Chapter 191 - The First Hedge Fund (2)

"Isn't it too risky?"

While Gross was discussing with his men, far away inside the Quantum Fund on the East Coast, Rodney. Jones is also discussing the same thing with Soros.

"What's the matter?"

Soros didn't react for a while, but when his eyes fell on the treasury bond yield curve that appeared on the screen on the wall, he immediately came to his senses, "You mean to set up this matter for the Tianyu Fund?" ”

"Not bad! The prevailing view is that the yield on 10-year Treasury bonds is currently low and should rise to a 'normal' level according to past patterns. But for Zhong Shi of the Tianyu Fund, this statement could not convince him at all. Since the last time I was designed by him, I've been careful to gather information about this guy's operating style and personality traits, including contacting some former employees of the Tianyu Foundation. This information was then sent to several well-known psychologists, and according to the results of the analysis that came back, the final personality traits of this person were finally derived, in short: extreme self-confidence, self-righteousness! ”

"Oh? How can this be explained? ”

Rodney. Jones's heart tightened, and a look of horror appeared on his face. He never imagined that the failure in the Porsche acquisition had hit Soros hard. Originally, he thought that Soros would gradually forget about this matter after a period of time, but now Soros planned a counterattack plan with lightning speed, and even calculated the psychological characteristics of the other party in the preliminary preparations.

"Two things!"

Soros's gaze gradually became firm, and he said in a deep voice, "In '98, the entire Tianyu Fund was opposed to being involved in the currency crisis, but Zhong Shi insisted on going his own way and ignored the opinions of others. Another piece. In the matter of shorting the Unwithered Fund, he directly abandoned all the researchers of the Tianyu Fund and set up another team in the United States. ”

"Starting from scratch gave him enough self-confidence, but it also made him swell rapidly and couldn't listen to other people's opinions. These two major events, although he bet on them all. However, the former does not rule out the possibility that he conspired with the Hong Kong government. And the latter, the biggest possibility is that he conspired with other energy funds to completely collapse the withering fund. Although he was lucky to be right in this matter, apart from his work as an analyst and researcher, he was nothing more than a tree without roots, and he would not be arrogant for long. And all this, I found him an opponent who could never cooperate and could never be overwhelmed with funds. ”

Speaking of which. Soros grinned, revealing his white teeth, "The U.S. government, even if you have great powers and eyes in the sky, it is impossible to convince Mr. President, or compare the amount of funds with the Federal Reserve, right?" ”

"It really can't be!" Rodney. Jones was cold, but he admired Soros's plan to the extreme. This is indeed blocking any possibility of "cheating" by the Tianyu Fund, but he still has a question. "What if he doesn't take the bait, or doesn't go as long as we want?"

"Rest assured, not only has he moved, but he's doing what I expected."

Soros laughed, "You probably didn't expect that this person is not only eyeing the 10-year US Treasury bond. And I paid attention to this market one step ahead of me. You may not know it, but even the internal report on the 10-year U.S. Treasury bond of Tianyu Fund has a credit to me! ”

"What?"

Rodney. Jones was really shocked this time, "We're inside the Tianyu Fund again?" This...... How is this possible? Could it be that some of them have been bought? ”

"Of course not, a similar trick was used once. The other party must have been prepared. Soros waved his hand indifferently, "How could that little guy ignore this?" This time, I simply followed the mood of the market and expressed my views on the US economy in real time. ”

"That's it?" Rodney. Jones's eyebrows tightened, with a look of obvious disbelief, "Some time ago, you frequently appeared on the TV media, it turned out that this was for this purpose. But what I still can't understand is that just by virtue of your appearances, you can guide Tianyu Fund to appear in the treasury bond market. Also, how can you be sure that Bell Stone is long, not short? ”

"That's the most ingenious part of the whole thing!"

Soros said smugly, "As the person I admire the most in my life, and my biggest opponent, I have been paying close attention to Zhongshi's every move. Out of sympathy, I think he will be as concerned about my every move as I am. Any top fund manager who has seen what I've said on TV will focus their attention on the Treasury market, especially the volatile 10-year Treasury market. Now there is only one question left, why would he choose to go long, not short? ”

"Anyone with an opponent like me will always be vigilant in their hearts. Even a rising star like Zhong Shi is no exception. As confident as this guy is, it doesn't mean he's losing his mind, especially with his big win in Germany. I took advantage of this, and by virtue of my identity, he mistakenly thought that it was a trap. As long as he has suspicious thoughts, I believe that with his stubborn character, he will definitely choose to go long, rather than short as the market generally believes. ”

"And based on my observations during this time, the volume of 10-year Treasury bonds has increased suddenly, and although the exact amount is not clear, it is at least more than 10 billion dollars to be able to push yields down on such a large scale. With the exception of a few institutions and countries, I can't find much of the other possibility. According to the data released by the Ministry of Finance on a monthly basis, the amount of purchases from Hong Kong and tax havens has increased significantly this month, which just shows that Zhongshi has fallen into the trap. ”

"Is this okay?" Rodney. Jones gasped, his hair standing on end. The conspiracy is carefully designed and meticulous, and it can be called a watertight one. It not only takes into account the actual market and public opinion expectations, but also takes into account the possible psychological activities of the opponent. There is no doubt that Soros has done a lot of homework after suffering a major setback, and is determined to give Zhongshi a heavy counterattack, and it is undoubtedly the bond market that can attract a lot of money in the short term.

