Mountain!

Liu Qingshan still has some reputations in UCLA, so he is considered a celebrity student, so many people know him.

Fortunately, American college students generally don’t disturb others’ lives, so Liu Qingshan is basically not harassed at all.

After walking in front, Liu Qingshan first bowed to Professor Peter, then nodded to Soros and others, and finally came to Rogers' side.

Rogers stood up with a smile and shook hands with Liu Qingshan: "Welcome, Mount, I know you are under a lot of pressure now, can you still hold on?"

Liu Qingshan also shrugged and looked at the three people opposite, in addition to Soros, there were later stock god Buffett, and Dalio, who designed the "pure alpha" fund. Whoever was it, would definitely feel pressure.

However, Liu Qingshan still said calmly: "Mr. Rogers, a great man in our country once said that all enemies are paper tigers."

"Okay, the courage is commendable." Rogers took the lead and slapped.

But the students below didn't buy it: What, they actually looked down on the stock market. Isn't that going to ruin our jobs?

After graduation, all the college students here want to work hard on Wall Street.

When Liu Qingshan sat down next to Rogers, Professor Peter began to preside over the meeting and used the slide to type the title of today's forum:

It was designed as a seesaw, with a man sitting on the same side with a wallet and a comic-like figure.

"The topic we are going to discuss here today is about the stock market. The positive side is represented by Mr. Soros, and he is optimistic about the development of the stock market."

"The opposition is represented by Mr. Rogers, who is looking down on the stock market."

"Today, both of them are going to have a debate here." Professor Peter briefly gave the opening remark, then raised his hand to signal to the prosecution.

The students below also began to listen with great interest, and some even took out small notebooks to record the key points.

They thought that they might save pocket money and buy one or two stocks, and maybe they could earn Christmas gifts for their girlfriends.

And the reporters who attended today also felt that the trip was worth it: such controversial topics are most suitable for news.

What's more, those who were sitting on the stage were not famous, except for the little guy named Mounting.

Soros, Buffett, Dalio, Rogers, these giants usually want to interview them, but they don’t have time to pay attention to you for hundreds, thousands or tens of thousands of dollars in a minute.

The first person to speak was Dalio, the founder of Bridgewater Fund, and he has always wanted to establish his own trading decision-making system, just like the unique secrets in martial arts novels, and is a representative of the academic technology stream.

Dalio calmly sorted out a few pages: "I have a survey report here, which is in the form of a questionnaire."

"On January 23 this year, the Dow Jones Industrial Average first plummeted 115 points and then rose 60 points. We can call it a flash drop."

"But in the questionnaire I organized later, only eight percent of the investors asked them to choose their feelings about the market that day, and chose words such as "fear", "fall", and "stock market crash".

"Ninety percent of those who choose vocabulary such as 'profit', 'crazy', and 'adding positions', and the remaining 2% are invalid votes."

Dalio used slides to show these sets of data and said: "What does this mean? It shows that investors are very optimistic about the stock market. They believe that the market will never follow the trend and sell stocks."

He finally concluded: "Without a large-scale sale, the so-called big stock market crash will certainly not happen."

There was immediately warm applause from below. As the saying goes, without investigation, there is no right to speak. Mr. Dalio, speaking with data, rather than the so-called "predictions", is still very convincing.

Rogers, sitting opposite Dalio, looked at Liu Qingshan with a smile: "Man, how are you going to refute him?"

Since he is a partner who fights side by side, he is of course a guy. Of course, Rogers will not underestimate the other party because of Liu Qingshan's age.

Liu Qingshan shook his head: "Time will tell everything."

Anyway, there is less than a week before the stock market crash.

"Time is indeed the best answer, but we should still say something, otherwise we will not be able to get off the stage."

Rogers simply picked up Liu Qingshan's paper, flipped through a few pages, and found one of the texts to read:

"This is a paper by Mr. Mountain, and I will take a short excerpt."

"From a psychological point of view, people generally have a herd mentality. When the stock market rises sharply, people will invest their funds in crazily."

"Similarly, when the stock market plummets, panic will spread like a plague, and everyone just wants to sell."

"We can call this investment mentality the herd effect. Wherever the head sheep goes, the flock behind will follow."

"So Mr. Dalio's questionnaire, although true, is not necessarily effective."

Rogers closed the paper gently and raised it in his hand, looking very satisfied.

The students in the audience also made low comments, and the herd effect was not popular yet, so everyone felt very novel when they heard it.

Many people conceived a group of sheep in their minds, marching aimlessly on the grassland, sometimes led east by the leader sheep, and sometimes led north by the leader sheep. The picture is really funny.

But it is very vivid. Are those investors like a group of mindless sheep under herhered mental hints?

And aren’t Soros Buffett and others sitting in front of them the leader?

