Chapter 104 compare who is stupid, who is more stupid

compare who is stupid, who is more stupid Feng Tang Mr. Jing Lian said a few days ago: "The stock market is like a casino", which stabbed the hornet's nest.There are those who are heartbroken, and they are small shareholders who have lost their hard-earned money and have little chance to make it back; there are those who pretend to be angry, and they are bankers who have made easy money but are worried that someone will disrupt the situation. In fact, Mr. Wu just said a big truth, so he committed some kind of taboo.The world is not afraid of good words, bad words, or nonsense, but the truth.I think of a joke told by Lu Xun: It is said that the rich family celebrates the young son’s full moon. Guest A said, this son is handsome, and when he is promoted, he will be served with wine and meat from the rich family; This son's physical body will definitely die in the future, and the big family will beat him away with a stick.The same goes for the stock market. People who say good things like guests A and B blow up bubbles: the Internet, media, biology, and the Olympics. run."In fact, the dealer is not even afraid of speaking ill, and allows guests A and B to sigh and pretend to be righteous. The dealers are just taking advantage of low positions to build positions, waiting for guests A and B to blow the next bubble.The big family said, after all, his son is his own son, so what can he do? The banker said that the state stipulates that the stock market serves the reform of state-owned enterprises; Woolen cloth.However, the dealer is afraid of people telling the truth, the dealer has to do it, and the last thing to do is to tell the truth.The truth is like a shit-stirring stick. You can't let more water, and you can't let less water. It will only mess up everyone's situation.In ancient and modern China and abroad, landlords and rich people are all vicious. Whoever disturbs the livelihood of the banker, the banker will take away his livelihood.The biggest label for Mr. Wu is: Seriously hindering reform and development and economic take-off.If Mr. Wu hadn't been gray-haired and looked highly respected, and if Mr. Wu hadn't been able to control the interest rate like the old man in the United States, the dealers would have spent 1,800 yuan to hire two capable migrant workers from northern Sichuan to make money. Old Wu's sap.

In fact, Mr. Wu just said a piece of nonsense, ancient and modern, Chinese and foreign, where is the stock market not a casino?When is the stock market not a casino?Look at the U.S. stock market, which is at the forefront of development. A book called "Stupid Money" says: "Wall Street is the most manipulated, evil, and corrupt market on earth today. All financial reports are faked. All news reports are false." The earth is round, and all the crows in the world are black.Push one more level, even if it proves that the stock market is a casino, will gamblers stop gambling?Wealth still needs to be relatively concentrated. After the bankers satisfy their selfish desires, they will still use relatively concentrated funds to do relatively good things.The dream of getting rich overnight is still something to do, and it is easy for small shareholders to forget. Three daily limits can strengthen the public's confidence, and then go to run on the bank.Pornography and gambling have been going on through the ages, and they have a physiological basis.When the essence is full, it overflows, so after a period of time, I think of the fireworks and willow lanes, and forget the danger of the willow disease.When a drug addict is committed, the opioid receptors in the body are waiting to be fed, and a needle must be injected.Gambling is the same. If several people play mahjong, those who want to stop must have won money. Those who can’t get down on the table must have failed to draw after four rounds. , sixteen more laps."

Since the stock market is like a casino, the next question is: How do small shareholders play in such a stock market? One solution is to follow the value principle. In the early spring of 2000, the Nasdaq reached 5,500 points, and the big bubbles were crystal clear.In a cathedral in Atlanta, I met Warren Buffett, the stock god who came to open the board of directors of Coca-Cola.The stock god has a stubborn face, firmly believing that a big bubble is a big bubble, no matter how beautiful it is, it is still a big bubble.He preached on the podium: "The first is value, the second is value, and the third is value. Just like buying products and services that you can use in the market, you should go to the stock market to buy products and services that satisfy you. Stocks of companies that serve.” A year later, the Nasdaq fell below 1,700.The value principle of stock god is embodied in Peter Lynch.This king of funds knows the hundreds of companies he handles stocks like the palm of his hand, and keeps track of them at any time.This program does not apply to Chinese investors.value?The value of Chinese listed companies?According to Morgan Stanley, among all listed companies in China, only 20 have investment value.How much is it worth, who knows?Furthermore, even if China has Cisco and General Electric, if you buy 3,000 shares and let them sit for 20 years, what is that called stock trading?For people who are keen on pornography and gambling, it’s like telling them to get out of nightclubs and sleep with their wives; cherish life and eat more fruits; stay away from the poker table, open a bun shop, and sell a bun for a dime.

Another option is to follow the Great Fool Theory.According to "Stupid Money", "In a market supported by confidence, everything depends on whether the enthusiastic participants can maintain confidence in the market prospects." If you want to make money, you must find a fool bigger than yourself .Whether the price-earnings ratio of the Chinese stock market is 50 times reasonable has nothing to do with your money.As long as you find the bigger idiots who think the P/E ratio should be 51 times, you can make money.To really use the big fool theory, there are still many skills to learn and master, such as basic technical analysis (it has nothing to do with mathematical economics, financial derivatives and Nobel prizes, big fool!), such as news collection and processing (don’t worry about it! Ask if the news is true or not, you idiot!), such as popular psychology.I'm going to hold a class in the future and teach the Big Fool theory for a fee.Now, one of the important principles can be revealed: You need to overcome two demons, one is greed and the other is fear.Buy today, sell today, leave no stock overnight.Post-modern, pay attention to one-night stands.Don't be greedy, and don't think that someone who has slept once can be your lifelong support.Don't be afraid, just place an order when it's time to order, Viagra has already started to work, and my wife is still working overtime.

Hurry up and sign up for my study class, compare who is stupid, who is stupid than who, big fool! ("Stupid Money", by Joey Anuff, Gary Wolf, China Youth Publishing House, first edition in July 2001, 16.80 yuan)