Hollywood Hunter

Leaving the headquarters of Girl B Company in downtown Greenwich, Simon and Girl A returned to the manor in the northern suburbs by car.

The black Bentley car was driving on the lush suburban asphalt road in the summer. In the compartment, Alison lowered his head and quietly checked today's work log to confirm that there was nothing missing. He turned his head and looked at his side. Simon, after thinking for a while, said, "Someone is pursuing B this time."

Simon opened his eyes and asked with a smile: "Who?"

Alison saw Simon's unpretentious appearance, and also smiled a little, saying with a little gossip: "A partner of the long-term capital management company, named Mark Hinal, is a very powerful person. As an analyst, MIT’s PhD in mathematics. John Meriwether led the team away from the Solomon brothers last year, and B tried to dig up the other party to be responsible for the development of Alia’s bond analysis model, which was unsuccessful. The long-term capital management company set up its headquarters at the beginning of the year Greenwich, having met several times at some gatherings in some circles, Mark Shinar pursued B last month."

"LTCM partners, shouldn't they be young?"

Alison said: "31 years old."

ABCD started serving the Westeros family four years ago. At that time, he had just graduated from college. He is now 26-year-old. The 31-year-old suitor is not big, let alone a high-profile hedge fund partner.

Simon nodded slightly and asked again: "What is B's attitude, and is that guy handsome?"

"B made it clear to Mark Shinar from the beginning, her career was just beginning, and she didn't fall in love in the short term. However, the other party did not give up. During this time, she passed the B company headquarters every morning. She gave a bunch of flowers." Alison said here, paused, and then said: "There is no handsome boss, but it is higher than the boss. It is said that he was a basketball player when he was in school."

Simon said: "Yes, B is not small now, you can try to get along with each other, as long as you arrange the time reasonably, there is no problem, I think they will not be too idle on weekdays, this kind of life rhythm instead It will look very fit."

Alison listened to Simon's words, blinked, and said, "Boss, don't you really mind?"

Simon laughed: "Of course I do, but it's more like the feeling that my daughter was abducted by the bad boy. Although I must be an evil villain in your heart, as long as you can find the right half , I will bless."

Alison felt the sincere tone of the man next to him, and when he heard that he was an evil villain, he couldn’t help but bend his mouth: “I’ll tell the boss what B said.”

Simon said: "There are also you, and get married early, I can change to a younger and more beautiful little assistant."

With a disgusted tone from the man, girl A's smile was undiminished, and she moved her body slightly to lean over, leaning her head on Simon's shoulder: "Boss, you, really like that kind of, eh?"

Simon pretended to be puzzled: "What?"

Alison said: "On Monday night, in Columbus, I was sleeping next to the boss."

Simon shifted the topic: "It seems that I want to remove the Columbus villa, and the sound insulation is too poor."

If a man wants to demolish a villa, Alison will certainly help without hesitation, no matter how much the house is worth, but at this time she is still misleadingly explained: "Because of the balcony, boss, you forgot to close the floor-to-ceiling windows. Now."

The villa on the outskirts of Columbus is a two-story European-style building with a full masonry structure and sound insulation effect that is far better than a wooden building.However, the rooms upstairs basically have balconies that can be viewed. If the floor-to-ceiling windows leading to the balconies of the two adjacent bedrooms are not closed, the night is quiet and some sounds can easily reach the next door.

Simon heard that and reached out to catch the girl's delicate chin and squeezed, said: "It seems that you haven't closed the balcony, so you need to punish you for taking the time."

Hearing the word "punishment",

Simon said: "How do you see it?"

Alison said: "At the beginning of the year, we had the opportunity to subscribe for LTCM's fund shares. My wife agreed, but you personally rejected the project."

Speaking of long-term capital management companies, in the past, people who were slightly interested in the financial industry can be described as thunderous.

Of course, it's not a very good reputation.

The founder of long-term capital management company John Meriwether was the hottest banker of the famous Wall Street investment bank Solomon Brothers in the 1970s and 1980s. This talented trader created the bond arbitrage model that is now popular on Wall Street.

