Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
“I haven’t asked for your advice. How should I address you, uncle?”
Young Master Wang spoke politely. Not only did he express his respect, but he had also shown his willingness to enter a business relationship.
Xu Jiao’s tone was too arrogant, and her choice of words seemed very amateurish. People who had studied economics would not use quantifiers before the “position”, right?
This kind of person might not be bad, but the chance of him being unreliable was very high. Without a clear understanding, Wang Yan would not dare to get involved.
“Xu Haichao!”
Xu Jiao casually reported her father’s name and then spread her hands. “It’s useless to ask about this. If your family doesn’t work in finance, you probably wouldn’t have heard of him.”
Wang Yan tried to recall, but he really did not have any impression of him. In fact, he had only thought of Xu Xiang, a major player in private equity.
“Sister Jiao, can you talk more about private equity in detail? I’m very interested.”
Young Master Wang’s studious attitude made Xu Jiao very happy.
Xu Jiao patiently started from the beginning, opening the door to a new world for Wang Yan.
“There are about 8,000 private equity firms in the Yangtze River Delta, managing a total of around 4.1 trillion yuan. It’s 100 billion more than in Beijing and the two other biggest cities combined. It’s the most active private equity region in the country.”
“You laymen may think that private equity is all about stocks and good futures for businesses, but it is not.”
“Private equity in the sense of the word is very diverse. Securities of private equity cover all kinds of securities, private equity investors invest in all kinds of private equity, including venture capital, such as providing angel funds, and last but not least, the rest of the categories, which are very messy.”
“As for me, I don’t have much professional knowledge, but I am very familiar with the stories in the circle.”
“The statistics on private equity will usually exclude the city of Ningbo because Ningbo alone can compete with the entire Zhejiang Province, which is about the size of the Xinjiang Autonomous Region. That’s why they receive a separate ranking.”
“The reason is naturally because of the famous civilian death squad.”
“And among the more than ten private equity pioneers who single-handedly pushed the establishment and development of the death squad, two of them have the surname Xu…”
Upon hearing this, Wang Yan suddenly came to a realization.
“Xu Xiang and his uncle?”
In the end, Xu Jiao smiled and shook her head. “No, no, no!”
“Huh?”
“First of all, that brother’s real name is Xu Qiang. He has already been detained and put on trial. It was just last month.”
Xu Jiao leisurely leaned back, using her gossip skills to create a powerful aura of a big shot.
“Secondly, the other one is called Xu Hai’ou. He has an older brother and a younger sister who both work in finance. His older brother used to work in Ningbo and later expanded into the private equity business. It’s not convenient for my younger sister to talk about it…”
Previously, Wang Yan had thought that Xu Jiao’s father might have been a big shot in another field, but now he realized that he was actually a big shot in private equity.
The part related to Ningbo might be very deep and murky, and Wang Yan did not want to probe into it.
What was really important was that Xu Jiao had the ability to make money in the market.
Then, he listened to her tell many stories and gossip in the private equity industry. Under Wang Yan’s clever guidance, they finally landed on the topic of dry goods.
“The domestic financial market is basically a zero-sum game, do you understand?”
Wang Yan nodded.
The basic concept was definitely not a problem. Not only was it professional, but the young master himself was also a studious reader.
Xu Jiaojiao continued, “Every year, trillions are moved around — I’m not talking about the market value of the stock market, but the money that flows in and out of the market. Most of the money is from retail investors, and a small part of it is from institutions.”
“If someone is cut off from this, naturally someone else will make a lot of money.”
“So can the market make a lot of money?”
“The answer is yes.”
“Who was making money through it then?”
“Most of the money is made by the state capital, followed by the well-connected investment firms and banks, and then the private equity firms of all sizes.”
“The way to make money was very simple. And there was only one way: to make good use of the gap in information.”
“And now, there was a very clear sign that told my old man he would be able to determine the general trend in the future with 70% certainty.”
“It is not convenient for me to tell you the specific situation. In fact, I was also confused. Anyway, I’ll still tell you directly — ”
“70% chance. Whether you play or not is up to you.”
Was a chance of 70% low?
Wang Yan was a person who truly understood probability theory. He knew very well what that number meant.
If there was a 70% chance of success for something, it meant that there is a 30% chance of failure, the odds were favorable and it had to be done.
Even if they lost this time, it won’t matter. If they can manage to stop losing much more while constantly looking for the next opportunity, they would become a Warren Buffett sooner or later.
Therefore, it was worth it to do it.
Then, the next important point came.
“Sister Jiao, why are you willing to help me?”
Wang Yan asked straightforwardly. Being young itself was an advantage in many areas. It was up to him to see if he could take advantage of it.
Xu Jiao’s answer was equally straightforward, and her attitude was very relaxed.
“First of all, the opponents this time have placed a lot of bets, so you don’t have to worry about not making enough money.”
“Secondly, by pulling you in, I can effectively control my position more and reduce the risk.”
