Tao Liangchen

Chapter 639 Metaphysics

February 17th.

Su Yehao saw the news about Microsoft releasing Windows 2000 on the news, and also brought his iB.

The NASDAQ index was still rising. Su Yehao and Deputy Dean Zheng Yongwen were holding back, and there wasn't much to do other than collecting relevant information.

As a member of the ten-billion-dollar club, he had attended a party held by the chairman of Goldman Sachs a few days ago, and in the past two days, other strangers had invited Su Yehao to parties.

Not only that, but some entrepreneurs took the initiative to come to the hotel to seek investment. In addition, a director came to the hotel to visit him, hoping to raise enough funds to shoot an art film that sounded like it had no market.

There weren't that many cases of unrecognized talent.

Good projects are usually snapped up for investment, and good scripts are never short of a market.

With the Federal Reserve continuing to raise interest rates, hot money in the US market had already picked out the best projects. Su Yehao didn't have the habit of being a sucker, so he refused all of them.

During this period, real estate agents recommended luxury homes on Long Island and next to Central Park to him.

In recent years, not only had Silicon Valley property prices soared, but New York's housing market had also repeatedly broken new highs. Since he had never thought of settling in New York, Su Yehao naturally had no intention of buying a house.

Local officials also sent people to sell him a plan called "Digital New York," hoping to persuade him to move his technology company to New York for development.

The only advantage Su Yehao could think of in moving the company to New York was that it would be easier to attract talent. However, there were a lot of disadvantages, including high living costs for employees, high taxes, inconvenient transportation, and a lack of supporting industries. Therefore, he only said he would consider it, but in reality, he had no intention of actually considering it.

Noon on the 17th.

Su Yehao and Zheng Yongwen came to Chinatown in Lower Manhattan and found a Chinese restaurant for lunch.

While drinking tomato and egg soup, Zheng Yongwen said to him:

"After analyzing it these past few days, I've come to the conclusion that there's no logic to it. It's too difficult to find clues from subtle signs. The market is already in an irrational state. So don't stare at me. I can't help much this time. Maybe the market will crash after this meal, or maybe the stock market will be the same in a month or two. It all depends on luck."

"...Even you experts can't be sure, so wouldn't I be even more screwed? Don't say things like relying on luck to the students at Hong Kong University, it'll make you seem unprofessional and damage your image."

Su Yehao held his rice bowl, crossed his legs, and ate spicy chicken and twice-cooked pork with his rice.

The owner of this restaurant was an early immigrant who mainly catered to the local Chinese community, and the food was quite authentic.

Previously, Su Yehao had ordered Chinese takeout at the hotel, and everything, including General Tso's chicken, sweet and sour pork, and spring rolls, had been modified into bizarre flavors that Americans liked, causing all his taste buds to protest.

The feeling was probably similar to an Italian eating pineapple pizza. The first thought in his head was "What the hell is this?" and his face would wrinkle up with just one bite.

Having learned his lesson, Su Yehao was unwilling to trust those takeout restaurants again, even if it meant taking the time to travel all the way to Chinatown.

After hearing his words, Zheng Yongwen sighed helplessly and continued:

"I can't help it. According to market data, the average price-to-earnings ratio of these internet companies has risen to almost 160 times, which is almost four to five times that of the New York Stock Exchange. In the past, no one would have believed such an average price-to-earnings ratio, but the market is not affected at all and continues to rise."

"Young Master, I'm a financial expert, not a fortune teller. How can you expect me to make a decision in this illogical market? After looking at it, I can only pay attention to the trend of market confidence. A small storm might cause the entire building to collapse. Another thing to pay attention to is the Federal Reserve's interest rate hikes. The market and I agree that there will only be one or two more rounds of interest rate hikes at most. It's impossible to let the NASDAQ bubble slowly deflate..."

Although Su Yehao was teasing him, he didn't doubt Zheng Yongwen's vision.

In terms of professional level, Zheng Yongwen, an expert who was capable of becoming the chief financial advisor to the Hong Kong government, was definitely much more capable than a half-baked amateur like him.

The NASDAQ market was so crazy that it was indeed difficult to predict the trend in the coming period. If he rashly entered the market, he might suffer heavy losses in just a few days, just like last time.

Faced with this crazy bull, no one could predict when it would stop. With the support of the positive news of the Federal Reserve's interest rate hikes, the underlying logic of the stock market's rise was still there. Whether from a macroeconomic perspective or the micro-prospects of the internet companies themselves, it made the surge in technology stocks reasonable.

After all, the broadband penetration rate in the United States was only about 2%, and the sales of personal computers hit a new high last year. Although many internet companies are not making money now, it doesn't prevent investors from believing that they will make money in the future. The user growth data is indeed impressive.

More importantly, shareholders have discovered that investing in them can still make money, and the gains are particularly amazing. Therefore, they are still willing to invest money in them, which is what Zheng Yongwen calls market confidence.

Su Yehao ate spicy chicken, took a sip of tea to relieve the spiciness, and shook his head, saying:

"The media knows that I sold Yahoo, Cisco, and other stocks, and now they all say that I have no vision and that I'm running out of talent. Since I sold Yahoo, its increase has been almost eighty or ninety percent. In fact, I also made a fortune through stock options and futures. Those guys, in order to attract readers, didn't even mention this and only focused on the fact that I lost more than 300 million US dollars in investment, which greatly affects the development of my 5s Asset Management Company."

As soon as he finished speaking, Su Yehao took out his phone and called someone.

Zheng Yongwen raised his head and asked curiously, "Who are you calling? Do you have something to do this afternoon?"

"Didn't you say that this kind of thing depends on luck? I'm looking for an expert to ask. Sure enough, all knowledge leads to metaphysics. It's the middle of the night in Casino, 1997, but since business is coming to my door, he shouldn't blame me, right?"

He put the phone to his ear. After a few rings, it was answered, and Su Yehao said with a smile, "Great Immortal Huang! Long time no see. I have a big deal I want to ask you to help with. Can you help me find a good day for gambling in the next month or two? As long as I win, I definitely won't skimp on a reward of a hundred or two hundred thousand."

"..."

Zheng Yongwen was silent for a long time. After Su Yehao hung up the phone, he asked curiously, "Huang Daxian, the feng shui master from Casino, 1997? I've heard of him. What did he say?"

Su Yehao said with a smile, "The Great Immortal needs to study it and will give me an answer later."

Normally, if anyone dared to say that they were looking for a fortune teller to help with stock trading, Su Yehao and Zheng Yongwen would definitely sneer at them and call them crazy.

Now, however, they both felt that it was reasonable. They had been observing in New York for a week, and while they couldn't say they had made no progress, they had indeed gained nothing.

They were really out of options...