Reborn the youngest son of the chaebol family, he started to invest in his sister-in-law

Chapter 24 I want to short US stocks! Snipe Wall Street!

(Sixth more, 3,000 words large word count chapter!) ）

That’s right

Chen Daojun came to the beautiful from far away, there are many things to do, and there are many people to find, but the first thing he wants to find is this god, Lafitte!

Since it has been reborn, so many years in advance, there is no need to support its own forces and teams from scratch.

Just look at the real superstars from all walks of life in the future, just a stud of the brain!

In the film and television, Chen Daojun is looking for an investment giant in a cold country, but where is the ready-made super boss Xiang?

Wang Duoyu knows to find a stock god to eat and feed his waist, and I Chen Daojun is also the son of a chaebol, can’t it?

Lafitte in ’87 was famous on Wall Street, but he was closely limited.

Chen Daojun, who was in his previous life, also played stocks, and he once read an autobiography of Lafitte.

In his autobiography, he mentioned that around ’69, Lafitte had only $80 million in his hands, and by ’87, Lafitte had managed about $300 million in funds.

Already famous on Wall Street! However, it is not yet a giant like Soros!

$300 million is far from the peak for him. You can’t reach a fraction of the peak moment.

What really made him a giant was around 91,92!

It can be compared to this, in the next few years, Lafitte is a giant ship of 10,000 tons, then now 87, he is a luxury yacht!

Boarding was a little late and the ticket price was slightly higher, but fortunately it was still on!

If he came to Lafitte two years later, he would not even be able to meet his assistant!

Today’s capital investment giants operate hundreds of millions of venture capital funds, and also help customers deal with investment careers, manage assets and so on.

。。。。。。

“You….. Want to short U.S. stocks? ”

Lafitte frowned.

He looked at the child in front of him, and behind him were the employees of the Shunyang Group office.

He does not understand.

However, this does not prevent conversation, the kid is very eloquent and logical.

And most importantly, Lafitte as a venture capitalist, he doesn’t matter who his client is or how old he is.

What’s more, the other party shunyang’s.

。。。。。。

“That’s right, I’m going to use these 32 million as collateral, hoping that you can borrow as much as possible in U.S. stocks and then short stocks.”

Chen Daojun said.

Short U.S. stocks!

This is Chen Daojun, with 32 million in his hand, and wants a book of ten thousand profits, the best opportunity!

At that time, he got 30 million in planning, ordinary investment, the effect is at least a few years later, he can’t afford to wait, he wants to get rich overnight in the shortest time!

This!

It’s an opportunity!

Someday, Monday, October ’87,

Called by shareholders, Black Monday!

The market opens on the day,

On the same day, the global stock market plunged as the Dow Jones Industrial Average in New York led the plunge, causing panic in financial markets

The Dow Jones index plunged 508.32 points in one day, a drop of 22.6%!

The highest one-day drop since 1941!

In 6.5 hours, the New York stock index lost $500 billion, which is worth 1/8 of the annual gross domestic product of the United States.

This stock market crash shocked the entire financial world!

And in this stock market crash, all the predators were spared

Only Lafitte sold most of the shares early…

It was also this battle that made Lafitte a god on the basis of fame!

Of course…

The only regret is that Lafitte did not go short at that time

He once wrote this regret in his memoirs, if he had used his assets to short, then his assets and fame would have been close to the financial giant Soros at that time, without waiting until a few years later.

Because,

Before the stock market crash, no one could predict.

Before the Black Monday of the ’87 crash, beautiful financial industry people had not experienced a similar situation, the last time was in 1929, and those who experienced that era were old, and the new generation had no experience. It is even more impossible for someone to go short.

By the stock market crash in ’08, Goldman Sachs shorted real estate subprime loans, and there was already a lot of experience in the big crash at that time. And at that time, they were not completely short, it was as a hedge, but they did not expect to make a big profit later.

Lafitte was able to sell in time, which is already rare, if the short fails, it is a loss!

“This risk, I assess as super risk.”

Lafitte said, “I can take your funds to go short, but if you fail, your principal will need to be repaid all of your principal and you will need to bear several times or even ten times the compensation.” ”

“No problem.”

Chen Daojun insisted and signed a high-interest loan contract.

The so-called short stock, can be simply understood as, borrow stocks, and then immediately sell to liquidate, wait until the stock plummets to the lowest point and then buy, use the purchased stocks to return to the borrowed, the difference in the middle is all you earn.

For a simple example, you borrow a stock worth $10 from a friend, sell it and make $10, and then the stock price plummets to $1, and you pay another dollar to buy the stock and return it to your friend.

So you and your friend are in debt, and you make nine dollars.

Empty gloves white wolf.

A million profits!

Therefore, Chen Daojun asked Lafitte to do it, but he couldn’t do it himself.

As a traverser, he was not from a financial background in his previous life, and he did not understand the rules and unspoken rules of securities trading on Wall Street in 87. There is also no way to borrow large amounts of stock.

And Lafitte has fame and credibility, relying on Chen Daojun’s principal, can make a lot of short sales.

But!

The premise is that you have to be sure that the stock will fall wildly!

But…

Now that it is as beautiful as the sky, and the stock market is booming, how is it possible?

“I will do what you ask. Since you insist on the words. ”

“But you have to bear the consequences. ”

Chen Daojun nodded, in front of this investment giant who is about to develop, he has no advantages, some just know the prediction of Black Monday.

Therefore, Chen Daojun did not talk to him more, the more he said, the more he was wrong, and the more he was exposed.

When Chen Daojun left, Lafitte began to lay it out.

But he still had great doubts in his heart

“Could it be that all the children of the East are so precocious? I heard that they learn multiplication and division at what age, and what strange 99 multiplication tables. ”

“Or, this is his grandfather, the Shunyang Group is making a move, and he is just a clerk.”

“The Eastern Group likes to cultivate its own family power.”

Lafitte shook his head, since the customer has a request, then just do it, anyway, whether he earns or loses, Chen Daojun signed an agreement with him, and he will pump a large commission.

“Wait.”

Lafitte suddenly said to the assistant

“Take all the U.S. stock statements in the past few years and summarize all the resource information in these months, give it to me in an hour.”

An hour later.

Lafitte looked at these data, and the more he looked, the more shocked he became!

(The trip to Wall Street is just for the protagonist to get more money bullets, have more upfront capital, and soon return to the cold country.) ）

(Thank you brothers for your support, the flowers are over 50,000, and the author began to frantically burst the mode!)

At the same time, plus more is also effective today

Yesterday’s evaluation votes did not reach 2000, now it is 3000 evaluation votes, if tonight to 4000 evaluation votes, the author will add ten more! Kneel for evaluation votes! ）

Welcome to the National Day 7-day long holiday and read books and enjoy reading! Charge 100 and get 500 VIP bonds!

immediately preemptive (Event Period: October 1st to October 7th)