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Chapter 291 The Silly Girl Won't Go Hungry
Chapter 291 The Silly Girl Won't Go Hungry (Seeking Monthly Tickets)
"Oh my, you're such a good-looking child, much better looking than on TV."
An Feng's grandmother held Qi Hao's hand, extremely satisfied.
In her simple mind, as long as her granddaughter is happy, that's all that matters.
Although her daughter married someone she liked but the marriage didn't last long, she always felt that life is so long, how agonizing it would be to be with someone you don't like.
She asked An Feng if she really liked Qi Hao.
It's simply liking the person, not liking his conditions, and not being moved by his ardent pursuit.
An Feng's answer was straightforward.
She told her grandmother that she and Qi Hao were like characters in the movie "A Little Thing Called First Love," having secretly liked each other for several years. However, the circumstances weren't right then, so they didn't get together.
But they've always thought about each other all these years, and it wasn't until recently that they finally confessed their feelings.
Elderly people love to hear stories of lovers finally getting married, and they immediately feel that their granddaughter and the young man are destined to be together.
"Thank you, Grandma. I'm embarrassed by your praise."
Qi Hao smiled happily.
"Grandma, please don't praise him like that. If you keep praising him, he'll get all high and mighty."
An Feng spoke up for them from the side.
Qi Hao quickly became friends with her family.
When they saw that Qi Hao could still go into the kitchen and cook two dishes, the whole family stopped criticizing him.
Our silly girl won't go hungry.
Even Ms. Liu began to doubt whether she had made a mistake in opposing Qi Hao getting too close to her daughter.
Now that things have come to this point, previous opposition has become meaningless.
However, Qi Hao still treated her with great respect.
They didn't mention at all that Ms. Liu had lost a lot of money in the stock market.
This is still a secret at home.
In fact, Ms. Liu has already recouped a considerable amount of her investment recently.
However, the five million was almost lost. If the family finds out about this, the problem will be very serious. Grandma Liu will most likely chase after her daughter with the rolling pin she uses to roll out dough and give her a good scolding.
The food was almost ready.
The whole family started eating together, chatting as they ate.
First, they inquired about Qi Hao's family situation and his plans for the future, and then the men talked about their careers.
"Qi Hao, most of your investments are very successful. How did you do it? I see many people in the financial industry calling you the 'Little Buffett'."
Qi Hao's uncle poured him a drink, and Qi Hao bowed to accept it.
"Actually, there's no secret. It mainly relies on analysis. The stocks I buy are basically ones that can withstand analysis. If it's a too superficial industry, I generally don't dare to touch it..." Qi Hao added at the end, "Then I might be lucky. Several times I've sold risky assets at the peak."
This involves some "fake accounts" that the system created for him.
Under the system's arrangement, Qi Hao, a seasoned stock investor, has bought and sold many stocks over the years, eventually keeping only a few of the best ones.
"Haha, luck is also a kind of ability. It's something that God gives you, you can't deny it."
My uncle said with emotion.
"I'm a little curious, you own quite a few shares in Tencent and Sina, why did you sell Baidu?"
My aunt's husband isn't in the finance industry, but he occasionally buys stocks as a form of investment.
However, his style is rather conservative, and internet company stocks are still an area he hasn't ventured into.
He asked Qi Hao a question not to test him, but because he genuinely wanted to learn from him.
In his view, it was obvious that Baidu was more powerful than Tencent.
From 2000 to the present, it can be said to be the golden decade of Baidu.
During this "golden decade," Baidu seized the internet's traffic entrance, built a "moat" around search, and possessed star products such as Baidu Tieba, Baidu Zhidao, and Baidu Baike, giving it a powerful "information distribution" capability and content ecosystem.
Baidu also acquired hao123, the navigation website with the largest traffic.
This year, Baidu has captured 76% of the Chinese search market share, directly squeezing Google out of the Chinese market.
On the other hand, Tencent, which was embroiled in the 3Q war, gained the upper hand in its battle with 360, but lost public support, with many netizens accusing Tencent of bullying smaller companies.
It is also plagued by various negative news, including accusations of counterfeiting, monopoly, and money laundering.
Penguin now even needs to rely on share buybacks to mask its decline in the financial markets.
Qi Hao not only did not sell his Tencent stock, but he also sold several other stocks, using all his cash flow to subscribe to Tencent stock.
It now owns 1660 million Penguin shares.
"Actually, I didn't think too much about it, I just don't really like Baidu as a company..."
Qi Hao had no idea what would happen to Qian Du in the future.
There is no such theory as the system providing good stocks and not providing bad stocks. Nor can the system possibly acquire all the stocks of good companies.
Therefore, Qi Hao could only discuss this topic from the perspective of personal preference.
First, he felt that Baidu's revenue came entirely from advertising, which made him very uneasy.
Moreover, most of Baidu's advertising revenue comes from paid search ranking.
It means that merchants bid against each other for search keywords, and whoever bids the highest price will have their webpage rank higher in the search results.
Every time a user clicks on a webpage, the merchant has to pay Baidu a fee.
However, Baidu did not screen the products and services of these merchants, nor could they do so.
Therefore, this money was earned without any moral boundaries.
It could even be described as unscrupulous money.
It's true that playing games can interfere with studying, but your paid advertising can sometimes be deadly. Secondly, Qi Hao felt that Baidu had invested in so many companies, and every single one of them failed; the company's feng shui was simply terrible.
