My Age of Investment

New York, Waldorf Astoria Ballroom.

Xia Jingxing in a suit and leather shoes was holding a glass of champagne, standing in the crowd and talking loudly.

"Darren, what do you think of the recent subprime mortgage risks?" A middle-aged white man with meticulous haircut suddenly asked.

Hearing this, everyone around stopped discussing and focused on Xia Jingxing, and even the banquet hall became much quieter.

Subprime mortgages are a hot financial topic recently, and everyone is paying close attention to them. At the same time, they are also looking forward to what Xia Jingxing, a rising star on Wall Street, will think about subprime mortgages.

Xia Jingxing smiled and looked at the middle-aged Caucasian man who asked the question. He had already greeted him and introduced himself just now. The other party was the new LP of Lixia No. 2 Fund, the third largest pension fund in the United States, New York State Mutual Retirement Fund Chief Investment Officer.

"Everyone is talking now, saying that the main reason for the subprime mortgage risk is rising interest rates in the United States and the continued cooling of the housing market, but I think this is only the superficial reason."

Xia Jingxing looked around, and continued: "The internal reason is excessive financial innovation, market participants are too speculative, and all the derivatives built on the subprime housing loans are enough to buy several U.S. dollars.

Now these toxic assets are spreading like an infectious disease, starting to spread to the stock market and foreign exchange market. Next, the economy may deteriorate, and the number of unemployed people will further increase. The risks that have not been exposed are far greater than the risks that have emerged. "

The investment officer of the pension fund nodded and asked again: "What do you think of the recent series of rescue actions by the central banks of the Federal Reserve, Europe, Japan and other countries?"

Xia Jingxing was expressionless. In the few days since he came to New York, the central banks of various countries, led by the Federal Reserve, have finally made a move. They are continuously injecting capital into the banking system. Hundreds of billions of dollars have poured in, temporarily relieving the liquidity tension in the financial market.

However, the financial institutions are very wild and play big games. The risks disclosed at the moment are just appetizers. After a while, when the financial report is released, it is destined to bring major surprises to the market.

In addition, although the Federal Reserve at this time realized that there were some problems in the financial system, it believed that the risk was not serious, and it was worried that the excessive money supply would lead to inflation, so it still maintained the interest rate level of 5.25%, and did not immediately resort to cutting interest rates. trick.

Therefore, the current determination to rescue the market is not thorough and firm enough.

But he didn't want to make too many high-profile remarks, so as not to attract too much attention.

Therefore, he replied sternly: "Although the rescue of the market has achieved certain results, I still feel not very optimistic about the market outlook."

The investment officer of the pension fund was about to continue asking, but Xia Jingxing had already changed the topic before him: "Today is the thank-you banquet for the successful completion of the fundraising work of the Liqiu No. 2 fund, and here I would like to thank all LPs for their trust in Vision Capital.

Although the capital market has been turbulent recently, Envision Capital, as the helmsman, will do our best to steer the ship well, help everyone complete asset hedging, and strive to rise against the market. "

People around applauded. No one thought it was a polite remark. The vision and investment level of Vision Capital are obvious to all. Outperforming the market index is the most basic.

After saying a few words on the occasion, Xia Jingxing suddenly saw a few acquaintances, so he smiled and apologized to the people around him, then turned and walked towards the old acquaintances.

"Jing Xing, congratulations! The Lixia No. 2 Fund has successfully raised 3 billion US dollars, which is really amazing!"

Liu Jinhang smiled and looked at Xia Jingxing who was walking quickly, his eyes were full of appreciation.

He can be regarded as witnessing how Vision Capital has developed from an asset management scale of 36.25 million US dollars to today's asset management scale of tens of billions, and even has a place on Wall Street.

Now that the other party orders, countless LPs obediently offer funds.

They don't need Firstrade as their financial advisor anymore.

"Mr. Liu, I didn't expect you to make a trip in person. I'm disappointed."

Xia Jingxing looked at Old Liu with a smile,

He hasn't seen the other party for a while, but he is still more grateful to the old man in front of him, because the other party gave him a lot of help when his career just started.

Although these help are somewhat utilitarian, but society is like this, we all pay attention to mutual help, unilateral contribution is impossible to maintain a long-term friendship.

