Becoming the King of Bottom Fishing After Going All-In on A-Shares

They stood at the door, holding their phones, watching Buffett's news over and over again.

"Do you guys really think Brother Lu didn't know Buffett was going to buy it?" someone asked.

"I don't know. You all heard what he said yesterday. He saw it for himself, and he believes that electric cars are the future."

"But this is too accurate, isn't it? 8 dollars, exactly the same as Buffett's prediction."

"It's not about accuracy, it's about vision. He saw what Buffett also saw, just a day earlier than Buffett."

"Where is he now?"

"I don't know, maybe he's training in the library or on the playground?"

"He still has the time to go to the library to read books? To exercise on the playground? He just bought a stock even before Buffett!"

Do you think he'll get upset? Do you think he'll care? Do you remember his expression when he said those things yesterday?

Everyone fell silent.

They remember.

When Lu Chenzhou said "electric vehicles are the future," his expression was very calm, as if he were saying something that should be taken for granted.

It wasn't excitement, it wasn't tension, it wasn't the gambler's frenzy.

It is calm.

It's a kind of calm that comes from understanding things clearly before making the purchase.

"What do you think will happen to him in the future?" someone asked.

No one answered.

But everyone has their own answer.

This answer doesn't need to be spoken.

At nine o'clock in the morning, Lu Chenzhou returned to dormitory 302.

When he opened the door, Zhang Yixing, Yang Cheng, and Xia Yaozong were all there.

The three people were sitting on their respective beds, holding their phones. When they saw him come in, they all looked up at the same time.

"What's wrong?" Lu Chenzhou asked.

Zhang Yixing opened his mouth, then realized his voice was a little hoarse: "Chen Zhou, did you see that? Buffett bought BYD."

Lu Chenzhou nodded: "I saw it."

Zhang Yixing's voice trembled: "8 Hong Kong dollars, exactly the same price you paid."

Lu Chenzhou hummed in agreement, walked in, and sat down on the edge of his bed.

Yang Cheng spoke, his voice low: "Shen Zhou, did you already know?"

Lu Chenzhou looked at him: "What do you know?"

"We knew Buffett wanted to buy BYD."

The room fell silent for a moment.

Lu Chenzhou remained silent for a few seconds, then shook his head.

"I didn't know Buffett wanted to buy it; all I know is that BYD is worth the price."

He looked at the three people and said calmly, "Whether Buffett buys it or not, whether I buy it or not, is irrelevant."

I bought a BYD because I believe electric vehicles are the future.

Buffett bought BYD because he believes electric vehicles are the future.

We saw the same thing.

The room remained quiet for a long time.

Xia Yaozong spoke, his voice somewhat hoarse: "Chen Zhou, do you know? Everyone is talking about you today."

The forum says you're a prophet, a prophet even before Buffett.

Lu Chenzhou laughed: "I'm not a prophet, I just saw it clearly."

He leaned against the headboard, looking at the sky outside the window.

"You know what? Yesterday when I said that electric cars are the future, some people thought I was crazy."

Today Buffett bought some shares, and they think I'm a prophet.

But for me, nothing has changed.

BYD is still BYD, and electric vehicles are still electric vehicles.

What I see clearly hasn't changed.

He turned to look at the three people: "What changes is other people's opinions."

Zhang Yixing stared at him and suddenly felt that this person was a bit unfamiliar.

No, it's not unfamiliar. It's—too far away.

He was standing much further away than everyone else.

Even yesterday, everyone thought he was crazy.

So far back that no one can catch up with it today.

Zhang Yixing's voice was low: "Chen Zhou, were you serious about what you said yesterday—'It wasn't a gamble, it was a belief'?"

Lu Chenzhou nodded.

"So what do you believe in?"

Lu Chenzhou looked out the window and said softly, "I believe the future belongs to those who can see far ahead."

Just as I got back to my dorm, Zhou Xingbang called.

"Teacher Zhou."

On the other end of the phone, Zhou Xingbang's voice was a little hoarse, as if he had smoked a lot, or as if he didn't know where to begin.

"You saw what happened with the sunken ship and Buffett's affair?"

"I saw it."

Zhou Xingbang was silent for a few seconds: "Did you know about this when you bought BYD yesterday?"

"have no idea."

"Then why did you buy it?"

Lu Chenzhou's tone was calm: "Because I saw it clearly."

There was silence on the other end of the phone for a long time. So long that Lu Chenzhou thought the signal had been lost.

