My Age of Investment

   Chapter 759 White Prostitution Party

  "Mr. Paulson, please sit down!"

  Xia Jingxing was very tired, but still cheered up, smiled and greeted John Paulson to take a seat on the sofa in his office.

  Sitting on the side of the sofa, Jiang Ping and Liu Hai kept their eyes on Paulson.

  The boss called them to the company early in the morning and explained everything to them.

  This made them very interested in this man who clamored to "make a vacant market and win huge returns for LP".

  This is the first time I have heard that a colleague has the same idea as them, and they would like to hear this person's views on the housing market and subprime mortgage bonds.

  "These two are our hedge fund managers, William and Peter."

  Paulson nodded in greetings to the two of them, and the two of them responded with salutes.

  Next, Paulson began to take out the documents and materials from the briefcase.

   A thick pile of materials was placed on the coffee table, Paulson said lightly: “This is a comprehensive report on subprime bonds that my team and I have spent nearly a year of investigation, visits, and research.”

  Jiang Ping picked up the pile of materials on it, divided half of them to bangs, and the two looked at it intently.

  Paulson looked at the two of them without blinking, feeling a little nervous in his heart.

  The same material, he has shown it to countless LPs, but most of them took it as a joke, and persuaded him to switch to an investigation company.

  These people don’t think the problem of these materials is too serious, or think that although the problem is serious, it is not so serious that the housing market is about to collapse immediately.

  House prices will only rise but not fall, which has almost become the consensus of the American people at this time.

  This is faith, and I will never waver.

  The experts and scholars who sang about the vacant market in the past few years have been pulled out and whip the corpses for several rounds, because they caused countless people to get on the car one step late, and they were burdened with hundreds of thousands of dollars in mortgage loans.

  A moment later, Jiang Ping and Liu Hai put down the materials in their hands. The former said: “Mr. Paulson, this is the report that you and your team have visited to investigate housing brokers, companies, mortgage companies, and loan officers?”

"Yes!"

  Paulson said firmly in his eyes, "The situation in the report is by no means a farce, but a ridiculous thing that is being staged in the 50 states of the United States at this time..."

  Paulson talked about his findings, including how poor the borrower’s qualifications are, how loose credit conditions are, and how the financial institution responsible for housing mortgages does not act.

  This is similar to the discovery of Envision Capital.

It's just that Jiang Ping and Liu Hai also noticed that the Paulson team's report is actually more detailed than the information obtained by their investigation.

   Soon they thought, after all, people have been using it for nearly a year, but they have only used it for a few months, so they can clear up their doubts.

  The two looked at Xia Jingxing and asked the boss for advice.

  Xia Jingxing leaned on the sofa, tilted her legs, and said lightly: "Mr. Paulson, can you tell me how much money have you raised for this new fund?"

  Paulson suddenly became a little speechless, which just asked his pain point.

   "Actually, I only raised 15 million US dollars in funds, and the investors are also from Europe."

  Paulson smiled full of self-deprecating, “Investors in the United States think I am crazy, and many people plan to read my jokes.

  They would rather trust the "AAA" credit rating of that shit, than trust the detailed report that a hedge fund manager and his team have spent nearly a year. "

   "You are very honest, I thought you would avoid this question." Xia Jingxing stood up and looked straight at Paulson.

   "I have always been like this. I never keep or hide anything in front of LP."

  Paulson said with pride: “Because I always believe that smart and truly visionary investors should be on the same channel as fund managers, so that they can understand what I’m doing and trust me.”

  Xia Jingxing nodded, “That’s right, what touched me the most yesterday was your sincerity. When you came up and told me that you want to make a vacant market, I was shocked.

   Regardless of your investigation report, I appreciate your honesty, so I have the opportunity to meet today. "

  Paulson smiled. He was really forced to do nothing yesterday. He didn't think too much. He could only bite the bullet and act as a doctor.

   "Okay, let's stop here today. I am very interested in your materials, but when it comes to such a large sum of money, we need to conduct some rigorous analysis."

  Paulson nodded. He understands Xia Jingxing’s concerns very well. If it is him, he must think twice before investing.

  In short, Xia Jingxing did not dismiss his report or refuse bluntly. It was already a very good result.

  Xia Jingxing looked at the materials on the table, then took a look at Paulson, who was full of joy, with emotion in her heart.

  To be honest, he really felt Paulson was very honest.

  It’s him who will never explain to investors in such detail.

  But then again, Paulson is not like him with a psychological burden.

  He is certain that the subprime mortgage crisis will happen, but Paulson is only speculating.

  Paulson confided this to him, it is not worth making a fuss, after all, he and the other side look at the problem from a different angle.

  "Dalun, I would take the liberty to ask, if your analysis comes to a more satisfactory result, how much money can Vision Capital’s fund of funds invest in "credit opportunities"?"

  The short fund raised by Paulson is called "Credit Opportunity."

  Xia Jingxing looked at Paulson and smiled faintly: "How much do you need?"

   "My fund intends to raise 150 million US dollars."

   When it comes to the number of "150 million", Paulson appears less confident.

  He took a look at Xia Jingxing, who was looking calm, and quickly added: "If you can invest tens of millions of dollars in Darren, it would be the best."

   "I can invest you up to 400 million US dollars!"

  Hearing Xia Jingxing’s sentence, Paulson was overjoyed immediately.

   "If I have 400 million U.S. dollars, I can start investing immediately and don't look for other people to raise funds. Because time is precious, I am afraid that I will miss this opportunity."

  Xia Jingxing waved his hand, "The problem is not big, we will answer you as soon as possible."

  The four people communicated for a while, and amidst the gratitude, Paulson left.

   "Jingxing, where did we get the 400 million dollars?"

  Jiang Ping looked at Xia Jingxing, with doubts in his eyes, "Our 3 billion US dollars are all planned. It's not good to disrupt the plan."

"Yes!"

   Liu Hai frowned and said, "Paulson Fund is not our vest number. They charge 20% of the profit.

  Even if Paulson has vision and can see the problems in the housing market, in practice, he may not be able to do better than us. "

   "I have emphasized many times that all funds cannot be concentrated in our hands. Investing part of it can provide a good cover for our actions.

  At the same time, you can also compare with him to see who creates a higher rate of return. "

  Jiang Ping looked at Xia Jingxing and said, "But, where can we invest $400 million in him?"

   "If you mortgage the building under your feet, don't you have it?"

  Xia Jingxing stomped her feet, and the corners of her mouth slightly twitched.

  He has already planned to buy the building and mortgage it. Based on his relationship with the two major investment banks, he should be able to loan about 400 million US dollars.

  Invest this money to Paulson, and it is not difficult to earn several times a year with the ability of the other party.

   Judging from the current situation, Paulson is very urgent for money. He can't delay any longer, and must get the building transaction as soon as possible.

  As for the 20 million US dollars he added to Ivanka, the Paulson tool man earned it back for him, which is equivalent to being a white prostitute, and it is very fragrant!

  Paulson walked downstairs, looked at the towering number 40 on Wall Street, shook his fist vigorously, and felt excited.

  Although Xia Jingxing did not give him a particularly precise answer, he could clearly feel that the other party had a strong investment intention.

  As long as the fundraising problem that plagued him is solved, the sky will be wide for him.

  Paulson looked back at the building again, took a firm step away, and disappeared into the street.

  (End of this chapter)