Chapter 131: The House (7)
Chapter 131: The House (7)
In addition to Kelly, there was also a thin middle-aged man wearing a light blue shirt and a dark blue tie, who stuttered a little when he said hello, but his palms were dry and strong, his knuckles were slightly protruding, and his palms could feel the calluses on them.
"This is John. Myriweser. John, this is Mr. Huang. After Dutoit's formal introduction, he said to Huang: "Mr. Huang, Mr. McLiwether is the one I once introduced to you, and he may be the top investment expert in the world. ”
As he spoke, he stepped aside, and McLiwether then said in a slower, slightly stuttering Irish tone: "Mr. Huang, I heard from Mr. Dutoit, you, you are a powerful investor, I hope to ......"
Slowly, but as clearly as possible, he tried to introduce Mr. Huang, a layman, to his company's unique model — the risk-free arbitrage model — that earned Merton the Nobel Prize.
However, Huang Xuan didn't say a word, and even Dutoita didn't see whether he was listening carefully or thinking.
In fact, since Dutois last introduced him to the trader, who caused almost $1 trillion in losses, he has had a lot of interest in McLiwither, but Aubrey's obstruction and distractions made him forget about it. But when Mileywether actually appeared in front of him, he still remembered a lot of things.
Speaking of which, the so-called "risk-free arbitrage model" used by McLeiweser, Huang Xuan is not incomprehensible at all, and the number of people who can understand it in this world is far less than the number of billionaires, but what impressed Huang Xuan was the leadership of McLiweser, which is what he learned the most from his family.
The success of LTC is based on Merton's model and the management of Michael Welles, a man who loves horse racing, golf and gambling, and his ability to make all the traders under his command enjoy these three forms of entertainment, and to connect the traders of the entire department from life to work, thus eliminating the possibility of internal collapse – in fact, McLiwether originally thought that the failure of Long-Term Capital could only come from within. Of course, in the end, it turned out that no matter how precise the model is, it cannot be compared with reality, but this does not prevent Huang Xuan from approving McYweser.
While horse racing, golf, vacations and even gambling may seem expensive, it's not too high for a company with fewer than 50 employees and a $5 billion profit.
In Huang Xuan's understanding, a good leader is far more precious than a doer, he thought about it, tapped the table with his little finger, stopped McLiwether from trying to explain to him what the problem of interest rate spread is, and said with a smile: "Does Mr. McLiwether still keep racehorses?" ”
Mileywether nodded slightly stunned, and at the peak of his career, he bought a few thoroughbreds.
"I also have a couple of good horses, and if Mr. McLiwether is interested, he can come and see my ranch in Brazil."
After easing the atmosphere, Huang Xuan's smile eased slightly, and said, "Mr. McLiwether wants me to invest $30 million in your new fund?" ”
"Yes, although, yes, it's a venture capital fund, but our expected interest rate, too, will also be above 10 percent." McLeiser said in a stuttering, but affirmative.
$30 million is a lot of money, firstly, it is the assets of a third of billionaires, and secondly, it is a sum of cash. Few people would put that much money into a venture capital fund, and that amount of cash would be enough to enter a whole new business. Even in banks, most investments do not exceed this value.
But for Huang Xuan, although he is borrowing from banks, because he does not have much business in hand, his capital utilization efficiency must be improved. In other words, from the bank's point of view, this is likely to be a guy who is willing to put his energy into the financial industry, which is why Dutoit introduced Mileywether to him.
McLiwether put forward this number in the hope that Huang Xuan would be able to make a choice after careful consideration. His JM raised only $150 million for the first fundraiser, which was much lower than the $1.25 billion that Long-Term Capital opened with, but that was already good for a trader who had just lost $4.5 billion, and now he is raising money for the second time, hoping to get at or near the level of Long-Term Capital that year.
