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</header> </div> <div class="mw-page-container"> <div class="mw-page-container-inner"> <div class="vector-sitenotice-container"> <div id="siteNotice"></div> </div> <div class="vector-column-start"> <div class="vector-main-menu-container"> <div id="mw-navigation"> <nav id="mw-panel" class="vector-main-menu-landmark" aria-label="站点"> <div id="vector-main-menu-pinned-container" class="vector-pinned-container"> </div> </nav> </div> </div> <div class="vector-sticky-pinned-container"> <nav id="mw-panel-toc" aria-label="目录" data-event-name="ui.sidebar-toc" class="mw-table-of-contents-container vector-toc-landmark"> <div id="vector-toc-pinned-container" class="vector-pinned-container"> <div id="vector-toc" class="vector-toc vector-pinnable-element"> <div class="vector-pinnable-header vector-toc-pinnable-header vector-pinnable-header-pinned" data-feature-name="toc-pinned" data-pinnable-element-id="vector-toc" > <h2 class="vector-pinnable-header-label">目录</h2> <button 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class="vector-toc-numb">2</span> <span>经过</span> </div> </a> <ul id="toc-经过-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-延伸閱讀" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#延伸閱讀"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>延伸閱讀</span> </div> </a> <ul id="toc-延伸閱讀-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-参见" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#参见"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>参见</span> </div> </a> <ul id="toc-参见-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-外部連結" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#外部連結"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>外部連結</span> </div> </a> <ul id="toc-外部連結-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="目录" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="开关目录" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">开关目录</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">龐氏騙局</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="前往另一种语言写成的文章。57种语言可用" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-57" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">57种语言</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-af mw-list-item"><a href="https://af.wikipedia.org/wiki/Ponzi-skema" title="Ponzi-skema – 南非荷兰语" lang="af" hreflang="af" data-title="Ponzi-skema" data-language-autonym="Afrikaans" data-language-local-name="南非荷兰语" class="interlanguage-link-target"><span>Afrikaans</span></a></li><li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D8%B3%D9%84%D8%B3%D9%84%D8%A9_%D8%A8%D9%88%D9%86%D8%B2%D9%8A" title="سلسلة بونزي – 阿拉伯语" lang="ar" hreflang="ar" data-title="سلسلة بونزي" data-language-autonym="العربية" data-language-local-name="阿拉伯语" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-arz mw-list-item"><a href="https://arz.wikipedia.org/wiki/%D9%85%D8%B4%D8%B1%D9%88%D8%B9_%D9%BE%D9%88%D9%86%D8%B2%D9%89" title="مشروع پونزى – 埃及阿拉伯文" lang="arz" hreflang="arz" data-title="مشروع پونزى" data-language-autonym="مصرى" data-language-local-name="埃及阿拉伯文" class="interlanguage-link-target"><span>مصرى</span></a></li><li class="interlanguage-link interwiki-az mw-list-item"><a href="https://az.wikipedia.org/wiki/Maliyy%C9%99_piramidas%C4%B1" title="Maliyyə piramidası – 阿塞拜疆语" lang="az" hreflang="az" data-title="Maliyyə piramidası" data-language-autonym="Azərbaycanca" data-language-local-name="阿塞拜疆语" class="interlanguage-link-target"><span>Azərbaycanca</span></a></li><li class="interlanguage-link interwiki-bg mw-list-item"><a href="https://bg.wikipedia.org/wiki/%D0%A1%D1%85%D0%B5%D0%BC%D0%B0_%D0%BD%D0%B0_%D0%9F%D0%BE%D0%BD%D1%86%D0%B8" title="Схема на Понци – 保加利亚语" lang="bg" hreflang="bg" data-title="Схема на Понци" data-language-autonym="Български" data-language-local-name="保加利亚语" class="interlanguage-link-target"><span>Български</span></a></li><li class="interlanguage-link interwiki-bn mw-list-item"><a href="https://bn.wikipedia.org/wiki/%E0%A6%AA%E0%A6%A8%E0%A6%9C%E0%A6%BF_%E0%A6%B8%E0%A7%8D%E0%A6%95%E0%A6%BF%E0%A6%AE" title="পনজি স্কিম – 孟加拉语" lang="bn" hreflang="bn" data-title="পনজি স্কিম" data-language-autonym="বাংলা" data-language-local-name="孟加拉语" class="interlanguage-link-target"><span>বাংলা</span></a></li><li class="interlanguage-link interwiki-ca mw-list-item"><a href="https://ca.wikipedia.org/wiki/Sistema_de_Ponzi" title="Sistema de Ponzi – 加泰罗尼亚语" lang="ca" hreflang="ca" data-title="Sistema de Ponzi" data-language-autonym="Català" data-language-local-name="加泰罗尼亚语" class="interlanguage-link-target"><span>Català</span></a></li><li class="interlanguage-link interwiki-cs mw-list-item"><a href="https://cs.wikipedia.org/wiki/Ponziho_sch%C3%A9ma" title="Ponziho schéma – 捷克语" lang="cs" hreflang="cs" data-title="Ponziho schéma" data-language-autonym="Čeština" data-language-local-name="捷克语" class="interlanguage-link-target"><span>Čeština</span></a></li><li class="interlanguage-link interwiki-da mw-list-item"><a href="https://da.wikipedia.org/wiki/Ponzisvindel" title="Ponzisvindel – 丹麦语" lang="da" hreflang="da" data-title="Ponzisvindel" data-language-autonym="Dansk" data-language-local-name="丹麦语" class="interlanguage-link-target"><span>Dansk</span></a></li><li class="interlanguage-link interwiki-el mw-list-item"><a href="https://el.wikipedia.org/wiki/%CE%A3%CF%87%CE%AE%CE%BC%CE%B1_%CE%A0%CF%8C%CE%BD%CF%84%CF%83%CE%B9" title="Σχήμα Πόντσι – 希腊语" lang="el" hreflang="el" data-title="Σχήμα Πόντσι" data-language-autonym="Ελληνικά" data-language-local-name="希腊语" class="interlanguage-link-target"><span>Ελληνικά</span></a></li><li class="interlanguage-link interwiki-en mw-list-item"><a href="https://en.wikipedia.org/wiki/Ponzi_scheme" title="Ponzi scheme – 英语" lang="en" hreflang="en" data-title="Ponzi scheme" data-language-autonym="English" data-language-local-name="英语" class="interlanguage-link-target"><span>English</span></a></li><li class="interlanguage-link interwiki-eo mw-list-item"><a href="https://eo.wikipedia.org/wiki/Skemo_Ponzi" title="Skemo Ponzi – 世界语" lang="eo" hreflang="eo" data-title="Skemo Ponzi" data-language-autonym="Esperanto" data-language-local-name="世界语" class="interlanguage-link-target"><span>Esperanto</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/Esquema_Ponzi" title="Esquema Ponzi – 西班牙语" lang="es" hreflang="es" data-title="Esquema Ponzi" data-language-autonym="Español" data-language-local-name="西班牙语" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D8%AA%D8%B1%D9%81%D9%86%D8%AF_%D9%BE%D8%A7%D9%86%D8%B2%DB%8C" title="ترفند پانزی – 波斯语" lang="fa" hreflang="fa" data-title="ترفند پانزی" data-language-autonym="فارسی" data-language-local-name="波斯语" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wikipedia.org/wiki/Ponzi-huijaus" title="Ponzi-huijaus – 芬兰语" lang="fi" hreflang="fi" data-title="Ponzi-huijaus" data-language-autonym="Suomi" data-language-local-name="芬兰语" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Syst%C3%A8me_de_Ponzi" title="Système de Ponzi – 法语" lang="fr" hreflang="fr" data-title="Système de Ponzi" data-language-autonym="Français" data-language-local-name="法语" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-fy mw-list-item"><a href="https://fy.wikipedia.org/wiki/Ponzifraude" title="Ponzifraude – 西弗里西亚语" lang="fy" hreflang="fy" data-title="Ponzifraude" data-language-autonym="Frysk" data-language-local-name="西弗里西亚语" class="interlanguage-link-target"><span>Frysk</span></a></li><li class="interlanguage-link interwiki-gl mw-list-item"><a href="https://gl.wikipedia.org/wiki/Esquema_Ponzi" title="Esquema Ponzi – 加利西亚语" lang="gl" hreflang="gl" data-title="Esquema Ponzi" data-language-autonym="Galego" data-language-local-name="加利西亚语" class="interlanguage-link-target"><span>Galego</span></a></li><li class="interlanguage-link interwiki-he mw-list-item"><a href="https://he.wikipedia.org/wiki/%D7%94%D7%95%D7%A0%D7%90%D7%AA_%D7%A4%D7%95%D7%A0%D7%96%D7%99" title="הונאת פונזי – 希伯来语" lang="he" hreflang="he" data-title="הונאת פונזי" data-language-autonym="עברית" data-language-local-name="希伯来语" class="interlanguage-link-target"><span>עברית</span></a></li><li class="interlanguage-link interwiki-hr mw-list-item"><a href="https://hr.wikipedia.org/wiki/Ponzijeva_shema" title="Ponzijeva shema – 克罗地亚语" lang="hr" hreflang="hr" data-title="Ponzijeva shema" data-language-autonym="Hrvatski" data-language-local-name="克罗地亚语" class="interlanguage-link-target"><span>Hrvatski</span></a></li><li