The Youngest Son Of The Reborn Chaebol Family, Invests In The Sister-In-Law At The Beginning

Chapter 24 I want to short US stocks! Attack Wall Street!

(Sixth update, 3,000-word chapter with a large number of characters! Ask for everything!)

yes,

Chen Daojun has traveled thousands of miles to come to Meimei. There are many things to do and many people to find, but the first thing he is looking for is this god, Lafitte!

Now that he was reborn, so many years in advance, there is no need to rebuild his own power and team.

You only need to look at the real superstars from all walks of life in the future, and a stud with a brain will be fine!

In the film and television, Chen Daojun found an investment tycoon from the cold country, but where is there a ready-made super tycoon?

Wang Duoyu knows how to find a stock god to eat and feed his kidneys. I, Chen Daojun, am also the son of a chaebol, can't I?

Lafitte in 1987 was very famous on Wall Street, but it was strictly limited to very famous.

In his previous life, Chen Daojun also played stocks. He once read an autobiography of Lafitte.

In his autobiography, he mentioned that around 1969, Lafitte only controlled US$80 million in funds. By 1987, Lafitte had managed about US$300 million in funds.

Already famous on Wall Street! But, not yet a giant like Ross!

300 million US dollars, for him, is far from the peak moment. A fraction of the peak moment will never arrive.

It was around 1991 or 1992 that really made him a giant!

It can be compared like this, the Lafitte in the next few years will be a huge ship with tons of tons, and now he is 87, he is a luxury yacht!

It was a little late to get on the boat, and the fare was a little higher, but fortunately, it was still possible!

If you come to Lafitte two years later, you won't even be able to meet his assistant!

Today's capital investment giants manage hundreds of millions of venture capital funds in their hands, and at the same time help clients handle investment business, manage assets, and so on.

. . . . . .

"You... want to short U.S. stocks?"

Lafitte frowned.

He looked at the child in front of him, and behind him were the employees of the Shunyang Group office.

He doesn't understand.

However, this does not hinder the conversation, the child's eloquence and logic are very good.

And most importantly, as a venture capitalist, Lafitte doesn't care who the client is or how old they are.

What's more, Fang Shunyang's.

. . . . . .

"That's right, I want to use the 32 million as collateral, and I hope you can borrow the maximum amount of US stocks, and then short the stocks."

Chen Daojun said.

Short US stocks!

This is Chen Daojun, holding 32 million in his hand, wanting a huge profit, the best opportunity!

At that time, he was planning after getting 30 million. Ordinary investment would take effect at least a few years later. He couldn't afford to wait. He wanted to get rich overnight in the shortest possible time!

this!

It's an opportunity!

On a Monday in October of '87,

It is called Black Monday by stockholders!

open today,

On that day, the global stock market plummeted under the lead of the New York Dow Jones industrial average index, which triggered panic in the financial market.

The Dow Jones index fell 508.32 points in one day, a drop of 22.6%!

The highest single-day drop since 1941!

Within 6.5 hours, the New York stock index lost 500 billion US dollars, which is equivalent to 1/8 of the annual gross national product of the United States.

This stock market crash shocked the entire financial world!

In this stock market crash, all predators were spared,

Only Lafitte sold most of its stock early..

It was also this battle that allowed Lafitte to become a god on the basis of his fame!

certainly.....

The only regret is that Lafitte did not short at that time,

He once wrote this regret in his memoirs. If he had used his own assets to short-sell at that time, his assets and reputation would have been close to the financial giants at that time, and he would not have to wait until a few years later.

because,

Before the stock market crashes, no one can predict it.

Before the Black Monday of the 1987 stock market crash, beautiful people in the financial industry did not experience a similar situation. The last time was 1929, and those who experienced that era were all old, and the new generation was inexperienced. It is even more impossible for someone to short.

After the stock market crash in 2008, Goldman Sachs shorted real estate subprime mortgages. At that time, it had already had a lot of experience in the big crash. And at that time they were not completely short, but as a hedge, and they did not expect to make a lot of money later.

It was very rare for Lafitte to sell in time at that time. If the short selling failed, it would be a loss!

"This risk, I assess as a super risk."

Lafitte said, "I can use your funds to go short, but if it fails, all of your principal needs to be repaid to the loan, and you need to bear several times or even ten times the compensation."

"no problem."

Chen Daojun was very persistent and signed a loan contract with high interest.

The so-called shorting stocks can be simply understood as borrowing stocks, then selling them immediately to realize cash, and then buying them after the stocks plummet to the lowest point.

To give a simple example, you borrowed a stock worth 10 yuan from a friend, and then sold it immediately to make a profit of 10 yuan, and then the stock price plummeted to 1 yuan, and you spent another 1 yuan to buy this stock Return the stock to your friend.

In this way, you and your friend pay off your debts, and you earn nine dollars.

Empty glove white wolf.

A lot of money!

Therefore, Chen Daojun asked Lafitte to do it, but he couldn't do it himself.

As a time traveler, he didn't have a financial background in his previous life, so he didn't understand the rules and unspoken rules of stock trading on Wall Street in 1987. There is also no way to borrow large amounts of stock.

And Lafitte has reputation and reputation, relying on Chen Daojun's principal, he can carry out a large number of short positions.

but!

There is one condition in the premise, you have to make sure that this stock will fall wildly!

but.....

How is it possible that today the beauty is at its peak and the stock market is booming?

"I will do as you ask. Since you insist."

Lafitte said, "But you have to bear the consequences."

Chen Daojun nodded. In front of this investment giant that is about to develop, he has no advantage, and some only know the prediction of Black Monday.

Therefore, Chen Daojun doesn't talk to him too much, the more he talks, the more mistakes he makes and the more he exposes.

After Chen Daojun left, Lafitte began to work on the layout.

But he was still very suspicious,

"Is it true that children in the East are so precocious? I heard that they will learn multiplication and division when they are young. What strange 99 multiplication table."

"Or, this is his grandfather, the Shunyang Group is making a move, and he is just an office worker."

"Oriental groups like to cultivate their own family power."

Lafitte shook his head. Since the client has a request, just do it. Anyway, no matter whether he wins or loses, Chen Daojun signed an agreement with him, and he will draw a large amount of commission.

"etc."

Lafitte suddenly said to the assistant,

"Collect and summarize all the US stock reports in the past few years, and summarize all the resource information in the past few months, and give it to me in an hour."

an hour later.

Lafitte looked at these data, the more he looked, the more surprised he was!

(The trip to Wall Street is just for the protagonist to get more capital bullets, have more upfront capital, and return to Hanguo soon.)

(Thank you brothers for your support, the flowers have reached 50,000, and the author started to explode the update mode crazily!

At the same time, Jiageng is also valid today,

The evaluation votes did not reach 2000 yesterday, and now it is 3000 evaluation votes. If it reaches 4000 evaluation votes tonight, the author will add ten more! Didn't anyone vote for an evaluation today? It's only a few hours away and it will be night. Please break 4,000. There are only a few evaluation votes left, and we will add more when we arrive! Begging for evaluation votes! )