{"id":19849,"date":"2022-12-21T23:56:00","date_gmt":"2022-12-21T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/?p=19849"},"modified":"2025-12-10T11:28:48","modified_gmt":"2025-12-10T03:28:48","slug":"%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/12\/21\/%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e\/","title":{"rendered":"\u6210\u9577\u6295\u8cc7\u548c\u50f9\u503c\u6295\u8cc7\uff0c\u5df4\u83f2\u7279\u7684\u539f\u59cb\u89c0\u9ede"},"content":{"rendered":"\n<p>\u9577\u4e45\u4ee5\u4f86\uff0c\u6295\u8cc7\u4eba\u5c0d\u6210\u9577\u6295\u8cc7\u548c\u50f9\u503c\u6295\u8cc7\u4e4b\u9593\u4e00\u76f4\u5b58\u5728\u722d\u8ad6\u3002\u6211\u5011\u5c07\u5728\u9019\u7bc7\u6587\u7ae0\u4e2d\u63ed\u793a\u5df4\u83f2\u7279\u5c0d\u6210\u9577\u8207\u50f9\u503c\u6295\u8cc7\u7684\u6700\u539f\u59cb\u7684\u770b\u6cd5\u3002<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 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\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/12\/21\/%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e\/#%E5%83%B9%E5%80%BC%E6%8A%95%E8%B3%87%E7%9A%84%E5%9F%BA%E7%A4%8E\" >\u50f9\u503c\u6295\u8cc7\u7684\u57fa\u790e<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/12\/21\/%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e\/#%E5%B7%B4%E8%8F%B2%E7%89%B9%E7%9A%84%E9%80%B2%E5%8C%96%E6%BC%94%E8%AE%8A\" >\u5df4\u83f2\u7279\u7684\u9032\u5316\u6f14\u8b8a<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/12\/21\/%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e\/#%E6%88%90%E9%95%B7%E6%8A%95%E8%B3%87%E5%9F%BA%E7%A4%8E\" >\u6210\u9577\u6295\u8cc7\u57fa\u790e<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/12\/21\/%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e\/#%E4%BA%BA%E5%80%91%E7%9A%84%E8%AA%A4%E8%A7%A3\" >\u4eba\u5011\u7684\u8aa4\u89e3<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/12\/21\/%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e\/#%E6%88%90%E9%95%B7%E6%98%AF%E5%83%B9%E5%80%BC%E7%9A%84%E7%B5%84%E6%88%90%E9%83%A8%E5%88%86\" >\u6210\u9577\u662f\u50f9\u503c\u7684\u7d44\u6210\u90e8\u5206<\/a><\/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\/12\/21\/%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e\/#%E6%88%90%E9%95%B7%E9%9C%80%E8%A6%81%E8%A2%AB%E8%AD%89%E6%98%8E%E6%98%AF%E5%90%A6%E7%AC%A6%E5%90%88%E5%83%B9%E5%80%BC\" >\u6210\u9577\u9700\u8981\u88ab\u8b49\u660e\u662f\u5426\u7b26\u5408\u50f9\u503c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/12\/21\/%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e\/#%E8%92%99%E6%A0%BC%E7%9A%84%E7%9C%8B%E6%B3%95\" >\u8499\u683c\u7684\u770b\u6cd5<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/12\/21\/%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e\/#%E7%B5%90%E8%AB%96\" >\u7d50\u8ad6<\/a><\/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\/12\/21\/%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e\/#%