class="interlanguage-link interwiki-hu mw-list-item"><a href="https://hu.wikipedia.org/wiki/Ponzi-rendszer" title="Ponzi-rendszer – 匈牙利语" lang="hu" hreflang="hu" data-title="Ponzi-rendszer" data-language-autonym="Magyar" data-language-local-name="匈牙利语" class="interlanguage-link-target"><span>Magyar</span></a></li><li class="interlanguage-link interwiki-hy mw-list-item"><a href="https://hy.wikipedia.org/wiki/%D5%96%D5%AB%D5%B6%D5%A1%D5%B6%D5%BD%D5%A1%D5%AF%D5%A1%D5%B6_%D5%A2%D5%B8%D6%82%D6%80%D5%A3" title="Ֆինանսական բուրգ – 亚美尼亚语" lang="hy" hreflang="hy" data-title="Ֆինանսական բուրգ" data-language-autonym="Հայերեն" data-language-local-name="亚美尼亚语" class="interlanguage-link-target"><span>Հայերեն</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/Skema_Ponzi" title="Skema Ponzi – 印度尼西亚语" lang="id" hreflang="id" data-title="Skema Ponzi" data-language-autonym="Bahasa Indonesia" data-language-local-name="印度尼西亚语" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-it mw-list-item"><a href="https://it.wikipedia.org/wiki/Schema_Ponzi" title="Schema Ponzi – 意大利语" lang="it" hreflang="it" data-title="Schema Ponzi" data-language-autonym="Italiano" data-language-local-name="意大利语" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E3%83%9D%E3%83%B3%E3%82%B8%E3%83%BB%E3%82%B9%E3%82%AD%E3%83%BC%E3%83%A0" title="ポンジ・スキーム – 日语" lang="ja" hreflang="ja" data-title="ポンジ・スキーム" data-language-autonym="日本語" data-language-local-name="日语" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-ka mw-list-item"><a href="https://ka.wikipedia.org/wiki/%E1%83%9E%E1%83%9D%E1%83%9C%E1%83%AA%E1%83%98%E1%83%A1_%E1%83%A1%E1%83%A5%E1%83%94%E1%83%9B%E1%83%90" title="პონცის სქემა – 格鲁吉亚语" lang="ka" hreflang="ka" data-title="პონცის სქემა" data-language-autonym="ქართული" data-language-local-name="格鲁吉亚语" class="interlanguage-link-target"><span>ქართული</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%ED%8F%B0%EC%A7%80_%EC%82%AC%EA%B8%B0" title="폰지 사기 – 韩语" lang="ko" hreflang="ko" data-title="폰지 사기" data-language-autonym="한국어" data-language-local-name="韩语" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-lv mw-list-item"><a href="https://lv.wikipedia.org/wiki/Ponci_sh%C4%93ma" title="Ponci shēma – 拉脱维亚语" lang="lv" hreflang="lv" data-title="Ponci shēma" data-language-autonym="Latviešu" data-language-local-name="拉脱维亚语" class="interlanguage-link-target"><span>Latviešu</span></a></li><li class="interlanguage-link interwiki-mk mw-list-item"><a href="https://mk.wikipedia.org/wiki/%D0%9F%D0%B8%D1%80%D0%B0%D0%BC%D0%B8%D0%B4%D0%B0%D0%BB%D0%BD%D0%B0_%D0%B8%D0%B7%D0%BC%D0%B0%D0%BC%D0%B0" title="Пирамидална измама – 马其顿语" lang="mk" hreflang="mk" data-title="Пирамидална измама" data-language-autonym="Македонски" data-language-local-name="马其顿语" class="interlanguage-link-target"><span>Македонски</span></a></li><li class="interlanguage-link interwiki-ms mw-list-item"><a href="https://ms.wikipedia.org/wiki/Skim_Ponzi" title="Skim Ponzi – 马来语" lang="ms" hreflang="ms" data-title="Skim Ponzi" data-language-autonym="Bahasa Melayu" data-language-local-name="马来语" class="interlanguage-link-target"><span>Bahasa Melayu</span></a></li><li class="interlanguage-link interwiki-my mw-list-item"><a href="https://my.wikipedia.org/wiki/%E1%80%95%E1%80%BD%E1%80%94%E1%80%BA%E1%80%87%E1%80%AE%E1%80%85%E1%80%94%E1%80%85%E1%80%BA" title="ပွန်ဇီစနစ် – 缅甸语" lang="my" hreflang="my" data-title="ပွန်ဇီစနစ်" data-language-autonym="မြန်မာဘာသာ" data-language-local-name="缅甸语" class="interlanguage-link-target"><span>မြန်မာဘာသာ</span></a></li><li class="interlanguage-link interwiki-nl mw-list-item"><a href="https://nl.wikipedia.org/wiki/Ponzifraude" title="Ponzifraude – 荷兰语" lang="nl" hreflang="nl" data-title="Ponzifraude" data-language-autonym="Nederlands" data-language-local-name="荷兰语" class="interlanguage-link-target"><span>Nederlands</span></a></li><li class="interlanguage-link interwiki-no mw-list-item"><a href="https://no.wikipedia.org/wiki/Ponzi-svindel" title="Ponzi-svindel – 书面挪威语" lang="nb" hreflang="nb" data-title="Ponzi-svindel" data-language-autonym="Norsk bokmål" data-language-local-name="书面挪威语" class="interlanguage-link-target"><span>Norsk bokmål</span></a></li><li class="interlanguage-link interwiki-pa mw-list-item"><a href="https://pa.wikipedia.org/wiki/%E0%A8%AA%E0%A9%8B%E0%A8%82%E0%A8%9C%E0%A8%BC%E0%A9%80_%E0%A8%B8%E0%A8%95%E0%A9%80%E0%A8%AE" title="ਪੋਂਜ਼ੀ ਸਕੀਮ – 旁遮普语" lang="pa" hreflang="pa" data-title="ਪੋਂਜ਼ੀ ਸਕੀਮ" data-language-autonym="ਪੰਜਾਬੀ" data-language-local-name="旁遮普语" class="interlanguage-link-target"><span>ਪੰਜਾਬੀ</span></a></li><li class="interlanguage-link interwiki-pl mw-list-item"><a href="https://pl.wikipedia.org/wiki/Piramida_finansowa" title="Piramida finansowa – 波兰语" lang="pl" hreflang="pl" data-title="Piramida finansowa" data-language-autonym="Polski" data-language-local-name="波兰语" class="interlanguage-link-target"><span>Polski</span></a></li><li class="interlanguage-link interwiki-pnb mw-list-item"><a href="https://pnb.wikipedia.org/wiki/%D9%BE%D9%88%D9%86%D8%B2%DB%8C_%D8%A7%D8%B3%DA%A9%DB%8C%D9%85" title="پونزی اسکیم – Western Punjabi" lang="pnb" hreflang="pnb" data-title="پونزی اسکیم" data-language-autonym="پنجابی" data-language-local-name="Western Punjabi" class="interlanguage-link-target"><span>پنجابی</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/Esquema_Ponzi" title="Esquema Ponzi – 葡萄牙语" lang="pt" hreflang="pt" data-title="Esquema Ponzi" data-language-autonym="Português" data-language-local-name="葡萄牙语" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-ro mw-list-item"><a href="https://ro.wikipedia.org/wiki/Schem%C4%83_Ponzi" title="Schemă Ponzi – 罗马尼亚语" lang="ro" hreflang="ro" data-title="Schemă Ponzi" data-language-autonym="Română" data-language-local-name="罗马尼亚语" class="interlanguage-link-target"><span>Română</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/%D0%9C%D0%B5%D0%B6%D0%B4%D1%83%D0%BD%D0%B0%D1%80%D0%BE%D0%B4%D0%BD%D1%8B%D0%B9_%D0%BE%D1%82%D0%B2%D0%B5%D1%82%D0%BD%D1%8B%D0%B9_%D0%BA%D1%83%D0%BF%D0%BE%D0%BD#Финансовая_пирамида_Понци" title="Международный ответный купон – 俄语" lang="ru" hreflang="ru" data-title="Международный ответный купон" data-language-autonym="Русский" data-language-local-name="俄语" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-sh mw-list-item"><a href="https://sh.wikipedia.org/wiki/Poncijeva_%C5%A1ema" title="Poncijeva šema – 塞尔维亚-克罗地亚语" lang="sh" hreflang="sh" data-title="Poncijeva šema" data-language-autonym="Srpskohrvatski / српскохрватски" data-language-local-name="塞尔维亚-克罗地亚语" class="interlanguage-link-target"><span>Srpskohrvatski / српскохрватски</span></a></li><li class="interlanguage-link interwiki-simple mw-list-item"><a href="https://simple.wikipedia.org/wiki/Ponzi_scheme" title="Ponzi scheme – Simple English" lang="en-simple" hreflang="en-simple" data-title="Ponzi scheme" data-language-autonym="Simple English" data-language-local-name="Simple English" class="interlanguage-link-target"><span>Simple English</span></a></li><li class="interlanguage-link interwiki-sk mw-list-item"><a href="https://sk.wikipedia.org/wiki/Ponziho_sch%C3%A9ma" title="Ponziho schéma – 斯洛伐克语" lang="sk" hreflang="sk" data-title="Ponziho schéma" data-language-autonym="Slovenčina" data-language-local-name="斯洛伐克语" class="interlanguage-link-target"><span>Slovenčina</span></a></li><li class="interlanguage-link interwiki-sl mw-list-item"><a href="https://sl.wikipedia.org/wiki/Ponzijeva_shema" title="Ponzijeva shema – 斯洛文尼亚语" lang="sl" hreflang="sl" data-title="Ponzijeva shema" data-language-autonym="Slovenščina" data-language-local-name="斯洛文尼亚语" class="interlanguage-link-target"><span>Slovenščina</span></a></li><li class="interlanguage-link interwiki-sq mw-list-item"><a href="https://sq.wikipedia.org/wiki/Skema_Ponzi" title="Skema Ponzi – 阿尔巴尼亚语" lang="sq" hreflang="sq" data-title="Skema Ponzi" data-language-autonym="Shqip" data-language-local-name="阿尔巴尼亚语" class="interlanguage-link-target"><span>Shqip</span></a></li><li class="interlanguage-link interwiki-sr mw-list-item"><a href="https://sr.wikipedia.org/wiki/%D0%9F%D0%BE%D0%BD%D1%86%D0%B8%D1%98%D0%B5%D0%B2%D0%B0_%D0%BF%D1%80%D0%B5%D0%B2%D0%B0%D1%80%D0%B0" title="Понцијева превара – 塞尔维亚语" lang="sr" hreflang="sr" data-title="Понцијева превара" data-language-autonym="Српски / srpski" data-language-local-name="塞尔维亚语" class="interlanguage-link-target"><span>Српски / srpski</span></a></li><li class="interlanguage-link interwiki-sv mw-list-item"><a href="https://sv.wikipedia.org/wiki/Ponzibedr%C3%A4geri" title="Ponzibedrägeri – 瑞典语" lang="sv" hreflang="sv" data-title="Ponzibedrägeri" data-language-autonym="Svenska" data-language-local-name="瑞典语" class="interlanguage-link-target"><span>Svenska</span></a></li><li class="interlanguage-link interwiki-ta mw-list-item"><a href="https://ta.wikipedia.org/wiki/%E0%AE%AA%E0%AF%8A%E0%AE%A9%E0%AF%8D%E0%AE%9A%E0%AE%BF_%E0%AE%AE%E0%AF%81%E0%AE%B1%E0%AF%88%E0%AE%AE%E0%AF%88" title="பொன்சி முறைமை – 泰米尔语" lang="ta" hreflang="ta" data-title="பொன்சி முறைமை" data-language-autonym="தமிழ்" data-language-local-name="泰米尔语" class="interlanguage-link-target"><span>தமிழ்</span></a></li><li class="interlanguage-link interwiki-tg mw-list-item"><a href="https://tg.wikipedia.org/wiki/%D0%9F%D0%B8%D1%80%D0%B0%D0%BC%D0%B8%D0%B4%D0%B0%D0%B8_%D0%BC%D0%BE%D0%BB%D0%B8%D1%8F%D0%B2%D3%A3" title="Пирамидаи молиявӣ – 塔吉克语" lang="tg" hreflang="tg" data-title="Пирамидаи молиявӣ" data-language-autonym="Тоҷикӣ" data-language-local-name="塔吉克语" class="interlanguage-link-target"><span>Тоҷикӣ</span></a></li><li class="interlanguage-link interwiki-th mw-list-item"><a href="https://th.wikipedia.org/wiki/%E0%B8%81%E0%B8%B2%E0%B8%A3%E0%B8%89%E0%B9%89%E0%B8%AD%E0%B8%89%E0%B8%A5%E0%B9%81%E0%B8%9A%E0%B8%9A%E0%B8%9E%E0%B8%AD%E0%B8%99%E0%B8%8B%E0%B8%B5" title="การฉ้อฉลแบบพอนซี – 泰语" lang="th" hreflang="th" data-title="การฉ้อฉลแบบพอนซี" data-language-autonym="ไทย" data-language-local-name="泰语" class="interlanguage-link-target"><span>ไทย</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/Ponzi_%C5%9Femas%C4%B1" title="Ponzi şeması – 土耳其语" lang="tr" hreflang="tr" data-title="Ponzi şeması" data-language-autonym="Türkçe" data-language-local-name="土耳其语" class="interlanguage-link-target"><span>Türkçe</span></a></li><li class="interlanguage-link interwiki-uk mw-list-item"><a href="https://uk.wikipedia.org/wiki/%D0%A4%D1%96%D0%BD%D0%B0%D0%BD%D1%81%D0%BE%D0%B2%D0%B0_%D0%BF%D1%96%D1%80%D0%B0%D0%BC%D1%96%D0%B4%D0%B0" title="Фінансова піраміда – 乌克兰语" lang="uk" hreflang="uk" data-title="Фінансова піраміда" data-language-autonym="Українська" data-language-local-name="乌克兰语" class="interlanguage-link-target"><span>Українська</span></a></li><li class="interlanguage-link interwiki-ur mw-list-item"><a href="https://ur.wikipedia.org/wiki/%D9%BE%D9%88%D9%86%D8%B2%DB%8C_%D8%A7%D8%B3%DA%A9%DB%8C%D9%85" title="پونزی اسکیم – 乌尔都语" lang="ur" hreflang="ur" data-title="پونزی اسکیم" data-language-autonym="اردو" data-language-local-name="乌尔都语" class="interlanguage-link-target"><span>اردو</span></a></li><li class="interlanguage-link interwiki-uz mw-list-item"><a href="https://uz.wikipedia.org/wiki/Moliyaviy_piramida" title="Moliyaviy piramida – 乌兹别克语" lang="uz" hreflang="uz" data-title="Moliyaviy piramida" data-language-autonym="Oʻzbekcha / ўзбекча" data-language-local-name="乌兹别克语" class="interlanguage-link-target"><span>Oʻzbekcha / ўзбекча</span></a></li><li class="interlanguage-link interwiki-vi mw-list-item"><a href="https://vi.wikipedia.org/wiki/M%C3%B4_h%C3%ACnh_Ponzi" title="Mô hình Ponzi – 越南语" lang="vi" hreflang="vi" data-title="Mô hình Ponzi" data-language-autonym="Tiếng Việt" data-language-local-name="越南语" class="interlanguage-link-target"><span>Tiếng Việt</span></a></li><li class="interlanguage-link interwiki-war mw-list-item"><a href="https://war.wikipedia.org/wiki/Iskima_Ponzi" title="Iskima Ponzi – 瓦瑞语" lang="war" hreflang="war" data-title="Iskima Ponzi" data-language-autonym="Winaray" data-language-local-name="瓦瑞语" class="interlanguage-link-target"><span>Winaray</span></a></li><li class="interlanguage-link interwiki-wuu mw-list-item"><a href="https://wuu.wikipedia.org/wiki/%E8%80%81%E9%BC%A0%E4%BC%9A" title="老鼠会 – 吴语" lang="wuu" hreflang="wuu" data-title="老鼠会" data-language-autonym="吴语" data-language-local-name="吴语" class="interlanguage-link-target"><span>吴语</span></a></li><li class="interlanguage-link interwiki-zh-yue mw-list-item"><a href="https://zh-yue.wikipedia.org/wiki/%E9%BE%90%E6%B0%8F%E9%A8%99%E5%B1%80" title="龐氏騙局 – 粤语" lang="yue" hreflang="yue" data-title="龐氏騙局" data-language-autonym="粵語" data-language-local-name="粤语" class="interlanguage-link-target"><span>粵語</span></a></li> </ul> <div class="after-portlet after-portlet-lang"><span class="wb-langlinks-edit wb-langlinks-link"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q219407#sitelinks-wikipedia" title="编辑跨语言链接" class="wbc-editpage">编辑链接</a></span></div> </div> </div> </div> </header> <div class="vector-page-toolbar"> <div class="vector-page-toolbar-container"> <div id="left-navigation"> <nav aria-label="命名空间"> <div 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.ambox-content{border-left-color:#f28500!important}html.skin-theme-clientpref-night .mw-parser-output .ambox-style{border-left-color:#fc3!important}html.skin-theme-clientpref-night .mw-parser-output .ambox-move{border-left-color:#9932cc!important}html.skin-theme-clientpref-night .mw-parser-output .ambox-protection{border-left-color:#a2a9b1!important}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .ambox{border-left-color:#36c!important}html.skin-theme-clientpref-os .mw-parser-output .ambox-speedy,html.skin-theme-clientpref-os .mw-parser-output .ambox-delete{border-left-color:#b32424!important}html.skin-theme-clientpref-os .mw-parser-output .ambox-speedy{background-color:#300!important}html.skin-theme-clientpref-os .mw-parser-output .ambox-content{border-left-color:#f28500!important}html.skin-theme-clientpref-os .mw-parser-output .ambox-style{border-left-color:#fc3!important}html.skin-theme-clientpref-os .mw-parser-output .ambox-move{border-left-color:#9932cc!important}html.skin-theme-clientpref-os .mw-parser-output .ambox-protection{border-left-color:#a2a9b1!important}}</style><table class="box-Unreferenced plainlinks metadata ambox ambox-content" role="presentation"><tbody><tr><td class="mbox-image"><div style="width:52px"><span typeof="mw:File"><a href="/wiki/File:Tango-nosources.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/4/4e/Tango-nosources.svg/45px-Tango-nosources.svg.png" decoding="async" width="45" height="45" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/4e/Tango-nosources.svg/68px-Tango-nosources.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/4e/Tango-nosources.svg/90px-Tango-nosources.svg.png 2x" data-file-width="48" data-file-height="48" /></a></span></div></td><td class="mbox-text"><div class="mbox-text-span">此條目<b>没有列出任何<a href="/wiki/Wikipedia:%E5%88%97%E6%98%8E%E6%9D%A5%E6%BA%90" title="Wikipedia:列明来源">参考或来源</a></b>。<span class="hide-when-compact"></span> <small class="date-container"><i>(<span class="date">2019年1月10日</span>)</i></small><span class="hide-when-compact"><br /><small>維基百科所有的內容都應該<a href="/wiki/Wikipedia:%E5%8F%AF%E4%BE%9B%E6%9F%A5%E8%AD%89" title="Wikipedia:可供查證">可供查證</a>。请协助補充<a href="/wiki/Wikipedia:%E5%8F%AF%E9%9D%A0%E6%9D%A5%E6%BA%90" title="Wikipedia:可靠来源">可靠来源</a>以<a class="external text" href="https://zh.wikipedia.org/w/index.php?title=%E9%BE%90%E6%B0%8F%E9%A8%99%E5%B1%80&action=edit">改善这篇条目</a>。无法查证的內容可能會因為異議提出而被移除。</small></span><span class="hide-when-compact"></span></div></td></tr></tbody></table> <div id="noteTA-c1eb39cc" class="noteTA"><div class="noteTA-title" data-noteta-code="zh-hans:庞氏骗局; zh-hant:龐氏騙局;"></div><div class="noteTA-local"><div data-noteta-code="zh-cn:伯纳德;zh-hant:伯納德;zh-tw:伯納德;zh-hk:伯納;zh-mo:伯納;"></div><div data-noteta-code="zh-cn:麦道夫;zh-hant:麥道夫;zh-tw:馬多夫;zh-hk:馬多夫;zh-mo:馬多夫;"></div><div data-noteta-code="zh-hans:庞氏骗局; zh-hant:龐氏騙局;"></div><div data-noteta-code="zh-tw:透過;zh-cn:通过;"></div></div></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Charles_Ponzi.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/6/66/Charles_Ponzi.jpg/220px-Charles_Ponzi.jpg" decoding="async" width="220" height="132" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/66/Charles_Ponzi.jpg/330px-Charles_Ponzi.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/66/Charles_Ponzi.jpg/440px-Charles_Ponzi.jpg 2x" data-file-width="600" data-file-height="360" /></a><figcaption>1920年<a href="/wiki/%E6%9F%A5%E5%B0%94%E6%96%AF%C2%B7%E5%BA%9E%E5%85%B9" title="查尔斯·庞兹">查尔斯·庞兹</a>的相片，龐氏騙局就是取名自他</figcaption></figure> <p><b>龐氏騙局</b>（英語：<span lang="en">Ponzi scheme</span>）是<a href="/wiki/%E9%9D%9E%E6%B3%95" title="非法">非法</a>性質的<a href="/w/index.php?title=%E9%87%91%E8%9E%8D%E8%A9%90%E9%A8%99&action=edit&redlink=1" class="new" title="金融詐騙（页面不存在）">金融詐騙</a>手法，是<a href="/wiki/%E5%B1%A4%E5%A3%93%E5%BC%8F%E6%8E%A8%E9%8A%B7" title="層壓式推銷">層壓式推銷</a>的代表案例，發生於20世紀初的美國。