Starting with a fully invested A-share portfolio to become a capital...

Chapter 283: A 625 million-fold return rate—this is truly the king of speculative capital!
The sound waves crashed against the cold, hard walls and bounced back. Zhang Yang's last words, "Completely crushed in every way by others," echoed repeatedly in the empty conference hall. It was like a heavy hammer, striking everyone's chest one after another, causing many people to hold their breath for a beat.

Is it crazy?

Go wild, that's the way to go!

Who told them to be the notorious landlord of Fuchun Road?
3 seconds.

5 seconds.

8 seconds.

The conference room was silent.

Everyone was stunned, as if they had a fishbone stuck in their throat.

Online viewers who were relatively less affected, especially some retail investors who had been repeatedly scammed by "Fuchun Road," couldn't help but curse as soon as they came to their senses.

[Only Want One Person's Heart]: That's too arrogant, too flamboyant, oh no, Fuchun Road is just too arrogant, I challenge him to a duel!!
[Stock Trading to Support a Young Woman]: Are there any top-notch thugs in Shanghai? I'll pay 2 yuan to go up to Fuchun Road and beat them up for me, the really bad kind!
[Speeding and Light and Shadow]: To be fair, what Fuchun Road said wasn't wrong. The stock market is a place where big fish eat small fish. If you say your views and investment logic are correct, why not show your transaction records and let everyone see your returns?

[Poverty is the real incurable disease]: Although what Fuchun Road said makes sense, I still have to say, Fuchun Road, I'll fuck your mother!!!
Since it was the weekend, and during the midday break, the total number of online viewers across major platforms had already exceeded one million, with barrage comments scrolling like a tide, and the boiling popularity could be felt even through the screen.

It's no exaggeration to say that if Zhang Yang wanted to switch to live streaming, he would most likely become the pioneer of live streaming in China.

"Wow—"

The long-silent conference hall was finally erupted in uproar from the audience.

"What an overbearing statement!"

"Is Zhang Yang trying to say that his understanding far surpasses ours?"

“He certainly has the ability to do so.”

"As expected of the strongest speculative investor of the new generation—Fuchun Road! Ever since he shed his disguise, he seems to have become much more domineering. What should I do if I'm starting to fall for this guy?"

"Dude, be normal! Two guys shouldn't be talking about love!"

"He has a Sichuan accent, those who know, know; his physique should be considered...loli..."

"Zhang Yang Gege, I love you~"

The conference hall was now like a bustling marketplace, with everyone engaged in discussion and utterly awestruck.

Meanwhile, in a corner of the conference room, Li Xiaohu, the bodyguard and translator, had just finished translating Zhang Yang's words into English.

"Incredible!"

At this moment, the elderly man, wearing a baseball cap and a medical mask to cover his face, spoke fluent English, his eyes sparkling as he stared intently at Zhang Yang on the stage.

He is none other than Warren Buffett, the stock market guru recognized by retail investors worldwide.

Although the baseball cap and medical mask covered most of Buffett's face, his signature loose suit with a red tie and white pupils were very easy to associate with him.

Unlike Buffett's low profile, Charlie Munger simply wore a baseball cap, because his fame is far less than Buffett's, and he might not even be recognized on the street.

“He’s right. Capital markets such as the stock market, futures market, and foreign exchange market are playgrounds for people with high cognitive abilities. They can plunder the wealth of people with low cognitive abilities at will. Zhang Yang is indeed quite capable and sees things very clearly.”

Charlie Munger said calmly.

Many retail investors have heard of speculative investors who have mastered the art of trading, such as Xu Xiang. After losing all his initial capital, he successfully mastered the strategy of trading stocks hitting the daily limit and amassed 50 billion yuan in less than 10 years.

What is Tao?
The essence of Tao is actually destruction and reconstruction.

When Xu Xiang first got into investing, he copied Buffett's trading ideas and used the logic of value investing to play the A-share market. As a result, he lost everything.

The so-called enlightenment is to overturn the original unprofitable trading strategy and find a trading strategy model that suits oneself and can generate stable profits in the long term.

