ferocious for the rest of my life

Chapter 239
Yu Sheng was quite surprised.

It is not difficult to understand what CDS is, but it is not so easy to understand the distance generated by CDS profits and the overall structure of related chains, and it is not easy to understand where the risks exist, and the outbreak of risks will lead to What kind of consequences, in fact, already belong to the professional field that only professionals will be involved in.

Of course, what shocked Yu Sheng even more was Jessica's immediate request...

"Is it okay?"

After being pushed by Jessica, Yu Sheng came back to his senses.

Home plate, want to become a partner?

A partner of the opposite sex, moreover, the kind who is both beautiful and smart. This is definitely an inflammable and explosive dangerous product. If you are not careful, you will be very happy if you are not careful...

"Assume 20 yuan, and if I succeed, I only need 200 million yuan. Isn't such a condition acceptable?"

"Do you think it is very cost-effective to use 20 to win 200 million?" Yu Sheng said seriously. "But if my judgment is wrong, then your 20 yuan will be in vain..."

"It's okay, I trust your vision!"

"Your sea view house in Bodega is worth 30 yuan. If the 20 yuan is in vain, how much money can you spend to make a big fortune?"

Jessica said without thinking. "For the next four years, my annual disposable investment amount will be 30..."

Yu Sheng was stunned. "Wow, so you are so rich?"

"If it wasn't for Drexel's bankruptcy, the family trust share that I can use should be two or three times what it is now, and the conditions for using and withdrawing are not as harsh as they are now..."

Yu Sheng felt that the name De Chong sounded familiar, but he couldn't remember the specifics for a while.

"Do you know junk debt?"

"I know, but not very well."

"Then it's much easier to explain to you," Jessica said, changing her sitting position and curling her legs up. "My grandfather used to be a trader of Drexel, and he was banned from practicing because of his colleagues. Later, Drexel's big boss was sentenced to prison, and Drexel had to close down because of the junk bonds he held that could not be sold and lack of liquidity. It's..."

No wonder Jessica is quite familiar with financial terminology and not unfamiliar with financial derivatives. It turns out that her grandfather used to be a trader in charge of junk bonds in the financial industry. Her grandfather's rank in Drexel would not be very low, otherwise he would not have incurred such severe punishment...

"My grandfather said that when he was young, he was very good at using small things to make big gains. Junk bonds are the most standard investment goals, and the reason why junk bonds are identified as junk bonds is only because the existing bond rating methods are too rigid. A beautiful report does not necessarily mean it is safe, and a junk bond with a low rating does not necessarily mean a high risk. On the contrary, underwriting junk bonds can help small and medium-sized enterprises achieve faster development in financing, and even bring a sense of accomplishment far more than helping those so-called large companies. ..."

"Why didn't you plan to study finance?" Yu Sheng was a little surprised. "Based on your grandfather's contacts, if you want to enter the financial industry, whether it is the difficulty level or the height of future development, it is definitely easier than your star dream."

"Grandpa's contacts are not mine. Besides, knowing it doesn't mean you can truly understand and master it. Besides, my grandfather often said that the financial circle is very dark, the kind of darkness that can't be imagined, especially for girls. If you don’t want to get dirty, don’t get dirty, if you have enough money, you don’t need to worry about your future life, so why don’t you choose to realize your dreams?”

I am happy for the rest of my life. "Since the future is worry-free, why do you want to make a big difference with a small one?"

"Is it wrong to pursue a better and more comfortable life without worrying about food and clothing?" Jessica straightened up unhappily. "What's more, I like the process of making money. I enjoy the whole process from the moment I make a decision to the moment the result comes out. If I succeed, I will be happier, and if I fail, I will not regret in vain... ..."

Isn't this the kind of child who is collectively called someone else's family?
Jessica attaches great importance to the joy brought by the process. Wouldn't it be perfect if she merged with Salina who only pursues results?
"What are you thinking? Do you agree to let me participate..."

Grabbing the hand dangling in front of his eyes, Yu Sheng said seriously. "If I tell you that my real purpose is only to prevent Newman from quitting, and I am not prepared to pay for this contract at all, what are you going to do?"

Jessica froze. "Are you joking?"

"If you were Newman, the long-term capital management company that was popular on Wall Street offered an olive branch, but at this time someone was willing to prove that the company would go bankrupt within 100 months at the price of [-] million, then you would Are you considering quitting?"

Jessica was stunned. "How can you do this?"

"Call Newman, and what do you think Newman will think and do if I say outright that I don't recommend that he leave Bear Stearns for Long-Term Capital Management?"

"If you don't consider the influence of the prophet father and son of Omaha, if I were Newman, I would definitely not take your suggestion..."

"That's right, so if you want to tell Newman not to quit, then you definitely can't talk about it directly. In another way, although I didn't suggest that Newman give up the olive branch thrown by Long-Term Capital Management, the result is that Within a month or two, Newman should no longer think about job-hopping, even though he knew that the delay would cause Long-Term Capital Management to give up recruiting him, but given Newman's age and social experience, In other words, if you have to choose between giving up the opportunity to make a fortune and keeping your current stable job and position, it is obvious that stability is the most important..."

"It's hard to get the opportunity to share risks and success with you, but your goal is not to make a big fortune with a small one. How can you do that?"

"Isn't it not easy to share risks and share my success? There will be many opportunities in the future," Yu Sheng was a little moved, and said as he took the angry Jessica into his arms. "Although you are willing to take the risk of losing your money, I suggest you discuss it with your grandfather for a relatively large investment, even if the money is completely at your disposal, OK?"

"Don't tell my grandpa. He will always talk about a lot of problems and point out a lot of risks. In his opinion, as long as there is anything to do with Wall Street, the risks must be very big..."

"There is a saying in the investment circle that a person can never make a profit beyond the scope of his cognition. Your grandfather is actually right..."

Jessica strongly disagrees.

But after a verbal dispute, he was finally suppressed by Yu Sheng.

I thought I could hit a home run, but at the critical moment, Jessica chose to escape, so that she had to take a cold shower for the rest of her life...

(End of this chapter)