"Brother Ki, inform your men to get ready to sell their tech stocks." Feng Yu called Kirilenko.
"Why so early? Didn't you say it will be early next year?" Kirilenko asked in surprise.
"If we sell our stocks now, we can raise funds to speculate on the US stock index futures. Although we might not make a lot of profits, it will not be less than when the stock market rises."
Selling their stocks must be done slowly, especially if Microsoft and other companies' shares are sold in bulk. Their share prices will surely fall, and they need to sell their stocks slowly.
Feng Yu's plan is to sell all his Asian Tiger, Microsoft, and other companies' shares within three to five months and then short the US stock market.
The US stock market will still be booming this year, but next year, the stock market will plunge, and in 2001, after that incident, the global stock market will crash.
Even now, not everyone is optimistic about tech stocks. Warren Buffett, who is known as the God of Stocks, insists not to touch tech stocks. Another financial expert in the United States, Schiller, had just published a book called "Irrational Exuberance". He predicted that the American stock market bubble was about to burst, and the stock market would plunge again like it did in 1987.
But not many people believe Schiller. Some people believe him, but they believe that they will not be so unlucky. They want to make more money and get out of the market when the bubble burst.
Although many people were clamoring to invest rationally, how many people could actually do it? After the Asian Financial Crisis two years ago, more financial investors started to invest in the US stock market.
In 1997, there were about 3.7 million online trading accounts in the US. Now, the number is more than 9.5 million, and it is still increasing. The number is expected to exceed 10 million this year. At this time, every family in the US had two shareholders. Stocks, funds, etc. had already penetrated deep into every American family.
If it weren't for the rapid development of online trading, the stock market will not develop so fast.
Everyone who owns a computer with internet access can sit in the living room and enjoy a cup of coffee to know the stock prices. They also do not need to use their working hours to trade. Also, the US stock market had been doing well in the past two years, and more people start to pay attention to the US stock market.
At this time, the US stock index had risen to nearly 10,000 points, and it was very likely that it would break through 10,000 points and even reach 11,000 points.
In the US, many people treated stocks as a type of deposit. The interest rate was higher than that of a bank, and it could even be doubled. Furthermore, it could be cashed out at any time.
After Feng Yu spoke to Kirilenko, he also informed his partner, the Fu Family. The Fu Family had invested a lot in the US stock market.
When they learned that Feng Yu wanted to take action in advance, they were also a little surprised. But they also know that Feng Yu is interested in a company with a market value of almost 70 billion USD. Is he planning to acquire this company after selling the company?
Moreover, Feng Yu had directly said that he was ready to dump his shares. If you don't prepare well, don't blame me if you lose money.
Kirilenko is the most straightforward. After receiving Feng Yu's message, he immediately informed his team of brokers to dump those shares in the US market to raise a sum of cash for future use.
Kirilenko is a man of his words. Although many brokers felt this was the time to make money, and selling the stocks was not worth it. If Feng Yu wants to invest, they can sell the stocks at any time.
But since Kirilenko had made the decision, they can only execute it. But in private, they grumbled. Some employees also grumbled that Kirilenko was the one who hired them. Why did he always ask for Feng Yu's opinion before making important decisions?
That's right. Feng Yu was very capable and had earned more money than them. He had a glorious past, but no one will not make mistakes. Since Kirilenko had hired them, he should listen to their opinions.
If the boss is not willing to listen to you, then how can you get a promotion? These employees were thinking this for themselves.
But they only dare to grumble in private. At the start, some of them objected to Kirilenko's decision and were fired. After that, no one objected to Kirilenko's decision.
When Feng Yu was arranging He Zhaoji to dump the Microsoft shares, he received a call from Fu Rongqi.
"Nephew Feng, is it too early to dump the shares now? Is there a need to dump all the shares?" Fu Rongqi felt Feng Yu was too extreme. Even if the stock market bubble had already shown signs of collapsing, not all stocks would collapse, right?
"Uncle Fu, which shares do you want to keep? Blue-chip shares? Don't forget that I am dumping Microsoft shares, and it is also blue-chip shares. What if I tell you that the blue-chip shares will fall in the next one or two years? "
"What? Fall? You are saying that blue-chip shares will fall more than the market? Do you know about the US's new policies? "
If something like this happens, it will most likely be due to the new policies.
Clinton had been supporting tech companies, and these companies had been rising in the US stock market. Clinton's term is about to end, and he cannot be re-elected based on the Constitution. The new president will definitely implement new policies. Perhaps this will become a fuse.
In Feng Yu's previous life, the US blue-chip shares had led the market to fall. Microsoft, Intel, AT&T, General Motors, Hewlett-Packard, Coca-Cola, IBM, etc. All of them were world-class companies and blue-chip shares.
But their share prices had fallen more than the market. Many people later said that it was precisely the sharp fall of these blue-chip stocks that formed a herd effect, causing the US stock market to fall again and again, unable to stop.
Warren Buffett had once said: "What a smart person does at the beginning, a fool will do at the end."
The smart people were those at the top of the food chain, and the fool Buffett was referring to were those investors who followed the trend. They were also the people at the bottom of the food chain.
"Uncle Fu, I don't know about the new policies, but this is my analysis. Just think about the late 1980s. During the stock market crisis, blue-chip shares had led the market to fall. This time will not be an exception! "
Fu Rongqi nodded. Once there was a bear market, blue-chip shares will not be able to support the market. After all, the blue-chip shares' share prices were too high now, and there were not enough funds to support them.
Blue-chip shares had led the stock market during the boom, but when the market crashes, blue-chip shares will be the ones to fall.
"Ok. I understand. We will also prepare to sell our shares tomorrow! "
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