Brilliant Years 1991

Chapter 154 Daily Life of Rich People
But this isn’t surprising at all!
Look at the world environment in the past few years. First, there were great changes in Eastern Europe, and then the stock market and real estate bubble in Japan was punctured, resulting in a major collapse. Last year, the Soviet Union disintegrated again. In between 90 and 91, America even fought the Gulf War - it was really chaotic!
Lowering interest rates will, on the one hand, help release more rice knives to flow around the world, so as to reap the huge and attractive high-quality assets left behind after the collapse of the original systems in Eastern Europe and the Soviet Union. On the other hand, it can also stimulate investment and consumption, boost the economies of certain countries, and make them hot, making it easier to buy at the bottom next time!

What is beyond doubt is that Cao Yukun can be sure that the next time American capital will come out to buy at the bottom will be in 1997 - the Southeast Asian financial crisis!
Then, working backwards based on the results, around 1995, or possibly even earlier than 1994, the Federal Reserve should have ended its interest rate cuts and started to raise interest rates violently - after all, countless experts in later generations have analyzed and concluded that the interest rate tides of the US Federal Reserve are harvesting the world, and that's the law!

In about one or two years or two or three years, the overheated economies in East Asia and Southeast Asia will explode.

On the contrary, under the control of a series of economic policies, the domestic economy has been able to withstand overheating and the fiscal revenue has been successfully collected by the central government. Therefore, by 1997, the country not only withstood the financial crisis, but also helped to hold on. Subsequently, the country welcomed a large influx of international funds and technology.

After 2000, the manufacturing industry began to take off.

That’s right…this is what’s really going to happen in the next ten years!

So in fact, it is clear that the country is now trying hard to suppress the rapid rise in asset prices. It will not release this suppression until this wave of rice and knife tide has passed. So in fact, once the Southeast Asian financial crisis is over, domestic assets should start to rise sharply!
As for the subsequent era of real estate commercialization, which brought about wave after wave of skyrocketing housing prices, that was actually the next cycle - at the moment, all domestic assets are in fact at an absolute historical low, because this is the established policy of the government!

So if I can get a loan with low interest, then I should...

Ah!
I picked up the phone and called Shanghai again. The call was quickly connected. "Hello, it's me! Your ancestor! Hahaha, how have you been looking for houses recently?"

"Yeah, yeah, good, that's good. Oh, right! Since we're looking at more than just villas, if the real estate agency has any commercial office buildings for sale, we can actually go and take a look!"

"Don't worry, your man may not have much else, but he has plenty of money!"

"Well, go and watch it with peace of mind!"

…………

That afternoon, Cao Yukun went out and bought the second motorcycle in his life.

To be precise, it can be considered the first one, because the one in Fuping County is actually the Red Hare among the horses.

Without a doubt, I followed Guo Chaofan's "instructions" completely, bought the brand, model and displacement he mentioned, paid heavy taxes and registered the car. Then I called him again and made an appointment to meet at the modification shop he mentioned. We quickly decided on the modification plan - Guo Chaofan immediately felt very proud.

He hadn't inquired about his situation in detail, but Cao Yukun was very observant. He could feel that the Guo family had a very strict family tradition. As a result, Guo Hongying's two sons seemed timid in front of him, almost like mice seeing a cat.

It is conceivable that under such a strict family style and such a strict father's control, even though the family is rich, a 19-year-old boy like Guo Chaofan who is still in college actually has limited pocket money.

So I invited him to dinner in the evening.

During the chat, I easily got a lot of information that interested me.

There are four siblings in their family. Pansy Kwok is the eldest sister, born in 68, which means she is the same age as Hu Zihong and five years older than herself. The second oldest, Guo Chaoheng, was born in 71. He is the third oldest, the same age as herself, both born in 1973. There is also a younger sister, Guo Chaojun, who is three years younger than him and is only sixteen this year.

Guo Chaoheng likes models with long legs, while he likes innocent schoolgirls.

Guo Chaoheng has always wanted to buy a supercar and a luxury cruise ship of his own, but he is different. He likes big off-road vehicles, the more hardcore the better, and he likes to modify motorcycles. They must have a very explosive exhaust sound to look cool - he boasted that he has two girlfriends!
Cao Yukun laughed heartily and flattered him a lot.

By the time they finished their meal, the two had become like good friends and agreed that after Cao Yukun's car was modified, he would take Cao Yukun to the Chinese University to "blow up exhaust gas" and pick up girls.

…………

"Mr. Sun, please take a seat!"

