The rise of heroes begins with Hong Kong movies

Just a few days before the plunge, Buffett had just invested heavily in a company called Salomon, and the stock price had a good momentum. As a result, Black Monday came and Salomon's stock price plummeted.

On this day alone, a loss of 75 million US dollars was incurred!

The losses go far beyond that.

Except for Salomon, this is the case for all the other companies Berkshire invests in. Even his own basic stock price of Berkshire surged 25% in one week!

In just one week, one-fifth of Buffett's wealth evaporated, with a loss of more than 800 million US dollars!

How did he do it?

When the stock market crash broke out, Buffett did nothing. He did not sell stocks in a panic, nor did he ask around for information like other investors, but continued to do his own research.

A few days later, he did something.

He walked into the office of Goldberg, the director in charge of the insurance business, calmly told him what Berkshire should do, and then calmly returned to his office.

What should Berkshire do?

Coca Cola!

In the year when the stock market crash broke out, Buffett low-key targeted Coca-Cola.

After conducting a detailed investigation, he decided to allocate one-third of Berkshire's funds, take advantage of the stock market crash to enter the market at the bottom, heavily position Coca-Cola, and then wait quietly for the stock market crash to pass.

Two days later, the Buffett Group's shareholder meeting was held as scheduled in Williamsburg, Virginia, and many reporters were invited to attend.

One of the reporters asked Buffett what he thought of the stock market crash.

Buffett remained calm and simply said:"Maybe it has risen too high."

Apart from that, there was nothing else.

Soros and Buffett, speculative investment and value investment, these two completely different investment philosophies were fully demonstrated in this global stock market crash.

The leaders of these two major investment concepts have also fully demonstrated their respective characteristics.

A capable and decisive man who survives with a broken arm.

I am surrounded by thousands of enemy troops, but I remain unmoved!

When the stock market crash passed and the market recovered, Buffett received generous returns.

Soros is not bad either.

It was because he was able and decisive and cashed out in time that he had the start-up capital. He was able to later find the opportunity to short the US dollar and make back all the money he lost in the stock market crash.

This stock market crash caused Quantum Fund to lose a full 26% of its assets, but throughout 1987, Quantum Fund's profit still reached 14%!

This is what makes Soros a legendary investor!

……

…….This disaster swept across the world at the fastest speed.

The performance of major financial markets is as follows:.Britain: The index plummeted 183.70 points.10.8%, setting a record for the British stock market's largest decline!

Sangguo: The Tokyo Nikkei fell by 620 points on the 19th and 3,800 points on the 20th, with a cumulative decline of 16.90%!

France: plunged 9.7%!

Netherlands: plunged 11.8%

Belgium: plunged 10.5%!

All financial markets in the world were affected, and all fell sharply. No one was spared, not even the country of Sang.

Of course, Sang Guo is an exception.

Because the investment market of San Diego recovered the fastest, the financial markets of other countries did not recover until the middle of 1988. San Diego only took two months to settle the situation, with a single-day increase of 9.6%.

It didn't take long for all the points that plummeted during the stock market crash to recover.

Several important financial markets in the world, the lighthouse country, Britain...Have you forgotten anything?

Indeed I forgot.

And -

Hong Kong Island!

……

……

Due to the time difference, time has moved back 13 hours from the opening of the Newyork stock market. It is Monday, October 19, 1987 in Hong Kong Island! sunny!

The sunshine is very good, the scenery is very good, and the temperature is also very suitable. Newyork stocks have not opened, and naturally they have not exploded.

AM, 9:50!

The Hong Kong Stock Exchange was crowded with people.

There are stock traders wearing red vests, investment giants like Chen Wanxian, elites like Chen Taotao who have returned from Wall Street, and countless ordinary investors.

One of them is named Ma Guowei. He is just a senior white-collar worker with a monthly salary of 8,000 yuan.

Compared with lower-level workers, his salary is already very, very high.

He was quite satisfied at first, but when he came into contact with the stock market, he invested 20,000 yuan for the first time and within a month, he easily earned back 8,000 yuan.

Such a terrifying rate of return completely confused him.

From then on, it was out of control.

Later, as my investment increased and I earned more and more, my ambition and greed also increased. I even mortgaged my house to the bank and borrowed money at usurious rates.

After messing around, the money he invested in the stock market has reached 220!

He was the one who cursed Fok Wenyao in a bar in Central.

It was because of listening to Huo Wenyao's nonsense that he liquidated half of his positions. Unexpectedly, one month later, all the stocks he sold had risen sharply, causing him to indirectly lose 500,000!..............0

Otherwise, the stocks he currently has on his books are all worth 3.2 million. How could he only have a mere 2.7 million?

Among the ordinary people in Hong Kong and Olympics, only one in 10,000 people actually listened to Huo Wenyao's reminder.

The vast majority of investors don’t believe it.

Among these people, there are many like Ma Guowei who risk their fortunes and lives in the hope of relying on the stock market to get rich and achieve financial freedom, and then find more.

Ma Guowei is just one of them.

As for Chen Wanxian and Chen Taotao, they are not just for money, they are even more grudges!

A few days ago, the feud between father and son had begun.

Chen Taotao returned to Hong Kong this time because his mother was suffering from cancer and did not have much time left. His last wish was to see his man.

He then came back to find Chen Wanxian, hoping that Chen Wanxian could go to the hospital with him and fulfill his mother's wish.

But I didn't expect that Chen Wanxian was so hard-hearted. Not only did he disown his illegitimate son because he was worried that the impact would be too bad, but he also didn't want to have any more entanglements with the woman who gave birth to his son.

A few days ago, Chen Taotao's mother passed away, and he also began to officially attack Chen Wanxian.

No matter what Chen Wanxian wants to do, he must confront him, and even take many shares of Chen Wanxian's company, forcing him into a desperate situation.

Today's battle is about to begin!

But the two of them never imagined that neither of them would win in this father-son game, let alone Bu, the protagonist today. _To read the underlined version of the novel, please download the Feilu Novel APP!

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