Chapter 146 of the Rebirth of Financial Giant Text Volume [You are all in a small situation] Lin Qiang, Wang Yue and other participants present basically listened more and said less, but they did not give up thinking.

Lu Ming is indeed not just talking about it, but indeed the integration of knowledge and action. The top six heavy holdings of Tiansheng Value Growth Mixed Stocks of "Haitian An's Maowulu" are almost unshakable, among which "Tiansheng Holdings".

At the beginning of the year, the position was reduced just to avoid market risks. After the risk was released, the position was filled and the position was full.

"What is the current investment environment in our country? Let me tell you my personal opinion." Lu Ming stood on the stage and said slowly: "The first is undoubtedly the real estate market. The domestic people don't have many investment channels, and the stock market is deep and they dare not go, so they can only invest in the real estate market. The real estate market is very hot now, how long can it last? I can't say it."

"Is there any chance? There must be a chance. You can make money by entering the real estate market now, especially when the stock market suffered a heavy blow last year, it was no longer a good time to speculate in stocks. It is very good for real estate speculation. Some people may ask whether Tiansheng Capital should go to the real estate market. The answer is no."

"Why? Of course, there is a value depression with a greater return rate than the real estate market. The real estate market has been hot for more than ten years. Now the areas outside the third tier are very popular. However, the areas that can be invested in the real estate market in the next three to five years are nothing more than those big cities with net population inflows. In the end, there will definitely be thunderstorms everywhere. The reason is that our urbanization has entered the middle and late stages. Big or big or beautiful, and small or small or small or there is a need to exist."

Speaking of this, Lu Ming emphasized: "I don't understand these things as predicting that the domestic real estate market collapses in three to five years, and it is impossible to collapse. Our control here is not just a matter of determination."

"So when the investment opportunities in the real estate market end in the next three to five years, where can the funds go? Enter the capital market, but these rich people don't know how to invest, so they will definitely buy funds. So I predict that the prosperity of the domestic fund industry in the next three to five years will reach an unprecedented level of popularity, exceeding any previous period of history, just like the Americans in the 1980s."

"In the future, as long as the housing market turns, funds have nowhere to go except to the capital market, financial management is impossible and cannot fight inflation. The inflation rate of more than ten points a year will shrink by more than half in a few years. Only by going to the capital market can you fight inflation."

Although there were about one or two hundred people in the conference hall, it was basically quiet, and only Lu Ming's voice resounded throughout the audience.

"...then it will lead to a consequence. In the future, the core assets of the domestic capital market will be premium with monetary inflation. Everyone will rush to hold core asset targets to further promote the appreciation of asset prices. To give a simple example... Mao Fu. What do you think Moutai's stock price will reach in five years?"

After Lu Ming finished speaking, he stopped speaking and looked at everyone for answers. After a short while, a voice came.

“750!”

“900!”

“1000?”

"It's not over 1,000, right?"

When everyone saw Lu Ming hearing a target price, they shook their heads and smiled: "You are all in a small situation."

As soon as these words were said, they were all very surprised. Is this a small pattern?

Lin Qiang said immediately: "Mr. Lu, how many do you see?"

Lu Ming: "Add RMB 2,500 per share!"

What?

The statement caused an uproar in the audience.

Someone immediately said: "More than 2,500 yuan? Wouldn't it have to be more than ten times more? Maofu's current market value of more than 300 billion yuan is quite exaggerated. Mr. Lu, your target price is to reach the end of the sky. Maofu is an excellent company. But five years later, you told me that its market value can reach 3 trillion yuan... It's outrageous!"

The participants present basically agreed that Lu Ming’s target price was too exaggerated.

If it weren't for his strong record, everyone wouldn't want to pay attention to him when he heard about his target price.

After a moment, Lu Ming said calmly with a faint smile: "Why do I dare to see more than 2,500 yuan? In fact, the logic is very simple. It can fight inflation. If 1 yuan of currency becomes 500 yuan, then the stock price of Maoqiu, which is more than 240 yuan, is about 500 yuan. Why? Because it can maintain its value. A bottle of Maoqiu can be buried underground, and the price will increase in thirty years. The older it is, the more valuable it is. Now take out a bottle of Maoqiu that has been decades old and will be expensive, and it will only be more expensive in the future."

As soon as these words were expressed, the participants present found that they could not find a rebuttal point for a while. Lu Ming's logical point of view was very simple, but it was very hard. Maofu could indeed fight inflation. The longer the money was, the less valuable it was, but the value of a bottle of Maofu was that the longer it was placed, the more valuable it was.

Everyone present recognized this very much. Wine is a very special industry. Other companies are most afraid of backlogs of inventory, but wine is not afraid of backlogs, because the longer it is stored, the more valuable it is, it gives famous wine unique attributes.

But everyone present still thought Lu Ming was too exaggerated, and it was not their fault. After all, they didn’t know how crazy the Americans would print money in a few years later.

Lu Ming continued: "The other core logic is economic transformation and upgrading. If I don't transform and upgrade, I will be bearish. This is the most core logic for me to be bullish. The domestic economic model will usher in a huge change, and it can be seen that its determination. Domestic GDP will ensure a growth of more than 6 per year, which is the goal set by the top. Our current GDP has more than 70 trillion yuan, and it will increase by 4 to 5 trillion yuan a year."

