Chapter 522 Investment and speculation
After Fan Wubing and Soros personally sent Lee Kun-hee away, Soros "Mr. Fan, is this the main purpose of your talks with me?"
Soros observed Lee Kun-hee's situation and felt that it was not like he had discussed it with Fan Wubing, so he had this question. In fact, while Fan Wubing clearly stated that he wanted to interfere with the Hong Kong market, he knew that things should not be done.^^
In the past, they wanted to attack the Hong Kong financial market because they calculated that the foreign exchange reserves in the Hong Kong market could not withstand the storm of their own financial giants. Especially the mainland of China has encountered a super flood that has not been encountered in a century. The focus of the whole country is on flood control. They believe that it is difficult for the mainland government to help the Hong Kong Special Administrative Region jointly fight against Soros and others.
But things went against my wishes. I thought that Fan Wubing was deeply trapped in Indonesia's political quagmire and could not get out of it for the time being. However, I didn't expect that Fan Wubing had calmed down Indonesia's **** in just half a month. With the support of the previous financial, the situation in Indonesia has been significantly alleviated. Not only is the social life returning to normal and the economy beginning to recover, but even the military that was difficult to deal with was controlled by the Habibi government. This not only surprised the US side, but also surprised the surrounding countries, but also made Soros and others see clearly one thing, that is, Fan Wubing's power is too huge and there is no benefit to be an enemy.
Therefore, when Fan Wubing and Lee Kun-hee told him that he would give up dealing with the Korean market, Soros agreed to this point, and the two formed an offensive and defensive alliance, and then made a plan to buy the Korean stock market at the bottom.
Making such a choice means that in a short period of time, Soros will find it difficult to raise enough chips to operate the Hong Kong market. In this case, the international hot money without a leader will choose to end up in disgrace, and it is very likely that the Hong Kong financial management authorities, who have reacted, will take a bite and avenge their past revenge.
In this case, there is also a question, that is, Soros' sudden withdrawal may affect his influence in the industry, make the bears disappointed with him, and thus lose the huge appeal that he had finally established.
Although Soros agreed to cooperate with Fan Wubing after weighing the pros and cons, he was still a little dissatisfied, so he asked him how Fan Wubing considered it in advance? After all, he made the decision to come to Korea, not Fan Wubing.
After hearing Soros' words, Fan Wubing poured a cup of tea for the old Jewish man, and handed it to him with his own hands, "First drink a cup of tea, and then let's talk slowly."
Soros sat upright and said, "Can you explain the reason to me, the old man?"
"Actually, I saw Mr. Soros' original intention. It was to solve the problem of Hong Kong. After you proposed the idea of meeting in South Korea, I suddenly understood something. Mr. Soros, you have already planned to enter the Korean stock market." Fan Wubing said to Soros very confidently.
When he heard Fan Wubing’s inference, Soros was a little surprised that he had indeed considered this aspect. It was just that there had not been a motion yet. Therefore, when Fan Wubing asked him to have a meeting, he would casually say that he would ask to meet in Seoul.
I didn't expect Fan Wubing to feel so keen. He immediately grasped the key points of the problem and understood what Soros wanted to do.
Soros also understands that although he relies on short selling to create a reputation for the land, short selling opportunities do not often have a huge market decline. It is common sense that he will inevitably face a retaliatory rebound. Although he also actively acts as a bullish reputation, it is not obvious.
The reason for this is naturally because when making money, no one will pay much attention to who is driving the market up behind the scenes. When losing money, one must try every means to find out the culprit of the decline. Therefore, the reputation of short-selling land has made the wealth and reputation of Soros.
Speculators and investors are always natural enemies. As the enemy of retail investors and investors, Soros is naturally the idol of the speculators around the world who worship them.
However, fame and interests are also natural enemies. After Soros gained great reputation, he discovered something very troublesome. There were too many people following the trend, so that when he appeared, a Soros would immediately blew up, making everyone feel that everyone was in danger and they all called the air force to come.
In this way, the purpose of making money will be seriously affected. Everyone is strictly guarding against you, so how can you make money?
Therefore, Soros himself was also reflecting that for his own money-making plan, he not only had to short, but also long, so he considered coming to South Korea to buy at the bottom. As soon as Fan Wubing suggested that the two people meet, he immediately proposed that Seoul was a subconscious external manifestation.
"Mr. Fan's insight is indeed superhuman, and I am very impressed." Soros concealed his intentions at this time and directly expressed his opinions to Fan Wubing. "Li Jianxi was there just now, so we can't say something. Now, is it a waste of time to stay in the Korean market for two years?"
Fan Wubing nodded and agreed.
It is indeed inappropriate to stay in South Korea for two years. Don’t talk about the problem of your financial pressure. Soros cannot stay honestly. What is even more worrying is whether the policy aspects of the South Korean government will change with the development of the situation?
Soros couldn't trust the Koreans, so when Lee Kun-hee left and talked to Fan Wubing, Soros proposed that Koreans are not trustworthy. We still have to have our own roadmap. Otherwise, when the bastards repent and turn against each other, the matter would be very big. Could it be that our tens of billions of dollars of funds will be left in Korea to buy kimchi?
Fan Wubing thought about it for a while and said, "I can't believe in Koreans, so I just wanted to give some discounts. If you are willing to make money, then we can cooperate deeply and do a few big deals. In South Korea, it will be enough for half a year at most. The investment does not require that much money. As long as you have half of the money, it is most suitable for the remaining money to go to Japan."
