{"id":19314,"date":"2022-06-17T23:56:00","date_gmt":"2022-06-17T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/?p=19314"},"modified":"2025-10-09T10:48:57","modified_gmt":"2025-10-09T02:48:57","slug":"%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/","title":{"rendered":"\u5bcc\u570b\u9280\u884c\uff08Wells Fargo\uff09\u5982\u4f55\u8cfa\u9322\uff1f\u66fe\u7d93\u5df4\u83f2\u7279\u548c\u8499\u683c\u90fd\u8b9a\u8b7d\u6709\u52a0\u7684\u91cd\u8981\u6301\u80a1"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"\u986f\u793a\/\u96b1\u85cf\u5167\u5bb9\u76ee\u9304\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" 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ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E5%8D%A1%E7%88%BE%EF%BC%8E%E8%90%8A%E6%96%AF%E7%89%B9%E7%9A%84%E8%B2%A2%E7%8D%BB\" >\u5361\u723e\uff0e\u840a\u65af\u7279\u7684\u8ca2\u737b<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E5%B7%B4%E8%8F%B2%E7%89%B9%E8%B4%8A%E5%90%8C%E5%AF%8C%E5%9C%8B%E9%8A%80%E8%A1%8C%E6%8A%BC%E6%B3%A8%E5%8A%A0%E5%B7%9E\" >\u5df4\u83f2\u7279\u8d0a\u540c\u5bcc\u570b\u9280\u884c\u62bc\u6ce8\u52a0\u5dde<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E8%AD%89%E6%98%8E%E5%B7%B4%E8%8F%B2%E7%89%B9%E7%9A%84%E5%89%8D%E6%99%AF%E7%9C%8B%E6%B3%95%E6%98%AF%E5%B0%8D%E7%9A%84\" >\u8b49\u660e\u5df4\u83f2\u7279\u7684\u524d\u666f\u770b\u6cd5\u662f\u5c0d\u7684<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E5%AF%8C%E5%9C%8B%E9%8A%80%E8%A1%8C%E9%9A%A8%E8%90%8A%E6%96%AF%E7%89%B9%E7%9A%84%E9%80%80%E4%BC%91%E8%80%8C%E8%B5%B0%E4%B8%8B%E5%9D%A1\" >\u5bcc\u570b\u9280\u884c\u96a8\u840a\u65af\u7279\u7684\u9000\u4f11\u800c\u8d70\u4e0b\u5761<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E6%A5%AD%E5%8B%99%E5%92%8C%E8%82%A1%E5%83%B9%E8%A1%A8%E7%8F%BE\" >\u696d\u52d9\u548c\u80a1\u50f9\u8868\u73fe<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E4%B8%BB%E8%A6%81%E6%A5%AD%E5%8B%99\" >\u4e3b\u8981\u696d\u52d9<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#2021%E5%B9%B4%E8%B2%A1%E5%8B%99%E8%A1%A8%E7%8F%BE\" >2021\u5e74\u8ca1\u52d9\u8868\u73fe<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E5%B8%82%E5%A0%B4%E7%9A%84%E4%BC%B0%E5%80%BC\" >\u5e02\u5834\u7684\u4f30\u503c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E6%9B%BE%E7%B6%93%E7%9A%84%E4%BF%A1%E8%AD%BD\" >\u66fe\u7d93\u7684\u4fe1\u8b7d<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E8%81%96%E8%AA%95%E6%A8%B9%E4%BA%8B%E4%BB%B6\" >\u8056\u8a95\u6a39\u4e8b\u4ef6<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E6%9C%89%E5%8F%B2%E4%BB%A5%E4%BE%86%E6%9C%80%E5%A4%A7%E7%9A%84%E6%B0%91%E4%BA%8B%E7%BD%B0%E5%96%AE\" >\u6709\u53f2\u4ee5\u4f86\u6700\u5927\u7684\u6c11\u4e8b\u7f70\u55ae<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E5%81%87%E5%B8%B3%E6%88%B6%E4%BA%8B%E4%BB%B6\" >\u5047\u5e33\u6236\u4e8b\u4ef6<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E4%BF%A1%E8%AD%BD%E6%98%AF%E7%84%A1%E5%83%B9\" >\u4fe1\u8b7d\u662f\u7121\u50f9<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%e6%9b%be%e7%b6%93%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