In the morning, after Lin Shi came to Dongfang Securities, he found that Blake and Jack's positions were actually occupied by other traders, thinking that Jack had said that he had come here to deal with his father, Lin Shi immediately thought of a result - they went back to the United States.

In the past two days, Lunwei shares are still in a downward trend, and before yesterday's closing, the three women have cleared all their positions, although they have tried not to affect the stock price, but the 60 million position to flee is undoubtedly a "negative news" for this constantly declining and low popularity of the stock, as of yesterday's close, Lunwei food has fallen to 28.42 yuan a share.

Lin Shi quietly looked at the trend of Huilun Micro Food, and thought that most of the listed in Huaxia are junk stocks, basically for the sake of listing to make money, and they don't know what dividends are at all, in such a market, even if there are some high-performing stocks in a short period of time, they will still be buried, plus Lunwei Food doesn't seem to care much about the company's publicity, so it led to this situation - good performance, stocks do not rise.

If this was Lin Shi's own money, he didn't care much, but ......

This is the company's money, if Lunwei Food does not rise for a few months, he not only has no commission, it is very likely that even the job will be gone, "help others manage, the limitations are still too great, and customers pursue short-term income maximization." ”

Lin Shi finally began to understand that those fund managers are obviously graduated from prestigious universities but are still keen on short-term, not that they want to do short-term, but that customers and companies "force" them to do short-term to a certain extent, and if the short-term yield is low or loss, the customer will redeem, and if the redemption is made, the fund manager has to sell the stock in exchange for funds to return to the customer, which will accelerate the decline of the stock to a certain extent.

The decline in stocks will lead to a decline in yields, a decrease in the salary of fund managers, and a series of negative effects such as scolding from the company and a decline in fund rankings.

The general fund management model is X1%-2% of the fund size plus 20% of the profit, this design makes the fund company can get huge profits without doing anything, if they do not do anything - lose a lot of money on the stock, they will withdraw less fees, but in any case, this money-making model makes the fund company stand on the opposite side of the customer - do nothing and still make money.

Warren Buffett has only one approach to managing investment companies - only 25% of the total return is withdrawn, and no asset management fees are charged. This method is the same as contracting land, more work, more work, less work or no more, completely standing on the same front with the customer, which is also a kind of self-confidence in one's own ability.

Most of ChinaAMC's funds are trend-following investment or group heating, and the fund managers themselves have the ability and can stably help customers make no more than 200 people, which can explain why the performance of some fund managers is similar to that of retail investors buying stocks themselves - they are all miserable, and what do customers look at when they buy funds? Fund Manager Diploma! Just looking at the diploma of a graduate or doctoral student, the customer will invest millions, and tens of millions of dollars will still be invested in fund companies.

The end result......

Naturally, they were disappointed, they thought at first that Stanford, Wharton, and Harvard returnees could help them double their funds in a few years, but they gradually found out that they were wrong, and when they saw the loss of the fund, they just wanted to get their principal back intact. In fact, finance doesn't need to be a separate course at university, and it's useless to go out – unless you want to work for a government department or go to a bank.

Anyone who has their own views on investment will tell you that it is better to study history than to learn finance in college, at least you can learn from history and know the law of the development of things, and desperately learning the subject of finance in college will only make you get good grades in school. What else can they teach be useful for students other than to get them out of college? Of course, it's okay to do academics to package some simple things in financial jargon and confuse retail investors.

"Lin Shi." Li Xiao said on the side, from her expression, Lin Shi saw sympathy, "We have already shipped out the goods yesterday, and now we can only wish you good luck." ”

"Good luck to me?" Lin Shi smiled bitterly, "I can see a hint of schadenfreude in your expression. ”

"Huh? Is it? Li Xiao deliberately touched his face, "Then I must think so." ”

Lin Shi glanced at him angrily, and then looked at the news of the stock market, there was no big thing at the end of the year, and the media after 3400 points were singing slow bulls every day, as if they had bought stocks in a heavy position. After falling to 3200 points recently, they have not posted similar news, if this is a slap in the face, then their face must be similar to a swollen pig's head.

"Huh? Tengguang Pharmaceutical is starting to rebound? Lin Shi looked at Tengguang Pharmaceutical's bottoming out K-line trend and muttered to himself, since the last time the price limit brought by the good news of the hat was opened, he fled, and then the stock price was a big dive, until it fell to 28 yuan, but the trend of the past few days, it seems to have slowly risen again, and the current price has reached 31 yuan a share.

