Category: Money tips Release Date: 2006-10-16
Chapter XV of the control risk Lai Ruihai special â—?â—?/span>
Chik Ruihai Te interested in the financial markets, the University of age was inspired by a lesson out. However, he stepped into the road just as Wall Street ups and downs ups and downs, like Moses to go to Israel. Hite first entered society, no one could even imagine this young lad in the future will be in the financial markets Yangmingliwan.
First of all, he not very good results after graduating from college, he began work three, even though he had been engaged in various tasks, but no one can maintain long-term. Finally, he to serve as actors and writers living. He has written a script never made into a movie, but the film company vote for it as a backup script, so it became a stable source of his income.
One day, the sea to stay in the radio to hear a special recount their own investment expert Korea on how to trade crude oil through the options and fortune. That night, Hite has met the Beatles at a party thrown by the manager of Byrne Epstein (Brain Epstein). The two hit the final trigger Hite's ambition to enter the financial markets. Hite then thought: ( "This is really a small investment can create wealth guy that Beatles manager)."
Hite was there from the Epstein lyrics to secure several contracts. Which make ends meet. However, his right to enter the financial markets, the idea is increasing. Later, he accepted my interview with Jin, who self-deprecatingly said: "You have often heard that someone from Wall Street out of diverted for writers, and I was giving up screenwriter into Wall Street." In 1968, Hite has finally decided to set foot in the financial markets. Because of this area know nothing about, so he decided to start from the stock broker, a few years later, he became a full-time futures broker.
Stable growth in return on investment
After 10 years of tempering, Hite think they have learned in the market expertise is sufficient to make long-term profits, so he established the Ming Investment Management (Mint lnvestment Management Company). Hite know their trade concept must undergo rigorous scientific testing, so he invited the statistics, Dr. Peter Matthew (Poter Matthews) occupation, and a year later, employing a defense electronics company who once worked for a computer program specialist Michael * Iman (MichaeI DeIman) to their company in charge of the computer work. In Matthew and Iman with the assistance of the trade concept Hite finally received confirmation of statistics and mathematics. The Haight has also repeatedly stressed that Matilda investment management company to be a success, Lien and Iman both contributed.
Hite's investment philosophy is not to maximize return on investment, but through strict risk control, maintaining a steady rate of return on investment to grow. This is exactly the Ming Investment Management, one of the most prominent feature. According to statistics, from April 1981 to mid-1988, Middlebury Investment Management, the average annual investment return rate of 30% or more, but more compelling is that the company's annual investment rate of return is always between 13% to 60%, performance was very consistent. Middlebury Investment Management impressive performance to show the huge growth in capital under management. In April 1981, the company's capital 200 million U.S. dollars, has now grown to 800 million U.S. dollars level. Although the Ming Investment Management currently manages a substantial funding, but it does not impede on their trading. According to Hite estimates, Matilda investment management firm's ability sufficient to manage two billion U.S. dollars of the funds, simply be called a super-Futures Fund.
Wall Street in the financial operations into the blog
My interview was the World Trade Center in New York, window on the world carried out. I have been talking to the restaurant Xiazhukeling Hite until later went to Hite's office to talk about for quite a while until after the interview.
Q: When did you started on the financial markets are interested in?
A: I am a student at the university when the elective courses taught in a School of Commerce, the professor is quite a sense of humor. Let me give an example, he has served as audit work in the bank, one day, he finished off after the search, go back to the bank manager, said jokingly: "I caught you,!" The results were competing to rip the heart of the manager disease onset. Later, he conducted a second audit found that the manager is really competing embezzled 75 thousand U.S. dollars of public funds.
The professor in the classroom once introduced financial instruments such as stocks, bonds, and so on ... .... Finally he said: "Now let's talk about the most frenzied futures markets. In this market, investors can be only 5% of margin trading, even if those bonds, or borrowed." Entire class of people laughing out loud , I was the only exception. I think that using 5% of the margin line transactions, is actually a very reasonable thing.
Q: Since when you set foot in the financial markets?
A: That was a good few years. I was planning an album, one day, I am determined to be diverted under this, to pursue my real interest in financial operations dates. Although I am most interested in the futures, but because I am an awakened can not, so I decided to do since the stock market brokers.
I first went to a conservative candidate of Wall Street securities firms. I received the kind of people are stretched from the teeth out of inter-voice Connecticut guy. He told me: "We only buy blue-chip stocks for clients."
I had no knowledge of financial markets, but also not sure what blue-chip stocks. After the interview, I suddenly thought of the most expensive casino chip is blue, so I told myself: "ah 2 Now I know how the story. Is a gamble Well, so I lost just bought the" Securities Analysis Principle " a book (this book is the stock market analysts as a classic), but buy a copy of "How to knock a trader." I was there idea: in fact the investment with the odds of success related to winning or losing as long as calculated the proportion is to find a way to win in the market.
