Start from 1980

Chapter 360

"Boss, here are the documents for our acquisition of Commercial Credit Company." Cao Jiaxin handed over a thick pile of documents.

Su Chen said: "Thank you for your hard work, how did you learn from the Wells Fargo team this time?"

A few days ago, Cao Jiaxin had already called him, saying that the acquisition of the commercial credit company cost 700 million US dollars and became the new owner of the commercial credit company.

"The team at Wells Fargo are really professional."

Cao Jiaxin thought about it seriously, and said: "I have never seen many negotiation skills and methods. They conducted a comprehensive investigation on the market assets, operation management and service quality of commercial credit companies, and pressed the price at 700 million yuan. On the beautiful knife."

"If it was you, if I asked you to buy it during this trip, would you do these investigations?" Su Chen asked again.

The expression on Cao Jiaxin's face froze for a while, and finally shook her head:

"Yes, but it's impossible to be as detailed as they are. They can suppress the price to death, leaving no room for data companies to negotiate. I'm still not as good as Sister Mary. If she is here, she will do better than me... ..."

Su Chen said: "So, you still have a lot to learn. I'm not saying that your ability is not good. In fact, your ability is already very good, but you are different from Mary, because Mary is from a bank and is very sensitive to numbers. .”

"I believe you can do it. Mary recommended you to me and said that your ability is good, at least you can polish it a little bit. So, in the next time, I will not arrange tasks for you. You should first do what I told you earlier. Do it well, and then learn more."

"By the way, I heard Mary said that your boyfriend is also in New York, right?"

Hearing this sentence, Cao Jiaxin's heart skipped a beat, and she instantly remembered what Tang Wanru said to her before leaving, and hurriedly said: "Boss, he is in New York, but I never thought of arranging him to work in the company, please rest assured."

"I'm not worried about you putting him in the company." Su Chen shook his hand: "You can take care of these things. Although I am your boss, but now I am in the United States, the boss is your reliance. If there is any difficulty ,you can look for me."

"For example, if your boyfriend wants to join the company, he can be assigned to some unimportant positions first. If I pass the assessment, I will consider promoting him."

Cao Jiaxin nodded hastily: "Thank you boss."

Although the boss said so, Cao Jiaxin did not dare to arrange her boyfriend into the company casually.

"There is another thing." Su Chen pondered for a while before he said: "If the company has any major investment, such as buying the Dow Jones Index, you must ask me."

Because the Dow Jones index fell by more than -1987% in a single day on Black Monday, October 10, 19, which is jaw-dropping.

He didn't want to put himself in it because of some stupid subordinate.

"Good boss, I will definitely tell them." Cao Jiaxin hurriedly recorded Su Chen's words.

Su Chen went on to say: "Save more money, after a while, I will have a big business, and the traders in the company will practice first."

After admonishing Cao Jiaxin, let her go back to New York.

The big business that Su Chen talked about was shorting the Dow Jones Index.

Because after the opening bell rang that day, the Dow Jones Industrial Average fell 67 points as soon as it was displayed on the screen, and sell orders came pouring in like waves.Less than an hour after opening, the index had fallen 104 points.

Due to the large number of orders, the calculation showed that it was 20 minutes behind the actual transaction. From the opening to 11 o'clock, the Dow plummeted, and at 250 o'clock in the afternoon, it fell by [-] points.

At the close two hours later, the Dow Jones stock index had fallen by 508 points, from 2246.74 points to 1738.74 points, a drop of 22.6%, and a market value loss of 5030 billion U.S. dollars.

On the CME S&P500 index futures market that day, the selling pressure was even more serious.

This kind of plunge is definitely a risk-free arbitrage opportunity for Su Chen.

Because when the S&P500 index fell by 20.5%, the S&P500 index futures fell by 28.6% (belonging to oversold), there is a particularly large gap between the two, so long index futures.

In this gap, quickly shorting the constituent stocks of the S&P 500 index is a risk-free arbitrage opportunity.

If the large funds outside the market respond quickly, enter the market for arbitrage, and then hold the position until the settlement date, they can make huge profits in a short period of time. This is a godsend opportunity.

If you want to acquire more companies, you need more money, and this opportunity to collect money is naturally not to be missed.

Su Chen's plan is that when the U.S. stock market plummets, he will close a large number of short positions in index futures before the market closes, and then hold a large number of bonds.

If the bond price rises half an hour before the market closes, it should be the Federal Reserve taking action, and the market's reaction is reflected in the bond. At this time, it is necessary to decisively increase the bond position.

In addition to US stocks, the Hang Seng Index can also be done.

Now with the help of Wells Fargo Bank, although the commercial credit company has been acquired, Su Chen has no one to use, so he can only ask Xiu Eaton to borrow someone to help take care of it first.

As for whether Sandy Weir can be dug out in the later stage, that is a matter for the future, anyway, he has already figured out Sandy Weir's routine.

At that time, if no one can be dug out, the big deal is to lead by yourself.

……

Time flies, and finally Christmas is ushered in.

For Americans, this day is equivalent to Chinese New Year, and it is a big day.

And this vacation is the winter vacation of American universities, which lasts for one month.

In addition to this vacation, there is also a winter recess, that is, winter rest, which only lasts for more than ten days.

Secondly, at the end of January or February, there is also a spring break, but each school is different, some schools are in March, some schools are in April, about 1 days.

Therefore, Su Chen has no way to return to China for the New Year this year. In fact, many students who study abroad do not go back for the Spring Festival.

Eight months have passed since stepping into the United States.

Many things happened in these eight months. Su Chen also published many papers and took time to register the QR code.

According to Aile and several professors, if Su Chen wants to get the graduation certificate in advance, there is no problem, but it is not known when this thing will be available.

Because these things are not sent out immediately, and it is even more impossible to send them to you casually. There is a high probability that they will have to wait until around May next year.

He planned to take advantage of the vacation time to go to 20th Century Fox and Searchlight Company first, lest these people forget that they are the big boss, or secretly want to fuck themselves.

At the same time, he is also planning to take a walk in Silicon Valley, because he is now planning to buy several software companies. Since he can't do it himself, he will brandish a dollar to buy them.

As a result, before the holiday, Professor Ayler came to him.

"Man, are you coming to my house for Christmas, or are you going to New York?"

Su Chen glanced at him: "Professor, why am I going to your house for the holidays? Actually, I want Miranda and Avril to spend the holidays with me. Although we are not married, we are already a family. During Christmas, we should not Have you been together as a family?"

Professor Ayler opened his mouth, feeling that he wanted to curse.

Su Chen continued: "Professor, it's not that I don't want to go to your house for the holidays, but Avril Lavigne and Miranda are like the palms and backs of my hands. They are all meat. If I go to your house, Miranda will be left out in the cold; and if I go to New York , will neglect Avril Lavigne, the two girls are my darlings..."

Before he finished speaking, Professor Ayler blew his beard and stared: "Get lost!"

Su Chen was very melancholy, and came back to the house with the two girls.

Just about to ask them whether to go to New York or spend the holidays in Boston, Miranda said, "Su, we have a plan..."

(End of this chapter)