My Age of Investment

   Chapter 1250 揠miao encourages (Autistic Cat Leader 410)

   "The fund will be liquidated and re-raised next."

   As soon as Xia Jingxing finished speaking, Abel asked why.

After    asked, Abel quickly realized that he was overwhelmed by the huge achievements.

  The boss has already explained it before, keep a low profile!

  Xia Jingxing glanced at everyone and explained: "Our asset management scale last year actually reached 32 billion US dollars, but the outside world speculated that it was only more than 20 billion US dollars.

   Now if it is announced that the fund’s asset management scale has exceeded the US$100 billion mark, many things will not be self-inflicted. "

   Everyone nodded, the impact of the $30 billion incident is still vivid in their eyes, and it is true that they cannot expose their trump cards just because they are greedy for a false name.

   "This is only the first reason to cut the size of the fund."

  Xia Jingxing said: "The second reason is that we currently do not have the ability to control a fund of 100 billion US dollars!"

   Everyone frowned and began to think about the meaning of the boss's words.

   Seeing everyone's doubts, Xia Jingxing continued to explain: "Last year, we were betting on this dazzling achievement in a one-way down market.

  Do you think there will be a large-scale financial crisis in the short term?

   Based on past experience, it will not happen again for at least ten years.

  In the usual ups and downs in the volatile market, the fund scale is too large, but it is inconvenient to operate.

  Bridgewater Fund has been operating for more than 30 years, and they are able to roam around the world's various financial markets like arms and fingers, and freely switch between various financial types.

   Ask yourself, can we do it? "

  Jiang Ping said solemnly: "To be honest, I feel a little bit exhausted in operating two multi-billion-dollar funds in the foreign exchange market.

  The $20 billion I was in charge of last year might have gone wrong if I hadn’t bought index futures contracts, various contracts, and waited for the draw. "

   Seeing that the first brother is so humble, the others also began to reflect and reassess their abilities.

  Xia Jingxing glanced at Jiang Ping admiringly. Against the background of earning more than 40 billion US dollars last year, he can honestly say that it is a little difficult for him to manage billions of dollars. This shows that Jiang Ping is still not inflated and his mind is very clear.

   Of course, this may also have something to do with Xia Jingxing.

  Jiang Ping and even the other fund managers here can make so much money because of Xia Jingxing's judgment on the general trend.

   There is a saying that is good, but the direction is wrong, and efforts are in vain.

   For example, Peter Thiel.

   So, Xia Jingxing took out this old friend as a negative teaching material.

After hearing the news that "Clary Capital, which was arrogant and was about to be selected as one of the top ten hedge funds in the world last year, lost $5.6 billion last year, and plans to hand over $10 billion to Vision Capital Management", the six people present were very excited. surprise.

   "Actively reduce the size of the fund?"

   Li Yaozu looked puzzled, this is really a long time to see, if it wasn't for the boss to say it, he would doubt the authenticity of the words.

   "Yes, Peter Thiel has an advantage, he can clearly recognize the boundaries of his abilities.

   This looks like a cowardly evasion behavior, but from another perspective, it is not a kind of bravery!

  Who dares, who is willing to admit that he can't? "

  Xia Jingxing looked at the boundless ocean in the distance. To be honest, he admired Peter Thiel a little.

   If in the previous life, I chose to admit defeat early and honestly find a class, the outcome may be much better, but not necessarily.

   Putting away the emotion in his heart, Xia Jingxing said again: "The biggest problem with our fund now is that it grows too fast. There is an idiom in China called 揠miao encourages growth..."

   In order to take care of Abel, the only foreigner present, Xia Jingxing popularized Chinese culture again.

After listening to   , Abel nodded sharply, "Actually, I also feel the same way, and the fund scale is increasing.

  Three years ago, we were just a company with an asset management scale of US$3 to 4 billion. Now the scale has increased dozens of times, and management and risk control have not kept up.

   Of course, except for fundraising, this work is due to the blessing of all the bigwigs. Wherever I go, I am full of flowers and applause. Fundraising hardly requires any effort. "

  Abel's humorous words made everyone laugh, and also diluted some serious atmosphere.

