When the moderator heard this, he asked:

"What does Mr. Lu mean is that judgment is the most important factor in success?"

Lu Shangwen nodded:

"I think that keen judgment is a very important factor in determining the success or failure of a person or a thing, this kind of judgment not only includes the judgment of the development of things, but also includes the grasp of the timing, etc., otherwise the judgment is right, and the timing is not well grasped to cut in, it is also difficult to achieve success......

The host nodded with a smile and said:

"Mr. Lu is right, geniuses also need a platform, and your grandfather provided you with such a platform, so that you have the opportunity to perform, but with a platform, you also need to create yourself, now everyone calls Mr. Lu the god of stocks, in addition to keen judgment, can other Mr. Lu share it with us?"

Lu Shangwen spread his hands and said:

"I don't think I'm a genius, let alone a god, and the so-called genius can only grow faster than others on the basis of hard work. Pen ~ fun ~ pavilion www.biquge.info

The reason why I invested in the Hong Kong stock market is that the most basic judgment is the domestic economic fundamentals, the depreciation of the US dollar and the loose monetary policies of various countries.

As for stock selection, I and Chinese people are used to chasing up and not chasing down, I like people to abandon me, such as Skyworth Digital, I have always been quite optimistic, at the beginning of the year, the global stock market downturn, many small companies in Hong Kong stocks have few investors to pay attention to, at that time Skyworth Digital's price-earnings ratio was only two or three times.

But I know very well that China's TV industry is changing, and consumers are replacing CRT TVs with flat-screen LCD TVs, and Skyworth Digital is the leader in this industry and will be the biggest beneficiary of this TV revolution.

Since then, as Skyworth Digital has continued to gain recognition from the capital market, the company's stock price has also soared last year......

For example, at the beginning of the year, I paid attention to China's investment in the 3G industry, and Comba Communications has a considerable share in the industry, and this stock has also risen six or seven times...... In short, it is necessary to have enough understanding of the real situation of the stock you want to buy, which is the foundation, otherwise the judgment made may be wrong......"

Lu Shangwen stopped as he spoke, smiled and said:

"About the stocks, I have talked a lot, today is the last answer of the summary statement, in fact, I am really not interested in stock speculation, I entered the stock market purely is one of the investment options, to be honest, the outside world calls me a genius, or a stock god, I basically have no feeling, stock speculation for me has no sense of achievement, because the stock market is a zero-sum game, someone makes money means someone must lose money, I feel like driving a combine harvester to harvest crops."

The host couldn't help but smile when he heard it:

"Mr. Lu, your stock trading is the same as wheat harvesting, you don't have a sense of accomplishment?"

Lu Shangwen nodded:

"Not only do I have no sense of accomplishment, but I also feel a little guilty, because I feel like I have harvested someone else's crop......"

Lu Shangwen's words couldn't help but make all the guests present laugh and bend over.

The moderator pulled the center of the conversation back at the right time:

"What does Mr. Lu mean is that he feels that the stock market does not directly create value, so he has no sense of accomplishment?"

Lu Shangwen nodded:

"Yes, although the stock market is a kind of capital allocation and resource allocation, it is estimated that because I am young, I feel that I really want to do it as a career, and I don't think it is interesting, so this will only be used as an auxiliary investment direction in the future......"

The host couldn't help but laugh when he heard it:

"Let's see that you can legally drive a combine harvester to harvest other people's crops, I guess the shareholders present are desperate, Lu Shangwen thinks it's not interesting, Mr. Lu's realm is different......"

These words immediately made the guests laugh again.

The host smiled and said:

"Since Mr. Lu uses stock speculation as an auxiliary investment, what is Mr. Lu's main investment direction?"

"Mainly including venture capital including equity investment, is to give those who have the potential and encounter difficulties in the enterprise to send charcoal, according to the popular saying, we are to lack milk for the child as a nurse, although the child is someone else's, we are just for milk, but watching them drink our milk to thrive, it will feel very good, and there is to provide enough funds for those start-ups with potential enterprises, so that they can break out of the shell, stand out, and be their incubator, I think it's interesting......"

Lu Shangwen's metaphor made everyone laugh again.

The host also smiled and said:

"This is the new generation of entrepreneurs, the way of thinking is very different, since Mr. Lu is more interested in equity investment such as venture capital, we have also invited some of the leaders of the enterprises that you said are still not hatched in the eggshell or have just been hatched. Welcome......"

After the host finished speaking, he asked one of the guests:

"Mr. Kang, as a bystander engaged in research, do you think that if you were an investor, you would definitely look for good projects, so what kind of projects would you invest in as good projects?

There are two points that I think are quite important, one is that the technical content should be high, and the entry rate should be high, so that this industry and this variety will have strong competitiveness. The second point is that we want high returns, and as any investor, the most critical issue is returns. I think it's in the nature of an investor to seek the greatest returns. ”

"Mr. Lu, I think before investing, as an investor, you will definitely look for good projects, so what kind of projects will you invest in as good projects?

Lu Shangwen said:

"The development potential is very large, the market is very large, there is a good business model with good growth, and this space for development is a very important factor, and such a project is naturally the first choice."

Compere:

"If you don't have all of that, what do you value most?"

Lu Shangwen said:

"Core competitiveness, that is, there are things that others do not have, if this is not obvious, then at least there must be a little bit of creativity, to be a little interesting."

The moderator asked:

There are two points that I think are quite important, one is that the technical content should be high, and the entry rate should be high, so that this industry and this variety will have strong competitiveness. The second point is that we want high returns, and as any investor, the most critical issue is returns. I think it's in the nature of an investor to seek the greatest returns. ”

The moderator nodded:

"Venture capital as the name suggests is a risky investment, according to the law of the market, the greater the risk, the higher the return, I say a number, according to the current market value, SoftBank investment in Ali has obtained hundreds of times the income, if it is listed, it is thousands of times the income, so, you don't think that Mr. Lu gave up the stock market is just meaningless, in fact, he has greater ambitions."

(To be continued.) )