Chapter 278: Take a bet
"Son, you don't understand. β
"Uncle, you don't understand. β
Hearing such a conversation, Young Master Wang almost laughed, and secretly gave Yu Yue a thumbs up in his heart, and he was strong.
Wang Sheng was stunned for a moment, and then laughed.
It's not sarcasm, it's just unexpected, and then laughs knowingly.
"I don't understand, then what can you say?" Wang Sheng said with a smile, not angry, only curious, although he thought that Yu Yue was a little rude, and a little arrogant, but young man, you can forgive.
Yu Yue said: "I won't show off to Uncle Wang, so as not to grandstand, just to put it simply, now there are more and more people watching movies, and more people are willing to go into the cinema to pay. Consumption, the domestic film market is slowly opening, and there is even a trend of catching up with the United States, the stable development of the domestic economy will continue to continue this situation, that is to say, the film market is far from saturated, there is a lot of room for growth, and it will continue to rise sharply, so this industry is promising, of course, film is a corner of the entertainment industry, and the same is true as a whole. β
Wang Sheng nodded: "You're right, then I can understand it like this, all industries are promising, such as pig breeding, now the people's living conditions are better, unlike in the past, when life was tight to save life, everyone can eat pork, so let's raise pigs?"
The movie and pig raising were actually pulled together, and Yu Yue was a little confused.
However, he understands what Wang Sheng meant, in his opinion, according to Yu Yue's view, the overall development of the country will drive all industries, and movies are not a special case, just one of them.
Yu Yue was a little confused, and for the first time he felt that he had met an opponent, because he couldn't use a very professional, or even economic knowledge to support his own views, and if he didn't show off the profound, it was because he didn't know the profound, he understood that the film industry would develop vigorously.
Because that's the result, but right now, he can't give a reasonable reason.
Yu Yue, who was helpless, was still unflustered, and said: "What you said makes sense, but the cake of the film and television industry is bigger and the income is more objective, even if it is only one percent, it is more than ten percent of the pig farming, I am talking about the rate of return." β
Wang Sheng smiled slightly, although Yu Yue insisted on his own point of view, he saw the flaw, and said: "There are many high rates of return, you may not know, I am also engaged in investment, and there are many projects, not to mention all walks of life, but at least the coverage is very wide, and the film industry is the only industry I never want to touch again, so I would rather take money to invest in other things, and I will not choose film media and the like." β
Yu Yue keenly captured a piece of information, he touched it, but he was not ready to touch it again in the future.
There can only be one reason, the loss.
It's not just a loss, but he sees something.
"Uncle Wang, that's the past, it doesn't mean the future, I mean the film industry was really bad in the past, but the future is not like this. Yu Yue said.
"The essence doesn't change. Wang Sheng said.
Yu Yue was puzzled: "Why?"
Wang Sheng didn't rush to give an answer, but asked: "In this way, you talk about your development plan first, of course, don't say that a rising sun will make you earn enough to support the first pot of gold to support the stall, if so, I don't think there is any need to talk about it, don't talk about them, even if you give you a king, it's not enough, and you can't set up a stall, let alone grab cakes with those big companies to eat, you can't develop at all." β
Yu Yue said: "The sunburst is just my breakthrough, I want to use them to make some fame, and then accumulate some contacts, I don't expect them to bring a huge amount of money enough to support the company's sailing, in the short term, I want to invest in movies, that is, through the accumulation of cooperative contacts to find a way, so as to invest, and at the same time sign a contract, cultivate artists, and..."
"Okay!" Wang Sheng suddenly stopped Yu Yue: "That's enough, needless to say in the future." β
Yu Yue realized something, it seems that there is a loophole here, what is the problem?
"Invest in movies, hehe, okay, then I'll tell you about film investment. Wang Sheng smiled and lit a cigarette: "You mean to directly take out the funds to invest in movies, right?"
Yu Yue nodded when he heard this.
Wang Sheng said with a smile: "Do you know the income from investing in movies?"
Yu Yue hesitated for a moment and said, "You say." β
"For example, the film investment cost 10 million, and the movie box office is 100 million, do you know what the profit is?" Wang Sheng asked.
"I don't know exactly. Yu Yue said.
Wang Sheng smiled and said, "You don't even know that you dare to talk about investing in movies?"
Yu Yue was a little embarrassed, and he wasn't very well prepared.
"Then I'll tell you about it. Wang Shengdao: "The box office income from the theater accounts for the majority, and then there are various taxes paid, the proportion is also not small, you can just find a professional to ask, all in all, the income in the hands of investors is only 30 to 40 percent, so sell a box office of 100 million, you can only get 30 million to 40 million, excluding investment, that is, more than 20 million." β
Yu Yue frowned slightly, so little......
