Reborn I just want to concentrate on studying

Chapter 430 Research Topics
Entering the investment office of Minghao Fund is not something that Yi Yang should brag about. For him, it is like junior high school to high school. It makes sense to go to Hanning City to study with all his strength.

It's just a change of learning environment.

For his current stage and major, it is not like in high school. There is always a score, a quantifiable goal hanging there, and learning is no longer a matter of upgrading and practicing.

But for everyone else, it's always going to be a rather amusing anecdote.

Just after Yi Yang finished the interview, he was interviewed by a certain financial media. Of course, this kind of interview is not a particularly large media, probably only the level of Donghai Financial Channel, which has a Donghai Financial Magazine.

Everyone likes to hear legendary stories with twists and turns. Later, Yi Yang bought a copy of that poor-selling magazine just to read his interview, and found that the content basically misinterpreted the reason why he passed the interview.

The title is, "An ordinary student at Tunghai University stands out from a group of high-achieving students from northern Qing Dynasty and enters the Minghao Fund just because his answer is "I don't know." "

Yi Yang flipped through it speechlessly, then stuffed the magazine into the trash can.

The scene of Tunghai University remains the same.

A few days later, Yi Yang bought some small gifts to visit Kang Xin. Of course, they would not be particularly expensive gifts. They were just pastries bought for his future father-in-law last time. There is a heart on top.

Kang Xin was a little surprised that Yi Yang actually joined Minghao Fund...Although he recommended him for an interview, he was still surprised.

In the quiet lotus pond in the afternoon, the breeze is frivolous, the branches on the river bank are swaying, and the weather has turned a little cold.

"It really surprised me." Looking at the lotus pond, Kang Xin picked up the pastry Yi Yang gave him, picked it up and smiled, "This Huanxi should like it very much, and when the time comes, tell her that you gave it to her, and she should be happy." Happier."

"what……"

"By the way, I noticed that there are many more bicycles in the school. Is it the shared bicycle you mentioned last time?"

Yi Yang was startled slightly, and nodded.

Ma Wenwu is a very active person. The plan that was planned before has been implemented. It is still in the Tunghai University, which can be regarded as a pilot.

As a top investor, what Kang Xin can see with his eyes is naturally far beyond this era.

Going to a public lounge chair and sitting down, Kang Xin looked at the lake and said: "I didn't pay special attention to this project before, but you guys have brought it out recently, and I actually experienced it... Oh yes, I Not qualified to ride yet, using someone else's account... Hehe, because the frequency of ordering food delivery is too low, and there are not enough credit points."

Yi Yang was slightly taken aback, but couldn't help but smile.

"Well, I also observed the use of many people, and listened to the experience of some students, and then seriously thought about your project..."

He glanced at Yi Yang, "Do you want to hear my opinion?"

Yi Yang nodded quickly.

"Well, this project is bold and has the potential to change some industries."

Yi Yang was naturally not surprised, after all, he had witnessed some things with his own eyes.

"However, there are several risks." After a pause, Kang Xin continued.

"Ah."

"First of all, the prospect of this project is very broad and the market is broad. It is only on campus now, but I think it is entirely possible to promote it to the society... In fact, this is what other investors can see."

Kang Xin looked at Yi Yang: "So, it's probably easy to get financing for this project."

Yi Yang listened patiently.

"But precisely because of this, it can easily enter a state of barbaric growth. If the management does not keep up, it will cause many problems."

"The maintenance of bicycles, the theft by some people with low moral standards in society is not impossible, and the handling of parking in violation of the rules... I just thought about a few problems, but the hidden dangers are far more than that."

"Second, this project is too simple, without any technical barriers, and it is a project that almost any Internet company with funds can replicate, so I think it won't be long until your project really starts to enter the financing stage. , you will encounter many, many opponents.”

Yi Yang nodded and said, "Yes, but I think it's a good thing."

"Good thing?" Kang Xin raised his eyebrows slightly.

"Well, when there are more competitors, this is a brand new field, a field with a blank market. In order to seize the market, all major capitals will scramble to burn money and subsidies..."

