72c2&#8221; &#8220;\u6642\u6a5f&#8221; \u7b49\u7b49<br \/>\n\u6216\u8a31\u9019\u4e9b\u90fd\u662f\u5f88\u91cd\u8981\u7684\u7406\u7531 \u4f46\u662f\u6700\u91cd\u8981\u7684\u7406\u7531\u5176\u5be6\u662f<\/p>\n<p>&#8220;\u57fa\u672c\u9762&#8221;<\/p>\n<p>\u662f\u7684 \u4f60\u4e0d\u6703\u5728\u4efb\u4f55\u6ce1\u6cac\u5f62\u5851\u6642\u627e\u4e0d\u5230\u5805\u5be6\u57fa\u672c\u9762\u7684\u8a0a\u606f<br \/>\n\u6240\u6709\u7684\u597d\u6d88\u606f\u7e3d\u662f\u6703\u5c64\u51fa\u4e0d\u7aae<br \/>\n\u672a\u4f86\u7e3d\u662f\u4e00\u7247\u5149\u660e \u7e31\u4f7f\u6709\u5c0f\u969c\u7919\u4e5f\u4f3c\u4e4e\u4e0d\u5f71\u97ff\u5927\u5c40<br \/>\n\u7576\u6211\u5011\u770b\u597d\u4e00\u500b\u570b\u5bb6\u7684\u767c\u5c55\u6642<br \/>\n\u6211\u5011\u7e3d\u662f\u6703\u5bc4\u8207\u539a\u671b\u7684\u671f\u5f85\u5176\u80a1\u5e02\u8207\u623f\u5730\u7522\u767c\u5c55<br \/>\n\u800c\u5728\u6ce1\u6cab\u9010\u6b65\u64f4\u6563\u7684\u540c\u6642<br \/>\n\u6212\u5fc3\u4e5f\u9010\u6f38\u6d88\u5931<br \/>\n\u6216\u662f\u6703\u88ab\u5c0d\u672a\u4f86\u66f4\u5927\u7684\u671f\u5f85\u6240\u99d5\u99ad<br \/>\n\u9010\u6b65\u52a0\u78bc \u9022\u4f4e\u52a0\u78bc<br \/>\n\u56e0\u70ba\u6211\u5011\u770b\u597d\u5176\u672a\u4f86&#8230;.<\/p>\n<p>\u800c\u6700\u5f8c\u7684\u7834\u6ec5 \u5c31\u662f\u7576\u725b\u76ae\u5728\u4e5f\u5439\u4e0d\u4e0b\u53bb \u570b\u738b\u7684\u65b0\u8863\u88ab\u63ed\u7a7f&#8230;<\/p>\n<p>\u6055\u6211\u76f4\u8a00 \u6211\u7121\u610f\u5531\u8870\u5404\u570b\u6216\u7279\u5b9a\u6a19\u7684\u7684\u672a\u4f86\u6027<br \/>\n\u6211\u5728\u4e4e\u7684\u53ea\u662f \u6b64\u6a19\u7684\u662f\u5426&#8221;\u7b26\u5408\u5176\u8a72\u6709\u7684\u8eab\u50f9&#8221;?<br \/>\n\u6709\u5149\u660e\u672a\u4f86\u7684\u5730\u5340\u53ef\u4ee5\u6ea2\u50f9 \u4f46\u4e0d\u80fd\u6f2b\u5929\u558a\u50f9<\/p>\n<p>\u5371\u96aa\u6307\u6a19<br \/>\n(\u8acb\u642d\u914d\u672c\u7248\u658716631\u670d\u7528 \u90a3\u6587\u96d6\u662f\u5371\u8a00\u8073\u807d \u64cd\u4f5c\u7406\u8ad6\u537b\u662f\u5047\u4e0d\u4e86)<\/p>\n<p>1.\u532f\u7387\u5347\u8d8a\u591a<br \/>\n2.\u69ae\u666f\u5927\u5e45\u4f9d\u8cf4\u65bc\u7926\u7522\u8207\u80fd\u6e90\u5229\u76ca<br \/>\n3.\u80a1\u5e02\u8207\u8d77\u6f32\u9ede\u6f32\u5e45\u6bd4\u8f03<br \/>\n4.