"I do have a lot of money to spare at the moment." Huang Xuan smiled at Ditoit: "However, I prefer to manage my fund by someone rather than mix it with other people to invest." ”
"The overall investment, yes, will get a better rate of return." McLiwether was surprised by Huang Xuan's question, that people hand over their money to funds and banks, rather than hiring someone to handle it themselves, because they value efficiency.
"I have $200 million to invest." Huang Xuan glanced at Myriwither and continued: "But before that, I already have my own investment goals, although it is a very simple futures transaction, but if you are willing to complete it according to my wishes, I think this kind of cooperation is more conducive to mutual trust." ”
Huang Xuan is now very proficient in saying these words, in Dutois's view, this is obviously a sign of gradual maturity, thinking of Huang Xuan's increase in hundreds of millions of assets every month, he believes that this is the future star of the Huang family - this Chinese family has probably begun to find a way to avoid inheritance tax.
On the surface, McLiwether was a little unresponsive, like his stuttering, but it helped him think, he looked at Huang Xuan, and said in a slow voice: "Mr. Huang, you want to use the name of JM to conduct a futures transaction that you designed. ”
Fairly clear and straightforward description. Huang Xuan secretly praised and nodded.
Dutoit lowered his head, as if to observe the lines on the table, and even the somewhat nerdy Kelly looked away. The conversation between the two people has made it clear that the billionaire in front of him has something inconvenient to do by himself, and if McLiwether is willing to do it, he will invest $200 million in return. I just don't understand why he said this when there is a third party.
McLeiwether was visibly stunned, and his face was slightly angry, but he only closed his eyes for a moment and leaned back on the couch.
It looks like I want to hear the next breakdown.
Huang Xuan took a sip of tea and said with a smile: "This is just my personal matter, I could have looked for other financial companies, but I happened to meet Mr. McLiwether." He put down his teacup, flicked the table twice, and said, "I still appreciate Mr. McLiwether's investment ability, if you are really not willing to help, I can't use this money for the time being, but I can probably still come up with nearly 10 million dollars for investment." ”
McLeiwether closed his eyes tightly, then slowly opened them, and said, "If it's just a normal futures transaction, of course JM can trade on your behalf, but we have the right to stop trading at any time." ”
"Of course you have the right to stop." Huang Xuan flicked his teacup and said, "But it's not exactly futures trading, maybe it will involve bonds, or whatever, you know, I'm not familiar with this stuff." ”
“OK。” When Mileywether nodded, the atmosphere in the living room suddenly warmed up.
After casually talking about horse racing and golf, Huang Xuan got up and sent the three out of the room, only to see the hotel manager waiting anxiously at the door.
Although Huang Xuan was a little strange, he still said goodbye to Dutois, Kelly, and McYwether first, and then he was puzzled: "Is there a problem?" ”
"Your entourage has some trouble at the gym, I think you'd better get by." The manager has a dry mouth and looks like he has a tendency to get angry.
The attendant of the gym is naturally Dian Wei, this guy who "came from the ancient evil ......", does anyone dare to provoke him? However, if he messes with someone, uh, it should be relatively normal.
Huang Xuan smiled slightly embarrassedly, and said to the impatient manager: "I'll call two people to go first." ”
The manager's hair was about to catch fire, but he still waited patiently for Huang Xuan, and the other party was a guest.
Huang Xuan knocked on the door next door first, Diao Chan's beautiful eyebrows looked like she had just taken a bath, wiped her hair with a "hair" towel in one hand, pouted and said, "Didn't you go to work?" ”
Like a cute little wife. Huang Xuan couldn't help but want to touch her face with his hand, but he was quickly pushed away, and Xiao Mink Meimei said very dissatisfiedly: "I haven't washed my hands." ”
Huang Xuan didn't notice at all that Xiao Mink Meimei seemed to have a weak sense of resistance, and his eyes were attracted by the scene in front of him - Diao Chan, who had not yet learned to use underwear, was wearing a Real Madrid jersey that seemed to belong, or should belong to him. The sharp bamboo shoots rose and fell with the action of wiping his head, and Huang Xuan howled wolf in his heart and shouted: I love Real Madrid.