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1\/22\u9031\u56db\u665a\u4e0a\u5bd2\u6d41\u767c\u5a01\uff0c\u5927\u6982\u662f\u8fd1\u671f\u6700\u9069\u5408\u7aa9\u5728\u88ab\u7aa9\u7684\u4e00\u665a\u3002<\/p>\n\n\n\n

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\u8eab\u70ba\u8ca1\u52d9\u9867\u554f\uff0c\u6211\u770b\u5f85\u85dd\u8853\u54c1\u4e0d\u53ea\u662f\u300c\u639b\u5728\u7246\u4e0a\u7684\u756b\u300d\uff0c\u800c\u662f\u8cc7\u7522\u914d\u7f6e\u4e2d\u7368\u7279\u7684**\u300c\u9632\u79a6\u6027\u8cc7\u7522\u300d**\uff1a<\/p>\n\n\n\n

\u2776 \u6578\u64da\u6703\u8aaa\u8a71 (Rationality)\uff1a
\u6839\u64da Artprice100 \u6307\u6578\uff0c\u85cd\u7c4c\u85dd\u8853\u54c1\u7684\u9577\u671f\u5e74\u5316\u5831\u916c\u7387\u7d04 8-9%\uff0c\u9019\u4e0d\u50c5\u5ab2\u7f8e S&P 500\uff0c\u66f4\u91cd\u8981\u7684\u662f\u5b83\u8207\u80a1\u5e02\u7684\u300c\u4f4e\u9023\u52d5\u6027\u300d\uff0c\u662f\u6975\u4f73\u7684\u98a8\u96aa\u907f\u98a8\u6e2f\u3002<\/p>\n\n\n\n

\u2777 \u5fc3\u7406\u7d05\u5229 (Psychic Dividend)\uff1a
\u9019\u662f\u80a1\u7968\u7d66\u4e0d\u4e86\u7684\u3002\u7576\u5e02\u5834\u6ce2\u52d5\u6642\uff0c\u4f60\u770b\u8457\u80a1\u7968\u5e33\u6236\u6703\u7126\u616e\uff1b\u4f46\u770b\u8457\u7246\u4e0a\u7684\u6536\u85cf\uff0c\u4f60\u5f97\u5230\u7684\u662f\u5fc3\u9748\u7684\u6ecb\u990a\u8207\u5e73\u975c\u3002\u9019\u4efd\u300c\u60c5\u611f\u50f9\u503c\u300d\uff0c\u4e5f\u662f\u6295\u8cc7\u56de\u5831\u7684\u4e00\u90e8\u5206\u3002<\/p>\n\n\n\n

\u6700\u91cd\u8981\u7684\u662f\uff0c\u9019\u6247\u9580\u6839\u672c\u6c92\u6709\u5927\u5bb6\u60f3\u50cf\u4e2d\u90a3\u9ebc\u91cd\u3001\u8ddd\u96e2\u9019\u9ebc\u9060\uff01<\/p>\n\n\n\n

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\u7919\u65bc\u7bc7\u5e45\uff0c\u90a3\u4e9b\u66f4\u7d30\u81a9\u7684\u64cd\u4f5c\u7b56\u7565\uff0c\u6211\u5011\u6709\u7de3\u518d\u804a\u5427\u3002\uff08\u4e0b\u6b21\u5225\u518d\u56e0\u70ba\u5929\u51b7\u932f\u904e\u56c9\u00a0)<\/p>\n\n\n\n

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\"\"<\/figure>\n
\n
\r\n<\/a>\n<\/div>\n\n
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