Chapter 15 Talking about Stocks and Gold

"Zhang Shaojie, you cow!"

Chen Shaohe saw Zhang Shaojie standing in front of the screen watching the market, and gave a thumbs up and praised.

Zhang Shaojie smiled: "It's just luck!" Now, Jianing Group is putting on a posture of wealth and arrogance, and the whole of Hong Kong is impressed by Jianing Group. Although Hanmei is a junk stock, it is expected to reorganize Hanmei's business because of Jianing's backdoor listing, injecting high-quality assets, and restructuring Hanmei's business! There is a slight wind and grass, and sensitive capital must be crazy to buy chips! ”

Chen Shaohe shook his head and said, "I still don't understand where Jianing's money came from." Business income? A company that can have one billion, needless to say 1 billion, is 500 million assets, in Hong Kong, it is impossible to be so low-key for so many years! As for bank loans, I don't see what Jianing uses as collateral guarantees! I don't understand the company's stocks, I resolutely don't touch them! ”

Rational thinking is an excellent quality to be respected.

Sometimes, however, financial markets are just so crazy and just so irrational.

In a runaway bull market, even the most typical junk stocks often usher in crazy speculation. What's more, there is a good expectation of asset injection behind Hanmei's enterprises.

Zhang Shaojie nodded and said with a smile: "If you want to choose a securities broker, you need a stable object like you." However, if you are looking for a good trader, then you will definitely not be looking for you! ”

Chen Shaohe smiled bitterly and suggested, "That's right! You've earned 25% and can catch up with Wall Street's investment guru Mr. Warren Buffett, a year's return on investment. Is it necessary to stop in moderation, sell stocks, and lock in profits? ”

Zhang Shaojie shook his head and said, "No! If you go to draw a candlestick chart, you should know that the bottom of the dry land plucking onion like a long white candlestick. Watch for a few more days to see how strong the bullish candlestick is! As long as the short-term holds this positive line for a few days, the market outlook will still be able to rise again! When the time comes, think about selling! ”

Chen Shaohe looked stunned and said, "Do you still know K-line technology?" ”

Before the Internet era in the 90s of the 20th century, icons such as K-line technology had to be drawn by hand. Therefore, most investors in this era feel unfathomable about K-line technology.

However, after the popularization of the Internet in the future, this kind of technical indicators can be automatically obtained through software. Even, some software that is open to writing indicators can write manuals according to the indicators of the software, and write some indicator formulas by themselves. It is precisely for this reason that in the later Internet era, on some stock exchange forums, there are hardcore formula enthusiasts who upload their own formulas written or collected from other places every day.

In his previous life, Zhang Shaojie was also fascinated by thousands of technical novel technical indicators, but later he thought that all indicators are just some data calculated according to the addition, subtraction and subtraction of mathematical formulas, and then analyze these data to judge "buy" or "sell".

If those indicator companies can really make a profit, then programmers can write a set of indicators by themselves, so that the software can automatically make money from stocks, so why bother to sell software and indicators?

It is the realization that all mathematical formulas and investment ideas have their insurmountable flaws. Therefore, Zhang Shaojie deleted the tens of thousands of index formulas collected from the Internet, and returned to the basics of his ideological realm, focusing on long-term patience to hold high-performance stocks with stable performance and cheap valuations. Although this cannot obtain amazing returns, the continuous holding of shares for 30 years has also benefited Zhang Shaojie a lot.

Hear the praise of the stockbroker.

Zhang Shaojie smiled and said, "It's just a small skill of carving insects." ”

Chen Shaohe couldn't help but itch and wanted to test Zhang Shaojie's investment philosophy.

In theory, Zhang Shaojie is not afraid of him, and his mouth is "the bull market is heavy, and the bear market is heavy". It is recommended that if he wants to recommend stocks to clients during a bull market, he should recommend star stocks and popular stocks. In a bear market, if customers have to consult, they recommend blue chip stocks of large companies with low price-to-earnings ratios and low price-to-book ratios and reasonable valuations.