Many individual investors have been trading stocks for over a decade and still haven't found a suitable trading strategy, while some individual investors find a suitable trading model and start making profits in just one or two years, or even a few months or weeks. This is the difference in trading talent.

While hard work pays off in the stock market, trading talent is ultimately the deciding factor.

“Data shows that the funds at Fuchun Road have exceeded 10 billion yuan, while his principal in April was only 20 yuan. A 5000-fold return is incredible,” Buffett exclaimed.

It's worth noting that in his youth, he was a renowned short-term trading expert, with a maximum annual return of 100 times. However, Zhang Yang claimed a return of 5000 times, forcing Buffett to re-evaluate the young man who used him for advertising.

“If the transaction records leaked online are real, then it’s really a bit too much,” Charlie Munger murmured in agreement.

Warren Buffett and Charlie Munger's trip to China was to visit BYD's production plant, verify its technological capabilities and production capacity layout, and then decide whether to invest.

However, as soon as the plane arrived in Shanghai, before even transferring to Shenzhen, Buffett learned that Zhang Yang was going to hold a "situation briefing." Out of curiosity, he postponed his trip and went to the Shangri-La Hotel with Charlie Munger.

As for tickets or reservations?
Money can solve everything.

99.99% of things in this world can be solved with money; the remaining 0.01% is simply because there isn't enough money.

In the meeting room at that moment, besides Buffett and Charlie Munger, Larry Fink, CEO of BlackRock, was also present. However, he was wearing a knitted hat and rarely appeared in public, so many people did not recognize him.

I like his speech.

Larry Fink smiled and applauded him on his own.

Sitting next to him, Shen Yufan had to admit that everything Zhang Yang said was true, but it was too blunt and a bit hurtful.

Behind the two, there were also two people wearing hats and masks to cover their faces. However, judging from their clothing, one was a young woman and the other was a teenage girl.

The young woman wore a luxurious mink coat, a pearl necklace, and a limited-edition Chanel handbag on her lap, exuding an air of wealth and elegance.

The girl next to him was wearing a white down jacket paired with distressed washed jeans, giving off a strong college student vibe.

"Sisi, did you see that? From now on, you should look for boyfriends according to this standard. This is the kind of promising guy you can entrust your life to."

The more the wealthy woman looked at Zhang Yang, the more satisfied she became, and she was already thinking about whether she could have someone act as a matchmaker.

The girl named "XiXi" also looked at Zhang Yang in the distance, and said with a hint of inferiority, "I should lower my standards a bit. A young entrepreneur like Zhang Yang probably wouldn't even look at me."

"Ha, all men are the same."

The wealthy woman next to him sneered.

She had only ever heard of women disliking men for being poor, but never of men disliking women for being poor. In her opinion, as long as someone is good-looking and has some talent and background, they are more than good enough for any young entrepreneur, let alone a child from a high-ranking family.

……

3 minutes.

5 minutes.

9 minutes.

Zhang Yang kept the audience talking for a full 10 minutes before he spoke again when the noise subsided slightly: "I know everyone has a question, which is why I used the Fuchun Road seat to participate in stock market transactions?"

As soon as he finished speaking, the murmurs in the room gradually subsided, and everyone focused their attention back on the podium.

"call--"

Zhang Yang took a deep breath and recounted his past with great emotion: "I was born in a small county in northern Guangdong Province. It is surrounded by mountains, with inconvenient transportation and extremely backward development. People may think of Guangdong Province as a developed province where every household has houses to rent out, but that is not the case. Its development is extremely unbalanced. Resources are concentrated in the Pearl River Delta, and the development of other areas may not be as good as any district or county in the Yangtze River Delta."

“I have loving parents and a lovely younger sister. As the saying goes, people strive to go higher and water flows downhill. Since I started middle school, I have made a vow to help my whole family, and even my entire clan, get out of the mountains. This is my motivation and the reason why I chose to study investment.”

"I'm not afraid of being laughed at. When I was filling out my college application, since I didn't have a computer at home, I went to an internet cafe in the county town and booked a room. I searched on Baidu for which majors were the most profitable. At that time, Baidu's results were finance, especially financial investment."

"Then."

"I came to Shanghai University of Finance and Economics."

