{"id":181882,"date":"2020-03-15T12:16:09","date_gmt":"2020-03-15T04:16:09","guid":{"rendered":"https:\/\/www.lixiangluntan.com\/181882.html"},"modified":"2020-03-15T12:16:09","modified_gmt":"2020-03-15T04:16:09","slug":"%e5%85%ac%e5%8f%b8%e6%8f%90%e5%8f%96%e7%9b%88%e4%bd%99%e5%85%ac%e7%a7%af%e7%94%a8%e9%80%94%e4%bd%95%e5%9c%a8%ef%bc%9f_%e4%b8%9c%e6%96%b9%e8%b4%a2%e5%af%8c%e7%a0%b4%e8%a7%a3%e7%89%88","status":"publish","type":"post","link":"https:\/\/www.lixiangluntan.com\/?p=181882","title":{"rendered":"\u516c\u53f8\u63d0\u53d6\u76c8\u4f59\u516c\u79ef\u7528\u9014\u4f55\u5728\uff1f_\u4e1c\u65b9\u8d22\u5bcc\u7834\u89e3\u7248"},"content":{"rendered":"<blockquote style=\"font-size:15px;background-color: #F5F5F5;border:none;padding: 5px;margin:15px;line-height: 1.6;text-indent: 2em;\">\n<p style=\"margin-bottom:5px;\">\u4e3a\u4f55\u4f1a\u51fa\u73b0\u9ed1\u8272\u661f\u671f\u4e00\uff1f<\/p>\n<p>\u3000\u3000\u5f88\u591a\u4eba\u5728\u80a1\u707e\u540e\u611f\u5230\u5947\u602a\uff0c \u56e0\u5f53\u65e5\u6839\u672c\u6ca1\u6709\u4efb\u4f55\u4e0d\u5229\u80a1\u5e02\u7684\u6d88\u606f\u6216\u65b0\u95fb\uff0c \u56e0\u6b64\u4e0b\u8dcc\u770b\u4f3c\u5e76\u65e0\u5b9e\u5728\u7684\u539f\u56e0\uff0c \u4ee4\u5f53\u65f6\u5f88\u591a\u4eba\u6000\u7591\u662f\u7f8a\u7fa4\u5fc3\u7406\u3001\u5e02\u573a\u5931\u8d25 \uff08efficient market hypothesis\uff09 \u6216\u7ecf\u6d4e\u5931\u8861\u5f15\u81f4\u80a1\u707e\uff0c \u81f3\u4eca\u4ecd\u5728\u4e89\u8bba\u3002<\/p>\n<\/blockquote>\n<p><a href=\"http:\/\/www.lixiangluntan.com\" target=\"_blank\" rel=\"noopener noreferrer\">\u80a1\u7968\u516c\u5f0f\u5927\u5168<\/a>&nbsp;&nbsp;&nbsp;&nbsp; <\/p>\n<p> \u3000\u3000\u516c\u53f8\u63d0\u53d6<strong>\u76c8\u4f59\u516c\u79ef\u7528\u9014<\/strong>\u4f55\u5728\uff1f\u516c\u53f8\u63d0\u53d6\u76c8\u4f59\u516c\u79ef\u4e3b\u8981\u53ef\u4ee5\u7528\u4e8e\u54ea\u51e0\u4e2a\u65b9\u9762\uff1f<\/p>\n<p> \u3000\u3000\uff081\uff09\u7528\u4e8e\u5f25\u8865\u4e8f\u635f\u3002\u516c\u53f8\u53d1\u751f\u4e8f\u635f\u65f6\uff0c\u5e94\u7531\u516c\u53f8\u81ea\u884c\u5f25\u8865\u3002\u5f25\u8865\u4e8f\u635f\u7684\u6e20\u9053\u4e3b\u8981\u6709\u4e09\u6761\uff1a\u4e00\u662f\u7528\u4ee5\u540e\u5e74\u5ea6\u7a0e\u524d\u5229\u6da6\u5f25\u8865\u3002\u6309\u7167\u73b0\u884c\u5236\u5ea6\u89c4\u5b9a\uff0c\u516c\u53f8\u53d1\u751f\u4e8f\u635f\u65f6\uff0c\u53ef\u4ee5\u7528\u4ee5\u540e\u4e94\u5e74\u5185\u5b9e\u73b0\u7684\u7a0e\u524d\u5229\u6da6\u5f25\u8865\uff0c\u5373\u7a0e\u524d\u5229\u6da6\u5f25\u8865\u4e8f\u635f\u7684\u671f\u95f4\u4e3a\u4e94\u5e74\u3002\u4e8c\u662f\u7528\u4ee5\u540e\u5e74\u5ea6\u7a0e\u540e\u5229\u6da6\u5f25\u8865\u3002\u516c\u53f8\u53d1\u751f\u7684\u4e8f\u635f\u7ecf\u8fc7\u4e94\u5e74\u672a\u5f25\u8865\u8db3\u989d\u7684\uff0c\u672a\u5f25\u8865\u4e8f\u635f\u5e94\u7528\u6240\u5f97\u7a0e\u540e\u7684\u5229\u6da6\u5f25\u8865\u3002\u4e09\u662f\u4ee5\u76c8\u4f59\u516c