Rebirth 79: I opened a bank in the United States
Chapter 39 Carter: I'm Poor Again
Carter's words seemed to open a chat box, and the big guys present began to reminisce about the past, laughing and joking. Until the topic suddenly led to another big boss...
"Hey, Peter, being here seems to be the most successful thing for you when you were young. Why haven't you said anything?"
"Yes, Peter, you are a bit low-key today."
"Carter, this is Peter Lynch. He invented the algorithm you used to evaluate the market value before. Come and get to know him, please? Be careful that he charges you royalties~"
Amid the frolicking of the crowd, Julian also spoke with a smile and introduced Carter. Needless to say, this Peter Lynch was definitely the most handsome one among everyone present.
Peter Lynch, who is about 35 years old, is even younger than Rogers. And his good background gives him a personable temperament. What's even more clever is that he seems to have two shallow lips on his cheeks.
She has shallow dimples. When she smiles, she looks shy and reserved, but she is also a bit indescribably cute.
"Hahaha, no need, no need, I just want to be able to help you. Also, don't talk about me. When I was 16 years old, I was still studying in school, and I had to work as a caddy on the golf course in order to make a living.
, it wasn’t until my sophomore year that I bought airline stocks and made my first pot of gold in my life. I was already twenty years old at that time, and I couldn’t compare with Carter!”
The old handsome guy stood up cordially and extended his right hand to Carter while responding to everyone's teasing.
"Hello, Carter. This is my business card. Now I am also responsible for managing a fund. If you are interested in investing, you can contact me!"
"Hey, you're cheating on a client in front of me and Rogers. Peter, you're too brave!"
Laughing and scolding, one laughed and the other scolded. When Soros was yelling and cursing, Rogers smiled and whispered in Carter's ear:
"Carter, Peter's Magellan Fund is actually a good investment choice. Even though he has only taken over the Magellan Fund for two years, the comprehensive compound interest rate in the first two years has reached more than 30%, which is very exaggerated."
"Okay, Mr. Lynch. I will consider it carefully later."
He said to think carefully, but in fact there was no need to think about it at all. After being stimulated by Soros, Carter recalled a lot of things. This Peter Lynch, he heard from his friends, not only the peg algorithm, but also
There is this person like him!
Although this person is not the most popular hedge fund in the 1980s and 1990s, the return rate of the funds he manages is almost as good as that of high-risk, high-yield hedge funds.
From the time it took over the Magellan Fund in 1977 to 1990, in just thirteen years, the fund size increased from the initial US$20 million to US$14 billion. The annual comprehensive compound interest rate is as high as 29%. What is this special concept?
1.29 to the 13th power, let’s do the math... 27.39 is equivalent to investing one hundred dollars in it. After 13 years, the one hundred dollars will have doubled 27 times, and the income will increase faster than the year... And the Magellan Fund
It is also known as the most profitable fund in history!
Damn it, I was still worried about where to invest my money. When I turned around, Carter realized that he seemed to have no money to invest. Peter Lynch’s Magellan Fund is very popular, and Soros and Rogers’ Quantum Fund are also very good.
So old and fragrant! But I only have 7.5 million... At this moment, reality once again told Carter, you are a poor person!
The difficulty in choosing that has been cured for many years has come back again!
In addition to these big guys, Rogers also introduced the clients brought by these big guys to Carter one by one. Compared with these powerful people, these clients have little reputation, and they are still struggling with which company to invest in.
Carter basically did not listen to the specific information of these people.
After perfunctory chatting, the banquet began. As a client brought by Julian, Carter's seat was naturally near Julian. But now when he looked at Julian, Carter started to murmur in his heart...
As the saying goes, dragons give birth to dragons and phoenixes, and mice's children can dig holes... Bah, it should be that birds of a feather flock together. Why does Julian, a little stockbroker, have such a strong circle of friends?!
This is just like one day in the future, a short and poor friend of yours suddenly wants to treat you to dinner. You thought it was just a small restaurant where a few cats and dogs would eat and it was over, but when you arrived, you saw that the good guys... Liu, Ma, and Wang were all there.
...
At this time, will you take a closer look at your short, poor friend? Out of respect for capital, give him a toast?
With this in mind, Carter looked at his "short and poor" friend, Julian, carefully. After a long while, Julian was really offended by Carter's look of cherishing animals, and couldn't bear it.
He put down the knife and fork in his hand and glared at Carter:
"Is there a flower on my face? Why do you keep staring at me?"
"No, I'm just curious. How do you, a stockbroker, know so many big guys?"
Carter's words are not offensive at all. Look at the people present, let alone Peter Lynch. He has been managing a fund with 20 million assets for two years. Calculated based on compound interest, he now has 3,000 assets under his control.
It’s over 10,000 U.S. dollars. And Soros’s Quantum Fund is not small in scale, with a capital pool of tens of millions.
Compare with these two, Julian, who is still just a stockbroker and works for Kidder Company, is just a little brother, isn't he?
"Hahaha, Carter, don't underestimate Julie. He is still very capable, and we all recognize it. And on this point, I think Mr. Mackenzie should have more say, right?"
After hearing what Carter said to tease Julian, the host of the banquet, Soros, laughed, took over the topic and then teased Julian:
"Did you see that, Julie? You've fallen behind. How long do you plan to stay in Kidder before you come out?"
"Soon, soon. Maybe next year. I'm already making preparations. I have to take care of the things in my hands first. I'm telling you, don't look at me introducing Mr. Mackenzie and Mr. Black to you now, but they
But my Julian clients, if they want to help me then, you can’t stop them from withdrawing their capital!”
After giving a wry smile, Julian regained his fighting spirit. He aggressively declared his sovereignty in a joking manner, acting like a harem who was afraid of being robbed of her lover, which once again made everyone laugh.
"Of course not. Investors in the fund have the right to withdraw their funds at any time. This has nothing to do with you. Likewise, if they are attracted by our profits, don't blame us, hahaha.
"
The scope of the Hehehaha dinner was quite good. There was no so-called buffet. Everyone gathered around a square table and ate separately. After they were full, the restaurant transformed into a lecture hall.
Soros pulled out a plaque that was covered by a curtain, solemnly opened the curtain, revealing the "Quantum Fund Management Company" sign underneath, and then began his speech:
"The name Quantum Fund comes from Heisenberg's law of uncertainty in quantum mechanics. This is like the market we face every day, which is always fluctuating and full of uncertainty. Even God cannot accurately predict
Predict tomorrow's market conditions! In this complicated market, our Quantum Fund adheres to..."
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