Chapter 41: Distorted Values

Taking the popular star Goldman Sachs as an example, for a period of time, he averaged hundreds of millions of dollars a day, and for a long time, he was eating the Tyrannosaurus Rex as a delicacy slowly, which was why a European trader later went on TV live and blurted out something that made Europe and investment banks extremely embarrassed, which also made Goldman Sachs famous but also very irritable.

Because Goldman Sachs does not seek to appear in the mass media, it originally only established prestige in a certain circle, and it did not take pictures or publicize when looking for customers, and it did not speculate in stocks, foreign exchange, and futures. As a result, he accidentally became a public idol, the champion of the Wall Street Got Talent, and the ordinary guys in the shop are still proud of the blue squares on their business cards, proud of their blue-blood traditions, but what are the real blue-blooded people worried about, senior federal treasurers and White House staff run to meet with senior partners, what is the frequency.

Goldman Sachs once became famous and known to the world, senior Wall Street practitioners have rejected Goldman Sachs' offer, and the neighbor Momeilin is better than Goldman Sachs to attract talents to join, why, because Goldman Sachs is shining in the eyes of the public and the media, but in the intuition of senior Wall Street practitioners, it is declining rapidly, and it is no longer the famous Wall Street sentence "Congratulations, you are already a partner!" "Goldman Sachs can make people's blood boil.

As early as 94 years, in the same year that Da Mo and Goldman Sachs intervened in Ping An, Xinqiao, which did the same thing as Goldman Sachs, surfaced, behind Xinqiao is TPG, a private equity with the same name as KKR, Carlyle, and Blackstone.

Goldman Sachs has become the darling of public opinion and the media at the same time, in the field of capital is actually disastrous, some channel entrustment will leave it, some do not want to be exposed to the public eyes of the old money will accelerate the departure, plus the notoriety, will definitely affect the national commission, and these are precisely its most traditional advantages of the field, Goldman Sachs in a gorgeous coat at the same time, in fact, has been deprived of the right to the first night, the development of the information world in the future, it is difficult to dive down, the core capital cage for a bird, The rest of the shell is a mascot erected for the media and public opinion.

Yang Wei knows what is going on on Wall Street, how much capital is secondary, mainly they have too many rules advantage, public relations is too powerful, and the world has the right to speak in his hands, he will not underestimate but will never overestimate international speculative capital, as long as he understands his strengths and weaknesses, can make good use of the advantages and disadvantages of home and away, self-confidence and self-improvement, and develop his strengths and avoid weaknesses, he dares to wrestle with international capital, but due to the environment and apprenticeship training system, there must be a solid local fundamentals. A healthy competition soil that can continuously produce local high-quality financial talents, and a cradle that can produce a general school that can organize and command transnational battles.

Inferiority complex is a big problem, it is easy to be intimidated by international capital, there is a Goldman Sachs on Wall Street, and he takes the initiative to post it up. Without national self-confidence, even their own financial institutions and reforms have to ask foreign advisers to help see, there is nothing to say about being grabbed by people in the financial field to make huge profits, what is there to complain about? Capital knows no borders, and the market where Wall Street obtains the most profits is the American market.

This year, in order to resist the tide of Japanese mergers and acquisitions, and in order to avoid the risks brought by foreign capital to US national security, the US Congress passed a special provision of the "Omnibus Trade and Competition Act of 1988, that is, the "Exxon-Florio Clause"), which initially established a national security review system for foreign mergers and acquisitions in the United States.

In order to resist unscrupulous international capital, the U.S. Congress has been building fences, and many European parliaments have been building barriers, not only to prevent foreign investment, but also to prevent their own capital, just to lock up capital.

There is no hero, even if Yang Wei is reborn, what tricks can he have, there is no rut at all, he can only go on his own, at least he knows the simple truth of not demolishing his own market, there is a carnivore instinct that the beasts outside have to catch up, and this is so simple that it is almost an instinctive truth, until later generations, many people still can't understand it, and they don't even have the instinct of carnivores, how to bite with international capital predators? Dogs travel thousands of miles to eat, wolves travel thousands of miles to eat meat, even carnivores have ranks, if there are no tigers in Middle-earth, who will stop the jackals when they come?

Capital predators are not qualified to be called capital predators if they have sufficient capital, such as the sovereign funds of Singapore and some countries in the Middle East, the Vatican has small coffers, and like China, since ancient times, the temple is full of large lenders, religious banks, abbots and chairman of the board of directors of a bank are normal, and some state-level social security and insurance institutions are also active in the futures and stock and bond markets, but these are qualified to be called capital predators?

