Hollywood Hunter

Latest station name: Mubi Pavilion latest website:

Simon's "step by step, step by step" of the new technology industry is to sit firmly on the Diaoyutai.

In 1996, the Westeros system has completed its response to the situation after the burst of the new technology bubble ahead of schedule. The core new technology companies have considerable cash reserves in their hands at this time, and they are no longer involved. Excessive speculation.

For Julian Robertson, head of the Tiger Fund, these days have been like sitting on pins and needles.

As a staunch bearer of the new technology industry, Robertson also initially believed that the Nasdaq Index would turn 12 points last year, and it would not last January at the latest. Therefore, even without Richard Mellon Skeff’s On the sidelines, he actually intends to suppress all the assets of the Tiger Fund, just for a try.

However, December of 1996 has passed, and January of 1997 has also passed. Now, the time has entered February of 1997.

Compared with the 5426 points at the end of the U.S. election on November 6 last year, the Nasdaq Index not only did not turn around. In the past Friday, against the pressure of their short capital, the Nasdaq Index still hit a new high. Reached a high of 6437 points.

In three months, the cumulative increase has reached 18%.

The Tiger Fund began to build positions after the general election last year and was completely completed in late December. With a total of approximately US$12 billion in principal and an average leverage of three to five times, the size of various short contracts held close to US$50 billion.In the past Friday, all short-sellers have booked losses, totaling 7.3 billion U.S. dollars, and losses have exceeded 60%.

Lost more than half.

Due to the large position of the position, in order to ensure a sufficient margin ratio, Robertson has had to close some positions.

Now, the most important issue facing the hedge fund boss who has risen with Soros in the past ten years is whether to completely liquidate his position and leave the market.

Or, the last fight?

Julian Robertson firmly believes that no matter how flexible an economic bubble is, it will not escape the laws of the economy. Anyone with a discerning eye understands that the Nasdaq bubble is already very serious and may burst at any time, even if the vested interest groups led by the Westeros system use the power of the entire country Renewing life for the Nasdaq? The result cannot be changed after all.

Perhaps it is tomorrow!

new York.

Although it is Sunday, most of the day? Julian Robertson still works in the Tiger Fund's headquarters in Xiacheng District at more than three o'clock in the afternoon? It is mainly to appease investors from all sides.

This is a sunny day at the end of winter.

It's still cold.

Near four o'clock? Leaving his office, Robertson drove to the Upper East Side, and met an old friend he had known for many years in a coffee shop? Another big hedge fund? George Soros.

They greeted and sat down, waiting for the waiter to bring coffee to leave. George Soros looked at Robertson, who was looking at the sun on the building outside the window? He asked, "So? How are you doing?"

Julian Robertson came back to his senses? Picked up some hot coffee and took a sip? After a pause, he said, "I plan to wait another month."

Soros didn’t venture to inquire how much the other party had lost? I was sure after halfway there, and he was silent for a while, before he said: "Or, it’s not bad for you to clear the stock now, and bet on Southeast Asia with me? If everything goes well? This year should be able to save most loss."

Julian Robertson shook his head? He smiled bitterly: "George? You should know that I am clearing my position now, and investors will definitely ask for liquidation? I have no chance to turn to Southeast Asia."

Soros could only be speechless again.

Robertson said that the fact that hedge funds are high-risk investments is known to everyone. However, if they lose too much, investors will still ask to withdraw their funds.

It can be said that unless there is a miracle in the future, the Tiger Fund can only go through the door.

Soros, who has been quietly deploying Southeast Asia since last year, did not participate in betting on technology stocks.

However, it was obviously not normal and everything was still happening.

No one can even see the end.

Soros has recently become more and more convinced that Igreat is very promising to become the first company in the history of US stocks to reach a market value of $1 trillion.After all, compared to many other small technology stock companies in the second and third tiers, Eaglet is indeed very successful. Even if it is calculated based on the market value of $773.1 billion at the close of trading on Friday, the price-earnings ratio is only 221 times.

Well, 221 times does not seem to be suitable for the number of'cai', but if compared with many companies on the Nasdaq market whose P/E ratios have exceeded 500 times or even 1000 times, 221 times is already a fairly healthy indicator.Eventually reached a market value of 1 trillion, this number is only about 280 times.

With Eaglet’s annual revenue exceeding US$30 billion, it can still maintain a strong momentum of annual growth rate of more than 60%, and a price-earnings ratio of 280 times, which is completely fine.

It was just a weekend gathering of two old friends. Julian Robertson didn't mean to ask Soros for help. Soros made a suggestion of his own. Robertson didn't accept it, so he didn't say more.

The topic became casual.

"You said, what is that kid doing now?"

Seeing Julian Robertson asking about this, Soros smiled a little gossip, and said: "He must be in New York now, maybe you have also heard that he let the girl from Lauder's family be pregnant with a child, although not I plan to get married, but I'm still responsible. I will come to visit every week."

Julian Robertson followed with a smile: "It seems that you are not well informed, in fact, more than one woman is pregnant."

Soros just smiled.

Of course I know.

However, in Soros's opinion, the child pregnant by the Lauder girl is the most important.Because after that child is born, there will be another identity, Jew.

He also attended a certain party back then.

Everyone still doesn’t know the ethnicity of Simon Westeros himself, but now the Westeros family has an extra Jewish child, and, according to recent news, it’s still a boy, and the young man quite recognizes the heir. In the future, many things will be very beneficial to the Jews.

Julian Robertson noticed Soros's clear smile, and he probably understood something. He was not a Jew, and he didn't comment on it.

The issue of race has never been avoided in Western society.

