Chapter 918: Huge Floating Profit on the Eve of the Harvest of Oil Futures (First Vote)
Returning to New York again, Xia Yu first paid attention to the situation of the merged Philip Solomon Company.
There are still some areas of the company that have not been fully integrated, but in terms of progress, Xia Yu has nothing to say, and John Guuffland, the "King of Wall Street" of later generations, is very capable.
And even in the midst of consolidation, Philip Salomon is still doing well.
Philip Salomon is still very strong in the futures field, although the business of high-grade copper futures and aluminum futures has been temporarily cut, but now in the field of oil futures, Philip Salomon is still very fierce investment.
But think about it, it's good that Philip Brothers was also a futures leader before, that is, it was taken down after being calculated by Xia Yu, and now it has merged with Salomon Brothers, which is still a giant for other peers.
After that, Xia Yu also learned about the investment and operation of the New York branch of Jiuding Securities, and Toby Moulton ran the company well.
And although Polaris Capital did not take Disney, Toby Morton bought 13.6 percent of Wall Street's shares.
Xia Yu plans to transfer the shares of these Disney companies to the British Bright Fund to prepare for future actions.
After that, Xia Yu took the pre-investment target survey data collected by Toby Moulton, and after browsing it, he circled a number of key long-term investment goals.
The most typical is Kodak, the camera giant.
Xia Yu knows very well that 1981 is known as the era of photos, Kodak launched epoch-making products, and in the eighties, many Chinese people left Kodak's shadow in their best youth.
In this year, Kodak's sales exceeded $10 billion, and its market value quickly exceeded $10 billion in this year, becoming the tenth largest company in the United States by market capitalization.
Therefore, at this time, the financial leverage to invest in Kodak is absolutely high.
After the news of Xia Yu's arrival in New York was known by Warren Buffett, the latter specially invited him to lunch at the most famous steakhouse in New York.
While enjoying Warren Buffett's compliments, Xia Yu had a good chat with him about the way of investment, which made Warren Buffett gain a lot.
If Warren Buffett would listen to Xia Yu's instructions, the value of this lunch would be more than a few million dollars, and it is not impossible to generate tens of millions or even hundreds of millions of dollars.
When leaving, an idea popped up in Xia Yu's mind, maybe in the future, when his Sotheby's auction house held the annual auction, he could add a lot, which was called "Lunch with Xia Yu", and then use the auction funds for charity, which would definitely become a good conversation.
Of course, Xia Yu dispelled this idea after obscenity, compared to being famous all over the world, he prefers to hide himself behind the scenes, which is the way of life that the capitalists who really dominate the distribution of world resources should have.
Maybe it's a cup of tea or a meal that decides or contributes to something that has a profound impact on the world.
Exposed to the spotlight and jumping around under the eyes of countless people, that is called the rich, at best, the super-rich.
Finally, Xia Yu quietly came to the residence of the Galaxy Fund, inspected the company, and convened a meeting of Xue He, Song Yang and others to make arrangements for the investment in oil futures.
In the conference room, Xia Yu flipped through the reports provided by various investment groups to understand the real situation of the Galaxy Fund today.
During the four months from September to December 1980, Xue He and others were not idle, and although the price of oil futures had been rising, they still unswervingly invested their funds in it.
That is, after officially entering 1981, they completely stopped the entry of funds, although the price of oil futures rose more and more, they all faithfully implemented Xia Yu's instructions and resolutely did not enter the market.
In the four months from September to December, the Galaxy Fund invested another $1.378 billion into the oil futures market, this time again without using leverage.
Mainly considering that David Rockefeller already knew that he was speculating in oil futures, so Xia Yu could only do this for the sake of insurance, anyway, he didn't have much else, just a lot of liquidity.
In the past four months, the average purchase price of the $1.378 billion invested was $30.1 per barrel, and a total of 45,800 lots were purchased.
Today, the Galaxy Fund has invested a total of $7,138 million.
