The email was quickly delivered to Julian Robertson's desk, and the contents were known only to "Tiger". In fact, behind the whole thing, Julian Robertson is manipulating, and the rest of the Tiger Fund and others don't know anything about it.

"The bitch raised it, if it weren't for this email, he would almost have been deceived by them again!"

Julian Robertson, who rode his iconic extended Lincoln to work, was in a good mood, the weather in Manhattan was good on this day, and the old "tiger" who had passed the age of sixties was still energetic, and even in some ways was not inferior to young people, looking at the crowded streets of New York, Julian Robertson, who was extremely happy, even hummed the school song of the University of North Carolina.

College is the hometown of Americans, because the United States is a country on wheels, so frequent moving has become commonplace, usually ordinary middle-class families will move to another place after living in one place for a few years, this mobility has caused Americans to have no concept of hometown, and universities make up for this shortcoming, where they study, grow, fall in love, and some eventually become home. On top of that, there are many deliberately designed elements that resemble "home" to attract many students, and after four years in this environment, most Americans see college as their home.

So even Julian Robertson, who has reached the age of sixtieth, still has a favorite song of the University of North Carolina, humming this song seems to remind him of his own youth, the child who came out of the southern United States.

"One day to go back to school and donate a sum of money. Well...... Last time it was business school, this time it's ......" Julian Robertson's thoughts raced quickly. When I thought of my alma mater, I thought of donations, and I lowered my head and pondered. It is no wonder that after taking a large amount of money in the Hong Kong capital market, it soon made a lot of money in the Korean won market.

But this good mood and thinking about the recipient of the donation soon disappeared without a trace, and was replaced by a rare outburst, when Julian Robertson habitually turned on the computer. When checking the mail. Discover Rodney. After Jones's report on the Indonesian market, he immediately became angry and scolded him regardless of his image.

For reasons of sympathy, Julian Robertson maintained good personal relationships with Soros, Druckenmiller, and others. The two sides worked together to make the wind and rain in the market. It has successively cooperated in the attack on the British pound, lira, Spanish peso and other currencies in the European monetary system. Later, they also joined forces in the LME copper market, and a few months ago they also participated in the attack on the Thai baht. But these are only appearances, once they threaten their own profits. The speed at which the two sides turn their faces is definitely faster than turning the pages of a book.

Now it is such a situation, although it has not deteriorated to the point of turning around, but Julian Robertson has secretly saved his hand.

Having always suspected that the Quantum Fund and its supporters were sabotaging their currency attack plan, Julian Robertson had secretly held a grudge against Soros and others, and now he received such an important piece of news that he did not share with his allies, which made Julian Robertson very angry.

It should be noted that while being long the Indonesian rupiah, Druckenmiller and others also encouraged Julian Robertson and others to go long the Indonesian rupiah, for quite good reasons, that is, the IMF will launch a huge rescue plan for Indonesia. After getting the news, Julian Robertson analyzed it with insiders for a long time, and finally came to an actionable conclusion, and then bought about 500 million US dollars worth of rupiah.

After gritting his teeth and resentment for a long time, Julian Robertson calmed down, a pair of green eyes rolled around, and soon several schemes came to mind.

"Boss, where did you get this news from? I have also heard the news that President Suharto is seriously ill in the market, but just yesterday he made a public appearance, breaking the rumors that have been spreading, and I believe that the rupiah will rise again in the near future. Soon, Robert Brown, who is in charge of the Asian market. Setron wrinkled his old face and poured bitterness at Julian Robertson, who looked uncertain.

Although in charge of the Asian market, since the Tiger Fund's offensive focus was on the Korean market during this time, Robert . Setron's frequent flights to Seoul naturally ignore the performance of currencies in other markets, and Tiger Fund's share in other markets is not very large, so he doesn't take it too seriously.

But after seeing the two secret pieces of information about the Indonesian market provided by Julian Robertson, he immediately calmed down, knowing that even if it is the meat of a mosquito's leg, it is still meat. This matter can be big or small, and if it is too big, it may make customers doubt the ability of Tiger Fund to study and judge, and it is his personal dereliction of duty to say that it is small, and if he doesn't get it right, he will roll up and leave.

Seeing a sweaty Robert. Cetron, Julian Robertson nodded noncommittally, he knew very well in his heart that this kind of information was difficult for outsiders to know in the first place except for insiders in high positions, so even if he was held responsible, he could not be held accountable Robert . Setron's head, this time let him come, in addition to beating him, there is another important purpose.

"Well, don't say that it doesn't make sense. Now I give you the task of not only shorting our rupiah position as soon as possible, but also our allies to sell rupiah as soon as possible, which is very important, understand? "See Robert. It was only after ten minutes of standing in a sweat that Setron spoke up that Julian Robertson spoke.

Robert. Setron was a smart man, and immediately followed Julian Robertson's words: "Who are our allies?" ”

"The smaller hedge funds that follow us, of course! Am I so kind to remind my peers who are about the same size as us? Julian Robertson nodded secretly in his heart, but his appearance was thrown to Robert. With a wide roll of his eyes, Setron continued angrily, "Remember, when we're almost sold, we'll let the news out." Remember to be quick. ”

Although it is not clear, Robert. Setron was very interested, and did not continue to ask, and quickly turned away.