%92%8c%e8%92%99%e6%a0%bc%e9%83%bd%e8%ae%9a%e8%ad%bd%e6%9c%89%e4%bd%b3%e7%9a%84%e9%87%8d%e8%a6%81%e6%8c%81%e8%82%a1%e5%af%8c%e5%9c%8b%e9%8a%80%e8%a1%8c\/#%E7%9B%B8%E9%97%9C%E6%96%87%E7%AB%A0\" >\u76f8\u95dc\u6587\u7ae0<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%85%AC%E5%8F%B8%E7%B0%A1%E4%BB%8B\"><\/span>\u516c\u53f8\u7c21\u4ecb<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>1990\u5e74\u6ce2\u514b\u590f\uff08\u7f8e\u80a1\u4ee3\u78bc\uff1aBRK.A\u548cBRK.B\uff09\u958b\u59cb\u8cb7\u9032\u5bcc\u570b\u9280\u884c\u7684\u80a1\u7968\uff0c\u9019\u6bb5\u6545\u4e8b\u503c\u5f97\u4e00\u63d0\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%8D%A1%E7%88%BE%EF%BC%8E%E8%90%8A%E6%96%AF%E7%89%B9%E7%9A%84%E8%B2%A2%E7%8D%BB\"><\/span>\u5361\u723e\uff0e\u840a\u65af\u7279\u7684\u8ca2\u737b<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u5bcc\u570b\u9280\u884c\u7684\u524d\u8463\u4e8b\u9577\u5361\u723e\uff0e\u840a\u65af\u7279\uff08Carl Reichart\uff09\uff0c\u4ed6\u5728\u63ee\u970d\u7121\u5ea6\u7684\u7522\u696d\u7576\u4e2d\u4ee5\u524a\u51cf\u6210\u672c\u7684\u80fd\u529b\u800c\u805e\u540d\u3002\u5149\u662f\u9019\u500b\u4e8b\u5be6\u5c31\u78ba\u4fdd\u4e86\u5bcc\u570b\u9280\u884c\u7684\u9577\u671f\u7372\u5229\u80fd\u529b\u52dd\u904e\u5927\u591a\u6578\u9280\u884c\u3002\u4e0d\u904e\uff0c\u52a0\u5dde\u7684\u64da\u9ede\u4ee4\u4eba\u5927\u60d1\u4e0d\u89e3\uff0c\u56e0\u70ba\u7576\u6642\u7f8e\u570b\u7684\u7d93\u6fdf\u9032\u5165\u8870\u9000\u671f\uff0c\u800c\u52a0\u5dde\u4e00\u76f4\u4ee5\u4f86\u90fd\u662f\u524d\u9032\u7e41\u69ae\u671f\u7684\u6700\u5927\u53d7\u76ca\u8005\u4e4b\u4e00\uff0c\u537b\u53ef\u80fd\u6bd4\u7f8e\u570b\u5176\u4ed6\u5927\u90e8\u5206\u5730\u5340\u906d\u53d7\u66f4\u5927\u7684\u640d\u5931\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%B7%B4%E8%8F%B2%E7%89%B9%E8%B4%8A%E5%90%8C%E5%AF%8C%E5%9C%8B%E9%8A%80%E8%A1%8C%E6%8A%BC%E6%B3%A8%E5%8A%A0%E5%B7%9E\"><\/span>\u5df4\u83f2\u7279\u8d0a\u540c\u5bcc\u570b\u9280\u884c\u62bc\u6ce8\u52a0\u5dde<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u5728<a href=\"https:\/\/berkshirehathaway.com\/letters\/1990.html\" target=\"_blank\" rel=\"noreferrer noopener\">1990\u5e74\u7684\u6ce2\u514b\u590f\u5e74\u5831\u4e2d<\/a>\uff0c\u5bcc\u570b\u9280\u884c\u662f\u7576\u6642\u6ce2\u514b\u590f\u7684\u7b2c\u516d\u5927\u6301\u80a1\uff0c\u5df4\u83f2\u7279\u4e5f\u8003\u616e\u904e\u9019\u4e9b\u554f\u984c\u3002\u4ed6\u63d0\u5230\u7684\u7b2c\u2014\u500b\u98a8\u96aa\u5c31\u662f\u52a0\u5dde\u7684\u5730\u9707\u3002\u4ed6\u8868\u793a\u66f4\u8feb\u5207\u7684\u9690\u6182\u662f\u51fa\u73fe\u7d93\u6fdf\u840e\u7e2e\u6216\u91d1\u878d\u6050\u614c\uff0c\u9019\u5e7e\u4e4e\u6703\u5371\u53ca\u65b0\u6709\u9ad8\u5ea6\u69d3\u687f\u5316\u7684\u6a5f\u69cb\uff0c\u7121\u8ad6\u9019\u4e9b\u6a5f\u69cb\u7684\u7d93\u7ba1\u65b9\u5f0f\u591a\u9ebc\u9ad8\u660e\u90fd\u7121\u6cd5\u633d\u56de\u3002<\/p>\n\n\n\n<p>\u4ed6\u63d0\u5230\u7684\u6700\u5f8c\u4e00\u500b\u96b1\u6182\u5f88\u8cbc\u8fd1\u73fe\u5be6\uff0c\u90a3\u5c31\u662f\u4e0d\u52d5\u7522\u50f9\u503c\u8207\u8cb8\u6b3e\u5d29\u76e4\u3002\u5c24\u5176\u662