{"id":3641,"date":"2025-08-25T17:19:43","date_gmt":"2025-08-25T09:19:43","guid":{"rendered":"https:\/\/ufqi.com\/blog\/?p=3641"},"modified":"2025-12-01T07:46:33","modified_gmt":"2025-11-30T23:46:33","slug":"favorable-investment-lessons","status":"publish","type":"post","link":"https:\/\/ufqi.com\/blog\/favorable-investment-lessons\/","title":{"rendered":"\u7cbe\u5999\u7684\u91d1\u878d\u901a\u8bc6\u8bfe: \u8bc1\u5238\u6295\u8d44\u518d\u8bba\u4f01\u4e1a\u5185\u5728\u4ef7\u503c"},"content":{"rendered":"\n<p>\u4e24\u5e74\u524d\u76842023\u5e744\u6708\uff0c\u6211\u4eec\u5728 UfqiBlog \u4e2d\u5199\u4e0b\u4e86\u300a<a href=\"https:\/\/ufqi.com\/blog\/warren-buffett-intrisic-business-value\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5199\u5199\u6c83\u4f26\u5df4\u83f2\u7279\u81f4\u80a1\u4e1c\u4fe1\u4e2d\u4f01\u4e1a\u7684\u5b9e\u9645\u5b9e\u8d28\u5185\u542b\u5185\u5728\u4ef7\u503c<\/a>\u300b\uff08 https:\/\/ufqi.com\/blog\/warren-buffett-intrisic-business-value\/ 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\/>\u6709\u4eba\u6570\u5e74\u53c2\u609f\u5f97\u9053\uff0c\u6709\u4eba\u6570\u5341\u5e74\u6478\u7d22\u5165\u95e8\uff0c\u6709\u4eba\u7ec8\u5176\u4e00\u751f\u5fd9\u5fd9\u788c\u788c\u7ec8\u4e0d\u89e3\u5176\u4e2d\u6df1\u610f\u3002<\/p>\n\n\n\n<p>\u4ef7\u503c\u6295\u8d44\u7684\u4f01\u4e1a\u5185\u5728\u4ef7\u503c\u9664\u4e86\u4e0a\u9762\u63d0\u5230\u7684 \u6298\u73b0\u672a\u6765\u73b0\u91d1\u6d41\u6cd5\u3001\u6e05\u7b97\u4ef7\u503c\u6cd5\uff0c\u8fd8\u6709\u7c7b\u6bd4\u6cd5\u2014\u2014\u5c06\u6807\u7684\u7269\u4e0e\u540c\u533a\u57df\u540c\u884c\u4e1a\u7684\u5176\u4ed6\u4f01\u4e1a\u505a\u5bf9\u6bd4\u5206\u6790\uff0c\u4ece\u800c\u786e\u5b9a\u4e00\u4e2a\u5927\u6982\u7684\u4f30\u503c\u3002<\/p>\n\n\n\n<p>\uff08 \u6e05\u7b97\u4ef7\u503c\u6cd5 \u6700\u65e9\u6765\u81ea \u6c83\u4f26\u5df4\u83f2\u7279 \u7684\u8001\u5e08 \u672c\u6770\u660e\u683c\u96f7\u59c6\uff0c\u5f53\u65f6\u79f0\u4e4b\u4e3a \u201c\u6361\u70df\u8482\u201d\uff0c\u4f46\u7ecf\u8fc7\u6c83\u4f26\u5df4\u83f2\u7279\u7684\u5b9e\u8df5\uff0c\u53d1\u73b0\u5e76\u4e0d\u6210\u529f\u3002 \u6240\u4ee5\u6709\u540e\u6765\u7684\u5347\u7ea7\u7248\u672c\uff0c\u6c83\u4f26\u5df4\u83f2\u7279\u5b81\u613f\u82b1\u8f83\u9ad8\u7684\u4ef7\u94b1\u4e70\u597d\u4e1c\u897f\uff0c\u4e5f\u4e0d\u56e0\u4e3a\u4fbf\u5b9c\u800c\u6361\u6f0f\u5783\u573e\u8d27\u3002\u636e\u8bf4\u6b64\u6539\u8fdb\u6765\u6e90\u4e8e\u6295\u8d44\u5927\u5e08 \u67e5\u7406\u8292\u683c\u3002\u6539\u8fdb\u7248\u672c\u7684\u6e05\u7b97\u4ef7\u503c\u6cd5\uff0c\u66f4\u52a0\u6ce8\u91cd\u73b0\u91d1\u6d41\u6216\u8005\u4f01\u4e1a\u62a4\u57ce\u6cb3\uff0c\u53ef\u6301\u7eed\u7684\u76c8\u5229\u3002<br \/><a href=\"https:\/\/ufqi.com\/news\/ulongpage.12977.