Driven by Ning Weimin's secret and subtle influence, the flash crash caused by "Black Monday" directly led to the death of Zhou Fang Yuxiong and the destruction of the Burning Department.
This incident may be just one of the few extreme cases in Japan's bubble economy.
After all, even if people who speculate in stocks are leveraging, there are few people who gamble as big and aggressively as Zhou Fangyuxiong.
This guy borrowed the capital at any cost, and even doubled the capital through a brokerage firm.
It was his all-or-nothing play that caught up with the extreme market conditions and broke through his closing line.
In fact, as long as he can be less greedy and persist for a while longer.
He will come out of the darkest moment again, feel the power of the Japanese capital market, escape death, and even make a lot of money.
Because after the stock market crash, Japan, as the only country that did not lower interest rates, was the first in the global capital market to recover.
Spurred by the enthusiasm for profits around the world, it won’t be long before the Japanese stock market will be as strong as it was before “Black Monday” and once again lead the world.
At that time, the Nikkei Index will not only recover its lost ground, but also reach a new high, with room to nearly double its price.
One by one, Japan's speculators who have suffered a painful experience this time will probably forget this heart-wrenching pain and party all night long.
But then again, although "Black Monday" is just an accidental phenomenon in the bull market.
But we have to admit that most people who don’t know much about stocks and only speculate based on emotions, either out of greed or ignorance, are bound to lose money in the end.
Because of the law of chasing the rise and killing the fall, they can never escape or hide. They will repeatedly jump in greed and fear, so being harvested is a foregone conclusion.
In the final analysis, winners in the stock market really do not rely on capital. In addition to a little luck and a little knowledge, they mainly rely on mentality. Only with a good mentality can you remain rational.
Once their mentality collapses, it is useless no matter how good the market is. They will always make wrong choices, and they will inevitably be hurt by the jaggedness of stock trends.
Just like Supervisor Chikawa and Vice President Takada of Pierre Cardon Co., Ltd. in Japan.
Compared to Ikuo Suho, because they added less leverage, they currently suffered much less losses. The principal of 500 million yen plus the financing leverage of 200 million yen only lost 290 million. Yen.
If they could be single and stop now and admit defeat, they could barely afford to pay the money together.
Then nothing worse will happen again.
But the problem is that all their funds were misappropriated from the company. They put aside their good character, morality, career and future and secretly invested in the stock market just to make money. Now they have not made any money, but they have to dig out their own family funds to make up for it. hole.
How could they not feel distressed? How could you be so willing? How could he be calm?
It is inevitable to have a mental breakdown, and it is inevitable to blame each other. It is normal to even curse and fight.
However, they are like a loser gambler who absolutely cannot accept the fact that their investment failed, and they can only intensify their efforts until they end up in trouble.
"Ishikawa, it's all your fault. You encouraged me to misappropriate accounts receivable to buy stocks, but now it's fine! After listening to you, we suffered a huge loss!"
On November 10, 1987, in the Japanese-style restaurant called Ogiya, a small Japanese-style restaurant in Koto Ward, Tokyo, President Takada slapped the table and glared like a red-eyed rabbit.
"Don't talk nonsense! How can you blame me! This is something you and I did together!"
Supervisor Ishikawa, who was sitting opposite him, quickly hid away, both for fear of being beaten and In order to avoid Tumo Xingzi.
"Besides, I just wanted to make money with you. Who knew you were so unlucky!"
"Huh? Blame my bad luck? You guy, how can you say that! You are so kind! Let me ask you, has the stock gone up?”
"Didn't it increase? It did increase at the beginning. I'm not wrong. To be honest, you have been unlucky since you joined, causing me to lose money too! I haven't blamed you yet."
Plastic’s allyship has long since ceased. Faced with Supervisor Ishikawa’s blame-shifting, President Takada angrily shouted, “Don’t evade your responsibilities, you bastard! I really regret listening to your nonsense! How much do you know about stocks? How much is NTT now?”
“How can you say this? After all, you can’t even read financial statements. Better than you. Besides, I didn’t choose NTT. It was you who firmly believed that NTT would not lose money, so you still insisted on raising the first three funds. I bought this stock for 100 million yen..."
"What about the additional positions later? The new 200 million yen I got were always the stocks you chose, right? And you also tricked me into adding leverage, right? As a result, these stocks doubled their losses!”
