Rebirth 79: I opened a bank in the United States

"Mr. Carter looks very young. If Jelica hadn't told me that you have six million dollars in assets, it would be hard for me to believe that there is a millionaire sitting in front of me now."

Julian Robertson complimented Carter when he first came up, and Carter had heard enough of such compliments today.

"Okay, I have heard these compliments a lot. I hope you can realize that if I have these assets, I am not destined to be a simple young man. Don't deceive me as a fool! Let's talk about business. If I am in your country

How do you, or rather you, plan to manage my assets when opening a company account or even entrusting funds?"

"Of course not, Mr. Carter can rest assured. We are an honest securities company, and I am an honest person."

Julian was immediately immune to Carter's words as if he had taken a bullet, and casually dropped the topic. Of course, Carter also laughed off his self-professed integrity.

Before getting in-depth contact, whoever believes these words will be stupid...

"It stands to reason that when you open an account, in addition to the stock account, there will also be a capital account. The money that Mr. Carter plans to use for investment will inevitably go here. Under any circumstances, we will never move your capital account at will.

cash in it, unless authorized by you."

There are always two accounts when opening a securities account, one securities account and one capital account. It is the same everywhere. You entrust a securities company to buy stocks. After delivery and transfer, the stocks will be deposited in the securities account, and then the securities company will send you

The money for purchasing stocks is transferred from the capital account to the other party's account. Only when this process is completed is a complete securities transaction process.

Even though Carter was not particularly familiar with the financial market, he still understood the trading rules. Then he nodded and waited for Julian's next words.

"As your stockbroker, I will only recommend to you the stocks that I personally think are best for you based on your investment ideas and my understanding. The final decision will always be made by you."

After hearing this, Carter nodded. This Julian initially passed Carter's mental test. Although it is a rule that an agent can never interfere with the employer's decision, how many can really do this? Especially

It was when facing a group of lay employers. Cheating and abduction were also synonymous with stockbrokers in this era. For example, Di Li Zi in "The Wolf of Wall Street"...

Regardless of whether Julian is the latter, at least the attitude he is expressing now is in line with Carter's requirements for stock brokers. If you don't understand, you can ask you, and you can also proactively provide advice, but the final decision is whether to buy it or not.

The one who buys or sells must be you!

"Your statement is a bit too absolute, Mr. Robertson. Sometimes my investment philosophy may not be correct, and your persistence may not be bad. Active communication and exchange are the most important in cooperation, but you just don't overdo it. Here

At one point, as long as you can do it, I think I'd be happy to work with you."

After thinking for a while, Carter spoke.

He knows that he is a financial layman and if he wants to do something, it is very important to listen to the opinions of professionals. After all, he only knows the future of a few well-known companies. Those companies on the market now... Sorry, Carter doesn't listen to them.

I have never heard of them, let alone know their detailed information. If I don’t know anything, how can I predict their future?

Carter's idea was to use his own knowledge of the future development of various industries and cooperate with professional stockbrokers' understanding of the market and specific companies in these years to conduct some short-term operations to make some money and first become familiar with the market.

If the cooperation is happy in the future, and we have a foundation of mutual trust, you can entrust the other party to help you pay attention to the companies that you must invest in. This will prevent your future source of wealth from quietly slipping away under your nose.

This is why Carter screens securities companies and stockbrokers so carefully. After all, the time he has been able to stay in New York in the past two years is very small, and once he leaves New York, he may not be able to receive a lot of information. He must have

A trusted partner in New York helps you keep an eye on market trends.

"You are absolutely right. Active communication is the most important thing. Now can I ask Mr. Carter about his investment philosophy? In other words, what is your basis for choosing an investment target? What is your purpose?

Should I hold stocks with stable returns in the long term, or futures with high short-term risks and high returns?”

Julian's eyes lit up, and while agreeing with Carter's communication, he was also a little excited. It seemed that he was about to win this big customer!

"My investment philosophy? Maybe it's value. When I choose an investment target, I prefer to choose an industry before choosing a target. There are too many uncertain factors about the future development of a company, and when it comes to the industry

, there will be a lot less uncertainties. Select an industry that, in my opinion, will be very promising in the future, then go deeper into this industry, and look for a company with a good management system, no bad records, and relatively reliable products. In this way

For a company, the risk should be smaller, and the chance of surviving to the glory of the industry should be greater."

After Carter thought for a while, he gave his answer. He didn't know whether this was an investment philosophy. After thinking of the "value investment" concept that would be very popular in the future, he adapted it according to his own ideas and then said it.

.Then he asked:

"What about you, Mr. Robertson? Judging from your age, you should have been exposed to the financial industry for a long time. After all these years, what is your basis for choosing a target? And what company stocks do you currently have in your hands? Or

Say, if I choose to cooperate with your company, how much room do I have to operate in the market?"

In stock operations, buying at low prices and selling at high prices is not the only way to make money. Especially in a bear market where the market is not going well, short selling or short selling is a more common way of operating stocks.

The simple explanation of the short-selling operation is that when you are bearish on a certain company's stock, that is, when you think that the company's stock price will definitely fall in the future, you can borrow a share of the company's shares to sell, and then wait for the company to

When the stock price falls, the same shares are bought at a low price and returned to the lender. The essence is still buying low and selling high, but the order of operations is reversed.

The most important step in the short-selling operation is to borrow stocks! Where can you borrow stocks? Stock brokers, or the securities companies you cooperate with, trust companies, and some other financial institutions that hold your target stocks.

The principle of borrowing stocks is similar to borrowing money. For ordinary people, it may be okay to borrow tens of millions, but if you want to borrow tens of millions, you are probably thinking nonsense. But if you reach the level of King Ma Liu, tens of millions

It can be said that you can borrow funds with just your mouth.

The same goes for borrowing stocks. It will be easier and faster only if you know enough people who are important enough, or the securities company you cooperate with has enough size, or your stockbroker has a wide network of contacts.

, complete the short selling operation more efficiently.

To put it bluntly, this is the time when Carter wants to see Julian's chips and strength. He is a mule or a horse. You can pull him out for a walk and show off your muscles. Let me see how capable you are as a stockbroker.

?Is it worth my cooperation?