\u79ef\u5f25\u8865\u4e8f\u635f\u3002\u516c\u53f8\u4ee5\u63d0\u53d6\u7684\u76c8\u4f59\u516c\u79ef\u5f25\u8865\u4e8f\u635f\u65f6\uff0c\u5e94\u5f53\u7531\u516c\u53f8\u8463\u4e8b\u4f1a\u63d0\u8bae\uff0c\u5e76\u7ecf\u80a1\u4e1c\u5927\u4f1a\u6279\u51c6\u3002<\/p>\n<p> \u3000\u3000\uff082\uff09\u8f6c\u589e\u8d44\u672c\uff0c\u5373\u6240\u8c13\u7684\u201c\u9001\u7ea2\u80a1\u201d\u3002\u516c\u53f8\u5c06\u76c8\u4f59\u516c\u79ef\u8f6c\u589e\u8d44\u672c\u65f6\uff0c\u5fc5\u987b\u7ecf\u80a1\u4e1c\u5927\u4f1a\u51b3\u8bae\u6279\u51c6\u3002\u5728\u5b9e\u9645\u5c06\u76c8\u4f59\u516c\u79ef\u8f6c\u589e\u8d44\u672c\u65f6\uff0c\u8981\u6309\u80a1\u4e1c\u539f\u6709\u6301\u80a1\u6bd4\u4f8b\u7ed3\u8f6c\u3002\u76c8\u4f59\u516c\u79ef\u8f6c\u589e\u8d44\u672c\u65f6\uff0c\u8f6c\u589e\u540e\u7559\u5b58\u7684\u76c8\u4f59\u516c\u79ef\u7684\u6570\u989d\u4e0d\u5f97\u5c11\u4e8e\u6ce8\u518c\u8d44\u672c\u768425%\u3002<\/p>\n<p> \u66f4\u591a\u76c8\u4f59\u516c\u79ef\u7528\u9014\u77e5\u8bc6\u8bf7\u5173\u6ce8\u77e5\u8bc6\u7f51<\/p>\n<p> \uff08\u80a1\u7968\u8d44\u6e90\u9986lixiangluntan.com\uff09<\/p>\n<blockquote style=\"font-size:15px;background-color: #F5F5F5;border:none;padding: 5px;margin:15px;line-height: 1.6;text-indent: 2em;\">\n<p style=\"margin-bottom:5px;\">\u3010\u80a1\u7968\u8d44\u6e90\u9986\u3011\u7092\u80a1\u6559\u7a0b\u3001\u9ed1\u9a6c\u80a1\u7968\u3001\u80a1\u7968\u8d44\u8baf\u3001\u671f\u8d27\u5916\u6c47\uff0c\u5927\u667a\u6167\u6caa\u6df110\u6863\u7834\u89e3,\u9ad8\u6210\u529f\u7387\u80a1\u7968\u6307\u6807,\u7b56\u7565\u6295\u8d44\u7834\u89e3,\u8d22\u7ecf\u80a1\u7968\u8bba\u575b,\u4e1c\u65b9\u8d22\u5bcc\u7834\u89e3\u7248,\u4e1c\u65b9\u8d22\u5bcc\u4e13\u4e1a\u7834\u89e3\u7248\u3002<\/p>\n<\/blockquote>\n<blockquote style=\"font-size:15px;background-color: #F5F5F5;border:none;padding: 5px;margin:15px;line-height: 1.6;text-indent: 2em;\">\n<p style=\"margin-bottom:5px;\">\u4f55\u4e3a\u7d2f\u79ef\u6295\u7968\u5236\uff1f<\/p>\n<p>\u3000\u3000\u7d2f\u79ef\u6295\u7968\u5236\u6307\u80a1\u4e1c\u5927\u4f1a\u9009\u4e3e\u4e24\u540d\u4ee5\u4e0a\u7684\u8463\u4e8b\u65f6\uff0c\u80a1\u4e1c\u6240\u6301\u7684\u6bcf\u4e00 \u80a1\u4efd\u62e5\u6709\u4e0e\u5f85\u9009\u8463\u4e8b\u603b\u4eba\u6570\u76f8\u7b49\u7684\u6295\u7968\u6743\uff0c\u80a1\u4e1c\u65e2\u53ef\u7528\u6240\u6709\u7684\u6295\u7968\u6743\u96c6\u4e2d\u6295\u7968\u9009\u4e3e\u4e00\u4eba\uff0c\u4e5f\u53ef\u5206\u6563\u6295\u7968\u9009\u4e3e\u6570\u4eba\uff0c\u6309\u5f97\u7968\u591a\u5c11\u4f9d\u6b21\u51b3\u5b9a\u8463\u4e8b\u5165\u9009\u7684\u8868\u51b3\u6743\u5236\u5ea6\u3002\u8fd9\u6837\u505a\u7684\u76ee\u7684\u5c31\u5728\u4e8e\u9632\u6b62\u5927\u80a1\u4e1c\u5229\u7528\u8868\u51b3\u6743\u4f18\u52bf\u64cd\u7eb5\u8463\u4e8b\u7684\u9009\u4e3e\uff0c\u77eb\u6b63\u201c\u4e00\u80a1\u4e00\u7968\u201d\u8868\u51b3\u5236\u5ea6\u5b58\u5728\u7684\u5f0a\u7aef\u3002\u6309\u8fd9\u79cd\u6295\u