Reborn the youngest son of the chaebol family, sorry sister-in-law

Chapter 90: You Don’t Even Let Me Go of Mom’s Best Friend! [1, ask for automatic subscription].

Listening to Chen Daojun’s call, Li Hairen’s expression changed slightly.

However, she still did not say anything, but drove silently. Soon.

The two returned to the apartment.

“Daojun, what the hell are you doing, and why is there a billion dollars to say?”

Li Hairen looked at his son and asked word by word.

Just in the car, she didn’t ask, after all, it was not appropriate to talk about this matter on the road.

“It’s nothing, it’s my investment.”

Chen Daojun smiled and said.

“I know what investing, specifically, is going on and why you want to make a billion dollars before you stop.”

Li Hairen said worriedly: “Daojun, my mother knows that you are a person who does big things, but you must be careful.” ”

This is from the heart.

For Mother Wang, the most important thing is not that Chen Daojun becomes the master of the Shunyang Group, but that he can be safe, and everything in the north is important.

Chen Daojun nodded when he heard this, he could naturally feel his mother’s concern. After thinking about it, Chen Daojun said: “Mom, I’m doing futures.” ”

Futures?

Li Hairen was stunned when he heard this.

For her, the futures thing is really not very understood.

Chen Daojun didn’t say anything, so he introduced his mother to what futures are.

An initial spot forward transaction is a verbal commitment by both parties to deliver a certain amount of goods at a certain time. Later, as the scope of the transaction expanded, verbal promises were gradually replaced by sale and purchase contracts.

The increasing complexity of this contractual act, which required guarantees from intermediaries to monitor the delivery and payment of buyers and sellers, led to the opening of the Royal Exchange, the world’s first commodity forward contract exchange, in London in 1571.

In order to adapt to the continuous development of the commodity economy, improve transportation and storage conditions, and provide information to members, by 1848, eighty-two merchants initiated the organization of the Chicago Board of Trade.

Three years later, the Chicago Board of Trade introduced forward contracts.

In 1865, the Chicago Grain Exchange introduced a standardized protocol called futures contracts, replacing the conventional forward contracts.

This kind of standardized contract allows the contract to change hands and gradually improve the margin system, so a futures market specializing in buying and selling standardized contracts has been formed, and futures have become an investment and financial management tool for investors.

By the end of the nineteenth century, exchanges allowed hedging to exempt performance from liability and increased the liquidity of futures trading.

“According to your statement, are futures like stocks?”

After listening to his son’s introduction, Li Hairen thought about it and said.

Her culture is still very good, after finishing college, her understanding of these things is still okay.

“You can say yes or you can say no.”

Chen Daojun smiled and continued: “One of the biggest differences between futures trading and the stock market is that futures can be traded in both directions, and futures can be bought long or short. When the price rises, you can buy low and sell high, and when the price falls, you can sell high and make up for it. Going long can make money, and short can also make money, so there is no bear market in futures. ”

“Really fake?”

Li Hairen was stunned.

She knows the stock market, after all, married to the youngest son of the Shunyang family, she and her husband theoretically hold a part of the shares of Shunyang Group, although very little.

In this way, the futures market is much safer than the stock market.

Seeing his mother’s expression, Chen Daojun knew that she must feel that the stock market was inferior to the futures market, but he did not correct his mother’s thoughts, in a sense, it was.

In a bear market, the stock market will be depressed, but the futures market will still be beautiful and opportunities will remain. And.

What Chen Daojun has not yet told his mother is that stamp duty and other taxes are not levied on futures trading countries, and the only fee is transaction fees.

Most of the exchange procedures are about 2/10,000 or 3, plus the additional fees of brokerage companies, and the unilateral fee is less than 1/1000 of the transaction volume.

“By the way, then how do you make a billion dollars, do you have that much capital?”

Li Hairen remembered something and said to Chen Daojun.

Chen Daojun nodded: “I used some leverage. ”

“Leverage?”

Li Hairen frowned slightly, obviously not understanding very well.

Chen Daojun had to explain to her again what leverage is in the futures market. It must be said that the principle of leverage is the charm of futures investment.

In the futures market, there is no need to pay all the funds for trading, and only need to pay five percent of the margin when trading to obtain the right to future transactions.

Due to the use of margin, the original market was magnified by more than ten times.

Suppose that the copper price on a certain day is closed to the limit [the limit in futures is only 3% of the previous trading day], the operation is correct, and the profit rate of funds reaches 60% [3%÷5%], which is six times that of the stock market limit.

And futures is “T+0” trading, so that your capital application to the extreme, you can trade at any time after grasping the trend, close positions at any time.

The so-called T+0 means that you can buy and sell on the day. Plainly.

The futures market is a huge casino.

As for buying up or down, it depends on your own judgment and luck.

