Chapter 506 Eliminate Harms for the People! (Monthly Ticket Asked)(1/2)
Bill Gates' reaction was within Lu Yiming's expectation.
And this is the most correct reaction of a qualified capitalist.
Facing Bill Gates' inquiry, Lu Yiming instead raised his voice and said, "Don't be anxious. You need to find a group of people first. The two of us can't do this. It's easy to short U.S. stocks. We have to think about it in advance."
How to get away, my man."
Bill Gates, who was born in the upper class of America, naturally understands what Lu Yiming means. Shorting U.S. stocks is actually allowed by the rules. After all, the United States flaunts freedom and democracy, and the financial market is also open. Leeks from all over the world are welcome to play.
.
But everyone on Blue Star should understand one thing. If there is no reciprocal force, don't expect the other party to reason with you.
Which country is the most unreasonable in the world?
America.
If America's own short sellers are shorting U.S. stocks, then the meat is rotten in the pot.
Outsiders want to come over and get some meat?
Haha, wait until the door is closed and beaten to death with sticks.
So Lu Yiming's choice was to recruit a group of American dignitaries through Bill Gates, use the tiger's skin as a banner, and do this together.
When the time comes when the law fails to punish everyone, what can you do?
Moreover, Lu Yiming has been playing according to the rules of the game from beginning to end and looking for someone to take the blame. He is purely afraid that the United States will not follow the rules and play tricks outside the game.
As for what kind of disaster the U.S. stock market will suffer, how many technology companies will go bankrupt, and how many people will lose their jobs, Lu Yiming doesn't care at all.
After all, he is not American.
After playing ball for a while, things were almost settled. Bill Gates agreed to hold a dinner at his manor the next day to greet Lu Yiming and introduce him to Lu Yiming. Lu Yiming happily agreed.
The next night, Lu Yiming arrived as scheduled and met a new face at Bill Gates' estate.
"This is Paul Allen."
Bill Gates introduced to Lu Yiming.
"Paul, this is the Lu Yiming I have often mentioned to you."
Hearing Paul Allen's name, Lu Yiming couldn't help but his eyes lit up.
Speaking of which, everyone is familiar with the name of the richest man Bill Gates, but Paul Allen is also indispensable for the fact that Bill Gates has been able to sit on the throne of the world's richest man for so many years.
The two knew each other when they were at Lakeside High School, a private school in Seattle. Paul Allen was two years older, but he and Bill Gates shared a common hobby - computer programming.
It is precisely because of this that he soon became Bill's best partner. In order to complete the production of the curriculum for the four hundred students at Lakeside Middle School, the two of them stayed in the room writing code without taking a shower or going out.
Often when Bill Gates is too tired, he lies down to rest for a while, and then Paul Allen gets up and continues writing. When Paul Allen gets tired, Bill Gates takes over his work.
In this way, the two people worked around the computer and finally designed a perfect program before the start of the school year to create a curriculum that could accommodate four hundred students.
This was the beginning of the collaboration between the two people. In 1975, Paul Allen and Bill Gates joined forces to found Microsoft in Albuquerque, New Mexico, and began selling basic interpreters.
The New York Times reported that it was Paul Allen who gave Microsoft the name "micro-soft".
In 1980, led by Paul Allen, Microsoft bought the operating system called qdos for $59,000.
At that time, the deadline for the agreement with IBM was approaching, and Bill Gates and Paul Allen were worried about being unable to complete the development of the operating system in time. After purchasing the fully functional QDOS, Microsoft modified its code to meet IBM's requirements.
.Finally, Microsoft's products were adopted by IBM as the operating system for new computers, and this cooperation became a stepping stone for Microsoft's future growth.
Paul Allen resigned from Microsoft in 1983 due to Hodgkin's disease, left the board of directors in 1984, and was cured after several months of radiation therapy and a bone marrow transplant. In 1990
Returned to the board of directors.
Facing this great god, Lu Yiming said politely: "I have admired his name for a long time."
Paul Allen also seemed quite easy-going. He joked: "I often hear Bill talking about you. It's hard to believe that a young genius like you can be born in the ancient East."
Lu Yiming smiled and said: "I often hear Bill talk about you, saying that without you, there would be no Microsoft today."
Behind every successful man, there is always one or two reliable friends who support each other.
For Bill Gates, Paul Allen is his mentor.
Lu Yiming and Bill Gates explained to Paul Allen their plan to short U.S. stocks.
Bill Gates has always attached great importance to the opinions of his friends, so he looked at the other person without blinking and asked seriously: "Paul, what do you think of this matter?"
Paul Allen thought about it and thought that Lu Yiming's analysis was very objective and had a high chance of success.
Microsoft, which is now mired in an antitrust lawsuit, is the best example of this. In the past, the United States would do whatever it took to promote the information highway plan. Even Wall Street people followed suit and speculated, causing Internet concept stocks to continue to be heated up, and Microsoft benefited from this.
, but in comparison, the price of the entire industry has indeed been so high that it is staggering.
