Although Tang Bao is young and slightly immature, no one dares to underestimate him, a small boss, jokingly, who dares to despise the owner of an investment group who can take out 50 million US dollars without blinking, so when Tang Bao spoke, everyone listened very seriously.

"I believe everyone will be very concerned about one thing this year, the price of crude oil! I am also very concerned that the current oil price is $21 per barrel, and according to my speculation, there is still a huge downward trend in oil prices in the next few months, perhaps to about $10. Tang Bao said that his intention is also very obvious, intending to short crude oil futures. He remembers that the price of oil plummeted during the year for a number of reasons.

After the first and second oil crises, the price of oil skyrocketed from $2 per barrel to more than $30, resulting in a sharp increase in oil production; At the same time, the two oil crises hit the economies of developed countries such as Europe and the United States hard, and the demand for oil fell and the oil market languished.

In order to encourage consumers to consume oil and regain market share, OPEC changed its oil policy last year, abandoning the policy of limiting production and guaranteeing prices, and replacing it with a competition for market share. In particular, Saudi King Fahd announced that he would increase oil production and sell oil at low prices, seizing the market, causing great chaos in the international oil market, and other oil-producing countries have reduced prices to sell oil. The oil price war of oil-producing countries has hit international crude oil prices hard.

And.

The decline in crude oil prices may be very closely related to the US government's global strategy, and in fact, it was after a high-ranking US official visited Saudi Arabia that Saudi King Fahd suddenly announced an increase in production to start a price war, without warning.

Why do Americans want oil prices to fall?

At this time, the United States is the largest oil importer, and the fall in oil prices can reduce spending and reduce the international trade deficit. This is secondary, and the other effect is to hit the Soviet economy. The confrontation between the United States and the Soviet Union was fierce, and the largest source of foreign exchange for the Soviet Union was oil exports, and a collapse in oil prices could hit the Soviet Union's already weak economy hard.

Although Horst felt that Tang Bao's words were a bit alarmist, he still listened quietly and did not raise any objections. After all, it was the first time the boss made a speech, and he didn't want to interrupt halfway, and there was indeed news of oil in the market, he also felt that oil prices would fall, but he thought that the decline was not as exaggerated as Tang Bao said, so he decided to discuss it with Tang Bao in private.

"Well, this time the operation of crude oil futures is in charge of Horst, according to the two-month prediction that the price of crude oil will fall to $12, and 30 million dollars will be invested." Tang Bao remembered that the price of crude oil began to rebound when it plummeted to $10, and for the safety of funds, he specially raised the forecast oil price by two dollars.

"Yes."

Horst replied.

He wanted to wait for the meeting to have a big discussion with Tang Bao on the issue of crude oil futures, but he didn't expect Tang Bao to make a decision directly.

"I am unwavering in my judgment of the decline in oil prices, and I hope that our first action of Phoenix Investment Group will win a big victory and make Phoenix Investment famous." Tang Bao seemed to realize that Horst would have objections, and blocked the words in advance. There is no way, Tang Bao said that the price of oil fell to ten dollars, which is really sensational, no wonder Horst is uneasy.

Next, Tang Bao talked in detail with Horst and others about his judgment of the reasons for the decline in oil prices, as well as some of his own thoughts. Everyone listened very patiently, but they spoke very little, or they did not agree with Tang Bao's judgment on crude oil prices from the bottom of their hearts.

on this.

Tang Bao can understand everyone's feelings, the two oil crises have led to a sharp rise in oil prices, although oil prices fluctuate hugely, but they have been maintained at more than 20 US dollars per barrel, at first glance when they heard that oil prices will fall to 10 US dollars, it is difficult for anyone to believe that they are more willing to believe that oil prices will fluctuate slightly in the short term.

"Boss?"

Horst couldn't help but be a little worried. Now that Phoenix Investment has a total of more than 40 million US dollars, Tang Bao has gambled most of his money on the fall in oil prices, and the risks he has to face are too great.

"Hey, Horst, you have to trust your boss's eye." Tang Bao smiled confidently.

Can't.

Seeing that Tang Baotie was determined to bet on the decline of oil, Horst could only smile bitterly and nodded, who let himself be a part-time worker.

……

"The rest of the money is used to invest in stocks."

"Okay."

Horst replied excitedly, Tang Bao only explained the investment in stocks, and did not say anything else, which means that all the investments are arranged by himself, and he is completely responsible for stock investment, although the boss is Tang Bao, but the rest of the things are up to him, how not to make him excited.

Of course. This kind of full responsibility must have a premise, that is, the portfolio he has made can achieve good returns, if his investment losses or returns are not satisfactory, he will lose this right, or even directly roll up and leave, Horst knows very well.

This question.

Tang Bao and Horst are tacit!

In the area of stock market investment, the reason why Tang Bao let go is because he really doesn't have any constructive suggestions, so he simply gives full authority to let go.

In fact, there are many stocks with great potential in the U.S. stock market, but considering the stock market crash next year, it is not the most ideal time to buy stocks in large quantities now, so Tang Bao did not act rashly after acquiring Microsoft shares, and he planned to invest most of his money in the Japanese stock market. Japan's economy is in full swing, the stock market and real estate market are soaring like a rocket, even next year's stock market crash will not be able to stop the pace of the Japanese stock market, at this time to invest in Japanese stocks, the return is absolutely amazing.

"That'...... Venture capital department? ”

"Let it go for now."

Tang Bao sighed secretly, Horst is also the manager of a small fund company, and his network resources are very limited, so he has not found an experienced venture capital elite. Venture capital is a kind of high-risk and high-return investment, the risk of investment failure and capital loss is very large, to engage in venture capital, we must have a unique strategic vision, we must have a professional and programmatic investment decision-making mechanism, and we must also have our own insights and prospect assessment of the field of investment.

So.

Horst didn't dare to recruit employees who were engaged in venture capital at will, and it was easy to invest the money, but it was up to you to get it back.

That's it.

Tang Bao's first meeting at Phoenix Investment ended and determined the first action after its establishment, shorting crude oil.

Soon.

Tang Bao and Horst came to the commodity exchange with nine traders, opened accounts, and entered the market.

Sell, open a position.

The quality of the traders recruited by Horst was very high, and in less than a day, he completed the task of opening a position at an average price of $20.15. Tang Bao took 20 times the leverage and only needed to pay 5% of the margin, so the $30 million fund supported 32,500 short orders.

After the position was opened, Rao is calm Horst also sweated on his forehead, "Boss, we use 20 times the leverage to hold such a short position, in case there is a trace of unfavorable news in the crude oil market, it will cause great losses, and even if you can't add margin in time, you will be forced to close the position." ”

Tang Bao's gamble with a full position that left no room for anything frightened Horst.