Oprah asked seriously, "Well, we have all received your promise. William, you have to keep your word. Why do you think the stock market will continue to fall?"
She knew that it was inappropriate to say this at a time when most people were in despair, but she had to ask this for the sake of the show's topic. After all, today's theme was to talk to William about the stock market.
William thought about it and shook his head. He had said enough. Today, he was only here to explain that he would not enter the futures market again. There was no need to offend those capitalists to make money.
After thinking it through, he said, "I am not a professional analyst. I can only say it according to my own understanding. First, there is no money in the market. Second, there is no confidence in the market. As long as the stock market rises a little, it will be suppressed by people who want to repay their loans. Therefore, confidence is very important."
Oprah saw that William did not want to be too clear, so she did not say much on this issue. She also did not want to be entangled in this issue too much. "So, William, do you have any advice for everyone? After all, you are one of the few people who made a lot of money in this stock market crash. "
William smiled and said, "I won't give you any advice, because even if I did, no one would believe me. After all, I'm very young. People will always think that I'm lucky to have earned such a large sum of money."
"Hahaha." The people present laughed loudly. In their opinion, William, a rich man, was very funny when he laughed at himself.
"I don't really think that I am smarter than others and criticize others. It will only make people hate me.
I just followed Warren Buffett's advice and quit when others went crazy. So I sold the game and entered the futures market.
Now that I've come to America, I'm listening to his second sentence. I'm entering when others are leaving. So what I want to tell you is that although the market is still in a dark period, his prospects are still very bright. I'm sure … "
"Hua La, Hua La", the audience applauded warmly. Hearing this, everyone had a good impression of William immediately. Although he had just said something that they didn't like to hear, generally speaking, he was modest, prudent, and unostentatious, which was quite good for a person who made a lot of money.
It was too annoying to be arrogant and despotic after earning our money. William's act of giving the credit to God and Buffett had worked. Many middle-aged people in the audience didn't have the same disgusted expression as before.
Oprah waited for the audience to quiet down before she smiled and said, "Thank you, William. You are a good young man, a smart guy. Maybe Mr. Buffett will treat you to a Buffett lunch after watching the show."
"Oh, really?" William was pleasantly surprised. "I do have a lot of questions to ask him. It would be my honor to treat him to a meal."
To hell with honor. William knew that the old man was not interested in technology stocks at all. It was better to talk to the boss of technology stocks than to ask him. In this difficult period, maybe William could directly buy some technology stocks that he was interested in. It didn't need a lot, just 5% would be enough.
He was even willing to give the voting rights of the stock to the founders, as long as the founders agreed to share the shares with him. This would prevent the founders from causing any trouble in the middle.
Oprah and the audience were amused by William's expression. "Of course, William. I have talked to Mr. Buffett before. He is a loyal audience of my show."
"Next question, William. I heard that you made more than two billion dollars in Japan. Is that true?"
The audience exclaimed when they heard this question. Two billion, God, how much money was that? They thought that William was a billionaire, but according to Oprah, William had made far more than one billion in this stock market crash.
"Well, I knew you would ask this question." William thought for a few seconds and said, "I do have two billion dollars, but …"
The audience was in an uproar before William could finish. William even heard some people scolding.
When William received the script for Oprah's show yesterday, he called Philips, the private consultant manager in Switzerland. After confirming that there was no problem with his two billion dollars, he said it on the show.
If he wanted to invest in the future, the money would still be known. Instead of letting people guess, it was better for him to say it himself. Anyway, the money was legal.
Even if there was a dispute, it would be settled by the lawyers. He spent so much money on Yueshi Law Firm every year for nothing. The lawyers had already prepared it when he filed the tax returns for him.
His private lawyer, Anthony, had patted his chest and promised him.
"Quiet, thank you. Please be quiet. Let us finish listening to William, okay?" Oprah had to remind the audience to be quiet.
After the audience was quiet, Oprah said, "Okay, William, you can continue."
William nodded to the audience and said, "Thank you. I know people are curious about where I earned the money, how I earned it, whether I have to pay taxes, and how much I have to pay. But I'm sorry, I have to praise the Swiss National Bank. They are really the best bank in the world.
I didn't earn the money in Japan. The two billion dollars were earned by me and the Swiss National Bank in the British Virgin Islands. To put it simply, the money was earned by the bank. It has nothing to do with anyone else. Thank you. "
Oprah said in surprise, "That is to say, the money was traded directly in the Offshore Islands and didn't go through any other countries, so you don't have to pay any taxes?"
William nodded and said, "That's about it. That's what my lawyer and the bank's private manager told me. It was a legal transaction."
"Well, that surprised me. William, can I ask you how much money you earned in the stock market crash this time?"
This question made him think. After the two billion dollars was leaked in Japan, he knew that others could probably guess how much money he had earned. Now, there was no need to hide it.
He had earned 82 million dollars in the first time he bought futures. The second time he bought futures, he had earned 3.416 billion dollars. The total was less than 3.5 billion dollars, plus the principal of 350 million dollars.
"About 3.5 billion dollars. I won't know the exact amount until I pay taxes," William said with uncertainty.
A middle-aged man suddenly stood up and yelled at William, "You should go to God. You're robbing money. You're robbing ordinary people of their money. You should go to hell, William Devonshire."
"No, I don't think I robbed ordinary shareholders. You have to know, man, that I bet futures with institutions and financial companies. In order to prevent ordinary shareholders from betting with banks, I have a minimum of 100 lots in the VAM agreement with the Swiss National Bank.
I don't think ordinary shareholders can afford to buy 100 lots of stock index futures. Do you know how much 100 lots are? Let me tell you, it's 126.2 million dollars. "
The guy who had just scolded him thought for a while and shouted, "That means your futures contract is more than 11 billion dollars. God, are you crazy? Are the banks crazy, too? How dare they give you 33 times leverage to buy futures down in March? God, this is crazy. No wonder you can earn 3.5 billion dollars. If it were me, I could earn as much. God, you are really his illegitimate son. "
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