Volume 6: The Great Change Chapter 0794 The Call from the Top
After exchanging polite greetings with the eldest brother Li Shuangcheng and the second leader Yang Weiguo, Nan Yi just focused on Nan Wuwei and didn't talk much to others, just listened attentively.
Everyone sitting here is now a leader in the Shanghai stock market. In the next two to three years, there is a great chance that they will become Yang Baiwan, Li Baiwan, or Wu Baiwan. In the future, it is possible that they will jump off a building, retire, or continue to be active, but it is estimated that only one in ten can hold on to the end.
The cold dishes were served and everyone took one first.
After drinking half a glass of wine, the blind man rolled his eyes and fumbled to put the glass down. "From Jing'an to now, I have been trading stocks for a while. I have understood the stock market. If you want to make money, you need volume and news. There is no need to say more about volume. With all the people in our room together, the Shanghai stock market is in our hands. As for news, we are also the most informed..."
"Mengzi, just say what you want to say." said A Ertou.
"What I mean is that we should advance and retreat together. The stock market is small now, but it's hard to say what will happen in the future. One person's money can't control it."
“Wow!”
Nan Yi was shocked by what the blind man said. The stock market was still in the trial stage, but people here were already thinking about manipulating the stock market.
"Mengzi, your idea is great, but this is a big deal. Let's just start today and let everyone think about it carefully. We can discuss it in detail after the New Year."
Yang Baiwan is implicitly the leader of Jing'anfang. As soon as he spoke, the others who wanted to express their opinions shut up for the time being, and each of them wondered in their minds whether this was feasible and how it should be done.
Seeing that the others didn't want to continue the conversation, Nan Yi raised his hips slightly and then lowered them again. After An An finished the meal quietly, Nan Yi said goodbye to everyone and took Nan Wuwei to Hongqiao.
Song, Pu, Shan, Jing, Bang, Dang, Chi, Gou, Jiang and He are often found in the place names of Shanghai. Needless to say, anything with three water drops was a waterway for hundreds or decades, or even just a few years ago. Shanghai filled up these waterways step by step and slowly expanded the urban area.
Nowadays, these waterways have basically been filled up and turned into streets, and only a few have survived. There is an unnamed river that has survived near the train station. Because it is far away from residential areas, the river water is still clear and the river shrimps in the water are very happy.
The car stopped by the river. Nan Yi and Nan Wuwei took a look into the river and estimated that the water depth was less than 80 centimeters. Nan Yi walked to the trunk, took out waterproof pants and put them on, and hung a bamboo basket around his waist.
"The water is too deep. You just stay on the shore. Dad will come up with half the basket."
"Yeah, dad, be careful."
"OK."
Nan Yi stroked Nan Wuwei's head, waded into the river, aimed at a clump of dense water plants and gently lifted them up. Between the grass stems, tiny river shrimps fluttered and jumped.
"Dad, that's a lot."
With lightning speed, Nan Yi picked up a few river shrimps that had no time to jump into the water and put them into the bamboo basket. Then he sank his left hand into the water, leaving a slight gap between his fingers, and slowly pushed forward along the stems of the water plants. As soon as he felt something hard and bouncy, Nan Yi's hand would clench instantly - if he grabbed nothing, he would open his fingers and continue to push forward, if he grabbed something solid, he would pull it with his fingers, clamp the river shrimp between his ring finger and little finger, and continue to push forward.
With each pass, Nan Yi could always catch one or two river shrimps. Together with those picked up from the grass stems, each clump of water grass could bring him a small harvest of more than a dozen river shrimps.
After raiding a few clumps of water plants, Nan Yi looked into the bamboo basket and saw only a hundred or so river shrimps.
"Son, go get the scoop net. You're too slow. If you don't hurry up, you won't be able to have noodles in time for dinner."
"Um."
Nan Wuwei responded, ran to the trunk, took the scoop net and handed it to Nan Yi.
With the scoop net, Nan Yi could catch shrimps much faster. He covered the whole clump of water plants with the scoop net and shook the plants a few times. The river shrimps between the grass stems were driven out and drilled deep into the scoop net. Nan Yi shook the scoop net twice more and lifted it up high. He could immediately see a large group of river shrimps clustered at the bottom of the net.
