{"id":10250388,"date":"2026-06-08T10:01:24","date_gmt":"2026-06-08T02:01:24","guid":{"rendered":"https:\/\/twkeypoint.com\/?p=10250388"},"modified":"2026-06-08T10:01:24","modified_gmt":"2026-06-08T02:01:24","slug":"%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e8%82%a1%e5%b8%82%e6%81%90%e7%88%86%e5%a4%b1%e8%90%bd%e5%8d%81%e5%b9%b4%ef%bc%9f%e7%86%b1%e9%8c%a2%e6%b3%a1%e6%b2%ab%e7%80%95-2","status":"publish","type":"post","link":"https:\/\/twkeypoint.com\/index.php\/2026\/06\/08\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e8%82%a1%e5%b8%82%e6%81%90%e7%88%86%e5%a4%b1%e8%90%bd%e5%8d%81%e5%b9%b4%ef%bc%9f%e7%86%b1%e9%8c%a2%e6%b3%a1%e6%b2%ab%e7%80%95-2\/","title":{"rendered":"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u80a1\u5e02\u6050\u7206\u5931\u843d\u5341\u5e74\uff1f\u71b1\u9322\u6ce1\u6cab\u7015\u81e8\u7834\u88c2 2\u5927\u8cc7\u7522\u6210\u6551\u4e16\u4e3b"},"content":{"rendered":"\n
\n\n
\n\n

\n<\/p>\n\n\n

\n\n\n<\/a>\n<\/p>\n\n\n

\n<\/p>\n\n\n

\n\u5168\u7403\u80a1\u5e02\u9762\u81e8\u5287\u70c8\u56de\u6a94\uff0c\u5f15\u767c\u6295\u8cc7\u4eba\u6050\u614c\uff0c\u8cc7\u672c\u7ba1\u7406\u6a5f\u69cbSmead Capital Management\u5275\u8fa6\u4eba\u53f2\u5bc6\u5fb7\uff08Bill Smead\uff09\u8b66\u544a\uff0c\u6295\u8cc7\u4eba\u5c07\u5728\u80a1\u5e02\u4e0a\u9762\u81e8\u5931\u843d\u5341\u5e74\u5371\u6a5f\u3002\uff08\u5716\uff0fshutterstock\u9054\u5fd7\uff09<\/p>\n\n\n

\n\u5168\u7403\u80a1\u5e02\u9762\u81e8\u5287\u70c8\u56de\u6a94\uff0c\u5f15\u767c\u6295\u8cc7\u4eba\u6050\u614c\uff0c\u8cc7\u672c\u7ba1\u7406\u6a5f\u69cbSmead Capital Management\u5275\u8fa6\u4eba\u53f2\u5bc6\u5fb7\uff08Bill Smead\uff09\u8b66\u544a\uff0c\u6295\u8cc7\u4eba\u5c07\u5728\u80a1\u5e02\u4e0a\u9762\u81e8\u5931\u843d\u5341\u5e74\u5371\u6a5f\uff0c\u5373\u7f8e\u80a1\u9577\u671f\u5e7e\u4e4e\u96f6\u5831\u916c\u7684\u9ed1\u6697\u671f\uff0c\u6b64\u6642\u5927\u5b97\u5546\u54c1\u80fd\u6e90\u8207\u623f\u5730\u7522\u5c07\u662f\u6700\u53d7\u77da\u76ee\u7684\u5e03\u5c40\u65b9\u5411\u3002<\/p>\n\n\n

\n\u7d9c\u5408\u5916\u5a92\u5831\u5c0e\uff0c\u53f2\u5bc6\u5fb7\u89c0\u5bdf\u6b77\u53f2\u6578\u64da\uff0c\u767c\u73fe1970\u5e74\u4ee3\u80a1\u5e02\u3001\u7f8e\u570b\u516c\u50b5\u8207\u4f01\u696d\u50b5\u5238\u5168\u9762\u8cb6\u503c\uff0c\u5927\u5b97\u5546\u54c1\u537b\u9006\u52e2\u72c2\u98c6\u8d85\u904e324%\uff0c\u6210\u70ba\u7576\u6642\u6700\u4eae\u773c\u7684\u8cc7\u7522\u3002<\/p>\n\n\n