After taking a sip of coffee again, Julian Robertson finally felt a little bit emotional, even slightly unconvinced: "George, you said, how did Simon do it in 1987?"

"Who knows," Soros heard Robertson talk about his fiasco, and he could only shake his head: "That time... Frankly speaking, I believed he was a psychic even more, otherwise it would be impossible to make such an accurate prediction. Sentenced."

If there hadn't been a huge fortune in the 1987 stock market crash, a young man would probably still be just a Hollywood director at this time, even the top one.

Ok.

Not right.

Even if it did not happen in 1987, if the other party bet on the Internet ahead of time, at least it would be able to create the Igreat at this time.

No, it doesn't seem right.

The emergence of Eaglet was completely completed with the cooperation of an entire industrial chain, such as AOL, such as Cisco, and even personal computers in the hardware field and Internet peripheral products of Tincobay, etc.Lack of sufficient Internet infrastructure support, it is impossible for Eaglet to develop to this level.

For Cisco and AOL, the funds needed are large sums of money.

These are not so easy for a director to do.Because someone is equivalent to pushing the entire Internet industry to today with his own power, this is not an exaggeration. If there is no other party, perhaps, the Internet at this time is still in the groping stage.

Therefore, after all, it was once in 1987 that someone had enough capital to do this.

Thinking about this, Soros shook his head slightly, and then said: "In any case, Simon has completely jumped out of our level now. Let's just say that this time, in the past few days, how great the disparity in strength is, you should have an experience. , This is just Simon doing things within the rules. If he breaks the rules, the Westeros system now has this kind of strength, then you must be completely out of the mood to drink coffee with me now."

Julian Robertson wanted to refute, but he paused, after all, he could only acquiesce.

Don't recognize it.

What's more, what Julian Robertson has to admire is the young man's layout vision.

Perhaps there are many people who can suddenly become rich in just ten years and become the top super tycoons in the world’s rich list. However, under normal circumstances, people who suddenly enter the top of the pyramid often lack sufficient wisdom to carry out other layouts. Our own business empire provides protection.

Because people's time and energy are limited.

In just a few decades, it is very rare to be able to achieve the ultimate in one thing.

Simon Westero has enough wisdom to achieve the ultimate in many things at the same time. This is not only smart to solve. Smart people in this world never mention it, but often the smarter people are, the less sophisticated they are. Know how to show and move, because only time can provide the wisdom to behave in the world.

The question is, Simon Westero, where does so much time come from?

All these questions, unless Simon Westero himself is willing to disclose, otherwise, probably will always be a mystery.

Manhattan, Upper West Side.

When the two old men were drinking coffee together, Simon was personally preparing dinner with the two women.

It is to experience a certain sense of home.

The Chinese New Year is right there. Chen Qing never thought about going back. Lin Su, who was inevitably worried about her pregnancy, did not return to China this time to spend the New Year with her family.

Simon didn't feel anything at all, but he didn't understand until he noticed Lin Su's depression.

It's not indifferent.

So as much comfort as possible.

However, after spending an afternoon in person and even driving Chen Qing away this evening, he and Lin Su enjoyed the two-person world alone. The next morning, he stumbled upon the tears on the corner of the woman's eye in his arms. Simon realized that the matter was still It's serious.

After a little bit of heart-to-heart, I roughly understand it.

A pregnant woman must be sensitive after all.

Although Lin Su usually looks shrewd and capable, especially in front of Chen Qing, he finally ends up refusing to admit defeat. Although he is always bullied, his personality is definitely not weak.

However, after pregnancy, as a woman with certain traditional Chinese concepts in her bones, she will inevitably suffer from gains and losses.

Even if Simon promised that future children could identify the surname'Westero'.

However, a woman who has no proper marriage and no real status can hardly make people feel safe after all.

Simon Ben interrupted his return to Los Angeles on Monday. Seeing this situation, he discussed with the two Jennys in private and made a decision to bring Lin Su back to China for the New Year together.

Do something by the way.

This day is February 3, Monday, the twenty-sixth lunar month of the Chinese lunar calendar, and there are only three days before the New Year.

When he learned that Simon was going to bring himself back to China for the Spring Festival, Lin Su felt wrong.She knows very well that men are far less leisurely than expected, and if you go to China for the New Year, at least, um, you probably won't be able to return for a week. Just last week, there was a long and short on the Nasdaq market. During the confrontation, the media on the weekend were still talking fiercely. In case, what happened during this period of absence, he could not deal with it in time, what can he do?

Simon did not talk too much nonsense with Lin Su about this.

Going to where you are now, if you don’t even have the freedom to leave, what is the point of everything?

So set off directly that day.

Ok.

Chen Qing was left behind.

After all, some things this time are not suitable for Chen Qing to blend together.

Chen Qing resented this on the surface, but she had more expectations in her heart.The man promised that after she was 30 years old, she could have a child. She was 28 years old this year, and time is not far away.

At that time, men will surely have a bowl of water smooth.

Thinking of this, Chen Qing was even a little nervous, wondering if her dad would hit her with his unscrupulous couple of dog men and women with a feather blanket.

This should not be.

Because of the number of fortune-telling when she was a child and her temperament gradually fulfilled when she grew up, all her parents have been thinking about all these years for fear that she would harm others by learning badly, and even remember the severe attack when she was young. Her father personally took her to see the execution. , The brain splashed like that, the purpose was just to keep her from walking.

Care about it this way, the parents' expectations of her must have reached the lowest level.At that time, I brought a'Simon Westero' back and said that this was his own man. Although, she must be a little five, six and seven, but it was enough to meet the expectations of her parents.