"What do you mean?" Rogers grabbed his pipe and looked at Thoros standing in front of the windowsill with a frown.

"He doesn't look like someone who is going to show his cards so easily."

"Or maybe you're thinking too much about him. Did Robert say anything? ”

"Robert? He's just here to come over for dinner! ”

"He hasn't changed at all." Rogers laughed and put his pipe in his mouth, then spat out a large smoke ring, "We haven't changed. After this deal, old man, I want to rest for a while. ”

"How?"

"I don't care if it's the Rothschilds, or the IMF, or the federal government. I've done enough for them, it's time to keep doing what you want to do. ”

"You want to travel around the world again?"

"The round-the-world trip hasn't been decided yet, but it's already in the plan. I'd love to go back to Colombia right now! ”

"Being a visiting professor is not a good job."

"Remember when I told you about commodity indices?"

"RRMI (Rogers Raw Materials Index)?"

"I want to use my time in Colombia to refine this set of indexes, with me?"

Soros shook his head, Rogers' advanced securities analysis course at Columbia University even Buffett couldn't help but applaud when he heard it, but unfortunately Soros was not interested, his interest was not in theory, but in the practice of theory.

Rogers continued to spit on the smoke ring, not saying anything. Although his relationship with Soros is good, it has not yet reached the point of influencing Soros's personal decisions. This stubborn old man never listens to people's advice! Over the years, the Quantum Fund and the Tiger Fund have been constrained everywhere, and although the total assets of the fund have grown steadily, it is not a simple matter to live in the gap between the two shadows of the King's Fund and the Rothschilds. Even in 1997, Tiger Fund's three quarterly financial reports showed. The company's net worth has increased by 72%, and Rogers is still worried. Tiger Fund's ruble placement against Russia and now its ill-advised move against the yen have led Rogers to feel that the fund's strategy has gone in the wrong direction. The instability of financial derivatives has allowed Tiger Fund to break away from tradition.

The risk and return of macro hedging are directly proportional!

The small probability event ignored by the so-called LTCM mathematical model lock of LTCM (American Long-Term Capital Management Company) is not non-existent, but because the probability of its occurrence is extremely small, if it is ignored because of this, once the small probability event occurs, the consequences will be unpredictable!

Rogers, who has traveled all over the world, knows it very well. What does it mean to take it when you see it!

Just like this time, Quantum Fund and Tiger Fund have teamed up to attack the Hang Seng Index.

It's not that capital arbitrage in the early stage can't be done, it's just that the foreign exchange reserves owned by the Chinese government squatting on the side are a considerable hidden danger. With the strength of the whole country, to help the projectile Hong Kong that has just returned, such a thing is listed as a small probability event in the normal distribution formula! Rogers' heart. There is always a dark cloud gathering.

The mini-collapse of Taiwan's stock market and the immobility of the King's Fund are a very clear signal.

What's more, the financial market in Chinese mainland is not open to the outside world at all, and Rogers is not aware of this. There is an instinctive resistance.

It's a pity that Soros and international travel capital have become accustomed to the wind blowing rice and wheat lodging in the new Malaysia, how can they calmly analyze the key to its existence!

Today's Tiger Fund is led by Robertson, and there are four major international hedge funds, including Omega, Tiger, Quantum, and LTCM. has already come to Hong Kong, and Rogers can only be very helpless about such a reality.

All of it. It's all unknown.

What Rodgers can be sure of is that no matter what the outcome of this fight is, he will be in the thick of his game and perfect his RRMI in Colombia for a long time to come!

Perhaps, when the time comes, you can refer to the data analysis of the King's Fund, and I heard that they are also working on the collation of commodity indexes. Peter Lynch is said to have been the King's guest!

That's a lot of fun!

……

At the end of November 1997, Andrey Bush received instructions that JR's investment layer temporarily stay in Russia and continue to deploy the Russian ruble. Thanks to the Vladimir-Vladimirovich-Putin relationship, as well as the interests of Siberian Oil and the Krimins United Properties Network, Russia's ruble layout is going quite smoothly. Tiger Fund and LTCM besieged Hong Kong on the one hand, together with Quantum Fund, and HSBC and Standard Chartered launched capital hedging (the simple explanation of capital hedging is that Party A sells short, Party B sells long, and the operation value is exactly the same, but the direction is completely opposite, which is a war of attrition. On the other hand, Tiger Fund and LTCM continue to speculate on the Russian ruble, driving up the price of the ruble and holding up capital in Russia. Tiger Fund and LTCM played such a trick of encircling Wei to save Zhao, and the King Fund will naturally not be polite, because there are political and business relations on the Russian side, and in terms of capital scheduling, on the surface, it is quite in line with the pace of Tiger Fund and LTCM!

