Chapter 670: The Treasure Sword Is Unrecognizable (Second Update)

"Mr. Julian, I didn't seem to see you go up just now, could I have the pleasure of listening to your views on the financial situation in the UK and internationally?"

Because he was calculating, Xia Yu took the initiative to provoke the topic.

Julian Robertson was a little surprised, and then said with a slightly wry smile: "Mr. Xia, you think too highly of me, where am I qualified to go up and express my humble opinions, I am just an ordinary employee of a medium-sized investment bank in the United States, and it is easy to get embarrassed." ”

"If you're willing to waste your precious time on me, I'd certainly be happy to give you a little of my ordinary opinion. ”

Xia Yu smiled and made a gesture of deferentiality: "Mr. Julian, you are too modest, please!"

In this world, no matter who wants to have a loyal audience, so seeing that Xia Yu is not polite, but solemnly ready to listen, Julian Robertson is in a very happy mood, cheering up twelve points, and intends to do his best to show himself.

Although he doesn't know what Xia Yu's identity is, he himself is indeed an employee of a medium-sized investment bank, the difference is that he has only been in Kidder Peabody Securities Company for 19 years in the United States, and he is a highly qualified supporting talent, and he is one of the most outstanding stockbrokers in Kidder Peabody Securities Company, not an ordinary employee.

It was also a coincidence that I came to attend the financial industry gathering in London this time, and the specific reasons are not worth mentioning.

Xia Yu quietly listened to Julian Robertson's point of view, and nodded from time to time.

Looking at Julian Robertson so young, Xia Yu had a weird feeling.

There is this feeling because, like George Soros, Xia Yu also has part of Julian Robertson's memory, but it is a later version.

In this venue, even Julian Robertson himself, there is no way to know how high his achievements will be and how legendary his experience will be in the future.

Xia Yu knows that although Julian Robertson is still working at Kidder Peabody Securities, the 19 years of precipitation have allowed him to graduate from the University of North Carolina Business School with enough knowledge and ability, and he already has his own flying alone.

On Wall Street, there are many people like him, who have their own set of investment ideas, want to freely exercise their ambitions, and create amazing wealth, so they choose to start their own business.

It's just that the difference is that some people just graduated from college and rush into it naively, and some people choose to fight in this magnificent era when they are about to retire in old age.

And Julian Robertson has stayed up for nineteen years, feeling that the company's constraints and influence on him are becoming more and more obvious, a lot of work is not what he wants, wasting too much of his time and energy, and it is not helpful for his growth, and the idea of quitting his job and starting a business has risen in his heart.

According to the original trajectory, Julian Robertson would start his own investment company, Tiger Global Fund (Tiger Fund) in May 1980, focusing on global investments.

Because the company he originally worked for, Kidder Peabody Securities, was only a medium-sized investment bank, and a financial company of this level grabbed a lot of money on Wall Street, so few people knew about his abilities and trusted him.

Tiger Global Fund is not an ordinary investment bank, but focuses on hedge funds, also known as hedging funds or hedging funds, which means "risk-hedged funds".

Hedge funds use a variety of trading methods to hedge, transposition, hedge, hedge to earn huge profits. These concepts have gone beyond the traditional operations of risk prevention and return protection. This, combined with the fact that the legal threshold for launching and setting up a hedge fund is much lower than that of a mutual fund, makes it even more risky.

In order to protect investors, the U.S. securities regulatory agency has included it in the ranks of high-risk investment varieties and strictly restricted the participation of ordinary investors. It is stipulated that each hedge fund should have fewer than 100 investors, a minimum investment of $1 million, etc.

Tiger Fund has a high investment threshold and high risk, and Julian Robertson does not have a good enough reputation and a sufficient track record.

As a result, the newly founded Tiger Fund has a starting capital of only $8 million.

This amount of money is very little on Wall Street, where predators gather, and it is not easy to make a career, and if you are not careful, you will be eaten by predators.

