The Rebirth of the Financial Hegemon

Chapter 76 This is a trap

Newbies who have just entered the speculative market often have many basis for establishing positions.

Some people buy and sell after hearing the news, some buy and sell based on the news, and some buy and sell by drawing lots...

Evolve a little further and study various technical indicators for position creation.

What are KdJ, Macd golden cross buying, dead cross selling and other cool operations...

Or you can concentrate on studying the fundamentals of the industry as an investment basis.

If it's more high-tech, there will be some kind of quantitative trading module or some kind of intelligent trading software.

He has a very high profile and seems to be very noble.

However, this is of no use.

AlphaGo, who defeated the national Go player, was beaten alive in the market and turned into a useless dog.

Facts have proved that no matter what tricks traders use to trade, the 28-year profit and loss rule will never change.

Many people become green wheat sprout-like dishes in the harvest after harvest in the market.

This has caused many people to develop various conspiracy theories when they doubt their lives.

Some people may even think that the main force is eyeing the small amount of funds in his hand.

In this regard, those funds that are regarded as the main force and those institutions that go bankrupt every year can only shout that today's retail investors are really cunning.

If the harvest fails, it will be destroyed.

Even the government of a country has no absolute chance of winning in that highly complex market.

Every year, some countries suffer significant losses due to strategic mistakes.

Historically, there are not just one or two countries that have suffered losses and gone bankrupt due to debt.

This seems to prove that there is no right way to trade in the world.

There is also no right way to invest.

Otherwise, how could a company or fund backed by the state go bankrupt due to losses?

Whether it is a technical stream or a fundamental researcher, whether it is a small fund or the so-called main force, there is only one dead end in the end.

Value investors always invest in things that have no value in the end.

Technical flow traders often die from technology.

Everything shows that the investment market is highly complex.

In this highly complex market, value and technology simply do not exist.

However, in this market where value and technology do not exist, there are still people who will never decline like evergreen trees.

Soros.

This financial giant that makes the whole of Europe fearful is that evergreen tree.

From the day Quantum Fund was established, there has been no failure.

Soros, who has accumulated a lot of experience, led Quantum Fund to dominate the financial market with an annual compound interest rate of more than 30%.

Because Soros has a pair of eyes that can see through the essence.

The market is very simple.

But the human heart is complex, too complex to see the simplest things clearly.

Under information interference and long-term thinking patterns, people will always complicate simple things.

Because people are too smart.

Smart people always think about a lot of things, and smart people always use smart ways to solve problems.

Like the collision of pool balls.

Smart people always think about the consequences of the force of impact from a certain position and the arc of reflection.

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There's nothing wrong with that.

But the mistake is that smart people are always conceited.

When calculating errors, smart people always refuse to admit their mistakes.

Smart people are smart again.

When the calculation is correct, smarter ways of operating will be calculated.

Soros is also a smart man.

But he is also a very simple smart man.

As a generation of speculators, he knows that the market has only two directions.

Not on,

Just down.

If you have your sights set on one direction, just believe in yourself like a pig.

As early as two years ago, after countless surveys and analyses, Soros began to be bearish on the Southeast Asian economy.

He has been convinced that the economies of these countries will decline and that their currencies will depreciate.

Soros is convinced of this.

Therefore, after confirming that the decline of the Thai baht was not a trap, Soros felt deeply aggrieved.

In a pure market, there are only two outcomes: up and down.

But if there must be something that determines this upper and lower relationship, there are only two words.

General trend.

The general trend is like a surging river, which can be channeled but not blocked.

Under the general trend, whether it is a country or an individual, they are just a drop in the ocean.

Follow the general trend and win the national destiny, follow the trend and make profits.

Soros is convinced of this.

Thousands of years of records in history books have already recorded that the general trend is irreversible.

Rubles, pounds, pesos to coppers...

All market results perfectly prove what is irresistible.

Various analyzes have already proven that the economic development of Southeast Asia has reached a bottleneck.

The economic recession in these countries has become unstoppable.

