money player

Chapter 197 The Troubles of Young Buffett
That night, Xian Yaowen left Golden Finger alone and slept alone.

The next day.

Soon after going to work, Xian Yaowen took Yang Leimeng out.

Just a few minutes ago, he suddenly discovered that Yang Leimeng was full of advantages that were worth cultivating, and he wanted to keep them with him.

As for Yang Leimeng's greatest advantage, right under his butt, there is a Mercedes-Benz 170S. It has a popular appearance in the s, but inside it uses a lot of current automotive high-tech. It is a good car.

This car, the front seat is spacious and the back seat is cramped. It was probably designed as a pet seat, but Xian Yaowen still sits in the back seat and the female driver drives. It's better to take it easy.

"Jin, do you often hold gatherings of international students at your home?"

"Yes, it is held once a month. Everyone eats Chinese food together and speaks native dialect. It is very lively."

"Oh, are there any international students studying economics and planning to work on Wall Street?"

Yang Leimeng thought for a while and said: "As far as I know, there is only one. His name is Cai Zhiyong, a Shanghainese. His mother worked as a female agent in Shanghai, speculating in real estate, gold, stocks, cotton, and foreign exchange. The game took off and was very powerful.”

"Jiubang, has he graduated?"

"I have graduated and am looking for a job."

"Do you have his contact information? I would like to invite him to dinner and meet him."

"Yes. Boss, do you want to trade in stocks?"

"I have this idea that if I marry too many concubines, I won't be able to support them if I don't find more ways to make money."

Yang Leimeng frowned and said, "Boss, don't you think my concubine is disrespecting women?"

Xian Yaowen chuckled and said: "Sometimes the person you marry thinks it's good, and the person you marry thinks it's good, but the person you're looking at thinks it's not good. Whose fault do you think it is? Some women are pursuing female independence and liberation, but you can chase after them. Go, she never felt happy, why?
The most troublesome thing in the world is self-righteousness. Some people impose what they think is good on others in the name of revolution. Dictators regard themselves as saviors and are addicted to the shouts of long live the saved, but never listen to what they really want. .

Didn't you think of doing this? Or is it because you don't dare to do it?

If you respect me or not, you should ask my aunts and wives... instead of directly judging disrespect based on your knowledge. First of all, why are you sure that your knowledge must be correct? Secondly, corruption does not necessarily mean bad.

I talked about dialectics in the "Tao Te Ching", but it seems that all that has been passed down is debate. Twelve points for being reasonable, three points for being rude, and nothing more than slamming the table and scolding your mother. I am Kong Lingkan of the Confucius family. My ancestor Confucius said this. , the foreign exchange in Shanghai belongs to the Kong family. "

Yang Leimeng giggled because of the last sentence. She was in the circle and had naturally heard about Kong Lingkan's operations in Shanghai. She also laughed louder because of the debate and dialectics.

After laughing, she began to reflect on Xian Yaowen's intriguing words.

She recalled her story. Xian Yaowen, who had been hit by a single blow, opened the newspaper and read it.

Originally, the person he wanted to inquire about was Cai Zhiyong. There have always been many Chinese people on Wall Street, but the only one who can really be regarded as the leading player is Cai Zhiyong. With the help of a talented person who can soar to the sky on his own, it is a very good investment choice. .

Twenty minutes later, Xian Yaowen and the others appeared on the Columbia campus and followed the signs to the lecture theater where Benjamin Graham gave his public lectures.

Benjamin Graham is an outstanding person. There is no need to say more about his life. As long as he puts on the recognized title of "Godfather of Wall Street", you should know how awesome he is. It is necessary to listen to his lectures. What's more, Xian Yaowen still wants to be here. Meet a little guy.

After scanning at the door of the classroom, Xian Yaowen located a handsome young man. Seeing that there was an empty seat next to him, he quickly walked over.

"Hey, buddy, is there anyone here?" Xian Yaowen came to the young man and pointed to the empty seat.

"No, just sit down wherever you want."

Xian Yaowen sat down next to the young man and introduced himself abruptly, "I am Adam Hepburn, not from this school."

"I'm Warren..." The young man hesitated for a moment, then continued to introduce himself, "Warren Buffett, from this school."

"What to study?"

"finance."

"Cool. I make magazines, men's magazines, and I invite female models and celebrities to come and take photos."

Buffett's eyes lit up, "Cool, anyone?"

"Marilyn Monroe is coming over soon."

Xian Yaowen suddenly felt guilty, as he was about to pluck out all of Monroe's wool.

"Cool, cool, cool." Buffett sighed, but hesitated.

Upon seeing this, Xian Yaowen said: "You know that magazine photography is different from ordinary photography. It is a big project and requires many people to work together. My magazine has just started and I have to find people from outside temporarily. If you are interested, you can try it. "

"Yeah, I'm interested."

Xian Yaowen pointed to the position of the podium, "Mr. Graham is here, we will talk later." "OK."

Graham is an economist and financier, and he is a practical person. Unlike some economists, who can talk about the macroeconomics of the world and the country with just one mouth. However, if you analyze their sources of income, they do not come from economics and investment. , but comes from finance.

Graham has his own investment company, and he has been making waves on Wall Street very early. He once intervened in the merger battle between DuPont and General Motors and made a lot of profits. However, compared with his actual combat record, the investment theory he summarized is more Watch.

