Under Ning Weimin's secret and subtle promotion, the flash crash caused by "Black Monday" directly led to the death of Zhou Fang Yuxiong and the destruction of the Burning Department.
This incident may be just one of the few extreme cases in Japan's bubble economy.
After all, even if people who speculate in the stock market use leverage, there are very few people who gamble as big and aggressively as Zhou Fangyuxiong.
This guy borrowed the principal at all costs, and even doubled the capital through a brokerage firm.
It was his all-or-nothing play that caught up with the extreme market conditions and suddenly broke through his closing line.
In fact, as long as he can be less greedy and persist for a while longer.
He will get out of the darkest moment again, feel the power of the Japanese capital market, escape from death, and even make a lot of money.
Because after the stock market crash, Japan, as the only country that did not lower interest rates, was the first in the global capital market to recover.
Stimulated by the enthusiasm for profits around the world, it won't be long before the Japanese stock market will be as strong as it was before "Black Monday" and once again lead the world's gains.
At that time, the Nikkei Index will not only recover its lost ground, but also reach a new high, with room to nearly double its price.
One by one, Japan's speculators who have suffered a painful experience this time will probably forget this heart-wrenching pain and party all night long.
But then again, although "Black Monday" is just an accidental phenomenon in the bull market.
But we have to admit that most people who don’t know much about stocks and only speculate based on emotions, either out of greed or ignorance, will inevitably lose money in the end.
Because of the law of chasing the rise and killing the fall, they can never escape or escape. They will repeatedly jump in greed and fear, so being harvested is a foregone conclusion.
In the final analysis, winners in the stock market really do not rely on capital. In addition to a little luck and a little knowledge, they mainly rely on mentality. Only with a good mentality can you remain rational.
Once their mentality collapses, it is useless no matter how good the market is. They will always make wrong choices, and they will inevitably be hurt by the saw-tooth trend of the stock market.
Just like Supervisor Chikawa and Vice President Takada of Pierre Cardon Co., Ltd. in Japan.
Compared with Ikuo Suho, they currently suffered much less losses because they added less leverage. The principal of 500 million yen plus the financing leverage of 200 million yen only lost 290 million yen.
If they could just stay single and stop now and admit defeat, they could barely afford to pay the money together.
Then nothing worse will happen again.
But the problem is that all their funds were misappropriated from the company. They put aside their good character, morality, career and future and secretly invested in the stock market just to make money. Now they have not made any money, but they have to dig out their own family funds to make up for it.
hole.
How could they not feel distressed? How could they be willing to do so? How could they be calm?
It is inevitable to have a broken mentality, it is inevitable to blame each other, and it is normal to even curse and fight.
However, they are like a gambler who loses money. They absolutely cannot accept the fact that their investment failed, and they can only intensify their efforts until they end up in trouble.
"Ishikawa, it's all your fault. You encouraged me to misappropriate accounts receivable to buy stocks, but now it's fine! After listening to you, we suffered a huge loss!"
On November 10, 1987, in the Japanese-style restaurant called Ogiya, a small Japanese-style restaurant in Koto Ward, Tokyo, President Takada slapped the table and glared like a red-eyed rabbit.
"Don't talk nonsense! How can you blame me! This is something you and I did together!"
Supervisor Ishikawa, who was sitting opposite him, quickly moved away, not only for fear of being beaten, but also to avoid Tumo Xingzi.
"Besides, I'm just asking you to make money together out of kindness. Who knew you were so unlucky!"
"Ah? Blame my bad luck? You guy, how can you say it out loud! You are so kind! Let me ask you, has the stock gone up? Has it gone up? Huh?"
"Didn't it increase? It did increase at the beginning. I'm not wrong. To be honest, it has been extremely unlucky since you joined, causing me to lose money too! I haven't blamed you yet."
The allyship of Plastics has long since ceased. Faced with Supervisor Ishikawa's blame-shifting, President Takada angrily shouted, "Don't evade your responsibilities! Asshole! I really regret listening to your nonsense! How do you know about stocks! It turns out that NTT
How much is it? Now?”
"How can you say such a thing? After all, you can't even read financial statements. I am better than you anyway. Besides, NTT is not the one I want to choose. It is you who firmly believes that NTT will not lose money, so you insist on taking the first step."
I raised 300 million yen to buy this stock..."
"What about adding positions later? The new 200 million yen I got were always the stocks you selected, right? And you also tricked me into adding leverage, which caused the losses on these stocks to double!"
