Chapter 120 Count the money until your hands cramp
On January 13, 2000, the NASDAQ index broke through 5,100 points, surpassing the peak of 5,048.62 points in the previous life, and this point in time was also more than a full month earlier than the previous life.
Seeing the prosperity of the NASDAQ, Su Zhen couldn't help but feel that he had withdrawn too early, but soon, he didn't think so.
On the morning of Friday 14, the NASDAQ stock market opened its doors on time as usual, and many investors poured into the trading floor. Even throughout the morning, the entire stock index continued to rise in a thriving manner.
However, at one o'clock in the afternoon, the stock market had its first shock, and the stock index instantly fell by 200 points, falling below 5,000 in an instant, but it was quickly pushed back until the market closed that day, and it returned to 5,000 points.
On Monday, the 17th, as soon as the market opened, the entire NASDAQ began to fall sharply, for the collapse of high-tech stocks, opened the prelude, as of the close of the day, fell 200 points, and in the following days, the entire stock market continued to fluctuate sharply between the limit, but under the irrational crazy selling of stocks by shareholders, the stock market still couldn't stop falling sharply.
After the stock market officially began to fluctuate sharply, Su Zhen and Rachel finally breathed a sigh of relief, Rachel was a little incredulous, Su Zhen's judgment was obviously correct, and Su Zhen secretly sighed, the stock market is too tempting, and gambling is like making you want to stop.
In fact, there are many people who observe the abnormal prosperity of high-tech stocks, but they are reluctant to give up the rising stocks, thinking that they will not be unlucky to be trapped, but when they really realize that something is wrong and want to withdraw, it is too late.
At the beginning of March, the stock market officially fell below 4,000 points, and in just two months, more than a dozen companies have gone bankrupt. Several companies have delisted, but this is just the beginning.
Originally, March was supposed to be the time for the release of the Forbes Global Rich List, but that month Forbes announced that because of the shock of the Nasdaq, the rich changed greatly, so it would postpone the release of this year's rich ranking.
But at this time, Su Zhen was no longer interested in caring about the situation in the stock market, and he was now a little worried about how to spend money.
The proceeds of investing in the Internet over the past two years. Coupled with the income from ranching and investment in the film and television industry, his assets have successfully exceeded 10 billion, and now there are more than 9 billion in cash, lying quietly in the bank, for this reason, Su Zhen's personal account manager of Citibank harassed Su Zhen for three days, which made Su Zhen annoyed, and threatened to change the account manager before the other party died down, and now Su Zhen is his cash cow, he naturally has no courage to offend Su Zhen.
made a fortune. Su Zhen naturally will not treat his subordinates badly, and all employees of Hongfeng Investment have received high bonuses of tens to millions, making all employees shout Long live the boss, and the bonuses of some high-level executives are as high as tens of millions. And the same great hero Rachel. Su Zhen was naturally more generous, waving his hand to buy a 6.7-acre castle-style estate in Hillsburg in San Francisco for 30 million and giving it to Rachel as a reward, in addition to Rachel also received hundreds of millions of dollars in dividends, you must know that she has 5% of the dry shares of Red Maple Investment. So she suddenly became a real rich woman, but Rachel did not have the idea of setting up her own door, but believed it more. As long as he continues to follow Su Zhen, sooner or later he will have a place on Forbes, so his feelings for Su Zhen are more enthusiastic, and he is even more demanding of Su Zhen, so among the mansions he bought, Su Zhen and Rachel have been in the sky for several days, until Rachel can't get out of bed at all, anyway, at this time, there is only a small part of EBAY shares left in the hands of Hongfeng Investment, and Google has not yet been publicly offered, Su Zhen and Rachel simply gave the whole company a long vacation, Naturally, the employees were happy to take their families on vacation with bonuses.
With so much cash, Su Zhen wanted to increase his stake in Citigroup, but most of Citibank's shareholders were industrialists and did not invest much in the Nasdaq, so the loss was not large, so Citigroup's stake did not change much.
ESPECIALLY THE PREVIOUS EXCHANGE OF SHARES WITH SU ZHEN, AS A RESULT, NOW NASDAQ HAS FALLEN SHARPLY, ALTHOUGH EBAY STOCKS ARE NOT AS BAD AS SOME OTHER STOCKS, BUT THEY ARE STILL HIT HARD, AND THE MARKET VALUE IS STILL SHRINKING, WHICH MAKES THOSE SHAREHOLDERS FEEL THAT THEY HAVE SUFFERED A LOSS, AND THEY ARE A LITTLE UNKIND TO SU ZHEN, AND THEY HAVE REJECTED SU ZHEN'S REQUEST TO INCREASE HIS HOLDINGS.
This made Su Zhen quite unhappy, a group of old guys, sooner or later, there will be a time when you beg me to join the shares. ran into a wall on Citi's side, which made Su Zhen extremely depressed.
