Once the market's confidence was shaken, it was difficult to restore it. Many technology companies had no choice but to use all their means to buy back their own company's shares to restore the shareholders' confidence. This move was still very useful. Although the Nasdaq was falling, it had not reached the point of collapse.
However, things were not that simple anymore. The capital that bought the Nasdaq would not let go of this once-in-a-lifetime opportunity. Everything was in a struggle in the dark.
William only needed to quietly stay at the side and watch. For the entire late March and early April, William did not leave the National Bank's VIP room. He could no longer care about Alissanda.
He had been discussing with his subordinates all day long. In the past month, the Nasdaq had fallen by more than 430 points. This allowed him to earn more than one billion US dollars in a month.
Alissanda, who had not seen William for many days, finally could not help but come to the bank to look for William. The loser William also could not help but show off his achievements to his goddess.
After hearing that William had earned one billion US dollars, Alissanda pestered William every day for the next few days. He kept persuading him, hoping that William would quit while he was ahead. He even had a big fight with William and said in a fit of pique that he wanted to go back to Brazil.
William would not quit at this time no matter what. He would not give up everything and go to Brazil with Alissanda at this time. He would only leave if his wife gave birth or his mother was sick. This was because tomorrow was the day the results of the Softbank monopoly case would be announced. This was the moment of the final battle. It was the moment when the wealth of the Devonshire family would skyrocket. It was the best time for the wealth of the Devonshire family to reach the top of England.
After ruthlessly sending Alissanda away, William wholeheartedly paid attention to any movement in the Nasdaq and the United States. Everything was as William hoped. In April, the federal judge announced to the public that according to the collected evidence, Softbank did indeed engage in monopolistic behavior.
The court announced the results of the Softbank monopoly case. This was the real beginning of the collapse of the United States stock market.
The market value of Softbank in this era was too high. With a market value of 600 billion US dollars, if Softbank were to be separated, how much money would they lose? For those who bought Softbank's shares with loans and high leverage, this was a bolt from the blue. Once Softbank was separated, many people would go bankrupt because of Softbank's shares.
As soon as this news came out, the ordinary shareholders who owned Softbank's shares in the market began to panic. A large number of selling orders appeared. The stock market immediately began to fall. The exchange's computers could not handle the orders after they received....
The scene of 1987 happened again on the exchange. A large number of orders waiting to be traded were delayed. The appearance of this scene increased the panic of the shareholders. By the middle of May, the Nasdaq index had fallen from 5048 on March 10 to 3500 on May 14.
On the other hand, William bought three-month stock index futures in March. When the Nasdaq was around 3700 points in May, William had already started to sell the futures in his hands. By the end of the three-month period, he had sold all the futures contracts in his hands. William held the report given to him by Phillips.
His excitement was indescribable. This time, the average selling point of his futures contracts was around 3600 points. During the duration of his contract, the Nasdaq fell by 1400 points. William earned 2.44 million US dollars. This time, he earned a total of 3.416 billion US dollars. Including his own principal of 350 million US dollars and 82 million US dollars as additional margin.
After the contract was settled, he had a total of 3.448 billion US dollars in his hands. Moreover, it was in cash. Two-thirds of the money was earned from Japan. Thinking about it made William happy.
Then, he remembered that he still had to pay taxes. This made William's heart and liver ache. Although he did not know how much he had to pay, he was sure that it would be hundreds of millions. He really could not bear to part with it. Damn, William did not dare to not pay.
If you don't pay such a large sum of money, you'll be wanted all over the world. The tax department will send dozens or even hundreds of people to keep an eye on you 24/7. They'll keep an eye on everything you do, including any companies or individuals that have business dealings with you. If possible, they'll even arrest you directly.
In short, in Europe, America, and parts of Asia, the federal tax bureau was the most powerful, ruthless, and troublesome organization in America. They had their own troops and law enforcement officers. They did not even need to report to the relevant agencies. If there was a disagreement, they would arrest people, seal their assets, and then fine them. They would throw them into jail and file lawsuits with you for a few years.
If William wanted to live in Europe and America, he would not dare to go against them. If he still wanted to invest in those companies that were destined to prosper in the future, he could not do this. It was too easy for the federal tax bureau to ruin his plans. A suspicion of tax evasion could stop William from investing in America.
