Chapter 186: Get Rich

Previous Chapter

On September 22, 1985, the five countries signed the so-called "Plaza Accord" at the Plaza Hotel in New York.

On the surface, it seems to be calm, but in fact, the financial companies represented by Wall Street have all fried up for a while.

Prior to this, international travel funds had already fled from the United States frantically, and the dollar, which was originally regarded as a fragrant bun, suddenly became a hot potato.

As interest rates on dollar deposits and Treasuries fell, other major currencies continued to appreciate, and foreign exchange market turnover hit new highs in recent years, Washington, D.C. still naively believed that this would solve the US trade deficit.

Chen Linzhi always felt that behind the whole thing, there was a pair of invisible hands pushing for the signing of the agreement.

It could be Wall Street, or countless multinational corporations whose interests have been blocked, or some big man in Washington who wants his name to be on the cover of a magazine, so as to make his presence felt.

Even if he can't get in touch with that level of detail, Chen Linzhi, who holds a large number of foreign exchange futures contracts, still made a lot of money because of it.

The yen became more and more valuable, and in just over half a month from the end of September to the beginning of October, he received more than $20 million, and so far, the total income has reached about 700 percent.

In his own words, the market has really gone crazy.

Sometimes Chen Linzhi doesn't even understand how he managed to earn the money, and how the money came so easily.

Not only did he not understand, but Chen Linzhi's more than a dozen private equity employees, including interns, also did not understand how this young Asian boss could be so powerful.

In the past few months, whenever Chen Linzhi appeared in his private equity company, the employees looked at him with admiration and envy, but they didn't know that Chen Linzhi had already panicked in his heart, worried that he would not be able to close the position in time and give back some of the profits that had almost arrived.

Chen Linzhi felt that it was better not to read it after reading it, and was so flustered by various potential risks that he was flustered by various potential risks.

is obviously a fledgling newcomer, but Chen Linzhi has quietly become famous recently, and has been bragged about by Newman and others as talking points, and many celebrities in San Francisco's upper circle have begun to know him, a gambler who has made tens of millions of dollars, as if he is regarded as an upstart in the financial circle.

When he went to two parties in early October, Chen Linzhi unexpectedly found that he was sought after by everyone, and someone humbly asked him about investment issues, and asked him if he was willing to accept funds and help take care of assets.

It stands to reason that private equity companies should indeed seek external funds, but Chen Linzhi has no confidence in what the market trend will be next.

Even he himself had the idea of retreating, thinking about getting a vote and quickly withdrawing away, thinking that he had made enough, so he dared to take the opportunity to absorb private investment, fearing that he would smash the signboard if he was not good for his career, resulting in his notoriety in San Francisco and no place to stay.

In just over a month, from 10 million US dollars to half a billion, the power of foreign exchange futures leverage is so terrifying, it is equivalent to borrowing hundreds of millions of dollars to make money, and the daily commissions and handling fees are also amazingly high.

He has profit support, some investors who have just entered the market are not so lucky, occasionally a large fluctuation, breaking through the stop loss line but not having time to close the position is a common thing, the principal is instantly emptied, and some people owe brokerages and banks a lot of money.

The overall trend of the yen is higher, but the intraday fluctuations often exceed one percent, and brokerages have begun to restrict retail investors from using more than 100 times leverage, increasing the margin requirements.

On October 8th, the dollar suddenly came back to the gun.

The yen exchange rate fell sharply by 0.9 percent, and the market was full of chicken feathers, as if leeks had been cut in a premeditated manner.

Chen Linzhi doesn't care.

His profit is more, no more than five percent fluctuations, for him will not lead to liquidation, seeing the yen falling, decisively chose to increase the position, the next day even the interest with a one-time return.

......

"Are you sure? If I invested you a million dollars last month, it would be five or six million dollars now?!"

The person who asked this sentence was James Newman, who seemed to be stuck in the neck, and his voice sounded a little hoarse due to being too emotional.

Chen Linzhi was a guest on Newman's yacht.

A twenty-meter yacht with a spacious interior.

The boat slowly passed under the Golden Gate Bridge, and several sexy models in swimsuits, talking quietly and laughing, were already getting drunk.

Chen Linzhi glanced over a blonde chick and told Newman:

"I still have to pay taxes, and there will be almost 600% profit before tax, I mentioned my company to you before, but you didn't give an answer yourself.

Later, I felt that the risk was too high, I didn't contact you again, recently someone has made a lot of money, but there are more people who have lost money, they mainly do intraday trading, day trading, pure luck betting. And I bet on long-term fluctuations, and I charge hundreds of thousands of dollars a day for overnight interest, and I should really invest in brokerage stocks recently, as long as they don't end up in person, they can make a lot of money. ”

Newman nearly went mad, and the thought of rubbing shoulders with millions of dollars made him want to jump into the cold waters to quench the fire.

He said bitterly: "We are good friends, shouldn't you force me to invest in your company? As long as you mention it at that time, I will definitely come up with a sum of money to support your business!"

After that, Chen Linzhi had already talked to him about investment, and Newman was not so excited at that time.

Chen Linzhi's tone was helpless: "Looking at it now, I should indeed call you along, but who knew at the time that I was really right, even in such a rare environment recently, only one of the five people can make money, no matter what you say, it's too late, I can invite you to drink a few more times." ”

Newman was very depressed, and he also understood that he had no vision and missed this opportunity to make a fortune.

Like Yu Luoqi, if he is allowed to invest now, Newman may not dare to gamble with Chen Linzhi, after all, it has risen too much, and it seems that it is about to peak.

Wearing a pair of swimming trunks, Chen Linzhi entered the circular jacuzzi on the deck, and beckoned two girls, one left and one right, to his side, unwilling to let go of the opportunity to hug his thighs.

They all heard what he was talking to Newman.

The boss of a financial company worth tens of millions of dollars is difficult to meet even in San Francisco, who cares if Chen Linzhi is Asian or not.

Newman sat in his chair, rolled his eyes and said: "It's not enough to invite me to drink a few times, when you have time to accompany me to New York to watch the game, of course you are treated, I am seriously injured psychologically, and I must be the ticket for the Yankees game in the best position." ”

"It's very simple, how about the end of the month, I do plan to find time to go to Wall Street and find a way to get a broker to give me a discounted price, or give me some gifts, such as the tickets you want. ”

As soon as Chen Linzhi became rich, free golf club memberships, movie premiere invitations, party invitations all came, and some people called him to ask him if he could buy yachts, Philadelphia mansions, etc., and more financial sales advertisements......