Although Jordan is Chicago's city card, he is a true New Yorker and knows many investment managers.

A superstar like Jordan has more than one team that takes care of his assets and brokerage business. For some big investments, Jordan himself will also personally inquire to ensure that his property is not embezzled.

For a star who eats youth, it is very important to have a reliable operation team. Fortunately, Jordan came from a well-to-do middle-class family and had a fairly good college education, so he had a certain awareness of this. And those sports stars who are really at the bottom of the slums are often because of their lack of financial awareness, and most of them can only live by eating their old books after retiring. And these people are often accustomed to the luxurious life of spending a lot of money before retirement, and often cannot make ends meet, and most of them have a bleak night.

If you encounter an unreliable brokerage team, it will be even worse, often many agents take advantage of the low level of education of sports stars, control them ideologically, transfer their assets, empty the pockets of these stars, but they make a lot of money.

McTyson is a prime example.

As the most powerful heavyweight boxing champion after Ali, Tyson ruled the entire boxing world for ten years, won countless heavyweight boxing titles, played tens of millions of dollars in a match, earned more than 100 million yuan a year, fragrant cars and wine, mansions and beauties, there was no shortage of everything, and he also raised a tiger as a pet, and was the most profitable athlete in the world at that time.

But what about the ending? Tyson, who can make such a profit, was at the peak of his career, because of a sexual assault case that suddenly fell, and after his comeback, there were many scandals, and in the end, he actually went to Las Vegas to work as a human punching bag and make a cowherd for a rich woman to make a living.

Tyson ended up like this, although there are reasons why he was cheated by the people around him, but in essence, Tyson's lack of awareness of financial investment and risk is the most important reason.

Jordan, of course, is not like Tyson, he is one of the most business-minded athletes in the sports world. As early as '85, the second year of Jordan's entry into the NBA, Jordan, who had just made a name for himself in the league, reached an agreement with Nike to launch a basketball shoe named after him and participate in the sales share.

In addition to various product endorsements and his own business operations, Jordan is also widely involved in various investments, funds, which is one of his very important investment components.

In addition to the Cowyce Fund, he is a major client of several private funds on Wall Street and Boston. However, the returns of these funds are much lower than those of Cowys, and if you are unlucky, you may lose a little.

When his brother Larry Jordan first introduced him to the Cowyce Fund, he thought it was a scam company. There are more than 4,000 large and small fund companies registered on Wall Street, and many of them are deceitful and indiscriminate. Wouldn't a fund company with a stable quarterly return of more than 30 percent have an annual return of more than 100 percent?

This new fund, Michael Jordan, has seen a lot and in order to attract investors, he has adopted a very aggressive trading model. In the short term, the yield does seem to be several times higher than that of other funds. But no matter how high the returns, they can't be as high as the risks. This kind of fund company is lucky, makes a profit, and washes the transformation ashore. Bad luck, hehehe, anyway, the most unlucky person must not be the fund manager.

But it didn't take long for the entire financial circle to be shocked by the lightning exchange of the Cowyce Fund, and the name of the Cowyce Fund became a well-known sign in the industry. Under the persuasion of Larry Jordan, Jordan also took out five million dollars to try to buy Cowys's No. 7 fund.

What Michael Jordan never expected was that in less than half a year, Coyce's return was as high as 60 percent, far exceeding all the funds in his portfolio.

What surprised him even more was that Cowyce implemented a quota system, and when he wanted to buy from Cowys, Cowyce told him that his quota was only $6.5 million. That is, he can only buy another million and a half million dollars.

At the beginning of the news, Michael Jordan was still a little angry, thinking that the fund company was too arrogant. But later, Jordan found that he was not the only one who had the same experience, including many Wall Street bigwigs, who were subject to quotas.

Why? Because it's so hot.

A fund is not bigger the better, it depends on the nature of the fund. If it's a money market fund, of course, that's another matter, but Cowys is now issuing a stock fund, and the pool is so big and too big, where to invest it.

The average stock fund is still calling around to grab customers, but of course there is no such problem, but popular funds such as Long-Term Capital Management and Cowyce are a different matter.

The customer bullies the store, the store bullies the customer, since ancient times, it is as good as it.

Jordan's connections naturally didn't go to him, and it didn't take long for him to find Rauld Bellankefen through his connections, hoping to expand the quota. After meeting Blancffen, he was told that his quota had to be approved at a higher level.

And this one is on the next level, of course, it is Zhang Chen.

That's why Jordan is here today.

Hearing Jordan's request, Zhang Chen smiled slightly, "Michael, as long as it is an investment, there will be risks, and putting all your eggs in one basket is not a good choice." I know you have a lot of money, and you earn more than that every year, but $20 million is not a small amount for anyone. And Cowys's pool of money is not going to continue to expand, you know, the more money you have, the more difficult it is to operate. In order to ensure the fundamental interests of customers, I cannot accept this money. Of course, Cowyce will continue to develop new products in the coming months, and if you are still interested, we can continue to work together. ”

Jordan was a little disappointed when he heard this, but he was not a person who would give up easily, so he muttered slightly: "What is the expected return on investment of the new product you said? What is the investment strategy?"

Zhang Chen said with a smile: "I can only say now that this is a comprehensive product, although the rate of return is not as high as the No. 8 fund, but the annualized rate will be 30%, if you are interested, you can participate in this part of the investment." ”

Michael Jordan frowned slightly, an annualized return of 30% does sound like a lot, but compared with the annualized return of Fund 8 of more than 100%, it is really not enough.

"Michael, you don't need to be disappointed, your purpose is nothing more than to maintain and increase the value of your assets, and still maintain your current income after retirement, or even make more money. Just disappointed, Zhang Chen's voice came from the side, "Investing is not just buying stocks and funds. I think you can continue to optimize your investment structure, your current investment structure is too conservative, not like your performance on the pitch at all. I think it's time for you to open up a new battlefield. ”

"New battlefield?" Jordan's eyes narrowed slightly, "You mean?"

Zhang Chen smiled all over his face, and his tone was friendly: "You have played for so many years, although you have made a lot of money, but in fact, you are also working for others, you earn one piece, and Jerry Rainsdorf earns ten yuan." Not only did he make most of his profits, but the increase in the value of the Bulls' assets made him one of the richest men in Chicago. How much did Jerry spend when he bought the bull twelve years ago? Sixteen million. And how much is the bull worth now? 800 million, at least 800 million. ”

"Don't you want to be your own boss?"

"The owner of a real NBA team. ”

(End of chapter)