Thailand’s fixed exchange rate and highly proprietary financial market, as well as the hollowing out of its rapid development, make the Thai baht inevitably the first link to collapse.

ASEAN's motto is that when everyone prospers, everyone suffers. Under the bundled interests, as long as the Thai baht collapses, other countries' currencies will inevitably have problems.

It's like a gear. If one link goes wrong, it will explode.

So after confirming this, Soros openly attacked Myanmar.

It is true that the general trend is inevitable, but there is another sentence.

Times create heroes, and heroes create times.

The attack on Myanmar is a carefully prepared campaign by Soros.

Myanmar, next to Thailand.

Due to their geographical location, the two countries have very close economic ties.

As long as there is a problem with Myanmar's currency, it will inevitably have an impact on Thailand's economic system.

People are always blindly obedient.

Once the kyat collapses, the Thai currency, which is next to Myanmar, will definitely be affected by panic.

This is the so-called herding effect.

As one of the giants at the top of the pyramid in this era, Soros has a grasp of the weaknesses of human nature that no one can control.

The results proved that Soros's judgment was correct and his campaign was successful.

Under his strong criticism, the kyat suffered huge selling. Amidst the sharp depreciation of the kyat, the Thai baht also immediately had a chain reaction.

The result was consistent with Soros's judgment, but it was not the result he wanted to see.

In other words, this is not the result he wants to see now.

Ordinary investors will speculate on the consequences based on their own judgment, and then establish positions in advance based on the inferred results.

But Soros is different.

He knew that he was only a human being, not an omnipotent God.

You can recommend results based on the trajectory, but the results may not necessarily be consistent with the deduction.

If you want to prove that your deduction is correct, the results are the most powerful explanation.

He needs to wait for the market to verify his judgment before establishing a position.

As long as the results are correct, it is never too late to establish a position.

This is where Soros feels frustrated.

The collapse of the Thai baht proved that his deduction was correct and the success of his campaign.

But the funds that defeated the Thai baht were billions of dollars, funds that had nothing to do with him and the Quantum Fund.

This means that everything he painstakingly did made a wedding dress for others.

Someone beat him to it and launched an attack on the Thai baht.

Soros is still a human being.

After working so hard to plan the layout, someone else took the lead in the end. Anyone else would be so angry that they would vomit blood.

This is a great shame for Soros.

Since Quantum Fund became famous, every major push and attack has not been led by Quantum Fund.

But now, I don’t know who has taken the advantage.

This makes Soros feel very frustrated.

Unlike Robinson, a tiger accustomed to hunting.

Soros likes the feeling of being able to respond to everything at once.

The feeling that one word can determine the life or death of a country makes Soros feel like he has the authority of God.

In addition, that kind of clear-cut position also allows him to have a lot of funds left when attacking.

In the past, wherever the Quantum Fund's soldiers pointed, there would be countless funds willing to be the pawns waving flags and shouting.

These are the benefits of fame.

With great fame, just one word can mobilize thousands of troops.

But now, this authority has been snatched away from him.

But there is nothing I can do about it.

No one can change what has happened.

Soros is very human after all.

After confirming that things cannot be changed, immediately adjust your mentality quickly.

After rubbing his chin several times out of habit, he said to his most capable man, Stanley Druckenmiller.

"Stanley, find out who made the move before us."

Druckenmiller, as Soros's number one operative, knows Soros's character very well.

Druckenmiller knew that his boss was deeply resentful this time.

But Druckenmiller was also curious about who could actually get ahead of the Quantum Fund.

The time to start with unknown funds was too good and too bold.

You know, even the Quantum Fund does not dare to spend billions of dollars to attack the Thai baht.

A national goods system represents a country's sovereignty. Without absolute certainty, no one dares to attack easily without any scruples.

But the market is always full of variables.

Not Almighty God, no one can have absolute certainty.

Who could it be?

Deeply curious, Druckenmiller immediately started an intelligence agency investigation.

Soon, the results came out.

