Chapter 528: Finding a Taker
Lu Yiming reminded him: "You have said this twice. It seems that you really like that richest man, the stock god."
Xu boldly said proudly: "Of course!"
He looked around, lowered his voice, and said, "To be honest, I always lost money when I traded stocks before. Last month, I found a trick. I specifically studied the stocks that Mr. Lu recommended to me. I bought whatever he said to buy, and basically I made money!"
Lu Yiming was speechless for a moment, and gave a thumbs up and said, "Then you are really a talent."
Xu Dabing chuckled and took Lu Yiming's words as a compliment, accepting it gladly.
When the protagonist appeared, the guests naturally took their seats.
Lu Yiming and Li Quanwang found a seat in the corner and sat down, while Xu Dabing went to sit with his companions.
Li Quanwang complained, "This guy is really thick-skinned. He talked about Mr. Lu for a long time, but he didn't know that Lu Shufu was right in front of him."
Lu Yiming could understand and said, "Two years ago, if I told you that the richest man was your classmate, you wouldn't believe it."
Li Quanwang said happily: "That's true, chatting and laughing with the richest man, ordinary people don't even dare to think about such a thing."
Jin Mai and Wang Xiujie went on stage, stood under the spotlight, and introduced themselves. Then Jin Mai said, "It is a great honor to invite you all to this party today. We will share some of our views at this party and recommend some financial products that we think are good. I hope you will like them."
There was warm applause from the audience.
In fact, these people in the audience were carefully selected by them - they have money, but it is purely luck, they do not have any solid financial knowledge, and they just follow the crowd.
As the saying goes, people can never earn money beyond their own cognition. All the money earned by luck will eventually be lost by their own strength.
For example, Li Quanwang made his money from dividends from Tongxin Internet Cafe, and he himself had no financial knowledge.
For example, Xu Dadan made his money by buying the stocks that Lu Yiming had recommended before, and then selling them after the valuations went up.
Those who received the invitation letters are basically this type of people.
After the applause, Wang Xiujie said: "In today's world, the Internet is the most advanced technology, and all countries in the world are working hard on the Internet. I believe that everyone knows this, and I don't need to say it. Lu Yiming, the youngest richest man in the mainland, took this path. He became the richest man by investing in the Internet. You can imagine how profitable this field is."
The people in the audience were whispering to each other, and they obviously agreed with his theory.
Because the Li family persists in exposing Lu Yiming's information, there is basically no secret about Lu Yiming's current investment activities. Whether it is investing in domestic Internet companies or shorting U.S. stocks in the United States, all of these have been reported in the newspapers and are well known to the public.
Wang Xiujie went on to say, "Today, the Internet industry is booming, and portal websites are the most important. Portal websites originated in the United States, and super giants such as Yahoo were born there. Yahoo was founded in 1994, and when it went public in 1996, the total stock price on the first day reached 500 million US dollars! And now, everyone's investment opportunity has come, that is the Xiaguo Internet portal website that has just been listed on NASDAQ, Zhalang!"
Wang Xiujie's words made the people in the audience excited.
Many people have never heard of the name Yahoo. The only keywords in their minds now are "founded in 1994" and "market value of US$500 million in 1996".
Earning 500 million US dollars in two years, who can afford it?
“The Internet is really profitable.”
"If I could make 500 million... no, 50 million US dollars, I would laugh like crazy."
"There is no doubt that the Internet is a hot topic. And this portal website is amazing!"
"The Internet is really profitable, and we must seize this opportunity."
Many of the people who came today are similar to Xu Dadan, all of whom are wealthy bosses who made their fortunes in traditional industries.
The characteristics of these wealthy bosses are that they have low educational qualifications and are easily deceived!
Lu Yiming smiled and said to Li Quanwang: "I thought this investment meeting was something grand and high-end, but it turns out it's just to trick these local tycoons into becoming the buyers."
Then he grumbled in dissatisfaction: "What kind of investment conference is this? It's so famous that I thought there were real projects to invest in. But it turned out to be a scam. It really spoiled my fun."
