Chapter 194 [Layout of the Subprime Mortgage Crisis]

With the very smooth end of the developer conference, Luo Sheng didn't really give himself a long vacation, but temporarily withdrew his energy from the two companies, because there were more important things to deal with next.

2007 is approaching, Luo Sheng can't wait, now it's the best opportunity to make a move, and there will be no chance to harvest if he waits any longer.

Wednesday afternoon, Luo Sheng's office.

"Come in."

Luo Sheng responded and looked up.

Qin Weimu entered his office, came to his desk and stood there, put down the stack of documents and materials in his arms, and said, "This is the material you want." ”

Luo Sheng picked up the materials and opened the list, and looked at it silently for more than ten minutes, Qin Weimu naturally clasped his hands in front of him and looked at the other party without saying a word.

She looks really good in this pose......

However, Luo Sheng's attention was not on her at this time.

"Just these two, contact them as soon as possible, and besides, you go and get ready, and come with me to New York in a few days."

Luo Sheng took a pen and drew a tick on the two directories on the materials, namely Paulson Hedge Fund and Heirs Hedge Fund, both of which are funds specializing in M&A arbitrage and event-driven investment.

Qin Weimu's beautiful eyes flashed, and he couldn't help but say, "Go in person?" Are you not afraid to worry about exposing the source of funds? ”

Luo Sheng said: "Of course I won't trade in person, this is not my specialty, just to meet with the heads of these two funds, that's all." ”

Hearing him say this, the doubts in Qin Weimu's heart quickly dissipated, and it was no problem to meet with the heads of the two funds.

It is also impossible for them to disclose information about their investors, and these hedge funds have a lot of sources of funds, and once they leak information without the consent of investors, they do not need to mess around on Wall Street.

Because there will be no more investors, basically say goodbye to the career forever.

In particular, the more influential large funds, such as Paulson's hedge fund, in Luo Sheng's previous life, its head of a series of operations since the subprime mortgage crisis, once overshadowed a financial predator like Soros.

Not an ordinary person in itself.

Qin Weimu couldn't help the curiosity in his heart, looked at Luo Sheng and asked, "You should be able to tell me now, right?" What exactly is to be shorted? ”

Luo Sheng tilted his head and stared at the pretty face in sight: "A financial storm from the North American subprime mortgage bonds as the fuse and then sweeping the world is inevitable. ”

Hearing this, Qin Weimu couldn't help but be stunned for a while, and said, "When did you start researching financial bonds?" ”

Luo Sheng smiled: "Secretly, okay?" ”

Hearing this, Qin Weimu shook him with a big roll of his eyes, and said thoughtfully after a while: "Since I followed you, I don't pay much attention to the international financial market, but I only occasionally look at relevant news, listening to you say this, I remembered that I read an article on finance in the first half of the year, which shocked me very much, the subprime mortgage in the United States is very crazy, the bank is crazy about lending, and you can even get a loan in the name of a pet." ”

Luo Sheng sighed: "As Buffett famously said, 'Fear when others are greedy, and be greedy when others are fearful'. Feeling the fear of the coming financial crisis when the market is collectively greedy and crazy, the Wall Street bankers are now messing around with mortgages, credit default swaps (CDS) with one hand, and secretly engaging in collateralized debt obligations (CDOs), selling anything for money, and making money on VAM agreements or whatever, hehe......"

With that, Luo Sheng got up from the desk, poured himself a glass of water, and sat down on the sofa next to him, looking at Qin Weimu's beautiful face.

"Let's get ready to cash out, cash out all the shares of Bluestar Technology held by the family fund, and I will sell another 20 million shares...... emmm, or your stocks will be all sold off, and your worth will increase several times, how about it? ”

Qin Weimu leisurely turned around and sat down next to him, staring at the other party: "All? From an investment point of view, this is very irrational, what if you lose money? ”

It is worth mentioning that the assets under Qin Weimu's name, in addition to holding the shares of Bluestar Technology Group, more than 95% of the other assets are in the name of the offshore family trust fund established for Luo Sheng.

Luo Sheng immediately sat upright, looked at Qin Weimu and said solemnly: "It's impossible to lose, I personally guarantee and mortgage it to you, it's a big deal to pay you for it, the legendary people and money are both gained, or blood is not lost, right." ”

Hearing this, Qin Weimu glared at him angrily: "Don't come with me like this." ”

Luo Sheng was serious: "Actually, I don't like sets either." ”

Qin Weimu: "......"

Seeing this, Luo Sheng hurriedly changed his words: "Okay, don't make trouble, let's be serious, you can do it." ”

Qin Weimu didn't hesitate too much, and rarely said unreasonably: "Okay, I believe you, you have to compensate me for the loss anyway, this is what you said, you are not allowed to regret it, otherwise it will ......"

Luo Sheng decisively grabbed and said: "Otherwise, someone will pay you first?" ”

Before the words fell, he pounced on the other party, causing the beauty's pretty face to change slightly.

Luo Sheng looked at her with a smile and said, "What are you panicking about?" As the saying goes, a twisted melon is not sweet, but fortunately, I am not very thirsty, so I plan to keep it for sweet. But I'm super curious, how do you solve that problem on a daily basis? Or do you want to use a bouncing ball or something......"

