085 Venue Interaction
At the investment meeting, Qian Feng elaborated on the operation, management, and philosophy of his private equity investment company, as well as explained the investment target of the first flagship fund.
To achieve such a good investment performance, it is natural to tell everyone how to do it.
Of course, he will not explain the truth, this is the result of his special ability, which can spy on all the data and information in the securities trading background out of thin air, and carry out the operation with the banker.
What we tell you will only be a set of grandiose things, and the key point that boils down to it is to uphold the concept of combining value investment and growth discovery, accurately select stocks, choose the time, choose the trend, operate steadily, and invest prudently.
The truth is always in the hands of the winner, and this set of things is bullshit when it comes out of the mouth of the loser, and it will shine when it pops out of the mouth of the winner.
The idea itself is not how much is right, and there is no way to measure the geometry of wrong. If you can choose the right stock, you may not be able to choose the right time, nor may you be able to choose the right trend, or conversely, you can choose the right stock, but you can choose the wrong stock.
Or you have chosen all the right ones, but you have been defeated by demons, fear, greed, hesitation, arbitrariness that has caused you to turn things upside down, and as a result, you have made wrong actions.
In short, it means that investors, please believe in our investment company, you can choose the right one for us, and if you can't overcome the demons, we can overcome it.
Everyone applauded Qian Feng's wonderful speech and was convinced.
Wang Yawei, Xu Shen, and Ren Zeping, who were sitting on the stage to help Qian Feng, were smiling on their faces, but they were scolding in their hearts.
Qian Feng, this kid can really scream.
Wang Yawei is a public fund manager, and he is still conceptually similar to Qian Feng's set of statements. After all, as an investment manager of a large public offering, you must always have a set of guidelines or standardize your own operating model. Judging from the stocks that Qian Feng has operated this month, what kind of stocks are they, are these stocks worthy of the so-called value investment and growth discovery?
But you can't just hit the shit luck of individual stocks, and you can't have so much inside information.
And Xu Shen is a tactician, what to choose stocks, timing, and momentum, which are useless and brain-hurting, are the two magic weapons for him, insider and manipulation. As long as there are superior funds and the cooperation of listed companies, any stock is a good stock that can make money at any point in time.
But it is certain that Qian Feng did not make a bank, just with his 50 million fund, if he is a banker, this amount of funds is far from enough. What's more, looking at his holdings, he still diversifies his holdings.
However, if it was him, he wanted to communicate with investors, and he also said that these things should not be explicitly claimed that my game was insider manipulation.
As an analyst, Ren Zeping is good at logical analysis and theoretical organization, and he is also a cloud and mountain fog cover on the table, and his head is the Tao, but underneath, he understands very well that any analysis and judgment based on theory and logic is blind in the big A stock market, because you can't foresee and leave and right repeated tosses such as "crossing the river by feeling the stones", and you can't grasp and control the shortcomings of the first and the acquired unreasonableness, etc.
If Warren Buffett were playing in this place, he might be able to jump off the building.
However, from the government of management to all kinds of participants, the ideology of the stock market needs his set of value investment theory to support the table, because if you don't talk about value, then what will happen, isn't it all cheating, gambling and stupidity.
......
Next is the interactive session, where Qian Feng answers everyone's questions.
In fact, the interactive session is the best way for investors to have an in-depth understanding and examine the personal talent and quality of fund managers. These investors are all high-net-worth individuals, and naturally, they also have a considerable degree of experience and experience. Through Qian Feng's question-and-answer performance, he can make a more comprehensive and profound judgment on him, and draw a clearer conclusion for his money.
"According to the fund's current holdings and positions, will there be a rebalancing of shares in the future?" asked an investor.
"Definitely. Qian Feng replied.
"How many positions will be opened, and what kind of stocks will be exchanged?" someone asked.
"The position will remain between 6 and 8% for a period of time in the future, that is, we judge that the next stock market will develop in a good direction, so we must have an active position. Qian Feng said, smiling, "As for what stocks will be exchanged, although you are our investor, I'm sorry, I can't say, lest everyone pay attention to this stock after they go back, then we will be suspected of manipulation." ”
After listening to what Qian Feng said, everyone will understand, the macro in front can be said, and the micro in the back must not be said. Yes, he is an ethical fund manager.
"Mr. Qian, our fund is open-ended, and the income is so good, if I take it for a year and then redeem it, can it be more than doubled?" another investor asked.
"Is your estimate optimistic or conservative?" Qian Feng asked decently.
"Conservative estimates. The other party replied.
"Well, we'll work on optimism. Qian Feng replied, as a fund manager, you must not be able to make a specific number of commitments, not to talk about whether the promise can be fulfilled, as long as a promise, it will make people feel unreliable, everyone knows that investing in stocks is not to deposit money in the bank with interest, the investor who just asked the question is just digging a pit.
But you also want investors to convey confidence, if even the fund manager does not have a positive confidence, then the investor is even less confident.
"Mr. Qian, the size of our fund is 50 million, which is too small, I want to invest more funds, I don't know if I can release the share and expand the scale. Another investor asked.
What Qian Feng wants most is such a problem, originally, the investment company paid for the investment meeting out of its own pocket, and the conference fee, the lottery to warm up the field and other expenses were not spent in vain, just to raise more funds.
Moreover, the three bigwigs Wang Yawei, Xu Shen, and Ren Zeping were specially invited to the platform, not just to be more convincing.
Yes, even the industry bigwigs come to support the private equity institutions, where can the money be invested more confident and return if the money is not invested here.
"I'm sorry, the contract can't be modified, so the size of the fund's shares will not expand, but will only slowly shrink with the open redemption, and the dissolution clause will be triggered when it is reduced to 50%. So, this fund can't take in any more money, and you have to invest elsewhere. Qian Feng replied in a high-profile manner.
High-ranking people are naturally high-profile, which is the skill of speaking, which can better arouse their urgent desires.
As soon as Qian Feng's words fell, a bunch of people in the venue exchanged ears.
Most of the people in it are relatives and friends brought by the existing fundraisers of this flagship fund, who came here with the intention of investigating it and investing money in it. They sat down until now, and they were very satisfied with the results of the inspection, and they had already seen that this was a good way, but when Qian Feng said this, he thought that he didn't have this opportunity, so he was naturally a little disappointed.
"Mr. Qian, do you have any other funds under your investment company that can be subscribed?"
"Yes, Mr. Qian" The others echoed.
"Oh, we still have two funds, Qianfeng No. 5 and Qianfeng No. 6 still have a certain share gap" Qian Feng smiled slightly and continued to raise his profile, "After the investment meeting, if you are interested, you can consult our product manager." ”
......
Note: The remarks on stock investment in this section only constitute the content of this book, please do not be elaborate.