Turning thirty is an awkward age. Some people shine brightly and achieve glory at this age, while others find their lives a messy struggle.
Undoubtedly, Chen Pingsheng belonged to the latter....
“Oh yeah.”
Erpi Ya was so excited that she danced with joy. In just one day, a stock she held soared by 40%.
Including other profits, I made a small profit of more than 100 million in just one day. It’s really great.
It's a bit difficult to make a profit by taking a dollar.
It is a very simple thing to make 100 million by taking 100 million.
Of course, it would be easier to lose all the 100 million.
This is exactly the same as betting on big or small at the gambling table. If you only have one piece, you can't even get on the table.
When hundreds of millions are placed on the table, it often depends on the cards in the dealer's hand.
Erpi Ya naturally does not have the qualifications to be the banker, but her sister does, but she just can't get it all.
When the stock market is doing well, the two sisters dance with joy, but when the stock market is doing badly, they get excited like ordinary people.
It's all a process.
If you want to make money in the stock market, the most important thing is to know how to restrain yourself, that is, to control your impulsive desires.
Whenever you enter a trough, it will be a trough that lasts for a long time.
After a period of time, it will increase more or less.
Throw away what you have earned.
Then wait for the opportunity during the trough period. If you do this repeatedly, you will probably make some money.
The main reason why it is difficult to make money is the same as gambling. You can't control your hands, and it is easy to get addicted when you lose.
Ordinary people bet tens of thousands or hundreds of thousands, and at most millions.
The two sisters used billions of dollars.
Learning to control desires is particularly important for the two sisters, as their future casino will not be at that small gambling table.
But it is about the country's future, including a series of global industrial policies.
Even on a larger scale, they can set up their own schemes to reap profits from all over the world.
This is just the first step.
A month into the summer vacation, Chen Anan was happy to buy at the bottom. He invested 3.8 billion and now only had 3.2 billion left.
Floating loss 15%
Erpi Ya's 500 million has fluctuated and now only has more than 400 million left, also with a floating loss of 12%.
The stock market is risky, and no one is exempt.
As for Chen Pingsheng himself, he would not waste time on small or short stocks.
It was just that Tong Zelan asked him to set up a game and jointly short-sell a new energy technology company on Wall Street with a market value of 50 billion US dollars.
This company, like Tesla, is engaged in new energy vehicles, but it is far behind Tesla in terms of sales volume and global influence.
The most crucial thing is that it has been established for nine years and has suffered huge losses so far.
Such a company has a market value of 50 billion US dollars, and there is a high probability that it can be crushed underfoot.
The domestic market is restricted by rules and can only go long, not short.
The concept of short selling is also very simple.
That is to borrow stocks from an institution within the deadline.
If it is agreed that the repayment period will be six months, for example, when they borrow now, the price is one hundred yuan per share.
When it is returned, it will be ten yuan per share, which will make a lot of money.
Once you borrow one hundred dollars per share, you will pay back one thousand dollars per share.
With a tenfold gap, the short-selling giants will lose everything.
To put it bluntly, short selling means limited profits and unlimited risks.
No matter how much the price drops from 100 yuan per share, it will only reach zero, and the maximum profit it can bear is probably 100 yuan per share.
But once you suffer a loss, it’s completely different. A hundred may even increase to ten thousand.
The amount of losses that need to be borne has increased almost a hundredfold.
A similar thing happened in the U.S. stock market before. Retail investors all united and organized and planned to fight against the short-selling funds of Wall Street giants.
As a result, these short-selling funds lost more than 20 billion US dollars in one day.
If these short-selling giants had not resorted to some shady tactics in the end, many Wall Street short-selling capitals would have declared bankruptcy and been wiped out at that time.
Chen Pingsheng doesn't like this way of making money, but Tong Zelan often goes gambling.
Of course, she would investigate the company thoroughly before placing the bet.
Then join forces with some Chinese capital to launch a joint attack.
This investigation took her three months. After obtaining detailed information about the company, she found Chen Pingsheng and hoped to work with him.
Due to the long-term cooperative relationship, Chen Pingsheng shares 30% of the success or failure.
Before short selling, you do not need to invest money, you just need to borrow stocks from an institution.
Tong Zelan obviously intended to do something big this time, and borrowed a total equity capital of 12 billion US dollars.
