Chapter 76 Paulson Institute

Author: Banlou Yaofeng

Chapter 76 Paulson Institute

"You are such a person. I'm afraid no one will warmly welcome you next time you go to Silicon Valley." Back at the hotel, Zhang Yiwen teased Qu Li.

"What's wrong with me? I didn't do anything bad, right?" Qu Li said shamelessly

“I visited other people’s companies and thought about poaching, but fortunately no one else knew about it.”

"You are wrong. They don't care. In Silicon Valley, Google is the first choice, followed by Microsoft and other companies. Yahoo is also famous, so it is not a good choice for programmers."

"You don't look down on such a big company, and it's also the parent company of Taobao?"

"Ari is not a subsidiary of Yahoo. I don't have the confidence to surpass Google right now, but it is still possible to surpass Yahoo."

"Hey, I knew you were thick-skinned, but I didn't expect you to be so thick-skinned, even more so than Yahoo."

"What, you don't believe it?"

"Is this obvious?" Zhang Yiwen's face turned translucent.

"What about a bet?"

"What bet?"

"If I do it, you and Chen Danlin will accompany me together..."

"Bah, bah bah..."

"shameless……"

"As a man, you can have anything, but you can't be shameless, otherwise you won't be able to find a girlfriend." Qu Litian said shamelessly, as if he could find a girlfriend if he didn't have shame.

After all, Zhang Yiwen didn't continue the topic. It's not good to be thin-skinned.

The next day, Peterson and his team came to the hotel again. Qu Li would not go out today. After discussing the fund handling plan, he was ready to go home.

Qu Li in Silicon Valley These days, the international crude oil price has dropped to around US$52, which means that the price of long options at US$60 a barrel has fallen again.

"Have the positions of crude oil and Lun copper been cleared?" Qu Li asked Peterson

"The position has been cleared. Here is the settlement slip."

Qu Li looked at the above. Lun Copper fell by 26% since he entered the market, crude oil fell by 19%, and gold futures lost 50%. After switching positions, he made a profit of 50%. The initial investment of 1.2 million Hong Kong dollars is now deducted. After the dividends given to them, there was still 2.9 million. Such an astronomical figure did not cause him any trouble.

"Let them go long crude oil at a price of 50 to 52 US dollars, and stop when it falls below 50. Just buy 7,000 barrels, and keep the rest just in case."

"Okay, I'll make arrangements right now."

"Due to the sharp drop in oil prices, the price of one-year crude oil options of US$60 per barrel has also fallen sharply, and the risk has become very high."

"All expenses are included, how much does it cost to buy 20 million barrels?" Qu Li remained unmoved, trying to scare him away just by this small market? 20 million barrels looks scary, but in fact there are only 20,000 lots. Considering that the current daily trading volume of international crude oil exceeds 200,000 lots, it is not impressive at all.

"Now it only takes $40 million."

"Let's do it this way. If I buy Paulson's first fund product for $20 million, can I withdraw it after one year?"

"Yes, except for specific opening dates every year, you must make a reservation at least one month in advance for other times, and you will also lose part of the benefits..."

Qu Li actually wanted to get Wu Hongning to invest in the Paulson Fund, but the domestic money was really not available. Wu Hongning really had no choice. The next best thing was to increase leverage, but Qu Li was directly rejected by the people at HSBC. The risk was too high. Big.

Of the 90 million US dollars, 60 million will be invested in the financial market, leaving 30 million, of which 10 million will be used for domestic investment, such as investing in Youku and establishing Honor, and the remaining 20 million will not be planned for the time being.

Why not invest all the money in the financial derivatives market? This depends on a person's awareness of risk resistance. Although Qu Li does not believe that his arrival will affect the subprime mortgage crisis, what if, assuming Buffett acquires Lehman Brothers?

, or if A-shares and real estate collapse early, then international crude oil will most likely fall below 50 US dollars a barrel, and then all the tens of millions of dollars he invested will be wasted.

The so-called wisdom of application lies in one intention. Conservative and radical are never absolute. Last year, Qu Li invested all the domestic revenue of "Comet" in promoting it in the United States. How did he know that he would reap 150 million US dollars in the North American box office?

Originally, he wanted to spend the remaining 20 million to buy US stocks, but he was really not sure about the short-term speculation. The stock price of Apple, which he wanted to buy the most, soared 15% because of the IPhone launch. Google has risen a lot, and Yahoo is falling. The key is that he saw

Every rise and fall of such a large amount of money was an astronomical figure to the former Qu Li, who was psychologically frightened.

Option investment is different. It is a pure gamble. You can buy it and leave it without having to test your mind and determination.

"But the U.S. dollar has been depreciating, and the exchange rate losses will be huge over time." Peterson

Of course, Qu Li knew that Ruanmei currency would appreciate all the way, but currency cannot circulate freely. It is easy for money to go in, but difficult to get out.

“Besides China, what other regions’ currencies are appreciating?”

"Euro, pound, yen and Australian dollar?"

“Which Aussie?”

"In Australia, because the prices of commodities and iron ore have increased, hot money has poured in, and they want a share of the pie. The most famous one is an iron ore company called FMG..."

"Australia is rich in mineral resources?"

"Gold, silver, copper, iron, bauxite, coal, rare earths and uranium, most of the world's minerals are found here."

"Metal minerals?" Qu Li lay on the chair and nodded at the table.

"What is the market value of FMG's stock price?"

"The stock price is around A$1.3, and the market value is about A$3.2 billion."

"Do you think iron ore prices will continue to rise?"

"Most likely?" Zhang Yiwen said, "In December last year, Baosteel and Vale negotiated a price increase of 9.5%, but this year the market price has exceeded the long-term agreement price. This time Nippon Steel and Posco Steel are renegotiating...

"

"The price increase of iron ore is a high probability event, so investing in FMG now has a high probability of not losing money, and the US$20 million is less than 1% of FMG's market value, so it should be more convenient to enter and exit. Are their transactions active?"

"Based on the trading volume in the past few months, an average of 5 million shares were traded every day."

"Then buy 10 million shares and keep the rest of the money." Qu Li did not hesitate for too long. FMG's stock price is now more than one yuan, which is really cheap. It has not fallen to this level since the outbreak of the financial crisis, plus the Australian dollar

Appreciation, this wave is complete.

"How long will it take to complete the opening of a position?"

"One week is enough, HSBC's network is all over the world."

Although it was a bit bragging, Qu Li still somewhat believed that HSBC seemed to be the fifth largest bank in the world. Although he did not like HSBC, international transactions were indispensable without the support of a multinational bank, and American banks were even less trustworthy than HSBC.

Even if ICBC among the four major banks became the largest bank in the world after the subprime mortgage crisis, it still cannot serve as a financial umbrella for the international development of Chinese enterprises. As for why, just check how many branches they have abroad.

After explaining these things, Qu Li ended his first trip to the United States and returned to Yangcheng with an iPhone engineering machine. Don't ask him how he got it. It was not stolen anyway, so there was no need to be sneaky.
Chapter completed!