“Yes, this is my responsibility. I don’t deny it, but who insisted on going low a few days ago? Sell. If you had listened to me, you would have rebounded even if you persisted for one more day. If you sold at the high point, you would have lost at least 60 million yen. As a result, you were still crazy at the high point. I can’t stop you from covering up your position, so you’re not responsible for this.”
"Then you are also the main responsibility. I don't care, you have to give me an explanation anyway! Otherwise I will kill you..."
"No, no, no, no!"
Both parties are like this. We complained to each other, although Ishikawa was very eloquent and had the upper hand in verbal attacks.
But Takada couldn't stand it and became more arrogant and excited.
Seeing that President Takada was not in the right mental state and worried that he would really take action, Supervisor Ishikawa was so frightened that he came over to coax him again, "Okay, okay, it's my fault. I should bear most of the blame." Responsibility, that’s it! Don’t let our friendship end.”
"Friendship? What kind of friendship is there! Do you think I will still treat you as a friend? You are my enemy now! I can't wait to bite you to death and eat your flesh alive!" Takada didn't give him any face.
"Okay, okay! I understand how you feel, but you have to calm down and listen to me. When we encounter difficulties, we should unite and deal with them together. You don't want others to find out, so let's finish it together. .”
“You You guy, you still want to confuse people? Bastard, if you want to die, I will help you!”
Based on President Takada’s understanding of Supervisor Ishikawa, he has already suffered two losses, so he naturally knows him very well! What is this colleague planning to do?
This time he finally couldn't help but pounced on him, grabbed his neck, and stared viciously at the face that made him sick.
"I'm telling you, don't make any more evil ideas! I will never listen to you again! I know what you are going to say? You still want me to get money to cover my position? No, you guy! This time I Stop it! If you do it, you can get me 200 million!”
“No, you have to calm down”< br>
After failing to escape this time, Ishikawa finally panicked. While struggling, he said, "Where can I get money? You...you...let me go first, and we will discuss it slowly!"
“There’s no need to discuss it. If you don’t agree, I’ll kill you, you beast! It’s all over anyway. The annual settlement is coming in March. What will we do then? I'm going to surrender, kneel down and apologize to the president, and let's go to prison together."
"What the hell. I... of course I know you feel uncomfortable, with so much loss and great pressure, but...but You have to believe that there are no stocks that only fall but don’t rise. Take a good look at those stocks and see which ones rise and fall. As long as we have money to compensate, we don’t need these stocks to rise too much. I can get my money back. I still have four months to go. I’m not in a hurry. Why are you in a hurry?”
This was the first time Takada took action and spoke to Ishikawa in such a strong manner.
Perhaps knowing that the man in front of him was on the verge of explosion, Ishikawa's attitude was not angry, but softer.
"What you say is nice, but your words are not fulfilled every time. I don't believe what you say now! I don't believe you anymore!"
Takada seems to be determined to continue to the limit. The pressure was exerted, and it was the kind that would kill him while Ishikawa's disease was taking advantage of him. Especially his scary demeanor was really abnormal. Ishikawa couldn't help but worry about him taking further drastic actions.
"You're crazy. Takada, what's the benefit to me if I cheat you? Okay, okay, I'll get the money this time. You'll be satisfied with this!" "Ishikawa was really anxious. He was afraid that Takada would go crazy and take him to be buried with him immediately. He was no match for him physically, he was seven or eight years older than him, and he also had cardiovascular disease.
The forty-year-old Takada looked a bit sluggish, so it was not impossible to strangle him to death. He didn’t want to be an unjust victim.
So he compromised and kept asking.
"Let me go quickly. You see, your goal has been achieved long ago, and I have promised you. Why are you still holding on to me and not letting me go!"
"Don't Treat me like a fool! Just say a few words and get away with it! Since you agreed, tell me carefully how you plan to get the money!" Song Ya cursed and asked.
"I... I used the company's stock account to mortgage the financing head office, right? I will discuss with the securities company to transfer the money raised to our account to help us make profits. As long as they can make money, they will not object. Company stock account There are one billion yen. Think about it, we still have money, enough to pay for it. We will be able to get back our capital. Believe me, we still have enough financial support, and we are far from being desperate, but you must have confidence first..."
These words finally gave Takata the chance. I was convinced, and the next day, Japan’s stock market really started to pick up.
In this way, he soon regained the lost confidence from the gradually rising stock price.
The relationship between him and Supervisor Ishikawa also improved as a result. Gradually, as they gradually increased their positions, they became brothers again.
However, they have never thought that inverted pyramid investment like theirs, which involves buying more and more stocks as the market gets better, is actually a taboo for stock trading.
