My Age of Investment

Feeling a little hungry, Xia Jingxing went directly to the dormitory restaurant to buy a meal coupon, a sandwich and a glass of orange juice. This was lunch.

Each building of Stanford has its own small restaurant, lounge and public activity area, providing three meals a day, open seven days a week, so there is no need to travel as far as domestic universities to eat in the unified dining hall.

After a brief lunch, Xia Jingxing took the campus shuttle bus to a nearby shopping mall to start a big shopping.

I bought some daily necessities and went to apply for a new calling card.

After thinking for a while, he went to the nearby Bank of America, applied for a bank card, and transferred all the funds in the Visa card, totaling more than 11,000 US dollars.

Originally, he brought a total of 16,000 US dollars to study, paid more than 3,000 US dollars for food, lodging and insurance, and bought some daily necessities. He only had more than 11,000 dollars left on the card, and more than 900 US dollars in cash.

The whole body adds up to a total of 12,000 US dollars.

After dinner, Xia Jingxing returned to the dormitory and lay on the bed, unable to fall asleep.

It's not that he is not acclimatized, but that he is a little confused and doesn't know what to do next.

Is it to study step by step, or use some predictions about the future to make money and make big money.

Money must still be earned. In this society, without money, the waist is not straight.

In addition to making money, he is still debating whether or not to start a business.

In the last life, I failed three times to start a business, and when I was about to start a business for the fourth time, I couldn't afford it.

I've been messing around for half my life, and I haven't come up with anything.

Entrepreneurship must still be created.

It is impossible to work part-time in this life.

Xia Jingxing opened his eyes wide and stared straight at the ceiling.

If he fails once in his life, he is uneasy.

He has also reviewed the business several times before, and where did he fall?

Group buying is too late to enter the game, resulting in the lack of financing rhythm and collapse in the battle of thousands of groups;

P2P is in the wrong business, and it is too cautious, so the scale has not developed, and the landing fails;

The virtual currency is purely speculative, and the pig teammate was found again, and the enemy of the pig teammate, a self-media V, turned it into a naked pig, and the leek flew away to the mouth.

From all walks of life, he is most familiar with the Internet, followed by finance.

If you want to start a business, it is estimated that you can only choose these two fields.

This is called not making money outside the cognitive realm.

Otherwise, the money earned by luck will be lost again by strength.

Woohoo!

Today is July 20, 2002, Xia Jingxing said in his heart.

It's a little embarrassing at this time.

The Nasdaq peaked at 5,000 the year before, and then plummeted.

The speculative bubble of the Internet has caused the market to not relax until now.

The reincarnation of the road is the same principle as P2P and virtual currency in the future. In the game of drumming and passing flowers, no one feels that he is a successor, and there will always be a fool to take over for me.

The Internet industry has stepped out of the darkness and truly ushered in the light in 2004, the first year of the Web2.0 era.

If you want to do something yourself, you need to start accumulating food now.

So what should be done now?

After thinking about it, Xia Jingxing felt that he couldn't be too ambitious. He should find a business first and earn the first pot of gold.

With U.S. dollars in hand, there are more choices.

As for the longer term, that's purely unfounded.

Profitable, fast, safe, suitable for yourself, no threshold...

Xia Jingxing took these keywords and quickly filtered various industries and projects in his mind.

Working in the United States is too slow, and many regular companies will not hire him.

International students can only work on-campus, and those outside the school are called illegal jobs.

American jobs are reserved for their taxpayers.

At most, international students go to Chinese restaurants to wash dishes outside the campus, and their rights and interests are not guaranteed.

If the boss is kind, he will not deduct your salary and pay it in full.

Disgusting bosses, delinquent and discounted wages are the norm.

Anyway, you international students are black workers themselves, you can't see the light, and you often break your teeth and swallow them in your stomach.

Set up a stall? Street stall economy?

First of all, the United States is vast and sparsely populated. If you don't live in the center of the city, you will rarely see people on the streets.

The United States is a city on cars. People basically rely on cars to travel. There are few pedestrians on the road, so few people see street stalls.

The traffic is small, and there is no money to be made.

Secondly, the United States also requires a booth license, and some places require more than one.

And the management is very strict. If you set up a street stall privately somewhere, it is not the urban management who will control you, but it may be the police!

There are also many Americans who love to call the police and are very nosy.

No matter the big or the small, it is often reported before you know it, the police car is already by your side, and the speed of the police car is far beyond your imagination, and often there are several.

Honestly being tortured away is not bad. If you are not careful, if you encounter a racist, you are killed by your knees, and no one will take to the streets to avenge you.

When moving, selling second-hand goods on the lawn of your own yard doesn’t count. It’s just that American residents love to do it, and the police can’t control it. That’s private territory.

Xia Jingxing killed one project after another that was unreliable or unsuitable for him.

In his mind, the project is best not to spend too much time, so as not to affect the academic.

Although the turtles would be worthless in the future, he was afraid of dropping out or being expelled from school. His mother couldn't accept the news.