f\u5728\u52a0\u5dde\uff0c\u4ed6\u8aaa\uff1a\u300c\u8a31\u591a\u4eba\u8a8d\u70ba\u5bcc\u570b\u9280\u884c\u975e\u5e38\u5bb9\u53d7\u5f71\u97ff\u3002\u300d\u63a5\u8457\u4ed6\u6307\u51fa\u9019\u985e\u9ad8\u5ea6\u69d3\u687f\u5316\uff08\u4e3b\u8981\u662f\u6307\u623f\u5730\u7522\u8cb8\u6b3e\uff09\u7684\u640d\u5931\u53ef\u80fd\u6703\u4f7f1991\u5e74\u7684\u6536\u76ca\u5316\u70ba\u70cf\u6709\uff0c\u9019\u4e26\u4e0d\u662f\u4e0d\u53ef\u80fd\u7684\u4e8b\uff0c\u4f46\u4ed6\u8868\u793a\u53ef\u80fd\u6027\u5f88\u4f4e\uff0c\u5373\u4f7f\u771f\u7684\u767c\u751f\u4e86\uff0c\u4ed6\u4e5f\u4e0d\u6703\u4e0d\u5b89\u3002\u56e0\u70ba\u7576\u6642\u5f88\u5c11\u6709\u5176\u4ed6\u516c\u53f8\u53ef\u4ee5\u5f9e\u6301\u7e8c\u589e\u52a0\u7684\u80a1\u6b0a\u88e1\u8cfa\u53d620%\u7684\u6536\u76ca\u3002<\/p>\n\n\n\n<p>\u5927\u591a\u6570\u9280\u884c\u90fd\u6703\u300c\u63d0\u65e9\u8a8d\u5217\u300d\u6240\u6709\u5446\u5e33\u3002\u5bcc\u570b\u9280\u884c\u4e5f\u505a\u4e86\u540c\u6a23\u7684\u4e8b\u60c5\uff0c\u7d50\u679c\u6536\u76ca\u6d88\u5931\u4e86\uff0c\u66f4\u4ee4\u4eba\u6cae\u55aa\u7684\u662f\u80a1\u5229\u4e5f\u4e0b\u964d\u4e86\u3002\u5728\u6ce2\u65af\u7063\u6230\u722d\u5f8c\uff0c\u80a1\u50f9\u57281991\u5e74\u521d\u671f\u4e0a\u6f32\u8d85\u904e100\u7f8e\u5143\uff0c\u4f46\u5f8c\u4f86\u57281992\u5e74\u4e2d\u671f\u964d\u523057\u7f8e\u5143\u3002\u90a3\u4e00\u5e74\u7684\u80a1\u6771\u6b0a\u76ca\u5831\u916c\u7387\u53ea\u670914%\uff0c\u4e0d\u662f20%\u3002\u5373\u4fbf\u5982\u6b64\uff0c\u9280\u884c\u696d\u986f\u7136\u8655\u65bc\u5fa9\u7526\u72c0\u614b\uff0c\u80a1\u5229\u5f88\u5feb\u5c31\u6062\u5fa9\u4e86\uff0c\u4f46\u4f4e\u65bc\u4ee5\u5f80\u7684\u6c34\u6e96\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E8%AD%89%E6%98%8E%E5%B7%B4%E8%8F%B2%E7%89%B9%E7%9A%84%E5%89%8D%E6%99%AF%E7%9C%8B%E6%B3%95%E6%98%AF%E5%B0%8D%E7%9A%84\"><\/span>\u8b49\u660e\u5df4\u83f2\u7279\u7684\u524d\u666f\u770b\u6cd5\u662f\u5c0d\u7684<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u4f46\u662f\u5df4\u83f2\u7279\u524d\u666f\u7684\u770b\u6cd5\u66f4\u6e96\u78ba\uff0c\u800c\u4e14\u9577\u671f\u524d\u666f\u66f4\u52a0\u91cd\u8981\u30021994\u5e74\u5f8c\u7684\u80a1\u6771\u6b0a\u76ca\u5831\u916c\u7387\u56de\u5230\u4e8615%\u81f320%\u30021990\u5e74\u4ee3\u52a0\u5dde\u7684\u64da\u9ede\u4e00\u76f4\u8655\u65bc\u52a3\u52e2\uff0c\u4f46\u57281990\u5e74\u4ee3\u665a\u671f\u5177\u6709\u5f88\u5927\u7684\u512a\u52e2\uff0c\u539f\u56e0\u662f\u7af6\u722d\u5c0d\u624b\u8b8a\u5c11\u4e86\uff0c\u81f3\u5c11\u6c92\u4ec0\u9ebc\u7576\u5730\u7684\u7af6\u722d\u5c0d\u624b\uff0c\u56e0\u70ba\u7f8e\u570b\u9280\u884c\u7576\u6642\u7d93\u71df\u4e0d\u5584\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%AF%8C%E5%9C%8B%E9%8A%80%E8%A1%8C%E9%9A%A8%E8%90%8A%E6%96%AF%E7%89%B9%E7%9A%84%E9%80%80%E4%BC%91%E8%80%8C%E8%B5%B0%E4%B8%8B%E5%9D%A1\"><\/span>\u5bcc\u570b\u9280\u884c\u96a8\u840a\u65af\u7279\u7684\u9000\u4f11\u800c\u8d70\u4e0b\u5761<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u5361\u723e\uff0e\u840a\u65af\u7279\u9000\u4f11\u4e4b\u5f8c\uff0c\u5bcc\u570b\u9280\u884c\u57281996\u5e74\u597d\u9ad8\u9a16\u9060\uff0c\u6536\u8cfc\u52a0\u5dde\u7684\u7b2c\u4e00\u5dde\u969b\u9280\u884c\uff08First