Chapter 184: The Death of a Fund Manager (1)

"Cheers!"

At the investor reception of "Tong International", Thiri. De la Villechet was full of spring breeze, clinking glasses with investors frequently and saying words of blessing in his mouth.

Usually as the New Year approaches, the Foundation invites investors to a gathering, first, to connect with each other, and secondly, to announce the results of the year to the public, hoping that they can continue to support them in the new year. For this kind of friendship nature of the party flow, Tierry. D'Ellavillechet was already familiar with it, and he unhurriedly took his glass and surrounded the audience, greeting each investor one by one.

For such gatherings, it is generally arranged before the New Year and Christmas, because by the time of the holiday season every investor will be busy, after all, they are all big people with status. This year's party was scheduled for Wednesday, December 10th, because of the itinerary of a heavyweight client. D'La Villechet and his colleagues abandoned plans to schedule the weekend.

Speaking of this customer, it's not just Thiri. De la Villechet, even most of the investors in attendance today were in the face of this one, not Thiri. For the sake of de la Villechet. Although Tiri. Dellavillecht and his colleagues did a good job, but compared to this one, it's like fireflies versus moonshine, and it's not on the same order of magnitude at all.

Although this is not an old fund, and there has never been a star fund, many wealthy people still have a certain good impression of this fund, and "Tong International" has also attracted a certain amount of funds.

This is 2 billion euros. At the current exchange rate, it is close to $2.8 billion. Although it was European money, de la Villechette was obsessed with the American market, and even arranged his office in New York. Coupled with the fact that the client happened to be in the United States, de la Villechet simply arranged this year's gathering in New York instead of Paris.

This important client is none other than Liliana. Betancourt, known as the richest woman in the world, is not one of them.

As the second-generation heir to the L'OrΓ©al group, Liliane owns almost 27% of L'OrΓ©al's shares, in addition to a 3% stake in NestlΓ© in Switzerland. These two great fortunes combined. The total value reached a staggering $22.9 billion, making the 86-year-old one of the richest women in the world.

Despite being very wealthy, the rich woman keeps a very low profile. Always living an almost semi-reclusive life, her husband Andrei, who is obsessed with politics. Betancourt is far more famous than her. But when Andrey. After Betancourt completely retired from politics, the couple basically disappeared from the public eye.

This time Liliana. Betancourt appeared in the United States to promote the charitable foundation in her name. With a good personal relationship with Liliana. De la Villechet invited her to attend this year's investment conference. At the same time, promote Liliana to other investors. Betancourt was present, which in turn attracted a large number of investors.

Liliana. Betancourt and de la Villechette were very good old personal friends, and she even handed over most of her property to de la Villechet's "Tong International", of which a large part of the funds currently managed by de la Villechett came from Liliana.

"Why haven't you come yet?"

Halfway through the party, people were still chatting in twos and threes, and although Della Villechet's expression was calm, he kept muttering in his heart. He was afraid that Liliana would not be able to come because of something. In this case, he will not be able to hang up on the face of the host.

"Tierry, good job!"

Just when Dellaville Richett's heart was going up and down. An investor walked over with a wine glass, patted him on the shoulder and said, "You can make a 7.8% return under such circumstances, your results are really impressive!" ”

De la Veletchet hurriedly retracted his gaze and said solemnly: "Levin, in fact, there is nothing here, there will always be opportunities for profit in the market. We pay more attention to the performance of the best fund managers than other fund managers, and invest in them to make a profit. I'm old and a little lacking in energy, so I can only borrow someone else's hand! ”

Although he said it modestly, the smug look between his eyebrows could not be concealed.

"Tiri, you may not be able to keep up with your physical strength, but you are becoming more and more savvy here!" The investor, Levin, pointed to his head and said, "Borrowing someone else's hand is also a kind of wisdom, and it is a great wisdom......

Before he could finish speaking, a small commotion suddenly broke out at the reception scene, and there were even low exclamations in between, and de la Villechet was overjoyed, knowing that the main owner of today's reception had appeared.

"Levin, I'm sorry I have something to do, enjoy tonight's party!" He immediately said to the investor, Levin.

"Thank you!" Levin was also absent-minded, casually perfunctory, but in his heart he was thinking about how to talk to Liliana.

Despite being over eighty years old, Liliana. Betancourt is still very well maintained, and he can't tell that he is an old man at all. She maintains her signature inverted hairstyle, which, despite its short length, is carefully dressed at the ends and curled up like a wave, giving it a look that is both modest and stylish. Although the skin was visibly dull and faded, Liliana's face was still wrinkled, her whole face was still radiant, and she even wore a red lip makeup, which made it seem that the lady was still at the forefront of fashion.

She wore a dark gray evening gown with a scarf around her neck, a slightly conservative dress in line with her identity, simplicity and elegance were her style. The scarf makes up for the lack of clothes well, and the bright colors and lip makeup give people a feeling of easy approach.

As soon as Liliana appeared, she was surrounded by a group, and people originally came for her, but now that the Lord appeared, they were naturally busy surrounding her. Liliana, who was surrounded, did not show any impatience, smiled and greeted everyone, whether they knew or not, and showed enough restraint between words.