In fact, there are not without smart people on Wall Street. For example, the well-known short-selling company Quantum Fund was very stubborn in the early days and openly chose to fight against the technology bubble. Its head Stanley Druckenmiller even directly selected
I bought twelve overvalued new technology stocks and made a short position worth US$200 million.
But a smart person can never defeat fools everywhere.
Under the enthusiastic hype of Wall Street financial capital, the stock prices of all the stocks bought by Stanley Druckenmiller rose unstoppably. Within a few weeks, Druckenmiller, who advocated short selling, lost more than 600 million U.S. dollars and almost lost 600 million US dollars.
I lost my pants.
By May 1999, the company's old client Hausman Fund announced that it would cut its investment in Quantum Fund by more than half, and other investors also redeemed their funds.
As a result, Druckenmiller was under tremendous pressure and had to announce that he would give up shorting technology stocks, join the bubble, and start buying technology stocks in large quantities.
So don’t go against the market just because you think you are smart. You may have a higher IQ than fools, but fools have money.
There are many similar examples. For example, Quantum Fund’s old rival Tiger Fund initially chose not to engage in technology stocks. Its leader, Julian Robertson, publicly declared that the stock prices of technology stocks were too high and chose to focus on investing in traditional value stocks.
However, in early 1999, Robertson's share price of American Airlines fell 29% in just three weeks, and Federal-Mogul fell 30% in the first half of the year.
At this time, investors were no longer interested in value stocks, and Robertson's choice to ignore the boom in technology stocks caused investors to begin withdrawing funds on a large scale. Robertson had to buy technology stocks in order to make a profit. In March 1999, he established
Developed a $200 million technology stock portfolio.
In Lu Yiming's view, the current stock market situation in the United States is like this. Too many financial forces have been tied to the chariot and they are racing towards hell.
Many fund companies have been caught up in the general trend and have to move forward.
If you don't get out of the car, you will definitely fall to your death.
But if you want to get out of the car, you may fall to your death now. It is really a dilemma. You are not a human being inside and outside.
And what Lu Yiming wants to do is, to put it bluntly, a job of "picking up corpses" to take away the "legacy" from those companies that fell to death.
After listening to Lu Yiming's ideas, Paul Allen asked: "Do you have any specific plans?"
Lu Yiming did not hide anything, saying: "I plan to first acquire a poorly managed short-selling fund company, and then re-inject capital. Next, of course, I will create a god."
Paul Allen and Bill Gates were puzzled when they heard this: "Creating gods?"
Lu Yiming smiled and explained: "Yes, when it comes to creating gods, the general public is always blind and easily instigated, so we have to create an omnipotent stock market god for them to help them make decisions, and at the same time to influence public opinion and the situation.
, to push the situation in our favor."
Paul Allen was surprised and said: "I thought you would stand on stage by yourself. After all, when I was your age, my favorite thing to do was to be in the limelight."
Lu Yiming quickly shook his head: "No, no, no, I have always been a low-key person. There is an old saying in the Xia Kingdom that a big tree attracts the wind. I don't want to be targeted by hyenas."
This hyena naturally refers to the Department of Justice of the United States.
You know, the Department of Justice is not a good person in the United States. It can even be said to be "notorious." Any short-selling company will definitely be investigated afterwards, such as whether the short-selling institution shared the short-selling report in advance, or whether it participated in
Illegal trading, using illegal means to lower stock prices, etc.
Naturally, Lu Yiming is not afraid of normal investigations. He is afraid of being framed. It has not been a day or two since the United States accused a deer of being a deer. If something happens, who can stand up and seek justice?
Therefore, it is natural to take precautions and find a scapegoat first.
After that, Lu Yiming discussed a few more details of the transaction. Basically, everything was ready, all he needed was Dongfeng.
"Once the funds are in place, our plan can start immediately. The speed must be fast. The sooner we enter the market, the greater our gains will be."
Paul Allen was obviously also very interested in Lu Yiming's plan and immediately expressed his intention to join. However, he went on to say: "The amount of funds you need is too large. It's not that Bill and I can't come up with it, but it's too conspicuous and easy.
Attracting those hyenas from the Ministry of Justice.”
As a native American, he naturally loves the United States deeply, but he obviously loves the U.S. dollar even more.
However, Paul Allen is not stupid. He knows that you can make money, but you can't get yourself burned. So he recommended someone to Lu Yiming: "I know a friend on Wall Street. If you want to get a large amount of funds, you can ask him for help.
"
After saying that, he gave Lu Yiming a phone number and said the person's name.
"By the way, his name is Epstein."
After hearing this, Lu Yiming was shocked by the name: "Is Epstein your friend?"
Jeffrey Epstein founded the Jay Epstein Company, owned a private Boeing 727 aircraft, and also owned the largest private mansion in Manhattan, New York City, which is said to be the largest in New York.
In 2007, he was arrested for Piao Chang.
In 2019, he was prosecuted in New York for x-trading.
On the evening of August 9, 2019, 66-year-old Jeffrey Epstein committed suicide in a Lower Manhattan jail.
To be continued...