Chapter 504 Set a small goal first
"First of all, I must insist on acquiring and holding the stocks of the companies designated in the Far East, especially those designated by Japan until the end of the year. The stocks of the companies I have given in Europe will also continue to be acquired." Yang Jing just thought for a moment and spoke out some of the main plans for the past two years.
What are the big profits earned through speculation? Naturally, you can’t lie on your bank account and wait for depreciation. They are the Dragon Fund, and there is a serious KY investment fund under their name. Moreover, speculation is not available every year, so daily investment is the best choice.
Just as Yang Jing selected stocks of twenty-seven companies in the United States, Yang Jing also selected stocks of many companies to be invested in Japan and Europe.
There is no need to say much about some potential stocks in Europe that have not yet grown up. They all need to invest in the angel round directly, which is much more stable than buying stocks directly from the stock market. For example, Nokia, which has not yet appeared, is a communications giant that once occupied the number one in the global communications industry for many years. Now that it has not even revealed a small corner, it is the most suitable for angel round investment.
Of course, there are many well-known old-fashioned companies in Europe, such as Siemens, Total, British BP, German Volkswagen, and Mercedes-Benz. These old-fashioned giants have no worse influence in Europe and the United States than those in the United States. It is still very necessary to acquire the stocks of these companies and become the most important shareholders.
There are also some small lotus companies that have only shown their sharp edges, but they will inevitably become giants in the future and also require investment. Companies such as AXA, France and Vodafone in the UK that were reorganized or newly established in the early and mid-1980s are the best time to start.
Therefore, even if most of the profits from the stock market have been returned to the account of the Dragon Fund, these funds will still be reinvested very quickly.
As for Japanese companies, let alone.
From 1987 to the end of 1989, the most worthy company in the world was not in the United States, but in Japan!
After World War II, Japan took decades to grow rapidly into the world's second largest economic power. Especially in the 1980s, Japan's economy developed rapidly.
In this era, Japan's economy showed two extreme performances. In 1986, Japan's economic trend was stable, driven by industries such as automobiles, electronics, and integrated circuits, and its strength gradually increased. By the end of the 1980s, Japan's automobiles had dominated the world. Japan's industries were blooming everywhere in Western Europe and Latin America, and almost all countries were forced to fall under Japan's strong economic strength.
Japan's unusual economic prosperity that began in December 1986 is called the "Heisei prosperity".
During this prosperity, Japan's per capita GNP at that time exceeded that of the United States, Germany, France and the United Kingdom. Japan's GNP accounted for the world's share from 6.4% in 1970 to 13.7% in 1990, and its foreign pure assets reached US$383 billion in 1991, ranking first in the world.
With the support of "economic prosperity", from 1986 to 1987, the Japanese stock market almost rose unilaterally, and the Nikkei index rose from 13,113 points in December 1985 to 26,000 points in September 1987, up nearly 1 times.
Even with the just-exploding global stock market crash, although Japan's stock market suffered a heavy blow, Japan not only failed to learn from the collapse of the US stock market, but instead recovered immediately. By the end of 1988, the Nikkei Index actually broke through 30,000 points. On December 19, 1989, the Nikkei Index hit a new high, reaching 38,915 points, up more than three times from the lowest point in 1985. The market value of Japanese stocks was as high as 630 trillion yen, 1.6 times the GNP that year.
Although this economic prosperity is beautiful on the surface, it hides a huge bubble.
But before this beautiful bubble burst, everything in Japan is beautiful!
Yang Jing remembered some economic data about Japan during this period, for example, in such a beautiful bubble, Japan's economy reached its peak in 1990.
In this year, the total market value of all Japan's property was about US$20 trillion, equivalent to 20% of the world's total wealth. According to the land price at that time, if Tokyo was sold, the entire United States could be bought.
But compared with the stock market, this is only a small matter. During this period, Japan's stock price rose 100 times. In December 1989, the total market value of Japan's stock was US$4 trillion, close to 45% of the total capital market value of the global communications giant NTT. The stock market value of Japan's communications giant NTT exceeded the total market value of the five companies, AT&T, IBM, Exxon, General Electric and General Motors. The stock market value of Japan's largest brokerage firm Nomura Securities is higher than the total market value of all US brokers!
In addition, the stocks of large consortiums such as Mitsubishi, Mitsui, Sumitomo, and Toyota are also extremely high. For several years, companies from Japan dominated the top three in the world's top 500!
The stocks of these Japanese companies have risen wildly in recent years, so why not buy them?
Even if the stocks of these companies were severely set in the Japanese stock market crash at the end of 1989, it is now a period of rapid growth. If you buy the stocks of these companies, you can make a lot of money by selling them two years later before the Japanese stock market crash comes.
With no big black swan market in the global financial market at present, speculation is obviously unlikely, but making legitimate investments, especially investing in the Japanese stock market, is definitely a sure profit without losing money!
It is said that money is not omnipotent, but it is absolutely impossible to have no money.
In a modern social environment, no dream can be realized without money.
Thirty years later, Wang Wanda also has a famous saying, "Set a small goal first, and I will earn 100 million first." In fact, this is what it means.
It’s like Yang Jing’s current small goal is to enrich the collection of his own private museum. But it is not an easy task to enrich the collection of a museum.
Yang Jing's grandfather and even the old man were not robbers, and they did not have the ability to rob in Western countries. In the era when they lived, they were the robbed masters.
How can our museum collection be enriched if our ancestors have no ability? There is no way, except for the world looking for treasures, the rest can only be bought with money little by little!
If it weren't for this "small goal", Yang Jing wouldn't have established the Dragon Fund decades ago, nor would he have tried his best to speculate in the famous black swan market in history.
With money, you can buy anything!
It’s like Mike Aller, who has been responsible for purchasing various Western art for Yang Jing for seven or eight years, threw more than one billion dollars in total. But the paintings of famous Western painters such as Picasso, Van Gogh, Monet, Cézanne, Dali, Dürer, Rubens, Rembrandt, etc., are hundreds of paintings.
If these paintings were placed thirty years later, one of the fine works might be worth hundreds of millions of dollars, but now, the prices are very cheap.
Similarly, if you don’t have money, can you buy these works at such a cheap price?
Therefore, in this golden age, striving to make money is the king.
After seeing Yang Jing say something, he fell into deep thought. After not speaking for a long time, Cesar carefully touched Yang Jing's arm and asked in a low voice: "BOSS, is there anything else?"
Yang Jing woke up from his thoughts, shook his head slightly, and said with an embarrassed smile: "Of course, our goals in the past two years are more than these..."
Chapter completed!