\n\u53f2\u5bc6\u5fb7\u900f\u9732\uff0c\u65d7\u4e0b\u6295\u8cc7\u7d44\u5408\u5df2\u7d93\u52a0\u78bc\u5e03\u5c40\u77f3\u6cb9\u985e\u80a1\u8207\u5efa\u7bc9\u623f\u5c4b\u65cf\u7fa4\uff0c\u9810\u4f30\u6a19\u666e500\u6307\u6578\u53d7\u5230\u91cd\u5275\uff0c\u6700\u4e3b\u8981\u539f\u56e0\u5728\u65bc\uff0c\u79d1\u6280\u8207\u76f8\u95dc\u65cf\u7fa4\u7684\u6bd4\u91cd\u5df2\u7d93\u904e\u9ad8\uff0c\u5e02\u5834\u9032\u5165\u6700\u5f8c\u7684\u72c2\u71b1\u968e\u6bb5\u3002<\/p>\n\n\n

\n\u6a19\u666e500\u6307\u6578\u8d70\u52e2\u5206\u5316\u56b4\u91cd\uff0c\u79d1\u6280\u65cf\u7fa4\u5728\u904e\u53bb\u4e94\u5e74\u5df2\u7d93\u5927\u6f32187%\uff0c\u76f8\u8f03\u4e4b\u4e0b\uff0c\u5254\u9664\u79d1\u6280\u80a1\u7684\u6a19\u666e500 ETF\u50c5\u4e0a\u6f32\u7d0445%\uff0c\u6b64\u72c0\u6cc1\u6703\u52a0\u5287\u5e02\u5834\u56de\u6a94\u7684\u98a8\u96aa\u3002<\/p>\n\n\n

\n\u53e6\u4e00\u65b9\u9762\uff0c\u5927\u5b97\u5546\u54c1\u5e02\u5834\u5df2\u9010\u6f38\u5c55\u73fe\u6210\u9577\u529b\u9053\uff0c\u96a8\u8457\u6cb9\u50f9\u4e0a\u6f32\u8ddf\u8457\u8d70\u5f37\uff0c\u8ffd\u8e64\u5546\u54c1\u6307\u6578\u7684\u5b89\u78a9\u5546\u54c1\u7cbe\u9078\u7b56\u7565ETF\uff0c\u4eca\u5e74\u4ee5\u4f86\u5df2\u5927\u6f3237%\u3002<\/p>\n\n\n

\n\u5e02\u5834\u4e0a\uff0c\u8a31\u591a\u5c08\u5bb6\u8207\u6295\u8cc7\u4eba\u958b\u59cb\u5c07\u76ee\u524d\u7684\u72c0\u6cc1\u82071970\u5e74\u4ee3\u7684\u5371\u6a5f\u76f8\u6bd4\uff0c\u5169\u8005\u7686\u9762\u81e8\u77f3\u6cb9\u50f9\u683c\u98c6\u5347\u7684\u8003\u9a57\uff0c1970\u5e74\u4ee3\u66fe\u56e0\u77f3\u6cb9\u5371\u6a5f\u5f15\u767c\u5e02\u5834\u5de8\u9707\uff0c\u8a31\u591a\u500b\u80a1\u51fa\u73fe\u8d85\u904e80%\u7684\u5d29\u8dcc\uff0c\u5f8c\u671f\u5728\u77f3\u6cb9\u7981\u904b\u5371\u6a5f\u89e3\u9664\u5f8c\uff0c\u806f\u6e96\u6703\u964d\u606f\u6551\u5e02\uff0c\u56de\u7a69\u5f8c\u51fa\u73fe\u66b4\u529b\u53cd\u5f48\u3002<\/p>\n\n\n

