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On January 18, 2002, Wang Qinian hid from the limelight for a few days and returned to the company. Pen, fun, and www.biquge.info

Not long after returning to the partner company, Wang Qinian went straight to the financial department and gave an order: "Sell Sohu and Sina and replace them with NetEase!" For less than $1, buy as much as you want! ”

"Buy NetEase? Why? Sohu and Sina are growing, and NetEase's market share is declining! The company's employees, who are responsible for U.S. stock investment, seem puzzled.

"Because, Sohu and Sina, are very short-sighted! Still obsessed with portals, this uninspired project. And NetEase has transformed into an online game operator! The portal has an email address, relying on the traditional advertising model to make ends meet. However, if you direct cheap traffic to online games, you can quickly make a profit! Wang Qinian said.

"NetEase also does online games?" The finance staff looked surprised.

Of course, "Journey to the West" is a product of NetEase. The game was launched in November and has risen in popularity very quickly. Now it is second only to "Journey to the West: The Great Sage", "Legend" and "Stone Age", and it is expected that it will surpass "Stone Age" soon! In the online game market, now is the stage of making money with your eyes closed! NetEase can have a vision to invest in online games, and the game is not bad! Even if the mailbox and portal are at a loss, the profit of the game is enough to make up for these losses! Wang Qinian smiled, "This year, NetEase will definitely turn around its losses, and soon its profits will surpass those of Sina and Sohu!" ”

A successful online game is enough to rewrite NetEase's loss-making pattern! And in the next few years, NetEase will not only launch "Journey to the West", but. There will also be a series of successful games. For example, "Fantasy Journey to the West" is even more successful than "Journey to the West"!

Portals and mailboxes, let NetEase have traffic!

And online games can turn traffic into profits!

It is difficult for China's Internet industry to make money, and countless companies have engaged in a bunch of traffic and users, but they can't make money, and after the capital chain is broken, they hit the street with a bunch of regrets.

Online games have gone through the test of time for more than ten years, and they are the easiest props for enterprises with traffic and users to turn traffic into profits.

Future. China's Internet industry. The development is very deformed. It is difficult to see profits by only seeing users and traffic for a long time. Online games are one of the few industries that can turn traffic into profits.

Traffic + Online Games = Profit!

Later, this became almost common sense!

That. Portals make money from online games. Instant messaging also makes money from online games. Download software depends on online games to make money, player software depends on online games to make money, and security software depends on online games to make money......

Enterprises that occupy users in different ways. but invariably relied on online games to make profits.

Without online games, there would be no prosperity of the Internet in China.

The vast majority of client software and websites are online games to support them.

Even, later, many Internet companies, after accounting for a large number of users by relying on unprofitable application circles, the purpose is to make online games!

60,000 shares of Sina and 70,000 shares of Sohu were invested after 911, and the cumulative investment was only more than 100,000 US dollars. But after the sell-off, he cashed out about $1.2 million in cash, making nearly 10 times as much!

This is actually the light of the stock market crash!

As Warren Buffett admitted, he likes stock market crashes, because of the stock market crash, his parents lost their jobs, and they began to have time to give birth to him. Because of the stock market crash, you can buy stocks cheaply and make a lot of money! The opportunity for windfall profits is not created by a booming bull market. It was a stock market crash, a bear market that fell out.

Every investor, as long as he lives long enough, will always encounter a bunch of large stock market crashes and small stock market crashes in his life. Depression, sluggishness!

This kind of environment is undoubtedly a business opportunity for those who are prepared!

In making sure that the country will not collapse, and that the general trend of the human economy is, in the long run, always growing upward. So...... In the event of a stock market crash, after the stocks are very cheap, it is natural to buy, buy, buy!

For some valuable company stocks that are cheap enough, sweeping is fine!

Wang Qinian follows this law - people are extremely pessimistic, and when the valuation is sluggish and can no longer be sluggish, buy, buy, buy!

Of course, this kind of buying, buying, buying cheap stocks may make a lot of returns. But as the market starts to improve, yields can be mixed.

For example, it is not uncommon for Chinese concept stocks to rise tenfold later. Most of the portals have risen dozens of times, but there are also Chinese concept stocks that have gone bankrupt and delisted like China.com.

Therefore, after the stock market crash, in fact, risks and opportunities coexist. Ordinary investors can choose not to put their eggs in one basket, and avoid some black swan risks by diversifying their investments.

And Wang Qinian is - the one who avoids the rise is less, and the one who buys the most rises!

Chinese concept stocks, after the NASDAQ bubble, rose much higher than the NASDAQ average!

Among the Chinese concept stocks, there are naturally the leaders who have risen the most!

NetEase is the leader in this round of NASDAQ Chinese concept stock rebound! The increase is more than 100 times, and it will be achieved in the next year or so, such a retaliatory increase, I am afraid that the founder of NetEase will not expect it!

$1.2 million is enough to buy more than 1 million shares of NetEase, equivalent to about one percent of NetEase's shares.

For a company like NetEase, Wang Qinian would prefer to take a controlling stake if it were possible.

But he knows that it's almost impossible! The founder of NetEase, after more than ten years, is still firmly controlled!

However, Wang Qinian doesn't care about these - he is just speculating in stocks!

If it goes up, sell it and cash out!

If you can hold a controlling stake, you can only be a shareholder!

If you can't control the situation, being a speculator is more cost-effective than a long-term investor.

Because, in the case of holding, you can completely control the company's assets and cash flow, and you can make the holding company more in line with the strategies of other companies and industries, so that you can obtain more excess returns than ordinary shareholders.

"Boss, buy NetEase all, what if NetEase is delisted?" The employees were trembling.

"Delist, delist!" Wang Qinian said with a smile, "Even before the listing, venture capital investment in NetEase will not be cheaper than the current price!" ”

In the next few days, the partner company sold a part of its positions in Sina and Sohu every day, and then bought a part of NetEase. Basically, the buying price is below $1.

In the end, after selling all the Sina and Sohu shares, NetEase has more than 1.47 million shares of NetEase. It has exceeded 1% of NetEase's total share capital!

After seeing that the bottom-buying operation had ended, Wang Qinian ordered to lock the position. This part of the position, at least for the next year, will not move...... (To be continued.) )

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