老徐时评

潘石屹的最新文章，他一直是比较清醒的人，文笔也不错！

Tens of billions in assets, daring to borrow over 2 trillion, with more than 500 times the financial leverage, also daring to gamble. Xu Jiayin has written a business revelation about greed, rules, and costs with his life, from the peak of wealth to being trapped in a quagmire. Upon reflection, I still feel that Li Ka-shing and Pan Shiyi are experienced enough, knowing when to take profits and understanding the need to subtract when necessary. #Stock[Super Topic]#

The conclusion of Xu Jiayin illustrates that for a business, the notion of being 'too big to fail' is actually a complete lie. A company and an entrepreneur, no matter how large they become or how glorious their past, will end up in the defendant's seat in court if they choose the path of illegality.

Trump's words are a mix of truth and falsehood, with truth mingling with falsehood. A president of a major country often speaks inconsistently, having long since exhausted his credibility [laughing] #Trump says the war with Iran is over#

In the Xu Jiayin case, the most solid evidence and the most shocking data are the financial fraud, inflating revenue by 564.1 billion yuan, inflating profit by 92 billion yuan, and defrauding bonds of 20.8 billion yuan. The current issue is that the lead underwriters, auditing firms, law firms, and credit rating agencies... should all be involved in civil joint liability for compensation, suspected of issuing significantly false certification documents and even complicity in fraudulently issuing securities. Let's see how accountability will be pursued next.

The number of people with pollen allergies in the north is increasing, and here are a few reasons: First, in the 1980s, Inner Mongolia introduced fast-growing sagebrush to combat desertification, unexpectedly causing endless troubles, leading many people in Inner Mongolia and even North China to suffer from severe pollen allergies and even asthma; whenever there is thunderstorm weather, hospitals are overcrowded; second, in the 1980s, Beijing planted a large number of drought-resistant fast-growing junipers, and now that the junipers are blooming, the pollen has caused many Beijingers to develop allergic asthma; third, a large number of willows have been planted in urban areas. Willows were previously mainly planted in the suburbs, while in the city, locust trees were generally planted. In recent decades, a large number of willows have also been planted in Beijing, and starting in April, the city is filled with willow catkins fluttering in the air, like snowflakes dancing in the sky. Currently, the issue of pollen allergies has increasingly attracted the high attention of relevant departments, but it is too difficult to manage; we certainly can't cut down all the trees that produce allergens, can we?

The golden age of China's real estate has created many myths of wealth. Among these myths, how many are genuine creations? How many are built on leverage, fraud, fundraising, and bribery, resulting in illusions? Xu Jiayin has used 30 years to present the answer to this question in the most brutal way, showcasing it to everyone.

At this moment, I think of Pan Shiyi, who is far away on the other side of the Pacific. This shrewd businessman is probably savoring red wine right now, laughing at those peers who outperformed him during the real estate boom [嘻嘻][允悲]#Evergrande Group Evergrande Real Estate and Xu Jiayin case first trial opens##Xu Jiayin pleads guilty in court during first trial#

Xu Pidai is charged with 8 counts: illegal absorption of public deposits, fraud in fundraising, illegal issuance of loans, illegal use of funds, fraudulent issuance of securities, improper disclosure of important information, embezzlement, and corporate bribery. With so many charges, and the case being tried in the Intermediate Court, it seems very likely that he will receive a life sentence. #Evergrande Group Evergrande Real Estate and Xu Jiayin case trial in first instance##Xu Jiayin admits guilt and shows remorse in court#

Cannot let him off lightly! Can those buyers of Evergrande's unfinished properties receive compensation? #Evergrande Group Evergrande Real Estate and Xu Jiayin case first-instance trial#

This child understands quite a bit [嘻嘻][允悲]

Only when one reaches a certain age does one understand the meaning of gradually withdrawing: withdrawing from noisy circles, withdrawing from draining relationships, withdrawing from the obsessions in one's heart... Gradually retreating is not about distancing oneself, but about leaving a sense of calm for oneself and giving life some leeway.

Feeling bored? Got money but nowhere to spend it? After finishing a PhD, do you go for a Master's? After a Master's, do you pursue another Bachelor's? After completing a Bachelor's, should you then attend a vocational school to learn a skill? If you keep studying like this, you'll learn until you grow old, and by the time you finish, you should basically be ready to retire! [嘻嘻][允悲]#Encourage doctoral students to pursue a master's#

An official went to Beijing for study and disappeared from the public eye for a while, causing a stir in the city with rumors flying everywhere. Nowadays, if someone has not made a public appearance for some time, people naturally think that they might be missing, which shows how fragile the officialdom ecosystem is. After all, there are too few officials who can withstand the test of fire. #stocks[super topic]##Moutai General Manager Wang Li personally responded#

It is said that Wang Shi and his wife chose to report the case, but it really isn't necessary to make a big fuss. Wang Shi is a controversial public figure, and with Vanke's mess, it's normal for others to comment on you. It's best to remain indifferent; others will still say you are magnanimous [嘻嘻]

It seems that everyone is still very concerned about the couple. Any slight movement can make the hot search trends [Hehe] #Wang Shi denies being arrested# #Tian Pojun responds to online rumors of Wang Shi being arrested#

An Olympic champion should be a treasure, but now he is suffering from online bullying, which is really hard to understand. What are these people after? Is there any benefit? Is there a profit chain and certain forces secretly supporting it?

The root of this chaos lies in the insufficient regulatory efforts of the relevant departments and the lack of strict enforcement. Sometimes it is difficult for consumers to distinguish between genuine and fake foreign brands, as the packaging is all in foreign languages, the promotions are all about overseas development, and the flagship stores are also overseas. Who among ordinary consumers would have the discerning eye? #These brands are actually all fake foreign brands#

For this type of scammer, strict measures must be taken. Anyone who teaches you how to make money is basically there to exploit you. #AI writing earns 2 million a year, couple's account banned#

Performance surged, and stock prices should reflect that. Previously, there was too much pressure on brokerage stocks, and brokerage stock prices should rise now [hehe]#stocks[super topic]##CITIC Securities is killing it#