\u623f\u5730\u7522\u975e\u9700\u6c42\u9762\u7092\u4f5c\u6c23\u6c1b\u904e\u6fc3<br \/>\n5.\u5167\u9700\u5360GDP\u6bd4\u91cd\u6c92\u6709\u986f\u8457\u63d0\u5347 \u7136\u5f8c\u4e0b\u9762\u7b2c\u516d\u9ede\u6700\u91cd\u8981<br \/>\n6.\u5916\u8cc7(\u6216\u71b1\u9322)\u6295\u5165\u662f\u5426\u6709\u5230\u7522\u696d\u9762,\u9084\u662f\u50c5\u6b62\u65bc\u6295\u6a5f\u5e02\u5834?<\/p>\n<p>1. \u9670\u8b00\u8ad6\u8005\u61c9\u8a72\u90fd\u6703\u77e5\u9053\u6211\u8aaa\u4ec0\u9ebc<br \/>\n\u7406\u8ad6\u4e0a\u532f\u7387\u82e5\u662f\u7b26\u5408\u57fa\u672c\u9762\u7684\u7de9\u5347\u7d55\u975e\u58de\u4e8b<br \/>\n\u4f46\u662f&#8221;\u731b\u5347&#8221; &#8220;\u9661\u5347:\u7d55\u5c0d\u4e0d\u662f\u597d\u4e8b<br \/>\n\u82e5\u5347\u503c\u70ba\u53cd\u61c9\u57fa\u672c\u9762 \u5247\u52d5\u8f1210%~15%\u7684\u5347\u503c\u5e45\u5ea6\u83ab\u975e\u4ee3\u8868\u77ed\u671f\u5167\u9019\u4e9b\u570b\u5bb6<br \/>\n\u7a81\u7136\u5403\u4e86\u5a01\u800c\u92fc\u7d93\u6fdf\u57fa\u672c\u9762\u4e00\u98db\u6c96\u5929?<br \/>\n\u800c\u82e5\u662f\u53cd\u61c9\u9577\u671f\u4f4e\u4f30\u7684\u532f\u7387<br \/>\n\u90a3\u6211\u5011\u5f97\u554f: \u4e8b\u51fa\u5fc5\u6709\u56e0 \u7576\u521d\u4f4e\u4f30\u7684\u539f\u56e0\u70ba\u4f55? \u4eca\u5929\u662f\u5426\u5df2\u7d93\u4e0d\u5b58\u5728?<br \/>\n\u662f\u7d93\u6fdf\u57fa\u672c\u9762\u7684\u5f31\u9ede\u4e0d\u5f97\u4e0d\u7136\u7684\u8003\u91cf? \u9084\u662f\u53e6\u6709\u539f\u56e0?<\/p>\n<p>\u5f9e\u6b77\u53f2\u4e0a\u7684\u4f8b\u5b50\u4f86\u770b \u532f\u7387\u5feb\u901f\u7684\u8b8a\u5316\u5f88\u5c11\u6709\u597d\u4e8b\u767c\u751f<br \/>\n\u5176\u591a\u534a\u4ee3\u8868\u653f\u6cbb\u4e0a\u7684\u4eba\u70ba\u91dc\u947f \u6216\u662f\u71b1\u9322\u7684\u523b\u610f\u64cd\u5f04<br \/>\n\u800c\u653f\u6cbb&#8230;\u7d42\u7a76\u662f\u7121\u6cd5\u53d6\u4ee3\u5e02\u5834\u529b\u91cf\u7684 \u8acb\u8b39\u8a18<br \/>\n\u800c\u71b1\u9322\u5e36\u4f86\u7684\u66f4\u662f\u6c92\u6709\u597d\u4e0b\u5834&#8230;<br \/>\n\u7c21\u55ae\u7684\u8aaa \u532f\u7387\u5347\u8d8a\u591a\u5c31\u7d2f\u7a4d\u4e86\u8d8a\u591a\u7684\u7a7a\u982d\u90e8\u4f4d<br \/>\n\u672a\u4f86\u53cd\u566c\u6642\u6703\u76f8\u7576\u731b\u70c8<\/p>\n<p>p.s.