Reborn Financial Overlord

bell bell -

The phone in the studio rang.

"Hello, hello, this is the evening financial broadcast room."

"Hello host. I am a long-term listener of the column and a loyal fan of Teacher Li Daxiao. May I ask Professor Li to choose some technology stocks with investment value for you."

"Okay. I will consult Professor Li for your question."

hang up the phone.

"Professor Li, you heard it too. Some audience members want to introduce some technology stocks to you. I don't know if it's convenient for you."

"Well... I think everyone can understand that I only study economic and financial relations, and I don't participate in investment. Only by having no desires can I be fearless. If I participate in the investment and analysis of individual stocks, I may not be able to do so because of my desires. And have desires so that correct analysis and judgment are affected by subjective psychological factors.”

"Mr. Li is really high-spirited. Do you mean that most people's analysis and judgment in the stock market will be influenced by subjective psychology?"

"Yes. When everyone invests, the purpose is to make money. But many people hope because of hope. When hope becomes obsession or falls into the obsession of hope, they ignore objective facts and are influenced by subjective consciousness. …”

"..."

As Li Daxiao said.

Whether it is an individual or a group, the purpose of investing is to make a profit.

Enron Technology rose from 18 yuan to 33 yuan, and the floating profit on the account of the first capital increased by nearly one billion, reaching a total profit of 30.00%.

This profit point is already the limit in short-term profit.

Central Plaza Building.

Li Weiqi clapped his hands and shouted.

"Brothers, everyone cheers me up for the shipment today. The boss said, please have a supper tonight, which girl you like, how many you want, you can do whatever you want."

Vomit——

Like a wolf howling.

A group of young traders were all pumped up, venting their hormones to the limit on the keyboard.

Enron Technology.

buy, 55.

sell, 105

buy, 1050

sell, 888

.......

There is always a special phenomenon in the market. When funds flow into a stock, many funds will follow. This is called the siphon effect.

With countless small purchases, the shipment of Capital One went very smoothly.

In one trading day, nearly 26 billion Hong Kong dollars in chips were sold, and Enron's stock price still rose by [-]% that day.

In the office, Shen Jiannan looked at the positions settled on the account and smiled with satisfaction.

Money is a hero's guts. If you don't have money, you're always in a panic.

Now, with nearly [-] million dollars in the account, many things can work.

bang bang-

There were two knocks on the office door.

Shen Jiannan shouted.

"Come in."

Charlie Cao walked in like a thief, and was relieved when he found that there were no certain pictures.

"Boss. You are looking for me."

"How is the matter with Lao Peng going?"

"Don't worry, the boss. I'll do it myself. The dead can be said to be alive, and the white can be said to be black. Mr. Peng will not have any trouble."

puff-

Lu Xinyue, who was sitting solemnly, laughed out loud.

With this smile, Charlie Cao also smirked twice.

But in the next second, this guy felt a murderous aura, and quickly looked at his nose, nose, and heart without squinting.

Shen Jiannan said unhappily.

"Why are you so cheap."

"Boss, you always teach us that we can't be moved by prostitution."

"roll."

"......"

Shen Jiannan cursed, swung a cigar from the table and threw it on the table.

Charlie Cao immediately walked over to pick it up with a playful smile on his face. First, he helped Shen Jiannan buy one cheaply, and then happily took one himself.

"Old Cao. Your department is doing its best to make a perfect commercial contract these days."

"What contract."

"I'm going to sign a credit default swap contract with HSBC Bank. I'll get someone to give you the files later. What you have to do is find all the legal blind spots in it and arrange them word by word to prevent any loopholes in HSBC Bank's breach of contract. .”

"..."

Chapter 5 CDS

(Thanks to the boss of Jingsheng Jingshi 89 for rewarding 10000 coins!)

Credit default swap, credit default swap, referred to as CDS.

It is the most common credit derivative product in the bond market of the financial market.

Kind of like a combination of insurance and options, but not quite.

In the late 70s, affected by the oil crisis, the financial industry became a complete garbage. Wall Street elites came to sell insurance products every day, and they were directly blasted out by customers with brooms or even guns.

The securities market and the bond market are equally difficult. Holding a marketable security, the 15-year maturity yield of [-] US dollars is only [-] US dollars.

People have nothing to do, they are on the phone every day, and there are poor people everywhere.