它吸引投資者並利用後期投資者的資金向早期投資者支付利息。時至今日，龐茲騙局的各種變體（<a href="/wiki/%E8%B3%87%E9%87%91%E7%9B%A4" class="mw-redirect" title="資金盤">資金盤</a>、<a href="/wiki/%E8%80%81%E9%BC%A0%E6%9C%83" class="mw-redirect" title="老鼠會">老鼠會</a>）依舊存在<a href="/wiki/%E9%87%91%E8%9E%8D%E5%B8%82%E5%A0%B4" class="mw-redirect" title="金融市場">金融市場</a>中。 </p><p>其運作模式多以投資名義，給予高額回報誘使受害人投資，看似與一般的證券基金的模式並無區別，但在龐茲騙局中，投資的回報來自於後來加入的投資者，而非公司本身透過正當投資盈利，即“拆東牆補西牆”。透過不斷吸引新的投資者加入，以支付前期投資者的利息，初期通常在短時間內獲得回報以利於推行，再逐漸拉長給息時間。隨着更多人加入，資金逐漸入不敷出，直到騙局泡沫爆破時，後期的大量投資者便會蒙受金錢損失。 </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="名词来源"><span id=".E5.90.8D.E8.AF.8D.E6.9D.A5.E6.BA.90"></span>名词来源</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=%E9%BE%90%E6%B0%8F%E9%A8%99%E5%B1%80&action=edit&section=1" title="编辑章节：名词来源"><span>编辑</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>「龐氏騙局」（<span lang="en">Ponzi scheme</span>）稱謂源自<a href="/wiki/%E7%BE%8E%E5%9C%8B" class="mw-redirect" title="美國">美國</a>一名<a href="/wiki/%E6%84%8F%E5%A4%A7%E5%88%A9" title="意大利">意大利</a>移民<a href="/wiki/%E6%9F%A5%E5%B0%94%E6%96%AF%C2%B7%E5%BA%9E%E5%85%B9" title="查尔斯·庞兹">查尔斯·庞兹</a>（<span lang="en">Charles Ponzi</span>），他於1919年開始策劃一個陰謀，成立一<a href="/wiki/%E7%A9%BA%E6%AE%BC%E5%85%AC%E5%8F%B8" title="空殼公司">空殼公司</a>騙人向這個事實上子虛烏有的企業投資，許諾投資者將在三個月內得到40%的利潤回報，然後龐茲把新投資者的錢作為快速盈利付給最初投資的人，以誘使更多的人上當。由於前期投資的人回報豐厚，龐茲成功地在七個月內吸引了三萬名投資者，這場陰謀持續了一年之久才被戳破。 </p> <div class="mw-heading mw-heading2"><h2 id="经过"><span id=".E7.BB.8F.E8.BF.87"></span>经过</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=%E9%BE%90%E6%B0%8F%E9%A8%99%E5%B1%80&action=edit&section=2" title="编辑章节：经过"><span>编辑</span></a><span class="mw-editsection-bracket">]</span></span></div> <p><a href="/wiki/%E6%9F%A5%E5%B0%94%E6%96%AF%C2%B7%E5%BA%9E%E5%85%B9" title="查尔斯·庞兹">查爾斯·龐茲</a>在1903年<a href="/wiki/%E7%A7%BB%E6%B0%91" title="移民">移民</a>到美國，從事過各種工作，包括油漆工等粗工。他曾於<a href="/wiki/%E5%8A%A0%E6%8B%BF%E5%A4%A7" title="加拿大">加拿大</a>因<a href="/wiki/%E5%81%BD%E9%80%A0%E6%96%87%E6%9B%B8" title="偽造文書">偽造文書</a>罪入獄，在美國<a href="/wiki/%E4%BA%9E%E7%89%B9%E8%98%AD%E5%A4%A7" class="mw-redirect" title="亞特蘭大">亞特蘭大</a>因<a href="/wiki/%E4%BA%BA%E5%8F%A3%E8%B2%A9%E8%B3%A3" class="mw-redirect" title="人口販賣">人口販賣</a>而服刑。 </p><p>龐氏發現最快速賺錢的方法就是<a href="/w/index.php?title=%E9%87%91%E8%9E%8D%E8%A9%90%E9%A8%99&action=edit&redlink=1" class="new" title="金融詐騙（页面不存在）">金融詐騙</a>，於是從1919年起，龐氏隱瞞了自己的過去，並抵達<a href="/wiki/%E9%BA%BB%E8%96%A9%E8%AB%B8%E5%A1%9E%E5%B7%9E" title="麻薩諸塞州">麻省</a><a href="/wiki/%E6%B3%A2%E5%A3%AB%E9%A0%93" class="mw-redirect" title="波士頓">波士頓</a>，設計了一個投資計劃向當地人兜售。宣稱購買歐洲的<a href="/wiki/%E5%9C%8B%E9%9A%9B%E5%9B%9E%E4%BF%A1%E9%83%B5%E7%A5%A8%E5%88%B8" class="mw-redirect" title="國際回信郵票券">國際回信郵票券</a>，再轉賣回美國便可以賺錢。國家之間由於政策和匯率等等因素，很多經濟行為一般人難以得知實況。然而龐茲宣稱，所有的投資在45天之內都可以獲得50%的回報，龐氏利用借來的資金，先向波士頓幾名人士推銷，增加自己的信譽。而後，龐氏開設店舖、聘用代理商，向廣大波士頓人宣稱跟隨自己將會發財，且他給最初的一批「投資者」於規定時間內拿到了承諾的回報，於是後面的「投資者」大量湧入，當時的龐茲成為不明就裏的美國人的<a href="/wiki/%E8%B2%A1%E7%A5%9E%E7%88%BA" class="mw-redirect" title="財神爺">財神爺</a>，被稱為與<a href="/wiki/%E5%93%A5%E5%80%AB%E5%B8%83" class="mw-redirect" title="哥倫布">哥倫布</a>和<a href="/wiki/%E9%A9%AC%E5%8F%AF%E5%B0%BC" class="mw-redirect" title="马可尼">馬可尼</a>（在当时被认为是<a href="/wiki/%E6%97%A0%E7%BA%BF%E7%94%B5" title="无线电">无线电</a>的發明者，但现在普遍认为无线电是<a href="/wiki/%E5%B0%BC%E5%8F%A4%E6%8B%89%C2%B7%E7%89%B9%E6%96%AF%E6%8B%89" title="尼古拉·特斯拉">尼古拉·特斯拉</a>发明的）齊名的「最偉大的三個意大利人」之一。 </p><p>事實上，龐氏是利用後來的投資人所支付的資金，付給早期的投資人作為<a href="/wiki/%E7%BA%A2%E5%88%A9" title="红利">紅利</a>，挖東牆補西牆。龐氏投資計劃，簡而言之就是一句話，「投資某樣商品便可獲得高額回報」，但龐茲刻意將計劃化簡為繁，讓一般人難以摸清。一年左右，龐氏共收到約1,500萬美元的小額投資，平均每位投資人投資了幾百美元，差不多有四萬多名<a href="/wiki/%E6%B3%A2%E5%A3%AB%E9%A0%93" class="mw-redirect" title="波士頓">波士頓</a>人變成龐茲的投資人，而且大部分是懷抱發財夢的窮人。龐氏買下有20個房間的別墅，買了100多套昂貴的西裝，並配上專門的皮鞋，擁有數十根鑲黃金的拐杖，還給他的情人購買了無數昂貴的首飾，連煙斗都鑲嵌著鑽石。當某個金融專家揭露龐茲的投資騙術時，龐茲還在報紙上發表文章反駁。 </p><p>1920年8月，龐茲宣告<a href="/wiki/%E7%A0%B4%E7%94%A2" title="破產">破產</a>，龐氏所收到的鉅款，若按照他的許諾，可以購買幾億張歐洲郵政票券，事實上他只賣過兩張。此後，「龐氏騙局」成為一個專門名詞，意思是指用後來的「投資者」的錢回繳給前面的「投資者」當作回報。龐氏被判處五年刑期，出獄後又做了幾件類似的金融<a href="/wiki/%E8%A9%90%E9%A8%99" title="詐騙">詐騙</a>，因此坐了更久的牢。1934年龐茲被遣返意大利，他竟然又想辦法詐騙<a href="/wiki/%E8%B4%9D%E5%B0%BC%E6%89%98%C2%B7%E5%A2%A8%E7%B4%A2%E9%87%8C%E5%B0%BC" title="贝尼托·墨索里尼">墨索里尼</a>，但也沒能得逞。1949年，龐茲病逝於<a href="/wiki/%E5%B7%B4%E8%A5%BF" title="巴西">巴西</a><a href="/wiki/%E9%87%8C%E7%B4%84%E7%86%B1%E5%85%A7%E7%9B%A7" class="mw-redirect" title="里約熱內盧">里約熱內盧</a>的一家天主教<a href="/wiki/%E5%96%84%E5%A0%82" class="mw-redirect mw-disambig" title="善堂">善堂</a>，死時身無分文。 </p> <div class="mw-heading mw-heading2"><h2 id="延伸閱讀"><span id=".E5.BB.B6.E4.BC.B8.E9.96.B1.E8.AE.80"></span>延伸閱讀</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=%E9%BE%90%E6%B0%8F%E9%A8%99%E5%B1%80&action=edit&section=3" title="编辑章节：延伸閱讀"><span>编辑</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r80540462">.mw-parser-output .refbegin{font-size:90%;margin-bottom:0.5em}.mw-parser-output .refbegin-hanging-indents>ul{margin-left:0}.mw-parser-output .refbegin-hanging-indents>ul>li{margin-left:0;padding-left:3.2em;text-indent:-3.2em}.mw-parser-output .refbegin-hanging-indents ul,.mw-parser-output .refbegin-hanging-indents ul li{list-style:none}@media(max-width:720px){.mw-parser-output .refbegin-hanging-indents>ul>li{padding-left:1.6em;text-indent:-1.6em}}.mw-parser-output .refbegin-columns{margin-top:0.3em}.mw-parser-output .refbegin-columns ul{margin-top:0}.mw-parser-output .refbegin-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .refbegin-100{font-size:100%}</style><div class="refbegin" style=""> <ul><li><cite class="citation book">Dunn, Donald. <a rel="nofollow" class="external text" href="https://archive.org/details/ponziincrediblet0000dunn">Ponzi: The Incredible True Story of the King of Financial Cons (Library of Larceny) (Paperback)</a>. New York: Broadway. 2004. <a href="/wiki/Special:%E7%BD%91%E7%BB%9C%E4%B9%A6%E6%BA%90/0-7679-1499-6" title="Special:网络书源/0-7679-1499-6"><span title="国际标准书号">ISBN</span> 0-7679-1499-6</a>.</cite><span title="ctx_ver=Z39.88-2004&rfr_id=info%3Asid%2Fzh.wikipedia.org%3A%E9%BE%90%E6%B0%8F%E9%A8%99%E5%B1%80&rft.aufirst=Donald&rft.aulast=Dunn&rft.btitle=Ponzi%3A+The+Incredible+True+Story+of+the+King+of+Financial+Cons+%28Library+of+Larceny%29+%28Paperback%29&rft.date=2004&rft.genre=book&rft.isbn=0-7679-1499-6&rft.place=New+York&rft.pub=Broadway&rft_id=https%3A%2F%2Farchive.org%2Fdetails%2Fponziincrediblet0000dunn&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook" class="Z3988"><span style="display:none;"> </span></span></li> <li><cite class="citation book">Zuckoff, Mitchell. <a rel="nofollow" class="external text" href="https://archive.org/details/ponzisschemetrue00zuck">Ponzi’s Scheme: The True Story of a Financial Legend</a>. New York: Random House. 2005. <a href="/wiki/Special:%E7%BD%91%E7%BB%9C%E4%B9%A6%E6%BA%90/1-4000-6039-7" title="Special:网络书源/1-4000-6039-7"><span title="国际标准书号">ISBN</span> 1-4000-6039-7</a>.</cite><span title="ctx_ver=Z39.88-2004&rfr_id=info%3Asid%2Fzh.wikipedia.org%3A%E9%BE%90%E6%B0%8F%E9%A8%99%E5%B1%80&rft.aufirst=Mitchell&rft.aulast=Zuckoff&rft.btitle=Ponzi%E2%80%99s+Scheme%3A+The+True+Story+of+a+Financial+Legend&rft.date=2005&rft.genre=book&rft.isbn=1-4000-6039-7&rft.place=New+York&rft.pub=Random+House&rft_id=https%3A%2F%2Farchive.org%2Fdetails%2Fponzisschemetrue00zuck&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook" class="Z3988"><span style="display:none;"> </span></span></li></ul> </div> <div class="mw-heading mw-heading2"><h2 id="参见"><span id=".E5.8F.82.E8.A7.81"></span>参见</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=%E9%BE%90%E6%B0%8F%E9%A8%99%E5%B1%80&action=edit&section=4" title="编辑章节：参见"><span>编辑</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r79074265">.mw-parser-output .div-col{margin-top:0.3em;column-width:30em}.mw-parser-output .div-col-small{font-size:90%}.mw-parser-output .div-col-rules{column-rule:1px solid #aaa}.mw-parser-output .div-col dl,.mw-parser-output .div-col ol,.mw-parser-output .div-col ul{margin-top:0}.mw-parser-output .div-col li,.mw-parser-output .div-col dd{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="div-col" style="column-count:2; column-width:auto;"> <ul><li><a href="/wiki/1997%E5%B9%B4%E9%98%BF%E7%88%BE%E5%B7%B4%E5%B0%BC%E4%BA%9E%E5%8D%B1%E6%A9%9F%E6%88%B0%E7%88%AD" class="mw-redirect" title="1997年阿爾巴尼亞危機戰爭">1997年阿爾巴尼亞危機戰爭</a></li> <li><a