I'm really not doing business

Chapter 548 "Four secrets of Wang Qian's fortune"

Boomerangs are everywhere, and they are as powerful as Zhang Juzheng. He has also eaten many boomerangs, and even suffered numbness. The boomerangs can no longer cause harm to Mr. Zhang.

Of course, for the West, this 'free' system may be somewhat advanced, but Ming Dynasty does not have to deliberately export it.

Because when it comes to the lack of great virtue and the indiscriminate killing of people, Tessie has England to learn from.

England's internal enclosure is a typical example of internal cruelty.

Condoning the enclosure of nobles, and even the English Parliament personally presiding over the enclosure, this is feudalism that lacks great virtue, and the gentlemen of England are the most cruel local bureaucrats. They can obtain a comfortable life without manual labor. They study laws and how to protect their rights and interests at the legal level, and pirates with privateering licenses are warlords who condone private armed robbery.

Tessie has a ready-made model, the homeless people all over London, which is the price advantage of England's woolen cloth. It does not require expensive wool raw materials, excessive labor remuneration, or providing people with things to keep out the cold.

Spain's behavior against England was quite shameful, but history always goes like this, the ruthless triumphs over the brainless.

Is it still necessary for Daming to output? England has its own national conditions.

At the end of the court meeting, the Minister of Household Affairs asked about matters related to the Tax Inspection Institute.

"There are too many things, and we don't want to think about them." Zhu Yijun listened to Empress Dowager Li talking and could only say this. All affairs in the country are extremely complicated.

This is the horror of spy politics. They don't even need further privileges such as judicial assassination, detention and lynching to achieve this level. Zhu Yijun knew the situation in the Taxation Yuan very well, so after Zhang Juzheng returned to the court, Civilian supervision was added to the tax collection court, mainly for the purpose of tripartite control between the tax collectors, the guarding eunuchs, and the civil officials in charge.

If taxes could be collected normally, Zhu Yijun would not have used such abnormal means. Now that Ming Dynasty's finances are increasing day by day, we cannot forget the embarrassment of huge financial losses in the past. In fact, it is precisely this monster of the Taxation Yuan that exists. Only then did the Ming Dynasty's powerful powerful people, the right-wing rural gentry and the gentry, be afraid, so that taxation could be carried out normally.

Of course, eunuchs had to fight to the death with civil servants, fighting for power with all their might, but as the emperor's minions, exercising power on behalf of their masters, that was a bit too much.

However, what Wang Chonggu said was also true. Zhu Yijun was indeed in charge of all matters in the Tax Inspection Institute, and he had to do everything personally. The boundaries of the Tax Inspection Institute's power were very clear, and he was not allowed to interfere with matters other than taxation.

Thirty percent of the tax collected will be kept in the local area, and 70 percent will be escorted to the court. The tax collection court specializes in tax collection, and the rest is ignored.

Wang Chonggu said sincerely again: "The tax collection court, the dense system, and the irregular laws, your majesty handles everything in detail, which is naturally hard work."

As the person involved, the Emperor of Ming Dynasty didn’t even know where to start from, so why did he suffer so much?

"If you are more crazy, you can use the intelligence advantage in your hands to set up a private market and smuggle goods. There are ready-made items of huge profit, such as tobacco. The tobacco is grown in large quantities in the Yuanxu Islands. You only need to traffic the tobacco from the Yuanxu Islands into the Ming Dynasty, one by one. A pound of opium balls costs two thousand taels of silver.”

"That's what Wang Cifu means. It's not very hard. I just want to watch the fun and excitement." Zhu Yijun smiled and waved his hand and said, "If there is nothing else to do today, just come here."

"But it's very profitable." Zhu Yijun explained in detail the appearance of the advertisement. This glazed tower is a living sign of glass.

"The tax collection court is like a dense system, and a non-wise ruler cannot use unrighteous methods." Wang Chonggu bowed his head and said: "In the past during the Zhengde period, Emperor Wuzong used the eunuch Liu Jin. At first, Liu Jin was very respectful and did not dare to go overboard. I heard that for more than a few months, Liu Jin has been stealing a lot of things, but he doesn't dare to be domineering, because all the general affairs are decided by the Lord."