The lecture was very exciting. Graham focused on the "margin of safety" theory he summarized. In plain English, it means "I am fearful when others are greedy, and I am greedy when others are fearful." The appearance of this sentence will become the investment of many people. According to the Bible, when the market waves are not so weird, they will gain a lot, but when the waves are spiraling, they will tell the world that it only takes 2.7 seconds to get from the th floor to the first floor.

When people gain benefit from a theory that they seem to understand but not understand, they tend to elevate it to the level of the Bible, regard its guidance as the truth, and never doubt its correctness. When it is considered the most correct, it is overwhelming. The sickle also appeared.

Listening to Graham's deep magnetic voice, the devil's whisper appeared in Xian Yaowen's mind, reminding him to remain skeptical, doubt the people and things that have been correct for decades, and doubt everything.

It's tiring to be suspicious all the time, but it can guarantee that he will not become a capricious villain, just like some people who live by exposure. Those who praise them the most will be the same group of people who trample on them the most. When you are in love, your farts smell good. , hating Shixiang is also a fart, love and hate are clearly expressed in the same thing, and they still boast that this is growth.

Subconsciously caressing his chin, Xian Yaowen's thoughts entered into the thought of "how to harvest this type of people at the point of growth." Let's call them leeks. The typical characteristics of leeks are that they can rain when they hear the wind, and they can't hear the rumble of thunder. They are deaf and have weak ears. The food is soft and soft, and if you feed them swill repeatedly, they will conclude that this is the true knowledge of the Manchu-Han Banquet. This is the taste, authentic.

Inertial thinking, crying wolf, and maverick, countless words floated in his mind. Gradually, the word "swill" became bigger and bigger, and a subtitle appeared below it - How to make leek eat swill and feel superior?

While he was doing two things, he heard applause, and when he regained his concentration, he applauded, just in time for Graham to do product placement. Graham explained his Geico Insurance Company as a case, which was quite attractive for investment. .

Xian Yaowen tilted his head towards Buffett and said in a low voice: "Warren, do you know GEICO Insurance?"

"Of course." Buffett nodded, "Professor Graham is my mentor. I am an intern at Graham Newman, which is the professor's company."

"Cool. So, you're investing, right?"

“Yes, there was very little funding and no big gains.”

"profitable?"

"of course."

Xian Yaowen patted Buffett's arm and said, "Listen to me, I am happy to be your Algernon and entrust you with a sum of money."

Algernon, an English professor at Columbia University, was a key figure in Graham's investment journey. In 1914, Algernon entrusted Graham with $1 for investment, which was Graham's initial investment. Revenue sharing.

These are what Graham said at the beginning of the lecture, not Xian Yaowen's memory.

Buffett was surprised: "You want to entrust me with investment? Why? I mean, uh, we just met and don't know each other at all."

Xian Yaowen smiled and said: "Why don't you ask me how much money I plan to spend? Warren, I plan to entrust you with 2000 US dollars. This amount of money is not much to me. Compared to investigating who you are, I miss you." The rate of return will be more direct. Mr. Graham’s students are worth $2000, right?”

Buffett smiled knowingly, "I think so, this is the first time I have accepted a commission...except for my relatives, I need to take some time to think about how the agreement should be written."

"Come on, that's not a problem, is it? Go to my office tomorrow and I'll introduce you to a very cool job. You can take a check with you when you leave."

"OK."

Buffett's father Howard once opened a securities brokerage company, which was not very successful. During the Great Depression, he almost couldn't make a living, but Howard deeply influenced Buffett. When he was very young, Buffett was thinking about making money and was obsessed with mathematics. , especially compound interest, he would use the income from selling chewing gum and Coca-Cola to buy golf balls he found from his friends, and then resell them to get the price difference.

He started investing in stocks when he was a teenager. He made losses and profits, but also missed several opportunities to make big profits. He was obsessed with stocks, which also prompted him to study finance and business management at the University of Pennsylvania in college, but he felt that the professors His short-selling theory was not enough, so it took him two years to finally find the opportunity to enter Columbia's Department of Finance and study under Graham.

He is obsessed with investing, but he is still in the learning stage. He is not even a fledgling. Now someone is willing to entrust him with investment, and it is still a huge sum of 2000 US dollars. How can he not be excited? He is simply excited. He Consider this the starting point of your own investment journey.

Compared with Buffett's positive outlook, Xian Yaowen is much darker. He hopes that Buffett will lose nothing of the US$2000. He will pat the other person's arm, say "It doesn't matter", and then hand over a US$2 note. Cheque.

……

Lunch was not settled at Columbia. On the way to Darby, Qi Longque bought a few ten-cent hamburgers in a familiar way, and the three of them leaned in the car and ate and chatted.

Yang Leimeng was very curious about her boss. In the morning, she asked her to go out with him for no reason. He went to listen to a lecture first, and then ate burgers that dogs wouldn’t eat. She had already guessed the reason for taking her out with him, but she didn’t expect what would happen next. What will it do.

"Boss, where are we waiting?"

"Dabith."

"Rosser Reeves's Darby's?"

"Ha, you know him." Xian Yaowen chuckled.

"He's famous, and professors at school have talked about his ads."

Xian Yaowen took a bite of his burger and nodded, "Yes, we are going to Darby's where he is the chairman. Maybe you can meet and shake hands with celebrities."

"We're going to advertise?"

(End of this chapter)