As soon as Fu Xiaoguan said this, there was laughter from the audience.
At this point, they have already grasped the core essence of stocks from this story. They are all cunning businessmen, and they have also thought of the loopholes in it.
But no one expected that Ding Anbo had already obtained the rights to issue and trade stocks.
As the only trading center of the Yu Dynasty, anyone who wanted to publicly issue stocks to raise funds had to pass the qualification certification of Sitong Money House. This guy destroyed the evil thoughts in their hearts.
The old manager of Sitong Money House is Li Jindou, and behind him is Ding'an Earl's third wife Yan Xiaolou.
I heard that Sitong Bank has trained an evaluation team of a hundred people, and only allows ten stocks to be listed and issued this year.
The merchants in the small workshops gave up the idea, but the people from the five major families were ready to go. With their business strength, they would surely be able to pass the evaluation, go public and raise funds to invest in bigger businesses.
The next national policy of the Yu Dynasty has been determined, which is to develop commerce and agriculture simultaneously, but commerce comes first. Ding'an Bo is originally a big businessman, and now his layout is moving at a very fast pace, and he is showing a trend of being on par with the five major families.
Of course, the five great families also knew that with Ding'anbo's identity, it was very likely that he would surpass the five great business families in the future.
They did not intend to compete with Ding'an Bo, but wanted to use the issuance of stocks to promote their family's business to the entire Yu Dynasty.
That's enough.
This pie is very big now, but there will inevitably be more and more people sharing the profits. How to get the biggest piece depends on the subsequent financing methods, industrial upgrading, and reasonable layout.
He Sandao scratched his head and asked Zong Shiji, "Do you understand?"
"I roughly understand. What about you?"
"Oh, I know that Blacksmith Zhou and that Li Xiaohua got married. It's a happy ending, right?"
Zong Shiji glared at He Sandao and thought that talking to this guy was really like a scholar meeting a soldier!
Everyone thought that Fu Xiaoguan had finished the lesson, but unexpectedly, Fu Xiaoguan turned around and wrote two big words on the whiteboard: Fund!
What is this?
The group of people fell silent again.
"Pingling County blacksmith Zhou achieved rapid expansion thanks to this stock. Li San, who gave him advice, was inspired by this. He thought, 'I'm not a blacksmith, but I don't have the skills. I didn't have the money to invest in that stock in the first place. So what are my advantages?'
Li San drank some wine and analyzed himself carefully. Yes, I have vision and I am familiar with the stock industry. Everyone in Pingling County knows that it was me who gave the idea to Zhou the blacksmith and it was me who helped him find money to successfully go public.
I'm so famous in this theater market, why don't I just release some products? You must be thinking, this Li San has nothing, what kind of products can he release? "
Fu Xiaoguan left the question a secret here, and everyone started to ponder over it again, but no one could answer it.
He Sandao listened very carefully and thought that this gentleman was very powerful.
Fu Xiaoguan spoke:
"Li San downed a pot of wine and made up his mind. This product is called the 'Pingling County Blacksmith Shop Investment Fund.' It's nothing but a name, right? Li San came up with his selling point. What was it? He pitched it this way: Professional investor Li San, using his professional vision and expertise, invests in the blacksmith industry. He doesn't guarantee profits or losses, but only earns a small management fee and commission. Isn't that absurd?"
Everyone nodded. Isn't this just a scam? Who would fall for it?
Fu Xiaoguan smiled slightly. "This is not ridiculous. Why? Because there is market demand."
"Zhou the Blacksmith's shop was successfully listed, and its shares began trading on the stock exchange. However, there was a problem: many young and old men were afraid to buy and sell. They didn't understand the business, and Li San was well-known and a professional. So, after some discussion, they actually handed their money to Li San. They thought that although there was no guarantee of profit or loss, it would at least be more reliable than trying to do it themselves without thinking."
"This Li San had a large sum of money. He did not limit himself to Zhou the blacksmith in Pingling County. He also went to more than a dozen blacksmith shops around Pingling County. After investigation, he invested in ten of them.
These blacksmith shops received funding and flourished. Young and old, following Li San, all made a lot of money. They all praised Li San for his good vision and many ideas. He didn't just invest in one blacksmith shop, but diversified his investments, reducing risk and ensuring stability and profitability.
Fu Xiaoguan tapped on the whiteboard with a charcoal pencil. "This is the fund."
"There are essential differences between funds and stocks, mainly in the following points..."
Fu Xiaoguan once again elaborated on the relationship in detail and reiterated that the issuance of Yu Dynasty Fund is now limited to Sitong Money House.
"We are responsible for the investors' funds. When they entrust their money to Sitong Bank, we will maximize their profits. Therefore, every investment we make will be subject to professional evaluation."
"These are the two main concepts I want to explain today. Of course, economic behavior is much more than this. Let's leave the rest aside for now. Now it's time for questions. I'll answer three meaningful questions from everyone, and that concludes today's class."
Everyone was suddenly excited, feeling unsatisfied. Why did it end so quickly?
But many people from merchant families were frowning and thinking at this moment, carefully digesting the two key business behaviors that Fu Xiaoguan had instilled in them.
This was absolutely unheard of before. The business models before this were basically based on clan families.
If a clan is strong and wants to do business, basically all the clan members will pool their spare funds together, and the clan leader will use them to build workshops to produce products, and then open shops in various places to sell them, and then distribute dividends according to the profits.
According to Fu Xiaoguan, this is the most primitive fund model.
Such a structure obviously does not have the advantages of the fund mentioned by Ding Anbo.
It is too single and the amount of funds is not large.
The fund that Ding Anbo mentioned comes from the entire society. Not only is it huge in size, but with such a sum of money, one can allocate industries more flexibly and invest in other people's industries.
However, the big families or big businessmen were thinking about stocks. This thing is very powerful. I heard that once Ding'an Bo Xishan shares were listed, they raised a full 8 million taels of silver in just half a day.
This is still the case where many people have money but cannot buy. Once Xishan shares are listed, they will surely go up all the way, and those who hold those shares will surely make a fortune.
At this moment, Sima Che raised his hand.
Fu Xiaoguan nodded and said, "Tell me your problem."
"I'd like to ask, what are the conditions for issuing stocks?"
This is a very representative question. Many businessmen who want to issue stocks fell silent, looking forward to Ding Anbo's explanation.
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