The capital predator is actually the world's top private equity, not only participating in investment, but also doing issuance, and also operating in the secondary market. Once the capital predator fails, it will be devoured by other capital predators. The world of capital is so cruel, don't look at the volume, just look at the predation technology.

In the eyes of the public and the media, it is the abundance and expectation that determines the futures, and the performance and potential of the stocks are determined, but transnational speculative capital never sees it that way, in the view of capital, the essence of futures is the purchase and sale contract, and the essence of stocks is wisdom crowdfunding, the first leverage of futures stocks, confidence, the second leverage, is also confidence, the third leverage, or confidence, the rest is all appearances, the value of milk is poured into the river, the horses should be released into the wild, the cattle should die in place, and the bank should give you interest on the bank loan. I don't want to buy a house even if I look for money.

If you think it's a pity that the milk is poured into the river, the horses are released into the wild, and the cattle are left to die, you are one of the people. Feel that the loan should be paid to the bank with interest, and you are also a member of the public. I feel that the white house is taking advantage, and you are still a member of the public.

The speculative market is a world of distorted values, and it is the smart people who are killed.

Why does capital, even if senior financial practitioners look at the same thing as the general public, have such diametrically opposed judgments?

Where is the value of stock performance and potential in the public's perception that futures are not flat and expected?

This is also why shareholders obviously see that the stock is very good, but it is falling in an uproar, and the supply of futures targets is obviously decreasing, but the forward discount quotation is diving, which feels unreasonable, is it really unreasonable?

Since speculation is allowed, there is no reason for only profit and no loss, when the essence is used to hedge risks, lock in profits of the futures market, is used as a place for contract trading, when the essence of the stock market investment used for financing development has become a place to buy and sell, to earn the difference, profit is the biggest truth, what is the value of the death squad, who is chasing the rise and kill the fall is to enter the stock market for value investment, in order to hedge spot risks into the futures market?

Since it is not for value, why discuss value, because value is a hypnotic drug to convince oneself, and it is also a means for capital to leverage confidence and influence prices.

Therefore, the people who vaguely understood this layer in China, such as Tusan Road, from Hongling Middle Road, Jiefang South Road and Jiazui Lu, formed an early daily limit death squad, and they didn't look at any value, and gambled on probability with the core concept of casino management, but tossed quite happily.

But playing the stock market as a roulette wheel, can you not get yourself drunk, some captains are superficial, but they understand the meaning of walking on thin ice better than the public, death squads, death squads, famous directors don't use their own money to film, they all know that sooner or later they can't stand it, so they will retire in fear as soon as they have the opportunity, which has produced the earliest batch of private private equity traders in China, from the early stage of the capital operation entrusted by the boss, the medium term to raise funds in a small area, and the later growth into a legal trust and a real sense of the fund.

The reason why Yang Wei would rather take some risks to get the license during the window period is that he doesn't want to start taking the road of private equity, once he is trapped in the joyful atmosphere of Zhu Hai's underground speculation in the Hang Seng Index, facing the entrustment of funds from all parties, the demons and monsters from all directions will have to be contacted, then it is not only mixed with the financial world, it is estimated that his seniority in the green forest will not be low in a few years.

That's okay, once it is labeled, FATF and Egger League anti-money laundering lists have to be registered, the past dormant account will be lit as soon as the international wire transfer system is activated, and the anti-terrorism company will have to ride a broom all over the world to play with him, and then he wants to play magic at home and abroad, but it is difficult to climb to the sky, because there are eyes in front and back, left and right, there is no place to move, and if he is seen through once, he has to say goodbye to the stage.

Yang Wei has a good nature, so he naturally doesn't want to make a stain for the start-up fee, so he said to Sun Fan very seriously: "We have to touch the bottom of Harbin City first, the size of the plate is second, whether the key team is united, don't make a bunch of bad things down, and we don't wait for us to pay back the account." ”

Sun Fan spit out a smoke ring and smiled: "Why, I can't understand your account, what level does the local audit have?" ”

"Don't pretend to be confused, this is not Hong Kong, as soon as the demon mirror comes out, do you really use the chain of evidence to fit it tightly? Even if the royal barrister comes, he will give it in vain, and he can't even hand it in? Yang Wei rolled his eyes.

Sun Fan said with a smile: "This is easy to do, let the worm go, he can connect to the northeast area, aren't you afraid that people will take a bath for the account?" ”

Yang Wei said angrily: "What are we doing in charge of others, anyway, the accounts related to us must be clear, and the bank deposit and transfer bills must be accurate. ”