Island Survival Global Live

The Wall Street tycoon made a fatal mistake. He did not let his subordinates investigate the source of funds for long US stocks.

It’s no wonder that Zuo Bufan made multiple transactions, and the amount of funds in each transaction was controlled below 100 million U.S. dollars.

Therefore, it did not arouse alarm on Wall Street. Wall Street took it for granted that their own people were doing long U.S. stocks.

Zuo Bufan sold the 6 billion long-term funds he had purchased earlier at once, making a profit of 400 million US dollars.

He spent 5 billion US dollars to short-sell U.S. stocks.

The U.S. stock index fell by 9% in an instant. Zuo Bufan's move caused a stampede of panic. Other people in the United States sold their stocks and followed suit by shorting U.S. stocks.

Ten minutes later, the U.S. stock index fell 13%, which is rare in history.

Zuo Bufan's move caused panic among all the investment tycoons on Wall Street.

Buffett immediately started a live broadcast to dissuade the public from being impulsive and treating the market rationally.

While Buffett was live broadcasting, Zuo Bufan once again spent the remaining 4 billion U.S. dollars to short U.S. stocks.

The U.S. stock market plummeted by 15%, triggering the circuit breaker mechanism. That means you can only go long but not short.

The Wall Street tycoon quickly asked his men to investigate the source of this huge amount of money.

Ten minutes later, his subordinate reported: "Boss, we found out. This fund comes from Switzerland."

"Switzerland? Damn it, you can't check it."

The Swiss financial system is very developed, and the most famous one is that Swiss banks adopt strict confidentiality measures for customer information.

Before Zuo Bufan went short, he transferred the funds to a Swiss account. Wall Street could not find out the detailed source of the funds for this short-selling of U.S. stocks.

Panic continued to spread in the capital market, and thirty minutes later, the U.S. stock market, which triggered the circuit breaker mechanism, opened again.

Zuo Bufan sold all his positions again and made a profit of US$1.3 billion!

"Brother Fan, you have now earned almost three billion US dollars, almost 20 billion yuan. Can you please stop?" Fan Lingling persuaded again.

"Lingling, I originally wanted to stop. But the tycoons on Wall Street are pressing harder. I just want to have a good time with him." Zuo Bufan said with a smile.

"You can't fight the big guys on Wall Street, Brother Fan."

"You have to give it a try only if you can't fight, haha."

The Wall Street tycoon called his subordinates: "Now that the circuit breaker mechanism for the U.S. stock market has been lifted, you should quickly sell all your positions backhand!"

The subordinates were a little surprised: "Boss, we will lose a lot of money if we go short now."

"You know nothing! If you don't go short backhand, we will lose more!"

The subordinates had no choice but to do as they were told, and the U.S. stock index plummeted again.

"The opportunity has come."

Zuo Bufan currently has US$11 billion in available funds.

Started to be long one billion US dollars in US stocks, and US stocks rose by one percentage point.

Five minutes later, Zuo Bufan was long US$2 billion in US stocks, and US stocks rose back by three percentage points.

“Big money has entered the market!”

Wall Street exchanges were in a frenzy, and many people began to follow suit.

U.S. stocks rose again to 5 percent.

Zuo Bufan sneered and spent three billion US dollars to go long again.

The U.S. stock index surged to 9 percent.

Zuo Bufan didn't give his opponent a chance to breathe, so he spent the last five billion US dollars long on US stocks!

The crowd started going crazy and tried their best to go long.

The U.S. stock market kept rising like a shot of chicken blood. Near the close of trading, the U.S. stock market rose to 14%.

Zuo Bufan cleared all his positions and shipped goods. With this operation, the total assets of Zuo Bufan's account reached 16 billion.

After deducting the 7.2 billion leverage limit of the stock brokerage company, Zuo Bufan's total assets are now as high as 8.8 billion U.S. dollars, which is nearly 58 billion yuan in RMB based on today's exchange rate!

Zuo Bufan transferred all the US dollars to a Swiss bank account.

In less than two minutes, there was a call from UBS.

"Hello sir, this is Swiss Bank customer service. Do you want service in Chinese or English?"

"Chinese." Zuo Bufan replied.

"Okay, sir, did you just deposit 8.8 billion US dollars into your Swiss bank account?"

"That's right!"

"Sir, could you please explain how such a huge amount of money was obtained?"

"I made money today by shorting the US stock index."

"Oh my God, it turns out that the person shorting US stocks today is you, sir!"

"Yes, but are you talking too much?" Zuo Bufan was tired of bank customer service asking too many questions.

"Sorry sir, the due diligence on your deposit has been completed. Thank you sir for your trust in our bank. Your deposits with our bank can be accessed and withdrawn at any time. At the same time, you will automatically become a diamond user of our bank and can enjoy distinguished privileges."

"What privilege?"

"For example, my husband can use the VIP channel to board the plane. At the same time, with our bank's guarantee, he can apply for a visa on arrival or visa-free policy in more than 200 countries around the world."

"Okay, no need to be verbose, I understand."

"Okay, sir. The diamond card will be delivered to your door from our bank's office in your country within two days. Thank you for answering, sir. Goodbye, sir."

"goodbye."

Turning off the phone, Zuo Bufan let out a long breath: "Finally done, that bank customer service is so verbose."

Fan Lingling on the side smiled and said: "You suddenly deposited so many US dollars, they must investigate clearly. Who knows whether your money came from the wrong way."

"Let's go, it's time to get off work." Zuo Bufan said.

"Um, are you calling for work? You are just picking up money. Brother Fan, you are richer than my dad now."

"Well, shorting U.S. stocks today made me so tired and I lost a lot of brain cells. I want to take the exam for subject three tomorrow and get my driver's license as soon as possible."

"Brother Fan, do you want to buy a car?"

"Well, Lingling, please order a Lafa for me."

"Holy shit, Ferrari's limited edition Lafa is now out of print. A second-hand Lafa costs almost RMB 40 million."

"I want to buy a new Lafa. Please help me contact Ferrari. Money is not an issue."

"ok."

After Fan Lingling finished speaking, she called her friend because her friend was in the imported car business.

My friend’s Ferrari Lafaa was originally a limited edition, but now it has been discontinued and there are no new cars. You can only buy second-hand Lafaa all over the world.

Fan Lingling's friend recommended Zuo Bufan to buy a Bugatti Veyron because the car was available in the store.

There was a rich second generation who ordered it before, but when the sports car arrived at the store, the rich second generation gave up and didn't want it.

"How much does it cost?" Zuo Bufan asked.

"It's almost 30 million to get it all done," Fan Lingling's friend replied.

"Okay, Lingling, help me get it done as soon as possible!"

"Okay, Brother Fan."

After Zuo Bufan and Fan Lingling had dinner outside, Fan Lingling drove Zuo Bufan home.

Zuo Bufan contacted the driving instructor and asked to learn to drive tomorrow. It is best to take the subject three as soon as possible, because if you pass subject three, you can take the subject four immediately. You can get your driver's license on the same day.

The instructor said that there are too many people learning to take the driving test and they can’t arrange it.

Zuo Bufan didn't want to talk nonsense and just said it would be 10,000 yuan more.

The coach hurriedly smiled and agreed that the exam could be arranged tomorrow. Whether he could pass the exam or not would depend on Zuo Bufan's own skills.

[Author's digression]: Thank you for your support.