"What did these trillions of dollars be created in the past? Relying on the real estate market and real estate to drive hundreds of industries to take off, including the current real estate market still needs, but in the future, the real estate market will cool down, and the new economic growth point can only rely on industrial transformation and upgrading, technological innovation, and industrial upgrading drives the transformation of the economy from high-speed growth to high-quality growth. Then profits will definitely be concentrated in the leading enterprises in the industry, and enterprises will definitely be reflected in the stock market, so the equity of high-quality core assets leading enterprises is scarce."

Lu Ming said for forty or fifty minutes, and it can be summarized as one sentence: Bet on the future prosperity of this country!

When the funds are tens of millions, look at market sentiment, look at the company's own operation status, and look at the industry status and future when the funds are tens of millions, look at the industry status and future. When the funds are tens of billions or even hundreds of billions, look at the national destiny.

If the national fortune is not accurate, no matter how you choose, it will be a failure. When there is fundamental error at the core strategic level, no matter how outstanding the tactical level is, the result of failure cannot be concealed.

What can I use to manage an asset scale of hundreds of billions of dollars and make several times more profitable by investing tens of billions of dollars? A loss of 1% for assets of tens of billions of dollars is a loss of tens of billions of dollars.

What's more, the future growth goal of Tiansheng Capital created by Lu Ming is to focus on the asset management scale of trillions of dollars, and is benchmarked against BlackRock Group, which is known as the "king of Wall Street". Such a fluctuation of one percentage point is an absolute ups and downs of tens of billions or even hundreds of billions of dollars.

"Mr. Lu, what industries do you plan to take advantage of so much money?" someone asked at the meeting.

"Big consumer and big technology." Lu Ming replied concisely, adding: "These two categories are the core that I will never change, and are the eternal main line of investment. The former is a necessity for the present, and the latter is a necessity for the future."

Lu Ming also ordered some tickets casually, such as the six major asset targets that must be ordered, namely the "Six-Meridian Divine Sword", namely "Haitian An's Maowulu", and also include Hengrui Medicine, Pianzihuang, Aier Eye Hospital, Magnesium Group, etc.

I am not worried that after I speak out the many asset targets I am optimistic about in front of everyone, I will buy and hold them myself and prevent Tiansheng Capital from making profits from the intermediary price difference, saving a large amount of management fees and dividend performance commissions.

If they really agree with Lu Ming's logic and want to invest in these core assets, they will definitely hand over the money to Tiansheng Capital. For no other reason, one is enough, that is, Lu Ming will choose the timing, which allows him to make a perfect T out, not only the daily level ultra-short T, the monthly level, the quarter level and even the annual level T can be done.

The profits that can do a big T once or twice can not only hedge the management fees paid, but also make a lot of money, but also leave them to professionals to manage money, which saves you worry and effort.

No matter how optimistic the long-term trend is, the market will always fluctuate, with big rises and falling, but when the big rises and plummets depends on the real ability.

Judging from Lu Ming's past record, his risk control ability is perfect.

Last year, the risk of the historical top 5178 was avoided, and then the bottom was successfully bought at the bottom of 3373, followed by the risk of the top of 4184, and then the bottom was successfully bought at the bottom of 2850.

By the top of 3684 in December last year, Lu Ming ran away again.

The next step is the big circuit breaker in January of the new year, which directly hit 2638 points, and was killed 1,000 points in one month. Lu Ming successfully bought the bottom at 2638 points.

Maofu has risen from 195 yuan at the beginning of the year to more than 240 yuan now.

His "Six-Meridian Divine Sword" is currently trading sideways. Judging from the announced bulk trading positions, the holding cost of Tiansheng Value Growth Mixed is around 26 yuan, and the current stock price is around 29 yuan. It has not risen much, but it has not fallen sharply!

As for Tiansheng Holdings, it is actually very exaggerated. The call bidding was launched at the bottom of 3,000 yuan. The first day of the resumption of trading was pushed to 7,690 yuan. Even though it is now sideways, it has more than doubled since the resumption of trading. The current stock price does not exceed 6,000 yuan, which means that institutions that have obtained the share of fixed-increase profits are currently more than 1 times.

Lu Ming is controlling risks and profit retracement, and everyone has nothing to say except calling 666.

The institutional investors present did not have the choice of investing themselves or to give Lu Ming the money management. They only had the choice of whether to invest or not. If they decided to invest, they would definitely hand over the money to Tiansheng Management.

Or just don't get involved.

"OK, what I should say is basically over. I want to raise 230 billion in liquidity. No matter how much I can raise, I will reply today. The number I get today is the scale of the final fundraising. And after the end of this private equity operation, Tiansheng Capital will not accept new request funds in the future, and will lock the position directly after today."

Lu Ming's voice resounded in the conference hall again, and only he could face the words of this group of large institutional investors so confidently. The implication was that if you didn't get in the car today, there would be no chance.

There are not many people who are confident to say such words, but Lu Ming is definitely one of them.
Chapter completed!