The agreed period is six months.
Wall Street is not big, and the news that some Chinese people were shorting a new energy giant quickly spread.
On the first day, Tong Zelan teamed up with major news organizations to release a series of unfavorable analyses about the new energy company.
The purpose is naturally to further suppress the stock price.
In addition, she also sold 10 billion US dollars worth of shares at one time to crash the market.
If you sell more and buy less, the stock price will fall.
Whenever a listed company encounters a short-selling institution, its stock price will plummet in the early stages.
Whether they can hold on later depends entirely on their own strength.
Alibaba once encountered Soros's short-selling attack in the U.S. stock market.
Hundreds of billions of dollars flow in and out every day. You have to fight the short sellers and defend the Ah Lis.
This is probably the fun of the stock market.
Chen Pingsheng also looked at the details of the company to ensure that it did not have much potential. It was impossible for it to maintain a market value of 50 billion US dollars by relying solely on the financing it had been receiving.
Tesla now dominates the new energy market, with countless companies eyeing it.
It is highly likely that this company will not be able to maintain its stock price. The most critical factor is that it does not have much internal cash flow.
Tong Zelan also noticed this point, so she decided to join forces with everyone to attack.
If this happened to Apple, everyone would know that its stock price was inflated.
Who dares to short sell?
Apple's annual net profit of $90 billion is no joke, not to mention that it has over $200 billion in cash reserves.
If you want to short Apple, you must first be able to come up with hundreds of billions of dollars in cash reserves.
Otherwise, it will rely on the money in its own pocket and buy as much as the market sells.
Who has the ability to short it?
Even someone as strong as Chen Pingsheng would not dare to target a company with such abundant cash flow.
Same thing.
For domestic companies that rely on losses for financing, once they encounter a short-selling giant, they will definitely suffer an unprecedented blow.
Tong Zelan might make tens of billions of dollars this time, but of course, she might also lose tens of billions of dollars.
This is also the main reason why she needs everyone to share the risk.
There are many ways to play in the stock market, and some people who think they are smart actually come to Chen Pingsheng to cheat.
Hopefully he'll pick up some penny stocks.
This is completely malicious. He failed in his investment and tricked him into taking over.
It must be said that those who have reached their status are very difficult to deceive.
He ignored these people again.
Instead, he took the time to teach his two sisters how to play the stock market.
The days passed slowly, and in the blink of an eye it was mid-August.
The news that Tong Zelan joined forces with a large number of Chinese investors to short a new energy giant is still making headlines.
The market was as she expected. In just half a month, the company's market value dropped from a peak of 50 billion US dollars to 38 billion US dollars.
The drop exceeded 25%.
If the decline continues at this rate, they will be able to earn at least 5 billion US dollars by the end of the six-month period.
After all, many of the shares they borrowed were sold at high prices.
When the time comes to repay, you only need to return the low-priced stocks.
Erpiya wants to learn how to short sell, but he has no qualifications at all.
Without huge capital guarantees, no institution would lend her stocks.
She just followed her sister's example and learned to buy more.
During this period, something unpleasant happened.
The main issue was that a Chinese girl violently beat up another Chinese girl, and it was even a long-term bullying incident.
As soon as the news came out, the bullying woman said arrogantly, "Hurry up and try him, I have to go back to celebrate my birthday."
In her eyes, bullying international students who are also Chinese is no big deal.
In the end, her parents did not bail her out, and she had to serve a prison sentence of ten to fifteen years.
The girl was so scared that she burst into tears on the spot, a heart-wrenching cry.
Maybe he didn't expect things to be so serious.
It’s a very interesting phenomenon that some people are used to being arrogant in China and they are the same abroad.
They don’t dare to bully white people, but they dare to beat up people from their own country.
As a result, he was taught to be a new person.
This incident caused quite a stir among international students. When students were caught, they couldn't just be taken back and reprimanded by their parents.
But you really have to go in.
Late August.
Chen Pingsheng took Big Brat and Second Brat back to Shanghai on a private plane.
I have gained a lot in the past two months, but it’s not that great. Overall it’s okay.
The rich second generation has more experience than ordinary people can ever compare to, mainly because their parents can take them around the world frequently.
Rather than being limited to a specific place, the difference can be said to be very huge.