At this point, Zhang Yang paused for half a second, as if recalling the past.

“When I came to Shanghai Finance to report, I remember very clearly that my father drove me here in a taxi. At that time, we were both shocked by the prosperity of Shanghai, especially by the banner advertisements hanging on the real estate developments. The price of 6000 yuan per square meter was astonishing. You know, in our county town, a house costs less than 10 yuan, and that's in the most central location.”

"I'm back to my original vow: I want to move my whole family, and even my entire clan, out of the mountains. So during my university years, I relied on the Shanghai University of Finance and Economics platform to absorb investment knowledge, bridge the information gap with my classmates, catch up with them, and eventually surpass them."

"In March 2009, the Huaxin Securities Simulated Trading Competition was held online. This was also our graduation exam for finance students. The top ten students in the class in terms of return could directly enter Huaxin Securities Shanghai Branch for an internship."

"During this period, I produced my first market research report and sold it to my classmates for 30 yuan. Yes, I did not participate in the simulated trading competition. To be precise, my focus was not on simulated trading, but on my keen perception that the turning point of China's economy had arrived and that the 4 trillion yuan investment plan was breaking the domestic economic deflation with the momentum of turning the tide."

As soon as she finished speaking, Xu Zhirou clicked the mouse, causing the PowerPoint presentation to jump to the next page.

At that moment, the LED screen in the conference hall was displaying a screenshot of Zhang Yang's market research report, along with related payment records. Most importantly, there was also a picture of a securities account with 800 yuan, which instantly caused an uproar.

"No, 800 yuan?!" "Didn't the internet say that Zhang Yang used 20 yuan to leverage his investments? Could it be that he made almost 20 yuan from market research reports?"

"A classmate participated in a simulated trading competition, and Zhang Yang wrote market research reports to sell to his classmate. Wow, he's got the supply and demand dynamics down to the bone!"

"Dude, you're saying I made 10 billion from 800 yuan in a year? I'd rather you were lying to me, I can't accept this!"

"One, ten, hundred, thousand... Holy crap, a 125 million-fold return rate! No, this isn't Fuchun Road, this is a money printing machine!"

Not to mention the audience at the scene, the online viewers were completely stunned. They had expected Zhang Yang to be so perverted, but they never imagined it would be this perverted!
He had only 800 yuan in March, but by November he was already the owner of Caiyan.com, a leading financial website, and also had "Fuchun Road" with a cash flow of over 1 billion yuan. This terrifying rate of wealth growth left everyone speechless.

"That's bullshit! How could 800 yuan increase a million times in a year? Even TV dramas wouldn't dare to portray it like that!" Shu Yimin simply didn't believe it, nor did he dare to believe it.

How many times more did Xu Xiang achieve in a year?
1 times!
Yes, Xu Xiang, the mastermind, once achieved a return of 1 times in a single year. After that, the returns gradually slowed down until early 2009, when he had a conservative estimate of 50 billion RMB in funds under his control.

“I also think he’s bragging. It’s impossible to earn a billion from 800 yuan.” Ma Xinqi echoed, glancing at Xu Xiang out of the corner of her eye.

In contrast, Xu Xiang appeared calm on the surface, but in reality, his heart was in turmoil.

Did Zhang Yang brag?
He doesn't think so.

Based on the available information, Zhang Yang did indeed achieve an extremely high return rate, but no one expected that he would only have a mere 800 yuan in March.

In the front row of the conference hall, Wang Xingbang, a professor at Shanghai University of Finance and Economics, directly confirmed: "Zhang Yang's college life was indeed very frugal. In his freshman year, he even did part-time jobs. I knew about his selling market research reports throughout the process, and I even talked to him about it."

His voice wasn't loud; it could only be heard by people within three or four meters of him, which happened to be the range where Alibaba's CEO, Ma Yun, was located.

"800 yuan, only 800 yuan."

Ma Yun murmured to herself.

He suddenly thought of a phrase: "ten years to forge a sword."

This sword has been honed for ten years, and it's only natural that its sharpness has finally been revealed!
Ma Yun suddenly regretted it. If she had known that Zhang Yang had such a perverted past, she should have helped Caiyan.com obtain a "securities sales license" instead of choosing Eastmoney.