In addition to the oil futures contracts previously held, the Galaxy Fund holds 313,600 futures contracts, and is properly hidden behind the scenes of oil futures speculators.
Based on today's latest opening price of $33.7 per barrel, the total value of these oil futures contracts is currently $10.57 billion.
Subtracted, the floating profit is as high as $3.43 billion!
More than $2.256 billion more than the $1.256 billion at the end of August, and it's earned!
Of course, even if you make more money this time, it will definitely not exceed the previous gold futures speculation.
No way, who made today's oil futures market just started, the market capacity is far less than the gold futures market, and the funds he invested are not as much as the previous investment in gold futures, and it is very good to have so much floating profit.
Putting down the report, Xia Yu tapped his fingers on the table, focusing everyone's attention on himself.
Xia Yu said slowly: "Now that the number of contracts in our hands is very large, have you made a perfect exit plan?"
"Boss, my group has been designed, and after repeated deductions, there should be no loopholes. ”
"Boss, my group has also made a good plan......
......
A group of executives replied.
Because they have already experienced a bigger scene than they have now when speculating in gold futures, they have all gained experience.
Since it is no problem to express his position now, then Xia Yu is also relieved.
"Boss, now the price is about to reach $34 per barrel, and the price fluctuations are already a little obvious, should we withdraw?"
After hesitating for a moment, Xue He said with some concern.
Others were also staring at Xia Yu, and they also had this concern.
Xia Yu smiled and said slowly: "Don't worry, there is still a lot of room for growth." ”
"Don't look at today's volatility, tomorrow you watch TV, keep an eye on the news from the White House, and guarantee that the price of oil futures will skyrocket!"
Xue He and the others' eyes lit up, and they heard what the boss Xia Yu meant.
"Boss, tomorrow is when the President of the United States takes office, will the U.S. government intervene in oil futures policy?"
Song Yang hurriedly asked.
They all know that the boss was busy with the US election last year, although they don't know the details, but they know that it will definitely not be a small fight to make the boss spend so much effort to do this.
So in their opinion, with the energy of the boss, it is absolutely possible to learn about the decree that the US government has not yet announced!
It's a pity that even if they were curious, Xia Yu didn't tell them, but just said again: "You'll know tomorrow." ”
When everyone was lost, Xia Yu said again: "But now I will draw a line for you, as long as the price of oil futures exceeds $37 per barrel, you will begin to exit the market in an orderly manner." ”
"According to my estimates, the peak should be above $39 per barrel. “
"Leave two dollars of room and you can complete the retreat, right?"
"It can be done!"
"No problem boss!"
......
Xia Yu bowed slightly, but he was not worried in his heart.
According to the original historical trajectory, the oil futures caused by the oil crisis this time soared, but it exceeded $39 per barrel, but it did not break through the $40 per barrel line.
And this time, he also invested more than $7 billion in the market, which directly raised the threshold.
And if he eats such a big piece of the cake, the cake that goes to the heads of those financial giants on Wall Street will naturally be even smaller.
With their greedy faces, they should not retreat if they don't eat enough benefits, so it is very likely that they will continue to raise the price aggressively.
Under the influence of his butterfly wings, the price of oil futures this time is likely to break through the $40 per barrel mark, fulfilling the unfulfilled wishes of those speculators in the previous life.
Therefore, he arranged a price of $37 per barrel and fled, which is simply not too safe!
Finally, the meeting ended with Xia Yu's encouraging words.
Xia Yu returned to his manor in the suburbs of New York, ready to rest and recharge for what would happen tomorrow.
That evening, Ronald Reagan held a special "candlelight celebration" to thank donors and entrepreneurs for tomorrow's inauguration, and of course, to invite those who supported his election.
But this celebration saved Ronald Reagan from not sending an invitation to Xia Yu, and even if he did, he would not go, which is not in line with his status at all, because tonight's party is only for ordinary supporters.
His stage is tomorrow night!
PS: Ask for votes for votes