Soros immediately smiled and said, "My thoughts are similar. The Japanese market is much bigger. Don't you Chinese say that the turtle is so shallow and the turtle is so deep?"
This time, the two people began to study the problem seriously and discuss how to cooperate.
After doing it, Soros asked,
It’s really not worth protecting Hong Kong. Their loopholes are: |, you can get it with a little effort. At that time, it’s not up to us, the big funds, to get it? How much profit is that, why bother to spend these spiritual layouts?”
"You can't say that-" Fan Wubing shook his head and said, "You are calculating the economic accounts. I am not only calculating the economic accounts and political accounts. This is the difference between the two of us. After all, I need to continue to develop industry in mainland China to be able to get out of this fundamentals."
After thinking about it, Fan Wubing added, "The difference between investment and speculation is here, so you can only run around the world to treat you as a rat crossing the street, while I can make steady progress and obtain many government resources. This is what Buffett does similarly to you, but his reputation is much better. Investing is the king, and speculation is just a bad way."
Soros thought about it before answering, "What you said may be some truth that as an old speculator, my life exists to find opportunities to make money. It is my mission to discover loopholes in a country's financial system in the shortest time and then destroy its rich returns. As for investment, I probably don't have that long patience and wait to slowly reap the rewards."
In the actual market, the most difficult concept to distinguish is investment and speculation.
Now the boundary between investment and investment has become increasingly blurred, so with such ridicule, investment is a successful speculation, and speculation is a failed investment.
People seem to be less concerned about the difference between investment and speculation. In many cases, the concepts of investment and speculation are often used interchangeably. In more cases, investment is no longer a serious concept, but instead becomes a banner held high by speculators, in order to lure followers and distribute chips to themselves.
Everyone will definitely have different understandings about what investment is from a different perspective.
Someone once gave a more vulgar explanation of investment and speculation. To let newcomers in the market know the difference between "investment" and "speculation", it is just as difficult as educating a young boy with a youthful face to know that "love" and "**" are different. Even though the little boy was confused and knew that the two were different, he continued to do what he originally wanted to do.
In the market, the behavior of holding for a long time after buying is usually called investment, while short-term investors are called speculators. The difference between investors and speculators is that investors are optimistic about stocks with potential. As a long-term investment, they can sell at a high price and enjoy annual dividends. Although the dividends will not be high, they are stable and lasting.
Investors are keen on short-term trading, taking advantage of the surge and plummeting trend to seek huge profits through speculation. A few people get rich overnight, and many go bankrupt once. However, driven by quick success and instant profit, investors look down on the one hand and think that they are scalpers, but on the other hand, they can't resist short-term temptations, and unconsciously gradually enter the speculative atmosphere.
In fact, no matter whether it is white cats or black cats, catching mice is a good cat. Investment and speculation are in line with the symbiotic principle of biology and physics. Under the same pressure, the larger the unit area, the smaller the pressure. In other words, the moderate participation of speculators makes the market get out of the shadow of being unable to trade, avoiding a stagnant pool, and thus allowing the market mechanism to better play a regulatory role.
The famous investment expert Buffett and the speculative master Soros each have a group of believers at home and abroad. Both of them have achieved successful results and have their own advantages, but the investment styles of the two are very different. However, they have one very important thing in common, which is that they study a lot of information and are all hard-working investors.
After careful analysis in advance, you can only take action after calculating the pros and cons, gains and losses, be active but not impatient, and once you take action, you will not fight a battle that you are not sure about. This shows that if you want to make a difference in the market, you must have a deeper understanding of investment and speculation, so that you can grasp the most basic direction of progress.
So what exactly is an investment? Graham, known as the "father of securities", defines investment as a definition of investment, which may be helpful to everyone. He believes that investment refers to operations that guarantee the safety of the principal and satisfactory returns based on detailed analysis. Operations that do not meet this standard are speculation.
Security is not absolute. Its meaning is that you can avoid losses under normal and possible circumstances. Investors should focus on both momentum and price. The two must be organically combined and should not focus on either party. One of the important reasons why investors are often trapped is that they are too biased towards one party or even give up on one party.
When investors are conducting certain types of operations, there are already perceived losses that must be considered, the operation performed at this time is speculation. Speculators find that they are different from their original analysis and judgment, and should make a quick decision and resolutely stop losses to ensure the relative safety of funds and wait for opportunities to find new opportunities.
Judging from Fan Wubing's experience over the years, there will never be a lack of opportunities in the market, but there is only a lack of people who can seize opportunities. Therefore, as long as you are calm and rational, you can definitely make steady progress and get rich returns.
After all, one thing is clear: there is no market that only rises but not falls, and there is no market that only falls but not rises.
Fan Wubing and Soros sat together for a whole day and talked. The two had a full exchange of investment concepts and speculation methods, and conducted in-depth analysis and judgment on the international market. They both gained a lot. This time the cooperation has established a good foundation.
Soros suddenly found that he was a little hungry, so he asked Fan Wubing, "Just just now, Lee Kun-hee left us some food as a gift. I don't know what it was, but I haven't eaten Korean-style snacks much."
Fan Wubing opened the paper boxes and glanced at them, then said, "Uh, they are all kimchi jars!"
Soros opened a kimchi jar, smelled it with his nose, and then frowned and said to Fan Wubing, "Does the Korean economy really collapse to such a level? Even people like Lee Kun-hee need to use these ** vegetable leaves to make up for the gifts?"
Chapter completed!