He won 900 million in the lottery.

Chapter 121 The Way of Investing

I personally and politely greeted him: "Uncle Wang."

"Tianyi's here, perfect timing for a drink tonight."

......

Can we please stop drinking?

I have to drink this wine even if I don't want to, just to get some advice.

Wang Yan: "Dad, my cousin went to the wine auction next door and I ran into him."

Wang Wei: "Why are you so disobedient? What are you, a little kid, doing in that place?"

Wang Wei rarely gets angry, yet Wang Yan's eyes began to redden.

but.

When a father is disciplining his daughter, I cannot interrupt.

One minute.

silence.

After calming herself down, Wang Yan apologized to Wang Wei, saying, "I know I was wrong, Dad."

At this point, I quickly tried to salvage the situation: "This is also the first time I've been dragged to this place by a friend. Yan Yan happened to see us, and I haven't had a chance to thank her yet."

Wang Wei: "So you know what this place is for?"

I nodded.

This is not a topic suitable for in-depth discussion, and since Wang Wei didn't raise the issue, I naturally wasn't interested either.

During this time, the soldier messaged me, inviting me to drink together that night, which I promptly declined.

Fang Liao texted me to go drinking with Zhang Bing tonight, which didn't surprise me. Actually, it would be great if Zhang Bing could also help resolve Fang Liao's problem.

The dining table.

During drinking.

I raised my glass in a toast: "Uncle Wang, I've recently encountered some problems. Could I ask you for your advice?"

"Let me hear it."

Me: "I'm planning to invest in AI, but I'm not sure where to start. My personal assistant at the bank has introduced me to three companies that are transitioning to AI, but I don't know which one to choose."

Wang Wei smiled after hearing this: "These are two problems, one big and one small. I've solved the big problem for you, and you'll have the answer to the small one yourself."

Me: "Please go ahead and speak?"

Wang Wei: "Your biggest problem is the way of investing. You don't know how to invest; you just put money into companies, right?"

I nodded; that hit the nail on the head.

Wang Wei: "Investing and doing business may seem similar on the surface, but they are actually two completely different wealth creation models. Investing is not simply 'making money from money,' but rather realizing knowledge. It requires in-depth research into the value of the target, rather than chasing trends. The core competence of top investors is not running a business, but rather the eye to identify high-quality companies, the determination to buy at the right price, and the patience to hold for the long term. Still don't understand?"

Me: "Okay."

Wang Wei: "The theory is a bit grandiose and empty, but you have to understand that practical experience is for summarizing theory, and theory is also for guiding practical experience. Have you ever attended a CEO training program?"

Me: "The five elements of investing are risk leverage, time investment, control, return cycle, and risk control. These are not only investment elements, but also the core of the investment philosophy."

Wang Wei: "Very good, that's theory. You need to apply it to practice."

Investment: Small investment, large returns; Starting a business: Requires large initial capital, leverage is often limited.

Investing: Time commitment, concentrated research and decision-making time; Doing business: 24/7 commitment, "on call 24/7".

Investing: Limited control, can exit at any time; Doing business: 100% control, but difficult to extricate oneself.

Investment: The return cycle can be long or short, and can be adjusted flexibly; Doing business: Long cycle, requires patient cultivation.

Investment: Risk characteristics are diversified and controllable, with stop-loss measures available; Business: Highly concentrated, with personal wealth and business tied together.

Wang Wei: "These are basic guidelines. You can apply them rigidly in the early stages, but once you have more experience, you can use them flexibly."

I picked up my glass and offered another toast: "Uncle Wang, what you learn from books is never enough. Your guidance will save me a lot of trouble."

Wang Wei laughed heartily: "I took many detours when I was young!"

I was too embarrassed to ask before, but now that I'm in this mood, I have no choice but to ask.

Me: "Uncle, could you tell me your story?"

Wang Wei's eyes darted around: "You're quite the schemer. Last time you came to my house, I went to great lengths to repay the favor, but you refused. Now that you need my help, you expect me to open my heart to you instead."

Thick-skinned and opportunistic are my fine qualities.

Me: "Hehe, you're the most successful person I've ever met. With such a powerful backer in front of me, I'd be a fool not to cling to you. Besides, Yan Yan calls me cousin, and you didn't object, did you?"

Wang Wei: "Hehe, you're far superior to Yan Yan's brothers. It's a real pity you've gone astray."

Wang Wei's rise to wealth is simple: he earned his first pot of gold abroad, and his assets quickly accumulated to over 100 million yuan in a short period of time.

I've experienced bank wealth management.

Family Trust.

Starting an insurance company.

They even have a hand in foreign trade and foreign exchange.

Wang Wei: "In the first five years, I lost all of my 100 million yuan."

I widened my eyes: "Uncle Wang, don't try to fool me. I accept earning less, but losing money is not your style."

Wang Wei: "Hehe, I came back from overseas, worth hundreds of millions. You have no idea how many wolves and tigers are around me. I'm young and arrogant, thinking I'm more capable than others. One after another, I've fallen. Some people, in places you can't see, may not even be human."

I raised my glass and clinked it against Wang Wei's: "And then?"

Wang Wei: "After losing all my money, I naturally left and went abroad to do my old business. This time it took longer, but of course, I also accumulated more capital and brought back 3 million. Then, like you, I went to a CEO training program and met some seniors. But I was smarter. For three years, I didn't invest a single penny. I missed some companies that made money and I also avoided some companies that were scams."

I asked, confused, "Does not investing mean making money?"

Wang Wei: "That's right. Of course, that's only the first level. The second level is making money even through blind investment."

I was completely baffled: "There's a third level?"

Wang Wei: "The third level brings you back to where you started. You don't need to invest, you can still make money, you can make a lot of money!"

Me: "I kind of understand."

Wang Wei: "It doesn't matter if you don't understand. Just remember this saying: 'As long as the green hills remain, there's no fear of running out of firewood.'"

Me: "I've learned a lot."

Although I don't fully understand it, I can remember it.

Before tonight, I want to have 67% absolute control over one of the three AI companies, and I want to choose the best of the best.

After tonight, I have a new choice.

All three companies operate with minimal investment, using a competitive mechanism where the company with the highest performance receives further investment.

For several days in a row, my alcohol tolerance has indeed decreased compared to before.

After learning from his experience, Wang Wei chatted with me about everyday things.

Wang Wei: "Where is Tianyi from?"

Me: "Liancheng."

Wang Wei: "What kind of business did you run back in your hometown?"

Me: "The investment isn't quite settled yet."

Wang Wei: "What brings you to Shanghai this time?"

Me: "I'm here to inspect the project and catch up with some old friends."

At this point, Wang Wei changed the subject: "Would you be interested in working for me?"

I was still a little confused: "Okay... what? I didn't understand?"

Wang Wei: "You're just coming to work at my company. Didn't you want to learn about investment? Self-taught methods are still self-taught methods. Let's see how the professional ones operate."

I was a little excited: "Of course, thank you, Uncle."

Wang Wei smiled and said, "However, I have one request."

At that moment, I hadn't noticed that the old fox's expression had changed.

Me: "No problem... I don't mind any requests..."

I just couldn't take it anymore that night, and I got drunk.

They stayed here and didn't leave.