The storm of electronic fraud, the day I was deceived into northern Myanmar

"Team leader, finance is a very broad concept. I want to know why you are interested in finance?"

Lao Chen sat on his chair with his back stretched out, holding a glass of wine in his left hand and a pair of chopsticks in his right hand.

On the table in front of him were a lot of packed meals, which I promised him.

He came over to teach me some financial knowledge, and I was responsible for treating him to supper.

"Just interested." I said.

Since coming to the park, I have discovered that many of the scams in the park are related to finance.

It was also from that time that I became interested in finance.

"Interested?" Lao Chen took a sip of the wine in his glass and asked me with a smile, "Then tell me what finance is?"

I thought about it and didn't know how to answer this question.

He smiled and said, "Can't you answer it?"

"Hmm." I nodded.

"In this way, today I will tell you some basics so that you can understand what finance is."

I nodded and took a ballpoint pen and a notebook.

"For example, Zhang San is a pig butcher who kills pigs for others. One day he suddenly wanted to open a pork shop of his own, so he went to find Li Si next door and wanted to ask Li Si to borrow start-up capital."

"Li Si has some money in his hand, but he is afraid to lend money to Zhang San because he is afraid that after the money is loaned out, Zhang San will lose money and his own money will be gone."

"At this time, Zhang San said that as long as he was willing to lend himself money, he would be willing to pay back an extra portion of the money every month as interest."

"So Li Si was moved and lent his money to Zhang San to open a pork shop."

When Lao Chen said this, he smiled and said: "This is the earliest financial concept."

"So simple?" I was stunned for a moment.

Old Chen smiled and continued: "Zhang San wants to open a pork shop, he can ask Li Si to borrow money. But what if Wang Er Mazi wants to open a cloth shop and he doesn't have friends like Li Si around him? What if you also want to To open your own store, who can you borrow money from?"

I frowned slightly, thought for a while and waited for the next step.

"So many people want to borrow money, and when there is demand there is supply, so an intermediary institution appears that can lend money to many people, and this intermediary institution is a bank."

Lao Chen said: "First of all, this bank needs a certain degree of credibility. It calls many people to hand over their money to it for safekeeping. Every once in a while, it will take out part of the interest and distribute it to the people who deposited the money. At the same time, it can also lend out money to help More people open stores and earn the price difference.”

Hearing this, I couldn't help but suddenly realized what I wanted to say, but I didn't know how to express it. In the end, I could only say: "So this is how the bank came to be?"

Lao Chen said: "This is just a simple example. In order not to break their trust, banks basically guarantee that the money they lend can be recovered stably. If what Zhang San wants to do is something with high risk, then the bank It’s impossible to lend him money.”

"At this time, what should Zhang San do? He can only find a way to find someone willing to lend him money, such as Zhao Wu. However, Zhao Wu did not want to take such a high risk and only charge a little interest, so he Proposed to take half of the profits from Zhang San’s new project. And this is equity investment. In professional terms, this is called equity investment.”

"Soon, Zhao Wu made money because of this model. So many people in the world began to imitate him and began to look for people like Zhang San everywhere, so the so-called investment bank came into being."

"What investment banks do is to look for potential stocks like Zhang San, and then invest a small amount of money in them to get more returns."

At this point, Lao Chen stopped, pointed to the wine glass in front of him, and motioned for me to pour him wine.

I hurriedly filled up the wine for him, and he took a sip from the glass and continued: "The money from the investment bank is naturally not his own. It just acts as a middleman, bringing together people like Zhang San and Zhao Wu, and collects the money from them." There is a certain service fee, you need to understand this.”

I nodded and wrote it down in notes.

"Of course, not everyone in this world can spend a lot of money for investment, but how should we deal with it at this time?" Lao Chen asked.

I thought for a while and said: "Raising funds?"

He smiled and said: "It's almost the same, but in the financial field, there is a more advanced approach, which is to go public. When a company is listed, many retail investors can use their money to buy the company's stocks and become shareholders of the company."

"As for financing, listing, stock issuance, and bond issuance, there are many things that can be explained clearly in just one or two sentences."

Lao Chen drank the last bit of wine in the cup, burped and said, "Anyway, you just need to remember that the so-called finance is to make the distribution of money more reasonable. Do you understand?"

I nodded, took a deep breath, and sorted out what Lao Chen just said.

After a while, I asked: "You said before that you only ran a cloth factory in your hometown? How do you know so much?"

Lao Chen's eyes were a little dim, and he smiled slightly and said, "Just because I run a cloth factory, it doesn't mean that I can't understand these things."

Seeing that he didn't want to say more, I didn't continue to ask.

It seemed that Lao Chen had real talent and learning in his belly, and I felt a little happy.

If you can study with him for a while, you will definitely learn a lot by then.

Soon, he had too much to drink.

I didn’t know if it was really a lot or just pretending, so I had no choice but to send him back to his dormitory.

In the next few days, I began to supplement my financial knowledge. With Lao Chen’s guidance, I made rapid progress.

I can barely understand many professional things.

Of course, in addition to studying finance with Lao Chen, I also took some time to learn programming.

I find that programming is much more difficult than finance, mainly because the things involved in programming are too complicated.

Soon, I became a little confused about learning programming and didn’t know where to start.

After thinking for a long time, I decided to go find Zhou Yang.

With [-] yuan, I went to Zhou Yang's place.

"Hey, you're here?" Zhou Yang turned around from the computer desk and looked at me, "How are you studying?"

I handed him a pack of cigarettes I brought with me: "I have a few questions I'd like to ask."

"Have you brought enough money?" he asked with a smile.

I handed over a chip with a face value of [-]. He raised his eyebrows and took it: "Ten questions, please ask."

"I'm learning assembly now, but I find it's too boring, and many things are very low-level..."

Before I could finish speaking, he said, "I understand what you mean. You want to learn something that you can get started quickly, right?"

I nodded.

"This is true for people who are new to programming. There is nothing to blame yourself for."

"But there is one question I still want to ask." Zhou Yang said.

"what is the problem?"

"What is your purpose in learning programming?"