Today is Monday, September 3, and the stock market has reopened after a two-day break, and stocks represented by new energy and new technology still maintain a very good momentum, leading the three major stock markets. The stocks of military enterprises also maintained a very good rally due to the large orders of the Ministry of Defense and the situation in the Middle East, but perhaps the market is very confident in the situation in the Middle East, so the rally has fallen back from last week.

By the end of the afternoon, the stocks of the military-industrial complex had risen by no more than 2 percent on average, and General Motors and Phoenix, which received orders from the Ministry of Defense, did not rise more than 5 percent.

……

This is the financial news of Brighton TV, in a villa in Cambridge, Zhou Minglin Muqing and Tong Gang, Li Cheng and Ilbedov are sitting on the sofa watching TV.

This is the villa they bought recently, the reason is that they don't want to live in the hotel all the time, and after this month's investment, he has more than doubled the income, a mansion is naturally no longer a problem, but they will not be here for a long time, so they are going to give this villa directly to Zhou Ming after leaving, so they will choose to be here in Cambridge, where Harvard is located.

"It seems that the Brighton consortium has really reacted and is already intervening in the stock trend of military enterprises, otherwise the military stocks, which are dominated by GM and Phoenix, would not have risen so weakly in the recent period. Ilbedov said as he leaned back on the couch.

"That's for sure, while rising stocks can help raise capital and increase corporate value, these companies with large conglomerates don't need them, and the inflated stock price will cause them headaches. After all, enterprises are different from speculation, and other funds used for speculation can be withdrawn at any time, but they have to stay to plug this hole, and no capitalist will want to do this kind of thing to make wedding dresses for others. Li Cheng said.

Tong Gang finally said: "But even the Brighton consortium understands that the general trend of the market is inviolable, so they only try to suppress the rise of stocks, but they do not suppress negative growth." ”

"Fortunately, Mr. Zhou Ming's investment model has already calculated this, otherwise our return on investment would have dropped to less than one percentage point in the next few days. Ilbedov looked at Zhou Ming and said, "But Mr. Zhou Ming, since the big conglomerates have deliberately lowered the growth rate of the military industrial enterprises, why don't we change the battlefield?

Faced with Ilbedov's question, Zhou Ming did not rush to answer, he first looked at Tong Gang and Li Cheng and asked, "Do you think the same way?"

"Capital always needs to be invested where the most returns can be made. Tong Gang said to Zhou Ming that his words were very brief, but the meaning was clear.

Indeed, I agree with Chairman Tong that capital is profit-oriented, and if there is a better or more profitable investment direction, then the choice of capital must be the best. Zhou Ming said.

Tong Gang, Li Cheng, and Ilbedov's eyes lit up, but before they could speak, Zhou Ming said again: "Don't be in a hurry to be happy, because I still have some questions that I haven't figured out, have you read the financial statements of several computer technology companies? Do you know exactly how many companies are profitable, or how many development plans of these companies do you have?"

This series of questions confused Tong Gang, Li Cheng and Ilbedov at that time, this is not how strange or tricky the questions Zhou Ming asked, but these questions are the most simple and important.

It is precisely because of the simplicity and importance that they are even more frightened, because they cannot answer.

Tong Gang, Li Cheng and Ilbedov looked at each other, and finally Tong Gang asked Zhou Ming: "Do you think the current technology stocks are a bubble?"

"I don't know if it's a bubble, but it's an irrational exuberance for sure. Zhou Ming said.

"Irrational exuberance?" said Tong Gang, Li Cheng, and Ilbedov in unison, apparently they had heard the term for the first time.

Zhou Ming nodded and said: "It is irrational prosperity, which is not a positive or deprecating term, but an objective law that must exist, because whether it is us or other investors, we are always talking about this bubble and that bubble, so how are these bubbles formed?"

"Of course it's the influx of hot money and speculation. "But we are not speculative, we can leave before the bubble bursts." ”

"But the point is that we don't know when the bubble will burst. Li Cheng took Ilbedov's words and said.

Zhou Ming shook his head: "The key to me is not here, but what will happen to the funds once the bubble is burst?"

Tong Gang, Li Cheng and Ilbedov were stunned, they obviously didn't expect Zhou Ming to suddenly ask such an unrelated question, but Li Cheng still replied: "Of course, withdraw at any cost, and then go to find new investment opportunities." ”

"That's right, isn't it a new investment opportunity for us to choose technology stocks now?" said Ilbedov, "I understand that when a bubble bursts, money withdraws, a bubble is blown up, and money comes in, and so on and so forth, it's an irrational boom......; We're not a federal government, we don't have an obligation to help them stabilize the market, we just need to make money!"