But he himself is not famous, except for the $1 million he saved, the other $7 million investment was pulled from his old customers, and outsiders did not know his ability and would not trust him.

So with the initial capital of eight million dollars, Julian Robertson began to bury his head in development.

After nearly a decade of hibernation, the initial capital of $8 million swelled to $1 billion.

Next, with a large amount of money in hand, the use of leverage can amplify the funds to tens of billions of dollars or even tens of billions of dollars, in this case, the Tiger Fund has a lot of power.

Julian Robertson began his legendary journey by accurately predicting that the German stock market would enter a bull market after the fall of the Berlin Wall.

At the same time, the stock market, which had reached the peak of the bubble, was short-selling, and the blood of the small island nation was sucked hard.

He then foresaw the catastrophe of the global bond market in 1992, and in 1993 he teamed up with the Quantum Fund to attack the pound and the lira, creating huge gains and making a name for himself internationally.

By 1996, the size of the Tiger Fund had reached $71, and by the summer of 1998, its total assets had reached a peak of $23 billion, making it the largest hedge fund in the United States.

The past achievements have made Tiger Fund's every move have attracted the attention of countless peers, and every time Tiger Fund makes a move, there are countless international funds that follow the trend, and Tiger Fund can also use financial leverage, which enables Tiger Fund to influence hundreds of billions of dollars in liquid capital.

The deterrent power of the Tiger Fund can be called the level of a financial peace messenger!

The initial investors also received 2,600 times the report, and after all expenses were removed, the investors received an annual return of 31.7%.

It's a pity that in the second half of 1998, the elderly Julian Robertson, like Warren Buffett, stayed away from technology stocks and Internet stocks, which led to some types of investment mistakes and began to decline, causing dissatisfaction among investors, a large-scale outflow of funds, and the entire hedge fund industry at that time also shrank significantly, and various reasons finally forced Julian Robertson to end the business of many of his major funds.

But even so, in later life, he was still a financial tycoon worth billions of dollars.

It can be said that Julian Robertson is now completely a tiger cub about to be released.

In Xia Yu's view, the ten years of dormancy in his previous life due to financial reasons were a complete waste of his ability and talent.

Even so, he was able to become the elite of the times on the same level as George Soros, and the two were definitely the biggest names on Wall Street.

And George Soros has already invested in the Rothschild family, and the quantum fund has grown to a certain size, and it is completely impossible for him to be under his command.

However, Julian Robertson has not made a career, and he can take him as a wing, let him open up territory for himself.

Like Xia Yu's current Wang Qi, Liu Tianci, George Berkeley, Jason Greg and others, they were either buried or died in their previous lives, and even if they grew up, they were not as good as the top elites like Julian Robertson.

I believe that if there is his financial support, Julian Robertson will definitely take off, and Xia Yu will be planted a solid and powerful pillar in the United States at that time.

Such a sharp knife is not easy to find, and the Rothschild family has only collected three or five people, including George Soros, for decades, and now Xia Yu has met one, of course he doesn't want to miss it.

His Jiuding consortium desperately needs such a top elite!

Xia Yu has the memory of Julian Robertson and knows a lot about it.

Bringing Julian Robertson under his command has a great success rate, and it depends on how Xia Yu operates.

The first thing to do is to impress him with his ability and knowledge in what he is best at.

And in this world, there are very few people who can defeat themselves, let alone defeat themselves completely?

It is interesting to think about the investment philosophy that Julian Robertson summarized and formed in his later years to target him in middle age.

Thinking of this, Xia Yu listened quietly, and after finding an entry point, he immediately took action to take over the conversation.

"Mr. Julian, international crude oil prices have skyrocketed, and now that inflation in the United States is serious, the Federal Reserve will pass on the pressure to accelerate the interest rate cut cycle, and the depreciation of the dollar will continue for a long time......"

()