Zhu Yijun looked at Feng Bao. Wang Chonggu was scolding the eunuch. When the two men ransacked the house, you called them eunuchs and he called them villains. They were arguing like a child, and neither of them was willing to admit defeat.

"At this point, castration is rampant, power dominates the world, and power and fortune are at will."

"So, where do the funds for the Tax Office, Tax Supervisor and Tax Institute come from? Does it just rely on retaining 30% of the place?" Wang Guangguang asked with a frown.

Just flatter him, and go in such a big circle!
Zhu Yijun almost got caught in it.

"This, this, this!" Wang Guoguang's eyes suddenly widened and he stared blankly at His Majesty. He only knew that the Tax Inspection Institute was doing a good job, and now he realized that it was doing such a good job! No wonder the Tax Inspection Institute pays so much tax every year. That’s how it came about.

How can people be so shameless relying on their privileges?

"A pagoda has already been built. If we build this thing again, the foreign ministers will chatter endlessly." Upon hearing this, Queen Mother Li said very unhappy: "Why waste that money? I heard that the imperial court has been building a big project recently. If you want to build the capital and open up the Chi Road, you are in a hurry to get money. As the ruler of the world, it is better for the emperor to have the world in mind."

Zhu Yijun frowned and said, "Why did Ci Fu say this?"

The Tax Inspection Yuan will definitely exist for a long time. It is an important tool for mediating tax conflicts.

"For several years, Emperor Wuzong was slacking off, and he asked the emperor to make a decision on the various chapters. He asked Liu Jin: What should I use you for? You are bothering me one by one with this!"

"This is still the Taxation Yuan without justice, assassination, detention, or lynching. If the privileges of justice and assassination are devolved, I am afraid that the Taxation Yuan will become the most profitable government office in the Ming Dynasty."

"Or simply use intelligence to provide shelter for others, notify them in advance before arresting them, and during the arrest, deliberately indulge and send people overseas through the channels of the tax bureau to evade legal punishment."

Zhu Yijun told Empress Dowager Li that the outer court was going to build a glazed pagoda, including the actual purpose of the Ministry of Industry and Wang Cifu.

Zhu Yijun returned to Tonghe Palace and found Queen Mother Li. Queen Mother Li and Queen Mother Chen were both taking care of their grandson.

It is very difficult to maintain this boundary, but Zhu Yijun has been working hard to limit it. For example, the start of the reminder bill must be approved by the Tishuai of the North and South Houses before it can be invoiced, and it must be audited every year, etc.

The two tax collection bureaus in the north and south of the Ming Dynasty were both headed by Tishuai himself. Tax collection supervisors were set up in each government to take charge of the tax collection offices in each county. The tax collection collection offices had a number of archers who were responsible for public inspections. Or secretly collect intelligence, conduct comprehensive research and judgment on the intelligence, and after obtaining sufficient evidence, ask the other party to provide the land deed accounts for review, issue a reminder, and then start the reminder.

This tripartite control method is usually used in conquests. Tax collection and counter-tax collection are low-intensity wars that were widespread in the Ming Dynasty.

Queen Mother Li still shook her head and said: "If you don't want to build it, you can do whatever you want, just don't build it in my name."

All civil and military officials in the court were shocked to the point of being speechless by His Majesty's words.

"Not entirely." Zhu Yijun explained: "They have intelligence advantages and are extremely keen on market information, and they can also obtain more inside information. They don't even need to directly buy, sell or speculate. They only need to provide information to others and they can make money. When the pot is full, if you are really short of money, you can use the information in your hand to extort money from wealthy businessmen. Qingliu and famous scholars value their reputation, and if they catch a handle, they will open up a rich mine. "

As a father, Zhu Yijun took care of the child and fulfilled his father's obligations, but in the end, he made the child cry.

"Actually, there's no need to be surprised. The Tax Inspection Institute also has problems like this. I didn't want to, but who made it common in the Ming Dynasty not to pay taxes?" Zhu Yijun looked at the ministers, the stubborn people, such as Shen Li and Hai Rui. They were already ready to remonstrate, but Zhu Yijun's words blocked them back.

