Chapter 611 Like falling into an ice cave
In order to attract traffic and attention and bring more benefits to themselves, financial experts, fund managers and well-known individual investors often sensationalize and spread some remarks that are likely to attract attention.
However, even within the same asset management company, there is rarely a consistent tone.
Each fund manager holds different investment concepts, which makes it easier to cast a wide net and gain recognition and following from investors.
Some people guessed that the market would rise, some guessed that it would fall, and some guessed that it would remain roughly the same. Everyone adopted different investment strategies, and there would always be someone who bet on the right thing and successfully outperformed the market.
Are the vision of these fund managers really better than that of stock investors?
Not necessarily.
Many times, they are exposed to more information and are investing other people’s money, so there is no need to worry about gains and losses, which makes them appear to be more rational.
The vast majority of them are just gambling on their luck by following the market trend. They can help investors make money when a bull market comes, but they will still lose a lot of money when a bear market comes. They simply do not have the strength to survive both bull and bear markets.
In fact, some fund products claim to "run through bull and bear markets", but most of them are just lucky and have entered the right industry.
Just like the home appliance stocks in previous years, the real estate stocks in the following years, and the liquor, medical, semiconductor and new energy vehicles in the future, as long as they stand in the right direction, pigs can indeed fly into the wind.
There are truly powerful experts, fund managers, and individual investors, but their number is really too small. This group of people are often good at taking advantage of the situation and using their fame to hype things up, thereby driving up stock prices and increasing the success rate of their investments.
Fan Wumian is different.
He really understands it so well, it's like he has a God's perspective, he can directly stand at the macro level and clearly overlook the overall situation.
Therefore, rather than trusting his employees, he always prefers to take the helm himself. After selecting the general direction, he only leaves the details to others. The same is true when choosing to write a script.
This time.
He made three public posts in a row through the domestic and international versions of Penguin Weibo, leaving no way out for himself.
Clearly communicate your views to the outside world
——"If the Fed does not cut interest rates, the U.S. housing market and subprime mortgage market will collapse, triggering a financial tsunami that will sweep the world."
Many of the words are too absolute, which is completely different from many big names in the financial investment industry who are sitting on the wall and thinking they can "win" no matter which way the wind blows, and have conducted in-depth research on "Winning Science".
As a super-rich man with a net worth of over 10 billion, Fan Wumian stepped to the front of the stage and blew the whistle that "the financial tsunami is coming."
As the news came out, countless netizens related to financial investment were excited, some as if it was Chinese New Year, while others were so panicked that their hair stood on end and their scalps tingled.
A certain retail investor immediately forwarded it and commented:
——"It's like falling into an icy cave. I still have more than 1300 million in the market, which is almost % of my position.
I suspect that Fan Wumian went to the United States a few days ago and saw some news on Wall Street that is difficult for us to access. The situation may have become very serious.
At his level, he has a wide range of intelligence channels, so everyone should be vigilant. These words are definitely not just random words. After all, if they don't come true, he will be stuck on the pillar of shame and will never be able to turn over. There is absolutely no need to make fun of us."
Soon there was a comment below:
——"Yeah, it's rare to see Fan Wumian so serious. He usually only uses Penguin Weibo to advertise and post photos."
The forest is big and there are all kinds of birds.
Big fools who sang a different tune and thought they were very powerful and had good vision also appeared one after another. They said in a firm tone that Wall Street was behind the subprime mortgage market and how could they allow economic problems to arise? They refused to listen to any other opinions and tried desperately to argue with others.
In the past, Fan Wumian was busy making money behind closed doors, and the information he conveyed to the outside world was generally concentrated on the film, television and entertainment industry.
Although the media often praises how capable he is and how good his vision is, he ultimately lacks a foundation and background in the field of financial investment, and his influence is limited.
This is one of the disadvantages of hiding behind the scenes for a long time and not taking the initiative to stand in front of the stage. If Fan Wumian had not been making a fortune quietly before, with his ability, the scale of funds raised by the Gangcheng Bandit King Fund would at least be one or two times what it is now. After all, he has just started to help others manage assets and has not achieved too impressive results.
