Chapter 182: New Skills to Show Off Wealth [Asking for a Guaranteed Monthly Pass]
Cang Yaozu couldn't sleep all night, he really wanted to go collect and buy some stones now, but unfortunately, the antique and jewelry store should not be open 24 hours a day. Finally stayed up until dawn, got up and had breakfast, Cang Yaozu and Gisele Bundchen went shopping in the business district of Munich, and also went to several jewelry stores.
Cang Yaozu not only bought a lot of jewelry for Giselle, but he also bought a lot of himself, two bracelets and a necklace, a diamond ring, a sapphire ring, a wrench and a piece of jadeite rough, which can be described as a complete category. Giselle knew that Cang Yaozu didn't wear these things at all before, and he didn't even bring a watch.
When Giselle asked Cang Yaozu why he bought so many kinds of small bits and pieces, Cang Yaozu could only tell her that he had recently unlocked a new skill to show off his wealth, and he felt that bringing a big gold chain or something was more in line with his noble status.
Giselle was speechless, isn't it enough for me to show off your wealth? If not, don't you have several women?
Cang Yaozu told her not to be jealous of his handsomeness, jealousy is the devil.
The bejeweled Cang Yaozu and Giselle flew back to New York, and Cang Yaozu was going to the Wild Bank on Wall Street to have a look, and the financial team that helped Cang Yaozu operate the Thai baht was on the top floor of the Wild Financial Building.
June is a very critical period, during which the Bank of Thailand will launch its final counteroffensive, and Cang Yaozu remembers that there will be a small appreciation of the baht, up to about 23 baht per dollar.
Cang Yaozu asked his team to place some long orders near the point of 1 to 28 against the US dollar against the Thai baht within this month, and lock the position, which can not only prevent some short orders from blowing up, but also earn profits from a wave of pullbacks.
When the Bank of Thailand made a move and the dollar against the Thai baht went below 24 points, it closed all long orders and went all out to short the Thai baht. If there is no chance to close the long position, then on the last day of the month, no matter what the point, the long position will be closed.
This June was also very exciting, Cang Yaozu smashed 12 billion US dollars with 10 times leverage on the short Thai baht, and the average opening price was 1 US dollar to 24 baht.
The closing point set by Cang Yaozu is 32 points, at which time Cang Yaozu will close some positions and then short the currencies of other Southeast Asian countries.
Even if the 32 point cannot be reached in June, it will definitely be reached in July, and the Thai baht will depreciate to the point of 55 baht per US dollar in January 1998, so Cang Yaozu will leave more than half of the position to continue to short the Thai baht and continue to make money.
Closing half of the position at 32 points is a lot of money, enough to pay the 7 billion balance to be transferred to the Bronfman family, and there are still billions of dollars left to short the rupiah.
In this June, the Bank of Thailand's foreign exchange reserves of more than 30 billion US dollars were all smashed into the foreign exchange market, but they still could not stop the pace of Soros's offensive and international travel funds.
When Thailand's foreign exchange was depleted, the Bank of Thailand was forced to announce on July 2, 1997 that it would abandon the exchange rate system of pegging the Thai baht to the US dollar and implement a managed floating exchange rate system.
On this day, the exchange rate of the Thai baht against the US dollar reached 32.6, which was a depreciation of more than 30%. Cang's operation team closed nearly half of the positions, and after deducting some transaction fees, Cang Yaozu had a profit of $15 billion in his account.
If all the positions are closed, Cang Yaozu's account will have a profit of $30 billion, and if the principal is $12 billion as a margin, it will be as much as $42 billion, which is really happy.
When Soros launched the February offensive and the May offensive, Cang Yaozu's $5 billion exceeded the goal of doubling to $12 billion, mainly because his financial team used 10 times the investment leverage to amplify the gains.
By the time of the Thai Baht Armageddon in June, Cang Yaozu's $12 billion entered the short with 10 times leverage, which is equivalent to using $120 billion to short the Thai baht, and the Thai baht fell from 24 to 32 points, and Cang Yaozu's $120 billion short Thai baht can be closed with only $90 billion at 32 points, so the profit is $30 billion.
The profit from closing half of the position is about $15 billion, plus half of the principal of $6 billion, and there is $21 billion in the account. After deducting the transaction fee and the bonus paid to the team, Cang Yaozu transferred another $7 billion to the Bronfman family, leaving $13.5 billion in the account to short the rupiah, which is completely sufficient.
Now there are more than 60 billion US dollars of short orders in the account of Cang Yaozu in the Thai baht, although the position has not been closed, but the money is certain, so there is basically no need to worry about the problem of margin and liquidation, Cang Yaozu asked Wild Bank to give him the team of shorting the rupiah to continue to use 10 times the capital leverage, I believe that the income on the rupiah will be higher than in the baht.
At the beginning, Cang Yaozu used $5 billion to follow Soros and international travel funds to operate, so how big is the scale of international travel funds? According to rough estimates, the scale of international travel funds is as much as 150 billion US dollars, and Cang Yaozu only accounts for less than 3% of them.