Obviously, the three people on Soros also realized this problem. The three people looked at each other and shrugged their shoulders.

Soros suddenly felt childish and bleated in his mouth. The atmosphere in the entire lecture hall was much more relaxed.

At this time, Buffett spoke to Rogers: "Jim, Mr. Mountain's paper sounds very good. Can you show it to me?"

"No, I can give you a copy when the debate is over, but now, it's my weapon." Rogers said half-jokingly.

He really valued this paper, which was a feeling that Yu Boya met Zhong Ziqi.

Buffy nodded: "Well, I hope your weapon will not be detonated, otherwise..."

He did not continue to give the answer, but these economics studied all the major stock market crash in the United States in 1929, which triggered an economic crisis that lasted for more than a decade, and its power was comparable to that of mushroom bombs.

Anyway, it was Buffett's turn to speak, so he continued: "What I want to say is the change in the stock trading model. Everyone knows that traditional stock trading is a special way to write stock quotes in order on the trading version of the exchange."

"But after entering the 1980s, all this was replaced by computers, and computers were more timely and faster, which undoubtedly made the stock market full of vitality."

"With the popularity of personal computers, perhaps in a few years, you can buy and sell stocks by sitting in front of your own computer..."

Liu Qingshan was secretly convinced: Big bull is big bull, and his predictions for the future are very accurate.

But now Buffett probably hasn’t raised his own realm yet to the state of “I am afraid when others are greedy, and I am greedy when others are terrified.”

Otherwise, he should feel fear now, rather than sitting here and talking.

Buffett continues: "Based on the computer's powerful computing power, you can calculate all the risks of the stock market in advance. For example, I designed automatic trading for the computer."

"When the stock price drops to the risk zone I set, it will be sold automatically. In this way, there are no risks..."

When the stock god finished his point of view, the students below naturally gave applause convincingly.

This time, Rogers simply picked up Liu Qingshan's paper and pretended to go through a few pages: "Oh, this is a great arsenal, and you can always come up with the right weapons to fight back."

"Please listen to this paragraph, which also mentions the application of computers."

"Oh, these professional data are simply heavenly books in my opinion. I can only directly conclude that Mr. Mounting believes that computers are running too slowly now. When there are too many data, they will be like traffic jams on the road, causing delays."

After Rogers finished reading it, he looked at Liu Qingshan with a smile: "If that happens, I'm afraid Mr. Mount is going to play the song "The Last Mohicans."

There was a burst of laughter from the audience, but many people were shaking their heads: They all know the speed of the computer running, so how could it be a traffic jam?

Wall Street has been using computers for several years, and people have only seen its convenience and speed, and there has been no traffic jam.

This Mr. Mountain is obviously an alarmist statement.

If Liu Qingshan hadn't spoken on the stage, he would have been booed.

The students can maintain enough respect for those big guys, but they will not be polite to Liu Qingshan, a rookie who has just entered school.

Soros finally made a statement and summarized: "Our economy is recovering, the stock market is rising, and all of this is so prosperous."

"Everyone knows that someone gave me the nickname that he is the short selling king of Wall Street. Even I am full of confidence in the stock market. So what else do you have to worry about?"

His words were extremely inspiring, which attracted tides of applause from below, and it lasted for a long time.

Obviously, the students below and the vast majority of investors also hold the same view.

When everyone's eyes gathered on Rogers and waited for him to make his final statement, Rogers raised his paper again:

"Below I list the sets of numbers mentioned in the paper. In 1985 and 1986, the economic growth was 2.8% and 2.5% respectively."

"But consumption is growing at a rate of 4% per year, while residents' fixed residential investment increases by 10% per year."

"Gentlemen, we are all economic, what this means is self-evident."

“So I hope everyone can keep a clear head, not blindly optimistic.”

After saying that, he stood up and bowed.

Of course, the audience below also received polite applause, but compared with just now, the enthusiasm was much worse.

After Rogers sat down, he complained again: "Man, you are not a competent teammate. After sitting here, you didn't say a word."

Liu Qingshan simply cooperated with him, but still didn't say anything, but raised his hand and pointed to his paper.

Rogers then held his forehead with his hands: "Oh, I almost forgot that the opinions I quoted are actually all yours. So, you are the real main force."

After saying that, he gave Professor Peter a thumbs up: "Professor, you have developed a great student."

"It's too early to say this now." Professor Peter doesn't think so.

He was also preparing to make the final statement and then entered the free discussion. I believe that the students below would have a lot of things to talk to several big priests on the stage.

But Rogers was not going to let him go: "Professor, time will prove everything, facts are better than words."

"No, Jim, I won't make any assumptions before things happen. Of course, if Liu's prediction is correct, then I'll consider helping him finish his undergraduate studies in advance and follow me to do a PhD."
To be continued...