The same is true of success and defeat in ancient and modern times, and the current situation is more strange, William White has serious personnel loss here, and it seems that in a short period of time, there will be no more big moves.

What about Julian Robertson?

The old guy has spotted the dot-com bubble, and although he is cautious, he can't stand the rising stock price. In fact, it is most appropriate to describe it as a heavy loss.

"Charlie, what's going on with the gold lately? I remember, wasn't William White buying gold?"

"I don't know, perhaps, this wonder boy is the same as Julian Robertson. Charlie Munger shrugged, he didn't believe anyone could win all the time. I also don't think William White's think tank is amazing.

On the contrary, the risk control department of the White Fund may be the core of the entire group.

"Charlie, do you know who first sold gold? The price of less than 400 US dollars doesn't seem to be an overestimate, right?"

Buffett's attitude towards gold has always been disdainful. This is clearly reflected in Hathaway's account.

However, if you think that he never cared about the price of gold, you are very wrong. Although many people do not admit it, there is no doubt that the price of gold can reflect the level of inflation.

In the case of severe inflation, everything is wrong. So, what does the old fox who has been crawling on Wall Street for so many years not understand.

"Well, I know this, John Bull and Gallic roosters are selling, with John Bull being the most.

John Brown insisted that the euro's replacement of gold was a high probability event. ”

"Che, and this kind of good thing? To be honest Charlie, I don't care much about politics, but what's going on with this John Bull?"

"I don't know, I guess, maybe it's a promise or an agreement. You think, they retain the right to issue the pound and at the same time remain in the eurozone, if there are no concessions before......"

Charlie Munger doesn't need to say it anymore, and Buffett knows what's going on. However, he is always in a hurry and a little strange, Nima, don't you really know, the euro is also a credit currency?

As long as it is a credit currency, its issuance is uncontrollable. When you're fine, of course you'll follow the rules.

Is it possible to uphold principles when there is a major setback in the euro economy?

This is simply unrealistic, look at the current Mi Fed, since the collapse of the Bretton system, they have broken almost every rule that can be broken.

Looking at the falling price of gold on the computer monitor, William White was a little sore.

As a result, all the physical gold purchased some time ago is locked at a high level.

The corners of William White's mouth twitched twice, and those who are familiar with it should know that this guy must not be in a good mood.

Even so, he doesn't have a temper right now.

John Bull wouldn't have much gold, at best a few hundred tons. He didn't believe that John Brown had the guts to empty the vault. If this guy really wants to do this, London still has an economic position of wool.

It's not hard to eat this gold, and Jason Gao has made a lot of gains. Those little ones still eat him, love to borrow or not, don't borrow and get out, don't come in the future.

Don't say it, Xiao said that the real Nima is interesting, and Yinggen's nervousness is internal. Foreign investment and lending have no intention of slowing down at all.

Since there is a problem with the small money and money, I will just eat this batch of gold. I really don't believe it, as soon as he makes a move here, John Bull really dares to twist it with him.

Anyway, the rafters that come out of the house rot first. Now that a tacit agreement has been reached, there is no need to break it. The first person to break the agreement usually doesn't end well.

It's just that now you need to hedge a little bit of your losses. Is this a slap in the face?

Also, bastard, buddy is not a talent market here, you can't do it in another place!

The answer is obviously no, and no one would think that he William White has the ability to do this. You're not Harvard, you're not Stanford, you're a USC graduate, you really can.

It must be, this guy has been recruiting elites, and now it seems that that huge think tank is the key.

Bastard, a team of hundreds of people, you actually say this is a think tank. In ordinary investment banks, I am afraid that there will not be such people.

To say that he has no talent here is pure. If you don't have any skills, why should you ask for a high income?

For US imperialism, rationality is the norm of life. You don't have to talk about corporate culture here, nothing. As long as the hoe swings well, no wall root cannot be dug down.

"Admitting defeat and leaving, this doesn't seem to fit his character. Andy, what the hell is going on?"

"Ahem, boss, even if he has any ideas, I'm afraid it will be difficult to implement them. There were personnel changes at Wright, this time, from high to low, involving almost all departments.

What, boss, we have a few analysts here. ”

"Hahaha, this guy, by the way, tell HR, don't be too targeted. ”

"Yes, I see, but William White shouldn't react.

The so-called public anger is hard to offend, and besides, this is just a normal business activity. ”

"Well, let's keep an eye on it. ”

For Andy's schadenfreude, the old guy was a little unimpressed. The rise and fall of a company has a lot to do with its employees, but without a correct direction, it may not be able to go far.

The ups and downs of the securities market are normal. Unless there is an extreme event like the one at the Bank of Bahrain, there is usually little personal factor.

Seeing that William White did not produce a moth, Greenspan was also relieved. Of course, he knows his own affairs, and if he William White keeps the agreement, you Greenspan must also abide by it.

Even though oral agreements do not have legal effect, some people do things and do not care about any law. If you dare to be unreasonable, he will be able to double the cost. Hehe, in this day, there are no good men and women for a long time.

"Alan, has it worked?"

"Yes, as long as John Bull does what he wants. After all the unexpected interference, I think that a deficit vault should not be too ugly. ”

Against Paul Volcker, Greenspan had nothing to hide. He is the boss, and when it comes to his qualifications at the Mi Fed, he is far from it.

It should be said that Paul Volcker created the modern economic order of the United States. All of this now, without this old guy, would have been difficult to achieve at all.

Both guys obviously understand that when the time comes to untenable, whoever has more resources in their hands will have more money to say.

Well, William White is nothing more than a vignette. As long as there are no moths in this house, a little benefit is nothing.

Hehe, I hope the central banks can follow suit, as long as you sell gold, regardless of whether you buy the euro or the US knife, the empty bottom treasury after the Vietnam War can finally be filled.

The two old guys even have some expectations, and White Bank seems to have a lot of gold, if this guy can't help it, will he also sell some spot.

Well, there's been a bit of a spooky William White lately. Nima, due to the agitation of force majeure, now it seems that the White Department has fallen into confusion and stagnation. They have reason to believe that unless the team is restructured, it is unlikely that there will be much reaction from relying on the existing staff.