Looking at the river shrimps in the scoop net, Nan Wuwei showed an excited smile on his face.
Not long ago, a classmate from Suzhou transferred to Nan Wuwei's kindergarten. After they got to know each other, he boasted to his friends about a kind of noodles called Liuxia Noodles, which was very delicious. Nan Wuwei listened and took it to heart, so when Nan Yi came this time, he told Nan Yi that he wanted to eat Liuxia Noodles.
Nan Yi didn't know what Liu Xia Noodles was, but there were two clues: Gusu and Liu Xia Noodles. He found out how to make it after asking around. Today the weather had just gotten a little warmer, and he came here to catch shrimps while the sun was shining brightly at noon.
After walking a mile and a half along the river, Nan Yi checked the bamboo basket again. The shrimps were up to the basket neck, more than enough for three bowls of noodles. Wading back to the shore, Nan Yi untied the bamboo basket and held it under Nan Wuwei's eyes. He shook the bamboo basket twice and smiled, "Is it enough for you to eat?"
Nan Wuwei leaned over to the mouth of the bamboo basket and looked inside. A smile appeared on his face. "Wow, Dad, there are so many shrimps."
"That's enough. Let's go." Nan Yi hugged Nan Wuwei and walked towards the car. "I'll go back and make noodles for you. Six-shrimp noodles are very troublesome. It will take several hours to make."
"Uh-huh."
After returning to Fang Mansion, Nan Yi called Mao Chijuan and Miao Xiaolan to the dining room, and the three of them worked together to rinse the river shrimps thoroughly.
After rinsing and putting the river shrimp into the drain pan, Nan Yi said to Nan Wuwei who was standing aside as a supervisor: "Son, go get four hooks for your darts."
"oh."
Nan Wuwei quickly brought four crochet hooks, three large and one small, and each of them held one in their hands and probed into the belly of the river shrimp again and again. Tiny shrimp eggs were scraped off and fell into a glass bowl filled with clear water.
There were more than 6,000 river shrimps, almost a thousand of which had shrimp roe on them. It took four people, one of whom could be ignored, and three of whom were quite quick, nearly an hour to finish the job.
The next step was to peel the shrimps and separate the shrimp heads, shells and shrimp meat. This step took an hour and a half.
"I'm so tired, Dad. It's so troublesome to eat six prawn noodles."
Just after finishing the steps of dissecting the shrimp, Nan Wuwei started to cry out in pain, shaking his hands.
"You little brat, you only peeled a few shrimps. If it were two years ago when you were in the production team, you wouldn't have earned a single work point." Nan Yi shook his head, picked up a salt shaker, sprinkled some Persian blue salt on the shrimps, and grabbed a few handfuls with his hands, "Auntie, put the shrimp heads in the pot and blanch them until cooked."
"But I'm really tired, Dad. I won't eat it next time." Nan Wuwei said with a pout.
"Is it more tiring than your martial arts training ?"
"yes."
"No way, forget it, stop poking around here and go play video games. Dinner will be served on time, so come down by yourself."
"Oh, Dad, I'm going."
Nan Wuwei did not inherit Nan Yi's interest in cooking. He had long been unable to stay there. When he heard Nan Yi let the people go, he ran away immediately.
Nan Yi smiled knowingly, and when Mao Chijuan brought the blanched shrimp heads over, he started to dig out the shrimp brains.
It took nearly another hour and a half for the three of them to dig out a small dish of shrimp brains.
Heat oil in a pan. When the oil is 60% hot, Nan Yi puts the shrimp heads into the pan and stir-fry until a strong aroma comes out. Nan Yi pours the fried shrimp oil into an empty bowl.
Add appropriate amount of water to the pot, cover the pot and simmer over low heat for an hour.
Use a colander to press the bottom, scoop out the soup with a spoon, and pour the fresh and rich shrimp soup into another empty bowl for later use.
Continue to stir-fry the shrimp heads in the pot until they become dry and crispy. Nan Yi did not choose to use a wall breakers. Instead, he put the shrimp heads into the rice pounding bucket and pounded them with the mortar and pestle until they were powdered.