Especially when they find ways to double their bets to cover their losses when they lose, they are no different from gamblers who refuse to come down once they are on the table.
Yes, it is true that there is no stock that only falls but does not rise.
But even if they win this hand, what about the next game?
They will only be more determined and will not listen to anyone else's words.
And it’s meaningless even if they win thousands of times.
Because as long as they lose their pants once, they will never get up again.
As for the two bosses of Japan's pilcaton Co., Ltd., neither Hidehiro Hasegawa nor pilcaton in France, they knew that their common enterprise was like a big tree and was about to be destroyed by two A moth has made it full of holes.
The company that originally had stable revenue and expenditure is in jeopardy...
Coincidentally, for everyone Ning Weimin knows, except for Ishikawa and Takata, this time due to the stock market crash, Yujiro Sakai was also hit financially.
He didn't lose a lot of money, and it certainly wasn't as taxing as Ishikawa and Takada.
He entered the market with 500,000 yen, and now he has more than 300,000 yen left, and his loss of principal is less than 200,000 yen.
But the problem is that there are problems with his source of funds.
Like Ishikawa and Takada, he entered the market with credit funds, borrowing money from Takefuji.
Since he has to pay a lot of short-term interest every month, he is under great pressure in repayment.
And there is another point that he is the same as Ishikawa and Takada. He is not willing to lose money in vain.
He firmly believes that he lost money by trading stocks, and of course he can still make it back by trading stocks.
This mode of thinking means that he already possesses the basic elements of a gambler - he still wants to get back his money after losing.
So on November 10th, after lingering for a long time in front of the branch of another small loan company, Yujiro Sakai, who was under pressure to repay the loan, put out the third cigarette butt he had smoked. , finally decided to demolish the east wall to repair the west wall, opened the door and walked in.
This loan company is located on the road that Yujiro Sakai must pass when he gets off work in the morning and evening to and from the station.
Although it is not as famous as Takefuji, it has numerous chain stores and can also do large-scale advertisements on TV and on the streets.
But their salesmen also frequently hand out matches and Kleenex ads for loan products near stations.
In fact, the day before, Yujiro Sakai called the phone number printed on the matchbox because the repayment date for the 500,000 yen he borrowed from Takefuji was imminent, and he secretly inquired how to get the loan and what procedures were required. , how much interest will be charged.
On the phone, the other party said that all you need to do is bring your medical insurance card. The interest rate is a bit higher than Takefuji.
For this reason, Zuo Hai Yujiro made a special trip during his lunch break.
When he plucked up the courage to walk in, he took the initiative to show them his insurance card and said he needed a loan of 500,000 yen.
Unexpectedly, after only waiting for a while, the person from the loan company gave him this reply with a smile on his face.
“Is 500,000 yen enough? There are many people who need money now. We are aware of your situation. If you are willing, we can prepare 700,000 yen to 1 million for you. Yen. What do you think?"
Looking at the smile on the other person's face, Zuo Hai Yujiro felt a little nervous, but as if another stone fell to the ground, his mood was very
complex.
He had obviously borrowed money once before, but he stuttered again like last time in Takefuji.
"Fifty thousand should be enough. Just...now...can...can you...give...the money to me?"
"No problem, as long as you bring the name stamp, I will give it to you now." I can give you money. But I still suggest you take more money, in case it’s not enough. Wouldn’t it be more convenient?”
At this time, the female receptionist on the other side gently gave Zuo Hai. Yujiro brought wet towels and coffee.
The people from the loan company continued to persuade, "You need to keep it a secret from your family, right? No problem, we guarantee the privacy of our guests. So you can take the one million yen today. If you think you don't need it, , just take the money and pay it back tomorrow, the day after tomorrow, next week, anytime as long as you pay the interest regularly
The principal can be paid back at your own pace.”
The other party's reply made Zuo Hai Yujiro a little overwhelmed, and he responded almost mechanically.
Ever since, a full one million yen in cash was placed in front of him, and various documents were issued in the blink of an eye.
A large amount of unexpected funds caused Yujiro Sakai's credit debt to reach 1.5 million yen in an instant. This was no longer something he could solve with the salary he would get in half a month plus a half-year bonus. problem.
But he didn't seem to realize this.
At this time, there was only one thought in his mind - it shouldn't matter if he borrowed more, right?
Everyone is clamoring to cover their positions. If the market improves, it will be much easier to make up for losses.
If you are lucky enough and the stock can rise a little by the end of the year, these debts may be easily solved. (End of this chapter)