Good luck is important, but if you want customers to spend real money, it is not enough to just create a "lucky" persona. It involves your own gains and losses, which prompts investors to pay more attention to real strength.
This has resulted in his temporary lack of market appeal. After he posted three posts in succession, a large number of netizens opposed his views and chose to sing a different tune.
Fan Wumian was too lazy to pay attention to it, and he didn't want to waste his time trying to convince anyone to agree with his point of view.
At this moment.
Pu Jiajing came to the study in her pajamas, knocked on the door and reported:
"Boss, when are you going to bed? My phone is about to explode with calls from reporters. Some heavyweight official media want to interview you briefly and promised to put your news on the front page tomorrow morning."
Coming here in pajamas did not mean she had any other intention towards Fan Wumian. Pu Jiajing just stayed at his house to facilitate her work.
There were no live-in servants in each house, so many trivial matters were left to her as a personal assistant. Occasionally, when Fan Wumian wanted to have a midnight snack, or when there was an emergency at night, it would be more convenient for Pu Jiajing to stay here. She also had to go to bed early and get up early every day to help arrange breakfast.
After looking Pu Jiajing up and down, Fan Wumian found that she had matured a little, her whole body was fair and tender, and she seemed to have become more pleasing to the eye.
We are so familiar with each other in daily life that it is difficult to find the bright spots in her.
The light in the study is dim now, and the yellowish light seems to have its own filter, which successfully adds a lot of points to Pu Jiajing.
Without the intention of eating grass near his home, Fan Wumian said:
"I have already mentioned the point I want to express on Weibo. Forget about accepting the interview. I guess even if I ignore them, I will still be on the front page of tomorrow's headlines. I'm afraid I will be busy in the next few days. You should go to bed early. You may need to take some time to go to Yanjing and Shanghai to find a few more big clients to cooperate with me."
Pu Jiajing asked further:
"Boss, do you think I should sell my house in Gangcheng? If there is a financial crisis, Gangcheng will also be affected. Most of my salary is used to pay off the mortgage. If the house price drops sharply, I will cry and faint."
Fan Wumian sat in front of the computer and casually checked the news related to the Hong Kong city's real estate market. He suggested:
"There is no need to rush in the short term. Before the financial crisis really comes, the stock market and the property market are likely to overheat and a large number of bubbles will appear. If you sell the house in the second half of the year and buy it back at the end of next year or the year after, you should be able to make a few hundred thousand yuan in difference."
"Some netizens said that Wall Street would never allow problems in the subprime mortgage market, and they seemed to not understand how sharp the sickle of the dollar tidal cycle is. In addition, there will be a change of leadership in Washington soon, and the two sides will fight fiercely at that time. It is estimated that they will not really come forward to solve the problem for a while."
"I feel that Wall Street will repeat its old tricks this time, first driving up the value of global assets to profit from the bubble, then destroying various emerging markets, and then picking up bargains at low prices. As long as I follow suit at the right time, I can take advantage of the trend and make a fortune, which is much more promising than going long on Apple stocks."
He had been waiting for an opportunity to make quick money through speculation to ease his short-term cash flow pressure. Now that the opportunity had finally appeared, there was excitement in Fan Wumian's tone.
Pu Jiajing understood immediately after hearing this and said happily:
"I don't understand these. It's definitely right to do what you say, boss. I didn't follow you to buy penguin stocks, but spent the money on your old house. I regret it so much. I lost two or three million Hong Kong dollars. Then I will say hello to the tenant tomorrow. The lease will expire in October. After the tenant moves out, I will immediately put the house up for sale."
Assets of 30 are a hurdle.
After the middle class has earned so much money, most of them start thinking about changing their ways of doing things. This is basically how the vast majority of clients of public funds come from. As for the big clients of private funds, it is another situation.
Take Pu Jiajing for example. She could not wait to buy a house in Hong Kong before. Now she has made some money from real estate speculation and stocks. Her salary is not low. One year's work is almost equal to her parents' income for 6 years.
The total assets under his name have already reached the 200 million threshold, so it is inevitable that his mind will become more active. (End of this chapter)