Chapter 323: Disaster Fortune
"Are you kidding?"
Raymond is now the head of Plutos' tens of billions of assets, and Daniel has rarely done this kind of stock market speculation lately, so he hasn't touched his old business for a while. This time, if it weren't for the opportunity that was very good and the new investment in MGM and DD Animation, Daniel would have been in debt. Although there is no shortage of funds for the operation of the entire system, it is certainly what he is willing to do to alleviate the debt pressure.
For Daniel's "mother-in-law", experienced Raymond, he is really confused.
He didn't know if Daniel was joking, or if he really thought it was bad to make a fortune.
In fact, for Raymond's previous speculative work, hurricanes, wars, Hainan, oil spills, economic crises, etc., all kinds of disasters that may make a large number of people want to jump off buildings, are good opportunities for him to make a fortune. He started this job with the Asian financial crisis in the mid-90s, and he didn't have a lot of experience, which is why Daniel was able to hire him as his investment manager in the first place - the price is not high! However, it is clear that this young low-level employee who previously worked at Goldman Sachs is quite talented, and now he is on an equal footing with the CEO of Goldman Sachs.
"Well, I know it's kind of like 'crocodile tears,' but when you think about people who might lose their homes, their loved ones, their lives in a hurricane, you always feel like it's not a good thing for us to take advantage of. Even, if we want to earn more, we have to expect hurricanes to be more powerful. β
"Oh," Raymond stopped typing, "you went to Africa and it seems to have become more emotional." Daniel, you should know that no matter what you and I think, a hurricane should or will happen, and our will will not have any effect on it. Then any consequences it causes. It has nothing to do with us. We're just investing, and we're seeing that crude oil prices can fluctuate, so I'm putting billions of dollars into it -- and even though I don't know how to hedge against the risks of doing so, I've decided to trust you, because you've always been right. Okay, can you break it down with me? I would really like to know, if you talk about the Iraq war in 2003, you have inside information. So this time, are you also connected to God? Why do you believe that hurricanes will have such a huge impact on oil-producing regions and refineries? β
"It's going to ravage the Gulf of Mexico, and the oil fields in the Gulf of Mexico are vital to the United States. The center of the hurricane said it had a shocking wind scale. Daniel saw Raymond looking at him disapprovingly, and if he heard this answer, he wouldn't believe it, and shrugged his shoulders, "Well, I actually dreamed about it, you know I dreamed about it when I was 911." β
"Is this true?"
Raymond was dumbfounded, "Are you really only taking the current steps because you dreamed of this disaster?" β
"Yes. Pretty capricious, isn't it? But my intuition helped me a lot. β
"Uh-"
Raymond didn't know what to say, and after 911, Daniel was confirmed to have had a premonition, and left it in the blogger's private article. Coupled with the Vogue interview, the vast majority of people believe that Daniel received the oracle at that moment. But the group of scientists believes that this so-called prediction is extremely coincidental, and people often have some ideas or so-called "predictions". But very few of them will become a reality. Generally speaking, predictions that do not come true are not known, and occasionally a blind cat hits a dead mouse, and it will be widely reported.
So. That in itself didn't cause him much of the trouble - of course, Daniel was now on the list of many paranormal inventories.
As Daniel expected, the hurricane ravaged the Gulf of Mexico, halting the upper half of the Gulf's oil fields and forcing the closure of seven large refineries and a major oil transshipment setup.
On August 29, the price of crude oil futures on the New York Mercantile Exchange opened sharply.
Raymond bought 20 million barrels a few days ago at $65.8 a barrel β not that he couldn't raise more property, but this time, unlike the Iraq war, Daniel could hold back the rally if he bought too much. In half a day, the barrel rose by $4.67, and when Raymond rose to $4, he sold and went short.
On the 31st, the president announced the use of the Strategic Petroleum Reserve, and the price of crude oil fell in response to the cry - but the decline was limited, and the oil reserve needs to be made up, as long as the supply remains the same, the greater the demand, the higher the price, that is for sure. Therefore, it is still the mainstream to buy up, but it does not exceed the price of Raymond's short orders sold on the 29th.
But it wasn't until September 2 that the International Energy Agency announced that the 26 member states had agreed to launch 2 million barrels per day of the Strategic Petroleum Reserve (SPR) out of the market for a month to ease a possible demand crisis. This completely destroyed the confidence of funds in the price of crude oil, and the price of crude oil on the New York Mercantile Exchange fell in response.
Raymond immediately bought and closed the short order.
It took 5 days for this transaction to obtain nearly 400 million net income for Plutos, and Raymond couldn't help but breathe a sigh of relief after doing everything.
Daniel didn't stay here all the time, everything was led by Raymond, and at the end of this operation today, he came over on purpose, and now he saw Raymond's de-strengthened appearance, he couldn't help but laugh at him, "Raymond, obviously you don't have the quality to do this work anymore, tsk, money and a good and comfortable life have corroded your will." β
Of course, all that was exchanged was a roll of Raymond's eyes.
"Seriously, Daniel, if you have any dreams in the future, be sure to tell me, such as a financial crisis or something."
"Haha, do you really think that I raised more than a billion dollars to do this because of a dream? I'm not crazy, I'm not going to have to gamble like crazy," Daniel can't make himself a god, at least not to sit on the facts, although he doesn't worry too much about being caught and investigated, after all, in the United States, a billionaire can't be secretly imprisoned by any agency unless he dies himselfβthis is a country built on dollars and rich people, and no one will allow this to happen."
"Hurricane centers can be trusted, and obviously, neither Louisiana nor Mississippi, nor even Alabama or Florida have a complete hurricane contingency plan, and once it is true that this is a record-breaking hurricane, as the hurricane center says, the impact and destructive power that could have can be imagined. Moreover, the price of oil is always susceptible to manipulation. β
All the words are not as powerful as the last one.
Raymond knows very well how dirty the deals behind money and oil are, and that the oligarchs are using this opportunity to manipulate the stock market and grab their wealth within reasonable limits, and if Daniel has inside information, knows that someone is doing it, or even knows when the president will announce the use of strategic reserves, and when the International Energy Agency will announce the expansion of supply - then it is only natural that he can accurately know when to go in and out.
It's just that if everything is as he thinks, then Daniel's connection with the American political and business circles may be far greater than he imagined. (To be continued......)