Chapter 669 Professional households accompanying the run(1/2)
The summit is extremely private, and almost never publishes any information to the public, never accepts media interviews, and the guest list becomes a confidential document.
Only after the summit is over, the official will release some information.
This year's Sun Valley Summit has attracted great attention from the American media, mainly because the stock god Buffett delivered a speech at the meeting, expressing his concerns about the Internet industry.
"Praisers push the market and let IT stocks reach crazy highs. This is a good thing for new models, promotions, and publicity of new industries, because new industries are easy to sell.
It is very difficult to sell existing products. In contrast, it is much easier to sell products that no one knows about, even for loss-making products, because there is no quantitative requirement.
There is no new model at all, and the final price of the stock market only reflects the economic output——”
With the widespread dissemination of the media, Buffett's speech spread internationally, reflecting his pessimistic attitude towards the Internet industry. The host Luo Xiaofang, the host of the CCTV Economic Department, quoted Buffett's remarks, adding a bit of authority to Tao Yushu's conversations and fully reflecting the professional skills of an excellent host.
Then she asked Jerry Yang about his opinion. Now the Internet bubble in the US stock market is fermenting. The market value of Yahoo created by Jerry Yang has exceeded US$8.5 billion, which has also helped his net worth reach US$4 billion.
He is a vested stakeholder of the Internet bubble, with a high expression and spirit, and his words are full of optimism about the future development of the Internet industry.
His views with Tao Yushu are in opposition, but this is exactly the highlight of the forum dialogue.
Tao Yumo sat down in the audience, listening to the tit-for-tat view on the stage, and couldn't help but think of Tai Warner he met in the morning.
The essence of the stock market is to pass the flowers through the drums. Now anyone with discerning eyes knows that there is a bubble in this industry, but when will the bubble burst be a question.
She believed that as long as the Internet bubble was punctured, Ty Warner would be bouncing for a few days.
By that time, Bubble Universe will usher in huge development in the US market.
The annual Wealth Conference lasts for three days and has become a grand event in the media industry at home and abroad.
In the domestic aspect alone, the total number of publications by authoritative media such as People's Daily, Economic Daily, China Youth Daily, Xinhua Daily, Wenhui Daily, and Jiefang Daily reached an astonishing 214 articles.
Media such as the New York Times, Wall Street Journal, Tax, and Mirror have also conducted comprehensive reports on this "wealth event".
This unprecedented wealth annual meeting brought huge international attention to China and Shanghai in 1999. After the meeting, Shanghai soon ushered in a bigger investment boom.
Of course, this is all a story.
Tao Yushu's remarks at the Wealth Annual Conference have also formed a considerable influence in the Internet industry through reports from many domestic and foreign media.
Together with the "Buffett's Sun Valley Speech", many investors and media in China Street regard it as supporters of the "Internet Bubble Theory".
The market has been responding very quickly. Some time ago, due to Tao Yushu's share price, the Asia Pacific News Network, went into a V-shaped figure. It has just climbed up recently and is hitting $40.
After Tao Yushu's remarks had an impact, the stock price of Asia Pacific News fell by 16% within three days.
Many Silicon Valley investors were gloating Tao Yushu shot himself in the foot. Unexpectedly, after three consecutive days of decline, the stock price of Asia Pacific News quickly rose back.
And it also launched a more fierce attack on US$40, and its market value is about to reach US$7 billion.
Looking at this situation, those who are gloating are mixed with feelings.
They were happy that Tao Yushu's crazy remarks were subject to market sanctions, and they were worried that the stock price performance of Asia Pacific News seemed to confirm Tao Yushu's views to a certain extent.
Tao Yushu did not wait for the end of the annual meeting of Wealth, and returned to Yanjing the next day, preparing to participate in the 50th National Day military parade.
She returned home on the evening of the 28th and saw Lin Chaoyang talking on the phone with someone when she entered the room. After waiting quietly for a while, Lin Chaoyang hung up the phone.
After listening to the content of Lin Chaoyang's call, she knew that the call was Luan Walter, editor of Random House. The content of the call was naturally about the upcoming 1999 Nobel Prize in Literature.
At this time of year, Lin Chaoyang always becomes an indispensable figure in the reports of many media discussing the Nobel Prize in Literature.
Not only Lin Chaoyang himself, but also his family and friends are used to this kind of annual attention and discussion.
In addition to joining in the fun, the publishing house is also a stakeholder.
The publishers that bet on the bet don’t mention them, and the publishers that hopefully win the award work are even more eager to know the award results than the writers themselves.
So at this time of year, Lin Chaoyang always receives calls from several overseas publishing houses that cooperate with him, revealing all kinds of plausible news to him.
"What do you say about Lu An?" Tao Yushu asked.
"I have a great hope of winning the award this year, based on the spinach odds--" Lin Chaoyang looked speechless.
"The source of Random House is becoming less and less reliable."
"It's not that it's unreliable, it's not that I'm not paying attention-"
Alberto Veretta was laid off two years ago.
In the past, the literary editors of Random House always complained that Alberto Veretta, who was born in the banking industry, was a money skeleton. He changed to a new helm and performed worse than when Alberto Veretta was in power.
In the past two years, Random House has paid less and less attention to the field of pure literature publishing, and of course there are objective factors in this.
Most pure literary works have low sales, and occasionally popular works are very limited. They publish dozens of pure literary works a year, and by the end of the year, they may have to pay a lot of money.
