LATEST UPDATES

American Fortune Life - Chapter 284

Published at 7th of November 2021 08:46:54 AM


Chapter 284: 284

If audio player doesn't work, press Stop then Play button again




It's a deal worth waiting for in a lifetime.

Andy agrees with this sentence very much. He stares at the picture in his hand. He believes that a large number of professional researchers on Wall Street, even in the United States and the United States, will draw and stare at such a trend chart. Even a best-selling book gave sufficient data in 2005, making a clear warning of the jump of house prices after 2000.

Unfortunately, most people succumb to trends and lose common sense.

Even Federal Reserve Chairman Ben Bernanke said directly in a recent public address: "we have never experienced a nationwide decline in house prices!"

To know that Bernanke is an expert in the study of the great depression, he is a high-ranking person who should stand at the top of the macro management position. He should be able to see the whole leopard and detect the risks, but he still doesn't know enough about what's happening in the market, which leads to miscalculation.

The same form is invaluable in the hands of those who know it, and worthless in the hands of those who don't.

Andy has never relaxed his study of financial knowledge. His requirement is not to be an expert, but he must be able to read all financial statements, financial charts, and have a systematic understanding of all financial terms. Other work is naturally done by his think tank.

This chart, based on his hypothesis, is the result of the basic research on academic, government literature and market data by the analysts of the think tank day and night, which clearly reflects the distortion of the real estate market.

Andy sits alone at his desk, brows outstretched, takes out a cigar from the Jing Meimu box on the desk, slowly starts baking, then lights it, takes a sip, half an hour from the meeting, to be honest, his psychology is not so calm, although he is a passer-by, has the eyes to see through the future, and also confirms the world of this life, subprime crisis It's irreversible. However, it's a gamble. It's not hundreds of thousands or millions of money, but hundreds of millions of dollars of chips. It's only when you can be calm and indifferent.

In his previous life, he had to borrow money to buy a house. Now he has to take hundreds of millions to gamble. Even if the success rate is very high, it will be a kind of suffering before he has been put into safety. This is not the fund companies on Wall Street, playing with other people's money, and every piece of money put into the market is his hard-earned money.

Keep a heart of awe and vigilance. Andy never thought that as a passer-by, he could be more successful than most people by his preconceptions, but he was not a God and could not crush everything.

Shorting is a very dangerous thing. In the death list of short selling, there is never a lack of successful tycoons, adventurers who are eager for success and pioneers who fall before dawn. Andy has to test his confidence, because there's a long waiting period, six months to go.

It's not a novel. You can take it with you. In the blink of an eye, the days are going to be everyday.

Drop...

"Boss, it's time for the meeting..."

"Well, I see!"

Andy turns off the answering machine, presses out his cigar, takes off his suit from the hanger, puts it on, goes to the cloakmirror, pulls his lapel, straightens his body slightly, raises his mouth, and smiles with confidence and sunshine on his face. He is a decision-maker and a contributor, but his subordinates are the ones who really charge. He can decide the goal arbitrarily, but he also needs subordinates to know what he wants Figure, understand the purpose to be achieved, each link can not be a problem.

Push open the door and walk out of the office. Turn around and take a look at the little secretary of the bespectacled lady who has removed her heavy makeup. Her eyes are bright. She looks a little bit like the British Princess Kate. Well, she is much more beautiful than Kate. She can kill flies without a smile. It's more pleasant.

Tori looks up carefully and takes a peek. He looks down at Andy with a pretty face.

"Now this make-up looks good..."

Andy said lightly, and walked to the meeting room. Looking at his back, the little secretary took a breath of relief, stretched out his little hand and patted his high chest. It seems that his job can be saved, and there should be no problem in his career.

Pushing open the door of the conference room, everyone got up from their seats and greeted them in a mess. Andy smiled and nodded to the top of the oval table and said, "sit down!"

After watching everyone sit, Andy raises his chin slightly, and Joseph, who is standing at the door, nods his head in silence, takes the door from the outside, and Kenny sits in the chair beside the conference room door.

"Before the meeting, please sign an agreement, Tom." Andy looks at Tom, the chief lawyer of the think tank, who nods his head, takes out a pile of documents from the document bag, hands them to his assistant and asks him to distribute them.

