Xu Ziming's entire winter vacation in '83 is roughly divided into two stages, the first stage is to spend time with Marisa to review some courses that need to be learned, and as for going to Wall Street in New York, the second stage is the second stage, Xu Ziming has already made up his mind.

He spent the next twenty days in New York.

Wall Street, a large street in the southern part of Manhattan in New York City that stretches from Broadway to the East River. At only one-third of a mile long, the streets are narrow and short, only seven blocks from Broadway to the East River, but it is known as the "financial center of the United States."

Xu Ziming is more of a stroll on this small road, watching this small street is lined with high-rise buildings and a magical street where many stock exchanges in the United States are gathered.

The offices of the managers of banks, insurance, shipping, railroads, and other companies set up by the Morgan chaebol, the Rockefeller oil magnate, and the DuPont consortium are concentrated here. The famous New York Stock Exchange is also located here, and it is still the headquarters of several major exchanges: such as the NASDAQ, the American Stock Exchange, the New York Board of Trade, etc.

The term "Wall Street" has now transcended the street itself to become a synonym for the neighborhood and to refer to financial markets and financial institutions that have influence on the entire U.S. economy.

In his future book, Xu Ziming once read a sentence by the writer Chen Yunhe, called, "The great New York is condensed in Little Wall Street, and Little Wall Street reflects the great New York."

At this time, walking on the road with Marisa, he also couldn't help but praise: "The great New York is condensed in Little Wall Street, and Little Wall Street reflects the great New York." ”

Marissa kept walking forward, Xu Ziming's words attracted her attention, she turned her head, stared at Xu Ziming with a serious look, and smiled after a while: "Ming, you summarized it very reasonably, the role of Wall Street is indeed very great." That's why we're here to learn. ”

The two of them walked cautiously along the smooth and clean road, while keeping an eye out for passing vehicles. Marissa said: "The study of administrative management is not only about what is in the textbook, but also about a lot of life experience, as well as specific and appreciable but unpredictable market conditions. ”

Before arriving at the New York Stock Exchange, where the two were going to go, Marissa gave him a lot of knowledge about the American economy. These included the 1929 Wall Street stock market crash that led to the Great Depression.

During the Great Depression years, when most projects in the financial district were delayed, the World Trade Center was one of the few major projects to be carried out in the last three quarters of the 20th century, but turned out to be surprisingly successful. The World Trade Center is a de facto government-funded project that the Port Authority of New York and New Jersey decided to build to stimulate the economy of the lower city, and all the tools needed for international transactions are already included in these two supertall complexes. Despite this, most of the space in the building was unoccupied in the early days after completion.

However, some of the big and influential companies did set up in the World Trade Center, which further attracted other influential companies to buy the offices in the center. Some argue that the World Trade Center has replaced Wall Street as the heart of the financial district.

From this typical incident, Marisa used her years of visual outlook and rigorous attitude to tell Xu Ziming the key points through specific and considerable data and accurate judgments, which benefited Xu Ziming a lot.

The outside of the New York Stock Exchange was still empty at this time, because the statue of the bronze bull that would later become famous had not yet been erected, and it would take eight or nine years for the symbol of "American strength and courage" to be visible.

Xu Ziming and his mentor Marisa were just about to enter through the gate, when a group of men in suits came out in a hurry.

The two chatted oblivionly, and didn't pay attention to the passers-by, so they were knocked down hard and rough by the group of people who came out of it, and leaned against the corner of the wall, because the other party was relatively tall and thick, Xu Ziming was careless, and his head was a little broken, and a little blood flowed.

When Xu Ziming reacted, the sturdy man who was followed by a few subordinates had already come to the sports car, unrepentant, and when he opened the car door, he scolded and said to Xu Ziming, "Bad things." ”

Then he pointed with his middle finger at Xu Ziming, the person who was blocking his way just now.

Xu Ziming was angry and didn't fight, Marisa was anxious about his condition, and also tried to advise him to calm down.

The other party's impoliteness made Xu Ziming very unhappy, he clenched his fists, very angry, slowly got up from the ground, and tried his best to restrain the dissatisfaction in his heart.

Marissa patted the dust on his pants for him and comforted: "In the United States, there are many things to be careful about, and the more powerful we are, the more jealous we are." That's where capital comes in. Today's scene is playing out every day in the United States. ”

When Marisa said this, she was very helpless, Xu Ziming thought it was true, money and power are indeed desirable things, and the person who bumped into him just now, and did not apologize but spoke ill of him, is the kind of rich and willful person.

If it were Hong Kong, Xu Ziming would definitely let this guy pay for his actions.

