Chapter 30: The Undercurrent (2)
"What the hell is this guy going to do, do you really think you can affect a country's economy?"
Shortly after Zhong Shi's interview, Soros sat in his big chair and thought repeatedly, he didn't think Zhong Shi was targeted, but this time the young man was talking about too much of a scope, and the target was the US economy, oh my God, didn't he know how big the US economy really was?
Compared to the president's economic advisers or the Fed's magnates, Bell Stone's influence is undoubtedly pitiful. If these words come out of the mouths of the former, the giants of Wall Street may stop and think about it for a moment and then go about their business. But from the mouth of a person like Zhong Shi, the most traders give Zhong Shi some attention, and the Wall Street giants may choose to ignore it directly.
Although compared with seven or eight years ago, he is just an "outdated" fund manager, and he no longer has the momentum of saying a word and calling for wind and rain in 97 and 98 years, and compared with the peak period, the scale of his fund management has not increased significantly over the years, and it is still maintained at about 20 billion US dollars, but his personal net worth has swelled rapidly like a balloon, and he has been the richest man in the financial world for several consecutive years. But now the entire fund industry is full of billions and tens of billions of dollars in hedge funds, so his words have long been unable to sway the market.
Even so, Soros has never left the front line of the market, although the era of macro hedge funds is over, and it is basically impossible to attack a country's monetary system. But what he knows very well is that as long as there is a slight deviation in the policy of a country's central bank, macro hedge funds can still make huge profits by capturing this opportunity.
What's more, Soros has been haunted by losses in Hong Kong, Russia and Japan, which almost became the Waterloo of his career. Compared with the unshakability of the other two markets, Hong Kong's Zhong Shi is obviously easier to deal with, but he endured it for eight years before waiting for the other party's re-emergence, so when he heard Zhong Shi's news, his first reaction was that the opportunity for revenge had arrived.
Just after listening carefully to the other party's interview. But he fell into a deep accident. I haven't seen you for a few years. The other party's growth will be very rapid, he has no doubt about this, but the other party even boasted that his wealth has reached the world's top level. Other than that. He also "unashamedly" made a "plausible" comment on the US economy. He was shocked and a little disappointed.
"Paulson, what do you think of Bell Stone's remarks?"
Soon, Soros made a phone call. On the phone, he pretended to be relaxed and said to the other party. After answering the phone, there was a low roar in his ears, which surprised Soros, but the next moment he reacted that the other party should be on the plane, otherwise there would not be such a familiar noise.
This Paulson is not John. Paulson, but Goodman & Co. CEO Henry Brown. Paulson, as CEO of Goodman & Co., was known for his operational prowess and agility in adapting his strategy to the position of Wall Street's largest investment bank, and for a time became one of Wall Street's star executives.
At this time, Paulson was indeed on a private jet, having just flown back to New York from Washington, D.C. In Washington, he had just had a face-to-face meeting with the president, who wanted to nominate him for the post of Treasury secretary, but it was still in contact and would need congressional approval even after the public announcement. Compared with Goodman's annual salary of tens of millions of dollars, the salary in the position of US Treasury secretary is undoubtedly quite shabby. But Paulson didn't care, believing that the opportunity to serve his country was worth it, even at the expense of his salary, so after a preliminary fiscal policy sketch with the president, he gladly accepted the invitation and flew to New York with joy to hand over the handover as much as possible.
When Soros's phone was connected, Paulson was stunned for a moment, and then asked his subordinates to turn on the TV on the plane, tune up the program just now, and watch it carefully, then said to Soros, who was still waiting patiently on the other side of the microphone: "George, do you have any questions?" ”
Paulson's ascension to the CFO position was a compromise within Goodman to balance the investment banking and sales trading divisions. Although he is a CFO, this does not mean that Paulson does not understand the inner workings of investment banking, in fact, among all investment banks today, the sale of real estate mortgage-backed securities is one of the most profitable transactions, if not the most profitable, and Paulson knows this.
So when Bell Stone mentions real estate, Paulson is a thriller in his heart, and he is well aware of the sheer size of Goodman's CDO market, and if something goes wrong with this part of the asset, Goodman may fall into a state where it will never recover.
However, this thought only flashed through Paulson's mind, and he completely put this "unrealistic" idea out of his mind, because this qiē was obviously impossible, not to mention that these assets are now high-quality bonds rated triple-A, and that Goodman's internal risk control is very strict, and they will never be put in such a dangerous situation.
But Paulson needs more professional advice, especially from a fund industry mogul like Mr. Soros.
