Reborn as a female internet celebrity in a county town

Chapter 111 Unless you find someone with the superpower to predict future stock market information

Yan Li really had no idea what Lin Lang was thinking.

What kind of used cars and houses should we sell in cooperation with He Qiang?
Is there anything more fulfilling than bringing a team to Shanghai and working together to build a public fund worth tens of billions of yuan?

If we can grow the company to a scale of tens of billions, the annual management fees will be several hundred million, plus some handling fees and so on...

What fund companies fear most is not doing well in the early stages. As long as they can stabilize the funds that come in early on, more stable funds will be willing to entrust to the company, and it will not be difficult to reach hundreds of billions or even trillions of yuan.

She has a father and a mother.

As long as she can prove her abilities, her parents will definitely help her.

This guy just got lucky and made twelve million from Shen An'an, didn't he?
They also made some money from the Tianshui duck industry.

Neither of these is a long-term, stable source of income; starting a self-media business is very expensive in the early stages.

In the future, monetization will involve profit sharing with influencers. Unless he can truly build the ideal e-commerce cluster, he will only make money. Otherwise, in Yan Li's view, it's just a waste of time.

He also wants to acquire the Tianshui duck industry...

Back in her room, she took a shower and carefully combed her hair.

She roughly knew what Lin Lang wanted to do: just as he said, to drive e-commerce business through traffic and build a large logistics center in Tianshui County.

The combination of self-media and real-world business has a low barrier to entry.

But achieving results is not so easy.

She understands the live-streaming e-commerce industry very well. The 35 million yuan she generated before was due to a combination of various factors. Now, if Yun Yiyi were to do a normal live-streaming session, she might not even be able to sell 3.5 million yuan worth of goods.

Lin Lang has already had a great start, so it's best to know when to stop. If he's willing to talk to me, I can give him a portion of the company's shares.

She just couldn't understand why Lin Lang, who clearly had such a strong talent in the financial industry, didn't make it his main profession.

How confident is he in making money?
Which of his ideas doesn't require burning through money? He can't even afford to burn through it himself!

The best explanation is that Lin Lang made too much money all at once and became arrogant.

But he remained unmoved by the millions of dollars in gifts that He Qiang sent him.

……

The next morning, she went with Lin Lang to film two more scenes for Mi Xiaofan. After that, she took Mi Xiaofan back to her hotel and then went to Xincheng Pawnshop.

The person He Qiang found for Lin Lang was a manager at a pawnshop. Lin Lang communicated with the manager on-site for an hour before filming began.

The main subject of the filming was everything in the pawnshop.

From a storyteller's perspective, the story slowly unveils a mysterious corner of the pawnshop from the viewpoint of the pawnshop manager.

The opening line is: "You must all be very curious about what kind of things we pawnshops usually accept... Let me first introduce our Xincheng Pawnshop..."

The footage showed the pawnshop's qualifications, resume, and so on...

Then they began to display the collateral.

From luxury watches to jade, from real estate to cars, at the end of the video, the manager said, "Would you like to see the cars in our pawnshop? I'll make a video about them tomorrow..."

Then, Lin Lang began to guide the manager and teach him how to film the following content.

It doesn't matter if the filming isn't good; as long as the core content is captured, Lin Lang can edit it.

When it was time for lunch, He Qiang asked, "Brother, I didn't see anything about selling the car or the house in the video you filmed."

Lin Lang: "President He, directly saying we're selling is too likely to offend people. We can't reveal our intentions. If we don't reveal our intentions, people won't think we're after them. Our first priority is to build up our account and traffic... To give a simple example, escorts... don't they first package themselves up, post some suggestive pictures online, and then talk about some benefits? Nobody just comes up and sells right away... Those who proactively message us are high-quality clients, and that's the key to getting a high price..."

"Cough cough..." He Qiang didn't dare to answer.

Yan Li, standing to the side: "..."