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ufqi.com\/news\/ulongpage.12977.html<\/a>?tit=\u6c83\u4f26\u5df4\u83f2\u7279\u662f\u5982\u4f55\u4ece \u6361\u70df\u8482 \u8d70\u5411\u957f\u671f\u4ef7\u503c\u6295\u8d44\u7684?  \uff09<\/p>\n\n\n\n<p><strong>B2. \u4e2d\u56fd\u4f01\u4e1a\u4e3a\u4f55\u4e0d\u5206\u7ea2? \u6240\u6709\u6743 \u4e0e \u7ecf\u8425\u6743 \u4e25\u91cd\u5206\u79bb\u7684\u9053\u5fb7\u98ce\u9669<\/strong><\/p>\n\n\n\n<p>\u5173\u4e8e\u4e2d\u56fd\u4f01\u4e1a\uff0c\u6211\u4eec\u5728\u4e4b\u524d\u7684 UfqiBlog \u4e5f\u591a\u6b21\u63d0\u53ca\uff0c\u5c24\u5176\u8ba9\u4eba\u4e0d\u89e3\u7684\u662f\uff0c\u4e2d\u56fd\u80a1\u5e02\u5f88\u96be\u9760\u957f\u671f\u6301\u6709\u9760\u83b7\u5f97\u5206\u7ea2\u6536\u76ca\u8fdb\u884c\u6295\u8d44\u3002\u4e5f\u5c31\u662f\u8bf4\u4e2d\u56fd\u4e0a\u5e02\u4f01\u4e1a\u591a\u6570\u60c5\u51b5\u4e0b\u662f\u4e0d\u5206\u7ea2\u7684\uff0c\u8fd9\u662f\u5f88\u5947\u602a\u7684\u73b0\u8c61\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>\u5982\u679c\u4ece\u4ef7\u503c\u6295\u8d44\u57fa\u672c\u9762\u5206\u6790\u6765\u770b\uff0c\u591a\u6570\u516c\u53f8\u53ef\u80fd\u662f\u56fd\u6709\u5927\u4e2d\u578b\u516c\u53f8\uff0c\u672c\u8eab\u5c31\u662f\u534a\u884c\u653f\u6027\u8d28\u7684\u5e02\u573a\u4e3b\u4f53\uff0c\u76c8\u5229\u4e0d\u662f\u4e3b\u8981\u4efb\u52a1\uff0c\u653f\u6cbb\u6b63\u786e\u6c38\u8fdc\u662f\u7b2c\u4e00\u4f4d\u7684\u3002\u4f59\u4e0b\u7684\u6c11\u8425\u4f01\u4e1a\u5219\u662f\u5728\u56fd\u4f01\u5939\u7f1d\u4e2d\u6c42\u751f\u5b58\uff0c\u4e00\u5e74\u83b7\u5229\u4e00\u5e74\u4e8f\u635f\uff0c\u80fd\u591f\u575a\u5f3a\u6d3b\u4e0b\u53bb\u5df2\u7ecf\u96be\u5f97\uff0c\u8fde\u5e74\u6709\u7ed3\u4f59\u4e00\u5b9a\u8981\u6709\u653f\u6cbb\u8054\u59fb\u505a\u540e\u53f0\u624d\u6709\u53ef\u80fd\u3002<br \/><a href=\"https:\/\/ufqi.com\/blog\/investment-undervalued-factor-pearson-cc-p2\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ufqi.com\/blog\/investment-undervalued-factor-pearson-cc-p2\/<\/a><\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>\u5355\u770b\u4f01\u4e1a\u62a4\u57ce\u6cb3\uff0c\u4e2d\u56fd\u5f88\u591a\u7684\u5784\u65ad\u6027\u4f01\u4e1a\uff0c\u90fd\u6709\u5f88\u6df1\u5f88\u5bbd\u7684\u62a4\u57ce\u6cb3\uff0c\u51e0\u4e4e\u6ca1\u6709\u533a\u57df\u6027\u7684\u7ade\u4e89\u5bf9\u624b\uff0c\u4e3a\u4f55\u4ed6\u4eec\u4e0d\u80fd\u6210\u4e3a\u53ef\u6295\u8d44\u7684\u6807\u7684\u4f01\u4e1a\u5462\uff1f\u539f\u56e0\u53ef\u80fd\u5c31\u5728\u4e8e\u57ce\u5821\u7684\u5b88\u536b\u4eba\u5e76\u6ca1\u6709\u52e4\u52c9\u5fe0\u8bda\u5730\u53bb\u628a\u8d5a\u94b1\u5f53\u4e2d\u6700\u91cd\u8981\u4e14\u6700\u9ad8\u7ea7\u522b\u7684\u4efb\u52a1\uff0c\u800c\u662f\u636e\u5b88\u5929\u9669\u4e4b\u540e\uff0c\u6709\u522b\u7684\u653f\u6cbb\u4efb\u52a1\u66f4\u4e3a\u91cd\u8981\u3002<br \/><a href=\"https:\/\/ufqi.com\/blog\/economic-moat-in-security\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ufqi.com\/blog\/economic-moat-in-security\/<\/a><\/p><\/blockquote>\n\n\n\n<p>\u5728\u8fc7\u5f80\u7684\u5206\u6790\u5224\u65ad\u4e2d\uff0c\u6211\u4eec\u6709\u4e00\u79cd\u5927\u81f4\u7684\u7c97\u7565\u7684\u770b\u6cd5\uff0c\u8ba4\u4e3a\u4e2d\u56fd\u7684\u4e0a\u5e02\u516c\u53f8\uff0c\u591a\u6570\u662f\u5177\u6709\u5784\u65ad\u6027\u8d28\u7684\u56fd\u6709\u4f01\u4e1a\uff0c\u6548\u7387\u4f4e\u4e0b\u4e0d\u8d5a\u94b1\uff0c\u6240\u4ee5\u5373\u4fbf\u5177\u6709\u5f97\u5929\u72ec\u539a\u7684\u5e02\u573a\u5730\u4f4d\uff08\u6709\u62a4\u57ce\u6cb3\uff09\uff0c\u5b9e\u5219\u4e0d\u8d5a\u94b1\uff0c\u6216\u8005\u201c\u6545\u610f\u201d\u4e0d\u8d5a\u94b1\u3002<br \/>\u7531\u4e8e\u4e0d\u8d5a\u94b1\uff0c\u6240\u4ee5\u4e5f\u5c31\u65e0\u4ece\u8c08\u8d77\u80a1\u4e1c\u5206\u7ea2\u7684\u4e8b\u60c5\u4e86\uff0c\u6240\u4ee5\u4e2d\u56fd\u7684\u80a1\u5e02\u6574\u4f53\u4e0a\u7edd\u5927\u90e8\u5206\u7684\u6295\u8d44\uff0c\u4f9d\u7136\u8981\u9760\u80a1\u4ef7\u4e0a\u4e0b\u6ce2\u52a8\u5403\u4ef7\u5dee\u6765\u83b7\u5f97\u6536\u76ca\u3002<\/p>\n\n\n\n<p>\u8fd9\u79cd\u8bba\u8c03\u5728\u4e00\u4e9b\u60c5\u51b5\u4e0b\u662f\u9002\u7528\u7684\uff0c\u6bd4\u5982\u770b\u770b\u90a3\u4e9b\u4e2d\u56fd\u4e0a\u5e02\u516c\u53f8\u7684\u8d22\u52a1\u62a5\u8868\uff0c\u660e\u660e\u662f\u5bcc\u5f97\u6d41\u6cb9\u7684\u5784\u65ad\u4f01\u4e1a\uff0c\u4f46\u5e74\u7ec8\u5374\u62a5\u544a\u662f\u4e8f\u635f\uff0c\u751a\u81f3\u662f\u8fde\u5e74\u7684\u4e8f\u635f\uff0c\u54ea\u6709\u53ef\u4ee5\u5206\u7ea2\u7684\u94b1\uff1f<br 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\/>\u5bf9\u4e8e\u56fd\u6709\u4f01\u4e1a\u6765\u8bf4\uff0c\u5206\u7ea2\u5c31\u76f8\u5f53\u4e8e\u8d44\u91d1\u4e0a\u4ea4\u7ed9\u56fd\u5bb6\uff0c\u4f01\u4e1a\u7ecf\u8425\u8005\u662f\u4e0d\u613f\u610f\u7684\u3002<strong>\u4e4b\u6240\u4ee5\u4e0d\u613f\u610f\u662f\u56e0\u4e3a\u6bcf\u4e00\u4e2a\u7ecf\u8425\u8005\u90fd\u5e0c\u671b\u81ea\u5df1\u638c\u63e1\u5927\u91cf\u7684\u8d44\u91d1\uff0c\u8fd9\u662f\u4e00\u79cd\u7279\u6743\u3002\u8fd9\u79cd\u7279\u6743\u53ef\u4ee5\u4ea4\u6362\u5f88\u591a\u4e1c\u897f\u3002<\/strong><\/p>\n\n\n\n<p>\u7ecf\u8fc7 \u9648\u6559\u6388\u8fd9\u4e48\u4e00\u89e3\u91ca\uff0c\u6211\u4eec\u66f4\u52a0\u7b03\u5b9a\u5730\u8ba4\u4e3a\u4e2d\u56fd\u4f01\u4e1a\u6216\u8005\u4e2d\u56fd\u80a1\u5e02\uff0c\u4e0d\u5206\u7ea2\u662f\u5e38\u6001\uff0c\u5728\u4e2d\u56fd\u80a1\u5e02\u6295\u8d44\u4e5f\u65e0\u6cd5\u9760\u5206\u7ea2\u83b7\u5f97\u6536\u76ca\u3002<br \/>\u80cc\u540e\u7684\u539f\u56e0\u662f\u591a\u91cd\u7684\uff0c<br \/><strong>\u9996\u5148\u662f\u56fd\u6709\u4f01\u4e1a\u7ecf\u8425\u80fd\u529b\u4e0d\u884c\uff0c\u771f\u4e0d\u8d5a\u94b1\uff0c\u4e0d\u5206\u7ea2<\/strong>\uff1b<br \/>\u5176\u6b21\u662f\u56fd\u6709\u4f01\u4e1a\u6709\u8d5a\u94b1\u7684\u7ecf\u8425\u80fd\u529b\uff0c\u4e5f\u8d5a\u5230\u94b1\u4e86\uff0c\u4f46\u540c\u65f6\u4e5f\u201c\u6545\u610f\u201d\u505a\u5927\u505a\u591a\u6210\u672c\uff0c<strong>\u5bfc\u81f4\u8d26\u52a1\u4e0a\u7684\u201c\u4e8f\u635f\u201d\uff0c\u6ca1\u94b1\u4e0d\u5206\u7ea2\uff1b<\/strong><br \/>\u518d\u6b21\uff0c\u56fd\u6709\u4f01\u4e1a\u6709\u7ecf\u8425\u80fd\u529b\uff0c\u4e5f\u201c\u6545\u610f\u201d\u505a\u591a\u6210\u672c\uff0c\u4f46\u4ecd\u6709\u76c8\u5229\u5806\u79ef\u5728\u4f01\u4e1a\u94f6\u884c\u8d26\u6237\u91cc\uff0c\u7ecf\u8425\u8005\u51fa\u4e8e\u7ef4\u62a4\u81ea\u5df1\u7684\u7279\u6743\u7684\u76ee\u7684\u6545\u610f\u957f\u671f\u628a\u6301\u9ad8\u989d\u73b0\u91d1\uff0c<strong>\u6709\u94b1\u4e5f\u4e0d\u5206\u7ea2\uff01<\/strong><\/p>\n\n\n\n<p>\u5728\u4e00\u4e2a\u4e0d\u5206\u7ea2\u7684\u5e02\u573a\u91cc\uff0c\u6240\u6709\u4eba\u90fd\u4f9d\u9760\u80a1\u4ef7\u6da8\u8dcc\u7684\u4ef7\u5dee\u6765\u8d5a\u94b1\uff0c\u90a3\u662f\u4f55\u7b49\u7684\u60e8\u70c8\u7684\u640f\u6740\u3002<br \/>\u8fd9\u6837\u7684\u5e02\u573a\uff0c\u662f\u96f6\u548c\u5e02\u573a\uff0c\u672c\u8d28\u4e0a\u4e0e\u8d4c\u535a\u5e76\u65e0\u4e8c\u81f4\uff0c\u4e5f\u662f\u4ef7\u503c\u6295\u8d44\u7684\u51f6\u9669\u4e4b\u5730\u3002<\/p>\n\n\n\n<p><strong>C3. \u591a\u5143\u6295\u8d44\u7406\u8d22: \u4ece \u8d2d\u623f\u7f6e\u5730 \u5230 \u827a\u672f\u54c1\u6536\u85cf\u54c1<\/strong><\/p>\n\n\n\n<p>\u5728\u8c08\u5230\u591a\u5143\u5316\u6295\u8d44\u65f6\uff0c\u9648\u5fd7\u6b66\u6559\u6388 \u4e5f\u7f57\u5217\u666e\u904d\u7684\u5b9e\u4e1a\u8d44\u4ea7\u548c\u91d1\u878d\u8d44\u4ea7\u3002\u5e38\u89c1\u7684\u5b9e\u4e1a\u8d44\u4ea7\u5c31\u662f\u8d2d\u623f\u7f6e\u5730\u7b49\uff0c\u800c\u91d1\u878d\u8d44\u4ea7\u4e5f\u662f\u90a3\u4e9b\u9ec4\u91d1\u3001\u80a1\u7968\u3001\u503a\u5238\u7b49\u7b49\u3002<\/p>\n\n\n\n<p>\u5bf9\u4e8e\u827a\u672f\u54c1\u548c\u6536\u85cf\u54c1\uff0c\u6211\u4eec\u4ece\u672a\u5c06\u5176\u7eb3\u5165\u5230\u65e5\u5e38\u6295\u8d44\u6240\u8003\u8651\u7684\u8303\u7574\u3002<br \/>\u867d\u7136\u6709\u201c\u76db\u4e16\u7684\u53e4\u8463\u4e71\u4e16\u7684\u9ec4\u91d1\u201d\u7684\u8bf4\u6cd5\uff0c\u6211\u4eec\u4e00\u76f4\u8ba4\u4e3a\u827a\u672f\u54c1\u6536\u85cf\u54c1\u5c5e\u4e8e\u5c0f\u4f17\u5e02\u573a\u4e14\u4e25\u91cd\u7684\u5e02\u573a\u4e0d\u900f\u660e\u3002<\/p>\n\n\n\n<p>\u9648\u6559\u6388\u7684\u4e00\u756a\u8bdd\u6539\u53d8\u4e86\u6211\u4eec\u5bf9\u827a\u672f\u54c1\u6536\u85cf\u54c1\u4f5c\u4e3a\u6295\u8d44\u6807\u7684\u7269\u7684\u770b\u6cd5\uff1a<\/p>\n\n\n\n<p>\u5bf9\u4e8e\u5bcc\u6709\u5bb6\u5ead\u800c\u8a00\uff0c\u5982\u679c\u662f\u751f\u6d3b\u5728\u4eba\u6cbb\u793e\u4f1a\u5e76\u4e14\u8d22\u4ea7\u7684\u5b89\u5168\u968f\u65f6\u6709\u6311\u6218\u6027\uff0c<br \/>\u90a3\u4e48\uff0c\u53e4\u8463\u548c\u5176\u4ed6\u73cd\u8d35\u827a\u672f\u54c1\u8fd8\u5177\u6709\u4e0d\u9732\u5bcc\u3001\u8f7b\u4fbf\u6613\u5e26\u7684\u4f18\u70b9\u3002<br \/>\u4e00\u65e6\u54ea\u5929\u542c\u95fb\u8981\u88ab\u6284\u5bb6\u4e86\uff0c\u53ef\u4ee5\u968f\u65f6\u643a\u5e26\u53e4\u8463\u8d35\u753b\u8dd1\u8def\uff0c\u4f46\u80a1\u7968\u6295\u8d44\u3001\u94f6\u884c\u50a8\u84c4\u7b49\u5374\u6ca1\u6709\u8fd9\u79cd\u4fbf\u5229\u3002<\/p>\n\n\n\n<p>\u4f46\u51e1\u6709\u4e2d\u56fd\u793e\u4f1a\u9605\u5386\u7684\u6295\u8d44\u4eba\uff0c\u83ab\u4e0d\u5bf9\u6b64\u611f\u5230\u9635\u9635\u5bd2\u610f\u3002<br \/>\u9648\u5fd7\u6b66\u6559\u6388\u5b9e\u5728\u662f\u6709\u8fc7\u4eba\u4e4b\u5904\uff0c\u5f53\u4e4b\u65e0\u6127\u7684\u8457\u540d\u91d1\u878d\u5b66\u8005\u3002<\/p>\n\n\n\n<p><strong>D4. \u70ed\u95e8\u80a1\u78b0\u6478\u4e0d\u5f97: \u5356\u5728\u4eba\u58f0\u9f0e\u6cb8\u65f6, \u4e70\u5728\u65e0\u4eba\u95ee\u6d25<\/strong>\u5904<\/p>\n\n\n\n<p>\u201c\u7092\u80a1\u201d \u8fd9\u4e2a\u8bcd\u4ece\u4e00\u8bde\u751f\u90a3\u5929\u8d77\uff0c\u5c31\u8ddf\u70ed\u5ea6\u6709\u5173\uff0c\u4e0d\u7136\u662f\u6ca1\u6cd5\u7092\u8d77\u6765\u7684\u3002<br \/>\u7136\u800c\u73b0\u5b9e\u5374\u662f\u51b0\u51b7\u7684\uff0c\u5982\u679c\u6309\u6d41\u884c\u70ed\u5ea6\u8ffd\u7740\u4e70\u5356\u70ed\u95e8\u80a1\uff0c\u53ef\u80fd\u4f1a\u8dcc\u5f97\u60e8\u4e0d\u5fcd\u7779\u3002<\/p>\n\n\n\n<p>\u5728\u9648\u5fd7\u6b66\u6559\u6388\u7684\u300a\u91d1\u878d\u901a\u8bc6\u8bfe\u300b\u5c31\u63d0\u5230\u771f\u5b9e\u7684\u6570\u636e\u6848\u4f8b\u2014\u2014<strong>\u7533\u4e07\u6d3b\u8dc3\u80a1\u6307\u6570<\/strong>\uff0c\u6bcf\u5468\u66f4\u65b0\u4ea4\u6613\u6700\u6d3b\u8dc3\u7684\u80a1\u7968\u7ec4\u6210\u4e00\u4e2a\u6307\u6570\u3002<br \/>\u8be5\u6307\u6570\u81ea1999\u5e7412\u6708\u7684 1000 \u70b9\u5f00\u59cb\uff0c\u52302017\u5e741\u6708\u7684 10.11 \u70b9\uff0c\u4e0b\u8dcc\u4e86 99% \u3002\u4e0a\u6d77\u7533\u4e07\u4e3b\u52a8\u505c\u6b62\u4e86\u6307\u6570\u66f4\u65b0\uff0c\u6ca1\u6709\u610f\u4e49\u7684\u5751\u8d27\u3002<br \/> \u4e0e\u4e4b\u5f62\u6210\u9c9c\u660e\u5bf9\u6bd4\u7684\uff0c\u4e5f\u662f\u5177\u4f53\u7684\u6570\u636e\u6848\u4f8b\uff0c<strong>\u7533\u4e07\u4f4e\u4ef7\u80a1\u6307\u6570<\/strong>\uff0c1999\u5e74\u7684 1000 \u70b9\uff0c\u52302017\u5e74\u4e0a\u5347\u5230 9175 \u70b9\uff0c\u4e0a\u6da8\u4e86 818%\u3002<\/p>\n\n\n\n<p>\u80a1\u7968\u9ad8\u624b\u4e2d\u90fd\u6d41\u4f20\u7740<strong> \u4e70\u5728\u65e0\u4eba\u95ee\u6d25\u5904\uff0c\u5356\u5728\u4eba\u751f\u9f0e\u6cb8\u65f6<\/strong>\uff0c \u5176\u80cc\u540e\u53ef\u80fd\u90fd\u662f\u8840\u6cea\u6559\u8bad\u3002<\/p>\n\n\n\n<p>\u6c83\u4f26\u5df4\u83f2\u7279\u7684\u540d\u8a00\u2014\u2014<strong>\u522b\u4eba\u8d2a\u5a6a\u65f6\u6211\u6050\u60e7\uff0c\u522b\u4eba\u6050\u60e7\u65f6\u6211\u8d2a\u5a6a<\/strong>\uff0c\u6b8a\u9014\u540c\u5f52\u3002<\/p>\n\n\n\n<p>\u7231\u5fb7\u534e\u7d22\u666e\u5728\u300a\u6218\u80dc\u4e00\u5207\u5e02\u573a\u7684\u4eba\u300b\u4e2d\u8bba\u8ff0\u5230:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><strong>\u4ece\u5386\u53f2\u6570\u636e\u4e0a\u6765\u770b\uff0c\u4e70\u5165\u8d70\u52bf\u6700\u5dee\u7684\u540e1\/10\u80a1\u7968\u5e76\u505a\u7a7a\u8d70\u52bf\u6700\u597d\u7684\u524d1\/10\u7684\u80a1\u7968\uff0c\u5e74\u6536\u76ca\u7387\u80fd\u8fbe\u523020%\u3002<br \/>\u6211\u4eec\u79f0\u8fd9\u5957\u7cfb\u7edf\u4e3aMUD\u7cfb\u7edf\uff0c\u53d6\u81ea &nbsp; \u201c\u6da8\u5f97\u6700\u591a\uff0c\u8dcc\u5f97\u6700\u591a\u201d\uff08most\u2013up, most\u2013down\uff09\u7684\u80a1\u7968\u3002<\/strong><br \/>https:\/\/ufqi.com\/news\/ulongpage.10617.html?tit=\u6218\u80dc\u4e00\u5207\u5e02\u573a\u7684\u4eba-Edward Throp:\u4ece\u8ced\u57ce\u62c9\u65af\u7ef4\u52a0\u65af\u5230\u91d1\u878d\u534e\u5c14\u8857-13:\u7b2c19\u7ae0 \u4f4e\u8cb7\u9ad8\u8ce3-2 #\u5957\u5229<\/p><\/blockquote>\n\n\n\n<p>\u5927\u5e08\u4eec\u591a\u662f\u82f1\u96c4\u76f8\u60dc\uff0c\u6240\u89c1\u7565\u540c\u3002\u8fd9\u4e9b\u503c\u5f97\u94ed\u523b\u4e8e\u5fc3\uff0c\u70c2\u719f\u4e8e\u80f8\u3002<\/p>\n\n\n\n<p>\u8fd9\u662f\u7814\u8bfb\u7ecf\u6d4e\u5b66\u8457\u4f5c\u7684\u7b2c\u4e94\u5341\u4e94\u7bc7\u4e60\u4f5c\uff0c\u4e4b\u524d\u7684\u5404\u7bc7\u9644\u5217\u5982\u4e0b\uff0c\u6700\u8fd1\u7684\u9644\u5217\u5728\u524d\u3002<\/p>\n\n\n\n<ol><li><a rel=\"noreferrer noopener\" href=\"https:\/\/ufqi.com\/blog\/stock-price-predictable\/\" target=\"_blank\">\u80a1\u4ef7\u6bcf\u65e5\u968f\u673a\u6e38\u8d70\u7684\u72ec\u7acb\u6027\u7814\u7a76: \u7406\u8bba\u4e0e\u73b0\u5b9e\u7684\u8fa9\u8bc1\u7edf\u4e00 1\/<\/a>3\uff0c