However, to Xu Ziming's surprise, Marisa said: "You can only win if you can fight, so I will take today's events as part of my diligent study as an incentive." ”

Marisa's words are always very philosophical, and Xu Ziming also knows that Marisa wants to be as diligent as possible in his studies in New York, Xu Ziming smiled and nodded, as if what happened just now did not happen.

Xu Ziming knew that this was Nuoda's America, not a small Hong Kong.

After entering the New York Stock Exchange, Xu Ziming realized what securities trading is, and the Hong Kong stock exchange is simply a small thing.

In Hong Kong, Xu Ziming may be envious and sought after by some people around him because he has assets of nearly one billion Hong Kong dollars in his hands, but here, the stock quotation personnel of thousands of listed companies are here, including hundreds of American companies with assets of more than one billion US dollars.

Because Marisa and one of the shareholders of the exchange used to be college classmates, Xu Ziming was lucky to be able to experience the trend of capital operation up close, and to be able to look at the specific stock prices of each listed company on the daily quotation board, and then be able to see some investors, how to sell short, how to buy up, and how to win steadily.

He had known this before, but it was true that as Marisa said, personal experience was the most rewarding.

Xu Ziming paid attention to the newspaper industry that Buffett had eyed, when he secretly encroached on the Boston Globe and the Washington Post in the stock market, and his intervention caused the Washington-Don Post to increase its profits, growing by an average of 35 percent a year.

Today, 83 years later, the $10 million invested by Warren Buffett has appreciated to 200 million, and the stock price has been rising.

Buffett's investment methods have made Xu Ziming gain a lot of knowledge, although he has not met Buffett, but the New York Stock Exchange has benefited him a lot from just a few days of learning.

After leaving Wall Street, he and Marissa went to New York International Airport to catch a flight back to Raleigh.

Back at Duke University, Xu Ziming borrowed a lot of books, and even went to the Duke University library to borrow books during the holidays to facilitate thesis writing.

To avoid boredom, I carry with me Sony's Walkman, which is also a bestseller in the North American market.

In the United States, facing a lot of books every day may not be as interesting as going to Hong Kong, but he has learned a lot of things, and he has acquired a lot of practical business elements of the study.

In his previous life, although he was also an executive of a large company, his business model was not very good.

After finishing the thesis, he directly handed it to his tutor Marisa for a look, and Marisa only took a few glances before finding out the strangeness of the problem, "Ming, why do you speculate in the article that Japan's overall economy is like a derailed train, in a high-speed stage, and it will be affected by this system in a few years." There is also the title of your article, "Administrative Management from the Stock Market", in which the views on Buffett's investment are somewhat one-sided. ”

Xu Ziming was not surprised by Marisa's denial of herself, after all, some of the predictions and subjective views in the article were the views of Xu Ziming, a person who had come over, and she couldn't understand that it didn't matter.

Xu Ziming explained slowly: "Taking real estate as an example, housing prices in Japan have soared to a level that is unattainable for ordinary people, taking Japanese landmarks as an example, the destination price of Ginza Shicho is 120 million yen per tsubo (about 3.3 square meters), and the price of a square mile of land in the Imperial Plaza in Tokyo is even higher than the value of land in the entire "California" state of the United States combined. If the land area of Tokyo at that time were converted at the average land price, it would be worth even buying the entire United States. ”

Marisa often browses some foreign newspapers, and indeed does not deny this, and she also smiled brightly and naturally, and said with satisfaction: "Ming, you are doing very seriously." ”

Xu Ziming has no pride. To put it bluntly, the Japanese economy at that time was highly dependent on imports and exports, and the pockets of the Japanese people were able to bulge up and they all depended on the huge profits made in exchange for foreign trade; however, there were also pitfalls in the highly developed Japanese economy, and the Japanese, who had always been prone to expansion, were once again confused by "inflation." To this day, the Japanese often talk about the "lost 20 years", which refers to the crazy period of the 80s.

Also for Buffett's explanation, Xu Ziming has always liked to speak with facts, and Marisa was fascinated by it.

Marissa raised her palms excitedly, almost jumping up and applauding, she was quite proud and satisfied: "Overall, it is very good, it is a rare and good article, and I believe that it can be appreciated by many people in the academic journals of Duke Business School." ”

Xu Ziming was noncommittal and smiled: "The teacher is joking, how can it be so good." ”

Marisa felt as if there was a play, and was immediately overjoyed, and said, "Give it a try." Xu Ziming was noncommittal, and said with a smile: "The teacher is joking, how can it be so good." ”

Marisa felt as if there was a play, and was immediately overjoyed, and said, "Give it a try." ”

PS: I'm sorry, after I sent it out just now, I found out that I copied one more copy, and I couldn't delete it if I wanted to.

