{"id":4961,"date":"2024-09-17T12:56:45","date_gmt":"2024-09-17T04:56:45","guid":{"rendered":"https:\/\/www.bis.hk\/?p=4961"},"modified":"2024-09-17T12:56:45","modified_gmt":"2024-09-17T04:56:45","slug":"defining-value","status":"publish","type":"post","link":"https:\/\/www.bis.hk\/zh-hk\/defining-value\/","title":{"rendered":"Defining value"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\"> Defining value \u2013\u00a0<a href=\"https:\/\/www.bis.hk\/PDF\/2024-09-16_article.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Article<\/a><\/p>\n\n\n\n<p id=\"block-cb9e37ca-178e-4e0f-9e9c-43e52a89eb0f\"><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\">\u00a0The Market Place \u2013\u00a0<a href=\"https:\/\/www.bis.hk\/PDF\/2024-09-16_marketplace.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Market Data<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Global equities rose 3.3% <\/li>\n\n\n\n<li>Generally, a strong week for markets, with risk assets recovering the bulk of their losses from the previous week.  This was driven by growing optimism about the US economic outlook and the prospect of a 50bps Fed rate-cut<\/li>\n\n\n\n<li>Brent crude rose 0.8% to $71.61 a barrel<\/li>\n\n\n\n<li>Gold rose 3.2% to $2577.7 per ounce<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Our dream investment is in an \u201ceconomic compounder\u201d but at a market valuation materially below<br \/>\nour estimate of its intrinsic value and<br \/>\ntrue worth.&#8221; <\/p>\n<p class=\"customLink\"><a class=\"\" href=\"https:\/\/www.bis.hk\/zh-hk\/defining-value\/\">\u66f4\u591a<\/a><\/p>\n","protected":false},"author":2,"featured_media":4967,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-4961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-47"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/4961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/comments?post=4961"}],"version-history":[{"count":1,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/4961\/revisions"}],"predecessor-version":[{"id":4964,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/4961\/revisions\/4964"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media\/4967"}],"wp:attachment":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media?parent=4961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/categories?post=4961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/tags?post=4961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}