继半夏李蓓后，百亿私募宁泉道歉、反思！

市场资讯07:55

　　来源：机构调研记

　　私募魔女坚守内需地产，引发被动减仓！致李蓓的一封信后

　　如今百亿私募宁泉的杨东，在中国资管史上也算泰斗级的价投大师，比昨天提的网红李蓓可高出几个段位

　　也因行情净值一般而道歉，反思，并看空AI

　　………………

　　疑问的是：

　　以市值/GDP的这个巴菲特指标来判断有无泡沫，而巴菲特指标本质是对上市公司未来收入折现后除以当前全社会经济增加值，这个指标既受折现的预期影响，更受收入分配的影响，似乎一图胜千言。

　　AI时代此指标还会更高。。。

海量资讯、精准解读，尽在新浪财经APP

责任编辑：王珂

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cms-style=\"font-L\">　　如今百亿私募宁泉的杨东，在中国资管史上也算泰斗级的价投大师，比昨天提的网红李蓓可高出几个段位</p>\n<div><img src=\"http://n.sinaimg.cn/finance/crawl/729/w550h979/20260624/9125-e21494029ac555ea279a2f618a94d928.jpg\"/><span></span></div>\n<p cms-style=\"font-L\">　　也因行情净值一般而道歉，反思，并看空AI</p>\n<div><img src=\"http://n.sinaimg.cn/finance/crawl/562/w550h812/20260624/b056-c9ca165aab5c0bf27b030a9810b6805c.jpg\"/><span></span></div>\n<div><img src=\"http://n.sinaimg.cn/finance/crawl/565/w550h815/20260624/4710-393b01ee6780744d20673935f675b8a1.jpg\"/><span></span></div>\n<div><img src=\"http://n.sinaimg.cn/finance/crawl/723/w550h973/20260624/7f73-53ba53fe7327cc2143b362f578e272a7.jpg\"/><span></span></div>\n<p cms-style=\"font-L\">　　………………</p>\n<p cms-style=\"font-L\">　　疑问的是：</p>\n<p cms-style=\"font-L\">　　以市值/GDP的这个巴菲特指标来判断有无泡沫，<font cms-style=\"font-L\">而巴菲特指标本质是对上市公司未来收入折现后除以当前全社会经济增加值，这个指标既受折现的预期影响，更受收入分配的影响，似乎一图胜千言。</font></p>\n<div><img 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