American Fortune Life

On March 8, today, a big event happened in history.

On March 8, 1909, this day was internationally designated as International Women's Day.

On March 8, 2009, there was nothing special, but the Americans who saw the latest "Los Angeles Times" early in the morning were all embarrassed by today ’s front page content.

"When the plunge is the best time"!

Andy Smith, touted as a financial genius of the new century, made specific remarks on the stock market, which made the United States see unusually from this "stock review".

"... the more severe the plunge, the harder the bottom. For stock investors, whenever the plunge occurs, firm investment information and overcoming fears seem to be twin flowers that will always torture us ..."

This article, as if a stone fell into a pond of standing water, splashed with water, and rippled.

But even the original creator of Andy could not predict whether the stones that fell into the dead water were meteorites or pebbles ...

As one of the three major newspapers in the United States, the Los Angeles Times has a very large sales volume. Even if the paper media declines, the big newspaper is a big newspaper after all.

The morning news of major TV stations also reprinted this article, and telephone interviews with various economists, experts asked their opinions to interpret this extraordinary article.

For a while, this morning on March 8th, the peace was completely broken, and the people of the United States were appalled. After all, it is related to the money bag and the economic recovery. No one would think that Andy Smith, a successful super-rich man, would Irresponsible nonsense.

No one thinks he's joking about the legendary road to his rise!

Of course, the content and viewpoints of Andy Smith's turbulent city-supporting article are not taken for granted, dismissive, and sneerous and ridiculed.

However, these have been unable to stop the enthusiasm of the media. Andy Smith's stock appraisal, whether accurate or not, is a carnival festival for their media, which is the guarantee of sales and ratings.

"... This reporter interviewed economists from top financial institutions, companies and academic institutions for this purpose. Most of them believe that the continued decline in personal consumption expenditure, the further sharp decline in real estate investment and the continuous decline in exports will lead to the first half of this year. The economic situation in the United States continues to deteriorate.

However, economists also expect that the US economy will pick up in the third quarter. They believe that the main reasons for the recovery of the US economy in the second half of the year include a sharp decline in energy costs, the implementation of tax cuts, and the ease of credit tightening.

However, sharp declines in house prices and high unemployment will still affect consumer sentiment ... "

Woke up early in the morning by the secretary on the phone, after reading Andy Smith's article in the newspaper, and sitting in the study in Warren Buffett in his pajamas, his eyes flashed brightly, watching the financial report on TV, and opened " Los Angeles Times, read it again.

I have to say that this article by Andy Smith is similar to his last year's "I'm Buying US Stocks".

Last year he called on investors to "bottom" the US stock market. What embarrassed him, however, is that the Dow Jones Industrial Index has fallen from more than 8,800 points at that time to more than 6,500 points today.

Although he did not regret it, he looked back and looked at Andy's article at this moment. At this time, Warren Buffett had a kind of heart in his heart. I hope that article will be published a few months later. sigh.

"Shett"

What suddenly sounded, Warren Buffett, who was still sighing, had a sudden change of face, and his expression was ugly and swearing. He just thought of receiving a one-hour interview with the CBS TV financial program yesterday. He said that he is still optimistic about the long-term economic prospects of the United States, but also said that the US economy has "fallen into a cliff, close to the worst situation he can imagine."

To be beaten again?

As soon as Warren Buffett's old face was hot, he reached out to grab the phone on the desk, but when he caught the phone receiver, his eyebrows frowned, and his gaze refocused on the article in the newspaper. He was very entangled in his heart, but he did n’t believe that Andy Smith would really “buy the US” at this time, and he did n’t believe that US stocks would rebound immediately because of Andy Smith ’s bottom, unless God really stood there Kid side!

While Warren Buffett was tangled, related news about yesterday ’s prediction of President Okuan's stock market was broadcast on TV.

"... If you look at it in the long run, the P / E ratio shows that buying stocks is a good choice now."

Hearing this sentence from the TV on TV, Frown Warren Buffett shook his head and smiled, and withdrew his hand on the phone, muttering like a mockery and a self-mockery, "How long is it? "

The long run may be really long, far beyond what can be expected.

Warren Buffett knows very well that the current economic situation in the United States is not optimistic. From the perspective of the general environment, the financial crisis is still in a deepening trend. As a result, the real economy is worse than it is.

U.S. Treasury bonds have reached more than 10 trillion U.S. dollars, and they are growing at an average rate of more than 3 billion U.S. dollars per day. The reality of being stretched has caused the United States to issue 7-year bonds monthly at the end of last month, which also ended in the 1990s. For the first time since issuing such bonds. In social life, the unemployment rate in various industries is still high, and more and more people have lost or faced the fact of losing their homes. More than 30% of the once carefree Americans have turned around and found it difficult to sleep. .

Under such a realistic situation, will US stocks suddenly stop their continuous decline and rebound against the trend?

This may be really small, I really thought he was Andy Smith!

Andy Smith's call for the bottom line may be a joke in the eyes of many people. He wants to wait until the opening to see if he is flickering and thinking about his heavy losses. After all, Buffett, the **** of stocks, acknowledged it.

Someone who wants to see a joke, naturally also believes in Andy Smith's bottom-line view, and is willing to follow his risk, especially those investors who bought gold with him, successfully hedged, and made a lot of money, He is even more convinced of Andy Smith's prediction and is preparing to follow suit blindly after the opening.

I also want to read a joke. Someone who is ready to follow blindly. As for Guan Guanhai, who is sitting at the breakfast table of the White House, reads the article in the newspaper, and comforts Andy Smith's efficiency and integrity in taking money. Greedy and shameless for a while!

"... Haha, I have never heard a professional investor say that one of his investment strategies is to listen to the president ... They may listen to the views of economists or the Federal Reserve, but they will never listen to politics. Character's point of view. "

Originally still vomiting that Andy was a gangster's Okuanhai, and heard the news comment on TV, he couldn't help but his face turned black ... Ahem, okay, black in the red, some gritted teeth watching the TV screen in the news studio Several invited economists and so-called Wall Street investment strategists here laughed and laughed at his new favorite president of the United States.

"So few of you, what do you think of the bottom copy in this article by Andy Smith? Is it true that, as he said, the U.S. stock market has bottomed out at this stage, and the stock market will immediately turn around?"

This question from the host stopped the smiles on the faces of the experts who laughed at the scene. After groaning for a while, he began to display various economic data, that is, he did not comment positively on Andy Smith's remarks. .

"This bastard!"

O watched the TV and laughed at him before. The so-called experts and scholars who used his words to enlighten him, and when they encountered Andy Smith's unpleasant comments, they almost spit out old blood.

"Too bullying the president by tm!"