Ma Shiheng shares what he has seen and heard after eating a bowl of noodles and asks his boss to sell shares quickly | Wendona's Notes

Financial News

Written by: Wendona

2021-01-17 10:00

Last update date: 2021-01-17 10:00

The new crown epidemic has swept the world, but the global stock market continues to hit new highs. There is no lack of Beisheng Technology Internet stocks. The former chairman of MTR (0066) Ma Shiheng attended an online program to talk about his views on the stock market.

Congee shop noodles awareness market conditions "crazy"

He confessed in the program that he had been rolling in the stock market for more than 40 years and had seen many big scenes. In 1973, Ma Shiheng, who was still his first brother in the workplace, saw that the stock market was in full swing, and he still had to settle the paper sheet by sheet. An interesting scene appeared in the stock market. A stock dealer hired some "big" off-duty firefighters to transport trucks of stocks back and forth in Central.

In addition, he also recalled that in 1997 when everyone was speculating on stocks, he went to a porridge shop to eat noodles. Two guys talked and asked if the other party had bought Beijing Enterprises (0392). He felt that he was waiting for it. Every student knows how to "talk" about stocks, which can be said to be "shares for all people." This is definitely not a good thing. "When everyone goes after the same thing, the risk of collapse is definitely the highest!" As a result, he returned to the office after eating his noodles. Immediately and Yu Jingbo, the owner of the Kumagai team, said frankly, "If you don’t want to (take over) your business and your company’s stock, it’s better to sell the ghosts!" When Jingbo asked why, Ma Shiheng explained. "Because even noodles and other people talk about stocks, every stock must be at a high price." In the end, the stock market really "exploded."

Ma Shiheng pointed out that some people recently suggested that he buy A shares, but he felt too complicated, so he decided to make index-related investments.

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Investment is not speculation

Success has seen the slightest knowledge, but Ma Shiheng said that "no one has a crystal ball." Many analysts have predicted that 51% of the hit rate is quite good, because no one can estimate everything.

Based on his many years of experience in the financial industry, he also wants to share some experience.

First, investors and friends should not "trust the bastard". He himself has tried to be called by his friends to ask for "the bastard", but he can only say "Excuse me, I won't ask for you to buy" because This is speculation, just "speculation."

Ma Shiheng revealed to Wendona that there were some "Baa Bae Party" who added him to the investment group, and he immediately eliminated him, "This is the most dangerous, weird, and the most important investment is to do what you can, don't think you win. tight!"

The second point is to diversify the risks, because no one will get everything. You can’t just listen to one person, or even bet all your money on one or two stocks. You will often encourage your friends to do a good "Allocation" (asset allocation), if you are a person of retirement age like you are, you will buy more bonds instead of a lot of stocks.

As for what stocks to buy and how much it accounts for in the investment portfolio, you must think clearly.

Ma Shiheng revealed that he currently has 30% of stocks and 70% of bonds, but if he is now 30 years old, he will do the opposite, because even if he loses, he can recover it.

He told Wendona that if investors don’t know how to do their homework, it might be better to buy funds and indexes. "Don’t worry, follow a market. It’s like me. I don’t know how to buy technology stocks and buy related funds. Recently someone Asking me to buy A-shares, I feel too complicated, and I buy indexes."

Doing enough homework is very important. In interviews, Ma Shiheng constantly reminded him to be clear about the prospects and management of each company, including corporate governance. Some companies have very poor governance and don’t buy it.

(Photo by Gong Jiasheng)

Share developed examples, talk about luck, test endurance

Ma Shiheng does not hesitate to say that investment is a good deal of psychological quality, and the golden rules are nothing more than "people forsake me to take" and "reverse thinking."

Although it seems easy, it is difficult to do. "You always have to pay some tuition."

He also told Wendona that investment should not be too emotional. "It's like HSBC. Many people buy hundreds of mosquitoes, thinking that the company must be good. The current market gameplay is different, the fluctuations are huge, and the information is too much. I may buy it today, but it will change in two days!"

In the past year, there has been no shortage of multiplying stocks in the market, and I feel that I can retire if I buy one. Ma Shiheng said that he has seen a few examples of development, but he has to pay attention to luck and endurance.

He shared two real examples to Wendona.

One is that more than ten or twenty years ago, Jack Ma was not yet famous, and he still needed to go out and look for investors.

A Beijing friend of Ma Shiheng and his brother-in-law went to Shanghai to meet Ma Yun. At first, he saw Ma Yun's special appearance and a bad impression, so he went shopping, leaving only his brother-in-law to listen to Ma Yun's introduction.

After that, my brother-in-law thought it was possible to invest, so this Beijing friend invested 1 million U.S. dollars, and the final return was 100 million yuan.

Another example is that a rich second-generation in the city invested in Bitcoin in the early years at a cost of more than one thousand U.S. dollars each. In the end, he made a lot of money, "Ye Zhongwei passed the old bean, there is a private jet!"

It has never been easy to develop. Ma Shiheng reminded Wendona that the stock market is like the ocean, and it can no longer be upset. The reason is that the U.S. stock market reached new highs during the epidemic and lacked economic factors. It was only driven by low interest rates and water release, so be extra careful , "Do your best and diversify risks, don't have too much leverage!"

Ma Shixiang reminded investors that the rise of U.S. stocks during the epidemic is related to low interest rates and water release, and they must be extra careful.

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