Archived Financial Talent

Chapter 550 Mysterious Phone
Bill didn't take Buffett's insults to heart at all.

Although Bill took advantage of the opportunity of Buffett's entry to close out all his positions, he knew that even if he had exited safely, his losses would still be serious.

Bill is not a stubborn person either. After this big loss, he has already understood that he is no match for Lin Feng in the financial market, so he has made up his mind that he will never be an enemy of Lin Feng again, at least not in the financial market. The financial market is an enemy of the other side.

So when Buffett called him this time, no matter how harsh the other party's words were, Bill never thought of joining forces with Buffett to deal with Lin Feng again.

There is only one thought in Bill's mind now, that is, the farther away from Lin Feng, the better.

But when he thought of his losses, Bill felt depressed.

After all, in the copper futures market this time, his losses were very serious, and now he needs to think about where to raise money to make up for these losses.

As soon as Bill was hung up by Buffett, a call from M State Investment Bank came in.

"Mr. Bill, I'm calling to communicate with you. The $30 billion you still owe our investment bank is about to expire in one month. I hope you can make up the funds before this time."

Bill held the mobile phone in his hand, and when he heard the cold man's voice on the other end of the phone, his face instantly turned livid.

Just now Buffett kept scolding him on the phone, but Bill's expression didn't change at all, as if he had already hidden his emotions well after years of training.

It's just that now that he hears the sound of reminders on the other end of the phone, his heart is still troubled. After all, this is the first investment bank company, and there are two investment banks behind.

Bill has received statistical data. In this short period of one month, his loss has reached 150 billion US dollars.

When his funds were handed over to Buffett for management before, he had already lost part of them. Later, he transferred all the funds back, and then found someone to attack Lin Feng again through the relationship of several investment banks. He did not expect to meet again. To a huge loss.

The two losses added together have reached 150 billion US dollars.

When Bill first saw this information, he even surprised himself. After all, he never thought why the loss could be so high.

Later, after an explanation from the people in the investment bank, I realized that when he mobilized funds through the investment bank to enter the copper futures market, he had added a high degree of leverage.

For the investment banking companies that Bill was looking for, due to the global economic downturn in the past two years, the company's profits have been declining rapidly.

This time when Bill came to the door, they were all like a big man who hadn't eaten meat for a long time and suddenly saw a big piece of fat delivered to his door. How could they miss such a good opportunity this time.

So after comprehensively evaluating the assets under Bill's name, they all mobilized hundreds of times of leverage for Bill, so Bill's initial principal of several hundred million dollars was enlarged by several investment banks into tens of billions of dollars.

It would be fine if Bill's operation made money. In this case, Bill's principal of several hundred million dollars can get several times the income.

Unfortunately, Bill lost.

If it is an ordinary person, the big deal is to lose all the principal and be forced to close the position by the investment bank company.

But Bill is no ordinary man.

The stocks held by Bill alone have a market value of more than tens of billions of dollars, so those investment banks are not worried that Bill will not have the money to repay the debts at that time.

So when Bill's losses have exceeded his principal, the risk departments of those investment banking companies did not force liquidation at all. Anyway, in their view, as long as Bill himself does not want to liquidate, they will provide enough funds to the other party.

At the same time, the three trading managers that Bill was looking for did not directly close their positions when they encountered huge losses, but kept investing funds to increase their positions.

As a result, Bill's loss reached a terrifying 150 billion due to the ulterior motives of the two parties.

If Bill hadn't used the opportunity of Buffett's entry to close the position, the three investment banks might still not force Bill's position to be closed.

After all, in Bill's operation this time, although Bill did lose a lot of money, the three of their investment banks also made a lot of money in terms of handling fees, and the investment bank with the least amount also earned over [-] million US dollars in handling fees.

Bill didn't know that after his position was closed, the three investment banks all opened champagne to celebrate at the same time. After all, Bill's contribution to them this time amounted to their company's profit for a month.

After Buffett scolded Bill, he slammed his mobile phone on the ground, and sat on the sofa panting heavily.

