Two days later, the yen market finally stabilized.

In the end, the BOJ silently suffered the dumb loss of Zhongshi, and finally made a move to maintain the yen's rally, and even once pulled the yen to an ultra-high level of 111.62 yen to huàn 1 US dollar, but in the end the market automatically corrected this, and finally the yen hovered around 115.

In just four days, from 135 to 115, the yen fluctuated by nearly 15%. Although the yen market has always been unstable, such volatility has been very rare in recent years. While many connoisseurs fell through the glasses, it also made the bears suffer extremely heavy losses.

Since then, the market has gradually calmed down, and the bulls and bears finally accepted the fact that the yen has appreciated, and after consolidating their positions, they moved around 115, so that the foreign exchange market of the yen has temporarily entered a period of calm.

Under the pressure of the government, BOJ had to support the yen, and at the same time give an explanation to Southeast Asian countries, the international speculators who shorted the yen were miserable, so that for a long time, funds from all over the world did not dare to bet heavily on the yen foreign exchange.

……

"It's amazing how much we've lost at the same time, it's unbelievable!"

At Alcis, the most prestigious restaurant in New York, Soros leisurely forked a piece of veal, put it in his mouth and chewed it slowly, and then took a sip of Maggio wine after a while, and then said lightly.

For these top rich. No matter how much they lose, it will not affect their pursuit of quality of life in the slightest. At their point of worth, even if they don't deliberately pursue it, the things that surround them are probably the best on the planet. For example, the veal that Soros ate just now was flown in from Australia this morning, and the red wine he drank was also made from grapes from Gabenli Suvion, which is naturally excellent.

Sitting opposite Soros was Julian, who had just recovered from his illness and was discharged from the hospital. Robertson, it's just that he is red at this time, and his face is in good spirits. There was no patient at all. was tasting the steak with taste, and he looked unaware of what Soros had just said.

These two people have come together again!

Naturally, both sides didn't say a word about the previous grievances, as if nothing had happened. It's just that both sides have never forgotten that there is such a thing. Hidden deep in my heart.

"Yes. I've also lost a lot! "After filling his stomach heartily, Julian. Robertson then picked up his glass and took a sip of it. "If it weren't for the loyalty of my investors, I'm afraid this time would have been difficult." But even so, there has recently been a redemption request of up to $2 billion. ”

"Oh? So much money? Is it that public money? As soon as he heard this, Soros's eyes immediately narrowed, and the expression on his face changed, and he didn't know what he was thinking.

For the thoughts of this old rival, Julian. Robertson didn't understand anything, so he laughed at the moment and said with a little disdain: "George, don't think about it." Do you think I didn't redeem it? I flew in to meet with their supervisors, who were terrified of the current turmoil in the financial markets and would rather invest in other public funds or Treasuries than in stocks and other derivatives. So don't think about it, and don't expect to find out the identity of the investor from me. ”

As a top hedge fund manager, there is no shortage of investors, especially when the performance is outstanding, and investors around the world wave cheques and cry and cry and beg them to help manage their funds. But there has been some reversal of the situation, and snobbish investors are starting to reconsider the capabilities of these fund managers as their performance has fallen too sharply in the short term. And with the increase in the scale of fund management, it is becoming more and more difficult to achieve high growth every year as before, and the last thing Wall Street lacks is young talent, who have sprung up one after another like mushrooms after a rain, and some of them have even created a jaw-dropping annualized rate of return.

Even though there are investors everywhere who are chasing Soros now, it is clear that Soros understands the truth of planning ahead. Robertson revealed a little bit of news, and he inquired around the corner.

When it comes to the source of funding, the most popular among these hedge funds are various public funds. These public funds, which are mainly pensions and pensions, have a large base, and in addition to being managed by special personnel, they also need to increase investment channels to diversify risks. In some cases, hedge funds have become one of their preferred investment methods.

For hedge funds, what these funds are looking for is not how high the alpha is, but to outperform the market and outperform inflation. In this respect, there is not much pressure on hedge funds to pursue performance adequately, so these public funds have become one of hedge funds' favorite clients.

Every year, hedge fund managers hold a meeting to sell themselves or those who are interested in starting a new fund. Of course, these are just in fixed circles. And the top bigwigs who have been famous for a long time do not need to be involved, but sometimes they have to act as lobbyists themselves, persuading the managers of public funds to take care of their funds.

