Soros's misfortune?
Feng Yu and Fu Guangzheng smiled at each other after hearing what Fu Guangwei said. Soros had suffered a lot this time.
Feng Yu is one of the reasons why Soros lost in Russia. But in the original timeline, Soros had also lost a lot of money because of Russia's policies. Feng Yu had used this policy at the right time and did not give Soros any time to react.
But Soros still has a sum of money, and he has a chance to recover his losses.
But Feng Yu asked Soros's agent to encourage everyone to get their salaries in advance and expose Quantum Fund's financial crisis. The people who had wanted to invest in Quantum Fund stopped.
Soros's agent, who was planted on Feng Yu's side, was successfully instigated by Feng Yu. His agent continued to badmouth Quantum Fund, causing Quantum Fund's reputation to drop further.
At the same time, Feng Yu and his men are spreading rumors that Quantum Fund had lost their investors' money and that Soros is getting old. This will not allow Soros to maximize his profits.
Many people in Quantum Fund quit after receiving their salaries, and many investors want to withdraw their investments. They want Soros to return their money. They had forgotten that Soros had made a lot of money for them in the past.
Making money is normal, but losing money is unacceptable!
Soros, who was badly battered, tried his best to stabilize the situation. However, with fewer agents, his investments were severely limited.
Moreover, his capital had decreased because of this, and the profits he could obtain were naturally greatly affected.
Soros had invested more than 50 billion USD in Russia, and his capital is more than 40 billion USD, including the investors' money and his Quantum Fund's profits this year.
Soros had lost more than 80% of his previous profits, and his investors had also lost a lot of their capital.
Luckily, Soros still has ways to turn the situation around. By shorting the European and US stock markets, he had made a sum of money.
Although compared to the scale of his previous funds, it was still a lot less, at least he still earned back the capital of the investors.
But it is not enough. Soros had signed a contract with his investors, and the minimum returns are 10%. More than 20 billion USD, and Soros had to spend more than 2 billion USD on the returns alone. Also, those investors were not satisfied. Didn't we earn more than 30% of our profits before? If you hadn't blindly invested, we wouldn't have earned so much!
Also, in order to maintain the morale of the team, he had promised the agents bonuses and so on. The bonuses for the four King Kong Warriors were not a small sum.
There was also the interest from his loans and the losses from the sale of some of his properties. Soros had suffered a huge loss this year.
Last year, Soros' net worth was more than six billion USD, and most of it was in cash. But now? Soros's assets were less than 3 billion USD!
Last year, he had swept across Southeast Asia and only suffered a small loss in Hong Kong. Even in South Korea, he had made a lot of money.
But this year, not only did he not make any money, but he also lost half of his capital, not to mention the huge profits from last year. But at least the Quantum Fund's reputation is preserved. What Quantum Fund promised will never change.
But Quantum Fund had also fallen from grace. Soros had made such a huge mistake in his investments. Who would dare to trust him in the future? Although your investment was brilliant, who knows if you will make such a mistake in the future?
Fu Guangwei continued to talk about Quantum Fund's troubles, trust crisis, falling from grace, etc., and three of Soros's four King Kong Warriors had left.
They did not set up their own foundations or investment companies. Instead, they became the private investment consultants for some tycoons. Those tycoons were once Quantum Fund's biggest clients, and they were the ones who attended to them.
Other than Drucken Miller, who was still in Quantum Fund, Soros's four King Kong Warriors had disbanded. After losing three of the four King Kong Warriors, Quantum Fund will not be able to regain its former glory.
Soros is getting old, and he is not as energetic as before. The failure of his investment in Russia is the proof!
Drucken Miller cannot manage Quantum Fund alone. The industry felt Quantum Fund is no longer the best hedge fund, and Soros is no longer the best hedge fund manager.
"Brother Feng, do you know someone is trying to poach He Zhaoji?" Fu Guangwei asked.
"I know. He had told me about it. But I believe he will not leave. Firstly, I can give what others can give me. Secondly, he is indebted to me. This is very important. Lastly, he is a nostalgic person and likes to work with his colleagues. He also likes Hong Kong. He will not be able to adapt to a different environment. "
Wind and Rain Consulting Firm had made high profits during the Asian Financial Crisis. < Forbes > magazine had reported about this, and more people noticed them.
Many people even say Wind & Rain Consulting is the best investment firm. Since the day the firm was set up, it had never let its clients suffer losses. Other than the high commission and high investment threshold, there are no other flaws.
As the manager of Wind & Rain Consulting, many people felt Wind & Rain Consulting is the reason why Wind & Rain Consulting can make profits. As for those who say Feng Yu is the mastermind behind Wind & Rain Consulting, they scoff at it!
How old is Feng Yu? How old is He Zhaoji? Even if Feng Yu had studied finance, He Zhaoji's working hours were not as long as He Zhaoji!
He Zhaoji knew Feng Yu was the one who made all the important decisions for Wind & Rain Consulting, and He Zhaoji was only assisting and executing. Although those companies were offering him high salaries and shares to poach him, he knows it's better for him to stay at Wind & Rain Consulting. Feng Yu had also given him shares.
Also, he does not want to leave Hong Kong. This is his home.
"Brother Guangzheng, do you think Soros will be able to take such a huge blow at such an old age?"
Fu Guangzheng rolled his eyes. "Do you think an investor will have a bad attitude? He was almost bankrupt, and I had not heard of him having any health problems. Now, he had only lost a few billion RMB, and it's nothing. "
"That means he might continue to work in the financial industry in the future? Will he attack Hong Kong again? Or will he attack China in the future? "
Fu Guangzheng did not answer and looked at Feng Yu. Feng Yu replied confidently. "He will not dare to attack us again!"
If it's the Soros from Feng Yu's previous life, then the answer is yes. But in this life, Feng Yu felt he will not dare to come to Hua Xia's territory again!
It was impossible for Soros to raise such a large sum of money, and it was also impossible for him to raise so many people. He does not have much money left, and he can only invest slowly to ensure profits. But it's impossible for him to attack a country's financial system again!
Now, Soros and Quantum Fund are no longer a threat to Feng Yu!
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.
