Investment comes with risks; proceed with caution.
This was Zhao Lichun’s first individual investment, and not only did he manage to bankrupt himself, he dragged his biggest backer down into the abyss with him.
The initial capital for the two was 400,000, and with contributions from a motley crew of friends, they had charged into the Japanese real estate market with a total of one million. The five million brought back previously due to the Che Zhiqiang incident had merely cleared the books of everything except the original investment, leaving the one million in capital untouched. Zhao Lichun had actually considered withdrawing the principal, but at the time, the market situation looked so promising that he felt pulling out would look like he was excluding others, so he shelved the idea.
Chapter 527