Chapter 614: It is difficult for people to earn money beyond their knowledge

Chapter 614: It is difficult for people to earn money beyond their knowledge

After publishing the latest few Weibo posts, I received some feedback on the same day.

Many institutions and well-known wealthy businessmen called to inquire about the situation. Some even expressed the desire to have a detailed chat with Fan Wumian in person. Among them were Li Jiaxin's father-in-law, the lucky Liu Liu, and Uncle Li who made a fortune from Chinese stocks listed in the US, as well as Zuo Ziyan's father. They all seemed very enthusiastic.

It may be because Hong Kong had just been targeted by international hot money led by Soros a few years ago, and everyone still has a very deep impression of it. So as soon as Fan Wumian made his public statement, several wealthy people in Hong Kong could no longer sit still.

Even Mai Dashao's father, who regarded Fan Wumian as his "lifelong enemy", ignored his son's feelings this time and took the initiative to contact the Gangcheng Bandit King Fund to find out the details.

On the contrary, the official agency that Fan Wumian valued the most was silent for a while, and no movement was heard. It was obvious that he was just flirting with a blind man.

Think about it.

The wealthy businessmen in Hong Kong are fighting for their own interests, so of course they will be more keen to seize speculative opportunities.

The situation is similar to that of Xiao Ma Ge. They are all rich and just seize the opportunity to gamble for fun.

On the other hand, some institutions are too large and bloated, and their response speed is particularly slow. They usually do monopoly business, which is not only safe but also makes money quickly. With the idea of ​​not seeking credit but avoiding mistakes, they certainly will not take the initiative to ask Fan Wumian to help manage their assets.

Not to mention that the situation is not clear enough now. Even if the chances of winning are particularly high and the situation is almost open, some people with stable jobs will not easily choose to take action. It is difficult to describe their subjective initiative.

Fan Wumian had considered the situation of "being too busy" beforehand, and he didn't take it seriously.

The reason I thought of taking some time out to move around in the last few days was just to try my luck.

The beauty of this is that as long as he is more proactive unilaterally and contacts those heavyweight institutions more often, even if they cannot cooperate this time, when reviewing the situation afterwards, others will think that it is because they have no vision and courage and missed the opportunity to make money in vain, and they will praise Yu Fan Wumian's vision and ability.

This way.

When we deal with them again in the future and get involved in some more stable asset management projects, it will be easier to get large investments from these official institutions.

Fan Wumian has become very good at calculating things. He spends all day thinking about how to do business and make money. Being exposed to more business environments in his daily life will naturally change many of his original ways of thinking.

In the following few days, Fan Wumian was busy running around for this matter.

He cleared customs and returned to Hong Kong again. While having a secret meeting with Zuo Ziyan, he raised 14 billion Hong Kong dollars in just two days. 3 million of them were given by Zuo Ziyan's parents, and Uncle Li also paid 2 million.

On the contrary, Liu, who had a mediocre reputation, was very decisive in making decisions. During a meal, he wrote a check for a total amount of 5 million Hong Kong dollars to Fan Wumian. In addition, the eldest son of the Zheng family, one of the four wealthy families, and others also gave him tens of millions of Hong Kong dollars each.

Some funds were also raised in the mainland.

China Merchants Bank Securities, in which Fan Wumian holds a large stake, a subsidiary of Bank of China, and Sanyao Heavy Industry, which had very impressive financial reports last year, have taken out a total of 3.1 million yuan and entrusted them to Fan Wumian for management.

In addition, there is the China Merchants Bank Finance Bureau, one of the "Four Major Financial Groups", which invested 2000 million US dollars in Fan Wumian in the name of a Hong Kong company through the matchmaking of a senior executive of China Merchants Bank Securities.

The situation was pretty good and the situation was initially opened up. Unfortunately, the negotiation process was not as smooth as expected. This shows that the lack of historical performance as support made many potential investors lack confidence in Fan Wumian.

On the other hand, Wall Street, influenced by risk aversion or having learned some gossip in advance, after the news that Fan Wumian publicly criticized the US subprime mortgage and housing market became a big deal, more than 2 billion US dollars of hot money appeared and poured into Paulson Hedge Fund and WM-Rogers Hedge Fund in recent days. The rich and big companies have no shortage of investment channels, so they are more cautious when making decisions.

