Wall Street Legend

  Chapter 109 Invitation Letter

  Recently bought a house, bought a car, and changed office space. These can bring Ye Dongqing's quality of life to a new level and lead a life that most people envy.

   It is not the top, but it has surpassed 99% of the people in New York. The house is more than 6 million dollars, and it is located next to Fifth Avenue, which is enough for many New Yorkers to look up to and envy.

   Compared with living in a dilapidated rental house two months ago, the next is the beginning of a comfortable life.

  Buying a house or a car may seem like a lot of expense, but in fact, only a part of the down payment is required, and the purchase in the name of the company can also reduce taxes. This is similar to leverage in the futures field. You can get a house by paying part of the money. You can earn more when it goes up, and lose more when it goes down. Calculate it from the perspective of purchasing power and take inflation into account. House prices have fluctuated little over the past century.

   After working for a few years, the two of them can almost buy a decent house in a remote place in New York. Of course, during this period, they need to save money desperately, and the salary should not be too low. The pressure is relatively high, but not to the point where it can overwhelm people. Social welfare provides them with a lot of protection, such as medical insurance, unemployment insurance, relief funds, etc., which reduces people's worries.

  Ye Dongqing is not an ordinary person.

  Life is so boring, there are not many things to worry about except money, thinking about how to make money all day long, it really made him a lot of money.

  Bold and smart, he never likes to keep his thoughts in his mouth. This kind of person deserves to get rich.

Counting his net worth, he is still far from being a billionaire, and far from the pinnacle of his life. In the next few days, he revolved around the company, and the order agreement for crude oil futures has already been obtained, and he temporarily changed his mind and bought more than 16 million U.S. dollars , four percent margin, twenty-five times leverage.

   So far, with the rise in oil prices, they have made a small profit of more than 4 million U.S. dollars, and the Nasdaq market has not lived up to it, bringing nearly 5.5 million U.S. dollars in book wealth within three days.

The reason why he is not up to date is that Mr. Carneck is representing Freshwater Fund Company and discussing with representatives of several investment banks and securities firms about buying warrants of several Internet companies from them. The rise is naturally a good thing, but it is a pity that the price increase The timing is wrong.

In addition to the half-dead Apple, after the stock prices of listed companies such as Amazon, Netflix, and eBay rose, investment banks and securities firms also increased their prices. Buy it in hand, but pay only a small fraction of the money.

It doesn’t matter whether you actually buy the warrants after they expire. It’s more like gambling with brokers, investment banks and other institutions. If the stock price falls, the other party will make a profit. If the stock price rises sharply, the brokers and investment banks will lose a lot of money. Profits that could have been pocketed.

  From the perspective of risk control, in the current downturn of the Internet industry as a whole, selling warrants at a premium of 10% to 15% is a relatively good deal for them.

After all, except for Ye Dongqing, no one knows what the future world will look like, and no one knows that now is the bottom. The Nasdaq index will skyrocket for more than ten years. . Root Stanley, Goldman Sachs, and even Fidelity Investment Group, are all interested in the warrants proposed by Carnegie.

  Apple is the worst company. They are willing to sell it without a premium, and the share is so large that Ye Dongqing can't eat it, so he can only stare blankly.

Considering the speed at which Danshui Fund raised funds, he could only take his time and pay a very low percentage of deposit. The longer the agreed delivery time, the better. It doesn't matter even if the premium is high, so that he can leave time for him to Raise more money, and then directly buy this part of the stock at the low price agreed now.

The Facebook side belongs to entrepreneurship, and the Danshui Fund side is Ye Dongqing, in order to lie down and eat for a lifetime in the future, desperately taking the opportunity to buy low-priced stocks and prepare to hold them for a long time. It is not yet time to enjoy them. The foundation, just continue to develop according to the current model.

  Borrowing investors' money, desperately playing leverage and crazy arbitrage, Ye Dongqing played her own little game, and didn't have much contact with her peers.

  In fact, Danshui Fund Company and himself have slowly become famous in the circle recently.

The gambling agreement with Little Edward made many people hear the names of him and Freshwater Fund for the first time. Later, he made a lot of money through crude oil futures and disclosed his assets to the Securities and Exchange Commission. The news spread through the mouths of everyone. Mainly concentrated on Wall Street, many people have heard that a little Chinese guy who is still in high school made a profit of 40 to 50 million US dollars in just over ten days.

  Wall Street news travels so fast that many people live off it.

Don’t look at people often saying that there are people on Wall Street who start from scratch, become so rich, and earn so much money, but that’s only rare. From the base point of view, there are more millionaires and fewer earning tens of millions of dollars. Fifty million dollars is another concept.

  Considering that the deadline has passed, Edward Johnson Jr. kept silent about the result of the bet. As if there was no such thing, people have already speculated about the bet.

  I felt that the little guy named Leo probably won, but I don’t know why he didn’t go deeper and let little Edward cash out those shameful bets.

  In the financial circle, it is very difficult to make a fortune silently. In addition, in order to show one's own strength, there is no need to hide unless the source of funds is unknown.

  Only by making investors think that they are capable can they get more investment. This is the truth pursued by fund managers. Occasionally, parties held by peers often turn into showing off to each other, especially at parties of rich people.

Nowadays.

Ye Dongqing unexpectedly received an invitation letter, inviting him to attend the party hosted by Ms. Johnson of the Fidelity Investment Group at the Waldorf Astoria Hotel tonight. This kind of invitation letter should have been sent to the guests a few days in advance. The only explanation is that Someone wished to invite him impromptu, but it was unclear whether it was little Edward's idea or his mother's.

  At first I didn’t want to go, but later I felt that I didn’t need to worry about anything, so I came up with the idea of ​​going to a party. Otherwise, I was tired of being between home and the company all day, so how could I expand my network of contacts.

After thinking for a while, they beckoned Laura to come over. They are currently in the newly bought house in Puchuan Building, and at the top is the home of the New York real estate tycoon who will be in charge of Washington in the future. Ye Dongqing and his family became friends. Neighbor.

Tell Laura: "There is a party tonight, or you can go to it with me, and there is still a shortage of female companions. I will take you to buy a dress later, and do a hairstyle by the way. I also want to cut my hair. OK?"

   Of course, Laura has no objection to this kind of thing that can be eaten and played. She asked curiously: "Whose party is like the high-end party on TV?"

   "Almost, drinking and chatting or something, it must be boring, you don't have to go if you don't want to."

   "Don't! Who said I don't want to go, the parties I went to before were like a bunch of crazy people having fun, I haven't been to that kind of formal party yet!"

  (end of this chapter)