"Who's buying?" With such doubts, Lin Shi opened the list of capital inflows, "Hongguang Capital again?" Shuilanfang, Sanyi Paper, and now this stock, this is definitely not a coincidence. ”

As early as before, Lin Shi faintly began to wonder if the company had internal ghosts, until now, he was finally convinced that his idea was correct - the company has internal ghosts!

Lin Shi got up quietly, and then came to Ou Jiawen's office, when he told Ou Jiawen about the situation, Lin Shi only saw a trace of surprise in her eyes, just a trace of surprise.

"I've known this for a long time."

"You already knew?"

"Hmm." The corners of Ou Jiawen's mouth showed a hint of smugness, "I have been investigating this matter for a long time, and recently I have found out who is the inner ghost, presumably, you already know who it is." ”

"Where would I know?" Lin Shi smiled bitterly, "I don't have as much intelligence network as your family. ”

"The average person doesn't sell a company unless he's having trouble with something or something he's getting caught."

A flash of inspiration flashed in Lin Shi's mind, "The difficulties encountered by the trading department are nothing more than poor performance...... Wait a minute! Lin Shi recalled the performance of all the traders at a very fast speed in his mind.

"It can't be Xu Ping, right?"

"Huh?" Surprise appeared on Ou Jiawen's face, "How do you know?" ”

"He's not doing well, but instead of turning his attention to improving his performance, he's walking around the entire trading department to find out the news, and this kind of person has betrayed himself."

"But ......," Lin Shi said with some confusion, "you actually know, why didn't you expose him?" ”

Ou Jiawen smiled and said: "He's just a small chess piece, it's useless to expose him, the most important thing is to make the company behind him suffer." ”

"Suffer?" Lin Shi's eyes rolled, as if he was thinking about a particularly difficult math problem, and after a while, he spoke: "You gave him the wrong information? ”

"It's not entirely wrong, I just changed the already bought to the will buy." A hint of conspiracy success suddenly appeared on Ou Jiawen's face, which was incompatible with the literary elements of the room.

"Then you're really playing a little big this time."

"Who's to say it's not......"

……

When Zhao Xiaojun saw that the last trading order showed that all the transactions were completed, he breathed a sigh of relief, and finally bought an amount of 300 million in less than three days, and during this period, the stock price only rose by less than 4%.

Zhao Xiaojun got up and came to Wu Jun's office, Wu Jun was on the phone with the customer at this time, when he saw Zhao Xiaojun enter the door, he motioned to Zhao Xiaojun to sit down first, and a few minutes later, Wu Jun hung up the phone, "The positions have been built?" ”

"Yes, according to your requirements, I have already built a position of 300 million in Tengguang Pharmaceutical."

"Very good, now I'll wait for Dongfang Securities to buy it." Wu Jun chuckled, and from the look in his eyes, it seemed that he had reached the pinnacle of success.

"If that's fine, I'll go out first." With that, Zhao Xiaojun was ready to get up and leave.

"One more thing." Wu Jun was received, and Zhao Xiaojun's figure paused, "Aren't there a lot of rookie traders now, and you will be the leader of the rookie traders." ”

"Okay." Zhao Xiaojun finished speaking out of the office door, came to the door, he could no longer hold back his excitement, jumped up directly, finally, with his unremitting efforts, successfully became the leader of a rookie trader, which also means that Wu Jun began to gradually give him some power, as long as he continues to work hard, it is not a problem to become the leader of the entire trading department in the future.

Thinking of this, Zhao Xiaojun's heartbeat rate has reached 130/minute, "I have to work harder to match the reuse of Mr. Wu." ”

Just when Zhao Xiaojun was immersed in the fantasy world he had built, a voice suddenly came from the side, "Brother Zhao Zhao, Tengguang Pharmaceutical has stopped." ”

"Up and down? Am I so lucky? Zhao Xiaojun, who was in the excitement, didn't even hear what the rookie trader had just said.

"It's a fall...... Drop limit. The newcomer stammered.

"What did you say?" When Zhao Xiaojun heard the trader's words clearly, his brain was suddenly blasted out of a blank, "Who is selling?" ”

"Judging from the list of funds, it is the ...... of Dongfang Securities"