For Julian. Robertson's teasing, Soros just smiled, didn't explain too much, and then diverted the topic, "Julian, you and I have suffered losses recently, it seems that we should do something to make up for these losses?" ”

To be sure, the three recent big losses suffered by these two funds were all caused by political factors. Strictly speaking, the Hong Kong government's deception, the Russian government's misdemeanor, and the Bank of Japan's contrarian support are all force majeure factors. The economy is inextricably linked with politics, and the two are mutually supportive. But investors won't listen to your explanation, they just want their own money to roll in. More and more.

Therefore, how to appease investors with performance has become the most urgent thing in front of them.

"I know what you mean. However, I am afraid that it will take two or three months to prepare before the next offensive can be launched, after all, they are currently gaining momentum. However, if we can convince Tianyu Fund to sell the stock at a critical time, our time can be greatly advanced. ”

Julian. Robertson wiped his mouth with a white cloth and snapped his fingers at the waiter, and soon the young and handsome waiter came over and quickly took Julian with his hands and feet. The plate in front of Robertson was taken away. After everything was cleaned up, he said in a good time.

"I'm afraid it's hard!" Soros's brows immediately furrowed high, and after thinking about it again and again, he said slowly. "About Tianyu Fund and Bell Stone. Our people have been in contact with them, and this is a difficult little guy, very tough, very stubborn. Very tricky. But it doesn't matter. As long as we join forces. I believe that it won't be long before he finishes playing with Hong Kong. ”

"Oh, really?" Julian. Robertson deliberately avoided the term "joining forces". Focusing on Zhong Shi's body, "In my impression, George, you haven't put similar words on anyone, what kind of little guy is this, and he can get such a high evaluation from you?" ”

"All I can say is that this is a magical guy!" Soros thought about it again and again, and finally used a word like "amazing" to describe it, "In '92, it was said that I met him in England, but I didn't remember him at all. Now it seems that at that time, I am afraid, he even intervened in the attack on the pound. You know, he wouldn't have been a teenager at the time. ”

"This time we lost at his hands, and it is estimated that he managed more than $20 billion in funds. God, it took us old guys decades to have such a scale of money management, and it has to be said that it is a miracle that he, a little guy in his twenties, was able to manage a fund of the same size as us. ”

Even though he had known these things for a long time, Soros still couldn't hide his surprise when he narrated it. When Robertson saw his expression, the horror in his heart was several times more intense than his.

"Hong Kong, what a surprise!" After listening carefully, Julian. Robertson was silent for a long time, and only after a long time did he say slowly, "It may be the government's funds, which are managed by this person, and they are not really the funds he manages, after all, this matter is too appalling for me to believe in any way." ”

"There may be what you're talking about, but it's unlikely. If we had just failed there, and now that we were to return, it would be difficult to convince the travelers who had followed us. It takes time, both for you and for me. Of course, as far as I am concerned, Hong Kong's economic system is still problematic, and we cannot afford to let it go. ”

"As for the specifics, I still need time to think about them. There may be a wave of U.S. stock market rallies in the near future, and my staff and I need to take a closer look at this. However, our global markets are constantly monitoring other markets, and I will contact you if we feel the time is right. ”

After saying that, Julian. Robertson stood up, nodded politely to Soros, and walked straight out the door.

"There was neither a positive response nor a face-to-face refusal. Well, it works well! Soros looked at Julian. Robertson's back, a strange smile appeared on his face. He knew very well that he had planted a seed in the other party's heart, and it would sprout at the right time.

For the current situation, it is inevitable that the best thing to make new profits in the shortest possible time is to convince investors. Robertson did not give a clear answer, and Soros also knew very well that the other party was as anxious as himself. However, because of that incident, both sides do not trust each other enough, and once this heart barrier is crossed, it will be a matter of time before the two sides join forces again.

Interests, only interests are eternal friends.

After secretly smuggling in his heart for a long time, Soros quietly turned his head and prepared to continue the unfinished meal. After a hearty meal, Soros beckoned, and the waiter immediately stepped forward and handed over the bill. After just a slight glance, Soros's face immediately changed greatly, and he blurted out directly: "Damn, this guy didn't even pay the bill!" ”

The waiter secretly despised in his heart, but he didn't dare to show half a dissatisfied feeling on his face, he knew very well the identities of these two diners, so he could only slander: "With the net worth of the two of you, with such a dinner of a few hundred dollars, is it worth sharing each other?" God, what kind of monsters these people are! ”

After reluctantly writing a check for $1,000, Soros didn't forget to say to the waiter: "Give me change." This made the waiter's contempt for him a little more aggravated. (To be continued......)

PS: I hope you will continue to support you, thank you!