128 Investors and speculators
Wei Lao took a group of investors and entrepreneurs to attend Ankang's wedding in a high-profile luxury car, which added an unexpected pomp and circumstance to him. But what Wei Lao brought to Ankang was actually an unexpected gift.
"Family funds?" Ankang was taken aback when he heard this.
If it was Wei Lao who handed over his family fund to Ankang to manage, Ankang would not be surprised. However, this time, Wei Lao was talking about several families. And as soon as it came up, it started with 30 billion yuan.
Three tens of billion? That's trusting me too much.
"Old Wei, I am very honored that you trust me and entrust me with the management of the family fund. But I have two suggestions. First of all, I manage multiple family funds by myself, and I am afraid that it is inevitable to favor one over the other. It's hard to explain to you when the time comes. ”
"Why?" Wei Lao was puzzled.
Ankang explained: "Because family funds are different from other funds. Other funds come from different investors, and everyone puts their money in one fund. Fund managers only need to keep an eye on this one fund. Managing multiple family funds now means that one fund manager is responsible for multiple funds. It doesn't matter if the fund is small. But the plate is too big and inconvenient to operate. That's the second piece of advice. ”
Wei Lao nodded: "So, your suggestion is to either accept only one fund, or be smaller." Right? ”
Ankang smiled: "This is for the sake of insurance. After all, I am mainly engaged in the primary market, not the secondary market. The secondary market can be laid out on multiple stocks. The primary market has a long trading cycle. And you don't need that much money for a single transaction. In this way, different funds are allocated to different transactions. And the rate of return is completely different for different trades. This makes a difference. ”
"I see what you mean." Wei Lao said, "Actually, I have another idea. It doesn't have to be a family fund. It's the people of us who give you the money, and you take care of it for us. How to take care of it is more convenient, according to your wishes. What do you think? ”
"Of course it's good."
Wei Lao's expression was much more relaxed: "In addition, I have also heard about Yusheng Investment. We can't do anything else, we have the funds. ”
Hearing this, Ankang finally understood. Wei Lao wants him to manage the family fund, and he wants to help him compete with Yusheng Investment.
An Kang and Wu Mo's investment in Kang Mo Division was restricted in terms of funds, so they adopted a tolerant attitude in the face of Yusheng's aggressive trend. This is the real gift that Wei Lao sent him at the Ankang wedding scene.
"Understood, Old Wei. I will live up to your help and expectations! ”
After the wedding, Ankang couldn't even wait for the honeymoon trip, so he devoted all his time and energy to the affairs of the fund company.
Wei Lao and his allies, except for a small part of the capital injected into the Comes investment company, most of it went into the pool of the newly established fund. Although this fund is aimed at Yusheng Investment Company, it is a private equity investment fund that Ankang has always wanted to establish but has always been immature.
As a result, Commosi Investment has formed a relatively complete investment chain in the primary market. Comes Investment Company itself focuses on seed round and angel round investment, while the fund focuses on Pre-IPO projects such as A, B and C rounds. In this way, it provides an exit mechanism for the funds of the seed round and angel round, so that the investors of the seed round and angel round can achieve faster turnover of investment funds.
The reason why Ankang had a conservative attitude in the competition with Yusheng Investment Company was because even if he made an angel round of investment, he could not guarantee whether there would be funds coming in in the future, and whether the funds coming in would be consistent with the company's development.
In this era of fast fish eating slow fish, even if it helps companies raise a lot of money, if the time does not match, it may lead to the decline of the market. One is that it cannot really provide opportunities for the growth of the enterprise, and the other is that it cannot explain to the investors who have suffered losses.
To be an investor and a responsible investor must be trembling and walking on thin ice.
Now, all the channels from the beginning of the business to the IPO have been opened, just like the second pulse of Ankang and the projects he invested. Without waiting for Yusheng Investment Company to react, Ankang launched an attack on Yusheng Investment Company with a thunderous attitude.
After all, Ankang is an influential investor in Lujiazui. Under his momentum and under the instruction of Wei Lao, many people looked forward to the wind and used their feet and funds to cast a long-lost vote of confidence for Ankang.
The financial industry does not rely on money, but on trust. Just like Soros's influence in the futures and foreign exchange markets. What investors value is not Soros's ability to judge, but that after Soros sees a direction, many investors will follow suit. Even if the direction is not accurate, the wind direction is formed after more and more investors participate.
So if you compare Buffett with Soros, Buffett is more like a follower of the wind, except that he predicted the direction of investment in advance, while Soros is the creator of the wind.
Warren Buffett is a war-like investor, while Soros is never war-like. Win a fight, win and go.
This style is more reminiscent of pirates. So Soros's reputation has always been poor. The other two of the three top investors, Warren Buffett and Peter Lynch, are both respected as investors, while only Soros is called a speculator. The difference between one word is a thousand miles.
Before the advent of 2013, the competition between Commosi Investment and Yusheng Investment ended with Yusheng Investment's defeat in Hangzhou.
After the staggered planning at the end of the year, Ankang originally planned to accompany Nanhuayu, who likes to travel, to Australia to experience the summer in the southern hemisphere. As a result, it was canceled because Nanhua Yu was pregnant. Nanhuayu was afraid that too much work pressure would affect the growth of the fetus, so he simply resigned from the company and devoted himself to raising the fetus at home.
When Ankang counted the days and looked forward to the arrival of the family's small happiness, he heard that his ex-girlfriend Zhu Xue was divorced. Zhu Xue has been a full-time wife since marriage and has no stable economic income, so she lost custody of her children after the divorce.
"What are you going to do next?" Ankang asked when he met with Zhu Xue once.
Zhu Xue shook her head: "I don't know." I haven't been out to work in years. Now when I come out again, I don't know what to do. ”
"You can still do what you used to do. The real estate industry has developed well over the years, and there is a great shortage of talents. ”
"This line of work is good, but only some people are good. Stupid people like us don't make a lot of money. used to be stupid at home with a baby, but now it is suddenly thrown out of the house, it is really like the sky has fallen. Zhu Xue's tears confirmed the advice that Ankang had given her before.
At that time, Ankang also shared a post with her, telling her not to become a housewife revolving around the stove even if she was at home with her children. The sticker has suffered such a loss. Once the family collapses, the man can continue his career, while the woman suffers from the three aspects of physical, mental and spiritual.