Feng Yu's worries had come true. His company had shorted the US stock market the most. After this incident, the stock market plunged, and Feng Yu's company also made a lot of profits.
But Feng Yu is from Hua Xia and not the US. Also, Feng Yu's influence is not small, and that's why Bush's government only sent someone from the securities regulatory department over to understand the situation.
"Mr Feng, we are only doing our job. I hope you can understand." Tony Thomas bowed slightly.
Feng Yu leaned back on the sofa and crossed his legs. "I understand. Of course, I understand. Whatever you want to ask, feel free to ask. Oh, I hope you can bring out those recording devices. "
Feng Yu's office also has surveillance equipment. Although it is not at the level of a special agent, it is still able to detect the presence of ordinary surveillance equipment.
Thomas smiled and took off his watch and handed it to Feng Yu's bodyguard to bring it out. When Thomas entered the office, he had undergone a humiliating body search.
"Mr Feng, we are curious. Why did you short the Nasdaq stock index this time?"
"What do you mean?" Feng Yu asked unhappily.
"Mr Feng, this time, the stock market plunged, and even Mr Buffett suffered heavy losses. But your company made a profit … …"
Feng Yu interrupted the other party: "You are saying that when others are losing money, I must also lose money? Then why do we need financial brokers? Everyone just follows the market. Are you really from the securities department? You are not an imposter? "
Thomas's veins are popping out from his forehead. I am an imposter? When I came in, your bodyguard almost searched my underwear and made so many phone calls to verify my identity. Don't you know who I am?
However, he also knew that his question just now was indeed not very appropriate. Buffett is known as the God of Stocks, but this Mr Feng Yu is also known as a financial investment genius.
During the Asian Financial Crisis, Feng Yu had made the most money. It was also after that incident that he rose to the top of the Forbes Billionaires List, all the way to the second place.
If it was something else, they wouldn't have suspected anything if the young man had made money. However, this matter was too sensitive!
"Mr Feng, I hope you don't mind me saying this. It doesn't matter if you only shorted a little, but you shorted too much."
"Is it a lot? Haven't you noticed that I've done a lot of hedging? Don't you know that I had sold my shares in Microsoft, Asian tiger, and other companies two years ago? My investment company has lots of cash. Are you saying that I should put this money in the bank to earn interest? Do you know anything about finance? Do you know what inflation means? "
Smith wanted to roar. I can't say that I'm a top financial expert, but I'm not worse than the average financial broker. How can I not know such a simple thing?
Alright, since the other party is Feng Yu, I'll endure it if I know that he has to answer the question!
"You want to ask me why I didn't invest the money in something else, right? Do I need to explain to you how I invest? My company is not a listed company, and I don't need to make any public announcements. Don't tell me you don't know about the confidentiality of my investments? "Before Thomas could ask, Feng Yu retorted.
Smith replied with a black face. "I know what Mr Feng is talking about. But this time, your investment is too special. "
Feng Yu lit a cigar and did not let Smith have a taste of it. He puffed out a puff of smoke and said casually. "Are you sure you did not offend the leaders, and they are purposely messing with you? Don't tell me you all did not find out that someone had made more money than me in this matter? "
Smith was stunned. This was something that he had not known about. If there was, then that person should be questioned!
"Mr. Feng, is there really someone who earns more than you?" Thomas asked doubtfully.
"Yes. This person is also very famous. You will surely know who he is. If he had not invested in the wrong direction, he might also be one of the top billionaires on < Forbes > list. "
"Who is it?" Thomas asked anxiously.
"Quantum Fund, Soros!"
It's him?!
Soros was once known as the world's top hedge fund manager and led Quantum Fund to dominate many countries' currency markets. But in the end, he was caught in the Asian Financial Crisis. Feng Yu is the one who had the last laugh.
This means it's impossible for these two to work together. It might not be a life and death feud, but it is not a small grudge.
"Are you sure?"
"Why don't you investigate it and find out?" Feng Yu smiled.
Actually, Feng Yu was also shocked when he found out Soros had also shorted Nasdaq and used leverage to make more money than him.
This Soros is really stubborn. He did not expect Quantum Fund to make a comeback after losing less than 2 billion USD. Many of their best brokers had left, and Soros still managed to make a comeback.
2 billion USD is a huge sum to many people, and they will not be able to finish spending it in their lifetime. But for a hedge fund, it was not a large-scale investment. It was not even in the top ten.
Compared to Quantum Fund's billions of USD at its peak, 2 billion USD is not even worth mentioning.
But Soros had used 2 billion USD to invest in tech stocks. When Feng Yu dumped Microsoft and other companies' shares, Soros had also dumped his shares at the peak.
After that, Feng Yu starts to short the Nasdaq index, and Soros also started to short it. When Nasdaq stopped falling, Soros dumped his shares without hesitation. Wind & Rain Consulting had suffered some losses, but Quantum Fund did not suffer any losses.
If it wasn't for the fact that he was afraid of getting into trouble, Feng Yu would have done the same. Now, with Soros backing him up, Feng Yu can explain himself.
"Also, I am very sad about this incident, and I asked my men to donate some money to those poor people. As for why I shorted Nasdaq, this is just a normal investment. I think you all can find out that I had been shorting Nasdaq since the end of 1999 because I discovered the existence of the dotcom bubble. "
"After that, the impact of the dotcom bubble decreased, but many companies started to fake their accounts, and this incident caused the stock market to fall. During this period, the stock market recovered, and I even lost some money. This time, I had shorted the stock market in October, and this incident happened. What's wrong with that? "
Facing Feng Yu's questioning, Thomas did not know what to say. It seems that Feng Yu has nothing to do with this incident, especially when Feng Yu was still in the US when this incident happened. If Feng Yu is really related to this incident, he should be hiding in Hua Xia.
Hmmm … … I need to investigate Soros now!
… …
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