Use a fine sieve to sift the shrimp powder, keep the fine powder, and discard the coarse powder and impurities.
"Aunt, mix the shrimp powder and flour in a ratio of 1:2 to make dough. I don't know how to make noodles, can you help me make it?"
"Yes, sir."
Mao Chijuan responded and walked to the counter with the shrimp powder to knead the dough.
Nan Yi cleaned the pot and put the water soaking the shrimp roe into the pot directly. He stirred slowly with a spatula. When the water dried up, he turned the spatula over and stir-fried. He watched the shrimp roe in the pot turn into a dry golden color. He continued to stir-fry until the shrimp roe turned into a dark brown color. Only then did Nan Yi take the shrimp roe out of the pot.
Wash the pot again, heat the pot and pour in shrimp oil. When the oil is 60% hot, put the shrimp meat, shrimp brain and shrimp roe into the pot and stir-fry. When they are cooked, serve them out. Nan Yi has done all the work he needs to do.
Twisting his neck, Nan Yi sighed, "This Broken Six Shrimp Noodles takes too much effort."
Liu Zhen, who had just returned from get off work, walked into the dining room, sniffed, and said, "It smells so good. What delicious food are you making?"
Nan Yi stretched his waist and said unhappily, "Make six shrimp noodles for my son."
"You really made it for him. He wanted me to make it a few days ago, but I didn't even listen to him. How could I make it for him?" Nan Yi walked to Nan Yi, looked at the toppings in the bowl, picked up a shrimp and stuffed it into his mouth. "Hmm, it's delicious. You are really knowledgeable. You can make this, too."
"This has nothing to do with experience. I didn't even know about six-shrimp noodles two days ago. It all depends on whether you value your son and whether you have a heart." Nan Yi took off his apron and took a look at the noodles pulled out by Mao Chijuan. "Aunt, pull them thinner."
"Well, you are a thoughtful father." Liu Zhen said in a gloomy tone, and then muttered: "I wonder how much of your father's share Wuwei can get."
"Stop grumbling and go get the bowl. As a mother, you have done your part."
"It's worth the effort, that's it."
Liu Zhen ran to the cupboard and brought over a few flowery bowls. Nan Yi took the noodles that Mao Chijuan had prepared and put them into the pot.
While waiting, divide the hot shrimp soup into three bowls. When the noodles are cooked, scoop the noodles into bowls and put them on the noodles. Spoon a little shrimp oil on the topping and sprinkle with a pinch of green onions. The three bowls of six-shrimp noodles are finally ready to be served.
"Bring the noodles over first, I'll serve the eight-treasure dish."
"Grab some pickled lettuce."
"Um."
The noodles were served, and the dishes below were also served. Nanwuwei, the little guy, went downstairs after smelling the food.
"Wow, Dad, this noodle is so fresh and delicious. Really delicious." After putting a mouthful of noodles into his mouth, Nan Wuwei couldn't help but exclaim in praise.
Liu Zhen took a bite and said, "It's too fresh, a bit greasy."
"Hmm, the Persian blue salt is a bit redundant." Nan Yi took a sip and said, "The amount of shrimp powder is too much. Next time, I will use a ratio of one to three for the shrimp powder and flour."
As he spoke, Nan Yi went to pour three cups of water. The noodles were so fresh that he would definitely feel thirsty after finishing them.
After finishing the noodles, Nan Yi was rubbing Nan Wuwei's stomach, and the school beauty walked into the dining room with a satellite phone. "It's Mr. Chen Feng's call."
"Crazy, what's the matter?" Nan Yi said as he picked up the phone.
"Comrade Nan Yi, where are you?"
Nan Yi heard Chen Feng's tone was very formal and serious, and it didn't seem like he was joking, so he answered seriously: "Comrade Chen, I'm at Fang Mansion in Shanghai, and I just finished dinner."
"Someone will call you within twenty minutes, please answer the phone."
"yes."
After hanging up the phone, Nan Yi thought for a while, went to the bathroom to wash up, and then went to the study to wait.
Twenty minutes later, the phone on the desk rang.
