National Tide 1980

Pierre Cardon is indeed a pretty perfect boss.

Although in the eyes of many outsiders, he is a dignified and solemn man.

He has a natural air of calmness and authority, and he also has a pair of sharp eyes like an eagle.

But such a serious image only appears when he is busy at work and under great pressure.

In fact, for his employees, this 63-year-old man is not only their boss, but also their father and good friend.

Even his eagle-like eyes were always full of love, looking at them like a father looking at his children.

There is no doubt that Picardon treats people with tolerance and sincerity.

In particular, he is very good at discovering talents and is willing to support young people.

This is why he always gains respect and love from people around him and is called a true master of art.

So it is completely conceivable that if Ning Weimin could hear with his own ears how Pierre Carton evaluated and viewed him in front of Song Huagui.

No matter how philistine he is, no matter how calculating he is, I am afraid he will have the urge to "die for a confidant" because of this trust and love.

But then again, even though Pierre Cardon had no doubts about his employment, Song Huagui also had high regard for Ning Weimin.

The news that they finally faxed it back to Tokyo also solved Ning Weimin's worries about applying for cross-border patents in Europe and the United States.

Song Huagui even officially authorized Ning Weimin to continue to contact senior executives of Japanese companies on behalf of Huaxia Company to further discuss cooperation methods and possibilities.

But because this time period is quite special, Ning Weimin really doesn't care about the follow-up work of these things.

Instead, I had to put aside the trolley case patent and cooperation negotiations for the time being.

For no other reason than the "Plaza Accord" that set off the carnival of bubble economy, the countdown to a limited time has begun.

In the last half month, Ning Weimin knew that the opportunity was too late to come back and he had to do his best to race against time.

Trying to get more chips for himself and allocate all the funds before the Japanese yen assets skyrocket in value.

This will make it easier to use the scythe to cut leeks in the future.

So in fact, after submitting the patent application for the trolley case, Ning Weimin turned around and focused all his energy on the acquisition of real estate.

Not only did he urge Kagawa Miyoko and Ono Mitsunami every day to sign the house as soon as possible.

He also took the initiative and tried his luck with several real estate agencies to find suitable targets for himself.

Capitalist countries are not at all bad, but there is one good thing about them: money can really work.

As long as you have money and are willing to spend it, there will definitely be someone willing to step forward and meet your needs.

No matter how unreasonable your request is or how many objective obstacles there are, it doesn't matter.

Even though the time is so tight, for a client as wealthy as Ning Weimin who is willing to pay for his time, which real estate company would not be willing to dig out the bottom of the box to serve him?

An intermediary company called Sagawa Real Estate checked the properties in its hands and found a high-end apartment that particularly met Ning Weimin's requirements.

That house is located in Akasaka, Minato City. The nature of the house is called "Mao Xiong" in Japan, which comes from the English Mansio.

This kind of house may not be regarded as a collective housing, but it also has land rights, which are allocated to the area of ​​each independent unit.

The quality of the house is good. It was built only two years ago. It is more than 70 square meters. It has a 3LDK layout and no tenants.

Because the owner occasionally comes to stay for a few days, it has always been vacant.

It's just that the homeowner has high expectations for housing prices. He wants to sell such a house for 80 million yen, and the asking price is almost 20% higher than the market price.

So one is willing to fight and the other is willing to endure, it is such a coincidence.

Ning Weimin is exactly the buyer who has been waiting for this homeowner for a long time and is willing to take this blow.

Therefore, with the diligent contact and promotion of the real estate agency, on September 9, the two parties quickly signed a contract and completed the transfer transaction.

This moment made Ono Mitsunami and Kagawa Miyoko deeply stimulated, and they worked harder and harder.

On September 12, Miyoko Kagawa finally successfully completed the signing.

Even though the friend of Miyoko Kagawa's boss is still working overseas, the homeowner is still quite satisfied with Ning Weimin's offer because he really needs to sell his house for cash.

With the constant entreaties of Miyoko Kagawa and her boss, the homeowner finally agreed to arrange a client in Tokyo to sign a house purchase contract with Ning Weimin.

In this way, Ning Weimin spent a huge sum of 580 million yen to acquire a 700-square-meter commercial building located at No. 7-7, Ginza 2-chome, Chuo-ku.

So in the end, it was Ono Mitsunan who became furious.