Of course, other floating funds may not use high leverage, and they will also have a lot of losses due to improper operation in the process of operation, after all, their operation is not as accurate as Cang Yaozu.
Cang Yaozu's team began to build a short position in the rupiah, and when the bank had spare power, Cang Yaozu also authorized the team to make some other investments, such as the stock market and futures market, after all, the amount of funds is too large, and a single investment model is not suitable, too eye-catching. The big principle was set, and Cang Yaozu was also relieved, and he could finally rest for a few days.
These days are not light, mainly because of the great psychological pressure, after all, the foreign exchange market is changing rapidly, no one knows what changes will occur, Cang Yaozu needs to keep making judgments and choices, with his physical fitness, he feels tired, tired.
Time into July, Xiangjiang has also returned, the short Thai baht list has also closed half, up to now, Cang Yaozu can proudly say that this financial market operation will basically not lose money. In order to celebrate, Cang Yaozu first gave the operation team a round of bonuses, and then encouraged them to keep up their efforts, and more bonuses were waiting for them.
Cang Yaozu also found a beach in Florida, and he himself planned to take Jennifer over to sunbathe, swim, and relax for a while.
First 5 billion US dollars, and now another 7 billion US dollars have been transferred, and the 12 billion US dollars that Cang Yaozu owes to the Bronfman family have finally been fully repaid, and Seagram Group and Universal Pictures can be regarded as completely belonging to Cang Yaozu.
There are still $60 billion of Thai baht short orders, and the $60 billion short orders have a profit of $15 billion at the current point, plus 6 billion principal, then it is another $21 billion. There are still more than 13 billion US dollars in the account that are being shorted in Indonesian rupiah, and by the beginning of next year, there will be tens of billions of US dollars in the account.
Happy can, but it's not time to get carried away, Amazon went public on May 15, and the stock price rose from $18 to $23.5 on the same day, although there was some drop later, but this fall is exactly what Cang Yaozu wants to see, at more than $14 Cang Yaozu and his friends have bought a lot, yes, Amazon's stock has broken, can you believe it?
In fact, this is very normal, and it is far from the time when Amazon rises, let alone break, and Amazon's stock price will fall to single digits. Amazon is far from the moment when it becomes a god.
If you want to say that any company wants to hit the market value of trillions of dollars, then he can't help but engage in cloud computing, Amazon, Apple, and Microsoft.
Therefore, Cang Yaozu will also put cloud computing on the agenda, and he is engaged in the RISC-V architecture in order to lay out servers and cloud computing. You know, if you want to engage in cloud computing, you have to have the scale of millions of servers, such a large list for your own enterprise, to engage in internal circulation, isn't he fragrant?
Cloud computing is still far away, and its own RISC-V architecture servers are still in their infancy, these are still Cang Yaozu's vision goals, let's talk about Amazon in front of us.
From late May to full June, Cang and his friends bought from $14 to $18 until July. Although Amazon's stock is going to fall to single digits, but that's not now, that's after the bursting of the Internet bubble, before 2000, these stocks naturally have to be cashed out, to put it bluntly, Cang Yaozu is now just to make money, no one will be afraid of more money, right?
Cang Yaozu is indeed suspected of helping Amazon speculate in stocks, but if Cang Yaozu doesn't buy it, won't Amazon's stock rise? Of course, it will rise, and every Internet stock on the NASDAQ will rise, so why not buy it, in less than half a year, Amazon's stock should not be a big problem of tripling or fourfold. It's no less profitable than shorting the Thai baht. But Cang Yaozu is actually not very interested, why?
The reason why Cang Yaozu chose to focus on operating the Thai baht and Indonesian rupiah is because it is easy for him to raise funds through the Universal Studios project in Southeast Asian countries, which is a good thing for the white wolf with empty gloves, there is no cost, he borrowed a lot of money, and then repaid it in a year, and after paying the fixed return, there will be considerable profits left, which is equivalent to sending money to Cang Yaozu, so it would be stupid not to increase the intensity of fundraising.
Another is that the plate of the foreign exchange market is large enough, after all, the number of stocks listed on Amazon is limited, the market value of Amazon is 438 million US dollars, and the market value reached 560 million US dollars on the day of listing.
Cang Yaozu spent millions of dollars to collect a lot of Amazon stocks, these stocks he was going to hold until 2000 before the Internet bubble burst, and then, Amazon's stock will also usher in an avalanche, until it falls to single digits, Cang Yaozu remembers that it seems to be 6 US dollars, and then you can buy more, and then stay until 20 years later, in case Cang Yaozu's own company has not done Amazon after 20 years, he can also have an income to ensure that he has no worries about food and clothing.
Haha, this is a bit unproductive, but the world is impermanent, and it is always good to have a little more protection, and it will not be a loss anyway. In this life, even if Cang Yaozu is there, Bezos will not be ordinary.
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