href="/wiki/%E6%B2%B3%E5%8D%97%E6%B5%A9%E8%BE%B0%E5%85%AC%E5%8F%B8%E7%89%B9%E5%A4%A7%E8%BE%B2%E6%9D%91%E8%A9%90%E9%A8%99%E6%A1%88" title="河南浩辰公司特大農村詐騙案">河南浩辰公司特大農村詐騙案</a></li> <li><a href="/wiki/MMM%E9%A8%99%E5%B1%80" title="MMM騙局">MMM騙局</a></li> <li><a href="/wiki/%E7%9B%B4%E9%94%80" title="直销">直销</a></li> <li><a href="/wiki/%E8%80%81%E9%BC%A0%E4%BC%9A" class="mw-redirect" title="老鼠会">老鼠会</a></li> <li><a href="/wiki/%E8%AF%88%E9%AA%97%E9%9B%86%E5%9B%A2" class="mw-redirect" title="诈骗集团">诈骗集团</a></li> <li><a href="/wiki/%E6%9D%B1%E6%A3%AE%E5%9C%8B%E9%9A%9B" title="東森國際">東森國際</a></li> <li><a href="/wiki/%E4%BC%AF%E7%B4%8D%C2%B7%E9%A6%AC%E5%A4%9A%E5%A4%AB" title="伯納·馬多夫">伯納·馬多夫</a></li> <li><a href="/wiki/%E7%BE%85%E4%BC%AF%E7%89%B9%C2%B7%E8%89%BE%E5%80%AB%C2%B7%E6%96%AF%E5%9D%A6%E7%A6%8F" title="羅伯特·艾倫·斯坦福">羅伯特·艾倫·斯坦福</a></li> <li><a href="/wiki/%E9%B4%BB%E6%BA%90%E6%A1%88" title="鴻源案">鴻源案</a></li> <li><a href="/wiki/%E6%B2%88%E5%A4%AA%E7%A6%8F" title="沈太福">沈太福</a></li> <li><a href="/wiki/%E7%8E%8B%E4%BB%A4%E9%BA%9F" title="王令麟">王令麟</a></li> <li><a href="/wiki/%E6%B3%95%E5%9C%8B%E8%9D%B4%E8%9D%B6%E5%A4%AB%E4%BA%BA%E5%9C%8B%E9%9A%9B%E5%8C%96%E5%A6%9D%E5%93%81" title="法國蝴蝶夫人國際化妝品">法國蝴蝶夫人國際化妝品</a></li> <li><span class="ilh-all" data-orig-title="黎偉業" data-lang-code="yue" data-lang-name="粵语" data-foreign-title="黎偉業"><span class="ilh-page"><a href="/w/index.php?title=%E9%BB%8E%E5%81%89%E6%A5%AD&action=edit&redlink=1" class="new" title="黎偉業（页面不存在）">黎偉業</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">粵语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://zh-yue.wikipedia.org/wiki/%E9%BB%8E%E5%81%89%E6%A5%AD" class="extiw" title="yue:黎偉業"><span lang="yue" dir="auto">黎偉業</span></a></span>）</span></span></li> <li><a href="/wiki/FTX" title="FTX">FTX</a></li></ul> </div> <div class="mw-heading mw-heading2"><h2 id="外部連結"><span id=".E5.A4.96.E9.83.A8.E9.80.A3.E7.B5.90"></span>外部連結</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=%E9%BE%90%E6%B0%8F%E9%A8%99%E5%B1%80&action=edit&section=5" title="编辑章节：外部連結"><span>编辑</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="https://www.sec.gov/answers/ponzi.htm">Ponzi Schemes FAQ</a> （<a rel="nofollow" class="external text" href="//web.archive.org/web/20130217084604/http://www.sec.gov/answers/ponzi.htm">页面存档备份</a>，存于<a href="/wiki/%E4%BA%92%E8%81%94%E7%BD%91%E6%A1%A3%E6%A1%88%E9%A6%86" title="互联网档案馆">互联网档案馆</a>） Information and advice from the US Securities and Exchange Commission</li> <li><a rel="nofollow" class="external text" href="http://www.mijiki.com/what-is-a-ponzi-scheme.html">What is a Ponzi scheme?</a> （<a rel="nofollow" class="external text" href="//web.archive.org/web/20180105011551/http://www.mijiki.com/what-is-a-ponzi-scheme.html">页面存档备份</a>，存于<a href="/wiki/%E4%BA%92%E8%81%94%E7%BD%91%E6%A1%A3%E6%A1%88%E9%A6%86" title="互联网档案馆">互联网档案馆</a>） Ponzi scheme definition with distinctions, history, and other information</li> <li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20130501085951/http://dillonthompson.com/wp-content/uploads/2010/09/ponzi.swf">Ponzi scheme</a> Illustration of a Ponzi scheme</li> <li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20190509120358/http://ponzischemetaxloss.com/">The Ponzi Scheme and Tax Loss</a> Describing tax recovery methods</li> <li><a rel="nofollow" class="external text" href="https://www.khanacademy.org/humanities---other/finance/core-finance/v/ponzi-schemes">Ponzi Schems</a> （<a rel="nofollow" class="external text" href="//web.archive.org/web/20120414141045/http://www.khanacademy.org/humanities---other/finance/core-finance/v/ponzi-schemes">页面存档备份</a>，存于<a href="/wiki/%E4%BA%92%E8%81%94%E7%BD%91%E6%A1%A3%E6%A1%88%E9%A6%86" title="互联网档案馆">互联网档案馆</a>） Ponzi Schemes on Khan Academy.</li></ul> <div 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style="width:1%"><a href="/wiki/%E8%B5%84%E6%9C%AC%E5%B8%82%E5%9C%BA" title="资本市场">市場類型</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0px"><div style="padding:0em 0.25em"> <ul><li><a href="/wiki/%E4%B8%80%E7%BA%A7%E5%B8%82%E5%9C%BA" title="一级市场">一级市场</a></li> <li><a href="/wiki/%E4%BA%8C%E7%BA%A7%E5%B8%82%E5%9C%BA" title="二级市场">二級市場</a></li> <li><a href="/wiki/%E4%B8%89%E7%B4%9A%E5%B8%82%E5%A0%B4" title="三級市場">三級市場</a></li> <li><a href="/wiki/%E5%9B%9B%E7%B4%9A%E5%B8%82%E5%A0%B4" title="四級市場">四級市場</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/%E8%82%A1%E7%A5%A8" title="股票">股票類型</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0px"><div style="padding:0em 0.25em"> <ul><li><a href="/wiki/%E6%99%AE%E9%80%9A%E8%82%A1" title="普通股">普通股</a></li> <li><a href="/wiki/%E9%BB%83%E9%87%91%E8%82%A1" title="黃金股">黃金股</a></li> <li><a href="/wiki/%E5%84%AA%E5%85%88%E8%82%A1" title="優先股">優先股</a></li> <li><a href="/wiki/%E9%99%90%E5%88%B6%E6%80%A7%E8%82%A1%E7%A5%A8" title="限制性股票">限制性股票</a></li> <li><span class="ilh-all" data-orig-title="追蹤股票" data-lang-code="en" data-lang-name="英语" data-foreign-title="Tracking stock"><span class="ilh-page"><a href="/w/index.php?title=%E8%BF%BD%E8%B9%A4%E8%82%A1%E7%A5%A8&action=edit&redlink=1" class="new" title="追蹤股票（页面不存在）">追蹤股票</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Tracking_stock" class="extiw" title="en:Tracking stock"><span lang="en" dir="auto">Tracking stock</span></a></span>）</span></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/%E8%82%A1%E6%9C%AC" title="股本">股本</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0px"><div style="padding:0em 0.25em"> <ul><li><a href="/wiki/%E6%8E%88%E6%AC%8A%E8%B3%87%E6%9C%AC" title="授權資本">授權資本</a></li> <li><span class="ilh-all" data-orig-title="已發行股份" data-lang-code="en" data-lang-name="英语" data-foreign-title="Issued shares"><span class="ilh-page"><a href="/w/index.php?title=%E5%B7%B2%E7%99%BC%E8%A1%8C%E8%82%A1%E4%BB%BD&action=edit&redlink=1" class="new" title="已發行股份（页面不存在）">已發行股份</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Issued_shares" class="extiw" title="en:Issued shares"><span lang="en" dir="auto">Issued shares</span></a></span>）</span></span></li> <li><a href="/wiki/%E6%B5%81%E9%80%9A%E8%82%A1" title="流通股">流通股</a></li> <li><a href="/wiki/%E5%BA%93%E8%97%8F%E8%82%A1" title="库藏股">庫藏股</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">參與者</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0px"><div style="padding:0em 0.25em"> <ul><li><span class="ilh-all" data-orig-title="經銷商" data-lang-code="en" data-lang-name="英语" data-foreign-title="Broker-dealer"><span class="ilh-page"><a href="/wiki/%E7%BB%8F%E9%94%80%E5%95%86" class="mw-redirect" title="经销商">經銷商</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Broker-dealer" class="extiw" title="en:Broker-dealer"><span lang="en" dir="auto">Broker-dealer</span></a></span>）</span></span></li> <li><a href="/wiki/%E7%95%B6%E6%97%A5%E6%B2%96%E9%8A%B7" title="當日沖銷">當日沖銷</a></li> <li><span class="ilh-all" data-orig-title="場內經紀人" data-lang-code="en" data-lang-name="英语" data-foreign-title="Floor broker"><span class="ilh-page"><a href="/w/index.php?title=%E5%A0%B4%E5%85%A7%E7%B6%93%E7%B4%80%E4%BA%BA&action=edit&redlink=1" class="new" title="場內經紀人（页面不存在）">場內經紀人</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Floor_broker" class="extiw" title="en:Floor broker"><span lang="en" dir="auto">Floor broker</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="場內交易者" data-lang-code="en" data-lang-name="英语" data-foreign-title="Floor trader"><span class="ilh-page"><a href="/w/index.php?title=%E5%A0%B4%E5%85%A7%E4%BA%A4%E6%98%93%E8%80%85&action=edit&redlink=1" class="new" title="場內交易者（页面不存在）">場內交易者</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Floor_trader" class="extiw" title="en:Floor trader"><span lang="en" dir="auto">Floor trader</span></a></span>）</span></span></li> <li><a href="/wiki/%E6%8A%95%E8%B3%87%E8%80%85" title="投資者">投資者</a></li> <li><a href="/wiki/%E5%81%9A%E5%B8%82%E5%95%86" title="做市商">做市商</a></li> <li><span class="ilh-all" data-orig-title="自營交易" data-lang-code="en" data-lang-name="英语" data-foreign-title="Proprietary trading"><span class="ilh-page"><a href="/wiki/%E8%87%AA%E8%90%A5%E4%BA%A4%E6%98%93" title="自营交易">自營交易</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Proprietary_trading" class="extiw" title="en:Proprietary trading"><span lang="en" dir="auto">Proprietary trading</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="定量分析師" data-lang-code="en" data-lang-name="英语" data-foreign-title="Quantitative