Category: Money tips Release Date: 2007-05-01
The market for 16 years, 400 million yuan from 8,000 yuan Chao Dao Xiong years of China's stock market actually had a "forest of hundreds of millions." May wish to insight their "profit effect" the magic and enjoy the wonders of growing wealth, frequent exposure to explore the motivation.
For the myth makers, ordinary people's response has generally been skeptical, especially in the bear market has experienced four years of China's stock market. Linyuan is such a market maker of myth.
As the television and paper media, the recent continuous publicity referred, people know Linyuan very "myth" of the stock market experience, and only look at the media article title, will give people a raspberry - "Linyuan: birth of China's stock market Billionaire, "" Chinese stocks excess return of God shocked the world: an average annual compound growth of 98%. "
In fact, these articles that are the same thing: in 1989 to 8,000 yuan into the market of the Linyuan, into the stock market in its 16 years, an average annual compound growth rate of 98% of the original 8,000 yuan is now Chaodao 400 million yuan. According Linyuan's own words, the 400 million yuan is only a conservative figure.
Such a strong "make money" effect is too much contrast with the current stock market: even broader market rallied from 1000 to the current 1300 near the market remains scarred investors everywhere was devastated, where would dare to talk about what "money effect" ? Once you know China's stock market went so far as can be spawned out of a billionaire, "Red Week," How can we let a press?
However, to be honest, even in the afternoon of March 7, when the reporters and Linyuan connected to the phone are still doubts the authenticity of this matter, and when he told reporters: "Do you see now is only a small legend , the real big legend also behind: By 2008, I believe the worst of the market value of the results is now re-double. "
Such "lies" and add more of the reporter's curiosity, hoping to face will be the stock market Gao Ren and Lin-Yuan said he visited the listed companies because the Beijing branch of China Merchants Bank, which also happen to Beijing. So we will be meeting to take place around the vicinity of a securities company in the Trade Sales Department, where some of his positions.
March 7 after the market closed, open the sales department a VIP room glass doors, sitting on hard to find "Red Week" reporter in front of Linyuan is a billionaire: wearing not very elegant, no wear Any accessories, hand that even a ring at all. However, not tall, shaving with Xiaoping Tou his eyes, although modest, the eyes revealed nothing left, and anyone, or people feel some of the media described as "Cheetah" in Linyuan, it seems not the wave very catchy title.
Effect of the stock market is to make money
"Red Week": the rich people always say, "Men Sheng fortune," Why did you start from the end of last year, we should frequently in the media exposure about your experience in the stock market to become a billionaire?
Lin Yuan: This is because last year in Beijing, I met a very popular thing to stimulate: and friends to go karaoke singing, the results because they know we are shareholders, the other's attitude is not very good. Because in their concept, the person is a money-losing stocks people.
However, this is only an incentive. The most important thing is to want to set a standard - that is, the stock market to make money standards. As to provide a product model, as long as you do according to this model, we can produce qualified products. To make money, too, there will be a standard.
Stock market wealth, as a gathering place, actually no one can because of the previous stocks Rich List, which is very strange. So, I just want to send a message: The stock market is a lucrative place, and in the future market, more and more people will make money, and more from the stock market was born a rich man.
"Red Week": Why do you want to have more people feel the effects of stock market to make money?
Lin Yuan: This is because after years of decline, and last year's stock reform of the price of China's stock market has become increasingly less water, more and show the value of their investment. Of course, in my eyes, a few from home, said that 95% of companies have no investment value, but dozens of companies worth investing in the share market value will reach 60%, or even 70%. This alone had dozens of stocks, so that everyone will be able to make money.
Has long been the house mortgage Mancang stock
"Red Week": Now that wish to establish a standard to make money, can tell me about your experience to make money in the stock market? In the Zuo Gupiao before you engage in any occupation? Why do you have the opportunity in 1989 to enter the stock market?
Linyuan: 1989 years ago, I have a doctor in Shenzhen in touch with the stock market is also a very accidental causes. At that time, someone's girlfriend at home mom inside a pre-liberation Shanghai Stock Exchange listed company had been a boss, so when the stock market in Shenzhen has just one time, her mother said to me that the stock is a good thing, you should go to Learn to understand. As a result, the end of 1989, a total family scrape together 8,000 yuan, the first transaction on the purchase price of 88.45 yuan to 100 yuan face value of five shares of Shenzhen Development. Later, one after another to collect the wilderness had a lot of deep, deep Hanny, Joan initial offerings such as the public source. By 1992, the market value of my stock has more than 10 million yuan of. When I started Zuogu Piao, not many people know this thing the stock to sales department which had a few people, a situation that was once the stock market Huan-liang.
"Red Week": Now your wealth is entirely accumulated in the stock market do?
Linyuan: This is 10 years, I, apart from Zuogu Piao, he also done some real estate projects. In 1993, when it was fought in real estate, although the profits of several millions, but feel the stock should earn more, then return to the stock market in 1994. In 1996, the great bull market of that wave in a large number of holders of Shenzhen Development, Sichuan Changhong, a full earned 9 times. The market is good, can be said to make a Mercedes one day. Before and after the market began in 2000 was crazy, so the gradual withdrawal from the A-share market, after they fought in the peripheral market.
2003 will be more than 100 million of funds transferred to the A-share market one after another, from April until December, when the broader market 1,600 points to buy a lot of Guizhou Maotai, Wuliangye. At that time, the position has been filled, but also several of my houses mortgaged to the bank, and take money out of Zuogu Piao, to the warehouse is still full.
"Red Week": I heard that you recently everyone that borrow money, but also the lion's open, how many would take much. Is intended to be used entirely to buy shares? Loan interest is generally much?
Linyuan: not so exaggerated, that is, by tens of millions, around 9% per annum, mainly used borrowed money to buy convertible bonds. I figured before, convertible bonds market risk is not large, the arbitrage opportunity which can be said that risk-free profits.
"Red Week": Now that you have such a high level of investment, why would prefer to borrow money from stocks, rather than do private equity funds, Valet fiscal management that sort of thing?
Linyuan: do these things only make people worse state of mind of the stocks. Stocks has always been a very free, but also be able to spend time thing, and I put up their own stocks, only for their own actions and the money responsibly on the list.
China's best to do the shareholders of listed companies
"Red Week": Your investment experience really makes people feel very strange. Few people can be so many years in the stock market, but also rarely missed, you do it?
Lin Yuan: This is because over the years of investment experience has infiltrated into the essence of the.
Say I am now stock picking approach, in fact nothing special, that is, choose the right company, select the next three years the most profitable companies, making China the best of shareholders of listed companies. But my money standard, and those fund managers, foreign investment guru or different, in the final analysis is "stingy."
First, I figured this person should never do things very clearly, only the account be considered clear enough, and Zuoqishilai heart can be several, but an investment is to contests Caixing.
Another point is that my people are born "stingy", a character so I will not be easily fooled, and can not be squandering a penny. I always think that, whether it is consumption or investment, be sure to buy the best cost-effective thing, also the lowest price to buy the best things.
In addition, not familiar with the industry I do not start with them, do not buy the uncertain future profit company, at least three years before deciding to track whether or not to invest in large numbers. And in choosing a management operation easy, Ji Geyi earn at least a year of "tough" company, I will show it some friends to see, so that they can pick holes. The most critical is, I would again go to listed companies, research, and making the best should be crystal clear and tangible Caixing.
We can say that I have some understanding of listed companies, even more than the company's management. This will help ensure that they can buy the best listed companies in China, enjoy these companies grow from small to big fun.
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