Yi Yang showed a very clear smile: "Ordinary people have many choices when they go out, and life will be much more convenient. More importantly, it will be very cheap. It is one of the few opportunities to grab the wool of capitalists."

Kang Xin was stunned for a moment, then burst out laughing.

For a moment, he didn't know whether Yi Yang really thought so, or just joking.

He looked out over the lake.

Hmm... I have been an investor for a long time, and sometimes I forget to look at problems from the perspective of ordinary people.

After a while, Kang Xin shook his head: "The capital is not for charity. The initial investment will be doubled later, and ordinary people will still have to pay for it."

Yi Yang nodded, looking at the lake, "It's just that a lot of capital that enters the game blindly will die a lot, and eventually become the nourishment of others."

Kang Xin glanced at Yi Yang with interest, and smiled: "It sounds like you don't really care about this project?"

Yi Yang's eyes moved, he smiled and shook his head: "How could it be..."

Kang Xin's expression became serious, looking at the lake, he said: "Yi Yang, you are a good young man, I appreciate you very much, especially you can pass the interview of Svensson, which makes me appreciate you even more, I will not I am stingy in affirming you, but the more excellent you are, there is one sentence that I want to tell you more seriously."

Yi Yang's expression immediately became solemn.

The lake wind blows his hair, Kang Xin's thin face looks slightly dark, and his calm and wise eyes look deep.

"This sentence is to be a person with a conscience, not to serve to make money."

Kang Xin patted Yi Yang on the shoulder.

"This is also the core spirit of the Minghao Fund. Whether it is making money or realizing a certain social ideal, the balance between them must be well grasped."

Yi Yang was startled, then nodded seriously.

On the way back, Kang Xin asked casually again: "By the way, Yi Yang, if Tencent and Ali came to acquire your project at the same time, who would you prefer to sell to?"

Without even thinking about it, Yi Yang said, "Of course it's Ali."

"Why?" Kang Xin was a little surprised.

"Because...reputation points!" Yi Yang said without hesitation, "One of the difficulties in realizing the bicycle sharing project is that in order to ensure that users do not intentionally damage the bicycles, they must pledge something."

"I think at least some companies will try to use deposits as pledges."

"This creates a risk... When the company has a large pool of funds, it is difficult to maintain its original intention."

Yi Yang sighed and said, "Mr. Kang, to tell you the truth, I have a large debt, and I made a little money a while ago, and my first thought was to find a way to use the money I earned to continue to make money." , Then I gritted my teeth and chose to take the initiative to repay the debt."

"From the perspective of a company, the user's deposit is a debt. When the debt is tens of millions or even hundreds of millions, with so much cash, the company will definitely want to do something else..."

Kang Xin nodded: "This is a very simple business logic."

"But what if I lose money? Is it still the user's deposit?"

Kang Xin didn't speak.

Yi Yang said: "So to answer your question just now, why do I prefer Ali, because Ali has its own credit system, and their pledge can be realized by relying on the credit system. Without the deposit, it is not only more user-friendly, For enterprises, it is a kind of shackles, but it is also a kind of protection, if you don’t have money, you won’t mess around, haha... I don’t know if it’s right to think so.”

Kang Xin was stunned for a long time, not only surprised by Yi Yang's depth and perspective of seeing the problem, but also his angle of thinking...

It is indeed novel.

Finally, Yi Yang smiled: "If a product or enterprise wants to change people's way of life, it must first be alive."

"Yeah...alive."

Kang Xin smiled, took the gift from Yi Yang and left, and said, "I won't invite you to be a guest at home this time, but some friends are here."

"Ah."

Yi Yang stopped.

Kang Xin turned around and said something again.

"Don't forget the original intention."
-
Minghao Fund practices the concept that Kang Xin said, "To make money or to realize a certain social ideal, the balance must be well grasped." The most obvious feature is that their investment does not intentionally Pursuing the so-called outlets, they practice long-term investment instead of value theory, which may cause them to miss some outlets, but when some market-based financial risks come, they can always stand still.

The formation of this concept is derived from their corporate culture.

