Chapter 138: Growth (1)

Wednesday.

Huang Jindi's physical condition is already very good, which makes everyone surprised and delighted. Huang Jindi, who regained consciousness, the first thing he did was not to see his children, but to beckon Zhang Xinyi to him and whispered.

Although Huang Xuan's uncles came to the hospital, they could not enter the room until Huang Jindi's instructions were completed, although this made everyone a little unhappy, but they always understood - at least in the third room, if they want to be in the other two rooms in business, the only one who can rely on this daughter-in-law is the "wife".

Because Huang Xuan made a big fuss in the hospital before, his eldest uncle Huang Yanbang taught the director of the hospital a hard lesson, plus Huang Jindi's identity, the hospital is currently in a high security state, and Huang Sugui and others should not know about their condition.

Huang Yanbang has a very powerful face with Chinese characters, and in terms of temperament, he is almost carved out of the same mold as Huang Jindi. Because of his ambition for a career, he basically gave up getting bonuses from the Huang family, but for Huang Xuan, he was still one of his closest uncles.

According to the "medicine" effect of Yan 4N, it will take at least 2 weeks for Huang Jindi to return to his mental state before he got sick, and as for the complete recovery of his body, he may need to continue rehabilitation. Of course, it is already very satisfying to be in such a state.

The doctor instructed to disturb the patient as little as possible, and everyone quickly walked out of the hospital, and as soon as Huang Xuan got into the car, he said, "Lorraine, call McLiweser." ”

JM's survival is not bad, and among the countless fund groups on Wall Street, it is not enough to be above and more than enough, but for McLiweser, such results are not satisfactory to him. In the course of his financial transactions in the past 20 years, even when he was in the Salomon Brothers company, he was a small crocodile who could make waves, but today, with a total capital of only 150 million US dollars, he has to rely on others, which does not make McLiwether feel angry.

Throughout, McLeiwether believed he was the best, and that sentiment was no exception after the failure of his long-term capital management firm, and Huang Xuan's $200 million seemed to inject him with a shot in the arm and swell his self-confidence again.

"Mr. Huang Xuan." Miley Wither, whose eyes were fixed on the computer screen, said in a heavy-sounding voice.

"Has the money arrived?" The $200 million will be placed in a segregated account and operated as JM's partnership funds.

"Yes." After confirming twice, McLeiwether got up from his chair and paced back and forth in the room and said, "I found two traders and they and I will support you in your small trades, they ......"

Before McLeiwether tried to name the two traders, Huang Xuan interrupted him: "That's enough, this afternoon, can you start in the afternoon?" ”

"As you wish." In fact, financial companies are cautious guys, and they can give up $10 million in cash in order to save a possible $100 million loss, which is a way that every trading company allows, or rather, this is the way of trading that is popular on Wall Street. However, they don't make decisions lightly.

Even the largest venture capital firms can afford no more than 30% of the risk. The well-known Soros, the hedge fund "operated" by the predator, itself was set up to avoid risks. What many people can't understand is this, Wall Street, on the contrary, is the most intolerable place in the world to bear the risk - when a farmer is willing to invest an extra $1,000 in fertilizer on his farm that may be hit by hurricanes, Wall Street may be crazy to estimate corn, wheat, all agricultural products that may be hit by hurricanes, more often, they will not simply estimate, but buy another batch by the way, which is also to reduce the risk.

What makes McLeiwether better than most Wall Street traders is that he has more endurance than most traders, and because of this, he has a chance of becoming the most losing trader in the world. However, it is such a guy, when he heard Huang Xuan's request to expand the financial leverage to 100 times, his first feeling was "This Chinese is crazy." ”

The so-called financial leverage, to put it simply, is to operate with debt. The margin system in the futures market is used to the fullest. That is, use your money as a fulcrum and use this money as a margin to use more money to invest, but once you lose more money than the margin amount, the bank will withdraw all the money and the leverage will end.

Broad financial leverage is widely used, it is not only applicable to transactions with banks, but also between funds, or in other words, throughout Wall Street, London, and in various markets around the world, theoretically speaking, your financial leverage can reach any degree you want, such as 100 times, or 1000 times.

However, of course, the return brings a high amount of risk, and the more reasonable financial leverage is between 10-20 times, and the 100 times financial leverage proposed by Huang Xuan means that McLiwether can use 20 billion US dollars for financial investment, but once his investment products fluctuate downward by 1% or more - game over.

A 1% fluctuation, whether it's futures, stocks, or even real estate, is a natural thing.