"No, no, no, no problem!" Soros hurriedly denied it, and after pondering the words for a moment, he said slowly, "Henry, don't you think this kid is too unhumble? It is too arrogant to openly challenge the US economy. Why don't you and I join forces, like we did a few years ago, and teach him a hard lesson, what do you think? ”
"Hmph, let's talk about this!" If it weren't for the trip to Washington, Paulson might still be tempted by Soros's proposal, after all, the other party has revealed his position, which is definitely a great sniper opportunity for them. But now that he was about to leave, he naturally didn't want to cause such a mess anymore, so after politely refusing, he hung up the phone.
Soros here was holding the beeping mobile phone, slightly stunned, but when he thought of the recent rumors in the market, he was a little relieved. Recently, Paulson has been nominated as the US Treasury Secretary, and he thinks that his days at Goodman will not be too long, and too much stability may be his top priority, so Soros is not angry but happy. He groaned for a moment. I also dialed the CEO of another well-known investment bank on Wall Street.
……
"Mr. Zhong, do you know how much trouble you got by saying that?"
When the interview was over, Jong Seok went to the bathroom to wash his face and remove his makeup completely. Hu Ping slipped in quietly. Standing diagonally by the door with his hands folded on his chest. looked at Zhong Shi with a solemn face who was pouring water into his face, and shook his head frequently as he spoke.
"It doesn't matter, everything is still under control!" Zhongshi didn't look back. He copied another handful of water and wiped the foundation from the corners of his eyes one by one, "If you want to talk about the natural gas market, then there is no problem, now the initiative is in our hands." Belch...... It may also be in the hands of others, you can rest assured, no one dares to openly manipulate the market at this time. ”
After talking for a long time, Zhong Shi finally washed his face, and when he opened his eyes again, he found that Hu Ping still hadn't left, still maintaining the posture just now, but his face was a little uglier than just now.
"Wow, you mean ......"
Zhong Shi put away his perfunctory attitude just now, thought about it seriously, and felt that Hu Ping might have thought about the situation too strictly, and then he groaned for a long time, and said sincerely: "Mr. Hu, do you think that what I just said was all a confession?" No, I can tell you unequivocally that this qiē is my heartfelt words, and based on my judgment on the future of the US economy, if you don't believe me, then we have to wait and see, and believe that in a few years, this qiē may actually happen. ”
"Hey, I don't know what to say!"
Seeing Zhong Shi's stern face and sincere tone, Hu Ping had to put away the embarrassed posture just now, first sighed, and then said seriously: "Mr. Zhong, although I admire your intuition and judgment, our differences are too big on this matter. And your actions today have exposed us, which could cause quite a bit of trouble for our traders in the future, so I decided that after this order, my team and I will be completely separated from you. Although you have a lot of money, the market is completely different now than it was eight years ago. If you continue like this, you may become the next Immortal Fund. ”
Hu Ping said that this qiē was also very serious, it is obvious that in the investment philosophy, he and Zhong Shi finally had a fundamental disagreement, at this time to choose to part ways is the best time, first, he can save enough capital to stand on his own, and secondly, the two sides are separated at the best time of cooperation, and all that can be left to each other are good memories.
"Okay, but Jiang Shan has already switched to my sect, I believe you won't keep him anymore!" Zhong Shi had already been mentally prepared for Hu Ping's departure, so he didn't say anything to save him, but after taking the country away, he warmly invited Hu Pingdao, "I'm going to go hunting in South Africa on the weekend, can you go with me?" ”
Generally speaking, during the weekends when there is no work, the elites in the financial industry will choose some "leisure" activities to relax themselves, such as skydiving, rock climbing, racing, diving and other dangerous competitive activities, which can vent their sufficient energy on the one hand, and maintain their strong sense of competition and strategy on the other hand.
But at Zhong Shi's level, naturally there is no need to vent his energy or anything in similar activities in Tongguò, and more often he chooses to go to sea or hunt to kill time. Of course, the entry threshold for these activities is definitely not low, starting at least hundreds of thousands of dollars, and those who can be invited by funders are either rich or expensive, which is more upscale and exciting than golf-style socializing, and is a popular pastime in the upper class recently.
Although Hu Ping had also heard of it, this kind of high consumption was obviously not suitable for him, in fact, he had only heard of it, so when he heard Zhong Shi say this, his eyes widened, and he looked at Zhong Shi in disbelief, and after a while, he shook his head reluctantly and said: "This activity is not suitable for me, it is a sin to see those animals die under the gun, not to mention that I am the one who pulled the trigger!" Anyway, thank you for your kindness! ”
"Natural selection, survival of the fittest!" Zhong Shi pursed his lips disdainfully and said disappreciatively, "What's the difference?" The same is true for financial markets. Wait and see, one day, a global crisis will erupt in the United States, and then you will know that what I said today is true. (To be continued......)