<br \/>\n\u6709\u6ce8\u610f\u9019\u5e7e\u5929\u65b0\u805e\u7684\u4e00\u5b9a\u53ef\u4ee5\u6ce8\u610f\u5230\u570b\u969b\u8ca8\u5e63\u7684\u6fc0\u70c8\u89d2\u529b<br \/>\n\u6b50\u6d32\u9010\u6f38\u63d0\u9ad8\u5c0d\u65bc\u7f8e\u5143\u548c\u4eba\u6c11\u5e63\u4f4e\u4f30\u7684\u4e0d\u8010<br \/>\n\u70ba\u4e86\u8f49\u79fb\u7126\u9ede \u5927\u9678\u65e5\u524d\u9806\u6c34\u63a8\u821f\u7531\u4eba\u884c\u8463\u5ea7\u5ba3\u793a\u5f37\u70c8\u652f\u6301\u5f37\u52e2\u7f8e\u5143<br \/>\n(\u8001\u7f8e\u7576\u7136\u662f\u7e7c\u7e8c\u7f75\u554a\u5171\u64cd\u5f04\u4eba\u6c11\u5e63)<br \/>\n\u800c\u9806\u52e2\u5e36\u52d5\u7f8e\u5143\u4e00\u6ce2\u56de\u5347\u8d70\u52e2<br \/>\n\u7136\u5f8c\u5f88\u4e0d\u5de7\u7684 \u9019\u5169\u5929opec\u5c31\u4e0d\u5c0f\u5fc3&#8221;\u6280\u8853\u6027&#8221;\u6d29\u6f0f\u4e86\u6703\u54e1\u8a0e\u8ad6\u7f8e\u5143\u8b70\u984c\u7684\u722d\u7aef<br \/>\n\u9084\u628a\u662f\u5426\u8981\u76ef\u4e00\u7c43\u5b50\u8ca8\u5e63\u7aef\u4e0a\u8a0e\u8ad6<br \/>\n\u65bc\u662f\u7f8e\u5143\u53c8\u958b\u59cb\u8edf\u4e86<br \/>\n\u4e2d\u7f8e\u6b50\u89d2\u529b \u8a6d\u8b4e\u591a\u8b8a \u6bd4\u9023\u7e8c\u5287\u9084\u7cbe\u91c7<br \/>\n\u4e0d\u904e\u4ed6\u5011\u722d\u8ad6\u7684\u53ef\u4e0d\u662f\u5927\u5bb6\u60f3\u8981\u7684&#8221;\u5347\u503c&#8221;:P<br \/>\n\u5927\u5bb6\u90fd\u4e0d\u60f3\u5347\u503c \u5176\u4e2d\u7b87\u4e2d\u539f\u56e0\u70ba\u4f55 \u81ea\u5df1\u63a8\u6572~~<br \/>\n\u76ee\u524d\u5c31\u6211\u4f86\u770b \u7f8e\u4e2d\u4e26\u5217\u6700\u5927\u8d0f\u5bb6 \u5269\u4e0b\u7684\u90fd&#8230;\u4e00\u6a23\u6158<br \/>\ntime will tell&#8230;<\/p>\n<p>2.\u80a1\u5e02\u8207\u8d77\u6f32\u9ede\u6f32\u5e45\u6bd4\u8f03<\/p>\n<p>\u5f88\u591a\u4eba\u6703\u72af\u7684\u4e00\u500b\u8ff7\u601d\u5c31\u662f<br \/>\na. \u5982\u679c\u770b\u597d\u67d0\u570b\u5bb6 \u5c31\u8a8d\u70ba\u5176\u80a1\u5e02\u5fc5\u5b9a\u96de\u72ac\u5347\u5929\u6c38\u9060\u50cf\u4e0a<br \/>\n\u4e8b\u5be6\u4e0a\u570b\u5bb6\u767c\u5c55\u53ef\u4ee5\u9577\u671f\u7dad\u6301\u5f37\u52e2\u767c\u5c55 \u80a1\u5e02\u537b\u7d55\u7121\u53ef\u80fd\u6c38\u9060\u5411\u4e0a<br \/>\n\u53f0\u7063\u572870~90\u5e74\u4ee3\u6bcf\u5e74\u7684\u7d93\u6fdf\u6210\u9577\u76f8\u53bb\u4e0d\u6703\u592a\u9060<br \/>\n\u80a1\u5e02\u537b\u662f\u6709\u9ad8\u6709\u4f4e \u4e0a\u4e0b\u8d77\u4f0f\u53ef\u662f\u5927\u6709\u7a7a\u9593<br \/>\n\u4e2d\u570b\u7d93\u6fdf\u9ad8\u901f\u589e\u9577\u4e5f\u4e0d\u662f\u4e00\u5e74\u5169\u5e74\u7684\u4e8b\u4e86<br \/>\n\u5230\u9019\u5169\u5e74\u80a1\u5e02\u624d\u5927\u5e45\u98c6\u6f32 \u82e5\u8aaa\u6c92\u6ce1\u6cab\u5f88\u96e3\u4ee4\u4eba\u7f6e\u4fe1<br \/>\n\u4ee4\u4eba\u64d4\u6182\u7684\u662f \u5168\u7403\u5e7e\u4e4e\u540c\u6642\u90fd\u51fa\u73fe\u4e86\u985e\u4f3c\u7684\u6ce1\u6cab<br \/>\n\u96e3\u9053\u5168\u7403\u7684\u7d93\u6fdf\u90fd\u5728\u9019\u5e7e\u5e74\u5927\u5e45\u589e\u9577\u55ce?<br \/>\n\u6c92\u6709 \u5168\u7403\u6210\u9577\u7684\u57fa\u8abf\u9084\u662f\u975e\u5e38\u7684\u8e0f\u5be6\u7dad\u6301\u57283~4%\u5e74\u589e\u9577\u7387<br \/>\n\u7684\u78ba \u5177\u6709\u57fa\u672c\u9762\u7684\u50f9\u503c\u4e0d\u6703\u6d88\u5931 \u4f46\u537b\u6709\u53ef\u80fd\u9ad8\u4f30<\/p>\n<p>\u53e6\u4e00\u500b\u5bb9\u6613\u72af\u7684\u8ff7\u601d\u5c31\u662f<\/p>\n<p>b.\u904e\u65bc\u770b\u91cd\u80a1\u5e02\u5c0d\u65bc&#8221;\u7d93\u6fdf&#8221;\u6574\u9ad4\u7684\u5f71\u97ff\u529b\u4e86<br \/>\n\u597d\u50cf\u5d29\u76e4\u4e86\u5927\u5bb6\u751f\u6d3b\u5c31\u904e\u4e0d\u4e0b\u53bb\u4e86<br \/>\n\u653f\u5e9c\u4e00\u5b9a\u8981\u51fa\u4f86\u62ef\u6551\u4e16\u4eba<br \/>\n\u4e8b\u5be6\u4e0a \u65e5\u5b50\u9084\u662f\u8981\u904e 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\/>\n\u9019\u4e5f\u5c31\u662f\u4e0b\u4e00\u9ede\u7684\u6700\u5927\u91cd\u8981\u6027<\/p>\n<p>3.\u5916\u8cc7(\u6216\u71b1\u9322)\u6295\u5165\u662f\u5426\u6709\u5230\u7522\u696d\u9762,\u9084\u662f\u50c5\u6b62\u65bc\u6295\u6a5f\u5e02\u5834?<br \/>\n\u4f60\u6709\u591a\u4e45\u6c92\u6709\u770b\u5230 &#8220;\u8a2d\u5ee0&#8221; &#8220;\u7814\u767c&#8221; &#8220;\u62d3\u9ede&#8221; \u7b49\u95dc\u9375\u5b57\u4e86?<br \/>\n\u9084\u662f\u66f4\u591a\u5730\u770b\u5230&#8221;\u4f75\u8cfc&#8221;&#8221;\u79c1\u52df&#8221;&#8221;\u8cc7\u91d1&#8221;&#8221;\u6f32\u5e45&#8221;&#8230;?<br \/>\n\u4e0d\u8981\u61f7\u7591 \u56e0\u70ba\u4f60\u4f86\u5230\u4e86\u4e00\u500b&#8221;\u4e0d\u8e0f\u5be6&#8221;\u8cfa\u9322\u6bd4\u8f03\u5feb\u7684\u5e74\u4ee3<br \/>\n\u800c\u9019\u6a23\u7684\u5834\u666f\u4e0d\u6703\u6301\u4e45<br \/>\n\u8ca1\u5bcc\u9084\u662f\u53ea\u6709\u8173\u8e0f\u5be6\u5730\u4e00\u91dd\u4e00\u74e6\u8015\u8018\u4f86\u7684\u624d\u6703\u9577\u4e45<br \/>\n\u800c\u5438\u6536\u6700\u591a\u8207\u751f\u7522\u6216\u6d88\u8cbb\u7121\u95dc\u7684\u71b1\u9322\u4e4b\u570b\u5bb6\u5c07\u6703\u96b1\u542b\u6700\u5927\u7684\u6ce1\u6cab\u5371\u6a5f<\/p>\n<p>4.