Nan Yi picked up the phone and said calmly, "Hello, I'm Nan Yi."
"Hello, Comrade Nan, I am Zhu Zhun, the director of Chen's office. I need your help with something."
"Director Zhu, please speak."
"The Xiangkeng branch of Shengmin Petroleum Group did not operate WTI oil futures smoothly not long ago. Mr. Chen hopes that Comrade Nan can give them some guidance."
"It's not going well. Guidance... You want me to help them get out of the position and close the position." Nan Yi quickly understood what the other party on the phone meant. "Director Zhu, who should I contact?"
"Huang Enmin."
"Okay, I'll get in touch with him as soon as possible."
Putting the microphone back on the table, Nan Yi picked up the satellite phone again.
"Lu Fu, take a trading team to Shengmin Petroleum Group in the Bank of China Building and find a man named Huang Enmin, who should be long. Help them operate for a period of time. If there is no loss, you can withdraw."
"Nansheng, if their position building costs are too high, it will be difficult to avoid losses."
"Do your best. This is not a business deal, but it's better than business. It's a big deal. Focus on the operation. Don't have too much contact with the other party. Keep me on the line after you arrive."
"clear."
After ending the call, Nan Yi turned on the TV, tuned one to Baghdad TV and the other to watch the domestic "World Today".
The news from Baghdad is not very good. That king of big talker, the director of Iraq's most mysterious department, the Strategic Research Institute, Al-Sahaf, who was still clamoring for the National Guard to beat the Americans to a pulp when American shells hit his feet, has not yet started to be in charge of news work. Now the spokespersons on TV are so cute and stupid.
The statement in "World Today" was very restrained, saying only that Iraq had switched to "static defense."
With a few clicks of the remote control, the Mansudae station that relayed the signal from Seoul became much more interesting. The female host was passionate and the whole process was very interesting. The scenes of Iraq attacking Kuwait were grafted onto the anti-American movement, and the Americans were also in a state of panic.
There is no scene of rifles hitting fighter jets, so it still lacks some meaning.
Nan Yi has seen a movie about a secret force that sneaked into Seoul and was chased and blocked by South Korean troops. The second male lead was shot hundreds of times while trying to protect his comrades. Finally, on his deathbed, he thought of the great general, and was resurrected with full blood. A Type 58 automatic rifle with unlimited bullets fell from the sky, and he wiped out the enemy completely.
In the end, the entire secret force successfully completed its mission and returned to Pyongyang without causing any casualties.
Spitting, Nan Yi pressed the remote control and tuned the TV to the Saudi channel. Saudi Arabia has stationed many reporters on the front line, and many battle scenes for other national TV stations are provided by them.
Knock knock knock.
"Come in."
Liu Zhen pushed open the door and peeked inside. "Have you finished your call?"
"It's over."
"oh."
Liu Zhen pulled a chair and sat next to Nan Yi. "Who was the caller from?"
"From Grandpa Chen Feng's office."
"Can I tell you what happened on the phone?" Liu Zhen was very interested to know.
"It's nothing serious, just an oil futures issue. Shengmin Oil got stuck in futures trading, so they asked me to clean up their mess."
"Hmm? Mr. Chen called you directly?"
"No, someone in the office."
Liu Zhen thought for a moment and said, "That might not be what Mr. Chen meant, right?"
"It doesn't matter whether Chen Feng calls me Comrade Nan Yi or not."
Liu Zhen nodded, "I understand. If it's a private matter, Chen Feng will tell you as a private person, right?"
"almost."
"Oh." Liu Zhen responded, and then said: "Let me tell you something about my son. Yao Lan came to me and said that my son is very good at arithmetic, but he just doesn't do the exercises according to Yao Lan's instructions, and always does his own thing."
"What do you mean? Kindergarten doesn't teach anything too complicated, just addition, subtraction, multiplication and division. Are there any steps to solve the problem?"
"It's not the problem-solving steps, but his own way of thinking. I'm afraid he will develop a habit if he continues like this, and he will have problems with math tests in the future because there are standard answers in the exams." Liu Zhen said worriedly.