On August 8, unable to resist Sun Yansheng's three consecutive calls within three days, Cao Yukun "helplessly" made an appointment with him to have afternoon tea together.

However, after sitting down, whether he talked endlessly about his MPEG video decompression chip technology or the research and development of VCD playback technology currently being carried out by his partners in the mainland, Cao Yukun was actually not very interested. After waiting for him to finish, Cao Yukun pondered for a moment and answered him, "Well, Mr. Sun, I do think what you are doing is interesting. Although I am not sure whether it will succeed, venture capital is about this risk. I am willing to invest a little. How about it?"

"How many?"

"Five hundred thousand meter swords, is that okay?"

"Well, of course, I welcome any investment, no matter how small it is. But, Mr. Cao, I think I need to explain to you that the risk in our case is not that great..."

"No! That's not what I meant!"

Cao Yukun smiled and waved his hands. He was probably more direct and sharp than the countless investors Sun Yansheng had met before. "I didn't say that what you are doing is risky. I said that if I leave this to you two... it is very risky!" "Uh..."

Sun Yansheng was confused for a moment, "What do you mean?"

Cao Yukun smiled and spread his hands. "I'm sorry. I don't mean to hurt you. I'm just stating my opinion on the VCD matter! In fact, it doesn't matter whether I invest or not. I don't mind if I invest more. I don't lack this little money. Of course, if you are unhappy, Mr. Sun, and don't want my investment, I still don't mind! But... simply from the perspective of wanting to do this well and make it a success, my personal suggestion is to let technology be technology, products be products, and the market be the market!"

At the beginning, Sun Yansheng's face clearly showed some anger.

After all, who likes to hear unpleasant words?

What's more, he is now running around to solicit investments. Essentially, he does this because he is extremely confident in himself and in what he is going to do.

Now, Cao Yukun did not even deny the possibility of VCD achieving market success. Instead, he questioned whether he had the ability to do this... It would be strange if he was happy!

But as he listened, the anger on his face gradually disappeared, and his expression became serious.

“Let technology be technology, products be products, and the market be the market?”

He frowned slightly, but his attitude seemed very good. "Mr. Cao, can you tell me more about it?"

Cao Yukun smiled and waved his hand, "No need, you don't have to get recognition from me. I just said that I can invest money in you, 500,000 US dollars, it's just a small amount! Of course, it's definitely not enough, but you can continue to look for other people to invest! When you have enough money, you can do it. Practice is the only criterion for testing truth! If you succeed, I admit that you are great. If you fail, I will also lose 500,000 US dollars!"

"No, no, no, Mr. Cao, I don't mean to be unhappy. I just want to ask, how can we do what you said, let technology be technology, products be products, and the market be the market?"

"Oh, that's easy. I mean... have you ever started a business in the past? Were you successful?"

"Uh……"

Sun Yansheng hesitated for a moment and smiled bitterly, "I made a little money, but the business... can't be called a success!"

So Cao Yukun nodded, "Yes! That's the truth!"

After a pause, he continued, "You should continue to do technology research and development, invest in technology, and enjoy the dividends brought by technology. This is the path you should take. I am a marketing person. I don't understand how beverages are prepared and produced. I almost don't care about production at all. I don't interfere. I am only responsible for selling the products! So, I make money! And when we met before, I knew from what you said that you don't understand the market, you don't understand it at all!"

Sun Yansheng nodded slowly, sat back, and seemed to have suddenly realized something.

But then, he sat up again, but before he could say anything, Cao Yukun's mobile phone on the table suddenly rang. He made a pause gesture, picked up the phone, answered it, and heard a familiar girl's voice on the other end of the phone, "I saw you!"

"Wow……"

Cao Yukun immediately looked up, then stood up and looked around. As expected, he soon saw that in this Hongkong tea restaurant, which should be very famous, there were about four or five booths diagonally separated by a few girls who seemed to be having a small gathering and drinking tea. However, they should have just come in and were still ordering food.

Pansy Kwok was holding a mobile phone in her hand and looking at this side with a smile on her face.

"I'll go over there? You come over here?"

In my sight, she laughed when she heard what I said, "What a coincidence! I thought I had some free time today, so I planned to call you after having tea with a few friends. I didn't expect to meet you here!"

"We are destined to be together!"

"Well, are you discussing business with your friends? You guys go ahead and talk first! I also want to chat with my friends about something, it will only take about forty minutes!"

"Oh, then...see you later?"

"I have already seen it."

"Ha, good! Bye!"

"Bye-Bye!"

(End of this chapter)