Back to 17, My Brother is the Cult Leader

Fang Yuan finally received a call from Chen Xia.

"I've taken care of everything for you. The documents have been sent. Please check your email for the electronic version."

"Okay, thank you."

"What are you thanking me for? I definitely put my heart into it, it's just that the procedures were too complicated, which is why it took so long."

"Okay, I'll probably have to go there again this summer."

"Yes. But you should be aware of the risks, since you don't have much experience in this area."

"Okay. Don't worry."

Fang Yuan's US stock account, which he entrusted Chen Xia to handle, is finally ready.

Open your email, download and install the trading software, and log in to the US stock market website.

The relationship between the two sides is now in a period of mutual benefit, and cross-border financial supervision and foreign exchange management are not as strict as in the previous life.

Fang Yuan sat in his dormitory for the entire afternoon.

The curtains were drawn. The desktop computer screen was lit, and the case fan was humming.

He stared at the US stock trading software for thirty minutes, then turned it off.

It's early morning in New York. US stock markets are closed.

At 4 PM Beijing time on April 10, 1999, there was nothing that could be done.

He leaned back in his chair and closed his eyes.

What's on my mind isn't which specific stock will rise by how much—that's something only a god would know.

He only knew two things:

First, internet infrastructure will continue to experience explosive growth in the coming year;

Second, the Nasdaq peaked in March 2000 and then crashed.

These two pieces of information were enough for him to take action.

He sat up straight again, opened his browser, and began browsing the publicly available information of listed companies.

Qualcomm licenses communication chips; mobile phones need to use them to access the internet.

Brocade, fiber optic switches, are core components of data centers.

Check Point, the firewall, is the first line of defense for enterprise networking.

Seattle, fiber optic equipment, is required at both ends of the fiber optic cable laid by operators.

Oracle, the database, all website backends run on Oracle.

VeriSign, the internet account holder for .com domains.

Adobe is a graphics software that every designer owns. It has nothing to do with Google; it sells tools.

He went from house to house.

I looked around until 7 p.m. when my stomach started growling.

I'll continue watching after I finish eating at the cafeteria.

He identified fourteen stocks.

Avoid e-commerce, portals, and online dating.

Those things go crazy when they rise, and there's no bottom when they fall.

The fourteen stocks he selected were all infrastructure companies or pharmaceutical stocks that had nothing to do with the Internet, purely for hedging purposes.

9:20 PM.

Stark will open in ten minutes.

Fang Yuan washed his face and sat back down in front of the computer.

He had made a plan.

The total investment was 30 million US dollars, which was purchased over four days.

Build positions in batches to smooth out costs over four trading days, without pursuing the lowest point.

Tonight's first round will only use a quarter of the dosage.

He opened the order page and entered the first order.

Qualcomm, Brocade, Check Point, Seattle.

Four market orders, finger hovering over the Enter key.

9:30.

The market opened. He pressed Enter.

The order was sent out, the screen was silent for two seconds, and then green transaction confirmation messages popped up one by one.

All transactions completed.

The price difference is very small, and there is no problem with market liquidity.

He waited a few minutes to confirm that the price had stabilized before starting to place the second order.

Oracle, NetApp, VeriSign, Adobe.

Submitted, transaction completed.

The market was rising moderately, but his buy orders did not push prices higher.

The third group consisted of Tianhong Technology and Logitech. Submission completed, deal closed.

These two orders weren't large, but the order book depth was sufficient. His small order was quickly filled by the market maker to cover the bid-ask spread.

He flexed his fingers and entered the last batch.

Biogen, Vertex Pharmaceuticals, Regeneron, Infosys.

Submitted, transaction completed.

Fang Yuan leaned back in his chair.

We established a base position in all fourteen stocks, one-quarter of each, for a total of 750 million.

Ten minutes. He rubbed his eyes and closed the trading software. Nothing tonight.

Someone was making a phone call in the hallway; the sound was muffled through the door.

He lay down on the bed, his hands behind his head.

Continue on the next trading day.

No need to check the market on Saturdays and Sundays.

Fang Yuan ate and slept as usual.

I went to the library on Saturday afternoon and flipped through some financial magazines.

Barron's cover story read, "Will the Internet skyrocket?"

On Sunday evening, he was eating in the cafeteria when the people across from him were talking at length about tech stocks, but he didn't respond.

Monday night, second round.

Qualcomm announced a CDMA contract with Japan before the market opened, causing the stock to gap up three points at the open.

Fang Yuan hesitated for a few seconds. His plan was to buy over four days, and he had to buy today, regardless of whether the price went up or down.

He entered Qualcomm as usual, submitted, and the deal was closed. It was more expensive than the first round.

He wasn't feeling well, but his hands didn't stop. Brocade, Check Point, Seattle—he submitted them as usual.

Oracle bone inscriptions also went up in price, but he still bought them.

After the second round of purchases, the total holdings exceeded 1500 million.

He turned off the computer and walked to the window.

Several students were running on the playground, their shadows lengthened by the lights.

He watched for a while, then went back to sleep.

He went out for a 40-minute walk on Tuesday.

The ginkgo trees on campus had just sprouted. He walked around for a bit, without thinking about anything.

When I got home in the evening, I turned on my computer and started the third round.

The market was quiet tonight, with no news and no gaps.

His deal was closed smoothly.

All market orders were submitted in batches within fifteen minutes.

Total holdings exceeded 2300 million.

Wednesday night, the final round.

Fang Yuan sat down in front of the computer an hour early.

He checked the transaction records from the previous three days and found nothing missing.

Then I waited quietly until 9:30 before starting to place the order.

Qualcomm, Brocade, Check Point, Seattle. Oracle, NetApp, VeriSign, Adobe. Tianhong, Logitech. Biogen, VeriSign, Regeneron, Infosys.

When the last four transaction reports popped up, he let out a soft sigh of relief.

Four nights. Sixteen orders. Sixty-four orders. All completed.

He opened a blank document and typed in his holdings.

Qualcomm 250 million,

Brocade 230 million,

Check Point: 230 million

Seattle, 230 million.

Oracle bone inscriptions: 230 million

NetApp220 million,

200 million biochemical genes,

VeriSign 220 million,

Adobe220 million,

Futai Pharmaceutical 180 million

Tianhong Technology 210 million,

Logitech 210 million,

Regeneron 180 million,

Infosys 180 million

Total: $3000. $2000 in cash remaining.

This is Fang Yuan's personal American Bank account, showing the studio's dividend income at the end of last year.

He added a line at the end of the document: Clearance sale no later than February 28, 2000.

Sell ​​in batches, 20% each day, and sell out in five trading days.

No additional purchases or averaging down.

After clearing out the inventory, close the account and do not log in for six months.

Save. Shut down.

The dormitory fell silent. The fan stopped, and the computer screen went black.

It was an April night outside the window, with streetlights illuminating the empty campus roads.

A few windows in the distant teaching building were letting in light.

Fang Yuan drew the curtains and lay down on the bed.

My mind is very quiet.

He spent four nights getting everything done.

The rest is up to time.