Xu Ziming's entire winter vacation in '83 is roughly divided into two stages, the first stage is to spend time with Marisa to review some courses that need to be learned, and as for going to Wall Street in New York, the second stage is the second stage, Xu Ziming has already made up his mind.

He spent the next twenty days in New York.

Wall Street, a large street in the southern part of Manhattan in New York City that stretches from Broadway to the East River. At only one-third of a mile long, the streets are narrow and short, only seven blocks from Broadway to the East River, but it is known as the "financial center of the United States."

Xu Ziming is more of a stroll on this small road, watching this small street is lined with high-rise buildings and a magical street where many stock exchanges in the United States are gathered.

The offices of the managers of banks, insurance, shipping, railroads, and other companies set up by the Morgan chaebol, the Rockefeller oil magnate, and the DuPont consortium are concentrated here. The famous New York Stock Exchange is also located here, and it is still the headquarters of several major exchanges: such as the NASDAQ, the American Stock Exchange, the New York Board of Trade, etc.

The term "Wall Street" has now transcended the street itself to become a synonym for the neighborhood and to refer to financial markets and financial institutions that have influence on the entire U.S. economy.

In his future book, Xu Ziming once read a sentence by the writer Chen Yunhe, called, "The great New York is condensed in Little Wall Street, and Little Wall Street reflects the great New York."

At this time, walking on the road with Marisa, he also couldn't help but praise: "The great New York is condensed in Little Wall Street, and Little Wall Street reflects the great New York." ”

Marissa kept walking forward, Xu Ziming's words attracted her attention, she turned her head, stared at Xu Ziming with a serious look, and smiled after a while: "Ming, you summarized it very reasonably, the role of Wall Street is indeed very great." That's why we're here to learn. ”

The two of them walked cautiously along the smooth and clean road, while keeping an eye out for passing vehicles. Marissa said: "The study of administrative management is not only about what is in the textbook, but also about a lot of life experience, as well as specific and appreciable but unpredictable market conditions. ”

Before arriving at the New York Stock Exchange, where the two were going to go, Marissa gave him a lot of knowledge about the American economy. These included the 1929 Wall Street stock market crash that led to the Great Depression.

During the Great Depression years, when most projects in the financial district were delayed, the World Trade Center was one of the few major projects to be carried out in the last three quarters of the 20th century, but turned out to be surprisingly successful. The World Trade Center is a de facto government-funded project that the Port Authority of New York and New Jersey decided to build to stimulate the economy of the lower city, and all the tools needed for international transactions are already included in these two supertall complexes. Despite this, most of the space in the building was unoccupied in the early days after completion.

However, some of the big and influential companies did set up in the World Trade Center, which further attracted other influential companies to buy the offices in the center. Some argue that the World Trade Center has replaced Wall Street as the heart of the financial district.

From this typical incident, Marisa used her years of visual outlook and rigorous attitude to tell Xu Ziming the key points through specific and considerable data and accurate judgments, which benefited Xu Ziming a lot.

The outside of the New York Stock Exchange was still empty at this time, because the statue of the bronze bull that would later become famous had not yet been erected, and it would take eight or nine years for the symbol of "American strength and courage" to be visible.

Xu Ziming and his mentor Marisa were just about to enter through the gate, when a group of men in suits came out in a hurry.

The two chatted oblivionly, and didn't pay attention to the passers-by, so they were knocked down hard and rough by the group of people who came out of it, and leaned against the corner of the wall, because the other party was relatively tall and thick, Xu Ziming was careless, and his head was a little broken, and a little blood flowed.

When Xu Ziming reacted, the sturdy man who was followed by a few subordinates had already come to the sports car, unrepentant, and when he opened the car door, he scolded and said to Xu Ziming, "Bad things." ”

Then he pointed with his middle finger at Xu Ziming, the person who was blocking his way just now.

Xu Ziming was angry and didn't fight, Marisa was anxious about his condition, and also tried to advise him to calm down.

The other party's impoliteness made Xu Ziming very unhappy, he clenched his fists, very angry, slowly got up from the ground, and tried his best to restrain the dissatisfaction in his heart.

Marissa patted the dust on his pants for him and comforted: "In the United States, there are many things to be careful about, and the more powerful we are, the more jealous we are." That's where capital comes in. Today's scene is playing out every day in the United States. ”

When Marisa said this, she was very helpless, Xu Ziming thought it was true, money and power are indeed desirable things, and the person who bumped into him just now, and did not apologize but spoke ill of him, is the kind of rich and willful person.

If it were Hong Kong, Xu Ziming would definitely let this guy pay for his actions.

