My Age of Investment

  Chapter 1002 Sao operation

  Xia Jingxing pinched his chin and made a thoughtful look.

  He can guess some of Gates’ thoughts. Regardless of the fact that the other oil pipe on the left cannot survive independently, everyone on the right invests together to maintain the oil pipe. In the final analysis, the other party wants to unwind the oil pipe’s investment of more than $600 million.

  Instead of spending billions or tens of billions of dollars to explore the risky path of independent survival in the oil pipeline, it is better to switch to Facebook’s listed company stocks.

   Facebook is in a good financial situation, and it has already met the conditions for listing, but it happened to be in the subprime mortgage crisis, which slowed the pace of listing.

"How about it?"

  Gates lowered his voice: "If you are worried about transaction review and approval, I can help with some work."

  Xia Jingxing chuckles, he is not really worried about the problem Gates mentioned.

  It is not very important to him whether YouTube will return to the embrace of Facebook.

  Anyway, he is just an idle shareholder now, and the control of the company is no longer in his hands.

  However, he thought about it again. If Youtube can return to the Facebook system, it will actually broaden the moat of Facebook. When Youtube is fully profitable, it will not only become a burden, but it can also greatly increase the market value of Facebook.

  In this case, as a shareholder with a higher shareholding ratio, he can directly benefit from the capital level.

  The reason for choosing to split the oil pipeline was to avoid the risk of infringement and to reduce the burden on Facebook and create an opportunity for listing.

  "This issue needs to be discussed with Christina, Little Dog, and other shareholders, and listen to their opinions."

  Gates smiled slightly, "Of course, this is an essential procedure.

  However, you are the largest shareholder of the two companies, and your opinion is critical. "

  Xia Jingxing has a headache. It seems that Gates wants to make a statement today.

   "In principle, I agree, but it is too early to talk about this.

  One Facebook has not yet been listed, and the other does not know what the next development of the tubing will be. "

  Gates said in a joking tone: “It’s okay to have you, otherwise I would not dare to participate in the next investment of tubing.”

  Xia Jingxing had a faint smile on her face and did not answer.

  He knew that Gates' remarks should be serious, and the other party was stunned, a little afraid to play with him.

  He now has the ability to raise oil pipes independently, but he doesn’t want to raise it with his own money.

  One piece that his shareholding in oil pipe is already high enough, and he will withdraw from trouble in the future;

   Come on, the valuation of tubing is already very high, and the return on investment is limited. If you raise a new PE fund to invest in tubing, you can still consider it.

  Gates clicked till the end, and didn’t say anything further. He knew that Darren was a smart man and should know what he meant.

  …………

  …………

  Vision Capital, Claire Capital, and Paulson Fund have held parties to thank LP, and PY transactions have been carried out.

   Soon, these LPs who master the upper-level resources of the United States showed their own energy.

  The slander and condemnation of Wall Street's big bears on the market gradually disappeared.

  Even if there are still some discussions in private, they are limited to a small area. At most, cursing a few words "Paulson son of a bitch" is irrelevant.

  In order to restore his public image, Paulson took the lead in donating a huge sum of US$15 million to a research institution called the "Reliable Loan Center" to provide legal aid to families who were unable to pay for their mortgage.

  This has saved a bit of Paulson’s bad public image. However, many people feel hypocritical and made $3.7 billion, but they donated $15 million. It may cost more than that to file a lawsuit against his mother.

  Claire Capital, following Paulson, also donated US$10 million to a social organization that pays attention to homeless people. In Peter Thiel’s words, it’s not easy to grab the attention of the Paulson hedge fund.

  After donating such a small amount of money, Peter Thiel was embarrassed to go to Xia Jingxing to bear half of the amount.

  However, Xia Jingxing still donated US$5 million in the countryside, which is only a fraction of the profit.

The    incident has gradually subsided, and people’s memories of most of the short positions will be diluted by time, but Paulson’s estimate is hanging up, who makes him earn the most.

