"According to our 10x leverage, the funds we bought and sold short Freddie Mac and Fannie Mae futures have now earned more than 6 times the profit."
"And our average profit has reached more than 230%!"
"That is to say, even if we deliver now, our 298.7 billion Chinese Yuan funds have become more than 600 billion Chinese Yuan!"
"Although the delivery days of stock index futures are relatively short, with the current decline in US stocks, I expect that we will have more than 900 billion Chinese Yuan when we finally deliver."
"That is equivalent to 1200 100 million US dollars."
"So, Brother Feng. Even if you have funds in the stock index futures market, your assets have exceeded twice that of the current world's richest man, Mr. Buffett!"
"That is to say, you are already the world's richest man."
"Unexpectedly, Mr. Buffett's prediction has come true in less than a month."
"You have indeed replaced Mr. Buffett and become the world's richest man."
Lin Feng did not tell He Zishi that among the 900 billion Chinese yuan, there are 10 billion US dollars to be returned to Buffett, and about 25 billion US dollars in "dividends".
However, even if these are deducted, Buffett's assets plus 35 billion US dollars, Lin Feng's assets should still be more than Buffett's.
Moreover, because they were originally at the top of the world's richest list. For example, Buffett and Gates are both Americans.
And the sharp drop in the US has reduced their assets.
So Lin Feng's position as the "world's richest man" is confirmed!
Zishi admired Lin Feng's boldness in entering the US stock index futures market.
You know, the risks and returns in the futures market are much greater than those in the stock market.
Strictly speaking, futures are gambling.
But this time, the profits Lin Feng squeezed from the stock index futures market were much higher than gambling.
It can be said that the greater the decline in US stocks, the greater Lin Feng's profit margin.
And this time, the US stock market is a bloodbath!!!
From less than 300 billion Chinese yuan to 900 billion Chinese yuan, this is He Zishi's conservative estimate.
Although it sounds like 3 times is not very impressive.
You know, Lin Feng's god-level operation of rebar at the time made Lin Feng's assets more than 80 times.
But you have to know that Lin Feng's principal at that time was completely different from Lin Feng's previous principal of 300 billion.
To triple the principal of 300 billion Chinese yuan in any market, no one except Lin Feng can do such a thing! !
Thanks to the fact that Lin Feng found stocks with very large trading volumes, and the top-notch trading skills of He Zishi and others, this unprecedented and unprecedented feat was accomplished!
He Zishi knew that even Lin Feng himself might never be able to replicate the same thing again.
After all, after the US stock market crash this time, US stocks have already hit the bottom, and there is basically no room for further decline.
To wait for the next US financial crisis, at least another ten years, twenty years is too little!
Lin Feng said to He Zishi, "Basically, there is no possibility that US stocks will turn around and rise."
"So this time, all of our short-selling stock index futures will be traded naturally after expiration, so that we can ensure that the benefits are maximized."
He Zishi nodded. As a top trader, he still has such common sense.
Lin Feng continued, "I said this before the battle with George."
"If I win, I welcome all five of you to join my company."
"Although I may not have much time to spend on speculative and futures markets."
"But I still plan to set up a hedge fund."
"After all, the reason why we Chinese suffered in this confrontation with George is that there is no hedge fund in our country that can compete with George."
"Now most of the top hedge funds in the United States have suffered heavy losses, and it is also the best time for our hedge funds to grow wildly. It is the best time to seize their market."
"I really need a few top traders."
He Zishi smiled, "I am not worthy of being a top trader in front of you."
"But I am very happy to join your company, and I will tell the four of them."
"I believe that they will choose to follow you, Brother Feng, without hesitation."
Lin Feng nodded, gave some instructions, and hung up the phone.
Next, Lin Feng called Buffett again.
Buffett quickly answered the phone; "Lin! I have to say, I am beginning to regret making the decision to lend you 10 billion US dollars."Lin Feng smiled and said, "Warren, don't be silly! This decision is the best investment you have ever made in your life."
"Do you know how much you can get when all my orders in the US stock index futures market expire and are settled?"
"It is expected that the dividend will exceed 25 billion US dollars. With the principal of 10 billion US dollars, you will get 35 billion US dollars!"
"In three months, the annualized rate of return exceeds 1400%. Apart from investing in me, who else can you get such a return from?"
Buffett calculated his own dividends.
With a 30% to 70% split, he can get 25 billion US dollars.
This means that Lin Feng has earned nearly 80 billion US dollars with his own 10 billion US dollars of stolen gold!
8 times the income, more than 3200% annualized!
Adding Lin Feng's own capital, Buffett also thought of one thing; "Lin, your assets have surpassed mine, right?"
"Not to mention your other assets, just waiting for your stock index futures to expire, you are already the richest man in the world."
Lin Feng smiled and said, "So your prediction is quite accurate!"
"But I am relatively low-key, so I'd rather forget about being the richest man in the world."
"And it would be difficult for outsiders to count my assets."
"So you are still the recognized richest man in the world."
Buffett said with emotion: "In fact, every time I meet you and talk to you, I will be shocked by you."
"I am actually very optimistic about you."
"But today, I must say that I still underestimated you."
"You are the kind of person whose existence is enough to change the world."
"But this time, my country is in your hands."
Lin Feng smiled and said, "There is no way. It was George who started the war first, not me."
"If I do nothing, it will be me and my country who are in purgatory now."
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