The situation in the Middle East and the fluctuations in the oil market, Lin Qi does not care.

If you have read some articles on oil and war before, and know that on the day of the outbreak of the Gulf War, the oil futures market broke out countless long people, and this scene was written as a case of oil futures speculation, so that people should not think that oil futures are going to rise as soon as they see the war in the Middle East.

It is also possible that the giants of the oil futures market have already made a lot of money. Waiting for the news that the United States sent troops to Kuwait and officially publicized to Iraq, they immediately began to short-sell, and they made another profit by blowing up those shorts!

Fools know that before Iraq hit Kuwait, the price of oil was less than $20 per barrel. After the attack on Iraq, a wave of skyrocketing was initiated. If Iraq does occupy Kuwait for a long time and is subject to international sanctions, oil prices are likely to remain high.

However, after the official attack by the United States, it means that Kuwait will be liberated, and after that, Kuwait's oil supply will be restored.

And among the speculators all over the world, there are a bunch of simple-minded people who can only think about the Middle East, war, oil, and rise!

The Gulf War can be regarded as a classic futures market, and some giants who took advantage of information asymmetry and capital asymmetry joined forces to loot the bulls who were originally in the same camp as them!

It is expected that in the global oil futures market, at least hundreds of billions of dollars of capital will be killed!

Lin Qi made a temporary decision, and the little money he made was only a little residue left by the real top financial giants! If he won the bet and did not see the good gains, then he might be wiped out into residues by the meat grinder-like market!

……

On January 18, with the permission of Lin Qi, the wiper used tens of millions of funds to reverse long oil, and made a little profit.

But compared to Lin Qi's hand yesterday, it was like a cloud.

These traders were quickly convinced, and Lin Qi also comforted and said: "In the future, the investment of large institutions will not pay attention to these speculations, more popular asset allocation, Graham's 50% bonds and 50% equity, it is recommended that ordinary investors balance bonds and stocks, and if the stock rises too much, sell the floating profit and increase the position of bonds." If the stock falls too much, sell some bonds and increase the stock position. Other modern institutions are mainly engaged in asset allocation, such as stocks, bonds, precious metals, real estate, oil, and other different assets to rebalance their positions...... The idea of hyping up prices is outdated. Asset allocation is easy to hold, and from year to year, different assets perform differently, and there are few assets that have always been champions, and there are no assets that have always performed poorly. Taking advantage of the different cycles of different assets and making more scientific investments is the way for institutional investors...... There is also quantitative hedging of low-risk arbitrage, of course, quantitative hedging with manual tracking of the difference, it is not possible, and a computer is required to track changes in milliseconds. ”

The financial personnel present already looked at Mr. Lin as if they were aliens.

In Mr. Lin's opinion, even if you open a fund company or a securities company, you can definitely become a big man in the industry.

Of course...... Lin Qi doesn't need to blow, even if he plagiarizes Bridgewater all-weather, he can also make a career. Bridgewater All-Weather, at first not famous, but in 1996 launched an all-weather strategy fund, this fund is always full, but the asset allocation is stocks, real estate, oil, gold, bonds, money market funds, after that, this strategy has been positive for most years, long-term returns have outperformed real estate, S&P 500, bonds, gold and any other asset.

And after Bridgewater's strategy became popular, the world is full of all-weather strategies. But to be honest, this strategy is not a high-tech strategy, nor is it a new strategy, but a strategy that institutional investors have been working on for many years. Before Bridgewater was around the clock, there was the famous Merrill Lynch clock, but the Merrill Lynch clock was only a theory, and very little was executed according to the strategy.

Of course, the main reason why Lin Qi did not engage in any all-weather fund is that managing tens of billions of dollars of wealth and collecting commissions of hundreds of millions of dollars every year is not very attractive to Lin Qi. Perhaps, when I can't find an investment direction in the future, I will invest in this field. However, there are now countless opportunities in the world, which are more awesome than tossing finance.

In other words, Bridgewater is just easy to copy and imitate, not as difficult to imitate as Warren Buffett. But the annualized return of Bridgewater Fund is not as good as Buffett's. From the 90s to the 21st century, Warren Buffett's annualized return was lost to the S&P 500 and far more to China's real estate home price annualized return.

The annualized rate of return of many of Lin Qi's businesses is far higher than that of the future Chinese real estate market. And...... China's real estate market, Lin Qi also has a layout, Shenzhen ten square kilometers of land, this is a large investment, moreover, there are many commercial real estate across the country, is directly with cash to buy property rights, not rent. Therefore, in essence, just relying on the rise in real estate prices, Lin Qi has the confidence to say that compared to the return on assets, the world's financial industry is not good.

The funds earned in the oil futures market were transferred out one after another, and after that, there was an additional $5 billion in cash in the account of the new entrepreneurship department!

After adding a large amount of cash, Lin Qi's confidence is naturally more sufficient.

"Less, notify the law firm and start suing AMD, we are afraid that we will have to fight a protracted battle with AMD. Lin Qi said.

"Okay Mr. Lin, what are the chances that we will win the case?" asked Xiao Xiao.

"It's hard to say this kind of thing, but it's definitely to make a gesture and let people see the shamelessness of AMD and the advancement of our XRM architecture!"

"Okay, boss!"

After leaving, Lin Qi stood in front of the window in a short daze, and it was difficult to say that he would win, but he had to be able to contain AMD's pace.

At the beginning of February, the new venture formally sued AMD for patent infringement and demanded that the use of ARM-based technology and patents be stopped.

According to international patent law, the Paris Convention for the Protection of Industrial Property, which entered into force in 1884. After several meetings in 1873, 1878 and 1880, a draft convention was drawn up, mainly by the French Government. At the Diplomatic Conference of March 20, 1883, 11 countries signed the draft. When the Convention entered into force on 7 July 1884, there were 11 member States. The Convention has since been amended several times.

AMD has not licensed the core technology, but if it uses the previous OEM licensing contract, it can use the XRM chip architecture of Pangu 5 generation computers. Although there is no right to modify it, AMD can play the game and use it until the license expires. And the contract did not officially expire until at least 95 years.

The two sides can argue for a long time on contract issues, and Lin Qi essentially does not think that relying on a lawsuit can make AMD stop infringement.

After all, AMD is so bold, on the one hand, because of ambition, and on the other hand, it is also the dictation of American political forces. After the gradual deterioration of political relations between China and the United States, the new entrepreneurship department will definitely be more and more deliberately targeted and suppressed by the United States.