"Don't think too much. My son's math talent is better than yours and mine. It's a bit too much for him to win the Fields Medal, but as long as he is interested and works hard to become a mathematician, it's fine, even if he ends up being a mere mediocre mathematician.
At this point in time, why does our son need to pass the college entrance examination to change his life?
Why do we need standard answers?
This is because our education is designed to mass-produce industrial workers with a certain level of knowledge. The standard answer means manufacturing standard parts, and the entire society is modularized. There is no need to worry if a part is broken, as there are always a bunch of parts coming off the assembly line ready to go.
My son can only make standard parts for a while, not for a lifetime. He can either become a manager or jump out and take an innovative path. I hope Wuwei can discover new things instead of copying and pasting.
Although I am not good at math, I know that mathematicians cannot become successful just by giving standard answers. This summer, I will take Wuwei to visit Burgundy, Lion, and York, so that he can learn from their predecessors how to win the Fields Medal. "
"Oh, Nan Yi, you are so shameless. Just by saying this, you are pushing your son into the ranks of mathematicians." Liu Zhen said sarcastically.
"Hey, President Liu is President Liu, he is selfless. When others introduce their sons as "dog son", when you introduce them, do you directly call them "bad son" or "born by a mother but not raised by her?"
"Mr. Nan, do you want to quarrel again?" As soon as Nan Yi's words came out, Liu Zhen immediately got nervous.
"Whoever wants to quarrel, get out. This is my study." Nan Yi patted his forehead. "Alas, such a big country, but there is no room for a quiet desk. I should have been a physicist. Future generations will summarize several Nan Yi laws, such as the first Nan Yi law, the ninety-ninth Nan Yi law, the Nan Yi time travel law, and so on. One law every three days.
Nan Tian should stand up, raise the battle flag, kill Liu Gou, and restore order to this world."
"Tsk, the channels jump quite fast. You, on the other hand, are just good at talking." Liu Zhen took the remote control from the table and changed the channel to Shanghai TV. The variety show "60 Seconds Quiz" was being broadcast on TV.
Nan Yi shook his head, gave the study to Liu Zhen, and ran to Nan Wuwei's room.
"Son, what are you playing?"
Nan Wuwei stared at the screen and said without turning his head: "Uncharted Waters, Dad, I'm about to buy all the ports."
"Oh, a business game."
Nan Yi walked behind Nan Wuwei and stared at the computer screen. The picture quality was too poor and he lost interest after a while. His eyes moved away from the screen and moved downwards. The first thing he saw was the visible lock hanging on the drawer.
"Why is the drawer still locked? Do you have your own little secret?"
"There are no secrets. In order to prevent mom from peeking, dad and mom will secretly look through my drawers."
Nan Yi smiled lightly, "You caught me red-handed?"
"No, I was welding and the scraps of paper stuck on the drawer fell to the floor."
"The paper scraps are too obvious. Next time, use a hair or vibration sensor. Or should Daddy get you an infrared alarm?"
"Uh... it's useless. I didn't dare to say anything even though I knew my mom had turned over. She would beat me."
"Your mother has that kind of temper, so don't provoke her."
Nan Wuwei paused the game, turned around, looked at Nan Yi and said, "I didn't provoke her. Mom always wants to teach me a lesson. She also told me that she didn't have enough food to eat when she was a child and had to work every day. She also said that I was born with a silver spoon in my mouth and so on..."
Nan Yi walked up to Nan Wuwei and picked him up, scratching his nose with his right hand, "Haha, your mother must be jealous of you because you are so happy."
Touching his nose, Nan Wuwei said disdainfully: "Dad, don't scratch my nose, it's going to break."
"If it collapses, I'll make a new one for you, Pinocchio, okay?"
"Not good." Nan Wuwei patted Nan Yi's hand, "Dad, let me go, I'm about to pass the level."
"Um."
Putting Nan Wuwei aside, Nan Yi continued to watch him play games.
…
In Xiangkeng, Nian Lufu was very clear about the nature of Shengmin Petroleum, and was also very clear about the requirements that Nan Yi mentioned on the phone. After saying hello to Zhao Shixian, he called back the most capable trading team of PY Securities to the company, and the group walked to the Bank of China Building, chatting and laughing.
