Reborn Capital Empire

Chapter 225 The sure-win bet

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Guo Shouyun could see that the continuous success had inflated the confidence of Zhang Shaoling and his team. But this is also human nature. After all, they are all young people who have just entered the financial circle, with little experience and lack of calmness. Of course, Guo Shouyun is younger than them, but the combined experience of his two lifetimes, especially his life experience, is richer than them.

"It seems that they have to suffer some losses!"

Guo Shouyun secretly said in his heart. It's easy for a complacent team to make a big mistake.

Despite this plan, how to let the entire team learn a lesson without completely losing their confidence is also a matter of considerable thought and a test of Guo Shouyun's management skills.

"By the way, after this gold transaction is completed, I'm going to donate all my own investment and the money earned from this fund!" After thinking for a while, Guo Shouyun smiled meaningfully.

"Donate? All?"

Zhang Shaoling was surprised.

"Um!"

"Boss, it is indeed a good thing to do charity, and I support you very much. But shouldn't you also leave some capital for the company?" Zhang Shaoling couldn't help saying.

"What? The client funds of Thunder Fund reached 1.123 billion US dollars, plus the income from two gold futures investments, after deducting service fees, it is also close to 1.6 billion US dollars. Is this amount of funds not enough for you to operate?" Guo Shouyun asked rhetorically.

The 1.6 billion capital is definitely enough before joining the Thunder, even their dream. But now that it has become a habit to operate tens of billions of positions, and then trade the 1.6 billion US dollars, even if you add leverage, it will not exceed 10 billion of funds. No matter what, it feels small. You know, what he expects is that even if Guo Shouyun wants to withdraw his investment, he will leave at least the capital from two gold investments for them to operate. Now, that hope seems to be in vain.

Moreover, there is another thought pressing on Zhang Shaoling and all the 'Solomon Gold Trading Team'. According to the agreement they signed, if their investment buying and selling were all from Guo Shouyun's strategy, then in the end they could only get a bonus equivalent to 1% of the total profit. But if it is their own profit, they can get 5%.

Obviously, the profit made by 1.6 billion US dollars and the profit made by 4.56 billion US dollars are two completely different concepts.

Looking at Zhang Shaoling who hesitated to speak, Guo Shouyun smiled and said, "How about we make a bet?"

"bet?"

Guo Shouyun nodded and continued: "It's May 7th, and we will limit it to three months. During these three months, your team and I will trade 100 million US dollars together. If after three months, you will earn The profit from the withdrawal can surpass me. Then the $4.56 billion will be left to you to trade. If you lose, the money will be donated as I said. How?”

"Boss, are you serious?" Zhang Shaoling's eyes were full of light and a strong desire to challenge.

"I never break my promise!"

Guo Shouyun smiled.

"That's for sure!"

Looking at Zhang Shaoling's right palm that stretched out towards him, while laughing dumbly, he reached out and patted the other side.

"Okay, that's all I have to say. Get busy!"

When the words fell, Guo Shouyun turned around and left the room.

"For the money, for the beauty, for the beautiful beaches of Brazil, we're going to beat the boss...!"

Listening to the faint voice inside, Guo Shouyun quickly recognized that he belonged to the most active trader, Louis Kikan.

After a smile appeared on his face, Guo Shouyun stopped to listen for a while, but did not go back.

"Boss, are you confident that you can win the bet?"

Wendy asked after returning to the living room.

"No!"

"No?"

Looking at her surprised expression, Guo Shouyun smiled.

"Every member of the Solomon team is a financial elite that I have carefully selected. There is no doubt about their ability. After all, my strength is not as good as their entire team."

"Then why did you make that bet just now?"

"Just give them some encouragement!" Guo Shouyun said with a smile.

In fact, without including the special period of 9.11, he really has no chance of winning. But knowing the general situation, he can guarantee that he can definitely make money in gold. The reason is very simple, just 'do more'. Even if the price he bought when he opened a position would drop to a certain extent, it would also rise back at the time of 9.11.