However, to Xu Ziming's surprise, Marisa said: "You can only win if you can fight, so I will take today's events as part of my diligent study as an incentive." ”

Marisa's words are always very philosophical, and Xu Ziming also knows that Marisa wants to be as diligent as possible in his studies in New York, Xu Ziming smiled and nodded, as if what happened just now did not happen.

Xu Ziming knew that this was Nuoda's America, not a small Hong Kong.

After entering the New York Stock Exchange, Xu Ziming realized what securities trading is, and the Hong Kong stock exchange is simply a small thing.

In Hong Kong, Xu Ziming may be envious and sought after by some people around him because he has assets of nearly one billion Hong Kong dollars in his hands, but here, the stock quotation personnel of thousands of listed companies are here, including hundreds of American companies with assets of more than one billion US dollars.

Because Marisa and one of the shareholders of the exchange used to be college classmates, Xu Ziming was lucky to be able to experience the trend of capital operation up close, and to be able to look at the specific stock prices of each listed company on the daily quotation board, and then be able to see some investors, how to sell short, how to buy up, and how to win steadily.

He had known this before, but it was true that as Marisa said, personal experience was the most rewarding.

Xu Ziming paid attention to the newspaper industry that Buffett had eyed, when he secretly encroached on the Boston Globe and the Washington Post in the stock market, and his intervention caused the Washington-Don Post to increase its profits, growing by an average of 35 percent a year.

Today, 83 years later, the $10 million invested by Warren Buffett has appreciated to 200 million, and the stock price has been rising.

Buffett's investment methods have made Xu Ziming gain a lot of knowledge, although he has not met Buffett, but the New York Stock Exchange has benefited him a lot from just a few days of learning.

After leaving Wall Street, he and Marissa went to New York International Airport to catch a flight back to Raleigh.

Back at Duke University, Xu Ziming borrowed a lot of books, and even went to the Duke University library to borrow books during the holidays to facilitate thesis writing.

To avoid boredom, I carry with me Sony's Walkman, which is also a bestseller in the North American market.

In the United States, facing a lot of books every day may not be as interesting as going to Hong Kong, but he has learned a lot of things, and he has acquired a lot of practical business elements of the study.

In his previous life, although he was also an executive of a large company, his business model was not very good.

After finishing the thesis, he directly handed it to his tutor Marisa for a look, and Marisa only took a few glances before finding out the strangeness of the problem, "Ming, why do you speculate in the article that Japan's overall economy is like a derailed train, in a high-speed stage, and it will be affected by this system in a few years." There is also the title of your article, "Administrative Management from the Stock Market", in which the views on Buffett's investment are somewhat one-sided. ”

Xu Ziming was not surprised by Marisa's denial of herself, after all, some of the predictions and subjective views in the article were the views of Xu Ziming, a person who had come over, and she couldn't understand that it didn't matter.

Xu Ziming explained slowly: "Taking real estate as an example, housing prices in Japan have soared to a level that is unattainable for ordinary people, taking Japanese landmarks as an example, the destination price of Ginza Shicho is 120 million yen per tsubo (about 3.3 square meters), and the price of a square mile of land in the Imperial Plaza in Tokyo is even higher than the value of land in the entire "California" state of the United States combined. If the land area of Tokyo at that time were converted at the average land price, it would be worth even buying the entire United States. ”

Marisa often browses some foreign newspapers, and indeed does not deny this, and she also smiled brightly and naturally, and said with satisfaction: "Ming, you are doing very seriously." ”

Xu Ziming has no pride. To put it bluntly, the Japanese economy at that time was highly dependent on imports and exports, and the pockets of the Japanese people were able to bulge up and they all depended on the huge profits made in exchange for foreign trade; however, there were also pitfalls in the highly developed Japanese economy, and the Japanese, who had always been prone to expansion, were once again confused by "inflation." To this day, the Japanese often talk about the "lost 20 years", which refers to the crazy period of the 80s.

Also for Buffett's explanation, Xu Ziming has always liked to speak with facts, and Marisa was fascinated by it.

Marissa raised her palms excitedly, almost jumping up and applauding, she was quite proud and satisfied: "Overall, it is very good, it is a rare and good article, and I believe that it can be appreciated by many people in the academic journals of Duke Business School." ”

Xu Ziming was noncommittal and smiled: "The teacher is joking, how can it be so good." ”

Marisa felt as if there was a play, and was immediately overjoyed, and said, "Give it a try." Xu Ziming was noncommittal, and said with a smile: "The teacher is joking, how can it be so good." ”

Marisa felt as if there was a play, and was immediately overjoyed, and said, "Give it a try." ”