\n\u80a1\u5e02\u9019\u4e00\u6ce2\u5d29\u8dcc\u4e26\u975e\u6c92\u6709\u8de1\u8c61\uff0c\u7f8e\u9280\u9996\u5e2d\u5206\u6790\u5e2b\u54c8\u5948\u7279\uff08Michael Hartnett\uff09\u65e9\u57285\u6708\u5e95\u82076\u6708\u521d\u5373\u8b66\u544a\uff0c\u5e02\u5834\u5c62\u5275\u65b0\u9ad8\u4e4b\u5f8c\u672c\u76ca\u6bd4\u98c6\u5347\u4e14\u5167\u90e8\u5206\u5316\u56b4\u91cd\uff0c\u96a8\u8457\u901a\u81a8\u6578\u64da\u8207\u5404\u570b\u592e\u884c\u52d5\u5411\u51fa\u7210\uff0c\u591a\u91cd\u6ce1\u6cab\u8a0a\u865f\u6d6e\u73fe\uff0c\u80a1\u5e02\u53ef\u80fd\u57286\u6708\u51fa\u73fe\u4e0b\u6bba\u5371\u6a5f\u3002<\/p>\n\n\n

\n<\/p>\n\n\n

\n2026\/06\/08 10:01<\/p>\n\n\n

\n\u8f49\u8f09\u81ea\u4e2d\u6642\u65b0\u805e\u7db2: https:\/\/www.chinatimes.com\/realtimenews\/20260608001406-260410<\/p>\n\n<\/div>\n\n\n

\n
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div><\/div><\/div>

\u6700\u65b0\u6587\u7ae0<\/span><\/h2><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-40\u6b72\u4ee5\u4e0a\u7537\u6027\u903e6\u6210\u591c\u5c3f\u56f0\u64fe \u91ab\u63d0\u9192\u534a\u591c\u8dcc\u5012\u98a8\u96aa<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u65e5\u83f2\u5283\u754c\u722d\u8b70\u7f8e\u64cd\u5f04\u7b2c\u4e00\u5cf6\u93c8\uff1f \u524d\u570b\u5b89\u5b98\u54e1\uff1a\u7f8e\u7121\u6cd5\u63a5\u53d7\u8207\u4e2d\u5e73\u8d77\u5e73\u5750<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u83f2\u5f8b\u8cd3\u5f37\u9707\u7206\u707d\u60c5\uff01\u53f0\u5546\u76f4\u64ca\u300c\u8a31\u591a\u5efa\u7bc9\u90fd\u57ae\u4e86\u300d\uff1a\u6416\u5230\u982d\u6688<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u5168\u53f0\u300c \u4e00\u7247\u7d2b\u767d\u300d\u6700\u5b8c\u6574\u6885\u96e8\u92d2\u9762\u4f86\u4e86 \u5168\u53f0\u9632\u8c6a\u96e8<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u660e\u4ec1\u6703\u300c\u4eac\u8475\u300d\u683d\u5728\u4ed6\u624b\u88e1 \u5317\u5e02\u8b66\u62db\u55bb\u7fd4\u7372\u91d1\u543e\u734e<\/a><\/h3><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>\n\n
\n<\/div>\n\n
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div><\/div><\/div>

