Fight To the Third Generation

In his previous life, Su Yehao was only a supervisor on a construction site, and he didn't know enough about the stock market trend in this era.

He only knows of one dot-com bubble.

As to when it will develop, how it will happen, etc., it's all blank.

Even if he were to find an expert from later generations, he would not dare to pat his chest and pinpoint the historical trend data of Nasdaq to a certain day, not to mention that he is just an ordinary person.

This caused Su Yehao to grasp the general trend more accurately, but he lacked the control of specific details.

Other fund managers make money with investors’ money. Even if they lose money, it’s not a big problem. The big deal is to change the vest and start from scratch. As long as they can fool around and have a platform to continue raising funds, they can make a comeback in a few years.

However, Su Yehao was tossing with his own money, and the psychological pressure was completely different. When investing, he would inevitably be **** and make many wrong decisions.

For example, the stocks of Cisco, Qualcomm and Yahoo last year were obviously sold a little earlier in early February 2000.

Last year, Cisco's annual revenue was close to 20 billion US dollars. The 1999 financial report freshly released in February was quite beautiful, causing its market value to rise again, which has exceeded 500 billion US dollars.

The total market value of Yahoo has also increased to more than 100 billion US dollars.

If Su Yehao didn't want to be safe, and has been holding this batch of wealth management assets until now, it is estimated that he could earn an extra US$2 to US$3 billion.

Sitting on the roof of the hotel to chat with Vice President Zheng Yongwen, many guests around him glanced at Su Yehao from time to time.

Office workers have already gone to work on the fourth day of the new year, and today's attendance rate is less than one-third. The guests who can come to the hi garden hotel to spend at this moment are generally not bad. It may be because they often see celebrities and wealthy businessmen. , and no one rushed to disturb him.

At this time, Zheng Yongwen asked in a curious tone: "I'm a little confused, why did you choose that time node to short the Nasdaq index and invest so much money?"

Su Yehao smiled awkwardly, sighed and said:

"Don't mention it, I regretted that I wanted to hit my head against the wall, because I read the news that the US interest rate hike is about to end, and the average price-earnings ratio of those technology stocks has exceeded 14. How exaggerated, I think you understand better than me ."

"So, I just wanted to take a gamble. I thought that the 10% floating space left by ten times leverage was already relatively large. In addition, the Nasdaq index has risen a lot since the millennium, so I thought it would be It’s relatively safe. I didn’t expect that it would rise sharply for several days, and it would go up in a straight line. If you don’t think about making a return, you might actually have a chance to run earlier.”

"Thinking about it now, it may be that I am too rich to take this investment seriously, otherwise I should be more careful..."

Looking up at Su Yehao, Zheng Yongwen almost choked, and was stimulated by his sentence "blame me for being too rich".

It feels like it makes sense.

It’s probably like a rich person taking hundreds or tens of millions to go to Lisboa for a little gamble and have fun. Anyway, it doesn’t affect life, and it doesn’t matter if you win or lose.

Zheng Yongwen thought that money came too easily, so it was easy to take it lightly, shook his head helplessly, and said, "You can only blame you for being unlucky, young master, in fact, your thinking is not wrong in my opinion, you just underestimate the value of capital. How strong is the desire to survive.”

"Desire to live?"

"Yes, no one wants to burst the multi-trillion-dollar super bubble in their own hands, and the best way to attract others to take over is to continue to raise the stock price and create the illusion that the stock market is still prosperous. Everyone is cautious. Maintaining the status quo, in fact, a soft landing is unlikely, the Fed has raised interest rates five times over the past year, and at most one or two more, in fact, the bubble may burst at any time, you are not lucky enough.”

Zheng Yongwen went to India to practice again after working on the proposal for the semiconductor industrial park last year.

My head was hot and I dried a bowl of Ganges water... Then my head really got hot.

The high fever reached 40 degrees Celsius. After going to the UK for an examination, he found that there were parasite eggs in his head, and he recovered after a craniotomy.

A few days ago, I had been busy taking care of my body, and I accidentally saw the news of Su Yehao losing money in the newspaper, so I began to pay attention to the recent trend of Nasdaq.

This attention made him unable to sit still, so he took the initiative to find Su Yehao today to discuss partnership speculation.

After listening to him.

Su Yehao sighed again and replied:

"I also understand these truths. There are more and more shorts like me, but they are not as bad as me. They like to play hedging, and I only hold one side, with high risk and high reward, and the loss is correspondingly larger. In fact, this is The money I lost this time was all the profit I made a few days ago, do you have any research on the timing?"

"No."

Shaking his head, Zheng Yongwen added:

"So I also plan to try to hedge and wait and see the future trend. Anyway, with the performance of the past few days, the Nasdaq market has gone completely crazy, leaving value investment and growth investment all behind, I think the next trend should be It has something to do with the movement of the Fed. The funds that should flow back to the United States have already been in the stock market, property market, and bond market. When the Fed starts to weaken, the market should collapse, and there is already a storm outside.”

Su Yehao is also quite clear about these simple truths.

He lost money this time, mainly because he did not expect it at all. The Nasdaq market was so crazy this time, and the Fed estimated that the bubble was too big. The latest rate hike exceeded market expectations and pushed it up again. stock price rises.

It's all a loss, nothing to regret, Su Yehao ordered a mocha and said in his mouth:

"At the beginning, I discussed the lock-up period for the original shares of Yanwen Group with the investment bank. In order to reassure the shareholders, the fever will follow the trend, and it will be set in a year. It means that the shares of Yanwen Group that I hold will have to wait until April. Only after that can we sell it in the market, I don’t know if I can find a lot of money in the near future, and directly return some blood in the form of large-scale transactions and agreement transfers.”

Zheng Yongwen asked him, "What is the total market value of your Yanwen Group?"

"I'm not sure, I didn't dare to read more, so as not to feel distressed after the fall. It exceeded 16 billion US dollars last week. I haven't done a good job in the financial report. All losses are thrown into the annual financial report. The major shareholders personally suppressed the stock price, except for Besides a kind-hearted person like me, who else is there?"

"Young master, if you do this, it's not good for you. As long as the stock price falls and the investment doesn't make any money, the investors will still not accept your love, but it will be annoying. Just tell me this kind of thing, you must not Spread the word, so as not to ruin your reputation."

"Understood, I'm not stupid..."

Bringing the topic back to the proposal of cooperation again, Su Yehao agreed to invest 300 million US dollars for Zheng Yongwen, but the cut after making money should be set according to the profit scale.

Zheng Yongwen just wants to have a lot of money in his hand~www.readwn.com~ and enjoy it. His own pursuit of money is relatively low, so he offered to make more than double the profit before taking 5% of the profit.

From this point of view.

It seems that he is quite confident in the prospects. In normal times, it is not easy to earn more than double the profit.

He was so sincere, what else could Su Yehao say.

Around the Nasdaq's recent trend, analysis and discussion for a while.

As for reducing the shareholding of Yanwen Group through bulk commodities, in the current situation, it is not easy to find someone to take advantage of.

Considering the prospects of Yanwen Group, it is better to continue to hold the shares in his hands and wait patiently for three to five years, so Su Yehao just mentioned it casually and did not have much expectations...

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