In Hong Kong, the capital hedging between HSBC and Standard Chartered has created waves of Soros shocks, with unimaginably large differences between peaks and troughs.

As for the King Fund, the short-selling layout in the early stage allowed them to quickly short-sell arbitrage in mid-December, with a small increase in capital, which gave HSBC and Standard Chartered a headache.

Are you here to help, or are you here to disrupt the situation?

Standard Chartered and HSBC, which were originally quite short of funds, encountered this slap from the King's Fund and fainted directly.

It's not just Standard Chartered and HSBC that are dizzy.

The Quantum Fund was also stunned.

Please, King's Fund, which one are you playing?

Robert replied with a smile, what is it? The king also came with the purpose of making money, and we resolutely do not do unprofitable business!

Standard Chartered vomits blood, HSBC vomits blood, and Quantum Fund also vomits blood!

When HSBC and Standard Chartered were about to be crippled by the Quantum Fund and international travel funds, the King Fund still had no movement, and their core figures actually went to Japan with the pop king.

What's going on? What's going on?

Even the Hong Kong government is anxious, the King Fund has a good relationship with the Hong Kong government, and when it uses the Hang Seng Broad Market Index for short selling operations, it is not such a face, it can be said that the King Fund is the last reliance of the Hong Kong government.

The spokesperson of the King's Fund said lightly, about our king's!

Turning his face and not recognizing people's virtues, it is really clear at a glance!

While HSBC and Standard Chartered were still struggling to support themselves, Jerry and Robert came to A-V Arts Academy!

……

"Is this a pre-battle perk?" Robert showed a salty expression, and almost pulled out a pair of his whole body, and pounced on it.

"You're thinking too much, aren't you? When did I say this is a benefit? Obviously, you came with your own dead face. ”

"The King's Fund is on its feet right now, and Hong Kong is full of cameras, and I don't want my lace news to be on Cindy's desk the next day. So...... Hey? What are they doing? ”

A-V femdom before debut! Long time no see, Iijima-san! ”

After marrying Carlos, Ai Iijima completely ended her career as an A-V actress and began to appear in the public eye as a teacher and writer. Of course, AJX48 in the A-V world is still in preparation, and the selection of personnel is almost underway, and the four former A-V actresses, Hitomi Shiraishi, Miri Truth, Ai Iijima, and Hikaru Hoshino are all assembled. can carry out their acting career without taking off, isn't this the acting career they have been pursuing? It's a kind of courage to put the clothes back on one by one!

Ai Iijima didn't expect Jerry to appear at the A-V Academy at all, she was visibly stunned for a moment, and then slapped Ozawa's round ass that fell on the mattress and made a very seductive look.

"It hurts, hey~ Master!" Ozawa Yuan frowned and coquettishly, but when he turned his head, he saw Jerry and Robert standing on the side, and immediately jumped up screaming, and then put his hands on his chest to make a defensive gesture.

When filming, the staff can watch, this is work and learning, but other than that, it is not at all, not to mention that the person standing on the side and watching is still her idol!

But isn't it too strange that Jackpot is at A-V Arts Academy!

Could it be that he is an A-V actor who came today?

If that's the case.,Then today I'm going to have a plug-in that I've never done before?

Hmm~Hmm~ If the A-V actor is Jie Bao, she doesn't mind!

Ozawa was whimsical for a while.

By the time she came to her senses, Jerry and Robert had already left the classroom with Ai Iijima.

"Ai-chan~"

"Ramisan~"

As soon as Rami Ritz and Ai Iijima met, they began to have a numb relationship with each other, and Jerry and Robert, who were standing on the side, had goosebumps that fell straight to the ground.

If it weren't for the fact that there were two people on the side, Rami Ruiz and Ai Iijima would have started on the spot!

After Jerry returned to Japan, Carlos could see Ai Iijima almost every day, and just like that, he could be hungry and thirsty for this virtue, which is really unimaginable!

The office door opened, and Muto Lan walked out of the office wiping the corners of her mouth.

When I saw Jerry, I was obviously cramped.

Hiroshi Yamamoto, this guy!

Jerry twitched the corners of his mouth and pretended not to see it.

When he walked into the office, Hiroshi Yamamoto's face was covered with sweat and his expression was like collapse.

"President, why are you here?" (To be continued......)