Interstate\uff09\u6642\u82b1\u8cbb\u904e\u591a\u30021998\u5e74\uff0c\u660e\u5c3c\u4e9e\u6ce2\u5229\u65af\u5e02\u7684\u897f\u5317\u9280\u884c\uff08Norwest Corporation\uff09\u6536\u8cfc\u4e86\u5bcc\u570b\u9280\u884c\uff0c\u800c\u5408\u4f75\u5f8c\u7684\u516c\u53f8\u66f4\u540d\u70ba\u5bcc\u570b\u9280\u884c\u96c6\u5718\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%A5%AD%E5%8B%99%E5%92%8C%E8%82%A1%E5%83%B9%E8%A1%A8%E7%8F%BE\"><\/span>\u696d\u52d9\u548c\u80a1\u50f9\u8868\u73fe<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><span class=\"ez-toc-section\" id=\"%E4%B8%BB%E8%A6%81%E6%A5%AD%E5%8B%99\"><\/span><strong>\u4e3b\u8981\u696d\u52d9<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>2021\u5e74\u5404\u90e8\u9580\u7684\u71df\u6536\u8868\u73fe\u5982\u4e0b\uff1a<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\u4e3b\u8981\u90e8\u9580\u7684\u71df\u6536<\/td><td>\u6578\u5b57\uff08\u7f8e\u91d1\u767e\u842c\uff09<\/td><\/tr><tr><td>\u6d88\u8cbb\u91d1\u878d\u9280\u884c<\/td><td>34,877<\/td><\/tr><tr><td>\u5546\u696d\u91d1\u878d\u9280\u884c<\/td><td>8,549<\/td><\/tr><tr><td>\u6295\u8cc7\u9280\u884c<\/td><td>13,839<\/td><\/tr><tr><td>\u8cc7\u7522\u7ba1\u7406<\/td><td>14,346<\/td><\/tr><tr><td>\u4f01\u696d<\/td><td>8,495<\/td><\/tr><tr><td>\u8abf\u6574\u9805\u76ee<\/td><td>1,614<\/td><\/tr><tr><td><strong>\u7e3d\u71df\u6536<\/strong><\/td><td><strong>78,492<\/strong> +5.69%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><span class=\"ez-toc-section\" id=\"2021%E5%B9%B4%E8%B2%A1%E5%8B%99%E8%A1%A8%E7%8F%BE\"><\/span><strong>2021\u5e74\u8ca1\u52d9\u8868\u73fe<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\u6307\u6a19<\/td><td>\u6578\u5b57\uff08\u7f8e\u91d1\u767e\u842c\uff09<\/td><\/tr><tr><td>\u71df\u6536<\/td><td>78,492 +5.69%<\/td><\/tr><tr><td>\u63d0\u5b58\u524d\u76c8\u9918<\/td><td>24,661 +48.26%<\/td><\/tr><tr><td>\u5446\u5e33\u63d0\u5217<\/td><td>(4,155)<\/td><\/tr><tr><td>\u6de8\u5229<\/td><td>21,548 +538.08%<\/td><\/tr><tr><td>\u5e02\u503c<\/td><td>186,441<\/td><\/tr><tr><td>\u6bcf\u80a1\u8cec\u9762\u6de8\u503c<\/td><td>43.32<\/td><\/tr><tr><td>ROE<\/td><td>12%<\/td><\/tr><tr><td>ROA<\/td><td>1.11%<\/td><\/tr><tr><td>\u653e\u6b3e<\/td><td>895,394<\/td><\/tr><tr><td>\u7e3d\u8cc7\u7522<\/td><td>1,948,068<\/td><\/tr><tr><td>\u5b58\u6b3e<\/td><td>1,482,479<\/td><\/tr><tr><td>\u9577\u671f\u8ca0\u50b5<\/td><td>537,531<\/td><\/tr><tr><td>\u8cb8\u6b3e\u640d\u5931\u6e96\u5099\u91d1<\/td><td>12,490<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><span class=\"ez-toc-section\" id=\"%E5%B8%82%E5%A0%B4%E7%9A%84%E4%BC%B0%E5%80%BC\"><\/span><strong>\u5e02\u5834\u7684\u4f30\u503c<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>2021<\/td><td>\u6469\u6839\u5927\u901a<\/td><td>\u7f8e\u570b\u9280\u884c<\/td><td>\u5bcc\u570b\u9280\u884c<\/td><td>\u82b1\u65d7\u9280\u884c&nbsp;<\/td><\/tr><tr><td>\u5e02\u503c\uff08\u7f8e\u91d1\u5341\u5104\uff09<\/td><td>361.68<\/td><td>299.15<\/td><td>167.88<\/td><td>98.82<\/td><\/tr><tr><td>\u80a1\u50f9<\/td><td