Blackstone Code
Chapter 615
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Short, a common financial transaction behavior.
Bupen’s stock brokers use a simple and intuitive way of “buy size” to explain to customers who don’t understand what is long and short. This simple and straightforward statement makes it easier for customers to understand what they are facing What is it.
To be more specific, the price of a financial commodity is one hundred dollar each. At this time, A borrows one from B and sells it to other buyers, and A has 100 in his hand.
After a period of time, when this product fell to 50 yuan, A spent 50 to buy back a product and returned it to B.
In this transaction, A uses the spread to make a profit of 50 money because of the decline in commodities. This is the process of short selling.
If the commodity does not fall, but rises, lose as much as it rises.
Of course, this is just a simple overview. In fact, there are some other factors that need to be added to the calculation of the overall profit and loss, but generally speaking, this is the reason for shorting.
Lynch wants to lend money to Mr. Herbers. Mr. Herbers takes the money out and exchanges them for other currencies. When Galil becomes worthless, he spends the money at the price of waste paper. The money is bought back to Lynch, and what remains in his pocket is his profit.
But would Lynch be such a kind person?
This is a problem, a big problem.
Mr. Hebers doesn’t think Lynch is a good person. The reason is simple. He has just stated that his purpose of doing this is to take revenge, revenge for a harmless joke two years ago.
So what he said now, will it be true?
Is it really necessary to help him out of principle, or is it a new trap?
Mr. Herbers’ mood swings at this time are very complicated. It is already difficult for him to concentrate on thinking about what. The imminent bankruptcy made him feel like urinating. He put his legs together and asked a question, “How many?”
He asked how much Lynch could lend him and how much Galil he could lend him. If Lynch has enough cash in his hands, then he may not be able to recover his losses.
He briefly thought about it, just like the previous business, he did not find any problems, but at this moment he is not allowed to have too many trade-offs, he must find a way to solve these problems as soon as possible.
Once Galil collapsed completely, he didn’t even have the last chance.
Lynch looked at Mr. Herbs’ unwilling expression. He smiled happily. “Wait a moment…”, he motioned to Mr. Herbs to sit for a while, and he went into the back room and picked up the phone. .
The voice of his conversation faintly penetrated the open door and reached Mr. Herbers’ ears. Lynch seemed to be asking these questions.
Thinking of this, he started thinking again, did Lynch also plant a trap for him this time?
On the other side, Lynch is talking to Lime, “Do we have Galil stock in our hands and customers?”
“We have cleared our hands, but there are still a lot of our customers…” Lime couldn’t help but sneered when he spoke, “At least a dozen or so 2 billion are in the hands of our customers. “
“I have notified all our customers according to your statement before that Galil is at a huge risk and they are not recommended to hold, but you know, Galil has been rising and there has been a significant increase recently , So they actively asked to use their commissioned account to follow the trend, so…”
Lyme didn’t continue to say what he said. What followed was his brisk laughter. Lynch knew what he was going to say, and he also knew Lynch could guess.
When people face problems they don’t understand, they tend to be polarized.
In the first state, the individual’s knowledge, status, wealth, and power belong to the middle and lower classes of society. They lack a distinct independent mind and have not achieved any successful results. These people are often treated by people who are more professional than them. convince.
Being persuaded is not that they are soft-hearted, but that they really don’t have much confidence in these things they don’t understand. They can only rely on professional people to provide professional advice. This is why Bupen’s stock brokers are often in the legal system Class programs or publications appear as negative teaching materials.
Individuals in the second state may not be very knowledgeable, but they are all successful people.
They have sufficient society status, wealth, or power. To put it in a more popular way, these people are successful. Successful people have their own judgments and are not so easily persuaded by others. They trust their own judgments more.
When their judgments and Lime’s prompts clearly conflicted, Lime did not have the ability to persuade these people before they thoroughly proved themselves in front of people. They didn’t believe Lime’s judgment, they even Believe in my experience and feeling of success.
This also resulted in those customers in Lime’s hands, who were a little poorer (this part is actually at least middle class, much richer than the civilian class) very obedient and did not invest money in the operation of Galil In China, those big accounts with money have bought Galil.
About 20% of the Galil in Lynch’s hands were eaten by them, and the rest was eaten by all parties. After all, this is a spot!
