Chapter 883: Financial Giant - Soros
"July, you just said to touch your ass? Whose ass are you going to touch? Is it the flower of the junior class next door, I saw you eye-to-eye with others yesterday?"
Like a thunderbolt from the sky, Wang Shiqi's palm was heavily covered on Chen Shaoxuan's shoulder, and there was a hint of cruelty and hideousness in her bright smile.
"No, I didn't say whose ass I wanted to touch!Qiqi, you misunderstood, mine is a German ass, a British ass, and I have a frown with the female classmate in the next class, I just said a word to her yesterday......" Chen Shaoxuan was instantly startled, and quickly explained.
"Really?" Wang Shiqi glanced at Chen Shaoxuan suspiciously.
She heard Chen Shaoxuan talking about this ass, that ass.
Chen Shaoxuan looked at Fang Chen and Su Yan with a pleading expression for help, and his eyes flashed with a pitiful light.
Seeing that these two living treasures were making trouble again, Fang Chen chuckled, and didn't pay attention to Chen Shaoxuan, but said directly: "Not to mention how many times stronger and more stable Germany's economic foundation is than Italy, and it will not reduce the interest rate of so many deposits in its own bank to save other countries, and do this kind of thing that harms itself and others, it is too late to just establish a short position and store ammunition." ”
Their previous lira shorts, including the current three-fold leveraged, six-billion-dollar pound shorts, were all built up by Chen Shaoxuan in the past few months, bit by bit.
But if they turn their guns and hit the Deutschmark, even if they have a tacit understanding with Soros and other financial predators, they will have to expand the ammunition in their hands by about two times, or even more.
That's 12 billion dollars, and it's so easy to say that you can get it.
Even the world's fifth- and sixth-largest economic powers, such as Italy and the Great Empire, have foreign exchange reserves of $70 or 80 billion.
And the biggest premise is that Germany is really dizzy and would rather sacrifice itself to save others.
How is this possible?
However, if Germany really does this, probably the EU will be really stable, and it is very likely that it will be united, work together with the outside world, achieve the desired goals, and even set up a European army to drive the United States out of Europe.
A thought flashed through his mind, and Fang Chen sighed faintly, this was delusion after all.
Seeing that Fang Chen was indeed talking about business, Wang Shiqi withdrew his palm from Chen Shaoxuan's shoulder.
Feeling the dissipation of the shadow of death, Chen Shaoxuan hurriedly clasped his hands into fists and bowed to Fang Chen, thanking him for saving his life.
"Okay, you tell Zhu Changhong, Soros's operation should be in the past two days, you let him keep an eye on it, but don't be a bird. Fang Chen instructed.
Chen Shaoxuan's head was like pounding garlic, and he nodded again and again.
Fang Chen looked towards the west, and he saw that the butcher's knife had already been set on the neck of the Great Empire, and it was about to go down with a knife, and the blood flowed like a river!
This European currency sniper war not only knocked Italy's economy back for ten years, but also the United Kingdom, not to mention the serious economic injury, the key is political.
It is precisely because of this European currency sniper war that the European Union, a behemoth that has not yet been established, has planted a deep bomb, laying a solid foundation for the future Brexit and the division of Northern Ireland.
However, he rejoiced and looked forward to the arrival of these two days.
September 15, 8 p.m. London time, 1 p.m. New York time.
Wall Street, New York, USA.
In the office buildings around the foreign exchange market, on the inconspicuous floor, behind the front desk lady's workstation at the elevator door, there are four big words "quantum fund".
The New York foreign exchange market is one of the important international foreign exchange markets, and its daily trading volume is second only to London.
And because there is no foreign exchange control in the United States, there are no restrictions on operating foreign exchange business, and the government does not designate a special foreign exchange bank, so almost all American banks and financial institutions can operate foreign exchange business.
Therefore, in the New York foreign exchange market, there are branches, correspondent banks and representative offices in New York, including more than 50 US banks and more than 200 foreign banks.
The Quantum Fund is just one of many hedge funds in New York, with no more than $1 billion under management.
Soros, the famous king of short-sellers, is just a financial tycoon, born in Hungary, in a period of danger and pain, relying on his father's shrewdness and strength, with fake ID cards and the asylum provided by well-wishers, their family finally escaped the catastrophe of refugee Jews.
However, the good news is that after more than 20 years of hard work, the return rate of the quantum fund has been good, maintaining more than 30% all year round.
In other words, if the $10,000 injected into the Quantum Fund in 1969, before the establishment of the Quantum Fund, it would have increased to $800,000 by the end of 1996, that is, an increase of 80 times.
Last year alone, Soros's own personal gains amounted to $120 million.
But Soros is confident that when the London foreign exchange market closes tomorrow night, the 80-fold appreciation rate will become between 120 and 130 times, and his personal income this year will be as high as more than $600 million, exceeding the 1987 world record for the highest personal return of a hedge fund!
At this time, there was silence in Soros's office, and the wolves under Soros's command all pretended to be calm and stared at the conference table in front of them, but the tense brows and the surging heartbeat obviously showed that they were about to start an unprecedented Armageddon!
They will challenge the British Empire, the oldest financial overlord on the planet!
If they can defeat the Bank of England this time, their quantum fund can not only reap hundreds of millions of terrifying returns, but also become the most outstanding, highest-yielding, and largest hedge fund in the world.
There will be countless rich people, waving large checks in their hands, begging them to accept them, and the funds that their quantum fund can control will be doubled, fivefold, or even more!
Of course, if they fail, they probably don't need to jump off the roof, but they will definitely be on the historical pillar of shame for hedge funds!
