Starting Sign-In from a Billionaire God-Chapter 664: Where Did You Get 1 Million From?
Fan Zheyu felt Lin Fan was too ignorant. Only someone completely oblivious to finance would say something like Lin Fan did.
Turning a base of 1 million into 20 million in one day, who could do that! According to Fan Zheyu’s understanding, no one in this world could achieve that.
Turning 1 million into 20 million isn’t really that hard. Anyone who understands investing knows how to make money using leverage. To put it bluntly, it’s making money by borrowing money. Simply put, you first invest using the principal, sell when the market value rises, then purchase larger assets through loans, and sell again after they appreciate. By continually utilizing leverage like this, turning a starting capital of 1 million into 20 million is not difficult.
The target of this investment is not limited; it could be in real estate, the stock market, or anything that can be legally bought and sold.
The hard part is that this operation requires time; it’s impossible to achieve in one day. As the saying goes, "Rome wasn’t built in a day."
Lin Fan wants to multiply his capital by 20 times in one day, which is extremely difficult.
Unless...
You possess top-tier investment skills that surpass the current world ceiling!
But in Fan Zheyu’s knowledge, even the most badass investing masters in the world today couldn’t do it. 𝑓𝓇𝘦ℯ𝘸𝘦𝑏𝓃𝑜𝘷ℯ𝑙.𝑐𝑜𝓂
"Lin Fan, you are too ignorant!" Fan Zheyu mocked Lin Fan, saying only an investing novice would say such ignorant things as Lin Fan.
Lin Fan smiled and said, "Just because you can’t do it doesn’t mean others can’t either."
Fan Zheyu snorted, "Hillbilly, at least I am a top student from the finance department at Harvard University. Who are you? Can you be more knowledgeable than I am?"
Lin Fan replied, "What if I told you, I actually am more knowledgeable than you?"
Fan Zheyu laughed angrily, "Hillbilly talking nonsense. I admit you have more strength than me, but you actually dare to compare investments with me? You are truly overconfident and ignorant. Fine, I’ll treat it as a joke then. Tell me, who can achieve it in a day?"
Lin Fan pointed at himself and said, "Me."
What?
Fan Zheyu was stunned for a moment, then burst into laughter, thinking he had heard the biggest joke ever.
Lin Fan took out his phone and checked the time and said, "It is now 9:28 AM, and in two minutes, the stock market will open. Keep your eye on the Growth Enterprise Market. Now that the restrictions on the Growth Enterprise Market have been lifted, new stocks are not capped. If you want to witness a wealth myth, pay attention to a certain new stock that appears today. Don’t hesitate with your capital; throw it all in. By this time tomorrow, your million will become tens of millions."
Fan Zheyu, who had been laughing, suddenly found it hard to laugh at these words.
"A new stock?"
Fan Zheyu murmured. If Lin Fan were just an investment novice, he wouldn’t have been able to say such a thing; his words were actually quite convincing.
"Hillbilly, what do you know about investment? What new stock? Just name it!" Fan Zheyu sneered.
Lin Fan smiled faintly, "If I said it, wouldn’t everyone have the chance to increase by 20 times? You’ll find out at three o’clock this afternoon."
Fan Zheyu snorted, then took out his phone and made a call: "Check which new stocks are on the Growth Enterprise Market, keep an eye on their trends, and if there is a significant rise, report to me immediately."
Two minutes quickly passed.
At 9:30, the stock market officially opened.
Today, there are 18 new stocks on the Growth Enterprise Market. Which one is the super new stock that Lin Fan mentioned?
Fan Zheyu was on the phone with his assistant, keeping an eye on the new stocks’ trends.
"Lisen New Energy opened with a 3-point rise and is currently the best-performing new stock. Xiaxing Technology opened with a 1-point rise; it’s stable and follows closely behind. Meanwhile, Kangtai Biological Pharmaceutical opened with a decline..."
After listening to a round, Fan Zheyu closed his phone.
"Ridiculous, hillbilly, you are too ridiculous. With today’s market, you tell me there’s a super new stock that can increase by 20 times? You don’t need a finance major from Harvard University to judge; any freshman in a mediocre university would know how absurd this is. As expected of a hillbilly, with no knowledge at all!"
Fan Zheyu taunted.
Lin Fan said, "Instead of wasting time talking nonsense here, you’d better reconsider, or rather, you, a graduate from Harvard, won’t be much better than a freshman from a mediocre university."
Fan Zheyu snorted, "Lin Fan, do you know what a ’folk scientist’ is?"
Lin Fan replied, "I know it’s a derogatory term."
Fan Zheyu said, "You do know it’s a derogatory term. Aren’t you just a folk scientist!"
The term "folk scientist," short for "folk science enthusiast," is a term filled with sarcasm. It differentiates from professional scholars, who acquire professional knowledge through official education and become professionals. On the other hand, folk scientists can’t receive systematic education and must rely on self-learning for knowledge, often leading to fragmented and disorganized knowledge.
Still, folk scientists boast with unshakable confidence, as if they were gods in their fields.
However, what they express is full of loopholes from a professional perspective, practically a joke.
For instance, a folk scientist in military matters talks on and on about international situations, as if they are a world-class strategic master. It’s a great waste that the country doesn’t ask him to lead the army, navy, and air force.
However, to real military experts, these folk scientists’ views are unrealistic, just empty talk that can’t be put into real practice.
Now Fan Zheyu, a top student in finance at Harvard University, was calling Lin Fan a folk scientist, mocking him as amateur and unrealistic.
Lin Fan was not bothered by his sarcasm and smiled slightly, "Top student, you can keep on arguing here. While you were chatting on the phone, I already invested a million in the market. Let’s just wait for the result."
Fan Zheyu laughed out loud, "Hillbilly, who are you fooling? For someone like you, having a hundred bucks would be great. Where did you get a million to buy stocks? It’s ridiculous!"
Wei Yue’er said, "Mr. Fan, in insulting Lin Fan, you’re insulting me too. I personally watched Lin Fan buy, could there be a mistake?"
Fan Zheyu stopped laughing, getting annoyed, "Yue’er, you actually lent money to this hillbilly. That was a million; you lent him to buy stocks, was just like throwing it into the sea. You taking sides with this hillbilly really disappoints me!"
Wei Yue’er replied with a sweat drop, "What nonsense are you talking? I don’t even have a million to lend him, it’s all his own money, just a mere million. Does Lin Fan need to borrow from anyone?"
Wei Yue’er looked at Fan Zheyu, her face practically screaming, "Look at how clueless you are."
Fan Zheyu said, "What, this hillbilly can casually put up a million to buy stocks, how is that possible?"
Wei Yue’er said, "Are you saying that the richest man in Yun City can’t even come up with a million to buy stocks?"
What?
Fan Zheyu was stunned.
