LATEST UPDATES

American Fortune Life - Chapter 633

Published at 7th of November 2021 08:35:52 AM


Chapter 633: 633

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




none of my business!

Hearing Warren Buffett's words, Andy's brow is slightly wrinkled, which almost blurted out. Fortunately, he restrained it, or he would really be a hammer.

Warren bafitt asked him to meet and talk with him, not only on behalf of himself. Andy's popularity and popularity on Wall Street, as well as the reputation in the hearts of the people, have long been ignored by any force. His background and family background, plus the wealth he now holds, who can ignore his strength.

Of course, it doesn't mean that Andy is really powerful or important. Compared with the vested interest groups, the Wall Street tycoons who control wall street and the consortiums that penetrate into all aspects of the American economy, Andy is still a skinny shrimp. OK, a big skinny shrimp.

Andy won't stand up against the general trend and shout, wasting his reputation which has been successfully established one after another. Isn't it true that the old man didn't go to battle barebacked? He's not so stupid. He's not a hot-blooded young man who is bewitched by a few words.

"The U.S. economy accounts for 28% of the global GDP. At the same time, the U.S. is the world's largest consumer goods market. In 2006, the consumption expenditure of U.S. residents was 9.5 trillion US dollars, accounting for 20% of the global GDP. Therefore, once the consumption demand of the United States declines, this serious supply-demand gap cannot be filled by any country in the world.

And according to the data, for every one percentage point decrease in the economic growth rate of the United States, the economic growth rate of Latin American countries will fall by 0.22 percentage points, while that of Asian emerging market countries will fall by 0.13 percentage points on average.

The United States is the most important import country in the world. Once the U.S. economic recession comes, it is inevitable that the decrease of American income and consumption demand will have a significant impact on those countries and regions that rely on exports to drive economic growth, so that their exports will slow down and their GDP growth will decline.

You said that we all know what other countries don't understand. Isn't this the biggest dependence for us to see the subprime mortgage crisis spread from the United States to the world and become the global financial crisis?

We can't solve the consequences of this crisis by ourselves, but now the whole world is helping the United States solve this problem. The U.S. economy will not collapse, and other countries don't want it to collapse!

This economic crisis has not been a problem of the United States for a long time. I just want to take advantage of this once-in-a-lifetime opportunity to earn more pension money. Ha ha, that's my answer. "

Buffett and Ivana listened to Andy's quick and quiet narration. When Andy pointed out that the U.S. didn't play a good role in the transformation of the subprime mortgage crisis into the global financial crisis, Buffett couldn't help but stretch out his finger and push the glasses on the bridge of his nose. At the same time, the perception of the little fox in front of him in his heart has improved a step.

Andy's conspiracy to kidnap the world with the subprime mortgage crisis is like a mirror. In order to get out of the predicament, when the rabbit country '.

However, when the United States first emerged from the subprime mortgage crisis, it soon recovered its disgusting face. Some so-called financial Jingying people even made speeches in public, and they would not give any money back to rabbit country, the largest creditor country of the United States.

Andy really wants to ask these idiots if they are all flying! If you want him to do things that are hard and thankless, dream about it. Whoever is willing to be the enemy leader will be the one, but he will not let go of this chance to make small money.

In Maybach 62s.

Ivana held Andy's arm, looked up, and her eyes were full of adoration. She asked softly, "honey, is the conspiracy theory of subprime mortgage crisis true?"

"naturally, some of the situations I have grasped are pointing to this conclusion. The Federal Reserve has discovered the danger of the real estate bubble breaking up very early, and there is a big problem in the subprime mortgage loan. It has been carefully releasing the energy of the subprime crisis. Morgan Chase also discovered the issue of sub loan bonds in 2006. The newspaper just made a risk warning of the subprime mortgage crisis and was called off by all parties. Isn't that a good proof?

I want to raise flags and shout, hehe, unless I'm crazy, my little arms and legs can't stand the twists and turns, I still want to keep money to marry you and raise a bunch of children. This kind of opportunity to be the Savior is left to Warren Buffett, who let him be the God of stocks! "

Andy's words undoubtedly scratched the itch of Ivana in the worship of happiness. Without saying anything, he put his arms around his neck and gave his own red Hun.

Looking at Ivana, who is pretty red and a little reluctant to get off the bus and leave, Andy also smashed his mouth a few times. Lunch time is a little long. It's nearly two o'clock in the afternoon to send Warren Buffett away. Andy, who is still busy in the afternoon, naturally can't drag Ivana to find a place.

In the conference room of Gaia investment company, all 20 consultants of Andy's core think tank have arrived. In the next one to two years, one financial giant will slowly fall down. Although Andy has arranged the subprime mortgage crisis early and made a lot of money, he has no big advantage in the game now. In addition to a few major events in the future, he That is to say, gold will go up and apple stock will go up.However, Andy knew very early that the financial information he could use was not only the time before 2009 when he accumulated wealth through the subprime mortgage crisis, but also his personal advantages in the financial market were almost nil after that, so if he wants to spend the winter and become the biggest winner in the financial crisis with the opportunity of the subprime mortgage crisis, he needs his own“ Special forces.

The success in this financial storm is not only the wisdom of his own "forward-looking" decision-making, the key is that he has a fighting "special forces" - risk management team.

It is this "special force" that collects and finds problems from the vast amount of data, and then quickly controls investment risks. Of course, it also means that they give up part of the market and choose more stable goals through painful choices.

On the surface, the predator group seems to have lost to other hedge funds that are rampant in the market for a while, but Andy never complained that these subordinates "never follow the trend, and laughter is the standard to test a team's competence at the end". This is Andy's warning to the risk management team.

Andy has always believed that bringing out a good team is the guarantee of success.

The risk management team composed of these 20 people, whether the shortlisted is from a famous school, whether they have a brilliant resume, these are not Andy's concerns. As a member of this team, you have been enduring the repeated and severe "test" for nine months - whether you can firmly maintain your correct position.

Because this risk management team is to supervise all of Andy's companies, and the briefing sent to Andy every day, including all companies, is taken out by this team.

A team of 20 people, whether Andy is in New York or attends a meeting, will hold regular meetings, usually for a whole day. The atmosphere of the meeting is like a "Rome forum". Fierce debates often last into the night.

A large number of detailed reports are the content of each discussion and an important factor that Andy's predator team relies on in the decision-making process of selecting targets.

It was in this discussion that the team found the opportunity to open positions in the yen spread trade, snatching more than $600 million of profits from the base currency for three consecutive days.

Make effective decisions. Andy in order to get rid of the financial Xiaobai, many books he read in his literacy have played a great role. He found a decision-making tool called "credibility weighted decision method".

This kind of decision-making tool comes from a man named redario, whose name is absolutely thunderous in the investment world. His biggest and most amazing achievement is to establish a hedge fund called "bridge water". The fund's asset management has reached US $160 billion, which translates into almost a trillion rabbit dollars.

So bridge water is arguably the world's largest hedge fund. Dario himself is known as the "godfather of hedge funds", and the media even call him "Steve Jobs of the investment community.".




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


COMMENTS