McLiwether had to be patient and said to Huang: "Mr. Huang, in fact, if you adjust the financial leverage to a ratio of 15 times, you can already get a very high rate of return. 100 times is a dangerous number, and there are very few financial institutions willing to take that risk. His so-called risk to financial companies is that although the margin system is relatively safe, if the leverage ratio is higher than the range of fluctuations, specifically, if a financial product suddenly falls by 2%, the institution may not have time to recover the funds, and the extra 1% loss becomes the loss of the financial institution. However, in fact, more than 10 times the financial leverage is achieved indirectly by borrowing different financial derivatives, and McLiwether said this just to dispel this idea for Huang Xuan.

Huang Xuan confirmed to Lorraine: "You guarantee that your information is correct? $200 million is not too little. ”

His Excellency the Warden said calmly: "You only need to pay attention to your Nengton consumption, are you sure you risk losing thousands of Nengdon just to earn a little dollar?" That thing doesn't do much in dimensional travel. ”

"It's not just about making a little dollar." Huang Xuan covered the microphone and said: "Moreover, the dollar can buy grain and livestock, think about why Lu Min gave us a sum of money in the end?" Isn't it because I gave him the food, so your experience in the Great Plane Era is no longer suitable. ”

Lorraine did not refute, and Huang Xuan said after a little thought: "Then let's control the financial leverage at 60 times, which is the lowest value." ”

Of course, 60 times is much safer than 100 times, but it still doesn't reassure McLiwither, who insisted: "Mr. Huang, I want to add 50 million dollars, maybe it would be more suitable." ”

That is the financial leverage of 1:48, 12 billion US dollars, Huang Xuan calculated silently in his heart, and felt that it was quite acceptable. Although Lorraine insisted that his information was very accurate, and Huang Xuan was not prepared to speculate on uncertain products, the similarity is not guaranteed, and it is always useful to follow the advice of professionals.

Huang Xuan's kindness made Mileywether very happy and said, "Mr. Huang, we are all ready. ”

"Hmph." Huang Xuan looked at the table below, took out the printer paper from Lorraine, and the front was "At 2:30, the Argentine 'government' announced that the farmers' strike may come to an end, and soybean futures fell." The July soybean contract fell below most moving averages between $13.40 and $13.21 before closing down 32 cents at $13.47-1/2. The New Crop 11 soybean contract closed 13-3/4 cents lower at $13.19-1/4. July soybean meal fell $6.70 to $345 per short tonne. July soybean oil fell 1.47 cents to 60.03 cents a pound. The similarity is 95.8%. ”

This message is from Lorraine's search, and since the "government" information has a certain degree of anti-interference "property", in planes with a similarity of more than 95%, such news is usually credible. As for the information itself, it is related to the news a few days ago: Argentine farmers are protesting against the export tax on soybeans, and the strike of farmers has affected Argentina's soybean exports.

This kind of news may not be a secret to Wall Street, they have a high chance of getting the news a few hours before the release of the Argentine "government", but it will never be earlier than Huang Xuan, he laughed twice, and said: "Lorraine, how is Fusheng Securities?" ”

"They're still in the bond business."

Huang Xuan nodded, picked up the phone, and said, "Mr. McLiwither, I want to short July soybean futures." ”

"Until when? How much to short? "Telephone transactions actually give McYwether a sense of security, compared to face-to-face secrecy, McYwither needs something that is not too confidential like the phone to ensure that he will not be dragged into some whirlpool, so his current state is much better than the day he met Huang Xuan.

"Half position, holding for three days or falling by more than 2%." Huang Xuan looked at the printer paper again, the next strike is three days later, the decline during this period will be about 2%, with the current financial leverage, 2% of the half-position operation of 6 billion US dollars is 120 million US dollars, which is equivalent to his principal of 250 million US dollars, and the profitability is about 50%.

“OK。” Now that Huang Xuan has made a decision, Mary Wither doesn't say anything anymore.

The main reason for not investing more money is the issue of similarity. As Lorraine said, too much total capital will cause a great loss of similarity, which is not only related to the buffer belt energy, but also makes the later information less accurate. Conversely, increasing financial leverage, since most of the money comes from Wall Street itself, has a smaller impact and can also make more profits.

The second page on the printer's paper mentions that "since the increase in feed prices is a foregone conclusion, the increase in livestock prices will be reflected later in the month......"

Huang Xuan crossed one leg and lay comfortably on the back seat.