Biggest joke in fund investment: Who doesn’t understand the other’s heart, between fund managers and investors? 

The biggest joke in fund investment: Who doesn’t understand the other’s heart, between fund managers and investors?

The popularity of fund investment once made people believe that investing in funds can really make money, but what is the reality? Investors are not just disappointed, but fund managers are relieved. The joke about funds is: Fund managers and fund investors are on the same line of interests, a relationship where both prosper and lose. What is the result? Fund investment losses have been more than 30% or even more than 90%, and fund companies and fund managers have not forgotten to charge management fees. The bigger joke is that the fund manager lost tens of billions, collected billions in management fees, and then resigned and ran away.

Faced with losses in fund investments, fund managers, with huge management fees and annual salaries of hundreds of millions, waved away the cloud of losses, leaving only fund investors learning to swim in the water. Fund investors and fund managers, who doesn’t understand who’s heart?

The first story: An outstanding farmhouse proprietress explained clearly the principles of investment funds

During the Spring Festival, I traveled to a farmhouse and saw that the business of the farmhouse was particularly good, so I discussed with the proprietress why her farmhouse was so good. What the boss lady said in a humorous tone resonated with everyone.

The proprietress said: “To run a farmhouse well, everyone must perform their own responsibilities. Waiters are to provide the best service to everyone. Chickens are raised to lay eggs so that everyone can eat safe eggs. Dogs are raised to guard the farmhouse and ensure the safety of property. The cattle are used to plow the fields to grow some safe grains and vegetables for your own use. This is why our farmhouse is so popular. “

A friend asked curiously: What if the chickens you raise don’t lay eggs? What if you raise a dog that doesn’t look after the house? The old lady answered without thinking: Then why should I raise these things? It is better to kill and eat meat.

After listening to the words of the landlady, everyone was really enlightened and suddenly understood a lot of truth.

Regarding funds, there is a very strange logic now. Once a fund manager makes money from investment, he is a hero or a star. He has to make more money from the profits, and even most of the extra money belongs to the fund manager. What if the fund manager loses money on his investment? Fund investors bear their own losses entirely and have nothing to do with fund managers and fund companies. More importantly, they have to pay fund management fees.

Great simplicity! The plain and direct conclusions of the farmhouse proprietress really made everyone admire their wisdom in life from the bottom of their hearts. If a fund manager cannot do things for investors or make money for investors, what is the difference between raising chickens but not laying eggs or raising dogs but not looking after the house? If we continue to confidently charge management fees for investment losses, then it is really not as good as the landlady of a farmhouse raising chickens, dogs, and cows!

Many fund companies and fund managers, if they can really do their job appropriately, those who can feed pigs will feed pigs, those who can feed cows will feed cows, those who can take care of the house will take care of the house, and those who can grow grain will grow grain… It is the real fund life! Otherwise, what do you think you need them for?

Second story: So profound! A pig farmer explained clearly the reasons for fund investment losses

Friends visited a pig farm and said that nowadays all pigs are raised digitally. Each pig has a chip and code, and even different drinks are fed according to the condition of each pig.

After arriving at the pig farms, we found that these pig farms are almost no different from ordinary pig farms. The only difference is that each pig has a chip, and the pig farm monitors various indicators of each pig based on the real-time data of the chip. And automatically adjust the pig’s feed ratio and water supply according to changes in each indicator.

My friend was very surprised, so he asked the management: Do you want these pigs to live happily every day by doing this in such a meticulous way?

The owner of the pig farm looked at our group of people very puzzled, and then replied in a very speechless manner: The purpose of raising pigs is to make the pigs less sick, grow more meat quickly, and then raise the pigs and sell them as soon as possible. Pork, as for whether the pig is happy or not, whether the pig is happy or not, do I still care?

They are so profound! Everyone was almost stupid. A pig farmer’s reasoning actually explained the reasons for fund investment losses. We used to think that the interests of us investors, fund companies, and fund managers were the same. We used to think that fund managers took our investment funds to help us make money and make us happy. In fact, we have now discovered that: fund managers We are not on the same interest bench as investors at all. Our interests are completely different. We invest in funds because we want to make money, and fund companies and fund managers have already made money when they receive our investment funds. If there are management fees, there is money to be made, and then what they consider is not how to invest and make money for us, but how to use our investment money to make more money, such as taking over high-end transactions, such as renting out investment securities, causing them to lose their own money. plate.

When we thought that our investors, fund companies, and fund managers were all breeders, and only the investment money was the pigs that were raised, we suddenly discovered that it turned out that we were the pigs that were raised through the chip, and the money we invested was used to feed us. drinks.

Fund companies and fund managers only care about how they can make money and make more money. As for whether we investors are happy or unhappy, making money or losing money, it has nothing to do with them. Do you know what fund investment is facing this time?

The third big story: The biggest joke about my country’s funds: Who doesn’t understand who’s heart, between fund managers and fund investors?

The fund was originally an investment, but now it has become more and more a joke, and it has continued for several years. Check out our fund-related jokes and stories over the years:

The biggest joke about funds in 2018 is that funds are “professional people doing professional things”; investors believed it and bought it. The result: the fund grew rapidly, but investors lost money.

The biggest joke of the fund in 2022 is the fund song: How much sorrow can you have, just like Kunkun, Chunchun, and Lanlan flowing eastward… You may be confused about why this is? The reason is that how many Kunkun, Chunchun and Lanlan here do you know?

The biggest joke about funds in 2023 is: People can make money by investing in funds. Have you made money by investing in funds? This is the most ridiculous thing.

Let’s take a look at the results: In 2022, all public funds lost a total of 1.4 trillion yuan of investment principal to fund investors, but the total management fee income collected by fund companies throughout the year reached 144.243 billion yuan. Under the premise of worse losses than in 2021, the fund management fees collected actually increased by 1.71%. When most fund investors suffered heavy losses, there were actually six public funds that each earned more than 2 billion in net profits.

Fund investment has always been an expert financial investment, a professional financial investment, a fund is a sound investment, and a fund investment is a low-risk, high-yield investment. We all believe in it! But the fund industry and fund managers have really taught us a lesson: funds are no longer the funds we like. At this time, do you still believe the nonsense and blind lies told by fund experts and fund promoters?