After a long time, Li Hairen frowned and said: “It’s so complicated, then how much money did you invest?” ”

“Thirty million dollars.”

Chen Daojun smiled and said easily: “Now it has made 400 million US dollars. ”

Hiss!

Li Hairen gasped and looked at his son dumbfounded.

She didn’t expect that her son, who was only fourteen years old, had already begun to manipulate hundreds of millions of dollars in transactions. To know.

If this is exchanged for won won, it is a transaction of hundreds of billions of won. Wait a minute!

She suddenly realized that at the family gathering during the Spring Festival before, her father-in-law Chen Yangzhe had said that Dojoon had bought a lot of land in Seoul for 100 billion won last year, and four of the plots had allowed him to recoup his costs at the beginning of this year.

Oh, my God!

Li Hairen looked at his son: “Daojun, you are simply an investment genius!” ”

Seeing his mother’s appearance, Chen Daojun suddenly smiled: “Mom, you actually know?” ”

“………..”

Li Hairen was speechless, and simply stretched out his hand and knocked on Chen Daojun’s head: “Stinky boy, even if you earn ten billion dollars, you are also your mother’s son, and your mother is worried about you, so you must be careful, understand?” ”

“Got it, don’t worry.”

Chen Daojun nodded.

……

The days soon passed another month and a half.

The price of copper on the London Stock Exchange has risen to $2,000 a tonne. With this increase, Chen Daojun’s profit has reached 700 million US dollars.

At this moment, even Chen Daojun himself became nervous. He is considering whether to close his position and leave the market.

“Boss, now there are rumors that Mr. Hammer is being investigated by the London Exchange, so let’s leave.”

Jordan Belfort specifically called Chen Daojun with only one purpose, that is, to persuade him to leave.

“I’ll think again.”

Chen Daojun did not immediately agree, but shook his head and rejected him. Let’s be honest.

He did hesitate now.

After all, the $700 million profit is a lot from the perspective of the futures market.

If you count the principal, a full billion dollars are in your hands, and if you participate in shorting the Mexican peso next year, you can definitely make a lot of money.

Putting down the phone, Chen Daojun’s brows furrowed, a little hesitant. At this time.

Li Hairen knocked on the door and walked in: “Daojun, tomorrow your Aunt Huixiu and Aunt Ying-ai will come to the United States, and my mother will invite them to dinner in the evening.” ”

“Huh?”

Chen Daojun was stunned when he heard this.

Li Hairen glared at him: “You guy, this girl Huixiu called me to ask about your situation if she had something to do, and I don’t know what kind of soul soup you poured into her.” I tell you, you two can’t be so old! Besides, if your grandfather had known, he would definitely not have agreed. ”

Goryeo people don’t care about falling in love, but they are very concerned about the age gap. What’s more, Jin Hye-so was originally Li Hai-jin’s best friend, and when he thought of this, Li Hai-jin was naturally very worried.

Chen Daojun patted his head: “I know, I know, how old I am, don’t worry about it, mom.” ”

But.

After his mother left, a smile appeared at the corner of Chen Daojun’s mouth. Mom’s friend, gee!

This title alone makes people instantly hot!

Although he is only fourteen years old now, he can’t do anything for the time being, but it doesn’t prevent him from appreciating the beautiful bodies of the two aunts. Of course.

These words must not be said to her mother, but if she does, she must be angry. In the evening.

Chen Dojun followed his mother to pick up Kim Hye-so and Lee Young-ae.

This is the case on the Korean side, but everyone who has a little money likes to go to the United States to consume.

Kim Hye-so and Lee Young-ae have also debuted for two or three years, but they have accumulated a little money, thinking that Li Hae-jin is here in the United States, and by the way, they will come to see her, and they will be used as tourists.

“Daojun is getting taller and more handsome.”

Li Ying’ai hadn’t seen Chen Daojun for a long time, and said to Chen Daojun with a smile.

“Thank you, Aunt Anglo-Ai.”

Chen Daojun nodded, and then looked at Jin Huixiu: “Hello Aunt Huixiu, you haven’t been drinking bars recently?” ”

“············”

Kim Hye-so instantly felt the urge to turn around and run.

Although there was no such thing as social death at this time, she knew very well that Li Ying’ai would definitely ask why Chen Daojun said this when the time came…

Well, she now has a feeling that if she doesn’t die, she won’t die.

Sure enough.

Hearing Chen Daojun’s words, Li Young-ae looked at Kim Hye-so curiously: “Hye-so, what did Do-joon say?” ”

“I refuse to answer.”

Kim Hye-so suddenly rolled her eyes, not planning to speak at all.

Li Hairen on the side, resisted the urge to laugh, and explained to Li Yingai.

A moment later, Li Ying’ai looked at her good girlfriend with a wonderful face, and gave a thumbs up: “You are really powerful, Huixiu, even the son of his best friend will not let go!” ”

Groove!!!!!!!!! Kim Hye-so was directly stupid.