It's hard to imagine what kind of future a company can have that survives solely by trampling on conscience.
Although the uncle and aunt's husband felt that Qi Hao's reasons were a bit far-fetched and full of youthful idealism, they thought it was a very irrational approach to business.
However, for Qi Hao, who is Xixi's boyfriend, having such a strong moral compass is actually a good thing.
At the dinner table, it was mostly the men who were talking; the women couldn't get a word in edgewise.
There are just so many things we can talk about.
The internet industry is a big show in itself. Qi Hao holds shares in Tencent and Sina. In their eyes, Qi Hao must understand the internet very well.
For example, Ding Lei tried to sell NetEase, but couldn't because of financial audit issues; Zhang Chaoyang was parachuted into the company by the board of directors and almost lost control; Wang Zhidong was not so lucky, causing the company's stock price to drop from $55 to $1.6 and he was directly ousted from the company by the board of directors.
Successful men are the most attractive.
That's why people like to boast, creating a false sense of success.
Qi Hao doesn't need to brag at all now.
He now owns shares in Sina, the company Wang Zhidong once founded, and the stake is quite substantial.
He has also dined with the current president of Sina and executives of Tencent, so he certainly has a lot to say on these matters.
What are you planning to invest in next?
Uncle poured Qi Hao another glass of wine. As an elder, it's really hard for a junior to refuse when his elder pours wine for someone. Fortunately, Qi Hao has a high alcohol tolerance and it's impossible for him to get drunk.
"Uncle, have you ever heard of millet?"
The system rewards users with business information about Xiaomi in the new task.
Although Qi Hao doesn't know what this information is, his current focus is definitely on Xiaomi.
He has had someone gather information on this topic over the past few days and is starting to prepare to invest in the company.
"You mean the company that Lei Jun just started last week?"
My uncle immediately thought of this company; he works in the banking system and is very sensitive to this kind of news.
"Yes, Lei Jun's company."
Qi Hao hadn't expected the system to provide information about Lei Jun's new company.
This company was only registered in March and established on April 6th. It is located in the Yingu Building at the intersection of North Fourth Ring Road and Zhongguancun East Road, which is almost diagonally opposite Qi Hao's new company address, separated by the Forbidden City.
"Him? He's quite capable."
My uncle didn't know how to evaluate Lei Jun; his impression of Lei Jun was that he was associated with Kingsoft Software.
They created an office software called Pangu to compete with Microsoft Office, but naturally they were defeated. However, Lei Jun, who was the general manager at the time, became known to the world.
Later, they created WPS Office, which shows their perseverance.
There are many rumors circulating about Lei Jun.
Some say that when Ma Huateng first started his business, he wanted to sell QQ to him, but he didn't buy it; others say that when Ma Yun first started her business, she asked him for investment, but he didn't invest.
There's also information about NetEase.
It's said that when NetEase was first established, the company only had five or six people. Lei Jun offered 1000 million yuan, which was a considerable sum at the time. However, Ding Lei refused. Just two months later, NetEase raised $1000 million, reaching a valuation of $6000 million.
Lei Jun also tried to run Joyo.com, but failed. He reluctantly sold Joyo.com to Amazon, which became Amazon China.
No one expected that just over six months later, a new wave of internet fever would arrive, and B2C e-commerce would usher in a golden age of comprehensive rise.
It can be said that Joyo.com was founded after the bursting of the dot-com bubble and collapsed before the full rise of e-commerce.
What does this mean?
This shows that this person is really unlucky.
The fact that so many internet giants sought his help demonstrates that he possesses both experience and wealth.
But he was good at nothing and missed out on the entire internet era.
"He doesn't seem very reliable..."
Uncle didn't really have much confidence in front of Qi Hao. He was a little hesitant to ask Qi Hao to teach a billionaire "Little Buffett" how to invest.
However, since Qi Hao is currently dating a younger member of the family, the speaker still subtly expressed some concerns.
Ms. Liu became even more worried.
She didn't know who Lei Jun was, but judging from the conversation she overheard, this Lei Jun didn't seem to be well-regarded by the public.
Qi Hao, however, wanted to invest in his company, which had only been established for ten days.
However, for the same reason, she didn't have the confidence to give Qi Hao any advice.
If it weren't for Qi Hao's advice, she might have lost almost all her money in the stock market long ago.
"I am mainly interested in the scope of his new company's business. Although we are still in the PC era, I think the rise of smartphones is unstoppable."
Qi Hao's statement that he is interested in the mobile phone industry is not surprising.
His investment in BYD makes it a very important global supplier of mobile phone batteries, while Apple is a professional mobile phone manufacturer.
Smartphones are becoming increasingly common.
"He's someone who works in the internet industry, and he makes mobile phones..."
My aunt's husband's unspoken question was how someone who isn't a professional could possibly do something professional.
"Haha, I think... we might need someone from the internet industry to give the mobile phone industry a boost."
Qi Hao made up an excuse.
He drew attention to Xiaomi Technology and Lei Jun, waiting for news of their Series A funding.
Regardless of whether he obtained accurate information about Xiaomi from the system, Qi Hao wouldn't mind waiting until their Series A funding round to invest a sum of money in them.
In any case, the valuation in a Series A funding round is unlikely to be too high.
(End of this chapter)
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