My 1999

"Mr. Xu, the amount of money we invested this time is quite large."

"oh?"

Bush raised his right hand and held out three fingers.

"$3 billion."

Xu Liang raised his eyebrows. Although the Bush family had a small amount of assets, they certainly could not afford so much money. There is a high probability that many of them are funds from relatives or allies.

"I wonder if Mr. Xu is willing to take it?"

The amount of a single hedge fund should not be too large, otherwise it will lose flexibility and result in a decline in profitability.

When profitability drops, it will directly affect the fund company's income.

Give a simple example.

10 billion US dollars, with an annual net income of 20%. According to Hanhua's regulations, Hanhua can only share 20% of the net income, which is US$2 billion.

But if the amount of a fund is US$5 billion and the annual revenue exceeds double, Hanhua can share 50% of the net income, which is US$2.5 billion.

So why does US$10 billion only yield 20% net income, while US$5 billion doubles the net income?

This involves leverage often used by hedge funds.

US$5 billion with triple leverage is only US$15 billion.

US$10 billion with triple leverage is US$30 billion.

Obviously the former is easier to earn excess returns.

In the global business world, there are too few opportunities to earn even 35% of net income from US$30 billion.

This is why the world's top hedge funds are not large in scale.

There are too few good investment opportunities.

More money is worse than less money.

Of course, Xu Liang is an exception. As a reborn person, he knows many ways to obtain excess returns, although the most fragrant part is already in his hands.

But the rest can also be very profitable.

"Mr. President, 3 billion US dollars is a bit too much." Xu Liang said with a smile.

He can keep the US$3 billion, but he can't agree too readily. Otherwise, how can it seem like a rare opportunity?

"As far as I know, the amount raised by Pacific Fund 2 is US$15 billion." George W. Bush said with a smile.

"The amount of funds raised by Pacific No. 2 Fund is because I am greedy. In the past six months of operation, although I have achieved good results, the net income is far less than that of Pacific No. 1 Fund, so I plan to reduce the amount of funds raised by Pacific No. 1 Fund. To less than 10 billion US dollars." Xu Liangdao.

Bush narrowed his eyes slightly.

"So Mr. Xu plans to refuse?"

"If it were someone else, I would definitely refuse. After all, too large an amount will affect the fund's revenue, and it will also affect Hanhua's income.

But I respect Mr. Bush very much, and especially admire your talent and courage in fighting terrorism and reforming the domestic economy.

but……"

Xu Liang changed the topic.

"Hanhua is not just my word. I also need a reason to convince the company's partners and management."

George W. Bush is not a fool either.

As soon as I heard it, I knew it was for some benefit.

He looked at the young man with a smile in front of him with his deep eyes, and thoughts emerged from the bottom of his heart.

He wondered if he was using his power to overwhelm others and get what he wanted for free?

But he hesitated and gave up.

Although the Bush family has great influence in the United States, there are too many powerful people betting on Hanhua Capital. If he deliberately makes things difficult for Xu Liang or Han Hua, these powerful people will have no way to make money.

I'm afraid he won't be able to be re-elected in two years.

"It's normal for Mr. Xu to have concerns, but it should be enough for Washington to mediate the conflict between you and Ellison this time."

Xu Liang cursed secretly.

"Sure enough, politicians are not good at anything."

"Mr. President, I don't take Ellison seriously.

Moreover, the so-called mediation of conflicts means that I flew more than 10,000 kilometers, traveled halfway across the world, and waited here for two days. I asked myself whether I was being rude.

For two days, Washington ignored me.

Now I haven't even seen Ellison's shadow, and Washington is telling me that the conflict between me and Ellison has been resolved?

No contract required, not even a basic verbal commitment.

Even if I respect Mr. President and accept this so-called mediation, my subordinates and partners do not. "

Want to get rid of nothing?

no way!

Looking at the cunning young man in front of him, George W. Bush was too lazy to fight with him.

"What does Mr. Xu want?"

what do you want?

Xu Liang couldn't help but hesitate.

Marvel has already succeeded in the two projects he is currently acquiring. MGM has the help of Citigroup, JPMorgan DA and Goldman Sachs. With the influence of the three major financial giants in the United States, this matter will not go wrong.

Two other acquisition targets.

Master Kong has nothing to do with the United States, and Bandai's acquisition has little to do with it.

So for a while, he really couldn't think of any place where the US president, George W. Bush, needed to take action.

But if he just let it go, he wouldn't be willing to do it.

Although with this favor, you can gain the friendship of the Bush family.

But friendship is too empty.

There are too many people these days who take money and do nothing.

Therefore, Xu Liang prefers to be able to cash out in time.

But how to cash out is indeed a problem.

Sudden.

A flash of inspiration flashed through his mind.

"Almost forgot about it."

"I am very interested in a South Korean technology company. I want to acquire it. It needs to be reviewed by the US technology department. I will ask Mr. President to help me then."

"I wonder what company could actually interest Mr. Xu, who has a net worth of tens of billions?"

"It's not a big company. It develops and produces memory chips. It's called Hynix!"

Xu Liang has been paying attention to Hynix for a long time.

When he was in South Korea last year, he noticed the sale of Hynix from the news.

But he didn't have enough money at the time, so he just asked the information department of Hongyan Fund to keep an eye on him and submit information to him every other month.

During this period, I have been busy with Hongmeng’s Series B financing, and I was worried that the United States would set up obstacles to this acquisition, so I have not taken any action.

If it can get the support of George W. Bush, it will have a greater chance of successfully acquiring Hynix.

"Hynix."

After writing down the name.

"Mr. Xu, why don't you submit detailed information about this company and I will give you a detailed reply after reading it?"

"No problem at all."

After the deal was concluded, the conversation between the two became relaxed.

Not long after, George W. Bush issued an eviction order, and Xu Liang also took the opportunity to leave.

On the way back to the car.

"Mr. Xu, will President Bush agree to us?" Lu Hui said in surprise.

"meeting."

"Are you so sure?"

Xu Liang smiled and nodded.

Now the attention of the United States has shifted from China to counter-terrorism. The relationship between the two parties has eased a lot. Moreover, Hynix has suffered serious losses and is not an American company.

The resistance is relatively small.

Of course, failure is not impossible.

Failure means failure. Hynix is ​​just a high-quality investment project, not a necessity.

Lu Hui was used to seeing her boss's unstoppable business talent, and seeing how confident he was, Lu Hui had no doubts.

She was curious about something else.

"After you just invited Secretary of State Powell to invest in the Pacific 1 Fund, why didn't you ask him to help you?"

"Powell is not George W. Bush. He does not have enough energy alone, so this 'request' can be postponed temporarily."

These connections are like piggy banks.

But if you only save without withdrawing, you will become a miser.

If you only take things without saving them, you will easily become the target of public criticism and a thorn in the side.

There needs to be a balance between the two.

Therefore, he deposited the small-denomination banknotes of Powell and withdrew the large-denomination banknotes of George W. Bush.