American Fortune Life

? On March 8, today in history, a major event happened.

March 8, 1909, was internationally designated as International Working Women's Day.

On March 8, 2009, there was nothing special, but the American people who saw the latest "Los Angeles Times" early in the morning were completely blinded by today's front page headlines.

"The time of the crash is the best time"!

Andy Smith, who was touted as a financial genius in the new century, made specific remarks on the stock market, which made the whole country see something extraordinary from this "stock review".

"...the harder the slump, the more ruthless the bottom-hunting. For stock investors, it seems like a pair of twin flowers to be firm in their investment information and overcome their fears whenever a slump occurs, tormenting us forever..."

This article is like a stone falling into a stagnant pond, splashing water and ripples.

It's just that even Andy, the initiator, can't predict whether the stone falling into the dead water is a meteorite or a cobblestone. . .

As one of the three major newspapers in the United States, the "Los Angeles Times" has a very large sales volume. Even if the paper media declines, the big newspaper is a big newspaper after all.

The morning news of major TV stations also reprinted this article, and various economists were interviewed by telephone, and experts asked their opinions to interpret this extraordinary article.

All of a sudden, on the morning of March 8, the peace in the United States was completely broken, and the appetite of the American people was lifted. After all, it is about money bags and economic recovery. No one would think that Andy Smith, the super-rich and famous, would Irresponsible nonsense.

No one thinks he's joking when thinking of his legendary rise to power!

Of course, there are a lot of people who don't take it seriously, some are dismissive, and some are sneering at the content and opinions in Andy Smith's article that stirred up a thousand waves.

However, these have been unable to stop the enthusiasm of the media. Andy Smith's stock review, whether it is accurate or not, is the carnival of their media, and it is the guarantee of sales and ratings.

"... Our reporter interviewed economists from top financial institutions, companies and academic institutions. Most of them believe that the continued shrinking of personal consumption expenditures, further sharp declines in real estate investment, and declining exports will lead to this year's economic growth. The US economic situation continued to deteriorate in the past six months.

but,

Economists also expect the U.S. economy to recover in the third quarter. They believe that the main drivers of the U.S. economic recovery in the second half of the year include a sharp drop in energy costs, the implementation of tax cuts and the easing of the credit crunch.

Still, a sharp drop in house prices and stubbornly high unemployment will still weigh on consumer sentiment. . . "

Early in the morning, he was woken up by his secretary's phone call. After reading Andy Smith's article in the newspaper, Warren Buffett was sitting in his study in his pajamas. His eyes were shining brightly. Los Angeles Times, read it again.

I have to say that Andy Smith's article is similar to his last year's "I'm Buying American Stocks".

Last year he called on investors to "buy the dip" in U.S. stocks. But to his embarrassment, the Dow Jones Industrial Average has fallen from more than 8,800 at the time to more than 6,500 today.

Although he doesn't regret it, but looking back and looking at Andy's article at this moment, Warren Buffett has a feeling in his heart, I hope that article will be published a few months later. sigh.

"Shet—"

Something suddenly sounded. Warren Buffett, who was still sighing with emotion, suddenly changed his face, and his expression was ugly. He just remembered that he had an hour-long interview on the CBS TV financial program yesterday. He said he remained optimistic about the long-term economic outlook for the U.S., but also said that the U.S. economy was "falling off a cliff, close to the worst he could imagine.

To be beaten again?

When Warren Buffett's old face became hot, he reached out and grabbed the phone on the desk, but when he grabbed the receiver, his brows were wrinkled, and his eyes returned to the article in the newspaper. At this moment, Warren's He was very entangled in his heart, but he didn't believe that Andy Smith would really 'buy the U.S. at the bottom' at this time, and he didn't believe that the U.S. stock market would rebound immediately because of Andy Smith's bottom-hunting, unless God really stood there. boy side!

While Warren Buffett was struggling, news related to President O'Kankai's stock market forecast yesterday was broadcast on TV.

"...if you take a long-term view, the price-to-earnings ratio suggests that buying stocks now is a good option."

Hearing the words of Ao Guanhai on TV, Warren Buffett, who frowned, couldn't help shaking his head and laughing. He withdrew his hand from the phone, and muttered in a mocking and self-deprecating manner, "How far is the long run? "

The long run may be really long, far beyond what can be expected.

Warren Buffett is very clear that the current economic situation in the United States is not optimistic. From the perspective of the general environment, the financial crisis is still showing a deepening trend. As a result, the real economy is not as good as the other.

The U.S. national debt has reached more than 10 trillion US dollars, and it is also growing at an average rate of 3 billion US dollars per day. The reality of being stretched out has led the United States to issue 7-year bonds on a monthly basis from the end of last month, which also stopped in the 1990s. This is the first time since the issuance of such a bond. In social life, the unemployment rate in various industries is still high, and more and more people have lost or are facing the fact of losing their houses. More than 30% of the once carefree Americans have tossed and turned, and have difficulty sleeping. .

Under such a realistic situation, will U.S. stocks suddenly end the continuous decline and rebound against the trend?

This possibility is really small, I really think that Andy Smith is a god!

Andy Smith's call for bargain hunting may be a joke in the eyes of many people. They want to wait until the market opens to see if he is fooling people, thinking about seeing him suffer heavy losses. After all, Buffett, the stock god, has admitted it.

There are those who want to see jokes, and naturally there are also those who believe in Andy Smith's bottom-hunting view, and are willing to follow him to take a risk, especially those investors who followed him to buy gold, successfully hedged, and made a lot of money, I am even more convinced of Andy Smith's prediction, and I am preparing to follow blindly after the opening.

Those who want to see jokes, some are prepared to follow blindly. As for Ou Guanhai, who is sitting at the breakfast table in the White House, reading the articles in the newspaper, he is pleased with Andy Smith's efficiency and integrity in taking 'money', but also for Andy. The greed and shamelessness feel a burst of teeth!

"...haha, I've never heard from a professional investor, one of his investment strategies is to listen to the president...they might listen to economists or the Federal Reserve Board, but never Listen to the views of politicians."

Ao Guanhai, who was still complaining that Andy was a profiteer, heard the news comments on TV, and his face turned black. . . Ahem, okay, it turns red in the dark, and some of the invited economists and the so-called Wall Street investment strategists in the news studio on the TV screen are gnashing their teeth and laughing and making fun of him, the most popular newcomer in the United States. president.

"So, what do you think of the bottom-hunting remarks in Andy Smith's article? Is it really as he said, the U.S. stock market has bottomed out at this stage, and the stock market will turn around soon?"

The host's question stopped the smiles on the faces of several experts who were laughing at the scene. After pondering for a while, they began to show all kinds of economic data without commenting positively on Andy Smith's remarks. .

"These bastards!"

Ao Watch watched the TV, and the so-called experts and scholars who had mocked him before and made fun of his words, almost spat out a mouthful of old blood when they encountered the scene of Andy Smith making unfavorable comments.

"Too TM bullying the president!"