Chapter 427: The Boss is a Stock Investor (Part 1)

At ten in the morning, Zhao Qingfeng arrived at the coal mine building.

Before going upstairs, he sat in his Bentley and thought for a while.

It was obvious that buying the building directly for 40 million was an absolutely good deal, but currently, Lingfeng Technology’s liquid assets were not abundant.

Although the total revenue from all platforms was close to 150 million.

But there were still various investments to be made in the future, and investing earlier is more cost-effective, with lower costs and higher future returns, so it’s best to minimize expenditure costs as much as possible.

“Boss?”

Not long after he stopped, a security guard came over to politely strike up a conversation, asking if he needed to contact the general manager.

The employees of the coal mine building had already moved out, leaving it almost empty, with only the security department still stationed.

Zhao Qingfeng handed over a pack of cigarettes with a smile, saying, “Brother, I want to buy the building, could you please contact President Cao for me?”

The security guard happily made the call, and Zhao Qingfeng also got out of the car.

Entering the security booth, after the security guard finished contacting, they chatted sporadically.

The job of a security guard is actually quite lonely.

These days, they can’t scroll through TikTok or Kwai, usually only reading some martial arts novels to pass the time.

Moreover, chatting with a big boss, the security guard also felt quite honored.

Zhao Qingfeng, generous as he was, had Wang Xiaohu bring over two boxes of drinks to leave here, politely inquiring about President Cao’s hobbies.

“There are too many to count!”

The security guard smoked and talked non-stop.

Fishing, cars, drinking, women, but Zhao Qingfeng was not interested in these.

Soon, the security guard revealed a major piece of gossip, “Also, starting a few years ago, President Cao got hooked on stock trading. Probably because the company was going bankrupt and there was no place to make money, he also started venturing into the stock market. Hehe, just joking, but in this day and age, without money, even women won’t follow you. It’s easy to go from frugality to luxury, but hard to reverse. President Cao is quite the playboy; he definitely can’t get used to living without money.”

With the company shutting down, opportunities to make money were definitely becoming scarcer, and entering the stock market seemed like a good choice.

But most in the stock market are leeks.

Unless there’s a big bull market, chasing highs and selling lows is the norm for stock investors.

However.

There’s always survivorship bias.

Like a few years ago, a person from the coal mine company made 280,000 from an initial 20,000 in 18 months through stock trading.

This was once considered a ‘beautiful story’ within the coal mine company.

Many employees joined the stock trading ranks as a result.

Old Cao, seeing this, thought for a while and believed his IQ was definitely higher than the guy, and thus he also entered the stock market.

However, his IQ was not low, but his luck was indeed average.

The stock market is unpredictable, with countless behind-the-scenes manipulations, and even someone as smart as him didn’t make much money, but in the end, he lost more than two million.

“His luck isn’t very good.”

Zhao Qingfeng made a few perfunctory remarks, and Old Cao’s car also arrived.

It was a Jetta, which, according to the security guard, was a Mercedes just a while ago.

His complexion was not good, always looking gloomy, but he forced a smile upon knowing the visitor was Zhao Qingfeng.

“President Cao, let’s talk about the price.”

Upon reaching the upstairs, Zhao Qingfeng pretended to look around.

In fact, it didn’t matter; after a few years, it would be demolished anyway, what he wanted was the huge compensation from the government.

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