At this time, a man came to Wall Street and joined Salomon Brothers.

he is lewis lenery

In 1981, the U.S. Congress passed a bill, and the securitization that appeared in the 1970s, especially real estate asset securities (mortgage-backed securities), has been greatly stimulated and developed. The United States has seen a climax of asset securitization. The scale of the market expanded rapidly, surpassing the US stock market and becoming the largest securities market in the world.

At that time, most Wall Street companies were not fully prepared for this sudden change, but Salomon established a complete and standardized asset securitization department as early as 1978 with its sensitive sense of the market.

While other Wall Street companies are still hesitating and lingering, Salomon has earned hundreds of millions of dollars in revenue and has become a leader in the real estate securities market.Lewis Lenery, managing director of real estate securitization, a bond trader who began his career as a mail trader, became a legend at Salomon.

reason?

The reason was a new idea from Lewis Lenery.

CDS.

People who buy a house will carry a housing loan with a fixed interest rate and pay it off in 30 years. However, if the house price goes down and the house loan is cut off, the banking industry will suffer a large amount of bad debts.

If the housing securities are capitalized and a risk hedging tool is made, the risk of investing in real estate will be greatly reduced.

A perfect systemic bond.

People who invest in real estate buy CDS to avoid losses caused by the downturn of the real estate, because according to the CDS rules, when the price is lower than a certain range, the party who sells the CDS needs to pay liquidated damages to the customer.

Banks can also purchase CDS, which can avoid bad debts caused by banks due to mortgages.

The government can also benefit from this, so that the CDS, the financial system develops stably and everything is under control?

Then?

Then Salomon Brothers became the king of Wall Street.

In 1987, Salomon's capital reached 34 billion US dollars, with 80 employees and branches in major financial centers around the world.Become the giant of Wall Street in the mid-[-]s, the empire of the financial world.

Then no then.

In 1989, Salomon Brothers sold a short option on Tokyo Securities to major Japanese insurance companies through multiple channels and the credit of the King of Denmark.

Afterwards, he overbought short-term options and faced huge losses and was acquired by the Travelers Consortium.

Of course, what really made CDS shine was the well-known subprime mortgage crisis, which appeared in China, and quietly appeared in major banking institutions in the next 20 years.

Nine in the morning.

Happy Valley, Royal Villa Garden.

Shen Jiannan stood in front of the mirror, stretched out his hands, and let Aso Zhiyue and Shinkawa Masako play tricks on him.

Panties are pulled on, pants are pulled on, shirts are pulled on, socks are pulled on.After putting on the suit, a young man with extraordinary temperament appeared in the mirror.

Of course, Shen Jiannan was not idle either.

While Orizuki Aso was putting on his tie, he was still busy with work on the phone.

Charlie Cao's work efficiency is very high. In a few days, the contract requested by Shen Jiannan has been completely settled.

However, Shen Jiannan was still worried.

None of the major banks are vegetarians, all of them eat meat.

"Charlie. This contract is very important to us, are you sure there are no loopholes?"

"Boss. The sixteen of us have cross-checked it [-] times and revised it more than a dozen times. We are sure there is no problem."

"Wai Ruigou. What about the confidentiality agreement?"

"If HSBC violates the confidentiality agreement, it must pay us US$50 billion in compensation. The responsibility rests with the individual."

"That's good. Wait for me at the gate of the bank later."

"..."

After hanging up the phone, Shen Jiannan looked at himself in the mirror and gritted his teeth.

With the greedy habits of bankers, if they give HSBC such a large and luxurious gift package, they will definitely go crazy with joy.

"Owner."

Aso Zhiyue shouted, putting the watch on Shen Jiannan's wrist.

The cool emerald stays on the pulse, which immediately makes people feel refreshed.

Shen Jiannan stood still.

Aso Zhiyue understood, and tapped on Shen Jiannan's lips.

"Um?"

Shinkawa Masako was also very knowledgeable and came over to offer a kiss.

flutter--

A rag doll flew over and landed on Shen Jiannan with precision.Seeing this shameless scene early in the morning, Lu Xinyue expressed her dissatisfaction in her heart.

Shen Jiannan caressed Bai Fang, walked to the door, and grabbed Lu Xinyue's head without any explanation.

moment.

When the two separated, Lu Xinyue rolled her eyes fiercely.

Since returning to Hong Kong, this guy has become more and more unscrupulous.

Men, really can't be used to it.

Shen Jiannan accepted it as soon as he saw it, pretending to be stupid and asking.

"What about An Ran?"