Only after being reborn did I realize how fascinating the world of the rich is.

Cao Jinpeng smiled and said, "Let's not talk about these things that are irrelevant to us. The Shen sisters have gone abroad and have their own destiny."

What makes me even more emotional is that the Wei family has truly fallen into complete ruin. Do you know what Wei Jianjun is doing now?

"What is he doing?"

"Do you still remember Zheng Xiaojuan, who used to work for you? Wei Jianjun is now her henchman, running errands for her!"

Upon hearing this news, Li Xiaofeng was taken aback and quickly asked, "Isn't Zheng Xiaojuan involved in the escort business? How did she get mixed up with Wei Jianjun?"

"Don't forget, Wei Jianjun used to work in nightclubs, so he has some resources like that. Besides, isn't Zheng Xiaojuan related to Secretary Zheng?"

Perhaps encouraged by Wei Jianjun, Zheng Xiaojuan is now not only involved in the escort business, but also using these beautiful women to get construction site contracts through connections with higher-ups!

"Can Zheng Xiaojuan manage a construction site?"

"Of course she couldn't do it, and she didn't intend to. She was a middleman, partnering with Wei Jianjun to set up a shell company, subcontracting the construction sites they got to others and making a profit from the difference."

Li Xiaofeng smiled and shook his head: "If she continues like this, she might one day follow the path of the Shen sisters, and even implicate a large number of people."

Cao Jinpeng, however, disagreed, saying, "Don't make sarcastic remarks. It's not easy for a girl from an ordinary background to make something of herself. It's not easy for her to have struggled to get to where she is today."

"There are many people in this world who have it tough. She is taking shortcuts instead of working hard. Seizing opportunities and working hard are different from taking shortcuts. Taking shortcuts comes at a price."

She took a shortcut from the start, and it was also a stroke of luck that she managed to cultivate relationships with Secretary Zheng and Bank Manager Song. This shortcut made her progress too smoothly, and she mistook it for the path to success.

Do you think she's not successful now?

"If nothing goes wrong, it's a success. If something goes wrong, it's a completely different story. Anyway, I will definitely not take shortcuts. Temporary glory does not mean success. The one who laughs last laughs best."

Cao Jinpeng smiled and shook his head: "I think the outcome of life is important, but the process is even more important. Even if something goes wrong in the end, it's worth it if you enjoy the process in between. It's better than living a mediocre life."

Li Xiaofeng retorted sarcastically, "It's like you dumped all your real estate holdings to start this lousy real estate company? You're only after a moment of glory, but in the second half of your life, you'll leave the entire Cao family to starve?"

"Third brother, even though your business is very large, you're not necessarily right about everything. I just don't understand. Everyone knows that the real estate business is booming right now, so why do you think that the real estate business is not good?"

"The real estate business is certainly doing very well now, but if you look at the history of real estate abroad, it's impossible for it to continue to develop at such a high speed indefinitely. It will definitely fall into a trough at some point."

More importantly, real estate is a long-cycle industry. In addition to real estate projects under construction and unsold projects, most real estate companies have also hoarded a lot of land.

Therefore, once you enter the real estate industry, especially after your company grows large, it's not so easy to stop.

Although I am also involved in real estate, I am only speculating on houses and profiting from the rise in the real estate industry. Moreover, the real estate I invest in are all high-quality properties in Shanghai.

If the real estate industry ever stops growing and enters a period of stagnation, it will definitely start in third- and fourth-tier cities and gradually spread to first- and second-tier cities. I will have enough time to sell off my real estate holdings.

Cao Jinpeng smiled and said dismissively, "Third brother, you're being too absolute. Let's see what happens in ten years. Maybe by then, my net worth will have far surpassed yours."

Li Xiaofeng smiled and said in a calm tone, "Okay, let's see how it goes in ten years. Don't come running to me for help then, because I definitely won't save you, and I can't save you!"

"Third brother, every industry has a development cycle. Actually, the problem you mentioned is about the diversified development of enterprises. Don't put all your eggs in one basket."

While I don't entirely agree with your points, diversified operations are indeed a realistic development direction for the company. It's just that I've only recently taken over Puyu Real Estate, and we haven't reached that stage of diversified development yet.

After hearing Cao Jinpeng's words, Li Xiaofeng couldn't help but shake his head slightly.

Li Ka-shing, Hong Kong's richest man, once said that these mainland tycoons have never experienced an economic crisis and do not understand the principle of knowing when to quit while they are ahead. Only after the tide recedes will you find out who was swimming naked.

They've had too good a life, too comfortable. The real estate tycoons of this era can never imagine how terrible it will be when the real estate market enters a winter.

One by one, the once-glorious real estate tycoons have collapsed, and the larger the scale, the more devastating the consequences.

They thought the real estate market was deeply tied to local finances and banks, so they could rest easy, and that if a crisis occurred, the central government would definitely do everything in its power to rescue the market.

Little did they know that the snowball would only grow bigger and bigger. When it reached a certain size, no one could lift it or save it. They could only watch helplessly as the snowball rolled downhill, sweeping away everything that dared to stand in its way.

"Boss, actually my Li Group is not diversifying, but integrating resources and concentrating our efforts on development as much as possible."

For example, my company, Vertex Media, may seem to be doing a lot of things, but in fact, they are all ways to build a moat for itself and strengthen its overall competitiveness.

Companies like Meiyi Media, which rely solely on external funding to survive, will definitely not be able to compete with me if they cannot make timely changes. Therefore, I am not worried at all.

With the rapid development of our domestic economy, competition will inevitably become increasingly fierce. Those who are more competitive will survive, and large companies without competitiveness will gradually be eliminated by the market.

"So, do you have any good suggestions? Which industry currently has relatively better development prospects?"

"That goes without saying. One is the high-tech field, and the other is the internet field. Technology is the primary productive force, so there's no need to elaborate. The future business giants will definitely all be technology giants."

As for the internet sector, it has already begun to change people's lifestyles. In the future, people will heavily rely on the internet for product purchases, social interactions, and entertainment.