{"id":11428,"date":"2024-09-19T10:38:48","date_gmt":"2024-09-19T02:38:48","guid":{"rendered":"https:\/\/blog.roboadvisor.com.tw\/?p=11428"},"modified":"2024-09-19T10:38:48","modified_gmt":"2024-09-19T02:38:48","slug":"%e7%b6%93%e6%bf%9f%e5%ad%b8%e5%ae%b6%e5%b0%a4%e9%87%91%c2%b7%e6%b3%95%e7%91%aa%ef%bc%9a%e3%80%8c%e6%9c%89%e6%95%88%e5%b8%82%e5%a0%b4%e5%8f%aa%e6%98%af%e4%b8%80%e5%80%8b%e5%81%87%e8%a8%ad%ef%bc%8c","status":"publish","type":"post","link":"https:\/\/blog.roboadvisor.com.tw\/?p=11428","title":{"rendered":"\u7d93\u6fdf\u5b78\u5bb6\u5c24\u91d1\u00b7\u6cd5\u746a\uff1a\u300c\u6709\u6548\u5e02\u5834\u53ea\u662f\u4e00\u500b\u5047\u8a2d\uff0c\u4e0d\u662f\u73fe\u5be6\u3002\u300d"},"content":{"rendered":"\n<p>\u4e0a\u500b\u5468\u672b\u6211\u95b1\u8b80\u4e86\u83ef\u723e\u8857\u65e5\u5831\u63a1\u8a2a\u829d\u52a0\u54e5\u5927\u5b78\u6559\u6388\u5c24\u91d1\u00b7\u6cd5\u746a\uff08Eugene Fama\uff09\u300a<a href=\"https:\/\/www.ft.com\/content\/ec06fe06-6150-4f39-8175-37b9b61a5520?accessToken=zwAGIOt57x0IkdPsBv4GYVBPOdOBdTe5thpVIA.MEUCIQDysJ3sliNdgIA_akMsMordkncBcJS7YoQQqPuvWnL-bAIgM2cS_WAaV7M3fXi-lTat3-wiTrqLDVg4pg4LAFNP7F0&amp;sharetype=gift&amp;token=f24476a2-9e0f-427a-a981-326182f03da7\">Economist Eugene Fama: \u2018Efficient markets is a hypothesis. It\u2019s not reality\u2019<\/a>\u300b\u7684\u5831\u5c0e\uff0c\u9019\u7bc7\u5831\u5c0e\u63a1\u8a2a\u4e86\u5c24\u91d1\u00b7\u6cd5\u746a\u5c0d\u65bc\u5e02\u5834\u3001\u7406\u8ad6\u7684\u89c0\u9ede\u770b\u6cd5\uff0c\u4e26\u4ecb\u7d39\u6cd5\u746a\u7684\u500b\u4eba\u80cc\u666f\u8207\u5b78\u8853\u6b77\u7a0b\u3002<\/p>\n\n\n\n<p>\u5c24\u91d1\u00b7\u6cd5\u746a\uff08Eugene Fama\uff09\u662f\u4e16\u754c\u4e0a\u6700\u8457\u540d\u3001\u6700\u6709\u5f71\u97ff\u529b\u7684\u91d1\u878d\u5b78\u6559\u6388\uff0c\u8981\u6b78\u529f\u65bc\u4ed6\u9769\u547d\u6027\u7684\u6709\u6548\u5e02\u5834\u5047\u8aaa\uff08efficient market hypothesis\uff09\uff0c\u7531\u65bc\u4ed6\u5728\u91d1\u878d\u7684\u8ca2\u737b\uff0c\u6cd5\u746a\u57282013 \u5e74\u8afe\u8c9d\u723e\u7d93\u6fdf\u5b78\u734e\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u6709\u6548\u5e02\u5834\u662f\u4ec0\u9ebc\uff1f<\/h2>\n\n\n\n<p>\u6709\u6548\u5e02\u5834\u5047\u8aaa\uff08efficient market