©FreeWebNovel
Reaching the age of thirty, my income randomly doubled-Chapter 896 - 674th Summer Vacation is Coming_2
Just by his years of correct investments in Tesla, Google, Microsoft, and NVIDIA, it’s clear.
Chen Pingsheng’s reputation on Wall Street is even more exaggerated than it is in Magic City.
Describing him as the "Investment God of the Tech World" is no exaggeration.
Here, everything is dictated by capital.
Of course, the prerequisite is respecting local laws, which holds true everywhere.
When he was on Wall Street before, he had only rented a few floors of office space.
Later, as his enterprise grew larger, he outright purchased a 68-floor skyscraper as the global headquarters for Tengfei Capital.
The Tengying Economic Research Institute also set its headquarters here, along with his series of group subsidiaries.
It can be said that his Tengying Group has long expanded beyond the domestic market, focusing its objectives and investments on the global stage.
He can acquire global information so quickly, primarily due to this global headquarters of Tengfei Capital.
Recently, Er Piya and Chen An’an are not here for vacation but rather for a two-month internship.
When the company takes a break, they can take one too, but conversely, when the company works, they also need to work.
There are plenty of tycoons from China residing on Wall Street, many of whom are extremely wealthy individuals.
In addition, some people with unspeakable reasons also live here long-term.
Tong Zelan has always been on Wall Street, as has Shen Nanpeng.
To put it plainly, if we chose the ten most famous investment capitals in the world,
At least half of them are located here—no exaggeration.
This time Chen Pingsheng came with his entire family, and his headquarters office is located on the top floor, thanks to his immense fame.
Tong Zelan even suggested he host a grand evening party, inviting Chinese individuals in America to participate.
At the same time, he could announce his arrival to everyone; truthfully, he absolutely has the qualifications to do so.
In China, his reputation is not as good as Mr. Ma’s, nor as good as Penguin Ma’s.
But overseas, especially on Wall Street, it’s a completely different story.
His reputation as the most notable and mysterious among Chinese people stands at the top.
In eight years, he personally earned no less than 300 billion dollars from Tesla.
He also became NVIDIA’s largest individual shareholder and is one of the top ten investors in Google and Microsoft.
Simply based on these credentials, no one can compare to him in the realm of investment.
Not to mention his 200-billion-dollar super factory investment here, along with countless other research institutes.
According to Tong Zelan, she hopes he would become the chairman of the local business association.
In America, there are many business associations—large ones like Zhejiang Business and Jin Business.
Many of their members are extremely united, helping each other out, as they are all living abroad.
Chen Pingsheng feels it’s meaningless; he won’t stay abroad for too long. This trip is primarily to help Chen An’an and Er Piya cultivate a global perspective.
To put it plainly, he brought his daughters here to broaden their horizons, not to reside here permanently.
Joining him on this trip is his secretarial team led by Tang Jing, whose English is excellent and can assist as his translator whenever needed.
Er Piya, on the other hand, is quite relaxed, arranged as an intern in the Economic Research Institute.
She even received five hundred million to play around with investing in U.S. stocks.
Whether she can earn money or not depends entirely on herself.
Chen An’an, by contrast, was placed by his side with Tang Jing. Chen Pingsheng didn’t give her direct cash but rather handed her the annual rental income from Tengchao Commercial Management.
Roughly 3.8 billion, which she can also freely use.
All of this is still intended for investing in U.S. stocks; whether she can make money remains uncertain.
This is akin to watching the World Cup—without putting money in, the excitement simply isn’t there.
But once you invest money, you’ll undoubtedly cheer along.
Even when they arrive on Wall Street, they are undeniably top-tier elites.
You should know that the lawyers hired within his headquarters building number no less than a hundred, and they are all the best of the best.
In addition to advisors, many are retired top executives.
These people can completely help him resolve any trouble he may encounter in America.
Chen Pingsheng came here solely for the sake of his children—not to host gatherings or participate in lectures. If anyone wishes to meet him, they need to book several days in advance.