After negotiating with the security guard on the first floor of the Bank of China Building, the group went upstairs and entered the office area of Shengmin Petroleum.
As soon as he entered the office area, Nian Lufu dialed Nan Yi's satellite phone.
Wrapping himself in a military coat and making a pot of tea, Nan Yi put on his wireless headphones and sat in the yard. He listened to the voice on the other end of the phone: Nian Lufu had finished his greetings with Huang Enmin and was invited into the trading room.
Nian Lufu: "Mr. Huang, at what price did you build the warehouse? How many barrels?"
Huang Enmin: "Building a position at an average price of $27, 4 million barrels."
Nian Lufu looked up at the two large screens in front of the trading room, which showed the futures prices of New York WTI and London Brent.
"Mr. Huang, how much money do you have available?"
“Less than ten million dollars.”
"I want exact numbers." Nian Lufu frowned.
"Xiao Zhu, you go tell Mr. Nian."
Huang Enmin was already extremely anxious and had no mood to remember the specific amount. It was not that Shengmin Petroleum's position could not be closed, but that Huang Enmin did not dare to do so. If the position was closed, it would mean a loss of Shengmin Petroleum of nearly 30 million US dollars, and he could not bear this responsibility.
“$8,274,017.”
"I want 6 million transferred to your Brent account and 2 million to your WTI account."
The young man named Xiao Zhu did not immediately follow Nian Lufu's order, but glanced at Huang Enmin.
Huang Enmin said unhappily: "Look at what I am doing, go and execute it."
"Brent's opening price today, real time."
"20, 20.05."
The trader brought by Nian Lufu himself gave a clear and concise reply.
"Open a position, 3 million barrels, 50 times leverage, short." Nian Lufu gave the order after observing the market trend again.
A warehouse of several million barrels cannot be built in one go. The main trader Lin Guoping broke down the orders into 200,000 barrels, 500,000 barrels, and 100,000 barrels, accumulating little by little and buying them at different prices. It took nearly an hour to build the warehouse.
“The position was successfully established, with an average cost of $20.09.”
"Every 5 cents drop will be reported."
"yes."
Nian Lufu: "WTI opening price, real time."
"21.18, 21.25."
"Two million barrels, 50 times, empty."
More than half an hour later, Lin Guoping shouted, "Success."
"Report every time it drops by 10 cents." After giving the order, Nian Lufu said to Huang Enmin, "Mr. Huang, I suggest you close your previous position now. According to the current situation, it is difficult for oil prices to return to the level of $27. It is just a matter of how much loss you make next."
Nian Lufu judged that the oil price would definitely exceed 22 US dollars at some point in the next few days, but this point was difficult to grasp. He was just here to help, so there was no need for him to risk his life.
Huang Enmin did not directly express his agreement or disagreement. He walked out of the trading room and made a phone call. After returning, he chose to close his position without hesitation.
Fortunately, I closed my position before the price started to plummet. I closed my position at 21.15 and suffered a loss of 23.4 million US dollars.
After closing the position, Nian Lufu set a profit target in his mind - 26 million US dollars. In the middle of the process, he made an excuse to leave and informed Nan Yi and Zhao Shixian of this target.
Zhao Shixian suggested that PY follow suit and build a position, making a short and fast operation.
Nan Yi agreed after careful consideration. Although he was helping, he couldn't lose, regardless of whether the "request" for help came directly from Mr. Chen. Therefore, things must develop in a good direction, which means a win-win situation.
Nian Lufu was under a lot of pressure.
After returning to the trading room, he devoted himself to the work.
After hearing that at ten o'clock, oil prices in London and New York were falling sharply, Nan Yi hung up the phone. He was very confident in Nian Lufu's abilities, which could be seen from his past performance.
Generally speaking, whether it is Scarlett Fund or PY Securities, there will only be one or two major speculations a year. The traders will not work as a team for too long. Usually they basically work on their own with the amount authorized by the company. The higher the probability of winning, the higher the amount and the higher the commission they can get, and vice versa.
In addition to annual salary and management dividends, Nian Lufu can also earn tens of millions of dollars in commissions from his own trading every year, which is split 80% with the company. This means that his personal operations can bring PY Securities a profit of 40 million US dollars a year, and this is the figure he brings in when he rarely has time to trade.
