In the afternoon, Bao Bufan called and asked Lu Yan to come to his company tomorrow to meet and get to know a few of the "order placers" from the private equity side.
After all, a capital of 300 million is not a small amount. In the 1990s when "bookmakers" emerged in large numbers, it could be used to control a stock with a small circulation.
Although in the bull market from 2005 to 2007, 300 million yuan of capital was like a wave of water. But if it were all invested in one stock, it would still affect the short-term stock price to some extent.
Therefore, the operation of private equity funds definitely requires "order placers". Lu Yan, the fund manager, only plays the role of a decision-maker. Specifically, he buys and sells by account, time period, and price, as well as keeping an eye on
The market trend has to be determined by the order placing staff.
After hanging up the phone, Ruan Xiaoxiao's first reaction was worry.
As the saying goes, when you treat others with courtesy, you must ask for something.
The two million BMW M5 was sent over, so Lu Yan was naturally asked to help him earn more. What if he couldn't earn more? What if he lost it?
How can ordinary people afford to pay compensation?
But she was afraid of affecting Lu Yan's mood, so she just felt exhausted and lost interest in looking at the beautiful clothes in the mall.
"Why don't you choose? If there's nothing suitable, go to another mall!"
Ruan Xiaoxiao shook her head, "No more shopping. You have been very busy and tired all day, and you have to go shopping with me!"
Lu Yan chuckled and said, "It doesn't matter, this amount of exercise won't tire me out!"
Ruan Xiaoxiao was silent for a while, feeling that she should be happy so as not to put pressure on Lu Yan, and said with a smile: "Then, you accompany me to buy a skirt!"
Lu Yan thought: "You bought at least a dozen skirts last year. If you make a table and count them, you should find that none of them lasted more than a week."
But he said: "Okay, it's up to you!"
…
After a while, Lu Yan drove Ruan Xiaoxiao back to school, and then drove to the Bao Group Building.
The private equity fund run by Bao Bufan does not have a signboard. It just has several rooms on a certain floor of the building for private equity investors.
In the boss's office, Bao Bufan pointed to a row of ten people, both men and women, and said to Lu Yan: "They are you, the soldiers you will lead in the next period of time."
Then he said to those people: "This Manager Lu Yanlu is the stock trading expert I hired with great difficulty. He will be responsible for the specific operations of the fund in the next period of time."
Most of these people were in their late twenties or early thirties. Seeing that Lu Yan was just a kid in his early twenties, they all looked a little shocked.
It’s common to hear of computer geniuses in their teens and 20s, but this is the first time I’ve seen one!
If Bao Bufan hadn't always been extremely prestigious, everyone would have suspected that this person was being deceived.
But I heard the young fund manager say: "Hello everyone, my name is Lu Yan. In fact, I don't want to bear the title of master, let alone the god of stocks. In one sentence, understand the general trend and make big money!
What is the general trend? If the market is unilaterally falling, don't buy the bottom easily, let alone believe in the so-called policy bottom. And if the market is unilaterally rising, you can't easily think it has reached the top. In my opinion, the market is still going up, and the Shanghai Composite Index
Two to three thousand points will be no problem.
Of course, the country has noticed the phenomenon of overheated stock market investment and, in accordance with past practice, has implemented cooling policies...!"
These people did not have decision-making power, and Lu Yan just talked casually.
Bao Bufan was confused. After letting those people leave, he left Lu Yan in the office and asked, "What you just said is about your optimism about future market conditions and national policies. Can you elaborate on that?"
"
Lu Yan sat in front of the tea table, drank a small bowl of tea, and then said: "There is really nothing to talk about. The market has been improving so far, and there is no trend of change for the time being. As for the policy,
It’s nothing more than some small adjustments first. If the market doesn’t respond, we will probably come up with policies like the “Twelve Gold Medals in 1996”!”
However, after the Spring Festival in 1996, the Chinese stock market, which had been bearish for three years, jumped short and opened higher one after another, and macroeconomic policies continued to be favorable.
From April 1st to December 12th of this year, the Shanghai Composite Index rose by 124%, the Shenzhen Component Index rose by 346%, and more than 100 stocks increased more than 5 times.
Therefore, starting from October, the policy began to change. The management made twelve major actions in succession, which is known as the "12 gold medals" in history.
From the first to the fifth, there is a total of one management method and four notices. Keywords such as standardization, management, resolute stop, prevention and strict prohibition are used successively.
The sixth channel is "Measures for the Management of Proprietary Business of Securities Dealers", the seventh channel is "Further Strengthening Market Supervision", and the eighth channel is "Strictly Prohibiting Market Manipulation..."
Unfortunately, the market ignored it and the trend remained the same.
Then, the price limit system was introduced. On December 16, 1996, the front page of "People's Daily" published a special commentator's article titled "Correct Understanding of the Current Stock Market."
He talked a lot, but the core of it is only one sentence: the surge since April is abnormal and irrational.
Afterwards, the market plunged, with the Shanghai Composite Index plunging 9.91% and the Shenzhen Component Index falling 10.08%. Most stocks in the two cities closed at their daily limits that day.
The reason why it is difficult for veteran investors to make money in the bull market is simply that they have experienced too much and are afraid of falling.
Bao Bufan is young, and although he has never experienced this, he has read relevant information.
He frowned slightly and said, "You mean, in the next few months, risks and opportunities will coexist?"
Lu Yan smiled: "It's almost like taking a chestnut out of the fire!"
Bao Bufan stood up, took two steps back and forth, and said slowly: "The most we can bear is a 15% loss!"
Lu Yan smiled: "Don't worry, I will try my best to help you make money!"
"Which stock do you want to buy?"
"Still researching, I am more optimistic about the non-ferrous metals and pharmaceutical sectors, specific stocks, still researching!"
"With your 30 million, do you plan to buy these two?"
"Of course!"
…
The next day, Lu Yan continued his class and did not go to Bao Bufan's place. However, he received a call and told them to sell some of the "super large-cap blue chip stocks" they originally bought.
In the bull market of 0507, large-cap blue-chip stocks have almost become "big-cap bad stocks," especially those first-line stocks with extremely large market caps, whose range of gains is quite limited.
It doesn't rise when others rise, and it falls when others fall, especially the two petrochemical companies are the most deceptive.
As the saying goes, if I ask you how much sorrow you can have, it just makes you cry when you have a full warehouse of oil.
Private equity funds need to sell their stocks bit by bit, but they cannot buy them today.
Lu Yan used his mobile phone early in the morning to operate, and with the 30 million transferred in, he bought "Xin Industry Shares" and "Guangji Pharmaceuticals" in batches.
Because the amount is slightly larger, you cannot place one big order, but you need to continue buying in small quantities in batches!