hypothesis\uff09\u9019\u4e00\u5047\u8aaa\u4e3b\u5f35\uff0c\u5e02\u5834\u4e0a\u7684\u80a1\u7968\u50f9\u683c\u5728\u4efb\u4f55\u6642\u523b\u90fd\u53cd\u6620\u4e86\u6240\u6709\u5df2\u77e5\u7684\u8cc7\u8a0a\uff0c\u56e0\u70ba\u7121\u6578\u6295\u8cc7\u8005\u6301\u7e8c\u4e0d\u65b7\u5730\u8a66\u5716\u8d85\u8d8a\u5e02\u5834\uff0c\u537b\u56e0\u6b64\u4f7f\u5f97\u5e02\u5834\u50f9\u683c\u66f4\u52a0\u6e96\u78ba\uff0c\u96e3\u4ee5\u6230\u52dd\u5e02\u5834\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u725b\u91cd\u91cf\u731c\u6e2c\u6bd4\u8cfd\uff0c\u731c\u731c\u725b\u6709\u591a\u91cd\uff1f<\/h2>\n\n\n\n<p>\u6cd5\u746a\u7684\u6709\u6548\u5e02\u5834\u5047\u8aaa\u53ef\u4ee5\u7528\u5f17\u6717\u897f\u65af\u00b7\u9ad8\u723e\u9813\u7235\u58eb\uff08Sir Francis Galton\uff09\u65bc1907\u5e74\u5728\u725b\u91cd\u91cf\u731c\u6e2c\u6bd4\u8cfd\u4e2d\u7684\u89c0\u5bdf\u4f86\u6bd4\u55bb\u3002Galton \u662f\u4e00\u4f4d\u82f1\u570b\u79d1\u5b78\u5bb6\u548c\u7d71\u8a08\u5b78\u5bb6\uff0c\u4e5f\u662f\u6700\u65e9\u63d0\u51fa<a href=\"https:\/\/pgfinnote.com\/regression-to-the-mean\/\">\u56de\u6b78\uff08regression\uff09<\/a>\u6982\u5ff5\u7684\u4eba\u3002<\/p>\n\n\n\n<p>\u5f17\u6717\u897f\u65af\u00b7\u9ad8\u723e\u9813\u7235\u58eb\u5728 1907 \u5e74\u7684\u89c0\u5bdf\u4f86\u81ea\u4e00\u5834\u6751\u838a\u96c6\u5e02\u4e0a\u7684\u6bd4\u8cfd\uff0c\u9019\u6b21\u6bd4\u8cfd\u7684\u5167\u5bb9\u662f\u8b93\u53c3\u52a0\u8005\u731c\u6e2c\u4e00\u982d\u5c60\u5bb0\u5f8c\u7684\u725b\u7684\u91cd\u91cf\uff0c\u7576\u6642\u4ed6\u5c0d\u7fa4\u9ad4\u667a\u6167\u62b1\u6301\u61f7\u7591\u614b\u5ea6\uff0c\u8a8d\u70ba\u7fa4\u773e\u7684\u5e73\u5747\u731c\u6e2c\u4e0d\u6703\u6bd4\u5c08\u5bb6\u4f86\u5f97\u6e96\u78ba\u3002\u7136\u800c\uff0c\u5728\u5206\u6790\u4e86\u9019\u6b21\u6bd4\u8cfd\u7684\u6578\u64da\u5f8c\uff0c\u4ed6\u767c\u73fe\u7fa4\u773e\u7684\u5e73\u5747\u731c\u6e2c\u8207\u5be6\u969b\u91cd\u91cf\u975e\u5e38\u63a5\u8fd1\u3002<\/p>\n\n\n\n<p>\u5728\u9019\u6b21\u6bd4\u8cfd\u4e2d\uff0c\u6709\u5927\u7d04 800 \u4eba\u53c3\u52a0\uff0cGalton \u6536\u96c6\u4e86\u4ed6\u5011\u7684\u731c\u6e2c\uff0c\u4e26\u8a08\u7b97\u51fa\u9019\u4e9b\u731c\u6e2c\u7684\u5e73\u5747\u503c\u3002\u7d50\u679c\u986f\u793a\uff0c\u7fa4\u9ad4\u7684\u5e73\u5747\u731c\u6e2c\u662f 1,197 \u78c5\uff0c\u800c\u725b\u7684\u5be6\u969b\u91cd\u91cf\u662f 1,198 \u78c5\uff0c\u8aa4\u5dee\u50c5\u6709 1 \u78c5\u3002\u9019\u4e00\u7d50\u679c\u8b93 Galton \u6539\u8b8a\u4e86\u5c0d\u7fa4\u9ad4\u667a\u6167\u7684\u770b\u6cd5\uff0c\u8a8d\u70ba\u5728\u67d0\u4e9b\u60c5\u6cc1\u4e0b\uff0c\u5927\u91cf\u975e\u5c08\u5bb6\u500b\u9ad4\u7684\u96c6\u9ad4\u667a\u6167\u53ef\u4ee5\u63a5\u8fd1\u6216\u751a\u81f3\u8d85\u904e\u5c08\u5bb6\u7684\u5224\u65b7\u3002<\/p>\n\n\n\n<p>\u9019\u89c0\u5bdf\u51fa\u81ea\u4ed6\u7684\u5b78\u8853\u6587\u7ae0\u300aVox Populi\u300b\uff08\u4eba\u6c11\u4e4b\u8072\uff09\uff0c\u9019\u7bc7\u6587\u7ae0\u767c\u8868\u5728 \u300aNature\u300b\u96dc\u8a8c\u4e0a\uff081907 \u5e74\u7b2c75\u5377\u7b2c1949\u671f\uff09\uff0c\u9019\u500b\u7814\u7a76\u4e5f\u88ab\u8a31\u591a\u5f8c\u4f86\u7684\u5b78\u8005\u5f15\u7528\uff0c\u4e26\u4e14\u6210\u70ba\u8a0e\u8ad6\u300c\u7fa4\u9ad4\u667a\u6167\u300d\u6982\u5ff5\u7684\u91cd\u8981\u4f8b\u8b49\u3002<\/p>\n\n\n\n<p>\u5b83\u8fc5\u901f\u6210\u70ba\u91d1\u878d\u5b78\u8853\u754c\u7684\u6559\u689d\uff0c\u70ba\u73fe\u5728\u50f9\u503c\u6578\u5146\u7f8e\u5143\u7684\u88ab\u52d5\u6295\u8cc7\u7522\u696d\u5960\u5b9a\u4e86\u77e5\u8b58\u57fa\u790e\uff0c\u9019\u4e9b\u57fa\u91d1\u9664\u4e86\u8a66\u5716\u4ee5\u76e1\u53ef\u80fd\u4f4e\u7684\u6210\u672c\u6a21\u4eff\u5e02\u5834\u4e4b\u5916\u4ec0\u9ebc\u4e5f\u4e0d\u505a\u3002<\/p>\n\n\n\n<p>\u56e0\u70ba<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u5c0d\u65bc\u6709\u6548\u5e02\u5834\u7684\u555f\u767c<\/h2>\n\n\n\n<p>\u6cd5\u746a\u6c42\u5b78\u6642\u671f\u7684\u4e00\u4f4d\u6559\u6388\u517c\u8077\u7d93\u71df\u80a1\u7968\u5e02\u5834\u9810\u6e2c\u670d\u52d9\uff0c\u4e26\u8981\u6c42\u5e74\u8f15\u7684\u6cd5\u746a\u6e2c\u8a66\u4ed6\u767c\u660e\u7684\u5404\u7a2e\u7b56\u7565\u3002<\/p>\n\n\n\n<p>\u6b77\u53f2\u6578\u64da\u8868\u660e\u7b56\u7565\u53ef\u80fd\u6709\u6548\uff0c\u4f46\u5728\u5be6\u969b\u4ea4\u6613\u4e2d\u9019\u4e9b\u7b56\u7565\u537b\u5931\u6557\u4e86\u3002<\/p>\n\n\n\n<p>\u6cd5\u746a\u56de\u61b6\u9053\uff1a\u300c\u9019\u4e9b\u7b56\u7565\u7e3d\u662f\u5728\u6a23\u672c\u4e2d\u8d77\u4f5c\u7528\uff0c\u4e26\u4e14\u6c38\u9060\u4e0d\u6703\u5728\u6a23\u672c\u4e4b\u5916\uff0c\u6211\u8a8d\u70ba\u9019\u662f\u555f\u767c\u6211\u95dc\u65bc\u6709\u6548\u5e02\u5834\u7684\u7b2c\u4e00\u8ab2\u3002\u300d<\/p>\n\n\n\n<p>\u7528\u6bd4\u55bb\u4f86\u8aaa\uff0c\u6a23\u672c\u5167\u6709\u6548\u7684\u7b56\u7565\u50cf\u662f\u6211\u5011\u5728\u8a13\u7df4\u5834\u4e0a\u7684\u9ad8\u624b\u58eb\u5175\uff0c\u4f46\u653e\u5230\u5be6\u969b\u7684\u6230\u5834\uff08\u6a23\u672c\u5916\uff09\u6642\uff0c\u9019\u4e9b\u770b\u4f3c