Chapter 18 Financial Celebrity Andrew
On the TV at 7 p.m. in prime time, Andrew, who is already a little famous, was talking again: "As I expected, the Thai side has fought back against the malicious shorting of hedge funds, restricting the source of their shorting funds, and raising the cost of shorting them with punitive interest rates." But at this point, it may be too early to say that hedge funds have stopped doing so, because it is not yet known how much foreign exchange reserves the Thai side has consumed in the past few days, and it is also unclear how many positions the hedge side has prepared to hit the baht. What is certain is that the Thai baht market will still be strongly impacted in the coming week, and if the Thai side can withstand this wave of offensive, I believe that the Thai baht will be able to sit back and relax for a certain period of time. ”
In the last episode of the program, Andrew had predicted that Thailand would be a severe crackdown on the current short Thai baht, and not long after his voice, the Thai side announced two extremely strict policies as he expected to combat the short selling of the foreign exchange market, which immediately made Andrew famous, and ATV also invited Andrew again.
As for the stock analyst who was invited last time, he was abandoned by the TV station because he bet in the wrong direction.
No way, the financial world is so realistic, especially Hong Kong, an international financial center. In a society where almost everyone speculates on stocks, the pursuit of analysts who can accurately predict the market is very fanatical. Although Andrew is talking about macroeconomics, he explains the complex principles of economics in simple language, so that the audience can almost understand what he means, and he "predicts" correctly. so that he has more opportunities to show up.
At this time, it is not only ordinary investors who are paying attention to the ATV program, but also some fund managers who are preparing to listen to Andrew's "teachings" in front of the TV.
"I'm sorry, Mr. Andrew, I would like to ask, is your Tianyu Fund also a hedge fund?" The beautiful hostess interrupted Andrew in time to ask a question that the audience in front of the TV wanted to know.
Andrew was stunned for a moment, lowered his head and coughed lightly, then raised his head and said with an unnatural expression: "Yes, we are an asset management company." The investment strategy is mainly to hedge risks. This is often referred to as hedge funds. ”
Hedge funds, also translated as hedge funds, are two concepts that mean the same thing.
"So have you been doing anything with the baht lately?" As soon as Andrew's voice fell, the hostess couldn't wait to ask. This sentence is naturally what the audience wants to know the most.
The embarrassment on Andrew's face intensified. After a momentary pause. He said slowly: "What you said are all trade secrets. I could have left it blank at all. But here I can reveal that we did not short a penny in this baht attack, because the stability of the baht is not only related to a country's monetary system. The livelihoods of thousands of people are at stake. Unlike the insatiable Wall Street, we achieve a win-win situation by providing funds to companies to promote their reproduction and generate more profits. ”
"So what about your investors, are they satisfied with your so-called profit model?" The hostess is still unrelenting.
For this kind of aggressive questioning, not only Andrew, but even the director on the scene was a little confused and didn't understand what happened to the host. How did they know that the hostess was recently hooking up with a talent in the financial industry, and now these questions were asked by the talent to ask her.
As the saying goes, peers are enemies, and when the fund manager, who is also a macro hedging strategy, saw that Andrew had predicted the Thai form correctly, he was a little unhappy. His fund has a total of only 100 million US dollars, and this time, after getting the news that American capital is preparing a large-scale attack on the Thai baht, he bet all his net worth, and even used twice the leverage.
After hearing Andrew's analysis, he was very unimpressed, knowing that the reason why macroeconomics is profound is that almost no one can say what the future situation is, because economic development is a process of constant game. As a result, as soon as the Thai counter-attack measures came out, he immediately suffered heavy losses, but fortunately the boat made a small U-turn, and he successfully escaped after stopping the loss in time.
This person is none other than Maxim's former colleague Jim Watson, who began to wander around after the collapse of the Nikkei at the peak of his life, but he is still in East Asia. He came to Hong Kong last year, and with his glittering resume, he easily raised $100 million in funds, and even became a leader in Hong Kong's fund industry for a while.
Jim, who suffered a heavy loss, put all the blame on Andrew, and in his opinion, if it wasn't for Andrew's reminder, the Thai side might not have taken the relevant measures. In his opinion, the BOT is a bunch of stupid philistines who can't compete with the elite hedge funds, so they do exactly what Andrew suggests.
Jim, who secretly hated Andrew and Tianyu Fund, instigated the hostess Lin Yi to ask some sensitive topics, even involving trade secrets.