>123.03<\/td><td>37.13<\/td><td>44.16<\/td><td>50.1<\/td><\/tr><tr><td>\u672c\u76ca\u6bd4<\/td><td>9.13<\/td><td>10.58<\/td><td>9.18<\/td><td>5.91<\/td><\/tr><tr><td>\u80a1\u5229\u6b96\u5229\u7387<\/td><td>3.25%<\/td><td>2.26%<\/td><td>2.26%<\/td><td>4.07%<\/td><\/tr><tr><td>\u7e3d\u8cc7\u7522\uff08\u7f8e\u91d1\u5341\u5104\uff09<\/td><td>3,743.567<\/td><td>3,169.495<\/td><td>1,948.068<\/td><td>2,291.413<\/td><\/tr><tr><td>ROA<\/td><td>1.3%<\/td><td>0.9%<\/td><td>0.9%<\/td><td>0.9%<\/td><\/tr><tr><td>ROE<\/td><td>19%<\/td><td>11.6%<\/td><td>10.4%<\/td><td>11.9%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%9B%BE%E7%B6%93%E7%9A%84%E4%BF%A1%E8%AD%BD\"><\/span>\u66fe\u7d93\u7684\u4fe1\u8b7d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E8%81%96%E8%AA%95%E6%A8%B9%E4%BA%8B%E4%BB%B6\"><\/span>\u8056\u8a95\u6a39\u4e8b\u4ef6<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u6211\u5728\u6211\u7684\u300a<a href=\"https:\/\/www.books.com.tw\/products\/0010889106?sloc=main\" target=\"_blank\" rel=\"noreferrer noopener\">\u8d85\u7d1a\u6210\u9577\u80a1\u6cd5\u5247<\/a>\u300b\u4e00\u66f8\u6700\u5f8c\u97622-3\u63d0\u904e\uff0c\u5361\u723e\uff0e\u840a\u65af\u7279\u8981\u57f7\u884c\u9577\u8cb7\u8056\u8a95\u6a39\u81ea\u5df1\u4ed8\u9322\u7684\u4e8b\u60c5\uff0c\u8499\u683c\u5c0d\u6b64\u8b9a\u8b7d\u6709\u52a0 \uff0c\u6ce2\u514b\u590f\u56e0\u6b64\u4e8b\u800c\u52a0\u78bc\u6301\u6709\u5bcc\u570b\u9280\u884c\u7684\u90e8\u4f4d\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%9C%89%E5%8F%B2%E4%BB%A5%E4%BE%86%E6%9C%80%E5%A4%A7%E7%9A%84%E6%B0%91%E4%BA%8B%E7%BD%B0%E5%96%AE\"><\/span>\u6709\u53f2\u4ee5\u4f86\u6700\u5927\u7684\u6c11\u4e8b\u7f70\u55ae<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u7f8e\u570b\u6d88\u8cbb\u8005\u91d1\u878d\u4fdd\u8b77\u5c40\uff08CFPB\uff09\u57282022\u5e7412\u6708\u5411\u5bcc\u570b\u9280\u884c\u958b\u51fa\u4e86\u7f8e\u570b\u6709\u53f2\u4ee5\u4f86\u6700\u5927\u7684\u6c11\u4e8b\u7f70\u55ae\uff0c\u9019\u662f\u8a72\u76e3\u7ba1\u6a5f\u69cb\u8207\u5bcc\u570b\u9280\u884c\u9054\u6210\u768437\u5104\u7f8e\u5143\u548c\u89e3\u5354\u8b70\u7684\u4e00\u90e8\u5206\uff0c\u8a72\u5354\u8b70\u6d89\u53ca\u5ee3\u6cdb\u7684\u6c7d\u8eca\u8cb8\u6b3e\u3001\u62b5\u62bc\u8cb8\u6b3e\u548c\u9280\u884c\u8cec\u6236\u7ba1\u7406\u4e0d\u5584\u3002<\/p>\n\n\n\n<p>\u8a72\u76e3\u7ba1\u6a5f\u69cb\u5728\u4e00\u4efd\u8072\u660e\u4e2d\u8868\u793a\uff0c\u8981\u6c42\u8a72\u9280\u884c\u652f\u4ed817\u5104\u7f8e\u5143\u7684\u6c11\u4e8b\u7f70\u6b3e\uff0c\u4e26\u53e6\u5916\u652f\u4ed820\u5104\u7f8e\u5143\uff0c\u4ee5\u7cfe\u6b63\u53d7\u9055\u898f\u884c\u70ba\u5f71\u97ff\u76841600\u591a\u842c\u500b\u5ba2\u6236\u8cec\u6236\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%81%87%E5%B8%B3%E6%88%B6%E4%BA%8B%E4%BB%B6\"><\/span>\u5047\u5e33\u6236\u4e8b\u4ef6<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u6211\u5728\u90e8\u843d\u683c\u88e1\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/07\/22\/%E5%8F%B0%E7%81%A3%E7%90%86%E5%B0%88%E6%8C%AA%E7%94%A8%E5%AE%A2%E6%88%B6%E5%AD%98%E6%AC%BE%E5%95%8F%E9%A1%8C%E6%9C%89%E5%A4%9A%E5%9A%B4%E9%87