Ford Motor Headquarters, Dearborn, Michigan, USA

"Django, there was a lot of disrespect just now, please bear with me, but I believe that you are a person who does big things, anyone who does big things, is not informal, in order to compensate you, I plan to open a securities account with Merrill Lynch and subscribe to your G3 fund, right? Of course, the threshold of 200,000 is not a problem, but I also wonder, funds have always wanted customers to subscribe as much as possible, why do you set a limit of $1 million for a single account? That doesn't make sense, does it? ”

Serena William laughed as he said and got up and shook hands with Jiang Yelin again, the two sides are almost as tall as ever, of course, William William is 36 years old, and he is only average in appearance among Americans, but he still invisibly exudes the style of this noble son, and of course it can't be compared with Jiang Yelin's appearance and appearance, but what makes Serena William secretly strange in his heart is that the Asian young man in front of him, while his eyes are clear, the aura of a valuable person contained in his body is not even worse than his own, It was an amazing feeling for him.

As the saying goes, money is strong and courageous, at the age of Django Ye, he is either a child of a rich family, otherwise he should not give people this feeling, Serena William was full of curiosity about the young man in front of him.

"Dear Crane, since I can call you Crane, then we are our own people, although the G3 fund focuses on investing in big blue chip stocks, it is an aggressive fund, and intraday trading is the main means of the G3 fund, so there is also a high risk behind the high yield, so the subscription share of a single account is limited to 1 million US dollars as the upper limit, the purpose is also for the safety of customer investment, eggs can't be put in one basket, right? What's more, this is also to enable the G3 Fund to serve more customers......"

Jiang Yelin explained, while taking the Cuban cigar handed over by Serena with a smile, skillfully opened it with the scissors on the coffee table, smiled and refused the lighter handed by Serena William, took out the lighter from his pocket and lit the cigar in his hand, the two men with a 12-year-old age difference smoked a few puffs of cigars on the sofa in the office, talked about the weather in New York and Dearborn and even the perfume brand used by the beautiful secretary Susan, and Serena William turned the topic to depth.

"Django, I'm curious, it's been less than a month since G3 was founded, how did you manage to make a 22% gain from the big blue chips in such a short period of time? Of course I know what day trading is all about, but aren't you worried about being charged with stock price manipulation for profit? The SEC gang is staring at the market, based on the 98 million shares of the G3 fund, plus the net value of 1.22 units, the net assets of the G3 fund are almost $120 million, right? With such a large amount of funds, even on the big blue chips, if the intraday trading accounts for the proportion of daily transactions, it will not be small, right? ”

Serena William served as the head of R&D and financial investment at Ford Motor before serving as executive vice president of Ford's public relations and media division, and has always been very researched in securities investment, but in the U.S. securities market, even the most famous hedge funds or arbitrage traders, the trading frequency is at most weekly, and the trading volume of G3 funds can be more than 20 times higher in a single week, which is simply crazy in the eyes of others!

"The original intention of the G3 fund to invest in the big blue chips will not change, of course, we can't guarantee that every transaction will be profitable, intraday trading can minimize the uncertainties, you must know that many times after the market closes, the boss company's various announcements or news will be overwhelming, so under normal circumstances, the G3 fund will take an offensive in intraday trading, and before the close will take a steady defensive posture depending on the market situation, for example, we short GE in the second week at the same time, buy Ford shares for defense, Ford's share price chart has proven surprisingly strong, adding 6% to our net unit value in a single week based on Ford's chart alone......"

Jiang Yelin seemed to be both unwary and unreserved to Serena William about the operation of the G3 Fund, which made the Ford family heirs have the feeling of seeing the clouds and the sun, and looked at the Asian young people in front of him with more sympathy than just now, "Django, I still don't understand, what is the purpose of the G3 Fund to buy Ford shares?" In terms of market share, stock price, and market capitalization, we are not as good as General Motors, although this should not be said by me, the Ford family, but the truth is still true, right? ”

"I don't see it that way, buy Ford because Ford is more in line with the G3 fund investment orientation than General Motors, in the vast analysis report of Merrill Lynch Securities Research Department, I came to a bold speculation, if the market rumors are true, then GE tried to acquire Sweden's Saab Automobiles, there should be a big reshuffle in the U.S. auto manufacturing industry, I analyze that even if GE really intends to acquire Saab Automobiles, it is more for the aircraft manufacturing business in Saab Automobiles, then, Saab Automobile's automobile manufacturing business is likely to be spun off and transferred to a third party......"