Bardstone looked at the confidentiality agreement in his hand, frowned slightly, but without hesitation, picked up the brush and signed his name.

Andy's face has been with a faint smile, watching everyone sign the name, after Tom's assistant took back the agreement, Tom checked it, looked at Andy's eyes, and made sure there was no problem."Well, some of you will be curious about why we should sign the confidentiality agreement. Of course, some of you have already signed it and participated in the preliminary work of the whole thing. Next, we will discuss the investment plan for the next two years, which is very... How to say, well, it's going to be crazy! Don't be surprised for a moment, then, Al, it's up to you. "

Andy coughs, draws everyone's eyes, explains with serious expression, and nods to alvette.

"All right, boss." As he said this, Al got up from his seat and came to the projection screen. He motioned from a person sitting in the corner. In the meeting room where the curtains were closed, the light was turned off and even dimmed, leaving only the light of the projection screen.

"After my boss set up a think tank, he gave me a crazy idea. The reason why he said crazy was based on my idea at that time, because this idea is that the real estate market in the United States collapsed!"

As soon as Al's words came to an end, the attendants and managers of Freetown company did not change their faces. Bardstone's face was as deep as water. He knew this. After all, Andy first proposed this idea with him, but he did some research at that time, but he was not so pessimistic. He thought that the real estate decline might appear in the short term, but he didn't believe it very much 。

participants are experts in finance, they are very aware of the danger of this view Xing, of course, the decline of American real estate is not what new things, in 05 years, people have been singing and declining, all kinds of alarmist views from time to time, especially in September last year, a few people here in Wall Street to sell real estate bubble burst insurance bonds, especially the name is not. Michael berry, the fund manager of the company, has been fooling customers, raising funds, gambling with Deutsche Bank and inventing a new financial derivative, which has become the object of Wall Street's teasing for a while.

The reason why it's dangerous is that my boss seems to believe that. Today's meeting that needs to sign confidentiality agreement seems to be around the beginning of the real estate crash.

and other people slowly calm down, Al continued: "based on the boss's point of view, my team and I collated detailed information from 1975 to 2000, and finally got the real estate trend chart. Let's see, the blue line is not excluding inflation, the red line is excluding inflation, the trend is very obvious, the real estate market bubble has been very large, the last one. A fall in time also indicates signs of a bubble breaking. "

"It's impossible! All rating agencies didn't downgrade the two major real estate companies. The real estate stocks in my hands still rose a little even though the market was slightly down. Fed Chairman Ben Bernanke just confirmed... "

is talking about one of the management of the free city investment company, and Andy himself promoted it. He was very good at real estate stocks, and he made a lot of money for the company before. He did not believe in the burst of the real estate bubble, but though he did not believe it, his face became somewhat ugly and flurried, and he was very worried that something would happen.

Bardstone glanced back at him, frowning slightly and looking back at the young boss with no change of expression on his face.

, "Hai Er, you are actually more aware of real estate than anyone else. After all, you are an expert in this field. You just don't want to, or intentionally ignore the risk of bubble burst." Andy's eyes were sharp, he said in a tone of indifference.

"Boss, I The expression on HAIMER's face was very ugly. He wanted to explain something, but he was interrupted by Andy's wave and said coldly: "at this time, Wall Street has been kidnapped by mortgage bonds. Under the background music of" house prices will rise forever ", common sense and risk are left behind, and making money is the king. Isn't it strange that rating agencies are losing justice? "

Andy didn't deliberately aim at HAIMER. After all, HAIMER's view basically represents that of most of the Jing Ying people on Wall Street. In their eyes, they only need to make money as soon as possible. As for the risk, we should wait for the crisis to come.

, "mortgage lending companies' interest driven lending, people's radically increased leverage, Wall Street investment banks' crazy packaged transactions, and rating agencies' eyes closed, so it's hard for me not to make a bubble burst. So listen patiently to Al's words. For this is very important, I need everyone of you to understand what you are looking at again. Well, this is a chart worth tens of billions of dollars! "




Please report us if you find any errors so we can fix it asap!


COMMENTS