Reaching the age of thirty, my income randomly doubled-Chapter 919 - 686: Development of the Technology Industry_3
It must be admitted that in the pharmaceutical field, Chen Pingsheng is also an outsider.
His wife only started to focus on this field in recent years, investing roughly over a hundred billion in the big health sector.
It looks like a lot, but it’s really just something like that.
As for becoming a giant in the pharmaceutical field, it’s completely impossible.
Chen Pingsheng’s own funds have not been tilted in this direction.
They annually calculate the economic growth rates of most developed countries worldwide.
And the development trends of core industries.
Additionally, there’s relevant policies, competition, and so on.
The previous few overseas investments can only be considered as seeking steady progress, stabilizing first before development.
The greatest advantage of this model is stability; the disadvantage is that both the profit margin and assets require years to recoup the costs.
It is far less than the high risk, high return of venture capital.
This is actually quite normal—after capital reaches a certain scale, the primary pursuit is absolutely not excessive profits.
But the safety and stability of assets.
This is also the main reason why Xiangjiang Li has always been keen on investing in basic livelihood projects.
If you want to say who’s the richest in Xiangjiang, if Old Li claims second, who dares to claim first?
He has long passed the capital accumulation phase, now continuously pursuing long-term stability. free𝑤ebnovel.com
Those people are just at this stage now.
Everyone still unanimously agrees to continue seeking stability in the next three years.
Chen Pingsheng personally took out another 50 billion for global investment in 2025.
Others also each put in 15 billion. How did they get this money? Who at the table wouldn’t make billions a year?
Tong Zelan called him to short that new energy vehicle company on Wall Street; after half a year, they made 6.2 billion US Dollars together.
Chen Pingsheng took a 30% share, getting 1.8 billion US Dollars.
This is all profit without any cost, simply by using his personal guarantee to borrow hundreds of billions in stocks.
Half a year later, that company had fallen from a market value of over 50 billion US Dollars to over 20 billion.
A decline of over 60%, in such circumstances, naturally brought in huge profits.
In five years, he plans to invest 200 billion overseas.
After completing the 200 billion plan, future investments will start to pursue excess profits.
Which means returning to major capital venture capital.
Making money by trading those overseas listed enterprises.
Small projects, though more profitable, are too hard to find.
Sun Zhengyi invested in Alibaba and already became the Investment God worldwide.
Trying to invest in another Alibaba, after decades, have you seen him hit another?
Chen Pingsheng managed to invest early in Tesla, NVIDIA, Google, Microsoft, and other companies.
The main reason is because he personally worked in those fields.
Thus he naturally understands this industry very well.
In the pharmaceutical field, he knew back in ’18 that it was going to boom; the future is unstoppable.
It’s one of the best future industries to make money in.
He also invested in dozens of companies before and after; have you seen a Tesla or NVIDIA emerge?
He’s invested in a lot, but the returns were not significant enough to be reflected in his financial reports.
Even as strong as he is now, investing in industries outside his understanding is still like a blind man lighting a lamp, fumbling around.
This is reality!
He only made big money by investing in new energy including AI fields.
The rest are all mediocre.
There is no so-called Investment God, it’s merely a high-probability choice after capital reaches a certain scale.
He has invested in at least fifty large pharmaceutical companies.
The ones that succeed, let’s not say there are none, just pitifully few.