Not long ago, these people who made money with the good news discussed Lime’s ability behind their backs, but when they turned around, Galil received frequent news, and Galil also turned around, and many people lost a lot of money.
Lime doesn’t feel at all, but there is a hint of happiness. It seems to be a great thing to watch these disobedient people suffer. When he and Lynch talked about it, the tone was full of joy. .
“Good job, much better than I thought…”
He thought that the Galil in his hand had not been cleaned up. After all, the 10 billion Galil spot needed to be cleaned up in a short time, and the volume of the market had to be considered.
Before the call, he thought there might be about thirty-forty hundred million left, and then took some back from the customer at a very low price, and lent a slightly relatively full figure to Mr. Herbers.
It’s just that he didn’t expect Lyme to complete the task so well, and he has already let go. Of course, this is also related to the fact that those international speculators started to speculate on Galil.
The high fever in the market will not go away, and all the participants are in madness. At this time, let alone the 10 billion spot, it is several times more. As long as Lynch has it, the market will dare to eat!
Lynch hung up the phone after complimenting Lyme a few words, and after a short pause, he called Mr. Truman’s desk.
“In trouble?” Lynch heard Mr. Truman’s unique laugh the moment the phone was connected.
In this period, international calls were still transferred manually, so before Mr. Truman got the call, he knew who the caller was. Lynch called him at this time. There was only one possibility that he was in trouble. .
The trouble that can make Lynch need to call for help. Mr. Truman is very interested. He wants to know who has such a great ability to live with Lynch.
Lynch also laughed twice, “Yes, I have encountered some troubles. I need the transfer right of 10 billion Galil spot. I think about it, and now only the federal government can get it out.”
This request is not within the scope of Mr. Truman’s prediction. He is a little curious, “What about your 10 billion?”
“Already let go at almost high point…”
Even if Mr. Truman doesn’t know much about economy finance, he knows what it means, and Lynch made at least tens of millions of calculated profits from this transaction.
This also reminded Mr. Truman of Lynch’s resistance every time he persuaded Lynch to work with him. Maybe he’s really suitable for these things. For so many years, no one can make money anymore. On it, it’s easier than Lynch.
After a brief period of loss of consciousness, there was a trace of envy in his mood, and then he turned into curiosity, “Then what do you want this money for now?”
“You know, I have a friend, Mr. Herbers, who intends to borrow a sum of money from me, 10 billion galiers.”
“I think the federal money is also stored, it is better to use it for business.”
“Within three months, the rate of return was not less than 4.5% of the total borrowings, and it was settled by the federal Sol. Anyway, it was almost the same…” Lynch quickly calculated the current exchange rate. “At least three million yuan in benefits, this transaction is very profitable.”
Mr. Truman’s curiosity is obviously not here, “Then how much can you make?”
“Almost the same number…”
“Will this money leave the Union?”
“Of course not!”
“When will the formalities come?”
“Soon!”
……
Lynch, who came out of the room, smiled and sat back on the edge of the sofa, “I’ve negotiated for you, 10 billion galliers in stock, and a return rate of 9.5 when repayment is settled by Federal Sol. If No problem, you can ask your people to go through the formalities now.”
Looking at Lynch so casually came up with “10 billion”, Mr. Herbers wanted to ask a question at this time-“The 10 billion you said, is it mine?”
But he didn’t speak, he didn’t dare to offend Lynch at this time, and this was his last chance.
If now he changes the money he owes others and disposes of the other money at the same time, he has the final say, he can still make money!
The reason for making money is that he did not intend to inform others that he intends to monopolize the profit from the short-selling money, so that he may still make some money.
There is only a moment from hell to heaven. At this time, he simply has no mood to care about the lives of others, he only cares about himself.
Don’t talk about the total interest rate of 9.5 percent, he is willing to eat even 15 points!
“There is no problem, Mr. Lynch, then how do the procedures go?” He couldn’t wait to get up, and there was a smile on his face.
Lynch wrote a number to Mr. Herbers, “This is the phone number of the head of the loan business department of the Golden Exchange Bank. You need to provide collateral. You know, I’m impossible to lend you 10 billion Gali Well, when you have enough things, you can see the money…”
After watching Mr. Herbs leave, Lynch dialed the number he gave Mr. Herbs, “Hello… yes, someone will come to you these two days…”
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