American Fortune Life

The global stock market was in turmoil, repeatedly breaking record declines. But a small upstart in the UK, dubbed the "King of London Short Sellers", has turned the financial crisis into a business opportunity for them, making money almost every hour of the day, and going on to make "big money".

"I love crises!"

Simon Corker, 45, is one of the main traders in Andy Smith's London finance group, and it took only a year to make a name for himself in the circle of British stock traders as adept at short selling.

This month he netted 25 million pounds, or about $43 million, in less than an hour, on a stock he had picked that was on a dive at the open, as he expected.

“I like this crisis because some people are stupid,” he said with a laugh. “I always like the fast-moving stock market situation, because people who are not smart make more mistakes, and I can profit from it.”

In the simple and bright office hall full of modern style, Simon Cork is lying on the boss's chair, with his feet on the desk, holding a cup of coffee, with a relaxed smile on his face, and bragging with other colleagues with a little complacency in his tone. Looking at Niu 13, there is a computer screen displaying various stock market indexes on the desk.

"FXXK!"

A bunch of raised middle fingers and disdainful complaints sounded, Simon Cocker was still bragging very much, ignoring the ridicule of his colleagues at all, anyway, when other people sneer in the future, he will be like them now Same, ridicule of envy, jealousy and hatred.

Of course, Simon Cocker knew very well that the magic weapon for everyone present to make money is short selling, and the secret to making big money is to trust your own judgment.

Short selling means that investors first borrow stocks from brokerage companies and sell them in the market, and then buy stocks from the market and return them in the future. If the stock price falls after the investor sells it, the investor earns the difference.

This investment method is risky. If the "betting" stock does not fall but rises, investors will suffer losses.

Corker is clearly confident in his judgment. He continued to shamelessly share his secrets of success: "My theory is that out of 100 opponents, I am smarter than 99. The remaining one, I will not let him win easily."

"I'm quick thinking and careful," he continued, boasting amidst the rants, "I don't panic."

"I will make a lot of money!"

"Shut up, you bastard—"

"Go to hell!"

"Crackling—"

"Bastards, you are jealous!" Simon Coke hurriedly put his feet down on the table, avoiding all kinds of objects flying towards him, shouting with a smirk at the corner of his mouth, he knew that he really gave this group of guys It's disgusting, otherwise you won't be attacked in the 'success time'.

"Crack!"

Chelsea Angle, the manager of the London branch, opened the door and walked out of his office. Seeing Simon Corker being attacked by various flying objects, he just smiled, clapped his hands, and raised his voice and said, "Okay, Stop making trouble, get ready, the video conference time is up, the boss wants to listen to our battle report!"

Simon Cork stood up from behind the computer screen, tugged the hem of his haute couture suit very gentlemanly, stroked his oily head, looked around proudly for a week, and said to himself: "Bastards , the meeting will be over in a while, and I will continue to share my secrets of success with you."

What catches the eye is that more than 30 middle fingers are raised high, and even Chelsea Angel shakes his head helplessly and laughs. I don't know how long this so-called "success time" section can last, and each one is more shameless than the other.

"Boss, according to the news, the UK Financial Regulatory Authority will announce that it will temporarily prohibit investors from short-selling financial stocks. The ban may involve the stocks of about a few listed companies..."

In the conference room, the eyes of everyone in the London finance team were focused on the screen wall behind the first position. On the screen was Andy Smith who had just finished the call with Ao Hei Niu.

Hearing Chelsea Angle's report,

Andy didn't seem to be surprised by the news. As the bailout policy still couldn't stop the stock market from plummeting, more and more people accused short-selling transactions as one of the reasons for the current financial market turmoil. Some regulators suspected that Wall Street financial institutions The sharp drop in stock prices is related to the illegal behavior of some short-selling speculators.

And the force represented by Andy Smith, who is crazy about making money with big shorts, has become a hatred and headache for many people, and more are helpless speculators. They will not break the law, but they can pass huge funds. To hedge against the target, even if they know the opponent's means, but under this general trend, they can only watch them retreat and return with a full load, leaving behind a messy scene of bleeding and mourning.

The financial administrations of various countries are forced to do nothing, and the only thing they can do to deal with this kind of big short is administrative intervention, directly prohibiting short selling of financial stocks that are most vulnerable in the financial turmoil.

"Hehe, then continue to short the stocks of other companies! The economic policy of the British government in the past 10 years has been a "crazy gamble". One of the root causes of Britain's inability to withstand the financial turmoil.

There will be large-scale unemployment and corporate bankruptcy in the next period of time. If we find these companies, we will make a lot of money! "

Naturally, everyone in the London branch had no objection to the big boss' decision, and this was an inevitable choice.

"How is the situation with the Icelandic krona?"

"It's in chaos. The Icelandic government has completely lost control of its own currency exchange rate. Credit card companies around the world are at a loss. The exchange rate in the international market ranges from 200-300 kroner to 1 euro. The actual operation is 225 kroner to 1 euro, while The price of purchasing euros in Iceland's domestic market is about 1 euro to 150 kroner, and Iceland's domestic foreign exchange reserves are too small, only 2 billion euros.

The flock of international speculators has emptied their foreign exchange reserves. At present, except for Denmark and Sweden, which have collected 2 billion US dollars to help alleviate the bankruptcy crisis of the Icelandic government, other countries have refused to help Iceland. British Chancellor of the Exchequer Alistair directly The use of anti-terrorism authority seized the assets of Icelandic banks in the UK, which triggered serious diplomatic conflicts. "

"Hehe, this is a lesson learned from Argentina, the 'national old man'. It's funny to say that, after eight years of international neglect, Argentina is now seeking to remove the 'old man' hat. Nowadays, the richest Iceland may wear this hat, do you think the Russians will give Iceland the 4 billion?" Andy couldn't help shaking his head and laughing gloatingly.

In 2001, Argentina became a "national old man" because of its unwillingness to repay its debts, and was ignored by the international community for eight years. Iceland certainly does not want to repeat the same mistakes as Argentina-8 years in the cold is too long, especially when you only When there is fish left to eat.

"The Russians have too many nearby conditions. It is unlikely that Iceland's loan will succeed. The European Union will not agree. In the end, the International Monetary Fund may only make a move. But the money must be in place in one step, otherwise, it will only change. If it becomes a refueling tactic, it will soon be hollowed out by international speculators using foreign exchange rates.

The Icelandic stock market suffered a sharp drop after opening on the 14th, with a drop of 77% at one point, the largest drop in a single day in history. In October last year, the highest point of the Icelandic stock market was as high as 8,571 points. Based on this calculation, the cumulative decline of the Icelandic stock market is astonishing. More than 90%, with a drop of 92%, won the first place in the global drop list.

Iceland, which has no real economy support and is a completely virtual economy, may only go fishing as their prime minister said. "

"Pfft—"

"Haha..." Andy couldn't hold it back, and burst out laughing, and everyone who was suffering from the same laughter also started to laugh. Because Iceland has a small population and abundant natural resources, Prime Minister Halder witnessed the collapse of the banking system. , The sharp depreciation of the krona and the soaring prices have greatly reduced the consumption level of Icelandic residents, so they had to stand up and suggest that the citizens go fishing by themselves to save food expenses.

Andy also found it funny that the Icelandic stock market, regardless of the feelings of 1.3 billion Chinese people, openly plummeted after the market opened on the 14th, with a drop of 77%. . . . . .