? This is the gap between the boss and ordinary people. Boss dare to play like this because:
First, low-cost funds.
? The capital cost of ordinary people is very high. If you want to open a shop or start a business, it is almost difficult to get a loan from a bank. You can only get venture capital by saving money or borrowing money.
For big shots, when the national interest rate is low, they have many high-quality assets to mortgage, and they will find it easy to borrow money from banks and raise funds from the market. When they have a lot of money, they will invest in the stock market and make various financial derivatives. Invest in real estate and sell it at a high price; Buy or hold a company, speculate in the stock price, and sell it. ...
? Generally speaking, there are countless ways to make small money, but there is no fixed routine. There are obvious routines for making big money.
? 1. The real estate in the core area of the core city will continue to appreciate as long as the city develops.
? 2. Stocks of cutting-edge technology companies. (Buffett has long held shares in Microsoft and Apple).
? At present, the top of the wealth list are basically real estate tycoons and technology upstarts.
? Second, the ultra-high lever
? For example, if you buy a 200w-W house in Beijing in full and sell it for 300w, then your income is 50%. If you don't buy in full, but pay 30% down payment, then you only take out the principal of 60w, and use the loan for the rest, which is equivalent to three times the leverage. When you sell at 300w, the profit is 150%.
? How does the big boss use leverage?
? An American fund bought a German company with 66 times leverage and 660 million euros. After four years, it was sold at 2.5 times of the original purchase price, and the return rate reached 800% after debt service. In Europe and America, many capital tycoons take advantage of this process: a large part of their huge income comes from monopoly assets, which in turn manipulate the market.
The essence of capitalism is relationship, and the life of a big boss is a cycle of three elements: relationship, cheap money and internal information. We can understand that you know a very powerful person who can lend you money, tell you inside information and make you rich. When you are rich, you will give back to your eldest brother, expand your relationship and expand your circle, and you will have unique resources and opportunities.
? But high leverage will bring huge profits and huge risks, which depends on the means of big bosses, and ordinary people can't afford it.
? Third, the global layout.
? You might say that big bosses invest their money in real estate and stock markets. Such a high lever will produce a lot of bubbles. Aren't they worried about the bursting of the bubble?
? The diversification of big boss's asset allocation on a global scale is simply diversification of investment. Even if they lose, it is only a small part of the investment. The temptation of highly leveraged investment is that the benefits far exceed the losses of failure.
? A French economist found that in the past 50 years, the income of the poorest 50% Americans did not even increase 1%, while the income of the richest 1% Americans increased by 300%. This is what we say: "Leverage to make money, global hedging."
If you go back to 2008, will you go to Beijing to buy a house with all your money?