Archived Financial Talent

Chapter 554 Lin Feng Earned 700 Million Dollars

Zou Ming quickly found the previous copper production companies, and after negotiating new conditions, he and Alice non-stop mobilized funds and began to enter the futures market.

As Zou Ming entered the futures market with a large amount of funds to do long copper futures, the price of copper futures quickly returned to one thousand dollars.

Then the price of copper futures began to oscillate at the price of one thousand dollars.

After seeing that the rise of copper futures has stopped, many investors in the market thought that the short-term rebound of copper futures had ended, and then they would continue to fall as before, so the funds entering the market to short copper futures began to increase again .

However, what people never expected was that copper futures actually started to increase in volume after a short period of volatility at the price of [-] US dollars.

Although many retail investors in the market are still entering the market to short copper futures, the price of copper futures is still rising sharply.

When the price of copper futures rose to 1000 or [-] U.S. dollars, several companies that produced raw copper began to announce that the company was in difficulty and would probably go bankrupt in the future.

At this time, a news suddenly began to spread on the stock market, and the world's largest copper-producing companies are likely to change hands.

Many people didn't believe it at first, but they found that the stocks of those companies listed in country M were being bought in large quantities.

At this time, many people have to think about the accuracy of the news.

But before the investors could come up with a clue, several companies announced at the same time that the company had encountered a hostile takeover. In order to cope with this situation, the company began to announce the suspension of production and protest until the matter was resolved.

As soon as the news came out, several large companies that consume raw copper in the world suddenly announced that they would expand production, and the purchase of copper ore will increase dozens of times in the next few years.

As soon as the news came out, the price of international copper spot prices soared several times, and the price of copper futures also rose from 5 to 1000 US dollars in an instant within [-] minutes.

The exchange then announced a suspension of trading in copper futures.

This wave of copper futures rose sharply, directly blowing up all the short positions of [-]% of the copper futures in the market.

Even Buffett's position directly lost 100 billion U.S. dollars, and the position was about to be liquidated at any time. Fortunately, the trading of copper futures has been suspended. Otherwise, Buffett would have been directly liquidated without even having time to react.

Now copper futures will be suspended for half an hour, and this time gives Buffett time to react.

In Buffett's office, Buffett sat on a chair with a pale face, staring straight ahead blankly.

Although copper futures have been suspended by the exchange, what can Buffett do?
If Buffett does not mobilize funds to increase the margin when copper futures trading resumes, his position will still be liquidated.

If he raises enough funds to increase the margin within half an hour, but the copper futures still rise sharply, his position will still be liquidated.

Buffett knew that his best option was to close his position and leave immediately.

But if he closes his position and leaves now, he will really lose tens of billions of dollars.

"Boss, there are still 10 minutes to start trading, what should we do?"

A white man stood beside Buffett with a worried expression on his face.

Although the white man asked Buffett what to do, he already knew in his heart that the best way for Buffett now is to close his position and leave the market.

But even if they close their positions, it is very likely that the price of copper futures will continue to rise sharply, and their positions will still face the risk of liquidation.

But if they don't close their positions and leave, and continue to hold on after the copper futures trading resumes, then once the price of copper futures rises by tens of dollars, their positions will still be liquidated.

So now Buffett is facing a dilemma.

Unless the price of copper futures falls rapidly after the copper futures start trading, their current predicament can be resolved.

But the possibility of this happening is almost zero.

Buffett didn't seem to hear the white man's words, his eyes didn't look bright at all, the corners of his mouth were crooked, and saliva flowed from the crooked corners of his mouth from time to time.

"Boss, boss~, come quickly, call an ambulance quickly."

The white man didn't pay much attention to it at first, but it took a while before he noticed Buffett's abnormality. At this time, he realized that Buffett seemed to be too excited, which caused his blood pressure to rise and cerebral thrombosis (stroke).

So when Buffett was sent to the hospital, half an hour had already arrived.

Since there was no decision from Buffett, his subordinates did not dare to make decisions without authorization, so when the copper futures trading resumed, Buffett's position was successfully liquidated.

As all the copper futures held by Buffett were forcibly sold, the final settlement statement came out.

Buffett's losses on copper futures this time reached a terrifying $300 billion.

The reason why the loss was so large was that when Buffett's position was liquidated, the price of copper futures rose sharply, and soon broke through to $[-], heading towards the $[-] mark.

Since all the previous short positions were blown up, the short positions in copper futures did not reorganize their offensive in time. By the time Buffett woke up, the price of copper futures had reached $[-].

In just three days, copper futures skyrocketed from $[-] to $[-], setting various records.

When Buffett woke up and heard about his loss, he tilted his head and fainted again.

At this time, Zou Ming and Alice were celebrating their victory with champagne.

When the price of copper futures exceeded [-] US dollars, Lin Feng asked them to start closing their positions.

When the price of copper futures reached [-] US dollars, Zou Ming had already closed all his long positions in copper futures.

When Zou Ming saw the delivery note, his eyes widened, and he couldn't believe that they actually made so much money this time.

Alice was also full of disbelief when she saw the transaction slip in Zou Ming's hand.

Although they had already guessed that this operation made a lot of money, they were still taken aback when they actually saw the amount.

A full $700 billion.

Last year, Bill, the richest man in the world, had a wealth of just over US$500 billion.

In other words, in the battle of copper futures alone, Lin Feng earned a goal of being the richest man.

As the shock subsided slowly, Zou Ming and Alice hugged each other excitedly.

They know that although this transaction is mainly under the command of Lin Feng, as the person in charge of this operation, they will get a lot of bonuses at that time, and they may be able to live an early retirement life by then .

Zou Ming and Alice quickly told Lin Feng the news.

