Hugo: The sky was clear. Large chunks of sunlight pierced through the branches and swept over He Zhou. He Zhou sat listlessly on the small stool at the entrance.
Corgi kept coming over to touch his feet, which made him very annoyed. He was very impatient, so he picked him up by the scruff of his neck and threw him into the house. He then closed the door.
He sat down again and occasionally glanced at the phone in his hand. When he saw the green light on the stock interface, he trembled all over.
Today's limit drop was something he had never experienced since he started investing in stocks. It was too scary. Of the 12 stocks he owned, 9 of them were on the limit drop as soon as the market opened.
It was a heavy loss.
He had predicted this situation yesterday, but when it really happened, he still panicked. At this moment, he truly understood what the risk of the stock market was.
He did not care about how much money he had lost, but the loss had hurt his confidence.
The total market value was 10 million yuan, and there was a loss of 15%. Should he stop the loss or buy the bottom?
Looking at the falling Shanghai Composite Index, his heart was still hanging in his throat. Was it really necessary for individual investors to trample on each other?
Suddenly, he heard a car honking. Just as he was about to squint at the approaching license plate, a car had quickly stopped in front of his house.
"Uncle Pan." He Zhou nodded at Pan Guangcai, who was getting out of the car. He walked out of the yard and opened the car door for Pan Guangcai. "Why are you here?"
Pan Guangcai smiled and said, "I have nothing to do, so I came over to take a look. Let's have a few more drinks."
"Oh, these leeks are growing well. They're going to grow into leeks soon." He Zhou's phone was still on the chair. Pan Ying's eyes were sharp, and he glanced at the stock market on the street. "What a talent. You became a millionaire in one day. You're still not leaving? Are you really going to stay for the New Year?"
"I'm doing this for the long term. I don't care about temporary gains or losses. The temporary adjustment of the market is nothing. I'll just wait for the dawn." He Zhou was unwilling to give up his final stubbornness.
Pan Ying teased, "The short will become the medium, the medium will become the long, and the long will become the shareholders. Time will prove who is right and who is wrong. There is no old or young on the road to hell. You should take it easy."
Her father made his fortune by selling Treasury bonds with Li Long, Li Hui and the rest. Later, he started trading stocks. Even after Li Hui, Li Long and the rest retired from the securities industry, her father did not quit. With his elementary school education, he managed to become a big crocodile in the capital market. He is one of those people who can shake the world with just a stamp of his foot.
Therefore, since she was young, most of the books at home were about securities. She liked to read them when she had nothing to do. Coupled with the long-term influence, she had a deeper understanding of the capital market than ordinary people.
After she went to university and had plenty of time, she began to use her spare money to invest in stocks. Now, she was a real veteran investor.
Therefore, she was very confident that she was better than He Zhou in the stock market. After all, it was her ancestral skill.
He Zhou said grumpily. "I am an investor, and you are an investor. We are different."
Pan Ying laughed. "Isn't it more direct to say that you are an investor? You can't even look at financial reports. Do you think you can find gold in the sewers? My advice is that as a newbie, don't buy lagging stocks or mediocre stocks. Just focus on the top. "
He Zhou put his phone into his pocket and ignored Pan Ying, who was gloating over his misfortune. He turned to Pan Guangcai and smiled. "Uncle, come in. I'll pour you some tea."
There was a corgi in the house, and he opened the door first.
After Pan Guangcai sat down, he handed the cup to Pan Ying and asked his daughter to refill it. After taking a sip, he couldn't stay in the house anymore, so he stood at the door and played with the Corgi. When he saw He Zhou, he smiled and said, "Give me your phone. Let me see what kind of tickets you have."
"Uncle, you are a professional. Help me take a look." He Zhou did not feel embarrassed for Pan Guangcai. After opening the stock app, he handed his phone over.
Pan Guangcai did not take the phone. He raised his neck and glanced at it. "It's out."
"Uncle, I still have money. I want to keep it and continue to buy at a low price tomorrow. According to my plan, it will definitely soar tomorrow. This round is completely caused by panic." He Zhou did not intend to listen to Pan Guangcai's suggestion. He was highly educated and had read about Warren Buffett. He was familiar with Graham and had heard many stories about Pan Guangcai. However, in his understanding, Pan Guangcai's generation was mostly due to luck and the reform. Therefore, he was not completely convinced by Pan Guangcai's words. He needed to prove himself, so he needed to stick to his own views and make his own decisions. "I don't think we should be controlled by market panic. Buffett once said, 'When others are afraid, you should be greedy. When others are greedy, you should be afraid.'"
"Warren Buffett?" Wisps of smoke came out of Pan Guangcai's nostrils. He smiled and said, "I am quite familiar with him. He is in the primary market, and his ideas are too old-fashioned. When the market is good, he will be slow. Even if he can't live with his money, his funds must be efficient.
Only in a bull market can you talk about value. In a bear market, even gold will not shine. "
"I am the second largest shareholder of his company." Pan Ying was furious!
He was looking down on his own father!
As a father, he could tolerate it, but as his daughter, she could not tolerate it.
"I have read some of his books." He Zhou smiled embarrassedly. "I think a lot of what he said makes sense."
Pan Guangcai smiled and said, "Uncle will give you a word of advice. Don't care why you are losing today, and don't care what will happen tomorrow. You can't hesitate to cut your losses now. Your uncle, I, have never read any books, and I don't know much. However, after all these years, I have understood that if you lose, you have to admit it!
Opportunities are always reserved for those who are willing to reflect. "
He Zhou was still hesitating, and Pan Ying could not help but say, "When did you become so slow? Look at what kind of stocks you have bought. Can you manage 12 of them at once?
It's already a big deal to buy three of them at once.
You are obviously a new leek. You always think that you are faster than a sickle. "
"If I sell them now, then I am really a leek." He Zhou could lower his head to Pan Guangcai, but why would he lower his head to Pan Ying?
Did he not know the difference between big and small?
Pan Guangcai stood up and stretched. "When danger comes, don't argue. Hide. When you are sure that he is harmless, come back quietly. It is not embarrassing.
If you increase the price at this time and try to dilute the cost, that is what a gambler does. "
"Uncle, if it were you, would you do that?" He Zhou asked curiously.
"If it were twenty years ago, I would have done what I taught you." Pan Guangcai smiled and said, "But I don't have to do that now."
"Why?" He Zhou asked. At the same time, he pressed the button to clear the stock and closed the deal according to the opponent's best price.
Pan Ying said angrily, "Are you stupid? Do you think my dad is a leek like you? As long as you have enough money, you can do whatever you want."
"Sigh, there is still one bottle of white wine that can't be sold. It is all on the board. I did not pay for it." He Zhou showed the screen of his phone to Pan Guangcai.
Pan Guangcai smiled and said, "Then keep this one and use the rest of your money to buy it. Protect the country and don't let foreign investors take advantage of it."
"Thank you, Uncle Pan." Suddenly, there was only one stock left. Inexplicably, He Zhou felt at ease and calmly accepted the loss and failure.
With only one stock left, it was much easier to handle.
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