Of course, Su Zhen didn't think about continuing to invest more in land, but now there are still many problems in the new ranches that have not been solved, and if he buys land again, he does not have enough management manpower that can be trusted, and there are not too many contiguous pastures like Wyoming Ranch, and small-scale land is no longer in Su Zhen's eyes.
And the high-tech stocks that are still strong in the future are not suitable for buying now, the plunge in the stock market has just begun, far from the end, Su Zhen finally got out, is it difficult to crash into it and die? Moreover, Su Zhen had already let Rachel set up the distribution of Red Maple Investment in China, and he had a lot of future high-performance industries that had not yet been listed in China, so Su Zhen was not worried about not making money in the future.
So for a while, Su Zhen actually found that he couldn't find an industry suitable for investment.
In April, Nasdaq stocks noted that after falling below 4,000, they began to unexpectedly begin to recover, rising for several days in a row, re-breaking the 4,000-point mark, and seemed to have swept away the haze of the previous sharp decline, restored prosperity, and allowed some investors to regain a little confidence.
But the good times did not last long, in less than half a month, a new round of plummeting frenzy began again, and this time there was no stop at all, straight down, straight down 3,000 points, and suddenly the entire trading market was full of sorrow.
At this time, Su Zhen had already returned to Harvard, lying in bed and watching the TV news from time to time that a certain Internet company went bankrupt, an executive of a certain Internet company jumped to his death, etc., Su Zhen couldn't help but sigh for a while, stocks are really not something that ordinary people can play. So far, more than 100 companies on the NASDAQ have declared bankruptcy, dozens of companies have been delisted, and the decline still shows no signs of stopping, and even Bill Gates's behemoth Microsoft Group has shrunk by 20% of its market value at this time.
"Oh, these guys are so pathetic" A small head came out of the pile of money on the bed and said to Su Zhen, it was Lux.
"It's better for them to be pitiful than for us, isn't it" Su Zhen grabbed a handful of dollar bills from the bed and threw them into the air, and slowly floated to the bed.
That's right, at this moment in Lux's house, the two are lying in the thick Franklin, after Su Zhen returned to Haval, he talked to Lux about his gains on the NASDAQ, sighing that he had money and had nowhere to spend it, Lux looked at Su Zhen who was playing treasure and jokingly said, since the money can't be spent, then take it out and build a bed to sleep.
As a result, as soon as Su Zhen heard this, he was immediately moved, yes, I have seen and seen the rich people in China in my previous life, showing off their wealth and piling up cash into beds to sleep, and TNND can finally do this in this life (I don't believe you haven't thought about it).
So Sao Bao called his account manager to ask for $100 million in cash, and the other party almost didn't die of fear when he heard Su Zhen's request.
He told Su Zhen that more than $100,000 in cash should be notified to the bank one day in advance, and the amount of $100 million, without a month, no bank can make it up, although Citibank's daily cash flow is as much as hundreds of billions, but that is just a string of data on the books, and Su Zhen's cash can be completely different concepts.
He also asked Su Zhen what he was doing with so much cash, and it was estimated that even the FBI would be shocked when such a large amount of cash appeared.
Su Zhen coughed dryly, of course he was embarrassed to say that he wanted to use it as a bed to sleep, so he had to fool himself and say that he was joking.
The last thing is that Su Zhen compromised, just made an appointment to withdraw five million brand new cash, even if it was sprinkled on the bed, it was a thick layer, when Lux returned home and saw the cash on the bed, she laughed, after all, in her eyes, Su Zhen usually showed all kinds of maturity, but she didn't expect to have such a childish time, she just made a joke casually, he actually got so much cash to make the bed, which was very unexpected to her.
And Su Zhen, who was lying on the bed counting the money at that time, completely ignored Lux's ridicule, but carefully counted the money in his hand, and continued to complete the ultimate dream of tens of millions of people - sleeping until he woke up naturally, counting the money until his hands cramped, but his physique seemed to be a little better, and he counted the money on the bed twice, and his hands felt a little menstruation.
And Lux laughed at Su Zhen at first for not seeing money, but it didn't take long for her to find that she also fell in love with this feeling of lying in a pile of money, although five million cash was not a big amount for her, but she had never experienced this kind of strange pleasure of sleeping in a pile of money, to paraphrase Su Zhen's words, this feeling was simply refreshing.
However, this freshness only lasted for a few days, and the two of them couldn't stand it anymore, so they sent the money back to the bank intact, the reason was very simple, the smell of ink in the room was about to make the two of them vomit, and it didn't disperse for a week, so that Lux had to change rooms to sleep, for which she complained a lot about Su Zhen, it was her favorite room.
After Su Zhen, who was cool, began to refocus on his own life, and soon, he discovered some unusual things in the family, and this unusual source was not someone else, but from his mother, Liu Ru. (To be continued......)