Chapter 9: Black Monday: Faith

"Hugo, Hugo?"

A call came back to his thoughts, and Hall stood on the front steps of the villa's main entrance, watching Jared and his group's convoy slowly move away.

Caroline on the side caroed: "You are distracted, what are you thinking?" The expression is so serious. ”

"It's a very important thing, and I think we'll have to talk about it." Hall unbuttoned one of the top buttons of his shirt, let out a long exhale, turned and strode back inside.

He didn't predict the market crash at the financial meeting just now, and after thinking twice, he decided to convince Helena behind closed doors.

In the main study, Helena stood up to greet her son with a face full of relief and pride: "You performed very well today, maybe you don't need me to participate in the next quarter's financial meeting." ”

"I don't mind presiding over next quarter's financial meeting, provided you don't give me a mess with a loss of thirty-five million pounds." As soon as Hall opened his mouth, he was shocked by UC.

Helena didn't care, just smiled: "I won't be surprised if you make any moves now, you don't need to perform with me." Let's be honest, our genius, what do you think? ”

"What I want to say is: a financial risk is about to occur in the global financial market, and the London market is about to end, so I hope to adjust our financial investment assets and avoid risks in advance."

Hall's tone was calm and direct, carefully observing the changes in the old mother's expression.

Helena's reaction was a little better than he expected, raised her eyebrows, and sat back on the sofa without hurrying: "What is the basis for your judgment?" ”

“…… Market confidence. Hall's breath was suffocating, and academic rational analysis was useless, so he could only engage in some mysteries.

Helena shook her head: "I remember you just asked Mr. Monte about it, and you should be able to see the confidence in the financial markets at the moment. ”

"Because the market confidence is so strong, no one cares that the bond market in London has not risen for half a year since the signing of the Louvre agreement this year. Not only London, but also the financial markets of all countries in the world are currently at a relatively high historical level due to various factors.

In the United States, the Dow Jones hit a new high of the year in August, and investors rushed into the market waving money, and no one paid attention to the 10% drop in the Dow Jones index since September. Germany...... Neon ......"

Hale enumerated a long list of facts, and Helena frowned.

"With the frenzy of confidence in the whole market, the Yankees are playing the trick of borrowing and Movering, and the British are planning to privatize all the companies and put them on the stock market...... Speculators all over the world are using a variety of ultra-high leverage tools to make a big profit in the market.

These insignificant problems are masked when the market is in high spirits, and when the slightest decline is revealed, these small problems become a strong smell of, and the slightest spark will explode and send the entire market to the sky.

You should understand how terrible "confidence" can be for financial markets. There is never rationality in financial markets, and there is always a cycle between extreme fanaticism and extreme fear, with no intermediate value.

Now, financial markets are in decline. Hall gushed on and on for plausible reasons, and in the end he was going to believe it.

"So what do we do?" Helena asked after ignoring the expletiveness in his words and pondering for a long time.

Hall shrugged: "I don't know, my advice is to go short, obviously you won't take this advice." ”

"That's thirty-five million pounds, a quarter of the wealth that the Hall family has accumulated over seven generations, and since I inherited it, I must always be careful to ensure that it reaches you. I don't want the Hall family to go bankrupt in my hands. Helena didn't say believe it or not, but just stated a fact.

For this result, Hall has some expectations, Helena can listen to what he has said seriously, and it is good to communicate with him frankly, as for whether to make corresponding measures......

Hall still wants to fight for it: "I don't know when the market will crash, maybe tomorrow, maybe a month from now." Shorting is indeed risky, but at least in the short term, you should withdraw your funds and avoid risks. ”

"I'll need time to think about it, but I'll ask Caroline to prepare a plan for dealing with the risks." Helena chose to compromise with the suggestion.

"Yes, so be it. I expect the risks to be mainly in the stock market, bonds, money market; Futures, real estate, and other markets related to the real economy will have less impact. Hall pinched his eyebrows.

With today's warning, even if Helena can't completely avoid risks, when the market crashes, she can react quickly and stop losses in time.

After all, the market doesn't fall in a day.

"Also, I want a sum of money to short the stock market." Hall plans to make a profit by shorting himself to make up for his family's losses in disguise.

Personal short + remind Helena to stop losses in time and walk on two legs, this is the best plan he can think of to deal with this financial risk for his own family.

His identity as a "rich second generation" should be very secure, operate properly, and be lucky, maybe he can get richer......

Helena looked at her son thoughtfully, "Yes, but we have to make an agreement." I'll give you £2,000,000 to use only for financial investments, for a period of ...... Trimester. There is no profit or loss requirement, but you have to tell me an investment plan. ”

2 million pounds, equivalent to a quarter of last year's net family income, there is no profit and loss requirement, it can be said that Ms. Helena is very generous, and Hall naturally has no reason not to agree.

"I can guarantee that the money will not be used for other purposes, and I will notify you at the critical point of using the funds, but it is impossible to write any investment plan. Short-term speculation is uncertain, and I have to be adaptable. ”

Hall hasn't figured out exactly how to do it, and "shorting the stock market" is just a general direction.

Helena continued to bargain with her son: "Understood, then I have to arrange for Lawyer Benjamin to supervise you, he will not interfere with any of your decisions, and at the same time provide you with the help you need." Spending money is a technical job, and it's not easy to spend £2 million on your own. ”

This is understandable, Hall did not hesitate to respond, if there is no person in the circle to lead the way, he takes such a large amount of money to enter the market, the effect is no less than "children holding gold through the city".

With everything in place, Helena immediately asked Caroline to mobilize the funds.

After agreeing that the funds would arrive tomorrow, Hall took the checkbook, packed his suitcase, and got into the car that went to the city to return to school.

"Are you and Aunt Caroline sure to go to Milan and Paris for Fashion Week next week?" Hall suddenly asked thoughtlessly.

"Of course, I made an appointment with your Aunt Julie."

Helena helped him close the car door, "Aunt Julie misses you very much, if you have time next weekend, you can come to Milan to find us." ”

"Okay, I'll think about it, have fun." Hall waved goodbye.

The corners of Helena's mouth curled slightly, and then her expression changed: "Hall, genius is a praise for past achievements, not an affirmation that has not yet happened. ”