\u7cbe\u826f\u7684\u58eb\u5175\u537b\u986f\u5f97\u4e0d\u582a\u4e00\u64ca\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u5e02\u5834\u9084\u6709\u6548\u55ce\uff1f<\/h2>\n\n\n\n<p>\u4f46\u9019\u7bc7\u6587\u7ae0\u6709\u8da3\u7684\u5728\u65bc\u7528\u63a5\u8fd1\u53cd\u9762\u7684\u554f\u984c\u4f86\u8a62\u554f\u6cd5\u746a\u5c0d\u65bc\u8fd1\u671f\u5e02\u5834\u7684\u770b\u6cd5\uff1a\u300c\u5e02\u5834\u662f\u4e0d\u662f\u6c92\u90a3\u9ebc\u6709\u6548\uff1f\u300d<\/p>\n\n\n\n<p>\u7531\u65bc\u4eba\u5de5\u667a\u6167\u7684\u72c2\u71b1\uff0c\u80a1\u5e02\u8b8a\u6210\u5012\u4e09\u89d2\u5f62\uff0c\u610f\u601d\u662f\u7531\u5927\u578b\u80a1\u4e3b\u5c0e\u5e02\u5834\uff0c\u800c\u4e14\u751a\u81f3\u9023 Fama \u524d\u7814\u7a76\u52a9\u7406\u514b\u5229\u798f\u5fb7\u00b7\u963f\u65af\u5167\u65af (Clifford Asness)\u57282023\u5e74\u63a5\u53d7\u63a1\u8a2a\uff08<a href=\"https:\/\/www.ft.com\/content\/813b3d76-6ef1-427d-a2e0-76540f58a510\">Markets are becoming less efficient, not more, says AQR\u2019s Clifford Asness<\/a>\uff09\u4e5f\u8868\u793a\uff1a\u300c\uff08\u5e02\u5834\uff09\u7684\u6548\u7387\u53ef\u80fd\u6bd4\u6211 25 \u5e74\u524d\u60f3\u50cf\u7684\u8981\u4f4e\u300d\u3001\u300c\u5728\u6211\u7684\u8077\u696d\u751f\u6daf\u4e2d\uff0c\u4ed6\u5011\u7684\u6548\u7387\u53ef\u80fd\u6703\u964d\u4f4e\u300d\u3002<\/p>\n\n\n\n<p>\u5c0d\u6b64\uff0c\u6cd5\u746a\u537b\u6de1\u7136\u56de\u61c9\uff0c\u4ed6\u8a8d\u70ba\u9019\u4e9b\u73fe\u8c61\u4e26\u4e0d\u610f\u5473\u8457\u5e02\u5834\u5931\u6548\uff0c\u800c\u662f\u6295\u8cc7\u8005\u5c0d\u98a8\u96aa\u8207\u56de\u5831\u7684\u4e0d\u540c\u89e3\u8b80\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u5982\u4f55\u7406\u89e3\u6709\u6548\u5e02\u5834<\/h2>\n\n\n\n<p>\u5118\u7ba1\u6709\u6548\u5e02\u5834\u5047\u8aaa\u5728\u6578\u5341\u5e74\u4f86\u98fd\u53d7\u722d\u8b70\uff0c\u4f46\u5b83\u4ecd\u662f\u91d1\u878d\u5b78\u4e2d\u4e0d\u53ef\u5ffd\u8996\u7684\u6838\u5fc3\u7406\u8ad6\u3002\u6cd5\u746a\u672c\u4eba\u4e5f\u5766\u8a00\uff0c\u5047\u8aaa\u53ea\u662f\u4e00\u500b\u89e3\u91cb\u5e02\u5834\u904b\u4f5c\u7684\u5de5\u5177\uff0c\u7121\u6cd5\u6db5\u84cb\u6240\u6709\u60c5\u6cc1\u3002<\/p>\n\n\n\n<p>\u6cd5\u746a\u8868\u793a\uff1a<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u300c\u6240\u6709\u7684\u7d93\u6fdf\u5b78\u90fd\u662f\u4e00\u9580\u884c\u70ba\u79d1\u5b78\u3002\u5dee\u5225\u5728\u65bc\u4f60\u8a8d\u70ba\u9019\u7a2e\u884c\u70ba\u662f\u975e\u7406\u6027\u7684\u9084\u662f\u7406\u6027\u7684\u300d\uff08When people ask me what I think about behavioural economics, I just say that all of economics is a behavioural science. The difference is whether you think the behaviour is irrational or rational.