Of course, if the price of gold can break through his psychological selling price, then he doesn't mind doing a few short-term trades before the 9/11 node.

As for the bet just now. If after three months, Zhang Shaoling's team made more money in gold than him, then it proves that they really have extraordinary talents in gold investment. Guo Shouyun can also rest assured that the 4.56 billion US dollars of funds will be handed over to them for management.

If they fail in the end, the $100 million won't be the amount he can afford to lose. Moreover, his income in gold can offset losses. By the way, let the entire Solomon Gold trading team learn a lesson and let them grow.

Therefore, although Guo Shouyun is not sure of the gamble that he will definitely win. But in the long run, he must win in the end.

"Did you ask Bill Lockyer?"

"I asked. At 9:30 in the morning the day after tomorrow, he asked you to meet at York Arena!"

"York Arena?" Guo Shouyun asked in surprise.

"Yes, a tennis gym near the California Attorney's Office!"

"Tennis?" Guo Shouyun nodded. He's not very proficient in tennis, but he can also play twice.

"Also, here's a fax from Qin to you!"

Guo Shouyun nodded, and after taking a look, his face showed satisfaction. For WorldCom, Arthur Andersen and Enron's credit default swaps, Qin Zhicheng has purchased nearly 500 million US dollars. And this document is a copy of the contract. After he signs it, Qin Zhicheng can get the money from Wendy's hand, thus officially making the contract effective.

After reading it, he took the pen in Wendy's hand, signed his name, and exchanged it.

"Let him go over there!"

"Yes! ... Besides, Qin has an email in your mailbox!"

"mail?"

After talking, Guo Shouyun got up and went back to his desk. After turning on the computer, he clicked on the mailbox. Sure enough, it showed that he had an unread email.

After clicking it carefully, Guo Shouyun's brows gradually wrinkled. It took more than half an hour to read this material, and after thinking for a while, he picked up the phone on the table and called Qin Zhicheng.

Obviously, Qin Zhicheng had long thought that he would call, so the call was made very quickly.

"boss!"

"I read your email. Do Tyco International and Adelphia Communications really have financial frauds as stated in your information?" Guo Shouyun said directly.

"Eighty percent chance!"

"8o%? This is not a low number. How did you find it?" Guo Shouyun asked.

"Since my boss asked me to buy the credit default swaps of Arthur Andersen and WorldCom, I have been collecting information on these two companies. Now Arthur Andersen has their names on the cooperation list, and I got to know them out of curiosity. Now, these two companies have one thing in common with Enron, WorldCom and Arthur Andersen."

"Common ground?"

"Yes! They all adopted the 'fair value calculation method'!" When referring to the last few words, Qin Zhicheng obviously aggravated his tone.

"Fair calculation method", Guo Shouyun's eyes instantly became deep. As a graduate of Stanford University's Department of Economics, he naturally understands the meaning of "fair value calculation".

Generally speaking, the financial calculation method that everyone is familiar with is called the 'general financial calculation method'. Enterprises adopting this method of financial statistics will clearly calculate the loss, income, current assets, non-current assets, etc. of one year when making the company's balance sheet. If you make a dollar, you will count the revenue of one dollar, and if you lose five cents, you will count the loss of fifty cents. Everything is clear.

But this is not the case with the 'fair value calculation'. It counts income first. For example, to build a power plant. When the power plant first started construction, and sometimes it was still on the drawing sheet and not generating any revenue, it was already counted on the company's balance sheet.

Moreover, even in the next ten years, twenty years, or even longer, this power plant will not generate positive income, and the revenue it normally generates will be counted. To put it simply: even if this power plant does not make a dime, it is a profitable enterprise that can generate complete income under the 'fair value calculation method'.

Some people say: tmd is this not a liar? Yes, this is a liar. This is also the reason why Enron, WorldCom, and Arthur Andersen will have financial scandals. It directly contributed to the birth of the Sarbanes-Oxley Act.

