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Or search on Baidu: Sanlian Literature Network] said that Fan Wuxi's view of Soros is not very bad, and as a partner, Soros, who is in charge of the quantum fund, is a competent and successful manager, and his quantum fund has been increasing at a rate of 35% per year since its inception, which is unmatched by others.

(*.com) (Reading Pavilion*)$*The latest chapter reads*$Soros's method of making a profit, it is very simple to say, it is the principle of leverage, but to operate, it is more troublesome, not to say that ordinary people can't control it, even many senior fund managers can't do it so skillfully, so handy.

Although the history of failure is the medicine that enlightens the future, and only the real summary of failure is the permanent harvest, but everyone is always willing to summarize the experience of success and even explore the secret of its success, because everyone wants to succeed, everyone wants to become the master of wealth.

When people summarize Soros's success story, they say that he used the principle of leverage, others say that he follows the trend, and of course some people call him the embodiment of disaster, of course, this is for the failure to play against him.

The principle of leverage application of financial futures and foreign exchange comes from commodity futures, and the original intention of Ming commodity futures is to regulate the price fluctuation deviation of agricultural products when trading is not too large, and the hedging (also known as hedging) game rules formulated in order to make people who buy spot avoid risks, but it is finally applied to metals, stocks and exchange rates.

It is often mentioned in Chinese Kung Fu that people with high kung fu do not use brute force, but use four taels to dial a thousand catties, which means that only four taels of strength are used to move the weight of a thousand catties, which is a metaphor for people to use a little bit of wisdom to make a great cause that people will win the day.

Futures use a margin system, because futures are traded in contracts, so the margin is also for the value of the contract itself.

If the contract is worth $100,000 and the leverage ratio is 1:100, the margin will need $1,000.

That is to say, you only need to use $1,000 to have the right to buy and sell the contract worth $100,000, and the contract itself has data that reflects its own laws, and the data starts when you intervene in the transaction, and you start to take a small and broad journey.

However, once you operate against the trend and arrogantly challenge the laws of nature, in the end, you will have no choice but to accept the judgment brought to you by the laws of nature, and you will naturally perish in Shunchang.

Almost all domestic securities, futures, and foreign exchange theory textbooks record the two myths of Soros as teaching materials, and almost all elites who are interested in the cause of financial securities, futures, and foreign exchange industries take Soros as their idol and take him as their goal.

Looking at Soros's superman record, the trading methods that have made him snipe the pound and sweep Asia are all short selling is selling.

The rules of buying and selling are to buy low and sell high, and in the rules of the game of futures, they also follow the natural laws of the buying and selling market, but with a little adjustment, that is, when selling high, it can reverse the order of buying and selling, sell first and then buy back.

You sell at a high price, buy it back at a low price, you earn, then the contract data is getting smaller and smaller, but you think it is sold at a high price, in fact, the contract data is getting bigger and bigger, then you can only buy it back at a higher price, and you will lose.

Soros short-selling is no longer the meaning of making money at that level. Short selling in 1992. Directly led to the UK's withdrawal from the European exchange rate system.

1997 Short selling of Southeast Asian financial futures. As a result, the Asian financial system was paralyzed for a time. This made his short selling almost a curse.

This made him adored with fascination. Even every order must be empty. He also has bullish times. But comparatively rarely.

In 193, for example, he believed that the price of gold would continue to rise in the near future. So buying gold made a big profit.

However, the sharp rise in gold heralded a sharp decline in the US dollar. Fortunately, after he shipped. Gold fell sharply.

Putting the dollar back on a stable track. But now Soros is almost synonymous with empty land.

As long as he shows up wherever he appears. People will think that something is wrong with the financial system somewhere. And then carry out short selling operations on a large scale.

This is also the most troublesome thing that Fan Wuxi feels. It is also the most troublesome thing for the management of financial markets in the world.

In fact, according to Soros himself. He came down in a circle of the Great War in Southeast Asia. There is also a time and place of frustration.

But not in Hong Kong. It's in Indonesia. The reason is that they overestimate the Indonesian government's affordability.

The empty warehouse is a bit conservative. Before Soros moves to Hong Kong. Hong Kong's real estate asset prices, especially real estate prices, have seen a bubble.

Plus the long-term real interest rate is negative. This led to the prevalence of real estate speculation. Thirteen years. The price of the main property has increased twelve-fold.

As a result, the economy overheated, which in turn led to a surge in wages and the stock market. Hang Seng Index within a month. Eleven all-time highs.