In order to get all the 600 million yen orders promised by Ning Weimin, he did not hesitate to increase the reward for searching for housing information, and was willing to share the commission bonus after successfully signing the order with the person who provided the housing.

This finally worked.

One of his classmates heard that the commission could amount to millions, so he told the news that a bookstore owner was considering emigrating overseas with his son, and planned to transfer a two-story bookstore that he had run for many years in Nishi-Azabu, Minato City. Revealed to Ono.

And he personally took Ono to meet with the bookstore owner.

In the end, Ono Mitsunami relied on this timely information to successfully connect people again.

At a price of 300 million yen, the bookstore owner packaged and sold the more than 70-square-meter shop, including land and buildings, as well as the bookstore's books, inventory, employees, and supply channels, to Ning Weimin.

So at this point, Ning Weimin's real estate allocation is basically in place, and he has unexpectedly become a Japanese bookstore takeover.

When it comes to this, some people will definitely feel very strange.

Didn’t I say before that Ning Weimin only has more than 600 million yen?

Even if you include the 2 million public funds used to open the store, the total is probably only 800 million yen, right?

So how come the total value of the real estate he has purchased has reached 1.2 billion yen now?

In fact, this is easy to explain, because you can find a bank loan.

Don’t forget that the most attractive thing about financial real estate is that you can use means to increase leverage.

Yes, as a foreigner, Ning Weimin was in Japan and could not find a Japanese bank willing to lend him a loan to buy a house.

Even if he bought the house with full payment, he would still run into a wall with these banks, and there would still be no different outcome.

Because the regulation of Japan's banking industry is too rigid.

For several years, American dads who asked for financial prescriptions have been shouting "Hey Yi" in vain, but until now, it is just a formality.

In fact, before the bubble economy ushered in, Japanese banks had a single customer base, mainly catering to large local companies.

It is not easy even for Japanese nationals, let alone foreigners, to obtain loans for small businesses.

Therefore, even the Japanese themselves criticize Japan's banking industry as "giving umbrellas when it's sunny and taking away umbrellas when it's raining."

I feel that people in this industry are shameless and philistine, but they still receive such good treatment, which is totally unreasonable.

But the problem is that Japan is not just a purely local bank after all.

Even if the pace of financial opening up is further delayed, no matter what, foreign banks must at least be allowed to enter Japan to engage in basic financial services.

So in Tokyo these days, many foreign banks have gathered here, and there are even many foreign investment banks.

Credit Suez Bank, where Ning Weimin opened an account, is among them.

The French are not as accommodating as the Japanese. They have always recognized that real estate is a high-quality mortgage asset.

Even if everything goes according to the rules, Ning Weimin can successfully get a loan of 50% of the property's appraised value.

Not to mention that Ning Weimin borrowed francs, not yen.

Credit Agricole Suez Japan Branch is very happy to serve high-quality customers like Ning Weimin.

And he was very honored to transport seven million francs to the island countries in the East to expand his country's monetary influence.

They couldn't believe that just because he could buy so many properties, Ning Weimin could go bankrupt easily?

Think about it, Ning Weimin borrowed francs from the Bank of France, converted them into Japanese yen, and then paid back the francs in the future.

With the long-term appreciation of the yen and the collapse of the franc, wouldn't this be another huge gain in the exchange rate?

Therefore, the more you borrow, the more you will earn, and adding leverage is the only way to make a fortune.

Don't forget that Ning Weimin has 600 million yen for himself and 200 million yen to open a store.

But he relied on this method of taking out a mortgage and borrowing money after buying a house, and then taking out the money to buy a house. It was appropriate for him to turn the 800 million yen in his hand into 13.4 billion yen.

In fact, not only did he buy 1.1 billion real estate, he also had a lot of cash in hand.

Not only was the public funds used for official business not used at all, but there was still money left over to pay interest.

This account is really easy to calculate.

For the two houses he bought first, he borrowed a total of 150 million yen.

The business premises in Ginza received 290 million.

The bookstore I finally bought borrowed another 100 million.

It’s so expensive that I borrowed a total of 540 million. Isn’t this magic interesting enough?

What's more, under Ning Weimin's constant urging, Yin Yue from the capital tried his best to collect the income of five or six million from the recent stores and factories, and also recovered the dividends from the one million additional tapes issued by Zhang Qiang's album. .

Then he called Luo Guangliang and Xiao Tao, went to find Axia at the Great Wall Hotel, and cashed another 100 million yen and remitted it.

