Wall Street Legend
Chapter 68 How can there be so many good people?
Private jets are nothing to fuss about and can be afforded by many sports stars.
Sitting alone in this small plane, being cared for by a young stewardess, Ye Dongqing couldn't guess why he was allowed to pass by, so he simply squinted for a while.
It only takes two or three hours to drive from New York to Boston, and it's even closer by plane. I was woken up as soon as I fell asleep, saying that I was ready to land.
These days, General Dynamics has just cooperated with Gulfstream to launch a private business jet starting with "G". The aircraft he was riding was an old Gulfstream IV. As someone who has owned a G650, I always felt that the space was a bit small, and it took a long time to get up. He shrank his head for fear of hitting the cabin roof.
The peak of his life disappeared with that leap. Now Ye Dongqing can't afford a private jet. Renting it occasionally is no longer a problem. He still needs to continue to work hard. Last time he was satisfied with the G650. This time he wanted to be more ambitious, at least to get a Boeing 747 or something like that. That was the real luxury.
Speaking of Boston, many West Coast residents only have the impression of Boston lobster.
As the capital and largest city of Massachusetts, it certainly has more than just lobsters. Harvard University and MIT are nearby. It has developed industry, a long history, and the whole city is full of beauty.
What is a pity is that there are already New York and Washington on the east coast, and to the south there is Miami, a city of beach coasts and sunny coconut groves. After their attention is divided by them, Boston is only reduced to "not bad."
Meeting Malik Fashy on the airport tarmac.
This rich second generation, who was not much older than Ye Dongqing, drove a pretty normal white Rolls-Royce to pick him up today. When Ye Dongqing got into the car, Malik suddenly said proudly: "My time calculation is really accurate. Only a few minutes after arriving, I heard that the plane had landed.
How is your fund company doing lately? I didn't lose the money I invested. The financial advisor told me that the risk was quite high. For a few seconds, I was really worried that you would disappear with the money. "
When interacting with Americans, don't expect to be tactful and give face.
They always say whatever comes to mind. Unless the relationship between them is good enough, they are mainly self-centered and very selfish.
The relationship with Malik is currently only reflected in business cooperation. Ye Dongqing did not think that the other party's question was humiliating him, and calmly asked: "You asked me to come to you from New York, don't you just want to see that I am still here?" Aren't you here? I used more than 20 million U.S. dollars in principal and made more than 5 million U.S. dollars in four days. The market conditions are so good that I don't have time to mess with you for too long. Please talk to me about business. "
"More than five million? Four days? Are you sure you're not kidding me?" Malik sounded surprised.
He remembered that Ye Dongqing once said that the money would be used to invest in the Nasdaq Internet sector. Combined with the news of the stock market's surge this week, he had guessed that he would probably make a profit, but he did not expect to make so much money all at once.
The reason why he expressed himself in this way was of course because he wanted to continue to receive funds from Markli Fasi.
It can be expected that the momentum of the sector will continue to rebound in the next period of time, and the scale of the Freshwater Fund is still a bit small, which led Ye Dongqing to the idea of increasing leverage to go long on the Nasdaq Index.
The risk is that he only knows the overall trend. If there is a big fluctuation in the short term, it is very likely that the position will be liquidated. There is too little capital in hand. From the perspective of risk control, it is safer to invest in stocks at the moment. After all, it is not his own money. It's better to be careful.
Even if he really wanted to go long, he should be specific to a certain stock. It had risen too much this week and he was worried about another correction. He planned to wait and see for a week, and then consider using a small leverage of three to five times to gamble on luck.
"If you don't believe it, I can ask someone from the company to send you an email to see the specific position status. If you knew how much Amazon stock I added last week and how much it has risen recently, you would never So much fuss.
If you continue to invest in our company, I will give you even an annualized return rate of ten points without any commission. "
Ye Dongqing's words made Malik extremely excited, not because of the ten-point annualized interest rate. Who doesn't want to make more money? He said: "How about this, you come to be my financial consultant and give you Three points of profit commission?”
"This is not possible. I have to support a whole team, and the company has too many things to do, so I can't be busy at all."
"Leo, maybe you still don't know the news about my father's death. He left half of his estate to me and the other half to my mother. Even if I have fifteen million dollars in investable cash, you don't agree?"
If the principal is two to three million, or four to five million US dollars, it is not worth Ye Dongqing, who can only get 3% of the total profit, to take the time to work for others.
When he first heard about the $15 million, he began to have some ideas about how to get Malik to continue investing in his company's financial products.
He didn't talk about this at first. After learning about his company's recent profit rate, Malik mentioned being an investment consultant. Ye Dongqing understood that the other party was just on a whim, more like a young man's hot head and impulsiveness.
When discussing business with this kind of person, it's okay to say it's a good deal or not, it's all about whether you can catch the other person's temper.
Ye Dongqing smiled and asked about something unrelated: "Your father is in business, right? What is his company's annual net profit margin?"
"Huh? I'm not sure, maybe six to seven percent. I seem to have heard someone say that before."
"Look, it's so difficult to start an industry. I've given you a ten-year rate of return. This number is not small, and you don't need to do anything.
As for giving you investment advice, Malik, I regard you as a friend I can make, so I came immediately after receiving your call. If I give you advice but end up losing money, can we still be friends? "
Ye Dongqing secretly changed the concept and added: "Of course, if you insist, I can give you some investment advice. As for which stock to buy in the end, it's up to you. People who speculate in stocks generally don't give advice to their friends, because they talk to each other after losses. It’s difficult to maintain the original relationship. It’s good to make money, but you have to consider that the risk of loss is also high. And if you invest in our company’s financial products, even if you lose investment, I will use the company’s money to help you make up for it.”
Last time, he got millions of dollars from him by cheating a few words. Then Malik Fassy was classified as a "not very smart" person by Ye Dongqing. He talked about financial management with Ye Dongqing, and Ye Dongqing talked with him. Talking about a friendship that is so thin that it does not exist yet, the starting point is still to put most of the profits in one's own pocket.
If you really ask yourself to be a consultant, you will only let the other party invest in a combination of products such as Microsoft, Nike, Amazon, and Berkshire Hathaway, plus some junk stocks that perform well. You will definitely make money, but you will not make money. too much.
The other party is only willing to give a commission of three points, or the profit after deducting the principal. Ye Dongqing is really stupid for trying his best. There are not so many good people in the world...
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