Chapter 215: The 911 Incident (2)

On September 17, 2oo1, it was more than 10 o'clock in the evening China time. In the United States, it's half past nine in the morning. The New York Stock Exchange opened with a plunge in the Dow Jones Industrial Index,,,!

The Dow ETF bought by Wang Qinian is the exact opposite of the index. The index plummeted, it skyrocketed. Triple leverage, corresponding to a triple increase in the index.

Of course, Wang Qinian knew that after 911, US stocks and global stock indexes would plummet. Countless investors around the world, as long as they are experienced and do not need to be reborn, will quickly judge that the probability of making a big profit by breaking the line short is very large.

Countless investors around the world are grabbing various short-selling investment targets. Including, short individual stocks, short stock index futures, and of course, some people choose to buy short ETFs!

Wang Qinian was slow to start at the opening, and ETFs that triple shorted the Dow Jones have risen by more than 1o%. But even though it soared, it still gritted its teeth and bought, and at the end of the day,.

"It's really falling!" Some of the company's employees looked surprised.

The 911 incident broke out, and many employees also laughed about it, and the stock market was about to fall. However, there are very few people who really dare to take action to short. After all, there are not many people in the company who understand finance, and even fewer who understand overseas financial markets.

In fact, Wang Qinian's understanding of the complex overseas financial market is also very limited, but under the general trend, as long as he does not go against the general trend, most of them can make money.

Moreover. Wang Qinian chose an ETF that was triple shorted, which was indirectly shorted. Theoretically, it is difficult for this kind of passive ETF to have the possibility of liquidation. Choosing to buy an ETF is much less than shorting the stock index yourself, but the risk is also much lower.

Because, after 911, Wang Qinian reflexively opened a U.S. stock account and went short.

So. He can earn!

A lot of people are interested in this kind of event. The reflection is half a beat slower, so this money can't be earned!

Some people even choose the wrong investment direction, and even lose a lot!

Du Jie suddenly remembered. Wang Qinian was in his early years before making his first film. I once speculated in A-shares. And, it's very profitable. However, after filming "The Gate of Destiny". Wang Qinian's emptied stocks.

"If Brother Nian doesn't make movies and start a company, just speculating in stocks, it is estimated that he can become a figure like Buffett and Soros!" Du Jie told Wang Qinian's experience a few years ago when the A-share market was not very good, but he was still able to make money against the market.

A few years ago, Wang Qinian bought stocks in A-shares and made money by going long.

And now Wang Qinian is speculating in U.S. stocks, whether he chooses to go short, or can he make money.

Longs, shorts, make as much money as you like. Well, to put it mildly, if Wang Qinian had specialized in stock speculation, he would indeed have the possibility of becoming a stock god.

"Boss, tell me to speculate in stocks!" Many people in the company coaxed and said.

"If you don't understand, don't try to learn in the future! In fact, the financial market eats people and does not spit out bones! Wang Qinian smiled, "The current stock market can't be said to be a lot of junk stocks, but at least the companies that are too expensive to value account for the majority, and it is not a good time to invest." A large number of companies, with a price-to-book ratio of five or six times and a price-earnings ratio of sixty or seventy times, basically do not have investment value if they cannot maintain an annual growth rate of more than 5o%. And I run a company, and the growth was less than 5o% that year?! This year's earnings growth of the company may be tenfold! With that big bull stock, how does the growth performance compare to ours? ”

Everyone has heard that there is no doubt about the growth of the small partner company.

At the beginning of its establishment, it was only a million yuan, but it is optimistically estimated that even within this year, the company's assets will not reach hundreds of millions of yuan. In the first quarter of next year, it should also be able to have hundreds of millions of assets. Moreover, now the online games of the small partner company are almost like a money printing machine, earning at least six or seven million yuan every month.

It can be said that now the profits of small partner companies relying on online games may be higher than the profits of all domestic film companies.

From the success of the movie, to the profiteering online game of the money printing machine. No matter how you think about it, it is more profitable than pure stock speculation.

