Chapter 522 Investment and Speculation
Fortune Chapter 522: Investment and Speculation
After Fan Wubing and Soros personally sent Li Jianxi away. Soros is sick. "Mr. Fan. Is this the main purpose of your meeting with me?"
Soros observed Li Jianxi’s situation. It felt like it was agreed upon with Fan Wubing. That's why I asked. In fact, Fan Wubing made it clear that he wanted to interfere in the Hong Kong market. He knew it couldn't be done.
In the past, they wanted to attack Hong Kong's financial market. It is because they have calculated that the foreign exchange reserves in the Hong Kong market cannot withstand the strife of financial giants like themselves. In particular, China has suffered from unprecedented floods in a century. The whole country is focusing on fighting against this major event. They believe that it will be difficult for the domestic government to help the Hong Kong SAR jointly fight against Soros and others.
But it backfired. I originally thought that Fan Wubing would be trapped in the political quagmire of Indonesia. I can't get out for the time being. Unexpectedly, it only took Fan Wubing half a month to quell the unrest in Indonesia. With early financial support. The situation in Indonesia has significantly eased. Not only is social life returning to normal. The economy began to recover, and even the military, which had always been difficult to control, was brought under control by the Habibie government. This not only surprised the United States. It also surprised surrounding countries. Let Soros and others see one thing clearly. It's just that Fan Wubing's power is too huge. There is nothing to be gained by being an enemy.
So when Fan Wubing talked to Li Jianxi about giving up dealing with the Korean market. Soros acquiesced in this. The two formed an offensive and defensive alliance. Then he made a plan to buy the Korean stock market at the bottom.
Make this choice. This means that it will be difficult for Soros to raise enough chips to operate the Hong Kong market in a short period of time. Under such circumstances, international hot money, which has no competitors, will choose to end sadly. And it is very likely that he will fail. The Hong Kong financial authorities took a hard bite after reacting. A revenge for the past.
In this case. Also a question. It’s Soros’ sudden withdrawal. It is likely to affect his influence in the industry. Let the airheads disappoint him. As a result, the huge appeal that was finally established was lost.
Soros agreed to cooperate with Fan Wubing after weighing the pros and cons. But I was still a little unconvinced, so I brought it up and asked Fan Wu what he had thought about it beforehand. After all, the decision to come to Korea was made by him, not Fan Wubing.
After Fan Wubing listened to Solo's words. He smiled and poured a cup of tea for the old Jewish man. Then he handed it to him to drink tea first. Then let's talk about it slowly. "
Soros took a sip of tea. Then he sat upright and said. "Now can you explain the reason to me, an old man?"
"Actually, my original intention of meeting Ross was to resolve the issue in Hong Kong. But after you proposed the idea of meeting in South Korea, I suddenly understood one thing. Mr. Soros, you had already planned to enter the Korean stock market. .
"Fan Wubing said to Soros very firmly.
Hearing Fan Wubing infer Soros like this, he was a little shocked. He does have considerations in this regard but has not yet formed an agreement. So Fan Wubing made an appointment with him. He smoothly stated his request to meet in Er, but he didn't expect Fan Wubing's sense to be so keen. I immediately grasped the key point. I understand what Soros wants to do.
Soros also understands one thing. Although he relied on short selling to build his reputation. But the opportunity to go short doesn't come around very often - after a huge market decline. There is bound to be a retaliatory rebound. This is common sense. Although he also actively acted as a bully. But the reputation is not apparent.
The reason for this. Since it’s time to make money. People don't pay much attention to who is driving the market up behind the scenes. And when losing money. But we must do everything possible to find out the culprits that caused the decline. His reputation as a short-seller made Soros rich and famous.
Speculators and investors are always natural enemies. Be the enemy of retail investors and investors. Soros is naturally expected to become an idol worshiped by people all over the world.
However. False fame and profit are also natural enemies. After Soros gained huge popularity. Just discovered a very troublesome thing. There are too many people following the trend. Wherever he appears. Immediately there will be a Soxhlet whirlwind. Let everyone feel that everyone is in danger. Everyone shouted that the air force was coming.
Thus. Those who make money have been severely affected. Everyone is on strict guard against you. How else to make money?
So Soros himself is also reflecting. For your own money-making plan. Not only do you want to go short. And also do more. That’s why he considered coming to South Korea to hunt for bargains. Fan Wubing proposed that the two of them meet. He immediately proposed this method. It can also be regarded as an external manifestation of the subconscious mind.
"Mr. Fan's insight is indeed human. I am very impressed." Soros did not hide his intentions at this time. He directly expressed his opinions to Fan Wubing. "Li Jianxi was here just now. There are some things we can't say. Now let's look at it. Staying in the Korean market for two years. Isn't it a bit of a waste of time?"
Fan Wubing nodded. Agree.
It’s really not appropriate to stay in Korea for two years. Let’s not talk about how big our own funds and capabilities are. Soros can't just sit still. And even more worrying. Will the Korean government's policies change as the situation develops?
Soros cannot trust Koreans. So after Li Jianxi left. After talking to Fan Wubing again. Soros brought it up. Koreans cannot be trusted. We still have our own road map. Otherwise, they will regret it when the time comes. Come on, turn your back and deny anyone. That's a big deal. Could it be that all our tens of billions of dollars are left in South Korea to buy kimchi?
Fan Wubing thought about it and said. "I can't trust the Koreans. So what I just said needs to be discounted. If you are willing to make money, then we can cooperate in depth and do a few big deals. Here in South Korea, half a year is enough at most. No investment is needed. As long as you have half of the money, it would be best to invest the remaining money in Japan.”
Soros smiled immediately after hearing this. "I have the same idea. The Japanese market is much bigger. Don't you Chinese say that there are fewer tortoises in shallow water and many tortoises in deep water?"