\uff09<\/em><\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u554f\u984c\u662f\u5b83\u5c0d\u4f60\u7684\u76ee\u7684\u662f\u5426\u6709\u6548\u3002\u5c0d\u6211\u8a8d\u8b58\u7684\u5e7e\u4e4e\u6bcf\u4e00\u4f4d\u6295\u8cc7\u4eba\u4f86\u8aaa\uff0c\u7b54\u6848\u90fd\u662f\u80af\u5b9a\u7684\u3002\u4ed6\u5011\u7121\u6cd5\u6230\u52dd\u5e02\u5834\uff0c\u6240\u4ee5\u4ed6\u5011\u6700\u597d\u8868\u73fe\u5f97\u597d\u50cf\u5b9a\u50f9\u662f\u6b63\u78ba\u7684\u3002 \uff08The question is whether it is efficient for your purpose. And for almost every investor I know, the answer to that is yes. They\u2019re not going to be able to beat the market so they might as well behave as if the prices are right.\uff09<\/p>\n<\/blockquote>\n\n\n\n<p>\u5c0d\u65bc\u7d55\u5927\u591a\u6578\u6295\u8cc7\u8005\u4f86\u8aaa\uff0c\u63a5\u53d7\u5e02\u5834\u50f9\u683c\u5927\u81f4\u6b63\u78ba\uff0c\u4e26\u63a1\u7528\u88ab\u52d5\u6295\u8cc7\u7b56\u7565\uff0c\u4f9d\u7136\u662f\u6700\u70ba\u5408\u7406\u7684\u9078\u64c7\u3002<\/p>\n\n\n\n<p>\u4e16\u754c\u5404\u5730\u6578\u5341\u5e74\u7684\u6578\u64da\u5df2\u7d93\u8b49\u660e\u4e86\u9019\u4e00\u9ede\u3002\u5236\u5b9a\u91d1\u878d\u57fa\u6e96\u7684\u6a19\u6e96\u666e\u723e\u5168\u7403\u516c\u53f8(S&amp;P Global)\u7684\u6700\u65b0\u6578\u64da\u8868\u660e\uff0c<strong>\u5728\u904e\u53bb\u5341\u5e74\u4e2d\uff0c\u53ea\u6709\u4e0d\u523010%\u7684\u7f8e\u570b\u9078\u80a1\u8005\u548c\u4e0d\u523020%\u7684\u82f1\u570b\u9078\u80a1\u8005\u8dd1\u8d0f\u4e86\u5e02\u5834<\/strong>\u3002<\/p>\n\n\n\n<p>\u4e16\u754c\u5176\u4ed6\u5730\u65b9\u7684\u6578\u64da\u76f8\u4f3c\uff0c\u800c\u4e14\u6642\u9593\u8d8a\u9577\uff0c\u60c5\u6cc1\u5c31\u8d8a\u7cdf\uff0c\u9019\u662f\u6578\u5146\u7f8e\u5143\u4e0d\u65b7\u5f9e\u50b3\u7d71\u7684\u4e3b\u52d5\u7ba1\u7406\u57fa\u91d1\u6e67\u5165\u88ab\u52d5\u7ba1\u7406\u57fa\u91d1\u7684\u4e3b\u8981\u539f\u56e0\u3002<\/p>\n\n\n\n<p><a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=1662\" target=\"_blank\" rel=\"noopener\" title=\"\">\u963f\u723e\u767c\u7684\u6838\u5fc3\u6295\u8cc7\u908f\u8f2f<\