After exchanging a few words with Old Liu, Xia Jingxing greeted Robert Wallace, Chief Investment Officer of Stanford University Endowment, who was standing next to him.

"Daren, you did a good job. The outside world said that Stanford only produces Internet upstarts and cannot cultivate financial giants. Your appearance has successfully dispelled this rumor."

Robert clinked glasses with Xia Jingxing with a smile on his face, and said in a low voice, "Principal John also asked me to bring you a message, and wanted to invite you to return to school to give a speech after a while."

"Speech?" Xia Jingxing asked.

Robert smiled, "Yes, how about it? Do you have time?"

"Just check the schedule. If there is no other arrangement, I will be happy to go back to school and have a look."

Xia Jingxing replied with a smile, now Stanford is a major client of Envision Capital, and Stanford's alumni resources are a big gold mine, maintaining a good relationship is very necessary.

Robert smiled with satisfaction. There is a bond of alumni, so naturally we should make good use of it to deepen our relationship with each other.

Today, Vision Capital has fully proved its own strength. After research, the Stanford University Fund has decided to continue to increase investment in Vision Capital.

The two of them were chatting, when suddenly, a middle-aged Chinese man with a Mediterranean hairstyle rushed to Xia Jingxing's side, and shouted with joy, "Mr. Xia."

Xia Jingxing turned his head to look, and said with a smile, "It's Mr. Lin! You also subscribed to the Liqiu No. 2 Fund?"

Seeing that Xia Jingxing still remembered him, Boss Lin was very excited, holding Xia Jingxing's hand and thanking him non-stop.

"Mr. Xia, you are our family's great benefactor! I have always wanted to thank you in person, but today I finally found the opportunity."

Xia Jingxing was stunned when he heard this. What does this mean?

He remembered that Lin in front of him was always one of the seven personal LPs introduced by Liu Jinhang, and he seemed to be asking all kinds of questions at the beginning? But the other party finally invested 2 million US dollars in the Lixia No. 1 Fund, which is the largest investment among the group of rich Chinese in San Francisco.

Seeing Xia Jingxing's bewildered expression, Liu Jinhang explained aloud: "Old Lin encountered something the year before last, and he sold his Chinese restaurant that had been open for more than 20 years, and he also went abroad to hide his debts.

Some time ago, people from your company found him and told him that the Lixia No. 1 Fund had distributed him a dividend of 116.7 million US dollars, and there were tens of millions of dollars left after paying taxes.

So he returned to the United States to receive the dividend, bought the Chinese restaurant back, and paid off all the debts, and his wife remarried with him. "

As he talked, Liu Jinhang himself laughed, it was so magical, a single investment changed the fate of a person and a family.

Lao Lin was driven to the point of desperation, but the Lixia No. 1 Fund suddenly received a large dividend, which was equivalent to winning a lottery of 100 million yuan.

Many onlookers nearby widened their eyes when they heard such a bizarre story, and immediately began to lament Mr. Lin's good fortune. Meeting Mr. Xia and investing in Envision Capital was the greatest luck in his life.

Now there is no need to hide debts everywhere, and all the lost properties have been bought back, so I can live comfortably for the rest of my life.

Xia Jingxing felt that Boss Lin's experience was very valuable for publicity. If he edited the story a little, he could consider making a movie.

Amidst the sighs of everyone, President Lin suddenly took out a car key and slapped it in Xia Jingxing's hand.

"Mr. Xia, I don't know what you like. I heard that you like cars and have invested in a car company. I just bought a car as a gift for you."

Xia Jingxing took a look and found that it was a Rolls Royce, so he quickly declined.

Boss Lin's attitude was very firm, he had to accept Xia Jingxing, otherwise his conscience would not be relieved.

Xia Jingxing actually understood the other party's psychology quite well. He had lost all hope in life, but Envision Capital created a super high return on investment and saved him again.

Going from hell to heaven is like a dream.

Since he couldn't be more stubborn than the other party, Xia Jingxing reluctantly accepted the gift.

Seeing this scene, everyone present, whether they were Chinese or Caucasians, were amazed. They made up their minds that they must share this story with their friends later on. Even novels dare not write it like this, but it happened in reality.