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American Fortune Life - Chapter 1270

Published at 7th of November 2021 08:12:34 AM


Chapter 1270: 1270

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Stock markets around the world have been volatile, with record losses. But a new small British company, nicknamed "king of short selling in London", has turned the financial crisis into their business opportunity. They are making money almost all the time and can continue to "make big money".

"I love crisis!"

Simon cork, 45, is one of the main traders in Andy Smith's London financial group. In just one year, he became famous as a short seller in the circle of British securities traders.

This month he netted 25 million pounds, or $43 million, in less than an hour, and the stock he chose was in a dive at the start, as he had expected.

"I like this crisis because some people seem stupid," he said with a smile. "I always like the fast changing stock market situation, because the less intelligent people make more mistakes at this time, but I can make profits from it."

In the simple and bright office hall full of modern style, Simon cork lies on the boss's chair, his feet are on the desk, with coffee on his head, a relaxed smile on his face, a little complacent and other colleagues are blowing cows 13 in his tone, and there are four computer screens displaying various stock market indexes on the desk.

“FXXK!”

a bunch of high middle fingers and disdainful tucks sound, Simon cork still make complaints about his colleagues' ridicule. Anyway, when other people are walking around, they will be jealous of jealousy and jealousy as they do.

Of course, Simon cork is very clear that the magic weapon of making money for everyone here is short selling, and the secret to making a lot of money is to believe in your own judgment.

Short selling refers to that investors borrow stocks from brokerage companies and sell them in the market first, then buy stocks from the market and return them in the future. If the stock price falls after the investor sells, the investor can earn the difference.

The risk of this kind of investment is not small. If "bet" stocks do not fall but rise, investors will suffer losses.

Cork is obviously confident in his judgment. He continued to share his secret of success shamelessly: "my theory is that in the hands of 100 people, I am smarter than 99 people. I'm not going to make it easy for him to win the other one. "

"I am quick and cautious," he continued to make complaints about the crowd's voice, "I will not be confused."

"I'll make a lot of money!"

"Shut up, you bastard --"

"die!"

"Crackle --"

"bastards, you are jealous!" Simon cork quickly put down his feet on the table to avoid all kinds of things flying at him, shouting and laughing. He knew that he really disgusted these guys, or he would not be attacked in "success time".

"Pa Pa Pa!"

Chelsea angel, the manager of London branch, opened the door from his office and looked at Simon cork, who was attacked by various flying objects. He just smiled, clapped his hands and raised his voice and said, "OK, stop making noise, prepare for the video conference. The boss wants to listen to our war report!"

Simon cork stood up from the back of the computer screen, pulled down the hem of his high-end customized suit, stroked his fat head, looked around proudly for a week, and said: "bastards, after the meeting, I will continue to share my secret of success with you."

What's striking is that more than 30 middle fingers are raised high. Even cherciangel shakes his head and laughs helplessly. I don't know how long this so-called "success time" plate can last, one by one.

"Boss, according to the news, the financial regulatory authority will recently announce a temporary ban on short selling of financial shares by investors, which may involve shares of about 30 listed companies..."

In the conference room, the eyes of the London financial group were focused on the screen wall behind the first position, which was Andy Smith who had just finished talking with o'hei Niu.

Andy didn't seem to be surprised by chersiangel's report. With the introduction of the rescue policy still unable to stop the stock market from plummeting, more and more people blame short selling as one of the reasons for the current financial market turmoil. Some regulators suspect that the sharp fall of the stock price of the financial institutions in Wall Street is related to the illegal acts of some short selling speculators.

The power represented by Andy Smith, who is crazy to make money with big shorts, has become more hated and headache for many people, and more helpless speculators. They won't violate the law, but they can hedge their goals with huge funds. Even if they know the other side's means, they can only watch their full retreat again and again in this situation And back, but left a bloody wailing mess scene.

The only thing they can do to deal with such a big short is to directly prohibit short selling of the most vulnerable financial stocks in the financial storm.

"Ha ha, then for the stock of other companies, continue to short! The British government's economic policy in the past 10 years has been a "wild gamble". The current British Prime Minister Gordon Brown's relaxation of low interest credit during his tenure as chancellor of the Exchequer is not one of the reasons why Britain is unable to withstand the financial storm.In the future, there will be large-scale unemployment and business bankruptcy. If we find these companies, we will make a lot of money! "

As for the decision of big boss, all the people in London branch naturally have no objection, which is also the inevitable choice.

"How is the situation with the Icelandic krona recently?"

"It's a mess. The Icelandic government has completely lost control of its currency exchange rate. Credit card companies around the world are at a loss. The exchange rate in the international market ranges from 200-300 kroner to 1 euro. The actual operation is 225 kroner to 1 euro, while the price of buying euro in ice domestic market is about 150 kroner to 1 euro, and Iceland's domestic foreign exchange reserves are too small, only 2 billion euros.

International speculators have poured in and hollowed out their foreign exchange reserves. At present, in addition to Denmark and Sweden, which have raised US $2 billion to help ease the bankruptcy crisis of the Icelandic government, other countries refuse to help Iceland. British Chancellor Alistair has directly used the anti-terrorism authority to seize the assets of the Icelandic bank in the UK, thus causing serious diplomatic conflicts. "

"Ha ha, it's a lesson from the past. Argentina, the" national old man ", is scared and funny to say. After eight years of international neglect, Argentina is now seeking to remove the" old man "hat. Now, the richest Iceland is likely to wear this hat. Do you think the Russians will receive the 4 billion yuan from Iceland?" Andy can't help shaking his head and laughing.

In 2001, because Argentina was unwilling to repay its debts, it became a "national old man" and was ignored by the international community for eight years. Iceland certainly does not want to repeat the Argentine mistake - it is too long to be ignored for eight years, especially when you only have fish to eat.

"There are too many conditions near the Russians, Iceland's loan is unlikely to succeed, and the EU will not agree with it. The only one who will finally sell it is the International Monetary Fund, but this money must be put in place in one step, otherwise, it will only become a strategy of adding oil, which will soon be hollowed out by international speculators using the foreign exchange rate.

Iceland's stock market fell sharply after the opening of trading on the 14th, down 77% at one time, the biggest one-day decline in history. In October last year, the highest point of Iceland's stock market reached 8571. According to this calculation, the cumulative decline of Iceland's stock market was more than 90%, winning the world's largest decline list with 92% decline.

Iceland, which has no real economic support and is a virtual economy, can only go fishing as their prime minister said

"Poof" – "

" ha ha... " Andy didn't hold back. He laughed directly. The people who were also sad began to laugh. Because Iceland has a lot of people and rich natural resources, Prime Minister Haarde saw the collapse of the banking system, the krona devaluation and soaring prices, and the consumption level of Icelandic residents greatly reduced, so he had to stand up and suggest the people to fish on their own to save food expenses.

Andy also felt funny that, despite the feelings of 1.3 billion Chinese, the Icelandic stock market plunged after the opening of trading on the 14th, with a decline of 77%, exceeding the one-year decline of Chinese A shares, and openly challenging the Chinese diving champion......




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