Rebirth 79: I opened a bank in the United States

Chapter 27 Bright Muscles
"Mr. Carter looks very young. If Jelica hadn't told me that you have assets of six million dollars, it would be hard for me to believe that there is a millionaire sitting in front of me now."

Julian Robertson praised Carter when he came up, and Carter had heard enough of this compliment today.

"Okay, I've heard a lot of these compliments. I hope you can realize that if I have these assets, I'm destined to be not a simple young man. Don't fool me like a fool! Let's talk about business, if I The company opens an account and even entrusts funds, how do you, or you, plan to manage my assets?"

"Of course not, Mr. Carter can rest assured. We are an honest securities company, and I am even more an honest person."

Julian was directly immune to Carter's words as if he had taken gunpowder, and casually revealed the topic.Of course, Carter also laughed off his professed integrity.

Before in-depth contact, whoever believes these words is stupid.
"It stands to reason that if you open an account, in addition to the stock account, you will also have a capital account. The money that Mr. Carter intends to use for investment will definitely come here. Under no circumstances, we will never move your capital account at will. cash in it, unless authorized by you."

When opening a securities account, there are always two accounts, one securities account and one fund account, which are the same everywhere.Entrust a securities company to buy stocks. After the delivery and transfer, the stocks will be stored in the securities account. Then the securities company will transfer the money you bought the stocks from the capital account to the other party's account. A complete securities trading process.

Even if Carter is not particularly familiar with the financial market, he still understands the trading rules.Then nodded, and then waited for Julian's next words.

"As your stockbroker, I will only recommend to you the stocks that I personally think are the most suitable for you based on your investment ideas and my understanding. In the end, you will always make the decision."

After hearing this, Carter nodded.This Julian has initially passed Carter's psychological test.Although the principle is that brokers can never interfere with employers' decisions, how many can they really do?Especially when dealing with a group of lay employers.Stealing is also synonymous with stockbrokers in this era.For example, the little plum in "The Wolf of Wall Street"
Regardless of whether Julian is the latter or not, at least the attitude he expresses now meets Carter's requirements for stockbrokers.If you don’t understand, you can ask you, and you can also take the initiative to provide suggestions, but in the end, it must be yourself who decides whether to buy or sell!
"Your statement is a bit too absolute, Mr. Robertson. Sometimes my investment philosophy may not be correct, and your persistence may not be bad. Active communication and exchanges are the most important in cooperation, but you just don't do it for yourself. In this At one point, as long as you can do it, I think I'd be happy to work with you."

After thinking for a while, Carter said.

He knows that he is a financial layman and wants to make trouble, so it is very important to listen to the opinions of professionals.After all, all he knows is the future of a few well-known companies. Those companies that are currently on the market. Sorry, Carter has never heard of them, let alone know their detailed information.Knowing nothing, how can they predict their future?
Carter's idea is to use his own knowledge of the future development of various industries to cooperate with the professional stockbrokers' understanding of the market and specific companies in this year to carry out some short-term operations and earn some money.

If the future cooperation is happy, there will be a basis for mutual trust.You can entrust the other party to help you pay attention to the conditions of the companies that you must invest in.Avoid the source of your future wealth and slip away quietly from under your nose.

This is why Carter screened securities companies and stockbrokers so carefully.After all, the time he was able to stay in New York in the past two years was a minority, and once he left New York, he might not be able to receive a lot of information. He must have a trusted partner in New York to help him keep an eye on market trends.

"You are very right. Positive communication is the most important thing. Now is it convenient to ask Mr. Carter's investment philosophy? Or, what is the basis for you to choose an investment target? What is your purpose? Do you hold stocks with stable returns for a long time, or futures with high short-term risks and high returns?”

Julian's eyes lit up, and while agreeing with Carter's communication, he was also faintly excited.This big client seems to be about to be won!

"Is it my investment philosophy? Maybe it's value. When I choose an investment target, I prefer to choose an industry before choosing a target. There are too many uncertainties in the future development of a company, and it rises to the industry. , the uncertain factors are much less. Pick out an industry that, in my opinion, will have a bright future, and then go deep into this industry category to find a company with a good management system, no bad records, and relatively reliable products. In this way The risk of a small company should be lower, and the chances of surviving to the glory of the industry should be greater."

After thinking for a while, Carter gave his own answer.He didn't know if this was an investment philosophy. After thinking of the popular "value investment" concept in the future, he adapted it according to his own ideas, and then said it.Then asked rhetorically:

"So what about you, Mr. Robertson? Judging by your age, you should have been in the financial industry for a long time. After all these years, what is the basis for you to choose your target? And what company stocks do you currently have in your hand? Or Say, choose to cooperate with your company, how much room do I have in the market?"

In stock operations, there is not only a way to make money by buying at low prices and selling at high prices.Especially in a bear market where the market is not good, short selling or short selling is a more common stock operation method.

The simple explanation of the operation of short selling is that when you are bearish on the stock of a certain company, that is, when you think that the stock price of this company will definitely fall in the future, you can borrow a share of the company and sell it, and then wait for the company to sell it. When the stock price falls, buy the same shares at a low price and return them to the lender.The essence is still to buy low and sell high, but in the order of operations, it is reversed.

The most important step in the short selling operation is to borrow stocks!Where do you borrow the stock from?Stock brokers or securities companies, trust companies, and other financial institutions that hold your target stocks.

The principle of borrowing stocks is similar to that of borrowing money. For ordinary people, it may be fine to borrow tens of thousands or tens of thousands, but if you want to borrow tens of millions, you may be thinking of farting.But if you reach the level of Ma Liuwang, you can borrow tens of millions of funds with your mouth.

The same is true for borrowing stocks. Only when you know enough people and have enough weight, or the securities company you cooperate with has enough size, and your stockbroker has a wide network, can it be easier and faster , to complete the short selling operation more efficiently.

To put it bluntly, at this time, Carter wanted to see Julian's chips and strength.It's a mule or a horse. You pull it out for a walk, and if you have muscles, it will shine. Let me see how capable you are as a stockbroker?Is it worth my cooperation.

(End of this chapter)