Extraordinary Genius

The four kingdoms of Soros stood in a row by the desk, all silent with their heads down. This mistake, their loss cannot be said to be heavy... it is quite heavy!

Simply put, they bought a futures contract for the appreciation of the ruble, and it all turned into scrap paper, and it exploded. Most of the futures contracts they bought for Russian stocks also exploded, with Russian stocks plummeting by 30%!

Of course, these falls, none of them instantaneous, the ruble exchange rate cuts, they also fall at the floating rate, but basically, as soon as the policy arrives, the ruble starts to plummet, and they don't have time to deliver, and they don't have time to reverse the warehousing loss.

Stock markets in Russia have also begun to plummet, as have bond markets. Soros, they also bought a lot of Russian bonds, ready to make money on high yields.

Russia punched out this combination, and many international scavengers were forced to do it, but Soros lost the most!

“How much money do we have?” Soros asked shrewdly.

“There are also over $6 billion in liquidity, and some bonds, stocks, etc. which, if sold, may add up to $10 billion.” Jukan? Miller calculates the answer.

If bonds, stocks, etc. continue to fall, then their funding will be even less.

“Boss, what do we do, show off the rubles? It's too late, those brokerage firms stopped trading in ruble futures. ”

All four Vajra believe that they lost this time and may not even have a chance to turn around.

Soros slapped the table, “Who says we're finished? We still have nearly $10 billion, so we don't lose! Rubles fall sharply, affecting financial markets across Europe and the United States, creating a chain reaction. ”

They looked at each other and said, "Boss, what do you mean, we're out of money in other countries? ”

“That's right, not only do we have to sell out, we have to use high leverage to sell out, so that we can get our customers' money back, or the quantum fund will be ruined, and we'll all be bankrupt!” Soros sighed.

He's Soros. He won't lose. As long as he still has the money, he can turn it over!

Fortunately, years of experience with the Fund reminded him to set aside funds for double-use at all times. If it hadn't been for that, he would have lost money by now!

“Boss, Mr. Malfoy called.” Soros' secretary came in to report.

“Come in, I'll tell him.” Soros picks up the phone on the table: "Malfoy, don't worry, your investment won't hurt. I promised you that at least 10% of the earnings would never change... yes, now I am at a loss, but not without a chance to make it back. Believe me, just wait another half month, at most half a month, and I will give you all your money. You're forcing me now. You can't even get your money back! ”

After calming Malfoy down, another call came in.

Soros constantly explained to each other that he wanted them to believe him. Of course, the other party can only trust him, otherwise the money invested in the quantum fund, half of the principal will not be recovered, let alone profits.

After hanging up, Soros turned to Miller and they said, "Tomorrow, throw away all the bonds and stocks, mobilize the money, go to the markets of Germany and Belarus, and see if you can turn around, this time! ”

……

“Brother Feng, Russia has really adopted this extreme approach.” It is somewhat surprising that this approach would discredit the country and should be considered when doing business with them in the future.

“This approach, while extreme, is effective, at least for Russia at that time, as one of the best.” Feng Yu said.

The russian banks were crowded at this time, people were shopping for various items of livelihood, and the wealthy were rushing to replace the rubles with dollars, causing the rubles to fall further.

And the unemployment rate in Russia will rise, and incomes will certainly fall.

Russia's default, although seemingly of short duration, has had a very significant impact. And Feng Yu is sure that the deadlines for breach given by Russia will certainly be extended. For three months, Russia will not have the money to pay its debts, and they will have to use it to stabilize the country.

“If you anticipate this, why are you so conservative about letting everyone run out of other market periods? If we build positions with high leverage at a high level, we can make multiple or even tens of times as much profit!” Paying light is a somewhat puzzling question.

Feng Yu looked at Fu Guangzheng and asked: “What if Russia doesn't use this method? ”

“Well, didn't you say they would do it? Said it was the best way.” Paying light is a weak question.

“I said if I were you, I would do it, but I'm not the Russian decision maker. Once they do not adopt this approach and other countries give Russia a lot of aid or borrowing, it is likely that we will lose a fortune by blindly higher-leveraging other countries' equities! ”

To be honest, Feng Yu is also not sure that Russia will adopt such an extreme policy. After all, Russia is a big country, not such a small country. If it says that sovereign debt defaults, it really defaults, which is to bear international condemnation!

So Feng Yu informed Professor Liang that he had informed Fu Rongqi to let them build a small warehouse, ready to increase, but no one dared to use high leverage, and they all made an adequate hedge.

As a result, while profits are significantly reduced, risks are also significantly reduced. And they invest in a larger capital base, and they make less money.

“Then why don't we do it in Belarus and Ukraine? That's got to be more of an impact, right?” Fu Guangguang asked curiously, no more Russia, that's a curiosity about Kirilenko, but are those two countries okay?

“I have a lot of investment in those two countries with Ki, and there are also Ki's business partners. It is also important that those two countries have close ties to Russia, and if they also play with some hooliganism, our investments, too, are likely to float. ”

Fu Zheng nodded thoughtfully, yes, the two former Soviet states, also classified as military Powers, and close to Russia, no one could move if they wanted to.

Of course, this time Russia kind of crashed those two countries, and their relationship will certainly become much worse in the future.

And it's not bad to be able to earn a fortune in the European and American stock markets. Although Feng Yu also informed Li Zexuan, the Li family can invest a lot less money than they pay for their family. After this time, the assets of Uncle and Superman Li will be closer, and the combined strength of their family will be stronger. The first family in Asia will be more stable!

……