Before he finished speaking, Qin Weimu, who had already heard the blushing and shy, grabbed a sofa pillow next to him and threw it towards Luo Sheng, who quickly caught it: "Yo, looking at your angry appearance, could it be that I really said it?" ”

In the past, Luo Sheng would definitely not be so presumptuous, but since the beginning of last year, she took away her first kiss and had this kind of relationship, and after getting along for so long, she has roughly figured out her character.

In this situation where there is no third person present, it will be okay to take advantage of the cheap and take advantage of it, and you can even take a risk if you are hungry or something.

"I didn't!"

Qin Weimu immediately denied it, and suddenly there was a feeling that it was getting darker and darker, and he suddenly felt speechless for a while.

However, the professionalism she developed as a lawyer made her calm down quickly, and after a while, after adjusting her mentality, Qin Weimu shook an indifferent face at Luo Sheng, turned her head, and said on her face that she didn't want to pay attention to you.

Luo Sheng coughed lightly a few times and said with a smile: "Okay, okay, let's get down to business." That, you deal with it as soon as possible and sell the stock to cash out. ”

After confirming that he was no longer playing hooligan, Qin Weimu ignored him again, talked a few words, and left decisively as soon as she finished talking about the matter, so as not to be mentally violated by her again.

……

According to Luo Sheng's decision, Qin Weimu began to sell the shares of Bluestar Technology to cash out to reserve cash.

The current market capitalization of the world's top 10 listed technology companies is:

Microsoft: $293.5 billion

Cisco: $166 billion

IBM: $149.7 billion

Blue Star: $134.9 billion

Google: $125.8 billion

Intel: $117.5 billion

Samsung: $112.7 billion

Apple: $72.9 billion

Dell: $71.6 billion

Yahoo: $48.2 billion

In addition to the top 10 listed technology giants in the global technology industry, there is another major technology giant, Oracle, which cannot be ignored, but Oracle has not yet been listed, but its valuation has reached $88.7 billion.

Since the disclosure of the third quarter financial report, the market value of Bluestar Technology has risen sharply again, and every time the financial report is released, it will usher in a strong rise, and the annual report will be released soon, Luo Sheng will not doubt that once the annual report is disclosed, it will definitely rise sharply, because he already knows the approximate revenue and profit data, but it is still under further audit.

But there was no time left for Luo Sheng.

In the following week, Luo Sheng, Qin Weimu and their offshore trust funds successively cashed out on a large scale.

The first is Luo Sheng, who sold 1.59% of his shares on October 15, totaling 21.78 million shares, and cashed out $2.14 billion at $98.47 per share.

As the founder and helmsman of Bluestar Technology Group, Luo Sheng's cash-out news broke out, which immediately attracted huge attention from the market.

On the second day, a spokesman on behalf of Luo Sheng held a temporary press conference, explaining that the purpose of the cash-out was to restructure and optimize the allocation of personal assets, and that it was within the restricted sales ratio, and the company's operation was healthy and good.

The subtext is: You people don't see the wind or rain, the company is developing very well, and my brother will not cash out and run away with his sister-in-law.

In fact, Luo Sheng really wants to cash out and leave the market, theoretically he can throw it all away, because above the Bluestar Technology Group, there is also a limited partnership structure of the company that controls 100% of the Bluestar Technology Group, and this limited partnership is equivalent to the parent company of the Bluestar Technology Group, and the company will not be subject to the restriction of sales.

Everything is legal.

Such an explanation is given, which is a reflection of the responsibility to the market and the majority of small and medium-sized investors, and it has not caused much negative effect.

Gates is also constantly selling his personal holdings of Microsoft shares, which some investors in the outside world understand as asset diversification, which is to put all the eggs in one basket.

More technically, it is called hedging.

Subsequently, Qin Weimu also sold all the shares of Bluestar Technology held by her, cashed out 1.75 billion US dollars, and all the assets such as Luo Sheng's family-style offshore trust fund pool, all of which were added up, Qin Weimu is now worth 1.8 billion US dollars.

In the end, she cashed out $3 billion of the shares of Bluestar Technology held by the offshore fund itself, which was only $1 billion when she bought it, and recorded a 200% return in less than a year.

This is since the listing of Bluestar Technology Group, the largest scale of funds to leave the market, even Wall Street is paying attention, no one knows which shareholder threw it away, the 3 billion US dollars of huge capital left, Bluestar Technology's share price was finally fluctuated, and the market's emotional reaction suddenly came up.

At the opening of trading on October 14, affected by this sentiment, Bluestar Technology's stock continued to decline, and the market value fell to $133.5 billion in after-hours trading.

Some investors questioned whether there was something wrong with Bluestar Technology Group?

It has to be said that the stock market is sensitive, especially when large-scale funds quietly leave the market.

The fluctuation of the company's stock price did not affect the operation of Bluestar Technology Group, and Luo Sheng did not explain anything to the outside world, he only did one thing, held a meeting within the company, and stabilized the management, especially reminding not to care too much about the changes in the company's stock price, otherwise he would become a slave to profits.

As long as Luo Sheng does not panic, no one in the management will panic.

Moreover, Bluestar Technology is not short of money at all, last year's second public offering raised $7.5 billion, and now the company's total cash reserves have reached $12.6 billion, which is only a handful in the world, even if it is winter, the company has enough food to survive the winter.

The cash-out plan actually received $6.2 billion after tax.

In mid-October, before the arrival of Azure's release date, Luo Sheng took Qin Weimu and other team members to New York on a special plane to start the harvesting operation.

……