https:\/\/ufqi.com\/blog\/stock-price-predictable\/<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/ufqi.com\/blog\/economic-moat-in-security\/\" target=\"_blank\">\u91d1\u878d\u8bc1\u5238\u4ef7\u503c\u6295\u8d44\u4e2d\u7684\u4f01\u4e1a\u62a4\u57ce\u6cb3<\/a>\uff0c https:\/\/ufqi.com\/blog\/economic-moat-in-security\/<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/ufqi.com\/blog\/stock-split-in-candlestick-chart\/\" target=\"_blank\">\u8bc1\u5238\u6295\u8d44\u4e2d\u8d8b\u52bf\u5206\u6790K\u7ebf\u56fe\u4e0e\u62c6\u80a1\u9001\u80a1\u9664\u6743\u9664\u606f<\/a>\uff0c https:\/\/ufqi.com\/blog\/stock-split-in-candlestick-chart\/<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/ufqi.com\/blog\/investment-by-volatility\/\" target=\"_blank\">\u8bc1\u5238\u6295\u8d44\u4e2d\u4e0d\u786e\u5b9a\u6027\u8861\u91cf\u6307\u6807: \u5e74\u5316\u6ce2\u52a8\u7387 Volatility<\/a>\uff0c https:\/\/ufqi.com\/blog\/investment-by-volatility\/<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/ufqi.com\/blog\/investment-11-category\/\" target=\"_blank\">\u8bc1\u5238\u6295\u8d44\u5341\u4e00\u5927\u54c1\u7c7b: \u53e4\u5be8\u697c\u8d27\u5546\u4f1a<\/a>\uff0c https:\/\/ufqi.com\/blog\/investment-11-category\/<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/ufqi.com\/blog\/buffett-investing-long-or-short\/\" target=\"_blank\">\u80a1\u795e\u6c83\u4f26\u5df4\u83f2\u7279\u4e0e\u4f2f\u514b\u5e0c\u5c14\u54c8\u6492\u97e6\u516c\u53f8\u6295\u8d44\u6301\u80a1\u65f6\u95f4\u7684\u77ed\u4e0e\u957f<\/a>\uff0c https:\/\/ufqi.com\/blog\/buffett-investing-long-or-short\/<\/li><li>\u518d\u542c\u5df2\u662f\u66f2\u4e2d\u4eba\u2013<a rel=\"noreferrer noopener\" href=\"https:\/\/ufqi.com\/blog\/feeling-felix-grandet\/\" target=\"_blank\">\u5171\u60c5\u845b\u6717\u53f0 Grandet \u8001\u5934: \u7406\u8d22\u9ad8\u624b\u7684\u6210\u529f\u5178\u8303<\/a>, https:\/\/ufqi.com\/blog\/feeling-felix-grandet\/<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/ufqi.com\/blog\/money-time-value-in-nce\/\" target=\"_blank\">\u7ed9\u5b69\u5b50\u4eec\u8bb2\u89e3\u8d27\u5e01\u7684\u65f6\u95f4\u4ef7\u503c: \u4ece\u65b0\u6982\u5ff5\u82f1\u8bed\u4e2d\u8ba1\u7b97\u6570\u5b66<\/a>\uff0c https:\/\/ufqi.com\/blog\/money-time-value-in-nce\/<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/ufqi.com\/blog\/ufqifina-sharpe-ratio-with-deepseek\/\" target=\"_blank\">\u8bc1\u5238\u6295\u8d44\u4e2d\u4e00\u5219\u8ba1\u7b97\u6807\u51c6\u5dee\u548c\u5e74\u5316\u6ce2\u52a8\u7387\u7684\u5b9e\u4f8b<\/a>\uff0c