Manhattan Reborn 1978
Chapter 857 A fruitful trip to the island country (5) (page 13)
new York.
It’s approaching noon~
Wall Street, Stanley 4th Floor.
At the door of Sam Rogers' office, Mu Brandes knocked on the door with several folders.
"Bernard?"
"Aren't you in Chicago? Why are you back?" Mu Brandes saw Bernard Madoff sitting opposite Sam, and the two seemed to be having a good conversation. .
"The boss contacted Sam this morning and I'll be back."
"boss?"
"Yes!" Bernard Madoff, who has been traveling back and forth between Chicago and New York in the past two months, exuding a sense of pride and confidence, said with a smile.
"Oh.."
Mu Brandes handed the document in his hand to Sam, sat next to Bernard Madoff, and chatted in a low voice about the recent situation at the Chicago Exchange.
Mr. Madoff glanced at Sam Rogers who was looking down at the documents, took out a folder from the briefcase he brought, and smiled.
"Sam already took a look at it just now, you should take a look too."
"..." Mu Brandes took the folder and opened it with some doubts. He glanced at the home page a few times, couldn't help but take a deep breath, and asked in surprise.
"Are these just your earnings from last month?"
"Yes!"
"you.."
Bernard Madoff felt very happy. He pointed at the last few lines of numbers on the document and smiled.
"I followed the boss's instructions and after establishing some positions in the forward gold futures contract, I used the remaining funds to only do low long positions and not high short positions in the near-month gold futures contracts. I almost perfectly captured every small band price increase. Opportunity."
Mu Brandes carefully read the financial information in silence, turned to look at Mr. Madoff and sighed.
"So last month you only used 30 million yuan to earn 30 million yuan from the gold futures market...double your investment?"
"Yes!"
"But, there's more to come~ You haven't finished reading yet!"
"Um..." Mu Brandes flipped through the information in his hand and felt that he was shocked again. He frowned and stared at the several lines of numbers on it and asked.
"You still made more than 10 million in foreign exchange futures contracts?"
"Yes!"
"But these are still not all - there are more to come!"
"..." Mu Brandes was a little numb.
He quickly read the last few pages of the information, tried hard to suppress the "huge waves" surging in his heart, and continued to ask with his eyebrows already twisted into a "knot".
“You were short corn, wheat, soybeans, cotton and sugar, long frozen orange juice, cocoa, copper, silver, coal and heating oil, and made more than seven million in one month??”
"how did you do it?"
"I have been paying attention to the futures prices of these commodities, but I have not found them..."
"Hi~ No!"
"Your list is full of floating figures?"
"What other types of futures contracts do you hold now?"
Mr. Madoff chuckled, pointed to the last few pages, and explained: "Except for the sugar contract, I only spent 100,000 yuan on each of these agricultural product contracts to establish a short position, and I have no intention of holding it for a long time."
"Except for the long-term varieties of silver, copper, coal and heating oil, which I plan to hold for a long time according to the boss's wishes, frozen orange juice and cocoa are all tentative mid-line unilateral transactions, and the positions are not high."
"..."
Although there was no hint of showing off in Mr. Madoff's tone, Mu Brandes felt that after gaining the appreciation and trust of his boss, this guy not only became more courageous, but his achievements were also surprising. .
Sam Rogers finished the documents at hand, called Mu Brandes to "wake him up", and smiled.
"What you see is the support that the boss specially gave Madoff after he joined Vanguard."
"I believe that with this report card, no one will dare to underestimate him or question him at Pioneer's shareholder meeting."
"Um.."
"Old Friend" M. Brandes is very familiar with the so-called "elite-gathering" companies on Wall Street, and the dirty things behind them that are fighting for power and profit.
Vanguard was founded by John Bogle in 74. Its unique corporate structure is that each fund company that joins Vanguard forms a fund family that develops together, and everyone is a partner shareholder of the company.
However, the funds brought in by each company will not be managed and restricted by Pioneer's board of directors, and will still be managed and controlled by each relatively independent partner. .
Bernard Madoff turned out to be just an inconspicuous market-making company owner on Wall Street.
He was able to gain the attention of his boss David, who allocated him 200 million yuan in investment and allowed him to join the Pioneer Company, which has risen in recent years. This has been circulated in countless gossip versions on Wall Street. .
Some people say that Bernard Madoff was just lucky. He was appreciated by a Jewish super-rich man at a party and handed over all his investments to him. .
Some people say that the investment that Bernard Madoff received came entirely from his group of wealthy friends in the villa area of West Palm Beach, Florida. .
Others say that Mr. Madoff has been "deeply engaged" on Wall Street for many years, so it is normal for Mr. Madoff to obtain such an astonishing investment, and it is not worth making a fuss about.
But~
Among these relatively positive gossip rumors, there are also some more "brain-expanding" remarks mixed in.
For example: A certain Wall Street elite boss who had known Mr. Madoff for decades and had always looked down on him said firmly to his friends at a party.
"The money that Bernard Madoff received actually belonged to an overseas money laundering group... stolen money!"
"They just like to use unknown people like Madoff who are familiar with the market but have no strength as their white gloves. They invest money in the financial market for a few rounds, and then make a few seemingly profitable transactions. Even if they just put the money Cleaned up~"
After this seemingly very logical and "brainless" statement was spread, Bernard Madoff, as the person involved, did not give any explanation to any outsiders.
He just briefly told the directors about his today's investment plan and the amount of funds to be invested at Pioneer's quarterly regular board meeting.
He will use 100 million yuan to invest in the futures market, 50 million yuan to invest in the stock market, and leave 50 million yuan in reserve for emergencies.
And now in just about two months, he has used 100 million yuan to earn more than 50 million yuan from the futures market. . !
The comprehensive return on investment exceeds 50%! ?
Mu Brandes, who had already walked out of Sam Rogers' office, returned to his own office and took a few sips of hot coffee before slowly calming down the complicated emotions in his heart.
He can completely imagine it now~
If this "report card" given by Bernard Madoff is released, what a sensation it will cause~
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