Soros supported his head with one hand and looked at the screen in front of him. It was the episode where Professor Liang appeared on [Financial Trends].
Beside Soros sat the last of his four great vajras, Drucken Miller, whom he relied on the most.
"Drucken, what do you think of this news?" Soros's voice was still loud and powerful.
"This is a clear signal that Hong Kong is going to join hands to speculate on crude oil futures, and they are all expecting the price to rise."
"There are many tycoons in Hong Kong, and the Fu Family is one of the most outstanding ones in the financial industry. This Professor Liang is a famous financial expert in Asia and had been a consultant for a large investment institution in Europe. "
"The Fu Family had been promoting this news for the past few days to attract international speculators to join them. They want to form a powerful force to push the price of crude oil."
"The frontline is Wind & Rain Consulting, which is Feng's company!"
Quantum Fund is also good at these tricks, and Drucken Miller had appeared on many financial TV programs.
Soros nodded. That's right. The frontline is Feng Yu. It's been a while since Feng Yu made a move, and Soros did not expect him to make such a big move.
Many people felt Feng Yu had sold those listed subsidiaries' shares to acquire Superman Li and Huang's controlling stake in the ports. However, Soros believed that it was just a cover.
Feng Yu's real motive is to raise funds to enter the futures market.
The stock market is doing well, and if Feng Yu is investing in stock index futures, it will not be a surprise. But Feng Yu did not invest in Feng Yu's crude oil futures.
Could it be that Feng Yu thinks the price of crude oil will rise faster than the stock index? What makes him think so?
"Drucken, investigate how much funds Feng Yu has raised."
Soros knows how much funds the other party has and how much the other party had invested. This will help him analyze the other party's investment strategy and direction.
"Yes, Sir. I will do it now."
After Drucken Miller left, Soros stared at the screen in a daze.
Soros is known as the best financial investor after Warren Buffett and is the world's top hedge fund manager. Many people who are not in the financial industry know about Quantum Fund.
But in the end, Quantum Fund was almost wiped out. If Soros had not changed his strategy in time, he might have lost all his money.
The turning point was the financial crisis that swept Asia in 1997.
At the start, Soros was unstoppable. He had continuously attacked the currencies and stock markets of several countries, destroying their financial systems and profiting greatly from it.
But at that time, he was working with Feng Yu. Both of them worked together to achieve their goals faster. At that time, Soros was at the peak of his career, and his reputation had surpassed Warren Buffett's.
At that time, he was at the peak of his career, and his name had overshadowed Warren Buffett. Why would he take Feng Yu seriously?
Soros felt Feng Yu does not have a lot of funds and cannot of him. He of Soros of him, of Soros, and Feng of Hong of Hong of him.. of Feng of Feng of him.
Soros of Soros had attacked the Russian market. This has nothing to do with Feng Yu, right?
In the end, Feng Yu interfered again, and the Russian government is more aggressive. Soros was forced to give up all his profits and even lost his capital. If Soros had not admitted his failure, he would have lost all his capital and his clients' money. He will not only be bankrupt, but he will also be in serious trouble.
If he didn't admit defeat in time, he would have lost all his Quantum Fund's capital, and he would have lost all his clients' money. If that happens, he would not only be bankrupt, but he would also be in serious trouble.
All of this was because of Feng Yu. Feng Yu had turned him from a superstar to a shooting star, and he had almost died.
Fortunately, during the dotcom bubble, he rose again and brought Quantum Fund back to the ranks of the world's top hedge funds. He reclaimed the glory that belonged to him.
But no matter how successful Quantum Fund is now, Soros is still under Feng Yu's shadow.
In the past, Soros's assets were only one-tenth of Warren Buffett's, but he was able to overshadow Warren Buffett. Now, Soros's assets are also one-tenth of Feng Yu's. Why can't he be on par with Feng Yu? Why can't he overshadow Feng Yu?
If Soros wants to overshadow Feng Yu, he does not need to have more assets than Feng Yu. He only needs the profits from his investments to be higher than Feng Yu.
That way, Quantum Fund will become the world's most famous fund, and Soros will be able to make more profits. It will not be like now. Wind & Rain Consulting is the legend of the industry, and Soros's Quantum Fund is only in the second tier.
This time, Feng Yu is going to invest in crude oil futures. Soros had thought of this. But this time, Soros must make more profits than Feng Yu. He wants everyone to know who is the best financial investor!
How can Soros's profits be higher than Feng Yu's? That meant that he had to buy contracts with a larger spread and use a higher leverage ratio.
Leverage is what Soros is best at. Many managers in his Quantum Fund are also good at leveraging. When Soros hired his managers, he had paid attention to this aspect.
His team had to follow his style. Anyone who disobeyed him would be kicked out!
What Soros needed to do now was to suppress the price of crude oil. Only by lowering the price would he be able to obtain the largest profit margin.
Quantum Fund's funds are not enough. Soros and some of his clients only have less than 20 billion USD in Quantum Fund, and his personal assets are about 6 billion USD.
These funds are not enough to fight against Feng Yu.
If it were someone else, Soros can use his funds to make hundreds of billions of USD through his complex 3D speculation model. But that depends on who his opponent is. If his opponent is Feng Yu, and Soros is familiar with Soros's strategy, it will not work.
At this time, if they wanted to successfully lower the price of crude oil, they would need more funds to ensure success.
Of course, it will be better if Soros can lower crude oil prices and make Feng Yu lose a lot of money. But Soros also knows this is not possible. No matter how high crude oil prices are, it will not fall below 50 USD. That's why it will be hard for Feng Yu to lose his position.
Furthermore, most investors will hedge their bets or set aside enough risk reserves to increase their capital and reduce their leverage.
But if Soros can cause trouble for Feng Yu and lower Feng Yu's profits, it will be good.
Soros picks up the phone on his desk. "Inform the staff to start the meeting in five minutes!"
… …
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.