<?xml version="1.0" encoding="UTF-8"?>
<urlset xmlns="http://www.sitemaps.org/schemas/sitemap/0.9">
  <url>
    <loc>https://mingyangliu.org/zh/research/the-ruler-matters.html</loc>
    <lastmod>2026-10-28T21:21:54.866Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/research/interpreting-pricing-errors.html</loc>
    <lastmod>2026-10-28T21:21:54.866Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/research/geometric-framework.html</loc>
    <lastmod>2026-10-28T21:21:54.866Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/research-toolkit/index.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/projects/teaching-notes.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/projects/return-state-diagnostics.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/projects/naipca-toolkit.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/projects/index.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/projects/forecast-evaluation.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/privacy.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/data-code.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/advisory.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/research/same-forecasts-different-portfolios.html</loc>
    <lastmod>2026-10-28T21:21:54.863Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/research/index.html</loc>
    <lastmod>2026-10-28T21:21:54.863Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/research/characteristic-space-metrics.html</loc>
    <lastmod>2026-10-28T21:21:54.863Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/projects/why-the-ruler-matters.html</loc>
    <lastmod>2026-10-28T21:21:54.862Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/projects/strategy-notes.html</loc>
    <lastmod>2026-10-28T21:21:54.862Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/projects/nlp-alpha.html</loc>
    <lastmod>2026-10-28T21:21:54.861Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/projects/isif-ai-operating-system.html</loc>
    <lastmod>2026-10-28T21:21:54.861Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/projects/forecast-to-portfolio.html</loc>
    <lastmod>2026-10-28T21:21:54.861Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/projects/building-the-ruler.html</loc>
    <lastmod>2026-10-28T21:21:54.861Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/index.html</loc>
    <lastmod>2026-10-28T21:21:54.859Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/cv.html</loc>
    <lastmod>2026-10-28T21:21:54.855Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/advisory.html</loc>
    <lastmod>2026-10-28T21:21:54.703Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/data-code.html</loc>
    <lastmod>2026-10-28T21:21:54.855Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/privacy.html</loc>
    <lastmod>2026-10-28T21:21:54.860Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/projects/forecast-evaluation.html</loc>
    <lastmod>2026-10-28T21:21:54.861Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/projects/index.html</loc>
    <lastmod>2026-10-28T21:21:54.861Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/projects/naipca-toolkit.html</loc>
    <lastmod>2026-10-28T21:21:54.861Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/projects/return-state-diagnostics.html</loc>
    <lastmod>2026-10-28T21:21:54.862Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/projects/teaching-notes.html</loc>
    <lastmod>2026-10-28T21:21:54.862Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/research-toolkit/index.html</loc>
    <lastmod>2026-10-28T21:21:54.862Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/research/geometric-framework.html</loc>
    <lastmod>2026-10-28T21:21:54.863Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/research/interpreting-pricing-errors.html</loc>
    <lastmod>2026-10-28T21:21:54.863Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/research/the-ruler-matters.html</loc>
    <lastmod>2026-10-28T21:21:54.863Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/cv.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/index.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/projects/building-the-ruler.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/projects/forecast-to-portfolio.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/projects/isif-ai-operating-system.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/projects/nlp-alpha.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/projects/strategy-notes.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/projects/why-the-ruler-matters.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/research/characteristic-space-metrics.html</loc>
    <lastmod>2026-10-28T21:21:54.865Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/research/index.html</loc>
    <lastmod>2026-10-28T21:21:54.866Z</lastmod>
  </url>
  <url>
    <loc>https://mingyangliu.org/zh/research/same-forecasts-different-portfolios.html</loc>
    <lastmod>2026-10-28T21:21:54.866Z</lastmod>
  </url>
</urlset>
