Chapter 162 The Ambiguous Correctness

In major stock forums, there was widespread grief and discussion, and posts floated by like clouds.

In the Huaxieli community, Lin Menghan was wearing a floral pajamas, lying on the sofa with a slightly bulging belly.

She held her phone, quietly looked at the market for a while, and then closed the app. She had heard that playing with the phone too much could be bad for the fetus.

In the past few months, although the market has been falling, Kweichow Moutai has remained standing thanks to its explosive first-quarter report. Its stock price is still around 700 yuan, which is very strong.

A few days ago, it even hit a historical high of 803 yuan!

Among thousands of stocks, this one stands out.

Today, although the market fell sharply, Kweichow Moutai only fell 4.57%, and the trading volume did not increase significantly. I believe that in a few days, the stock price will rise again.

Sure enough, the strong will always be strong.

Performance is the fundamental factor that determines stock price.

She breathed a sigh of relief and went to the kitchen to wash an apple. While peeling it, she pondered: "In a few days, it will be time for another prenatal checkup. Should I ask Li Feng to accompany me, or should I ask Zhao Xinyue to accompany me as usual?"

She thought about it, picked up her cell phone, and sent a message to Zhao Xinyue.

In the trading room, Li Feng was lying leisurely on a chair. Zhao Xinyue fed him a cherry and saw his calm demeanor. She couldn't help but say:

"The market has broken 3,000 points, and you're not excited? Haven't you seen the forums? They're going crazy..."

"Look, I'm relaxed now, but you never told me that I was tired in the past few months? Now that I've cleared out my inventory, I naturally need to make up for it." As he spoke, Li Feng picked up another cherry and ate it.

"You really don't watch the market? Aren't you afraid of missing the opportunity to buy?" Zhao Xinyue asked, pointing to the financial forum page she opened.

"What's so interesting about the market?" Li Feng said with a smile, "It's just a result. Just take a quick look at the market's position and you'll have a rough idea."

"Now, the primary concern is the reasons for the market's trend, namely Guo Jia's fiscal and monetary policies, as well as the United States' fiscal and monetary policies."

"Rome wasn't built in a day. Neither my country nor the United States' monetary and fiscal policies changed overnight; they all took time."

"This process, in the words of the Federal Reserve, is called expectation management. In the words of our Guo Jia, it is policy fine-tuning."

"We kept one eye on the expected 10-year bond yields of the two countries and the other on the news released by the relevant departments of the two countries, and naturally we knew everything."

Li Feng explained in detail.

Zhao Xinyue hesitated for a moment, then said:

"You're not an economist, so judging these policies is a bit too difficult, isn't it? If everyone were to trade stocks like you, it would be so tiring... I can't quite do it... I guess not many people can do it..."

"I know that," Li Feng took a sip of water and continued, "We don't need everyone to be an economist. We just need to be vaguely correct..."

"Big trends like these change little by little, just like the great voyages of discovery. Relevant departments will announce them over and over again, passing them down layer by layer, gradually adjusting the posture of this great economic vessel..."

"It's hard to turn a big ship around. This adjustment period is very long, ranging from a few months to several years. It's all obvious, and you can see it clearly with just a little attention. So I say, when investing, you must play with the truth and take the right path..."

"Our boat is small, so it's easy to turn around. We just need to make the right judgment when the trend changes, especially in Guo Jia, where there are a large number of retail investors as our counterparts. We don't seek to be the fastest, we just want to outrun other retail investors."

"So? So, we're just going to rest like this for the next few months?"

"Take a break, occasionally check the market, the major industries and sectors, and individual stocks. Look, Ping An of China is now less than 12 times the PE, which is not particularly undervalued. Kweichow Moutai has not yet fallen below 20 times the PE, and China Merchants Bank has not yet fallen below 8 times the PE..."

Li Feng commented one by one.

"It's fallen so far, and you're still thinking about it falling further? Aren't you too greedy?" Zhao Xinyue rolled her eyes at him and said, "Why don't you say something nice? Menghan is still fully invested in Kweichow Moutai. Can't you say it's undervalued?"

