Chapter 613: One step ahead is a madman
Fan Wumian's every move has always attracted widespread attention.
This time he published three posts in a row, predicting that the U.S. housing market was about to plummet, and even predicted that due to the impact of the subprime mortgage market, a gray rhino event was likely to occur, rampaging through the global financial market and triggering a new round of financial tsunami.
Seeing that Fan Wumian used the Great Depression of the last century as an example and spoke so confidently, the power of these three Weibo posts was no less than dropping a heavy-duty depth bomb on the financial market.
Even though many people think that he is young and that Fan Wumian's fortune was just a stroke of luck, facing the heated discussions among countless media and experts, many people still choose to be cautious and assess how likely it is that a new round of financial crisis will actually occur.
From Hong Kong to the mainland, and then to Japan, South Korea, Taiwan, Southeast Asia and other places, many media outlets publicized this matter extensively, triggering a widespread discussion.
The last serious economic crisis was the collapse of the Nasdaq bubble at the beginning of this century, and the negative impact was mainly concentrated in the Internet technology sector.
If we calculate the time, if we take seven or eight years as an economic fluctuation cycle, it is almost time for a new round of financial crisis to occur, so some people also agree with Fan Wumian's point of view.
But the subprime mortgage crisis has only just begun to show signs, and the data is too scarce to make an assessment.
Therefore, ordinary people lack the ability to distinguish and believe everything they hear. On the other hand, in the financial world, there are actually only a very small number of experts who are willing to believe Fan Wumian.
Many practitioners in the financial industry also felt that he was exaggerating and mysterious, and thought that Fan Wumian was hyping up the company's financial products and trying to sell them to the outside world.
He once again dominated the hot topic list of Penguin Weibo. The difference is that usually the topics discussed are mainly related to the entertainment industry, but this time the topic is a bit high-end. Many young people can't understand it at all, but they think that Fan Wumian has really made it big and looks very impressive.
Due to the time difference, the news has not yet reached Europe and the United States.
Before the opening of Hong Kong and A-share markets, in order to avoid being criticized and blamed for "crashing the market and causing everyone to lose money", Fan Wumian posted two more Weibo posts, which read:
——"I predict that the collapse of the US housing market and subprime mortgage market will be a long-term trend. In the next few months, Asian stock markets are likely to experience significant turbulence. There may even be a carnival game like passing the parcel, where the entire market loses its mind, pushing the stock market to an almost crazy height. Risks are accompanied by opportunities, and we should be prepared for them."
——“Beware of the tidal effect of the US dollar. Once the market is blown up, the savings accumulated by countless middle-class people over decades of hard work may be wiped out.
Next, I will use more funds than the long position in Apple shares to try to find new opportunities in the international market. I also welcome strong potential investors to cooperate with me."
Fan Wumian clearly remembers that due to the impending A-share crash in 2007, there were still netizens complaining about being trapped for so long more than ten years later, but now they are finally going to get their money back.
The mainland stock market is now in a bull market phase, and there is no sign of overheating in the market for the time being. The Shanghai Composite Index has just broken through 2900 points, and there is still a long way to go before it reaches the terrifying 6000 points that he remembers.
After posting the latest Weibo post, Fan Wumian felt that he might have blocked many people’s financial resources and might be scolded, so he added another post, saying
——“People live under rules and can only follow them. Being half a step ahead is a genius, being one step ahead is a madman.
It doesn’t matter if you don’t understand me now. In a few months, when you start to feel that the market is simply terrible, you might as well calm down and think carefully about whether you can bear the risk of falling from medium-to-high yield to downgrade.”
After posting this, I have helped those who can be helped, and it is difficult to persuade the damned ghost with good words, so Fan Wumian really doesn't care about him anymore.
Anyway, whether other people make profit or loss has nothing to do with him. He only needs to help the clients of his asset management company and the investors of listed companies under his name manage their assets and find ways to reduce risks.
Soon after he posted on Weibo, many media wanted to interview him.
Xiao Ma called personally and said to Fan Wumian with a smiling tone:
"I followed you to buy Apple stocks a few days ago, and I made a total of more than 3000 million Hong Kong dollars. This is a big favor, and I have been thinking about how to thank you."