\u672c\u9031\u71b1\u9580\u6587\u7ae0<\/span><\/h2><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-40\u6b72\u4ee5\u4e0a\u7537\u6027\u903e6\u6210\u591c\u5c3f\u56f0\u64fe \u91ab\u63d0\u9192\u534a\u591c\u8dcc\u5012\u98a8\u96aa<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u65e5\u83f2\u5283\u754c\u722d\u8b70\u7f8e\u64cd\u5f04\u7b2c\u4e00\u5cf6\u93c8\uff1f \u524d\u570b\u5b89\u5b98\u54e1\uff1a\u7f8e\u7121\u6cd5\u63a5\u53d7\u8207\u4e2d\u5e73\u8d77\u5e73\u5750<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u83f2\u5f8b\u8cd3\u5f37\u9707\u7206\u707d\u60c5\uff01\u53f0\u5546\u76f4\u64ca\u300c\u8a31\u591a\u5efa\u7bc9\u90fd\u57ae\u4e86\u300d\uff1a\u6416\u5230\u982d\u6688<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u5168\u53f0\u300c \u4e00\u7247\u7d2b\u767d\u300d\u6700\u5b8c\u6574\u6885\u96e8\u92d2\u9762\u4f86\u4e86 \u5168\u53f0\u9632\u8c6a\u96e8<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u660e\u4ec1\u6703\u300c\u4eac\u8475\u300d\u683d\u5728\u4ed6\u624b\u88e1 \u5317\u5e02\u8b66\u62db\u55bb\u7fd4\u7372\u91d1\u543e\u734e<\/a><\/h3><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>\n\n
\n\n
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div><\/div><\/div>

Post gallery<\/span><\/h2><\/div><\/div><\/div>
\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u300c\u5176\u4ed6\u4eba\u5225\u727d\u5165\u300d\uff01\u80e1\u5fd7\u5f37\u8ac7\u99ac\u8fa6\uff1a\u5468\u7f8e\u9752\u6703\u597d\u597d\u89e3\u6c7a\u300c\u5927\u5bb6\u8981\u76f8\u4fe1\u5979\u300d\"<\/a><\/div>
<\/div><\/div><\/div><\/div>
\"dummy-img\"<\/a><\/div>
<\/div><\/div><\/div><\/div>
\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-MLB\u300b\u9b3c\u795e\u9632\u79a6\u7387\u518d\u4e0b\u4fee\uff01\u5927\u8c37\u7fd4\u5e736\u5c40\u7121\u5931\u5206\uff0b\u731b\u6253\u8cde<\/a><\/div>
<\/div><\/div><\/div><\/div>
\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-IG\u62bd\u4e2d\u5927\u734e\u906d\u9a193\u63d0\u6b3e\u5361\uff01\u6b63\u59b9\u6dea\u6d17\u9322\u5171\u72af<\/a><\/div>
<\/div><\/div><\/div><\/div>
\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u81c9\u66f8\u8a02\u8cfc300\u5143\u7cbd\u5b50\uff01\u7537\u5b50\u906d\u300c\u672a\u5be6\u540d\u9a57\u8b49\u300d\u8a50\u9a19\u75db\u5931\u767e\u842c\u5143\"<\/a><\/div>
<\/div><\/div><\/div><\/div>
\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u840a\u723e\u5bcc\u96b1\u85cf\u7f8e\u98df\u88ab\u6436\u7206<\/a><\/div>
<\/div><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>\n<\/div>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u5168\u7403\u80a1\u5e02\u9762\u81e8\u5287\u70c8\u56de\u6a94\uff0c\u5f15\u767c\u6295\u8cc7 … Continue Reading\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u80a1\u5e02\u6050\u7206\u5931\u843d\u5341\u5e74\uff1f\u71b1\u9322\u6ce1\u6cab\u7015\u81e8\u7834\u88c2 2\u5927\u8cc7\u7522\u6210\u6551\u4e16\u4e3b<\/span><\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":10250387,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[15],"tags":[47],"acf":[],"aioseo_notices":[],"featured_image":{"url":"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/06\/chinatime_figure-3121.jpg"},"_links":{"self":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10250388"}],"collection":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/comments?post=10250388"}],"version-history":[{"count":1,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10250388\/revisions"}],"predecessor-version":[{"id":10250389,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10250388\/revisions\/10250389"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/media\/10250387"}],"wp:attachment":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/media?parent=10250388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/categories?post=10250388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/tags?post=10250388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}