Is he Buffett II?

Is he Buffett II?
Mar 5, 2008 02:25
JIMMYB Points: Join Date: Feb 7, 2007 Status: offline	Having 2 billion yuan and trading about 70 billion yuan stocks in one year, who do you think is this guy? He is boasted as the Buffett II, the master of Chinese stocks. Those who are interested and do investment in Chinese stock market almost have heard of him. He is not tall but a little fatty. He can’t drive a car and even doesn’t have a cellphone. However, he has 2 billion yuan in his account. Who is he? Zhang Jianping, a master of Chinese stock market. It is said that he had won about 100 billion from two shares. In 1996, he invested 50 thousand yuan (all his saving) in the stock market. From then, a legend was to be staged. One year later, he had accumulated about 200000 yuan, 1998, 5 million yuan and 30 million in 1999. In 2000, he suffered a heavy loss and lost 15 million yuan. He said that he had learned a good lesson from that failure. In 2007, his total asset had reached 2 billion yuan. What does it mean? If he was included in the Chinese Richest list made by Forbes, he would be No.275. Just in 2007, he paid nearly 0.2 billion for stamp tax. Wherever he goes, he is the focus and followed by a large amount of adherents. As a Chinese saying goes, there must be a capable woman who stand behind of a successful man. Fang Wenyan, Zhang’s wife, actually has very little knowledge of stock investment. However, she is very capable. With her help, Zhang can plunge himself whole-heartedly into stock investment. It is said that Zhang hasn’t had any braintrusts or assistants. He never takes apprentice or does financing for others. He thinks for himself and operates his stocks independently. Someone once asked him a question: “You have already got 2 billion yuan. Why not enjoy your life instead of working in the office?” He answered: “Doing investment in the stock market is the only thing that I can do very well. Except it, I don’t know what I can do.” What do you think of this guy?

Mar 5, 2008 02:25

JIMMYB
Points:
Join Date: Feb 7, 2007
Status: offline

Having 2 billion yuan and trading about 70 billion yuan stocks in one year, who do you think is this guy? He is boasted as the Buffett II, the master of Chinese stocks. Those who are interested and do investment in Chinese stock market almost have heard of him. He is not tall but a little fatty. He can’t drive a car and even doesn’t have a cellphone. However, he has 2 billion yuan in his account. Who is he? Zhang Jianping, a master of Chinese stock market. It is said that he had won about 100 billion from two shares.

In 1996, he invested 50 thousand yuan (all his saving) in the stock market. From then, a legend was to be staged. One year later, he had accumulated about 200000 yuan, 1998, 5 million yuan and 30 million in 1999. In 2000, he suffered a heavy loss and lost 15 million yuan. He said that he had learned a good lesson from that failure. In 2007, his total asset had reached 2 billion yuan. What does it mean? If he was included in the Chinese Richest list made by Forbes, he would be No.275. Just in 2007, he paid nearly 0.2 billion for stamp tax. Wherever he goes, he is the focus and followed by a large amount of adherents.

As a Chinese saying goes, there must be a capable woman who stand behind of a successful man. Fang Wenyan, Zhang’s wife, actually has very little knowledge of stock investment. However, she is very capable. With her help, Zhang can plunge himself whole-heartedly into stock investment. It is said that Zhang hasn’t had any braintrusts or assistants. He never takes apprentice or does financing for others. He thinks for himself and operates his stocks independently. Someone once asked him a question: “You have already got 2 billion yuan. Why not enjoy your life instead of working in the office?” He answered: “Doing investment in the stock market is the only thing that I can do very well. Except it, I don’t know what I can do.”

What do you think of this guy?

Mar 8, 2008 01:04	#1
GUEST134	I guess that there are many people who are like Zhang Jianping in the mainland stock market. China's stock market has produced many millionairs and multi-millionairs.

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