%8D\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u53f0\u7063\u7406\u5c08\u632a\u7528\u5ba2\u6236\u5b58\u6b3e\u554f\u984c\u6709\u591a\u56b4\u91cd\uff1f<\/a>\u300b\u4e5f\u66fe\u63d0\u53ca\uff0c\u5bcc\u570b\u9280\u884c\u7684\u5047\u5e33\u6236\u4e8b\u4ef6\u662f\u9020\u6210\u5df4\u83f2\u7279\u7684\u6ce2\u514b\u590f\u628a\u9019\u6a94\u66fe\u7d93\u516c\u958b\u5ba3\u544a\u7684\u7b2c\u56db\u5927\u6301\u80a1\uff0c\u5168\u90e8\u65bc\u4eca\u5e74\u51fa\u6e05\u7684\u4e3b\u8981\u539f\u56e0\u3002<\/p>\n\n\n\n<p>\u5df4\u83f2\u7279\u70ba\u4f55\u505a\u51fa\u51fa\u6e05\u6240\u6709\u6301\u80a1\u7684\u6c7a\u5b9a\uff1f\u56e0\u70ba\u4ed6\u8aaa\u904e\u300c<a href=\"https:\/\/www.cnbc.com\/2017\/08\/30\/warren-buffett-on-wells-fargo-theres-never-just-one-cockroach-in-the-kitchen.html#:~:text=Buffett%20Watch-,Warren%20Buffett%20on%20Wells%20Fargo%3A%20&#039;There&#039;s%20never%20just,one%20cockroach%20in%20the%20kitchen&#039;&amp;text=Buffett%20says%20when%20one%20puts,looking%20around%2C%E2%80%9D%20he%20says.\" target=\"_blank\" rel=\"noreferrer noopener\">\u7576\u4f60\u958b\u59cb\u74b0\u9867\u56db\u5468\u6642\uff0c\u4f60\u6703\u767c\u73fe\u5eda\u623f\u88e1\u5f9e\u4f86\u4e0d\u53ea\u6709\u4e00\u96bb\u87d1\u8782\u3002<\/a>\u300d<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"168\" height=\"104\" src=\"https:\/\/www.granitefirm.com\/blog\/wp-content\/uploads\/2022\/09\/w.jpg\" alt=\"\u5bcc\u570b\u9280\u884c\" class=\"wp-image-24559\"\/><figcaption class=\"wp-element-caption\">credit: wikimedia<\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E4%BF%A1%E8%AD%BD%E6%98%AF%E7%84%A1%E5%83%B9\"><\/span>\u4fe1\u8b7d\u662f\u7121\u50f9<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u9019\u5c31\u662f\u5df4\u83f2\u7279\u8aaa\u904e\u7684\u300c<a href=\"https:\/\/www.inc.com\/marcel-schwantes\/warren-buffett-says-you-can-ruin-your-life-in-5-minutes-by-making-1-critical-mistake.html\" target=\"_blank\" rel=\"noreferrer noopener\">\u8981\u5efa\u7acb\u826f\u597d\u7684\u8072\u8b7d\uff0c\u9700\u898120\u5e74\uff0c\u4f46\u8981\u6bc0\u6389\u826f\u597d\u7684\u8072\u8b7d\uff0c\u53ea\u9700\u89815\u5206\u9418\u3002\u660e\u767d\u5230\u9019\u4e00\u9ede\uff0c\u4f60\u505a\u4eba\u8655\u4e8b\u5c31\u6703\u6709\u5f88\u5927\u7684\u4e0d\u540c\u3002<\/a>\u300d\u7684\u4e00\u500b\u6700\u597d\u7684\u5beb\u7167\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%9B%B8%E9%97%9C%E6%96%87%E7%AB%A0\"><\/span>\u76f8\u95dc\u6587\u7ae0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/08\/14\/%e3%80%8a%e5%a4%a7%e5%88%b0%e4%b8%8d%e8%83%bd%e5%80%92%e3%80%8b\/\">\u300a\u5927\u5230\u4e0d\u80fd\u5012\uff08Too Big To Fall\uff09\u300b-2008\u5e74\u91d1\u878d\u98a8\u66b4\u6700\u4f73\u5165\u9580<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/10\/06\/%e7%be%8e%e5%9c%8b%e6%94%bf%e5%ba%9c%e5%85%a5%e8%82%a1%e7%9a%84%e4%bc%81%e6%a5%ad%e8%82%a1%e5%83%b9%e8%a1%a8%e7%8f%be%e5%a6%82%e4%bd%95%ef%bc%9f\/\">\u7f8e\u570b\u653f\u5e9c\u5165\u80a1\u7684\u4f01\u696d\uff0c\u80a1\u50f9\u8868\u73fe\u5982\u4f55\uff1f<\/a>\u300b<\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/06\/22\/%e3%80%8a%e9%bb%91%e9%87%91%e9%a2%a8%e6%9a%b4inside-job%e3%80%8b\/\">\u300a\u9ed1\u91d1\u98a8\u66b4(Inside