{"id":823334,"date":"2026-08-05T20:51:31","date_gmt":"2026-08-05T12:51:31","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=823334"},"modified":"2026-08-05T20:51:31","modified_gmt":"2026-08-05T12:51:31","slug":"%e6%a0%87%e6%99%ae500%e6%8c%87%e5%88%9b%e6%96%b0%e9%ab%98%e5%90%8e%ef%bc%8c%e5%a4%a7%e7%a9%ba%e5%a4%b4%e4%bc%af%e9%87%8c%e7%a7%b0%e5%85%b6%e5%8f%af%e8%83%bd%e5%87%ba%e7%8e%b01987","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=823334","title":{"rendered":"\u6807\u666e500\u6307\u521b\u65b0\u9ad8\u540e\uff0c\u201c\u5927\u7a7a\u5934\u201d\u4f2f\u91cc\u79f0\u5176\u53ef\u80fd\u51fa\u73b01987\u5e74\u5f0f\u7684\u66b4\u8dcc"},"content":{"rendered":"<p>\u5728\u6807\u666e500\u6307\u6570\u521b\u4e0b\u5386\u53f2\u65b0\u9ad8\u540e\uff0c\u8457\u540d<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%8a%95%e8%b5%84\" title=\"View all posts in \u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u6295\u8d44<\/a>\u8005\u3001\u7535\u5f71\u300a\u5927\u7a7a\u5934\u300b\u539f\u5f62\u8fc8\u514b\u5c14\u00b7\u4f2f\u91cc\u8b66\u544a1987\u5e74\u7684\u884c\u60c5\u53ef\u80fd\u91cd\u6f14\u3002<\/p>\n<p>\u5728\u6807\u666e500\u6307\u657042\u4e2a\u4ea4\u6613\u65e5\u4ee5\u6765\u9996\u6b21\u6536\u76d8\u521b\u4e0b\u65b0\u9ad8\u4e4b\u9645\uff0c\u8fc8\u514b\u5c14\u00b7\u4f2f\u91cc\u4e5f\u52a0\u5165\u4e86\u8ba8\u8bba\u3002<\/p>\n<p>\u201c\u6211\u4ecd\u7136\u8ba4\u4e3a\u6211\u4eec\u53ef\u80fd\u6b63\u5904\u4e8e\u4e00\u4e2a\u4e3b\u8981\u9876\u90e8\u9644\u8fd1\uff0c\u6709\u53ef\u80fd\u51fa\u73b01987\u5e74\u5f0f\u7684\u66b4\u8dcc\uff0c\u4f46\u6807\u666e500\u6307\u6570\u521b\u4e0b\u65b0\u9ad8\u53ef\u80fd\u4f1a\u5438\u5f15\u65b0\u8d44\u91d1\u8fdb\u5165\u5e02\u573a\uff0c\u201d\u4f2f\u91cc\u5468\u4e09\u65e9\u4e9b\u65f6\u5019\u5728X\u5e73\u53f0\u4e0a\u53d1\u5e16\uff0c\u6458\u5f55\u81ea\u5176Substack\u535a\u5ba2\u6587\u7ae0\u3002<\/p>\n<p>1987\u5e7410\u670819\u65e5\uff0c<span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/.DJI.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u9053\u743c\u65af<\/a><\/span><span><\/span>\u5de5\u4e1a\u5e73\u5747\u6307\u6570\u66b4\u8dcc22.6%\uff0c\u53f2\u79f0\u201c\u9ed1\u8272\u661f\u671f\u4e00\u201d\uff0c\u81f3\u4eca\u4ecd\u662f\u5176\u53f2\u4e0a\u6700\u5927\u5355\u65e5\u767e\u5206\u6bd4\u8dcc\u5e45\u3002<\/p>\n<p>\u4f2f\u91cc\u8868\u793a\uff0c\u4ed6\u901a\u8fc7iShares\u534a\u5bfc\u4f53ETF SOXX\u7684\u770b\u8dcc\u671f\u6743\u4ee5\u53ca\u201c\u80a1\u7968\u7a7a\u5934\u5934\u5bf8\u201d\u2014\u2014\u5373\u6295\u8d44\u8005\u501f\u5165\u5e76\u4e0d\u62e5\u6709\u7684\u80a1\u7968\u5e76\u5356\u51fa\uff0c\u5e0c\u671b\u4e4b\u540e\u4ee5\u66f4\u4f4e\u4ef7\u683c\u4e70\u56de\u4ee5\u83b7\u5229\u2014\u2014\u7ef4\u6301\u5bf9<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%8a%af%e7%89%87\" title=\"View all posts in \u82af\u7247\" target=\"_blank\" class=\"tag_link\">\u82af\u7247<\/a>\u80a1\u4e0b\u8dcc\u7684\u62bc\u6ce8\u30022025\u5e74\u672b\uff0c\u4f2f\u91cc\u7684Scion\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u9996\u6b21\u901a\u8fc7<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%81%9a%e7%a9%ba\" title=\"View all posts in \u505a\u7a7a\" target=\"_blank\" class=\"tag_link\">\u505a\u7a7a<\/a>Palantir Technologies\u548c\u82f1\u4f1f\u8fbe\uff0c\u663e\u9732\u51fa\u5176\u5bf9<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e4%ba%ba%e5%b7%a5%e6%99%ba%e8%83%bd\" title=\"View all posts in \u4eba\u5de5\u667a\u80fd\" target=\"_blank\" class=\"tag_link\">\u4eba\u5de5\u667a\u80fd<\/a>\u4ea4\u6613\u7684\u60b2\u89c2\u60c5\u7eea\u3002<\/p>\n<p>\u5c3d\u7ba1Palantir\u80a1\u4ef7\u56e0\u6700\u65b0\u8d22\u62a5\u800c\u4e0a\u6da8\uff0c\u4f46\u81ea11\u6708\u4f2f\u91cc\u5728\u76d1\u7ba1\u6587\u4ef6\u4e2d\u62ab\u9732\u505a\u7a7a\u8be5\u516c\u53f8\u4ee5\u6765\uff0c\u8be5\u80a1\u5df2\u6709\u6240\u4e0b\u8dcc\u3002\u82f1\u4f1f\u8fbe\u80a1\u4ef7\u6709\u6240\u4e0a\u6da8\uff0c\u4f46\u6da8\u5e45\u4e0d\u5927\u3002\u4f2f\u91cc\u6b64\u540e\u8fd8\u63a8\u8350\u4e86\u5176\u4ed6\u51e0\u53ea\u80a1\u7968\u4ea4\u6613\u3002<\/p>\n<p>\u201c\u8bf7\u8bb0\u4f4f\uff0c\u5e02\u573a\u5728\u6ce2\u52a8\u7387\u4e0b\u964d\u65f6\u4e0a\u6da8\uff0c\u4f1a\u8feb\u4f7f\u6ce2\u52a8\u7387\u76ee\u6807\u57fa\u91d1\u52a0\u5927\u6760\u6746\uff0c\u5e76\u5f15\u5165\u5176\u4ed6\u52a8\u91cf<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%ad%96%e7%95%a5\" title=\"View all posts in \u7b56\u7565\" target=\"_blank\" class=\"tag_link\">\u7b56\u7565<\/a>\u7684\u6760\u6746\uff0c\u201d\u4ed6\u5468\u4e09\u8868\u793a\u3002\u8fd9\u6307\u7684\u662f<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%af%b9%e5%86%b2%e5%9f%ba%e9%87%91\" title=\"View all posts in \u5bf9\u51b2\u57fa\u91d1\" target=\"_blank\" class=\"tag_link\">\u5bf9\u51b2\u57fa\u91d1<\/a>\u548c\u5176\u4ed6\u5927\u578b\u6295\u8d44\u8005\u91c7\u7528\u7684\u7cfb\u7edf\u6027\u7b56\u7565\uff0c\u5373\u6ce2\u52a8\u7387\u4e0b\u964d\u65f6\u81ea\u52a8\u4e70\u5165\u3002\u7136\u800c\uff0c\u5982\u679c\u60c5\u51b5\u53d1\u751f\u53d8\u5316\uff0c\u8fd9\u4e9b\u5934\u5bf8\u53ef\u80fd\u8fc5\u901f\u9006\u8f6c\uff0c\u4ece\u800c\u62d6\u7d2f\u80a1\u5e02\u8d70\u4f4e\u3002<\/p>\n<p><a href=\"https:\/\/www.alphaseek.cn\/?tag=%e8%8a%9d%e5%8a%a0%e5%93%a5\" title=\"View all posts in \u829d\u52a0\u54e5\" target=\"_blank\" class=\"tag_link\">\u829d\u52a0\u54e5<\/a>\u671f\u6743\u4ea4\u6613\u6240\u6ce2\u52a8\u7387\u6307\u6570<a href=\"https:\/\/www.alphaseek.cn\/?tag=vix\" title=\"View all posts in VIX\" target=\"_blank\" class=\"tag_link\">VIX<\/a>\uff08\u88ab\u79f0\u4e3a<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%8d%8e%e5%b0%94%e8%a1%97\" title=\"View all posts in \u534e\u5c14\u8857\" target=\"_blank\" class=\"tag_link\">\u534e\u5c14\u8857<\/a>\u7684\u201c\u6050\u60e7\u6307\u6807\u201d\uff09\u5468\u4e8c\u4e0a\u6da84%\u81f316.5\uff0c\u4f46\u5728\u8fc7\u53bb\u4e94\u4e2a\u4ea4\u6613\u65e5\u4e2d\u4e0b\u8dcc\u4e8621%\u3002<\/p>\n<p>\u4f2f\u91cc\u5728\u5176Substack\u535a\u5ba2\u4e2d\u5f15\u7528\u4e86BTIG