In two lifetimes, he no longer wanted his mother to worry about him.

Besides, he hasn't done anything in his career now, and he doesn't even have any signs of success.

Dropping out of school now is a complete idiot.

Dispelling the thoughts, Xia Jingxing continued to think.

Hey, thought of it!

He suddenly bounced off the bed, glanced at the computer on the table, and had to start from it.

He got up quickly, pulled his slippers, sat down at the desk, and turned on the computer.

It is possible to visit domestic Chinese websites from abroad. After turning on his computer, he first browsed the financial sections of Sina and Sohu, and finally entered NetEase.

His eyes stayed on a piece of news posted by NetEase Finance.

"On April 11, Mr. Duan Yongping, chairman of BBK Group, spent $2 million to buy 1.52 million NetEase shares in the open market, accounting for 5.05% of NetEase's total share capital...

Mr. Duan Yongping said that he is unswervingly optimistic about the future of NetEase, and time will prove everything..."

Looking at this news that was outdated for several months, the corners of Xia Jingxing's mouth rose.

The Internet bubble has made a large number of Internet companies miserable, and NetEase is also one of the victims.

NetEase's stock price fell from $15.5 at the time of listing to a minimum of $0.48, a drop of 97%.

The market value also fell from $470 million at the time of listing to less than $20 million when it fell to the lowest point, which is terrible.

Of course, such an exaggerated decline is also related to the fact that NetEase was found to be suspected of accounting fraud, and more than half of its income disappeared.

In September last year, NetEase also suspended trading once at a price of $0.64.

If the Nasdaq-listed company's stock price is less than one dollar per share, the warned company will be announced to stop trading if it still fails to take corresponding measures to save itself to change its share price within 90 days of the warning.

This is also known as delisting.

NetEase was once on the verge of delisting. Ding Sanshi went to countless places at that time, met countless investors and business leaders, and wanted to sell the company, but no one dared to take over.

Everyone thinks that NetEase is dead this time, who dares to take the thunder?

Until that man with the alias "Duan Feite" appeared!

While recalling, Xia Jingxing opened the Nasdaq website and began to check NetEase's financial information.

Duan Feite's $2 million is really a timely rain, which undoubtedly gave NetEase's share price a shot in the arm.

The current share price has risen to $1.42!

$2 million doesn't sound like much in the afterlife, but at this time, it's a huge sum.

There are only so many shares of NetEase in circulation, and this big purchase has directly pulled NetEase’s stock price to more than $1, which is beyond the brink of delisting.

Xia Jingxing was very good at mathematics, and after doing some calculations, the average position price of 2 million US dollars and 1.52 million shares was less than 1.32 US dollars.

Later, Duan Yongping continued to increase his holdings of NetEase shares to 2.05 million shares, accounting for 6.8% of NetEase's total share capital.

I can't remember exactly the time, so I don't know if it's this year or next year.

In addition, he still remembers that Duan Yongping sold some of the shares when NetEase's stock price exceeded $40, and he first got the capital back and stabilized a batch.

As for profit, it is not as exaggerated as what the media said, holding it for more than ten years, not selling one share, and finally making a thousand times profit.

Duan Yongping held most of the NetEase shares for 1989 and 2010 and sold them one after another. There must have been dozens of times and hundreds of times of profits.

NetEase later split its shares once, and one share became four shares.

Buying one share at $1.42 at the moment, the holding cost is equivalent to $0.355 per share.

When NetEase's stock price breaks through $355, it's really a profit of over 1,000 times.

Think far and far.

Xia Jingxing quickly woke up from his sweet dream. NetEase's stock price is more than 300 US dollars, at least ten years later.

Look ahead.

NetEase's share price is $1.42, with a total share capital of 30 million shares and a market value of almost $43 million.

Net assets per share are more than $2, which is a lot higher than the stock price.

In addition, more than $50 million in cash reserves, net assets of $67 million, and liabilities of $14 million...

It appears that the stock price is suspected of being undervalued.

But the main reason is that NetEase does not make money, and the market view is still quite pessimistic, especially the launch of "Westward Journey 1" did not achieve ideal results.

However, these are the last darkness before dawn.

Xia Jingxing browsed NetEase's news, and it said that "Westward Journey 2" will be officially launched next month, that is, in August.

There are also telecom SP value-added services, which is also the life-saving straw for saving the three major portals and Penguin.

At present, these two major businesses are developing and have not yet shown their power.

Xia Jingxing took a look. NetEase will not announce its second-quarter financial report until September, and the stock price will definitely not be what it is now.

After turning off the computer, Xia Jingxing lay back on the bed and began to think about money.

Seeing such a treasure company swaying in front of him and seducing him, I can't bear it.

This taste.

uncomfortable.

Heart like a knife.

He quickly dismissed the distracting thoughts, who is Duan Feite? People who got rich in the 1990s cannot be compared.

I still honestly followed behind and sipped the soup.

Now he is thinking about raising as much money as possible in the short term.

Then, All in!