Some things I saw and heard during my visit to Po County (integration, vortex, bubble)

I went to Po County for 5 days last week and met many bigwigs. Here are some things I saw and heard:

1- It is really easy to integrate, and you don’t have to be a second-class citizen

There is no problem communicating in Chinese in shopping malls, restaurants, etc.; if the other party is European, American or Southeast Asian in some occasions, there is no obstacle to simple daily oral communication;

It is easy to integrate, there is no time difference, and basically work is not affected at all. Most restaurants have Chinese service. If not, it is okay to look at the menu for complex dishes

It is indeed much more comfortable than going to developed countries such as Japan, South Korea or Europe and the United States

2- There are many high-net-worth Chinese players and bigwigs; the drive takes more than ten minutes, and deals are done quickly

There are many financial bigwigs here, and Chinese people are relatively close to each other; after a little chat, there are many intersections of friends in the circle of friends, which reduces the cost of trust

After a good chat, there will be a follow-up cooperation in 2-3 days. This kind of place with high talent density is indeed suitable for some players with resources to chat frequently.

Ps: But you also have to be careful of the huge whirlpool and bubble in the financial market (especially the crypto market, old investors know it; what to believe and what not to believe; you have to distinguish it yourself, don't be too confident)

You can communicate more with the big guys, and if you want to improve your strength, you have to rely on yourself to do things solidly.

3- The work is really not competitive

The unemployment rate here is very low. I talked to a few institutional players and they can leave at 4-5 pm. Moreover, most of the broken county companies do not punch in and do not PUA you. Just use the work results to speak.

An old friend took a taxi to take me to Universal Studios at 4 pm to buy some souvenirs for my child. The old friend has been working in Po County since he graduated from graduate school. He has lived here for more than 10 years and is very familiar with this place. It is really not accustomed for him to return to the mainland. He just bought a school district house for his child. It is not expensive, about 100,000 yuan per square meter. After all, there is no 60% tax for foreigners.

4- Overall, I feel that the public security is good

I talked to several Chinese who have lived here for a long time, and they generally said that the public security is very good. It is indeed the same as other countries in Southeast Asia. Everyone knows it. No one wants to become "The Lost Girl"

5- Some insights on investment

I talked with a big boss who is very good at trading for 4-5 hours, and I got 2 very deep inspirations:

① Big money still depends on key positions and timing in a few cases

Even if you communicate with players who have a good relationship with you, don't refer to other people's opinions too much; the key investment money still depends on your own cognition.

He doesn't do frequent timing, even if the amount of funds is large, the impact on the market is really small. The more powerful people you communicate with, the more people feel that they don't have any short-term timing ability. This is the same in any financial market.

② Overall, you still have to think in terms of the US dollar standard

Bears are long and bulls are short, and you have to fight and retreat. It's actually very uncomfortable to have a large position on a roller coaster. We are here to make money and find our own comfortable point with flips. If this is the case, it is still appropriate to use options. If you don't hold B, you can go long on synthetic longs based on U, and fight and retreat.

The money that is in your pocket and off the table is truly yours. (This is really the perspective of retail investors and investors)