Now, not only Ma Yun, but also Liu Xingzhou, the general manager of Legend Capital, is regretting it so much that he's slapping his thigh. Back then, Zhang Yang talked about the "lazy economy" and attracted a group of venture capitalists. He thought this young man was a fraud, so he didn't invest. Now he has definitely missed out on a potential stock.

What do venture capitalists value most?
people!
Yes, it's people!

This is similar to Ma Yun wanting to start a new business. Even if his idea is absurd, such as installing an elevator on Mount Everest, there will definitely be a large wave of venture capital willing to invest.

Is it an idea being submitted?
wrong!

They are investors.

A person with successful entrepreneurial experience is like someone with a bachelor's degree from MIT. No matter which company they join or whether they have prior knowledge of the job, company leaders will assume they will quickly get up to speed because a bachelor's degree proves their intelligence level.

……

The murmurs from the audience did not interrupt Zhang Yang's speech; he continued to recount his experiences with a powerful and resounding voice.

"If you are a long-time user of Caiyan.com, you should know that I used to post on Baidu Tieba to accumulate followers, and then I created a paid QQ group to charge for market research reports. It was through real trading and market research reports that I earned my first 20 yuan, which I used to open an off-exchange leverage account."

Zhang Yang wasn't telling the whole truth, because he needed to conceal the fact that Lai Weijie had hired him as a ghostwriter. As for how to earn 20 yuan reasonably and quickly, he could only say that it was income from other channels, and the paid QQ group was obviously a reasonable explanation.

"After receiving 100 million yuan in available funds, a friend of mine was willing to donate another million yuan, bringing my available funds to 690 million yuan. What happened after that is basically known to everyone and is no different from what has been revealed online."

"but."

Suddenly, Zhang Yang changed the subject and said, "The only difference is that my current available funds are not 1 billion RMB, but at least 5 billion RMB. This is because I was the one who caused a huge uproar recently, and Hong Kong media reported on it for several days. I was the one who shorted the mainland with 10 billion RMB."

"!!!"

"!!!"

"!!!"

The audience was surprised again.

They knew that someone had gone to Hong Kong to short China Unicom some time ago, but no one expected that person to be Zhang Yang!
“I made a net profit of over 20 billion from that deal,” Zhang Yang stated.

Ma Yun: "..."

Shen Jun: "..."

Yi Zheng: "..."

Buffett: “…”

Larry Fink: "..."

Shen Yufan: "..."

Xu Xiang: “…”

Whether they were rivals or friends, they all fell into a long silence upon hearing that the settlement profit was 20 billion.

20 billion!

A full 20 ​​billion Chinese Yuan!

If you used that money to buy a house, wouldn't you be able to buy half of an urban village in a third-tier city?
Although she was mentally prepared, Xu Zhirou was still shocked when she heard that the profit exceeded 20 billion. However, she did not hesitate and immediately released the corresponding settlement receipt image. The dense list of financial institution names made the audience go wild, and the barrage of comments in the online live broadcast room was filled with messages.

[Popcorn]: HSBC, Goldman Sachs, Morgan Stanley, wow, Zhang Yang, are you serious?

[Lonely Little Wolf]: There's nothing more to say. I'm impressed that Zhang Yang could fleece us. This guy is ruthless; he even preys on foreign institutions!
[The Dark Night]: People who can survive in a poor county are indeed ruthless. I've gone from hating him to liking him. Zhang Yang treats everyone equally. I was wronged when he cheated me. I've let it go.

[That Winter]: I'm not just fed up, I'm completely helpless. Zhang Yang not only plundered domestic capital, but he also plundered foreign capital, and he made settlement slips worth more than HK$20 billion. What the hell can I say?
I thought "Fuchun Road" was a bully who only picked on the weak, but I didn't expect them to be so ruthless, not even sparing Wall Street capital like HSBC, Morgan Stanley, Citibank, and Goldman Sachs.

BlackRock CEO Larry Fink initially dismissed the ostentatious display, but now, hearing it, he was overwhelmed with a sense of utter turmoil, as if a meteorite had struck the earth.

