Chapter 159: National Idol

Although Wu Yue has disappeared in the past two days, he is still the hottest person in the country.

A crazy genius that both Warren Buffett and Soros admit.

Well, in the eyes of many people, the admission of Buffett and Soros excites them even more than the fact that Wu Yue made a billion dollars.

It's a sign of lack of self-confidence and a cult of celebrities.

This is reflected in many things in China, and we are taking a different path from the West, but we want to be recognized by the West.

Many media have quoted Buffett and Soros, and then hyped it up, so it can be said that the media on Saturday and Sunday are constantly touting Wu Yue.

Although he did not shout like some fans that the financial emperor could dominate the world, the media also felt that Wu Yue could become a phenomenal investor like Buffett and Soros in the future.

New. Lang just issued an announcement of cooperation with Wuyue, and the stock price rose by more than 50%, which is the impact of phenomenal investors on the market.

Warren Buffett has this influence in the stock market, and Soros has this influence in the foreign exchange market.

Some bricks even say that the country needs a phenomenal investor, which is a nuclear weapon in the financial field, which can defend the interests of the country in the capital market and prevent the wealth that China sacrifices resources and environment in the capital market to be cut by Western countries.

However, Warren Buffett's influence on the market is based on decades of stable profits, while Soros is based on challenging the Bank of England and creating a crisis in Southeast Asia.

Obviously, everyone has no patience to wait for Wuyue's stable profits for decades. Therefore, everyone planned a path for Wu Yue, that is, to become the richest man in the world within a few years.

In that way, even if Wu Yue is young, he will become a phenomenal investment master, making countless investors his followers, so as to call for wind and rain in the capital market.

Well, a lot of people like to point fingers at public figures and design a course for them. It's like basketball fans are always discussing which team Da Yao should go to and who to build a dynasty with. Fans feel like their idols should be with which star they are.

There are even bricks who call on Wu Yue to stop donating, because the two billion he donates may be 20 billion next year, and 200 billion the year after next, and it will not be too late to donate when he becomes the richest man.

Somewhat surprisingly, this statement is also supported by some people.

Under the heated discussion of the whole people, Wu Yue's meager fans exceeded 15 million in two days, and people who did not pay attention to Wu Yue before paid attention to Wu Yue and wanted to see the life of this financial genius.

New. Lang also urgently formulated a series of promotion activities, preparing to build Wuyue into a national idol, and at the same time promote meaggery.

For there is speculation among Wall Street fund managers that Wu Yue may suck. In the case of poison, Cao Guowei, Pan Shiyi, Ren Zhiqiang and other bigwigs who played meager things all made a meager gesture, strongly supported Wu Yue, refuted the bad intentions of the Americans, and induced Wu Yue to fall.

Zhang Chaoyang also told the media that Wu Yue does not smoke, rarely drinks, has strong self-control, and cannot be contaminated with drugs. As for women, fair ladies and gentlemen are good. It is normal for young people to be more romantic, but he has never seen a woman around Wu Yue.

In the past, because there was no entertainment version of the reporter to follow Wu Yue, and Wu Yue was careful, no reporter photographed Wu Yue and Meng Tong.

The reporter went to Wuyue School for an interview, and the teachers and students of the University of Finance also proved that Wuyue had not been in love before, and even rejected two girls who pursued him.

Some time ago, he and Li Wen kissed downstairs, suspected of being in love, but within a few days, Wu Yue went to the capital, so whether the two were in love or not, they didn't know what to do.

In short, everything that has been widely circulated proves that Wu Yue is a perfect idol.

After both Warren Buffett and Soros admitted that Wu Yue was a genius, the media also picked up all the predictions that Wu Yue had made.

3478 points will become the highest point in the next few years, the Dubai crisis will not affect the economy of the world, the Dubai property market will continue to fall, the European debt crisis, and the price of Moutai will soar in 2010.

The price of garlic has doubled in a month, and your garlic prediction is accurate.

It is unknown whether 3478 points will become the highest point in the next few years, but he and Ye Mad Dog gambled that the market could not break through 3478 points within a month, but it was a victory.

Later predictions have yet to be verified.

But the first two have verified Wu Yue's investment vision.

