legendary trader

Chapter 171 Little Fatty Lacks Confidence
Chen Fan scanned all the stocks, foreign exchange, and futures that can be traded in the global market, but he couldn't find any investment projects he was interested in, so he felt a little frustrated.

His original intention was to let Zheng Xiaopang or Zhang Yang also propose some investment projects, regardless of success or failure, and operate them lightly, lest all the company's investment projects be placed on him alone. The advantage of this operation is that at least it will not make the outside world feel Chaofan Investment makes huge profits every time it invests, and there are still cases of investment failure.

So when Zheng Xiaopang proposed to short-sell gold, although Chen Fan was not very optimistic about shorting gold, he did not forcefully stop him, but asked him to operate 5 million yuan to invest.

But unexpectedly, Zheng Xiaopang may have lost not only his money but also his confidence because of his failed stock speculation. He has never dared to start shorting gold, but encouraged himself to operate.

After thinking for a long time, Chen Fan felt that it would be better to talk to Zheng Xiaopang tonight, let him try to short gold by himself, and watch him operate by himself.

At the end of the month, I will go to the imperial capital to accept the private equity license issued by the government. The main work in the future will be to prepare and sell private equity products.

Thinking of private equity products, Chen Fan felt a little headache again.

When applying for private placement, one was to raise funds, and the other was to politely reject Jin Qiang and the others.

Now that the private equity license is about to be issued, it is estimated that those people will come to ask for investment again.

In fact, it’s okay to accept investment. The key is that I can’t find any good investment products recently, which will kill me.

After thinking about it for a long time, I decided not to think about it for the time being. I continued to think about it, but there was no result. I set off for the imperial capital at the end of the month. When the time comes, I will buy a suite in the imperial capital, buy some antique jade and other things.

When I set off, I hope that there will be some major international events. The dull market needs major events to stimulate.

But this can only be thought about. The countries of Europa have been talking about a common currency for decades, and no accurate news has come out until now.

Thinking of dozens of countries using one currency, Chen Fan could only hehe.

Not to mention the inconsistencies in the level of economic development among countries, there are poor countries and rich countries, and the debts of countries are also inconsistent. After the currency is unified, how to coordinate the fiscal policies of various countries is a mess, but some countries are really interested.

Even going back to the age of using gold and silver is better than creating a nondescript unified currency. After all, gold and silver were once widely used currencies in various countries, and there should be no contradiction in resuming their use.

Of course, this is just thinking about it. No country will do this now. Let alone the amount of gold that can no longer support the needs of economic development. I would also like to go back to that era.

In the evening, when a few people were having dinner, Chen Fan asked Zheng Xiaopang why he didn't short gold by himself. Seeing Zheng Xiaopang's constipated expression, Chen Fan was very happy, but he had to force himself not to show it.

Zheng Xiaopang struggled for a while before saying: "I lost my confidence when I was doing stocks the last two times."

Seeing that Zheng Xiaopang finally spoke, Chen Fan continued to ask what happened.

Zheng Xiaopang looked at Zhang Yang, but Zhang Yang just curled his lips and said nothing.

It took a while for Zheng Xiaopang to say to Chen Fan: "I was full of confidence when I invested for the first time."

Chen Fan only rolled his eyes when he heard Zheng Xiaopang's opening remarks, and interjected, "A good man doesn't mention his bravery back then, what back then."

Zheng Xiaopang rolled Chen Fan's eyes, just eye to eye, Zhang Yang and Liu Ying looked at it and laughed.

"What's wrong with you?"

Zheng Xiaopang continued: "The first time I invested, I chose three stocks, and finally selected one carefully, which was Tianfeng High-tech. fall."

The three of Chen Fan just quietly listened to Zheng Xiaopang's history of investment blood and tears.

"I don't really believe in evil, and I got into a fight with him, but I couldn't stand it in a week, because the two I eliminated were so fierce." Zheng Xiaopang said in a low voice.

"What happened later?" Chen Fan interrupted and asked again, "I remember you made two stocks."

"Later, I couldn't bear the decline, so I cut my flesh and left the market." Zheng Xiaopang continued, "The second time I invest, I'm going to blame Zhang Yang."

Zhang Yang, who was still watching the joke, became unhappy for a while, and he also thought of his failed investment debut.

Zheng Xiaopang shook his head and continued: "Actually, it has nothing to do with Zhang Yang. At first I felt a bit confused and planned to rest for a few days, but Zhang Yang picked two more stocks and asked me what I thought."

Speaking of which, Zheng Xiaopang looked at Chen Fan and said, "You will know later."

Chen Fan nodded in recollection and said, "You guys asked me about this at that time, and I said that I just came into contact with the market at that time, and if I don't understand it, I should read more first."

Zheng Xiaopang nodded and said: "Yes, but we couldn't hold back. After two days of research, we got into Phoenix Department Store, but didn't buy Chenghuang Temple. As a result, Chenghuang Temple skyrocketed, and the price of commercial real estate was soaring. I'm sorry, the performance of Phoenix Department Store It’s good, and the price is low, but all the properties are rented.”

Chen Fan shook his head with a smile and said, "You only lost a few thousand yuan, which is not a big deal to you."

Zheng Xiaopang said a little disappointed: "It's a trivial matter to lose tens of thousands or hundreds of thousands. I lost my self-confidence. I think my stock selection is so fucking rubbish."

Chen Fan laughed and said, "Your baby's books are returned to the teacher, who is to blame?"

Seeing that both Zheng Xiaopang and Zhang Yang looked over suspiciously, Chen Fan continued with a smile, "The stocks you picked are actually pretty good, it's your operation that made the mistake."

"How to say?" Zheng Xiaopang asked suspiciously, and kept thinking about what he did wrong.

Chen Fan laughed and said: "You forgot that investment portfolio can reduce risk. Put all your eggs in one basket. If you invest in three stocks for the first time, if two stocks rise and one falls, you will make money in the end. It’s the same the second time. You see, when I’m in the U.S. stock market, building a position is a stock pool of three stocks and ten stocks.”

Seeing that Zheng Xiaopang was still struggling, he continued: "It's understandable if Zhang Yang made this mistake. After all, if you don't have much money, it's not interesting to disperse. But you are different, don't forget, you have money in your account , still pretending to be poor.”

Zheng Xiaopang nodded and said, "I know the combination, but then I just want to catch the leader, I think it will be more face-saving."

Chen Fan looked at Zheng Xiaopang with a smile and said: "You take face too seriously, I guess that's what you mean. Your self-confidence exploded, and you blew yourself up. In fact, think about it carefully, if you do it now, do you choose one?" Buy just the ticket or take all three checks?"

Zheng Xiaopang lowered his head and thought for a while, raised his head and said to Chen Fan: "I still want to catch the leader."

Chen Fan was left speechless by what Zheng Xiaopang said, and he stretched out his hand to touch the back of his head and said, "Then you can do whatever you want, and pretend that I didn't say anything. To be honest, little fat, I really didn't realize that you are so gambling. Just want to bet on one stock and not a portfolio."

(End of this chapter)