Chapter 447: Borrowing the Momentum (I)
Mary Wang and Guo Mengqi have been completely crazy and famous during this time, and every day, many financial media can see reports about them. Mary Wang and Guo Mengqi also enjoy this feeling of being in the spotlight.
"Brother Tianyu, the delivery period of the soybean futures of the American Pioneer Group is the day after tomorrow, should we take action?" Wang Mary took Wang Tianyu's arm and said.
"Yes, you said you were going to clean up the American Vanguard Group." Guo Mengqi also said on the side.
After Wang Tianyu heard this, he remembered that there was still such a thing, and he almost forgot about it. I didn't expect that Wang Meilin and Guo Mengqi still remembered it so clearly, their foreheads couldn't help but be covered with black lines, thinking to themselves, women are really animals who love to hold grudges, it seems that it is better not to offend women in the future, otherwise they will be remembered, and it will be miserable.
"Well, don't worry, what I promised you will definitely be done." Wang Tianyu said with a smile on his face.
"But I wonder if we should change our strategy now." Wang Tianyu touched his chin and continued.
"Brother Tianyu, isn't the American Pioneer Group long a large number of soybean futures? Can't we just do the opposite with them? Wang Mary said with a puzzled expression.
"No, if you pull up the price of soybean futures at the beginning, you may receive unexpected results." Wang Tianyu said with a smile on his face.
"If we pull it up, won't it push the price of soybean futures up, which is clearly a cheap American Vanguard Group?" Guo Mengqi also looked at Wang Tianyu with a puzzled look and said, very puzzled why Wang Tianyu said this.
"Okay. Let me tell you both a story! Wang Tianyu said with a smile on his face. Then Wang Tianyu told the story to Wang Marylin and Guo Mengqi.
It took only 17 years for the famous Hilton to go from being forced to leave his family to become a billionaire worth $570 million, and the secret to his fortune was to borrow resources to run a business. He borrowed resources and turned them into new resources, and finally became the owner of all resources - a billionaire.
When Hilton was young, he wanted to make a fortune, but he never had the opportunity. One day, he was wandering the streets when he suddenly noticed that there was only one restaurant in the entire bustling business district of Youlins. He thought, "If I build a high-end inn here, business will prosper." So, he did some research and decided that a piece of land on the corner of Main Street in Dallas's business district would be the most suitable for a hotel. After finding out that the owner of the land was a real estate merchant named Old Dmick, he went to him. Old Dmick made him an offer. If you want to buy the land, you will have to pay $300,000 for Hilton.
Hilton was noncommittal. However, he hired an architect and a real estate appraiser to calculate "his" hotel. In fact, it was just a hypothetical hotel for Hilton, and when he asked how much the hotel he had envisioned would cost, the architect told him that it would cost at least $1 million.
Hilton is only $5,000. But he managed to buy a hotel with the money. And keep making it appreciate. Soon he had $50,000 and then found a friend and asked him to contribute with him. The two scraped together $100,000 and began building the hotel. Of course, this money is not enough to buy the land, and it is still far from the hotel he envisioned. Many people think that the idea of Hilton is a dream.
Hilton approached Dmick Sr. again and signed an agreement to buy and sell the land for $300,000. However, while the elder Dmick was waiting for Hilton to pay on time, Hilton said to the landowner, Dmick Sr.: "I want to buy your land because I want to build a large hotel, and my money is only enough to build a normal hotel, so I don't want to buy your land now, I just want to rent your land."
Old Dmick was a little angry and didn't want to work with Hilton anymore. Hilton said very seriously: "If I can only lease your land, I have a lease for 100 years, in installments, and the rent is $30,000 a year, and you can retain the title of the land, and if I can't make the regular payment, then please take back your land and the hotel you built on my land." When old Dmick heard this, he turned his anger into joy, "There is such a good thing in the world, the $300,000 land transfer fee is gone, but in exchange for $2.7 million in future income and the ownership of his own land, and possibly including the hotel on the land." So, the deal was negotiated, and Hilton would only pay Demick Sr. $30,000 for the first year, instead of the expensive $300,000 all at once. In other words, it only took $30,000 for Hilton to get the land use rights that should have taken $300,000 to get. Hilton saved $270,000, but that's still a far cry from the $1 million needed to build the hotel.