analyst"><span class="ilh-page"><a href="/w/index.php?title=%E5%AE%9A%E9%87%8F%E5%88%86%E6%9E%90%E5%B8%AB&action=edit&redlink=1" class="new" title="定量分析師（页面不存在）">定量分析師</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Quantitative_analyst" class="extiw" title="en:Quantitative analyst"><span lang="en" dir="auto">Quantitative analyst</span></a></span>）</span></span></li> <li><a href="/wiki/%E9%87%91%E8%9E%8D%E6%B3%95" class="mw-redirect" title="金融法">金融法</a></li> <li><a href="/wiki/%E9%87%91%E8%9E%8D%E7%9B%A3%E7%AE%A1" title="金融監管">金融監管</a></li> <li><span class="ilh-all" data-orig-title="股票交易員" data-lang-code="en" data-lang-name="英语" data-foreign-title="Stock trader"><span class="ilh-page"><a href="/w/index.php?title=%E8%82%A1%E7%A5%A8%E4%BA%A4%E6%98%93%E5%93%A1&action=edit&redlink=1" class="new" title="股票交易員（页面不存在）">股票交易員</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Stock_trader" class="extiw" title="en:Stock trader"><span lang="en" dir="auto">Stock trader</span></a></span>）</span></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/%E8%AF%81%E5%88%B8%E4%BA%A4%E6%98%93%E6%89%80" title="证券交易所">证券交易所</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0px"><div style="padding:0em 0.25em"> <ul><li><span class="ilh-all" data-orig-title="電子通訊網路" data-lang-code="en" data-lang-name="英语" data-foreign-title="Electronic communication network"><span class="ilh-page"><a href="/w/index.php?title=%E9%9B%BB%E5%AD%90%E9%80%9A%E8%A8%8A%E7%B6%B2%E8%B7%AF&action=edit&redlink=1" class="new" title="電子通訊網路（页面不存在）">電子通訊網路</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Electronic_communication_network" class="extiw" title="en:Electronic communication network"><span lang="en" dir="auto">Electronic communication network</span></a></span>）</span></span></li> <li><a href="/wiki/%E4%B8%96%E7%95%8C%E8%AD%89%E5%88%B8%E4%BA%A4%E6%98%93%E6%89%80%E5%88%97%E8%A1%A8" title="世界證券交易所列表">世界證券交易所列表</a>（<span class="ilh-all" data-orig-title="證券交易所交易時間列表" data-lang-code="en" data-lang-name="英语" data-foreign-title="List of stock exchange trading hours"><span class="ilh-page"><a href="/w/index.php?title=%E8%AD%89%E5%88%B8%E4%BA%A4%E6%98%93%E6%89%80%E4%BA%A4%E6%98%93%E6%99%82%E9%96%93%E5%88%97%E8%A1%A8&action=edit&redlink=1" class="new" title="證券交易所交易時間列表（页面不存在）">證券交易所交易時間列表</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/List_of_stock_exchange_trading_hours" class="extiw" title="en:List of stock exchange trading hours"><span lang="en" dir="auto">List of stock exchange trading hours</span></a></span>）</span></span>）</li> <li><span class="ilh-all" data-orig-title="多邊交易機制" data-lang-code="en" data-lang-name="英语" data-foreign-title="Multilateral trading facility"><span class="ilh-page"><a href="/w/index.php?title=%E5%A4%9A%E9%82%8A%E4%BA%A4%E6%98%93%E6%A9%9F%E5%88%B6&action=edit&redlink=1" class="new" title="多邊交易機制（页面不存在）">多邊交易機制</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Multilateral_trading_facility" class="extiw" title="en:Multilateral trading facility"><span lang="en" dir="auto">Multilateral trading facility</span></a></span>）</span></span></li> <li><a href="/wiki/%E6%9F%9C%E5%8F%B0%E4%B9%B0%E5%8D%96" title="柜台买卖">櫃檯買賣</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><span class="ilh-all" data-orig-title="股票評價" data-lang-code="en" data-lang-name="英语" data-foreign-title="Stock valuation"><span class="ilh-page"><a href="/w/index.php?title=%E8%82%A1%E7%A5%A8%E8%A9%95%E5%83%B9&action=edit&redlink=1" class="new" title="股票評價（页面不存在）">股票評價</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Stock_valuation" class="extiw" title="en:Stock valuation"><span lang="en" dir="auto">Stock valuation</span></a></span>）</span></span></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0px"><div style="padding:0em 0.25em"> <ul><li><span class="ilh-all" data-orig-title="阿爾法 (金融)" data-lang-code="en" data-lang-name="英语" data-foreign-title="Alpha (finance)"><span class="ilh-page"><a href="/w/index.php?title=%E9%98%BF%E7%88%BE%E6%B3%95_(%E9%87%91%E8%9E%8D)&action=edit&redlink=1" class="new" title="阿爾法 (金融)（页面不存在）">阿爾法</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Alpha_(finance)" class="extiw" title="en:Alpha (finance)"><span lang="en" dir="auto">Alpha (finance)</span></a></span>）</span></span></li> <li><a href="/wiki/%E5%A5%97%E5%88%A9%E5%AE%9A%E4%BB%B7%E7%90%86%E8%AE%BA" title="套利定价理论">套利定價理論</a></li> <li><a href="/wiki/%E8%B4%9D%E5%A1%94%E7%B3%BB%E6%95%B0" class="mw-redirect" title="贝塔系数">貝塔系數</a></li> <li><a href="/wiki/%E4%B9%B0%E5%8D%96%E4%BB%B7%E5%B7%AE" title="买卖价差">买卖价差</a></li> <li><a href="/wiki/%E5%B8%B3%E9%9D%A2%E5%83%B9%E5%80%BC" title="帳面價值">帳面價值</a></li> <li><a href="/wiki/%E8%B5%84%E6%9C%AC%E8%B5%84%E4%BA%A7%E5%AE%9A%E4%BB%B7%E6%A8%A1%E5%9E%8B" title="资本资产定价模型">资本资产定价模型</a></li> <li><span class="ilh-all" data-orig-title="資本市場線" data-lang-code="en" data-lang-name="英语" data-foreign-title="Capital market line"><span class="ilh-page"><a href="/w/index.php?title=%E8%B3%87%E6%9C%AC%E5%B8%82%E5%A0%B4%E7%B7%9A&action=edit&redlink=1" class="new" title="資本市場線（页面不存在）">資本市場線</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Capital_market_line" class="extiw" title="en:Capital market line"><span lang="en" dir="auto">Capital market line</span></a></span>）</span></span></li> <li><a href="/wiki/%E8%82%A1%E6%81%AF%E8%B2%BC%E7%8F%BE%E6%A8%A1%E5%9E%8B" title="股息貼現模型">股息貼現模型</a></li> <li><a href="/wiki/%E7%8F%BE%E9%87%91%E6%AE%96%E5%88%A9%E7%8E%87" title="現金殖利率">現金殖利率</a></li> <li><a href="/wiki/%E6%AF%8F%E8%82%A1%E7%9B%88%E9%A4%98" title="每股盈餘">每股盈餘</a></li> <li><a href="/wiki/%E6%94%B6%E7%9B%8A%E7%8E%87" title="收益率">收益率</a></li> <li><span class="ilh-all" data-orig-title="資產淨值" data-lang-code="en" data-lang-name="英语" data-foreign-title="Net asset value"><span class="ilh-page"><a href="/w/index.php?title=%E8%B3%87%E7%94%A2%E6%B7%A8%E5%80%BC&action=edit&redlink=1" class="new" title="資產淨值（页面不存在）">資產淨值</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Net_asset_value" class="extiw" title="en:Net asset value"><span lang="en" dir="auto">Net asset value</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="證券特徵線" data-lang-code="en" data-lang-name="英语" data-foreign-title="Security characteristic line"><span class="ilh-page"><a href="/w/index.php?title=%E8%AD%89%E5%88%B8%E7%89%B9%E5%BE%B5%E7%B7%9A&action=edit&redlink=1" class="new" title="證券特徵線（页面不存在）">證券特徵線</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Security_characteristic_line" class="extiw" title="en:Security characteristic line"><span lang="en" dir="auto">Security characteristic line</span></a></span>）</span></span></li> <li><a href="/wiki/%E8%AD%89%E5%88%B8%E5%B8%82%E5%A0%B4%E7%B7%9A" class="mw-redirect" title="證券市場線">證券市場線</a></li> <li><span class="ilh-all" data-orig-title="T-model" data-lang-code="en" data-lang-name="英语" data-foreign-title="T-model"><span class="ilh-page"><a href="/w/index.php?title=T-model&action=edit&redlink=1" class="new" title="T-model（页面不存在）">T-model</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/T-model" class="extiw" title="en:T-model"><span lang="en" dir="auto">T-model</span></a></span>）</span></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">交易理論跟<span class="ilh-all" data-orig-title="交易策略" data-lang-code="en" data-lang-name="英语" data-foreign-title="Trading strategy"><span class="ilh-page"><a href="/w/index.php?title=%E4%BA%A4%E6%98%93%E7%AD%96%E7%95%A5&action=edit&redlink=1" class="new" title="交易策略（页面不存在）">策略</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Trading_strategy" class="extiw" title="en:Trading strategy"><span lang="en" dir="auto">Trading strategy</span></a></span>）</span></span></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0px"><div style="padding:0em 0.25em"> <ul><li><a href="/wiki/%E7%AE%97%E6%B3%95%E4%BA%A4%E6%98%93" title="算法交易">算法交易</a></li> <li><a href="/wiki/%E8%B2%B7%E5%85%A5%E6%8C%81%E6%9C%89%E7%AD%96%E7%95%A5" title="買入持有策略">買入持有策略</a></li> <li><span class="ilh-all" data-orig-title="相反投資法" data-lang-code="en" data-lang-name="英语" data-foreign-title="Contrarian investing"><span class="ilh-page"><a href="/w/index.php?title=%E7%9B%B8%E5%8F%8D%E6%8A%95%E8%B3%87%E6%B3%95&action=edit&redlink=1" class="new" title="相反投資法（页面不存在）">相反投資法</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Contrarian_investing" class="extiw" title="en:Contrarian investing"><span lang="en" dir="auto">Contrarian investing</span></a></span>）</span></span></li> <li><a