Inventors Were All Warriors
"We're not interested..." Mr. Truman, who had already locked his car, happened to walk over. He shook his head and rejected the stockbroker's pitch.
Lin Qi didn't mind giving the other person a business card. The young Stock Broker knew this wasn't the place to talk, and mainly because there was someone who didn't like him, he didn't linger and chose to leave.
He didn't show any anger or frustration on his face. He had experienced this situation far too many times. Some people would even curse him and drive him away.
Compared to those, these two are true gentlemen.
In fact, he knew Lin Qi. Most people in the financial and political circles who are familiar with current affairs know Lin Qi. Even if they don't recognize him at first, they will recognize him after looking at him for a while.
This was an opportunity. He dared to sell his yellow slips to Lin Qi. He tried and got a fairly positive result. Lin Qi gave him a chance.
Watching the encouraged young man leave, Mr. Truman shook his head and said, "You shouldn't have given him your business card. He'll keep bothering you, and they only sell Little Yellow Sheet."
In the era before information technology was available, stocks were physical entities. Currently, there are two main types of stocks circulating in the market. The first type is rectangular, like bonds, and quite large.
It has a blue border, some anti-counterfeiting patterns and measures, and inside it shows how many shares of a certain company are listed, as well as the official seals of the issuing company, the regulatory body, the issuing bank, and the signature of the person in charge.
Most of these stocks were issued in the early days. At that time, anti-counterfeiting measures were relatively backward. In order to ensure that the stocks would not become a new target for counterfeiters, the issuers even used manual signatures and seals to produce them.
However, with the development of technology and the emergence of more and more anti-counterfeiting measures that are difficult to imitate, the size of stocks has gradually shrunk, to about the size of two or three hundred-yuan bills laid flat.
The entire stock certificate production utilizes anti-counterfeiting printing technology at the same level as current currency to ensure that counterfeiters cannot replicate the stock certificate on a large scale.
Whether in the past or present, the stocks are all blue-bordered and blue-background. The color isn't particularly blue, which might seem a bit odd, but it is indeed blue. These are stocks that can be listed and traded by the three major banks and are also known in the industry as "small blue stocks".
Blue represents security, stability, and trustworthiness in the Federal; it is a universally accepted color symbol.
Besides the blue-listed stocks, there is another type of stock, which is the Little Yellow Sheet that the stockbroker recommended to Lin Qi. It exists in the gray area between legality and illegality.
Because most of the people or organizations that issue these Little Yellow Sheet are companies or individuals without listing qualifications, and various official agencies do not strictly regulate the yellow ticket market, it is like a forest.
It can't even be called a stock; it's more appropriate to call it a financing order or a fundraising order. More importantly, these Little Yellow Sheet are essentially a joint effort by various stock brokerage firms in Bu Peien.
They gave some people a chance. For example, at today's exhibition, some people thought their inventions were very promising, but no one was interested in their ideas. They needed funding to continue their research. What could they do? In this case, they could go to brokerage firms, or more often stockbrokers, who would offer them very favorable terms.
People who need funding to continue research and development propose a fundraising standard: as long as they put up 500 yuan to a stock brokerage firm, the brokerage firm will issue them 5,000 yuan worth of stock and have the stock broker actively promote it.
Many people gamble, and invention is essentially a gamble. No one knows whether their invention will become a shining page in human history, like countless other inventions that have changed the world.
Every year, tens of thousands of inventions are created in the Federal, but only a dozen or so can actually enter people's lives. It is precisely because of this huge disparity that many people think that invention is a very difficult thing.
It's not actually difficult; the difficulty lies in the fact that no one knows whether an invention will have any value after it's created, which introduces a gambling element.
Inventors gamble; they raise money to issue Little Yellow Sheet to continue their inventions. People who buy these Little Yellow Sheet also gamble, because nobody knows how much of what stockbrokers say is true.
Everyone is gambling, but the real money is made by stock brokerage firms, who extract huge service fees from it.
While the service fees for ordinary stock trading range from 0.5% to 0.2%, the service fees for "Little Yellow Sheet" (trading scammers) are over 50%, and there are even instances of underreporting.
Because of the lack of regulatory mechanisms and institutions, the stockbroker market is actually very chaotic. As long as they don't break the law or even if the violation is not serious, the audacity of those Stock Broker and brokerage firms can leave even the president speechless.