"It's not as much as the theater chain, of course, it's reasonable, but what I really hate is those taxes. Wang Shengdao.
Yu Yue nodded: "But there is still a profit." β
Wang Sheng smiled: "This is the first point, and the second point, do you know the rule of twenty-eight?"
Yu Yue said: "You know, 20% of domestic films are profitable, and 80% are loss-making. β
Wang Shao was stunned when he heard this,, this proportion, is it still dry?
Wang Sheng was also surprised: "Do you know that you still have to invest in this? It is better to gamble than this ratio, I would rather take five million to gamble, and the income is more than this." β
Yu Yue said: "Investment requires vision, doesn't it?"
Wang Sheng was stunned for a moment: "What you say is no different from a gambler saying that I am good! Movie tycoons do exist, but they are not simply investing in movies, they are doing the film industry, if you develop and mature, and really become a film and television company, I believe that you can make money and share the cake of this industry, but if you want to rely on investing in movies to obtain development funds, this is impossible!"
Yu Yue shook his head: "I am confident that I can make a profit on investing in movies, and it is quite a considerable return." β
Wang Sheng couldn't help but smile again: " Boy, you don't know the inside story of the film industry at all, let me tell you, no one relies on simple investment in movies to get profits, for example, a big film and television company, he does not simply calculate the box office income when he releases movies, they may invest 10 million to make a movie, and they may lose money in the end, but they use this movie to cultivate artists, let artists gain exposure, and then become popular, and then rely on artists to make money, so they may lose money on a movie, but in the long run, they make money, and there are other benefits, such as advertising fees, such as selling TV copyrights or something, there are these potential benefitsγ And a person like you, who simply invests in movies, rather than distribution, belongs to the ranks of co-investment, can only participate in the box office share, and has no other additional income, so normally speaking, if you invest in ten movies, eight will lose money. Then you may have to ask, why are there still people who follow the investment, let me tell you, there are only two kinds of people who really choose to follow the movie, one is to launder money, and the other is those investment companies, of course, they invest not to obtain profits, but to make a name for themselves, looking for a receiver, similar to hyping their own popularity, and have a good appearance. β
Hearing Wang Sheng's explanation, Yu Yue and Wang Shao on the side were surprised, Yu Yue really didn't know so much, he didn't know these famous halls, and Wang Shao felt that he was really knowledgeable, and he also understood why his father didn't support him, and he didn't invest in it anymore.
Wang Sheng looked at Yu Yue with a smile: "Young man, business is not as simple as you think, you don't think anything makes money, you have to do serious research before entering the market, you have to walk in and have a look, instead of standing outside the door whimsically, you may not like this word, but I mean well." β
Yu Yue nodded: "I know, thank you uncle." β
Wang Sheng was quite satisfied and nodded: "Actually, you are still good, at least you have vision, and self-confidence is also a good thing, but remember, people can't fully trust their own vision, which is no different from believing in luck, and you must analyze the market from a scientific point of view." Indeed, many people are willing to say who has a unique vision and is powerful, but do you think this is really the case? Warren Buffett, do you think he has reached this height by his vision and feeling? People have their own scientific theories, and there are a large number of mathematical models to support him, so that he is above most people, so he can become a god, and then for example, do you know how casinos make money? Or how do master gamblers win? They don't rely on luck, even strength accounts for a small part, what can really be relied on is scientific calculation, a game depends on luck, but after thousands of rounds can make profits, it must rely on calculations, the same is true of casinos, very esoteric..."Wang Sheng suddenly smiled: "I'm sorry, it seems to say too much, because I like to gamble, but I think you should understand, you are studying art, not economics, if you really want to start a business, you should read more economics books." β
After listening to the tirade, Yu Yue nodded: "I was taught uncle." β
Wang Sheng smiled and shook his head, he thought that Yu Yue was persuaded by himself, and said: "I hope today's conversation can help you, because I do think you are not bad, at least the Rising Sun Sunshine is right, the income is very rich, rely on this fund, enrich yourself, the future may be promising." β
Wang Shao also thought that Yu Yue was convinced, he knew that his father was very busy, so he stood up and said to Yue: "Let's go, let's eat." β
Yu Yue stood up and looked at Wang Sheng.
Wang Sheng thought he was going to say goodbye, and looked at Yu Yue with a smile, ready to respond.
But what Wang Sheng's father and son didn't expect was that Yu Yue did not say goodbye, but said something that surprised the two.
"Uncle Wang, you like to gamble, and so do I, why don't we make a bet?"