A job advertisement for a famous economist looks very much like an internet celebrity

In the past two days, Ren Zeping, a well-known economist, moved from Evergrande with an annual salary of 15 million to a securities firm as chief economist. After that, he posted two posts on his public account, which is very interesting.

The title of one article is quite straightforward - "Reduce holdings of U.S. dollar assets, it's time to resist the arrogant U.S. dollar hegemony and shear sheep."

It mentioned:

Lao Nan agrees with these, and Lao Nan himself has mentioned them in his previous articles.

However, the solution provided shocked the industry:

Just looking at the content, you will feel very happy and inspiring, what a fool.

But if you look at it from a professional perspective, there are a lot of things worth discussing.

On the one hand, with the popularization of vaccines, the recovery of the U.S. economy, and the recent statements of the Federal Reserve, the U.S. dollar index has rebounded significantly, gold and other stocks are showing an obvious downward trend, and short positions on the U.S. dollar are also being withdrawn significantly.

It is very obvious that the US dollar is regaining its strength, otherwise how can we cut the leek.

At this time, as a professional economist, would you recommend that your clients reduce their holdings of U.S. dollar assets?

On the other hand, it is recommended that the world buy commodities such as gold and oil, as well as stocks of overseas high-tech companies. The key is that these are almost all settled in US dollars.

Moreover, apart from U.S. bonds, what other asset has the capacity to accommodate such a large amount of money, with a daily amount of 3 trillion?

Lao Nan doesn’t believe it. The chief economist doesn’t understand these simple truths.

The other article is Mr. Ren’s signature advertisement, recruiting for a position that you may not expect:

Those who know, it is recruited by the Securities Research Institute, but those who don’t know, they thought it was from the Internet Red operating company.

Think about last year, funds became entertainment-oriented. After the recent market correction, they were criticized by all kinds of abuses.

Finance itself is difficult to entertain. If you want to be "down-to-earth", it is difficult to ensure rigor. Lack of rigor is itself a risk.

After all, the logic of the Internet is that "emotional" traffic is easy, but "professional" traffic is more difficult than reaching the sky.

As long as the former can arouse emotions, no one cares about right or wrong; the latter is always jerky, but good medicine tastes bitter.

Last year, Lao Nan read an article written by a former brokerage researcher, analyzing Li Daxiao, chief economist of Yingda Securities and a top Weibo fan with 6 million followers.

He is probably the most popular among the chief economists of all brokerage firms. The phrase "The bull market is coming", together with "diamond bottom", "baby bottom" and "cyclical bull", are a perfect entertainment V.

However, in the securities industry, regardless of public offerings, private placements, or asset management, they have no influence. Including the "New Fortune", the highest honor for researchers, is also missing from the list.

However, this is not important. The annual salary of the top people on the "New Fortune" list is generally between 3 million and 5 million. And if you want to get ahead and get on the new wealth list, it's almost like hell.

And Li Daxiao’s annual appearance fees, advertising fees and other income may exceed those of these chief executives. The key daily expenses are relatively easy.

Some things cannot be judged simply by right or wrong. After all, in a market economy, you can do whatever is not prohibited by law, as long as someone pays the bill.

The question is, do you want to invest and make money? Still want entertainment?

The former cannot be emotionally or entertaining at all. Data, logic, and research framework are all indispensable.

For the latter, Guo Degang may be more suitable, at least it will not make you lose money.

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