"Hey, sister, this is also the emperor's intention. Anyway, it is just to make money. It is not so justifiable in other names." Empress Dowager Chen persuaded Empress Dowager Li with a smile.

As the leader of the eunuchs, Feng Bao did not speak. Liu Jin was very respectful at first, until he gradually discovered Emperor Wuzong's laziness and theft, but he still did not dare to do anything wrong until Emperor Wuzong stopped checking the memorials.

Wasting money was the reason why Empress Dowager Li opposed it.

"If you don't know how, just go to the imperial study to review the memorials. You are still young now and you can't stay up all night long. When you get older, you will regret it." Empress Dowager Li motioned to the emperor to go aside to see that the child was not the emperor. area of ​​expertise.

"It's just a pain for Your Majesty." Wang Chonggu said with emotion.

Zhu Yijun called Empress Dowager Chen mother, so these children were nominally the grandsons of Empress Dowager Chen. Empress Dowager Li and Empress Dowager Chen had a very good relationship. The two of them took care of these children, chatting and laughing, and their life was not boring.

This kind of secret service is extremely fragile, because it is completely dependent on the imperial power for its existence. Without the imperial power, it is nothing. When the emperor is wise, this kind of secret service will not poison the world. When the emperor is stupid, it will be nothing. It is the cause of chaos in the world.

Empress Dowager Chen tried to persuade her, but Empress Dowager Li was still reluctant. In the end, she still did not agree. She came from a bad background, and what she feared most was that she would be considered unworthy of virtue by the people. The more she lacked, the more she had to show off. The emperor grew up. The Ming Dynasty is booming, how can a mother hold her son back?
As long as Zhu Yijun is still wise, he, the Queen Mother, will definitely be respected by others.

"You said it nicely, why don't I wish you a birthday." Empress Dowager Li held one-year-old Zhu Xuanshu and said teasingly to Empress Dowager Chen.

"I can't bear it!" Queen Mother Chen immediately shook her head and said with a smile: "I just want to live a safe life."

When Zhu Yijun came to the imperial study, Queen Mother Li still refused to agree, but there was no need to rush, it would take some time to raise funds.

"Your Majesty, Wang Qian, the royal censor, is here and waiting outside the palace." Xiao Huangmen walked in and bowed his head.

"Xuan."

When Wang Qian came, he walked into the imperial study room with his hands in hand and bowed respectfully.

"Why does Mr. Wang have time to hang around my place?" Zhu Yijun asked with a smile.

Wang Qian's life creed is to enjoy, enjoy, and enjoy. He avoids the workaholic emperor like a grinder, especially the mill, like a snake and a scorpion, and will beat him to death if he can't come.

Wang Qian bowed his head and said: "Your Majesty, I have been at Yanxinglou Trading House for a long time and found some chaos. We, the people of the Ming Dynasty, whether we are powerful or powerful, are all joining in the fun, buying tickets, and listening to the wind is like rain. Today I said this was good, so they rushed over. The next day he said that was good, they rushed over again. They had no psychological expectations about how much the things they bought were worth, and they just went with the flow. "

"Oh? Mr. Wang has a lot to say about speculation?" Zhu Yijun was stunned and looked at Wang Qian, this dude can actually extract experience from phenomena?
Wang Qian was not a walk-in, he was a serious person who passed the imperial examination and passed the imperial examination, and he also liked arithmetic.

"It's not a high-level discussion, but I have some understanding of investment. I just have some ideas. Your Majesty, let's see if this is the case." Wang Qian held up his hands, thought for a while and said: "To buy a ticket, you must first have an idea of ​​the value of the ticket. Make clear and clear judgments instead of blindly following the trend, which is to be a leek in the trading house.”

"If the value is higher than the value you judge, it is falsely high. No matter how much it rises, you have to sell it. If the value is lower than the value you judge, it is a reasonable purchase. This is the certainty of the trading house. Entering the market blindly is destined to fail. Compensate completely.”

