The average person doesn¡¯t know what information is useful and what information is not. Even the most intelligent people in this era confidently tell others that this is useful and that is useless.
But in essence, this is just a probabilistic distinction made by smart people based on basic information and weighing.
"But Huang Shaowen knows what is useful information and what is useless information.
Pointing to a line at the beginning of the document: "Did you see that the dividend yield has dropped to 2.8%? How much money can you make with such a small yield? These people are all crazy now. With this money, come to the stock market To join in the fun, we might as well open a factory and produce whatever we want to sell to Southeast Asia or Africa."
Huang Shaowen curled his lips, shook his head and sighed: "Do you think these Westerners have a brain problem? There are so many rich people, and they don't want to benefit the public and engage in these financial games every day. Is it interesting? Cultivate a group of middle class in ten years , the casino opened ten years later and everything went bankrupt.
Then we will cultivate the middle class. I really don¡¯t understand what the value of their lives is. Wouldn¡¯t it be nice for everyone to get rich together? I also heard that some sociologist specifically argued that society will collapse when everyone gets rich, which is nonsense. "
Huang Shaowen sighed and mocked while continuing to read the documents sent by the Ren family. The Ren family wanted to say, if they didn't play this game, how could you, boss, make so much money in such a short period of time?
However, after thinking about it, the Ren family realized that this must not be said.
"Look, General Electric, Boeing, and American Express, with such high price-to-book ratios, don't have much investment value at all. Do you think Americans have been brainwashed by these companies and keep buying and selling? Their stocks. The left hand flipped the right hand, and they didn't feel tired.
I see, it¡¯s time to get tired. In October, you should focus on these companies. Also pay attention to Coca-Cola, Westinghouse, Telegraph and Telephone Company. Forget it, I'll make a list for you then. "
The information collected by Ren Jiacai is quite comprehensive. In terms of price-to-book ratio, he found data from several relatively large companies, which were all from the past few months. However, the price-to-book ratio is already very high, and the investment value is not as advertised by these companies. That high.
The meaning of price-to-book ratio is very simple, which is the ratio of stock price per share to net assets per share. The lower the ratio, generally speaking, the higher the value of the investment. On the other hand, if this ratio is high, the investment value of this stock will not be high.
General investment institutions must pay attention to this information. Many people also pay attention to this information in personal investment. However, once this important information is faced with the hot stock market, this data will not be able to restrain people's hearts.
The market trend is rising, and it has been rising for more than ten consecutive years. Investors' confidence has been built step by step. Everyone believes that their American dream will be realized.
Later, this kind of confidence was very blind. In fact, it was very dangerous at this time. When everyone around you tells you that stocks will definitely make money and strongly recommend them, this is already a sign of danger.
??The stock investment behavior at this time can no longer be regarded as investment. Strictly speaking, the investment behavior at this time is more like gambling.
It just depends on who is the last one to take over. Anyone who leaves early will make money. But those who left the game early saw that the roulette wheel was still spinning and couldn't help but enter again to participate in the "throw the handkerchief" game.
Until one day, this "handkerchief" directly blew up all the participants and onlookers, except those who evacuated early.
Huang Shaowen doesn¡¯t remember the misfortune of these companies. The main reason is that as long as it is an American company, it will be quite miserable two months later. Huang Shaowen didn't have to make a special choice. He just remembered the names and filled in a list of dozens of companies. Ren Jiacai only had to follow this list and short their stocks, and he would make money.
"The American people are playing too hard. Huang Shaowen could seize this opportunity with his eyes closed."
The Ren family does not have Huang Shaowen's "magical calculations", but he believes in his boss's magical calculations. "American companies basically have various relationships with their media companies. If large companies want to maintain market confidence, as long as they don't fight with their competitors and cooperate with each other, it will be very simple to make Americans believe in their market prospects. .¡±
Regarding Huang Shaowen¡¯s words, the Ren family was not polite, but actually somewhat agreed with them. This is mainly because following Huang Shaowen in the past few years, I also learned to look at the overall social situation from the superstructure.
The systems of Guangdong and Hong Kong are very similar to those of the United States, especially the economic system, so Guangdong and Hong Kong are like this, and naturally the United States is no exception.After all, what Americans are like, Guangdong and Hong Kong all learn from them.
Huang Shaowen looked through it again and wondered: "Why is there no information from the Federal Reserve?"
Ren Jiacai was puzzled, "The Federal Reserve? Boss, the U.S. financial market has little to do with their Federal Reserve."
Although the Federal Reserve cannot be regarded as a formal government agency in the United States, from a certain perspective, it can also be regarded as a government department. The capitalist free market regulates its own market changes, and it does not have much to do with the Federal Reserve.
Many times, the American economy really depends on those large individual banks, investment banks, funds and other financial companies.
"Why doesn't it matter?" Huang Shaowen replied. "Jia Cai, your overall view is still not broad enough. Think about it, there is only so much money in this world. Either in houses, gold, oil, or manufacturing. Exchange, exchange There are only a few places to go. No matter how bad the Fed is, it still has to serve the U.S. economy.
Whether it is an interest rate increase or an interest rate cut, it will have a great impact on market capital flows. This is something you, as the future leader of Genmu, must have this understanding of. "
Huang Shaowen put it on the file and tapped Ren Jiacai with his finger. This young man is still young, and his understanding of finance is still at a relatively elementary stage.
??In terms of magic potential, the Ren family has learned "fa" very well and has some understanding of "skills", but the understanding of "power" is still somewhat lacking for the time being.
"Your vision still needs to be improved. Who are the largest consortiums behind the Federal Reserve, what are their interests, what are the interests of the consortia that correspond to them, and what are the conflicts and conflicts. If what is needed is, who are we? Who are our friends and who are our enemies? We must be aware of these things."
Huang Shaowen, with a tireless attitude of teaching others, seriously educated Ren Jiacai, regardless of whether what he said was right or wrong. But at the very least, if you can give Ren Jiacai a reminder and let him know that he must continue to learn and improve, then my own reminders will be helpful to him in general. (Remember the website address: www.hlnovel.com