So in fact, this step is far from over. Ning Weimin still has 260 million yen in hand for the next step of asset expansion.

That is to open an account with a securities company and use the money to buy stocks of real estate companies and securities companies. You will definitely make a profit without losing money.

In addition, because Japanese securities companies have a relatively long history of development, they already have margin financing and securities lending services. According to Ning Weimin's conditions, the capital allocation is calculated as double, which is a completely controllable risk for the securities companies.

This means that as soon as Ning Weimin's money entered the stock market, it doubled again and became 520 million yen.

Ning Weimin had a brilliant plan in mind, that is, if he let the money roll in the stock market for three months, he might be able to earn 200 million yen.

It's better to speculate in stocks and do your own business at the same time.

At that time, whether it is to make money and reduce holdings, or to wait for the appreciation of the Japanese yen and the appreciation of real estate, we will continue to follow the bank's expansion of loan limits.

It is unlikely to delay him from spending money to do business. This is seamless splicing.

As for participating in the speculation in the foreign exchange market, using dozens of times of leverage to buy the unilateral appreciation of the Japanese yen and making a fortune is the so-called maximization of profits.

Then don't think about it, this idea is completely unrealistic and pure nonsense.

Because the first thing is the limitations of technology.

Don't forget, computer technology has just begun to rise, and this is not the era of computer trading orders.

All financial markets are still transactions in which the principal is responsible.

Take stocks as an example. The stock traders wearing red vests on the exchange are still benchmarks.

At this time, stock players had to place orders through stock traders in order to buy or sell stocks.

Therefore, if a certain stock experiences a sharp rise or fall, it is very easy for orders to be blocked and transactions to be impossible to complete.

Even if you want to obtain transaction information and data, there is a large lag and it is very difficult.

It is for this reason that international capital circulation was difficult in this era and financial derivatives were very few.

It's not that it can't be designed, but because of the hardware conditions, it doesn't have enough ability to support real-time and frequent transactions.

Currently in the world, there are basically only three major markets: futures, stocks, and bonds, which are relatively mature and have sufficient capital, not even the foreign exchange market.

Because the world's foreign exchange trading market began to develop after the collapse of the Bollington Woods system, the daily trading volume is also very limited, only 70 billion US dollars, and it is mainly concentrated between European and American currencies.

In fact, only London, UK, and New York, USA, are the trading markets that truly allow international capital to have free rein.

Although the Tokyo foreign exchange market has existed for a long time, the trading system is still very closed.

There are also extremely strict access requirements for transaction parties, only specific banks are allowed to participate, and the quota is also very limited.

Among foreign banks in Japan, only some American banks have gained access.

Even Calyon Suez was shut out. This is a French bank that has been nationalized.

In the modern sense, there is no trace of the foreign exchange margin trading system for individual players. The foreign exchange market in Tokyo does not allow individual speculators to participate at all.

Otherwise, why did the "Mrs. Watanabe" group famous for speculating in foreign exchange only appear in the world's foreign exchange market in the 1990s?

Because Japan did not allow individual foreign exchange transactions until it revised its foreign exchange law in 1998, this is a double technical and institutional obstacle.

Of course, there are exceptions to everything, and these obstacles are not absolute.

Many people may know that the "Six Ghosts Haunting Tokyo" occurred during Japan's bubble economy era.

Among them, the eldest brother, President Kitashiro of Hanwa Kogye, didn't he make tens of billions of yen a year just by speculating in foreign exchange?

This has become a benchmark event in Japan's bubble economy era and cannot be denied.

But the problem is, you have to know that Hanwa Kogyo is a medium-sized steelmaking company in Japan.

As a land-based household, I have a long-term cooperative bank.

So maybe Beimao relies on its status as a related household to make investments through bank channels?

Crony capitalism is also a major feature of Japan.

Of course Ning Weimin does not have this advantage.

Therefore, you can eat as much as you have the ability. Once Ning Weimin understood this situation, he stopped dreaming of unrealistic foreign exchange speculation.

What's more, because of the large leverage added, foreign exchange speculation is like walking a tightrope, and there is always the risk of making a mistake that could lead to eternal regrets.

Playing this way will not only harm your body, but also shorten your life.

It’s not like you can’t make money? It's nothing more than the speed of time. Why should we suffer that kind of worry?

In comparison, investing in real estate and stocks is an investment method that allows people to lie down and count money comfortably.

What you earn is not only money, but also your life!