https:\/\/ufqi.com\/blog\/ufqifina-sharpe-ratio-with-deepseek\/<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/ufqi.com\/blog\/market-no-dividend-zero-sum-no-buy-short-2nd\/\" target=\"_blank\">\u5728\u96f6\u548c\u4e14\u65e0\u6cd5\u505a\u7a7a\u7684\u975e\u5206\u7ea2\u80a1\u7968\u5e02\u573a\u4e2d\u5b9e\u73b0\u6700\u4f4e\u6536\u76ca\u6700\u5927\u5316 2\/2<\/a>\uff0c https:\/\/ufqi.com\/blog\/market-no-dividend-zero-sum-no-buy-short-2nd\/<\/li><li>11~54\u6682\u6536\u8d77\u7565\u8fc7\uff0c\u8bf7\u4ece\u4e0a\u4e00\u8282\u8fdb\u5165\u67e5\u8be2\u67e5\u770b\u3002<\/li><li>\u2014-<\/li><\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/ufqi.com\/finance\"><img loading=\"lazy\" width=\"256\" height=\"256\" src=\"https:\/\/ufqi.com\/blog\/wp-content\/uploads\/2022\/01\/ufqifina-logo.png\" alt=\"ufqifina\" class=\"wp-image-2724\" srcset=\"https:\/\/ufqi.com\/blog\/wp-content\/uploads\/2022\/01\/ufqifina-logo.png 256w, https:\/\/ufqi.com\/blog\/wp-content\/uploads\/2022\/01\/ufqifina-logo-150x150.png 150w\" sizes=\"(max-width: 256px) 100vw, 256px\" \/><\/a><figcaption>\u6709\u798f\u91d1\u878dUfqiFina : https:\/\/ufqi.com\/finance<\/figcaption><\/figure>\n\n\n\n<p>\u6709\u798f\u91d1\u878d \u662f\u4e00\u4e2a\u65e8\u5728\u4fc3\u8fdb\u8d22\u5bcc\u7a33\u6b65\u589e\u957f\u7684\u5de5\u5177\u5e73\u53f0\u3002<br \/>UfqiFina is a platform of tools designed to promote wealth growth steadily.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e24\u5e74\u524d\u76842023\u5e744\u6708\uff0c\u6211\u4eec\u5728 UfqiBlog \u4e2d\u5199\u4e0b\u4e86\u300a\u5199\u5199\u6c83\u4f26\u5df4\u83f2\u7279\u81f4\u80a1\u4e1c &hellip; <a href=\"https:\/\/ufqi.com\/blog\/favorable-investment-lessons\/\">\u7ee7\u7eed\u9605\u8bfb <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[752,3],"tags":[821,819,820,564,565,562,387,818],"_links":{"self":[{"href":"https:\/\/ufqi.com\/blog\/wp-json\/wp\/v2\/posts\/3641"}],"collection":[{"href":"https:\/\/ufqi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ufqi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ufqi.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ufqi.com\/blog\/wp-json\/wp\/v2\/comments?post=3641"}],"version-history":[{"count":15,"href":"https:\/\/ufqi.com\/blog\/wp-json\/wp\/v2\/posts\/3641\/revisions"}],"predecessor-version":[{"id":3687,"href":"https:\/\/ufqi.com\/blog\/wp-json\/wp\/v2\/posts\/3641\/revisions\/3687"}],"wp:attachment":[{"href":"https:\/\/ufqi.com\/blog\/wp-json\/wp\/v2\/media?parent=3641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ufqi.com\/blog\/wp-json\/wp\/v2\/categories?post=3641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ufqi.com\/blog\/wp-json\/wp\/v2\/tags?post=3641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}