In contrast, those popular celebrity biographies, food recipes, and travel records often sell million copies.
Compared with the two, who is willing to take the risk and work hard in the field of pure literature?
"I have answered several calls in the past two days, and Seychelles, Germany, is the most reliable.
He said he had contact with several judges, and this year's award is likely to be given to Günter Glass. The old man is over seventy years old and can't stand it for a few years."
When Tao Yushu heard this, dissatisfaction flashed in her eyes. Of course, she was not dissatisfied with Lin Chaoyang, but the Nobel Prize.
Lin Chaoyang's works are well-selling at home and abroad, and have great influence in many European and American countries. The publishers they cooperate with are also well-known publishers such as Random Bookstore and Galima.
These publishing houses have been operating in the literary world for decades, promoting many author awards, and have a very well-informed channel of information.
Although the list of nominations for the Nobel Prize for Literature will take fifty years to be announced, according to the information reported by various publishers over the years, Lin Chaoyang must have been nominated more than once.
Unfortunately, I have never won awards over the years. On the contrary, those writers whose works are not as famous as Lin Chaoyang's evaluations are, because they are from Europe and are older, and they all have won awards one by one.
"If you continue like this, the Nobel Prize will simply send one to an old writer over 60 years old!" Tao Yushu's tone was full of resentment.
"It's just an award, but it won't have any effect." Lin Chaoyang said frankly.
He is not trying to be arrogant, but he just understands that no matter how famous the Nobel Prize in Literature is, it has its own limitations. It is not embarrassing to lose with others at home.
"Why didn't it affect? Now you are all in fun. When this time comes every year, you are picked up by those media. Yanjing Youth Daily has given you a nickname."
"What nickname, why don't I know?"
"Professional escorts."
Lin Chaoyang couldn't help but smile bitterly, "I thought it was nothing, but it seemed a bit sad when you said this."
"That's not true. To put it bluntly, the judges of the Swedish Academy of Literature read less—
The couple had a moment of being in the Swedish Academy of Literature, and Tao Yushu felt relieved.
In the early morning of October 1, 1999, it was still raining in the sky, and tens of thousands of officers and soldiers entered the city in the rain.
At 5 a.m., the wind and rain stopped, and more than 500,000 people in the capital gathered on both sides of Chang'an Street.
After the rain, Yanjing was clear and the sky was clear, and the sky was clear. The autumn rain seemed to have done free cleaning for the upcoming military parade.
There are flowers and flowers in Tiananmen Square, red flags are waving, colorful flags are standing in the air, and the crowd is full of people.
Nearly 10 o'clock, Lin Chaoyang and his family followed the leaders to the Tiananmen Gate Tower.
Tao Yumo stood on the Tiananmen Gate Tower and looked at the clearer and clearer sky, exclaiming: "It's so amazing, the military parade will be clear!"
Amid the 50-biting salutes that herald the 50th anniversary of the founding of the Republic, the national flag guard marched from the front of the People's Heroes to the flagpole at the northern end of the square.
The majestic national anthem was played, and the audience stood solemnly and sang the national anthem. Looking at the rising five-star red flag, everyone's eyes were filled with piety.
After the flag-raising ceremony, a black convertible red flag sedan drove out of Tiananmen Gate and across Jinshui Bridge.
The military band's military parade song towards the generals, a group of majestic platoons passed by Tiananmen Gate, majestic and vigorous.
"Thank you for your hard work, comrades!"
"Serve the people!"
Above the Tiananmen Square, there were loud sounds gathered, and the bright echoes resounded throughout the ten-mile long street.
Lin Chaoyang stood on the Tiananmen Gate Tower, and couldn't help but feel excited about the voice.
Tao Yushu was even more excited than him. She held Lin Chaoyang's hand tightly and followed the weapons array passing through the square in the square with her eyes.
The sound in my ears seemed to travel through time and space, from the city of Nanchang to the Long March, from the Anti-Japanese War to the liberation of China, the ancient China dragged its weak screen, and its pathological body and footsteps gradually reached today, ushering in its new life.
When the flight echelon in the air was carrying a huge roar, like thunder, like a tsunami, and the rumbling of chariots running on the ground, the people used cheers and applause to replace the passion and excitement in their hearts.
At the end of the military parade, more than 10,000 colorful balloons and 50,000 doves of peace flew high into the sky.
Walking down the city tower, Tao Yushu recalled the military parade just now and sighed: "I don't know if we can live to the 100th anniversary of the military parade."
Lin Chaoyang joked: "It's not a big problem to take care of more health."
The couple looked at each other and smiled.
After the lively National Day parade, Lin Chaoyang received a call from Li Xiaolin from Shanghai.
Listening to Mr. Ba Jin's appreciation for his new book conveyed by Li Xiaolin, Lin Chaoyang was grateful and honored. Later, the two talked about the publication and remuneration of the novel.
"Harvest" is a bimonthly magazine and is published on the 15th of a single month.
According to the normal process, the first volume of Lin Chaoyang's new book can be published in the issue of the magazine on November 15.
But there are two problems here. The first is that Lin Chaoyang's new book has more content in each volume, and the content of more than 400,000 words is far beyond the regular page of "Harvest".
Second, Lin Chaoyang's new book has six volumes. If it is published in the official publication, it will also be a heavy pressure for "Harvest".
To be continued...