"Buying stocks is like buying vegetables. The cheaper the better. Now that the money is in my hands, I can be picky and make my own comments. I won't even look at the ones of poor quality. I'll just toss the ones that are crooked and out of shape. I'll only keep a few that I like, then I'll pick them out and bargain. If the price is still too high, I'll wait a few days or months, so what?"

After a pause, Li Feng continued,

"As for Kweichow Moutai, I'm just telling the truth. Don't deceive yourself when investing. In the end, you'll be the one who suffers the loss... Wait a minute, I'll call Menghan and talk..."

"I'll go tell her. She just asked me to go with her for her prenatal checkup," Zhao Xinyue said, picking up her bag. "I'm leaving now. Call me if you need anything."

"How about I go?" Li Feng argued.

"Don't go. It's not convenient for you to go. I'll go." Zhao Xinyue said and walked out.

Li Feng had just sat down when his WeChat started vibrating. He picked it up and saw a message from Liu Jihua of the Vulture Fund:

"Brother Li, are you free? Can you help me write an article? I heard that you often wrote stock reviews before."

This must have been leaked by Lu Hui or Guo Yunpeng.

Li Feng thought for a moment and asked, "What's the content of the manuscript?"

"It's very simple," Liu Jihua continued. "Just write that although the Shanghai Composite Index has fallen below 3,000 points, Kweichow Moutai and Ping An Insurance of China have greater investment value..."

"The fund has been flooded with redemptions, and we're a bit overwhelmed. We don't have many people in the fund to begin with, and we're all busy maintaining clients. No one is writing, so I'd like to trouble you."

"This... Jihua, aren't you guys trying to fool me? You and I both know that the trade war will obviously lead to capital outflow and pressure on the stock market, yet you still write this... I can't write it. Before, I only analyzed the market, not individual stocks... I really can't help you with this..." Li Feng refused.

"This... Alas, I didn't know this before... Brother Li, I have no choice. It's not that I have a character problem, it's just that the pressure of redemption is too great..." Liu Jihua explained helplessly.

Suddenly, an idea flashed in his mind, and he said, "Brother Li, you are in the stock commentary circle, so why not introduce someone to me? The remuneration and other matters can be negotiated."

Liu Jihua's words stumped Li Feng. Although he published stock comments in the Metropolitan Daily of City B, this was just a media outlet in a small third-tier city and was not considered high-end, so naturally he did not make any stock commentary friends.

After thinking about it, Li Feng sat down in front of the computer, refreshed the Snowball website, and an article was pushed to his eyes.

"On the Huge Investment Value of Ping An of China."

The article was written by a big V named "Hongqu". It is full of dense text, one term after another, and one icon after another.

It is at least 20,000 words long, full of literary talent and passion.

It's really hard for him.

"Jihua, how about this? Go to Xueqiu.com and find this person's article and imitate it. That way you can still earn some money." Li Feng logged into the web version of WeChat and forwarded the post to Liu Jihua, saying,

"Investors who buy mutual funds lack financial knowledge even more than stock investors. If you just write a little, you should be able to improve your financial situation."

When Liu Jihua opened this post, his eyes lit up. It was really well written.

The gentle words and lofty ambitions are accompanied by rationality and professionalism, which is really convincing!

This is really an excellent inspirational article, which is perfect for comforting investors who want to redeem their funds.

"Thank you, Brother Li. If you come to S City someday, I'll treat you to a meal!"

Liu Jihua put down his phone, called a clerk, and started "writing" the article.

Li Feng put down his phone, opened the Vulture Fund's fund yield, and smiled bitterly with helplessness.

You say that stock investors are suffering, but in fact, fund investors are suffering even more.

Even if investors lose money when buying stocks, they can still gain some experience and lessons, and there is still a possibility of getting out of the situation.

But when investors buy funds, they are really using their own money. Not only do they let others trade stocks and gain experience, but they also have to bear the various subscription and redemption fees, as well as the risks of stock market fluctuations.

Not to mention, there are potential moral risks.

However, in this society, existence is justified. Without these investors, how can so many fund companies survive? How can the market be invigorated?

————

Move your lucky hands and send a wow for free for love.

Your support is my motivation to update