Xu Dadan sat down next to Li Quanwang without knowing when, and said excitedly: "Boss Li, what the two people on the stage said is really right. I plan to invest in a few portal websites. Do you have any ideas in this regard?"
Lu Yiming just said that this so-called investment conference was just a scam. Li Quanwang of course believed in Lu Yiming's judgment and immediately said, "I'm not interested in this."
When Xu Dadan heard this, he seemed to have heard the voice of an alien. His eyes widened. "What? Not interested? Boss Li, you are not interested in this big money business? You can make hundreds of millions in two years, and that's US dollars! If you make a profit, you will never have to worry about food and drink for the rest of your life."
Since he was Li Quanwang's friend, and also a die-hard fan of "Lu the Richest Man", Lu Yiming couldn't bear to let Xu Dadan fall into such a big pit, so he coaxed him: "Didn't you read the recent news?"
Xu Dadan smiled and scratched his head, saying, "It was cold a while ago, and all the mink fur in stock was sold out, so I went back to my hometown in the Northeast to buy more. I just arrived in Zhonghai yesterday. What happened?"
Lu Yiming was speechless about Xu Dabing's late realization, so he had to remind him: "Let me put it this way, if you believe me, don't be fooled. They are obviously fooling you and want you to pay money to stabilize the market. I guess when they get out of the predicament, you will become the ones who take over."
Xu boldly said in surprise: "No way?"
It was obvious that he didn't believe what Lu Yiming said at all.
"That Wang Xiujie, although not as good as Mr. Lu, is still a small stock god in Zhonghai. How can his recommendations be any worse?"
Lu Yiming did not intend to explain, but said: "Whether it is different or not is another matter. The United States is now experiencing an Internet winter, which will last for at least three years. Not to mention how many Internet companies will survive in three years, during this three-year winter, not only will the companies not be able to help you make money, but they will also have to burn your money to survive. I ask you, in this situation, can you bear it?"
It would be a compliment to Xu Dabao to say that he only has a vague understanding of the so-called Internet industry.
The reason why he was able to make money in the stock market was because he mindlessly bet on the stocks recommended by Lu Yiming. As for himself, he didn't even know how to turn on a computer, let alone understand the Internet winter.
"Hey, are you kidding me? How can I afford to pay them? If I had that much money, I would start my own business. Why would I trade stocks? I can't even handle three days, let alone three years."
The capital turnover of self-employed individuals has always been tight, and even for most small businesses with a scale of less than 10 million, it is still a question whether they can survive for three years. With a large amount of funds accumulated for such a long time, even if the Internet company invested in can finally make a comeback, the investors will definitely not see that day.
Li Quanwang also said, "It's good that you know. Do you still want to vote now?"
Xu Dadan immediately hesitated: "Then... not voting?"
Li Quanwang glanced at Lu Yiming, then turned around and sighed, "Old Xu, since you made your money by mindlessly betting on Lu Yiming, then you should continue to follow Lu Yiming's footsteps. Although it is impossible for you to make hundreds of millions in a year or two, you will definitely not lose money. If you listen to the nonsense of the two people above, I guess the rooftop of the World Trade Center will not be enough for you to jump on."
Xu Dabing thought for a moment and said, "I still don't think this is right. You won't ask me not to invest and then buy it yourself, right?"
Li Quanwang sneered, his expression disdainful: "I'm not that boring. Do you know who this Lu Yiming next to me is?"
Xu Dadan looked at Lu Yiming and asked, "Who is it?"
Li Quanwang said: "He is your idol, the richest man in Xia country!"
"ah?!"
Xu Dabing looked at Lu Yiming again, and then remembered the newspapers he had read about Lu Yiming, and some images were pieced together in his mind bit by bit.
"Are you really the richest man in Lu?"
Lu Yiming nodded slightly and said with a smile: "It's me."
Xu Dabing was so excited that he almost jumped up, his face flushed with excitement: "Oh my God! Mr. Lu, I really didn't recognize you ! Can we shake hands?"
"sure."
Lu Yiming smiled slightly and shook hands with Xu Dabing.