Jiang Yelin's words made Serena silent, in fact, the analysis report produced by the elites of the Ford Motor Strategic Planning Research Institute is the same, GE is a giant in the US stock market, a GE's market value is more than the market value of the three major American automakers combined, if GE really wants to get involved in the automobile manufacturing industry, I am afraid that the object of acquisition is not Saab Motors, which produces 150,000 luxury sports cars per year, but opponents of the magnitude of General Motors, Ford Motor or Chrysler.

"Saab produces only about 150,000 cars a year, so I don't think the ownership of Saab will have much impact on its North American automakers, right?" Serena William's gesture is quite in line with his role as a tall Ford heir, of course, everyone knows that the sales revenue of 150,000 high-end luxury sports cars is worth 1 million mid-level cars or 3 million Volkswagen models, and the production of Saab cars is inversely proportional to his price, not to mention that the output of high-end top cars from major manufacturers has not been too high.

"I said Crane, in fact, three years ago Ford should have won Saab cars, of course, it is not too late, Saab cars' sales revenue and profits have rebounded from the bottom, I imagine that if Ford takes Saab into its command, on the one hand, it can form a strategic alliance with a big guy like GE, on the other hand, it has dug a corner of GM, as the world's No. 1 automobile manufacturing company in terms of production and market share, GM's development potential is far less than that of Ford, which ranks second. This is the fundamental reason why my G3 Fund has made Ford a key investment focus! ”

Jiang Yelin's words made the long-dormant ambition in Serena William's heart boil again, but he still maintained the necessary caution, Wall Street agents are all guys who eat people and don't spit out bones, and the handsome young Asian guy in front of him is talented, but will it just use Ford as a tool for arbitrage or even a tool for speculative sheep shearing? In addition, insider trading is the focus of the SEC's crackdown, so how can we avoid potential cooperation between the two sides and bypass the reef of insider trading?

"Django, you said that the analysis report on GE's acquisition of Saab Motors was unearthed in those analysis reports of Merrill Lynch Research? Isn't it a rumor spread by the market with ulterior motives? From the point of view that the beneficiary is the biggest suspect, Merrill Lynch is likely to be charged with being a behind-the-scenes manipulator, do you think you can get away with it then? Serena William stared at Jiang Yelin's eyes tightly when she said this.

"Well, what I can guarantee is that the G3 Fund has neither manipulated the stock price with false transactions, nor has it received any insider information about General Electric, General Motors or Saab Motors, and our consulting comes from the vast market and various open media, from the Wall Street Journal to the New York Times, from financial TV programs to financial programs on the radio, the information we use as the basis for investment decisions comes from the open market, and, theoretically, after visiting you today, I will write a report on the way back. Handed over to the company for archival backup, in order to avoid insider trading, our precautions are careful and careful enough. ”

Jiang Yelin's kung fu honed when he practiced in Panjiayuan is indeed good, and the result of taking the truth as the truth is that no matter what he says is three points of truth or seven points of truth, in the eyes of himself and outsiders, that is, the gentleman is frank and open, you can't say that the reports and news in the Wall Street Journal, the information and news in the financial program, can not be the basis and starting point for the day trading of Merrill Lynch securities fund managers, right?

"I think I can rest assured when you say that, but the style of the G3 fund is so aggressive, I'm worried that if you buy Ford stock today, you will cash out at a high level or even sell short tomorrow, so won't Ford be played by you to applaud? How can the two sides develop promising and mutually secure cooperation? Serena William released a tentative balloon to find out what this Django had come all the way to visit him and what he wanted to get from him. It can't be inside information anyway, right?

"This, Crane, does not rule out any form of cooperation between us in the future, Merrill Lynch itself is also your Ford Motor's market maker, to take the simplest example, if Ford Motor because of the acquisition of 10 million additional shares of Class A ordinary shares, Merrill Lynch Securities can not only underwrite, but also underwrite the additional shares, G3 Fund and Merrill Lynch's funds can also be used as strategic investors to subscribe for these additional shares...... Of course, this is only an assumption, the prospects for cooperation are extremely broad, and as the manager of the G3 Fund, all I can say is that the G3 Fund is not prepared to profit from any insider trading, and at the same time help our partners to avoid this suspicion! ”

When Jiang Yelin left Ford's headquarters, both sides felt that they had received the answers they wanted from the other side......