Lin Lang: "Ordinary people rarely come into contact with pawnshops. Most people's perception of pawnshops is that of the kind that exists in movies and TV dramas. This gives pawnshops a mysterious veil, which is also the key to attracting traffic for us."

By showcasing the best items from pawn shops, we cultivate a desire for exploration in those who yearn for luxury goods but can't afford the latest products...

This group is most prevalent online. The number of people who desire to own a luxury item far exceeds the number of people who can actually afford a new luxury product…

Our initial hint was that items received by pawnshops were cheaper than those on the market...

This afternoon, I'll continue filming the next video.

Around 1 p.m., Lin Lang, accompanied by the pawnshop manager, went to an underground parking garage where the pawnshop stored its vehicles.

The opening remarks were recorded right in front of the pawnshop.

"14 Maybachs priced at 500,000 RMB each, would you like to see them? I'll show you..."

Yan Li has studied self-media; otherwise, she wouldn't have been able to easily gain hundreds of thousands of followers. Later on, she only needed Lin Lang to provide the articles, and she handled everything herself, from filming to editing.

She discovered that Lin Lang had truly mastered the self-media industry; he could basically attract interested people with just his first sentence.

After filming for a full hour, Lin Lang chatted with the manager for a while before driving back to the hotel, picking up Mi Xiaofan, and continuing to film outdoor scenes for her.

We finished filming around 6 p.m., and then had dinner at the hotel restaurant.

Afterwards, Lin Lang was busy editing videos, while Yan Li returned to her room.

After following Lin Lang for a day, she basically realized that Lin Lang was determined to continue working in this industry, and that he also had a strong talent for it.

Perhaps this is the source of his confidence all along.

Not long after she returned to her room, her phone rang.

It was my mom calling.

She answered the call immediately.

"Lili, where are you?" "Mom, I'm back home..."

"Your dad called me, he's furious..."

"Ah."

Yan Li certainly knew.

After testing Lin Lang several times, she had already given up hope.

That guy is completely impervious to reason; there's absolutely no chance.

The person on the other end of the phone asked again, "Tell me, what exactly are you thinking?"

"Mom, I don't want to follow the path my dad laid out for me. I want to take control of my own life. I know this sounds childish, but I've really encountered an opportunity that belongs to me, and I want to seize it."

What opportunity are you referring to?

"Funding, analysts. I can attract funding through my own traffic, and then improve the company's overall operational capabilities through excellent analysts."

There was a moment of silence on the other end of the phone. "Although I don't like some of your father's ideas and beliefs, I have to admit that the life he planned for you is the easiest for you to achieve. If you have talent, you can still put it to good use."

"But then I'm just a puppet."

"Is this what you really think? You feel like a puppet, not living the life you want. So what kind of life do you want?"

"It means I can manage a fund company worth tens or even hundreds of billions of yuan, and I can attend many occasions alone, instead of being labeled as Yan Keming's daughter or Chen Lin's daughter."

"Yes, having this idea is fine, but... are you free now? I can give you a detailed analysis of the difficulty of achieving this step."

"Yes, yes."

"Alright, let's start with funding. Your dad told me you want to leverage your internet traffic to raise funds for the company, which I think is a good idea, but the internet is very sensitive to funding..."

"Yes, someone told me that the internet absorbs past funds, but its patience is very limited, and it may only last for one or two weeks."

"Yes, in the next week or two, you need to achieve certain results, the most basic being outperforming the market. So, let's assume you've used your influence to raise one billion..."

"Ah."

Yan Li actually felt that 1 billion was a bit too much. Even with three or four million fans, attracting three or five hundred million in funding would already be considered very impressive.

The person on the other end of the phone said, "I have a lot of data here. I won't calculate it by one or two weeks; I'll just calculate it by one month. There are a total of 157 public funds in China, issuing a total of 9,452 fund products. If we divide the year into twelve months, then these products have a total of 110,000 months of data... Do you know how many of them outperform the market in terms of monthly data?"