At its peak, Meriwether’s bond arbitrage team contributed more than half of the profits to Solomon Brothers, and Solomon Brothers became Wall Street’s strongest investment bank.

However, after the scandal of the Solomon Brothers’ illegal manipulation of the national debt market broke out in 1992, the investment bank began to fall apart. John Meriwether, who was in charge of the bond trading department, caused the scandal because of imperfection, leaving a large number of Solomon investors A mess, even Buffett was pitted in, but he himself left the Salomon Brothers with the bond arbitrage team he was famous for, and established a long-term capital management company in February this year.

Relying on the glorious performance of Solomon and the unique bond arbitrage model, long-term capital management companies have been highly sought after on Wall Street. Financial giants such as Goldman Sachs, Lehman, and Bear Stearns have subscribed for this hedge fund, including many politicians in Washington. They all contacted John Meriwether through various contacts, hoping to participate in the investment of long-term capital management companies.

Even with a 25% profit draw ratio exceeding the industry average and a series of other harsh conditions, the long-term capital management company raised the first huge sum of USD 1.25 billion in a short time and quickly started its own business.

In Simon's memory, after the establishment of the long-term capital management company, it has really been in glory for several years. Since 1992, the annual fund return rate has exceeded 40%.

Then, all of this came to an abrupt end in 1998.

In the words of the media, long-term capital management companies have the smartest minds in the world, including even two Nobel Prize winners in economics, who have created the world's most advanced bond arbitrage model. Short-selling or long-selling through interest differences of different types of bonds in different periods, in order to obtain profits.

The use of bond spreads for arbitrage is different from stocks or futures, such as treasury bills or corporate bonds, which have only a few percentage points of interest share, so the rate of change is ultimately very small.In order to expand profits, it is necessary to use tens or even hundreds of times leverage.

The arbitrage model of long-term capital management companies is largely based on the complete rationality of the capital market and does not take into account extreme market conditions such as the 87 stock market crash.

In 1998, Russia’s domestic economic system, which was affected by the 97 financial turmoil, collapsed again, resulting in inability to repay billions of dollars of national debt as it matured and had to declare debt default.The super-black swan incident of sovereign debt default quickly spread the domino effect, causing the international bond market to plummet.

A few months before Russia announced its debt default, the market had already shown a downward trend.

The long-term capital management company at that time, based on its unsatisfactory model analysis, believed that the bond market would recover in the second half of 1998, and they did not think that a large sovereign country such as Russia would completely abandon its international reputation and declare debt default. Even if Russia is really insolvent, in order to prevent sovereign debt defaults from affecting the international bond market, other countries often resort to bailouts.

As a result, none of this happened.

In other words, the worst result that no one thinks will happen.

The Russian debt default, the international bond market plummeted, and the long-term capital management company that bet on the wrong direction established a huge position of more than 1 trillion US dollars with its own principal of only more than 4 billion US dollars, most of which are long, so when the crisis After the outbreak, the long-term capital management company was liquidated in just one week.

However, this is just the beginning.

The long-term capital management company has lost all its funds, and it is still far from being able to make up for the continuous loss caused by the huge position of this hedge fund. If it is left unattended, it can only default.

The trillion-dollar-level defaults on hedge positions have even more catastrophic consequences than the Russian debt default of ten times, which is enough to destroy the global financial system and even propagate to the real economy, triggering a global depression.

To avoid a disaster, the Fed had to urgently mobilize all financial giants on Wall Street to help long-term capital management companies watch the mess.

In the end, in addition to the 4.6 billion US dollars lost by the long-term capital management company itself, a Wall Street financial giant raised another 3.6 billion US dollars and invested a total of 8.2 billion US dollars in large sums of funds. This only eliminated most of the dangerous positions and avoided a global financial crisis. The market collapse happened.

Simon recalled the information in his mind and said to Alison: "The LTCM team believes too much in their model and ignores the uncertainty that the capital market is far beyond their imagination. For the United States, for example, the federal stock market There will be at least one crash of varying sizes in ten years. I remember that in 1987, Solomon also reported that Meriwether’s bond trading department lost hundreds of millions of dollars a week, but they obviously did not learn a lesson. Not only that. Because of their past success, they have also lost their awe of market risk, and it is sooner or later that they will fail."

