Chapter 685 Chapter 674 Summer Vacation is Coming
At the end of May, a rainstorm came suddenly and violently.
There were lightning and thunder in broad daylight and the sky was gloomy.
When the big-breasted girl Chen Anan went to school, Chen Pingsheng drove his family's Maybach to take her to school.
There were quite a few cars on the road, and the road was pouring with rain. Occasionally, when passing by passers-by, the car had to slow down.
Otherwise, it would be easy to splash water on others. Chen Anan, who was sitting in the passenger seat, asked him: "Dad, are we going abroad for summer vacation?"
"That's about right. I'll go abroad for two months this summer vacation."
"Will you stay that long?"
"Why? Are you worried that your English isn't good enough and communication won't be easy?"
"Not really, I just don't like going abroad."
"Just treat it as a trip for fun, and take a look at our Wall Street Capital."
Arriving at the school gate, Chen Anan walked to school holding a large black umbrella.
The hems of my trousers were rolled up a little, which showed that the rain was quite heavy.
When she arrived at school, the boy from the next class actually confessed his love to her.
Chen Anan punched her without saying a word. She wanted to be a gigolo, but she ended up getting the upper hand.
She knew this boy, and he was also an athlete who was very good at playing basketball.
During high school, athletes can be said to be the most popular.
The reason why he came after her was simply because he saw Erpi Ya driving a bunch of luxury cars and calling her sister.
Wherever Erpi Ya goes, she is always followed by several luxury cars. I came here to find her because I wanted to invite her to go out and play together.
It just happened to be seen by this boy.
It must be said that if a woman is strong, ordinary boys will also like her.
After Chen Anan knocked him to the ground with a punch, he left in a graceful and neat manner.
When she returned to the dormitory, two classmates were still shocked and said, "An An, you are so powerful! With that punch, you are destined to never find a boyfriend in high school."
"Who wants to find a boyfriend? That's ridiculous."
Chen Anan really didn't have this idea. She was still young, so what was the point of looking for it?
They are just a bunch of little kids.
As time went by, Chen Anan's tough personality was established.
Wait until June when the school announced the summer vacation.
Erpi Ya originally wanted to do something big, hold a concert for tens of thousands of people, and avenge his previous humiliation.
As a result, she was grabbed by the neck and taken to a private plane by her mother.
They went abroad when they were young, just for fun.
It’s different now, the main thing is to see the different cultures of each country.
and capital operations.
The most important thing is to understand the capital model of developed countries from the root.
There is a saying overseas that if ordinary people cannot get high salaries, any company will find it difficult to survive.
Because there is no consumer group.
Similarly, if ordinary people are given high salaries, they will have money to spend, which will also stimulate better development of major companies.
Although this theory cannot be generalized, it is generally correct.
This cannot be achieved domestically, mainly because the population base is too large, and the most important point is that the development time is too short.
Although the industrial chain is complete, it is basically at the middle and low end.
The profits of the mid- and low-end industrial chains are very thin. Once the labor advantage is gone, it will be difficult to get orders for overseas OEM production.
This is a double dilemma.
Another very critical reason is the 30-year mortgage.
There is no need for explanation for what you understand, and there is no point in explaining what you don’t understand.
If a family takes out a mortgage, they will most likely have to live frugally for decades to come.
This is using future money to stimulate consumption today.
In the past, this model has greatly accelerated the pace of domestic infrastructure construction and industrial development.
But at the same time, once the real estate market collapses, the drawbacks of this model will become apparent one by one.
As heirs to wealthy families, whether it is Chen Anan or Erpi Ya, including the mistress Chen Lu in the family, they all need to develop a global perspective.
This is very critical.
Let’s put it this way, any news you see on major headlines or news media in China is intentionally intended for you to see.
What cannot be seen cannot be called the truth, but it can truly cultivate a person's global perspective.
For example, the intelligent driving that is very popular in China is also called autonomous driving technology.
Among this technology, the most advanced in the world is undoubtedly Tesla's FSD.
In the AI sector, Google AlphaGo competed against the Go champion and defeated the world Go champion 4:1 in 2016.
After retiring for several years, the new generation of artificial intelligence won with a score of 15:0.
There is also the GPU chip technology produced and developed by NVIDIA. People all over the world think that NVIDIA has monopolized the GPU market with its technology.
