Chapter 185: Banks

Darren and the twins had a somewhat different view on how to maximize the value of the magic camera equipment, and Fred and George thought they could start selling it now, even though most of the parts came from the shop that made the telescope, and they only modified the recording part of it. Pen "Fun" Pavilion www.biquge.info

And Darren believes that for a businessman, if the conditions allow, directly and independently provide products is the most perfect, if not meet all the conditions, then try to process and upgrade, can increase the added value of the product, if this can not be done, find a way to design, to be able to come up with creativity, use more brains, none of the above, then don't think too much, honest work.

So he wanted to find a way to buy a company that had the complete production technology and equipment, so that they could produce independently, have independent pricing power and marketing, and not have to worry about being influenced by the rest of the people too quickly.

Of course, such an investment is a big one, especially for the Weasleys, however, for Darren, it is not a big deal...... It's just that after Christmas, he converted most of the money he had into Microsoft shares, which was fine for some ordinary expenses, but if he wanted to buy the wizarding company in one go, it would be a bit insufficient, and Darren also needed to check the earnings of those stocks and find out if there were any new ways to make a profit.

So, Darren needs to make a trip to London, and he can stop by to see Harry and Hermione, and I don't know how they are doing this holiday.

The next day, Mr. Weasley brought Darren to London, along with Percy, who is now working at the Ministry of Magic, and sure enough, in the Department of International Magical Cooperation, as Mr. Weasley said, a proper civil servant, although the Weasleys have no money, they have people!

"We'll meet here at the end of the afternoon," Mr. Weasley said to Darren from an underground station in central London, no doubt given Darren's traffic problems, he couldn't use phantom shapeshifting, except for the knight's bus, which could only be moved by ordinary people, "You know how to ride this, right?"

"Yes, Mr. Weasley, thank you!" Darren prefers the subway to the Knight bus, and although he can't lie down, he doesn't have to worry about hitting the window.

His first stop was a clothing store, where he changed his full outfit and went to the bank, especially the big banks, where a well-fitting set of high-end clothing was essential, which could save a lot of time.

Although Darren put his money into stocks, for a customer of his level, the bank will have a dedicated relationship manager to manage it, which can fully meet Darren's requirements.

Sure enough, in the VIP reception room, Darren quickly learned about the money he had invested in Microsoft stock, and it was indeed as he expected, the stock had risen a lot, much stronger than putting it in Gringotts, and it was also much higher than the interest rate of ordinary banks.

Subsequently, he cashed out some of it and turned it into cash, and while waiting for the system to operate, for a depositor like Darren who is young and has more money, the account manager naturally has to be courteous, "Your investment vision is really accurate, you have invested such a large amount of money in a stock, and there is such a good income, it is amazing." ”

"Oh, isn't the investment situation good right now?"

"Hey," the account manager sighed, apparently he was also affected a lot, and began to introduce that in February, because the US economy began to rise, the Federal Reserve raised interest rates by 25 basis points, which led to a series of market reactions, and many well-known hedge funds suffered huge losses.

On the other hand, due to the rise of domestic interest rates in the United States, the huge capital in the international market has re-flowed into the United States, which has had a very serious impact on the economic operation of countries other than the United States.

"You don't know, I've been in contact with a lot of arbitrage from banks and hedge funds, who borrowed short-term money to buy long-term bonds, and borrowed dollars and Deutsche marks to buy long-term debt in Italy and Greece, and borrowed money from us to buy high-yield corporate debt and leveraged rental housing. ”

"Even the entire stock market is sluggish, and your yield is not very high, but it is much better than others. ”

"Oh, the Fed raised interest rates, raised interest rates by 25 basis points?" Hearing the news, Darren couldn't help but recall the famous subprime mortgage crisis, which was extremely serious, and the overwhelming financial knowledge everywhere at that time made him remember a little bit of something.

Although the so-called Wall Street conspiracy theories are a bit unreliable, with the huge size of the US economy and the unique international currency status of the US dollar, the Fed can still influence the global economic context to a certain extent, but what impact will it have......

"Hmm, who will be pitted this time?" Darren muttered in a low voice, remembering that the financial crisis in Southeast Asia was 98 years, and now it is only 94 years, which seems to be not quite right.

Suddenly, Darren remembered a set of comics he had read before, which had a screw-headed that made a deep impression on him, "Soros, have you heard of him?"

"Soros, do you mean George Soros?"

"Oh, I guess so. ”

"Who in the financial world would not know about him and his quantum fund, especially this guy who hacked the pound the year before last, took advantage of the weakness of the pound to short, made us a lot of losses, and made nearly $1 billion from the short trading of the pound alone, as well as the long positions on interest rate futures in the United Kingdom, France and Germany and the short transactions on the Italian lira, making the total profit as high as 2 billion dollars, of which he himself took a third, and the quantum fund grew by 67.5% in a year!" Speaking of Soros, the account manager was obviously excited, after all, before that, the pound was still an international currency, and then its status plummeted.

"Then can you help me collect the information of his transactions the year before last, as well as the economic situation of countries around the world this year, the kind of economic development that has been relatively rapid in recent years," Darren thought for a while, "By the way, there is no need to prepare for Southeast Asia." (To be continued.) )