Then Zhou Xingbang laughed, a very complex laugh.

"You know what? This morning the department head called me and asked how I taught this student. I said I didn't teach you any of these things, and he didn't believe me."

Lu Chenzhou remained silent.

Zhou Xingbang continued, "Shenzhou, I have been teaching for twenty years and have taught at least eight thousand, if not ten thousand."

You're the first person who made me feel like I have nothing to teach you.

"Teacher Zhou..."

Zhou Xingbang interrupted him: "I'm not being polite, I'm just telling the truth."

The fact that you could see the value of BYD before Buffett shows that your vision has exceeded my capabilities.

As a teacher, I can't teach you things, but I can ask you a question.

"What's the problem?"

"Can you handle it?"

Lu Chenzhou was stunned for a moment.

Zhou Xingbang lowered his voice: "Buffett bought it, so it will definitely go up when the market opens on Monday."

But what happens after the price increases? Electric vehicles won't become widespread tomorrow, and BYD's stock won't double next month.

Markets will fluctuate, and stock prices will change.

Your judgment may be correct, but market sentiment will not always follow you.

This process could be very long; can you handle it?

Lu Chenzhou was silent for a few seconds: "I don't know."

Zhou Xingbang was taken aback. He thought Lu Chenzhou would say yes, but Lu Chenzhou said he didn't know.

Lu Chenzhou continued, "We'll have to see how the market opens on Monday."

Zhou Xingbang breathed a sigh of relief: "That's true, then I won't bother you anymore, get some rest."

"it is good."

In September 2008, the chill of the financial crisis swept the globe, leaving capital markets in ruins.

But the bombshell news from BYD has shaken the entire financial sector this weekend.

The news that Warren Buffett had invested a huge sum in BYD came as a complete shock.

The Hong Kong stock has been a hot topic online since it was first reported across the ocean and has now been the subject of much discussion in China in just two days.

Even more insane than the investment of the stock market guru was Lu Chenzhou, who accurately bought the dip before the official announcement and used 150 million yuan of principal to leverage 1500 million yuan to go all in on BYD.

This move was incredibly audacious; the initial investment price of HK$8 was exactly the same as Berkshire Hathaway's cost line.

Riding the wave of a bear market's lowest point, they bet on a once-in-a-century positive development; it's hard not to attract attention.

The news traveled through the capital chain and eventually reached the ears of two influential figures.

The Berkshire Hathaway offices in Omaha, Oregon, were warm and inviting.

Buffett sat at his large desk, his gaze falling on the Hong Kong stock market fluctuation report handed to him by his assistant, a rare look of surprise flashing in his cloudy eyes.

The report clearly marks the funds heavily invested in BYD with 10x leverage, with a principal of HK$1.5 million. The entry timing was so precise that it seemed as if the official announcement was known in advance.

He has spent most of his life in the capital market, and he has seen both speculators who chase highs and sell lows, and value investors who hold on for the long term.

In such a sluggish bear market, the courage and keen insight to gamble on his investment decisions with high leverage are truly rare.

"Heavy positions at the same price level, with ten times leverage, this young man really knows how to handle news gaps and market sentiment."

We were betting on BYD's future, and so was he. He had a sharp eye and was ruthless enough.

He didn't inquire about the specific source of the funds, but simply instructed his assistant to keep an eye on the movement of this holding.

In his view, this was a rare and exceptional prediction during the financial crisis.

As for the leak, that's impossible, because they went to find Wang Chuanfu after the Hong Kong stock market closed.

BYD's headquarters in Shenzhen, thousands of miles away.

Wang Chuanfu had just finished an emergency meeting with investment banks when Buffett's investment came in, giving BYD, which was mired in difficulties, a much-needed boost.

The fatigue of the past few days vanished, and a hint of excitement finally appeared on his face.

The secretary tiptoed in and quietly reported on the unusual fund movements in the Hong Kong stock market.

When the topic of the multi-million-dollar leveraged investment for bottom-fishing came up, Wang Chuanfu's hand holding the water glass suddenly paused.

The new energy vehicle sector is still in its infancy. BYD's sales are sluggish, its stock price is under pressure, and there are many pessimistic voices in the industry. Even many of its own employees are losing confidence.

In this harsh winter, some people are willing to increase leverage and bet everything on BYD. This trust is far more weighty than any praise.

"Interesting little guy, daring to leverage tenfold to bet we can get back on our feet during the financial crisis."