An investment of 800 yuan in March and 5 billion yuan in November yielded a return of 624999900%, or 624.9999 times, which is very close to a return of 625 million times.

Larry Fink couldn't help but wonder, is this Zhang Yang even human?

Not to mention Larry Fink, even Warren Buffett, the stock market guru, stared wide-eyed in astonishment, exclaiming, "My God, a return of 625 million times? Are you sure this calculation is correct?"

Even the usually composed Charlie Munger was stunned, his voice hoarse as he said, "A new generation of traders, he might be the strongest one to stand out. His resume is too impressive."

If Zhang Yang were to take his existing transaction records to Wall Street, he was certain that no institution would turn this young man away, and even the Federal Reserve would extend an olive branch.

On the other hand, Shen Jun, the CEO of Eastmoney, subconsciously glanced at the date on his phone. There were still half a month until the auction of the "securities sales license". At this moment, he was already thinking, "Won't Zhang Yang turn 50 billion into 100 billion in these half a month?"

He used to think it was impossible, but now he thinks it's entirely possible.

Meanwhile, Yi Zheng, the CEO of Tonghuashun, which had received support from SoftBank, was also somewhat apprehensive. Zhang Yang was making money too fast, faster than a money printing machine.

Under the astonished gazes of the crowd, Zhang Yang continued his speech: "20 billion is not a boast, but a realization of self-worth time and time again. Finally, I return to my original vow: I want to move my whole family, and even my entire clan, out of the mountains that have trapped us. Since no one is there to support my ambition, I will brave the snow to reach the mountain peak!"

"I've worked so hard to earn so much money just for one thing: to bid for the 'Securities Sales License' in mid-December. To compensate retail investors, I promise that if Caiyan.com successfully wins the 'Securities Sales License,' I will give everyone an unexpected transaction commission of less than 0.03%."

Before retail investors could gasp in surprise, Zhang Yang continued, "Furthermore, I will continue to share my trading ideas on the Caiyan.com's speculative trading channel, and I will personally oversee the Caiyan.com's public fund channel in the future. Thank you all for your criticism and support."

The voice just fell.

Zhang Yang bowed in gratitude.

"Clap clap-"

The audience erupted in enthusiastic applause, with even Buffett clapping.

At this moment, the reputation of "Fuchun Road" has reversed on the internet.

[White Rabbit Milk Candy]: Is this a ruthless bookmaker from Fuchun Road? What I saw was not a ruthless bookmaker, but a young man striving to change his destiny!
[Evil Sword Saint]: If you enter the stock market, you have to be prepared to lose money. I have always felt that "Fuchun Road" did nothing wrong. If I had that understanding and ability, I would have chosen to do the same.

[Virus, leave quickly]: It's time for a change of the top speculative investor. Earning 50 billion RMB a year, I would call "Fuchun Road" the strongest speculative investor in history. No, not history, but a return of 624.9999 times in a year. There will never be anyone as amazing as him in the future. He truly deserves the title of the top investor!
[Haha Youth]: No wonder Joker is so knowledgeable about the stock market, awesome! I'm willing to join the "Rich Army" and harvest retail investors together. Let me bear that damn infamy!
Everyone loves to hear stories of young achievers and the poor rising to success. Every successful entrepreneur with such an experience will often talk about it to highlight how difficult it was for them.

Take Li Ka-shing for example. Everyone says he dropped out of school at 14 to make a living and is a model of starting from scratch. But did he really start from scratch?
not necessarily!

Without the support of his maternal uncle, his other uncle, and the rest of the family, he might not have been able to reach that position.

Nobody likes to hear stories of rich kids succeeding in business, because it's too easy for rich kids and children of powerful families to start businesses. They can easily control the market by simply using their parents' resources.

This is why entrepreneurs who have experienced setbacks in their youth will vividly recount that period, giving people the illusion that they achieved everything through their own hard work.

The leaders of securities companies such as Huaxin Securities, CICC, and Huatai Securities, who had originally just come to watch the show, were suddenly alarmed when they heard Zhang Yang say "transaction commission below 0.03%". They almost exclaimed in unison, "Oh no, he's coming for us!"

(End of this chapter)