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%83%B9%E5%80%BC%E6%8A%95%E8%B3%87%E7%9A%84%E5%9F%BA%E7%A4%8E\"><\/span>\u50f9\u503c\u6295\u8cc7\u7684\u57fa\u790e<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u5df4\u83f2\u7279\u4ee5\u5021\u5c0e\u50f9\u503c\u6295\u8cc7\u65b9\u5f0f\u800c\u805e\u540d\u2500\u2500\u2500\u2500\u6839\u64da\u5c0d\u516c\u53f8\u57fa\u672c\u9762\u7684\u67d0\u7a2e\u5206\u6790\uff0c\u8cfc\u8cb7\u76f8\u5c0d\u65bc\u5176\u50f9\u503c\u88ab\u4f4e\u4f30\u7684\u516c\u53f8\u80a1\u7968\uff0c\u9019\u8868\u793a\u95dc\u6ce8\u516c\u53f8\u7684\u80a1\u5229\u6b96\u5229\u7387\u3001\u672c\u76ca\u6bd4\u500d\u6578\u3001\u80a1\u50f9\u6de8\u503c\u6bd4\u7b49\u91cd\u8981\u7684\u516c\u53f8\u57fa\u672c\u9762\u7684\u6307\u6a19\u3002<\/p>\n\n\n\n<p>\u5df4\u83f2\u7279\u500b\u4eba\u5c0d\u50f9\u503c\u6295\u8cc7\u7684\u7b56\u7565\u7684\u8868\u8ff0\u53ea\u662f\u300c\u4ee5\u5408\u7406\u7684\u50f9\u683c\u627e\u5230\u4e00\u5bb6\u512a\u79c0\u7684\u516c\u53f8\u300d\uff0c\u800c\u4e0d\u662f\u4ee5\u4f4e\u5ec9\u7684\u50f9\u683c\u5c0b\u627e\u5e73\u5eb8\u7684\u516c\u53f8\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%B7%B4%E8%8F%B2%E7%89%B9%E7%9A%84%E9%80%B2%E5%8C%96%E6%BC%94%E8%AE%8A\"><\/span>\u5df4\u83f2\u7279\u7684\u9032\u5316\u6f14\u8b8a<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u4f46\u5df4\u83f2\u7279\u5c0d\u300c\u50f9\u503c\u6295\u8cc7\u300d\u7684\u64c1\u8b77\u4e26\u4e0d\u8868\u793a\u8457\u5df4\u83f2\u7279\u5c0d\u6210\u9577\u6301\u61f7\u7591\u7684\u614b\u5ea6\u2500\u2500\u2500\u2500\u907f\u514d\u50c5\u56e0\u70ba\u589e\u9577\u6f5b\u529b\u6703\u6bd4\u73fe\u5728\u5927\u5f97\u591a\u7684\u516c\u53f8\u5c31\u9032\u884c\u6295\u8cc7\uff08\u8a73\u898b\u672c\u6587\u6700\u672b\u7684\u7c97\u9ad4\u52a0\u659c\u9ad4\u5b57\u90a3\u6bb5\u53e5\u5b50\uff0c\u60a8\u5c31\u66b8\u89e3\u4e86\uff09\u3002<\/p>\n\n\n\n<p>\u5df4\u83f2\u7279\u5728\u4ed6\u7684<a href=\"http:\/\/www.berkshirehathaway.com\/letters\/1992.html\" target=\"_blank\" rel=\"noreferrer noopener\">1992\u5e74\u7684\u6ce2\u514b\u590f\u80a1\u6771\u4fe1<\/a>\u4e2d\u6307\u51fa\uff0c\u5c0d\u300c\u50f9\u503c\u300d\u611f\u8208\u8da3\u7684\u6295\u8cc7\u8005\u548c\u5c0d\u300c\u589e\u9577\u300d\u611f\u8208\u8da3\u7684\u6295\u8cc7\u8005\u4e00\u76f4\u88ab\u8a8d\u70ba\u5b58\u5728\u5206\u6b67\u7684\u9019\u4ef6\u4e8b\uff0c\u63d0\u51fa\u904e\u5b8c\u6574\u7684\u770b\u6cd5\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%88%90%E9%95%B7%E6%8A%95%E8%B3%87%E5%9F%BA%E7%A4%8E\"><\/span>\u6210\u9577\u6295\u8cc7\u57fa\u790e<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u9019\u7a2e\u60f3\u6cd5\u8a8d\u70ba\uff0c\u6210\u9577\u578b\u6295\u8cc7\u8005\u4e3b\u8981\u5c0b\u627e\u80fd\u5920\u4ee5\u9ad8\u65bc\u5e73\u5747\u6c34\u5e73\u7684\u901f\u5ea6\u589e\u9577\u7684\u516c\u53f8\u3002 \u6210\u9577\u578b\u6295\u8cc7\u8005\u559c\u6b61\u7684\u516c\u53f8\u4eca\u5929\u53ef\u80fd\u770b\u8d77\u4f86\u5f88\u6602\u8cb4\uff0c\u4f46\u5982\u679c\u5b83\u5011\u7684\u589e\u9577\u901f\u5ea6\u9054\u5230\u6216\u9ad8\u65bc\u9810\u671f\u7684\u901f\u5ea6\uff0c\u90a3\u9ebc\u5c0d\u4ed6\u5011\u7684\u6295\u8cc7\u5c31\u662f\u503c\u5f97\u7684\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E4%BA%BA%E5%80%91%E7%9A%84%E8%AA%A4%E8%A7%A3\"><\/span>\u4eba\u5011\u7684\u8aa4\u89e3<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u4e00\u822c\u7684\u50f9\u503c\u6295\u8cc7\u8005\u7684\u8a8d\u77e5\u88e1\u9762\uff0c\u6703\u5728\u5176\u57fa\u672c\u9762\u5206\u6790\u4e2d\u5ffd\u7565\u4e86\u6f5b\u5728\u7684\u6210\u9577\u3002<\/p>\n\n\n\n<p>\u4f46\u662f\u5df4\u83f2\u7279\u62d2\u7d55\u9019\u7a2e\u5c0d\u6bd4\uff0c\u81ea\u8c6a\u5730\u5ba3\u7a31\u300c\u589e\u9577\u548c\u50f9\u503c\u6295\u8cc7\u61c9\u8a72\u662f\u7dca\u5bc6\u76f8\u9023\u7684\u300d\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%88%90%E9%95%B7%E6%98%AF%E5%83%B9%E5%80%BC%E7%9A%84%E7%B5%84%E6%88%90%E9%83%A8%E5%88%86\"><\/span>\u6210\u9577\u662f\u50f9\u503c\u7684\u7d44\u6210\u90e8\u5206<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u5df4\u83f2\u7279\u5728\u4ed6\u7684<a href=\"http:\/\/www.berkshirehathaway.com\/letters\/1992.html\" target=\"_blank\" rel=\"noreferrer noopener\">1992\u5e74\u7684\u6ce2\u514b\u590f\u80a1\u6771\u4fe1<\/a>\u4e2d\u6307\u51fa\uff0c\u300c<strong>\u5927\u591a\u6578\u5206\u6790\u5e2b\u8a8d\u70ba\u4ed6\u5011\u5fc5\u9808\u5728\u4e00\u822c\u88ab\u8a8d\u70ba\u662f\u5c0d\u7acb\u7684\u300e\u50f9\u503c\u300f\u548c\u300e\u589e\u9577\u300f\u9019\u5169\u7a2e\u65b9\u6cd5\u4e4b\u9593\u505a\u51fa\u9078\u64c7\u3002<\/strong>\u300d<\/p>\n\n\n\n<p>\u300e\u6211\u5011\u8a8d\u70ba\u9019\u662f\u4e00\u7a2e\u6a21\u7cca\u7684\u601d\u7dad\uff08\u5fc5\u9808\u627f\u8a8d\uff0c\u6211\u81ea\u5df1\u5e7e\u5e74\u524d\u5c31\u9019\u9ebc\u505a\u4e86\uff09\u2026\u2026\u6210\u9577\u59cb\u7d42\u662f\u50f9\u503c\u8a08\u7b97\u7684\u4e00\u500b\u7d44\u6210\u90e8\u5206\uff0c\u6210\u9577\u662f\u50f9\u503c\u69cb\u6210\u7684\u4e00\u500b\u8b8a\u6578\uff0c\u5b83\u7684\u91cd\u8981\u6027\u53ef\u4ee5\u5f9e\u5fae\u4e0d\u8db3\u9053\u5230\u5de8\u5927\uff1b\u5f71\u97ff\u53ef\u4ee5\u65e2\u662f\u6d88\u6975\u7684\uff0c\u4e5f\u53ef\u662f\u7a4d\u6975\u7684\u3002\u300f<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"231\" height=\"105\" src=\"https:\/\/www.granitefirm.com\/blog\/wp-content\/uploads\/2022\/07\/ET-Money.jpg\" alt=\"\u6210\u9577\u6295\u8cc7\u548c\u50f9\u503c\u6295\u8cc7\" class=\"wp-image-22772\"\/><figcaption class=\"wp-element-caption\">Credit: ET Money<\/figcaption><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%88%90%E9%95%B7%E9%9C%80%E8%A6%81%E8%A2%AB%E8%AD%89%E6%98%8E%E6%98%AF%E5%90%A6%E7%AC%A6%E5%90%88%E5%83%B9%E5%80%BC\"><\/span>\u6210\u9577\u9700\u8981\u88ab\u8b49\u660e\u662f\u5426\u7b26\u5408\u50f9\u503c<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u5c0d\u65bc\u5df4\u83f2\u7279\u4f86\u8aaa\uff0c\u50f9\u503c\u6295\u8cc7\u610f\u5473\u8457\u300c\u5c0b\u6c42\u81f3\u5c11\u8db3\u4ee5\u8b49\u660e\u6240\u652f\u4ed8\u91d1\u984d\u5408\u7406\u7684\u50f9\u503c\u300d\u3002 \u56e0\u70ba\u60a8<strong><em>\u671f\u671b\u4e00\u5bb6\u516c\u53f8\u8868\u73fe\u51fa\u5065\u5eb7\u7684\u9577\u671f\u589e\u9577\u800c\u5c0d\u5176\u9032\u884c\u66f4\u9ad8\u7684\u4f30\u503c\u8207\u50c5\u50c5\u56e0\u70ba\u60a8\u76f8\u4fe1\u5b83\u6703\u589e\u9577\u7136\u5f8c\u8b49\u660e\u60a8\u7684\u4f30\u503c\u5408\u7406\u800c\u6295\u8cc7\u4e00\u5bb6\u516c\u53f8\u662f\u4e0d\u540c\u7684<\/em><\/strong>\u2500\u2500\u2500\u2500\u5df4\u83f2\u7279\u4e26\u4e0d\u559c\u6b61\u9019\u7a2e\u505a\u6cd5\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E8%92%99%E6%A0%BC%E7%9A%84%E7%9C%8B%E6%B3%95\"><\/span>\u8499\u683c\u7684\u770b\u6cd5<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u67e5\u7406\uff0e\u8499\u683c\u660e\u78ba\u8868\u793a\u904e\uff1a\u300c\u6240\u6709\u660e\u667a\u7684\u6295\u8cc7\u90fd\u662f\u50f9\u503c\u6295\u8cc7\uff0c\u53d6\u5f97\u6bd4\u4f60\u6240\u4ed8\u51fa\u7684\u66f4\u591a\u3002\u4f60\u5fc5\u9808\u8a55\u4f30\u8a72\u4e8b\u696d\u7684\u50f9\u503c\uff0c\u624d\u80fd\u5c0d\u80a1\u7968\u9032\u884c\u4f30\u503c\u3002\u300d\u4ed6\u7684\u8a71\u548c\u5df4\u83f2\u7279\u7684\u89c0\u9ede\u5f88\u985e\u4f3c\u3002 <\/p>\n\n\n\n<p>\u9019\u53e5\u8a71\u95e1\u660e\u4e86\u50f9\u503c\u6295\u8cc7\u3002\u9032\u884c\u80a1\u7968\u6295\u8cc7\uff0c\u5c31\u662f\u95dc\u65bc\u5224\u65b7\u300c\u300c\u80a1\u50f9\u300d\u8207\u300c\u50f9\u503c\u300d\u4e4b\u9593\u7684\u5dee\u8ddd\uff0c\u4e26\u63a1\u53d6\u76f8\u61c9\u884c\u52d5\u3002\u5b5f\u683c\u8a8d\u70ba\u6bcf\u4e00\u80a1\u80a1\u7968\u5c31\u662f\u4ee3\u8868\u516c\u53f8\u57fa\u790e\u696d\u52d9\u7684\u4e00\u90e8\u4efd\uff0c\u56e0\u6b64\u8981\u4e86\u89e3\u80a1\u7968\u7684\u50f9\u503c\uff0c\u5c31\u5fc5\u9808\u8a55\u4f30\u57fa\u672c\u696d\u52d9\u7684\u50f9\u503c\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%B5%90%E8%AB%96\"><\/span>\u7d50\u8ad6<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u8acb\u8a18\u4f4f\u5df4\u83f2\u7279\u6240\u8aaa\u7684\uff1a\u6210\u9577\u59cb\u7d42\u662f\u50f9\u503c\u8a08\u7b97\u7684\u4e00\u500b\u7d44\u6210\u90e8\u5206\uff0c\u6210\u9577\u662f\u50f9\u503c\u69cb\u6210\u7684\u4e00\u500b\u8b8a\u6578\u3002<\/p>\n\n\n\n<p>\u50f9\u503c\u6295\u8cc7\u548c\u6210\u9577\u6295\u8cc7\u7406\u5ff5\u76f8\u901a\u7684\uff1a\u50f9\u503c\u662f\u6295\u8cc7\u672a\u4f86\u7684\u73fe\u5728\u73fe\u91d1\u6d41\u91cf\u7684\u6298\u73fe\u503c\uff0c\u800c\u6210\u9577\u53ea\u662f\u7528\u4f86\u6c7a\u5b9a\u50f9\u503c\u7684\u9810\u6e2c\u904e\u7a0b\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><a href=\"https:\/\/www.granitefirm.com\/blog\/investing-methods\/long-term-investing\/%E6%88%91%E7%82%BA%E4%BD%95%E9%9D%92%E7%9D%9E%E6%88%90%E9%95%B7%E8%82%A1%E8%80%8C%E9%9D%9E%E5%83%B9%E5%80%BC%E8%82%A1%EF%BC%9F\/\">\u300a\u6211\u70ba\u4f55\u9752\u775e\u6210\u9577\u80a1\u800c\u975e\u50f9\u503c\u80a1\uff1f\u300b<\/a><\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/12\/08\/%e6%88%90%e9%95%b7%e8%82%a1%e7%9a%84%e6%8a%95%e8%b3%87%e4%b9%8b%e9%81%93\/\">\u6210\u9577\u80a1\u7684\u6295\u8cc7\u4e4b\u9053\uff08Investing