Thousands of miles of warblers cry green and red, and the water village mountain Guo wine flag wind - Du Mu
Recently, Lin Yuan, chairman of Shenzhen Linyuan Investment, in an annual meeting of Phoenix.com, talked about the loss of 30 billion management fees in five years for the products managed by Gülen, and when he said that he did not know much about public offerings.
The difference between a public offering and a private offering.
1. The minimum investment threshold for the two is different. The public offering has a low investment threshold, you can invest for 1 yuan, and the private placement generally starts at 1 million, mainly for high-net-worth individuals.
2. The mode of operation is different. There are various restrictions on public offerings, and private offerings are more free to invest. For example, the proportion of a public offering heavy position cannot exceed 10%, and the private placement can invest as much as you want.
3. The company's profit model is different. Public offering is mainly through large-scale, earning management fees, private placement ** management fees are also available, but mainly rely on good performance, performance remuneration, performance remuneration is generally 20%.
Lin Yuan Investment, is a private equity company, named after the boss Lin Yuan, established in 2016, with a current scale of more than 10 billion, in the private equity industry, the scale is very large.
Lin Yuan is known as the "Chinese stock god", from 1989 with 8,000 yuan to enter the **, now has a net worth of 100 billion, and is compared with Warren Buffett.
In 1963, Lin Yuan was born in a well-off family in Hanzhong, Shaanxi.
In 1986, Lin Yuan began to learn Xi market-related knowledge and study the principles of trading.
In 1989, Lin Yuan's capital also changed from 8,000 yuan to 120,000 yuan.
In 1992, he began to give up the first-class operation and turned to long-term value investing. Insist on holding the company you are optimistic about for a long time. His funds have reached tens of millions of yuan.
In 1993, he cleared all the ** in his hand and turned to the real estate business.
In 2003, he took a fancy to the advantages of the liquor industry and sold Moutai and Wuliangye. In the past few years, Moutai has risen sharply.
In 2006, Lin Yuan's worth has reached 2 billion, and the "Lin Yuan Investment" private equity company was established.
In 2022, the AUM will exceed 10 billion for 10 consecutive years (Lin Yuan's fame battle is mainly Moutai, and of course, Arowana with a 100 times P/E ratio).
The following is the income of this year's Lin Yuan investment**.
Talking about the loss of 30 billion yuan in management fees and 3 billion yuan in five years for the products managed by Gülen, Chairman Lin Yuan said that the contract has been signed, and there are rules. People tell you that you have to think about these things before you invest. I think it's compliance, and if you don't tell in advance, then there's a problem.
He also said that now is a good time to **. Young people make a choice between buying a house and buying **, that must be the choice of the capital market, and buying ** is right.
Some netizens also said that they were very heartbroken, the rules were formulated in advance, and the logic was fine. But the most important point is that everyone knows that this is the most important reason for losses, and there are not a few who have been cut in half, which is a fact and ironclad evidence.
Compliance is legal, but unreasonable, and the direct result is that this year's public offering cannot be sold, and the market has completely lost. The people choose to vote with their feet and no longer buy **, everything has a price.
Such a public offering mechanism is obviously unreasonable and unscientific, and the management method is too disadvantageous. The data can see that the first place on the loss list and the first place on the management fee making list are all Gülen, which is really not a taste in people's hearts.
If you lose your own money, you can still sum up your experience. It's like the car is yours, but the steering wheel is in someone's hands, and the driving fee will definitely be charged to you. The car drove into the ditch, it jumped first, and you had to resign yourself to ...... fate
This is not an exception, but the status quo of the entire industry, the vast majority of ** managers do not play the role of wealth management at all, but are ...... banknote shredders
A sentence to let professional people do professional things, how many people are affected by this "wise saying"** rest assured and boldly hand over the money to them who will make you lose hundreds of thousands.
If something is unreasonable, just let it not exist, and the door will always be open, and more people will follow suit. How to avoid the recurrence of such a tragedy is a question worth pondering and pondering.
The awakening of the people, 1% depends on the reminder of others, and 99% depends on a thousand cuts. The essence of life is an experience, and only by feeling it can we wake up. No matter how much the truth says, it is better to suffer a loss once, and the real experience can be remembered for a long time.
I am a scholar, a person who has been focusing on ** for 15 years, if you like it, remember to like and [follow], give people roses with a lingering fragrance, see you tomorrow, good night.
Author: Scholar Shares Compound Interest