The commotion here attracted the attention of some people around. Many people looked over curiously. Some of them were sharp-eyed and recognized his identity, and immediately burst into exclamations.
"Mr. Lu?"
"He is actually the richest man in Lu."
"Why didn't I recognize you just now?"
"Hello, Mr. Lu."
The local tycoon bosses around were all more excited than the other.
This is the real stock god of Xia Country, and his achievements are there for all to see.
Unlike Wang Xiujie on the podium, the title of China Ocean Stock God is more of an exaggerated one.
Someone asked excitedly: "Mr. Lu, you came here today, are you planning to invest in a portal website?"
Lu Yiming could tell from their distinctive accents that the investors present today were not native to Zhonghai, and from the way they spoke, he could tell that they were not well educated.
To put it bluntly, he is an example of a stupid person with a lot of money, and is easy to fool.
Lu Yiming was not afraid of offending people, and he shook his head and said, "Portal websites have no future, and I will definitely not invest in them."
After saying that, he stood up and left.
There's no value in staying here any longer.
Seeing that Lu Yiming had left, Li Quanwang naturally followed suit.
After hearing what Lu Yiming said, several wealthy people who were originally interested in investing in Zhalang began to back out.
On the stage, Wang Xiujie and Jin Mai, who were speaking excitedly, began to come down and communicate face to face with these wealthy people.
Many people were already fascinated by what they heard and immediately expressed their willingness to invest money when asked, which made the two of them laugh so hard that they couldn't stop.
After a while, the two came to Xu Dadan's side.
Wang Xiujie saw a few familiar local tycoons and quickly said enthusiastically: "Boss Qian, Zhalang has just been listed on the Nasdaq, and its valuation is still in the rising stage. If you invest in Zhalang now, you will definitely make a lot of money in the future. How about it? Are you interested?"
"Boss Sun, the Internet is now a sunrise industry, and portal websites are a sunrise industry among sunrise industries. It is definitely worth investing now. Do you want to subscribe to some?"
If Lu Yiming hadn't said those things to them, now that Wang Xiujie asked them, they would have invested without hesitation. Anyway, they didn't understand the Internet, and now that Wang Xiujie was talking so much, of course they invested without hesitation.
However, they had just listened to Lu Yiming's analysis.
Mr. Lu has the title of “richest man”, and he is recognized as the stock god!
The real stock god told everyone not to buy, so when the fake stock god came out to sell stocks, they naturally hesitated.
Boss Qian thought for a moment and said, "Ah, well, my business has hit a bottleneck recently and I need a lot of capital. I can't afford to invest any extra money."
Boss Sun also looked helpless and said, "The oil price has risen again recently, which has had a huge impact on our industry. I am also a little short of funds."
Wang Xiujie got anxious when he heard this. Boss Qian and Boss Sun were big investors. If they didn't invest, the effect of this investment meeting would be greatly reduced.
"Boss Qian, Boss Sun, this investment opportunity is very rare. If you miss it, there will be no next time."
Boss Sun was in the seafood business and had his own fleet. He had a tanned complexion and a loud voice. When he heard what Wang Xiujie said, he immediately said without hesitation, "Since it's so rare, let's give it to someone else."
Even though he doesn't understand the Internet and hasn't even finished junior high school, it doesn't mean he's really mentally retarded.
Now that even Mr. Lu, the richest man in the country, says that portal websites are no longer viable, there’s no point in investing in them.
I have been working hard at sea fishing for these years and my body is exhausted, so I want to go ashore and invest in some safe business and live a decent life, so that I don’t have to continue to work hard when I am old.
But precisely because making money is hard, local tycoons like Boss Sun are very cunning and will immediately back off at the slightest sign of trouble.
Boss Sun and Boss Qian backed out, but Xu Dadan didn't even wait for Wang Xiujie to ask, and said, "The mink fur business is good recently. I've spent all my money on purchasing goods, and I can't invest any more."
People around also said that they couldn't come up with the money, and the reasons were so varied that it was simply astonishing.
