I Want to Shorten U.S. stocks! Snipe Wall Street!
(3,000-word chapter!) I beg for everything!
That's right.
Chen Daojun had traveled thousands of miles to come to Beauty. There were many things to do and many people to find, but the first thing he wanted to find was this god, Laffet!
Since he had been reborn and brought forward so many years, there was no need to support his own forces and team from scratch.
He only needed to aim at the future superstars from all walks of life and play poker!
In the movie, Chen Daojun had found an investment magnate from Korea, but how could he compare to a ready-made super big shot?
Even Wang Duoyu knows how to find a stock god to feed his kidneys. I, Chen Daojun, am also the son of a tycoon. Can't I?
The 1987 Laffet was very famous on Wall Street, but it was limited to being very famous.
In his previous life, Chen Daojun had also played the stock market. He had once read an autobiography by Laffet.
In his autobiography, he mentioned that around 1969, Laffet only had 80 million USD in his hands. By 1987, Laffet had managed about 300 million USD in funds.
He was already very famous on Wall Street! However, he was still not a giant like Soros!
300 million USD was far from his peak. It was not even a fraction of his peak.
It was around 1991 or 1992 that he truly became a giant!
It could be said that the Laffite in the future would be a 10,000-ton ship, but the 87-year-old Laffite would be a luxury yacht!
The boarding time was a little late, and the ticket price was a little higher, but fortunately, they could still board!
If he had come two years later, he wouldn't even have been able to meet his assistant!
Today's capital investment giants had hundreds of millions of venture capital funds in their hands. At the same time, they also helped their clients deal with investment businesses and manage assets.
。。。。。。
"You want to short the US stocks?"
Laffret frowned.
He looked at the child in front of him, and behind him were the employees of the Shunyang Group's office.
He did not understand.
However, this didn't stop them from talking. The child was eloquent and logical.
Most importantly, as a venture capital investor, Laffet didn't care who his clients were or how old they were.
Furthermore, it was Fang Shunyang.
。。。。。。
"That's right. I want to use this 32 million as collateral. I hope you can borrow as much American stocks as possible and then short the stocks.”
Chen Daojun said.
Short American stocks!
This was Chen Daojun. With 32 million in his hands, it was the best opportunity to make a huge profit!
When he received 30 million yuan, he was planning. An ordinary investment would take at least a few years to pay off. He couldn't wait. He wanted to get rich in the shortest time possible, it would be best if he got rich overnight!
This!
It was an opportunity!
On a Monday in October 1987,
It was called Black Monday by the stockholders!
The market opened that day,
On that day, global stock markets plunged under the lead of the New York Jones Industrial Average, causing panic in the financial market.
The Dow-Jones Index plunged 508.32 points in one day, a drop of 22.6%!
It set a record for the highest one-day drop since 1941!
6.5 Within an hour, the New York stock index lost 500 billion US dollars, which was equivalent to 1/8 of the US annual gross national product.
The stock market crash shocked the entire financial world!
In this stock market disaster, none of the big crocodiles were spared.
Only Laffet sold most of his stocks in advance…
It was also this battle that allowed Laffret to become famous and become a god!
of course
The only regret was that Laffret didn't go short.
He once wrote about this regret in his memories. If he had used his own assets to short, then his assets and reputation would have been comparable to the financial giant Soros at that time. He would not have to wait a few years later.
Because…
Before the stock market crashed, no one could predict it.
Before the 1987 stock market crash, Black Monday, the beautiful financial industry had never experienced a similar situation. The last time was in 1929, and those who had experienced that era were old, and the new generation had no experience. It was even more impossible for anyone to short it.
During the stock market crash in 2008, when goldman sachs was short on real estate loans, they had already experienced many major collapses. Moreover, they didn't completely sell short at that time. It was a hedge-off. They didn't expect to make a huge profit later on.
It was already very rare for Laffret to sell in time. If the short sale failed, he would have lost everything!
"This risk, I assess it as super risk.”
" I can use your funds to go short, but if it fails, you'll have to repay the loan with all your capital, and you'll have to bear several times or even ten times the compensation.”
"No problem."
Chen Daojun insisted and signed a loan contract with high interest.
The so-called short-selling of stocks could be simply understood as borrowing stocks and then immediately selling them for cash. When the stocks plummeted to the lowest point, they would buy them again and use the stocks they bought to return the borrowed stocks. The difference in the price would be earned by you.
For example, if you borrowed 10 yuan worth of stock from your friend and immediately sold it for 10 yuan, then the stock price plummeted to 1 yuan. You spent another yuan to buy the stock and return it to your friend.
This way, you and your friend's debt is cleared, and you earn nine yuan.
To get something for nothing.
A small capital and a huge profit!
Thus, Chen Daojun asked Laffette to do it, but he couldn't do it himself.
As a transmigrator, he did not come from finance in his previous life. He did not understand the rules and unspoken rules of the stock exchange on Wall Street in 1987. There was also no way to borrow a large amount of stocks.
And Laffite had fame and credibility, relying on Chen Daojun's capital, he could do a lot of short selling.
However!
There was a condition. You had to be sure that the stock would fall crazily!
but
Now that the stock market was booming, how could it be possible?
"I will do as you ask. Since you insist."
" But you have to bear the consequences yourself."”
Chen Daojun nodded. In front of this investment giant that was about to develop, he had no advantage. All he had was the prediction of Black Monday.
Therefore, Chen Daojun didn't talk much to him. The more he talked, the more mistakes he made and the more exposed he was.
After Chen Daojun left, Laffet began to lay out the plan.
However, he was still extremely puzzled.
"Could it be that Eastern children mature so early? It was said that they learned multiplication and division at a young age, and there was also the strange 99-times table.”
"Or maybe, this is his grandfather. The Shunyang Group is taking action, and he's just an agent.”
"The Eastern Group likes to cultivate their own family power.”
Laffet shook his head. Since the client had a request, then he would just do it. Regardless of whether he made a profit or lost money, Chen Daojun had signed an agreement with him, and he would withdraw a large amount of commission.
"Wait a minute."
Laffret suddenly said to his assistant,
"Bring me all the reports of the US stocks in the past few years. Gather all the information on the resources in the past few months and give it to me in an hour.”
An hour later.
Laffret looked at the data, and the more he looked at it, the more shocked he became!
(The trip to Wall Street was just for the protagonist to get more capital bullets and more early capital. He would soon return to the cold country.）
(Thank you for your support, brothers. The number of flowers has reached 50,000. The author has started to release more crazily!)
At the same time, the update was also effective today.
Yesterday, the rating did not reach 2000, but now it was 3000. If it reached 4000 tonight, the author would add another ten chapters! There's still a few more hours until night time. Please break through 4,000. I'm just a few more votes away. I'll add more when I get there! Kneel!
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