Job)\u300b<\/a><\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/09\/28\/%e3%80%8a%e5%a4%a7%e8%b3%a3%e7%a9%ba%ef%bc%88the-big-short%ef%bc%89%e3%80%8b\/\">\u5927\u8ce3\u7a7a\uff08The Big Short\uff09<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/09\/03\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e6%8c%81%e6%9c%89%e7%9a%84%e9%9b%aa%e8%8a%b1%e7%a9%b6%e7%ab%9f%e6%98%af%e5%ae%b6%e4%bb%80%e9%ba%bc%e6%a8%a3%e7%9a%84%e7%a7%91%e6%8a%80%e5%85%ac%e5%8f%b8%ef%bc%9f\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5df4\u83f2\u7279\u6301\u6709\u7684\u96ea\u82b1\uff08Snowflake\uff09\u7a76\u7adf\u662f\u5bb6\u4ec0\u9ebc\u6a23\u7684\u79d1\u6280\u516c\u53f8\uff1f\u5b83\u7684\u50f9\u503c\u5728\u90a3\u88e1\uff1f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/12\/23\/%e5%86%8d%e8%ab%96%e9%9b%aa%e8%8a%b1%e7%9a%84%e7%ab%b6%e7%88%ad%e5%8a%9b\/\">\u6df1\u5165\u5256\u6790\u96ea\u82b1\uff08Snowflake\uff09\u7684\u7af6\u722d\u529b<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2024\/07\/18\/%E5%A4%A7%E5%88%B0%E4%B8%8D%E8%83%BD%E5%80%92%E7%9A%84%E7%BE%8E%E5%9C%8B%E9%8A%80%E8%A1%8C\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5927\u5230\u4e0d\u80fd\u5012\u7684\u7f8e\u570b\u9280\u884c\uff08Bank of America\uff09<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/10\/08\/%e6%8a%95%e8%b3%87%e9%8a%80%e8%a1%8c%e4%b9%8b%e7%8e%8b%e6%91%a9%e6%a0%b9%e5%a3%ab%e4%b8%b9%e5%88%a9\/\">\u6295\u8cc7\u9280\u884c\u4e4b\u738b\u6469\u6839\u58eb\u4e39\u5229\uff08Morgan Stanley\uff09<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/07\/12\/%E5%85%A8%E7%90%83%E6%9C%80%E5%A4%A7%E9%8A%80%E8%A1%8C%E6%91%A9%E6%A0%B9%E5%A4%A7%E9%80%9A\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5168\u7403\u6700\u5927\u9280\u884c\u6469\u6839\u5927\u901a\uff08JPMorgan Chase\uff09\u662f\u5982\u4f55\u8cfa\u9322\u7684\uff1f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/07\/27\/%E7%9B%B8%E4%BF%A1%E6%88%90%E5%8A%9F%E6%8A%95%E8%B3%87%E4%BA%BA%E6%98%AF%E5%80%96%E5%AD%98%E8%80%85%E5%81%8F%E8%AA%A4%E7%9A%84%E4%BA%BA%E4%B8%8D%E5%8F%AF%E8%83%BD%E6%88%90%E5%8A%9F\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%E6%9B%BE%E7%B6%93%E5%B7%B4%E8%8F%B2%E7%89%B9%E5%92%8C%E8%92%99%E6%A0%BC%E9%83%BD%E8%AE%9A%E8%AD%BD%E6%9C%89%E4%BD%B3%E7%9A%84%E9%87%8D%E8%A6%81%E6%8C%81%E8%82%A1%E5%AF%8C%E5%9C%8B%E9%8A%80%E8%A1%8C\/\">\u5bcc\u570b\u9280\u884c\u5982\u4f55\u8cfa\u9322\uff1f\u66fe\u7d93\u5df4\u83f2\u7279\u548c\u8499\u683c\u90fd\u8b9a\u8b7d\u6709\u52a0\u7684\u91cd\u8981\u6301\u80a1<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/04\/30\/%E4%BB%80%E9%BA%BC%E5%9B%A0%E7%B4%A0%E9%80%A0%E6%88%90%E8%8A%B1%E6%97%97%E6%94%BE%E6%A3%8413%E5%9C%8B%E7%9A%84%E9%9B%B6%E5%94%AE%E9%8A%80%E8%A1%8C%E6%A5%AD%E5%8B%99\/\">\u4ec0\u9ebc\u56e0\u7d20\u9020\u6210\u82b1\u65d7\uff08Citigroup\uff09\u653e\u68c413\u570b\u7684\u96f6\u552e\u9280\u884c\u696d\u52d9<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/09\/09\/%E8%8A%B1%E6%97%97%E9%9B%86%E5%9C%98\