"But there's one more problem!"

Rodney. Jones sighed and said helplessly, "So far, we have limited funds at our disposal. Even if we can find a few allies, it will not be as strong as the Tianyu Fund. If they do come in. We are at an absolute disadvantage in terms of the amount of money alone, so can we still have a chance of winning? ”

Although Soros has considered all aspects very closely, if he is at a disadvantage in terms of the amount of money, all the previous thinking is useless. Rodney. As soon as Jones thought of this, his heart rose again.

"Don't worry, this time I found him a top fund as an opponent. And it is also the hegemon of this market. ”

Soros slapped the table, stood up suddenly, and said with a fluttering eyebrow, "Pacific Investment Management, Bill. Gross, how's it going, does this opponent have any weight? ”

"Is it him?"

Rodney. Jones exclaimed, "What, are the giants of the West Coast also involved in this dispute?" ”

For Bill. Gross's name. There are very few people who haven't heard of it. Despite not being an industry, for Bill. Gross's fame and achievements, Rodney. Jones is also very impressed, this is definitely a top fund manager.

More importantly, Pacific Investment Management has a huge amount of entrusted funds, which are calculated in trillions. Although Gross does not manage all the money, according to publicly disclosed information, Gross alone manages nearly $500 billion in funds. That's enough to kill any hedge fund.

So when hearing Bill. After Gross, Rodney. That's when Jones realized. Soros really took everything into account.

"Gross probably thought it was a hedge fund feud now, but he had no idea that his subsequent reaction would have been fully factored into when I gave him the news. If my guess is correct, soon Gross will make a move! ”

See Rodney. Jones reacted dumbfounded. Soros laughed. The huge decline in performance and the resentment against Zhongshi did not blind his eyes, but made Soros completely calm down. After observing the market situation and recent policy trends in various markets around the world, plus evaluating Zhongshi's personality traits. Soros has carefully designed such a trap, with the purpose of not only taking revenge on Zhong Shi once, but also planning to make a lot of money. If the battle can be ended before the arrival of February next year, the Quantum Fund will not only give 09 a good start, but will also quickly make up for the losses of the past.

"But Gross isn't a fuel-efficient lamp either, so how could he not see the weirdness in this?" Rodney. Jones reluctantly suppressed the turmoil in his mind and revisited the vast scheme to try to find out what was not well thought out, "Pacific Investment Management is a giant in the bond market, but they don't know who their opponents are. If they decide that the opponent is not a hedge fund such as X-Spatial Fund, the corresponding strategy must be different, after all, the rules of the game in the bond market are very different from what we usually play. How can we get the two of them to fight? ”

"Don't worry, I've taken this into account too!"

Soros tapped the keyboard a few times, and the printer paper squeaked, and it didn't take long for a document to appear at Rodney. In front of Jones, "Look, this is the public opinion offensive I prepared for Zhongshi. ”

"Funds from Hong Kong are buying a large number of U.S. Treasury bonds, and it is suspected that the Tianyu Fund ...... This ......"

Rodney. Jones looked at the paper in his hand and was a little stunned, "Are these the press releases that are ready?" Are you planning to reveal the identities of Zhongshi and the Tianyu Fund? ”

"Yes!"

Soros had a cruel smile on his face, "You and I both know very well that when a fund's position is exposed, it often ends up being besieged. Even Gross couldn't afford to let go of this opportunity. Now all our plans have been formed, and all that remains is to borrow. Not only with the power of Gross, but also with the power of the entire market. I don't believe it, this time I can't defeat the Tianyu Fund. ”

"This little guy is still a little tender in the end!" Soros clenched his fists and slammed his fist into the void, "I don't believe that someone can save him this time." ”

"I didn't expect it, I really didn't expect it!"

Rodney. Jones was really convinced this time, he shook the paper in his hand, and couldn't stop sighing, "If nothing else, just the exposure of the position is enough to kill the Tianyu Fund." Boss, your plan this time is really ......" He thought for a long time, and finally found a suitable word, "Foolproof." ”

"It's time to be exposed." Soro accepted Jones's praise calmly, "They've entered the trap, and all that's left is time for the parties to wrestle." And we, we can sit back and enjoy it! On the January futures contract on the 10-year Treasury bond, I have placed a short and heavy position, just waiting for the harvest! (To be continued......)

PS: Thank you to the book friend cpower, the world decisive jue, not very fat sheep, Ga Geli, Nanquan 99, let me think about it, think of no evil''' to vote for the monthly ticket! Thank you for your support, I've been very busy lately, try to take the time to update, and stick to it at the end of the month~