"It seems that none of you understand what Zhou Ming's little brother really meant. Tong Gang sighed, "What he really means is that it is up to us to create new investment opportunities, not to follow the trend behind other people's butts." ”

"It seems that Chairman Tong understands me better, and that's what I mean. The quality of the U.S. investment market or the life or death of investors has nothing to do with me, of course I don't worry about them, but I worry about myself. ”

Zhou Ming said: "From international oil futures to military stocks, and even the Hong Kong stock index I bought at the beginning, I have always speculated in the market that others have done, so I have to keep worrying about when this bubble will burst, what means the market maker is going to use to control price fluctuations, when I should enter the market, when should I leave, and how to maximize my profits." ”

Speaking of this, Zhou Ming let out a long breath and continued: "Fortunately, my luck is not bad, I can guess the banker's movements clearly, but no matter how good my luck is, there will always be a day when it runs out, and gambling in a casino where others have set the rules, this risk is still too great, at least not what a normal investor should rely on." ”

"Of course, the most important thing is that it's too tiring to do this, and I need to play a little more relaxed. Zhou Ming added.

"So little brother Zhou Ming, what are you going to do?" asked Tong Gang.

"Find a way to sit on your own. Zhou Ming replied.

Although they had expected this answer for a long time, when they heard this answer with their own ears, it still made Li Cheng and Ilbedov gasp, and Ilbedov asked in disbelief: "Mr. Zhou Ming, do you want to raise a market bubble by yourself?"

"Mr. Ilbedov, do you think this is feasible?" asked Zhou Ming.

If someone else asks this, Ilbedov will definitely throw out an impossible answer, after all, to pull out a market bubble, it is not so simple, not only requires a huge amount of money, but also needs a lot of social resources, such as the propaganda of public opinion, the follow-up and promotion of other investment companies, and even the support of policies, only these are pieced together to form a big bubble.

These conditions are undoubtedly very harsh, otherwise wouldn't everyone be a banker?

Even in China, in North Russia and in Hong Kong City, Zhou Ming relies on their support to blow a bubble if he wants to, not to mention that now they are in the United States, they don't have capital public opinion and mobilizable social resources, how can they sit in the village and blow bubbles?

But the person in front of him is Zhou Ming, he has created one miracle after another in front of him, so that Ilbedov has a feeling that his common sense does not work here, so now he obviously can't see any possibility of sitting in the bank, but Ilbedov always feels that Zhou Ming can still sit in the village successfully, just like Zhou Ming often said, how to know if you don't try?

"Of course it can't be, we are now in the United States, and the foundation is so poor, how can we sit in a market village? Unless Ilbedov can say that you can move North Russia to fight a war with the United States. Zhou Ming said.

"Mr. Zhou Ming, please stop joking. Ilbedov said helplessly.

Although Zhou Ming's answer was the most normal and common sense answer, this feeling of being teased still made Ilbedov go crazy.

Compared with Ilbedov's madness, Zhou Ming said with a smile: "Okay, I'm not kidding, with the resources we have now, although it is completely impossible to blow up a market bubble, what if it is just a certain company?"

Ilbedov, who had just wilted, instantly came back to his senses again, and Tong Gang and Li Cheng's eyes were also full of light, because Zhou Ming did point them in a very bright direction. You must know that they now have nearly a billion dollars of money in their hands, which may be too weak in front of the entire market, but if it is only for a certain company, it is still easy to bring the rhythm, not to mention that the entire technology market is now full of bubbles.

It's still easy to blow a bubble in a bubble, and it's easy to hide yourself.

Tong Gang thought of something, he asked Zhou Ming: "So that's why you just asked us why we have seen the financial statements, profitability and development white papers of several computer technology companies, right?"

Zhou Ming laughed and said: "I still can't hide it from Chairman Tong, this is also no way, after all, now the arms sector is deliberately suppressed by the consortium, and the benefits are getting smaller and smaller, I can't help but think of a way to develop a new investment direction, but there are already many companies in the stock market, and there are still three major markets, so I see so many companies as big, so now since Mr. Tong Gang, Mr. Li Cheng and Mr. Ilbedov have already put it forward, then please everyone." ”

The last few words, Zhou Ming said seriously, but in the ears of Tong Gang, Li Cheng and Ilbedov, there was a feeling of being trapped.

"That...... Mr. Zhou Ming, are you not involved in the finance class?" asked Ilbedov.

"Participation is for sure, but they are designing a new investment model, but Mr. Ilbedov, you know, the technology market is a bubble, and it is difficult to choose how to plan the proportion of investment in it. Zhou Ming continued, "And now that the new semester of Harvard is about to start, the students in the finance class have to prepare for the new semester." ”

Listening to Zhou Ming's words, Tong Gang, Li Cheng and Ilbedov all had black lines, and finally Tong Gang said: "Okay, I know, we will do this well." ”

"That's great!" Zhou Ming said happily.

Then Zhou Ming left the villa, but before he walked out of the villa, the smile on Zhou Ming's face disappeared, and he was replaced by a frown.

"You're still worried, aren't you?" asked Lin Muqing.

"How can I not be worried?" Zhou Ming said helplessly.