"Yes, this is my responsibility. I don't deny it, but who insisted on selling at a low point a few days ago. If you listen to me, even if you persist for one more day, you will usher in a rebound. Sell at a high point
At least you can save 60 million yen in losses. As a result, you went crazy to cover your position at the high point. I couldn't stop you, which resulted in such a huge loss. Don't you have any responsibility? Don't talk about yourself
So innocent."
"Then you are also the main responsibility. I don't care, you have to give me an explanation anyway! Otherwise I will kill you..."
"No, no, no!"
The two sides just complained about each other, although Ishikawa was very eloquent and had the upper hand in verbal attacks.
But Takada couldn't stand it and became even more arrogant and excited.
Seeing that President Takada was not in the right mental state and worried that he would really take action, Supervisor Ishikawa was so frightened that he came over to coax him again, "Okay, okay, it's my fault. I should bear most of the responsibility. It's up to the head office."
!Don’t let our friendship end.”
"Friendship? What kind of friendship is there! Do you think I will still treat you as a friend? You are my enemy now! I wish I could bite you to death and eat your flesh alive!" Takada did not give him any face.
"Okay, okay! I understand how you feel, but you have to calm down and listen to me. When we encounter difficulties, we should unite and deal with them together. You don't want others to find out, so let's finish together."
"You guy, do you still want to confuse people's hearts? Bastard, if you want to die, I will help you!"
Based on President Takada's understanding of Supervisor Ishikawa, he has already suffered losses twice, so he naturally knows what his colleague is planning to do.
This time he finally couldn't help but pounced on him, grabbed him by the neck, and stared viciously at the face that made him sick.
"I'm telling you, don't make any more evil ideas! I will never listen to you again! I know what you are going to say? You still want me to get money to cover my position? No, you guy! This time I
I won’t do it anymore! If it were you who would do it, you’d get me 200 million!”
"No, no, you have to calm down."
After failing to escape this time, Ishikawa finally panicked. While struggling, he said, "Where can I get the money? You...you...let me go first, and we will discuss it slowly!"
"There is no need to discuss it. If you don't agree, I will kill you, you beast! It's all over anyway. The annual settlement will be done in March. What will we do then? I'm going to surrender and kneel down to apologize to the president.
, confess everything. Let’s go to prison together.”
"What's the matter? I... Of course I know that you feel uncomfortable. You have lost so much and are under a lot of pressure, but... you have to believe that there are no stocks that only fall but don't rise. Take a good look at those stocks.
Which one doesn't go up and down? As long as we have money to compensate, we can make back our original investment without these stocks rising too much. There are still four months left, I'm not in a hurry, why are you in a hurry?
!”
This was the first time Takada took action and spoke to Ishikawa in such a strong manner.
Perhaps knowing that the man in front of him was on the verge of explosion, Ishikawa's attitude was not angry, but softer.
"What you say is nice, but your words are not fulfilled every time. I don't believe what you say now! I don't believe you anymore!"
It seemed that Takada was determined to continue to exert extreme pressure, and he was taking advantage of Ishikawa's disease to kill him. Especially his scary demeanor was really abnormal, and Ishikawa couldn't help but worry about him taking further drastic actions.
"You're crazy. Takada, what's the benefit to me if I cheat you? Okay, okay, I'll be the one to get the money this time. You'll be satisfied with that!"
Ishikawa was really anxious. He was afraid that Takada would go crazy and take him to be buried with him immediately. He was no match for him physically, he was seven or eight years older than him, and he also had cardiovascular disease.
The forty-year-old Takada looked a bit tough, so it was not impossible to strangle him to death. He didn't want to be unjustly killed.
So he compromised and kept asking.
"Let me go quickly. You see, your goal has been achieved long ago, and I have promised you. Why are you still holding on to me and not letting me go?"
"Don't treat me like a fool! You can get away with just a few words! Since you agreed, tell me carefully how you plan to get the money!" Song Ya cursed and asked.
"I... I used the company's stock account to mortgage the financing head office, right? I will discuss with the securities company to transfer the money raised to our account to help us make profits. As long as they can make money, they will not object. The company's stock account
There are one billion yen. If you think about it, we still have money, enough to support our return. Believe me, we still have sufficient financial support, and we are far from desperate. But, you must have confidence first...
…”
These words finally convinced Takada, and the next day, Japan's stock market really began to pick up.
In this way, he soon regained the lost confidence from the gradually rising stock price.
The relationship between him and Supervisor Ishikawa also improved as a result. Gradually, as they gradually increased their positions, they became brothers again.
However, they have never thought that inverted pyramid investing like theirs, which involves buying more and more stocks as the market gets better, is actually a taboo for stock trading.