7968\u5236\u5ea6\uff0c\u9009\u4e3e\u8463\u4e8b\u65f6\u6bcf\u4e00\u80a1\u4efd\u4ee3\u8868\u7684\u8868\u51b3\u6743\u6570\u4e0d\u662f\u4e00\u4e2a\uff0c\u800c\u662f\u4e0e\u5f85\u9009\u8463\u4e8b\u7684\u4eba\u6570\u76f8\u540c\u3002\u80a1\u4e1c\u5728\u9009\u4e3e\u8463\u4e8b\u65f6\u62e5\u6709\u7684\u8868\u51b3\u6743\u603b\u6570\uff0c\u7b49\u4e8e\u5176\u6240\u6301\u6709\u7684\u80a1\u4efd\u6570\u4e0e\u5f85\u9009\u8463\u4e8b\u4eba\u6570\u7684\u4e58\u79ef\u3002\u6295\u7968\u65f6\uff0c\u80a1\u4e1c\u53ef\u4ee5\u5c06\u5176\u8868\u51b3\u6743\u96c6\u4e2d\u6295\u7ed9\u4e00\u4e2a\u6216\u51e0\u4e2a\u8463\u4e8b\u5019\u9009\u4eba\uff0c\u901a\u8fc7\u8fd9\u79cd\u5c40\u90e8\u96c6\u4e2d\u7684\u6295\u7968\u65b9\u6cd5\uff0c\u80fd\u591f\u4f7f\u4e2d\u5c0f\u80a1\u4e1c\u9009\u51fa\u4ee3\u8868\u81ea\u5df1\u5229\u76ca\u7684\u8463\u4e8b\uff0c\u907f\u514d\u5927\u80a1\u4e1c\u5784\u65ad\u5168\u90e8\u8463\u4e8b\u7684\u9009\u4efb\u3002<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>\u3000\u3000\uff081\uff09\u7528\u4e8e\u5f25\u8865\u4e8f\u635f\u3002\u516c\u53f8\u53d1\u751f\u4e8f\u635f\u65f6\uff0c\u5e94\u7531\u516c\u53f8\u81ea\u884c\u5f25\u8865\u3002\u5f25\u8865\u4e8f\u635f\u7684\u6e20\u9053\u4e3b\u8981\u6709\u4e09\u6761\uff1a\u4e00\u662f\u7528\u4ee5\u540e\u5e74\u5ea6\u7a0e\u524d\u5229\u6da6\u5f25\u8865\u3002\u6309\u7167\u73b0\u884c\u5236\u5ea6\u89c4\u5b9a\uff0c\u516c\u53f8\u53d1\u751f\u4e8f\u635f\u65f6\uff0c\u53ef\u4ee5\u7528\u4ee5\u540e\u4e94\u5e74\u5185\u5b9e\u73b0\u7684\u7a0e\u524d\u5229\u6da6\u5f25\u8865\uff0c\u5373\u7a0e\u524d\u5229\u6da6\u5f25\u8865\u4e8f\u635f\u7684\u671f\u95f4\u4e3a\u4e94\u5e74\u3002\u4e8c\u662f\u7528\u4ee5\u540e\u5e74\u5ea6\u7a0e\u540e\u5229\u6da6\u5f25\u8865\u3002\u516c\u53f8\u53d1\u751f\u7684\u4e8f\u635f\u7ecf\u8fc7\u4e94\u5e74\u672a\u5f25\u8865\u8db3\u989d\u7684\uff0c\u672a\u5f25\u8865\u4e8f\u635f\u5e94\u7528\u6240\u5f97\u7a0e\u540e\u7684\u5229\u6da6\u5f25\u8865\u3002\u4e09\u662f\u4ee5\u76c8\u4f59\u516c\u79ef\u5f25\u8865\u4e8f\u635f\u3002\u516c\u53f8\u4ee5\u63d0\u53d6\u7684\u76c8\u4f59\u516c\u79ef\u5f25\u8865\u4e8f\u635f\u65f6\uff0c\u5e94\u5f53\u7531\u516c\u53f8\u8463\u4e8b\u4f1a\u63d0\u8bae\uff0c\u5e76\u7ecf\u80a1\u4e1c\u5927\u4f1a\u6279\u51c6\u3002<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[105],"class_list":["post-181882","post","type-post","status-publish","format-standard","hentry","category-jczs","tag-105"],"_links":{"self":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/posts\/181882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=181882"}],"version-history":[{"count":0,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/posts\/181882\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=181882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=181882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=181882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}