\u69ae\u666f\u5927\u5e45\u4f9d\u8cf4\u65bc\u7926\u7522\u8207\u80fd\u6e90\u5229\u76ca<br \/>\n\u6c34\u80fd\u8f09\u821f \u4ea6\u80fd\u8986\u821f<br \/>\n\u59d1\u4e14\u4e0d\u8ad6\u5229\u6f64\u8c50\u539a\u7684\u539f\u7269\u6599\u5229\u76ca\u80fd\u5426\u9577\u671f\u7dad\u6301<br \/>\n\u6b64\u7a2e\u5982\u5438\u5927\u9ebb\u4f3c\u7684\u7d93\u6fdf\u6a21\u5f0f\u4e2d\u5c31\u6703\u5c0e\u81f4\u5176\u4ed6\u7522\u696d\u7684\u4e0d\u632f<br \/>\n\u56e0\u70ba\u9019\u7a2e\u9322\u8cfa\u7684\u592a\u5bb9\u6613\u4e86<br \/>\n\u6055\u6211\u76f4\u8a00 \u5df4\u897f\u548c\u4fc4\u570b\u7684\u7522\u696d \u9664\u4e86\u80fd\u6e90\u5de5\u696d\u5916<br \/>\n\u5176\u570b\u969b\u7af6\u722d\u529b\u548c10\u5e74\u524d\u76f8\u8f03\u5be6\u5728\u6c92\u6709\u591a\u5c11\u9577\u9032<br \/>\n\u9019\u4e5f\u662f\u6211\u8f03\u770b\u597d\u5370\u5ea6 \u4e2d\u570b\u6b21\u4e4b \u5df4\u4fc4\u8f03\u4e0d\u7406\u60f3\u7684\u539f\u56e0<br \/>\n\u76f8\u8f03\u4e4b\u4e0b\u5df4\u897f\u6703\u6bd4\u4fc4\u570b\u518d\u597d\u4e00\u9ede<br \/>\n\u7562\u7adf\u5df4\u897f\u7684\u5167\u9700\u7a0d\u5f37 \u4fc4\u570b\u5247\u56e0\u70ba\u4eba\u53e3\u7d50\u69cb\u5341\u5206\u4e0d\u7406\u60f3<br \/>\n\u5e7e\u4e4e\u8a3b\u5b9a\u5728\u539f\u7269\u6599\u5e02\u5834\u7372\u5229\u9ad8\u5cf0\u53cd\u8f49\u4e0b\u6ed1\u5f8c\u906d\u9047\u7d93\u6fdf\u56f0\u5883<\/p>\n<p>\u518d\u63d0\u4f9b\u53e6\u4e00\u500b\u89d2\u5ea6\u7684\u601d\u8003<br \/>\n\u4ee5\u80fd\u6e90\u548c\u7926\u7522\u70ba\u4e3b\u7684\u7d93\u6fdf\u9ad4 \u5176\u5be6\u5c31\u8a3b\u5b9a\u7121\u6cd5\u7ad9\u64da\u4e16\u754c\u8981\u89d2<br \/>\n\u56e0\u70ba\u6211\u5011\u77e5\u9053\u539f\u6599\u6c38\u9060\u4e0d\u6703\u6210\u70ba\u6700\u7d42\u7522\u54c1\u6700\u5927\u7684\u7372\u5229\u4f86\u6e90<br \/>\n\u82e5\u7121\u6cd5\u5c07\u539f\u7269\u6599\u8cc7\u6e90\u8f49\u5316\u70ba\u81ea\u8eab\u7522\u696d\u7684\u5805\u5be6\u5be6\u529b(\u5982\u5de5\u696d\u9769\u547d\u7684\u82f1\u570b 20\u4e16\u7d00\u521d\u7684\u7f8e\u570b)<br \/>\n\u7d42\u7a76\u4e5f\u4e0d\u904e\u662f\u53e6\u985e\u7684\u5c0d\u5916\u8f38\u8840\u7f77\u4e86<\/p>\n<p>\u800c\u81f3\u5c11 \u76ee\u524d\u8de1\u8c61\u986f\u793a \u5df4\u4fc4\u5169\u570b\u9019\u672c\u4e8b\u90fd\u9084\u9060\u9060\u4e0d\u8db3<\/p>\n<p>5.