/a>\u5960\u57fa\u65bc\u56b4\u8b39\u7684\u91d1\u878d\u7406\u8ad6\uff0c\u5305\u542b\u5e02\u5834\u6709\u6548\u3001<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=840\" title=\"\u8cc7\u7522\u914d\u7f6e\u662f\u4ec0\u9ebc\uff1f\u5982\u4f55\u4f7f\u7528\u963f\u723e\u767c\u7406\u8ca1\u6a5f\u5668\u4eba\u5354\u52a9\u8cc7\u7522\u914d\u7f6e\uff1f\">\u8cc7\u7522\u914d\u7f6e<\/a>\u7b49\uff0c\u5c0d\u65bc\u7d55\u5927\u591a\u6578\u6295\u8cc7\u8005\u4f86\u8aaa\uff0c\u63a5\u53d7\u5e02\u5834\u50f9\u683c\u5927\u81f4\u6b63\u78ba\uff0c\u4e26\u63a1\u7528\u6230\u7565\u3001\u88ab\u52d5\u6295\u8cc7\u7b56\u7565\uff0c\u4f9d\u7136\u662f\u6700\u70ba\u5408\u7406\u7684\u9078\u64c7\u3002<\/p>\n\n\n\n<p>\u7562\u7adf\u6b63\u5982\u6cd5\u746a\u6240\u8aaa\uff1a\u300c\u5982\u679c\u50f9\u683c\u771f\u7684\u90a3\u9ebc\u932f\u8aa4\uff0c\u90a3\u9ebc\u4f60\u65e9\u5c31\u8a72\u81f4\u5bcc\u4e86\u3002\u300d<\/p>\n\n\n\n<p>\u800c\u4f7f\u7528<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=9102\" title=\"\u5982\u4f55\u900f\u904e\u6a5f\u5668\u4eba\u7406\u8ca1\u5b58\u52301,000\u842c\uff1f\">\u6a5f\u5668\u4eba\u7406\u8ca1<\/a>\uff0c\u60a8\u53ef\u4ee5\u5728\u77e5\u6089<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=1551\" title=\"\">\u6210\u529f\u6a5f\u7387<\/a>\u7684\u60c5\u6cc1\u4e0b\uff0c\u77e5\u9053\u81ea\u5df1<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=1683\" title=\"\u6211\u5011\u5982\u4f55\u5354\u52a9\u4f60\u6210\u529f\u6295\u8cc7\uff1f\u963f\u723e\u767c\u6a5f\u5668\u4eba\u7406\u8ca1\u6210\u529f\u4e94\u6b65\u9a5f\">\u5982\u4f55\u7a69\u5065\u81f4\u5bcc<\/a>\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n","protected":false},"excerpt":{"rendered":"<p>\u4e0a\u500b\u5468\u672b\u6211\u95b1\u8b80\u4e86\u83ef\u723e\u8857\u65e5\u5831\u63a1\u8a2a\u829d\u52a0\u54e5\u5927\u5b78\u6559\u6388\u5c24\u91d1\u00b7\u6cd5\u746a\uff08Eugene Fama\uff09\u300aEconomist Euge [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":11432,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-11428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/11428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11428"}],"version-history":[{"count":0,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/11428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/media\/11432"}],"wp:attachment":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}