href="/wiki/%E5%B9%B3%E5%9D%87%E6%88%90%E6%9C%AC%E6%B3%95" title="平均成本法">平均成本法</a></li> <li><a href="/wiki/%E6%95%88%E7%8E%87%E5%B8%82%E5%A0%B4%E5%81%87%E8%AA%AA" title="效率市場假說">效率市場假說</a></li> <li><a href="/wiki/%E5%9F%BA%E6%9C%AC%E5%88%86%E6%9E%90" title="基本分析">基本分析</a></li> <li><span class="ilh-all" data-orig-title="成長型股票" data-lang-code="en" data-lang-name="英语" data-foreign-title="Growth stock"><span class="ilh-page"><a href="/w/index.php?title=%E6%88%90%E9%95%B7%E5%9E%8B%E8%82%A1%E7%A5%A8&action=edit&redlink=1" class="new" title="成長型股票（页面不存在）">成長型股票</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Growth_stock" class="extiw" title="en:Growth stock"><span lang="en" dir="auto">Growth stock</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="市場擇時" data-lang-code="en" data-lang-name="英语" data-foreign-title="Market timing"><span class="ilh-page"><a href="/w/index.php?title=%E5%B8%82%E5%A0%B4%E6%93%87%E6%99%82&action=edit&redlink=1" class="new" title="市場擇時（页面不存在）">市場擇時</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Market_timing" class="extiw" title="en:Market timing"><span lang="en" dir="auto">Market timing</span></a></span>）</span></span></li> <li><a href="/wiki/%E7%8E%B0%E4%BB%A3%E6%8A%95%E8%B5%84%E7%BB%84%E5%90%88%E7%90%86%E8%AE%BA" title="现代投资组合理论">現代投資組合理論</a></li> <li><span class="ilh-all" data-orig-title="慣性投資策略" data-lang-code="en" data-lang-name="英语" data-foreign-title="Momentum investing"><span class="ilh-page"><a href="/w/index.php?title=%E6%85%A3%E6%80%A7%E6%8A%95%E8%B3%87%E7%AD%96%E7%95%A5&action=edit&redlink=1" class="new" title="慣性投資策略（页面不存在）">慣性投資策略</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Momentum_investing" class="extiw" title="en:Momentum investing"><span lang="en" dir="auto">Momentum investing</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="摩賽理論 (投資)" data-lang-code="en" data-lang-name="英语" data-foreign-title="Mosaic theory (investments)"><span class="ilh-page"><a href="/w/index.php?title=%E6%91%A9%E8%B3%BD%E7%90%86%E8%AB%96_(%E6%8A%95%E8%B3%87)&action=edit&redlink=1" class="new" title="摩賽理論 (投資)（页面不存在）">摩賽理論</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Mosaic_theory_(investments)" class="extiw" title="en:Mosaic theory (investments)"><span lang="en" dir="auto">Mosaic theory (investments)</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="配對交易" data-lang-code="en" data-lang-name="英语" data-foreign-title="Pairs trade"><span class="ilh-page"><a href="/w/index.php?title=%E9%85%8D%E5%B0%8D%E4%BA%A4%E6%98%93&action=edit&redlink=1" class="new" title="配對交易（页面不存在）">配對交易</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Pairs_trade" class="extiw" title="en:Pairs trade"><span lang="en" dir="auto">Pairs trade</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="後現代投資組合理論" data-lang-code="en" data-lang-name="英语" data-foreign-title="Post-modern portfolio theory"><span class="ilh-page"><a href="/w/index.php?title=%E5%BE%8C%E7%8F%BE%E4%BB%A3%E6%8A%95%E8%B3%87%E7%B5%84%E5%90%88%E7%90%86%E8%AB%96&action=edit&redlink=1" class="new" title="後現代投資組合理論（页面不存在）">後現代投資組合理論</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Post-modern_portfolio_theory" class="extiw" title="en:Post-modern portfolio theory"><span lang="en" dir="auto">Post-modern portfolio theory</span></a></span>）</span></span></li> <li><a href="/wiki/%E9%9A%A8%E6%A9%9F%E6%BC%AB%E6%AD%A5%E5%81%87%E8%AA%AA" title="隨機漫步假說">隨機漫步假說</a></li> <li><span class="ilh-all" data-orig-title="板塊輪動" data-lang-code="en" data-lang-name="英语" data-foreign-title="Sector rotation"><span class="ilh-page"><a href="/w/index.php?title=%E6%9D%BF%E5%A1%8A%E8%BC%AA%E5%8B%95&action=edit&redlink=1" class="new" title="板塊輪動（页面不存在）">板塊輪動</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Sector_rotation" class="extiw" title="en:Sector rotation"><span lang="en" dir="auto">Sector rotation</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="風格投資法" data-lang-code="en" data-lang-name="英语" data-foreign-title="Style investing"><span class="ilh-page"><a href="/w/index.php?title=%E9%A2%A8%E6%A0%BC%E6%8A%95%E8%B3%87%E6%B3%95&action=edit&redlink=1" class="new" title="風格投資法（页面不存在）">風格投資法</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Style_investing" class="extiw" title="en:Style investing"><span lang="en" dir="auto">Style investing</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="短線波段操作" data-lang-code="en" data-lang-name="英语" data-foreign-title="Swing trading"><span class="ilh-page"><a href="/w/index.php?title=%E7%9F%AD%E7%B7%9A%E6%B3%A2%E6%AE%B5%E6%93%8D%E4%BD%9C&action=edit&redlink=1" class="new" title="短線波段操作（页面不存在）">短線波段操作</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Swing_trading" class="extiw" title="en:Swing trading"><span lang="en" dir="auto">Swing trading</span></a></span>）</span></span></li> <li><a href="/wiki/%E6%8A%80%E8%A1%93%E5%88%86%E6%9E%90" class="mw-redirect" title="技術分析">技術分析</a></li> <li><span class="ilh-all" data-orig-title="趨勢跟蹤" data-lang-code="en" data-lang-name="英语" data-foreign-title="Trend following"><span class="ilh-page"><a href="/w/index.php?title=%E8%B6%A8%E5%8B%A2%E8%B7%9F%E8%B9%A4&action=edit&redlink=1" class="new" title="趨勢跟蹤（页面不存在）">趨勢跟蹤</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Trend_following" class="extiw" title="en:Trend following"><span lang="en" dir="auto">Trend following</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="定期定值" data-lang-code="en" data-lang-name="英语" data-foreign-title="Value averaging"><span class="ilh-page"><a href="/w/index.php?title=%E5%AE%9A%E6%9C%9F%E5%AE%9A%E5%80%BC&action=edit&redlink=1" class="new" title="定期定值（页面不存在）">定期定值</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Value_averaging" class="extiw" title="en:Value averaging"><span lang="en" dir="auto">Value averaging</span></a></span>）</span></span></li> <li><a href="/wiki/%E5%83%B9%E5%80%BC%E6%8A%95%E8%B3%87" title="價值投資">價值投資</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">相關用語</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0px"><div style="padding:0em 0.25em"> <ul><li><a href="/wiki/%E5%A4%A7%E5%AE%97%E4%BA%A4%E6%98%93" title="大宗交易">大宗交易</a></li> <li><span class="ilh-all" data-orig-title="交叉上市" data-lang-code="en" data-lang-name="英语" data-foreign-title="Cross listing"><span class="ilh-page"><a href="/w/index.php?title=%E4%BA%A4%E5%8F%89%E4%B8%8A%E5%B8%82&action=edit&redlink=1" class="new" title="交叉上市（页面不存在）">交叉上市</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Cross_listing" class="extiw" title="en:Cross listing"><span lang="en" dir="auto">Cross listing</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="黑池 (金融)" data-lang-code="en" data-lang-name="英语" data-foreign-title="Dark pool"><span class="ilh-page"><a href="/w/index.php?title=%E9%BB%91%E6%B1%A0_(%E9%87%91%E8%9E%8D)&action=edit&redlink=1" class="new" title="黑池 (金融)（页面不存在）">黑池</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Dark_pool" class="extiw" title="en:Dark pool"><span lang="en" dir="auto">Dark pool</span></a></span>）</span></span></li> <li><a href="/wiki/%E8%82%A1%E6%81%AF" title="股息">股息</a></li> <li><span class="ilh-all" data-orig-title="雙重上市公司" data-lang-code="en" data-lang-name="英语" data-foreign-title="Dual-listed company"><span class="ilh-page"><a href="/w/index.php?title=%E9%9B%99%E9%87%8D%E4%B8%8A%E5%B8%82%E5%85%AC%E5%8F%B8&action=edit&redlink=1" class="new" title="雙重上市公司（页面不存在）">雙重上市公司</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Dual-listed_company" class="extiw" title="en:Dual-listed company"><span lang="en" dir="auto">Dual-listed company</span></a></span>）</span></span></li> <li><a href="/wiki/%E6%9D%9C%E9%82%A6%E5%88%86%E6%9E%90%E6%B3%95" title="杜邦分析法">杜邦分析法</a></li> <li><span class="ilh-all" data-orig-title="效率前緣" data-lang-code="en" data-lang-name="英语" data-foreign-title="Efficient frontier"><span class="ilh-page"><a href="/w/index.php?title=%E6%95%88%E7%8E%87%E5%89%8D%E7%B7%A3&action=edit&redlink=1" class="new" title="效率前緣（页面不存在）">效率前緣</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Efficient_frontier" class="extiw" title="en:Efficient frontier"><span lang="en" dir="auto">Efficient frontier</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="安全投資轉移" data-lang-code="en" data-lang-name="英语" data-foreign-title="Flight-to-quality"><span class="ilh-page"><a