Age of Dreams
Vol 2 Chapter 1704: Cao Dong's caution
Since the development of automobiles in the early 20th century led to the rapid development of the oil industry, the oil price system has never experienced the ups and downs of 2008.
No matter how people do not understand oil, as long as you know a little bit of information, you will know that the biggest difference in oil prices in 2008 was more than $100-this is the price of a barrel of oil in a year!
From the continuous rise in 2007, to the continuous high in 2008, it reached the sky-high price of US$147.27 per barrel in mid-July 2008, but after this day, the oil price took a sharp turn and fell in one breath within six months. The price was 100 US dollars, and the final ending on December 31st was 45 US dollars.
If you look at it later, none of the institutions, investors, bricks, etc. this year can guess the whole situation.
It can even be said that people have never even thought about the oil situation in 2008. It was so ups and downs and moving.
In the stock futures market, the so-called ups and downs and moving, but it involves hundreds of billions of dollars in winning or losing, which is enough to make people crazy.
Only a reincarnated person like Xiao Qi dare to play so freely.
But Xiao Qi has gone through so many things, it's not as unscrupulous as he was just reincarnated and reborn before.
Because the cause and effect of anything affects the progress of the matter.
Xiao Qi has changed some things, so the history that follows will also have different changes, which is the inevitable historical inertia.
For example, Bear Stearns, the fifth largest investment bank in the United States, was only acquired by JPMorgan Chase in March 2008, but under the influence of Xiao Qi, this matter was advanced more than a month. During the Spring Festival in February 2008, Bear Stearns officially became a member of JP Morgan Chase.
The dignified Bear Stearns, the dignified fifth-largest investment bank in the United States, is a giant that has been calling the wind and rain for decades. It has to be sighed that I ended up like this in one day.
Xiao Qi didn't have much emotion. The more such a harmful company died, the better, not to mention that it was just the beginning, and the good news was yet to come.
Speaking back to oil.
If Xiao Qi remembers correctly, in mid-July 2008, the price of oil was US$147.27 per barrel. At that time, it will be the highest price of oil in history, and it is estimated that there will be no such high price in the next 10 years.
I want to explain here that the so-called oil price is actually traceable.
Normally, when the economy develops rapidly, that's when everyone needs energy. Strong demand has caused prices to rise; on the other hand, when the economy is in recession, people don't produce and consume much. Naturally, less oil is sold, and prices drop accordingly.
This is a very normal economic principle and a barometer for people to judge the economy.
Because of this, the so-called experts have been repeatedly smashed by Xiao Qi in the past two years. There are no pants left.
Because they don’t understand that when there are normal times, there will be abnormal times.
The economic development situation of the past two years cannot be judged by common sense at all. The giant crocodiles who make waves are often buried under the water, and only when there is a chance, they will immediately rush out and bite their prey to pieces.
This involves hundreds of billions. Even for things of trillions of dollars, Xiao Qi was afraid that his previous life experience was not enough, or there was some deviation, that would be a serious sinner.
Therefore, he simply let the three barrels of oil and the four companies of China Aviation Oil sell early, and slowly sell them at around 130 US dollars, and sell them up to 140 US dollars. There is no need to pursue the highest price.
The real giants never pursue the maximization of profits, and stable money making is their constant pursuit-isn't Buffett succeeding because of this?
Cao Zhichong and Xiao Qi thought differently. He once considered the situation after the price of oil had been falling all the way, and felt that even then. I have nothing to do with myself. After all, the previous deal was so beautifully done. With this primer, even if it fails later, there is still a lot of room for maneuver. Moreover, the price of oil is now so high, how can it be lowered? Below $60?
Therefore, Cao Zhichong adopted a prudent approach. On the one hand, he stopped buying high-priced oil. On the other hand, he actively digested the inventory. He was ready to make various high-value-added finished products from the oil as soon as possible, so as to realize more benefits.
As long as the money is in hand, then the future rise and fall of oil will be another round of things, at least now I have achieved the most complete success.
Therefore, he only used up 30 million tons of oil stocks in five or six months!
Don't think that 30 million tons of oil is scarce. You have to know that China's total oil consumption in 2007 was only 350 million tons, and domestic crude oil stations accounted for 60%, and only 140 million tons were needed for imports.
With 140 million tons of imported crude oil a year, PetroChina, Sinopec, and CNOOC will average less than 47 million tons a year. Cao Zhichong spent 30 million tons in five or six months, which has far exceeded his plan.