Jin Mai and Wang Xiujie were both dumbfounded.
What's going on? We were just chatting nicely and everything seemed good.
How come the situation suddenly took a 180-degree turn?
If he fails to fool people, how can he explain to the financial backer behind him?
One boss couldn't think of any excuse, and cursed the guy who just said he wanted to spend money to raise an illegitimate child for being unethical. Then he blurted out: "Mr. Lu said that portal websites can no longer be invested. I advise you to save your trouble."
"What? Mr. Lu, the richest man?"
When Wang Xiujie heard this, he got a headache.
"Mr. Lu is here?"
The boss said, "Yes, he just told us that it's the Internet winter now, and those who go to NASDAQ to list are ignorant of their own life and death. He also said that whoever invests will lose money."
Wang Xiujie's blood pressure rose after hearing this, and he asked angrily, "What nonsense! It's absolutely nonsense! Where is he now?"
"Leave."
"Gone?"
Wang Xiujie gnashed his teeth and said, "It seems that he also knows that he is guilty! Otherwise, why would he run away in advance?"
Having said that, it is much easier to make people doubt something than to make them believe in it.
Lu Yiming said that the Internet cannot be invested in now. Even if these wealthy bosses do not necessarily agree with Lu Yiming's statement, they will at least be skeptical about what Wang Xiujie and others said and will not easily invest money.
Wang Xiujie and Jin Mai walked away with dark faces. When they reached a small rest room, Wang Xiujie looked at Jin Mai and said angrily, "Lu Yiming is so rich, but he still comes to destroy our place. Is it good for him to destroy our small business? What should we do now? Lu Yiming has publicly criticized the portal website. Will anyone be fooled?"
Jin Mai also looked depressed and said, "Just keep finding someone else to cheat. There are so many fools in the world, someone will always be fooled."
For the two of them, now is a matter of casting a wide net to catch more fish, and cheating as many people as possible. After all, even decades later, with all kinds of anti-fraud programs flooding the market, there are still many people who fall for fraud every year.
There are always some "fish that slip through the net" in this world, and through simple screening, you can pick out these people with poor brains and trick them into paying money.
Outside the venue, Lu Yiming yawned and looked quite bored.
Li Quanwang complained disdainfully: "I thought there were some good projects, but it turns out they are all scams. The calculations of this Maigu Fund are too shrewd."
Lu Yiming smiled and said, "I didn't expect you to be targeted as well."
Li Quanwang was puzzled: "Being targeted? What does that mean? Who is targeting you?"
"Don't you understand? You said that the invitation letter from the Maigu Fund was not given to others but to you. Isn't this because they think you are stupid and rich?"
Li Quanwang finally understood and immediately got angry and said, "Damn it, who are you looking down on?"
Lu Yiming explained: "The power behind Maigu Fund is probably extraordinary. The account you opened at the securities company may have been targeted by someone. The other party knows that you are rich, have a low level of education, and are still very young, so they labeled you as 'stupid but rich' and pushed all kinds of junk projects to you, just to take money out of your pocket."
Li Quanwang was furious after hearing this: "How could someone plot against me like this?"
Lu Yiming was used to this. "Who made you rich but without any background? So what if I cheat you?"
Many people think that they can make a fortune secretly by investing in stocks without letting outsiders know. In fact, this is a joke. Not to mention, the securities company can always see the flow of your funds clearly after you open an account, such as when you bought and sold which stocks, how much principal you had, and what the profit and loss situation was.
It can be said that the information of retail investors is one-way transparent to those above.
If you have a background, people may not dare to touch you, but those without a background are directly like fish in the bowl of some big shots, and whether they are steamed or braised depends entirely on the other party's mood.
Li Quanwang said unhappily: "This world is too dangerous."
Lu Yiming said, "This is just the beginning. Now I am just trying to trick you into buying the product, which is considered polite. In the future, I might trick you into buying some financial products, which would be a blatant robbery of your wallet."
For some reason, Lu Yiming thought of "Crude Oil Treasure". The oil price can be adjusted to a negative number. Are you convinced?