Moreover, Wang Qinian has also thought about it, there is no industry, just speculation, and the scale is relatively small, it doesn't matter. A certain amount of time to be bigger, for example, to achieve hundreds of millions, and then to operate willfully, will definitely be investigated by people with intentions. Frequent short-term trading, amazing profits, even if they say that they have no inside information, say that they do not do dealer manipulation, who believes it?

Long-term holdings, even if you have Buffett's general stock selection ability, you have to stay up until you are seventy or eighty before you start to shine.

And making movies and running companies are supported by industrial profits. In this way, occasionally speculating a few handfuls in the financial market, as long as it is not a frequent transaction, there is no suspicion of being a banker, there is basically no problem.

To put it simply, industry is the foundation of evergreen. Speculation is about this kind of thing, occasionally playing, to increase the company's finances and increase some income.

Although Wang Qinian does not pay much attention to the profits of financial investment, he clearly knows the opportunity of huge profits and does not participate at all, which is a bit hypocritical.

For example, after the 911 incident, shorting U.S. stocks made money almost with your eyes closed.

After that, the U.S. stock market was full of gloom, and many stocks fell out of value, so you can choose to go long.

In particular, the NASDAQ, during this period of time, can be said to be full of gold, choose any kind, survive the collapse of the Internet bubble, companies that have not died, can generally get a better harvest. And if you invest in Chinese concept stocks, you may usher in a bumper harvest!

On September 21, the Dow Jones index fell to 8235 points, a weekly decline of more than 14%!

Wang Qinian liquidated the leveraged fund that was shorted three times, took stock of the profits, and roughly made a profit of 30,000 US dollars. Of course, if Wang Qinian chooses to short aviation stocks, he may make even more profits. For example, United Airlines, which led the decline, fell 6o percent in a week, and if it is shorted, it may get a huge return.

However, the aviation stock is definitely monitored by the US intelligence service, and there is no need to make a little money and attract attention. In particular, shorting has a bad reputation.

Of course, after 911, it wasn't just the U.S. stock market that plummeted. The world's financial markets, in a week, lost at least $3 trillion in market value.

And the follow-up impact will make the world at least vaporize 1o trillion dollars of wealth!

However, Wang Qinian knows that although 911 led to a stock market crash, in fact, for many investment targets, the events of the past two years have fallen a lot, and now it has fallen to the floor price.

Chinese concept stocks listed on the NASDAQ are generally very cheap. For example, NetEase listed on the NASDAQ in June 20oo, and after that, it continued to fall with the collapse of the NASDAQ. By September 5, 2oo1, NetEase fell below $1 because of its financial crisis. In addition, it was suspended for investigation and suspended until 5 months later, when NetEase resumed trading.

Of course, after the resumption of the transaction, NetEase also began to announce in 2oo2 that it was financially profitable. Since then, the assessment has repeatedly reached new highs, not only rising above $15, but also rushing to $1oo.

It can be said that Wang Qinian registered a U.S. stock investment account and shorted the index in a short time, but second.

The real intention is to speculate on Chinese concept stocks in the NASDAQ market. In particular, five months later, the NetEase stock resumed trading.

Of course, NetEase is now suspended, and Wang Qinian can't invest.

Fortunately, there are also Sina and Sohu, these two stocks are similar to NetEase, and they all ushered in the collapse of the Nasdaq bubble after listing, and plummeted in the muddy and sandy market! Subsequently, Sina and Sohu fell below $1 successively, and will usher in a rise of dozens of times in 2oo2.

At the end of September, after clearing his short positions, Wang Qinian bought 60,000 shares of Sina and 70,000 shares of Sohu in his U.S. stock account. And next year, after NetEase resumed trading, it switched to NetEase.

This kind of small capital, operating US stocks. It has little impact on the main business of the partner company for the time being, but when the harvest period comes, it will also bring huge financial benefits to the partner company. (To be continued......)

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