So, Hilton approached old Dmick again, "I want to use the land as collateral to take out a loan, and I hope you will agree." Old Dmick was very angry, but there was nothing he could do.
In this way, Hilton had the right to use the land, and he successfully obtained $300,000 from the bank, plus the remaining $70,000 after the $30,000 he had already paid to Dmick Sr., and he had $370,000. But the money was still far from $1 million, so he approached a land developer and asked him to work with him to develop the hotel, and the developer gave him $200,000, bringing his funding to $570,000.
In May 1924, the Hilton Hotel opened with a small funding gap. But by the time the hotel was halfway through, his $570,000 had been spent, and Hilton was in trouble again. At this time, he still came to old Dmick, truthfully introduced the financial difficulties, and hoped that old Dmick would contribute funds to continue to complete half of the building. "If the inn is finished, you can own it, but you should lease it to me, and I'll pay you at least $100,000 a year," he said. ”
At this time, old Dmick had already been trapped, and if he didn't agree, not only would Hilton's money not be recovered, but his own money would not be returned, so he had to agree. And the most important thing is that he does not suffer a loss - to build the Hilton Hotel, not only the hotel is his own, but also the land is his own, and he can get 100,000 US dollars a year in rental income, so he agreed to fund the rest of the project.
On August 4, 1925, the "Hilton Hotel" named after Hilton was completed and opened, and his life began to enter a glorious period
Wang Marylin and Guo Mengqi listened carefully to the story and vaguely grasped something.
"What does this have to do with pulling up soybean futures? Do you also want to borrow resources like Hilton? But whose power can we borrow? By what means can we achieve the goal of striking at the American Vanguard Group? Wang Meilin thought carefully and frowned.
"Although you have mixed well on Wall Street during this time, it can be said that the scenery is infinite." Wang Tianyu said to Wang Marylin and Guo Mengqi.
After listening to Wang Tianyu's words, Wang Meilin and Guo Mengqi were both proud.
"But, you know what? You have become the public enemy of many people, and now many speculators on Wall Street want to band together to clean you up. Wang Tianyu continued.
"You're saying let's use their power against the American Vanguard?" After listening to Wang Tianyu's words, Wang Meilin and Guo Mengqi suddenly realized.
"Yes." Wang Tianyu nodded and said.
"Can they do it?" Mary Wang looked suspicious, and even a little disdainful, obviously looking down on those speculators on Wall Street.
"Don't underestimate them, think about how those international financial speculators led by Soros swept through Southeast Asia and defeated the Bank of England, as long as they really unite, it is a huge force." Wang Tianyu said to Wang Mary.
"But how do we get those speculators on Wall Street to short soybean futures?" Mary Wang then frowned and asked, although the method is feasible, but those financial speculators on Wall Street are not stupid, and they may not necessarily do what Mary Wang and the others envisioned.
"It's easy to do, just lure it over." Wang Tianyu said with a smile on his face.
"Is it that easy?" Mary Wang was still a little skeptical, obviously not having much confidence in this.
"I said yes, then yes, don't you even believe my words?" Wang Tianyu gently knocked on Wang Mary's head, very dissatisfied that Wang Mary actually questioned him.
"Okay, we'll listen to you this time and you!" Wang Mary rubbed the place that was knocked by Wang Tianyu and said with a smile.
"Okay, that's it, I'll arrange it first, you go to your queen's fund and wait for me first, I'll go over later." Wang Tianyu said with a smile.
In the office of the Empress Fund, Wang Marylin and Guo Mengqi were already ready to go, and they would take action immediately after waiting for Wang Tianyu's order.
"It's now nine twenty o'clock, remember, at half past nine, you will immediately pull up soybean futures, you only have five minutes, five minutes later, you will throw away all the soybean futures you bought before, and you must strictly enforce it, otherwise you will be trapped in it at that time, don't blame me for not reminding you." Wang Tianyu said to Wang Marylin and Guo Mengqi again.
"Got it." Wang Meilin and Guo Mengqi nodded.
As soon as half past nine o'clock in New York time, the fingers of Wang Marylin and Guo Mengqi kept flying on the keyboard, and one by one the orders for buying soybean futures entered the futures market.
The price of soybean futures rose rapidly in an instant.
$950, $970, $990...... (To be continued......)