Opening game, American Tycoon

Chapter 4 Leeks are for cutting and wool for scouring

Chapter 4 Leeks are for cutting, and wool is for pulling (fourth update, please spray)
(Seeking collection, asking for recommendation, asking for all kinds)
As Buffett said, in 1860, it was the eve of the rise of Argentina as a country. The so-called rise was entirely due to the livestock industry in the Pampas Prairie, which made Argentina the most important exporter of livestock products in the world.

However, it is only the eve of the eve. After all, as a South American country, Argentina not only lacks capital, but also lacks labor force. It will take another ten or twenty years for its real rise.

Of course, Argentina's economy is also prosperous now. After all, the Pampas prairie is the most fertile land in the world. The export of various agricultural products such as wool and wheat has prospered the country's economy.

And this futures exchange is also a symbol of its economic prosperity.

"So, investing in wool must make money now?"

wool?

Buffett glanced at Zhu Xianhai in surprise.

Buffett, who thought it was a coincidence, said.

"Investing in wool futures is definitely profitable, but it is definitely not now. Generally, we will buy spring wool futures in winter. According to the winter weather, we can speculate on the sheep wool production this year. If the production is high, The price of sheep wool will naturally fall sharply, and if the production is low, its price will naturally be high."

Well... that is, the simplest futures trading.

Zhu Xianhai asked.

"Then do you think the current price of wool is high or low?"

"This winter, the sheep breeding situation of various farms is very good, and there are tens of millions of sheep in Argentina. What is certain is that the supply of sheep wool this year must be very large, so in the past few months, Its price has been falling, not even 60% of what it was last year..."

Looking at the boastful Buffett, Zhu Yihai just nodded silently.No wonder the news of the Mapuche invasion caused a car accident.

The war or invasion must have affected the supply of sheep wool, which directly caused the price of sheep wool to soar. These people must have lost a lot.

"I increased my position and bought some half a month ago."

That's it... because of your judgment, you dare to stud!

Buffett... thanks to such an auspicious name!

What is a mascot?

This guy is clearly the leek.

You are not a leek, but what a loss of your talent!
Brother, it's self-righteous leeks like you.

"I see. If I buy sheep wool futures now, if the price goes up, wouldn't I be able to earn a lot?"

Does this guy not understand what I'm saying?

Buffett's expression froze.

"What did you say?"

"I have 300 pesos here, can I open an account?"

"Eh? Open an account? Of course it is enough. You only need 100 pesos to invest in futures."

Buffett hesitated and tried again.

"Are you planning to invest in futures?"

"Yes."

To be honest, Zhu Xianhai really didn't know anything about futures.After all, investing in stocks and futures requires money, and he happened to... have no money.

Besides, it was still 1860 futures.

But what is certain is that in a short while, all futures will explode, and within an hour, news of the war will come.

Zhu Yihai didn't know who the Mapuche people were, but he was sure that this matter was definitely not simple.

Whether the so-called "invasion" is a real "invasion" is unknown.

Perhaps, it's just a means for the dealers to cut leeks.

Judging from the news disclosed by Buffett, this year's market and his judgment as the "king of leeks" are absolutely in line with the basic principle of cutting leeks.

All the news points to the "slump in wool", and these leeks are putting their money on it.

Isn't this the time to cut leeks?

The life of a leek...is the life of being cut off.

Of course, wool is also used for pulling!We came here today to gather wool.

"I'm a foreigner, so there's no problem opening an account?"

Zhu Yihai's question made Buffett laugh.

"I'm also a foreigner. How many people are natives in Argentina? Well, let's open an account!"

In this way, under the guidance of the king of leeks, Zhu Xianhai opened an account without any documents or other proofs.In fact, in Argentina these days, there are no documents to provide, that is, those immigrants entering the country, that is, registering a name at the customs, this refers to those entering and leaving from official ports, in fact, there are many Unlicensed ship owners transported immigrants for free, and then sold the immigrants’ contracts to farmers. I don’t know how many new immigrants with nothing came to this new continent in this way, becoming settlers, tenant farmers, and agricultural workers.

What kind of passport, green card, this year does not exist.

This also let Zhu Yihai breathe a sigh of relief, you know, he was still worried about his identity.

After paying the account opening fee of 1 peso and depositing all his belongings of 299 pesos, Zhu Yihai finally became a retail investor in the futures market, or a leek in the [-]th century.

Leek is often the home of retail investors.

Seeing the freshly released account opening certificate, Zhu Yihai asked.

"Is this a credit account?"

When opening the account, Buffett specifically asked him to open a credit account.

"Of course, with it, you won't miss some opportunities. After all, sometimes we have to prepare in advance."

Buffett bared his eight teeth and said.

"Remember what I said? Ordinary people want to change their destiny, what they need is stud, but not every moment has the opportunity of stud, but after making an accurate judgment, they must seize the opportunity, just like I, ten years ago, I came here with a hundred pesos, five times the authorization of the credit account, and started my life journey..."

When Buffett was talking about the glorious journey of leeks, Zhu Xianhai asked.

"If I buy futures now, how should I buy them?"

"Buy now?"

Buffett was taken aback and asked.

"What futures are you going to buy? Now is a good time to buy wheat..."

"wool."

what!
In an instant, Buffett was dumbfounded. He looked at this guy like a fool.

"That... sir, do you have to think about it? Buying wool futures at this time, there is no profit at all. It has fallen to a low enough price, is it impossible for it to fall again?"

Buffett's tone seemed a little eager. God knows, the reason why he came to get close to this guy was to rely on him to get close to Major Bellucci, who is a big shot in Buenos Aires.A big name among Italians.

"You'll lose everything!"

"It's okay, didn't you say it, life lies in daring to stud, after all, stud is a kind of wisdom!"

Zhu Yihai's determined look of not listening to persuasion left Buffett a little speechless.

This guy is really crazy!

"299 pesos, all wool futures, buy up..."

He is really stud!

And it's still buying up... wait, what did he say?
While Buffett was dumbfounded, he heard that Zhu Yihai had overdrawn his credit account again.

Twice the authorization.

598 pesos!

 A book friend group has been established: 335260551, everyone is welcome to join, discuss the plot together, and deduce the plot.

  
 
(End of this chapter)

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