Wall Street Legend

There are endless small things to do. I just finished solving Miss Laura's things, and I have to work on decoration again.

The renovation matter was handed over to a decoration company. According to the other party, it would take three days to get the first draft of the design and then make corrections. Because it had been renovated, there wasn't much that needed to be changed. It could be completed in about half a month. Ye Dongqing had already given instructions on the company's relocation.

I plan to wait until next week to let Laura come over first. There is everything here. The lower floors of Trump Tower are full of shopping malls. The three-mile range of activities is enough for her to get through two months comfortably.

Compared with Midtown, the difference between Lower Town and Midtown is just a tiny bit. So many companies on Wall Street have fled en masse, mainly because the office and living environment nearby are not as comfortable as Midtown. No one wants to stay in a place where there is no sunlight all day long. Office in the building.

The Puchuan Building built more than ten years ago was quite good, and he was satisfied with it in every aspect. After finalizing it and completing the formalities, Ye Dongqing's life was about to change.

January 4th.

Since early in the morning, Ye Dongqing has locked himself in the office. Ms. Vigo has not come back yet. Mr. Kanek is wondering what happened. Judging from the little boss's usual behavior, it seems that he never stays in the company for a long time. habits here.

On the desk, the computer screen is on, showing various key news related to oil in the recent period. The screen of the Bloomberg News data terminal on the wall not far away shows the various news in the past month. Ye Dongqing spent a lot of money ordering this information on crude oil futures transactions on a commodity exchange.

I carefully read almost all the documents and data I could find, word for word, trying to find clues. I finally came to the conclusion that the oil price is very likely to rise. The main reason is that the long forces have not made much money. Money will never give up easily, and regional turmoil will also drive up oil prices.

The last success involved luck. Ye Dongqing didn't know whether good luck would come to him again, but he had decided to spend a sum of money, using about US$10 million to US$15 million, to continue to increase leverage. Go long futures and keep another 10 million US dollars as a reserve. If you don't have the confidence to gamble on opportunities, it's not too late to add more positions when there is good momentum.

In the past three hours or so, he has been busy analyzing various data. It is difficult to think about professional issues. The shortcomings of not systematically learning various financial knowledge have gradually become apparent. It is necessary to read more books recently to recharge. , or hire some first-class experts who are not good at practice but are good at theory to help check for deficiencies and fill in the gaps.

They have a good understanding of the economic situation at the macro level in the next ten years or so, but when it comes to industry fluctuations in a specific period of time, some financial analysts are definitely better than Ye Dongqing. Whether it is Facebook or the stocks of Freshwater Fund, they all fall into the category of long-term investment. , it is unlikely to bring huge amounts of cash in the short term, which makes Ye Dongqing have to find another way to make money.

Looking at it, only crude oil futures are the most suitable at present. The leverage of foreign exchange trading can be as high as one or two hundred times, and the margin requirements are not high. However, there is no suitable opportunity to enter the game. It is just that I have seen too little news and have not remembered it in my mind. I remember it. Those will not happen until a few years later.

In addition to these, investing in warrants through the leverage effect of warrants is also the focus of Ye Dongqing's recent focus.

I had rarely come into contact with warrants before. It is also considered a leveraged investment method and is more suitable for fresh water funds to hunt for Internet industry stocks at the bottom.

The so-called "warrant" is a certificate of right that stipulates that the holder of the security has the right to purchase the underlying stock from the issuer at an agreed price within a specified period, and an order contract in the field of commodity futures. almost.

There are two main types. Equity warrants are issued through listed companies, which will increase the total share capital. Redemption warrants are issued by third-party institutions such as securities firms and banks, which will not increase the total share capital.

In the past century, countless products have been derived from the financial field. The senior executives of securities firms and investment banks understand the risks and therefore pay more attention to long-term benefits.

They invest in stocks, unlike Ye Dongqing's Freshwater Fund Company, and they don't just buy them and leave them there. For some stocks with uncertain prospects, other institutions or investors can agree on a certain stock price by buying a certain stock from them and exchanging it for warrants. Price, after paying the fee, wait until the warrant expires before paying the remaining balance, and the transaction will be completed according to the price agreed on the warrant.

for example.

The share price of a certain stock in 2002 was US$10. The exercise price of the underlying stock warrant was US$12. The warrant was priced at fifty cents. The agreement was reached on a one-to-one basis, that is, one warrant could purchase one share. stock.

If an investor purchases a warrant, it is equivalent to investing fifty cents in an underlying stock with a premium of twelve dollars. If the stock rises to fifteen dollars within the agreed date, the return rate is: ( 15-12-0.5)/0.5=500%.

And like Freshwater Fund Company, if you buy stocks directly from the circulation market and brokers, the return rate is: (15-10)/10=50%, without taking into account handling fees.

All in all, using this kind of leverage to trade in the stock market can use a small amount of funds to hold more low-priced stocks through third-party institutions. As long as the partner is selected, Ye Dongqing does not have to worry about not making money, and it is very suitable for him. We are currently facing a shortage of funds.

Last night afternoon, he had asked Kanike to contact the big brokers and investment banks to see who was willing to sell long-term warrants for Amazon, Netflix, Apple, Paypal and other companies. This is a common method in the secondary market. , to put it bluntly, it is similar to options, just like the difference between a peach and a peach. Warrants are a type of option and are suitable for Ye Dongqing to invest, but the principal paid may be more.

There are not many acquaintances around him, which gives Ye Dongqing time to study how to make more money. The reason why he only looks at the IT industry instead of investing in the real industry is mainly because the return rate of the latter is not as high as the former, so he would be stupid to give up making money. There is no need to consider changing the direction of investment unless the scale is large enough and risk needs to be avoided when there are opportunities for more money.

At this moment.

He walked out of the office, patted Kanak on the shoulder, and motioned for the company's second-in-command to come to the side to talk with him.

Kanak asked in confusion: "You want to see me if you have anything?"

"Well, help me buy crude oil futures, buy them today.

If possible, it is best to have a margin of less than 5% and buy about 15 million US dollars. I will leave enough reserve this time, don't worry. "

Hearing this, he was shocked. Even a 5% deposit meant a leverage of 20 times. Unless he was completely sure, he would probably die.

Kanak showed a bitter face, scratched his numb scalp, and asked: "Boss, our company has suffered a lot of losses recently, and you have to invest in options. Can't we be more stable recently?"