Chapter 68
Chapter 65: Or Dollars
When it comes to the financial industry, perhaps the first thing that many people think of is the stock market.
But in fact, the securities market is only one of the main components of the financial market.
By the end of the 1980s, the financial markets of developed countries had a century-old history.
Banking, insurance, securities and trusts have become the main framework of the financial markets of these developed countries, and because of the prosperity and opening of the financial industry, these countries were able to once lead other developing countries.
However, due to some special reasons, the entire country in China was almost closed for a long time.
Under that kind of blockade, many people don’t even know what the outside world is like, and naturally they don’t know what the financial market is.
In 1989, the Modu Stock Exchange was piloted based on the concept of going up if you tried well and stopping if you didn’t try well.
This is what people often say, crossing the river by feeling the stones.
Under this concept, people’s understanding of the word finance can be imagined. The pilot program will close at any time, and every transaction is actually no different from gambling.
The Chinese are also the most speculative country in the world. In the World Cup, two-thirds of the handicap came from the Asian handicap. It can be seen how humane the Chinese are in speculation.
And this factor is also the biggest reason for the popularity of national debt. There have been many rumors in the market. After the stock market was renamed T+1 in 1995, it was actually a test for closing down.
Everyone went to another place and continued to gamble.
The insurance market is not much better, with some factors such as inducement and difficulty in claim settlement, insurance companies have always been regarded as the biggest fraudulent companies.
It can be said that in those days, what people feared most was having relatives who sold insurance.
As for banks and trusts.
Banks all have government backgrounds, and naturally they are the ones most trusted by people. There are only eighty-eight trust companies.
And these 88 trust companies are all directly controlled by central enterprises or state-owned enterprises, and ordinary people cannot access them at all.
So when Zhang Hua heard the question asked by Zhao Jiangchuan, the first thing that came to his mind was that the financial market is all a routine.
In addition to banks being reliable, the stock market is a story, insurance is a liar, and trust is a pocket with public money.
But obviously, Zhao Jiangchuan’s question is definitely not that simple, Zhang Hua hesitated, he didn’t know how to say it properly.
Zhang Hua’s hesitation made Zhao Jiangchuan smile. He knew very well that due to the time difference, few people could answer his question.
The reason why he asked this is for only one purpose, that is, if he cooperates with Zhang Hua, he needs to have an absolute dominant position.
Otherwise, he is a fake boy with no hair on his mouth, and he does not have the ability to convince Zhang Hua, and he simply cannot control this kind of human spirit who has been rolling on the rivers and lakes for decades.
However, with professional knowledge beyond the present and the most professional trading level in this era, Zhao Jiangchuan is confident that Zhang Hua will be convinced.
“Boss Zhang, I’ll just ask casually, if you can’t tell, forget it.”
Stimulating the law, it is definitely the smashing law.
Zhang Hua could see the sarcasm in Zhao Jiangchuan’s eyes, so he…
Very depressed.
Being despised by a person younger than his daughter, Zhang Hua, who has always been arrogant and arrogant, is so greasy and crooked.
“Little brother, let’s not talk about the stock market. Haven’t you heard that the stock market may close down next year. Let’s not talk about futures. We don’t talk about it in our own family. I think if there is no inside information, In fact, it’s no different from a casino, don’t you think?”
Zhang Hua couldn’t hold back after all, but the meaning in his words was also obvious.
That is to say, if you want to teach Laozi a lesson without making any money, it is not because your father is the director and there is inside information, and it is not so easy for you to make money.
Zhao Jiangchuan grinned, of course he couldn’t hear the dissatisfaction in Zhang Hua’s tone.
Insider information?
The domestic financial industry is just getting started. Even an old man like Zhang Hua doesn’t know that insider information can make money, but insider information can also lose money.
In other words, those who truly believe in inside information tend to die worse than the average person.
No one knows better than Zhao Jiangchuan that ordinary investors are just leeks, and those with inside information are fat sheep, fat sheep that can be slaughtered at any time.
Zhao Jiangchuan didn’t break it directly, he continued to say with a smile.
“Has Boss Zhang ever gone abroad? Do you know how long the financial history of the United States is?”
Zhang Hua was a little confused, he couldn’t keep up with the jumping speed of Zhao Jiangchuan’s thinking.
Zhao Jiangchuan did not let him answer, and continued: “The financial history of the United States has more than 100 years, but in this 100 years, there have been countless speculation masters.
There was a man who came from the poorest family and didn’t even finish elementary school. He started from five dollars and earned about 100 million dollars in nine days at his peak, forcing the President of the United States to see him in person. I don’t know if Boss Zhang has heard of it. Is this person? ”
Born in the poorest family, he didn’t finish primary school. He started with five dollars and earned hundreds of millions of dollars in nine days.
Zhao Jiangchuan didn’t say anything, but the combination of his series of words~www.readwn.com~ is undoubtedly denying everything Zhang Hua said, and if Zhang Hua is not stupid, he will definitely be able to hear it.
Of course Zhang Hua is not stupid, and if he is stupid, he will not be able to earn millions.
So, Zhang Hua is stupid…
After the few key words are combined together, only one point is explained.
That is a person who has no background, and has not even read the book for a few days, but such a person actually made hundreds of millions of profits with five yuan.
What’s so special, I made 100 million in nine days, and it’s still US dollars, how is it possible.
Hundreds of millions of profits, what is that concept.
Many people may have no concept of billions of wealth, but Zhang Hua is different. At his level, he can truly understand how much billions are worth.
I also understand more about how difficult it is to earn 100 million.
100 million, calculated in ten years, that requires 28,000 yuan a day.
How is it possible to make so much money without insider information?
As for luck, Zhang Hua is of course not stupid enough to believe that luck can make so much money, and no one can have good luck all the time.
Earning double, double or even ten times may be possible with good luck, but the profit of geometric multiples, luck is useless.
Zhang Hua is very clear about this point, with decades of life in the wind and rain.
One billion.
Just thinking about this number makes Zhang Hua hard to breathe. He really finds it hard to believe that someone can make so much money from the financial market with just five dollars.
Unfortunately, Zhao Jiangchuan did not give Zhang Hua time to breathe.
“Forgot to mention that the 100 million he earned was in 1929. If the currency depreciation is converted, it should be equivalent to about 50 billion now.
Of course, in dollars. “