"I heard that Mr. Fan likes to collect antiques and artworks. I specially asked someone to buy a masterpiece by Qi Baishi, "Heroic Independence" from Yanjing. Don't be polite to me. Let's have a meal together when we are free, and I will bring it to you." "I just saw your latest Weibo post. Is there another big move? I don't have much cash here. I can get 100 million or 200 million Hong Kong dollars. Otherwise, please help me manage it, Mr. Fan. I admire your vision very much."
The more you interact with Fan Wumian, the more you understand how powerful he is.
It is not surprising to succeed once or twice, it might just be luck. However, Fan Wumian's business is getting bigger and bigger, but he has never failed in an investment, which is quite amazing.
With the surge in the share price of Penguin Group, Pony Ma's total wealth has reached 40 to 50 billion Hong Kong dollars. Taking out 100 million or 200 million for investment and financial management can only be regarded as "a small gamble for fun". Even if he loses, it will not hurt him seriously. Therefore, he speaks in a light tone, revealing the calmness unique to the rich.
Fan Wumian didn't bother to be polite with him and said with a smile:
"Mr. Qi Baishi's work? Mr. Ma, you really took the trouble. I was worried about the lack of artworks to decorate my new house in Yanjing. I made a large set of antique shelves in the study, and I need to buy a lot of things to fill it up."
The so-called Bogu shelf is inspired by the Chinese Collection in the British Museum. It is covered with bulletproof glass and the shelves are filled with a wide variety of porcelain from various dynasties. Even if you don't consider their value, it is very pleasing to the eye to look at them at home.
With the speed at which he makes money, it will probably not take a few years for him to no longer have to worry about money. When the time comes, he can buy more antiques and cultural relics, probably just like young people buying action figures, just for his own entertainment.
The prices of Qi Baishi's works are not that high nowadays. They are not as high as those of popular masters such as Zhang Daqian, Zao Wou-Ki and Wu Guanzhong. They are worth only a few million at most. Considering the wealth of Xiao Ma Ge and Fan Wumian, there is really no need for them to take them too seriously.
Fan Wumian added:
"Speaking of Qi Baishi's works, I have always found the Brick Pattern Like Birds Draft very interesting. Last year, I specifically asked someone about it and found out that it had been donated to the Yanjing Academy of Painting."
Just a casual remark.
Brother Xiao Ma was concerned and replied:
"Oh? If Mr. Fan likes it, I'll send someone to discuss it. Maybe I can help you replace that painting of...what was the bird?"
As the largest shareholder of Penguin Group, Fan Wumian holds two seats on the board of directors. As the chairman and CEO of the company, Xiao Ma Ge must have a good relationship with him, otherwise many tasks will be difficult to carry out. It is not an exaggeration to say that it is difficult to carry out.
After listening to Xiao Ma Ge's words, Fan Wumian said in a surprised tone:
"Will they allow an exchange? I can exchange it with Zhang Daqian's "Heavenly Girl Scattering Flowers". No need to bother Mr. Ma. I just think that silly bird painting looks very funny. It should be very interesting to put it in the museum."
Xiao Ma said politely:
"It's okay. I'll take care of the arrangements. Nothing has been decided yet. I can only send someone to ask first."
It is not clear who Xiao Ma asked for help.
The next day, just as Fan Wumian's prediction that a financial tsunami was approaching was beginning to ferment in the United States, he received good news from Pony Ma.
It is said that they have reached an agreement with the Yenching Academy of Painting and Mr. Qi's descendants to exchange the "Brick Pattern Like Bird Draft" for a donation of 500 million RMB. In name only, it is a gesture of mutual goodwill rather than a pure transaction.
Fan Wumian refused to let Xiao Ma Ge pay and insisted on paying for it himself. He made an excuse that he wanted to establish good relationships with the famous masters in the art academy so that he could collect more of their works in the future.
"Draft of Brick Patterns Like Birds" will become famous on the Internet in the future, but now it is still unknown and has no chance of being put on public exhibition. It has been kept in a warehouse.
With such a small manuscript that cannot be called a "fine product", they exchanged a full 500 million yuan of activity funds from Fan Wumian. No wonder the Yenching Academy of Painting felt that they had made a big profit.
I can't wait to prepare a public donation ceremony, and then give him the "Brick Pattern Like Bird" as a gift. (End of this chapter)