When Lin Feng first heard the news, he was also taken aback.

To be honest, although he guessed in his heart that he would make a lot of money this time, he was still taken aback when he heard that the profit reached 700 billion US dollars.

However, Lin Feng also quickly understood that the reason why he made so much profit was due to the fact that he mobilized 300 billion US dollars to increase his position at the end. Reached such a terrifying figure.

After figuring this out, Lin Feng had an ecstatic expression on his face.

In other words, his current cash holdings alone have exceeded $1000 billion.

Lin Feng knew that the last time Bill, the world's richest man, had total assets of more than 500 billion US dollars, and this figure still included the value of the stocks held by the other party.

This time, the profits in the copper futures market brought Lin Feng a profit of 700 billion U.S. dollars, plus the 400 billion U.S. dollars he invested in the principal, which means that his cash in country M has reached a terrifying 100 billion U.S. dollars. .

But then Lin Feng felt annoyed for a while, how can the more than 1000 billion funds be withdrawn from country M.

After all, if such a large amount of funds is to leave country M, it will definitely encounter official obstacles.

Thinking of this, Lin Feng has already made up his mind. If there is really no other way then, the only thing he can do is to play the president's hole card.

"I've worked hard for you this time. After this incident is over, I will not lose your share of your bonus."

When Zou Ming and Alice heard Lin Feng's words, they both had excited and joyful smiles on their faces.

Although they also knew in their hearts that it was impossible for Lin Feng to give them hundreds of millions of dollars, tens of millions of dollars should not be less.

After all, Lin Feng was very generous in their minds.

Zou Ming heard a story in country M, saying that there was a geek on Wall Street who successfully predicted the subprime mortgage crisis in country M, and then made a big short sale.

After five months of hard work, the team of the geek bosses made a profit of as high as 20 billion US dollars, but following the geek bosses to watch the market every day, the traders who operated every day were only allocated [-] dollars.

When Zou Ming heard this, he suddenly felt very happy, because his boss was not such a stingy person.

Although Zou Ming also knew that during the entire trading process, some traders' job was to follow their instructions every day, it seemed that they only paid some physical strength, and there was not much other effort.

But Zou Ming knows that a big project requires the concerted efforts of the whole team, and if any link is missing, the plan will not be able to be executed perfectly.

So Zou Ming has helped Lin Feng do so many projects over the years, every time after Lin Feng gave him a bonus, he would deliberately take out another sum of money to distribute to the people below.

Although Lin Feng also gave bonuses to the people below, Zou Mingfa's bonus has a different meaning.

The news of Buffett's hospitalization soon spread to Europe, and Zhao Jun also got the news.

When Zhao Jun heard the news, blue veins protruded from his forehead, and he smashed the wine glass in his hand on the ground so hard that glass shards fell everywhere.

Zhao Jun never thought that Buffett would be so useless.

He had already drawn 50 billion euros in financial assistance to the other party, but in the end, Lin Feng directly broke his position.

Not only did they not do anything to Lin Feng, but they also lost a lot of money.

As soon as Zhao Jun thought of this, he felt his lungs throbbing with anger.

At this time, a piercing phone ring suddenly rang.

When Zhao Jun saw the name displayed on the screen, a helpless expression appeared on his face.

"Mr. Smith, why call me when you have time."

Zhao Jun reluctantly picked up the phone, and pressed the answer button, with a flattering smile on his face and a flattering tone in his tone.

"Mr. Zhao, I don't know if you have received the news that Warren Buffett's position in copper futures has been liquidated. I heard that his loss this time is as high as tens of billions of dollars."

"No, there is such a thing, I don't know."

Zhao Jun replied pretending to be surprised.

At this time, Mr. Smith, who was on the phone with Zhao Jun, was the funder that Zhao Jun helped Buffett find. He was the behind-the-scenes boss of the largest private equity fund in Europe.

Buffett's 50 billion euros came from Smith's side.

The reason why Zhao Jun knew Smith was also thanks to the fact that he had cooperated with Smith several times when the Zhao family was at its peak.

And Smith is also looking at the face of the previous cooperation with the Zhao family, and the interest offered by Buffett is also very high, so Smith is willing to lend so much money to Buffett.

But it never occurred to Smith that Buffett's position actually exploded.

Although Buffett's assets are close to more than 500 billion US dollars, the loss this time is only more than 300 billion. There is no problem at all in repaying according to Buffett's net worth.

But Smith was still worried, especially after hearing the news that Buffett was still hospitalized, he was even more anxious.

After all, the 50 billion euros are not his own, but those of the big money behind him. If the 50 billion euros cannot be recovered by then, then he will also be implicated.

"Mr. Zhao, let me tell you directly, if Buffett has no way to repay the 50 billion euros, then you will help him repay it."

"Otherwise, you should know the consequences."

When Zhao Jun heard what Smith said, he immediately became anxious.

"Mr. Smith, listen to me, Buffett asked you to borrow this fund, what are you doing?"

"Mr. Zhao, I don't care about these things. You were the one who guaranteed him back then. You'd better pray that the other party doesn't cheat."

"And don't leave Europe in the near future, otherwise, you should know my methods."

After Smith finished speaking, he hung up the phone directly.

"Hi~Mr. Smith~Mr. Smith~~"

Zhao Jun yelled loudly into the phone, but there was no response from the other side.

"damn it."

Zhao Jun directly slammed the phone on the ground.

"Lin Feng, I, Zhao Jun, are at odds with you."

When he said this, Zhao Jun showed a ferocious expression on his face.

"Since this is the case, then don't blame me and you for breaking the net."

"You all forced me."

"Damn Lin Feng, damn Smith."

(End of this chapter)