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u8d70\u4e0b\u5761\u4f01\u696d\u7684\u4ee3\u8868\u82b1\u65d7\u96c6\u5718\uff08Citigroup\uff09<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/09\/12\/%e6%82%a8%e6%87%89%e8%a9%b2%e8%aa%8d%e8%ad%98square%e9%80%99%e5%ae%b6%e4%bc%81%e6%a5%ad\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/04\/07\/%e7%82%ba%e4%bb%80%e9%ba%bc%e5%b7%b4%e8%8f%b2%e7%89%b9%e5%80%bc%e5%be%97%e6%b7%b1%e5%85%a5%e7%a0%94%e7%a9%b6%ef%bc%9f\/\">\u70ba\u4ec0\u9ebc\u5df4\u83f2\u7279\u503c\u5f97\u6df1\u5165\u7814\u7a76\uff1f<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/08\/17\/%e9%95%b7%e6%9c%9f%e6%8c%81%e8%82%a1%e7%9a%84%e5%8f%af%e8%83%bd%e6%80%a7\/\">\u9577\u671f\u6301\u80a1\u7684\u53ef\u80fd\u6027\uff0c\u5df4\u83f2\u7279\u6301\u80a1\u7684\u5be6\u969b\u6848\u4f8b<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/04\/27\/%E5%B7%B4%E8%8F%B2%E7%89%B9%E6%8C%81%E8%82%A1%E7%9A%84%E5%85%B1%E5%90%8C%E6%80%A7\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u5df4\u83f2\u7279\u6301\u80a1\u76843\u5927\u5171\u540c\u6027-\u4fbf\u5b9c\u3001\u56fa\u5b9a\u914d\u606f\u3001\u5eab\u85cf\u80a1<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/07\/27\/%E7%9B%B8%E4%BF%A1%E6%88%90%E5%8A%9F%E6%8A%95%E8%B3%87%E4%BA%BA%E6%98%AF%E5%80%96%E5%AD%98%E8%80%85%E5%81%8F%E8%AA%A4%E7%9A%84%E4%BA%BA%E4%B8%8D%E5%8F%AF%E8%83%BD%E6%88%90%E5%8A%9F\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/17\/%E6%9B%BE%E7%B6%93%E5%B7%B4%E8%8F%B2%E7%89%B9%E5%92%8C%E8%92%99%E6%A0%BC%E9%83%BD%E8%AE%9A%E8%AD%BD%E6%9C%89%E4%BD%B3%E7%9A%84%E9%87%8D%E8%A6%81%E6%8C%81%E8%82%A1%E5%AF%8C%E5%9C%8B%E9%8A%80%E8%A1%8C\/\">\u5bcc\u570b\u9280\u884c\u5982\u4f55\u8cfa\u9322\uff1f\u66fe\u7d93\u5df4\u83f2\u7279\u548c\u8499\u683c\u90fd\u8b9a\u8b7d\u6709\u52a0\u7684\u91cd\u8981\u6301\u80a1<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/07\/12\/%e7%be%8e%e5%9c%8b%e9%81%8b%e9%80%9a%ef%bc%8c%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%94%9f%e6%b6%af%e6%9c%80%e4%bd%b3%e7%9a%84%e6%8a%95%e8%b3%87%e4%b9%8b%e4%b8%80\/\">\u7f8e\u570b\u904b\u901a\uff0c\u5df4\u83f2\u7279\u751f\u6daf\u6700\u4f73\u7684\u6295\u8cc7\u4e4b\u4e00<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2023\/07\/30\/%e7%be%8e%e5%9c%8b%e9%81%8b%e9%80%9a%e5%92%8c%e5%a8%81%e5%a3%ab%e6%88%96%e8%90%ac%e5%a3%ab%e9%81%94%e4%bf%a1%e7%94%a8%e5%8d%a1%e6%9c%89%e4%bd%95%e4%b8%8d%e5%90%8c%ef%bc%9f\/\">\u7f8e\u570b\u904b\u901a\u548c\u5a01\u58eb\u6216\u842c\u58eb\u9054\u4fe1\u7528\u5361\u6709\u4f55\u4e0d\u540c<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/07\/27\/%E7%9B%B8%E4%BF%A1%E6%88%90%E5%8A%9F%E6%8A%95%E8%B3%87%E4%BA%BA%E6%98%AF%E5%80%96%E5%AD%98%E8%80%85%E5%81%8F%E8%AA%A4%E7%9A%84%E4%BA%BA%E4%B8%8D%E5%8F%AF%E8%83%BD%E6%88%90%E5%8A%9F\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u76f8\u4fe1\u6210\u529f\u6295\u8cc7\u4eba\u662f\u5016\u5b58\u8005\u504f\u8aa4\u7684\u4eba\u4e0d\u53ef\u80fd\u6210\u529f<\/a>\u300b<\/li>\n<\/ul>\n\n\n\n<p><em><strong>\u91cd\u8981\u8072\u660e<\/strong><\/em><\/p>\n\n\n\n<ul 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