for growth\uff09<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2025\/05\/27\/%E5%83%B9%E5%80%BC%E6%8A%95%E8%B3%87bejamin-graham\/\">\u845b\u62c9\u6f22\u7684\u50b3\u8a18\u300a\u50f9\u503c\u6295\u8cc7\uff08Benjamin Graham on Value Investing\uff09\u300b<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/12\/21\/%e6%88%90%e9%95%b7%e6%8a%95%e8%b3%87%e5%92%8c%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e5%8e%9f%e5%a7%8b%e8%a7%80%e9%bb%9e\/\">\u6210\u9577\u6295\u8cc7\u548c\u50f9\u503c\u6295\u8cc7\uff0c\u5df4\u83f2\u7279\u7684\u539f\u59cb\u89c0\u9ede<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/11\/07\/%e9%9b%aa%e8%8c%84%e7%85%99%e5%b1%81%e8%82%a1%e6%8a%95%e8%b3%87%e6%b3%95%e7%9a%84%e5%95%8f%e9%a1%8c\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u96ea\u8304\u7159\u5c41\u80a1\u6295\u8cc7\u6cd5\u7684\u554f\u984c<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/06\/23\/%e5%83%b9%e5%80%bc%e6%8a%95%e8%b3%87%e7%9a%84%e4%bb%8a%e6%98%94\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u50f9\u503c\u6295\u8cc7\u7684\u4eca\u6614<\/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\/12\/07\/%e5%b7%b4%e8%8f%b2%e7%89%b9%e7%9a%84%e6%8a%95%e8%b3%87%e6%83%b3%e6%b3%95%e7%9a%84\/\">\u5df4\u83f2\u7279\u662f\u5982\u4f55\u767c\u6398\u6295\u8cc7\u60f3\u6cd5\u7684\uff1f<\/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\/2021\/09\/29\/%e6%8a%95%e8%b3%87%e4%ba%ba%e7%9a%84%e5%85%a9%e5%a4%a7%e6%ae%ba%e6%89%8b%e9%80%9a%e8%86%a8%e5%92%8c%e5%88%a9%e7%8e%87\/\">\u6295\u8cc7\u4eba\u7684\u4e09\u5927\u6bba\u624b\uff1a\u901a\u81a8\uff0c\u5229\u7387\uff0c\u548c\u7a05\u8ce6<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/05\/31\/%e6%88%90%e9%95%b7%e8%82%a1%e6%9a%b4%e8%b7%8c%e7%9a%84%e5%8e%9f%e5%9b%a0%e4%b8%8a%e9%9b%86\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u7f8e\u570b\u6210\u9577\u80a1\u66b4\u8dcc\u7684\u539f\u56e0\uff08\u4e0a\u96c6\uff09<\/a>\u300b<\/li>\n\n\n\n<li>\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2022\/06\/03\/%e6%88%90%e9%95%b7%e8%82%a1%e6%9a%b4%e8%b7%8c%e7%9a%84%e5%8e%9f%e5%9b%a0%e4%b8%8b%e9%9b%86\/\">\u7f8e\u570b\u6210\u9577\u80a1\u66b4\u8dcc\u7684\u539f\u56e0\uff08\u4e0b\u96c6\uff09\u300b<\/a><\/li>\n\n\n\n<li><span style=\"font-size: revert;\">\u300a<a href=\"https:\/\/www.granitefirm.com\/blog\/blog\/2021\/05\/16\/%e7%99%bc%e7%8f%be%e6%b0%91%e7%94%9f%e7%94%a2%e6%a5%ad%e8%a3%a1%e7%9a%84%e8%b6%85%e7%b4%9a%e6%88%90%e9%95%b7%e8%82%a1%e7%9a%84%e5%8f%af%e8%83%bd%e6%80%a7\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u767c\u73fe\u6c11\u751f\u7522\u696d\u88e1\u8d85\u7d1a\u6210\u9577\u80a1\u7684\u53ef\u80fd\u6027<\/a>\u300b<\/span><\/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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