142 Livermore
Taking care of the little sister? This one...... Zhang Yuanyi unconsciously glanced at Lin Shuang'er next to him, well, as long as this little Lori has no opinion, I have no opinion.
"Why, can't you do it? If you can't do it, please go back" Lin Danqing saw Zhang Yuanyi thinking there, and didn't respond immediately, and couldn't help but feel a little displeased.
"Do it, do it, master, you can definitely do it!" Zhang Yuan gritted his teeth one by one, and hurriedly said, "Master, since I worship you as a teacher, I will listen to you, master, your starting point is for my good, listen to you!" ”
"That's good!"
"Shuang'er, ready for tea"
After Lin Danqing personally put incense on the incense burner in the living room, he was sitting on the Taishi chair.
Zhang Yuan and his entourage gave a great salute to the teacher, then took the tea handed over by Lin Shuang'er, respectfully handed it to Lin Danqing with both hands, and said:
"Master, please drink tea!"
Lin Danqing took the teacup and took a sip.
He glanced at Zhang Yuanyi deeply and said:
"Starting tomorrow, every morning class, in the afternoon to climb the mountain, in the evening after watching the news broadcast, you review your homework and pre-study homework and other activities, today you and Shuang'er go to the bookstore to buy ten copies of "Memoirs of a Stock Maker", you will read five copies each in the past two months, and you must take good notes. Let's do it today."
Back in the room, Lin Danqing breathed a sigh of relief and smiled. Let's hope it's just as Master Huiming said.
When I visited Master Huiming today, before leaving, Master Huiming quietly reminded him that Zhang Yuanyi was "not a thing in the pool" and was a handsome talent that could be created!
"I hope so, so that I can also pass on what I have learned"
Many years later, Zhang Yuanyi finally understood the master's good intentions: the first one was not allowed to listen more, so that Zhang Yuanyi's ears were pure; The second is not allowed to look too much, and you can't let too much information blind you; The third one started from scratch, in fact, let him learn to clear and get rid of distracting thoughts.
The reason why he developed the habit of watching news broadcasts was that he learned to accept official authoritative information sources, to a certain extent, Huaxia A-share is not only a technology market, a capital market, but also a policy market!
Listen more and watch more and worry more, listen less and watch less worry, and don't listen or watch without worrying. These are all things that Zhang Yuan only figured out a year later.
Zhang Yuanyi and Lin Shuang'er went back to the youth hostel first, settled the bill and stayed overnight, and they had to live at Lin's house for the next two months.
Then, the two men bought books at the bookstore.
When they returned to Lin's house, they began to read books, and Lin Shuang'er would also receive 'education' from tomorrow.
Zhang Yuanyi first learned about the life of the great actor Livermore on the Internet. He understands that to understand a person's mind, you must understand the person's life.
A masterpiece, Jesse Livermore's aura comes from his legendary life.
Born in 1877 in a rural family in Massachusetts, USA, he had no prominent background, and as soon as he graduated from elementary school, he worked directly as a handyman in a securities brokerage firm, only responsible for updating the quotations on the quotation board on the trading floor.
But who would have thought that such an unknown hairy young man with no background and no relationship would become a legend of Wall Street in his later career! Experienced in a hundred battles, but talking and laughing!
Jessie. Livermore, one of the most astute traders of all time, was able to harness his emotions on the cusp of the storm and had to be said to be a smart and disciplined man, a man with a sense of urgency and great logical skills.
He is also a complex person who has experienced repeated successes and failures in the market and in marriage. He follows his own rules and trades like a lone wolf.
While reading a book, Zhang Yuan looked up information on the computer and sorted out the memorabilia of Livermore's life.
In 1892, when he was 15 years old, he made a profit of $3.12 on his first speculation;
In 1892, also at the age of 15, he earned his first $1,000;
In 1897, at the age of 20, he earned his first $10,000;
In 1899, at the age of 21, he went to New York to start his career trading on the stock exchange, with a principal of $2,500;
In 1900, at the age of 22, he lost all his principal and returned to the gambling house with a borrowed $500 to seek profits;
In May 1901, at the age of 23, he made a profit of $50,000;
In 1903, at the age of 24, he lost all again;
In 1902, at the age of 25, he regained his success;
In 1906, at the age of 29, he made a profit of $250,000 by making a profit on Pacific Railroad stocks;
In 1907, at the age of 30, he shorted the market and made the first million dollars in his life;
In 1908, at the age of 31, Livermore listened to the advice of the cotton magnate Thomas, abandoned his principles, and lost in a cotton speculation. In the end, he owed millions of debts and declared bankruptcy;
In 1915, at the age of 38, he made a profit of $150,000 and made a comeback;
In 1916, at the age of 39, after the speculative skills were matured and perfected, he made a profit of 3 million US dollars;
In 1917, all debts were paid off with a balance of $1.5 million, and a trust pension fund was established for the family;
In 1922, at the age of 45, the book "Memoirs of a Stock Dealer" came out, which became one of the most classic masterpieces in the investment world.
In 1924, at the age of 47, he made a profit of $3 million in wheat;
In 1929, at the age of 52, at the peak of his life, he made a profit of $100 million in the 1929 stock market crash and became the king of short-selling in the stock market;
In 1934, at the age of 57, he went bankrupt again;
In 1939, at the age of 62, he wrote the only work he wrote in his life, "How to Trade in the Stock Market";
On November 28, 1940, at the age of 63, he committed suicide by drinking a bomb.
An embarrassing life!
Four ups and downs in a lifetime! After each fall, he was able to recover from his failures and improve himself, and finally won the crown of wealth in 1929. It can be said that the American investment community from the 1900s to the 1930s belonged to the era of Livermore. His self-transformation after each failure has made him a great success again, but what kind of sadness and sweat is behind it! Perhaps only he knows.
In terms of wealth, Livermore was no richer than some of the big traders of his time and before and after! In terms of reputation, he may not be more famous than today's Buffett, but in terms of his trading achievements, he is indeed one of the few who stand out!
What's even more remarkable is that Livermore is an individual investor! He does not have a strong collective resource behind him as a support, he has been operating independently from beginning to end, judging by one person, all trading orders come from him alone! He never even needs news, he doesn't need an insider, he doesn't need to join forces with others! How strong is that!
Isn't Livermore his subconscious idol!
Zhang Yuanyi was deeply shocked by Livermore's life!
What a genius speculator Levimore is! He grabbed a horse alone, realized the technique, and earned the fabulous wealth of the time; Later, due to the weakness of human nature, he fell into the dust and committed suicide by drinking bullets.
His life is a magnificent, moving super market!
Yes, I'm going to be like Livermore, but he's going to end up ...... Well, I'm going to find a way to overcome the bankruptcy crisis! Absolutely!
Zhang Yuanyi secretly made up his mind in his heart.