The rise of heroes begins with Hong Kong movies
Chapter 833
Newyork, Manhattan's melting district.
Chaos begins!
Quantum Fund headquarters building.
Soros came to his office as usual.
The difference is that he feels more uneasy now.
Whether they are ordinary investors or investment giants like him, they were all taken aback by last Friday's market conditions. The stock market is unclear and no one knows what will happen.
The unknown is the biggest fear.
Soros still has 5,000 S&P 500 index futures worth US$1 billion. He resisted the stock market crash last Friday and wanted to wait for two more days to see the market situation.
This is normal. As I said before, Newyork has gone up and down since October. It’s nothing.
But when the time came to half past nine and the stock market had not yet opened, Soros reacted instantly and immediately realized that a very bad situation was about to happen!
Rogge immediately used his intelligence channels to investigate what happened.
The result shocked him!
It’s over!
Finally, at 10:30, the stock market opened, and it plummeted like a thousand miles, and it hit them head-on!
In just half an hour, 753 stocks in Quantum Fund’s heavy positions lost a total of US$40 million!
This does not include the 5,000 S&P 500 futures worth $1 billion in their hands.
If counted, they would have lost over 100 million in just half an hour!
In the office.
Rogge was a little unresponsive. Everything that happened in front of him made no sense and was very illogical. All previous knowledge and experience were broken and could not be applied at all.
Although the value of the lighthouse country's stock market is somewhat inflated, economic growth has failed to keep up with the surge in the stock market.
But, but that’s not the case, right?
"Damn, damn……"
Drops of cold sweat appeared on Rogge's forehead, and he said in shock:"That damn Eastern boy, he won the bet, it was really a global stock market crash, and all financial markets will be affected."
"This is simply unbelievable. How did he do it?"
"How dare he play it so big?"
"George, what do we do now?"
Soros allowed Rogge to exclaim, but did not respond. He just thought about something with a solemn face.
Silence!
Soros's brain was running at high speed, and he considered all the causes and consequences of the whole incident, and what might happen next, as well. Thinking everything into place as much as possible.
Unfortunately, it was impossible for him to fully understand it in such a short time.
The situation was completely out of control!
The silence lasted for three minutes, until Luo Yiyi asked with a solemn face:"George, What should we do next?"
"Sell! Rose
's eyes flashed and he said in a deep voice:"All 50 and 500 index futures were sold at 30 points and quoted directly at 230 points!""
"If you can’t sell at 230 points, then go down further!"
"No matter it is 220 points, 215 points, 205 points, 200 points, or even lower than 200 points, sell them all to me, and not a single piece will be left! We now have to survive with our arms cut off!"
What?
Rogge was shocked.
You know, one point of S&P 500 futures is worth 250 US dollars. 5,000 points is 1.2 million US dollars, 10 points is 12 million US dollars, and 50 points is 60 million US dollars!
This loss is really too big Big!
"george——"
Just as Rogge was about to open his mouth, he was interrupted by Soros, who said forcefully:"Don't hesitate any more, don't ask any more questions, just do as I say!"
"Sell all the goods on hand!"
"Have you not realized that things have gotten out of control since last Friday? No one knows what will happen next. In this case, the best thing to do is to cash out!"
"This stock market crash happened so unexpectedly that I never fight an unprepared battle."
"That oriental rich man, he won the bet"
"In this round, I admit defeat.
After a slight pause, Soros continued:"This is how investment is. Even good investments cannot win every battle. There will always be times when they fail.""
"This is not important, what is important is how to face failure. Rogge nodded heavily and said:"George, I understand, I will do it immediately!""
"Um."
Soros said.
Rogge left immediately, came to the securities trading department, and followed Soros's order to sell all 5,000 S&P 500 futures contracts held by Quantum Fund.
The result was terrible!
He initially quoted 230, But no investment institution was willing to take over, and then it dropped to 220 points, 215 points... until 200 points, no one cared about it.
Rogge's head almost exploded. He didn't dare to make such a big decision easily, so he had to ask Soros again..Soros
’s answer is very simple: Bargain the price and keep selling!!
In the end, these S&P 500 futures contracts worth US$1 billion were sold between 195 and 205 points, with an average loss of 60 points per 200 points, which is US$72 million.!
After doing all this, Rogge returned to see Soros.
He cut his flesh and left the scene, and finally calmed down.
In the office, the two old friends looked at each other, and they could read what the other wanted to say from each other's eyes without speaking..Soros
’s eyes flashed and he said:"Wen Yaohuo?"
"Dongfang’s surname comes first and his first name comes last, so he is Huo Wenyao. I am very interested in him and hope to have the opportunity to meet and communicate with him in the future. He is amazing.
Rogge muttered:"Damn it!""
"He is indeed amazing. I also want to meet him and ask him why he is so sure. This time our Quantum Fund will lose at least 200 million US dollars. It is really a bad day!"
"I have a feeling the next month will be just as bad.
Soros sighed softly and said,"It's unfortunate, I think so too.""
……
……
On this day, there are many investment giants like Soros who are also dominated by fear and are desperate to survive.
Such as Peter Lynch.
This man is the manager of the Magellan Fund and a legendary investor on Wall Street. He was traveling in Britain when this suddenly happened.Things completely ruined his vacation.
Peter Lynch returned to the room and sold a large number of stocks held by the Magellan Fund in the two major financial markets of Britain and the Lighthouse.
On this day alone, the Magellan Fund's net asset value lost 18%, up to US$2 billion!
The rare new generation of investment wizards like Dalio and Paul Tudor Jones roughly predicted that the stock market crash was going to happen and made countless preparations in advance.
While other investment giants are cutting their flesh to stop bleeding and cutting off their arms to survive, they are frantically plundering wealth.
Huo Wenyao?
He sees things most accurately, has the biggest appetite, plays the biggest games, and of course gets the most generous rewards.
He is a giant deep-sea whale, standing at the top of the food chain!
Of course, in addition to these two categories, there is a third type of people. _Feilu reminds you: three things about reading - collect, recommend, and share!
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