LATEST UPDATES

American Fortune Life - Chapter 285

Published at 7th of November 2021 08:46:52 AM


Chapter 285: 285

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




An excellent investment plan can not be separated from a process of "hypothesis demonstration financing bet waiting harvest".

Now we are pointing to the projection screen to show the chart and the data of the four surveys in this period to start to demonstrate the possibility of the boss's hypothesis to everyone.

"We spent money to hire several investigators to investigate the real estate projects in some regions of each state. The feedback was surprising because there was no money to pay for the bank's loans. Many houses were overgrown with weeds and empty. Even most of the houses in one block had been occupied by Vagabonds. The owners of the original loans had already bought houses I don't know.

Even so, the sales agents are still trying to encourage people who have no ability to pay to buy a house. Can you imagine that you can buy a house without any mortgage or formalities? In the market, there are many speculators who get several houses by 0 down payment and want to change hands to earn the difference. With the decline of the real estate market, the houses in their hands can't be sold at all. If they have the ability to repay the bank loans, they can only smash them in their hands or simply run away and leave the burden to the bank. " Everyone in the conference room,

, listened to alvette's presentation. A piece of data was displayed, and a barren photograph of the dry weeds of the swimming pool showed everyone a problem. The real estate market of the United States was on the verge of collapse. When all the debts and problems that covered up were exposed to the world, that is, when the bubble burst. The crisis is full of opportunities.

Everyone's heart began to vibrate slightly, and their eyes were all fixed on the first small boss with indifferent expression. The boss who found this problem early may be the biggest beneficiary. As for whether this is a nightmare for ordinary people and other people in other countries, it's not a problem they should consider.

"To short real estate, we need a proper tool, otherwise the risk and return will be extremely mismatched. Boss, do you like CDs as a financial tool?" Bardstone has been convinced by all the data presented, the fact is stronger than eloquence, thinking of the night when he first met the boss, it was the first time that he asked himself whether he recognized Michael berry. Had the boss found out the problem of the real estate market at that time?

"Yes, it's CDs!" he answered not Andy, but alvert column, who had already changed a projection picture. Everyone's eyes turned to Al again.

"Everyone here should be familiar with this CDs. After all, in the past few months, this financial instrument and its inventor Michael berry have been the laughingstock of the whole wall street, but today I want to tell you that this is also a financial instrument with almost perfect risk return." Say with the laser pen in hand to begin to explain on the projection screen, of course, the vast majority of people can understand.

"Take the boss's assets as an example. A $500 million principal can buy $6 billion of BBB grade CDs products, but it doesn't need to pay $6 billion. Instead, it pays $6 billion a year for 1% of the premium, which is $60 million. Moreover, the money can also earn 5% of the interest in the bank before it is paid, which is $30 million of interest. In this way, only $30 million will be spent in the first year, With a commission of $10 million a year, a $500 million product can lose up to 8% a year, but theoretically it can earn 1200%! "

As soon as alvette's voice fell, Andy stood up on the table with his hands on his hands. His eyes were extremely sharp and he swept all the people. He cried excitedly, "this is the best deal ever!"! Because it will never last this year! "

To be honest, Andy was almost killed by the foresight brought by his own crossing! After all, he was a procedural ape in his previous life. He knew about the financial market, the subprime mortgage crisis, the real estate crash of Mattel and, of course, the boring Hollywood movie "big short".

Because of the movie, he almost didn't die. After recalling the movie with supernatural state, the movie is based on real people after all. He is serious. He began to think that the investment of 500 million dollars in 2007 and 2008 is not good for the opportunity of the financial crisis, but also acceptable.

But when alvertriel calculated the loss and profit in his office, NIMA's liver trembled. Six billion yuan. When he bit the bank again in 2008, ten billion yuan is not a dream. If he is not excited, it is false. So he will worry about gain and loss, and he will worry about the opponent's counter attack.

Andy knows very well that when he puts all his money down to make chips, all he has to do is wait and suffer. An object with a very large momentum can only change its original trend after a very fierce resistance. It takes longer to turn around. Fortunately, it knows how long it takes.

Don't think that if the default rate is greatly increased and the house price starts to turn around, the bears like Andy will make money. They will also face the final resistance of the whole system, which is extremely strong, and even make many people in the air side doubt whether their decisions are correct, and die in the darkest moment before Li Ming.

When the crisis finally broke out, it didn't mean success. Before the money arrived, it didn't count as success, because there would be many forces jumping out to put pressure on the individuals and institutions with CDs in their hands to redeem from them to reduce the loss of the bank. Of course, these pressures are not a problem for Andy, he can ignore them completely.Everyone looked at the young boss with greedy eyes flashing in his eyes like a hungry wolf who chooses people and eats them. For the first time, they felt the ambition and coldness of the young man who always smiles with confidence and sunshine.

An American common people's nightmare may even lead to the world financial crisis as an opportunity to grab wealth. Of course, it's all the people on Wall Street. No one is not greedy. A little emotion is just crocodile tears. Andy has no compassion. NIMA, Lao Tzu's soul is from China. Who cares No one can blame people's life and death and earning wealth legally. However, when everyone here looks at the little boss again, there is more awe.

actually, there are plenty of people who are finding the risk of a real estate bubble breaking up, or tens of thousands of people. It's not a joke. In 2006, at least tens of thousands of Americans, including real estate brokers, loan auditors, and increasingly stressed buyers, sniffed the coming crisis, but they could not directly cut short the US real estate market.

Because CDs will not be sold in the open market at all, ordinary investors can't even touch the threshold.

"Bud, you can solve the threshold problem of ISDA. Is there any problem?" Asked bardstone, who was thinking about something with Andy's eyes on him.

"No problem, it can be solved by a phone call. In the past, we were not interested in these junk bonds. The last time we made a big profit in the futures market, the International Swaps and Derivatives Association sent us an invitation letter." Bardstone nodded in response.

"That's good. After all, we can't trade CDs without passing the threshold of ISDA! In addition to being the main members of my think tank, the rest of you are the senior management of freecity investment company. The reason why this meeting is held is to let you understand my intention and plan, and then carry out it. In the next period of time, I need you to earn and withdraw the funds to the greatest extent. In one month's time, in one month's time, we will We have money to invest in CDs. At the same time, I want to inform all of you in advance. I hope you can make preparations early to avoid losses in the coming storm. Everyone, it's up to you next! "

Andy watched everyone leave the conference room, smiling at alvette and bardstone: "come on, have a coffee in my office, there are still some things to discuss."




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


COMMENTS