Wall Street Legend

Chapter 83 Go Crazy!

"Crazy! Are they all crude oil futures?!

Are you sure there is no hedging and you are all long? ! Damn this guy will not invest! "

Edward Johnson Jr. was furious in the office, standing in front of his assistant, secretary, including the male accountant who had just rushed over from the Freshwater Fund Company a few minutes ago.

According to the stipulations in the VAM agreement, a third-party company usually checks the accounts, and in the middle of the month, they can check each other's accounts. There is only one time.

With the scale of Fidelity Investment Group, some people in it have access to secret information, such as the recent performance of the long-short game on oil prices, behind which a group of oil and arms tycoons secretly participated.

It is not surprising that he has access to these news. These giants like to use the "information asymmetry theory" to make money. Some fluctuations are jointly created by a group of giants. For example, in the Internet bubble crisis that just ended, many companies chose to sell in batches at the same stage. It can no longer be described as a coincidence.

They have their own small circle, help each other, and send news to each other. After learning about her son's gambling agreement, Ms. Johnson personally sent a well-known fund manager of the company to help. For two weeks, little Edward has also been trading oil futures, but in the form of long-short hedging.

Buy some long orders, buy some short orders, and then adjust flexibly depending on the development of the market, which can avoid losing too much at one time, which means that it is relatively difficult to earn too much.

Since traditional funds generally collapsed after the Internet bubble, this originally neglected financial management method has been accepted by investors. Overnight, no one invested in traditional funds, and they preferred to invest in hedge funds.

The accountant in charge of checking the accounts wondered: "Yes, and I heard from my friends that the Chinese young man who bet against you not only bought more than 5 million US dollars, but also bought nearly 50 million US dollars from his fresh water fund company, all with 8% margin and 12.5 times leverage.

It was all delivered a few hours ago. If the sell-off was not too early, you should be able to earn more now. "

When he said this, there was envy in his eyes. He earned tens of millions of dollars in more than ten days. This male accountant felt that he would never make that much money in his entire life.

The story of Freshwater Fund’s heavy holding of crude oil futures had been spread in a small area a few days ago. The news spread on Wall Street was extremely fast. Most people heard the name of this company for the first time.

No one mentioned this matter in front of little Edward. Hearing that that damned Chinese actually made so much money at this time was tantamount to adding fuel to the fire, his face turned red, and he was a little flustered.

With such a high rate of return, he felt that it was impossible for him to win.

Most of Little Edward’s friends knew about the VAM. If they lost and fulfilled the agreement in the contract, it would be hard for them to raise their heads in front of others for the rest of their lives. It would be treated as a joke, and what was even more frightening was that they would lose face to the Johnson family. Once his mother got angry, the consequences would be unimaginable.

He had never considered that he would lose before, but now he was extremely anxious, standing by the window smoking a cigarette, and couldn't think of any way to win against Ye Dongqing except buying lottery tickets.

The male accountant waved everyone else in the office out.

As an employee, the boss will feel ashamed in front of others if his head is caught by the door. After closing the door, he told Little Edward:

"Boss, in fact, when I came back, Ms. Vigo, the operating officer of Freshwater Fund, asked me to tell you something. She hoped that you could end the gambling agreement early, so as not to hurt your mother's face.

Ms. Vigo is willing to help communicate with her boss to prevent you from doing such an embarrassing move, I mean after losing..."

"Shut up!"

Little Edward didn't want to hear what was said later, let alone actually do it, he felt ashamed just thinking about it.

From the beginning to the end, this guy didn't think about the more than five million dollars. He was so rich as Little Edward, so he didn't care about the small money at all.

After he became an adult, he took two million U.S. dollars in trust every month, which was deposited into the account regularly. As long as the Fidelity Investment Group did not go bankrupt, he could always get the kind of dead money, which was regarded as pocket money.

The Johnson family's assets are close to 17 billion US dollars, and they have truly stood at the top of the social food chain, which cannot be viewed with the eyes of ordinary people.

There was silence in the office for a while, and after more than ten seconds, little Edward let out a long breath and said, "Go and help me solve it, and ask that damned guy what he wants, I don't think he will let me go easily.

If I hear this from someone else, I swear I will get you out of Wall Street, no company will take you in, so keep your mouth shut, understand? "

The male accountant believed that little Edward could do such a thing, and nodded seriously: "I understand, but it seems that their boss is not in New York recently, and went to Xiangjiang to discuss business."

"You can figure it out, I just want the result."

The more little Edward thought about it, the more angry he became, and he cursed: "Wall Street elites are a bunch of idiots! They can earn so much, but I only earn so little!"

...

Ye Dongqing sneezed several times.

After breakfast, he was walking back to his room. When he entered the room, he met an aunt who helped clean the guest room. He slipped a few pieces of 500 Hong Kong dollars as a tip for cleaning.

Guests can accept tips, but this is a lot of money. The two elderly women quickly expressed their gratitude and left after a lot of trouble. There was not even a wrinkle on the bed.

Compared with well-known Internet giants such as Tencent and Taobao, a company named Huawei is more famous in the United States. The first two are only Internet companies and do not threaten the interests of American companies. However, the latter has many patents, which can make Qualcomm, Cisco and other companies feel threatened. It involves communication infrastructure and other core US technology fields.

Ye Dongqing wanted to invest in this company even if there was a slight possibility, so she found a phone number on the Internet and called the customer service.

The customer service replied that the authority was not enough, and transferred it to his supervisor, who also had insufficient authority to discuss financing, and then passed it on to a small manager, who successfully asked the phone number of the boss surnamed Ren from the small manager.

I contacted the other party's office and talked to Boss Ren about financing. I only told him that I am Chinese and now I am starting a company in the United States. I am optimistic about his company, and I will not interfere with the management and will not resell it within ten years. The investment is about 20 million US dollars.

I thought there was some hope, but unfortunately he was directly rejected. Boss Ren told him very politely that the company had just received a loan of 200 million yuan.

Ye Dongqing didn't give up, and thought of another way: "Then how about starting a joint venture company with you, I want to start a mobile phone manufacturing business recently, your company has technology and market, and I have money to invest.

I have checked many companies, and you are the most suitable one. Now that the telecommunications infrastructure is not easy to do, how about working together in mobile phones? It's still the same sentence, you manage, I don't intervene..."

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