Zhu Yijun frowned and said: "I understand what you said. Certainty and rationality in the trading house are precious, but how do you judge the value of the ticket?"

"Discounting of all future profits." Wang Qian did not beat around the bush and directly explained the core of this theory. Value judgment is to discount all future profits to today. That is the standard of value.

Wang Qian thought for a while and thought of an example: "For example, if my father wants to build a glazed pagoda for birthday celebrations, is the value of the glazed pagoda just a sparkling building? No, the moment it is completed, it will become Continuing to promote glass signboards is its income. Is it just that? We can hang some banners on this glass tower to advertise certain workshops and shops, which is also income. All these promotion income and advertising income will be discounted. To this day, it is the standard for judging whether to build the Glazed Pagoda. "And he also has other values ​​that cannot be realized, such as his father's ambition, the Jin Party's obedience, and the Virgin Mary's joy. These values ​​are not within the scope of discussion. Inside."

"That's a value judgment."

Zhu Yijun wrote the word "Pagoda" and drew a horizontal line. Based on the fact that Nanya Glazed Tower has been standing for nearly two hundred years, this horizontal line representing the future will be very long.

Above the horizontal line is what Wang Qian said was the realizable value of glass promotion, advertising revenue, etc., while below the horizontal line Zhu Yijun wrote the non-realizable value.

After discounting these value estimates and calculating them for Liuli Pagoda, it became very clear.

A similar analysis can actually be applied to Chidao. Chidao is losing money in the short term, and even the household department is heavily in debt due to Suiyuan Chidao. However, as the number of steam engines increases, the time to recover the cost will be rapid. decline, and the realizable and non-realizable benefits it brings are also very substantial.

"This method is good!" Zhu Yijun quickly used this analysis method to analyze several things.

For example, the income from a ship ticket is ten to fifteen years. At that time, the wooden-hulled ship will be scrapped, and the annual dividend is two to three silvers. Then it is clear that the overall income is twenty to thirty silvers. Between silvers, plus the risk of return rate, if it is less than 15 silvers, it can be bought, and if it is higher than 20 silvers, it is high risk.

Now the Royal Ship Design Institute is studying the wooden shell copper-clad technology. Once a breakthrough is made, the life of the ship will be greatly improved. By then, the value of the ship's tickets will also appreciate, which is good news.

"It's interesting." Zhu Yijun tried it a few more times, and it was indeed very easy to use. He said with a smile: "Young Master Wang should make money."

Wang Qian holds a large number of Chidao Tickets and is considered the largest shareholder among the retail investors of Suiyuan Chidao in the Ming Dynasty. The largest shareholder is the national funds and internal funds of the Ministry of Revenue. Wang Qian is the first person to be optimistic about Chidao Tickets. First, Wang Qian was already very optimistic about it when it was just a concept.

With the continuous construction of Chidao, as well as the progress in the scale, number and miniaturization of steam engines, and the improvement of the banknote drawing branch system, the price of Chidao tickets has increased.

Wang Qian's own wealth also increased from one million silver to about 1.7 million silver.

It is worth noting that Suiyuan Chi Road has not yet been repaired. Once it is repaired and the Chaoguan Branch is established, it is conceivable that Wang Qian's personal wealth will soar.

"I have this memorial." Wang Qian took out the memorial from his sleeve. "Analysis of Valuable Notes" contains tens of thousands of words, all of which are analyzed around value.

"Leave this memorial here with me. I will study it carefully." Zhu Yijun read two lines and knew that he could not just read it hastily and give an answer.

"Your Majesty, many people regard investment as speculation, but investment is investment, not speculation. Speculation is the attempt to get rich overnight. They have no judgment at all about the value of the tickets in their hands and blindly follow the trend. This also leads to them losing money when they enter the market. "Wang Qian once again stated what he has always stood for.

Speculation is speculation and investment is investment. If they are lumped together and talk about the myth of getting rich overnight, it is all false.