"For God's sake, this time I must make you suffer, and let you know that I am not easy to mess with!" Wait until Robert. After Cetron left, Julian Robertson secretly clenched his fists, his face turned pale, and he almost gritted his teeth.

……

"Ms. Zeng, are you not thinking about it anymore?" To Zhongshi's surprise. Zeng Yuanshuang, the financial manager of Standard Chartered Bank, politely refused her request to borrow rupiah.

If it originated in Asia. The most influential banks in Southeast Asia, as the old British banks HSBC, Standard Chartered, etc. are definitely ranked in the top few, although the Bank of Japan has risen in recent years, but HSBC, Standard Chartered, Hang Seng and other banks in the local position is still unbreakable.

"I'm so sorry. Zhong Sheng. First, he gave Zhong Shi a helpless expression. Zeng Yuanshuang continued. "Due to the regulation of the Indonesian government, we don't have much rupiah positions at all, other than that. A lot of banks with rupiah banking have had runs, especially foreign banks like ours, so there's really nothing they can do about it. ”

The young man in front of Zhilu Dao was not trivial, so when he spoke, Zeng Yuanshuang repeatedly emphasized that it was not that they were unwilling, but that they really did not have this ability.

Zhong Shi's brows couldn't help frowning deeply, and after thinking for a long time, he said: "If that's the case, then I'm afraid the situation is similar on the HSBC side, I can't imagine that the current liquidity of the rupiah is so serious, it's just surprising!" ”

Zhong Shi visited Zeng Yuanshuang this time, and it didn't take long for him to ask for a loan of four trillion rupiah, which almost scared Zeng Yuanshuang, although it was only more than 1 billion dollars converted, but where could Standard Chartered get it at this time?

Since there was no share of $1 billion, Zhong Shi lowered the standard and changed it to a $500 million loan, but Zeng Yuanshuang still refused, and the unwilling Zhong Shi was reduced to $300 million, but he was still rejected.

After pretending to sigh for a while, Zhong Shi and Ma Jiarui said goodbye, but as soon as they walked to the door, Zhong Shi stopped again, glanced at Zeng Yuanshuang meaningfully, and said seemingly casually: "Ms. Zeng, if I am not wrong, the liquidity of the Indonesian rupiah will soon recover in the past two days, I hope you don't miss it." After that, he didn't wait for Zeng Yuanshuang to react, and walked away.

Zhong Shi, who couldn't borrow money, had nothing to do, so he could only let Ma Jiarui keep an eye on the rupiah market all the time.

On December 3, since the previous night's European trading, there was a large number of selling orders in the market, and the price was staggeringly cheap, but because the liquidity was so poor, the price of the rupiah did not drop much by the end of the transaction.

However, during the Asian trading session, due to the participation of many Indonesian banks, coupled with the participation of banks in Japan and Singapore, the trading of the rupiah was much more active, but the selling pressure in the European and American hours at night still existed, and it turned to the Asian market, and the unprecedentedly active selling also made Asian banks cautious about trading the rupiah. In this way, the two sides spent a day of bargaining, and in the end, the rupiah fell by 2.8% again, closing at the level of 3,935 rupiah to 1 dollar, and the full-day trading volume is expected to be around 600 million US dollars, a new high since the IMF announced the rescue of Indonesia. Although South Korea and the IMF reached an agreement on a currency bailout on this day, it is clear that it will not help the Indonesian currency market much.

After the market closed, there was a news circulating in the market, that is, Singapore, Indonesia, and Japan will suspend support for the Indonesian rupiah. It's just that they reacted too late, and the long side who didn't get the news was annoyed and bought the expensive rupiah, and the short side secretly hated that they didn't open a little more position, but both sides were resentful of this big speculator who used inside information.

And after the trade ended, Rodney. Jones's report on the rupiah arrived in Mr. Soros's mailbox just too late. Julian Robertson was quite kind, and after using it, he knew how to put things back in their place. He has sold most of his shares, and although the loss is a bit heavy, the good news is that there are other markets that can make up for it.

And after Soros saw this letter, he almost didn't vomit blood, and on this day, his position lost $56 million, although the amount is not very large, but if this email can be reached earlier, maybe it will not lose so much.

I want to ask Rodney. Jones, but Soros took the microphone and thought about it, and put it back again. The momentary loss is not important, and there is no need to chill the hearts of his subordinates, because in this email, Rodney. Jones also revealed that in a week, the Indonesian government will send high-ranking officials to New York to explain their policies to investors.

"Let's make a decision then!" After discussing face-to-face, Soros and Druckenmiller and others missed another good opportunity to sell out of their rupiah positions, which allowed their losses to gradually expand until they were out of control. (To be continued......)

PS: Thank you to the boring monkey and mouse flying of book friends for their monthly ticket support!