But no one can still do anything about it, and the leading technology is seriously interrupted.
This is also the main reason why Chen Pingsheng invested heavily in Nvidia.
It is meaningless to rely on bragging. Only by correctly recognizing these excellent companies can we truly surpass them one day.
Whether it is Apple, Tesla, Google, or Nvidia, the companies that have achieved a market value of trillions of dollars all have their own core advantages in technology.
There are only a few companies in China that can achieve this sector.
One is DJI drone, and the other is Huawei.
There is no denying that although it can be done, there is still a gap in technology.
Chen Pingsheng also wants to take Chen Anan and Erpi Ya to truly understand these things. His capital fund on Wall Street is also very famous.
It can be said that it is the most famous investment fund in the country, and this does not need anyone to prove it.
This can be seen from the fact that he has correctly invested in Tesla, Google, Microsoft, and Nvidia over the years.
Chen Pingsheng's reputation on Wall Street is even more exaggerated than his reputation in Shanghai.
It is no exaggeration to describe him as the god of investment in the technology industry.
In this place, capital has the final say in everything.
Of course, the premise is to respect local laws, which is the same everywhere.
He used to work on Wall Street, renting only a few floors of office space.
As the business grew bigger and bigger, they simply bought a 68-story skyscraper as the global headquarters of Tengfei Capital.
The Tencent Economic Research Institute will also have its headquarters in this place, as well as a series of its group branches.
It can be said that his Tengying Group has long been not limited to the domestic market, but has set its goals and investments in the global market.
The main reason why he can obtain global information so quickly is because of Tengfei Capital's global headquarters.
During this period, Erpi Ya and Chen An An were not here to play, but needed to intern here for two months.
They can only take a holiday when the company is on holiday, and vice versa, they have to work when the company is working.
There are quite a lot of domestic tycoons on Wall Street, and they are all very wealthy people.
Secondly, there are many people who, for reasons that are hard to explain, have settled here for a long time.
Tong Zelan has always been on Wall Street, and so has Shen Nanpeng.
Let’s just say we have selected the ten most famous investment capitals in the world.
At least half of it is here, no exaggeration.
Chen Pingsheng brought his family with him this time, and his headquarters office is also on the top floor because of his extremely high fame.
Tong Zelan also suggested that he hold a grand banquet and invite Chinese Americans to attend.
He also announced his arrival to everyone. Seriously speaking, he was absolutely qualified.
in the country, his reputation is not as good as Teacher Ma, and even less than Penguin Ma.
It’s different overseas, especially on Wall Street.
He is the most famous among the Chinese, and also the most mysterious.
In eight years, he personally made no less than 30 billion US dollars from Tesla.
He has become Nvidia's largest individual shareholder and one of the top ten investors in Google and Microsoft.
Based on this identity, no one can compare with him in investment.
Not to mention that he has invested 20 billion yuan in a super factory here, as well as countless research institutes.
According to Tong Zelan, she hopes he will become the president of the Chamber of Commerce here.
There are many chambers of commerce in the United States, the big ones include Shanxi merchants, Zhejiang merchants, etc.
Many people are very united and help each other, after all, this is all outside.
Chen Pingsheng felt that it was meaningless. He would not stay abroad for too long. This trip was also to help Chen Anan and Erpi Ya develop a certain global perspective.
To put it bluntly, he brought his daughter here to broaden her horizons, not to settle down here permanently.
He was accompanied by a group of secretaries headed by Tang Jing. The young secretary spoke very good English and could also serve as his translator everywhere.
Erpi Ya was very idle, so he arranged her to be an intern at the Institute of Economics.
Erpi Ya also received 500 million yuan to invest in the US stock market.
Whether she can make money depends entirely on herself.
Chen Anan was arranged to stay next to Tang Jing. Chen Pingsheng did not give her any money, but instead gave her all the annual rent of Tengchao Commercial Management.
It’s about 3.8 billion, and she can also use this money at her discretion.
The purpose is still to invest in the US stock market, but I don’t know whether I can make money.
It's just like watching the World Cup. If you don't pay to participate, it's not exciting at all.
If you invest money in it, you will definitely cheer along.
Even if they go to Wall Street, they will definitely be top-tier wealthy families.