Zhu Yijun left Wang Qian's memorial. Wang Qian heard about the placement of Shen An's wife. Shen An's mother and son and daughter were properly resettled. These two were the only ones left with Guo Youzhang's bloodline in the hinterland of the Ming Dynasty, but their surname was Shen, not Guo. , the more troublesome thing is the attention. This matter is too big. For Shen Anniang, the more attention means the more harm. There is no way, we can only wait for time to settle, and these attentions More caring than abusive.

Guo Youzhang is such a scumbag.

"Your Majesty, I don't understand why the Southwest War does not even require money and food from the capital, but no one in the court is worried about the possibility of converting the southwest vassal town? Isn't this out of the court's control?" Wang Qian asked in confusion. .

Zhu Yijun also said with a puzzled look on his face: "Because the Duke of Guizhou's Mansion is originally a vassal town. It is already a vassal town. Why should we worry about becoming a vassal town?"

"what?"

"That's it, isn't it? Do you think it's a good thing to be in the southwest of Yongzhen? That place is poor and rugged, and guarding the southwest is not just a simple matter of suffering." Zhu Yijun said with a smile: "What is enfeoffment? It is a road with blue wisps and rough grass. Traveling through the mountains and forests to serve the Emperor."

Southwest was originally the enfeoffment system of the Ming Dynasty, and it was originally a vassal town.

There is no need to worry about breaking away from the control of the imperial court, because the Duke of Guizhou needs the support of the imperial court when facing the growing seedlings in Yunnan. Only with the Ming Dynasty can the Duke of Guizhou continue to exist.

As far as the southwest is concerned, even if the first industrial revolution started with the steam engine, it would take at least a hundred years to develop it, which is very difficult. If the Duke of Guizhou had a choice, he would definitely go to Nanya or Beiya to enjoy peace.

Zhu Yijun thought for a moment and waved his hand and said, "No, I made a mistake. It should be Fanli, not Fanzhen. Fanzhen has a strong derogatory connotation, so Fanli is better."

"Then I have no doubts." Wang Qian suddenly realized at this point that he had a clearer understanding of the current war in the southwest. It was the Ming Dynasty's fence that was fighting against Toungu, including the old port governor's palace.

"I excuse myself." Wang Qian left the imperial study. As he was leaving, he glanced at the hurriedly walking people in the imperial study, Zhongshu She and the eunuch who made the gift of a pen. He sighed heavily. Your Majesty is really diligent and has made a gift of a pen. The eunuchs were also very busy.

According to the eunuch report, the eunuchs only existed during the Xuande period. A generation of bad governance was actually the reason for the opening of the Xuan Temple.

But in fact, there were eunuchs with pens in the late Yongle period. For example, "Ming Tongjian" has a statement in July of the first year of Xuande: under the seal of the Secretary of Ceremony, eunuchs with pens are the most important, and documents written by foreign officials will be approved by the imperial pen. In addition to several copies, the internal officials followed the inscriptions drafted in the pavilion and marked them with a red pen, thus establishing contacts with the foreign court.

So this is the law established by the Yongle ancestors.

In the first year of Xuande, Emperor Xuanzong was busy personally conquering the Han Dynasty to put down the rebellion.

Zhu Yijun opened Wang Qian's valuable note analysis. The more he read it, the more he liked it. He also personally commented a few sentences and said to Feng Bao: "Let Sanjing Factory engrave and engrave it. This analysis is very good and solves many problems. "

If Wang Qian was just a dandy, Zhu Yijun would not be so fond of him. He is very talented, but because his father is the Minister of the Ministry of Punishment, he can only live in the shadow of his biological father.

Wang Qian's ideal in life is that when others mention him, the first thing they think of is Wang Qian, not his father.

Despite the hard work, the mad sand is blown out and the gold is reached.

Wang Qian's analysis is destined to occupy a pivotal position in the history of investment, because for the first time, the method of measuring value has such an intuitive standard.

The entire memorial talks about four things.

The margin of safety, don’t invest outside your own cognition, otherwise you will definitely be harvested by the information gap. If you are not outside your own cognition, you will not panic, and you will remain motionless in the face of public opinion.