Therefore, Soros believes that the real estate bubble has also caused a deterioration in the economic environment, which has led to an increase in the cost of production and sales, and the inflationary pressure in Hong Kong has gradually accumulated, and according to the theory of purchasing power parity, the Hong Kong dollar has a tendency to depreciate in the future.

Moreover, they believe that the cost of maintaining the linked exchange rate system is high, and they believe that the Hong Kong SAR government will not be able to survive, so they decide to attack the Hong Kong dollar, but they do not take into account the central government's support for the Hong Kong SAR.

The macro hedge fund under the leadership of Soros made a joint market in Hong Kong's foreign exchange market, stock market, and futures market, and launched a three-dimensional attack on the Hong Kong dollar in an all-round way, first shorting a large number of Hong Kong dollars in cash exchange for US dollars, and at the same time shorting Hong Kong dollar futures, and then shorting Hong Kong stock spot stocks in the stock market, and selling a large number of futures index contracts in the Hang Seng Index futures market before and after.

In January and June this year, when the Indonesian rupiah and the yen plummeted, Soros's hedge funds sold Hong Kong dollars respectively, but the three attacks failed to destroy the Hong Kong dollar due to resistance from the Hong Kong SAR government.

However, since the beginning of August, the situation has changed, and the speculation atmosphere of the Hong Kong dollar in the foreign exchange market has accumulated, various rumors have spread, and market confidence is in jeopardy.

On August 5, with the US stock market falling sharply and the yen exchange rate plummeting, hedge funds launched a fourth shock to the Hong Kong dollar.

Another important reason is that Ross believes that Chinese mainland is too busy fighting floods to take care of Hong Kong, and Fan Wuxian has also invested a huge amount of money in Indonesia, and the cash flow is obviously impossible to support him to support the Hong Kong SAR government to deal with the impact of international hedge funds.

Soros is very accurate in terms of timing, but he is only wrong in his estimation, that is, the size of his actual assets, and his own reason why he must act because he wants to protect the Hong Kong market from too serious damage.

It can be said that if necessary, he can withdraw hundreds of billions of dollars of funds at will, but this action will appear relatively large, and the changes caused will be very serious, enough to cause violent turmoil in a market.

You must know that the asset scale of the entire Xiangyuan stock market is only hundreds of billions of dollars, and how many people will be ruined if you toss like this?

The current Fan Wuzhi is no longer the Fan Wuxi, although he is still very free and easy on some issues, but in the humanitarian aspect, there is still some consideration, and he can't make people angry because of his own selfishness, right?

For example, some of Soros's practices are debatable. In the name of helping other countries realize their mistakes in the gold system, wantonly plundering other people's property, and then saying very innocently that I am just here to make money, is more despicable.

Fan Wuxian thinks that if you say bluntly that I just want to use the loopholes in your financial system to make money, then that's fine, but it's also very single, but if you want to be that and set up an archway, it will be too unheroic.

In particular, Soros and others are not the kind of people who steal money, and after winning, they will have to publicize all over the world, and by the way, they will publish some textbooks, memoirs and other things to cheat some manuscript fees, and by the way, they will sell their own values or something, so as to pave the way for their next economic aggression.

You can't be shameless like this. What makes Fan Wuxian feel that he cannot sit idly by is that this time, while paying close attention to the flood disaster in the mainland, which has not been seen in a century, all walks of life in Hong Kong are actively organizing various activities to raise funds for the victims, which has already reached hundreds of millions.

Although Hong Kong's economy has been affected by the financial turmoil, and everyone's life is not easy, their enthusiasm in this matter is still very high.

This made Fan Wuxi a little moved, so he decided to communicate with Soros, it is better for everyone to solve this matter calmly, than to make a big fight between the two sides, in order to make that billion 800 million small money, the entire Hong Kong market is not at peace.

So Fan Wuxian called Davis and asked him to contact Soros secretly to prepare for the two of them to meet somewhere.

Davis was a little interested after hearing the news, although he is also considered a high-income class, but no matter how he says it, he is just a staff member who works for Fan Wuxi, this time if he can follow Fan Wuxian and chat with the world-famous Soros for a while, maybe there will be some unexpected gains.

Soon, Soros called, and the old man said that he was very willing to meet Fan Wuxi, and the meeting place was chosen in South Korea.

Today's first update will be sent to ********************* (to be continued, if you want to know what will happen next, please log in to diam, more chapters, support work, support genuine reading!)

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