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Chapter 14 Investment Sutra: Scarce energy has more "money" opportunities

The best investor 周德文 1562Words 2018-03-18
After Wenzhou people failed to invest in coal in Shanxi, for a while, there were all kinds of opinions about Wenzhou capital.Some people sympathize, some gloat, and some are indifferent.As for the parties involved, Wenzhou coal bosses, except for those who suffered serious losses and asked for an explanation, a considerable part of them did not speak out.Pressed by the reporter, he just popped out a sentence: "There is nothing to say. As people with vested interests, we can't get rid of ourselves, but the matter is not what it is rumored to be." The ambiguous answer added to the mystery of the matter .

In fact, although Wenzhou Capital was planted in Shanxi in 2010, it was far from being completely destroyed.Many Wenzhou bosses not only did not stop to grieve, but immediately picked up their mood and re-invested in new projects with new enthusiasm.The reason why they recovered so quickly is that according to roughly similar investment ideas, they quickly recruited new high-profit projects—scarce energy sources other than coal, such as gold mines, silver mines, copper mines, manganese mines, Molybdenum ore, chrome ore, nickel ore, salt fields, etc.These investments are not as big as the investment in coal, and some may be invested abroad, such as mining copper mines in Zambia.

From a professional point of view, gold, silver, copper, manganese, chromium, including coal, oil, etc. are all non-renewable resources, and the use of a little on the earth is less, and the value will only increase, and the price will also increase. higher.People in Wenzhou took a fancy to these advantages of scarce energy, so they did not hesitate to invest in it. It is very likely that the initial investment was not very smooth. For example, when investing in coal in the 1980s and 1990s, the price was not high, but in the long run, coal prices are inevitable.Therefore, although people in Wenzhou lost more than 10 billion in capital due to investment in coal in 2010, they are still "vested interests" and they have made a lot of money in the past few years.Perhaps based on the lessons learned from the failure of coal investment, Wenzhou people kept a low profile when investing in other scarce energy sources, and rarely organized large-scale contracted mines.If you really want to invest heavily, you go abroad.

From the perspective of the market, China's economy has maintained a relatively fast growth rate, which requires that the country can provide enough resources and energy to meet the needs of industrial development.When the resources produced by the country are not enough, they can only be imported, such as oil, iron, gold and so on. Although there are many reasons for insufficient resources, such as technology, storage, or other human factors, it may be difficult for countries to solve these problems in a short time, and eventually they have to import at high prices. But for Wenzhou people, this is a good business opportunity. Although there may be great risks, mining minerals by oneself will benefit the country and self, and more importantly, realize self-interest through benefiting the country, and the profits will be even greater.Maybe the country's policies may change repeatedly in the short term, but Wenzhou people don't worry about this. As long as there are "huge profits", it's okay to take a little risk. Maybe even if they lose like coal, they will make a lot of money before that.

There are many factors that prompt Wenzhou capital to invest in scarce energy. In addition to these two basic factors, some Wenzhou bosses still invest with the idea of ​​"eating what others can't bear and earning money that others can't earn".Because the mines with rare resources are mostly located in remote mountainous areas, the living conditions are relatively harsh, and ordinary bosses may not be able to accept such a "disgraceful" life.For example, there was a Wenzhou couple who went to Northwest China to invest in oil wells, where they stayed with the workers who drilled the wells.Such investment projects may not be ideal for bosses who often travel to and from bustling cities, so they are willing to get involved.This leaves a relatively blank market for Wenzhou people, ensuring the monopoly of Wenzhou people in this market, so it is easy to make profits.

In addition, there is the problem of investment cost.Ordinary people may know that investing in scarce energy is profitable and profitable, but these energy resources are relatively "commodities" and cannot be won at a cost of 30,000 to 50,000 yuan, so they will not get involved easily.Wenzhou people are different. They have accumulated more than 20 years of capital, have a group of chambers of commerce, and have relatives and friends to help them. Therefore, the investment cost is not a big problem. After finding an investment project, they can decisively win the mining contract.This factor is not only the reason for the smooth investment of Wenzhou people, but also a result of Wenzhou's investment spirit and investment thinking, with a certain degree of inevitability.

It can be seen that investing in scarce energy, whether it is a big profit or a loss, the project itself is a very "money" investment.It is inevitable to make a lot of money, because the advantages of scarce energy are obvious, and Wenzhou people have foresight, courage, and capital; if they fail, it cannot be said that the project itself is not good enough, and it cannot be said that Wenzhou people chose the wrong project for scarce energy. Not to mention that their investment vision has deteriorated. It can only be said that many unknown factors have disrupted their plans, such as national policies and natural disasters.

Winning is inevitable, losing is accidental.Between accident and necessity, doesn't investing in scarce energy become an investment where "the benefits outweigh the risks"?People in Wenzhou already knew the benefits here.
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