href="/w/index.php?title=%E5%AE%89%E5%85%A8%E6%8A%95%E8%B3%87%E8%BD%89%E7%A7%BB&action=edit&redlink=1" class="new" title="安全投資轉移（页面不存在）">安全投資轉移</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Flight-to-quality" class="extiw" title="en:Flight-to-quality"><span lang="en" dir="auto">Flight-to-quality</span></a></span>）</span></span></li> <li><a href="/wiki/%E5%9B%BD%E5%80%BA%E5%88%B8" title="国债券">國債券</a></li> <li><a href="/wiki/%E4%BC%B0%E5%80%BC%E6%8A%98%E6%89%A3" title="估值折扣">估值折扣</a></li> <li><a href="/wiki/%E8%82%A1%E7%A5%A8%E4%B8%8A%E5%B8%82" title="股票上市">股票上市</a> <ul><li><a href="/wiki/%E9%A6%96%E6%AC%A1%E5%85%AC%E9%96%8B%E5%8B%9F%E8%82%A1" class="mw-redirect" title="首次公開募股">首次公開募股</a></li></ul></li> <li><a href="/wiki/%E5%A4%9A%E5%A4%B4" class="mw-redirect" title="多头">多頭</a></li> <li><a href="/wiki/%E4%BF%9D%E8%AD%89%E9%87%91%E4%BA%A4%E6%98%93" class="mw-redirect" title="保證金交易">保證金交易</a></li> <li><span class="ilh-all" data-orig-title="市場異常" data-lang-code="en" data-lang-name="英语" data-foreign-title="Market anomaly"><span class="ilh-page"><a href="/w/index.php?title=%E5%B8%82%E5%A0%B4%E7%95%B0%E5%B8%B8&action=edit&redlink=1" class="new" title="市場異常（页面不存在）">市場異常</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Market_anomaly" class="extiw" title="en:Market anomaly"><span lang="en" dir="auto">Market anomaly</span></a></span>）</span></span></li> <li><a href="/wiki/%E5%B8%82%E5%80%BC" title="市值">市值</a></li> <li><span class="ilh-all" data-orig-title="市場深度" data-lang-code="en" data-lang-name="英语" data-foreign-title="Market depth"><span class="ilh-page"><a href="/w/index.php?title=%E5%B8%82%E5%A0%B4%E6%B7%B1%E5%BA%A6&action=edit&redlink=1" class="new" title="市場深度（页面不存在）">市場深度</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Market_depth" class="extiw" title="en:Market depth"><span lang="en" dir="auto">Market depth</span></a></span>）</span></span></li> <li><a href="/wiki/%E5%B8%82%E5%9C%BA%E6%93%8D%E7%BA%B5" title="市场操纵">市场操纵</a></li> <li><a href="/wiki/%E5%B8%82%E5%A0%B4%E8%B6%A8%E5%8B%A2" title="市場趨勢">市場趨勢</a></li> <li><a href="/wiki/%E5%9D%87%E5%80%BC%E5%9B%9E%E6%AD%B8" title="均值回歸">均值回歸</a></li> <li><a href="/wiki/%E5%8B%95%E8%83%BD_(%E9%87%91%E8%9E%8D)" title="動能 (金融)">動能</a></li> <li><span class="ilh-all" data-orig-title="公開喊價" data-lang-code="en" data-lang-name="英语" data-foreign-title="Open outcry"><span class="ilh-page"><a href="/w/index.php?title=%E5%85%AC%E9%96%8B%E5%96%8A%E5%83%B9&action=edit&redlink=1" class="new" title="公開喊價（页面不存在）">公開喊價</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Open_outcry" class="extiw" title="en:Open outcry"><span lang="en" dir="auto">Open outcry</span></a></span>）</span></span></li> <li><a href="/wiki/%E9%83%A8%E4%BD%8D_(%E6%9C%9F%E8%B2%A8)" class="mw-redirect" title="部位 (期貨)">部位</a></li> <li><a href="/wiki/%E8%87%AA%E7%94%B1%E6%B5%81%E9%80%9A%E9%87%8F" title="自由流通量">自由流通量</a></li> <li><a href="/wiki/%E5%85%AC%E5%BC%80%E5%8F%91%E8%A1%8C" title="公开发行">公開發行</a></li> <li><span class="ilh-all" data-orig-title="Rally (stock market)" data-lang-code="en" data-lang-name="英语" data-foreign-title="Rally (stock market)"><span class="ilh-page"><a href="/w/index.php?title=Rally_(stock_market)&action=edit&redlink=1" class="new" title="Rally (stock market)（页面不存在）">Rally (stock market)</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Rally_(stock_market)" class="extiw" title="en:Rally (stock market)"><span lang="en" dir="auto">Rally (stock market)</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="收益風格分析法" data-lang-code="en" data-lang-name="英语" data-foreign-title="Returns-based style analysis"><span class="ilh-page"><a href="/w/index.php?title=%E6%94%B6%E7%9B%8A%E9%A2%A8%E6%A0%BC%E5%88%86%E6%9E%90%E6%B3%95&action=edit&redlink=1" class="new" title="收益風格分析法（页面不存在）">收益風格分析法</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Returns-based_style_analysis" class="extiw" title="en:Returns-based style analysis"><span lang="en" dir="auto">Returns-based style analysis</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="反向股票分割" data-lang-code="en" data-lang-name="英语" data-foreign-title="Reverse stock split"><span class="ilh-page"><a href="/w/index.php?title=%E5%8F%8D%E5%90%91%E8%82%A1%E7%A5%A8%E5%88%86%E5%89%B2&action=edit&redlink=1" class="new" title="反向股票分割（页面不存在）">反向股票分割</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Reverse_stock_split" class="extiw" title="en:Reverse stock split"><span lang="en" dir="auto">Reverse stock split</span></a></span>）</span></span></li> <li><a href="/wiki/%E8%82%A1%E7%A5%A8%E5%9B%9E%E8%B3%BC" title="股票回購">股票回購</a></li> <li><a href="/wiki/%E7%9F%AD%E5%80%89" title="短倉">空頭</a></li> <li><span class="ilh-all" data-orig-title="滑點 (金融)" data-lang-code="en" data-lang-name="英语" data-foreign-title="Slippage (finance)"><span class="ilh-page"><a href="/w/index.php?title=%E6%BB%91%E9%BB%9E_(%E9%87%91%E8%9E%8D)&action=edit&redlink=1" class="new" title="滑點 (金融)（页面不存在）">滑點</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Slippage_(finance)" class="extiw" title="en:Slippage (finance)"><span lang="en" dir="auto">Slippage (finance)</span></a></span>）</span></span></li> <li><a href="/wiki/%E6%8A%95%E6%A9%9F" class="mw-redirect" title="投機">投機</a></li> <li><span class="ilh-all" data-orig-title="Stock dilution" data-lang-code="en" data-lang-name="英语" data-foreign-title="Stock dilution"><span class="ilh-page"><a href="/w/index.php?title=Stock_dilution&action=edit&redlink=1" class="new" title="Stock dilution（页面不存在）">Stock dilution</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Stock_dilution" class="extiw" title="en:Stock dilution"><span lang="en" dir="auto">Stock dilution</span></a></span>）</span></span></li> <li><a href="/wiki/%E8%AF%81%E5%88%B8%E4%BA%A4%E6%98%93%E6%89%80" title="证券交易所">证券交易所</a></li> <li><a href="/wiki/%E8%82%A1%E5%83%B9%E6%8C%87%E6%95%B8" title="股價指數">股價指數</a></li> <li><a href="/wiki/%E9%99%A4%E6%AC%8A" class="mw-redirect" title="除權">除權</a></li> <li><span class="ilh-all" data-orig-title="交易 (金融工具)" data-lang-code="en" data-lang-name="英语" data-foreign-title="Trade (financial instrument)"><span class="ilh-page"><a href="/w/index.php?title=%E4%BA%A4%E6%98%93_(%E9%87%91%E8%9E%8D%E5%B7%A5%E5%85%B7)&action=edit&redlink=1" class="new" title="交易 (金融工具)（页面不存在）">交易</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Trade_(financial_instrument)" class="extiw" title="en:Trade (financial instrument)"><span lang="en" dir="auto">Trade (financial instrument)</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="報升規則" data-lang-code="en" data-lang-name="英语" data-foreign-title="Uptick rule"><span class="ilh-page"><a href="/w/index.php?title=%E5%A0%B1%E5%8D%87%E8%A6%8F%E5%89%87&action=edit&redlink=1" class="new" title="報升規則（页面不存在）">報升規則</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Uptick_rule" class="extiw" title="en:Uptick rule"><span lang="en" dir="auto">Uptick rule</span></a></span>）</span></span></li> <li><a href="/wiki/%E6%B3%A2%E5%8A%A8%E6%80%A7" title="波动性">波動性</a></li> <li><span class="ilh-all" data-orig-title="投票權益" data-lang-code="en" data-lang-name="英语" data-foreign-title="Voting interest"><span class="ilh-page"><a href="/w/index.php?title=%E6%8A%95%E7%A5%A8%E6%AC%8A%E7%9B%8A&action=edit&redlink=1" class="new" title="投票權益（页面不存在）">投票權益</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Voting_interest" class="extiw" title="en:Voting interest"><span lang="en" dir="auto">Voting interest</span></a></span>）</span></span></li> <li><span class="ilh-all" data-orig-title="產量 (金融)" data-lang-code="en" data-lang-name="英语" data-foreign-title="Yield (finance)"><span class="ilh-page"><a href="/w/index.php?title=%E7%94%A2%E9%87%8F_(%E9%87%91%E8%9E%8D)&action=edit&redlink=1" class="new" title="產量 (金融)（页面不存在）">產量</a></span><span class="noprint ilh-comment">（<span class="ilh-lang">英语</span><span class="ilh-colon">：</span><span class="ilh-link"><a href="https://en.wikipedia.org/wiki/Yield_(finance)" class="extiw" title="en:Yield (finance)"><span lang="en" dir="auto">Yield (finance)</span></a></span>）</span></span></li></ul> </div></td></tr></tbody></table></div>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?useformat=desktop&type=1x1&usesul3=0" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">检索自“<a dir="ltr" href="https://zh.wikipedia.org/w/index.php?title=龐氏騙局&oldid=85021542">https://zh.wikipedia.org/w/index.php?title=龐氏騙局&oldid=85021542</a>”</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Special:%E9%A1%B5%E9%9D%A2%E5%88%86%E7%B1%BB" 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