Seeing that Lin Yi's questions were getting more and more excessive, Andrew couldn't help frowning, and replied unceremoniously: "Although Hong Kong has clear regulations on practitioners making public statements, this fund is only established in Hong Kong, and the main operating market is not in the Hang Seng Index, so I can still say a few words." The Fund's investors are very satisfied with the investment performance so far, and there has not even been a single redemption request since its inception. As for yields, I can reveal that they completely outperform most funds in the market, and even compare with some hedge funds in the United States. ”
Seeing Andrew so confident, Lin Yi's heart was like a deer, she was a typical money worshipper, or she would not have looked at Jim, who was nearly forty years old. However, after hearing Andrew's words, a thought suddenly occurred in her heart, that is, the man in front of her might be better than Jim, who had just started.
"I would like to ask, can I invest in your fund?" Lin Yi's big eyes rolled, and he asked softly, his demeanor was very different from the aggressive appearance just now, as if he had changed to a different face.
Where has Andrew seen this kind of face-changing kung fu, he was immediately a little dumbfounded, and the photographer also caught Andrew's stagnant expression in time and gave a big close-up.
Andrew, who didn't realize that he had become the focus of attention, was stunned for a long time before shaking his head slightly and politely refused: "Miss Lin, our fund has been closed for subscription, and I am afraid it will not be open in the short term." Moreover, the threshold of our flagship fund is a bit high, and I am afraid that it is not something that ordinary people can reach. ”
Although his words were tactful, everyone in the video room understood that this was a hint that Lin Yi was not qualified to join at all.
Although Andrew has lived in Hong Kong for almost ten years, he still has not fully learned the tactfulness of the Chinese, and his words naturally offended Lin Yi greatly. Sure enough, I saw a flash of shame and indignation on Lin Yi's face, and then pretended to be casual and asked, "So, what is the threshold of your flagship fund?" ”
Although she pretended to have an extremely natural expression, when she said "howmuch", she was already gritting her teeth. If it weren't for this live show, I'm afraid she would have left the door a long time ago.
Seeing her asking sensitive questions one after another, Andrew was already a little unhappy in his heart, if it weren't for the fact that Zhong Shi had not done what he had told him, I am afraid he would have left the table angrily, "However, one of our funds that mainly focuses on the mainland market and the Hong Kong market will soon be separated and turned into a public fund, which will be open to all Hong Kong citizens, and everyone can invest at that time." After he said this to the camera, he turned to Lin Yi and said: "As for the threshold of the internal fund, I can only disclose this number." With that, he raised a finger.
"1,000,000 Hong Kong dollars?" Lin Yi blurted out, then shook his head, and then guessed: "10 million Hong Kong dollars? It won't be 100 million Hong Kong dollars after all, right? ”
At this moment, the director of the scene shouted, "CUT! This freed Andrew, who was full of helplessness, from the questioning of the novelty Linyi. It turned out that seeing that the scene was out of control, the on-site choreographer had already played the pre-prepared ending of the show without waiting for Lin Yi to finish speaking, and hastily ended the show.
Seeing that the task was completed, Andrew didn't have a good face anymore, so he suddenly pulled down the microphone on his chest, slammed it on the hosting stage, stood up and walked out.
"Mr. Andrew, please wait, oops!" The chubby on-site director hurried to catch up, but before he could get in front of Andrew, he saw a young man who was not good-looking suddenly stretched out his arm and held the on-site director who was unable to hold his feet steadily, preventing him from taking another step forward.
"Is there anything else?" Seeing that it was the director, Andrew's face slowed down, glanced at the bodyguard next to him, and motioned for him to let go of this person first.
"How much, exactly?" The chubby director gasped twice, and then calmed down the rapid breathing, but what made Andrew a little crying and laughing was that the director was so curious, no less than the sharp-toothed hostess just now, and even chased it out.
"Miss Lin guessed a number correctly just now, well, it's the biggest one. However, we are not denominated in Hong Kong dollars, they are all denominated in US dollars. Andrew pretended to be deep for a moment, with a look of embarrassment on his face, then furrowed his brows, smiled, whispered this sentence in the director's ear, and then patted the extremely shocked director on the shoulder, and walked away with the bodyguard. (To be continued......)
PS: Thank you so much for making me think about the first tip of the month!