Rebirth of the Financial Overlord

Chapter 253 Training a Future President

U.S.

Wall Street, Quantum Fund headquarters.

A brown-haired young man was sitting in the office, holding the economic analysis intelligence data sent back from Europe, and tapping on the table lightly.

Stanley Druckenmiller, the youngest investment genius on Wall Street, has super market acumen and incredible intuition.

He graduated from school in 1977 and became a stock analyst at the National Bank of Pittsburgh, earning $10,000 a year. In three months, he became the project leader of securities research with an annual salary of 23,000 US dollars, and in less than a year, he became a department manager with an annual salary of nearly 500,000 US dollars.

In 1980, at the age of just twenty-eight, Druckenmiller left the bank to establish his own financial management firm, Duquesne Capital Management.

Genius, always shines.

In 1988, Druckenmiller was invited by George Soros, the helm of a well-known Wall Street fund management company, to join Quantum Fund.

Less than a year after joining the Quantum Fund, calls from Germany and Germany to push down the Berlin Wall are getting louder and louder. With his keen political insight, Druckenmiller believes that the merger of the two Germanys will strengthen Germany's national strength, and Mark will definitely be stronger than before. Even stronger, in a few days he bought two billion dollars worth of Deutschmarks in the money market.

In the following year, the mark appreciated against the US dollar by 25%, and Quantum Fund achieved 31.5% and 29.6% income growth in 1989 and 1990, respectively.

In this regard, Wall Street later circulated a tidbit.

At first, Druckenmiller was just planning to buy a billion-dollar German mark. At that time, Soros asked him: Stanley, how big a position are you going to build?

Druckenmiller: Billion dollars.

Soros: You also call this a position?

This rhetorical question became a classic Wall Street dialogue. Later, Druckenmiller doubled his position with Soros' encouragement.

Nothing can prove a person's ability better than profits, and the huge returns from buying Deutschmark made Druckenmiller the actual helm of the Quantum Fund.

Under the financial crisis in Norway, real estate and stock markets once plummeted, which affected the economic downturn of the five Nordic countries. Finland, which is close to the former Soviet Union, is now suppressed in its export industry, and the unemployment rate in Finland continues to increase.

Putting down the documents in his hand, Druckenmiller stood up and walked to the map of Europe hanging in the office.

The three-meter-long map has long been painted beyond recognition, covered with various red, blue and green marks.

The merger of Germany and Germany has expanded the political territory, but there has also been a huge fiscal deficit. In order to alleviate inflation, the German central bank can only raise interest rates to curb inflation, so the mark is bound to continue to strengthen.

Considered for a moment.

Druckenmiller picked up a pen and drew a circle on Finland.

The Finnish mark and the German mark have always been pegged, but Finland is not in the European Community. Now the five Nordic countries are in economic crisis. If the German mark continues to strengthen, the Finnish mark will inevitably bear a lot of pressure. With the foreign exchange reserves of the Bank of Finland, if there is no other With the help of the state, it may be difficult to maintain the current exchange rate.

As long as the Finnish mark cannot hold the current exchange rate, it can only depreciate, which means that the German mark will continue to strengthen.

After thinking for a moment, Druckenmiller returned to the desk and picked up the phone on the desk.

beep!

Soon the phone was connected, and a familiar voice came from the phone.

"George. I think we need to talk about Europe now."

Europe.

For George Soros, this is a sad place.

At the age of seventeen, he left Hungary and went to Bern, Switzerland, but he could only work part-time. Although the place was prosperous, there was no hope. He had no choice but to go to the most beautiful city in Europe, London.

As a result, the beautiful imagination of London was completely shattered by reality. This place will not be a world for the poor, but a paradise for the rich.

He is a poor man who can only make ends meet by doing odd jobs.

Reading can change your destiny.

In order to change his destiny, Soros was admitted to the London School of Economics. Takes courses taught by Nobel laureate James Edward Mead.

However, it is useless. Systematic economics is useless in reality. Soros lost all the money he earned from working hard in the stock market.

After several times of tossing around in Europe and spending ten years of time, Soros had to leave Europe and come to the United States.

Perhaps it is due to accumulation, or luck, based on physical theory, the Quantum Fund jointly established by Soros and Rogers made huge profits by shorting the US dollar in 1980, and finally became famous.

Europe!

As the top manager of the Quantum Fund, how could Soros not pay attention to Europe? Back then, he let Americans see how to use the financial market to make money in the European market, so he successfully entered Wall Street.

"Stanley. Tell me what you think."

"The disintegration of the Soviet Union gave birth to the opportunity for monetary unification in Europe. But I think neither Wall Street nor the Federal Reserve want to see this result. Moreover, there is a big loophole in the exchange rate system of the European donors. I think as long as we Leveraging one of the links, then this loophole in the European monetary system will be infinitely magnified, and this will be our opportunity."

Holding the phone, Druckenmiller spoke slowly, considering his tone.

But the tone was somewhat uncertain.

Because in his vision, the opportunity for arbitrage has not yet appeared, and in fact he does not know when it will appear, and this requires Soros to make a decision.

After staying in Europe for ten years, Soros knew a lot about Europe, and he immediately understood what Druckenmiller meant. But he didn't want to say anything. Druckenmiller is his most promising manager, and he needs more experience to grow up.

"Stanley, you are an expert on the German market, what do you think about the future economic trend of Germany?

"The merger of the two Germanys has expanded Germany's political territory, bringing opportunities for development of the German economy, but at the same time it has brought about a huge fiscal deficit. If inflation is to be avoided, the Bundesbank has only one choice, to increase the discount rate. Interest rates control inflation and avoid political and economic conflicts in the newly merged Germany."

"so what?"

This is a test question.

Druckenmiller is very clear about this, because Soros has always been a teacher and friend with him.

After conceiving a comprehensive idea, Druckenmiller organized the language again.

"Now that the economies of the UK and Italy continue to slump, if Germany continues to raise interest rates regardless of them, then the pound and the lira will bear a lot of pressure. Secondly, the Nordic market has suffered greatly from the economic crisis in Norway. If Finland falls, it will become a A great entry point."

Holding the phone, George Soros showed a look of relief on his old face.

“But the UK authorities are likely to reject higher interest rates and allow the pound to depreciate. On the other hand, it is also almost impossible for the pound to appreciate against the Deutsche mark; the Bank of England will not raise interest rates more than necessary in the face of a sluggish UK economy.” Amplitude."

"This will be our opportunity! And America's opportunity."

"."

Kyiv.

Hotel Ukraine.

An Ran Kardashian's delicate and fair face is so delicate and glamorous that she is limp and can't lift a bit of strength. Looking at Shen Jiannan, who was still full of energy, her misty sapphire blue eyes couldn't help showing a hint of resentment.

"Boss. You're such a jerk."

Shen Jiannan didn't mind being called a bastard at all, and he was naturally proud of killing Kardashian for the first time. Given the situation in Ukraine, if the plan is successful, it is not impossible for Anron Kardashian to become the future head of Ukraine.

20 million can destroy 2,000 nuclear bombs. There is nothing that the biggest prodigal country can't do.

Stretching out his hand to wipe away the water stains spreading from Kardashian's face, Shen Jiannan's eyes once again burst into burning flames.

Train a future female president.

Oh my God!

An Ran Kardashian's expression changed immediately.

"Oh boss, I'm going to die."

"."

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