Chapter 345: Documentary

The hedge fund industry is undoubtedly chaotic.

Some people have soared from poor boys to enviable billionaires, and some billionaires have completely become ordinary people because of a mistake.

Wall Street is a vanity fair chasing money, speaking of which Ye Dongqing also started to make a fortune from there, but he is now doing a legitimate business, and before the tax period expires in March and April every year, there are a lot of taxes and fees to be paid, and many hedge fund bosses often die on "money".

The main reason is insider trading.

After all, there is only one Ye Dongqing, unless there is a stock market crash, otherwise how can it be so easy to press the treasure, insider trading has become a kind of unspoken rule in this industry, from time to time you can hear that a company has been punished by the Securities and Exchange Commission because of this, and the boss has also been taken away by the NYPD or the FBI, and it will take a few years or more than ten years before it can come out.

There are not many people like Mr. Bernard Madoff Sr. who are hot-headed and dare to play scams, and hedge fund bosses prefer to use the rules to make money, even if they don't get a commission on profits after losing money, isn't there a quarterly management fee.

Since the bursting of the Internet bubble and the pit of a large number of investors, hedge funds have become popular all of a sudden, and some hedge funds have managed tens of billions of dollars in assets.

Originally, there had not been much change in those industries, and there was not much success in a few years, but it happened that Mr. McCord made a suggestion, which made Ye Dongqing feel quite challenging.

The Bernard Madoff fraud scandal has long passed, and the old man has reached a settlement with the prosecutor, because no one has lost, the fine has been waived, and instead he has been sentenced to a full four years, and if he is lucky, he can be released from prison early in two or three years, and is currently in the most luxurious prison in the United States, enjoying the California sunshine.

Originally, Ye Dongqing was going to give his son Mark Madoff a chance, but unfortunately this guy was not angry, when Lao Tzu had already taken all the blame on himself, he was in a slump, it is said that he became an alcoholic, he couldn't even pay for wine, and he made jokes in the newspaper.

This is not Ye Dongqing's business, he has already made up for a large amount of shortfall, and for this reason, some investors in Tamsui Investment Group are unhappy, if it weren't for the investment that brought more returns, he was almost dragged into the water by the father and son, which can be regarded as benevolent and righteous.

After thinking about it for long, he asked Mr. McCord to arrange for someone to help him form a new company in his own name, called Leo Hedge Fund, and draw $20 million from Freshwater Investment Group as start-up capital.

As for the matter of attracting the first batch of large private equity customers, I am going to wait until the company is established to deal with it, I believe that most of the problems will not be too big, the investment performance is there, and people are willing to believe in the winners......

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"Life credo?"

"This ...... It's probably a sentence I've read before: don't do nothing in your life, and comfort yourself that the ordinary is precious.

I think everyone should strive to pursue a better life, realize the value of life, and live a more comfortable life for themselves, their parents, their wives and children, or their husbands and children. ”

Ye Dongqing is sitting in front of the camera at the moment, seriously being interviewed by the British BBC television, he has promised to take over the documentary program, show people part of his life, a total of 3 million pounds, will be donated in his name to five churches in the Brooklyn area of New York, to help the homeless, to distribute food and clothing.

According to the director, it seems that he wants to show the public something deeper, spiritually, if you want to be rich, then you might as well go straight to Mr. Larry Ellison to shoot, or the king who owns hundreds of luxury cars at home.

"So you mean that people should take care of themselves, their families, and give them material help, right?" The planner of the show personally filmed Ye Dongqing and was responsible for guiding the topic.

"At least the vast majority of Chinese people are trying to do this, they prefer to keep the best for their children, and enjoy happiness from it, and put their children on a level far greater than themselves, I can't define whether it is good or bad, after all, this will make children lose their fighting spirit and lose the idea of relying on their own struggle.

In my opinion, if a person strives to pursue what he loves and is able to feel joy in it, then his life will not be wasted. For example, I am now trying to devote more energy to the field of philanthropy, and I also hope that because of my inspiration and the help of all employees in the company, I am committed to providing people with a more convenient and safe online social, office and entertainment environment through the Internet, which will promote the progress of the world, even if it is only a small step, and it is enough. ”

Ye Dongqing knew that every word he said at the moment might be seen by hundreds of millions of viewers, so he was extra careful in terms of words, preferring to fake the big empty rather than say stupid things that didn't go through his head, so he deliberately slowed down his speech speed and increased the time to think about problems.

It has been two days since Laura came back from Los Angeles, and she plans to go back tomorrow to continue filming, so she took the time to come to the study and stood not far away to watch Ye Dongqing.

After hearing what he said, I suddenly wanted to laugh, others may not know, but Laura still remembered that Ye Dongqing was just crazy and wanted to make money desperately, and now in his mouth, the taste has completely changed.

Of course, Laura believes that he now has the ability to change something and play a positive role in guiding society.

The British director who asked the question then asked a more pointed question, asking: "I know that you have achieved where you are now in a very short time, and I think other young people will want to be inspired by your success, can you give some advice on this?"

Everyone wants to have the wealth he has at the moment, but for the vast majority of young people, even if they struggle for ten lifetimes, they may not be able to accumulate so much wealth.

Ye Dongqing thought that maybe he could be reborn, he wouldn't really say this kind of thing, and after a pause, he said: "My success is accidental, mainly luck, I successfully seized some business opportunities and inspiration, maybe this is God's arrangement."

Two years ago, I was forced to have no way out by life, so I desperately wanted to succeed, I was treated as a liar by Mr. Buffett, and I was also regarded as a liar by potential investors, I had ideas, and tried to achieve them, this is probably the wolf spirit that many young people lack, they are afraid to step out of their comfort zone, from the rich people I usually come into contact with, I can see that they dare to think and dare to do, provided that there is a possible plan to achieve first. ”

"So what did you think at the time, if the investment in Apple and Amazon failed, if the Facebook company that was created failed, the investors at that time might not be able to come up with the money they put in you, right?"

“…… I can't say it's 100% safe, but I was more sure that I invested in Apple at first because it was at the bottom, and I was managed by Mr. Jobs, a thoughtful CEO, and I liked Apple's innovative iPod music player products, and as for the creation of Amazon and Facebook, I think they are the epitome of the impact of the Internet on the real world.

Amazon can solve the shopping troubles in life, and Facebook can make it more convenient for people to communicate with each other, they all have merits, at that time I had no other way, thinking that I would not lose money if one of the three succeeded, from the current situation, probably luck, they were all successful, the Internet industry came out of the trough, and entered a slow bull period in the securities market. ”

……