1442, with only a little over a thousand data points, is the number of funds capable of outperforming the market. Do you know what this means? It means that out of seven funds combined, only one fund will outperform the market in a single month of a year.

So, what is the probability that your fund will outperform the market in a given month? One in eighty-four.

This is the result of running 110,000 data points. You should know that with such a large amount of data, the result is already very close to the truth.

Of course, I know you might mention private equity. There isn't much publicly available data on private equity, but it's certainly better than public equity. However, the advantage of private equity is built on other means; it involves not only money, but also a lot of hard work.

Continuing with the previous topic, how many analysts are there in China? There are quite a few people working in finance in China, more than six million, but the total number of analysts in public funds is only 128,000.

While there are certainly many incompetent analysts in the mutual fund industry, there are also quite a few truly skilled ones. Nearly two hundred can earn tens of millions in annual salary, and over six thousand earn millions. This comparison should make it clear that even analysts earning tens of millions can't guarantee outperforming the market that month. Consider the teams behind them, and yours. Their teams cost one or two hundred million a month.

Do you think your analyst can do this?

I can assume you can achieve that, but if you want to go further and grow your funds to two or three billion, you'll definitely need to produce even better performance, right? For example... outperforming the market for two consecutive months? What are your chances of that?

Let's assume your analyst is a multi-million dollar annual salary manager at a mutual fund company. Let's take the data from the funds they manage... roughly 800 funds, divided by month, totaling 1,000 data points. In a year, they outperform the market in a particular month a total of 266 times.

This means that they can outperform the market for a maximum of three months each year. If you've studied probability, you should be able to calculate the probability of outperforming the market for exactly two consecutive months, right? That leaves less than a 50% chance. This is completely random data. Once you officially launch your fund, the data becomes mandatory; you must outperform the market in the two months prior to fund launch. In that case, your chances drop to only 5%.

Even if you only qualify your fund size to reach 2 billion, you still need to find a partner whose abilities match those of a top ten mutual fund analyst.

So, what if you want your fund to reach 3 billion, 4 billion, or even 5 billion? Without external help, what kind of person would you need to find? You'd need to find someone with the superpower to predict future stock market information to achieve that.

Yan Li: "..."

"Mom doesn't mean to discourage you, I just want to tell you that this is almost impossible. If it were that easy, you wouldn't be the first to try it."

……

Lin Lang worked from 7:30 pm until 11 pm and finally finished editing several videos.

He was watching the video he had filmed of Mi Xiaofan, making sure there were no obvious frame drops.

Just then, the doorbell rang.

Lin Lang got up, opened the door, and saw Yan Li.

Yan Li walked in on her own, glanced around the room, and finally fixed her gaze on Lin Lang's computer.

This was the first time she had seen the finished product of so many videos shot for Mi Xiaofan.

The finished product is truly stunning. The music is perfectly matched, Mi Xiaofan's dance moves are beautiful, and her figure and looks are just as stunning...

"It's similar to a style that was popular a while ago, but it's also a little different..."

"Hmm, you've incorporated some new elements. Why are you here so late? Do you want to get to know me better?"

Yan Li smiled and said, "I'd like to, but I don't have much time..."

After saying that, she took out a car key and placed it on the desk. "Take this car key back to your uncle. I felt he really liked cars when we video chatted the other day, so I drove one out of the house. I've already prepared the transfer documents and authorization letter, and they're in the car. Also, there are some nutritional supplements I prepared for your aunt, cigarettes and alcohol for your uncle, and I bought them both a set of clothes and two cell phones. Please give them to them for me."

"Huh? You're not coming back with me?"

"Okay, I'm not going back. I have some things to do at the company."

Yan Li suddenly looked at Lin Lang, opened her arms, and said, "Come on, give me a hug. I'm leaving first thing tomorrow morning."

(End of this chapter)