An excellent investment plan is inseparable from a process, "Hypothesis-Argument-Fundraising-Betting-Waiting-Harvesting". Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

Now he is pointing to the projection screen, showing the charts and the data from the research around during this time, and starting to prove the possibility of the boss's hypothesis to everyone.

"We spent money to hire a few investigators, and went to some areas of the state to do real estate projects, and the feedback was surprising, because there was no money to pay the bank loan, many houses were overgrown with weeds, people went to empty buildings, and even in one block, most of the houses have been occupied by homeless people, and the owner of the original loan to buy a house has long been missing.

Even so, those real estate sales agents are still desperately encouraging people who have no ability to pay at all to take out loans to buy houses, can you imagine that you can buy a house with a loan without any mortgage or formalities? There are many speculators in the market who rely on zero down payment to get a few houses and want to change hands to earn the difference, with the decline of the real estate market, the houses in the hands of these people cannot be sold at all, and whether they have the ability to repay the bank loan, they can only smash it in their hands or simply run away, and throw this burden to the bank. ”

Everyone in the conference room listened to Alvitatre's introduction with solemn faces, and the data was displayed, and the barren photos of overgrown weeds and dry pools all showed everyone a problem, the real estate market of the United States imperialism was on the verge of collapse, and when all the debts and problems that had been covered up were exposed to the world, that is, when the bubble burst, the crisis was full of opportunities.

Everyone's hearts couldn't help but tremble slightly, and their eyes looked at the little boss with an indifferent expression on the first seat, the boss who discovered this problem early may be the biggest beneficiary, as for whether this is a nightmare for ordinary people and people from other countries, it is not a problem they should consider.

"Short real estate, we need a proper tool, otherwise the risk and return will be extremely mismatched, boss, have you taken a fancy to the financial instrument CDS?" Bad Stone has been convinced by all the data shown, facts speak louder than words, remembering the night he first met with the boss, it was the first time he asked himself if he recognized Michael Bray, did the boss already find the problem of the real estate market at that time?

"Yes, it's CDS!" It wasn't Andy who answered him, but Alvitatre, who had already changed to another projection picture, and everyone's eyes were on Alr again.

"Everyone here should be familiar with this CDS, after all, this financial instrument and its inventor Michael Bray have been the laughing stock of the whole Wall Street for the past few months, but today I want to tell you that this is also a financial instrument with almost perfect risk-return. As he spoke, he began to explain on the projection screen with the laser pointer in his hand, and of course the vast majority of people could understand it.

"Taking the boss's assets as an example, the principal of $500 million can buy $6 billion for BBB-level cds products, but it is not necessary to pay $6 billion, but to pay 1% of the premium of $6 billion per year, $60 million, and this money can also be deposited in the bank before payment to obtain 5% interest, that is, $30 million interest, so that as long as the first year only needs to spend $30 million, plus $10 million in commissions per year, the $500 million product will lose up to 8% a year , but theoretically you can earn 1200%!"

As soon as Alvitatre's words fell, Andy stood up with his hands propped on the table, his eyes swept over everyone, and he shouted with some excitement: "This is the best deal ever!

After all, in his previous life, he was a programmer ape, and his knowledge of the financial market was about equal to nothing, he knew about the subprime mortgage crisis, knew about the real estate crash of the United States, and of course, he generally browsed the boring Hollywood movie "The Big Short".

It's because of this movie that he almost didn't pit him to death. After recalling this movie in a supergod state, after all, the movie is based on real people and real events, and he really took it seriously, and began to feel that investing 500 million US dollars, 07,08 and being able to earn up to 2 billion US dollars for two years is really not a big opportunity for this financial crisis, but it is still acceptable.

But when Alvitatre calculated the losses and profits for him in the office before, Nima, his liver trembled, 6 billion, this money bit the bank in 08, 10 billion is really not a dream, and if he is not excited, it is all fake, so he will suffer from gains and losses, and he will worry about the opponent's counterattack.

Andy understands very well that when he puts down all his net worth as a bargaining chip, all that remains is waiting and suffering. An object with a very large momentum has to go through very fierce resistance to change the original trend, and it takes longer to turn around, but fortunately he knows how long the time is.

Don't think that the default rate has increased dramatically and housing prices have begun to turn around, so that Andy and these bears can make money, and they will also face the last resistance of the entire system, which is extremely strong, and even makes many people on the short side doubt whether their decisions are correct and die in the darkest moment before dawn.

When the crisis finally erupts, it does not mean success, and it is not a success until the money is in hand, because there will be many forces that jump out to put pressure on the individuals and institutions with CDS in their hands, and buy them to reduce the bank's losses, of course, these pressures are not a problem for Andy, he can ignore them completely.

Everyone looked at the young boss with a greedy gaze flashing in his eyes like a hungry wolf who chooses people to devour, and couldn't help but feel for the first time the ambition and ruthlessness of this young man who always smiles with confidence and sunshine.

A nightmare for ordinary people in the United States may even trigger the world financial crisis as an opportunity to grab wealth for themselves, of course, they are all Wall Street people, no one is not greedy, and a trace of emotion is just crocodile tears, Andy does not have the slightest compassion and compassion, Nima, Lao Tzu's soul is from the Celestial Empire, who cares about the life and death of those ordinary people, and legally earns wealth, no one can blame, but when everyone here looks at the eyes of the little boss again, there is a sense of awe.

In fact, there are many people who find that the real estate bubble is in danger of bursting, it can be said that there are tens of thousands, this is not a joke, in 2006, at least tens of thousands of Americans, including real estate agents, loan examiners, and increasingly stressed home buyers, smelled the impending crisis, but these people have no way to directly short the US real estate market.

Because CDS will not be sold on the open market at all, ordinary investors can't even touch the threshold.

"Bud, you can solve the threshold problem of ISDA, is there no problem?" Andy asked as he looked at Bardstone, who was thinking about something.

"No problem, a phone call can be solved, we didn't have much interest in these junk bonds before, and after the last time we made a big profit in the futures market, the International Swaps and Derivatives Association sent us an invitation. Badstone nodded in response.

"That's good, after all, we can't trade CDS without passing the threshold of ISDA! In addition to the main members of my think tank, the rest of us are the top management of the Free City Investment Company, the reason why this meeting is held is to let everyone understand my intentions and plans, and then to implement them, in the next period of time, I need you to earn and return funds to the greatest extent, a month's time, after a month we will put all the funds into CDS, at the same time, it is also considered to inform everyone here in advance, I hope you can prepare early, to avoid losses in the coming storm, everyone, the next depends on you！”

Andy watched everyone leave the conference room with a sinking face, and smiled at Alvitatl and Bad Stone who stayed behind: "Let's go, come to my office for a cup of coffee, there are still some things to discuss." ”