Especially when they find ways to double their bets to cover their losses when they lose, they are no different from gamblers who refuse to get off the table once they are on the table.
Yes, it is true that there are no stocks that only fall but never rise.
But even if they win this hand, what about the next one?
They will only fight harder and harder, and will not listen to anyone else's words.
And it's meaningless even if they win thousands of times.
Because as long as they lose their pants once, they will never get up again.
As for the two bosses of Japan's pilcaton Co., Ltd., neither Hidehiro Hasegawa nor pilcaton in France, they know that their common enterprise is like a big tree, which is about to be riddled by two moths.
Hundreds of holes.
The company that originally had stable revenue and expenditure is now in jeopardy...
Coincidentally, among the people Ning Weimin knew, in addition to Ishikawa and Takada, the one who suffered an economic blow due to the stock market crash this time was Yujiro Sakai.
He didn't lose much money, and it certainly wasn't as taxing as Ishikawa and Takada.
He entered the market with 500,000 yen, and now he has more than 300,000 yen left, and the principal loss is only less than 200,000 yen.
But the problem is that there are problems with his funding sources.
Like Ishikawa and Takada, he entered the market with credit funds, borrowing money from Takefuji.
Since he has to pay a lot of short-term interest every month, he is under great pressure in repayment.
Moreover, he, Ishikawa and Takada are the same, they are not willing to lose their money in vain.
He firmly believed that he had lost money by trading stocks, but of course he could still make it back by trading stocks.
This mode of thinking means that he already has the basic elements of a gambler - he still wants to get back what he lost.
So on November 10th, after lingering for a long time in front of the branch of another small loan company, Yujiro Sakai, who was under pressure to repay the loan, put out the third cigarette butt he had smoked and finally decided to demolish the store.
The wall was patched up to the west wall, the door opened and went in.
This loan company is located on the road that Yujiro Sakai must pass when he gets off work in the morning and evening and goes to and from the station.
Although it is not as famous as Takefuji, it has numerous chain stores and can also do large-scale advertisements on TV and on the streets.
But their salesmen also often hand out matches and tissues with advertisements for loan products sandwiched around stations.
In fact, the day before, Yujiro Sakai called the phone number printed on the matchbox because the repayment date for the 500,000 yen he borrowed from Takefuji was imminent, and secretly inquired how he could get the loan, what procedures were required, and how much interest would be charged.
On the phone, the other party said that all you need to do is bring your medical insurance card. The interest rate is a little higher than that of Takefuji.
For this reason, Zuokai Yujiro made a special trip during his lunch break.
When he plucked up the courage to walk in, he took the initiative to show them his insurance card and said he needed a loan of 500,000 yen.
Unexpectedly, after only waiting for a while, the person from the loan company gave him this reply with a smile on his face.
"Is 500,000 yen enough? There are many people in need of money now. We are aware of your situation. If you are willing, we can prepare 700,000 yen to 1 million yen for you. What do you think?
Sample?"
Looking at the smile on the other party's face, Zuo Hai Yujiro felt a little scared, but it seemed as if another stone had fallen to the ground, and he was in a very good mood.
It's complicated.
He had obviously borrowed money once before, but he stuttered again just like last time in Takefuji.
"Fifty thousand should be enough. Just...now...can...can you...give...the money to me?"
"No problem, as long as you bring your name stamp, I can give you the money now. But I still suggest that you get a little more money, just in case it's not enough. Wouldn't it be more convenient if you have more money?"
At this time, the female receptionist on the other side gently brought a wet towel and coffee to Yujiro Sakai.
The person from the loan company continued to persuade, "You need to keep it a secret from your family, right? No problem, we guarantee the privacy of our customers. So you can take the one million yen today. If you think you don't need it, just take the money over.
Just pay it back. Tomorrow, the day after tomorrow, next week, anytime. As long as you pay the interest regularly, you can pay it back.
The money can be repaid completely at your own pace."
The other party's reply made Yujiro Sakai a little overwhelmed, and he responded almost mechanically.
As a result, a full one million yen in cash was placed in front of him, and various documents were issued in the blink of an eye.
A large amount of unexpected funds caused Yujiro Sakai's credit debt to reach 1.5 million yen in an instant. This was no longer a problem that he could solve with the salary he would receive in half a month plus a half-year bonus.
But he didn't seem to realize this.
At this time, there was only one thought in his mind - it shouldn't matter if he borrowed more, right?
Everyone is clamoring to cover their positions. If the market improves, it will be much easier to make up for losses.
If you're lucky enough and the stock price rises a little by the end of the year, these debts may be easily resolved.