They estimated that if the Bank of England held on and did not let the pound fall, or even rise, their Quantum Fund would have lost half of it.
Because they are going to use five times the leverage this time, magnifying $2 billion to $10 billion, according to the liquidation line agreed with the major commercial banks, once the pound exchange rate rises by 19%, and they are unable to add margin, the major commercial banks will force the liquidation!
That means that their $2 billion is completely lost.
And you must know that the self-owned funds that their quantum fund can control are actually only one billion dollars, which means that the other billion dollars of the two billion dollars are the money they borrowed through various channels.
Well, that's right, it's not about amplifying leverage, it's about borrowing money.
Although the effect of billion-dollar 10x leverage is the same as that of $2.2 billion, the risk tolerance is very different.
If the liquidation line of five times leverage is 19%, then the closing line of ten times leverage is probably only 9%, which means that once the pound exchange rate rises by more than 9%, then their billion dollars will disappear completely.
Judging by their years of speculative experience, the probability of foreign exchange fluctuations reaching 10% is several times, or even ten times, the probability of reaching 20%.
So from this point of view, choosing to borrow an extra billion dollars is safer and more risky than magnifying to 10 times leverage.
There is no way, whoever let them face the British Empire, even if they are careful, is not too much.
"Friends, you don't seem to be very happy, we haven't already earned a billion dollars back from the Italians, even if it is a bad result, it is nothing more than giving away the billion dollars that the Italians have given us. ”
Suddenly, at this time, Soros was wearing a sportswear, wiping his wet hair with a towel in one hand, and said with a smile.
It's a habit of his, and he likes to play tennis and doubles before every big thing.
Then he gets into a state of mind while playing tennis.
Well, that's right, he will wander.
Often the worse he plays, the more he thinks about it.
However, he will apologize to his teammates, including his opponents, after the match, for causing them a bad experience.
Seeing that Soros turned out to be dressed like this, as well as these kind words, especially the three words 'friends', the fund managers of the Quantum Fund looked at Soros in surprise, and their heads were full of question marks.
They have been following Soros for seventeen or eighteen years, and five or six years for the shortest, and they have never seen Soros like this.
In their impression, Soros is unsmiling and extremely indifferent to people, almost to the point of being ruthless, as if anyone is unimportant in his eyes.
Especially one thing, they still remember it vividly, Soros's neighbor is also a rich man, but he is a loser, he lost all his money and was about to commit suicide, but the night before he committed suicide, he had a chat with Soros.
The next day, the neighbor died, and Soros was asked if he knew that the neighbor was going to commit suicide?
Soros replied, yes.
The man was surprised and asked, "Didn't you help him?"
Soros said indifferently: "He has to bear his own business, and he has to let him decide by himself." ”
And Soros did the same with his own youngest son.
He rarely has time to spend with his youngest son, so every time he has the opportunity, they play chess together, but when he plays, Soros always plays chess very seriously.
As a scholar of Nolbe in 1977, Mead, and one of the most influential philosophers in the contemporary West, the founder of critical rationalism, the most important school of Western philosophy of science, and a disciple of Karl Pope, Soros is naturally good at chess.
Therefore, every time he killed his youngest son, he lost his armor and collapsed.
Many times, his youngest son cried and said, "I think I'm very bad, Daddy, can you let me win once?"
Soros said, "No, you have to learn to lose!"
For their subordinates, Soros is even more so, except for meetings and assignments, Soros has almost no personal relationship with them, never brings them gifts, and does not accept gifts from them, everything is almost a hard state of business, and sometimes he doesn't even talk to them.
To others, Soros is a financial wizard, and it is easier to earn money than to spend it, but in the eyes of those who are relatively familiar with Soros, Soros is a philosopher.
Soros likes to read books that may not be well known to the outside world.
He almost never reads books on finance, investment, stock markets, foreign exchange trading, etc., on the economy, because he feels that the people who write these books are inferior to him.
His desk is full of literary works, especially surrealist literary works, as well as poetry, and the bedside has been on the side for many years with books by Marx, Engels, including Laozi, Zhuangzi, Wang Yangming and other philosophers in China.
Even Soros is very dismissive of some simple financiers, including the rich, bankers, investment bank chairmen, and so on.
He has a long sentence on his lips, "Anyone who studies finance, if he can read philosophy and literature, will definitely be more productive than a scholar who purely studies finance." ”
Therefore, it is really hard for them to imagine that one day Soros will dress up like this and call them friends with a pleasant face.
They really have a sense of trance, feeling that it is an illusion, full of unreality.
You must know that Soros has always called them by their names in the company before.
The next moment, they suddenly realized something.
As a top student who graduated from Harvard, Cambridge, Yale and other top universities in the world, mathematics or finance, their IQ is far beyond that of ordinary people, and their reason, or their dark feelings, tell them that Mr. Soros is also nervous.
Otherwise, it would never have been.
But they understand this, and if they are the decision-makers at this moment, they may need to dance a striptease in public to release the pressure in their hearts.
If it happens this time, it's heaven.
If you lose, it's hell.
Everyone will laugh at the inadequacy of their quantum fund.
Wall Street has never lacked jokes from losers, especially when it comes to seeing some of them doing well, especially when the bigwigs fall from the clouds.
Although the quantum fund is not a big man on Wall Street, after the battle in the Italian lira a few days ago, the quantum fund can be said to have shocked the entire Wall Street and become the well-deserved protagonist of Wall Street in the past few days.
All kinds of large checks are flying like snowflakes.
If it weren't for Mr. Soros, they would not be allowed to absorb capital at this time, everything would have to be put after the pound, and now the size of the Quantum Fund would have to be at least tripled.