After the two sisters returned home, Chen Anan plunged into her own Anle Group.
And Erpi Ya went to her own big company.
The two sisters traded stocks for two months. The elder one lost 1.2 billion yuan, and the younger one lost more than 400 million yuan.
This is also their biggest loss so far, and it would be a lie to say that they are not sad.
This is the same as having an annual salary of 100,000 yuan and losing 80,000 or 90,000 yuan playing cards during the Chinese New Year.
I didn't feel anything when I was being beaten, but when I got home and counted the money I was heartbroken.
The two sisters are in this mood now, but he himself has a high probability of earning three to four billion US dollars together with Tong Zelan.
It's a small reward.
After Chen Anan returned to his own Anle Group, he also carefully read many professional books on the domestic stock market.
They all taught her how to make money by trading stocks.
"An An, do you still want to win back the money you lost through the stock market?" Shen Youwei asked her seriously.
Chen Anan shook her head. "I don't have that idea. Dad said that if you lose money, it's lost. If you keep thinking about winning it back, you will only lose more."
"Then why are you still reading these domestic stock trading books? Besides, when it comes to stock trading alone, no one in China is better than your father."
"My dad is great, not me."
Chen Anan said, "I've learned a lot this time overseas. Putting aside short-term stocks, I want to invest in some long-term stocks to see if I can make money!"
"You should ask your father about investing in long-term stocks. Most of the employees in the group who trade stocks follow your father. Even drivers can make tens or even hundreds of millions a year."
"I can't rely on my father for everything, especially at this stage of my studies."
Chen Anan has her own ideas. She plans to hone her skills as much as possible on her own during the study period. She will only study with her father after she graduates from university and goes to work in the group.
Shen Youwei also understood her. The eldest lady had been brought up by the big boss since she was five years old, and she could be said to be very outstanding now.
Maybe if you wait a few more years you will be able to become a real talent.
Erpi Ya is different from her. Erpi Ya has a strong desire to win and will get up again wherever she fails.
As we climbed, the pit became bigger and bigger.
The biggest misunderstanding of the rich second generation, I want to work hard.
The price of hard work was that he had only suffered a small loss of 400 million. Later, he asked his sister for 100 million, and then ran to his father crying and asking for another 200 million.
Then he went to his mother and hugged her legs tightly, and got another 150 million.
For her, any amount below 100 million is not even pocket money.
Not to mention investing.
The harder you work, the bigger the hole.
In the end, she was so angry that she just lay down and obediently became one of her three spendthrift CEOs.
As a result, I started making money after I lay down.
Erpiya summed up his experience: Don’t try too hard in life…
Especially the second generation of rich people, don’t work too hard.
Chen Pingsheng didn't pay much attention to them. After returning from overseas this time, the two sisters would start school in a few days.
He also attended a CEO class gathering in Shanghai. The real estate developers that were once prosperous all went bankrupt. With the changing times, no one knew who would be the next to be eliminated.
There is no doubt that the domestic land rent economy has come to an end.
Along with consumption, a series of real estate-related industries have all been hit hard.
Under such circumstances, many big capitals unconsciously want to run away, and the more they run, the bigger the pit becomes.
His own money actually flows inward, especially the money earned on Wall Street, which is basically invested domestically.
Nothing special happened at this party, except that some people were suffering terribly and were on the verge of bankruptcy if they couldn't get any more funds.
Whether in the mainland or Hong Kong, housing prices are going down. According to Chen Pingsheng's estimate, it will take until at least 2028 for housing prices to finally stabilize.
That is to say, squeeze out the bubble in real estate.
There are still five years until 2028, which means that in these five years, life will only become increasingly difficult for most people.
After housing prices stabilize, he will still take out some funds to purchase some commercial real estate again.
As for now, no matter what others say, he will never come up with the money to be the hero in white.
In 2019 and 2020, many heroes in white clothes emerged who wanted to take advantage of the opportunity, but now they are deeply locked up.
We can still breathe because we can't bear to see so many real estate tycoons go bankrupt at the same time.
The difficulties in the real estate industry are beyond imagination, and no one knows what the future will be like.
By September, he was ready to cash out some of his stocks.
It is mainly used to donate money and support the AI industry.
(End of this chapter)