As an intern, Yi Yang's after-school life was completely occupied by the work of the Minghao Fund for a long time.

Of course, he enjoyed it.

His job is to help a senior organize materials, and in this process, he can always absorb unexpected nutrients.

After a long time, Yi Yang can gradually sum up some characteristics of Minghao Fund.

Here, everyone maintains an absolutely rational thinking, and always maintains a forward-looking insight into the financial market, and this insight comes from everyone's understanding of market laws and mastery of modern financial theories and a summary of practical explorations.

They don't care about seniority, and even dare to use investment managers who are just starting their careers.

Even for Yi Yang, this is a precious internship experience.

Knowledge is like a ladder, allowing you to observe some things from a higher perspective.

The previous rebirth experience allowed him to see some things, but with the deepening of his studies, he would find that those things were only one aspect that ordinary people could see, just like a blind man feeling an elephant, unable to get the whole picture.

The knowledge he learned at Tunghai University, especially at Minghao Fund in just a few months, has continuously deepened his understanding of people, business, environment, and organization, as well as his understanding of value investing.

Some things I saw in the previous life, looking back now, seem to be deconstructed in front of my eyes, clearly visible.

This is what learning means.

In the same situation, you can see more things than other people.

And the meaning of high-end college interns like them is not just doing chores for others in the office.

Two top students from Guanghua School of Management also came in for an internship with Yi Yang.

After half a semester of accumulation, before the winter vacation, it's time to display their true talents.

Before the meeting, Yi Yang was not in a good mood.

Because my sister expressed a little vaguely in the video call the day before, hoping to travel together during the winter vacation.

It's a trip, not a vacation.

She wants to change her perspective, go to the great rivers and mountains of the motherland, and see people from different places.

Yi Yang was troubled by this.

Because the winter vacation is the time to really show off your skills after entering the Minghao Fund.

The three interns will each be assigned to do a research project independently.

To complete this research, there is naturally no way to fulfill my sister's wish.

Of course, Jiang Lili's heart would not mind, but thinking about it, as a boyfriend, she always tolerates herself more often.

Although the girl and herself always defined her by her elder sister, and she took pleasure in it, but she couldn't really take it for granted because of it.

Love is mutual.

After some reflection, I realized that I had done too little for my sister.

The more I think about this, the more depressed I feel.

With such a mood, I entered the meeting room.

The senior who took them was a doctor of returnees, unlike some so-called "returnees" of pheasants, he was a doctor of a prestigious Ivy League school, with a word Tang in his name, so everyone simply called him Brother Tom.

Tom cruised straight to the point: "I'll just say it straight, you've been in our Minghao Fund for a while, and you know our style here."

"We have a dedicated investment research center and a decision-making center, and all research decisions require a large amount of research data as the basis."

"The funds we spend on research every year are more than the funds for business banquets of many similar capital companies."

Everyone listened very carefully, and their eyes revealed the excitement of eagerness to try.

After a pause, Tom cruise smiled: "During the time you entered Minghao Fund, you have all proved your rigorous and rational thinking. I am very pleased that you all have the possibility to be one step closer to our company. "

"Minghao Fund does not care about temporary gains and losses, and is willing to give newcomers the opportunity to make their mark. Right now, the Strategic Research Department has three research topics for future market trends."

"The first one is new energy vehicles."

"The second one is logistics."

"The third is tourism resources."

Cruise said: "Next, think about it carefully, and hope to choose which research direction, um... 10 minutes. After 10 minutes, I want to hear your thoughts."

"Then, I will determine the final research direction of each of you based on your ideas."

"Next, you need to submit a research plan to me within three days. If it is approved, within my authority, I will arrange research funding for you."

After a pause, Brother Cruise seriously emphasized again: "As long as it is reasonable, even if the funds exceed my authority, it is not impossible! Of course, the review department is very strict on the review of the plan."

After listening to the three directions, Yi Yang was obviously taken aback, then looked at the other two interns, and noticed that their eyes were a little subtle.

　I wish you all the best for the college entrance examination!
　　
　
(End of this chapter)