With the intelligence system controlled by Quantum Fund, there are very few things that cannot be found in the capital market.

What's more, with billions of dollars in circulation, no matter how clever you are, it's impossible to hide such a large amount of funds.

Jushi Asset Management is an asset management company under Jushi Capital.

After learning the name, Soros was speechless for a moment.

The name Jushi Capital has become very famous recently because it was this company that suddenly acquired Standard Chartered Bank.

A long time ago, Soros sent people to investigate the origins of Boulder Capital.

But unfortunately, apart from some obvious things, nothing valuable can be found at all.

Apart from knowing that the company is ostensibly controlled by a Chinese, there is no greater gain.

In the office, Soros and Druckenmiller were relatively speechless.

After a long time, Soros whispered to himself.

"Boulder Capital..."

"Boss, what should we do now?"

"Stanley, what do you think?"

"I think that since the current trend of the baht is in line with our judgment, we should continue to implement the previous plan."

"how do you want to do it."

"I'm going to open a $2 billion position."

"Stanley, do what you want..."

In terms of employment, Soros can be said to have impeccable charm.

Back then, he was able to leave the Quantum Fund for Druckenmiller, and he already had enough trust in Druckenmiller.

For now, he still won't influence any of Druckenmiller's decisions.

The sudden collapse of the Thai baht made all major capitals around the world who were preparing to attack the Thai baht feel caught off guard.

However, in the market trend, these capitals all began to choose to establish short positions in the Thai baht.

Soon, Jushi Capital’s name was widely known in the circle.

Many people are curious about this name.

When Jushi Capital acquired Standard Chartered, many people inquired about the company's origins. Now, this little-known company has actually taken the lead in launching an attack on a country's sovereign currency.

For a time, Jushi Capital’s name became the most resounding name in the financial world, even faintly competing with Quantum Fund and Tiger Fund for supremacy.

In contrast, the culprit doesn't know how to explain it.

Jushi Capital Hong Kong Headquarters.

Zhao Jiangchuan stared at the market trend like a goose in a daze.

There was no high-spirited look on his face that stole the show.

This guy's character is very unreasonable.

After gaining sufficient strength, Zhao Jiangchuan was no longer prepared to keep a low profile.

However, Zhao Jiangchuan's face now only looks confused and innocent.

He felt that he seemed to have overplayed his game.

Jushi Capital was the first to use one billion U.S. dollars to leverage 10 billion U.S. dollars of Thai baht.

After discovering that he would be killed if he increased the leverage, Zhao Jiangchuan could only choose to go to the Thai stock market to make some money to pay interest.

As a hacker, this guy fine-tuned the hack to an optimal module.

Accidentally, I made 160 billion baht in the Thai stock market.

With so much money, classmate Zhao Jiangchuan also felt guilty.

He knew that the Thai baht would definitely collapse.

How to fix it.

Of course, before the Thai baht collapses, we should exchange some of it for US dollars.

Otherwise, if the Thai baht depreciates in the future, the Thai baht assets in his hands will suffer huge losses.

But Zhao Jiangchuan didn't expect that this change would cause problems.

Jushi Asset Management carefully used one billion baht to sell in the spot market every day, but before three days were over, the baht dropped from 23 to 26.

Zhao Jiangchuan was as confused as everyone else at this result.

In other words, he was more confused than others.

Standing outside the chessboard, Zhao Jiangchuan knew the Bank of Thailand's fortune very well.

Definitely not something that can be defeated with just a few billion.

Logically speaking, it is impossible for his three billion US dollars to break the Bank of Thailand's defense line.

What's more, in addition to the Bank of Thailand, there is also its ally, the Monetary Authority of Singapore.

The combination of these two companies once made the international short-selling capital cry for their parents.

Even Tiger Fund and Quantum Fund were hit hard at the beginning.

But now, his mere US$3 billion has broken through the elastic range of the Thai baht.

This makes no sense.

Suddenly, Zhao Jiangchuan's eyes lit up in a daze.

He suddenly understood what was going on.

Damn it, this is a trap!

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