Legendary American Tycoon

Chapter 48: Financial market

The old man in front of him is Fisher? White did not expect Fisher to be so energetic at this age.

The one-cent coin was held in his hand, sticky and wet.

"It's nice to meet you, young man. Good luck in the future." Fisher patted White on the shoulder

After Fisher finished speaking, as if thinking of something, he raised his watch to check the time: "Sorry, I will speak next."

Of course, White did not dare to imagine that Fisher could invite him in with him. He recovered from his dazed state and nodded hurriedly.

Fisher waved and turned to leave.

White lingered for a while, put a penny between his fingers, put it in the sun, and slowly raised his head.

Yeah... was given a gift by Fisher?

Although it is only a cent, there is enough for him to show off.

White returned to the apartment intoxicated, turned on the computer to calm himself for a while, and wiped the coins again, wondering if there was any mystery in it.

However, it turns out that there is no.

Even so, White still felt satisfied.

Is it an opportunity? As White shook his head, Iverson rushed back.

When Iverson told White about Fisher's unique insights on the stock market, which benefited him quite a bit, the coin caught in the gap at the White Award table was taken out.

Seeing Iverson puzzled, White explained: "Fisher gave it."

Iverson didn't believe it, and wanted to pinch White. Iverson suspected that White was lying to him again.

White ran away quickly: "It's true, it's Fisher."

After going back and forth, Iverson finally believed that the coin was given by Fisher.

Because the image of the old man described by White is almost the same as what Iverson saw in his speech today.

"You actually saw Fisher, a real person, and you talked to him and left a souvenir?" Iverson raised his voice in disbelief.

For a while, Iverson felt annoyed: "I had known this, and I would be with you."

White suddenly pinched Iverson's shoulder: "Iverson, let's invest in stocks."

Iverson said "Ah": "You are crazy."

White sat back at the computer desk: "I have the easiest way to make money."

"What is it? You don't know anything about finance." Iverson moved his head.

"If you don't know anything, it doesn't mean you can't learn. Moreover, I just want to invest. It's not as complicated as yours." White pulled out the page, "Just follow him to invest."

Iverson glanced: "Buffett...?"

White nodded his head: "When I saw Fisher today, I suddenly had an idea. Of Buffett's investment philosophy, didn't he come from 15%?"

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"What then? This became your reason for using Buffett as a benchmark?" Iverson asked funnyly, "No matter what, it should be for Fisher..."

"How old is Fisher, so follow him again, no kidding." White shook his head, "I used the data from the bull market of the last century. You see, many rich men just voted with Buffett and won a lot of votes. . Is this the fastest way to make money?"

"This can't be long..."

"It didn't take long." White bent over and pulled out a Buffett investment and financial management book from the Iverson bookcase.

The thick book sank on the table with a slap, White followed the catalogue, turned to a page, pointed to a place to show Iverson: "Buffett's philosophy is to focus on long-term investment. Berkshire The reason why you can make long-term investment is because it has sufficient financial resources. Therefore, it focuses on the purchase of enterprises. Do we have that money? No.

Iverson was puzzled: "Because of this, we should find our own investment style and method..."

White shook his head repeatedly: "No way, no way, in the end we will make frequent entry and exit and increase the cost of stock friction. This is too undesirable."

White spent about a week learning Buffett's investment philosophy. As he said, the stock **** Buffett is a big man who likes to hold long-term stocks. Even though Wall Street ridicules Buffett's investment failures, the Buffett effect is still impossible to ignore.

White desperately needs a large amount of dollars to invest in website production.

White thought this was a good way to make money, and it was quick and effective. After White and Iverson’s friend discussed and understood, White carried out his plan.

However, it is not only what stocks Buffett bought, but also when Buffett sold these stocks. White usually predicts its next share purchase by analyzing Berkshire's gains.

This may seem like a fantasy, but White did it through his deep understanding of Buffett's philosophy.

What White made was the most popular diversified investment. He basically bought and sold according to Buffett's trend, and sold a lot of junk stocks based on this, and made a lot of money as a result.

Since the stock market crash in 2000, White has been lucky. The stock market in 2003 did not look that bad. However, when investing in transportation and shipping stocks has been popular in recent years, White has expressed unusually strong attitude. He is not involved in shipping stocks, but has invested in technology stocks.

This makes Iverson very puzzled, because in Buffett's philosophy, he has always been cautious and wait-and-see about technology stocks whose future is unknown, and never buys.

White resolutely invested in Apple stocks.

This made them unable to understand that neither Google nor Microsoft, the curly-haired young man sitting on the sofa drinking whiskey, shook his head repeatedly.

"Learning Buffett is one thing, learning from it is another."

White believes in this philosophy, and he did not hesitate to join the tech stocks that Buffett is not optimistic about.

Let alone how successful Apple has been since 1997, Apple, which was on the verge of being on the verge of experience in 1997, has made great progress in recent years.

In four years, before the Wall Street tsunami in 2008, Apple launched a generation in 2007, which will increase its value.

White saw this and dared to invest in technology stocks that Buffett believed to be unstable.

Of course, there is also a reason. White himself is engaged in the technology industry. Although White has not invested in them in Google, Microsoft, Apple, and IBM, he can make the right choice based on their future development trends. This is White has the most advantage over other people who follow Buffett's investment.

As Iverson said, this kind of investment can never be long-term, so when White made a little profit, White closed it in time.

White is different from students in other business schools. White does not need to die in investment and financial management. White prefers to choose to make games, software, and websites on his own, and obtain profits from listed companies.

Of course, this is all a second story.

When White took the first step in investing for the first time in his life, the end of 2003 also gradually arrived.

After Google opened its annual plan report, it still carries on its traditional vacation concept.

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