Research\u7684Jonathan Krinsky\u7684\u89c2\u70b9\uff0c\u540e\u8005\u6307\u51fa\u6807\u666e500\u6307\u6570\u5728\u56db\u4e2a\u4ea4\u6613\u65e5\u5185\u4e0a\u6da85%\uff0c\u4e8e\u5468\u4e8c\u521b\u4e0b\u65b0\u9ad8\uff0c\u8fd9\u79cd\u60c5\u51b5\u5728\u8fc7\u53bb30\u5e74\u4e2d\u4ec5\u51fa\u73b0\u8fc7\u4e09\u6b21\u3002<\/p>\n<p>\u201c\u4e00\u6b21\u662f2000\u5e743\u670821\u65e5\uff0c\u57fa\u672c\u4e0a\u5904\u4e8e90\u5e74\u4ee3\u79d1\u6280<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%aa%92%e4%bd%93\" title=\"View all posts in \u5a92\u4f53\" target=\"_blank\" class=\"tag_link\">\u5a92\u4f53<\/a>\u7535\u4fe1\u6ce1\u6cab\u7684\u9876\u90e8\u3002\u53e6\u5916\u4e24\u6b21\u662f1999\u5e744\u670823\u65e5\u2014\u2014\u5927\u81f4\u662f\u5f53\u65f6\u5927\u591a\u6570\u611a\u8822\u7684\u4e92\u8054\u7f51\u516c\u53f8\u5f00\u59cb\u5d29\u76d8\u7684\u65f6\u5019\u2014\u2014\u4ee5\u53ca2020\u5e7411\u67089\u65e5\uff0c\u201d\u4f2f\u91cc\u8bf4\u3002\u4ed6\u5206\u4eab\u4e86Krinsky\u7684\u56fe\u8868\uff0c\u663e\u793a\u6700\u540e\u4e24\u6b21\u5e76\u975e\u6700\u4f73\u4e70\u5165\u65f6\u673a\uff1a<\/p>\n<p>\u4f2f\u91cc\u8fd8\u900f\u9732\u4e86\u4e00\u4e9b\u65b0\u4ed3\u4f4d\uff0c\u636e\u76f8\u5173\u62a5\u9053\u3002\u4ed6\u5e73\u4ed3\u4e86<span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/MSFT.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u5fae\u8f6f<\/a><\/span><span><\/span>\u7684\u591a\u5934\u548c\u770b\u6da8\u671f\u6743\uff0c\u5e73\u4ed3\u4e86<span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/ORCL.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u7532\u9aa8\u6587<\/a><\/span><span><\/span>\u7684\u7a7a\u5934\u548c\u770b\u8dcc\u671f\u6743\uff0c\u5e76\u5e73\u4ed3\u4e862026\u5e741\u6708\u5230\u671f\u7684Palantir\u770b\u8dcc\u671f\u6743\uff0c\u4f46\u4ecd\u5728\u505a\u7a7a\u8be5\u80a1\u3002<\/p>\n<p>Palantir\u80a1\u4ef7\u5468\u4e8c\u56e0<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e4%b8%9a%e7%bb%a9\" title=\"View all posts in \u4e1a\u7ee9\" target=\"_blank\" class=\"tag_link\">\u4e1a\u7ee9<\/a>\u5927\u8d85\u9884\u671f\u800c\u98d9\u534729%\uff0c\u521b\u4e0b\u81ea2024\u5e742\u6708\u4ee5\u6765\u6700\u5927\u5355\u65e5\u6da8\u5e45\u3002\u4ed6\u5c06\u82f1\u4f1f\u8fbe\u7684\u770b\u8dcc\u671f\u6743\u5c55\u671f\u81f32027\u5e746\u6708\uff0c\u5e76\u5c06Invesco 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SF065<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5728\u6807\u666e500\u6307\u6570\u521b\u4e0b\u5386\u53f2\u65b0\u9ad8\u540e\uff0c\u8457\u540d\u6295\u8d44\u8005\u3001\u7535\u5f71\u300a\u5927\u7a7a\u5934\u300b\u539f\u5f62\u8fc8\u514b\u5c14\u00b7\u4f2f\u91cc\u8b66\u544a1987\u5e74\u7684\u884c\u60c5\u53ef\u80fd\u91cd\u6f14\u3002 \u5728\u6807 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