Volume Three, Three Years of Facing the Wall, The Volume of Breaking the Wall, Chapter 15
.Chapter 15
"Mr. Zhang, now we can finally let go and do a big fight." Yu Qian said on the phone very quickly and urgently. In recent years, Yu Qian has been the boss of Yinzhou Venture Capital. Although he has firmly maintained the throne of domestic venture capital, the traffic per year is only a little bit, which makes Yu Qian, a big tycoon who calls the wind and rain in the Asian financial storm, unable to lift his spirits. This time, the lightning fund thawing is not blamed for the herbal tea in the dog days, which makes Yu Qian feel happy.
"Haha, the Americans are still not strong. I thought it would be frozen for ten or eight years, but I didn't expect that in less than four years, Americans could no longer stand it. Yu Qian, I haven't done it for four years, what do you think?" Zhang Yan was also very happy. The thawing of the Lightning Fund is equivalent to an additional blood vessel for blood supply, which will be of great help to future financing. Zhang Yan thought that it would not be thawed until at least 2004 when Sino-US relations were unprecedentedly close, but he didn't expect that it would thaw in advance now, which is somewhat of a sense of picking up a wallet.
"Yeah, it's hard to say now. I think I still have to go step by step. If I don't do it for four years, I will be a novice. Nowadays hedge funds must be much more dangerous than four years ago. Don't accidentally be eaten by other big players...) But I think, if you can eat our company, it probably hasn't been listed yet." After saying that, Yu Qian laughed. It can be seen that although he hasn't done it for four years, Yu Qian is still confident about hedge funds. Zhang Yan is very happy to see Yu Qian's state.
"By the way, how is Quantum Fund?" Zhang Yan asked casually. If he remembered correctly, in the original historical trajectory, after Quantum Fund won a great victory in Southeast Asia, there were serious problems. Soros' misjudgment of the Russian debt crisis in 1998 and the yen exchange rate trend caused quantum funds to suffer major losses, and then invested in the US stock market and online stocks also fell sharply.
So far, the total loss of Soros' quantum fund reached nearly $5 billion, and the quantum fund was severely damaged. Soros had to announce the closure of its two major funds, quantum funds and quota funds. Fund managers Drucken Miller and Roditi were "dismissed", marking the doomsday of this popular fund.
"I'm living a good life now. Although I lost to us in Hong Kong, the old fox Soros seems to have been prepared for it. Hong Kong is just perfunctory, and Japan is his main battlefield. According to my estimate, this old guy doesn't lose much in Hong Kong and makes a lot of money in Japan. In general, he still makes a lot of money!"
Yu Qian's words surprised Zhang Yan a lot. He realized again that his butterfly seemed to have a pair of wings, but why didn't he slap Soros to death this time? Instead, it was very moist and a little depressed: "Then, hasn't there been any major incident in the past few years?"
"No. Maybe Hong Kong suffered a loss. Soros has been making small fuss in recent years and has not gone to other people's muddy waters. In fact, I think it is really not suitable for hedge funds to survive in recent years. If we were not frozen, we might have fallen apart. Not to mention anything else, we would just talk about the depreciation trend caused by the Russian debt crisis, which eventually caused the Russians to interfere. It is said that Russians do not speak of their faith, and I have seen it. The funds of hundreds of billions were taken away, so no one dared to go to Russia any more."
"You are right, if you don't need it, don't do business with the Russians." Zhang Yan smiled and didn't agree with it. In fact, the Russians also had a realistic side. When they were on one stop, they signed a Brest treaty with the Germans, which was a complete treason, and Europe cut half of it. During World War II, they also signed a non-aggression treaty with Germany. This shows that the Russians are still very conscious of the current affairs, and as long as the situation is forced to that extent, the Russians' conditions are also very attractive.
Just like what Zhang Yan did in the border area, he turned the border area into a quasi-agricultural and pastoral area, and then controlled the scale of the purchase of materials, and tightened the border area, and could only obediently become the raw material supply site for the four major factories and the consumption base of the four major factories. Being rich means being rich, but at most it can only be considered a fattening pig, which will be spit out sooner or later.
