"well said!"

Buffett praises Gates!

"Thanks!"

Gates has obviously known Buffett for a long time.

After the two of them had a tacit understanding, they both showed strong interest in Ye Feng, another oriental young man present.

Looking at him with a smile.

After all, Ye Feng's question just now was quite strange.

"Mr. Buffett, the speech you just gave on stage was really great!"

Ye Feng sincerely praised: "It is very rare to be able to stay sober when the Internet technology stock bubble is flooding!"

"Ha! I also want to thank you for taking the lead in applauding from the audience, so that the speech did not end in silence."

Buffett was polite and said jokingly: "There is also a richest man in Internet technology stocks here. Is it going too far to say this?"

"Oh, no no no~ I think you are right! Internet technology stocks do have a big bubble. But I firmly believe that Microsoft must be one of the greatest companies. Let's wait and see!"

Gates heard about him and quickly expressed his position.

"There is an old saying in China: When everyone in the world is drunk, I am alone awake!"

Ye Feng read it out in Chinese, then explained the meaning and said: "This is a famous sentence by Qu Yuan, a Chinese poet 2,000 years ago."

"Oh, China's cultural heritage is so profound! The poets from 2000 years ago! Great!"

Buffett and Gates were moved when they heard this.

"So, young man, do you agree with me that Internet technology stocks have entered a bubble stage?" Buffett asked.

"Yes and no!"

Ye Feng smiled and said: "Internet technology stocks have indeed entered the bubble stage, but all investors have been trapped in the bubble and cannot extricate themselves! I think the bubble back then will continue to inflate until one day..."

"boom!"

Ye Feng made a big circle with his hands!

"It will be destroyed!"

Buffett and Gates looked at each other after hearing this.

"That's terrible! The bigger the bubble, the more severe the losses!"

But Buffett and Gates are just businessmen. Judging from the results of today's speech, the only ones staying awake are the three people in front of them.

Others either can't see it or pretend not to see it.

Everyone thinks they can escape before the bubble bursts.

When a bubble comes, it is the best time to make money.

Ye Feng had a great conversation with Buffett and Gates, talking about his own journey to start a business in the United States.

"Do you know? Now the price of trading one stock is one-eighth of a dollar. As long as there is a price difference, minus the handling fee, we can all make money..."

"I think this loophole is very big and will be plugged!" Buffett said prospectively.

Kerr heard it from behind and couldn't help but worry about his brother, Franklin Young, who took over.

A pretty face was full of worry.

Ye Feng seemed to feel something. He took her hand and whispered to her, "Don't worry, Brown Bank took over. Your brother has already made a lot of money and won't lose anything."

After all, Buffett and Gates are world celebrities. The three chatted for a short while and attracted the attention of a large number of members.

Surprised looks kept coming from people in the distance.

If it weren't for the fact that there is no media here.

It had already been surrounded by people.

That's it,

The three people were still recorded by the organizer's camera.

A precious photo was left behind.

Ye Feng was talking about something in the middle, and Buffett and Gates looked like they were listening!

…

Actually.

The Nasdaq index began a rapid rise in 1998. By the beginning of 1999, it had risen from 1,300 points to 2,600 points.

It doubled in more than a year.

There are many stocks that have doubled several times.

Then the bearish voices began to appear. The index fluctuated sideways at the opening, and the overall trend was slightly upward.

This is also the reason why Mason and others are bearish, but they are defeated by reality.

August 1999.

The Nasdaq fell below 2,500 points for the last time.

This triggered a new round of bearishness.

Mason's "Xinyao Investment" and other investment funds all implement bearish strategies and believe that an adjustment is imminent.

Only Ye Feng's special funds were absorbed against the trend.

Must buy on dips.

August 9th.

Monday.

Ye Feng and his party came to the trading hall of "Xinyao Investment" again.

Today is a day of decline, and the market is all red. (U.S. stocks are red when they fall, and green when they rise)

At a glance, there are countless stocks with -2% and -3%.

I have been involved in investing for so long.

Liuqin is already very familiar.

She just read the investment statement yesterday.

Worriedly, he said to Ye Feng: "Mr. Ye, nearly 100 million yuan has been received in financing. Now we have opened a stock position of nearly 80 million yuan. The floating loss on the book is close to 6 million US dollars. It has only been two weeks! Is it necessary?

Hold off on buying?”

"No need! Buy stocks as planned. The more they fall, the more opportunities you have to buy!"

Ye Feng remained calm and motionless.

At this time.

Mason received the news and rushed to meet Ye Feng, a big customer.

He was still wearing a straight black dress, and his eyes were intelligent and penetrating.

"Dear wind, you are here!"

After some polite remarks, he proudly began to show off:

"Four of our ten special funds are involved in the Nasdaq stock market. In the past two weeks, we have implemented a bearish market strategy and have made a profit of 10%. The income task for this half year has been completed ahead of schedule."

"Haha~ Congratulations!"

"Dear Feng, your special investment is the only one that has lost money among the ten funds of our Xinyao Investment. Do you think it should be carried out according to the strategy of our professionals?"

Ye Feng chuckled and said: "No need, let's proceed according to my plan. Moreover, we must increase our buying efforts."

"Okay, as you wish!"

Mason cursed secretly.

During the Sun Valley Summit, Buffett's speech has been circulated.

Only a shrewd veteran like him can understand the true meaning of Buffett's speech.

"At this time, short selling is the best choice! But this Ye Feng is too stubborn!"

According to Ye Feng’s plan, US$200 million will be raised.

By the end, there will be nearly $300 million in stocks and a handful of long index options.

"It's so adventurous! So crazy!"

However, he could only obey the agreement until Ye Feng lost all his money.

At present, he has only completed less than one-third of the position opening.

"Guys, come on~"
To be continued...