If he wanted to hold more than 5% of the shares in America, he would have to report to the American government. He would need the approval of some federal committees before he could trade. Then, a suspicion of tax evasion would make it impossible for William to invest in America.
Just like in the book, the founder who only held 1.4% of the shares changed his nationality to Singapore to avoid taxes. Since then, he had been in trouble.
It seemed that he had to discuss with the lawyer and the national bank. He still had to pay taxes, but there were still many ways to pay them and where to pay them. Otherwise, there would not be so many lawyers in Europe and America. Although the lawyer's fees were expensive, these lawyers could help him save money reasonably.
Although there would be some troubles in the future, those were all in the future. William looked at the excited people in the VIP trading room. He walked to a table and clapped his hands.
"Thank you for your efforts and contributions in the past three months. Guys, you really deserve to be happy. I will give you 1% of the profit as an extra bonus. That is to say, in three months, each of the 11 of you will get 7 million dollars of income. Congratulations, guys, you are all millionaires now. Now, cheer and celebrate to your heart's content."
"Hooray, hooray, Mr. Devonshire."
"Oh my god, I'm going to Hollywood. I'm going to the Brazilian open-air baths. Beautiful women on the beach, wait for me."
William, who had just announced the bonus, had to remind them like a bad guy. "Well, guys, don't forget to keep it a secret when you are happy. Don't forget to keep your mouth shut."
"No problem, even if my wife and parents don't say anything, I promise not to let the slightest bit of news leak out." Everyone swore.
"Then, guys, when all my money is back in the National Bank account, it will be time for you to share the money and travel. Get to work, guys." William clapped his hands and ordered.
"No problem, boss, we promise to get the money tomorrow." Phillips patted his chest and promised.
William nodded and picked up the phone to call his private lawyer, Anthony.
"Hello, boss, do you have any orders?" Anthony's voice came from the phone.
William said, "Anthony, my castle is like this. Three months is enough to renovate it, right?"
"Of course, boss, now there are professional construction companies that can't get the job. We found three of the best design companies. Your mother, Mrs. Devonshire, has been in Oxford for the past three months to keep an eye on the castle's construction progress. The main body and the interior of the castle have been renovated. In a few more days, some of the grass outside the castle, woods, and fountains will be completed. Congratulations, Mr. Devonshire, now the whole of England knows that you have bought back the Devonshire family castle."
"Thank you, Anthony. I have a case that involves hundreds of millions of dollars in tax. Are you interested in taking it?" William asked.
"Hundreds of millions of dollars in tax? Boss, you have made so much money in the stock market. God, boss, you must be God's illegitimate son. Of course, we are interested. Boss, do you want us to go to Switzerland or England? We are ready to wait for you. "Anthony said excitedly.
"Wait for me in England. I will go directly to Oxford in two days. I will wait for you in the castle." William said.
"Understood, boss."
William hung up the phone and said to Phillips, "Call the restaurant to deliver food. When the money is in tomorrow, everyone can take the money and enjoy life. Hold on for another day and your ban will be lifted."
Phillips smiled and said to William, "It's okay, boss. Everyone understands the importance of confidentiality. Besides, this operation was successful because of your decision. In three months, we can make seven million dollars just by buying and selling according to your requirements. No one will have any complaints. They can understand your approach."
"It's good that you can understand. Haha, I don't know if there will be such a good opportunity in the future," William said.
He did not know if the stock market would be the same as in his previous life. There was a lot of luck involved in the success this time. The inertia of history was still very strong. This time, because of his participation, the Nasdaq fell by more than 100 points compared to his previous life.
Although William felt that the general direction would not change in the future, it was impossible to operate to a few points as accurately as this time. History had changed.
The risk of operating futures at a large ratio was very high. A few tens of points could lead to a bust. If there were no buyers, it was normal to lose all the capital.
The opportunity to become rich overnight was gone. However, there were still many opportunities in the stock market. The US stock market would rise and fall for more than a year, falling all the way to 1,400 points. At that time, he could buy some companies' shares with bright prospects at a low price and wait for the US stock market to appreciate. William's assets would increase by several times. Although it would take a long time, he would not have to worry about it like this time. William believed that he would definitely be the richest man in England in ten years' time. He might even be the richest man in the world. Just thinking about it made William feel wonderful. A beautiful life was waiting for him.
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