It took a lot of effort. Della Villecht squeezed into the crowd, and he quietly wiped his palms and wiped the sweat from his palms. Only then did he smile and stretch out his hand and say, "Liliana, thank you for being there!" ”

"Hello Tiri, long time no see!"

Liliana. Betancourt also laughed, "I'm sorry, I just discussed something with Mr. Bloomberg. I'm sorry that the time passed by accidentally. ”

Bloomberg is the founder of Bloomberg and a billionaire. At this time, he was the mayor of New York City. Originally, Liliana didn't have to explain so much, but she did it anyway, and Della Villecht was naturally very useful, and hurriedly said, "It's okay. As long as you are able to attend. I'm already thriving. ”

"Liliana, please here, let me introduce you to a few friends, and by the way, report on the operation of the fund this year!"

After greeting the others for a long time, after all the due rituals were completed, Dellaville Chet, who had been waiting quietly next to him, waved his hand and made a gesture of invitation.

"Tyri, I heard you're doing well this year?"

Liliana. Betancourt smiled and glanced at Della Villechette. casually asked, "The market is not good this year." Even I've heard about it. But since you're in the mood to hold an investor reception, you must be doing well! ”

"Pretty good!"

"Although the year is not over yet, according to our calculations, so far our fund is up 7.8%, and the S&P 500 is down more than 30% year-on-year, and we have not only outperformed the market, but also achieved positive returns." ”

"I don't understand what you're talking about, can you explain it in layman's terms?"

The smile on Liliana's face remained the same, but there was a hint of incomprehension in her eyes, she didn't know anything about the S&P 500, but she knew very well that even this year, Della Villechmet was still making money, so she was interested in how this old friend did it.

Dellavillechet understood almost instantly, and said proudly: "Actually, it's very simple, I invest in other fund managers' funds, as long as they make money, I will make money." ”

"It's as simple as that?"

Liliana, who had experienced strong winds and waves, naturally did not show any moving expressions, but she was still a little surprised by the simplicity, "This kind of behavior of relying on the wisdom of others is very interesting." Speaking of which, I also relied on your wisdom to ensure that some assets do not depreciate. By the way, I don't know which fund you invest in? ”

"Madoff Fund!" Dellaville Chet blurted out without the slightest worry. Although many fund managers are worried that their investors will be snatched away by other funds, but for Liliana, de la Villechette is very relieved, in addition to the friendship between the two for many years, performance is also an important guarantee, otherwise the other party will not let him take care of the funds for many years, "A well-known fund manager here in the United States, known for stable returns, even this year, he has achieved quite good returns." ”

"Really? What a genius! ”

Liliana exclaimed casually, but the next moment a strange expression appeared on her face, "Are you sure it's the one named Bernard. Madoff's people? ”

"Yes, it's him, I didn't expect you to hear of him, it's really good!"

Dellavillechett was still excited, unaware of Liliana's inappropriateness, "This guy is a Wall Street legend, known for his stable profits, and can be called a small version of Buffett." Liliana, what's wrong with you? Is it unwell? ”

He finally realized that something was wrong with Liliana's face.

"When I was meeting with Bloomberg, he got a phone call!" Liliana pondered for a while, but decided to tell the story, "The call was from the New York District Attorney, and they said they had received a call from a person named Bernard. The surrender of Madoff's people. For some reason, they informed the mayor, and after listening to Mr. Bloomberg's explanation, I realized that this Mr. Madoff was a well-known rich man, and his reputation was on par with that of Mr. Bloomberg. If such a big person is to be imprisoned, it is necessary to notify the high-level people. Mr. Bloomberg also told me that Mr. Madoff's fund was a complete Ponzi scheme! ”

"What? That's impossible! It's impossible! ”

Dellavillechet's body was shocked, his face was full of incredulity, and he retorted again and again, "This is absolutely impossible, how can it be a Ponzi scheme?" ”

"Yes or no, I'm sure you'll find out soon!"

Liliana gave the other a faint look, "Soon the news media will follow up on this matter." I still have something to do, so I won't linger any longer. She looked up at the delicate watch, revealing a mixed expression, a mixture of disappointment and sigh, but it was not easy to grasp what it was.

β€œβ€¦β€¦β€

Looking at her and turning away, de la Villecht wanted to say something, but couldn't say a word. At this point, he was in a state of confusion, wondering what he would do if everything Liliana said was true.

"By the way, just three months ago, you sent a public email claiming that you were conducting a lot of investigations into the companies you invest in, right?" After taking two steps, Liliana suddenly remembered something, turned back to the already stunned de la Villechet, and said, "Is this what you call the results of the investigation?" (To be continued......)

PS: Thank you book friends for poisoning you ten thousand times, ethereal rivers and lakes, small water departure, and panthernd for voting for a monthly ticket! At the same time, I would like to express my gratitude to some book friends who did not mention it in time! Recently, I have been urged by my teacher to complete some tasks, and my time is tight, but I have to continue writing the book no matter what. Thank you so many book friends for their strong support for this book, the author will make persistent efforts~