\u623f\u5730\u7522<br \/>\n\u6709\u4eba\u63d0\u5230\u82f1\u570b<br \/>\n\u770b\u4e00\u500b\u6307\u6a19\u5c31\u597d\u4e86<br \/>\n\u7576\u4f60\u770b\u5230&#8221;\u502b\u6566\u4eba\u4e0d\u5403\u4e0d\u559dxx\u5e74\u4e5f\u8cb7\u4e0d\u8d77\u623f\u5b50&#8221;<br \/>\n\u90a3\u5c31\u662f\u904e\u71b1\u4e86<br \/>\n\u623f\u5730\u7522\u53ea\u8981\u62b5\u9054\u7d55\u5927\u591a\u6578\u4eba\u90fd\u8cb7\u4e0d\u8d77\u7684\u5730\u6b65 \u5c31\u7d42\u7a76\u8981\u56de\u6a94 \u4e0d\u6703\u6709\u4f8b\u5916<br \/>\n\u56e0\u70ba\u623f\u5b50\u662f&#8221;\u4eba&#8221;\u8981\u4f4f\u7684 \u4e0d\u662f\u64fa\u4f86\u597d\u770b\u7684<br \/>\n\u9664\u975e\u6240\u5f97\u85c9\u901a\u81a8\u5927\u5e45\u589e\u52a0\u8ffd\u4e0a\u623f\u50f9\u589e\u5e45 \u5426\u5247\u623f\u50f9\u5c31\u662f\u5f97\u4e0b\u4fee<br \/>\n(\u8a71\u8aaa10~20\u5e74\u524d\u53f0\u7063\u4e4b\u524d\u623f\u5730\u7522\u71b1\u7684\u6642\u5019\u4e5f\u6709\u9019\u7a2e\u60c5\u5f62:p)<br \/>\n\u5c31\u7b97\u6709\u5916\u570b\u79fb\u6c11 \u5916\u570b\u79fb\u6c11\u4e0d\u6703\u6c38\u7121\u6b62\u76e1<br \/>\n\u66f4\u4f55\u6cc1\u5916\u570b\u79fb\u6c11\u5c0d\u65bc\u623f\u50f9\u7684\u98c6\u6f32\u63a5\u53d7\u5ea6\u4ecd\u6709\u5176\u6975\u9650<br \/>\n\u53ef\u4ee5\u7528\u8173\u6295\u7968\u4f86\u82f1\u570b \u7576\u7372\u5229\u8c50\u539a\u6642\u4e5f\u53ef\u4ee5\u96e2\u958b\u53e6\u8993\u4f4e\u4f30\u7684\u6a19\u7684<\/p>\n<p>6.\u5167\u9700\u91cd\u8981\u6027\u7684\u554f\u984c\u4e4b\u524d\u6587\u7ae0\u6709\u63d0\u904e<br \/>\n\u5c31\u4e0d\u91cd\u8ff0\u4e86 \u7e3d\u4e4b\u90a3\u4e9b\u660e\u660e\u6975\u7aef\u4f9d\u8cf4\u51fa\u53e3<br \/>\n\u8ca8\u5e63\u537b\u53c8\u5f88\u4e0d\u77e5\u6b7b\u6d3b\u5927\u5347\u7279\u5347\u7684\u570b\u5bb6\u8981\u5c0f\u5fc3\u4e86<\/p>\n<p>\u63d0\u793a:\u65b0\u52a0\u5761\u7b2c\u4e09\u5b63\u7684\u7d93\u6fdf\u6210\u9577\u7387\u662f\u500b\u8b66\u8a0a<br \/>\n\u800c\u65b0\u52a0\u5761\u5c31\u6211\u500b\u4eba\u8a55\u4f30\u662f\u6771\u5357\u4e9e\u9664\u8d8a\u5357\u5916\u5c07\u6700\u4e0d\u53d7\u6b64\u6ce1\u6cab\u5371\u6a5f\u5f71\u97ff\u7684\u570b\u5bb6<br \/>\n\u5176\u4ed6\u570b\u5bb6\u53ef\u60f3\u800c\u77e5<br \/>\n\u5148\u8e66\u51fa\u554f\u984c\u7684\u4e0d\u898b\u5f97\u662f\u554f\u984c\u6700\u56b4\u91cd\u7684 \u597d\u6232\u5f80\u5f80\u5728\u5f8c\u982d&#8230;<br \/>\n(\u6709\u6697\u793a&#8230;\u81ea\u884c\u9ad4\u6703\u5566XD)<\/p>\n<p>\u7bc7\u5e45\u6709\u9650<br \/>\n\u5148\u5beb\u5230\u9019\u88e1\u597d\u4e86<br \/>\n\u611f\u89ba\u5beb\u7684\u975e\u5e38\u76ae\u6bdb<br \/>\n\u5176\u5be6\u6bcf\u500b\u570b\u5bb6\u90fd\u6709\u5176\u975e\u5e38\u6df1\u5165\u7684\u554f\u984c<br \/>\n\u771f\u8981\u5206\u6790\u6bcf\u500b\u570b\u5bb6\u90fd\u53ef\u4ee5\u5beb\u76f8\u7576\u591a<br \/>\n\u59d1\u4e14\u53c3\u8003\u5566~<\/p>\n<p>\u53e6\u5916 \u6709\u500b\u5c0f\u5c0f\u7684\u6dfa\u898b\u60f3\u8ddf\u5927\u5bb6\u5206\u4eab&#8230;<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<\/p>\n<p>\u4e0d\u8981\u53bb\u60f3\u8aaa\u67d0\u500b\u6f32\u5f88\u591a\u7684\u6a19\u7684\u6703\u4e0d\u6703\u518d\u6f32<\/p>\n<p>\u4e26\u627e\u4e00\u5927\u5806\u7406\u7531\u4f86\u8aaa\u670d\u81ea\u5df1\u9032\u5834<\/p>\n<p>\u800c\u662f\u8981\u52aa\u529b\u53bb\u627e\u627e\u770b\u6709\u6c92\u6709\u4ec0\u9ebc\u4f4e\u4f30\u7684\u6a19\u7684<\/p>\n<p>\u5982\u679c\u767c\u73fe\u627e\u4e86\u5f88\u4e45\u537b\u90fd\u627e\u4e0d\u5230\u7684\u8a71&#8230;..<\/p>\n<p>\u4e0d\u8981\u627e\u4e86&#8230;.<\/p>\n<p>\u4ee3\u8868\u90fd\u592a\u8cb4\u4e86=.=<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<\/p>\n<p>\u6301\u76c8\u4fdd\u6cf0 \u8ced\u9019\u6700\u5f8c\u7684\u5e7e%\u6c92\u610f\u601d<\/p>\n<p>\u6fc0\u60c5\u7121\u9650 \u4f46\u80fd\u5f9e\u5bb9\u9000\u5834\u53c8\u6709\u5e7e\u4f4d?<\/p>\n<p>\u7559\u5f97\u9752\u5c71\u5728 \u672a\u4f86\u624d\u80fd\u9022\u4f4e\u52a0\u78bc\u8cfa\u5927\u6524\u7684<\/p>\n<p>\u7a7a\u982d\u5e02\u5834 \u80fd\u6709\u7a69\u5b9a\u7372\u5229\u662f\u6700\u9ad8\u62db<\/p>\n<p>\u505a\u4e0d\u5230\u7684\u8a71 \u81f3\u5c11\u4e5f\u8981\u505a\u5230\u4e0d\u640d\u5143\u6c23<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<p>\u6c42\u6c42\u67d0\u4eba \u4e0d\u8981\u518d\u5bc4\u4fe1\u4f86\u7f75\u6211\u4e86= =<\/p>\n<p>\u6211\u6c92\u6709\u770b\u8870\u7279\u5b9a\u570b\u5bb6\u5566\uff5e \u5341\u5e74\u4e00\u8f2a \u597d\u58de\u7167\u8f2a \u6c92\u807d\u904e\u55ce?