You should know that he has hired no less than a hundred lawyers in this headquarters building, and they are the top ones.
There are also consultants, many of whom are retired senior executives.
These people can help him solve any troubles in the United States.
Chen Pingsheng came here with no intention of holding a party, nor would he attend any speeches. He came here simply to educate the children. Anyone who wanted to see him had to make an appointment a few days in advance.
The days are leisurely.
The family came to Wall Street quietly, and it has been almost half a month.
Chen Anan keeps an eye on the U.S. stock market every day, and this is the biggest gamble she has ever made.
To be honest, it wasn't just a small fight in the past, but it wasn't like now, where she could have more than 3 billion to play with.
Although she could not get specific investment information from Tang Jing and others, she could learn about the development information of the global industry from here.
This includes new positive policies issued by some countries, the influence of these policies, and possible future development trends.
It can be said that these things are things that all major top investment groups must understand in a timely manner.
The Tencent Global Economic Research Institute, which Chen Pingsheng spends billions of dollars every year to support, is specifically used for this purpose.
What Chen Anan needs to do is to filter out useful and valuable information from this information.
Erpi Ya is the same as her. It must be said that Er Ya is not only talented in studying, but is also extremely sensitive to numbers. She has her own way of judging and selecting information.
Just five hundred million, nothing on Wall Street.
Those big companies often have tens of billions of US dollars, so investing 500 million won't make much of a splash.
In addition to investing money in US stocks, she can also invest money in major developing countries.
It all depends on her own choice.
Tang Jing came over to report to him, "Boss, An An picked two low-priced stocks and invested $60 million in each. She's planning to buy at the bottom."
"It's easy to say it's bottom fishing, but most people only fish halfway up the mountain."
Tang Jing said, "They are still young. It will probably take a long time for them to correctly judge the difference between the valley bottom and the mountainside."
"Yeah, it will take some time."
Chen Pingsheng said, "When it comes to the stock market, no matter how much advanced theory you learn, the core judgment ultimately comes down to looking at a company's future growth expectations. If those expectations are significantly lower than the current stock price, that's investment; if they're higher, that's speculation."
"Boss, why don't you teach them these yourself? If you are willing to teach them, they will definitely learn quickly."
"It's not as easy as you think. What others say are just theories based on their own practice. Only when they try it themselves can they constantly summarize their experience and find the investment path that suits them best."
It can be said that he has put a lot of effort into educating his daughter and arranges special activities every summer vacation.
In the first two years, they were asked to work on their own company investment projects, and now they are learning to judge stock market investments.
Also called the game of capital.
Ordinary people make money through labor, while the middle class makes money through knowledge.
Their behavior is completely capital operation.
It is difficult to say what the future will be like, but the training direction is undoubtedly correct.
Erpi Ya was not used to it at first, but soon found that this game was quite fun.
Five hundred million goes in, and maybe six hundred million comes out the next day.
Maybe there will only be 400 million or 300 million left.
Whether she has a lot of money or not, everything depends on her own judgment to see if she can buy the rising stocks.
This is just like gambling, it naturally has a great sense of excitement.
Er Pi Ya also quickly became addicted to the game and even transferred a small number of people from large and medium-sized companies to it.
Help her to analyze and discover.
As you play, the amount of money will keep increasing at the beginning.
It didn't work after that and kept falling.
Chen Anan is different. She has a lot of money and likes to buy bargain stocks.
These stocks are generally in a downward trend, and may even have been doing so for a long time.
After she entered, some stocks began to rise, but some continued to fall.
What she thought was the bottom of the valley was actually halfway up the mountain.
The two sisters were addicted to stock trading and were unable to extricate themselves for a while. Many people who just started to play this are actually the same.
They like the excitement here, and once they get used to it, maybe they will be able to truly take it easy.
There is a lot of information in the research institute every day.
After continuous summarization and analysis, the information will finally be presented to them.
It seems that each piece of information has nothing to do with the stock market, but each piece is related.
They need to judge for themselves.
It is obvious that what Chen Pingsheng is training is their judgment ability.
Wall Street, this is a topic that every wealthy family cannot avoid.
The super-rich people around the world have more or less some connection with this place.
(End of this chapter)
Continue read on readnovelmtl.com