Then, looking back on history, it is said that decades ago, the investment genius of Wall Street, Levine Moore, became famous as a teenager, but he did not learn and did not know how to speculate on stocks, and made a lot of money by trading stocks with experience and feeling, and finally encountered Waterloo, penniless, and died depressed.

After the Great Depression triggered by the Great Depression triggered by the Great Crash on Wall Street in '29, Wall Street investment experts reflected on the Great Crash of '29. Gann's charting technical analysis, as well as Graham's value analysis. Two different philosophies, each with its own leadership, are widely studied and worshipped.

After World War II, Wall Street, and even the global investment market, was basically dominated by the two major concepts of value investing and technical analysis.

Looking forward to the future, Zhang Shaojie is also very talkative, and in the future, personal computers, the Internet, and software stock speculation will be the general trend

Regarding Zhang Shaojie's mouth full of running trains, Chen Shaohe is naturally suspicious.

I believe that Zhang Shaojie talked about some investment ideas, and what I suspect is that Zhang Shaojie predicts what "Internet", "personal computer", and "stock trading software" will be in the future

"Don't think I'm talking about science fiction." Zhang Shaojie smiled.

"Cut, it's all predicted that the future of science and technology will develop, and it's not science fiction!" Brother Chen expressed contempt.

chatted with Chen Shaohe for a while.

Soon, Chen Shaohe was busy dealing with big customers, and he didn't have time to accompany Zhang Shaojie to talk nonsense with such a small customer.

Zhang Shaojie wandered around the business hall by himself.

In this era, the Hong Kong stock market already has some electronic devices to assist in checking the market.

However, there are only a few large brokerage firms that can provide real-time rolling quotes.

If you want to track and check the market price of a certain stock on a regular basis, that is only the privilege of large customers.

Sun Hung Kai's large customers have a trading room with reading power, which can have better electronic equipment to provide customers with the ability to check the market at any time.

In the open business hall of Sun Hung Kai Securities, Zhang Shaojie was bored with the observation screen.

From time to time, some well-known stock names come into view, which makes Zhang Shaojie feel very excited, such as "Wharf", "Wheelock", "Hutchison Whampoa", and several other companies.

"Wharf" and "Wheelock" are the next few years, Bao Yugang focused on hunting, charter ship king magnificently acquired two companies, although the cost was high, but in the following years the operation was extremely stable, the performance rose steadily, becoming a well-known performance stock.

Hutchison Whampoa, on the other hand, lost confidence in the company because of the long-term business downturn, and HSBC, the major shareholder and largest creditor. In order to ensure the interests of his debts and equity, HSBC lent his "Hutchison" shares to Li Ka-shing, and asked Li Ka-shing to repay the principal of the shares he borrowed in installments.

In this way, HSBC handed over the management of Hutchison to Li Ka-shing and gradually faded out of Hutchison Whampoa.

Li Ka-shing lived up to HSBC's expectations, and in the following years, after Li Ka-shing's rejuvenation, Hutchison Whampoa not only turned around its losses, but also gradually became a blue-chip stock with excellent performance. More than 30 years later, Hutchison even swelled from a giant with net assets of more than 300 billion yuan from only 4 billion yuan when Li Ka-shing took over.

There are hundreds of high-growth bull stocks in the market, and Zhang Shaojie is dazzled by it!

In fact, at this time, he bought many stocks with his eyes closed, and it was still very easy to earn a hundred times after thirty years. Of course, those excellent companies rarely have short-term stock surges, and generally perform very mediocre in the stock market within a year or two, but after a decade or even more of testing, the company's earnings have been stable, so that the stock price slowly rises with the release of performance.

Zhang Shaojie silently compared, and said in his heart, within this year, there is no stock that will be more profitable than "Hanmei Enterprise (Jianing Real Estate)", so he stopped his heart and decided to keep this demon stock wholeheartedly!

He has made up his mind that in the first half of this year, as long as there is a new manuscript fee, he will continue to buy Hanmei enterprises. In fact, Zhang Shaojie can't find it, that investment project will be more profitable than buying this demon stock!