<\/p>\n<p>\u6211\u53ea\u662f\u5acc\u4ed6\u5011\u8cb4\u4e86 \u5acc\u8ca8\u624d\u662f\u8cb7\u8ca8\u4eba\u554a~~&gt; &lt;<\/p>\n<p>\u7b49\u5230\u4ed6\u5011\u672a\u4f86\u8981\u8c37\u5e95\u9a30\u5347\u7684\u6642\u5019\u6211\u4e00\u5b9a\u6703\u52a0\u78bc\u5566&#8230;\/___\\<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong>izaax<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>\u514d\u8cac\u8072\u660e<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>\u6b64\u8a55\u8ad6\u5305\u542b\u4e4b\u8cc7\u6599\u53ca\u610f\u898b\u50c5\u4f9b\u53c3\u8003\uff0c\u4efb\u4f55\u700f\u89bd\u7db2\u7ad9\u7684\u4eba\u58eb\uff0c\u9808\u81ea\u884c\u627f\u64d4\u4e00\u5207\u98a8\u96aa\uff0c\u672c\u8a55\u8ad6\u4e0d\u8ca0\u64d4\u76c8\u8667\u4e4b\u6cd5\u5f8b\u8cac\u4efb\u3002<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u539f\u6587\u5b8c\u6210\u6642\u9593\uff1a2007\/11\/21 \u65bcPTT\u57fa\u91d1\u7248(FUND) \u525b\u525b\u9084\u6c92\u6253\u5b8c\u5c31\u6309<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.izaax.net\/blog\/?p=7899\">\u95b1\u8b80\u66f4\u591a <span class=\"screen-reader-text\">\u300cPTT\u300dThe Myth of Market \u5e02\u5834\u8ff7\u601d<\/span><span class=\"meta-nav\"> &#8250;<\/span><\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-7899","post","type-post","status-publish","format-standard","hentry","category-11"],"_links":{"self":[{"href":"https:\/\/www.izaax.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.izaax.net\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.izaax.net\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.izaax.net\/blog\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.izaax.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7899"}],"version-history":[{"count":2,"href":"https:\/\/www.izaax.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7899\/revisions"}],"predecessor-version":[{"id":11776,"href":"https:\/\/www.izaax.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7899\/revisions\/11776"}],"wp:attachment":[{"href":"https:\/\/www.izaax.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.izaax.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.izaax.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}