Wall Street Legend

Chapter 50: loophole

  Chapter 50 Vulnerabilities

   It seems to be the case, and coupled with the fact that he owns a fund company located on Wall Street at a young age, Malik Fassi naturally regards Ye Dongqing as the same kind—a rich man.

  In the eyes of rich people, 100 million dollars is a threshold, and the whole family owns 100 million dollars, and it is another concept for someone to own 100 million dollars alone.

Don’t think that you are at the top with so much money, not to mention Rockefeller, DuPont, Rothschild and other old families whose camels are bigger than horses. Just ten years ago, Sam Walmart, who founded the Wal-Mart supermarket chain After the death of Mr. Leighton, he left a huge sum of money for his five children and his wife, with a total value of more than 100 billion U.S. dollars.

The five children are currently among the top ten of the Forbes rich list, and each has a public wealth of about 20 billion U.S. dollars. Above them, there is another one who still has more than 40 billion U.S. dollars after losing a lot of money due to the stock market crash. Mr. Bill Gates.

   Looking through the wealth list, there are a series of wonderful stories behind everyone's name. Ye Dongqing also wants to write her name on it, even dreaming.

  People always say enough money is enough, but who doesn't want more?

  In my previous life, when I was middle-aged, I thought that my whole life would be the same. Now that the opportunity for change is in front of me, I have to fight anyway.

  For this reason, he has sacrificed the opportunity to enjoy life for nearly a month, and spent his whole day around money. This is not just for fun, the opportunity is there, and it is better to seize it as soon as possible...

  As the face of a company, the office building, good or bad, has a great impact on the business. The one rented by Danshui Fund Company is not even qualified.

He brought Malik, the funder, into his office, and asked Laura, who was acting as the secretary, to help him make two cups of tea. Under the instructions of Ms. Vigo, the employees found something to do when they had nothing to do, and they looked very busy. After all, it was because of the scale Too small, it is difficult to generate the confidence to retain large amounts of funds.

  Wall Street is not like this, the big fish eats all, and the small fish eats the small fish. When it comes to the shrimps, there are only some leftovers for a group of small shrimps to snatch.

  Freshwater Fund Company is still at the bottom. As long as the colleagues have a little bit of means and ability, it is not a big problem to win over some middle-class customers. The funds of more than 10 million US dollars are not on the table, so they can't be regarded as the bottom.

  Sit down in a comfortable position, Ye Dongqing asked: "I heard from Ms. Viggo Moore that you met a long time ago?"

   "Yeah, she helped me manage the legacy left by my grandfather, and also invested in the freshwater fund. I was lucky enough to make some money, and I used it to buy an island two years ago, a small island in the Panama archipelago.

I heard that the company went bankrupt. Thank God. Since then, no one said that I can only spend money. I often tell my friends that I saw the crisis in the Internet industry. Then I made up my mind to divest and buy real estate. They actually believed it. What nonsense! "

  Malick's tone is humorous, and the woman next to him is just laughing.

   I don't know if it's Ye Dongqing's illusion, but I always feel that after hearing about the island, the woman smiled more happily.

Fishing for big money is also a skill. There are too many opportunities for the rich to choose. Even if they are willing to hang themselves on a tree, they will always choose thousands of choices. Even if the requirements are not too high, at least they should have some connotations. With an uncontrollable expression of joy, it is estimated that the heat is still a little bit off.

Ye Dongqing didn't care about her, and continued down the topic: "Haha! Then you are really lucky. Sometimes luck is also an important part of strength. After Danshui Fund went bankrupt, it was acquired by me. It has almost nothing to do with the past. We are launching another financial products.”

   "I heard that the dividend is 8% a year. Are you sure this is not a joke?"

   "Of course, they designed a model to ensure no loss through decentralized hedging. Even if the loss is lost, I can pay for it myself to make up the gap. After maturity, it will definitely be credited to your account with interest.

   In addition, there is a new product with a quarterly rate of return of 2%. If you are not at ease, you can buy it first, and re-sign the agreement after the expiration date, and the dividend will be calculated with compound interest. The funds are mainly used for hedging, and the rate of return is very high if you are safe. Even if you pay dividends at eight points, I still make a small profit. I have just experienced a turbulent period in the past year. According to my previous experience, the global economic market will soon pick up. . "

   Avoid taking the initiative to talk about risks. Similar words have been said countless times recently, and at this time Ye Dongqing blurted out.

   People clearly know that the gang on Wall Street regard money as their life.

  Daily contempt and at the same time, when encountering a situation that requires investment, most of them will choose to believe them in the end. Everyone hopes that their financial advisor is smart and likes money. Because they like money, they are more likely to help them make money. The reason is as simple as that.

  The U.S. financial and securities industry is well regulated and legal terms are used to protect the rights and interests of both parties. Of course, financial fraud occurs from time to time. Considering the size of the practitioner group, it is only a very small number of cases.

  Trust is built on a series of legal documents, and at the same time there are regulatory agencies to help watch, which makes investors often have a subconscious, thinking that the possibility of being deceived is quite small.

Malik was not as big as it seems on the surface, and asked: "If, I mean, if your company is in financial trouble, how can I guarantee that I can get the money back? What property do you have as collateral? I My father bought a capital preservation fund, and it is difficult to achieve such a high rate of return. Investing in financial products is relatively risky, please forgive me, I must understand clearly first.”

  This question is on point, and it is the biggest loophole in Ye Dongqing's lies.

  The capital preservation fund needs to occupy a large amount of funds to buy treasury bonds, bank deposits, virtual gold, etc. to avoid loss of principal. Calculated on a three-year capital preservation fund, the investable funds are only about 10% of the principal. If you only buy it for one year, you still have to protect your capital, which means that you have even less money available, only about 2% to 3%.

If he wants to use such a small amount of money to earn a profit of eight points more than the principal, Malik thinks that the possibility is not very high. Even if he puts all the money on it, he will earn more than eight points every year regardless of whether the capital is guaranteed or not. It's not easy either.

  He didn't think too deeply, he just wanted to understand.

  The reason why they are not in a hurry to take action against the rich is precisely because they understand this aspect better. Ye Dongqing does not want to expose her small business prematurely and attract the attention of the regulators before earning enough margin for them to invest with confidence.

With a smile on his face, he tried to change the topic again, and told: "The current scale of Freshwater Fund is only 16 million US dollars, and we also bought a large amount of national debt to reduce risks. Please tell me how much you plan to invest first. If the amount is not much, I will give you all my cars after I go bankrupt.

Don't rush to refuse, except for those Ferraris, which also includes an order for a Bugatti Veyron, which may take a few years to be delivered. Last year, it was said to start manufacturing, but the factory has not yet been built. I have already prepaid 150. A deposit of 100,000 U.S. dollars, okay? "

  …

  (end of this chapter)

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