After all, he is the vice president of PY Securities. Most of his time is spent on management, and he doesn't have many opportunities to do things himself. Usually, when he goes out, it means the whole team is out. Only Nan Yi is a little special. Last time, he insisted that Nian Lufu do the trading for him.
the next day.
When Nan Yi got up, there was already an email in his unread email list.
When I clicked on it, I saw the results of Nian Lufu's trading from last night to the early morning: a profit of 1.77 million US dollars in London and 1.1 million US dollars in WTI. He predicted in the email that oil prices would rise today, and he planned to increase leverage to achieve the profit target as soon as possible.
Nan Yi directly replied in agreement. The more times you trade, the greater the risk. Long-term trading relies on information asymmetry and manipulation, while short-term trading relies on quick market analysis and the most important word "gambling". All the data are clearly laid out in front of you, but when faced with the choice between long and short positions, there is still a certain degree of gambling involved.
If you make a right financial bet once, you can become very successful. Similarly, if you make a wrong bet once, you will fall into the abyss. In the end, financial institutions will strive to "earn stable commissions with other people's money, and then bet on the probability". No one will always gamble with their own money. No matter the rise or fall, no matter whether you win or lose, only by earning stable commissions can you be invincible.
If you win, you can get more spreads and commissions.
Lost...
That depends on how much capital you have. If you have a lot of capital, you might as well give up on reputation and make the accounts a little uglier, or just take some of the interest rate spread. The positive and negative profit range written in the contract must be fully utilized.
After dealing with the emails, Nan Yi took Nan Wuwei, who had already gotten up, to the Tilanqiao Wholesale Market.
Tilanqiao, located in the north of Hongkou, is the gathering place for seamen from various countries who smuggle foreign cigarettes when they disembark. It is also the largest extended wholesale market in Shanghai, selling brands such as Marlboro, Xingbao [fake foreign cigarettes, actually domestically produced], Sanwu, and Wrigley.
There is also Camel, but the source of this cigarette is more complicated. There are real foreign cigarettes, those produced in Southeast Asia, and those produced domestically. The retail price is six or seven yuan, and the wholesale price varies. Smokers who know a little bit about the tricks will not smoke this cigarette, knowing that this cigarette cannot be pretended.
Many little girls from the alley who dropped out of school early did not want to waste their time in the textile factory, and could not find other good jobs, so they would wholesale cigarettes from Tilanqiao and then take them home to set up cigarette stalls to make money. When business was good, they could earn 20 to 30 yuan a day, which was already a good income.
Tilanqiao is called a wholesale market, but foreign cigarettes are not legal after all, so it is impossible to display samples openly. It is difficult for newcomers to find the right person to buy cigarettes. They need someone to lead them to see the real thing.
Foreign cigarettes make Tilanqiao prosperous. In addition to foreign cigarettes, there are also many wholesalers of other things concentrated here. Especially as the New Year is approaching, there are many stalls selling wholesale New Year goods here.
After visiting several stalls, Nan Wuwei saw that Nan Yi had not stopped, so he asked, "Dad, what should we order?"
“Spring Festival couplets.”
"Spring Festival couplets, we just passed by them."
"That one is handwritten. We need to find printed ones. You see, almost every household now has handwritten Spring Festival couplets. Printed ones are relatively rare. Because of this, printed ones will look very fashionable. Others have handwritten ones, but yours is printed. In comparison, it will look very high-end.
“Oh, scarcity.”
"On the one hand, people now have a subconscious cognitive bias towards the cost of human labor. The value of human labor is about 30 cents per hour. A relatively cheap machine in a factory costs thousands or tens of thousands, and a more expensive one costs millions or tens of millions. A machine worth one million yuan requires a worker who earns 100 yuan a month to work for 833.3 years.
If we calculate that a worker can work for 40 years, then one machine is equal to the value created by 20 people in their lifetime. Therefore, in people’s minds, the value of industrial products produced by machines is naturally greater than that of handmade products.”
“Is printing Spring Festival couplets more profitable?”
"right."