Information is wealth

Modern society is an information society. Take a look at the successful people around us. Everyone is an expert at collecting and utilizing information. Therefore, such a society has this characteristic: Those who get information win the world.

The Internet age has made it simple and easy for people to obtain information, but for a person who wants to turn information into wealth, simply obtaining information is far from enough. The biggest characteristic of information is its timeliness. If you want to find opportunities to change yourself from information, you must master first-hand information.

Reading the biographies of successful people, we will find that the turning points in their lives are often related to some accidental events, and what changes them is often some insider information obtained inadvertently. In Taiwan's securities investment community, Yang Yaoyu's name is almost unknown and known to everyone. Being able to hire Yang Yaoyu as your agent means doubling your wealth, and it also means you can move forward safely in the ups and downs of the stock market. This is almost the common sense of many investors in Taiwan. In a TV talk show, Yang Yaoyu recalled his road to success. He said frankly: "Back then, I was just a country kid from southern Taiwan. I hoped to work hard in a big city like Taipei, accumulate some wealth and then return home." Live a good life in the countryside. But later I discovered that although hard work is necessary, it is not enough. You need more things, including the source of information."

Now. Yang Yaoyu, who has a net worth of hundreds of millions, said: "I no longer have to work, I just work as a financial consultant for a few friends. The reason why I am where I am today may be surprising to many people, but I am not surprised at all, because it is not surprising to me. It's not pie that falls from the sky, but the result of my hard work. In any field, I have hundreds of friends. They are all my operators in various industries, reporting all kinds of information to me at any time. It allows me to judge economic trends. Sometimes, a phone call from a friend is better than a dozen research reports.”

Coincidentally, the famous French fund investor Porter is also good at making use of information. A person to the extreme.

Porter was born in France in 1955. He studied at Oxford University in his early years, but majored in diplomacy. After graduation, Porter entered the French Ministry of Foreign Affairs and was later sent to the United Kingdom. During his 10 years working in the UK, Porter accumulated rich interpersonal resources in the political circles, which laid a solid foundation for his future entry into the financial investment world.

In 1990, Porter entered the financial industry through a friend’s introduction. After working as an investment analyst for several years, he moved to an asset investment management company, initially as an investment research assistant, and later promoted to a fund manager and began to manage funds independently.

Porter's investment technique is to seek opportunities for capital growth by anticipating policy changes, and it has not changed from beginning to end. Because he had established good personal relationships with most key government officials, it became easy to predict policy changes.

In the mid-1990s, Porter took on the management of the French Trust. Porter is particularly interested in the French market because it is less mature than the British market in terms of investment and is more affected by policy. The key is that France has broader industry resources, so there are a lot of opportunities, so this is a very attractive market for investors like Porter.

Once, he called a friend in China, who told him that the government might introduce some regulations on energy. So he immediately bought stocks related to the industry vigorously. As a result, he made millions in just a few days. Before Porter stepped down at the end of 2005, the cumulative return rate of the funds he managed was as high as 120 times. In other words, if you had collected 100,000 yuan to invest in Porter's funds in 1990, by the end of 2005, you would have Can get 12 million.

It can be seen that the more and more accurate information you obtain, the more opportunities you will have to make money.

Recently, the media reported the following news:

The work of market analysts is increasingly valued by enterprises. Not only securities companies and fund companies have a large number of industry researchers, but also Slightly larger companies have their own dedicated researchers. With the increase in attention, industry salaries have also risen. Taking the steel industry as an example, it is normal for some relatively senior market researchers to receive annual salaries of hundreds of thousands.

So, what kind of person can be a market analyst?

Manager Zhang, who is in charge of recruitment, revealed that academic qualifications are not important, and even professional analytical skills are not important. The key is to have industry resources. Because if you have rich industry resources, it becomes very easy to collect information.

Since the 1990s, personnel from some domestic steel companies and government departments have become key targets for recruitment by foreign mining companies. It is precisely the language and information advantages of these local employees who are well versed in China's steel industry that enable foreign mining companies to understand China's steel industry in even more detail than steel companies do.

Wang Yu is a market analyst in the steel industry. His main job is to pick up the phone, chat with acquaintances one by one - exchange industry information, and then write this information into reports. Of course, he also visits steel companies across the country from time to time, but this is also inseparable from the accumulation of industry resources.

Wang Yu said: "Everything is inseparable from human resources. For example, if you go to visit a steel plant without your own people, you will have to worry about the production status of the steel plant, the start-up of the production line, production costs, and next month's information. You can't get the production plan at all, and even if you get it, it's fake."

The reporter asked: "What should we do if we don't have enough resources?"

Wang Yu said: "We can only slow down. Slow accumulation is better for people like me, because I have several years of experience in the industry and have accumulated some industry resources. If you are a novice, it will definitely be very difficult in the first one or two years, but as time goes by, you will get to know people. If there are more, things will be much easier. I have basically established stable connections with most steel plants, so my work has gradually become easier. Sometimes my boss wants to know the data of a certain steel plant, and I can just call him. You can ask."

The traditional social concept has always been that "no pain, no gain", a person must rely on his own hard work in exchange for food, and those who just rely on a piece of news can "fly on a branch and become a phoenix." "The idea is unrealistic. However, the pattern of modern society has changed, and "gathering people before gathering money" has become a generally recognized social rule. Therefore, stop complaining because of your poor financial luck. The information that can change your destiny is in the hands of your friends. Quickly develop it and let them bring you unlimited wealth!

This article comes from "Parchments"