In fact, from the very beginning, the creation of the Little Yellow Sheet" was a market created by unscrupulous financial professionals to swindle money from entrepreneurs and stock investors who knew nothing about it.
No one expected that this way of swindling money would grow bigger and bigger, and even give rise to a special market for Little Yellow Sheet and a trading system dedicated to Little Yellow Sheet.
Every week, many stock brokerage firms in Bu Peien jointly publish various Little Yellow Sheet of information in a newspaper called "Weekly Trading Early News". Among them are stories of people who bought stocks at extremely low prices and, after a long wait, saw their stocks increase hundreds, thousands, or even tens or hundreds of thousands of times overnight.
Many of these are True Story. The Little Yellow Sheet are illegal, but not illegal either. If they provided some vague and false information, they would be breaking the law. They wouldn't do that, but they have ways to make such things happen.
People are always amazed by miracles, and with every stock seemingly having a bright future, there will always be some people who think about betting a huge return with a few hundred or a thousand dollars.
Oh no, these investors who know nothing about finance aren't gambling; they simply believe that these Little Yellow Sheet they buy can really bring them miraculous wealth changes.
Many stockbrokers and brokerage firms survived the worst of the economic crisis by relying on Little Yellow Sheet.
Now that the situation has stopped worsening, these people have become active again, and major exhibitions have almost become the main markets for selling their "Little Yellow Sheet." Inventors showcase their inventions while stockbrokers promote their "Little Yellow Sheet," and they reap huge profits from both sides every day.
To ensure the public has a full understanding of this gray area, some financial institutions have reached a consensus that these privately issued stocks must be marked in yellow, using a color that conveys warnings and alerts to all investors.
In reality, doing so is completely useless. Investors who have absolutely no financial knowledge never face these issues directly; they only deal with stockbrokers who are good at talking and boasting.
"The term he just used, 'Radio Reconnaissance Array,' sounds very high-tech and interesting," Lin Qi said with a smile as the two walked inside.
He felt the word sounded familiar, but couldn't quite place it. However, given his current social status and wealth, he could be curious about anything; he had the right and the means to be curious.
Mr. Truman said nothing more. He believed Lin Qi wouldn't get too involved; if he could stumble in the Little Yellow Sheet market, he wouldn't be Lin Qi.
As they spoke, the two had already entered the simple exhibition hall. It was just a porch made of a few pieces of wood, with a sign hanging on it and some triangles and posters pasted on them.
"Inventors, and con artists, let's hope we can make something of ourselves today." As soon as the two entered the venue, a soldier in uniform greeted them and led them deeper into the exhibition hall.
As they walked, Mr. Truman explained, "There are two things at this exhibition that I'm particularly interested in, and the military is also paying attention to them."
"The first is an invention about harpoons, the second is a new flying machine..."
When the topic of aircraft came up, Mr. Truman had a strange expression on his face. "Lin Qi, do you know that in the field of invention, aircraft-related inventions are known as the 'most dangerous field'? Do you know why?"
Lin Qi readily agreed, "Because aircraft could potentially be used in war?"
Mr. Truman paused for a moment. "Why do you think that?" But before Lin Qi could answer, he shook his head and continued, "Forget it, what you said makes some sense, but it's not entirely correct."
"The reason people say this is that in the last decade, at least a hundred inventors have lost their lives trying to invent a practically useful aircraft."
"Falling, exploding, or something else."
"You'd never guess that someone actually thought of launching a wooden bird model that looks like it's spreading its wings into the sky like a cannonball!" He couldn't help but smile as he recounted this little news story. "It's truly a sad thing!"
In fact, Mr. Truman was unaware that the guy who had this sudden inspiration and died in a crash had spurred the advancement of gliders. Of course, this had nothing to do with him; he wasn't in the field.
Speaking of aircraft, Lin Qi suddenly realized that he was an expert in this field. He had not only seen aircraft, but also rockets!
The entire exhibition venue was huge, so huge that it took the two of them more than ten minutes to reach a somewhat empty area at the back.
There is a hard dirt road about 100 meters long here, and a simple stepped platform by the roadside. Quite a few people have already gathered there, but compared to the lively and interesting inventions inside the exhibition, there are far fewer people here, and there are basically no children.
The absence of children means that families who come with children won't pay attention here, because almost every exhibition with aircraft displays results in a death.
They bring their children here to experience an advanced scientific atmosphere and to inspire their children's dream of becoming scientists, not to watch a bunch of "idiots" fall and get hurt.
This... is truly a sad story!