Small retail investors are easily affected by the herd effect. In the past two years, they have seen a lot of news about Fan Wumian's good fortune and his ability to make money. They trust Fan Wumian's ability and vision more and have transferred their money to the Hong Kong City Bandit King Fund, with a total size of more than 10 billion Hong Kong dollars.

As for the mainland Bandit King Fund, it is still busy with preparations and it is estimated that it will take until next month before it can officially open various channels for external fundraising.
On the morning of January 1th.

After several rounds of communication with representatives of McKinsey Consulting, Fan Wumian set the upper limit of RMB 48 billion for the 18% stake in Boshi Fund that was about to be put up for auction.

McKinsey Consulting's valuation is actually only between RMB 13 billion and RMB 14 billion.

However, Fan Wumian knew that once the stock market entered a crazy phase, it would be impossible for him to cool it down by publicly criticizing it and pouring cold water on it.

In 2007, mainland fund companies were sure to make huge profits, so they chose to raise their psychological price, not wanting to miss the opportunity to acquire 48% of Boshi Fund shares because of searching.

In the mansion at 89 Repulse Bay Road.

At this time, Fan Wumian was lying on the sofa, complaining:

"After working so hard for so long, I only got a few hundred million dollars back. I pledged my Penguin shares a second time and borrowed 30 billion Hong Kong dollars."

"These people are not united at all, and they lack the wolfishness and acumen of Wall Street. No wonder they are bullied by the Americans all the time. Look at the big investors in the Middle East. In order to hedge their risks, they invested a full $5 million in the WM-Rogers hedge fund. It's almost like they are just playing with the money."

"Foreigners who don't know much about me actually trust me more than many local people. Is it true that distance makes beauty? The same is true for the Internet venture capital industry. Everyone just wants to be stable and likes to do traditional business that can be seen. Countless good resources have been snatched away by foreigners. They really deserve not to make a fortune."

Zuo Ziyan was sitting cross-legged next to him, holding a comic book titled "Oolongyuan Long Story" in her hand, reading it with great interest, saying:
"It's hard for people to make money beyond their knowledge. Look at Buffett and Soros. They didn't gain a transcendent status right after they entered the industry. Amian, your asset management business has just started. People don't trust you yet. It's reasonable. It's not easy to get the recognition of Uncle Li and Liu."

"As long as your vision is right this time and you can really help investors make money, your future is limitless. You can raise hundreds of billions of Hong Kong dollars at least. Even if you only manage 1% of the total assets in a year, you can still make hundreds of millions of Hong Kong dollars every year."

"My parents have a very good impression of you. Before I could persuade them this time, my dad was already yelling at home that he wanted to be willful for once and gamble with you. By the way, the comics in the series of "Ulongyuan" are very interesting. Do you want to buy the film and television adaptation rights and try to make it into a TV series?"

Fan Wumian still had some impression of the thousand-year-old ginseng "lively treasure", the Stone City, the Qin King's Tomb and so on in the long novel, and continued the topic:

"It's worth considering, but the characters in the comics are too exaggerated, so it's a little troublesome to change them. The story is very good, and it's suitable for adaptation into a movie series."

"I also know that I still lack market appeal for the time being. I can't attract countless international hot money to help me charge forward like Soros did. I just think that opportunities are rare and it would be a pity to miss them."

"The funds of mainland retail investors cannot be taken out because they think that investing in me is too risky. Many institutions are unwilling to take risks. They think they have to wait for me to achieve some results before they can expand the scale. Fortunately, even if the subprime mortgage crisis occurs, it is not a passing fad. After they miss the first wave of dividends, they may come back to find me."

Zuo Ziyan joked:

"Sometimes I admire your confidence and your intuition. If you hadn't reminded me to pay attention to the subprime mortgage market, I would never have paid attention to this field. And you started planning as early as last year. Did you pay attention to it yourself? It's a good thing that the initial scale is small, so that the US government won't intervene and your expectations will not be met."

(End of this chapter)