The Whip of the God of Basketball
Chapter 365 No Advance
After shopping around Henderson, Leon drove away and drove back to downtown Las Vegas, and then arrived at the Thomas Sports Center under the escort of two security guards. In this way, the two security guards felt relieved, but they still did not dare to go back. They took this opportunity to go out and have fun and be lazy; at the same time, they continued to "serve" Leon. This guy had sneaked out to "collect taxes". "recorded.
But this time the two security guards really had to waste an afternoon in the sports center staring at nothing, because after seeing Henderson's house, Leon was already obsessed with the small money in the Las Vegas casino. Lost interest. What he is most concerned about now is how to short the U.S. real estate market as quickly as possible and with as little trace as possible. After all, he has been observing this trend for several years.
Not only him, but also some financial professionals across the United States have smelled the rot in the U.S. mortgage market. Many people have started planning early to prepare for the collapse of the real estate market, just like vultures hovering in the sky, waiting for their huge prey to die on its own, and then come down to eat a sumptuous dinner.
As a sports coach, Leon often spends his time on basketball. He only devotes a small part of his energy to observing the financial market, which is his old profession. Leon first noticed the holes in the U.S. real estate market in 2002, when they lost to the New Jersey Nets in the Eastern Conference finals.
Then that summer he wanted to buy himself a house and use his income. Since the Boston Celtics have been treating Leon as a temporary worker, Leon will definitely need a loan. Leon's social credit score had always been poor before, so few banks were willing to lend him money. Although he is the coach of the Boston Celtics and although he is well-known in Boston, his credit value is too low and his multiple default records in the past have caused him to be rejected a lot.
Until later, someone told Leon that there was no need to go to the loan departments of regular big banks to seek loans. He only needed to make a phone call and find a credit institution under a small bank or investment bank. With his social status and job, it was simply a matter of getting a loan. Easy as pie. Sure enough, Leon just called a credit institution and easily obtained a loan to buy an apartment in Boston's North End.
Of course, he quickly paid off the loan, sold the house, and lived in a single-family house with Khomeinis. However, this experience gave Leon, who has rich experience in the financial industry, a hint of something unusual. Because Leon discovered that interest rates on U.S. loans were falling surprisingly quickly. However, at that time, all his thoughts were focused on basketball and he was not interested in these things.
After he had a wife and children, he left Boston to teach at a university. Then he found that after working in the NBA for several years, his income was not as high as Khomeinis! Khomeinis relied on her father's support, and her agency was prosperous. Leon was victimized by Boston's various temporary labor contracts and basically didn't get much money. During the three consecutive championships, his salary level was only in the middle and lower reaches of the entire league.
Of course, Leon is not worried about money, nor does he love money very much, but sometimes, he still hopes that his achievements can match his income. After all, it is quite embarrassing to take money at home but not to his wife. Therefore, Leon sometimes went to the casino to collect taxes, but as the casino strictly guarded him, making money by himself became more and more annoying. Gambling is originally just a kind of entertainment and relaxation, but it is no longer fun like this.
At this time, Leon began to think of the huge MBS market in the United States and decided to start tracking the entire market and obtain as much first-hand information as possible so that he could have a general understanding of the entire market situation. In the absence of the qualifications to purchase CDS, Leon decided to focus on those hedge funds. He planned to select several suitable hedge funds to invest in so that his assets could survive the coming storm. But two rolls, three rolls, four rolls...
But these are still in Leon's plan, and he is still waiting for the best time to invest.
Now, he still has to focus on basketball. If what he went to see today were all subprime loans, then at the Thomas Sports Center, what he saw were subprime players, marginal people rated BBB level.
When he arrived at the center, the summer league had already begun, and the Phoenix Suns' opponent was the Cleveland Cavaliers. Leon sat on the sidelines and watched from beginning to end, almost falling asleep while watching. Because among the players on both sides, there is no one who satisfies him.
In the end, the Phoenix Suns lost the game. The highest scorer on the team was Marcus Banks. He scored 42 points. It is obvious that he is higher than others in terms of personal ability. But his performance did not satisfy Leon, because he stood out only because he was in a low-level league. When he reached the high-level NBA, Leon did not find the characteristics that attracted him.
Then the game on the afternoon of the first day passed like this. Leon watched it all afternoon and there was not a single guy he liked. He couldn't help complaining to D'Antoni: "I really don't know what your player selection criteria are, but obviously, I think you pay too much attention to comprehensiveness and ignore characteristics in the selection of role players. In this situation Instead of looking at the average, look at the median.”
On the one hand, what Leon means is that he thinks that the Suns select talents based on comprehensive abilities, but they forget that they cannot select All-Stars here, as long as they can find players who are useful in a certain aspect. On the other hand, he complained about the way the US rating agency rated MBS.
On the third day, there were still no surprises. Today their opponent was the Philadelphia 76ers. The Suns lost this game again, and there were still no highlights in the game. But Leon still maintained great patience and watched the game between the two sides carefully.
His only surprise in the past two days was to see the Chinese national team in another sports hall. They went to Las Vegas to train and participate in the summer league in preparation for the 2008 Olympic Games. Of course Leon saw his former teammate Wang Zhizhi, as well as Yi Jianlian, who had just been selected by the Bucks in the draft. After Leon left Boston, Wang Zhizhi also left the NBA, returned to China, returned to the Bayi Men's Basketball Team, and led the team to win the CBA championship in the 2007 season. It can be said that after several years of training in the NBA, Wang Zhizhi has become more dominant in the CBA.
Leon watched the match between the Chinese Men's Basketball Team and the New York Knicks from the sidelines that day. Wang Zhizhi scored a team-high 20 points, but the Chinese Men's Basketball Team still lost to the Knicks without Yao Ming.
In this way, more than a week passed in a row, and the Suns suffered repeated defeats in the summer league. In fact, losing doesn't matter. Leon hopes to discover some talents. Now the Phoenix Suns have a basically complete lineup, and the core lineup has not changed much compared to last season. But Leon knows that changes in a team's temperament sometimes come from those sitting on the bench.
But on the 14th, things changed. At four o'clock in the afternoon that day, it was supposed to be the Dallas Mavericks versus the Boston Celtics. Leon decided to go to the scene to watch the Celtics game. The game was held at the University of Nevada, Las Vegas. stadium. After arriving in Las Vegas, Leon has not yet gone to watch the game of his old club.
Then after arriving at the venue, Leon discovered that the game was canceled because the Boston Celtics didn't come to Las Vegas at all! This originally scheduled game did not exist at all. Leon usually doesn't carry any schedule in his hand. He keeps it all in his mind. However, the schedule was changed and he didn't know it yet.
Later, Leon thought about it and couldn't just come here in vain, so he decided to visit the Dallas Mavericks training. Because the current assistant coach of the Mavericks is Carlisle. Leon still wanted to talk to him about old times.
However, when Leon arrived at the door of the gym and wanted to go in, he was stopped by a Mavericks player who was about to go in. He said, "Sorry, no one can come in. We are training inside."
Leon said: "I'm not just waiting around, I'm Fox-Leon." Leon immediately reported his name. He didn't expect that there were players who didn't recognize him.
But the player said: "Fox Leon? Then you can't go in. Our coach said that anyone can enter, don't let Fox Leon in. Okay, I'm going back to training."
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