Dip the bottom.

After the Internet bubble, some investors and investment institutions thought that 4,200 points was the bottom of a stock market cycle, so they desperately increased their positions to buy the bottom, and when it reached 3,700 points, more people thought it was the bottom, so they once again set off a wave of bottom-buying, and to their disappointment was that the index was still falling wildly.

When it reached more than 3,200 points, they thought that it was finally the end, and once again there were "death squads", wanting to make a lot of money by relying on "excellent investment vision", but the index continued to fall, and today, there are only 2,400 points left, which is only a little short of the number predicted by Su Mu.

There are always people who are buying the bottom, but the question is where is the real trough? In people's imagination, it should be a quick rebound after the end, but the fact is that it is like skiing, and there is no chance to rise again after rushing down, which is a great blow to investors' confidence.

Those who are really happy have sold and cashed out as early as near the high point, and some of the people who first invested in the Internet industry have made tens of thousands of times their huge wealth!

There is a famous saying on Wall Street, the content is probably "trying to copy to the lowest point, it is tantamount to catching a flying knife falling from the sky", this wave of Internet bubble collapse, resulting in the global evaporation of about two trillion dollars of wealth, and many middle class has been wiped out, and there are not a few funds and investment companies that have lost money, but fortunately, it is only the collapse of an industry, which has little impact on the Dow Jones Industrial and S&P 500 index, and the overall economic situation is still rising.

The U.S. interest rate hike has shown a good economic situation in which global capital is pouring into the U.S. and the economy is booming, but the emerging economies affected by the U.S. are out of luck, and the destructive power of the Southeast Asian financial crisis is much greater than Sumu expected.

People think that this is the fault of Soros, the actual controller of the quantum fund and the capital predator, but in fact, he is just at the right time, using the most efficient means, relying on the Federal Reserve's interest rate hike policy to successfully carry out a harvest, and even Russia has not escaped this catastrophe, and the company that has invested a lot in Southeast Asia has also fallen into bad luck!

Speaking of which, Su Mu's business in Huaxia has not been greatly affected, he has not yet joined the World Trade Organization, and the official control of the economy is strict to the point of perversion, which used to be a bad thing, but now it has become a good thing, resulting in a sudden increase in foreign-funded enterprises that have recently invested in China, and they still have the heart to use foreign exchange reserves to rescue Xiangjiang.

The currency has been preserved, but the Hong Kong stock market has recently begun to fall sharply, and the real estate has also collapsed, from this point of view, the Wharf Wharf real estate business he invested in is a slight loss, but this kind of business depends on the long-term development, whether it is a loss or a profit is still difficult to say.

The process of European integration has accelerated, the emerging economies have had a hard time, accumulating wealth for several years, or even more than ten years, and in the blink of an eye, as the financial crisis disappears, without the European Union, the United States has begun to point its guns at its allies, trying to continue to maintain the situation of one superpower and many powers, and the supremacy of the United States, which is probably the recent global status quo.

After the collapse of the Internet bubble, Silicon Valley began to reflect and think about why it went wrong, leading to today's situation, and the main point of Su Mu's speech was very clear: it was not the Silicon Valley companies that went wrong, but the impact of capital on Silicon Valley, frantically chasing high returns, causing the market to fall into a frenzy.

There are also Silicon Valley companies that need to be reflected, and now that the tide has receded, it is clear who is swimming in Guoyong, and value investment is highlighted, rather than blindly investing in the future, as long as it is related to the Internet, it will get a fanatical response.

Overall, the current situation is healthier and good for the long-term development of Silicon Valley.

His speech tonight was more profound than Gates's remarks, which were expected to last only ten minutes, and before he knew it, he would not be able to speak for more than half an hour, but no one interrupted him, including Mr. Governor, a layman, who listened attentively.

Su Mu might have become a rich man just by listening to the news he heard on the radio, but it was absolutely impossible to make the business as big as it is now, he was already a smart man......

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It's funny to say that the Internet industry sector of the Nasdaq stock exchange really began to rise the next day, and not long after the opening of the market, the overall increase was as high as 69 points.

The people who believe in Su Mu's judgment are not only retail investors, but also a group of investment institutions also regard him as a weather vane, and Su Mu's repurchase gives them confidence and begins to believe in the "value investment" set, and chooses Internet companies that may have huge growth potential in the future to invest.

This is the first time that Su Mu has elaborated on his views again after the bursting of the Internet bubble, and it is very reasonable, and some investors are willing to believe him and follow him to the bottom.

He said that the potential of his company is underestimated, and in the future, with the terrifying number of users, relying on the proven industrial ecological chain plan, they can prove their huge value in three to ten years, and some investors are willing to believe it.

Especially those young investors who usually like to surf the Internet, they know very well that as long as they are connected to the Internet, it is almost the world of Sumu, not to mention the rest for the time being, just the membership system provided by OO, which can increase the speed of Internet access, makes this company make more than 300 million US dollars in just half a year, which means that tens of millions of people have opened, and the side reflects that for the Internet, netizens are willing to spend money to enjoy better services.

Most Americans respect the genuine version, they don't think there's anything wrong with a company paying for labor and exchanging their results for returns, and those who don't want to spend money can continue to use the free version, which is nothing more than more ads, and the loading speed is just a little slower, and they can still enjoy most of its common features, the difference is that they can't change the theme, they can't enjoy web analysis tools, and so on.

The free economy is Su Mu's first initiative, he is now trying to rely on certain functions to charge, the market share has been so high, it's time to enjoy some returns, all charging items are based on the principle of voluntary, even if the user is not willing to spend money, the service enjoyed will not be much worse, paid to provide some unnecessary, but quite attractive items.

The stock price began to rise, Su Mu's plan to increase his holdings continued, and he couldn't look down on the small profits that kept the money in the bank, and the interest that needed to be paid on the loan was a little higher than the rate of return, and the chance of winning was quite big, and he was betting that the market would pick up.

The son is studying at school, the daughter still needs to be taken care of, it is another year of Christmas, everything is developing steadily, the business and family are very happy, the days are not exciting, but it will not make Su Mu feel bored.

After his wealth shrank, he began to increase slowly again, and his wealth, plus the money he borrowed from the loan, even if it only rose a little bit every month, was a huge amount of money that he could not spend, and he had everything he should have, and the amount of daily expenses was not large......