He knew that there was no hope of counting on Bill's side.

Now there are only two paths before him.

Either continue to fight with Lin Feng, but this requires financial support.

Either quit the market and stop fighting with Lin Feng, but in this case, he will never have a chance to make back his losses.

Buffett, who has been in the financial market for so many years, knows very well that if he can reverse the trend of copper futures this time, he can not only make up for the huge losses before, but also make a lot of money at the same time. .

If he surrendered at this time, he would have no chance to make up for his losses in futures. Most importantly, when people mentioned his name in the future, they would always say that Buffett was afraid of Lin Feng and gave up halfway.

At Buffett's advanced age, making money is no longer so important to him, and now he values ​​his personal reputation more.

He has been brilliant all his life, and he doesn't want to be made fun of in his later years.

Therefore, Buffett's more inclined choice in his heart is to continue to fight with Lin Feng.

Where do you get the funds?

That's right, Buffett's situation is not as optimistic as it seems to the outside world.

Although Buffett does manage an investment of over [-] billion U.S. dollars, those investments are strictly supervised by the regulatory authorities. Other investment projects are withdrawn and put into the futures market.

Buffett can also borrow money from investment banks, but few investment banks are willing to give him loans.

The reason why some investment banks are willing to lend to Bill is because the shares and property held by Bill belong to Bill. Even if Bill does not have so much cash to repay the debt, those investment banks are not afraid.

But Buffett's situation is a bit special.

Buffett's wealth has also reached the level of the world's top rich, but a large part of his wealth is composed of company shares and cash.

Due to the recent failure of Buffett's many investments in the financial market, the stock price of his investment company has fallen a lot, and the shares of Buffett's company are no longer so sought-after in the market.

As a bigwig in the financial industry, Buffett must know the importance of holding cash, and he did indeed make up a large proportion of cash when building his wealth structure.

However, when buying bottoms at the beginning of the year, Buffett had already taken a large part of his cash to buy bottoms in the stock market.

The most important thing is that he seems to be a bit unlucky, and he succeeded in copying halfway up the mountain.

More than half a year has passed, and the stock prices of several companies that he privately bought bottoms have dropped by more than 50.00%.

Although Buffett still believes in his heart that these companies will have impressive reports after the economic recovery, no one can accurately predict when the global economy will recover.

Therefore, Buffett can only continue to hold the shares in his hands for a long time. After all, his value investment is like this. It doesn't matter.

Although at the beginning of the year, Buffett did not use all his liquidity to buy the bottom of the stock market, but in the early stage of the confrontation with Lin Feng, he used his own liquidity, so the losses were all his own money.

When he mobilized funds to enter the futures market, his own funds were running out, so he used his relationship to find a bank to borrow a sum of funds to enter the futures market.

But it never occurred to Buffett that the fund he had worked so hard to raise was actually trapped again, and it seemed that if he didn't take some action, the loss might continue to rise.

Just as Buffett was sitting on the sofa worrying, a white man walked in with a frightened expression.

"Who let you in?"

When Buffett saw the white man walk in, he was in a bad mood and roared loudly.

After all, at this time, Buffett just wanted to be alone and quietly, and didn't want to see anyone.

The white man also knew that his boss was not in a good mood at this time, but thinking about what the person on the other end of the phone said just now, he still bit the bullet and walked slowly towards Buffett.

Buffett didn't expect that the other party would come over even after he yelled at him so loudly. Could it be that his temper is really so good?
"Are you deaf?" Buffett raised his head and glared at the white man who was already standing in front of him.

The white man was stared at fiercely by Buffett, and he felt only trembling in his heart. He swallowed secretly, and then secretly cheered himself up.

"Boss, someone called you, and the other party said they could help you solve the problem."

Buffett never thought that the other party would say such a sentence, and he didn't know how to reply for a while.

After a long time, Buffett slowly regained his senses.

"Are you crazy, do I answer everyone's calls?"

The white man said submissively: "But the other party said that he can help you solve the financial problem."

(End of this chapter)