After sending two meager ones, Wu Yue also started his first foreign exchange transaction.

On the night of the business, Wu Yue's personal financial adviser Williams called Wu Yue, and with his efforts, Citibank approved 200 times the leverage for Wu Yue.

Of course, Wu Yue also knew that this was mostly Williams's request for credit, even in the United States, investing a million dollars is a big customer, and it should not be difficult to apply for higher leverage.

Citibank has sophisticated monitoring techniques that allow you to close your position immediately when you don't have enough margin, and the financing they provide generally does not result in losses.

Only when a few plummets and rises, and the counterparty cannot be found in a short period of time, there will be a phenomenon of liquidation, that is, the customer loses the margin, and there is a negative number, and the loss at this time is Citibank's money.

At that time, the higher the leverage, the greater the loss. Maybe Wu Yue's reputation did not play a positive role, but made the people of Citibank a little scared, after all, this is the crazy genius that Buffett and Soros said, who knows how much money he will invest in foreign exchange in the future, so he gave this not high leverage.

Wu Yue's plan was to short the euro, and after Fitch downgraded Greece's credit rating, the euro began to fall.

In the future, the European debt crisis will continue to ferment, the euro will continue to depreciate, and gold will fluctuate for a period of time, so Wu Yue wants to turn to speculation on the euro, which is simple.

Wu Yue sells EUR/USD at 1.4650, which means selling euros and buying US dollars.

A standard contract is worth 100,000 euros, and Wu Yue's leverage is 200 times, which means that he only needs 500 euros to make a contract, and the fluctuation of one point, that is, 0.0001 is ten dollars.

Most of the time, the daily fluctuation is 100 to 200 points, and a standard contract fluctuates between $1,000 and $2,000.

Wu Yue sold 200 standard contracts, and the frozen margin was only 100,000 euros, less than 150,000 US dollars, but the daily fluctuations were between 200,000 and 400,000 US dollars.

If the euro rises by 425 pips against the dollar, Wu Yue will need to increase the margin, otherwise Citibank will start to close the position.

In this transaction, Citibank will sell 20 million euros and buy the corresponding dollars.

London gold can be said to be just a numbers game, the dealer does not need to provide financing, and the loss of funds is the money invested by the participants. Wu Yue made a billion dollars, and someone lost a billion dollars, of course, it may not be one person who lost, but many people lost money that Wu Yue earned.

For foreign exchange margin trading, Citibank needs to provide financing, so that Wuyue's transactions can really appear in the foreign exchange market, and with the increase of funds, the leverage provided by the bank will gradually decrease.

Otherwise, if you invest a billion dollars, the leverage is 100 times, and the cross position operation, Citibank will have to provide close to 100 billion US dollars of financing, even if Citibank is a financial giant, it will not be able to provide so much financing to a customer.

Of course, if you only play in the futures market, there is no such problem, how much you invest, the trader will not reduce your leverage, but the transaction needs a counterparty, even if you dare to operate a trillion dollar trading, but you may not be able to find a counterparty.

On Friday, December 11, London gold fell more than a point to close at $1,115 an ounce, and Wu Yue's short order floated more than $1.2 billion.

Wu Yue and Meng Tong left, Wu Yue Charity Fund did not stop working, but under the auspices of Wang Ting, began to provide external assistance, because of the large number of requests for help, some staff worked overtime on Saturdays and Sundays, constantly reviewing the situation of people seeking help, and at the same time allocated a large amount of relief funds.

The fund started its official work on Thursday, and with the time for review, it was only four days, and more than 50 million donations were allocated, which made Wang Ting a little apprehensive.

She didn't bother Wu Yue and Meng Tong when they were on vacation, but after picking up the two at the airport, Wang Ting immediately talked about the operation of the fund and asked Wu Yue if he wanted to tighten the review of the fund.

Wu Yue's reply to her was naturally negative, but it was necessary to speed up the construction of the website and let the public join in the supervision of the charity to prevent anyone from defrauding the donation.

(Thanks to the book friend "Ma Huafeng" for 100 rewards, book friends "yr Yellow River", "Sunset under the Sea of Love", "No Love in My Heart" 588 rewards)