The penniless son of the penniless ...

Chapter 360 Questioning Zhang Junfeng

Anne Hathaway-Morgan's unique greeting made Zhang Junfeng stunned for a moment, and then he smiled and said to her, "Miss Anne is also very beautiful. I thought it was a big star from Hollywood!"

Anne Hathaway-Morgan couldn't help laughing when she heard Zhang Junfeng's funny compliment, and quickly covered her face with her hands. She didn't expect that Zhang Junfeng, an investment expert, actually had such a humorous side. What a funny man!
Nacho Morgan showed a look of joy when he saw this scene. Isn't this a good start what he wanted to see?
Under Nacho Morgan's deliberate arrangement, Anne Hathaway-Morgan and Zhang Junfeng came to a corner of the banquet hall to chat, while others including Wu Xiuying were invited to rest in the banquet hall next door.

Zhang Junfeng just smiled helplessly at Nacho Morgan's arrangement and didn't say much. Since he was here, he should make the best of it. As the organizer of the banquet, Nacho Morgan had already made all the arrangements. As a guest attending the banquet, he only needed to follow the other party's arrangements.

While Zhang Junfeng and Anne Hathaway-Morgan were chatting, other invited guests arrived one after another.

Among them are some elites related to JPMorgan Chase, such as Li Jing, secretary of the JPMorgan Chase board of directors (who later became managing director of JPMorgan Chase Asia Pacific), Sun Wei, head of Morgan Stanley's credit department (who later became CEO of Morgan Stanley's Longguo region), and Bonny Brett, president of JPMorgan Chase's investment bank.

……

As if seeing an acquaintance, Bonnie Brett smiled and came over to greet Zhang Junfeng after seeing him. "Congratulations, Mr. Zhang! Daum's stock price has risen quite well. According to the analysis of our investment consultant, Daum's market value is expected to reach 50-60 billion US dollars!"

Zhang Junfeng smiled brightly, "We have to thank the investment bank for its strong support. Otherwise, it would not be so easy to hype up Daum's stock price."

After hearing the conversation between the president of the investment bank and Zhang Junfeng, several people present subconsciously looked at Zhang Junfeng.

Before they came to the banquet, they had heard Nacho Morgan talk about it. He mainly wanted to introduce them to Zhang Junfeng, the head of Comet Capital, so that they might have business dealings in the future. As for Zhang Junfeng and Comet Capital, they had also heard that the investors of American Internet Technology Company had made great gains in the past few months.

But what surprised them was that Zhang Junfeng, who was considered an investment genius by Nacho Morgan, actually directed Comet Capital to sell off almost 80% to 90% of the stocks it held in a number of Internet technology companies at the end of last month. Now he is trying to get the company listed?
This operation really confused them. You know, the stock prices of these Internet companies are still rising, and the increase is quite amazing. Although Wall Street's current "eyeball valuation method" is not very reliable, the current market is still hot, and the rising market of those Internet technology companies will continue for a while. Isn't the other party's operation too unwise?

As if he had seen through other people's thoughts, Zhang Junfeng smiled calmly and said, "As an investor, it is impossible to buy at the lowest point and sell at the highest point when investing. What I can guarantee is that my income has reached my expectations, and I just need to put the money in my pocket."

Hearing Zhang Junfeng say this, the others present were stunned. They had certainly heard of this concept. However, most of the investors who were experienced and over 30 years old would adopt a safe investment strategy. Zhang Junfeng, who was so young, adopted this method. It was a bit... wrong, right? The younger JPMorgan Chase board secretary Li Jing and Morgan Stanley credit department director Sun Wei were somewhat dissatisfied with Zhang Junfeng's overly cautious investment method. After all, the loss of profits after leaving the market early was not a small amount. According to the conclusion given by their data analysts, the stock price of American Internet Technology Company could rise by at least %!

Doesn't Zhang Junfeng, the so-called investment genius, seem to be that great? If they were to do it, they would definitely not withdraw and cash out in advance, and the income would definitely be more than Zhang Junfeng's.

Nacho Morgan, who knew the inside story, and Bonnie Brett, the steady president of an investment bank, quite agreed with Zhang Junfeng's investment view. For small investments, they could be bold and make the profits they could get to the limit. Even if there was a loss, it would only be a loss of the principal, which was not a big deal for them.

However, once the scale of investment reaches billions or tens of billions of dollars, the psychological pressure on the entire investment team is unprecedented. Especially in the stock market, once there is an emergency, the profits earned from the previous investment are likely to vanish in just a few minutes, and the huge principal will suffer losses!
Once such an investment incurs a loss, it can easily amount to tens of millions or even hundreds of millions of dollars. Even among the peers present, few can afford such a heavy loss. This is because a large part of the funds used by a financial institution for investment comes from the institution's own financial services, which are financed through channels.

……

As the drinks went on, these savvy colleagues asked Zhang Junfeng about his views and predictions for the future of the Internet industry. Zhang Junfeng naturally would not tell the truth, but just smiled and said that he was still optimistic about the future prospects of Internet technology companies, so he set up an Internet company (daum) in Korea to see if a large Internet technology company could be incubated in Asia.

These people nodded thoughtfully, but it was unknown how they viewed Zhang Junfeng's point of view.

They soon started chatting with Nacho Morgan, the CEO of JPMorgan Chase. In their minds, this was the most important person in this banquet who could not be ignored! Being able to get the praise and support from Nacho Morgan would definitely be a huge help to them!
……

"I can see that you seem very cautious, and possess a steadiness and maturity far beyond your peers." Anne Hathaway-Morgan saw others leaving one after another, so she came to Zhang Junfeng with a glass of champagne, clinked glasses with him with a smile, and expressed her opinion.

Zhang Junfeng raised his lips and smiled brightly. "Thank you. This is probably the most sincere compliment I have heard today. They may think that my investment in the Internet industry is too conservative and should be more aggressive."

(End of this chapter)