“My old man’s subordinates’ operating style is particularly fierce, and I’m only an amateur player after all. To be honest, I’m a little unable to hold it in.”
“Finally, you have to pay a share according to the rules of the industry. I won’t let you play for free.”
When Xu Jiao said that she would accept the money, Wang Yan heaved a sigh of relief instead.
Her seeking wealth was the best outcome as she might be hiding something behind the scenes if she hadn’t shown any noticeable desires.
What if she coveted my body and spent tens of millions to beg me for children? How bad would it make me feel?
He could discuss it with the new sister. As for Sister Jiao… She was a little reluctant.
“Of course. How much do the industry rules charge?”
“Simple!”
Xu Jiao raised three fingers. “I’m not responsible for losing money. I’ll take 30% of the profits.”
It was very simple. It was more f*cking ruthless than robbing money!
Actually, Wang Yan had seen much more ruthless. In situations like these, taking 50% of the profits was very common.
The new student was afraid that Wang Yan would be unhappy, so he deliberately explained, “Brother, Jiaojiao has already given you face. There are many people in the club who are willing to pay more. Jiaojiao can’t even be bothered to play with them.”
“I understand. Thank you, Sister Jiao!”
Wang Yan nodded sincerely and raised his glass to Xu Jiao.
In fact, it was easy to understand this matter. He had information and background. If he wasn’t willing to make a friend like you, what’s the harm in earning less?
Xu Jiao really thought highly of Wang Yan, but her words were still a little arrogant.
“Little Brother Car God, I don’t really like the things you’re doing now. What’s the point of doing live streams and movies? But I think you’re a capable person. Your future will definitely not be ordinary. Come on, cheers. I wish our friendship will last forever!”
Very good, the motive was complete.
Firstly, Wang Yan’s investment could reduce Xu Jiao’s risk and allow her to make money more safely.
Secondly, on this basis, Wang Yan’s share was an additional profit.
Thirdly, the young master’s own qualities were also very moving.
Whether he was handsome or not was not the point. His temperament, bearings, ability, and skills were all worth looking at.
Xu Jiao was a little similar to Li Yixu. If she was not capable enough herself, then she would not start a business and invest in capable talents.
Wang Yan sorted out Xu Jiao’s thoughts and no longer had any worries in his heart. He drank to his heart’s content.
“Sister Jiao, Wangting Entertainment is part of a very important plan for me, but it cannot be considered a career.”
“This year, I am 20 years old. I have a lot of time to struggle and find a real career.”
“My friends are both my solid support and my comrades-in-arms who have traveled with me all the way, sharing the glory with me. They are far more valuable than money. Let’s toast to our friendship again. Come, I wish our friendship will last forever!”
Wang Yan did not say a word of thanks, but he expressed even more than thanks.
Sincere, frank, ambitious, driven, and good at outlining a bright future. It could not be more perfect.
Xu Jiao slammed the table and cheered loudly, “Well said! Your speech is better than my old man’s. Let’s have another glass!”
The new girl kept sizing up Wang Yan, but she did not dare to lock her eyes on his face all the time. Her eyes were rolling, and it was obvious that she was already infatuated with him.
After another glass of wine, the rest was simple.
Wang Yan took out 50 million cash. The fourth was the first working day after the New Year holiday. Before that, he would transfer it to Xu Jiao. He did not care about anything else.
It was hard to say how much he could earn for the time being. The good thing was that it would be short and fast, and the operating cycle wouldn’t exceed a month.
Although Young Master Wang was stubborn and said that “20-30 million isn’t worth mentioning”, he was actually just boasting.
If he could really get 30 million, this could solve his many problems.
At the very least, with his breathing wages, he could get the [ Attribute modifier ] .
As for where to find the 50 million…
Wang Yan decided to use his card.
He would charge the money into the official account of Wangting Entertainment and then have Wangting Entertainment transfer out the same amount of cash. There were some financial problems, but it was not a big one.
However, the interest-free period of this money was only about 30 days. He could not extend it to 50 days, so he had to enter and exit quickly.
As for the possible loss he might suffer, the young master could afford it.
The most extreme case would be to beg Miss He Miaomiao for money. As long as the modifier was not lost, nothing else would be a problem.
After everything was settled, the three of them were very happy.
There was no need to mention how happy Wang Yan was. Xu Jiao was both earning money and earning favors, so she was also in a great mood.
The new generation was the most interesting. They did not get any benefits and were just happy for Wang Yan. They became the happiest –Wang Yan’s happiness made them even happier.
“Next round, next round, let’s go, you stinking brother!”
“You guys make the decision today, I’ll accompany you with my life regardless of what happens!”
Young Master Wang was very heroic. Then, Xu Jiao and Chuxin looked at each other and licked their lips. Their expressions suddenly became a little dangerous.
“Really?”
“Is this a gentleman’s word?”
Eh?
What on earth are you guys trying to do?