Focus on industry, don't listen to those brokers, they are all liars, getting rich overnight never exists in this world, and any myth of wealth is just a myth.

The market comes first. We must respect the laws of the market. At the very least, we must understand financial statements and be able to extract information from public financial statements, including competitiveness, industry structure and development prospects, etc. Only in this way will we not be fooled. Being deceived by stories, you can't even do basic value analysis. Being blind will only lead to ruin.

Prices fluctuate around value. A worthless ticket suddenly has a price that greatly exceeds its value. A piece of stinky dog ​​shit will always be stinky dog ​​shit. Even if it blows up to the sky, it will still be stinky shit. A pair of socks cannot be sold for a five-masted ocean ship. The price is not good even if it is produced by Huangzhuang.

"After the engraving is printed, it is placed in Yanxinglou Trading House. When buying tickets, let the brokers and compradors have a copy. The boss's money does not fall from the sky. If they can't copy the instructions, they shouldn't do it either. This is it." Zhu Yijun loves the analysis of valuable instruments.

Feng Bao shook his head helplessly and said: "As for the gang of jealous guys in the trading house, they all have their eyes high and think that they are the smartest ones in the world. Are they willing to read this book?"

Zhu Yijun said with a smile: "In this case, don't call this book "Analysis of Valuable Tickets". If you call it this name, it will be weird if they are willing to read it. If you do this, change the name to "Four Secrets of Wang Qian's Fortune". If you choose a name like this, They will watch it.”

"Ah?" Feng Bao was stunned and said, "Your Majesty really knows how to name names."

Zhu Yijun said with a smile: "As long as they open the first page, they will not put it down. This is the first classic in the field of investment in the Ming Dynasty. For many economic compradors who are sailing in the sea of ​​hardships, it is like a beacon, illuminating their way forward. "

"The minister obeys the order."

Feng Baozhen changed it to this name and put it for sale in Yanxing Building.

Wang Qian was very excited when he saw this book on the counter of Yanxinglou Trading House. After all, his memorial had been annotated word for word by His Majesty himself. When he walked over with great excitement and saw the name, In an instant, everything was bad, and life became gloomy.

In that brief moment, Wang Qiandu had the urge to go to Huangjimen Fugu!

Don't be such a bully! After all, he, Wang Qian, was also a serious Jinshi in the Ming Dynasty, and he was a dignified fourth-rank censor of Qiandu! How could the Emperor of Ming be so bullying!

But such an explosive title helped the circulation of information. In the end, Wang Qian, an admirer of authority, put aside his thoughts. At least the subtitle was still "Analysis of Valuable Tickets."

After Wang Qian returned home in despair, he met his father.

"You're back? I heard that the book written by my son has become a bestseller in the capital? Wow, "Four Secrets of Wang Qian's Fortune", wow, I didn't know you had such a secret!" Wang Chonggu said with a smile on his face.

Wang Qian became angry and said loudly: "Dad! Next time I will write "The Unknown Side of My Second Assistant's Father". Let's see if you can still laugh!"

"You traitor! Eat my ring-headed sword!" Wang Chonggu was so angry that he felt dizzy. He immediately took off the seven-star ring-headed sword from the knife holder and started chasing him.

The traditional drama of the Ming Dynasty, where Wang Cifu killed his son, was staged again. This time Wang Chonggu chased him for four streets. He was really old and strong, but in the end he failed to catch up with his son.

Wang Qian had to wait for his father's anger to subside before he could go back, so he wandered to Taibai Tower, intending to use the pocket money given by his father to send ten flower baskets to the girl he liked. As a result, as soon as he walked into Taibai Tower, he was chased and asked about the best sellers. About the book, Wang Qian returned home in numbness.

"Dad, go ahead and chop it, I won't run away!" Wang Qian stood in the main hall in despair. The name of the book was really a bit too shameful.

Wang Chonggu said cheerfully: "Actually, I have read your book. It is very well written. It is a combination of theory and practice. It is meaningful and reasonable. Although the name is a bit shameful, isn't it for the sake of dissemination? "

"That's good. What parents want most is not to worry about their children's future."

(End of this chapter)