At this moment, she had a feeling of social death.

I never expected that Li Ying’ai was such a quiet person, and he was such a pit person when he spoke.

Fortunately, in the United States, most people can’t understand Korean, and if she were in China, she felt that she could jump the Han River.

“Ahem, Anglo-Ai, don’t talk nonsense.”

Li Hairen also coughed repeatedly, looking at Li Ying’ai helplessly, but he didn’t expect that this girl was talking so outrageously. But if you think about it, it seems to be true!

“Aunt Ying-ai, there is one thing to say, your words are a little ambiguous.”

Chen Daojun said to Li Ying’ai helplessly: “Nothing happened to me and Aunt Huixiu, after all, I am still young.” ”

“Stop!”

Kim Hye-so quickly raised her hand and stopped the chat of these people.

If you continue to talk, you may not know what you are going to be ridiculed into. Several people laughed, naturally did not say any more.

In the next few days, Li Hairen accompanied his two girlfriends to visit stores in New York, and also went to San Francisco to limit Los Angeles for a walk.

Chen Daojun did not follow the past, he contacted his legal team and accountant team, and called Jordan Belfort over, and after careful calculation, Chen Daojun finally decided to close the position.

He has already made 800 million US dollars, which is a lot of income for him.

Chen Daojun’s idea is very clear, accept it when it is good, and take a long-term view, and cannot be limited to gains and losses in one moment and one place.

“Boss, you are really powerful!”

Jordan Belfort gave Chen Daojun a thumbs up from the bottom of his heart, just like the ghost translator in that movie. He is now admired by Chen Daojun, the young boss.

To know.

If nothing else, financial markets change rapidly, and many times it is often a matter of thought, and a billionaire may become a poor egg.

There are really too few bosses like Chen Daojun who are calm and able to make accurate judgments without being greedy.

“Okay, don’t put a top hat on me.”

Chen Daojun said lightly: “We Orientals have a saying, the more you flatter in front of you, the more despicable and shameless plans are hidden in your heart, dear Mr. Ford, I hope you are not that kind of person.” ”

“Hahaha, boss, you have to believe in my loyalty.”

Jordan Belfort said with a smile.

“Huh…”

Chen Daojun glanced at him lightly, noncommittal. Loyal?

He doesn’t believe in loyalty.

The so-called loyalty is just not enough chips for betrayal. No more.

Talking about loyalty with businessmen is a ridiculous thing in itself, because in the eyes of businessmen, everything has a price, as long as the price is negotiated, then loyalty is just a bargaining chip.

Jordan Belfort is now able to work under him because he knows that if he doesn’t want to go to jail, that’s all he can do.

What’s more, he has invested one after another, and he has indeed made money.

Even if the remuneration is only one percent, Jordan Belfort is willing to do it. But Chen Daojun didn’t believe that he would always be so honest.

Seeing himself earn a billion yuan, he makes ten million? Let’s be honest.

If it is someone else, Chen Daojun believes it, but if it is Jordan Belfort, Chen Daojun absolutely does not believe it. This is the essence of human nature.

So Chen Daojun did not intend to tie this Wall Street wolf to himself all the time.

His purpose is only to let Jordan Belfort help him get through the current 4.6 years, and when he is older, he can cooperate in other ways.

“By the way, boss, what are we going to do in the next wave?”

Jordan Belfort asked Chen Daojun.

“Hold still.”

Chen Daojun smiled, and then said calmly: “It’s only the middle of the year, what are you anxious about, don’t rush to start first, let’s observe and observe.” ”

“Good.”

Although Jordan Belfort did not know why, he nodded and agreed. He is now getting used to the boss’s style.

Unlike the investors Jordan Belfort knew, Chen was never the kind of person who held for the long term or bought randomly.

This guy is like an animal hunting in a dense forest, lying there motionless, carefully observing the opponent, if he finds valuable prey, he will rush out at once and knock out the opponent fiercely.

But he is also very cautious, no matter when, Chen Daojun’s approach is to hit the hand, immediately thousands of miles away, will definitely not drag the mud and water, give the opponent a little chance.

Even if you earn a little less for this, it doesn’t matter.

Just like the previous short pound sterling and now the copper price on the London Exchange, in fact, according to Jordan Belfort’s analysis, there are still some markets on these two occasions, and you can make a little more.

But Chen Daojun was able to restrain the greedy nature of human nature and chose to stop. This really impressed Jordan Belfort.

“Maybe that’s why the boss succeeded.”

Jordan Belfort looked at Chen Daojun’s back and said to himself.

After Chen Daojun disappeared from his sight, he took out his mobile phone and dialed a number.

“Jason, you can throw away those contracts in my hand, hehe, no less, the income of fifty million dollars is already very high.”

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