Lin Feng had no need to lie to Buffett.
Besides, it was already this time, even if Buffett told George about his plan, George would have no way to deal with it.
So Lin Feng said honestly: "Yes, Mr. Buffett, I did it."
"However, I also abided by your agreement and did not confront George directly."
"Besides, I can make a lot of money with this deal!!"
Buffett exclaimed: "Of course I know you can make a lot of money!!"
"10 times the stock index futures, based on the stocks you are shorting now, your rate of return is more than 200%."
"But, what I didn't expect is that you actually shorted the US stocks."
Lin Feng said apologetically: "I'm sorry, Mr. Buffett."
"You know, there is already a war between George and me now."
"If I don't resist, not only me, but also my country will fall into an abyss of no return."
"George is the one who provoked the war, and I have to resist."
Buffett said: "Lin, I actually understand you very well."
"Just do what you want to do."
"But I have a feeling. George has really brought a terrible disaster to the United States this time."
"I don't know if China can survive this crisis, but if you do this, the US economy may collapse."
Lin Feng said, "Sorry."
"But Mr. Buffett, I reminded you a few days ago to appropriately reduce your holdings of stocks and try to keep as much money as possible. Did you follow my advice?"
Buffett sighed, "Although I didn't know why you asked me to do this at the time."
"But I also withdrew half of Berkshire Hathaway's investment in the stock market."
"Thanks to your reminder, I can lose a lot less money."
Lin Feng calculated that Buffett lent him 10 billion US dollars, which is almost one-fifth of Buffett's personal assets.
And the money he earned from Buffett's part of the funds, even if he gave Buffett a 30% commission, is a considerable amount.
Therefore, even if Buffett suffered heavy losses in the US stock market, the proposal he gave to Buffett should be able to ensure that Buffett's assets would not shrink.
Now, Buffett only has half of his funds in the stock market, so Buffett's losses can be smaller.
For George and his allied hedge funds, for greedy investment banks such as Morgan Stanley, Goldman Sachs, and Lehman Brothers, Lin Feng naturally wants to put them in an irretrievable situation.
However, for Buffett, a gentle old man, a philanthropist in the world, and a good friend who generously lent him 10 billion US dollars when he needed it most, Lin Feng couldn't bear to cheat him!
Although Lin Feng is Chinese and Buffett is American, the two have different positions.
But Lin Feng really regards Buffett as a friend.
Lin Feng smiled and suggested: "Mr. Buffett, I will give you another suggestion now."
"You'd better sell the other half of your stocks. I think it's better for you to be short."
Buffett hung up the phone.
He was still thinking about what Lin Feng said.
Lin Feng would not shoot without a purpose.
Empty warehouse? That is to say, Lin Feng is confident that not only real estate-related and bank-related stocks will plummet!
Even other industries, even blue-chip stocks with good performance will plummet!
And there is only one possibility for this to happen - financial crisis!
"Could it be... George caused the financial crisis in Asian countries."
"We in the United States will also suffer the consequences?"
"Is the financial crisis in our country coming too?"
Buffett frowned, thinking, analyzing, and muttering to himself.
While Lin Feng and Buffett were on the phone.
Wall Street.
George's good partner Rogers' scream made George's heart suddenly lifted! !
"George! Come and take a look at the Dow Jones Index!"
"There seems to be a problem!!!"
George quickly came to Rogers' side.
Rogers and George explained: "The Dow Jones Index fell by 3 in ten minutes!!!"
"Not just that!"
"And I just asked the analysts to count the data. What caused the index to plummet was the sharp drop in the stocks of several construction companies, building materials companies, and investment banks!"
"And the stock prices of Freddie Mac and Fannie Mae have collapsed!!!"
"Freddie Mac plummeted!!! Fannie Mae plummeted!!"
"And we also found huge funds, signs of shorting these stocks in the stock index futures market!!!"
"Although stocks in other industries, such as Microsoft and Coca-Cola,Blue chip stocks like General Electric are still rising. ”
“But because of the huge declines in the bank and construction stocks I mentioned earlier, the entire Dow Jones and S&P indexes have been pulled down!! "
George frowned immediately.
In the past few days, George has indeed noticed signs of plummeting housing prices.
So, it is understandable that the stocks of construction companies and real estate companies have plummeted.
But Freddie Mac and Fannie Mae are not traditional real estate companies?
And the four major investment banks in the United States, why did the stocks of Morgan Stanley and Goldman Sachs plummet so much??
This is undoubtedly very unfavorable for George and will seriously interfere with his business.
After all, investment banks are the bosses of the financial industry, and the four major investment banks in the United States dominate the financial industry.
Hedge funds are most of the time closely related to investment banks.
When the stock of an investment bank plummets.
It is said that it has no impact on hedge funds and George, that is completely impossible!!!
Soon, Druckenmiller found out the reason for the plunge in US stocks.
Druckermiller said: "George, an hour ago, several edited videos appeared on major social media! ! ”
“Some people who have no repayment ability or even no loan qualifications, use fake identities and properties that don’t even belong to them to obtain A-level ratings from Fannie Mae and Freddie Mac!”
“Moreover, these people finally got loans smoothly.”
“Damn, these two damn companies, Fannie Mae and Freddie Mac!! Don’t they just have a little government background? Are their risk controls eating shit? ?”
“Once this information is exposed, these two companies are finished!!!”
“They have completely lost the public’s trust!!!”
“There are even many people who have begun to call them the culprits of the housing price crash!!!”
George still frowned: “In this way, the decline of Freddie Mac and Fannie Mae can be explained.”
“But what does this have to do with investment banks?”
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