It cannot be said that Cao Zhichong's thinking is wrong. In fact, this approach is very safe. At least the previous profits can be directly settled.
But Xiao Qi was different, he was pursuing a greater victory.
A victory over Uncle Sam and the Europeans is not enough. Only with continuous victory and continuous weakening of their strength can we have room for growth.
Under the control of Europe and the United States, Huaguo's companies have few chances of success, and they are everywhere restricted. It is rare to have the opportunity to break the shackles. It is strange that Xiao Qi does not work hard!
Where his thoughts passed, Xiao Qi said with a smile, "Dong Cao, don't you believe me?"
After Cao Zhichong subconsciously refuted it, he knew that it was going to be bad, so there were so few refutations in person, it was really looking for death.
Pretending to smirk, Cao Zhichong shook his hand and said, "Qing Shao, how could I not believe you? It's just that I analyzed this matter from the thinking of a normal person, which is different from the thinking of your genius! Can you? Speaking out, let my old Cao also have some insights?"
"The price of oil continues to rise, but the demand for spot goods is still declining. This contradiction between supply and demand is not only hurting oil exporting countries, but also the New York crude oil futures of the United States, which controls the world's oil futures system. Market. Over the past few years, the United States has smashed crude oil futures. I don’t know how many people have been entrapped! This futures market is a magic weapon for Americans!” Xiao Qi said, “Americans are not vegetarians. Bottom line, then regardless of how high your oil is being speculated, they will definitely stop it! Once the US government takes action, do you think oil prices will continue to rise?"
After a pause, Xiao Qi said again: "Even if the U.S. government does not take action, can oil prices continue to rise? Any bubble will burst, but it will burst sooner or later! I let you do it now, just don’t let you fall into the bubble. In the trap of bursting! Do you still not understand the most basic strategy of buying low and selling high in business?"
"Hehe, I rarely sell high and buy low. I often buy high and sell high." Cao Zhichong is not ashamed at all. "Like this kind of buy low and sell high that involves hundreds of billions of dollars and a profit of more than 50 billion, I am old. Cao has never done it!... Qi Shao, shall we be safer?"
"It's okay, then you don't want to be outstanding for the rest of your life." Xiao Qi sighed: "Old Cao, I really feel that you are actually a talent. Don't say anything else, after finishing a term, go to the ministry. It is possible to become a minister with real power, or to go directly to the CPPCC after two terms as deputy chairperson!"
Cao Zhi's saliva almost flowed out.
Why did he work so hard in this life?
Isn't it to be able to shine in the official career and achieve a prominent life?
Although he knows his abilities, he is a bit inferior to a Tianzong wizard like Niu Ruzheng, but now he is in the position of a senior official equivalent to the deputy minister. He really feels that he has the ability to be a minister. of.
At this point, he usually has Austrian aid, or it is directly in the background, otherwise it will be difficult to go further in single-soldier combat.
Cao Zhichong did not dare to think that his backstage was Niu Ruzheng, because Boss Niu was too prominent and could not be trusted by ordinary people. Even if the outside world believed that Cao Zhichong was Niu Ruzheng, Cao Zhichong himself knew that he was a very outsider. .
Therefore, Cao Zhichong felt deep in his heart that Xiao Qicai should be his backstage.
Because of this, he has always followed Xiao Qi’s steps. Facts have proved that Cao Zhichong’s decision is very correct and very wise. In just two years ~www.readwn.com~ he has not only reversed the people’s attitude towards The influence of PetroChina, more importantly, has been recognized by the leaders, which is very dazzling.
Now he wanted to ask for stability, but the blueprint Xiao Qi drew for him was so tempting that Cao Zhichong's heart was shaken again.
"Little kid, it's not that my old Cao is courageous, this matter...Oh! I can't afford to bet!" Cao Zhichong said strugglingly.
"You are hypocritical!" Xiao Qi shook his head, "Old Cao, when I asked you to buy more than 70 billion US dollars of oil, you still dare. Now that you have achieved something, you have become cringe. This Is it the mentality of someone doing big things? Uncle Niu often says that I am a small farmer with serious thoughts. I think you are much more serious than me!"
Cao Zhichong smirked, afraid to answer.
In fact, he is indeed like this. After such a great achievement, he dare not take risks.
This has nothing to do with whether he believes it or not to Xiao Qi, it is purely a deep thought in his heart. (To be continued. If you like this work, you are welcome to come to the starting point () to vote recommended votes, monthly tickets, your support is my biggest motivation. Mobile users please go to read.)
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