This time. The two of them started to study the problem seriously. Discuss how to cooperate.
After doing a lot of things. Soros asked
So protecting Hong Kong is really worthless. As for their loophole, the Bairong system can take it down with a little effort. When the time comes, won’t we, the big funds, have the final say on what we want and what we want? How profitable would that be? Why bother with all this mental planning? "
"You can't say that -" Fan Wubing shook his head and said, "You are the financial accountant." What I calculate is not just economic accounts. There are also political accounts. That's the difference between the two of us. After all, I need to continue to develop my industry in mainland China. We cannot break away from this fundamental. "
Think about it for a moment. Fan Wubing added that the difference between investment and speculation is here, so you can only run around the world. Everywhere you look like a rat crossing the street and I can play it safe. Access to many resources in government. This is similar to what Bart does with you. But their reputation is much better. Investment is king. And speculation. It's just a crooked way. "
Soros thought for a while. Then he replied. "What you said may have some truth. But as a veteran speculator, my life exists to find opportunities to make money. Discover the loopholes in a country's financial system in the shortest possible time. Then destroy it. Gain. Huge profits. That’s my mission. As for investing, I don’t have the patience to wait for the rewards.”
in the actual market. Perhaps the most difficult concepts to distinguish are investment and speculation. Nowadays, the boundaries between investment and speculation have become increasingly blurred. So much so that there is such ridicule. Investment is a successful speculation. And speculation is a failed investment.
People no longer seem to value the difference between investment and speculation. in many circumstances. The concepts of investment and speculation are often used interchangeably. And more often than not. Investing is no longer a serious concept. Instead, it has become a banner held high in the hands of speculators. This is used to lure followers. Give yourself a chip service.
For what is investment. Everyone stands at a different angle. There will definitely be different understandings.
Someone once gave a relatively popular explanation of investment and speculation. Let newcomers to the market know the difference between "investment" and "speculation." It is as difficult as trying to educate a young boy with a youthful face to know that "love" and "**" are different. Even though the little boy vaguely understood that the two were different. But he continued to do what he originally wanted to do.
In the market, the behavior of buying and holding for a long time is usually called investment. Short-term customers are called speculators. The difference between investors and speculators is. Investors are optimistic about stocks with potential. As a long-term investment. You can also sell while the price is high. You can also enjoy annual dividends. The dividends will not be high, but they will be stable and long-lasting.
And speculators are keen on the short term. Take advantage of the sudden rise and fall. Seeking huge profits through speculation. A few people become rich overnight. Many people go bankrupt. However. Driven by eagerness for quick success. Investors, on the one hand, look down on speculators. Think they are scalpers. On the one hand, they cannot resist short-term temptation. Unconsciously and gradually immersed in a speculative atmosphere.
In fact, it doesn’t matter whether the cat is black or black. It's like a cat when it catches mice. Investment and speculation are symbiotic in biology. Also consistent with physics. under the same pressure. The larger the unit area. The pressure is smaller. That is to say. The moderate participation of speculators in the market has stepped out of the shadow of no trade. Avoid stagnant water. This allows the market system to better play its regulatory role.
Investment celebrity Buffett and speculator Soros each have a number of followers at home and abroad. Both men created successful records. It has its own merits. However, the investment styles of the two are very different. But they have one important thing in common. It’s a lot of research information. They are all diligent investors.
After careful analysis beforehand. Take action only after calculating the pros and cons. Be positive but not pushy. Once you make a move, you won't be sure of it. This incidates that. If you want to make a difference in the city. You must have a relatively deep understanding of investment and speculation. so. Only then can we grasp the most basic direction of progress.
So what exactly counts as investing? Graham, known as the "Father of Securities," defined investment. Maybe it will be helpful to everyone. he thinks. Investments are made based on detailed analysis. An operation that guarantees the safety of principal and satisfactory returns. Operations that do not meet this standard are speculation.
Security is not absolute. It means protection against loss under ordinary and probable circumstances. Investors’ understanding of a certain product. It should be important. It also costs a lot. The two must be organically combined. Don't favor any one side. The reason why investors are often cheated. An important reason is that the weight is too biased to one side. Even giving up one side.
When investors are operating a certain product, and there is a perceptible loss that must be considered, the operation is speculation.
When the speculator finds that the analysis and judgment are different from the original one, he should make a decisive decision and resolutely stop the loss to ensure the relative safety of funds and look for new opportunities.
Based on Fan Wubing's many years of experience, there will never be a lack of opportunities in the market, but there will be a lack of people who can seize opportunities. Therefore, as long as you can keep calm and be rational, you will be able to make steady progress and get rich returns.
After all, one thing is very clear. There is no market that will not rise or fall. There is also no market that will only fall and not rise.
Fan Wubing and Soros sat together and talked for a whole day. The two had a full exchange of investment concepts and speculation techniques. They also made in-depth analysis and judgment on the international market. Both of them gained a lot. This cooperation has established a good foundation.
Soros suddenly found that he was a little hungry, so he asked Fan Wubing. "Just now, Lee Kun-hee left us some food as a gift. I don't know what it is. I haven't eaten much Korean snacks."
Fan Wubing flipped through the paper boxes and took a look. Then he said. "Uh. They are all kimchi jars."
Soros opened a kimchi jar. He sniffed it with his nose. Then he frowned and said to Fan Wubing. "Could it be that the Korean economy has really collapsed to such a degree? Even people like Lee Kun-hee need to use these ** vegetable leaves to make up for the gifts?"
Fan Wubing laughed when he heard this. He thought that this old Jewish man was quite interesting.
The first update of the day is here. Keep begging for monthly tickets. Double chance in the last few hours