Chapter 46: Savage Willfulness
Since time entered 1998, Zhuo Qun's life process was like a green train being renewed and updated to a high-speed train.
It got up all of a sudden.
Regardless of money, career, love, reputation or social scope, he has achieved achievements that ordinary people cannot achieve in their entire lives.
First of all, he is the best at making money.
In the A-share market in 1998, the overall trend can be summarized as rising first and then falling.
The first half of the year has been a continuous rebound last year.
But in early June, the rebound reached its end.
The market rose to 1422 points, which means it suddenly turned into a sharp drop after approaching the high of the previous wave of market.
In the next two and a half months, the market hit a low of 1043 points just like when it first came down from the high of 1510.
Then hesitated and began to have a volatile trend that was hesitant and pulled the cowhide.
There is no doubt that this sudden plunge.
This has made many retail investors who remain optimistic about the market and think that they can set off a new bull market, which will cause great damage and cause considerable losses.
However, Zhuo Qun is definitely not among them, he is a leek.
Don’t forget, although he cannot clearly recall what the market trend was like this year.
But he knew the lowest point in the stock market twenty years later, and knew that the real bull market only started on May 19, 1999.
This is enough, and he can judge the key turning point based on this.
To put it bluntly, the closer the market trend is to the high point of the previous round of market, 1510 points, or the historical low point of 998 points.
The more he knew what countermeasures he should take.
So, this is a plug-in in itself.
With accurate analysis of the general trend, Zhuo Qun was able to perfectly avoid the systemic risks of the stock market at a relatively high point.
Similarly, you can also raise money at relatively low points actively to make huge profits.
What's more, he also knows the process of our capital market reform and change.
You can know the future growth stocks with a hundredfold growth rate.
He can also recall most of the famous market-makers in history and understand the hype logic of ST stocks.
In this way, in fact, in terms of investment, there is no secret to the entire A-share market.
No matter how bad the market is, he may be able to take advantage of loopholes to make money.
It’s not bragging. If the superior knows people with a keen eye, he will be the top leader of the relevant regulatory department.
It can help our domestic securities market be constructed and improved, and avoid detours for ten years.
Finally, what is more important is that the rebirth of cheating also gave Zhuo Qun a superhuman mentality.
There is a saying in the industry that the stock market is a place that goes against human nature.
Since Zhuo Qun is different from others, he is the only person in the stock market who can be at ease and not panic.
Then this mentality is a powerful tool in itself.
It guarantees that he will be an unparalleled winner and is destined to accomplish an unparalleled investment miracle.
For example, Vanke stock.
The performance this year is really poor.
Zhuo Qun himself did not expect that Vanke would continue to decline from the beginning of the year to the end of the year.
The stock price fell nearly halfway, and its market value shrank from 4.5 billion created by the bull market to 2 billion.
Even the favorable policies of the state canceling welfare housing allocation in July failed to save it.
If you look at the books alone, even if you add money, he will lose nearly five million in this stock.
To be honest, if this was an ordinary person, he would have been unable to withstand it, and he might not even be able to close his eyes at night.
But since Zhuo Qun knew that Vanke's market value could reach 250 billion in 2007, he could continue to make up for it happily.
The further you go, the less you fear the increase in your position.
Now he has invested 30 million yuan and holds 1.5% of the shares.
He has really become a major shareholder who can talk to Wang Shi at any time.
So he was too lazy to even use high selling and low buying to reduce the holding cost of this stock.
I just want to keep it and not sell it, so I just want to just eat a dividend on this stock.
So it is completely imagined how huge his profit will be when the stock price reversal comes one day.
Of course, if long-term investment still has some side effects of reducing capital efficiency, it still cannot fully prove the benefits of this winner mentality.
So from the perspective of short-term investment, looking at Zhuo Qun's winning mentality, the advantage you take is even greater.
Another typical example is the huge bull stock he invested in this year - Sichuan Long March.
Zhuo Qun invested in this stock.
In fact, it was because he remembered this four-yuan junk stock and would soon be attracted by Song Hua, a teacher at the University of Electronic Science and Technology.
Song Hua owns a company, Top Technology, and software-made one.
In history, Song Hua obtained 48% of the controlling stake in Sichuan Changzheng through positive and reverse acquisition methods.
From then on, it was listed through a backdoor listing and renamed Top Software, transforming it into a Kewang stock.
As expected, two or three months after Zhuo Qun bought it, the stock price began to fluctuate violently.
Since Song Hua began to collect chips, this stock often hit the daily limit between four yuan and ten yuan.
Then there will be another two days of sharp drop to shake the position.
Zhuo Qun's investment strategy is actually very simple.
It means following the obvious band rhythm, dancing with Zhuang for short-term trading, and pulling Song Hua's wool.
Sell when the daily limit is up, and then buy when the decline is stable.
Unlike others, he can only see the stock's extremely poor price-to-earnings ratio and price-to-book ratio. The more he can't understand, the more he is, the more he is afraid.
It is precisely because he has a clear mind that he dares to sell and buy.
Even if you step on the wrong steps, you can adjust and keep up. There is no possibility of missing or trapping it at all.
In this way, one day, the market will plummet.
Most stocks hit the daily limit, only when Sichuan Long March continued to open and hit the daily limit.
When Zhuo Qun saw it, he sold all the Sichuan Long March at the daily limit without hesitation.
Later in the afternoon, the stock was also hit by a large order.
Others were stunned again, and many people chose to submit orders and sell them.
But it is a good thing that Zhuo Qun's habitual operation is a very undesirable thing.
So I immediately started to increase my position in the reverse direction.
As a result, no one expected that Sichuan Long March's limit down had opened soon and it closed up again.
Therefore, this stock has become the first and only one since the A-share market has limit on the rise and fall.
With a limit of 10%, stocks with a theoretical maximum return of 33% can be obtained on the same day.
Zhuo Qun also created an investment miracle in the history of A-shares.
He is not a dealer, and his income is even greater than that of Song Hua behind the scenes.
On this day alone, he earned a full five million from this stock.
This vote almost made up for all his floating losses in Vanke.
Is there anyone else who can do such a magical short-term trading besides him?
If you really want to talk about it, don’t look at the fact that Asian financial industry outside has ruined the old boy Soros.
Western financial robbers are forming groups to suck blood from Asian countries through various financial tools.
But if you compare the growth rate of capital doubled and temporarily trapped in the domestic capital market, Zhuo Qun is the absolute king.
Those who claim to be plundering Westerners should know that Zhuo Qun has made his own capital worth 130 million to 100 million this year, achieving more than three times the value added.
I guess I can be ashamed and pee my pants in shame.
Because this rate of wealth growth is too barbaric and too willful!
Of course, just talking about the securities market, this is not all Zhuo Qun can obtain wealth.
The principle he followed was not to not light the east side but to light the west side, but to grab both hands and to be strong both hands.
He also carried out the acquisition of Siheyuan at the same time, and his achievements were not ordinary.
With the help of some good friends.
In 1998, about 40% of the courtyard houses that can be seen in the second-hand housing trading market in Beijing fell into Zhuo Qun's hands.
He spent a total of more than 40 million yuan to buy thirty courtyards, covering the downtown areas of the East and West cities.
It is completely expected that these scarce high-quality real estate in the future will inevitably become the firm cornerstone of his wealth empire.
Chapter completed!