Chapter 723 Explanation
"Uh... Zhou Sheng, although this stock is relatively stable, its market value is too small. Affected by the European currency crisis, the U.S. stock market is also in the same downturn. Microsoft's current daily trading volume It’s less than one million, even if it’s at the historical peak, it’s only about two million.”
“You can buy it with such a large amount of money. Microsoft's words will sharply increase Microsoft's stock price in the short term, which is likely to trigger an investigation by relevant US departments."
"Oh my god...are they all so miserable now?" Zhou Zhi no matter what. No one could have imagined that on this day in 1992, spending a mere $20 million on it would cause Microsoft, a future giant, to experience strong stock price fluctuations.
"Then let's look for opportunities and absorb them slowly." Zhou Zhi said: "If IBM stabilizes next year, we can start building positions again. Now it seems there is no need to rush, there is plenty of time to play with these two checks. .”
"Zhou Sheng, I would like to ask why you are so optimistic about the information industry?"
"The reason is very simple. Nowadays, everyone is talking about the arrival of the information age, but it has not been fully reflected in the stocks. , This is unreasonable in itself.”
“But Zhou Sheng, technology companies are too money-burning. If they are not careful, they will face bankruptcy due to the interruption of the capital chain, and the risk is also very high.”
< br>"You are right, Therefore, we need to choose companies with strong power and outstanding management capabilities to participate. For example, although Lao Bi always likes to delay releases, things are still available. For example, if he is not here, we will not buy Apple. "
“As for IBM, it was because it made mistakes in decision-making, underestimated the capabilities of the INTEL386 chip, and failed to keep up with development in time, but it does not mean that it does not have this strength.”
"Okay Zhou Sheng, I have turned on the phone recording. Our next conversation will be preserved as evidence."
"According to Zhou Sheng's wishes, the assets entrusted to our company by your distinguished master will be kept for five days. In addition to the flexible disposal of one million US dollars, the remaining US$20,746,632.62 will gradually build positions in US information industry stocks, mainly Microsoft and IBM stocks.”
“We will gradually build a position on Microsoft from now on, provided that it does not affect market fluctuations, while the method of building a position on IBM will rely on the trend. If the monthly line stabilizes and goes sideways, we will start to gradually buy.”< br>
“As for Apple, we have included it as a key observation object. Is this okay?”
“Yes.”
"Okay, we will work out a detailed investment plan for you based on your investment interests, and complete the investment according to your instructions."
"I will re-fax the asset entrustment letter of intent in a moment. I’ll give you a copy, please sign it and then fax it back.”
"Okay, is there anything else?"
"There is anything else, wait until I turn off the recording first..." Jack Lee was a little flustered there: "You know An Xin What do you like to eat?”
Zhou Zhi: “…”
As soon as I finally hung up the phone, the ringtone started ringing crazily again.
When I picked up the phone, I heard Xu Anxin shouting frantically: "What are you doing?! Why is the phone busy for so long?!"
Zhou Zhi understood in the blink of an eye. What's going on? Jack Li must have called her first and then himself. As a result, Xu Anxin hung up the phone and called himself. The line was busy until just now.
So he smiled and said: "You still don't know who is busy? Jack Lee."
"What on earth did you do?!" Xu Anxin was breathing heavily over there, it could be seen that just now Being unable to get through on the phone for such a long time made her extremely nervous: "Jack Li just told me that our Jin An's assets have increased to 3,500! Ten thousand! U.S. dollars!"
"Yes, almost this amount." Zhou Zhi was still very calm: "Actually, there is also a part of my personal investment, which Jack Lee may not have told you." "You, what on earth have you done? Is the world crazy?! ”
“It can be said that the new Have you paid attention to the European currency crisis?"
"I have paid attention, but...I can't understand it..."
"Let me tell you briefly. Do you know that the central banks of ten countries have used real money to rescue the market in the past few days? ”
"I know."
"How much money did they spend in total?"
"I don't know."
"I tell you, Britain alone can spend one day He took out his own foreign exchange reserves and repurchased more than 20 billion pounds until all the foreign exchange reserves in his treasury were exhausted."
"Is this... so scary?"
"Of course, it doesn't mean that all the money used to rescue the market has been taken away by the international giants. What the giants earned is actually just the interest rate difference."
"The beginning of this crisis was actually because of ten The central bank's exchange mechanism is too rigid, causing the pound and Several other currencies are overvalued, while the German mark is undervalued.”
“This exchange ratio was originally fictitious, but now after experiencing the European currency turmoil, the current exchange price is real. ."
" The operation of the predators is actually very simple. For example, when one pound can be exchanged for three marks, I borrow one billion pounds and exchange it for three billion marks. When one pound can be exchanged for two marks, I sell two If one billion marks are converted into one billion pounds, the remaining one billion marks will be the net profit.”
“Who loses is naturally all the pound holders, and the ones who suffer the most are of course the ones who issue the pound. country, as well as the British banks and ordinary people who hold them in large numbers."
"But..." Xu Anxin barely understood this kind of money-making model: "But, according to you, it only takes a principal of three billion marks to earn a profit of one billion marks, and our funds have doubled. Six or seven times more!”
“That’s because the international market is now Financial products are developed." Zhou Zhi patiently explained: "As long as you have one yuan, the bank will lend you five yuan."
"Of course there are huge risks, so when the bank lends you money. , usually a clause will be agreed upon. It’s okay if you use it to make money, and everyone will be happy, but if If you lose, even if you only lose 50 cents, the bank will give you the remaining 50 cents, so that it can still earn 50 cents from you, and your one dollar will be completely wiped out.”
< br>“We were lucky this time. When we first discovered the opportunity, we were on par with the predators, and it was even early for them, so we After that, it was pushed by them without any effort.”
“Secondly, the operation was divided into three waves. Even with five times leverage, the risk was still effectively controlled. For this, I really have to thank Jack Lee for his management.”
"If I have to say it, it is this round of European currency and financial crisis. Our funds have achieved three exponential growths. First, we attacked the Finnish mark, and our assets changed from one to two. Then we attacked the Italian lira, and our assets changed from two to four. Finally, we hit Pounds, so it changed from four to eight ”
“Of course this is a metaphor to give you a brief understanding of our operation this time. For a more detailed review, you can ask Jack Lee to explain it to you slowly.”
(End of this chapter)