[Please keep in mind the domain name of this site" ", or search in Baidu: Sanlian Literature Network]

It is not very bad to say that Fan Wuxi's opinion of Soros is not very bad, and as a partner, Solo, who is in charge of the quantum fund, is undoubtedly a competent and successful manager, and his quantum fund has been increasing at a rate of 35/100 per year since its inception, which is a scale that others cannot compare.

Solo's method of making a profit is very simple to say, it is the principle of leverage, it is more troublesome to operate, not to say that ordinary people can't control it, even many senior fund managers can't do it skillfully, this is handy.

Although the history of the loser is the medicine that enlightens the latecomers, only the real summary of failure is the permanent harvest, but everyone is always willing to summarize the experience of the successful and even explore the secret of their 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 losers who play against him.

The application of the principle of leverage in financial futures and foreign exchange comes from commodity futures, and the original intention of inventing 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 buy spot avoid risks are finally applied to genus, 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 bought and sold contracts, so the margin is also for the value of the contract itself. If the contract is worth $100,000, then if you set the leverage ratio to 1:100, you need $1,000 in margin. That is to say, you only need to use $1,000 to have a put right on the contract worth $100,000, and the contract itself has data that reflects its own law, and the data starts a small and broad journey when you intervene in the transaction. (〕

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.

When Solo ~ swept the Asian financial circles, its admirers are even more flocking, almost all the domestic securities, futures, foreign exchange theory textbooks are recorded in the two myths of Solo as teaching materials, almost all the elites who are interested in the cause of securities, futures, and foreign exchange industry take Solo as their idol and take him as their goal.

Throughout Solo's Superman, the trading methods that made him snipe the pound and sweep Asia were all short selling, and 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, it follows the natural law of the buying and selling market, with only a little adjustment, that is, when selling high, it can reverse the order of buying and selling, sell first and then buy back. (For more new chapters, please go to, search/search/nine/nine/nine/] You sell at a high price, buy back at a low price, then earn, at this time the contract data is getting smaller and smaller, 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.

Solo's short selling is no longer the meaning of making money, in 1992 short selling Britain, directly led to the United Kingdom's withdrawal from the European exchange rate system, and in 997 short selling financial futures in Southeast Asia, resulting in the paralysis of the Asian financial system for a time, which made his short selling almost a curse, which made his admirers fascinated, and even sold out every order.

He also had bullish moments, less than in 1993 when he thought that the price of gold would continue to climb soon, so he bought gold to make a big profit. However, the sharp rise in gold heralded a sharp decline in the dollar, but fortunately, after his shipment, gold fell sharply, putting the dollar back on a stable track.

But now Soros is almost synonymous with bearishness, as long as he appears, everyone will think that there is something wrong with the financial system, and then carry out short-selling operations on a large scale, which is also the most headache for Fan Wuxie, and it is also the most headache for financial market managers around the world. (Mobile AP browsing search 999)

In fact, according to Solo himself, he was defeated in the circle of the Southeast Asian war, but not in Hong Kong, but in Indonesia, because they overestimated the Indonesian government's ability to bear it, and the empty position was a bit conservative.

Prior to Soro's move to Hong Kong, asset prices, especially real estate prices, had already loomed into a bubble, coupled with negative long-term real interest rates, leading to a rampant property speculation. In thirteen years, the price of major properties has risen twelve-fold, and the resulting economic overheating has led to a surge in wages and the stock market. Hsi

Within a month, eleven all-time highs, Hong Kong appeared as a national stock~

Therefore, Solo believes that the real estate bubble has also caused a deterioration of 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. (Mobile AP browsing search 999)

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 Chinese government's support for the SAR, and once Hong Kong returns to the motherland, the forces that can be relied on behind it will suddenly increase.

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

In January and June this year, when the Indonesian rupiah and the yen plummeted, Soro's hedge funds sold Hong Kong dollars separately, and the three attacks failed to destroy the Hong Kong dollar in the face of 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, hedge funds launched a fourth shock to the Hong Kong dollar, supported by the sharp drop in the US stock market and the sharp fall in the yen exchange rate.

Another important reason is that Solo believes that Chinese mainland is too busy fighting floods to take care of Hong Kong, and Fan Wuxian is also because of the huge amount of investment 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.

Fan Wuzhi felt that Solo's timing was very accurate, but he was wrong in his calculations, that is, the size of his actual assets, and his own reasons why he had to act because he wanted 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 at any time, but this action will be 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 Hong Kong stock market is only hundreds of billions of US dollars.

The current Fan Wuxian is no longer the previous Fan Wuxi, although he is still very free and easy in some questions, it is still considered in the humanitarian aspect, and he can't make people angry because of his own selfishness, right? For example, some of Solo's practices are debatable.

It's despicable to wantonly plunder other people's property in the name of helping other countries realize their mistakes in the financial system, and then to say very innocently that I'm just here to make money.

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 it, but you are also very single, and you want to set up a memorial arch, it is too unheroic. In particular, Solo and others are not the kind of people who secretly get rich, and after winning, they will spread propaganda 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 especially makes Fan Wuxian feel that he can't sit idly by is that this time, while paying close attention to the flood disaster that has not been encountered in a century, all walks of life in Hong Kong are actively organizing various activities to raise funds for the victims, which is already several hundred million yuan. Although Hong Kong's economy has been affected by the melt storm, everyone's life is not easy, but in this matter, their enthusiasm is still very high.

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

Therefore, Fan Wuxian called Davis and asked him to contact Solo secretly to prepare for the two of them to meet somewhere.

Davis was a little interested after hearing the news, although he is also a high-income class, 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 Solo for a while, maybe there will be some unexpected gains.

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

Today's first update was sent to ********************* (read!) 〕