In addition, Greenspan, a well-known Jewish economist with a tenure spanning six U.S. chiefs and former Chairman of the Federal Reserve Board, announced that he has joined the Paulson Fund and became the company’s economic adviser. There was a lot of discussion about the Elson Fund.

  Because when Greenspan was the chairman of the Federal Reserve, the old man’s too loose monetary policy spawned the property market bubble, and the Paulson Fund happened to be the biggest beneficiary of this property market bubble.

  At the same time, the last hedge fund that the old man served as a consultant last year, Pacific Fund, also made a lot of money by shorting subprime mortgage derivatives last year.

  No matter how the American people scold him, the old man Ge is already happy to take office. During the interview, he also said that Paulson Fund is the world's leading hedge fund, and he also admires Paulson personally.

  …………

  …………

   "Lehman Brothers, average price of $60.05, short 2.5 million shares."

   "Bear Stearns, average price of $74.44, short selling 500,000 shares."

   "Citibank, average price of $49.06, short selling 5 million shares."

   "Merrill Lynch, average price of US$49.45, short selling 1 million shares."

   "Bank of America, average price of $38.5, short selling 8 million shares."

   "AIG Group, with an average price of US$57.91, short selling 2.5 million shares."

  "JP Morgan, average price of $45.72, short selling 3 million shares."

  "Morgan Stanley, average price of $47.39, short selling 4 million shares."

   "Wells Fargo, average price of $28.21, short selling 4 million shares."

   "Mid Union Bank, with an average price of US$37.65, short selling 500,000 shares."

  ……

  Looking at the paper document printed on the table, Belankvan scratched his big bald head.

   "It's really ruthless! The four largest investment banks in the United States, the five largest banks, plus AIG, the world's largest insurance group, are all in one go."

  Goldman Sachs vice president Fabrice Torray, who was sitting across from Berencvan, spread his hands, "Obviously everyone has misunderstood Paulson. There is no doubt that this guy is the biggest short."

  Berlankfan nodded, "He is very pessimistic about the economic situation after the subprime mortgage storm, and is sure that financial stocks are the hardest hit.

  I just didn’t expect him to be so cruel that even his old friend Morgan Stanley never let it go. "

  Speaking of this, Belankefan glanced at the subordinates in front of him with a smile but a smile, "Do you think he is short of Goldman Sachs?"

  Fabris was taken aback for a moment, and then he reacted, "You mean...we are short on Morgan Stanley, and Morgan Stanley is short on us?"

  Belankfan smiled slightly, did not speak, and behaved very calmly.

  But a younger, 29-year-old Fabris behaved differently. He was extremely angry and said: "How can he do this? Does this treat us as fools?"

  Berlankfan waved his hand gently, "It doesn’t have to be this way. Shorting is originally a market behavior. If the time is right, I would like to design some Goldman Sachs put options to sell."

  Fabris was dumbfounded. What kind of showmanship are these?

  Berlank Van Haha laughed, "You are still young and don’t understand many things. I admire the famous Chinese saying that Dai Lun often puts on his lips, called "Follow the trend."

  The old man said the idiom in Chinese first, and then explained it in English again.

  Fabris was still bewildered, and Bellankfan had already started to rush people, "Go, let our big clients match up some opponents."

  Without sufficient trading volume, our VIP customers are afraid to sell short on a large scale for fear of breaking down the stock price. "

  Fabris nodded, got up and went out.

  Berlankfan took the documents in his hand, and was full of emotion. There are talented people coming out from generation to generation!

  On the other side, Mai Jinheng also got the same file report.

The content of    is roughly the same as the document held by Bellan Kefan. The biggest difference is that the Morgan Stanley column has become Goldman Sachs.

   "Goldman Sachs, average price of US$198.87, short selling 1 million shares."

   Seeing this, Ma Jinheng chuckled lightly, not stupid. The American financial giants are all neatly here, so why would they be absent from Morgan Stanley.

  I can only pretend to be deaf and dumb, after all, the business has to go on.

  　 It’s a bit late, and the data is not easy to check. After five hours of writing this chapter, several companies in the article have been acquired, and the stock price and total equity are difficult to check.

  (End of this chapter)