Chapter Forty-Six: Savage and Capricious
In 1998, Zhuoqun's life process was like a green train being replaced by a bullet train.
All of a sudden, it was fast.
This year, whether it is money, career, love, fame or the scope of communication.
He has achieved results that ordinary people can't achieve in a lifetime.
First of all, he is the best at making money.
In 1998, the overall trend of the A-share market can be summarized as rising first and then declining.
The first half of the year has been a continuation of last year's sustained rebound.
But in early June, the rally came to an end.
The market rose to 1422 points, that is, after approaching the high of the previous wave of market, it suddenly turned sharply.
In the following two and a half months, the market hit a low of 1043 points, just like when it came down from the 1510 high.
Then it regained its stability and began to hesitate and pull the cowhide-like shocking trend.
There is no doubt that this sudden plunge.
Many retail investors who remain optimistic about the market and think that they can set off a new wave of bull market have suffered a lot of losses and losses.
But Zhuo Qun is definitely not among them, he is a leek cutter.
Don't forget, although he can't clearly recall what the specific trend of the market was this year.
But he knew the lowest point of the stock market in 20 years, and he knew that the real bull market only began on May 19, 1999.
That was enough, and he could have relied on it to identify the key turning points.
To put it bluntly, the closer the market moves to the high of the previous round of the market at 1510 points, or the all-time low of 998 points.
The more he knew what he should do.
So, this in itself is a kind of cheating.
With accurate research and judgment of the general trend, Zhuoqun can not only perfectly avoid the systemic risk of the stock market at a relatively high point.
Similarly, you can aggressively raise at relatively low levels to make a profit.
What's more, in addition to that, he also knows the process of our capital market reform change.
We have a good idea of the future 100-fold growth stocks.
He can also recall most of the famous Zhuang stocks in history and understand the speculation logic of ST stocks.
In this way, in fact, as far as investment is concerned, the entire A-share market has no secrets for him.
Even if the market is bad, I'm afraid that for him, he can make money by taking advantage of loopholes.
It's not bragging, if the boss has a discerning eye, let him be the leader of this relevant regulatory department.
He will enable us to build and improve the domestic securities market and avoid taking a detour of 10 years.
And finally, and more importantly, the reborn cheat also gives Zhuoqun a superhuman mentality.
There is a saying in the industry that the stock market is a place against human nature.
Since Zhuo Qun is different, he is the only person in the stock market who can be confident and will not panic.
Then this mentality is a weapon in itself.
It is guaranteed that he will be a big winner that no one can match, and he is destined to complete an investment miracle that no one can match.
For example, Vanke is a stock.
It was a poor year.
Zhuoqun himself did not expect that Vanke would continue to decline from the beginning of the year to the end of the year.
The stock price fell by nearly half, and the market value shrank from 4.5 billion to 2 billion from the bull market.
Even the country's substantive policy of abolishing welfare housing in July failed to save it.
If you just look at the books, including the money from the margin call, he has lost nearly five million in this stock.
To be honest, if this is an ordinary person, it will not be able to bear it for a long time, and maybe you won't even be able to close your eyes at night.
But since Zhuo Qun knows that Vanke's market value can reach 250 billion yuan in 2007, he can happily continue to make up for it.
Even the further down, the more fearless the margin call increases.
Now he has invested 30 million yuan, holding 1.5% of the shares.
has really become a major shareholder who can talk to Wang Shi at any time.
So he didn't even bother to sell high and buy low to reduce the holding cost of this stock.
I just want to hold on and not sell, and simply eat dividends on this stock.
So it's entirely conceivable how huge his gains will be when a stock price reversal comes.
Of course, if long-term investment has some side effects of reducing capital efficiency, it still does not fully demonstrate the benefits of this winner-winning mentality.
So from the short-term investment, and then look at Zhuoqun's winning mentality, the advantage is even greater.
Another typical example is the Zhuang stock of a giant bull that he invested in this year - Sichuan Long March.
The reason why Zhuoqun invested in this stock.
In fact, it was because he remembered this four-yuan junk stock, which would soon be favored by Song Hua, a teacher at the University of Electronic Science and Technology.
Song Hua has his own company, Tuopu Technology, which makes software.
Originally, in history, Song Hua obtained a 48% controlling stake in Sichuan Long March through forward and reverse takeovers.
Since then, it has been listed on the backdoor and renamed Tuopu Software, turning into a technology network stock.
Sure enough, two or three months after Zhuoqun bought it, the stock price began to fluctuate violently.
Since Song Hua began to collect chips, the stock was between four and ten yuan, and there was often a price limit.
Then there will be another two-day sharp drop to shake the position.
Our investment strategy is simple.
It is to follow the obvious band rhythm, dance with Zhuang to make a short line, and pick up Song Hua's wool.
Sell if the limit is up, and buy it when the decline is stable.
He is not like others who can only see the extremely poor price-to-earnings ratio and price-to-book ratio of this stock, and the more he can't understand it, the more frightened he becomes.
It is precisely because he has the bottom in his heart that he dares to sell and buy.
Even if you step on the wrong step for a while, you can adjust and keep up, and there is no possibility of stepping on the empty or trapping.
In this way, when one day, the market has a bearish crash.
Most of the stocks fell to the limit, and only when the Sichuan Long March continued to open the limit.
Zhuo Qun saw it, and did not hesitate to sell the Sichuan Long March in his hand at the price limit.
Later, in the afternoon, the stock was also smashed by a large order.
Others were dumbfounded again, and many people chose to sell the bill.
But for Zhuoqun's habitual operation, it is a good thing that cannot be sought.
So I immediately started to buy in the opposite direction.
As a result, no one expected that it didn't take long for the fall limit of the Sichuan Long March to open, and the limit was closed again.
As a result, this stock has become the first and only one since the A-share market has a price limit limit.
With a 10% price limit, stocks that can theoretically get a maximum return of 33% on the day.
Zhuoqun has also created an investment miracle in the history of A-shares.
He is not a bookmaker, and his income is more than that of Song Hua behind the scenes.
On this day alone, he made a full five million from this stock.
This vote almost made up for all his floating losses in Vanke.
Such a miraculous short-term trader, is there anyone else who can do it except him?
If you really want to talk about it, don't look at the Asian financial industry outside, which has made Soros, an old boy, play badly.
Western financial robbers are forming groups to suck blood from Asian countries through various financial instruments.
But compared with the growth rate of doubling the capital, temporarily trapped in the domestic capital market, Zhuo Qun is the absolute king.
Those who claim to be plundering the West must know that Zhuo Qun has made his own 40 million capital to 130 million in this year, which has more than tripled the value.
It is estimated that I can be embarrassed and ashamed to pee my pants.
Because this rate of wealth growth is too barbaric and capricious!
Of course, just talking about the securities market, this is not all that Zhuoqun has acquired.
The principle he pursues is not that the east is not bright and the west is bright, but that both hands must be grasped and both hands must be hard.
The acquisition of the courtyard house is also being carried out simultaneously, and the results are not ordinary.
With the dedicated help of a few good buddies.
In 1998, in the second-hand housing market in Beijing, about forty percent of the quadrangles that could be seen fell into the hands of Zhuo Qun.
He spent a total of more than 40 million yuan and bought 30 sets of courtyard houses, all over the downtown areas of the east and west cities.
It is entirely expected that in the future, these scarce and high-quality real estate will inevitably become the firm cornerstone of his wealth empire.
PS: I wish you all book friends: Happy Mid-Autumn Festival! I am very touched by everyone's recent support and encouragement. I've been busy lately, and when the adjustment is good, the old books and new books will be updated.