The days pass calmly.
Their entire family arrived at Wall Street quietly, and before they knew it, half a month had already passed.
Chen An’an spends her days closely monitoring the U.S. stock market—this is her biggest venture yet.
Previously, she wasn’t playing with small amounts, but nothing like she has now—over 3 billion at her disposal.
Although she cannot obtain detailed investment information from Tang Jing’s team, she can learn about global industry trends from here.
This includes new policies from various countries and the influence of such policies, as well as projected future developments.
These are things that every top-tier investment group must stay updated on.
Chen Pingsheng spends tens of billions annually to maintain the Tengying Global Economic Research Institute, dedicated to handling this work.
What Chen An’an needs to do is filter valuable and appreciating information from this pool.
Like her elder sister, Er Piya shows talent not only in academics but also in a strong sensitivity to numbers, possessing her own method for analyzing and selecting information.
Five hundred million, to be honest, is nothing on Wall Street.
Major companies here regularly deal in hundreds of billions of dollars; tossing five hundred million into the market barely creates a ripple.
Apart from investing in U.S. stocks, she can also channel money into various developing countries.
Everything depends on her own choices.
Tang Jing came over to report to him, "Boss, An’an has selected two low-priced stocks and invested sixty million dollars each—she’s planning to bottom-fish."
"Bottom-fishing sounds simple, but most people end up fishing at mid-mountain levels instead."
Tang Jing responded, "They’re still young; it will take them a long time to correctly distinguish between a valley and mid-mountain."
"Yes, it will certainly take some time."
Chen Pingsheng said, "This stock market stuff, no matter how much advanced theory you learn, its core judgment still boils down to evaluating a company’s future growth expectation. If the expectation is significantly below the current stock price, that’s investment; if it’s above, then it’s speculation."
"Boss, why don’t you personally teach them this? If you’d teach, they’d undoubtedly learn it quickly."
"It’s not as easy as you think. The theories others share are the results of their practical experience. Only by personally trying will they continuously summarize their experiences and find their own investment path."
It can be said that he goes to great lengths in teaching his daughters—every summer he arranges special activities.
In previous years, he had them handle their own company investment projects, and now he’s having them learn how to judge stock market investments.
This is what’s called "the game of capital."
Ordinary people earn money through effort; the middle class earns through intellect.
These two, however, are entirely engaged in capital operations.
It’s hard to predict their future, but the cultivation direction unquestionably remains correct.
Er Piya initially struggled to adapt, but she quickly found the game very enjoyable.
Invest five hundred million today, and the next day it might grow to six hundred million.
Or it might shrink to four hundred or even three hundred million.
The variation in money relies entirely on her own judgment, determining whether she hits the rising stocks.
This is akin to gambling, with a natural sense of thrill.
Er Piya quickly became enamored with the game, even mobilizing some of the top professionals from the big corporation to assist her.
They analyzed and discovered opportunities for her.
At first, her profits continued to grow steadily.
Later, it took a downturn, falling continuously.
Chen An’an, however, was different—she had more money and preferred bottom-fishing.
These stocks are usually on a downward trend and have been for quite some time.
After her investment, some of them rose, while others continued to fall. freewebnσvel.cѳm
The valleys she thought she was buying into turned out to be mid-mountain levels.
The two sisters became deeply absorbed in stock trading, momentarily unable to extricate themselves—this is a common phenomenon for beginners in this field.
They’re drawn to the thrill of it all, and perhaps once they grow accustomed to it, they will achieve a sense of serenity.
The information in the research institute is overwhelming and abundant.
It’s constantly gathered, analyzed, and ultimately presented to them.
These pieces of information may seem unrelated to the stock market, but each one is deeply connected.
They must rely on their own judgment.
Clearly, Chen Pingsheng is sharpening their ability to make decisions.
Wall Street—a topic that no elite family can avoid.
The world’s wealthiest individuals inevitably have some degree of connection to this place.