What is the source of this financial fraud? Of course, the heart of American finance - Wall Street. Anyone who knows stocks knows that the higher the revenue of a company, the more popular her stock is in the market. Especially in the 1990s, when the U.S. economy was in a bull market, all Wall Street financial giants would help you cover up financial loopholes, increase revenue, and increase stock prices. In the process of rising stock prices, they not only bought low and sold high to make a profit, but also made these companies with financial loopholes willingly sign loan orders with high interest.

In this case, Wall Street financial giants and big business executives are happy because they are making big money. However, ordinary investors and investment institutions such as pension funds and retirement funds have become the last culprits.

However, when the Nasdaq crisis occurred and the bull market turned bear market, the game of financial fraud could not be played. After all, 'fair value calculation' is just a financial statistical method. If there is no real asset that can generate profits to support it, it is just a paper tiger after all!

"Have you read their balance sheet?" Guo Shouyun continued to ask.

"Look, I analyzed the balance sheets of Tyco International and Adelphia over the past ten years, and I have read the operating information disclosed by them in detail."

"The results of it?"

"Tyco International's financial loopholes are even bigger, but Adelphia is more likely to fail by comparison!"

Guo Shouyun raised his eyebrows, Tyco International is much stronger than Adelphia. The former has an operating income of 4o2 billion US dollars, and the number of employees exceeds 260,000, ranking 91st in the world's top 5oo. By comparison, Adelphia is the fifth-largest cable provider in the U.S., with just under $600 million in revenue. The ability to resist risks is naturally not as good as Tyco International.

"Strong strength does not mean 'too big to fail'. In addition, the balance sheet is only a part of the company's true financial situation, and off-balance sheet assets are the key." Guo Shouyun said.

"Off-balance sheet assets are the core secrets of a company. It will be difficult to find out for a while. However, there is no real data on off-balance sheet assets, and from the existing information, their situation is also very bad. In addition, now the United States The energy market in China has been sluggish. The telecommunications market has been dragged down by the Nasdaq crisis, and it has also been bankrupt and closed. Therefore, the situation of these two companies will definitely not be good.”

After frowning slightly and thinking for a moment, Guo Shouyun continued, "How did you think about it?... Short?"

"Short Tyco International and buy Adelphia's default swap products!" Qin Zhi said.

In Qin Zhicheng's heart, UU reading www. uukanshu.com has always believed that Adelphia's situation is worse than Tyco International.

"How much money do you need?" Guo Shouyun said after thinking about it.

"$300 million to $500 million. Preferably $500 million!"

"You're not polite at all." Guo Shouyun smiled, and after thinking for a moment, "It's easy for me to support you. Prepare a more detailed document for me."

"I have prepared a 200-page document, and I will fax it to you right away."

"Looks like you came prepared!"

"How dare I disturb you if you are not prepared."

"Don't do this for me. I don't know you yet!" After scolding with a smile, "Okay, I'll hang up. I'm just calling you, I haven't eaten dinner yet!"

“Have a nice meal, boss! Bye!”

Shaking his head slightly, Guo Shouyun hung up the phone after saying "goodbye". Turning his head to look at the unclosed emails on the computer screen, his brows furrowed again. For the fraud scandals in the American corporate world that exploded in the early 21st century, he was most impressed by the four companies Enron, WorldCom, Arthur Andersen and Vidiwang. Of course, he also knows that to have such a great influence and directly contribute to the birth of the "Sarbanes-Oxley Act", it is certainly not just these companies that have financial fraud. But it's been a long time, and he can't remember it.

"Let's talk after reading Lao Qin's information!"

Thinking of this, Guo Shouyun turned off the computer, turned and walked out of the study. In the restaurant on the first floor, George Fields has prepared an exquisite Chinese dinner according to his instructions.

After dinner, I called Molly Bevan in Essex, England as usual, and after writing for a while, I went to bed on time at 10:30 in the evening.

Then, all night long!

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