Alison thought for a moment, nodded in recognition, remembered the thing about the girl B, and said: "Boss, do you still let B and LTCM people interact?"

Simon laughed: "It's two different things. In any case, the guys are a group of geniuses. And, don't you say that Mark Hinal is only 31 years old, while still young, experiencing some setbacks, and will be more stable in the future , Just like Lawrence Fink, because of the loss in the first Boston that year, no one in the entire Cersei Capital is more concerned about risk control than him, otherwise, I will not rest assured that he will control hundreds of billions of dollars of assets ."

Alison lifted his head from Simon's shoulder and looked at the man. He said, "Boss, your tone is really like, um, an old man."

Simon pretended to be dissatisfied: "Old man?"

Alison rested on Simon's shoulders again, leaning his mouth to the man's ear: "Boss, in fact, I can."

"Ok?"

Alison stepped closer, and yelled a title very boldly.

Simon: "#@@#"

After Alison shouted, her face quickly turned red, and she found that her boss's reaction was greater than her own.

However, just to continue to blame, the luxury car has entered the gate of the manor.

While driving to the manor house, a certain goblin who dared to make waves was pressed down to suppress it. Bentley stopped in front of the villa. After A girl got out of the car, she could only try to follow the man with her head down and enter the villa. It soon disappeared.

Indian girl Aaliyah watched girl A hurriedly escaping upstairs without asking much, but just greeted the man and said: "Boss, Ms. Fischer came this afternoon, and Ms. Spurt also took the three young ladies Come here, they are chatting in the living room."

With that said, Aaliya stepped forward to take Simon's coat and embellished a man to the living room on the side of the hall.

The living room seemed very lively.

In addition to Sophia Facie and Grace Spurt, there are three other beautifully dressed girls. These are the three new Victoria's Secret Angels selected by Simon from the list provided by Grace some time ago.

Seeing Simon enter the door, the women stopped talking and took up together.

Simon did not shy away to hug Sofia and asked, "Don't they all come on Friday?"

Sofia loosened Simon and helped the man to fold down the collar of the shirt he had unintentionally picked up when he just took off his coat.

He also gave the man a slight glance.

If he didn't come, the little man would be ridiculous again tonight, and he shouted four women at once.Although Grace just introduced herself as the agent of the three girls, Sofia saw at a glance that the woman was obviously expecting a guy to come back sooner than the other three girls in the waiting gap that was not long.

Simon could only smile at Sophia, and when she saw Grace coming, she had only planned to shake hands with the woman. Seeing her approach her arms slightly, it was embarrassing for the woman, and she naturally embraced Grace: "Good afternoon, Ge Lace."

Just a hug, Grace Spurt still felt as if her heart had been squeezed. In fact, she also felt that the man had not just intended to hug her, but he couldn't help but take the initiative.

Cheek responded with a slight fever, and then remembered, introducing the three girls she brought: "Simon, this is Qusi, and Eva, and Daniela."

Quice Gove, Eva Hertzgova, Daniela Postva.

These are the three newly recruited Victoria's Secret Angels recently selected by Simon.

Even Qu Si Gaofu, when he attended the premiere of "Batman: The Rise of the Dark Knight" last month, he only met Simon from afar. After the premiere, the Simon party did not attend Simon, so this is the third girl. Once saw this legendary young super tycoon up close.

Although it was the first contact, during this time, the three women were deeply aware of Simon Westero's ubiquitous and powerful influence. They have received the attention of countless spotlights from their original name to now. Between men's thoughts.

Therefore, when Grace suddenly arranged them for a medical examination a few days ago, and then directly ordered Ming Simon Westero to let them three come to accompany him tonight, the same kind, the three girls have never been able to rise How much he resisted his thoughts and obediently obeyed the arrangements of Grace.

The surrender to the strong is also the human genetic nature.

Perhaps many people will show their disdain for the powerful figures in private. However, there are absolutely few who dare to talk face to face.Especially when this powerful figure has the power to kill a person and let him instantly step into heaven and fall into hell, then the rest is basically surrender.