   Xia Jingxing lived up to the opportunity created by the atmosphere team of Abel, and said while the iron was hot: "So, we take a step back now to lay a solid foundation and accumulate strength for the next sprint.

  The next time we break through the 100 billion US dollar asset management scale, we will be greeted with envy and admiration, rather than doubts and hatreds like now. "

  Deng Fenghua said: "Da Lun, we have no opinion in the Magic Capital Office. We have voluntarily reduced the size of the fund once before. The feeling that it is not too big, not too small, just right, it is indeed a lot easier to invest."

   With the first person taking the lead, others also expressed their support for Xia Jingxing's decision.

   Seeing this scene, Xia Jingxing showed a smile on his face. After all, Jiangshan was defeated together, and everyone had to fight together. He also hoped that his actions would get enough understanding and support.

   In fact, he took the initiative to reduce the size of the fund, and there is another reason that he did not explain.

   He wants to take the money back to feed the rabbits! The rabbits raised in my hometown are already barking with hunger.

   And many of the funds of Vision Capital are his own funds and income, plus a huge income share.

   Such a large sum of money is always kept abroad, and he is also a little worried.

   Cohen took the lead in making trouble and sounded the alarm for him. There are too many people who can't afford to lose and people who like to play outside the plate.

  …………

  …………

  The yacht sailed on the sea for a while, and gradually saw three islands.

   "This is the Cayman Islands?"

  Xia Jingxing glanced at Ye Shuhui and replied, "Yes, this is where the headquarters of Vision Capital is located."

   Hearing this, everyone burst out laughing.

  Because not only Envision Capital, but also many large domestic and foreign companies including Penguin, Ali, etc. are registered here.

   Soon, the yacht approached the largest island in the Cayman Islands - Grand Cayman Marina.

  Xia Jingxing led everyone off the boat and came to the shore.

  This British overseas island was discovered when Columbus launched his fourth expedition to the New World five hundred years ago. After Jamaica became independent, it became a direct colony of the United Kingdom.

  Because it is located in the tropics, even in February, the temperature on the island remains in the 20s, and the climate is pleasant. At the same time, because the water quality near the island is well maintained and very clear, it has developed into a world-famous diving resort.

  The island is dominated by blacks and mixed races. The permanent population is less than 50,000, but the per capita GDP is as high as 50,000 US dollars. The pillar industries are tourism and financial services.

  Xia Jingxing and his party got into several cars that had been arranged to wait on the bank in advance and drove towards Agland House, South Church Street, George Town, where the headquarters is located.

   After arriving at the place, everyone got out of the car and saw an ordinary five-story office building with a few green coconut trees planted at the entrance.

   "The headquarters is so shabby?" Ye Shuhui teased.

  Abel said with a smile: "This is deliberately keeping a low profile. You must know that this building is not only our headquarters, but also the common headquarters of 20,000 companies around the world."

  Xia Jingxing smiled slightly, and he couldn't help thinking of a famous saying that Ao Guanhai said in his previous life: Agrand House is the largest office building in the world, or the biggest tax scam.

  After the financial tsunami and the European debt crisis, countries around the world have begun to seriously consider how to combat and remediate tax havens.

In the previous life, the OECD has listed a blacklist, which includes the Cayman Islands, the British Virgin Islands, the Bahamas and other offshore areas, and requires companies registered in the offshore islands to spontaneously report income, costs and other information. The land is exchanged to the direct parent company of the shell structure, and finally the parent company and the actual controller will hand over the relevant information to the local tax department.

   It will be difficult for Envision Capital to continue to fish in troubled waters in the future!

  Xia Jingxing took a deep look at the building, and then walked in with everyone.

   After a brief tour, everyone left and went to the next location for team building - diving.

   Thanks to book friends 20170406115512722, small ancient trees, lake stones, my heart is still bright, here it is! , Book friends 20190408164202556 reward!

   (end of this chapter)