"Which one is the one that is more popular recently?"
"Mr. Zhang, I'll check it out later." After half an hour, Yu Qian called: "Eh, the hottest one is the energy hedge fund supported by Madoff. Although he has not named it in this hedge fund, Madoff has already agreed that he is the boss behind this fund. It is just because of his identity as chairman of Nasdaq, so he cannot do business tomorrow...) At present, Bernard L. Madoff Securities Investment Company's business is very good, with a profit of up to 30% per year, attracting about five million investors. Even Morgan Stanley believes that the next ten years will be the era of energy dominating hedge fund."
"Damn it, it's true. Yu Qian, you think there will be such a fund, which will make sure to make money without losing money, with a profit of 30% per year, and it will last for ten years?" Zhang Yan's first reaction was that this was probably the bragging king of the United States. Even no matter how powerful the investor is, he would not dare to say that he would make money every year, let alone such a great fund.
"I think there are... but it's not Bernard L. Madoff Securities Investment Company, but our Lightning Fund. Boss, your ability seems to be born. You can seize even a little bit of money and make a lot of money." Yu Qian's words made Zhang Yan smile a little bitterly. He knew the direction of history, so that he could make some more money. As for stable profits, even if he had these eyes that saw through time, he could not do it. If he had not been lucky in the past few times, he might have lost his capital. The risk of hedge funds is not an exaggeration to describe it as stormy waves. If you want to make 30% a year and make ten years, it is simply a fairy tale.
"Well, Madoff, I need to study it carefully. Maybe there will be something I am more interested in." Zhang Yan said, "There are no more tigers in one mountain. Lightning Fund was once the boss of hedge funds, and now the boss is Bernard L. Madoff Securities Investment Company. No matter from which perspective, Lightning Fund and Bernard L. Madoff Securities Investment Company have a fight. If you can find out the flaws of Bernard L. Madoff Securities Investment Company, the benefits for Lightning Fund are self-evident. It is very likely that Lightning Fund will accept everything from Bernard L. Madoff Securities Investment Company. In the era of electronicization, this is just something that can be done with just a finger.
After finishing his call with Yu Qian, Zhang Yan began to check Madoff's information. The chairman of the board of directors of the Czech Exchange has been a member of the board since he stepped down. He is a legend on Wall Street. For decades, the company founded by Madoff has played an important role in building Wall Street's financial framework. Whether it is traditional stock trading or the development of new electronic trading systems such as stocks and financial derivatives, Madoff has made an indelible contribution.
Madoff founded "Bernard L. Madoff Investment Securities Company" in 1960. This company is one of the five securities trading companies closely involved in the development of the Nasdaq stock market company. In the early 1980s, the company he ran had become one of the largest traders in the United States that could engage in securities trading independently. Currently, the company has assets of about US$300 million, ranking among the top American securities trading companies.
In the process of establishing a new trading system, the Bernard L. Madoff's business operated by Madoff has established a collaborative relationship with well-known Wall Street companies including Goldman Sachs and Merrill Lynch. The investment performance of Bernard L. Madoff Securities Investment Company is dizzy, with an average annual return of 35%.
"It seems that the problem is not small!" Zhang Yan said to himself that if Madoff's reputation is left alone, then it is probably a mouse who will use the next company's money to advance the money. First Madoff's assets are only 350 million yuan, but the annual investment reaches tens of billions, which completely violates the laws of business and is likely to be false.
In addition, even if Zhang Yan thinks of his professionalism, he cannot see clearly what business Madoff is doing, and he will be even less clear about how to make money. Zhang Yan has always believed that only the easiest way is the easiest way to make money. These complex and intimidating engineering may only make people unable to understand, and then feel unfathomable.
"Damn! Fakes are fakes. Imperialism is all paper tigers. I won't expose you!" Zhang Yan laughed maliciously when he thought of this. In a building in Manhattan, Madoff locked himself on the 17th floor, and the entire floor was his own office. No one knew what he was doing. Madoff repeatedly emphasized "secretism" to investors. The accounting firm responsible for company audits is mysterious, and the annual financial statements are also mysterious. Even his office is mysterious.
Chapter completed!